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Manila Water inks deal with water district in Bulacan

MANILA WATER Co., Inc. has two partnerships with water districts in Bulacan.

THE CONSORTIUM of Manila Water Co., Inc. and its subsidiary has signed a joint venture agreement with a water district in Bulacan to handle the latter’s water supply system and sanitation facilities, the Ayala-led company told the stock exchange on Thursday.
“The partnership seeks to improve the accessibility and quality of water supply to more than 12,000 residents of the municipality of Bulakan in the province of Bulacan including the provision of sanitation services,” Manila Water said in a statement.
Under the joint venture agreement, Obando Water Consortium Holdings Corp. — the consortium of Manila Water and its unit Manila Water Philippine Ventures, Inc. — will incorporate a joint venture company with Bulacan Water District.
Upon completion of conditions precedents set out in the agreement, the joint venture will then enter into a concession agreement with the water district for the implementation of the project for 25 years from the set commencement date.
The concession covers the design, construction, rehabilitation, maintenance, operation, financing, expansion, and management of the water district’s water supply system and sanitation facilities in Bulakan municipality.
The joint venture will have an outstanding capital stock of P150 million. The consortium will subscribe to 90% of the capital amounting to P135 million and the water district will hold the remaining 10% or P15 million.
Manila Water said the project is its second partnership with a water district in Bulacan after its 25-year concession agreement with Obando Water District early this year.
In 2017, the company also acquired the rights to provide water supply services in communities developed by Asian Land Strategies Corp., Solar Resources, Inc., and Borland Development Corp. through its operating unit.
On Thursday, shares in Manila Water slipped 1.77% to close at P25 each. — Victor V. Saulon

What to see this week

8 films to see on the week of August 17-August 23, 2018
PISTA NG PELIKULANG Pilipino is showing nationwide from Aug. 15 to 21. Only the festival films will be shown in theaters during this time. These are the movies that are part of the festival.

Ang Babaeng Allergic sa Wifi

A GIRL who develops an allergy to Wi-Fi relocates in the province. Her current situation pushes her to reassess her romantic relationships and the boy whom she thinks loves her. Directed by Jun Robles Lana, the film stars Sue Ramirez, Markus Paterson, and Jameson Blake.
MTRCB Rating: PG

Bakwit Boys

THE BAKWIT Boys — Elias, Sonny, Joey, and Philip — are currently staying with their grandfather in Pampanga after their home in Isabela was devastated by a typhoon. After the brothers decide to perform an original song at a local festival, a wealthy young woman from the city offers them a record deal. Directed by Jason Paul Laxamana, the film stars Vance Larena, Nikko Natividad, Ryle Santiago, and Mackie Empuerto.
MTRCB Rating: PG

Madilim ang Gabi

WHEN THEIR son Alan goes missing, Sara and Lando are forced to stay involved in the business of illegal drug distribution. Directed by Adolfo Alix, Jr., the film stars Gina Alajar, Philip Salvador, and Felix Roco.
MTRCB Rating: R-16

Pinay Beauty

ANNIE dreams of becoming a beauty queen. Her friend Migs goes out of his way to earn P180,000 so Annie can get some plastic surgery done prior to the pageant. When Migs finds it difficult to raise money, he asks Uncle Val for help. However, Uncle Val asks for something in return which would require Migs to risk his life. Directed by Jay Abello, the film stars Chai Fonacier, and Edgar Allan Guzman.
MTRCB Rating: R-13

Signal Rock

A CAREFREE young man, Intoy, helps his sister in Finland win a child custody battle. Directed by Chito S. Roño, the film stars Christian Bables, Francis Magundayao, Elora Espano, and Mon Confiado.
MTRCB Rating: R-13

The Day After Valentines

A BROKENHEARTED Kai meets Lani who helps him move on and recover from a failed relationship. Directed by Jason Paul Laxamana, the film stars Bela Padilla, and JC Santos.
MTRCB Rating: PG

Unli Life

BENEDICT, a podcast DJ, is distraught after a failed relationship with Victoria. One night, he visits a bar called Turning Point where he meets Saro, a bartender who offers him a drink called “wishkey” — a beverage which allows Benedict to travel back in time and change the course of events in his life. Directed by Miko Livelo, the film stars Vhong Navarro, Joey Marquez, Winwyn Marquez, and Ejay Falcon.
MTRCB Rating: PG

We Will Not Die Tonight

STUNTWOMAN Kay dreams of becoming an actress. However, the events in her life change when she reunites with her ex-boyfriend Ramil who convinces her and their friends to take an opportunity of a lifetime — a choice to unknowingly risk their lives. Directed by Richard V. Somes, the film stars Erich Gonzales and Alex Medina.
MTRCB Rating: R-18

How PSEi member stocks performed — August 16, 2018

Here’s a quick glance at how PSEi stocks fared on Thursday, August 16, 2018.

