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Captain America

It’s a reflection of how favored the United States was heading into the 2018 Ryder Cup that its lopsided loss continues to be dissected in golf circles. One and a half weeks have passed since Team Europe won pulling away, claiming all but the first session of the competition and, in the process, underscoring the fact that having great players on a team does not necessarily make a great team — especially absent the camaraderie and esprit de corps protagonists lean on to pull through under pressure.
For Team USA captain Jim Furyk, it certainly hasn’t helped that his own charges place the loss in an altogether different perspective. The popular narrative for the old red, white, and blue following a successful challenge at Hazeltine two years ago had the task-force setup as an important ingredient to success. It was claimed to have influenced not just the composition of the 2018 squad, but the all-important pairings for the four-ball and alternate-shot matches.
In the wake of the stinging defeat, however, erstwhile Ryder Cup hero Patrick Reed threw shade on both the system and his skipper, pointing to faulty decision making as the cause of his poor showing. Other members of Team USA made sure to hold a contrary view, with veteran Phil Mickelson — who has competed in the biennial event a record 12 straight times — noting the unparalleled level of closeness they displayed in Paris, the result notwithstanding.
Furyk himself chose to stay silent — until, that is, he agreed to sit down with Golf Channel’s Tom Rosaforte over the weekend to shed more light on the US’ failings. Even as he took full responsibility for the setback, he saw fit to dispute Reed’s contentions during the interview. And from the outside looking in, what proved striking was not what he said, but how he said it. There was none of the adversarial stance that “Captain America” took. Instead, there was only acceptance of the outcome, and of his role in it.
Considering how Reed threw Furyk under the bus, the latter could have dug in and fought fire with fire. He didn’t. And he not only took the high road. In fact, he insisted that “I’d take those 12 players into the fire any day, on any course … Last week didn’t work out the way we wanted, but I love those guys and I love what we had together in the team room. And I’d do it all over again.” Enough said.
 
Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

Making the (up)grade: Vespa unveils new Primavera and Sprint

Text and photos by Kap Maceda Aguila

AMID skyrocketing fuel prices and monstrous traffic, now’s a good a time as any to consider traveling on two wheels instead of four. That’s according to MotoItalia Philippines head Willy Q. Tee Ten. He has a point. “We never expected Vespa to grow this big… Today, we have 17 dealerships and we’re not going anywhere but up,” he said on Oct. 3 during the launch program for the updated versions of the Vespa Primavera and Sprint.
MotoItalia Philippines is the authorized local distributor and service provider of the iconic Italian scooter maker.
Added MotoItalia Philippines group general manager Miguelito L. Jose; “Vespa has always been keen on detail, performance and service — driving generations of young people for over 70 years. One of the most important models in this long story is certainly the Vespa Primavera. On the other hand, we have the Sprint, which is the ideal Vespa for anyone who wants to ride around town in style and on something dynamic.”
PRIMAVERA
The Vespa Primavera celebrates its 50th anniversary with key changes in style and features. One of the “most spectacular commercial successes” in the brand’s history continues to boast familiar attributes: “young, innovative, technologically avant-garde, agile and dynamic, and environmentally friendly,” even as it moves forward to be a “modern bike.”
For starters, the new iteration receives bigger wheels — 12-inch aluminum alloys (the largest ever in the Vespa’s history), with a new five-spoke design. The company says these promise heightened stability, safety and “holding” on all surfaces and road conditions. Additionally, the Primavera now features LEDs on both the head light and the rear lamp.
The new version also gets a unique “tie” feature on its front and chrome crest on the front mudguard. Powering it is Vespa’s latest-generation 150 cc, four-stroke engine with three valves per cylinder. The system delivers 12.7 hp at 7,750 rpm, and 12.8 Nm at 6,500rpm.
Priced at P185,000, the Primavera also accommodates customization. The top box — painted in the same color as the bike, and can hold a full-face helmet — can be finished with a backrest. A chrome-plated base upon which the top box is mounted can also be used as a luggage rack. The anti-chip methacrylate windscreen can be customized with the Vespa logo. A top fairing (available as transparent or tinted) can also be fitted; same with chrome-plated front and rear luggage racks, and front, side and rear chrome mudguards. An internal top box bag, side stand, outdoor cover, and indoor cover, and rubber matting are additional accessories that can be had. Anti-theft features are available.
SPRINT
Bannered as the “youngest and sportiest Vespa,” the Sprint (priced at P205,000) has its beginnings in the 1960s as a new batch of these two wheelers “invaded European roads.” Small, quick, agile, and modern, the Sprint then (as now) was conceived to appeal to a more youthful set of riders. It directly descends from models such as the SS 90 or the Primavera ET3.
Predicated on a small and light body made entirely of steel, this Vespa is distinguished by a rectangular head light and dynamic styling. Like the Primavera, the new Sprint now boasts 12-inch wheels, and swaps its old lighting system with LEDs for both the head light and rear assembly. It also earns a similar “tie” feature on front.
A top box can also accommodate a full-face helmet, and can be finished with a backrest covered with the same material as the seat. A chrome-plated base where the top box is mounted similarly doubles as a luggage rack. As with the Primavera, the new Sprint sports a methacrylate windscreen customized with the Vespa logo. It can likewise be fitted with a top fairing, chrome-plated front and rear luggage racks, front side and rear chrome mudguards, internal top box bag, side stand, and indoor and outdoor vehicle covers. Theft-proof features are also offered.
The Sprint is powered by a four-stroke, three-valve electronic-injection engine. The 155 cc power plant serves up 12.7 hp and 12.8 Nm.

