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UK trade envoy visits Bentley Manila

THE United Kingdom’s Prime Ministerial Trade Envoy to the Philippines, Richard Graham, recently visited the Bentley Manila showroom in Bonifacio Global City. He was accompanied by British ambassador to the Philippines Daniel Pruce and UK Trade and Investment director Richard Colley.
According to Bentley Manila, the officials’ appearance at the showroom was a “testament to the British Embassy’s commitment to supporting Bentley’s 100th year anniversary.”
The company added the newly inaugurated facility follows Bentley’s global corporate identity as inspired by the brand’s heritage. The showroom allows customers to personalize their Bentleys — like the Mulsanne, Bentayga and Continental GT — by choosing from among a palette of exterior colors and leather choices.

Shell Eco-Marathon marks 10th edition, returns to Malaysia

THIS year’s Shell Eco-Marathon (SEM) Asia will be held at the Sepang International Circuit in Malaysia, where it debuted in 2010.
Shell announced on Feb. 11 that the event, part of its global “Make the Future Live program,” will be held on April 29 to May 2, and will be participated in by more than 100 teams from Asia and the Middle East. Aboard self-built energy-efficient cars, competitors — composed of college students — will aim to travel the farthest using the least amount of energy.
Shell said that in the 2018 SEM Singapore edition, the winning team was able to cover 2,341 kilometers on just one liter of fuel.
In a statement, Shell Malaysia chairman Iain Lo called SEM an “inspiring event that supports Shell’s vision of sustainable mobility.”
Teams will also have the opportunity to qualify for the SEM Drivers’ World Championship, according to Shell. Introduced in 2016, the activity challenges the best Urban Concept teams to combine the proven energy efficiency of their car with the speed and skill of their driver, in a race to see who can cross the finish line first while using the least amount of fuel. Teams that qualify will go to London to compete in the finals.
The Philippines will again participate in SEM Asia, sending 16 cars from 14 universities — the second-biggest contingent after Indonesia’s 29 teams, Shell noted. The teams come from Adamson University, Ateneo de Davao University, Ateneo de Manila University, De La Salle Dasmariñas, De La Salle University-Manila, Mapua University’s Institute of Technology, National University, Pamantasan ng Lungsod ng Maynila, Polytechnic University of the Philippines — Manila, University of Mindanao, University Of Perpetual Help System-Dalta, University of San Carlos, University of Santo Tomas, and University of the Philippines — Diliman.

Are you ready for online car shopping?

