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VOL. XXXIII • NO. 83 • 3 SECTIONS 16 PAGES • P18 • WEDNESDAY, MAY 8, 2019 • www.manilastandard.net • mst.daydesk@gmail.com

WITHOUT RESPECT. Candidates in Ifugao province in the Cordilleras mock the beauty of the rice terraces—declared as UNESCO heritage sites—with placement of their campaign materials in the open fields. Despite the rules on the placement of campaign material on common posting areas only, many have turned a deaf ear to the COMELEC ban. Dave Leprozo

2019 POLLS: THE FINAL PUSH

IBP rift exposed over ‘Bikoy’ show By Rey E. Requejo and Macon Ramos-Araneta

SUPPORT FOR TINGOG. Leyte 1st District Rep. And Tingog Party 1st nominee Yedda Marie Romualdez (center) joins a groupie with residents of Biliran town in Biliran province during a campaign stunt. Ver Noveno

A million cops, soldiers, volunteers to guard polls By Francisco Tuyay and Joel E. Zurbano MORE than a million personnel consisting of military and police and civilian contingents will secure the upcoming 2019 national and local elections, ofﬁcials at a send-off ceremony at Camp Aguinaldo said Tuesday. A total of 98,000 from the Armed Forces of the Philippines, 149,830 from the Philip-

HE Davao chapter of the Integrated Bar of the Philippines lashed out Tuesday at the group’s national leadership for allowing its main office in Pasig City to be used as a staging area for the person who created the “Bikoy” videos linking members of President Rodrigo Duterte’s family to the illegal drug trade.. In a statement, the IBP-Davao City Chapter said the decision of the IBP national leadership on the issue is not in accord with the fundamental purpose of the orga-

nization. “Just recently, the IBP [hogged] the headlines...when it allowed itself to be used as the staging area for Bikoy’s show,” IBP Davao

said. “Certainly, the drama reeks of political agenda.” “The IBP Davao City Chapter, is neither privy to Bikoy’s show nor supportive of the same. It does not reﬂect the sentiment of the membership of the Chapter as an organization,” it said. It said that while it respects the decision of its national leadership in representing its members on some national issues, the case of Bikoy “does not deserve the Chapter’s support since the IBP is a non-partisan organization not established to cater to political interest.” On Monday, a man who iden-

pine National Police and over 1 million officials and personnel from other agencies, stakeholders and volunteer groups are committed to the keeping the political exercise on May 13 peaceful and successful. “The send-off ceremony is a fitting testimony of our firm aspiration for a peaceful and successful conduct of the national and local elections next week,”

By Nat Mariano PRESIDENT Rodrigo Duterte has given Canada one week to take back its garbage from the Philippines and said Manila would no longer accept any waste from any foreign country, Malacañang said Tuesday. It made the statement even as Customs Commissioner Rey Leonardo Guerrrero said the

Actor loses candidacy on citizenship question service at the House of Representatives, has paid tribute to former Speaker Prospero Nograles, recalling the ‘wonderful world’ he helped create with his friendship and work as a legislator. House photo release

Arroyo leads House necro rites for Nograles By Maricel V. Cruz SPEAKER Gloria Macapagal Arroyo on Tuesday hailed the late former Speaker Prospero Nograles, saying that his hard work and friendship as a legislator helped “create a wonderful

Next page Edu Manzano

Group calls for transparency A PRO-DEMOCRACY group on Tuesday called for clean, credible and transparent elections as technology vendor Smartmatic Phils. Inc. transferred the administration of the automated election system to the Commission on Elections. “Transparency is a key prin-

‘WONDERFUL WORLD.’ Speaker Gloria Macapagal Arroyo, leading eulogists during a memorial

THE Commission on Elections has canceled actor Edu Manzano’s certiﬁcate of candidacy over the questions on his citizenship. But the poll body dismissed the plea to disqualify former Foreign Affairs Secretary Peter Cayetano to run for congress in Taguig over a domicile issue. Manzano, who was allowed by the Comelec to run for vice president under the LakasKampi-CMD in the May 2010

ciple in ensuring credible elections. It helps establish trust and conﬁdence in the process, as voters have an opportunity to guarantee that the results reﬂect the true will of the people,” Democracy Watch Philippines Secretary General Next page

Canada gets PH ultimatum

By Vito Barcelo and Maricel V. Cruz

tified himself as Peter Joemel Advincula surfaced at the IBP offices and said he was the Bikoy in the online videos that linked members of President Duterte’s family, including former Davao City Vice Mayor Paolo Duterte, former Presidential Assistant Christopher “Bong” Go, and Manases Carpio, husband of Davao City Mayor Sara Duterte to the narcotics trade. He asked the IBP for legal assistance, saying he would file cases against the people he mentioned. IBP National president Abdiel Dan Elijah Fajardo earlier said Advincula appeared at their office

world.” “I would like to thank Boy,” Arroyo said in her eulogy at a memorial service at the House. “What a wonderful world you helped to create with your friendship [and] with your work. [Y]our family, the House of Representa-

Beer lack fears stalk Rugby WC TOKYO—When hosting an international rugby tournament and welcoming thirsty fans from around the world, the last thing you want to do is run out of beer. That’s the message from Rugby World Cup bosses to Japanese hosts Next page

Jobseekers’ law scraps gov’t fee By Macon R. Araneta

tives… will miss you.” An Aquila Legis fraternity brother of Nograles, on the other hand, recalled that he was “a great joker and the life of the party who dressed like the legendary secret agent James Bond 007.”

ABOUT 1.3-million ﬁrst-time jobseekers will annually be exempted from paying fees on government-issued documents that are inordinately expensive for those without a regular job after President Rodrigo Duterte

TUCP pushes Visayas wage hike By Vito Barcelo THE Trade Union Congress of the Philippines on Tuesday ﬁled a petition for a P386 wage increase for the private workers in the Visayas. TUCP president Raymond Mendoza said the petition was ﬁled before the Regional Tri-

partite Wages and Productivity Board in Region VII. He cited the urgency to address the growing health problems of the workers and their families who are nutritionally deﬁcient who surive only on instant noodles, canned sardines, tocino, longganisa, itlog na maalat, itlog at pan de sal and unlimited rice. Next page

News

WEDNESDAY, MAY 8, 2019

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PH transgender fights for gay marriage in HK HONG KONG—As a Filipino transgender pastor of a small Hong Kong church that welcomes all sexualities, Marrz Balaoro wants to conduct religious marriage ceremonies for same-sex couples but fears arrest—a battle he is now taking to the courts. Despite growing support for gay marriage in the international financial hub, campaigners have made little headway against stiff opposition from the city’s successive pro-Beijing governments and religious conservatives. But now an unprecedented legal challenge filed by the Filipino Reverend Balaoro turns the more commonly heard religious argument opposing gay marriage on its head. In a filing with the city’s High Court, he argues that his congregation’s freedom to worship—a right enshrined in Hong Kong’s mini-constitution—is being trampled on by the city’s ban on same-sex marriages. “All we ask for is to be allowed to worship and practice our religious faith in the eyes of God, free from the threat of persecution,” Balaoro explained. The 62-year-old pastor—who has worked as a domestic helper in Hong Kong since 1981—knows that threat all too well. In 2017, he was arrested on suspicion of breaking Hong Kong’s marriage laws for officiating “Holy Union” ceremonies at the city’s Lesbian, Gay, Bisexual, Transgender and Straight (LGBTS) Christian Church. The denomination originated in the Philippines but has a small following among gay domestic workers in the southern Chinese city. The union ceremonies were religious blessings for same-sex couples with no legal weight and prosecutors eventually dropped the case. Court protection? But despite repeated attempts, Balaoro was unable to get written assurances from Hong Kong authorities that he won’t be arrested again should he conduct another union. His legal application seeks a court declaration that such same-sex religious ceremonies are not illegal. Balaoro is clear his church’s same-sex ceremonies have no legal substance under Hong Kong law, but he says they carry great spiritual importance for his flock. “They know this is just a celebration of love and togetherness,” he told AFP, describing the occasions as “joyous”. AFP

Canada... From A1 Philippines was prepared to return 69 container vans of garbage to Canada by May 15, but red tape in the Canadian government had slowed down the process of reexporting the trash back. He said all requirements and preparations on the part of the Philippine government had been met to facilitate the reexport of the waste to Canada. Presidential Spokesman Salvador said President Duterte gave Canada a May 15 deadline to take back the trash it illegally shipped here. “The President gave May 15 as the deadline,” Panelo told Palace reporters, adding Duterte made the decision during the 37th Cabinet meeting on Monday night. “If they cannot get that, then we will be shipping them out and throw them to the shores or beach of Canada,” Panelo said. He said the Department of Foreign Affairs and the Department of Environment and Natural Resources had already relayed Canada’s offer to “shoulder all the expenses to ship out all the 69 waste containers. “The President is firm that we are not garbage collectors. Thus he ordered that the Philippines will no longer accept any waste from any country.” Panelo said deadline came after Duterte threatened Canada’s military might over the issue. Panelo said the previous threat to engage Ottawa in a war was merely a figure of speech, but Duterte was serious about returning Canada’s garbage. In a speech two weeks ago, Duterte warned that he would sail to Canada to drop the waste in Ottawa’s beaches. He also threatened to dump Canada’s trash in front of the Canadian Embassy in Makati. Over the weekend, the Canadian government offered to retrieve its garbage that has been decaying in Manila’s ports since 2013. Canada’s environment department said its government “remains committed to working with the Government of the Philippines and has made an offer to repatriate this Canadian waste. “Canada hopes to finalize an agreement with the Philippines shortly to return the waste to Canada for appropriate disposal,” Environment and Climate Change Canada told CNN Philippines. Meanwhile, Foreign Affairs Secretary Teodoro Locsin Jr. previously said the two countries were already in “delicate negotiations.”

Arroyo... From A1 “During frat gatherings, Boss Nogie was the most boisterous and jovial… the life of the party,” said former House Majority Leader Neptali Gonzales II, who broke into tears during the service. Nograles is survived by his wife Rhodora Bendigo Nograles and children Kristine Elizabeth Nograles-Hugo, Cabinet Secretary Karlo

Military camp in Marawi eyed; rehab in full swing Presidential Spokesman Salvador Panelo said Duterte floated his plan during the 37th Cabinet meeting last Monday in Malacañang. “President Duterte reiterated his interest to establish a military camp in the Islamic City before his term ends to better protect the City as well as the country,” Panelo said in a statement. On May 23, 2017, homegrown terrorists laid siege to the Islamic City to create an Islamic caliphate in the area. The incident prompted the President to put the entire Lanao del Sur capital under martial law to eradicate Islamic State-inspired Maute Group.

The new camp would then serve as the headquarters for the country’s armed forces to protect the security of civilians and prevent the reentry of terrorists now that the Task Force Bangon Marawi, tasked to restore the damaged city, has shared its accomplishments. In a Palace press briefing, Panelo said the task force had presented a report showing its priorities and accomplishments for the full restoration of the war-torn city. “They showed their priorities. There are a lot... like the construction of housing units. Over 3,000 houses, too many. The rehabilitation efforts are staggered,” he said. “We are just listening to their pres-

entation. In other words, the rehabilitation remains okay. It’s going and pushing through,” he added. In his previous speech, the President bared he will not spend any more money to rebuild Marawi City, saying he will just allow affluent residents and businessmen to spend for the full restoration of the war-torn city after suffering damages from a five-month-long armed conflict. Malacañang then clarified that Duterte was speaking to Marawi-based businessmen, saying that they, as rich people, should be the one to spend for their wrecked buildings and not depend on the government. According to Panelo, the Duterte administration would continue the rehabilitation of Marawi City. Last Jan. 30, Duterte led the groundbreaking ceremony for a new military camp in Barangay Kapantaran, which will be completed and functional in less than two years.

IBP... From A1

cula is facing multiple criminal cases. Panelo said Advincula’s allegations were outright “incredible and absurd” as those personalities and establishments that he tagged had already denied any drug links. On Monday, Go showed off his untattooed back to the public to refulte allegations that he was involved in the illegal drug trade. Meanwhile, the Rural Bank of Guinobatan Inc. and the Misibis Bay Resort also denied allegations from Advincula. “Bikoy’s pretended fear for his life is part of the fraudulent act,”Panelo said. here are strong indications that Advincula is not alone but is just being used by a personality in conspiracy with others bent on destroying the reputation of the Duterte family and tarnishing the image of the President,” Panelo said. “Soon the pretenders and black propagandists will be unmasked.” The Palace official warned some officers of the IBP that they may have been fooled by Advincula. “Certain officers of the IBP may have unwittingly allowed their facilities to be used by a fraudster to perpetuate lies and foist accusations against [the President], his children and those closely identified with him,” he said. Senator Panfilo Lacson, meanwhile, said the Senate committee on public order and dangerous drugs, which he chaired, may conduct an investigation into Advincula’s claims. “The committee is sending out today a formal invitation letter to Advincula through the IBP since it was the last known link to him and they may have knowledge of how to relay the invitation to him,” Lacson said. He said the hearing is set on Friday at 9:30

a.m., and would push through once Advincula confirms his attendance. “In the meantime, we are doing some background investigation,” Lacson said. One of the goals of the hearing, Lacson said, would be to bolster proposed legislation providing heavier penalties against perjury, especially before congressional investigations. Also, he said, an early hearing would provide the public a chance to see for themselves if the claims made by “Bikoy” had any basis. “The hearing will allow the public to observe his demeanor and determine if his claims are true. And if his claims have basis, it will allow voters to reject those involved,” Lacson said. He also said “Bikoy” must provide documents to support his claims. Justice Secretary Menardo Guevarra on Tuesday ordered the National Bureau of Investigation to probe the man who surfaced and claimed to be Bikoy in the “Ang Totoong Narco List” videos that linkrf several members of presidential family to illegal drug trade in the country. Guevarra said the NBI will invite Advincula to determine the veracity of his allegations. “Peter Advincula can go to the NBI and present his evidence, if he has any,” he said, in an interview. But he also warned Advincula that he could be in trouble if he fails to prove his allegations. “If the NBI finds that Advincula had nothing to show by way of competent evidence, he might find himself in the same boat as Rodel Jayme,” he said, referring to the man arrested for sharing the Bickoy videos on a website he created.

By Nat Mariano

RESIDENT Rodrigo Duterte, bidding to prevent further destruction of the war-torn city of Marawi, plans to build a military camp there, the Palace said on Tuesday as the government’s rehabilitation efforts remained in full swing.

just like any other client seeking legal advice for their cases, adding that he was accompanied by several nuns. Fajardo said the IBP has yet to determine whether to accept Advincula as a client since they still have to evaluate both his motives and the merits of his case. Fajardo said his case will be handled by the National Center for Legal Aid, the national ofﬁce of the IBP which is designated to handle legal aid cases. He said the NCLA is an autonomous body from the IBP whose evaluation of cases are not reviewed by the IBP board of governors. Fajardo said Advincula’s case will not be treated any differently from others seeking their legal assistance. The Palace, meanwhile, said it was convinced that the man claiming to be “Bikoy” was just a pawn of a still unidentiﬁed puppet master. Presidential Spokesman Salvador Panelo made the statement after Advincula, who claims to be Bikoy in the “Ang Totoong Narcolist” videos, sought the legal assistance of the IBP in Pasig City on Monday, claiming there are threats against his life. “Information about the criminal background of Advincula is starting to come out. It appears that he has been incarcerated in 2012 for conviction of illegal recruitment and large scale estafa, as well as for theft,” Panelo said in a statement. He also said there were reports that Advin-

A million... From A1

Actor... From A1

said AFP chief Gen. Benjamin Madrigal. “This also signiﬁes that we are all prepared and ready to be deployed in the different areas where our services and assistance are very much needed.” A total of 809 personnel and 28 vehicles from the AFP; 778 personnel and 23 vehicles from the PNP; and representatives from other stakeholders such as Department of Education and Department of Health were present in the ceremony. The send-off was largely ceremonial, as most of the troops have already been deployed in preparation for the elections. Madrigal reminded the troops to remain apolitical and non-partisan during the elections. “I would like to challenge every soldier, policeman, public servant and our fellow Filipinos to work together and remain vigilant during this crucial time in our history. We have long been aspiring for peaceful exercise of democratic right to vote, thus now is the opportunity right in front of us. Let us grab this chance and nurture it with our own lives,” Madrigal said. Comelec Commissioner Luir Tito Guia expressed her gratitude to all the soldiers, police, civilian employees and teachers who will serve in the upcoming election. The bulk of the troops, Madrigal said, will be deployed to critical areas in Mindanao, particular where threats from the Islamic State-inspired terrorists exist and in Luzon and Visayas areas confronting threats from the communist New People’s Army. “Our troops are ready for the job. While we expect security threats to continue and lawless elements to attempt to disrupt the elections in some areas, I must say we are fully prepared to face and address challenges that may come our way,” said PNP chief Oscar Albayalde. He told his men to exercise the highest degree of professionalism, dedication, integrity and courage in the performance of election and security duties. “And as your PNP chief, I expect discipline to rule your performance, discipline in implementing security operations, discipline in dealing with the community, and discipline in your collaborations with other agencies and stakeholders,” he said.With PNA

election as the running mate of presidential candidate Gilbert Teodoro, was disqualiﬁed to run for a congressional seat after the actor “committed false material representation on his citizenship” by failing to provide direct proof of his oath of allegiance to the Philippines. Meanwhile, a leader of the House of Representatives on Tuesday appealed to the Supreme Court to decide on a resolution questioning the corrections of voting centers made by the Commission on Elections. Deputy Speaker and Sulu Rep. Munir Arbison recalled that the Comelec recently corrected the voting centers it found to be disadvantageous to the Sulu registered voters. “Comelec cited the island barangay of Capual in Sulu with more than 3,000 registered voters, but their voting center remains on the mainland, which is more than three kilometers away from their docking points,” Arbison said. The Comelec’s Second Division granted the petition ﬁled in November 2018 by So-

Alexei, Rep. Jericho Jonas, and Margarita Ignacia, who passed the latest bar examinations, the results of which were announced the day before Nograles died. In jest, Gonzales admitted that Nograles was a “boastful” person, but said his friends and the people around him did not get annoyed “because of his kind heart.” “More often than not, he used [his boastfulness] to brighten and lighten our fellowship, promote camaraderie and make people laugh,” Gonzales said.

phia Patricia Gil, a San Juan City resident who claims Manzano misrepresented himself after he declared that he was a Filipino citizen when he filed his COC for the May 13, 2019 elections. The Comelec ruling said the “respondent was not a Filipino citizen at the time he filed his COC for a member of the House of Representatives for the lone district of San Juan City. “We therefore find that the COC of the respondent must be denied due course and/or canceled because he committed false material representation on his citizenship,” the Comelec said. According to the Comelec, Manzano was born to Filipino parents in San Francisco, California, in September 1955, “making him both a citizen of the Philippines and of the United States of America.” It also noted that Manzano had served in the US military before returning to the Philippines in the 1990s. Meanwhile, former Foreign Affairs chief Alan Peter Cayetano was thankful to the Comelec for its decision rejecting the disqualification case filed against him over the residence issue.

Claudette Guevara said in a statement. Guevara said technology is a key to clean and credible elections, as the AES sent the Philippines elections from the dark days of manual elections straight into the digital age in 2010. She said that while it took several election cycles, it seems that the technology handoff between Smartmatic and Comelec has ﬁnally been completed. “It’s encouraging to see the poll body all ﬁred up to run the automated elections completely on its own,” she said. Smartmatic’s role has been steadily diminishing over the last few election cycles and has been relegated to just being the system vendor and support in this year’s midterm elections. The company was involved in around 30 different processes in 2010. While Smartmatic is still setting up the transmission infrastructure this year, very few of its personnel would be on the ground on Election Day, De-

mocracy Watch said. This means that an overwhelming majority of election workers that will see action this year will be under the direct supervision of Comelec, which would be in control of most components from ballot printing to warehousing and logistics. “Kudos to both the Comelec and Smartmatic for this successful transfer of technology. This can only bode well for the country,” Guevara said. Democracy Watch Philippines said automation played a good part in minimizing human intervention which led to faster proclamations of winners and less incidents of pollrelated violence in recent elections. “It’s a testament to the soundness of the AES that it lends itself really well to being taught and transferred. By the same token, it’s a mark of Comelec’s competence that it has learned the system well enough not to need Smartmatic’s help this time,” Guevara said. The Comelec opened the AES to scrutiny and invited the public to ensure that the code has no insertions that could affect the results of elections.

Former Speaker Feliciano Belmonte Jr. said Nograles led an honorable life. “He was a bar topnotcher, successful lawyer, activist, public servant and a dedicated family man. He was so devoted to his family that in fact, even when many from our generation try to stay in power for as along as they can, Boy made sure that his children would beautifully and seamlessly transition into public life to take over and ﬁll his shoes,” said Belmonte, the current representative for the Fourth District of Quezon City.

Former House Secretary General Marilyn Barua-Yap said “Speaker Nograles set out to transform the House into a House of the People.” “For the ﬁrst time—under his watch, the House had a clear legislative agenda per session with speciﬁc target dates for various stages of the processing of bills,” she said. “I thank him for the privilege of serving as secretary-general of the House even after his term. He asked Speaker Belmonte to give me a chance to prove my worth,” she said.

Group... From A1

Beer... From A1 as they gear up for the global showcase that kicks off on Sept. 20 Japan is the first Asian country to host the World Cup and may be unfamiliar with rugby culture, organizers said, including a healthy thirst for beer—before, during and after the action on the pitch. Rugby bosses have warned host cities about running out of ale, using anecdotes such as when Australian and Irish fans drank the city of Adelaide dry, forcing emergency supplies to be brought in from surrounding areas. Around two million liters of beer were downed at stadiums and nearby areas during the 2015 Rugby World Cup with rugby fans having a reputation for outdrinking their football counterparts. Rugby culture “is not widely known in Japan”, admitted a spokesman for the World Cup organizing committee, confirming the message was being passed on to host cities. He added that hosts were keen to seize on the commercial opportunities and hoped to leave fans with a good impression to entice them back as tourists. Heineken is a global sponsor for the Rugby World Cup and will be sold at stadiums and other officially sanctioned areas. And brewer Kirin, which produces Heineken in Japan, said it will review ticket sales and other data to make sure there is enough beer flowing. AFP

Jobseekers’ law... From A1 signed into law the First-Time Job seekers Act, which he co-authored in the Senate. Senator Juan Edgardo Angara said this was a classic example of the government giving priority to the welfare of its people over revenues. While the law would lead to millions of pesos in foregone government profits, it would provide financial relief to cashstrapped job seekers, he said. “Searching for a job can be costly and this measure can help to ease a bit the financial burden first-time job seekers are faced with,” Angara said. “The costs of looking for work often lead to perverse outcomes where job seekers, having fallen into debt to meet these costs, find themselves worse off and even unable to pay for basic thngs like food.” Angara expressed hope that the law’s implementing rules and regulations would be expedited so that the recent graduates looking for work could avail themselves of the benefits under the new law. Senator Joel Villanueva hailed the recent signing of the First-time Job seekers Assistance Act (RA 11261) that waives government fees and charges on the documents needed by first-time job seekers for their employment. “We warmly welcome the signing of our bill into law as this will financially aid our youth in finding employment,” he said. Under the measure, those who can avail themselves of the incentive are the new graduates who completed the K-12 program, a bachelor’s degree or a technical-vocational course from any school, college, university or technical or vocational institution in the country. Students taking a leave of absence or those working part-time while enrolled were also qualified to avail themselves of its benefits, he said. Angara also said the new law would complement the Free College Education Law that he co-authored. Data show that job applicants pay as much as P2,000 for their employment requirements notwithstanding other expenses such as additional money for transportation and food, among other things. First-time applicants will only be asked to submit a barangay certification as proof that they are first-time job seekers. The law covers not only fresh graduates but also out-ofschool youth. According to a study by the Asian Development Bank, the regulations and restrictions on employment arrangements are one of the strong factors influencing school-towork transition.

TUCP... From A1 “Forcing workers and their families to subsist on nutritionally deficient meals for a long period will definitely have bigger repercussions on business, bigger costs to the government and the economy if continuously ignored,” Mendoza said. He said a vast army of undernourished Filipino workers was a definite outcome, which was detrimental to the country that prided itself with skilled and perceptive workers. Mendoza said the TUCP was raising the issue of workers’ nourishment as this had not been given attention. He said the increasing prices of goods and services due to the TRAIN Law and the compounding effects of the excise tax on fuel and the value-added tax were affecting millions of minimum-wage earners and their ability to afford proper nourishment. He said the mhe minimum-wage earners were feeling the brunt of the increase in petroleum products that had led to the rising prices of goods and services, especially since they were not benefiting from the TRAIN Law as they were already tax-exempt. “We feel the Philippine Statistic Authority’S P10,481 poverty threshold is having the effect of institutionalizing a policy of utter disregard for the workers� poor nourishment,” Mendoza said. The 2018 first quarter poverty and food threshold findings of the PSA says a monthly income of P10,481 is sufficient to sustain a family of five.

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MMDA chief urges filmmakers to produce ‘quality films’ By Joel E. Zurbano CHAIRMAN Danilo Lim of the Metro Manila Development Authority on Tuesday appealed to filmmakers to produce quality and innovative movies that will make Filipinos proud. Lim, who also heads the Metro Manila Film Festival, made the appeal as the agency extended its congratulations to last year’s entry “Rainbow’s Sunset” which drew raves at the 52nd Annual WorldFest in Houston, Texas recently. The MMDA chief praised the team behind the film “Rainbow’s Sunset” for making Filipinos, particularly the local film industry proud while at the same time pose a challenge to other production outfits that will join the film festival this year. “I hope that this will not be the first and last time that we will win big in international film festivals and there will be more success in the future,” said Lim during a press briefing at the MMDA headquarters. To honor the awardees, Lim conferred plaques to film director Joel Lamangan who won the Special Jury Prize; screenwriter Eric Ramos who bagged the Gold Remi Award for Best Story Innovation and best actor awardees and lead stars Eddie Garcia and Tony Mabesa. “We hope to receive quality and innovative entries to this year’s MMFF —excellent stories that will capture the hearts not only of many Filipinos but also the international audience,” Lim added. The deadline for submission of entries on script format for this year’s film fest is on May 31; deadline for Short Film Student Competition entries is on July 15; and entries for finished film format is on Sept. 20. “The MMDA and the MMFF will continue to back up our local films and filmmakers for the Philippines to have its rightful place in global filmmaking industry,” Lim said.