Mitsubishi Eclipse Cross gets design award

THE Mitsubishi Eclipse Cross compact SUV has won a spot in Good Design Award 2018. Mitsubishi Motors Corporation said the organization behind the awards, the Japan Institute of Design Promotion, cited the Eclipse Cross’ “bold wedge profile” as “very striking,” and that one can clearly see the attention to detail the model received.
The car maker explained the Eclipse Cross is a “fusion of sharp coupe looks and dynamic SUV mobility with signature Mitsubishi styling and performance.”
The Good Design Award has been the sole comprehensive design evaluation and commendation system in Japan. It was founded in 1957 as the Good Design Product Selection System (or G Mark System). In the 60 years since, it has given out 45,000 G Mark awards.

That energy boost: The refreshed Ford EcoSport shows why small but powerful is best in our country roads

Text and photos by Aries B. Espinosa

WHAT more does this pioneering subcompact SUV need to prove, when in all these four years since its introduction, the model has consistently led in the category’s sales, peaking at a remarkable 50% share in 2017?
Apparently, the Ford EcoSport isn’t done yet pulling off neat tricks to reel in more fans of the mini SUV. This time, the model comes out with two guns blazing — the EcoSport powered by the 1.5-liter TiVCT (for Twin Independent Variable Camshaft Timing) engine mated with either a new six-speed A/T or a five-speed M/T, and the new 1.0-liter EcoBoost engine paired with a six-speed A/T.
After the launch of these two new models on Aug. 29, Ford Philippines organized a group ride-and-drive on Sept. 25 and 26 to highlight the design, new cabin features, handling, and power of the two EcoSport variants.
For this trip, FGP chose a route that would bring out the best attributes of both the 1.5-liter TiVCT and 1.0-liter EcoBoost: The south Luzon expressway to test for fuel economy at highway speeds, and the narrow, twisting interior roads leading to and from the coastal town of Laiya in Batangas province to test for handling and ride quality on unpaved roads, as well as engine response in stop-and-go traffic and when overtaking.
Though I must say the 1.5-liter TiVCT engine held its own in the handling, ride quality, and comfort factors, it was what Ford claims its most technologically advanced engine ever, the 1.0-liter EcoBoost and its direct fuel injection technology and variable camshaft timing with turbocharger, that was the more athletic one. True, the difference in power was completely negligible (119 hp versus the EcoBoost’s 123 hp), but it was the 170 Nm maximum torque of the EcoBoost (versus the 150 Nm of the 1.5-liter) that brought out the “woot-woot!” from both driver and passengers.
The subcompact SUVs’ size was also ideal in negotiating the narrow, winding roads of southern Batangas province. The suspension and handling were also remarkable, the EcoSport exhibiting a firm grip even on the dirt roads.
Toying with the EcoBoost’s “power surge” certainly primed up the ride-and-drive participants for an afternoon of fun physical challenges outside of the vehicles, at an adventure park in Laiya.
Despite a punishing run with moderate traffic in the town centers, and with three passengers on board loaded with luggage, our EcoBoost variant still yielded a satisfying fuel mileage result of 12 kilometers per liter.
Bertrand Lessard, Ford Philippines managing director, joined the group and solicited feedback from the participants. Understandably, praises were heaped on the EcoBoost. Mr. Lessard stressed that both variants has its own charms, and that both “combined quality design, rugged capability, best-in-class features, superior fuel economy, and great value for money, all into a single and fun vehicle.”
The new Ford EcoSport prices are: P1.168 million for the 1.0L EcoBoost Titanium A/T; P1.028 million for the 1.5L Trend A/T; P968,000 for the 1.5L Trend M/T, and; P918,000 for the 1.5L Ambient M/T.

