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A skilled workforce — a critical component of Phl energy transition
Amid the Philippine energy transition, Aboitiz Power Corporation recognized the growing scarcity of skilled power industry workers and, hence, the necessity of developing a workforce that can adapt and willingly carry the important task of ensuring energy security, affordability, and sustainability for today’s and tomorrow’s Filipinos. “There has to be a workforce now and in the future that will keep our energy system functioning and serve the needs of our country,” said AboitizPower chief people officer MaLu Inofre. “However, among our most difficult challenges is building a skilled talent pipeline that can effectively adjust and work with the fast-paced transformation within the industry's energy mix, digital systems and regulations.” “It has become exceedingly vital to ensure that workforce skills align with the changes of the times,” she further explained. “In the same way, attracting talent in a competitive global market is crucial to a sustainable, efficient, and innovative Philippine power sector that meets our country’s growing energy demands and sustainability objectives.” Inofre made her remarks during the first Philippine Power Industry HR Forum at Shangri-La The Fort, Taguig City. The event was presented by the American Chamber of Commerce of the Philippines, Inc. in partnership with AboitizPower. Young academic and professional achievers were recruited and trained by AboitizPower to operate, monitor, and control the company’s National Operations Control Center, which oversees over 20 renewable energy facilities spread across the country all from one central location. In the Philippines, the Department of Labor and Employment said that an estimated one million skilled workers in engineering, architecture and construction are lacking. They cited “Power Plant Maintenance Engineer” and “Maintenance/Powerplant Engineers” as among the hard-to-fill occupations in the country. This can be due to a lack of qualified applicants or brain drain (or when better opportunities abroad are taken advantage of by skilled locals). “Between 2016 and 2021, the employment in the power industry declined by 15,444 individuals,” said DOLE Bureau of Local Employment Director Patrick P. Patriwirawan Jr. during the same event. “The Philippines saw an increase in the employment in the renewable energy industry last year but could have employed more if not for the delays caused by the Covid-19 pandemic on various project developments in the sector.” Inofre added that a major factor influencing the labor shortage is the shift in the type of skills sought by employers, especially as the sector tries to balance the entry of renewable energy whilst maintaining traditional energy systems. “Knowing this, upskilling will be key to facilitating a just transition for those who will be affected by the transition to a greener economy, as well as the new generation of workers. It is imperative that we successfully cultivate both thermal and renewable energy, so that we can ensure reliable and affordable energy supply for the country,” she said. Meralco Power Academy Program management director Engineer Marc Lester Malibiran explained that, on top of upskilling the workforce, the industry should also help develop interest for the sector, especially in the youth. In a panel discussion, AboitizPower Chief People Officer MaLu Inofre (2nd from right) said that the energy industry must come together to craft and implement programs that strengthen the talent pipeline for the Philippine power industry. “The Philippines boasts a young and vibrant population brimming with innovative potential. By investing in talent development, we tap into this dynamic workforce, harnessing their fresh ideas and energy,” he said. “Unfortunately, we are seeing a decline in both take-up and completion of STEM (science, technology, engineering and mathematics), averaging only a 21 percent completion [rate].” “Young Filipinos avoid STEM as it is seen to be an intimidating course of study. This is important to know as this signals us to develop programs that remove this preconceived notion,” he added. The Philippine Power Industry HR Forum served as an avenue for human resources professionals in the Philippine power industry to connect, collaborate and communicate ideas, knowledge and best practices. Sentiments from the breakout sessions revealed that skills and competency gaps or mismatch, a limited external talent pool and difficulty in retaining talent due to global and local competition are the most cited challenges in the human resources field of the Philippine energy sector. A panel discussion moderated by Atty. Jose Layug Jr. of Divina Law saw Michael Page regional director and country head Albert Perez, Meralco chief HR officer Edgardo “Egay” Carasig, Philippine Independent Power Producers Association, Inc. president Atty. Anne Estorco Montelibano and ACEN chief HR officer John Philip Orbeta discuss the need to calibrate existing government programs to be more in sync with the needs of the energy industry. This includes building competencies within communities to turn locals into more competitive applicants. Meanwhile, another panel discussion moderated by AmCham Human Capital & Resources Committee co-chair Ernie Cecilia had Global Business Power Corporation VP-Human Resources Maria Luz Blanco-Uriarte, One Renewable Energy Enterprise, Inc. founder and president Erel Narida and AboitizPower’s Inofre talk about how retaining workers involves investing on their skills, ensuring talent mobility opportunities and giving them a sense of purpose. “The energy industry must create an acceptable, progressive plan to resolve the talent crisis. AboitizPower, for one, makes an effort to resolve the shortage of estimated skilled workers in our industry by maintaining academic-industry linkages with universities in the country, providing long-term scholarships [and] establishing programs with TESDA that help promote electrical engineering skills at the grassroots level, among other initiatives,” Inofre said. “Through similar initiatives, I believe we can successfully empower a community of like-minded individuals who work towards implementing human resource programs that strengthen the talent pipeline for the Philippine power industry,” she concluded. The post A skilled workforce — a critical component of Phl energy transition appeared first on Daily Tribune......»»
Collision or ramming?
When nations compete for dominance, the concepts of fairness and sovereignty often go by the wayside. This weekend’s collision of Philippine vessels with Chinese ships in the West Philippine Sea should serve as a vivid reminder of China’s aggressive expansionism in this crucial maritime region. While troubling, this incident is just part of a larger pattern of Chinese harassment of Philippine vessels within our territorial waters. China once again relied on its victim-blaming strategy, accusing the Philippines of “deliberately stirring up trouble” in an incident that the Philippine Coast Guard allegedly planned. These claims are ridiculous and unfounded, part of China’s long-running endeavor to legitimize its illegal acts in the West Philippine Sea. But regardless of Beijing’s bluster, the Philippines has the right to stand up to a neighborhood bully. Its claim to sovereignty over the West Philippine Sea is firmly rooted in the Permanent Court of Arbitration’s 2016 ruling, which categorically rejected China’s extensive claims over nearly the entire South China Sea, including areas that overlap with the West Philippine Sea. This landmark decision made it evident that China’s historical claims do not hold up under international law, in an area where competing claims by other countries like Malaysia, Vietnam, Brunei and Taiwan have sparked geopolitical concerns. Historically, the territorial irritants that have the potential to become full-blown conflicts have centered on fishing rights, oil and gas reserves, and the strategic importance of controlling these waterways. Still, unlike China’s bold territorial expansion and contempt for international jurisprudence, the Philippines’ approach is founded on the rule of law. China’s predilections extend beyond the assertion of spurious territorial claims, as it includes the unauthorized construction of artificial islands in the South China Sea. These man-made islands function as military outposts, providing China with a strategic regional advantage. Such acts are not only illegal, but they also pose a direct threat to regional peace and stability. As the Philippines struggles for its rights, exposing China’s duplicity on a global scale is critical. While China portrays itself as a rational and responsible nation in international crises such as the Russia-Ukraine crisis and the Israel-Hamas conflict, its actions in the South China Sea reflect a different face — that of a regional bully. China cannot preach peace and diplomacy while actively pursuing territorial expansion and disregarding international law when it does not support its aspirations. The collision (or was it an intentional incident of ramming by China of Philippine vessels?) near the Second Thomas Shoal in the Spratly Islands is just the latest chapter in China’s unrelenting pursuit of regional supremacy. Philippine efforts to safeguard its sovereignty and defend international law merit support not only from its neighbors, but also from the world community at large. The West Philippine Sea is more than just a body of water; it represents sovereignty, justice, and the triumph of law over aggression. The Philippines’ resistance to China’s bullying is a fight for the rights of all nations that value international norms, territorial integrity, and conflict resolution through peaceful means. China’s activities in the West Philippine Sea and its disrespect for the verdict of the Permanent Court of Arbitration must be countered by the international community with the position that in the South China Sea, might does not equal right. As we consider the perilous situation in the West Philippine Sea, it’s critical to understand that this is not a one-off occurrence but part of a larger pattern. The Philippines has been subjected to constant harassment by Chinese vessels within its own waters. Filipino fishermen are being harassed, maritime resources (like coral reefs) are being pillaged, and Filipino military troops are being put in danger by Chinese warships that have no business being in Philippine waters. There can never be a repeat of the 2012 Scarborough Shoal standoff, which allowed China to build bases on man-made islands. As it stands resolute against China’s gunboat diplomacy, the Philippines serves as a beacon of hope for all nations confronting unjustified hostility. The Philippines’ dedication to upholding international law, maintaining its sovereignty, and defending its people’s rights is admirable. The post Collision or ramming? appeared first on Daily Tribune......»»
