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GOCC regulator seeks power to levy sanctions via charter amendments

By Luisa Maria Jacinta C. Jocson, Reporter

THE Governance Commission for GOCCs (GCG) said it will propose amendments to its charter next year which would give it the power to sanction the companies it oversees.

“We were created under Republic Act No. 10149 but there’s something missing in our charter. We don’t have coercive power; our powers are mostly advisory,” GCG Chairman Marius P. Corpus told reporters on Monday.

“If there are GOCCs (government-owned and -controlled corporations) that are underperforming and refusing to comply with our regulations, we don’t have any disciplinary authority,” he added.

Mr. Corpus said the amendments will give the GCG power to sanction GOCCs or their officials.

“We also intend to upgrade the positions in the GCG. Our staff is often pirated by other GOCCs. We are constrained as a regular National Government agency; compared to GOCCs, their benefits are better,” he added.

Mr. Corpus said the draft proposal will likely be submitted next year. “Might be too late to get an amendment now from the (current Congress). We’ll go through the process, and if it isn’t finished, we can have it refiled at the next Congress,” he added.

Earlier this year, the GCG proposed to be given the power to consolidate, rationalize, and integrate GOCCs into National Government agencies.

Meanwhile, Mr. Corpus said that the GCG is still studying the proposed merger of Land Bank of the Philippine (LANDBANK) and the Development Bank of the Philippines.

“It’s a big endeavor, very complicated. We tried to consult with the other National Government agencies. They all gave their comments, but considering the enormity of the endeavor, I said let’s be careful on this. They are asking for a timeline but if we give a timeline, that’s not advisable, (better) to be cautious and prudent about it,” he said.

Finance Secretary Benjamin E. Diokno has said that the merger is expected to be completed by the first half of 2024.

“There are pros and cons. There are favorable comments and justifications, but there are also possible problems that may arise if the merger goes through. We are actually (organizing) technical working groups with other agencies concerned,” he added.

The merger, which would leave LANDBANK as the surviving entity, will create the sole authorized government depository bank.

PSEi rebounds after Wall Street climb, BoP data

BW FILE PHOTO

PHILIPPINE SHARES rebounded on Tuesday as investors took cues from US markets’ performance and the release of October external payments data.

The Philippine Stock Exchange index climbed by 25.20 points or 0.4% to finish at 6,208.83 on Tuesday, while the broader all shares index increased by 9.28 points or 0.28% to close at 3,314.60. 

“The index returned above the 6,200 level as a relatively benign market environment, an overnight rally in US shares, and a favorable auction of 20-year US Treasuries spurred bargain hunting in local equities,” China Bank Capital Corp. Managing Director Juan Paolo E. Colet said in a Viber message. 

Wall Street’s three major stock averages closed higher on Monday, with Nasdaq’s 1% rally leading the charge, as heavyweight Microsoft hit a record high after it hired prominent artificial intelligence executives, Reuters reported.

The Dow Jones Industrial Average rose 203.76 points or 0.58% to 35,151.04; the S&P 500 gained 33.36 points or 0.74% at 4,547.38; and the Nasdaq Composite added 159.05 points or 1.13% at 14,284.53.

“The local bourse gained… following the US markets overnight amid the signs of a slowdown in the US inflation. The positive sentiment was further fueled by the recorded surplus in the Philippines’ balance of payments (BoP) in October, indicating potential support for the peso, which has been gaining strength recently against the US dollar,” Philstocks Financial, Inc. Research Analyst Claire T. Alviar added in a Viber message. 

The Philippines’ country’s BoP surplus widened to $1.5 billion in October from $711 million in the same month a year ago, data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed.

For the first 10 months, the BoP position stood at a $3.2-billion surplus, a turnaround from the $7.1-billion deficit in the same period a year ago.

The BSP expects the country’s BoP position to end the year at a $127-million deficit.

Sectoral indices were mixed on Tuesday. Financials went up by 17.54 points or 1.01% to 1,751.42; industrials climbed by 83.05 points or 0.95% to 8,760.74; and services increased by 14.01 points or 0.93% to 1,507.42.

