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Money supply, bank lending growth slow in Aug

GROWTH in both money supply and bank lending slowed down in August, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Domestic liquity or M3 — the broadest measure of money within an economy — grew 10.4% to P11.2 trillion in August from P10.11 trillion logged in the same month last year.
It was also slightly lower than the 11% growth rate logged in July.
Domestic claims grew 15% in August, slower than the 16.1% in July “owing to the slower growth in credit to the private sector.”
The BSP said loans for production activities continued to be driven by lending to sectors in wholesale and retail trade, repair of motor vehicles and motorcycles; financial and insurance activities; real estate activities; manufacturing; electricity, gas, steam and airconditioning supply; and construction.
Loans for household consumption, on the other hand, decelerated “owing to the contraction in credit card loans and motor vehicle loans, as well as the decline in salary-based general-purpose consumption loans and other types of household loans.”
Meanwhile, net claims on the central government grew slower in August at 8.7% from 12.3% in July on account of higher deposits of the national government with the BSP.
Net foreign assets (NFA) in peso terms contracted by 1.3% from last year, coming from a 0.1% increase in July, “reflecting the decrease in gross international reserves.”
“Meanwhile, the NFA of banks also contracted as banks’ foreign assets grew at a slower pace relative to the growth in their foreign liabilities. Banks’ foreign liabilities expanded due mainly to the higher placements and deposits made by foreign banks with their local branches,” the BSP said.
The central bank said the overall pace of growth in M3 remains “in line with the BSP’s outlook for inflation and economic activity.”
“The BSP will continue to closely monitor domestic liquidity dynamics to ensure that monetary conditions remain conducive to price and financial stability.”
BANK LENDING
Meanwhile, bank lending slowed to 18.9% in August, compared to July’s 19.6% rise.
Counting reverse repurchase deals as well, total loan growth stood at 18.4% in August, compared to 18.7% in the previous month.
Loans for production activities, which took up 88.6% of banks’ aggregate loan portfolio, slipped slightly to 19.1% in August from 19.7% in July.
The loans were extended to industries in wholesale and retail trade, repair of motor vehicles and motorcycles; financial and insurance activities; real estate activities; manufacturing; electricity, gas, steam and airconditioning supply; and, construction.
However, bank lending to the agriculture, forestry and fishing declined by 25.2%.
Lending for retail borrowers slowed to 15.8% in August from July’s 16.9% climb “due to the slower expansion in credit card loans and motor vehicle loans, as well as the decline in salary-based general purpose consumption loans and other types of household loans during the month.”
“The BSP will continue to ensure that the expansion in domestic credit and liquidity proceeds in line with overall economic growth while remaining consistent with the BSP’s price and financial stability objectives,” the central bank said. — Elijah Joseph C. Tubayan

PLDT expands deal with Amdocs

PLDT Inc. said on Friday it signed a new agreement with US-based Amdocs to manage and automate the telecommunications giant’s information technology (IT) operations.
Under the new deal, PLDT said Amdocs, which provides software and services to communications companies, will introduce artificial intelligence, machine learning, analytics, and robotics to its operations.
“With advanced automation, PLDT and Smart (Smart Communications, Inc.) will be able to implement predictive and zero touch operations, auto resolutions of errors, and self-healing of systems. With fully automated operations, PLDT and Smart will be able to prepare for their journey to the cloud, while reducing their operational costs, and engaging their customers with innovative services and compelling experience,” the company said.
The new six-year service agreement is in addition to the seven-year Master Transformation Agreement signed by the two companies earlier this year.
“This agreement will further boost our efforts to enhance customer experience and engagement. With Amdocs running and automating our IT operations, we will be better equipped to quickly launch innovative products and services to deliver a compelling digital experience to our customers,” PLDT Chairman, President and CEO Manuel V. Pangilinan was quoted as saying.
Amdocs Chief Marketing Officer Gary Miles said the company is working on expediting the digital transformation of PLDT’s operations.
“With Amdocs Intelligent Operations, PLDT will be able to inject intelligence and automation into their entire operations, enabling them to become more efficient an take smart product and service decisions. This will help them accelerate innovation to further enhance the superior experience they deliver to their customers, while increasing engagement ,loyalty, and affinity to their brand,” Mr. Miles said.
Amdocs Intelligent Operations is part of AmdocsONE, an open, modular and integrated solution set.
In March, rival telecommunications company Globe Telecom, Inc. hired Amdocs to modernize and run IT operations for multiple lines of businesses, such as prepaid and postpaid mobile services, fixed-line broadband, and enterprise services.
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.
PLDT shares went up by P50 or 3.85% on Friday, closing at P1,350 apiece.- R.J.N.Igancio

