Manila Standard Today - April 17, 2012 Issue

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CYAN MAGENTA YELLOW BLACK
Symbol of unity. US Marine Brig. Gen.
Frederick Padilla (left) and Rear Admiral
Emmanuel Martir of the Philippines un-
furl the Balikatan ag during the open-
ing of the Balikatan exercises in Camp
Aguinaldo in Quezon City.
Beach landing. US and Philippine marines take their position on
the beach after a landing exercise in Zambales last year. A similar
exercise will be made this year.
Read our message. Demonstrators put up protest signs outside the Chinese consulate in Makati City
against poaching by Chinese shermen in Panatag Shoal in the West Philippine Sea.
Stitching the split. President Aquino and Vice
President Binay needed a quick stitch after the
president denied their inevitable parting of ways.
The same photo was ripped in the middle on Mon-
day to denote their split.
Beauty queens. Janine Tugonon (center), a cum laude graduate of the University of Santo Tomas who
topped the Pharmacy Board examinations in 2010, was crowned Miss Philippines-Universe 2012 at the
Araneta Coliseum on Sunday night. She is anked by Miss Philippines-International Nicole Schmitt (left)
and Miss Philippines-Tourism Katrina Dimaranan. TEDDY PELAEZ
By Vito Barcelo
MORE than 350 ground crews
of the low-cost airline Zest Air
on Monday threatened to leave
their posts because they had not
received their differential and
overtime pay for the past three
months.
But the Labor Department ap-
pealed to them to defer their plan
and to discuss their problem with
the people supposed to pay them.
The airline on Monday said
it was not directly liable for the
workers problem because its
ground services were being out-
sourced.
Zest Air chairman Alfredo
Yao said he had instructed his
personnel department to talk to
the agency handling the more
than workers and pay them.
I would like to clarify that.
Its the manpower agency that
has failed to pay the workers,
Yao said.
US and Philippine military
ofcials said Monday nearly
7,000 American and Filipino
troops had begun two weeks
of major military exercises but
stressed that China was not an
imaginary target.
Army Maj. Emmanuel
Garcia said the annual drills,
called Balikatan or shoulder-
to-shoulder, would include
combat maneuvers involving
the mock retaking by US-
backed Filipino troops of an
oil rig supposedly seized by
terrorists near the South China
Sea.
US Marine Lt. Col. Curtis
Hill said most other events
would focus on humanitarian
missions and disaster-response
drills.
By Maricel Cruz
MALACAANG on Monday
denied Chief Justice Renato
Coronas claim over the week-
end that a Palace emissary had
asked him to surrender and
leave the high court.
Presidential spokeswoman
Abigail Valte said Corona, who
is undergoing an impeachment
trial at the Senate for alleged
corruption, should be concen-
trating on defending himself.
Perhaps it would be bet-
ter for the chief justice to take
advantage of the break in the
impeachment trial to concen-
trate on his defense rather than
continuing to cast unwarranted
aspersions on the Ofce of the
President, Valte said.
In a statement he released
THE members of a group supplying cooking gas on Monday cut
their prices by P1 per kilogram or P11 per 11-kilogram tank to
reect declining world market prices.
Arnel Ty, president of the LPG Marketers Association, said the
contract price of liqueed petroleum gas had gone down to $120 a
metric ton, which represented a reduction of P11 from the price of
11-kilogram tanks that previously sold at P769 to P845 per tank.
The new rates reect the decline in world contract prices,
Ty said.
His groups members include Omni Gas, Pinnacle Gas, Island
PRESIDENT Beningo Aquino III
on Monday said the Philippines
would not start a war with China
over a disputed shoal where their
ships have gured in a tense naval
standoff for a week.
He said Manila would assert
its sovereignty over the Scarbor-
ough Shoal off the northwestern
Philippines but had pulled out a
warship and replaced it with a
coast guard vessel to de-esca-
late the situation.
Mr. Aquino said the Philip-
pines would continue talks with
China to resolve the impasse,
which began on Tuesday last
week when two Chinese ships
prevented the crew of the BRP
Gregorio del Pilar, the countrys
largest warship, from arresting
several Chinese shermen.
Mr. Aquino, quoting the late
The statement Sunday by Abi-
gail Valte effectively ruled out an
alliance between Binays United
Nationalist Alliance and Mr.
By Christine F. Herrera
TWO lawmakers from Mindan-
ao on Monday said Energy Sec-
retary Jose Rene Almendras had
no right to dare his critics to sign
a petition asking him to resign
if he understood the meaning of
delicadeza or honor.
Secretary Almendras should
no longer wait to be told [to
resign] when he knows how
ineffective he has become in
handling the power crisis, said
Agham Rep. Angelo Palmones,
who comes from Cotabato.
Cagayan de Oro Rep. Rufus
Rodriguez criticized Almendras
for supposedly doing nothing
about the power crisis now grip-
ping Mindanao and crippling
commerce on the island since
By Joyce Pangco Paares
and Christine F. Herrera
PRESIDENT Benigno Aquino
III said Monday he was open to
a proposal to use nuclear tech-
nology in Mindanao to solve the
power shortage in the region.
But he said it was important
to ensure that whatever nuclear
plant was built in Mindanao
would conform to international
safety standards, citing the en-
vironmental disaster in Fuku-
shima, Japan.
Former Pangasinan Rep.
Mark Cojuangco proposed the
www.manilastandardtoday.com mst@manilastandardtoday.com
TODAY
Standard
Manila
Vol. XXVI No. 51 12 Pages, 2 Sections
P18.00 TUESDAY, April 17, 2012
Aquino: NoyBi split
not inevitable
LPG price rollback
President open to nuclear
technology in Mindanao
Quit now,
dont wait,
solons urge
Almendras
PH wont start war with ChinaPNoy
7,000 troops start drills
near disputed sea area
Corona dared:
Name emissary
of Malacaang
Airline hit by labor turbulence over wage issue
Dismisses statement of Palace mouthpiece
Next page
Next page Next page
Next page
Next page
Next page
Next page
Next page
By Joyce Pangco Paares and Maricel Cruz
PRESIDENT Benigno Aquino III on
Monday denied a statement from his
deputy spokeswoman that he and Vice
President Jejomar Binay would inevitably
part ways in the 2016 elections because of
their political differences.
Aquinos Liberal Party, a possibility that the Presi-
dent left open Monday.
I dont know if it that is inevitable, Mr. Aqui-
no said.
Vice President Binay is part of the adminis-
tration. He has been helping us in improving our
countrys situation.
If the [administration] helps you [Binay] in
your political career, will you oppose it? I believe
it is in his interest as a member of our Cabinet to
help ensure our administration succeeds, espe-
cially in the area concerning our overseas Filipino
workers and housing.
Binay on Monday said his working relationship
with the President remained healthy.
In politics there is no impossible, Binay said
in response to a question about a possible alliance
between his group and the Presidents party. But
Explaining the blackouts. President Aquino points to the chart to explain to reporters the load capacity of the Mindanao Grid in connection with the recurring blackouts on the island.
CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK CYAN MAGENTA YELLOW BLACK
News
ManilaStandardToday mst.daydesk@gmail.com APRIL 17, 2012 TUESDAY
A2
Corona ...
through his lawyers Sunday,
Corona said a Palace emissary
had approached him and asked
him to resign or retire early. He
did not name the emissary.
I was told that I had already
served as chief justice for one-
and-a-half years, and that my
service as the 23rd top magistrate
would always be part of this na-
tions history, Corona said.
He said he was also told
that all the baseless allegations
against him could easily be for-
gotten if he surrendered.
He was urged to save the
entire judiciary from the danger
it might undergo and to spare
other justices, judges, court of-
cials and employees from un-
certainties.
Corona said he refused to re-
sign because surrendering would
mean the destruction of the ide-
als set forth by the Constitution,
which calls for a constitutional
democracy, where the separation
of powers, judicial independence
and the rule of law reign.
Valte made her statement even
as the House prosecution panel
on Monday demanded that Coro-
na name the Palace ofcial who
had asked him to resign.
Aurora Rep. Juan Edgardo
Angara, the spokesman for the
prosecution panel, said the failure
of Coronas camp to identify the
Malacaang ofcial meant the is-
sue was mere propaganda.
Angara made his call as the
impeachment trial is set to re-
sume on May 7 after a Lenten
break of more than a month.
He said Coronas camp
should not be blamed for sow-
ing intrigues in light of the re-
cent surveys claiming that the
majority of Filipinos believed
in the prosecutions case against
the chief magistrate.
It is best if the chief justice
names the Palace ofcial he is
referring to, Angara said.
It could also be an attempt
on the Chief Justices part to
elicit public sympathy.
Another administration
ally, Western Samar Rep. Mel
Senen Sarmiento, a member of
President Benigno Aquino IIIs
Liberal Party, said the Corona
camps latest statement was
part of the propaganda war.
We will just have to wait for
the judgment of the impeach-
ment court, he said.
Minority Leader and Quezon
Rep. Danilo Suarez said Co-
ronas defense panel would have
nothing to lose if they named the
Palace ofcial.
With Joyce Pangco Paares
LPG...
Gas, Cat Gas and Nation Gas.
The major distributors such as
Petron, Total and Isla Gas con-
tinue to sell their products at
the old prices
An estimated eight to 12 mil-
lion 11-kilogram cylinders are
sold nationwide. The prices
vary depending on the brand,
location and market forces.
The LPG Industry Associa-
tion on Monday said up three
million LPG tanks were rusty
or dented and needed to be test-
ed by the Trade Department to
ensure those conform to safety
standards.
Group executive director
Mercedita Pastrana said about
1,782 res ha been attributed
to LPG tank explosions in the
past 10 years and called on
Congress to pass an LPG bill.
She said reforms were need
to regulate the use of dilapi-
dated cylinders, under-lled
cylinders, illegal relling and
cylinder tampering.
Alena Mae S. Flores
PH...
British Prime Minister Winston
Churchill, said: Its better to jaw,
jaw, jaw than to war, war, war.
Manila lodged a protest with
China Monday, accusing Chinese
ships and aircraft of harassing the
M/Y Saranggani, a Philippine-reg-
istered boat doing archaeological
research in the area.
The Philippines demanded that
the Chinese ships and aircraft cease
the harassments of and y-bys
over M/Y Saranggani so that the
boat and its crew can complete its
work, said Foreign Affairs spokes-
man Raul Hernandez.
Any attempted acton by Chi-
nese ships or aircraft against the
M/Y Saranggani will be consid-
ered by the Philippines as a gross
violation of its national laws and
of international law.
A high-ranking military ofcial
on Monday said the situation in the
Scarborough Shoal remained un-
stable because the two Chinese ves-
sels refused to leave the area even
after eight Chinese shing boats es-
caped with their loot of giant clams,
corals and other endangered mari-
time species.
Lt. Gen. Anthony Alcantara said
a second Philippine Coast Guard
ship arrived in the area to resupply
the rst, which arrives Thursday.
We are continuously monitor-
ing the situation in the area, he
said, adding that the Gregorio del
Pilar remained on standby at Poro
Point in La Union.
On Monday, 6,800 troops
from the Philippines and the
United States started their year-
ly military exercises in Palawan
near the disputed Spratly Islands
located in the West Philippine
Sea.
Military ofcials said the joint
exercises had nothing to do with
the Scarborough Shoal standoff.
Also on Monday, the President
said he was likely to appoint a
new ambassador to China after
businessman Domingo Lee was
bypassed thrice by the Commis-
sion on Appointments.
Mr. Aquino said he needed an
ambassador skilled enough to
steer the bilateral relations be-
tween the Philippines and China
and address sticky issues such as
the recent standoff in the Scarbor-
ough Shoal.
That is a possibility, a dis-
tinct possibility Mr. Aquino said
when asked if he was inclined to
nominate an ambassador to Bei-
jing other than Lee.
The President said his admin-
istration had two missions: to de-
escalate the tensions with China
and to protect the countrys sov-
ereignty and patrimony.
We have been ready to protect
our sovereignty to the limits of
our capability. But again, I appeal
to you [not to escalate the situa-
tion], Mr. Aquino said.
Even in boxing we would
lose. There are 1.3 billion Chinese
and we are only 95 million. What
would we gain if we escalate the
tension?
Mr. Aquino said the Philip-
pines was in constant touch
with China. The Association of
Southeast Asian Nations must
take a more active role in ad-
dressing the maritime disputes
in the region.
During the recently concluded
Asean summit meeting in Cam-
bodia, Mr. Aquino insisted that
China should not be part of the
team to draft the Code of Conduct
on the South China Sea.
The code, which will be a bind-
ing pact among the 10-member
states of the Asean, will govern
maritime territorial disputes with-
in the region.
The Philippines and China
aside, the other countries claim-
ing the whole or parts of the West
Philippine Sea are Malaysia, Viet-
nam, Brunei and Taiwan. Joyce
Pangco Paares, with AP
Quit...
President Benigno Aquino III as-
sumed ofce two years ago.
Bayan Muna Rep. Teddy Ca-
sio said Almendras inaction
merely reected what the Presi-
dent wanted to do, which was
nothing.
President Aquino wanted to
privatize [the] Agus-Pulangui
[hydroelectric plants], Casio
said.
So they ignored the clamor of
Mindanao to rehabilitate the hy-
droelectric plants and the power
barges because they wanted to
sell these assets at a lesser cost.
Rodriguez said Mindanao suf-
fered the worst energy crisis in its
history from November 2009 to
May 2010.
The six to 12 hours a day of
[rolling blackouts] crippled in-
dustry and commerce and af-
fected the residents on the entire
island, Rodriguez said.
He said that as early as August
2010 he had asked Almendras
to dredge the Agus and Pulangi
rivers, rehabilitate the Agus and
Pulangi plants, rehabilitate the
four diesel power barges of Pow-
er Sector Assets and Liabilities
Management Corp. and operate
them in Mindanao, and operate
the Iligan diesel power plants.
Rodrigues said Almendras
tossed the ball to Congress and
said he would have to ask law-
makers if the Energy Department
could defer the sale of the hydro-
electric plants and to rehabilitate
them instead.
We in Congress approved the
rehabilitation of Agus... This was
one year and seven months ago,
Rodriguez said.
He said he led a House reso-
lution on Oct. 4, 2010 urging the
energy committee to probe the
worsening power situation in
Mindanao.
The same month, he led a
resolution urging the Power
Sector Assets and Liabilities
Management Corp. not to bid
out the remaining four power
barges and instead make them
available to provide power in
Mindanao.
In the early part of 2011 I re-
iterated my petition for the four
urgent actions proposed to Secre-
tary Almendras, this time during
the Joint Congressional Power
Commission hearings as a mem-
ber of this Commission, Rodri-
guez said.
Once again, Secretary Almen-
dras promised to act on my four
measures.
On Jan. 12, 2012, Rodriguez
said, he filed House Resolu-
tion 2041 directing the en-
ergy committee to probe the
delay in the rehabilitation of
the Agus-Pulangi Hydropower
complex in Mindanao and help
address the power shortage on
the island.
Up to now nothing has been
actually done by the Energy De-
partment about the proposals and
resolutions, Rodriguez said.
Mindanao has a power supply
decit of 180 to 400 megawatts
that could have been easily ad-
dressed by Secretary Almendras
had he fullled the dredging of
the Agus and Pulangi rivers and
repaired the Agus and Pulangi
plants, Rodriguez said.
In a position paper that he sub-
mitted to the President during the
Mindanao Power Summit last
week in Davao City, Rodriguez
said, Almendras caused the pow-
er crisis in Mindanao by failing
to act on any of his recommenda-
tions.
President...
use of small modular reactors, a rela-
tively new and safer form of nuclear
power, for Mindanao during last
weeks power summitin Davao City.
Cojuangco said small modu-
lar reactors were favored by the
United States Nuclear Regulatory
Commission.
There is an ongoing study [on
the possible use of nuclear power
in Mindanao] by the Department
of Science and Technology, Mr.
Aquino said.
But he was lukewarm to the
proposals to stop the planned
privatization of the Agus and Pu-
langi hydroelectric power plants.
I never said I [was] totally
in favor of privatizing it. But in
Luzon, we have privatized a lot
of plants and this resulted in in-
creased capacity, he said.
What we want is to make
power rates reasonable so there
has to be excess capacity to spur
competition.
Mr. Aquino also ruled out the
possibility of subsidizing the
power rates in Mindanao.
That is not a good strategy.
Where would we get the funds
for the subsidy? And if we make
the power rates articially low,
we will not encourage citizens to
consume only what they need.
All 15 presidential appointees to
the Mindanao Commission, com-
posed of Regional Development
Authority chairmen, will meet
Energy Secretary Jose Rene Al-
mendras and the President on April
19 in Manila to discuss the power
crisis.
The Manila meeting comes as
Mindanaos residents were told
to brace for 10- to 12-hour roll-
ing blackouts starting today due
to the shutdown of the 180-mega-
watt Pulangi hydroelectric plants
for dredging.
Ramon Floresta, RDC co-
chairman of General Santos City
Mayor Darlene Antonino-Custo-
dio, said the Mindanao Commis-
sion would argue against the sale
of the Agus-Pulangi hydroelectric
plants and power barges.
We believe the Mindanao
Power Summit has failed, so
we will recommend and hope
to enlighten and ask Secretary
Almendras and the President
to heed the sentiments of Min-
danao against privatization
and spiking power rates, said
Floresta, also president of the
Kidapawan Chamber of Com-
merce and Industry.
Ronald Barrios, KCCI member
and owner of two convenience
stores, a coffee shop and an ex-
clusive distributor of San Miguel
Corp.s B-Meg feeds and Coca
Cola Bottlers, said that contrary
to what the President claimed at
the summit, the businessmen in
Mindanao were doing their share
in absorbing the losses.
It is disappointing for the Pres-
ident to tell the people of Mind-
anao to pay more for electricity if
we do not want blackouts, Bar-
rios told the Manila Standard.
We are hurting enough... Pay-
ing more and getting less is what
we have been doing,
Barrios said it was ironic that
Kidapawan, which is host to
106-megawatt Mt. Apo geother-
mal plant, was experiencing up to
eight hours of blackouts daily.
Floresta, who owns a 250-hect-
are banana plantation and a furni-
ture business that employs more
than 1,000 workers, said the crip-
pling outages had been hurting
the businesses in Mindanao.
Floresta, whose woodwork
rm RNF Summit Industries
produces 1,500 pallets a day that
are used to transport the bananas
and pineapples being exported
abroad, has not been meeting his
delivery deadlines.
Elmer Alipuyo, RNF Summit
production manager, warned of
possible layoffs if the crippling
blackouts continued.
Bayan Muna Rep. Teddy Ca-
sio called on President Aquino
to take off his blinders on the
Mindanao power crisis and real-
ize that paying a little more for
electricity will have dire conse-
quences on the islands economy
considering that the present rates
are already high compared to the
key cities in Asia.
The premise that Mindanao
has been unjustiably enjoy-
ing cheap power rates is totally
wrong, Casio said.
True, Mindanao has lower
power rates than Luzon and the
Visayas, but Mindanao is actually
paying much more than most of
the major cities in Asia.
Casio said the latest available
comparative data showed that
Mindanao had an effective resi-
dential rate of P6.69 per kilowatt
hour. Luzon had P9.84 while the
Visayas had P8.19.
Except for the CARAGA
area, all the areas in the Mind-
anao had more expensive resi-
dential power rates than Hong
Kong, he said.
All in all, Mindanao is paying
an average of P1.82 per kilowatt
hour more for electricity than the
31 major cities in Asia and Ocea-
nia surveyed by the Japan Exter-
nal Trade Organization, he said.
If we make Mindanaos power
rates at par with the Visayas and
Luzon, the island will lose its
competitive edge. Good public
policy dictates that power rates
should be kept as low as possible
to spur investments and keep the
prices of commodities low. But
the Presidents policy is to in-
crease prices to attract private
power rms whose objective is to
sell power at the highest possible
rates. Its just crazy!
7,000...
The Metro Manila Devel-
opment said it was part of the
exercises that also focused on
humanitarian assistance and di-
saster mitigation.
The main objective of the Ba-
likatan exercises is to extend as-
sistance to our country, MMDA
Chairman Francis Tolention said.
Beijing has protested the
military drills involving Ameri-
cans near the South China Sea,
where it is locked with the Phil-
ippines and four other nations in
territorial rifts.
The same day that the exercises
started, left-wing protesters splat-
tered paint on the seal of the US
Embassy in Manila to demand a
pullout of American troops taking
part in the annual war games.
About 70 student activ-
ists took police and embassy
guards by surprise early Mon-
day when they threw blue-and-
red paint at the seaside mis-
sions main gate and scrawled
U.S. troops out now. They
also chipped away letters from
the bronze signage and burned
a mock American ag.
No arrests were made as the
protesters outnumbered the po-
lice and later walked away.
The protesters condemned
the continuing history of US
oppression and colonialism.
AP, with Macon Ramos-
Araneta and Rio N. Araja
Aquino...
he said there had been no for-
mal talks on the subject.
Binay has been fortifying the
UNAs senatorial line up for the
2013 midterm polls.
His partys possible senato-
rial candidates include boxing
champion and Saranggani Rep.
Manny Pacquiao, who recently
joined his party, the Partido ng
Demokratikong Pilipino-Laban.
Mr. Aquino said it was too
early to talk about 2016, and
that he would rather focus on
the reform agenda at hand.
The 2016 election is four
years and two months from
now. My job is to think of what
is happening now, not the next
elections, the President said.
In the House, the opposition
lawmakers said a split between
Mr. Aquino and Binay would
not bode well for the adminis-
trations candidates in the 2013
elections.
Siquijor Rep. Orlando Fua
said the announced split in 2016
was a lame excuse to cover up
the big cracks that were slowly
eroding the foundations of the
political coalition behind the
Aquino administration.
The coalition is very weak,
Fua told the Manila Standard,
referring to the Liberal Party.
He said the LP was taken
aback when Binay talked of
elding a super Senate slate
without any Liberal Party stal-
warts.
If this coalition behind
President Aquino is as strong
as it claims to be, then why did
UNA beat them to the punch in
announcing their lineup? Fua
said.
He said Binays alliance with
ousted President Joseph Estra-
das party would foil Mr. Aqui-
nos plan to gain full control of
the Senate by 2013.
The LP today controls the
285 members of the House of
Representatives, but has been
forced into an alliance in the
Senate, which installed Sena-
tor Juan Ponce Enrile as Senate
President over the known LP
senators who wanted the job.
The Presidents ally in the
House, Deputy Speaker and
Quezon Rep. Lorenzo Taada
III, a Liberal Party spokesman,
said that talk of a split in 2016
was highly speculative and
premature.
House Deputy Speaker and
Cavite Rep. Jesus Crispin Re-
mulla, a Nacionalista Party
stalwart, agreed, saying many
things could happen before the
2016 elections.
House Minority Leader and
Quezon Rep. Danilo Suarez said
an endorsement from President
Aquino would be valuable whether
or not he split with Binay.
The President will always
play a vital role. I dont think he
will be politically irrelevant by
2016. It is a big thing if a can-
didate is backed by the adminis-
tration, Suarez said.
House Deputy Minority
Leader and Zambales Rep. Mil-
agros Magsaysay, who was in-
vited to join Binays senatorial
slate, said ofcials should focus
on good governance and what
the people needed instead of the
elections and politics.
With ofcials speculating on
the vice presidents actions when
there really is no basis for sus-
picion, they are creating unrest
among the people who are count-
ing on the government to provide
stability and direction for the
countrys development, she said.
Airline...
If the agency is amiss, we
will pay the workers and then
change it.
Hundreds of Zest Airs bag-
gage loaders, customer service
agents, ramp agents and load
controllers say they have not
received their overtime and
night differential pay.
The affected employees in-
clude those in Manila and in 20
provincial destinations.
For the past three months
we have only received our ba-
sic salary of P3,900 per pay pe-
riod, one of the workers said.
It is so hard to live by our
basic salary alone because we
are forced to work overtime.
And whenever we work over-
time we spend more on food
and other items.
We have also been working
without any contract.
By Arctic standards, the region
is already buzzing with military
activity, and experts believe that
will increase signicantly in the
years ahead.
Last month, Norway wrapped
up one of the largest Arctic ma-
neuvers ever Exercise Cold
Response with 16,300 troops
from 14 countries training on the
ice for everything from high in-
tensity warfare to terror threats.
Attesting to the harsh conditions,
ve Norwegian troops were
killed when their C-130 Hercules
aircraft crashed near the summit
of Kebnekaise, Swedens highest
mountain.
The US, Canada and Den-
mark held major exercises two
months ago, and in an unprec-
edented move, the military chiefs
Cold War II looms as ice cap melts
YOKOSUKATo the worlds military
leaders, the debate over climate change is
long over. They are preparing for a new
kind of Cold War in the Arctic, anticipat-
ing that rising temperatures there will open
up a treasure trove of resources, long-
dreamed-of sea lanes and a slew of poten-
tial conicts.
of the eight main Arctic powers
Canada, the US, Russia, Iceland,
Denmark, Sweden, Norway and
Finland gathered at a Canadian
military base last week to speci-
cally discuss regional security is-
sues.
None of this means a shooting
war is likely at the North Pole any
time soon. But as the number of
workers and ships increases in
the High North to exploit oil and
gas reserves, so will the need for
policing, border patrols and if
push comes to shove military
muscle to enforce rival claims.
The US Geological Survey
estimates that 13 percent of the
worlds undiscovered oil and
30 percent of its untapped natu-
ral gas is in the Arctic. Shipping
lanes could be regularly open
across the Arctic by 2030. AP
APRIL 17, 2012 TUESDAY
A3 News
ManilaStandardToday mst.daydesk@gmail.com
Bounty up for ex-Palawan gov
SC tackles
foreigners
investment
issue today
Customs presses bid for Cebu Palace
National Grid intensifies
anti-pilferage activities
WB okays $3.6m for health program
Angry youth. Student activists are caught vandalizing the United States Embassy on Roxas Blvd. to
protest the opening of Philippine-Balikatan military execercises on Monday. DANNY PATA
Asean ally. Singapore Ambassador V.P. Hirubalan reviews honor guards who welcomed him upon his arrival at Malacaang Palace
to present his credentials to President Benigno Simeon Aquino III. Lauro Montellano Jr.
Pagcor sets
new income
record for
10
th
month
THE state gaming rm Philippine Amusement
and Gaming Corporation (Pagcor) has posted
a phenomenal P3.67 billion gross income in
March 2012, which is the 10
th
time under its new
management that Pagcor was able to break its
previous monthly income record.
Pagcor Chairman and CEO Cristino Nagu-
iat Jr. said the agencys March income was
P686 million higher compared to the P2.98
billion earnings in March 2011.
It was also much better than our P3.56-
billion target for March by P109 million, and
far better by P104 million against our P3.56-
billion gross income last February, he noted.
According to Naguiat, the feat now goes
down in history as Pagcors highest total
income ever posted for a single month since
the Philippine government went into the di-
rect management of casino operations 26
years ago.
The Pagcor chief said the income from
Pagcors own gaming operations in March
2012 reached P2.49 billion, which was a huge
P526-million increase compared to the same
period in 2011.
Our upbeat operations during the quarter
got an added boost from the strong perfor-
mance of the other gaming establishments
we regulate, like the private licensed casinos,
e-games, commercial bingo and poker clubs.
They contributed P1.17 billion to our March
2012 earnings, higher by P160 million com-
pared to the same month last year, he noted.
The state rms robust income performance
enabled the corporation to increase its remit-
tances to its mandated beneciaries.
Last March, we were able to allocate a total
of P1.85 billion as the agencys contribution to
nation-building. This was P556 million, or 43%
over the P1.29 billion contributions we made in
March 2011, Naguiat stressed.
Among the recipients of Pagcors funding
contributions in March were the Bureau of
Internal Revenue (P125 million for the 5%
franchise tax); the National Treasury (P1.18
billion); the Philippine Sports Commission
(P59 million); cities hosting Pagcor casinos
(P41 million); the Presidents Social Fund
(P200 million); socio-civic projects (P221
million); Board of Claims (P3.5 million); and
contributions to the BIR in fringe benets
taxes amounting to P13 million.
According to Naguiat, his managements
basic thrust is to make Pagcor a reliable
government ally in moving the country
towards progress. Our mandate is not only to
generate more revenues for the governments
various nation-building projects. We are also
committed to help in other areas where we can
make a difference and undertake programs
that will directly benet our fellow Filipinos,
he added. Rey E. Requejo
Justice Secretary Leila de Lima and
Interior Secretary Jesse Robredo will
discuss the amount that will be given to
anyone who could pinpoint Reyes, who
went into hiding after he was indicted
for the killing of radio broadcaster Gerry
Ortega in Puerto Princesa City on Jan.
24 last year.
De Lima said they will announce
tomorrow or on Wednesday how much
would be the reward money that will
come from the funds of the the DOJ and
DILG.
He really would not be able to leave
the country unless he uses some other
means, like [the] backdoor. But were
also on guard over these possible ports
of exit, De Lima said.
The DOJ chief warned anyone who is
aiding or abetting Reyes that they could
also face criminal charges.
There always is a liability on their part.
If theyre coddling fugitives from justice,
whether public ofcial or private citizen,
then they can be charged, she warned.
De Lima broached the idea of a possible
reward for the arrest of Reyes after the for-
mer governor still refused to surrender.
Asked for a comment on the fugitives
statement that he will not surrender, De
Lima said: Well, I have to advise him
that it would be better that he faces his
case squarely, frontally. Because if he be-
lieves in his innocence, the best way for
him to do so is to prove it in court.
You cannot prove it outside of the
court system. You have to submit your-
self to the jurisdiction of the court if you
think, if you believe that you are inno-
cent, she said, adding that ight is in-
dicative of guilt in the law.
Reyes was a client of the Justice Secre-
tary in an electoral protest case when she
was still practicing lawyer.
Earlier last month, the DOJ ordered the
indictment of Reyes, his brother Coron
Mayor Mario Reyes Jr., former provincial
administrator Romeo Seratubias, personal
aide Arturo Regalado and Valentin Lecias
after a reinvestigation by a second panel of
state prosecutors on the complaint led by
the Ortegas wife Patria Gloria.
The DOJ panel composed of Asst.
State Prosecutors Stewart Allan Mariano,
Vimar Barcellano and Gerard Gaerlan
junked the denial made by Reyes and
instead upheld the testimony of Rodolfo
Edrad Jr., another suspect who tagged the
former and his brother as masterminds of
the killing.
The DOJ prosecutors cited the admis-
sion made by the Reyes brothers in their
counter-afdavits that Edrad went to
Mayor Reyes house in Ayala Alabang,
Muntinlupa City to receive money.
The admission, they said, weakened
the respondents denial of a close asso-
ciation with the gunman who had turned
witness for the complainant.
Edrad, in his earlier afdavit, confessed
hiring gunman Marlon Recamata and other
men and then claimed that Mayor Reyes,
on instructions of Gov. Reyes, gave him
P500,000 as reward for the killing of Orte-
ga. The Reyes brothers admitted paying the
gunman but only for P5,000.
By Joel E. Zurbano
THE tug-of-war over the
Malacanang sa Sugbo intensied
yesterday after Customs
Commissioner Ruffy Biazon
urged President Benigno Aquino
III to visit the Bureau of Customs
ofce in Cebu City and see for
himself how the former warehouse
has become a grave threat to the
lives of the agencys employees.
Biazon said he has sent a second
letter to the President asking him
to inspect, personally or through a
representative, the bureaus ofce
in Cebu after it was structurally
damaged by the 6.9-magnitude
earthquake last February.
The extensive damage on the
buildings structure, interior
walls, ceiling and oors have
made the place an unsafe
building for Customs employees,
industry stakeholders and other
Customs clients.
Biazon reiterated his request
that the bureau regain the the
Malacanang sa Sugbo, which
is a property of the BoC, but
was taken from them by former
President Gloria Arroyo.
But the Cebu City government
is also eyeing the Malacanang sa
Sugbo for itself.
Thats a BoC property and we
have the right of rst refusal. Our
default action is to get back what
we already have. It is cheaper for
us, in the rst place, he said.
Biazon said he was told by Cebu
building ofcials to vacate their
current ofce due to the structural
damage on the building.
Four major cracks of about 20
centimeter in width and about
ve meters long were noticed by
the building ofcials upon their
inspection. Cracks were also
observed in certain columns of
the building.
Biazon said Mr. Aquino
himself will see that the
relocation of the BoC ofce in
Cenu is of paramount concern.
There was also an invitation
for the President to see the
current premises, Biazon said,
referring to the converted PPA
warehouse, but there ahs been
no word if the President has
accepted the invitation.
Our compelling reason is
the state of the present building
we are occupying. It has been
condemned, Biazon said.
Another big earthquake and
the place could entomb BoC
emplooyees alive, he added.
By Rey E. Requejo

