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House body OKs DBP capital hike

BW FILE PHOTO

By Kenneth Christiane L. Basilio, Reporter

A HOUSE of Representatives committee on Monday approved a substitute bill that seeks to increase Development Bank of the Philippines’ (DBP) capital stock to P300 billion from P35 billion under a new charter.

The state-owned lender is seeking to update its 26-year-old charter to better fulfill its mandate of funding infrastructure projects and loans for small businesses.

“We have to increase the capital so we can increase our lending [capacity],” DBP President and Chief Executive Officer Michael O. de Jesus told BusinessWorld in an interview after the House banks committee approved the measure.

The bill gives DBP an authorized capital stock of P300 billion, with the National Government being mandated to own 70% of the bank’s capital stock at all times, according to a copy of the bill obtained by BusinessWorld.

The bill also prescribes that 10.67% or P32 billion of the stock be subscribed to and paid from the state’s coffers.

“The bigger the bank… the more we can continue lending,” Mr. De Jesus said. “The more we build our capital, the more we have [the power] to fulfill our mandate, which is to finance industry.”

It also allows DBP to issue public stocks through an initial public offering, according to Mr. De Jesus. “Right now, the bank is 100% owned by the National Government… But the bank can sell up to 30% to the public or to other government corporations sometime in the future.”

Mr. de Jesus said the bank would likely list “within five to seven years,” citing the need to first increase the valuation of the bank.

The House bill also expands DBP’s mandate to include funding for government programs that seek to spur economic growth and increase productivity, a shift from its 1986 Charter, which focused on providing services to agricultural and industrial enterprises.

“The bank shall support the programs of the government… such as the development of both digital and physical infrastructure, expansion of business, especially micro, small and medium enterprises, and high-impact programs in education, healthcare, housing, other social services and those that support the protection of the government,” according to a copy of the bill.

ABCOMP and Tookitaki ink memo versus dirty money

THE ASSOCIATION of Bank Compliance Officers (ABCOMP) has signed a memorandum of understanding with Singapore-based anti-money laundering software provider Tookitaki Holding Pte. Ltd. to promote knowledge-sharing against dirty money.

“This collaboration is not only timely but aligns directly with our national agenda,” ABCOMP President Ma. Bernadette T. Ratcliffe said in a statement on Monday. “By partnering with Tookitaki, we are equipping our financial institutions with enhanced detection and prevention capabilities, which are critical for meeting FATF (Financial Action Task Force) requirements and restoring global confidence in the Philippines’ financial system.”

Under the partnership, the parties will set up a framework for knowledge-sharing sessions and collaborative initiatives.

ABCOMP members will gain access to Tookitaki’s library of anti-money laundering and fraud scenarios that is regularly updated to reflect the latest trends.

Tookitaki’s Anti-Financial Crime Ecosystem provides a platform that connects global financial experts and institutions, while ABCOMP offers knowledge of chief compliance officers within the Philippine banking sector.

“Our shared goal is to create a more robust and effective approach to financial crime prevention in the Philippines,” Tookitaki founder and Chief Executive Officer Abhishek Chatterjee said in the statement.

“By pooling our resources and expertise, we can make significant strides toward enhancing compliance and restoring confidence in the financial system,” he added.

Tookitaki will also support the development of a quarterly white paper to share insights with the financial community and regulators.

The partnership was made to help the Philippines get out of the FATF’s “gray list” by next year, ABCOMP said.

The FATF last month kept the Philippines on its list of jurisdictions under increased monitoring for dirty money risks. The country has been on the gray list since June 2021.

Still, it said the country has addressed the remaining deficiencies in its recommended actions.

The dirty money watchdog is set to conduct an onsite visit to verify the Philippines’ progress in its action plan and implementation of reforms. This will to take place between now and February 2025. — Aaron Michael C. Sy

Jeff Beck’s guitars and amps to go on sale in London

PRESS.CHRISTIES.COM

LONDON — More than 130 electric guitars, amps, and other pieces of musical equipment that belonged to English guitar legend Jeff Beck will go on sale in London next year, Christie’s auctioneers said on Friday.