Aboitiz bags original proponent status for Bohol airport

THE Department of Transportation (DoTr) granted original proponent status to Aboitiz InfraCapital, Inc. (AIC) for the operations, maintenance, and future expansion of the New Bohol International Airport in Panglao, the company said on Friday.
“We believe our proposal provides an expedient and comprehensive solution for the immediate and long-term needs of the New Bohol International Airport. We also remain committed and ready to support the government in its initiative to develop and enhance other regional airports throughout the country,” AIC president and chief executive officer Sabin M. Aboitiz said was quoted as saying in a statement.
Located on Panglao island, the new airport is seen as the replacement for the one currently operating in Tagbilaran City.
As an unsolicited proposal, the New Bohol International Airport project will have to go through a Swiss challenge, where other groups may submit counterproposals that AIC has the option to match.
The Bohol airport project was part of the unsolicited proposal submitted by AIC last March for the P148-billion upgrade of four regional airports. This included airports in Iloilo, Bacolod-Silay, and Laguindingan.
However, AIC’s unsolicited proposal was rejected by the DoTr in April, as the government does not support bundled proposals.
“In line with AIC’s commitment to support the Philippine government’s efforts in advancing infrastructure with the country, we look forward to moving ahead with our proposal to provide a long-term solution for the operations, maintenance, and future expansions of the New Bohol Airport,” Mr. Aboitiz said.
The Aboitiz-led company edged out businessman Dennis A. Uy’s Chelsea Logistics Holdings Corp. which also submitted a proposal for the New Bohol International Airport and the Davao International Airport.
AIC is also part of the “super consortium” was granted original proponent status by the government for its P102-billion proposal to rehabilitate and expand the Ninoy Aquino International Airport (NAIA).
Aside from AIC, the NAIA consortium includes AC Infrastructure Holdings Corp.; Alliance Global Group, Inc.; Asia’s Emerging Dragon Corp.; Filinvest Development Corp.; JG Summit Holdings, Inc. and Metro Pacific Investments Corp. Changi Airports International Private Ltd. is the technical partner. — R.J.N.Ignacio

Antonio-led Revolution Precrafted expands in Zimbabwe

REVOLUTION Precrafted Properties, Ltd. will start producing prefabricated medical pop-up structures in Zimbabwe after it signed a non-exclusive dealership agreement with investment firm African Tsaleach Private Ltd., the company said on Friday.
“We are excited about the great market interest in our prefab structures. We are happy to expand to Africa because we believe that our prefab structures can make a difference in the lives of the people in the continent,” said Revolution Precrafted Chief Executive Officer Jose Roberto R. Antonio in a statement.
Zimbabwe is the first African market for the company, which describes itself as a global leader in branded, limited edition prefab structures. The new market is its 25th overall globally in its continuing expansion.
“These medical centers will help medical workers in Zimbabwe reach out to the locals who are in much need of medical attention. Hopefully, we can develop more medical units not only in Zimbabwe but other parts of Africa as well,” said Mr. Antonio, who founded the company.
He said this is the company’s first time to produce modular medical pop-ups in response to the southern African country’s need for more medical facilities.
Revolution Precrafted said African Tsaleach had requested for an initial order of six industrial-type medical office facilities measuring at least 1,000 square meter each. The units will be converted to clinics and consultation centers to be stationed in Bulawayo, Zimbabwe’s second-largest city with a population of nearly 700,000.
The company said thousands of Zimbabwe locals suffer each year from mosquito-borne and water-borne diseases, along with other infectious diseases. The lack of medical centers makes treatment difficult, it said.
“In our own little way, we hope that through these medical pop-ups, we can help improve the delivery of medical services in Zimbabwe,” Mr. Antonio said.
Revolution Precrafted has struck several partnerships with international companies in the past year, including a $52-million project in Spain, a $1.2-billion project in Myanmar, and $3.2-billion project in Dubai.
The company has also forged partnerships with property companies in the Caribbean nations of Trinidad, Guyana, Jamaica, and the Bahamas, as well as in Japan, Puerto rico, Ecuador, Brazil, and Cyprus.
Locally, it is currently developing prefabricated structures for Century Limitless Corp for the $1.1-billion Batulao Artscapes in Nasugbu, Batangas, the $750-million Revolution Flavorscapes in Mexico, Pampanga, and the $125-million Puerto Azul project in Cavite. — Victor V. Saulon

