Mga Panghitabo (News)

June 9, 2008

Tumor in Rudy Fernandez’s body shrinks, wife announces

Filed under: Local News - Administrator @ 11:49 am

 rudy fernandez

Tumor in Rudy Fernandez’s body shrinks, wife announces

INQUIRER.net
First Posted 10:27am (Mla time) 05/10/2007

MANILA, Philippines — The tumor in Rudy Fernandez’s body has shrunk, giving the action star a major victory in his battle against ampullary cancer.

Rudy’s wife, multi-awarded actress Lorna Tolentino announced the good news to her friends in the entertainment industry, which has given the ailing actor an outpouring of support since being stricken with the deadly disease earlier this year.

In a text message, Lorna said his scheduled Radio Frequency Abulation (RFA) in Tokyo will be held in abeyance due to the development that has proven his chemotherapy at a local hospital is working.

Days ago, Lorna announced that Rudy was having second thoughts about going to Tokyo for the treatment because of the numerous procedures and documentation the Japanese embassy is requiring them. Rudy, Lorna said, was considering full treatment at local hospitals instead.

Lorna has appealed to family, friends, showbiz industry co-workers, and Rudy’s fans and followers to continue praying for the actor.

More fans continue to arrive at Daboy’s wake in Taguig

Filed under: Local News - Administrator @ 11:45 am
 
 rudy fernandez

More fans continue to arrive at Daboy’s wake in Taguig

 
MANILA, Philippines - Hundreds of fans continue to flock to Heritage Park in Taguig City to view the remains of the late actor Rudy Fernandez Monday morning, GMA’s Flash Report said.

GMA News’ Mariz Umali reported that since the memorial park’s security personnel opened their gates to the public about 8 in the morning, the fans of the late actor continue to pour in.

The report said the line of fans wanting to take a last glimpse at Fernandez was orderly as marshals have been deployed outside the Heritage Park to guide the public.

The marshals gave fans only a few seconds to look at Fernandez’ remains in order to accommodate as many visitors as they can.

They also asked the fans to go straight outside the chapel to avoid overcrowding.

The report said most of the fans have brought cameras to take snapshots of the late actor.

The report also said many of the fans went to the wake early to avoid the expected surge of people who will go to see Fernandez.

The relatives of Fernandez and friends from the entertainment industry and politics are expected to arrive late afternoon or in the evening.

The report said a Mass will be celebrated at 5 p.m. and it will be open to the public.

An earlier report said the public could view Fernandez’s remains until 5 p.m. Wednesday as the family wished to have a private time with Rudy before he will be laid to rest on Thursday. The interment will also be a private affair.

Fernandez, 56, succumbed to cancer early Saturday morning, ending a battle with periampullary cancer that lasted several months.

"Daboy" was born on March 3, 1952, the son of film director Gregorio Fernandez. He started his active film career in 1970 while he was still a student at the University of Santo Tomas.

Fernandez has one son, actor Mark Anthony Fernandez, with former partner Alma Moreno; and two sons with actress Lorna Tolentino. - Amita Legaspi, GMANews.TV

(UPDATE 6) Actor Rudy Fernandez dies

Filed under: Local News - Administrator @ 11:42 am

 rudy fernandez

(UPDATE 6) Actor Rudy Fernandez dies

INQUIRER.net, Philippine Daily Inquirer
First Posted 06:58:00 06/07/2008

The late Rudy FernandezÂ’s birthdate is March 3, 1952 not March 3, 1953 as previously posted. This makes the actor 56 years old at the time of his death. We apologize for the error.

MANILA, Philippines — Movie actor Rudy Fernandez succumbed to periampullary cancer in his home in White Plains, Quezon City at 6:15 a.m. Saturday. He was 56.

Fernandez had been battling the disease for more than two years.

The action star passed away five days after he was brought home from the Cardinal Santos Medical Center in San Juan City, where he had been confined for a month. He and wife Lorna Tolentino celebrated their 25th wedding anniversary on Sunday.

He suffered a seizure on Wednesday but refused to be taken back to the Cardinal Santos Memorial Center.

