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Rundown (7AM) | ANC (17 March 2023)
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00:00.0
Pag-Iiwan
00:30.6
Paninoop, Bariban yourselves
00:37.2
Can you keep the lights on?
00:40.5
The greatest distractor of all time is actually COVID-19.
00:44.0
Because of limited mobility,
00:45.3
people are also not being able to go to physical branches, etc.
00:49.3
It further accelerated the adoption of consumers
00:53.5
of digital channels.
00:55.0
Who's helping out?
00:56.8
We are now being able to provide
00:59.6
the services needed by our citizens, by our consumers.
01:18.8
News with several leaders of economies today
01:21.1
reminded APEC leaders to focus on economic synergy
01:24.6
and cooperation on this year's APEC Summit.
01:27.6
Welcome to Boracay, the Philippines' most famous beach.
01:41.8
We have covered the journey of our young democracy.
01:45.0
In ANC, we were witnesses to the defining moments
01:48.2
of Philippine history that influenced the world.
01:58.0
We are the living proof of our country.
02:11.6
We talk to leaders.
02:13.3
We don't shy away from difficult conversations.
02:16.2
ANC Leadership Series.
02:19.5
We report about disruption and how the latest technology
02:22.7
and innovation have changed the way we live.
02:28.6
We tell stories about crisis,
02:30.6
but also about opportunities that came with it.
02:57.6
This is the Philippines.
02:59.6
And we are ANC.
03:28.6
ANC, the Philippines' most famous beach.
03:45.6
A woman of style is probably a modern woman.
03:48.6
Someone with subtle confidence
03:50.6
and someone who is true to herself.
03:53.6
Someone who knows who she is
03:55.6
and who's comfortable being her.
04:07.6
The Marie.
04:08.6
The Marie.
04:09.6
I love it.
04:11.6
It's really good.
04:12.6
I like it.
04:16.6
So we're giving you a complete guide
04:18.6
on quick getaways just around the city.
04:26.6
It's good.
04:27.6
It's good.
04:28.6
Just take it from me.
04:45.6
Good morning.
04:46.6
I'm Stanley Polisada.
04:47.6
And I'm Nikki De Guzman.
04:49.6
Join us as we give you the rundown of the news
04:51.6
you need to know today.
04:53.6
Our headlines.
04:54.6
Philippine lawmaker Arnulfo Tevez Jr.
04:56.6
to appeal the denial of his request
04:58.6
for a two-month extension of his leave of absence
05:01.6
from the House of Representatives.
05:05.6
The sunken oil tanker in Oriental, Lulu,
05:08.6
allegedly made from a scrap ship.
05:11.6
The Philippine Anti-Narcotics Agency
05:13.6
insists informants only get monetary reward
05:16.6
and not a portion of the seized drugs.
05:19.6
Senator Ronald de la Rosa will join us later
05:22.6
on the show for more on this.
05:25.6
And U.S. Treasury Secretary Janet Yellen says
05:28.6
America's banking system remains strong
05:31.6
despite the collapse of regional banks.
05:35.6
Welcome to the program.
05:36.6
The camp of Philippine lawmaker Arnulfo Tevez Jr.
05:39.6
confirms his request for a two-month leave of absence
05:42.6
was denied by House Speaker Martin Romualdez.
05:45.6
Tevez, who is facing criminal complaints
05:48.6
and is being tagged in the death of
05:50.6
Negros Oriental Governor Ruel de Gamo,
05:52.6
is currently abroad.
05:54.6
His legal counsel, Ferdinand Topacio,
05:56.6
says they are planning to appeal the Speaker's decision.
06:00.6
Romualdez has given Tevez until March 20
06:02.6
to come home and report for work.
06:07.6
In view of all the reckless accusations
06:11.6
that he is guilty,
06:14.6
that is one of his considerations.
06:16.6
And that is why it is said
06:18.6
that why is he hiding
06:21.6
if he is not guilty.
06:22.6
He is not hiding
06:24.6
the risks in his life.
06:32.6
The Philippine National Police
06:34.6
releases two of the six people arrested
06:36.6
during the March 10 raid
06:38.6
at the properties of lawmaker Arnulfo Tevez Jr.
06:41.6
One of them is his secretary.
06:43.6
The PNP says they were released
06:44.6
because the complaints against them
06:46.6
lack probable cause.
06:48.6
The remaining four are still under police custody
06:50.6
to determine the real owner of the firearms
06:53.6
and explosives seized during the raids.
06:56.6
Meanwhile, the police are waiting
06:57.6
for the decision of the Justice Department
06:59.6
on the complaints they filed
07:01.6
against Tevez and his two children.
07:05.6
We will monitor whatever the decision
07:08.6
of the Department of Justice,
07:10.6
whether they will issue a warrant of arrest,
07:12.6
if they will see the information
07:17.6
that we filed or the complaint,
07:22.6
I will materialize it.
07:31.6
Slain Negros Oriental Governor
07:33.6
Roel Degamo laid to rest Thursday
07:35.6
amid tight security.
07:36.6
Thousands turned out for his burial
07:38.6
to demand justice for the local official.
07:41.6
Degamo's widow, Pamplona Mayor Janice Degamo,
07:44.6
is also hoping those who killed her husband
07:47.6
will finally be caught.
07:49.6
She also did not hide her dismay
07:51.6
over the request of lawmaker Arnulfo Tevez Jr.
07:53.6
for a two-month extension
07:55.6
of his leave of absence.
07:59.6
Why did he ask for a two-month extension?
08:02.6
He can go home and face us.
08:07.6
Two-month extension doesn't make any sense.
08:10.6
Why?
08:11.6
If he heard that for the first time,
08:13.6
he was also afraid of security.
08:17.6
Degamo and eight others were killed
08:19.6
in an armed attack inside his private compound
08:21.6
on March 4.
08:25.6
The Philippine Anti-Narcotics Agency
08:27.6
insists informants only get monetary reward
08:30.6
and not a portion of seized drugs.
08:32.6
According to the Philippine Drug Enforcement Agency,
08:35.6
they may get as much as 2 million pesos
08:38.6
for providing information that would help
08:40.6
in the anti-illegal drug campaign.
08:43.6
PIDEA Director General Moro Virgilio Lazo
08:46.6
had earlier revealed a supposed practice
08:48.6
of rewarding informants with confiscated drugs,
08:51.6
but he later took back that claim.
08:56.6
That's what's authorized by law.
08:58.6
That's why I told them that it's not allowed.
09:02.6
I told them that it's not allowed.
09:05.6
All I can give you is monetary reward.
09:09.6
It's not bad to reward informants,
09:14.6
but not drugs.
09:16.6
And that should be properly documented.
09:22.6
For more on that story,
09:23.6
we now have with us Senator Ronald De La Rosa.
09:25.6
He's the chairperson of the Senate Committee
09:27.6
on Public Order and Dangerous Drugs.
09:29.6
Good morning, sir.
09:30.6
Thanks a lot for joining us.
09:32.6
Good morning, Stanley.
09:34.6
Good morning to all of us.
09:36.6
Thank you.
09:37.6
Alright, now the Philippine Drug Enforcement Agency chief
09:40.6
is taking back his claim of illegal drugs recycling,
09:44.6
saying it is not true that there is no such thing
09:47.6
as recycling illegal drugs seized as an incentive
09:50.6
to informants.
09:52.6
Now, what do you make of this story?
10:00.6
That story came out from him,
10:03.6
and now he's taking it back.
