Manila Standard Today - May 8, 2012 Issue

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Vol. XXVI No. 69 12 Pages, 2 Sections
P18.00 TUESDAY, May 8, 2012
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Revenue collections
drop; sin tax pushed
Aquino sees economic growth at 5.2%
New round
of Meralco
rate hike up
Oil firms cut
pump prices
DAR rolls out help desk to identify Luisita beneficiaries
Govt open
to oil deal
with China
Defense told to get
Corona as witness,
stop wasting time
Biazon: Theres
plot to oust me
On Sunday, Biazon denied re-
ports that the Palace stopped him
from sacking two ranking bureau
ofcials over smuggling charges
because it wanted to avoid an-
tagonizing their congressional pa-
trons whose support was needed
to convict Corona.
He also said it was not fair
to connect the impeachment to
the smuggling complaint.
Presidential spokesman Ed-
win Lacierda on Monday also
denied that the Palace tired to
stop a revamp at the bureau.
The President has appointed
Commissioner Biazon to do
reforms in the bureau. He was
given carte blanche to do so,
Lacierda said.
But on Monday Biazon linked
the impeachment to a campaign
for his ouster.
I am aware of the orchestrat-
ed and well-funded campaign to
oust me and the consistent ru-
mors that I would be replaced
in two weeks time because my
father did not sign the impeach-
ment complaint [and] had un-
dermined my authority to insti-
tute reforms, Biazon told the
Manila Standard.
Biazon was referring to Muntin-
lupa City Rep. Rodolfo Biazon,
who chose not to sign the impeach-
ment complaint until after he had
studied the documents given him.
The Biazons are members of
President Benigno Aquino IIIs
Liberal Party.
Another Liberal Party mem-
ber, Batangas Rep. Hermilando
By Rio N. Araja
AGRARIAN Reform Secretary
Virgilio de los Reyes on Mon-
day ordered the establishment of
10 temporary village ofces and
help desks and elded 200 agen-
cy personnel in Tarlac, Bulacan
and Nueva Ecija to identify the
6,296 beneciaries of the Haci-
enda Luisita sugar estate to be
distributed to them.
He ordered his people to
speed up the identication of
the beneciaries of the Supreme
Court decision ordering the es-
tates distribution, including the
heirs of those who have died, so
the 5,000-hectare estate could be
divided among them.
While we have already
launched an information drive and
social preparation as early as Janu-
ary, the difcult part is the identi-
cation of the real beneciaries,
De Los Reyes told reporters.
Undersecretary for Legal
PRESIDENT Benigno Aquino
II said Monday he was open
to an agreement with China
that would allow companies to
exploit oil and gas resources
while the governments sepa-
rately resolved the South China
Sea border disputes.
His administration might
split the issues to have a po-
litical discussion on one side
and have commercial issues
on another side, Mr. Aquino
said in a May 4 interview in-
Malacaang.
So long as our sovereignty
is respected, we are open to
partner with them, he said.
The US ally has resisted
joint exploration in some off-
shore areas claimed by China,
increasing tensions as the
countries compete for energy
resources. The exploration unit
of Philex Mining Corp., the
Philippiness biggest metals
producer, last month said the
dispute would probably delay
plans to exploit what may be
the countrys biggest gas eld.
Mr. Aquino, 52, has championed
CONSUMERS with a monthly
consumption of 200 kilowatts
will have to pay 16.4 percent
more, or P238 from P205.56
now, if the Energy Regulatory
Commission grants Manila
Electric Co.s plea to charge
P1.633 per kilowatt hour from
P1.602 now.
The company says it is ask-
ing for a higher charge to re-
ect its performance incentive
for 2011 of P0.0229 a kilowatt
hour. It says its application
also takes into consideration its
under-recoveries.
It is necessary that a provi-
sional authority be issued autho-
rizing [Meralco] to implement
By Alena Mae S. Flores
PETRON cut its pump prices
by as much as P0.90 a liter at
midnight Monday, its rst price
rollback for May to reect the
continuing softening of world
oil prices.
Unioil and Flying V also in-
formed the Energy Department
it would be cutting prices,
but did not advise the media.
Unioil cut gasoline and diesel
prices by P0.60 a liter, while
Flying V reduced the price of
its gasoline by P0.50 a liter and
its diesel by P0.30.
By Joyce Pangco Paares
MALACAANG on Monday made a fresh pitch to pass the sin
tax bill after Customs and Internal Revenue collections fell below
target in the rst quarter.
The BIR shortfall is not that much. Customs would have to
do a little better, presidential spokesman Edwin Lacierda said.
He said the pending bill indexing the taxes on tobacco and al-
cohol products to ination should bring in as much as P60 billion
a year in revenues.
Internal Revenue collected P229.04 billion, P3.62 billion short
of its target of P232.66 billion in the quarter through March. Cus-
toms pulled in P69.52 billion, P11.83 billion below its P81.35-
billion goal.
Lacierda said it was crucial for the pending bill to be passed
this year because the 2013 midterm polls might derail Congress
timetable for priority legislation.
SENATE President Pro Tempore Jinggoy Estrada on
Monday told Chief Justice Renato Coronas defense
lawyers to present him as a witness in his impeachment
trial so he could directly answer the allegations against
him.
If the chief justice will appear, the impeachment
court will be happy to hear his side, Estrada said.
When we hear his side, maybe we will already
know what our decision will be.
Coronas name and that of his wife Cristina are still
on the witness list, but the defense lawyers dont see the
need for them to take the witness stand.
At the most, we have 10 witnesses that can be trimmed
down still, defense lawyer Ramon Esguerra said.
Defense spokesman Tranquil Salvador said Justice
Secretary Leila de Lima might still be called to the wit-
ness stand.
Malacaang on Monday said it wanted Coronas im-
peachment trial for alleged betrayal of the public trust to
end on or before Congress adjourned on June 7.
We would like the trial to end before June 7, presi-
dential spokesman Edwin Lacierda said.
We have other equally important legislative matters
we need to address. It is to everyones interest to have
the trial end soon.
Estrada said Corona should not be afraid to face the
impeachment court if he had nothing to hide.
But lead defense counsel Seran Cuevas told Estrada
THE Philippine economy likely
grew at least 5.2 percent in the
rst quarter, the fastest pace in
more than a year, according to
President Benigno Aquino III.
First quarter excluding agri-
culture, I was told already indi-
cated a 5.2 percent expansion, Mr.
Aquino said in Malacaang on
May 4.
So far agricultural gures that
have been sent my way, the progno-
sis is it has expanded alsoso it will
not serve to bring down the 5.2 but it
will probably enhance it.
The ofcial gross domestic
product report is scheduled for
May 31.
The acceleration would bring
the Philippines nearer to Mr.
Aquinos 7-percent target for
sustained growth, and under-
scored forecasts for the central
bank to be done cutting interest
rates.
Mr. Aquino, 52, plans to
strengthen the economy by step-
ping up investment, which is cur-
rently the second-lowest in Asia
relative to GDP, according to
Credit Suisse Group AG.
Manila has been the place
to be in early 2012, Edward
Teather, a senior economist in
Singapore at UBS AG, wrote in
an April 26 research note.
The improved growth data
supports our call that the [Bang-
ko Sentral] is done easing policy
rates, he said.
UBS analysts last month
boosted their projection for the
increase in the countrys GDP
this year to 4.5 percent from 3.3
percent previously.
Indonesia, Southeast Asias larg-
est economy, expanded 6.3 percent
in the rst quarter from a year ear-
lier, the countrys statistics bureau
said Monday, compared with a 6.49-
percent pace reported earlier for the
previous three months.
The Philippine Stock Ex-
change Composite Index has
climbed almost 20 percent this
Let the games begin. Students
present a number at the operning
ceremonies of the Palarong Pam-
bansa 2012 at the Narciso Ramos
Sports Center in Lingayen, Pangasi-
nan. President Aquino (inset) leads
the ceremonial torch lighting to open
the games.
Questions for
the witness.
A prosecutor
shows docu-
ments to former
Manila Mayor
Lito Atienza
regarding his tes-
tiwmony on the
purchase by the
city of a property
belonging to the
family of Cristina
Corona, the wife
of Chief Justice
Renato Corona.
Atienza was one
of ve witnesses
presented by
the defense at
the resumption
of the impeach-
ment trial.
Senate President
Juan Ponce Enrile
(inset) bangs the
gavel to open the
hearing.
Next page
Next page
Next page Next page Next page
Next page
Next page
Move linked to fathers refusal to sign impeachment complaint
By Christine F. Herrera
CUSTOMS Commissioner Runo Biaz-
on on Monday said there was an orches-
trated campaign to oust him, and that his
fathers refusal to sign the impeachment
complaint against Chief Justice Renato
Corona was being used against him.
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News
ManilaStandardToday mst.daydesk@gmail.com MAY 8, 2012 TUESDAY
A2
Foiled again. Commissioner Ruffy Biazon (left) inspects samples of some 700,000 blank DVDs worth
nearly P6 million that the Bureau of Customs seized on May 7 at the Port of Cebu. The smuggling attempt
was detected and foiled by alert cargo X-Ray Inspection personnel led by Lourdes Mangaoang (center) and
Port of Cebu District Collector Ronnie Silvestre.
PRESIDENT Benigno Aquino III has
transfered to the Maritime Industry Au-
thority the sole authority to issue seafar-
ers certication, a requirement for their
deployment abroad, Malacanang Palace
said on Monday.
Ofcials said Mr. Aquino
issued Executive Order 75 or-
dering the Marina to take over
that function from the Maritime
Training Council and the Tech-
nical Education and Skills De-
velopment Authority.
It is of paramount national
interest that we promote the
competitiveness of Filipino
seafarers to ensure job secu-
rity and priority in employment
Marina to certify seafarers
abroad, Mr. Aquino said.
Seafarers earn a certication af-
ter they have nished maritime ed-
ucation and training in accordance
with international standards. The
Philippines is a party to the 1978
International Convention on Stan-
dards of Training, Certication and
Watch-keeping for Seafarers.
The Philippines is one of the
worlds biggest suppliers of ma-
rine ofcers, sailors and ship
workers. In the past, seafarers
received their certication from
the MTC and Tesda and their
Seamans Book from the Marina.
Mr. Aquino said the govern-
ments objective of being glob-
ally competitive could only be
achieved through the institu-
tion of a single maritime au-
thority to oversee and supervise
the maritime education, train-
ing and certication system.
He ordered the MTC and
Tesda to transfer personnel,
records, equipment, facilities
and other assets to Marina, an
agency under the Transport and
Communication Department.
He also ordered the Marina
to coordinate with the Budget
Department over the creation of
new plantilla positions and the
hiring of additional staff.
Marina ofcer-in-charge
Nick Conti said the new set-up
would save seafarers the effort
of going to various ofces to
complete their requirements for
deployment abroad.
As provided by the execu-
tive order, Marina will handle
all their needs, Conti said.
Joyce Pangco Paares
Defense...
that they could not be forced to
present Corona as a witness at
his own trial.
We cannot be bulldozed into
presenting evidence, Cuevas said.
There is no jurisprudence
that will give reason for com-
pelling a party to appear in his
trial. He [Corona] is chief jus-
tice. We should at least give him
consideration.
But Senate President Juan
Ponce, the courts presiding of-
cer, told Cuevas he should not
be lecturing the impeachment
court about due process.
We expect you to respect our
ability to appreciate the evidence
presented to us, Enrile said.
We guarantee you a fair trial.
Earlier, Enrile told Coronas
lawyers not to waste the time of the
impeachment court and to proceed
directly to their clientsdefense.
What we are trying to do here
is clutter these proceedings with
collateral, irrelevant and immate-
rial information, he said.
We are wasting time here.
Aquino...
year, outpacing the benchmarks
of neighbors including Malaysia,
which is up nearly 4 percent, and
Indonesia, which has advanced
8 percent. With gains in exports
in January and February, opti-
mism on the outlook for growth
has helped stoke the Philippine
peso, which closed last week at
42.32 per dollar, about 1 percent
from its strongest since 2008.
The main stock index fell 1.5
percent to 5,216.35 and the peso
declined 0.2 percent to 42.39 per
dollar as of the midday trading
break today. The benchmark 10-
year bond yield rose eight basis
points, or 0.08 percentage point,
to 5.917 percent, a ve-week
high, according to midday xing
prices at Philippine Dealing &
Exchange Corp.
Philippine businesses needed
to prepare for further apprecia-
tion in the exchange rate, Mr.
Aquino said, reiterating a com-
fort zone for the currency of 41
to 45 per dollar.
He said the nation needed to
build on success in setting up
call centers by moving up the
value chain, to the so-called
backroom services, which typi-
cally include accounting and
legal support. Insurance applica-
tions and medical transcriptions
were other areas, he said.
It has been in the range we are
comfortable with, which is 41 to
45, he said of the exchange rate.
There are days, though,
when one has to look forward
to the day when it breaches that.
We are hoping we still have time
to be able to address that situa-
tion before it does.
Mr. Aquino, who began his
six-year term in June 2010, de-
clined to specify when the peso
might strengthen past 41. He
said that the policy was to let
the market forces decide.
The government plans to
award eight to 10 infrastructure
projects this year, Aquino said
in the interview in the palaces
Ramos Room, named after Fidel
Ramos, who as Armed Forces
vice chief of staff in 1986 with-
drew support from dictator Fer-
dinand Marcos to back Aquinos
mother, Corazon. Ramos suc-
ceeded Corazon Aquino as pres-
ident, serving in 1992 to 1998.
A planned infrastructure ini-
tiative in excess of $16 billion
had been delayed in part by ef-
forts to get better terms on the
projects, Mr. Aquino said. An
improving sovereign credit rat-
ing means borrowing costs are
dropping, giving a better posi-
tion from which to negotiate
terms and conditions.
The Philippiness foreign-cur-
rency sovereign rating has been
raised to two steps below invest-
ment grade by Moodys Investors
Service and Standard & Poors,
and to one level below by Fitch
Ratings, since Mr. Aquino took
ofce. Bloomberg
New ...
the proposed rates pending a hear-
ing on the merit of the instant ap-
plication, the company said.
Meralcos charges vary de-
pending on how much electric-
ity a customer uses.
Alena Mae S. Flores
Oil...
Petron cut the price of regu-
lar gasoline by P0.90 a liter,
premium gasoline by P0.70,
diesel by P0.60, and kerosene
by P0.50.
Eastern Petroleum and
Seaoil cut their prices by the
same amounts as Petron, as
did PTT, but it cut its prices
earlier at 6 p.m. on Monday.
Shell, Total, Chevron, Phoe-
nix Petroleum and the others
were still to issue advisories
as of press time.
Diesel was selling at P44.59
to P48.84 per liter before the
latest price cuts, and gasoline
at P52.55 to P60.07.
Energy director Zenaida
Monsada said Flying V could
reduce its prices further be-
cause it based its price cuts
on the movement of world oil
prices from Monday to Thurs-
day instead of the entire ve-
day weekday.
The oil rms cut their pump
prices four times in April. As
a result, the price of premium
gasoline was reduced by a to-
tal of P0.95 a liter, unleaded
gasoline by P1.95, and regular
gasoline by P2.10.
But critics said the lat-
est price cuts were still not
enough to offset the overpric-
ing of oil products and even
the earlier oil price hikes.
The Coalition Against Oil
Price Increases issued a state-
ment claiming that pump pric-
es were overpriced by as much
as P16 a liter.
Revenue...
We need to have it passed
this year so it will be devoid
of any politics. The importance
of the bill cannot be gainsaid,
Lacierda said.
Budget Secretary Floren-
cio Abad said that of the P60
billion revenue that the mea-
sure was expected to gener-
ate, about P33 billion would
be used for social services for
the poor, particularly universal
health care.
Abad said portions of the
revenue to be generated might
also nance programs for pro-
moting economically viable al-
ternatives for tobacco farmers
and workers.
On Monday, the Finance
Department said the tax col-
lections from tobacco and al-
coholic beverages plunged 20
percent in 2011 because of the
structural aws in the excise
tax.
The taxes from those fell
to P25.4 billion last yer from
P31.5 billion in 2010.
This is the worst fall yet in
for our tobacco sin tax reve-
nues, Finance Undersecretary
Jeremias Paul said.
Its a tell-tale sign that the
system is structurally defec-
tive.
Paul said the revenues from
sin taxes had been unstable
since 2004 and fell in 2007 and
2009 when the tax rates were
increased.
Although PMFTC has
claimed that nothing is wrong
with our sin tax system, the g-
ures show how vulnerable this
system is to being abused, Paul
said referring to Philip Morris
Fortune Tobacco Corp., which
has been lobbying to retain the
current four-tier excise tax based
on the price of cigarettes.
The new sin tax bill by Cavite
Rep. Joseph Emilio Abaya aims
to simplify the four tiers into a
single tax system.
The European Chamber of
Commerce of the Philippines
on Monday threw its support
behind the new sin tax bill,
saying it would create a level
playing eld for all alcohol and
tobacco products.
ECCP welcomes a simpli-
ed specic rate structure for
beverage alcohol as it supports
responsible drinking decisions
to be made as the tax is based
on the level of alcohol content
in the product rather than on
price, quality or origin, Henry
Schumacher, group vice presi-
dent for external affairs, said in
a statement.
He said the chamber dis-
agreed with the local com-
panies claiming the new tax
would favor imported products.
It would merely correct a long-
standing violation of World
Trade Organization principles
by equalizing the rates on alco-
hol and tobacco. With Maria
Bernadette Lunas and Julito
G. Rada
Govt...
the Philippine territorial claims
even while saying the country
could not compete militarily with
China, which trails only the US in
defense spending. A war over the
resources would leave the Philip-
pines in tatters and ordinary peo-
ple would suffer, he said.
We now have an energy source
within the region, not subject to the
current turmoil that is being expe-
rienced and has to be completed in
the Middle East, Mr. Aquino said.
Doesnt it redound to every-
body to get these resources online
at the soonest possible time?
Estimates of oil and gas re-
serves in the South China Sea
vary, with some Chinese studies
suggesting it contains more oil
than Iran and more natural gas
than Saudi Arabia, according to
the US Energy Information Ad-
ministration. China surpassed the
US as the worlds largest energy
user in 2010, while the Philip-
pines wants to reduce its near-
total reliance on imports.
Ships from the two nations
have been locked in a monthlong
standoff over a land feature in the
South China Sea claimed by both
countries, the latest among inci-
dents in the waters that have in-
creased dramatically in the past
several years, the International
Crisis Group said in an April re-
port. Last year, a Chinese surveil-
lance vessel chased away a sur-
vey ship doing work for Forum
Energy Pcl, the UK-based unit of
Philex Mining.
The US will transfer a second
Coast Guard cutter to the Philip-
pines this year, Defense Secretary
Leon Panetta said in Washington
on April 30 during talks with Phil-
ippine counterparts.
Coastal patrol vessels and mari-
time radar will be supplied under
a long-term modernization plan,
according to two US ofcials who
spoke with reporters in Washing-
ton last week on condition of
anonymity to discuss diplomatic
matters.
In the interview at the palace, Mr.
Aquino said the militarys capabili-
ties had been very, very severely
diminished, noting that the Philip-
pines had zero ghter jets and that
most ships were older than he.
We have no capability, Mr.
Aquino said.
We have minimum responsibili-
ties to protect the endangered spe-
cies, protect our coasts, protect our
exclusive economic zone. We need
the wherewithal to do that.
The President agged Philip-
pine success in other areas in
the interview, with economic
growth likely surpassing 5.2 per-
cent in the rst quarter, the most
since 2010. He said a forthcom-
ing mining-policy overhaul may
also resuscitate a stalled Xstrata
Plc gold-copper project valued at
$5.9 billion.
Mr. Aquino didnt elaborate
on how an agreement with
China on developing would
work. Last year, his govern-
ment submitted a proposal for
joint development near the
disputed Spratly and Paracel
islands, while rejecting coop-
eration in waters closer to its
shores. Bloomberg
Biazon...
Mandanas, was immediately
stripped of the chairmanship of
the House committee on ways
and means when he refused to
sign the complaint against Co-
rona.
World boxing champion and
Sarangani Rep. Manny Pac-
quiao was also being harassed
by the Bureau of Internal Rev-
enue after he deed the Palace
and refused to sign the com-
plaint.
Navotas Rep. Tobias Tiang-
co, who denounced the haste
with which the administration
had pushed the impeachment
proceedings in the House, later
complained that the administra-
tion had withheld his pork bar-
rel allocations afterward.
Over the weekend, hog and
poultry growers demanded
that Customs port collectors
Ricardo Belmonte and Rogel
Gatchalian be sacked after Ag-
riculture Secretary Proceso Al-
cala removed Bureau of Animal
Industry director Efren Nuestro
and National Meat Inspection
Service director Jane Bacayo
for supposedly allowing the
dumping of imported frozen
meat in the wet markets.
Abono chairman and Swine
Development Council director
Rosendo So said Belmonte and
Gatchalian were assigned to the
Manila International Container
Port and the Port of Manila,
respectively, the biggest ports,
and that all imports passed
through them.
So said the over-importa-
tion of meat occurred as soon
as President Aquino assumed
power two years ago, but the
President had been ignoring
their concerns during all that
time.
On Sunday, a highly placed
source told the Manila Stan-
dard that Executive Secretary
Paquito Ochoa Jr. had ordered
Biazon to put on hold the re-
moval of Belmonte and Gatch-
alian to prevent antagonizing
their patrons in the House and
Senate, since those were key
players in oronas impeach-
ment trial.
But Belmonte denied he
needed a patron to hold on to his
post, saying he was assigned to
the container port in 2011 after
33 years in the service. He rose
from the ranks and started as an
examiner at the bureau, he said.
Gatchalian did not respond
despite repeated calls to get his
side.
Biazon also denied that he
planned to sack Belmonte and
Gatchalian, saying he had been
misquoted. What he said was
that if there was a need to re-
move Customs personnel be-
cause of the complaints from
hog and chicken growers, he
would do so.
Lawmakers on Monday
pushed for a congressional
probe of the rampant meat
smuggling and the alleged in-
tervention by the Palace in a
Customs revamp, but admin-
istration allies dismissed the
report as unfounded specula-
tion.
Siquijor Rep. Orlando Fua
said Biazon should be given a
few more months to shape up.
Ifugao Rep. Teddy Brawner
Baguilat, an administration ally,
said President Aquino should
carry out a top-to-bottom re-
vamp, starting with the Cus-
toms chief, if the bureau failed
to improve its collections.
Customs collections fell
short of the governments tar-
get by P11.8 billion in the rst
quarter.
If the targets are higher than
the previous administration, I
am willing to give him a few
more months, Baguilat said.
But denitely, they need to
assess and nd out the reasons
why they have failed in the last
three months.
Fua said Biazon should reor-
ganize his team.
He should get rid of those
corrupting him or the bureau,
he said.
House Deputy Minority
Leader and Zambales Rep. Mil-
agros Magsaysay said the Pal-
aces interference, if true, ran
counter to the administrations
straight path policy.
It just goes to show that the
straight path is crooked after
all, Magsaysay said.
But House Deputy Majority
Leader and Marikina Rep. Fed-
erico Miro Quimbo said it was
unlikely that the Palace would
stop a Customs revamp.
I am extremely doubt-
ful that the President will do
that, he said.
House Deputy Major-
ity Leader and Citizens Battle
against Corruption Rep. Sher-
win Tugna echoed Quimbos
view.
The Senators-Judges will
decide according to the evi-
dence that has been presented
in the trial, Tugna said.
Also on Monday, the meat
importers criticized the ongo-
ing campaign by hog and chick-
en farmers to curb imports, say-
ing the government would fail
to rationalize the price of pork
if it took their advice.
The Alliance of Food Proces-
sors, Providers and Stakehold-
ers, a group of meat processors,
importers and handlers, said
the threat of a pork and chicken
holiday by local growers was
blackmail to get the govern-
ment to move against all pork
imports. With Maricel Cruz
and Othel V. Campos
DAR...
Affairs Anthony Parungao
said the Agrarian Reform De-
partment would make air-con-
ditioned container vans avail-
able for the thousands of land
claimants at least for a couple
of months.
We will be leasing container
vans to convert them into DAR
ofces and help desks fully
equipped with air-con units,
computers and other ofce sup-
plies in 10 barangays within
Hacienda Luisita, Parungao
told the Manila Standard.
The departments provincial
staff from Bulacan, Pampanga
and Nueva Ecija would aug-
ment 90 staff from Agrarian
Reforms central ofce in Que-
zon City to distribution the ha-
cienda within six months to a
year, he said.
We want orderliness in the
system of identifying the ben-
eciaries. We have to validate
those 6,296 beneciaries iden-
tied by the Supreme Court,
Parungao said.
The distribution process is
not that easy, not that quick.
That cannot be done in one
month alone. It is not that easy
as ABC. I appeal for the sup-
port and cooperation of all con-
cerned agencies, the farmers
and other stakeholders, includ-
ing the civil society groups in
the area.
On April 25, the Supreme
Court released its nal rul-
ing on the distribution of the
4,916-hectare Hacienda Lu-
isita, which is owned by the
family of President Benigno
Aquino III, to over 6,000 farm-
er-beneciaries.
MAY 8, 2012 TUESDAY
A3 News
ManilaStandardToday mst.daydesk@gmail.com
House body wants to probe
Landbanks P500-m losses
Clean air
campaign
gets more
muscle
Ombudsman pilot tests system vs ghost employees
De Lima: Dont abuse special plates
In House Resolution 2129, the
House Committee on Government
Enterprises and Privatization chaired
by Zamboanga City Rep. Erico
Basilio, cited a Commission on Audit
report in 2010 as basis for looking
into the allegedly lax bank policy
that led to the losses.
The audit report recommended that
Landbank revisit its policy on the
granting of loans to cooperatives and
countryside nancial institutions,
particularly on th ecollateral offered
by the borrower and that it should also
not simply write-off the accounts but
try to collect them using all available
legal means.
There is really a need to look
into the matter and determine if
there is a need to further enact new
legislation to ensure that Landbank
continues to perform its functions
and help the countryside while at
the same time ensuring its financial
viability, reads the resolution,
authored by Cagayan de Oro Rep.
Rufus Rodriguez.
The state bank wrote off
P471.19 million in loans and that
these accounts were classied as
uncollectible because of the nancial
difculties of the borrowers or the
borrowers could not be located, the
resolution says.
State auditors traced the huge
increase in uncollectibles to a lax
lending policy adopted by the bank
in 2009, which no longer required
comprehensive surety agreements
and other collateral requirements for
some borrowers.
The amount was an 882-percent
increase over the P47.982 million
in write-offs in 2009. Of the
written-off accounts in 2010, 88.08
percent pertained to cooperatives,
while 11.92 percent pertained to
countryside nancial institutions,
the resolution states.
The bills author, Rodriguez said
the LBP is a government nancial
institution that strikes a balance in
fullling its mandate of promoting
countryside development while
remaining nancially viable.
The dual function makes
Landbank unique because the prots
derived from its commercial banking
operations are used to nance the
banks developmental programs and
initiatives, he said.
Rodriguez explained that Land
Bank has continued expansion of its
loan portfolio in favor of its priority
sectors which are the farmers and
sher folk, small and medium
enterprises and micro-enterprises,
livelihood loans and agribusiness,
agri-infrastructure and other agri
and environment-related projects,
socialized housing, schools and
hospitals.
The Landbank launched a
more aggressive lending drive in
2010, reporting over P32 billion
in countryside loans channeled
through hundreds of farmers
and fisher folk cooperatives and
countryside financial institutions,
the HR 2129 says.
By Maricel V. Cruz
A PANEL of the House of Representatives will
conduct an inquiry in aid of legislation on the
reported losses the state-run Land Bank of the
Philippines (LBP) had to incur because of bad
loans extended to cooperatives and countryside
nancial institution in 2010.
Lawmakers
push delay
of barangay
elections
By Maricel V. Cruz
MORE and more lawmakers have called
for the postponement of the Barangay and
Sangguniang Kabataan elections scheduled
on October 2013.
Iloilo Rep. Jerry Treas is the latest to
seek the postponement of the polls under
his HB 6005, resetting the elections to the
last Monday of October 2015, which is ve
years after the last barangay polls.
Treas, chair of the House Committee on
Good government and Public Accountability,
cited of a Supreme Court comment in the case
of Occea vs. Comelec that there are good
reasons for insulating the barangay from the
divisive and debilitating effects of a partisan
political campaign, as the barangay chairman
and the barangay council also act as agencies
for neutral community actions, such as distri-
bution of basic necessities, conducting plebi-
scites and settling local disputes.
Treas said the High Tribunal was right
when it noted that it would denitely en-
hance the objective and impartial discharge
of their duties for barangay ofcials to be
shielded from political loyalty.
The Houses Bills and Index Records also
showed that Iloilo Rep. Augusto Syjuco au-
thored a similar measure, House Bill 5987
that seeks to reset the barangay and SK elec-
tions from Oct. 29, 2013 to Oct. 27, 2014.
Syjucos bill also proposes that the term of
ofce of all barangay and SK ofcials should
be ve years instead of the current three years.
Earlier, Eastern Samar Rep. Ben Evar-
done led House Bill 5794 that resets the
barangay and SK polls to May 2014 and
every four years thereafter.
Similarly, Cebu Rep. Rachel Marguerite
Del Mar penned House Bill 5750 resetting the
Barangay and SK polls to the last Monday of
October 2014 and every three years thereafter.
A separate measure, House Bill 5962, au-
thored by Reps. Guillermo Romarate Jr. (2nd
Dist., Surigao del Norte), Francisco Matugas
(1 st District, Surigao del Norte), Philip Pi-
chay (1st District, Surigao del Sur), Florencio
Garay (2nd District, Surigao del Sur), Evelyn
Mellana (2nd District, Agusan del Sur), Ma.
Valentina Plaza (1st District, Agusan del Sur),
Ma. Angelica Amante-Matba (2nd District,
Agusan del Norte) and Jose S. Aquino II (1st
District, Agusan del Norte), also calls for the
resetting of the October 2013 polls to the sec-
ond Monday of May 2015.
Reps. Rufus Rodriguez (2nd District, Ca-
gayan de Oro City) and Maximo Rodriguez
Jr. (Partylist, Abante-Mindanao) also pro-
posed the resetting of the said elections to
the last Monday of October 2015.
The lawmakers said it would be necessary
for the state to reset the conduct of barangay
and SK polls on the scheduled date because
it is too high a price to spend on barangay
elections for a country whose budget decit
was estimated by the President to reach a re-
cord high of P349-billion by the end of the
year, from last years P3.6-billion.
Legend of the Dragon. This May, Manila will experience a glimpse of the pageantry and skill that was
seen during the Beijing Olympics opening when the Grand China National Acrobatic Circus performs at the
at the Araneta Coliseum from May 8 to 13 in a show entitled Legend of the Dragon. TEDDY PELAEZ
Back to work. House Assistant Minority Leader and Leyte Rep. Ferdinand Martin Romualdez (center) discusses national
issues with Davao Del Norte Rep. Antonio Lagdameo (left) and Abono Partylist Rep. Robert Estrella (right) during the first day
of session at the House of Representatives. VER S. NOVENO
By Rey E. Requejo
JUSTICE Secreatary Leila de
Lima has directed ofcials and
employees of the Department
of Justice and its attached
agencies to strictly follow rules
on use of commemorative
plates.
In her Department
Circular No. 26, De Lima
has enjoined all officials
under her supervision from
abusing the privilege
(of using commemorative
plates) and always respect
traffic rules.
The DOJ chief reminded her
subordinates of the general
rule that commemorative
plates should be placed
side by side or on top of the
registered car plates issued
by the Land Transportation
Ofce.
In the interest of the service
and in view of the rampant
use of commemorative car
plates by some government
employees, everyone is
hereby reminded to refrain
from using the same without
the original license plates,
De Lima said, in her single-
page order.
According to her, a special
plate should be used strictly
within the period allowed for
its use.
She explained that the rules
apply to all commemorative
plates for both private and
ofcial vehicles.
De Limas order was
specically addressed to
undersecretaries and assistant
secretaries of DOJ; chiefs of
staff in her ofce; regional, city
and provincial prosecutors;
and all heads of bureaus,
commissions and ofces
attached to the department.
She did not, however, issued
a warning of possible sanction
against those who will be
caught violating the rules she
explained.
Strict compliance with
trafc rulesspecically
on the ban on use of sirens
for vehicles of VIPswas
among the rst policies of the
Aquino administration in July
2010. The President saw this
as symbol of major changes in
governance.
By Macon Ramos-Araneta
THE Ofce of the Ombudsman
started to test a system that they hope
will weed out ghost employees from
government ofces.
Known as Payroll Verication
Exercise, the Ombudsman will
test its implementation over
two days as part of the agencys
celebration of its anniversary.
Ombudsman Concita Carpio
Morales said the program will be
pursued and replicated in other
government ofces if it is proven
to be effective.
She said the initial launch
of the program covers the
Ombudmans Central Ofce in
Agham Road, Quezon City.
She said the program is being
used to check if there are any
ghost employees in the Ofce
of the Deputy Ombudsman for
Luzon, Military and Other Law
Enforcement Ofces (MOLEO),
and the Ofce of the Special
Prosecutor (OSP).
The PVE is expected to
be replicated in other local
government units (LGUs) in
the National Capital Region
where assistance desks are
being temporarily set up for
pilot-testing and as part of the
month-long activities for its 24th
anniversary on May 11.
The Operation Public
Assistance was launched
yesterday in coordination with
the Quezon City government
and under the theme, OMB at
24: Restoring Trust and Integrity
in Public Service.
The Ofce of the Ombudsman
has also set up public assistance
desks at the lobby of the main
building of Quezon City Hall which
will start its operation on Tuesday at
8:30 a.m. until 4:30 p.m.
Services will cover legal
assistance; PVAO, SSS, and GSIS
claims; and grievances against
public ofcials and employees.
Open to the general public, the
Ofce of the Ombudsman said
the soft launching of the public
assistance project was led by
Assistance Ombudsman Evelyn
Baliton of the Public Assistance
and Corruption Prevention Ofce.
Baliton noted that the project
will step up the level of public
awareness on the other major
function of the Ofce of the
Ombudsman which is, upon
complaint by any citizen, any
ofcer or employee of the
Government may be directed,
at the instance of the Ofce, to
perform and expedite any act or
duty required by law, or to stop,
prevent, and correct any abuse or
impropriety in the performance of
duties.
The launching was graced
by Quezon City Mayor Herbert
Bautista, Vice Mayor Joy
Belmonte and Senator Aquilino
Pimentel III, among others.
RECOGNIZING massive cor-
ruption involving emission tests
at the Land Transportation Ofce
(LTO), the agencys head As-
sistant Secretary Virgina Torres
joined forces with the Philippine
Medical Association (PMA) in a
crackdown on corruption in her
ofce and privately-operated
motor vehicle emission testing
centers in the country.
She assured the PMA she will
initiate more aggressive mea-
sures to address the legitimate
concerns of the medical group,
particularly its anti-pollution
campaign in Metro Manila.
The LTO supports the PMA
in advocating for clean and safe
air, said Torres. We intend to
crack downdown on more of
these unauthorized practices
The PMA decries the ram-
pant existence of corruption in
the LTO and the motor vehicle
emission testing industry, brand-
ed as the major culprits in the air
pollution.
Torres said this is the reason