 
Philippine Stock Exchange’s most active stocks by value turnover — August 16, 2018

List of holidays in 2019

Palace: Duterte may step down if Marcos wins protest case

By Arjay L. Balinbin, Reporter
MALACAÑANG ON Thursday said President Rodrigo R. Duterte may step down once former senator Ferdinand R. Marcos, Jr. wins in his electoral protest against incumbent Vice-President Maria Leonor G. Robredo.
“If he (Mr. Marcos) becomes vice-president, perhaps the President will make true his word that he will step down. Because what he is worried about is that if we were to use constitutional succession, then the successor may not be qualified,” Presidential Spokesperson Harry L. Roque, Jr. said in a press briefing at the Palace on Thursday, Aug. 16.
He added: “And then he expressed a preference on who he thinks will be qualified. So, if he (Mr. Marcos) wins,…I think he has said it before. He has said it before that if he wins the protest and he’s declared as vice-president, he is willing to step down.”
The spokesman also said Mr. Duterte’s pronouncement was “a real statement of exasperation and a genuine wish to step down if there’s a better leader or if there’s a qualified leader to take over.”
Mr. Roque said the President “thinks” the former senator, the only son of ousted dictator Ferdinand E. Marcos, “is one of the better qualified leaders to succeed him.”
“That’s a conclusion that you can make because he says that he is willing to step down except that he does not think that the constitutional successor is qualified. And he has expressed some preference. Siguro kung ang (Perhaps, if the) successor is either A or B, then he will step down. So, you can conclude that if we have a different vice-president and it is B, then he might consider stepping down. But for as long as A nor B is not vice-president, then he will not step down. That’s classic Philosophy 11,” Mr. Roque said further.
In a statement, Ms. Robredo’s lead counsel Romulo B. Macalintal said: “President Duterte’s resignation will never happen because Mr. Marcos will never win his electoral protest.”
For her part, Ms. Robredo said in an interview with reporters in her hometown of Naga City: “[A]yaw kong mag-react. Ayaw kong patulan iyong ganiyang mga statements kasi hindi naman iyan nakakatulong.” (I don’t want to react. I don’t want to give attention to those statements, because they don’t serve anything).
She added: “Ang daming problema ng bansa. Asikasuhin na lang iyong problema ng bansa kaysa pulitika parati. Kasi kaming dalawa hinalal until 2022. Obligasyon namin pareho na gawin iyong lahat naming makakaya para sa bayan, kasi iyon iyong mandato sa amin. Kaysa mag-aksaya ng panahon nang hindi naman totoo iyong mga sinasabi, magtrabaho na lang kami pareho.” (The country has a lot of problems. Let’s just attend to those problems instead of politics always. Because we were both elected by the people until 2022. It’s our obligation to do the most we can for the country because that’s our mandate. Rather than waste our time on false statements, both of us should just work).
NAGA CITY, ‘HOTBED’ OF DRUGS
Mr. Roque also said Mr. Duterte has information on Naga City as being a “hotbed of shabu.”
“Well, I’m sure he has access to information indicating certain areas to be hotbeds of shabu. And he must have seen in the report that Naga is one of them,” the spokesman said.
He added: “In any case, I don’t think it’s something that the President would say from thin air because he has access to all information that even you and I don’t have access to.”
Ms. Robredo refused to comment on the President’s claim.

Sara Duterte named among possible PDP-Laban senatorial candidates

By Camille A. Aguinaldo, Reporter
THE PARTIDO Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) has named 24 possible candidates for its senatorial slate in the upcoming 2019 midterm elections.
In a letter to President Rodrigo R. Duterte dated Aug. 15, Senator Aquilino Martin L. Pimentel III informed Mr. Duterte, the ruling party’s chairman, that PDP-Laban may tap party and non-party members as well as the re-electionist senators.
“I am seeking guidance from the party chairman on how to proceed because we are too many right now,” Mr. Pimentel told reporters after a Senate hearing, adding that not all personalities named have expressed their intention to run for senator.
Party members being considered include Special Assistant to the President Christopher Lawrence “Bong” T. Go, presidential political adviser Francis N. Tolentino, Davao City Rep. Karlo Alexei B. Nograles, Maguindanao Rep. Zajid G. Mangudadatu, Bataan Rep. Geraldine B. Roman, Makati City Rep. Manuel Monsour T. Del Rosario III, Singer Freddie Aguilar, broadcaster Jiggy Manicad, Negros Occidental Rep. Alfredo B. Benitez, Quirino Rep. Dakila Carlo E. Cua, and Mr. Pimentel himself.
Non-party members include Davao City mayor Sara Z. Duterte-Carpio, Bureau of Corrections (BuCor) chair Ronald “Bato” M. Dela Rosa, actor Robin Padilla, former senator Manuel “Lito” M. Lapid, former interior secretary Rafael M. Alunan III, broadcaster Ramon T. Tulfo, presidential spokesperson Harry L. Roque, Jr., and Taguig Rep. Pilar Juliana “Pia” S. Cayetano.
Mr. Pimentel in his letter also included the five re-electionist senators — Senators Cynthia A. Villar, Juan Edgardo M. Angara, Joseph Victor G. Ejercito, Grace S. Poe-Llamanzares and Nancy S. Binay-Angeles — who he said has been “general supportive” of the administration.
“I hope that the Party Leadership can sit down with you, as the Party Chairman, at the earliest possible time so we can talk about party matters and prepare for the fast approaching May 2019 elections,” Mr. Pimentel said in his letter.

