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DA allows milk imports from Thailand, Russia, South Korea, Libya
Agriculture Secretary Francisco Tiu Laurel Jr. has allowed the importation of milk and milk products from Thailand, Russia, South Korea and Libya after he had previously ordered a ban on the entry of live cattle and buffalo from the four countries amid the threat of lumpy skin disease......»»
All PUVs allowed to renew registration – LTO
The Land Transportation Office said that all public utility vehicles would be allowed to renew their registration amid the consolidation deadline extension ordered by President Marcos......»»
Malls to stay open until 11 pm starting 13 November to ease holiday traffic
The Metropolitan Manila Development Authority met with mall operators and other stakeholders on 25 October to discuss traffic management plans in preparation for the approaching holiday season. In a meeting led by MMDA Deputy Chairman Undersecretary Frisco San Juan Jr. and Traffic Discipline Office Director for Enforcement Atty. Victor Nuñez, shopping mall operators agreed to adjust their business hours starting 13 November, Monday, from 11 am to 11 pm, as one of the measures to address the expected traffic problems in the metropolis. "Due to the expected heavier traffic, we have decided to implement contingency measures," San Juan said. “Mall-wide sales will only be allowed during weekends while deliveries will only be permitted from 11 pm to 5 am, with the exception of perishable goods restaurants serving breakfast, and supermarkets.” Mall operators were also asked to submit their respective traffic management plans for their mall sales and promotional events two weeks before the scheduled date of such events. Shopping malls with government satellite offices are also allowed to open as early as 9 a.m. As part of the agency's traffic management plan this Christmas season, the duty of the traffic enforcers will be extended until 12 midnight to maximize their visibility on major roads. "We will deploy traffic enforcers until midnight every day to assist and manage the traffic flow in Metro Manila,” said San Juan Jr. The MMDA will be working with the Department of Transportation to discuss possible extensions of the public transport system's operating hours to accommodate late-night commuters and mall employees. Also, the MMDA and representatives from the Department of Public Works and Highways and other concerned offices including the engineering district offices, local government units, utility companies and contractors, also met to discuss the temporary suspension of excavation activities on all Metro Manila roadways. All excavation works that will cause obstruction or will affect the smooth flow of traffic shall be temporarily suspended effective midnight of 13 November 2023 until midnight of 8 January 2024. Projects that are not covered by the moratorium: Flagship projects of the government DPWH bridge repair/construction flood interceptor catchment projects (box culvert) Asphalt overlay projects without re-blocking works Sidewalk improvement Drainage improvement projects along the sidewalk and not occupying any part of the roadway footbridge projects Emergency leak repair or breakage of water lines by Manila Water Co. and Maynilad Water Service Inc. New water service connection or electrical service connections Road activities without excavation (traffic clearance only) Meralco relocation/emergency works affecting major projects of government All concerned agencies are advised to take appropriate measures and ensure that all affected roads will remain passable, safe and serviceable to all types of vehicles and pedestrians amid the anticipated increase of vehicles on the roads. The post Malls to stay open until 11 pm starting 13 November to ease holiday traffic appeared first on Daily Tribune......»»
Meta quarterly profit jumps but it sees volatility in ad market
Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure as it looks ahead at a volatile ad market and lawsuits accusing it of profiting from "children's pain." "Meta earnings looked pretty good," said independent tech analyst Rob Enderle. "They have clearly cut back on the bleeding surrounding their metaverse efforts and the company appears to be on a more even keel right now." The tech giant said it made a profit of $11.6 billion as ad revenue climbed 23 percent to $34 billion when compared to the same period a year earlier. "We had a good quarter for our community and business," said Meta chief executive Mark Zuckerberg. The number of people using Facebook monthly rose slightly to 3.05 billion in a year-over-year comparison while monthly active users of Meta's "family" of apps was 3.96 billion a 7 percent increase from the same quarter in 2022, the company reported. Meta said it had trimmed costs, with layoffs and other belt-tightening measures started last year providing "greater efficiency." Meta had suffered a rough 2022 amid a souring economic climate and Apple's data privacy changes, which allowed users to block ad targeting, the pillar of Meta's business. Meta's vow of austerity on spending brought an unprecedented round of cost-cutting that saw the company lay off tens of thousands of workers since last November. Meta shares, which closed the formal trading day down, fell more than three percent further in after-hours trades to $289.50. Chief financial officer Susan Li said during an earnings call that Meta is seeing "volatility" in an ad market that started to soften when the conflict between Israel and Hamas began. "It's hard for us to attribute demand softness directly to any specific geopolitical event," Li said. "We have seen broader demand softness follow other regional conflicts in the past, such as in the Ukraine war, so this is something that we're continuing to monitor." Lawsuit peril Analyst Enderle maintained that Meta is at risk from lawsuits poised to damage its image and its wallet. Dozens of US states this week accused Meta of profiting "from children's pain," damaging their mental health and misleading people about the safety of its platforms. "In seeking to maximize its financial gains, Meta has repeatedly misled the public about the substantial dangers of its Social Media Platforms," argued a joint lawsuit filed in federal court in California. The states accused Meta of exploiting young users by creating a business model designed to maximize time they spend on the platform despite harm to their health. In total more than 40 states are suing Meta, though some opted to file in local courts rather than join in the federal case. Meta said the states were singling it out unfairly instead of working with social media companies to develop universal standards for the whole industry. "This landmark lawsuit could herald a seismic shift in how social media platforms approach product features and user engagement," said Insider Intelligence principal analyst Jeremy Goldman. "That said, even as tech stocks face uncertainty, Meta's consistent performance cements its leadership in the digital realm." Meanwhile, the European Union is seeking details on measures Meta has taken to stop the spread of "illegal content and disinformation" in light of the conflict between Israel and Hamas. The AI race The tech giant is putting artificial intelligence into digital assistants and smart glasses as it seeks to gain lost ground in the AI race. "I'm proud of the work our teams have done to advance AI and mixed reality with the launch of Quest 3, Ray-Ban Meta smart glasses, and our AI studio," Zuckerberg said in the earnings release. The second-generation Meta Ray-Ban smart glasses made in a partnership with EssilorLuxottica have a starting price of $299. "Smart glasses are the ideal form factor for you to let AI assistants see what you're seeing and hear what you're hearing," Zuckerberg said. Meta has taken a more cautious approach than its rivals Microsoft, OpenAI, and Google to push out AI products, prioritizing small steps and making its in-house models available to developers and researchers. "The majority of the world's population will have their first experience of generative artificial intelligence with us," Meta chief technology officer Andrew "Boz" Bosworth told AFP in a recent interview. Meta recently unveiled AI-infused chatbots with personalities, along with tools for creating images or written content using spoken prompts. The post Meta quarterly profit jumps but it sees volatility in ad market appeared first on Daily Tribune......»»