Apo Land open to independent investigation of landslide

APO LAND and Quarry Corp. (ALQC) said on Friday it is allowing geologists and experts to conduct independent investigation of the landslide in Naga, Cebu, a day after Environment Secretary Roy A. Cimatu said the company’s quarry operations will remain suspended.
“The Mines and Geosciences Bureau (DENR-MGB) already conducted its independent study of the landslide and its probable causes… In this light, ALQC is also allowing a team of third-party geologists and subject-matter experts to conduct an independent study of the landslide and its probable causes,” the company said in a statement.
On late Thursday, Mr. Cimatu lifted the suspension on “90 percent” of quarrying operations in the country, but the ban remains in several areas including Naga, Cebu.
Companies allowed to resume operations include Holcim Mining and Development Corp, Northern Cement Corp, Heirs of Elias E. Olegano, Republic Cement, Eagle Cement, Lafarge Holcim Aggregates Corp, and Orophil Stonecraft Corp.
“90% of quarry sites nationwide will resume operations, provided that these areas are 1 kilometer away from the communities that can be potentially affected,” noting that there are no communities around these quarrying sites in case a landslide would occur,” Mr. Cimatu has said.
The DENR had imposed a 15-day quarrying ban in eight regions last Sept. 21, following a landslide in Naga which left 65 people dead, while 21 are missing and 18 others are injured.
ALQC is an wholly-owned entity by Impact Assets Corporation wherein Cemex Holdings Philippines (CHP) holds 40% equity.
CHP on Thursday issued a statement to clarify the impact of the suspension of quarrying operations of the principal raw material suppliers to its subsidiaries operating in Naga City and Antipolo City.
“APO Cement Corporation and Solid Cement Corporation continue to operate their respective cement plants, and are implementing various measures designed to maintain availability of products to its customers,” CHP said.
Meanwhile, in a statement sent to BusinessWorld, Holcim Philippines Inc, said that it “welcomes the DENR’s prompt decision to lift the mining and quarrying ban on companies found to be compliant with regulations related to safety and environment.”
“We are glad that the companies that provide Holcim Philippines (Holcim Mining & Development Corp) with raw materials have been allowed to resume normal operations, which is basic to our company’s ability to support the market’s demand for a stable cement supply at this time of strong construction activity,” the company said.
On Friday, Cemex shares closed 3.48% or 8 centavos higher at P2.38 each, while Holcim Philippines shares rose 1.17% to close at P6.92 each. — Reicelene Joy N.Ignacio