for the closure of 22 erring Pub-
lic Emission Testing Centers.
Since she was appointed
by President Simeon Benigno
Aquino III to the LTO, Torres
said it has been her personal
crusad to go after corruptors.
We have started reforms at
the LTO toward the straight and
narrow, said Torres, but she ad-
mitted they still need to do more
to put a stop to these illegal ac-
tivities.
Dr. Leo Olarte, PMA gover-
nor for Manila, noted that cor-
rupt practice of non-appearance
emission testing and other ques-
tionable activities are becoming
inimical to the clean air program
of our government, but has be-
come so prevalent in both pri-
vate and government emission
testing centers in the country.
Macon Ramos-Araneta
Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com MAY 8, 2012 TUESDAY
A4
AT A breakfast forum last week, Philippine
Stock Exchange president Hans Sicat told
corporate directors and journalists that he
was condent the stock exchanges recent
gains will be sustained because of the
reforms being implemented there.
As of May 1, 2012, the Philippine market
showed the third-best performance among
15 Asian indices, with the composite index
growing by 19 percent from the end of 2011.
Vietnams index was the best performer,
with an almost 35-percent jump. Thailands
bourse was second at 19.8 percent.
The Philippine composite index has
posted 18 record highs as of May 2.
Market capitalization has jumped 21.4
percent to $240 billion as of the same date
this year compared to end-2011, with the
domestic capitalization at $203 billion,
making up more than 84 percent of the
total. That shows it is the local investors
not the foreignerswho are infusing most
of the money into the system.
According to Sicat, some of the PSEs
initiatives have had visible results on the
market. The exchange has reinstated the
10-percent minimum public ownership rule
and has delisted ve companies for multiple
continuing violations. In October 2011, the
exchange extended trading hours to 1 in the
afternoon and until 3:30 p.m. by the rst
trading day of the year.
The result: the average daily turnover has
improved, from P5.54 billion in January to
September 2011, to P6.27 billion in October
to December 2011, and P7.48 billion in the
rst four months of 2012.
Theres more: the stock exchange also has
initiatives in market education, specically
offering an MBA program on capital markets
through the Lyceum of the Philippines,
launching the PSE Academy Web site, and
opening a satellite ofce in Cebu.
More importantly, the exchange has
recognized corporate governance as key to
strengthening the companies listed on the
bourse, itself as an institution, its brokers and
dealers, and the stock exchange in general.
As a start, the Market Regulation Division
of the exchange is being renamed the Capital
Markets Integrity Corporation. The Bell
Awards will recognize the listed companies
and trading participants that adhere to
corporate governance standards as well as to
the rules and regulations of the exchange and
the Securities and Exchange Commission.
Preparations for the establishment of the
Good Governance board are under way.
In a subsequent interview, Sicat said the
stock market had reached a level of stability
that political noise should not matter
anymore.
Paying attention to how companies
listed or notare run is just as important as
watching how the government is run. These
companies showcase the best of Philippine
management, drive the economy, and,
through their products and services, reach
millions even in the provinces.
In the long term, a stable, vibrant stock
market reects a sound economy and
guarantees opportunities for more Filipinos.
Strengthening the market
What happens
in Manila...
EDITORIAL
The road ahead
LAST weeks ADB annual meeting in
Manilaonly the seventh to be held here
since the organization was founded
appears to have been a success, judging
from the popularity of our new tourism
slogan and the presence of only a very
few untoward incidents.
The biggest of those incidents, of
course, was President Aquinos address,
where he again heaped on his successor
the blame for all his problems, and claimed
for himself the achievements on her watch.
I had hoped hed be more circumspect
with his usual nger-pointing this time,
considering the sophistication of his
audience and the need to put on even just
a show of national unity during the current
face-off he himself has provoked with the
Chinese.
After all, the global nance ministers
listening to him were quite aware that
it was under Mrs. Arroyo that the (still-
negative) spreads between the Philippines
growth and its original ASEAN neighbors
were the smallest ever.
And it was only three years ago,
in 2009, that the ADB delegates in
Bali were congratulating her nance
secretary, Gary Teves, for being named
Asias Finance Minister of the Year by
The Banker of London in recognition
of the countrys scal turnaround
an achievement that, a year later in
November 2010, set off the series of
credit rating upgrades about which Mr.
Aquino has been so proprietary.
But I guess I shouldnt have been
surprised by the Presidential diatribe. A
minor thing like the facts rarely deters
the irrepressible, incorrigible, loquacious
captain of our ship of state.
***
Since the Presidents fanciful rhetoric
is by now predictable, lets look instead
at something more uncertain, and thus
more interesting, to come out of the
ADB meetingnamely, what all those
economic and nance experts see in their
crystal balls for our country and region.
And a good place to start would be the
prognosis of an eminent economist like
Naoyuki Shinohara, deputy managing
director of the IMF.
For Dr. Shinohara, the overall global
outlook remains poor, but improving.
World economic growth will average 3.5
percent this year and 4.1 percent next year,
but will be very unevenly distributed.
The worst performer will still be Europe,
where the poorest countries may remain
in recession and the strongest ones
France and Germanywill manage 1
percent growth at best. The strongest
performances will come from Asia and
parts of Latin America and Africa.
While the advanced countries remain
trapped in a vicious cycle of high debt,
low spending, and no growth, the
outlook for Asia is much more sanguine,
with average growth forecast at 6 percent
this yearthe same as in 2011picking
up to 6.5 percent by next year.
Growth will become positive again
this year at 2 percent in industrial
Asia (Japan, Australia, New Zealand)
as these countries recover from natural
disasters and ride favorable commodity
trends. Emerging Asia (East and South
Asia and ASEAN) will see its growth
slow down from 7.5 percent last year
to 7 percent this year before rebounding
again next year.
The momentum for Asian growth
will come mainly from strong domestic
demand, supported by heavy capital
inows. External demand will depend
onand be constrained bythe rate
of recovery in the regions traditional
export markets. Other sources of risk
from outside the region:
If the European banks deleverage
too aggressively, this will choke off credit
to their favored borrowers in Asia, e.g.
Korea, Hongkong, Singapore, Taiwan.
Rising and volatile prices of oil,
food, and other imported commodities
can provoke ination, by a factor of as
much as two times in the case of China
and the Philippines.
Based on this prognosis for the region,
Dr. Shinohara cites the following policy
recommendations:
1. For the short-term, Asian
governments should be ready to tighten
their previously expansionary scal and
monetary regimes, as capital continues
to ood inward and inationary
expectations rise.
2. Medium-term, continue to
rebalance the regions growth towards
greater domestic (versus export)
demand and, especially, greater regional
integration. Intra-regional trade has
already tripled since 2000. China can
become the growth engine, both by
providing the nal assembly function in
a regional supply chain and by opening
up its huge domestic consumer market.
3. Medium-term, encourage more
foreign direct investment into the region
(as compared to portfolio and bank
inows). Greater FDI can cover still-unmet
nancing needs (such as infrastructure) and
will also bring in new technologies.
***
The above prescriptions for the region
t well with what emerged from the ADB
meeting as a consensus recommendation
for the Philippines: The country can
achieve permanent high growth only by
shifting away from services and overseas
employment towards rebuilding its
manufacturing and industrial capacity.
Among other things, this will require
from Shinoharas list abovemore
foreign direct investment and associated
technology, as well as a regional trading
arrangement and supply chain within
which the Philippines can play its role.
Also essentialas this column has argued
beforeis higher agricultural productivity,
in order to bring down food costs and thus
the real wages required by our workers.
President Aquino believes that the
virtuous circle has to start with ending
corruption. Unfortunately, at best this
is only partly true, and in any case the
results under him so far still have to match
his rhetoric. Ask any businessman today
who has to deal daily with government
ofcials and politicians on the ground.
At the end of the day, no matter how
pure the Presidents intentionsand no
matter how long his predecessor may
languish in jailhe will always be
frustrated by the ground-level corruption
and patronage politics that are inevitable
with endemic poverty. And so it is only by
reducing that poverty, through long-term
sustained growth, that we can enjoy true
breakthroughs in good governance
whether under Aquino or anybody else.
gbolivar1952@gmail.com
TWO things will convince former
President Joseph Estrada to run for
mayor of the city of Manila: favorable
survey ratings and the neutrality of
the man who desperately wants to be
his new best buddy, President Noynoy
Aquino.
Because he is an astute politician
and because he cannot afford another
loss at the polls after the debacle of
2010Estrada has to be assured that
he will win against incumbent Mayor
Alfredo Lim. For starters, if Estrada
doesnt see favorable survey numbers,
he will back Vice Mayor Isko Moreno
instead.
The purchase of the Legarda
mansion and the hype surrounding
Estradas moving into it are part of
the campaign to test the political
waters in the capital. The clear dig at
Lim concerning a police mentality
that Manila doesnt need is also in the
Estrada playbook.
One things for certain, though.
There will be no reconciliation
between Lim and Estrada, who
have been feuding since 1986, when
President Cory
Aquinos favorite
police ofcer
was ordered to
physically remove
then San Juan
Mayor Estrada
from the municipal
hall.
And if President
Noynoy Aquino
really wants to get
on Eraps good
side, staying four
hours at the former
chief executives birthday bash wont
be enough. If Aquino attempts to take
the side of Lim (his familys loyal
soldier since the Cory days) in the
Battle for Manila, he will certainly
lose pogi points with Erap and, by
extension, Eraps United Nationalist
Alliance.
Of course, by Eraps reckoning,
Aquinos expected fence-sitting will
only help his (or Morenos) campaign
against the incumbent. As is often the
case in Manila, home of Malacaang
Palace, local politics always impacts
on national politics.
Lim, for his part, can be expected to
make a determined bid to get Aquino
to support him against Estrada or his
surrogate Moreno, since the mayor
knows just how great a vote-getter
the former president is. Given how
Aquino has always been guided by his
personal relationships with anyone, it
is still unclear if he will jettison Lim
(her mothers staunch and longtime
defender) just so he can ingratiate
himself with Erap and UNA.
The proverbial elephant in the
room in Manila, of course, is Vice
President Jejomar Binay. Just as much
as Lim, Binay has always been a loyal
and faithful supporter of the Aquinos.
And now that Binay is Estradas
chief collaborator in UNA, the Veeps
political mojo extends way beyond
Manilas city limits. When push
comes to shove in the ght for City
Hall, the odds seem to favor Estrada.
And that is why what happens in
Manila next May will denitely not
just stay in Manila. It will reverberate
throughout the country and may
even shake Malacaang to its murky
foundations by the Pasig River.
* * *
At one point yesterday, apropos
of an alleged entry of an asset in the
Statement of Assets and Liabilities
and Net Worth of Chief Justice
Renato Corona, Senate President
Juan Ponce Enrile asked: What
does it matter?
That could very well be the theme
of the rebooted impeachment trial of
the chief justice. What does it matter,
really, what the court does, when
everyonethe senators, most of all
have already decided the case?
News junkies who missed the
Senate impeachment trial, that almost-
daily ritual instigated by the Aquino
administration to force the resignation
of Corona that was interrupted by the
month-long Congress break, must
have felt really let down. Now that the
trial has resumed, it turns out that the
anticipation was a lot more enjoyable
than the boring
reality.
Perhaps the
Senate should just
vote today on the
case, since both
sides sincerely
believe that the
whole trial is only
supercially a
courtroom trial and
purely a political
exercise anyway.
The Tulfo-Barretto
case promises to
be a lot more compelling, given the
unpredictability of the personalities
involved.
At this point, its fairly certain that
each of the senators has, in his or her
mind, already decided the case. And
since both the prosecution and the
defense keep saying that they agree
that the trial should be accelerated,
its fair to call for a vote as soon
as possible and be done with the
proceedings.
If yesterdays trial is any indication
of what lies ahead, we should be
treated to more of the same: the
prosecution will make allegations
of impropriety and illegality and the
defense will endeavor to prevent it
from doing so.
And then the real trial of Corona
will proceed outside of the court,
following the propaganda campaign
writ in stone from the very beginning.
The Aquino-favoring outlets of media
will scream bloody murder after
taking these allegations as actual
facts, ignore contrary views and wait
until the next batch of charges leveled
by the prosecution again before
repeating the cycle.
The trial has become a legal sham
and it has long been conducted outside
of the Senate, anyway. Enough of this,
already.
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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TODAY
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ROGELIO C. SALAZAR President & CEO
The proverbial
elephant in the
room in Manila
is Vice President
Jejomar Binay.
MAY 8, 2012 TUESDAY
A5 Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com
PRESIDENT Aquino says that hell
never pardon former President Gloria
Macapagal Arroyo if convicted of the
many charges of plunder thrown at her
by Aquino lapdogs and Arroyo-haters.
Santa Banana, thats a big laugh!
Does President Aquino think hell be
president forever?
All those charges of plunder thrown
at Gloria will not be resolved within
P-Noys term of ofce. Just look at
the more than 100 cases led against
former First Lady Imelda Marcos. After
three decades and four president, some
are still pending in court, and Imeldic
is still free as a bird. In fact, shes a
congresswoman from Ilocos Norte.
***
President Aquino boasted before the
Asian Development Bank delegates
in their annual board of governors
meeting that again resort into his usual
blame game that sins of the past were
hampering the countrys growth, his
administration is now corrupt and
graft-free.
Oh yeah, daan
matuwid (straight
path) and all that
malarky?
My gulay,
the Aquino
administration now
corrupt and graft-free
at a time when hog
and poultry raisers
are down on their
knees because of
rampant smuggling at
Customs. And despite
attempt of Customs
Commissioner Ruffy
Biazon to institute reforms by rotating
Customs collectors, he was prevented
dead on his tracks by Executive
Secretary Paquito Ochoa for fear that
two senators with proteges at Customs
might be adversely affected at a time
when the impeachment court is ready
to either convict or acquit Chief Justice
Renato Corona.
This simply shows the screwed up
sense of priorities of Malacaang. And
its an insult on the senator-judges.
Corrupt and graft-free
administration? When the Presidents
shooting buddy, DILG Undersecretary
Rico Puno, was accused by retired
Archbishop Oscar Cruz of being
involved in the illegal numbers game
of jueteng, the President ignored it and
claimed Puno had his complete trust
and condence
When the De Lima led Incident
Investigative Review Committee
sought the ling of administrative and
criminal against those responsible
for that August 2010 hostage crisis
at the Luneta, what did the President
do? He overruled the De Lima
committee because those involved
were partymates, friends, classmates
and shooting buddies. Daan matuwid,
my foot!
A shooting buddy-LTO Chief
Virginia Torres-sided with one group
claiming ownership of the LTO IT
provider Stradcom, and sparked the
resignation of then DoTC Secretary
Ping de Jesus, a highly competent and
profession member of the cabinet,
because the President protected Torres.
It was the KKK (Kaibigan, Kaklase and
Kabarilan) all over again.
And then came the two instances
when the Aquino political adviser, Ronal
Llamas, caused grave embarrassment
to Malacaang. One, was the time
when the car of Llamas was caught
with heavy-powered rearms issued
only to combatants in the military; and
two when Llamas himself was caught
in agrante de licto buying wholesale
pirated DVDs. That was a crime, but,
Llamas got away laughing. Why?
Simply because Llamas is an associate,
and under the Aquino administration,
the KKK can get away with murder.
Recall the more than 2,000 missing
containers at Customs bound for the
Port of Batangas, until now, its still
a mystery how they got lost, and who
were responsible, although some
people at Customs know that some
Palace ofcials were involved.
President Aquino, now in almost
two years in ofce, should stop his
blame game, blaming everything on the
Arroyo administration why his vow on
change hasnt come.
The reason for this is that instead
of moving forward, all P-Noy has
been doing for two years was going
against the former President, and those
associated with her, especially the
Chief Justice, and relying only on his
high ratings and popularity with the
people. But, even that is slowly and
surely declining, since popularity is
like an ice cream that melts in due time.
When P-Noy talks of his corrupt and
graft-free administration he must be
talking of another planet.
I really wonder if the ADB convention
delegate believed what they heard from
the President. Of course, they said they
did since they were still in the country.
What do you expect? I am sure they
know that despite all the sloganeering
coming from the administration, the
fact that the squatters hovels were
fenced off for the benet of the ADB
delegates, and in the
wake of survey results
that joblessness,
hunger and poverty
got worse in the two
years of the Aquino
administration, the
delegates went home
surely knowing what
kind of a President
we have.
***
With the
reopening of the
impeachment trial of
Chief Justice Renato
Corona yesterday, the question whether
or not he should testify persists.
While Malacaang and the House
prosecutors wish that Corona should
personally testify, the defense panel
says that theres no need for it since the
defense could rebut everything thrown
at the Chief Justice.
Personally, as a lawyer-journalist
myself, I wish Corona should testify if
only to show sincerity of purpose and
to explain his SALN or Statement of
Assets, Liabilities and Networth. Even
Senate President and Presiding Senator-
Judge Ponce Enrile and Senator-Judge
Miriam Santiago, who herself was
once a judge, believe the Chief Justice
should.
In any case, its the call of the
defense panel in the wake of the move
of Ombudsman Conchita Carpio-
Morales to have the Chief Justice
explain his allege $10 billion hidden
and unexplained wealth.
While the Chief Justice and his
lawyers claim that the $10 million or
P430 million doesnt exist, the public
wants to know. This is precisely the
problem of the Chief Justice being tried
by a quasi-judicial and quasi-political
court where Corona is being tried not
only in the halls of the Senate, but in
the bar of public opinion.
We know that the $10 million
charge of hidden and unexplained
wealth of Corona is a ridiculous sum,
and personally, I believe it does not
exist, the gambit of the Aquino lapdogs
and Corona-haters is very clear. In case
he gets acquitted, another impeachment
case will led against him. Santa
Banana, President Aquino will not stop
until he gets what he wants, and damn
the rule of law and the Constitution!
At this point, Im now still betting on
the conviction or acquittal of the Chief
Justice, not until after the summation
of arguments for and against the Chief
Justice.
Note that it takes 16 of the senator-
judges to convict and only eight to
acquit. And that there are far more
other factors outside the impeachment
court to consider- the biggest factor
being that the President wants Corona
to be ousted from the Supreme Court
at all costs.
A corrupt-free
administration
The impeachment trial, whats next
IN THE last column where we looked
at where the impeachment trial of Chief
Justice Renato Corona was, we observed
the prosecution dropping ve of the
eight Articles of Impeachment, and the
rationale behind the Senate admitting or
denying the entry into evidence of one
testimony or document over another. The
performance of the impeachment court we
judge to be exceeding expectations, with
an emphasis on exacting accountability
based on clear, concise evidence. The
prosecution and the defense have done
their jobs: the former struggled but in
the end achieved to present a prima facie
case of untness in ofce of the Chief
Justice; the latter, except for a few minor
errors, have generally been impressive.
Now that the prosecution had closed
its case, the defense has their turn. Ive
observed that, in the case of Article 2,
Chief Justice Coronas team is seeking
to demonstrate that (a) what the Chief
Justice has not declared in his SALN
was either done by mistake or because
such exclusion was justied; (b) and,
as for those assets (including cash) that
are in fact properly his or his wifes that
they have acquired them legally and in
accordance with their means. For the
other articles, I think they will simply
seek to undermine further the already
weak cases presented.
It probably still is anyones game, but
there is one thing I wish would come
in this impeachment trial: Chief Justice
Coronas own testimony. It would be
to the national interest if he were to
personally testify before the court so
he looks at all of us in our eyes in a
public, legal, and accountable forum,
saying unequivocallyI am not
guilty. I am deserving to be your Chief
Justice. It is also ultimately in his own
interest to testify as a number of Senator-
judges, including those who have so far
been neutral, have indicated that such
testimony was important for them.
Self-incrimination is of course an
issue as well as being subjected to tough
cross-examination. Whether he testies
or not, the impeachment court will take
Chief Justice Coronas words, or lack
thereof, into consideration. The public
will also form its own opinion on its
condence in the Chief Justice. There
is no presumption of innocence, or
guilt, in impeachment cases. Substantial
evidencethat which is enough to
support a decisionis sufcient for
acquittal or conviction.
The outcome of impeachment may
also impact on President Noynoy
Aquino I do not think he will be a lame
duck if impeachment fails but he will
be severely weakened. One option is to
le new impeachment charges next year,
but that will probably be a disservice to
the country as it would means another
six months of legislative paralysis and
since its election year, that would extend
to a full year of congressional inaction.
Imagine the consequences to the country.
On the other hand, if the Chief Justice
were convicted, the President would have
won what many perceive as an important
round against corruption. And he would
have more condence to go after the
former President for her alleged misdeeds.
After the impeachment trial, regardless
of its outcome, I want to see if the President
will take its lessons and institutionalize
them in government. For example, I
hope the President follow through on
the passage and implementation of the
Freedom of Information Bill (FOI Bill).
This impeachment and its focus on SALNs
demonstrate the need for freedom of
information in Philippine governance.
Indeed, the failure to enact an FOI Bill will
be as big a blow to accountability than a
bad result in the impeachment process.
Impeachment is an important
milestone in addressing corruption in our
country. The greatest fruit of the process
should not however revolve around
Chief Justice Coronas conviction or
acquittal, but the absolute, critical need
for clarity between the leader and the led.
It is hard for an obscure leader to enjoy
public condence, and difcult for the
people to support an ofcial cloaked in
shadows. But it has happened so many
times in our history.
Whether the next few months will
see Chief Justice Corona retaining his
seat or a new Chief Justice taking the
reins, what we really need to ght for,
what the Philippines really deserves,
is that clarity. Until we have that, we
will relentlessly be condemned to what
the great Columbian novelist Gabriel
Garcia-Marquez described as a hundred
years of solitude and, like that imagined
country in the authors famous novel
(with the aforementioned phrase as the
title), we, the Philippines, our country,
will never have a second opportunity on
this earth.
E-mail: tonylavs@gmail.com Facebook:
tlavina@yahoo.com Twitter: tonylavs
By Ben Hubbard
SIDON, Lebanon As Jewish forces
advanced on their village during the
war that surrounded Israels creation in
1948, the Palestinian Faour family piled
children and belongings into donkey
carts and ed, hoping to return home
when the ghting stopped.
Only some of them got back, and
the family is still divided. Some are in
the Lebanese city of Sidon as stateless
refugees. Others are 80 kilometers (50
miles) away as Israeli citizens in their
village of Shaab, across a fenced and
hostile border.
Granddaughter Mona Maarouf, 26,
still considers Shaab home, even though
she has spent her life in Sidon, has never
visited her ancestral village and maybe
never will. She knew she had relatives
there but knew nothing about them.
Then she joined Facebook.
Now she tracks who has died in the
village, and her cousins in Israel weigh
in on her marriage prospects. I didnt
think anyone knew anything about me,
she says. Then I saw that they knew
everything.
Social media have produced a
boom in communications between
Palestinians in Israel and the Arab
world, once connected only through rare
letters carried by intermediaries or the
International Red Cross.
Younger exiles like Maarouf are
tracking down and getting to know
relatives separated for decades.
Many Palestinians say they now
know more about their extended families
than at any time since the birth of Israel,
an event Palestinians mourn every May
15 as the Nakba, or catastrophe.
Mostly they stick to swapping
family photos and news, worrying that
political talk could draw attention from
intelligence agencies. Some, however,
say stronger ties will bolster the
Palestinian demand that some 5 million
Palestinian refugees registered with the
UN return to their villages, a demand
that Israel rejects, saying it would
destroy the Jewish state.
Now we can communicate with
all our family, said Maaroufs aunt,
Taghreed Eissa, who also has spent her
life as a refugee in this Mediterranean city.
That makes it impossible for the new
generation to forget the Palestinian cause.
What happened to the Palestinians is
what happened to the Jews before: They
were dispersed throughout the world,
said Ali Khatib, 67, a Shaab man with
relatives in Syria, Denmark, Canada and
Saudi Arabia.
Khatibs family, too, was split by
Israels creation: his father became an
Israeli citizen, while his uncle became
a refugee in Lebanon. They lost touch.
Then recently his son asked him about a
man in Lebanon named Hisham Khatib
whom he had just met online.
His father pointed to a photo of his
aunt and uncle on the living room wall.
Those are his grandparents, he said.
Also in Shaab, Houriya Faour, in
her 70s, said that before social media,
nding relatives was a struggle.
Now my son comes and tells me,
this person says hello, she said.
Typing on a laptop, her son
Mohammed, 36, opened a Facebook
chat with a woman named Huda Faour
whom he found while searching for his
last name.
How r u can I ask u a question, he
wrote. what are your moms and dads
names?
Minutes later, he had found a new
relative in Texas. AP
Palestines exiles nd family bonds thru Facebook
EMIL
P. JURADO
TO THE POINT
DEAN TONY
LA VIA
EAGLE EYES
By Gorgonio B. Elarmo, Jr.
LAST Sunday, the Ombudsmans order
for the Chief Justice to answer three
complaints against him for alleged
accumulation of wealth purported to be
disproportionate to his salary and other
lawful income was all over the news. As
expected, it attracted public attention.
The Ombudsmans order and the manner
of its publication have been viewed
as part of the renewed and continuing
impeachment offensive against the
Chief Justice. It was not simply meant
to fan the embers of public interest in the
proceedings. It was supposed to make
the institutional weight of the Ofce of
the Ombudsman bear upon and inuence
the members of the impeachment court
by inuencing public opinion. For one,
the timing is highly suspect. It was
made a week before the resumption of
the impeachment proceedings. Another
thing, the complainants are closely
identied with the prosecution panel.
Moreover, the subject matter of the
complaints are similar to or closely
connected with the charges presented in
the impeachment court.
While lawyers of the Chief Justice
denied the allegations and questioned
the jurisdiction of the Ofce of the
Ombudsman over the Chief Justice, the
prosecution welcomed the Ombudsmans
action and capitalized on the sensational
points of her order, claiming that the
Ombudsmans order is a potential game
changer. The possibility of calling the
Ombudsman as witness for the prosecution
was even contemplated. Several Senators
also shared their thoughts on the matter,
particularly on its implications on the
impeachment proceedings.
Malacaang would not miss the
opportunity to comment on the matter.
While it recognized the limitation of the
Ombudsmans authority as being simply
recommendatory with respect to the ling
of an impeachment complaint, it claimed
to have discovered that which is yet to
be proven.
What was more unfortunate was the
foray of the Ofce of the Ombudsman
into the ongoing impeachment process.
Invoking her investigatory powers under
Section 22 of Republic Act No. 6770,
the Ombudsman asked (or ordered)
the Chief Justice to reply in writing to
the complaints and to the information
concerning his alleged dollar accounts in
several banks. She not only insisted on
her jurisdiction on the matter. Purportedly,
she even mentioned her alleged power to
impose preventive suspension. Under
Republic Act No. 6770, however,
preventive suspension may be imposed
during the pendency of an investigation
by the Ombudsman on a public ofcer
who is under the Ombudsmans authority.
The Chief Justice is not under the
authority of the Ombudsman.
Indeed, under the law, the Ombudsman
has the power to investigate any
serious misconduct in ofce allegedly
committed by ofcials removable by
impeachment, for the purpose of ling
a veried complaint for impeachment,
if warranted. The investigatory power
of the Ombudsman with respect to
impeacheable ofcials is for the specic
purpose of ling an impeachment
complaint. It is not for the conduct of an
administrative case as the Ombudsman
has no administrative jurisdiction over
the select group of ofcials subject to
impeachment. Neither does it authorize
the conduct of a preliminary investigation
that will lead to the ling of a criminal
case against the impeacheable ofcial.
The Constitution seems to contemplate
the ling of a criminal case only after the
impeacheable ofcer has been removed
by impeachment, resigns or retires.
Furthermore, the investigation
of the Ombudsman is pregnant with
constitutional and legal concerns.
Impeachment proceedings where the same
issues raised in the complaints subject
of the Ombudsmans investigation are
being heard and tried already. Thus,
neither the conduct of the investigation
by the Ombudsman nor the intended
purpose of ling another impeachment
complaint against the Chief Justice is
warranted under the circumstances. An
investigation by the Ombudsman for the
purpose of ling another impeachment
complaint at this time is improper and
redundant; it is also premature and
possibly unconstitutional. The ling of an
impeachment complaint is the initial step in
the initiation of impeachment proceedings.
The Constitution prohibits the initiation of
impeachment proceedings against the same
ofcial more than once within a period of
one year. It is only reasonable that when an
act is prohibited within a particular period,
other acts preparatory to that act is also not
allowed during that same period. What is
not allowed to be done directly may not be
done indirectly.
A signicant aspect of the
Ombudsmans action, however, concerns
prudence. While the Ombudsman has the
duty under the law to make public matters
covered by her investigation, such duty
is circumscribed by the circumstances,
to be exercised with due prudence and
in a fair and balanced manner. Under
the rules of procedure of the Ofce of
the Ombudsman, before nal action on
a complaint led in the said ofce, no
publicity shall be made of matters which
may unduly expose persons complained
against to ridicule or public censure. In
this, the Ombudsman failed either by
initiating or allowing the publication
of her order or by failing to require the
complainants to observe the rule. We
should always keep in mind the basic tenet
of human relations: every person shall, in
the exercise of rights or performance of
duties, act with justice, give everyone his
due and observe honesty and good faith.
Mr. Elarmo works in the Supreme
Court but this article is a statement of
his personal opinion and any error is
attributable to him alone.
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
EVERYMAN
Limitations of the ombudsmans power
to investigate impeacheable ofcers
When P-Noy
talks of his corrupt
and graft-free
administration he
must be talking of
another planet.
News
ManilaStandardToday
mst.daydesk@gmail.com MAY 8, 2012 TUESDAY
A6
Witness vs syndicate killed
Court orders arrest
of frail Jovy Salonga
Janitress, 12 cops cited for good job
Janitress Mary Jennifer Doroga are honored by top airport ofcials,
including General Manager Jose Angel Honrado, Terminal 1 manager
Dante Basanta terminal 1 GManager and APD chief Alger Tan, for her
honesty in returning a wallet containing currency worth more than
P500,000. Also commended were 12 airport policemen who busted an
airport syndicate. ERIC APOLONIO
Robredo said Alfred Mendiola, the
states witness against accused car theft
syndicate leaders Roger and Raymond
Dominguez, was found dead, bound
and gagged along with two other men in
Barangay Salawag in Dasmarinas City.
Mendiola claimed to be a member of
the Dominguez syndicate, but later turned
state witness under the Department of
Justices Witness Protection Program
(WPP). The Dominguez brothers are
facing several charges of car theft and
murder.
While under the custody of the Quezon
City Police District last year, Mendiola was
transfered to the Bulacan Provincial Jail
in Malolos City. But while he was there,
unidentied men lobbed a grenade inside
his detention cell sometime last year.
The DILG chief ordered the Philippine
National Police Highway Patrol Group
(HPG) to focus on the remnants of the
Dominguez carjacking group, which is
notorious for carjacking operations in Metro
Manila, Bulacan, and Pampanga.
Dasmarias City police chief Supt.
Ulyyses Cruz said the victims found
beside Mendiola were The two other
victims found with Mendiolas body were
identied as Angelo Miranda Herrera and
Ireberto Lumaquio, but the police could
not yet establish their relationships.
I also would like to call on the other
witnesses against the car theft cases against
the Dominguez brothers to take extra
precautions and seek police protection if
By Jonathan Fernandez
INTERIOR Secretary Jesse Robredo on Monday or-
dered the police to look into the murder of a state wit-
ness against the alleged leaders of a notorious car theft
syndicate who was found dead with two other people
in Dasmarias City in Cavite on Sunday.
necessary so as not to make a repeat of what
happened to Mendiola, Robredo said.
Justice Secretary Leila De Lima, for her
part, said the prosecution of the carnapping
with homicide case led against the
Dominguez brothers would not be weakened
by Mendiolas death.
She said Mendiola had already given
his testimony and was cross-examined
before the Regional Trial Court of San
Fernando City, Pampanga during the
hearings on the motion to post bail by the
Dominguezes.
She opined that the prosecution will
likely adopt Mendiolas testimonies during
the bail hearings in the presentation of
prosecutions evidence on the main case.
At the same time, De Lima admitted that
WPP ofcials were already considering
terminating his WPP coverage before he
was killed.
He was not provided with security
because he waived it. [The WPP allowed
it] subject to the condition that he would
always inform us of his whereabouts so
that if we think that his safety would be
compromised then he would not be allowed
to leave or he would be compelled to be
escorted but apparently he ignored these
conditions, she said.
By Eric B. Apolonio