2023 National Arts and Crafts Fair
The 2023 National Arts and Crafts Fair, a flagship platform for showcasing the rich cultural heritage of indigenous crafts, arts, and traditions, will be held from 4 to 8 October at Megatrade Halls 1-3 in SM Megamall, Mandaluyong City. It is being organized by the Department of Trade and Industry – Bureau of Domestic Trade Promotion in collaboration with the DTI Regional and Provincial Offices and supported by the Office of Senate President Pro Tempore Loren Legarda. The National Arts and Crafts Fair was conceptualized and initiated by Senator Legarda in 2016. As a national fair dedicated exclusively to our homegrown creative industries, the NACF is a significant initiative not only for preserving the country’s cultural heritage but also for promoting the economic viability of indigenous arts and crafts. Pre-pandemic, the five NACFs held from 2016-2019 were able to generate revenues of Php 114 million for its exhibitors. Back in the spotlight after a three-year hiatus, more than 200 micro, small, and medium enterprises from the country’s 17 regions have been carefully curated for the 2023 NACF. Their displays will feature traditional products such as Philippine fabrics, handwoven items, and handicrafts, as well as contemporary interpretations in the form of handmade ornaments, jewelry, woven apparel, and fashion accessories. Beyond the economic empowerment of indigenous communities and local artisans, the NACF also offers an educational experience through its daily program of activities. Attendees will have the opportunity to delve deeper into the cultural significance of our artistic traditions through workshops, demonstrations, and interactive exhibits. Aspiring entrepreneurs will find valuable resources and business insights during dedicated talks and sessions. Most significantly, the daily program will include feature presentations from the various Schools of Living Traditions from all over the region, providing an immersive experience into the rich and diverse cultural resources of our people. The post 2023 National Arts and Crafts Fair appeared first on Daily Tribune......»»
Survey drop, disinformation, or portent?
The political whirlwind that swept the Marcos-Duterte tandem to a smashing victory in the May elections of 2016 and the air of euphoria following it appears to have gradually dissipated one year and three months following their assumption to office as President and Vice President, respectively. There has been almost a whispery voice of discontent among those in the populating bearing the brunt of the escalating prices of basic commodities and a crescendo of pessimism felt by those who have been used to responsive and aggressive governance. What could have produced the huge fall in the approval and trust ratings of the redeeming and resurrected Marcos scion and the redoubtable charming yet feisty daughter of the controversial but beloved former President? Could it be the systematic and relentless barrage of negative propaganda against the current administration unleashed by the vociferous left inside and outside Congress helped, unsurprisingly, by the ominous silence of the political allies of the two, who obviously are following the baton of the one who wields and disburses the funds and largesse they need for their districts and their own evolution? The conductor’s body language speaks volumes of the obsession to be the heir apparent of the leader of the present dispensation. The fall in the trust and approval ratings of PBBM is not his own doing. The spiraling of prices of almost all commodities, including oil and gasoline, is global. The Russia-Ukraine war, the China-Taiwan friction, the US-Russia cold war, the China-US increasing bilateral tension, and other conflicts involving other countries have affected the trade and commerce of the world, putting a monkey wrench on the best-laid plans and programs of those who run the business of the world. They contribute to the present dislocation in the world’s economy. While PBBM has envisioned a program of government that — as he puts it in his first State of the Nation Address — would bring to fruition the dream of the Filipino people to live comfortable lives under a regime of peace and orderly society, he cannot, however, do this alone. He needs competent, dynamic, creative, selfless, and honest co-government workers who will implement the plans he has laid down. Unfortunately, while there are members of his Cabinet and allies in Congress who are doing well in their respective domains quietly and efficiently, there are, however, not a few of them who either have lackluster performance or are dead woods whose incompetence and grandstanding derail his visions and frustrate the expectations of the people. PBBM has been dragged down by these dead weights, triggering this fall in the surveys. Vice President and Secretary of Education Inday Sara Duterte’s fall on the surveys presents a different dimension. Her competent handling of her department has brought dramatic changes in the public educational system. Not only has she quelled the irregular, inefficient, and corrupt practices in the education sector, but she has even initiated and launched activities protecting the safety and health of the students and public school teachers, even as she improves the quality of education. Her enormous popularity, however, has become a magnet for orchestrated and systematic false disinformation and untruthful narratives about her and her office. This early — those eyeing the presidency five years from now have sent demolition forces to tarnish her popular image and taint her unblemished reputation. Those who are gullible among those respondents in the surveys apparently have been misled or hoodwinked into believing the falsities thrown at her. On the other side of the coin, could this abrupt and sizable decrease in the approval and trust survey be a portent? Could it be a foreshadow of an oncoming political upheaval? Could it be a handwriting on the wall? Could it be a wake-up call? The post Survey drop, disinformation, or portent? appeared first on Daily Tribune......»»
Bayani Fernando, true public servant (2)
In a country where corruption in the government has become endemic, where many elected and appointed officials use their offices, their power, and their connections to amass wealth illegally, only a rare breed of men and women come out unscathed and untainted with dishonesty and illegal conduct while in office. There is a long list of public officials who have been prosecuted, convicted, and jailed for siphoning government coffers for themselves. Of course, there are those who escape prosecution and others who manage to get acquitted, even if they are guilty as hell. They flaunt their wealth, which was never there before they entered government service. Since government prosecutors could not show the courts the quantum of proof beyond a reasonable doubt required by law, these scoundrels go scot-free. These charlatans become the role models of those who want to follow their route and seek to emulate them by seeking public office, either by election or by appointment. Tragically, for this country, it is corruption that hinders its development and progress. It is the poison that kills the body politic, the disease that is worse than the pandemic, which devours the poor of their health, that destroys the source that will provide them their education as a tool to uplift their lives. It is the scourge that hampers the delivery of basic services. Not all, though, who enter government work are corrupted or influenced by the evil and profitable ways of the corrupt. There are a few who remain insulated from corruption, who are dedicated and fealty to their oath of office, and who serve the public instead of themselves. Bayani Fernando was one of those handful who maintained his honesty during his tenure as Mayor, Congressman, Secretary of Public Works, and Chairman of Metropolitan Manila Development Authority or MMDA. There was one political adversary of Bayani Fernando when he was Marikina Mayor, a former congressman of Marikina, long time deceased, who tried to tarnish his reputation by filing a graft complaint against him before the Office of the Ombudsman. This writer lawyered for him, and the Ombudsman dismissed the case as having no basis in fact and law. As Chairman of MMDA, he was also charged in 2016 with misuse of funds but was also exonerated. Apparently, the charges were politically motivated as he announced then that he was running for President. He eventually ran as Vice-President, but victory eluded him. The initiatives pursued by the late Bayani Fernando as a public servant produced results that benefited the people of Marikina and Metro Manila. His style of governance has been replicated by other mayors and succeeding chairmen of the MMDA. He was a role model in public service. His private life was exemplary, too. The only vice he indulged in, if it can be called one, was to spend his free time with his friends crooning every Tuesday night. He loved singing as his way of distressing himself and having clean fun with them. He and his wife Marides had only one daughter, Tala, who is married to Paul Ang, the son of business hotshot and mogul Ramon Ang of San Miguel Corporation. Bayani Fernando was a doting father to his unica hija Tala, but at the same time, he was a disciplinarian. Like all grandfathers, he was a spoiler. He loved his three grandchildren, all boys. They are his — and his wife Marides’ joy. When queried how Bayani Fernando was a husband, her wife blurted out: “Challenging!” accompanied by heart laughter. Certainly, all spouses who are married to public servants are confronted with the challenge of coping with their partners, seldom staying at home or coming home late. It’s good that former Marikina Mayor Marides Carlos-Fernando succeeded her husband for three terms as chief executive of Marikina, as she would understand the travails that every dedicated public servant goes through. His record as a public official speaks for itself. Bayani Fernando was a true public servant in the truest sense of the word. His legacy of public service lives on despite his departure from the physical plane. The post Bayani Fernando, true public servant (2) appeared first on Daily Tribune......»»