THE Department of Justice and the Depart-
ment of Interior and Local Government will
soon decide how much reward money to put up
for information leading to the arrest of fugitive
former Palawan Gov. Joel Reyes.
THE Supreme Court will hear
today oral arguments of the
lawyers of the Philippine Long
Distance Telephone Company
and other businesses seeking
consideration of its June 28,
2011 decision, which redened
the term capital in relation
to the constitutional provision
limiting foreign ownership of
domestic public utilities to 40
percent.
But the petitioner, human
rights lawyer Wilson Gamboa,
manifested before the SC that
he has waived participation in
the oral arguments on the mat-
ter during its en banc public
hearing in Baguio City.
In a statement, Gamboas
son Lauro stressed that his
father has raised all possible
arguments in the memoranda
and answers to the motions for
reconsideration, which he led
before his father died last year.
Let them argue until they
turn blue, Lauro said, adding
that it is the turn of the PLDT
and other parties to raise their
arguments.
Aside from PLDT chairman
Manuel Pangilinan, other re-
spondents who sought the re-
versal of the Court ruling were
Smart Communications head
Napoleon Nazareno, the Secu-
rities and Exchange Commis-
sion (SEC), Philippine Stock
Exchange (PSE), Department
of Finance (DOF), and the
Presidential Commission on
Good Government.
Earlier, Chief Justice Renato
Corona disclosed that several
concerned individuals and
businesses have warned of the
dire economic repercussions of
the decision.
Corona admitted that the
high court did not consider
the economic implications of
its ruling on the PLDT case as
none of the parties raised the
same in their pleadings.
He said this prompted the
Court to hear the parties in an
oral argument. Rey E. Requejo
By Macon Ramos-Araneta

THE World Bank has approved
a total $3.6-million grant to
increase access to affordable
maternal health services for
low-income families in the
provinces of Leyte, Southern
Leyte, Samar, Northern Samar
and Eastern Samar in the
Eastern Visayas region.
The grant will be released
through the Global Partnership
on Output-Based Aid (GPOBA)
which explicitly targets the poor
to help address some of the
barriers to their access to quality
health services, according to
World Bank Country Director
Motoo Konishi.
He said the scheme consists
of a three-part approach:
accreditation of 45 service
providers in the project area
to ensure improved quality of
care and the capacity to meet
increased demand; enrollment
of about 145,000 families,
identied and determined as
poor by the National Household
Targeting System and a
subsidized voucher scheme
to bridge the gap between co-
payments charged by health
service providers and the
amount that target project
beneciaries can afford to pay
for approved services.
This output-based aid
scheme supports the new
governments reform agenda
to achieve universal access to
health care, said Konishi.
He said the project also
makes access to quality health
services affordable through the
subsidized voucher component
and more inclusive by explicitly
targeting the poor.
He assured it will address bar-
riers to health services access by
expanding insurance coverage of
the poor and by supporting the
upgrade of additional service pro-
viders to meet the national Phil-
ippine Health Insurance Corpo-
ration (PhilHealth) accreditation
requirements.
The National Health
Insurance Program (NHIP) has
a mandate to provide universal
health insurance coverage to all
Filipinos and a solution to the
large numbers of indigent and
informal sector workers that
remain excluded from social
health insurance coverage.
A 2010 Philippine Health
Sector Review found that reforms
in the past decades have improved
overall health outcomes.
However, disparities in
access to quality health services
and health insurance coverage
remain an issue for the poor.
THE National Grid Corporation of the Philippines, operator of the
countrys s power transmission network, has intensied its anti-
pilferage program with a series of visits to barangays traversed by
transmission lines.
National Grid said in a statement that coordination efforts with local
authorities are part of the companys program to curb the pilferage of
transmission line hardware and other materials in some communities.
The program already commissioned the services of 32 transmission
line inspectors and caretakers in various host barangays in the
province of Zambales, where there were reported cases of pilferage.
National Grid said that as a result of the joint efforts of the
barangay and law enforcement agencies, two suspected pilferers in
Zambales and Pampanga were already apprehended.
Cases were already led against the perpetrators for violating
R.A. 7832 or the Anti-Electricity and Electric Transmission Lines/
Materials Pilferage Act of 1994.
RA 7832 prohibits the possession, control, or custody of electric power
transmission line/material by any person not engaged in the transmission
or distribution of electric power, or in the manufacture of such electric
power transmission line/material. Alena Mae S. Flores

Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com APRIL 17, 2012 TUESDAY
A4
NORTH Koreas twentysomething leader,
Kim Jong Un, delivered his rst public speech
Sunday during the 100th birth anniversary
of his grandfather, Kim Il Sung. The young
Kim bears a striking resemblance to his
grandfather, who established the country and
was revered by the North Korean people.
Kim told his people that he would
strengthen the military to make it a superior
force and at par with the imperialists. A
parade then showed off the militarys cache
of weapons, including a missile.
Nobody dared mention that the speech
and the parade took place two days after the
embarrassing failure of North Koreas rocket
launch , which perhaps best showed the state
of North Koreas military capability despite
Kims grand pronouncements.
That rocket launch, to be sure, rattled
some nerves in the Philippines. Several
airlines anticipated debris falling into
their ight paths and adjusted those ights
accordingly. The National Disaster Risk
Reduction and Management Council
convened a meeting to prepare parts of
Northern and Eastern Luzon for the effects
of the launch.
The United States condemned the plan
and canceled food aid to North Korea, which
the millions of North Koreans need badly.
Kim made no mention of those setbacks
in his ery speech, of course, promising his
people that they would never have to tighten
their belt again, reported The New York
Times. Despite this rosy promise, Kim did
not say exactly how he intended to achieve
that goal. It is believed that millions of North
Koreans go hungry, with the government
spending inordinately on the military and on
other items to glorify the regime.
The young leader was groomed to speak
this way, extolling the might of the North
Korean military, speaking ill of the West
and controlling what the population thinks
and feels.
North Korea causes anxiety to the rest of
the world primarily because of the mystery
that shrouds it. The reclusive state reveals
so little of itself to the outside world. In the
same way, it isolates its own citizens from
external inuences by tight censorship of
information.
This is the environment in which
leaders like the Kims thrive and are able
to pursue their personal designs without
fear of agitating their citizens. One can
only commiserate with the North Koreans,
kept ignorant of what goes on outside their
borders and bombarded with propaganda
that extolls their leader despite the desolate
conditions they mistake for utopia.
Count it as a good thing that we Filipinos
are able to speak out about our hopes and
dissatisfactions. We are awaresometimes
too awareof what is wrong in the
government and in our society because we
see through our leaders and know where
they are coming from.
Amid all the things that we nd wrong, or
lacking, in our country, our might is that we
can agree or disagree. So long as we do it
fairly, no one will run after us for doing so.
Show of might
Noynoying
in Mindanao
EDITORIAL
Save Jessica!
READERS whove been tracking the
phenomenal progress of 16-year-
old Jessica Sanchez through the nal
rounds of the hit TV show American
Idolnow 11 years on the air, only
ve years shorter than Jessicas own
lifetimegot the shock of their lives
when the precocious singer was voted
off the show by American televiewers.
The shows veteran judge, recording
producer Randy Jackson, spoke for
a lot of viewers when he described
last weeks selection of the bottom
three contestants as the worst such
combination hed seen in his entire stay
on the show. His outrage was shared
by the other two judges, musical icons
Steven Tyler and Jennifer Lopez. At
the end of the show, all three of them
jumped onstage, cutting Jessica off mid-
song, in order to cast their once-only
save option for her.
Jackson admonished the shows
viewers to be sure next time to cast their
votes only for the bestan appeal
for the shows integrity as much as for
Jessica. As often happens, whenever a
contestant displays outstanding talent,
viewers may not bother anymore to vote
for him or her because they assume that
talent alone will carry the contestant
through. And in Jessicas case, with
her powerful voice, effortless delivery,
and instinctive showmanshipset off
by an Asian kind of demurenessthat
assumption might well be forgiven.
But at the end of the day, it all boils
down to how many votes can be coaxed
out of an American TV audience that
spans three time zones and a bewildering
demographic stew. And in Jessicas
case, we see once again the complicated
dynamics of race and culture that
pattern the everyday lives of millions of
immigrants and other people of color in
the US, periodically surfacing in public
events like TV shows to remind us that
America can be so different from the
rest of the world, but so much the same
as well.
In this instance we have Jessica
Sanchez, a typical California teenager,
whose father is Mexican and whose
mother is Filipina. The parents are later-
generation immigrants, with no trace
of homeland accents. Jessica herself
with her dusky complexion, sloe eyes,
generous lips, and slight builtlooks
nothing like her father (could he be just
her step-dad?). And of course, those
pipes and that talent could only come
out of Manila, not Mexicoas any
Filipino would assure you.
The Mexican and Filipino American
communities share a lot of the same
space, mostly in California. Relations
between both groups are generally
amicablethe product of shared
history going as far back as the
galleon trade between the two Spanish
colonies centuries ago, and as recently
as the regular battles between boxing
icons like Manny Pacquiao and Juan
Miguel Marquez (three times now).
The pugilists from both countries will
invariably kneel and cross themselves
before a bout in deference to a shared
Catholic heritagethough the Church
fared much better here than in Mexico,
where it was long marginalized from
public life by an anti-friar tradition of
insurrection.
These two communities are the rst
and second largest immigrant groups,
respectively, in the US. It is much easier
for Mexicans to slip across the border
into the country, wide swathes of which
used to be Mexican territory. Once
inside, with their limited education and
English skills, Mexicans gravitate to
the lower-level jobs. A proud people,
they thus become very prickly about
their ethnic identity and tend to vote
Democrat, the home party of identity-
based politics.
By contrast, Filipinos wishing to
immigrate to the US face more daunting
obstacles from an ocean away. Once
they get there, though, they can rely on
relatively higher education and English
skills to win higher-level jobs, which in
turn facilitates their natural inclination to
blend into the American mainstream as
quickly as possible. This is why they tend
to vote Republican, and also why there
are much fewer political leaders from
their communitybecause, by seeking to
integrate so quickly, Fil-Ams also give up
the loyalty to each other that immigrants
need to launch political careers.
Unfortunately for these two groups,
other Latin American and Asian
communities tend to look down on
them, despite their size and rapid
growth. Blacks tend to be threatened
by immigrants in general, who come in
willing to take the jobs they are likely
to disdain. And among many white
Americans, Mexicans and Filipinos are
regarded as just more people of color,
burdened with additional baggage
purveyors of a different language and
culture (in the Mexicans case, to the
point of deliberate cultural separatism);
new immigrants, often illegal, and
prolic breedersarrivistes who
havent yet paid their dues to the
American melting pot.
This is the heritage that Jessicalike
it or notwill be presenting to millions
of American televiewers. It will not be
working in her favorone reason why
both Filipino and Mexican Americans
need to turn out as never before to throw
their support behind her in the weeks to
come.
If the combined strength of both
communities could lift this shared child
of theirs to well-deserved success, what a
statement indeed that would make to her
global audienceabout the generosity,
the equity, the exceptionalism of the
American experience! And therein
lies the real reason why she should be
supportedbecause of the opportunity
it gives her home communities to
make their adoptive country shine, once
again, before the rest of the world.
gbolivar1952@gmail.com
PRESIDENT Noynoy Aquino likes
to brag that his closest allies are as
pure as the driven snow, unsullied by
even a whiff of
corruption. But
sometimes you
have to wonder if
he really knows
these people
and, if he does,
chooses to ignore
their shady pasts.
Just before
Holy Week, a
gaggle of three
(yes, three)
h e l i c o p t e r s
forming the
ofcial party of
Aquino arrived
at the birthday party of a Southern
Luzon congressman. This was
certainly high praise for the neophyte
lawmaker, who basked in the glory
of being important enough to deserve
such an extravagant visit from Aquino
while power outages were bedeviling
22 million people in Mindanao.
The congressman is facing charges
that he absconded with half a billion
pesos in public funds intended to
buy land for a government project
in his province, led initially by the
local Commission on Audit ofce
and now being heard by the CoA
headquarters in Quezon City. Apart
from the disappearance of the funds,
the congressman also stands accused
of taking illegal commissions from
the purchasesomething unheard of
in all purchases made by government.
But the congressman apparently
moved heaven and earth to make
Aquino come on his birthday,
to send the message that he was
untouchable. And Aquino
may not have known about the
congressmans checkered past, since
he was apparently convinced to visit
by another lawmaker representing
a nearby district; this second
congressman plays a very important
role in the House-led prosecution
of impeached Chief Justice Renato
Corona in the Senate.
Its either that or Aquino, as has
been widely rumored in the past,
just cant resist a party. And show
everyone that while some big shots
can drop in riding a chopper, it takes
Aquino to really darken the sky with
three whirlybirds when he comes
a-visiting.
You have to wonder, though,
whos paying for the fuel of all three
helicopters Aquino uses like they
were mere Nissan Safaris belonging
to the Presidential Security Group.
And who owns the choppersand
what they expect to get in return from
Aquino.
* * *
Speaking of Mindanao, that was
a well-thought out speech given by
Aquino during last weeks energy
summit at Davao City. The only
trouble with Aquino telling the people
of the island that they needed to pay
more money if they wanted more
electricity is that, in true noynoying
fashion, the President told them to do
so nearly two years too late.
Yes, Mindanaos long-predicted
electricity supply shortfalls should
have been addressed by Malacanang
from the get-go, when it assumed
ofce in the middle of 2010. And no,
Aquinos former classmate and close
buddy Energy
Secretary Rene
Almendras, who
knew about
the Mindanao
situation, cannot
be absolved for
noynoying about
the problem also,
even if his boss
is guilty of the
same thing.
For instance,
Almendras must
have known that
the rehabilitation
of the Agus-
Pulangi hydropower complex, whose
deterioration is the main cause for the
Mindanao blackouts, was one of his
top priorities when he assumed ofce.
Almendras must also have pushed
for the creation of a power grid for
the entire Mindanao, to facilitate the
use of excess power in one part of the
island to other parts where demand
is high. (Mindanao, unlike Luzon
and the Visayas, still has no grid to
centralize and distribute power to this
day.)
Almendras could have made it his
business to connect Mindanao to the
Visayas grid as a backup, something he
knew (as a former Aboitiz executive)
was perfectly possible. Knowing also
how Aboitiz had entered into forward
supply contracts for its power barges
to ensure supply and shield consumers
from price spikesas both blackout-
proof Cagayan de Oro and Davao
City have doneor even tried Cebus
unique system of paying businesses
to use their generators regularly, with
the power supplier paying for the cost
difference.
Heck, as Aquinos energy czar,
Almendras could have convinced
the many power cooperatives in
Mindanao to accept that they had
to pay higher for steady electricity
using a supply mix that wasnt too
dependent on seasonal hydropower, if
he had really wanted to. At the very
least, he would have started bidding
and work on new power plants
something Almendras knew would
take at least three years for each one.
But Almendras, for reasons
idiotic like noynoying or sinister like
privatizing power assets, did nothing
of the above. In fact, prior to the
start of the island-wide blackouts,
Almendras only claim to fame was
allowing Aquino to use his cellular
phone to contact women who caught
the eye of his noynoying boss
who must now reap the whirlwind
for the mess that neither he nor his
energy secretary thought was all that
important to begin with.
In other countries, a Cabinet
member like Almendras would have
been red if he did not resign in shame
rst. But because he is a card-carrying
KKK member directly inuenced
by the reality distortion eld of his
boss, thats just not going to happen.
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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Aquino, in
true noynoying
fashion, steps into a
problem two years
too late.
A5 Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com
IN SEPTEMBER or October last
year, concerned employees of the
Development Bank of the Philippines
led a complaint before the Ofce
of the Ombudsman against their
chairman, Jose Nuez Jr., for graft and
corruption and violation of the Code
of Conduct and Ethical Standards for
Public Ofcials.
The same complaint was also
led before the Bangko Sentral ng
Pilipinas.
This happened after the suicide of
DBP lawyer Benjamin Pinpin, who
took his own life
because of a show-
cause order from
Nuez.
Nuez is
a protg of
b u s i n e s s m a n
Salvador Buddy
Zamora, a
contributor to
President Benigno
Aquino IIIs
campaign in 2010.
S t r a n g e l y ,
eight months have
passed and no
action has been
taken by Ombudsman Conchita
Carpio-Morales or BSP Governor
Amando Tetangco.
I have written about this before
and I do so again now. How does
the inaction of the two agencies
t into the much-vaunted Daang
Matuwid or straight and narrow path
of President Aquino?
The bank employees say that
for the first time in the history
of the bank, the chairman of the
board of directors, Jose A. Nuez
Jr., has entirely thrown caution to
the wind and has acted with utmost
impropriety by:
Cavorting in his provincial sorties,
under the guise of project visits, but
actually to play golf;
Worse, in these sorties, he solicited
and used, in gross violation of
ethical standards for public ofcers
and employees and for his personal
benet, the private plane of a bank
client, who has several accounts
with the bank, the approval of which
are often within his and the board
authority; and
When the accounts of said
client were taken up in the board
for approval, the chairman of the
board, being a known lackey of the
client and a director of the latters
company, did not even bother to
inhibit himself from the proceedings
even for delicadezas sake, and had
the temerity to preside in the voting
for the approval of the clients
accounts.
The client referred to is Zamora,
a friend of President Aquino. Nuez
was reportedly a former chief of staff
of Zamora. This was why Nuez
managed to be named bank chairman
even though he was not known in
banking circles.
The complaint listed violations of
the Anti-Graft and Corrupt Practices
Act by Nuez in using Zamoras
planes as follows:
September 2, 2010to General
Santos using the bank clients
Lear Jet,
Sometime in November 2010
to Cagayan de Oro using the bank
clients Lear Jet again,
November 25-26 2010to Vigan,
Ilocos Sur using the bank clients
King Air plane,
Sometime in January 2011to
Batangas for a golf tournament using
the bank clients private plane.
Zamora reportedly has several
loans from the DBP.
So why isnt Ombudsman Carpio-
Morales acting on the employees
complaint? Daang matuwid, my foot!
And why isnt the Bangko Sentral
also not doing anything?
Section 16 of the General Banking
Law of 2000 prescribes the t
and proper rule of bank directors
and ofcers, stating that after due
notice to the
board of directors
of the bank, the
Monetary Board
may disqualify,
suspend or remove
any bank director
or ofcer, who
commits or omits
an act which
render him unt
for the position.
In determining
whether an
individual is t
and proper to
hold the position
of director or ofcer of a bank,
regard shall be given to his integrity,
experience, education, training and
competence.
Well, isnt Nuez a bank ofcer
who must be subject to the same
tness standards?
Its quite obvious that theres a
double standard of accountability here
one for friends of the President, and
another one for his political enemies.
***
Vice President Jejomar Binay need
not explain the organization of the
United National Alliance, a joining of
forces of his PDP-Laban and former
President Joseph Estradas Partido
ng Masang Pilipino, as well as other
political parties like the Nacionalista
Party, Nationalist Peoples Coalition,
and some members of former
President Gloria Arroyos Lakas-
Kampi.
Why should he? Binay is not
beholden to President Aquino for
anything. He ran under his own
party, and not under the Liberal Party
which the President heads.
If Malacaang and the Liberal
Party are having sleepless nights
on the formation of the UNA, I
cant blame them. The UNA does
present a formidable challenge to the
administration party.
Maybe the Liberals should also
seek a coalition with others. I doubt
whether it could do this, though. UNA
is now the predominant political
party.
***
Pilipino Mirror, a mass-circulated
daily tabloid in Taglish, was launched
Monday by the ALC media group.
ALC stands for Antonio Cabangon
Chua, whose conglomerate also
publishes Business Mirror and
Graphic and a dive magazine called
View. The ALC Group also has
DWIZ, and Insular Broadcasting
System.
I wish the ALC Group the best in
this new venture.
A case of graft
and corruption
Mindanaos energy future (2)
IN CONTINUING to make the case
that Mindanaos energy future should
be bet on renewable energy I rely again,
as I did last Saturday, on the arguments
of Mr. Ramon C. Abaya, deceased
Chairman of the Cagayan Electric
Power and Light Company, Inc. and
renewable energy visionary, who just
before he died, sent me an article on
why solar energy is affordable and the
right choice for Mindanao. According
to Abaya, arguing for Feed-in-Tariffs
(FiTs) for solar energy:
FiTs are productivity based; each
centavo raised hinges on each users
consumption, thus incentivizing more
production on the developers part; it
is clearly the opposite of a take or pay
scheme whereby a minimum is paid
regardless of consumption. Subsidies
from the government hinge on tax
rates and its collection performance.
How stable and certain are those?
How efcient has any government
conducted its income transfers? Guess
which system can potentially undermine
the economys macro-economy, when
decits are exacerbated by imports with
uctuating prices outside of anyones
control.
Solar hardly competes with base load
plants running on coal; it competes with
technologies that are available during
the day, over and above base loads. In
Mindanao, where supply is tight, solar
will displace oil red units forced to run
even at the start of day, turning what
are otherwise suppliers of energy at
high costs into replenishing reserves.
Compare solars rate impact of only
2.28 centavos to the variable costs of
running an oil red plant, now hitting
more than 9 pesos per kwhr. Solars
addition to blended rates are 2.28
centavos, while that of oil is estimated
to be about 3x higher. In either case,
solar wins hands down.
Under a feed-in tariff scheme, the
subsidies are the difference between
FiTs and the costs of units displaced
(at 4.50 according to NREB). They are
multiplied by solars generation, before
they are spread over the countrys total
consumption, resulting in what are
known as retail impactsthe increase
per kwhr that each customer pays.
The volume produced (139 284 MWH)
by solarless than half a percent of
total demandis so small that when
you blend it with total nationwide
consumption (67,743,000 MWH), you
turn the wholesale costs of 17.95 pesos
to a mere 2.28 centavos at retail.
FiTs are not the same as FiT
impacts; FiTs are wholesale rates,
while impacts are at retail. FiTs are
in terms of kwhr produced; while
impacts in kwhr consumed. FiTs are
the cost of production while impacts
are the price of consumption. The
contrasts are stark. Our experience
in running oil fired units as standby
in the past 16 years show that
oil prices have been on a marked
upward trend of about 9 % to 12%
a year; but who is to say what they
will be next year, or 4 years from
now. You can be sure they will go up
in the long term. And yet one of the
complaints against renewables is that
their rates are xed for 20 years! They
will decline in real terms.
You cannot repeat it often enough:
solars impact on retail when 100mw
shall have been reached within 3 years,
is 2.28 centavos per kwhr. Solars retail
impact is lower than those for wind
(3.74), biomass (4.12) even if its FiTs
are the highest. And there are other
benets as well: the taxes and fees
that 400 million US dollar investments
will add to the national treasury; and
the number of new jobs generated,
the benets of clean air and a pristine
environment, the dampening of extreme
weather patterns, and the reduction in
public health hazards. While these are
hard to value, they are anything but
trivial, and you ignore them at your and
the future generations peril.
Energy independence, the use
of inexhaustible resources, and
economic growth without harming
the environment: these are some of
the Renewable Energy Acts policy
declarations. Are these goals still
debatable? Isnt it time to get on with
the implementation?
Abayas call to implement the RE
act is a good way to sum up this two-
part column on the energy situation
of Mindanao. To go renewable is
not only environmentally sound but
economically efcient; and yes, it is the
ethical, right thing to do to secure the
energy future of our great island.
E-mail: tonylavs@gmail.com Facebook:
tlavina@yahoo.com Twitter: tonylavs
EMIL
P. JURADO
TO THE POINT
DEAN TONY
LA VIA
EAGLE EYES
By Giorgia Denise Danga
GREENthe fourth color of the
rainbow, the hue of the go-signal on a
trafc light, the shade of my checkered
uniform, Kermit the frogs skin tone.
But theres much more to the green. It
is the pigment that gives color to plants.
Green is life.
That day in September 2009 was an
eye-opener for all of us. It was raining
hard. I love the rain, I really dobut
not this one. I was eating lunch with
my family when ood water entered
our house. I lost my appetite seeing
tetra packs, plastic bags and used
diapers oating around our residence. I
never believed that I could actually see
what I saw, just like the movies-trucks
loaded with people, houses completely
submerged in rain water and mothers
carrying their children to safety.
Ondoy brought loss of lives and
properties. And after that day, I asked
myself: What has happened to our world?
Is this what they warned us about over and
over, that we should take care of Mother
Nature before it strikes back?
I realized the Earth has already
stricken, Im sure that theres more to
come.
There are billions of people around
the globe. What can a 16-year-old do?
Life is a series of causes and effects.
Its a huge game of domino; one wrong
move and the rest will follow. Imagine
how a piece of candy wrapper can lead to
your death. You eat a candy then throw
the packaging along the sidewalk. The
weathers kind of windy and leads it to
the canal which is where rats and pests
live. Your candy wrapper clogged the
drainages and unfortunately the weather
forecast is not very good. It rained so
hard that it ooded the whole town. And
as you dive into the waters to go to the
evacuation center, you got a laceration
from the broken glass that you didnt
see because of the dark waters. After
a while, you realize that you got the
leptospirosis and then eventually die
of the rats urine. Now this may sound
exaggerated but the whole point here is
that every single action has its parallel
reaction.
Now, what really causes Earths
destruction; primarily three things-
carbon dioxide, pollution and human
ignorance. The carbon dioxide being
emitted by our consumption of energy
leads to the so-called global warming.
Global warming that results in climate
change which is slowly murdering our
planet. Species extinction due to loss
of habitat, rampant diseases, extreme
temperature change, all of these are
slowly killing us. We cannot actually
blame Mother Nature for all the
calamities that have happened. Well in
fact, we people are the root cause of the
chaos. We people have needs and God
has given us everything we need. Its
just that we tend to become selsh and
ignorant that we dont realize that we
are becoming so abusive. After cutting
that tree, throwing that garbage in the
sea and taking a long hot bath in that
shower, we human beings still dont
know how to appreciate and give back.
Im quite sure we all are guilty of
being irresponsible inhabitants of planet
Earth. Its not too late. We could still
do tons. Start step by step and create a
Green Schedule on your planner. On
a Monday start by remembering the
three Rs: Reduce, Reuse and Recycle.
The next day, you could convince mom
and dad to switch to organic food.
Theyre healthier and better for the
land. On Wednesday wear shirts with
environmental friendly slogans. When
you see litter, pick it up and throw it in
the nearest trash bin on Thursday. And
on Friday, use both sides of the scratch
paper of your math test. Why not spend
your Saturday giving your computer a
rest and spending more time outdoors
with your bike? And on Sunday, try
joining the community clean-up events
near your home. The next week, why
not grow your own garden, remind
everyone to unplug appliances and
switch off lights when not in use, carry
an eco-friendly tote bag when shopping,
turnover your recyclable materials to
the junkshop or save water by taking
shorter showers? The list goes on. And
if you continue doing this regularly, in
no time youll be realizing that your
little help does big wonders.
We really should take care of the
blue planet before its too late. Even if
NASAs already working on it, I still
believe that you cannot nd life in any
other place besides Earth. Earth I can
say is the most blessed place in the
universe simply because of the word
life. There is only one Earth, once its
gone, we can never bring it back. We
should begin actually listening to all the
warnings and start living green. Life
is short, Earth is slowly dying. Dont
just stand there and stare. Make a move
while you still can.
Ms. Danga just graduated from
high school from St. Matthew College,
San Mateo Rizal.
Everyman is Manila Standard Todays
new column for citizens commentary on
pressing issues in the Philippines and
in the world. Anybody who feels he or
she has something of value to add to
the discussion on the pertinent issue is
encouraged to contribute.
Articles must be between 600 and 800
words. Please send them in MS Word or
any compatible format to adellechua@
gmail.com or mst.lettertotheeditor@
gmail.com
Earth: limited edition
The
Ombudsman and
the Bangko Sentral
have not acted on
this complaint.
Why?
EVERYMAN
By Richard Rubin
PRESIDENT Barack Obama and his
wife, Michelle, paid 20.5 percent in fed-
eral taxes on $789,674 in adjusted gross
income for 2011, injecting his personal
nances into the political ght over tax
policy.
The Obamas reported earning less
than half of the $1.7 million they made
in 2010 and less than 20 percent of the
$5.5 million they made in 2009, accord-
ing to tax returns released yesterday by
the White House. Their tax rate declined
from 26.3 percent in 2010 and 32.6 per-
cent in 2009.
Obama, whose salary as president is
$400,000 a year, received most of the
rest of his 2011 income from sales of his
books. His gross income from book sales
declined to $487,928 for 2011 from more
than $1.5 million the previous year.
As the April 17 tax-ling deadline
nears, Obama has been emphasizing his
tax-fairness campaign theme and promot-
ing a proposal to impose a minimum tax
on those earning $1 million or more a
year. That measure, known as the Buffett
Rule, was scheduled for a procedural vote
in the Senate on Monday, April 16.
The administration put a Buffett Rule
calculator on the White House and cam-
paign websites. With a few keystrokes,
a taxpayer can determine how many
millionaires pay a lower effective tax
rate than you.
If the Buffett Rule were in effect, the
Obamas wouldnt be subject to its pro-
visions because they earned less than $1
million for 2011. They would be affected
by other tax policies the president is pro-
posing.
Paying more taxes
Under the presidents own tax pro-
posals, including the expiration of the
high-income tax cuts and limitations on
the value of tax preferences for high-in-
come households, he would pay more in
taxes while ensuring we cut taxes for the
middle class and those trying to get in it,
Jay Carney, the White House press secre-
tary, said in a blog post.
The Obamas overpaid taxes during the
year and requested that their $24,515 re-
fund be applied to their 2012 tax payment.
They donated $172,130 to charitable or-
ganizations, or 21.8 percent of their ad-
justed gross income.
The charitable donation gure is a
lower dollar amount and a greater per-
centage of their income than for 2011,
and its a big reason why their tax rate is
lower than that of many households with
incomes in that range.
According to the nonpartisan Tax Poli-
cy Center in Washington, households with
cash income of between $500,000 and $1
million in 2011 paid an average of 23.7
percent of their adjusted gross incomes in
federal income taxes.
Military charity
The largest recipient of the Obamas
donations was the Fisher House Founda-
tion, which provides lodging to relatives
of hospitalized members of the military
and scholarships to children of deceased
and disabled soldiers. The Obamas gave
$117,130 to the organization in 2011.
In 2011 they donated $5,000 each to
the Boys & Girls Club, Habitat for Hu-
manity, the United Negro College Fund
and Sidwell Friends School, which their
daughters attend.
Unlike last year, the Obamas were sub-
ject to the alternative minimum tax, the
parallel tax system for high earners. The
AMT added $12,491 to their tax bill for
2011.
Steven Bankler, an accountant in San
Antonio, Texas, said the presidents re-
turns dont show smart money manage-
ment because his investments are in low-
yield US government securities and he is
most likely paying interest on the mort-
gage of his Chicago home at a higher rate
than he is earning.
He manages his money pathetically,
Bankler said. Hes got it backwards. This
is a man thats trying to tell us how to
make decisions on managing our money.
Book earnings
Bankler also questioned Obamas de-
cision to report his book earnings as busi-
ness income subject to self-employment
payroll taxes. He wouldnt have to pay
those taxes if he reported the income as
royalties.
More than half of Obamas book sales
occurred outside the US, according to his
foreign tax credit form.
Anthony Nitti, a tax partner at Withum-
Smith & Brown in Aspen, Colorado, said
Obama appears to have taken a relatively
conservative approach to his tax return.
To me, his return looks like its been
carefully considered for public release,
he said.
Use of the White House doesnt count
as income under a section of the tax code
that allows the exclusion for people who
are provided meals and lodging for their
employers convenience. Presidents
havent reported the personal use of gov-
ernment resources tied to their security,
such as Air Force One, as income.
Secretarys rate
Obama pays a slightly higher tax rate
than his secretary, said Amy Brundage,
a White House spokeswoman. Anita J.
Breckenridge is paid $95,000 a year, ac-
cording to the 2011 White House report to
Congress on staff salaries. Brundage de-
clined to provide details about Brecken-
ridges tax rate or return. The Buffett Rule
is named for billionaire investor Warren
Buffett, who says he pays a higher tax rate
than his secretary does.
Vice President Joseph Biden and his
wife, Jill, reported paying $87,900 in fed-
eral taxes for 2011 on $379,035 in adjust-
ed gross income for a 23.2 percent rate.
The White House released the Bidens tax
returns on Friday.
Citizens ought to be able to know
that everyone one else is paying their fair
share as well, Biden said April 12 at a
campaign event in Exeter, New Hamp-
shire.
But the truth is you know theyre
not, he said. The truth is, when you pay
those taxes, you know not everyone is
paying their fair share.
The Bidens donated $5,540, or 1.5
percent of their adjusted gross income, to
charity in 2011. Bloomberg
The Obamas and their taxes
News
ManilaStandardToday
mst.daydesk@gmail.com APRIL 17, 2012 TUESDAY
A6
Customs trims press corps
to 40 from 400 mediamen
IN BRIEF
Vagrants get Luneta jobs
Isabel Olis househelp
takes off with P100,000
ACTRESS Isabel Oli has lost
P100,000 in cash and personal
belongings after her maid of four
months took off while the actress was
working out of town.
Oli told police she leanred of
the theft when she found her room
in disarraty after returning home in
Fairview, Quezon City at around 8
p.m. on Sunday from an out-of-town
video recording. She lost some cash,
two expensive wrist watches, two
cell phone units and a digital camera,
all worth around P100,000.
The actress said her house maid,
Lorna Baliba, 38, was also missing.
Oli said she hired Baliba solely on
the maids claim that she was once
a housemaid of her friend, actress
Angel Locsin, but she failed to verify
the claim.
It was only after the theft that she
called Locsin, who told her that Baliba
had been victimizing other actors and
actresses. Rio N. Ar aja