Often described as a “guitarist’s guitarist,” Mr. Beck rose to fame with The Yardbirds, went on to pursue a solo career and was hailed as a great alongside the likes of Eric Clapton and Jimmy Page. He died last year aged 78.

The auction includes one of Mr. Beck’s most recognizable instruments: the coffee-colored 1954 “Oxblood” Gibson Les Paul depicted on the cover of his 1975 instrumental album Blow By Blow. Its value is estimated at £350,000-£500,000 ($444,000-$634,000), Christie’s said.

The “Tele-gib” — a guitar heard on the Stevie Wonder track “Cause We’ve Ended As Lovers,” from the same album — will also go on sale, with an estimated value of £100,000-£150,000.

“These guitars were his great love and after almost two years of his passing it’s time to part with them as Jeff wished,” Mr. Beck’s widow Sandra said. “It is a massive wrench to part with them but I know Jeff wanted for me to share this love.

“I hope the future guitarists who acquire these items are able to move closer to the genius who played them,” she said.

Highlights from the auction will go on show in Los Angeles from Dec. 4-6. The full collection will be displayed at Christie’s London headquarters from Jan. 15 until the auction on Jan. 22.

“His magic lay in the balance between the fluidity and aggression of his playing and his technical brilliance, which could swing from furious attack one moment to sheer ethereal beauty in the next,” Amelia Walker, Christie’s Specialist Head of Private & Iconic Collections, London, said. — Reuters

Pueblo de Oro invests P1.2B in Carcar City townhouse project

PHOTO COURTESY OF PUEBLO DE ORO

PUEBLO DE ORO Development Corp. (PDO) is allocating P1.2 billion to develop a 10-hectare (ha) townhouse project in Carcar City, Cebu, which is scheduled for completion by 2029.

The 900-unit townhouse development, named Pueblo de Oro Townhomes Carcar, will be located on a 10-ha property in Barangay Can-asujan in Carcar City, Cebu, PDO said in an e-mail to BusinessWorld.

“Pueblo de Oro, a member of the ICCP (Investment and Capital Corp. of the Philippines) Group, is investing P1.2 billion in Carcar City as part of its strategy to expand into promising regional markets,” it said.

The real estate developer held its groundbreaking ceremony for the new townhouse project on Sept. 26. It will be launched in the first quarter of 2025.

Pueblo de Oro Townhomes Carcar will feature a “modern Asian” architectural style, blending contemporary minimalism with references to Asian aesthetics, the company stated.

“We are highlighting contemporary minimalism through a focus on clean, functional lines meant to evoke simplicity and functionality,” PDO said, noting the use of combined textures to add contrast, depth, and visual interest.

Each housing unit includes a balcony, based on the homeowner’s preference, and ample windows.

The property also features a natural slope and terrain landscape that is 42 meters above sea level. It is nestled within the scenic landscape of the city, blending into its natural surroundings to offer comfort and serenity.

To ensure easy access, various developed and cemented access roads lead to the property. It is also near key establishments like schools, a church, hospitals, markets, and malls.

Its lot sizes are ideal for starting families and single-income earners, according to the real estate developer.

PDO said it plans to work with various government and private financial institutions like the Home Development Mutual Fund (Pag-IBIG Fund) to offer homebuyers lower interest rates. It will also allow for low staggered monthly equity payments.

Carcar City is just an hour’s drive from Cebu City, making it accessible by commute while providing a relaxed, suburban lifestyle, according to PDO.

The city is also known for its rich heritage and culture, as well as its scenic environment.

Pueblo De Oro Townhomes Carcar is the real estate developer’s latest project in Cebu, alongside its 30-ha residential project and retail hub in Lapu-Lapu City. — Beatriz Marie D. Cruz

World Wide Web inventor wants the internet back

FREEPIK

TIM BERNERS-LEE has a radical proposition. Instead of leaving our online data vulnerable to harvesting by large tech platforms and governments, we should control it. Our own little piece of the web or “personal cloud” should need permission to be accessed.

