Manila Standard Today - June 19, 2012 Issue

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CYAN MAGENTA YELLOW BLACK
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Flood alert up over wide areas in Metro Manila
CANBERRAAustralian pub-
lisher Fairfax Media said Monday
it will shed 1,900 jobs over three
years and erect pay walls for two
agship newspapers as readers in-
creasingly move online.
The company said it was giv-
ing itself the exibility to ditch
its print operations entirely at
some point in the future if that
was what consumers demanded.
The job cuts at the Sydney-
based media empire represented
almost one fth of its 10,000 staff,
spokesman Brad Hatch said.
Fairfax said its The Sydney
Morning Herald and The Age
broadsheet newspapers will be-
come tabloids and their websites
will introduce pay walls from
early next year.
Fairfax owns more than 300
newspapers, 50 websites and 15
La Mesa Dam unit manager Daniel Baui
said the water level at the dam was 79.80
meters as of Monday, which was very close
to the spillage level of 80.16 meters.
There was also news that a new ty-
phoon would bring more rain, and par-
ticularly to Luzon.
We are on red alert status, Baui
said.
We have informed the local government
units directly below the dam that the water
level might reach spillage level within the
next few days if more rain will come.
The La Mesa Dam, an earth dam that oc-
TYPHOON Butchoy may have left
the country, but a new storm brewing
800 kilometers west of Northern Lu-
zon could cause more rain and dam-
age more crops in the Philippines, the
weather bureau said Monday.
Tropical storm Talim would be
named Carina once it entered the
Philippines area of responsibility, and
it could dump 15 to 20 millimeters
of rain per hour, weatherman Samuel
Duran said.
Carina will not make landfall but it
will trigger torrential rain in the western
section of Northern and Central Luzon
including Metro manila, he said.
The Agriculture Department on
Monday said the damage to rice and
corn crops in Mindanao resulting from
persistent rain worsened by Butchoy
had reached P29.8 million.
North Cotabato alone lost P24.43
million worth of corn crops and P5.2
million worth of rice crops, the de-
partment said, adding 241 metric tons
of rice crops and 1,690 metric tons of
corn crops had been lost.
Regional Director Amalia Datukan
said she had ordered 536 bags of rice
seeds and 500 bags of corn seeds re-
leased to help the affected farmers.
Based on the rice sufciency master
plan, the Philippines aims to achieve
self-sufciency in rice production by
2013 with at least 21 million metric
tons of rice.
The National Food Authority on
Monday said
ABU Sayyaf terrorists had taken a Jor-
danian journalist and his two Filipino
television crew to the jungles of Sulu,
but it wasnt known if they were being
held for ransom, presidential spokes-
man Edwin Lacierda said on Monday.
But he said government investiga-
tors could not yet conclude that the Abu
Sayyaf had kidnapped Baker Atyani, the
Southeast Asia bureau chief of the Dubai-
based Al Arabiya, and Filipinos Rolando
Letrero, 22, and Ramelito Vela, 39.
What we can conrm is that they are
in the hands of the [Abu Sayyaf Group],
and that they went there voluntarily for
an interview, Lacierda said.
The Al-Arbiya news team arrived in
PRESIDENT Benigno Aquino III on Mon-
day signed into law two measures seeking
to strengthen the laws against money laun-
dering and terrorist nancing.
He beat the June 22 deadline for the coun-
try to comply with the international standards
set by the Financial Action Task Force and
averted a possible blacklist. That aside, he
also averted possible monetary sanctions.
The two billsAn Act To Further
Strengthen The Anti-Money Laundering
Law and The Terrorism Financing Preven-
tion And Suppression Act of 2012will
expand the states powers to investigate
funds kept in banks for illegal activity.
Presidential spokesman Edwin Laci-
erda described the signing as a major step
By Rey E. Requejo
THE Judicial and Bar Council on Mon-
day approved live media coverage of its
interviews with the candidates for the
position of chief justice of the Supreme
Court to replace impeached Chief Justice
Renato Corona.
The eight-member council agreed to
amend the rules prohibiting live TV and
radio coverage of the proceedings amid
the calls from various sectors for greater
transparency in the selection of the next
chief magistrate.
The guidelines for the live broadcast-
--the rst in the 25-year history of the
constitutional body tasked to vet nomi-
nees to judicial posts---will be drafted by
council members in an executive com-
mittee meeting on Thursday.
Supreme Court spokeswoman Maria
Victoria Gleoresty Guerra said the coun-
cils decision was grounded on the need
for transparency and the high impor-
tance of the vacancy.
She said the new rule allowing cameras
and recorders during oral interviews will
apply not only to the candidates for the post
of chief justice but also to all other posts
By Joyce Pangco Paares
MALACAANG on Monday
urged the Communist Party of the
Philippines-National Democratic
Front to consider signing a cease-
re agreement with the government
as informal talks resumed last week
in Oslo.
This [informal talks] is a step in
the right direction. We hope some-
thing can be ironed out, presidential
spokesman Edwin Lacierda said.
It will be in the interest of all
to arrive at a peace framework. A
ceasere is worth discussing with
our security forces. We certainly
hope the other side as well will
consider the ceasere proposal as a
mechanism to advance peace.
In a separate statement from
Oslo, government chief negotiator
Alexander Padilla said he viewed
the prospects of renewed talks
with guarded optimism.
After such a long impasse
By Zara de Leon
IT TOOK typhoon Butchoy only a few hours to do
what the government could not do for months: force
the Chinese shing boats to leave the disputed Scar-
borough Shoal at least for the time being.
In a statement released on Monday, the Chinese
Embassy in Manila said Chinese authorities had de-
ployed the Nanhaijui-115 to the shoal, known locally
as Panatag, to tow their shing boats out of the area
due to the bad weather brought by Butchoy (interna-
tonal name Guchol).
Due to the inclement weather and strong tide in the
Huangyan Island waters, and in order to help Chinese
shermen and the shing boats nd shelter, Nanhaijiu-
115 vessel has set out to the area to provide necessary
assistance, the embassy said.
New
envoy.
President
Benigno
Aquino III
swears into
ofce Sonia
Brady as
the new
ambas-
sador to
China with
jurisdiction
over South
Korea and
Mongolia.
Missing reporter. This picture of
Baker Atyani, Al-Arabiya TVs bureau
chief for Southeast Asia, was taken
at the waterfront in Jolo before his
disappearance.
La Mesa Dam
fills to the brim
New storm
may damage
more crops
in Mindanao
Interview of CJ applicants to be broadcast live
Aquino signs AMLA into law
Aussie media group to ditch print operations for online
Palace urges
Reds to sign
peace accord
Arabian media
crew in custody
of Abu Sayyaf
TODAY
Standard
Manila
Vol. XXVI No. 105 12 Pages, 2 Sections
P18.00 TUESDAY, June 19, 2012
By Christine F. Herrera
THE electric tricycles that Presi-
dent Benigno Aquino III wanted
deployed nationwide next year at
a cost of P21.5 billion had proved
problematic in pilot tests in Man-
daluyong City, civil society groups
warned Monday.
Some 30 percent of the Asian De-
velopment Bank-designed e-trikes
remained parked in garages because
those had broken down barely a year
in operation, said Red Constantino,
executive director of the Institute for
Climate and Sustainable Cities and
Ronni Masayda, assistant transition
manager of the NGO Forum on the
Asian Development Bank.
That contrasted with the assur-
ances of the ADB and the Energy
Department to the Washington-
based Clean Technology Fund that
the tricycles would last 10 years,
the civil society groups said.
Aksyon Klima convenor Elpi-
dio Peria Jr., also an observer at the
Clean Technology Fund delibera-
tions, said the civil society groups
had raised the lack of after-sales
service for the 100,000 e-trikes that
the government wanted to distrib-
ute, particularly since most of the
parts, including the lithium-ion bat-
teries, were imported.
President Aquino wants to roll
out and distribute to the mayors
20,000 of the 100,000 e-trikes start-
ing next year, an election year, Pe-
ria said.
30% of e-Trikes pilot-tested
in Mandaluyong City failed
Flood transport. Enterprising boys charge commuters to get them across a ooded street in Catmon, Malabon. DANNY PATA
Dangerous sign. A maintenance
worker puts up the water elevation
sign as the water in the dam (top
photo) continues to rise to critical
levels. MANNY PALMERO
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www.manilastandardtoday.com mst@mstandardtoday.com
Next page
Bad weather forces Sino
vessels out of shoal, too
By Othel V. Campos and Rio N. Araja
THE operators of La Mesa Dam on Monday is-
sued a red alert warning as the water in the dam
continued to rise to spillage level, threatening to
ood wide areas of Quezon City and other urban
centers as far north as Navotas and Malabon.
cupies 27 square kilometers, has a reservoir
that can hold up to 50.5 million cubic me-
ters. The dam is managed and operated by
Manila Water Corp. under contract from the
Waterworks and Sewerage Authority.
La Mesa provides water to the 12 mil-
lion residents of Metro Manila. An esti-
mated 1.5 million liters pass through its
reservoir daily, feeding the water mains
that connect to the 16 cities and one town
in Metro Manila.
Baui said that, in case of spillage, the
dam had no control measures to manage
the ow, and the water would cascade
down to the low-lying areas. The volume
would depend on the nature of the rainfall
brought by the typhoon.
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News
ManilaStandardToday mst.daydesk@gmail.com JUNE 19, 2012 TUESDAY
A2
Sacred Art Center. Bishop Teodoro Bacani and priest Victor Villalobos spearheaded the establishment
of Sacred Art Center, an organization encouraging artists to create all types of religious art. To launch
the center, a painting exhibit and a religious art festival was held for one week at the Philippine Stock
Exchange Center at the East Tower Lobby of the Ortigas Center, where close to 40 oil-on-canvas paintings
of artist Villalobos were exhibited to nance the Sacred Art Center and Soroptimist advocacies. Shown
during the exhibit are, from left, Soroptimist District director Laling Ordoez, Rep. Linabelle Ruth Villarica,
Villalobos Bacani Jr. and Mrs. Aurora Villalobos.
CUSTOMS Commissioner
Ruffy Biazon on Monday com-
mended the top three district
ports for their continuing ef-
fort to collect more taxes and
contribute more to government
funds.
He said the International
Container Port, the Port of Ma-
nila and the Port of Batangas
were the three best districts
ports, contributing nearly three-
fourths of Customs total col-
lections in 2006 to 2010.
I am congratulating them,
and I hope that they will keep
up the good work for our con-
tinued quest for more sustain-
able growth, Biazon said in a
statement.
He said the container port
collected 26 percent of the total,
the Port of Manila 25 percent,
and the Port of Batangas 21 per-
cent during the period.
The Port of Limay was
fourth, accounting for 11 per-
cent of Customs total collec-
tion while the Ninoy Aquino In-
ternational Airport ranked fth
with 8 percent.
The ve ports total collection
represented 91 percent of the
bureaus total collection during
the period, while 12 provincial
ports contributed the remaining
9 percent.
The container port, the Port
of Manila and the international
airport are often dubbed as the
billionaire ports, while the
Port of Batangas and the Port
of Limay are often identied as
the oil ports because of the
large volume of oil and petro-
leum products in their respec-
tive jurisdictions.
Biazon
praises
top three
collectors
PUMP prices dropped for the
11th consecutive week, and by as
much as P1.20 per liter effective
12:01 a.m. on Tuesday, follow-
ing the continuing softening of
world oil prices.
Petron Corp., Pilipinas Shell
Petroleum Corp., Chevron Phil-
ippines, and Eastern Petroleum
Corp. said they will cut prices by
P1.20 per liter for premium plus
and premium unleaded gasoline,
P1.10 per liter of regular gaso-
line, P0.50 per liter of diesel, and
P0.35 per liter of kerosene.
This is to reect the [price]
movements in the international
oil market, Petron said in its ad-
visory.
The price cuts for the past 11
weeks have reached P9.05 per
liter of premium plus and premi-
um unleaded gasoline, P6.95 per
liter of kerosene, P10.20 per liter
of regular gasoline, and P7.60
per liter of diesel.
Premium plus unleaded gaso-
line now sells at P50.92 to P55.92
per liter, unleaded gasoline at
P45.95 to P54.16, and regular
gasoline at P44.06 to P52.05.
Diesel now sells at P38.80 to
P42.80 per liter, while kerosene
now cost P45.60 to P52.68.
We are now at the level of
2008 prices. Ee are even cheaper
than the cheap rate of 2008, and
while thats very good, the ques-
tion is how long it will last, En-
ergy Secretary Jose Almendras
said last week.
He said he was worried that
when something goes up too fast,
it will also come down too fast.
He said he has been trying to
monitor developments in the
international oil markets which
would reect how world prices
will likely move in the following
months. Alena Mae S. Flores
Distributors cut gas,
diesel prices again
Palace...
marked by distrust and misun-
derstanding, this is a welcome
development, an opportunity for
a new beginning, Padilla said.
We look forward to more
meaningful discussions with the
hope that it will lead to produc-
tive formal talks.
Padilla said if the CPP-NDF
was not amenable to a ceasere,
it could at least consider the
lowering of the levels of vio-
lence, especially against civilians
and other non-combatants such
as business establishments.
He also raised the govern-
ments continuing objection to
the New Peoples Armys use
of land mines in violation of the
Comprehensive Agreement on
Respect for Human Rights and
International Humanitarian Law.
The government and the
CPP-NDF had informal talks in
Oslo on June 14 to 15, ending a
15-month impasse in the peace
negotiations.
Despite the breakthrough
meeting, the NDF again raised
its earlier demand to release 14
people who had been arrested for
various crimes but whom they
claim to be their consultants, and
who they say are protected by the
Joint Agreement on Safety and
Immunity Guarantees.
It was the same demand that
caused the talks to bog down
more than a year ago.
The government earlier declined
to recognize the NDFs claim that
the 14 enjoy safe-conduct passes
because the list of Jasig-protected
people that the communist group
stored in a oppy diskette in Utre-
cht got corrupted and could no lon-
ger be retrieved.
The list should have been in
hard copy form containing the
photographs, real names and
aliases of all NDF consultants
who are covered by Jasig.
The government has also re-
jected the NDFs earlier offer to
reconstruct the list of Jasig-pro-
tected people for fear that other
communist leaders who have
standing arrest warrants could be
included in the list.
But in his recent letter to Padil-
la, Jalandoni reiterated the need
to reconstruct the Document
of Identication list and for the
government to allow the use of
encrypted photographs as legiti-
mate copies.
He told Padilla that the cease-
re proposal could be discussed
later in connection with the com-
munists proposal for a truce and
alliance as a special track in the
peace talks.
Padilla earlier indicated that
the Aquino administration might
allow the creation of a policy ad-
visory group composed of CPP-
NDF members.
He said an alliance with the
communist group was accept-
able as long as it did not mean
a coalition government or the
offering of Cabinet posts to key
CPP-NDF ofcials.
Presidential peace adviser
Teresita Deles said the next
round of informal talks would
most likely be set after July.
Interview...
covered by the councils selec-
tion process.
Guerra said the council will
tackle another request for live
media coverage of their voting in
a succeeding meeting.
Also on Monday, the council
extended the period for the ling
of applications and nominations
for the position of chief justice to
July 2 or 10 days more.
Council member Senator Fran-
cis Escudero said that would
widen the choices for the post
but would not delay the council,
which must submit its short list to
the President by July 30 or about
a month before the 90-day period
prescribed by the Constitution.
The President will still have
about a month to decide and
choose from the list, Escudero
said.
The Palace welcomed the ex-
tension, saying it would lead to
the broadest participation and
the widest possible pool of can-
didates.
The council had listed 40
names recommended for the post
of chief justice as of Monday.
Topping the list are Acting
Chief Justice Antonio Carpio and
the other four most senior justices
of the Supreme CourtAssoci-
ate Justices Presbitero Velasco
Jr., Teresita Leonardo-de Castro,
Arturo Brion and Diosdado Per-
altawho were automatically
nominated for the post underthe
councils rules.
Four junior justices of the Court
have also received nominations to
the post: Associate Justices Jose
Perez, Roberto Abad, and Maria
Lourdes Sereno and Estela Perlas-
Bernabe, two of President Aqui-
nos three appointees to the Court
since he took ofce in June 2010.
Among the prominent nominees
are former Makati City Rep. Te-
odoro Locsin Jr., former San Juan
Rep. Ronaldo Zamora, and 2010
presidential candidate and Bar top-
notcher Gilberto Teodoro Jr.
Four Cabinet ofcials have
also been nominated: Justice
Secretary Leila De Lima, Inter-
nal Revenue Commissioner Kim
Jacinto-Henares, Solicitor Gen-
eral Francis Jardeleza, and for-
mer Energy Secretary Raphael
Lotilla.
Also nominated were Elec-
tions Commissioner Rene
Sarmiento, former Solicitor Gen-
eral Francisco Chavez, retired
Judge Manuel Siayngco Jr., La-
guna Assistant State Prosecutor
Cesar Sasondoncillo, Integrated
Bar of the Philippines president
Roan Libarios, and lawyers Ro-
dolfo Robles, Pedro Aquino,
Hilarion Aquino, Nepomuceno
Aparis, Katrina Legarda, Sole-
dad CagampangDe Castro,
Teresita Herbosa, Jose Renante
Jr., Vicente Velasquez, Alexander
Padilla, Antonio Villamor and
Rey Oliver Alejandrino.
The members of the academe
nominated for the top post were
Ateneo De Manila University
College of Law Dean Cesar Vil-
lanueva, University of the Phil-
ippines College of Law Dean
Raul Pangalangan, University
of the East College of Law Dean
Amado Valdez, law professor
Rafael Morales, and former UP
law dean Marvic Leonen.
Anurse named Jocelyn Esquivel
and dismissed judge Florentino Flo-
ro were the only applicants so far.
Justices Brion and Abad, Pan-
galangan, Sarmiento, Morales
and Legarda have accepted their
nominations, while Sasondon-
cillo and Libarios have declined.
With Joyce Pangco Paares
and Macon Ramos-Araneta
New...
the governments rice inven-
tory was still within the buffer
volume of 480,000 metric tons,
which is good for 15 days.
The agency said the buffer
stock should always be for
15 days year-round and 30
days by July to ensure ample
supply during the typhoon
months.
An average of 21 typhoons visit
the Philippines each year. Othel V.
Campos and Rio N. Araja
Arabian...
Jolo on June 11 to shoot a tele-
vision documentary and inter-
viewed Sulu Governor Sakur
Tan the following day. Wit-
nesses said they were last seen
riding a rented vehicle to an
unknown destination, but no
untoward incidents had been
reported to the police.
The Abbu Sayyaf is a loose
group of heavily-armed ban-
dits and terrorists who roam the
jungles of Sulu, attack urban
centers and kidnap people for
ransom. In February two bird-
watchers from Europe, Swiss
national Lorenzo Viciguerra,
47, and Dutchman Ewold Horn,
52, were seized in nearby Tawi-
Tawi and were never heard
from again.
Lacierda said Atyani, who
has interviewed the Abu Sayy-
af in the past, did not inform
authorities that he had come to
do another interview. He also
turned down a government of-
fer of security and accommo-
dations.
Asked if the government
would have stopped Atyani
and his crew if it had known
about the interview, Lacierda
said the government could have
informed them of the possible
dangers.
We would not wish to pro-
scribe the right to their duties
as responsible journalists. The
best that we can do is to warn
them of the dangers, he said.
He reiterated the govern-
ments no ransom policy
and said a crisis committee had
been formed to handle the situ-
ation in the area. Joyce Pangco
Paares
Bad...
The pullout took place two
days after President Benigno
Aquino III ordered the Philippine
Coast Guard and the Bureau of
Fisheries and Aquatic Resources
to withdraw their vessels from
the disputed area and return to
port after Butchoy developed into
a 160-kilometer-per-hour howler.
But the Department of Foreign
Affairs expects the shing boats to
be back when the weather clears.
When the weather improves,
a re-evaluation will be made,
Foreign Affairs Secretary Albert
del Rosario.
The dispute between Manila
and Beijing started on April 10
when Chinese government ves-
sels blocked Philippine naval
ships from arresting Chinese sh-
ermen who were caught poaching
in the contested waters.
Since then, both countries have
deployed ships in the area to
press their respective claims on
Scarborough Shoal, which Ma-
nila refers to as Bejo de Masinloc
and which Beijing calls Huang
Yan Island.
China claims to nearly 90 per-
cent of the South China Sea or
West Philippine Sea, including
the purportedly resource-rich
Spratly and Paracel islands.
But the Philippines insists that
the shoal is well within its 124-nau-
tical-mile Exclusive Economic
Zone and Continental Shelf.
30%...
This will become an elec-
tion issue and people will start
questioning the straight path if
the legitimate and serious con-
cerns raised by the civil society
[groups] are not properly ad-
dressed.
Peria reminded the govern-
ment that the 16-member Clean
Technology Fund had postponed
its decision on nancing the proj-
ect until substantive issues had
been taken up.
Agham Rep. Angelo Palmones
says the government must make
sure the project is viable and does
not become a burden on the may-
ors and taxpayers.
Palmones and civil society groups
had questioned the governments de-
cision to shift the loan funding away
from the solar projects promoted by
the previous administration to its
own e-trikes program.
Florante de Leon, head of
the Mandaluyong City Tricycle
Regulations Ofce, conrmed
that six of the 20 e-trikes in the
city bogged down after the ADB
turned over 20 units for pilot test-
ing in April 2011 and commercial
operations began in May of the
same year.
He also said battery manage-
ment systems should be installed
to prevent the batteries from
overheating.
Preventive maintenance is
very important to the viability of
the project, De Leon told the 150
participants in a three-day work-
shop organized by the ADB and
the Energy Department in May.
Another lesson learned
through the Mandaluyong pilot
is that the fast charging is not as
fast as expected. Initially, it took
15 to 45 minutes to charge. How-
ever, after a while, charging time
increased to up to three hours
because of the selector that was
installed to control the current.
De Leon said charging stations
must be given priority, and a dis-
posal or recycling mechanism
must be put into place before
mass adoption.
Palmones said the problem
with the e-trikes was not limited
to having no after-sales service.
They were not even registered in
Mandaluyong.
We have here a case of e-
trikes plying the routes without
having been properly registered
because the [Land Transporta-
tion Ofce] did not know how to
classify them under the existing
rules, Palmones said.
Under the governments in-
vestment plan, the ADB would
extend loans to the Energy and
Finance Departments, which will
re-lend the amount to the mayors.
The mayors in turn would col-
lect P350 in daily payments from
the tricycle drivers and remit the
money to the national govern-
ment for debt servicing.
But civil society groups have
opposed the setup, saying it
would encourage political patron-
age and deprive the private sector
of a role in micro-nancing.
Aussie...
radio stations in Australia and New
Zealand.
Australian staff were told in a
memo that 300 jobs would be shed
within three months in the cities of
Sydney, Melbourne, Canberra, Bris-
bane and Perth. Half of those jobs
would be editorial.
But the companys New Zealand
CEO said the changes would not
affect Fairfaxs 2,500 employees
there. Nor were there any plans to
introduce pay walls for New Zealand
newspaper websites.
Australias largest newspaper
publisher after News Corp. also
said it would close two printing
plants in Sydney and Melbourne
by June 2014.
Both sites had printing presses
with signicant surplus capac-
ity which was no longer required,
Fairfax said.
In a ling to the Australian stock
exchange, Fairfax said the changes
provide exibility to move the busi-
ness to a digital-only model if that is
what is required in the future.
The company said 65 percent of
the readers of The Sydney Morn-
ing Herald and The Age were now
accessing content digitally through
computers, smart phones, tablets or
smart television.
Readers behaviors have
changed and will not change back,
chief executive Greg Hywood said
in a statement.
As a result, we are taking de-
cisive actions to fundamentally
change the way we do business.
Hywood said Fairfax devised
the changes after considering the
merits of a range of alternatives, in-
cluding splitting the company into
its separate businesses. AP
Aquino...
toward enhancing transparency and accountability.
Both will strengthen the capability of government to
identify and prevent nancial transactions related to ille-
gal activities and those that undermine global security,
Lacierda said.