‘Stop, stop!’ Pope Francis urges over Hamas-Israel conflict
Pope Francis pleaded Sunday for an end to the Hamas-Israeli conflict amid fears it could widen, and called for more humanitarian aid to be allowed into to the Gaza Strip. "War is always a defeat, it is a destruction of human fraternity. Brothers, stop! Stop!" Francis said after his traditional Angelus prayer in Rome's Saint Peter's Square. "I renew my call for spaces to be opened, for humanitarian aid to continue to arrive and for hostages to be freed," the 86-year-old pontiff said. Hamas militants stormed into Israel from the Gaza Strip on October 7, killing at least 1,400 people. Israel's retaliatory bombing campaign has killed more than 4,300 Palestinians, mainly civilians, according to the Hamas-run health ministry, and reduced swathes of densely populated Gaza to smoldering ruins. Alarm has grown about a humanitarian crisis in Gaza, where Israel has cut off water, food and power. A first trickle of aid entered the besieged Strip on Saturday, but UN officials said the 20 trucks permitted to cross were not enough given the "catastrophic" humanitarian situation for 2.4 million people. Two US hostages were released Friday but over 200 people abducted by the militants are still being held. ide/js © Agence France-Presse The post ‘Stop, stop!’ Pope Francis urges over Hamas-Israel conflict appeared first on Daily Tribune......»»
First relief convoy enters Gaza devastated by ‘nightmare’ war
The first aid trucks arrived in war-torn Gaza from Egypt on Saturday, bringing urgent humanitarian relief to the Hamas-controlled Palestinian enclave suffering what the UN chief labelled a "godawful nightmare". Israel has vowed to destroy Hamas after the Islamist militant group carried out the deadliest attack in the country's history on October 7. Hamas militants killed at least 1,400 people, mostly civilians who were shot, mutilated or burnt to death, and took more than 200 hostages, according to Israeli officials. Israel has retaliated with a relentless bombing campaign on Gaza that has killed more than 4,300 Palestinians, mainly civilians, according to the Hamas-run health ministry. An Israeli siege has cut food, water, electricity and fuel supplies to the densely populated and long-blockaded territory of 2.4 million people, sparking fears of a humanitarian catastrophe. AFP journalists on Saturday saw 20 trucks from the Egyptian Red Crescent, which is responsible for delivering aid from various UN agencies, pass through the Rafah border crossing from Egypt into Gaza. The crossing -- the only one into Gaza not controlled by Israel -- closed again after the trucks passed. The lorries had been waiting for days on the Egyptian side after Israel agreed to a request from its main ally the United States to allow aid to enter. UN chief Antonio Guterres warned Friday that the relief supplies were "the difference between life and death" for many Gazans, more than one million of whom have been displaced. "Much more" aid needs to be sent, he told a peace summit in Egypt on Saturday. US Secretary of State Antony Blinken welcomed the aid and urged "all parties" to keep the Rafah crossing open. But a Hamas spokesman said "even dozens" of such convoys could not meet Gaza's needs, especially as no fuel was being allowed in to help distribute the supplies to those in need. 'Reeling in pain' Tens of thousands of Israeli troops have deployed to the Gaza border ahead of an expected ground offensive that officials have pledged will begin "soon". As international tensions soar, Egyptian President Abdel Fattah al-Sisi was hosting a peace summit in Cairo on Saturday attended by regional and some Western leaders. "The time has come for action to end this godawful nightmare," Guterres told the summit, calling for a "humanitarian ceasefire". The region "is reeling in pain and one step from the precipice", he said. Guterres said "the grievances of the Palestinian people are legitimate and long" after "56 years of occupation with no end in sight". But he stressed that "nothing can justify the reprehensible assault by Hamas that terrorised Israeli civilians". "Those abhorrent attacks can never justify the collective punishment of the Palestinian people," he added. Egypt, historically a key mediator between Hamas and Israel, has urged "restraint" and the relaunch of the long-frozen peace process. But diplomatic efforts to end the violence have made little headway, without the participation of Israel and its enemy Iran, a supporter of Hamas and other armed groups. 'Sliver of hope' A full-blown Israeli ground offensive carries many risks, including to the hostages Hamas took and whose fate is shrouded in uncertainty. So the release of two Americans among the hostages -- mother and daughter Judith and Natalie Raanan -- offered a rare "sliver of hope", said Mirjana Spoljaric, president of the International Committee of the Red Cross. US President Joe Biden thanked Qatar, which hosts Hamas's political bureau, for its mediation in securing the release. He said he was working "around the clock" to win the return of other Americans being held. Natalie Raanan's half-brother Ben told the BBC he felt an "overwhelming sense of joy" at the release after "the most horrible of ordeals". Hamas said Egypt and Qatar had negotiated the release and that it was "working with all mediators to implement the movement's decision to close the civilian (hostage) file if appropriate security conditions allow". Traumatised families with loved ones missing in Gaza demanded more action. "We ask humanity to interfere and bring back all those young boys, young girls, mothers, babies," Assaf Shem Tov, whose nephew was abducted from a music festival where Hamas killed hundreds, said Friday. Devastation Almost half of Gaza's residents have been displaced, and at least 30 percent of all housing in the territory has been destroyed or damaged, the United Nations says. Thousands have taken refuge in a camp set up in the city of Khan Yunis in southern Gaza. Fadwa al-Najjar said she and her seven children walked for 10 hours to reach the camp, at some points breaking into a run as missiles struck around them. "We saw bodies and limbs torn off and we just started praying, thinking we were going to die," she told AFP. In Al-Zahra in central Gaza, Rami Abu Wazna was struggling to take in the destruction wreaked by Israeli missile strikes. "Even in my worst nightmares, I never thought this could be possible," he said. Israel's operation will take not "a day, nor a week, nor a month" and will result in "the end of Israel's responsibilities in the Gaza Strip", Defence Minister Yoav Gallant warned on Friday. Regional tensions flare In Gaza, retired general Omar Ashour said the destruction was "part of a clear plan for people to have no place left to live". "This will cause a second Nakba," he added, referring to the 760,000 Palestinians who were expelled from or fled their homes when Israel was created in 1948. The United States has moved two aircraft carriers into the eastern Mediterranean to deter Iran or Lebanon's Hezbollah, both Hamas allies, amid fears of a wider conflagration. Fire across Israel's border with Lebanon continued overnight, with one Israeli soldier killed, Israeli public radio said. The military said it hit Hezbollah targets after rocket and missile fire. Violence has also flared in the West Bank, where 84 Palestinians have been killed since October 7, according to the Palestinian health ministry. The post First relief convoy enters Gaza devastated by ‘nightmare’ war appeared first on Daily Tribune......»»