WEDNESDAY, MAY 8, 2019 mst.daydesk@gmail.com

OFWs infected with HIV up by 22% in February By Maricel V. Cruz

TOTAL of 88 overseas Filipino workers were recently diagnosed as human immunodeficiency virus (HIV)-positive in February, up 22 percent from 72 in the same month in 2018, an opposition lawmaker said on Tuesday. “The February cases brought to 6,433 the cumulative number of OFWs found living with HIV since the government began passive surveillance of the virus in 1984,” said Rep. Aniceto Bertiz III. Bertiz said OFWs now comprise 10 percent of the 64,291 confirmed cases listed in the National HIV/AIDS Registry as of February. The OFWs in the registry worked abroad within the past five years, either on land or at sea, when they were diagnosed HIV-positive, Bertiz said. Of the 6,433 OFWs in the registry, 86 percent, or 5,553, were male with a median age of 32 years. The 880 female OFWs in the registry

had a median age of 34 years. Of the male OFW cases, Bertiz said 72 percent were found infected via sexual contact among MSM, or men who have sex with men (2,328 from male-to-male sex and 1,674 from sex with both males and females). HIV causes AIDS, or the Acquired Immune Deﬁciency Syndrome, which destroys the human body’s natural ability to ﬁght off all kinds of infections. Though the condition still does not have any known cure, antiretroviral therapy has been known to slow down the virus. Bertiz called on the Department of Labor and Employment to deliver “highly improved support” to the

growing number of OFWs living with HIV, as mandated by the new AIDS Prevention and Control Law that took effect earlier this year. Section 37 of the new law obligates the Overseas Workers Welfare Administration, together with other agencies, to develop a program to provide stigma-free comprehensive reintegration, care and support for OFWs with HIV, Bertiz said. “Under the law, the economic, social and medical support is to be extended to all OFWs, regardless of employment status and stage in the migration process,” Bertiz said. Section 17 of the law also requires all overseas-bound Filipino workers as well as Philippine government staff for foreign posting to undergo a seminar on the causes, manner of prevention, and impact of HIV and AIDS, prior to certiﬁcation for deployment or assignment, Bertiz said. “The preventive education seminar is to be provided for free and at no cost to OFWs or to the staff concerned,” Bertiz said.

PH Navy acquires two anti-submarine helicopters By Francisco Tuyay THE Philippine Navy’s external and internal security capability to confront formidable foreign and local aggressors at sea would be enhanced with the acquisition of two sophisticated antisubmarine helicopters from the United Kingdom. The two Agustawestland “Wildcat” 159 helicopters currently used by the British Royal Navy and British Army arrived in the country Tuesday, according to Navy Flag-Ofﬁcer-in-Command Vice Adm. Robert Empedrad at the sidelines of the kickoff ceremony for military, police and civilian contingents for the elections. The modern attack helicopters were

acquired for P5.4 billion, which includes its munition, mission essential equipment, as well as integrated logistic support. “It’s a great leap to our capability that we have equipment that can locate subsurface, submarines, we can detect the submarines going through our waters,” Empedrad told reporters. The Agustawestland “Wildcat” has the capability to disable and sink submarines once hit by torpedoes upon detection. “It can detect and it can sink, it can destroy submarines because these choppers have torpedoes and it is not only for detection, it can destroy too, so, this has a good capability but because the waters are too wide, we will need more of it,” he added.

Empedrad said the British-made helicopters has also sonar capabilities which would be further augmented by the proposed upgrades of three Del Pilar class offshore patrol vessels. The helicopters, according to Empedrad, would be placed in service afer its blessing and commissioning at the Sangley Point, Cavite city yard on May 27 coinciding the Philippine Navy’s 121st founding anniversary. The two helicopters are to be integrated with two South Korean missile-armed frigates which are now being constructed by Hyundai Heavy Industries. The Wildcat helicopters is also armed with long-range rockets, machine guns, missiles, torpedoes and depth charges.

DOF told to name board members to Overseas Filipino Bank By Nat Mariano PRESIDENT Rodrigo Duterte has ordered the Department of Finance to expedite the vetting of candidates for the board members of the Overseas Filipino Bank, the Palace said on Tuesday. Presidential Spokesman Salvador Panelo said the order was made after the Department of Labor and Employment raised concerns on the savings bank for Overseas Filipino Workers. “The DOLE raised the concern on the Overseas Filipino Bank wherein there are still no appointments made on its board. The President [then] instructed the DOF to review these appointments,” he said in a statement. “Further, [the] DOF said that it’s trying to make the said bank a digital one, so that it will be easier for OFWs to use their smartphones in all of their transactions,” he added. As promised, the Chief Executive launched the said bank dedicated to address the ﬁnancial needs of Filipino migrant workers and their families. However, since its launching in January last year, the bank remains nonoperational. Asked on the matter, the Palace said the vetting and appointment for the members of the board caused the delay. “[Labor] Secretary [Silvestre] Bello [III said no one has been appointed yet as members of the board. That’s why the President told them [DOF] to quicken the vetting, so that he can appoint,” Panelo said. According to the Palace ofﬁcial, the delay in the operations of the said bank was only “natural” in the government. “You know, because of the workload in the government, it’s only natural,” he said. Nevertheless, Panelo said the Duterte administration prioritizes the concerns of the OFWs.

CONGRATULATIONS! Department of Finance

122

Anniversary

Carlos Dominguez III Secretary From: Atty. Ferdinand Martin G. Romualdez President, Lakas-CMD Cong. Yedda Marie K. Romualdez Representative, 1st District of Leyte

CYAN MAGENTA YELLOW BLACK

Opinion

WEDNESDAY, MAY 8, 2019

mst.daydesk@gmail.com

Compromise or compromised? THE Commission on Elections has recently been under fire amide news that the National Movement for Free Elections will no longer serve as the citizens’ arm for next week’s midterm elections. According to reports, NAMFREL declined its accreditation because the Comelec did not allow it to gain access to sensitive information.

What is the real reason behind NAMFREL’s move? NAMFREL expressed its thanks for the accreditation, but said “without open access to information and data, petitioner NAMFREL is unable to participate in the random manual audit because its inaccessibility diminishes the verifiability separately provided during the RMA.” My gulay, NAMFREL has been the Comelec’s citizen arm since the 1980s! It has been an election tradition to have NAMFREL verify election results. At first impression, it sounds like the Comelec is doing some sort of obfuscation, but we all have to remember that in previous elections, NAMFREL was given access to sensitive data. The RMAs done with the guidance of the Philippine Statistics Authority all turned out fine. So this begs the question. Why does NAMFREL need access to sensitive data? Is there no compromise that can be reached, especially since it is the duty of the Comelec to protect the data of the electorate? NAMFREL’s act of declining the accreditation shows that it wants all or nothing. They are definitely not open to compromise. Then again, Namfrel National Chairman Gus Lagman may have a few ideas of his own. Now that the COMELEC fully owns the Automated Election System, having restricted Smartmatic to a very limited role, NAMFREL’s vigilance is needed more than ever.

This will be the first time that the COMELEC will run the whole automated election practically by itself. Not having a citizen arm will put the COMELEC in a position that would make it hard to defend the legitimacy of the AES. At the risk of sounding like a conspiracy theorist, such a scenario would benefit NAMFREL. The chairman of NAMFREL has established for himself the reputation of being a crusader against electoral fraud. Noble, indeed. We have to remember, however, that Lagman has been peddling around the Precinct Automated Tallying System which was tested, and which spectacularly failed on June 27, 2015. PATaS is a hybrid election system— manual counting and automated trans transmission. It was proposed to the COMELEC as an alternative to Smartmatic’s system. It was rejected because it was much slower and more prone to human error and intervention. It was also more expensive to maintain than what the COMELEC was using back then. Intuitively, I agree with the Comelec. Why would we go back to manual when we are already finally at a point where the process is fully automated and fast? Santa Banana, that is the opposite of progress! That does not mean I am not open to changing the technology provider. But if it’s a step in the wrong direction, it is better to stick to what we have for now while looking somewhere else. So as much as I would like to think that NAMFREL’s intentions in declining are for the good of the people, its link with PATaS casts a shadow of doubt. Given the ties of some people to a system that has been rejected by the Comelec, it would seem convenient for some people to make up excuses to not support the Comelec and set it up for perceived failure. Again, I am not a conspiracy theorist. But perhaps the intention would be clearer if the bearer of the message is not as compromised. *** On or before the weekend, Social Weather Stations and Pulse Asia will again release results of their surveys on the Senate race. Although I must say that their findings are not cast in stone, they still tend to create a bandwagon effect on some people. I am not saying that poll surveys

Adelle Chua, Editor

EDITORIAL

A powerful decision

E WELCOME the Supreme Court decision to reject the orders of the Energy Regulatory Commission that allowed power supply agreements between Manila Electric Co. and power generation companies without public bidding. The decision should put an end to sweetheart deals between Meralco and its sister companies engaged in power generation that could disadvantage millions of its customers. Voting 9-2 in a special session on May 3, the Court granted the petitions of consumer group Alyansa Para Sa Bagong Pilipinas Inc. and the Bayan Muna Party-list group to strike down the 2015 resolutions of the ERC that postponed the implementation of a Department of Energy policy requiring the competitive selection process for all power supply agreements. The Court ruled that the ERC committed grave abuse of discretion in issuing resolutions that postponed the implementation of a circular that mandated all distribution utilities to undergo a competitive selection process in securing power supply agreements. The ERC’s authority is limited to carrying out the competitive

selection process in accordance with a 2015 Department of Energy circular, said Senior Associate Justice Antonio Carpio, who wrote the majority decision. “The delegated authority to implement CSP does not include the authority to postpone or suspend CSP for 20 years, beyond the seven-year terms of office of the ERC commissioners postponing or suspending the CSP, and beyond the seven-year terms of office of their next successors, as well as beyond the six-year terms of office of three Presidents of the Republic,” the Court said. This will compel distribution utilities like the Meralco to enter into a competitive selection process instead of earlier deals that advocates say could burden consumers for 20 years.

The decision stemmed from a November 2016 petition by the Alyansa Para sa Bagong Pilipinas that questioned ERC resolutions that effectively allowed power distributors like Meralco to escape the competitive selection process and enter into negotiated deals. Alyansa said that at the time, Meralco had seven applications with the ERC that were results of self-negotiated deals. Alyansa said Meralco consumers could be burdened for 20 years because the deals would supposedly allow the company to "pass on to consumers selfnegotiated rates with sister generators," when the Electric Power Industry Reform Act intended to provide the least cost to consumers. The Court decision represents a major victory for consumers, but we have yet to see how this will play out in a power supply industry dominated by large private corporations that, by their nature, are driven by profit. The larger question remains, as well, on why Epira has failed so miserably in its goal to bring down power costs to consumers since the law was passed in 2001.

Turn to A5

Stripper

SENATORIAL candidate Christopher “Bong” Go stripped for the cameras to show he does not have a tattoo as alleged by suspects claiming he and the President’s family are involved in the illegal drug trade in Davao. It was the second time the former Special Assistant to the President had taken off his shirt to prove he does not have any tattoo as claimed by accuser popularly known as “Bikoy.” “This is the last time I’ll take off my shirt to prove Bikoy’s claim I was the one he saw with tattoos on my back mixing with Davao drug lords,” said Go, adding that to do it again would make him look like a fool. The third placer in the latest Pulse Asia senatorial survey showed in a public rally in Laguna that all he had on his back were pimples, a birth mark and stretch marks that come with aging. Presidential Spokesman Salvador Panelo said the National Bureau of Investigation will press perjury charges against Bikoy and certain Liberal Party officials who used Bikoy to spread lies and black propaganda against President Rodrigo Duterte, his family and administration candidates. The Palace said the opposition is using foul play in besmirching the reputation of the President and his candidates. The Palace side has some truth in it. After all, this is the peak of the political campaign season. The President himself has denigrated the qualifications of opposition candidates like Chel Diokno, Romulo Macalintal and Erin Tañada, calling them low-class

lawyers. Mudslinging aside, it’s now up to the voters to discern who among the candidates are worthy of their votes. Who they pick in the May 13 midterm elections will determine the kind of life they live in the next three years before the 2022 presidential elections. But that’s another story. The Commission on Elections assured the public it is ready for the conduct of elections on May 13. Comelec spokesman James Jimenez said the printed ballots are ready and the vote counting machines to be used have been sealed.

Indeed this is the peak of the political campaign season.

elec Assurances of a clean honest elections are always given by the Comelec. But the people cannot be blamed for being skeptical. Politicians have a way of circumventing all the rules and regulations so they can win and stay in power. There’s the usual votebuying and election violence despite the Comelec ban on carrying of firearms. Their excuse: If I don’t carry firearms and go around with a private army, who will protect me from rival candidates? So, expect the flareup of election violence from the several hotspots listed by the Comelec. Meanwhile, the water level at the Angat Dam continues to dip to critical levels despite the cloud seeding and sporadic rain that fell in some parts of Luzon the other day. Both Manila Water and Maynilad concessionaires said Turn to A5

The economy

YOU can say that President Rodrigo Duterte is lucky. He is lucky that he has a good economic team headed by Finance Secretary Carlos Dominguez. He is lucky that the economy has been growing robustly despite all the incessant noise about extrajudicial killings, the harassment of the press, the persistent corruption and red tape in the government. Despite the fact that President Duterte himself has declared that his celebrated illegal drugs war has been a failure.

Not many people are aware of this: Even if the president of the Philippines were not Duterte, even if the president were non-performing, like in the case of The economy is so the unlamented President BS Aquino III, huge, the resources of the economy would just keep growing. Why? Simple law of physics and gravity. the country so rich and The economy is so huge, the resources enormous, and the people of the country so rich and enormous, and the people so talented and resilient the so talented and resilient Philippines cannot but keep growing. the Philippines cannot Under BS Aquino, agriculture, infested with massive corruption and incompe- but keep growing. tence, grew to its slowest rate; infrastructure was allowed to rot; and his yellow administration underspent to the tune of to 2016), the economy even grew by an P1 trillion. amazing 6.2 percent—one of the highest And yet, by the time Aquino was growth rates in Asia. This is a do-nothing Turn to A5 ending his six-year presidency (2010 Rolando G. Estabillo Publisher

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Opinion

WEDNESDAY, MAY 8, 2019

China’s social media troll ‘army’ wages war on Uighurs By Elizabeth Law THE Chinese troll army suddenly struck one evening, bombarding the Facebook pages of two pro-Uighur groups with an array of verbal grenades and offensive images. The social media onslaught was the handiwork of the self-styled Diba Central Army, a Chinese patriotic group that has targeted other pages in the past to defend Beijing. With China increasingly concerned about its global image over issues ranging from Taiwan—which Beijing sees as part of its territory—to draconian security in restive Xinjiang, Diba has served as a powerful online ally with its propaganda efforts. While the group's link to the state are unknown, its members have been lauded in state media as "patriotic grassroots voices." On April 10, several posts on the Talk to East Turkestan and Uyghur World Congress Facebook pages were strafed with a battery of images showing postcard-perfect pictures of happy people in Xinjiang with captions to the same effect. The images were stamped with the Diba Central Army logo. Other comments and images were either racially offensive or threatening, many referring to the pages as "terrorist groups." "A terrorist page, no different from ISIS," read one comment on the Talk to East Turkestan page. Another comment contained a Soviet era-style poster featuring a hand crushing brown and black people. Arslan Hidayat, one of the editors of the TET Facebook page, told AFP he realised something was out of the ordinary after he received more than 1,400 comments on a post within mere hours. "We're happy that this is happening because it means that the things we are sharing is angering the CCP [Chinese Communist Party]," Arslan said. "The Chinese are trying to downplay our efforts," he said.

Compromise... From A4

should not be believed. They serve a purpose: To enable those lagging behind to do better, and those on top to work even harder to maintain their position. But to have survey results come out just before election day is something else. This is why I believe there should be a law that bans polls a month before elections. They can only create a bandwagon mentality for many. At this point, most of the electorate have already made up their minds on whom to vote for. Sadly, for the masa, election day is something else. It is the time when they can get something in exchange for their votes. It’s really tragic to know that votebuying remains prevalent in both rural and urban areas.

The economy From A4

president; BS Aquino was the worst president in terms of lack of diligence, lack of hard work, and lack of empathy with the people. And yet, the economy under BS Aquino grew by a substantial 6.2 percent. In 2012, the economy even grew by 6.7 percent. It topped that with an even higher 7.1 percent in 2013, an election year. By 2014 and 2015, the economy was coasting at a comfortable 6.1 percent clip. How do you explain a robust economic growth of six years amid colossal incompetence, corruption and inaction? Simple answer: The PH economy is just too strong as to be brought down by outside of an intensity 10 earthquake. Now, under Duterte, the economy has grown by an average of 6.6 percent—6.9 in 2016, 6.7 in 2017, and 6.2 in 2018. You can say the 6.9 of 2016 and 6.7 of 2017 were momentum effect growth rates. So 6.2 percent of 2018 is the more realistic growth under Duterte. He achieved 6.2 percent despite the worst rice crisis in 50 years, the highest inflation rate in 11 years, unprecedented interest rate increases, a worsening water shortage, a sharp surge in oil prices, and a budget deficit that is higher than budgeted. Department of Finance Chief Dominguez told a forum in Washington DC on April 30: “Today, the Philippines is one of the fastest growing economies in the world. Reaching this milestone in our development story is attributable to many years of hard work—especially in building a strong fiscal position and a bureaucracy honed to the task of catalyzing growth.” “Our economy has been growing at an

Beijing has attracted widespread criticism for placing an estimated onemillion Uighurs and other mostly Muslim Turkic-speaking minority groups in internment camps, which it describes as vocational education centers aimed at preventing religious extremism. Diba counters that the camps are lies being spread by foreign powers. Fifty-cent army The Diba "army" spawned out of a fanpage using the nickname for a popular Chinese ex-footballer—who is not associated with the group—and now boasts more than 20-million users across various social media platforms, each representing a "platoon" It even gives mainland Chinese instructions on how to use software to circumvent China's Great Firewall, which blocks sites such as Facebook. The group is known colloquially as a "fifty-cent army"—people paid to post patriotic comments on social media. Diba rejects the label. But observers say its tactics are right out of the playbook of the United Front Work Department—an umbrella department governing issues ranging from minority rights, religion and overseas Chinese communities. While the department did not respond to AFP questions, state media has given Diba their seal of approval, lauding the group as "patriotic" for their "crusades" against falsehoods about China. The April 10 memes were created to mock "biased and fabricated reports about Xinjiang," organizer Yin Yuancheng told the state-run tabloid Global Times. World Uyghur Congress program coordinator Peter Irwin told AFP the attack shows the "growing anxiety" from the Chinese Communist Party "rushing to defend what many now consider crimes against humanity." Groups like Diba use similar modus operandi by exploiting Facebook's comment-ranking algorithm so the public sees the spam comments first, said Raymond Serrato, a social media analyst

with Avaaz, an international civic rights group. "It's a rather perverse attempt to manipulate public perceptions about people, groups, or incidents which are dangerous to state actors," Serrato said. "The question is always how to attribute these kinds of campaigns and to what extent they are in fact non-state actors engaged in 'pro-social' activity or actually somehow related to government authorities." Next target Diba remains a secretive group despite its widespread social media presence. To join its Facebook group, new users have to answer a series of questions on China's Anti-Secession Law, whether a lack of democracy is acceptable, and a promise to abide by group rules. Diba divides itself into platoons and conducts each operation with military discipline, attacking the page of Taiwanese President Tsai Ing-wen in the past. An AFP check showed that most accounts that commented on the Uighur pages had been set up for this specific purpose, with generic profile pictures and few friends. The attack on "separatists and extremists" was first announced on the group's various pages along with guidelines and suggested memes. Despite the abuse, moderators said they had to manually remove thousands of comments because Facebook's algorithms had not been triggered. The social media giant said it is working on several ways to detect and disrupt spam comments. "In this case, we have removed content and accounts that violate our policies, and will continue to investigate and take action on any abusive behavior we find," a Facebook spokesperson told AFP in an email. "We know our job is never done when it comes to finding and removing abuse, and we'll continue to invest in the teams, technology, and tools required to reduce abuse on our platform." AFP

I am not predicting anything. All I am saying is that voters should not be swayed by surveys. There are so many imponderables in our kind of elections. I also hope that the winners would remember that their duty is to defend and uphold the Constitution, not to defend any individual. The country needs more independentminded senators rather than alalays or lackeys. *** Two members of Otso Diretso who I believe should be in the Senate are Chel Diokno and Erin Tanada.

It’s really poverty dragging down the nation—poor people have the attitude that elections are a time for them to get something in exchange for their votes, *** There are many horror stories about the Chinese in the Philippines. For example, there were reports that two Chinese nationals were smoking at a fastfood chain. They ignored the waiter who told them that smoking was not allowed. When the guard approached then, they offered money to the guard! They must think all Filipinos can be bribed! And then, some Chinese nationals are reportedly going around gated villages offering homeowners rental fees way above the current rate, and paid in advance at that! Some homeowners have reportedly accepted these offers.

Both are scions of senators who made their name in politics through independence, integrity and honesty. In a democracy, there must be assent and dissent. Without these, there could only be tyranny. Unfortunately, those who do get into www.emiljurado.weebly.com the Senate are not who we wish for. average of 6.5 percent during the first 10 quarters of President Rodrigo Duterte’s administration,” asserted Dominguez, adding: “The results of the last three years have clearly demonstrated our resolve and success. In 2016, our people chose a leader of proven political will, a record of pragmatic leadership and a commitment to sweeping reforms. President Rodrigo Duterte presented a 10-point socioeconomic agenda of governance that emphasized continuation of pro-market macroeconomic policies, a progressive tax reform program, improvements in the ease of doing business, a more transparent and responsive government, increased investments in our human capital, and enhancement of peace and order.” Additionally, crime volumes went down, a Bangsamoro Autonomous Region is now in place, a Build, Build, Build spending exceeded 5 percent of GDP for the first time in our history (and will entail $170-billion funding), and best of all, according to Dominguez, “a comprehensive tax reform program—the first one to be undertaken by the Philippine government without the compulsion of an economic crisis—is well on its way to full enactment.” The people can distinguish between solid performance under Duterte and vaporware under BS Aquino. If surveys are correct, none of the eight opposition candidates for senator will make it. All the 12 winning senators are pro-Duterte— Cynthia Villar (her husband is now the unrivaled richest Filipino with probably understated wealth of $5 billion), Grace Poe, Lito Lapid, Pia Cayetano, Bong Go, Sonny Angara, Bong Revilla, Bato dela Rosa, Nancy Binay, Koko Pimentel, Imee Marcos, and Jinggoy Estrada. It is not the best Senate team you can

muster or want. In the 1960s, 10 of 24 senators were bar topnotchers, and two-thirds of the senators were lawyers. In July this year, our Senate will have only one bar topnotcher (assuming he wins), Koko Pimentel. The same Senate is building a P15billion palatial Senate Complex in Taguig where every senator will have a whole floor to himself/herself. This is the same Senate that tripled the price of your orange juice under a new tax that taxed both the sugar and the water that contains the sugar. Only the sugar should have been taxed. But then the senators don’t understand chemistry although they understand the brick and mortar of a building. Under Duterte, does anyone need the Senate? A credit rating upgrade is better appreciated than a lame Senate. On April 30, S&P upgraded the Philippines’ credit to “BBB+,” with “stable outlook,” a rating below “A”. Both “BBB+” and “A” are investment grade, but “A” always sounds better. Said S&P: “The Philippines has above-average economic growth, a healthy external position, and sustainable public finance.” What does BBB+ mean to you and me, ordinary borrowers? Nothing much really. We will pay the same high interest rates for our loans. We will pay the same atrocious interest rates charged by your credit cards—8.5 percent per month (102 percent a year) even for purchases you just made this morning and are not yet due to be paid. The BSP, which is now pro-poor (the common term for inclusion) should look into the oppressive practices of credit cards. They explain why the five biggest banks make P2 billion in profits monthly. biznewsasia@gmail.com

mst.daydesk@gmail.com

Fewer is better

A FRIEND asked me, in reaction to my Monday article, what I was proposing when I said we had far too many elective positions, yet still get poor governance. So in this article, I will state my case. We have elections every three years: one for the president and his vice president; 12 senators; One district congressman, one provincial governor, his “vice” and board members which are grouped into districts as well; one mayor of a component city or municipality, his “vice” and a number of councilors. If we vote in a highly urbanized or chartered city that is independent of the province, we elect a city mayor, his vice mayor and councilors. Alternatively, we have mid-term elections where except for the president and vice president, we vote for the same number of national and local officials. This is because we have 24 senators elected nationally and serve for six years, half of whom we vote for every three years. We have to fill up a ballot with a multitude of names, shading the ovals beside their Comelec-assigned number, including parties under the partylist system to sit a third of congressmen in our House of Representatives. This year, there are some 170 or so, ad nauseam. We spend billions upon billions for elections, which is of course needed in a functioning democracy. We have to declare Election Day a holiday, and this year, even the day after is one. Candidates and their “financiers” spend billions upon billions every three years, and we even credit these huge expenditures for the year’s GDP growth. And lest we forget, we also elect barangay chairmen and his seven kagawads. Plus those between the ages of 15 and a day before 18 by election time also elect Sangguniang Kabataan in every barangay. Still, do we get good government in return? Ask a silly question, given our experience over the last three decades. It is very difficult to remove the barangay, which is the smallest political unit. It probably is time we abolished the Sangguniang Kabataan, which only politicizes the relatively immature adolescents when they should be concentrating on their studies. And with “models” from barangay chairpersons to councilors to LGU heads, even national officials, do we really educate them in good governance, or teach them the ways and means of how to personally profit from public service? We have far too many elections because we elect far too many officials, which just complicates governance and makes politics a national past-time, an obsession for many who would be better off working in private offices, in factories, in farms, and contribute to economic growth. Thus I propose that we revise our Constitution, not necessarily to federalize as yet, but to reduce the number of elective posts, whether local or national. First off, let us bring back the twoparty system if we are to retain the presidential form of government. The multi-party system, which could work in a parliamentary form, has become a mere instrument for personal ambitions instead of being principle-driven. Next, let us institute bloc voting for national and local executives, which means a president, a governor, a mayor will always be elected together with their “vice” candidate. Let us elect senators by region. That would be less expensive for the candidates (less utang na loob to the oligarchs who fund national campaigns), and voters would be more familiar with their senators, their good and bad side. At say two per region, that would

Stripper From A4

the low water supply in many parts of Metro Manila could continue up to end of June. Our advice: Stack up your drums and pails with rain water when it pours. Although rain water is not for drinking, it can be used to flush the toilet and to water plants. The survival of vegetables and fruit crops may be harder because of the parched soil in many large parts of the country’s

mean a Senate of 34 members. In the US of A, there are 100 senators, with each state electing two to the federal senate, whether tiny Rhode Island or huge Texas, rural Montana or urban New York. Let us abolish the provincial board and the city and municipal councils. In Manila for instance, councilors meet twice a week for their sessions. And on top of their salaries, they get their own share of “pork” from the barrel, plus “allowances” from PAGCOR for hosting casinos. Most provincial boards also meet twice a week, and even in those sessions, do they produce significant legislation for the province? Hardly.

