Ombudsman Conchita Carpio Morales was supposed to have said there is enough evidence to convict Senators Enrile, Estrada and Revilla. But she said she is still studying their motion for reconsideration and “only God knows if they will be indicted in court.” She also said she does not have a time frame to sign the charges against the senators. I hope she was just not quoted well. Maybe the lawyers know exactly what she means. But to us who are not lawyers, the Ombudsman has done a perfectly good job of confusing us. If there is enough evidence, why not file the cases at the Sandiganbayan already? Time is of the essence. The public, indeed the world, needs to be reassured we have what it takes to punish public wrongdoing among our officials. But the Ombudsman says she is not concerned about the time frame for prosecuting the senators. The fact that she is on a junket to the United States while the Napoles revelations have gone into overdrive can’t be a good indicator of how seriously she regards these cases. I realize due process demands she first acts on the merits of the motion for reconsideration filed by the respondent senators. But it is not reassuring to hear the Ombudsman saying that “only God knows if they will be indicted in court.” We all know how slowly our justice system works. Still, the Ombudsman should not douse hope among our people that, in this case, the wheels of justice Read More …
MANILA, Philippines – BPI Family Savings Bank, the thrift arm of Bank of the Philippine Islands, is launching an auto loan and investment package rolled into one, the first of its kind in the industry, that will give customers a 10 percent rebate after five years. “We call this the Auto Rebate Program or the Money Back Promo, which is only available if you get an auto loan from BPI Family Bank. This is available for 60 months, then we will give back to the customer 10 percent of the loan amount,” BPI Family vice president for the auto loans division Felipe Carlos said. The promo will allow the client to enjoy a 10 percent rebate (based on the client’s loan amount) at the end of the loan term if the loan is fully paid, has satisfactory handling, and if another loan will be availed within six months of full payment. Moreover, if no new loan is availed, the client is still entitled to a five percent rebate. Furthermore, Carlos explained that the vehicle must be brand new, intended for private use, and should be sourced from a local and accredited automotive dealer. “The BPI Family Auto Loan Money Back promo aims to change how people see cars and car loans, as it is now an investment. With this new promo, you get to immediately realize the benefits of having a new car, get to own a highly useful asset and eventually get a sizeable amount at the end of Read More …
MANILA, Philippines – Local banks may now easily extend their banking hours to provide more services to their clients after the Bangko Sentral ng Pilipinas issued new regulations that liberalized operating hours for banks. In a statement, the BSP said it had approved a new framework that makes it easier for banks to extend their banking hours. “The new framework recognizes the evolving needs of financial consumers, especially those who require banking services beyond current regular business hours,” the central bank said. “This is firmly in line with the BSP’s thrust of empowering financial consumers, which is essential to fostering the stability of the financial system,” it added. The central bank currently requires banks to open for business for a minimum of six hours a day, and five days a week, except for holidays. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The BSP said this is different from their provision of e-banking services and automated teller machine operations. Under the new framework, banks wanting to change or lengthen the schedule of their operations will only need to send a “prior written notice” to the central bank. Providing full banking services during the extended period is also allowed under the new framework which means banks may conduct check processing, bank certification, payment orders, check reorders, bills and loan payments, and other services. Previously, banks are required to get a BSP approval for changing the schedule of their banking hours, for carrying on services other than their core functions during Read More …
MANILA, Philippines – Share prices went up for a second straight session yesterday on continued bargain hunting, analysts said. The Philippine Stock Exchange index (PSEi) rose 1.35 percent or 90.44 points to 6,800.84 from yesterday’s close at 6,710.40. Astro del Castillo, First Grade Finance Inc. managing director said positive news such as the announcement of new infrastructure projects boosted sentiment. “There were a couple of positive reports such as the announcement of government of certain projects. This took off the heat from the market and encouraged investors to go back to the bourse,” said Del Castillo. The National Economic and Development Authority (NEDA) recently announced that its Board approved seven new infrastructure projects amounting to P45.04 billion. Most of the counters were in the green except for the mining and oil sector, which fell by 0.25 percent to 15,469.49. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The property sector went up by 1.40 percent, followed by industrials, 1.34 percent; holding firms, 1.25 percent; and services, 0.75 percent. Advancers beat decliners, 104 to 71, while 43 issues were unchanged. Value turnover amounted to P7.51 billion as 1.34 billion shares changed hands. Most actively traded stocks were Belle, Metrobank, Megaworld and SM Investments. Top gainers were Sinophil, Southeast Asia Cement, TKC Steel and Primex.