Improving permitting rules benefit miners
DMCI Mining Corporation said the mining industry is up for better days ahead amid regulatory improvements due to the supportive stance of the Marcos administration. In an interview with reporters over the weekend, DMCI Mining president Tulsi Das C. Reyes said the improvements in the permitting process are expected to translate to better production of mining companies. “We have seen some improvements because the administration has been very much supportive of the industry. But in fairness to the Duterte administration, they started that ball rolling,” Reyes said. “There has been a great amount of progression towards this kind of industry so those of you who have seen the nickel industry association programs, forward-thinking, they have always been resourceful and helpful for us to have a game plan rather than have this industry collapsing,” he added. Reyes, however, noted that the industry still needs a unified system for the permitting process so that mining companies can efficiently proceed with their projects. “We would love to have streamlined permits. I think the Department of Energy is setting the bar with a one-stop shop and if we can replicate that with the same ideals, that would be good,” he explained. The Philippine Nickel Industry Association or PNIA, the largest group composed of the country's nickel industry players, had also proposed the establishment of a “one-stop shop” program to expedite permitting processes in the mining industry. Once implemented, the streamlined process would significantly cut the tedious permitting process that could take as long as five to 10 years to just six months to a year. It can be recalled that DMCI Mining had already signified optimism that 2023 would be a banner year for the company, especially after its subsidiary Zambales Diversified Metals Corporation, or ZMDC was allowed to expand its production. ZMDC was granted an Environmental Compliance Certificate in January to increase its production to 2 million wet metric tons of nickel ore, from 1 million WMT before. DMCI Mining thus targets to complete a 1.5 million WMT nickel ore shipment by the end of the year. The post Improving permitting rules benefit miners appeared first on Daily Tribune......»»
Venezuela offers a peek at prison run by gang
Venezuela's Tocoron prison was like a town all unto itself, boasting restaurants, a pool, a zoo, a playground for inmates' kids, and so much more as a powerful gang ruled the roost, using the facility as a criminal operations center. "Steak House. Enjoy," reads a sign on the wall of one of the restaurants in the prison, which thousands of soldiers and police stormed this week. Tocoron is now empty of the 1,600 prisoners who lived here and have been moved elsewhere. Gone is the gang that controlled it, called Tren de Aragua, which has tentacles in various countries of Latin America. "Life was nicer and safer in prison than out on the street," said the wife of a prisoner transferred elsewhere, declining to give her name. Venezuelan authorities took some 30-odd journalists on a controlled and limited tour of the prison on Saturday. The reporters did not get to see the concrete tunnels that the prisoners dug -- pictures of them are circulating on social media -- or what is left of the zoo with its pink flamingos. On one door is written "GNB: the train has stopped." That is the acronym of the Venezuelan national guard, and train refers to the gang. That was a message aimed at the visiting journalists but which the government is also presumably trying to spread nationwide amid the embarrassment of having a gang running a prison and living in relative luxury. Interior Minister Admiral Remigio Ceballos has said four prison officials had been arrested and charged with complicity with the criminals. The Tren de Aragua, which reportedly numbers some 5,000 criminals, emerged in 2014, specializing in classic mafia activities: kidnapping, robberies, drugs, prostitution, and extortion. It has extended its influence to other activities, some legal, but also to illegal gold mining. The head of the gang, Hector Guerrero, and other leaders were tipped off before the big raid on Wednesday and managed to flee the prison and the country a week beforehand, according to the Venezuelan Prison Observatory (OVV), a group that follows developments in the country's notoriously dangerous detention centers. As reporters toured the prison, bulldozers tore down a small settlement of houses made of brick, wood, and metal. The authorities gave no explanation as the machines rolled noisily over walls, bed linens, curtains, and other housewares. 'Look in the morgue' Rubeles Mejias, aged 25 and the fiancee of an inmate serving a 13-year term for manslaughter, said she lived in the jail for seven months and left only when her four-year-old daughter had to start school. Her man, whom she planned to marry in a few weeks, was one of the so-called "baptized" people in the prison -- devout Christians who wore white and were treated as a separate caste within the prison hierarchy. Gang members would leave them alone. "It was peaceful. There was a swimming pool, a zoo," Mejias, a hairdresser, said Wednesday after the raid as she stood outside the prison. She said her partner worked in a prison shop and sent her money so she could survive Venezuela's hyperinflation and shortages of food, medicine, and other essentials. "It was he who helped me," she said. The few streets that reporters touring the prison were allowed to see were littered with beer bottles, clothing, TVs, appliances, and stuffed animals. Near the pool and a basketball court were abandoned food stands. On the day of the raid, AFP reporters saw police taking away valuables such as air conditioning units, TVs, and motorcycles as women waiting at the gates of the prison for news of their loved ones screamed "Thieves!" On Saturday, three prisoners in yellow jail uniforms walked around the grounds, which include a building labeled as being for "the training of new men." Outside the prison, many people were still waiting, hoping to find out where their loved ones were sent. Claribel Rojas cried as she looked for her brother. Nesbelis Mavares was trying to find her partner, who was in for homicide. "The last message I got from him was a voicemail Wednesday in which he said, 'I love you. God bless you,'" Mavares said. She added: "They are prisoners, not animals. A guard told us to go look in the morgue." The post Venezuela offers a peek at prison run by gang appeared first on Daily Tribune......»»
Sovereign shame
The government should recognize the possibility that Chinese workers in the country are committing espionage amid the escalating territorial friction in the West Philippine Sea. Defense Secretary Gilbert Teodoro raised the alarm, saying employees of mainly Chinese state firms may be engaged in potential “covert economic and information activities,” including propaganda operations, to sway public opinion in favor of the mainland. Among the workers on the watchlist are “the ones hired by Beijing’s state-run enterprises involved in public infrastructure projects,” according to Teodoro. The Department of National Defense said it is looking into clandestine dealings “happening in the background.” “It’s the activities that we cannot see… that’s what alarms us,” the defense chief said. “The best way to weaken a country, rather than by an overt warlike function or disruption of [its] facilities, is really to take control of [its] internal economy, internal processes, and the like,” Teodoro pointed out. The records of Chinese migrants in the country are inadequate based on previous Senate hearings. No government agency was able to provide the Senate, for instance, with an accurate number of illegal Chinese workers, indicating that they are not being monitored. Labor agencies have also failed to keep track of how many foreign workers are in jobs that, by mandate of the Constitution, should be for Filipinos only. Under the law, foreigners are only allowed to work in jobs that require highly specialized skills and where no Filipinos are deemed competent to do them. During the Senate probe, it was also discovered that as many as 119,000 Chinese nationals who came to the country as tourists are now residents and have jobs in violation of labor regulations. Chinese tourists, through some “gainful” means, were able to obtain special work permits from the Bureau of Immigration. They now work in very diverse areas such as Metro Manila, Clark, Subic, Cagayan and Cagayan de Oro. In one of the inquiries, a Department of Labor and Employment official explained that the special permits were issued without the need for an Alien Employment Permit, or AEP, because the nature of the employment was temporary, lasting from three to six months. The loose process, thus, has allowed foreign workers to enter the country practically unbridled. Senators questioned the discrepancy between the AEPs issued and the number of Chinese workers in the country. Independent sources said that as many as 200,000 to 400,000 Chinese workers are in the country. Four different agencies issue different permits that make the situation worse. The biggest insult by China is that its propaganda work against the Philippines and other opponents in the territorial conflicts is done in this country. Facebook recently removed two networks of fake accounts that were spreading government propaganda, one originating in China and the other in the Philippines. Taken down were 155 Facebook accounts, 11 pages, nine groups and seven Instagram accounts traced to China, and 57 accounts, 31 pages and 20 Instagram accounts based in the Philippines. Such operations breach Facebook’s rules against “coordinated inauthentic behavior on behalf of a foreign or government entity.” The Chinese network used faces created through an AI technique known as GANs (Generative Adversarial Networks). Facebook was able to trace the origins of the accounts because of their visual signatures. “This form of AI is readily available online, and its use (or abuse) by covert operations has exploded in the last year,” according to a report on the social media platform. Identified were a dozen GAN-generated images from the Chinese propaganda operation. Teodoro, who has access to a wealth of information, in revealing the supposed operations being conducted by the Chinese in the country’s backyard, virtually confirmed the problem has reached alarming proportions. It would be easy for the government to keep track of foreign workers if only the appropriate agencies would resist the seduction of human smuggling. In accepting bribes to let the aliens skirt the law, these officials and functionaries have placed our national security at risk. The post Sovereign shame appeared first on Daily Tribune......»»