I propose that we revise our Constitution, not necessarily to federalize as yet, but to reduce the number of elective posts, whether local or national. po Since it would be most difficult politically to abolish the barangays anyway, and since they are the front-liners in attending to the day-to-day public service needs of their constituents, let them constitute the municipal or city council. Most towns have only a dozen or so barangays. Let them meet twice a week and craft municipal ordinances. In big cities where there are say, 80 barangays like Cebu City, let the 80 barangay chairpersons elect their representatives to the council among themselves. Meanwhile, let us rationalize the number of barangays. Manila has 890 or so barangays, with some having less than 300 registered voters, while Cebu City has a bit less than 800,000 registered voters; Manila has about a million, but it has 890 barangays compared to Cebu’s 80, or Butuan City with 87 barangays for about 250,000 voters. See what I mean? All the municipal mayors will constitute the provincial board to legislate. Siquijor and Batanes, for instance, have less than 10 municipalities. In bigger provinces like Bohol or Pangasinan with some 40 or more municipalities, let them take turns in the board, at two to three years each within a term of six years. Let us give every elected official a term of six years, with the president eligible for reelection, along with his party chosen vice president, so too with the governors and mayors. Good leaders are hard to find, so why limit their service to one term? Twelve years of a good leader would provide policy and program continuity. A recall for bad leaders can be institutionalized, just as impeachment will remove a bad president. Thus, we will vote for only the following every six years: One presidential tandem (1), two senators (2), one district congressman (1), one gubernatorial team (1) one municipal tandem (1). Six names. We don’t even have to automate, because six names would be so easy to write down as well as to canvass. In highly urbanized cities, voters need write only five names. Then we separately hold, as midterm, our barangay elections, with a chairman and six council members. No more SK. Seven names. These will also serve for six years. We have few barangay and municipal health workers, let alone doctors. We need more teachers. We need more policemen and soldiers. We need more traffic aides, more agricultural technicians. All these appointed public servants need college degrees and/or civil service eligibilities under our laws, even pass professional examinations to practice their craft. Yet our Constitution allows idiots and brigands who know only how to read and write to be elected. What a country! agricultural fields. Agriculture Secretary Manny Piñol and other officials tasked with overseeing the country’s food supply could lose their jobs after the elections. Why after and not now? To fire them now would give the opposition grist to criticize the government’s agricultural policy and ineptitude of certain Cabinet officials. That would mean the loss of administration senatorial candidates who are at the far end of poll surveys. That would of course thwart President Duterte’s bid to control both the Senate and the House.

CYAN MAGENTA YELLOW BLACK Manila

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TODAY WEDNESDAY, MAY 8, 2019 A6 mst.daydesk@gmail.com

Over 7,000 travelers stopped at NAIA

EXPRESSWAY TRAGEDY. A Hyundai van is a sight total wreck after accidentally rolling out of its lane at the North Luzon Ecpressway to the service road after the tire exploded that resulted in one dead and 14 injured along Lawang Bato in Valenzuela City. Manny Palmero

By Vito Barcelo MORE than 7,000 Filipino travelers, most of them believed to be victims of human trafficking syndicates, were stopped from leaving the country during the first quarter of the year due to the Bureau of Immigration’s intensified campaign against human trafficking. BI Port Operations Division Chief Grifton Medina said 7,311 passengers’ departures were deferred from January to March for failure to comply with requirements for overseasbound travelers. “We have been very careful in assessing these travelers as we wanted to ensure that they will not be victimized by human traffickers and illegal recruiters,” Medina said. He stressed that the BI officers were duty-bound to strictly screen departing passengers because they “constitute the last line of defense in the government’s drive to combat trafficking in our ports.”

Pimentel wants stiffer penalties By Macon Ramos-Araneta SENATOR Aquilino Pimentel III, wanting to avert damage to properties and loss of lives, wants stiffer penalties, which include longer prison terms, to be imposed on those who will be found guilty of reckless imprudence and negligence. Pimentel III has filed Senate Bill No. 118, amending Article 365 of Act 3815, also known as the Revised Penal Code., which he said would serve as a deterrent if enacted into law. “One of the purposes of criminal laws is the protection of members of society from potential wrongdoers. These laws are directed against acts or omissions which society does not approve of and therefore serve as deterrents against incidents that may claim lives or cause damage to property,” he said. He also called for the disqualification from probation those who will be found to have intentionally committed reckless imprudence or grave felony that resulted in the death of a person. The senator cited the 2014 Bulacan State University field trip tragedy, Kentex slipper factory fire and the sinking of M/B Kim Nirvana in 2015, candy poisoning in Caraga region few years ago and a number of other vehicular accidents.

N OTICE Notice is hereby given that AXEIA DEVELOPMENT CORP. with office address at 5th & th 6 , Westar Building, 611 Shaw Boulevard, Kapitolyo. Pasig, is applying for registration with the Board of Investments (BOI) as a new developer of economic and low-cost housing project (The Steps @ Nuestra Señora Dela Paz Subdivision) with a capacity of 168 economic and low-cost housing units on a nonpioneer status, with project site located at Brgy. sta. Cruz, kakalog, Antipolo City. Any person with valid objection/s on the abovementioned project may file his/her objection in writing, under oath, with the BOI within three (3) days from the date of this publication. (SGD.) ANGELITA F. ARCELLANA Officer-In-Charge Infrastructure and Services Industries Service

Pangasinan solon, associate tagged By Rey E. Requejo

ANGASINAN Rep. Amado Espino Jr. and one of his alleged associates have been tagged by two of their purported employees of involvement in the sale and distribution of fake Marlboro and Philip Morris cigarettes in Metro Manila and nearby provinces.

The admissions were made by Lawrence M. Ocampo and Renato M. Alonir, who were arrested by agents of the National Bureau of Investigation in Taytay, Rizal last April 15, for alleged violation of the provisions of Republic Act 8293, or the Intellectual Property Code of the Philippines, particularly Section 155, which penalizes a person who, without the consent of the owner of the registered mark, uses in commerce any reproduction, counterfeit, copy of a registered mark in connection with the sale, offer-

ing for sale, distribution of any goods or services, which such use is likely to cause confusion, mistake or to deceive. NBI agents apprehended Ocampo and Alonir for selling and distributing 12 boxes of fake cigarettes, some of which bore photos of Pogi Espino, a politician apparently running for gubernatorial race in Pangasinan. In a two-page sworn affidavit submitted to the NBI before they were released last May 3, Ocampo and Alonir claimed to have been working for a long time for

Espino and his associate Dong Calugay. According to Ocampo and Alonir, Espino and Calugay were allegedly the ones running the operation for the delivery and distribution of fake Marlboro and Philip Morris cigarettes in Metro Manila and nearby provinces. “Kami po ang tagahakot at hatid ng mga pekeng sigarilyo ng Marlboro at Philip Morris sa kalakhang Maynila at karatig bayan po nito,” they said in Filipino. The two further stated that they were shocked to learn that Espino and Calugay sent some of their men to their families looking for them, demanding them to explain why the two made statements to the NBI implicating them in the selling and distribution of fake cigarettes. They also stated that Espino’s men made a threat to kill them. The affiants said they now feared for their lives apparently because their employers Espino and Calugay wanted

them dead following their arrest by the NBI. Ocampo and Alonir asserted that if anything bad happened to them, they were holding Espino and Calugay responsible since the latter were the ones running the illegal distribution and sale of fake cigarettes in Metro Manila and nearby provinces. In November last year, a composite team from the NBI and Bureau of Internal Revenue busted a factory engaged in counterfeiting popular cigarette brands after a raid conducted in Barangay Portic, Bugallon in Pangasinan. The raiding team from the NBI-Intellectual Property Rights Division and BIR found 28 workers, including 5 Chinese nationals, working at the factory under the name of a certain Dong Calugay and John Does. A highly placed source revealed that one of John Does is a candidate running for congressman.

Ecowaste asks schools to remain non-partisan By Joel E. Zurbano

ENVIRONMENTALIST group Ecowaste Coalition on Tuesday asked school officials to remove illegal campaign materials at polling places and maintain nonpartisan this coming May 13 elections. “We appeal to concerned school principals to ensure that the entire school premises, including the frontage, fences, walls and sidewalks, are free of election propaganda materials,” said Ecowaste national coordinator Aileen Lucero. “As littering is a common environmental offense during the election day, we urge schools to post visible signage that will remind voters not to litter sample ballots or ‘kodigo’ at the school premises,” she said. To promote compliance to the rules on lawful election propaganda, the group urged all agencies deputized by the Commis-

sion on Elections to intensify the removal of oversized and misplaced election campaign posters. “To encourage respect for the rule of law, we urge agencies authorized by the Comelec to conduct nonstop removal operations of posters and other campaign materials that are oversized or displayed in forbidden places,” Lucero said. “Despite repeated warning, we find lots of campaign materials nailed or stapled on trees, or hanging in lamp posts, bridges, waiting sheds and other inappropriate places,” she said. Among the agencies designated by the Comelec for the purpose of dismantling unlawful campaign materials are the Departments of Environment and Natural Resources, Interior and Local Government, Public Works and Highways, and Transportation, the Metro Manila Development Authority, and the Philippine National Police.

WEATHER MONITOR. PAGASA weather forecaster Benizon Astereja monitors Tuesday the two low pressure areas in Laoag City, capital of Ilocos Norte. Manny Palmero

(MS-MAY. 8, 2019)

Manila

the illegitimate child may use the surname of the father; that Article 176 gives lIlegitimate children the right to decide. if they want to use the surname of their father or not; that petitioner during’ his minority had continuously IN THE MATTER OF THE PETITION FOR been under joint custody of his parents, herein CHANGE OF NAME/TO ADOPT FATHER’S respondents Romeo Bea and Benedicta Varon NAME OF JHON PAUL VARON, who exercised parental authority over him and Assisted by: provided him support, financial and otherwise; BENEDICTA O. VARON, that petitioner through his mother exercised Mother Petitioner, the right to use his surname and opt to use - versus R-QZN-19-02238-SP the surname of his father, respondent Romeo; 1) THE LOCAL CIVIL REGISTRAR OF and that petitioner should be allowed to use/ QUEZON CITY bear the surname of his father to permit him to 2) THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL OF THE PHILIPPINE synchronize their records, to avoid confusion of their true relationships and to give petitioner STATISTICS AUTHORITY (PSA) formerly NATIONAL STATISTICS OFFICE (NSO), peace of mind in his future private and public 3) ROMEO M. BEA, and transactions. 4) ALL OTHER INTERESTED PARTIES, WHEREFORE, notice is hereby given that the Respondents. x---------------------------------------------x petition will be heard before this Court sitting ORDER at Room 221, Hall of Justice, Diliman Quezon City, on June 17, 2019 at 3:30 o’clock in the (Notice of Hearing) A verified petition was filed praying for the afternoon at which date and time, all persons change of name of Jhon Paul Varon, alleging as interested and concerned may appear and follows : that petitioner, assisted by his mother, show cause, if any, why the petition should not Benedicta O.Varon, was born on January 15, be granted. 2001 to Benedicta O. Varon and Respondent Let this Order be published for three (3) Romeo who remain to be unmarried; that though consecutive weeks in a newspaper of general considered illegitimate, petitioner, from the time circulation to be chosen by raffle. Likewise, of his birth, has always used the surname of his petitioners are ordered to serve a copy of the father, “BEA”’ as his last name and the surname petition on the Office of the Solicitor General, of his mother “VARON” as his middle name in the Civil Registrar General, the Office of the all his records, both private and public; that City Prosecutor of Quezon City and to the other the full name, Jhon Paul V. Bea was the name respondents, and to submit proof of service which both his parents had taught petitioner to thereof. write as child; that from the provisions of Article Moreover, the Civil Registrar General and any 176 of the Family Code of the Philippines person having or claiming any interest in the as amended by Republic Act No. 9255, the petition may file opposition/objection thereto general rule is that an illegitimate child shall within fifteen (15) days from notice, or from the use the surname of his or her mother; that the last date of publication of this Order. exception provided by RA 9255 is in case his or her filiation is expressly recognized by the father SO ORDERED. through the record of birth appearing in the Quezon City March 18, 2019. civil register or when an admission in a public (Sgd.) CATHERINE P. MANODON Judge document or private handwritten instrument is made by the father; that in such situation, (MStandard - May 1, 8 & 15, 2019)

Republic of the Philippines REGIONAL TRIAL COURT National Capital Judicial Region Quezon City, Branch 104

Standard LU SHUN EXPORT AND IMPORT INC. TODAY Recruitment Ad

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MARANAW LUZON SHIPPING COMPANY, INC. NOTICE OF RESIGNATION NAME POSITION MARY ROSE DELANTAR KING MED. TRNG. OFFICER ROCHELLA BUKARIN PADILLA ADMIN. ASSISTANT MARICON ROTONI REYES ADMIN. CLERK

DATE 6/30/2018 7/2/2018 2/28/2019

NOTICE OF DEATH JESUS BOBIS BORRE BONIFACIO CAINGCOY BRETAÑA

OPERATIONS MANAGER TRAINING MANAGER

11/15/2018 12/1/2018

Railway proposed for Mindanao WITH the construction of the first railway in Mindanao finally happening this year, reelectionist Senator Sonny Angara reiterated his proposal to create the state-owned Mindanao Railways Corp. that would oversee the efficient operation and maintenance of the future train system in the country’s second-largest island. Angara said the proposed “MindaRail” would serve as an instrumentality of the government in providing a railway system that would potentially bring peace, economic development and poverty reduction in Mindanao. “After years of conflict and neglect, Mindanao and its people will get to experience long-overdue progress once the railway system is completed,” said the lawmaker, who is running under the platform “Alagang Angara.” Angara made the statement as he wel-

comed the assurance from the Department of Transportation that the actual construction work for the first phase of the muchawaited Mindanao Railway Project will start on the fourth quarter of 2019. The 102-kilometer railway would link the cities of Tagum, Davao and Digos after its construction over the next three years. The DoTR aims to begin operations of the railway by 2022. In 2016, Angara filed Senate Bill 137 seeking to establish MindaRail, which would have a capital stock of P1 billion and create an 11-member board, all to be appointed by President Rodrigo Duterte. MindaRail will have its head office in Davao City. Once completed, Angara said the Mindanao train system would allow the island’s urban centers and growth corridors to be linked by rail. Macon Ramos-Araneta CYAN MAGENTA YELLOW BLACK

CYAN

Sports

WEDNESDAY, MAY 8, 2019 sports_mstandard@yahoo.com

Boxing chief criticizes IOC over threat of Olympic suspension

OLD COAST, Australia—Amateur boxing’s crisis-hit governing body Tuesday said it had done everything asked to clean up its act and warned of legal action if stripped of the right to organise the event at the Tokyo Games.

The International Olympic Committee has frozen the sport’s preparations for next year’s showpiece competition as it seeks proof that the International Boxing Federation has done enough to address allegations of bout-fixing at the Rio Olympics in 2016. A decision on whether it will run the boxing programme in Tokyo is set to be

made on May 22. If barred, the IOC has said it will step in to ensure the sport still appears in the Japanese capital. AIBA said in a statement to AFP that it will “defend its legitimate right” to organise boxing in Tokyo and “will review all of its options, including legal, given that the IOC has breached the Olympic Charter”.

The AIBA executive committee will meet on May 18 in Lausanne to fine tune its position. The governing body’s chief executive Tom Virgets insisted they had met all the requirements stipulated by the IOC. “We believe as an organisation that we have done everything that has been asked by the IOC,” he told AFP on Australia’s Gold Coast at a summit of sports federations. “Every single document asked, we produced, every single requirement we have met, including our president selfsuspending, the same manner as IOC

members self-suspend when they have problems.” Controversial Uzbek businessman Gafur Rakhimov stepped down as head of AIBA in March, which the IOC deemed as the first step towards meeting the required standards. He was replaced as interim president by Moroccan physician Mohamed Moustahsane—the fourth head of AIBA in 18 months. Relations between the IOC and AIBA were hit hard at the Rio Olympics when 36 officials and referees were suspended amid allegations of bout-fixing. AFP

PH bets join 30th Summer Universiade THE Philippines’ preparations for its participation in the 30th Summer Universiade to be held in Napoli, Italy from July 3 to 14, 2019 are in full blast. The Federation of School Sports Association of the Philippines is sending a delegation of competitive athletes to the Summer Universiade, featuring the most prominent university students from all around the world. The country is taking part in the following events, athletics, archery, diving, swimming, table tennis, lawn tennis and taekwondo. Alvin Tai Lian, FESSAP Chairman of the Board, is the Philippines’ Head of Delegation to the Napoli Universiade. Newly elected as FESSAP President Angel Ngu is designated as the country’s Flag-Bearer during the opening ceremonies of the Napoli Universiade, a multi-sports biennial spectacle that is considered as the Olympics at the university level. The first batch consists of archery athletes from the University of Baguio. They are Jayson Mendoza, Allen Raquipo, Loren Balaoing, Andrea Robles, and Shanaya Dangla. The team’s head coach is Alan Elegado. The second batch is made up of lawn tennis athletes from Mapua University. Members of the team coached by Antonio A. Quiza are Al Sastrillas Quiza, Jomari Gammad, Erinn Lance Dela Cruz and Hannah Geline Dela Cruz, and Mapua University athletic director Melchor Divina as Team Official and David U. Ong, FESSAP Honorary President as Team Leader. Othe batches will be announced soon by Professor Robert Milton Calo, Chair of the Universiade Preparation and Monitoring Committee, with partnership from Technological University of the Philippines, Bestank, San Miguel Corporation, University of Baguio, Globe Telecom, Megaworld Property and Mapua University.

Corpus, Barro lead match play CARL Corpus and Laia Barro aim for top finish as they banner the early roster in the Philippine Junior Amateur Golf Championship (Match Play) slated May 14-18 at the Riviera Golf Club’s Langer course in Silang, Cavite. Corpus seeks to complete an unfinished business last year that saw him rule the Phl Amateur Open match play tilt but settle for second in this event featuring the country’s leading and rising players in the ranks. But he expects a tough outing against a field teeming with talent, led by Leandro Bagtas, Paolo Barro, Joaquin Gomez, Josh Jorge, Masaichi Otake, Sean Ramos and Francis Lanuza. Registration for the five-day event serving as part of the PLDT Group National Amateur Tour is ongoing with deadline for listup set Friday (May 10) at 12 noon. Fees are pegged at P3,000 for the Championship Division (boys and girls) and P2,000 for those vying in Special Division (boys and girls). For details, call the organizing National Golf Association of the Philippines at (02) 706-5926 or email ngap2009handicap@yahoo.com or Riviera Golf Club at 888-9089/0956-9366634. Barro, on the other hand, leads the early list of players in the girls’ side that includes Laurea Duque, Sofia Legaspi and Mariel Tee with Rianne Malixi, winner of NGAP’s Phl Junior Amateur stroke play and Phl Amateur Open match play, also expected to join and shoot for her third victory in the season.

Forest Hills Invitational Golf slated on May 23 A BEVY of hole-in-one prizes, headlined by three cars, will be at stake in the 2019 Invitational of the Forest Hills Golf and Country Club, which fires off starting May 23 in Antipolo City. Three cars, one each from title sponsor Mazda Pasig—ANC Group, GAC Motors and Diamond Motors (Mitsubishi), await the ace makers of the exciting four-day tournament. Also on offer are Europe and Dubai tickets from Emirates, Australia ticket from Cebu Pacific, P250,000 cash from Taishan and Forest Hills and Texas Eagle cart from Turf Company. Completing the line-up of items are GPS Tracker from Silicon Computers, Cobra F7 iron set with Puma bag from J-Ten Sports, according to club chairman Ferdinand T. Santos. “Aside from those mentioned, each player will receive a green fee voucher from Luisita Golf Club and a gift certificate from Elm’s Kapihan,” Santos said. Golforce Inc., Megaforce Security, City Advertising Ventures and Escala Tagaytay are presenting the event with Primer Group, Business Mirror, KLIO International, and Inquirer Golf. Cherrylume/Mileage Asia Corp., Fatima University Medical Center, CDO Foodsphere, YSA Skin Care Corp. and Mizuno are silver sponsors.

UAAP football Final 4 heats up ABS-CBN S+A iWant Sports US President Donald Trump presents US golfer Tiger Woods with the Presidential Medal of Freedom during a ceremony in the Rose Garden of the White House in Washington, DC. AFP

Tiger receives Presidential Medal of Freedom WASHINGTON—Tiger Woods, fresh off his epic comeback victory in the Masters, was awarded the Presidential Medal of Freedom by President Donald Trump at the White House on Monday. Presenting the golfing great with the nation’s highest honor, Trump praised Woods’ “relentless will to win, win, win.” “These qualities embody the American spirit of pushing boundaries, defying limits and always striving for greatness,” the president said. Trump congratulated Woods on “your amazing comeback and your amazing life and for giving sports fans a lifetime of memories. “We can’t wait to see what’s next, Tiger,” said Trump, an avid golfer and owner of several golf courses around the world.

Woods, 43, choked up as he thanked his mother, his two children, his girlfriend and his caddy during the ceremony in the White House Rose Garden. “You have seen the good and the bad, the highs and the lows,” said Woods, who battled back from injury to win the Masters last month, his first major title since the 2008 US Open. “My dad is no longer here, but my mom is here,” Woods said. “I love you, Mom.” “I have tried to hang in there and I have tried to come back and play the great game of golf again,” Woods said. “I have been lucky enough to have had the opportunity to do it again.” He said his Masters victory was “probably the highlight of what I have accomplished so far in my life on the

golf course. “To have had that type of experience and to be able to come out on top and win,” he said. - ‘Especially meritorious’ Established by John F. Kennedy in 1963, the Presidential Medal of Freedom is bestowed upon those who have made an “especially meritorious” contribution to US security or national interests, world peace, cultural pursuits or other nonspecified endeavors. It has been awarded to nearly three dozen sports figures including golf legends Jack Nicklaus and Arnold Palmer, honored by president George W. Bush. President Barack Obama gave the medal in 2014 to Charlie Sifford, the first African American golfer to play on the PGA Tour. AFP

Gracing the PSA Forum at the Amelie Hotel were (from left) Petron players Mika Reyes and Remy Palma, Coach Shaq delos Santos, PSL President Dr. Ian Laurel, Ces Molina and Rhea Dimaculangan. Ey Acasio

Petron’s Reyes recalls ‘sweet triumph’ at Superliga Finals By Peter Atencio FOR skipper Mika Reyes, it was a sweet triumph for the Petron Blaze Spikers when they nabbed their third crown in the 2019 Philippine Super Liga Grand Prix last Saturday. The team never lost a single game until Game 1 of their best-of-three finals series. “This time, there was a time na bumaba kami sa laro namin. Pero, when we reached our goal. It was a sweet triumph,” said Reyes. Reyes and her teammates were guests yesterday at the weekly PSA Forum at

the Amelie Hotel in Ermita, Manila. The Blaze Spikers claimed the championship after getting past F2 Logsitics, 26-24, 25-19, 23-25, 25-19, in Game 3 at The Arena in San Juan. Their first loss in the season came from their 20-25, 25-16, 23-25, 23-25 setback to the Cargo Movers in Game 1. And many felt that it was a wakeup call for the team. Team members were new at such an experience and they needed time to soak it in. “Na-realize namin na ito pala ang wakeup call namin,” added teammate Remy Palma.

During the game, prolific imports Stephanie Niemer and Kath Bell took charge for the Blaze Spikers as they clinched their sixth overall title in the league. Niemer, who was hailed MVP, showed the way with 31 points. “Simpleng team ito. Sabi nila, malakas ang Petron. Pero, hindi namin nilagay sa mind namin ito. Kailangang mag-work hard ang team,” said coach Shaq delos Santos, who is steered the Lady Blaze Spikers to their fourth title with him around. The Lady Spikers are now getting ready for the All-Filipino Conference, which will happen from June 15 to Aug. 24.

THE Rizal Memorial Coliseum pitch will be blazing hot with football action this Thursday when ABS-CBN S+A and iWant Sports bring to you LIVE the Final Four matches in the ongoing UAAP Men’s Football Tournament starting at 2 p.m. Defending champion and second seeded University of the Philippines Fighting Maroons take to the field first against the third-seeded De La Salle University Green Booters at 2 p.m. Meanwhile, top-seeded Ateneo de Manila University Blue Eagles look to pick off the Far Eastern University Tamaraws at 4 p.m. in the main event. Ateneo started the season in rocky fashion before the football phenom Jarvey Gayoso kicked into higher gear to tow the Blue Eagles at the top of the standings and finish with an 8-2-4 windraw-loss card to leapfrog over erstwhile leader FEU. The Tamaraws got the short end of the stick as they dropped critical matches against UP and DLSU in succession, to end the eliminations round with the fourth seed. The UP Fighting Maroons, on the other hand, needed a surge towards the end of the season to secure a Final Four slot behind the exploits of JB Borlongan and Kintaro Miyagi, beating FEU in dramatic fashion to move up to third. The defending champions then locked up the second seed when DLSU rookie midfielder Xavier Zubiri dealt the Tamaraws another blow in their following assignment. Football fans can expect an all-out war on the pitch as FEU and DLSU look to stave off elimination and another UPAteneo Final, this coming Thursday. For more stories and news on UAAP football, follow @ABSCBNSports on Twitter and Facebook or visit sports. abs-cbn.com. For updates, follow @ ABSCBNPR on Twitter, Facebook, and Instagram or visit www.abscbnpr.com.

Ateneo... From A8

like last night (Friday) we had a meeting and then we told each other that this isn’t gonna be our last game. We’re happy that our season is extended.” Guino-o has been the spark for FEU as of late. After dropping 24 points in a shock 25-22, 13-25, 15-25, 27-25, 15-8 win over De La Salle at the end of eliminations, Guino-o had five service aces and four blocks to finish with 17 points against Ateneo. The veterans delivered for the Lady Tamaraws and so did libero Buding Duremdes, who was all over the place, especially with Guino-o being the Lady Eagles’ target. She collected 44 digs in the victory.