Special variants of Honda CR-V, Mobilio, Civic can now be ordered

CUSTOMERS can now order the limited-edition variants of the Honda CR-V, Mobilio, and Civic at Honda Cars showrooms. Deliveries will start in November.
Honda Cars Philippines, Inc. (HCPI) explained the special variants come with sporty and stylish enhancements.
The limited edition CR-V Touring Diesel 9A/T will have a new grille, running board, rear bumper protector and exhaust pipe finisher, along with a Touring Edition emblem. The Mobilio 1.5 Premium CVT will come in a White Orchid Pearl paint color, a shark-fin antenna, exhaust pipe finisher, and a Premium Edition Emblem.
Only 100 units of the Mobilio 1.5 Premium CVT will be available. It sells for P968,000. The Civic RS Turbo CVT Limited Edition will be offered in a Brilliant Sporty Blue color, with only 30 examples to be sold at a price of P1.576 million.

Are car shows still relevant these days?

The first international motor show I ever attended was the 1997 Tokyo Motor Show (TMS) — yes, more than two decades ago, if you’re fond of math. Let’s just say I caught the auto-show scene right at the start of the digital revolution. There was already Internet at the time — there was also e-mail — but the motoring press still preferred to cover the car show the old-fashioned way (read: with the help of analog cameras and bulky press kits). In fact, the TMS organizers even offered free courier service so international journalists could send dozens of their press materials back home.
At the time, on the first of two press days, the venue was packed to the brim with editors and writers and photographers from all over the world. Because then, these media practitioners were the messengers of exciting news (and glossy images) to car fans around the planet. If a petrolhead in Manila wanted to see the latest metal from the Japanese automakers, he had to buy his favorite car magazine or — if he’s parsimonious — check out the motoring section of the household newspaper. Like I said, there was already Internet at the time. But as the data bandwidth then was pathetically inadequate, Web sites looked basic and their photos appeared borderline grainy by today’s standards.
As the Internet progressed and the kind of media that could be served to audiences improved by leaps and bounds, so did our coverage of the motor shows. Press packs gave way to CDs; CDs gave way to thumb drives; thumb drives gave way to just Web site links. Companies soon realized that they could play a much bigger role in the narrative if they simply provided the articles, the photographs and the videos.
And so the so-called “media sites” grew in prominence. Even non-journalists can now access these sites if they’re crafty and imaginative. Once inside these sites, an amateur blogger has access to a buffet of content that looks more polished than anything the professional news producers can come up with. The weirdest thing about all of this? It’s the fact that a potbellied troll is now able to broadcast a freshly unveiled automobile on social media at exactly the same time as the mainstream media outlets. It is not uncommon these days to see the world’s leading motoring media titles getting “scooped” by small, independent bloggers when it comes to car launches — to think that the former have representatives on the show floor, and the latter just sit lazily at home (while probably also watching porn on one of the browser tabs). I’ve certainly seen this happen to me a couple of times (as a member of the first group, if you must ask).
The question among journalists: Is it still worth personally covering car shows in faraway places when everything is available online anyway?
The question among car brands: Is it still worth spending millions on car shows when more and more people are just happy to browse photos and watch videos online?
Let’s take the once-mighty Detroit Auto Show, for instance. This year, the leading European brands have already signified their intent to skip the event in 2019. Car makers like Audi, BMW, Ferrari, Jaguar, Land Rover, Maserati, Mercedes-Benz, Mini, Porsche, and Volvo have all apparently decided that the leading motor show in the United States is no longer worth participating in. And who can blame them? Their customers no longer make their purchase decision at these events — they do so in front of a laptop or while holding a smartphone. And with such social media platforms as Facebook, Twitter, and Instagram now allowing car brands to reach out directly to their target market, the logic behind auto shows is getting harder and harder to defend during budget meetings.
So, is the car show dead?
Not really. I think the smaller, market-specific ones will continue to thrive. The biennial Philippine International Motor Show (PIMS) that’s happening on Oct. 24-28 at World Trade Center is an example. With this year’s edition adopting the theme “Future Mobility,” PIMS aims to show the Filipino motoring public some of the latest automotive technologies on offer today. And because seeing shiny new cars in the metal is still a lot more fun than scrolling through a Web page, I expect throngs of visitors to flock to the venue. After all, our car market is still at the point where people marvel at premium vehicles.
What is clearly in the throes of death is the international motor show, which requires a round-trip plane ticket in order for fans to experience it. The local or domestic car show, on the other hand, still has a lot of good mileage in it. I know I’ll drive 10 kilometers and pay P100 to see sleek wheels. I hope you will, too.

