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Boracay stakeholders vow to police own ranks

STAKEHOLDERS IN Boracay have pledged to police their own ranks to ensure compliance to environmental and other laws as the resort island prepares to reopen for tourists. “I believe we all had an understanding that each sector shall police its own ranks by making sure members abide by the rules and regulations to operate. Boracay stakeholders heartily accepted their shortcomings and are doing their best to be compliant,” said Department of Tourism-Western Visayas (DoT-6) Regional Director Helen J. Catalbas. The Boracay Stakeholders Core Group recently met with Tourism Undersecretary Arturo P. Boncato, Jr. to discuss the programs on compliance, accreditation, trainings, and promotions and marketing. “We will make sure Boracay is ready with its services and facilities before reopening. We have the support of our stakeholders, and with that, we are assured that a better, cleaner and environment-friendly Boracay Island will welcome us soon,” Ms. Catalbas said. The DoT-6 will conduct trainings for Boracay frontliners starting this month in preparation for the reopening in October. The Boracay group, meanwhile, sought government assurance that only compliant establishments would be allowed to operate. Ms. Catalbas said the core group also suggested that regulatory bodies expedite the processing of permits and clearances in consideration of the carrying capacity of the island, which has yet to be released by the Department of Environment and Natural Resources. Boracay’s six-month closure started on April 26. — Louine Hope U. Conserva

Bukidnon adventure park owner charged for unregistered businesses

THE BUREAU of Internal Revenue (BIR) has filed a criminal complaint against Bukidnon businessman Renie Guiguio Jipos for operating several businesses without registration. In a statement on Wednesday, the BIR said Mr. Jipos is facing seven counts of Unlawful Pursuit of Business in violation of the National Internal Revenue Code of 1997. “(Mr. Jipos) is the sole proprietor of Bonseta’s Fun Fun Ride Adventure Park, Princes (sic) Marie Convenience Store, and Nycha Water Refilling Station located at Talakag, Bukidnon” which were discovered to have been operating “since 2017 without prior registration with the BIR and without payment of the annual registration fees as required by the Tax Code.” The case stemmed from a customer complaint over an unauthorized and unregistered receipt for a P50 entrance fee to the adventure park. — Dane Angelo M. Enerio

Fish school

A new building at Barangay Liboganon in Tagum City, built by the local government at a cost of P2 million, houses this Fish Processing Center to be used by the senior high school students of Liboganon Integrated School.

Nation at a Glance — (07/05/18)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.