TOP ofcials of the Manila Inter-
national Airport Authority (MIAA)
commended a janitress and 12 air-
port policemen for their honesty
and dedication to duty during the
ag raising ceremony held at the
MIAA grounds on Monday.
While Ninoy Aquino Interna-
tional Airport Terminal 1 manager
Dante Basanta awarded a plaque
of appreciation to janitress Mary
Jennifer Doroga, 32, a resident of
Baltao, Paraaque City.
Doroga was commended for
promptly surrendering a black
wallet while sweeping the oor
at the Terminal 1 arrival area. The
wallet was later found to contain
various currencies amounting to
around P500,000.
MIAA General Manager Jose
Angel Honrado, on the other hand,
cited 12 members of the Police
Intelligence & Investigation Divi-
sion for the arrest of nine suspected
members of a gang that used to vic-
timize Korean nationals at Termi-
nal 1 & 2 on April 21.
In a MIAA Praise Resolu-
tion No. 2011-005, dated May
3, MIAA management awarded
letters of commendation for the
12 airport policemen, led by unit
leader Capt. Alden Gay, Lt. Dem-
etrio Sison Jr., Corporals Roderick
Mejia, Ronaldo Lardizabal, Da-
nilo Inalves, Vic Orlando Casem,
Michael Teolo, Eduardo Duran,
Fernando Rafal, Abalee Du, Alvin
Patayan and Lee Serrano.
During the ceremony, MIAA
Senior Assistant General Manag-
er Vicente Guerzon Jr. and airport
police chief Alger Tan exhorted
the policemen to redouble their
efforts in ferreting out undesir-
ables who victimize passengers
and guest at the terminal.
Tulfo sues showbiz
couple over beating
Republic of the Philippines
Department of Public Works and Highways
OFFICE OF THE SECRETARY
Bonifacio Drive, Port Area
MANILA
REQUEST FOR EXPRESSION OF INTEREST FOR CONSULTANCY SERVICES
FOR THE UPDATING OF THE FEASIBILITY STUDY FOR VALENZUELA-
OBANDO-MEYCAUAYAN (VOM) FLOOD CONTROL AND DRAINAGE
IMPROVEMENT AND RELATED WORKS PROJECT
(MST-May 8, 2012)
1. The Department of Public Works and Highways, through the GAA 2012 intends to
apply the sum of PhP 12,393,682.50 being the Approved Budget for the Contract
(ABC) to payments under the contract for the Consultancy Services for the Updating
of the Feasibility Study for Valenzuela-Obando-Meycauayan (VOM) Flood Control
and Drainage Improvement and Related Works Project.
2. The Department of Public Works and Highways now calls the submission of eligibility
documents for:
Project: Consultancy Services for the Updating of the Feasibility
Study for Valenzuela-Obando-Meycauayan (VOM)
Flood Control and Drainage Improvement and Related
Works Project
Location: NCR and Region III
Objective: The objectives of the Consultancy Services are:
1. To review, verify and update the existing scheme
and preliminary design of the food control and
drainage improvement project, as recommended
in the Feasibility Study of 2001, and
2. To conduct feasibility study for the Navotas
Coastal Dike Construction, Tullahan and Marilao
River Improvement Works.
Outputs/Deliverables: Expected Outputs
The results of the feasibility study updating will be used
by the DPWH in identifying and prioritizing projects for
local and foreign fnancing.
3. Interested consultants must submit their eligibility documents not later than 2:00
p.m on May 17, 2012 at the Bids and Awards Committee (BAC) for Consultancy
Services, Room 502-B, 5
th
Floor, DPWH Building, Bonifacio Drive, Port Area, Manila.
Applications for eligibility will be evaluated based on a non-discretionary pass/fail
criterion.
The Eligibility Data Sheet will be available at the Offce of the BAC for Consultancy
Services upon submission of an Expression of Interest.
The BAC shall draw up the short list of Consultants from those who have submitted
(eligibility documents/Expression of Interest) and have been determined as eligible
in accordance with the provision of Republic Act 9184 (RA 9184), otherwise known
as the Government Procurement Reform Act, and its Implementing Rules and
Regulations (IRR). The short list shall consist of fve (5) prospective bidders who
will be entitled to submit bids. The criteria and rating system for the short listing are:

