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Unholy Mother, Our Lady of Limitless Lies

By Carmen Aquino Sarmiento

MOVIE REVIEW
The Kingmaker
Directed by Lauren Greenfield

And no wonder, for even Satan disguises himself as an angel of light. — 2 Corinthians 11:14

THE MUCH-AWARDED documentary The Kingmaker, by Lauren Greenfield, opens with the octogenarian Imelda Romualdez Marcos handing out crisp 20 peso bills to the clamorous rabble, through the purposely open window of her van. It was 2014, and Mrs. Marcos was in her latest political incarnation as the representative of Ilocos Norte-Congressional District 2. (When she turned 90 last year, her nephew Angel Barba, the son of President Ferdinand Marcos’ youngest sister Fortuna Marcos Barba, took over this seat.) But even then, the groundwork was being laid for the ascendancy of her only son, Ferdinand “Bongbong” Marcos, Jr.

That was a relatively quiet period in the life of “The Beautiful One,” as the assassinated Benigno “Ninoy” Aquino, Sr. called her. She had been on the world stage, hobnobbing with the mightiest 1%, since the mid-1960s. Through the years, she has been the subject of countless visual artists, of playwrights Carlos Celdran and David Byrne, and another documentarist Ramona Diaz (Imelda, 2003). Greenfield speculates that it was during this lull that Mrs. Marcos might have found the attention and the prospect of being the subject of yet another documentary, a welcome diversion.

Savvy and wily as ever, Mrs. Marcos relentlessly milks her every on-screen moment to present her singular version of reality. This is generally a comparison of what it was like, in the time of Marcos (Intra-Marcos), and apres Marcos, le deluge. A lie repeated often enough, becomes the truth. Eg., Intra-Marcos, one did not see beggars or poverty in the Philippines, but only her ostentatious love, and bountiful bodacious beauty. That was probably because shanty towns were hidden behind high whitewashed fences, and critics of their regime were brutally silenced, especially during Marcos’ Martial Law. Nonetheless Mrs. Marcos would have viewers believe that the Marcoses are victims too. The woman is a player, just like a fat ginormous old cat toying with a hapless mouse. In a way, it is she who let’s us see what she wants us to see. Such is Mrs. Marcos’ formidable charisma that Greenfield herself would only say that she was an “unreliable narrator,” instead of naming what she really is: a liar. Pains are taken to juxtapose documentary footage to dispel Mrs. Marcos’ relentless historical revisionism. But words have never inflicted lasting damage on Mrs. Marcos as the impossibility of exacting an execution of judgment of her conviction have shown.

There are times when the artifice slips. She frets about being unable to access her 170 bank accounts, and, while protesting her family’s innocence, gloats at how she smuggled out a Pampers-box full of precious jewels when they were so unceremoniously “kidnapped” in 1986. She slyly notes that not being taken too seriously can work to one’s advantage. The most memorable meme is her unabashed declaration that “Perception is real, the truth is not.” It’s the story of our time.

But how many of the multitudinous apres-Marcos generations (X,Y, Z and i) will see her for what she really is? Grace notes of sobriety and truth come in painful soundbites through the balancing and harrowing interviews of Marcos’ Martial Law survivors, such as Etta Rosales and May Rodriguez who shared details of their detention, torture, and sexual assault at the hands of Marcos state agents. The writer Jose “Pete” Lacaba breaks down as he recalls the mutilation and salvaging of his brother Emman, as well as his own ordeal.

How the powerful manipulate reality was graphically illustrated in Mrs. Marcos’ transformation of Calauit into her family’s private wildlife preserve. It was the exceedingly strange and surreal existence of Calauit which had initially piqued Greenfield’s curiosity. Helpless ruminants — giraffes, gazelles, zebras from the Kenyan savannah — were illegally imported to be captive targets in the Marcos’ personal shooting gallery. Meanwhile the indigenous inhabitants were driven out of their huts and farms. After generations of in-breeding and without an attending veterinarian, the Calauit giraffes have been observed to have shorter necks. Apres Marcos, some of the original displaced Calauit inhabitants made their way back, but the zebra are a bane to their swidden cultivation plots.

Mrs. Marcos pours out the pathos with the measured and mastered cadences of a practiced performer. It may be the artistry of the grifter, the dissembler and the con, but, like all illusion, it is magical and riveting when well done. A horde of snappy servants, sycophants, and security men are the supernumeraries setting the stage for her every calculated move and elegantly cadenced utterance. She proudly presents as the Cinderella-orphan who made good, although publicly, she has never confirmed the published accounts of her barefoot Dickensian childhood. Having lost her mother Remedios Trinidad at a tender age (cue the violins), she asserts and reiterates ad nauseum, her selflessly transcendent role as our nation’s noble mother. In a spasm of gender-fluid introspection, she muses that Ferdinand E. Marcos was not merely husband but also a Svengali-like mother to her. As the 2016 campaign draws nigh, the P20 bills are replaced by stacks of icy blue thousands.