The idea sounds reasonable in theory, though in practice it’s a big ask. The internet today isn’t the vibrant, motley network that came into being after Berners-Lee first fashioned it in 1989, but a landscape dominated by huge companies like Alphabet, Inc.’s Google and Meta Platforms, Inc.’s Facebook. In many parts of the world, Facebook is the internet and the only experience that people have of the web. Most apps function as gatekeepers of our personal data.

Berners-Lee wants to flip that dynamic. Over the last decade or so, he’s watched the web’s evolution with mounting dismay as we’ve traded our data for greater conveniences, plugging into “ecosystems” from Apple, Inc. and Google so that we can seamlessly move our profiles — full of identifying details and interests — between e-mail clients and online browsers. The platforms insist they’re protecting all that information and respecting our privacy, but Berners-Lee believes that’s not enough. Our data is scattered across Big Tech’s servers and those of countless other companies, out of our control.

The idea for the World Wide Web came to Berners-Lee in 1989 when he was working at the European Organization for Nuclear Research (CERN). Initially aimed at helping scientists share data with one another, he released the source code for free to make the web an open platform for all, and it took on a life of its own. In the more than three decades since, he’s been trying to steer the web back to that free and democratic idea.

His answer is a digital wallet, a piece of the internet that stores everything from your medical records to your social media posts, your shopping history to your family photos. But unlike the siloed apps and services we use today, the wallets allow you to control exactly who sees what.

Berners-Lee has been working on this radical idea for five years through a startup called Inrupt. In an early trial, the Belgian region of Flanders is rolling out its system of personal data pods to 7 million citizens, using it as the foundation for delivering social services and sharing data more securely with businesses. Earlier this year, five Belgian hospitals began storing information about patient visits in the data pods, a process which Berners-Lee says can help aid compliance with Europe’s General Data Protection Regulation (GDPR).

But the initiative is swimming against a powerful tide as artificial intelligence assistants turn into our digital gatekeepers. Microsoft’s Copilot is being embedded into Windows and Office, Google is weaving Gemini through its ecosystem, and Apple Intelligence has been baked into the iPhone’s operating system. These assistants could increasingly shape our choices about what to buy, where to eat, and how to spend our time.

You would think that a web increasingly driven by AI and AI content will be less open and free, but Berners-Lee is optimistic. “This is completely within our control,” he tells me. “If you go home and write AI models and send out fake news and fill the world with junk, the world will become very bland. If you put out misinformation, it becomes untruthful.”

Instead he’d like to see more control of our data through decentralized systems like his and more public disclosures about where content comes from. That means more provenance labels on photos and videos to show they are AI-generated.

But the economics of AI development make this effort increasingly fraught. Training advanced AI models requires massive amounts of data — the kind of personal information that tech giants have spent more than a decade accumulating and exploiting for the benefit of their shareholders, and they won’t willingly give up that advantage.

Another challenge is how habituated humans have become to trading their personal information for convenience, an exchange that seems increasingly valuable with AI assistants. Scaling a model like Inrupt’s would require unprecedented cooperation between governments, corporations, and citizens.

None of that means personal data pods are doomed. The Flanders rollout could prove that government-backed systems deliver enough concrete benefits to overcome user inertia. Success with that trial might convince other regions to follow suit, particularly in areas like health care or social services.

But for most of the rest of us on the internet that Berners-Lee started, the future is clear: Our personal information will remain scattered across countless databases, increasingly processed by AI systems that serve the interests of large technology conglomerates. It’s not that better alternatives don’t exist, but the companies fashioning our AI futures have too much to lose by giving users control over their digital lives.

BLOOMBERG OPINION

How PSEi member stocks performed — November 18, 2024

Here’s a quick glance at how PSEi stocks fared on Monday, November 18, 2024.