Fools in suits
When a ranking Department of Agriculture official was asked in a recent Congress hearing what steps the agency had taken to break the rice cartel, he replied that he did not believe that a “mafia” existed. Coming from a high DA official, the statement revealed that nothing was being done to stop the syndicate that everyone in the industry knows about since, to the authorities, it does not exist. In the reenacted Anti-Agricultural Smuggling Act of 2016, smuggling, hoarding, profiteering, and forming cartels for agricultural and fishery products are considered economic sabotage and are non-bailable offenses for which a long jail term could be meted out. The strengthened law, however, lacks strong teeth against government officials who are in cahoots or protect the syndicates. Contained in the proposed bill is a provision indicating that any government officer or employee found to be an accomplice in the commission of the crime will “suffer the additional penalties of perpetual disqualification from holding public office, exercising the right to vote, from participating in any public election, and forfeiture of employment monetary and financial benefits.” The bill is pending in both houses of Congress. With the slow grind of justice in the country, a public official looking for a fast buck will not hesitate to risk his job in exchange for a huge payback. The recent series of events showed the markets are being manipulated by the big players in the sugar, vegetable and rice businesses. These syndicates are known to be deeply entrenched due to their connections with government bigwigs who facilitate their domination of the markets either through edicts or the use of public resources. In the most ridiculous situation, the recent spike in onion prices was found to be artificial since farmers were even throwing away their harvests because of low farmgate prices, thus there was no reason for prices to surge. Later, it was exposed in a congressional hearing that a cartel had succeeded in manipulating the onion market to create a condition that would require its importation, from which its members would make a killing. The warehouse and storage facilities are controlled by the mafia which makes it easy to create artificial conditions to which the market reacts by raising retail prices. The ultimate goal is to coax the government to allow importation from suppliers in overseas markets that are also flooded with the commodity, The cartel rakes in profits from both the high markup and the kickbacks from the overseas suppliers desperate to sell their surplus. The woeful victims are the Filipino farmers whom the cartel boxes out of the market. In extreme cases, these farmers just throw away their harvest since they cannot afford to transport their products without the middlemen who are also in the pocket of the cartel. The same goes for the rice industry, where the market was manipulated for a different reason, which was to kill the rice tariffication law that kicked the National Food Authority out of the import business. Rice prices then surged to as high as P56 a kilo, which pushed President Ferdinand Marcos Jr. to impose price ceilings. The NFA used to have a monopoly on importation, but that resulted in acrimonious confrontations at the apex of government. The tariffication law, in turn, opened importation to all grain traders and relegated the NFA to buying rice from local farmers. Under the new anti-smuggling bill which has the endorsement of Mr. Marcos, an Anti-Agricultural Economic Sabotage Council headed by the President or his designated permanent representative will be formed. The proposed body will have the power to investigate and file charges, as well as freeze violators’ funds, properties, bank deposits, placements, trust accounts, assets and records. The creation of the body looks good on paper but in the real world, it might just add another layer of bureaucracy and source of corruption unless the cartel, which DA officials claim does not exist, is dismantled. Chief Presidential Legal Counsel Juan Ponce Enrile has a simple solution for breaking the cartel, which is for the government to confiscate all the rice overstock and let the owners of the warehouses prove that their huge inventory is legitimate. Such a move would prompt the traders to release more rice into the market to avoid confiscation. The imposition of the price cap on rice indicated that the prices are artificial since the markets are now selling at lower than the manipulated prices despite conditions being constant. An expected bumper harvest is also prompting the prices to go back to normal, after the attempt of the cartel to create a price shock to support their effort to return to the old ways. To know the real situation, President Marcos goes out of his way to see what is on the ground. His underlings, particularly at the Department of Agriculture, should do better. The post Fools in suits appeared first on Daily Tribune......»»
Anti-agricultural economic sabotage bill marked as urgent
President Ferdinand Marcos Jr. has certified as urgent a measure defining the crime of agricultural economic sabotage, providing penalties, and also creating an anti-agricultural economic sabotage council. The President approved Senate Bill No. 2432 as urgent earlier this week through a letter addressed to Senate President Juan Miguel Zubiri. In the letter to Zubiri, Marcos said there is a need to facilitate the passage of SB No. 2432, "especially now that the country is beset by rising prices and shortages in agricultural products, partly due to the nefarious acts of smuggling, hoarding, profiteering, and cartel." The bill repeals Republic Act No. 10845, or the Anti-Agricultural Smuggling Act of 2016, and seeks to promote the productivity of the agriculture sector and protect farmers and fisherfolk from unscrupulous traders and importers and ensure reasonable and affordable prices of agricultural and fishery products for consumers. The bill also imposes severe sanctions on the nefarious acts of smuggling, hoarding, profiteering, and cartel of agricultural and fishery products, including a penalty of life imprisonment and a fine thrice the value of the agricultural and fishery products subject of the crime as economic sabotage. Any government officer or employee found to be an accomplice in the commission of the crime shall "suffer the additional penalties of perpetual disqualification from holding public office, exercising the right to vote, from participating in any public election, and forfeiture of employment monetary and financial benefits," the bill read. When the offender is a juridical person, criminal liability shall be attached to all officers who participated in the decision that led to the commission of the crime, with a penalty of perpetual absolute disqualification to engage in any business involving importation, transportation, storage, and warehousing, and domestic trade of agricultural and fishery products. Government authorities also have the right to confiscate the agricultural and fishery products that are subject to the prohibited acts and the properties used in the commission of the crime of agricultural economic sabotage, such as, but not limited to, vehicles, vessels, aircraft, storage areas, warehouses, boxes, cases, trunks, and other containers of whatever character used as a receptacle of agricultural and fishery products. The proposed measure is among the expanded Common Legislative Agenda discussed during the 3rd LEDAC Meeting. The bill is now pending in the period of interpellations in the Senate, while a Technical Working Group is currently finalizing the version of the House of Representatives. The post Anti-agricultural economic sabotage bill marked as urgent appeared first on Daily Tribune......»»
