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MORE de-bureaucratizing laws, please

From January to March 11 this year, Congress has created and passed 77 new laws, 28 of national application (table below) and 49 being local or franchise laws. The dates when they were approved by the President this year are also here.

New Republic Acts (RA) of national significance, 2019

From the perspective of tax-conscious taxpayers and regulations-wary entrepreneurs, five of the 28 national laws are good laws on lesser bureaucracies, lesser taxes required: RA 11203, 11231, 11232, 11234, and 11239.

There are 15 bad laws on more bureaucracies needing more taxes, more regulations: 11180, 11194, 11199, 11200, 11201, 11206, 11210, 11214, 11215, 11223, 11228 to 11230, 11235, and 11241.

And eight are somehow neutral laws: RA 11168, 11188, 11202, 11207, 11211, 11216, 11222, and 11227.

Laws of local application include: creating another legislative district, another barangay, high school, polytechnic institute, state university, sports training center, city prosecution office, creating or upgrading a district hospital, granting citizenship to foreigners, extending or renewing a franchise, recognizing an Academy, special provincial/city holidays, renaming a public school, etc.

Majority of these are certainly bad laws because they further expand bureaucracies and offices that require expanded taxes and fees. There is endless welfarism with no timetable at the local and national levels. Congressmen, Governors and Mayors create or convert new schools, news hospitals, new barangays in their locality without spending their local resources because they pass funding to the national government via the General Appropriations Act.

In this midterm election campaign, do we see more national and local politicians promising less burden to taxpayers and entrepreneurs? From their various campaign promises and legislative agenda, the answer is No. Bad.

 

Bienvenido S. Oplas, Jr. is the president of Minimal Government Thinkers

minimalgovernment@gmail.com

The Chinese connection

The public opinion surveys of the past year or so have confirmed that most Filipinos distrust China while wholeheartedly favoring the United States. Over a majority of the population are skeptical of the former’s intentions, and would like the Philippine government to do something about its occupation of the West Philippine Sea.

China has militarized the Philippines’ Exclusive Economic Zone, and its coast guard cutters have been harassing Filipino fisherfolk, driving them from their traditional fishing grounds, and in some instances even robbing them of their catch. It has lately sent hundreds of sea craft that it insists are non-military and unarmed in the vicinity of Pag-Asa island. The lone barangay of the Philippine municipality of Kalayaan is on Pag-Asa, but past experience suggests that China could very well be eyeing it for occupation.

The flotilla of Chinese vessels and the seeming threat to Pag-Asa seem to have moved the Duterte regime to protest the Chinese presence via the Department of Foreign Affairs, and President Rodrigo Duterte to warn the Chinese to keep off the island or else risk war.

Mr. Duterte said in one of his rambling speeches that if China tries to occupy Pag-Asa, he will send more troops there on a “suicide mission” to defend the island. Even Duterte ally Senator Richard Gordon has weighed in by declaring that a country that sends its military forces to the WPS and harasses Filipino fisherfolk is no friend of the Philippines, contrary to what Mr. Duterte and his henchmen have been saying.

Both the DFA’s diplomatic protests and Mr. Duterte’s attempt at a little saber-rattling are a bit too late. As Mr. Duterte has said a number of times, China is now in control of the WPS. Despite the presence of Philippine troops there, it is quite capable of seizing Pag-Asa if it wants to. As usual contradicting his own statements, Mr. Duterte said in the same speech that he wasn’t really about to go to war with China, and was apparently just bluffing about sending a “suicide mission” to Pag-Asa. He pointed out that the Philippines is entirely at the mercy of Chinese missiles, which that country has deployed on its artificial island-bases — to the construction of which the Duterte regime did not object when it was going on. Neither did the government protest China’s positioning its missiles within striking distance of the rest of the Philippines, including its capital.

Those who have been protesting the regime’s do-nothing policy in the face of Chinese aggression can’t be blamed for suspecting that the seeming shift in its China narrative is intended to influence the results of the midterm elections that are barely five weeks away. Because much of the electorate is dissatisfied with his China policy, it does seem like an attempt to convince the voters that Mr. Duterte and his candidates for the Senate and local posts aren’t really afraid of displeasing China by defending Philippine sovereignty. Despite their demonstrated partiality for, and embarrassing subservience to China, they have had to reluctantly acknowledge the anti-China — and together with it, the pro-US — sentiments of most Filipinos.