Victims urged to testify
vs. 2 extortionist cops
MANILA Mayor Alfredo S. Lim
yesterday urged those who have been
victimized by two Manila policemen
to come out and lodge a complaint
against the cops whom he ordered
summarily dismissed for extorting
money from two Koreans .
Lim issued the call after Iwasaki
Kinitchi surfaced with the same
complaint against PO2 Reynaldo
Faller Olivo, 37, and PO1 Vincent
Paul Ubaldo Medina, 26, both
assigned to Station 5 of the Manila
Police District.
The two allegedly extorted money
from Korean nationals Lee Jun Hee
and Baek Sung Kyun, who were just
walking around the Malate Church
last April 7. The Koreans allegedly
gave the policemen P20,000 in cash.
Kinitchi, for his part, complained
that the two policemen accosted
him on April 4 and threatened to
le unknown charges against him if
he does not give them money. The
tourist gave them a total of P155,000
in cash. Macon Ramos-Ar aneta
Model citizens. Taxpayers try to cheerfully comply with their obligations to the country
as they qeue to le their tax returns at the Bureau of Internal Revenue on Quezon Avenue
in Quezon City. MANNY PALMERO
CRACKING down on psuedo-journalists
peddling inuence at the Bureau of Customs,
the agency has ofcially accredited 40
reporters, cameramen and photographers,
only 10 percent of 400 who were accredited
in the past.
Elenita Abano, head of the Customs
Public Information and Assistance Division
(PIAD), said about 55 media outts ofcially
sought accreditation with the bureau, ahead
of the No-ID, No Entry policy scheduled
to be implemented soon.
So far, some 117 media practitioners
have applied for accreditation. Of the
117, 40 have already received their Radio
Frequency Enhanced ID cards (RFID)
which grants them access to any ofce in
the bureau.
The rest of the ID applications are still
being assessed and processed, Abano added.
Two media groups have questioned the
policy before the Supreme Court for alleged
violation of freedom of the press and asked that
it be struck down, but the high court did not
issue a temporary restraining order and allowed
Customs Commissioner Ruffy Biazon to push
through with the accreditation policy.
Biazon ordered the Enforcement and
Security Service to enforce the policy aimed
to weed out fake journalists who allegedly
protect smugglers.
Biazon said those without accreditation
can still enter BoC premises as long as they
have visitors pass.
However, they cannot perform their
functions as media, covering BoC and
interviewing ofcials since they are not
accredited, he pointed out.
The Customs Media Association Inc.
and the Customs Tri-Media Association
Inc. earlier asked Biazon to recognize them
as legitimate media entities, and to honor
the use of the CMAI and CTMAI IDs as
valid instrumentality in covering Customs
activities, but Biazon turned down the
request. Joel E. Zur bano
National Parks Development
Committee (NPDC) executive
director Juliet Villegas said
around 200 vagrants between
18 to 59 years old were hired
under the program and are now
getting a wage of P303 a day
for their services.
Although we pity them,
we do not want to teach them
to rely on begging for alms for
their livelihood, Villegas said
as she explained the partnership
her agency is pursuing with the
National Capital Region ofce
of the Department of Social
Welfare and Development. We
want to provide the poor with
clean, decent jobs.
Villegas said the project is in
line with DSWDs campaign to
provide assistance to Filipinos
who make a living by asking for
alms all over Metro Manila.
She said NPDC is
conscientiously working with
DSWD to provide alternative
jobs to street dwellers around
the Luneta instead of leaving
them to beg for money, which
only encourages them to depend
on hand-outs for the needs of
their families.
The NPDC was created
by Executive Order No.
30, issued in January 14,
1963, by then President
Diosadano Macapagal for the
development of the Quezon
Memorial Circle, Luneta, and
other national parks.
It is now currently tasked
to develop, administer and
manage the Rizal Park in
Ermita, Manila, the Paco Park
in Paco, Manila and the Pook
ni Maria Makiling Forest Park
in Los Banos, Laguna.
Meanwhile, a group of
children, aged 10-17, gathered
at the Lancaster Hotel on Shaw
Boulevard in Mandaluyong
City yesterday for a three-day
conference.
Participants from different
parts of the country are expected
to articulate their understanding
of a Child Friendly Philippines
as a Caring and Protective
Society for Children and
craft a Childrens Statement
articulating how they can
be engaged by government
in building a child-friendly
Philippines.
Likewise, they will select
the children-delegates to the
ASEAN Childrens Forum,
a mechanism for child-
participation within the
ASEAN.
Emerging issues and threats
to making the Philippines a
child-friendly society will
be discussed during the
conference such as violence
against children, Internet
safety Access, impact of media
on young minds, disaster risk
reduction and management
and how children can help in
the changing climate and the
ASEAN Childrens Forum.
The event is organized by
the Council for the Welfare of
Children, an attached agency
of the Department of Social
Welfare and Development, in
collaboration with the National
Committee on Child and Youth
Participation and UNICEF-
Philippines.
Republic of the Philippines
Department of Public Works and Highways
OFFICE OF THE DISTRICT ENGINEER
Davao del Sur 2
nd
District Engineering Offce
Buhangin, Malita, Davao del Sur
I NVI TATI ON TO BI D
The DPWH Davao del Sur 2
nd
District Engineering Offce, Buhangin, Malita, Davao
del Sur, through its Bids and Awards Committee (BAC), invites contractors to apply
to bid for the following contracts:
1. Contract ID # : 12LE0012
Contract Name : Installation of Thermoplastic Pavement Marking
Contract Location : Digos-Makar Road and Malalag-Malita Road
(including Pedestrian lane) and Road Sign along
Malalag-Malita Road
Brief Description : Pavement Markings and Road Signs
Approved Budget for
the Contract (ABC)
: Php 6,999,920.70
Contract Duration : 30 CD
Procurement will be conducted through open competitive bidding procedures in
accordance with R.A. 9184 and its Revised Implementing Rules and Regulations.
To bid for this contract, a contractor must submit a Letter of Intent (LOI) 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 10 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. The BAC will receive LOI upon
payment of a non-refundable fee of (N/A).
Unregistered contractors, however, shall submit their applications for
registration to the DPWH-POCW Central Offce before the deadline for the receipt
of LOI. The DPWH POCW-Central Offce will only process contractors applications
for registration, with complete requirements, and issue the Contractors Certifcate of
Registration (CRC). Registration Forms may be downloaded at the DPWH website
www.dpwh.gov.ph.
The signifcant times and deadlines of procurement activities are shown below:
1. Issuance and Availability of
Bidding Documents
From: April 16, 2012-May 7, 2012
2. Pre-Bid Conference 10:00AM- April 23, 2012
3. Receipt of LOIs from Prospective
Bidders
Deadline: 5:00 PM of May 2, 2012
4. Receipt of Bids Deadline: 2:00 PM of May 2, 2012
5. Opening of Bids May 7, 2011 @ 2:00 o'clock in the afternoon
The BAC will issue hard copies of Bidding Documents (BDs) at DPWH, Malita,
Davao del Sur, upon payment of a non-refundable fee of Ten thousand pesos (Php
10,000.00). Prospective bidders may likewise download the Bidding Documents
(BDs), if available, from the DPWH website. Prospective bidders that will download
the BDs from the DPWH website shall pay the said fees on or before the submission
of their bids documents. Bid must accompanied by a bid security, in the amount and
acceptable form, as stated in Section 27.2 of the Revised IRR.
Prospective bidders shall submit their duly accomplished forms as specifed in
the BDs 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 DPWH, Davao del Sur 2
nd
District Engineering Offce, Buhangin, Malita,
reserves the right to accept or reject any or all bid and to annul the bidding process
anytime before Contract award, without incurring any liability to the affected bidders.
(Sgd.) JOSEPHINE C. VALDEZ
BAC Chairman
DPWH, Davao del Sur 2
nd
DEO
Buhangin, Malita, Davao del Sur
8012
NOTED:
(Sgd.) NOE V. PLACER
District Engineer
(MST-Apr. 17, 2012)
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
Regional Offce No. IV-A (CALABARZON)
OFFICE OF THE DISTRICT ENGINEER
Quezon 3rd Districtr Engineering Offce
Catanauan, Quezon
(MST-Apr. 17, 2012)
I nvi t at i on t o Bi d No. 2012-05
The Department of Public Works and Highways (DPWH), Quezon 3rd District
Engineering Offce, Catanauan, Quezon, through its Bids and Awards Committee
(BAC), invites contractors to bid for the following contract(s):
1. Contract ID: 12DM0026
Contract Name: Improvement/Rehabilitation of Padre
Burgos-Pototanin Junction Road
Contract Location: Agdanga-Unisan Section
Scope of Work: Asphalt Overlay
Approved Budget for the Contract: Php10,000,000.00
Contract Duration: 60 Calendar Days
Cost of Biding Documents: Php10,000.00
2. Contract ID: 12DM0027
Contract Name: Construction of Segaras-Yugno and
(Umagos) Sections Farm to Market Road
Net Length: 7.20 k\Kms.
Contract Location: Brgy. Camplora, San Andres, Quezon
Scope of Work: Construction
Approved Budget for the Contract: Php23,280,000.00
Contract Duration: 150 Calendar Days
Cost of Bidding Documents: Php20,000.00
The BAC will conduct the procurement process in accordance with the Revised
Implementing Rules and Regulations of Republic Act No. 9184. Bids received in
excess of the ABC shall be automatically rejected at the opening of bid.
To bid for the contract, a contractor must submit a Letter of Intent (LOI) 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 (10) years, and (d) Net
Financial Contracting Capacity at least equal to ABC, or credit line commitment for at
least equal to 10% of the 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 set for the receipt of LOIs.
The DPWH POCW-Central Offce will only process contractors applications, with
complete requirements, for registration and to be issued the Contractors Certifcate
of Registration (CRC). Registration forms maybe downloaded at the DPWH website
www.dpwh.gov.ph
1. Receipt of LOIs from Prospective Bidders
2. Issuance of Bidding Documents to registered
contractors
3. Pre-Bid Conference
4. Receipt of Bids
5. Opening of Bids
April 16 - April 23, 2012, until 2:00 PM
April 16 - May 8, 2012
April 26, 2012 @ 10:00 AM
May 8, 2012 until 1:30 PM
May 8, 2012 after 2:00 PM
The BAC will issue hardcopies of Bid Documents at the DPWH, Quezon 3rd District
Engineering Offce, Catanauan, Quezon, upon payment of a non-refundable fee for
Bidding Documents. Prospective bidders that will download the BDs from the DPWH
website shall pay the said fees on or before the submission of their bid documents.
The Pre-bid conference shall be open only to interested parties who have purchased
the BDs. Bids must be accompanied by a bid security, in the amount and acceptable
forms stated in Section 27.2 of the Revised IRR.
Interested contractors are also required to present the originals of their PCAB License
and Contractors Registration Certifcate to the BAC for authentication and should be
represented by the Authorized Liaiason Offcer of the company, whose name is stated
in their CRC. No substitution will be entertained.
Prospective bidders shall submit their duly accomplished forms as specifed in the
Bidding Documents (BDs) in two (2) separate sealed bid envelopes to the BAC
Chairman, DPWH, Quezon 3rd District Engineering Offce, Catanauan, Quezon. The
frst envelope shall contain the technical component of the bid, including 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 post-qualifcation.

The DPWH, Quezon 3rd District Engineering Offce reserves the right to accept
or reject any bid and to annul the bidding process anytime before Contract award,
without thereby incurring any liability to the affected Bidder or Bidders.
(Sgd.) MARCELINO G. FERRER
Assistant District Engineer
Chairman, Bids and Awards Committee
Tel. No.: 042-315-8195/042-315-8194
Email Address: dpwh_q3@yahoo.com.ph
NOTED:
(Sgd.) ROGELIO P. REJANO
District Engineer
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
Region IV-A
LAGUNA II DISTRICT ENGINEERING OFFICE
Los Baos, Laguna
INVITATION TO BID/REQUESTS FOR EXPRESSION OF INTEREST
(MST-Apr. 17, 2012)
ITB No. 2012-06
The Bids and Awards Committee (BAC) of the DPWH-Laguna II District Engineering
Offce , Los Banos, Laguna invites contractors to bid for the aforementioned projects:
1. a. Contract ID : 12DI0031
b. Contract Name: Installation/Application/Construction of
road safety devices at Old Manila South
Road, Calamba Section
(Sta. 50+120.00)
c. Contract Location: Calamba City
d. Scope of Work : Installation/Application/Construction of
road safety devices
e. Approved Budget for Contract (ABC): P 9,708,737.86
f. Contract Duration : 90 c.d.
g. Cost. Of Bidding Documents: P 10,000.00
The BAC will conduct the procurement process in accordance with the Revised IRR
of R.A. 9184. 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 Intent (LOI), purchase bid
documents and must meet the following major criteria: (a) prior registration with the DPWH,
(b) Filipino citizen or 75% Filipino-owned partnership, corporation, or joint venture, (c) with
PCAB License applicable to the type and cot of this contract, (d) completion of a similar
contract costing at least 50% of the ABC within a period of 10 years, and (e) Net Financial
Contracting Capacity at least equal to ABC, or credit line commitment at least equal to 10% of
ABC. The BAC will use non-discretionary pass/fail criteria in the eligibility check, preliminary
examin01ation of bids.
Unregistered contractors, however, shall submit their applications for registration, to the
DPWH POCW Central Offce before the deadline set below for the receipt of LOIs. The
DPWH POCW-Central will only process contractors application for registration with complete
requirements and issue the Contractors Certifcate of Registration (CRC). Registration Forms
may be downloaded at the DPWH website www.dpwh.gov.ph.
1. Issuance of Bidding Documents April 17-May 08, 2012
2. Pre-Bid Conference 10:00 am April 24, 2012
3. Receipt of LOIs from Prospective Bidders April 17-May 02, 2012
up to 2:00 P.M. only
4. Receipt of Bids: Before 2:00 P.M. May 08, 2012
5. Opening of Bids 2:00 P.M. May 08, 2012
The BAC will issue hard copies of Bidding Documents (BDS) at Dpwh-Laguna II District
Engineering Offce, Brgy. Bambang, Los Banos, Laguna upon payment of a non-refundable
fee. Prospective bidders may also download the BDs from the DPWH website www.dpwh.
gov.ph. if available. Prospective bidders that will download the BDs from the DPWH website
shall pay the said fees on or before the submission of their bids Documents. The Pre-Bid
Conference shall be open only to interested parties who have purchased the BDs. Bids must
accompanied by a bid security in the amount and acceptable form, as stated in Section 27.2
of the Revised IRR.
Prospective bidders shall submit their duly accomplished forms as specifed in the BDs
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 a copy of the CRC. 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 post-qualifcation.
Interested contractors are also required to present the originals of their PCAB License
and contractors Registration Certifcate to the BAC for authentication.
The DPWH-Laguna II District Engineering Offce reserves the right to accept or reject
any bid and to annul the bidding process at any time prior contract award, without thereby
incurring any liability to the affected bidder/s.
Approved by:
(Sgd.) RAUL S. ARCETA
BAC Chairman
DPWH-Laguna II District Engineering Offce
Brgy. Bambang, Los Banos, Laguna
Telefax.No. (049)536-3714
E-mail address : laguna2deo&@yahoo.com
NOTED :
(Sgd.) JOEL F. LIMPENGCO
OIC-District Engineer
By Macon Ramos-Araneta

BEGGARS and other vagrants who
frequent the Rizal Park area recieved a
new opportunity for renewal after the
National Parks Development Committee
employed them as street sweepers,
electricians, gardeners and janitors.
IN BRIEF
Abdon, Ardina bag titles
Taconing gets title shot
PSA tackles volleyball
JOHN Kier Abdon and Dottie Ardina lived
up to their billing and crowned themselves the
new Philippine Amateur Match Play (Closed)
champions, beating their respective rivals
in similar fashions in sweltering heat at the
Sherwood Hills Golf Club in Cavite Sunday.
Abdon took two of the rst six holes
and never trailed, clinching a 4&3 victory
over Andres Saldana with a routine par
on the par-5 No. 15 in mens play while
Ardina won the rst three holes and went
on to fashion out a similar 4&3 romp over
ICTSI teammate Javyie Agojo in the ladies
side of the event which served as the third
leg of the Globe Amateur Golf Circuit.
Sherwood golf manager Raymond
Bunquin ashed his familiarity with the
tough layout and came away with a 4&2
victory over Jingy Tuason to pocket the mid-
amateur title in the event backed by Suntrust
Properties, Inc., Airphil Express, Titleist
(Empire Golf), Pancake House, Golf Depot
and ofcial hotel Microtel Suites.
WORLD Boxing Council international light
flyweight champion Jonathan Taconing (13-1-
1, 10 KOs) will try to snare the world title held
by Thailands WBC champion Kompayak
Porpramook (44-3, 30 KOs) on May 5.
Taconings manager Johnny Elorde
told the Manila Standard that the bout
will take place in a venue, which is a
four-hour drive from Bangkok.
The 25-year-old southpaw, nicknamed
Lightning, has a record of 13-1-1 with
10 knockouts, while Porpramook is a
29-year-old veteran with a record of 44-
3, with 30 knockouts.
Porpramook won the title with a 10th-round
knockout of Mexicos Adrian Hernandez on
Dec. 23, 2011. He had previously scored a
six-round unanimous decision over Filipino
Michael Rodriguez on April 29, 2011.
Elorde said Taconing has been
sparring against a variety of opponents
at the Elorde Gym in Sucat, Paraaque
and looked good. Ronnie Nathanielsz
TWO big summer events will be tackled
in todays edition of the Philippine
Sportswriters Association Forum at
Shakeys UN Ave. branch.
Heading the guests list are the men and
women behind the Shakeys V-League, now
on its 9th season. Representing the premier
womens volleyball tournament in the session
aired live over DZSR Sports Radio 918, and
presented by Smart, Philippine Amusements
and Gaming Corp., and Shakeys, are Ricky
Palou and Moying Martelino, president and
chairman, respectively, of the organizing
Sports Vision, Shakeys Executive Vice
President and Chief Operating Ofcer Vic
Gregorio and Shakeys marketing manager
Barbie Ocampo.
Also appearing in the 10:30 a.m. public
sports program is former CHED chairman,
and Private Schools Athletic Association
chairman Dr. Manny Angeles as he talks
about the PRISAA National Collegiate
Games set April 22 to 28 in Cebu City.
A7 Sports Riera U. Mallari, Editor
ManilaStandardToday
sports_mstandard@yahoo.com
Filipino sports ofcials, headed
by Philippine Olympic Committee
president Peping Cojuangco and PH
team Chief of Mission Manny Lopez,
embassy ofcials led by ambassador
Stephen Lillie and other dignitaries,
gather for a simple, short program at the
Manila Polo Club inside Forbes Park
in Makati City tomorrow morning.
The main highlight of the affair,
scheduled to begin at 7 a.m., is the
celebratory 100-meter sprint where
guests can participate or just be a
spectator.
Olympic countdown begins
LIKE the rest of the sporting world, the Philip-
pines and the British Embassy here will do their
share in marking the 100-day countdown to the
opening of the London Olympic Games.
Worlds fastest-growing sport
TRIATHLON is indeed the
worlds fastest growing sport
with another world-class event
coming up in Subic when Alaska
Milk stages the Olympic-
distance Century Tuna 5i50
Triathlon Series Philippines on
June 24 at scenic Subic Bay.
Alaska Milk Corporation
president and Chief Executive
Ofcer Fred Uytengsu
introduces the Olympic-distance
triathlon race (1.5k swim, 40k
bike, 10k run) to local shores.
Our aim with this event
is to encourage even more
people to adopt a healthy
lifestyle and embrace multi-
sport training and racing. The
distance is challenging for the
novice triathlete and we hope
to encourage many individuals
to start with this distance, said
Uytengsu.
The two-time Ford Ironman
World Championship nisher
said he hopes to attract more
participants in the sport by
staging this shorter distance
as well as holding relays with
separate participants in the
swim, bike and run legs of the
race.
The entire race will be within
the Subic Bay Metropolitan
Authority, a former US Naval
base and one of two former
major military bases of the
United States in the Philippines.
The mountains around Subic
will pose a daunting challenge
during the bike leg, which will
feature some vicious climbs.
And like the other run legs in
triathlons run in the Philippine,
the 10k run route will be lined
with spectators, giving the
athletes that extra boost from
cheering crowds that will
help them complete the 51.5
kilometer distance.
Interested parties may
visit the Web site http://
www.5150philippines.com for
more details.
* * *
With the goal of not only
supporting the sport of
triathlon, but also developing
a generation of local triathletes
that can compete against the
best in the world Alaska Milk
Corporation has sponsored
Team Bike Boutique.
Alaska Team TBB has
10 members of four foreign
professional athletes and six
local scholars. The team will
compete in all major races
in the Philippines (Ironman
5i50 Subic Bay, 70.3 Cebu).
They will also carry the Alaska
brand in international races
including the Ironman Asia
Pacic Championship, European
Ironman Championship in
Frankfurt and the World
Championship in Kona, Hawaii.
The Alaska Team Bike
Boutique pros include 33-year-
old professional triathlete from
Switzerland Caroline Steffen;
32-year-old Australian triathlete
David Dellow; 39-year-
old Australian professional
triathlete Ali Fitch; and 26-year-
old Mathieu OHalloran, a
professional triathlete from
Canada.
The program hopes to train
local athletes through an athlete
development program, where
Filipino athletes will be provided
spots in the team so that they
follow in the footsteps of the
teams pro athletes.
The six scholars include
Dhill Anderson Lee, Martin
Torres, Nena Torres, Marc
Altura, Banjo Northe and
Loren Dale Echavez.
Lee is a 21-year-old swimmer
and runner from Manila. He
has won multiple medals at
international meets and has
set numerous records in the
Philippines.
Seventeen-year-old Martin
Torres hails from Cagayan
de Oro. He placed second in
Cagayan De Oro Super Tri Kids
in 2009, 7th in the Junior SUBIT
mini-sprint in 2010 and won 1st
place in the 2010 Cagayan De
Oro Tri Kids Aquathlon.
Nena Torres is a 16-year-
old triathlete from Cagayan
de Oro. She has multiple wins
in local swim meets and run
races including: 1st place in
Super Tri Kids Cagayan de Oro
2008, 1st place in Cagayan
de Oro KidsAquathlon 2009,
2nd place in Super Tri Kids
Cagayan de Oro 2009, and
1st place in the 13-15 SUBIT
mini-sprint in 2010.
Altura is a 17-year-old
triathlete from Manila with
multiple victories in his age
group. He placed second Overall
in the Anvayan Cove Triathlon
in 2011 and placed 5th in the
Junior Elite SUBIT 2011.
Nineteen-year-old Banjo
Northe hails from Cagayan de
Oro. He placed 1st Overall in
the Cagayan de Oro NAGT, 1st
place in the Cagayan de Oro off-
road 2011 Duathlon, 2nd place
in the Philippines National
Games Junior Division in
2011 and 3rd Overall Val Naga
Triathlon in 2010.
Finally, there is 19-year-old
Cebuana Loren Dale Echavez
who has won multiple medals and
set various records in swimming.
She electried the local triathlon
world when she came out rst
overall in the swim part of the
X-Terra relay which included
international professional athletes
in Cebu 2011.
REUEL VIDAL
SPORTS CENTER
In a message, Lopez said: Filipino
sports ofcials, athletes and fans share
in their (British people) joy and pride
in what their country has achieved
since being chosen as host of the
Games seven years ago.
And like the rest of the Olympic
family, we are looking forward to
witnessing a successful and beautiful
Olympics, which is now just 100 days
away, added Lopez, whos also the
POC vice president.
Around 15,000 athletes from 205
nations are expected to see action in
the biggest, greatest sports show in the
world, which London is staging for the
third time after playing host in 1908
and 1948.
In his invitation, Lillie said
the countdown is one of the last
milestones in a marathon journey by
the United Kingdom and London since
winning the 2012 bid in Singapore in
2005.
The Olympics comes off the wraps
on July 27, with an extravagant
opening rites, which many say will
take the fans breath away.
BAGUIO CITYDespite the Filipinos
gallant effort, there was no stopping the
Kenyans from ruling the inaugural Philex
Mining Kennon Global Marathon that
ended in this city last Sunday.
But the biggest news of the event
came from the ladies category, where
Philippine team stalwart Jhoan Banayag
reigned supreme, beating Kenyan Irime
Kimchumba by 7 minutes, a very far
margin in terms of marathon running.
Four Kenyans crossed the nish line
ahead of the eld in the mens division
of the 21k Conquerors Race of the all-
uphill marathon, which started in Camp
3 in Tuba, Benguet, passed through the
historic and scenic Kennon Road and
ended in Burnham Park in this city.
Benjamin Kipkazi, a 36-year-old native
of Nairobi, Kenya, ran a blistering pace
to rule the event at a time of 1 hour, 21
minutes and 40 seconds. He took home
the champions purse of P40,000.
Four seconds behind Kipkazi was his
compatriot Josphat Kiptani Too, who
crossed the line almost simultaneously,
with third placer Samson Tuwei. They
were awarded P30,000 and P20,000,
respectively.
A fourth Kenyan, Philip Ronoh,
followed suit at 1:25:59. He received a
consolation prize of P2,000.
Kenyans sweep Kennon Marathon; Banayag scores upset triumph
NEARLY 500 athletes from three age
categories, including 17- year-old female
sensation Ian Lariba responded to the
call of the First Jose Cojuangco Jr. Cup
table tennis Luzon eliminations at the
Ninoy Aquino stadium Sunday.
Lariba, who begged off from the national
team to concentrate on her University
Athletic Association of the Philippines
campaign as De La Salle Universitys top
player, had a walk in the park, winning,
3-0, against M. Hayagan and J. Atienza in
the girls 17 and under class.
Watching her vie for a slot in the national
team again is indeed a positive sign for the
countrys table tennis program, commented
Table Tennis Association of the Philippines
Secretary General Annie Andanar.
In the boys 17 and under division early
winners in the three-day climb were WS
Ledesma over and J. Ramirez, while C. Ching,
and A. Nesperos advanced to the next round of
the girls 14-under class. In the boys 14-under
JP Cristobal scored two walkover victories.
In the Open category, A. Balanzat of
Ateneo de Manila University downed
San Sebastians M. Munoz, 3-2, while P.
Catalan had a walk over win against B.
Dabuet in womens play.
This is an encouraging start for
TATAP for 2012 and our effort to reform
our national training pool. Dito pa lang
sa Luzon marami ng talents tayong nakita
and we expect to see more when we
conduct the Visayas Mindanao phase of
our search, said Ting Ledesma, elected
by the TATAP Board of Trustees as new
president during their annual meeting.
Ledesma said that TATAP had recently
settled its membership obligations with the
International Federation and the focus now
is on the 2013 Southeast Asian Games.
La Salle sensation leads tablenet winners
COMING off from his Under-23
Elite seventh-place nish in the
recently held Asian Triathlon
Championships in Japan,
Philippine team member Nikko
Huelgas proved to be unbeatable
from start to nish as he went on
to win the Elite Male crown in
the TRI UNITED opening leg at
Playa Laiya, San Juan, Batangas.
Huelgas won the 1 Kilometer
swim30 Km bike7.5 Km run
event in one hour and 30 minutes.
Meanwhile, a close battle
for second place in the Elite
Male was waged between 2011
PNG junior champion Kevin
Eijansantos (1:39) and the
ageless coach George Vilog
(1:41) in the event sponsored
by Unilab Active Health,
Alaxan FR, Enervon HP,
I-ON Energy Drink, Landco,
BIKEKING, Pocari Sweat,
TIMEX, Crystal Clear, Orbea,
Runners World, Mens Health,
Womens Health, Weekend
Warrior and SwimBikeRun.ph
A huge eld of 250
participants were led by Unilab
President and Chief Executive
Ofcer Clinton Hess (2:36:20)
and fellow executives Alex
Panlilio (2:23:45) and Lester
Castillo (2:15:46).
I had a good swim today,
but I need to do better on the
bike and run, Huelgas said
in relation to his preparation
for next months K-Swiss
ITU Subic Bay International
Triathlon.
On the Team Competition
(combined time of 10 fastest
members), PLDT BIKE KING
emerged as the champion
followed by Unilab Active Health
and T12 Camelbak Tri Team.
Tri United
tilt opener
to Huelgas
PH jins bag 3 bronze medals in Egypt
THREE gritty SMART/Philippines jins
made the country proud again by winning
three bronze medals in the recent World
Junior Taekwondo Championships at
Sharm El Sheikh in Egypt .
The threeKeno Anthony Mendoza,
who fought in the -59-kilogram division,
Aaron James Galita (-45kg) and Mathew
Padilla (-48kg)produced the rst
SMART/PH medals in the prestigious
world event in four years. The last
Filipino medalist in the competition was
Jyra Marie Lizardo, who earned a rare
spot in the podium in 2008 in Turkey.
Our ghters displayed brilliant skills
and courage against competitors from 89
other countries. They deserved to win,
said team delegation and Philippine
Taekwondo Association vice president
Sung Chon Hong. In fact, all our
athletes did their best, but the opposition
was strong, especially the Koreans, who
won the overall crown.
Galita provided one of the tournaments
biggest shockers by beating world
no. 1 Hyeok Yu by superiority in the
quarternals after a sudden-death fourth
round to break a 0-0 tie.
Galita also toppled Cyprus Pantelis
Dirnou, 8-2, and Thailand s Ramnarong
Sawekwiharee, 3-0, in the sudden-death
fourth round. But he lost, 2-8, in the
seminals to Iran s Seyed Tabari, who
then fell to Russian Borris Krasnov in
the battle for gold.
Fighting on the last day, Padilla
started by crushing his Korean rival,
21-11, in the eliminations. He also
Aaron James Galita, Keno Anthony Mendoza and Mathew Michael Padilla (from left)
proudly display their medals.
LUCENA is expected to
become among the provincial
hotbeds of the Milo-sponsored
Best Center basketball clinics
yet anew when the pioneering
group to introduce modern
and scientic sports training
clinics in the country starts its
provincial swings next week.
The Enverga covered court
in Lucena will host Best Center
clinics in Levels 1, 2, 3 and
4 from April 16 to 21, with
Ompong Segura as organizer.
Segura could be reached
through 0927-492-4516 and
(042) 373 7620.
The Enverga Best Center
clinics have produced the likes
of Andrei Caracut, who became
a member of the Philippine
Youth Team 16-and-Under
and of the San Beda juniors
team in the National Collegiate
Athletic Association.
Also to emerge from the
Lucena clinics were Alexis
Barera and Victor Ramiro,
both of La Salle Greenhills;
and Michael Pate of St
Benildes varsity team, also in
the NCAA.
Zamboanga will also host Best
Center clinics from April 16 to
21 at the Ateneo multi-purpose
covered court. Organizer Pedro
Alfaro could be reached through
0917-720-1217 or at the Alavar
Seafood House for students in
Levels 1, 2, 3 and 4.
Roxas City also holds Best
Center clinics on the same dates
for students in Levels 1, 2 and 3.
Ronnie Degala (0910-375-8396)
is organizing the event.
Best Center
swings to
3 provinces
hurdled Russian Sergey Zemtsov, 11-7,
and Brazils Adriano Junior, 9-4, before
edging German Yorulmaz Mehmet-Akif,
8-7, to clinch a bronze medal. Iranian
Abolfazl Jouybari stopped Padillas run
and eventually bagged the gold.
Mendoza triumphed over Morocco
s Hasan Bourguigue, 15-3, German
Ali Adnan Karin who was disqualied,
and Portugal s Tiago Unas, 9-3, in the
eliminations. He then whipped Egypt s
Mohamed Saleh, 9-5, in the quarters to
advance to the medal round, where he
fell to Korean Hyeok Jae Goh, 2-8, and
had to settle for the bronze.
The other Filipino athletes were
Francis Aaron Agojo, Benjamin Keith
Sembrano, Jose Manuel Alejandro, Ina
Izabella Dionisio, Colleen Heria, Korina
Paladin, Pauline Louise Lopez, Suzzane
Glehn Caslangen, Bianca Maurice Go,
Melanie Hope Douglas and Patricia
Francesca Gonzalez.
Head coach Victor Emmanuel
Veneracion and coaches Roberto Cruz
and Alvin Taraya did a good job as did
international referee Roland Campos,
who ofciated throughout the tourney.
NUEVA Vizcayas McDomi-
nique Lagula defeated Jude Emil
Fronda in the sixth and nal
round to rule the Open Division
of the 2012 National Juniors
Chess ChampionshipsVisayas
leg at the Cabagnot Training
Center in Kalibo, Aklan.
Lagula earlier halved the
point with overnight co-leader
Joel Pimentel of College of St.
Benilde.
Pimentel failed to keep pace
after another draw in the nal
round and settled for a share of
second with 4.5 points.
Also nishing with 4.5
points and advancing to the
grand nals were FIDE Master
Paulo Bersamina of Manila
and Tristan Frech Ibaoc of
Cagayan de Oro City.
The battle in the Girls
Division proved to be much
tougher, with ve players
scoring 4.5 points each to share
rst to fth places and enter the
grand nals.
Woman National Master
Jan Jodilyn Fronda of De La
Salle scored two straight wins
at the expense of Samantha
Glo Revita of Pangasinan and
Woman FIDE Master Marie
Antoinette San Diego of
Cavite to win the title after the
tiebreak.
Fronda was 1.5 points
behind overnight leader San
Diego after four rounds. San
Diego left the door open for
Fronda after settling for a draw
in the fth round against Judith
Pineda of Olongapo City.
By Ronnie Nathanielsz