One of the biggest stories in the automotive industry right now is Tesla’s announcement that it is shifting its business model in the US (and around the world eventually) to strictly online car-selling. In other words, the American electric vehicle manufacturer is shutting down its physical stores in favor of an all-encompassing digital one.
The main reason for this, according to a statement published on the company’s Web site, is so that car prices may be reduced by “about 6% on average.” The firm claims that once the system is in place, any person in America can purchase a Tesla car using just a smartphone, and that the whole process could be done in a mere minute. What this basically purports is that Tesla buyers will soon be able to buy a brand-new vehicle faster than it takes a Starbucks customer to get coffee. Or as quick as Donald Trump reportedly ejaculates.
Now, it’s not as if Tesla has a lot of conventional brick-and-mortar dealership facilities. Many of its outlets, in fact, are boutique stores found inside shopping malls. I know this because I used to frequent one whenever I visited my parents in New Jersey. So a modern car company that has already been employing a modern selling strategy seemingly can’t make it work and still needs to adopt an even more modern scheme. Which is online retail, thanks in large part to Amazon and the inherent laziness of consumers to haul their obesity out of the house to personally inspect the goods they’re spending their hard-earned money on.
But while I understand the allure of ordering groceries and books and shirts over the Internet, I don’t see the wisdom of acquiring an automobile with just your laptop and Wi-Fi connection. Just the other day, I ordered four boxes of pizza online for a client meeting. It made a lot of sense. Instead of stepping out and having to physically get the grub, my colleagues and I had more time to finish some tasks. It also meant we were present when our guests arrived, as opposed to getting stuck in traffic and arriving behind schedule for a meeting we had no business being late for (mainly because the venue was our office).
You know why ordering food online works? Because the quality is consistent. You can fully expect what you’re going to get. A pepperoni pizza is going to look and taste the same whether you buy it through the restaurant’s Website or at one of its stores. You are never going to open a box and get the surprise of your life (unless they put pasta in the box, which will only happen if they employ potheads who are constantly high). And even if you do get disappointed with what’s inside a box, what’s P400 you can always charge to experience?
A car, however, is different. It is a far more complex (and certainly far more expensive) thing than bar chow. You can stare at high-resolution images and watch high-definition videos all you want, and still you won’t be able to fully appreciate a vehicle’s total package. And I’m only referring to the tangible attributes of the car, including its dimensions, wheels, cockpit and everything else your fingers can touch. A huge part of a car’s appeal is emotional by nature. You need to see one in the metal in order to determine if it speaks to you and if you can see yourself driving it in the next five years. You can wolf down four slices of pizza in 10 minutes — the decision to get it on the Internet will not come back to haunt you in 2022.
Now, Tesla thinks it has the solution to its customers’ concern about potentially ending up with a car they don’t really like. From the above-mentioned announcement: “We are also making it much easier to try out and return a Tesla, so that a test drive prior to purchase isn’t needed. You can now return a car within seven days or 1,000 miles for a full refund. Quite literally, you could buy a Tesla, drive several hundred miles for a weekend road trip with friends, and then return it for free. With the highest consumer satisfaction score of any car on the road, we are confident you will want to keep your Tesla.”
Well, good luck with that. I can already see stockyards full of returned Tesla cars — and a gallery of disgruntled buyers demanding their money back (which I’m pretty sure the company won’t surrender that easily). Try this policy in the Philippines and let’s see how far you can go before you file for bankruptcy.
It remains to be seen whether online car-shopping will completely supplant the showroom experience we’ve all been accustomed to. With our love affair with digital devices and growing reluctance to sit in traffic, maybe it will. But it’s going to be a sad, sad day when we begin buying our cars like we order our dinner.

Peso plunges on BSP chief pick

peso dollar
THE PESO dropped after a new Bangko Sentral ng Pilipinas chief was named.

THE PESO plunged against the dollar on Tuesday, dragged by market uncertainty following the appointment of Budget Secretary Benjamin E. Diokno as the new Bangko Sentral ng Pilipinas (BSP) chief.
The local currency ended Tuesday’s session at P52.24 versus the dollar, 52 centavos weaker than the P51.72-per-dollar finish last Monday.
The peso traded weaker the whole day, opening the session at P51.80 against the greenback. It logged a peak of P51.79 and hit an intraday trough of P52.26 per dollar.
Trading volume soared to $1.483 billion from $1.094 billion the previous day.
Foreign exchange traders attributed the peso’ depreciation to the appointment of Mr. Diokno as the new central bank chief.
“The peso opened at P51.80, but that was just short-lived. It rose to as high as P51.90 within a span of 15-20 minutes. There were heavy buying in the market — it reached as high as P52.20 in the afternoon session” a trader said in a phone interview.
“Although the inflation was better than expected, this was mainly driven by the market uncertainty regarding our new BSP governor,” the trader added, noting that the dollar was also stronger overnight against a basket of major currencies.
President Rodrigo R. Duterte has chosen Mr. Diokno to replace the late BSP Governor Nestor A. Espenilla, Jr., officials announced Monday night.
Finance Secretary Carlos G. Dominguez said Janet B. Abuel, Budget undersecretary in charge of the Local Government and Regional Operations Group, will serve as the Budget department’s officer-in-charge.
UnionBank of the Philippines, Inc. chief economist Ruben Carlo O. Asuncion said the markets may have viewed the appointment of Mr. Diokno as a surprise.
“A lot were expecting an insider to be chosen. This appointment may have the market thinking of government influencing monetary policy more than usual,” Mr. Asuncion said.
“However, this may also be just a knee-jerk reaction as we will know how the new governor plans to move forward as he starts his term.”
Before markets opened, the Philippine Statistics Authority reported that headline inflation stood at 3.8% in February, slower than the 4.4% figure in January and within the 2-4% target band of the central bank.
The slowdown was attributed to tempered increases in food and non-alcoholic beverage costs, particularly rice, corn and vegetable among others.
Mr. Asuncion added that the positive inflation figure was factored in by the market, although the “bigger story was Diokno and the reaction to his appointment.”
For today, Mr. Asuncion expects the peso to move between P51.90 and P52.20 versus the dollar, while the trader gave a wide range of P52 to P52.50. — Karl Angelo N. Vidal