Sports

Riera U. Mallari, Editor; Reuel Vidal, Assistant Editor sports@manilastandard.net sports_mstandard@yahoo.com

WEDNESDAY, MAY 8, 2019

Rockets level series against Warriors; Bucks near East finals LOS ANGELES—James Harden scored 38 points and the Houston Rockets held off the Golden State Warriors 112-108 Monday to knot their NBA playoff series at two games apiece. The reigning champion Warriors head home for game five of the bestof-seven Western Conference clash on Wednesday with a lot of work to do in a series in which each game has been decided by six or fewer points. It was a different story on Monday in the East, as Milwaukee star Giannis Antetokounmpo scored 17 of his 39 points in the fourth quarter to propel the Bucks to a 113-101 victory over the Celtics in Boston and a commanding 3-1 series lead. Milwaukee will try to punch their ticket to the Eastern Conference finals when they host game five on Wednesday. In Houston, reigning NBA Most James Harden lays on the court after a hard foul in the first half during Game 4 of the Second Round of the 2019 NBA Western Conference Playoffs against the Golden State Warriors at Valuable Player Harden made sure the Toyota Center in Houston, Texas. AFP Rockets didn’t fall into a similar hole. Harden scored 13 of his 18 first-half points in the second quarter and added another 13 in the third, when the Rockets stretched their lead to as many as 17. The Warriors responded with an 11-0 scoring run in the third period, and put With his team looking to close in on together a 7-0 run late in the fourth, By Jeric Lopez the All-Filipino crown, Hotshots’ coach when they pulled within 108-110 on a Chito Victolero enjoys the advantage that AN Magnolia put San Miguel Beer on the brink? The Stephen Curry three-pointer with 19.3 his team has, but knows that the war is seconds left. Hotshots most certainly hope so as they shoot for a 3-1 far from over, especially against the fiveDown 111-108 with 11.5 seconds lead against the Beermen in the resumption of their besttime defending champions. remaining, Golden State saw Kevin of-seven championship tilt in the 2019 Philippine Basketball “We’re ahead and we like where we Durant and Curry miss three-point atAssociation Philippine Cup . are, but we all know it’s far from over,” tempts. said Victolero. “We need to stay sharp. “Our motto was keep fighting,” said We need two more wins.” Magnolia is in a good position to move Harden, who also pulled down 10 reAce guard Mark Barroca and Rafi closer to the title as they seek for another bounds. “We know how tough they are. Reavis were at the forefront of Magnostunner over San Miguel in their Game 4 We’ve got to keep fighting on both ends lia’s critical 86-82 win over San Miguel clash at 7 p.m. today at the Smart Aranof the floor, stay in attack mode, be agin Game 3 last Sunday night to earn a key eta Coliseum. gressive.” lead in the series. Also, the Best Player of the Conference Game today Eric Gordon added 20 points for the (Filoil Flying V Centre) “Hindi kami dapat maging kampante,” award will be handed out prior to tip-off Rockets and PJ Tucker added 17 and 10 3:30 p.m.—Ateneo vs FEU (Women Semis) emphasized Barroca. “’Yung heart and and Beermen superstar June Mar Fajardo rebounds. team nila (San Miguel), laging lalaban is expected to be claim the hardware for Durant paced the Warriors with and may chance kaya focus lang kami.” an unprecedented sixth straight season. 34 points. Curry added 30 points and FAR Eastern University and Ateneo San Miguel Beer mentor Leo Austria laThe five-time Most Valuable Player is Draymond Green posted a double-doudispute the remaining Finals berth in mented the Beermen’s poor performance head and shoulders in terms of statistible of 15 points and 10 rebounds. the UAAP Season 81 women’s volin two facets of the game the last time out. cal points above others in the running But in another bruising encounter leyball tournament Wednesday at the “It was our bad shooting and bad reboundsuch as NorthPort’s Sean Anthony, Stanbetween the two teams, Golden State Filoil Flying V Centre. ing that cost us Game 3,” said Austria. “We ley Pringle and Mo Tautuua as well as made just eight of 33 three-point atThe winner of the 3:30 p.m. match need to be better in both to tie the series.” TNT’s RR Pogoy. Victolero tempts. Curry and Klay Thompson will face University of Santo Tomas combined to shoot just two-of-10 from in the best-of-three championship sethree-point range. ries starting Saturday. The Rockets, meanwhile, hit 17 of 50 The fourth-ranked team in the from beyond the arc. eliminations, the Lady Tamaraws “I think both teams are doing what erased the Lady Eagles’ twice-to-beat they’re doing and nothing’s really hapadvantage with a 10-25, 25-23, 25-22, pened yet,” Warriors coach Steve Kerr 12-25, 15-8 last Saturday to send their SHOWING the Filipinos’ world-class region’s most awaited sporting event was cal officials to put SEAG banners to fursaid. “It’s 2-2. Each team has won two Final Four duel to a knockout game. hospitality is one thing and winning the in 2005 and the Filipino athletes stood ther enhance the awareness for the bienhome games—that’s kind of how the “Overwhelmed siyempre pero overall championship in the coming 30th tallest at the close of the competitions nial event. playoffs go... We’ve just got to be a little hindi pa tapos. Hindi pa time to celeSEA Games is another. after winning 113 gold medals, 26 better better.” brate, marami pa kaming mga bagay While he expects the Filipinos to be than the Thai athletes. Celtics face elimination na ipi-fix for Game 2 kasi I’m sure gracious hosts during the 11-day sports Apart from being the owner of NorthThe Celtics need to be a lot better to sa Game 2 ibang team ang makikita extravaganza, Rep. Mikee Romero is Port club in the PBA, Romero is also the avoid elimination against the Bucks. namin both team. Ibang intense na calling on all national athletes to train chairman of the country’s biggest polo “It’s win or go home,” said Celtics laro,” said coach George Pascua, who as hard as possible and play their hearts association which is out to contribute at coach Brad Stevens. “It takes a lot of is seeking to steer FEU to a second out during the competitions to have a least three golds to the country’s cause. mental fortitude. It takes a lot of mental consecutive Finals stint. bigger chance of winning the overall Romero also lauded the move of the toughness. It reveals a lot. I’m looking The Lady Tamaraws looked mochampionship. Philippine SEAG Organizing Commitforward to that challenge.” tivated to book a return trip to the “We can achieve a SEAG double if tee for launching the volunteer program Once again in their series, the third title round, especially for graduatwe will win also the overall champion- noting that it will greatly help foreign quarter proved pivotal, with the Bucks ing players Jerrili Malabanan, Kyle ship for the first time since 2005,” said athletes, coaches and spectators. The voloutscoring the Celtics 33-23 to turn a Negrito and Heather Guino-o, as the Romero. “With the way our officials are unteers will be deployed in various ven49-47 halftime deficit to an 80-72 lead. momentum has shifted to the 29doing their jobs I’m sure we will have a ues in Tarlac, Subic, Bulacan, La Union, The turnaround came with Antetoktime champions. successful hosting of the biennial meet.” Tagaytay and Manila. ounmpo on the bench with his fourth foul “I told the team earlier during the “That way we will have a double cel“Let us embrace the ‘bayanihan’ spirit for the last eight minutes of the quarter. game that this wasn’t gonna be our ebration,” said Romero, who was the so that they will know how gracious we During that span, the Bucks outscored last game. We’re really happy we godfather of the Philippine basketball are as hosts,” said Romero, who headed the Celtics 21-13 and when Antetokachieved that goal,” said skipper Mateam that won gold medal in Ratchasima, the shooting team to the London Games ounmpo returned in the fourth, the Bucks labanan. “Me and Kyle and Heather Thailand in 2007. in 2012. only pressed the action more. AFP The last time the country hosted the This early, Romero is encouraging lo- Romero Turn to A7

Hotshots eye commanding lead Ateneo, FEU dispute last finals’ seat in UAAP volley

Romero tells athletes: Go for SEAG double

Ladies PH Golf Tour aces boost National Pro-Am cast

Marvi Monsalve

LADIES Philippine Golf Tour campaigners Marvi Monsalve, Chihiro Ikeda, Gretchen Villacencio, Daniella Uy and Alex Etter get the chance to slug it out with the men of the tour, all hoping to draw the best from their respective amateur partners in the Delimondo National Pro-Am unfolding tomorrow (Thursday, May 9) at Splendido Taal Golf Club in Laurel, Batangas Monsalve, who tied for 13th last year with amateur standout Mikha Fortuna, has tapped a new partner in Laia Barro, one of the mainstays of Team The Country Club, while Ikeda has linked up with top amateur Josh Jorge, and Villacencio will now team up with Roger Dale in the 54-hole tournament sponsored by Delimondo. Uy and Etter, on the other hand, try to anchor a team for the first time with the former, a one-time Junior World champion, launching her bid with brother Lanz, and the latter, who as an amateur placed second last year in a tandem with Jet Mathay, now pins

her hopes with Joey Solis in the tournament put up by ICTSI to likewise showcase the amateurs’ talent and skills and help prepare them for the big league. While the male pros will use the black tee markers, the lady pros will tee off from the white tees. That should make the P2.7 million event doubly interesting with the rolling, windswept and hazard-laden layout providing a true test for the 106-team field under the alternate shot format. The top 40 teams after 36 holes of stroke play will advance to the final round with the pro champion set to pocket P500,000 and the amateur winner to receive merchandise and gifts. For details, call Jocelyn Duque at 0918-9515308 or at jocelynduque@pgt.ph. The lady pros should come into the event in top form, having competed in a series of tournaments in the Ladies Philippine Golf Tour with Uy placing second, Ikeda finishing joint fifth and Monsalve ending up sev-

enth in the Royal Northwoods Classic two weeks ago. But they will be up against the leading campaigners in the PGT, headed multi-titled Jhonnel Ababa, Jay Bayron, Zanieboy Gialon, Tony Lascuña and Elmer Salvador. Ababa will team up with Bobby Iñigo, Bayron with Mon Salazar, Gialon with Ian Dagatan, Lascuña with Moulay Rhounimi, and Salvador with Oliver Gan. Tonlits Asistio and Judson Eustaquio, meanwhile, seek to reclaim the crown they won in 2017 but yielded with a joint ninth place finish last year won by the absentee tandem of Jobim Carlos and DJ Padilla. Meanwhile, at least six lady amateurs are also vying in the event, including Annyka Cayabyab, who will play alongside Nico Evangelista, Mariel Tee (with Cookie La’O), Marianne Bustos (with James Ryan Lam), Bernice Olivarez-Ilas (with Rafael Parra), Nicole Abelar (with Marcos Pastor) and Sunshine Zhang (with Dino Villanueva).

IN BRIEF Insular Life elects Dooc as trustee

FORMER Social Security System president and chief executive Emmanuel Dooc was elected as an independent trustee of Insular Life. We are honored that Atty. Dooc is now part of our board because we will definitely benefit from his wise counsel, given his long years of experience and outstanding record in the insurance industry, said Nina Aguas, executive chairman of Insular Life, the country’s largest Filipino life insurance company. Dooc is a distinguished veteran in the life insurance industry. He served as the Insurance commissioner from 2011 to 2016. He has had extensive experience in the insurance operations, compliance and governance. Dooc serves as the head of SSS until March 2019. He is a master fellow and fellow of Life Office Management, an associate in Claims of International Claims Association and a fellow of the Institute of Corporate Directors. He has professional certificates in Strategic Management Program from the College of Insurance in New York and 2015 Fall International Fellows Program organized by the National Association of Insurance Commissioners and The Center for Insurance Policy and Research.

LRT 1 expects new trains from Japan

THE Department of Transportation said Tuesday it expects the delivery of trains from Japan for LRT Line 1 Cavite Extension Project by July next year as the Light Rail Manila Corp. started the construction of the line’s extension. Transportation Undersecretary for rail Timothy John Batan said the ﬁrst and second fourcar train sets were on schedule for delivery in July 2020. He said the next eight 4-car train sets would be delivered in December 2020 and 30 more 4-car train sets would arrive in 2021 to 2022. The department and Mitsubishi Corp. signed a P12.8 billion in December 2018 for the manufacturing of 120 new cars for LRT Cavite Extension Project. Batan said a new depot would be built in Zapote while the Baclaran depot would be expanded from its current capacity of 145 LRVs to 197 LRVs. A new satellite depot will also be constructed in Zapote to accommodate 72 LRVs. Darwin G. Amojelar

Business

Ray S. Eñano, Editor Roderick T. dela Cruz, Assistant Editor business@manilastandard.net extrastory2000@gmail.com WEDNESDAY, MAY 8, 2019

Inflation eases to 16-month low of 3% I By Julito G. Rada

NFLATION rate in April eased to a 16-month low of 3 percent from 3.3 percent in March, prompting economists to believe that the Bangko Sentral ng Pilipinas may consider cutting the benchmark interest rates in its policy meeting Thursday. The Philippine Statistics Authority said Tuesday the slower inflation rate was due to lower price increases of food and nonalcoholic beverages. The April print was the slowest since it settled at 2.9 percent in December 2017. This brought the average inflation rate in the first four months to 3.6 percent, within the government’s target range of 2 percent to 4 percent for the year. “The slowdown was mainly brought about by the slower annual increase in the heavily-weighted food and non-alcoholic

beverages index at 3 percent,” the PSA said in a statement. Bangko Sentral Governor Benjamin Diokno said the April inﬂation was consistent with the regulator’s expectation that inﬂation would continue to settle within the target range this year and next. “However, the continued increase in global crude oil prices and the possibility of a prolonged El Niño episode could be a source of upside price pressures over the near term,” Diokno said in a statement to reporters.

He said the weakening global economic environment could present downside risks to inﬂation. “Against these upside and downside risks, the BSP continues to keep a close watch over price developments in the country and shall consider all relevant data at its next policy meeting on May 9, 2019 to ensure that monetary policy stance remains consistent with the BSP’s primary mandate of price stability conducive to a balanced and sustainable growth of the economy,” Diokno said. British bank Standard Chartered said the combination of falling inﬂation and slowing growth was likely to lead the BSP to start unwinding part of the 175 basis points of rate hikes in 2018. “We see a total of 100 bps of rate cuts this year, taking the policy cash rate to 3.75 by yearend,” the bank said. ING Bank Manila senior economist Nicholas Mapa said, “it would be about

time for BSP to ease off the brakes from ‘crisis mode’ and finally nudge on the accelerator to zoom to faster growth.” Economic Planning Secretary Ernesto Pernia said the latest inflation data showed that the government continued to rein in the overall price increases in the country. “The recent inflation reading validates our efforts towards stabilizing inflation so that the country’s buoyant economic growth, along with key reforms, remains unimpeded,” Pernia said in a statement. “The continued low inflation of rice can be attributed to the stable rice supply in the country, with more imported rice expected to arrive in the country as the Rice Liberalization Act takes effect,” Pernia said. The law, which lifts the quantitative import restriction on rice, is expected to keep rice prices low and more affordable especially for low-income households.

GIR climbed for 6th straight month to $84b

Petron’s earnings fall 78% to P1.3b

OIL refiner Petron Corp. said Tuesday net income fell 77.5 percent in the first quarter to P1.3 billion from P5.8 billion in the same period last year because of the impact of the second phase of the Tax Reform for Acceleration and Inclusion law and higher crude prices. “Despite lower margins, efforts to manage risks and strengthen our presence in key areas were implemented to mitigate its impact. We remain focused on completing major expansion projects that will further cement our leadership in the industry,” said Petron president and chief executive Ramon Ang. Malaysian operations accounted for P1.2 billion of the consolidated net income. Petron said consolidated revenues dropped 4 percent to P124.6 billion in the first quarter, pulled down by a 5-percent decline in volume for the Philippine operations following the implementation of the Train Law which imposed an excise tax of P4.50 per liter. This translated into P8 billion in excise taxes and P1 billion in additional value added tax in the first quarter. Alena Mae S. Flores

THE gross international reserves rose for the sixth straight month to $83.96 billion in April 2019 from $83.61 billion in March and $79.6 billion a year ago, data from the Bangko Sentral ng Pilipinas show. “The month-on-month increase in the GIR level was due mainly to inflows arising from the BSP’s foreign exchange operations, national government’s net foreign currency deposits and BSP’s income from its investments abroad,” BSP Governor Benjamin Diokno said in a statement Tuesday. FRANCHISE EXPO. Security Bank and the Association of Filipino Franchisers Inc. hold the 17th Franchise and Business Expo The increase in reserves was temat the World Trade Center in Pasay City. Under a partnership between AFFI and Security Bank, existing franchisee business owners pered partially by payments made are given special rates to help grow and expand their business with the business express loan. Attending the expo are executives of Security Bank and AFFI. by the government for servicing CYAN MAGENTA YELLOW BLACK its foreign exchange obligations Manila and the revaluation losses from the Standard TODAY BSP’s gold holdings because of the decrease in the price of gold in the international market. 16th to 19th Floors, Fort Legend Towers 31st Street corner 3rd Avenue, Bonifacio Global City, Taguig City 1634 “The end-April 2019 level of The group’s commercial leasing business, By Jenniff er B. Austria Statement of Condition GIR serves as an ample external which includes the operation of shopping cen(Head Office and Branches) liquidity buffer and is equivalent ters, offi ces, hotels and resorts, generated total As of March 31, 2019 PROPERTY developer Ayala Land Inc. said to 7.4 months’ worth of imports AMOUNTS revenues of P9.2 billion, up 19 percent from P7.7 Tuesday net income grew 12 percent in the of goods and payments of servicASSETS CURRENT QUARTER PREVIOUS QUARTER first quarter on the back of strong revenues billion in the first quarter of 2018. Revenues from shopping centers accelerated es and primary income,” Diokno from residential and commercial leasing Cash and Cash Items PhP 376,154,304.23 504,999,872.75 Due from Bangko Sentral ng Pilipinas (BSP) 4,258,773,421.50 5,001,859,954.65 14 percent to P5.1 billion from P4.5 billion led said. businesses. Due from Other Banks 863,271,180.12 1,266,759,792.32 Financial Assets at Fair Value through Profit or Loss 1,046,023,376.97 127,362,442.35 by the contributions of newly opened shopping He said it was also equivalent to ALI said in a disclosure to the stock exchange Available-for-Sale Financial Assets-Net 2,217,197,022.47 2,399,898,231.03 centers. Held-to-Maturity (HTM) Financial Assets-Net 2,833,344,940.63 2,802,460,224.42 five times the country’s short-term the fi rst-quarter profi t reached P7.3 billion, up Loans and Receivables - Net 36,561,698,775.22 40,631,490,576.98 Office leasing revenues reached P2.2 billion, Interbank Loans Receivable 4,758,531,947.50 6,807,066,840.87 external debt based on original mafrom P6.51 billion recorded in the same period Loans and Receivables - Others 32,291,221,533.10 32,607,467,401.58 turity and 3.5 times based on residlast year as revenues rose 7 percent to P39.7 bil- up 27 percent from P1.7 billion in the same periLoans and Receivables Arising from RA/CA/PR/SLB 0.00 1,650,000,000.00 General Loan Loss Provision 488,054,705.38 433,043,665.47 od in 2018 on the back of contributions of newly lion from P36.97 billion. ual maturity. Other Financial Assets 192,346,772.86 242,467,735.44 Bank Premises, Furniture, Fixture and Equipment-Net 493,883,791.68 336,645,148.22 “We continue to experience consistent growth opened offices. Net international reserves, which Real and Other Properties Acquired-Net 104,623,194.22 106,583,605.89 Revenues from hotels and resorts jumped 25 Other Assets-Net 2,880,660,963.98 854,003,091.94 in all our business lines. Notable was the strength refers to the difference between the TOTAL ASSETS PhP 51,827,977,743.88 54,274,530,675.99 of our commercial portfolio as the asset build-up percent to P1.9 billion from P1.5 billion on growBSP’s GIR and total short-term liaover the last few years moved the business for- ing contributions from recently opened Seda hoLIABILITIES bilities, also increased by $340 milward,” said ALI president and chief executive tels in Vertis North, Ayala Center Cebu and Lio. lion to $83.94 billion. Financial Liabilities at Fair Value through Profit or Loss PhP 29,415,470.18 25,452,851.21 Deposit Liabilities 36,949,963,076.41 36,361,391,249.65 ALI operated a total of 3,018 rooms as of endBernard Vincent Dy. Reserves hit an all-time high of Bills Payable 3,910,690,693.59 7,910,300,862.75 a) Interbank Loans Payable 3,910,690,693.59 7,910,300,862.75 “Our development business also continues March. $86.139 billion in September 2016. Other Financial Liabilities 367,485,793.11 440,995,084.24 The company said it started developing to grow in line with expectations, posting a Other Liabilities 3,203,191,429.15 2,362,592,874.58 The Bangko Sentral earlier Habini Bay, a 526-hectare estate in Misamis healthy increase in reservation sales due to the TOTAL LIABILITIES PhP 44,460,746,462.45 47,100,732,922.43 predicted that the GIR would sustained demand from local and overseas Fili- Oriental which would be anchored by the STOCKHOLDERS’ EQUITY settle at $77 billion this year, but 104-hectare Laguindingan Technopark, an inpinos,” Dy said. a strong peso and stable investCapital Stock PhP 2,533,200,985.17 2,533,200,985.17 Other Capital Accounts 79,258,026.99 96,486,583.35 Sales from property development rose 4 per- dustrial park which will be managed by Lagument inflows kept the reserves Retained Earnings 4,754,772,269.27 4,544,110,185.04 cent to P26.1 billion in the first quarter from na Technopark Inc. above $80 billion in the first four TOTAL STOCKHOLDERS’ EQUITY PhP 7,367,231,281.43 7,173,797,753.56 ALI plans to launch two new estates this year to P25.2 billion a year earlier. Reservation sales in months. Julito G. Rada TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY PhP 51,827,977,743.88 54,274,530,675.99 the three-month period also climbed 8 percent to add to its existing roster of 26 large-scale, mixeduse and sustainable estates across the country. CONTINGENT ACCOUNTS P34.1 billion

Ayala Land’s profit rose 12% to P7.3b in Q1

Financial Standby Letters of Credit Performance Standby Letters of Credit Commercial Letters of Credit Trade Related Guarantees Commitments Spot Foreign Exchange Contracts Trust Department Accounts a) Trust and Other Fiduciary Accounts b) Agency Accounts Derivatives Others

PhP

2,278,954,699.53 39,166,922.94 452,222,897.01 0.00 0.00 3,864,175,110.66 1,589,475,937.44 504,015,113.05 1,085,460,824.39 12,273,993,118.35 832,902,641.53

1,942,809,051.29 41,691,840.52 1,311,865,444.51 0.00 421,538,461.54 1,569,254,132.86 1,499,267,291.15 543,842,820.98 955,424,470.17 9,122,340,215.77 1,165,174,154.53

TOTAL CONTINGENT ACCOUNTS

PhP

21,330,891,327.46

17,073,940,592.17

Gross Total Loan Portfolio (TLP) PhP 37,469,262,136.16 Specific Allowance for credit losses on the TLP PhP 419,508,655.56 Non-performing Loans (NPLs) a. Gross NPLs PhP 679,581,419.28 b. Ratio of gross NPLs to gross TLP (%) 1.81% c. Net NPLs PhP 319,079,294.07 d. Ratio of Net NPLs to gross TLP (%) 0.85% e. Ratio of total allowance for credit losses to gross NPL (%) 133.55% f. Ratio of specific allowance for credit losses on the gross TLP to gross NPL (%) 61.73% Classified Loans & Other Risk Assets, gross of allowance for credit losses PhP 851,418,080.86 DOSRI Loans and receivables, gross of allowance for credit losses PhP 19,849,292.91 Ratio of DOSRI Loans and receivables, gross of allowance for credit losses, to TLP (%) 0.05% Gross Non-performing DOSRI loans and receivables PhP 193,884.53 Ratio of gross non-performing DOSRI loans and receivable to TLP (%) 0.00% Percent Compliance with Magna Carta (%) a. 8% for Micro and Small Enterprises 2.23% b. 2% for Medium Enterprises 0.74% Return on Equity (ROE) (%) 4.41% Capital Adequacy Ratio (CAR) on Solo Basis a. Total CAR (%) 16.45% b. TIER 1 Ratio (%) 15.56% c. CET 1 (%) 15.56%

41,446,648,244.53 382,114,002.08

Meralco customers to enjoy lower rates despite tight supply

ADDITIONAL INFORMATION

632,988,633.22 1.53% 299,929,932.51 0.72% 128.78 60.37 778,935,746.96 20,065,055.77 0.05% 17,254.70 0.00% 2.31% 1.21% 2.98% 16.33% 15.43% 15.43%

REPUBLIC OF THE PHILIPPINES ) TAGUIG CITY ) S.S. I/ We hereby certify that all matters set forth in this Published Balance Sheet are true and correct, to the best of my knowledge and belief. (Sgd.) ANDREW A. FALCON Chief Finance Officer (Signature Over Printed Name)

By Alena Mae S. Flores

(Sgd.) CHEN YEUN - GINN a.k.a JAMES YG CHEN OIC President and CEO (Signature Over Printed Name)

EASIER PAYMENTS. W Express, one of the country’s pioneering logistics companies, launches ECPay, a new service designed to make payments hasslefree for its customers. W Express chairman and president Dawn Feliciano (third from left) and ECPay chairman Jude Aguilar (second from left) seal their new partnership with a handshake. Also attending the signing of the contract are (from left) ECPay director Ting Estrella and W Express executive vice president Emily Alcid.

COSTUMERS of Manila Electric Co. will enjoy lower power rates this month despite the recent tight supply that led to power outages in several parts of Luzon. Meralco said power rates declined by P0.2728 per kilowatt-hour in May which would translate into a reduction of P55 in the monthly bill of a typical household consuming 200 kWh. The overall electricity rates decreased to P10.2866 per kWh this month from P10.5594 per kWh in April as the lower rates from Meralco suppliers offset the increase in rates at the spot market. Generation charges went down to P5.5508 per kWh from P5.6322 per kWh last month. “The generation charge decrease is primarily due to lower charges from the independent power producers and power supply agreements,” the country’s largest power retailer said. Cost of power from Meralco’s IPPs and PSAs decreased by P0.7544 per kWh and P0.5143 per kWh, respectively, on the back of stronger peso against the US dollar and lower fuel prices. About 98 percent of IPP charges and 72 percent of PSA charges are dollar-denominated.

Business

WEDNESDAY, MAY 8, 2019 extrastory2000@gmail.com

Market rebounds; Globe, ICTSI up S TOCKS rebounded Tuesday to end a two-day slide, on reports that inﬂation rate settled at a 16-month low of 3 percent and investors welcomed news China’s top trade negotiator will lead a delegation to Washington this week despite Donald Trump’s threat to hike tariffs.

