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John Eduard Franco

Absolutely the method that is best You Should Be Making Use Of for Creative Writing Paper

By | Do My Essay

Absolutely the method that is best You Should Be Making Use Of for Creative Writing Paper

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By | Custom Dissertation Writing

Learn that is Discussing Pro Essay composing and just why you have to be Concerned

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Regulator calls Maynilad to account

By | Property News

By Victor V. SaulonSub-Editor
THE METROPOLITAN WATERWORKS and Sewerage System’s Regulatory Office (MWSS-RO) has issued a notice of service obligation failure to Maynilad Water Services, Inc. for not meeting requirements under its concession agreement, the chief regulator said on Tuesday.
In a press conference, MWSS-RO Chief Regulator Patrick Lester N. Ty said the notice was sent to Metro Manila’s west zone concessionaire on Monday afternoon, and Maynilad said it had received the letter.
Saying that Maynilad has “until Monday to explain why they should not be penalized,” Mr. Ty explained that “[b]ased on our computation, based on our monitoring, nag-reach na sila ng (they failed to meet service obligations for) 15 days.”
Mr. Ty said his office invoked Article 10.4 of the concession agreement — which provides that failure to meet any service obligation for more than 60 days, or 15 days “in cases where the failure could adversely affect public health or welfare”, will subject concessionaires to penalties — as more than 15 days had lapsed since MWSS-RO alerted Maynilad of the complaints.
“Last April 30, 2019, we issued a letter to [Maynilad] to call their attention to the large number of complaints we received regarding water service interruptions and low water pressure in large portions of the west zone concession area, specifically in the consumers living in the south,” Mr. Ty said.
He said water service interruptions and low water pressure continued to affect the company’s concession area even after its attention was called.
“It is for this reason that we have given [Maynilad] five days upon receipt of the said notice to… explain why they should not be penalized under Article 10.4 of the [concession agreement],” Mr. Ty said.
“If found liable, we will recommend to the MWSS Board of Trustees that fines and penalties should be imposed.”
Sought for comment, Randolf T. Estrellado, Maynilad’s chief operating officer, said the company has received the notice which, he argued, lacked basis.
“We received the notice of service obligation failure yesterday [Monday] in relation to the service interruption due to the algal bloom in Laguna Lake and given five days to respond. We believe there is no basis for the imposition of the penalty, as the service interruption did not last for 15 days and only affected 12% of Maynilad’s customer base,” he said.
“To mitigate the impact of this emergency service interruption, we implemented rotational supply interruptions and also deployed mobile water tankers and stationary water tanks, even as we intensified treatment interventions to address the challenging raw water quality.”
Mr. Ty said he did not want to pre-judge Maynilad and declined to comment on the company’s explanation. “I want to listen to their official explanation first on the notice that I sent to them before I will comment because I want to double check everything first,” he said.
Metro Pacific Investments Corp., which has majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Company Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star Group, which it controls.
MANILA WATER REBATE
In the same press conference, Mr. Ty said his office will implement the bill rebates for customers of east zone concessionaire Manila Water Co., Inc. starting June 2019, which reflects consumption in May.
“This is a result of the penalty that the MWSS Board of Trustees imposed to Manila Water under Section 10.4 of the concession agreement, for their inability to meet its service obligation of providing 24/7 water supply to all their consumers,” he said.
The penalty, amounting to a total of P1.13 billion, consists of P534 million as rebate to customers and P600 million for development by Manila Water of a new water source. All active accounts as of March 31, 2019 of Manila Water will get a rebate.
“Of all these accounts, we further identified those that were severely affected and they will enjoy a P2,197.94 rebate each,” Mr. Ty said, adding that the rebate is on top of the 10 cubic meter (cu.m.) consumption that will be received by all customers.
He said more than 140,000 accounts would receive the rebate based on the list of 45 barangays identified by Manila Water when it offered its own one-time bill waiver program in April.
Mr. Ty said Manila Water had accepted the penalties imposed by the regulatory office. “The P534 million plus the P600 million, they are not contesting that anymore. They already wrote a letter that they are accepting it,” he said.
He said another assessment, to take place by August or September, will decide whether more penalties would be warranted should Manila Water continue to fail to meet its service obligation.
Sought for comment, Manila Water said it would comply with the bill rebates for its customers.
“We will coordinate with the Regulatory Office and will implement as prescribed this June,” Nestor Jeric T. Sevilla Jr., Manila Water head of corporate strategic affairs, said in a mobile phone message.
Mr. Ty said that, in all, the penalty imposed on Manila Water — including the cost of its voluntary bill waiver and minimum charge waiver — would amount to P1.6 billion. He said the amount excludes lost business because of the water shortage.
The east zone concessionaire has been experiencing a water supply deficit since March 6, although it has now brought down the shortfall. The deficiency came about as water demand reached 1,750 million liters per day (MLD) while supply remained at 1,600 MLD. A planned new water treatment plant failed to meet its target launch in late 2018 because of technical issues.