NTC sued over alleged “money making schemes” in third telco search

By Mariel Aguinaldo, Online Reporter
NOW Telecom, an affiliate of local telecommunications, media, and technology company NOW Corporation, filed a case against the National Telecommunications Commission (NTC) on October 8. This is over claims of legal violations in the New Major Player Terms of Reference by NTC and the Department of Information and Communications Technology (DICT).
Earlier this year, DICT announced that they would be naming a new major player for telecommunications with the objective of stimulating competition in the industry. With the September 21 release of the terms of reference, NOW Telecom pointed out new requirements such as a P700 million “participation security” which they claim were not only not discussed during public hearings but also violated existing laws.
“NOW Telecom is suing NTC to protect the interest of its public shareholders and President Rodrigo Duterte from any suspicion that he is complicit to the money making schemes in the [terms of reference] for the third telco,” said Mel V. Velarde, president and CEO of NOW Corp.
Mr. Velarde also said that NOW Telecom prefers that, come Nov. 7, Mr. Duterte were the recipient of the bidding documents and final decision maker for the third telco, not the NTC.

Grab partners with Microsoft, adopts Azure cloud platform

Grab to launch new services in Cebu
LEVERAGING Microsoft’s expertise in fields such as big data and artificial intelligence “will transform the delivery of everyday services and mobility solutions in Southeast Asia,” said Grab President Ming Maa. — BW FILE PHOTO

By Anna Gabriela A. Mogato
TRANSPORT network company GrabTaxi Holdings Pte. Ltd has just partnered with Microsoft Corp. to improve their digital services in Southeast Asia.
In a press statement on Tuesday, Grab announced it has entered into a five-year agreement with Microsoft, with the transport network company set to utilize Microsoft Azure as its cloud computing platform.
While no exact amount was specified, Microsoft’s investment in Grab was said to see both parties collaborate on a broad series of technology projects.
Grab president Ming Maa said that making use of Microsoft’s expertise in fields such as big data and artificial intelligence, “will transform the delivery of everyday services and mobility solutions in Southeast Asia.”
“As a global technology leader, Microsoft’s investment into Grab highlights our position as the leading homegrown technology player in the region,” he added.
“We look forward to collaborating with Microsoft in the pursuit of enhancing on-demand transportation and seamless online-to-offline experiences for users.”
Peggy Johnson, executive vice president of Microsoft, said this strategic partnership “opens up new opportunities to innovate in both a rapidly evolving industry and growth region.”