10:08.6
It goes to show that that system
10:13.6
is not really existing as an institutional practice
10:21.6
of PDEA.
10:23.6
But it is being, maybe if it is true,
10:28.6
it is being practiced by very, very few
10:36.6
of the rogue PDEA operatives.
10:40.6
Alright, Senator De La Rosa,
10:42.6
something like this,
10:44.6
taking it from PDEA chief Morovil Hilyo Laso,
10:47.6
who first said this was possible
10:50.6
and then, of course, he took it back.
10:52.6
Will this warrant an investigation?
10:55.6
Yeah, we have already started our investigation.
10:57.6
In fact, maybe that taking back of his statement
11:05.6
is already a manifestation that he realized
11:12.6
due to our investigation
11:15.6
that it is not really being practiced.
11:18.6
Because we have already started one session,
11:21.6
one hearing.
11:23.6
So, he heard from the mouth of his predecessors,
11:30.6
three of his predecessors,
11:33.6
former Director General of PDEA,
11:36.6
the system being, the system in place
11:40.6
and all the practices that is being observed
11:43.6
in the anti-drug operations of the PDEA.
11:47.6
Maybe that's why he recalled his statement.
11:51.6
Alright, will some form of administrative sanctions
11:56.6
be available perhaps for Chief Laso
12:01.6
regarding this incident?
12:03.6
Well, I don't think it will warrant
12:10.6
administrative sanction against him
12:13.6
because he was just being truthful.
12:18.6
He just said that somebody approached him
12:22.6
and offered him a project like that.
12:27.6
He just told the people.
12:32.6
He did not really say that it is being practiced.
12:37.6
His informant said that he just read the information
12:42.6
but he did not say that it is his first-hand information
12:45.6
that it is really being practiced.
12:49.6
He just said, according to his informant,
12:51.6
that practice is being practiced in the PDEA.
12:57.6
He did not really say that, he just read it.
13:00.6
So, we don't have to shoot the messenger in this case, Stanley.
13:04.6
Okay, now as you mentioned, it's being practiced,
13:07.6
possibly in the lower ranks.
13:09.6
To your knowledge, how did the PDEA chief
13:11.6
press the informants who claimed
13:13.6
they were seeking a 30% cut in kind
13:16.6
as a reward for providing information?
13:19.6
And perhaps, how does the agency usually deal
13:21.6
with these sort of indecent proposals?
13:25.6
Well, it's your call.
13:30.6
It's your decision-making.
13:32.6
If you really want to stop that informant,
13:37.6
then you can.
13:40.6
You have to force him to cooperate with the government
13:44.6
and make him a crucial blower in that case
13:49.6
so that the truth will come out.
13:52.6
Otherwise, this informant is just fooling you.
13:56.6
And even if he's not fooling you,
14:00.6
it's been a long time that we've been hoping for this practice.
14:04.6
He has to answer for what he has done.
14:09.6
Particularly in this practice.
14:11.6
This is really illegal.
14:13.6
But you know, in intelligence operations,
14:18.6
particularly in anti-drug operations,
14:20.6
it's hard to do that.
14:26.6
Otherwise, you can no longer recruit informants
14:31.6
if you do that.
14:34.6
Alam mo na, yung ganyang operation,
14:38.6
it requires yung trust between the action agent
14:45.6
and the handler.
14:47.6
Yes. Okay, Senator Dela Rosa,
14:49.6
in your years of experience in law enforcement,
14:51.6
is this really a possibility?
14:53.6
Is this happening?
14:54.6
I mean, that tipsters can make demands like this one?
14:57.6
And perhaps, is there any effort now
14:59.6
on the part of your investigation
15:01.6
to really get to the bottom of this,
15:03.6
out of those tipsters, if anything,
15:06.6
to discover possibilities that this is going on,
15:11.6
at least in the lower ranks?
15:13.6
Well, that is why I encouraged
15:17.6
Director General Mauro Lasso.
15:19.6
I told him during the hearing,
15:22.6
prudence dictates that you have to do this, sir.
15:28.6
It is incumbent on your part,
15:30.6
being the Director General of PDEA,
15:32.6
once that information reaches you,
15:34.6
you have to act on that.
15:36.6
Sabi ko, huwag mo dapat pabayaan yan.
15:38.6
Palo-upin mo, balikan mo yung informant na yan
15:40.6
at palo-upin mo talaga para malaman natin
15:43.6
ang katotohanan.
15:44.6
Dahil nga, it will cast doubt on you
15:47.6
pag walang mangyari may dumating na information
15:50.6
sa inyo na ganoon.
15:51.6
It is clearly illegal.
15:53.6
Dapat gawin mo.
15:55.6
And you know, not all operations naman
16:01.6
ng PDEA are through that means.
16:04.6
Sabi nga, il-explain nga ni former PDEA chief
16:07.6
General Wilkes Villanueva
16:10.6
that hindi siya tumatanggap na ganoon
16:14.6
mga informant dahil alam niya
16:16.6
mga dubyus character yan.
16:18.6
Ang karamihan niya na double agent.
16:21.6
Kumikita na being member ng SEDICATO,
16:24.6
pinapatira niya ang SEDICATO na yan
16:27.6
at the same time kumikita siya sa gobyerno
16:29.6
na nakahuli ng SEDICATO.
16:31.6
So kung itong mga tao na ito na matagal
16:33.6
lang gumagawa ng ganoon, namimiyasa,
16:35.6
din napakalaki ang role nila sa drug problem
16:38.6
ng ating bansa.
16:39.6
So sabi ni Wilkes Villanueva,
16:41.6
dapat ang ginagawa nila sa operations
16:44.6
ay intelligence-based talaga
16:46.6
na ang nag-propagate,
16:49.6
nag-develop ng information
16:52.6
yung PDA agent mismo talaga
16:55.6
hindi yung nag-rely lang sila sa informant.
16:57.6
Dahil minsan kapag nag-rely ka sa informant
17:00.6
yan nga, yung informant na yan
17:03.6
masyadong reliant ka doon
17:05.6
sila na ngayon imbis na babaligtad na yung role
17:08.6
imbis ang agent-handler,
17:10.6
yung PDA agent, yung handler
17:13.6
ang magkukontrol ng action agent
17:15.6
ang nangyari ngayon.
17:16.6
Itong action agent na na-informant
17:18.6
ang nagkukontrol sa handler.
17:20.6
Kasi sila na nag-de-demand ng 30%.
17:23.6
Susunod-sunod na lang yung handler.
17:25.6
Gusto niya maka-accomplice,
17:26.6
baka talagang pagbigyan niya yung gusto
17:29.6
ng itong role na informant na ito.
17:33.6
So dapat ganoon.
17:35.6
Ang nangyari, intelligence-driven
17:37.6
by the agent,
17:38.6
hindi by the agent.
17:42.6
Not doon sa informant na
17:45.6
pwede magiging double agent.
17:48.6
Senator Dela Rosa,
17:49.6
not to cast doubts on the integrity
17:51.6
of course of PDEA,
17:52.6
but how do you make sure
17:53.6
that this kind of negotiations
17:55.6
do not happen in the lower ranks?
17:57.6
I mean, are there any processes
18:01.6
within the organization
18:02.6
that serves as a vetting mechanism
18:05.6
or a checking mechanism
18:07.6
to make sure that incidents like these
18:10.6
do not happen?
18:14.6
Napakahirap gawa ng palisihan.