Biden’s son Hunter to plead not guilty to gun charges
US President Joe Biden's son Hunter will plead not guilty to charges of illegally buying a gun when he was using drugs, his lawyer said Tuesday. Hunter Biden, 53, was charged last week with two counts of making false statements when claiming on forms required for a 2018 gun purchase that he was not using drugs illegally at the time. On Tuesday, Hunter Biden's lawyer, Abbe David Lowell, asked the judge presiding over the case in the eastern state of Delaware to hold the first court appearance by video conference instead of requiring his client to attend in person. Hunter Biden currently lives in California. "Mr. Biden understands both the charges against him and his rights... and we believe the Court can be assured of that fact by conducting this initial appearance by video," Lowell said in the letter to US Magistrate Judge Christopher Burke. "Mr. Biden also will enter a plea of not guilty, and there is no reason why he cannot utter those two words by video conference," Lowell said. "Mr. Biden is not seeking any special treatment in making this request," he added. "He has attended and will attend any proceedings in which his physical appearance is required." Hunter Biden is also facing a third charge, based on the same statements, that he illegally possessed the gun during an 11-day period in October 2018. If convicted on all three felony charges, he could face 25 years in prison, though in practice the offenses are seldom punished by any jail time. The indictment came two days after Republicans in Congress opened an impeachment probe against Joe Biden, a Democrat, alleging that when the elder Biden was vice president he benefited financially from his son's foreign business dealings. They alleged, without offering hard evidence, that while vice president in 2015-2016, Biden intervened to protect an allegedly corrupt Ukrainian energy company, Burisma, where Hunter Biden sat on the board. The gun charges against Hunter Biden were filed by Justice Department special counsel David Weiss, who has been investigating him since 2018 over various allegations, mostly related to his overseas business deals. A plea deal between Hunter Biden and Weiss, covering the gun charge as well as alleged tax violations, collapsed two months ago. Hunter Biden is a Yale-trained lawyer and lobbyist-turned-artist, but his life has been marred by alcoholism and crack cocaine addiction and his indictment has cast a shadow over his father's campaign for reelection next year. The post Biden’s son Hunter to plead not guilty to gun charges appeared first on Daily Tribune......»»
Biden’s son Hunter indicted on gun charges
US President Joe Biden's son Hunter was indicted Thursday for illegally buying a gun when he was using drugs, casting a new shadow over his father's campaign for reelection next year. Hunter Biden, 53, was charged with two counts of making false statements when claiming on forms required for the 2018 gun purchase that he was not using drugs illegally at the time. A third charge said that, based on the false statements, he illegally possessed the gun during an 11-day period in October that year. If convicted on all three felony charges, Biden could in theory face 25 years in prison, though in practice they are seldom punished by any jail time. In attesting that he was not an unlawful user of drugs when he bought the Colt Cobra revolver, Biden "knew that statement was false," the Justice Department said. The indictment came two days after Republicans in Congress opened an impeachment probe against Democrat Joe Biden, alleging that when he was vice president he benefitted financially from his son's foreign business dealings. The legal troubles of Hunter Biden present a target for political rivals of his father, who is bidding for a second term in the White House. Hunter is a Yale-trained lawyer and lobbyist-turned-artist, but his life has been marred by alcoholism and crack cocaine addiction. Without offering any evidence, Republicans have accused Biden's Justice Department of protecting his son and have accused Weiss, a Republican appointee, of going easy on Hunter. Representative James Comer, a Republican from Kentucky who will be leading the impeachment inquiry, welcomed the filing of the gun charges, calling it a "very small start." "Mountains of evidence reveals that Hunter Biden likely committed several felonies and Americans expect the Justice Department to apply the law equally," Comer said. Twice-impeached former president Donald Trump reacted on his Truth Social platform. "This, the gun charge, is the only crime that Hunter Biden committed that does not implicate Crooked Joe Biden," he said. - Plea deal collapsed - But a leading Democrat, Keisha Lance Bottoms, ex-mayor of Atlanta and a former senior adviser to Joe Biden, questioned why Hunter had been charged. "Can anyone tell me how many people have been federally indicted for purchasing a gun while dealing with substance abuse issues?" Bottoms said on X, formerly known as Twitter. "I don't know the answer, but in my over 29 years as an attorney, I have never heard of it." The gun charges were filed by Justice Department special counsel David Weiss, who has been investigating Hunter Biden since 2018 over various allegations, mostly related to his overseas business deals. Two months ago a plea deal between Biden and Weiss, covering the gun charge as well as alleged tax violations, went sour. Biden agreed to plead guilty in federal court in Delaware to two minor tax charges. In exchange he was offered probation, as he had already paid what he owed the government along with penalties. Weiss agreed to suspend the felony gun charge if Biden completed "pretrial diversion," which often involves counseling or rehabilitation. But in a dramatic July 26 hearing, the deal collapsed over whether Biden would have been immune from any other charges also investigated by Weiss, including possible crimes related to his business dealings in Ukraine, China and elsewhere. The judge mentioned the possibility that Biden could be charged as having acted as a lobbyist for foreign governments without registering with the Justice Department. Three weeks later, after the deal collapsed, Weiss dropped the tax charges and said an indictment on the gun charge would come by the end of September. As the 2024 election race swings into gear, Republicans in the House of Representatives on Tuesday formally opened an impeachment inquiry against President Biden. They alleged, without offering hard evidence, that while vice president in 2015-2016, Biden intervened to protect an allegedly corrupt Ukrainian energy company, Burisma, where Hunter Biden sat on the board. Republicans allege Joe Biden and his family reaped large sums for helping Burisma. The post Biden’s son Hunter indicted on gun charges appeared first on Daily Tribune......»»
UBS’s Credit Suisse takeover, ‘deal of the century’?
Did banking giant UBS make "the deal of the century" when it bought one of the world's biggest banks for a pittance as it teetered on the edge of the abyss? Switzerland's largest bank was in March strong-armed by Swiss authorities into a $3.25-billion takeover of Credit Suisse, to keep its closest domestic rival from going under. At the time, investors gasped at the risks UBS was taking on with the purchase. But by August, the bank said it would not need the billions in support offered by the Swiss government and central bank to offset any surprises that might pop up in its stricken rival's accounts. That must mean that Credit Suisse's situation was "much better than described in March", Thomas Aeschi, a member of parliament with the populist rightwing Swiss People's Party (SVP), wrote on X, formerly Twitter. UBS seemed to prove him right when it unveiled its second-quarter results on August 31. The bank posted a towering net profit of $29.2 billion for the three-month period, thanks to an exceptional gain due to the gulf between the amount paid for Credit Suisse and its book value. 'Godsend' "UBS has pulled off the deal of the century," Switzerland's Socialist Party said, maintaining the "rescue" was more of a "godsend", allowing it to snatch up a bank at a dramatically reduced rate. "If we had chosen another path, (like) a temporary or partial nationalization," said Samuel Bendahan, a Socialist MP and economics professor at the University of Lausanne, the Swiss state "would have taken on the risk, but those $29 billion would have gone to the population". Instead, the takeover has created "a monopolistic situation", he told AFP, warning that while this might strengthen UBS, it puts Switzerland in an extremely risky position if the new mega-bank were to one day face a crisis. Politicians are not the only ones taking issue with the takeover. Gisele Vlietstra, founder of the Swiss Investor Protection Association, told public broadcaster RTS that UBS's towering quarterly profit confirms that the "intrinsic value" of Credit Suisse was "far higher" than the purchase price. She said she hoped that the lawsuits brought by her association and others on behalf of thousands of Credit Suisse shareholders will help determine "the correct value" that they should be compensated. 'Nickel and dime' "UBS paid a nickel and dime" and "got rid of its main competitor" in one fell swoop, Carlo Lombardini, a lawyer and banking law professor at Lausanne University, told AFP. The coming restructuring will clearly carry risks, "but having paid just three billion, it can't go wrong", he said, slamming the option chosen by the Swiss authorities. Like UBS, Credit Suisse was listed among 30 international banks deemed too big to fail because of their importance in the global banking architecture. But the collapse of three US regional lenders in March left the firm looking like the next weakest link in the chain. The Swiss government feared Credit Suisse would have quickly defaulted and triggered a global crisis, shredding Switzerland's reputation for sound banking. But its chosen option for dealing with the issue was certainly a boon to UBS, which will now swell to manage $5 trillion of invested assets. Confidence 'evaporated' UBS chief Sergio Ermotti acknowledged in a recent interview with the SonntagsZeitung weekly that the bank had been "worried" about its competitor since 2016, and had among other things looked into the possibilities of buying it, for fear a foreign lender might snap it up. He acknowledged that Credit Suisse may have survived for a time if the central bank had injected more cash, "but it would not have been enough, since confidence had evaporated". Since the takeover announcement in March, UBS has seen its share price soar 31 percent. But the bank still faces significant challenges, Vontobel analyst Andreas Venditti told AFP. The $29 billion "is a huge one-off gain, but this is just accounting", he said, stressing that "the losses and costs will come later". The analyst, who a few months ago wondered in a note whether UBS had secured "the deal of the decade or a decade of headaches", stressed that "it's going to be a huge task". He said it would only become clear "whether it was worth it" after most of the restructuring is done three years down the line. Parts of the business are continuing to "produce huge losses", he said, warning "many things can still go wrong". Swissquote analyst Ipek Ozkardeskaya agreed, recalling that "UBS was forced" into the merger. Now it is up to the bank to "transform an 'obligation' to its advantage". The post UBS’s Credit Suisse takeover, ‘deal of the century’? appeared first on Daily Tribune......»»
