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On Calax and the DAP

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The bidding for the Cavite-Laguna Expressway (Calax) has become very controversial, with the San Miguel Corp. Group, which had the highest bid of P20.1 billion premium payment to the government, appealing its disqualification at the Office of the President. The SMC Group’s bid premium is substantially higher than that of the winner Team Orion, a 50-50 joint venture between Ayala’s AC Infrastructure Holdings Corp. and Aboitiz Land’s bid of P11.65 billion.

Posted: July 26th, 2014 in Columnists,Columns,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Corruption pays

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The past few weeks have sadly again confirmed that in this country, corruption pays. The announcement of the Commission on Elections that it could no longer go after former commissioner Virgilio Garcillano and a number of other Comelec officials for possible violations of the Election Code in connection with the alleged rigging of the 2004 presidential election results in Mindanao was very disheartening. It’s as if the infamous “Hello Garci” conversation that almost toppled the Arroyo administration never happened; the fraud perpetrators will go unpunished, and the people who obstructed justice by coming up with their own version of the tape were amply rewarded.

Posted: May 24th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Hidden taxes

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The proposal of Sen. Sonny Angara to reduce the top income tax rate for individuals, which is currently 32 percent, to 25 percent by 2017 has surprisingly been welcomed by Malacañang, at least for the matter to be thoroughly studied and to possibly include as well the regular corporate income tax rate, which stands at 30 percent.

Posted: March 15th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Toward lower electricity rates

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The cost of electricity for Manila Electric Co. consumers reached record highs last December, which eventually led to a temporary restraining order issued by the Supreme Court. Meralco blamed this pass on Wholesale Electricity Spot Market prices, which reached record highs purportedly because of the reduced supply of electricity due to the Malampaya gas fields maintenance shutdown and scheduled and unscheduled shutdowns of other power plants. The general public was outraged, and blamed Meralco for the high electricity costs and the Energy Regulatory Commission (ERC) for its perceived failure to rein in these costs.

Posted: January 17th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Lessons learned (hopefully) from ‘Yolanda’

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Supertyphoon “Yolanda” wrought immeasurable damage and havoc to the people of Tacloban City and others in its deadly path. The preparations proved inadequate because no one expected the typhoon to be that strong.

Posted: November 16th, 2013 in Columns,Editor's Pick,Featured Columns,Inquirer Opinion | Read More »

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