Humanistic management sucks less and is better for your health

How are you doing? How well did you sleep last night?
Being asked about your well-being and the quality of your sleep may reveal important insights for good organizing practices. If these questions are asked with authentic curiosity, the resulting insights could transform businesses. That is at least what more and more CEOs are finding out.
Not so long ago, Arianna Huffington, co-founder and editor-in-chief of the Huffington Post, had a breakdown caused by sleep deprivation. Since then, she has become an advocate of the importance of sleep.
She argues that “we are in the midst of a sleep deprivation crisis, with profound consequences to our health, our job performance, our relationships and our happiness. What we need is nothing short of a sleep revolution: only by renewing our relationship with sleep can we take back control of our lives.”
There is no lack of good sleep advice; still, business culture seems to celebrate those who can operate tirelessly on four hours of sleep (and apparently, such people exist).
Enter Larry Fink, CEO of Blackrock, one of the world’s largest asset management companies. Fink commands close to $7 trillion under management. His company owns 3 to 7% of assets of most, if not every, publicly-listed company in the United States. Fink’s recent letter to CEOs reportedly caused sleepless nights. At the World Economic Forum in Davos and beyond, Fink’s letter became the conversation item — a signal that it had jolted business leadership awake. (Check out the letter here: http://bit.ly/finkletter).
If you read the letter, you might wonder that it would cause much fuss at all. Fink is asking CEOs to articulate more clearly their social purpose and to adapt their corporate governance systems to ensure long-term value creation.
Why should this be a problem?
I have talked a lot with my students and executives about the letter. They generally conclude that both social legitimacy and long-term-oriented corporate governance are at odds with current business culture. Business culture and business practice are widely thought of only in terms of short-term oriented profit maximization. People hate business because it neglects concerns about human dignity and well-being. Business ethics professor R. Edward Freeman calls this the “business sucks” narrative.
Freeman suggests that the “business sucks” story is one of the dominant modes of thought in society. It shows a profound mistrust and misunderstanding of the role of business. Freeman suggests that there reigns a dominant myth in society that business occupies the moral low ground, separate from ethics or a humanistic concern. How could one ever envision business as having a social purpose in that case? Freeman shows how the enactment of this story underlies business thinking among many managers and business theorists (including those who have trouble with Fink’s letter).
He concludes with a suggestion to rethink and reinvent this story along more realistic and more empowering lines. He also suggests that a humanistic, values-based form of capitalism, or stakeholder capitalism, offers a better way to understand the complex role that business does and should play in modern society.
In the light of Freeman’s suggestions, one could interpret Fink’s letter as a fundamental challenge to corporate executives to ditch the “business sucks” narrative. This is indeed a monumental task that can keep you up at night.
To highlight how widespread and deeply rooted this story is, let’s consider the case of Kevin O’ Marah, a business insider and columnist at Forbes. He writes: “I hate business but I love Larry Fink:”
“Business, especially in big, public companies is all about money. Executives have only one real duty: to maximize shareholder value. Lip service about other accountabilities notwithstanding, the fact is that C-level executives’ responsibility forces them to choose the path of highest risk-adjusted net present value.
This drives all kinds of objectionable behavior from exploitative labor practices and pollution to tax evasion. Individual executives may hate it as a matter of conscience, but they are expected to suck it up and, if necessary, do the dirty work.
Equity markets are soulless by design, with a harsh binary logic that recognizes only two signals: buy or sell. Harnessed, as it is now, to the frenetic news cycle of our digital age this engine has become increasingly ill-suited to long-term thinking.
At the limit we are tempting revolution by maniacally chasing profit at all cost. Politics reflects this dissatisfaction and is issuing a warning we’d be wise to heed.
It makes me fear for the future.”
O’Marah has high hopes for Larry Fink because he is asking business to suck less. And that may scare CEOs who have spent their lives in defending current practices.
For many other people, including social activists, Larry Fink’s letter is trivial, mattering only because of who is saying it. Much like O’ Marah, they hope that Fink’s exhortation can lead to a system that increases the well-being of all.
 
Michael Pirson is an Associate Professor of Management, Global Sustainability, and Social Entrepreneurship at Fordham University. He co-founded the International Humanistic Management Association, of which De La Salle University is a part.
pirson@fordham.edu

DBM warns against digital disruption as it renews call for government processing reforms

DAVAO CITY — The Department of Budget and Management (DBM) has alerted local governments and national agencies to be ready for digital disruption as it reiterated the need to implement information and communication technology (ICT) reforms for more efficient processing systems.
“Most of us have gone through baptism of fire in implementing digital systems,” DBM Undersecretary Lilia C. Guillermo said during the recent 10th National ICT Summit held late June in Davao City.
In this age of disruption, she said public institutions also need to prepare for technological challenges within changing “political realm” and “digital storms” in implementation.
She acknowledged that the public sector remains a laggard in adopting technology for improving the delivery of government services.
“Our country has become a world leader in the growth of ICT, particularly in the business process outsourcing, but our government is not yet effectively online,” said Ms. Guillermo, also the DBM chief information officer and president of the Chief Information Officers Forum, Inc.
She cited a study conducted by Microsoft Asia Digital Transformation Survey involving 1,494 business decision makers across Asia indicating that among the barriers to digital transformation are lack of leadership in the organization to execute technological changes, lack of digitally-skilled workforce, cyber threats and security concerns, the right government policies, and ICT infrastructure.
Nonetheless, Ms. Guillermo said the DBM remains steadfast in collaborating with the Department of Information and Communications Technology to bring reforms in the bureaucracy.
“Digital transformation in government is upon us, ICT contributed substantially to the economy and the society in the Philippines today, and it has the potential to do so even more,” she said.
Digitization, she said, should not only mean establishing online services but also using technology to monitor government expenditures.
She further noted that the government needs an integrated infrastructure support to achieve digital transformation.
Meanwhile, Davao City Mayor Sara Duterte-Carpio said the City Information and Technology Center (CITC) is pursuing systems on online payment for occupational and business permits, internal business processes of the city government, and for the agriculture sector.
“We recognize that ICT is an integral tool in governance and economic development,” she said.
The CITC is also handling the information system on public utility drivers and vehicle profiling, which is used by the City Transport and Traffic Management Office to monitor, detect, prevent, and respond to possible threats in the city.
“This is an affirmation of how digital transformation can leverage government thrust such as public safety,” Ms. Carpio said.– Carmencita A. Carillo