Meanwhile, property fell 18.64 points or 0.7% to 2,640.56; mining and oil dropped 4.57 points or 0.04% to 9,446.33; and holding firms declined by 1.91 points or 0.03% to 5,939.74. 

Value turnover rose to P3.91 billion on Tuesday with 422.56 million issues changing hands, from the P3.73 billion with 690.86 million issued recorded on Monday. 

Declines edged out advancers, 86 versus 80, while 43 issues closed unchanged.    

Net foreign buying stood at P120.35 million on Tuesday, a turnaround from the P105.9 million in net selling recorded on Monday. 

“The 6,200 to 6,250 area is a strong resistance zone, so we need to see more buying at these levels to build a case for a fresh rally,” Mr. Colet said. — R.M.D. Ochave with Reuters

Peso strengthens on Fed bets

MARI GIMENEZ-UNSPLASH

THE PESO continued to climb on Tuesday on profit taking ahead of the release of minutes of the US Federal Reserve’s meeting earlier this month, and as the dollar weakened amid dovish expectations for the US central bank.

The local unit closed at a fresh three-month high of P55.39 per dollar on Tuesday, strengthening by 16 centavos from its P55.55 finish on Monday, based on Bankers Association of the Philippines data.

This was the peso’s best close in more than three months or since its P55.19-per-dollar finish on Aug. 2.

The peso opened Tuesday’s session stronger at P55.43 against the dollar, which was already its weakest showing. Its intraday best was at P55.34 versus the greenback.

Dollars exchanged went up to $1.6 billion on Tuesday from $1.51 billion on Monday.

The peso rose on Tuesday as the dollar weekend against most global currencies on expectations that the Fed will pause at its next meeting and start its easing cycle next year, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

“The peso appreciated further amid cautious profit taking ahead of the release of Fed policy minutes,” a trader added.

The dollar languished near its lowest in two-and-a-half months on expectations the US Federal Reserve is likely done with interest rate hikes, Reuters reported.

Investor focus on Tuesday will firmly be on minutes of the Federal Reserve’s last meeting to gauge which way rates are headed.

Traders have nearly fully priced in the likelihood that the Fed will keep interest rates unchanged in December, and some have started pricing in rate cuts as soon as March, according to the CME Group’s FedWatch tool.

Some remain cautious as economic data could change the monetary policy outlook.

Treasury yields were lower in the wake of solid bidding in the $16-billion sale of 20-year Treasury bonds on Monday that suggested the market still anticipates inflation will decelerate and the Fed will cut rates next year.

Lower yields kept the dollar on the back foot, with the dollar index, which measures the US currency against a basket of six major currencies, down by 0.135% at 103.31, having touched near three month low of 103.17 earlier in the session.

The Japanese yen strengthened 0.22% to 148.03 per dollar, lifting away from the one-year low of 151.92 it touched last week.

The US central bank kept its benchmark interest rate steady at the 5.25%-5.5% range for a second straight time during its Oct. 31 to Nov. 1 meeting.

It has hiked rates by a cumulative 525 basis points since it began its tightening cycle in March 2022.

The Federal Open Market Committee will next meet on Dec. 12-13 to review policy.

The peso also continued to be supported by the seasonal increase in remittances ahead of the holiday season, Mr. Ricafort added.

For Wednesday, the peso could rise further on expectations of weak US data, the trader said.

The trader sees the peso moving between P55.25 and P55.50 per dollar on Wednesday, while Mr. Ricafort expects it to range from P55.30 to P55.50. — AMCS with Reuters

Meralco baseload bid attracts interest from power providers with 3,000 MW in capacity

BW FILE PHOTO

MANILA Electric Co. (Meralco) said a pre-bid conference to solicit offers for 1,800 megawatts (MW) of baseload capacity has attracted interested parties which can provide a potential 3,000 MW.

“There were more than 3,000 megawatts (on offer from participants). There were, I think, three San Miguel plants, one GNPD (GNPower Dinginin Ltd. Co.). There was also a solar company,” Jose Ronald V. Valles, Meralco first vice-president and head of the company’s regulatory management office, told reporters late Monday.

Other participants were FirstGen Corp. subsidiary First NatGas Power, and SP New Energy Corp.

