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NeWs
is: American, 18
syrians beheaded
13
WeATHeR
Luzon
Visayas
Mindanao
Manila
Temperature Range:
22C-31C
LiFesTYLe
POsiTiViTY iN CHAOs
e-3
eNTeRTAiNMeNT
Bangsamoro law
put off to February
House sets
nationwide
hearings
F-1
busiNess
unilever mulls $120-M
expansion in PH
b-1
Duty-free goods bill from
Yolanda areas set
for us Congress
b-2
PH to sign AseAN-india FTA
b-3
By CHARISSA M. LUCI
13
bayan na hindi naman tayo dapat nagaalala sa Ebola. Up to now, okay tayo;
we are on top of the situation (We want
to show the nation that we need not
worry about Ebola. Up to now, were
okay; we are on top of the situation),
Catapang told reporters after their
visit to the peacekeepers who recently
returned from Ebola-hit Liberia.
The visit also aimed to determine
the living conditions of the peacekeepers, placed on a 21-day quarantine
period on the island.
Asked how the troops are doing,
Catapang replied: High morale naman sila they are
allowed to roam around the
13
ITS A RUSTANS CHRISTMAS Premiere department store Rustans outdoes itself this year, as it takes on The Nutcracker
theme to welcome Christmas shoppers. Toy soldiers greet guests at Rustans Christmas Wonders, a shopping experience that
brings together classic attractions like Santas Corner, childrens activities, and new, enchanting displays.
CA resolves
dispute over
Ginebra
brand name
http://www.facebook.com/manilabullletin
By CHARISSA M. LUCI
13
@manilabulletin
13
By LEONARD D. POSTRADO
NO FEAR General Gregorio Pio P. Catapang, Jr. (right), Armed Forces of the
Philippines Chief of Staff, and Department of Health Acting Secretary Janette L.
Garin visit the Filipino peacekeepers placed on a 21-day quarantine period on Caballo
Island in Cavite, yesterday. The visit was aimed at boosting the peacekeepers
morale and allaying any fears that the group that had returned from Ebola-stricken
Liberia are carriers of the deadly disease. (Courtesy of T/Sgt. Liwag-AFP)
13
13
twitter.com/manila_bulletin
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News
he national government yesterday vowed to look into and address the alleged maltreatment
of hundreds of street children at
a care facility in Manila.
Presidential Communications Opera-
tions Secretary Herminio Coloma also assured the government is ready to help
improve the Manila Reception and Action
Center, a public institution that cares for
homeless children.
According to (Social Welfare) Secretary
Dinky Soliman, she has ordered a factfinding team to look into the conditions
so the DSWD (Department of Social
Welfare and Development) can help
the City of Manila
Social Welfare and
D e v e l o p m e n t O ffice, Coloma said
in Filipino over government radio.
Last month,
the Asian Human
Rights Commission denounced the
Manila City government for its apparent neglect to improve the conditions
of the custodial and
rehabilitation center for the street
kids. The children
were reportedly deprived of adequate
food, abused, and
tortured.
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DIAMOND FORMATION A fly-by exhibition by Philippine Air Force SIAI-Marchetti trainer jets
highlighted the Diamond Anniversary of the Department of National Defense yesterday at the GHQ
Grandstand in Camp Aguinaldo, Quezon City. Leading the luminaries who attended the celebration, dubbed as Kagawaran ng Tanggulang Pambansa: 75 Taon Sandigan ng Mamamayan, were
Defense Secretary Voltaire Gazmin (in polo barong) and Armed Forces Chief of Staff Gen. Gregorio
Pio P. Catapang Jr. (Linus Guardian Escandor II)
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News
Benefit show to
raise funds for
Catholic education
By LesLIe ANN G. AqUINO
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National News
Newsbits
Help spread
Papal visit theme
The Catholic Bishops Conference
of the Philippines - Episcopal
Commission on Youth (CBCPECY) has called on the Filipino
youth to reflect and start helping
spread the theme Mercy and
Compassion for the upcoming
apostolic visit of Pope Francis.
In an interview over Church-run
Radio Veritas, Fr. Conegundo
Garganta, executive director of
CBCP-ECY said. The youth must
start reflecting on the theme
for the papal visit now, and to
observe it in their lives especially
as the season of Advent and
Christmas nears, Garganta
added. (Christina I. Hermoso)
PAGASA sees
more rainshowers
Light to moderate rains triggered
by the tai-end of a cold front
will prevail over Cagayan Valley,
Eastern and Central Visayas,
Aurora province, Surigao and
Negros Occidental, the Philippine
Atmospheric, Geophysical
and Astronomical Services
Administration (PAGASA) said
yesterday. Metro Manila and
other parts of the country will
have isolated rain showers and
thunderstorms with partly cloudy
to cloudy skies. Winds will be
moderate to strong over Luzon,
where coastal waters will be
moderate to rough. Elsewhere,
winds will be light to moderate,
with slight to moderate sea
conditions. (Chito Chavez)
Judicial pork
barrel probe
The House probe into the Supreme
Courts spending of its so-called
pork barrel or the Judiciary
Development Fund (JDF) remains
hanging as the House leadership
continued to yield to the request
made by Chief Justice Ma. Lourdes
Sereno that the SC en banc be
allowed to first hand down its final
decision on the constitutionality
of the Disbursement Acceleration
Program (DAP) before any
representative can attend the
House hearing. Iloilo Rep. Niel
Tupas Jr., chairman of the House
Committee on Justice said the
hearings on two measures seeking
to reform the JDF system will not
happen during the Congress
two-week long session. (Charissa
L. Luci)
By CHARISSA M. LUCI
of Political Dynasties
The two measures are both pending
for plenary discussions.
Gonzales earlier cited the possibility
that the House could pass Belmontes
resolution this year.
Meantime, The House Committee on
Ways and Means will prioritize the approval of the proposal modernizing the
Bureau of Customs and the fiscal incentives rationalization bill before passing
the measure seeking to lower individual
and corporate income tax rates.
Marikina Rep. Miro Quimbo, the
panel chairman said they are targeting
to approve the two measures during
the 15-session days before Congress
adjourns for Christmas holidays on
December 17.
Senate wants
more reliable
witnesses
during probes
By HAnnAH L. ToRReGozA
BLooD DonoRS Members of the Bureau of Fire Protection join other volunteers and donors at the San Lorenzo Ruiz Church
in Binondo, Manila yesterday during the Txt Fire Philippines blood donation drive for the Philippine Blood Center. Around one
thousand donors stepped forward to donate blood. (KJ Rosales)
against the new policy, which is expected to end this week or 20 days after the
court decision was issued on 31 Oct.
It has also ordered the MIAA to
submit supporting documents to justify
the legality of its new circular.
Herrera pointed out that this is
unlikely since it violates Republic Act
10022 or the amended Migrant Workers Act of 1995, which automatically
exempts OFWs from the IPSC.
He also said the MIAA may have
overstepped the boundaries of its duties
in crafting circular since it will require
the government to pay additional fees
to airline companies.
A second-termer congressman
is convincing Congress to explore
the possibility of extending the term
of all barangay officials to save public funds and to improve political
stability in the grassroots level.
Bulacan Rep. Joselito Jonjon R. Mendoza wants to amend
Republic Act No. 7160, otherwise
known as the Local Government
Code of 1991, to extend the current three-year term of all barangay officials to six years.
The Code gives barangay
officials the vital role of being
front liners in the delivery of ba-
Black
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News
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News
RELIEF EFFORTS Hundreds of families pack the Delpan Gym in Tondo, Manila after they were left homeless when a sixhour fire razed the densely populated Parola Compound. So much grief for what fire investigators said was a conflagration
sparked by a candle that was left unattended. (KJ Rosales)
After eating dinner, Reyes Jr., who was then under the influence of liquor, got irked because of his
indolent son.
Marcelo said the suspect suddenly pulled out a
knife and allegedly pointed it at the victim, not finding
enough courage to attack his father.
But when the suspect went back a few minutes
later, his father assaulted him with a piece of wood and
hit him twice on the head.
That proved to be too much for the suspect, as he
went on a blind rage and stabbed his father before
fleeing.
Marcelo said relatives were able to bring the victim
to East Avenue Medical Center (EAMC) but died at
2:36 p.m. Saturday.
Cursory examination later revealed that the victim
sustained a lone stab wound at the left side portion of
his body.
A case of parricide is expected to be filed against
the suspect who is still at large.
Police Officer 2 (PO2) Louie Serbito is investigating
the incident.
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News
MMDA to DPWH:
Why the delay in
road projects?
By aNNa Liza viLLaS-aLavaReN
Tolentino said these road projects aggravate traffic congestion in the metropolis.
We cannot figure out why these projects
are not yet completed and have even reached
this Christmas period, he said.
Tolentino cited a road project in Tandang
Sora, which should have been completed within 21 calendar days, but is still on going.
To recall, both agencies have previously
blamed each other over unfinished roadworks
and drainage projects that contributed to
flooding in several streets in the metropolis
sometime last year.
The MMDA chief noted that the delays
have made thoroughfares unavailable to be
Christmas and Mabuhay lanes.
The Christmas lanes serve as alternative routes to help motorists avoid the
Christmas traffic. These lanes also lead
to and from shopping centers in Makati,
Pasay, Quezon City, San Juan, Manila and
Marikina, where traffic is usually heavy
during the holidays.
stance can also affect ones sense of hearing and create significant learning disabilities in children.
QC has initially donated 70 units of
used-up batteries to EcoGlobal.
Rentoy said that her office aims to ensure the safety of city residents by teaching proper handling and disposal of hazardous waste materials.
However, Councilor Victor Ferrer Jr.
wants the city government to do more.
He has consistently called for stiffer
fines and longer jail terms for abusive and
habitual violators of proper waste management and disposal.
Ferrers call was in reaction to the
findings of toxic watchdog EcoWaste Coalition, which revealed that consumer
items tainted with dangerous elements
are being sold in Quezon City and other
parts of Metro Manila.
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Editor-in-Chief
VICENTEAsst.
EDGARDO
C. BARTILAD
CECILIA
COLMENARES
Asst. C.
Editor-in-Chief
Executive
Editor
CECILIA
C. COLMENARES
DR. BETH
DAYEditor
ROMULO
Executive
Executive
Editor
DR. BETH DAY ROMULO
FIL C. SIONIL
Executive
Editor
Managing
Editor
FIL C. SIONIL
JOJO
P. PANALIGAN
Managing
Editor
Entertainment
Editor
JOJO
P. PANALIGAN
ZAC B. SARIAN
Entertainment
Editor
Agriculture
Editor
ZAC
B. SARIAN
Sports Editor
Agriculture Editor
Executive
President-Advertising
Vice Vice
Chairman
of the Board Dept.
PACIENCIA
M. PINEDA Dept.
Executive
Vice President-Advertising
Executive
Vice President-Finance
PACIENCIA
M. PINEDA Dept.
DR. Vice
ENRIQUE
Y. YAP, JR.Dept.
Executive
President-Finance
Vice President-Business
DR. ENRIQUE Y.Development
YAP, JR. Dept.
Vice President-Business
Development Dept.
LYNE A. ABANILLA
LYNE A. ABANILLA
Vice President-Classied
Advertising Dept.
Vice President-Classied
Advertising
MELITO S. SALAZAR,
JR.Dept.
SALAZAR,
JR.
ViceMELITO
PresidentS.and
Compliance
Ofcer
Vice President-Advertising
Department
CARMEN S. SUVA
CARMEN S. Relations
SUVA Dept.
Vice President-Public
Vice AURORA
President-Public
Relations
Dept.
CAPELLAN
TAN
CAPELLAN
TAN
ViceAURORA
President-Executive
Department
Vice President-Executive
Department
DANTE M. SIMANGAN
JESUS
H.
MALLARE
VP-Circulation Department
VP-Circulation
Department
RAMON C.
TING
BASILIO C. YAP
Chairman
of C.
theYAP
Board
BASILIO
CHIEF JUSTICE
HILARIO
G. Board
DAVIDE, JR., RET.
Chairman
of the
Vice Chairman
Board JR., RET.
CHIEF JUSTICE
HILARIOofG.the
DAVIDE,
SECRETARY
ALBERTO
RET.
Vice Chairman
of G.
theROMULO,
Board
Vice ALBERTO
Chairman ofG.
theROMULO,
Board
SECRETARY
RET.
ATTY.
FRANCIS
Y. Board
GAW
Vice
Chairman
of the
ATTY. MIGUEL
Director
B. VARELA
Director COMMISSION, RET.
SECURITIES & EXCHANGE
SECURITIES &ATTY.
EXCHANGE
COMMISSION, RET.
FE B. BARIN
ATTY. FEVice
B. BARIN
Executive
President
Executive
President and
ComplianceJR.,
Ofcer
AFP
GEN. Vice
HERMOGENES
C. ESPERON,
RET.
AFP
GEN. HERMOGENES
C. ESPERON,
JR., RET.
Executive
Vice President-Security
Department
Executive
President-Security
Department
DR.Vice
ESPERANZA
I. CABRAL
DR. ESPERANZA
I.
CABRAL
Independent Director
Independent
JOHNNY L. Director
LUGAY
JOHNNY
L. LUGAY
AVP-Information
& Communication
Technology Dept.
AVP-Information & Communication Technology Dept.
ELIZABETH T.
T. MORALES
MORALES
ELIZABETH
AVP-Accounting Department
Department
AVP-Accounting
ALVIN P.
P. MENDIGORIA
MENDIGORIA
ALVIN
DANTE M. SIMANGAN
MARTIN
V. ISIDRO,
RAMON
C. TING JR.
AVP-Engineering Department
Department
AVP-Engineering
AVP-Product
Distribution
AVP-Metro
Manila
BranchesDepartment
Department
AVP- Advertising
Advertising Department
Department
AVP-
KATHERENE S.
S. CHUA
CHUA
KATHERENE
SANDY U. COTOCO
MARTIN V. ISIDRO, JR. SANDY U. COTOCO
Manager-Circulation,
Credit & Collection Dept.
AVP-Product Distribution
Dept.
Manager-Circulation,
Credit & Collection Dept.
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Business Beat
Good government
eliminates corruption
By MeLito SaLazar Jr.
Black
reflections today
The healing of
the blind beggar
rEFLECTIoNS
SoN oF DAVID. One wonders why Luke emphasizes that this Man from Nazareth (northern part)
(Philippine General Hospital, Lung Center, Kidney Center, Heart Center, etc.) having specialized equipment and
personnel. A voucher system could be instituted so that
the citizen can chose the medical facility to avail of in the
process supporting well run private hospitals.
Government must make the difficult but necessary
decision to close down substandard government educational institutions as it also through CHED and DepEd
should stop private universities and colleges that are not
able to meet the accreditation standards. I recall during
the Marcos years, the Technical Panel for Agricultural
Education through establishing minimum standards for
agricultural colleges was able to prevent the creation
of new ones (every high school principal aspires to be
a college dean and a college dean wants to be a university president with the local politicians catering to their
desires) but was not able to close a single one, due to
political reasons. The projected voucher system as a way
Luke 17:1-6
ymv
The human
tragedy of Ebola
F
RR
LL
Editorial
10
ymv
Views Features
speaking out
Nurturing the
reading habit (2)
By ignacio r. Bunye
across a rare book Yahin, Nihay written for adult readers-tellers of stories.
Fully illustrated in color, the book is written in Filipino (but with English translation) by lawyer Eliseo Alampay. It tells
of two beautiful sister caterpillars. One
(Yahin) metamorphosed into a normal
butterfly. The other (Nihay), by design
because she wanted others to envy her,
became a golden butterfly.
The need to inculcate the habit of
reading becomes especially imperative with the advent and tremendous
developments in broadcast and in the
film industry which tend to convert
many, especially the young, into passive
learners.
The National Statistics Office (NS0)
declared in 2010 an increase in the number of people who can read and write in
any language or dialect in the Philippines compared to 10 years ago.
The Census of Population and Housing (CPH) showed that of 71.5 million
individuals who are 10 years old and
above, 97.5 percent or 69.8 million were
literate or could read and write.
I suspect, however, that the figures
do not actually capture the actual reading capabilities if we are to use international reading benchmarks.
The Organization of Economic Cooperation and Development (OECD)
has categorized reading abilities into 5
levels, as follows:
Level 1 Very poor literacy skills.
Level 2 Has capacity to deal only
with simple, clear material involving
uncomplicated task.
Level 3 Adequate to cope with the
demands of everyday life and working in
an advanced society.
Levels 4 and 5 Strong skills. Individuals at these levels can process
information of a complex and demanding
nature.
Against those benchmarks, more
needs to be done in order to raise our
reading skills on a national scale. The
battle has to be waged both in the homes
and in the classrooms. In both arenas,
the young must be given the proper
learning environment and the proper
facilities to give them a good start.
That will be quite a challenge for
parents, teachers and the community.
For feedback, email us at totingbunye2000@gmail.com .
special report
SCHIZoPHrENIC DIPLomACY.
Within 48 hours PNoy hopped to
myanmar and started again talking
tough (although in more measured
diplomatese).
One side is planting a tree, the
other insists on shoveling.
punchline
***
(But) among the ASEAN-5 countries, the Philippines has the best
growth perspective with an average
growth forecast of 6.2 percent for
2015 to 2019, the DFA points out,
adding that other ASEAN-5 countries are projected to only grow by
only 6.0 percent for Indonesia, 5.7
percent for Vietnam, 5.6 percent
for malaysia, and 4.1 percent for
Thailand.
PH to leads the pack. Hooray!
***
Likewise, the Philippines has
emerged as one of the top three countries in the world that have the most
effective financial inclusion programs,
according to the Global Microscope
2014 index of the Economist Intelligence Unit (EIU) which assessed the
of 55 countries.
An improvement from the 2013s
4th ranking.
***
Peru, Colombia, and the Philippines demonstrate the most conducive environments for financial
inclusion, with PH improving its
score to 79 (out of 100) from last
years 67.9, trailing behind Perus 87
and Colombias 85,says the report.
A welcome feat, courtesy of the
BSP.
***
Meanwhile, Malacaang says
President Aquinos advice for the Senate to speed up the investigation of the
analysis
Black
ymv
Views Features
12
Merry-go-round
page twelVe
Phoenix-like
Vietnam
By FLoro Mercene
report
China sets
climate targets
By Jack cHang
By eLinando B. cinco
H AT h a p p e n e d a s a n
enigmatic twist in a tidbit
of ancient war history has
an ominous relevance to
the impending energy shortage seen
during the summer months of 2015.
It is narrated by street historians
that after conquering one third of the
world, Mongolian warlord Genghis
Khan heard of the richness of the British Isles and decided to add them to
his empire.
Genghis Khan and thousands of his
marauding warriors were all lined up
at the beaches of what is now Belgium,
ready to cross the English Channel to
England.
Fortunately, England knew of the
planned invasion much earlier and
solicited the help of the kingdoms of
Scotland and Ireland which sent battleready contingents.
The composite protectors were also
on the ready camping at the long shoreline of southern England armed to the
teeth anticipating a bloody skirmish.
The following morning, to the
surprise of the British defenders, they
learned that Genghis Khan and his
myriads of pillagers were nowhere at
the Belgian peninsula. They had disappeared mysteriously.
And then peace reigned in the
United Kingdom.
ergo
Is Binay self-destructing?
By Leandro dd coroneL
special report
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News
13
CA resolves dispute...
Trial Court (RTC), which ruled in favor of
TDI, is consistent with the decision dated Aug. 15, 2013 rendered by the Special
Former Thirteenth Division on a similar
case involving the same parties.
It further explained that it decided to
merely adopt the Special Former Thirteenth Divisions dispositive portion which
directed TDI to pay Ginebra San Miguel
Inc. (GSMI) 50 percent of the total gross
sales of its Ginebra Kapitan products
from the time of the filing of the case
before the Regional Trial Court (RTC) of
Mandaluyong City in 2003 up to the finality
of the judgment.
The appellate court also ordered TDI
to pay GSMI the amount of P2 million as
exemplary damages and P500,000 as attorneys fees and remanded the case to the
Mandaluyong RTC for the purpose only of
the accounting of the gross sales of TDIs
Ginebra Kapitan and for the determination
of the amount of actual and compensatory
damages to be awarded to GSMI.