DFA: No appealing Ranara verdict
The 15-year prison term of the 17-year-old killer of rape-murder victim Jullebee Ranara has not resulted from an irregularity, the Department of Foreign Affairs said Saturday amid bereaved kin’s outcry that the penalty was too lenient. While the DFA gave its support to Ranara’s family, Undersecretary for Migrant Workers’ Affairs Eduardo de Vega told the Daily Tribune that “there was no whitewashing of the case.” “We told the family that this is the maximum allowed by Kuwaiti law. The accused was not acquitted. There was no whitewashing of the case. In the Philippines, minors are even exempt from criminal responsibility,” he said in a text message. “The prosecution cannot appeal a judgment of acquittal, or even in cases of a conviction, there can be no appeal by the prosecution to raise the penalty,” he said. The DFA, late Thursday, announced that Ranara’s killer was sentenced to 15 years imprisonment by a Kuwaiti juvenile court. On top of the murder conviction, the court also meted another one-year jail term for driving without a license. Ranara was found lifeless in January. She was raped, impregnated, burned, run over, and left for dead in the desert by her employer’s son. The post DFA: No appealing Ranara verdict appeared first on Daily Tribune......»»
9 Works Theatrical to stage ‘Rent’ in 2024
9 Works Theatrical has announced that it will restage the Broadway musical Rent in 2024. Following the successful run of tick, tick… BOOM!, another production by Jonathan Larson will be mounted as the local theater company’s first production next year. 9 Works Theatrical previously staged Rent in 2010 and 2011 with Gian Magdangal as Roger, Sheree Bautista as Mimi, Fredison Lo as Mark, OJ Mariano as Tom, Job Bautista as Angel, Jenny Villegas as Joanne, Lorenz Martinez as Benjamin and Carla Guevara-Laforteza as Maureen. As a teaser, tick, tick… BOOM! cast members Kayla Rivera, Reb Atadero, Khalil Ramos, Tanya Manalang-Atadero, Vien King and Jef Flores sang an excerpt of “Seasons of Love” during the show’s curtain call. “You won’t have to wait 525,600 minutes to catch this musical,” 9 Works wrote on Instagram. The theater company had earlier announced auditions for Rent would take place on 25 to 26 September at the Maybank Performing Arts Theater in BGC, Taguig City. Applicants should bring their latest photo, curriculum vitae and should prepare a maximum of 16 Bars of two pop-rock songs in English of varying tempos. They are required to bring their own music sheet or minus one (in a thumb drive or phone). Broadway songs and songs from Rent are not allowed. The registration period is until 11 September. All auditionees must register via tinyurl.com/9wtRENT2024AuditionForm. Applicants who will receive a text message with their assigned time slot must be in the venue at least one hour before their slot. 9 Works is looking for the roles for: 1. Roger (male, tenor, must know how to play the guitar); 2. Mark (male, tenor); 3. Mimi (female, mezzo-soprano, dancer); 4. Angel (male/ transgender, tenor, dancer); 5. Benny (male, baritone-tenor); 6. Tom (male, bass-baritone); 7. Maureen (female, mezzo-soprano); 8. Joanne (female, mezzo-soprano); and 9. ensemble (male/ female, can dance, various vocals). Applicants must be 22 years old and up. Rent, set in the late 1980s and early 1990s, follows a group of friends living in Manhattan’s East Village amid issues of poverty, drug abuse, HIV/AIDS epidemic, social tension and political unrest. It is loosely based on Giacomo Puccini, Luigi Illica and Giuseppe Giacosa’s opera La Bohème. It won the 1996 Pulitzer Prize for Drama and four Tony Awards the same year including Best Musical, Best Book, Best Original Score and Best Performance by a Featured Actor. In 2005, director Chris Colombus helmed its movie adaptation with Anthony Rapp, Adam Pascal, Rosario Dawson, Jesse L. Martin and Idina Menzel in the cast. The post 9 Works Theatrical to stage ‘Rent’ in 2024 appeared first on Daily Tribune......»»