18:16.6
As I've said,
18:17.6
we really rely on yung pagbe-vet pa mismo.
18:23.6
Hindi lang sa informant.
18:25.6
The vetting process on the PDEA agent
18:28.6
or the anti-drug operative ng PNP,
18:32.6
yun talaga dapat ibe-vet.
18:34.6
Not so much on the agent.
18:36.6
Dahil sila maghahawak sa informant.
18:40.6
Yung mismo, yung police mismo
18:42.6
or yung PDEA agent dapat ibe-vet natin
18:44.6
ng gusto through yung internal
18:48.6
cleansing process natin,
18:49.6
itutuloy natin.
18:50.6
At yung system na in place dapat,
18:56.6
napakaganda yung strict implementation
19:00.6
ng body-worn camera.
19:01.6
Dahil nga, sabi nila kahit na meron silang
19:04.6
kasamang witness during raids
19:10.6
na kinakondak nila,
19:11.6
may witness silang from the media,
19:14.6
from the local population,
19:17.6
from the barangay.
19:18.6
Hindi naman ito sabay-sabay pumapasok doon sa area.
19:21.6
Dahil nga, nasa likuran itong witness
19:24.6
dahil i-secure mo na ang area.
19:26.6
So kung meron silang nakasuot na body-worn camera,
19:30.6
this is a full-front look,
19:32.6
hindi ito matatumper yung recording nito,
19:35.6
ay nakikita lahat ng movement ng mga agents doon sa loob.
19:40.6
Kapag ito nag-knockout na ng druga at silisavings,
19:43.6
nakikita yan lahat doon sa pag-review ng body-worn camera."
20:10.6
... Mahirap mag-compare kasi iba-iba yung strategy na ginagawa nila.
20:18.6
Iba yung strategy ng panahon ng Duterte,
20:21.6
iba rin yung strategy sa panahon ni President Marcos.
20:25.6
Then it will be subserving on my part,
20:28.6
being a part of the Duterte administration.
20:31.6
Kung i-compare ko, bahala na kayo mag-assist yan.
20:34.6
Bahala ng taong bayan na mag-assist.
20:37.6
Para sa akin, itong bansa na ito,
20:40.6
hindi ito titino kapag kamay-nabakal ang gagamitin mo dito.
20:49.6
So yan lang ang masasabi ko,
20:51.6
kailangan talagang kamay-nabakal ang papairan natin dito
20:54.6
para titino itong mga siraulo sa bansa na ito."
21:07.6
... when a scrap ship turned into an oil tanker.
21:10.6
That's how Philippine Justice Secretary Jesus Crispin Remulla
21:13.6
described the sunken MT Princess Empress
21:16.6
that caused the oil spill in Oriental Mindoro.
21:19.6
It was also revealed that the oil spill could have been prevented
21:22.6
if the ship heeded gale warnings.
21:25.6
More from Dennis Datu.
21:28.6
New findings on the sunken MT Princess Empress
21:32.6
which caused an oil spill in Oriental Mindoro.
21:35.6
Justice Secretary Boeing Remulla says
21:37.6
the tanker was not a brand new vessel
21:40.6
as initially claimed by the owners
21:42.6
but was actually a rebuilt scrap ship.
21:46.6
"... Mayroon misrepresentation sa sinumulat sa pool
21:49.6
noong nangyari itong kasong ito.
21:52.6
Noong unang meeting namin noong Sabado,
21:56.6
ang bitaw pa sa amin na sarita na
21:59.6
ang sinabi lang nila sa Coast Guard
22:01.6
ay bagong-bago itong barkong ito
22:03.6
at hindi pa na siya bago.
22:05.6
Ito yung luma na, scrap na,
22:08.6
scrap na siya na nirebuilt.
22:11.6
Una nirebuilt para maging RPG carrier
22:14.6
tapos nirebuilt na naman,
22:16.6
pinahaba para maging tanker."
22:19.6
Remulla says they have an affidavit
22:22.6
executed by a witness to probe this.
22:25.6
Remulla adds there were already gale warnings
22:28.6
last February 27.
22:30.6
"... February 28, madaling araw,
22:32.6
sinabihan na sila,
22:33.6
ano ang karagatan,
22:37.6
medyo mahirap,
22:39.6
daanan, daanan,
22:42.6
pero hindi repinasan, tumuloy pa rin sila."
22:45.6
Meanwhile, the Philippine Coast Guard
22:47.6
accompanied members of the media
22:49.6
to the location of the sunken vessel
22:51.6
to let them witness firsthand
22:53.6
what's being done to contain the oil spill.
22:56.6
The Japan Coast Guard Disaster Relief Team
22:59.6
also participated in the said activity.
23:02.6
Aside from the oil spill booms
23:04.6
deployed by the authorities within the area,
23:06.6
workers from Malayan Towage and Salvage Corporation,
23:09.6
who were tapped by the vessel owner,
23:11.6
continue to spray dispersants.
23:13.6
According to them,
23:15.6
they can collect 10 to 20 liters of thick oil per hour.
23:18.6
They are also applying a technique
23:20.6
taught by the Japan Coast Guard
23:22.6
to easily break apart thick oil deposits.
23:25.6
Ang inadvised daw po nila
23:26.6
ay yung tugboat,
23:28.6
sa nakita niyo po na
23:30.6
magbibigay ng dispersal
23:33.6
sa oil.
23:35.6
At sa likod po nila,
23:36.6
itong barko,
23:38.6
bubulabogin po yung oil
23:41.6
para mabulabog po yung oil
23:43.6
habang ginagamit po nila yung water canyon.
23:47.6
Nakakatulong yung pag-spray ng tubig
23:50.6
para panipisin niya yung makakapal na part
23:55.6
ng oil.
23:56.6
And mas madali siyang madisperse
23:59.6
pagka malilit yung oil.
24:01.6
Kaya yun yung use nitong water canyons natin.
24:05.6
Ang paggamit ng dispersal
24:07.6
ay yun yung last resort natin.
24:09.6
As much as possible,
24:11.6
ang gusto natin gawin ay
24:13.6
i-recover yung oil sa dagat.
24:19.6
Sa mabagitan po ng
24:21.6
pag-skimming
24:22.6
and then yung manual na
24:24.6
collection
24:26.6
dun sa mga na-collect natin
24:27.6
gamit ang oil spill boom.
24:29.6
Oil deposits continue floating
24:31.6
into the waters
24:32.6
and have already expanded
24:34.6
to 5 kilometers.
24:35.6
If not collected,
24:36.6
this may soon reach the shores.
24:38.6
According to Philippine Coast Guard,
24:40.6
at least 6,603 liters
24:43.6
of oily water mixture
24:45.6
and 57 sacks of contaminated materials
24:48.6
have been collected from the sea
24:50.6
and over 1,300 sacks
24:52.6
and 22 drums of contaminated waste
24:54.6
from 13 barangays in Pola and Nauan.
24:57.6
The Japan Coast Guard disaster team
24:59.6
meanwhile,
25:00.6
allows the effort exerted
25:01.6
by the Philippine Coast Guard
25:02.6
to contain the oil spill.
25:04.6
We also acknowledge
25:06.6
that these measures
25:08.6
taken by the PCG
25:10.6
and the Philippine authorities
25:12.6
have been contributing
25:14.6
to mitigating
25:16.6
the damage
25:17.6
from this disaster.