WELCOME, POPE FRANCIS The Papal Visit is two months away but welcome signs
have been posted in anticipation of the event. In photo, a welcome sign hangs outside
the Binondo Church in Manila. The Vatican has released the official itinerary of Pope
Francis when he visits the Philippines from January 15 to 19, 2015. (KJ Rosales)
LP, NP potential...
petitioner.
What is clear, however, based on the
record, is the fact that the relevant public
perceives the word Ginebra as the gin
product of the petitioner, it added.
Furthermore, the CA said it agrees
with the petitioner that the term Ginebra had already acquired a secondary
meaning under Section 123.2 of the Intellectual Property Code of the Philippines,
since it has become associated with the
source of goods rather than with the goods
themselves.
While the term Ginebra may originally descriptive term for a gin product,
the said word had already become distinctive of the products of the petition
in view of the latters extensive and
substantive use of the term Ginebra
on their gin products for over 180
years, it noted.
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World News
14
Newsbits
Mexico campus
shooting
MEXICO CITY (AP) A city police
officer was put under arrest and
is being investigated following
a shooting incident Saturday
that wounded a student on the
main campus of the National
Autonomous University of Mexico,
prosecutors said. The shots were
fired after a crowd verbally and
physically assaulted the officer and
three others officials sent by the city
prosecutors office to investigate a
students complaint of a cellphone
theft earlier this month. The officer
reported that he fired shots into
the air trying to deter the crowd of
about 20 people and a bullet struck
a male student in the thigh, the
statement said. It said the officer
was being treated at a hospital for
bruises and was put in custody while
the incident is being investigated.
Theft-proof bike
SANTIAGO, Chile (AP) Its a
bicyclists dream: a bike that cant
be stolen. The Yerka, a prototype
designed by three young Chilean
engineering students, is the latest
entry in a recent trend of bikes that
can be locked using some of their
own parts. They include Brooklynbased Seatylock, which uses its
saddle seat as a lock, and Seattlebased Denny, which is locked with
its detachable handlebars.But the
inventors of the Yerka have made
a twist in that approach. The bikes
lower frame opens up into two arms
that are then connected to the seat
post and locked to a post, so thieves
would have to destroy a Yerka to get
it unlocked, leaving it valueless.
Worlds largest
hallaca
CARACAS, Venezuela (AP)
Venezuelans may be struggling
with shortages of basic food
items, but Christmas treats were
in abundant supply Saturday. With
some help from the Ministry of
Nutrition, some cooks set a record
for making the worlds biggest
hallaca _ Venezuelas version of the
tamale that is traditionally eaten in
December. Hundreds of spectators
were on hand for the creation of the
huge hallaca, which features pork,
beef, chicken, olives and raisins
folded into corn dough and wrapped
in a banana leaf. The Guinness
Book of World Records certified the
nearly 400-foot-long creation as the
worlds largest.
5,000 people in West Africa, mostly in Liberia, Guinea and Sierra Leona. Of the 10
people treated for the disease in the U.S.,
all but one has recovered.
Salias ambulance to the hospital was
accompanied by a single Nebraska State
Patrol cruiser and a fire department vehicle a subdued arrival in contrast to the
August delivery of Dr. Rick Sacra, whose
ambulance was flanked by numerous police cars, motorcycles and fire vehicles.
Salia has been working as a general surgeon at Kissy United Methodist
Hospital in the Sierra Leone capital of
Freetown. Its not clear whether he was
involved in the care of Ebola patients.
Kissy is not an Ebola treatment unit, but
Salia worked in at least three other facilities, United Methodist News said, citing
health ministry sources.
KOALA DIPLOMACY? U.S. President Barack Obama (right) and Australias Prime
Minister Tony Abbott cuddle koalas during a photo opportunity on the sidelines of
the G-20 Summit in Brisbane, Australia. Obama, Abbott and Japanese Prime Minister
Shinzo Abe urged Asian nations to find peaceful means in resolving territorial
disputes. The three leaders likewise agreed to fortify security ties. (AFP)
DOC IS EBOLA PATIENT Dr. Martin Salia, a surgeon infected with the Ebola virus
while working in Sierra Leone, arrives at the Nebraska Medical Center in Omaha,
Nebraska on Sunday. Salia worked at the Kissy United Methodist Hospital in
Freetown, Sierra Leone. He tested positive for Ebola last week. (AFP)
Obama
immigration
moves due by
years end
security chief
SIMI VALLEY, United States (AFP)
US President Barack Obama will
announce immigration policy changes
he expects to enact by executive order,
including on border security, by years
end, Homeland Security Secretary Jeh
Johnson said Saturday.
We are in the final stages of developing some executive actions, Johnson
said at a national security conference at
the Ronald Reagan presidential library
in Simi Valley, California.
Unfortunately the (Republicanrun) house didnt act last year, and
meanwhile we have a broken immigration system, he said.
Obama will make an announcement before the end of the year,
Johnson said.
It will be comprehensive, he
added, explaining that it will include
strengthening border security.
Arizona Senator John McCain, one
of the Republicans who supports immigration reforms, urged Obama to give
the new congress some time to see if
we can move forward.
FLOODS IN
ITALY A
solitary
pedestrian
braves
floodwaters
along a major
street in
Italys fashion
and industrial
hub of Milan.
Storm-induced
torrential
rains likewise
triggered
landslides,
leaving five
people dead.
(EPA)
crimes probe.
While North Korea often features
on the roster of resolutions targeting
pariah states, the latest text has been
the focus of intense diplomacy over provisions that could see the Pyongyang
regime in the dock at the International
Criminal Court (ICC).
The resolution draws heavily from
a UN report released in February that
detailed a vast network of prison camps
and provided accounts of torture, summary executions and rape, mostly from
testimony from North Korean exiles.
Responsibility for these crimes
lies at the highest level of the state,
according to the report by the UN
inquiry, which concluded that the
atrocities amounted to crimes against
humanity.
The landmark report stirred alarm
in Pyongyang, which launched a dip-
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Luzon News
15
POWER FROM WATER Administrator Florencio Padernal (left), of the National Irrigation
Administration is joined here by officials from the Department of Energy and the Japan
International Cooperation Agency in the ceremonial switching on of the control panel
that launches the mini-hydropower plant in Barangay Villafuerte, San Mateo, Isabela,
into operation. (Ceasar M. Perante)
that the MARIIS irrigated 81,000 hectares of rice lands with an estimated
return of P8.3 billion from the rice
harvests last cropping season in this
DUMAGAT SPEAK Members of the Dumagat tribe in Bulacan approach Governor Wilhelmino
M. Sy-Alvarado to thank him for keeping them in mind in his provincial government programs
and aired their other grievances during an informal meeting, recently. (Freddie C. Velez)
Quirino Day
VIGAN CITY, Ilocos Sur The
one-year countdown to the 125th
birth anniversary of the late former
President Elpidio Quirino next year
was formally announced in simple
rites here yesterday. Speaking
at the 124th birth anniversary
celebration of Quirino, Ilocos Sur
Governor Ryan Luis V. Singson he
and the Eddie Quirino, grandson of
the late president, are now on the
process of planning the activities
for next years grand celebration.
Apart from province-wide contests
and festivities, the occasion will be
marked by the minting of hundreds
of President Quirino Medallions by
the Bangko Sentral ng Pilipinas,
Singson said. (Freddie G. Lazaro)
Mutya ng Batangas
CHRISTMAS COME As if Christmas were already here, revelers mill around a giant
Christmas tree at Baguio Citys Christmas Village which was opened last Saturday night
by the management of the Baguio Country Club. (Zaldy C. Comanda)
those complaining about the horrendous road conditions of the town due
to trucks hauling nickel ore.
Several months ago the DENR
stopped the mining operations as
coastal area residents here complained
that the sea water had turned virtually
red due to erosion from mining.
Ebdane said the new road being
built spans 20 kilometers, passing
through foothills in remote parts of
Barangay Guisguis and Tubo-tubo
North, ending at the Sta. Cruz Port in
Barangay Longos where they ship the
nickel ore out of Zambales.
This road will bypass the communities and other built-up areas, so we
hope it will answer complaints about
dust in summer and muddy roads during the rainy season, Ebdane said.
Christmas chill
Poverty reduction
Newsbits
Food carts
LUCENA CITY, Quezon A total
of 28 food carts were distributed
over the weekend to the Rural
Improvement Club (RIC) and 4H Club
members in various towns of this
province. The recipients were from
the towns of Guinayangan, Plaridel,
Gumaca, Buenavista, Catanauan,
San Antonio, Real, Pagbilao, Padre
Burgos, Candelaria, Macalelon,
Sariaya, Unisan, San Francisco,
Atimonan, Lopez, Agdangan,
Lucban, Mauban ng Tayabas City.
Quezon Governor David C. Suarez
said the food carts, equipped with
cooking utensils, come with a buildup capital to help womenfolk start
a small business enterprise. (Danny
J. Estacio)
Gawad Kalasag
LANTERNS MADE IN JAIL Various designs of the parol (Christmas lantern), handcrafted
by these inmates of the Ilocos Norte Provincial Jail, are available already available for
sale at the facilitys lobby. (Freddie G. Lazaro)
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Visayas News
16
No need to probe
ICC further
Trillanes
Newsbits
By HAnnAH L. ToRRegozA
Woman rebel,
companion nabbed
BACOLOD CITY, Negros Occ. (PNA)
A woman political instructor
of the New Peoples Army (NPA)
and her companion were recently
nabbed in a military checkpoint
at Sitio Kinabong 3, Don Salvador
Benedicto, Negros Occidental. Col.
Jon Aying, Brigade Commander of
the Philippine Army (PA)s 303rd
Infantry Brigade identified those
arrested as Angelita Quinsina, alias
Bem, 27, of Brgy. Monteswerte,
Carmen, Bohol; and Reman
Manlanat, alias Kim, 17, of Brgy.
Libertad, Escalante City. The two
members were flagged down while
onboard a motorcycle on their
way to Bacolod City. Confiscated
from them were 80 rounds of .30
caliber ammunitions and subversive
documents.
Illegal drug
personalities
rounded up
ILOILO CITY (PNA) - Seven
suspected drug personalities were
rounded up Friday by operatives of
the Philippine Drug Enforcement
Agency in Region VI (PDEA-6) who
raided a drug den in Brgy. Bakhaw,
Mandurriao, Iloilo City. PDEA-6
Director Paul Ledesma identified
the drug personalities as Wayne
Jover of Divinagracia, Lapaz district
and Renante Guzman of Brgy.
Hinactacan, Lapaz; Reynante Jitiayon of Bgy. Sambag, Jaro district
and John Christopher Guzman of
Brgy. Tagbak, Jaro; Rolly Jimenia
and his daughter Rubelyn JimeniaIntrebuena, both of Brgy. Bakhaw,
Mandurriao, Iloilo City; and, Jonas
Pabilona of Leganes, Iloilo. However,
slippery suspect, Merly Degala, alias
Dacdac, tagged as the maintainer
of the drug den, escaped with both
hands handcuffed. Ledesma said
the unfortunate incident happened
after one of the arrested suspects
diverted the attention of the
arresting lawmen, giving Degala a
chance to slip past PDEA agents
unnoticed.
PINOY HUMOR Passersby along the road on the way to Diit in Tacloban City will notice the signage naming this small store
after super-typhoon Yolanda. (Rolan Garcia)
Senator Antonio Trillanes IV yesterday said he finds no need for the Senate
Blue Ribbon Committee to dig deeper
into the alleged overpriced Iloilo Convention Center (ICC). He said the lack
of documentary evidence presented by
complainant Atty. Manuel Mejorada in
last Thursdays investigation, has put
into question allegation of anomalies
in the ICCS construction.
In a radio interview, Trillanes also
said the Blue Ribbon sub-committees
probe into the Makati City Hall Parking
Building 2 should not be compared to
the mother committees proceedings in
the ICC investigation. He refuted Sen.
Sergio Osmenas IIIs observation on
the Senates friendly approach when
it held its initial hearing into the ICC.
I think (the treatment) was the
same with the (Senate Blue Ribbon)
sub-committee. He (Osmena) has
not been attending (the hearings) and
thats why I think he has a wrong assessment of the probe. But the people
saw what happened, Trillanes said in
an interview over Radio DZBB.
There are hostilities when resource persons are lying and or trying
to flatter the senators. Like Mr. (Antonio) Tiu and an official from Hilmarcs
(the ICC contractor). Resource persons
are really not allowed to fool around the
committee, he said.
In contrast, Trillanes said those
resource persons who appeared in
the ICC probe offered satisfactory and
clear testimonies, like Department of
Tourism Secretary Ramon Jimenez,
and Department of Public Works and
Highways Secretary Rogelio Singson.
The testimonies given by Secretaries Singson and Jimenez were
satisfactory, and very clear. Even the
representative from Hilmarcs was
able to give us direct information,
said Trillanes. Mr. Mejorada, too, was
clear in admitting candidly that he had
no evidence to present. Why are we
going to scold him when hes telling the
truth, he said.
Sen. Aquilino Pimentel III had
earlier said he has reservations on Sen.
Teofisto Guingona IIIs plan to hold a
second hearing on the ICC probe.
Guingona is head of the main panel
of the Senate Blue Ribbon while Pimentel is heading its sub-committee which
is in-charge of investigating the alleged
overpriced Makati City Hall Parking
Building 2.
According to Pimentel, Guingona
has decided to hear former Iloilo Rep.
Augusto Syjucos testimony against
Senate President Franklin Drilon, who
is accused of facilitating the construction
of the ICC using his pork barrel funds.
Soliman.
In Iloilo province alone, Soliman
said DSWD-6 is verifying the combined
129,081 houses that were both reported
to have been totally destroyed and
partially damaged by Yolanda. Of that
figure, 43,077 refers to totally damaged
houses and 86,004 to partially damaged
houses.
Defensor also prodded the Cabinet
secretaries on when the funds will be
released to Yolanda survivors.
By end of January 2015, was Solimans reply.
Defensor pressed on further, asking if Yolanda survivors who initiated
the repair of the homes could still avail
of the shelter funding committed by
government for Panay Island. Soliman
gave assurances that they would still be
included among the funding recipients.
Still, Manila Bulletin has received
reports of concern from Yolanda survivors through Panay Island regarding
officials who have conducted ocular
inspection of typhoon-hit houses telling them they can no longer avail of
aid from government since they have
already started to effect minor repairs
on their homes.
Governors Florencio Miraflores
Along with Gazmin, who concurrently serves as chairperson of National Disaster Risk Reduction and
Management Council (NDRRMC),
was NDRRMC Executive Director
Alexander Pama. (Tara Yap)
investments.
Iloilo City has been assigned to
host two meetings by the APEC National Organizing Committee (NOC).
The city will host the Small Medium
Enterprises (SME) ministerial meeting on September 21-25, 2015 and the
Food Security Week (High Level Policy
Dialogue on Food Security and the
Blue Economy) on September 28 to
October 6, 2015.
However, Luz stressed that it is important that preparations to go global
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Mindanao News
USAID enters
into MOU with
Zambo City
By NONOY E LACSON
CIVILIAN ADVISERS Maj. Gen. Edmundo Pangilinan, commander of the 6th Infantry Division (in uniform) swears in the 10
initial members of the Armys civilian advisory board in Maguindanao during formal rites Saturday at the military headquarters
in Awang, Datu Odin Sinsuat. The board chairperson is Prof. Susana Anayatin who is shown next to Pangilinan. (Ali G.
Macabalang)
17
Newsbits
Signature campaign
TANDAG CITY A signature
campaign to privatize the Tandag
City Water District started early
this week, due to severe shortage
of water supply. The signature
campaign appeals to the legislative
body of Tandag to look for possible
means in addressing the water
shortage suffered by 52,114 city
inhabitants since early this year. The
campaign also asked local officials
to present their recommendations
and solutions to the situation where
the business community already
suffered since January. (Mike
Crismundo)
Mindanao Spatial
Strategy
DAVAO CITY The National
Economic and Development
Authority (NEDA) Board for Regional
Development Committee (NBRDCOM) reviewed and endorsed the
2015-2045 development framework
of the Mindanao Spatial Strategy
(MSS), recently, during its 15th
conference at the Seda Abreeza
Hotel here. The MSS framework
was presented to the NB-RDCOM
body by NEDA-11 Director Maria
Lourdes Lim that embodied five
major principles that are anchored
to the National Spatial Strategy.
RDC Davao region chairperson and
Davao del Norte Governor Rodolfo
del Rosario said that the MSS
framework is seen to accelerate
the socio-economic development
of the various regions in Mindanao.
(Alexander Lopez)
Agri-biotechnology
PERIL AMONG TREES A worker prunes a coconut tree before it is eventually cut
down in Kidapawan City. Residents in the area have been complaining how these
trees along the city sidewalks have posed danger to passersby due to falling
coconuts. (Alexander D. Lopez)
Agriculture-biotechology
(agri-biotech), including the
commercialization of Bacillus
thuringensis (Bt) eggplant, has
received a shot in the arm from 142
delegates of the First Mindanao
Agri Farmers Congress in Cagayan
de Oro City last Oct. 29. They
made the declaration of support
as leaders of the Agriculture and
Fisheries Council (AFC) from the
six regions of Southern Philippines
gathered at the event. The
delegates signed the Declaration
of support to Biotechnology and Bt
Eggplant, even as they promised
to continue the information and
education campaign (IEC) on Agribiotechhnology led by the AFCs.
The 142 participants unanimous
support to Agribiotecnology and the
commercialization of Bt eggplant
came as the case on the genetically
engineered (GE) eggplant now in
the Supreme Court has yet to be
concluded. (Edd K. Usman)
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Sports
18
VolleybAll
By KRISTEL SATUMBAGA
Members of Instituto Estetico Manila pose for a trademark jump shot after completing a five-set win over Systema to capture the
inaugural mens division crown of the Shakeys V-League yesterday at The Arena in San Juan. (Linus Escandor II)
bASkeTbAll
UV rallies to beat NU
TenniS
bASkeTbAll
By JONAS TERRADO
Games Today (Cebu City Coliseum)
5:15 p.m. - USC vs UV
7 p.m. - SWU vs Arellano
bASkeTbAll
bAdminTon
Badminton
listup on
Registration for the P1.5 million
Bingo Bonanza National Open badminton tournament is ongoing with organizers expecting the roster to swell as the
event, slated Dec. 11-14, draws near.
Fee is pegged at P800 with the listup
ending on Nov. 28 at 5 p.m. The list of
players will be posted on Dec. 1 with the
draw set on Dec. 5, according to the or-
Arcilla, Dandan
rout doubles foe
The No. 3 tandem of Johnny Arcilla
and Kyle Joshua Dandan made short
work of Joshua Miranda and Dennis
Vitaliano, 6-0, 6-0, yesterday to advance into the next round in the mens
doubles event of the 33rd Philippine
Columbian Association (PCA) Open at
the PCA claycourts.
Kinuha namin ng mabilis yung
laro dahil gusto naming makapagsave ng energy para sa second round
ng mens singles bukas (Monday).
Maganda yung chemistry namin sa
loob ng court ni Kyle, said the 34-yearold Arcilla in this event presented by
Cebuana Lhuillier and Metro Global
Holdings.
Arcilla and Dandan will battle
Leo Toledo and Bernan Bering, who
made it to the next round via walkover
against Rodolfo Barquin and Joshua
Kinaadman.
Defending champions Patrick John
Tierro and Ronard Joven also made it
into the next round without any resistance when Inigo Caguiron and Butch
Mejico likewise failed to show up.
PH netters eye
Phinma berths
Jacob Martin and Justin Suarez
came away with victories in varying
fashions as the two Filipino bets stayed
in the hunt for four berths in the main
draw of the Phinma-PSC International
Juniors Tennis Championships which
get going tomorrow at the Rizal Memorial Tennis Center.
Martin whipped Korean Hyun June
Jeong, 6-3, 6-2, while Suarez survived
Finlands Richard Wohlstrom, 7-6(5),
6-4, in the first round of the two-day
qualifiers yesterday. But the two local
bets will have their hands full in todays resumption of the elims.