FORMER assistant coach Luigi Trillo has
been named interim head coach of the Alaska
Aces, replacing Joel Banal, who stepped aside
after meeting with team owner Fred Uytengsu
and manager Joaqui Trillo, the former
Philippine Basketball Association chairman.
Its a strong rm vote of condence. Since
Mr. Uytengsu has given me this condence
now, I think its a rm afrmation that he
is here to stay with the PBA, the younger
Trillo told the Manila Standard.
Trillo added: I understand, its going to
be demanding, the Alaska organization has a
winning tradition. Its very challenging from
a team standpoint, but Im excited to get to
practice. We have high-character guys like
LA Tenorio, Tony dela Cruz, Sonny Thoss,
Cyrus Baguio, who are our leaders and we
understand its not going to come easy, but
Im very excited to get started. I know I have
a lot to learn, but I also know I am in good
hands with the players I have.
Discussing the level of physicality
especially in the on-going seminals, Trillo
said he likes a physical game, but doesnt
like rough and dirty tactics.
Our responsibility, obviously, is to teach the
game the right way but also to adjust to calls.
It happens every year, every other conference
where certain things change because of what
they allow. Ive always told my guys to play
hard. You love the physical play, but its
another thing if you are threatening another
players career, said Trillo.
Banal said he is stepping aside because
the Aces, under his watch, were not able to
reach their seminal ambitions.
The goal of the Alaska franchise is to be
in the semis of every conference and we did
not meet that goal in the past two conferences,
so I wanted to give management the chance
to look at options, said Banal.
A8
Yee 6 ahead after shooting a 68 in jungolf qualifying tilt
CARMONAMiggy Yee red a four-
under-par 68 for a commanding six-
stroke advantage in the boys Class A
division, even as Princess Superal and
Marvi Monsalve each carded identical
one-under-par 71s to share the girls
Class A lead after the opening round
of the national qualifying tournament
for the Junior World Championships
at the Legends course of the Manila
Southwoods Golf and Country Club.
The long-hitting Yee used his
knowledge of his home course for the
days best round. He bucked a bogey on
the rst hole, with birdies on the third,
fth and sixth, then added two more, on
the 11th and 14th, to nish six ahead of
Sebastian Lorenzo (74).
Fancied Gio Gandionco of Cebu and
Jama Reyes were next with 75s followed
by Aristeo Mata 76, Rogelio Roque 76,
Inigo Raymundo 77, Alissandro Tan 78,
last weeks Interclub inidividual medalist
JP de Claro 79.
Mark Arevalo, Justin Quiban, Francis
Bumagat, Miguel Shah, and Kuresh
Samanodi all ended with 80s.
Superal, the former Asian junior
champion, wielded a hot putter in the
back nine, where she started, nailing
birdies from at least at feet on Nos. 13,
15 and 17. But the ICTSI bet reeled
back on the second hole, where she
landed on the bunker twice before
reaching the green in three, then three-
putted for a double bogey six to settle
for a 33-38 card.
Monsalve, who was in a ight ahead
of Superal, highlighted her round with a
superb eagle on the par-ve eighth hole.
Overall, she made four birdies as
against a double bogey on the 14th and
three bogeys in the event, which offers
17 slots to the upcoming Callaway
Junior World Championship in San
Diego in July.
Juily Vasandani was ve behind in the
distaff side after she turned in a four-
over-par 76. Andrea Unson churned out a
ve-over 77 while Daniella Uy wound up
with a six-over 78, in a tie with Cebuana
beauty Alleska Yunam.
Trillo named interim Alaska coach; Banal steps aside
Lagula rules
national jrs
chess meet
Sports
Manila Standard TODAY
sports@manilastandardtoday.com sports_mstandard@yahoo.com Riera U. Mallari, Editor
LOTTO RESULTS
6/55 000000000000
6/45 000000000000
4 DIGITS 00000000
3 DIGITS 000000
2 EZ2 0000
P0.0M+
P0.0M+
NBA RESULTS
BAYOMBONG CITYUzbekistans
Suren skipper Azamat Turaev served notice
of his mountain-climbing skills in Mondays
Stage 3 of the 2012 Le Tour de Filipinas from
Cauayan City.
Turaev ruled the stage that was
highlighted by a Category 1 King
of the Mountain Summit and was
surprisingly fast for its 102.5-km
distance, clocking two hours, 23
minutes and 36 seconds.
He mildly rocked the general
individual classication, stressing its
the climbersturn to grab the spotlight
as the Le Tour, presented by Air21,
winds up with the 132.7-km Stage
Four from the Nueva Viscaya capital
to Burnham Park in Baguio City via
the backdoor in the Cordilleras.
Turaev, only 19, was vocal
about his intention to snatch this
years crown in the race held
in partnership with Smart and
supported by Jinbei and Foton.
The steeper, the better, said
Turaev through an interpreter.
Tomorrow (Stage Four) is
our race. We ride better in the
mountains, said Uzbekistan Suren
team manager Mostafa Chaichi.
The fourth stage is bound to
punish the 74 surviving cyclists
with two Hors (highest) category
climbs and a dizzying downhill
nish to Burnham Park.
Turaev progressed from eighth
to fth in the individual general
classication and has become a
potential threat to yellow jersey
holder German Timo Scholz of
CCN Cycling Team.
I didnt expect to keep the
yellow (jersey). Honestly, Im
not in good shape to defend it,
said Scholz, the oldest rider in the
2012 Le Tour at 39.
Well see what happens
tomorrow, added Scholz, who
snatched the leaders jersey from
Mail and Mores Oscar Rendole,
who on Saturday became the rst
Filipino to win a stage in a UCI race.
Go21s Arnel Quirimit made it back-
to-back for the Philippines when he
won Sundays second stage.
Scholz was 18th on Monday,
crossing the nish 21 seconds after
Turaev. He was with a big group
that included contenders Alexander
Malone of the Australian team Plan
B, Singapore OCBCs Loh Sea
Keong and Rendole.
Malone remained at second overall,
26 seconds behind Scholz. Loh (35
seconds) and Rendole (1:06) kept their
third and fourth positions in the general
classification, while Dutch Globals
Koos Jeroen Kers dropped to sixth
from fifth (1:46 behind).
Rounding out the Top 10 were
Rudy Roque of LPGMA-American
Vinyl at seventh (1:52 behind), Bi-
kenz-PureBlacks James Williamson
(eighth, 1:52 behind), Filipino Baler
Ravena of Go21 (ninth, 2:11 behind)
and Indonesian Rastra Patria of Co-
lossi (10th, 2:13 behind).
By Jeric Lopez