True public servants

Often enough we have heard the expression from older folk: “They don’t make them like they used to.” And to an extent, I would have to agree. There is no doubt that advances in technology in various fields, including telecommunication and medicine, have made things better for us. But while phones have become smarter, we can’t always say the same about their owners.
And this is where I salute the likes of former Vice-President, and Foreign Affairs Secretary, former senator, and former Commission on Audit Chairman Teofisto “Tito” Tayko Guingona, Jr., whom, I believe, celebrated his 90th birthday yesterday, July 4th. Quite a fitting date for the man, I would say, for it was on the same day in 1946 that the republic was born from the ashes of war.
Having been born in 1928, during the American period and just before the Commonwealth Era, Tito was celebrating his 18th birthday on the day the Philippines was granted independence after World War II, as proclaimed by then US President Harry S. Truman. The Philippines was officially released from the clutches of the United States as that sovereign’s one and only colony in Asia.
About seven years ago I had the distinct pleasure of sitting down with Tito, and as I had noted in a previous column, what struck me during that candid dinner conversation at his New Manila home was that despite his advanced age, the elderly statesman remained full of life and hope and for the country.
At the time, if I recall correctly, he could still play tennis at nearby Quezon City Sports Club. I am uncertain if he still could, nowadays. I suppose most days are now spent reading or perhaps putting down notes. Or spending more time on much needed rest. At 90, one’s physical activities can be significantly limited, but I am sure his mind and his spirit remain vigorous and active.
What also truly struck me at the time was his modesty. Tito has been living in the same New Manila residence for 55 years now. And if you get to visit his house, it has not changed much since it was first built, architecture and structure, and all. Other than a renovated dining room, it is pretty much an “old” house. Clean, well-maintained, but old still.
He goes around town in an old Toyota Innova, and despite having served as Vice-President from 2001 to 2004, in his home or around him, you see none of the trappings of power or officialdom. No Benzes or BMWs in his garage. And his five-decades-old house is adorned not by expensive treasures but by memorabilia of a life well spent serving others.
I recall him to be sharp, witty, and eloquent during that dinner seven years ago. He shared a number of things, including his thoughts about US President Abraham Lincoln: “When he was president, he was criticized much, almost constantly, and bitterly, even by his own party. But, eventually, he managed, because he was basically honest, he had values.”
Lincoln was a self-educated country lawyer from very humble beginnings. He was elected 16th president of the United States in 1860, and then again in 1864. He was into his second term when he died in office in 1865, felled by an assassin’s bullet. Lincoln was credited for preserving the union, as he led the country through Civil War, and ending slavery in the US.
I recall Tito sharing that Lincoln, who led the US through its most turbulent time, was defied even by his own military commanders. And, at one point during his first term as president, was almost ousted. And yet, despite these struggles, he prevailed and even managed to successfully win a second term.
He also noted that some Philippine presidents were “sayang” or a waste, including Ferdinand Marcos, who first became Chief Executive in 1965. Marcos, he said, could have been like Singapore’s Lee Kuan Yew, whose strong leadership of the island-nation helped reform it from a problematic territory to a modern, first-world nation.
Given his comments, and his body language, during the conversation over dinner seven years ago, I could not help but sense that Tito, at 83, was just as passionate about nation-building as he was four decades prior. I can only hope that that passion and spirit, and that eagerness to help or offer counsel, remain with him still despite his advanced age.
Tito Guingona was in “power” for 18 years, from 1986 to 2004. He had been Commission on Audit Chairman, Executive Secretary, Justice Secretary, Foreign Affairs Secretary, Senator, and Vice President. Prior to this, he was a delegate to the constitutional convention in 1971. And being in the opposition at the time, he was jailed twice during Martial Law.
His family has been in public service since the 1930s. His wife, Ruthie, has been Gingoog City mayor and Misamis Oriental governor. His son, Teofisto III or TG, has been senator and congressman for the second district of Bukidnon. And Tito’s father, Teofisto Guingona Sr., was Governor of the entire Mindanao Island during the term of President Manuel Luis Quezon.
The Guingona family has had access to government, politicians, industrialists, and other important people, as well as “perks” and “opportunities” in government and in business for almost 90 years, up until TG stepped down as senator in 2010. And, to date, all that Tito has to show for all those years is an old home, an old car, and his books and memorabilia.
But, to me, more than anything, his family also leaves an unparalleled legacy of public service by three generations. They may have had highs and lows, but they have always been unblemished. And, in Tito’s case, it is a legacy of public service that can come only from the true Atenean that he is, a real man for others.
 