These qualify as two out of the three reforms needed
for the countrys compliance with the international stan-
dards set by the Financial Action Task Force of the Or-
ganization of Economic Cooperation and Development.
The third bill, which Congress failed to pass, seeks to
empower the government to look into money channeled to
non-bank entities such as casinos and foreign exchange or
precious metals traders.
In a letter sent to AMLC chairman and Bangko Sentral
Governor Amando Tetangco Jr., FATF president Giancarlo
del Bufalo said the group will discuss any progress made
by your jurisdiction at the next FATF meetings in Rome on
18-22 of June 2012. Joyce Pangco Paares
La Mesa...
He urged residents to be familiar with the ood warning system
put in place by local governments such as sirens, and to watch out for
announcements in radio and television so they could move to safer
ground with plenty of time.
Baui said Manila Water had stand-by rescue units equipped with rub-
ber boats and life-saving kits.
The dam warning became even more serious as the weather bureau
tracked a tropical storm 800 kilometers west of Northern Luzon and
was forecast to approach the Philippines Wednesday evening.
Weatherman Samuel Duran said tropical storm Carina was expect-
ed to bring 15 to 20 millimeters of rain per hour to Metro Manila.
Expect moderate to heavy rainfall because of Carina enhancing the
southwest monsoon, Duran said.
He said Carina would trigger torrential rain in the western section of
Northern and Central Luzon. Metro Manila would not be spared.
Carina will comes on the heels of Butchoy, which was estimated
700 kilometers northeast of Basco in Batanes on Monday and about
to leave.
JUNE 19, 2012 TUESDAY
A3 News
ManilaStandardToday mst.daydesk@gmail.com
IN BRIEF
Party-list reforms up
Tax raps against cardboard maker
Cops lose P250m to ghost pensioners
Filipino nurse joins
biggest mercy mission
This after the Elections Commis-
sion decided to rearrange in random
order the party-list groups to prevent
one party from having the advantage
over the other by way of alphabeti-
cal listing.
In its June 15 resolution, the
commission said it would conduct a
rafe of accredited party-list groups
for purposes of determining their
order of listing in the ofcial ballot.
Only party-list groups/coalitions
accredited by or duly registered with
the commission, and which have
manifested their desire to participate
in the party-list election, may take
part in the rafe.
The resolution stated that the
rafe should be conducted in
the presence of at least three
members of the commission;
chairman/president or in his
absence, the secretary-general of
the party-list groups/coalitions and
representatives of the media. To
ensure the orderly conduct of the
By Joel E. Zurbano
PARTY-LIST groups whose names
start with the letter A or the number
1 will not necessarily get the top slots
on the ballot to be used in the May 13,
2013 elections.
rafe, only the people mentioned
herein should be allowed inside
the session hall during the rafe.
The Comelec said it would
use a rafe drum and numbered
balls, which would correspond
to the alphabetical order of the
party-list organization.
Commission spokesman James
Jimenez said the decision to
rearrange the list was also made to
eliminate the voting bias in selecting
party-list groups at the top of the list.
There were groups who really
put As or numbers on their names
so voters who did not chose their
party-list groups beforehand
would vote for those on the top
of the list, Jimenez said.
The rafe would be held
on Dec. 14, 2012; 1:30 pm at
the Comelec Session Hall, 8th
oor, Palacio del Gobernador
Building, in Intramuros, Manila.
Under Republic Act 7941, any
organized group of personsprovided
that the sectors shall include labor,
peasant, sherfolk, urban poor, in-
digenous cultural communities, el-
derly, handicapped, women, youth,
veterans, overseas workers and
professionals can be registered as a
party-list group.
At present, there are 125
accredited party-list groups. In
the May 10, 2010 elections, the
Comelec accredited 187 groups.
There are a total of 50,850,939
registered voters in the country in-
cluding the overseas absentee voters.
The registration period started
May 3, 2011 and would end on
Oct. 31, 2012.
Next years elections will be
on May 13, 2013 where senators
will vie for 12 slots.
By Eric Apolonio
THE worlds largest joint
humanitarian mission in the
Pacic kicks off on Tuesday at
the Calbayog Port in Northern
Samar.
The Pacic Partnership 2012,
now on its 7th year of serving
the US Navy, will be joined by
partner-nations such as Thailand,
Australia, Malaysia, Canada,
France, Japan, New Zealand,
Singapore, Korea, Chile, Peru, and
Netherlands.
PP12s goal is to take part in a
humanitarian and civic assistance
mission that brings together U.S.
military and civilian personnel,
host and partner nations, non-
government organizations and
international agencies engaged in
relief and disaster control.
Unknown to many, a Canadian-
Filipina nurse, Lt. Iphigenia
Morales working as Operations
and Training Ofcer of the
Canadian Forces Health Service
Centre Pacic,joined the PP12 as
one of the hundreds of volunteers.
Morales, born in Bagac,
Bataan, migrated with her family
in Canada at the age of six.
My parents demonstrated the
importance of hard work and
perseverance, Morales said.
When I heard that I was
scheduled to go to the Philippines,
and learned that the mission was
about helping people, I knew it
was meant for me. I felt compelled
to ask my Commanding Ofcer at
Canadian Forces Health Service
Centre Pacic, where I work as the
Operations and Training Ofcer to
nominate me for this opportunity,
she said.
She is now a staff nurse working
in the medical-urgical ward of the
Military Sealift Command hospital
ship USNS Mercy, providing
care to the host-nations patients.
She has just completed her rst
mission over the weekend in
the Indonesian ports of North
Sulawesi, Manado and the three
islands of Sangihe, Talaud, and
Siau.
The USNS Mercy, the premier
hospital ship of the US Navy with
a capacity of 1,000 beds and can
accommodate 200 patients per
day, will be joined by 24 Japanese
medical personnel on board
Japanese ship Oosumi and C1
aircraft on June 18 for sealift and
airlift operations.
On Tuesday, US Ambassador to
the Philippines Harry K. Thomas
and Northern Samar Governor
Paul Daza together with local and
military ofcials will hold send-
off rites for the mission that will
deliver the much-needed services
through the Oplan Bayanihan
in the cities of Calbayog and
Catbalogan and in the towns of
Gandar, San Jorge, in Samar and
in San Isidro, Northern Samar
from June 19 to July 1.
Philippine engineering troops
will also take part in the US Pacic
30th Naval Construction Regiment
for rehabilitation and construction
of school buildings, health clinics,
roads and bridges.
Republic of the Philippines
ENERGY REGULATORY COMMISSION
San Miguel Avenue, Pasig City
IN THE MATTER OF THE
APPLICATION FOR APPROVAL OF
THE PURCHASE AND INSTALLATION
OF ONE (1) 83 MVA POWER
TRANSFORMER FOR THE DILIMAN
SUBSTATION AND TO MAINTAIN AND
INSTALL AN EMERGENCY SPARE
POWER TRANSFORMER
ERC CASE NO. 2012-069 RC
MANILA ELECTRIC COMPANY
(MERALCO),
Applicant.
x- - - - - - - - - - - - - - - - - - - - - - - - - - - - - x
NOTICE OF PUBLIC HEARING
TO ALL INTERESTED PARTIES:
Notice is hereby given that on May 4, 2012, the Manila Electric
Company (MERALCO) fled an application for approval of the purchase
and installation of one (1) 83 MVA power transformer for the Diliman
Substation and to maintain and install an emergency spare power
transformer.
In the said application, MERALCO alleged, among others, that:
1. It is a private corporation existing under the laws of the Republic
of the Philippines, with principal offce located at Lopez Building,
MERALCO Center, Ortigas Avenue, Pasig City. It may be served
with notices and other processes of the Commission at its
principal address or through its counsel at the address indicated;
2. It has a legislative franchise to operate and maintain a distribution
system in the cities/municipalities of Metro Manila, Bulacan,
Cavite and Rizal and certain cities/municipalities/barangays in
Batangas, Quezon, Pampanga and Laguna pursuant to Republic
Act No. 9209
1
, and is authorized to charge all its customers for
their electric consumption at the rates duly approved by the
Commision.
3. It seeks the approval of the Commission of its urgent purchase
and installation of the following: a) one (1) 83 MVA, 110 kV-34.5
kV-13.8 kV three-phase power transformer with On-Load Tap
Changer (OLTC) to replace the reallocated power transformer
for the Diliman Substation Expansion Project (Diliman Project),
which is an approved third (3
rd
) Regulatory Period project; and
b) the acquisition and installation of a similar 83 MVA, 110 kV-
34.5 kV-13.8 kV three-phase power transformer with OL TC as
a spare power transformer for use during emergency;
4. There is a need for it to immediately procure the transformer to
replace the power transformer originally allocated for the Diliman
Project due to the breakdown of a similar power transformer in its
Meycauayan Substation. Further, there is a need for it to have a
spare power transformer, and install the same when necessary,
in order to immediately address any possible breakdown of a
similar power transformer serving different load centers within
its franchise area;
5. Under the existing rules, a Distribution Utility (DU) is required
to fle an application for approval of emergency capital project
within sixty (60) days after the start of construction
2
. However, for
purposes of recovering the capital cost of the emergency project
through the DUs rates, the same will go through the process of
evaluation by the Commission during the next regulatory reset of
the DU, unless there is basis for a rate-reopening in the current
regulatory period in accordance with the Rules for the Setting
of Distribution Wheeling Rates (RDWR) for DUs;
6. The instant application seeks the authority of the Commission
to purchase, maintain and subsequently install an emergency
spare power transformer to avoid the necessity to constantly fle
an application for approval of emergency capital project every
time there is a breakdown of a similar power transformer in its
franchise area;
7. In any case, all emergency capital projects it implemented or
to be implemented during the current regulatory period will go
through the process of evaluation by the Commission during the
next regulatory reset in accordance with the RDWR. Hence, the
approval of the application will not have any impact on its rates;
8. On June 19, 2011, the 83 MVA Transformer Bank No. 2 of its
Meycauayan Substation was declared defective after it failed in
the Dissolved Gas Analysis (DGA), insulation, exciting current
and winding tests. It was also discovered that the transformers
phase C petticoat of the primary bushing was broken;
9. Due to the failure of the Meycauayan Substations Transformer
Bank No. 2 and to avert any widespread power interruption of
the area it serves it immediately shifted its loads to Meycauayan
Substation Transformer Bank No. 1 and the nearby Bocaue and
Bagbaguin Substations to accommodate loads;
10. This load-shifting eventually resulted in the critical loading of
Transformer Bank No.1 of the Meycauayan Substation, the 83
MVA Transformer Bank No. 1 of Bocaue Substation and the
83 MVA Transformer Bank No.1 of Bagbaguin Substation. In
addition, a higher system loss was measured as a result of the
load shifting;
11. Due to the critical loading of the above-mentioned transformers
and to avert prolonged and widespread power interruptions
in the Cities of Valenzuela, Meycauayan and Caloocan and
portions of Marilao, Bulacan, it immediately replace the defective
transformer in the Meycauayan Substation;
12. Unfortunately, there was no available spare 83 MVA power
transformer than can be used to immediately replace the
Meycauayan Substations Transformer Bank No. 2.
3
The only
compatible and accessible power transformer then was an
83 MVA power transformer originally intended for its Diliman
Substation Expansion Project, an ERC-approved capital
expenditure (CAPEX) in the third regulatory period (3RP)
designated as MER 4. Since it was yet to be installed at the
Diliman Substation at that time in order to address the immediate
situation in the Meycauayan Substation and other areas, it
used the 83 MVA power transformer for the Diliman Project and
replace the old and defective power transformer in Meycauayan
Substation. The replacement was completed on 16 August 2011.
The details of the event at the Meycauayan Substation with the
resulting transformer loading and system loss with and without
the replacement of its Transformer Bank No.2 is attached in the
instant application;
13 lt was extremely important to immediately implement and replace
the defective power transformer of the Meycauayan Substation
in order to adequately promote public interest and welfare as
power interruptions will be avoided, and customers will not be
burdened with higher line losses resulting from emergency load
shifting;
14. The Diliman Project has to be commissioned by December,
2011, or as soon as possible to address the critical loading
of the Balintawak Substation as well as the increasing power
requirements of Quezon City. The Diliman Substations new 83
MVA power transformer which was reallocated to Meycauayan
Substation and other transformers will also be addressed;
15. Under its Third (3
rd
) Regulatory Reset process
4
, without the
Diliman Project, its Diliman Substations 83 MVA Transformer
Bank No.1 and Balintawak Substations transformer banks no. 4,
5 and 6 would continue to be critically loaded. In such condition,
any outage of these power transformer banks would result in
widespread power interruption in Quezon City affecting major
establishments such as Gotesco Properties Inc., (GPI), National
Kidney Transplant Institute (NKTI), Alto Broadcasting System-
Chronicle Broadcasting Network (ABS-CBN) Broadcasting
Corporation, SM City-North EDSA and the Department of National
Defense (DND). Likewise, with these transformers loaded above
critical level, it would have diffculty in accommodating new
customer connections especially large load applications. This was
of special concern considering the onset of the summer season,
which is expected to increase the power demands, especially of
major establishments;
16. Due to the urgency to complete the Diliman Project, it was
constrained to purchase another 83 MVA power transformer
to replace the power transformer originally intended for the
Diliman Project. This 83 MVA power transformer was installed
and commissioned in the Diliman Substation on March 5, 2012;
17. The cost of the 83 MVA, 110 kV-34.5 kV-13.8 kV three-phase
power transformer with OL TC used for the Diliman Substation
Expansion Project is Sixty Million Six Hundred Seventy Nine
Thousand Seven Hundred Fourteen Pesos and Forty Centavos
(PhP61,679,714.44). The cost includes taxes, duties, brokerage,
and trucking services;
18. ln connection with these events, it now imperative to prepare for
any similar future occurrence involving any of its 83 MVA power
transformers;
19. It has one hundred seven (107) transformers currently installed
in various substations. Each of these transformers serve 50.18
MVA of demand on the average while thirty (30) have been in
service for ffteen (15) years or more. While load-shifting may
be done in case of a breakdown of any of these transformers,
the same is only a temporary solution and would not be able to
address any further contingencies;
20. Failure of any of these 83 MVA transformers should be suffciently
and speedily addressed, otherwise, it would result in sustained
power interruption to the detriment of customers as well as
commerce and vital public service. To be able to readily address
any such situation, it is necessary for it to have at least one (1) 83
MVA power transformer at any given time to readily and quickly
address contingencies requiring the immediate replacement of
any of its commissioned 83 MVA power transformers;
21. lt prays that it be allowed to maintain a spare transformer to
allow it to purchase and replenish its spare transformer once
the same has been installed and used in service. The estimated
cost of this spare power transformer is Sixty Five Million
Nine Hundred Seventy Five Thousand Five Hundred Pesos
(PhP65,975,500.00); and
22. lt respectfully prays to the Commission that its purchase and
installation of one (1) 83 MVA, 110 kV-34.5 kV-13.8 kV three-
phase power transformer with On-Load Tap Changer (OL TC)
used in the Diliman Substation, and authority to purchase,
maintain and install an emergency 83 MVA, 110 kV-34.5 kV-13.8
kV three-phase power transformer with OL TC, every time such
spare is used, be approved.
The Commission has set the instant application for jurisdictional
hearing, expository presentation, pre-trial conference and evidentiary
hearing on July 10, 2012 (Tuesday) at two oclock in the afternoon
(2:00 P.M.) at the ERC Hearing Room, 15
t
h Floor, Pacifc Center
Building, San Miguel Avenue, Pasig City.
All persons who have an interest in the subject matter of the
proceeding may become a party by fling, at least fve (5) days prior to
the initial hearing and subject to the requirements in the ERCs Rules of
Practice and Procedure, a verifed petition with the Commission giving the
docket number and title of the proceeding and stating: (1) the petitioners
name and address; (2) the nature of petitioners interest in the subject
matter of the proceeding, and the way and manner in which such interest
is affected by the issues involved in the proceeding; and (3) a statement
of the relief desired.
All other persons who may want theirs views known to the
Commission with respect to the subject matter of the proceeding may
fle their opposition to the application or comment thereon at any stage
of the proceeding before the applicant concludes the presentation of its
evidence. No particular form of opposition or comment is required, but
the document, letter or writing should contain the name and address of
such person and a concise statement of the opposition or comment and
the grounds relied upon.
All such persons who may wish to have a copy of the application may
request the applicant, prior to the date of the initial hearing, that they be
furnished with a copy of the application. The applicant is hereby directed
to furnish all those making a request with copies of the application and
its attachments, subject to reimbursement of reasonable photocopying
costs. Likewise, any such person may examine the application and other
pertinent records fled with the Commission during the usual offce hours.
WITNESS, the Honorable Chairperson, ZENAIDA G. CRUZ-DUCUT,
and the Honorable Commissioners, MARIA TERESA A.R. CASTAEDA,
JOSE C. REYES, ALFREDO J. NON, and GLORIA VICTORIA C. YAP-
TARUC, Energy Regulatory Commission, this 11
th
day of June 2012 at
Pasig City.
ATTY. FRANCIS SATURNINO C. JUAN
Executive Director III
1
An Act Granting the Manila Electric Company a Franchise to Construct, Operate and
Maintain a Distribution System for the Conveyance of Electric Power to the End-Users
in the Cities/Municipalities of Metro Manila, Bulacan, Cavite and Rizal, and Certain
Cities/Municipalities/Barangays in Batangas, Laguna, Quezon and Pampanga
2
ERC Resolution No. 26, Series of 2009
3
There was an ERC-approved spare 83 MVA power transformer in its Second (2
nd
)
Regulatory Period Final Determination. However, the same was already used
sometime in August 2010
4
ERC Case No. 2010-069-RC
(MST-June 19 & 26, 2012)
ONLY 2,000 of the 51,149 police pensioners receive their
monthly pension through the automated tellering machines
despite the fact that the National Police has been complaining of
multimillion losses as a result of ghost retirees.
Police spokesman Senior Supt. Generoso Cerbo Jr. told
reporters in a press brieng Monday at Camp Crame that the use
of ATMs would help purge the master list of pensioners and put
an end to the fraud.
Budget Secretary Florencio Abad was quoted as saiying that xers
and fake pensioners cost the police at least P250 million each year.
Cerbo said the retirees were pushing hard for the ATM pension
system to defeat xing against retirees through a memorandum
of agreement with the Land Bank of the Philippines.
Florante Solmerin
THE Department of Justice will le tax evasion charges against
the ofcers of a cardboard manufacturing company for defraud-
ing the government of several millions in taxes.
The Court of Appeals 12th division through Associate Justice
Angelita Gacutan granted the petition led by the Bureau of In-
ternal Revenue seeking to reverse the resolution issued by the
Justice department on June 17, 2010, which dismissed its tax
evasion complaint against ofcers of Chiat Sing Cardboard Corp
identied as Imelda T. Sze, Sze Kou For and Teresita A. Ng.
The appellate court stressed that the DOJ failed to consider the
importation records of Chiat Sing; the computer print-out from
the Bureau of Customs; and the audited nancial statement of
Chiat Sing on le with the Securities and Exchange Commis-
sion, which would show the companys wilful intent to misde-
clare its correct taxable base to evade payment of its liabilities.
The BIR accused Chiat Sing of underdeclaring its income in
the amount of P10.6 million in 1999 and P5.7 million in 2000
from its misdeclared importation of raw materials and underde-
clared sales of P160 million in 1999 and P113 million in 2000.
Rey Requejo
US militarys Lt. Iphigenia Morales joins the worlds largest
humanitarian mission. ERIC APOLONIO
Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com JUNE 19, 2012 TUESDAY
A4
AN EDUCATION Department order saying
students and parents may no longer turn to the
agency for announcements on the suspension
of classes due to bad weather escaped the
attention of many Filipinos when it was rst
released several weeks ago.
After all, at the time, the same students
and their parents were busy guring out
how to raise money for tuition and other
school-opening expenses.
According to the order, in the absence of
any storm signals from the weather bureau,
the determination of the suspension of
classes falls upon the local government units
that have jurisdiction over the individual
schools. Announcements are supposed to
be made no later than 4:30 am.
Schools were also mandated to
communicate well with the local
government units and announce any
suspensions as early as possible.
This change was tested Monday morning
after an evening of strong and incessant rain
all over Metro Manila brought about by the
storm Butchoy. That resulted in ooding in
many areas.
To the detriment of students and the
dismay of parents, most local governments
units failed the test.
In the early hours of Monday, just as
students were supposed to be waking up and
preparing themselves for their classes, only a
handful of schools had made announcements
that they either had or did not have classes
for the day, depending on the level of water
leading into and out of the schools.
Only the city of Malabon, long notorious
for its oods, made an early announcement
about the suspension of classes.
These days, there is no excuse for not being
able to reach out to constituents at whatever
hour of the day. There are morning shows on
various channels on local television. There
is the wide gamut of radio stations. Most
importantlyand this is how things are
different from how they were a generation
agostudents and their parents are also
online mostly through social networking sites
like Facebook and Twitter.
Many local government units and schools
have their own Twitter accounts, Facebook
pages, and even their own websites.
It is frustrating, though, that the Twitter
and Facebook accounts offered no answers to
those who sought them through the Internet.
Likewise, some LGU websites contain
old press releases. Links to the social
netorks, if any, only enabled site visitors to
like the pages of the mayoras was the
case in Caloocan City.
The websites of schools contained old
announcements and even prayers, but
there were no real time announcements.
Telephone lines were expectedly busy.
As a result, there was widespread
confusion and the same evil that the
Education Department order tried to avert
in fact took place again. Some students tried
going to school anyway, only to turn back
midway or upon arriving at the gates.
The Department of the Interior and Local
Government must be mindful of its new
task. Secretary Jesse Robredowhether or
not he is on his way out of the department
must make sure that local executives issue
prompt announcements.
Its a basic, if not mundane, challenge
that says a lot about how attuned to the
needs of their constituents our local
executives really are.
Local scrambling
The Scarborough
asco
EDITORIAL
Back to basics
THE self-rated poverty ndings
of survey entities that exist in super-
abundance are subjective perception
data that have limited usefulness for
understanding factual conditions in the
real world.
This is just one of many provocative
lines in a study paper newly released
by Dr. Gonzalo Jurado of Kalayaan
College, my former economics
professor in UP and my collaborator in
editing Beat the Odds, the rst (though
probably not the last) economic memoir
of the Arroyo presidency.
Titled Redening the National
Problem, the paper makes the
deceptively simple case that
policymakers ought to worry, not about
issues like poverty and hungerwhich
are merely symptoms of the underlying
problembut about more basic
questions that address the roots of the
problem: What causes poverty? What
can be done to x it?
***
It used to be that poverty was measured
very simplyand objectivelyby the
distance of ones household income
below some minimum threshold level
required to purchase some minimum
basket of goods deemed necessary for
survival.
Since my years in graduate
school, though, poverty has come
to be redened, not as a shortage of
commodities or access to them, but as
a shortage of capability to function.
To paraphrase Nobel prize winner
Amartya Sen, what really counts is
what a person is, or can be, and does,
or can do.
So redened, poverty becomes
susceptible to the kind of subjective
judgmentsI think I can (cannot)
function at a given levelthat Jurado
dismisses above. The state of being poor
becomes no different from the state of
being sick, about which anybody can
obviously express subjective judgments.
The problem is that asking someone
how sick he is brings you no closer to
the questions that truly count: Why are
you sick? What should be done to make
you well?
This trivialized denition of poverty,
Jurado believes, has spawned two
disturbing trends. One, advocates against
poverty become disposed towards mere
populism, a willingness to settle for
the wrong solutionsoften little else
than government handouts--provided
they please the greater majority, or the
loudest ones. And two, the poor become
dependent on those handouts, because
they are not being challenged enough to
improve their own lot.
Tackling poverty therefore starts
with redening it in an objective and
actionable way. In economies that use
money, poverty may be dened simply
as lack of income, or its insufciency.
This means the necessary solution
is to increase peoples incomenot
substitute it with handouts, or ignore
it in favor of peripheral concerns like
sustainability or quality of life.
This is something the poor themselves
know best. In survey after survey, the
major concerns of the poor boil down
to only two: jobs and prices. Jobs give
them income, prices determine what
that income can buy for them.