Philippines drops in Global Passport Index

The Philippine passport fell two spots to 121st out of 199 countries in the 2024 edition of the Global Passport Index rankings. Made by migration consultancy firm Global Citizen Solutions, the index gauges a passport’s value based on its benefits in providing enhanced mobility, investment opportunities, and quality of living.

Philippines drops in Global Passport Index

PHL, US sign intelligence-sharing deal

PRESIDENT Ferdinand R. Marcos, Jr. welcomed United States Secretary of Defense Lloyd James Austin III during a courtesy call at Malacañan Palace on Monday. — PPA POOL/ NOEL B. PABALATE

By Kyle Aristophere T. Atienza, Reporter

THE PHILIPPINES and the United States signed a military intelligence-sharing deal on Monday, deepening defense ties between the two nations facing common security challenges in the region.

US Defense Secretary Lloyd Austin III signed the agreement with his Philippine counterpart, Gilberto Eduardo Gerardo C. Teodoro, Jr. at Manila’s military headquarters where they also broke ground for a coordination center that will facilitate collaboration between their armed forces.

Called the General Security of Military Information Agreement (GSOMIA), the pact allows both countries to share classified military information securely.

“Not only will this allow the Philippines access to higher capabilities and big-ticket items from the United States, it will also open opportunities to pursue similar agreements with like-minded nations,” said Philippines’ Defense ministry spokesperson Arsenio R. Andolong.

GSOMIA establishes that both parties will protect and handle classified military information to an equivalent degree of protection as required by the releasing government.

The legally binding bilateral agreement facilitates information sharing when and if the need arises.

It does not commit either country to share information but requires both parties to report any compromise, or possible compromise, of classified information provided by the other party.

The agreement defines the security equivalency within each country’s security programs for classification and safeguarding standards for the disclosed information.

Under the agreement, both parties will permit visits by security experts of the other party for the purpose of conducting reciprocal security surveys.

The agreement is considered a foundational agreement for other potential security agreements. It does not expire but can be amended or suspended, if required.

“We see that the gathering storm from China is besetting US and Filipino elites with the need to standardize security protocols on intelligence-sharing,” said Joshua Bernard B. Espeña, vice-president at the International Development and Security Cooperation (IDSC).

“The only question is whether they can get the picture right against Chinese intentions, capabilities, and whereabouts, and if so, that they would respond rightly,” he added.

Mr. Espeña said the deal was long-overdue amid increased cybersecurity threats that threaten intelligence ecosystems.

“One reason for the delay is the lack of alignment of the two countries’ strategic goals for the past years,” he noted. “You don’t gather and share information without a clear purpose lest a blunder of human and nonhuman resources.”

ONE-SIDED AGREEMENT
But Antonio L. Tinio, a former lawmaker who currently convenes a nationalist group named P1nas, said the deal was another “one-sided arrangement that compromises Philippine sovereignty.”

He said the deal would boost American dominance in terms of intelligence, surveillance, and reconnaissance (ISR) capabilities in the region — an imbalance that would make the Philippines “more dependent on US-supplied intelligence.”

“This arrangement effectively allows the US to drive the agenda in the West Philippine Sea, the Luzon strait closest to Taiwan, and other areas based on whatever information it selectively chooses to share with us,” he said.

“We will be seeing the situation through American eyes, guided by American interests.”

The former lawmaker urged Congress to scrutinize the agreement and “its implications for Philippine sovereignty.”

For Mr. Espeña, the analyst, the agreement is “ultimately,” about “developing interoperability between Filipino and American forces as the Philippine military stands to acquire more advanced, high-tech capabilities across the board.”

Also on Monday, Mr. Austin and his counterpart led a groundbreaking ceremony for a Combined Coordination Center inside the Philippine military’s headquarters near the capital Manila.

The US embassy in Manila said the center is designed to enhance interoperability between the Philippine and US armed forces through a multidomain training platform of the US Indo-Pacific Command.

The Pacific Multidomain Training and Experimentation Capability (PMTEC) pushes for coordinated and collaborative military training across the Pacific.