The reality is that in its determination to be the next world hegemon after the United States, China has a distinct disadvantage. US prestige and power may be in decline globally, but as the opinion polls have found, it is still the US that most Filipinos trust while being skeptical of China. The reasons are deeply rooted in the history of Philippines-China relations and those between the Philippines and the US.

China and what is now the Philippines have had mostly trade relations that go back several centuries, and many Filipinos have a Chinese ancestor or two in their family trees. But Spanish colonial rule, with its racist foundations, downplayed the first and made the second a disadvantage.

Not only did Spain isolate the Chinese in enclaves called “parians” during its 300-year occupation of the Philippines; it also subjected them to periodic massacres and mass arrests until the 18th century, which imperiled even the liberty and fortunes of those with mixed ancestry (mestizos). As a consequence, most Filipinos echoed Spanish racism by disparaging and discriminating against the Chinese among them.

The US experiment in colonial rule was initially assured through the use of force, but relied as well on cultural power to compel obedience from the “natives.” That power was generated through the forcible use of the English language and the indoctrination of the political elite under its tutelage on such alleged US values as freedom, democracy and individual rights, and the benevolence and supremacy of “the American way,” which eventually found expression in the US-established educational system as well as in the arts, literature, and mass media of the Philippines.

Quite possibly the most successful experiment of its kind in history, US colonialism and imperialism made the Filipino mind a bastion of approval and support for US hegemony. There are material and institutional bases for it such as military and economic aid, and, among others, compacts like the Mutual Defense Treaty and the Visiting Forces Agreement. The use of force is still part of its arsenal of conquest and domination, but US preeminence in the most strategic areas of Philippine life and governance has mostly been assured by its ideological supremacy in the public sphere.

The Philippine population’s US connection is both materially and subjectively based. Together with its minimal subjective influence, China is in contrast still perceived through an anti-communism lens. A legacy of the Cold War, anti-communism has always been the main ideological bias of both US-influenced media and the US music, film, and television industries whose market is the entire world.

China is no longer the socialist country it once was, and is blatantly and aggressively capitalist. But the perception that it is still the China of Mao Zedong persists, with some of those opposed to Chinese intrusion into the WPS attributing its brazenness to its supposed “communism.” The truth is that it was during the period of socialist construction when China made mutual respect and benefit the basis of its international relations, in contrast to its current focus on advancing its interests no matter the consequences on other countries.

China has been trying to influence the Filipino mind through scholarships, films, TV program sponsorships, and familiarization trips with the approval and support of the Duterte regime. These efforts have nevertheless had little visible effect on the Filipino millions, among other reasons because they have been addressed only to a small segment of the population, and cannot even begin to compare with the power of the English language that was early on assured by US colonial policy in the Philippines in the 1900s.

English is the conduit through which the US culture industry keeps US political and ideological influence dominant in this neo-colony. That dominance is the primary reason for the failure of the Duterte regime’s campaign to make its Chinese connection widely acceptable — and for the continuing support for US political, economic and strategic interests among most Filipinos.

Despite its economic power and growing military might, it will take China several generations to even approximate the ideological ascendancy of the US in this country and in much of the world that it seeks to dominate. Hence its use of intimidation, such early 20th century capitalist tricks as the conspicuous display of military power known as gunboat diplomacy, and other far from subtle means to achieve its aims in the Philippines as well as in the rest of the planet.

 

Luis V. Teodoro is on Facebook and Twitter (@luisteodoro).

www.luisteodoro.com

An analysis of the new Corporation Code

Change is generally good. Revising obsolete laws is a good exercise. Old laws trap us and our businesses in old practices and mindsets. New ones provide a chance for a clear framework, simple implementation and a fresh start.

Contrary to popular wisdom that our problem is too many good laws that are not implemented well, the truth is we have too many bad laws. This is made worse by confusing rules, corrupted regulations and arbitrary enforcement.

The Revised Corporation Code now in effect is a big improvement from the past one. Let us look at some of the provisions and analyze their consequences. As in all things, there are unintended consequences.

ONE-PERSON CORPORATION
The new code allows the formation of a corporation by one person or one stockholder. The previous requirement was for at least five stockholders. This resulted in the use of nominal stockholders who do not contribute in any significant way, or in unnecessarily expanding the number of owners which made the corporate vehicle less efficient and more problematic.