In the early stages, The Kingmaker production crew had extraordinary access, even shooting in Mrs. Marcos’ lavish Makati apartment where several European masters were blatantly on display, including an unlikely Michelangelo which the curator Marian Pastor Roces snorts has a provenance so shady, that some unscrupulous art dealer must have laughed all the way to the bank. Former Presidential Commission on Good Government Commissioner Andres Bautista sent a raiding team to seize these obvious fruits of ill-gotten wealth, but they had been replaced by framed portraits of the Marcoses. Poor Bautista plays it straight, and ruefully notes that since he was the Commission on Elections Commissioner when Leni Robredo narrowly won the vice-presidency against all odds, he had to go into self-exile in Oklahoma.

Watching Mrs. Marcos is as fascinating as the indomitable predators in nature documentaries whose evolutionary biology dictates that they propagate their genes unto the succeeding generations. Her limbic-brained will to power is manifested in her stony determination to see Ferdinand Jr. ensconced in the Palace at any cost. That is why Mr. Bautista must watch his back. Even in her dotage, Mrs. Marcos is not giving up. It must gall her no end that both Corazon C. Aquino and Benigno Simeon “Noynoy” Aquino got that choice plum, the presidency, which she has always aspired for, but which had eluded her.

To put it kindly, Bongbong Marcos is not as gifted as either parent. Now 62, he has anointed his own K-pop pretty and boy band banal son, Sandro Araneta Marcos, as his successor. Greenfield mischievously shows how young Sandro during the 2016 elections, needs a new ballot because, in his own words, he “messed up” and initially voted for two presidents. His paternal grandfather Ferdinand Sr. topped the Bar Exams with the highest average ever. Greenfield inserts a bit about the folly of political dynasties. Sometimes the fruit just keeps rolling away from the tree.

Maynilad picks Consunji-led firm for 150-MLD water treatment plant

MAYNILAD Water Services, Inc. has chosen a consortium led by a unit of DMCI Holdings, Inc. to build a 150-million-liters-per-day (MLD) plant that will treat water from Laguna Lake, a company related to the water concessionaire said.

First Pacific Co. Ltd. told the stock exchange of Hong Kong, where it is listed, that Maynilad had entered into a service contract with AA-DMCI Laguna Lake Consortium on Jan. 28 for the project.

“The scope of work under the Project involves the provision of engineering design, construction, supply and installation of electromechanical equipment or process units, testing, commissioning and process-proving of the Facility,” it said in a disclosure on Jan. 29.

The First Pacific group has approximately 51.3% interest in Maynilad Water Holding Co., Inc. (MWHC), the holding company of Maynilad incorporated in the Philippines.

Consunji-led DMCI Holdings, being a 27.2% shareholder of MWHC, is a connected entity to First Pacific.

The service contract was awarded to AA-DMCI Laguna Lake Consortium, which is a partnership of DMCI Holdings unit D.M. Consunji, Inc. and Spanish firm Acciona Agua, S.A.

Sought for comment, an official of Maynilad said Metro Manila’s west zone concessionaire was preparing a statement on the matter. The official did not disclose the cost of the project when asked.

First Pacific said the project’s scope of work includes the installation of an intake system from, and a brine discharge system into, Laguna Lake, treated water reservoir and pumping station and connection of the facility to the water distribution network.

The service contract forged with the consortium sets out the terms and conditions governing the relationship between the parties, including but not limited to the contract price and terms of payment, scope of work, project milestone dates and confidentiality.

First Pacific said the service contract has a term of 1,679 calendar days to take effect from Jan. 28, 2020 to the issuance of the performance certificate, comprising an initial period during which the consortium is to perform the scope of work, followed by a defects notification period of 730 days, which runs concurrently with a process-proving period of 365 days.

Maynilad, a concessionaire of the state-led Metropolitan Waterworks and Sewerage System, serves the cities of Manila, except portions of San Andres and Sta. Ana. It also covers Quezon City west of San Juan River, West Avenue, EDSA, Congressional, Mindanao Avenue, the northern part starting from the districts of the Holy Spirit and Batasan Hills.

Down south, it serves Makati west of South Super Highway, Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; and the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite province.

Ramoncito S. Fernandez, Maynilad president and chief executive officer, said in December last year that the company had diversified using its permission from the MWSS as early as 2009 to build two water treatment plants in Putatan, Muntinlupa ahead of a third plant in Poblacion of the same town in January.

Metro Pacific Investments Corp., which has majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific, the others being Philex Mining Corp. and PLDT Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star Group, which it controls. — Victor V. Saulon

Workers without access to ‘decent’ jobs seen at 470M

ACCESS to decent work is deteriorating because employers keep offering inappropriate wages or demand long hours, the International Labor Organization (ILO) said.

In a report, World Employment and Social Outlook: Trends 2020 (WESO) released on Jan. 20, the ILO estimated the number of workers worldwide facing such conditions at 470 million.