The San Miguel Power Global Holdings units represented at the conference were Mariveles Power Generation Corp., Excellent Energy Resources, Inc., and Masinloc Power Partners Co. Ltd. — Sheldeen Joy Talavera

Q3 chicken production rises; cattle falls

PHILSTAR FILE PHOTO

CHICKEN production rose, while that of cattle declined during the third quarter, according to the Philippine Statistics Authority (PSA).

In a report, the PSA said that chicken output rose 2.3% year on year to 464.97 thousand metric tons (MT) liveweight.

Central Luzon was the top producer at 151.97 thousand MT, followed by Calabarzon (77.21 thousand MT), Northern Mindanao (40.77 thousand MT), the Western Visayas (32.84 thousand MT), and the Central Visayas (29.71 thousand MT).

The five regions accounted for 71.5% of national production for the quarter.

The PSA said that as of Sept. 30, the national chicken inventory rose 1.1% year on year to 202.82 million birds.

“Population of native/improved chicken (rose) 5%. Meanwhile, broiler chicken and layer chicken stocks reported reductions of 2% and 1%, respectively,” it added.

Of the total broiler chicken inventory, native/improved chicken accounted for 43%.

The layer chicken flock comprised 22.3% of all birds.

The average farmgate price in the third quarter was P131.36 per kilogram, down 9.8% from a year earlier.

Separately, the PSA also reported a 1.5% year-on-year decline in cattle production during the quarter, with output at 51.82 thousand MT liveweight.

Production was led by Northern Mindanao, which accounted for 15.9% of cattle output for the period.

This was followed by the Central Visayas (5.89 thousand MT), Ilocos region (5.02 thousand MT), the Western Visayas (4.41 thousand MT), and Soccsksargen (3.7 thousand MT).

“These regions accounted for 52.6% of cattle production in the third quarter of 2023,” it added.

The PSA said the cattle herd expanded 0.4% to 2.59 million head during the quarter.

Smallhold farms accounted for 82.3% of the herd, while 14.3% and 3.4% were raised by semi-commercial and commercial farms, respectively.

The average farmgate price of cattle for slaughter was P172.33 per kilogram, down 0.3% from a year earlier. — Adrian H. Halili

NIA signs deal for solar-powered irrigation project in Pangasinan

THE National Irrigation Administration (NIA) said it signed a preliminary agreement on a solar farm project with which it intends to power an irrigation network in Pangasinan.

In a statement, the NIA said that it signed a memorandum of understanding (MoU) with New Canaan Energy Resources Corp. to develop a canal-top solar facility for the Agno River Integrated Irrigation System in Rosales, Pangasinan.

The project will serve about 101 irrigators’ associations. The system provides water to 18,162 hectares and 24,298 farmers.

“The MoU aims to pursue the development of a solar farm for utility-sized power generation by utilizing the canal top in an area which has the potential (for feasible) sustainable operations in the Agno River Integrated Irrigation System,” the NIA said.

It added that the deal will result in a “full blown study” to determine the project’s financial, socio-economic, and technical impacts.

It would also plan out cost-effective ways to develop, construct, and operate the project’s power generation component.

“The agency (seeks to harness) solar energy as the most accessible and economically viable renewable energy source to help our farmers,” it said.

“The NIA continues to utilize the full potential of its irrigation systems as multipurpose water resources projects for power generation, flood control, domestic water supply, agro-tourism, and aquaculture,” it said.

The NIA said last month that irrigation water will no longer be used exclusively for agriculture, and identified potential alternative uses as power production, bulk water supply, aquaculture, recreation, and tourism.

It also said it plans to deploy the majority of its budget to fund the construction of solar-powered irrigation systems.

The NIA has about 183 solar powered irrigation projects in the pipeline for 2024. It is budgeting about P1.72 billion for such works.

It also proposed an additional 791 potential sites across 39,694 hectares for similar projects. — Adrian H. Halili

DTI signs agreement to commercialize startups

PLUG AND PLAY ADGM FACEBOOK PAGE

THE Department of Trade and Industry (DTI) said it signed an agreement with US accelerator Plug and Play Tech Center to help prepare about 40 tech startups a year to enter commercial operations.

At a signing ceremony on Tuesday, Trade Chief Alfredo E. Pascual said that the memorandum of understanding will help to support local startups focused on key industries.

