NEWSCAPS May 31, 2013 (POLITICAL) I. 7.8% Q1 GROWTH The Philippines became the fastest growing economy among Asian countries during the first quarter of the year, with a betterthan-expected growth rate of 7.8 percent, boosting the country’s efforts to attract more foreign investments. Driven by strong manufacturing and construction sectors, the first-quarter growth was the highest since President Aquino took office in 2010. II. VICE PRESIDENT BINAY ESCUDERO ON POLL PROBE AND SENATORS PIMENTEL, Vice President Jejomar Binay and re-elected Senators Aquilino Pimentel III and Francis Escudero are moving behind a call by poll watchdog groups for an inquiry into alleged discrepancies between random manual counts and computerized tallies in the May 13 elections. VP Binay said that his team was putting together reports about irregularities during the polls, including claims of vote-buying and possible involvement of government agencies in “questionable circumstances.” “We are verifying. If they are true, then we will present (the reports) to the Comelec,” VP Binay said. III. 4 FILIPINOS IN FORBES ASIA’s ‘HEROES OF PHILANTHROPY’ Mall magnate Henry Sy Sr., the Philippines’ richest person with a net worth of some $13.2 billion, is also one of the country’s notable donors, according to Forbes Asia’s latest list of “Heroes of Philanthropy.” Sy, 88, founding chair of the SM group, is joined by perfume manufacturer Joel Cruz, tycoon John Gokongwei Jr. and renowned architect Felino “Jun” Palafox Jr. to represent the Philippines. 1 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) IV. SC TRO ON PROCLAMATION OF 5 PARTY-LIST WINNERS: DE CASTRO VS SERENO For the second time in five months, Senior Associate Justice Teresita Leonardo-de Castro is questioning Chief Justice Ma. Lourdes Sereno. This time, it was Sereno’s ruling issued on Wednesday, while the high tribunal was in recess, stopping the Commission on Elections (Comelec) from proclaiming the five remaining winners of the May 13 polling in the party-list system until the disqualification protest of the Coalition of Senior Citizens in the Philippines has been resolved. V. PROBE INTO SHOOTING OF TAIWANESE FISHERMAN Taiwanese investigators in Manila reportedly became emotional while watching a video of the encounter between the Philippine Coast Guard (PCG) and a Taiwanese fishing vessel in the waters off the northern Philippines that resulted in the shooting death of a Taiwanese fisherman. VI. WEST PH SEA DISPUTE The Philippines has been complying with the Declaration on the Conduct of Parties in the South China Sea (DOC) and it is China that has been violating it, Defense Secretary Voltaire Gazmin maintained. Despite China’s violations of the DOC, the Philippines will continue to strive to deescalate tensions in the West Philippine Sea. VII. US, AUSTRALIA, UK, CANADA ON TRAVEL ALERT TO MINDANAO Three more countries have issued travel advisories on Mindanao amid the United States’ warning of a “credible kidnap threat” in the Zamboanga peninsula. 2 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) Australia advised its nationals against traveling to parts of Mindanao, particularly Zamboanga and Sulu, citing the warning the US issued to its citizens. Citing the same kidnap threat against foreign nationals in Zamboanga, the United Kingdom’s Foreign and Commonwealth Office elevated its travel advice on western Mindanao. Canada was more expansive in its advice, calling on its citizens to defer any travel to all of the Autonomous Region in Muslim Mindanao (ARMM) and surrounding areas. VIII. PALAUI, EL NIDO, BORACAY AMONG CNN’s 100 BEST BEACHES The CNN international cable network has included three Philippine beaches in its list of 100 best beaches in the world, as tourist arrivals in the country were reported to have increased by 10 percent in the first four months of 2013. It ranked Palaui, an island that lies off the northeastern tip of Luzon, at No. 10, the only Southeast Asian beach in CNN’s Top 10. El Nido landed at No. 14, and Boracay, particularly Puka Beach, made it at No. 84. IX. ANTI-DRUNK AND -DRUGGED DRIVING LAW President Aquino has signed into law a measure that would penalize drivers found to be driving under the influence of liquor or prohibited drugs with up to three months in prison and a fine of P80,000. Republic Act 10586 or the “Anti-Drunk and Drugged Driving Act of 2013” also imposes harsher penalties in cases of drunk or drugged drivers getting involved in accidents, especially if there are casualties. X. PRESIDENTIAL VETO ON 65 OUT OF 200 LOCAL BILLS Senators called for better coordination between the Senate and Presidential Legislative Liaison Office (PLLO) Secretary Manuel