MWSS evaluating options if water concessionaires win SC case

THE Metropolitan Waterworks and Sewerage System (MWSS) is evaluating its options, including returning to negotiations, should the Supreme Court (SC) decide in favor of Metro Manila’s two water concessionaires that their corporate income tax (CIT) is an expense that can be passed on to consumers.
“If they win the case, then they (water concessionaires) can claim CIT,” MWSS Chief Regulator Patrick Lester N. Ty told reporters on Friday when his office announced in a press conference an increase in the rates imposed by the two companies starting next month until end-2022.
“They might ask for an EPA (extraordinary price adjustment) or we can negotiate that it be tackled in the fifth rate rebasing or as an expiration payment,” he said, referring payment for uncollected advances by the end of the water concession in 2037.
On Thursday, the MWSS board had approved a new base rate for east zone concessionaire Manila Water Co., Inc. ranging from P6.22 to P6.50 per cubic meter (/cu.m.) for the fourth five-year regulatory period starting this year to 2022. It will add to the current P24.82/cu.m. average basic water charge imposed by the Ayala-led company.
“We removed the CIT. We also removed some of the expenses that were disallowed,” Mr. Ty said in a phone interview on Thursday.
Earlier this month, MWSS approved a rate of P5.73/cu.m. in the water tariff for Metro Manila’s west zone under Maynilad Water Services, Inc. The rate hike will add to the current average basic water charge of P32.48/cu.m.
Maynilad asked for a rebased rate of P11.04 while Manila Water asked for P8.30.
Mr. Ty said the reason for the wider variance between what Maynilad asked for and what was granted is because the lower courts had sided with the company on the CIT case. MWSS had questioned the decision, leading to the case reaching higher courts, apart from an arbitral panel in Singapore, which ruled in Maynilad’s favor.
The rate increases for both companies will be staggered, with the biggest hike implemented in 2020 and 2021. No rate installment will be imposed in 2019, Mr. Ty said, to soften the impact of other expected inflationary pressures at the start of that year.
For Manila Water, the staggered rate hike will be P1.46 on Oct. 1, 2018; P2.00 on Jan. 1, 2020 and another P2.00 on Jan. 1, 2021; and between P6.22 and P6.50 on Jan. 1, 2022.
Mr. Ty said the MWSS corporate office has yet to approve Manila Water’s proposed new water source for the medium term, thus the “conditional” approval for the range of water rates for 2022.
For Maynilad, the staggered rates for 2018, 2020, 2021 and 2022 are P0.90, P1.95, P1.95, and P0.93, respectively.
Starting next month, its residential consumers using less than 10 cu.m. will see a net increase in their monthly bill of P2.40, while the median rate increase for the 10-to-20 cu.m. consumers will be P6.53. The rate hike for those using more than 20 up to 30 cu.m. will be P13.68.
For Manila Water, the corresponding net increase for the three consumer segments are P5.68, P9.13 and P19.13, respectively.
Mr. Ty said another big factor for the lower granted rebased rates for the water companies was the removal of the concession fees for the construction of the Kaliwa dam, which is supposed provide another water source for the country’s capital aside from Angat dam.
“That expense, should it push through, should be tackled in the fifth rebasing period,” he said.
He said delivery of the project is scheduled in 2023, while repayment of the loans to build it is expected in 2026. He said it would be premature to add the fees in the new rates because of uncertainties, including the source of funding, which is official development assistance (ODA) from China. Financing has yet to be finalized while the awarding of the project to a Chinese company may happen towards the end of the year, he said.
Between this year and 2022, the Supreme Court decision could still result in changes in the water rates, he said.
“It can issue a decision anytime,” Mr. Ty said.
Sought for comment, Manila Water Chief Operating Officer Geodino V. Carpio said in a text message: “We have not yet received the official communication from MWSS so [we] cannot comment yet.”
On the Supreme Court’s final decision, Maynilad Chief Operating Officer Randolph T. Estrellado said in a text message: “As of today, we have not received any decision from the SC about our arbitral award.” — Victor V. Saulon

National debt rises to P7.1 trillion after yen bond issue

THE national government’s outstanding debt rose to P7.10 trillion in August after the government issued yen bonds, with the value of external liabilities rising due to peso’s depreciation.
The Bureau of the Treasury (BTr) said on Friday that the end-August outstanding debt was 0.86% higher compared with July and up 10.5% from a year earlier.
The current outstanding debt is equivalent to 96.86% of the P7.33 trillion projected for the year.
Of the total debt stock, 64.37% is owed to domestic lenders.
Domestic debt fell 0.6% month-on-month to P4.57 trillion in August, but rose 10.1% from a year earlier.
“For the month, the lower domestic debt was due to the net redemption of government securities amounting to P27.77 billion, slightly offset by the depreciation of the peso that increased the value of onshore dollar bonds by P0.16 billion,” the BTr said.
It said the peso depreciated to P53.475 to the dollar at the end of August from P53.160 a month earlier.
Meanwhile, external liabilities amounted to P2.53 trillion, up 3.6% from July. They rose 11% from a year earlier.
“The growth in external debt was due to net availments of foreign loans amounting to P72.30 billion including the successful issuance of Samurai bonds,” the BTr said.
The government raised a total of $1.39 billion worth of yen bonds on Aug. 8.
“Currency fluctuations in both dollar and third-currency denominated debt added P14.48 billion and P1.10 billion, respectively,” the BTr said.
The government borrows to fund its budget deficit, which it hopes to contain within 3% of gross domestic product, a rule-of-thumb level deemed prudent for such deficits.
This year, it has set a 65-35% borrowing mix in favor of domestic creditors.
The government seeks to take advantage of favorable interest rates overseas, widening the share of debt sourced externally after borrowing 26% overseas this year and 20% in 2017.
The government expects the debt as a share to the economy to decline to to 38.9% by 2022 from 42.6% in the first quarter this year. — Elijah Joseph C. Tubayan