PSEi flat as market awaits new BSP chief’s stance

By Arra B. Francia, Reporter
THE MAIN INDEX ended flat on Tuesday as investors were surprised at the sudden appointment of Budget chief Benjamin E. Diokno as the new governor of the Bangko Sentral ng Pilipinas (BSP).
The 30-member Philippine Stock Exchange index (PSEi) slipped 0.06% or 4.85 points to close at 7,670.62 yesterday despite gains in the early morning session after the release of better-than-expected inflation data for February.
The broader all-shares index likewise dropped 0.17% or 8.07 points to 4,740.90.
“Market has been on “sell on strength” mode, and the failure to rally despite the very good inflation number is worrisome. Foreigners have been net sellers today, and I attribute that to worries over the appointment of Diokno as BSP chief,” AAA Southeast Equities, Inc. President William Matthew M. Cabangon said in a text message on Tuesday.
“We do not share this pessimistic view. Markets have been asking for a rate cut by the BSP, and believe the Diokno appointment makes this scenario more likely. We are in wait-and-see mode as more clarity surfaces on where the new BSP chief’s stance is,” Mr. Cabangon added.
Presidential Spokesperson Salvador S. Panelo confirmed Mr. Diokno’s appointment as BSP chief Monday night, replacing the late BSP Governor Nestor A. Espenilla, Jr. who died of cancer last month.
Foreign investors exited the market on Tuesday, logging net sales of P1.28 billion versus a net inflow of P80.52 million in the previous session.
The PSEi’s decline came amid the Philippine Statistics Authority’s report that headline inflation slowed to 3.8% in February, near the lower end of the BSP’s estimate of 3.7-4.5% last week and within the 2-4% target for the year.
“This should have come as extremely good news however the main index ended in the red today… Despite the good news, investors continue to be scarce and wait on the sidelines. Foreign selling also weighed the market down today,” Eagle Equities, Inc. Research Head Christopher John Mangun said in an e-mail on Tuesday.
Mr. Mangun expects good corporate earnings, a stronger currency, and slowing inflation to push the market higher in the following days.
Sectoral indices were equally split between gainers and losers. Leading the advance was the services counter, which jumped 1.14% or 17.41 points to 1,536.10. Financials rose 0.17% or 2.92 points to 1,704.65, while holding firms added 0.07% or 6.13 points to 7,723.97.
Property dropped 0.81% or 31.97 points to 3,907.74. Mining and oil fell 0.75% or 61.37 points to 8,088.05, and industrials went down 0.06% or 7.66 points to 11,357.13.
Some 3.55 billion issues valued at P6.62 billion switched hands yesterday, slightly higher than Monday’s P6.21 billion. Excluding block sales, turnover would have been lower at P5.19 billion.
Decliners swamped advancers, 115 to 89, while 46 names were unchanged.