A one-person corporation embodies the corporate law idea that a corporation is a different entity with a separate personality from the individual natural person.

The effect is that it is easier to set up corporations and entrepreneurs will use less of the sole proprietorship mode. The challenge is for the Securities and Exchange Commission to make it less expensive and faster to incorporate to make the change meaningful.

There is no longer a minimum authorized capital stock. Previously, there was an amount of which 25% was set as subscribed capital stock and another 25% to serve as the paid-up capital. This was a pointless mathematical exercise and did not create any value or better regulation. Everyone was just meeting the minimums regardless of the need of the business or the financial capacity of the incorporators.

PERPETUAL CORPORATE TERM
Corporations used to die at the end of their corporate life which is 50 years. A positive act was needed to extend it. The amended law allows companies to exist forever and applies to existing and future corporations. A positive act is required to kill the corporation.

Although the stated purpose is to prevent business from closing down because of non-renewal of registration, over the passage of time, we may see a slew of “zombie corporations” which exist in paper and hold assets but with none of the mortal stockholders around.

Under the new law, corporations with expired registration papers can be resurrected.

ADOPTION OF TECHNOLOGY
There is a semblance of electronic filing under the old regime. But as any user can attest, it is slow, with a clunky user interphase and very limited capability. SEC staff has a long wish list for a truly interactive system that will allow faster approvals and simpler monitoring. The current provider will have to step up or ship out.

A previous SEC circular allowed the use of videoconferencing and teleconferencing in certain instances. This rule is now in the new law. Stockholders may participate and vote without being personally present. Directors or trustees may also participate and vote in regular and special meetings through remote communication.

With this rule liberalization, stronger corporate cyber-security measures are essential. Otherwise, the next batch of intra-corporate disputes will revolve around the integrity of the communication by electronic means, the authentication of disputed identities and electronic record-keeping.

FORM OF ARTICLES OF INCORPORATION
In contrast with the recognition of technology, it is unfortunate that the new law copied and crystallized the form for incorporation in its Section 14. The superior approach is for legislation to provide guidelines on content and allow the regulator to prescribe the design and the procedure. This will provide flexibility and inject dynamism specially for the electronic system of filing and monitoring and the changing times.

To cast forms into laws is a bad practice that calls for rethinking to avoid this persistent bureaucratic problem. Forms are forms and laws should deal with substance.

ALTERNATIVE DISPUTE RESOLUTION
With the costly and lengthy formal, adversarial and court-based resort to solve conflicts, the new law calls for the institution of alternative dispute resolution mechanisms for intra-corporate issues. Given the powers of the SEC, it can answer the cry of business people for ways and means to address discord in the boardroom.

There are two key areas that the Revised Corporation Code does not answer.

The first is on control of corporation. One of the most contentious and vexing issues in our body of corporate laws is the question on how to determine control of the corporation — is it the “control test” or the “grandfathering rule.” Cases involving actual and beneficial interest are routinely ruled upon by the courts all the way up and down the Supreme Court. This affects business climate and affects investment certainty.

Recent laws and rulings may be pointing to convergence and a new law ideally can contain a chapter on control that will once and for all clarify the controlling regime.

The other is on rules on conflicts of interest. A form of private sector corruption that is particularly harmful and not easy to detect is the self-dealing of directors with their companies that is beneficial to the concerned individuals but not to the corporation even if knowledge or information was gained from their positions of trust and confidence. The new law is basically a rehash of the old provision.

Overall, the Revised Corporation Code is an improvement and the change is good.

Fate in the economy

By Tony Samson

THERE are just too many variables and events beyond the control of a corporation such as the price of oil, a new regulatory regime, entry of competition, disruptive technology, and rhetorical excesses from the top.

Thus does fate and randomness affect the success or failure in the economy. Especially at risk are conglomerates, the corporate equivalent of empires. Both conglomerates and empires are run by dynasties, as are political positions — we just have a family tradition of public service. Can we help it if people vote us in…with our massive resources at hand?

The Chinese dynasties of old attributed the success and good fortune of empires to what they called the “mandate of heaven”. This mysterious force dispensed success in battles and good fortune to the ruler and his people, with these triumphs used as justification for legitimacy in fending off usurpers and rivals.

