BMI Online Editor

May 202015
 
Drilon: Binay not immune from lawsuits

Vice President Jejomar Binay addresses the crowd during the 36th National Conference of Employers at Marriott hotel in Pasay City on Friday. Binay told the business community his family only has five bank accounts, denying the Anti Money Laundering Council report that he owns about 242 bank accounts. (MNS Photo) MANILA (Mabuhay) – Senate President Franklin Drilon contradicted on Tuesday a lawyer’s statement that Vice President Jejomar Binay was immune from suits, saying that “no one is above the law.” Drilion said it would be difficult to accept the argument of University of the Philippines law professor Harry Roque Jr. that any case that would be filed against the Vice President would be dismissed since he was enjoying immunity from lawsuits while in office. “Medyo mahirap pong tanggapin ang ganung klaseng position dahil sa ating sinusunod sa demokrasya, tayo po ay pantay-pantay sa ilalim ng batas. Mayaman ka man o mahirap, makapangyarihan o pangkaraniwang mamamayan, kung tayo po ay may pananagutan sa batas, dapat tayo ay (panagutin),” the Senate leader said in a radio interview on Tuesday. (That kind of argument is a bit hard to accept because in our democracy, we are all equal under the law. Whether you are rich or poor, powerful or ordinary citizens, if you  have violated the law then  you should be held liable) “No one is above the law. Under the theory of Professor Harry Roque, kung ikaw ay nagnakaw, basta impeachable official ka, hindi ka pwedeng sampahan ng kaso. Ako po ay Read More …

May 202015
 
Valenzuela fire prompts Palace to call for review of occupational, fire safety laws

Relatives of footwear factory workers weep during a special Mass in Manila on Monday for the 72 people who were killed during the fire. Authorities are still investigating if conditions in the factory contributed to the death of the workers. Many of those who died were workers trapped during the blaze. (MNS photo) MANILA (Mabuhay) – After over 70 people were killed in a factory fire in Valenzuela City last week, Malacañang on Tuesday called on Congress to revisit the country’s laws on occupational and fire safety. Communications Secretary Herminio Coloma Jr. said there is already a need to “update” the Occupational Safety and Health Act, which was enacted in 1970. Congress should explore the possibility of criminalizing violations to occupational safety standards, Coloma added. “Walang criminal penalties na nakatakda kaya’t tila baga walang ngipin iyong batas. Hindi naman magiging epektibo kung walang naitakdang penalty na magiging deterrent o pipigil sa paglabag dito,” the Palace official said in the radio interview. “Kaya mahalaga na makunsidera na ng ating mga mambabatas iyong mga nakahain na batas, panukalang batas hinggil sa criminalization ng mga violations sa Occupational Safety and Health Regulation natin,” he added. At least 72 individuals were confirmed dead in a fire that razed a factory in Valenzuela owned by Kentex Manufacturing Corporation. The Bureau of Fire Protection is currently leading the probe on incident. Following the deadly Valenzuela fire, Senator Miriam Defensor Santiago pushed for the passage of a pending bill seeking to make building owners criminally liable for Read More …

May 202015
 
Duterte: No room for failure if I become president

Mayor Rodrigo Duterte is a bold local official who seems to “endorse” violence against criminals. MANILA (Mabuhay) – Davao City Mayor Rodrigo Duterte said there will be no room for failure if he chooses to run and becomes president in 2016. During a speech before overseas Filipino workers in Hong Kong last Sunday, Duterte said he is still “trying to feel the pulse of the people, relate to their local leaders, and ask myself whether I am ready for the awesome responsibilities of the presidency.” According to Duterte, “should I run for President and win in 2016, there will be no room for him to fail.” “I will not be president and sit for six years and at the end of my term, tell you that I tried my best, but failed. No…if I run and win, I cannot afford to fail my people. So if it is His will for me to run, then God help me.” Duterte, who spent most of his political life being the mayor of Davao City, emerged as the third most preferred potential presidential candidate in the latest Social Weather Stations (SWS) survey. He was tied with Interior Secretary Mar Roxas, who is the presumptive bet of the ruling Liberal Party. Duterte explained that despite his decades of experience in politics, “the presidency is not an easy job.” “You have to hit the ground running, and you can never stop providing solutions to poverty, high prices, joblessness, while ensuring that people are safe in Read More …