Palace: Information on narco-list from foreign states

By Arjay L. Balinbin Reporter
and Vince Angelo C. Ferreras
PRESIDENTIAL Spokesperson Salvador S. Panelo on Tuesday admitted that foreign countries are providing the Philippine government with “wiretapped” information on politicians in the Philippine government’s “narco-list” and on other criminal activities they may be involved in.
Meanwhile, the Philippine Drug Enforcement Agency (PDEA) said on Tuesday that 64 of 82 narco-politicians on the list are seeking reelection in this year’s midterm elections.
In a press briefing on Tuesday, Mr. Panelo said the Department of the Interior and Local Government (DILG) will release the narco-list next week.
The government, he also said, will be “filing administrative and criminal charges against those [individuals] in the list.”
Mr. Panelo was also asked if law enforcement agencies are wiretapping drug suspects. He replied that the Philippine government has no capability to wiretap suspected criminals.
“Kahit nga si Presidente sinabi niya, ‘Oo alam ko, kaya ko nalaman iyan dahil may nag-provide’ — not necessarily sila ha, not necessarily law enforcement agencies natin, kasi I don’t think we have the capability. Wala tayo ‘nun eh,” he said. (Even President Rodrigo R. Duterte himself said he knows of such activities because he was provided with information, not necessarily by our law enforcement agencies because I do not think we have the capability. We do not have that).
He added: “Ang mga nag-po-provide sa atin mga… sa ibang bansa eh. Ang magagaling diyan Israel, magaling diyan America, Russia, China.” (Those who are providing us with information are other countries that are good at it like Israel, America, Russia, and China).
“In other words, they provide us with the information. Kung tayo lang, eh wala, kopong-kopong pa yata iyong mga instrumento natin eh.” (Nothing will happen if we do it on our own, because maybe our instruments are outdated).
Sought for comment, lawyer and Ateneo School of Government senior research fellow Michael Henry Ll. Yusingco said via e-mail: “The duty of government is to protect its citizens. After knowing that foreign governments have spied on Filipinos, the administration’s only acceptable response is a loud and forceful protest. Anything short of this is a betrayal of their constitutional obligation to protect all citizens of this country.”
“Furthermore, any information gathered from an illegal wiretap, whether by our government or a foreign entity, is inadmissible evidence. If such information is the basis of the purported narco-list, then the criminal cases to be filed against those on the list have very weak legs to stand on,” he explained.
With Mr. Panelo’s disclosure, Mr. Yusingco also said, “releasing the narco-list could open the administration to lawsuits.”
For his part, PDEA chief Director General Aaron N. Aquino told reporters that the 82 politicians on its list are in the local level.
“I think it’s 64 [of the 82]. They filed their CoCs [Certificates of Candidacy] and the remaining 18 decided not to file,” Mr. Aquino told reporters at the PDEA headquarters in Quezon City on Tuesday.
He added, “Sabi ko 82 lang ‘yan (I said it’s only 82), but I personally know na (that) there are more, marami pa kaming politicians na nasa drug information system namin (there are many more politicians in our drug information system), but (the initial list) serves just as a watchlist, it still needs to be validated.”
Malacañang on Monday maintained that releasing the so-called narco-list will guide voters in the upcoming midterm elections, amid admonitions by the Commission on Elections that such a list is tantamount to negative campaigning.
Mr. Aquino, for his part, said, “I don’t want the list to be revealed or to be disclosed. Ayan ‘yung statement ko mula pa noong umpisa, hindi pa nagkakaroon ng filing of COC (That’s my statement since the very beginning, even before the filing of CoC started).”
“But again, if ordered by the President that the list be revealed then I should abide (by) it. I think hindi binigay sa PDEA ‘yung authority to disclose the list but it’s with the SILG [Secretary of Interior and Local Government] yata,” Mr. Aquino said. (I think’s it’s not given to PDEA’s authority to disclose the list but perhaps it’s with the SILG).