Privacy watchdog probes erring online lending apps

By | Property News

THE NATIONAL PRIVACY COMMISSION (NPC) has begun looking into 48 online lending applications that have been subject to almost 500 harassment complaints.
In a media briefing at the NPC office in Pasay City Tuesday, Privacy Commissioner Raymund E. Liboro said there are 485 complaints with the commission at the moment, of which 235 cases have been formally pursued, accusing operators of online lending applications that allegedly misused borrowers’ information for public shaming.
“Over the past few months, we received almost identical complaints that pile up by the day from individuals accusing online lending apps of rude practices. Complainants say the harassment and shaming started when they failed to pay their balances on time,” he said. “The people behind the lending app called or texted their contact list about their inability to return the money, causing them embarrassment and emotional stress.”
The mobile lending applications supposedly required access to a user’s contact information, photos, files and documents before completing a lending transaction.
When the borrower was unable to pay his/her balance, the lenders sent out mobile phone messages and made calls revealing the user’s name and debt.
The NPC chief said operators of the erring lending applications may face penalties ranging from temporary suspension to being haled to court for possible criminal charges.
“Maaari nilang kahinatnan [What could result from this investigation] immediately is temporary ban… It could lead to a permanent ban for processing information. Also, it could lead to the National Privacy Commission elevating this to the (Department of Justice) for criminal prosecution,” Mr. Liboro said.
“Possible violations (are) unauthorized processing, unauthorized purpose, or even malicious disclosure (of personal information). So this could be a series or combination of acts under the Data Privacy Act of 2012.”
But Mr. Liboro said the commission cannot just suspend the accused lenders, as such an action could affect their other borrowers.
“The NPC has started conducting hearings on the cases and it is vital that we also hear the respondent’s side of the story and we would highly appreciate it if they cooperate,” he said.
The names of the mobile applications were withheld by the NPC, but Mr. Liboro said none of them were big ones, nor were they affiliated with any bank. — Denise A. Valdez

PEZA chief addresses talks she is at risk of losing post for opposition to tax perk revamp

By | Property News

An aerial view of the ecozone and the adjacent Davao International Container Terminal. — WWW.ANFLOINDUSTRIALESTATE.COMBy Janina C. LimReporter
THERE IS TALK in the foreign business community that the head of the government’s economic zone promotion agency is at risk of losing her job due to a drop in committed investments and her opposition to the Finance department’s push to remove tax incentives deemed redundant.
Philippine Economic Zone Authority Director-General Charito B. Plaza said on Tuesday that she has heard such “rumors,” adding that she has not received any notice from Malacañang itself.
“The issue is di daw ako marunong; bakit daw bumaba ang investments (they say that I am not fit; why have investments dropped),” Ms. Plaza said in a telephone interview.
“I’m happy at least hindi corruption ang (is not the) issue sa akin (against me).”
President Rodrigo R. Duterte has been known to fire Executive officials for even just a “whiff of corruption” without asking them to give their sides, the latest being former Food and Drug Administration director-general Nela Charade G. Puno, who has protested her innocence and said she was not informed of any complaint.
The Philippine Economic Zone Authority (PEZA) contributed 38.2% to the total foreign investment pledges last year at P68.32 billion, down 12.7% from the P78.28 billion in 2017 according to the Philippine Statistics Authority.Among the seven investment promotion agencies, PEZA had the second-biggest value of committed investments approved in full-year 2018 behind the Board of Investments’ P103.97 billion. In 2017, PEZA contributed 74.1% of the total foreign investment pledges even as the amount was 35.42% less than 2016’s P121.22 billion.
Ms. Plaza — who replaced former PEZA chief Lilia B. De Lima in late September 2016 — contested allegations that she cannot do the job, saying that investors began staying on the sidelines only as the Finance department pushed for an overhaul of fiscal incentives by removing those deemed redundant.
While declining to name her detractors, Ms. Plaza said: “Ang dating ko sa kanila, (they perceive that) I’m not behaving as a government official [when I oppose the plan to change the tax incentives package of investors]” and that “I’m siding daw with the investors.”
“Di naman ako nagsa-side (I am not taking the side of) with investors. I’m just protecting our image because we entered our contract with them. Our investors can sue us,” she added.
“We still insist we should not change the rule of the contract we have entered with existing investors kasi magiging ’yung impression sa atin ng investors, very unstable (because investors will have the impression that business regulations are very unstable). Pag nag-change ang (When there is a change in) administration, may (there will be) change in politics and law,” she explained.
Asked on talks of her impending replacement that are now circulating among foreign business groups, Ms. Plaza replied: “They heard about it and asked me.”
“I said it’s up to them to express if they’re happy or not with my leadership in PEZA.”
An official of the American Chamber of Commerce of the Philippines (AmCham) said he has heard of such talk, and expressed support for PEZA and its existing fiscal incentive program.
“Many hundreds of American firms have worked closely with PEZA and its excellent leadership for many years. PEZA provides competitive incentives to reduce the higher costs of doing business in the country. Therefore, we have often expressed our strong support for PEZA and its leadership and the ambitious plans of the current director general as well as her predecessor, who served under four presidents,” Ebb Hinchliffe, AmCham’s executive director, said in a mobile phone message.
European Chamber of Commerce of the Philippines, Inc. President Nabil Francis said he has not heard the rumor but nevertheless expressed support for PEZA.
“More than 300 European firms or firms with European equity have been successfully assisted or have worked closely with PEZA and its leadership in establishing their operations in the Philippines over the past few administrations,” Mr. Francis said in an e-mailed reply to questions.
“The ECCP has and continues to support PEZA and its leadership throughout the years in our common goal of easing doing business in the Philippines, incentivizing more foreign investments to flow into the country and its support of the private sector in its drive to contribute to nation building.”
For his part, Finance Secretary Carlos G. Dominguez III said he has not heard such rumors.
Asked how the Finance department will approach PEZA’s continued opposition to the plan to overhaul investors’ fiscal incentives, Mr. Dominguez said in a mobile phone message that it will “continue its education program” to convince PEZA, investors and other affected parties on the need for this tax reform.
The Finance department had packaged the streamlining of fiscal incentives with a gradual reduction in corporate income tax (CIT) to 20% by 2029 from 30% currently in order to ensure this reform package will have a revenue-neutral effect, with projected foregone revenues from the CIT cut plugged by added collections from cancelled fiscal incentives.
While Congress has favored the planned CIT cut, many of its leaders have had reservations towards the removal of tax incentives.