“In practical terms, we plan to achieve two cycles of acceleration per year, supporting potential pilot and commercialization efforts of over 40 tech startup companies,” Mr. Pascual said. 

He said the industries due to receive such support are those likely to aid in the growth of industries considered pillars of the economy, such as the information technology and business process outsourcing (IT-BPO) industry.

“The program will concentrate on strengthening our IT-BPO industry through artificial intelligence adoption (and) empowering manufacturing industries through industry 4.0 technologies,” he added.

He said that the program will also support the growth of agritech and financial services. It plans to identify more priority industries.

Plug and Play currently has tieups with over 600 companies and “accelerates” the commercialization of over 2,000 startups annually. It has made over 2,000 investments, including 35 so-called unicorns — startups with over $1-billion market valuation. 

The program will also provide upskilling and knowledge transfer to companies and the public sector, he said.

The DTI also signed another partnership on Tuesday with the Benita & Catalino Yap Foundation (BCYF) to support innovation and entrepreneurship among micro-, small- and medium-sized enterprises (MSMEs).

Mr. Pascual said the memorandum of agreement signed with BCYF will lead to collaboration in identifying candidates for the BCYF Innovation Awards, as well as provide training and consultancy services in innovation and entrepreneurship to DTI business counselors and MSMEs. 

BCYF operates Project Commerce, a network of technology incubators based in state universities and colleges. — Justine Irish D. Tabile

Philippine investment leads arising from US meetings mostly tech

KABIUR RAHMAN RIYAD-UNSPLASH

THE Department of Trade and Industry (DTI) said investment leads generated during the President’s US trip are mostly from technology companies, Trade Secretary Alfredo E. Pascual said.

Mr. Pascual said follow-up on the leads might end up adding to the $672.3 million worth of investment pledges obtained on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco.

“There are companies that expressed interest, but we have not quantified (the potential investments),” he said at a briefing on Tuesday.

“These are tech companies …  and they have not quantified their investments yet because they are yet to talk with customers from the Philippines,” he added.

Mr. Pascual said the government delegation that visited the US gave rise to meetings with at least 15 US companies, five of which signed preliminary agreements.

On Monday, the Palace said President Ferdinand R. Marcos, Jr. obtained pledges for potential investments in telecommunications, artificial intelligence-enabled weather forecasting, semiconductors and electronics, pharmaceuticals and healthcare, and renewable energy.

Some $400 million of the investment pledges will potentially go to telecommunications, and $250 million to semiconductors. — Justine Irish D. Tabile

Philippines, US start three-day sea and air patrols

PHILIPPINE COAST GUARD FACEBOOK PAGE

By Kyle Aristophere T. Atienza, Reporter

THE PHILIPPINES and United States, a treaty ally, started joint air and sea patrols within Manila’s exclusive economic zone in the South China Sea on Tuesday, President Ferdinand R. Maros, Jr. said, amid increasing tensions with China.

The patrols between the Armed Forces of the Philippines and US Indo-Pacific Command, which will run until Nov. 23, is a testament to their commitment to boost their interoperability in conducting maritime and air patrols, he said in a statement.

“Through collaborative efforts, we aim to enhance regional security and foster a seamless partnership with the US in safeguarding our shared interests,” he added.

Mr. Marcos, who returned to Manila on Monday night after a weeklong trip to the US, said the joint maritime and air patrols are part of the series of events that have been agreed upon by the Mutual Defense Board of both nations.

“This drill is long overdue but it is better than nothing,” Joshua Bernard Espeña, who teaches international relations at the Polytechnic University of the Philippines, said in a Facebook Messenger chat.

To make the commitment stable, the Philippines must provide a “comprehensive logistics system that may anticipate scenarios for attritional warfare or conflicts for a long duration,” he said. “If not, this drill might fall into yet another signaling that does not necessarily translate to deterrence or operational efficiency.”

“The latter point also begs the need for Filipino allies to figure out how they can complement Manila’s gaps and check their own.”

Mr. Marcos visited the US Indo-Pacific Command headquarters during his trip to Honolulu, Hawaii, which was the last stop of his visit to the US.