Such a heavenly mandate, however, had a downside too. When earthquakes, floods, and famines descended on the country causing hardship and death on the people, they believed that such misfortunes were a sure sign that the mandate of heaven had been withdrawn. This signaled to the masses that they no longer had the right ruler, just the opening that the rivals were waiting for.

This attribution of a divine hand in the fortunes of men is not limited to the ancient (or even modern) East. German sociologist Max Weber, in his 1905 book, The Protestant Ethic and the Spirit of Capitalism, delved into the protestant work ethic to explain the economic growth of Europe and America. The Calvinist belief that worldly success was an indicator of eternal salvation made material wealth something to be diligently pursued and publicly admired. This belief seemed to explain the economic rise of the West.

The supernatural, not necessarily divine, dimension in worldly endeavors is quite pronounced too in our culture. This influence goes beyond religion and combines the oriental mandate from heaven with the Weberian material success as a sign of heavenly favor. It can be argued that the work ethic is Protestant in nature. It can be argued that it is the distrust of wealth and the embrace of poverty and the poor in the Catholic faith that has kept us back as an economic powerhouse.

The idea of the “mandate of heaven” lingers with our taipans who are students of Chinese lore. A string of successes gives an entrepreneur the feeling that he is doing the right thing and heaven (or luck) is smiling on him. But what happens when fortunes are reversed? The trusty cash cow dries up with the entry of cheaper competitors. An acquisition of a large company is mired in a regulatory tangle, leaving the seller in a testy mood. A high-profile court case shuts down the borrowing window of a developer.

Such reverses can be explained as part of the routine ups and downs of doing business. However, as they continue in a succession of failures and losses, the mandate of heaven, first, then the support of stockholders and investors are abruptly withdrawn. The fall becomes a self-fulfilling prophecy.

It is not surprising that taipans are a superstitious lot. They openly embrace feng shui (no harm in being safe) in designing their offices. They have mirrors in strange places which can hardly be reached to check if lettuce has stuck between the two front teeth. They’re up there to ward off bad chi. This superstitious streak is inclusive. The blessing of a new office may feature a priest in the morning and a geomancer in the afternoon.

Even casual observers of the business or political scene see fortune’s reverses as a sign that the leader is losing his Midas touch. Even a minor incident can lead to corporate disaster. Two pieces of luggage lost at the airport would attract media attention and the ire of authorities and very quickly the contractor in charge is summarily replaced.

A string of bad luck is not easily overcome by its victims. Few businessmen have the patience of Job to be able to ride out one misfortune after another. As with the emperors of old, visited with plagues and disasters, it is those being ruled that act, often with astonishing speed.

 

Tony Samson is Chairman and CEO, TOUCH xda

ar.samson@yahoo.com

ROS and Magnolia begin best-of-7 semifinal series

By Michael Angelo S. Murillo
Senior Reporter

THE semifinal round of the PBA Philippine Cup begins today with the pairing between second-seeded Rain or Shine (ROS) Elasto Painters and sixth seeds Magnolia Hotshots Pambansang Manok kicking things off at the Smart Araneta Coliseum.

A best-of-seven affair, Rain or Shine and Magnolia tussle in their scheduled 7 p.m. Game One encounter looking to take early control of the series and pad their push to make it to the finals of the season-opening Philippine Basketball Association tournament.

Rain or Shine as the second seed after the elimination round had a twice-to-beat advantage in the quarterfinals but saw no need to use it as they eliminated the Northport Batang Pier at the first instance, 91-85, on April 7.

Magnolia, meanwhile, survived a best-of-three quarterfinal series with the Barangay Ginebra San Miguel Kings that went the full distance, completing a comeback from being down a game in the series with an 85-72 victory in the rubber match Game Three on Wednesday.

Leading the way for the Elasto Painters is James Yap, the former star player of Magnolia, who is averaging a team-high 14.7 points per game.

Maverick Ahanmisi has been good for 12.1 points while Norbert Torres and Beau Belga are adding 9.1 and 8.6 points, respectively, for Rain or Shine.

Over at the Hotshots, Paul Lee and Ian Sangalang led their team against a loaded Barangay Ginebra team in the previous round, with the former averaging 17.7 points in the three games and the latter good for 15 points per game in the series.

Also stepping for the Hotshots were Jio Jalalon, Mark Barroca, Robbie Herndon and Aldrech Ramos.

While they are the higher-seeded squad, Rain or Shine knows that in the semifinals it will be an equal field and that it has to adjust accordingly to what Magnolia will throw at them, in particular on defense.