***
Dening the national problem in a
simple and straightforward way, i.e., as
one of low per capita incomeinstead
of in a diffused populist wayi.e., as
one of povertywill go a long way in
making possible the formulation and
implementation of solutions that are
effective and unifying.
In the formulation of those solutions,
Jurado offers some back-to-basics
reminders:
Beyond the limits of his unaided
physical abilities, a person can increase
his incomeproduce moreonly in
the presence of tools and other forms
of physical capital. This makes capital
investment an essential condition for
increasing income. But if an economy
is not saving enough (like ours, with a
savings rate less than 20%), then the
investment has to come from abroad.
This means foreign investment, i.e.
other countries savings.
Since per capita income has
population as its denominator, one school
of thought would insist on reducing that
denominator, i.e. controlling population
growth. The opposite school of thought,
however, would claim that no cause-
and-effect relationship runs from slower
(higher) population growth to higher
(slower) economic growth. Whichever
side you come down onand Jurado
makes it clear that he favors population
growth controlthe bottom line is that
population, as an issue, matters.
The national agenda thus ought
to focus on decisively assisting the
poor to reach higher levels of income
above the poverty threshold. Its a
familiar agenda: promoting investment,
generating employment opportunities
(not handouts) with more labor-intensive
and export enterprises, stabilizing
prices, resolving the population issue.
Turn to page 5
ITS heartening to note the
spontaneous applause and overall
warm response that follow Senator
Miriam Defensor Santiago wherever
she goes these days. I am sure that
even Santiago herself is pleasantly
s u r p r i s e d
whenever she
encounters the
grateful citizenry
at venues as
diverse as the
Greenhills ea
market and a
Ballet Manila
performance.
More than
any expensive
popularity survey,
the reports of
the favorable
attention that Miriam receives from
the people is a manifestation of the
verdict she asked them to hand down
when she asked: Bayan, kayo ang
humusga during the impeachment
trial of former Chief Justice Renato
Corona.
It seems that the people have
already decided and they have
ruled that Miriam was right in
calling for Coronas acquittal. Since
the verdict, by way of contrast, no
one has reported that any of the
20 senators who convicted Corona
has been applauded when he or she
appears in public.
* * *
The Aquino administration has
decided to pull out the remaining
government vessels deployed
around the disputed Scarborough
Shoal, ostensibly because of
inclement weather. If you believe
that, you probably also thought the
government in Manila removed the
Gregorio del Pilar, the stripped-
down ex-Coast Guard cutter that
passes for the Navys agship, from
the area because it needed to refuel
and take in supplies.
Like the Del Pilar, the other
recalled Philippine vessels arent
expected to return to the disputed
waters anytime soon, even if the
weather improves. The latest
pullouts, which have been hailed in
Beijing, were ordered in a belated
realization that the militarization of
the Scarborough conict initiated by
Manila was simply wrong.
Not that anyone will get
President Noynoy Aquino to
publicly admit that his policy of
escalating tensions in the South
China Sea was erroneous, even
if that is plain for all except the
most deluded Yellow fanatic to
see. Aquino has made his share
of mistakes in the past two years
that he has been in officeeven if
no one can recall him admitting to
making even one.
But the simple truth is, this
administration made a huge mistake
in escalating tensions in the disputed
territory by deploying a warship to
back up its tough talk of defending
Recto Bank like it was Recto Avenue.
When Aquino sent the Del Pilar to
supposedly arrest Chinese poachers
at Scarborough Shoal and then
sought Washingtons intervention in
the Philippines favor, it only took
tensions to the next higher levela
level from which it has now decided
to back away from.
No Philippine president has
ceded the South China Sea territory
to China or any of the other
claimant-countries, and no one
expected Aquino
to do so. But the
sad fact is that no
President except
for this one has
actually acted like
he wanted to go to
war with China
and then run away
when Beijing did
not beat a hasty
retreat.
So now, after
the Gregorio
del Pilar has set
the world record for the longest
refueling trip in naval history, the
Aquino administration is going for
the title of the most weather-averse
eet that ever set sail. And all
because this President thought hed
reinvent the diplomatic wheel in the
South China Sea and play a little
war game with our giant neighbor to
the northwest.
* * *
The asco that took place at
Scarborough Shoal was, of course,
simply the third and most severe the
perfect diplomatic storm spawned by
an administration that never seemed
to do anything right as far as relations
with the Chinese are concerned. The
ofcial incompetence and inaction
that led to the bloody hostage-
taking at the Rizal Park a couple of
months into Aquinos term and the
unwitting and long-running insult
he committed by failing to appoint
a proper ambassador to Beijing for
nearly two years both set the stage
for the epic failure in the sea.
The conuence of all these
missteps is a serious rift in our
relations with the Chinese, a
situation that may not improve as
long as Aquino is in Malacaang.
And because the Chinese know
that their relationship with their
neighbors should outlast any leader,
they will probably be willing to wait
until a more enlightened Philippine
president assumes ofce.
Its just sad that Aquino never
sought the counsel of people who
understood our long and sometimes-
tenuous relationship with the Middle
Kingdom until it was almost too
late. Or that he was so caught up in
implementing his own agenda (like
forcing the appointment of an old
family friend to the ambassadorship
in Beijing) to think about the
ramications of his actions.
The retreat in Scarborough may
never be acknowledged by Aquino as
a major failure in his administrations
judgment in the eld of diplomacy
an arcane science where a student
government certainly needed all the
wise counsel it could get. But the
Chinese (and every Filipino who has
an inkling of whats really going on)
know what really went down.
JOJO
A. ROBLES
LOWDOWN
GARY
OLIVAR
BYPASS
ROLANDO G. ESTABILLO Publisher
RAMONCHITO L. TOMELDAN Managing Editor
CHIN WONG/ RAY S. EANO Associate Editors
RALEIGH J. JALECO News Editor
JOEL P. PALACIOS City Editor
ROMEL J. MENDEZ Art Director
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Standard
TODAY
CLIMACO E. CALIWARA Controller
ANITA F. GREFAL Treasury Manager
EDITH D. ANGELES Advertising Manager
EDGAR M. VALMORIDA Circulation Manager
ROGELIO C. SALAZAR President & CEO
Aquino will never
admit that his
policy in the South
China Sea was dead
wrong.
A5 Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com
THE nomination for the exalted
position of chief justice of the
Supreme Court will end today. Thank
God for that!
In my over half a century as a
journalist, this is the rst time I have
seen us making a mockery out of the
nomination process. As of last count,
there have already been 28 names
mentionedand one of them is a
nurse.
Indeed it has become a circus.
I must emphasize that despite
the numerous nominees, we need
somebody with competence, integrity,
probity and above all, independence.
Because of this, I can only think of
one nameAssociate Justice Antonio
Carpio who should have been named
chief justice in the rst place, had
not former President Gloria Arroyo
named former Chief
Justice Renato
Corona to the post.
I know Tony well
and I believe he will
not allow himself to
be anybodys lackey.
As if it is
not enough that
President Aquino
has damaged the
Supreme Court
by personally
conducting the
demolition job
against Corona, now he wants to
install somebody he can push around.
What, then, happens to the principle
of separation of powers among the
three branches of government?
Some sectors may be wary of
having Carpio as the next chief
justice. But these fears can only
come from envious lawyers and law
ofces.
One time, I approached Carpios
co-founder of The Firm, Pancho
Villaraza, and asked whether they
could represent somebody, who had
sought my help, who had a pending
case at the Supreme Court. Pancho
turned me down because of Carpios
presence at the Supreme Court. That
is how professional The Firm is!
The bottom line is restoring the
peoples faith in the Judiciary. The
only way to achieve this is to have an
independent chief justice who is at
the same time aware of the intricacies
of this branch of government.
***
Transportation Secretary Manuel
Roxas has ordered an investigation
into the technical glitch that
occurred in the issuance of drivers
licenses.
Some sectors have in fact blamed
the Amalgamated Motors Philippines
for the glitch. This is most unfair.
I sought an explanation from
AMPI last week and I was told the
facts. The company undertook a
systems upgrade and changed its
old servers to newer servers, placed
at a very secure primary site with
an equally secure real-time remote
backup, and utilizing redundant array
of independent disk or RAID for
redundancy storage, among others.
In other words, AMPI undertook an
upgrading of its services to enhance
the issuance of drivers licenses and
make the license cards counterfeit-
proof. All these to make these
licenses up to par with international
standards.
Another cause for the minor
interruption in the production of cards
was a technical problem encountered
by the internet service provider of
AMPI. For this, AMP ofcials have
apologized not only to LTO chief
Virginia Torres but to Secretary
Roxas.
AMPI ofcials, however, debunked
claims of unauthorized issuance of
new license cards since the truth of
the matter is that AMPI has not yet
ofcially started the printing of new
cards. The new cards are still in the
testing phase. They are still open to
further revisions and modications.
AMPI emphasized that it was still
waiting for the go-
signal of the LTO.
They only print
licenses upon the
direct instruction of
LTO. In fact, apart
from the few hours
suspension due to
the glitches, drivers
licenses have been
issued nationwide at
the regular pace and
schedule. No new
licenses were ever
issued as claimed by
some sectors.
As for the upgrading of the new
license cards with more security
marks and features, AMPI assures the
public that it is using the proprietary
bimetal used in money and other
security documents to update its
services because of calls from
government and the general public
for improvements to avoid counterfeit
cards.
AMPI assured me that the new
license cards comply with ISO
7810:2003 in terms of thickness,
peel strength and improved bending
exibility. In fact, I tried bending a
prototype of the new license cards.
Most importantly, the upgrading
of the new drivers licenses will not
cost the government and the general
public a single centavo, much less
increase the cost. Soon, fake licenses
will be a thing of the past, AMPI
ofcials assured me.
The added processing time of 30
to 40 seconds is negligible compared
to the durability of the new cards.
This means that the new cards will
last longer and will not break down,
tear or fade due to being exposed to
moisture or being kept for long in the
hip pocket of a male driver.
My gulay, complaints against
AMPI actually come from rival rms
and competitors that intend to take
over the two decades-old contract of
AMPI with the government.
A ne w bidding has been stopped
through a temporary restraining
order. And that is the truth.
The truth about
drivers licenses
The Lotilla example
IT SHOULD not have surprised me -
the news that former energy secretary
Raphael Popo Lotilla declined his
nomination to the post of chief justice.
After all, I have known the man for
more than 25 years and always, all
the time, he only has the countrys
interest in mind. If there is anyone who
exemplies the ethical and effective
leader, it is Popo Lotilla.
Generations of UP Law students
know Popo as teacher and mentor.
Aside from being his student, I was
also Lotillas research assistant in the
UP College of Law in 1986 when we
helped reorganize all the departments
post-Edsa revolution and assisted in the
writing of the Administrative Code. He
brought me with him to work with then
Economic Investigation and Intelligence
Bureau (EIIB) Director Jose Almonte
(who later became the national security
adviser of President Ramos) where we
wrote the rst drafts of the Economic
Plunder Act. When I nished law
school, he was instrumental in recruiting
me into the UP Law Faculty where we
worked together, with now Supreme
Court Justice Maria Lourdes Sereno, in
establishing the Institute of International
Legal Studies of the UP Law Center.
Later, both of us joined the government
during the Ramos administration;
he was appointed Deputy Director
General of the National Economic
Development Authority while I became
undersecretary of the Department of
Environment and Natural Resources.
During these decades of professional
collaboration and personal friendship,
Lotilla has always stood out for
excellence, ethical steadfastness, and a
deep love for our country. He has also
consistently exhibited a quality that
many lawyers (including me) do not
havea deep sense of humility, a lack
of ego, always ready to make a personal
sacrice for a greater cause.
In the case of the chief justice
appointment, the greater cause is
the upholding and restoration of
an important traditionthat the
appointment of the leader of the high
tribunal must be based on seniority.
Below are excerpts from Lotillas
letter to his nominator declining the
nomination:
In the past, I took the position that
in a highly politicized context as in the
Philippines, appointment to the ofce of
the Chief Justice based on seniority is
a tradition that minimizes the jockeying
for appointment from within and
outside of the Court. I still have to be
convinced of the wisdom of departing
from that view.
Without any legal compulsion
behind it, this tradition was, in instances
few and far between, set aside. But,
time and again, its restoration has
been welcomed with relief, like a lost
valued symbol of character regained
anew. Today, we have an opportunity
to restore the traditionor completely
to overturn it. It reminds me of a story
told, apocryphal perhaps, that the much
venerated Justice Jose B.L. Reyes
who was older in age but less senior in
tenure in the Court than the respected
Roberto Concepcionwas considered
for appointment as CJ to allow him to
occupy the Courts highest position.
J.B.L., it is said, would have none of it.
The tradition of seniority has a
way of muting political ambitions and
insulates to some degree the ofce
of Chief Justice from the patronato
system. Over the long term, particularly
under future presidencies whose virtues
we are unable to anticipate at this point,
adherence to the principle of seniority
may still be our best option. Restoration
of the tradition, which is entirely of
Philippine innovation, would then shift
the national focus to the quality of every
future appointment to the Court, and
away from the position solely of the
Chief Justice. Would not this be in better
keeping with the collegial character of
the Republics Supreme Court?
I suggest that only for
overwhelming reasons, such as the
inability of the incumbent members of
the Court to redeem themselves and
the institution, should we consider
appointing from outside of the Court.
Whether these weighty considerations
exist, the appointing power can be a
better judge from the unobstructed
view of the leaders lair. But my
own individual assessment is colored
with undisguised optimism: that the
members of the Court, individually
and as a collective, have distilled
from recent experience lessons of
primordial import for rebuilding and
strengthening national institutions
including the Court itself.
Lotillas letter speaks for itself.
It is actually the best argument why
he should eventually be appointed to
the Supreme Court. Aside from the
simplicity, clarity and eloquence of
its language, the letter will forever be
remembered and cited as the exemplar
of humility, decency, wisdom, integrity,
and patriotism.
I hope President Aquino follows the
example of his mother, who consistently
upheld seniority, and rejects being
historically aligned with the damaging
practice of Presidents Ferdinand
Marcos and Gloria Macapagal Arroyo,
the only presidents that repudiated the
tradition. May he take heed and do the
right thing in restoring a tradition that
has always worked for us.
EMIL
P. JURADO
TO THE POINT
DEAN TONY
LA VIA
EAGLE EYES
By Katy Daigle
NEW DELHIWhat is a sip of clean
water worth? Is there economic value
in the shade of a tree? And how much
would you pay for a breath of fresh air?
Putting a price on a natural bounty
long taken for granted as free may
sound impossible, even ridiculous. But
after three decades on the fringes of
serious policymaking, the idea is gaining
traction, from the vividly clear waters of
the Maldives to the sober, suited reaches
of the World Bank.
As traditional measures of economic
progress like GDP are criticized for
ignoring downsides including pollution
or diminishment of resources such as
fresh water or fossil fuels, there has been
an increased urgency to arguments for a
more balanced and accurate reckoning
of costs. That is particularly so as fast-
developing nations such as India and
China jostle with rich nations for access
to those resources and insist on their own
right to pollute on a path toward growth.
Proponents of so-called green
accountinggathered in Rio de
Janeiro this week for the Rio Earth
Summithope that putting dollar values
on resources will slam the brakes on
unfettered development. A mentality
of growth at any cost is already blamed
for disasters like the chronic oods that
hit deforested Haiti or the raging sand
storms that have swept regions of China,
worsening desertication.
Environmental economists argue
that redening nature in stark monetary
terms would offer better information
for making economic and development
decisions. That, they say, would make
governments and corporations less likely
to jeopardize future stocks of natural
assets or environmental systems that
mostly unseen make the planet habitable,
from forests ltering water to the frogs
keeping swarming insects in check.
If the value of an asset like a machine
is reduced as it wears out, proponents
say, the same accounting principle should
apply to a dwindling natural resource.
Environmental arguments come
from the heart. But in todays world based
on economics its hard for arguments of
the heart to win, said Pavan Sukhdev, a
former banker now leading an ongoing
project that was proposed by the Group
of Eight industrialized nations to study
monetary values for the environment.
That study, started in 2007, has estimated
the world economy suffers roughly $2.5
trillion to $4 trillion in losses every year
due to environmental degradation. Thats
up to 7 percent of global GDP.
We need to understand what were
losing in order to save it, Sukhdev said.
You cannot manage what you do not
measure.
Using the same accounting principles,
some countries are already changing
policy.
The Maldives recently banned shing
gray reef sharks after working out that
each was worth $3,300 a year in tourism
revenue, versus $32 paid per catch.
Ugandans spared a Kampala wetland
from agricultural development after
calculating it would cost $2 million a
year to run a sewage treatment facility
the same job the swamp does for free.
But environmental accounting still faces
many detractors and obstacles. Among
them is resistance from governments who
might lack the resources and expertise
to publish a greened set of national
accounts alongside those measuring
economic growth. Particularly in the
developing world, many still struggle to
produce even traditional statistics that are
timely and credible.
And even practitioners are riven
by debates on how to put a price on
a vast range of natural resources and
systems that encapsulate everything
from pollination by bees to the erosion
prevented by mangroves in an estuary.
The single largest difculty is that
markets, which are the easiest way to
value goods and services, dont exist for
ecosystems.
Since many things dont formally
have a market price, how do you
value them? Almost all the debate
and discussion really hinges around
valuation issues, and that is where it can
get akey, said Indias former chief
statistician Pronab Sen.
At one extreme, said Sen, are people
who say natural resources should get a
zero value since we dont know how to
value them. Others argue that the values
for such resources should be innite,
meaning they cant be touched since no
one has an innite amount of money.
Opposition is also expected from
parts of the corporate world, since green
accounting could make doing business or
buying products more expensive.
A forest once valued by what its
trees fetch on the timber exchange
might instead be valued according to the
carbon dioxide it absorbs, the animals
it supports, the water it lters and the
rewood it provides. Or it could be
revalued with future generations in mind.
That might lead to higher felling fees,
pricey replanting requirements or more
expensive wood. Some might rethink the
economic benet of cutting it down.
Science would become a more
important factor in economic decision-
making.
Some businesses, however, are
embracing the idea to appeal to consumers
demanding more accountability.
Supermarkets like Britains Tesco now
offer carbon footprints on packaging
alongside calorie counts.
At a national level, green accounting
is already being embraced by some
governments, even if still in piecemeal
fashion.
India in April announced plans for
green national accounts by 2015 though
its unclear if the countrys chaotic
bureaucracy can reach that target.
Australia will soon begin taxing carbon
dioxide emissions, which Costa Rica has
been doing for a decade to fund forest
preservation.
Late last century, a team of US, Dutch
and Argentine researchers put a $33
trillion value a year on natural resources
such as water, wood and fossil fuels and
services such as a forests absorption
of carbon dioxide. The estimate is
more than double the value of the U.S.
economy, the worlds largest. While
admitting difculties and uncertainties
in their methods and calculations, the
teams report said the $33 trillion gure
was conservative.
Carbon credits, perhaps the best
known example of giving a value to
an environmental good, also illustrate
the difculties. Experts thought the
pricing of carbon credits might have
been straightforward, since emissions
are easily measured and every CO2
unit is the same. But the carbon market
wobbled wildly for years over estimates
ranging from $5 to $500 per unit.
Other resources open worlds of debate.
Waterfrozen, liquid or gas, its found
just about everywhere from vast oceans
or tropical mist to mountain glaciers
and underground aquifers. Its used
for drinking, bathing, growing plants,
processing sewage, powering hydroelectric
plants, driving weather systems and more.
So not all water is created equal.
But should one lake be worth more
than another? Does it matter if people
depend on it, or if it supports schools of
tasty sh? Should it even matter what its
used for now?
Or is it more important to consider if
it can be replenished?
Some argue such questions make it
clear that subjecting the natural world
to free market ideology is immoral and
counterproductive.
The result would be the further
privatization of essential elements of our
planet to which we all share rights and
have responsibilities, writes Hannah
Grifths from the World Development
Movement, a UK-based anti-poverty
campaigning organization, in a recent
essay for the Guardian.
Still some experts in the eld
say the world is on track to having
comprehensive green accounts within 10
to 15 years.
A crucial advance has been the
United Nations quiet adoption in April
of a framework of agreed concepts and
denitions for green accounting that can
be applied in any country. It took two
decades to develop but stops short of
valuing complex ecosystems.
The accounting is not pie in the sky
anymore, said economist Peter Bartelmus,
who led the original UN effort.
The World Bank, meanwhile, is
backing projects in Botswana, Colombia,
Costa Rica, Madagascar and the
Philippines that are looking for ways for
national accounts to include the value of
natural resources.
Doing something is better than doing
nothing. We shouldnt even aim for
perfection, either, said Sen, the former
statistician.
It is much more important to come
up with a methodology that people nd
intuitively acceptable rather than looking
for hard commercial truths. If at a gut
level people nd it fair, then I think we
can run with the idea. AP
Accounting for natural wealth
Blaming
Amalgamated
Motors for the
glitch is most
unfair.
It means redistributingnot income per sebut the assets and resources needed
to improve income opportunities, e.g. land to the landless, education for our
children, progressive taxation and regressive government spending.
***
A nal note: it was the guru of national income accounting, Simon Kuznets,
who demonstrated that income inequality (presumably also poverty) increases in
the early stages of economic development before it starts to come down in the
later stages.
What then are we to make of the table below, which shows the incidence
of poverty (as measured by government statisticians the old-fashioned way,
by income levels) under Mrs Arroyo (a notoriously growth-oriented president)
staying at an essentially at 20-21 percent throughout her term?
Two reasonable conclusions come to mind. One, all that talk about increasing
poverty under her (the self-rated kind) may be just a lot of baloney. And two:
Although she managed to achieve nearly 40 consecutive quarters of unbroken
growth, she also managed to keep the poverty incidence from rising in the process,
Kuznets notwithstanding.
But there is still room to break her record. The famed economists prediction
remains to be fullled: With growth rates high enough (7-8 percent annually by
some estimates) and consistent enough, year in and year out, we will get past the
inection point, poverty incidence will start to come down, and we will nally see
the beginning of the end of poverty.
This would be an achievement worthy of a strong-willed, well-intentioned
president like Mr. Aquinoto do better than his diminutive predecessor, not jail
her. But is he up to a challenge like that? Abangan!
Back to basics
From A4
Year 1991 2003 2006 2009
Incidence of families
(percent) 28.9 20.0 21.1 20.9
Magnitude of poor
Families (thousand) 3,293 3,671 3,856
News
ManilaStandardToday
mst.daydesk@gmail.com JUNE 19, 2012 TUESDAY
A6
Raps vs Carpio, Sereno junked

IN BRIEF
Lim awards 41 houses,
lots to Manila families
Govt nabs recruiters
offering work in Syria
Department of Fi nance
BUREAU OF CUSTOMS
PORT OF MANI L A
Customs District II-A
South Harbor, Manila
NOTI CE OF PUBLI C AUCTI ON
(MST-June 19, 2012)
Pursuant to the provisions of Section 2601 to 2610 of the Tariff and Customs Code of the Philippines, as
amended, in relation to CAO 10-2007 dated November 28, 2007 and other relevant Customs Memorandum
Orders, there will be Public Auction Sale through Sealed Bidding to be conducted by the Auction and Cargo
Disposal Division, Port of Manila on:
29 June 2012 (Friday)
Opening of sealed bids : 1:45 P.M.
Place : Auction Hall, 3
rd
Floor
Auction and Cargo Disposal Division
Port of Manila Building
Viewing of Merchandise will be available to all qualifed bidders on: June 27 & 28, 2012 (Wednesday &
Thursday)
In the event of a failed bidding, the second auction shall be conducted on the third business day following the
frst bidding, except as to perishable items/goods, which may be auctioned again on the following business day.
When at least two of the sealed bids submitted in an auction fall within ten (10%) percent of the highest bid, the
same should be above the foor price (clustering). Those in the cluster shall immediately go into an open bidding
with the highest sealed bid serving as the new foor price of the lot being sold.
