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Duterte raises loan budget for vendors, small businessmen to curb “5-6”

by UNTV News and Rescue   |   Posted on Thursday, June 14th, 2018

FILE PHOTO: President Rodrigo Duterte at a press briefing in Cebu after his arrival from his official visit to Korea.

QUEZON CITY, Philippines – President Rodrigo Duterte ordered an increase in the loan budget for vendors and small businessmen, according to Agriculture Secretary Manny Piñol.

Piñol said the President made the directive on Monday, June 11, during their regular Cabinet meeting.

Secretary Piñol cited Trade and Industry Secretary Ramon Lopez as saying that vendors and retailers resorting to “5-6” lending scheme are forced to increase the prices of their products. Such lending scheme collects up to 20% interest.

“So the tindera will have to come up with a margin of profit that will cover the 20% interest that she has to pay to the usurer on a daily basis and the mark up for her profit,” Piñol explained.

Based on DTI’s study, “5-6” lenders already have more than P30 billion collectible amount scattered across the country.

“So iyon ang kailangang tapatan ng gobyerno because unless we do that, it will be the consumers who will be at a great loss. Because they are actually the ones paying the interest of the 5-6 utang of the tinderas,” explained Secretary Piñol.

DTI’s budget for the loan program is currently P1 billion. It will be raised to P5 billion as ordered by the President.

Piñol added that at present, the government has existing loan programs for food producers such as farmers and fishermen to aid in their expenses. – Rey Pelayo / Marje Pelayo

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Duterte says camp visits, whitening cream caused skin discoloration

by UNTV News and Rescue   |   Posted on Friday, October 19th, 2018

 

FILE PHOTO: President Rodrigo Duterte graces the 3rd Inflammatory Bowel Disease Clinical Forum of the Asia Pacific Association of Gastroenterology (APAGE) held at Shangri-La’s Mactan Resort and Spa in Lapu-Lapu City, Cebu on September 21, 2018. | PCOO

MANILA, Philippines – President Rodrigo Duterte explained the reason behind the skin discoloration on his face which critics like communist leader Joma Sison has been linking to a serious medical condition.

The President noted that the darkening of his skin was a result of sunburn from prolonged exposure to the heat of the sun during a visit in Jordan and from a series of visits to military camps across the country.

“Pumunta ako ng Jordan, sunog na ito. Pumunta ako ng kampo every week, pumunta ka ng kampo sa bukid, pinakamalayong kampo lumilipad ako dun,” he said during a speech at the 44th Philippine Business Conference and Expo in Manila on Thursday (October 18).

(When I went to Jordan my skin was already burnt. I go to military camps every week. I go to the farthest camps in the fields.)

The condition of his skin worsened, according to the President, when he tried the whitening cream used by his long-time partner, Honeylet Avanceña.

“Kasi ang ginamit ko kasi, sa asawa ko. Sabi niya, cream lang yan, may 1, 2, 3, 4… ngayon lang ako nakakita ng medisina na parang rocket, parang booster…Iyong sa asawa ko, okay na. Pag tingin ko, bakit nangitim ako lalo?” the President recalled when he noticed the changing in his skin color.

(I use the cream my wife uses. She said there are 1,2,3,4 steps…it’s my first time to see a medicine that’s like a rocket; it has a booster. It worked well on my wife, but when I tried it, my skin got darker.)

The President admitted consulting a dermatologist about his skin condition who advised him to use only specific skin care products.

“Sabi niya: ‘Ito lang ang gamitin mo. Pati ito lang. Iyan lang. Iyong iba huwag mo nang gamitin (dahil) mas lalo kang iitim’,” he said referring to an advice from his dermatologists.

The President aimed at critics who are questioning his health condition due to his skin discoloration.

“Third stage cancer of the brain? So what else? I have kidney problem, part of it is already gone. And my heart beats 120 miles per hour. Who won’t I die? Just wait,” he said.

“Para sa akin ang lalaki (For me, the true measure of a man) is not really the color of the face but it’s the character,” the President concluded. – Marje Pelayo (with reports from Rosalie Coz)

 

 

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Locsin, Bautista take oath as new Cabinet members

by UNTV News and Rescue   |   Posted on Thursday, October 18th, 2018

Newly-appointed Foreign Affairs Secretary Teodoro Locsin Jr. and newly-appointed Social Welfare and Development Secretary Rolando Bautista. SIMEON CELI JR./PRESIDENTIAL PHOTO

MANILA, Philippines – President Rodrigo Duterte presided over the oath taking of two new members of his Cabinet at Malacañan Palace on Wednesday (October 17).

Philippine Ambassador to the U.N. Teddy Boy Locsin will now lead the Department of Foreign Affairs (DFA) while Retired Army Chief General Rolando Bautista will now head the Department of Social Welfare and Development (DSWD).

Locsin replaced Alan Peter Cayetano who is now running for congressman of Taguig City.

Bautista, meanwhile, took over the position previously held by DSWD Acting Secretary Virginia Orogo. – UNTV News & Rescue

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Duterte signs admin’s first oil exploration service contract with Israeli firm

by UNTV News and Rescue   |   Posted on Thursday, October 18th, 2018

 

President Duterte signs the Petroleum Service Contract for East Palawan Area during a ceremony held at the Malacañan Palace on October 17, 2018. | PCOO/Rolando Mailo

MANILA, Philippines – President Rodrigo Duterte signed on Wednesday (October 17) an oil and petroleum exploration deal with an Israel firm in line with the government’s “effort to attain energy security and sustainability at the soonest time possible.”

The Department of Energy (DOE) initiated the ceremonial signing of the Petroleum Service Contract (PSC) covering Area 4 or the East Palawan Basin under the Fifth Philippine Energy Contracting Round (PECR) of the DOE.

“The PECR was established as a transparent and competitive system of awarding service or operating contracts for prospective petroleum or coal areas within the country,” the DOE explained on its website.

President Duterte and Energy Secretary Alfonso Cusi signed the PSC on behalf of the Philippine government while Mr. Itay Rapahel Tabibzada, president and CEO, signed for the Israeli firm Ratio Petroleum Ltd.

The PSC is the first petroleum service contract signed under the Duterte administration.

“The President has been very clear – our country needs to attain energy security and sustainability at the soonest possible time. We are currently experiencing how our dependence on importation has left us at the mercy of price movements in the global oil markets. We need to boost the exploration and development of our own energy resources and the awarding of the petroleum service contract to Ratio Petroleum is a step in the right direction,” Secretary Cusi was quoted as saying.

Under the contract, Ratio Petroleum Ltd would be able to conduct exploration activities in about 416,000 hectares of the East Palawan Basin for potential energy resources for a period of seven years. – Marje Pelayo

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