Duterte approves order on transition for MILF armed units

MALACAÑANG ON Tuesday said President Rodrigo R. Duterte has approved the proposed executive order for the implementation of the next plan for the newly-established Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), which includes the disarming of private armies and former rebels in the area.
“The Chief Executive during the…Cabinet Meeting [last Monday] approved the proposed Executive Order on the Implementation of the Annex on the Normalization under the Comprehensive Agreement on the Bangsamoro between the Government of the Philippines (GPH) and the Moro Islamic Liberation Front (MILF), which was led by Presidential Adviser on Peace, Reconciliation and Unification Secretary Carlito Galvez, Jr.,” Presidential Spokesperson Salvador S. Panelo said in a statement.
The Annex on Normalization is the last of the four annexes to the Framework Agreement on the Bangsamoro (FAB). “Normalization” means the beginning of an end of conflict or war between the state and an armed group.
The Annex states that the police force for the Bangsamoro “shall be professional, civilian in character, effective and efficient in law enforcement, fair and impartial, and accountable under the law for its actions.”
The police force, it also says, “shall be responsible both to the Central Government and the Bangsamoro Government, and to the communities it serves.”
The Annex states that there shall be an Independent Decommissioning Body (IDB) that will oversee the process of decommissioning of the MILF forces and weapons.
The national government, for its part, “shall redeploy Armed Forces of the Philippines (AFP) units and troops from or within the Bangsamoro, consistent with a normal and peaceful life and the progress in the other aspects of normalization.”
“There shall be coordination between the Central Government and the Bangsamoro Government in the movement of the AFP in the Bangsamoro region. In the exercise of this coordination, protocols shall be established by the Central Government and the Bangsamoro Government.”
As for the disbandment of private armed groups, the document states that “appropriate approaches or methodologies” should be applied by both the GPH and the MILF through the Joint Normalization Committee (JNC).
To facilitate the healing of the wounds of conflict and the return to normal life, the Annex says that the Central Government “shall take immediate steps through amnesty, pardon and other available processes towards the resolution of cases of persons charged with or convicted of crimes and offenses connected to the armed conflict in Mindanao.” — Arjay L. Balinbin

Lorenzana: Ambiguity in MDT will cause ‘confusion’

By Vince Angelo C. Ferreras
DEFENSE SECRETARY Delfin N. Lorenzana reiterated his call for a review of the 1951 Mutual Defense Treaty (MDT) between the Philippines and the United States as the treaty has ambiguities that may cause “confusion and chaos.”
“I do not believe that ambiguity or vagueness of the Philippine-US Mutual Defense Treaty [MDT] will serve as a deterrent. In fact, it will cause confusion and chaos during a crisis,” Mr. Lorenzana said in a statement on Tuesday, March 5.
Last week, Foreign Affairs Secretary Teodoro L. Locsin, Jr. said in a joint briefing with his visiting US counterpart, Michael R. Pompeo: “Some seek the review of the MDT. This requires further thought. In vagueness lies uncertainty, a deterrent. Specificity invites evasion and actions outside the MDT framework. But too much vagueness lends itself to doubt the firmness of commitment. For the time being, helping the Philippines build up our self-defense capacity should do it.”
For his part, Mr. Lorenzana said, “The fact that the security environment now is so vastly different and much more complex than the bipolar security construct of the era when the MDT was written necessitates a review of the Treaty.”
Mr. Lorenzana also said regarding Mr. Pompeo’s assurance of US support in an attack on the Philippines in the South China Sea: “It is not the lack of reassurance that worries me. It is being involved in a war that we do not seek and do not want.”
He added, “The Philippines is not in a conflict with anyone and will not be at war with anyone in the future. But the United States, with the increased and frequent passage of its naval vessels in the West Philippine Sea, is more likely to be involved in a shooting war. In such a case and on the basis of the MDT, the Philippines will be automatically involved.”

SC asked to stop LEB-led law school admission test

LAWYERS and aspiring law students have petitioned the Supreme Court (SC) to abolish the Legal Education Board (LEB) and its conduct of the nationwide law school admission exam, asserting that it should be the SC that should be holding it.
During the oral argument Tuesday, Karla Marie T. Tumulak, legal counsel for a second group of petitioners, said administering national law school admission tests should be under the SC as it is “within the powers of the SC to promulgate rules concerning to the admission to the practice of law.”
“We understand that there might be other matters the SC is busy with. We submit, Your Honor, the SC currently has a committee on legal education and bar matters, Your Honor, and the problem that we see here is precisely the fact that the LEB under Republic Act 7662 is an entity which is not answerable to this court,” she said.
However, Associate Justice Jose C. Reyes, Jr. said the examination might be done twice a year on top of the bar examinations. “Are you not making it difficult (for) the Supreme Court which is principally engaged in adjudication and then we have bar exams once a year.”
“Maybe this honorable court perhaps creates a body that will possibly conduct the administration of the exam, Your Honor,” Ms. Tumulak said.
Baldomero C. Estanzo, also legal counsel for the petitioners, said it should only be the SC or thr law schools themselves that should conduct the admissions test.
However, Associate Justice Francis H. Jardaleza challenged him on the point that the SC may impose the same payment and limited testing centers.
“I’m sure, your honor, that the court will not do that because the Supreme Court is fair, just, and equitable,” Mr. Estanzo said in response.
“It seems to me…there is a disconnect, distrust (in) the way the LEB did this. But as they say, be careful what you pray for. If you ask the court to be the one to exercise the power, you also don’t know among these 15 magistrates, they may have standards, for example, higher than the LEB. So I have a problem with that,” Mr. Jardaleza said.
The case stemmed from the petitions filed by retired Makati regional trial court Judge Oscar B. Pimentel, along with several others including lawyers and aspiring law students, on April 7, 2017. That petition was later consolidated with a subsequent petition filed in November 2018 by students. — Vann Marlo M. Villegas