The Philippine Stock Exchange index, the 30-company benchmark, gained 48 points, or 0.6 percent, to close at 7,910.63 as ﬁve of the six subsectors advanced. The broader all-share index also climbed 26 points, or 0.6 percent, to 4,886.55 on a value turnover of P5.5 billion. Gainers outnumbered losers, 100 to 86, while 50 issues were unchanged. Thirteen of the 20 most active stocks ended in the green, led by Globe Telecom Inc. which jumped 6.7 percent to P1,990 on healthy earnings. Port operator International Container Terminal Services Inc. also climbed 6.6 percent to P136.40. Equities across Asia were hammered

Monday—led by Shanghai’s worst losses in three years—after the president’s warning fuelled by frustration at the slow progress in the talks. Trump’s remarks shocked markets, coming just days after ofﬁcials on both sides had sounded positive on the talks, with markets broadly expecting an agreement to be announced soon. While some observers pointed out that such high-stakes moves are characteristic of Trump’s negotiating style and that they expect a deal to be agreed anyway, Oanda senior market analyst Jeffrey Halley remained cautious. “Say what you want about the US

president... but predictability and subtlety were never part of his election pledges,” he said in a note. “China has most certainly found this out the hard way and likely explains why they are still sending their full delegation to this week’s round of trade talks. “I take much greater comfort in China’s pragmatism than the president’s Twitter account, but the markets should take a leaf from China’s playbook and not assume the president was merely bluffing,” he said. Asian markets started Tuesday on a healthy note as investors took their lead from Wall Street but the rally began to flag in the early afternoon before China confirmed that Vice Premier Liu He will be part of the talks team this week. While Beijing had said they would send representatives there were concerns Xi Jinping’s point man might not attend. Shanghai surged out of negative territory to end 0.7 percent higher, having tanked more than five percent Monday. Hong Kong also reversed course to sit

0.4 percent up in late trade. Elsewhere Sydney added 0.2 percent, Singapore gained 0.9 percent and Taipei put on 0.8 percent, with Wellington and Mumbai also well up. But Tokyo fell 1.5 percent as dealers returned after being off for six working days, while Seoul dropped 0.9 percent following a long weekend. There remains a certain amount of concern about the talks, however, following a warning from US Trade Representative Robert Lighthizer that there had been an “erosion in commitments by China” and that tariffs were still due to be hiked Friday. There is a broad expectation some deal will eventually be reached but how extensive it will be is unknown. “Reality is setting in that they are not going to get the master deal, the grand deal that they are hoping for and there’s a lot of work to be done,” said Oliver Pursche, chief market strategist at Bruderman Asset Management. With AFP

MANILA STANDARD BUSINESS DAILY STOCKS REVIEW TUESDAY, MAY 7, 2019

NAME

OPEN

VALUE

NET FOREIGN BUYING/(SELLING), PHP

FINANCIALS 57.05 750 84.85 1,761,430 2.18 8,000 135.9 1,822,660 1.23 610,000 27.7 156,700 18.96 75,100 11.5 807,200 4.75 8,000 0.55 52,000 1.35 56,000 0.495 550,000 73.85 2,283,000 0.92 1,000 21.4 300 54 371,040 181 320 110.4 100 58.4 940 26 5,900 175 414,580 60 8,500

43,137.50 148,811,689.50 17,440 247,698,073 748,660 4,310,295 1,424,178 9,297,472 36,800 28,600 76,280 268,000 168,612,291 920 6,420 19,992,665 57,995 11,040 55,300 153,790 73,254,988 511,066

-11,827,450 -44,356,168 1,247,710 856,968 -686,672 6,600 -24,021,996.50 2,213,997 -9,125 -135,420 -5,546,826 -183,184

35 15.4 0.75 1.38 0.241 2.33 15.24 27.3 42.05 66.1 1.86 5.55 5.5 10.7 15.9 9.17 7.52 1.58 21.25 76.55 34.4 2.54 13.46 10.3 1.7 302.2 3.31 9.4 22.2 15 22.05 379 5.68 1.24 4.62 6.25 8.93 1.62 11.8 44.5 4.8 1.6 1.23 13.1 116.3 6.85 0.128 0.92 160.3 2.5 1.36 1.08

INDUSTRIAL 35 1,719,100 15.64 727,000 0.77 4,343,000 1.38 34,000 0.245 900,000 2.47 32,513,000 15.24 680,000 27.3 83,100 42.05 400 66.1 10 1.89 17,000 5.55 100 5.5 10,200 10.8 13,991,300 15.9 358,300 9.2 951,600 7.54 1,003,300 1.59 11,000 21.25 2,698,800 76.8 414,030 35 373,100 2.6 6,501,000 13.6 4,005,900 10.38 758,200 1.77 110,000 304 726,470 3.49 23,000 9.77 10,700 22.25 1,997,300 15.3 598,200 22.05 195,600 381.8 135,320 5.99 400 1.25 985,000 4.62 45,000 6.25 2,087,600 8.93 300 1.68 10,060,000 12 21,900 44.5 296,000 4.8 22,000 1.67 53,000 1.23 177,000 13.7 2,151,900 117.5 436,440 6.94 84,300 0.128 1,000,000 0.94 329,000 161.4 1,119,490 2.51 803,000 1.37 5,405,000 1.11 2,510,000

61,017,260 11,335,898 3,345,740 46,980 220,380 78,508,150 10,377,054 2,308,750 16,820 661 31,830 555 59,209 151,052,380 5,702,330 8,759,011 7,559,521 17,470 57,632,910 31,799,951.50 13,107,300 16,740,860 54,477,824 7,859,914 188,820 220,620,942 76,520 101,307 44,517,070 9,105,356 4,325,405 51,589,808 2,334 1,228,130 207,920 13,206,290 2,679 16,869,440 260,420 13,460,580 106,030 85,510 218,360 29,247,988 51,270,176 585,695 128,010 307,340 181,822,179 2,007,950 7,395,310 2,759,190

-16,890,875 1,426,478 106,860 -2,780 13,531,250 -22,880 -1,860 5,550 75,963,732 -480,000 -4,791,942 47,838,110 -31,071,047 3,743,225 -717,040 2,163,104 2,811,210 -60,487,226 0 -37,359,840 1,098,188 -1,938,910 2,442,720 -537,440 13,860 -3,280,476 459,410 -991,135 979,684 2,901,819 695 -17,955,581 1,870,000 -2,740 105,610

0.64 53 14.98 0.75 6.5 17.46 1.39 1.4 904 7.48 11.38 15.34 0.28 906.5 6.22 65 5.7 0.5 4.67 17 0.55 4.39 0.041 1.11 3.05 2.55 185.2 955 0.88 1.33 460 276 0.24 0.35

0.61 52.55 14.78 0.73 6.5 16.8 1.37 1.38 897 7.3 11.24 14.92 0.26 874.5 6.2 62.6 5.67 0.49 4.4 16.26 0.55 4.28 0.04 1.11 2.92 2.55 178 940 0.83 1.33 460 271 0.236 0.34

HOLDING FIRMS 0.64 8,892,000 52.55 1,916,380 14.84 5,887,900 0.75 208,000 6.5 3,000 16.8 18,700 1.37 1,427,000 1.38 53,000 900 304,940 7.47 371,000 11.34 1,157,800 15.2 675,600 0.275 1,210,000 899 63,570 6.2 170,000 63.55 565,630 5.7 9,200 0.5 43,000 4.47 4,937,000 17 2,832,800 0.55 4,091,000 4.29 15,341,000 0.04 4,900,000 1.11 11,000 3.03 653,000 2.55 10,000 185.2 752,070 949 201,150 0.84 1,633,000 1.33 30,000 460 10 276 570 0.24 910,000 0.345 17,140,000

5,575,210 101,034,151.50 87,577,134 152,650 19,500 318,124 1,955,310 73,200 274,443,450 2,747,662 13,107,672 10,257,828 330,000 57,139,905 1,054,400 36,170,080.50 52,316 21,140 21,938,340 46,504,406 2,250,050 66,040,530 197,800 12,210 1,957,960 25,500 137,782,444 190,989,125 1,384,070 39,900 4,600 156,374 215,850 5,916,550

225,010 -6,902,656.50 -41,144,056 27,296 -13,876,685 820,566 -6,324,114 1,422,332 -1,437,915 -4,384,804.50 -1,480,540 5,039,736.00 2,211,000 -9,686,700 10,295,573 -1,778,910 13,300 -5,508 -1,325,150.00

14.44 0.77 2.31 0.78 47.5 2.39 4.78 6.45 0.54 0.83 0.88 0.244 0.385 11.28 26.7 0.49 1.62 1.35 5.77 0.375 0.5 1.72 0.465 2.89 24.15

14.2 0.75 2.13 0.76 46.3 2.34 4.67 6.32 0.52 0.78 0.88 0.235 0.38 11.06 25.4 0.485 1.57 1.34 5.62 0.36 0.5 1.67 0.43 2.75 23.35

PROPERTY 14.3 491,700 0.75 858,000 2.25 1,217,000 0.77 285,000 46.95 9,516,200 2.37 452,000 4.74 715,000 6.45 2,600 0.54 8,061,000 0.82 11,000 0.88 58,000 0.236 60,000 0.385 450,000 11.18 521,000 26.45 900,900 0.49 480,000 1.58 6,558,000 1.35 1,524,000 5.77 16,203,300 0.365 14,420,000 0.5 219,000 1.71 803,000 0.45 1,850,000 2.82 192,000 23.8 1,395,500

7,017,178 644,140 2,713,220 220,330 447,155,790 1,065,030 3,378,200 16,445 4,248,460 8,950 51,040 14,230 172,750 5,764,428 23,543,145 233,850 10,387,020 2,045,790 92,964,178 5,276,000 109,500 1,365,650 836,550 538,220 33,220,265

-475,834 -3,120 -50,840,955 -101,180 9,480 -10,600 5,530,000 2,513,855 -9,700 -7,639,520 -1,350 33,359,753 227,450 -178,800 344,150 -8,445,325

HIGH

LOW

ASIA UNITED 57.75 BANK PH ISLANDS 83.5 BDO LEASING 2.18 BDO UNIBANK 136.9 BRIGHT KINDLE 1.25 CHINABANK 27.5 COL FINANCIAL 18.96 EAST WEST BANK 11.5 FERRONOUX HLDG 4.55 FIRST ABACUS 0.55 IREMIT 1.37 MEDCO HLDG 0.48 METROBANK 72.5 NTL REINSURANCE 0.92 PBCOM 21.4 PHIL NATL BANK 54 PHIL STOCK EXCH 182.5 PHILTRUST 110.4 PSBANK 58.95 RCBC 26.55 SECURITY BANK 180 UNION BANK 60.2

57.75 85.2 2.18 137 1.25 27.7 19 11.78 4.75 0.55 1.37 0.5 74.45 0.92 21.4 54.2 182.5 110.4 59 26.55 180 60.8

57.05 83.5 2.18 134.9 1.2 27.25 18.94 11.46 4.55 0.55 1.35 0.475 72.5 0.92 21.4 53.35 181 110.4 58.4 25.85 175 60

ABOITIZ POWER 36.05 AGRINURTURE 15.44 ALLIANCE SELECT 0.8 ALSONS CONS 1.39 BASIC ENERGY 0.246 CEMEX HLDG 2.33 CENTURY FOOD 15.3 CIRTEK HLDG 28.5 CONCEPCION 42.05 CONCRETE A 66.1 CROWN ASIA 1.86 DAVINCI CAPITAL 5.55 DEL MONTE 5.98 DNL INDUS 10.98 EAGLE CEMENT 16 EEI CORP 9.22 EMPERADOR 7.56 EUROMED 1.59 FIRST GEN 21.35 FIRST PHIL HLDG 76.55 GINEBRA 34.95 GREENERGY 2.58 HOLCIM 13.6 INTEGRATED MICR 10.56 IONICS 1.74 JOLLIBEE 302.2 MABUHAY VINYL 3.33 MACAY HLDG 9.9 MANILA WATER 22.3 MAXS GROUP 15.16 MEGAWIDE 22.05 MERALCO 381 PANASONIC 5.68 PEPSI COLA 1.24 PETROENERGY 4.62 PETRON 6.3 PHINMA 8.93 PHINMA ENERGY 1.68 PHX PETROLEUM 11.8 PILIPINAS SHELL 45.8 RFM CORP 4.85 ROXAS AND CO 1.67 SFA SEMICON 1.25 SHAKEYS PIZZA 13.16 SMC FOODANDBEV 116.7 SPC POWER 6.95 SWIFT FOODS 0.129 TKC METALS 0.94 UNIV ROBINA 162.7 VICTORIAS 2.5 VITARICH 1.38 VULCAN INDL 1.13

36.5 15.7 0.81 1.39 0.246 2.47 15.3 28.5 42.05 66.1 1.89 5.55 5.98 10.98 16 9.25 7.56 1.59 21.7 76.95 36 2.62 13.68 10.6 1.8 305.4 3.49 9.9 22.45 15.4 22.5 382.6 5.99 1.25 4.64 6.43 8.93 1.72 12 45.9 4.85 1.67 1.25 13.84 118.2 7 0.129 0.94 164.2 2.51 1.4 1.13

ABACORE CAPITAL ABOITIZ EQUITY ALLIANCE GLOBAL ANGLO PHIL HLDG ANSCOR ASIABEST GROUP ATN HLDG A ATN HLDG B AYALA CORP COSCO CAPITAL DMCI HLDG FILINVEST DEV FORUM PACIFIC GT CAPITAL HOUSE OF INV JG SUMMIT JOLLIVILLE HLDG LODESTAR LOPEZ HLDG LT GROUP MABUHAY HLDG METRO PAC INV PACIFICA PRIME MEDIA PRIME ORION REPUBLIC GLASS SAN MIGUEL CORP SM INVESTMENTS SOC RESOURCES SOLID GROUP SYNERGY GRID TOP FRONTIER WELLEX INDUS ZEUS HLDG

0.61 53 14.96 0.73 6.5 17.12 1.39 1.4 899 7.48 11.24 14.94 0.26 889 6.2 64.8 5.68 0.5 4.6 16.62 0.55 4.32 0.04 1.11 3.05 2.55 179 950 0.88 1.33 460 271 0.237 0.34

8990 HLDG 14.24 A BROWN 0.77 ARANETA PROP 2.2 ARTHALAND CORP 0.78 AYALA LAND 46.3 BELLE CORP 2.39 CEB LANDMASTERS 4.77 CEBU HLDG 6.32 CENTURY PROP 0.53 CITY AND LAND 0.78 CITYLAND DEVT 0.88 CROWN EQUITIES 0.235 CYBER BAY 0.385 DM WENCESLAO 11.28 DOUBLEDRAGON 25.95 EMPIRE EAST 0.485 FILINVEST LAND 1.61 GLOBAL ESTATE 1.35 MEGAWORLD 5.68 MRC ALLIED 0.365 PHIL ESTATES 0.5 PHIL INFRADEV 1.67 PHIL REALTY 0.45 PRIMEX CORP 2.87 ROBINSONS LAND 23.35

VOLUME

HIGH

LOW

VOLUME

VALUE

NET FOREIGN BUYING/(SELLING), PHP

2 3.02 40.3 1.88 6.84 0.73 7.2

1.98 3 39.75 1.75 6.8 0.73 7.08

1.98 3.02 40.05 1.75 6.8 0.73 7.2

22,000 11,000 4,639,400 1,099,000 81,600 5,000 3,126,700

43,610 33,020 185,879,850 1,982,420 556,678 3,650 22,330,840

-37,491,050 -19,836 -10,611,609

2GO GROUP 12.62 ABS CBN 19.32 ACESITE HOTEL 1.26 APC GROUP 0.395 APOLLO GLOBAL 0.043 ASIAN TERMINALS 15.6 BERJAYA 2.65 BLOOMBERRY 12 BOULEVARD HLDG 0.071 CEBU AIR 81.1 CENTRO ESCOLAR 7.88 CHELSEA 5.65 DFNN INC 6.6 EASYCALL 10.9 FAR EASTERN U 890 GLOBE TELECOM 1,868 GMA NETWORK 5.24 GOLDEN BRIA 395.6 HARBOR STAR 2.77 INTL CONTAINER 128 IPEOPLE 11.4 IPM HLDG 6.97 ISLAND INFO 0.123 ISM COMM 5.47 LEISURE AND RES 3.84 LORENZO SHIPPNG 0.81 MACROASIA 21.45 MANILA BULLETIN 0.58 MANILA JOCKEY 5.06 METRO RETAIL 3.29 METROALLIANCE A 1.67 NOW CORP 2.18 PACIFIC ONLINE 3.58 PAL HLDG 9.8 PHIL SEVEN CORP 113.8 PHILWEB 3.05 PLDT 1,230 PREMIUM LEISURE 0.73 PRMIERE HORIZON 0.88 PUREGOLD 44.5 ROBINSONS RTL 76.25 SBS PHIL CORP 9.01 SSI GROUP 3.09 STI HLDG 0.67 TRANSPACIFIC BR 0.35 TRAVELLERS 5.62 WATERFRONT 0.71 WILCON DEPOT 16.68

12.66 19.36 1.26 0.41 0.043 15.6 2.65 12.2 0.071 81.2 7.88 5.9 6.62 10.9 890 1,998 5.24 419.6 2.8 137.9 11.4 6.97 0.126 5.6 4.01 0.81 21.8 0.58 5.76 3.3 1.67 2.18 3.58 10 114 3.14 1,257 0.75 0.95 45.2 76.25 9.2 3.29 0.68 0.35 5.64 0.72 16.9

12.5 19.3 1.26 0.395 0.042 15.6 2.5 12 0.069 81 7.88 5.65 6.6 10.54 890 1,868 5.19 395.6 2.71 128 11.3 6.97 0.123 5.47 3.84 0.78 21.35 0.56 5 2.97 1.67 2.09 3.29 9.7 110 3.05 1,220 0.73 0.88 43.55 72.8 9.01 3.04 0.66 0.34 5.62 0.7 16.66

SERVICES 12.6 5,400 19.36 50,300 1.26 39,000 0.41 340,000 0.043 15,100,000 15.6 1,600 2.64 396,000 12.16 2,477,000 0.07 13,500,000 81.05 121,480 7.88 100 5.77 785,400 6.6 162,000 10.8 78,000 890 400 1,990 174,715 5.2 156,300 414.8 2,300 2.72 1,529,000 136.4 2,525,040 11.38 1,000 6.97 10,000 0.124 1,460,000 5.55 1,532,200 3.97 2,843,000 0.8 27,000 21.6 282,600 0.58 360,000 5.3 1,707,500 2.97 34,632,000 1.67 13,000 2.12 4,019,000 3.35 412,000 9.9 58,700 114 305,450 3.08 804,000 1,254 66,855 0.73 2,322,000 0.92 42,516,000 45 2,412,400 73 2,050,430 9.05 12,600 3.26 13,156,000 0.67 468,000 0.35 1,960,000 5.63 2,405,500 0.71 2,831,000 16.84 1,646,600

68,092 972,242 49,140 135,950 644,100 24,960 1,008,320 29,969,190 946,490 9,845,415 788 4,552,522 1,069,317 833,018 356,000 343,282,015 812,519 934,522 4,195,780 338,049,839 11,338 69,700 181,460 8,474,506 11,270,610 21,500 6,090,450 204,380 8,805,267 105,093,990 21,710 8,511,930 1,400,390 585,009 34,811,093 2,465,190 83,125,080 1,700,100 39,267,100 108,230,840 150,819,582 115,270 41,681,630 313,070 674,400 13,540,054 1,998,940 27,712,400

-30,800 -22,772,600 -4,730,338.50 11,400 -660,109 232,064,775 617,150 121,758,894 -47,120 326,594 -43,170 -810 -161,840 -1,048 -4,637,690 -286,500 16,800 -5,000 76,445 2,251,680 -136,290 -1,988,220 -38,535,715 11,421,547.50 -2,900,180 -64,070 -6,800 -12,827,747 15,427,412

ABRA MINING APEX MINING ATLAS MINING ATOK BENGUET A CENTURY PEAK COAL ASIA HLDG DIZON MINES FERRONICKEL GEOGRACE LEPANTO A MANILA MINING A MARCVENTURES NICKEL ASIA NIHAO OMICO CORP ORNTL PENINSULA ORNTL PETROL A ORNTL PETROL B PHILODRILL PHINMA PETRO PX MINING PXP ENERGY SEMIRARA MINING

0.0019 1.27 2.8 12.3 1.26 2.9 0.285 8.03 1.53 0.243 0.111 0.008 1.04 2.38 1.01 0.56 0.89 0.011 0.011 0.012 3.57 3.1 7.9 23.4

0.0019 1.29 2.8 12.3 1.26 2.94 0.29 8.03 1.62 0.243 0.111 0.008 1.07 2.41 1.01 0.57 0.89 0.011 0.011 0.012 3.57 3.13 8.29 23.75

0.0019 1.26 2.79 11.8 1.26 2.86 0.285 7.81 1.53 0.235 0.111 0.008 1.04 2.36 1 0.54 0.88 0.011 0.011 0.011 3.55 3.09 7.9 23.3

MINING & OIL 0.0019 1,000,000 1.26 1,374,000 2.79 71,000 12.2 21,600 1.26 35,000 2.88 1,316,000 0.29 360,000 8.01 3,400 1.6 49,161,000 0.242 1,550,000 0.111 280,000 0.008 1,000,000 1.06 122,000 2.4 1,301,000 1.01 10,000 0.57 508,000 0.89 188,000 0.011 10,400,000 0.011 1,000,000 0.011 900,000 3.56 21,000 3.13 232,000 8.07 787,900 23.65 1,302,500

1,900 1,742,320 198,720 259,348 44,100 3,809,950 104,350 26,836 77,455,850 366,890 31,080 8,000 127,210 3,102,540 10,030 279,150 166,100 114,400 11,000 10,600 74,850 719,670 6,366,210 30,681,465

-761,240 -2,800 194,800 1,277,530 334,090 -65,030 406,415 11,171,250

ABS HLDG PDR AC PREF B1 AC PREF B2 DD PREF FGEN PREF G GMA HLDG PDR GTCAP PREF B HOUSE PREF A LR PREF MWIDE PREF PCOR PREF 2A PNX PREF 3A PNX PREF 3B SMC PREF 2B SMC PREF 2C SMC PREF 2D SMC PREF 2F

18.7 474.8 485 97.5 102 5.2 960 96.5 0.98 101.5 970 100.5 105 75.5 76.1 71.25 74.7

18.7 474.8 495 98.2 102 5.2 960 98.85 0.99 101.5 970 100.5 105 75.5 76.1 71.25 74.7

18.7 467 485 97.5 102 5.2 940 96.5 0.98 101.5 970 100.5 105 75.5 75.8 71.2 73.7

PREFERRED 18.7 100 467 950 495 1,040 98.2 52,010 102 500 5.2 7,600 955 1,970 98.85 240 0.98 300,000 101.5 1,500 970 1,080 100.5 10 105 300 75.5 50 76 17,650 71.2 4,600 73.75 28,590

1,870 444,106 504,800 5,091,186 51,000 39,520 1,889,700 23,183.50 295,000 152,250 1,047,600 1,005 31,500 3,775 1,341,941 327,526 2,108,337.50

1,004,220 -

LR WARRANT

1.94

2.01

1.92

WARRANTS 1.94 611,000

1,199,450

5.85 1.1

5.22 1.06

SME 5.79 1.06

33,790,310 5,488,990

86,605 -1,925,290

FIRST METRO ETF 118.2

118.4

118

493,041

-5,910

USD DMPL A1 USD DMPL A2 USD TECH B2

10.2 10 1

10.2 10 0.99

29,070 50,000 41,700

2,400 -

NAME

OPEN

ROCKWELL SHANG PROP SM PRIME HLDG STA LUCIA LAND STARMALLS SUNTRUST HOME VISTA LAND

1.99 3 40.05 1.87 6.83 0.73 7.18

MS ITALPINAS XURPAS

5.3 1.06

10.2 10 1

TRADING SUMMARY FINANCIAL INDUSTRIAL HOLDING FIRMS

SHARES 8,994,357

103,699,550 79,701,912

PROPERTY

77,260,643

SERVICES

158,703,119

MINING & OIL

73,758,722

GRAND TOTAL

513,187,785

5,936,900 5,128,000

EXCHANGE TRADED FUNDS 118.4 4,170 DDS 10.2 10 1

2,850 5,000 41,900

VALUE 1,749.69 (UP) 14.04 675,437,479.05 FINANCIAL INDUSTRIAL 11,659.70 (DOWN) 51.11 1,243,764,827.68 HOLDING FIRMS 7,568.65 (UP) 27.82 1,123,798,892.26 PROPERTY 4,209.90 (UP) 13.26 SERVICES 1,633.61 (UP) 36.97 903,004,021.62 MINING & OIL 7,728.65 (UP) 41.20 1,396,560,584.62 PSEI 7,910.63 (UP) 48.33 125,729,876.655 All Shares Index 4,886.55 (UP) 26.69 5,508,069,789.93 Gainers: 100; Losers: 86; Unchanged: 50; Total: 236

Metrobank’s income grew 15% to P6.8b By Julito G. Rada METROPOLITAN Bank & Trust Co., the second-largest lender in terms of assets, said Tuesday net income jumped 15 percent in the first quarter to P6.8 billion from P5.9 billion a year ago. Metrobank president Fabian Dee said in a statement the solid performance in January to March was driven by the double-digit growth in operating income on the back of consistent loan growth and margin expansion, higher fee-based income and prudent operational expenditures. “We are pleased with the favorable business results in the first three months. The year is starting on the right track, with performance metrics showing expansion in existing income streams, improving productivity, and most importantly quality growth,” Dee said. “We remain optimistic on the prospects of the economy, which should be supportive of the thriving banking industry. Against this backdrop, we will continue to focus on key initiatives that will impact customer experience, efficiency, governance and sustain profitability for the bank,” he said. Total deposits reached P1.6 trillion by the end of the first quarter, with the bank’s current account savings account ratio at a stable 61 percent to total deposits. This supported the 8.5-percent growth in net loans and receivables to P1.4 trillion which was led by the commercial loan segment comprised of top corporate accounts, middle market and SMEs. Metrobank’s net interest margin for the period attained notable improvement, rising 9 basis points to 3.84 percent. Net interest income came in at P18.1 billion, posting a 12-percent growth year-on-year and accounted for 74 percent of the bank’s total revenues of P24.6 billion. Non-interest income also rose 8 percent to P6.5 billion. This included a 9-percent increase in service fees and commissions to P3.1 billion, P1.5 billion in net trading and foreign exchange gains and P1.6 billion in miscellaneous income. Fee-related revenues and trading income continued to benefit from increased customer business in fixed-income and foreign exchange. Operating expenses slowed down to 10 percent, totaling P13.5 billion. Manpower-related costs accounted for P5.4 billion of the full amount, while the balance was spent on systems and process improvements and continuous investments in information technology.

Higher excise tax rates seen to affect LT Group By Jenniffer B. Austria LT GROUP Inc., the listing holding company of tycoon Lucio Tan, said Tuesday another round of tax increases on cigarettes and alcohol could adversely affect the industry sales. LT Group president Michael Tan said in an interview following the annual stockholders meeting that while the company was not against tax increases, such adjustments should be moderate. “We were included in package 1 of Train [Tax Reform for Acceleration and Inclusion law]. So I guess they [government] wanted additional revenues. We are not against tax increases but the hikes should be moderate,” Tan said. “Continual price increases to pass on higher excise taxes may result in a further drop in industry volumes, which would also hurt government revenue collection,” Tan said. Tan said the total volume of the tobacco industry had declined since the implementation of sin taxes in 2012 and 2018. From a low of P2.72 per pack of 20 sticks in 2012 for the lower tier and P12 per pack for the upper tier, the excise tax on cigarettes is currently at P35 per pack or about 3 times to 13 times more in the span of only seven years. While this resulted in higher selling prices, the industry volume fell from 109 billion sticks in 2012 to 73 billion in 2018. Tan said the higher taxes would result in the proliferation of illicit cigarettes. “The tax-driven price increases make it attractive to make proﬁts from the illicit trade,” Tan said. He said there were proposed bills seeking to increase tobacco tax between P90 to P60 per pack in a bid to curb cigarette consumption among Filipinos. LT Group is allocating P16 billion to P17 billion in capital expenditures this year. Tan said this year’s capital spending would be higher than the usual P10billion program because of the planned P12-billion rights offering of banking arm Philippine National Bank.

World

WEDNESDAY, MAY 8, 2019 CESAR BARRIOQUINTO, Editor mst.daydesk@gmail.com

Myanmar frees two Reuters journalists Y

ANGON―Two Reuters journalists jailed for their reporting on the Rohingya crisis in Myanmar walked out of prison on Tuesday, freed in a presidential amnesty after a vigorous global campaign for their release.

POPE FRANCIS IN SKOPJE. This photo taken and provided by the Vatican Media on May 7, 2019, shows Macedonia’s President Gjorge Ivanov greeting Pope Francis upon his arrival at Skopje international airport on May 7, 2019. AFP

Reporters a symbol of Suu Kyi’s tarnished image YANGON―The case of two Reuters journalists―freed in Myanmar on Tuesday―played a key part in shredding Nobel laureate Aung San Suu Kyi’s reputation as a rights champion after she failed to come to their defense or speak up for the persecuted Rohingya minority. Suu Kyi was once a staunch advocate for the press and a darling of the foreign media, but her silence over the persecuted Rohingya minority has drawn widespread condemnation.