“More than 470 million people worldwide lack adequate access to paid work as such or are being denied the opportunity to work the desired number of hours,” ILO said in the report.

This total includes 188 million who are currently unemployed; 165 who are underemployed; and 120 million who are not able to find decent work, ILO said. This suggests the “underutilization” of the global labor force which is not captured by typical indicators like unemployment rates.

WESO lead author Stefan Kühn said in a statement: “Labour underutilization and poor-quality jobs mean our economies and societies are missing out on the potential benefits of a huge pool of human talent.”

ILO also reported that global unemployment is expected to rise by 2.5 million this year, because of the mismatch between the numbers of those entering the workforce and the available jobs that are appropriate to their skills.

The report said being employed does not guarantee having decent work, with 61% of the global workforce, or about 2 billion workers, employed only informally. — Gillian M. Cortez

Best films of the past 10 years

A GRIM DECADE, grimmer now in its passing. Not a lot of comedies on my list, and what laughter there is often dies strangled in the throat.

Do the films reflect that grimness? In ascending order:

Beginning with the three Andersons — can’t say this was Paul Thomas’ decade; The Master was well-made but emotionally opaque, Inherent Vice a slowed-down version of the sparkling Pynchon novel. Phantom Thread I enjoyed as a metaphor for the director’s micromanaging ways, the startlingly witty solution formulated to deal with those ways.

Wes is at first glance a lighter-flavored Anderson but no less inventive ideawise, a hermetically sealed filmmaker in whose aquarium films exotic creatures swim against intricate miniatures. Found his Moonrise Kingdom emotionally satisfying because, 1.) his stories seem to resonate best in childhood setting, and, 2.) he needs a romance to drive his often meandering narratives, and this particular love story appealed more than the others.

My favorite Anderson by far is the underrated Paul WS, and I’d argue Pompeii is his masterpiece — a historical melodrama in the Gladiator mode (albeit on a smaller budget) that improves on Ridley Scott’s elephantine dungheap by being fleetfootedly witty, pausing only to evoke an image straight out of Roberto Rossellini’s Journey to Italy before the final fadeout.

Tim Burton in the past 10 years has been hit or miss, mostly miss; that said, even his misbegotten Dumbo I prefer over any other Disney production, live action or animated, and his Big Eyes is a cunning little tale of misappropriated credit. Speaking of Disney, my favorite film involving the studio has to be hands down Sean Baker’s The Florida Project, about life lived in the margins of The Enchanted Kingdom — basically, not all that enchanting.

Joselito Altarejos’ Jino to Mari (Gino and Marie) takes the Boatman/Private Show sex performer’s story a step further, the real spectacle here being two people stripping away their sense of self — not a pretty sight. Park Chan Wook’s The Handmaiden is sexy evil fun. David Cronenberg in A Dangerous Method leaves prosthetic effects behind to depict the ultimate Cronenberg creature: Kiera Knightly as Sabina Spielrein, the catalyst and inspiration for two of the 20th century’s greatest minds, Carl Jung and Sigmund Freud.

Atonette Jadaone’s Three Degrees of Separation from Lilian Cuntapay takes the one-of-a-kind presence of Lilian Cuntapay, veteran actress of Filipino horror films, and fashions a funny and poignant metafictional fable about her unappreciated acting career. Denise O’Hara’s Mamang takes a similar sense of comic morbidity and adds a touch of pathos, basing her story on her uncle — late filmmaker Mario O’Hara — and his close relationship with his mother.

Wong Kar Wai’s The Grandmaster is his most popcorn effort yet, an enjoyably wayward take on Ip Man, the legendary martial arts master who trained Bruce Lee.

Bong Joon Ho’s Parasite takes the class wars and spins them into fiercely engaging comedy, skewering lower and upper classes both.

Terence Malick’s Tree of Life is his 2001 — a cosmic vision both hypnotic and beautiful, but lacking the irony of Kubrick’s masterpiece; better in my opinion is Shane Carruth’s Upstream Color, which more Thoreau-ly, less soppily (and on a far smaller budget) expresses the mystery of nature.

Claire Denis’ High Life is her 2001, her take on the crushing isolation of deep space after all other fellow space travelers have died, either by suicide or violent murder (If hell is other people, is being the sole survivor — with your baby daughter as companion — heaven?). Arden Rod Condez’s John Denver Trending is isolation of a different kind, enforced by a community driven to hysterical frenzy by social media.

Sari Lluch Dalena’s Ka Oryang depicts the institutionalized loneliness imposed on women political prisoners during the Philippine Martial Law period. Sherad Anthony Sanchez’s Salvage suggests not just the dangers faced by telejournalists under the Duterte regime (military checkpoints and random killings and all) but the dangers of an increasingly pixilated world pulling loose of its moorings in reality. John Torres’ Ang Ninanais: Refrains Happen Like Revolutions in a Song is a heady mix of fable and fiction presented secretly, intimately, like poetry whispered in your ear. David Gordon Green’s Joe is the plainspoken portrait of a lonely young man and his monstrous abusive father — and the alternative father figure that represents possible salvation.

