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Wednesday, May 4, 2016

BIG shock for Mar Roxas, big businessmen chose Duterte as President~SHARE


Big businessmen know that the biggest problem in this country is drugs.  They also know Mar Roxas and Mar does not impress the businessmen.  For businessmen, what is important is peace and order, because business will crumble without peace and order.

All these talk about money in the bank is 'bulls**t' to them because they know that there are many ways of corruption and no one can be complete clean.

Read the Inquirer.net story about the results of the mock election held by the Philippine Stocks Exchange.  The mainstream newspapers have been trying to paint Duterte as anti-business, but those who know him disagree. He has made it easy to start a business in Davao and have very pro-business policies.

Here it is.

Biz Buzz: A shocker for MalacaƱang
By: the staff@inquirerdotnet Philippine Daily Inquirer
12:00 AM May 4th, 2016

The result of the mock election held by the Philippine Stocks Exchange (PSE) during its annual golf tournament last Saturday at Tagaytay Midlands should come as a big shocker to MalacaƱang and former Interior Secretary Mar Roxas. Or maybe not.

The results revealed that the who’s who of the Philippine business sector are apparently voting for presidential candidate Rodrigo Duterte. So apart from having the support of the masses, he also has the support of many of the country’s captains of industry.

In the same way that Duterte consistently topped surveys of the Social Weather Station (SWS) and Pulse Asia, the Davao City mayor was chosen as president by 49 voters-participants in the mock election that followed the PSE golf tournament.

Duterte was followed by Roxas with 38, Sen. Grace Poe with 21, Vice President Jejomar Binay with seven and Sen. Miriam Santiago getting two votes. Twelve were undecided.

The results of the PSE mock poll could indicate where the business votes are going (in favor of Duterte, the numbers show for now), despite the issues raised against him.

Why the support for Duterte? It would seem that his three- to six-month timetable for wiping out criminality in the country appeals strongly to crime-weary businessmen.

Incidentally, a recent mock poll conducted in no less than the Department of Finance—the bastion of the fiscal policies of “Daang Matuwid”—yielded even more surprising numbers.

Conducted before the allegations of undeclared bank deposits were leveled against him, Duterte garnered a stunning 88 votes among the employees of the DOF who are in charge of keeping the country’s finances in order. And you wouldn’t believe who came in second either: none other than Vice President Binay who got 58 votes. Coming in at third was Roxas with 54, while Poe had 43 and Santiago, 33. Twenty-six were undecided.

For the vice presidency, it was practically a statistical tie among the statistics-loving employees of DOF, with Leni Robredo getting 109 votes to Sen. Bongbong Marcos’ 106 votes. Sen. Alan Peter Cayetano slightly edged out Sen. Chiz Escudero, 26 to 23 votes.

The results, unexpected as they were, led several longtime DOF officials’ jaws to drop. Is this a precursor to the entire Philippines’ collective jaw dropping next Monday? Abangan!  Daxim L. Lucas

Rivalry for law talent, too

LIKE we at Biz Buzz said before, the rivalry between the high-flying lawyers of what was once called “The Firm” (that is, the former Villaraza, Cruz, Marcelo & Angangco, a.k.a. “CVC Law”) is as strong as ever.

As the firm has now split into two separate groups (Villaraza & Angangco retaining the monicker of “The Firm,” while the other side is the Cruz Marcelo Tenefrancia law office or CMT), they have been aggressively building up their respective arsenal of young and smart lawyers.

After Tuesday’s announcement of the results of the 2015 bar exams, Biz Buzz made inquiries with both groups as to how their new hires fared. Needless to say, both law firms had a 100-percent passing rate for all their new employees, which is, in itself, an impressive feat.

But our friends in V&A proudly proclaimed that one of their new lawyers was now a certified topnotcher, having ranked number five in the Top 10 with a mark of 86.7 percent. She was Canadian-Filipina Mandy Therese Anderson, who graduated from the Ateneo Law School.

Ah but the lawyers at CMT Law were prepared for this round of their regular one-upmanship game. They proudly announced that one of their new hires gained no less than the top—the absolute top—slot in the bar exams. Coming in at No. 1 was UP Law School’s Rachel Angeli Miranda with a grade of 87.4 percent, an associate at CMT.

Miranda, Biz Buzz learned, was an Inquirer scholar, a cum laude graduate of journalism in UP and won the Vicente Mendoza Prize for Best Paper in Review of Supreme Court Decisions (UP Law) and Best Thesis (undergraduate). She was also a member of the champion team for the 8th Monroe Price Media Law Moot Court Competition. Impressive credentials.

Who knows? Maybe these new lawyers from both firms (who are literally neighbors in Bonifacio Global City) can reconcile the way their elders could not? OK, maybe not.  Daxim L. Lucas
Comelec sigh of relief

WITH barely five days to go before the 2016 national elections, the Commission on Elections (Comelec) heaved a sigh of relief Tuesday after a Manila court reportedly junked last ditch efforts by a disqualified bidder to stop the poll body and its courier service provider from proceeding with the delivery of ballots and other election paraphernalia.