CoCkfiGhTinG
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Sports
19
VolleybAll
boXinG
Algieri in for a
shockRoach
Donnie Nietes, who is nicknamed Ahas, walks to the ring wearing his pet snake like an
oversized necklace before his fight with Mexicos Carlos Velarde Saturday night in Cebu
City. Nietes won by seventh round TKO. (Juan Carlo de Vela)
boXinG
CEBU CITY Donnie Nietes displayed the prowess worthy for big fights
with a one-sided win that is expected to
cement his place as the longest reigning Filipino world champion of all-time.
Nietes retained his World Boxing
Organization (WBO) junior flyweight
crown with a seventh round TKO of
Mexican challenger Carlos Velarde in
this bustling city Saturday night, paving the way for a promising future for
the 32-year-old fighter.
The bout ended after the seventh
round of the main event held in front of an
animated crowd at the Waterfront Hotel
here when Velarde was forced to quit following a clash of heads that left the visitor with a nasty cut in his left eyebrow.
With Velarde an image of a bloodied
fighter in his stool, veteran referee Rob-
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Sports
inSide
UV rallies
to beat
NU Bulldogs
18
inSide
Editor: DING T. MARCELO
Asst. Editor: REY C. LACHICA
Nietes TKOs
Mexican foe,
extends title reign
19
E-mail: sports@mb.com.ph
PbA
players namin.
Rookie Jake Pascual from San Beda
came through with a breakout game, pouring
21 points on 9 of 13 shooting with 12 rebounds
and 3 steals, spoiling the 21-point game of LA
Revilla, the hero of Kias inaugural victory
over Blackwater.
Meantime, veteran center Dorian Pena,
out for eight months with an Achilles injury,
is reportedly set to return, giving Barako
Bull something to look forward to.
In the second game, San Miguel forward
Arwind Santos hit four free throws in the
closing seconds in finishing with 22 points
and nine rebounds and center June Mar Fajardo, who turns 25 today, had 21 and 15 as
the Beermen weathered a furious comeback
by Barangay Ginebra San Miguel, 79-77, to
grab solo second with their fifth win in six
games.
First Game
BARAKO BULL 87 Pascual 22, Wilson 11,
Miranda 9, Lanete 8, Garcia 7, Pennisi 6, Lastimosa
5, Intal 5, Marcelo 5, Hubalde 4, Paredes 3, Salvador
2, Pena 0, Silva 0.
KIA 71 Revilla 21, Cervantes 15, Alvarez 8,
Webb 6, Jaime 5, Buensuceso 4, Lingganay 3, Pascual
3, Padilla 2, Dehesa 2, Thiele 1, Sanga 1, Ighalo 0,
Alonzo 0, Raymundo 0.
Quarters: 22-14; 46-39; 66-53; 87-71.
Second Game
SAN MIGUEL 79 Santos 22, Fajardo 21, Lutz
10, Pascual 7, Tubid 6, Chua 4, Ross 3, Lassiter 3,
Mercado 2, Maierhofer 1, Semerad 0, Fortuna 0,
Omolon 0.
GINEBRA 77 Slaughter 16, Aguilar 15, Tenorio
10, Helterbrand 10, Caguioa 7, Ellis 6, Mamaril 3,
Urbiztondo 3, Yeo 3, Reyes 2, Brondial 2, Monfort 0,
Baracael 0, Forrester 0.
Quarters: 14-17; 38-33; 61-49; 79-77.
bASkeTbAll
Golf
Tabuena sizzles
Miguel Tabuena moved himself up the
leader board with a robust four-under-par
68, jumping into the top 20 of the Chiangmai Golf Classic Sunday at the Alpine Golf
Resort in Chiangmai, Thailand with many
of the leaders still out on the course because of a one-hour rain delay.
Tabuena, 20, had a clean card of four
birdies and no bogeys but trails three coleaders at press time who are tied at 15
under par. With his total of 281 seven under par, Tabuena ( 70-72-71-68) is tied for
15th place in the $700,000 tournament.
Jay Bayron, the other Filipino golfer
who made cut, shot an even par 72 and
was tied in 48th place with a total of 288.
Tabuena birdied the seventh, 10th,
14th and 18th holes and overall had only
27 putts for the round, saving pars from
missed greens on five holes.
Though Tabuena missed three straight
cuts prior to this event, he had his worthiest finish in the Yeangder tournament
where he placed second.
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Shipping
Classified Ads
PSE Quotations
BSP Reference Rates
Editor: LORETO D. CABAES
Asst. Editor: BERNIE CAHILES-MAGKILAT
B1 Monday, November 17, 2014
News In Brief
P/$ rate stands
at P44.94/$1
The peso
exchange
rate stands
at P44.94 to
the US dollar
last Friday at the Philippine Dealing & Exchange Corp. (PDEx). The
weighted average rate stands at
P44.93.
Overpriced
bottled water,
Noche Buena items
Trade and Industry Undersecretary Victorio Mario Dimagiba has
warned owners of some bottled
water brands, which are being
sold in the Manila airports and
bus terminals. Dimagiba also
asked four supermarkets to
explain for selling Noche Buena
items higher than the suggested
retail prices (SRPs). (BCM)
E-mail: business@mb.com.ph
existing ones. The company now operates four end of line units.
Based on the document, it was hinted
that Unilever could be a candidate as an
enterprise under the Inclusive Business program of the BOI.
Inclusive business is a private sector approach that, keeping its for-profit
nature, contributes to poverty reduction
through the inclusion of low income communities in the value chain of companies'
core business as suppliers, distributors,
retailers, or customers.
The document stated that inspired by
Unilevers global leadership, the local
management is in the midst of seriously
redefining what it is to be a sustainable
business.
The Unilever Sustainable Living Plan
(USLP) is aimed at ensuring the companys long-term profitability while reducing the its environmental footprint and
increasing its positive social impact.
The USLP goals including helping
billions of people to take steps in improving their health and well-being, have the
environmental impact or footprint of its
B-2
Black
ymv
Business News
B-2
he government has
delayed plans over
its proposed bill asking the US government to grant duty-free access of goods produced in areas affected by super- typhoon
Yolanda until the US mid-term
election is finished.
Trade and Industry Secretary Gregory L. Domingo
said the DTI has already a
draft bill for this Philippine
initiative but it has to wait
until after the US mid-term
elections.
There has been a draft
for several months but it had
to wait until the mid-term
elections are finished so we
can find sponsors for it,
Domingo said in a text message.
B-1
Black
ymv
Business News
Is The
Philippines Ready
For ASEAN Economic
Community
2O15?
the BSP approved the rules and regulations that will govern and guide the new
foreign banks.
This signals the countrys readiness
for banking regional integration by the
year 2020. The BSP is part of negotiations
that will implement the ASEAN Banking
Integration Framework or ABIF which
will identify so-called ASEAN banks.
Sianturi said Citi have already set up
its ASEAN structure and they have the
advantage of a global footprint as well as
regional, be it Asia or ASEAN.
According to Sianturi, the most important thing in a regional integrated
community is how to connect.
Citi is in 101 countries and operating
in 160 countries so I think global footprint
is very important and we believe that
globalization is one of the cyclical trend
its going to be emerging market with
developed market and developed market
with developed market and emerging
market with emerging market. Those
were the trade flows and finance follows
trade, he added.
American bank Citi is one of 14
foreign banks in the Philippines. Established in 1902 in Manila, it is the second
oldest international bank after British
bank Standard Chartered Bank which
set up a local branch in 1872.
Citi is also the first global bank to
put up a business process outsourcing
operation in the country at a time when
there was no call center industry to
speak of. Its Philippine BPO serves as
its Asia Pacific hub and it has since been
expanded from simple customer sales
and service into a more value added
financial and management reporting
center.
B-3
PH to sign
ASEANIndia FTA
By BERNIE
CAHILES-MAGKILAT
The government has assured India of its formal concurrence to the services and
investments agreement under
the ASEAN-India Comprehensive Economic Cooperation before end this year.
Trade and Industry Secretary Gregory L. Domingo
said after his return from
the recently concluded East
Asia and India-ASEAN summits in
Myanmar.
President Benigno Aquino gave his
assurance to Prime Minister Narendra
Modi during their bilateral meeting
on the sidelines of the summits. The
Philippines is the only country in the
10-nation ASEAN to sign a Free Trade
Agreement for services and investments
with India. India has formally signed the
long-pending pact with the other nine
southeast Asian nations: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar,
Singapore, Thailand and Vietnam.
We commit to submit our formal
concurrence this year. Once done, the
transport.
It seeks to liberalize trade in services
and bilateral investment, building on their
existing free trade agreement (FTA) for
goods and covering a combined population of 1.8 billion.
The agreement is also seen to help
balance India's deficit with ASEAN
countries in trade of goods. The India
ASEAN agreement on trade in goods
was operationalized in 2010. The current
India-ASEAN trade is around $81 billion
and a target of $100 billion has been set
for 2015. The FTA will help provide a
commercially meaningful market across
ASEAN for India's professionals.
By JAMES A. LOYOLA
Black
ymv
Business News
B-4
BEST MARKETER AWARD Wendys Philippines bags the International Diamond Award for having outstanding results in
the international marketing arena. Photo shown during the awarding at the Wendys APEMEA Regional Conference held
at Ayala Museum, Makati City, Oct. 14, 2014 are (from left) John Pain VP & Managing Director, Asia Pacific & EMEA, The
Wendys Company, Michael Kho President, Wendys Philippines, Mr. & Mrs. Lucio Co, Mr. & Mrs. Jose T. Pardo, Founder
Wendys Philippines, Yvette Orbeta, Chairman, Wendys Philippines, and Darrel Van Ligten, President, Wendys Global
Restaurants LLC.
planning strategies that rely on mismatches and gaps that exist between
the tax rules of different jurisdictions.
It is aimed at shifting profits in ways
that erode the taxable base.
Internal Revenue Commissioner
Kim S. Jacinto-Henares, who was
recently been appointed as United
Nations international tax expert, welcomed this development.
We look forward to developing
international tools to combat base
erosion and profit shifting. Together,
we can address a fundamentally unfair
practice where multinationals make a
huge profit in countries they pay little
to no taxes, Jacinto-Henares said.
We expect these corporations to
at least contribute to building and developing the nations they made huge
profits from, she added.
Referencing the recently concluded International Tax Forum organized
by the DOF, Jacinto-Henares added,
Living in an increasingly globalized
Black
ymv
Business News
B-5
SUPPORT FOR PHLS BIGGEST WIND FARM - Department of Energy (DOE) Secretary
Carlos Jericho L. Petilla (4th from left) extends a congratulatory handshake to
Federico R. Lopez (5th from left), Chairman and CEO of Energy Development
Corporation (EDC) and EDC Burgos Wind Power Corporation (EBWPC), during a
ceremonial loan signing and cocktail reception held on Nov. 13, 2014, in Taguig
City for the $315-million loan agreement between EBWPC and a syndicate of
foreign and local banks. The loan facility is for the construction of EBWPCs
150-megawatt Burgos Wind Project, the countrys largest wind farm located in
Ilocos Norte. EBWPC is an affiliate of Energy Development Corporation (EDC), a
Lopez Group company. Also in photo are (from left) Ernesto B. Pantangco, EDC
director and Executive Vice President; Jose Raymund A. Acol, DOE Assistant
Secretary; Nestor H. Vasay, EDC Senior Vice President and CFO; Jonathan C.
Russell, EDC director; and Richard B. Tantoco, EDC President and COO.
Black
ymv
Business News
B-6
World
STOCKS
PAR
VALUE
2012
EPS
PREV
CLOSE
OPEN
HIGH
LOW CLOSE
VOLUME
VALUE
PE
RATIO
FRANKFURT
****BANKS****
75.3
107.4
101.8
63
31.6
91
30.5
75
94.95
140
95
59
157
130
63.5
67.5
82.5
48.4
23.2
69.35
19.38
37.75
76
99.9
75
41.5
105.1
66.2
ASIA UNITED
BDO UNIBANK
BANK PH ISLANDS
CHINABANK
EAST WEST BANK
METROBANK
PB BANK
PBCOM
PHIL NATL BANK
PSBANK
PHILTRUST
RCBC
SECURITY BANK
UNION BANK
71
105.7
94.55
48.65
26.5
85
19.4
37.55
83.45
100
52.9
153.9
70.6
158,280
5,025,760
932,990
78,800
92,100
2,080,030
46,200
7,300
9,550
6,110
0
207,220
93,040
27,880
11,246,403
527,006,946
88,579,576.50
3,830,550
2,440,620
175,880,687.50
895,766
274,365
793,381.50
611,002
0
10,954,502
14,373,108
1,960,960
14.06
16.99
18.22
13.63
14.56
10.60
6.38
6.40
17.10
8.20
69.85
13.39
18.52
5.02
4.2
2.3
19.6
2.9
49
1.01
890
1.55
392
1,700.00
1.9
1.94
13.5
1.73
16
0.175
711
1.17
276
1,281.00
426,000
31,000
524,100
37,000
300
772,000
10
50,000
3,880
190
1,401,470
65,720
7,127,656
66,900
13,695
475,180
8,000
58,500
1,125,816
294,500
32.90
11.16
20.89
21.11
236.28
-31.00
11.91
117.00
25.31
14.01
2.3
42.6
8.3
27.1
92
295
30
14.48
7.03
5.5
2.68
1.25
31.75
4.25
12.2
48.9
246
20.35
11.2
3.93
4.1
1.37
1.95
41.1
8.1
25.95
89.95
261
29
11.8
4.09
4.49
2.4
1,041,000
5,365,000
21,012,100
3,411,200
338,390
212,480
942,400
3,394,100
346,000
30,000
1,769,000
2,037,310
220,148,335
170,353,141
88,803,755
30,478,212.50
55,505,068
27,253,845
39,806,854
1,418,010
134,490
4,250,500
26.35
16.31
32.14
21.08
22.01
17.09
12.39
42.14
9.09
8.63
20.00
5.98
113
17.2
27.5
15.5
12.98
26.5
199.8
90
275
5.37
6.68
8.1
0.315
193.5
1.3
5.5
2.02
40.2
14.6
16.6
5.98
10.32
15.8
150.8
13.38
210
4
4.82
5
0.118
111.3
0.55
1.68
**** FOOD,
**** FOOD, BEVERAGE & TOBACCO
****
1.00
-0.22
AGRINURTURE
10.00
0.13
BOGO MEDELLIN
1.00
-0.0008
CENTURY FOOD
0.01
52.6
DEL MONTE
1.00
0.39
DNL INDUS
1.00
0.52
EMPERADOR
1.00
-3.97
GINEBRA
1.00
4.45
JOLLIBEE
1.00
0.63
MAXS GROUP
10.00
17.38
PUREFOODS
0.15
0.24
PEPSI COLA
1.00
0.22
RFM CORP
1.00
0.52
ROXAS HLDG
1.00
0.06
SWIFT FOODS
1.00
4.6
UNIV ROBINA
1.00
0.39
VITARICH
1.00
0.28
VICTORIAS
2.39
60
16
16.88
14.84
10.6
15.96
194.2
21.65
225
4.17
5
6.9
0.195
187
0.99
4.83
22,000
150
642,500
164,900
5,832,600
815,600
52,500
416,150
36,200
22,850
4,607,000
3,351,000
29,300
8,580,000
937,360
3,425,000
35,000
52,740
9,000
10,266,244
2,784,884
86,778,748
8,691,734
840,068
80,866,613
776,730
5,074,690
19,442,820
16,740,740
201,680
1,679,780
174,336,730
3,387,030
164,800
-10.86