Grab initiates talks on driver-only EDSA ban

GRAB PHILIPPINES (MyTaxi.PH, Inc.) said it is holding discussions with authorities regarding the impact of the High Occupancy Vehicle (HOV) traffic scheme, which prohibits driver-only vehicles from plying main thoroughfare EDSA during peak hours, to its ride-hailing business.
“Grab Philippines has initiated dialogues with the authorities and regulators as we seek clarity on the new High Occupancy Vehicle (HOV) traffic scheme. Key Transport Network Vehicle Service (TNVS) leaders participated in the discussions to make sure that legitimate concerns of TNVS community were well-represented,” the company said in a statement on Thursday.
The company said it is an advocate for “shared mobility,” but noted that it hopes policy makers would listen to their concerns and see it “as an important consideration in imposing new rules and regulations.”
In the meantime, the transport network company is urging its customers to avoid trips that assign pick-up and drop-off points along EDSA.
Senate leaders earlier denounced the HOV scheme, citing the absence of public consultations and lack of solid data indicating that the policy would ease traffic congestion.
Another lawmaker from the House of Representative yesterday said the HOV policy, being implemented by the Metropolitan Manila Development Authority (MMDA), is a temporary solution and does not address the bigger traffic problem in the capital.
“If we are implementing that HOV… We are clearing EDSA of traffic but again we are also creating traffic in other areas,” House transportation committee chair Cesar V. Sarmiento told reporters in an interview.
He said the best answer to traffic congestion would be an efficient mass transport system.
Panel Vice-chair Edgar Mary S. Sarmiento also said enhancing the bus dispatch system is a better solution.
“(The MMDA) should first consider synchronizing the flow of buses plying Metro Manila’s most important highway,” the Samar solon said in a statement issued Thursday.
“If you look at the present system, buses practically occupy two to four lanes in certain portions of EDSA creating chokepoints thereby causing domino effect on the traffic situation,” he said. “If you ask me, it’s the buses that are really causing the traffic in EDSA.”
FRANCHISE
Meanwhile, at a meeting of the House committee on transportation’s technical working group, Marikina Representative Bayani F. Fernando suggested that operators of all ‘colorum’ vehicles, or those without a license to run as public transport, be given amnesty as well as a franchise.
Alisin natin ‘yung pinakamalaking balakid — ‘yung ‘colorum’… bigyan na lamang ng amnesty ang lahat, bigyan ng prangkisa ang lahat ng namamasada riyan (Let’s remove the biggest stumbling block — the ‘colorum,’ let’s give all of them amnesty and franchise),” Mr. Fernando, a former Metro Manila Development Authority chair, told reporters in an interview Thursday.
He said legalizing ‘colorum’ vehicles is the “best measure for road capacity,” noting that these continue to thrive due to passenger demand.
Mr. Fernando added that in exchange for the amnesty program, the Land Transportation Franchising and Regulatory Board (LTFRB) should impose “draconian measures” such as immediately destroying ‘colorum’ vehicles caught after the amnesty period.
Committee member Rozzano Rufino B. Biazon, however, said “enforcement against ‘colorum’ should be heightened if we are to consider amnesty.” — Denise A. Valdez and Charmaine A. Tadalan

Cayetano: Chinese radio warnings on other aircraft ‘routine’

