We mourn the passing of Governor Nesting Espenilla. A profound loss to his family and friends, to the BSP which has been his home since UP days and to our country and people. As a tribute to him and his work, I am sharing the introduction of an interview Christine Tang and I did for GlobalSource Partners (globalsourcepartners.com) in January 2018.
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The role of the Philippine Coast Guard (PCG) in development has not been fully articulated. This essay attempts to show why it is necessary to provide budgetary support for the PCG, but it is equally important to determine where the priorities should be.
Bar none, the city of Makati is the country’s best foot forward to the world. It represents what we Filipinos are capable of as far as city planning and urban development goes.
“Here’s your credit card, Ma’am, no need to sign the charge slip for payments below P2,000,” the waiter at her favorite Italian restaurant says to the lady-lawyer, a regular diner. “But I want to sign the charge slip,” she insists. “See here, there is a blank space for the tip to be given, if the customer wanted the tip to be included in the credit card charge -- how would I know if an outrageous tip amount was added by someone without my knowledge? How can I prove, should I question my credit card statement, that I did not write in a tip on the charge slip?”
IT SEEMS easier to make a list of don’ts than to-do’s. The negative list is shorter and easier to follow. Laws are usually a list of unacceptable behavior, a list of no-noes’. Customs forms for instance specify only goods that are prohibited entry to a country like illegal drugs, fresh fruits, weapons, or currencies above a certain amount. A declaration of non-possession of these banned items is part of the usual immigration form. Anything not found in the negative list is allowable -- did they list pets?
THE PHILIPPINE Reclamation Authority (PRA) said it hopes to start drafting regional and national reclamation development plans (RDPs) by April, in compliance with the President’s order to more closely supervise reclamation projects.
THE Department of Finance (DoF) said it will seek to compile a database of foreign workers hired by Philippine offshore gaming operators (POGOs) to help ensure that they pay the correct taxes.
THE Philippine Competition Commission (PCC) is seeking to participate in the approval process for technology transfer agreements (TTAs), which are currently the domain of the Intellectual Property Office of the Philippines (IPOPHL), citing competition issues that may arise from such deals.
SUBSIDIES granted to state corporations rose in 2018, with the bulk going to the Philippine Health Insurance Corp. (PhilHealth), the Bureau of the Treasury said.
THE MARITIME industry regulator said it wants to attract private organizations to continue engaging in shipbuilding and repair by developing a scheme of tax incentives.
THE Social Security System (SSS) said it will allow greater access to its Pension Loan Program (PLP) by relaxing some requirements for applicants.
THE Commission on Audit (CoA) has issued a warning on the viability of GY Real Estate, Inc. (GYREI), a unit of the National Development Co. (NDC), after it posted eight years of consecutive operating losses totaling P54.945 million.
THE Court of Tax Appeals (CTA) denied for lack of merit the P50-million tax refund claim of CBK Power Co. Ltd for 2012, ruling that it is not entitled to such a refund.
If we evolve our thinking about social security, pension, retirement and voluntary savings, could we deliver better socioeconomic outcomes for the Philippines and improve the financial well-being of millions of Filipinos?
DEFENSE Secretary Delfin N. Lorenzana on Saturday said the national government may exercise its power to “remove” any appointed transition leader who is “perceived to be sabotaging” the transition government of the new Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
THE NUMBER of cases of measles in the Philippines has exceeded more than 14,000 and the count is still rising even as the government steps up its campaign against a vaccine scare that was triggered by deaths allegedly caused by Dengvaxia, a vaccine against dengue.
THE Senate committee on economic affairs will open its inquiry on Tuesday into the status of infrastructure projects under the government’s Build, Build, Build program.
THE COMMISSION on Human Rights (CHR) has appealed to the public not to politicize the redistribution of financial reparations for human rights-abuse victims during the Marcos regime.
THE HOUSE of Representatives and the Senate are set to convene on Thursday the Bicameral Conference Committee on the proposed Murang Kuryente Act.
THE SENATE has passed on third and final reading the bill extending for another 25 years the broadcasting franchise of Delta Broadcasting System, Inc., which is owned by El Shaddai leader Brother Mike Z. Velarde.
THE Department of National Defense (DND) is looking at next year to revive the Reserved Officers’ Training Corps (ROTC).
THE TNT KaTropa made a triumphant return to PBA Philippine Cup action on Sunday as they cut down the erstwhile streaking Rain or Shine Elasto Painters, 100-92, at the Ynares Center in Antipolo City.
THE Ateneo Lady Eagles soared to their third straight win in Season 81 of the University Athletic Association of the Philippines with a shutout victory over the University of the East Lady Warriors, 25-15, 25-21 and 25-16, on Sunday at the Smart Araneta Coliseum.
THE rebranded local club football league -- Philippine Premier League -- is scheduled to fire off later this month with seven teams set to participate.
AFTER a stretch in his mixed martial arts career that had him fighting a few times and far in between, Ultimate Fighting Championship (UFC) champion Jon “Bones” Jones said it feels great to have some “consistency” now and looking forward to such a setup moving forward.
THE highly popular Mobile Legends: Bang Bang pro league in the country is to unfurl its third season this month with organizers touting it to be another exciting one as it is out to build on the significant gains it had achieved in the previous two stagings.
DUBAI -- Roger Federer claimed the 100th ATP title of his career by beating 20-year-old Greek Stefanos Tsitsipas 6-4 6-4 in the final of the Dubai Duty Free Tennis Championships on Saturday.
FLORIDA -- Wyndham Clark birdied five of his first seven holes and hung on for a one-stroke lead as Fiji veteran Vijay Singh stormed into contention in the third round of the Honda Classic on Saturday.
Great players had great games left in them.
LeBron James didn’t even bother to wait for the game to finish. With around 15 ticks left in the contest, he left the court and headed straight to the locker room. Clearly, he was in no mood to exchange pleasantries with the visiting victors, and he made sure to tell all and sundry why in his post-mortem. “We blew it,” he said. And he was right. For the better part of 46 minutes, the Lakers proved the equal of the league-leading Bucks. For the better part of 46 minutes, he proved superior to Giannis Antetokounmpo, the preemptive Most Valuable Player. Unfortunately, they imploded in the last two, and in such a way as to make the worst of the worst blush in embarrassment.