Manila Standard - 2024 February 13 - Tuesday

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Foreign biz back ‘Cha-cha’

As Congress enters ‘constructive phase’ of economic reforms By Macon Ramos-Araneta and Maricel V. Cruz

F

OREIGN businessmen on Monday and experts invited by a Senate panel tackling revisions to the 1987 Constitution welcomed the easing of restrictions on foreign direct investments through Charter change.

CHA-CHA PANEL. Dr. Bernardo Villegas, former Supreme Court Senior Associate Justice Antonio Carpio, and lawyer Rene Sarmiento (from left) face the Senate subcommittee tackling proposed changes to the 1987 Constitution on Monday at the Senate building in Pasay City. Lino Santos

Bomb threat hoax rattles 6 gov’t offices, schools

"We are of the opinion that the removal of economic restrictions in the 1987 Constitution would facilitate an increase in FDI (foreign direct investment) in sectors where such investments are currently restricted,” said Julius Payne, president of the Canadian Chamber of Commerce of the Philippines. Payne, who spoke in the hearing on Monday chaired by Senator Sonny Angara, also said that foreign businessmen recognize it is also the “duty of the government to protect its national interest.” Next page

VOL. XXXVIII • NO. 3 • 3 SECTIONS 12 PAGES • P20 • TUESDAY, FEBRUARY 13, 2024 •

Mastermind of Marawi bombing killed in skirmish, Army says HELP FOR HEROES.

President Marcos personally hands over special financial assistance to 12 soldiers at the Army General Hospital after they sustained injuries in fighting the Dawlah Islamiyah-Maute Group following the bombing of the Mindanao State University-Marawi last month. PCO Photo

By Rey Requejo, Rio Araja, Darwin Amojelar, and Butch Gunio AT least six government agencies and some public schools in Bataan, Zambales and Cebu received bomb threats yesterday, which all turned out to be false alerts. The threat reportedly stemmed from an email sent from a Japanese address by a certain Takahiro Karasawa, who identified himself as a lawyer. “I set high-performance bombs in major Philippine government offices. Those bombs will explode at approximately 3:34 p.m. on February 12. Unlike previous bomb threats, it really explodes and many people die,” the email sender wrote. Next page

AFP EYES BATANES FOR ‘BALIKATAN’ NEWS / A2 THE alleged mastermind of a bombing Among the dead was Khadafi at a Catholic mass in Mindanao last year Mimbesa, who went by the alias of was killed during a military operation in "Engineer," whom the military identified Lanao del Sur last month, officials said as the "mastermind" behind the bombing. Monday. Four people were killed and dozens

Volatile market blunts oil price rollbacks today By Alena Mae S. Flores

BOMBER AND BOMB THREAT REAX. Top photo from the Philippine

National Police shows Khadafi Mimbesa, tagged as the mastermind in the Dec. 3 bombing of Mindanao State University in Marawi City that killed four people. Above photo shows workers of the Department of Environment and Natural Resources outside their central office in Quezon City after receiving an emailed bomb threat, which turned out to be a hoax. Manny Palmero

#ANONGBALITA Benitez explains 'chance encounter' with Ivana Alawi BACOLOD City Mayor Alfredo Benitez denied he went to Japan with actress Ivana Alawi, saying it was only a “chance encounter” after a video of the two of them conversing while in line at the airport went Next page viral online.

THE continued volatility in the world oil market cut into the expected price rollback this week, as oil companies set a final cut of P0.60 per liter for gasoline, P0.40 per liter for kerosene, and P0.10 per liter for diesel effective 6 a.m. Tuesday. Seaoil Philippines, PetroGazz, Cleanfuel and Jetti Petroleum announced the price rollback, ending five weeks of consecutive oil price hikes. Other oil companies are expected to follow. "The volatility of oil market continues last week with factors pushing the prices to go down or up but after 5 consecutive weeks, we will be expecting a minimal rollback in the prices of gasoline, diesel and kerosene," Department of Energy (DOE) director for the Oil Industry Management Bureau Rodela Romero said. Next page

Mayor Binay ready for 'exciting part' MAKATI Mayor Abigail Binay made a cryptic post on social media, hinting at getting ready for an “exciting” chapter in life where she will have the last laugh over people who have hurt her in the past. Next page

wounded in the Dec. 3 attack on worshippers inside the gym of the Mindanao State University in Marawi, the country's largest Muslim city, that was later claimed by the Dawlah Islamiyah-Maute Group.

Eight Dawlah Islamiyah militants were suspected of carrying out the attack on Mindanao island, Brig. Gen. Yegor Rey Barroquillo of the 103rd Infantry Next page Brigade said.

Chiefs nip 49ers for third Super Bowl title LAS VEGAS—Patrick Mahomes conjured another Super Bowl comeback on Sunday as the Kansas City Chiefs snatched a thrilling 25-22 overtime victory over the San Francisco 49ers to win their third US National Football League championship in five seasons. In a perfectly scripted finale before a celebrity-studded Las Vegas crowd including pop icon Taylor Swift, Mahomes found Mecole Hardman in the end zone with just three seconds remaining

in overtime to seal a dramatic win in what was the longest Super Bowl in history. The victory makes Kansas City the first team to win back-to-back Lombardi Trophies since the New England Patrio t s in 2003-2004, cementing the franchise's right to be regarded as the NFL's newest dynasty.

Taylor Swift kisses Travis Kelce

MVP's advice to Andres Muhlach: Court Princess Leonor of Spain TYCOON Manny Pangilinan urged the son of actor Aga Muhlach to court Princess Leonor of Spain. Next page

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