Meanwhile, China slammed a Philippine proposal for a separate code of conduct on the South China Sea, saying “any departure” from the original declaration that provides the framework for a possible code of conduct involving China will be void.

Formulating the code “is an important task for China and ASEAN (Association of Southeast Asian Nations) countries,” China Foreign Ministry spokesperson Mao Ning said in a statement. China and ASEAN signed the declaration in 2002.

Mr. Marcos on Monday said the Philippines had approached neighbors such as Malaysia and Vietnam to discuss a separate code of conduct regarding the South China Sea, as he cited the slow progress toward striking a broader regional pact with China.

Relations between the two have grown more tense under Mr. Marcos, who has increasingly complained about China’s “aggressive” behavior while rekindling strong ties with the Philippines’ sole treaty ally, the United States.

Speaking in Hawaii at a livestreamed event, the Philippine leader said escalating tension in the South China Sea required the Philippines to partner with allies and neighbors to maintain peace in the busy waterway, with the situation now “more dire.”

“We are still waiting for the code of conduct between China and ASEAN, and the progress has been rather slow unfortunately,” Mr. Marcos said.

“We have taken the initiative to approach those other countries around ASEAN with whom we have existing territorial conflicts, Vietnam being one of them, Malaysia being another and to make our own code of conduct.

“Hopefully, this will grow further and extend to other ASEAN countries.”

A smaller code of conduct without China would open discussions about ways to enforce compliance, said Swee Lean Collin Kho, a research fellow at the Singapore-based Rajaratnam School of International Studies.

An intra-ASEAN code would likely have “greater inputs” concerning confidence- and security-building measures, he said in a WhatsApp message. “There would likely also be fewer hurdles concerning geographical scopes especially if the codes take the form of separate bilateral if not minilateral types.”

He also expects substantial discussions “about ways to ensure compliance, allow verification and enforcement against violations.”

Mr. Marcos had vowed to bring up the proposed code of conduct between Southeast Asian countries and China on the sidelines of the 42nd ASEAN Summit in Indonesia in May. It should be finalized “sooner rather than later because tensions are increasing,” he said at the time.

He made a similar push at the ASEAN Summit in Cambodia in November last year.

Raymond M. Powell, a team leader at Stanford University’s Gordian Knot Center for National Security Innovation, said a separate code would be a much different document since the primary but unspoken rationale for the original code of conduct is “to constrain the People’s Republic of China’s aggression.”

“The level of direct confrontation among those is currently very low, and they largely conform to the Declaration on Conduct (DoC) principles,” he said in an X message, referring to Manila, Vietnam, Malaysia and Indonesia. “It’s only China that does not.”

Mr. Powell said the original code proposal, which was first discussed in 2012, has given China time to consolidate its maritime power, leaving smaller nations helpless in the face of its expansionist agenda.

China’s neighbors have been subjected to “a slow and inexorable invasion over the two decades since the DoC was first inked,” he said.

“They saw the world stand by as China unilaterally upended the South China Sea status quo by carrying out an audacious artificial island construction program, in clear violation of the declaration’s principles of self-restraint and avoiding disruption and escalation,” he added.

‘BETTER CHANCE’
Mr. Powell, whose group has been monitoring gray-zone tactics in the waterway, said despite Chinese President Xi Jinping’s promise to then US President Barack Obama that “China does not intend to pursue militarization” of its artificial islands, it has been deploying combat ships and aircraft from these same bases “while also arming them with advanced missile systems.”

The bases have been used to “forward-deploy the rapidly growing number of coast guard and militia ships China uses to enforce its will,” he added, citing its advanced naval port facilities at Subi, Mischief and Fiery Cross Reefs.

“A code of conduct that excludes China would serve a noble purpose in speaking with a single voice on this issue, which would be a power message of unity,” Mr. Powell said. “For this reason, you can expect Beijing to be aggressive in insisting that any CoC must include China.”

A code of conduct between ASEAN and China has become a protracted process because of differences over issues such as the geographical scope and role of nonsignatories, Mr. Kho said. “Moreover, there’s concern about how to enforce the code, whether it’s binding or otherwise.”