25:19.6
On Thursday morning,
25:20.6
a substantial amount
25:21.6
of oil spill
25:22.6
was detected
25:23.6
in Herrera Village
25:24.6
in Daohan Town
25:26.6
while traces of oil
25:27.6
were found
25:28.6
along the shores
25:29.6
of Situ Tuhud.
25:30.6
Dennis Datu,
25:31.6
ABS-CBN News,
25:32.6
Oriental, Mindoro.
26:01.6
Ms. Dana Sandoval,
26:02.6
good morning and thanks
26:03.6
for joining us again, Dana.
26:04.6
Good morning, Stanley.
26:05.6
Good morning.
26:06.6
Let's first talk about
26:07.6
the offloading incident
26:08.6
at Naia
26:09.6
where a passenger was asked
26:10.6
to provide
26:11.6
a yearbook photo
26:12.6
to prove
26:13.6
some form of educational attainment.
26:15.6
A yearbook photo,
26:16.6
I mean,
26:17.6
really, was this required?
26:19.6
Well, definitely
26:20.6
asking for a yearbook photo
26:22.6
is not part of the questions
26:23.6
of our immigration officers.
26:26.6
This got the management's attention
26:28.6
because while
26:29.6
the procedure of undergoing
26:30.6
secondary inspection
26:31.6
is really part of
26:33.6
the immigration officer's duties,
26:36.6
asking such questions
26:38.6
that might not really
26:41.6
be helpful
26:42.6
in knowing the background
26:43.6
of the person,
26:45.6
it's a cause for concern
26:46.6
of the management.
26:47.6
It's really the manner
26:49.6
on how the secondary inspection
26:51.6
was conducted
26:52.6
that we might see as
26:54.6
a cause for concern here.
26:56.6
And what did the personnel
26:57.6
wanted to prove at this point?
26:58.6
For this specific case?
27:00.6
By asking for a yearbook photo?
27:02.6
Yes.
27:03.6
Well, when we asked
27:04.6
the immigration officer involved,
27:06.6
he denied asking
27:07.6
for a yearbook photo.
27:09.6
But perhaps,
27:11.6
he was interested
27:12.6
in knowing the background
27:13.6
of the person
27:18.6
who went viral.
27:19.6
But definitely,
27:20.6
this is not part
27:21.6
of the regular questions
27:23.6
of immigration officers.
27:25.6
Alright.
27:26.6
Now, this incident
27:28.6
Ms. Sandoval,
27:29.6
what is the Bureau of Immigration
27:30.6
doing now
27:31.6
to address this incident?
27:33.6
And please tell us
27:34.6
what your investigation
27:35.6
has found out so far.
27:36.6
Have there been lapses?
27:38.6
Yes.
27:39.6
Well, we encourage feedback.
27:41.6
We really appreciate feedback.
27:43.6
And if there is nothing,
27:45.6
if there are anything
27:48.6
concerning travelers,
27:51.6
if you see something not nice,
27:53.6
or actions that you might think
27:54.6
that are unprofessional,
27:56.6
we encourage passengers
27:58.6
to immediately report it
28:00.6
to the Bureau of Immigration.
28:01.6
For this specific case, Stanley,
28:03.6
the immigration officer involved
28:05.6
was reassigned
28:06.6
to one of our back-end offices
28:08.6
and was removed
28:09.6
from the front lines.
28:11.6
Alright.
28:12.6
Have you reached out
28:13.6
to the complainant?
28:14.6
And what did she have to say?
28:16.6
From what I recall,
28:18.6
she submitted a complaint
28:20.6
via one of our social media portals.
28:22.6
But that complaint
28:23.6
is being processed already.
28:26.6
By our offices.
28:28.6
Alright.
28:29.6
Now, we know that the Bureau
28:31.6
is, of course,
28:32.6
stepping up its campaign
28:33.6
against human trafficking
28:34.6
and even illegal overseas employment,
28:36.6
which is probably why processes
28:38.6
at the airport have been stricter.
28:41.6
But there are other ways
28:42.6
of doing this
28:43.6
than our current processes,
28:44.6
which is making passengers
28:45.6
miss their flights
28:47.6
and inconvenience a lot of people
28:49.6
as they are offloaded.
28:51.6
Are there proposals
28:52.6
to at least change
28:54.6
a little of these processes
28:56.6
to be more considerate?
28:58.6
Yes, definitely.
28:59.6
We have initiated
29:01.6
a review of the procedures
29:03.6
at the airport
29:05.6
for those undergoing
29:07.6
secondary inspection.
29:09.6
We have been following
29:11.6
a department order
29:13.6
from the Department of Justice.
29:15.6
It's the Memorandum Circular No. 36,
29:18.6
if I'm not mistaken,
29:19.6
which serves as the guide
29:21.6
of our immigration officers
29:22.6
on how to conduct
29:23.6
the secondary inspection.
29:25.6
So we have initiated
29:26.6
a review of this.
29:27.6
Perhaps there are some matters
29:29.6
that needs to be updated
29:31.6
or reconsidered
29:33.6
following the latest developments
29:35.6
in trafficking,
29:37.6
in human trafficking.
29:39.6
Alright.
29:40.6
Speaking of human trafficking,
29:41.6
let's shift now
29:42.6
to crypto-scam trafficking.
29:44.6
What are the inroads
29:45.6
made by the Bureau of Immigration
29:47.6
as regards to this campaign?
29:50.6
Well, this human trafficking,
29:53.6
this crypto-scam trafficking,
29:54.6
is really still here.
29:56.6
You know, Stanley,
29:57.6
it's something that we see every day.
30:00.6
It seems like it's not stopping.
30:02.6
So we have shifted
30:05.6
maybe our focus
30:06.6
in the manner that we deliver
30:08.6
our reminders or our warnings
30:11.6
to those who are interested
30:13.6
to go abroad.
30:14.6
We have tried to go
30:16.6
to where they are receiving
30:18.6
these informations,
30:19.6
which is in social media,
30:21.6
via TikTok, via Facebook.
30:23.6
We have coordinated
30:25.6
with several social media platforms
30:27.6
to discuss ways
30:29.6
on how to combat
30:31.6
these illegal scammers
30:35.6
that try to entice
30:36.6
our kababayan
30:38.6
to work abroad
30:40.6
with such good offers,
30:42.6
double the salary,
30:44.6
so many incentives.
30:46.6
That is really tempting,
30:48.6
to be honest.
30:49.6
It's really tempting
30:50.6
for victims
30:52.6
when they see these offers.
30:54.6
So what we did is,
30:55.6
apart from our
30:57.6
strict border management,
30:59.6
we tried to send out
31:00.6
the information
31:01.6
in the channels
31:02.6
that these scammers
31:04.6
are using and abusing
31:06.6
to be able to counter
31:08.6
the misinformation,
31:10.6
the disinformation
31:11.6
that they are sending.
31:13.6
All right.
31:14.6
Lastly, this is Travel Season Anu
31:15.6
with many of our kababayans
31:16.6
flying overseas for vacations.
31:18.6
What improvements
31:19.6
can they expect to see
31:20.6
at the airport
31:21.6
in terms of maybe speed
31:23.6
or efficiency
31:24.6
of the processes there,
31:25.6
and what is your advice
31:27.6
to the traveling public?
31:29.6
Yes.
31:30.6
Soon we will be launching
31:31.6
the e-departure cards.
