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Suu Kyi’s image in shreds as Myanmar jails Reuters pair

Yangon — The jailing of two Reuters journalists shreds what remains of Nobel laureate Aung San Suu Kyi’s reputation as a rights champion, critics say, after she failed to come to their defense or speak up for the persecuted Rohingya minority.
Suu Kyi was once a staunch advocate for the free press and a darling of the foreign media.
During her long years of house arrest under the former junta — which choked the media inside Myanmar — it was foreign correspondents who carried her message of peaceful defiance to the outside world.
Glowing profiles burnished her image, with comparisons made to the Dalai Lama, Nelson Mandela and Martin Luther King.
Suu Kyi remains adored inside Myanmar. Supporters of her democracy battle say she has limited control over the military, which ceded full control in 2015 after almost 50 years in power.
But her response to the Rohingya crisis has sent her international reputation into a tailspin.
Former friends and supporters have looked on aghast at her lack of criticism of last year’s military campaign against the Rohingya.
UN investigators last week said that campaign was pursued with “genocidal intent”.
Monday’s conviction of two Reuters journalists, Wa Lone and Kyaw Soe Oo, and their seven-year sentence has sent a chill through Myanmar’s already embattled press community.
Yet throughout the trial Suu Kyi has been unmoved by calls to intervene, or even criticize the court case.
‘Traitors’
Bill Richardson, a US diplomat and until recently a Suu Kyi confidante, alleges that she denounced the two journalists when he tried to raise their plight in person.
“Suu Kyi’s response was filled with anger, referring to the journalists as ‘traitors’,” the former New Mexico governor told AFP.
Shortly after the set-to in January, Richardson quit his position on an international advisory body into the Rakhine crisis, labelling it a whitewash.
Another person at the same meeting could not remember whether Suu Kyi used the word “traitors” but said there was shouting and a “charged atmosphere”.
“In that heated exchange I wouldn’t dismiss that the word was used,” said retired Thai lawmaker and ambassador Kobsak Chutikul, who was secretary for the panel and who also later resigned.
“It would have fitted the emotions and sentiments at the time,” he added.
Since sweeping to power three years ago, Suu Kyi’s relationship with the press has been fraught.
Prosecutions of journalists and media intimidation more redolent of the junta years have been common.
Around 20 journalists were prosecuted in 2017, many under a controversial online defamation law.
At the same time Suu Kyi has been accused of backing misinformation and distorted reports about the Rakhine crisis.
State media published by the Suu Kyi-controlled Ministry of Information has continuously echoed the military line, rejecting allegations of atrocities against the Rohingya as “fake news”.
That has put her at odds with a mountain of evidence and an international community calling for justice.
“To say that Aung San Suu Kyi’s star has faded is a massive understatement,” said Matthew Burgher from free speech advocacy group Article 19.
Powerless or accomplice?
Suu Kyi’s defenders say her hands are tied by an army that still controls all security matters as well as 25 percent of parliamentary seats.
The stateless Rohingya are also a deeply unpopular cause among the Buddhist-majority public in Myanmar, where Islamophobia has surged in recent years.
That reality gives Suu Kyi little political incentive to defend the Muslim minority — or reporters who write about their plight.
But some analysts note a transformation in Suu Kyi in recent months, from trying to avoid talking about them to supporting the military’s kickback against “terrorists”.
At a speech in Singapore last month she referred to generals in her cabinet as “rather sweet”. UN investigators have accused the army of genocide.
“We who are living through the transition in Myanmar view it differently from those who observe it from the outside and who will remain untouched by its outcome,” she said.
Given that an appeal could take years, the best hope for early release for Wa Lone and Kyaw Soe Oo may be a pardon from President Win Myint, a key aide to Suu Kyi.
Aaron Connelly, a Myanmar expert at Australia’s Lowy Institute, said the notion that Suu Kyi is powerless to counter the military’s excesses is a “myth” since she uses her political leverage on issues she deems worthy.
“Unfortunately, she does not consider the safety and dignity of Rohingya to be among them,” he added. — AFP

Higher fuel prices expected tomorrow

Oil companies will implement a hefty price increase for all petroleum products this week, with diesel registering the biggest hike at P1.20 per liter.
It is diesel’s biggest price jump so far this year, matching the same rise during the second week of May.
Gasoline and kerosene prices will increase by P0.95 per liter. All of the companies that sent their advisories as 5:00 p.m. on Monday scheduled the adjustment at 6:00 a.m. on Tuesday, Sept. 4.
The price increase is meant to follow the movement of prices in the international market, from which local companies source their petroleum products.
During the weekend, the oil firms that sell liquefied petroleum gas (LPG) advised of a P1.95 per kilogram increase, or a P21.45 jump in the price of each 11-kilogram cylinder. AutoLPG also increased by P1.10 per liter on Saturday. — Victor V. Saulon