“We have to attack their pressure defense. They did a good job dictating the tempo of the game against Ginebra. If we can limit our turnovers and limit their points, I think we can be able to pull off a win,” Rain or Shine coach Caloy Garcia was quoted as saying by the official PBA Website heading into Game One.

For the Hotshots, they hope to continue what they did well against Barangay Ginebra in what they expect to be another tough grind against Rain or Shine in the semifinals.

“It’s all about our grit and will that carried us past Ginebra. Now it’s the start of another tough series versus the No. 2 team (Rain or Shine), and we need to be more determined, have that consistent effort, defensive mindset and the desire to win,” Magnolia coach Chito Victolero said of his team.

In their lone encounter in the Philippine Cup eliminations, Rain or Shine edged Magnolia, 75-74, on Feb. 13.

Mr. Yap starred in said game, finishing with a game-high 18 points, including a huge three-pointer for the Elasto Painters down the stretch.

Meanwhile, the other semifinal pairing will see number one team Phoenix Pulse Fuel Masters against number five and defending champions San Miguel Beermen.

Their best-of-seven semifinals begin on Saturday at the Mall of Asia Arena.

Los Angeles heads into offseason of uncertainty

LOS ANGELES — The Los Angeles Lakers held exit interviews with the media on Wednesday, fresh off a disappointing season and the drama of Tuesday night, when team president Magic Johnson abruptly stepped down before the final game.

“We had moments where we were really, really good and we had moments where we were really, really bad,” forward Brandon Ingram said.

“Because of what went on throughout the schedule, which was crazy, I think that ultimately helps us out and brings us even closer for next year. I’m not sure who is going to return, but for the guys who are, I know they going to feel that feeling of like we could have won games.”

But much is up in the air a day after the Lakers ended with a 37-45 record and missed the playoffs for the sixth consecutive season. Who will run the team? Who will coach the team? Luke Walton, after his third season on the bench, did not meet with the media Wednesday.

“I think Luke did a hell of a job, with what he had, the cards he was dealt,” point guard Rajon Rondo said. “Guys fought every night.”

The Lakers, who pursued New Orleans Pelicans star Anthony Davis at the trading deadline, will want to make a big offseason splash, which could suit the desires of superstar LeBron James.

The Lakers were 20-14 and in fourth place in the Western Conference after beating the Golden State Warriors on Christmas Day, when James suffered a groin injury that cost him the next 17 games.

Ingram didn’t play after March 2 and under underwent thoracic outlet decompression surgery after he was diagnosed with deep venous thrombosis, which involved a blood clot that caused shoulder pain.

Point guard Lonzo Ball didn’t play after Jan. 19 because of a left ankle injury. He wore a black hat with the words “Don’t Forget Me” to his media interview Wednesday.

“I think those two weeks before I got hurt, I kind of figured it out,” said Ball, whose name has been mentioned in trade possibilities. “I felt I was playing the basketball I was capable of playing and unfortunately I got hurt and couldn’t come back.”

The other big question around Ball is whether he will continue to do business with his father, LaVar Ball, and the family’s Big Baller Brand.

“We’re still talking about it,” Lonzo Ball said. “Right now, I’m not really too focused on that. I’m more focused on just being healthy, getting right for the summer. We’ll get around to it.”

Ball said he looked at James — who signed a four-year, $154 million deal last offseason — as a “big brother.”

“It was a dream come true for me,” Ball said of playing with James. “Obviously, his IQ is off the charts, so he’s not hard to play with at all.” — Reuters

Fil-Aussie, returning champions at Red Bull cliff diving series in Palawan

By Michael Angelo S. Murillo
Senior Reporter

THE FIRST leg of the Red Bull Cliff Diving World Series takes place this weekend in El Nido, Palawan, boasting of 24 of the top athletes in the sport in the world, including an Australian of Filipino descent and the retuning champions.

Australian Xantheia Pennisi, Gary Hunt of Great Britain and Rhiannan Iffland of Asutralia will be among those seeing action in the cliff-diving spectacle at the Small and Big Lagoon in Miniloc Island in El Nido on Saturday, with eyes on gaining early points in the seven-stop Red Bull Series.

Filipino-Australian Pennisi, whose mother is a native of Tarlac, said she feels privileged and honored to be the first cliff diver with Filipino descent to compete in the Red Bull Cliff Diving World Series.