May 202015
 
Drilon orders arrest of 14 resource persons in Binay probe

Senate Blue Ribbon Committee Chair TG Guingona together with Senator Koko Pimentel called a meeting of the Blue Ribbon committee members, Monday afternoon. The committee has cited for contempt 17 resource speakers who failed to attend the hearing on the allegations against Vice President Jejomar Binay. (MNS photo) MANILA (Mabuhay) – Senate President Franklin Drilon on Tuesday signed the arrest and detention order of 14 resource persons cited in contempt for continued refusal to attend the Senate’s hearings on corruption allegations against Vice President Jejomar Binay. Included in the arrest and detention order was Binay’s alleged bagman and dummy, Gerry Limlingan. The 13 others ordered arrested and detained were the following: Vissia Marie Aldon, Danilo Villas, Aida Alcantara, Hirene Lopez, Irene S. Chong, Imee S. Chong, Kim Tun S. Chong, Irish S. Chong, Erlinda S. Chong, Kimster S. Chong, Anne Lorraine Buencamino-Tiu, James L. Tiu and Antonio L. Tiu. The arrest order came a day after the Senate blue ribbon committee being headed by Senator Teofisto Guingona III upheld Monday its subcommittee’s recommendation to cite the resource persons in contempt. Drilon said it is necessary to enforce the rules of the Senate otherwise people will not heed the rules, the senator said. “Importante po ito na maipakita natin na dapat sumunod at tumupad doon sa subpoena ng Senado, otherwise kung hindi po natin ginawa ito, wala na pong susunod sa mga mga subpoena at hindi po namin magagawa ang aming trabaho dahil ang mga resource persons ay babalewalain ang lahat Read More …

May 202015
 
Fil-Am Chamber of Commerce South Bay to hold mixer at Buffalo Wild Wings May 21

Photo taken during the FACC-SLAA Business & Professionals Networking Mixer held on March 19, 2015, Henrick Macalintal, Benildo Tan, Abe Pagtama, Andy Z. Edralin, Evelyn Andamo, Jennifer Song, Cheryl Elumba, Megaworldre Re, Gabe Pagtama, Cynthia Raymundo-Tan, Loi Herrera, Josephine Edralin Basilio, Paz Villanueva Velasquez, Carson Knight, Marlene Robbins, Rocky Pavone, Joel Escabarte Dalguntas-Realtor, Abe Pagtama, Fe P. Koons, Joel Dalguntas-Realtor, Frederick Alain Docdocil and Manuel Angeles at Long Beach Marriott.Photo courtesy of Docdocil Brothers Photography (Facc Slaa Facebook page) Carson, CA – The Filipino American Chamber of Commerce South Bay Los Angeles is inviting business owners and professionals to come to its mixer this Thursday from 6-9 pm at Buffalo Wild Wings in Carson at 730 Del Amo Blvd. Cynthia Tan, president of the FACC-SLAA, said that mixer will give the opportunity for local businesses to network with its other and also to become members of the FACC-SLAA. “We also invite the general public to come and know the businesses in the South Bay. The Fil-Am Chamber has many activities this year as such the entrepreneurship workshops, the upcoming Filipino American History Month in October and the Philippine American Independence Day on July 4 at the Stub Hub Center,” Tan said. For more information on the business mixer, go to the facebook page facc slaa or call 310.748.9688 or email fred@bakitwhy.com.

May 202015
 
CHED grants tuition hikes in 313 private colleges and universities

Chairperson Patricia B. Licuanan (right) of the Commission on Higher Education discusses during a news conference Wednesday at the CHED Office in Quezon City the Students’ Grants-in-aid Program for Poverty Alleviation, a most exciting part of the government’s student assistance program as it directly benefits students of the poorest families. The SGP-PA, with an allocation of P500M, is administered by CHED for State Universities and Colleges in support of the reform agenda for public higher education. Also in photo is Social Welfare Secretary Corazon J. Soliman. (MNS photo) MANILA (Mabuhay) – A total of 313 private colleges and universities nationwide will implement an increase in tuition and other school fees this school year. A statement released by the Commission on Higher Education said the average increase across all regions is 6.48 percent. There were no approved increases in areas affected by Typhoon Yolanda. According to CHED, the tuition hike was warranted given the effects of inflation and the improvement of facilities in the schools. CHED added however that it has made available more than 100,000 financial assistance grants for deserving students. CHED has yet to release the list of schools with tuition fee hike. (MNS)