Marvin Tort is a former managing editor of BusinessWorld, and a former chairman of the Philippines Press Council
matort@yahoo.com

CoA should consider benefits of Malampaya project

When developing economies attract multinational companies, they reap benefits. These developing economies get to have more commodities and services that otherwise would remain untapped for a long time. And, as a result, they also earn more revenues, taxes, and royalties even if these economies spent very little. Moreover, technology transfer from multinationals to developing economies is enabled as local professionals are hired to operate, maintain, and upgrade facilities.
In the case of Malampaya gas to power project in offshore Palawan, the Philippine government has attained these and other advantages: (1) more electricity production from domestic natural gas, (2) more revenues via Malampaya royalties, 60% of gross production amounting to more than P400 billion over the last 16 years (see table).

The Department of Energy’s (DoE) actual count of royalties from 2002 to 2017 is P424.7 billion. My computation above of P459.6 billion is only an estimate from a simple multiplication of $ million by the average exchange rate.
The third benefit is that some of Malampaya gas is used to power compressed natural gas (CNG) buses that ply the Manila-Southern Luzon routes. As a result, less pollution is produced.
The fourth benefit from the project is that it employs skilled Filipino professionals and engineers. Onshore Filipino staff also have the knowledge to build smaller platforms for offshore gas rigs.
With these benefits in mind, these two reports among others caught my attention:
“Shell focused on tax fight, not Malampaya extension” (BusinessWorld, Dec. 8, 2017).
“CoA: Malampaya must reimburse government P146 billion” (Philippine Star, May 17, 2018).
Under Service Contract 38 with the Department of Energy, sharing of revenues is 60-40 for the Philippine government and the Malampaya consortium, respectively. The Philippine government spent almost nothing in the high-risk and very costly exploration and drilling for gas in deep waters far out from Palawan mainland. The government just collects 60% of total revenues because it is the government.
The Malampaya consortium spent huge amounts of money and technology, risked their people in the exploration, drilling, development, and laying down heavy pipelines in seabed hundreds of kilometers to Batangas power plants. And they get only 40% of the revenues.
The consortium is composed of three companies with their respective equity participation in parenthesis: Shell Philippines Exploration B.V. (SPEX, 45%), Chevron Malampaya LLC (45%), and Philippine National Oil Co.-Exploration Corp. (PNOC-EC, 10%).
The Commission on Audit (CoA) however, has ruled several years ago that aside from surrendering upfront 60% of gross revenues to the government, the consortium must pay income taxes to the BIR/DOF from their 40% share.
That kind of thinking is scandalous for the following reasons.
One, the law where SC 38 was based, Presidential Decree (PD) 87, “The Oil Exploration and Development Act of 1972,” gives the contractor, the Malampaya consortium, the privilege of bundling the income tax within the 60% share of government.
Two, under PD 87, the government assumes zero investment cost and risk. So if the consortium did not discover huge amounts of natural gas from Malampaya, the government was not required reimburse them for expenses.
Three, it does not recognize that aside from the huge money the Philippine government receives yearly from the consortium, electricity supply is significantly bolstered especially in the Luzon grid. Coal contributes 50% and natural gas contributes another 22% of total electricity production in the Philippines in 2017. These energy sources are stable 24/7 and are not intermittent, unstable, and unreliable such as solar and wind power.
Four, the move by CoA discourages present and future investments in high risk, capital-and technology-intensive sectors that some government agencies can change rules somewhere and demand huge money midstream.
It is good that the DoE, DoF and Office of Solicitor General (OSG) in previous administrations and even in current administration did not think this way.
But the CoA remains persistent and has ordered the consortium to pay P146.8 billion or nearly $3 billion of “unpaid income taxes” from 2002 to 2017.
CoA should stop these moves and consider the many other advantages of the Malampaya gas to the Philippine economy.
There should be more big private investments in the country like the Malampaya gas development, less politics, and intrusive government bureaucracies that discourage investments.
 