BARANGAY Ginebras never-
say-die mantra will once again be
put to a test, as it tries to stay alive
for the second time today, even
as B-MEG attempts to do what it
failed to accomplish in Game 3
book a nals berth.
Will there be a
deciding Game 5 or
will the Llamados
end the run of the Gin
Kings and advance to
the nals?
The answer will be known
today when these two fan favorites
collide again in Game 4 of their
grueling best-of-ve seminal duel
in the 2012 Philippine Basketball
Accosication Commissioners Cup
at 6:45 p.m. at the Smart Araneta
Coliseum.
The Gin Kings kept their
campaign alive by carving out an
impressive 88-79 conquest of the
Llamados Sunday night in Game
3 to chop off the Llamados series
lead to 1-2.
For us right now, were really
not doing anything different
or special. Its not about the
strategies and game-plans
anymore, its all about heart for
us, said Tanquincen.
The soft-spoken
mentor added that
should the Gin Kings
get the difcult job
done, the trait that will
surely get them there
is their never-say-die character.
I told the players, sometimes
rejoice in your suffering because
suffering leads to perseverance,
perseverance to character and
character to hope. Character nung
team yung Ginebra spirit. Buhos
na talaga lahat, yun ang kailangan
namin gawin, added Tanquincen.
Tanquincen knows that from
the moment his squad went down
0-2, there are no more room for
any errors.
Llamados seek clincher;
Kings gun for equalizer
Lerio wins
Australian
bantam belt
Uzbek rider makes move in Day 3
FIGHTING out of Sydney,
Filipino Roberto Lerio won the
vacant Australian bantamweight
title with a 10-round split
decision over Jason Cooper at
the Norths Rugby League Club
in Kallangur, Queensland in a
ght card dubbed Rising Stars.
In what surely was a strange
twist, the 25-year-old Lerio, who
had lost his last 7 ghts, won
the title against the 20-year-old
Cooper, whose record was a
mere 2-1-1, with 2 knockouts,
effectively discarding the two
boxers ring records since the
Filipino had a record of 13-14-1,
with 5 knockouts entering the ring.
Two of the three judges scored
the ght for Lerio, while a third
judge had it even.
Adam Height (96-94) and Phil
Austin (96-95) scored the ght
for Lerio, while Tony Kettlewell
had Cooper the winner (97-94).
Prior to the ght, Cooper,
the featherweight champion of
Queensland, said he was condent
of winning despite dropping down
to bantamweight for the title ght.
Im pretty condent it will
hopefully be a stepping stone to
the rest of the year Cooper said.
Lerio, nicknamed Hands
of Stone, was coming off a
unanimous decision loss to
undefeated Corey McConnell
on March 7, 2012, while Cooper
nicknamed Nugget won his last
ght by a fth-round knockout of
Matthew Seden last Sept. 30.
Ronnie Nathanielsz
LAKERS 112, MAVERICKS 108
HEAT 93, KNICKS 85
BULLS 100, PISTONS 94, OT
MAGIC 100, CAVALIERS 84
RAPTORS 102, HAWKS 86
KINGS 104, BLAZERS 103
CELTICS 94, BOBCATS 82
HORNETS 88, GRIZZLIES 75
NUGGETS 101, ROCKETS 86
B-MEGs James Yap (right) posts up against Ginebras Dylan Ababou in
a game won by the Gin Kings, 88-79.
Game Today
(Semifinals Game 4
Smart Araneta Coliseum)
6:45 p.m. Barangay
Ginebra vs. B-Meg
Uzbekistans Suren skipper Azamat Turaev thanks the heavens after winning Mondays
Stage 3 of the 2012 Le Tour de Filipinas from Cauayan City. LINO SANTOS
Business
B1
Ray S. Eano, Editor business@manilastandardtoday.com
Roderick T. dela Cruz, Assistant Editor extrastory2000@gmail.com
HIGH P42.700 LOW P42.810 AVERAGE P42.753
VOLUME 672.940M
PSE COMPOSITE INDEX
Closing April 16, 2012
5,117.46
20.16
OIL
PRICES
TODAY
P780-P895.00
LPG/11-kg tank
P54.55-P61.02
Unleaded Gasoline
P46.10-P49.90
Diesel
P52.35-P57.85
Kerosene
P38.50-P39.20
Auto LPG
FOREI GN EXCHANGE RATE
Currency Unit US Dollar Peso
United States Dollar 1.000000 42.6700
Japan Yen 0.012366 0.5277
UK Pound 1.585400 67.6490
Hong Kong Dollar 0.128871 5.4989
Switzerland Franc 1.088258 46.4360
Canada Dollar 1.002406 42.7727
Singapore Dollar 0.802053 34.2236
Australia Dollar 1.037667 44.2773
Bahrain Dinar 2.652661 113.1890
Saudi Arabia Rial 0.266660 11.3784
Brunei Dollar 0.798850 34.0869
Indonesia Rupiah 0.000109 0.0047
Thailand Baht 0.032478 1.3858
UAE Dirham 0.272264 11.6175
Euro Euro 1.308400 55.8294
Korea Won 0.000881 0.0376
China Yuan 0.158655 6.7698
India Rupee 0.019436 0.8293
Malaysia Ringgit 0.327514 13.9750
NewZealand Dollar 0.826173 35.2528
Taiwan Dollar 0.033916 1.4472
Source: PDS Bridge
Bangko Sentral ng Pilipinas
Monday, April 16, 2012
PESO-DOLLAR RATE
40
42
44
46
48
P42.775
CLOSE
Closing APRIL 16, 2012
5200
4460
3720
2980
2240
1500
1200
IN BRIEF
Meralco may cut Luzon rates
Mexican
firm keen
on Asia,
Coke PH
Remittances up 5.8% to $1.6b in February
Lepanto
sees profit
of P300m
BDOs $1-b rights issue credit positiveMoodys
JOSE Antonio Fernandez,
chief executive of Fomento
Economico Mexicano SAB,
said his company needs to be
in fast-growing regions such
as Asia as it studies the ac-
quisition of Coca-Cola Co.s
Filipino unit.
We need to be in regions
with growth potential, and
Asia is one of them, Fernan-
dez said in an interview last
week at the CEO Summit of
the Americas in Cartagena,
Colombia. Femsa, as the Mon-
terrey, Mexico-based com-
pany is known, is the holding
company for the largest Coke
bottler and convenience-store
chain in Latin America.
Femsas softdrinks unit,
Coca-Cola Femsa SAB, said
in February that it entered a
12-month exclusive agree-
ment with Atlanta-based Co-
ca-Cola for the purchase of
a controlling stake in Cokes
Philippines unit. The deal
would be Coca-Cola Femsas
rst acquisition outside Latin
America. It operates in nine
Latin American countries, in-
cluding Colombia and Brazil.
While Fernandez said it
was too soon to say whether
the talks would lead to a deal
for the Philippines business,
he said his company was
very interested.
We need to be able to
show that our experience and
our expertise and our knowl-
edge from Latin America can
be used elsewhere, he said.
Coca-Cola Femsa an-
nounced three share-based
acquisitions of Mexican Coke
bottlers last year. The deals
had a combined value of $2.1
billion including assumed
debt, according to data com-
piled by Bloomberg.
Femsas total sales in-
creased 21 percent last year to
Mexican P203 billion ($15.4
billion) compared with 2010,
data compiled by Bloomberg
show, and may increase 16
percent to P235.5 billion this
year, according to the median
of six analysts surveyed by
Bloomberg. Bloomberg
Water matters. Fernando Zobel de Ayala (from left), chairman of Manila Water Co. Inc.; Gerardo Ablaza Jr., president and
chief executive; and Jaime Augusto Zobel de Ayala, vice chairman, preside during the annual stockholders meeting of the
company at the Hotel Intercontinental in Makati City. Manila Water booked a net profit of P4.27 billion in 2011, up 4 percent
from a year ago. SONNY ESPIRITU
By Alena Mae S. Flores
MANILA Electric Co. is seeking approval for
new power supply agreements with four major
coal energy producers that will reduce electricity
rates in Luzon.
The countrys largest electricity
distributor led separate applications
with the Energy Regulatory
Commission for seven-year supply
deals with Masinloc Power Partners
Ltd., Therma Luzon Inc., South
Premiere Power Corp. and Sem-Calaca
Power Corp.
The new power supply agreements, if
approved, will precede the impending
implementation of open access and
retail competition regime in the
country.
Meralco justied the agreements,
saying they will secure power supply
during outages because of the provision
for backup power. It asked ERC to
approve the applications prior to the
termination of the contract with state-
owned National Power Corp. on Dec.
25, 2012 in order to ensure continuous
and reliable electricity for applicants
customers.
Masinloc Power, owned by AES
Corp. of the US, operates the 600-
megawatt Masinloc coal-red power
plant, while Therma Luzon Inc., a
unit of Aboitiz Power Corp., manages
the electricity output of the 735-MW
Pagbilao coal-red power plant.
South Premiere, a unit of San Miguel
Corp., operates the 1,200-MW Ilijan
power plant while Sem-Calaca, a
subsidiary of DMCI Holdings Inc.,
runs the 600-MW Calaca coal-red
power plant.
Meralco will source 1,180 MW from
South Premiere and 350 MW from
Therma Luzons Pagbilao coal-red
power plant.
Meralcos contract with Masinloc
Power covers contracted capacity of
330 MW, which would increase to 430
MW by December 2015.
The distributors agreement with
Sem-Calaca involves contracted
capacity of 210 MW from Unit 2,
which will be increased to 420 MW
upon commercial operation of the
plants Unit 1.
All four contracts carry a seven-year
term, which can be extended for another
three years upon mutual agreement of
the parties.
Meralco asked ERC to approve the
contracts, saying this will redound to
the benet of the consumers in terms
of lower power rates.
It said under the contract with
Masinloc Power, the resulting average
price would be P4.6284 per kilowatt-
hour, lower than the effective rate under
the power distribution rms transition
supply contract with National Power
Corp. at P5.3909 per kWh in February.
Meralco said if the application charge
for February had been approved, power
rates should have been reduced by
P0.0407 per kWh.
Thus it is essential and urgent that
the instant application be approved
in order to immediately afford end-
users the benets resulting from
implementation of the PSA, Meralco
said.
Meralcos contract with South
Premiere will result in an average rate
of P4.6382 per kWh, compared to the
Napocor transition supply contract rate
of P5.3909 per kWh.
By Elaine Ramos Alanguilan
REMITTANCES coursed by expatriate
Filipino workers through banks grew 5.8
percent to $1.6 billion in February, slightly
slower than the 6.2-percent growth booked
year-on-year.
Bangko Sentral Governor Amando Tetangco
Jr. said Monday remittances were expected to
pick up in the coming months with the lifting
of deployment ban in some countries.
The continued inow of remittances
is supported by the sustained demand for
Filipino manpower in various foreign labor
markets, said Tetangco in a statement.
Going forward, the lifting of the banks
imposed by [Philippine Overseas Employment
Administration] in deployment to Nigeria,
Libya and South Sudan, following improved
security conditions in these countries, could
provide additional employment prospects
abroad for Filipino manpower, he said.
Remittances in the rst two months of
2012 reached $3.1 billion, up 5.6 percent
from $2.98 billion a year ago.
About 72 percent, or $1.2 billion, of the
total cash transfers in February were sent
by land-based workers, while 24 percent, or
$400 million, came from sea-based workers.
The top 10 sources of cash remittances
from Filipinos overseas are the United
States, Canada, Saudi Arabia, Japan, United
Kingdom, Singapore, United Arab Emirates,
Italy, Germany and Hong Kong. They
accounted for 86.3 percent of the total fund
transfers reported by banks.
Latest data from the Philippine Overseas
Employment Administration showed that job
orders for professional and technical, service
and production workers in the rst three
months of the year increased 25 percent to
200,010 on year.
These are mainly intended for employment
opportunities in Saudi Arabia, UAE, Qatar,
Taiwan, Kuwait, Singapore and Hong Kong.
LEPANTO Consolidated Mining
Co. expects net income to reach
P300 million this year, up 18
percent from P254 million in
2011, on higher gold production.
Lepanto president and chief
operating ofcer Bryan Yap said
in an interview Monday following
the annual stockholders meeting
at the Peninsula Manila hotel
in Makati City that production
would reach 1,500 tons daily
for the rest of the year from an
average of 1,300 tons in the rst
quarter of the year.
We expect to produce 37,000
ounces of gold this year. This
will translate into a net income
of P300 million, Yap said.
Lepanto booked a net income of
P32.6 million in the first three months
of 2012, slightly higher year-on-
year. The company produced 7,100
ounces of gold and 15,000 ounces
of silver in the first quarter.
Gold Fields Ltd. of South
Africa recently acquired 40-
percent ownership of Lepantos
Far Southeast Project.
This demonstrates its
commitment on the project and
formalizes its partnership with
Lepanto, Yap said.
Gold Fields has an option to
acquire an additional 20-percent
stake in Far Southeast Project
from Lepanto, which will
increase its total interest in the
gold prospect to 60 percent.
Local unit Gold Fields
Philippines Corp. paid $110
million to Liberty Express
Assets, a private foreign holding
company that owns 40 percent
of the Far Southeast prospect.
Jenniffer B. Austria
INTERNATIONAL credit rating
rm Moodys Investors Service
has described BDO Unibank
Inc.s $1-billion rights issue as
credit positive.
This capital raise is credit
positive for BDO as the additional
equity capital will boost its core
capital above Basel III minimums
and increase its loss-absorption
buffer, said Moodys analyst
Simon Chen.
Higher capital buffers will
enhance BDOs ability to pursue
credit growth and, therefore,
maintain its leading market
position, Chen said in a report.
BDO earlier announced its
plan to raise new capital of up
to $1 billion through a rights
issue, marking the rst major
issuance since the Bangko
Sentral announced its Basel III
requirements in January.
We estimate the additional
capital will raise BDOs Tier
1 capital ratio to 15.4 percent
on a pro forma basis, from
10.2 percent reported as of the
end of December 2011, said
Chen.
Chen said BDOs current
Tier 1 capital ratio is below the
banking system average and
barely above the proposed Basel
III minimum of 10 percent that
will go into effect by January
2014.
This outcome assumes the
likely scenario that the new
capital will rst be primarily
held as assets that attract low-risk
weights (i.e., 20 percent or less) for
regulatory capital computation,
such as government paper or
short-term, liquid money-market
securities. Therefore, we view
BDOs equity-raising plan as a
pro-active attempt to build up
its capital buffer ahead of Basel
III, said Chen.
Elaine Ramos Alanguilan
KL farm trade deal pushed
THE Malaysian government wants to
improve farm trade relations between Manila
and Kuala Lumpur, Malaysian Minister for
Plantation Industries and Commodities Tan
Sri Bernard Dompok said Monday.
The visiting minister said while Malaysia
was not expecting to sign bilateral agreements
with the Philippines soon, we will be happy
enough to explore areas of work wherein
we can improve our trade relations with the
Philippines especially in agriculture and agri-
related activities.
Dompok ofciated the inaugural Malaysia-
Philippines palm oil trade fair and seminar
organized by the Malaysian Palm Oil Council
and the Malaysian Palm Oil Board at the Dusit
Thani Hotel in Makati City, Manila.
I called on [Agriculture Secretary Proceso
Alcala] to look into what the Philippines and
Malaysia can do [to improve farm trade],
Dompok said during the fair.
He said Malaysia was keen on improving the
trade of palm oil, timber, cocoa, rubber and tobacco
as prime commodities. He also underscored the
signicance of untapped opportunities between
the Philippines and Malaysiatwo major oil and
fats producer in the region.
Dompok encouraged the oil and fats
producers of the two countries to form alliances
and capitalize on the potential growth of the
palm and coconut oil industries.
Othel V. Campos
CebuPac offers seat sale
CEBU Pacic slashed its fares on all
Mindanao routes and Asean destinations,
including Malaysia and Singapore ,from April
17 to 19, or until seats last. The tickets are
good for travel from June 1 to Aug. 31.
Passengers can buy P288 seats from Cagayan
de Oro to Davao or Iloilo; from Davao to
Iloilo or Zamboanga; or from Zamboanga to
Tawi-Tawi.
Seats as low as P488 are also available from
Manila to 10 Mindanao destinations: Butuan,
Cagayan de Oro, Cotabato, Davao, Dipolog,
General Santos, Ozamiz, Pagadian, Surigao or
Zamboanga. This translates to air fare savings
as much as 74 percent.
International seat sale fares are also up for
grabs. P888 seats are available from Manila to
Ho Chi Minh, Kota Kinabalu, Kuala Lumpur
or Hanoi, as well as from Clark to Bangkok.
Passengers can also buy P1,088 seats from
Manila to Brunei, or from Cebu or Clark to
Singapore. Passengers traveling from Manila
to Singapore or Siem Reap can buy P1,488
seats, while those traveling from Manila to
Jakarta or Bangkok can buy P1,888 seats.
Business
ManilaStandardToday
business@manilastandardtoday.com extrastory2000@gmail.com
B2
Flashback to 2006
Stocks rise; GMA-7,
Manila Water climb
52 Weeks Previous % Net Foreign (Peso)
High Low STOCKS Close High Low Close Change Volume Trade/Buying
MST BUSINESS DAILY STOCKS REVIEW
MONDAY, APRIL 16, 2012
M
S
T
FINANCIAL
70.00 46.00 Banco de Oro Unibank Inc. 63.30 64.70 63.00 64.65 2.13 2,172,250 49,785,730.00
76.80 50.00 Bank of PI 73.75 75.00 73.00 74.70 1.29 538,410 (1,134,362.50)
1.82 0.69 Bankard, Inc. 0.78 0.78 0.78 0.78 0.00 1,000
459.00 370.00 China Bank 482.00 495.00 482.00 492.00 2.07 22,270 (242,500.00)
1.90 1.42 BDO Leasing & Fin. Inc. 1.65 1.65 1.63 1.64 (0.61) 198,000
23.00 12.40 COL Financial 23.40 23.50 23.10 23.35 (0.21) 38,100
15.00 7.00 Filipino Fund Inc. 11.94 13.16 11.64 13.10 9.72 21,500
0.95 0.62 First Abacus 0.89 0.80 0.80 0.80 (10.11) 12,000
3.26 1.91 I-Remit Inc. 2.54 2.55 2.50 2.55 0.39 5,000
775.00 475.20 Manulife Fin. Corp. 555.00 541.00 540.00 540.00 (2.70) 710
25.00 3.00 Maybank ATR KE 20.00 23.00 21.00 22.50 12.50 257,400 (1,400.00)
89.50 60.00 Metrobank 88.00 88.00 87.10 87.75 (0.28) 2,834,730 (53,812,419.50)
3.06 1.30 Natl Reinsurance Corp. 2.39 2.35 2.33 2.35 (1.67) 29,000
72.90 41.00 Phil. National Bank 73.70 76.10 73.20 76.00 3.12 1,273,350 8,518,703.00
85.00 57.70 Phil. Savings Bank 81.00 82.00 81.00 81.00 0.00 1,050
539.50 204.80 PSE Inc. 347.00 350.00 347.00 348.00 0.29 4,050
42.25 25.45 RCBC À 40.90 40.90 40.35 40.90 0.00 606,300.00 (3,018,125.00)
147.00 77.00 Security Bank 139.70 142.00 139.00 141.40 1.22 720,980 17,210,499.00
1390.00 950.00 Sun Life Financial 1023.00 1022.00 986.00 986.00 (3.62) 195
140.00 58.00 Union Bank 97.00 100.00 97.50 98.90 1.96 281,250 (3,683,440.00)
1.98 1.43 Vantage Equities 1.85 1.85 1.84 1.85 0.00 251,000
INDUSTRIAL
34.00 26.50 Aboitiz Power Corp. 34.75 34.65 34.50 34.50 (0.72) 4,181,800 (79,176,210.00)
13.58 7.32 Agrinurture Inc. 11.62 11.90 11.50 11.54 (0.69) 164,400 (232,000.00)
23.50 11.98 Alaska Milk Corp. 23.50 23.50 23.35 23.35 (0.64) 762,500 (9,947,470.00)
1.86 0.97 Alliance Tuna Intl Inc. 1.57 1.58 1.56 1.58 0.64 93,000 (12,480.00)
55.00 26.00 Alphaland Corp. 29.25 29.20 28.90 29.20 (0.17) 800
1.65 1.08 Alsons Cons. 1.41 1.41 1.38 1.38 (2.13) 67,000
Asiabest Group 47.50 48.50 46.50 46.60 (1.89) 127,800 (774,300.00)
102.80 3.02 Bloomberry 21.00 21.80 19.00 19.50 (7.14) 605,600 437,695.00
26.55 12.50 C. Azuc De Tarlac 15.42 15.42 15.42 15.42 0.00 300
2.88 2.24 Calapan Venture 2.30 2.30 2.30 2.30 0.00 4,500 75,900.00
3.07 2.30 Chemrez Technologies Inc. 2.70 2.72 2.70 2.72 0.74 62,000
8.33 7.41 Cirtek Holdings (Chips) 8.16 8.14 8.05 8.14 (0.25) 13,200
7.06 4.83 Energy Devt. Corp. (EDC) 6.04 6.11 5.99 6.09 0.83 20,654,400 39,059,309.00
5.77 2.80 EEI 6.19 6.18 6.10 6.10 (1.45) 288,200 21,350.00
2.14 1.00 Euro-Med Lab. 2.15 2.39 1.93 2.39 11.16 248,000 (1,940.00)
15.58 11.88 First Gen Corp. 13.70 13.84 13.70 13.76 0.44 1,294,400 (4,942,252.00)
67.20 51.50 First Holdings A 64.45 65.50 64.20 64.90 0.70 430,630 (3,629,050.00)
32.90 22.50 Ginebra San Miguel Inc. 23.50 23.50 23.20 23.50 0.00 14,500 (304,975.00)
0.10 0.0095 Greenergy 0.0180 0.0180 0.0170 0.0180 0.00 465,700,000 630,000.00
13.80 7.80 Holcim Philippines Inc. 11.68 11.68 11.52 11.68 0.00 412,000
9.00 4.75 Integ. Micro-Electronics 4.71 4.80 4.75 4.80 1.91 264,000
1.66 0.95 Ionics Inc 1.700 1.690 1.670 1.690 (0.59) 184,000 162,240.00
120.00 80.00 Jollibee Foods Corp. 114.90 115.00 113.00 114.00 (0.78) 108,720 (6,518,664.00)
8.40 1.04 LMG Chemicals 3.45 3.65 3.45 3.45 0.00 7,900 3,600.00
3.20 1.05 Manchester Intl. A 2.03 2.19 1.92 2.16 6.40 37,000
24.00 17.60 Manila Water Co. Inc. 24.00 24.40 23.80 24.30 1.25 3,467,400 195,985.00
6.95 0.60 Mariwasa MFG. Inc. 4.54 4.54 4.20 4.20 (7.49) 5,000
13.28 8.12 Megawide 14.72 14.70 14.32 14.52 (1.36) 4,188,900
295.00 215.00 Mla. Elect. Co À 262.00 261.00 255.20 259.20 (1.07) 163,400 (4,798,878.00)
11.00 7.00 Pancake House Inc. 9.32 9.50 9.50 9.50 1.93 400
2.97 1.96 Pepsi-Cola Products Phil. 2.70 2.70 2.68 2.70 0.00 1,637,000 1,472,010.00
17.40 9.70 Petron Corporation 10.58 10.58 10.46 10.50 (0.76) 3,907,800 (21,494,828.00)
15.24 9.60 Phoenix Petroleum Phils. 9.53 9.53 9.42 9.50 (0.31) 98,800 (164,360.00)
9.50 5.25 Republic Cement À 7.55 8.92 7.70 8.50 12.58 502,400
1.65 1.01 RFM Corporation 2.20 2.25 2.19 2.24 1.82 2,154,000 2,315,480.00
5.00 2.90 Salcon Power Corp. 4.16 4.25 4.15 4.25 2.16 8,000
33.00 27.70 San Miguel Brewery Inc. 29.90 29.90 29.80 29.90 0.00 12,000
175.00 105.70 San Miguel Corp À 113.90 114.00 113.30 113.50 (0.35) 288,820 (1,556,539.00)
1.90 1.25 Seacem 1.79 1.78 1.75 1.78 (0.56) 2,783,000
2.60 1.85 Splash Corporation 1.92 1.93 1.91 1.93 0.52 845,000
0.250 0.112 Swift Foods, Inc. 0.140 0.139 0.139 0.139 (0.71) 720,000
5.46 2.92 Tanduay Holdings 3.81 3.82 3.81 3.82 0.26 66,000
4.15 1.99 TKC Steel Corp. 2.42 2.48 2.41 2.42 0.00 75,000
1.37 0.90 Trans-Asia Oil 1.23 1.25 1.20 1.21 (1.63) 5,014,000 12,160.00
65.50 33.50 Universal Robina 64.90 64.90 64.45 64.85 (0.08) 827,080 (5,604,858.50)
1.12 0.285 Vitarich Corp. 0.580 0.600 0.560 0.590 1.72 1,363,000
7.40 2.55 Vivant Corp. 12.18 11.80 11.00 11.00 (9.69) 8,500
1.22 0.68 Vulcan Indl. 0.97 1.00 0.96 1.00 3.09 579,000
HOLDING FIRMS
1.18 0.65 Abacus Cons. À 0.74 0.73 0.72 0.72 (2.70) 363,000
59.90 35.50 Aboitiz Equity 49.25 49.50 48.80 49.30 0.10 1,400,500 (3,481,840.00)
0.019 0.014 Alcorn Gold Res. 0.0150 0.0150 0.0150 0.0150 0.00 2,400,000
13.48 8.00 Alliance Global Inc. 12.12 12.10 11.88 12.04 (0.66) 34,378,200 (134,616,018.00)
2.97 1.57 Anglo Holdings A 2.03 2.06 2.00 2.06 1.48 60,000
4.29 3.00 Anscor À 4.40 4.38 4.38 4.40 0.00 300,000 22,150.00
6.98 0.260 Asia Amalgamated A 4.10 4.18 3.95 4.18 1.95 903,000 4,050.00
431.00 272.00 Ayala Corp À 425.00 435.00 418.00 434.00 2.12 889,120 (11,248,276.00)
56.60 30.50 DMCI Holdings 54.40 58.25 54.00 58.00 6.62 4,595,960 37,458,959.50
4.19 1.03 F&J Prince A 2.58 3.00 2.65 2.70 4.65 91,000
5.25 3.30 Filinvest Dev. Corp. 4.65 4.64 4.58 4.58 (1.51) 647,000
0.98 0.10 Forum Pacic 0.260 0.265 0.265 0.265 1.92 100,000
4.35 2.90 House of Inv. 4.50 4.50 4.02 4.28 (4.89) 146,000
28.60 19.00 JG Summit Holdings 33.50 33.50 32.90 33.05 (1.34) 2,111,300 12,066,795.00
6.95 4.00 Lopez Holdings Corp. 5.55 5.60 5.50 5.57 0.36 865,000 1,175,717.00
1.54 0.61 Lodestar Invt. Holdg.Corp. 1.19 1.22 1.18 1.18 (0.84) 16,044,000 (310,780.00)
3.52 1.500 Marcventures Hldgs., Inc. 3.450 3.450 3.370 3.400 (1.45) 7,796,000 1,964,440.00
4.25 2.56 Metro Pacic Inv. Corp. 4.17 4.28 4.10 4.25 1.92 50,847,000 (39,439,060.00)
6.24 2.10 Minerales Industrias Corp. 4.89 4.89 4.77 4.89 0.00 77,000
0.0770 0.054 Pacica À 0.0600 0.0600 0.0600 0.0600 0.00 1,450,000
2.20 1.42 Prime Media Hldg 1.600 1.610 1.600 1.600 0.00 55,000
0.82 0.44 Prime Orion 0.520 0.530 0.520 0.530 1.92 2,300,000
2.40 0.90 Seafront À 1.65 1.46 1.46 1.46 (11.52) 3,000
0.490 0.285 Sinophil Corp. 0.350 0.350 0.350 0.350 0.00 260,000
699.00 450.00 SM Investments Inc. 651.00 662.00 646.00 660.00 1.38 86,150 12,564,655.00
1.78 1.00 Solid Group Inc. 1.25 1.25 1.23 1.23 (1.60) 1,217,000
1.57 1.14 South China Res. Inc. 1.26 1.26 1.26 1.26 0.00 20,000
1100.00 97.50 Transgrid 460.00 490.00 490.00 490.00 6.52 100
0.420 0.09 Unioil Res. & Hldgs 0.2800 0.2800 0.2750 0.2750 (1.79) 1,630,000 27,500.00
0.620 0.056 Wellex Industries 0.4000 0.4100 0.4000 0.4050 1.25 2,010,000
1.370 0.171 Zeus Holdings 0.630 0.650 0.650 0.650 3.17 285,000
P R O P E R T Y
29.00 11.00 Anchor Land Holdings Inc. 26.00 39.00 33.00 33.50 28.85 1,700 40,700.00
0.74 0.31 Araneta Prop À 0.700 0.700 0.660 0.700 0.00 886,000
22.10 13.36 Ayala Land `B 20.80 21.30 20.65 21.10 1.44 2,356,900 23,914,670.00
6.12 3.08 Belle Corp. À 4.94 4.94 4.87 4.91 (0.61) 1,554,000 (1,068,310.00)
7.55 2.20 Cebu Holdings 6.99 6.85 6.30 6.80 (2.72) 9,699,200 (21,017,319.00)
5.00 1.80 Cebu Prop. À 5.10 5.10 5.10 5.10 0.00 20,000
5.66 0.26 Century Property 1.60 1.65 1.57 1.59 (0.63) 555,800 (5,062,390.00)
2.25 1.20 City & Land Dev. 2.15 2.50 2.15 2.25 4.65 643,000 (616,900.00)
1.65 1.07 Cityland Dev. À 1.23 1.29 1.20 1.26 2.44 359,000
0.127 0.060 Crown Equities Inc. 0.084 0.084 0.081 0.083 (1.19) 5,100,000
1.25 0.67 Cyber Bay Corp. 0.89 0.90 0.89 0.89 0.00 409,000
0.90 0.54 Empire East Land 0.620 0.630 0.620 0.630 1.61 584,000 (309,380.00)
3.80 2.90 Eton Properties 3.47 3.47 3.46 3.46 (0.29) 24,000
0.310 0.10 Ever Gotesco 0.194 0.192 0.191 0.191 (1.55) 640,000
3.06 1.76 Global-Estate 1.90 1.92 1.85 1.88 (1.05) 1,839,000
1.35 0.98 Filinvest Land,Inc. 1.31 1.31 1.28 1.29 (1.53) 843,000 (38,700.00)
2.55 1.21 Highlands Prime 2.10 2.48 1.81 2.45 16.67 745,000
2.14 0.62 Interport À 1.61 1.65 1.54 1.61 0.00 1,042,000
4.50 1.50 Keppel Properties 1.78 1.93 1.92 1.92 7.87 12,000
2.48 1.51 Megaworld Corp. 1.96 1.97 1.94 1.97 0.51 74,680,000 (48,809,320.00)
0.83 0.220 MRC Allied Ind. 0.2220 0.2250 0.2220 0.2230 0.45 1,480,000 (11,250.00)
0.910 0.072 Phil. Estates Corp. 0.8600 0.8600 0.8400 0.8400 (2.33) 17,105,000 (57,800.00)
0.71 0.41 Phil. Realty À 0.530 0.530 0.530 0.530 0.00 30,000
4.90 1.80 Polar Property Holdings 3.55 3.49 3.35 3.49 (1.69) 201,000
17.08 10.00 Robinsons Land `B 16.78 17.28 16.50 17.28 2.98 1,622,500 1,406,038.00
2.60 1.70 Shang Properties Inc. 2.48 2.48 2.48 2.48 0.00 45,000
9.55 6.50 SM Development À 6.93 6.94 6.89 6.90 (0.43) 470,800 (1,683,700.00)
18.20 10.70 SM Prime Holdings 16.50 16.52 16.40 16.48 (0.12) 5,449,300 (17,720,366.00)
1.15 0.64 Sta. Lucia Land Inc. 0.78 0.79 0.76 0.77 (1.28) 921,000
0.80 0.45 Suntrust Home Dev. Inc. 0.560 0.560 0.560 0.560 0.00 100,000
4.00 2.60 Vista Land & Lifescapes 4.300 4.290 4.110 4.260 (0.93) 12,801,000 (2,690,590.00)
S E R V I C E S
2GO Group 2.54 2.59 2.33 2.44 (3.94) 35,000 (22,760.00)
45.00 28.60 ABS-CBN 39.90 40.60 39.70 40.60 1.75 71,700
12.98 1.60 Acesite Hotel 13.28 13.38 12.04 13.34 0.45 1,200 (2,676.00)
9.30 7.13 Asian Terminals Inc. 8.65 8.80 8.80 8.80 1.73 30,000 264,000.00
0.5300 0.0660 Boulevard Holdings 0.1790 0.1790 0.1720 0.1730 (3.35) 15,400,000 70,500.00
98.15 62.50 Cebu Air Inc. (5J) 69.00 69.00 68.80 68.80 (0.29) 55,960 1,508,249.00
9.70 5.40 DFNN Inc. 7.09 7.30 7.07 7.07 (0.28) 168,800
5.90 1.45 Easy Call Common 3.10 3.40 3.05 3.10 0.00 35,000
1750.00 760.00 FEUI 950.00 950.00 950.00 950.00 0.00 510
1270.00 692.00 Globe Telecom 1134.00 1144.00 1126.00 1138.00 0.35 5,905 1,821,210.00
10.34 6.18 GMA Network Inc. 8.45 9.40 8.70 9.10 7.69 1,894,900
62.70 39.90 I.C.T.S.I. 69.00 69.00 68.60 68.90 (0.14) 2,048,610 (26,211,228.00)
6.00 3.80 IPeople Inc. À 5.47 5.45 5.45 5.45 (0.37) 3,000
4.29 2.20 IP Converge 3.01 3.08 3.02 3.08 2.33 155,000 15,150.00
34.50 0.169 IP E-Game Ventures Inc. 0.142 0.145 0.135 0.139 (2.11) 41,710,000
3.87 1.16 IPVG Corp. 1.24 1.24 1.23 1.23 (0.81) 939,000 (885,810.00)
0.0760 0.040 Island Info 0.0620 0.0610 0.0590 0.0590 (4.84) 4,820,000
5.1900 2.900 ISM Communications 3.1200 3.2300 3.1500 3.1600 1.28 100,000 (16,000.00)
3.79 1.58 JTH Davies Holdings Inc. 2.40 2.40 2.40 2.40 0.00 75,000
12.18 5.90 Leisure & Resorts 7.89 7.79 7.60 7.70 (2.41) 491,100
4.75 2.65 Liberty Telecom 2.78 2.80 2.77 2.78 0.00 47,000
2.35 0.92 Lorenzo Shipping 1.85 1.80 1.80 1.80 (2.70) 7,000
3.96 2.70 Macroasia Corp. 2.87 2.86 2.86 2.86 (0.35) 1,000
0.72 0.57 Manila Bulletin 0.74 0.74 0.70 0.70 (5.41) 195,000
3.25 1.00 Manila Jockey 1.48 1.50 1.50 1.50 1.35 1,000
21.00 16.50 Pacic Online Sys. Corp. 18.68 18.68 18.68 18.68 0.00 16,000
8.25 4.49 PAL Holdings Inc. 7.76 7.76 7.70 7.70 (0.77) 183,100 775.00
2.93 1.05 Paxys Inc. 2.79 2.80 2.73 2.74 (1.79) 1,186,000 2,730.00
43.00 17.02 Phil. Seven Corp. 41.00 41.50 41.50 41.50 1.22 1,100
16.72 14.50 Philweb.Com Inc. 16.68 16.68 16.64 16.66 (0.12) 224,300 (583,000.00)
6.90 3.80 PLDT Comm & Energy 4.35 4.35 4.35 4.35 0.00 10,000
2886.00 1990.00 PLDT Common 2604.00 2600.00 2560.00 2574.00 (1.15) 242,780 (266,278,220.00)
0.48 0.23 PremiereHorizon 0.335 0.340 0.340 0.340 1.49 450,000
23.60 10.68 Puregold 22.35 23.50 22.00 22.95 2.68 3,800,200 2,243,040.00
3.79 2.40 Transpacic Broadcast 3.00 2.80 2.76 2.78 (7.33) 39,000 11,040.00
0.79 0.26 Waterfront Phils. 0.520 0.540 0.520 0.540 3.85 1,133,000 (520.00)
MINING & OIL
0.0083 0.0035 Abra Mining 0.0056 0.0056 0.0056 0.0056 0.00 20,000,000
6.20 3.01 Apex À 5.05 5.05 4.95 4.95 (1.98) 344,500
6.22 3.00 Apex `B 5.20 5.10 5.10 5.10 (1.92) 20,000
25.20 14.50 Atlas Cons. À 18.92 18.90 18.40 18.44 (2.54) 1,225,200 57,930.00
38.80 20.00 Atok-Big Wedge À 23.50 23.50 23.45 23.50 0.00 700
0.380 0.148 Basic Energy Corp. 0.295 0.300 0.290 0.300 1.69 2,920,000
30.35 12.50 Benguet Corp À 24.80 24.90 24.90 24.90 0.40 300
2.51 1.62 Century Peak Metals Hldgs 1.75 1.76 1.73 1.75 0.00 1,695,000
47.50 4.34 Dizon 50.20 50.85 50.00 50.00 (0.40) 573,010 275,825.00
1.21 0.50 Geograce Res. Phil. Inc. 0.87 0.93 0.88 0.91 4.60 51,849,000 (495,950.00)
1.82 0.4550 Lepanto À 1.430 1.440 1.410 1.420 (0.70) 11,603,000
2.070 0.4750 Lepanto `B 1.550 1.550 1.510 1.510 (2.58) 6,836,000 899,700.00
0.085 0.030 Manila Mining À 0.0740 0.0750 0.0730 0.0750 1.35 161,430,000
0.087 0.031 Manila Mining `B 0.0750 0.0750 0.0740 0.0740 (1.33) 26,520,000
25.70 15.04 Nickelasia 32.15 32.15 31.85 32.00 (0.47) 875,700 4,036,435.00
12.52 2.08 Nihao Mineral Resources 12.42 12.76 12.40 12.40 (0.16) 11,693,800 10,459,518.00
1.100 0.008 Omico 0.7800 0.8100 0.8000 0.8100 3.85 30,000
7.70 2.12 Oriental Peninsula Res. 7.980 8.280 7.970 8.200 2.76 5,821,500 (277,055.00)
0.032 0.012 Oriental Pet. À 0.0220 0.0230 0.0210 0.0220 0.00 192,300,000
0.033 0.013 Oriental Pet. `B 0.0230 0.0230 0.0220 0.0230 0.00 300,000
7.20 5.10 Petroenergy Res. Corp. 6.35 6.36 6.36 6.36 0.16 16,000
28.95 14.30 Philex À 20.95 20.90 20.40 20.90 (0.24) 2,349,300 4,712,930.00
14.18 3.00 PhilexPetroleum 11.66 11.68 11.16 11.40 (2.23) 882,100 (1,128.00)
0.058 0.013 Philodrill Corp. À 0.052 0.052 0.051 0.051 (1.92) 443,790,000 951,340.00
80.00 20.25 PNOC Expls `B 50.00 50.00 50.00 50.00 0.00 500
252.00 161.10 Semirara Corp. 245.40 245.20 243.60 244.80 (0.24) 203,440 (10,355,636.00)
0.029 0.011 United Paragon 0.0210 0.0220 0.0210 0.0210 0.00 55,100,000
PREFERRED
47.90 27.30 ABS-CBN Holdings Corp. 42.00 50.00 42.00 50.00 19.05 111,000 2,743,000.00
570.00 520.00 Ayala Corp. Pref À 580.00 578.00 578.00 578.00 (0.34) 300 (173,400.00)
11.02 6.00 GMA Holdings Inc. 8.19 9.10 8.69 8.92 8.91 7,988,300 (10,943,440.00)
116.70 106.00 PCOR-Preferred 115.00 115.00 115.00 115.00 0.00 100
80.00 74.50 SMC Preferred 1 79.00 77.00 76.50 76.50 (3.16) 4,500
1050.00 990.00 SMPFC Preferred 1034.00 1034.00 1025.00 1025.00 (0.87) 3,050
6.00 0.87 Swift Pref 1.02 1.20 1.17 1.20 17.65 34,000
WARRANTS & BONDS
1.35 0.62 Megaworld Corp. Warrants 0.97 0.98 0.97 0.98 1.03 880,000 577,200.00
1.38 0.67 Megaworld Corp. Warrants2 0.94 0.94 0.94 0.94 0.00 80,000
TRADI NG SUMMARY
SHARES VALUE
FINANCIAL 10,168,704 753,979,405.84
INDUSTRIAL 524,598,313 732,258,348.39
HOLDING FIRMS 138,600,323 1,619,794,820.74
PROPERTY 148,188,307 479,944,528.16
SERVICES 110,088,477 2,446,036,070.2912
MINING & OIL 998,427,859 504,160,187.146
GRAND TOTAL 1,930,071,983 6,536,173,361.2812
FINANCIAL 1,261.67 (up) 14.31
INDUSTRIAL 7,872.58 (down) 13.68
HOLDING FIRMS 4,319.1 (up) 47.29
PROPERTY 1,892.66 (up) 13.34
SERVICES 1,714.21 (down) 9.75
MINING & OIL 25,527.95 (down) 174.15
PSEI 5,117.46 (up) 20.16
All Shares Index 3,413.18(up) 7.92
Gainers: 74; Losers: 87; Unchanged: 42; Total: 203
CHIN WONG
DIGITAL LIFE
THE Century Properties group
posted a net income of P866
million in 2011, up 382 percent
from P180 million in 2010, on
higher real estate sales.
Listed Century Properties said in
a ling with the Philippine Stock
Exchange consolidated revenues
reached P4.7 billion in 2011, up 53
percent from P3.07 billion a year
ago.
Revenue from real estate sales
amounted to P3.760 billion in the
year ended Dec. 31, 2011, up 44
percent from P2.61 billion a year
ago.
This increase was due primarily
to signicant construction
accomplishments of The Gramercy
Residences, The Knightsbridge
Residences, and the Rio Building
in Azure Urban Resort Residences,
as well as newly completed units
in the Canyon Ranch project,
Century Properties said.
Real estate revenue of Century
City, a project along Kalayaan
Avenue in Makati City that caters
to the middle income and luxury
segments of the market, increased
8.3 percent to P2.63 billion in 2011
from P2.43 billion in 2010.
Sales from the Azure Residences
project in Bicutan rose to P659
million last year from P15.8
million in 2010, while revenue
of the Canyon Ranch project
increased 186 percent to P463
million in 2011.
The property company earlier
said it aimed to generate P20 billion
in reservation sales this year, up 10
percent to P18 billion, from the
projected sale of 5,000 units.
Century Properties in February
raised P2.33 billion through a
share sale and private placement
to nance real estate projects. It
is looking to raise an additional
P2 billion to P4 billion through
borrowings.
Among the completed
developments of CPG are Essensa
East Forbes in Fort Bonifacio, the
Philippines rst fully tted and
fully furnished condominium,
South of Market, also in Fort
Bonifacio, SOHO Central in the
Greeneld District of Mandaluyong
City, Pacic Place in Ortigas and
a collection of French-inspired
condominium projects in Makati,
called Le Triomphe, Le Domaine
and Le Metropole.
Century manages 51 properties,
including the Asian Development
Bank and Makati Medical Center,
as of end-2011.
Century Properties earns P866m
STOCKS rose Monday, bucking the
downtrend in the region, as reports that
remittances grew faster in February
revived appetite for companies that
thrive on foreign exchange earnings and
consumer spending.
The Philippine Stock
Exchange index, the 30-company
benchmark, gained 20 points or
0.4 percent, crossing the 5,100-
point mark anew, to close at
5,117.46. Financial companies,
holding rms and property
developers led gainers.
The heavier index representing
all shares also added 7 points or
0.2 percent to 3,413, even as
losers outnumbered gainers, 87
to 74, with 42 issues unchanged.
Remittances from Filipinos
working overseas rose 5.8
percent to $1.6 billion in
February, boosting the outlook
for consumer spending on cars
and homes, the Bangko Sentral
reported Monday.
GMA Network Inc., which
broadcasts over Channel 7,
jumped 7.7 percent to P9.10, the
biggest gain since Feb. 13, on
reports Philippine Long Distance
Telephone Co. chairman Manuel
Pangilinan offered as much as
P45 billion ($1.05 billion) for
the broadcast rm.
Shares of the nations largest
broadcast company by market
value have added 38 percent
this year amid speculation that
Pangilinan was interested in
buying GMA.
Builder DMCI Holdings Inc.
climbed 6.6 percent to P58 while
Ayala Land Inc., the nations
largest developer, rose 1.4 percent
to P21.10, the highest close since
March 23. Financial rms also
rose, with Philippine National
Bank gaining 3.1 percent to P76
and BDO Unibank Inc. adding
2.1 percent to P64.65.
Manila Water Co. Inc. advanced
1.3 percent to a record P24.30
after chairman Fernando Zobel
de Ayala said the utility expects
to complete its asset acquisitions
this year. The company said net
income rose 7 percent to P4.27
billion in 2011.
2GO Group Inc., the largest
Philippine shipping line operator,
sank 3.9 percent to P2.44, after
the company said talks with
China Ocean Shipping (Group)
Co., also known as Cosco, are
informal.
PLDT decreased 1.2 percent to
P2,574.
Meanwhile, Asian stock markets
sank Monday as Europes debt
crisis threatened to intensify again
while growth in China slowed.
Japans Nikkei slid 1.4 percent to
9,502.95, bruised by a higher yen.
With Bloomberg, AP
MAC users have long enjoyed freedom from viruses
that plague the Windows worlda condition
immortalized in a 2006 Apple video featuring a sickly
Windows PC, played by John Hodgman, and a Mac,
played by Justin Long. In the video, PC is having a
sneezing t and warns Mac not to get too near.
PC: You better stay back, this ones a doozy..
Mac: Thats okay, Ill be ne.
PC: No, no. Do not be a hero. Last year, there were
114,000 known
viruses for PCs.
Mac (shrugs): PCs... not Macs. (Wipes PCs nose
with a tissue.)
PC: I think Im going to crash (then faints).
But into each life some rain must fall, and the video
from six years ago has come back to haunt Apple,
thanks to OSX.Flashback, a malicious program
that infected an estimated 600,000 Macs early this
month, according to the Russian security company
Dr. Web. Symantec, an anti-virus company, estimates
that this number had fallen to 270,000 by April 11,
but infections have put a chink in the Macs armor of
seeming invulnerability.
Malware authors have targeted the Mac OS for
quite some time; however, the recent OSX.Flashback
infections indicate a very signicant shift to the current
threat landscape, which is dominated by malware
on the Windows operating system, Symantec said.
What sets this threat apart from typical Mac Trojans
is the sheer size of Mac computers that have been
infected.
Early versions of OSX.Flashback tricked Mac
users into double-clicking on a le masquerading
as a Flash Player installer, but later strains no longer
require user intervention and work instead by
exploiting a security aw in Java. Once installed,
the program sniffs out passwords and sends them
to remote servers that then use the compromised
machinesnow bots in a botnetto carry out denial-
of-service attacks, send out spam and carry out other
illegal activities.
Fortunately, it is fairly easy to get rid of Flashback
just run Software Update and install the latest
version of Java runtime from Apple, which patches
the vulnerability being exploited. The update only
works for OS X 10.6 (Snow Leopard) and 10.7
(Lion), however, and Apple has not released patches
for older versions of its operating system such as
Tiger and Leopard, which are still vulnerable to the
attacks.
Security analysts agreed that the extent of
Flashback infections exposed the myth of the Macs
invulnerability to viruses, a belief that Apple has
ironically encouraged.
Writing in Forbes, Adrian Kingsley-Hughes pins
the blame for the Flashback outbreak on Apple and
says the company needs to learn from its mistakes
and become far more proactive in dealing with
security threats.
If you thought Apple was working hard to keep
you safe, you were wrong. Apple didnt have your
back, he writes.
Oracle, which makes Java, provides updates
and security patches directly to Windows and Linux
users but cannot do so on the Mac OS X platform,
where users must rely on Apple, Kingsley-Hughes
writes. Unfortunately, Apple has been typically six
months behind the Java patches, which gives time to
virus authors to exploit security holes that Oracle has
xed.
The lesson? Dont simply rely on Apple or believe
that your Mac is immune from attack. In the wake
of the Flashback infections, security analysts say
users should take precautions against similar attacks,
which are bound to grow more common as the Mac
platform becomes more popular.
Costin Raiu of Kaspersky suggests several
common sense ways to improve security on the Mac,
including:
Using and creating a non-administrator account
and using it for day-to-day activities to limit the
damage of malicious attacks;
Using a secure browser (he recommends Google
Chrome);
Uninstall the standalone Flash Player, which is a
common target for hackers;
Uninstall or disable Java if you dont need it;
Run Software Update regularly and promptly
install updates, especially those related to security;
Use the built-in Keychain password manager;
Update Adobe Reader, another favorite target for
hackers, to Version 10 or later; and Install anti-virus
software. Raiu recommends Kaspersky, of course,
but there are free alternatives available (such as
ClamXav).
Column archives and blog at:
http://www.chinwong.com
business@manilastandardtoday.com extrastory2000@gmail.com
Business
ManilaStandardToday TUESDAY APRIL 17, 2012
B3
Treasury
bill rates
decrease
SM, Ayala groups
to sell record bonds
Clark keeps bid
for logistics hub
By Julito G. Rada
THE government will pursue the previous plan to
transform Clark Freeport Zone into a premier logistics
hub in the region to attain steady ow of revenues in
the coming years.
State-run Clark Development Corp. said aside
from attracting tourists and new investments, the
transformation of Clark Freeport into a logistics hub
will complete the development of the area.
The CDC envisions a consistent enhancement of
its revenue programs by delving into a well-focused
marketing strategy on transforming the free port into a
premier logistics hub vis--vis a globally competitive
economic hub, the agency said on Monday.
The previous administration had planned to
establish Diosdado Macapagal International Airport
as part of a mega-logistics hub for Central Luzon and
the Clark-Subic corridor.
The Center for Research and Communications,
Transport and Logistics Institute earlier said the
development of the airports logistic sector will take
advantage of rising global trade, as 40 percent of
world shipments are now being moved by air.
The center estimated the global logistics market at
$3.5 trillion, including $1 trillion in the Asia-Pacic
region alone, which is expected to grow by 3 to 10
percent per year over the next 10 to 15 years.
Meanwhile, CDC said Texas Instruments, which
relocated in the free port in 2010, contributed $1.53
billion in export earnings in 2011.
This helped raise combined exports of Clark
locators by 161 percent to $3.912 billion in 2011 from
$1.453 billion in 2010. Clarks exports accounted for
about 8.1 percent of the total Philippine exports of
$48.5 billion in 2011.
Other companies responsible for Clarks record-
high exports in 2011 were Nanox Philippines Inc., with
$791 million; Phoenix Semiconductor Philippines
Corp., $566 million; Yokohama Tire Philippines Inc.,
$298 million; L&T International Group Philippines
Inc., $145 million; and SMK Electronics (Phils.)
Corp., $98 million.
Clarks top ve sectors in terms of exports were
electronics, with $3.1 billion; tires, $298 million;
garments, $226 million; other manufacturing, $131
million; aviation-related, $13 million; and others,
$139 million.
Employment in the free port also grew by 6 percent
to 64,055 from 60,162 in 2010. CDC signed 207
projects with a total committed investment of P23
billion in 2011 that would provide 8,206 new jobs.
RCBC award. Rizal Commercial Banking Corp., the countrys fourth-largest capitalized
private universal bank, has made it to the roster of 10 Asian banks recognized by IDC Financial
Insights, the regions leading research and advisory company, for trailblazing innovations in the
eld of nancial services. RCBC executive vice president Dennis Bancod (center), who receives
the award in Singapore, is anked by Raymond Kwong (left), managing director of Silverlake
Axis; and Philippe de Marcillac, executive vice president of IDC.
AYALA Land Inc. and conglomerate SM Investments
Corp. are selling record bonds to fund investments and
other corporate activities.
Ayala Land started Monday a public offering
of P15 billion worth of bonds, the largest debt
issue of the company to date. The bonds consist
of an aggregate principal amount of P10 billion
with an oversubscription option of up to P5
billion. The company plans to issue the bonds
in two tranches of seven and 10 years.
The public offer will run from April 16 to
April 23, with the issue date set on April 27,
2012.
This offering represents the largest fund-
raising initiative by Ayala Land in the capital
markets, exceeding its P10-billion note issue
last year with a 15-year tranche, the longest
tenor for a Philippine corporate institution,
Ayala Land treasurer Augusto Bengzon said.
This is in step with Ayala Lands largest
capital expenditure program to date of P37
billion, topping as well last years record of
P30 billion. This positions Ayala Land to
achieve stronger results in 2012, having closed
yet another banner year in 2011.
The company posted a record net income of
P7.14 billion attributable to equity holders of
Ayala Land, up 31 percent from P5.46 billion
in 2010.
BPI Capital Corp. and The Hongkong and
Shanghai Banking Corp. Limited are joint
lead managers and underwriters, while BDO
Capital and Investment Corp. and First Metro
Investment Corp. are co-lead managers and
underwriters of the offering.
SM Investments, meanwhile, obtained the
highest rating of PRS Aaa from Philippine
Ratings Services Corp. for its planned P15-
billion xed rate bond offering.
The PRS Aaa is the highest rating assigned by
PhilRatings to obligations that are considered
utmost quality with minimal credit risk. It is also
assigned to issuing companies with an extremely
strong ability to meet its nancial obligations.
The ratings reect SMs diversied
portfolio, which includes core companies with
strong market position, sustained earnings and
recurring cash ows; its solid brand equity
and experienced management team; strong
liquidity; and sound capitalization. The ratings
also consider the continued positive prospects
for the Philippine economy, in general, and the
industries where the SM Group has primary
investments, in particular, PhilRatings said.
SM Investments said Friday it would issue
P10 billion xed-rate bond with an option for
oversubscription by another P5 billion.
The xed-rate bonds will be offered in two
tranches, with tenors of 10 and 15 years.
The conglomerate has appointed BDO
Capital and Investment Corp. and First Metro
Investment Corp. as co-lead managers of the
offering.
SM Investments said it would negotiate and
nalize the terms and conditions, including
pricing and any increase in issuance amount,
and execute documents to implement the
bond issue.
By Bernadette Lunas
THE government raised P5.5 billion
during Mondays auction, as the
markets preference for debt papers
with long tenors pulled down the rates
for six-month and one-year Treasury
bills.
The Treasury accepted bids for 182-
day (six-month) and 364-day (one-
year) Treasury bills while rejecting
the bids for the 91-day debt papers.
Tenders for the 182-day papers
reached P4.69 billion, with the
auction committee accepting P2
billion at a rate of 2.4 percent, which
was 5 basis points lower than the
previously recorded 2.45 percent.
Demand for the one-year papers
reached P6.85 billion, almost double
the scheduled offering of P3.5
billion. This pulled down the rate
to 2.6 percent from 2.808 percent
previously.
We accepted all bids for both
T-bills as we try to get the best rate
for us. With respect to the 182-day
security, its rate is lower than the 91-
day, National Treasurer Roberto Tan
said.
Meanwhile, the auction committee
decided to reject all bids for the 91-
day T-bill, whose rate stood at 2.494
percent.
Tenders for the three-month papers
reached P2.765 billion, only slightly
higher than the scheduled offering of
P2 billion.
The market wants high rate for the
three-month paper so we just cant
accept the bids for that, Tan said.
The government has maturing loans
of P4.8 billion this week, out of its
outstanding local debt of P2.9 trillion,
which is mainly comprised of T-bills
and bonds.
Tan said the government planned to
make debt swap a regular part of the
auction hopefully this year.
REPUBLIC OF THE PHILIPPINES
ENERGY REGULATORY COMMISSION
SAN MIGUEL AVENUE, PASIG CITY
IN THE MATTER OF THE
APPLICATION FOR THE
APPROVAL OF THE SALE OF
VARIOUS SUBTRANSMISSION
LINES/ASSETS OF THE
NATIONAL TRANSMISSION
CORPORATION (TRANSCO) TO
ILIGAN LIGHT AND POWER, INC.
(ILPI), AS COVERED BY A
CONTRACT TO SELL
ERC CASE No. 2012-___RC
NATIONAL TRANSMISSION
CORPORATION (TRANSCO)
and ILIGAN LIGHT AND POWER,
INC. (ILPI),
Applicants.
x---------------------------------------------x
J OI NT APPLI CATI ON
Applicants NATIONAL TRANSMISSION CORPORATION
(TRANSCO) and ILIGAN LIGHT AND POWER, INC. (ILPI),
through their respective counsels, and to this Honorable
Commission, respectfully aver that:
1. TRANSCO is a government-owned and controlled
corporation (GOCC) created and existing by virtue of Republic
Act (RA) No. 9136, otherwise known as the Electric Power
Industry Reform Act of 2001 (EPRA), with principal offce
address at the TRANSCO Main Building, Quezon Avenue
corner BIR Road, Diliman, Quezon City. It may be served
with pleadings, notices, orders and other documents through
its undersigned counsel at its principal offce address.
2. ILPI is an electric distribution utility (DU) organized
and existing under the laws of the Republic of the Philippines,
with principal offce address at Bro. Raymund Jeffrey Road,
Pala-O, Iligan City, Philippines. ILPI is the holder of an
exclusive franchise issued by Congress of the Philippines
to operate an electric light and power service in the City of
Iligan in the Province of Lanao del Norte. It may be served
with pleadings, notices, orders and other documents through
its undersigned counsel.
3. By virtue of Section 8 of the EPIRA, TRANSCO
assumed the electrical transmission functions of the National
Power Corporation (NPC) and it was authorized and made to
assume the responsibility of NPC for the planning, construction
and centralized operation and maintenance of high voltage
transmission facilities, including grid interconnections and
ancillary services.
4. Section 8 of the EPIRA and Rule 6, Section 8 (e) of
the EPIRAs Implementing Rules and Regulations (IRR)
also mandate the segregation of the transmission and
subtransmission functions and assets for transparency and
disposal, and authorize TRANSCO to negotiate, and to
transfer such subtransmission assets (STAs) and facilities to
qualifed distribution utilities (DUs).
5. Pursuant thereto, this Honorable Commission
promulgated the Guidelines on the Sale and Transfer of the
TRANSCOs Subtransmission Assets and the Franchising of
Qualifed Consortiums (ERC Guidelines) dated 17 October
2003, as amended by Resolution No. 3, Series of 2005 (17
March 2005) which set forth among others, the standards
to distinguish TRANSCOs transmission assets from its
subtransmission assets and establish the approval process
prior to the fnal sale and transfer of STAs to DUs.
Consistent with the ERC Guidelines, TRANSCO
adopted its own Guidelines on the Sale of Subtransmission
Assets [TRANSCO Guidelines] (Annex A) as approved
by TRANSCO Board Resolution No. TC-2003-067 dated
28 November 2003 (Annex A-1), as further amended by
TRANSCO Board Resolution No.TC-2004-009 dated 16
March 2004 (Annex A-2).
6. On 16 July 2011, the Honorable Commission issued
Resolution No. 15, Series of 2011 entitled: A Resolution
Adopting the Amended Rules for the Approval of the Sale
and Transfer of TRANSCOs Subtransmission Assets and the
Acquisition by Qualifed Consortiums."