Olivier Assayas’ Clouds of Sils Maria plays enigmatic narrative games with the viewer; his Personal Shopper is even more fun, a genre-bending mix of ghost story, psychological thriller, and conspicuous consumption vicariously experienced through the eyes of the eponymous shopper.

Roman Polanski’s The Ghost Writer ratchets up the paranoia about hidden political scandals (a nation’s leader as foreign agent, which sounds distressingly familiar) and endangered scribes; Eduardo Dayao’s Violator — about a local jail where the Devil is possibly locked up — feels just as paranoid but even more inventive, Howard Hawks’ Rio Bravo as remade by Kurosawa Kiyoshi.

Hou Hsiao Hsien’s The Assassin is his most perverse: a wuxia romance that is also unapologetically a Hou film, leisurely paced and lyrically detailed. In Abbas Kiarostami’s Certified Copy, a man and a woman meet and talk — that’s all; yet the film feels thrilling and mysterious.

Shoplifters, Hirokazu Kore-eda’s take on urban poverty, roils considerably less than Bong Joon Ho’s, but in my book feels more honest. Lee Chang Dong’s Poetry, about a grandmother dipping her toe in the realm of verse while trying to deal with the fact of her troublesome grandson is even more spare, even more, well, poetic.

Martin Scorsese’s The Irishman is a portrait of the gangster as a lonely old man, confronting not just mortality or his conscience but the relentlessly withering forces of time itself. Masaaki Yuasa’s The Tatami Galaxy is nominally an 11-episode anime TV series and not a film, but its use of repetition and mixed media (stylized animation, hyperealistic animation, live-action footage) is irreducibly cinematic, its often metaphysical comedy sharpening the isolation of the unnamed college upperclass protagonist.

I failed to see Jean-Luc Godard’s Goodbye to Language in 3D as intended (arthouse 3D is, if anything, even more difficult to catch than ordinary arthouse) — still, the world’s most inventive living filmmaker at his most inventive. Apichatpong Weerasethakul is less inventive than he is singular — his films look and feel like no one else’s — and his Cemetery of Splendour is one of his most haunting works.

Janice O’Hara took her late uncle’s script and turned it into Rice Soldiers (Sundalong Kanin), her harrowing take on children struggling to survive World War 2 — her first and last film, sadly. Mario O’Hara’s The Trial of Andres Bonifacio is his independently produced, digitally shot, theatrically stylized take on one of the most infamous episodes in Philippine history, the railroaded trial and conviction of the founder of the Katipunan.

Lav Diaz’s Norte, The End of History takes the figure of Raskolnikov and fashions a Crime and Punishment that makes sense in a Filipino context. Terence Davies’ A Quiet Passion fashions out of the life of Emily Browning a rhymed meditation between image and text that does the poet justice.

Paul Schrader’s First Reformed retells his Taxi Driver narrative yet again, this time by way of Bresson (Diary of a Country Priest) and Bergman (Winter Light), to find saving grace in Ozu’s ego-deflating sense of humor. Terence Davies’ Deep Blue Sea is a spare tale sparingly told: a few sets, a handful of actors, an unforgettable passion play. Lee Chang Dong again, this time with Burning, takes the class war anger smoldering in Bong Joon Ho’s Parasite and wields it like a scalpel to the jugular.

Khavn’s Balangiga: Howling Wilderness is a different kind of anger, of the flamethrower variety — a creatively reimagined (to put it mildly) depiction of the American massacre at Balangiga, but is also a thinly veiled metaphor for Duterte’s bloody drug war.

James Gray’s The Immigrant (the very word feels politically loaded) dramatizes the sexism and xenophobia experienced by visitors to The New Land at the turn of the century, but could be happening just this morning. In Lav Diaz’s Florentina Hubaldo CTE the very title suggests the abuse inflicted on the eponymous character (chronic traumatic encephalopathy, a head injury usually found in football players) — the same time the protagonist comes to stand for the Philippine nation and its history of abuse.

Orson Welles died in 1985 but his reputation for miracles remains intact; his The Other Side of the Wind comes out 33 years after his passing and is as maddening and provocative as anything he’s ever done, a bittersweet valentine to the industry he came to hate and love.

Speaking of hate — Lav Diaz’s Panahon ng Halimaw is the filmmaker’s idea of a musical, a black-and-white rock opera with no musical instruments only unaccompanied voices, condemning the Marcos and Duterte regime both in an all-encompassing, all-consuming rant of rage.