Applicable Experience - 35 pts.
Qualifcation of Personnel - 40 pts.
Job Capacity - 25 pts.
Total - 100 pts.
4. Bidding will be conducted through open competitive bidding procedures using non-
discretionary pass/fail criterion as specifed in the IRR of RA 9184.
Bidding restricted to Filipino citizen/sole proprietorships, partnerships or organization
with at least sixty percent (60%) interest of outstanding capital stock belonging to
citizens of the Philippines.
5. The Procuring Entity shall evaluate bids, using the Quality-Cost Based Evaluation/
Selection (QCBE/QCBS) procedure. Bids technical proposals pass the minimum
technical requirement of seventy fve percent (75%) shall have its fnancial proposals
opened and evaluated. The technical proposal shall carry eighty percent (80%)
weight in the evaluation. The criteria and rating system for the evaluation of bids
shall be provided in the Instruction to Bidders.
6. Contract Duration: eight (8) months
7. The Department of Public Works and Highways reserves the right to reject any
and all bids, annul the bidding process, or not award the contract at any time prior
to contract award, without thereby incurring any liability to the affected bidder or
bidders.
8. For further information, please refer to:
Undersecretary RAUL C. ASIS
Chairman, BAC for Consultancy Services
5
th
Floor, DPWH, Central Offce
Bonifacio Drive, Port Area, Manila
Tel. No. (+632) 304-3302
Fax No. (+632) 304-3572

(Sgd.) RAUL C. ASIS
Undersecretary
Manila
(MST-May 8, 2012)
INVITATION TO BID
for
REGION V: CONTRACT PACKAGE (CP) 5A
CP 5A.1 - Construction of Clemente Bridge and Approaches, and
CP 5A.2 - Construction of Bat-ongan Bridge and Approaches
1. The Department of Public Works and Highways (DPWH) through the General
Appropriations Act of 2012, intends to apply the sum of Php56,681,815.72 being
the Approved Budget for the Contract (ABC) to payment under the contract
for REGION V: CONTRACT PACKAGE (CP) 5A CP 5A.1 Construction of
Clemente Bridge and Approaches, and CP 5A.2 Construction of Bat-ongan Bridge
and Approaches located in San Fernando, Masbate and Mandaon, Masbate
respectively. Bids received in excess of the ABC shall be automatically rejected
at bid opening.
2. The DPWH now invites bids for REGION V: Contract Package (CP) 5A -
CP 5A.1 - Construction of substructure consisting of two (2) concrete abutments
with spill thru type abutments supported by 3-1.20 meter diameter columns on
3-1.50 meter diameter x 42 meters bored piles with grouted riprap abutment
protection, assembly/erection of one (1) steel girder at 25-meter span (Centunion
Modular Steel Girder Bridge), construction of approaches road including road
surfacing, construction of bridge deck slab and surfacing of the deck, construction
of slope protection works, and appurtenant structures. CP 5A.2 - Construction
of substructure consisting of two (2) concrete abutments on a spread footing
foundation, assembly/erection of one (1) steel truss at 45-meter span (Centunion
Modular Steel Truss Bridge), construction of approaches road including road
surfacing, construction of bridge deck slab and surfacing of the deck, construction
of slope protection works, and appurtenant structures. Completion of the works
is required within Three Hundred Six (306) calendar days. Bidders should have
completed, within ten (10) years from the date of submission and receipt of bids,
a contract similar to the Project. The description of an eligible bidder is contained
in the Bidding Documents, particularly in Section II, Instruction to Bidders.
3. Bidding will be conducted through open competitive bidding procedures using
non-discretionary pass/fail criterion as specifed in the Revised Implementing
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.
4. Contractors/applicants who are interested in the DPWH civil works are required to
register prior to the schedule set of submission of bid while those already registered
shall keep their records current and updated. Contractors eligibility to bid on the
project will be determined using the DPWH Contractor Profle Eligibility Process
(CPEP) and subject to further post-qualifcation. Information on registration can
be obtained at DPWH website www.dpwh.gov.ph or Central Procurement Offce
(CPO), 5
th
Floor DPWH Building, Bonifacio Drive, Port Area, Manila from 8:00 A.M.
to 5:00 P.M.
5. A complete set of Bidding Documents may be purchased by interested Bidders
at CPO, 5
th
Floor DPWH Building, Bonifacio Drive, Port Area, Manila upon
payment of a non-refundable fee for the Bidding Documents in the amount of
Php30,000.00.
It may also be downloaded free of charge from the website of the Philippine
Government Electronic Procurement System (PhilGEPS) and the website
of the Procuring Entity, provided that bidders shall pay the fee for the Bidding
Documents not later than the submission of their bids.
6. The DPWH will hold a Pre-Bid Conference on 22 May 2012, 9:00 a.m. at CPO,
5
th
Floor DPWH Building, Bonifacio Drive, Port Area, Manila, which shall be open
only to all interested parties.
7. Bids must be delivered on or before 05 June 2012, 10:00 a.m. at CPO, 5
th

Floor DPWH Building, Bonifacio Drive, Port Area, Manila. All bids must be
accompanied by a bid security in any of the acceptable forms and in the amount
stated in ITB Clause 18.1 of the Bidding Documents.
Bids will be opened in the presence of the bidders representatives who choose
to attend at the address above. Late bids shall not be accepted.
8. For further information, please refer to:
RAMON A. CACATIAN
OIC-Project Director
PMO for Special Bridge Projects
2
nd
Street, Bonifacio Drive
Port Area, Manila
9. The DPWH reserves the right to accept or reject any bid, to annul the bidding
process, and to reject all bids at any time prior to contract award, without thereby
incurring any liability to the affected bidder or bidders.
(Sgd.) JAIME A. PACANAN, Ph.D., CESO I
Undersecretary for Support Services
Chairman, BAC for Civil Works
(MST-May 8, 2012)
UNIVERSITY OF THE PHILIPPINES MANILA
The Health Sciences Center
BIDS AND AWARDS COMMITTEE 3
2nd Floor, Joaquin Gonzales Hall, Interactive Learning Center (ILC) Room
University of the Philippines Manila
P.Faura St. corner Ma. Orosa St., Manila
Telefax # 525-43-22 / 526-22-76
INVITATION TO BID
1. The University of the Philippines Manila through its Bids and Awards Committee
III (BAC 3), invites suppliers/manufacturer/distributors/contractors to apply for
eligibility and to bid for the hereunder projects:
Name of Project: Fiber Optic Rehabilitation and NIH-IO Entrance
Cable Installation (Included in the rehabilitation
and setting up undertaking are supply and
installation of fber optic cables and data
cabinets)
Requesting Unit/Location: CAD - IMS
Approved Budget for the
Contract:
Php 5,000,000.00
Bid Documents Php 1,500.00
Contract Duration: Single Bid
PR No.: IMS-12-001
Source of Fund: UPM IT Council Project

2. Prospective bidders should have experience in undertaking a similar project within
the last two (2) years with an amount of at least 50% of the proposed project for
bidding. The Eligibility Check/Screening as well as the Preliminary Examination of
bids shall use non-discretionary pass/fail criteria. Post-qualifcation of the lowest
calculated responsive bid shall be conducted.
3. All particulars relative to Eligibility Statement and Screening, Bid Security,
Performance Security, Pre-Bidding Conference(s), Evaluation of Bids, Post-
Qualifcation and Award of Contract shall be governed by the pertinent provisions
of R.A. 9184 and its implementing Rules and Regulation (IRR).
4. The complete schedule of activities is listed, as follows:
Activities Schedule
1 Issuance of Bid Documents Starting - May 8 , 2012
2 Pre-bid Conference May 22, 2012
3 Opening of Bids June 6, 2012 9:00 am
4 Bid Evaluation Within two (2) weeks after the opening
5 Post-qualifcation Within one (1) week after the bid evaluation
6 Issuance of Notice of Award Seven (7) days after Post-qualifcation
5. Bid Documents will be made available only to eligible bidders upon payment of a
non-refundable amount stated above for each project to the U.P. Manila Cashiers
Offce.
6. UP Manila assumes no responsibility whatsoever to compensate or indemnify
bidders for any expenses incurred in the preparation of the bid.
7. The University of the Philippines Manila reserves the right to reject any or all bids,
to waive any formality or defects therein, or to accept such as may be considered
most advantageous to UP Manila.
8. All inquiries shall be directed to the BAC III Secretariat at tel. no. 525-
4322 / 526-2275. This is also posted at the UP Manila Official Web:
http://www.upm.edu.ph/procurement.
(Sgd.) JOSELITO C. JAMIR, MD
Vice Chancellor for Administration
ERRATUM
In the Invitation to Bid of the
DPWH-Offce of the Secretary,
Manila published on Apr. 27, 2012
re: Rehabilitation/Restoration of
Various Road Sections In Cagayan
II, Region II, under the Post
Ondoy and Pepeng short term
Infrastructure; Rehabilitation Project
(POPSTIRP), Roads and Bridges
Component...Cluster RB4 on item
no. 1 should have read as RB40.

Our apology
ERRORS & OMI SSI ONS
In Classifed Ads section must be brought to
our attention the very day the advertisement
is published. We will not be responsible
for any incorrect ads not reported to us
immediately.
(MST-May 8, 2012)
By Gigi Munoz David
A PASIG City Regional Trial
Court ordered the arrest of for-
mer Senator Jovito Salonga, 92,
over an estafa case on Monday,
but the police decided not to take
him into custody because of his
frail health.
Judge Danilo Buemio of the
Pasig RTC issued the warrant
for the arrest of Salonga, his son
Esteban, Pedro Baez Jr., and
Ferdinand Baez over an estafa
case led by a physician named
Restituto Buenviaje.
A 10-man police team tried
to serve the warrant at Salongas
home on Acacia Street, Valle
Verde Subdivision, but the po-
licemen found that the former
senator was too weak to be
moved. He had tubes attached
to him for him to be able to eat,
one of the policemen said.
Salongas lawyer-son Este-
ban, also known as Steve, went
with the policemen and explained
to the court that the 92-year-old
former senator could no longer
stand up and think clearly be-
cause he has been suffering from
Alzheimers disease and demen-
tia since 2008.
Moreover, the police later
learned that Esteban had al-
ready posted bail, a few days
after Buemio issued the arrest
warrant in February. Salonga
was released after the authori-
ties conrmed that he had al-
ready posted a bail bond.
He was not arrested as the
warrant was issued last Feb. 2
and he posted bail last Feb. 12,
EPD Director Miguel de Mayo
Laurel told Manila Standar d in
a text message.
Salonga was earlier arraigned
for an estafa case led by a cer-
tain Dr. Restituto Buenviaje in-
volving the sale of a condomini-
um unit in Tagaytay in 1997.
Buenviaje complained that
he paid for a condominium unit
in a real estate development of
Salonga and Ferdinand Baez,
but the condominium that started
construction in 1997 remains
unnished.
By Ferdinand Fabella
JOURNALIST Ramon Tulfo has
led a formal complaint against
celebrity couple Raymart Santia-
go and Claudine Barretto over the
controversial mauling incident at
the Ninoy Aquino International
Airport (NAIA) Terminal 3 on
Sunday.
Accompanied by his lawyer
Mario General, Tulfo led charg-
es of physical injury and grave
coercion against the couple be-
fore the Ofce of the Prosecutor
in Pasay City.
Also named in the complaint
was a certain Eduardo Atillano,
one of Santiagos companions,
and several John Does whom
Tulfo claimed took part in beat-
ing him up.
I have thought of just letting
this go, but Raymart and Claudine
kept on insisting that I was the
one who started the ght. I was
the victim here, Tulfo, wearing
dark glasses to conceal a welt in
his right eye, said.
Tulfo denied Santiagos claim
that he purposely kicked Claudine
after Santiago confronted him for
taking pictures of his wife while
berating a ground personnel of
the Cebu Pacic.
The incident took place Sunday
afternoon at the baggage conveyor
area where Tulfo said he saw a
woman she later realized was Bar-
retto dressing down a teary-eyed
airline staff over a lost luggage.
Then came Raymart, de-
manding that I hand over my
cellular phone. We were arguing
when suddenly I was punched in
the eye, Tulfo said.
He pointed out he was record-
ing the incident as part of his
write-ups against the alleged in-
efciencies of the Cebu Pacic.
IN BRIEF
Wangs in China cagefest
Perpetual, USLS eye quarters
Forum tackles shooting
WANGS Ballclub will participate in the
eighth Zheng Chenggong Cup interna-
tional invitational mens basketball cham-
pionship scheduled May 16 to 21 in Nan-
an City, Fujian Province in China.
Managed by businessman-sportsman
Alex C. Wang and handled by coach Pablo
Lucas, the Mandaluyong-based team will
be the lone Philippine representiative in
the week-long competition held in honor of
a well-known Chinese general and hero.
A regular campaigner in the Millennium
Basketball League , Wangs Ballclub
was personally selected by Basketball
Associaiton of the Philippines president and
Sen. Antonio Trillanes IV to represent the
country in the prestigious event organized
by the Fujian Province Sports Bureau and
Nanan Municipal Peoples Government.
Wangs Balllcub will lean on former
PBA mainstays Jonathan Aldave, MC
Caceres and Bernzon Franco.
Also in the team are Erwin Sta. Maria,
Edrick Ferrer, Mario Reyes, Raycon
Kabigting, Edwin Asoro, Joseph Lingao-
Lingao, Jayvee Orera, Julio Magbanua,
Alex Bower and Galen Cacha.
PERPETUAL Help and
University of St. La
Salle-Bacolod go for
crucial wins against a
pair of struggling rivals
today as the quarters race heats up in the
penultimate elims playdate of the ninth
Shakeys V-League Presented by Smart at
The Arena in San Juan.
The Lady Altas, toting an even 1-1
card, take on the winless Southwestern
University side in Group A at 2 p.m.,
needing no less than a victory to seal their
stint in the next round.
But the Lady Cobras will surely be going
all out to foil the reigning NCAA champions
and keep their ickering quarters hope alive
in the season-opening conference of the
countrys premier womens volley league
sponsored by Shakeys Pizza.
THE Philippine National Shooting
Association, under president Mikee
Romero, is coming in full force in todays
session of the Philippine Sportswriters
Association Forum at Shakeys UN Ave.
Romero will be with shooter Brian Rosa-
rio and PNSA ofcials Atty. Hilario Paredes
(executive director), Col. Danilo Gamboa
(secretary general) and Josena Gay Corral
(VP local/international) in the session aired
live over DZSR Sports Radio 918, and pre-
sented by Smart, Shakeys, and the Philippine
Amusement and Gaming Corp.
Tobys sports president Toby Claudio is
also appearing in the 10:30 a.m. session,
according to PSA president Rey Bancod of
Tempo, to talk about the coming Summer
Tennis Festival 2012, as well as Touch
Football Pilipinas president and CEO Rey
Gigataras, Arabelle Jimenez, Amelia Bryre,
and the Nomads Bullettes.
MAY 8, 2012 TUESDAY
A7 Sports Riera U. Mallari, Editor
ManilaStandardToday
sports_mstandard@yahoo.com
Anthony made a tiebreaking
3-pointer with 54.5 seconds left
as the Knicks overcame another
serious injury to win a playoff game
Knicks stay alive against Heat
NEW YORKCarmelo Anthony scored
41 points, Amare Stoudemire had 20
points and 10 rebounds in his return
from a cut hand, and the New York
Knicks snapped an NBA-record, 13-
game playoff losing streak, beating the
Miami Heat 89-87 Sunday in Game 4 of
their rst-round series.
Llamados grab hard-earned crown
THE foul called by referees in
the dying seconds of regulation
time, which allowed B-MEG
Llamados import Denzel Bowles
to sink two free throws with 1.2
seconds remaining in regulation
to send the game into overtime,
may have been undeserved.
You can contest it all you want.
But there is simply no denying
Bowles, who scored 11 straight
points to power B-MEG to victory
and the championship of the 2012
Philippine Basketball Association
Commissioners Cup.
Bowles nished with 39
points and 21 rebounds to lead
the Llamados to their rst title
since the 2009-10 season or
three years ago.
Armed with hindsight, the
Llamados import was brimming
with condence. He certainly
earned the right to brag a little.
I knew I would make the
second (free throw). When the
shot left my hands, you watch
the video, I was stepping back
already. The rst one, I had a
little doubt, it kind of skirted in.
It was destiny for me to win this
thing. Weve been working so
hard. I really believe we deserve
it, said Bowles in a published
report.
With the loss went coach Chot
Reyes chance to earn a Grand
Slam much like his friend and
fellow coach Tim Cone, who
also put some distance between
themselves in the race to earn
the most PBA titles.
Cone now has PBA 14 titles,
which puts him just one behind
the all-time great Baby Dalupan.
For the Tropang Texters, it
was as painful a championship
loss as any in recent PBA
memory. TNT seemed to have
wrapped up the game after
Peek beat everyone downcourt
to score a layup to push TNT
ahead, 74-68, with just two
minutes left. But the Llamados
werent about to just curl up
and die cutting the gap to just
a point, 75-74.
The Llamados sent Peek to the
free throw line just 12.3 seconds
left and TNT big man could only
split his free throws to push TNT
ahead, 76-74. At the other end,
James Yap drove into the lane
but missed his attempt. But he
grabbed the loose ball and tossed
a pass to an open Bowles, who
REUEL VIDAL
SPORTS CENTER
for the rst time since April 29,
2001. Baron Davis dislocated his
right kneecap in the third quarter,
just as the Knicks were making the
run that got them back into the game
after a dismal rst half.
LeBron James scored 27 for the
Heat, who will try to close it out
in Game 5 at home on Wednesday.
Dwyane Wade had 22 points but
missed a 3-point attempt with
1.6 seconds left that would have
given Miami a lengthy rest before
starting the second round.
Wades errant shot set off a
loud celebration from Knicks fans
who hadnt seen their team win in
the postseason since beating the
Toronto Raptors in Game 3 of a
best-of-ve series. It didnt look as
if the victory would come in this
series, after the Knicks had been
blown out by 20 points per game
in the rst three games.
But they got a huge spark from
Stoudemire, playing with padding
over his hand just six days after
badly cutting it when he punched a
re extinguisher case after a Game
2 loss in Miami.
LAKERS 92, NUGGETS 88
DENVERKobe Bryant
scored 22 points, Andrew Bynum
added 19 and the Lakers stars
got plenty of help from their
supporting cast while taking a 3-1
lead in their rst-round playoff
series.
The Lakers can wrap it up
Tuesday night when the series
shifts back to Staples Center for
Game 5. AP
DEL MONTEGio Gandionco
edged LG Go by a stroke for the
boys Class A crown even as
Martina Minoza cruised to an
easy win in girls Class D in the
Del Monte leg of the Frankie
Minoza Junior Golf Circuit at
the tree-lined Del Monte Golf
Club course here.
Gandionco, fresh from a come-
from-behind win in the Junior
World qualifying two weeks ago,
posted rounds of 69 and 72 for a
36-hole aggregate of 141 to beat
Cebu Country Club teammate
LG Go, who did 70-72 for 142 in
the tourney sanctioned by the
Junior Golf Foundation of the
Philippines and part of the Inter-
national Container Terminal Ser-
vices Inc. Jungolf Summer Tour.
Minoza, a member of the big
golfing clan calling the Del Monte
course home, made 85 and 78 for
163 and a runaway victory. BJ
Minoza (76-70-146) also did well,
placing second to Reymon Jaraula
(73-71-144) in the special division.
JJ Gamolo, Russel Bau-
tista, Rolandeo Bregente and
Zeus Zara joined Gandionco
and Jaraula as boys division
winners while Apple Fudolin,
Rainstar Roque, Soa Chabon
and Marie Aparilla were the
girls division champions.
A total of 107 jungolfers saw
action in the kickoff leg of the
series supported by Frankie
Minoza, one of the countrys
most successful golfers.
Gamolo (70-72-142) ran away
with the Class B plum, Bautista
(79-81-160) won Class C by
three, Bregente (91-87-178) was
a two-shot winner in Class D and
Zara (44-48-92) cruised to a 14-
shot win in Class E.
Fudolin was just too good for
the girls Class A eld with her
79-72-151 effort, Roque (71-77-
148) took the Class B crown by
nine, Chabon (77-76-153) won
Class C by two and Aparilla 39-
43-82 routed the Class E eld.
The second leg of the circuit
will be held May 14 and 15 at the
Alta Vista course in Cebu and the
third May 21 and 22 at the Cebu
Country Club.
Gandioco edges Go for Class A title in Mioza golfest
DEFENDING champion
NLEX handed Blackwater
Sports a crushing blow to its
pl ayof f
drive by
r out i ng
t h e
E l i t e ,
6 0 - 4 5 ,
on Thursday in the Philippine
Basketball Association
D-League Foundation Cup
at the Ynares Sports Arena in
Pasig City.
The Road Warriors shook
off a poor start and effectively
took the ght away from
the Elite by outscoring
their opponent, 21-5, in the
seconds quarter.
Garvo Lanete scored 14
points, Calvin Abueva, back
in the rotation after missing
three games, came off the
bench and contributed 12 for
the Road Warriors, who rolled
to their seventh consecutive
victory and moved to within
a win of sweeping the
elimination round.
We didnt play well today.
We didnt execute our offensive
patterns the way we should.
Were lucky Blackwater had
an off night. But well take the
win, said NLEX coach Boyet
Fernandez.
Only Boracay Rum stands in
the way of the Road Warriors,
who will play the Waves at
the close of the elimination
round on May 24. No team
has completed a sweep of the
eliminations in the rst two
conferences of the edgling
league.
Its history. Denitely we
will go for it, said Fernandez,
adding they are already looking
forward to the playoffs.
NLEX Road
Warriors a
win shy of
elims sweep
By Lito Cinco
ASIAN triathlon powerhouse countries China and
Japan shared the limelight in last Saturdays rst day
of action at the K-Swiss Subic International Triathlon.
Chinas Bai Faquan and Japanese Kawashima Eri
ruled their respective divisions on a hot and humid day
inside the Subic Bay Freeport.
The 26-year-old Faquan, Chinas top-ranked triathlete
and no. 2 in Asia, shadowed the lead group in the 20K
bike leg after nishing behind in the 1.5K swim at the
Dungaree Beach. He was seventh man out of the bike
transition area, but made his move in the nal 10K run
leg, taking the lead from Irelands Benjamin Shawn in
the second loop and stepping up the pace at the halfway
mark. His strategy left the eld gasping in his wake en
route to a solo nish with a time of 1:50.12.
I was not sure about my chances because of the
strong eld, but I was aiming for the top three nish to
earn ITU points to qualify for the London Olympics,
said Faquan, whose chance for the elusive Olympic slot
was bolstered by his winning in Subic. Another win
will practically guarantee him a slot to the Olympics,
according to the interpreter, who got the information
from the triathletes Chinese coach.
Finishing second in the race presented by Century
Tuna and sponsored by Speedo, Gatorade, Fitness
First, Davids Salon, Standard Insurance, Ayala Land,
and Asian Centre for Insulation was 20-year-old Shaw,
an Under-23 champion, with a time of 1:50.36.
Comebacking Australian Shane Barrie paid the
price for a violation committed in the bike transition
area as it cost him a 15- second penalty and he settled
for third place with 1:52.09.
It was a different story altogether in the womens
elite division, which Kawashima Eri from Japan
dominated. Second placer Grace Musgrove, 19, from
New South Wales, Australia said Eri was simply too
good. Musgrove clocked 2:08.17 to Kawashimas
2:06.55.
Chinese, Japanese top Subic triathlon
By Ronnie Nathanielsz
TOP Rank promoter Bob Arum indicated
that World Boxing Organization super
bantamweight champion Nonito Flash
Donaire will defend his title against
former two-division world champion
Cristian Mijares of Mexico on July 7 at
the Home Depot in Anaheim, California.
It looks like hes going to ght
Mijares at the Home Depot on July 7,
Arum told the Manila Standard. Todd
(Dubeof) made the arrangements.
DuBeof is the president of Top Rank
Promotions and had been in negotiations
with HBO Sports for the rst title defense
of Donaire.
Donaires trainer and former world
champion Robert Garcia said earlier
that he visited Donaire, who began
training some weeks ago.
He already looked in real good shape.
He looked solid, very strong, said
Garcia.
Once the date and opponent are
conrmed, Garcia said he will join
Donaire, who is currently training at the
Top Rank Gym in Las Vegas and handle
the four-division world champions
training.
Donaire ghts Mijares on July 7 in Anaheim
missed the shot at close range
just as the buzzer sounded,
which should have ended the
game and the season.
But a referee signaled that
a foul had been committed by
Williams. After 1.2 seconds
was put back on the clock,
Bowles knocked down the two
free throws to send the game
into overtime and later hand the
crown to B-MEG.
* * *
After picking a bone with the
PBA about that championship,
let me now concede that
I was wrong about Floyd
Mayweather. Watching the
replay of the bout between
Mayweather and Miguel Cotto
okay, I will admit that I was
wrong and the Mayweather did
indeed win that ght.
At rst viewing, I thought that
Cotto had done enough as the
aggressor to earn the win. But
I guess my earlier perception
was colored by my natural bias
and dislike for Mayweather.
Having seen the ght a second
time during the evening replay,
I concede that Mayweather was
the superior ghter.
The two ringside judges
scored the ght 117-111 and
the third had it 118-110. The
decision was roundly booed by
the crowd at the MGM Grand
arena, which probably saw the
ght the way I did the rst time
I watched it.
Cotto was never down.
The judges said I lost the
ght, I cant do anything else,
Cotto said. Im happy with
my ght and performance and
so is my family. I cant ask for
anything else.
Now, I seriously doubt the
much-dreamed Mayweather-
Manny Pacquiao ght will ever
happen. Pacquiao beat Cotto
to a bloody pulp. Mayweather
barely survived and was lucky
to escape with the decision.
Knowing Mayweather is deathly
afraid to lose, then its more than
likely that he will never ght
Pacquiao, ever.
* * *
If you want to find out how
I sound like, please tune in to
the two-time KBP Best Sports
Program on the radio, MBC
Sports Center, in our new
time slot 1 to 2 p.m., every
Sunday, over the no. 1 radio
network in Asia, dzRH, 666
on your AM dial.
The same program is simulcast
on RHTV over Channel 25 on
Sun Cable and Channel 9 on
Cable Link. Sports Center can
be followed live from anywhere
in the world through the Internet
on http://dzrh.tripod.com and
http://dzrh.prepys.com.
For comments, questions and
non-violent reactions please,
send your e-mail to reuelvidal@
ymail.com.
Games today
2 p.m. Perpetual
vs SWU
4 p.m. USLS
vs Adamson
Olympic forum.
Philippine team Chief
of Mission Manny Lopez
(left) is welcomed by
Olympic Council of Asia
director general Husain Al
Musallam during the two-
day Olympic forum for the
44 OCA member-nations
organized by the London
Olympic Games Organizing
Committee last week in
Kuala Lumpur. The PH squad,
supported by International
Container Terminal Services
Inc. and Bank of Philippine
Islands, is expected to be
represented by six to seven
athletes in the Olympiad
that begins July 27.
Top seed Chinas Bai Faquan lived up to his billing in
the K-Swiss Subic International Triathlon as he came
from behind to win the race. Here, Faquan nishes
the initial 1.5K swim leg at the Dungaree beach.
Games Tuesday
(Ynares Sports Arena)
2 p.m. Boracay Rum vs
Erase Plantcenta
4 p.m. Jr. Powerade vs
Cebuana Lhuillier
By Jeric Lopez