During her long years of house arrest under the former junta―which choked the media inside Myanmar―it was the foreign correspondents who beamed her message of peaceful deﬁance to the outside world. Glowing proﬁles burnished her image, with comparisons made to the Dalai Lama, Nelson Mandela and Martin Luther King. Suu Kyi remains adored inside Myanmar. Supporters of her democracy battle say she has limited control over the mili-

tary, which embarked on reforms in 2010 after almost 50 years in power. Yet former friends and supporters have looked on aghast at her lack of criticism over the military’s campaign against the Rohingya, which UN investigators have said amounted to genocide. Tuesday’s release of Wa Lone and Kyaw Soe Oo after 511 days behind bars brought joy and relief for Myanmar’s embattled press community, but further highlighted Suu Kyi’s crippled legacy. AFP

Buzz is gone in post-attacks nightlife COLOMBO-Before jihadi bombers targeted Sri Lanka in deadly Easter attacks, Rangana Wijesuriya used to party until the small hours in the pulsating restaurants, bars and clubs of downtown Colombo. Now, after the April 21 attacks that killed 257 people, the buzz is gone. The DJs are performing to empty dance ﬂoors and the bar staff are bored. “It is usually really crowded and really noisy here. We were shocked to see that it is really empty,” Wijesuriya, 26, told AFP on a recent Friday night. “Usually when we come we stay until morning and drink and go,” she said, the international auditing ﬁrm employee and her friend the only diners at a restaurant. Sri Lanka remains on high alert after bombers targeted three hotels and churches in attacks claimed by the Islamic State group. In fact, even though it’s only just gone 8:00 pm, the street is such a shadow of its former self that Wijesuriya was thinking of calling it a night.

The pedestrianized Park Street Mews used to be heaving, its many bars and chic restaurants the place to be seen for Sri Lanka’s party set, plus a few tourists. With the island nation still in shock from being the target of such an audacious and horriﬁc attack people are afraid to go out. While before partygoers would have to elbow through 700 or 800 people on a Friday night, now there are barely 20 people on the street. The tapas bar hasn’t bothered hiring the usual band. Every Friday and Saturday night Harpo Gooneratne, a larger-than-life bar and restaurant owner, does the rounds of the places he runs in his chauffeur-driven car. “Colombo’s nightlife, for the last couple of years, has been picking up because the tourists arrivals are getting bigger and bigger,” Gooneratne told AFP. “There were more bars, more restaurants opening, Colombo’s nightlife was taking a huge turnaround. Colombo’s nightlife was on the up,” he said. AFP

ELECTION RE-RUN. Supporters of Istanbul Mayor Ekrem Imamoglu shout anti-government slogans as they take part in a protest against the re-run of the Istanbul mayoral election in Istanbul on May 6, 2019. Turkey’s top election body ordered a re-run of Istanbul’s mayoral election on May 6 after the party of President Recep Tayyip Erdogan complained about its shock defeat in the vote, the state news agency reported. The winner of the election, Ekrem Imamoglu of the main opposition Republican People’s Party, said it was a ‘treacherous decision’ and vowed to fight on. AFP

Fighting kills 43 in Syria’s northwest BEIRUT―The clashes between Syrian government forces and jihadists have killed 43 fighters in the country’s northwest, where the regime and its Russian ally have stepped up bombardment in the past few days, a monitor said. Jihadists also fired rockets at a Russian air base in the region but were repelled, with the attack causing no casualties or damage, the Russian defense ministry said in a statement. Twenty-two pro-government fighters were among those killed in fierce fighting in the

northern countryside of Hama province, the Britain-based Syrian Observatory for Human Rights said on Monday. Twenty-one jihadists, including members of Al-Qaeda’s former Syrian branch, Hayat Tahrir al-Sham (HTS), and its ally the Turkistan Islamic Party, were also killed, the war monitor said. The ﬁghting came as regime forces advanced on two villages and a strategic hilltop in the region, it said. State news agency SANA said Syrian troops launched “intensive operations,” targeting supply lines and areas

where armed groups operate in northern Hama and neighboring Idlib. The region held by HTS has faced intensifying bombardment in the past month, prompting a new wave of displacement. Earlier Monday, ﬁve civilians were killed in shelling and air strikes on Idlib and neighboring areas by Syrian government forces and their Russian allies, said the Observatory. An AFP photographer in Idlib saw several houses completely destroyed by recent attacks. AFP

Wa Lone and Kyaw Soe Oo were mobbed by media as they stepped out of Yangon’s notorious Insein prison after more than 16 months in detention. Their December 2017 arrests made them an international cause celebre and a sign of Myanmar’s deteriorating press freedoms under Nobel laureate and civilian leader Aung San Suu Kyi. Wa Lone, 33, thanked people from “around the world” for advocating for their release and vowed he would return to work. “I can’t wait to go to my newsroom,” he said. “I am a journalist and I am going to continue.” Reuters editor-in-chief Stephen Adler said: “We are enormously pleased that Myanmar has released our courageous reporters”. “Since their arrests 511 days ago, they have become symbols of the importance of press freedom around the world. We welcome their return.” They were freed in an amnesty that included more than 6,000 prisoners. A government spokesman told reporters that family members had sent letters to Suu Kyi and the president Win Myint. “After leaders took into consideration the long-term interest of [the] country, two Reuters journalists were released,” spokesman Zaw Htay said. The two men waved and smiled broadly as they walked out of jail. The pair were convicted on charges of violating the ofﬁcial secrets act and sentenced to seven years each. At the time of their arrest, they had been reporting on a September 2017 massacre of 10 Rohingya Muslims in conﬂict-hit Rakhine state, where the Myanmar army forced

some 740,000 of the stateless minority to ﬂee over the border to Bangladesh. The case prompted an outcry around the world and crushed what was left of Suu Kyi’s legacy as a rights defender. Reuters has said the two were imprisoned in retaliation for their expose. The army jailed seven soldiers for the massacre in a rare response to allegations of atrocities. Military spokesman Zaw Min Tun said it had no comment on the release except that the case was “undertaken in line with the law”. While inside, the duo missed numerous family milestones, including the birth of Wa Lone’s daughter. Their families were overjoyed with the news. “We are very happy,” Chit Su Win, who is married to Kyaw Soe Oo, told AFP. A reunion photo of both couples celebrating, smiling and holding each of their daughters was widely shared on Twitter. During their imprisonment, the journalists were showered with numerous awards and honors in response to their work. Last month, they won the prestigious Pulitzer Prize. Wa Lone and Kyaw Soe Oo were also featured earlier on the cover of TIME magazine as part of its person of the year coverage featuring journalists targeted for their reporting. The case against them became a byword for the war against press freedom and prompted an international campaign that attracted the support of prominent rights lawyer Amal Clooney, who said Tuesday it had been an “honor to represent” her clients. AFP

LGUs

Jimbo Owen Gulle, Editor lgu@manilastandard.net editor.lgustandard@gmail.com

WEDNESDAY, MAY 8, 2019

Bicol Int’l airport to unlock region’ s potential—solon

LOCAL GOVERNMENT UNITS

OLD TIMERS’ PLAYTIME. Manila Mayor Joseph Estrada playfully kneels to kiss the hand of former Senate President Juan Ponce Enrile, who joined forces with the former President to campaign in the capital city (inset) under the banner of their party, the Puwersa ng Masang Pilipino, on Tuesday. Both Enrile, who at 95 is seeking to return to the Senate, and Estrada touted their wisdom and experience to Manila’s voters ahead of the May 13 elections.

SM Foundation welcomes 430 new scholars SM FOUNDATION welcomes 430 new scholars to its college scholarship program on Wednesday, May 8, as it continues the legacy of SM founder Mr. Henry Sy Sr. of investing in the future through education. The awarding of the scholarship grants will be done nationwide, the charitable arm of the mall giant said in a statement. This year, Bataan, Daet and Sorsogon have been added to the list of areas where the scholarship is available. The other areas covered by the scholarship program are the National Capital Region, Albay, Batangas, Benguet, Bulacan, Cagayan, Camarines Norte, Camarines Sur, Cavite, Isabela, Laguna, Nueva Ecija, Palawan, Pampanga, Pangasinan, Quezon, Rizal, Tarlac, and Zambales in Luzon; Capiz, Cebu, Iloilo, Leyte, Negros Occidental in the Visayas; and in Mindanao, Agusan del Norte, Davao del Sur, Misamis Oriental, South Cotabato, and Zamboanga del Sur. The college scholarship program is the flagship program of SM Foundation, whose scholars enjoy full tuition and miscellaneous fees subsidy. They are also provided a monthly stipend and job opportunities at SM malls during summer or Christmas breaks. They are given the option of pursuing courses in Computer Science, Information Technology, Engineering (Civil, Electrical, and Electronics), Education (Elementary and Secondary); Accountancy, and Financial Management, among others. The new scholars join more than 1,500 college grantees SM Foundation maintains at any given time since the scholarship program started. They are enrolled in 82 partner colleges and universities. SM Foundation also supports technical-vocational scholars enrolled in various training centers. Through the tech-voc scholarship, SM Foundation the option of a twoyear course in the areas of Food and Beverage, Automobile Mechanic, Fitter Machinist, Electro-Mechanical Technician, Refrigeration and Airconditioning, Small Arc Welding and Electromechanics are made available to those who do not want to pursue a four-year collegiate degree. By providing the scholars with skills in demand in the market, they are given better opportunities to improve their lives, foundation officials said.

Quake damages dike road, needs repairs

By Romeo Dizon

AN FERNANDO, Pampanga—The P3-billion megadike that protects Pampanga against lahar ﬂows and chronic ﬂooding may not work this rainy season due to extensive damaged it suffered from the magnitude 6.1 earthquake last April 22, government engineers said.

The damage to the access road of the 56-kilometer FVR megadike prompted the engineers to conduct risk assessment and further investigation and study on the dike against extreme weather conditions, like possible massive flooding in the coming rainy season. The dike was constructed to protect the province against lahar, flooding, silt, sediments, and other debris following the eruption of Mt. Pinatubo in 1991.

BAR EXAMS ACHIEVERS.

Two of the 2018 Bar Examinations topnotchers are from Muntinlupa City, as Mayor Jaime Fresnedi (5th from left) lauds Atty. Sean James Borja (Top 1, not in the photo) and Atty. Patricia Sevilla (Top 7, 2nd from left) last Monday for acing the career test. Borja is set to receive a P100,000 incentive while Sevilla will receive P25,000 from the local government. Also recognized in the city’s flag raising rites were Bar passers Atty. Errol Cabrera (4th from left) and Atty. Nemei Santiago (5th from left).

MARIVELES, Bataan—Municipal officials here seeking reelection comprising Team #1Bataan #YesMariveles headed by Mayor Ace Jello Concepcion vowed to continue the progress and efficient delivery of services in this fast-rising industrial town. Concepcion said they have implemented priority developmental projects during his term. “We have built roads, multi-purpose halls, and drainages in your barangays,” the mayor said in a recent campaign sortie. “We bring the government closer to the people with Serbisyong Abot-Kamay Hanggang Barangay (Service Within Reach up to the Villages),” he said. “We are known not only in the province

ASEAN schools review studies on agriculture By Brenda Jocson

LOS BAÑOS, Laguna—Academic executives from six leading agricultural universities in Indonesia, Malaysia, the Philippines, and Thailand were convened by the Philippine government-hosted Southeast Asian Regional Center for Graduate Study and Research in Agriculture to revisit the status of curricula and research programs on pasture and forage crops at its headquarters here. The participating universities are all members of the SEARCA-initiated Southeast Asian University Consortium for Graduate Education in Agriculture and Natural Resources. They are Institut Pertanian Bogor, Universitas Gadjah Mada, and Universitas Brawijaya, all in Indonesia; Universiti Putra Malaysia; Kasetsart University in Thailand; and University of the Philippines Los Baños. Deans and heads of animal science and crop science departments of these ASEAN universities identified the strengths, gaps, opportunities, and challenges in curriculum and research programs. They presented the status of their respective university’s curriculum and research programs on pasture and forage. Ensuing small-group brainstorming sessions enabled them to determine the common issues, gaps, and challenges.

Vizcayanos, visitors told to keep it clean for Ammungan Festival By Ben Moses Ebreo BAYOMBONG, Nueva Vizcaya—Officials of the 2019 Ammungan Festival have appealed to Novo Vizcayanos and visitors to strictly observe traffic rules, proper solid waste disposal, and punctuality in watching the events and activities of this year’s provincial anniversary celebration.

Mariveles vows to build on gains By Butch Gunio

Danny Canlas, maintenance engineer of the Pampanga Second Engineering Office of the Department of Public Works and Highways, said because of the damages, they were forced to open the dike road only to light vehicles. Canlas said the dike suffered scattered but serious damages in the portions of Porac, Bacolor, and San Fernando and the other parts along the coastal towns of Pampanga.

At present, the Unified Management Office for Floods Controls is now conducting an assessment and investigation with the help of engineers from the DPWH central office to speed up the evaluation and repairs of damaged portions if necessary before the onset of the rainy season. He also said the Consuelo bridge in Floridalanca is now open to traffic to all kinds of vehicles. The threat must be addressed immediately to protect the communities, livelihood and properties against catastrophic floods and landslides, the engineers added. The damages on the access road’s two lanes on both sides were deep, scattered, intermittent, and irregular, thus making the investigation and study so tedious they cannot determine the length destroyed by the tremor.

DARAGA, Albay—The Bicol International Airport being built here, targeted for completion next year, is seen to unlock the tourism potential of Southern Luzon, according to Albay Rep. Joey Sarte Salceda. The Albay lawmaker noted that with the country’s encouraging trend on tourism, the BIA is expected to play a major role in achieving a target potential of 20 million tourist arrivals annually. Last Week, tourism officials reported a record high 7.6 percent growth, or about 2.2 million arrivals in the first quarter of the year. They said this was boosted primarily by “a lot of direct flights by our carriers, most specially the newly established routes with Japan and Australia.” South Korea has remained the Philippines’ top source of foreign tourists, followed by China, the United States, Japan and Australia. Salceda said the report was an “impressive performance, and that the Philippines is now starting to achieve its envisioned (target of) 20 million tourist arrivals per year.” The solon said Bicol would be hailed as the “Most Scenic Gateway” the country would ever have, and that the role of the BIA “will be huge since the Department of Tourism has upped its campaign in bringing foreign ambassadors to the country’s globally known, yet less-visited destinations.” Tourists flying in via the BIA will land right in the heart of the Bicol region’s tourism hub, Albay province, home to the iconic Mayon Volcano and the Cagsawa Ruins without travelling far from the airport to visit them, the lawmaker pointed out. Salceda expressed optimism that with its P4.798-billion budget, the project will be completed before the end of President Rodrigo Duterte’s term.

Dr. Ma. Carla Lucia Torralba, 2019 Ammungan Festival director-general, said traffic rerouting will be enforced in this town especially on May 24, the fiesta day proper, as delegations from the 15 municipalities, officials and employees of the provincial capitol, national government agencies and civil society organizations of the province,

but in the entire country for being an awardee of the Seal of Good Local Governance from the DILG (Department of the Interior and Local Government),” the mayor said. Mariveles has also become a consistent recipient of the Seal of Good Financial Housekeeping from the DILG for efficient fiscal management and financial transparency, he noted. With their serious effort in the tobacco control initiative the town also became a recipient of the Red Orchid award from the Department of Health, the mayor reported. Concepcion also reported to townsfolk the programs he initiated in education, agriculture, and disaster response. He also cited the continued efficient delivery of basic services to the people.

will converge for the Parade of Floats and Street Dancing Competition. “We will be prohibiting the entry of vehicles near the grand parade route early to ensure the smooth flow of traffic and movement of our parade. Our participants are advised to come earlier to preposition their vehicles within the designated areas,” she said in a press

conference Tuesday. Torralba, also the Human Resource Management Officer of the provincial government, said the front lanes of the provincial capitol will be opened as entrances of vehicles. The gates near the Department of Public Works and Highways and National Bureau of Investigation offices will be opened as exit points.

SGLG AWARD.

Barangay captạin Marvin dela Cruz of Mulawin, Orani, Bataan (3rd from right) receives the plaque of the Seal of Good Local Governance award for his village from officials of the Orani municipal government and local Department of the Interior and Local Government officers. Butch Gunio

Life

Bernadette Lunas, Issue Editor manilastandardlife@gmail.com @manilastandardlife @MStandardLIFE

FASHION AND BEAUTY

WEDNESDAY, MAY 8, 2019

Mother’s Day

2019 gift guide T

HE queen gets all the beautiful, shiny things. And because mothers are the queen of the house, it’s only natural that we get her nice things she will love. Here’s a list of gift ideas to get for your mom, grandma, mother-in-law, wife, or fellow moms.

Nuxe Crème Prodigieuse Boost

Give young moms the gift of freshness, radiance, and smooth skin with a multi-corrective beauty cream infused with Jasmine flower and Hyaluronic acid. Available at Rustan’s

L’Oreal makeup (with bouquet, pamper session)

Get mom P999 worth of makeup from L’Oreal Paris counters at SM Megamall and Mall of Asia, and make her happier as it comes with a free makeup bouquet from Holland Tulips and free lipstick engraving. Free pamper session from Nailaholics comes with every P999 makeup purchase at selected counters. Free makeover for moms is available at all counters.

Babyliss Diamond Big Hair Dual

For the busy mom who’s loves salon-perfect blow outs, gift her with the next best thing: a rotating hot air styler brush with Diamond Radiance system that promises flawless, super shiny, blowdry finish hair, every day. Available at Rustan’s

Berdoues 1902 Eau de Cologne Naturelle

For moms who like all things au naturel, captivate her senses with the vibrant citrus scent of Naturelle that blends freshness and simplicity. The amber notes of this nature-inspired eau de cologne reveals both power and elegance. Available at Rustan’s

Covergirl Outlast Active Foundation

This sweat-proof, transfer-proof, and humidity-proof foundation packed with SPF 20 works just as hard as mom does and will last her all day long. Available at Rustan’s

BKR Tutu glass water bottle

Keep her hydrated with ultra-stylish, recyclable, and non-toxic water bottle. Available at Rustan’s

Max Factor Lipfinity Velvet Matte Lipstick

Infused with coconut extract, this super hydrating, waterproof, transfer-proof multiple-benefit MLBB will keep mom’s lips looking gorgeous for up to 24 hours without leaving them dry and flaky. Available at Rustan’s

Spanx Waist Cincher

Get one for mom for when she needs a little extra help to fit comfortably and svelte-ly into her power suits and evening dresses. Available at Rustan’s

Sally Hansen Miracle Gel Nail Polish

Swarovski Mother’s Day collection

Nothing captures a mother’s love quite like how the sun nurtures and shines. Get her pieces from Swarovski’s special collection for the occasion. From minimalist styles to intricately detailed designs, the collection relies on clean lines and sculptural suninspired silhouettes that are both timeless and of the moment. Available at Rustan’s

As the saying goes, a woman’s only helpless while her nail polish is drying. Give mom the life-proof, chip-resistant Sally Hansen Miracle Gel Downtown Dusk Collection to make sure the “wait” is worth it. No UV lamp required! Available at Rustan’s

TechnoMarine timepiece

Show mom that although she might feel like she doesn’t have enough time in a day, there’s time for things that make her smile. The Sea Lady, with its Swiss movement, is perfect for those with keen attention to detail. Sea Beauty is elegance personified, ideal for moms who prefer timeless style. The Sea Pearl, on the other hand, is the best match for fashionable mamas, and the Cruise Original is made for the active mom what with its water resistance and three sub-dials. Available at TechnoMarine outlets

Cuisinart Power Trio Hand Blender

Giving mom a Power Trio Hand Blender is like hiring a sous chef for her to chop, slice, and shred all of her fruits and vegetables, so she doesn’t have to. Available at Rustan’s

Tefal Pure Chef Plus Deep Fry Pan and Saucepan

Can moms ever have enough non-stick pans? The answer is no. Until, of course, she finds a pair of aluminum deep fry pan and saucepan like these from Pure Chef Plus that are not just highly durable but look very elegant, too. Available at Rustan’s

-MANDALUYONG CITY

CYAN MAGENTA YELLOW BLACK Manila

Standard WEDNESDAY 8, 2019 C2 MAYTODAY

REVISED ZONAL VALUATION – RDO NO. 42 – SAN JUAN CITY

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Roxas Boulevard Corner Pablo Ocampo, Sr. Street Manila 1004

DEPARTMENT ORDER NO. 30 - 2019 April 8, 2019

SUBJECT:

IMPLEMENTATION OF THE REVISED SCHEDULE OF ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF SAN JUAN (6TH REVISION) WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 42 - SAN JUAN CITY, FOR INTERNAL REVENUE TAX PURPOSES. All Internal Revenue Officers and Others Concerned.

Section 4 of Republic Act 10963, otherwise known as the “Tax Reform for Acceleration and Inclusion (TRAIN)” Law, amending Section 6 (E) of National Internal Revenue Code (NIRC) of 1997, authorizes the Commissioner Internal Revenue to divide the Philippines into different zones or areas and shall determine the fair market value of real properties located in each zone or areas, subject to automatic adjustment once every three (3) years. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in the City of San Juan (6th revision), within the jurisdiction of Revenue District No. 42 - San Juan City, Revenue Region No. 7 - Quezon City, after public hearing was conducted on August 23, 2018. This Order is issued to implement the Revised Schedule of Zonal Values of Real Properties for purposes of computing any internal revenue tax due on sale/transfer or any disposition of real properties . The zonal values established herein shall apply provided the same is higher than (1) the fair market value as shown in the schedule of values of the provincial or city assessor and (2) the gross selling price/consideration as shown in the duly notarized document of sale or transfer of real property. This Order shall take effect immediately. CARLOS G. DOMINGUEZ Secretary of Finance RECOMMENDED BY:

CAESAR R. DULAY Commissioner of Internal Revenue DEFINITION OF TERMS

RESIDENTIAL

LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION. COMMERCIAL LAND DEVOTED PRINCIPALLY TO COMMMERCIAL PURPOSES AND GENERALLY FOR THE OBJECT OF PROFIT.

INDUSTRIAL

DEVOTED PRINCIPALLY TO INDUSTRY AS CAPITAL.

AGRICULTURAL

DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE, CORN, SUGARCANE, TOBACCO, ETC. OR TO PASTURING, INLAND FISHING, SALT-MAKING, AND OTHER AGRICULTURAL USES INCLUDING TIMBERLAND AND FOREST LAND.

GENERAL PURPOSE RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA WHICH HAS POTENTIAL FOR DEVELOPMENT INTO RESIDENTIAL, COMMERCIAL, INDUSTRIAL, INSTITUTIONAL, ETC. MUST NOT BE LESS THAN 5,000 SQUARE METERS. CONDOMINIUM

VICINITY

IS AN INTEREST IN REAL PROPERTY CONSISTING OF A SEPARATE INTERESTS IN A UNIT A RESIDENTIAL, INDUSTRIAL OR COMMERCIAL BUILDING OR IN AN INDUSTRIAL ESTATE AND AN UNDIVIDED INTERESTS IN COMMON, DIRECTLY AND INDIRECTLY, IN THE LAND OR THE APPURTENANT INTEREST OF THEIR RESPECTIVE UNITS IN THE COMMON AREAS. MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A STREET BEING LOCATED.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: ADDITION HILLS (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF TOWNHOUSES BREECE RESIDENCES ZAMORA-ARAULLO ALL OTHER TOWNHOUSES

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: BALONG BATO STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS A. JUAN SAN JUAN TOWNHALL A. LAKE AURORA BLVD. A. LUNA SAN JUAN TOWNHALL A. SANTOS AURORA BLVD. AURORA BLVD. A. LUNA-DE LEON C. LEYVA DE LEON F. ROMAN G. REYES GUZMAN H. LOZADA J. RUIZ LIWAYWAY LOURDES MARINA MILAGROS N. DOMINGO

A. LUNA-H. LOZADA AURORA BLVD.-N. DOMINGO N. DOMINGO-AURORA BLVD. AURORA BLVD.-N. DOMINGO A. LAKE-R. LAGMAY AURORA BLVD.-N. DOMINGO AURORA BLVD.-N. DOMINGO AURORA BLVD.-END OF LIWAYWAY N. DOMINGO-DE LEON LOURDES DRIVE-DE LEON N. DOMINGO A. LUNA-DE LEON

R. LAGMAY ALL OTHER STREETS

A. LUNA-DE LEON

NAME OF CONDOMINIUMS AURORA RESIDENCES R. LAGMAY LITTLE BAGUIO TERRACES-CLUSTER 1 AURORA BLVD. LITTLE BAGUIO TERRACES-CLUSTER 2 AURORA BLVD. MILAGROS I COND.

MILAGROS

SUNTRUST AURORA GARDENS-TOWER I AURORA BLVD. SUNTRUST AURORA GARDENS-TOWER II AURORA BLVD. ALL OTHER CONDOMINIUMS

CR RC CC CL A

Commercial Regular Residential Condominium Commercial Condominium Cemetery Lot Agricultural

CLASSIFICATION Government Land

GP I X APD PS

General Purposes Industrial Institutional Area for Priority Development Parking Slot

A26 A27 A28 A29 A30 A31 A32 A33 A34 A35 A36 A37 A38 A39 A40 A41 A42 A43 A44 A45 A46 A47 A48 A49 A50

Bamboo Land Peanut Land Soy beans Land Grape vineyard Pepper Land Mineral Land Non Metallic mineral Land Coal Deposit African Oil Land Rubber Land Forest Land/Timber Land Horticultural Land Salt Beds Seashore Resort Sandy/Stony Prawn pond Sorghum Ipil-ipil Kangkong Zarate Vegetable Land Coffee Mountainous / Hilly Areas Other Agricultural Lands

AGRICULTURAL LANDS

A1 A2 A3 A4 A5 A6 A7 A8 A9 A10 A11 A12 A13 A14 A15 A16 A17 A18 A19 A20 A21 A22 A23 A24 A25

Riceland Irrigated Riceland Unirrigated Upland Coco Land Citrus Land Fishpond Swamp Nipa Land Cotton Land Cogon Abaca Land Orchard Pineapple Land Banana Land Pasture Land Corn Land Sugar Land Tobacco Land Cacao Lanzones Durian Rambutan Mango Mangrove Camote/Cassava

REVENUE REGION NO. 7, QUEZON CITY \REVENUE DISTRICT OFFICE NO. 042, SAN JUAN PROVINCE: N C R CITY/MUNICIPALITY : SAN JUAN CITY BARANGAY : ADDITION HILLS STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS A MABINI WILSON-ARAULLO ARAULLO P GUEVARRA-SHAW BLVD ARELLANO P GUEVARRA-SHAW BLVD ARGONNE P GUEVARRA-SHAW BLVD BURGOS P GUEVARRA-SHAW BLVD C M RECTO P GUEVARRA-E RODRIGUEZ CORTA HOOVER CAPT ROJA RECTO- WACK WACK E RODRIGUEZ RECTO- WACK WACK GEORGE P GUEVARRA-SHAW BLVD P GOMEZ P GUEVARRA-SHAW BLVD HOOVER M H DEL PILAR MAUDE MENCIAS MONTESSORI LANE ORTEGA P GUEVARRA

P GUEVARRA-SHAW BLVD P BURGOS-ARAULLO P GUEVARRA-SHAW BLVD P GUEVARRA-SHAW BLVD P GUEVARRA-ARAULLO GUEVARRA-ADD’N HILLS SCH

P BURGOS WILSON

PILAR-ARAULLO GUEVARRA-A. MABINI

ZAMORA ALL OTHER STREETS

P GUEVARRA-SHAW BLVD.