Sale Lot No. 45-2012
Consignee: SEA GATE SPORE
A. P. No. 2012-060
Floor Price: Php123,146.00
More or Less 11,092 pcs. Assorted Containers, Plastic
Tray, Static Metalized Bag for Computer Accessories 1x20
REGU3183270
AS IS WHERE IS
Location: Container Yard-Asian Terminals, Inc. South Harbor
Consignee: STILLWATERS INTL
A. P. No. 2012-071
Floor Price: 56,568.10
Fifteen (15) Units Steel Cabinets 1x40 TCNU9518038
AS IS WHERE IS
Consignee: LCN TRADING
S.I. No. 2011-126
Approx. 20,000 Kgs. of Pebbles 1x20 TCKU3280312
AS IS WHERE IS
Consignee: CHINA SHIPPING
A. P. No. 2010-024
Approx. 475 cartons Assorted Signal Lamps, Auto-Mirror-Auto
Lamp, Auto-Lamp-Back Lamp 1x40CLHU9128674
AS IS WHERE IS
Consignee: COMPOSITE ENT. CORP.
A. P. No. 2012-036
Approx. 78 cartons 20pcs/carton Packaging Material Printed
Cartons with Interleaf (Ferrero Rocher) 1x20 WHLU2381139
AS IS WHERE IS
Consignee: ANLUD METAL
RECYCLING
A. P. No. 2012-017
Various Scrap Materials (rotating wire, plates, etc.)
2x40 KMTU8203492 & TTNU4032961
AS IS WHERE IS
Consignee: SPLASH
INTERNATIONAL
A. P. No. 2012-009
Approx. 177 Boxes Assorted Personal Care Products
(Sunblock, Lotion, Exfoliant) 1x20 OOLU1056510
AS IS WHERE IS
Consignee: CHINAGATE CARGO
A. P. No. 2012-014
More or Less 1,058 pcs. Particle Board (8x4 x inches)
2x20 TCKU2595254 & TCKU2418768
AS IS WHERE IS
Consignee: CAPT. RAMON RENALES
S.I. No. 2010-081
2008 Hyundai Grand Starex
Chassis No. KMJWAH7JP8U072232 Engine No. D4CB9R43649
AS IS WHERE IS
Location: Customs Security Warehouse 159
S.I. No. 2010-081
2007 Hyundai Santa Fe
Chassis No. KMHSJ81XDBU623327 Engine No. D4HBAU207039
AS IS WHERE IS
S.I. No. 2010-081
2007 Hyundai Santa Fe
Chassis No. KMHSH81WP7U179684 Engine No. D4EB7115596
AS IS WHERE IS
Consignee: PURIFICACION SANTOS
PALMA
S.I. No. 2010-007
2004 Used Honda Jazz
Chassis No. JHMGD18654S400386 Engine No. SWRA3062540
AS IS WHERE IS
Location: Asian Terminals Warehouse 1
Consignee: JAVEZOMTRADING
A.P. No. 2012-007
More or Less One Hundred Ninety Nine (199) pcs. Used
Household Appliances Fixtures & Personal Effects and One (1)
Unit Used Piano
1x40 TCNU7535519
AS IS WHERE IS
Consignee: ALPINE GIGA ENT.
S.I. No. 2008-187
Two (2) Units Used Truckhead (small) One Unit Used
Engine, One (1) Used Case Back, One (1) Used Door 1x40
FSCU6126058
AS IS WHERE IS
Consignee: NML MERCHANDISE
S.I. No. 2010-050
Approx. 40,000 kgs. Angle Bars (categorized as scrap,
substandard & unsafe for use, no DTI-Import Commodity
Clearance) (excess of SL No. 13-2011)
2x20 TGHU2515569 & TGHU2790703
AS IS WHERE IS
CONDITIONS:
1. Subject to destruction by way of cutting into non-commercial
lengths of two (2) meters by the winning bidder:
2. The winning bidder shall cause the destruction of the same
either through the facility of SASSMAPI (wherein the winning
bidder shall be required to pay a cutting fee of P1.00/kg) or
another facility at his own expense subject to monitoring of
SASSMAPI;
3. The delivery to the cutting/destruction site shall be escorted
and monitored by the representatives of the BOC, COA, DTI
and SASSMAPI .
Consignee: ORZA MARKETING
S.I. No. 2011-098
Floor Price: Php31,709,863.00
Approx. 2,065 Units Asstd Model Computer Laptops (Asus
Brand)
1x20 BMOU2628087
AS IS WHERE IS
CONDITIONS: (per NTC requirements)
1. Bidders of Imported equipment and devices shall, upon
release fromthe Bureau of Customs, submit sales and stock
report to the Commission. The Commission shall issue
NTCType Approval/Acceptance Registration Number for
each of the units imported upon payment of the required
registration fee;
2. Bidders must have NTC License Permit to Import;
3. The registration fee for indoor equipment and devices shall
be Php 100.00 per unit
Consignee: ORZA MARKETING
S.I. No. 2011-099
Floor Price: Php42,479,447.00
Approx. 1,850 Units Asstd Model Computer Laptops (Asus
Brand)
1x40 SITU4977946
AS IS WHERE IS
CONDITIONS:(per NTC requirements)
1. Bidders of Imported equipment and devices shall, upon
release fromthe Bureau of Customs, submit sales and stock
report to the Commission. The Commission shall issue
NTCType Approval/Acceptance Registration Number for
each of the units imported upon payment of the required
registration fee;
2. Bidders must have NTC License Permit to Import;
3. The registration fee for indoor equipment and devices shall
be Php 100.00 per unit
Basic Guidelines:
1. Filing/submission of all participants (whether natural or juridical) accomplished &duly notarized Bidders
Information Form, certifed true copy of Income and Business Tax Returns duly stamped and received
by the Bureau of Internal Revenue with a validated tax payment made thereon and other documents
such as ID, Community Tax Certifcate, Business Permits, Certifcate of Registration of Business
Name issued by the Department of Trade and Industry or Securities and Exchange Commission and
the above-mentioned requirements at least not later than two (2) days prior to the day of auction.
2. Payment of Php 2,000.00 Registration Fee (non-refundable).
3. Posting of a duly receipted bond in cash or managers check in an amount equivalent to 20%of the foor
price for each sale lot. The bond shall be refunded to the losing bidder after the closing of the auction.
The bond shall not, however be required when the foor price of a sale lot is less than Php 10,000.00.
4. Registration with the Chief, ACDD to be fled one (1) day before the date of actual bidding; thereafter,
registration is closed.
5. At the end of each bidding, the highest bidder shall be required to pay in cash/managers check
equivalent to ffty percent (50%) of the bid price on the spot upon announcement of the winning
bid. The remaining balance shall be paid on the succeeding business day.
6. Payment with Managers Check to the Bureau of Customs Port of Manila must be:
a. Pay to the order of the Bureau of Customs-Port of Manila
b. For the account of the winning bidder
For further details, please contact Atty. Marichelle DT. De Vera, Acting Chief, Auction and Cargo
Disposal Division, Port of Manila, Tel Nos. 528 6000 loc. 459 or 917-3331.
ATTY. ROGEL C. GATCHALIAN
District Collector
Port of Manila
Here we go again. As was the case in years past, city workers strain to clear the Marikina River of water hyacinths that usually clog water
ways in Metro Manila during the rainy season. Civil defense authorities have issued a public alert on ashoods in the metropolis, parrticularly in
low-lying areas. MANNY PALMERO
The dismissal of the complaint led
by Mayor Magdaleno Pea effectively
clears an impediment that could have
been used to disqualify Carpio and
Sereno from being considered for the
post of Chief Justice of the Supreme
Court. The two magistrates were
among the 40 nominees to the justice
post, as of press time.
In his complaint, Pea accused
Carpio of causing the issuance of a
falsied resolution, dated November
13, 2002, which suspended and stayed
the transfer of Makati Sports Club Inc.
shares from the defunct Urban Bank to
those who won them in a bidding.
He also accused Carpio of leaking a
copy of the resolution to the opposing
counsel, Manuel Singson.
On the other hand, Pea accused
Sereno of trying to protect Carpio by
refusing to inhibit herself from the
case although Carpios former law
ofce, the Villaraza Cruz Marcelo
Angangco Law Ofce, allegedly had
a role in Serenos appointment to the
SC.
But in a nine-page per curiam
decision dated June 13, 2012, the high
bench ruled that Peas charge has no
basis and the complainant also failed
to show evidence that the advance
copy secured by the opposing counsel
came from Carpio.
Besides, the record shows that the
First Division released the resolution
for dissemination on November 14,
days before Singson faxed a copy to
Pena. Moreover, it was the division
clerk of court, not Justice Carpio, who
had the duty to release decisions and
resolutions for dissemination, the
Court ruled.
In the case of Sereno, the Court held
that Penas has no extrinsic factual
evidence to support his claim and was
thus purely conjectural.
The Supreme Court ordered Peas
disbarment last month because of the
charges he raised against Carpio and
Sereno.
The controversy arose from the
bid of Pena to collect P28.5 million
in attorneys fees from the defunct
Urban Bank, predecessor of the
insolvent Export and Industry Bank
that was recently placed under
receivership by the Bangko Sentral
ng Pilipinas.
In November last year, the SC
issued a ruling penned by Justice
Sereno dismissing his claim and
awarding him only P3 million as
reimbursement for his expenses and
P1.5 million as compensation for his
services.
He then led a complaint against
Justice Carpio before the Ofce of the
Chief Justice for allegedly falsifying
the November 13, 2002 ruling of
the tribunals First Division to favor
Urban Bank.
By Rey E. Requejo
THE Supreme Court has dismissed the
administrative complaint led against Acting
Chief Justice Antonio Carpio and Associate Justice
Ma. Lourdes Sereno by the lawyer-mayor of
Pulupandan, Negros Occidental who was earlier
disbarred for violating the lawyers code of ethics.
Judge lifts arrest order
against Annabelle Rama
THE Quezon Regional Trial Court on
Monday recalled an arrest warrant on
talent manager Annabelle Rama after
her surrendered to the court for her ar-
raignment on 14 counts of libel.
QC RTC Branch 92 Judge Eleuterio
Bathan lifted the arrest order after Rama
showed up at his ofcer at around 10
a.m. The judge rescheduled her arraign-
ment on June 25 at 8:30 a.m.
The charges were led by former ac-
tress Nadia Montenegro who accused
Rama of posting defamatory remarks
against Montenegro and her two daugh-
ters in her Tweeter account.
Rio N. Araja
Report corrupt remen,
QC re chief asks public
QUEZON City Fire Marshal Superinten-
dent Bobby Baruelo on Monday asked
businessmen in the city to identify re
department personnel who ask for mon-
ey in exchange for the issuance of a Fire
Safety Inspection Certicate.
Baruelo said businessmen or building
owners should ask supposed agents of
the Bureau of Fire Protection to present
their mission orders if they arrive for an
inspection and establishments can call
the QC Fire Department to verify the
mission orders authenticity.
Jonathan Fernandez
Agency pushes through
with anti-smoking drive
DESPITE a court order suspending the
Metro Manila Development Authoritys
campaign against smoking, the agency
unveiled on Monday its smoking cessation
clinic at its headquarters in Makati City.
Chairman Francis Tolentino initially
said the clinic would be deployed to de-
pressed areas to help interested people
on how to quit smoking, but deployed
the mobile clinic in areas with the high-
est number smoking apprehensions.
Tolentino said the mobile clinic, a
converted bus, was deployed on Ortigas
Avenue and in Cubao where MMDA
personnel apprehended two security
guards in July last year. The guards later
sued and Mandaluyong City RTC Judge
Carlos Valenzuela barred the MMDA
from enforcing its drive in areas not cov-
ered by the Tobacco Regulation Act.
Rio N. Araja
By Macon Ramos-Araneta
THE City of Manila kicked off on Monday
celebrations marking the 441st anniversary
of the citys foundation on June 24 with a
parade and the distribution of home lots to
qualied Manila residents under the citys
Land for the Landless program.
Manila Mayor Alfredo Lim led city hall
ofcials and employees, all clad in colorful
costumes, in the parade that showcased the
services they extend to the public as well as
their personal talents.
Some department heads even joined the
numbers prepared by their staff to the delight
of the mayor who congratulated them.
After the program, Lim awarded home
lots to qualied residents of Manila under its
Land-for-the-Landless Program during a
simple ceremony held at the Bulwagang Vil-
legas in line with the week-long celebration
of the anniversary, called Araw ng Maynila.
Urban settlements chief Victoria Clavel
said it was the 13th time since July 2007 that
the mayor distributed home lots to deserving
beneciaries.
A total of 41 families became instant lot
owners, mostly from Tondo, Sampaloc, Pan-
dacan and Sta. Mesa.
As of yesterday, Clavel said there are al-
ready 6,694 lot beneciaries under the city
program which started in 1967. Of these,
1,449, or 21.64%, were awarded home lots
since July 2007, or after Lims reelection.
By Zara de Leon
THE government has arrested 29 illegal
recruiters who have been continuously of-
fering jobs in Syria despite a government
ban, according to Vice President Jejomar
Binay.
Binay said they have led 14 show-cause
orders against some Bureau of Immigration
personnel for their alleged involvement in
the illegal smuggling of Filipinos.
The (Department of Justice) is set to
issue formal administrative charges against
the 14, with the hearing to commence with-
in the week, Binay said. Before the end
of the month, the DOJ will also be issuing
show-cause orders to 11 additional Immi-
gration ofcers, based on the ndings in
the interventions made on the latest batch
of repatriates from Syria.
Syria remains under Crisis Alert Level
4 which the Department of Foreign Affairs
declared in December last year due to the
economic situation.
Earlier, the Philippine Labor Attache to
Damascus Angel Borja reported that despite
the government deployment ban, there are
still an estimated 100 new Filipino workers
who arrive in Syria every month.
Binay, who is also Presidential Adviser
on OFW Concerns, called on all Filipino
workers overseas not to seek employment in
Syria.
He reiterated that there is no stable job
in Syria and that the political and economic
condition remains unstable and is continu-
ously deteriorating.
I am asking our [countrymen], for their
own safety, not to accept any employment
offers in Syria. Your lives are not worth any
amount of money that you may potentially
earn there, he said. I am appealing to all
our [countrymen] who are planning to work
abroad, to please go through the proper legal
channels to avoid becoming victims.
Under Alert level 4, there is still con-
tinuing mandatory repatriation of Filipino
nationals from Syria and the government
so far repatriated 1,531 Filipino workers
based there. Out of 1,531, only 179 were
documented.
There are still 1,375 more Filipino
workers in Syria and are under the process
of repatriation, out of a total of 3,053 re-
patriation applicants.
Based on the Philippine embassy in Damas-
cus, the repatriation program has recorded a
total of 6,942 Filipinos who are in Syria.
IN BRIEF
Forum tackles Olympics
Paintings presented to PSC
PHILIPPINE Chef De Mission to the
London Olympics Manny Lopez and
Philippine National Shooting Association
president Mikee Romero share the
spotlight in todays edition of the weekly
Philippine Sportswriters Association
Forum at Shakeys, UN Avenue.
With less than two months before the
greatest show on Earth nally unravels,
Lopez is expected to apprise sportswriters
on the training and preparation being
done by Filipino athletes for the July 27
to Aug. 12 meet.
Romero headlines the opening part of
the session aired live over DZSR Sports
Radio 918 and presented by Smart, the
Philippine Amusement and Gaming
Corporation and Shakeys.
The shooting president is coming along
with Filipino medalists in the recent
Southeast Asia Shooting Association
championship, led by gold medal winner
Eric Ang. They will be joined, too, by
PNSA secretary general Col. Nil Gamboa.
PSA president Rey Bancod of Tempo
enjoins members to attend the session
that starts at 10:30 a.m.
FILIPINA oil painter Claireyenne
Malanyaon-Leuterio, who distinguished
herself abroad with a series of paintings
she did on boxing icon Manny Pacquiao, is
giving back to her country this time around.
The 36-year old Leuterio, who started
a series of painting on Pacquiao in
2009, nished her work on ve Chinese
athletes and has presented them to the
PSC yesterday as a gesture of peace and
goodwill with China.
This is the best thing I can do for my
country, to make a major contribution,
being a sports artist, said Leuterio
after she made her presentation for PSC
chairman Richie Garcia.
The paintings, which depict Chinese
athletes who saw action in the Beijing
Olympics, featured triathlete Liu Xiang,
diver Guo Jing Jing, snooker star Ding
Jun Hui, soccer player Zheng Zhi and
badminton star Lin Din.
he presentation was done in support
of a memorandum of understanding for
sports which the Philippines did with
China and Russia. Peter Atencio
A7 Sports Riera U. Mallari, Editor
ManilaStandardToday
sports_mstandard@yahoo.com
He was up against a pair of major
champions. He was at The Olympic Club,
where the wrong guy always wins a US Open.
Simpson should have known now how
this would end.
He did his part with four birdies in a ve-
hole stretch around the turn, and a tough par
from the collar of the 18
th
green for a 2-under
68. It was enough to capture his rst major
when Furyk bogeyed two of his last three
holes, and McDowell couldnt recover from a
bad start and too many tee shots in the rough.
Simpson wins his 1
st
major
AN FRANCISCOWebb Simpson refused to
think of himself as a US Open champion until he sat
with his nervous wife in a quiet corner of the locker
room Sunday, staring in disbelief at a television as
Jim Furyk and Graeme McDowell tried to catch him.
Heat too much for Thunder
WILL this be the year that LeBron
James nally lives up to his promise to
deliver multiple titles in South Beach?
It certainly looks that way.
The man they call The King had 29
points and 14 rebounds as his Miami
Heat posted a 2-1 lead in the National
Basketball Association Finals with a
91-85 victory over the Oklahoma City
Thunder Monday morning. Dwyane
Wade added 25 points, seven rebounds
and seven assists for the Heat.
Of course, its interesting to note that
the Heat were in this very same position
last year after three games as they led
the eventual NBA champion Dallas
Mavericks, 2-1. Last year the Heat froze
after that and lost three consecutive
games to yield the NBA crown to the
Dirk Nowitzki-led Mavericks.
As they say, I have no dog in this
ght. My favorite Boston Celtics
were actually eliminated in seven
brutal games by the Heat in Eastern
Conference nals. If anything, I would
be rooting against the Heat. But there
seems to be an air of inevitability to the
Heat winning another NBA crown this
year.
James looks to have ofcially
hardened into a closer in the category
of a Michael Jordan or at least a Kobe
Bryant when he all but carried the Heat
on his shoulders past the Celtics. But
more importantly the Heat seem to
be using the sting of last years NBA
Finals loss as fuel in their drive to the
REUEL VIDAL
SPORTS CENTER
HAIYANG, ChinaFor the
second straight day, the Phil-
ippine dragon boat team set-
tled the for silver medal Mon-
day, unable to overcome the
power and imposing cadence
of Indonesia in the thrilling -
nale of the 200-meter, 10-man
crew race at the third Asian
Beach Games.
As was the case in the
500-meter event that the
Indonesians won over the
Filipinos by mere fractions
of a second, the Asian Games
champions held their best
for a nal stretch move and
prevail in 43.458 seconds
against the PHs 43.992 and
bronze medallist Chinas
45.076.
With a take-off that was
less than ideal, the Filipinos
managed to keep pace with
the Indonesians stroke for
stroke, but faded in the last
20 meters, failing to match
their qualifying time of
43.183, which would have
been enough to nail the
rst-ever gold medal of the
Philippines in this biennial
tournament.
It was clear that our boys
gave their best. Anyway, we
have one more chance to
reach our ultimate goal, said
both Chef de Mission Chippy
Espiritu and National Olympic
Committee Representative
Joey Romasanta referring
to the last endurance race of
3,000-meters set for Tuesday
morning.
Philippine Olympic
Committee President Jose
Cojuangco Jr., here attending
the Executive Council
Meeting of the Olympic
Council of Asia as Special
Adviser to OCA President
Sheik Ahmed Al Sabah, was
proudest of the spectators
having conrmed that the
new national dragon boat
team is well within world-
class status.
I reiterate my crusade
to give our athletes proper
nutrition and maintain
solid preparations for
international competitions
such as this. I am very
happy that under our watch
the athletes-to-medal ratio
in international meets have
been kept at a very high
rate, Cojuangco said.
PH paddlers settle for 2
nd
silver medal
THE countrys fastest drivers wind up
their title journey as the 2012 Philippine
Drag Racing Championships season
culminates with the championship round
of the Northern Series this Saturday at
the Clark International Speedway.
It will be a tight battle among multi-
titled champ Jonathan Tiu, William Hand
and teener Arvin Millet for the coveted
crown of this event sanctioned by the
Automobile Association Philippines and
sponsored by GT Radial, HKS Motor
Oil, M&H Race Master, Yokohama and
powered by Racing Beat@Wave 89.1.
Tiu currently leads the Quick 8
division as he also ranks second in the
M&H Super Pro class with 16 points,
following his big win last month.
Hand, despite missing action in the
third leg, remains at the top of the M&H
Super Pro class enjoying a 10-point edge
over Tiu with 25 points.
Millet, the youngest competitor at
19, won two of the past three Northern
series races to control the top spot of the
Pro division with 30 points against three
H3 Motorsports drivers Edison Cayco
whos second overall with 16 points and
Bong Hilario and John Kalaw, who share
third place with 11 points apiece.
This championship round is equally
important as total points earned in the
Northern Series will be added to total
points garnered in the Southern Series
for the National Series crown.
And for the Golden Wheel Drag Racing
Driver of the Year, the Pro division serves
as the main basis, while a certain percentage
of points earned in the Quick 8 class will be
added for the nal tabulation to determine the
recipient of the prestigious plum.
Defending champion Martin Manalo,
who recently bagged the Southern Series
crown, has not won any race at the Clark
International Speedway earning only two
points so far in this series and this may
have a big effect on his bid for a back-to-
back Drag Racing Driver of the Year.
Though out of contention for the Northern
crown, Manalo may play the spoiler for
the top three contenders as he faces a must
win situation in the Pro division to boost his
chances for the national crown.
The Cayco brothersEdwin and
Edisonare still in strong contention
and may pull title upsets if they win their
respective classes.
Edwin Cayco is third overall in the
M&H Super Pro class with 15 points
behind Hand and Tiu and a victory in this
leg could steer him to the championship if
Hand fails to show up or make it to the top
three and Tiu loses the nal showdown.
Drag racers go all out in final leg
Aboitiz
Power
Tour set
THREE unique races await
cyclists from different sports
clubs and parts of the nation
as the second Aboitiz Power
Tour of Subic res off on
July 7 and 8 at the Subic Bay
Freeport.
Set to take place on the rst
day of action is Stage 1, which
is composed of a 40-kilometer
time trial that begins at
Causeway Road stretching out
to two turnaround points at
Subic International Raceway
and at Argonaut Highway
before returning. Stage 2 will
be a 45-minute, 2-lap criterium
for female racers (2 p.m.),
Category 4 racers (3 p.m.) and
Category 3 racers (4 p.m.).
On the second day of the
event sponsored by Aboitiz
Power, Unilab Active Health,
Pocari Sweat, TIMEX, the
third District of Bohol, Crystal
Clear Mineral Water, Subic
Holiday Villas, Orbea, Corima
and Bike King, Stage 3 will
have a 90-kilometer road race
for Female, Category 3 and
Category 4 entries, which will
begin at 6 a.m., stretching from
the Freeport up to the turning
point located near the Bataan
Nuclear Power Plant.
Entry fee for the event is
pegged at P1,200 per stage for
participants.
For more inquiries, interested
parties may contact Bike King
by sending email at raulm4@
yahoo.com or call 856-3362.
championship this year.
We carry that pain with us. We
think about it every day and that really
helps us to succeed in this series, said
Heat center Chris Bosh in a published
report.
Last year, James shirked the
responsibility of taking charge during
the end game. This year, he seems to
welcome the challenge as he rose to the
occassion not just to eliminate the Celtics
but also to power the Heat to back-to-
back victories and the series lead.
Just trying to make plays. I told you
guys, last year I didnt make enough
game-changing plays, and thats what I
kind of pride myself on. I didnt do that
last year in the nals. Im just trying
to make game-changing plays, and
whatever it takes for our team to win,
just trying to step up in key moments
and be there for my teammates, said
James in the same published report.
Even Dwayne Wade said he believed
the Heat had matured and benetted
from their bitter experience last year
when they lost to the Mavs.