WHEN it seems like all is lost, B-MEG summoned
all the power left in the Llamados to magically
orchestrate one of the greatest comebacks in
Philippine Basketball Association history and win
the Commissioners Cup title in spectacular fashion.
B-MEG coach Tim Cone, moments after his
team completed the come-from-behind triumph,
was in utter disbelief that he had already won his
rst championship in just his second conference
guiding the Llamados.
He was in total shock of how his team even got
past that deep hole down the stretch, including a
six-point decit with just over-a-minute left.
Im still scratching my head until now. Im still
wowing. I absolutely have zero idea what happened.
I dont know how, I dont know why, but somehow
we did it. I dont feel deserving to be here, but Ill
take it. Im in total shock, said an ecstatic Cone
after winning his 14th career championshiphis
rst outside Alaska. It looked like we lost it seven
or eight times already. I dont know what to say.
Cone was just so thrilled that he was able to will
his new team to the title on just his second try and
with all adjustments still taking place. Moreover,
they topped Talk N Text, 4-3, following a 90-84
Game 7 win against a team whos been dominating
the league the last two seasons.
Were very fortunate to be here this quickly. It
always takes a special effort to win the championship
and everyone deserves credit, added Cone. Ill
look at the video probably 35 times and I still wont
gure out how we exactly did it. You have to do
amazing stuff to be able to beat a team like Talk N
Text, who plays together and plays very hard. When
you come together, you get something special.
Finals Most Valuable Player James Yap, who averaged
19.5 points and 5.9 rebounds per game in the series, had
the biggest salute for what Cone did for the team.
Thank you talaga kay Coach Tim (Cone). Second
conference pa lang niya sa amin, nadala niya na
kagad kami sa championship. Napakagaling niya
talaga, said Yap of his celebrated coach.
Only time will tell if this is the start of a new
reign in the league.
Of course, the goal is to win more
championships, said Cone.
MAY 8, 2012 TUESDAY
A8
Jackes, Casequin deliver for TRS-Castrol
THE Tuason Racing School-
Castrol Kids Team put up a good
show behind Flynn Jackes and Wil
Casequin recently in the second
leg of the National Karting Series
at the Batangas Racing Circuit in
Rosario, Batangas.
The two were part of the
pioneer batch of young karting
protgs, who excelled in the
Castrol Champions of the Future
program launched last year.
And they have proven their worth
when they delivered a champion
trophy and a third-place finish for the
TRS-Castrol Kids Team powered
by Castrol, Bridgestone, Standard
Insurance, C! Magazine, OMP, Coke
Zero, Oakley, Aguila and Toptul.
Jackes captured the Mini-ROK
crown, while Casequin bagged
a second runner-up nish in the
Formula Cadet Expert class.
Jackes put up a strong ght
against the favorites as he ruled
both the Pre-Final and Final races.
Posting a best time of 1:30.350
in the qualifying time trials, Jackes
improved his time to a personal
BRC best laptime of 1:28.998
in the Pre-Finals as he displayed
impressive defense to ward off his
rivals and control the tempo from
start to nish in the last two races.
He completed the eight-lap final race
in 11 minutes and 54.803 seconds, a far
7.443 seconds ahead of the runner-up.
Casequin, on the other hand,
ended fourth in the qualifying
but moved up to third in the Pre-
Final race despite experiencing
problems with his kart.
Determined, Casequin gave his
best in the Final race and engaged
the two front-running karters in a
Cone: Our goal is
to win more titles
Sports
Manila Standard TODAY
sports@manilastandardtoday.com sports_mstandard@yahoo.com Riera U. Mallari, Editor
LOTTO RESULTS
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NBA RESULTS
POUND-FOR-POUND king Manny
Pacquiao has renewed ties and will begin
training with strength and conditioning
coach Alex Ariza on Monday in Los Angeles
following the Filipino champs arrival in
LA last Saturday in time to watch the Floyd
Mayweather Jr.-Miguel Cotto title ght.
Ariza told the Manila Standard that
he had spoken to Pacquiao for a few
minutes after his Bible study and that
their conversation went ne.
We will begin with jogging on
Monday morning, said Ariza.
There were some doubts about
Arizas role in Pacquiaos preparation
for the World Boxing Organization
welterweight title defense against
undefeated Timothy Bradley at the
MGM Grand Garden Arena on June
9, when he left in the middle of the
Filipino champs Baguio City training
camp after getting permission from the
Fighter of the Decade.
The strength and conditioning
coach, who teamed up with trainer
Freddie Roach in the Pacquiao
training regimen some weeks before
(Second of a series)
By Ronnie Nathanielsz
RECENTLY, Manny Pacquiao
preached before another huge gathering
that braved the oven-hot conditions in
the Hope church in San Pedro, Laguna
where, according to Dyan Castillejo of
ABS-CBN, Pacquiao was the guest
preacher.
Castillejo noted that the crowd was
made up largely of poor and middle-
class worshippers. There were many
young people who all listened intently
to Manny.
To him, the people were anxious
to listen, even though the churchs
air-conditioning unit was out. I was
amazed at the reaction of the people.
Despite it being so hot, they listened
to me preach for an hour and many
received Jesus Christ. I enjoy spreading
the word of God, because without God
in our lives, we are considered dead.
Pacquiaos faithful adviser Michael
Koncz said that there have been some
articles claiming that Pacquiaos
religiosity is a ploy for political
reasons.
But that is absolutely not true. Hes
found inner peace and inner happiness
with the Bible and hes serious about it.
I should know because I drive around
with him all the time and now he is
my pastor, said Koncz. He and his
wife Jinkee are very happy, the kids
are involved in the Bible study which
is a good thing too and a tremendous
amount of good things that came out of
it. He is denitely 200 percent sincere
and its not a gimmick and not a ploy.
Hes found inner peace and happiness
and thats tremendous.
Koncz admitted that they did a lot
of things that theres no need to talk
about but thats all done and over with.
And I think thats another reason
why his conditioning and speed are
there now, not only because we are
not staying up late and drinking once
in a while, but because hes got peace
inside. When you have stress, its more
tiring than doing an 8 to 5 labor job.
He is dead serious, hes committed to
it. Hes happy and Im happy that they
are happy, said Koncz.
The adviser didnt wish to get into
a discussion of Pacquiaos decision to
take his oath of ofce around midnight
on April 16 as a member of the PDP-
Laban political party under vice
president Jojo Binay, but pointed out
that people underestimate Mannys
intelligence.
The average person doesnt see
the reasoning behind his decisions,
but most of the time, he has a reason
for it and I am sure he had a reason
for doing what he did this time, said
Koncz, who added, he joined a party,
where its all about action, responding
and trying to do what the people need
and want.
Pacquiao took his oath before PDP
president, Sen Koko Pimentel at the
Makati Shangrila Hotel.
The blessings Pacquiao has
received, he shares with others. He is
happier when he is giving rather than
receiving because he knows he came
from among the poor and he knows
the heart of those who often go hungry
and need help, said Fernandez.
I am very sure about my decision,
because I likes men of action. Besides,
I have no party and Binay is a friend
and they really welcomed me into the
PDP, said Pacquiao.
(To be concluded)
Pacquiao believes God will strengthen him
Bowles sweetest win
Pacman, Ariza reunite
WHEN B-MEG signed up Denzel Bowles as its import for the
Commissioners Cup, Llamados mentor Tim Cone said that
their prized nd is NBA material.
Were lucky to have him, Cone gushed.
A conference later, Bowles showed everyone the proof a
Philippine Basketball Association title for the Llamados.
Bowles proved Cone was right and why he is the leagues
Best Import as he carried the Llamados on his back in a
masterful Game 7 performance that clinched for B-MEG the
Commissioners Cup crown.
Im so proud of my team. We fought through it all. Im so
glad I came to B-MEG, said an emotional Bowles.
The 22-year-old Bowles, amidst nervousness and fear,
shook them all off and knocked down the two most important
free throws of his life to force Game 7 into an overtime, 76-
76, before unleashing his offensive will in the extension to
spearhead B-MEG to the crown, 90-84.
I was so scared. I was so nervous. I didnt want to miss them. I
didnt want to lose it for us. The rst one was difcult and I made it
then the second one, I knew it would be good the moment it left my
hands. Those were the biggest shots of my career so far.
Bowles nished with his usual monster numbers in Game 7
with a PBA career-high 39 points and 21 rebounds.
To make things sweeter than it already is, it was Bowles
rst-ever championship. This is what I wantmy rst
championship playing for a wonderful team.
Denzel (Bowles) was the man. I didnt really see any panic
in him. He was really playing at a very emotional level, but it
was a positive emotional level. I think he was emotional in a
good way, said coach Tim Cone. Jeric Lopez
PH to spend
P1.2 billion
for sports
By Peter Atencio