7. In accordance with the aforesaid ERC Guidelines,
TRANSCO has evaluated that the following assets meet the
criteria for STAs:
a. Agus 6 Switchyard-Kiwalan 69 kV line;
b. Agus 6 Switchyard-NSC L2 69 kV line;
c. Agus 6 Switchyard-Overton 69 kV line;
d. Kiwalan-ICC 69 kV line;
e. Kiwalan-Mapalad 69 kV line;
f. Overton-ILPI 13.8 kV line;
g. Kiwalan-PFC 69 kV line;
h. Agus 6 Switchyard-NSC L1; and,
i. Mapalad-Lugait (3.94 km portion of 30.9 km Agus
6-Lugait).
Copies of the Report that the assets for sale meet the
criteria for STAs, List of STAs for sale to ILPI and the Electrical
diagram are hereto attached as Annexes B, C and D,
respectively.
8. TRANSCO has established that ILPI meets and
possesses the technical capability criteria under Article
IV of the ERC Guidelines in acquiring the said STAs. ILPI
is likewise fnancially capable of purchasing, operating,
maintaining, upgrading and expanding the subject STAs in its
franchise area.
Copies of the Technical and Financial Qualifcation
Evaluations conducted by TRANSCO as well as the
Description of the Franchise Area being served by the subject
assets are hereto attached as Annexes E, F and G,
respectively.
Also attached hereto as proofs of LP's fnancial
qualifcations are its Audited Financial Statements (Annex
H) as of 31 December 2009 and 31 December 2010.