461.54
-20000.00
0.32
38.05
20.38
-4.02
43.64
34.37
12.95
17.38
23.04
13.27
3.25
40.65
2.54
17.25
8.65
0.96
0.82
8.68
8
12.8
8.55
8.6
9.94
1.6
1.33
**** CONSTRUCTION,
INFRASTRUCTURE &INFRASTRUCTURE
ALLIED SERVICES ****
**** CONSTRUCTION,
& ALLIED
1.00
0.03
8.7
9
9
8.98
ASIABEST GROUP
0.35
1.38
1.86
1.89
2
1.89
SEACEM
0.02
-0.06
2.2
2.18
2.23
2.17
DAVINCI CAPITAL
EEI CORP
1.00
0.94
11.2
11.28
11.3
11.2
FED RESOURCES
1.00
-0.1
13.8
14.2
15
14.2
HOLCIM
1.00
0.71
14
14.02
14.02
14.02
LAFARGE REP
1.00
0.64
9.5
9.5
9.5
9.48
MEGAWIDE
1.00
1.13
8.7
8.7
8.74
8.7
PHINMA
10.00
0.86
10.32
10.3
10.5
10.3
TKC STEEL
1.00
-0.69
1.78
1.68
1.78
1.68
VULCAN INDL
1.00
0.1
1.55
1.53
1.53
1.5
1.21
2.8
15.8
56.8
0.82
9.4
0.98
6.49
9.82
21.5
0.0076
2.05
0.32
3.37
2.64
1.7
2.7
0.7
747
61.6
31.85
7.39
3.29
3.3
11.06
84
3.3
0.66
1,110.00
7.1
65
0.9
7.05
19.9
0.73
6.55
4
5.4
0.067
0.84
2.24
2.2
834.5
87
3.5
156
0.7
0.435
0.51
1.6
0.46
508
48.5
21.95
6.3
1.06
1.07
7.39
14.5
2.51
0.144
706
5.3
36.7
0.58
3.95
13.42
0.58
4.5
3.08
4.06
0.027
0.355
1.4
1.04
680
54.5
1.5
58.05
0.158
0.15
0.295
0.375
25.5
35.7
2.07
6.15
1.99
0.201
6.1
1.89
0.98
1.09
0.37
1.77
2.25
9.03
1.79
2.4
5.3
0.18
0.47
25.9
2.06
3.6
1.02
18.38
7.23
1.96
6.5
0.185
10.98
23.7
1
4.41
0.99
0.068
5
1.05
0.47
0.85
0.175
1.18
1.22
5.81
1.19
1.35
3.12
0.07
0.325
18.72
1.45
2.9
0.58
14.1
3.05
0.89
4.37
46
9.04
1.97
27
6.8
0.485
2,008.00
2.85
3,486.00
1,590.00
1.15
2,572.00
9
0.82
2.28
5.99
0.62
10
4.3
0.026
1.5
2
0.35
4.39
3.25
13.26
79.2
118.9
4.32
6.6
1.95
1.56
10
44.8
94.4
1.9
3
1.2
1.44
0.164
0.49
0.92
0.077
0.305
1.00
0.10
1.00
0.1
-0.0004
-0.003
11.98
0.87
10.14
0.59
1.00
0.50
0.79
0.1
28.5
15.82
0.017
18
8.28
0.012
16.8
4.2
4.57
12.34
19
15.74
10.98
14.7
14.5
2.5
2.17
2.5
4.55
10.00
10.00
10.00
10.00
10.00
20.00
10.00
100.00
40.00
10.00
10.00
10.00
10.00
10.00
5.05
6.22
5.19
3.57
1.82
8.02
3.04
5.87
4.88
12.19
1.71
3.95
8.31
14.07
71.95
103
95.65
48.5
26.8
82.45
19.4
37.6
83.25
100
95
53
152.5
69.25
72
103.2
95.6
48.5
26.5
82.8
19.4
37.6
83
100.1
53
152.6
70
72
105.7
95.6
48.7
26.5
85.15
19.4
37.6
83.5
100.1
53.2
154.8
70.6
70.1
103.2
94.55
48.5
26.4
82.8
19.38
37.55
83
100
52.7
152.6
70
2.4
60
15.86
17
15.2
10.8
16.02
196
21.7
222.2
4.17
4.93
6.9
0.2
189.4
1
4.71
2.4
60
16
17
15.2
10.8
16.02
196.5
21.7
225
4.3
5
6.9
0.203
189.4
1.01
4.83
2.39
60
15.68
16.88
14.84
10.6
15.96
193.2
21.25
222
4.15
4.82
6.88
0.193
185
0.98
4.7
1,400
2,544,000
144,000
45,900
25,000
3,700
564,300
12,300
5,100
11,000
1,899,000
12,598
4,892,870
314,110
516,324
370,950
51,874
5,357,049
107,164
52,730
18,580
2,865,940
345.38
1.41
-36.67
12.01
-144.23
19.75
14.88
7.72
11.98
-2.58
15.41
0.05
-0.01
1.6
2.9
2.82
0
20,000
0
56,840
32.00
-296.84
14.1
40
0.52
8.41
0.62
4.08
113,600
174,000
717,000
317,100
201,000
373,000
1,595,370
6,960,000
374,360
2,677,968
125,350
1,503,300
19.55
20.51
-1762.71
33.05
-4.43
21.47
2.2
2.39
4,757,000
10,758,930
18.38
1.65
0.495
706
51
24.05
7.1
2.7
2.7
7.9
15.26
3.23
0.42
1,050
6.2
62.45
0.62
6.66
13.36
0.64
5.62
3.36
4.98
0.052
0.7
1.56
1.31
772
74
2.75
124.5
0.425
0.275
0.395
1.65
0.51
710
51
24.3
7.15
2.78
2.7
7.9
15.32
3.23
0.43
1,074
6.33
62.45
0.63
6.66
13.58
0.67
5.8
3.36
5.02
0.052
0.7
1.56
1.34
778
74.8
2.75
124.6
0.435
0.28
0.395
1,000
101,000
249,540
924,490
13,881,200
31,600
55,000
5,000
3,681,700
5,253,400
72,000
3,370,000
262,655
1,300
2,500,970
181,000
1,327,400
701,700
16,050,000
224,300
2,000
13,623,000
15,950,000
145,000
37,000
255,000
217,280
78,560
10,000
9,790
6,720,000
4,640,000
900,000
1,650
51,010
176,939,180
47,482,288.50
336,930,370
225,925
151,480
13,500
29,294,522
80,395,906
235,470
1,462,100
281,669,405
8,216
156,268,287
112,280
8,903,846
9,526,350
10,891,300
1,276,504
6,720
68,347,775
843,100
102,020
57,780
335,450
168,661,755
5,829,063.50
27,500
1,219,519
2,899,100
1,299,100
355,700
-485.29
1.43
34.58
13.39
17.67
6.62
-219.24
-212.93
14.98
2.15
10.43
-430.00
21.71
6.41
42.23
-144.50
15.65
15.98
12.67
-575.51
-80.00
17.99
-1300.00
2.26
55.71
14.56
22.30
5.51
140.74
6.03
-117.57
-8.51
-1538.46
0.28
11.8
34.85
1.67
5.05
1.19
0.151
5.2
1.08
0.54
0.87
0.224
1.59
1.84
7.81
1.79
1.35
4.9
0.152
0.38
25.9
1.77
3.37
0.84
17.82
7.23
1.59
6.34
0.28
10.98
34.5
1.56
4.98
1.15
0.145
5.18
1.05
0.52
0.87
0.219
1.57
1.83
7.66
1.59
1.35
4.85
0.142
0.365
25
1.74
3.3
0.82
17.6
6.96
1.52
6.27
0.28
11.3
34.65
1.56
4.98
1.19
0.148
5.18
1.06
0.53
0.87
0.219
1.59
1.84
7.7
1.72
1.35
4.88
0.149
0.375
25.5
1.77
3.37
0.84
17.78
7.17
1.53
6.3
20,000
15,000
6,978,300
40,000
1,002,000
110,000
8,190,000
299,500
1,995,000
1,309,000
342,000
1,450,000
10,318,000
209,000
846,000
59,808,000
18,000
29,784,000
35,890,000
500,000
603,000
228,000
9,000
1,341,000
9,439,500
4,134,300
10,478,000
37,678,000
5,600
166,800
241,709,755
64,230
5,017,180
130,500
1,207,190
1,557,200
2,123,900
693,520
297,540
320,550
16,305,670
383,830
6,549,902
102,178,700
24,300
145,321,810
5,329,090
185,350
15,486,035
398,680
29,910
1,111,350
167,950,834
29,342,534
16,326,810
237,583,031
5.26
10.87
41.25
190.24
14.15
580.49
-7400.00
19.92
5.02
-18.28
41.43
14.60
9.94
54.12
14.81
5.38
6.75
15.84
4.97
31.25
23.39
7.70
32.72
30.00
30.34
38.55
170.00
10.62
45
7
0.72
44.6
6.9
0.72
45
6.9
0.72
75,400
24,900
275,000
3,385,065
173,169
198,000
16.74
20.12
18.00
1,690
2.39
2,996
26,405
120,000
99,000
44,541,740
276,910
296,586,560
45.07
-4.69
18.29
6.73
0.77
1.55
3.33
0.405
6
6,300
40,830,000
43,000
2,000
60,000
327,100
42,449
31,245,800
65,100
6,670
24,050
1,977,590
-6.73
-3850.00
23.13
-5.05
-0.46
28.49
2.55
11.56
71
112.1
2.33
3.71
1.49
2.64
11.56
71.15
113.9
2.35
3.9
1.49
175,000
800
2,904,950
850,690
398,000
131,000
106,000
453,160
9,248
207,837,448.50
96,612,067
931,450
497,770
158,350
-16.50
19.27
84.76
37.30
-16.79
-7.38
6.21
1.21
0.111
0.365
1.21
0.12
0.38
54,000
642,670,000
1,610,000
67,940
75,399,480
597,100
12.00
-300.00
-128.33
0.78
0.78
0
11,000
0
8,580
13.80
8.13
25
13.5
0.015
27
13.52
0.016
500
9,889,200
49,700,000
12,700
133,743,574
789,600
21.31
-109.03
-2.67
2.86
2.86
2.82
13.9
40
0.5
8.4
0.62
4
BANGKOK
2.25
2.25
2.4
1.65
0.51
709
51.9
24.5
7.2
2.7
2.87
7.96
15.26
3.15
0.43
1,069.00
6.32
62.95
0.63
6.75
13.38
0.65
5.9
3.25
5.03
0.053
0.7
1.67
1.35
778
74.4
2.76
124.1
0.445
0.285
0.395
1.65
0.51
707
51.9
24.65
7.15
2.75
2.7
8.05
15.5
3.29
0.445
1,069
6.33
62.55
0.64
6.7
13.38
0.65
5.8
3.36
5.04
0.053
0.71
1.57
1.34
774
74.5
2.75
124.5
0.445
0.29
0.41
1.65
0.51
710
52
24.7
7.15
2.78
2.7
8.05
15.58
3.3
0.445
1,080
6.33
63
0.64
6.82
13.66
0.7
5.8
3.36
5.06
0.054
0.71
1.57
1.34
780
74.8
2.75
125
0.445
0.295
0.41
0.28
11.02
35
1.6
4.99
1.19
0.149
5.2
1.06
0.54
0.9
0.225
1.57
1.84
7.78
1.59
1.38
4.85
0.145
0.365
25.1
1.77
3.35
0.8
17.6
7
1.51
6.35
0.28
11
34.55
1.67
4.99
1.15
0.151
5.2
1.06
0.54
0.87
0.223
1.57
1.84
7.81
1.59
1.35
4.86
0.143
0.37
25
1.75
3.37
0.82
17.6
7
1.55
6.3
2.69
0.34
0.04
45
6.89
0.74
45
6.9
0.72
1,650.00
2.35
2,996.00
1,670
2.34
2,994
1,690
2.39
3,002
1,664
2.27
2,984
TECHNOLOGY ****
6.75
0.77
1.5
3.34
0.4
6.04
6.75
0.78
1.55
3.34
0.405
6.15
6.73
0.75
1.5
3.33
0.4
6
1.26
0.113
0.385
1.26
0.122
0.395
0.78
0.78
27
13.5
0.015
25
13.6
0.015
27
13.6
0.016
0.26%
Phisix
7,217.34
(18.71)
SEOUL
ShANGhAI
0.27%
Composite
2,478.82
(-6.78)
0.78%
Kospi Index
1,945.14
(-15.37)
SINGAPORE
SYDNEY
0.32%
ST Index
3,315.67
(10.74)
0.21%
S&P
5,454.30
(11.60 )
TOKYO
TAIPEI
0.02%
W Index
8,982.88
(2.21)
0.56%
Nikkei
17,490.83
(98.04)
Top Gainers
STOCKS
PRICE %CHG
15.00
1.72
34.90
0.015
0.120
4.49
0.016
2.39
0.84
0.96
8.70%
8.18%
7.38%
7.14%
7.14%
6.90%
6.67%
6.22%
5.00%
4.35%
Top Losers
STOCKS
PRICE %CHG
JACKSTONES, INC.
PRIME MEDIA HOLDINGS, INC.
MANILA MINING CORPORATION B
COAL ASIA HOLDINGS INC.
MEGAWORLD CORPORATION WARRANTS
ATN HOLDINGS, INC. B
GREENERGY HOLDINGS INCORPORATED
THE PHILODRILL CORPORATION
BDO LEASING & FINANCE, INC.
ASIAN TERMINALS, INC.
3.33
1.56
0.015
1.05
13.31
2.70
0.52
0.022
2.12
11.56
-16.33%
-6.59%
-6.25%
-6.25%
-5.97%
-5.92%
-5.45%
-4.35%
-4.07%
-3.51%
Most Active
STOCKS
VOLUME VALUE
5,025,760
13,881,200
99,000
262,655
3,570,010
6,978,300
37,678,000
5,365,000
2,904,950
249,540
527,006,946.00
336,930,370.00
296,586,560.00
281,669,405.00
246,320,787.00
241,709,755.00
237,583,031.00
220,148,335.00
207,837,448.50
176,939,180.00
Dividends
SERVICES ****
2.64
11.56
74
113.9
2.4
3.95
1.5
MANILA
0.11%
KLCI
1,813.79
(-2.02)
0.28%
Hang Seng
24,087.38
(67.44)
KUALA LUMPUR
hONG KONG
0.08%
Set Index
1,575.88
(-1.33)
0.35%
CAC40
4,202.46
(14.51)
Asia-Pacific
PARIS
0.10%
Dow Jones
17,634.74
(-18.05)
0.29%
FTSE
6,654.37
(18.92)
NEW YORK
SERVICES ****
8.98
1.94
2.2
11.3
15
14.02
9.49
8.72
10.3
1.78
1.53
LONDON
0.05%
DAX
9,252.94
(4.43)
SYM
EDC
CPG
MWIDE
PX
REG
REG
OV
PFP
TYPE
VALUE
Cash
R0.10
Stock 0.2065 PS or 20.65%
Stock
45.50%
Cash
0.03
Cash
R0.10
Cash
R0.15 PS
Cash
R0.00050
Cash Pref.at R20.00 PS
EX-DIV
DATE
Oct 15, 2014
Oct 22, 2014
Oct 17, 2014
Nov 07, 2014
Nov 04, 2014
Nov 04, 2014
Nov 07, 2014
Nov 14, 2014
RECORD
DATE
Oct 20, 2014
Oct 27, 2014
Oct 22, 2014
Nov 12, 2014
Nov 7, 2014
Nov 7, 2014
Nov 12, 2014
Nov 19, 2014
DATE
PAYABLE
Nov 13, 2014
Nov 14, 2014
Nov 17, 2014
Nov 28, 2014
Dec 1, 2014
Dec 1, 2014
Dec 1, 2014
Dec 3, 2014
Black
ymv
Business News
PAR
VALUE
STOCKS
2012
EPS
14.54
5.82
10.94
1.42
0.265
0.26
7.78
PACIFIC ONLINE
LEISURE AND RES
MELCO CROWN
MANILA JOCKEY
PRMIERE HORIZON
PREMIUM LEISURE
TRAVELLERS
4.05
48.5
74
105.5
8.49
3
31.45
48
81
7.59
1.00
1.00
1.00
1.00
1.00
0.31
1.43
3.79
1.49
0
1.09
1.04
0.59
0.36
-0.008
-0.1
19
0.0098
17.24
12.7
1.73
1.2
10.98
0.46
0.455
0.475
0.023
0.026
8.2
3.35
48.85
1.03
3.06
12.88
420
0.016
9.43
0.0028
11.48
6.2
0.76
0.5
4.93
0.395
0.26
0.27
0.012
0.014
2.53
1.47
14.22
0.22
1.24
7.87
115.9
0.0087
INING
ATOK
ABRA MINING
ATLAS MINING
BENGUET A
COAL ASIA HLDG
CENTURY PEAK
DIZON MINES
GEOGRACE
LEPANTO A
LEPANTO B
MANILA MINING A
MANILA MINING B
MARCVENTURES
NIHAO
NICKEL ASIA
OMICO CORP
ORNTL PENINSULA
PX MINING
SEMIRARA MINING
UNITED PARAGON
1.00
-0.13
0.01 -0.00005
8.00
0.92
3.00
0.04
1.00
-0.02
1.00
-0.008
1.00
-0.1
1.00
0.0001
0.10
0.08
0.10
0.08
0.01 -0.00006
0.01 -0.00006
1.00
0.58
1.00
-0.45
0.50
0.82
1.00
-0.02
1.00
0.31
1.00
0.07
1.00
21.11
0.01
-0.0003
0.33
0.02
0.021
0.04
7.67
10.42
9
0.225
0.014
0.015
0.025
5.4
6.3
3.95
0.25
0.01
0.01
0.01
1.00
1.00
1.00
0.009
0.002
0.002
0.002
0.008
-0.06
0
46.1
540
515
9.04
1.3
0
77.25
78.95
81.85
26.3
490
500
6.22
0.99
0
74.2
74.5
75
PREFERRED
ABS HLDG PDR
AC PREF B1
AC PREF B2
GMA HLDG PDR
LR PREF
PCOR PREF 2B
SMC PREF 2A
SMC PREF 2B
SMC PREF 2C
0.00
100.00
100.00
0.00
1.00
1.00
5.00
5.00
5.00
0
0
0
0
0
0
0
0
0
6.75
4.45
0.001
1.21
WARRANTS
LR WARRANT
MEG WARRANT
10.96
15
64.95
2.4
3.5
8
SMALL
DOUBLEDRAGON
MAKATI FINANCE
IRIPPLE
0.10
1.00
1.00
119.6
94
EXCHANGE
FIRST METRO ETF
100.00
1.00
1.00
1.00
1.00
0.25
0.25
0.10
1.14
0.29
-0.74
2.22
0.002
0.001
0
PREV
CLOSE
OPEN
HIGH
LOW
CLOSE
VOLUME
16
11.66
13.8
1.99
0.63
2.12
8.21
15.9
11.78
13.98
2.04
0.62
2.13
8.35
16.12
11.84
14.16
2.06
0.65
2.16
8.35
15.9
11.66
13.86
2.04
0.62
2.08
8.1
15.9
11.68
13.88
2.05
0.64
2.1
8.1
700
1,919,500
2,902,100
220,000
5,257,000
57,912,000
7,409,000
11,174
22,558,936
40,394,542
451,230
3,353,000
122,387,900
60,723,440
13.93
40.94
-18.76
0.92
278.26
1875.00
26.13
3.13
35.05
67.8
87
7.95
3.2
35.15
69.5
87
8.12
427,000
2,823,400
3,570,010
30
13,558,800
1,349,270
99,435,965
246,320,787
2,610
109,573,869
10.00
24.58
18.34
58.39
0.00
0.83
0.63
0.81
0.61
0.82
0.63
1,270,000
1,212,000
1,042,650
753,280
-97.40
-6.01
12
0.0088
11.76
8.78
1.13
0.96
6.95
0.415
0.27
0.28
0.015
0.015
5.8
2.5
42.5
0.66
1.95
8.85
124
0.012
10.84
0.0085
11.7
8.02
1.04
0.92
6.9
0.4
0.265
0.275
0.015
0.015
5.56
2.42
40.8
0.64
1.9
8.76
119
0.012
12
0.0087
11.74
8.78
1.05
0.96
6.9
0.41
0.27
0.275
0.015
0.015
5.75
2.42
41.4
0.66
1.93
8.79
123.6
0.012
1,600
968,000,000
126,200
6,900
4,539,000
430,000
2,900
40,000
4,950,000
400,000
47,200,000
100,000
3,576,300
420,000
1,906,600
93,000
348,000
208,100
1,429,170
4,100,000
18,492
8,297,300
1,478,930
59,632
4,806,820
402,110
20,150
16,300
1,334,050
110,150
708,000
1,500
20,345,950
1,024,750
79,239,300
61,340
666,980
1,827,954
174,700,839
49,200
-89.89
-167.31
12.73
219.50
-52.50
-123.08
-69.00
-42.63
3.39
3.45
-250.00
-250.00
9.91
-5.39
50.49
-28.06
6.19
127.39
5.86
-40.00
0.32
0.015
0.016
0.023
6.66
6.52
4
0.305
0.015
0.016
0.022
6.64
6.38
3.95
0.305
0.015
0.016
0.022
6.65
6.41
3.97
15,020,000
9,300,000
2,100,000
106,200,000
21,100
31,100
415,000
4,692,400
139,500
33,600
2,441,600
140,304
200,399
1,645,370
33.89
7.40
7.89
13.75
19.40
-110.52
0.00
45.4
499
503
6.5
1.02
1,020
76.5
78.5
78.4
45.45
499
503
6.5
1.03
1,020
76.85
78.5
79
99,300
300
570
300
1,200,000
1,990
247,160
50,000
13,750
4,511,635
149,700
286,910
1,950
1,235,990
2,029,800
18,953,886.50
3,925,000
1,085,620
0.00
0.00
0.00
-0.17
0.00
0.00
0.00
0.00
0.00
6.41
3.31
9,509,700
5,000
62,260,219
17,280
0.00
0.00
7.65
5.2
34.9
637,900
5,000
15,400
4,918,570
26,000
540,655
144.61
43.33
193.89
2,140
249,408
0.00
3.2
36
67.85
87
8
3.15
36
67.9
87
7.99
3.21
36
70
87
8.15
0.83
0.62
10.86
0.0086
11.76
8.65
1.13
0.92
6.95
0.405
0.265
0.28
0.015
0.015
5.73
2.49
42
0.64
1.95
8.8
120
0.012
0.31
0.015
0.016
0.023
6.66
6.38
4
45.5
499
503.5
6.5
1.03
1,020
76.5
78.5
78.4
45.6
499
503.5
6.5
1.03
1,020
76.85
78.5
79
0
0
6.25
3.52
6.3
3.85
6.75
3.85
6.26
3.31
7.77
5
32.5
7.75
5.2
32.55
7.8
5.2
35.6
7.65
5.2
32.55
ABC
ACPA
By MADELAINE B. MIRAFLOR
****E X C H A N G E T R A D E D F U N D S ****
High
Low
116.6
7,221.33
4,247.85
7,195.56
4,238.34
116.7
116.9
116.3
7,217.34
4,245.96
0.96
(0.18)
(0.18)
0
0.49
0.79
16.32
(20.57)
(11.56)
(0.08)
10.38
119.77
0.26
0.21
18.71
8.9
12,605,726
78,765,881
92,423,697
223,047,168
859,703,678
1,171,019,000
658,366
2,140
116.8
Value
nO. OF ADVAnCES: 86
992,061,397.75 nO. OF DECLInES: 90
1,092,961,317.50 nO. OF UnCHAngED: 37
1,586,823,445.78 nO. OF TRADED ISSUES: 213
997,852,409.37
1,672,047,300.66
304,481,157.29 FOREIGN BUYING
R3,397,188,317.38
5,487,370.00
249,408.00 FOREIGN SELLING
R3,284,212,576.43
2,438,225,656
6,651,963,806.34
PE
RATIO
VALUE
B-7
ASIATRUST
CHEMREZ
ASIA
COAT
gOTESCO LAnD A
gO
gOTESCO LAnD B gOB
METROALLIAnCE A MAH
METROALLIAnCE B MAHB
METRO gLOBAL
MgH
PICOP RES
PCP
PHILCOMSAT
PHC
PRIMETOWn PROP PMT
PnCC PnC
gLOBALPORT
PRYCE CORP
PTT CORP
SMC PREF 1
STEnIEL
UnIWIDE HLDg
PORT
PPC
PTT
SMCP1
STn
UW
November 12.