Muted foreign interest in 3rd telco slot

By Denise A. Valdez
Reporter
FOUR LOCAL FIRMS and only one foreign company, Norway’s Telenor Group, firmed up their interest in participating in the auction for the country’s third major telecommunications service provider by purchasing the bid documents on Monday — the first day of its availability.
Representatives from businessman Dennis A. Uy’s Udenna Corp., Telenor Group, Now Corp., a consortium of Davao-based TierOne Communications International Inc. and former politician Luis “Chavit” C. Singson’s LCS Group of Companies, as well as an unidentified local company, bought the bid documents at the National Telecommunications Commission (NTC) office in Quezon City.
“Actually we were just thinking four or five would be competing. But I think we would have more,” NTC Commissioner Gamaliel A. Cordoba said in a briefing.
Mr. Cordoba said he was surprised that five companies have already bought documents on the first day, while some who have been “very vocal” about their interest have not done so yet.
“We’re surprised na ganoon karami [that it was that many], because we were just thinking ang sasali [those who would join] would be four to five,” he added.
However, the muted interest from foreign firms comes after Information and Communications Technology Acting Secretary Eliseo M. Rio, Jr. previously said China Telecom, South Korea’s KT Corp. and LG Uplus Corp., and Vietnam’s Viettel Telecom are keen on participating in the bidding.
Telenor, the incumbent telecom operator in Norway, is looking for a local partner to boost its bid. Late last month, Shanshil Ahmed Shibly, deputy director for regional operations of Telenor subsidiary Grameenphone, said the company is in talks with potential local partners.
However, the NTC is hopeful more firms will come forward. Bid documents can be purchased online or at the NTC office for P1 million until the deadline for submission of bids on Nov. 7.
“The selection documents are composed of information on the Philippine market, DICT’s (Department of Information and Communication Technology) national broadband plan, and instruction to participants which include everything they have to do and follow to submit their selection documents,” Mr. Cordoba said.
Meanwhile, Philippine Telegraph and Telephone Corp. (PT&T) confirmed in a text message that they have downloaded the bid documents from the NTC website, but will make the payment at the NTC next week.
“We have downloaded the bid documents,” PT&T President James G. Velasquez told BusinessWorld.
Aside from TierOne, PT&T and Now Corp., Mr. Rio previously identified Converge ICT Solutions, Inc., Transpacific Broadband Group International, Inc. (TBGI) and EasyCall Communications Philippines, Inc. as the local companies keen on becoming the third telco.
The government’s initiative to attract a third telco player comes at the request of President Rodrigo R. Duterte, who wants to break the duopoly of Globe Telecom, Inc. and PLDT, Inc.
After the opening of bid documents on Nov. 7, Mr. Cordoba said it would be able to identify the bidder with the highest level of commitment shortly after. The “provisional winner” will then be given 90 days to finalize its business and roll-out plans, among other requirements.
Mr. Rio earlier assured that the third telco will be named before Christmas.
Although buying bid documents comes at no restrictions, eligible participants are only those with a congressional franchise or pairs with a company that has one, have a paid-in capital of at least P10 billion, have experience as a nationwide telco provider for the last 10 years, and have no outstanding liability to the NTC as of Oct. 1. It also cannot be affiliated with Globe or PLDT.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls.