“Everything happens for a reason, and this stop happened for me. I will be diving for my family and my biggest supporter, my mom,” said Ms. Pennisi heading into this weekend’s competition.

This year’s marks the second time that she will be competing in the prestigious series after making her debut last year.

She hopes to continue building on the gains she had the first time around and develop her skills as a diver.

“For me, this year is still about learning the sport of cliff diving. I have only been cliff diving for less than a year, so I am focusing on doing consistent dives and getting high scores. I don’t have the biggest dives yet, but I am working on them. My goal is to place in the top 5 at all the competitions,” said Ms. Pennisi, who began high diving as a teen and immediately established herself as a favorite among her coaches and peers.

Ms. Pennisi went on to say that for the Palawan leg of the series she has been training hard — building up her body and perfecting her execution.

RETURNING CHAMPS
Meanwhile, Mr. Hunt and Ms. Iffland, the reigning men’s and women’s champions, said they are very excited for the about-to-start series and they will try their best to come out on top anew.

“My goal is to keep the title. It was a very close race last year and it was a shaky start so I would love to get off to a very strong start and stamp my foot down on this year’s title,” said Mr. Hunt, a seven-time winner of the series.

In 2018, the British diver won the overall title with 1,010 points, 60 ahead of second-running American Steven LoBue (950). He helped his cause by topping the last four legs of the series after struggling in the first three.

For her part, Ms. Iffland, a three-time Red Bull series winner in the women’s division, said she is in awe of the sight in Palawan and looking forward to competing in it.

“I’m looking forward to taking in the atmosphere and really enjoying the hospitality from the people of Palawan because it’s not my first time diving here in El Nido. Two years ago I was on holidays, and I remember taking a boat cruise across the lagoons and thought wow this is just so picturesque, it’s the perfect place to high dive and to cliff dive,” said Ms. Iffland.

The Australian won the overall title last year with total points of 830, ahead of second place Adriana Jimenez (760) of Mexico and Lysanne Richard (690) of Canada.

Viewers in the Philippines can watch the full Red Bull event, along with the remaining six stops of the 2019 World Series, on S+A and iWant Sports (iwant.ph), 5PLUS and 5plus.com.ph, FOX Sports, FOX Sports GO, FOX+ app, and online at http://www.foxsports.ph.

Top teams Ateneo, La Salle in second-round clash

RIVALS and UAAP Season 81 women’s volleyball top teams Ateneo Lady Eagles and De La Salle Lady Spikers meet up for the second time this year in a marquee match set for Saturday at the Smart Araneta Coliseum.

The game headlines a busy weekend for the University Athletic Association of the Philippines that would see the Final Four picture take further form after everything is said and done.

League-leading Ateneo (10-1) looks to avenge its lone loss of the season so far against La Salle (8-3) and continue its impressive run of 10 straight victories.

The Lady Eagles absorbed a four-set defeat at the hands of the Lady Spikers, 25-14, 25-17, 16-25 and 25-19, on opening weekend last February where the latter showed tremendous drive and steadiness to book the win.

Kat Tolentino finished with 16 points for the Lady Eagles but it was not enough to tow her team over La Salle, which had Des Cheng (13), May Luna (11) and rookie Jolina Dela Cruz (11) all finishing in double-digits.

After that loss, however, Ateneo has channelled the unstoppable, racking up victories after victories en route to being the first to book a spot in the UAAP Season 81 Final Four.

Tolentino continues to lead the Lady Eagles in scoring with a fourth league-best 15.1-point average.

Backstopping her are veterans Maddie Madayag (12.2 points), Ponggay Gaston (8.8) and Bea De Leon (8.5).

The latest of Ateneo’s wins was a four-sets victory over the National University Lady Bulldogs on April 7.

La Salle, for its part, has won its last three matches and is angling to fortify its hold of the second spot, if not pip Ateneo for the top seed.

Cheng leads a balanced Lady Spikers attack with 11.3 points per game, followed by Dela Cruz with 10.5 and Aduke Ogunsanya with 8.4 points.

“We hope to do a repeat on them,” said La Salle coach Ramil De Jesus, whose team is coming off a 25-15, 25-18 and 25-16 win over the Adamson Lady Falcons last Sunday.

The Ateneo-La Salle second-round match is set for 4 p.m.