On WPS conflict, ‘Trillanes cut deals’
Amid the guessing game started by China on who the unnamed President was who promised to remove the BRP Sierra Madre from Ayungin Shoal, Chief Presidential Legal Counsel Juan Ponce Enrile has pointed to a former senator as the culprit. “I haven’t heard from previous presidents that they promised to remove the Sierra Madre, but what I know is that the late President Benigno Aquino III did some backchanneling, and his backdoor agent was former Senator Antonio Trillanes IV,” Enrile said. He added: “Trillanes bypassed then Ambassador Sonia Brady in negotiating with China, and his only credential was he rode in a Philippine Navy boat when he was in the military service.” “The subject of the backchanneling was the Scarborough Shoal standoff, but Trillanes was deceived by the Chinese. The Philippine vessels withdrew from the area of the deadlock, but China stayed put,” he recalled. 2012 Senate skirmish Then-senator Enrile and Trillanes had a confrontation in September 2012 over the government’s covert negotiations with China that Aquino had assigned to Trillanes. In a face-off on the Senate floor, Enrile produced the so-called Brady notes, a report on the discussions between the ambassador and Trillanes on the backchanneling mission. During his several engagements with Chinese officials, Enrile quoted the Brady notes as saying that Trillanes indicated that Filipinos needed more interest in the conflicting claims in the region. Enrile said the Brady notes stated that Aquino was not made fully aware of the details of Trillanes’s actions, and there was a point when the President did not know the talks were suspended for two weeks and that Trillanes was acting on his own. “And for whom? Whose interest was he serving?” Enrile asked. While admitting that it was the prerogative of Aquino as Commander-in-Chief to resort to backchannel talks, designating Trillanes was a huge mistake, he said. “Trillanes should have been discreet, and he should have brought along an embassy representative to record the event. Trillanes thought he was James Bond. That should not have been allowed,” Enrile said. “A person entrusted by the President with a mission must first exercise discretion. When you go to a country to deal with a foreign power, you must notify the embassy,” he said. “Trillanes should have notified the embassy to alert them that he was there on a mission, and he should have brought along at least one responsible official,” he added. He continued: “Everybody should have known that international law already provided the way to settle the dispute, which was the United Nations Convention on the Law of the Sea, but which China did not respect.” “China based its claims not on international law but on its might. We should have a counter-balancing force,” according to Enrile. “We should not rely solely on the assistance of other nations; we should keep building up our military assets.” “We should also be prepared, and one way to do that is to require all young Filipinos to undergo training to defend the country.” “Only Filipinos can fight for their country; nobody else can do the fighting for you,” Enrile stressed. False narrative Meanwhile, China was accused of using deception in its sea maneuvers when it tried to block a resupply mission to Ayungin Shoal on 7 September. Armed Forces of the Philippines spokesperson, Col. Medel Aguilar, at the weekly Saturday News Forum in Quezon City, said the Philippine Navy offered to help a Chinese rubber boat in distress near Ayungin Shoal. “Our troops offered assistance, but the Chinese refused and another boat came to their rescue,” Aguilar said. He said one of the Chinese rigid hull inflatable boats had gotten entangled in a fishing line while it was tailing the Philippine vessels heading to Ayungin to resupply the troops there. Aguilar said that while the Chinese boat’s refusal to accept aid from Philippine forces was expected, what surprised the troops was Beijing’s radio call where they blamed the Filipinos for the incident. “They had the guts to challenge our radio message. ‘Philippine Coast Guard, because of your maneuvers, the Chinese Coast Guard vessel came into problem,’” he quoted the Chinese as saying. Aguilar said this was another narrative the Chinese would tell their people. “After this incident, they will come up with their narrative to tell their people about what happened,” Aguilar said. “We don’t want the truth to be drowned out by what really happened,” he added. Misplaced bullying Aguilar described the China Coast Guard’s behavior as “misplaced bullying” amid its continued aggression in Philippine territorial waters. “The CCG is a misplaced bully in the WPS,” Aguilar said. Meanwhile, Commodore Jay Tarriela, PCG spokesperson, said several CCG ships and maritime militia vessels tried to block the Philippine vessels and stop the resupply mission. “It is very important for the government, for us, to be more transparent about what is happening in the West Philippine Sea,” he said. “We face the media; we give them the true story. The media will play a very important role in curtailing this fake news that spreads every time the Chinese release their narratives.” He said China has been pushing the narrative that the Philippines is acting on behalf of the United States. Ayungin Shoal, which is part of the Kalayaan island group, is an integral part of the Philippines and is well within its exclusive economic zone and continental shelf, over which the country has sovereignty, sovereign rights, and jurisdiction. The BRP Sierra Madre has been grounded on Ayungin Shoal since 1999, where it stands as a symbol of Philippine sovereignty and on which a dozen Filipino Marines and sailors are holding the fort. The post On WPS conflict, ‘Trillanes cut deals’ appeared first on Daily Tribune......»»
AFP eyes review of 2004 Phl-China defense cooperation agreement
The Armed Forces of the Philippines is considering the review of the country’s military engagement with the Chinese government amid increasing tensions in parts of the West Philippine Sea, military chief Gen. Romeo Brawner Jr. said Wednesday This came after Senator Francis Tolentino scrutinized the AFP’s engagements with China, particularly the sending of senior officials and cadets to Chinese military schools. Brawner explained that the Philippines’ military-to-military relationship with China is covered by a memorandum of agreement on Defense Cooperation that was forged in 2004. He clarified that it was an exchange program designed to fostered stronger military relations between the two countries. “That is why we are allowed to send officers to China to study and vice versa, they are sent here because we find value in sending our officers abroad not just to China, but in fact to so many countries in order for them to train and to bring back the knowledge that they gain so that we can learn from them and probably apply the best practices that they are applying in other countries,” he said. However, Brawner noted that the AFP is currently studying the revisitation of the memorandum, following the blocking and water cannon action by Chinese vessels against Philippine ships last 5 August in Ayungin shoal in WPS. “I ordered the temporary stoppage of sending officers to China. In fact, just last week there was a communication, an invitation from China for us to send cadets to China to join a conference of cadets from all over the world,” he said. Tolentino urged Brawner to provide him with updates on the results of the study once completed. The post AFP eyes review of 2004 Phl-China defense cooperation agreement appeared first on Daily Tribune......»»
Smooth transition between Makati, Taguig urged
A teachers’ group is calling for a smooth transition between the cities of Makati and Taguig to ensure that classes in the affected public schools will not be disrupted by the territorial tension with only a week to go before the opening of classes on 29 August. Teachers’ Dignity Coalition national chairperson Benjo Basas said the two cities should respect the Supreme Court decision, noting that the delivery of education for the learners should not be compromised amid the ongoing tension over a boundary dispute between these two neighboring cities. Noel Meneses, president of the Fort Bonifacio High School Faculty Club, has also called for an immediate resolution on the issue. “We hope the two cities would make an agreement to restore the normal school operations,” Meneses said. According to Meneses, majority of the teachers were affected by the sudden transfer of schools division particularly when the documents are immediately needed for transactions like certifications, assignment orders, permits, or loan applications that are very much needed in time for the beginning of classes. Meneses, who is also speaking on behalf of the local chapter of the TDC, said teachers need to be informed of the situation affecting the two cities because “they are at the frontlines in education, and directly involved with learners, their parents, and the community, and can help the DepEd to disseminate proper information.” Meanwhile, the school principals of the public schools located at the so-called enlisted men’s barrios said they have no problem if the schools are now under the jurisdiction of the local government of Taguig City. Makati Science High School Principal Dr. Felix Bunagan said that the conduct of this year’s “Brigada Eskwela” was a success, which was participated in by Taguig City Mayor Lani Cayetano. Earlier, students and teachers of the Tigaban High School in East Rembo warmly welcomed Taguig Mayor Lani Cayetano who actively engaged in the annual Brigada Eskwela activity. Earlier, West Rembo Elementary School principal Alma Cayabyab Adona said that while the two cities have good intentions, they should focus first on the welfare of the learners to establish a smooth opening of classes. She also reminded her fellow teachers to remain non-partisan and always do the mandate from the Department of Education. “We have no bias as long as the order must come from DepEd. That’s what we’ll stand for. We are not held by anyone,” she said. A total of 14 public schools involving some 1,500 teachers and 30,000 learners are affected by the transition, the TDC said. Basas said that the Department of Education’s central office’s assumption of authority over the affected schools would ease tension and open the door for more friendly talks between the two local government units. “With just a week to the opening of classes, our schools will need to make preparations, and in order to do this, teachers and other school personnel should be allowed to work, business as usual. We hope that things will get better sooner,” Basas said. The post Smooth transition between Makati, Taguig urged appeared first on Daily Tribune......»»