PCSO admits jueteng operations still on

THE PHILIPPINE Charity Sweepstakes Office (PCSO) admitted on Tuesday the continued operation of illegal numbers games, popularly referred to as jueteng, during the joint hearing of the House Committees on Games and Amusement and Public Accounts. “There’s still jueteng,” PCSO Chairman Anselmo Simeon P. Pinili said on Tuesday, when asked by Antipolo City-2nd district Rep. Romeo M. Acop. Mr. Acop deemed this as the reason for the decline in the collection of PCSO from small town lotteries (STL). “I think jueteng is coming up with a vengeance. And that’s the reason why the amounts being given to the PCSO from the collections of the ASAs (Authorized STL Agents) have gone down,” Mr. Acop said. The PCSO said ASAs that do not reach their collection target are terminated, a policy that the panel said may further proliferate illegal gambling. In response, Mr. Pinili said, “We are now coordinating with the Bureau of Internal Revenue that we have to have an official written receipt in all transactions, and after that we will also push our reinforcement agencies to go after those in the illegal numbers game. We are trying to solve our problem, but it’s a work in progress.” — Charmaine A. Tadalan

DoH calls for pet vaccination as it aims for a rabies-free Philippines

THE DEPARTMENT of Health (DoH) is aiming for a rabies-free Philippines over the next decade and has called on all owners to have their pets vaccinated. In a statement on Tuesday, DoH Secretary Francisco H. Duque III said, “Prevention is key in eliminating the rabies disease. 99% of all rabies transmissions to humans are from dogs. Be a responsible pet owner and vaccinate your pets. This is the most cost-effective strategy to prevent rabies.” DoH noted that 59,000 deaths are attributed to rabies globally, with the Philippines having at least 200 a year. The DoH just launched its anti-rabies campaign in line with March being Rabies Awareness month. The program will be assisted by the Department of Agriculture, Department of Interior and Local Government, local government units, and the private sector. Mr. Duque said, “We have made great strides in eliminating rabies particularly in the Visayas region where a number of provinces were declared rabies-free. Let us continue this positive trend and work together towards completely eradicating this deadly disease. It is my hope to declare Philippines a rabies-free country by 2030.” — Gillian M. Cortez

BI gets new gadgets for faster OFWs e-card validation at NAIA

THE BUREAU of Immigration (BI) has received new gadgets from the Overseas Workers Welfare Administration (OWWA) that would expedite the processing of departing overseas Filipino workers (OFWs) at the Ninoy Aquino International Airport (NAIA). In a press statement, BI Port Operations Division Chief Grifton SP. Medina said the six tablets and six bar code readers from OWWA will be used by BI personnel at NAIA to check the authenticity and validity of OWWA e-cards presented by departing OFWs. The OWWA e-card serves as an exit clearance for OFWs, and also allows faster availment of OWWA services. Mr. Medina said the gadgets will be used to conduct pre-screening of departing OFWs. “This means that we will be able to detect immediately if an e-card is not valid, even before they reach the immigration counter,” he said. Mr. Medina noted that there were instances that OFWs were victimized by syndicates and were caught with fake or invalid overseas employment certificates. — Vann Marlo M. Villegas