PSE rebuts PTT claims of requirement compliance

The Philippine Stock Exchange, Inc. (PSE) dispelled claims made by Philippine Telegraph & Telephone Corp. (PTT) that the latter has complied with the necessary requirements that would allow it to resume trading.
In a statement issued Monday, Sept. 3, the bourse operator said the listed telco operator has yet to comply with structured filings since 2004.
“PTT has not submitted compliant structured reports (i.e., quarterly and audited annual reports) since 2004. Accordingly, the company will remain under involuntary trading suspension until it completes its submissions. The company’s declaration in its press release totally surprised us considering we had previously met and informed Mr. Velasquez about these several violations,” said PSE President and Chief Executive Officer Ramon S. Monzon said in a statement.
This comes as a response to PTT’s statement last week urging the PSE to lift the trading suspension on its shares since Dec. 4, 2009, when it recorded a closing price of 33 centavos apiece. — Arra B. Francia

Lacson questions DPWH’s unresolved right-of-way issues on road projects

Senator Panfilo M. Lacson on Monday, Sept. 3, questioned anew the unresolved right of way issues of the Department of Public Works and Highways’ (DPWH) ongoing road projects.
At the budget hearing of the DPWH, Mr. Lacson maintained that right of way issues should be settled first before funding an infrastructure project, citing Republic Act 10752 or the Right of Way Act. He said the simultaneous implementation of RoW payments and construction of infrastructure have caused delays and even suspension or abandonment of some public works projects.
“If that’s the case, then we’re not complying with the provisions of (RA) 10752 kasi maliwanag ang Right of Way Act (because the Right of Way Act is clear). Sinasabi (It says) the DPWH shall ensure that all RoW expenses are settled before commencement of projects. So we’re not complying with the law,” he said.
Mr. Lacson then cited the unresolved RoW issues of the P466.8 million bypass diversion road project in Sariaya, Quezon, which was suspended in 2016.
In an interview with reporters, Mr. Lacson said he may ask for the deletion once again of the RoW appropriations to the DPWH under the proposed 2019 budget. Under its budget, the DPWH has allocated around P16 billion for RoW settlement for various completed projects and RoW for ongoing and future projects.
In response, DPWH Secretary Mark A. Villar said: “There are problems that arise ranging from permits to relocation of utilities… during the process these things are not necessarily anticipated at the time of planning. During the course of the implementation of these projects there are issues that arise that we don’t anticipate but nevertheless those were the causes for delays.” — Camille A. Aguinaldo

NIA inks deal with Korean firm for construction of P11-billion Iloilo dam

State agency National Irrigation Administration (NIA) on Monday, Sept. 3, signed a contract with a Korean company for the construction of an P11.212-billion dam in Iloilo province.
In a ceremony at the NIA’s headquarters, the agency through its Administrator Ricardo R. Visaya signed the contract with representatives from Daewoo Engineering and Construction Co., Ltd. for the project that was funded by the Korean government through the Korea Exim Bank.
Pilipina P. Bermudez, manager of NIA’s public affairs information staff, in an interview said the Jalaur River multipurpose project is the second undertaking funded by Korean after the launch of small reservoir irrigation project.
She said next to the Jalaur dam, the agency has 10 other dam projects, six of which are described as NIA’s flagship infrastructure projects with costs ranging from P1.35 billion to P22.36 billion.
She said all are being targeted for funding from the Chinese government, possibly with two of them for signing when China’s Prime Minister Xi Jinping visits the Philippines in November.
Separately Mr. Visaya said in an interview that NIA had received interest from the private sector to build a floating solar over the dams owned by the agency. — Victor V. Saulon

Semirara Mining on track to finish Panian pit rehab in 2019

Semirara Mining and Power Corp. (SMPC) said it remains on track to finish rehabilitating the southern part of Panian pit in Antique by June 2019.
The Consunji-led integrated energy company said in a statement that it has already filled South Panian with 62.7 million bank cubic meters (BCM) of overburden materials as of end-June, comprising more than half its year-end target of 120 million BCM.
“The company is on track in terms of the progress of the southern part of Panian pit’s rehabilitation. Given our pace, we expect to finish filling up South Panian in June next year, and then we can proceed with preparing the soil for plants and trees,” SMPC President and Chief Operating Officer Victor A. Consunji was quoted as saying in a statement. — Arra B. Francia

Supreme Court spokesperson Theodore Te resigns

Assistant Court Administrator and Supreme Court Chief Public Information Officer Theodore O. Te confirmed on Monday that he has resigned.
In an e-mail, Mr. Te said Chief Justice Teresita Leonardo-De Castro accepted his resignation.
He will introduce on Tuesday, Sept. 4, acting chief PIO Maria Victoria Gleoresty Guerra.
In his resignation letter dated Aug. 29 addressed to Ms. De Castro, Mr. Te said he would tender his “irrevocable resignation as Assistant Court Administrator and Chief of the Public Information Office.” — Vann Marlo M. Villegas