Victory for ordinary consumers
The Energy Regulatory Commission, on 8 August 2023, made the correct decision in suspending Resolution No. 07, S. 2011, which unfairly allowed the National Grid Corporation of the Philippines, or NGCP, to pass on its three-percent franchise tax to energy consumers. The suspension order was triggered by the Senate Energy Committee hearing in July where Senator Raffy Tulfo, chairman, moved to raise a review of the franchise tax of NGCP amid delays in the completion of 37 transmission projects. He pointed out the NGCP projects were delayed by 820 days or 2 years and 3 months. Adding insult to injury, Senator Tulfo said, the NGCP has been passing on its franchise tax to consumers since 2011. “Perhaps it’s time for ERC to revisit its Resolution No. 7, series of 2011. And since we’re at it, maybe it’s about time to revisit the franchise tax of NGCP and impose a regular income tax on them instead,” declared the good senator. Senator Win Gatchalian, vice chairman of the committee, said the ERC should not allow NGCP to pass on its franchise tax to consumers because there is a 2002 Supreme Court ruling that the income tax, which is not an operating expense, cannot be passed on by a utility to its consumers. In the case of NGCP, the franchise tax is not an operating expense. Moreover, the franchise tax, according to the NGCP franchise, is in lieu of income tax. As such, NGCP should not be allowed to pass on its franchise tax to consumers. You see, the government in granting NGCP a franchise to operate the power transmission system in the country, exempted the company from all kinds of taxes, including the 30 percent corporate income tax, except for a 3 percent franchise tax based on its annual gross receipts. However, in 2011, the ERC granted the NGCP’s application to allow the franchise tax to be part of the transmission costs included in the electricity bills of consumers. In RP vs Meralco (G.R. No 141314, 15 November 2002), the Supreme Court ruled that a public utility cannot charge its income tax to consumers by including it in its operating expenses that form part of the electricity bill since no benefit is derived from it by the consumers. The Supreme Court said that to charge consumers for expenses incurred by a public utility that is not related to the service or benefit derived by the consumers is unjustified and inequitable. Quoting from the case of Smyth v. Ames, 169 U.S. 466, 545 (1898), the Supreme Court declared: “[T]he public cannot properly be subjected to unreasonable rates in order simply that stockholders may earn dividends… If a corporation cannot maintain such a [facility] and earn dividends for stockholders, it is a misfortune for it and them which the Constitution does not require to be remedied by imposing unjust burdens on the public.” This 2002 ruling was recently reiterated in the May 2023 Supreme Court decision barring Maynilad and Manila Water from passing on to consumers their corporate income taxes as operating expenses. In a 102-page decision penned by Justice Marvic Leonen, the SC ruled that in operating the waterworks and sewerage system, Maynilad and Manila Water are public utilities that are expressly prohibited from passing on to consumers their corporate income taxes as operating expenses. Indeed, the act of NGCP of passing on its franchise tax to consumers is simply repulsive when the corporation has been given all the special privileges to operate the monopoly business of transmitting electricity and is exempted from all other taxes. The franchise tax is the single obligation imposed on NGCP, yet its handful of billionaire owners deigned to pass it on to the ordinary consumers, who do not enjoy the same privilege of tax exemption of the wealthy corporation. Passing on the NGCP’s franchise tax obligation to the consumers only furthers an economic system that makes the poor poorer and the rich richer. The post Victory for ordinary consumers appeared first on Daily Tribune......»»
GERI profits nearly P1B in H1 amid real estate boom
Buoyed by the robust performance of its real estate, rental, and hotel businesses, Global-Estate Resorts, Inc. or GERI, a subsidiary of Megaworld Corp., delivered a 17 percent growth in its first-half profits. In a stock exchange report on Tuesday, GERI disclosed that its net income during the first six months of the year reached P996 million—a significant improvement from last year’s P848 million. Likewise, net income attributable to owners during the period also increased by 13 percent to PP848-million from last year’s P748-million. Consolidated revenues, on the other hand, surged by 32 percent to P3.9 billion from P3 billion in the same period last year. According to GERI, its real estate arm, which accounted for 79 percent of its total revenues, led the entire company’s growth. From January to June, real estate sales climbed by 32 percent to P3.1 billion from last year’s P2.3 billion. Reservation sales also soared by 39 percent to P11.7 billion during the first half of the year. “Our focus on our tourism townships allowed our company to achieve remarkable growth through the first half of the year,” GERI president Monica T. Salomon said in the report. “The company’s core businesses, especially those in our destination estates, largely benefited from the increasing tourism in our country. This second half, we are determined to leverage our expertise and hope to continue capturing the increasing tourism opportunities in the sector.” Demand for GERI’s residential and commercial properties remained strong, particularly for its projects in Boracay Newcoast, Eastland Heights in Antipolo, Rizal, and Twin Lakes in Laurel, Batangas. Its newest project, the P817-million Ocean Garden Villas Cluster C in Boracay Newcoast, which was only launched earlier this year, is now 94 percent sold as of end-June. Hotel revenues, on the other hand, doubled to P308 million from last year’s P158 million due to higher occupancy and room rates as local tourism and travel recover. Leasing revenues, likewise, rose by 29 percent to P273 million from last year’s P211- million. The contribution of retail spaces to the company’s leasing income grew from the year-ago level as foot traffic and tenant sales already recovered from the slowdown. To date, GERI operates nine tourism estates and integrated lifestyle communities across the country covering more than 3,300 hectares of land. The post GERI profits nearly P1B in H1 amid real estate boom appeared first on Daily Tribune......»»