Rolling Stones album of new songs out next month
The Rolling Stones will release their first album of new music in 18 years next month, lead singer Mick Jagger, fellow founding bandmate Keith Richards and bass guitarist Ronnie Wood announced Wednesday in London. The album, "Hackney Diamonds", is the first since the death of drummer Charlie Watts in 2019, and the first containing original material since 2005's "A Bigger Bang". "We didn't want to make just any record and put it out," Jagger, 80, told a launch event at the Hackney Empire theatre in east London, hosted by US talk show host Jimmy Fallon and livestreamed on YouTube. "I'm not saying we're big-headed about it but we're pleased with it and we hope you all like it," the octogenarian rocker said. The Stones' 24th studio album, set for release on October 20, has 12 tracks, with the single "Angry" the first to come out. Wood, 76, confirmed during the launch that superstar Lady Gaga features on another, "Sweet Sound of Heaven", adding she "sings really sweet" on it. Two of the tracks were recorded with Watts in 2019. The others feature Steve Jordan, whom Watts recommended to replace him. "Ever since Charlie's gone it's different," said 79-year-old guitarist Keith Richards of recording the new album without one of the band's founders. "He's number four, he's missing, he's up there. Of course he's missed incredibly." Already acclaimed "Hackney diamonds" is English slang for the shards of glass left scattered on the ground after smash-and-grab robberies, and refers to the historically working class east London neighbourhood. "It's like when you get your windscreen broken on a Saturday night in Hackney," Jagger joked. Throngs of people crowded outside the event venue, including those without tickets who came out of curiosity and hoping to spot the band. "I've been following the Stones since I was four years old and I'm from round here -- it's my backyard," said musician and fan Rory McGlinchey. "It's crazy that they're here!" Wearing a Rolling Stones t-shirt, he said the new release was "great news". "Can't wait," he told AFP. Critics have already hailed the release as the band's best work in many decades. Will Hodgkinson, rock and pop critic for Britain's The Times newspaper, said it is "unquestionably the best Stones album since 1978's 'Some Girls'". "Variously poignant, irreverent, anarchic and, in one gospel-tinged moment, quite spiritual, it touches on all the aspects we love about the band, glued together by the rambunctious energy they have made their own since the early Sixties," he wrote. The Daily Telegraph's music reviewer Neil McCormick said "Angry" was "their best single in four decades". The Stones also unveiled the single's typically rock'n'roll video. It sees the band playing from Los Angeles' billboards as scantily-dressed, leather-clad "Euphoria" actress Sydney Sweeney writhes to the soundtrack in the back of a convertible red Mercedes driving through the city. Teaser The Rolling Stones' last studio album was 2016's "Blue & Lonesome", which was made up of blues covers. "We've been very lazy," said Jagger. "We've been on the road most of the time." The band teased the release of the new album through a spoof advert in the local Hackney Gazette newspaper. The cryptic ad, which also appeared in sister title the Islington Gazette, referenced several of the band's best-known songs including "(I Can't Get No) Satisfaction", "Gimme Shelter" and "Shattered". The ad went on: "Opening our new store on Mare Street, September 2023. Our friendly team promises you satisfaction when you say gimme shelter we'll fix your shattered windows." Clues that the ad was not for a bona fide east London glass repair business included a miniature version of the band's famed lips logo to dot the letter i. The ad -- in the same font as the "Some Girls" album -- also says the firm was established in 1962, the same year the band was formed. Last year the Stones travelled through Europe for their 60th anniversary tour which featured stops in cities including Madrid, Milan and Munich, and also a performance at British Summer Time (BST) festival in London. Asked for the secret to their decades-spanning musical marriage, Jagger quipped: "not speaking too often". "How to say shut up politely," added Richards. The post Rolling Stones album of new songs out next month appeared first on Daily Tribune......»»
CHR to cooperate with ICC on drug probe
The Commission on Human Rights maintained a steadfast stance in its commitment to work with the International Criminal Court to probe the country's war on drugs on the watch of then-President Rodrigo Duterte. In the deliberations for the department's budget for 2024 before the House Committee on Appropriations, CHR Chairperson Richard Palpal-latoc assured lawmakers the agency would cooperate with the ICC by furnishing evidence it gathered in its past investigation. "As you may recall, the CHR has investigated extra-judicial killings in relation to the drug war before. And out of that investigation, the CHR has generated a report on EJK in relation to the drug war," Palpal-latoc said. The confirmation came following a question by Albay Rep. Edcel Lagman about the extent of cooperation the human rights watchdog intends to grant to the ICC as it previously declared that they are "willing to cooperate" into the drug war probe, which has resulted "in thousands of extra-judicial killings, particularly the impoverished and marginalized drug suspects." About 7,000 people were killed under Duterte's drug war, based on the government's data, the majority of whom were from low-income families. However, local and international human rights organizations estimate it exceeded 30,000. According to Palpal-latoc, they are willing to supply the ICC evidence that the CHR already gathered in the previous investigation. However, he stressed that since the agency has yet to learn the details of the case filed in the ICC, the parameters of their cooperation are unknown. This, however, did not sit well with Lagman, asserting that the CHR should have been aware of this matter, taking into account the accusation made openly and publicly. According to the veteran lawmaker, CHR's pronouncement of cooperation without initiating communication with the ICC was merely a "soundbite" and a "press release" for the media. "Why don't you know? It's an open and public accusation before the ICC against the culprits in this war on drugs. Do you have a copy of the accusation brought before the ICC by some affected victims and advocates?" Lagman said. "You are fully aware that the official position of the national government is not to cooperate with the ICC and that bold statement is, in fact, a challenge to that position," he added. Palpal-latoc, on the other hand, countered that the CHR is "not a party" to the ICC investigation. Nonetheless, the CHR chief said that they are willing to provide legal assistance to the victims of human rights violations as well as witness protection pursuant to their mandate. Calls were made to cease the ICC's probe into Duterte's "war on drugs" that claimed thousands of lives during his six years of power that started in 2016. Justice Secretary Boying Remulla maintained a firm stance that the country would not engage in the ICC, claiming that the Philippine government would not let the court interfere in the country's business. Senator Bato de la Rosa, who led Duterte's anti-drug campaign, locally known as "Oplan Tokhang" previously said that he is ready in case a warrant of arrest has been served, but only by Philippine authorities and not by any foreigner directed by the ICC. The former PNP chief and Vice President Sara Duterte were the Philippine officials mentioned in the ICC prosecutor's report on the killings. The post CHR to cooperate with ICC on drug probe appeared first on Daily Tribune......»»