9. On 27 July 2007, the LP Board of Directors issued
a Resolution authorizing the purchase by ILPI of some of
TRANSCOs assets, subject to ERC approval.
Hereto attached as Annex I is a Secretary's Certifcate
dated 25 September 2008, duly signed by Mr. Raul R.
Villanueva, ILPIs Corporate Secretary.
10. On 19 December 2011, TRANSCO and ILPI
concluded a Contract to Sell (Annex J) covering the subject
subtransmission assets.
11. Under the abovementioned Contract, ILPI shall pay
TRANSCO the total purchase price of TWENTY FOUR
MILLION NINE HUNDRED FIFTY ONE THOUSAND EIGHT
HUNDRED ELEVEN & 18/100, Philippine Currency
(PhP24,951,811.18), net of adjustments and deductions.
12. The subject subtransmission assets are valued
in reference to the Sinclair Knight Merz (SKM) valuation
pursuant to ERC Resolution No. 01, Series of 2009, as
amended. An excerpt from the report of SKM showing the
value of the subject assets is hereto attached as Annex K;
13. Furthermore, Applicants TRANSCO and ILPI
respectfully submit the following documents as part of the
requirements provided in the ERC Guidelines:
a. Third Party Appraisal Report (Annex L);
b. List of Connected DUs and ECs and Directly
Connected Entities (Annex M); and,
c. Draft Deed of Sale (Annex N);
14. The proposed sale has satisfed all of the requirements
and criteria set by the EPIRA and its IRR, as well as this
Honorable Commissions Guidelines and TRANSCOs
Guidelines on the Sale of Subtransmission Assets;
15. The approval by this Honorable Commission of the
instant Joint Application shall pave the way for the attainment
of a reformed electricity industry under the EPIRA, which
would ultimately best serve the interest of the consuming
public.
PRAYER
WHEREFORE, it is most respectfully prayed to this
Honorable Commission that the instant application for the
approval of the sale of TRANSCOs subtransmission assets
in favor of Iligan Light and Power, Inc. (ILPI) under the terms
provided in the Contract to Sell dated 19 December 2011, as
amended, be APPROVED.
Applicants pray for such other relief as are deemed just
and equitable under the premises.
Quezon City and Pasig City, 15 March 2012.
NATIONAL TRANSMISSION CORPORATION
TRANSCO Main Building, Quezon Avenue corner BIR
Road, Diliman, Quezon City

By:
(Sgd.) NOEL Z. DE LEON
General Counsel
IBP No. 826768, 01.12.12, Quezon City
Roll of Attorneys No. 36660
MCLE Compliance No. III-0012070, 04.06.10
(Sgd.) LEON T. TAPEL, JR.
Deputy Legal Counsel
IBP No. 869895, 11.05.11, PPLM
MCLE Compliance No. III-0004876
(Sgd.) GINA LOURDES D. VALEROS
Manager, Legal Counseling Department
IBP No. 08200 (Lifetime), Quezon City
MCLE Compliance III-110011545, 04.13.10
(Sgd.) SOLEDAD T. DE LA VEGA-CABANGIS
Corporate Attorney III
Roll of Attorneys No. 45797, 05.24.01
IBP No. 825514 (Lifetime), 04.23.10, Bulacan
MCLE Compliance No. II-0010363
ILIGAN LIGHT AND POWER, INC. (ILPI)
Bro. Raymund Jeffrey Road, Pala-O, ligan City,
Philippines
By:
(Sgd.) MANUEL L.M. TORRES
IBP No. 874214; 01.02.12, Quezon City
PTR NO. 7545436; 01.04.12, Pasig City
MCLE Compliance No. III-0011486; 04.08.10
(Sgd.) MIGUEL K. MATHAY
IBP No. 874215; 01.02.12, RSM
PTR NO. 7545437; 01.04.12, Pasig City
MCLE Compliance No. III-0009491; 04.07.10
VERIFICATION and CERTIFICATION
of NON-FORUM SHOPPING
-----------------------------------------------------------
I, ROLANDO T. BACANI, of legal age, married, and
with offce address at the National Transmission Corporation
(TRANSCO), TRANSCO Main Building, Quezon Avenue
corner BIR Road, Diliman, Quezon City, after having been
duly sworn in accordance with law, do hereby depose and
state, that:
1. I am TRANSCOs President and Chief Executive
Offcer (CEO) who is authorized to represent it in this Joint
Application as per the hereto attached relevant section of
TRANSCOs Manual of Approvals (Annex O);
2. have caused the preparation of the instant Joint
Application and read the contents thereof, and I attest that the
allegations herein contained are true and correct based on my
personal knowledge and on authentic records;
3. I have not commenced any other action or proceeding
involving the same issues in the Supreme Court, the Court of
Appeals or any court, tribunal, or quasi-judicial agency and,
to the best of my knowledge, no such other action or claim is
pending therein; and
4. Should I hereinafter learn that the same or a similar
action or claim has been fled or is pending in the Supreme
Court, the Court of Appeals or any court, tribunal, or quasi-
judicial agency, shall report the said fact within fve (5) days
from discovery thereof to this Honorable Commission.
(Sgd.) ROLANDO T. BACANI
Affant
SUBSCRIBED AND SWORN to before me this 28th day of
March, 2012 at Quezon City. Affant who is personally known to
me, exhibited to me his TRANSCO I.D. No. 00011-9 issued at
Quezon City on ________________ as competent evidence
of identity.

(Sgd.) ATTY. NYERSON DEXTER Q. TUALLA
Notary Public
Until Dec. 31, 2013
Doc. No. _185_;
Page No._ 38 _;
Book No._ 1 _;
Series of 2012.
VERIFICATION and CERTIFICATION
of NON-FORUM SHOPPING
----------------------------------------------------------
I, RALPH B. CASINO, of legal age, married, with
offce address at ligan Light and Power, nc. (LP), Bro.
Raymund Jeffrey Road, Pala-O, ligan City, Philippines, after
having been duly sworn in accordance with law, do hereby
depose and state that:
1. I am the President of ILPI, who is duly authorized
to represent it in the above-entitled case, as evidenced by
the Secretary's Certifcate which has been attached to the
Application (Annex I) has caused the preparation of the
foregoing Application and is authorized to represent ILPI in
this Joint Application;
2. have caused the preparation of the instant Joint
Application and read the contents thereof, and I attest that
the allegations herein contained are true and correct based
on my personal knowledge and on authentic records of Iligan
Light and Power, Inc.;
3. ILPI has not commenced any other action or
proceeding involving the same issues in the Supreme Court,
the Court of Appeals or any court, tribunal, or quasi-judicial
agency and, to the best of my knowledge, no such other
action or claim is pending therein; and
4. Should I hereinafter learn that the same or a similar
action or claim has been fled or is pending in the Supreme
Court, the Court of Appeals or any court, tribunal, or quasi-
judicial agency, shall report the said fact within fve (5) days
from discovery thereof to this Honorable Commission.
(Sgd.) RALPH B. CASINO
Affant
SUBSCRIBED AND SWORN to before me this 22
nd

day of March, 2012 at ligan City. Affant who is personally
known to me, exhibited to me his Community Tax Certifcate
No. 34120673 issued at ligan City on 02 January 2012, as
competent evidence of identity.
(Sgd.) ATTY. FRANCISCO P. UGAT
Notary Public
Until Dec. 31, 2013
Doc. No. _453_;
Page No._ 91 _;
Book No._ xx _;
Series of 2012.
(MST-Apr. 17, 2012)
(MST-Apr. 17, 2012)
Republika ng Pilipinas
Department of Agriculture
Pambansang Pangasiwaan ng Patubig
(NATIONAL IRRIGATION ADMINISTRATION)
Urdaneta, PangasinanTel./Fax No. 075-568-2308; 568-8442; 568-4876
The National Irrigation Administration through the General Appropriation Act of 2012 now invites bids
for the REHAB/RESTO OF CAPAGAYAN CIS under GAA 101. The project is located in Pasuquin, Ilocos
Norte. Bids received in excess of the ABC shall be automatically rejected at bid opening.
Contract Ref. No.
Approved Budget for
the Contract (ABC)
Description of
Work
Contract
Duration
Pre-bid
Conference
Opening of Bids
Location of Pre-bid
& Opening of Bids
A. PACKAGE 1
R1-INIMO-12-01-039 Php 4,876,664.70
Canalization &
Canal Structures
120 c.d.
April 18, 2012
at 2:00 PM
May 3, 2012
at 10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
B. PACKAGE 2
R1-INIMO-12-01-040 Php 4,375,715.55
Canalization &
Canal Structures
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
C. PACKAGE 3
R1-INIMO-12-01-041 Php 3,400,746.35
Canalization &
Canal Structures
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
D. PACKAGE 4
R1-INIMO-12-01-042 Php 3,321,230.55
Canalization &
Canal Structures
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
E. PACKAGE 5
R1-INIMO-12-01-043 Php 4,446,091.83
Canalization &
Canal Structures
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
F. PACKAGE 6
R1-INIMO-12-01-044 Php 3,307,965.22
Canalization &
Canal Structures
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
G. PACKAGE 7
R1-INIMO-12-01-045 Php 3,246,565.55
Canalization,
Canal Structures
& Drainage
System
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
H. PACKAGE 8
R1-INIMO-12-01-046 Php 4,594,794.07
Canalization,
Canal Structures
& Drainage
System
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
I. PACKAGE 9
R1-INIMO-12-01-047 Php 4,709,445.48
Canalization,
Canal Structures
& Drainage
System
120 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
J. PACKAGE 10
R1-INIMO-12-01-048 Php 1,899,043.50
Canalization,
Canal Structures
& Drainage
System
90 c.d.
April 18, 2012 at
2:00 PM
May 3, 2012 at
2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
1. Bidder must have an experience of having completed, within a period ten (10) years from the
date of submission and receipt of bids, a single contract that is similar to the contract to be
bid, must be at least 50% of the ABC. The description of an eligible bidder is contained in the
Bidding Documents, particularly, in Section II, Instructions to Bidders.
2. Bidding will be conducted through open competitive bidding procedures using non-discretionary
pass/fail criterion as specifed in the mplementing Rules and Regulations (RR) of Republic
Act 9184 (RA 9184), otherwise known as the Government Procurement Reform Act. Bid-
ding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with
at least seventy fve percent (75%) interest or outstanding capital stock belonging to citizens
of the Philippines.
3. Interested bidders may obtain further information from National Irrigation Administration,
Urdaneta City, Pangasinan (offce of the Head, BAC Secretariat) and inspect the Bidding
Documents from 8:00 A.M to 5:00 PM:
4. Acomplete set of Bidding Documents may be purchased by interested Bidders from the above
address and upon payment at the NIA Cashier of a non-refundable fee for the Bidding Docu-
ments in the amount of FOUR THOUSAND PESOS (Php4,000.00) per package.
5. ssuance & Availability of bidding documents is from the frst day of advertisement/Posting of
Invitation to Bid/ Request for Expression of interest until submission and receipt of bids. Late
bids shall not be accepted.
6. All bids must be accompanied by a bid security in any of the acceptable forms and in the
amount stated in ITB Clause 18.
7. All bids must be accompanied by a Certifcate of Site nspection issued by the implementing
offce.
8. All bids must be accompanied by a Certifcate of Site nspection issued by the implementing
offce.
9. The National Irrigation Administration reserves the right to reject bids, declare a failure of bid-
ding, and not to award the contract without incurring any liability if the funds/allotment for the
project to be bid has been withheld or reduced through no fault of its own.
For further information, please refer to:
ENGR. MYRNA C. MARTINEZ - Head BAC Secretariat
NIA-Regional Offce No. 1
Barangay Bayaoas, Urdaneta City, Pangasinan
Telefax No: (075)568-8442
E-mail address: niaengineeing@yahoo.com
(Sgd.) ROBERTO Q. ABULE
BAC Chairman
INVITATION TO BID
CONSTRUCTION OF CAPAGAYAN CIS
(MST-Apr. 17, 2012)
The National Irrigation Administration through the General Appropriation Act of 2011
now invites bids for the CONSTRUCTION/REPAIR/REHABILITATION OF PAPA RIS under GAA
101 (Calamity Fund). The project is located in Marcos, Ilocos Norte. Bids received in
excess of the ABC shall be automatically rejected at bid opening.
Cont r ac t Ref. No.
Appr oved Budget
f or t he Cont r ac t
(ABC)
Desc r i pt i on of
Wor k
Cont r ac t
Dur at i on
Pr e-bi d
Conf er enc e
Openi ng of
Bi ds
Loc at i on of
Pr e-bi d &
Openi ng of
Bi ds
A. PACKAGE 1
R1-INIMO-12-03-120 Php 4,551,096.80 Diversion Works 90 c.d.
April 18, 2012
at 2:00 PM
May 2, 2012
at 2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
B. PACKAGE 2
R1-INIMO-12-03-121 Php 2,341,222.49
Canalization,
Canal Structures
& Drainage
System
60 c.d.
April 18, 2012
at 2:00 PM
May 2, 2012
at 2:00 PM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
1. Bidder must have an experience of having completed, within a period ten (10)
years from the date of submission and receipt of bids, a single contract that is
similar to the contract to be bid, must be at least 50% of the ABC. The descrip-
tion of an eligible bidder is contained in the Bidding Documents, particularly, in
Section II, Instructions to Bidders.
2. Bidding will be conducted through open competitive bidding procedures using
non-discretionary pass/fail criterion as specifed in the mplementing Rules and
Regulations (IRR) of Republic Act 9184 (RA 9184), otherwise known as the Gov-
ernment Procurement Reform Act. Bidding is restricted to Filipino citizens/sole
proprietorships, partnerships, or organizations with at least seventy fve percent
(75%) interest or outstanding capital stock belonging to citizens of the Philippines.
3. Interested bidders may obtain further information from National Irrigation Admin-
istration, Urdaneta City, Pangasinan (offce of the Head, BAC Secretariat) and
inspect the Bidding Documents from 8:00 A.M to 5:00 PM:
4. A complete set of Bidding Documents may be purchased by interested Bidders
from the above address and upon payment at the NIA Cashier of a non-refundable
fee for the Bidding Documents in the amount of FOUR THOUSAND PESOS
(Php4,000.00) per package.
5. ssuance & Availability of bidding documents is from the frst day of advertisement/
Posting of Invitation to Bid/ Request for Expression of interest until submission
and receipt of bids. Late bids shall not be accepted.
6. All bids must be accompanied by a bid security in any of the acceptable forms
and in the amount stated in ITB Clause 18.
7. All bids must be accompanied by a Certifcate of Site nspection issued by the
implementing offce.
8. The National Irrigation Administration reserves the right to reject bids, declare
a failure of bidding, and not to award the contract without incurring any liability
if the funds/allotment for the project to be bid has been withheld or reduced
through no fault of its own.
Telefax No: (075)568-8442
BAC Chairman
INVITATION TO BID
CONSTRUCTION/REPAIR/REHABILITATION
OF PAPA RIS
(MST-Apr. 17, 2012)
INVITATION TO BID
CONSTRUCTION/REPAIR/REHABILITATION
OF NMC & PASUQUIN ESTENSION RIS
The National Irrigation Administration through the General Appropriation Act of 2011
now invites bids for the CONSTRUCTION/REPAIR/REHABILITATION OF NMC & PASUQUIN
EXTENSION RIS under GAA 101 (Calamity Fund). The project is located in Vintar,
Ilocos Norte. Bids received in excess of the ABC shall be automatically rejected at
bid opening.
Contract Ref. No.
Approved Budget for
the Contract (ABC)
Description of Work
Contract
Duration
Pre-bid Confer-
ence
Opening of Bids
Location of Pre-bid
& Opening of Bids
A. PACKAGE 1
R1-INIMO-12-03-117 Php 1,826,294.06
Canalization & Canal
Structures
60 c.d.
April 18, 2012 at
2:00 PM
May 2, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
B. PACKAGE 2
R1-INIMO-12-03-118 Php 2,210,109.96 Canalization 60 c.d.
April 18, 2012 at
2:00 PM
May 2, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
B. PACKAGE 3
R1-INIMO-12-03-119 Php 1,804,467.86 Canalization 60 c.d.
April 18, 2012 at
2:00 PM
May 2, 2012 at
10:00 AM
NA-Reg. Offce
Conf. Room,
Urdaneta City,
Pangasinan
1. Bidder must have an experience of having completed, within a period ten (10)
years from the date of submission and receipt of bids, a single contract that is
similar to the contract to be bid, must be at least 50% of the ABC. The description
of an eligible bidder is contained in the Bidding Documents, particularly, in Section
II, Instructions to Bidders.
2. Bidding will be conducted through open competitive bidding procedures using
non-discretionary pass/fail criterion as specifed in the mplementing Rules and
Regulations (IRR) of Republic Act 9184 (RA 9184), otherwise known as the
Government Procurement Reform Act. Bidding is restricted to Filipino citizens/
sole proprietorships, partnerships, or organizations with at least seventy fve
percent (75%) interest or outstanding capital stock belonging to citizens of the
Philippines.
3. Interested bidders may obtain further information from National Irrigation
Administration, Urdaneta City, Pangasinan (offce of the Head, BAC Secretariat)
and inspect the Bidding Documents from 8:00 A.M to 5:00 PM:
4. A complete set of Bidding Documents may be purchased by interested Bidders
from the above address and upon payment at the NIA Cashier of a non-refundable
fee for the Bidding Documents in the amount of FOUR THOUSAND PESOS
(Php4,000.00) per package .
5. ssuance & Availability of bidding documents is from the frst day of advertisement/
Posting of Invitation to Bid/ Request for Expression of interest until submission
and receipt of bids. Late bids shall not be accepted.
6. All bids must be accompanied by a bid security in any of the acceptable forms
and in the amount stated in ITB Clause 18.
7. All bids must be accompanied by a Certifcate of Site nspection issued by the
implementing offce.
8. The National Irrigation Administration reserves the right to reject bids, declare
a failure of bidding, and not to award the contract without incurring any liability
if the funds/allotment for the project to be bid has been withheld or reduced
through no fault of its own.
Telefax No: (075)568-8442
BAC Chairman
B4
Provinces
Edited by Leo A. Estonilo www.manilastandardtoday.com mst@manilastandardtoday.com
Eradicating
rats to
improve
farm yield
Ayala techno hub opens upland
Albay to get P1.4b
for tourism infra
Freeport teamsmanship pushed
By Dexter A. See

BAGUIO CITYAyala Land president
Antonino Aquino prefers the upland techno
hub to blend well with the natural setting
of Camp John Hay.
We want to strike a balance
between development and the
environment so we have main-
tained the greenery, he said at
the unveiling of the 12-hectare
leased section on the 247-hectare
economic zone.
Aquino said about 2,500 resi-
dents of the city and surrounding
communities have been hired
by locators on three hectares for
dining and retail shops led by
Seafood and Army Navy restau-
rants along with R.O.X. sports
outtter.
Convergys, representing the
business process outsourcing
sector, is joined by Yellow Cub
Pizza and Bank of Philippine
Islands among other establish-
ments in 35 slots reserved for
tenants catering to the citys visi-
tors not only during peak travel
periods but throughout the year.
Jamie Eloise Agbayani, presi-
dent of the John Hay Manage-
ment Corp., said more jobs are
expected when techno hub oper-
ations go into full swing as tour-
ism and investment destination
rolled into one.
Being an educational center,
Baguio assures a pool of quali-
ed manpower for technical
jobs, information technology,
construction and other services
similar to Ayala Lands techno
hub at the University of the Phil-
ippines, Diliman campus in Que-
zon City.
Commissioner Monchito Ibra-
him, of the Commission on In-
formation and Communication
Technology, said Baguio has
been in the BPO mainstream
usually manifested by call cen-
ters in the National Capital Re-
gion and urban centers such as
Metro Cebu.
He said the citys human re-
source is technically skilled and
procient in English, competen-
cies required in design and pro-
cess delivery, transcription, ani-
mation and game development
which is now the worldwide
trend.
LEGAZPI CITYTourism Sec-
retary Ramon Jimenez Jr. has
approved a P1.4-billion tourism
infrastructure package for the
province.
In announcing the allocation,
he lauded Albay as the countrys
fastest rising tourist destination.
Albay Gov. Joey Salceda said the
funding covered the P440-million
Cagraray Circumferential Road in
Bacacay town worth P440 million,
and a P870-million road that links
Albay with Donsol, Sorsogon,
home to the world famous Butand-
ing or whale shark.
Salceda has pursued an ag-
gressive tourism campaign with
the theme Albay Rising to shift
the focus to tourism and agri-
culture after making signicant
strides health, education, disas-
ter risk reduction and climate
change adaptation.
Jimenez acknowledged Salce-
das tourism drive which boost-
ed Albays economic activity by
17 percent in 2011, above the 15
percent national growth rate for
the year.
Salceda, chairman of the Bicol
Regional Development Council,
led the creation of the Albay-
Sorsogon-Masbate Tourism Al-
liance to dovetail activities in
the neighboring localities.
SCIENCE CITY OF
MUNOZThe Philippine
Rice Research Institute is
holding a continuous campaign
to reduce losses due to rodents
and enable farmers to increase
their yields and income.
Leonardo Marquez, chief of
the PhilRice crop protection
division, said planters should
inspect potential breeding
grounds.
In a recent eradication
drive, PhilRice staff 80 rats in
a 90-hectare farmland during
a two-hour operation at its
central experiment station
here.
Marquez said a pair with
enough food and water, could
produce up to 500 offsprings.
The team used sacks,
sh nets, bamboo poles and
pails as it searched creeks,
irrigation canals and ducts.
Marquez said catching
rats must be timed when
the rat population is still
low or before rice enters the
reproductive stage.
He said rats usually hide
and reproduce in burrows,
then leave their holes when
rice plants are in reproductive
stage.
Marquez said burrows may
be lled up with mixed soil
and water which can cause
the burrows to close when
mud dries up.
Ferdie G. Domingo
BATAANThe Authority of
the Freeport Area of Bataan and
the Export Processing Zone
Chamber of Exporters and
Manufacturers are committed
to transform the Freeport into
a global transshipment center.
Paulo Tibig, AFAB director, also
sits a EPZCEM board member gave
the assurance of a strong working
team with Pompil Corsame,
president and EPZCEM chairman.
Tibig heads Vintel Logistics while
serving as president of the Association
of Filipino Franchisers Inc.
He has been cited one of the Top Ten
Entrepreneurs of 2005 by Entrepreneur
Philippines; winning mentor in the
2007 Entrepreneur Schools of Asia
Teenpreneur Challenge; and nalist in
the 2008 Nokia Mobile Entrepreneur
Awards.
Bataan 2nd district Rep. Albert
Garcia commended Corsame for
promoting the Freeport to investors.
Yolly Samaniego, of Essilor
Manufacturing Philippines Inc.,
said EPZCEM has formed four
councils to streamline coordination
among locators for training, human
resource, supply chain along with
safety and security.
Homer Dacuscus, Essilor nance
and administration manager, said
during a rst aid training session, said
the Freeport should develop a safety
culture, underscoring protocols to
prevent accidents and skills to deal
with any emergency. Butch Gunio
Starring role. Jeorge E.R. Ejercito
Estregan, lm actor and Laguna
governor receives the Best Actor
award for Manila Kingpin: The
Asiong Salonga Story during the
28
th
Star Awards. He is joined (from
left) by Rocco Nacino for Best New
Movie Actor, Jillian Ward for Best
Movie Child Performer, Angel Loc-
sin for Best Movie Actress and Aga
Mulach also for Best Movie Actor.
Mr. Estregans entry won nine ma-
jor awards including Best Picture,
Best Director, Best Supporting
Actor, Best Cinematographer,
Best Editor, Best Production
Designer, Best Musical Scorer
and Best Original Theme Song
for the song Hari ng Tondo sung
by Filipino rap artist Gloc Nine.

Manila Standard Today - April 17, 2012 Issue

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