Last year I dont know if we was
experienced enough as a unit to deal
with what came at us. I just feel like we
understand the situations more and we
can deal with it better, Wade said.
Oh, and James is not the only guy
stepping up. Even their coach Eric
Spoelstra seems to be on the ball and
not about to let anyone outcoach him
like Rick Carlisle did last year.
Oklahoma City seemed on the way
to victory when the Thunder posted a
10-point advantage halfway through
the third period. But Spoelstra caught a
few breaks with Kevin Durant going to
the bench on foul trouble and Russell
Westbrook playing out of control and
also going to the bench because his
coach Scott Brooks wanted him to
settle down.
Adversity builds character and this is
certainly true in sports where aspirants
routinely have to pass through a
crucible before becoming worthy of the
mantle of champions.
Lebron James has gone through his
crucible during all those frustrating
years with the Cleveland Cavaliers and
the bitter disappointment against the
Mavericks last year.
James certainly seems ready to
ascend to the NBA throne and win his
rst NBA title this year.
* * *
If you want to nd out how I sound
like please tune in to the two-time KBP
Best Sports Program on the radio, MBC
Sports Center, in our new time slot 1
to 2 p.m., every Sunday, over the no.
1 radio network in Asia, dzRH, 666 on
your AM dial.
The same program is simulcast on
RHTV over Channel 25 on Sun Cable
and Channel 9 on Cable Link. Sports
Center can be followed live from
anywhere in the world through the
Internet on http://dzrh.tripod.com and
http://dzrh.prepys.com.
For comments, questions and non-
violent reactions please, send your
e-mail to reuelvidal@ymail.com.
Oh, wow, Simpson said when
McDowells 25-foot birdie putt to force
a playoff stayed left of the cup.
Simpson emerged from a fog-lled
nal round as a US Open champion,
and he put two more names into the
graveyard of champions.
I never really wrapped my mind around
winning, said Simpson, who nished at
1-over 281 to win in only his fth time at a
major. This place is so demanding, and so
all I was really concerned about was keeping
the ball in front of me and making pars.
Olympic is known as the graveyard
of champions because proven major
winners who were poised to win the
US OpenBen Hogan, Arnold Palmer,
Tom Watson and Payne Stewartall
lost out to the underdog.
Perhaps it was only tting that the
25-year-old Simpson went to Wake
Forest on an Arnold Palmer scholarship.
Arnold has been so good to me,
Simpson said. Just the other day, I read
that story and thought about it. Hes
meant so much to me and Wake Forest.
Hopefully, I can get a little back for him
and make him smile. AP
Huey, Lipsky fall short
FIL-AMERICAN Treat Huey came up
with one of his best nishes last Sunday,
making it to the mens doubles nals
of the 2012 Gerry Weber Open Tennis
Championships in Halle, Germany.
The world no. 39-ranked Huey, with
American teammate Scott Lipsky, made
it to the nals after they hurdled the
Michael Kohlmann and Florian Mayers
of the Netherland Antilles, 7-6 (2), 6-4.
They then faced the top seeded duo
of Aisam Ul-Haq Qureshi and Jean
Julien Rojer, who then beat them, 6-3,
6-4. Peter Atencio
Southwoods
hosts P2.5m
PH Golf Tour
MANILA Southwoods gets
the chance to host big-time
golf again as it stages one of
the ve P2.5 million events
lined up on the International
Container Terminal Services
Inc. Philippine Golf Tour
this yearthe ICTSI Manila
Southwoods, which unwraps
June 27 at the hazard-laden
Masters Course.
Two-leg winner Miguel
Tabuena is expected to lead
another banner eld chasing
the top P450,000 purse in the
four-day championship at the
Jack Nicklaus-designed layout
in Carmona, Cavite, which
used to host the Philippine
Open and has been a regular
venue of the Asian Tour.
The event is the second of the
ve multi-million tournaments
on the ICTSI-PGT calendar
with Elmer Salvador ruling
the rst at ICTSI Sherwood
last April where he beat Tony
Lascuna by three.
The other P2.5 million,
four-day championships in the
circuit organized by Pilipinas
Golf Tournaments, Inc. and
sponsored by International
Container Terminals Services,
Inc., are the Aboitiz Invitational
on Aug. 8 to 11 at Cebu Country
Club, the ICTSI Orchard Golf
Championship on Sept. 4 to 7
at the Orchard in Dasmarias,
Cavite and the season-
ending ICTSI Wack Wack
Championship on Nov. 27 to 30
at Wack Wack.
Epic win. Malunggai Life
Oil running team nished
remarkably with other
teams in the Epic Relay
250, the longest marathon
in the Philippines. The
Life Oil team, represented
by the elite group of
Philippine Air Force
nished second in the all
men category for 21 hours
and 44 minutes of the
supposed 40-hour running
race. The Epic Relay is a 250
kilometer, 10- member
team run through some of
the most beautiful scenery
and historical landmarks
of North Luzon. Beginning
in Subic Bay to the small
communities of Zambales,
to the hilly terrain of
historical Bataan to the
breathtaking uphill climb
of Mt. Samat, Bataan and
back, the Epic Relay is an
adventure at its nest. Life
Oils participation is part
of its corporate mission
to promote health and
wellness in the country.
A8
Stockinger puts PH on racing map
FILIPINO-SWISS racer Marlon
Stockinger of the Status Grand
Prix team made history with a
landmark win at the second race
of the prestigious 2012 Grand
Prix 3 series held at Monte Carlo,
Monaco.
Winning the said Monaco
Grand Prix support race made
Stockinger the rst driver from
the Philippines to hear his
nations Lupang Hinirang anthem
on a European race podium.
Stockinger remained composed
throughout the dramatic race,
despite being under serious
pressure from Carlin driver
Antonio Felix da Costa, who
came in close second.
Having the fastest lap was
good not only because of the
extra points it garnered; it also
showed that I was capable of
staying in the lead throughout the
entire race, said the young racer.
With the milestone achievement,
Stockinger successfully continued
to put the Philippines on the global
racing map.
Its incredible to nally have
garnered my rst GP3 win. This
is denitely a dream come true,
he said. To stand on the podium
steps in Monaco, where top racers
like Ayrton Senna once stood, is
mind-blowing. The team did a
great job. I couldnt have done it
without those guys.
The GP3 series continues with
another support race in Valencia,
Spain, for the European Grand Prix.
For updates on Marlon
Stckinger and his journey
to Formula One, visit http://
www. marl onst ocki nger. com
or join the Marlon Stckinger
Facebook fan page at http://www.
facebook.com/pages/Marlon-
Stockinger/394105152801, or
follow Marlon on Twitter at http://
www.twitter.com/imstockinger.
Sports
Manila Standard TODAY
sports@manilastandardtoday.com sports_mstandard@yahoo.com Riera U. Mallari, Editor
LOTTO RESULTS
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MIAMIIts there every day for
LeBron James and the Heatthe sting
of last years NBA Finals loss.
Two more wins and it will be a
distant memory.
James had 29 points and 14
rebounds, and the Miami Heat took
a 2-1 lead in the NBA Finals with a
91-85 victory over the Oklahoma
City Thunder on Sunday night.
Dwyane Wade had 25 points,
seven rebounds and seven assists
for the Heat, who were in this same
position through three games last
year, then didnt win again against
the Dallas Mavericks.
We carry that pain with us, the
Heats Chris Bosh said. We think
about it every day and that really
helps us to succeed in this series.
James poor performance was
part of the problem then, but
he seems on top of his game
this time. His 3-pointer sent the
Heat to the fourth quarter with
the lead, and he scored ve
straight Miami points when the
Heat were building just enough
cushion to hold off another late
urry by the Thunder.
Just trying to make plays,
James said. I told you guys, last
year I didnt make enough game-
changing plays, and thats what I
kind of pride myself on. I didnt
PANAAD Stadium in Bacolod
City may serve as the venue of
the Long Teng Cup this year.
The Philippine Football
Federation is strongly consid-
ering this as the Rizal Memo-
rial Football Stadium may
not be ready by the time the
Philippines hosts a four-nation
soccerfest from Oct. 3 to 7.
This is because the Philip-
pine Sports Commission has
not yet signed a memoran-
dum of understanding with the
PFF, which seeks a 25-year
lease on the Manila venue.
The PFF seeks to put up
an articial turn at the Rizal
Memorial pitch, with the use
of FIFA Goal program fund-
ing amounting to $250,000.
The PSC is still seeking
the advise of the Department
of Justice before they can
sign an MOU with the PFF.
PFF president Nonong Ara-
neta said they may have to
decide to bring the Long Teng
Cup to Bacolod since the City
of Smiles is more feasible in
terms of nancial requirements.
Araneta said they have already
communicated with Chinese
Taipei, Macau and Hong Kong,
telling them that they are willing
to host the Long Teng Cup.
Meanwhile, the Philippine
national under-22 football team
banked on goals by Jinggoy Val-
mayor and Jeffrey Christiaens to
turn back host squad Kasem Bun-
dit University FC, 2-0, at the Kas-
em Bundit University football
stadium in Bangkok, Thailand.
The win came after the
Philippines fell in a 1-5 loss
to Cambodia in a friendly
in Phnom Penh last week.
The two friendlies are part of
the teams preparation for the
Asian Football Confederation
U-22 Asian Cup qualiers slat-
ed on June 23 to July 3 in Yan-
gon, Myanmar. Peter Atencio
Bacolods Panaad to host Long Teng Cup
do that last year in the nals.
Im just trying to make game-
changing plays, and whatever it
takes for our team to win, just
trying to step up in key moments
and be there for my teammates.
Game 4 is Tuesday night.
Kevin Durant had 25 points for
the Thunder, but picked up his fourth
foul in the third quarter and had to go
to the bench when they had seemed
to have control of the game.
It was frustrating, Durant said.
Of course we had a good lead and
they came back and made some
shots. We fouled shooters on the
3-point line twice. Its a tough break
for us, man. You know, I hate sitting
on the bench, especially with fouls.
The Heat survived their own
fourth-quarter sloppiness - nine
turnovers - by getting enough big
plays from their Big Three.
James scored 30 and 32 points
in the rst two games, his two best
nals performances. He fell just
shy of another 30-point effort but
reached his 20 points for the 20th
time this postseason, two shy of
Wades franchise record set in 2006.
Gone is the player who seemed
so tentative down the stretch last
year in his second nals failure.
Hes constantly on the attack
now, all while defending Durant
in key situations.
He was great. Hes been great
for us all playoffs, Heat forward
Udonis Haslem said. I dont
know if he looks up at the clock
or score sheet, but he knows
when we need him to make big
plays and come through for us,
and he comes through.
Bosh had 10 points and 11
rebounds for the Heat, who can win
a second title by winning the next
two games at home. Thats what
they did in 2006, one of just two
home teams to sweep the middle
three games in the 2-3-2 format.
They seemed out of it when
Oklahoma City opened a
10-point lead midway through
the third. But then Durant picked
up his fourth foul with 5:41 left
on Wades baseline drive, though
there appeared to be little or no
contact. Thunder coach Scott
Brooks decided to sit Russell
Westbrook with him, and the
Heat charged into the lead by the
end of the period. AP
Guiao
likes what
he sees
By Jeric Lopez

IS Rain or Shine nally coming
of age?
Elasto Painters coach Yeng
Guiao strongly believes that his
red-hot team is nally maturing
as a team and realizing its full
potential.
Approaching the homestretch
of the 2012 Philippine Basketball
Association Governors Cup
elimination round, Guiao nds
his team sitting at the top of the
heap at 6-1 and is already headed
to the seminals.
More importantly, what Guiao
is seeing now is something that
he has long yearned for from his
teampoise and composure.
Most of the Elasto Painters
six wins thus far were from
close games.
Were really happy were
winning close ones this
conference. Were now able to
remain focused and play through
the pressure, unlike before. The
guys are maturing and are able
to close out hard games. said
Guiao. Handling a young team,
any coach would be happy.
After starting the conference at
4-0, the franchises best start, Rain
or Shine suffered its rst defeat
against Powerade two weeks ago.
But instead of crumbling down, it
quickly got back up and racked up
two straight wins against Meralco
and Barako Bull to secure its entry
to the next round and keep its grip
on the top spot with only two
games left before the playoffs.
I am happy with how were
handling every pressure so far.
Were not winning easy games,
were winning hard games. That
rst defeat made us better as it
sent us back to reality and were
responding well. Thats what we
need to do if we want to contend
in the seminals or nals.
By Peter Atencio
THE University of Perpetual
Help Altas have high hopes that
they will do well in the coming
88
th
season of the National
Collegiate Athletic Association
mens basketball tournament.
New coach Aric del Rosario
said this as the collegiate basketball
season gets going this Saturday.
Del Rosario, who took
over Jim Gican this year,
brings with him a wealth of
experience he gained when
the University of Santo Tomas
Tigers won titles from 1993 to
1996 in the University Athletic
Association of the Philippines.
After sitting out the pre-
season tournaments and letting
his son Lester handle the team,
coach Aric is set to help the
Altas improve on their ninth-
place nish last season.
Del Rosario is the third
coach to handle the Altas in
three years. Boris Aldeguer
resigned a week before the
start of 87
th
season.
Ang sabi ko sa team,
kailangan ay hindi tayo kulelat
ngayong season na ito, said
Del Rosario.
The Altas, who nished with
a 5-13 slate last season, will
address their biggest handicap
height. They will parade a set of
new players, including Nigerian
center Adefemi Babayemi.
Babayemi will complement the
core of the Altas, which includes
six veterans. Among those coming
back are Jet Vidal Chrisper
Elopre, Jaycee Asuncion, Harold
Arboleda, Justine Alano and
Scottie Thompson.
High hopes
for Altas five
Heat rally past Thunder
NBA FINALS
91
85
Heat lead series, 2-1
Controversy good for
boxing, says Garcia
By Ronnie Nathanielsz
FORMER world champion
and the trainer of reigning
World Boxing Organization
super bantamweight champion
Nonito Donaire said that the
controversy generated by the
widely condemned split-
decision win by Timothy
Bradley over Manny
Pacquiao last June
9 is good for
everybody.
It was a great
ght, a very
exciting ght and
its good because
controversy will
make you either
watch the ght
again. It sells a lot,
its good for promotion,
good for the ghters, good for
everybody, said Garcia told the
Manila Standard in a stand that
ran counter to the overwhelming
sentiment that the sport of boxing
is dying because of the bum
decision by the judges.
The verdict even sparked a
review by the World Boxing
Organization and a request
by Top Rank promoter for an
investigation by the Nevada
State Attorney General.
It gets us a chance to see
another great ght. Timothy
Bradley ghts like a warrior. I
think Pacquiao looked really
good and a lot better than his
previous ghts (against Shane
Mosley and Juan Manuel
Marquez). He was in top shape
and it was just a great ght, said
Garcia.
Donaires trainer added: I
was there watching it live and
I thought Pacquiao won, but I
havent seen it on TV with no
sound and maybe its something
different. But all I know, it was
very exciting to watch the ght
and all I know is Im looking
forward to them ghting again.
Meanwhile, WBO super ban-
tamweight champion Donaire
sparred 12 rounds with two tall
sparring partners and looked
good.
Miami Heats LeBron James leaves Oklahoma City Thunders Kendrick Perkins behind for a shot in Game 3 of their teams NBA Finals basketball
series on Sunday in Miami. The Heat won, 91-85. AP
Sports diplomacy. Members of the Philippines and China dragon-
boat squads exude high spirits as they celebrate their silver and bronze
medals following the 200-meter, 10-man crew race nal of the Asian
Beach Games. The event was won by Indonesia. Story on A7
Fil-Swiss Marlon Stockinger lifts his trophy at the winner's podium.
Business
B1
Ray S. Eano, Editor mst_biz@manilastandardtoday.com
Roderick T. dela Cruz, Assistant Editor extrastory2000@gmail.com
IN BRIEF
PSE COMPOSITE INDEX
Closing June 18, 2012
5,050.41
119.78
5200
4460
3720
2980
2240
1500
1200
PESO-DOLLAR RATE
40
42
44
46
48
P42.260
CLOSE
Closing JUNE 18, 2012
VOLUME 782.200M
HIGH P42.100 LOW P42.260 AVERAGE P42.161
Villar firm joins BPO business
POLAR Property Holdings Corp., a
property company controlled by the family
of Senator Manuel Villar, will go into
the development of ofce space for the
business process outsourcing industry to
complement its retailing operations.
Stockholders of Polar Property and Manuela Corp., also controlled
by Villar, approved the consolidation of the two companies Friday
through a share-swap transaction and an
increase in Polar Propertys authorized capital
stock from P5.5 billion to P17 billion.
The stockholders endorsed the issuance of shares
out of the same capital increase as consideration
for the acquisition of a 98-percent equity interest
in Manuela by Polar Property.
The stockholders also approved the change
in name of the company to Starmalls Inc.
Villar assumed the position
of chairman of the board of the
company. Also elected to the board
were Jerry Navarette, president
and chief executive; Anant
Asavabhokhin, Frances Rosalie
Coloma, chief nancial ofcer,
treasurer and chief information
ofcer; Manuel Paolo Villar;
and independent directors Joel
Bodegon and Carolina Mejias.
Asavabhokhin is the president and
chief executive of Land & Houses
Public Co. Ltd., a public company
listed in the Stock Exchange of
Thailand, which holds a minority
interest in Polar Property.
The corporate move is expected
to make the renamed Starmalls
Inc. a major player in the retailing
business and provide it a takeoff
point to compete in the ofce
space leasing business, primarily
for the booming BPO industry.
Manuela opened its rst
shopping mall in Las Pias City
in 1979 and three other malls
between 1982 and 1996: Starmall
Las Pias Annex, Starmall Edsa
in Mandaluyong and Starmall
Alabang in Muntinlupa.
Manuela underwent corporate
rehabilitation following the
Asian nancial crisis in the late
1990s. The company, whose
management was taken over
by the Villar family in 2008,
emerged from rehabilitation early
this year.
In April 2012, or less than three
months after the termination of its
rehabilitation program, Manuela
opened its newest mall, Starmall
San Jose del Monte, a three-level
structure with gross oor area of
35,700 square meters and the rst
shopping complex in the biggest
city in Bulacan. Julito G. Rada
Bid terms
for 4 barges
reviewed
ENERGY Secretary Jose Rene Almendras
ordered Power Sector Assets and Liabilities
Management Corp. to review the terms of
reference for the re-bidding of the four
power barges that government plans to
auction again in September.
Almendras said most of the bidders were
not happy with the transfer of the barges be
moved to Mindanao as a condition to the
sale.
I asked PSALM to review. I have a big
problem on the bidders reaction that the
reason they decided not to bid was because
we were going to require them to move to
Mindanao. Apparently, some of the bidders
are afraid to go to Mindanao. They rather
not get involved in Mindanao..., the energy
ofcial said.
Almendras said the government still wants
the barges moved to Mindanao because of
the power shortfall in the region.
I think the price will be affected because
of that consideration. Were going to make it
more attractive to convince them to move in
Mindanao, he said.
PSALM, the governments privatization
arm in the power sector, aims to re-bid Power
Barge Nos. 101 to 104 by September.
Alena Mae S. Flores
Govt reopens FTI auction
THE government will reopen the bidding
for the sprawling Food Terminal Inc. complex
in Taguig City this month, after years of delay
and three failed auctions, the Privatization
Management Ofce announced Monday.
We intend to publish the invitation to bid
notice by next week, at the latest, PMO chief
Karen Singson said in a statement.
The government-owned FTI complex,
located 2.4 kilometers north of the Bicutan
Interchanges, is a 103-hectare agro-industrial
hub that catered to more than 300 companies
engaged in different industries by providing
industrial and commercial lots for medium- to
long-term leases.
Singson, however, said of the 103-hectare
commercial estate, only 74 hectares would
be opened for auction with the remaining lots
to be retained by the government for other
purposes.
The government will study its options for
the unprivatized special economic zone area
located within the FTI Complex, including
the utilization of the same by the Department
of Agriculture for food-sufciency projects,
Singson said. Maria Bernadette Lunas
Car imports rise 27%
IMPORTED car sales increased 27 percent
year-on-year in the rst ve months, led by
strong demand for new models of sedans,
the Association of Vehicle Importers and
Distributors said Monday.
The group said members sold 12,887
vehicles in the January-May period, up from
10,151 units sold a year ago. Sales in May
alone rose 11 percent to 2,255 units from 2,032
units a year earlier.
Sales in the passenger car segment surged
77 percent to 8,004 vehicles in the rst ve
months from 4,528 units sold during the same
period last year. Top three sellers in the ve-
month period were Hyundai Asia Resources
Inc., the Covenant Car Co. Inc. and Motor
Image Pilipinas Inc.