Martin Scorsese — again — with Silence. Jesuit priest furtively practicing his faith in Japan, is caught and tortured. Scorsese’s film again wrestles with a crisis of faith and what for me is the real point is what happens after the climactic confrontation: the long wandering odyssey of a soul that has lost everything, even its sense of self. The final image, condemned as being unduly optimistic, is actually shrouded in ambiguity; there are no real answers here, only…

David Lynch’s Twin Peaks: The Return is, yes, nominally cable television (though the first four episodes premiered in Cannes) but so radically out there it really isn’t television or film but its own creature. The subtext — running through Blue Velvet, Mulholland Drive, to Twin Peaks: Fire Walk With Me — a classic noir admonition: Cherchez la femme, par dieu! Cherchez la femme!

Speaking of dieu, there’s Alexei German’s Hard to be a God, about a man secretly embedded in a muddied, bloodied, shit-smeared, vomit-stained rectum of an alien planet, as perfect a summation of my feelings about this past decade as any. Hopefully things get better than this — difficult to imagine how they can get any worse.

Beyond that? Isao Takahata has always admitted to the possibility that things can get bad, has made a World War 2 film — Grave of the Fireflies — where things get pretty bad. His The Tale of Princess Kaguya is a retelling of one of Japan’s oldest stories only with a more psychologically rounded heroine capable of feeling desire, guilt, love, despair, and in telling that story — in ruthlessly following the contours of the tale’s inexorable narrative — has us alternately plunging and soaring in sympathetic resonance with his heroine. A great film, and in my book the best of the decade.

Lyft cuts 2% jobs on journey to profitability

LYFT INC. said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021.

The restructuring happened in two of its teams, sales and marketing, the company said.

Lyft, which operates in 95% of the United States and select cities in Canada, including Toronto and Vancouver, said it had employed 5,500 people.

“We’ve carefully evaluated the resources we need to achieve our 2020 business goals, and the restructuring of some of our teams reflects that,” the company’s spokeswoman told Reuters.

Lyft plans to hire more than 1,000 employees this year, the spokeswoman added, without providing further details.

Chief Executive Officer Logan Green said in October that Lyft is expected to be profitable on an adjusted EBITDA basis in the fourth quarter of 2021.

The New York Times reported earlier in the day that Lyft plans to announce a restructuring that will result in job cuts.

Shares of the company closed down nearly 3% at $46.84.

Lyft said in October its active rider customer base grew to 22.3 million during the third quarter, up 28% from a year earlier.

Rival Uber Technologies Inc. has promised it would achieve adjusted EBITDA profitability by the end of 2021. — Reuters

Finance chief says another lease deal up for review

FINANCE Secretary Carlos G. Dominguez III flagged on Thursday another lease contract that will be up for review, adding to the list of agreements between the state and the private sector that the government found to be disadvantageous.

Mr. Dominguez said in a forum in Makati City yesterday that according to a report from a state-led financial institution, a certain leasing contract was renewed even though the lessor did not put up a structure that had been agreed by the parties.

“Yesterday, there was a report to me by one of our financial institutions that they got into a contract to lease a piece of property so that lessor will put up a certain structure there. That lessor did not put up that structure. And yet the lease was renewed. For a very low rate again,” he told the participants of the forum.

He said he had ordered his staff to look and review all the contracts with that lessor that will expire in April.

However, he said there were no details that can be disclosed yet as the review of the contract is still ongoing.

“You think with this administration, should sit down and say, well that was the way it was done in the past we will go ahead, you forgot the basis of why this admin was elected. We said we wanted to change,” he said.

Last week, Mr. Dominguez bared another contract with alleged “onerous” provision, this time with oil firm Chevron Philippines Inc.’s more than four-decade old lease deal which according to their computations allowed the firm to pay lower-than-market value in rental fees.

“So what I said… we will no longer renew the lease without competitive bidding. And they said: ‘Oh no we don’t want a competitive bidding.’ So I said: ‘In that case, our partnership can be dissolved.’ So we will close the corporation, we will buy you out, we will pay you for the value of the property, for your 40%, right? And then we will bid it out but in a transparent and a public way,” he said.

Through this, he said the public will be able to maximize the taxes they pay instead of “subsidizing” a company “that has been in effect subsidized for 44 years.”

Currently, the government is drafting a revised contract with the two water concessionaires to eliminate the “onerous” provisions that are said to be disadvantageous to the public. — Beatrice M. Laforga

Imelda Marcos — in her own words

By Joseph L. Garcia, Reporter

THEY SAY that a fish is caught by its own mouth. Every moment that Imelda Marcos opens her mouth in The Kingmaker, a documentary about herself by Lauren Greenfield (who also made the documentary The Queen of Versailles), we can frequently catch her saying — well, something.

The film is not only an incisive portrait of a woman who is said to have bled her country dry, but also an exploration of what truth is — or if it still means anything, in the first place. BusinessWorld presents a series of quotes from Mrs. Marcos, as well as the people who have either worked closely with her, or against her. They are all from The Kingmaker.