May 192015
 
Kathryn, Nadine finally meet

Nadine Lustre and Kathryn Bernardo (MNS Photo) Teen stars Kathryn Bernardo and Nadine Lustre were finally introduced to each other formally recently. The two young stars met face to face during rehearsals for their respective numbers on “ASAP.” In a post on the official Instagram account of the variety show, Bernardo and Lustre can be seen posing side by side along with Julia Barretto. Another photo of them was again uploaded on “ASAP’s” account after their opening production number. In a past interview, Bernardo admitted there exists “some kind of awkwardness” between her and Lustre because a lot of people are constantly comparing them. “Siguro meron kaming awkwardness kasi with the social media, the Twitter, the Instagram, parang nauunahan ng lahat ng tao bago pa kami mag-meet,” Bernardo had said. Bernardo also once said she would like to get to know Lustre more, and maybe even hang out with her in the future. Since Lustre rose to fame in last year’s “Diary ng Panget,” not a few have commented that she and Bernardo look alike. Moreover, Bernardo’s team-up with Padilla is also being compared to the tandem of Lustre and James Reid. Despite this, Lustre had shrugged off comparisons, pointing out that she and Reid are just starting out and still have much to prove. Lustre’s latest film “Para sa Hopeless Romantic,” which also features Barretto, opens in theaters on Wednesday. (MNS)

May 192015
 
Discharge  the second mortgage and keep the house!

Discharging a Deed of Trust in bankruptcy! A second or third mortgage can be stripped off the title of your home, and discharged as unsecured debt in a chapter 13 bankruptcy. Imagine, your house is worth less than you owe, and now you can strip part of what you owe and still keep the property. Yes, it’s true. Liens can be stripped off of the debtor’s assets in Chapter 13 when the property is upside down, and the fair market value does not cover secondary liens. Section 506 of the Bankruptcy Code acknowledges that a lien is only a secured claim to the extent there is value in the asset to which it attaches.  To the extent that the claim exceeds the value of the collateral, that portion of the claim is unsecured. This is really great news. We are stripping liens every day, and returning property value to our clients. Liens secured by vehicles: The most common application of lien stripping is the reduction of car loan liens to the present value of the car.  Thus a lender holding a $12,000 claim secured by a car now worth $10,000 has a secured claim of $10,000 and a unsecured claim for $2,000.  Two thousand dollars of the lien may be stripped off the asset (the car) in a reorganization.  The plan must provide for payment in full of the secured portion of the debt;  the unsecured portion can be paid little or nothing along with other unsecured claims. Recent changes Read More …

May 192015
 
The Nissan Maxima lives up to its four-door sportscar maxim

The 2016 Nissan MaximaThe new car was almost a full second faster than a BMW 328i around the track.©Nissan (Relaxnews) – The latest-generation Maxima sedan bests BMW, Acura and Audi to set the fastest lap time around California’s Buttonwillow Raceway racetrack in tests overseen by AMCI Testin. Nissan is going to extraordinary lengths to underline its new car’s performance credentials. Described by company chairman, Carlos Ghosn as the “four-door sportscar” when it was officially revealed at the New York Autoshow in April, Nissan has now decided to pit its new car against a BMW 3 series and an Audi A4 Quattro to prove that the slogan was more than simply marketing talk. In controlled tests at the Buttonwillow Raceway in southern California the 2016 Maxima SR set the fastest lap — 1:18.50 — around the 1.8-mile West Loop, beating the BMW 328i by almost a full (0.98) second. The car also outperformed the Acura TLX 3.5L V6 Tech by 2.08 seconds and the Audi A4 2.0T Quattro by 2.71 seconds. “We expected the all-new 2016 Maxima, with its re-engineered engine, transmission and chassis to do well, but frankly even we were surprised by the head-to-head test results against some very well-established luxury sports sedans,” said Pierre Loing, vice president, Product Planning, Nissan North America. To ensure that there were no cries of foul play, each of the cars that featured in the challenge was sourced from an authorized dealership and were broken in and prepared, pre-race, in accordance with manufacturers’ guidelines. Read More …

May 192015
 
September 11 museum draws 2.7 million visitors in first year

9/11 Memorial Museum©9/11 Memorial Museum (New York–AFP) – About 2.7 million people have visited the September 11 museum in New York since it opened a year ago, museum officials said on its anniversary. The visitors came from all 50 US states and 150 different countries to tour the National September 11 Memorial Museum in New York, they said. In comparison, New York’s most visited museum, the Metropolitan Museum, welcomed 6.2 million people last year, and the Museum of Modern Art three million. About 4.2 million people visited the Statue of Liberty, a key tourist attraction in the city, during the same period. The September 11 museum, which first opened May 15, 2014 to only locals and the families of the victims, has since hosted President Barack Obama, former president George W. Bush, Britain’s Prince William and his wife Kate, Indian Prime Minister Narendra Modi and Australian Prime Minister Tony Abbott. To mark its first anniversary, the museum — built on the site where the World Trade Center towers once stood in southern Manhattan — opened an exhibit of photographs by Jonathan Hyman called “Beyond Ground Zero.” The show focuses on public tributes paid to the victims and on search and rescue efforts at Ground Zero immediately after the attacks on the Twin Towers. A total of 2,753 people died in the September 11 attacks on New York.