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BusinessMirror A broader look at today’s business Monday, February 1, 2016 Vol. 11 No. 116
www.businessmirror.com.ph
AGRA, COLMENARES NOTE BILL’S ‘HARMFUL’ PROVISIONS
Proposed PPPAct feared as a setback to LGU autonomy L S. M, J M N. D C B F
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ITH just three session days left in the 16th Congress, experts, local executives and businessmen are keenly awaiting the final version of the proposed Public-Private Partnership (PPP) Act, which currently have provisions that can potentially disrupt existing local government PPP projects and ordinances, as well as diminish the power of cities and municipalities to raise revenues.
INSIDE
HB 6331 and SB3035 Current versions of the proposed PPP Act Former Justice Secretary Alberto C. Agra, a certified PPP specialist, said lawmakers must take a second look into the proposed measure, as C A
BMReports
KERBER BEATS WILLIAMS FOR 1ST GRAND SLAM TITLE
P. | | 7 DAYS A WEEK
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30YEAR BULACAN BULK WATER SUPPLY PROJECT: 3.4M BULAKEÑOS WIN PPP Lead
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Alberto C. Agra
HE “Bulacan People won” professed Gerardo Esquivel, administrator of the Metropolitan Waterworks and Sewerage System (MWSS). The people of Bulacan was the value driver of the recently awarded 30year concession Bulacan Bulk Water Supply Project under the build-operatetransfer modality.
PPPs for the public good. The 12th public-private partnership (PPP) arrangement awarded under the current a dministration captures the real bottom line. The MWSS leadership clearly wanted to serve the general welfare by “equalizing” water, a human right, and making available to the inhabitants of the locus of water their water.
IN this October 16, 2013, file photo, a model showcases an outfit by Dubai-based Filipino fashion designer Michael Cinco during Fide Fashion Week 2013 Asian Couture in Singapore. AP
Lowest tariff, not highest revenues. The MWSS choose to award the project to the proponent that offered the lowest tariff, instead of giving premium to revenues or concession fees. The low tariff that will be paid by the 24 water districts will translate to low end-user fees to be paid by Bulakeños. The benefit is targeted and will be directly felt by 3.4 million people in 21 cities and municipalities. The proponent is expected to innovate so that it may be able to save on whole-of-life project costs. C A
65 LGU PPP CODES SPORTS
44 LGUs PPP CODES REFERRING TO AGRA TEMPLATE
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BOB SOBREPEÑA: WHEN I WAS 25
Local fashion businesses face conundrum of good economy ₧36.358B B R C
EXECUTIVE VIEWS
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First of three parts
AGALING magdala. Filipinos, especially those who are cosmopolitan and travel abroad, are known to carry themselves well in the fashion sense. In their Sunday best, they look smart, appear chic and wear well even lesserknown fashion brands.
Many also know how to spend, and spend they do. According to a report by the Philippine Statistics Authority (PSA), total spending on clothing and footwear alone amounted to P36.358 billion last year. In 2014, when GDP slowed to 6.3 percent, total spending on clothing and footwear hit P32.985 billion. C A
BusinessMirror
Total spending on clothing and footwear last year in the Philippines, according to the Philippine Statistics Authority
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PROVINCE Cavite Camarines Sur Northern orthern Samar Pangasinan Nueva Ecija Bataan Bohol Agusan Norte Southern Leyte eyte Pampanga Zambales Tarlac Davao Norte Quezon Cebu Aklan
LGUS WITH PPP ORDINANCES
CITIES IES Butuan Olongapo Batangas Cauayan Paranaque San Juan Pasay General eneral Santos Quezon City Imus Passi Catbalogan Navotas Malabon Legazpi Davao Antipolo Bayawan Puerto Princesa
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MUNICIPALITIES MUNICIPA UNICIP LITIES UNICIPA General Tinio, NE Cordova, Cebu Cainta, Rizal Tiwi, Albay Consolacion, Cebu Dinalupihan, Bataan La Trinidad, Benguet Coron, Palawan Kalibo, Aklan
9 LGU JV ORDINANCES REFERRING TO TO AGRA A TEMPLATE
1
PROVINCE
4
CITIES
Camarines Sur
Manila Valenzuela Caloocan Puerto Princesa
4
MUNICIPALITIES Opol, Misamis Or Mendez, Cavite Tuburan, Cebu San Luis, Aurora
10 LGU JV ORDINANCES REFERRING TO 2008 NEDA GUIDELINES Cebu Province Cebu City Lapu-Lapu City Mandaue City Iloilo City
1 LGU ORDINANCE BASED ON OWN VERSION
OUT NOW To order, e-mail us at bmturningpoints@businessmirror.com.ph or call 893-1662, 814-0134 to 36 PESO EXCHANGE RATES ■ US 47.8230
Albay Province
Pasay City Tacloban City Calamba City Laguna Province Argao, Cebu
1 LGU PPP REFERRING TO PPP CENTER TEMPLATE General Santos
■ JAPAN 0.4025 ■ UK 68.6595 ■ HK 6.1370 ■ CHINA 7.2730 ■ SINGAPORE 33.4965 ■ AUSTRALIA 33.9074 ■ EU 52.3184 ■ SAUDI ARABIA 12.7528
BM GRAPHICS: JOB RUZGAL
Source: BSP (29 January 2016 )