The center in Manila would allow both forces to operate as a combined command “for strategic planning, joint operations, intelligence sharing, and rapid response coordination,” the embassy said.

The center would ensure “both nations are ready to respond to regional challenges,” it added, citing conventional and unconventional security threats.

DEEPENING TIES
The center “symbolizes the deepening of ties, reflecting on the ironclad partnership that has evolved through consistent training like Exercise Balikatan and the Multilateral Maritime Combined Activities (MMCA), which emphasize cooperation and defense modernization,” the US Embassy said.

“This building demonstrates the US commitment to standing with the Philippines on our combined defense capabilities while promoting a collaborative, multilateral approach to regional security,” it added. 

At the ceremony, Mr. Austin announced that the US government will provide an additional $1 million in humanitarian assistance to support the Philippines’ disaster response efforts after the Southeast Asian nation was hit by six major storms in just two months.

He said the new assistance will add to the $5.5 million in aid already provided to the Philippines through the US Agency for International Development (USAID) since September.

President Ferdinand R. Marcos, Jr. has pursued closer ties with the US amid an increasingly belligerent China, which claims the South China Sea almost in its entirety including waters within the Philippine exclusive economic zone.

Last year, he gave the US access to four more Philippine military bases, under the 2014 Enhanced Defense Cooperation Agreement.

Mr. Marcos told Mr. Austin during their meeting at the presidential palace that the EDCA sites have been an important “staging ground” for Philippine pre- and post-disaster responses.

“They served as staging areas actually for, when we know that the storm is coming, we preposition as much, as many assets, material as we can, as close as possible as not to damage the actual resources that we have,” he said.

“And the EDCA sites have become staging areas because right after the storm, many areas can only be reached by helicopter,” he added. “And many roads closed because of landslides and therefore, even the main capital of provinces can only be reached by aircraft.”

Mr. Austin said he had authorized US troops to “provide life-saving aid” to the Filipino people.

“Our work together especially the past 40 years has enabled our alliance to grow stronger and better.” — with Reuters

Gov’t continues rescue in isolated areas, relief for typhoon-hit victims — Marcos

PIXABAY

PRESIDENT Ferdinand R. Marcos, Jr. on Monday said his government will focus on rescue efforts in isolated areas hit by Super Typhoon Man-Yi (Pepito), as the country seeks to fast-track rebuilding efforts ahead of the holiday season next month.

“We will now carry on with the rescue of those isolated areas and the continuing relief for those who are — who have been displaced and have no means to prepare their own meals and have no water supplies,” he said on the sidelines of an event at the presidential palace. “Rebuilding will also start.”

Mr. Marcos cited a casualty in the province of Camarines Norte following the onslaught of Man-Yi, which made landfall on Catanduanes islands on Saturday night and regained strength on Sunday as it hit the northern province of Aurora.

But the National Disaster Risk Reduction and Management Council (NDRRMC) said later in the day that it had not recorded any casualties due to Man-Yi so far.

It said a 72-year-old man died in the province after getting caught on a hanging cable while riding a motorcycle.

The NDRRMC said in an 8 a.m. report on Monday that Man-Yi as well as two previous cyclones that caused massive flooding in parts of Luzon and Mindanao had affected 675,000 people.

The storms partly hit 7,401 houses and totally damaged 437 others, it said.

Man-Yi, which weakened into a severe tropical storm, exited the Philippine area of responsibility at 12 p.m. on Monday, according to the state weather bureau.

As of 5 p.m., the center of Man-Yi was 410 kilometers (km) west of Laoag City, Ilocos Norte, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said.

Man-Yi’s maximum wind had gone down to 110 km per hour (kph) from 130 kph, while its gustiness had eased to 135 kph from 160 kph.

At its peak, Man-Yi was a super typhoon with maximum sustained winds reaching 195 kph.

Mr. Marcos, speaking to reporters, lauded efforts at the local levels amid Man-Yi’s onslaught.

“I’m sure that they are exhausted. I am sure that they have done — they continue to do and work as hard as they can.”