Meanwhile, playing in the 2 p.m. curtain-raiser on Saturday are also-rans University of the East Lady Warriors (2-9) and Adamson (1-10).

On Sunday, April 14, at the Mall of Asia Arena in Pasay City, the University of the Philippines Lady Maroons (6-6) try to stay alive in the Final Four race when they take on NU (3-9) at 2 p.m.

In the main game at 4 p.m., the University of Santo Tomas Golden Tigresses and Far Eastern University Lady Tamaraws, at joint third place with 8-4 records, shoot for the all-important win that officially books for them a spot in the semifinals. — Michael Angelo S. Murillo

ONE Championship plays Manila anew at MOA Arena; Pacio, Saruta in rematch

ONE CHAMPIONSHIP plays its Manila show anew today with its latest offering, “ONE: Roots of Honor,” at the Mall of Asia Arena.

Headlined by the world featherweight title clash between reigning champion Martin “The Situ-Asian” Nguyen of Australia and former champ Narantungalag Jadambaa of Mongolia, Roots of Honor will be the second descent of the promotion in the country this year.

Serving as co-main event is the world strawweight title rematch of champion Yosuke Saruta of Japan and Filipino Joshua “The Passion” Pacio.

The event will be in follow-up to the successful first foray in Japan by ONE two weeks ago.

Considering what is on tap for the latest Manila show, local fight analyst Nissi Icasiano said Roots of Honor should be another exciting night for local mixed martial arts fans.

“This should be a fascinating battle between one of the promotion’s most battle-hardened veterans and one of the new generation of dynamic athletes who is still reaching his prime,” said Mr. Icasiano when asked by BusinessWorld for his thoughts on the ONE event, particularly the Nguyen-Jadambaa headlining fight.

“Nguyen made history by becoming the organization’s first two-division world champion thanks to a pair of the most spectacular one-punch knockouts ever seen in ONE. Now, he has chosen to focus on his natural weight class and put all his energy into building a legacy as a legendary ruler of the featherweight division. Jadambaa plans on upsetting those plans by completing a remarkable return to the top to become the oldest world champion in ONE history. Nguyen has youth and speed on his side, but Jadambaa has the power to reclaim the crown. It is anyone’s guess as to who will emerge with their hand raised,” he added.

Mr. Nguyen (11-3) is coming off an unsuccessful foray in bantamweight, losing to Filipino Kevin Belingon in July last year.

Forty-three-year-old Jadambaa (14-5), meanwhile, is currently on a two-fight winning streak and is angling to return to the top of the division since being crowned as champion in 2014.

For the Pacio-Saruta rematch, Mr. Icasiano said the second fight should provide some clarity following a highly disputed split decision the first time around that saw Mr. Pacio lose his title.

The analyst said the protagonists could only be expected to bring it once again and churn out a more convincing outcome.

“The first meeting between Pacio and Saruta was so close — and the verdict so widely debated — that ONE big boss Chatri Sityodtong ordered the contest to be run back immediately in a bid to produce a more definitive result. It (second fight) gives Saruta the chance to cement his position as the one true king of the strawweights. Meanwhile, it offers Pacio the opportunity to reverse the outcome of the first bout and reclaim the belt he believes he did not deserve to lose,” Mr. Icasiano said.

“Though their first clash showed both men are evenly matched, they each have ways to finish. Pacio’s creative striking is backed up by a sneaky submission game. On the other hand, Saruta packs serious power in his fists, as well as the strength to force a tap on the mat if he gets the chance,” he added.

Meanwhile, other Filipinos seeing action at Roots of Honor are Team Lakay’s Edward “The Ferocious” Kelly against South Korea’s Sung Jong Lee in a featherweight clash and Eric “The Natural” Kelly versus Korean Kwon Won Il.

Strawweight Ramon Gonzales is also on tap against Japanese Akihiro Fujisawa.

ONE: Roots of Honor will be shown live over the ONE mobile app and in the Philippines over ABS-CBN S+A, beginning at 8:30 p.m., and iWant Sports. — — Michael Angelo S. Murillo

Maharlika Pilipinas Basketball League is ideal destination of second generation players

Maharlika Pilipinas Basketball League (MPBL) logo

AFTER Ray Parks and Gab Banal, two more notable second generation players might bring their wares to the Maharlika Pilipinas Basketball League (MPBL) next season.