Malacañang defends Duterte’s remarks on EJKs

By Camille A. Aguinaldo, Reporter
PRESIDENT Rodrigo R. Duterte’s latest statement that his only “sin” was extrajudicial killings should not be taken seriously, Palace officials said on Friday.
In separate radio interviews, presidential spokesperson Harry L. Roque, Jr. and chief presidential legal counsel Salvador S. Panelo clarified Mr. Duterte’s recent controversial remarks, which immediately drew reactions in the international community.
“Well, alam mo naman si Presidente, ano. Hindi na naman iyan seryoso ‘no. Sinasabi lang niya iyan, kasi nga palaging sinasabi iyan ang ginagawa niya ano. Pero it’s also na dinidiin lang niya na talagang hindi siya nagnanakaw, pero I don’t think na ang konteksto niyan ay literal,” Mr. Roque said in a DZRH radio interview.
(Well, we all know the President, that is not serious. He is just saying that this has always been pressed on him. But he’s only emphasizing that he is not a thief. I don’t think that the context is literal.)
For his part, Mr. Panelo said an interview with DWFM radio: “Alam mo, hindi pupuwedeng hindi natin seryosohin iyon….Ang ibig sabihin ni Presidente, ang isyu lang sa akin na tinatapon ay iyong extrajudicial killing. Iyon ang kasalanan kong sinasabi ninyong kasalanan ko. Hindi iyong inaamin-kasi you have to look it in the context of, one, Bisaya iyan si Presidente. Hindi naman ito Manileño eh.”
(You know, we should not take this seriously….What the President meant is that extrajudicial killing has always been thrown at him. ‘This is the sin that people are saying is my sin.’ That is not an admission because you have to look it in the context that the President is Bisaya. He is not Manileño.)
“‘Ang isyu lang sa akin ay iyong extrajudicial killing.’ Iyon ang ibig niyang sabihin ng kasalanan (‘The only issue with me is the extrajudicial killing.’ That is what he meant with the sin),” Mr. Panelo added.
Mr. Duterte made the controversial statement in his speech during the oathtaking of new career executive service officers at the Malacañang Palace on Thursday.
“Ano kasalanan ko? Nagnakaw ba ako d’yan ni piso? Did I prosecute somebody na pinakulong ko? Ang kasalanan ko lang ‘yung mga extrajudicial killings,” he said.
(What is my fault? Did I steal money, even a single peso? Did I prosecute somebody whom I ordered jailed? My only fault is the extrajudicial killings.)
In his radio interview, Mr. Roque dismissed claims that what the President has said may be “self-incriminating,” as many observers believed it was an admission of guilt over the controversial spate of killings in the country, which could be used as evidence in his pending case before the International Criminal Court (ICC).
“In the first place, hindi naman iyan isang sinumpaang salaysay ‘no, so paano sasabihing self-incriminating iyan? Hindi po. That’s the President po being himself, being playful, being… highlighting the point na hindi siya corrupt,” Mr. Roque said.
(In the first place, that is not a sworn statement so how is it self-incriminating? No, it’s not. That’s the President being himself, being playful, being… highlighting the point that he is not corrupt.)
For his part, Philippine National Police (PNP) chief Oscar D. Albayalde denied there were extrajudicial killings in the war on drugs. He also noted that the PNP has been “equally tough” as well to cops who had gone overboard in their official functions with its record of 555 dismissed policemen since 2016 over drug-related offenses and 89 policemen over human rights violations.
“Despite noisy criticisms of the few, there’s no such thing as ‘extra-judicial killing’ in the war on drugs since it has never been ‘state-sponsored,’” Mr. Albayalde said in a statement.
Personalities and groups in the international community have also taken notice of Mr. Duterte’s statements as well.
“Extraordinary statement by a Head of State (and we have had many this week at the UN): my only ‘sin’ is #EJK. Translation: my only sin is imposing unthinkable sufferings on 1000s of vulnerable families, emboldening corrupt policing, destroying the rule of law,” UN Special Rapporteur on extrajudicial, summary or arbitrary executions Agnes Callamard said over Twitter.
Human Rights Watch Asia Division Director Brad Adams said in a statement: “The admission by President Rodrigo Duterte that he has committed a ‘sin’ because of the extrajudicial killings committed in his ‘drug war’ should prod the International Criminal Court to speed up its consideration of the cases filed against him for the killing of thousands of Filipinos. This admission should erase any doubt about the culpability of the president.”
“It is time for Duterte to answer for what may amount to crimes against humanity, especially because the killings continue to happen on a daily basis, more than two years since the brutal campaign started the day Duterte took office on June 30, 2016,” he added.
In an interview with reporters, Senator Antonio F. Trillanes IV said he will submit the necessary documents related to Mr. Duterte’s statements to the ICC as he called on the international court to expedite its investigation on the government’s campaign against illegal drugs.
“Those remarks uttered in unguarded moments, those are the bits of truth that come out of Duterte. That admission will be taken seriously by the International Criminal Court,” Mr. Trillanes said.
The ICC last February said it would start its preliminary examination to determine if an investigation is needed regarding Mr. Duterte’s alleged crimes against humanity in connection with the war on drugs.
The international court’s moves were prompted by complaints filed by lawyer Jude Sabio, Mr. Trillanes, and Magdalo Party-list Rep. Gary C. Alejano against the President.