Mamba when the 16th regular session of Congress opens in July. 3 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) Senators Ferdinand Marcos Jr., Antonio Trillanes IV, Gregorio Honasan and Sergio Osmeña IV made the call after President Aquino vetoed the proposed Rights of Internally Displaced Persons Act of 2013 and the bill that would have given 75 percent discount to centenarians in restaurants and other business establishments. Mamba said that the President also vetoed 65 out of 200 local bills approved by the 15th Congress. XI. DEPED TEXTBOOKS ON SUFFICIENT CLASSROOMS, TEACHERS, There will be no more shortage of classrooms, teachers and textbooks in public schools this coming school year, the Department of Education (DepEd) said. The government is building 34,131 classrooms, which is enough to erase the backlog this year and would continue to do so every year. There will be hiring of 61,510 additional teaching personnel this year. As of last school year, the book-student ratio is 1:1 in both public elementary and secondary schools. XII. ACT TEACHERS ON P25,000 BASIC PAY FOR TEACHERS Party-list group ACT Teachers vowed to push for a P25,000 basic monthly salary for public school teachers. Rep. Antonio Tinio said that his group would re-file bills seeking to adjust the pay scale of teachers from Salary Grade 11 to Salary Grade 15. XIII. NPA APOLOGY FOR CAGAYAN AMBUSH The New People’s Army (NPA) unit in western Cagayan has owned responsibility and apologized for the May 27 ambush of a team of the police special action force (SAF) that killed eight policemen in Allacapan, Cagayan. XIV. LOZADA RANT VS DAANG MATUWID National broadband network (NBN) deal whistleblower Rodolfo Lozada Jr. lashed out at the present administration again and 4 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) accused President Aquino and his officials of not really fighting for the truth and the so-called principle of taking the straight and righteous path. “I will go straight to the point, I no longer believe in the straight path,” he told reporters in Filipino after a hearing on the graft case filed against him before the Sandiganbayan. The hearing was postponed due to the absence of Lozada’s accuser, Philippine Forest Corp. (Philforest) president Erwin Santos, who was supposed to take the witness stand for the prosecution. XV. SMS ALERT SYSTEM FOR DISASTER-PRONE AREAS The Office of Civil Defense (OCD) is forging a partnership with Smart Communications, Inc. to set up a system that will alert disaster-prone areas through text messaging. OCD Administrator Eduardo del Rosario said that the objective of the system is to save lives through timely, fast and accurate information. Local leaders would be given free Smart SIM cards so they could avail of the service. XVI. POEA ON ILLEGAL JOB RECRUITERS The Philippines Overseas Employment Administration (POEA) warned Filipinos wishing to work abroad about immigration consultants and travel agencies that offered overseas jobs. POEA Administrator Hans Leo Cacdac said that offering overseas employment in the guise of visa assistance without a license or authority from the POEA constituted illegal recruitment under the Migrant Workers and Overseas Filipinos Act. XVII. WORLD NO TOBACCO DAY The World Health Organization (WHO) called for a comprehensive ban on all tobacco advertising, promotion and sponsorship as it marks World No Tobacco Day today. The WHO said that the ban should include point-of-sale (POS) advertising or store sales promotions, the last refuge of 5 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) advertisers still allowed in most countries where all other kinds of tobacco advertising have been banned. (ECONOMY) I. WORLD BANK ON INCLUSIVE GROWTH The World Bank (WB) hailed the Philippines’ better-thanexpected 7.8 percent economic growth in the first quarter, with its country representative saying that the next step is to work for inclusive growth. WB Country Director Motoo Konishi said that the robust growth is “exciting” and indicated global confidence in what the Philippine government has been doing. Konishi, who earlier said that the country is poised to become Asia’s newest economic tiger, said that the growth must be shared across the country and not just in Metro Manila. He noted that this is what President Aquino’s administration has been espousing. II. BIDDING FOR NAIA REPAIRS Following another ceiling collapse, the state operator of the Ninoy Aquino International Airport (Naia) plans to bid out next month a P151-million construction contract to upgrade the parapet walls, eaves and elevated roadway at Terminal 1. III. PESO LEVEL The peso recovered yesterday from its 11-month slump against the dollar. The local unit closed 42.32 against the dollar, 12 centavos stronger than the previous day’s 42.44, which was the weakest since June 2012. Manny Cruz, chief strategist at Asiasec Equities Inc., said that it seemed that some large funds were dumping stocks from emerging markets —particularly the bloc referred to as TIMP, or Thailand-Indonesia-Mexico and Philippines— selling out of Japan to shift to US dollar assets on valuation concerns. 