IMELDA ON THE PHILIPPINES
“When I see Manila, I feel so depressed and sad. This was a little paradise. Before, during my time, there were no beggars. I had a place for them.” — Mrs. Marcos on the congestion of Manila. During her time, Mrs. Marcos ordered the demolition of several slum districts to beautify the city. The situations at these demolitions were hardly ever pretty.

“I miss the clout of being First Lady. Not exactly the palace, because it was not really a very comfortable place to live in.” — Imelda Marcos passing by Malacañang

“My dream for my country is to regain paradise for all.” — Imelda Marcos on her future plans

IMELDA MARCOS ON HER PAST
“I was always looking for someone to love me. This created my character.” — Imelda on her mother’s death

“I was only eight years old when I became an orphan. And when you lose your money — (correcting herself) your mother — you lose everything.” — Imelda during an interview for her birthday

IMELDA AND HER SPENDING AND ILL-GOTTEN WEALTH
“So you see, the shoes became a joke.” — Imelda on her collection of shoes (The media and authorities place the number at 3,000, Mrs. Marcos places it at 1,000. The number is excessive either way).

“And then we’ll have another $100M to play around with.” — archival footage of Imelda being interviewed about her building projects

“I was always criticized for being excessive. But that is mothering. That is the spirit of mothering. You cannot quantify love.” — Imelda on criticism of her

“It saved us later on to pay lawyers, that cost millions.” — Imelda on fleeing the country with her jewelry, later unboxed at the US Customs in Hawaii

“She called me one day when she was staying at the Waldorf in New York. ‘What do you think of the Crown Building?’… She said, ‘I’m gonna buy it.’ And then she bought four more.” — Beth Day-Romulo, journalist and wife of Foreign Secretary Carlos P. Romulo

“I am no longer First Lady. I’m not even allowed to go around the world anymore. They prohibit me. I have money in 170 banks. And deposits of assets. I cannot even have them.” — Imelda on her money; Former PCGG (Philippine Commission on Good Government) Chair Andy Bautista admits later in the film that he did not know about these banks.

“You will see here what we supposedly have stolen. Banks, buildings. A stolen Golden Buddha, which was ridiculous. I did not steal a Golden Buddha.” — Imelda touring the crew around a safehouse filled with, at her count, 350,000 court documents. This also puts to rest an internet legend that the Marcos family got their wealth from the fabled WWII Yamashita treasure.

“This one is of course, a Picasso. Marcos would say, ‘Imelda, I know how to earn money properly. But you know how to spend money properly, because you buy beauty.’” — Imelda on her art purchases. Mr. Bautista would later show photographs that during a raid, Mrs. Marcos hid the paintings and instead displayed personal portraits of her and her husband.

“That alerted the authorities, and they immediately conducted an investigation… we went over to her house and asked her, ‘Mrs. Marcos, we wanted to know whether you are claiming ownership of the painting.’ She replied to me, ‘In case I do say that I own the painting, will it be given back to me?’” — Former PCGG Chair Andy Bautista recalling the sale of a Monet painting in the possession of Vilma Bautista, a former aide of Mrs. Marcos

“So far, we’ve been able to remit back $4 billion. But I also hasten to add that many of these assets have really appreciated in terms of value.” — Mr. Bautista on the amount of ill-gotten wealth the PCGG have managed to recover

IMELDA, THE AQUINOS, AND 1986
“They were saying so, but why will I do that? He was no threat to me. In fact, I knew him before I knew Marcos. Some people say that he was courting me. But I had nothing against him. Except that he talked too much, anyway.

“It’s not in my character to even quarrel with anyone. How much more, kill anyone? God knows I was very kind to him.” — Imelda on assassinated opposition leader Benigno “Ninoy” Aquino, Jr., who was jailed for seven years in the Philippines, before being exiled to the United States, then assassinated upon his return to the Philippines.

“She believed that there was a threat. She was prevailing over my father not to come home. And then… [to] say that ‘I had nothing to do with it.’ (silence). I’m sorry, kind of absurd — the concept.” — Former President Benigno Aquino III

“No less than the son of Cory is president now. Between the mother and the son, you cannot tell who is worse.” — Imelda on the second Aquino administration

“Some people want to say that it’s just a fight between us and the Marcoses. The fight is, there has to be something that is right, and there is something that is wrong.” — Mr. Aquino

“It’s not true that we fled from our country. We were kidnapped. They told us we would go to Paoay, a town in Ilocos. Only to be brought to Hawaii.” — Imelda on her exile

“I remember very well buying the ticket. I said, I can’t come home in coach.” — Ferdinand Marcos, Jr. recalling coming back from exile

IMELDA AND POLITICS
“If I didn’t know what was the problem, I would ask General Mao, ‘What’s your problem?’ It’s the same with Saddam Hussein.”