Trillanes to return home after arrest deferred

SENATOR Antonio F. Trillanes IV announced on Friday he will leave the Senate premises and return home Saturday morning after a Makati court deferred its resolution on the Department of Justice’s (DoJ) warrant of arrest plea against the senator in connection with his amnesty revocation.
“It’s a big relief not only for me but more importantly for the whole justice system, the democratic institutions that Judge Soriano upheld what is right and proper despite all the pressures. He followed the process,” he told reporters outside his Senate office, referring to Judge Andres B. Soriano of Makati City Regional Trial Court (RTC) Branch 148.
Makati RTC Branch 150 issued an arrest warrant and hold-departure order against Mr. Trillanes on Sept. 25, in connection with his rebellion case over the 2007 Manila Peninsula Siege. But Mr. Trillanes posted bail.
On the other hand, the coup d’etat charge facing him at Branch 148, in connection with the 2003 Oakwood Mutiny, is nonbailable.
Branch 148 on Friday deferred the issuance of the arrest warrant and hold-departure order against Mr. Trillanes.
Judge Soriano said in the order that, “without necessarily reopening the case and/or giving due course to the prosecution’s Urgent Ex-Parte Omnibus Motion” a hearing will be set on Oct. 5 to accept evidence by both Mr. Trillanes and state prosecutors.
Asked why the reception of evidence took long, Clerk of Court Maria Rhodora Malabag-Peralta told reporters: “It’s the discretion of the judge.”
“Although this Court is not a party to the petition pending before the Supreme Court, it takes judicial note of the Supreme Court en banc Resolution dated September 11, 2018 giving this Court leeway to resolve the factual issues cited therein,” the order also read.
Makati City Branch 148 has long dismissed the coup d’etat case on Sept. 21, 2011 following the grant of amnesty to Mr. Trillanes by then president Benigno S.C. Aquino III.
President Rodrigo R. Duterte through Proclamation No. 572 on Aug. 31 declared as void from the beginning the amnesty granted to Mr. Trillanes, claiming that he did not comply with the requirements for amnesty, such as his formal filing and his admission of guilt in the said incidents
At the Senate, Mr. Trillanes said, “Between now and the hearings and up to time that it has been submitted for resolution, we do not foresee any basis for the issuance of warrant of arrest.”
His lawyer Reynaldo B. Robles added that there would be no basis for Mr. Trillanes’s arrest for now.
Mr. Trillanes has remained in the Senate since Sept. 4 following the presidential proclamation voiding his 2011 amnesty.
Also on Friday, former senator Rene A.V. Saguisag visited Mr. Trillanes’s office. “I have come here because we were together during the Oakwood trial….This development with the President intervening with the judicial process is very disturbing to anybody who believes in the rule of law,” he told reporters.
“I hope that with this development, we will still have separation of powers and the President will not intervene,” the former senator, a veteran human-rights lawyer, also said. — Camille A. Aguinaldo and Vann Marlo M. Villegas