By Camille A. Aguinaldo, Reporter
FOREIGN Affairs Secretary Alan Peter S. Cayetano on Thursday described as “routine” the reported Chinese radio warnings against Philippine and American military aircraft operating in the South China Sea.
“Did they report how many times Filipinos asked the Chinese to leave our waters? As I said this is routine. So anyone who comes into you, you go over the Paracels, the Vietnamese will say, ‘this is Vietnamese land.’ The Chinese will say, ‘no, it’s Chinese so you go on our land.’ So it’s routine,” Mr. Cayetano told reporters after a forum in Pasay City.
According to a BBC report, China radioed Philippine and American military planes flying over South China Sea to stay away from the Chinese-controlled artificial islands in the region to prevent misunderstanding.
In a speech on Tuesday, President Rodrigo R. Duterte responded to the report and called on China to temper its behavior in South China Sea, adding that he did not want a quarrel with the country.
“You cannot create an island. It’s man-made and you say that the air above this artificial island is yours. That is wrong because those waters are — what would (be) consider(ed) international sea. And the right of innocent passage is guaranteed. It does not need any permission to sail through the open seas,” he said.
Sought for comment on the President’s remarks, Mr. Cayetano said it showed closer relations with China since Mr. Duterte felt “comfortable enough to communicate” his sentiments. He added that his recent statements did not weaken the two country’s relationship.
“In fact, I interpret as even a closer relationship because the closer you are, the more you can tell each other your feelings,” he said, noting as well that the President cited the United Nations Convention on the Law of the Sea (UNCLoS).
“I believe this is an honest off-the-cuff remark of an incident that he feels should be addressed,” he added.
Mr. Cayetano also said he, along with Defense Secretary Delfin N. Lorenzana and National Security Adviser Hermogenes C. Esperon, Jr.,on informed the President Wednesday afternoon that the radio warnings were just “routine.”
Nevertheless, the country’s top diplomat said Mr. Duterte has instructed them to coordinate with their counterparts in China to find a “better way of talking to each other.”
“I was with the Defense secretary and the NSA secretary then we went to the President this afternoon, and we told him, ‘Sir, this is routine. We continue to tell anyone who goes into our waters, fly over, that you are in Philippine territory,’ and they continue to tell us,” he said.
“But the President gave us instructions regardless if it’s routine, regardless of good intentions, whatever, that’s not how friends treat each other so he asked me please, talk to your counterparts. We’ve worked out many things in the past, he’s confident we can work this out,” he added.
Asked for updates on the joint exploration with China, Mr. Cayetano said they are targeting a framework agreement between the two countries by September.
He said he will head to China “soon” to discuss the draft framework with his counterparts. He hoped that the agreement will favor the Philippines, similar to the Malampaya gas project deal.
“All parties have to set aside for the meantime their claims both to territory and sovereign rights so that you can have joint exploration,” he said.
“So in our case, let’s stop fighting, let’s start drilling,” he added.

On the web

Eid’l Adha on Aug. 21

Malacañang issued Proclamation No. 556 on Wednesday, Aug. 15, declaring Eid’l Adha (Feast of Sacrifice) a holiday on Aug. 21.
>> See full story on https://goo.gl/5qee4x

GOCC dividends in Jan.-July exceed 2017 total

Government-Owned and Controlled Corporations (GOCCs) have remitted a total of P32.03 billion this year to the National Government, the Department of Finance said in a briefer on Wednesday, Aug. 15, marking 2018 GOCC Day.
>> See full story https://goo.gl/Y5zpXg

Rain-battered


Parts of northern Luzon continue to wrestle with the impact of more than a week of continuous enhanced southwest monsoon rains, which has left several roads inaccessible and towns flooded.

New Tawi Bridge

Construction of the P260-million new Tawi bridge, which will replace an “old dilapidated” one, has started, Department of Public Works and Highways (DPWH)-Cagayan Valley Regional Director Melanio C. Briosos announced on Aug. 15. The 270-meter structure in Peñablanca, Cagayan will benefit 13 barangays by providing improved transport access for agricultural goods as well as tourism sites such as the Callao Caves. The Tawi Bridge project is under the Convergence and Support Program of DPWH and the Department of Tourism’s Road Infrastructure Program.

Without TRO, signing of P18B Kawit Island project to push through

CEBU CITY Mayor Tomas R. Osmeña said the signing of the local government’s joint venture agreement (JVA) with Gokongwei-led Universal Hotels and Resorts, Inc. (UHRI) for an P18-billion mixed-use complex will push through today, Aug. 17, if the court does not issue a restraining order. Mr. Osmeña said on Wednesday that the case for a temporary restraining order (TRO) filed earlier this week by a village official is just “harassment” by members of the opposition party who disapproved the deal. “We will let our lawyers handle that. We’re entitled to answer. It’s just harassment because they will lose the elections if we will have this project. It’s the biggest single employment of the south district. They want to stall it. It’s a matter of political survival for them,” the mayor told reporters. Mr. Osmeña said he invited Vice Mayor Edgardo C. Labella and other opposition officials to attend the JVA signing today. Mr. Labella, on the other hand, said it would be ironic for them to do so after the city council, which he chairs, did not authorize the mayor to sign the contract. — The Freeman

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