“He took my hand and kissed it… he said, ‘Mrs. Marcos, you started the end of the Cold War.’ In five minutes! Mao!” — Imelda on her tactics in diplomacy

“I knew he wanted to be president so that he could maximize his wealth and talent.” — Imelda on her husband

IMELDA AND SELF-IMAGE
’Yung tiyan ko, okay, malaki?” (My stomach, is it OK, is it big?) — Imelda asking an aide before beginning shooting

“Perception is real, and the truth is not.”

“Sometimes it helps that you’re not taken too seriously.” — Imelda Marcos

At least two lenders looking to set up PHL Islamic banking units

THE CENTRAL BANK said two to three lenders want to put up Islamic units. — BW FILE PHOTO

TWO TO THREE banks have expressed interest to set up an Islamic banking unit in the country, according to Bangko Sentral ng Pilipinas Managing Director Arifa A. Ala.

This follows the regulatory framework unveiled by the central bank following the implementation of the Republic Act No. 11439 or an Act Providing for the Regulation and Organization of Islamic Banks, which was enacted in August 2019.

The law will allow traditional banks to go into Islamic banking operations once they receive approval from the Monetary Board (MB).

Ms. Ala clarified that these banks have only expressed interest and have not yet submitted formal applications.

So hindi pa talaga complete application (It’s not yet a complete application). Kasi ganun talaga, kaka-issue lang ng IRR (It’s like that because the implementing rules and regulations have just been issued) so they were exploring the possibility of establishing,” she told reporters.

“Even before the passage of this law, they were querying kasi (because) everyone in Southeast Asia — look at our neighboring countries, they have Islamic banks. Tayo lang ’yung isa lang ang Islamic bank natin (We are the only country with only one Islamic bank,” she added.

Under the new law, Islamic banks can accept current accounts, savings accounts, investment accounts and foreign currency deposits, among others. These banks can also go into the issuance of Shariah-compliant funding instruments including “sukuk” after securing approval from the MB.

Only the Al Amanah Islamic Bank operates on Islamic banking principles in the country. Its operations have been under the Development Bank of the Philippines since 2008.

Asked whether she expects formal application this year, Ms. Ala said: “Probably. When they’ve seen the requirement…the undertaking to establish a Shariah governance framework.”

“It’s a new type of banking. They need to set up those appropriate mechanisms to ensure that the products are indeed Shariah-compliant,” she said.

Ms. Ala said lenders eyeing to set up Islamic banking units need to have P3 billion to P15 billion of capital in order to be allowed to do so.

The minimum P3 billion is needed if only one branch or just the headquarters will be set up, while P15 billion will be needed for those looking to build up to 100 branches.

“Of course if it’s an existing bank, a commercial bank, na-meet na nila ’yun (they’ve already met that requirement),” she added. — L.W.T. Noble

Petrobras workers call strike from Saturday; company says it is illegal

SAO PAULO — Workers at Brazilian oil company Petrobras approved a plan to go on strike from Saturday, protesting a plan by the state-controlled firm to close a fertilizer plant and fire its 396 workers.

Oil workers federation FUP said it had already informed Petrobras, or Petroleo Brasileiro SA, about the plan. FUP said that despite the strike it has no plans to hurt fuel supplies in the country.

FUP has called several strikes in the past, mostly to protest the company’s plans to divest from several areas to reduce costs and cut debt. Oil production or refining operations were hardly affected.

Petrobras said on Wednesday the strike was illegal. The company said it has contingency plans. — Reuters

SEC flags schemes targeting public servants, OFWs

By Denise A. Valdez, Reporter

THE Securities and Exchange Commission (SEC) has flagged two groups operating an illegal investment scheme targeted to teachers, military, police and overseas Filipino workers (OFWs).

In an advisory on its website, the SEC warned the public against engaging with individuals and groups identifying as ”The Program” and “Financial Education and Entrepreneurial Development (FEED) Program” as these are not registered with the regulator.

“Based on the records of the Commission, The Program and the FEED Program are not registered with the Commission either as corporations or partnerships. There being no primary license, they are not authorized to solicit investments from the public,” it said.

The SEC said the companies operate similar to Teachers Financial Coaching Program (TFCP)/Teachers Financial Freedom Program (TFFP)/Elite Teachers Financial Program (ETFP)/Teachers Financial Program (TFP), which it already warned the public against in an advisory earlier this month.

The companies operate by inviting clients to invest P115,000 — or if the cash is unavailable, they offer assistance in obtaining a bank loan to raise the cash — in exchange a P10,500 cheque and P11,000 worth of Royale beauty products or food supplements.

Investors are also required to invite more members to the company to get P11,000 for every recruited person. “Training seminars on financial literacy and promises of a debt-free life, double net pay, owning a car, travel with family and savings in the bank are likewise offered by the entities,” it said.

As these invitations are made publicly through social media, the SEC said it is against the Securities Regulation Code, which say securities may not offered publicly without a registration statement approved by the SEC.

Given the companies’ failure to comply with regulations, The Program and the FEED Program may be penalized with a maximum fine of P5 million, or imprisonment of 21 years, or both.