Avid kicks off this third quarter with
favorable sales performance, riding high
on the sustained positive consumer outlook
bolstered by a buoyant economic and business
landscape, Avid president Ma. Fe Perez-
Agudo said in a statement. Julito G. Rada
Business
ManilaStandardToday
extrastory2000@gmail.com; mst_biz@manilastandardtoday.com
B2
Tablet talk
BSP cuts reserve,
surplus forecasts
52 Weeks Previous % Net Foreign (Peso)
High Low STOCKS Close High Low Close Change Volume Trade/Buying
MST BUSINESS DAILY STOCKS REVIEW
MONDAY, JUNE 18, 2012
M
S
T
FINANCIAL
70.00 46.00 Banco de Oro Unibank Inc. 61.05 63.50 61.60 62.95 3.11 2,305,140 16,924,782.50
76.80 50.00 Bank of PI 68.60 70.35 69.10 70.00 2.04 1,401,720 65,518,729.50
1.82 0.69 Bankard, Inc. 0.70 0.70 0.70 0.70 0.00 100,000
512.00 370.00 China Bank 555.00 559.00 554.00 554.00 (0.18) 41,900 (8,139,335.00)
23.90 12.50 COL Financial 23.20 23.35 23.20 23.35 0.65 101,500 2,320.00
Eastwest Bank 18.60 18.98 18.66 18.92 1.72 372,200 1,193,638.00
22.00 7.56 Filipino Fund Inc. 9.42 9.45 9.43 9.45 0.32 900
80.00 40.00 First Metro Inv. 68.00 68.00 68.00 68.00 0.00 160
3.26 1.91 I-Remit Inc. 2.37 2.36 2.30 2.36 (0.42) 25,000
29.00 3.00 Maybank ATR KE 38.15 39.20 38.15 38.15 0.00 6,800
93.50 60.00 Metrobank 88.45 90.00 89.00 89.85 1.58 2,035,410 105,511,400.50
3.06 1.30 Natl Reinsurance Corp. 2.05 2.03 2.03 2.03 (0.98) 2,000
16.85 41.00 Phil. National Bank 71.50 71.50 70.50 70.60 (1.26) 176,010 175,155.00
85.00 57.70 Phil. Savings Bank 82.00 82.00 82.00 82.00 0.00 850
539.00 204.80 PSE Inc. 350.00 351.00 349.80 349.80 (0.06) 60
44.40 25.45 RCBC À 43.00 43.00 42.75 43.00 0.00 961,900.00 6,660,700.00
151.50 77.00 Security Bank 136.00 139.50 137.00 139.50 2.57 339,180 (5,249,732.00)
1390.00 950.00 Sun Life Financial 900.00 902.00 900.00 900.00 0.00 150
140.00 58.00 Union Bank 104.00 103.50 100.00 101.00 (2.88) 195,060 (2,153,920.00)
2.06 1.43 Vantage Equities 1.78 1.82 1.78 1.78 0.00 2,270,000
INDUSTRIAL
35.50 26.50 Aboitiz Power Corp. 31.80 33.10 32.50 32.75 2.99 5,645,800 8,871,540.00
13.58 7.32 Agrinurture Inc. 8.95 9.26 8.94 8.99 0.45 1,450
23.50 11.98 Alaska Milk Corp. 19.00 19.00 19.00 19.00 0.00 100
1.86 0.97 Alliance Tuna Intl Inc. 1.38 1.40 1.38 1.40 1.45 574,000 (169,400.00)
54.90 26.00 Alphaland Corp. 28.95 28.70 28.00 28.65 (1.04) 4,600
1.65 1.08 Alsons Cons. 1.28 1.29 1.28 1.29 0.78 14,000
Asiabest Group 21.90 23.00 21.80 22.85 4.34 53,500
102.80 3.02 Bloomberry 8.25 8.40 8.30 8.33 0.97 1,768,600 (12,572,039.00)
2.88 2.24 Calapan Venture 2.68 2.78 2.60 2.60 (2.99) 29,000
3.07 2.30 Chemrez Technologies Inc. 2.45 2.55 2.45 2.55 4.08 186,000
8.33 7.41 Cirtek Holdings (Chips) 9.25 9.50 9.01 9.45 2.16 63,300
7.06 4.83 Energy Devt. Corp. (EDC) 5.88 6.09 5.91 6.06 3.06 42,834,400 69,272,306.00
6.28 2.80 EEI 6.08 6.23 6.10 6.21 2.14 896,800 (2,748,146.00)
25.00 5.80 Federal Chemicals 10.00 10.50 10.00 10.50 5.00 13,000
15.58 12.50 First Gen Corp. 16.16 16.86 16.20 16.78 3.84 11,503,100 11,325,738.00
67.20 51.50 First Holdings A 69.30 71.40 69.60 71.40 3.03 568,130 2,113,440.00
31.50 22.50 Ginebra San Miguel Inc. 20.90 21.00 20.50 21.00 0.48 5,500
0.10 0.0095 Greenergy 0.0130 0.0140 0.0130 0.0130 0.00 14,600,000
13.50 7.80 Holcim Philippines Inc. 11.10 11.40 11.00 11.30 1.80 88,300
9.00 4.71 Integ. Micro-Electronics 3.90 4.00 3.80 4.00 2.56 185,000 40,000.00
2.35 0.95 Ionics Inc 0.770 0.770 0.750 0.750 (2.60) 268,000
120.00 80.00 Jollibee Foods Corp. 101.20 105.50 10.35 105.00 3.75 776,290 (13,678,019.00)
8.40 1.04 LMG Chemicals 1.55 1.58 1.46 1.49 (3.87) 436,000
3.20 1.05 Manchester Intl. A 1.66 2.18 1.85 1.85 11.45 12,000
3.19 1.08 Manchester Intl. B 1.93 1.93 1.65 1.65 (14.51) 6,000
24.70 17.94 Manila Water Co. Inc. 23.00 24.00 23.65 23.95 4.13 2,153,000 (26,913,940.00)
6.95 0.75 Mariwasa MFG. Inc. 2.63 2.65 2.65 2.65 0.76 3,000
15.30 8.12 Megawide 16.92 17.60 17.00 17.48 3.31 116,300
295.00 215.00 Mla. Elect. Co À 238.00 242.00 235.00 240.00 0.84 22,720 14,797,314.00
3.00 1.96 Pepsi-Cola Products Phil. 2.71 2.75 2.70 2.72 0.37 774,000 305,520.00
17.40 9.70 Petron Corporation 10.00 10.18 10.00 10.18 1.80 986,300 (7,047,778.00)
15.24 9.01 Phoenix Petroleum Phils. 8.09 8.28 8.20 8.20 1.36 59,700 (12,300.00)
9.50 5.25 Republic Cement À 8.50 8.48 8.42 8.42 (0.94) 3,100
2.55 1.01 RFM Corporation 2.92 2.99 2.90 2.92 0.00 1,607,000 1,719,920.00
33.00 27.70 San Miguel Brewery Inc. 29.00 29.00 28.90 29.00 0.00 2,200 (2,900.00)
132.60 105.70 San Miguel Corp À 114.00 114.30 113.30 114.30 0.26 202,070 10,783,306.00
1.90 1.25 Seacem 1.75 1.77 1.72 1.77 1.14 340,000
2.50 1.85 Splash Corporation 1.85 1.84 1.84 1.84 (0.54) 50,000
0.250 0.112 Swift Foods, Inc. 0.127 0.129 0.126 0.129 1.57 470,000 (46,440.00)
5.46 2.92 Tanduay Holdings 3.89 4.21 3.90 4.20 7.97 2,870,000 1,610,200.00
1.41 0.90 Trans-Asia Oil 1.21 1.22 1.20 1.22 0.83 294,000
68.00 36.20 Universal Robina 58.50 61.60 60.50 61.00 4.27 8,303,680 (144,271,901.00)
Victorias Milling 1.49 1.58 1.48 1.52 2.01 2,427,000 24,000.00
1.12 0.285 Vitarich Corp. 0.690 0.700 0.690 0.700 1.45 107,000
18.00 2.55 Vivant Corp. 10.98 11.98 10.50 11.98 9.11 7,300 (7,350.00)
1.22 0.68 Vulcan Indl. 0.91 0.90 0.90 0.90 (1.10) 12,000
HOLDING FIRMS
1.18 0.65 Abacus Cons. À 0.69 0.70 0.70 0.70 1.45 203,000
59.90 35.50 Aboitiz Equity 45.00 47.75 46.50 47.75 6.11 4,627,400 (38,658,040.00)
0.019 0.014 Alcorn Gold Res. 0.0160 0.0160 0.0150 0.0150 (6.25) 11,600,000
13.48 8.00 Alliance Global Inc. 11.40 11.68 11.50 11.60 1.75 19,471,400 (94,739,942.00)
4.60 3.00 Anscor À 4.55 4.60 4.60 4.60 1.10 5,000 23,000
6.98 0.260 Asia Amalgamated A 5.05 5.40 5.15 5.25 3.96 158,500 (5,150.00)
437.00 272.00 Ayala Corp À 447.00 461.00 448.00 455.80 1.97 287,120 60,947,182.00
59.45 30.50 DMCI Holdings 54.90 55.70 53.50 55.00 0.18 2,879,200 (24,574,238.50)
5.25 3.30 Filinvest Dev. Corp. 3.95 4.00 3.94 3.96 0.25 154,000
GT Capital 482.00 499.60 482.20 496.20 2.95 247,570 (12,135,352.00)
34.80 19.00 JG Summit Holdings 33.00 33.30 32.90 33.15 0.45 1,541,800 (22,043,300.00)
6.95 4.00 Lopez Holdings Corp. 5.94 5.88 5.75 5.85 (1.52) 2,609,900 806,270.00
1.54 0.61 Lodestar Invt. Holdg.Corp. 1.05 1.07 1.05 1.07 1.90 2,000
0.91 0.300 Mabuhay Holdings À 0.425 0.390 0.390 0.390 (8.24) 700,000
3.82 1.500 Marcventures Hldgs., Inc. 2.46 2.53 2.43 2.46 0.00 1,080,000 (583,720.00)
4.45 2.56 Metro Pacic Inv. Corp. 3.92 4.11 4.08 4.08 4.08 14,766,000 (3,129,920.00)
6.24 2.10 Minerales Industrias Corp. 4.75 4.83 4.70 4.83 1.68 80,000
4.72 1.22 MJCI Investments Inc. 5.59 4.50 4.50 4.50 (19.50) 5,000
0.0770 0.054 Pacica À 0.0450 0.0450 0.0450 0.0450 0.00 1,500,000
2.20 1.42 Prime Media Hldg 1.350 1.500 1.350 1.400 3.70 90,000
0.82 0.44 Prime Orion 0.440 0.430 0.420 0.430 (2.27) 700,000
4.10 1.56 Republic Glass A 2.10 2.10 2.10 2.10 0.00 612,000
0.490 0.285 Sinophil Corp. 0.320 0.320 0.300 0.315 (1.56) 3,430,000
699.00 450.00 SM Investments Inc. 689.50 700.00 690.00 696.50 1.02 355,340 25,426,605.00
1.78 1.00 Solid Group Inc. 1.31 1.34 1.34 1.34 2.29 50,000
1.57 1.14 South China Res. Inc. 1.18 1.19 1.18 1.18 0.00 64,000
0.620 0.056 Wellex Industries 0.3450 0.3650 0.3400 0.3450 0.00 1,790,000 327,250.00
1.370 0.178 Zeus Holdings 0.500 0.520 0.500 0.520 4.00 351,000
P R O P E R T Y
39.00 11.00 Anchor Land Holdings Inc. 39.45 42.00 39.50 42.00 6.46 5,600 (50,400.00)
2.82 1.70 A. Brown Co., Inc. 2.57 2.70 2.70 2.70 5.06 10,000
0.218 0.150 Arthaland Corp. 0.164 0.164 0.164 0.164 0.00 220,000
22.40 13.36 Ayala Land `B 21.90 22.00 21.70 21.80 (0.46) 8,400,700 22,482,795.00
6.12 3.08 Belle Corp. À 4.62 4.77 4.62 4.66 0.87 151,000 (310,180.00)
9.00 2.26 Cebu Holdings 5.62 5.90 5.62 5.63 0.18 138,900
5.66 0.26 Century Property 1.45 1.45 1.42 1.43 (1.38) 777,000
2.85 1.20 City & Land Dev. 2.48 2.65 2.48 2.65 6.85 236,000
1.16 0.67 Cyber Bay Corp. 0.79 0.78 0.78 0.78 (1.27) 25,000
0.90 0.54 Empire East Land 0.690 0.710 0.690 0.710 2.90 769,000
3.06 1.76 Global-Estate 1.70 1.70 1.67 1.70 0.00 4,906,000 (3,740,150.00)
1.35 0.98 Filinvest Land,Inc. 1.19 1.24 1.20 1.23 3.36 36,538,000 (5,811,690.00)
2.14 0.65 Interport À 1.06 1.11 1.11 1.11 4.72 20,000
2.48 1.51 Megaworld Corp. 1.97 2.00 1.96 1.98 0.51 44,508,000 (12,746,550.00)
0.80 0.215 MRC Allied Ind. 0.1810 0.1870 0.1820 0.1870 3.31 290,000 (3,700.00)
0.990 0.072 Phil. Estates Corp. 0.6800 0.7000 0.6800 0.6900 1.47 1,923,000 (69,000.00)
38.10 12.50 Phil. Tob. Flue Cur & Redry 14.58 15.00 15.00 15.00 2.88 500
4.77 1.80 Polar Property Holdings 3.97 4.15 3.97 4.00 0.76 207,000
18.86 10.00 Robinsons Land `B 16.00 16.80 16.68 16.78 4.88 1,838,600 4,396,874.00
Rockwell 3.08 3.16 3.10 3.10 0.65 66,000
2.70 1.74 Shang Properties Inc. 2.45 2.46 2.46 2.46 0.41 5,000
9.47 6.50 SM Development À 6.29 6.29 6.11 6.14 (2.38) 3,690,300 (686,224.00)
18.20 10.90 SM Prime Holdings 12.10 13.16 12.42 13.14 8.60 11,209,300 58,031,806.00
1.14 0.64 Sta. Lucia Land Inc. 0.68 0.68 0.68 0.68 0.00 76,000
0.80 0.45 Suntrust Home Dev. Inc. 0.510 0.540 0.510 0.540 5.88 130,000
4.30 2.60 Vista Land & Lifescapes 3.970 4.080 3.950 4.060 2.27 13,232,000 (4,120,920.00)
S E R V I C E S
43.00 28.60 ABS-CBN 34.90 35.50 35.50 35.50 1.72 300
14.76 1.60 Acesite Hotel 14.30 15.10 14.30 14.66 2.52 235,800 29,100.00
0.80 0.45 APC Group, Inc. 0.690 0.680 0.680 0.680 (1.45) 100,000 68,000.00
9.30 7.30 Asian Terminals Inc. 8.60 8.99 8.99 8.99 4.53 1,000
0.5300 0.0660 Boulevard Holdings 0.1410 0.1450 0.1400 0.1400 (0.71) 15,000,000 70,500.00
Calata Corp. 9.95 12.34 10.50 12.40 24.62 23,812,100 (3,866,910.00)
98.15 62.50 Cebu Air Inc. (5J) 62.00 64.90 62.95 63.00 1.61 1,510,260 (8,706,866.00)
9.70 5.40 DFNN Inc. 6.65 6.95 6.66 6.86 3.16 868,600 (412,746.00)
1270.00 825.00 Globe Telecom 1000.00 1060.00 1005.00 1040.00 4.00 106,945 (753,875.00)
10.34 6.18 GMA Network Inc. 10.00 10.16 9.93 10.14 1.40 475,900
69.00 43.40 I.C.T.S.I. 68.00 72.55 69.50 72.50 6.62 1,303,070 4,854,595.50
0.98 0.34 Information Capital Tech. 0.435 0.450 0.410 0.440 1.15 610,000
6.00 4.00 IPeople Inc. À 5.25 5.40 5.40 5.40 2.86 5,000
4.29 2.20 IP Converge 4.21 4.37 4.20 4.29 1.90 574,000
34.50 0.123 IP E-Game Ventures Inc. 0.045 0.046 0.042 0.044 (2.22) 199,800,000 13,000.00
3.87 1.16 IPVG Corp. 1.05 1.05 1.04 1.05 0.00 243,000
5.1900 2.900 ISM Communications 2.5500 2.6500 2.5500 2.6500 3.92 2,000 (2,550.00)
3.79 1.58 JTH Davies Holdings Inc. 2.50 3.08 2.65 2.84 13.60 1,168,000 464,780.00
11.68 5.90 Leisure & Resorts 6.50 6.50 6.45 6.45 (0.77) 127,700
4.28 2.65 Liberty Telecom 2.78 2.78 2.70 2.78 0.00 45,000
3.96 2.70 Macroasia Corp. 2.80 2.85 2.80 2.80 0.00 8,000
0.84 0.57 Manila Bulletin 0.68 0.68 0.66 0.66 (2.94) 109,000
3.00 1.00 Manila Jockey 2.10 2.14 2.12 2.13 1.43 403,000
9.60 6.50 Metro Pacic Tollways 7.00 7.00 7.00 7.00 0.00 100
21.00 17.20 Pacic Online Sys. Corp. 20.00 21.40 20.50 21.00 5.00 116,200
8.58 4.50 PAL Holdings Inc. 7.20 7.23 7.08 7.18 (0.28) 25,500
3.32 1.05 Paxys Inc. 2.86 2.90 2.86 2.90 1.40 104,000
60.00 17.02 Phil. Seven Corp. 42.00 42.00 42.00 42.00 0.00 295,800 12,390,000.00
17.18 14.50 Philweb.Com Inc. 14.02 14.90 14.70 14.70 4.85 211,900 (585,190.00)
2886.00 2096.00 PLDT Common 2360.00 2402.00 2360.00 2376.00 0.68 236,350 17,232,670.00
0.48 0.23 PremiereHorizon 0.315 0.320 0.315 0.320 1.59 6,540,000
23.75 10.68 Puregold 24.95 25.80 25.20 25.70 3.01 785,200 (1,696,640.00)
Touch Solutions 3.80 3.80 3.80 3.80 0.00 1,000
3.30 2.40 Transpacic Broadcast 2.70 2.53 2.53 2.53 (6.30) 100,000
MINING & OIL
0.0083 0.0036 Abra Mining 0.0039 0.0040 0.0040 0.0040 2.56 10,000,000 40,000.00
6.20 3.01 Apex À 4.84 4.78 4.65 4.65 (3.93) 501,000
6.22 3.00 Apex `B 4.82 4.75 4.75 4.75 (1.45) 20,000
25.20 14.50 Atlas Cons. À 17.18 17.40 17.16 17.16 (0.12) 902,900 (284,500.00)
31.00 20.00 Atok-Big Wedge À 29.90 29.95 29.90 29.95 0.17 1,700 (50,865.00)
0.380 0.148 Basic Energy Corp. 0.245 0.250 0.240 0.250 2.04 580,000
30.35 15.00 Benguet Corp À 22.50 22.00 22.00 22.00 (2.22) 9,000
34.00 14.50 Benguet Corp `B 22.20 22.10 22.00 22.00 (0.90) 16,000
2.51 1.62 Century Peak Metals Hldgs 1.40 1.41 1.38 1.41 0.71 154,000
50.85 4.35 Dizon 30.05 30.80 30.45 30.50 1.50 126,400 61,000.00
1.21 0.50 Geograce Res. Phil. Inc. 0.68 0.70 0.68 0.68 0.00 2,322,000
1.82 0.5900 Lepanto À 1.380 1.400 1.350 1.400 1.45 26,840,000
2.070 0.6700 Lepanto `B 1.450 1.480 1.430 1.470 1.38 10,683,000 6,619,360.00
0.085 0.035 Manila Mining À 0.0650 0.0670 0.0640 0.0670 3.08 17,890,000
0.087 0.035 Manila Mining `B 0.0650 0.0650 0.0650 0.0650 0.00 38,150,000 (650,000.00)
34.80 15.04 Nickelasia 31.35 31.65 30.45 31.60 0.80 321,700 2,912,065.00
12.76 2.08 Nihao Mineral Resources 8.47 8.95 8.48 8.55 0.94 120,200
8.40 2.12 Oriental Peninsula Res. 5.040 5.140 5.050 5.090 0.99 952,700
0.032 0.012 Oriental Pet. À 0.0160 0.0180 0.0170 0.0180 12.50 640,700,000
0.033 0.013 Oriental Pet. `B 0.0170 0.0121 0.0190 0.0210 23.53 52,500,000 (2,000.00)
7.14 5.10 Petroenergy Res. Corp. 6.30 6.00 5.95 5.95 (5.56) 39,000
28.95 17.08 Philex À 22.50 24.00 23.00 23.70 5.33 1,767,800 (3,276,060.00)
14.18 3.00 PhilexPetroleum 36.00 39.00 36.25 39.00 8.33 965,600 3,026,675.00
0.058 0.013 Philodrill Corp. À 0.042 0.049 0.042 0.049 16.67 1,696,400,000 (4,404,000.00)
252.00 161.10 Semirara Corp. 200.00 216.00 208.00 216.00 8.00 468,660 2,107,988.00
0.029 0.013 United Paragon 0.0180 0.0190 0.0170 0.0190 5.56 13,400,000
PREFERRED
47.90 27.30 ABS-CBN Holdings Corp. 33.00 33.00 32.00 33.00 0.00 658,000 (2,411,150.00)
570.00 520.00 Ayala Corp. Pref À 544.00 544.00 544.00 544.00 0.00 180
First Gen G 100.90 102.50 100.90 102.50 1.59 24,000
11.02 6.00 GMA Holdings Inc. 10.00 10.00 9.90 9.92 (0.80) 2,129,000 (7,877,365.00)
116.70 106.20 PCOR-Preferred 111.10 111.20 110.00 110.00 (0.99) 40,150
80.00 74.50 SMC Preferred 1 75.50 76.00 75.60 75.60 0.13 9,900
1050.00 990.00 SMPFC Preferred 1017.00 1025.00 1022.00 1022.00 0.49 6,385,000
6.00 0.87 Swift Pref 1.04 1.10 1.10 1.10 5.77 50,000
WARRANTS & BONDS
1.35 0.62 Megaworld Corp. Warrants 0.98 1.02 0.99 1.02 4.08 453,000
TRADI NG SUMMARY
SHARES VALUE
FINANCIAL 1,0336,941 584,060,393.3
INDUSTRIAL 101,694,505 1,469,499,041.28
HOLDING FIRMS 70,429,777 1,289,073,449.785
PROPERTY 129,839,877 583,612,317.08
SERVICES 257,754,053 1,2921,42,671.24
MINING & OIL 2,516,104,249 365,637,976.684
GRAND TOTAL 3,086,159,402 5,584,025,849.365
FINANCIAL 1,270.59 (UP) 20.33
INDUSTRIAL 7,682.8 (UP) 187.85
HOLDING FIRMS 4,343.7 (UP) 92.67
PROPERTY 1,8983.88 (UP) 42.81
SERVICES 1,620.58 (UP) 31.69
MINING & OIL 24,373.92 (UP) 806.23
PSEI 5,050.41 (UP) 119.78
All Shares Index 3,356.71 (UP) 60.74
Gainers: 122; Losers: 39; Unchanged:28; Total: 189
CHIN WONG
DIGITAL LIFE
Virgin coconut oil
exports climb 138%
PRCI
readies
property
venture
THERES been a lot of speculation about the major
announcement that Microsoft is supposed to be
making today (about 5:30 a.m. Tuesday, Manila
time).
Early talk focused on the possibility that the
software giant would announce a Microsoft-branded
tablet computer running its new Windows 8 operating
system to give Apples iPad a run for its money.
The Web site The Wrap, quoting an unnamed
insider, reported that the company would
manufacture its own tablet computer, marking a
departure from its longstanding policy of selling
software to hardware partners such as Dell, HP, Acer
and Lenovo.
All Things D added that it had heard the same
rumors, and observed that if these were true,
Microsoft would be able for the rst time to match
the tight integration between hardware and software
that Apple has enjoyed on its devices, particularly its
popular iPad tablet.
But introducing its own tablet would also put the
company in direct conict with its own hardware
partners, which sell a lot of Windows-based personal
computers, the Web site added.
As announcement day approached, the rumors
morphed.
In jumping the gun, the Wrap and All Things D were
somewhat right but mostly wrong, TechCrunch said.
TechCrunch and CNET said the new tablet would
not be a general-purpose iPad competitor after all, but
an e-reader and streaming video device developed in
conjunction with Barnes & Noble.
The two companies announced a strategic
partnership in late April with Microsoft investing
$300 million into the joint business dubbed Newco
for a 17.6 percent stake and Barnes and Noble owning
82.4 percent.
Another source said Xbox Live streaming would be
available on the new device, emphasizing its focus on
entertainment.
Mashable observed that Microsoft recently showed
off a new technology called SmartGlass that allows
users to push content from their televisions to their
phones or tablets, and visa versa. SmartGlass could
play a role in todays announcement, bringing Xbox
live-streaming capabilities to the device, the Web site
added.
CNET, for its part, said the updated rumors suggest
Microsofts new tablet would be aimed at Amazons
Kindle Fire rather than Apples iPad.
Amid the hype and speculation, VentureBeat, a
Web site about technology, money and innovation,
offered a refreshing dose of reality in a piece entitled
Microsofts big announcement: Loser + Loser =
Winner?
Lets be honest: Windows on a tablet is, at the
moment, a loser. Currently, Windows is a tiny,
insignicant slice of the tablet market. Theres hope
in Redmond, and maybe even belief, that this will
change soon, but no-one else is holding their breath,
writes John Koetsier on VB.
A second moment of honesty: Barnes & Noble is a
loser. We all know its chief competitorthe one named
after warrior women tough enough to saw off a boob
so they could kill their enemies with greater efciency.
And yeah, Amazon is exactly that tough... Amazon
is worth almost a hundred billion dollars; Barnes &
Noble under a billion. Amazon had over $50 billion in
revenue in the last twelve months; Barnes & Nobel just
over seven. Amazons revenue per employee is triple
Barnes & Nobles the list goes on.
Koetsiers premise is simple yet obvious and
compelling. Pairing an unpopular and as-yet-unproven
operating system with a failing and marginal content
partner is not exactly a recipe for success, he says.
He does make allowances for the attraction of
streaming content as a wild card and the prospect
that the new device will replace, not just the iPad but
your TV as something interesting.
Still, the skeptic in me agrees with one reader who
expressed exasperation at the inordinate attention
being paid to speculation about what will most likely
be another tangential, me-too product in a technology
segment I care little about, from a company that makes
nothing that I need to use.
Tablets may be the fastest-growing segment of the
industry, but nobody not even Apple has come up yet
with a touch-screen device that will replace my trusty
notebook computer. And if that ever happens, chances
are it wont involve a device that features a dumbed-
down interface of colorful rectangles that make me
feel like Ive slipped back into kindergarten.
Column archives and blog at:
http://www.chinwong.com
By Lailany P. Gomez
THE Bangko Sentral has lowered its
balance of payments surplus and gross
international reserve forecasts this year
amid the economic uncertainties in Europe
and the US.
Bangko Sentral Governor
Amando Tetangco Jr. said on
Monday monetary authorities cut
the GIR projection to a range of
$77.5 billion to $78 billion from
an earlier estimate of $79 billion.
Projection for the balance
of payments surplus was also
trimmed to $2.6 billion from an
earlier assumption of $2.8 billion.