Matthew Aquino, the 6-foot-9 son of PBA center Marlou Aquino, and Aaron Black, son of multi-titled mentor Norman Black, might become the latest second generation additions in the Maharlika Pilipinas Basketball League next season.

Mr. Aquino is set to play alongside his dad at the Bacoor Strikers, as the father and son tandem is out to make history in the fastest growing regional amateur basketball league in the country.

Chaye Cabal-Revilla, team owner of the Strikers, confirmed that they would make this happen even adding that they will make things interesting as soon as this takes place.

“We are even planning to invite Kuya Sonny Jaworski and his son, Dodot, the first father and son tandem playing together in mainstream local basketball league,” added Ms. Revilla.

The young Aquino last played for the National University Bulldogs and decided to join his dad, Marlou, in Bacoor and fulfill a historic task before his old man retires from active competition. He will join Banal, also a second generation player, who emerged as the team’s top gun and frontrunner in the MVP derby of the ongoing MPBL Datu Cup.

Gab is the son of multi-titled coach Joel Banal, who was part of the Bataan Risers team this season.

Black, who last played for the Ateneo Blue Eagles, had decided to forego his plans to return playing for his collegiate squad. With the PBA D-League Draft already over, the young player looked for other options and the MPBL, thru the Quezon City Capitals, could become the next destination.

His old man believes a shot in the MPBL is possible.

“We (the managing partner of the QC Capitals) live in the same village and Aaron was invited for a tryout. Aaron will be flying to the United States to train at IMPACT, then come back for his graduation. It’s possible that he would join the MPBL as Quezon City has expressed interest, but we’ll see what happens,” said the elder Black. — Rey Joble

Stunned LeBron James stands behind Lakers’ plan

LOS ANGELES — Count Los Angeles Lakers star LeBron James among those who were stunned by team president Magic Johnson’s resignation on Tuesday night. But according to ESPN’s Ramona Shelburne on Wednesday, James still stands behind the organization and Lakers owner Jeanie Buss.

ESPN also reported that head coach Luke Walton participated in exit meetings with the players on Wednesday. Walton’s job security is in jeopardy after the Lakers (37-45) missed the playoffs for the sixth consecutive season despite the offseason signing of James to a four-year, $154 million deal. James, 34, battled injuries and appeared in a career-low 55 games and averaged 27.4 points, 8.5 rebounds and 8.3 assists per game in 2018-19.

WADE’S FINAL GAME
Following his meeting with Walton, James headed to New York, where he, Chris Paul and Carmelo Anthony watched Dwyane Wade plays his final NBA game. The Miami Heat closed out the season against the Brooklyn Nets. After a pregame video tribute to Wade, the retiring superstar went over and hugged each of his three friends. The four have been friends for years, their bond immortalized by a photo of James, Wade and Paul riding a banana boat together while on vacation in 2015. Anthony was not in the picture but was also on vacation with the group.

SMART SIDELINED
Boston Celtics guard Marcus Smart has a torn left oblique and could miss the first two rounds of the Eastern Conference playoffs, according to a report from ESPN’s Adrian Wojnarowski.

Smart averaged 8.9 points, 4.0 assists and 2.9 rebounds this season for the Celtics, who will be the fourth seed in the East after posting a 49-33 regular-season record. Boston will open at home this weekend against the fifth-seeded Indiana Pacers. Smart, the physical guard is noted as one of the National Basketball Association’s top defenders. — Reuters

Yankees retain title of MLB’s most valuable team — Forbes

NEW YORK — The New York Yankees are Major League Baseball’s most valuable team for a 22nd consecutive year, according to the annual list published by business magazine Forbes.

The 27-time World Series champion, which has held the top spot since Forbes began tracking MLB team finances in 1998, is worth $4.6 billion, the publisher said in a statement on Wednesday.

The Los Angeles Dodgers ($3.3 billion), reigning World Series champion Boston Red Sox ($3.2 billion), Chicago Cubs ($3.1 billion) and San Francisco Giants ($3 billion) rounded out the top five.

The average MLB team is now worth $1.8 billion, an 8% increase from last year, due in large part to a continued escalation in the value of the sport’s media rights.

“The fact that Fox has agreed to pay almost 50% more for its national media deal with MLB beginning with the 2022 season shows that baseball content has significantly increased in value,” said Mike Ozanian, assistant managing editor at Forbes.Reuters