NAME OF CONDOMINIUMS ANCHOR RESIDENCE 2 ORTEGA-BURGOS CLASSICA MANOR CONDO

ARAULLO-MONTESSORI LANE

DOVER HILL

MABINI/PILAR/ORTEGA

FIRST BARON RESIDENCES

A. MABINI

HOOVER PLACE COND. ADDITION HILLS LIEGE COURT

C.M. RECTO

THE TORII RESIDENCES

P. GOMEZ

ALL OTHER CONDOMINIUMS

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR RR RR RR RR RR RR RR RR CR RR RR RR RR RR RR CR RR RR CR RR RR CR RR

46,000.00 45,000.00 46,000.00 46,000.00 42,000.00 42,000.00 42,000.00 42,000.00 41,000.00 42,000.00 39,000.00 52,000.00 45,000.00 50,000.00 42,000.00 42,000.00 42,000.00 45,000.00 67,000.00 49,000.00 51,000.00 114,000.00 82,000.00 37,000.00 52,000.00 37,000.00

RC PS RC PS RC PS RC CC PS RC CC PS RC PS RC PS

86,000.00 60,000.00 51,000.00 36,000.00 88,000.00 62,000.00 92,000.00 110,000.00 64,000.00 66,000.00 79,000.00 46,000.00 63,000.00 44,000.00 87,000.00 61,000.00

57,000.00

CC PS

74,000.00 47,000.00

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

71,000.00 50,000.00 67,000.00 47,000.00

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR RR CR RR RR RR RR RR RR RR RR RR RR RR RR CR RR RR CR RR

24,000.00 24,000.00 14,000.00 14,000.00 67,000.00 49,000.00 24,000.00 21,000.00 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00 19,000.00 19,000.00 19,000.00 19,000.00 67,000.00 48,000.00 24,000.00 65,000.00 21,000.00

RC PS RC PS RC PS RC PS RC PS RC PS RC PS

64,000.00 45,000.00 86,000.00 60,000.00 86,000.00 60,000.00 60,000.00 42,000.00 55,000.00 38,000.00 55,000.00 38,000.00 64,000.00 45,000.00

CLASSIFICATION LEGEND:

CODE GL

TH / RC PS TH / RC PS

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

TOWNHOUSES IN J. RUIZ ST. J. RUIZ CODE CLASSIFICATION RR Residential Regular

6TH CLASSIFIREVISION CATION ZV/SQ.M

ALL OTHER TOWNHOUSES

6TH CLASSIFIREVISION CATION ZV/SQ.M TH / RC PS TH PS TH / RC PS

76,000.00 53,000.00 62,000.00 43,000.00 64,000.00 45,000.00

Note: The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: BATIS STREET NAME/ 6TH CLASSIFISUBDIVISION/ VICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS A RITA BLUMENTRITT-RJ FERNANDEZ RR 21,000.00 A VILLA A RITA-F MANALO RR 21,000.00 COL SAN MIGUEL A RITA-SAN CARLOS RR 24,000.00 E FERNANDEZ BLUMENTRITT-SALVADOR RR 21,000.00 SALVADOR-F MANALO RR 21,000.00 F BLUMENTRITT A RITA- R J FERNANDEZ CR 60,000.00 RR 44,000.00 F MANALO N DOMINGO-RJ FERNANDEZ CR 36,000.00 I 30,000.00 RR 21,000.00 GEN MALVAR E FERNANDEZ-R PASCUAL RR 21,000.00 GEN BAUTISTA BLUMENTRITT-RITA RR 21,000.00 GEN MALVAR-F MANALO RR 21,000.00 GEN SAN LUIS MANALO-FERNANDEZ RR 21,000.00 GEN SAN PABLO SAN JOSE-RJ FERNANDEZ RR 22,000.00 JOSE WRIGHT R PASCUAL-SAN JUAN RIVER RR 21,000.00 M SALVADOR FERNANDEZ-MANALO RR 24,000.00 BATIS-KABAYANAN BGY RR 24,000.00 R FERNANDEZ F BLUMENTRITT-RITA RR 27,000.00 R PASCUAL A RITA-F MANALO RR 22,000.00 F BLUMENTRITT-J WRIGHT RR 22,000.00 J WRIGHT-A RITA RR 22,000.00 S TUANO A RITA-BLUMENTRITT RR 24,000.00 SAN CARLOS SAN LUIS-SAN MIGUEL RR 21,000.00 SAN JOSE J WRIGHT-SAN MIGUEL RR 21,000.00 SAN MAURICIO RR 21,000.00 SAN RAFAEL J WRIGHT-SAN LUIS RR 22,000.00 VALENZUELA F BLUMENTRITT-A RITA RR 25,000.00 A RITA-MALVAR RR 24,000.00 MALVAR-SALVADOR-MANALO RR 24,000.00 ALL OTHER STREETS CR 35,000.00 I 30,000.00 RR 21,000.00 NAME OF CONDOMINIUMS LITTLE BAGUIO GARDENS KABAYANAN-R FERNANDEZ ALL OTHER CONDOMINIUMS NAME OF TOWNHOUSES A. RITA TOWNHOUSE A. RITA ALL OTHER TOWNHOUSES

RC PS RC PS

126,000.00 88,000.00 99,000.00 69,000.00

TH / RC PS TH / RC PS

53,000.00 37,000.00 68,000.00 48,000.00

PANCHO VILLA PARAISO

JOSEFA DRIVE-LEDESMA N. DOMINGO - PATERNO LT. ARTIAGA-SANTOLAN N DOMINGO-ALF XIII YAKAL - DE JESUS DE JESUS -IPIL-YAKAL-END ARTIAGA-PINAGLABANAN PINAGLABANAN-LACTAO LACTAO-DE JESUS C. DE JESUS-IPIL IPIL - YAKAL YAKAL - LT ARTIAGA ARTIAGA-M PATERNO PARAISO-PINAGLABANAN PINAGLABANAN-SOTTO PINAGLABANAN-LACTAO LACTAO - P. VILLA

6TH CLASSIFIREVISION CATION ZV/SQ.M CR RR RR CR RR RR RR RR RR CR I RR CR RR CR RR RR RR CR CR CR CR CR CR CR RR RR RR RR RR

56,000.00 34,000.00 20,000.00 46,000.00 29,000.00 22,000.00 20,000.00 27,000.00 25,000.00 44,000.00 24,000.00 22,000.00 60,000.00 32,000.00 58,000.00 37,000.00 25,000.00 25,000.00 69,000.00 71,000.00 71,000.00 71,000.00 71,000.00 71,000.00 71,000.00 60,000.00 30,000.00 30,000.00 29,000.00 28,000.00

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: CORAZON DE JESUS (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE PARAISO P. VILLA - VICTORIA P VILLA-DE JESUS VICTORIA-DE JESUS PINAGLABANAN N. DOMINGO-GUEVARRA N. DOMINGO - PARAISO PARAISO - P. VILLA P. VILLA - NARCISO NARCISO-GUEVARRA EXT. GUEVARRA-SANTOLAN NARCISO-SANTOLAN RD SANTOLAN ROAD PINAGLABANAN-PATERNO P. GUEVARRA-PATERNO V. SOTTO C DE JESUS-PARAISO YAKAL N DOMINGO-MULAWIN C. DE JESUS-MULAWIN MULAWIN-IPIL IPIL-YAKAL ALL OTHER STREETS NAME OF CONDOMINIUMS CLAIREMONT HILLS PARK SUITES ALFONSO XIII/ARTIAGA LAUREL MANSION CLASSIQUE M. PATERNO ROYAL VIEW MANSION LT ARTIAGA SUNDAY HOMES CONDOMINIUM CORP. N.DOMINGO/LT. ARTIAGA ALL OTHER CONDOMINIUMS

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR CR CR CR CR CR RR RR CR RR RR RR RR RR RR CR RR

28,000.00 28,000.00 28,000.00 52,000.00 52,000.00 56,000.00 56,000.00 53,000.00 25,000.00 25,000.00 56,000.00 36,000.00 23,000.00 27,000.00 27,000.00 27,000.00 39,000.00 40,000.00 20,000.00

RC PS RC PS RC PS RC PS RC PS

92,000.00 65,000.00 59,000.00 42,000.00 63,000.00 44,000.00 60,000.00 42,000.00 64,000.00 45,000.00

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: ERMITANO STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS ALICIA AURORA BLVD. AURORA BLVD A JUAN C CRUZ N. DOMINGO-ERMITANO C C RUIZ (NOW MENDOZA ST.) AURORA BLVD-A SORIANO M CRISTOBAL DE LEON F SANTOS GREY LOURDES DRIVE MARINA MILAGROS N DOMINGO

N DOMINGO-F SANTOS MARINA-M CRISTOBAL AURORA BLVD-A SORIANO AURORA BLVD N DOMINGO-AURORA BLVD DE LEON-LOURDES DRIVE AURORA BLVD-N DOMINGO DE LEON-MARINA

R. LAGMAY SORIANO ALLEY ALL OTHER STREETS

AURORA BLVD - ERMITANO CREEK M CRISTOBAL-F SANTOS AURORA BLVD

NAME OF CONDOMINIUMS LITTLE BAGUIO TERRACES-CLUSTER 3 N DOMINGO LITTLE BAGUIO TERRACES-CLUSTER 4 N DOMINGO ALL OTHER CONDOMINIUMS NAME OF TOWNHOUSES PARK PLACE TOWNHOUSE AURORA BLVD ALL OTHER TOWNHOUSES

6TH CLASSIFIREVISION CATION ZV/SQ.M RR CR RR RR RR I RR RR RR RR RR RR RR CR RR RR RR RR CR RR I

17,000.00 62,000.00 43,000.00 17,000.00 19,000.00 30,000.00 18,000.00 17,000.00 17,000.00 17,000.00 20,000.00 17,000.00 20,000.00 57,000.00 43,000.00 30,000.00 17,000.00 17,000.00 54,000.00 17,000.00 30,000.00

RC PS RC PS RC PS

98,000.00 69,000.00 98,000.00 69,000.00 77,000.00 54,000.00

TH / RC PS TH / RC PS

55,000.00 38,000.00 60,000.00 42,000.00

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: GREENHILLS STREET NAME/ 6TH SUBDIVISION/ CLASSIFIVICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS ADAMS ROOSEVELT-WILSON RR 84,000.00 ALBANY ANNAPOLIS-NEVADA RR 85,000.00 ANNAPOLIS EDSA - EISENHOWER CR 145,000.00 ARTHUR BUCHANAN-E’HOWER RR 83,000.00 BUCHANAN MONTESSORI CTR RR 83,000.00 CLEVELAND WILSON-JAKSON RR 84,000.00 COLUMBIA ANNAPOLIS-CONNECTICUT RR 98,000.00 CONNECTICUT EDSA - FLORIDA CR 118,000.00 FLORIDA - XAVIER RR 92,000.00 COOLIDGE ROOSEVELT-JACKSON RR 85,000.00 DON MIGUEL WILSON-WILSON RR 82,000.00 DONA PAZ DON MIGUEL-DEAD END RR 82,000.00 DUKE FLORIDA-COLUMBIA RR 79,000.00 EDSA ANNAPOLIS-CONNECTICUT CR 173,000.00 EISENHOWER ANNAPOLIS-DEAD END CR 131,000.00 FILMORE BUCHANAN-E’HOWER RR 83,000.00 FLORIDA COLUMBIA-CONNECTICUT RR 106,000.00 GARFIELD MONROE - JACKSON RR 84,000.00 GRANT WASHINGTON-XAVIER CR 87,000.00 XAVIER - CREEK CR 87,000.00 HARDING MONROE - JACKSON-WILSON RR 82,000.00 HARRISON TYLER-KENNEDY-MUN.CEMETERY RR 82,000.00 HAYES KENNEDY-EISENHOWER-BUCHANAN RR 83,000.00 ILLINOIS ANNAPOLIS-NEVADA RR 85,000.00 JACKSON COOLIDGE-HARDING RR 83,000.00 JEFFERSON ROOSEVELT-CONNECTICUT RR 83,000.00 JOHNSON BUCHANAN-EISENHOWER CR 87,000.00 RR 82,000.00 KENNEDY TYLER-HAYES RR 83,000.00 LA SALLE ANNAPOLIS-CONNECTICUT RR 85,000.00 LINCOLN ROOSEVELT-CONNECTICUT RR 83,000.00 MADISON ORTIGAS-XAVIER CR 92,000.00 BUCHANAN-ORTIGAS RR 83,000.00 MCKINLEY ORTIGAS-EISENHOWER CR 104,000.00 MISSOURI ANNAPOLIS-CONNECTICUT RR 99,000.00 MONROE WILSON - GARFIELD/HARDING RR 84,000.00 NEVADA MISSOURI-COLUMBIA RR 85,000.00 ORTIGAS AVENUE CONNECTICUT-WILSON-ROOSEVELT-MADISON CR 130,000.00 MADISON-XAVIER-SANTOLAN CR 130,000.00 XAVIER-SANTOLAN CR 117,000.00 POLK KENNEDY-EISENHOWER RR 83,000.00 POTSDAM ANNAPOLIS-NEVADA RR 85,000.00 RR 84,000.00 PURDUE ANNAPOLIS-NEVADA ROOSEVELT NORTH GREENHILLS CR 92,000.00 RR 83,000.00 WEST GREENHILLS RR 83,000.00 TAFT ROOSEVELT-JACKSON RR 84,000.00 TYLER BUCHANAN-HARRISON(MUNICIPAL CEM) RR 82,000.00 VAN BUREN KENNEDY-HAYES RR 83,000.00 WASHINGTON XAVIER-CONNECTICUT RR 84,000.00 WILSON ORTIGAS-CREEK CR 122,000.00 WILSON CIRCLE WILSON RR 62,000.00 WILSON TERRACES WILSON CR 110,000.00 RR 62,000.00 XAVIER KENNEDY-WILSON CR 106,000.00 RR 63,000.00 X 72,000.00 ALL OTHER STREETS CR 77,000.00 RR 62,000.00 X 72,000.00 NAME OF TOWNHOUSES ALL OTHER TOWNHOUSES NAME OF CONDOMINIUMS 1ST GREENHILLS COND. CORP. GRAND/XAVIER

1ST MIDLAND PARK MANOR (I MIDLAND) XAVIER ST.

2ND MIDLAND PARK MANOR COND. (II MIDLAND) ORTIGAS/WASHINGTON/MADISON

27 ANNAPOLIS RESIDENCES ANNAPOLIS

81 XAVIER RESIDENCES

XAVIER ST.

TH / RC PS

60,000.00 43,000.00

RC CC PS RC CC PS RC CC PS RC CC PS RC

90,000.00 102,000.00 63,000.00 60,000.00 72,000.00 42,000.00 65,000.00 84,000.00 55,000.00 90,000.00 102,000.00 63,000.00 90,000.00

CYAN MAGENTA YELLOW BLACK

CYAN MAGENTA YELLOW BLACK Manila

Standard

REVISED ZONAL VALUATION – RDO NO. 42 – SAN JUAN CITY

TODAY

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: GREENHILLS (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE ANNAPOLIS TOWER COND.

ANNAPOLIS

ANNAPOLIS WILSHIRE COND. ANNAPOLIS AVALON COND.

XAVIER ST.

BLUE SPHERE PROP. CHIMES GREENHILLS

ORTIGAS AVE. ANNAPOLIS

CONNOR AT GREENHILLS

CLUB FILIPINO

CONTINENTAL COURT ANNAPOLIS CONTINENTAL PLAZA

ANNAPOLIS

6TH CLASSIFIREVISION CATION ZV/SQ.M PS RC CC PS RC CC PS RC CC PS CC RC CC PS RC CC PS RC CC PS RC CC PS

63,000.00 60,000.00 72,000.00 51,000.00 65,000.00 77,000.00 55,000.00 55,000.00 71,000.00 47,000.00 69,000.00 90,000.00 102,000.00 63,000.00 80,000.00 92,000.00 56,000.00 62,000.00 70,000.00 53,000.00 62,000.00 70,000.00 53,000.00

Note: 1.

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 2. * - Not existing 3. ** - Values under 5th Revision were not used due to absence of publication in the Official Gazette, thus unofficial. Therefore, the 4th Revision is hereby used as reference.

CORTIJOS G’HILLS

EISENHOWER

DECO CENTRUM

EDSA/ANNAPOLIS

EISENHOWER COND.

EISENHOWER

FORUM MNGT. DEV’T. / GREENHILLS COURT ANNAPOLIS

GOLD BUILDING

ANNAPOLIS

GOLD TOWER COND.

ANNAPOLIS

GOLDHILL TOWER COND. ANNAPOLIS

GOLDLAND PLAZA COND. EISENHOWER

GOLDLAND TOWER COND. EISENHOWER

GRACE OFFICE COND. ORTIGAS/WASHINGTON GREENHILLS TERRACES COND. DON MIGUEL

GREENHILLS WASHINGTON RESIDENCES WASHINGTON/XAVIER

LA PAZ SHOPPESVILLE ORTIGAS/CONNECTICUT/MCKINLEY LIMKETKAI SONS MILLING INC. ORTIGAS/WASHINGTON LPL GREENHILLS EISENHOWER

MERCEDES COND. I

ANNAPOLIS

MEREDIEN COND. CORP. (THE MERIDIEN) ANNAPOLIS

RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS CC RC CC PS RC CC PS CC CC RC CC PS RC CC PS RC CC PS

60,000.00 72,000.00 51,000.00 55,000.00 67,000.00 46,000.00 65,000.00 77,000.00 55,000.00 60,000.00 72,000.00 51,000.00 60,000.00 72,000.00 49,000.00 60,000.00 72,000.00 51,000.00 65,000.00 77,000.00 55,000.00 65,000.00 77,000.00 55,000.00 65,000.00 77,000.00 55,000.00 74,000.00 75,000.00 87,000.00 53,000.00 65,000.00 72,000.00 46,000.00 62,000.00 74,000.00 60,000.00 72,000.00 51,000.00 60,000.00 72,000.00 51,000.00 70,000.00 82,000.00 58,000.00

Note: 1.

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 2. ** - Values under 5th Revision were not used due to absence of publication in the Official Gazette, thus unofficial. Therefore, the 4th Revision is hereby used as reference.

MONTEVERDE MANSIONS XAVIER ST. ONE BEVERLY PLACE COND. ANNAPOLIS ONE WILSON PLACE CONDO. WILSON - ORTIGAS PLATINUM 1000 COND. ANNAPOLIS PLATINUM 2000 COND. ANNAPOLIS PLATINUM COND. PROJECT ANNAPOLIS PROVIDENCE BLDG.

ANNAPOLIS

RICHBELT TERRECES COND. ANNAPOLIS RICHBELT TOWER COND. ANNAPOLIS ST. FRANCIS COND.

XAVIER ST.

STATE COND. IV CORP. ORTIGAS/WASHINGTON SUNNYVALE COND. XAVIER ST. SUNRISE OFFICE COND. I ORTIGAS SWIRE ELAN SUITES ANNAPOLIS THE ATLANTA CENTRE ANNAPOLIS THE PLATINUM I

GREENHILLS

RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS CC RC CC PS CC RC CC PS RC CC PS RC CC PS

60,000.00 72,000.00 42,000.00 65,000.00 77,000.00 55,000.00 105,000.00 117,000.00 74,000.00 68,000.00 80,000.00 47,000.00 68,000.00 80,000.00 47,000.00 68,000.00 80,000.00 47,000.00 60,000.00 72,000.00 51,000.00 68,000.00 80,000.00 56,000.00 68,000.00 80,000.00 47,000.00 60,000.00 72,000.00 51,000.00 74,000.00 60,000.00 72,000.00 51,000.00 69,000.00 70,000.00 82,000.00 49,000.00 68,000.00 80,000.00 56,000.00 68,000.00 80,000.00 47,000.00

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: HALO-HALO (ST. JOSEPH) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS IBUNA P. GUEVARRA-J.P. RIZAL OCAMPO P. GUEVARRA-HARDBOARD MAHINHIN MARNE MATIMYAS SANTOLAN RD.-P. SANTOS P. GUEVARRA RE RAON SANTOLAN ROAD

SANTOLAN RD.-IBUNA P. GUEVARRA P. GUEVARRA-ABAD SANTOS

VIOLA

SANTOLAN RD-END OF VIOLA

ALL OTHER STREETS PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: ISABELITA STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS C. DUNGO PINAGLABANAN ELEM SANTOLAN-P.SANTOS EMILIO HUBILLA F. ROXAS DON E. EJERCITO-KALAYAAN KALAW JOSE GIL-DEAD END KALAYAAN ST. JOHN ACADEMY P SANTOS PINAGLABANAN EXT.-DUNGO PEREY PINAGLABANAN

PINAGLABANAN-ST JOHN SANTOLAN-P. SANTOS SANTOLAN-N. DOMINGO

PINAGLABANAN EXT SANTOLAN ROAD

SANTOLAN-DEAD END PINAGLABANAN-P. GUEVARRA

ALL OTHER STREETS

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR RR CR RR CR RR CR RR RR CR RR CR

36,000.00 28,000.00 21,000.00 31,000.00 34,000.00 18,000.00 51,000.00 33,000.00 54,000.00 45,000.00 20,000.00 34,000.00 18,000.00 36,000.00

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR RR RR RR RR RR RR RR CR RR RR RR CR CR RR

* 20,000.00 21,000.00 22,000.00 22,000.00 20,000.00 22,000.00 * 22,000.00 22,000.00 44,000.00 27,000.00 22,000.00 27,000.00 48,000.00 43,000.00 20,000.00

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: LITTLE BAGUIO STREET NAME/ 6TH SUBDIVISION/ CLASSIFIVICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS ALVIR WHITE CROSS-J. SANTOS RR 25,000.00 BARASOAIN V.P. IBANEZ-WILSON RR 26,000.00 J.A. SANTOS DRIVE-BARASOAIN RR 25,000.00 BIAK NA BATO J.A. SANTOS DRIVE-BARASOAIN RR 29,000.00 CALDERON E. JACINTO V. IBANEZ RR 27,000.00 WHITE CROSS-J. SANTOS-XAVIER RR 38,000.00 GEN. DE JESUS WHITE CROSS-J. SANTOS-GRANT RR 36,000.00 GEN. LIM WHITE CROSS-J. SANTOS-GEN. VICENTE LIM RR 35,000.00 GEN. MASCARDO GEN. SEGUNDO WHITE CROSS-GEN. DE JESUS RR 38,000.00 M.A. REYES-VICENTE LIM/MEAS RR 35,000.00 GEN VER IBUNA P. GUEVARRA-RE RAON RR 36,000.00 J.A. SANTOS DR (DE) WILSON-SANTOLAN RR 36,000.00 J DOMINGO DE MESA J.A. SANTOS DRIVE RR 38,000.00 JOFRE RR 25,000.00 JUAN GUTIERREZ J A SANTOS RR 37,000.00 ABAD SANTOS DRIVE-BARASOAIN RR 37,000.00 L. JAENA M REYES J.A. SANTOS SUR RR 36,000.00 MANGGA P. GUEVARRA AVE.-M. INFANTE RR 34,000.00 J.A. SANTOS DRIVE-P. GUEVARRA RR 35,000.00 MONS M. INFANTE P GUEVARRA-END OF INFANTE RR 37,000.00 MONTEREY SANTOLAN RD. RR 37,000.00 P. GUEVARRA AVE. WILSON-RAON CR 64,000.00 RR 48,000.00 PROSPECT P. GUEVARRA-INFANTE RR 35,000.00 SANTOLAN ROAD ABAD SANTOS-ORTIGAS RR 45,000.00 CR 64,000.00 SOMME RR 35,000.00 V. CRUZ P GUEVARRA- J A SANTOS RR 36,000.00 V P IBANEZ P GUEVARRA-IBUNA RR 38,000.00 VERDUM RR 32,000.00 WILSON P GUEVARRA-BARASOAIN CR 87,000.00 RR 61,000.00 ALL OTHER STREETS CR 64,000.00 RR 25,000.00

GREENHILLS COURTYARD SANTOLAN RD GREENHILLS GARDEN SQUARE SANTOLAN RD LUXOR TOWNHOMES

SANTOLAN RD

RC CC PS RC PS RC PS RC PS RC PS

69,000.00 82,000.00 48,000.00 60,000.00 42,000.00 62,000.00 43,000.00 76,000.00 53,000.00 62,000.00 43,000.00

VASQUEZ MADRIGAL PLAZA ANNAPOLIS VERANO

ANNAPOLIS

VICTORIA COND.

ANNAPOLIS

VV SOLIVEN I VV SOLIVEN II WESTWOOD COND.

EDSA/ANNAPOLIS EDSA/ANNAPOLIS EISENHOWER

ALL OTHER CONDOMINIUMS

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 2. ** - Values under 5th Revision were not used due to absence of publication in the Official Gazette, thus unofficial. Therefore, the 4th Revision is hereby used as reference.

STRATA SUITES COND. P GUEVARRA STRATA VIEWS COND. P GUEVARRA

NAME OF TOWNHOUSES CEANA PLACE HIGH TOWNHOUSE P GUEVARRA

A.J.A. FIRST FAMILY Note: 1.

L. GRUET ST.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: MAYTUNAS (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE LA MIRANDA TOWNHOMES P. GUEVARRA TUSCANY GARDENS

P GUEVARRA

ALL OTHER TOWNHOUSES Note: 1.