Digitizing a must — Concepcion
Honing and making micro, small and medium enterprises fully engrossed with digitization is now a must for every country in the ASEAN Region to fully realize the expanding opportunities presented by digital transformation, according to ASEAN-Business Advisory Council Philippines chairperson Joey Concepcion. “The power of digitalization is there; we just have to use it. It’s time that we really focus on the objective of greater prosperity, especially for those at the bottom of the pyramid, using whatever tools we have,” Concepcion said during a panel discussion on ASEAN’s Digital Powerhouse at the Nexus of Connectivity and Transformation in Jakarta, Indonesia on Sunday. “We must enable MSMEs to use digitalization to their advantage. Digital growth is seen to boost cross-border e-commerce by providing MSMEs with access to new markets and is hoped to promote financial inclusion to underserved populations,” he added. Further, Concepcion noted that although the rapid growth of digital adoption in the ASEAN bodes well for the region’s economies, its growth must be inclusive, with MSMEs being crucial to sustainable growth, to fully realize the expanding opportunities presented by digital transformation. “All of these tools are important to uplift the lives of our people. That’s why we are here: how do we solve big problems, especially for those who are at the bottom of the pyramid,” he said, pointing out that four of the 10 countries in the ASEAN have nearly a fifth of their populations still living in poverty. Region’s biggest tech players The session gathered some of the region’s biggest technology players, as well as key stakeholders from leading multinational companies, global financial institutions, and government organizations. The session delved into the development of strategic policies — including financial technology, e-trade, and cross-border trade facilitation. “The power of digital has to be used. The crisis pushed people to use these tools and this is one of the reasons we in the ASEAN BAC Philippines proposed to sign an MoU with each ASEAN country to focus on sectors that will bring development, specifically agriculture and MSMEs,” he said. He also pointed out that digitalization will stand to benefit even the one-man businesses — also known as nanopreneurs — who now have a better chance at succeeding because they have access to marketing tools and digital payment solutions. “We are the big brothers. Unless we embrace the MSMEs in our value chain this is going to take a long time. That is our mission as ASEAN BAC heads, to see to it that greater prosperity is achieved,” he said. Private sector feedback The ASEAN BAC was organized to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration. It was said in the discussion that ASEAN has emerged as the world’s fastest-growing Internet market, with a 40 percent annual growth in the value of e-commerce between 2016 and 2021. Further, it is set to become the world’s fastest-growing digital market driven by a growing consumer market and the rapid adoption of social commerce platforms by its population. “This growth must be inclusive to unlock the benefits. It must be used to enable MSMEs,” he said. Phl case cited Concepcion cited the Philippines case as an example of how digital technology has helped MSMEs compete with big corporations and gave birth to a thriving digital economy that was further hastened by the pandemic lockdowns. Aside from Concepcion, other speakers in the session were Sam Myers, deputy trade commissioner for Asia Pacific (Southeast Asia) at the UK Department for Business and Trade; Haslina Taib, CEO of Dynamic Technologies; Yuem Kuan Moon, CEO of Singtel; and Kok Ping Soon, CEO of Singapore Business Federation. Bank of Indonesia Governor Dr. Perry Warijjyo, Temasek Holdings CEO Dilhan Pillay Sandrasegara; and Japan External Trade Organization Chairman Ishiguro Norihiko delivered keynote remarks, while ASEAN-BAC Indonesia Policy Manager for Digital Transformation Yohanes Lukiman gave a policy presentation. The post Digitizing a must — Concepcion appeared first on Daily Tribune......»»
Political will test
The rice cartel causing the price problems will fall only one way, which is by applying political will, since it has been proven, not once, that the manipulators are well known to the authorities. In the previous administration, former President Rodrigo Duterte even had the phone numbers of the scalawags to periodically warn them. In a National Security Council meeting, for instance, Duterte called up someone who received the worst scolding ever heard from the president. The person on the other end was the supposed head of the Manila rice cartel who dictated the prices and supply of the staple grain. Duterte then directed the National Bureau of Investigation and the Criminal Investigation and Detection Group to go after the members of the syndicate, but until today neither agency has produced a single arrest. In one of his State of the Nation Addresses, Duterte indicated that it was not a secret who the members of the rice mafia were. “I now ask all the rice hoarders, cartels and their protectors, you know that I know who you are: stop messing with the people,” Duterte said. Other instances that proved the government knew the identities of their supposed prey were the several congressional probes where specific mention was made of the names of the rice gang. The Senate committee on agriculture had established the existence of the cartel and its intrusion into the National Food Authority but nothing happened after the inquiry. Some 13 trading firms were identified as dominating the rice business in Metro Manila. The panel said the firms hoarded rice from the NFA and mixed it with other rice varieties before these were resold. An instance that indicted the government as being in collusion with the cartel was during the tenure of the detained Leila de Lima as justice secretary, in the investigation of ringleader David Tan alias Davidson Bangayan. Bangayan and his cohorts were accused of establishing a scheme to recruit rice farmers and organize them “to acquire substantial importation allocations.” In 2014, the Senate initiated a probe into rice smuggling and the existence of a grains cartel that focused on Bangayan whose operations were based in Mindanao. Before the 2016 polls, De Lima, who was gunning for a Senate seat, returned the smuggling case against Bangayan to the NBI for further case buildup. De Lima’s excuse was that the NBI needed to gather more evidence against Bangayan. “We have to make sure it meets the probable cause threshold. When we evaluated Bangayan’s case, it was still not enough,” she said when asked about her actions. Most officials, businessmen and even rice retailers in Mindanao knew who the rice smuggling king was, yet De Lima said the NBI needed to prove his identity. Bangayan then was very confident about not being charged as he appeared at the Senate hearing, which even resulted in an overnight detention as he was being elusive in responding to the senators’ questions. The National Bureau of Investigation, an agency under the Department of Justice, ordered Bangayan’s arrest only after evidence in a libel case obtained by then Senate minority leader Juan Ponce Enrile was presented before the Senate committee on agriculture. The case was against businessman Jess Arranza in which Bangayan admitted that he was David Tan. Before Bangayan’s appearance in the Senate, he had met with De Lima to deny that he was Tan. His first NBI arrest papers even bore the clarification, “Davidson Bangayan who is not David Tan,” even though many in the business community were willing to testify that Bangayan was David Tan. Duterte, then Davao City mayor, was among those who vouched that Bangayan and Tan were the same person. Still, the NBI released Bangayan on the absurd reason that it could not establish his identity. An infuriated Duterte then demanded the resignation of De Lima as justice secretary for releasing Bangayan. The charade continued as Bangayan was rearrested on the ridiculous charge of electricity pilferage. It was the height of absurdity since it meant that Meralco was able to positively identify Bangayan which the NBI failed to do. The perpetual zarzuela of government vowing to run after the rice cartel when prices kick up will have to stop — which will happen only when the members of the rice mafia are prosecuted. The post Political will test appeared first on Daily Tribune......»»