MANILA, Philippines – The Department of Science and Technology (DOST) and IBM today unveiled a new intelligent operations center to provide a central point of command for disaster management. The new center will help the Philippine government better manage ongoing and future disaster response and recovery efforts following Typhoon Yolanda in 2013. Immediately following the typhoon, IBM donated an impact grant of technology and services. As part of the grant, IBM, in collaboration with trusted business partners, delivered the IBM Intelligent Operations Center (IOC) with an Integrated Communications System (ICS) that will facilitate better and more coordinated disaster management efforts with the DOST and across various government agencies. The integrated solution will pull data from disparate sources into a common view, providing emergency managers with critical information such as; advance warning for extreme weather events, feedback from first responders on the number of casualties and affected families, condition of buildings, roads, and infrastructure. These distributed data sources provide analytics and scenario planning to streamline and integrate the government’s response to disasters. In addition, the solution will enable advanced communications for first responders and emergency personnel. “Building on a trusted, long term relationship between IBM and our National Government, IBM acted quickly to mobilize and launch an Impact Grant with two critical solutions: an Intelligent Operations Center for Emergency Management and an Integrated Communications System,” said Science Secretary Mario Montejo. “IBM’s grant comes with two years of support, including an IBM-led transition team. This will ensure that we have the skills Read More …
Sheeran has won Brits, been nominated for the Grammys, toured with Taylor Swift and others, and is now selling out concerts all over the world Great love stories in the movies also produce great theme songs. This was true of As Time Goes By from Casablanca back in the ’30s, also of Love Story and Where Do I Begin, Breakfast at Tiffany’s Moon River, The Way We Were, Superman’s Can You Read My Mind, Somewhere in Time and so on down to recent times with My Heart Will Go On from Titanic. Now Titanic happened 17 years ago and while there has been no shortage of good music from the movies, we still have to come across a theme of the same tremendous impact as My Heart Will Go On. It must be because times have changed and films are not that romantic anymore. Also because film producers have discovered the marketing boost that old songs provide. Think of She in Notting Hill. This is sad but maybe Ed Sheeran and All Of The Stars from The Fault in Our Stars can change the situation. The Fault in Our Stars is based on a best-selling book by John Green about two cancer stricken teenagers. Bright, attractive, very smart and with a uniquely humorous view of the world around them, Hazel Grace and Augustus meet and fall in love while attending a cancer support group. The story does not deal with changing the inevitable, it is instead about how these young Read More …
Kipling’s has been around since 1999 and was always considered the best in town. Many followed suit, copying its formula, but failed along the way. However, all good things must end, and this favorite watering hole for connoisseurs finally bid goodbye to its loyal customers. Kipling’s soul was in the person of Scottish-born managing directress Barbara Cumagun. She made sure that patrons and friends would be able to share not only a glass of their favorite single malt whiskey or a couple of puffs of the best Cuban cigars but that there were numerous friendships that bloomed and endured for all the years that Kipling was alive. Charity events made this famed bar stand out because of the huge number of recipients who greatly benefited from the generosity of their clientele. The latest was when typhoon Yolanda hit fisherfolk in the Visayas, who lost not only their livelihood but their precious boats, too. Kipling’s came to the rescue by immediately raising funds for 20 motorized bancas, financial assistance for rebuilding homes and 40,000 nutritious food packs for victims in the devastated area. If you see boats floating in that region named after exotic whiskies, you now know where they came from. As Barbara was called onstage, Captain’s Bar was quiet as she bade adieu, “Clients — that’s how you all started off, but after 15 years, you have become much more. The friendships that have been forged, the camaraderie we have shared is priceless. Ups and downs, good and bad Read More …