The Philippine leader noted that Man-Yi was the sixth tropical cyclone to hit the Philippines in two months.

Mr. Marcos earlier this month said typhoons experienced by his country have been increasingly unpredictable due to the changing climate, and that his government doesn’t have a “template to follow” in terms of response.

The Philippine leader had already expressed frustration for climate change’s economic impacts, saying in October that its damage to the national economy could reach up to 7.6% of the gross domestic product by 2030.

The Philippines has been chosen to host the Board of the Loss and Damage Fund (LDF), a United Nations financing mechanism that will benefit countries vulnerable to climate change, including the host-country itself.

The election followed efforts by the Marcos administration to promote the Philippines as a country that is committed to the global green transition, albeit domestic criticisms over the country’s slow phaseout of carbon-emitting sources of energy and policies that green groups say are anti-environment.

For one, Mr. Marcos has branded himself as a climate leader, citing the need for sustainable practices, and even touting the presence of windmills in his home province in the country’s north.

A 2024 Green Economy Report for Southeast Asia led by Bain & Company said the Philippines saw a 57% increase in “green” investments to $1.46 billion in 2023 but still falls short of the over $16 billion in required capital investments needed for its green transition. — Kyle Aristophere T. Atienza

Revival of Sabah claims pushed after Malaysia protests vs PHL sea laws

PHILSTAR FILE PHOTO

By Kenneth Christiane L. Basilio, Reporter

THE GOVERNMENT should look at reviving its territorial claims over Sabah if Malaysia insists on protesting against the Philippines’ new maritime laws, a congressman said on Monday, arguing the protest lacked basis.

Malaysia’s Deputy Foreign Minister Mohamad Alamin said the government has reviewed the reference documents related to the Philippines’ laws and found that they touch upon claims to the Malaysian state of Sabah on Borneo island.

“Malaysia has no basis for its protest because the reference materials are not part of the two laws. The laws are to be taken in their import and the meaning of their provisions. They do not mention our country’s claim to Sabah,” Cagayan de Oro Rep. Rufus B. Rodriguez said in a statement.

“If Malaysia strongly protests our new maritime zones and archipelagic sea lanes laws, I suggest the Philippine government strongly revive our claim to Sabah, which rightfully belongs to the Philippines by historic right or legal title,” he added.

Philippine President Ferdinand R. Marcos, Jr. signed the twin maritime laws in November. The measures are intended to strengthen the country’s maritime claims and bolster Manila’s territorial integrity over its waters following repeated sea rows with Beijing in the South China Sea.

The Philippines has a dormant claim to the eastern part of Sabah dating back to colonial times, with its highest court ruling in 2011 that the territorial stake was never relinquished and may be pursued in the future.

Mr. Rodriguez said that the “new maritime laws… do not deal with land territories like Sabah,” with the measures in accordance with the United Nations Convention on the Law of the Sea.

An analyst, however, said the filing of the protest is “understandable” as the maritime laws impeded Kuala Lumpur’s sovereignty over Sabah.

“For the longest time, the discussions between the Philippines and Malaysia over the island have stalled, with the latter exerting considerable presence over it,” Josue Raphael J. Cortez, a lecturer at the School of Diplomacy and Governance of De La Salle-College of St. Benilde, said in a Facebook Messenger chat.

Reviving Philippine claims over Sabah could even jeopardize diplomatic, defense, and economic ties between Manila and Kuala Lumpur, he added.

Mr. Cortez noted that Malaysia and the Philippines had just agreed to bolster technical skills and disaster response, tackled potential deployment of Malaysian SMART tool for disaster response, and held talks on fortifying defense and economic partnerships.

“Concerning trade and investment, for instance, should this proposition move and affect our ties, then the number of Malaysian investors becoming more enticed to bring their business in our shores may actually be discouraged from doing so,” he said.

“So, to speak, this proposition may put all these developments in peril.”

Malaysia’s move followed China’s protest on Nov. 8, with its foreign ministry saying the measures “gravely infringes” China’s sovereignty and maritime rights and interests over the waterbody.