Bienvenido S. Oplas, Jr. is President of Minimal Government Thinkers, a member-institute of Economic Freedom Network (EFN) Asia.
minimalgovernment@gmail.com

Stemming the tide of plastic pollution

The Editors, Bloomberg
THE European Commission’s proposal to ban plastic straws, plates, cutlery, and drink stirrers, and slash the consumption of many other single-use products, is more than just a nice, novel idea. It’s a step urgently needed from every country — as plastic trash pours into the oceans at the rate of almost 9 million tons a year.
The flood of trash is killing fish, turtles, seals, coral, and birds, and getting into the seafood people eat. If no action is taken, over the coming decade it stands to increase tenfold.
The problem stems from the sheer volume of plastic in existence — more than 9 billion tons, most of it produced since 2000 — and from humanity’s haphazard efforts to dispose of it. Three-fourths of plastic produced goes to waste, and less than a tenth of that gets recycled, though Europe does a better job than the global average, recycling nearly 30%.
Countries with competent waste-management systems bury a lot of the plastic refuse in landfills. But many low- and middle-income countries can’t cope with the rising volume, and much ends up getting tossed to the four winds. Abandoned to nature, plastic lasts for centuries, breaking apart into ever smaller pieces but never assimilating into earth or water.

The challenge, first, is to stop any more of this plastic from reaching the ocean. Bigger landfills aren’t a lasting solution. Many counties lack adequate space, and unless landfills are well built, they can contaminate surrounding water and soils. Nor would it be wise to expand incineration, presently the fate of about 12% of the world’s plastic trash. Burning emits toxic residue from softeners and dyes, as well as copious amounts of carbon dioxide. (Plastics, after all, are made of hydrocarbons.)
Fundamentally, too, when plastic is landfilled or incinerated, the opportunity to conserve the energy used to create it is lost, and an endless stream of waste is generated. This is why the EU, like many conservation groups, has adopted a three-R approach: Reduce plastic use, reuse the stuff that’s needed, and recycle everything that can’t be reused.
The EU’s proposed ban is aimed at reducing the most easily substituted plastics — the single-use implements that are often used away from home and littered. They account for 50% of trash on EU beaches. And their use is now expanding rapidly in developing countries.
The ban is just one of a set of measures proposed. Eventually, countries would also have to reduce the use of plastic food containers and drink cups, perhaps by encouraging alternatives. Manufacturers of plastic food containers, cigarette filters, fishing gear and other products not banned would be required to help pay for litter prevention and cleanup.
The EU aims to increase the amount of plastic that gets recycled to more than 50% by 2025, including 90% of disposable plastic bottles — by pushing manufacturers to create materials that are easily reusable or recyclable, for instance, and by encouraging a larger market for recycled plastic.
The recycling challenge has become more urgent now that China has stopped doing the job for other countries. Until recently China had been the world’s biggest importer of plastic for recycling, and Europe, the biggest exporter.
It will take many months for the EU’s plastics proposal to work its way through the European Parliament and the European Council and, if it is approved, years more to phase in. Europe needs to move with all possible speed, and other countries must be quick to follow suit — not just with isolated bans on plastic bags, bottles, or straws, but with similarly comprehensive efforts to stem the entire plastic tide.