31:33.6
So instead of the usual
31:35.6
paper-based departure cards
31:37.6
that passengers are required
31:39.6
to fill out,
31:40.6
they would be going
31:42.6
to a website
31:43.6
similar to the e-arrival platform
31:46.6
where they would just
31:47.6
fill out the details
31:49.6
prior to their departure.
31:50.6
So it might seem
31:52.6
very small,
31:53.6
but for those who are
31:54.6
traveling in big groups,
31:55.6
it's really a big burden
31:57.6
that is being taken off.
31:59.6
It's really hard
32:00.6
to fill out so many forms
32:02.6
for the entire family.
32:03.6
So it's one thing
32:04.6
that we have initiated
32:07.6
to really help the public,
32:10.6
to really ease
32:11.6
the burden of the public,
32:12.6
especially now
32:13.6
during this season
32:15.6
when there are
32:16.6
a lot of travelers
32:17.6
and they say
32:18.6
revenge travel is real.
32:20.6
And we are expecting
32:22.6
a lot more passengers
32:23.6
for the next few weeks.
32:24.6
And when is the e-departure card
32:27.6
online supposed to begin?
32:31.6
Definitely within the month.
32:33.6
We are expecting it
32:34.6
to be launched this month,
32:36.6
ready for the peak season.
32:39.6
And in terms of our personnel,
32:41.6
we have beefed up our personnel.
32:44.6
All counters are fully manned.
32:46.6
We have maximized our personnel.
32:48.6
And we have also talked
32:49.6
to the airport authorities
32:51.6
on the expansion
32:52.6
of the immigration area
32:54.6
in Naia Terminal 3,
32:56.6
which is really
32:57.6
perhaps the most congested maybe
33:01.6
because it caters
33:03.6
to most of the flights
33:05.6
in and out of the country.
33:07.6
So it would be a big help
33:08.6
if we will be able
33:09.6
to add more immigration
33:10.6
counters to be able
33:11.6
to add more
33:12.6
immigration officers there.
33:14.6
All right.
33:15.6
On that note,
33:16.6
we thank you so much
33:17.6
for joining us,
33:18.6
Ms. Dana Sandoval,
33:19.6
spokesperson of
33:20.6
Philippine Immigration Bureau.
33:21.6
Good morning.
33:22.6
Thank you.
33:23.6
Good morning.
33:24.6
We're taking a quick break.
33:25.6
Up ahead,
33:26.6
President Ferdinand Marcos Jr.
33:27.6
tells the military
33:28.6
in Camarinasul
33:29.6
to be peacemakers.
33:30.6
And a discussion
33:31.6
on the Philippine government's
33:32.6
Balik Scientist Program
33:34.6
with Jan Vincent Sollesta
33:36.6
of local pharmaceutical company
33:38.6
Myriad Industries.
33:39.6
Here's a look
33:40.6
at the rundown
33:41.6
of terms stated.
34:09.6
In this episode,
34:10.6
we take a fresh look
34:11.6
at Manila's bar scene.
34:13.6
We'll visit the two new
34:14.6
speakeasy-style establishments,
34:16.6
experience unique
34:17.6
award-winning cocktails,
34:19.6
and an exclusive wine
34:20.6
and food pairing session.
34:24.6
Then we'll share
34:25.6
an insightful conversation
34:26.6
over a glass of cognac
34:28.6
with its CEO
34:29.6
of the world's largest producer
34:31.6
of the fine French spirit.
34:39.6
We'll visit the two new
34:40.6
speakeasy-style establishments,
34:42.6
experience unique
34:43.6
award-winning cocktails,
34:45.6
and an exclusive wine
34:47.6
and food pairing session.
34:50.6
We'll visit the two new
34:52.6
speakeasy-style establishments,
34:54.6
experience unique
34:55.6
award-winning cocktails,
34:57.6
and an exclusive wine
34:58.6
and food pairing session.
35:00.6
We'll visit the two new
35:02.6
speakeasy-style establishments,
35:04.6
experience unique
35:06.6
award-winning cocktails,
35:08.6
and an exclusive wine
35:10.6
and food pairing session.
35:31.6
We'll visit the two new
35:33.6
speakeasy-style establishments,
35:35.6
experience unique
35:37.6
award-winning cocktails,
35:39.6
and an exclusive wine
35:41.6
and food pairing session.
36:00.6
Welcome back to the Rundown.
36:11.6
The headlines across the web
36:13.6
inquires Banner Story Online.
36:15.6
A survey by the social weather stations
36:17.6
shows 69%
36:19.6
of unvaccinated Filipinos
36:21.6
remain unwilling to
36:23.6
get inoculated against COVID-19.
36:25.6
Philippine stars'
36:27.6
top story, the Philippine poll body
36:29.6
is ready to conduct plebiscites
36:31.6
to ratify the creation of two villages
36:33.6
in Marawi City.
36:35.6
This would be the first political exercise
36:37.6
in Marawi since the siege
36:39.6
in 2017.
36:41.6
Manila Bulletin's headline,
36:43.6
Philippine state insurer PhilHealth
36:45.6
reminds would-be mothers
36:47.6
that they can avail of a variety of benefits
36:49.6
to shield themselves
36:51.6
from financial risk.
36:53.6
And CNN Philippines' Banner Story,
36:55.6
the land transportation franchising
36:57.6
and regulatory board announces
36:59.6
the planned fair discount
37:01.6
on public utility vehicles will
37:03.6
only cover selected routes.
37:09.6
President Ferdinand Marcos Jr.
37:11.6
urges members of the military
37:13.6
at Camarillas Sur to be peacemakers
37:15.6
as the government changes its strategy
37:17.6
to combat communist rebels.
37:19.6
Marcos says this is among their plans
37:21.6
to encourage rebels to return
37:23.6
to the poll.
37:25.6
Also now
37:27.6
we are asking you to be
37:29.6
peacemakers because
37:31.6
we have changed our approach
37:33.6
to the
37:35.6
communist terrorist
37:37.6
groups that we have been
37:39.6
encountering. We are now
37:41.6
not only
37:43.6
presenting them with a military
37:45.6
force, we are presenting
37:47.6
them with other options.
37:49.6
We are presenting them with a life
37:51.6
after their
37:53.6
life as rebels.
37:59.6
Philippine senators
38:01.6
pushing for constitutional amendments
38:03.6
briefed civic groups
38:05.6
in Cebu province on details of their
38:07.6
proposal. The details from Shania
38:09.6
Torres.
38:11.6
Charter change proponents
38:13.6
Senator Robin Padilla consulted
38:15.6
various Cebu-based groups Thursday
38:17.6
about their thoughts on a hybrid
38:19.6
constitutional convention
38:21.6
recently approved by the lower house
38:23.6
compared to a constituent
38:25.6
assembly which is his preferred vehicle
38:27.6
to amend the charter.
38:29.6
He was joined by PDP Laban party
38:31.6
mate Senator Ronald De La Rosa.
38:33.6
Padilla argues only 46
38:35.6
million pesos will be spent
38:37.6
via CONAS if it's held
38:39.6
simultaneously with the village
38:41.6
and youth council elections in
38:43.6
October. But if it's
38:45.6
done separately, the cost balloons
38:47.6
to more than 13 billion pesos.
38:49.6
CONCON, according to Padilla
38:51.6
will need a budget of over
38:53.6
14 billion pesos if it's
38:55.6
part of local elections. But
38:57.6
the cost jumps to 28.5
38:59.6
billion pesos if conducted
39:01.6
separately. Padilla points out
39:03.6
the amount can be used to bankroll
39:05.6
several government initiatives like
39:07.6
supporting the pension of indigent
39:09.6
senior citizens, paying for
39:11.6
healthcare workers, or funding the
39:13.6
construction of more than 11,000
39:15.6
classrooms.