Government fully awards Treasury bill offering

THE GOVERNMENT fully awarded P15 billion worth of Treasury bill (T-bills) on Monday, Sept. 3, even as yields grew across the board over expectations that August inflation data to be released on Wednesday may have accelerated further.
The Bureau of the Treasury (BTr) raised P15 billion as programmed from the auction on Monday, with total tenders reaching nearly twice as much the offer at P27.5 billion.
Broken down, the BTr awarded P4 billion as programmed in the 91-day debt notes that saw tenders reaching as much as P6.225 billion, with average yields at 0.7 basis points higher to 3.225% from 3.218% in the previous auction.
Before Monday’s auction, the secondary market quoted the government securities lower at 3.2137%.
A trader said that the greater volume of bids in the shorter-dated securities shows that interest rates are likely to increase further, which is also supported by similar moves by the US Federal Reserve.
“Nobody wants the one year. The expectation is they will hike again. You can see a lot of pooled funds more of in the middle. Ideally, it should be in the three months, but the yields are not that attractive as the six months,” she said in a phone interview.
“Even in the US they will also hike. So because of the tightening of rates widely expected in September with the Fed, and for us, it’s more anticipated. So the volume is more focused on the six months. Nag play safe sila,” she added.
The government will release August inflation data on Wednesday, where a BusinessWorld poll showed that it is likely to stand at 5.9%, faster than the 5.7% in July and 2.6% in August last year.
The BSP meanwhile forecasts that it could be in the middle of the 5.5-6.2% range. — Elijah Joseph C. Tubayan

FWD Life Philippines unveils new life insurance products

FWD Life Philippines has launched a line of protection plans suited to meet individual customer needs.
In a statement sent to reporters on Monday, the FWD Philippines President and Chief Executive Officer Peter Grimes introduced the Set for Tomorrow protection plans.
“The coverage amount and period can be customized to any personal situation and budget,” Mr. Grimes was quoted as saying in the statement. “Our aim is to make real and substantial protection accessible to everyone.”
The insurance product has three variants that address the different needs of the family should the unexpected happen.
The Short Term Cover is an “affordable term life plan” that provides life insurance coverage between five and 10 years.
The Income Protector product ensures families to sustain their lifestyle should the breadwinner pass away. On the other hand, the Estate Protector is a whole-life plan that provides life insurance coverage until 120 years of age. — Karl Angelo N. Vidal

SSS launches loan program for pensioners

The Social Security System (SSS) on Monday launched the Pension Loan Program (PLP), allowing 1.3 million retiree pensioners to borrow funds.
In an event in Quezon City, SSS President and Chief Executive Officer Emmanuel F. Dooc unveiled the pension lending program to shield its pensioners from loan institutions that offer steep interest rates, helping them with their short-term needs such as emergency medical expenses.
“[T]he launch of this program is our way of extending our assistance to our dear pensioners,” Mr. Dooc was quoted as saying in a statement.
Borrowers who wish to avail of the program must be between 55 and 80 years old at the end of the month of loan term and have no outstanding loan balance and benefit overpayment payable to the SSS.
The retiree must also have no advance pension under the SSS Calamity Package and have been receiving his regular monthly pension for at least six months.
Minimum loan amount for qualified pensioners is twice the amount equivalent to their basic monthly loan pension plus the additional P1,000 benefit. Meanwhile, pensioners can borrow as much as six times their basic monthly pension plus the additional P1,000 benefit. — Karl Angelo N. Vidal