Roberto Juanchito Dispo,
president of First Metro Investments Corp. (FMIC), one of the
underwriters for the initial public
offering (IPO), said the market
debut of Pro-Friends may just
take place in January.
The official listing at the PSE
may just occur in] January but the
offer period may be in December.
So Pro-Friends will also be the
first company to list next year,
Dispo said.
Until now, the company is still
waiting for the approval of the Securities and Exchange Commission (SEC) to be able to proceed
with the share sale. (MBM)
Black
ymv
Business News
B-8
RESORTS WORLD MANILA TOPS OUT MARRIOTT HOTEL MANILA ANNEX Resorts World Manila (RWM) and Marriott Hotel
Manila recently held a topping out ceremony of the hotels West Wing due to open by December of 2015. The development
of the annex is part of RWMs phase 2 expansion project designed to maximize the integrated resorts sprawling
property with a state-of-the-art grand ballroom set to open by first quarter of 2015. Marriott West Wing is expected to
house an additional 228 rooms, ramping up Marriotts total room count to 570 by the time the project finishes. The West
Wing will also be home to a new Chinese restaurant, lounge, and exclusive health club for the five-star international
hotel brand. Present during the Marriott Hotel Manila West Wing topping out ceremony were (from left to right): Marc
Creencia, Director for Engineering, Marriott Hotel Manila; Patricia May Siy, Chief Corporate Planning Officer, RWM; Scott
Sibley, Chief Hotel Operations Officer, RWM; Bruce Winton, General Manager, Marriot Hotel Manila; Manuel Sy, General
Contractor, New Golden City Builders and Development Corporation; Stephen Reilly, Chief Operating Officer, RWM; and
Bernard Than, Chief Financial Officer, RWM.
By JAMES A. LOYOLA
is at 1,226.
Company expenses for the third
quarter of 2014 remain in check with
promotional allowances at P784.8
million or at 10.9 percent of the gross
gaming revenue. Direct cost is at P1.9
billion, and general and administrative
expenses at P2.9 billion.
Earnings before interest, taxes, depreciation, and amortization (EBITDA)
for the third quarter of 2014 reached
P2.8 billion or 41.6 percent higher compared to the P2.0 billion reported in the
same period last year.
EBITDA for the first nine months
is at P7.49 billion or 15.1 percent higher
compared to the P6.5 billion reported
in the same period last year. Travellers
remains on net cash position at P4.8
billion as of September 30, 2014.
In September, Travellers announced
the infusion of P4.0 billion in paid-in
capital to Resorts World Bayshore City,
Inc. (RWBCI) following the completion
of subscription to 95 percent of RWBCIs
shareholdings.
RWBCI will own and operate Bayshore City Resorts World, the companys integrated resort complex at
Entertainment City.
Black
ymv
PLACE
LIKE
NO
OTHER
IN
THE
WORLD
Where to stay in
etro
anila
527-0011
633-7222
Edsa Shangri-La
633-8888
Mandarin Oriental
Manila
Makati
Shangri-La
Marriott
Hotel Manila
633-7111
750-8888
811- 6888
811- 6777
771-7777
Abra Valley
Grand Hotel
Bayfront Hotel
Zambales
(052) 480-8334 to 35
_____________________________________________________________________________________________
Pearanda St.,Legazpi City 4500 Philippines Tel No.(052)480-8334 to 35 Fax No.(052)480-8338 e-mail: info@casablancahotel.ph / http://www.casablancahotel.ph
Ananyana Beach
Resort
Panglao Island
Be Resorts
Mactan Island
Bellavista Hotel
Mactan, Cebu
Bohol Beach Club
Bohol
ALM NT
Blue Velvet
Hotel and Caf
BlueVelvet Hotel and Caf
Davao City
Bonhomie Leisure and Resort
Davao Oriental
PENSION HOUSE
Azucena
Casa
Casa Azucena
Great Eastern
Hotel-Makati
(632)
318-0788
Hotel Stotsenberg
Pampanga
Macagang Hotel & Resort
Nabua, Camarines Sur
Venus Parkview
Resort Hotel Baguio City
Garden
Plaza Hotel
637-7888
551-5555
Discovery
Suites
Great Eastern
Hotel
Fersal Hotel
Malakas, Diliman
Greenhills lan
Hotel Modern
Makati Palace
Hotel
771-8181
854-8888
Hotel
Rembrandt
Hotel Kimberly
Manila
Lancaster Hotels
Lido De Paris Hotel
Sta. Cruz
Lotus Garden
Hotel
526-1555
719-8888
371-8282
(045)
499-0777
(054)
288-3091
(074)
442-5597
442-6452
El Masfino
Resort and Hotel
San Rafael Bulacan
Elegant Star Apartelle
Tagaytay City
(074)
752-8933
(048)
433-0123
(054)
473-9999
(047)
252-1948
Eurotel
Baguio City
Eurotel
Naga City
Camsur
Farmhouse Hotel & Cafe
San Jose City, Nueva Ecija
Naga City
(02)
908-1111
(02) 750-2507
889-7827
(074)442-6679
(074)
619-0158
(02) 945-7777
Filipiniana Hotel
Or. Mindoro
Go Hotels
Puerto Princesa
(047)
252-8000
(632)
521-7878
Fax: 664-6169
Hotel Gregorio
Batangas
(054) 472-0318
(02) 359-7007
Hotel
Gregorio
Batangas
(052)
480-8334
480-8335
Hotel Kimberly
Tagaytay
Hotel La Corona
De Lipa Batangas
(044)
411-0834
09237194074
09204599148
(048) 434-1702
433-3877
09052823129
(032)
401-3303
to 05
(032)
520-5000
505-2111
0917 3205 005
Go Hotels Bacolod
(032)
496-7399
(038)
502-8101
(6332)
236-8888
(032)
340-7821
(038)
411-5222
(038)
411-3798
411-3179
(038)
411-3510
(035)
422-8000
225-2000
422 8011
09176339575
Hotel Cesario
Mactan, Cebu
(032)
233-1811
(033)
335-0166
09173251292
09399155123
(035)422-9820
Hotel De Mercedes
Cebu City
TelNo.:(033)335.1171to74FaxNo.:(033)337.0736
Hotel Essencia
Dumaguete City
(038)
502-9092
(082)
221-0888
(082)
221-6431to 40
221-2281
(088)
221-3224
09177229850
D'Counter Executive
Davao City
D'leonor Hotel
J. P Laurel
Avenue, Davao City
D'leonor Inland Resort
Buhangin,
Davao City
655-6238
(085)
342-7414
(63 82)
227-5232
226-3756
(083)
554-2654
826-1074
826-1070
(082)
553-3314
553-3411
0999 993 9060
(+6382)
225-8114
(085)
342-7462
225-9431
(082)
284-6689
227-4119
(088)
387-0131
09177212798
(085)
342-3064
345-5864
(064)
200-3698
200-4734
(082) 234-1399
234-1339 Fax:
(082) 234-8459
09199101281
(082)
304-650
Fa x ( 0 8 2 )
300-6327
(082)
300-2000
300-8800
305-2888
09331123067
(082)
284-1847
(043)
757-3178
Hotel Ivory
Tuguegarao City
481-0788
481-0789
(032)
422-8833
422-3388
Eurotel
Angeles City
Angeles City
Dmorvie Suites
Yacapin Branch Cagayan De Oro City
Dmorvie Suites
Capistrano Branch Cagayan De Oro City
Dmorvie Suites
Lapasan Branch Cagayan De Oro City
Dmorvie Suites
C.M. Recto Davao City
Dmorvie Suites
San Pedro Extension, Davao City
Dmorvie Suites Iligan Branch
Iligan City
ct
ma Vi orias In
n
Em
El Bajada Hotel
Bajada, Davao City
Embassy
Hotel and Restaurant
Butuan City
Executive Hotel
Ozamis City
Executive Pension
Cagayan de Oro City
(088)
387 2103
09197257402
09399168034
09129496400
(082)
Family Country Hotel
295-9155
Convention Centre
282-4822
FCH
General Santos City
282-4771
(082)
Florotel Gensan
Duka Bay Resort
226-2335
Medina, Misamis Oriental
General Santos City
(088) 857-5488
09189425442
09198239094
(088)
Frances Inn
856-3402
Ecoland, Davao City
09236593973
(088)
Gingoog Mountain Air Hotel
855-2108
& Eastland Restaurant
855-5941
Gingoog City
to 42
(082)
Goat 2 Geder
Hotel & Eastland Restaurant
234-3472 Gingoog Mountain Air
Hotel and Restaurant
Gingoog City
305-8998
(088) 861-1359
Butuan City
8842-7999
235-2516
(083) 552-7337
Grand Men Seng
301-6096
Hotel
303-1588
Davao City
0923 2327 120
GOA
(064)
421 6170
421 5118
858-3004
858-3006
DER
Greenstate Suites
Koronadal City
Hannie's Inn
Davao City
Royal Bellagio
Hotel
Sir William`s
Hotel
Stone House
Bed & Breakfast
638-7777
526-8088
Copacabana
Apartment Hotel
400-0088
Aloha Hotel
813-8888
Manila Manor
Hotel
+632
588-6688
354-4151
526-1212
Citystate
Tower Hotel
988-9999
(02)
312-9999
Manila Pavilion
Hotel
B Hotel
Muntinlupa City
City Garden
Hotel Makati
City Garden Suites
(632)
928-9888
908-7888
The Pearl
Manila Hotel
The Richmonde
Hotel
528-8888
238-8888
Holiday Inn
Manila Galleria
Ortigas Center
Ramada
Manila Central
Binondo
720-2000
Dusit Thani
Manila
F1 Hotel
Global City Taguig
Timog, Q.C.
828-8181
828-8585
828-8383
899-1111
536-1451
708-9600
to 09
Armada
Hotel Manila
Malate, Manila
851-8888
Azotea Suites
Bel Air Makati
426-7308
522-4835
898-2888
Broadway Court
Apartelle
744-7979
899-0344
373-3333
521-1888
532-1818
(02) 708-8888
to 91
498-8888 to 91
L uzon
Eurotel
Pedro Gil
522-1515
Hotel Luna
Vigan City, Ilocos Sur
(02)
576-6463/9526
(045) 599-5000
HotelSup reme
Baguio
(074)
424-2620
( 0 2 ) 54 2 - 9 5 3 7
542-9150
924-2443
924-2456
(046)
483-0491
0916 2209934
0928 6844186
355 - 0000
(045)
624 - 0229
355-0000
(074)
444-3876
355-0000
(044)
806-1167
09175367250
(043)
286-2624
(048)
4340001-03
(045)
304-1015
892-8555
(048)
434-4338
434-4339
(043)
757-3178
(078)
844-1275
846-1722
(046)
483-8888
(043)
756-1223
Moonbay Marina
Villas Zambales
MAGALLANESSQUAREHOTEL,INC.
MagallanesSquareComplex
MagallanesDrive,TagaytayCity
Tel.No:0465440062
FaxNo:0464133918
EmailAdd:magallanessquarehotel@yahoo.com
SunNo:09228043129/09228043125
GlobeNo:09175047820
(078)
844-1390
846-2565
Mountain Lodge
Hotel & Restaurant Baguio City
(035)
522-1100
or 02
Kapis Mansions
Roxas City
Kings Hotel
Bacolod City
(033)
335-0375
335-0249
335-0486
(053)
5230391-93
+63 32
239-0000
+63 32
239-0619
(033)
320-5252
320-5353
(034)
708-5888
432-0888
(034)
432-1888
to 89
(033)
337-2384
Movenpick Hotel
Mactan Island , Cebu
MVW
Restaurant & Tourist Inn
Roxas, Capiz
Rm Guest House
Dumaguete City
(035)
225-1181
422-3184
09228393435
(032)
340-0211
(032)
253-1105
(033)335-1171
to 74
337-0736
(035)
422 1137
09177007735
09088202123
O Hotel
Bacolod City
Pension Bacolod
Bacolod City
Plantation Bay
Mactan, Cebu
M indanao
(033)
335-1801
to 04
(083)
228 8998
228 7160
(082)
226-2045
221-8651
Radisson Blu
Hotel & Resort
Cebu City
Hotel Angelo
and Restaurant
Midsayap, Cotabato
(082)
221-1160
(082)
302-6158
302-6152
(088)
856-9080
(082)
852-2015
(082)
856-7197
Hotel De Crisbelle
Davao Del Sur
Hotel De Susana & Restaurant
Valencia City, Bukidnon
Hotel Elena
Davao City
Hotel Esse
Davao City
(082)
221-0075
09425918521
(082)
285-3756
(063)
223-3255
(081)
221-0819
(088)
331-2288
0917-483268
(083)
553-0088
09179089731
(084) 655-6115
0929-979-4919
Fax: (084)
655 6114
(085)
342-5883
225-9560
(082)
297-5523
(082)
297-7692
321-1042
09189003792
(088)
521-0360
09177220360
(088)
856-4360
09177004360
(083)
552-8895
to 97
301-0774
(083)
554-0880
(082)
295-6463
301-8549
(088)
861-1359
8842-7999
(085)
341-7871
341-1657
(082)
221-9040
(083)
228-5409
520-1816
(082)
297-3315 to17
297-3485
Hotel Uno
Davao City
H
TAVERN
Eurotel
Makati
Fersal Hotel
Annapolis, Cubao
521-2371
Fersal Hotel
Kalayaan, Diliman
899-5555
Fersal Hotel
Manila
371-4333
Fersal Hotel
P. Tuazon Cubao
Fersal Hotel
Makati
Go Hotels
Mandaluyong
724-7551
924-5051
844-8811
(632)
410-4111
410-8658
410-6981
(02)
899-2424
Hostel 1632
355-0000
844-8645
+63(2)812-7477
912-5852
912-2691
Paragon Tower
Hotel Manila
924-2689
912-2691
742-7292
912-2691
Riviera Mansion
Malate, Manila
912-8000
912-2691
897-9123
912-2691
Robbinsdale Hotel
0922-4646835
+63 (2)
354-1053
Sogo Regency
Hotel, Manila
(632)
909-0888
Southhomes Apartelle
Timog-Q.C.
522-8888
St Giles Hotel
Makati City
(02)
829-1925
826-9610
526-5541
to
526-5547
555-9888
523-4511
716-1262
523-8110
(632)
945-8888
522-7646
928-4647
410-4461
988-9888
988-9883
238-6100
The Bayleaf
Intramuros, Manila
(632)
318-5000
(63 2) 403-0888
403-0808
Fax No. 403-0854
403-7572
Hotel Celeste
Makati City
Hotel H20
Luneta, Manila
Icon Hotel
North Edsa
415-9385
The Contemporary
Hotel
716-8266
927-8888
524-8601
to 05
526 0888
338-0983
898-3695
Apartelle
San Juan City
722-7411
726-2931
(02)
921-2706
to 08
Apartelle
Mandaluyong City
Luxent Hotel
(02)
570-7777
355-0000
806-7646
355-0000
995-8452
355-0000
376-7096
355-0000
523-5256
+63 2
373-3333
376-5059
Matabungkay
Beach Hotel Batangas
(074)
443-2016
Nagaland Hotel
Naga City, Camarines Sur
(074)
446-0700
887-8080
Be central
531-0173
to
531-0177
Tune Hotel
Aseana City
(02)
922-8888
Tune Hotel
Ermita
(632)
708-9888
Tune Hotel
Makati City
(632)
817-0888
Tune Hotel
Ortigas City
(632)
656-0888
Tune Hotel
Quezon City
(632)
426-0567
Y2 Residence Hotel
(02)
224-3000
854-7549
to 50
(02)
7528552
09088870596
(077)
770-4898
(632)
781-3632
(046) 413-2456
544-0050
0926 6977948
09174091514
(054)
228-0018
(054)
066-3239
(054)
477-7644
228-0008
(046)
544-0062
(047) 252-9718
252-1663
250-2099
252-8518
(074)
442-4544
THEEXQUISITEHOTELANDBUSINESSMANAGEMENTGROUPCORP.