Power rates to go down in October

TYPICAL HOUSEHOLDS can expect their monthly electricity bill to go down by P19 in October after distribution utility Manila Electric Co. (Meralco) announced on Monday another cut in the overall rates due to a reduction in power generation charges.
“We are pleased to announce that despite prices of other basic goods and commodities generally going up, Meralco customers can find some relief in the decrease of power rates these past two months, as this goes against the current trend that we see with other products,” said Joe R. Zaldarriaga, Meralco’s spokesperson and head of its public information office.
Meralco said the overall electricity rates once again went down, with this month’s reduction placed at P0.0966 per kilowatt-hour (/kWh) to P9.9766/kWh from P10.0732/kWh in September.
The decrease means 200-kWh households, which account for the bulk of residential customers, will enjoy a P19.32 cut in their power bills while those consuming 300 kWh, 400 kWh and 500 kWh will see a reduction of P28.98, P38.64 and P48.30, respectively.
Publicly listed Meralco said the lower power supply agreement (PSA) charges brought down the generation charge for the month.
For October, the generation charge fell by P0.0811/kWh to P5.1908/kWh from P5.2719/kWh last month.
The company said the decrease was mainly because of a P0.2790/kWh decline in the charges of PSAs. This was despite the weakening of the peso against the US dollar and the scheduled maintenance shutdown of the first unit of the Sual plant.
The Sual plant started its outage on Aug. 31, but the cost of power from power supply contracts dropped because of the higher dispatch of the Masinloc and Ilijan power plants. The share of PSA purchases to Meralco’s requirement for the month was 36%.
With the lower PSA charges, the increase in the cost of power at P0.0414/kWh from independent power producers (IPP) due to the weakening peso was offset. Meralco said the share of IPP purchases to its total requirement in October was at 41%.
Meanwhile, the cost of power from the wholesale electricity spot market (WESM) also went up although only at P0.2981/kWh. The rise was because of the lower availability of power plants in the Luzon grid. WESM purchases accounted for 23% of Meralco’s requirement for the month.
Other charges slipped except transmission charge, which rose by P0.0111/kWh for residential customers after higher ancillary service charges of the National Grid Corporation of the Philippines (NGCP). Taxes and other charges dropped by P0.0266/kWh in October.
“Meralco’s distribution, supply, and metering charges, meanwhile, have remained unchanged for 39 months, after these registered reductions in July 2015,” the utility said as it reiterated that it does not earn from pass-through charges, such as the generation and transmission charges.
Payment for the generation charge is remitted to the power suppliers, while payment for the transmission charge goes to privately owned NGCP.
Taxes and other public policy charges, including the feed-in tariff allowance or FiT-All, are remitted to the government.
Shares in Meralco fell by P14.40 or 4% to close at P341.60 each on Monday.
Meralco’s controlling stakeholder, Beacon Electric Asset Holdings, Inc., is partly owned by PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star Group, which it controls. — Victor V. Saulon