Annyeonghaseyo, Philippines! Manila to host Asia Artist Awards 2023
Get ready to say “Annyeonghaseyo” as the Philippines prepares to host the prestigious Asia Artist Awards on 14 December at the Philippine Arena. Organized by Money Today, StarNews and MTN, the Asia Artist Awards have honored outstanding accomplishments in the entertainment sector every year since 2016. The awards have traveled to South Korea, Vietnam and Japan, and the eighth edition is about to make its debut in the Philippines. Hallyu fans all over the nation are in for a treat as Asian stars converge for this vibrant celebration. The event will be orchestrated by the AAA organizing committee, TONZ Entertainment and PULP Live World. Happee Sy-Go of PULP Live World confirmed the exciting development on her social media platform and expressed appreciation for PULP’s selection as the Philippine partner to host this year’s awards. The event serves as a tribute to Asian artists working in music, television and film, with a focus on South Korean idols in particular. Prizes like the Grand Prize, Asia Celebrity, Idol Plus Popularity Award and Rookie of the Year will be given to the best in the business. Famous Korean idol groups, musicians and actors have graced the awards’ stage to accept accolades, host segments and give dazzling performances. Last year’s star-studded event saw NewJeans, SEVENTEEN, TREASURE, IVE, Han Sohee, Bona, Lee Jae Wook and many more. Legendary performers like BTS, SEVENTEEN, Lim Young-woong, TWICE and Kang Daniel are on the list of musicians who’ve been feted at the awards, along with international artists such as MAX and Anne-Marie, who won the Best Pop Artist Award in 2020. The Philippine Arena has a 50,000-seating capacity, so the Asian Artist Awards evening will certainly be a monumental event celebrating Asian heritage — all set to unfold right here in the Philippines. The post Annyeonghaseyo, Philippines! Manila to host Asia Artist Awards 2023 appeared first on Daily Tribune......»»
China’s Huawei renews patent licensing deal with Ericsson
Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing. Huawei has been at the center of an intense technological rivalry between China and the United States, which suspects the company of spying for Beijing -- accusations Huawei denies. US sanctions on Huawei since 2019 have cut off the firm from global supply chains for American components and hobbled its smartphone arm, forcing it to pivot towards other forms of growth. Washington has also pressured its allies to ban the use of Huawei gear in their 5G telecoms networks, arguing that Beijing could use the equipment to spy on other countries' communications and data traffic. Despite those tensions, Huawei and Ericsson -- based in Stockholm -- have signed a "long-term" global agreement to license each other's patents, the Chinese company said in a statement Friday. The deal covers patents essential to 3G, 4G, and 5G cellular technologies as well as both companies' "respective sales of network infrastructure and consumer devices", Huawei said. The company's intellectual property chief, Alan Fan, said the agreement "demonstrates the commitment both parties have forged that intellectual property should be properly respected and protected". "Our commitment to sharing leading technological innovations will drive healthy, sustainable industry development and provide consumers with more robust products and services," he said. The previous agreement between Huawei and Ericsson was signed in 2016. Back then, Huawei was an insurgent force in the global technology sector with an eye on dethroning Apple and Samsung as the world's top sellers of smartphones. It briefly grabbed that title in 2020 but US sanctions have since clipped its wings and forced Huawei into a strategic refocus on software, connected devices, business computing, smart vehicles, and other sectors. Despite being sidelined from American technologies, Huawei could begin producing its own chips for 5G phones this year, according to media reports about which the company has refused to comment. The post China’s Huawei renews patent licensing deal with Ericsson appeared first on Daily Tribune......»»
Irony of corruption
Corruption has become so pervasive and brazen. Masusuka ka na (you would puke),” moaned the mayor of Dumaguete City, Felipe Remollo, at the convening Thursday of a coalition of over a hundred chiefs of local government units calling for good governance and an end to corruption at all levels of government starting within their own turfs. The coalition was sparked by Baguio City Mayor Benjamin Magalong, a former Philippine National Police official who, in a virtual speech delivered during a PNP flag-raising ceremony last July, said he was “shocked” by the gargantuan increase in the country’s national debt to nearly P14 trillion. Said Magalong: “When President Duterte started his administration, our national debt was at P5.7 trillion, accumulated over the past decades. In just seven years, our national debt increased by 142 percent; we’re now at P13.86 trillion (actually P14.10 trillion, as reported by the Bureau of the Treasury in May 2023).” He quoted then-NEDA Secretary Karl Chua as saying that the country’s ability to pay the national debt is dependent on “‘our ability to manage financial leakages.’ And so I ask, ano ba yung financial leakages (what are financial leakages)? And Sec. Chua replied, ‘ang financial leakage na sinasabi ko (that I’m telling you), a big chunk of that is attributed to corruption.’” Beyond shock, he said he was also alarmed that none of the members of Congress then and now seemed to be concerned enough to “raise hell” about the country’s tremendously rising national debt. Interviewed over local television, he said he had spoken with contractors whom he asked, “Assuming I take cuts from infrastructure projects, how much will my take be? Their answer? From 10 percent to as much as 20, 25 percent — it’s up to the mayors and lawmakers to decide how much.” Bids and awards committee members, among others, also receive commissions, thus only about 45-50 percent is left for the contractor to do the project, he learned. If the project is worth, say P100, they’ll settle for from P42.50 to P55, including their profit, so they’ll have no choice but to make sub-standard projects. Having spent 38 years of exemplary service in the Philippine National Police, retired in 2016 as Deputy Chief of Operations with a total of 166 medals to his name, including the Distinguished Conduct Star, Distinguished Service Star, and PNP Gold Cross for combat and law enforcement achievements, he said: “We in the uniformed service are willing to give up a reasonable percentage of our pension to help the national government address this huge deficit, to address this big national debt; but we have yet to hear from our legislators that they too are willing to give up their pork barrel. Let’s wait and see what our brave legislators have to say.” In the interest of objectivity, it should be said here that Baguio, in two instances, was the subject of a Commission on Audit flag-down. One instance involved Magalong’s admission that rules were eased by City Hall in the purchase of food for city residents and disinfectant at the height of the Luzon lockdown during the Covid-19 pandemic in 2021. He said, however, that all the lockdown expenses were properly accounted for. CoA likewise flagged the city government on allegations that it had diversified funds to complete an infrastructure project. City Administrator Bonifacio Dela Peña maintained that the local government used the DPWH fund for its intended purpose, explaining that city hall only had a P341-million budget for a Convergence Center and it needed P50 million more to complete the project. “The word ‘misuse’ is not true. The fund was well-audited and it went to where it was allotted,” said Dela Peña. It is heartening to see that a cry in the wilderness sparks action among mayors. Theirs is a cause worthy of support by all sectors, including business and the citizenry, and we wish them all the luck in what is certain to be “an uphill climb” of sincerity and political will. The post Irony of corruption appeared first on Daily Tribune......»»
NCC hailed as model Smart City
With its best practices centered on improving its future residents’ health and well-being, and promoting smart city features, New Clark City, or NCC, was recently hailed by SCI-Japan, a private sector-led, non-profit organization founded by think tank Mitsubishi UFJ Research & Consulting as a model Smart City. Aside from SCI-Japan, media organization Nikkei, in a forum dubbed “Challenge of Japan’s Smart City Initiative Improving Citizen’s Well-being” cited New Clark City for introducing some of the best practices by utilizing well-being indicators for policy design toward sustainable smart city business. “This forum’s key element is how smart cities should be people-centric, which is at the core of the development concept of New Clark City, making it a model on how cities of the future across the world should be planned and developed,” said Hideki Okada, executive director of Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development. A model for future cities From accelerating smart utilities and sustainable infrastructure to conserving biodiversity, Okada highlighted in his presentation what makes New Clark City development a model for future cities. “Since 2016, JOIN, together with our integral partners BCDA and Surbana Jurong, has been involved in the development of New Clark City into a sustainable metropolis for all. And with this forum, we hope to propel more collaborations with the BCDA in the development not just of New Clark City, but the whole of Clark,” Okada added. In 2018, the Bases Conversion and Development Authority JOIN tapped Surbana Jurong of Singapore for the development of New Clark City. Surbana Jurong has been helping BCDA and JOIN with the detailed design standards and guidelines for New Clark City, which includes its detailed urban and infrastructure design and the Public-Private Partnership framework for the provision of utility services such as water and power. For BCDA President and chief executive officer engineer Joshua Bingcang, the state-run organization is putting the well-being and quality of life at the heart of the development of New Clark City. Rising metropolis He added that BCDA is ensuring that the rising metropolis will improve the quality of life of its citizens by utilizing digital technologies and partnering with global experts in creating smart city solutions. “Our vision for the Philippines’ model for sustainable and inclusive cities, New Clark City in Tarlac, will not be possible without JOIN. Along with other global experts, JOIN helped us with the creation of the master plan for New Clark City,” Bingcang said in a video message. Strict open green space Following global standards, New Clark City instituted a strict open green space to the buildable ratio of 60:40, where 60 percent of the area is green, while the remaining 40 percent is buildable. BCDA also makes sure all of the utilities in New Clark City are prescribed to be green and sustainable. In February 2023, BCDA and the New Energy and Industrial Technology Development Organization of Japan inked a memorandum of understanding for a three-year demonstration project on smart mobility solutions to be implemented in New Clark City and Clark. This will be executed by a group nominated by NEDO, led by Zenmov Inc., a Japan-based information technology solutions provider specializing in the transportation sector, to measure and verify the effectiveness of a transport service system that operates via a cloud-based technology platform. Under the New Clark City master plan, 1.2 million people will live sustainably and inclusively in the metropolis, while the projected employment is over 600,000 workers. The post NCC hailed as model Smart City appeared first on Daily Tribune......»»