Bldg.675CanalRoad,SubicBayFreeportZone,2222Philippines
TelephoneNumber:(047)2521888or09178363942Facsimile:(047)2528404Email:customer_service@subicbayveneziahotel.com
(054)
473-2111
09177000040
(048)
433-9999
433-0455
(632)
4702306-08
Fax: 4702314
(632)
726-6712
726-6713
(632)
926-8985
421-1398
(049)
502-8123 to 27
(02)3105603
to 04
(048)723-1356 to 59
09989753768
(02)744-7979 to 82
0917-8739974
(074) 611-0202
(02)376-5059
09175267049
(054) 472-257
4228-065 7
09258020706
828-4774
(02)
332-1658
to 60
(632)
866-0888
726-2911
726-2916
(02)372-0311
(074)
442-4028
(077)
770-5996
(02)246-1010
(046)
489-8581
489-8582
(045)
611-2053 to
611-2055
SKYLIGHTHO TEL
Puerto Princesa
Palawan
Skyrise Hotel
Apartelle & Restaurant
Baguio City
Tam-awan Village
Baguio City
Terrace Hotel
Subic Bay
(042)
373-7171 to 73
373-4889
Fax: 373-7604
373-6218
(047)
252-9996 to
252-9998
(048)
434-7172
to 76
(074)
445-6834 to
445-6836
(075)
523-4888
515-2276
523-4111
Tune Hotel
Angeles City
(054)
472-6892
(047)
252-1888
(047)
252-2222
(047)
250-2630
250-7274
Vista Marina
Hotel & Resort
Zambales
(6348) 434-2334
(632) 242-6638
loc. 175
(02)783-8355
788-8350
(074)
446-5400 to 01
(632) 917-8225
(6346) 413-1000
(63)9178091254
(074)
446-2949
442-5551
(047)
250-2730
to 32
(054)
472-2328 or 26
09052019225
09493617784
(02)584-4470
(046)
413-4680 to 81
(047)
252-5000
(6345)
599-7000
(632) 584-4047
584-4007
(054)
205-0051
(045)
459-0888
(054)
473-6530
(047)
252-3373
(02) 844-5777
(047) 252-5211
(047)
222-8541
09178447327
(032)
412-3337
isayas
+63(34)
441-0506
+63(932)
852-9362
525-9065
899-7888
798-0798
Hotel Tavern
Surigao City
Ice Castle
Experience Hotel
General Santos City
Infinity Suites
Bo. Obrero, Davao City
Innside Room Hotel
Tagum City,
Davao Del Norte
Isla Jardin Del Mar
Gumasa,
Sarangani Province
Iyle Londoners Inn
Province of Davao Oriental
Jade Dragon's Suites
Aurora Jacinto Street,
Davao City
Jovinaj
Traveler's Inn
General Santos City
Jazzy James Country Hotel
Davao City
Jienos Garden Beach Resort
Pantukan, Compostela
Valley
Magnaga Waters
Beach Resort
Compostela Valley
Mallberry Suites
Business Hotel
Cagayan de Oro
Marco Hotel
Cagayan De Oro City
Mergrande Ocean Resort
Davao City
Microtel Inn and
Suites Davao
Davao City
Molave Hotel
Tagum City
My Hotel
Davao City
Maxze Bed & Breakfast
Davao City
(033)
336-6888
(0928)
985-0999
(033)
330-7100
(036)
621-7718
(034)
434-4500
(036)
621-6255
0917-3121-720
0998-9753-612
(032)
233-5695
(035)
422-8200
(032)
231-3681
(082)
224-1390
224-1391
(083)
303-5314
0923717 0389
(082)
227-0788
305-1847
(0929)
969-0806
(084)2166379
(0917)7191956
(0923)2802018
(088)
855-7999
855-5959
09177027002
(+63-82)
298-4100
(+63-82)
298-4101
(082)
233-2333
(084)
655-6938
655-6939
655-9379
(082)
300-4040
222-2021
(082)
233 0071
09998863306
Boracay
Beach Club
BoracayRegencyBeach
Boracay
Island
(036)2886111/2886777
BoracayHills Hills
Boracay
(036)2883315
Boracay
(036)2883764
Island
Boracay Mandarin
Island Hotel
RedCoconut
Malay,
Aklan
BeachResort
TheBoracayBeachResort
Boracay Tropics
Boracay Island
WillysBeachClubHotel
Villas
Cohiba
Boracay Island
(036)2883208
(036)2884288
(036)2883794to97
http://www.cohibavillas.com
sales@cohibaboracay.com
cohiba.villas-boracay
skype:
Tel. Fax: +63 36 288 4792
Mobile No.:+63 9177230649
RegencyLagoonResort
(036)2882828
New Dawn
Pensionne
Le Reve Resort
North Cotabato
Marex Beach Resort
Island Garden City Of Samal
(082)
553-5473
553-5970
(087)
388-4615
09267921478
(088)
828 4482
09156189085
(036) 288-3507
Boracay(036)
Ocean
288-3758 Bay Resort
Boracay Island
(064) 229-9436
521-4090
09461911409
09205555049
(083)
893 0032
09197687544
09067652174
BeachHotel
(084)
216 4553
09228625339
Red Coconut
(064)
229 8550
229 6018
0917721 2813
(082)
285-0001
285-0002
285-0005
(032)
402-9900
(083)
554-4423
826-9026
(63)32
505-9800
(086)
826-3280
(0922)
849-6443
BoracayGardenResort
(036)2886633
Boracay
Island
ResortandConventionCenter
433-3377
(034)
434-7065
(083)
301-1818
09228217332
(088 )
852-0383
(02) 401-9285
(082)
282-1111
09255111011
(036)
621-2956
621-1216
(035)
422-4000
(034)
433-7401
708-8889
(082)
227-3773
295-3485
09227152573
+63 32
492-7777
+63 02
799-1111
(082)
233-1941
Boracay
(632) 417-5751
(6332)
492-0100
Marianne Suites
A. Luna Streets,
Cagayan De Oro City
JulioPacanaSt.Licoan,CagayandeOroCity
Mis.Or.Philippines
New Estrella
Townhouse
Cagayan De Oro City
Orchard Hotel
Bajada, Davao City
Tel.#(08822)745126/(088)8521441
Pearl Suites
Davao City
Pearlmont Inn
Cagayan de Oro City
Ponce Suites Hotel
Bajada, Davao City
Pryce Plaza Hotel
Cagayan De Oro City
Precious Garden Of Samal
www.precious-garden-samal.com
PTCHostel
Agusan Del Sur
Rhapsody Suites
Cagayan De Oro City
Roadhaus Hotel
Dadiangas City Heights,
General Santos City
Secret Cove Beach Resort
Camiguin Island
Sequoia Inn
Davao City
Seda Abreeza
Davao City
Sonreir Apartelle
Calinan, Davao City
09175886873
(632) 771-8181
(6338)
422-2222
422-2202
(032)
344-1322
(032)
232-0888
(034)
729-3835
09273032166
(036)
288-9888
(036)
288-4853
(036)
288-5729
(036)
288-3315
288-3764
(036)
288-3444
(02)567-1672
(036)
288-1759
(02)
887-0581
812-5821
(036)2883457
(036)2885190
(036)288372830
(02)634358183
(036)2885222
BoracayGardenResort
Lingganay
Boracay
Hotel
(036)2886633
Resort
Malay, Aklan
Nigi-Nigi
Too
Beach Resort
BoracayRegencyBeach
Boracay Island
BoracayGardenResort
ResortandConventionCenter
(036)2886633
One
Boracay Resort
OneMGMBoracayResort
MGM
(036)2886111/2886777
andConventionCenter
and Convention Center
Boracay Island
ResortandConventionCenter
BoracayRegencyBeach
Marzon
Hotel
(036)2886111/2886777
BoracayHills
Aklan
TonglenBeachResort
Kalibo,
(036)2883315
(036)
288-1601
Eurotel
Boracay Island
Boracay Island
(036)2883764
Marzon
Beach
Resort
BoracayHills
(036)2883315
Malay,
Aklan
(036)2883764
Red
Coconut
Beach
Red Coconut
RedCoconut
Resort
BoracayGardenResort
Boracay
Island
Red CoconutBeachHotel RedCoconut
BeachResort
(036) 288-3507
BeachHotel
BeachResort
288-3758
Sea(036)
Wind
Boracay
TheBoracayBeachResort
(036)2886633
BoracayRegencyBeach
(036) 288-3507
ResortandConventionCenter
(036)
(036)2886111/2886777
288-3758
The
TheBoracayBeachResort
(036)2883208
BoracayHills
Boracay
(036)2883208 Beach Resort
(036)2884288
(036)2884288
(036)2883315
Boracay
Island
(036)2883764
Red
Coconut
WillysBeachClubHotel
RedCoconut
WillysBeachClubHotel
BeachHotel
BeachResort
(036)2883794to97
(036) 288-3507
(036)
(036)2883794to97
288-3758
(036)2884288
Boracay Island,
WillysBeachClubHotel
RegencyLagoonResort
(036)2883794to97
Willy's
Beach Club Hotel
(036)2882828
Boracay Island
RegencyLagoonResort
(036)2882828
RegencyLagoonResort
355-0000
861-8658
(63) 36 2886119
/ 2886274-75
Fax No
(63) 36 2883119
(036)
262-3989
268-9254
(036)
288-5734
(036)
351-4017
994-1145
(036)
288-3728 to 30
(02)634-3581
to 83
(036)
268-2188
268-2184
to 86
(036)
288-3131
09218104433
09159367222
(036)
288-3507
288-3758
416-4010
415-1285
(036)
288-3208
288-4288
(63 36)
288-2324 - 27
288-1448
(063)
288 -6745
to 6746
(036)
288-3794
to 97
(036)2882828
(036)
288-4792
857-1776
09229192806
(083)
301-2289
09173313800
09399062218
09399052343
(0928)
732-1893
302-1460
(088)
880-2123
(08822)
745-126
(088) 852-1441
(082)
300-8855
(88) 880-0000
(02) 779-5240
(082)
305-0505
222-5225
09175684720
(088)
387-9117
09177152285
(+6385)
343-8048
(+63999)
309-1065
(082)
233-0251
(082)
272-7600
272-7601
(086) 231
5116 / 231
5141 to 46
567-1135
09174308131
(082)
221-9970
(082)
282-1294
09301269185
(088)
856-2653
to 55
(082)
227-8161
227-9070
(08822)
726-464
(088) 858-3131
(082)
303-2818
09176347037
09179111252
(088)
857-1101
09328469358
(083) 553-8888
553-5335
Telefax No.
553-1771
(088)
387 9084
387 9184
(082)
300-3636
Sydney Hotel
General Santos City
Square Suites
General Santos City
T'boli Hotel
and Restaurant
General Santos City
(082)
221-7431
(082)
221-5011
305-3531
(083)
552-5479
552-5480
552-5481
(083) 552-5127
09228362516
09126007323
(083)
302-2648
553-7586
302-6652
(082)
291-3800
(08822)
72-4516
72-7825
(083)
228 1888
228 9010
09189210425
(063) (82)
221-2511
to 13
(082)
282-8000
321-2874
The Margarette
Business Hotel
Maramag, Bukidnon
We R Inn Hotel
City Center, Davao City
(088) 238-5236
09066437648
09175498841
09268446952
(064)
288-1299
(082)
305-6530
305-3812
(+6382)
300-1881
300-5885
221-3025
(082)
228-6885
to 87
(0882)
727-360
726-080
(083)
554-7733
553-0553
(088)
880-0888
09178514308
(082)
224-0577 to 78
0916 550 8863
(088)
851-1800
09088881800
(088)
857-4447
(08822)
72-2222
(088) 387-0419
387-0420
09173089293
09999906543
(088)
828-3544
09175395678
(082)
227-9328
09199252808
09228418102
09176320635
09176320650
(064)
477-0488
09429243041
(6382)
322-8888
09477910147
09233327698
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CLASSIFIED BOX ADS RATE
Weekdays - P 315.00 per col./cm.
Sundays - P 370.00 per col./cm.
B10
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Classified Ads
B-11
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Air
Sea
Land
Shipping Bulletin
http://www.mb.com.ph
KEELUNG HARBOUR IN NORTHERN TAIWAN (EPA) A picture made available on November 12, 2014 shows a ship is being
loaded at the Keelung Harbor in Keelung, northern Taiwan. On 12 November, Vice Foreign Minister Vanessa Shih urged
foreign countries to sign free trade agreement (FTA) with Taiwan. Shih made the appeal as Taiwan is worried after South
Korea and China finished talks on signing FTA on 10 November. The deal is a huge blow to Taiwan as nearly 80 percent of
Taiwanese and South Korean export to China are similar and once the Seoul-Beijing FTA takes effect, South Korean goods
will replace Taiwanese goods as they will enjoy zero tariff from China. According to the Economics Ministry, Taiiwan will
suffer US$3.1-8.4 billion loss in export to China annually after South Korea-China FTA takes effect.
only six are Boeings, a dismal 4 percent market share, Schubert said.
The six Boeing aircraft in service
are the 777-300ERs that Philippine
Airlines currently uses for its longhaul flights to North America, which is
considered the flag carriers largest and
most profitable market with a population of more than 4 million Filipinos.
With airline passenger traffic in the
Philippines expected to grow in the next
two decades, Boeing wants Philippine
carriers to take a second look at its longrange passenger planes to serve the
profitable North American market.
Boeing officials made clear their
desire to play a larger role in the Philippine market, which is currently dominated by Airbus Industries, during their
briefing for Ambassador Jose L. Cuisia,
Jr. who recently visited the companys
Everett Factory near Seattle.
Noting the 6.6 percent projected
growth in airline passenger traffic for
the Philippines in the next 20 years and
the backlog in Airbus aircraft orders,
SAUDIA announces
new Makati corporate office
In line with its mission statement
to be a world-class airline, Saudi Arabian Airlines (SAUDIA) has moved its
Corporate Offices and City Ticket Office
(CTO)- Makati to a new and better location to further improve its services to its
growing number of valued clientele.
SAUDIA is now located at the 19th
Floor, Zuellig Building, Makati Avenue
corner Paseo de Roxas, Makati City, Philippines. The new telephone numbers are
+632 3337700for its corporate offices and
Black
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B-16
Business News
flour demand.
Importers also appreciate the
Commission's decision to impose
uniform anti-dumping duty for each
exporter regardless of how many
kinds of flour he exports because it
would easier to implement.
Their only problem though is
the $600 additional cost per 20-foot
container van as a result of the port
congestion. This add on cost would
make the 25 kilogram bag of flour P30
to P40 more expensive.
Chua, however, said they can still
absorb the higher logistical cost. If
ever, he said, prices may be adjusted
in January next year yet but it would
be lower than the locally milled flour.
Turkish soft flour, which is used for
the manufacture of noodles, biscuits,
lumpia wrapper etc, is being sold for
P600 to P620 per bag.
Turkish flour importers have
already shipped around 90,000 MT
from January to September this year.
They lso have a window from October
3 up to the last week of this month
up to early December to ship in flour
without the anti dumping duty but just
the 7 percent regular duty on imposed
on flour from Turkey. The definitive
anti-dumping duty is expected to
take effect late this month or early
December.
At the outset though, Turkish importers were disappointed because
they thought the Tariff Commission
was going to dismiss the anti-dumping
petition because there was no imminent threat of material injury to the
local players because local flour millers had been more profitable in 2013
than 2012, Chua said.
"Local millers are even expanding
like San Miguel Flour Mills and Wellington Flour Mills," Chua said.
Chua also noted of conflicting
claims by local flour millers of a poor
industry average capacity utilization
rate of 57 percent which they blamed
on Turkish flour imports.
By JAMES A. LOYOLA
loss.
PNB reported a profit of P3.7 billion in
the first three quarters of 2014, 46 percent
lower than the P6.8-billion net income
posted in the same period last year.
This is largely due to higher trading
gains in 2013. In 2013, PNB booked P7.6
billion in trading gains, substantially
higher than the P1.2 billion realized in
2014.
ABIs net income for the first nine
months of 2014 reached P797 million,
27 percent higher than the P626 million
reported in the same period in 2013.
LTGs income from the tobacco
business amounted to P462 million for
the first nine months of 2014, from the
P2.8 billion reported in the same period
last year, as PMFTC continues to be
NAzARENO
Home Fibr serve as the foundation for
value-added services such as Pay TV,
video on demand, and live streaming
noted PLDT EVP and Head of Home
Business Ariel P. Fermin.
PLDT Home expects sustained
growth in broadband with new revenue
streams through various services
offered in PLDT HOME Telpad and
TVolution.
"The increased multimedia usage in Filipino homes is evident as
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mb.businessagenda@gmail.com
IsauroWHAT'S
V. SanINSIDE
Pedro, Jr.
C-4
U.S.
roadshow
eyes R300-M
in condo
sales in Cebu.
ot everyone is comfortable
going to the gym, but Anytime
Fitness promises to make
the gym feel like home. The
global fitness club chain recently
launched its first gym in Manila, and is
set to open dozens more in the country
as fast as prospective franchisees
come in.
The gym for real people
We believe that the Anytime
Fitness concept is a perfect fit for
consumers in Asia who are looking
for a convenient, non-intimidating
and value-oriented place to exercise,
says John Kersh, vice president of
International Development at Anytime
Fitness. Anytime Fitness also offers
a unique and low-cost alternative for
Asian entrepreneurs looking to enter
this fast-growing industry, he says.
The Anytime Fitness concept
is as follows: the gyms are open
24/7, which means youll never have
an excuse to miss your workout,
even on busy days; the gyms are
located near communities, within
walking distance of most residential
areas; and the gyms have a nonintimidating atmosphere and friendly
personal trainers, which help create
an environment to make one feel right
at home. Were not the aspirational
C-3
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Business Agenda
C-2
bUSINESS RoUND-UP
ECHostore wins in
International Womens
Entrepreneurial Challenge
Teleperformance Philippines
is 2014 Aon Hewitts best
Employer
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Business Agenda
C-3
Most consumers in
Asia Pacific optimistic
MasterCard study
onsumers in Asia
Pacific largely remain
optimistic on their
e c on omic ou t look
despite continued uncertainty
in the global economy, with the
exception of Australia, according
to the MasterCard Index of
Consumer Confidence.
Respondents were asked
to give a six-month outlook on
five economic factors including
the economy, employment
prospects, regular income
prospects, and their quality of
life. The Index is calculated with
zero as the most pessimistic,
100 as most optimistic, and 50
as neutral.
Consumer confidence
across the Asia Pacific region
has reached its highest level in
more than 10 years, says Pierre
Burret, head of Delivery, Quality
and Resource Management for
Europe, Asia Pacific, Middle
East and Africa, MasterCard
Advisors. The region is up 6.9
Index points to 68.3 Index points
in H1 2014 from 61.5 Index points
in H2 2013.
Compared to six months
ago, 12 out of the 16 Asia Pacific
markets surveyed recorded
both positive sentiment and
experienced either some or
significant improvement in
consumer confidence. Four
markets moved above the
50-point neutral mark in the
survey, leaving only Australia
and South Korea as the only markets
out of the 16 to remain below the 50point neutral mark.
Asia Pacific markets showed
increases in each of the key economic
indicators: economy (67.1 index points
in H1 2014 from 59.3 index points in H2
2013) employment (69.2 from 62.2 index
points), regular income prospect (77.5
from 72.1 index points), stock market
(65.7 from 57.4 index points), and quality
C-1
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Business Agenda
C-4
Cebu as a second home. A sales mission to the U.S. is encouraging Filipinos there to buy more properties in
this province. (MB file photo)
Power coupling
While the partnership was officially
announced as early as July, it was during
IBM XCITE 2014 when IBM was able
to give a fuller presentation of what the
tie-up will be about for businesses and
organizations. In an official statement
from IBM headquarters, the company
The Future is Now session with Kellar Nevill (IbM ASEAN), Tan Tong Hai (Starhub), TVT Chari (Celcom Malaysia) and Robert Morris (IbM Research).
Practical applications
The apps and cloud sof tware
services to be developed and sold
under the partnership will have four
common characteristics: (1) each
addresses an industry priority or
pain point; (2) each is powered by
analytics and integrates with the core
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Twitter: @mb_technews
Ultima-U03
Selective Interruptions is now possible with Lollipop. Users can sort out their contacts by which ones
get to reach them, and which ones to hit a brick wall.
Priority app makes a scene here. Users will be able
to select which apps appear in the notifications bar.
We liked this because users get the option to block
apps notifications, and receive only those deemed
important (like Facebook!).
If youre an owner of a Chromecast, you can use it
to receive images from the Lollipop device by dragging down the notifications and tapping on the Cast
screen.
Double-tap makes a return to wake the device up.
Although that is hardly new, we welcome its inclusion
to the Lollipop.
Finally, a big surprise is the Lollipop game app. It
took a while until someone discovered this little bugger. This can be accessed by hitting Settings, About
Tablet, and keep on tapping the Android Version until
a lollipop appears, long press that and youre off to a
world of pain.
However, there are a few issues we discovered.
There were times when some apps take time to load,
and were talking about more than three seconds.
Sometimes the app wont work, back and menu buttons are stuck and doesnt do anything. The only
thing that did something was the home button, and
we had to press it at least twice before were taken
back to the home screen. This, however, only happened a few times.
Nexus 9
MB Tech News
has satisfied
its sweet tooth
for the latest treats in mobile
devices. So we went shopping in
the candy shop and got the new Nexus
9, sporting the deliciously revolutionary
Android Lollipop operating system. What
can we say, Lollipop looks and tastes better
than Android KitKat.
Nexus 9
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Tech
MAIILMHULLETII
Samsung introduces
the evolution of Gal~
Samsung redefines its smartphone design
featuring sophisticated design technique~
Blade Vee 4G
SanDisk
Ultra Fit
News
Galaxy Alpha,
Tech Buzz
Staying at full battery at all times with high conversion efficiency mobile power from KINGMAX
axy Design
)ha is also
ever, and
nd light
lximum in-
ence
,the Galaxy
power>ect from
e device
HD Super
AMOLED display as well as an advanced camera and real time HDR for an unrivaled viewing
and photo experience. The Galaxy Alpha also
includes innovative and popular features such
as Ultra-Power Saving Mode, S Health, Finger
Print Scanner, Private Mode and connectivity
with the latest Sam sung Gear Fit, Gear Live
and Gear 2 wearables.
The Galaxy Alpha is now available in all
Samsung Experience Stores. At launch, it will
be available in Charcoal Black, Dazzling White,
Frosted Gold and Sleek Silver.
II
'SA
@dragon pay
Tech News
D4
Cut these out and use to feel the right size for your hand.
Jose Ma J Fernandez
Boomer Gen
Roughing it up
with the wide-path camper
uring my scouting
days in Grade School,
one of the activities
we looked forward the
entire scout contingent of the school.
Of course, being greenhorns and
with parents hovering like anxious
mother hens, we often went to the
known campsites that scouts would
frequent. Rarely, if ever, did we really dare to rough it up in areas far
from the madding crowd.
But the memories of these
attempts at outdoor living remain, even in this late stage of
this Boomers life. Thus, it is not
surprising that I invested in several
tents, most of them good for two to
three people only, but also a large
one that could fit as many as ten
people in. Somehow, I dreamt of
going camping in my middle age,
with two teenage boys as my ready
contingent. Unfortunately, the
tents are gathering dust somewhere in the recesses of my house,
and that does not include the tins
of a type of solid fuel that I bought
that could be used for cooking and
warming liquids.
Then, there is the collection of
flashlights and Swiss Army knives
that I have built up over the years,
ostensibly to be used in future
camping trips. Come to think of it,
I also bought a Coleman gas lamp
and some Ice Chests...suitable paraphernalia for the typical weekend or
monthly camper.
This is one reason why I look at
the Wide Path Camper -- a light and
foldable camper that can be towed
by a bicycle -- with moist eyes. It reminds me of the outdoor man I probably will never get to be but which I
had always hoped to become.
TX-NR636
TX-NR737
TX-NR838
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Editor: AA PATAWARAN
@mblifestyle
MB Lifestyle
@manilabulletinlifestyle
mblifestyle@gmail.com
Sign Us
Up, Quick!
t didnt start out rosy, this love affair that KoreanAmerican novelist Chang-rae Lee has with the English language.