Millions of voters in northern and central Luzon, including the Cordilleras, could have been disenfranchised on election day had the court granted a temporary restraining order requested by Airfreight 2100 Inc., a company formerly controlled by Customs Commissioner Alberto Lina.
In a petition, disqualified bidder Airfreight 2100 sought to stop Comelec and the winning joint venture of 2GO Express Inc. and 2GO Logistics from enforcing a P429-million delivery contract covering Regions 1, 2 and 3 and the Cordillera Administrative Region (CAR).

Fortunately for the close to 6  million affected voters in northern and central Luzon, the judge reportedly threw out Airfreight 2100’s TRO plea for lack of merit. With only days to go before the May 9 national polls, Comelec and its courier service provider are still in a mad rush to complete deliveries of official ballots, non-accountable forms and ballot boxes. They expect to finish deliveries down to the municipal level in the next couple of days.

As of press time, Comelec data indicated that there were still 163,000 ballots for delivery in CAR; 96,000 in Region 2 and 5.5 million in Region 3. If 2GO Express and 2GO Logistics were barred by a TRO, Comelec insiders are looking at the worse-case scenarios of possible delay of the elections in affected areas depending on how long the TRO lasts or no elections in localities that do not have complete election equipment and ballots.

Thus, Comelec insiders said the timely dismissal of the TRO petition averted a potential ’revolution’ by millions of voters whose votes could swing the presidential election for or against particular candidates.  Daxim L. Lucas.


E-mail us at bizbuzz@inquirer.com.ph. Get business alerts and a preview of Biz Buzz the evening before it comes out. Text ON INQ BUSINESS to 4467 (P2.50/alert).

13 comments:

  1. Needless to say.... people want a total change. i grew up knowing how politics are known to be dirty here in the Philippines but it's high time we all wake up and face reality. We can not live forever like how our OLD Corrupt Gov't does. THERE MUST BE CHANGE IN ORDER FOR US TO RECOVER ALL WHAT WE'VE LOST. ITS TIME THAT A NEW SET OF GOOD LEADERS MUST CHANGE THE LIVES OF OUR COUNTRYMEN.

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    1. That's why my discrimination in political tradition still exist and they can't count my vote. Lol �� I need a changes first before they can count on me. hehe

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    2. That's why my discrimination in political tradition still exist and they can't count my vote. Lol �� I need a changes first before they can count on me. hehe

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  2. Filipinos nowadays are getting smarter, & badly need a total change, fed up to traditional politicians who failed to deliver their campaign promises, amazingly to know that even (some) from among the whos who & the business sectors down to the simpliest masses are optimistic to entrust good governance to Mayor Duterte.

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  3. Noticeably in rallies too, Duterte's followers wears whatever while in Roxas rallies, yellow shirts is evident. Needless to say, this is very trapo, giving away shirts while the other wears whatever and goes wholeheartedly to the rally, a massive one. I can sense the change so early now.

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  4. Here in Davao, we spent our own money to buy our t-shirts in support to Mayor Duterte. We want change and Mayor Duterte is the only iron man who can stop drugs..... the root of all crimes..... for a better Philippines. We'll vote for Duterte and by ourselves, we'll go to his grand rally on Saturday.

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  5. C du30 ang kailangan ng pilipino change is coming

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  6. COntinuity is it not change
    #ROxasRObredo

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  7. It is very nice that big businessmen finally come know that the biggest problem in this country is peace and order because business will crumble without peace and order. From foreign investors’ eyes, the Philippines is not popular for investments because of disorder, danger and corruption.
    Rivalry countries such as Thailand, Vietnam, Indonesia, Malaysia, etc. successfully invited more foreign investments, factories, jobs, exports, profits, salaries, tax revenues without working as OFW with separating sweethearts, family, friends……
    The 2015 Asia-Pacific Peace Index indicates that Philippines is the least Peaceful in Asia, with too much crimes, murders, etc. according the Institute for Economics and Peace. The Philippines needs to make much more peaceful to attract foreign investors which provide more factories, more jobs, more profits, more salaries, more taxes revenues, etc. Unless even stronger gun control is put into force, murder rate would not be dramatically reduced. The Philippines must get back safety just like other rivalry countries in Asia. The Philippines should not continue to stay as the most dangerous country in Asia if the nation loves the country and wishes to make the Philippines mayaman over years to come for children and grandchildren by attracting much more foreign investors who will build more factories, more jobs, more salaries, more tax revenues, etc. for the Philippines. To recover the confidence from foreign investors the Philippines needs to show a good track record over a long period of time in terms of the improvement of the political stability and security.

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  8. if the Government is Good, then the Business sector is also Good, corrupt official don't have a seat if President Duterte will implement Good Governance above all citizens this will implicate and a positive vision for Businessmen to expand and bring more jobs for all Juan dela Cruz... Go Digong

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