The revisions took into
account the latest gures, actual
gures. So, [these are] the
prospects for the future given the
developments that are taking place
in Europe as well as the United
States, Tetangco told reporters
at the sidelines of the Philippine
Financial Market Forum organized
by the Asset Magazine and the
Financial Executives Institute of
the Philippines Monday.
There has been a slight
decrease in the BoP surplus
projected for the year. But its
still a surplus notwithstanding
the difculties that are facing the
global economy at this point in
time, he added.
Tetangco, however, claried
the revised projections would
be reviewed again in the fourth
quarter to assess the latest
developments.
We will review this again
towards the latter part of the year,
and consider the developments
that we see today up to that
period and evaluate whether this
will necessitate changes in the
projections, Tetangco said.
Tetangco, meanwhile, noted
that the nancial markets have
welcomed the Greek political
parties decision to support a
bailout for the country.
By Othel V. Campos
VIRGIN coconut oil exports surged
138 percent to $7.56 million in the
rst quarter from $3.17 million a
year ago, the Philippine Coconut
Authority reported Monday.
If this trend continues
throughout the year, then we
see revenues [from all coconut
exports] surpassing last years
total revenue of $2 billion, PCA
administrator Euclides Forbes
said in an interview.
Coconut oil shipments also
grew 93.6 percent in terms of
volume to 1,719.2 metric tons
in the January-March period
from 888.1 MT during the same
period last year.
The Philippines ships coconut
oil to 27 countries in Asia,
Europe and North America.
Shipments to France recorded
the highest growth of 1,011
percent in terms of value to
$76,000 and 663 percent in terms
of volume to 16.48 MT.
Other countries that also posted
substantial increase in coconut
oil orders from the Philippines
are Taiwan, Finland, Hong Kong,
Bermuda, Malaysia, New Zealand,
the United States and Germany.
By Julito G. Rada
PHILIPPINE Racing Club Inc.
expects its property development
venture with Ayala Land Inc. in
Makati City to take off in the
next two to three years.
With property development
riding high in the countrys
central business districts, and
the PRCI property being the last
big piece of property in Makati,
there is quite a high degree of
optimism in the success of this
undertaking, PRCI chairman
Santiago Cua said during the
annual stockholders meeting at
Saddle and Clubs Leisure Park
in Naic, Cavite Monday.
Cua told Manila Standard
it would take about 10 years
to complete the whole project
involving a 21-hectare property
at the inner portion of Pasong
Tamo in Makati.
PRCI and Ayala Land signed
an agreement in February 2011
to jointly develop the property
into a mixed-use complex with
recreational, entertainment,
commercial, retail, ofce and
residential components.
Under the agreement,
PRCI will contribute the
entire property to the joint
development project while ALI
will undertake the development
itself. The partners will share
the revenues from the project.
Cua said their diversication
to property development came
at an opportune time because
PRCIs core business of horse
racing continued the nearly at
trend in betting turnover.
Manila
Standard
TODAY
CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK
REPUBLIC OF THE PHILIPPINES
REGIONAL TRIAL COURT
NATIONAL CAPITAL REGION
BRANCH 37, MANILA
PHILIPPINE TRUST COMPANY
Plaintiff,
-versus- CIVIL CASE NO. 11-126799
HIGHMARK INTERNATIONAL
MARKETING CORP., ET AL.,
Defendants.
x---------------------------------------------x
ORDER
Acting on the motion for Leave of Court to Effect Service of Summonses by Publi-
cation fled by the plaintiff on the ground that defendants are no longer residing at their
given addresses as shown by the Sheriffs Return and despite diligent efforts their
whereabouts cannot be ascertained, said motion is GRANTED.
WHEREFORE, let a copy of the complaint and the summons be published in a
newspaper of general circulation in the Philippines at the expense of plaintiff.
SO ORDERED. Given in open court.
Manila, March 2, 2012.
(SGD.) VIRGILIO V. MACARAIG
Presiding Judge
National Capital Region
Manila
Branch 37
CIVIL CASE NO. 11-126799
PHILIPPINE TRUST COMPANY,
(also known as Philtrust Bank),
Plaintiff,
-versus- SUMMONS
(by publication)
MARKETING CORPORATION,
OLIVER C. PAVON, JEANICE C.
PAVON, and KENNETH C. PAVON,
Defendants.
x---------------------------------------------x
TO:
Highmark International Marketing Corporation
Oliver C. Pavon
Jeanice C. Pavon
Kenneth C. Pavon
GREETINGS:
You are hereby required within sixty (60) days from publication of this Summons
to fle with this Court and serve on the Plaintiff your Answer to the Complaint, copy of
which is published herewith.
You are reminded of the provision of the IBP-OCA Memorandum on Policy Guide-
lines dated March 12, 2002 to observe restraint in flling a Motion to Dismiss and in-
stead allege the grounds thereof as defenses in the Answer. If you fail to answer within
the time fxed, the Plaintiff will take judgment by default and may be granted the relief
applied for in the Complaint.
WITNESS my hand under the seal of the Court, this 8
th
day of March, 2012.
(SGD.) ATTY. JENNIFER C. BUENDIA
Clerk of Court

(SGD.) By: ATTY. GUYLA A. VISTA
Branch Clerk of Court
National Capital Judicial Region
Branch 37, Manila
PHILIPPINE TRUST COMPANY,
(also known as Philtrust Bank),
Plaintiff,
-versus- Civil Case No.11126799
For: Sum of Money with prayer for
writ of preliminary attachment
MARKETING CORPORATION,
OLIVER C. PAVON, JEANICE C.
PAVON, and KENNETH C. PAVON,
Defendants.
x- - - - - - - - - - - - - - - - - - - - - - - - - - x
COMPLAINT
PLAINTIFF, by counsel, to this Honorable Court most respectfully states, THAT:
I
THE PARTIES
1. Plaintiff, PHILIPPINE TRUST COMPANY, also known as
PHILTRUST BANK, is a domestic universal banking corporation duly organized
and existing under and by virtue of the laws of the Republic of the Philippines,
with principal offce address at Philtrust Bank Building, United Nations Avenue,
corner San Marcelino Street, Manila, where it may be served with notices and
other court processes. It is represented in this action by its duly authorized
representative and Senior Vice-President, Atty. Martin B. Isidro, whose authority
is embodied in the Secretarys Certifcate dated November 02, 2011, a copy of
which is hereto attached as Annex A and is made an integral part hereof.
2. Defendant HIGHMARK INTERNATIONAL MARKETING
CORPORATION (Defendant HIGHMARK for brevity), is a domestic corporation,
organized and existing under and by virtue of the laws of the Republic of the
Philippines, with address at No. 13 Ekonomiya Street, Bagumbayan, Quezon City.

3. Defendant OLIVER C. PAVON (Defendant Oliver for brevity) is of
legal age and with last known residential address at No. 13 Carrot Street, Valle Verde
V, Pasig City. He is the Executive Vice-President/Director of Defendant HIGHMARK
and holds offce at the aforementioned address of Defendant HIGHMARK.
4. Defendant JEANICE C. PAVON (Defendant Jeanice for brevity) is of
legal age and with last known residential address at No. 13 Carrot Street, Valle
Verde V, Pasig City. She is the Senior Vice President for Finance of Defendant
HIGHMARK and similarly holds offce at the latters address at No. 13 Ekonomiya
Street, Bagumbayan, Quezon City.
5. Defendant KENNETH C. PAVON (Defendant Kenneth for brevity) is
also of legal age and with last known residential address at No. 13 Carrot Street,
Valle Verde V, Pasig City.
6. Defendants HIGHMARK, Oliver, Jeanice, and Kenneth (collectively
referred herein as Defendants), may be served with summonses and other
processes of this Honorable Court at their aforementioned addresses.
II
CAUSE OF ACTION AGAINST DEFENDANT HIGHMARK,
DEFENDANT OLIVER, AND DEFENDANT JEANICE
7. In various periods from 2004 until 2008, Plaintiff extended several
credit accommodations to Defendant HIGHMARK. These credit accommodations
comprised of loans as well as letters of credit-trust receipt agreements, the total
amount of which reached PHP502,500,000.00.
8. While Defendant HIGHMARK was able to settle some of its loan
obligations with the Plaintiff, it failed to pay a number of its loans. In order to keep its
loan accounts in current status, Defendant HIGHMARK simply renewed its matured
loans from time to time. Defendant HIGHMARKs last renewals of loans in the total
principal amount of PHP29,475,000.00 were made sometime in 2008 and 2009.
These renewed loans are covered by the following promissory notes, to wit:
Promissory Note No. Date Amount Maturity Date
LD-BD#003-9220/08 October 06, 2008 PHP1,700,000.00 November 05, 2008
extended to March 09, 2009
LD-BD#003-9647/08 January 16, 2009 PHP1,425,000.00 May 15, 2009
LD-BD#003-9228/08 October 07, 2008 PHP 450,000.00 February 04, 2009
extended to June 04, 2009
LD-BD#003-9719/09 February 11, 2009 PHP 900,000.00 June 11, 2009
extended to October 11, 2009
LD-BD#003-9397/08 November 25, 2008 PHP4,500,000.00 October 29, 2009
LD-BD#003-9422/08 November 28, 2008 PHP 580,000.00 October 29, 2009
LD-BD#003-9278/08 October 23, 2008 PHP 570,000.00 October 29, 2009
LD-BD#003-9284/08 October 24, 2008 PHP 500,000.00 October 29, 2009
Copies of the abovementioned promissory notes are hereto attached as Annexes
B to B-13, and are made integral parts hereof.
9. The aforementioned promissory notes were executed by Defendant
HIGHMARK through Defendant Oliver, its Executive Vice President, and
Defendant Jeanice, its Senior Vice President. The authorities of Defendants
Oliver and Jeanice, to obtain loans for and in behalf of Defendant HIGHMARK
and to renew its outstanding loans with the Plaintiff, are embodied in Defendant
HIGHMARKs Board Resolution No. 001-3-5-08 and 003-4-28-08, the contents
of which are reproduced in the Secretarys Certifcates dated March 05, 2008
and April 30, 2008. Copies of the aforesaid Secretarys Certifcates are hereto
attached as Annexes C and C-1, and are made integral parts hereof.
10. The fourteen (14) promissory notes that were executed by Defendant
HIGHMARK provide for the imposition of interest on the loans, at the following
initial rates:
Promissory Note Initial Interest Rate
LD-BD#003-9220/08 10.699% per annum
LD-BD#003-9647/08 11% per annum
LD-BD#003-9228/08 10.699% per annum
LD-BD#003-9719/09 10% per annum
LD-BD#003-9397/08 10.699% per annum
LD-BD#003-9398/08 10.699% per annum
LD-BD#003-9422/08 10.699% per annum
LD-BD#003-9372/08 10.699% per annum
LD-BD#003-9373/08 10.699% per annum
LD-BD#003-9278/08 10.699% per annum
LD-BD#003-9374/08 10.699% per annum
LD-BD#003-9396/08 10.699% per annum
LD-BD#003-9284/08 10.699% per annum
LD-BD#003-9395/08 10.699% per annum

11. It is also indicated in the promissory notes that the interest on the loans
for thirty (30) days, at the rates mentioned in the preceding paragraph, shall be
initially discounted from the proceeds of the loans and thereafter interest shall be
payable in advance every thirty (30) days at Plaintiffs prevailing lending rate.
12. In consideration of the loans granted by Plaintiff to Defendant HIGHMARK,
Defendants Oliver and Jeanice executed two sets of Continuing Suretyship
Agreements in favor of the Plaintiff, whereby they guarantee, jointly and severally,
the punctual payment at maturity to the Plaintiff of any and all instruments, loans,
advances, credits and/or other obligations and any and all other indebtedness of
every kind which is now or may hereafter become due or owing to the Plaintiff by
Defendant HIGHMARK. Specifcally, Defendants Oliver and Jeanice executed the
following Continuing Suretyship Agreements, to wit:
i. Continuing Suretyship Agreement
dated March 05, 2008 in the aggregate
principal sum of PHP25,000,000.00; and
ii. Continuing Suretyship Agreement
dated April 29, 2008 in the aggregate
principal sum of PHP28,000,000.00.
Photocopies of the aforementioned Continuing Suretyship Agreements are hereto
attached as Annexes D and D-1 and are made integral parts hereof.
13. Upon maturity of the loan covered by Promissory Note No. LD-
BD#003-9220/08 on March 09, 2009, Defendant HIGHMARK and its sureties,
Defendants Oliver and Jeanice, failed to pay the same. On the other hand, the loans
covered by the other promissory notes immediately became due and demandable
even prior to their respective maturity dates in view of the failure of Defendants
HIGHMARK, Oliver and Jeanice, to pay the interest due thereon.
14. Defendants HIGHMARK, Oliver, and Jeanice, continuously failed and
refused to pay their outstanding joint and several loan obligations despite repeated
verbal and written demands for payment made by the Plaintiff. Worse, after their
loans became due and demandable, Defendant HIGHMARK moved out of its offce
address without informing the Plaintiff of its new offce address. Similarly, its sureties,
Defendants Oliver and Jeanice, also moved out of their residential address without
giving any forwarding address to the Plaintiff. A copy of Plaintiffs last demand letter
dated April 18, 2011 addressed to Defendants HIGHMARK, Oliver, and Jeanice, and
copies of the registry receipt nos. 09751, 09752, 09753, and 09754, evidencing that
Plaintiff sent the said demand letters to Defendants HIGMARK, Oliver, and Jeanice,
through registered mail, are hereto attached as Annexes E and E-1 to E-4, and
are made integral parts hereof. Also, copies of the returned envelopes containing
the said demand letter, addressed to Defendants HIGHMARK, Oliver, and Jeanice,
with the notation moved out, together with the attached registry return receipts, are
hereto attached as Annexes E-5 to E-8, and are made integral parts hereof.
15. As of October 15, 2011, the solidary loan obligations of Defendants
HIGHMARK, Oliver, and Jeanice, amounted to PHP36,637,614.67, inclusive of
interest, as shown by the Statement of Account computed as of said date, a copy of
which is hereto attached as Annex F and made an integral part hereof.
III
CAUSE OF ACTION AGAINST DEFENDANT OLIVER,
DEFENDANT JEANICE, AND DEFENDANT KENNETH
16. Aside from the loans of DEFENDANT HIGHMARK, Defendants Oliver
and Jeanice, together with Defendant Kenneth, obtained another loan with the
Plaintiff in the principal amount of PHP10,850,000.00. This loan is evidenced by
Promissory Note No. LD-BD#003-9948/09, dated April 17, 2009, that was executed
by Defendants Oliver, Jeanice, and Kenneth, a copy of which is hereto attached as
Annex G and is made an integral part hereof.
17. Promissory Note No. LD-BD#003-9948/09 provides that interest shall be imposed
on the loan at the rate of 10% per annum, initially discounted for sixty (60) days.
18. The maturity date of Promissory Note No. LD-BD#003-9948/09 was June
16, 2009 but the same was extended until July 16, 2009.
19. Despite the thirty-day extension granted by the Plaintiff for the payment
of their loan, Defendants Oliver, Jeanice, and Kenneth, failed to pay the same and
continuously failed and refused to pay despite demands from the Plaintiff. Worse,
they absconded to evade payment of their loan obligation as they moved out of their
address without informing the Plaintiff of their new address. As such, the demand
letters sent by the Plaintiff to Defendants Oliver, Jeanice, and Kenneth, were all
returned unserved for the reason that they already moved out of their address. A
copy of Plaintiffs demand letter dated December 15, 2009 addressed to Defendants
Oliver, Jeanice, and Kenneth, at their offce address at Unit 101 Webjet Bldg., No.
88 E. Rodriguez, Jr. Avenue, Libis, Quezon City, is hereto attached as Annex H,
and is made an integral part hereof. Copies of the returned envelopes containing the
said demand letter, which contain the notation RTS moved out, are also attached
hereto as Annexes H-1 to H-3, and are made integral parts hereof.
20. Recently, Plaintiff found out that Defendants Oliver, Jeanice and Kenneth,
were also holding their offce at No. 117 West Avenue, Quezon City. Thus, in an
effort to collect their outstanding loan obligation, Plaintiff sent another demand
letters to Defendants Oliver, Jeanice, and Kenneth, at their aforementioned offce
address. At the same time, Plaintiff also sent the said demand letters at their
common residential address at No. 13 Carrot Street, Valle Verde V, Pasig City.
A copy of Plaintiffs demand letter dated April 15, 2011 and copies of the registry
receipt nos. 115805, 115806, 115807, 115808, 115809, and 115810, evidencing that
Plaintiff sent the said demand letters by registered mail, are hereto attached as
Annexes I to I-8, and are made integral parts hereof.
21. The sets of demand letters sent to the newly found offce address, as
well as to the residential address of Defendants Oliver, Jeanice, and Kenneth, were
also returned unserved to the Plaintiff for the reason that they moved out of the said
addresses. Copies of the returned envelopes containing Plaintiffs demand letter of
April 15, 2011 which were sent to Defendants Oliver, Jeanice, and Kenneth, with the
notation RTS moved, are hereto attached as Annexes J to J-5, and are made
integral parts hereof.
22. As of October 15, 2011, the loan obligation of Defendants Oliver, Jeanice,
and Kenneth, amounted to PHP13,324,402.81, inclusive of interest, as shown
by the Statement of Account computed as of said date, a copy of which is hereto
attached as Annex K and is made an integral part hereof.
IV
CAUSE OF ACTION COMMON TO ALL THE DEFENDANTS
23. The promissory notes executed by Defendant HIGHMARK as well as the
promissory note executed by Defendants Oliver, Jeanice, and Kenneth, similarly
provide that the rate of interest and/or bank charges stipulated therein, during its
term, its extensions, renewals, or other modifcations, may be increased, decreased,
or otherwise changed from time to time by the Plaintiff without advance notice to the
Defendants in the event of changes in the rediscount rate of member banks with the
Central Bank of the Philippines, in the interest rates on savings and time deposits,
in the interest rates on the Banks borrowings, or in the over all costs of funding or
money and that said interest, if not paid when due, shall be added to and become
part of the principal and shall bear interest at the same rate.
24. The promissory notes also contain an identical provision to the effect that
in case of default in the payment of any installment and/or interest and/or other
charges on the loans, as and when the same becomes due and payable, then the
entire principal, interest and other charges due, shall immediately become due and
payable.
25. In executing the promissory notes, Defendants also agreed to pay
Plaintiff, as penalty for delinquency or liquidated damages, two per centum (2%)
per month based on the outstanding principal and total amount of unpaid interest
and other charges to be computed from the date of default until full payment of the
obligation and to pay the further sum of not less than ten per centum (10%) of the
amount due as and for attorneys fee in the event that it shall be necessary to collect
the said promissory note by or through an attorney-at-law.
26. By reason of the Defendants unjustifed refusal to pay their just, due,
and demandable loan obligations to the Plaintiff despite the latters demands for
payment, Plaintiff was constrained to institute the instant action and to engage the
services of the undersigned counsels for a fee, in order to recover Defendants
indebtedness, of which they must be adjudged liable to pay the Plaintiff in the
agreed amount of not less than ten percent (10%) of the total amount due, as and
for attorneys fees and litigation expenses, as stipulated in the promissory notes.
27. Further, for being delinquent in the payment of their loan obligations,
Defendants must also be adjudged liable to pay the Plaintiff liquidated damages or
penalty charges in the agreed amount of two per centum (2%) per month, based on
the outstanding principal and total amount of unpaid interest, also pursuant to the
provision of the promissory notes that they executed in favor of the herein Plaintiff.
ALLEGATIONS IN SUPPORT OF THE PRAYER FOR ISSUANCE
OF A WRIT OF PRELIMINARY ATTACHMENT
28. Plaintiff hereby repleads and incorporates by way of reference the
foregoing allegations and make them integral parts hereof;

29. Plaintiff states, under oath, that it has suffcient cause of action against
Defendants HIGHMARK, Defendant Oliver, and Defendant Jeanice, for the collection
of their solidary loan obligations. Defendant HIGHMARK contracted several loans
from the Plaintiff and Defendants Oliver and Jeanice acted as its sureties who bound
themselves solidarily liable for the payment of the said loan obligations.
30. Plaintiff similarly states, under oath, that it has a suffcient cause of action
against Defendant Oliver, Defendant Jeanice, and Defendant Kenneth, for the
collection of their separate loan obligation. As mentioned above, aside from the loan
obligations of Defendant HIGHMARK which are guaranteed by Defendant Oliver
and Defendant Jeanice, they also obtained, together with Defendant Kenneth, a
separate loan with the Plaintiff.
30. Defendants HIGHMARK, Oliver and Jeanice, are all guilty of fraud in the
performance of their solidary loan obligations with the Plaintiff.
30.1. As mentioned above, Defendant HIGHMARK maintained its loan accounts
with the Plaintiff since 2004. As also mentioned, Defendant HIGHMARK made
several renewals of its loans until 2008 and 2009. During those times, Defendant
HIGHMARK was in constant communication with the Plaintiff.
30.2. Plaintiff renewed the loans upon the representation of Defendant HIGHMARK
that it will fully pay its loans but just need suffcient time to generate funds. Trusting
on this representation, Plaintiff agreed to the renewal of the loans. But upon the
maturity of its loans, Defendant HIGHMARK completely severed its communication
with the Plaintiff and evaded the payment of its loans by moving out of its offce
without informing the Plaintiff of its new offce address.
30.3. The same holds true with its sureties. Defendant Oliver and Defendant
Jeanice also moved out of their address without informing Plaintiff and without
giving any forwarding address.
30.4. Thus, when Plaintiff sent its demand letters to Defendants HIGHMARK,
Oliver, and Jeanice, the same were all returned unserved. A copy of Plaintiffs
initial demand letter dated August 12, 2009, together with the returned envelope
containing the said demand letter addressed to Defendant HIGHMARK,
Defendant Oliver, and Defendant Jeanice, and which bear the notation RTS
moved out, are hereto attached as Annexes L and L-1, and are made
integral parts hereof.
30.5. The succeeding attempts of the Plaintiff to serve its demand letter to
Defendant HIGHMARK also proved futile as the said demand letter was also
returned unserved. A copy of Plaintiffs demand letter dated December 15, 2009
together with its envelope which bears the notation RTS moved out are hereto
attached as Annexes M and M-1, and are made integral parts hereof.
30.6. Prior to the institution of this Complaint, Plaintiff once again tried to
reach Defendants HIGHMARK, Oliver and Jeanice, by sending them other
demand letters but the said demand letters were also returned unserved for
the same reason that the addressees already moved out. (please refer to
Annexes E to E-8 hereof).
31. Similarly, Defendant Oliver, Defendant Jeanice, and Defendant Kenneth,
are also guilty of fraud in the performance of their separate loan obligation.
31.1. While Defendants Oliver, Jeanice, and Kenneth, undertook to pay
the Plaintiff the amount of the loan covered by Promissory Note No. LD-
BD#003-9948/09, they all reneged on their promise to pay their indebtedness.
31.2. They did not merely fail to pay their loan obligation with the Plaintiff
but they in fact evaded the payment thereof by moving out of their offce and
residential addresses without informing the Plaintiff of their new address
where they can be reached. Worse, they left their addresses immediately after
their loan became due and demandable thereby indicating a clear design to
defraud the Plaintiff.
31.3. Thus, Plaintiffs demand letter addressed to Defendants Oliver, Jeanice,
and Kenneth, was also returned unserved. A copy of the said demand letter dated
August 12, 2009 together with its envelopes bearing the notation RTS moved
are hereto attached as Annexes N, to N-3, and are made integral parts hereof.
31.4. Plaintiff continued its effort to locate and collect from the Defendants
Oliver, Jeanice, and Kenneth, by sending them another demand letters at
their common residential address and also at their newly discovered offce
address. Plaintiffs demand letters, however, were also returned unserved for
the same reason that the addressees moved out. (Please refer to Annexes H
to H-3 and I to I-2 hereof.)
32. Defendants acts of severing their communication with the Plaintiff, of
ignoring their outstanding loan obligations, and of moving out of their addresses
without informing the Plaintiff of their new addresses, knowing full well the
existence of their due and demandable loan obligations, which were committed
after the maturity of their loans are clear indications of their malicious intent to
deceive the herein Plaintiff by evading payment of their solidary loans.