Throughout kindergarten and all the way to the
first few months of first grade, he did not speaknot one
wordhaving found solace in silence against a language
that was as much alien to him as the people who spoke it.
But he kept at it and never gave up, his young brain
clutched at syllables and words as one would a life raft. He
listened and read booksread what he could finduntil
English wasnt a stranger anymore. And so by the time
he was 10 years old, he was translating for his mother. In
middle school and high school, he wrote poetry and stories. At 30, he published his celebrated first novel Native
Speaker, winning literary awards left and right, and, now
at 49, finished his fifth novel On Such a Full Sea.
Yet all the while, he never forgothis struggles, his
frustration, and saving gracebooks. And so, for his creative writing class at Princeton University, he would de-
E2
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Lifestyle
E-2
Dont Panic,
Its Pranic
Drawing from life energy to heal traumas and other real-life miracles
After the battle with the Dutch, the galleon San Diego sank off of
Fortune Island in Batangas (December 14, 1600). Sailors and crew
swam for their lives toward the Dutch ship Mauritius under admiral
Olivier van Noort. The galleon had been hurriedly converted to a
warship and was captained by the inept Antonio de Morga. Print by
Johann Theodor de Bry (1602)
who is visiting Manila in the midst of acquiring her Ph.D., her studies revolving
around how principles she has learned
through Pranic Healing and Arhatic Yoga
are consistent with scientific studies done
against the backdrop of color and energy
in architecture, and the effects they have
on humansin health, relationships,
and financial success. Or Ali, who refused to believe Hengameh. Perhaps his
grandmother, who still has the scan of
where doctors found a tumor, as well as
the scan of where doctors
lost the tumor pre-surgery,
will attest to Alis full growth
from skeptic into a successful healer. Theyre all under
30 years old, and have used
the things theyve learned
in Pranic Healing on everything from school exams to
finding a friends house by scanning unit
numbers, to attracting one hundred
thousand dollars when you only targeted
one thousand dollars in terms of business success.
Have a whirl. The Institute for Inner Studies has free healing sessions
from 3 to 6 p.m. every Thursday, for
anyone that has physical ailments big
and small; a free orientation course the
same day from 6 to 7 p.m., and a group
meditation session from 7 to 8 p.m. www.
globalpranichealing.com
were already seeing it, without me having to hit them over the head with it. I
just had to let it flow.
As a teacher, he is more into the
process than theory. He would look
closely at the text and what can be done
to improve it. And hes good at that
spotting the missing link. One of his
students, Fil-American novelist Lysley
Tenorio, pointed out how good Changrae is at zeroing in on whats lacking.
Hes smart, rigorous, and succinct in
pointing out whats working in a piece
of fiction and what isnt. I am a better
writer because of him.
What Chang-rae sees as pretty
common among young students now is
the tendency to rush and summarize,
which is perhaps another byproduct
of the truncated, insta-world that the
Internet offers. They are not patient
enough. Theyll rush through quickly
over a scene or a thought and they
wont elaborate to the extent that they
need to. They think that its going to
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Monday, November 17, 2014 E-3
Artist At WorK
Lifestyle
Positivity in Chaos
Jay Torres works are about finding a kernel of hope in the dark
By sArA grACe C. FoJAs
Images by Pinggot ZuluetA
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Lifestyle
E-4
After Beethovens
Own Heart
Considered as one of the best Beethoven
soloists of our time, maestro Christian Leotta
brings his expertise to Philippine shores.
By Angelo g. gArCiA
Christmas came early for primetime and blockbuster princess Kim Chiu
when she was cast by Walt Disney Southeast Asia to be the face of
Mulan for its 2015 calendar. In her cover story, The Success Story That
is Kim Chiu in this months issue of Sense&Style, the chinita beauty,
clad in chic and polished 60s fashion, shares her journey from the
Pinoy Big Brother house to teleseryes to the big screen, and the secrets
to her staying power: gratitude, perception, and constant passion for
her craft. With Christmas right around the corner, this issue is also rife
with style insiders tips (and off-the-rack pieces) for every fashionistas
fantasy holiday party looks perfect for the happiest, most glamorous
time of the year.
Unstoppable
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entertainment.mlabulletin@gmail.com
Secrets out
T
By PAU AGUILERA
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MOVIE SYNOPSIS
Interstellar
With our time on Earth coming
to an end, a team of explorers
undertakes the most important
mission in human history: traveling
beyond this galaxy to discover
whether mankind has a future among
the stars, in Warner Bros. Pictures
futuristic thriller Interstellar.
MAGIC STAR MALL
Tarlac City
reserVeD CIneMa
reserVeD CIneMa
the Drop
reserVeD CIneMa
1
1
RESERVED
RESERVED
RESERVED
reserVeD CIneMa
DeVIls paCt
horns
relaks, Its
Just pag IbIg
Interstellar
pg
bIg hero 6
(NOTICE TO MOVIEGOERS:The
schedules of showing are subject
to change without prior notice.
Sometimes a movie is pulled
out earlier than its stipulated
days of showing due to sudden
change in exhibition contract or
poor performance at the boxoffice. The following schedules
are provided us in advance by
exhibitors. You may call the
theaters for confirmation.)
the Drop
nIghtCraWler
// WhIte bIrD In
a blIzzarD
r-16
THE DROP
BIG HERO 6 IN 2D
INTERSTELLAR IN 2D
WHITE BIRD IN A BLIZZARD IN 2D
NIGHTCRAWLER IN 2D
BIG HERO-6 IN 2D
RELAX ITS JUST PAG-IBIG S/
WHITE BIRD IN A BLIZZARD IN 2D
THE DROP IN 2D
NIGHT CRAWLER S/ BIG HERO-6 IN 2D
BIG HERO-6 IN 2D
DEVILS PACT IN 2D
horn //
Interstellar
r-16 / pg
r-16
bIg hero 6
In 2D atMos
bIg hero 6
In 2D atMos
pg
Interstellar
pg
pg
RESERVED
RESERVED
HORNS IN 2D
INTERSTELLAR IN 2D
INTERSTELLAR IN 2D
OUIJA IN 2D S/
NIGHTCRAWLERS IN 2D
INTERSTELLAR IN 2D
BIG HERO 6 IN 2D
THE DROP IN 2D
Nov. 15 & 29
Nov. 21
8:00 PM
Nov. 26
Michael Pangilinan
8:00 PM
Nov. 28
8:00 PM
Nov. 21 & 25
8:00 PM
Nov. 22
5:00 PM
Senior Year
7:30 PM
Nov. 29
INTERSTELLAR IN 2D
BEG HERO-6 IN 2D
THE DROP
BIG HERO -6 IN 2D
RELAX ITS JUST PAG-IBIG IN 2D
INTERSTELLAR IN 2D
RELAX ITS JUST PAG-IBIG IN 2D
BIG HERO IN 2D
DEVILS POCT IN 2D
INTERSTELLAR IN 2D
RESERVED
THE DROP IN 2D
DEVIS PACT
DRACULA
HORNS IN 2D
INTERSTELLAR IN 2D
BIG HERO -6 IN 2D
RELAX ITS JUST PAG-IBIG IN 2D
BEST OF ME IN 2D S/ GODS
NOT DEAD IN 2D
BIG HERO IN 2D
BIG HERO 6 PG
BIG HERO 6 IN 2D
MORON 5.2 THE TRANSFORMATION
RELAX ITS JUST PAG-IBIG IN 2D
INTERSTELLAR IN 2D
RESERVED
BIG HERO IN 2D
RELAX ITS JUST PAG-IBIG IN 2D
NIGHT CRAWLER IN 2D
HORNS S/ NIGHTCROWLER IN 2D
THE DROP IN 2D
BIG HERO -6 IN 2D S/
GODS NOT DEAD IN 2D
BIG HERO 6 IN 2D
MORON 5.2 THE TRANSFORMATION IN 2D
INTERSTELLAR IN 2D
RELAX ITS JUST PAG-IBIG IN 2D
BIG HERO-6 IN 2D
BIG HERO-6 IN 2D
RESERVED
HORNS IN 2D
BIG HERO-6 IN 2D
RESERVED
BIG HERO IN 2D
RESERVED
LAMAT
RESERVED
RESERVED
BLOCK THUNDER
RESERVED
Black
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Entertainment News
F-3
in her upcoming
concert, La Nightingale.
According to
Lani, the show will
feature Cirque du
Soleil-type numbers
aside from her repertoire of new songs,
a few ballads and
pop tunes.
Host Boy Abunda asked if L ani
had backed out of
a concert that was
originally scheduled
on Oct. 17.
Walang katotohanan yun. Actually, ngayon ko lang
narinig yon, a surprised Lani said.
Actually, ang pinaka-main reason
doon is sa production, on the production
LANI mISALuChA
Black
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Entertainment News
F-4
BALTIC & CO.
by Roni Santiago
PUPUNG
by Tonton Young
COPY-PASTE
by Stanley Chi
IPENUTS
by Felipe de la Cruz
NORMANS ISLAND
by Norman Izaac
by Hank Ketcham
BLONDIE
ZITS
MARVIN
BEETLE BAILEY
by Mike Peters
by Tom Armstrong
by Mort Walker
by Art Sansom
CALLOUS
YOUR STARS
(Monday, 17 noveMber 2014)
ARIES (March 21-April 20) It is best to avoid a too intimate association with someone expecting you always to pay more than your fair share. Do
not be afraid of drawing your own conclusions; sometimes even experts can
be wrong. However where you do draw your conclusions do make sure your
facts are right and updated.
TAURUS (April 21-May 20) Seek to prove how good you are by
your work and not by your words. You will be better able to relax if you do so
with a clear conscience having accomplished what needs to be done. You
should not allow yourself to be satisfied with less than high standards.
GEMINI (May 21-June 20) A new project is best started early next
week and not today. You are easily influenced by others now so it would do
you good to avoid deciding on sensitive issues at present. The best remedy
to a lack of harmony within the family is to remain open and consider all possibilities.
CANCER (June 21-July 20) You will benefit from taking another
look at your sense of values. Seek to consolidate and make secure your
own position. Do not be too bothered about the fact that some others have
more than you. This is no better time to be reckless in money matters than
any other.
LEO (July 21-Aug. 20) Be honest with yourself and you will not
succumb to self-deception. Seek not to put a friendship in jeopardy by asking
for more than he is able or prepared to give you. Do not interfere with other
peoples plans how would you like it if they interfered with yours.
VIRGO (Aug 21-Sept. 22) You will be able to see more sense in a
highly confused situation. A decision by which you are bound will tend to be
rather unfair. Yet by accepting it you will be able to make it more bearable.
Seek to look at your affairs from a broader point of view.
LIBRA (Sept. 23-Oct. 22) You will be able to do something to maintain your own and arouse other peoples enthusiasm. Do not forget that in a
conversation others too should be allowed to express their views. Try to hang
around with intelligent and respected personalities and this will give you connections you didnt have before.
SCORPIO (Oct. 23-Nov. 22) If you try hard to improve your performance you will definitely succeed. You will be able to meet a stressful situation adequately only if you do not fret or lose your temper. There will be some
intrigues and shady dealings around you; try to have nothing to do with it.
SAGITTARIUS (Nov. 23-Dec. 20) Do not be too self-righteous and
permit others to express their views respecting them. There is no reason for
you now to disbelieve someone you have always known to be truthful. Take
care; you would be quite wrong to trust too much to good fortune.
CAPRICORN (Dec. 21-Jan. 19) Some unfinished business you
have left behind must now be completed. Otherwise it will interfere with your
future plans. It would be best to put an agreement you have made down in
writing. If you think you have been very busy lately that your partner feels
neglected, apologize and make amends.
AQUARIUS (Jan. 20-Feb. 19) You will need all the support and encouragement you can get, so do not turn it down. It will take a while before you
can actually rely on others. You will first have to relay what you want them to
do and some time to make sure that they fully understand the work at hand.
PISCES (Feb. 20-March 20) You will be able to get off to a good
and early start, but you are liable to run out of steam so do not allow your
concentration to flag. You will feel less like traveling but should not allow this
disinclination to predominate. Make sure you show your gratitude, better to
excess than too little.
BURUNTONG
by William Contreras
Aldrin Gulapa
Black
ymv
TVGuide
Monday,N ovember17,2014
Local Channels
MORE THAN WORDS airs pilot DREAM DAD starts airing today
Cable Channels
Black
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Entertainment News
F-6
Jennifer Lawrence
HoLLywood
ywood
BuLLETiN
N
JANET susAN
AN
NEPALEs
ONDON Wearing a
brown long-sleeved
paisley dress and
donning a cute chinlength bob, Jennifer Lawrence was blooming despite
feeling under the weather the
night before.
The 24-year-old actress
from Kentucky, who achieved
superstardom when she
played Katniss Everdeen in
the The Hunger Games
film series, talked about
the latest installment of
the franchise, The Hunger Games: Mockingjay
Part 1.
Touching on the
theme of rebellion,
we asked her if she
feels the need to let
her voice be heard.
By ROWENA TAN
Light role
Zanjoe is currently seen on
Dream Dad, where he plays
a bachelor company president
who is trying to move on from
a heartbreak by focusing on
his family.
Mayaman
Mayaman ako dito eh.
Yung mga roles ko dati puro
mahirap, ngayon naka
suit na ako, business
executive, he said
laughing.
The actor has
no problems with
the show being
light drama.
Actually
ganito yung
mga gusto
kong gawin.
Ayoko ng
masyadong
mabibigat na
tipong iyakan sobra.
Ang maganda
rito may kasama pa akong
bata.
Busy December
Zanjoe expects to have a busy December this year with several projects
already lined up for him.
Still, he hopes to block some time
for a vacation with girlfriend Bea
Alonzo.
Mahilig kasi kami mag-travel
ni Bea. Pero siyempre ngayon di
pa sure kung paano kasi busy nga,
he said.
Zanjoe said he plans to ask ABSCBN management for a week-long
break. Sana payagan kami. Para
makapag-pahinga din kami ni
Bea.
A-OK
Zanjoe denied his three-year old
with Bea is on the rocks.
He is, in fact, puzzled why such
rumors are flying around. Masaya
kami eh. Siguro may mga tao lang
na gustong maghiwalay kami kaya
gumagawa ng ganung isyu, he
said.
Still, he revealed that he and Bea
got into an argument recently because
of their respective schedules.
Kasi pagkatapos ng
teleserye niya (Sana Bukas Pa
Ang Kahapon), na halos arawaraw yung taping, eh bigla
naman akong nagka-project
nagkakaya ayun, he said.
He assures fans that
they are both commitcommit
ted to making their
relationship work.
Iniintindi namin
ang isat-isa.
Kasi hindi nana
man pwedeng
tumigil yung
isa sa amin (sa
pagta-trabaho)
para magkasamagkasa
ma lang kami,
kami
he said.
Dream
Dad, which
also stars child
actress Jana
Agoncillo, airs toto
day on ABS-CBNs
Primetime Bida.
zANJoE mARudo
Black
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http://www.mb.com.ph
#MBthanksgiving14
A NIGHT OF
GRANTED
WISHES
The Food
SS-2
The Entertainment
The night was filled with
unforgettable presentations
from Follies de Mwah and
Manila Bulletin's Advertising
Team, an Arabian-themed dance
competition, exciting raffle
draws, and many more surprises.
The Attire
The Venue
Black
ymv
88-2
Thanksgivi
MAIILMYULLETII
"
(L-R) Mary Jane Garcia, Ms. Vanessa Pakingan, Mr. Rodel Nace, Ms.
Kath Alday and Ms. Rosalyn Tecson from Starcom Mediavest Group
ng Special
SELFIE OF
THE NIGHT
Cat Trivino,
Globe Telecom
.'"
:1-
88-3
Thanksgiving Special
Christmas Comes
Early with iPhone 6
Giveaways
881
798
Kash Zabala
Trish Esclabanan
Rowena Munsayac
SS-4
788
Raffle winners
Liza
Obispo
Zoobic Safari gets the award for the Direct Client Category
MB Chairman Basilio C. Yap with the winner of P1,000,000, along with Kathy
Chua, MB's AVP for Advertising and hosts Giselle Sanchez and Sam YG
Allen Catindig of Federal Land Inc. and Kris Cepeda of Maxus receive
their awards worth a trip to Abu Dhabi for two
Jing
Carandang
Mr. Emilio C. Yap and Ms. Kathy So-Chua give the award Mr. Onel Querijero receives one of the Outstanding
to OMG represented by Ms. Liza Obispo
Partner awards in behalf of Starcom Mediavest Group
Pat
Makalinao
Black
ymv
INTERNATIONAL WEEKLY
In collaboration with
Where
Failure
Is Accepted
Bending Nature
To Cool the Earth
By CLAIRE MARTIN
JASPER JUINEN FOR THE NEW YORK TIMES; TOP, ILVY NJIOKIKTJIEN FOR THE NEW YORK TIMES
A Dutch playground with a surface of olivine, top, a green-tinted mineral that takes carbon dioxide out of the atmosphere.
Continued on Page 5
Continued on Page 4
INTELLIGENCE
WORLD TRENDS
In America, looking
ahead to 2016. PAGE 2
Muslims in Myanmar
face hardships. PAGE 3
International sounds
out of Lisbon. PAGE 16
MANILA BULLETIN
O P I N I O N & C O M M E N TA RY
For more than two years, rising
tensions between China and Japan
have unsettled Asia and raised concerns that the two economic giants
might stumble into a military confrontation. Recently, their leaders
showed unexpected statesmanship
with an agreement that seems likely to ease the dispute.
In similarly worded statements
from both sides, the two countries
finessed their claims over islands
in the East China Sea essentially
by saying that neither side had won
or lost. Meanwhile, they opened the
door to a resumption of diplomatic
and security discussions that have
been frozen since 2012. That was
when Japan nationalized the is-
ED I T O RI AL S O F T HE T IME S
wanted the event to run as smoothly as possible. Also, Japanese investment in China has dropped by
nearly half this year. Mr. Abe has
been eager to meet Mr. Xi in Beijing, and some sort of agreement
on the islands was seen as a prerequisite. His willingness to stoke tensions with China has also worried
the region and the Obama administration, which has pressed him to
ease off.
The two sides also pledged to
establish crisis management
mechanisms and work to keep the
situation from getting out of hand.
The concern was that because the
fundamental issues remained unsolved, these commitments would
be forgotten once the summit meeting was over.
To reassure the region, Mr. Xi
and Mr. Abe should spend some
serious time together to reinforce
their commitment to the recent
agreement and set in motion a truly
constructive process where the focus is on resolving their differences, not confronting each other in the
East China Sea.
INTELLIGENCE/ROBERT KUTTNER
INTERNATIONAL WEEKLY
NANCY LEE Executive editor
TOM BRADY Editor
ALAN MATTINGLY Managing editor
The New York Times International Weekly
620 Eighth Avenue, New York, NY 10018
EDITORIAL INQUIRIES:
nytweekly@nytimes.com
SALES AND ADVERTISING INQUIRIES:
nytweeklysales@nytimes.com
Hillary Rodham Clinton is the early favorite to win her partys nomination for president.
and many blame him for the Democrats poor election performance.
For some analysts, the election
was a rejection of the presidents
personality and leadership style,
which many voters consider aloof.
The election was also a classic case
of a deep pattern of American politics: In the sixth year of a presidency, fickle voters tend to be weary of
the incumbent. This pattern caused
large congressional losses for such
popular two-term presidents as
Ronald Reagan, Dwight D. Eisenhower and even Franklin D. Roosevelt all of whom had won their
own re-elections easily but whose
party took big defeats just two
years later.