Reforms hijacked
In the Electricity Power Industry Reform Act, or Epira, the guiding principle is the least cost of power for consumers which was effectively pursued through the competitive selection process which was made permanent in the industry during the previous administration. Meralco, the power distributor, introduced the straight pricing scheme in the power supply agreements or the contracts it bids out to prevent fluctuations in electricity prices due to factors beyond the control of the generating companies, or gencos, such as spikes in fuel prices as a result of geopolitical shifts. The presumption on those who will participate in the bid for the fixed price PSAs is that they will shoulder the risks and it will be up to them to hedge or undertake measures to address upswings in costs. That was the arrangement in the PSAs with San Miguel Corp.’s gencos, Sual coal and Ilijan natural gas plants. When the price of coal surged after the conflict between Russia and Ukraine erupted, and Malampaya started to restrict supply as it was being depleted, SMC complained of piling losses to the extent of P15 billion. Stakeholders, however, said much of the ordeal of SMC in their claimed accumulated debts was self-inflicted due to poor decisions. According to a representative of a consumer group, SMC never showed proof of the losses it cited, which in turn became the basis for its petitions for price adjustments with the ERC. In October last year, the ERC dismissed the petitions of SMC and instead directed the company to fulfill its commitments in the PSA. The spurned SMC went directly to the Court of Appeals, or CA, to contest the ERC ruling instead of filing a motion for reconsideration with the regulator. Promptly, the CA issued a temporary restraining order which last month was upgraded to a permanent injunction that bars ERC from enforcing its quasi-judicial authority on SMC. SMC, with the use of the court orders, unilaterally terminated its PSA with Meralco. Since it dominated the power sector anyway, it obtained new cheaper contracts through the emergency PSAs bid out by Meralco. SMC, thus, succeeded in getting what it wanted through the injunction power of the CA. Consumer groups opposed to the rate increases that would result after SMC was freed from its contracts without any consequence branded the maneuver as SMC’s way of “ultimately hijacking power purchase bidding systems that are in place to protect consumers.” The oppositor in the ERC case, Power for the People, deplored the way SMC won the deal to supply the same power requirement of Meralco for the shortage that it itself had caused. “The spirit of competitive selection and least-cost electricity goes out of the window when companies like SMC are allowed to pull tricks like this,” P4P convenor Gerry Arances said. P4P filed a motion for reconsideration of the CA’s injunction order. The consumer coalition was the only one left on the list of oppositors that had questioned SMC’s “temporary” price adjustment petitions with ERC. The others had dropped out, including the main complainant, for reasons they only knew. “We are disappointed but not surprised at how the CA yielded to the arm-twisting of SMC so that it could hike prices and turn its back on its contracts. The decision will open the floodgates to higher electricity, as SMC and other fossil fuel power generators are now emboldened to ask for more rate hikes, and to participate and win auctions through bid prices far lower than what consumers will eventually be charged, knowing they can apply for and possibly secure price adjustments during their contracts’ lifetime,” Arances said. ERC voiced the same apprehension in rejecting the SMC petitions, saying others hold the same straight-pricing PSAs but never sought a revision in the terms of their contracts. Failed business decisions such as bidding too low just to obtain the PSAs should be the lookout and the burden of the contractor and not the electricity users who should be spared from paying for the consequences of bad business decisions. Besides, SMC as the holder of the contracts should have been penalized with the proceeds from which used to ease the plight of consumers amid the high price of electricity. The post Reforms hijacked appeared first on Daily Tribune......»»
Meta earnings beat market expectations as ads revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings powered by a reviving digital ad business. Meta reported a profit of $7.8 billion on $32 billion in revenue during the recently ended quarter, as the number of people using Facebook monthly rose to 3.03 billion. "We had a good quarter," Meta chief executive Mark Zuckerberg said in an earnings release. "We continue to see strong engagement across our apps and we have the most exciting roadmap I've seen in a while..." Meta had suffered a rough 2022 amid a souring economic climate, which forced advertisers to cut back on spending, and Apple's data privacy changes, which allowed users to block ad targeting, the pillar of Meta’s business. But like the other big US tech companies, Meta's share price has had a stellar 2023 that Zuckerberg in January said would be the "year of efficiency". "With two straight quarters of positive revenue growth and the first quarter of double-digit revenue growth since late 2021, Meta’s year of efficiency is off to a strong start," said Insider Intelligence analyst Debra Aho Williamson. "There's a lot to feel good about when it comes to Meta right now," Williamson added. In its earnings release, the company said that the number of ads on its various applications rose by 34 percent year-on-year in the second quarter. Analysts noted the greater interest from advertisers in Reels, the video format copied from TikTok, and a less gloomy economic context conducive to marketing spending. VR costs Meta's vow of austerity on spending brought an unprecedented round of cost-cutting that saw the company lay off tens of thousands of workers since last November. Meta said it had 71,469 employees at the end of June, a decrease of 14 percent from the same time a year earlier, according to the earnings report. The company has faced criticism over its gamble on the metaverse, the world of virtual reality that Meta believes will be the next frontier online and led it to change its name from Facebook in 2021. This to date has proved to be a bad bet with customers so far unenthused by the technology, even though Apple will enter the space some time next year with the release of its expensive VisionPro headset. Meta said in the earnings report that it expects its operating losses at the unit responsible for VR to "increase meaningfully" in the months ahead. The company has also jumped to take advantage of the chaos at Twitter, which has now been renamed to X. Earlier this month Meta rushed out the release of Threads, a text-only app that saw more than 100 million downloads in just days, though the users' long term interest remains unproven. On AI, Zuckerberg has chosen a different track than Microsoft and its partnership with OpenAI. Meta instead has endorsed a more "open source" approach and made its Llama generative AI technology available to researchers and companies to adapt to their own needs. However, investors will be curious to know how Meta expands use of generative AI for its own products. Zuckerberg indicated in a recent podcast that his company is working on an AI platform that would allow creators and advertisers to more efficiently work together. The post Meta earnings beat market expectations as ads revive appeared first on Daily Tribune......»»
CA conundrum
What gives in the recent Court of Appeals decision that effectively emasculated the Energy Regulatory Commission? The ruling, in effect, said SMC was correct in its petition to the ERC asserting a “change in circumstance” to allow it to set aside the fixed-price provision in its contract with Meralco. Moreover, the ruling favored SMC’s claim that the adjustment would result in the least electricity cost, which was the conglomerate’s contention when it filed the petition with ERC. In its plea, SMC’s power units sought a 30 to 34 centavos per kilowatt hour increase in the rate it charged Meralco. Meralco as the electricity distributor then passes on the cost to consumers in their monthly bills. The court in its decision weighed the impact of the various options and favored the one that SMC proffered as having the most benefit to consumers. The ERC in its October decision dismissing the petitions of SMC arms, South Premiere Power Corp. and San Miguel Energy Corp., cited the straight pricing scheme in the power supply agreements of both firms with Meralco. SMC, instead of petitioning ERC for a review, went straight to the Court of Appeals to seek temporary restraining orders for both SPPC and SMEC. The CA through its 13th Division promptly issued a TRO on SPPC which in effect suspended its contract with Meralco, as SMC had warned if the ERC did not go along with its wish for a price adjustment. President Ferdinand “Bongbong” Marcos Jr. then urged the court to review the TRO, fearing that it would result in higher electricity bills. The CA’s 16th Division then rejected the TRO petition of SMEC but allowed the consolidation of the cases with the 13th Division, which issued a ruling later upgrading the SPPC TRO into a writ of preliminary injunction. The latest 13th Division ruling was the provision of permanent injunctions to both SMEC and SPPC. Going by the principle of honoring contracts, ERC, as the regulator, needed to enforce the fixed-price provision in the PSAs which covered about 1 gigawatt of electricity supply to Meralco. SMC in the deliberations with the ERC said that it had been hemorrhaging money — P15 billion since 2021 from operating the Sual coal and the Ilijan natural gas power facilities amid high global coal prices and unilateral natural gas supply restrictions from Malampaya. The CA’s ruling overturned the ERC and thus allowed SMC to recover its claimed losses by passing it on to consumers. SMC can also seek new adjustments retroactively from the time that it was considered to have been affected by the high global prices and natural gas supply restrictions, based on the rulig. The CA decision would have the immediate effect of a likely price increase since the PSA would be terminated, forcing Meralco to buy electricity from the spot market. The ultimate effect of the CA decision, however, would be to weaken the regulatory function of the ERC since it will set a precedent for parties in a contract to undermine the regulator’s decision by going directly to the CA. The ERC, thus, is fighting to uphold its function under the Electricity Power Industry Reform Act or Epira with its vow to appeal the CA decision in the Supreme Court. “The decision is not yet final and we will still file a motion for reconsideration. If granted, that's another discussion. If denied, we will go all the way to the Supreme Court,” said ERC chairperson Monalisa Dimalanta. It is indeed disconcerting that businesses that can pull all the strings overstep the rules, including the sanctity of contracts, aided by the court. Solicitor General Menardo Guevarra in defending the ERC said the CA’s 13th Division “violated the separation of powers and overstepped its boundaries when it directed the parties (SMC and Meralco) to enter into good faith negotiations” on the PSA of SPPC. He said that the 25 January resolution granting the writ of preliminary injunction and issuing the directive to renegotiate the terms of the contract “impinges on the executive jurisdiction of both the Department of Energy and respondent ERC.” Guevarra said that a renegotiation “was not even prayed for in the petition.” The $64,000 question is what prompted the CA to go out of its way to favor SMC despite the business behemoth effectively breaching its contracts with Meralco. The post CA conundrum appeared first on Daily Tribune......»»