MPTC inks deal with Japanese tollway firms

By | Property News

METRO PACIFIC Tollways Corp. (MPTC) signed an accord for technical and information exchange with Japan Expressway International Company Ltd. (JEXWAY), Central Nippon Expressway Company Ltd. (NEXCO Central), and Metropolitan Expressway Company Ltd. (MEX). Signing the deal are (seated from left): MPTC President and CEO Rodrigo E. Franco, MPTC Chairman Manuel V. Pangilinan, and JEXWAY President Dr. Koji Kuroda. Also in photo are (standing from left): MPTC SVP for communication and stakeholder management Romulo S Quimbo, Jr., NLEX Corp. President and General Manager J. Luigi Bautista, NEXCO Central Managing Director Takeo Nakamura, MEX Executive Officer Hiroshi Dobashi, and JEXWAY Senior Director for Project Development Toru Suzuki. — COMPANY HANDOUTMETRO PACIFIC Tollways Corp. (MPTC) said it recently signed a memorandum of understanding (MoU) on technical cooperation with three tollway operators from Japan.
In a statement, MPTC said it inked the MoU with Japan Expressway International Co. Ltd. (JEXWAY), Central Nippon Expressway Co. Ltd. (NEXCO Central) and Metropolitan Expressway Co. Ltd. (MEX) with the goal of further improving its toll road operating capabilities.
“We are very happy to sign this technical cooperation agreement with JEXWAY, NEXCO Central and MEX, as this will allow us to tap into the wealth of Japanese road engineering experience and technology,” MPTC President Rodrigo E. Franco said in the statement.
Under the MoU, the companies are allowed to share knowledge on “asset management and repair of at-grade and elevated road and bridge sections, tunnel design and construction and the use of best practices to monitor the structural performance of expressway assets and facilities…”
JEXWAY was formed by five Japanese expressway companies to develop projects around the world. NEXCO Central is a Nagoya-based toll road operator with presence in Hanoi, Vietnam, while MEX operates the Shuto Expressway in Tokyo, Japan.
Mr. Franco noted aside from sharing know-how, the new partners will help MPTC learn from Japan’s example how to adapt to environmental challenges.
“This expertise comes in handy as we prepare ourselves to manage our roadways effectively in cases of emergencies like earthquakes and other natural calamities,” he said.
MPTC is a major toll road operator in the Philippines with presence in Thailand, Vietnam and Indonesia. It currently operates the North Luzon Expressway (NLEx), Subic-Clark-Tarlac Expressway (SCTEx) and Manila-Cavite Expressway (CAVITEx).
MPTC is under Metro Pacific Investments Corp., one of three key Philippine units of First Pacific, the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Denise A. Valdez