House Speaker Arroyo to count on rapport in last big role in PHL politics

By Ricky S. Torre
Associate Editor
IN WHAT MAY be the last chapter of a long and complicated political career, House Speaker Gloria Macapagal-Arroyo aims to fulfill what she regards as her mission now, or “our objective…to push for the President’s legislative agenda.”
She will be counting on what she says is the “very good” and “constructive” relationship between the two chambers of Congress (after the political tensions under Pantaleon D. Alvarez’s speakership) as well as between the House of Representatives and Malacañang.
But politics is an unstable theater, and the former Philippine president may still run into controversy — a familiar facet in her decade-long tenure in Malacañang — in what should be her brief term as House Speaker which ends before next year’s midterm elections.
A lot of work needs to be done in that short time left. Two crucial measures being tackled on her watch are the national budget for next year and the tax reform packages being pushed by President Rodrigo R. Duterte.
“The House will certainly do all it can, and I am optimistic we will have a good result,” Ms. Arroyo said in an e-mail reply to questions sent by BusinessWorld. “So I remain optimistic that the legislative branch will deliver on the tax reform packages.”
STRONG PERSONALITIES
Yet the rapport between Congress and the Executive that Ms. Arroyo is counting on to pursue Mr. Duterte’s agenda can be disrupted by the strong personalities of all concerned, the Speaker herself in particular.
Recently, Ms. Arroyo became openly confrontational in one hearing, as she took issue with Finance Secretary Carlos G. Dominguez’s articulation of policy by text that the mining tax reform was not his, but her priority instead.
Until then, Ms. Arroyo’s relations with the President’s economic managers had been civil at best. But an ally of hers in the House — and adviser from the time of her presidency — Albay Rep. Jose Ma. Clemente S. Salceda, had been speaking with more candor about the current state of the economy.
Mr. Salceda came out with a statement early in September that, in effect, flagged the country’s rising inflation under the watch of Duterte’s economic managers. Of the 6.4% inflation last August, Mr. Salceda said, “Ultimately, (this) was really due to the fact that we did little or nothing.”
“Unless we do nothing and do more silly things, 6.4% should already be the peak in this inflation cycle,” Mr. Salceda said. (Inflation since rose to 6.7% as of September.) “But a return to 4% within 2018 is no longer possible especially we are now into the world’s longest Christmas season characterized by higher consumer spending. Returning to 4% is more likely to be achieved by August next year.”
The Speaker was sought for comment on that projection by her fellow economist, to which she replied: “Cong(ressman) Salceda has (a) very strong track record when it comes to economic matters, and this record dates back decades ago to when he was in the private sector as one of the most highly regarded experts in our stock and securities market. When he speaks on such matters, we should pay attention.”
Ms. Arroyo has since been confronted by other complications in the pursuit of Mr. Duterte’s economic program, such as the standoff in the discussions on mining tax reform.
“I don’t think they would be able to beat the time, unless they rush through it,” Philippine Chamber of Commerce and Industry President George T. Barcelon said when sought for comment about his expectations of Congress in its little time left before the midterm elections. “(E)ven the tax reform would be a pending issue,…(before) all of this inflation. (T)hey need to have a quick fix on that first, so Congress, even (former) president Gloria Macapagal-Arroyo, has given priority (to) the cost of living, that inflation is given priority rather than the others.”
With regard to one legislative priority as certified by Mr. Duterte, Mr. Barcelon said, “I hope if the (proposed) security of tenure..law is drafted, all of these (provisions) will be specified, otherwise a lot of sectors will be affected and they cannot, the businesses would not be viable to maintain all these people when there’s really no need.”
POLITICAL MATTERS
Apart from economic issues, Ms. Arroyo has also become involved in political matters, affirming Mr. Duterte’s claim of a destabilization plot against him.
As it happens in Philippine politics, it is possible she will be embroiled in more controversies in her time left as Speaker. This expectation accords with the pattern, or what Nick Joaquin describes, in his 2002 authorized biography of Ms. Arroyo, as “the guise of the Gloria career: to appear offhand while handing it out blow by blow.”
This guise has been once again demonstrated by Ms. Arroyo’s sudden return to the top last July — in what is supposed to be her political sunset, and at the expense of Mr. Alvarez, her ousted predecessor in the House speakership. But, in an interview with ABS-CBN last August, she said she is more interested in a legacy for Mr. Duterte rather than her own as House Speaker. She stuck to that line in her answers to BusinessWorld: “As congresswoman and Speaker, the President’s agenda was and remains my legislative agenda.”
This is in sharp contrast to her hard campaigning as a reelectionist senator, emerging as the topnotcher in the 1995 senatorial race, and, certainly, to her bolting the Estrada administration to lead the EDSA II movement that saw to its downfall.
What became of EDSA II — the endless controversies and the political instability that weighed on her long presidency — still casts a shadow on Ms. Arroyo’s present role. Sought for comment, lawyer and political consultant Michael Henry Ll. Yusingco said, “(K)nowing what happened after EDSA II, I expect many Filipinos will no longer be surprised if next month she announces that she will run for the Senate or for governor of Pampanga.”
Also sought for comment, professor and chairperson Maria Ela L. Atienza of the University of the Philippines’ Department of Political Science, said, “Based on GMA’s past record (saying that she was no longer interested in running for the 2004 elections but later ran) as well as other politicians who say one thing but do otherwise like the current President who initially said he was not running for President in 2016 but eventually ran, we cannot take GMA’s pronouncements at face value. She can run for a local post or a senatorial post in 2019.”
But Mr. Yusingco also said, “I am prepared to concede that she was genuinely sincere and honest when she declared that she will not contest any post in 2019. At that very moment, I think in her heart, she truly wanted to retire from politics.”
He added: “The reality is, these days it is very hard to find a politician who strictly adheres to the principle of palabra de honor (word of honor). Sad to say, but we simply cannot rely on today’s politicians to keep their word. We cannot even be assured of complete candor whenever they speak to us.
Ms. Arroyo was asked about her retirement plans, including the memoirs she said she would write. “I have said that at this stage in my life, I want to make peace with the people I have dealt with, whether friends or enemies. I hope that is possible and that God will guide me. Thus my objective will be to speak more of the good in the people I have dealt with, and less of the bad. Anyway, in the end, what matters will be the historical judgment, not the memoirs.”
When asked if she would be candid about the “Hello Garci” and other “sensitive chapters” (as we politely put it) of her presidency — perhaps more candid than Juan Ponce Enrile was not, according to critics of his A Memoir — Ms. Arroyo said: “Memoirs are a very personal matter to the author, and so long as the events as narrated are factual, then the tone the author takes, I think, reflects his/her perspective in life at that point when he/she sets down the memoirs in writing. I will need to cover so-called sensitive chapters.”
“But beyond what I say in my memoirs, I believe that history and serious analysts will give me, as well as the other presidents, their due credit, irrespective of their memoirs. I tend to take the broad perspective, and so I tend to view the collective and cumulative effort of myself and my economic team, that of President Noynoy (Aquino) and his economic team, as part of a 20-year process wherein we were able to reduce poverty from the 39% level when I became president to, hopefully, the targeted 14% when President Duterte ends his term in 2022. That will be an accomplishment the three of us can be proud of.” — with additional interviews by Charmaine A. Tadalan