Boracay to reopen Oct. 26

By Charmaine A. Tadalan, Reporter
THE tourist island of Boracay is set to reopen on Oct. 26, but its full rehabilitation will be completed in two years, Department of Interior and Local Government (DILG) Officer-in-Charge (OIC) Eduardo M. Año said.
“The opening on Oct. 26 is just a first phase of the opening because we believe the rehabilitation of the Boracay will take at least two years,” Mr. Año told the House Committee on Natural Resources in a hearing on Boracay, Friday.
“But at least the six months (have) produced something that will actually restore Boracay into its pristine state,” he also said, adding the government envisions Boracay to be a top tourist destination.
The President in early 2018 labeled the island a “cesspool,” which led to its six-month shutdown for rehabilitation purposes beginning in April.
The rehabilitation was spearheaded jointly by the DILG, the Department of Environment and Natural Resources (DENR), and the Department of Tourism.
For his part, DENR Secretary Roy A. Cimatu reported the island, with its estimated carrying capacity of 55,000, was overpopulated by about 15,000, attributed to the number of migrant workers.
He noted that these workers resided in dormitories constructed in wetlands.
“After the closure, they left for their respective provinces, leaving behind their dormitories constructed in the wetland,” Mr. Cimatu said.
As a preventive measure, Mr. Cimatu said it had been agreed upon that once the island reopens, establishments will be required to provide their workers the necessary accommodation.
“We have a program with the establishment owners for them to take care of the accommodation of their workers,” the Environment secretary said.
DENR undersecretary Sherwin S. Rigor said among the policy guidelines approved during a Cabinet meeting was the regulation of tourist arrivals.
The Ecosystem Research and Development Bureau of the DENR found only 19,200 tourists can be allowed to stay in the island per day, or 6,405 arrivals per day under the assumption that the tourists will stay for an average of three days.
Further, consistent with the pronouncements of President Rodrigo R. Duterte, Mr. Rigor said “no casino and…gambling shall be allowed in the island.”

No voter registration extension, says Comelec

THE Commission on Elections (Comelec) announced on Friday that voter registration will not be extended beyond the deadline on Saturday, Sept. 29.
Voter registration for the May 13, 2019 National and Local Elections resumed on July 2, 2018.
In the statement, Comelec Spokesperson James B. Jimenez called on the public to “exercise patience as long queues are to be expected in the last few days of registration.”
“However, the COMELEC assures members of the vulnerable sectors such as Senior Citizens, Persons with Disabilities (PWDs) and heavily pregnant women that priority lanes will be provided for them,” Mr. Jimenez was quoted as saying.
The Comelec noted that registration at the Office of the Election Officer in various cities, municipalities or district, and any satellite registration site is from 8:00 a.m. to 5 p.m.
Makabayan bloc in September filed a resolution at the House of Representatives urging the Comelec to extend voter registration to Jan. 13, 2019. — Vann Marlo M. Villegas

CJ nominations to open on Sept. 29

By Vann Marlo M. Villegas
NOMINATIONS for the position of Chief Justice will start on Saturday, Sept. 29, Justice Secretary and Judicial and Bar Council (JBC) Ex Officio Member Menardo I. Guevarra said.
Mr. Guevarra said in a text message to reporters that applications will be accepted on Monday, Oct. 1, with the deadline for the nomination on Oct. 15.
Chief Justice Teresita Leonardo-de Castro, whom President Rodrigo R. Duterte appointed only on Aug. 25, reaches the mandatory retirement age of 70 on Oct. 8.
The five most senior justices who will receive automatic nomination which they also must formally accept are Associate Justices Antonio T. Carpio, Diosdado M. Peralta, Lucas P. Bersamin, Mariano C. Del Castillo, and Estela M. Perlas-Bernabe.
On Sept. 26, the JBC held an interview for the position of SC associate justice for the position vacated by now Ombudsman Samuel R. Martires.
The deadline for the nomination for the associate justice position vacated by Ms. De Castro when she was appointed chief justice is Oct. 1.

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