Yet Mrs. Clinton has her own vulnerabilities. For many Americans
she is a figure from a now-distant
era, the 1990s. She will be 69 years
old in 2016. Her husband, former
President Bill Clinton, is a brilliant
strategist but also known to create
political problems with some of his
comments. Some voters will won-
THE NEW YORK TIMES IS PUBLISHED WEEKLY IN THE FOLLOWING NEWSPAPERS: CLARN, ARGENTINA DER STANDARD, AUSTRIA LA RAZN, BOLIVIA A TARDE, FOLHA, GAZETA DO POVO, JORNAL O POVO AND O LIBERAL,
BRAZIL GUELPH MERCURY, THE HAMILTON SPECTATOR, TORONTO STAR AND WATERLOO REGION RECORD, CANADA LA SEGUNDA, CHILE L ESPECTADOR, COLOMBIA LISTIN DIARIO, DOMINICAN REPUBLIC LE FIGARO, FRANCE SDDEUTSCHE ZEITUNG,
GERMANY PRENSA LIBRE, GUATEMALA LA REPUBBLICA, ITALY ASAHI SHIMBUN, JAPAN DIARIO DE YUCATN, EL NORTE, EXPRESO, MURAL, REFORMA AND SNTESIS, MEXICO EL DIARIO, MEXICO AND UNITED STATES EL NUEVO DIARIO, NICARAGUA
NEW TELEGRAPH, NIGERIA LA PRENSA, PANAMA CORREO, PERU MANILA BULLETIN, PHILIPPINES TODAY, SINGAPORE EL PAS, SPAIN UNITED DAILY NEWS, TAIWAN THE OBSERVER, UNITED KINGDOM THE DALLAS MORNING NEWS, UNITED STATES
MANILA BULLETIN
WORLD TRENDS
In Delhi, Multitudes
Of the Dead Unknown
By ELLEN BARRY
More than 100,000 Rohingya people have been placed in camps like the one in Rakhine State.
MANILA BULLETIN
WORLD TRENDS
Bending
Nature
To Cool
The Earth
SUN
SOLAR
RADIATION
AT
OS
E
PH
CARBON DIOXIDE
RE
REMOVING CO2
MANAGING SUNLIGHT
SOLAR
RADIATION
EARTH
Dont Think.
Just Get Up and Go.
Why are impulse-buy items
like candy bars and chewing
gum so hard to resist at the grocery store check-out line? Because of a phenomenon known
as decision
LENS
fatigue. Now
that you have
made your
way around
all of the
various aisles
and chosen
among the
hundreds, if
not thousands, of products, your
brain is more likely to give in to
temptation.
And while that can have a relatively low impact in this example
just a few extra calories, say,
and a small amount of money
elsewhere the effect can be more
profound.
President Obama has said
he limits his clothing and food
options because he doesnt want
such minor matters to use up
even the smallest amount of
energy. Youll see I wear only
gray or blue suits, he once told a
magazine. I dont want to make
decisions about what Im eating
or wearing. Because I have too
many other decisions to make.
It is the same reason you
will see Mark Zuckerberg, the
Facebook chief executive and
co-founder, dressed in identical
gray T-shirts each day.
I want to clear my life so I
have to make as few decisions as
possible about anything except
how to best serve this community, he said this month during a
discussion with about 200 Facebook users at the companys
headquarters in Menlo Park,
California.
Even making small decisions
around what you wear or what
you eat for breakfast or things
like that, they kind of make you
tired and consume your energy,
Mr. Zuckerberg said. I feel like I
For comments, write to
nytweekly@nytimes.com.
Impulse buying
at the grocery
store might
not have a
big impact on
your life, but
elsewhere it
might be wise to
focus on what is
important.
MIKE BLAKE/REUTERS
MANILA BULLETIN
WORLD TRENDS
Marcel-Lehel
Lazar, also
known as
Guccifer,
tormented
various
celebrities
using no special
computer skills
beyond what he
had picked up on
the web.
MANILA BULLETIN
WORLD TRENDS
An Al Qaeda group
loses its way after its
leader is killed.
years ago, the Shabab held much
of southern Somalia. Shabab
fighters chopped off heads,
starved children, snatched up
adolescent brides and stoned to
death those girls who refused.
Until the advent of the Islamic
State, or ISIS, in Iraq and Syria,
the Shabab controlled more territory than any Qaeda subgroup,
bringing in millions of dollars by
running ports and imposing taxes, which bankrolled terrorist attacks across the region.
But African Union peacekeepers have dislodged Shabab from
all major towns in southern Somalia. The Somali population has
turned against the group.
In killing the Shababs leader,
Ahmed Abdi Godane, with little
collateral damage, the United
States showed that it had finally
cracked the groups code.
Since Mr. Godanes replacement is a little-known fighter,
Shabab defectors said the groups
allure is virtually gone. Western
intelligence officials estimate
there are just a few thousand
hardened Shabab fighters left.
Afyare A. Elmi, a Somali pro-
Junior Samuel,
8, received
treatment for
Ebola that
was similar to
that given to
Rancy Willie,
9. Doctors
said they did
not know
why Junior
survived.
DANIEL BEREHULAK FOR THE NEW YORK TIMES
looked better.
On the night of October 17, his
fifth at the center, Rancy moaned
and moaned. He was cleaned and
given a painkiller and a sedative
to help him sleep. He was bleeding
from his eyes, nose and mouth. His
sister and a cousin had been admitted, but they were too sick to offer
comfort.
Rancy, whose stepfather said
he loved dancing and soccer and
wanted to be a civil engineer, died
before sunrise.
That morning, after more than
two weeks at the center, Junior was
discharged to live with his aunt and
uncle, Ebola no longer detectable
in his blood. He smiled broadly and
said he had not been afraid until
people around him began to die.
Williams was still a patient when
Junior left. His father, George Beyan, had been discharged the same
day Williams tested positive for
Ebola, and aid workers encouraged him to help care for his son.
Mr. Beyan sat Williams up, encouraged him to eat and drink, asked
staff members for extra juice, and
even walked him outside. The
father held him close overnight,
wrapped in the same blanket. Mr.
Beyan would tell anyone who asked
that his son was doing better, little
by little. Small, small, he would
say in Liberian English. The doctors wanted to believe it, too, even
as Williams ran high fevers and
had continuing diarrhea.
After all, Juniors survival had
surprised them, and so had Mr.
Beyans.
Williams began crying one
evening, after having had a fever
that day. He had just been outside
watching a movie. Then he was
gone.
My little boy, Mr. Beyan
sobbed, inconsolable.
MANILA BULLETIN
WORLD TRENDS
A towers
crown in
Valls; far
right, a
contest in
Tarragona.
KANDAHAR, Afghanistan
Lieutenant General Abdul Raziqs
boyish looks and hesitant smile belie his reputation as a man of courage and cruelty: the tough guy who
kept the Taliban out of Kandahar.
I dont think people fear me,
said the police chief of Kandahar
Province, speaking at his tightly
guarded home as three giggling
children swarmed him. At least I
dont want them to fear me.
Yet fear is a word associated
with General Raziq, 37, who has, by
most reckonings, become the most
powerful man in southern Afghanistan and one of the richest. Since
taking control of security in Kandahar three years ago, he has imposed an uneasy peace on this onetime Taliban citadel insurgent
attacks have fallen by two-thirds,
Zia ur-Rehman contributed
reporting from Pakistan.
Lieutenant General
Abdul Raziq has
checked the insurgents
while being accused of
human rights abuses,
presenting Afghanistans
new president with a
dilemma.
tions are an irksome diversion from his focus on PakiDECLAN WALSH/THE NEW YORK TIMES
stan, an enemy he accuses
of feeding the insurgency from bashelping to stoke the insurgency. A
United Nations human rights rees across the border in Baluchistan
Province. The Taliban and some
port published last year stated that
Pakistani officials blame the police
81 people had disappeared in the
chief for the killings of pro-Taliban
custody of the Kandahar police in
clerics in Baluchistan last year.
a year.
To the Taliban, General Raziq
Rights groups have collected
is a prized target. A scarlet rash
evidence of secret prisons where
on his right hand is the mark of a
detainees have been electrocuted,
Taliban suicide attack that nearly
beaten with cables or subjected to
killed him two years ago. In July,
execution. Health workers in Kanduring the Islamic festival Eid aldahar have reported receiving the
Fitr, bombers struck at his home.
bodies of former police detainees
I dont care how many times
with smashed faces and drill marks
they try to kill me, he said. I will
in their skulls.
never compromise.
To General Raziq, such accusa-
MANILA BULLETIN
WORLD TRENDS
Hungary has cracked down on dissent, but a recent protest against an Internet tax was allowed.
I, World War II and the end of the
Cold War and the impetus for
what he called todays key struggle: a race to invent a state that
is most capable of making a nation
successful.
Hungary, Mr. Orban said, will
build a new Hungarian state that
will be competitive in the great
global race for decades to come.
Achieving that vision will require
tougher stances toward outside
forces, including nongovernmental
organizations, the European Union
and foreign lenders and investors,
he said.
Until 2008, Mr. Orban was a critic of Mr. Putin. But the two have
grown friendly, with Russia investing heavily in Hungary.
The grand center of Budapest,
cede that Mr. Orban has gone to nowhere near the lengths of Mr. Putin
in silencing opponents.
But some say that the government uses its financing to control
the arts and the news media.
And even some conservative
supporters are slightly wary of
the extent to which Mr. Orban has
packed the courts and the chief
prosecutors office with loyalists,
and altered the Constitution so his
party dominates.
He ran as someone who would
bring the two sides together in
Hungarian politics, said Balint
Ablonczy, domestic political editor
of the pro-government journal Heti
Valasz. But when he got in he said,
no, it is the time of the right, the
time for revenge on the left.
PARIS JOURNAL
Regular
visitors
to the
catacombs
under
Paris try
to keep
the tunnel
entrance a
secret. In
an artists
gallery.
and exclusivity.
My creations have a lot more
value here, because they are intended for a limited audience that
deserves to see them, said the
artist who led the group and went
by the name Nobad. They went
through the trouble of coming
here.
Nobad stencils European paintings with a twist, like Gustave
Courbets Desperate Man in
glow-in-the-dark paint. But the
walls are covered with art, including paintings in the style of
Egyptian tomb murals, grimacing
black and orange devil faces, a
giant multicolored parrot and
graffiti. In one room, the walls are
encrusted with mirror shards, and
a glittering disco ball hangs from
the ceiling.
The term catacombs designates only a small part of this vast
MANILA BULLETIN
Hollywood
Frets Over
Global Shifts
By MICHAEL CIEPLY
U.S. supremacy in
the film business is
less than assured.
billion in world sales, much of that
in China. In all, markets outside the
United States accounted for roughly $25 billion of $35.9 billion in sales
last year, according to the Motion
Picture Association of America.
Still, Jonathan Wolf, managing
director of the American Film
Market, an annual production and
distribution convention, has been
watching what he calls a global
shift away from U.S. product over
the last 25 years.
Government subsidies for local
film have changed tastes in some
regions of the world, as has a new
generation of television-trained international filmmakers, Mr. Wolf
said.
Mr. Wolf has a sharp eye on China, where the annual box-office
take is second only to that in the
United States. Ticket sales there
are likely to exceed $5 billion this
year.
American companies have
looked to China for growth through
collaborative ventures. But Chinese viewers, with a nudge from
government policies to keep do-
Paramount
$245.4 million domestic
$835.5 million foreign
77.3% FOREIGN
How to Train Your Dragon 2
DreamWorks Animation
and 20th Century Fox
$176.3 million domestic
$438.4 million foreign
71.3% FOREIGN
By ELISABETH MALKIN
ment, a job made possible by generous discoveries in the shallow
LA MURALLA IV, Gulf of
waters of the southern gulf in the
Mexico The computer screens
1970s. The result was that Pemex
in the control room on this giant
suffered losses and never investfloating platform monitor presed for the future. Closed off from
sure levels in a narrow shaft cut
the global industry, it fell behind
through bedrock to a reservoir
the energy giants.
of natural gas five kilometers
Since the peak in 2004, Mexbelow.
ican crude oil production has
For six months, an internationfallen by about a million barrels
al team hired by a contractor for
a day to an expected 2.35 million
Petrleos Mexicanos, or Pemex,
barrels a day this year.
Mexicos state-owned oil monopAnd Pemex has neither the fioly, has been drilling an explornancial capital nor the expertise
atory well here. Now, the work is
to produce oil and gas from its
nearly done.
complex deepwater reserves.
An operation like this would atMr. Lozoyas priority for deep
tract little attention in the northwater next year is to attract partern part of the gulf, where dozens
ners to begin production at two
of deepwater platforms are part
fields. Private investment in oil
of the mosaic fueling Americas
and gas production is forecast to
energy boom. On the Mexican
side, though, the
search is just beginning.
Pemex is counting on a future in
deepwater production. But after eight
years of exploratory drilling, it is still
years away from
producing the first
barrel of oil in deep
waters. Before it
ADRIANA ZEHBRAUSKAS FOR THE NEW YORK TIMES
can, Pemex must
Mexico is years away from extracting oil
shed its past as a
lumbering state mofrom deep water. A Pemex drilling rig.
nopoly and remake
itself as a streamrise steadily each year to reach
lined company ready to compete
about $27 billion by 2020.
on a world stage.
But Pemexs reputation for corThe real large fields, the maruption is one of investors main
terial opportunities for Pemex,
concerns, said Deborah Byers, a
lie in deep water, Emilio Lozoya
managing partner at EY consultAustin, the companys chief exing in Houston, Texas.
ecutive, said. This is where our
Mexican prosecutors are inbiggest learning curve lies.
vestigating one of Pemexs largMr. Lozoyas ambitious plans
est contractors, the politically
are part of a sweeping overhaul of
connected marine services comMexicos energy sector intended
pany Oceanografa, over accusato increase flagging oil and gas
tions of a $400 million bank fraud
production. By ending Pemexs
scheme.
monopoly, the government hopes
To tighten control over Peto attract serious outside investmexs $40 billion contract operament for the first time since Mextions, Mr. Lozoya has centralized
ico kicked out foreign oil compathem in one department.
nies in 1938.
And Pemex has trouble manWithin a year, Mexicos reguaging its sprawling industrial
lator, the National Hydrocarbons
properties that bleed money and
Commission, will hold the counattention from the companys
trys first open auctions for oil
exploration and production diviand gas fields, including deepwasion. The company has lost $1.15
ter regions in the Gulf of Mexico.
billion this year to criminals tapPemex will not have any speping into its pipelines.
cial privileges at all, said Juan
Mr. Lozoya argues that Pemex
Carlos Zepeda, the president of
has taken the most important
the hydrocarbons commission.
step in a turnaround. We have
The change will not be easy for
stopped talking about barrels,
Pemex, long run as an arm of the
he said. We only talk about U.S.
government. The companys task
dollars and pesos now. Its not
has been to pump oil and provide
about volumes. Its about value.
cash for the Mexican govern-
10
MANILA BULLETIN
Investors Lining Up
For African Bonds
By DANNY HAKIM
Bankers decide
sovereign debt is
worth the risk.
cerns are easing, and one sub-Saharan nation after another is jumping into the debt market.
The Ebola outbreak, which is ravaging West Africa, could cost $33
billion, the World Bank estimated.
But the sovereign debt market is
booming, with sub-Saharan African countries raising nearly $7
billion so far this year, more than in
all of 2013, according to Dealogic, a
market research firm.
The yields on many of the new
bonds in Ghana, Kenya and Nige-
Kigali, Rwanda, is finishing the construction of a civic center, above, and hydropower plant.
money than local lending rates,
though they are more expensive
than direct aid or low-rate loans
from government aid groups,
which often come with oversight
requirements. Before 2006, only
South Africa had issued a sovereign bond. Now more than a dozen
sub-Saharan countries have tested the market.
It shows the opening up of Africa to private capital, said Kingsley Chiedu Moghalu of the Central
Bank of Nigeria. From the point
of view of the young man sitting at
a hedge fund in London, its a new
frontier, he said.
There are risks. Countries can
lose any cost advantage if their own
currency weakens. And investors
can go cold on regions.
Romantic comedy
mixed with other
sweet stuff.
taped message from a handsome
stranger, she is convinced they are
soul mates and sets out to find him.
To flesh out the fictional world,
Ms. Carlip built 33 websites that
connect to the story line. As readers progress through the story,
they can click on Bridalville, the
website where Mags works, and
read articles, or visit Freak4mypet.
com, a site where Magss ex-boyfriend posts photos of her dogs (and
where readers can post their own
pets). The sites are intended to host
sponsored content a pet food
MANILA BULLETIN
11
In October, an Orbital
Sciences rocket exploded
and Virgin Galactics
SpaceShipTwo, top, crashed.
Orbital Sciences is operating under a $1.9 billion contract from NASA to deliver cargo to the space station. SpaceX was recently awarded $2.4 billion by NASA to build a
transportation system for astronauts within the next three years.
SpaceX was also the recipient of
an earlier $1.4 billion contract to
deliver cargo to the space station.
Boeing also won a NASA contract
for $4.6 billion to build a spacecraft
capable of flying astronauts to the
space station.
SpaceX and Orbital Sciences
have sought to reduce costs in different ways. Orbitals rockets use
a pair of refurbished engines built
in the Soviet Union in the 1960s and
1970s.
SpaceX, by contrast, builds its
engines for its Falcon 9 rocket and
aims to reduce costs, in the long
term, by reusing the rocket.
12
MANILA BULLETIN
Complexity Explained,
Through Absurdity
By KENNETH CHANG
Outlandish physics
from the creator
of a web comic.
The Empire Strikes Back when
Yoda lifts the X-wing out of the
swamp, he said. It occurred to me
as I was lecturing.
Instead of abstract definitions
(an object lifted upward gains potential energy because it will accelerate if dropped; power is the rate
of change in energy), Mr. Munroe
asked a question: How much Force
power can Yoda output?
And so I did a rough version
of the calculation on the fly in the
Tracking Baby Turtles Frenzies as They Swim for the Open Ocean
By JAMES GORMAN
REBECCA SCOTT
Transmitters show
how endangered
hatchlings scramble.
Loggerhead hatchlings in a similar pool experiment conducted by
other researchers in Florida, where
they would have much farther to
swim to reach ocean currents, did
not stop swimming at night, she
said. They are born knowing what
they should do.
Dr. Scott reported the work in the
Proceedings of the Royal Society
B: Biological Sciences, with other
scientists from the ocean research
center in Kiel and from the Turtle
Foundation on Boavista, and with
Christophe Eizaguirre of Queen
Mary University of London.
MANILA BULLETIN
13
H E A LT H & F I T N E S S
On an airplane, the
risk is not in the air
passengers breathe.
in the air passengers breathe, but
in the surfaces they touch.
Garth Ehrlich, a professor of
microbiology and immunology
at Drexel University in Philadelphia, said a little hand sanitizer
could go a long way. Surfaces
can get contaminated, he said.
It generally tends to be surfaces
that are touched by people with
their hands, like tray tables and
buttons on the armrests.
In experiments using real aircraft seat components, researchers at Auburn University in Alabama replicated the temperature
and humidity of a plane cabin inflight and found that MRSA and
E. coli bacteria can live for days
on these surfaces.
The bacteria were more easily transferred from nonporous
surfaces like plastic tray tables
Flying
precautions
can include
cleaning
wipes and
helpful
or not
an air
purifier.
KATHERINE STREETER
14
MANILA BULLETIN
H E A LT H & F I T N E S S
Tamara Marrow, center wearing a cap, leading a Brukwine class based on hip gyrations.
MANILA BULLETIN
15
ACTIVISION
The Mariners Museum show of James E. Buttersworth paintings includes a forgery. So does the group of paintings above.
here might give away the secret to
visitors.)
The friend took on the assignment of securing a forged Buttersworth, which proved to be relatively easy, since, when it comes
to bogus Buttersworths, nearly
all roads lead to one man: Ken Perenyi.
For years, Mr. Perenyi studied
and imitated the work of Buttersworth, turning a tidy profit by
selling his paintings to unsuspecting dealers and collectors. He now
plies his trade legally.
The friend of the museum acquired, through an intermediary,
a genuine fake Buttersworth, from
Mr. Perenyis stock on hand, for
about 5 percent to 10 percent of the
16
MANILA BULLETIN
some of it.
Even for Mr. Faber, whos written historical fiction, thrillers, satires and three novellas, The Book
of Strange New Things stands
apart. While the bulk of the book
takes place on another planet it
doesnt read like science fiction, or
like any genre.
But hes content with making the
book his last.
History proves that most writers get forgotten anyway, he said.
Thats very likely to happen to my
books, and if Im extremely lucky,
maybe one of my books will survive. The books Ive written are my
contenders, and whatever happens
will happen. Its enough.