33. There is no security for the satisfaction of the claims sought to be
enforced in this action thereby prompting the herein Plaintiff to seek the issuance
of a writ of preliminary attachment in order to attach any property of the Defendants
for the satisfaction of Plaintiffs claim.
34. In view of the manifest fraudulent scheme employed by the Defendants
in the performance of their loan obligations with the Plaintiff and considering
the fact that they have evaded and have been evading the performance of their
solidary loan obligations, there is a possibility that Defendants will conceal and
dispose of their properties to further defraud the herein Plaintiff.
35. In order to protect the interests of the Plaintiff in the enforcement of its
claims against the Defendants and in view of the substantial amount involved, it is
thus necessary that a writ of preliminary attachment be issued to hold Defendants
property/ies as security/ies for any judgment that may be recovered in this action.
36. In view thereof, and pursuant to Section 1 (d) of Rule 57 of the Rules
of Court, which provides:
SECTION 1. Grounds upon which attachment may issue. At
the commencement of the action or at any time before entry of
judgment, a plaintiff or any proper party may have the property of
the adverse party attached as security for the satisfaction of any
judgment that may be recovered in the following cases:
x x x x x
(d) In an action against a party who has been guilty of fraud
in contracting the debt or incurring the obligation upon which the
action is brought, or in the performance thereof;
Plaintiff is entitled to the prayed writ of preliminary attachment to secure the
judgment that may be rendered by the Honorable Court in its favor.
36. Plaintiff is willing to post a bond in such amount as may be fxed by the
Honorable Court, to pay for the damages which the Defendants may sustain by
reason of the attachment, if the Honorable Court shall fnally adjudge that Plaintiff
is not entitled thereto.

37. In support of the foregoing allegations, the affdavit of Atty. Nemesio M.
Domingo, dated November 10, 2011, Plaintiffs Vice President for Loans and Discount
Department, is hereto attached as Annex O and is made an integral part hereof.
PRAYER
WHEREFORE, premises considered, it is most respectfully prayed of
this Honorable Court that pending trial, an Order be issued granting a Writ of
Preliminary Attachment ordering the sheriff or proper offcer of the Honorable Court
to attach so much of the property/ies of Defendants HIGHMARK MARKETING,
INC., OLIVER PAVON, JEANICE PAVON, and KENNETH PAVON, that are not
exempt from execution and that may be suffcient to satisfy Plaintiffs claims.
FURTHER, it is most respectfully prayed that after trial, judgment be rendered
in favor of the Plaintiff, as follows:
1. On the cause of action against Defendant HIGHMARK
MARKETING, INC., Defendant OLIVER PAVON, and Defendant
JEANNICE PAVON, to pay, jointly and severally, the amount of
PHP36,637,614.67, inclusive of interest, computed as of October
15, 2011, plus interests and penalties thereafter until the whole
obligation has been fully paid.
2. On the cause of action against Defendant OLIVER PAVON,
Defendant JEANICE PAVON, and Defendant KENNETH PAVON,
to pay, jointly and severally, the amount of PHP13,324,402.81,
inclusive of interest, computed as of October 15, 2011, plus
interests and penalties thereafter until the whole obligation has
been fully paid.
3. Ordering the Defendants, jointly and severally, to pay attorneys
fees in an amount equivalent to ten percent (10%) of the total
amount due; and
4. Ordering the Defendants, jointly and severally, to pay the costs of suit.
OTHER RELIEFS, just and equitable, are likewise prayed for.
City of Manila, November 10, 2011.
(SGD.) JANE D. LAPLANA-SUAREZ
Counsel for the Plaintiff Philtrust Bank
Philtrust Bank Building
United Nations Ave. corner
San Marcelino St., Manila
IBP No. 809369, 01.10.11, Manila IV
PTR No. 9284346, 01.11.11, Manila
Roll No. 43111
MCLE Compliance No. III-0008740, 02-22-10
Tel. No. 5249061, loc. 149 and 148
(SGD.) ARABELLA R. SALVADOR-SAMSON
Collaborating Counsel
(same address & tel. nos.)
IBP No. 802944, 12.16.09, Manila IV (until 2011)
PTR No. 9284348, 01.11.11, Manila
Roll No. 49150
(SGD.) ANALIZA D. SANCHEZ
Collaborating Counsel
(same address)
IBP No. 809370, 01.10.11, Manila IV
PTR No. 9284349, 1.11.11, Manila
Roll No. 55510
VERIFICATION AND CERTIFICATION
AGAINST FORUM SHOPPING
I, Atty. Martin B. Isidro, Filipino, of legal age, after being duly sworn in
accordance with law, depose and state that:
1. I am the Senior Vice President of the Philippine Trust
Company, also known as Philtrust Bank, Plaintiff in the above-
entitled case;
2. As such offcer, I am duly authorized and empowered to
bring and defend suits for and in behalf of the company as
evidenced by the Secretarys Certifcate hereto attached as
Annex A;
3. I have caused the preparation of the foregoing complaint and
attest that the contents thereof are true and correct based on
the authentic records of the Bank;
4. I further certify that plaintiff has not commenced any other
action or fled any other claim involving the same issues in
any court, tribunal or quasi-judicial agency, and to the best
of my knowledge, no such other action is pending therein. If I
should hereafter learn that a similar action or claim has been
fled or is pending, I shall report that fact within fve (5) days
from knowledge thereof to this Honorable Court.
(SGD.) Atty. Martin B. Isidro
Affant
SUBSCRIBED AND SWORN to before me this NOV. 10, 2011, affant
exhibiting to me his TIN 105-548-472.
Doc. No. 388;
Page No. 79;
Book No.III;
Series of 2011.
(MST-June 19, 2012)
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
Offce of the District Engineer
Eastern Samar District Engineering Offce
Borongan, Eastern Samar
Tel. No. (055) 560-9423
Fax No. (055) 261-2196
I NVI TATI ON TO BI D
(MST-June 19, 2012)
The Department of Public Works and Highways (DPWH), Eastern Samar
District Engineering Ofhce, through its Bids and Awards Committee (BAC), invites
contractors to apply to bid for the following contract(s):
1. Contract D: 12IB0077
Contract Name: Rehab./Replacement of Lawaan Bridge II
Contact Location: along Jct. Buenavista Lawaan-Marabut Road
Scope of Work: Repair of steel girder, application of Carbon
Fiber Sheets at undersided of slab, Repair of
slope protection and painting of steel structure
and other scope of work per approved POW
Major tems of Work: Item Nos. SPCL IV, SPCL I, and SPCL IX
Approve Budget for the Contract (ABC): P 9,568,726.09
Contract Duration: 210 CD
Cost of Bidding Documents: P 10,000.00
2. Contract D : 12IB0078
Contrad Name: Rehab./Replacement of Giporlos Bridge I
Contract Location: along Jct. Buenavista - Lawaan - Marabut Road-
Scope of Work: Replacement of Deckslab of span 2, Application
of Carbon Fi ber Sheet under the decksl ab,
Repair of slope protection and other scope of
work per approved POW
Major tems of Work: Items No. Spcl ll and Spcl lll
Approved Budge for the Contract (ABC) : P 6,827,186.73
3. Contract D: 12IB0079
Contract Name: Rehab./Replacement of Coticot Bridge
Contract Location: along Jct. Buenavista-Lawan-Marabut Road
Scope of Work: Removal and Replacement of Deckslab, Repair
of Steel Girders, Repainting of Steel structures
and repair of slope protection and other scope
of work per approved POW
Major tems of Work: Items No. 404, 405 and Spcl I
Approved Budget for the Contract (ABC): P 8,822,006.32
Bidding will be conducted through open, competitive bidding procedures in
accordance with R.A. 9184 and its Revised mplementing Rules and Regulations. Bids
received in excess of the ABC shall be automatically rejected at the opening of bid.
To bid for this contract, a contractor must submit a Letter of ntent (LO) signed
by the person authorized in the Contractor's License issued by PCAB. The LOs
shall be submitted by the Authorized Liason Offcer as specifed in the Contractor's
nformation (C). Submission of LOs by persons with a Special Power of Attorney
shall not be allowed. The contractor must purchase bid documents and must meet
the following major criteria: (a) prior. registration with DPWH, (b) Filipino citizen or
75% Filipino-owned partnership, corporation, cooperative, or joint venture with PCAB
license applicable to the type and cost of this contract, (c) completion of a similar
contract costing at least 50% of ABC within a period of ten years, and (d) Net Financial
Contracting Capacity at least equal to ABC, or credit line commitment for at least 10%
of ABC. The BAC will use non-discretionary pass/fail criteria in the eligibility check
and preliminary examination of bids.
Unregistered contractors, however, shall submit their applications for registration
to the DPWH-POCW Central Offce before the deadline for the receipt of LO. The
DPWH-POCW Central Offce will only process contractor's applications for registration,
with complete requirements, and issue the Contractors Certifcate of Registration
(CRC).
The signifcant times and deadlines of procurement activities are shown below:
1. Receipt of LO from prospective Bidders Deadline: July 4, 2012 ; 5:00 p.m.
2. ssuance of Bidding Documents June 19 - July 10, 2012
3. Pre-Bid Conference June 29, 2012
4. Receipt of Bids July 10, 2012 until 10:00 a.m.
5. Opening of Bids July 10, 2012 @ 2:00 p.m.
The BAC will issue hard copies of Bidding Documents (BD's) at Department of
Public Works and Highways (DPWH), Eastern Samar District Engineering Offce,
upon payment of a non-refundable fee of as stated above for Bidding Documents.
Prospective Bidders may also download the BDs, if available, from DPWH web site and
PhilGeps. Prospective bidders that will download the BDs from the DPWH website and
PhilGeps shall pay the said fees on or before the submission of their bid Documents.
Bids must be accompanied by a bid security, in the amount and acceptable form, as
stated in Section 27.2 of the Revised RR.
Prospective Bidders shall submit their duly accomplished forms as specifed in
the BD's in two (2) separate sealed bid envelopes to the BAC Chairman. The frst
envelope shall contain the technical component of the bid, which shall include the
eligibility requirements. The second envelope shall contain the fnancial component
of the bid. Contract will be awarded to the Lowest Calculated Responsive Bid as
determined in the bid evaluation and the post-qualifcation.
The Department of Public Works and Highways (DPWH), Eastern Samar District
Engineering Offce reserves the right to accept or reject any or all bid and annul the
bidding process anytime before Contract award, without incurring any liability to the
affected bidders.
Approve by:
(Sgd.) RODYARD M. LIM
BAC CHARMAN
Noted:
(Sgd.) RICARDO D. ODITA
OC - District Engineer
I NVI TATI ON TO APPLY FOR ELI GI BI LI TY AND TO BI D
(MST-June 19, 2012)
The Department of Public Works and Highways Regional Ofhce 7 (DPWH
Regional Ofhce 7), through its Bids and Awards Committee (BAC), invites contractors
registered with and classifed by the Philippine Contractors Accreditation Board
(PCAB) to apply for eligibility and if found eligible, to bid for the contract to wit:
Contract I.D.: 12H00062
Contract Name: Retrotting of Butuanon Bridge
Location of Project: K0008+341.390 aIong Cebu North Hagnaya Wharf Road
Contract Duration: 180 CaIendar Days
Approved Budget for the Contract: PHP 20,192,773.65
Bid Documents: Php 10,000.00
Bidding will be conducted through open competitive bidding procedures in accordance
with R.A. 9184 known as "Government Procurement Reform Act, and its Revised
ImpIementing RuIes and ReguIations. Bids received in excess of the ABC shall
be automatically rejected at bid opening.
To be eligible to bid for this contract, a Contractor must submit a Letter of ntent
(LO) together with their CIass "A" Documents and must meet the following major
criteria: (a). prior registration with the DPWH, (b) Filipino citizen or 75% Filipino-
owned partnership/corporation, cooperative, or joint venture with PCAB License
applicable to the type and cost of this contract, (c) completion of a similar project/
contract costing at least 50% of ABC within a period of 10 years, (d) Net Financial
Contracting Capacity at least equal to ABC, or credit line commitment from a reputable
universal and commercial banks for at least 10% of ABC. (e) Letter of Authority for
the representative /Liason Offcer (As refected in the CRC) to submit LO and Bids,
Have key personnel and equipment owned and or leased listed in the Eligibility
Forms available for the prosecution of the project. Letter of ntent (LO's) sent thru
mail or fax will not be accepted. The DPWH BAC will use non-discretionary pass/
fail criteria in the eligibility check, preliminary examination of bids, evaluation of bids
and post qualifcation.
Unregistered contractors, however, may submit their applications for registration, to
DPWH-POCW , Central Offce before the deadline for the receipt of LOs. The DPWH-
POCW Central Offce will process only, the contractor's applications for registration
with complete requirements and issue the Contractor's Certifcate of Registration
(CRC) before processing their LOs. The DPWH Central BAC-TWG will process only
those with complete registration requirements.
All particulars relative to Eligibility Statement and Screening, Bid security, Performance
Security, Pre Bidding conference(s) , Evaluation of Bids, Post Qualifcation and
Award of Contract shall be governed by the pertinent provisions of RA 9184 and its
mplementing Rules and Regulation (RR).
The signifcant times and deadlines of procurement activities are shown be below.
ssuance of Bidding Documents From: June 19, 2012 -JuIy 10, 2012
Pre Bid Conference June 28, 2012 -2:00 P.M.
Deadline of LO's from Prospective
bidders
DeadIine: JuIy 6, 2012 untiI 3:00 P.M.
Receipt of Bids JuIy 10, 2012 -9:00 A.M-9:30 A.M.
Opening of Bids JuIy 10, 2012-10:00 A.M.
Prospective bidders may download the Registration and LO Forms from the DPWH
website www.dpwh.gov.ph. Prospective bidders shall submit their accomplished
LOs and obtain the results of the eligibility check at the same address.
Prospective bidders may also download the Bidding Documents (BDs), if available,
from the DPWH web site. Bidders that will download the BD'S from the DPWH
Website shall pay the said fees as stated aboved on or before the submission of
their bid documents. Bids must be accompanied by a bid security, in the amount and
acceptable form as stated in Section 27.2 of the Revised RR. The BAC will also issue
hard copies of the (BDs) at the same address upon payment of a non-refundable fee
as stated above. nterested Bidders may obtain further information and inspect the
bidding Documents at the same address.. Bids will be opened in the presence of the
bidders' representatives who choose to attend and late bids shall not be accepted.
The DPWH Regional Offce 7 reserves the right to accept or reject any bid and to annul
the bidding process anytime before Contract award, without incurring any liability to
the affected bidders and no responsibility whatsoever to compensate or indemnify
bidders for any expenses incurred in the preparation of their bids.

Approved by:
(Sgd.) Atty. AYAON S. MANGGIS
BAC Chairman
DEPARTMENT OF PUBLC WORKS AND HGHWAYS
OFFICE OF THE SECRETARY
Manila
REQUEST FOR EXPRESSION OF INTEREST FOR CADET ENGINEER PROGRAM
(MST-June 19, 2012)
1. The Department of Public Works and Highways, through Fund 101 of CY 2012 of
the Department intends to apply the sum of Php8,000,000.00 being the Approved
Budget for the Contract (ABC) to payments under the contract for Consultancy
Services for the Design and nitial mplementation of the DPWH Cadet Engineer
Program. Bids received in excess of the ABC shall be automatically rejected at the
opening of the fnancial proposals.
2. The DPWH now calls for the submission of Applications for Eligibility and
Shortlisting:
Project: Consultancy Services for the Design and nitial mplementation
of the DPWH Cadet Engineer Program
Location: Department of Public Works and Highways Central Office,
Bonifacio Drive, Port Area, Manila
Objectives: The objectives of the Consultancy Services are to be able to:
x Design policies and guidelines for the implementation
and institutionalization of a Cadet Engineering
Program in the DPWH;
x Establish a Cadet Engineer Competency Standards;
x Develop the capability of a pool of DPWH resource
persons who will train, coach and mentor these cadet
engineers;
x Assist in the recruitment and selection of qualifed
cadet engineers for the program;
x Design and implement a training program that will
develop the technical competency and leadership
skills of cadet engineers; and
x Evaluate the program and provide recommendations
O u t p u t s /
Deliverables
1. Program Design
2. Cadet Engineer Program Manual
3. Final Selection Report for Recruited Cadet Engineers
4. Program Report: Training of Trainers
5. Program Report: Cadet Engineer Classroom Studies
6. Program Report: On-the-Job Training
7. Terminal Report
nterested consultants must submit their Application for Eligibility and Shortlisting
on or before June 28, 2012 at 2:00 p.m. at the Bids and Awards Committee (BAC)
for Consultancy Services, Room 502-B, 5
th
Floor, DPWH Building, Bonifacio
Drive, Port Area, Manila. Applications for eligibility will be evaluated based on
a non-discretionary "pass/fail criterion. The eligibility form can be downloaded
from www.dpwh.gov.ph.
3. The BAC shall draw up the short list of consultants from those who have submitted
eligibility documents/Expression of nterest and have been determined as eligible
in accordance with the provisions of Republic Act 9184 (RA9184), otherwise known
as the "Government Procurement Reform Act, and its mplementing Rules and
Regulations (RR). The short list shall consist of 3-5 prospective bidders who
will be entitled to submit bids. The criteria and rating system for short listing are:
Applicable Experience : 35 points
Qualifcation of Personnel : 40 points
Job Capacity : 25 points
100 points
4. Bidding will be conducted through open competitive bidding procedures using
non-discretionary "pass/fail criterion as specifed in the Revised RR of RA 9184.
Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or
organizations with at least sixty percent (60%) interest or outstanding capital stock
belonging to citizens of the Philippines.
5. The Procuring Entity shall evaluate bids using the Quality Based Evaluation (QBE)
procedure, whereby each consultant shall be required to submit technical and
fnancial proposals simultaneously in separate sealed envelopes. After receipt of
bids, the technical proposals of the consultants shall frst be opened, evaluated,
and ranked in descending order. Based on the numerical ratings of their technical
proposals, the Highest Rated Bid whose technical proposal must pass the minimum
technical requirement of 75% shall be identifed. After approval by the Head of the
Procuring Entity of the Highest Rated Bid, its fnancial proposal shall then be opened.
6. The contract shall be completed within 12 months
7. The Department of Public Works and Highways reserves the right to reject any
and all bids, annul the bidding process, or not award the contract at any time
prior to contract award, without thereby incurring any liability to the affected
bidder or bidders.
8. For further information, please refer to:
Undersecretary RAUL C. ASS
Chairperson, BAC for Consultancy Services
Department of Public Works and Highways
Bonifacio Drive, Port Area, Manila
Tel. No. (+632)304-3302
Fax No. (+632)304-3572
(Sgd.) RAUL C. ASIS
Undersecretary
Chairperson, BAC for Consultancy Services
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
OFFICE OF THE REGIONAL DIRECTOR
REGON V, CEBU CTY
B4
Provinces
Edited by Leo A. Estonilo www.manilastandardtoday.comleoestonilo@gmail.com
Vivant lines up two power plants
Japan aids Quezon agri
Re-listing
of voters
scheduled
Rizal ethos. Laguna Governor Jeorge E.R. Ejercito Estregan was exalted as Knight Commander of Rizal by Act-
ing Supreme Commander of The Order of the Knights of Rizal Sir Reghis M. Romero II, KGCR on May 14, 2012
at the Cultural Center of Laguna, Sta. Cruz. Established on Dec.30, 1911, the organization aims to foster the
teachings of Dr. Jose Rizal; promote among the associated knights the spirit of patriotism and Rizalian chivalry;
unify Filipinos in revering the memory of Rizal; and hold programs to commemorate Rizals martyrdom.
By Alena Mae S. Flores
CEBU-BASED Vivant Corp. is lining up a
hydropower plant in Negros and a bunker-
red facility in Palawan, an ofcial said
Monday.
Johnny Roxas, Vivant assistant
vice president, said the greeneld
projects have an initial capacity of
6 and 7 megawatts, respectively.
He said permits and other
clearances are being worked out
with the authorities.
Roxas said the company was
also eyeing coal projects but had
yet to rm up a timetable.
Vivant recently issued a
statement that it continues
to look out for other power
generation projects to add to its
portfolio and has a number of
these now under study.
Roxas said Vivant, as one of
the prequalied bidders of the
Unied Leyte contracts, is still
interested in the rebidding.
Government will hold another
round of bidding of the Unied
Leyte contract administrators
within the year.
As one of the ve pre-
qualied bidders, denitely we
are interested but we have to wait
for the PSALM to come out (with
the terms of reference), he said.
Vivant, whose shares are listed
at the Philippine Stock Exchange,
reported last week that it posted a
consolidated net income after tax of
P793 million, up 48 percent increase
compared to its 2010 earnings.
This translates to an earnings
per share of P0.0641 and a boost
in equity of 15 percent.
Vivant, which is into both
distribution and power generation
business, has substantial equity in
the Visayan Electric Company Inc.,
the second largest utility company
in the Philippines and a stake in
Cebu Private Power Corp., owner
and operator of one of the largest
diesel power plants on the island.
The company also has interests
in Amlan Hydro Power Inc.,
operators of the 0.8 MW run-
of-river power plant in Amlan,
Negros Oriental, 35 kilometers
north of the provincial capital,
Dumaguete City.
UNISAN-Mayor Nonato
Puache and Minority Floor
Leader Danilo Suarez led the turn
over to beneciaries in Quezon of
farm animals, seeds and fertilizers
obtained through the government
of Japan and the United Nations
Trust Fund for Human Security.
The P2-million worth of
assistance was presented during
rites joined by the Japanese
embassys First Secretary
Ryutaro and Masami Hirata,
agriculture and labor attaches,
respectively, along with Kazuyuki
Tsurumi, Food and Agriculture
Organization representative.
The inputs consisted of
certied seeds for upland and
lowland planting, vegetable
seeds, 10 head of carabao and
20 head of cattle.
The aid is covered by a joint
undertaking between the FAO
together with International Labour
Organization and the Ofce of the
Presidential Adviser on Peace
Process with Quezon executives.
As a result the municipal
government organized Buri
development project for women
and Coconut-based farming
system aiming to provide income
and personal savings that will
turn farming activities into a
protable business enterprise,
Puache said.
He said the program will help
families send their children to
school and raise their standard
of living.
The beneciaries will train
under the Trade provincial
ofcer Marcelina Alcantara and
agriculturist Roberto Gajo.
Benjie A. Antioquia
THE Commission on Elections
will hold a general registration of
voters in the Autonomous Region in
Muslim Mindanano next month.
Both Houses of Congress
signed a joint resolution and
approved by President Benigno
Aquino III last June 11 to annul
the voters list due to the presence
of hundreds of thousands of
illegal and ctitious registrants.
Comelec ofcials said at least
1,778,817 registered voters in
ve provinces of the ARMM
(Basilan, Sulu, Tawi-Tawi,
Maguindnanao and Lanao del
Sur) will sign up again for the
poll list from July 9 to July 18.
Nineteen senators led by
Finance Committee chairman
Senator Franklin Drilon
approved Joint Resolution 17,
which was certied as urgent
measure by Malacaang.
The Senate also authorized the
Comelec to suspend for the whole
month of July 2012 the registration
of voters in non-ARMM areas
to hasten the re-listing of voters
in the region. The commission is
also allowed to redeploy its staff
and necessary equipment in the
region. Joel E. Zurbano
By Dexter A. See
ITOGONBenguet Corp. has
revived Task Force Dengue to
help health authorities prevent a
dengue outbreak in communities
hosting mining camps.
Mignon de Leon, BC vice
president for administration, said
teams have begun information
campaigns in Virac, Itogon, to prod
residents to join the drive to eliminate
breeding sites of mosquito vectors.
Nestor Tollo, human resource
manager, serves as adviser of
the Task Force with Maribel
Gengania, Camp Administration
head, as chairman.
Representatives from
Camp Administration, Socio-
Environment, Safety, Medical and
Security along with Virac Kagawad
David Ekwasen complete the
team.
De Leon said the task force
was networking with the Itogon
Municipal Health Ofce and
related agencies to combat dengue
fever which has been declared a
year-round disease.
Benguet Corp. takes on dengue

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