LINGAYENThe government
will spend at least P1.2 billion
for its sports development and
grassroots programs within the
next six years.
A realignment of funds
from the National Sports
Development Fund to the
Philippine Sports Commission
will mean an additional budget
of P200 million yearly for the
government sports body.
President Benigno Aquino
III said this in his speech during
the opening ceremonies of the
annual scholastic sports meet
in Lingayen, Pangasinan on
Monday.
Asahan naman ninyo,
patuloy ang suporta ng inyong
pamahalaan sa pagpapabuti
at pagpapaigting sa larangan
ng sports sa bansa, said the
President Aquino in his address
to more than 8,500 delegates of
the games at the Narciso Ramos
Sports and Civic Center.
Meanwhile, the National
Capital Region exed its
muscles on Sunday to claim
four golds medals in the
secondary and elementary
boys artistic gymnastics.
In athletics, Chiang Kai Shek
bet Maureen Schrijver and Ira
Ynot put NCR in contention for
a gold medal when they topped
the heats of the secondary girls
100-meter run with their times
of 12.4 and 12.6 seconds.
The 17-year-old Schrijver
moved closer to smashing
Nancy Navaltas 1997 meet
record of 11.9.
KNICKS 89, HEAT 87
LAKERS 92, NUGGETS 88
CELTICS 101, HAWKS 79
76ERS 89, BULLS 82
the Pacman smashed World Boxing
Council lightweight champion David
Diaz in nine rounds, indicated he
expects the champ to continue with his
demanding plyometric routine, which
the Filipino had already begun at his
training camp in Baguio City.
Ariza said its hard to tell about
Pacquiaos condition, because he
looked so tired after a long plane
ride and he was giving a Bible study.
We talked a little bit before that and
talked a little bit after and I wont know
anything until I see him tomorrow to
nd out whether the media reports
were true.
Informed that the compassionate
nature of Pacquiao showed even
in sparring against Russian
welterweight Ruslan Provodnikov,
Ariza noted that he (Manny) doesnt
know how to push it, too.
Evaluating the Mayweather-Cotto
ght, Ariza said Cotto looked great in
the eighth round and had it.
But he gassed out in the ninth.
If he had pushed the championship
rounds, that was his (win) and I
think they would have given it to
him because he was really, really
great especially in the eighth
round, said Ariza.
Asked about Pacquiaos chances in
the remote possibility that Mayweather
would ght him, Ariza said: It depends
on how Manny decides to train for it. If
he goes back to the way he trained back
in the days (when he beat Oscar De La
Hoya, Ricky Hatton and Cotto), I think
that Manny right there is invincible. But I
havent seen that Manny yet.
Ronnie Nathanielsz
Members, ofcials and supporters of B-MEG celebrate the Llamados title triumph in the PBA
Commissioners Cup. Inset shows B-MEGs James Yap, with son Baby James, displaying the PBA
Press Corps Excelroof Finals Most Valuable Player award he received from Excelroof special
assistant to the president Bryan Gene Chua, his son Matthew Chua, and PBA Press Corps
secretary Waylon Galvez of the Manila Bulletin. LINO SANTOS
three-way battle for the lead.
But time wasnt on his side as he
settled for third, nishing just 1.644
seconds behind the champion.
His teammate AT Tuason, who
later joined the wild chase for the
top spot, wound up fourth in the
Formula Cadet Expert class as he
checked in close behind by just
1.681 seconds behind the champion.
TRS-Castrol karters (from left) Flynn Jackes, Wil Casequin and AT
Tuason hold their trophies.
Business
MAY 8, 2012 TUESDAY
B1
Ray S. Eano, Editor extrastory2000@gmail.com
Roderick T. dela Cruz, Assistant Editor
IN BRIEF
PSE COMPOSITE INDEX
Closing May 7, 2012
5,229.53
68.02
5200
4460
3720
2980
2240
1500
1200
PESO-DOLLAR RATE
40
42
44
46
48
P42.350
CLOSE
Closing MAY 7, 2012
VOLUME 678.600M
HIGH P42.320 LOW P42.440 AVERAGE P42.384
Jardine buys 50% of Rustans
New mining
rule to allow
Tampakan
By Jenniffer B. Austria
ASIAN retail giant
Dairy Farm International
Holdings Inc. has
acquired a 50-percent
stake in local supermarket
chain operator Rustans
Supercenters Inc. for an
undisclosed amount.
RSCI, the operator of Rustans
Supermarkets and the Shopwise chain of
hypermarkets, said the Tantoco family
would retain the remaining 50 percent.
The company is a leader and pioneer in the
grocery shopping industry, well known for
its focus on quality, customer service
and fresh food.
It said in a statement the partnership
with Dairy Farm would boost its
position as one of the top retailers in
the country. Dairy Farm is a leading
pan-Asian retailer and a member of the
Jardine Matheson Group.
The Matheson Group and its associates
operated more than 5,400 outlets, and
had total annual sales exceeding $10
billion at the end of 2011. Dairy Farm
has a premium listing on the London
Stock Exchange, with secondary listings
in Bermuda and Singapore.
The group operates supermarkets,
hypermarkets, health and beauty stores,
convenience stores, home furnishings
stores and restaurants under well-
known brands.
RSCI said it would benet from Dairy
Farms extensive pan-Asian operations,
its expertise in various retail formats,
strong balance sheet and membership in
the Jardine Matheson Group.
Dairy Farms international expertise
is expected to complement the
Tantocos in-depth experience in
Philippine retailing, it added.
We are extremely pleased to be
partners with the Dairy Farm Group.
This undertaking will not only
strengthen RSCIs position as a leading
retailer in the country, but it will also
translate into more employment for
Filipinos, more value and choices for
customers, and enhanced shareholder
value, RSCI president and chief
executive Bienvenido Tantoco III said.
Rustans Supermarket, established
in 1970, is a pioneer in modern
grocery retailing and introduced many
innovations that are still being imitated
to this day.
THE Philippines is set to unveil a mining
policy that boosts the governments take
from resources contracts, identies protect-
ed areas and still lets the stalled Tampakan
copper-gold project of Xstrata Plc in South
Cotabato to proceed, President Benigno
Aquino said.
It really is a question of balancing the ben-
ets against the damage mining can cause,
Aquino, 52, said in an interview at Malaca-
ang Palace on May 4. We have 100 percent
of the exposure in case of an ecological disas-
ter. We get 2 percent of the gains.
The administration will soon publish its
new policy, which will increase the states
revenue from the current 2-percent excise
tax and ensure 78 areas are cordoned off for
eco-tourism, Aquino said. Success in getting
higher revenue would help narrow the scal
decit and improve odds of the Philippines
winning investment-grade credit status.
Asked whether the guidelines would let
the proposed $5.9-billion Xstrata copper and
gold project to proceed, the President said I
think so. Xstratas plans have been stymied
by a local-authority ban on open-pit mining.
The Philippines, which has had annual
budget decits since a surplus in 1997,
would join at least 11 countries from Aus-
tralia to Ecuador that Deutsche Bank AG
says announced plans to increase taxes or
royalties on sales of resources such as gold
and coal last year. Bloomberg
RCBC posts P1.5-b prot
RIZAL Commercial Banking Corp. said
Monday net income rose 49.5 percent to
P1.53 billion in the rst quarter from P1.02
billion a year ago, on higher trading gains,
exchange income and trust fees.
RCBC said operating income also climbed
28.5 percent to P5.61 billion, as net interest
income grew 6.1 percent to P2.7 billion. Non-
interest income was up by 60 percent, sup-
ported by trading gains, exchange income and
trust fees, which amounted to P1.92 billion.
The bank continued to expand its branch
and automated teller machine network in order
to increase reach and improve customer con-
venience. Its branch network increased to 392
and its ATM network to 841 as of end-March.
Cost-to-income ratio improved to 56.46
percent from 62.34 percent previously. Pro-
visions for bad loans reached P668 million.
RCBC said capital position remained
strong, with capital funds rising 15.37 per-
cent to P41.73 billion from P36.17 billion
last year. Capital adequacy ratio reached
18.11 percent, with much leeway for asset
growth from the Bangko Sentrals minimum
regulatory requirement of 10 percent. Tier 1
ratio of 13.5 percent also exceeded the mon-
etary authorities 6-percent requirement.
Elaine Ramos Alanguilan
Alsons secures $71.5m
ALSONS Consolidated Resources Inc.,
the publicly listed holding rm of the Min-
danao-based Alcantara group, said Monday
that it secured $71.5 million from its main
shareholder to invest in a power project in
southern Philippines.
The company told the stock exchange
it obtained $71.5-million facility from
shareholder Alsons Power Holdings Corp.,
to fund its 75-percent equity investment in
Sarangani Energy Corp.
Sarangari Energy said starting in the second
quarter, it would begin construction of phase one
of the 200-megawatt power plant in Sarangani.
The power rm aims to provide 70 MW of
power to Sarangani and two municipalities
of South Cotabato under the power sales
agreement with the South Cotabato 2
Electric Cooperative. Jenniffer B. Austria
Business
ManilaStandardToday
extrastory2000@gmail.com
MAY 8, 2012 TUESDAY
B2
10 ways to kick the Gmail blues
Stocks fall on new
Euro uncertainties
52 Weeks Previous % Net Foreign (Peso)
High Low STOCKS Close High Low Close Change Volume Trade/Buying
MST BUSINESS DAILY STOCKS REVIEW
MONDAY, MAY 7, 2012
M
S
T
FINANCIAL
70.00 46.00 Banco de Oro Unibank Inc. 67.00 66.45 64.90 65.45 (2.31) 4,139,730 (51,676,117.00)
76.80 50.00 Bank of PI 73.10 73.00 70.50 71.05 (2.80) 3,572,880 (10,028,924.50)
1.82 0.69 Bankard, Inc. 0.73 0.74 0.74 0.74 1.37 15,000
512.00 370.00 China Bank 528.00 535.00 529.00 530.00 0.38 33,170
1.95 1.42 BDO Leasing & Fin. Inc. 1.80 1.87 1.76 1.84 2.22 9,000
23.90 12.50 COL Financial 23.00 23.00 22.80 22.80 (0.87) 20,100
Eastwest Bank 18.50 20.70 19.70 19.78 6.92 39,768,700 (142,307,533.00)
22.00 7.56 Filipino Fund Inc. 11.00 11.00 11.00 11.00 0.00 3,000
0.95 0.62 First Abacus 0.79 0.79 0.79 0.79 0.00 30,000
80.00 40.00 First Metro Inv. 68.05 68.05 68.05 68.05 0.00 10
3.26 1.91 I-Remit Inc. 2.30 2.34 2.34 2.34 1.74 1,000
775.00 475.20 Manulife Fin. Corp. 540.00 530.00 530.00 530.00 (1.85) 950
29.00 3.00 Maybank ATR KE 28.40 28.40 27.95 28.15 (0.88) 102,700
93.50 60.00 Metrobank 92.00 92.00 89.90 90.00 (2.17) 3,431,220 (74,716,653.00)
3.06 1.30 Natl Reinsurance Corp. 2.20 2.08 2.07 2.07 (5.91) 7,000
16.85 41.00 Phil. National Bank 77.40 77.00 75.00 75.80 (2.07) 730,850 12,369,552.50
539.00 204.80 PSE Inc. 368.00 372.00 357.00 360.00 (2.17) 88,760 10,776,370.00
44.40 25.45 RCBC À 44.55 45.25 43.10 43.15 (3.14) 382,900.00 (6,938,145.00)
151.50 77.00 Security Bank 154.00 153.80 149.00 149.60 (2.86) 907,160 (25,247,318.00)
140.00 58.00 Union Bank 105.50 105.60 104.40 104.90 (0.57) 205,850 (1,247,930.00)
2.06 1.43 Vantage Equities 1.88 1.88 1.88 1.88 0.00 50,000
INDUSTRIAL
35.50 26.50 Aboitiz Power Corp. 35.10 35.15 34.00 34.60 (1.42) 1,576,300 17,696,455.00
13.58 7.32 Agrinurture Inc. 12.24 12.18 11.88 12.00 (1.96) 70,300
23.50 11.98 Alaska Milk Corp. 23.65 23.65 23.55 23.60 (0.21) 664,700 (15,533,520.00)
1.86 0.97 Alliance Tuna Intl Inc. 1.54 1.55 1.51 1.51 (1.95) 252,000 3,020.00
54.90 26.00 Alphaland Corp. 30.00 30.00 30.00 30.00 0.00 200
1.65 1.08 Alsons Cons. 1.41 1.42 1.38 1.38 (2.13) 1,390,000 (42,600.00)
Asiabest Group 46.60 47.50 40.00 41.45 (11.05) 206,900
102.80 3.02 Bloomberry 9.70 9.73 9.56 9.60 (1.03) 21,772,800 (1,597,554.00)
26.55 12.50 C. Azuc De Tarlac 19.96 19.00 19.00 19.00 (4.81) 100
3.07 2.30 Chemrez Technologies Inc. 2.68 2.66 2.65 2.65 (1.12) 100,000 106,400.00
8.33 7.41 Cirtek Holdings (Chips) 8.19 8.20 8.08 8.20 0.12 55,000
7.06 4.83 Energy Devt. Corp. (EDC) 6.00 6.01 5.89 5.99 (0.17) 12,474,500 31,546,151.00
6.28 2.80 EEI 6.35 6.32 6.00 6.08 (4.25) 2,632,000 (990,154.00)
3.80 1.00 Euro-Med Lab. 1.89 1.97 1.97 1.97 4.23 1,000
25.00 5.80 Federal Chemicals 12.80 12.80 12.00 12.02 (6.09) 5,400
15.58 12.50 First Gen Corp. 14.18 14.20 14.00 14.00 (1.27) 788,400 656,624.00
67.20 51.50 First Holdings A 65.00 64.85 63.90 64.30 (1.08) 325,160 (4,462,566.00)
31.50 22.50 Ginebra San Miguel Inc. 22.45 22.40 22.30 22.40 (0.22) 64,000 (1,158,080.00)
0.10 0.0095 Greenergy 0.0160 0.0160 0.0150 0.0160 0.00 50,300,000
13.50 7.80 Holcim Philippines Inc. 12.02 12.02 11.98 12.02 0.00 527,700 376,826.00
9.00 4.71 Integ. Micro-Electronics 4.76 4.95 4.70 4.80 0.84 40,000 14,400.00
2.35 0.95 Ionics Inc 1.480 1.560 1.190 1.480 0.00 62,000
120.00 80.00 Jollibee Foods Corp. 111.00 112.00 108.20 111.00 0.00 317,030 (4,277,845.00)
91.25 25.00 Liberty Flour 53.30 53.30 53.30 53.30 0.00 10
8.40 1.04 LMG Chemicals 3.00 2.98 2.79 2.80 (6.67) 177,000
3.20 1.05 Manchester Intl. A 2.13 2.13 2.13 2.13 0.00 6,000
24.70 17.94 Manila Water Co. Inc. 25.55 25.55 25.00 25.00 (2.15) 496,400 (590,735.00)
6.95 0.75 Mariwasa MFG. Inc. 3.50 3.49 3.49 3.49 (0.29) 4,000
15.30 8.12 Megawide 17.00 17.00 16.00 16.50 (2.94) 710,500
295.00 215.00 Mla. Elect. Co À 263.00 261.00 258.00 259.60 (1.29) 203,030 12,039,694.00
6.75 4.50 Panasonic Mfg Phil. Corp. 6.40 6.45 3.20 6.45 0.78 600 (2,945.00)
3.00 1.96 Pepsi-Cola Products Phil. 2.85 2.84 2.50 2.77 (2.81) 1,582,000 834,500.00
17.40 9.70 Petron Corporation 10.74 10.72 10.80 10.66 (0.74) 1,368,800 10,630.00
14.00 10.30 Phinma Corporation 12.00 12.00 11.00 11.00 (8.33) 12,000
15.24 9.01 Phoenix Petroleum Phils. 9.40 9.56 9.20 9.22 (1.91) 572,500 (1,846.00)
2.55 1.01 RFM Corporation 2.60 2.70 2.61 2.63 1.15 1,845,000 2,192,100.00
3.49 2.01 Roxas Holdings 2.95 2.86 2.86 2.86 (3.05) 15,000
6.50 2.90 Salcon Power Corp. 3.80 3.85 3.80 3.85 1.32 12,000
33.00 27.70 San Miguel Brewery Inc. 29.90 29.90 29.30 29.80 (0.33) 255,300
132.60 105.70 San Miguel Corp À 112.90 112.90 112.00 112.40 (0.44) 402,170 6,660,309.00
1.90 1.25 Seacem 1.78 1.76 1.73 1.76 (1.12) 519,000
2.50 1.85 Splash Corporation 1.89 1.96 1.85 1.88 (0.53) 310,000
0.250 0.112 Swift Foods, Inc. 0.135 0.135 0.133 0.134 (0.74) 2,210,000
5.46 2.92 Tanduay Holdings 3.80 3.80 3.78 3.80 0.00 160,000
3.62 1.99 TKC Steel Corp. 2.35 2.37 2.20 2.37 0.85 2,000 (2,370.00)
1.41 0.90 Trans-Asia Oil 1.28 1.29 1.26 1.26 (1.56) 3,110,000
68.00 36.20 Universal Robina 66.20 66.50 63.95 66.40 0.30 2,148,910 10,384,346.50
1.12 0.285 Vitarich Corp. 0.730 0.710 0.690 0.700 (4.11) 1,045,000
18.00 2.55 Vivant Corp. 10.50 12.00 10.50 11.00 4.76 9,200
1.22 0.68 Vulcan Indl. 1.05 1.04 1.02 1.02 (2.86) 1,412,000 468,000.00
HOLDING FIRMS
1.18 0.65 Abacus Cons. À 0.75 0.75 0.73 0.73 (2.67) 1,016,000
59.90 35.50 Aboitiz Equity 53.90 53.50 52.35 53.10 (1.48) 2,523,110 (4,045,604.50)
0.019 0.014 Alcorn Gold Res. 0.0160 0.0160 0.0160 0.0160 0.00 3,100,000
13.48 8.00 Alliance Global Inc. 13.40 13.44 12.92 13.02 (2.84) 19,823,300 6,891,132.00
2.97 1.67 Anglo Holdings A 2.14 2.10 2.10 2.10 (1.87) 19,000
4.60 3.00 Anscor À 4.90 4.95 4.85 4.95 1.02 13,000
6.98 0.260 Asia Amalgamated A 4.50 4.40 4.26 4.26 (5.33) 25,000
3.15 1.49 ATN Holdings A 1.70 1.82 1.60 1.69 (0.59) 44,000
437.00 272.00 Ayala Corp À 454.00 450.00 441.60 448.00 (1.32) 403,340 (21,352,980.00)
59.45 30.50 DMCI Holdings 62.35 63.00 61.30 62.05 (0.48) 2,892,750 (48,801,723.50)
5.25 3.30 Filinvest Dev. Corp. 5.02 5.05 4.60 4.65 (7.37) 2,899,300 908,480.00
GT Capital 511.50 510.00 500.00 500.00 (2.25) 408,800 (10,244,200.00)
5.22 2.90 House of Inv. 4.75 4.70 4.61 4.61 (2.95) 48,000
34.80 19.00 JG Summit Holdings 35.50 35.40 34.00 34.00 (4.23) 2,246,000 24,492,055.00
5.17 2.30 Keppel Holdings À 4.00 3.50 3.50 3.50 (12.50) 1,000
6.95 4.00 Lopez Holdings Corp. 5.70 5.68 5.50 5.53 (2.98) 247,500
1.54 0.61 Lodestar Invt. Holdg.Corp. 1.21 1.21 1.17 1.18 (2.48) 8,996,000 (481,200.00)
0.91 0.300 Mabuhay Holdings À 0.600 0.630 0.590 0.630 5.00 36,000
3.82 1.500 Marcventures Hldgs., Inc. 3.250 3.230 3.020 3.210 (1.23) 12,868,000 4,011,410.00
4.45 2.56 Metro Pacic Inv. Corp. 4.50 4.53 4.40 4.49 (0.22) 20,177,000 9,614,470.00
6.24 2.10 Minerales Industrias Corp. 4.90 5.10 4.90 5.00 2.04 208,000
4.72 1.22 MJCI Investments Inc. 2.00 1.65 1.65 1.65 (17.50) 14,000
0.0770 0.054 Pacica À 0.0570 0.0570 0.0570 0.0570 0.00 2,930,000
2.20 1.42 Prime Media Hldg 1.500 1.500 1.500 1.500 0.00 100,000
0.82 0.44 Prime Orion 0.510 0.510 0.500 0.510 0.00 30,000
4.10 1.56 Republic Glass A 2.05 2.10 2.00 2.00 (2.44) 35,000 (10,040.00)
2.40 0.91 Seafront À 1.40 1.42 1.41 1.41 0.71 27,000
699.00 450.00 SM Investments Inc. 698.00 698.00 676.00 691.00 (1.00) 255,790 (28,699,490.00)
1.78 1.00 Solid Group Inc. 1.50 1.50 1.40 1.45 (3.33) 1,045,000 29,300.00
0.620 0.056 Wellex Industries 0.3800 0.3850 0.3650 0.3700 (2.63) 7,180,000 370,000.00
1.370 0.178 Zeus Holdings 0.600 0.600 0.580 0.590 (1.67) 1,198,000 (59,000.00)
P R O P E R T Y
39.00 11.00 Anchor Land Holdings Inc. 43.00 44.95 35.00 41.45 (3.60) 2,200 7,645.00
2.82 1.70 A. Brown Co., Inc. 2.70 2.68 2.52 2.68 (0.74) 172,000
0.75 0.31 Araneta Prop À 0.780 0.800 0.750 0.790 1.28 722,000
0.218 0.150 Arthaland Corp. 0.183 0.182 0.180 0.180 (1.64) 4,720,000
22.40 13.36 Ayala Land `B 22.00 22.15 21.40 21.90 (0.45) 4,764,500 6,472,475.00
6.12 3.08 Belle Corp. À 4.94 4.94 4.85 4.88 (1.21) 2,705,000 4,908,180.00
9.00 2.26 Cebu Holdings 7.97 7.93 7.25 7.60 (4.64) 7,515,300 7,570.00
5.66 0.26 Century Property 1.68 1.70 1.67 1.68 0.00 3,183,000 (38,650.00)
2.85 1.20 City & Land Dev. 2.45 2.30 2.30 2.30 (6.12) 2,000
1.65 1.07 Cityland Dev. À 1.28 1.29 1.28 1.28 0.00 118,000
0.127 0.060 Crown Equities Inc. 0.081 0.081 0.081 0.081 0.00 1,000,000
1.16 0.67 Cyber Bay Corp. 0.88 0.87 0.87 0.87 (1.14) 1,385,000
0.90 0.54 Empire East Land 0.820 0.820 0.770 0.780 (4.88) 29,898,000 5,809,500.00
3.80 2.90 Eton Properties 3.35 3.30 3.30 3.30 (1.49) 37,000
0.310 0.10 Ever Gotesco 0.189 0.181 0.181 0.181 (4.23) 30,000
3.06 1.76 Global-Estate 2.08 2.11 2.06 2.10 0.96 14,166,000 22,284,010.00
1.35 0.98 Filinvest Land,Inc. 1.39 1.39 1.36 1.36 (2.16) 28,212,000 (3,002,160.00)
3.80 1.21 Highlands Prime 1.84 1.70 1.66 1.70 (7.61) 28,000
2.14 0.65 Interport À 1.30 1.20 1.17 1.18 (9.23) 109,000 2,340.00
4.50 1.50 Keppel Properties 1.97 2.00 1.98 1.98 0.51 24,000
2.48 1.51 Megaworld Corp. 2.17 2.16 2.13 2.14 (1.38) 175,244,000 196,282,990.00
0.80 0.215 MRC Allied Ind. 0.2000 0.2040 0.2010 0.2010 0.50 5,230,000 (202,370.00)
0.990 0.072 Phil. Estates Corp. 0.6800 0.7000 0.6300 0.6500 (4.41) 604,100 25,720.00
0.71 0.41 Phil. Realty À 0.520 0.520 0.510 0.510 (1.92) 790,000
4.77 1.80 Polar Property Holdings 3.51 3.40 3.40 3.40 (3.13) 12,000
3.34 2.08 Primex Corp. 2.40 2.41 2.41 2.41 0.42 5,000
18.86 10.00 Robinsons Land `B 18.20 18.20 17.84 18.18 (0.11) 1,887,000 24,229,658.00
2.70 1.74 Shang Properties Inc. 2.60 2.60 2.59 2.60 0.00 993,000
9.47 6.50 SM Development À 7.01 7.00 6.97 6.97 (0.57) 1,009,300 956,890.00
18.20 10.90 SM Prime Holdings 16.78 16.72 16.14 16.20 (3.46) 18,384,600 (82,276,874.00)
1.14 0.64 Sta. Lucia Land Inc. 0.74 0.74 0.73 0.73 (1.35) 1,034,000
0.80 0.45 Suntrust Home Dev. Inc. 0.570 0.570 0.560 0.570 0.00 352,000
4.30 2.60 Vista Land & Lifescapes 4.290 4.350 4.200 4.240 (1.17) 2,932,000 (3,496,870.00)
S E R V I C E S
2GO Group 1.90 2.00 1.89 2.00 5.26 32,000
43.00 28.60 ABS-CBN 38.00 38.90 38.10 38.50 1.32 21,700
14.76 1.60 Acesite Hotel 10.80 10.30 9.00 9.78 (9.44) 53,500
0.80 0.45 APC Group, Inc. 0.690 0.690 0.660 0.660 (4.35) 1,649,000
9.30 7.30 Asian Terminals Inc. 9.20 9.25 9.20 9.20 0.00 152,700 881,435.00
0.5300 0.0660 Boulevard Holdings 0.1780 0.1810 0.1750 0.1790 0.56 16,940,000 (110,650.00)
98.15 62.50 Cebu Air Inc. (5J) 70.00 70.30 69.45 69.50 (0.71) 257,430 4,860,728.00
9.70 5.40 DFNN Inc. 7.18 7.20 7.05 7.20 0.28 197,200 (20,880.00)
5.90 1.45 Easy Call Common 3.50 3.20 3.15 3.20 (8.57) 22,000
1750.00 765.00 FEUI 920.00 925.00 919.00 921.00 0.11 70
1172.00 11.70 Globalports 34.00 34.00 33.80 34.00 0.00 1,700
1270.00 825.00 Globe Telecom 1121.00 1121.00 1105.00 1114.00 (0.62) 62,040 (7,638,220.00)
10.34 6.18 GMA Network Inc. 10.06 9.98 9.72 9.97 (0.89) 407,600
69.00 43.40 I.C.T.S.I. 74.00 74.40 73.95 74.05 0.07 4,318,000 35,893,387.00
0.98 0.34 Information Capital Tech. 0.445 0.445 0.440 0.440 (1.12) 290,000 88,000.00
4.29 2.20 IP Converge 3.14 3.29 3.15 3.19 1.59 757,000
34.50 0.123 IP E-Game Ventures Inc. 0.058 0.080 0.056 0.074 27.59 604,050,000 (443,290.00)
3.87 1.16 IPVG Corp. 1.15 1.16 1.13 1.14 (0.87) 902,000 (619,510.00)
0.0760 0.040 Island Info 0.0570 0.0560 0.0530 0.0560 (1.75) 1,410,000 55,000.00
5.1900 2.900 ISM Communications 3.0700 3.0600 2.9800 3.0000 (2.28) 914,000
3.79 1.58 JTH Davies Holdings Inc. 2.45 2.33 2.33 2.33 (4.90) 3,000
11.68 5.90 Leisure & Resorts 7.20 7.20 7.00 7.00 (2.78) 2,569,900 (248,500.00)
4.28 2.65 Liberty Telecom 2.82 2.81 2.75 2.80 (0.71) 198,000
3.96 2.70 Macroasia Corp. 3.00 3.00 3.00 3.00 0.00 100,000 (12,000.00)
3.00 1.00 Manila Jockey 1.50 1.56 1.49 1.53 2.00 7,210,000 525,960.00
9.60 6.50 Metro Pacic Tollways 7.88 6.80 6.80 6.80 (13.71) 200
21.00 17.20 Pacic Online Sys. Corp. 21.00 21.00 21.00 21.00 0.00 40,400
8.58 4.50 PAL Holdings Inc. 7.51 7.50 7.40 7.48 (0.40) 155,800
3.32 1.05 Paxys Inc. 2.70 2.70 2.39 2.51 (7.04) 3,380,000 (2,277,290.00)
10.00 4.60 Phil. Racing Club 9.00 9.20 9.00 9.00 0.00 31,800 68,400.00
60.00 17.02 Phil. Seven Corp. 44.00 44.00 444.00 44.00 0.00 700 30,800.00
17.18 14.50 Philweb.Com Inc. 17.62 17.62 17.24 17.50 (0.68) 204,200 (106,600.00)
6.90 3.80 PLDT Comm & Energy 4.10 4.09 4.08 4.08 (0.49) 22,000
2886.00 2096.00 PLDT Common 2566.00 2566.00 2548.00 2552.00 (0.55) 111,965 (34,358,430.00)
23.75 10.68 Puregold 24.75 24.70 23.65 23.85 (3.64) 3,234,300 (8,416,285.00)
Touch Solutions 3.79 3.53 3.53 3.53 (6.86) 1,000
0.79 0.26 Waterfront Phils. 0.520 0.530 0.500 0.500 (3.85) 1,404,000 5,000.00
MINING & OIL
0.0083 0.0036 Abra Mining 0.0053 0.0053 0.0052 0.0053 0.00 92,000,000
6.20 3.01 Apex À 5.20 5.12 5.10 5.10 (1.92) 252,600
6.22 3.00 Apex `B 5.35 5.18 5.05 5.05 (5.61) 465,500 (2,013,575.00)
25.20 14.50 Atlas Cons. À 19.00 19.00 18.60 18.68 (1.68) 1,628,100 (1,234,300.00)
31.00 20.00 Atok-Big Wedge À 30.00 30.00 28.00 28.00 (6.67) 1,400
0.380 0.148 Basic Energy Corp. 0.290 0.290 0.280 0.280 (3.45) 12,060,000 280,000.00
30.35 15.00 Benguet Corp À 26.00 28.50 26.00 27.00 3.85 136,700
34.00 14.50 Benguet Corp `B 28.50 30.50 28.30 30.35 6.49 247,900 (980.00)
2.51 1.62 Century Peak Metals Hldgs 1.71 1.75 1.67 1.67 (2.34) 4,983,000
50.85 4.35 Dizon 54.00 54.00 47.80 48.50 (10.19) 1,666,900 (4,315,022.50)
1.21 0.50 Geograce Res. Phil. Inc. 0.87 0.86 0.84 0.85 (2.30) 20,090,000 (81,120.00)
1.82 0.5900 Lepanto À 1.410 1.420 1.340 1.350 (4.26) 65,779,000
2.070 0.6700 Lepanto `B 1.510 1.510 1.430 1.440 (4.64) 23,947,000 (3,610,530.00)
0.085 0.035 Manila Mining À 0.0710 0.0710 0.0670 0.0680 (4.23) 534,070,000
0.087 0.035 Manila Mining `B 0.0720 0.0720 0.0670 0.0670 (6.94) 335,590,000 725,600.00
34.80 15.04 Nickelasia 34.20 34.50 32.15 32.80 (4.09) 738,800 1,244,185.00
12.76 2.08 Nihao Mineral Resources 10.80 11.00 9.97 10.12 (6.30) 6,875,200 (8,795,348.00)
8.40 2.12 Oriental Peninsula Res. 6.900 6.870 6.620 6.740 (2.32) 5,103,300 60,340.00
0.032 0.012 Oriental Pet. À 0.0220 0.0220 0.0210 0.0210 (4.55) 38,200,000
0.033 0.013 Oriental Pet. `B 0.0220 0.0220 0.0220 0.0220 0.00 31,900,000 (66,000.00)
7.14 5.10 Petroenergy Res. Corp. 6.40 6.40 6.40 6.40 0.00 9,000
28.95 17.08 Philex À 25.00 25.00 24.25 24.50 (2.00) 3,869,300 13,535,565.00
14.18 3.00 PhilexPetroleum 25.90 27.80 24.00 27.15 4.83 1,923,300 5,414,900.00
0.058 0.013 Philodrill Corp. À 0.055 0.054 0.051 0.051 (7.27) 1,705,360,000 (24,976,690.00)
252.00 161.10 Semirara Corp. 253.00 253.00 251.40 251.80 (0.47) 113,060 (5,142,136.00)
0.029 0.013 United Paragon 0.0210 0.0210 0.0200 0.0200 (4.76) 105,500,000
PREFERRED
11.02 6.00 GMA Holdings Inc. 10.00 9.96 9.70 9.90 (1.00) 1,230,100 (506,900.00)
116.70 106.20 PCOR-Preferred 115.40 115.20 115.20 115.20 (0.17) 30
80.00 74.50 SMC Preferred 1 76.00 76.00 76.00 76.00 0.00 3,500
1050.00 990.00 SMPFC Preferred 1030.00 1034.00 1034.00 1034.00 0.39 2,900
WARRANTS & BONDS
0.210 0.00 Omico Corp. Warrant 0.0990 0.0600 0.0600 0.0600 (39.39) 250,000
TRADI NG SUMMARY
SHARES VALUE
FINANCIAL 159,386,431 4,001,826,168.9
INDUSTRIAL 112,570,493 810,236,891.95
HOLDING FIRMS 90,816,937 1,376,906,913.41
PROPERTY 312,712,577 1,012,207,774.75
SERVICES 655,648,282 964,129,871.63
MINING & OIL 2,992,830,713 740,029,903.92
GRAND TOTAL 4,323,955,433 8,905,391,524.5646
FINANCIAL 1,274.83 (down) 28.89
INDUSTRIAL 7,890.16 (down) 59.92
HOLDING FIRMS 4,546.16 (down) 74.98
PROPERTY 1,942.31 (down) 26.37
SERVICES 1,724.83 (down) 8.19
MINING & OIL 25,668.96 (down) 806.41
PSEI 5,229.53 (down) 68.02
All Shares Index 3,454.75 (down) 45.91
Gainers: 36; Losers: 136; Unchanged: 31; Total: 203
CHIN WONG
DIGITAL LIFE
PNOC Exploration appoints UBS
I RECENTLY had the misfortune of trying to
access Gmail over a slow Globe Tattoo connection.
It was sheer torture to watch the progress bar crawl
erratically toward completion, only to have Gmail
choke and cough up an error message that told me
what had become painfully obvious: my page was
taking too long to load.
Google suggested that I try reloading the page
(did not work) or use the basic HTML version (ugly,
with limited features). Annoyed by the constant
struggle simply to log into Gmail, I looked for
ways to speed it up without resorting to the HTML
version, which still feels awfully slow because of
the way it refreshes the screen.
Fortunately, there are a lot of speed-up tips
online. Some of them work better than others, and
some of the advice is outdated because Google
keeps updating the way Gmail works. Here are
some that seem to help.
1. Disable chat in Gmail. I put this as my top
suggestion because Ive noticed that Gmail often
slows down when it tries to load the chat features.
Some Web sites talk of a link at the bottom of the
Gmail page that allows you to do this, but this
advice is outdated and the link is gone. To turn chat
off, go to Settings in the drop-down menu under the
gear icon. Click on the Chat tab and choose Chat
off. Dont forget to scroll down to the bottom of
the page and save changes. Ive found that this
really speeds up Gmail. If you really need the chat
feature, consider running a separate messaging
application such as Pidgin (Linux and Windows) or
Adium (Mac). These will allow you to set up and
use multiple instant messaging accounts, including
Google Talk, without slowing down Gmail.
2. Tur n off Gmail Labs features. These extra
services slow down Gmail. To turn them off, go to
Settings and click on the Labs link and disable any
features you dont need.
3. Use the no-browser check link. This is an
old tip that still seems to work. Stop Gmail from
checking what browser youre using by adding the
?nocheckbrowser argument to the URL. On my
browser, my shortcut to Gmail reads: http://mail.
google.com/gmail?nocheckbrowser
4. Show fewer messages per page. In the General
tab of the Settings menu, choose a low number for
the Maximum Page Size. I use 25 conversations
per page.
5. Delete unwanted messages. Clean out your
inbox from time to time by archiving what you
want to keep and deleting the rest. This way, Gmail
doesnt waste time loading up old junk mail.
6. Clear your cache. Sometimes, clearing your
browsers cache seems to help Gmail get unstuck.
This doesnt always work, but there is no harm in
doing it.
7. Disable some browser extensions. While
extensions can enhance the way your browser
works, they can also slow itand Gmaildown.
Try disabling or removing extensions that you no
longer need to speed things up a bit.
8. Use a different e-mail progr am to access
your Gmail. This tip is a little more involved, since
it requires software installation and some initial
setup. You can use Outlook on Windows or Mail
on the Mac, or you can use a free, multi-platform
e-mail client such as Mozilla Thunderbird. In
Gmail settings, enable IMAP (Internet message
access protocol) of POP (Post ofce protocol). I
prefer to use IMAP because it keeps your messages
intact on Googles server and actions you take on
your e-mail client will also appear in Gmail. This
all happens automatically once you set up IMAP, so
you dont have to read or sort all your mail twice.
One disadvantage of this approach: search doesnt
work quite as fast as it does on Gmails browser
client. Also, this isnt a suitable solution if youre at
an Internet cafe or using somebody elses computer
to access your mail.
9. Go HTML. If none of these suggestions help,
then by all means switch to the ugly HTML version
of Gmail (http://mail.google.com/mail/?ui=html).
Youll have fewer features (no contacts
autocomplete) and youll need to manually refresh
your inbox to check mail, but you will eventually
get your messages.
10. Go mobile. An even more stripped-down
version of Gmail is its mobile page (http://m.gmail.
com), which is designed for phones. It will load,
however, on any browser. The results arent pretty,
but youll be able to read your mail quickly.
Column archives and blog at:
http://www.chinwong.com
STOCKS fell Monday, as investors
engaged in prot-taking amid concerns
over election results in Greece and
France that heightened uncertainty about
Europes ability to solve its debt crisis.
The Philippine Stock Exchange
index, the 30-company benchmark,
shed 68 points, or 1.3 percent,
to close at 5,229.53. It was the
sharpest loss since Feb. 27.
The heavier index representing
all shares also tumbled 45 points,
or 1.3 percent, to 3,454, as losers
outnumbered gainers, 136 to 36,
with 31 issues unchanged.
All six counters ended in the
red, with mining and oil suffering
the biggest loss of 3.1 percent,
followed by nancials with 2.2
percent and holding rms with
1.6 percent.
East West Banking Corp. was
an exception, as its price rose 7.4
percent on its debut to P19.78. The
bank sold 245 million shares at
P18.50 in an initial public offering
last month. The bank plans to have
350 branches by 2014 from 150 at
present, bank president Antonio
Moncupa said. The lender also
expects loan growth of at least 20
percent this year.
Benguet Corp. Class B shares,
which have no ownership
restrictions, surged 6.5 percent
to P30.35, the highest close since
March 29. Its Class A shares,
which are reserved for Filipinos,
climbed 3.9 percent to P27, the
highest close since March 27.
RYM Business Management
Corp. agreed to acquire 13.24
million shares of the company, a
stock exchange ling showed.
Alsons Consolidated Resources
Inc. slid 2.1 percent to P1.38, the
steepest drop since April 16. The
company said rst-quarter net
income declined to P91.5 million
from P165.5 million a year ago.
Meanwhile, Asian stock markets
also dropped, as signs of a faltering
economic recovery in the US
compounded the dour mood while
oil slid to nearly $97 a barrel.
Japans Nikkei 225 index
plunged 2.7 percent to 9,127.39
after earlier hitting a three-month,
intraday low amid a rising yen.
Hong Kongs Hang Seng slid 2.4
percent to 20,583.14.
Weekend election results in
Greece sent tremors throughout
Europe as voters punished the
parties responsible for highly
unpopular austerity measures
instituted to prevent the country
from defaulting on its massive
debts and exiting the euro currency
bloc. With Bloomberg, AP
PNOC Exploration Corp.,
the oil and gas unit of state-
owned Philippine National
Oil Co., has appointed UBS
AG of Switzerland as nancial
advisor, sole underwriter and
global coordinator on the local
companys additional public
offering set within the year.
PNOC Exploration disclosed
to the Philippine Stock Exchange
the board approved the selection
of Union Bank of Switzerland on
Monday.
PNOC Exploration has a
current public oat of 0.21
percent, or 4.47 million shares.
The company plans to sell 9.79
percent of the total shares, or
217.76 million shares, in order
to comply with the 10-percent
minimum public ownership rule
of the PSE.
PNOC Exploration plans to
sell primary shares to the public.
The due diligence and
valuation process by UBS AG
is estimated to take two months,
after which PNOC EC will
request the PSE and the SEC to
approve selling of the primary
shares, the company said.
PNOC Exploration said it
planned to sell the shares before
the Dec. 31 deadline set by the
PSE on the minimum public
oat.
We would like to assure
everyone that the best conditions
will be obtained for the offering
so that our company will get the
best and highest price possible
in the global market, PNOC
Exploration chairman and chief
executive Gemiliano Lopez Jr.
said earlier.
Lopez wants PNOC
Exploration to follow the rules
of the PSE and comply with the
listing requirement.
We will follow the law to
the letter. We are a government
institution. We should set an
example, he said.
PNOC Exploration approved
an investment of around P20
billion for oil and gas, and coal
exploration in the next ve years.
The company approved an
investment plan between 2012
and 2016 to explore, develop and
market oil, gas and coal deposits
in the Philippines.
PNOC Exploration holds a 10-
percent stake in the Malampaya
gas-to-power project in northwest
Palawan.
BDO Elite Savings Bank, Inc.
(Formerly: GE Money Bank)
11/F Net Cube Centre, Crescent Parkwest,
30th Street corner 3rd Avenue, Bonifacio Global City, Taguig
BALANCE SHEET
(Head Offce Branch)
As of March 31, 2012
TB PBS