Giuliani: ‘America’s Mayor’ threatened by anti-Mafia law he spearheaded
Forty years ago, Rudy Giuliani was the fearless Mafia-busting prosecutor whose aggressive use of racketeering laws brought down New York's Five Families. On Tuesday, he was fighting for his own freedom after being ensnared by the very legal strategy he had pioneered. The man once feted as "America's Mayor" for steering the US financial hub through the horror of the 11 September 2001 attacks has experienced a stunning fall from grace. Charged with 13 felonies over the help he is alleged to have given his client and longtime friend Donald Trump in trying to subvert the 2020 presidential election, the attorney is threatened with years behind bars as his 80th birthday approaches. "It's just the next chapter in a book of lies with the purpose of framing President Donald Trump and anyone willing to take on the ruling regime," Giuliani said on X, formerly known as Twitter, after he was charged Monday. It was a typically bombastic response from the 107th mayor of New York City, who played a starring role in Trump's post-election push to cling to power through an allegedly criminal campaign of lies about voter fraud. Giuliani was charged Monday under Georgia's Racketeering Influenced and Corrupt Practices (RICO) statute, the plaudits he once earned squandered in a series of increasingly bizarre media appearances around the 2020 election. He is one of 18 co-defendants charged alongside Trump. 'Person of the Year' They included an unwitting cameo in a Sacha Baron Cohen movie in which Giuliani was filmed lying on a hotel bed with his hands down his pants and a post-election press conference held outside a landscaping business surrounded by a crematorium and a sex shop. At another press event, Giuliani and his allies claimed mass voter fraud without a shred of evidence as hair dye streamed in dark rivulets down the attorney's cheeks. Born in an Italian American enclave of Brooklyn on 28 May 1944, Rudolph William Louis Giuliani made his name in his 40s as a pioneering US attorney for Manhattan, using RICO to bring down the high command of the New York mob. Giuliani captured the New York mayorship in 1993 and gained national prominence in the wake of the 9/11 attacks by helping salve the shocked city's soul, earning Time Magazine's prestigious "Person of the Year" honor. "We've undergone tremendous losses, and we're going to grieve for them horribly, but New York is going to be here tomorrow morning, and it's going to be here forever," he declared. The Republican suffered his first big setback in 2008 with a disastrous bid for the White House and appeared adrift until Trump eventually brought him back into the fold. Gaffes and walk-backs After Trump was elected, he appointed Giuliani to fight a federal probe into the campaign's extensive ties to Russia, and the lawyer became a constant TV presence. But gaffes and walk-backs were as much a feature of Giuliani's lawyering as his spirited talk show diatribes -- and he led Trump into trouble as often as steering him away. Never the most reliable spokesman, Giuliani proved susceptible to seemingly unforced admissions -- contradicting Trump's denials over hush money payments to a porn star and his pursuit of a business deal in Moscow before the 2016 election. But the effort to reverse Trump's clear election loss in 2020 appears, in the end, to have sealed Giuliani's downfall. One by one, his post-election court challenges were withdrawn or dismissed as groundless. Giuliani's license to practice has been suspended in New York over his "demonstrably false" claims of a stolen election and the Bar in the nation's capital is considering disbarring him. Long before attracting the attention of a legal system that once basked in his reflected glory, Giuliani acknowledged that representing Trump could end up being his legacy. "I am afraid it will be on my gravestone. 'Rudy Giuliani: He lied for Trump,'" he told The New Yorker in 2019. "If it is, so what do I care? I'll be dead. I figure I can explain it to St. Peter." The post Giuliani: ‘America’s Mayor’ threatened by anti-Mafia law he spearheaded appeared first on Daily Tribune......»»
Tobacco on list of agri products in proposed economic sabotage law, says Villar
Senator Cynthia Villar assured that tobacco is included in the list of agricultural products covered by her proposed Anti-Agricultural Economic Sabotage Act of 2023. She said the proposed measure would amend the Anti-Agricultural Smuggling Act to include hoarding, profiteering, and a cartel of agricultural products as "economic sabotage." “Tobacco will be included in the agricultural products covered by this law,” Villar, who is chairperson of the Senate Agriculture and Food Committee, made the assurance during the International Tobacco Agricultural Summit held at Shangri-La Hotel in Taguig City on Thursday, where she was the guest speaker. Citing a report from the National Tobacco Administration, Villar noted that the tobacco industry contributes to employment and revenue generation in the country, supporting around 2.2 million Filipinos directly or indirectly. The lawmaker added that tobacco has contributed nearly P16 billion to the country's gross domestic product in 2021. The Oxford Business Group's Economic Impact Report showed that tobacco cultivation was present in 23 provinces across 12 regions in the Philippines, with the Ilocos Region being the top producer at 69 percent, followed by Cagayan Valley at 23 percent, and Northern Mindanao ranking third, as of April 2022. Villar underscored the industry's significance to rural economies is highlighted by a 47.8 percent increase in the area planted for tobacco between 2019 and 2022. Since 2013, she said the implementation of sin taxes for tobacco and alcohol, resulted in additional funds for the national health budget, including Universal Health Care. The sin tax revenue, primarily from tobacco collections (mainly cigarettes), accounted for 58 percent of all sin tax collections and comprised 54 percent of the health budget in 2020. "Tobacco-producing provinces receive shares from tax collected to be used in funding livelihood programs, infrastructure projects, and promote economically viable alternative agricultural products for the farmers," she said. However, Villar noted that tobacco—like any other agricultural product— is not spared from criminal activities like smuggling and tax evasion. Such crimes, she said, undermine the livelihood of farmers by "saturating the market with cheap, adulterated, and untaxed products.” The Bureau of Customs earlier reported an estimated P3 billion loss in excise taxes from illicit cigarette operations between 2019 and 2022. As reported by Euromonitor, the incidence of illicit cigarette trade is projected to increase from 12.2 percent in 2020 to 18.5 percent in 2023. “This illicit competition leads to reduced prices and demand for locally grown tobacco, resulting in income loss among our farmers,” she lamented. Villar recalled the Anti-Agricultural Smuggling Act was passed in 2016, unfortunately, not a single smuggler has been imprisoned since then. Thus, seeking to amend the law will further strengthen policies and punishments against smuggling acts. The post Tobacco on list of agri products in proposed economic sabotage law, says Villar appeared first on Daily Tribune......»»