39:19.6
This is the result of
39:21.6
day-to-day life-seeking
39:23.6
and serving the people
39:25.6
who will benefit
39:27.6
from their
39:29.6
hard-earned money,
39:31.6
the 14.7
39:33.6
billion to
39:35.6
28.5 billion
39:37.6
that will be spent
39:39.6
in CONCON.
39:41.6
Padilla notes, relaxing the
39:43.6
constitution's conservative economic
39:45.6
provisions is crucial to attract
39:47.6
investors, an argument disputed
39:49.6
by Senate President Juan Miguel
39:51.6
Zubiri. Zubiri maintains,
39:53.6
government only needs to fully implement
39:55.6
the Public Services Act,
39:57.6
the Trade Liberalization Act, and the
39:59.6
Foreign Investment Act. The three
40:01.6
new economic laws aim to attract
40:03.6
more investments. These also
40:05.6
led him to question the delay in the
40:07.6
release of the implementing rules and regulations
40:09.6
of these laws.
40:11.6
Congressman Rufus Rodriguez, chairman
40:13.6
of the House Committee on Constitutional
40:15.6
Amendments, called Zubiri's statements
40:17.6
foul, adding that it is pure
40:19.6
speculation. Rodriguez
40:21.6
further argues, the House has
40:23.6
no control over the executive agencies
40:25.6
tasked to implement the three
40:27.6
laws by issuing implementing rules
40:29.6
and regulations. House Speaker
40:31.6
Martin Romaldes, on the other hand, says
40:33.6
their quick work in the lower House
40:35.6
is in the interest of improving
40:37.6
the economy and not for politics.
40:39.6
Former Economic Planning
40:41.6
Secretary Ernesto Perna sides
40:43.6
with Zubiri, saying government
40:45.6
should wait for the economic laws to be
40:47.6
fully implemented. He adds,
40:49.6
the Regional Comprehensive Economic
40:51.6
Partnership, or RCEP, must also
40:53.6
be supported because of its
40:55.6
huge trade benefits. RCEP
40:57.6
aims to establish clear rules
40:59.6
in doing trade and investments in the region
41:01.6
so that it will be more convenient
41:03.6
and competitive for Philippine
41:05.6
business and investors.
41:07.6
I would suggest that
41:09.6
we first attend to these
41:11.6
three bills that have
41:13.6
already been passed in Congress
41:15.6
but there is still a lack of
41:17.6
push and implementation.
41:19.6
On Monday, Padilla will
41:21.6
continue his CONCON consultation
41:23.6
hearing along with Congressmen.
41:25.6
Sherry Ann Torres,
41:27.6
ABS-CBN News.
41:31.6
An agriculture group says bringing
41:33.6
down the prices of rice to 20
41:35.6
pesos per kilo remains far-fetched.
41:37.6
SINAG is reacting to
41:39.6
President Marcos' claim
41:41.6
government is close to achieving his campaign promise
41:43.6
of lower rice prices.
41:45.6
The price of local rice
41:47.6
ranges from 34 to 42
41:49.6
pesos per kilo.
42:09.6
... Kung bumalik siguro
42:11.6
sa P800 ang patabang,
42:19.6
tapos ang fuel natin
42:21.6
wababa ng P32.
42:23.6
Yung seeds natin,
42:25.6
kung libre na ibigay
42:27.6
sa magsasaka,
42:29.6
tapos
42:31.6
ang
42:33.6
pain natin
42:35.6
nasa P25
42:37.6
P25 pesos
42:39.6
realistic pa eh.
42:41.6
One and a half years.
42:47.6
The Philippines has many experts
42:49.6
in the field of science and technology
42:51.6
but others are forced to work abroad
42:53.6
for better opportunities.
42:55.6
The Science and Technology Department wants to counter
42:57.6
that trend through its Balik
42:59.6
Scientist Program. We now have
43:01.6
with us Jan Vincent Soniesta,
43:03.6
Vice President of Laridan Industries,
43:05.6
and one of the COST's partners
43:07.6
in the program for one of their new
43:09.6
innovations. Good morning, Jan.
43:11.6
Thanks for joining us.
43:13.6
Good morning, Nikki. It's nice to be here.
43:15.6
Thank you for inviting me.
43:17.6
Alright. First off, can you tell us
43:19.6
more about your company, Laridan Industries?
43:21.6
How long have you been around?
43:23.6
Where are you located? What do you do?
43:25.6
Yeah, so Laridan Industries
43:27.6
is a
43:29.6
pharmaceutical company. We
43:31.6
basically manufacture pharmaceuticals,
43:33.6
cosmetics, and medical devices.
43:35.6
And we are
43:37.6
based here in Iloilo City.
43:39.6
So the current operations
43:41.6
is that we operate
43:43.6
in distribution
43:45.6
also in nationwide scale.
43:47.6
And tell us about this
43:49.6
new product developed by
43:51.6
Balik Scientists by partnering with you.
43:53.6
So
43:55.6
actually we have a new
43:57.6
product coming out. It will be
43:59.6
available in spray and gel form.
44:01.6
It has antibacterial properties
44:03.6
that will treat various skin infections.
44:05.6
So it is
44:07.6
inspired from a simple
44:09.6
ingredient that has been long
44:11.6
nourishing the ilogos.
44:13.6
So we all know it is
44:15.6
the good old
44:17.6
from heart-warming
44:19.6
KBL or
44:21.6
baboy lang katsu.
44:23.6
So our research shows that
44:25.6
this seed
44:27.6
has excellent antibacterial
44:29.6
properties against strains that are
44:31.6
already resistant to existing
44:33.6
antibiotics that causes
44:35.6
mild to severe skin
44:37.6
infections.
44:39.6
And what's next for
44:41.6
these products of beauty innovation?
44:43.6
When can we start
44:45.6
seeing them in
44:47.6
retail stores and the like?
44:49.6
Yeah, so basically the
44:51.6
project is now complete after
44:53.6
partnering with the
44:55.6
Balik Scientists, Dr. Darlene Dalisay
44:57.6
and Dr. Janelle Saludez
44:59.6
and their team.
45:01.6
We already published
45:03.6
our findings in scientific
45:05.6
peer-reviewed journals
45:07.6
and the product's shelf-life
45:09.6
determination is now
45:11.6
on the final stages of development.
45:13.6
So we
45:15.6
anticipate releasing the product
45:17.6
perhaps in the third quarter of this year.
45:19.6
Any other
45:21.6
innovations planned in the near future?
45:23.6
Any other industries that you're looking
45:25.6
to partner with?
45:27.6
Yeah, so
45:29.6
I think for the
45:31.6
local industries or for
45:33.6
the
45:35.6
it's a good start to work
45:37.6
with DOSD and also with Balik
45:39.6
Scientists, especially for the
45:41.6
SMEs here in the Philippines because
45:43.6
it's one way for the company
45:45.6
to innovate and to set
45:47.6
apart from competition.
45:49.6
So working with DOSD and getting
45:51.6
approved funds
45:53.6
would allow companies
45:55.6
to become
45:57.6
more innovative
45:59.6
and to produce products that are
46:01.6
beneficial for Filipinos.