NCCA and CCP pay tribute to the 2018 National Artists

By | Property News

BROUGHT onto the stage of the Cultural Center of the Philippines Main Theater on May 16 in a tribute to the newest National Artists were (L-R) Guadalupe Alcala, representing her husband cartoonist Larry Alcala; theater advocate Amelia Lapeña Bonifacio; composer Ryan Cayabyab; Denise Mañosa, representing her husband architect Francisco Mañosa; writer and historian Resil Mojares; Rex Muzones, represneting his father Hiligaynon writer and historian Ramon L. Muzones, and filmmaker Kidlat Tahimik. — MICHELLE ANNE P. SOLIMANFOR 2003 National Artist for Literature Virgilio S. Almario, the role a National Artist is a challenging task.
“…Kapag tinanggap mo ang karangalang Pambansang Alagad ng Sining ay kailangang umasta kang isang Pambansang Alagad ng Sining. Isang haligi, isang bahagi ng pambansang sining, at isang huwarang mukha ng sektor na ating kinakatawan (When you accept the National Artist Award, you have to embody being National Artist. A pillar for national arts and role model to the sector we are part of),” Mr. Almario said, citing his experience at being tasked to make a speech at events (while wearing the heavy gold medallion), having his name announced on plane rides, and media or teachers asking questions or looking for his opinion on current issues.
“Dapat mong isipin na hindi mo dadanasin ’yun kung hindi ka National Artist. Bahagi iyong pagdangal sa iyo ng bayan… (You should think that you would not have such encounters were it not for your recognition as a National Artist. It is part of the nation’s praise for you),” he added.
Mr. Almario was speaking at the Main Theater of the Cultural Center of the Philippines (CCP) where on May 16, seven individuals who were named National Artists in 2018 were given a tribute.
The newest National Artists are cartoonist Larry Alcala (who was represented at the event by his wife Guadalupe Alcala), architect Francisco Mañosa (represented by wife Denise Mañosa), Hiligaynon writer and historian Ramon L. Muzones (represented by son Rex Muzones), writer and historian Resil Mojares, filmmaker Kidlat Tahimik, theater advocate Amelia Lapeña Bonifacio, and composer Ryan Cayabyab.
CCP Chairperson Maria Margarita Moran-Floirendo described the 2018 National Artists as individuals who have “promoted creative expression” and “helped develop our national cultural identity.
“Through their distinguished body of works that consistently displayed artistic excellence, they have forged new paths in directions for the future generations of artist while at the same time, preserved and enhanced our rich heritage. They have embodied the country’s highest ideals in the humanities and aesthetic expressions,” Ms. Moran-Floirendo said in her speech.
“Thank you for reminding everyone that are endless possibilities and opportunities in the field of arts. And for telling the people that there is more to arts than meets the eye, that art is more than just a hobby. It is a passion. It is a way of life,” she added.
During the tribute, the artists were honored through performances of their own works, such as Ms. Lapeña Bonifacio’s puppet play Sita & Rama: Papet Ramayana by Teatrong Mulat ng Pilipinas; Mr. Cayabyab’s song “Paraiso” as sung by Esang de Torres and the Ateneo Chamber Singers; a dance performance of the “Cordillera Suite” by the Ramon Obusan Folkloric Group; and a staged reading of a scene from Ramon Muzones’ Margosatubig by Audie Gemorra, Bong Cabrera, and Shiela Valderrama-Martinez.
In 1972, the Order of National Artist or Orden ng Pambansang Alagad ng Sining was established “to give appropriate recognition and prestige to Filipinos who have distinguished themselves and made outstanding contributions to Philippine arts and letters.” The nominated artists shall meet criteria which included “Artists who through the content and form of their works have contributed in building a Filipino sense of nationhood.”
In his speech, Mr. Almario noted that the recognition as a National Artist comes with great responsibilities.
“Mapanubok ang ating kasalukuyang lipunan at panahon… Hinintay tayong magpatunay sa ating kakayahang para umambag sa pagkakaisa at kaunlaran ng lipunang Filipino (Our current society and period pose challenges… They await our contributions for the unity and development of the Philippine society,” he said. — Michelle Anne P. Soliman

How Exactly To Stop Dating a man that is married

By | Best Foreign Bride Sites

How Exactly To Stop Dating a man that is married

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Secret Shortcuts to Essay regarding the composing Process Only the Experts learn about

By | Dissertation Writing Help

Secret Shortcuts to Essay regarding the composing Process Only the Experts learn about

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Simple Comparison Essay Writing Tips

By | Essay Writing

Simple Comparison Essay Writing Tips

Regardless of what your major is, you’ll surely go point where you will need to compose an evaluation essay. If analysis never ever had been your strong suit, then this article shall be of good used to you. Why don’t we have a closer glance at just how to compose an evaluation essay efficiently.

What exactly is a Comparison Constrast Essay?

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