Republic of the Philippines)
Makati City

We solemnly swear that all matters set forth in this report are true and correct to the best of our
knowledge and beliefs.

(Sgd.) ROSANO B. MARPURI
SAVP-Controller/Treasurer

SUBSCRBED AND SWORN TO BEFORE ME this 20th day of April 2012 at Makati City, affant
exhibiting to me his Community Tax Certifcate No. 02439959 issued at Manila on March 7, 2012
and Driver's License No. NO-1-88-076932 Expiry Date April 10, 2014.

Atty. JACLYN B. GONZALES
Doc. No. 6 Notary Public for Makati City, Philippines
Page No. 3 until 31 December 2013
Book No. Appointment No. M-352
Series of 2012 14/F BDO North Tower, BDO Corporate Center
7899 Makati Avenue, Makati City
Roll No. 54168
BP No. 877973, 1/4/2012, Makati City
PTR No. 3181670, 1/5/2012, Makati City
MCLE Compliance No. --0007019, 03/30/2010
BDO EIite Savings Bank, Inc.
(Formerly: GE Money Bank)
BALANCE SHEET
(Head Office Branch)
Amount
ASSETS
Cash and Cash tems 0.00
1,421,297,444.11
Due from Other Banks 100,000.00
Financial Assets at Fair Value through Profit or Loss 0.00
Available-for-Sale Financial Assets-Net 4,958,816.29
Held-to-Maturity (HTM) Financial Assets-Net 0.00
Unquoted Debt Securities Classified as Loans-Net 0.00
nvestments in Non-Marketable Equity Security-Net 0.00
Loans and Receivables 0.00 BOARD OF DIRECTORS
0.00 AND SENIOR OFFICERS
nterbank Loans Receivable 0.00
Loans and Receivables - Others 0.00
Loans and Receivables Arising from RA/CA/PR/SLB 0.00 Chairman
General Loan Loss Provision 0.00
Other Financial Assets 1,230,194.44
Equity nvestment in Subsidiaries, Associates and Joint Ventures-Net 0.00 Director
Bank Premises, Furniture, Fixture and Equipment-Net 0.00
Real and Other Properties Acquired-Net 0.00 Lucy Co Dy
Non-Current Assets Held for Sale 0.00 Director
Other Assets-Net 93,317,372.04
Net Due from Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00
TOTAL ASSETS 1,520,903,826.88 Director
L I A B I L I T I E S
Financial Liabilities at Fair Value through Profit or Loss 0.00
Deposit Liabilities 0.00 Director
Due to Other Banks 0.00
Bills Payable 0.00
0.00 ndependent Director
b) nterbank Loans Payable 0.00
c) Other Deposit Substitute 0.00Ma. Leonora V. De Jesus
d) Others 0.00 ndependent Director
Bonds Payable-Net 0.00
Unsecured Subordinated Debt-Net 0.00 Salvador R. Serrano
Redeemable Preferred Shares 0.00 Officer in Charge
Special Time Deposit 0.00
0.00
Other Financial Liabilities 2,783,595.70
Other Liabilities 704,783.13
Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00
TOTAL LIABILITIES 3,488,378.83
StockhoIders' Equity
Capital Stock 4,720,841,468.29
Other Capital Accounts 9,857,885.89
Retained Earnings (3,213,283,906.13)
Assigned Capital 0.00
TOTAL STOCKHOLDERS' EQUITY 1,517,415,448.05
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,520,903,826.88 ###
CONTINGENT ACCOUNTS
Guarantees ssued 0.00
Financial Standby Letters of Credit 0.00
Performance Standby Letters of Credit 0.00
Commercial Letters of Credit 0.00
Trade Related Guarantees 0.00
Commitments 0.00
Spot Foreign Exchange Contracts 0.00
Securities Held Under Custodianship by Bank Proper 0.00
Trust Department Accounts 0.00
a) Trust and Other Fiduciary Accounts 0.00
b) Agency Accounts 0.00
c) Advisory/Consultancy 0.00
Derivatives 0.00
Others 0.00
TOTAL CONTINGENT ACCOUNTS 0.00
ADDITIONAL INFORMATION
0.00
Ratio of Non-Performing Loans to Total Loan Portfolio (NPL to TLP) 0.00%
Classified Loans & Other Risk Assets 0.00
Specific provision for loan losses 0.00
Return on Equity (ROE) 2.62%
DOSR loans and receivables 0.00
Past due DOSR loans and receivables 0.00
Ratio of Past due DOSR loans and receivables to TLP 0.00
Compliance with Magna Carta - 6% for Small Enterprises 0.00
a. 8% Micro/Small Enterprises 0.00%
b. 2% for Medium Enterprises 0.00%
0.00
a. Total CAR 1542.48%
b. Tier 1 CAR 1542.48%
Deferred Charges not yet Written Down 0.00%
Unbooked Allowance for Probable Losses on Financial nstruments Received 0.00%
TB PBS
Republic of the Philippines)
We solemnly swear that all matters set forth in this report are true and correct to the best of our
knowledge and beliefs.
Driver's License No. NO-1-88-076932 Expiry Date April 10, 2014.
Doc. No. 6
Page No. 3 until 31 December 2013
Book No. Appointment No. M-352
Series of 2012 14/F BDO North Tower, BDO Corporate Center
Roll No. 54168
MCLE Compliance No. --0007019, 03/30/2010
11/F Net Cube Centre, Crescent Parkwest,
30th Street corner 3rd Avenue, Bonifacio Global City, Taguig
Due from Bangko Sentral ng Pilipinas
Loans to Bangko Sentral ng Pilipinas
Walter C. Wassmer
Jaime C. Yu
Rolando C. Tanchanco
Pedro M. Florescio
Teodoro B. Montecillo
a) BSP (Rediscounting and Other Advances)
Due to Bangko Sentral ng Pilipinas
Non-Performing Loans (NPLs)
Capital Adequacy Ratio (CAR) on Solo Basis, under Cir No. 538 of Cir No 280, as
applicable
Makati City
ROSANO B. MARPURI (sgd)
SAVP-Controller/Treasurer
SUBSCRBED AND SWORN TO BEFORE ME this 20th day of April 2012 at Makati City,
affiant exhibiting to me his Community Tax Certificate No. 02439959 issued at Manila on March 7, 2012 and
Atty. JACLYN B. GONZALES (sgd)
Notary Public for Makati City, Philippines
7899 Makati Avenue, Makati City
BP No. 877973, 1/4/2012, Makati City
PTR No. 3181670, 1/5/2012, Makati City
16th to 19th Floors, Fort Legend Towers
31st Street corner 3rd Avenue, Bonifacio Global City, Taguig City, 1634
St at ement of Condi t i on
(Head Offce and Branches)
A S S E T S AMOUNTS

Cash and Cash tems Php 274,427,777.82
Due from Bangko Sentral ng Pilipinas (BSP) 1,720,099,865.53
Due from Other Banks 1,427,091,023.57
Financial Assets at Fair Value through Proft or Loss 2,114,106,880.50
Available-for-Sale Financial Assets-Net 932,359,366.07
Held-to-Maturity (HTM) Financial Assets-Net 267,018,804.35
Unquoted Debt Securities Classifed as Loans-Net 696,584,787.37
nvestments in Non-Marketable Equity Security-Net 12,440,816.63
Loans and Receivables - Net 12,509,747,028.48
nterbank Loans Receivable 378,980,000.00
Loans and Receivables - Others 12,312,189,728.53
General Loan Loss Provision 181,422,700.05
Other Financial Assets 119,100,064.98
Equity nvestment in Subsidiaries, Associates & Joint Ventures-Net 20,000,099.13
Bank Premises, Furniture, Fixture and Equipment-Net 375,988,003.07
Real and Other Properties Acquired-Net 3,452,828.41
Other Assets-Net 919,435,918.92

TOTAL ASSETS Php 21,391,853,264.83

L I A B I L I T I E S

Financial Liabilities at Fair Value through Proft or Loss Php 543,560.34
Deposit Liabilities 12,919,232,951.14
Bills Payable 1,158,840,000.00
a) nterbank Loans Payable 1,158,840,000.00
Due to Bangko Sentral ng Pilipinas 1,982,533.84
Other Financial Liabilities 131,620,733.03
Other Liabilities 1,103,851,773.50
TOTAL LIABILITIES Php 15,316,071,551.85
STOCKHOLDERS EQUITY

Capital Stock Php 2,533,200,985.17
Other Capital Accounts 108,646,905.24
Retained Earnings 3,433,933,822.57

TOTAL STOCKHOLDERS EQUITY Php 6,075,781,712.98

TOTAL LIABILITIES AND STOCKHOLDERS EQUITY Php 21,391,853,264.83

CONTINGENT ACCOUNTS

Performance Standby Letters of Credit Php 270,238,643.02
Commercial Letters of Credit 247,466,020.97
Spot Foreign Exchange Contracts 7,020,845,431.70
Trust Department Accounts 5,236,819,501.93
a) Trust and Other Fiduciary Accounts 361,745,544.44
b) Agency Accounts 4,875,073,957.49
Derivatives 1,072,114,223.35
Others 416,917,519.56

TOTAL CONTINGENT ACCOUNTS Php 14,264,401,340.53

ADDITIONAL INFORMATION

Non-Performing Loans (NPLs) Php 357,060,889.15
Ratio of Non-Performing Loans to Total Loan Portfolio 2.77%
Classifed Loans & Other Risk Assets Php 126,415,493.33
Specifc provision for loan losses Php 197,621,724.30
Return on Equity (ROE) 6.40%
DOSR loans and receivables Php 18,400,571.63
Past due DOSR loans and receivables Php 35,694.90
Compliance with Magna Carta Law
a. 8% Small Enterprises 5.53%
b. 2% for Medium Enterprises 5.65%
Capital Adequacy Ratio (CAR) on Solo Basis, under Cir. No. 538 or
Cir. No. 280, as applicable
a. Total CAR 30.34%
b. Tier 1 CAR 29.67%

REPUBLIC OF THE PHILIPPINES )
MAKATI CITY ) S.S.

/WE, MARK CHEN and ANDRE P. PAYAWAL of the abovementioned Bank, do solemnly
swear that all matters set forth in the above statement of condition are true and correct to the best
of my/our knowledge and belief.