Asian markets sink as global trade concerns return

Hong Kong — Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and NAFTA talks with Canada hitting a wall.
The optimism that flowed through trading floors at the start of last week has been replaced by a now-familiar sense of dread after the US president hit out at Ottawa over the weekend as the two sides struggle to hammer out a new deal.
In a tweet over the weekend, Trump threatened to exclude Canada from a new North American Free Trade Agreement after negotiations to rewrite the 25-year-old pact ended without an agreement Friday.
He said there was “no political necessity to keep Canada in the new NAFTA deal. If we don’t make a fair deal for the US after decades of abuse, Canada will be out”.
While talks will resume Wednesday, his outburst seemed designed to ramp up pressure on Canadian negotiators.
The comments threw a spanner in the works for investors after the US and Mexico said earlier in the week they had agreed a revised pact.
Trump also roiled markets last week by saying he wanted to impose tariffs on $200 billion of Chinese imports as soon as public consultation ends on Thursday, adding to the $50 billion already targeted.
That rekindled fears of an all-out trade war between the world’s top two economies, while European Commission chief Jean-Claude Juncker on Friday warned the EU would retaliate in kind if Trump pushes through duties on foreign cars.
The end of the month sees the Federal Reserve’s next policy meeting at which it is expected to lift interest rates for a third time this year, with analysts poring over its statement for an idea about a possible fourth rise before January.
‘Looking for exits’
“Batten down the hatches as the main feature that stands out about this week — and the month of September for that matter — is (that) the market risk is massive as the central bank and the political worlds collide,” said Stephen Innes, head of Asia-Pacific trading at OANDA.
“Indeed, such collisions tend to escalate volatility exponentially, and I expect some episodic moments that will have traders looking for the exits or end up over the barrel.”
Japan’s Nikkei ended the morning session 0.5 percent lower, Hong Kong lost 0.9 percent and Shanghai fell one percent. Singapore lost 0.4 percent, Seoul shed 0.6 percent and Sydney was marginally lower.
There were also losses in Wellington, Taipei, Manila and Jakarta.
On currency markets, the Turkish lira continued its downward spiral — losing more than one percent to 6.60 to the dollar — having recovered slightly Friday after the government made it more expensive to hold foreign currency savings.
The Indonesian rupiah is also hovering around lows last seen during the Asian financial crisis 20 years ago, hit by a ballooning current account deficit.
Other emerging-market and high-yielding currencies were also under pressure with South Korea’s won 0.2 percent off, the South African rand 0.5 percent lower and the Russian ruble down 0.4 percent. — AFP

Things to look for when buying a laptop

The laptop is one of the most significant and essential tools of today’s modern world. Just like the desktop with various useful functions, and a tablet that offers supreme portability, the laptop brings the best of both worlds, helping individuals perform their day-to-day tasks efficiently wherever and whenever they want.

Nowadays, choosing the right laptop is more challenging than ever; there’s a wide variety of brands in the market with multiple product lines, sizes, specifications, features, and pricing schemes — making it an exciting process.

According to Integrated Computer Systems, Inc. (ICS), one of the leading information technology solutions providers in the Philippines, there are several factors to consider when looking for the right laptop, and it all depends on the requirements of the end-user.

First, consider why you’re buying a laptop. What are you buying it for? Is it to create documents, presentations, and requirements for school? Do simple business tasks in the office? Or do you plan on running heavy applications, watching high-definition movies, or playing video games?

While there are specific laptops in the market that can meet these requirements, factors like a laptop’s size and weight shouldn’t be overlooked.

“Based on engagements with various customers, we find that their main considerations in selecting a laptop are, first and foremost, the device’s size and weight. Laptops are meant to be mobile, and mobility is optimized by these qualities,” ICS said in an e-mail to BusinessWorld.

Choosing the right laptop size also depends on how the user will use the computer. According to size, there are four main types of laptops — netbook, standard, hybrid laptop and ultrabook.

The netbook is the smallest laptop available. It best suits users who travel often. Its main functionality is to run a Web browser and to connect to the Internet while still being able to process documents.

The standard laptop is suitable for a wide range of situations and is available in various configurations.

Hybrid laptops, on the other hand, are those with touch screens and detachable keyboards.

Finally, the ultrabook is the largest laptop and is usually the most powerful.

According to ICS, laptop size choice is greatly dependent on the purpose or usage. For example, an on-the-go professional would do better with a smaller and lighter laptop while those who constantly use heavy applications and software, like those in finance or graphic design, would benefit from units with bigger screens.

Aside from the size and weight, ICS mentioned that special features like design and security and the overall performance of the laptop should also be considered.

Moreover, inspecting the specifications of each laptop is a must. Every laptop in the market is different — even two models that cost the same may have a huge difference.

Based on customer feedback and run rate orders recorded by ICS, some of the most sought-after laptops are those with the capability of working for extended periods of time, and durability amid rigorous environmental conditions.

Ease of component and software upgrade should also be considered. ICS explained that buying a “good” laptop is useless if the laptop does not grow with the user and his or her needs.

Furthermore, ICS said: “In this age of hyperconnectivity, the value of security cannot be emphasized enough. We need to ensure our data is safe against cybertheft, hacks, and malware.”

For consumers thinking of buying a used or refurbished laptop, according to ICS, “We always recommend our customers to refresh every three to five years in order for them to continue being effective and efficient at work when they replace with units of higher or better technology.”

“Though we are not averse to customers purchasing refurbished units, they should be open to certain risks involved when doing so. This would mean limited warranty and actual machine condition due to wear and tear.”

When asked what laptop trends and designs may possibly take place in the coming years, ICS said: “We may look forward to 3D technology and maybe even virtual or mixed reality as a feature component in a laptop. We already have improved biometrics, take Windows Hello as an example. We have fingerprint and iris readers, faster charging, lighter in weight, faster and virtual laser keyboards, and improved wireless capabilities — such as better wireless docking connections.”

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