46:03.6
And what are the
46:05.6
challenges that local firms
46:07.6
usually face when it comes to improving
46:09.6
their research and development here
46:11.6
in the country?
46:13.6
Yeah, so with regards
46:15.6
to research and development, I think
46:17.6
local companies doesn't have
46:19.6
enough scientific
46:21.6
know-how on how to do proposals
46:23.6
on how to do
46:25.6
market or
46:27.6
academic research
46:29.6
because that's the strength
46:31.6
of the academe. But perhaps
46:33.6
when
46:35.6
the company tried
46:37.6
to collaborate more with the academe,
46:39.6
they will have a technical
46:41.6
know-how on how to do research proposals.
46:43.6
So I think that is
46:45.6
one of the good
46:47.6
experiences that we had with DOSD
46:49.6
Balik Scientists,
46:51.6
with Dr. Doralinda Lisay and Dr.
46:53.6
Genocidio Desteg, and
46:55.6
with different projects. And that's
46:57.6
how we were able to come up with different
47:01.6
studies and researches
47:03.6
that we think that
47:05.6
could benefit the quality of
47:07.6
life of Filipinos.
47:09.6
And how can we
47:11.6
help popularize
47:13.6
profitable opportunities of local businesses
47:15.6
by partnering with the DOSD
47:17.6
to create new products?
47:19.6
I think
47:21.6
we, aside
47:23.6
from the scientific
47:25.6
discoveries that we have
47:27.6
together with the DOSD Balik Scientists,
47:29.6
one way also
47:31.6
that the local
47:33.6
pharmaceutical companies or local
47:35.6
agencies should learn is to
47:37.6
how to market well the products.
47:39.6
So it's not only based on
47:41.6
the new scientific
47:43.6
discovery, but there should
47:45.6
be a market and
47:47.6
scientific fit so that
47:49.6
the market
47:51.6
will be able to
47:53.6
allow
47:55.6
these products to be
47:57.6
accepted by the people.
47:59.6
Alright, on that note,
48:01.6
all exciting things ahead. Thank you so much for joining
48:03.6
us this morning. Jaan, you may stay safe.
48:05.6
Thank you, Nikki.
48:09.6
The Philippine Health Department says
48:11.6
the lack of information about the human
48:13.6
immunodeficiency virus or
48:15.6
HIV remains the common cause
48:17.6
of the transmission of the disease in the
48:19.6
country. And as Rafael
48:21.6
Bosano tells us, more people are still afraid
48:23.6
of getting tested, let alone
48:25.6
seek treatment.
48:27.6
Lorenz Olleres
48:29.6
tested positive for the human
48:31.6
immunodeficiency virus in 2013.
48:33.6
It's been 10 years since
48:35.6
and looking back, he admits he didn't
48:37.6
have enough information about the virus.
48:39.6
I do have
48:41.6
regrets. If I only knew
48:43.6
that there is HIV
48:45.6
already way back 2013
48:47.6
in the Philippines, I would
48:49.6
really use protection,
48:51.6
really use condoms.
48:53.6
Data from the Philippine Health Department
48:55.6
show that of the over 1,400
48:57.6
newly diagnosed HIV
48:59.6
positive individuals in January
49:01.6
2023, 79 of the
49:03.6
86 newly reported cases are
49:05.6
10 to 19 years old, and the
49:07.6
remaining seven are younger than 10 years
49:09.6
old. Majority of the new cases
49:11.6
acquired the virus through male
49:13.6
to male sexual contact.
49:15.6
Some were infected by having sex with both
49:17.6
males and females, while five
49:19.6
got the virus through heterosexual
49:21.6
intercourse. The DOH
49:23.6
sees a myriad of reasons as to why
49:25.6
the number of adolescents getting infected
49:27.6
has increased. It is not
49:29.6
just lack of awareness, but
49:31.6
it might also be peer pressure,
49:33.6
especially their adolescence.
49:35.6
Ngayon po napansin natin among the
49:37.6
young individuals who are
49:39.6
practicing unsafe sex,
49:41.6
they already have social
49:43.6
media applications where they can
49:45.6
meet and chat, and then
49:47.6
ito na po yung ginagamit ng mga kabataan
49:49.6
natin ngayon para sila ay
49:51.6
magkaroon itong mga ganitong klaseng
49:53.6
pagkikita at illicit behavior.
49:55.6
As an HIV awareness
49:57.6
advocate, Lawrence says some
49:59.6
adolescents have reached out to him through
50:01.6
social media to ask for advice.
50:03.6
Ang common
50:05.6
worry talaga nila is
50:07.6
because they're young,
50:09.6
they're afraid
50:11.6
to get tested, they're afraid
50:13.6
to get to seek treatment.
50:15.6
Kirap din sila sabihin yun sa
50:17.6
family members nila. I always tell
50:19.6
them, what is your dream?
50:21.6
Ano yung pangarap mo sa buhay?
50:23.6
Because if you want
50:25.6
to pursue that dream,
50:27.6
you have to seek treatment.
50:29.6
You have to seek treatment.
50:31.6
You have to get tested.
50:33.6
In the Philippines, access to tests
50:35.6
and antiretroviral treatments are
50:37.6
free, which is why infectious diseases
50:39.6
specialist Dr. Ronjin Solante
50:41.6
advises people testing positive for HIV
50:43.6
to immediately avail
50:45.6
of these services.
50:47.6
The most important part of treating is during the time
50:49.6
that they are still asymptomatic
50:51.6
or during the time na wala pa silang
50:53.6
mga symptoms. Because when you treat
50:55.6
an individual, ang isang individual
50:57.6
treated because they're positive,
50:59.6
magagay na yan na hindi na siya makatransmit
51:01.6
the infection, even if it's positive.
51:03.6
If you're going to a relationship,
51:05.6
be faithful to your partner.
51:07.6
That is the key
51:09.6
of not
51:11.6
getting infect your partner in terms
51:13.6
o lalo-lalo na
51:15.6
sa HIV. If you are wanting
51:17.6
to do sexual
51:19.6
interaction with other people,
51:21.6
always use protection.
51:23.6
Get tested.
51:25.6
HIV is not a joke.
51:27.6
remains active on social media to spread
51:29.6
awareness about the virus, hoping
51:31.6
that through this, people would have enough
51:33.6
knowledge to make an informed decision.
51:35.6
Rafael Bosano,
51:37.6
ABS-CBN News.
51:41.6
News overseas now.
51:43.6
U.S. Treasury Secretary Janet Yellen
51:45.6
says America's banking system
51:47.6
remains strong. That's despite the
51:49.6
growing regional banking crisis
51:51.6
triggered by the collapse of California-based
51:53.6
lender Silicon Valley Bank.
51:55.6
Speaking to the Senate Finance
51:57.6
Committee, Yellen also said emergency
51:59.6
measures to protect SBB
52:01.6
and enhance banking liquidity will
52:03.6
not hurt taxpayers.
52:07.6
I can reassure the members of the committee
52:09.6
that our banking system is
52:11.6
sound and that Americans can
52:13.6
feel confident that their
52:15.6
deposits will be there when they need
52:17.6
them. Importantly, no taxpayer
52:19.6
money is being used
52:21.6
or put at risk with this action.
52:23.6
Deposit
52:25.6
protection is provided by the
52:27.6
Deposit Insurance Fund, which
52:29.6
is funded by fees on banks.