“I will be the next president” is perhaps what Philippine’s Vice President Jejomar Binay is telling U.S. President Barrack Obama as he welcomes the U.S. president upon his arrival at an airport in Manila April 28, 2014. (MNS photo) MANILA (Mabuhay) — The camp of Elenita Binay, the wife of Vice President Jejomar Binay, will file cases against the Office of the Special Prosecutor (OSP) of the Ombudsman for reviving cases already dismissed with finality three years ago. In a statement, Joey Salgado, Binay’s spokesman, said this could all be part of the demolition job against the vice president who has admitted several times that he will be seeking the presidency in 2016. Salgado is referring to the reopening of malversation charges against Mrs. Binay in connection with the purchase of beds for the Ospital ng Makati during her tenure as Makati mayor. As a result, the Sandiganbayan Third Division issued on May 20 a hold departure order. Salgado lamented the manner by which the OSP had conducted their review of the dismissed cases, which, he said, “showed undue haste, harassment, and the blatant absence of transparency.” He said there was not even any new evidence or witness to support the revival of the cases. “We had hoped that given the highly charged political atmosphere arising from the revelations of Janet Lim-Napoles, the Ombudsman’s OSP, would have shown greater prudence to avoid allegations that it is persecuting those who are not allies of the administration,” he said. Salgado noted that Read More …

Senators Jinggoy Estrada (leftmost) and Juan Ponce Enrile (rightmost) may land in jail if plunder charges, a non-bailable offense, are filed against them. The two, along with Sen. Bong Revilla, have been named by whistleblowers and alleged pork scam mastermind Janet Lim-Napoles as the lawmakers who accepted bribes for ghost projects. In photo with the senators are ousted president and now Manila Mayor Joseph Estrada (second from right) and Vice President Jejomar Binay, who is also the presumptive presidential opposition candidate in 2016. MANILA (Mabuhay) – The camp of Benhur Luy, the prime whistleblower in the pork barrel scam, on Monday said that they can neither confirm nor deny the alleged deleted files in the hard disk drive (HDD) of Luy. According to Atty. Raji Mendoza, counsel of Luy, his client will address the issues in a court of law in due time. Mendoza said that the HDD of Luy contains information that is subject of an ongoing fact-finding investigation in the Office of the Ombudsman (Ombudsman). Because of this, Mendoza said such digital files are considered as confidential in nature. Included in the alleged deleted files discovered by the National Bureau of Investigation (NBI) in the HDD of Luy are the files containing the code names: “Tanda”, “Pogi”, “Sexy”, “Commission on Appointments”, “Marcos”, “Sotto”, “Ochoa”, and “Pinoy Requests”. (MNS)

Filipino boxer and incumbent Congressman Manny Pacquiao, right, raises the hand of his wife Jinkee shortly after filing their respective Certificates of Candidacy (COC) for next year’s midterm elections at the local Commission on Elections office in Alabel township, Sarangani province in southern Philippines Tuesday Oct. 2, 2012. Pacquiao is seeking reelection for his province’s lone congressional district while his wife is running for vice-governor of the province. Pacquiao’s younger brother and a sister-in-law have also entered politics and are running as Congressman in another province and as a village chief respectively. (MNS photo) MANILA (AFP) – Being world boxing champ, a heavyweight politician, an actor and a preacher is not enough for the Philippines’ irrepressible Manny Pacquiao – now he wants to be a professional basketballer. The pint-sized 35-year-old has caused shockwaves and much disbelief with his adoring fans at home by declaring his intention to become a playing coach for an expansion team in the Philippine Basketball Association (PBA). “Even when I was a kid, even before I learnt to box, basketball was my first love,” Pacquiao, who has won an unprecedented eight boxing world titles in different divisions, told reporters this week. Pacquiao stands at 1.69 metres (five feet, seven inches) and has no history as a basketballer in competitive leagues, but intends to serve as playing coach for the newly created Kia Motors team when the next PBA conference starts in October. He defended himself against critics who said he would be no match for the Read More …