6 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) IV. BILL ON HYBRID VEHICLES Lawmakers are optimistic that a pending bill providing incentives for the manufacture, assembly and importation of hybrid vehicles will be signed into law in the coming weeks. Batangas Rep. Hermilando Mandanas, one of the authors of House Bill 5460 or the proposed “Electric, Hybrid and Other Alternative Fuel Incentives Act of 2011,” said it is even possible the measure would be finalized in the bicameral conference committee and ratified by the House and the Senate when the 15th Congress convenes for the last time. V. REMOVAL OF HOTEL TAX PERKS Big industry players are against the government’s proposal to remove the income tax holiday (ITH) being enjoyed by hoteliers in Metro Manila and Central Visayas, and nearby provinces, saying that this is a violation of the Tourism Act. Rajah Tours Philippines president Alejandra Clemente, who had been privy to the crafting of Republic 9593 or Tourism Act of 2009 since day one, said the scrapping of the tax perks is a blatant disregard of the existing law. VI. GOVERNMENT ON TRACK WITH DEBT, REVENUE GOALS The government is “on track” to meeting its debt and revenue goals, the Department of Finance (DOF) said, despite the firstquarter data showing new figures were actually lower than their previous year’s levels. For the first quarter, state revenues already accounted for 13.7 percent of economic output, lower than the 14.9 percent posted in the same period last year. The target has been set at 14.7 percent. Of these, tax collections were equivalent to 11.92 percent, down from 12.5 percent, but on track to meeting the 13.5-percent target for the year. VII. PH SPENDING AHEAD OF ASEAN INTEGRATION 7 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) The government needs to increase its infrastructure spending if it wants to be able to compete in an integrated regional market, an economist said. With the global economy still sluggish, the Philippines should seize the opportunity and spend now so it can compete later on when other countries bounce back, University of the Philippines economist Benjamin E. Diokno said in a Management Association of the Philippines (MAP) forum. "The message is clear, the best way to prepare for the ASEAN (Association of Southeast Asian Nations) integration is by making the Philippines stronger domestically. We have to ramp up public infrastructure spending," Diokno said. VIII. POWER MARKET ON EASING MINDANAO WOES Mindanao could get its own electricity trading platform before the end of the year with Philippine Electricity Market Corp. (PEMC) having sought regulatory approval for a pricing scheme. PEMC asked the Energy Regulatory Commission (ERC) for authorization to implement a price determination methodology (PDM), which will allow the start of the Interim Mindanao Electricity Market’s (IMEM) commercial operations by Sept. 26. IX. SURVEY ON FILIPINO BUSINESSES CALL FOR WIDER TAX BASE Filipino businesses feel the government is not taxing enough entities and are not including more people into the tax base, the Grant Thornton International Business Report showed. The survey polled 100 Filipino executives in the first quarter, seeking their comments on the tax policies of the country. "There are respondents who believe the current tax regime does not bring enough economic participants into the tax base: 62% of Filipinos polled said not enough people and entities are being taxed, compared to 49% globally," Grant Thornton, through its local partner Punongbayan & Araullo, said in a statement. 8 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO) X. PH STOCK EXCHANGE The main Philippine Stock Exchange index (PSEi) lost 275.22 points, or 3.81 percent, to close at 6,953.35. This marked the PSEi’s steepest single-day decline since Sept. 21, 2011 when the index slumped by 4.2 percent at the height of the European fiscal crisis then. This time, however, financial markets across the globe are jittery as prospects loomed that the US Federal Reserve would temper its liquidity-inducing bond buyback program that has perked up markets across the globe. (END) 9 PREPARED BY: PRESIDENTIAL COMMUNICATIONS DEVELOPMENT AND STRATEGIC PLANNING OFFICE (PCDSPO)