52:33.6
After the collapse of Silicon
52:35.6
Valley Bank, U.S. regulators
52:37.6
moved to close down New York-based
52:39.6
Signature Bank. Another regional bank,
52:41.6
First Republic, has also come under
52:43.6
threat. But just yesterday,
52:45.6
Thursday, a group of financial institutions
52:47.6
came to the rescue with a
52:49.6
$30 billion deposit pledge
52:51.6
move that aims to shore up confidence
52:53.6
in the U.S. banking system.
52:57.6
The European Central
52:59.6
Bank sticks with its plan for a big
53:01.6
rate hike despite the ongoing volatility
53:03.6
in the financial markets. The ECB
53:05.6
raised interest rates by 50
53:07.6
basis points, as promised
53:09.6
on Thursday, noting that
53:11.6
inflation is projected to remain
53:13.6
too high for too long.
53:15.6
It has assured the public
53:17.6
that it is monitoring the current
53:19.6
market tensions and stands ready
53:21.6
to respond to preserve financial
53:23.6
stability. The Central Bank's
53:25.6
top bosses also moved to claim
53:27.6
or to calm nerves over
53:29.6
worries about Credit Suisse,
53:31.6
which was hit by contagion fears
53:33.6
from the U.S.
53:35.6
Looking at the exposure,
53:37.6
for instance, to, you know,
53:39.6
to Credit Suisse,
53:41.6
they are quite limited.
53:43.6
And, you know, there is no
53:45.6
concentration. There is no single
53:47.6
party that concentrates a large
53:49.6
part of that exposure.
53:51.6
The euro area banking sector is
53:53.6
resilient with strong
53:55.6
capital and liquidity
53:57.6
positions.
53:59.6
In any case, our policy
54:01.6
toolkit is fully
54:03.6
equipped to provide liquidity
54:05.6
support to the euro area
54:07.6
financial system if needed
54:09.6
and to preserve the smooth
54:11.6
transmission of monetary
54:13.6
policy.
54:17.6
Now, here's some
54:19.6
economic data releases we're monitoring
54:21.6
at this Friday, March 17.
54:23.6
The Philippines will announce the government
54:25.6
budget deficit for the first month
54:27.6
of the year. It widened to
54:29.6
378.4 billion
54:31.6
pesos in December. And Singapore,
54:33.6
meanwhile, will report its balance of trade
54:35.6
figures in February. The country
54:37.6
reported a trade surplus of
54:39.6
6.3 billion U.S. dollars in January.
54:41.6
And the U.S. will release
54:43.6
its latest industrial production numbers.
54:45.6
It increased 0.8%
54:47.6
year-on-year in January.
54:51.6
Philippine Weather Bureau,
54:53.6
Pagasa, says the dry or hot
54:55.6
season is just around the corner.
54:57.6
Pagasa forecaster Alzar Aurelio
54:59.6
now joins us on the line
55:01.6
for more on this. Good morning, Alzar.
55:03.6
Hello, good morning Stanley
55:05.6
and also to all
55:07.6
televiewers. Yes,
55:09.6
the hot, dry season
55:11.6
is just around
55:13.6
the corner because the
55:15.6
northeast monsoon continues
55:17.6
to weaken.
55:19.6
At this
55:21.6
moment, northeast monsoon is still affecting
55:23.6
northern and central zone.
55:25.6
So for today,
55:27.6
we continue to experience
55:29.6
generally fair weather
55:31.6
over Metro Manila
55:33.6
and also different parts of the country.
55:35.6
But we expect
55:37.6
isolated rain showers
55:39.6
due to thunderstorms,
55:41.6
especially over Visayas
55:43.6
and Mindanao.
55:45.6
There's no good warning, so
55:47.6
to our
55:49.6
fisher folks,
55:51.6
our advice
55:53.6
to take a little bit
55:55.6
free
55:57.6
to venture
55:59.6
out into the sea
56:01.6
over the whole country.
56:03.6
The low-pressure area east of
56:05.6
Visayas has dissipated
56:07.6
and around
56:09.6
early this morning.
56:11.6
That's our weather update from
56:13.6
Pagasa. I'm Alzar D. Aurelio.
56:17.6
Thank you so much for the weather update, Alzar.
56:21.6
Now before we go,
56:23.6
a Danish company is getting ground
56:25.6
for its business of growing agricultural
56:27.6
produce through vertical farming.
56:29.6
Take a look.
56:31.6
At this 14-story
56:33.6
tall farm on the outskirts of
56:35.6
Copenhagen, you'll find everything
56:37.6
from lettuce to kale
56:39.6
and thyme growing vertically.
56:41.6
After three years
56:43.6
in business, Nordic Harvest Farm
56:45.6
is now looking to expand its
56:47.6
output and production.
56:49.6
So right now we are planning to expand
56:51.6
in Germany, Norway and Sweden
56:53.6
over the next three
56:55.6
years. Anders
56:57.6
Ryman is the founder and CEO
56:59.6
of Nordic Harvest.
57:01.6
Before this venture, he was a business
57:03.6
analyst at a shipping company
57:05.6
and also worked at a bank.
57:07.6
I was frustrated that
57:09.6
traditional
57:11.6
agriculture practices did not cater
57:13.6
for using less
57:15.6
space than we do today.
57:17.6
So after
57:19.6
a lot of thinking, I found
57:21.6
out that maybe vertical
57:23.6
farming would be able to produce
57:25.6
much more food on an optimized
57:27.6
space inside cities without
57:29.6
use of pesticides and
57:31.6
to cater for agricultural land
57:33.6
to be converted back into
57:35.6
their original state, namely forests.
57:37.6
Nordic Harvest was
57:39.6
established in 2020.
57:41.6
This 75,000 square
57:43.6
foot warehouse opened a year later.
57:45.6
During that time, the
57:47.6
company has experimented with different
57:49.6
seeds to improve their yield,
57:51.6
tweaking what they grow and the
57:53.6
settings for the plants to grow in.
57:55.6
What we discovered in the last three years
57:57.6
is that it's actually much
57:59.6
more difficult to grow plants
58:01.6
in this environment
58:03.6
than we
58:05.6
expected. When you grow
58:07.6
in a laboratory, it's a completely
58:09.6
different story from when you grow in
58:11.6
a production facility.
58:13.6
Some plants now have a yield
58:15.6
several times greater than when the company
58:17.6
first started production.
58:19.6
For example, they can harvest
58:21.6
certain types of lettuce 30 times
58:23.6
a year. Nordic Harvest
58:25.6
is now looking into the possibility of
58:27.6
recycling the roots from their produce.
58:29.6
In terms of possibilities
58:31.6
developing the business
58:33.6
when you have a production facility
58:35.6
like ours, then there will be tons
58:37.6
of opportunities to
58:39.6
dig within
58:41.6
the circular economy.
58:43.6
For instance, when we harvest, we have
58:45.6
green roots which we can
58:47.6
either ferment and put in
58:49.6
our fertilizer or maybe we can
58:51.6
use them as medium to grow mushrooms
58:53.6
or other things, so we are
58:55.6
investigating this a bit.
58:59.6
Hi.
59:03.6
And that's the rundown today.
59:05.6
I'm Stanley Palisade. You can watch highlights,
59:07.6
recaps, and exclusive content of
59:09.6
our shows online.
59:11.6
And I'm Nikki De Guzman. Subscribe to the
59:13.6
ANC YouTube channel, like us on Facebook, and
59:15.6
follow us on Twitter. Headstart comes your way next.
59:17.6
Stay with ANC.
59:29.6
Music
59:31.6
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