While the proposal for a separate CoC might take years to be finalized, it should not be considered infeasible, he said, noting that ASEAN countries have engaged in territorial and boundary-related mechanisms in the past, including the mechanism between Indonesia and Malaysia on the Ambalat offshore block.

“ASEAN countries also engage in coordinated maritime patrols,” he said. “Even Vietnam has its own mechanisms with China in the Gulf of Tonkin, so I don’t see why Marcos’s proposal isn’t viable considering past examples.”

Mr. Kho said talks on a separate CoC could consider the role of the ASEAN High Council, which has yet to be tapped by member states as an arbitrating body.

It may also encourage them to turn to international mechanisms such as the International Tribunal for the Law of the Sea.

“This is much unlike the case of the currently negotiating CoC involving Beijing,” he said. “China doesn’t want international bodies to arbitrate maritime disputes like what we see in the case of the 2016 award. At least if the separate intra-ASEAN codes do materialize in whatever form, we can expect a better chance of the parties agreeing to such a recourse.”

Mr. Powell said China would likely “lean hard” on other ASEAN members to get the Philippine initiative rejected or ignored.

The Marcos administration will need to temper its expectations for a breakthrough since the target parties have spent decades “cautiously managing Chinese maritime aggression, and there’s nothing to suggest they are ready to change course,” he added.

“If history has anything to show, we do have a pretty positive track record of ASEAN member states turning to international legal recourse to address their maritime disputes if they couldn’t address them via political negotiations,” Mr. Kho said.

“So the proposed separate codes that Marcos suggested do have a potential to be effectively implemented,” he added.

Philippine security body warns vs civilian convoy to Second Thomas Shoal

THE BRP SIERRA MADRE, a marooned transport ship which Philippine Marines live in as a military outpost, is pictured in the disputed Second Thomas Shoal, part of the Spratly Islands in the South China Sea. — REUTERS

THE PHILIPPINES’ National Security Council (NSC) on Tuesday warned against a plan for a Christmas civilian convoy to Second Thomas Shoal in the South China Sea, citing heightened tensions with China.

It issued the statement after a coalition led by Senator Risa Hontiveros-Baraquel’s Akbayan Party announced a plan to hold a Christmas convoy with at least 40 boats to BRP Sierra Madre, a World War II-era Navy vessel serving as an outpost for Filipino troops at the shoal.

“While we support, in principle, the intent of the ‘Atin Ito’ coalition to bring holiday cheer to our West Philippine Sea frontliners, undertaking such a convoy to Ayungin Shoal at this time of heightened tensions between the Philippines and China is ill-advised,” the council said.

The civic coalition on Monday said civilian voyages within Manila’s exclusive economic zone in the South China Sea should be normalized. “For each act of Chinese aggression, the Philippines must respond with more supply missions,” it said.

China has been blocking Philippine resupply missions to BRP Sierra Madre, which Manila deliberately grounded there in 1999 to assert its sovereignty after China’s seizure of Mischief Reef.

The shoal is about 200 kilometers from the Philippine island of Palawan and more than 1,000 kilometers from China’s nearest major landmass, Hainan Island.

Instead of going to Second Thomas Shoal, the group should hold the Christmas convoy in other Philippine-occupied features in the Spratly Islands where Philippine troops and civilians can be found, the council said.

It cited the islands of Lawak, Kota, Likas, Pag-asa, Parola, Panata and Patag, as well as Rizal Reef, which are all in the island group.

“There are also frontliners in those features and they also deserve Christmas goodies and donations from the public.”

By visiting other Philippine-occupied features, the group would be able to “visit a vaster area of the West Philippine Sea” and “fully realize their stated goal of improving the living circumstances and operational capabilities of fisherfolk and other civilian communities in the area, it added.

The group can also turn over Christmas donations to the Philippine Navy and Coast Guard “and we will gladly bring the donated supplies to BRP Sierra Madre,” it added. — Kyle Aristophere T. Atienza

Lawmakers ask Marcos to cooperate with ICC investigation of Duterte

REUTERS

TWO PHILIPPINE congressmen on Tuesday urged the government of President Ferdinand R. Marcos, Jr. to cooperate with the International Criminal Court’s (ICC) investigation of ex-President Rodrigo R. Duterte’s deadly anti-drug campaign.