The Philippines and China have repeatedly sparred this year over disputed areas of the South China Sea, including the Scarborough Shoal, one of the waterway’s most contested features.

China has laid claims to almost the entirety of South China Sea, a conduit for more than $3 trillion of annual trade, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia, and Brunei.

The Permanent Court of Arbitration in 2016 ruled that China’s claim over the waterway was without legal basis, a ruling it has since rejected. with Reuters

Duterte under DoJ probe for int’l humanitarian law violations

FORMER PRESIDENT Rodrigo R. Duterte — OFFICIAL FACEBOOK ACCOUNT OF THE SENATE OF THE PHILIPPINES

THE Department of Justice (DoJ) is now investigating former President Rodrigo R. Duterte for possible violations of international humanitarian laws, Secretary Jesus Crispin C. Remulla said on Monday.

“We are currently focusing on International Humanitarian Law because it is the law being studied by the International Criminal Court (ICC), as well as the law we have here in the country,” he told reporters in a chance interview in mixed English and Filipino.

“The ICC is actually using this law, which is the International Humanitarian Law under Republic Act 9851.”

The DoJ earlier this month created the task force to probe extrajudicial killings instigated during Mr. Duterte’s reign as Davao City mayor and eventually as the Philippine president from 2016 to 2022.

According to Mr. Remulla, the scope of the investigation will cover “everything possible,” including the Revised Penal Code, RA 9851, the Philippine Act on Crimes Against International Humanitarian Law, Genocide, and Other Crimes Against Humanity, and other special laws.

“If overlaps occur with the ICC, we’ll need to make a choice. We want the charges filed here and those filed by the ICC, if possible, to remain distinct and not overlap,” he added, noting the “spirit of complementarity” will still be observed despite the Philippines’ withdrawal from the ICC.

Mr. Duterte unilaterally withdrew the Philippines from the ICC in March 2018 after it opened a preliminary examination of drug killings. The court has said its prosecutors have jurisdiction over alleged crimes committed before the withdrawal. 

Mr. Duterte’s lawyer and former spokesman Salvador S. Panelo did not immediately respond to a Viber message seeking comments.

Philippine President Ferdinand R. Marcos, Jr. last week said his government would not stand in the way if Mr. Duterte wanted to surrender to the ICC and would be obliged to comply if his arrest was sought over his deadly war on drugs.

This was the first time the Philippine government has suggested it would cooperate with the ICC, which last year cleared the way for an investigation into the bloody campaign that defined Mr. Duterte’s 2016-2022 presidency.

This followed Mr. Duterte’s statement in a marathon congressional hearing, during which he said he has “nothing to hide.”

The DoJ also said earlier that it will uphold the Philippines’ sovereign obligations with other countries, should the ICC seek help from the International Criminal Police Organization (Interpol) to gain jurisdiction over Mr. Duterte.

The government estimated that at least 6,117 people died in Mr. Duterte’s drug war between July 1, 2016, and May 31, 2022, but human rights groups said the death toll could be as high as 30,000.

The tough-talking former President admitted having ordered police officers in his hometown of Davao City when he was its mayor to goad criminals to fight back during anti-illegal drug raids so cops would have a reason to retaliate, adding that he had a hit-squad tasked to eradicate crimes.

‘POLITICAL DRAMA’
Meanwhile, Davao del Norte Rep. Pantaleon D. Alvarez dismissed House investigations on Mr. Duterte’s deadly drug war as mere “political drama,” amid the widening rift between the Marcoses and Dutertes.

“The hearing concluded without any new revelations, no significant new information, and no basis for any case to be filed. Everything President Duterte said, he had already stated before, and he even promised back in 2016,” Mr. Alvarez, who was a former House speaker during Mr. Duterte’s presidency, said in a statement in Filipino.

“If there’s a case, then file it. But there isn’t. What’s happening is just political theatrics,” he added.