(Sgd.) ANDRE P. PAYAWAL (Sgd.) MARK CHEN
Chief Finance Ofcer, FVP President and CEO
(Signature Over Printed Name) (Signature Over Printed Name)

SUBSCRBED AND SWORN to before me this MAY 02 2012 affants exhibiting to me his/their
TN No. 150-031-779-000 and 263-636-675-000.
(Sgd.) ATTY. MARY ANGELINE S. TOL
NOTARY PUBLC FOR TAGUG CTY
UNTL DECEMBER 31, 2013
Doc No. 392; 16/F, Fort Legend Towers, 3rd Ave. corner 31st St.
Book No. ; Bonifacio Global City, Taguig City
Page No. 80; APPT NO. 71 / ROLL NO. 51630
Series of 2012 PTR NO. A-1448675/01-05-12/TAGUG CTY
BP NO. 879960 / 01-08-12 / CAVTE

Business
ManilaStandardToday extrastory2000@gmail.com MAY 8, 2012 TUESDAY
B3
Hyundai wooed to put up PH plant
EastWests stocks rise 7% on trade debut Semirara expects 12
prot to climb to P7b
International reserves
decline slightly to $76b
By Julito G. Rada
THE Board of Investments will ask top
Korean car manufacturer Hyundai Motor
Co. to obtain parts and components
from the Philippines for its automotive
assembly in South Korea and put up
a local factory, a high-ranking Trade
Department ofcial said Monday.
It will be one of the highlights
of our marketing activities
in South Korea this coming
May 15, Trade
Under s ecr et ar y
Cristino Panlilio
said at the sidelines
of a Trade event
in Makati. He said
Hyundai was on
top of the list of
Korean companies
that the BoI would
talk to during the
visit.
We will invite
them to buy local
car parts for
their assembly. The assembled
vehicles could be brought back
in the Philippines in the form of
a CBU [completely-built units],
Panlilio said.
He said Korean cars had bright
prospects in the Philippines,
with Hyundai Asia Resources
Inc., which imports
and distributes
Hyundai vehicles
here, as one of the
top car companies
in the country
today.
Aside from
inviting Hyundai,
we are also eyeing
other shipping
companies there,
apart from Hanjin,
Panlilio said of
the marketing
promotion activity.
Panlilio also said the agency
would continue to invite Korean
electronics companies to set up
shop in the country.
First quarter data from the BoI
showed the Koreans were among
the top 10 foreign investors
in the country after Thailand,
Japan, China, Italy, US, Taiwan,
Kuwait and Australia.
Panlilio said the agency would
also conduct marketing missions
in Malaysia on May 29.
We are eyeing Malaysian
companies that could partipate
in the public-private partnership
projects of the government,
he said. He cited MTD
Construction of Malaysia,
which was responsible for the
recent rehabilitation of the
South Luzon Expressway.
He said MTD was a good
example of a foreign rm that
participated in [an infrastructure]
undertaking of the government
and successfully executed the
project.
Panlilio also said the
country must strengthen the
manufacturing sector to create
more employments.
Asian Development Bank
president Haruhiko Kuroda said
in the banks annual meeting
last week the Phjilippines
must focus on manufacturing,
and not just business process
outsourcing and electronics, to
create more jobs and achieve
domestic growth.
SEMIRARA Mining Corp., the
countrys largest coal producer,
is looking at prots of P7 billion
this year from P6 billion in 2011
due to increased revenues.
Semirara chief executive
Isidro Consunji told reporters at
the sidelines of the stockholders
meeting Monday that revenues
this year could reach P28 billion
to P29 billion, higher than last
years P25.81 billion.
He said the companys
power business was expected
to contribute P11 billion to
Semiraras revenues while coal
operations would account for
P18 billion.
Consunji said the company is
pursuing the expansion of the
Calaca coal-red power plant
in Batangas by an additional
300 megawatts. He said the
expansion would be completed
in the next 30 to 36 months.
[The 300 MW plant] is
supposed to run 210 to 220 MW
with Semirara coal, he said.
Consunji said the company had
already received an environmental
clearance certicate to expand the
plant by up to 600 MW and that
the company had secured funding
for the rst 300 MW.
We dont know who will be
our partner [for the expansion].
It can be Meralco, Marubeni,
Ayala, Consunji said.
Semirara expects next month
to begin testing the units of the
existing Calaca power plant that
went under rehabilitation in the
past several months.
Consunji said Manila Electric
Co. has agreed to purchase the
additonal capacity from the
Calaca plant expansion.
The Calaca plant was running at
only slightly over 300 MW when
the Consunji Group acquired the
plant from the government.
Consunji said they are still
negotiating for the supply
agreement of the Calaca plant
expansion.
We want to get the offtake for
the expansion before we invest
again. If we can get the offtaker
for the expansion, the corporate
guarantee of Semirara is removed
so we can do it again, Consunji
said.
Semirara expects coal
production this year to reach
seven million metric tons with
exports falling due to the power
plant expansion.
Exports will gradually decline.
When we start the expansion,
exports will be almost zero. We
want to create more value with
the same production. If we sell
power locally instead of export,
we get more value, Consunji
said. The expansion can use
the waste coal because we are
throwing about half a million
tons per year of waste coal.
Semiraras Antique deposits
is the biggest in the country,
producing about 7.19 million
metric tons in 2011.
THE gross international reserves
fell for the third straight month in
April, as the government settled
some of its maturing foreign debt
and gold prices declined.
Bangko Sentral said reserves
amounted to $76 billion in April,
down by $100 million from
the end-March level of $76.1
billion.
Maturing foreign exchange
obligations of the national
government as well as revaluation
losses on the Bangko Sentrals
gold holdings on account of the
decline in the price of gold in the
international market reduced the
reserve level during the month,
Bangko Sentral Governor
Amando Tetangco Jr. said in a
statement.
It was the third month the
foreign exchange reserves fell
since hitting a record high of
$77.4 billion in January. The
reserves declined to $77 billion
in February and $76.1 billion in
March.
The reserves, however, still
showed a growth of 11 percent
from $68.5 billion recorded in
April 2011.
Tetangco said the end-April
2012 remained adequate to
service the countrys foreign
currency requirements. It could
cover 11.4 months worth of
imports of goods and payments
of services and income, he
said.
It is also equivalent to 10.8
times the countrys short-term
external debt based on original
maturity and 6.4 times based
on residual maturity, he
added.
Residual maturity refers to
adequacy of reserves to cover
outstanding short-term debt
based on original maturity plus
principal payments on medium-
and long-term loans of the
government and private sector
which were falling due in the
next 12 months.
Net international reserves,
which include revaluation of
reserve assets, also fell by $100
million to $76 billion as of end-
April 2012 from the end-March
level of $76.1 billion.
The countrys strong reserves
and external payments position
enabled the country to increase
its commitment to the Chiang
Mai Initiative from $4.5 billion
to $9 billion.
Elaine Ramos Alanguilan
By Elaine R. Alanguilan
EAST West Banking Corp., the
banking unit of the Gotianun
group, closed nearly 7 percent
higher than its listing price when
it made its debut at the stock
market Monday.
The bank listed 245 million
shares in the stock exchange at
P18.50 per share to raise P5.2
billion, proceeds of which would
be used to bankroll the expansion
of its branch network nationwide.
EastWest Bank president
Antonio Moncupa Jr. said the
bank should be able to secure its
universal banking license soon,
following the listing.
Getting listed at the local
bourse is a requirement for the
bank to upgrade its status from
that of a commercial bank to a
universal bank.
Moncupa said the Bangko
Sentral had approved the banks
application for a universal bank
license as early as 2010.
Our intention is to remain
a consumer and mid-market
focused bank, Moncupa said,
adding the bank would pursue
investment banking as soon as it
gets its unibank license.
The banks shares hit an intra-
day high of P20.70 in early trade,
before losing steam to end at
P19.78 at the close of trading,
or P1.28 higher than its initial
public offering price of P18.50.
Some 39.8 million shares
changed hands for P799.5 million.
EastWest Bank chairman
Jonathan Gotianun said the
IPO is aimed at raising growth
capital... to be able to serve more
communities, more customers.
He said bulk of the IPO proceeds
would nance additional branch
outlay nationwide.
EastWest plans to add 100 more
branches this year and another
100 branches next year, on top of
the existing 150 branches.
East West Banking Corp., the banking arm of the Filinvest Group, became the rst bank to list in the
stock exchange in eight years, after its stocks began trading on Monday. Shown (from left) are Bangko
Sentral Governor Amando Tetangco Jr., EastWest Bank director Mercedes Gotianun, chairman Jonathan
Gotianun, chairman emeritus Andrew Gotianun Sr., president and chief executive Antonio Moncupa Jr.
and PSE chairman Jose Pardo. TEDDY PELAEZ
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
Bonifacio Drive, Port Area, Manila
(MST-May 8, 2012)
1. The Government of the Republic of the Philippines through the Department of Public Works
and Highways has received a loan from the Asian Development Bank (ADB) to cover
the cost in the implementation of the Road Improvement and Institutional Developrnent
Project (RIIDP) and intends to apply part of the proceeds of this loan to payment for the
Detailed Engineering Design and Tendering of Additional Projects under RIIDP and Asset
Preservatlon (AP) and Road mprovement (R) projects for future fnancing by the Asian
Development Bank.
2. The Department of Public Works and Highways is requesting Expressions of Interest (EOI)
for:
Project Consultancy Services for the Detailed Engineering Design and Tendering
of Additional Projects (AP) Under Road Improvement and Institutional
Development Project (RIIDP) and Asset Preservatlon (AP) and Road
Improvement (RI) Projects for Future Financing by the Asian Development
Bank (ADB)
A) Additional Projects under RIIDP
1. Road Improvement/Rehabilitation
a. Contract Package IV, Visayas Area
I. Lot 2. 1a Dumaguete North Road (Manjuyod-La Libertad Road), 45.482
km .
ii. Lot 2. 1b Dumaguete North Road (Manjuyod-La Valleherrnoso Road),
39.756 krn
2. Asset Preservation
a. Contract Package V, Mindanao Area
i. Lot 5.1 Butuan-Cagayan de Oro City-Iligan Road, Agusan del Norte
(16.421 km)
B) For Future Financing by ADB
1. Asset Preservation Projects

a) Bigaa-Plaridel via Bulacan and Malalos Road, Bulacan (22.10 km)
b) Siquijor-Circumferential Road, Siquijor (72.50 km)
c) Sindangan-Llloy Road, Zamboanga del Norte (28.00 km)
d) Daang Maharlika Road (Sta. Elena-Daet-Pambuhan Road), Camarines Sur
(123.90 km)
e) Dipolog-Sindangan-Llloy Road, Zamboanga del Norte (82.10 km)
f) Famy-lnfanta-Dinahican Port Road, Quezon (37.10 km)
2. Road Improvement Projects
a) Bagac-Marlveles Road, Bataan (32.50 km)
b) Bacolod Circumferential Road, Negros Occidental (17.79 km)
c) Caticlan-aay- Libertad-Nabas Road, Aklan (22.94 km)
d) Villaba-Tabango-Calubian Road, Leyte (58.55 km)
e) Loay Interior Road, Loay-Carmen-Trinidad Road and Jct Dat-am-Pilar-
Alicia Road, Bohol (66.90 km)
f) Bacolod-Murcia DS-Benedicto-San Carlos City, Negros Occidental
(77,31 km)
g) San Carlos-Dumaguete Road, Negros Occidental and Negros Orlental
(125.79 km)
h) Mindanao East-West Lateral (Sta. Filomena-Ticlaan Section), Iligan and
Bukidnon (79.55 km)
Scope of Services
Detailed engineering deslgn and tendering for the aforernentioned road sections
which shall include preliminary survey, right-of-way survey and preparation of
parcellary survey plans, geological and geotechnical investigations traffc study,
bridge and pavement evaluation and design, hydrological investigations, safety
audit, value engineering studies, gender consideration, perform environmental
and social mitigation measures, preparation of resettlement actions plans,
contract packaging, preparation of plans, estimates and bidding documents, post-
qualifcation criteria, and tendering assistance. DPWH shall also require Consultant
to render other services which are deemed necessary to the projects,
3. Interested Consultants should register with ADB Consultant Management System (CMS)
and visit the ADBs Website (http://www.adb.og/Consulting/tooIklt-template.asp) and
accomplish the privided EOI forns and other required Information and upload to ADB CMS
on or bebre 06 June 2012 until 12:00 midnight. In addition, submit two hard copies in one
original and one copy to the Central Procurement Offce, BAC for Consultancy Services,
Rm, 502-B, 5
th
Floor, DPWH Building, Bonifacio Drive, Port Area, Manila, on or before 06
June 2012, 8:00 A.M.-5:00 P.M. Relevant information pertaining to the services will be
available to the ADB CMS.
4. The BAC shall draw up the shortlist of consultants from those who have uploaded the
Expression of Interest and Forms on the prescribed deadline to ADB CMS. The shortlist
shall consist of six (6) prospective bidders who will be entitled to submit bids, The
evaluation criteria and rating system for shortlisting are as follows:
Eligibility of the Consulting Entity (Pass or Fall)
Management Competence (.20%)
Technical competence (60%)
Geographical Competence (20%)
5. To ensure a wide geographic spread for projects requiring International consulting input,
the short list should contain frms horn a broad range of ADB member countries. Short list
should not include more then two frms from any one country, and adequate justifcation
should be given if two frms are proposed. n addition, there should be at least one frm
from Developing Member Country (DMC), unless no qualifed DMC frm has expressed
interest or one cannot be identifed from the CMS.
6. The contract shall be completed within 25.5 months.
7. The Department of Public Works and Highways reserves the right to reject any all bids,
annul the bidding process, or not award the contract at any time prior to contract award,
without thereby incurring any liability to the affected bidder or bidders.
8. For further information, please refer to Undersecretary Asis at his address and contact
numbers:
Undersecretary RAUL C. ASIS
Bonifacio Drive, Port Area, Mania
Tel. No. (+632) 304-3302
Fax No. (+632) 304-3572

(Sgd.) RAUL C. ASIS
Undersecretary

REQUEST FOR EXPRESSIONS OF INTEREST FOR CONSULTANCY SERVICES
FOR THE DETAILED ENGINEERING DESIGN AND TENDERING OF ADDITIONAL
PROJECTS UNDER THE ROAD IMPROVEMENT AND INSTITUTIONAL
DEVELOPMENT PROJECT (RIIDP) AND ASSET PRESERVATION (AP) AND
ROAD IMPROVEMENT (RI) PROJECTS FOR FUTURE FINANCING BY THE
ASIAN DEVELOPMENT BANK (ADB)
OFFICE OF THE DISTRICT ENGINEER
Zamboanga del Sur 3
rd
Engineering District
Guipos, Zamboanga del Sur
I NVI TATI ON TO BI D
(MST-May 8, 2012)
The Department of Public Works and Highways, 3
rd
District
Engineering Offce, Guipos, Zamboanga del Sur, through its Bids and
Awards Committee (BAC), invites prospective suppliers/bidders to apply
to bid for the following contracts/s:
Contract ID: 2012JG13
Contract Name:
Supply and Delivery of 1 unit Engine Isuzu 6 HA-1
compressor type
Contract Location: Guipos, Zamboanga del Sur
Brief Description:
Supply and Delivery of 1 unit Engine Isuzu 6 HA-1
compressor type for use in Dump Truck with plate
no. SEM-320
Appropriation: P510,000.00
Contract Duration: 30 Calendar Days
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 bidder must meet the following criteria: (a)
prior registration with DPWH, (b) Filipino citizen/sole proprietorships,
corporations/partnerships/cooperatives/organizations with at least sixty
percent (60%) interest or outstanding capital stock belongs to the citizens
of the Philippines, (c) completed similar contract whose value must be at
least 50% of the 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.
Unregistered suppliers/bidders, however, shall submit their
applications for registration to the BAC for Goods, Secretariat, DPWH
Central Offce seven (7) calendar days before the deadline for the
submission and opening of bids. The BAC for Goods, DPWH Central
Offce will only process suppliers applications for registration with
complete requirements, and issue the Suppliers' Registration Certifcate
(SRC). Registration forms may be secured from the Secretariat, BAC for
Goods Offce, Ground Floor, DPWH Central Offce.
The signifcant times and deadlines of procurement activities are
shown below:
1. Issuance of Bidding Documents May 11, 2012
2. Pre-Bid Conference May 15, 2012
3. Receipt of Bids May 28, 2012 at 10:00 AM
4. Opening of Bids May 28, 2012 at 2:00 PM
The BAC will issue hard copies of Bidding Documents (BDs) at BAC for
Goods Secretariat, DPWH 3
rd
Engineering District, Guipos, Zamboanga
del Sur, upon payment of a non-refundable fee of One Thousand Seven
Hundred Pesos Only (Php 1,700.00). Prospective bidders may also
download the 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 Bid Documents. Bids must
be accompanied by a bid security, in the amount and acceptable form, as
stated in the Section 27.2 of the Revised IRR.
Prospective bidders shall submit their duly accomplished forms
as specifed in the BDs in two (2) separate bid envelopes to the BAC
Chairman. The frst envelope shall contain the technical component
of the bid, which shall include the eligibility requirements. The second
envelope shall contain the fnancial component of the bid. Contract will be
awarded to the Lowest Calculated Responsive Bid as determined in the
bid evaluation and the post qualifcation.
The Department of Public Works and Highways 3
rd
District
Engineering Offce, Guipos, Zamboanga del Sur 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.) INOCENCIO P. SABUGAL
BAC Chairman
OFFICE OF THE DISTRICT ENGINEER
Zamboanga del Sur 3
rd
Engineering District
Guipos, Zamboanga del Sur
I NVI TATI ON TO BI D
(MST-May 8, 2012)
The Department of Public Works and Highways, 3
rd
District
Engineering Offce, Guipos, Zamboanga del Sur, through its Bids and
Awards Committee (BAC), invites prospective suppliers/bidders to apply
to bid for the following contracts/s:
Contract ID: 2012JG14
Contract Name:
Supply and Delivery of 1 unit Engine
Mitsubishi 4D56-N Turbo
Contract Location: Guipos, Zamboanga del Sur
Brief Description:
Supply and Delivery of 1 unit Engine
Mitsubishi 4D56-N Turbo for use in Pajero
YCK-445
Appropriation: P280,500.00
Contract Duration: 30 Calendar Days
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 bidder must meet the following criteria: (a)
prior registration with DPWH, (b) Filipino citizen/sole proprietorships,
corporations/partnerships/cooperatives/organizations with at least sixty
percent (60%) interest or outstanding capital stock belongs to the citizens
of the Philippines, (c) completed similar contract whose value must be at
least 50% of the 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.
Unregistered suppliers/bidders, however, shall submit their
applications for registration to the BAC for Goods, Secretariat, DPWH
Central Offce seven (7) calendar days before the deadline for the
submission and opening of bids. The BAC for Goods, DPWH Central
Offce will only process suppliers applications for registration with
complete requirements, and issue the Suppliers' Registration Certifcate
(SRC). Registration forms may be secured from the Secretariat, BAC for
Goods Offce, Ground Floor, DPWH Central Offce.
The signifcant times and deadlines of procurement activities are
shown below:
1. Issuance of Bidding Documents May 14, 2012
2. Pre-Bid Conference May 16, 2012
3. Receipt of Bids May 30, 2012 at 10:00 AM
4. Opening of Bids May 30, 2012 at 2:00 PM
The BAC will issue hard copies of Bidding Documents (BDs) at
BAC for Goods Secretariat, DPWH 3
rd
Engineering District, Guipos,
Zamboanga del Sur, upon payment of a non-refundable fee of Nine
Hundred Thirty-Five Pesos Only (Php 935.00). Prospective bidders may
also download the 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 Bid Documents. Bids must
be accompanied by a bid security, in the amount and acceptable form, as
stated in the Section 27.2 of the Revised IRR.
Prospective bidders shall submit their duly accomplished forms
as specifed in the BDs in two (2) separate bid envelopes to the BAC
Chairman. The frst envelope shall contain the technical component
of the bid, which shall include the eligibility requirements. The second
envelope shall contain the fnancial component of the bid. Contract will be
awarded to the Lowest Calculated Responsive Bid as determined in the
bid evaluation and the post qualifcation.
The Department of Public Works and Highways 3
rd
District
Engineering Offce, Guipos, Zamboanga del Sur 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.) INOCENCIO P. SABUGAL
BAC Chairman
MAY 8, 2012 TUESDAY
B4
Provinces
Edited by Leo A. Estonilo leoestonilo@gmail.com mst.daydesk@gmail.com
Price cap on canned sardines eyed
World Bank aid to revive river
By Julito G. Rada
THE Trade Department is eyeing a cap on
the retail price of canned sardines amid
stabilizing supply of sh stock following
the lifting of the ban in Zamboanga del
Norte.
Our recent monitoring
showed the price of canned
sardines at P13.50 and some
brands are being sold to as high
as P14, Trade Undersecretary
Zenaida Maglaya said on
Monday. So the department
is contemplating the pre-ban
price of P12.80 to make the
commodity more affordable to
the consumers.
She said the three-month
shing ban from Dec. 1, 2011
to March 1 was enough to have
ample supply of tamban for
canned sardines processing.
The government imposed
a moratorium following the
recommendation of the Bureau of
Fisheries and Aquatic Resources
noting that the sardinella species
reproduced from December to
February.
Maglaya said BFAR ofcials
will be invited to air their
views when the National Price
Coordinating Council is schedule
to convene this month.
With the school year opening
around the corner, she said
prices of school supplies were
stable except for crayons and
pencils.
Maglaya the P2- to P4-
increase in crayons were due
to the rising cost of petroleum
because crayons are petroleum-
based products, while pencils
P4-increase was due to the rise
in cost of wood, which is used
in the manufacture of the said
product.
Saying that retail price for
school supplies was set last
May 5, Maglaya said school
caravans offering discounts on
commobities will be held on May
15 across the country.
MALOLOS CITYWorld
Bank funding to clean up the
Marilao-Meycauayan-Obando
River System is being pushed
by Blacksmith Institute, a New
York-based think tank that
ranked the waterway as fth
dirtiest in its 2005 survey of
200 rivers all over the world.
John Keith, Blacksmith
director for operations and
technical adviser Jim Darling
were briefed by Bulacan Gov.
Wilhelmino Sy Alvarado, who
heads the systems water quality
management board.
They were accompanied by
Jenny Amparo, Blackstone
country coordinator based
in UP Los Baos, in visiting
Ecoshield Development Corp.
and its mangrove nursery in
Barangay Salambao, Obando
town.
Our purpose here is to help
local groups come up with a
good proposal to get a loan
grant from the World Bank,
Keith told Alvarado, noting
that the WB would decide how
much to extend the project even
as Amparo mentioned an initial
$50 million for the preliminary
stage.
That amount is just for
studies and projects, Keith
said. That is not necessarily
the entire amount needed to
clean up the river. What we
need to do it to focus on setting
up the projects to deal with
specic problems in the most
economical way.
Ecoshield has partnered
with the provincial capitol
and the Department of
Environment and Natural
Resources to help revive
the system, donating a one-
hectare lot in Meycauayan
for septage treatment of
toxic waste scooped out
of the river and two utility
boats.
It also pledged 37 percent of
the landll for waste collected
from Bulacans coastal towns.
Blackstone experts said
industrial were being dumpred
in the river system, a major
source of agricultural and
domestic water in the province
and the neighboring Metro
Manila.
Substantial contamination
comes from small-scale lead
recycling facilities along the
riceeld at Marilao, and from
the many tanneries that dump
untreated hexavalent chromium
into the river, the assessment
said. This river also ows
directly into commercial
shing areas.
In pushing for WB funding,
Keith said Blacksmith would
help set up a coordinating
body to design and implement
Tribute to women. Secretary Leila de Lima is welcomed by Governor Jeorge E.R. Ejercito Estregan, Pagsanjan
Mayor Maita Ejercito also League of Municipal Mayors-Laguna chapter president, and more than 10,000
members of the ERK2 womens group of Laguna during their annual assembly and celebration of Womens
Month at the Laguna Sports Complex, Sta. Cruz.

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