Chelsea offers to modernize Sasa port

CHELSEA Logistics Holdings Corp. (CLC) said it submitted a P16-billion unsolicited proposal to the Department of Transportation (DoTr) for the modernization of Sasa port in Davao City.
“We already submitted a proposal for the development of Sasa port in Davao. It’s unsolicited. We’re waiting for the actions of DoTr on that matter,” CLC president and chief executive officer Chryss Alfonsus V. Damuy told reporters on Friday.
He said the proposal, which was submitted mid-2018, covers a 25-year concession period that will have four phases focusing on the rehabilitation of the port facilities and increasing its capacity.
“If you look at the state of the port of Davao now, it really needs a massive rehabilitation. Yung deck mismo [The deck itself], there’s a lot of damaged areas which we have to rehabilitate. There are very limited equipment as to cargo handling, limited yung mga quay crane nila [their quay crane is limited]. So those are things that we wanted to do with the Phase 1, rehabilitate the existing and install modern equipment,” Mr. Damuy said.
He estimated Phase 1 of the proposal would require around P5 billion.
Yung phase kasi niyan is depending on the certain milestone…. It’s done in phases na pag na-reach yung certain capacity, we will roll out the next phase [The proposal is based on the success phase after phase when a certain milestone is achieved…. It’s done in phases such that when we reach a certain capacity, we will roll out the next phase],” Mr. Damuy added.
The Sasa port will be handling container, general cargo and passenger ships for both domestic and international markets.
In March, the National Economic and Development Authority (NEDA) regional office in Davao said the DoTr put the Sasa port upgrade back in the lineup of projects under the government’s public-private partnership (PPP) program.
To recall, the Philippine Ports Authority (PPA) had pulled out Sasa port from the PPP list in December 2016 after getting approval from the PPA Board to study alternative development plans with a budget of about P4.7-4.9 billion.
The P19-billion rehabilitation plan drafted under the Aquino administration was opposed by the Davao City government and the business sector which cited its cost.
Meanwhile, Transportation Secretary Arthur P. Tugade on Friday said he wants more attention to be given to upgrading ports in order to improve inter-island connectivity in the country.
Although he can’t disclose details, Mr. Tugade told reporters the DoTr currently has a number of unsolicited proposals for port development.
Meron sa Davao. Meron sa container sa Cebu. Pero…habang pinag-uusapan at wala pang sure, mahirap [There’s one in Davao, there’s one in Cebu. But until discussions are ongoing and nothing is final, it’s hard to speak],” he said. — Denise A. Valdez

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