Kasambahays now entitled to more leave benefits

By Gillian M. Cortez
Household workers are now entitled to leave benefits courtesy of the labor department’s advisory, which reinforces Republic Act 10361 or the Kasambahay law.
“Our household service workers shall be entitled to all the rights and benefits granted under RA 10361, or Batas Kasambahay, as amended unless expressly provided. The employers are not prohibited from granting such other benefits in addition to the minimum requirements of the law,” Department of Labor and Employment (DoLE) Secretary Silvestre H. Bello said in a press statement on Wednesday, July 4.
The labor secretary issued Labor Advisory No. 10 or “Entitlement of Kasambahay to Other Statutory Leave Benefits and Labor Standard Benefits” which will further strengthen the rights of household workers and their entitlement to work benefits and statutory leaves.
The labor advisory identified three other laws that “entitle kasambahays to special leave benefits,” DoLE said in its press statement.
Household service workers can avail of the Solo Parent Leave (Republic Act 8972), Special Leave Benefit for Women under the Magna Carta for Women (Republic Act 9710), and Violence against Women and their Children (VAWC) Leave (Republic Act 9262) “provided he/she meets all the conditions for entitlement,” the advisory stated.
Aside from these leaves, household workers are also still entitled for a five-day service incentive leave that is granted under the Labor Code.
DoLE said that the Kasambahay Law will entitle household workers to “13th-month pay, five days annual service incentive leave, and a one whole day uninterrupted weekly rest period.” Household workers will also get to enjoy social benefits such as availing Social Security System(SSS), Philhealth, and Pag-Ibig.

Beermen continue ascent with 115-106 victory over Blackwater

By Michael Angelo S. Murillo, Senior Reporter
THE defending Philippine Basketball Association Commissioner’s Cup champions San Miguel Beermen are finishing strong in the ongoing tournament after defeating the Blackwater Elite, 115-106, on Wednesday night at the Mall of Asia Arena for their third straight victory.
Had a slow start to the game against the Elite, the Beermen stayed the course and when they finally found their groove, channelled the unstoppable the rest of the way.
Blackwater got off to a fast start, racing to an 11-0 lead in the first two minutes of the opening canto.
But San Miguel would not stay behind too far after, going on a 21-14 run in the next six minutes to trim Blackwater’s lead to just three points, 26-23.
The Elite though eventually held the fort, 34-28, in the first 12 minutes of the contest.
The Beermen would continue to fight their way back in the second period.
They tied the count at 47-all at the 3:07 mark of the quarter following a triple from Marcio Lassiter before sprinting to a 57-49 advantage for the remainder of the first half.
Blackwater tried to regain some ground to start the third period only to find a San Miguel crew ready for it.
San Miguel extended its lead to 16 points, 69-53, with 8:41 to go as newly acquired big man Kelly Nabong found his touch.
Import Henry Walker kept the Elite within striking distance after but the Beermen would go on to hold sway, 84-70, heading into the final frame.
Recognizing that they had the Elite on the ropes, the Beermen went for the early finish to start the fourth period.
San Miguel stretched its lead to 22 points, 94-72, at the 9:45 mark.
But Blackwater would go on a mini-run in the next minute and a half, led by off-the-bench players Chris Javier and Ael Banal, slicing their deficit to 14 points, 95-81.
The Beermen recoiled thereafter, building up their biggest lead of 24 markers, 107-83, with five and a half minutes remaining in the game.
The Elite made the score more respectable in the wind-up, cutting the Beermen’s lead to nine points as the final buzzer sounded, 115-106.
Arwind Santos top-scored for the Beermen with 23 points to go along with 15 rebounds.
Mr. Lassiter had 18 points with Alex Cabagnot and import Renaldo Balkman adding 12 points apiece.
Mr. Walker led Blackwater with 26 points and 12 rebounds while Mike DiGregorio finished with 19 points.
“We know we have to play our best in our remaining games because our standing is not really that good,” said Mr. Santos, whose team improved to 6-4 with a game left in the elimination round.
“We have to continue doing this in the next game to put us in a better position heading into the playoffs,” he added.
San Miguel finishes its elimination-round assignments on Saturday, June 7, against the Magnolia Hotshots Pambasang Manok.
Blackwater, meanwhile, played its last game of the tournament, finishing its campaign with a forgettable 1-10 record.

GSIS close to hiring wealth managers for its $800-M offshore investments

The Government Service Insurance System (GSIS) is evaluating external asset managers who applied to manage $800 million worth of investments in a move to diversify its funds.
“We’re looking at the resumes of the external fund managers. We want to make sure that they’re really qualified. We have to be able to trust them,” GSIS President and General Manager Jesus Clint O. Aranas said in a press conference Wednesday, July 4.
Mr. Aranas said more than 40 fund managers applied for the trust fund, with the state pension fund only hiring two.
Qualifications for the pension fund’s wealth managers include proven track record, global presence and an experience of at least 10 years in the financial markets, Mr. Aranas said.
GSIS has extended its search for external asset managers by a month until April 13 as it wants to receive more applicants. — Karl Angelo N. Vidal

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