“The Philippine government’s initial request for the ICC prosecutor to defer its investigation, and the Philippine government’s subsequent petition before the ICC Appeals Chamber clearly demonstrate that it respects the rule of international law and recognizes the proceedings of the ICC,” the congressmen said in House Resolution 1477.

The resolution, filed by Manila Rep. Bienvenido M. Abante, Jr. and Party-list Rep. Ramon Rodrigo L. Gutierrez, has been sent to the House justice committee for deliberation.

Mr. Marcos earlier said the ICC has no jurisdiction over the Philippines, which formally withdrew from the body in March 2019.

“We will not cooperate with them in any way, shape or form,” he told reporters in July.

The ICC on July 18 rejected the Philippines’ appeal to suspend its probe of Mr. Duterte’s deadly drug war.

Appeals Chamber Presiding Judge Marc It said the Philippines had failed to convince the court that the ICC-Pre-Trial Chamber was wrong in allowing its prosecutor to continue the probe.

“The issue of the impact of the Philippines’ withdrawal from the Rome Statute and the court’s jurisdiction was neither properly raised nor adequately ventilated before the pre-trial chamber,” the ICC judge said.

The ICC Pre-Trial Chamber in January reopened its probe of Mr. Duterte’s anti-drug campaign, saying it was not satisfied with government efforts to probe human rights abuses.

It was also set to probe vigilante-style killings in Davao City when the former president was still its vice mayor and mayor.

Several congressmen in February, led by Duterte ally and Pampanga Rep. Gloria Macapagal-Arroyo, filed a resolution calling on the House to “declare unequivocal defense” of Mr. Duterte against any ICC probe.

Former Philippine Senator Leila M. de Lima, who was freed on bail after spending nearly seven years in jail on drug trafficking charges, told reporters last week she was “very much willing” to help in the ICC investigation.

The government estimates that at least 6,117 suspected drug dealers were killed in police operations. Human rights groups say as many as 30,000 suspects died. — Beatriz Marie D. Cruz

Marcos greeted by prolonged transport strike after US trip

JEEPNEY drivers sit on the sidewalk in Manila as they continue their three-day strike on Tuesday against franchise consolidation under the government’s Public Utility Vehicle Modernization Program, which effectively phases out commuter jeepneys. — PHILIPPINE STAR/EDD GUMBAN

By Jomel R. Paguian

AS PRESIDENT Ferdinand R. Marcos, Jr. returned from his six-day trip to the United States, public utility vehicle (PUV) drivers welcomed him with their second day of protest against the phaseout of jeepneys, with a separate transport group set on another three-day strike starting Wednesday.

“We will welcome the return of Marcos Jr. with our widespread strike because the government has not given reasonable answers to our calls,” Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide (PISTON) national president Mody T. Floranda, whose group spearheaded the strike, said in Filipino on Tuesday.

PISTON said they will continue with their protest as the Land Transportation Franchising and Regulatory Board (LTFRB) failed to address their demands at their meeting on Monday.

Meanwhile, transport group Manibela also announced that they will hold a three-day transport strike starting on the third day of PISTON’s protest action on Wednesday.

“It’s possible that we’ll be together and merge [in protest]. We’ve been discussing it since last week,” Manibela chairman Mar Valbuena said in Filipino during a press briefing.

Both transport groups called authorities to repeal the PUV Modernization Program (PUVMP) which effectively phases out traditional jeepneys in favor of new generation transport vehicles by the end of the year.

The PUVMP also requires drivers and operators to form corporations and cooperatives until Dec. 31 to get new transport franchises, which the group insisted will start the phaseout of jeepneys.

“Franchise consolidation is a takeover of individual franchises that essentially equates to phaseout,” said Mr. Floranda. “We’re not just talking about the phaseout of vehicles here but the phaseout of our livelihoods.”

During Monday’s press briefing, Vice President Sara Z. Duterte-Carpo reiterated the recorded 70% compliance rate of PUV drivers with the proposed modernization plan.

On Tuesday, Mr. Valbuena claimed that those who had already agreed to franchise consolidation were forced by the authorities. “A majority of those who agreed to be consolidated were afraid and intimidated. Many of them want to withdraw from the agreement,” he said.