NAME OF TOWNHOUSES AL-KHOR RESIDENCES SAN LUIS-VALENTIN ALL OTHER TOWNHOUSES

PARK ELLISE

J GUTIERREZ

PRIMAROSA CONDOMINIUM J DE MESA RODORA MANSION

M A REYES

ALL OTHER CONDOMINIUMS

NAME OF TOWNHOUSES ALL OTHER TOWNHOUSES

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: PASADENA STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS ALFONSO XIII ALFONSO XIII CASTILLA F BENITEZ HILLSIDE LEDESMA LT ARTIAGA

ALFONSO XIII ALFONSO XIII ALFONSO XIII LT ARTIAGA-F BENITEZ SANTOLAN ROAD

N J PATERNO

LT ARTIAGA

N DOMINGO

LT ARTIAGA

PASADENA DRIVE SANTOLAN ROAD

ERMITANO CREEK ERMITANO CREEK

ALL OTHER STREETS NAME OF CONDOMINIUMS ASIA CREST MANSION M PATERNO

QUADRILLON MANSION N DOMINGO-PATERNO

TH / RC PS

70,000.00 49,000.00

PROVINCE:cN C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: MAYTUNAS STREET NAME/ 6TH CLASSIFISUBDIVISION/ VICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS ALLENBY M MARCOS-WILSON RR 36,000.00 ARRAS WILSON-C M RECTO RR 36,000.00 ARGONNE (ARDONNE) GUEVARRA-HOOVER RR 36,000.00 AURORA M MARCOS-L GRUET RR 36,000.00 BARCELONA M. MARCOS-WILSON RR 38,000.00 C M RECTO LIEGE-P GUEVARRA RR 38,000.00 F MANALO V ANGELES-G SORIANO RR 36,000.00 G SORIANO F MANALO RR 33,000.00 GRUET F MANALO-BARCELONA RR 38,000.00 LEIGE WILSON-RECTO RR 38,000.00 M H DEL PILAR M MARCOS-V CRUZ RR 38,000.00 F MANALO-WILSON-P GUEVARRA RR 39,000.00 M MARCOS MAUDE (MAUBE) P GUEVARRA-M MARCOS RR 38,000.00 P GUEVARRA CR 63,000.00 RR 48,000.00 SMUTH MUTT M MARCOS-BARCELONA RR 25,000.00 F MANALO-WILSON ST-P PARADA ST RR 23,000.00 V CRUZ WILSON P GUEVARRA CR 71,000.00 RR 46,000.00 ALL OTHER STREETS CR 59,000.00 RR 25,000.00

82,000.00 99,000.00 58,000.00 54,000.00 38,000.00 61,000.00 43,000.00 61,000.00 43,000.00 69,000.00 48,000.00 58,000.00 41,000.00 78,000.00 55,000.00 60,000.00 66,000.00 46,000.00

TH / RC PS TH / RC PS TH / RC PS

69,000.00 48,000.00 59,000.00 41,000.00 55,000.00 38,000.00

6TH CLASSIFIREVISION CATION ZV/SQ.M TH / RC PS TH / RC PS TH / RC PS

52,000.00 37,000.00 64,000.00 45,000.00 52,000.00 37,000.00

TH / RC PS TH / RC PS

56,000.00 39,000.00 56,000.00 39,000.00

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PASADENA

53,000.00 37,000.00 69,000.00 48,000.00 66,000.00 47,000.00 58,000.00 40,000.00 62,000.00 43,000.00 62,000.00 79,000.00 44,000.00

RC CC PS CC PS RC PS RC PS RC PS RC PS RC PS RC CC PS

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: ONSE STREET NAME/ 6TH SUBDIVISION/ CLASSIFIVICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS A BONIFACIO F MANALO-B PADILLA ST RR 26,000.00 ADEVOSO J RIZAL-F VALENTIN ST RR 22,000.00 CARRIEDO A BONIFACIO-SAN LUIS ST RR 22,000.00 CLARO SUAREZ(PAG-IBIG SUAREZ) J RIZAL-END OF PAG-IBIG RR 21,000.00 CYPRESS IBUNA-J RIZAL RR 21,000.00 F. VALENTIN MONTOYA-HILLTOP-SAN LUIS RR 21,000.00 GEN P R SOTTO (V AGAN GEN P R SOTTO) CARRIEDO-J V PANGANIBAN RR 21,000.00 HARDBOARD P GUEVARRA-J P RIZAL RR 21,000.00 HILLTOP MONTOYA- A BONIFACIO RR 21,000.00 IBUNA JOFRE JP RIZAL-P GUEVARRA AVE RR 21,000.00 J RIZAL IBUNA-J V PANGANIBAN RR 21,000.00 MARNE HARDBOARD RR 21,000.00 MEJINO TANGLAO J RIZAL RR 21,000.00 MONTOYA E ADEVOSO-HILLTOP RR 21,000.00 P BURGOS BARASOAIN RR 26,000.00 IBUNA-MONS SOISSON-MACLANG-HARDBOARD CR 45,000.00 P GUEVARRA RR 36,000.00 PAG-IBIG SUAREZ J RIZAL RR 21,000.00 J V PANGANIBAN GEN. PR. SOTTO-J.P. RIZAL RR 21,000.00 SALAMAT J RIZAL RR 21,000.00 SAN LUIS GEN PR SOTTO-CARRIEDO RR 21,000.00 V. AGAN GEN. P. R. SOTTO CARRIEDO RR 21,000.00 ALL OTHER STREETS RR 21,000.00 CR 42,000.00

CASA MADRID

RC PS RC PS RC PS RC PS RC PS RC CC PS

6TH CLASSIFIREVISION CATION ZV/SQ.M

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PASADENA CONDO SQUARE PASADENA-SANTOLAN

6TH CLASSIFIREVISION CATION ZV/SQ.M

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: LITTLE BAGUIO (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE METROLOFTS XAVIER PROJECT J. ABAD SANTOS

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

EISENHOWER

LIEGE RESIDENTIAL TOWNHOMES P GUEVARRA

PASADENA

THE VIRIDIAN IN GREENHILLS CONNECTICUT TIFFANY MANSIONS

LIEGE COURT COND (CLUSTER B) LIEGE ST.

CASA BARCELONA

SEGUNDO PLACE CONDOMINIUM DE JESUS-SEGUNDO

115,000.00 117,000.00 74,000.00 60,000.00 72,000.00 51,000.00 60,000.00 72,000.00 51,000.00 90,000.00 102,000.00 63,000.00 60,000.00 72,000.00 51,000.00 47,000.00 47,000.00 60,000.00 72,000.00 51,000.00 60,000.00 62,000.00 51,000.00

LIEGE COURT COND (CLUSTER A) LIEGE ST.

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 2. * - Not existing 3. ** - Values under 5th Revision were not used due to absence of publication in the Official Gazette, thus unofficial. Therefore, the 4th Revision is hereby used as reference. RC CC PS RC CC PS RC CC PS RC CC PS RC CC PS CC CC RC CC PS RC CC PS

CYPRESS MANSIONS COND. P. GUEVARRA

PALAIS ROYAL TOWNHOUSE M MARCOS

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: KABAYANAN STREET NAME/ 6TH SUBDIVISION/ CLASSIFIVICINITY REVISION CONDOMINIUM/ CATION ZV/SQ.M TOWNHOUSE NAME OF STREETS A. BONIFACIO F. BLUMENTRITT RR 30,000.00 F. BLUMENTRITT-A. BONIFACIO-ANGELES RR 25,000.00 A. DIEGO A. RITA RL FERNANDEZ-A. BONIFACIO RR 24,000.00 BLUMENTRITT F. MANALO CR 64,000.00 RR 46,000.00 C. URBINO F. MANALO-DEAD END RR 21,000.00 COL. VER F. MANALO-ANGELES RR 24,000.00 STA LUCIA-E S A. VILLA-BLUMENTRITT RR 26,000.00 F. MANALO G. SORIANO F. MANALO RR 23,000.00 I. FRANCISCO A. BONIFACIO-F. MANALO RR 21,000.00 R. FERNANDEZ F-BLUMENTRITT-CREEK RR 23,000.00 T. CLAUDIO G. SORIANO-STA. LUCIA X 23,000.00 AQUINAS SCH RR 25,000.00 V. ANGELES BLUMENTRITT-F. MANALO RR 23,000.00 ALL OTHER STREETS CR 61,000.00 RR 21,000.00 X 23,000.00

CROWNPOINTE COND. J ABAD SANTOS

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: MAYTUNAS (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF CONDOMINIUM 186 WILSON REALTY INC. WILSON ST

ALL OTHER CONDOMINIUMS

Note: * - Not existing

NAME OF CONDOMINIUMS CASA SAN MIGUEL CONDOMINIUM GEN SEGUNDO

WEDNESDAY MAY 8, 2019

RICHWOOD MANOR

ALFONSO XIII-ORTIGAS

VERDE DE PASADENA PASADENA DRIVE DONA ISABELLE HEIGHTS TOWNHOUSE PASADENA FRANCIS COURT TOWNHOUSE M PATERNO MANGO TREE RESIDENCES

M. PATERNO

XAVIER HOMES I&II

PASADENA DRIVE

ALL OTHER CONDOMINIUMS NAME OF TOWNHOUSES 186 BENITEZ RESIDENCES F. BENITEZ CHELSEA VILLAS Note: 1.

F BENITEZ

6TH CLASSIFIREVISION CATION ZV/SQ.M CR RR RR RR RR RR CR RR CR RR CR RR RR CR RR CR RR

60,000.00 28,000.00 27,000.00 22,000.00 22,000.00 22,000.00 60,000.00 28,000.00 41,000.00 29,000.00 58,000.00 43,000.00 25,000.00 46,000.00 34,000.00 40,000.00 22,000.00

RC PS RC PS RC PS RC PS RC PS RC PS RC PS RC PS RC PS RC PS RC PS RC PS

61,000.00 43,000.00 64,000.00 45,000.00 64,000.00 45,000.00 66,000.00 47,000.00 69,000.00 48,000.00 47,000.00 33,000.00 66,000.00 46,000.00 98,000.00 69,000.00 51,000.00 36,000.00 100,000.00 70,000.00 75,000.00 52,000.00 62,000.00 44,000.00

TH / RC PS TH / RC PS

62,000.00 44,000.00 60,000.00 42,000.00

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: PASADENA (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NATHAN CLASSICS F BENITEZ PASADENA PLACE

PASADENA-SANTOLAN

PASADENA VILLAS

N DOMINGO-PASADENA

PROMENADE PLACE

F BENITEZ

METROHOME EXECUTIVE TOWNHOUSE F BENITEZ TOWNHOUSE IN GREEN HAVEN SANTOLAN ROAD VILLA SANTOLAN TOWNHOMES SANTOLAN ROAD ALL OTHER TOWNHOUSES

6TH CLASSIFIREVISION CATION ZV/SQ.M TH / RC PS TH / RC PS TH / RC PS TH / RC PS TH / RC PS TH / RC PS TH / RC PS TH / RC PS

30,000.00 21,000.00 66,000.00 47,000.00 69,000.00 48,000.00 64,000.00 45,000.00 52,000.00 36,000.00 110,000.00 77,000.00 69,000.00 48,000.00 52,000.00 37,000.00

Note: The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

CYAN MAGENTA YELLOW BLACK

CYAN MAGENTA YELLOW BLACK Manila

Standard WEDNESDAY 8, 2019 C4 MAYTODAY

REVISED ZONAL VALUATION – RDO NO. 42 – SAN JUAN CITY

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: PEDRO CRUZ STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS AGORA N. DOMINGO F. BLUMENTRITT V. BUENAVIDEZ CALVARIO ALVAREZ CAPT MANZANO D J EJERCITO F BLUMENTRITT J BASA LOPE K. SANTOS M ALVAREZ N DOMINGO (AGORA N DOMINGO)

F. BLUMENTRITT N DOMINGO-COLUMBIA PINAGLABANAN-BLUMENTRITT N DOMINGO-J ARELLANO BLUMENTRITT-AGORA BLUMENTRITT PINAGLABANAN-BLUMENTRITT F BLUMENTRITT

PINAGLABANAN-BLUMENTRITT P GRANDE PARAISO (ATTY. A . MENDOZA) N DOMINGO-AGORA PINAGLABANAN BLUMENTRITT RIDEOUT MANZANO CAPT MANZANO-N DOMINGO SALVADOR (D. SANTIAGO) AGORA DR E EJERCITO-F BLUMENTRITT SEVILLA ALL OTHER STREETS

NAME OF CONDOMINIUMS FDC BUILDING N DOMINGO

GREENHILLS HEIGHTS PINAGLABANAN ALL OTHER CONDOMINIUMS

6TH CLASSIFIREVISION CATION ZV/SQ.M RR CR RR RR RR RR CR RR RR RR RR CR RR RR RR CR RR RR RR RR CR RR CR

RC CC PS RC PS RC CC PS

47,000.00 67,000.00 30,000.00 25,000.00 25,000.00 25,000.00 64,000.00 46,000.00 30,000.00 30,000.00 25,000.00 68,000.00 49,000.00 30,000.00 30,000.00 47,000.00 30,000.00 25,000.00 25,000.00 25,000.00 40,000.00 25,000.00 45,000.00

69,000.00 86,000.00 48,000.00 155,000.00 109,000.00 73,000.00 91,000.00 51,000.00

STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: PEDRO CRUZ (CONTINUATION) STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF TOWNHOUSES VALLEYGOLD TOWNHOUSE PINAGLABANAN ALL OTHER TOWNHOUSES

6TH CLASSIFIREVISION CATION ZV/SQ.M TH / RC PS TH / RC PS

52,000.00 36,000.00 73,000.00 51,000.00

J EUSTAQUIO KATUBUSAN M CRUZ N DOMINGO PROGRESO RIVERA SAN MARIANO SAN MARTIN STO DOMINGO ALL OTHER STREETS

N DOMINGO-SAN JUAN BRIDGE N DOMINGO-END OF EUSTAQUIO N DOMINGO-RIVERA SAN JUAN RIVER J EUSTAQUIO-KATUBUSAN SAN JUAN RIVER-G ARANETA SAN JUAN RIVER-KATUBUSAN STO DOMINGO-ARANETA AVE N DOMINGO-STO DOMINGO

6TH CLASSIFIREVISION CATION ZV/SQ.M 16,000.00 19,000.00 48,000.00 31,000.00 16,000.00 16,000.00 16,000.00 55,000.00 36,000.00 16,000.00 20,000.00 16,000.00 * 16,000.00 45,000.00 16,000.00 19,000.00

Note: * - Not existing PROVINCE: N C R CITY/MUNICIPALITY : SAN JUAN CITY BARANGAY: RIVERA STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS A LUNA S J TOWNHALL G B SANTOS N DOMINGO - RIVERA G B SANTOS (LIBIS) RIVERA - SAN JUAN RIVER M BASIBAS S J ELEM SCHOOL G B SANTOS N DOMINGO KATUBUSAN-A LUNA KATUBUSAN (NATUBUSAN) OLAZO RIVERA (RIVERSIDE) RIVERA (OTHERSIDE) SAN FABIAN SAN MANUEL

SAN MANUEL-RIVERA N DOMINGO G B SANTOS-KATUBUSAN G B SANTOS-KATUBUSAN RIVERA-OLAZO N DOMINGO KATUBUSAN-G B SANTOS

ALL OTHER STREETS

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: SALAPAN STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS 29 DE AGOSTO TABING ILOG - G REYES A JUAN AURORA BLVD - ERMITANO A LAKE AURORA BLVD - L ASINAS AURORA BLVD - F ANTONIO L ASINAS-A LUNA AURORA BLVD.-SAN JUAN RIVER A LUNA A REYES SAN JUAN RIVER ALICIA AURORA BLVD - ERMITANO AURORA BLVD

A LUNA-GREY

DIWA F ANTONIO F ROMAN G REYES

AURORA BLVD-S VELOSO A JUAN-J RUIZ AURORA BLVD -ERMITANO AURORA BLVD -ERMITANO TABING ILOG-J RUIZ GREY AURORA BLVD-ERMITANO H LOZADA AURORA BLVD J DELA CRUZ SAN JUAN RIVER AURORA BLVD - G REYES/29 DE AGOSTO J RUIZ G. REYES/29 DE AGOSTO-A. LUNA L ASINAS H LOZADA - A LUNA AURORA BLVD-SAN JUAN RIVER MORALES MELANIO M DE SALAPAN (SALAPAN MELANIO) J RUIZ - ERMITANO CREEK S VELOSO ST (FRMLY H. LOZADA) AURORA BLVD -29 DE AGOSTO TABING ILOG J RUIZ - ERMITANO CREEK ALLEY ALL OTHER STREETS

ALL OTHER TOWNHOUSES

F BLUMENTRITT-ST JOHN ACADEMY

24,000.00

GEN SAN LUIS

F BLUMENTRITT-CARRIEDO

24,000.00

F BLUMENTRITT

N DOMINGO - M SALVADOR

55,000.00

J V ALVIOR (FLORANTE) ST JOHN ACADEMY

19,000.00

M SALVADOR - VICTORY ST

58,000.00

KALAYAAN

F ROXAS-JOSE GIL/ST. JOHN ACADEMY

19,000.00

44,000.00

19,000.00

LEYTE

F BLUMENTRITT-END LEYTE

21,000.00

LAURA

DOMINICAN COLLEGE-F BLUMENTRITT

R PASCUAL ( P PASCUAL)

F BLUMENTRITT-CARRIEDO

19,000.00

P VILLAMOR

F BLUMENTRITT-ST JOHN ACADEMY

19,000.00

M SALVADOR

F BLUMENTRITT-SAN GABRIEL

21,000.00

REGIDOR

F BLUMENTRITT-ST JOHN ACADEMY

19,000.00

N DOMINGO

F MANALO - SAN JOAQUIN

55,000.00

SAN LUIS

DOMINICAN COLLEGE-F BLUMENTRITT

19,000.00

42,000.00

T KALAW

F BLUMENTRITT

19,000.00

GEN P R SOTTO( V AGAN GEN P R SOTTO) F BLUMENTRITT-CARRIEDO

19,000.00

VALENZUELA

38,000.00

21,000.00

35,000.00

19,000.00

TH / RC

80,000.00

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: SAN PERFECTO (CONTINUATION) STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

VICINITY

6TH CLASSIFIREVISION CATION ZV/SQ.M

RR RR RR CR RR CR RR RR RR RR RR RR CR RR CR RR CR RR

11,000.00 19,000.00 15,000.00 29,000.00 18,000.00 62,000.00 60,000.00 15,000.00 18,000.00 15,000.00 15,000.00 15,000.00 26,000.00 15,000.00 26,000.00 15,000.00 26,000.00 15,000.00

ALL OTHER STREETS

S JOAQUIN - BLUMENTRITT

57,000.00

S JORGE

N DOMINGO-END OF SAN JORGE

21,000.00

NAME OF TOWNHOUSES

SAN GABRIEL

N DOMINGO-M SALVADOR

21,000.00

CRYSTAL TOWNHOUSE DON E EJERCITO (BUGALLON D. EJERCITO)

SAN JOAQUIN

N DOMINGO-SAN VENANCIO

26,000.00

SAN PERFECTO

SAN VENANCIO-SAN JORGE

SAN REMEGIO (REMIGIO) SAN JORGE-END OF SAN REMIGIO SAN SOTERO SANTO TORIBIO TAYUG

S GABRIEL - BLUMENTRITT F BLUMENTRITT-SAN GABRIEL F BLUMENTRITT F BLUMENTRITT-END OF VICTORY

ALL OTHER STREETS

26,000.00

21,000.00

RR RR RR

26,000.00

56,000.00

REGIDOR TOWNHOUSES TIBAGAN

TH / RC

81,000.00

57,000.00

R.G. TOWNHOMES 1

TH / RC

38,000.00

27,000.00

TH / RC

59,000.00

42,000.00

STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE A BONIFACIO

B S ANGELES

VICINITY F MANALO - B PADILLA A BONIFACIO J ASINAS

21,000.00

55,000.00

21,000.00

ALL OTHER TOWNHOUSES

Note: 1.

13,000.00 19,000.00 19,000.00 19,000.00 15,000.00 13,000.00 13,000.00 50,000.00 15,000.00 62,000.00 43,000.00 18,000.00 16,000.00 20,000.00 17,000.00 15,000.00 17,000.00 20,000.00 13,000.00 19,000.00 14,000.00 15,000.00 13,000.00 13,000.00 20,000.00 10,000.00 13,000.00 48,000.00 13,000.00

TH / RC PS TH / RC PS

55,000.00 38,000.00 60,000.00 42,000.00

Note: 1. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: WEST CRAME

6TH CLASSIFIREVISION CATION ZV/SQ.M RR RR RR

30,000.00

STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

VICINITY

6TH CLASSIFIREVISION CATION ZV/SQ.M

NAME OF STREETS SANTOLAN ROAD

30,000.00 25,000.00

ALL OTHER STREETS

70,000.00

41,000.00

23,000.00

13,000.00

APD

BARCELONA

P PARADA-V CRUZ

25,000.00

BIENVENIDA

SOISSON - P GUEVARRA

31,000.00

D VICENCIO

P PARADA-V CRUZ

25,000.00

NAME OF CONDOMINIUMS/TOWNHOUSES

E. SANTOS

P. GUEVARRA - AVERILLA

31,000.00

COCO ROYAL MANSION

57,000.00

F MANALO

IGLESIA NI CRISTO

33,000.00

68,000.00

41,000.00

48,000.00

RC**

52,000.00

G PLANA GRUET HARDBOARD

J P RIZAL

G. MANALO V CRUZ-WILSON P GUEVARRA-J P RIZAL

33,000.00

25,000.00

CC**

62,000.00

30,000.00

PS**

44,000.00

63,000.00

75,000.00

RR RR

30,000.00

H CRUZ (ORIENTAL)

IGLESIA NI CRISTO

30,000.00

J ANGELES

A BONIFACIO-LIONS ROAD

28,000.00

J ASINAS

P PARADA-WILSON

25,000.00

LEIGE

WILSON-V CRUZ

LIONS ROAD

P GUEVARRA AVE -B PADILLA

LUSITANIA

PARADA - GUEVARRA AVE

MACLANG

P GUEVARRA-F MANALO EXT

44,000.00 62,000.00

31,000.00

75,000.00

31,000.00

53,000.00

TH / RC

62,000.00

32,000.00

75,000.00

44,000.00

* RR

F MANALO

30,000.00

N AVERILLA (SOMME)

V CRUZ-P GUEVARRA

31,000.00

P GUEVARRA AVE

P PARADA-V CRUZ-WILSON

49,000.00

MACLANG-P. PARADA

40,000.00

F MANALO-P GUEVARRA

36,000.00

48,000.00

SEAVIEW

P GUEVARRA-END OF SEAVIEW

31,000.00

SOISSON

P GUEVARRA-MACLANG

31,000.00

T CLAUDIO

F MANALO-END OF T CLAUDIO

25,000.00

V CRUZ

P GUEVARRA-HM-L GRUET

33,000.00

WILSON

GUEVARRA- GRUET

58,000.00

45,000.00

40,000.00

25,000.00

145,000.00

170,000.00

102,000.00

81,000.00

94,000.00

57,000.00

TH / RC

85,000.00

60,000.00

ALL OTHER STREETS

HANCOURT BUILDING

MIRANDA

PETAIN

CRYSTAL MANSION

LE GRAND CONDOMINIUM

ALL OTHER CONDOMINIUMS/TOWNHOUSES

Note: 1.

BARON TOWER

WILSON

ALL OTHER CONDOMINIUMS

a.) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION IN A PARTICULAR STREET/ SUBDIVISION IN A BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL PROPERTY LOCATED IN THE OTHER STREET/SUBDIVISION WITHIN THE SAME BARANGAY OF SIMILAR CONDITIONS SHALL BE USED; AND b.) NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY IN ONE BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL PROPERTY LOCATED IN AN ADJACENT BARANGAY OF SIMILAR CONDITIONS SHALL BE USED. 2. PREDOMINANT USE OF PROPERTY. a.) ALL REAL PROPERTIES REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/ZONE, THE USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS “COMMERCIAL” FOR PURPOSES OF ZONAL VALUATION.

Note: 1.

The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 2. * - Not existing

b.) THE PREDOMINANT USE OF OTHER CLASSIFICATION OF PROPERTIES LOCATED IN A STREET/BARANGAY/ZONE, REGARDLESS OF ACTUAL USE SHALL BE CONSIDERED FOR PURPOSES OF ZONAL VALUATION. 3.

VICINITY

EVELEIGH TOWNHOMES AVERILLA ALL OTHER TOWNHOUSES

a). A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE LAND AND THE IMPROVEMENTS SHALL BE TREATED AS ONE: OR b). A TRANSFER CERTIFICATE OF TITLE (TCT), THE LAND AND IMPROVEMENT SHALL BE GIVEN SEPARATE VALUES i.e. ZONAL VALUE/ GROSS SELLING PRICE/FAIR MARKET VALUE PER LATEST TAX DECLARATION WHICHEVER IS HIGHER AND, IN THE ABSENCE OF ZONAL VALUATION, PROPERTY SHALL BE VALUED PURSUANT TO RAMO 2-91.

6TH CLASSIFIREVISION CATION ZV/SQ.M TH

80,000.00

56,000.00

TH / RC

71,000.00

50,000.00

THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO. 4.

Note: The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto.

VICINITY

6TH CLASSIFIREVISION CATION ZV/SQ.M

A BONIFACIO

DOMINICAN COLLEGE-F. BLUMENTRITT

31,000.00

ARELLANO JR.

BLUMENTRITT

19,000.00

BLUMENTRITT

J. ARELLANO-A. BONIFACIO

56,000.00

40,000.00

DON E EJERCITO (BUGALLON D. EJERCITO) DOMINICAN COLLEGE-F. BLUMENTRITT

24,000.00

CARRIEDO

A BONIFACIO

19,000.00

DR EJERCITO

PINAGLABANAN ELEM SCH

24,000.00

AREAS FOR PRIORITY DEVELOPMENT (APD). THESE ARE AREAS DECLARED AS SUCH BY THE EXISTING STATUTES AND PERTINENT EXECUTIVE ISSUANCES (REVENUE REGULATIONS NO. 17-2001). SECOND SALE OF LOT IDENTIFIED AS LOCATED IN THE APD SHALL NO LONGER BE VALUED AS AN APD AND SHALL BE TREATED AS AN ORDINARY REAL PROPERTY.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: TIBAGAN STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE: IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUE IS -

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: SANTA LUCIA (CONTINUATION) STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY. WHEREIN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY -

NAME OF CONDOMINIUMS

NAME OF TOWNHOUSES

RR RR RR RR RR RR RR CR RR CR RR RR RR RR RR RR RR RR RR RR RR RR RR RR RR RR RR CR RR

A. BONIFACIO

21,000.00

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: SANTA LUCIA

ALVENDIA BY ROCKWELL V. CRUZ - LUSITANIA 6TH CLASSIFIREVISION CATION ZV/SQ.M

F BLUMENTRITT-A RITA

N DOMINGO

NAME OF STREETS NAME OF TOWNHOUSES A JUAN TOWNHOUSE SALAPAN

F ROXAS RR

P PARADA 6TH CLASSIFIREVISION CATION ZV/SQ.M

6TH CLASSIFIREVISION CATION ZV/SQ.M

F BLUMENTRITT

F MANALO EXT RR X CR RR RR RR RR CR RR RR RR RR RR RR CR RR X

VICINITY

E FERNANDEZ

B PADILLA

GEN ARANETA AVE

VICINITY

Note: * - Not existing

Note: The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. BARANGAY: PROGRESO STREET NAME/ SUBDIVISION/ VICINITY CONDOMINIUM/ TOWNHOUSE NAME OF STREETS F ATANACIO N DOMINGO-STO DOMINGO

STREET NAME/ SUBDIVISION/ CONDOMINIUM/ TOWNHOUSE

6TH CLASSIFIREVISION CATION ZV/SQ.M

NAME OF STREETS

VICTORY Note: 1.

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: TIBAGAN ( CONTINUATION)

PROVINCE: N C R CITY/MUNICIPALITY: SAN JUAN CITY BARANGAY: SAN PERFECTO

ZONAL VALUE OR FMV ESTABLISHED IN THE SCHEDULE OF VALUES OF ASSESSORS. THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL INTERNAL REVENUE TAXES (i.e. CAPITAL GAINS, CREDITABLE WITHOLDING, ESTATE, DONOR’S AND DOCUMENTARY STAMP TAXES) DUE ON SALES, EXCHANGES, OR OTHER DISPOSITIONS OF REAL PROPERTY, PROVIDED, THAT THE SAME IS HIGHER THAN (1) THE FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES OF THE PROVINCIAL AND CITY ASSESSORS (i.e. LATEST TAX DECLARATION) AND (2) THE GROSS SELLING PRICE AS SHOWN IN THE DULY NOTARIZED DOCUMENT OF SALE OR EXCHANGE AT THE TIME OF SALE OR EXCHANGE. PROVIDED, HOWEVER, THAT THE VALUE OF PROPERTY TO BE USED IN COMPUTING ESTATE AND DONOR’S TAXES SHALL BE (1) THE FAIR MARKET VALUE AS DETERMINED BY THE COMMISSIONER OF INTERNAL REVENUE (i.e. ZONAL VALUES) OR (2) THE FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES OF THE PROVINCIAL/CITY/ MUNICIPAL ASSESSOR, WHICHEVER IS HIGHER.

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