AMID CA ‘OVERREACH’ ERC ready for battle
The Energy Regulatory Commission is ready to contest before the Supreme Court the decision of the Court of Appeals voiding the regulator’s rejection of the rate increase petitions of two San Miguel Corporation power generation firms. Legal pundits said the CA usurped the ERC’s authority in its ruling setting aside the regulator’s late 2022 decisions to dismiss the petitions of South Premiere Power Corp. and San Miguel Energy Corp. to increase prices. Others called the CA decision an “overreach.” The two San Miguel subsidiaries cited a “change in circumstances” for turning their backs on their fixed-priced contracts with Manila Electric Company. San Miguel disclosed on Wednesday to the Philippine Stock Exchange the favorable decision it had received from the CA’s 13th Division composed of Associate Justice Victoria Isabel Paredes, as chairperson; and Associate Justices Mary Charlene Hernandez-Azura and Florencio Mamauag Jr., as members. Speaking to reporters on Thursday, ERC chairperson lawyer Monalisa Dimalanta clarified that the CA’s decision was not yet final since, under the Electric Power Industry Reform Act, only the Supreme Court can issue a permanent injunction on rate hikes. “There is no computation yet of the rate hikes. The decision is not yet final, and we will still file a motion for reconsideration. If granted, that’s another discussion. If denied, we will go all the way to the Supreme Court. I have not yet foreseen any rate impact,” Dimalanta said. Dimalanta added that the ERC, through the Office of the Solicitor General, will need to confirm if the CA is legally allowed to issue a final decision on rate hikes. “The CA can review any factual matter related to any rate hike petition, but we still want to clarify if the CA can decide with finality because it will change everything in the (power) industry. Under the EPIRA, only the SC can issue a permanent injunction,” Dimalanta explained. Unfortunate ruling According to Dimalanta, the CA’s decision was “unfortunate and disconcerting,” but the ERC will continue to uphold the law to “protect consumers.” “The ERC hopes the CA will revisit the records of the case as well as the arguments of the parties and uphold the commission’s ruling,” the ERC chief said. Consumers will not yet feel any adverse impact from the CA’s reversal of the ERC’s rejection of the temporary rate hike petitions, Dimalanta added. However, for San Miguel Global Power or SMGP, the holding firm for SMC’s power ventures, the CA’s decision “upholds the constitutional mandate of due process that guarantees the right to be treated fairly and effectively by quasi-judicial bodies like the ERC.” “It is regrettable that the ERC’s unfair decision early on to reject our joint petition with Meralco for a temporary rate hike — despite proving to be the least cost option at the time for power consumers — resulted in consumers shouldering the burden of much higher electricity rates,” SMGP said in a separate statement on Thursday. Nonetheless, the company said it still looks to “forge even stronger partnerships with the government, consumers, and other key stakeholders to help shape a more resilient and sustainable energy landscape for all.” Meanwhile, Meralco Head of Regulatory Management Jose Ronald Valles said the company will reach out to the CA to clarify some matters regarding the decision. “There are some matters in the decision that we feel need to be clarified. We are consulting with our lawyers on the legal remedies available to us, including an appeal to the Supreme Court,” Valles said. The 13th Division of the CA reversed the order of the ERC that rejected the temporary power rate hike petition filed by San Miguel Energy Corp. or SMEC and South Premiere Power Corp. or SPPC and Meralco. The CA decision granted the consolidated petitions for certiorari filed by SMEC and SPPC. It also favored the joint motion of SPPC and SMEC for a price adjustment with provisional authority and/or interim relief in ERC Case No. 2019-081 and ERC Case No. 2019-083. Likewise, the appellate court made permanent the preliminary injunction issued in favor of SPPC. The rate hike petition stemmed from SMGP’s report that its Sual Coal and Ilijan Natural Gas power facilities logged combined losses of P15 billion from 2021 to date due to high prices. As such, it sought temporary and partial cost recovery relief only for the losses it incurred from January to May, through a power rate increase on its contract capacity under the power supply agreement with Meralco to be amortized for six months. CA gets flak Consumer group Power for People Coalition criticized the CA magistrates for favoring the Ramon Ang-led San Miguel Corporation. “The Court of Appeals is supposed to uphold the interests of justice and the people, but it failed to do both in its decision granting SMC’s petitions in its cases before the ERC,” Gerry Arances, convener of the Power for People Coalition, said in a statement on Thursday. In its PSE disclosure, SMC said the CA annulled and set aside the ERC order dated 29 September 2022 in ERC Cases 2019-081 and 2019-083 due to a “grave abuse of discretion amounting to lack or excess of jurisdiction.” The CA’s joint decision dated 27 June 2023, received by SMC through the Poblador Bautista Reyes Law Offices, granted the consolidated petitions for certiorari filed by SMEC and SPPC. Arances said the CA effectively released SMC from any consequences of breaking a contract “simply because it is not earning enough from a commitment it has made voluntarily.” “We hope that the court will reevaluate, and we will file a motion for reconsideration to give the justices another chance to live up to their name,” Arances said. It can be recalled that the two power companies, along with Meralco, appealed for a temporary rate hike under their 2019 power supply agreement to help them recover from the unprecedented hike in coal prices. The CA denied the petition of SMEC for a temporary restraining order, but it allowed a TRO and later a writ of preliminary injunction or WPI on the ERC decision to deny an increase in SPPC’s power supply agreement or PSA with Meralco. The CA then consolidated the two rate increase cases under the division that granted the WPI. In its report to the bourse, SMC bared that the CA also favored the SPPC and SMEC’s joint motion for price adjustments without prejudice to any further requests for price adjustments. The further request for adjustments would be for June 2022 onwards for SPPC, from June 2022 to 25 January 2023 or the date of writ of preliminary injunction; and for SMEC, from June 2022 to the date of the finality of the joint decision. The post AMID CA ‘OVERREACH’ ERC ready for battle appeared first on Daily Tribune......»»