Mr. Marcos and Vice President Sara Z. Duterte-Carpio ran under the UniTeam Alliance in 2022, a political alliance that delivered landslide wins and led to them both receiving more than half of all votes casted during the elections. — Chloe Mari A. Hufana and Kenneth Christiane L. Basilio

VP Duterte, Senator Tulfo are Filipinos’ most preferred presidential candidates in 2028 — survey

By Chloe Mari A. Hufana, Reporter

VICE-PRESIDENT Sara Z. Duterte-Carpio and Senator Rafael T. Tulfo emerged as the most preferred presidential candidates of Filipinos for the 2028 national poll, according to research firm WR Numero.

In its September survey, WR Numero found that nearly one in four (24%) Filipinos said they would vote for Ms. Duterte and Mr. Tulfo as president in 2028 if the elections were held between Sept 5 and Sept. 23.

The results showed Ms. Duterte slipping by 5 percentage points, while Mr. Tulfo gained by 3 points.

Hansley A. Juliano, who teaches political science at the Ateneo de Manila University, said both top runners are “likely to be benefiting from the same networks of online content and information or disinformation” like most Filipinos are dealing with the past years.

“Like it or not, the Duterte brand still has an audience even as every year the Dutertes are out of national executive and legislative office chips on their credibility,” he told BusinessWorld in a Facebook Messenger chat.

“Ironically the Tulfo brand might be even stronger, especially as Raffy Tulfo seems to be both the culmination of the ‘tough guy’ image he and his brothers have cultivated for decades, and he is also arguably the ‘least brash/approachable’ of them,” he added.

Ms. Duterte and Mr. Tulfo are followed by former Vice-President Maria Leonor G. Robredo (9%), Senators Mary Grace Natividad S. Poe-Llamanzares, and Maria Imelda Josefa R. Marcos (5%), the study found.

Trailing them were Senator Ana Theresia N. Hontiveros-Baraquel (4%), former Senator Emmanuel D. Pacquiao, Sr. (4%), and Senator Robinhood Ferdinand C. Padilla (3%). House Speaker Ferdinand Martin G. Romualdez was last with only 1%.

The survey said nearly 2 in 10 Filipinos (18%) are still unsure who to vote for.

Mr. Tulfo, who is known for his broadcast journalism, is leading across all regions except Mindanao, where the incumbent vice-president is favored by a great majority (65%).

Mr. Tulfo is preferred by 31% in Metro Manila, followed by Ms. Robredo (13%), and Ms. Duterte (9%).

Ms. Duterte and the former vice-president, Ms. Robredo, are tied in Luzon (11%), but Mr. Tulfo steadily led with 26%.

One in four (25%) would vote for Mr. Tulfo in Visayas, with Ms. Duterte trailing at 17%.

Ms. Duterte is the top choice among respondents from Classes ABC (24%) and E (26%), while Mr. Tulfo garners the highest support from Class D, with 27%. According to the Philippine Institute for Development Studies, the consumer classes ABCDE system is a classification of dwellings from wealthiest (A) to poorest (E).

Among decided voters, Ms. Poe emerged as the leading vice-presidential candidate, favored by nearly one in five Filipinos (20%).  She is followed by former Vice-President Robredo with 14% and Mr. Padilla with 9%.

Also among the top 5 preferred vice-presidential candidates were Ms. Marcos and Mr. Pacquiao, both with 8%, followed by Senator Juan Miguel F. Zubiri (4%), Defense Secretary Gilberto C. Teodoro (3%), and Mr. Romualdez (3%).

Ms. Poe led in all regions except Mindanao, where Mr. Padilla held the top spot with 17%, closely followed by Mr. Pacquiao at 16%.

Ms. Poe and Ms. Robredo are statistically tied for third place in Mindanao, each with 14%.

The outgoing senator also led across all income classes, while Ms. Robredo ranked second except in Class ABC, where she placed third (14%), slightly behind Ms. Marcos (15%).

The findings form part of the WR Numero’s Philippine Public Opinion Monitor, which conducted face-to-face survey with 1,729 adults nationwide.