“Those who act as salesmen, brokers, dealers or agents in selling or convincing people to invest in The Program and the FEED Program including soliciting investments or recruiting investors through the internet may be held criminally liable…,” the SEC said.

“In view thereof, the public is hereby advised to stop investing in the investment scheme being offered by The Program and the FEED Program and their representatives,” it added.

Winner’s winning moments

By Cecille Santillan-Visto

Concert Review
Winner Cross Tour in Manila
Jan. 25
Mall of Asia Arena

MANY WONDERED whether Korean pop group Winner was just a flash after clinching the crown in a talent reality show in 2013. Now, more than five years since the group’s official debut, Winner — composed of leader Seungyoon, Mino, Jinwoo, and Seunghoon — is arguably one of the most formidable K-pop groups, performing in sold-out concerts not only in Seoul but in major cities worldwide.

The quartet held its first solo concert in Manila in November 2018 (see concert review here: https://www.bworldonline.com/winner-takes-it-all/) and before that, they were the special guests of the now-defunct girl group and YG Entertainment labelmate, 2NE1, for the Manila leg of the 2NE1 All or Nothing Tour in 2014.

As the members have been given the right amount of exposure and gained the appropriate level of experience, Winner was, in a nutshell, a powerhouse in its concert last Saturday. Winner was so entertaining that even those who were not avid fans may have emerged from the Mall of Asia Arena as members of the group’s fandom, Inner Circle.

During the Everywhere Tour in Manila in 2018, the group was a bit tentative, having recently lost a member, Taehyun. But this time Winner returned to the Philippines confident, methodical, and, as they repeatedly shouted during the show, “solid.”

They brought with them a live band, a set of sultry dancers, and a repertoire that was slightly different from the set list published online based on Cross Tour concerts in other countries.

But perhaps the most entertaining portion of the show was off-repertoire. Their rendition of Sarah Geronimo’s viral “Tala” dance was clearly the most applauded performance of the night, with Sandara Park cheering them on from the VIP seated area.

Main dancer Seunghoon, fondly called “Hoony,” first danced to the song with so much gusto that he brought down the house. Then he taught the other members the steps and after just one run-through, all four danced in sync. They delighted the audience by also singing a portion of the chorus after the dance demo.

Winner performed 30 songs in all, dished out several Tagalog lines (“Charot!,” “Ayos dito ah,” and “Salamat”), and danced what could have been the best “Tala” cover to date. With overflowing fun and positive vibes, the fans were the first to recognize that last week’s concert may well be one of Winner’s winningest moments since it was formed.

They sang many of their hits, from “Everyday” (the curtain-raiser) to “La La,” “Love Me Love Me,” “Movie Star,” “Really Really,” and “Special Night.” Spectators in the VIP standing area were dancing eagerly, contributing to the uniquely festive mood. Winner repeated some of the songs during the encore, namely “Really Really,” “La La,” and “Everyday.”

Winner opened the concert dressed all in white and had several costume changes thereafter. In celebration of the Lunar New Year, they also donned the hanbok, the Korean national costume, greeted everyone “Maligayang Bagong Taon (Happy New Year),” and, in keeping with tradition, knelt on the ground and bowed their heads to the floor.

Stage design- and lighting-wise, Pulp Live World made sure that everything was in sync. There were two hydraulic-controlled stages and the band setup was pulled in and out as the set changed. With all the movement — coupled with the pyrotechnics — there was a feeling of “fullness” even if there were only four main entertainers onstage.

Each member also had his own set. Main vocalist Seungyoon belted out “Instinctively” and “Wind” while Mino — with all his swag — rapped all the way to the bank with “Trigger” and “Fiancé.” Seunghoon took the cute route with “Flamenco” — in Spanish costume and in full character — but came on strong with “Serenade.” Jinwoo dished out “Call Anytime.”

In between sets, Winner apologized to fans for a canceled concert festival where they were the main act.

“But we are back, Manila, and huwag nyo kaming kalimutan (don’t forget us),” they said.

Winner has a similar feel as their seniors, Big Bang, but in a different way. They also compose their own songs, which are deliberately more “audience friendly,” and as such, they can easily connect with people regardless of spectrum.

Winner is definitely winning in its K-pop career and we look forward to witnessing more winning moments.

Jaguar Land Rover CEO Ralf Speth to step aside

JAGUAR Land Rover’s Chief Executive Officer Ralf Speth will step down in September when his contract ends, but will retain an advisory role at the British carmaker, the Financial Times reported on Wednesday.

An announcement could be made on Thursday, the newspaper said, citing sources.

Speth will focus on his position on the board of Tata Sons, the holding company of JLR’s owner Tata Motors Ltd, the FT reported.

Tanker giant Maersk’s former CEO Hanne Sorensena has been suggested as a possible replacement to Speth, the newspaper said.

A Jaguar Land Rover spokesman declined to comment on the FT report. — Reuters