His close friends, Sens. Jinggoy Estrada and Ramon “Bong” Revilla, broke the news to media minutes after his death.

His wife and other friends were with him as he passed away, Estrada said.

Fernandez’s remains lie in state at the Heritage Park in Taguig City. Interment will also be at Heritage Park on Thursday. The wake is open to the public.

He is survived by his wife Lorna, and their two sons, Rap and Renz, and a third son with actress-politician Alma Moreno, actor Mark Anthony Fernandez.

Revilla told the Inquirer that Fernandez had suffered from internal bleeding for several days. He also said Fernandez was glassy-eyed most of the time and had difficulty recognizing people.

Revilla said that while he was on his way to the Fernandez home at 9 p.m. Friday, the veteran actor’s blood pressure had plummeted. Fernandez’s manager, Lolit Solis, also told the Inquirer that he was reduced to murmuring instructions to his wife. The actor would wince at the lightest touch.

Fernandez, born March 3, 1952 in Manila, started appearing in movies at age three in a film directed by his father Gregorio “Yoyong” Fernandez, LVN Pictures’ “Luksang Tagumpay” in 1956, according to the CCP Encyclopedia of Philippine Art. Delia Razon, star of “Luksang Tagumpay” remembers the young Rudy as a “shy, but obedient kid.” “Rudy was always hanging out, playing on the set. He was Yoyong’s pet,” Razon recounts.

But his actual movie career started in 1970 under a Sampaguita Pictures contract for the film entitled “For Your Mama.”

Fernandez’s entry in the action genre came in 1976 in the biopic of a notorious criminal, “Bitayin si Baby Ama,” a box-office hit that established him as a big name in Philippine movies for the next three decades. His words were etched in local cinema parlance with the line, “Trabaho lang, walang personalan (This is just a job, nothing personal),” in the 1992 movie “Markang Bungo,” which is another biopic, this time of a Baguio City cop, Bobby Ortega. He also played Sen. Panfilo Lacson, Gen. Victor Corpus, former actor Eddie Fernandez and politician Vincent “Bingbong” Crisologo in blockbuster films.

Fernandez was an affectionate colleague, Razon recalls. “He was always respectful. Every time he would see me in show biz gatherings, he’d stand up and greet me,” says Razon.

Ara Mina, Fernandez’s leading lady in two films, “Palaban” and “Diskarte”, said they called each other “best friends.” “Every time we see each other, he tells me, ‘Ang ganda ng best friend ko ngayon. Pumayat ka. (My best friend is so beautiful today. You’ve lost weight.)’ That was how he used to tease me,” Mina said.

Fernandez starred in 65 films throughout his career, the last being the 2002 film “Huli Mo, Huli Ko.” He had since appeared in the television docudrama “Kasangga,” the sitcom “Da Boy and Da Girl,” and the soap “Twin Hearts.” His last project, “Atlantika” was aired in 2006.

He is a winner of two FAMAS best actor trophies for the 1984 film “Batuigas…Pasukuin si Waway” and the 1988 “Victor Corpus” biopic and one Film Academy of the Philippines best actor plum for “Batuigas.”

The Philippine Movie Press Club recently gave Fernandez the 2008 Ulirang Artista Lifetime Achievement Award.

Marinel Cruz, Bayani San Diego, Jr. and Gerry Plaza

Rudy Fernandez’s body brought to crematorium

Filed under: Local News - Administrator @ 11:39 am
 rudy fernandez

Rudy Fernandez’s body brought to crematorium

 

MANILA, Philippines - The remains of the late actor Rudy Fernandez were brought to the Heritage Memorial Crematorium in Quezon City at 8 a.m., two hours after he died in his home.

Radio dzRH reported that relatives and close friends of the actor, including wife Lorna Tolentino and Senators Ramon Revilla Jr. and Jose "Jinggoy" Estrada, were in the area.

Also there were Fernandez’s close friends from show business, including actresses Amy Austria and Gina Alajar and actor Tirso Cruz III.

Estrada was to make arrangements for the funeral and burial, said Fernandez’s manager Lolit Solis.

In an interview on dzRH, Solis said the actor died in his sleep at
6:15 a.m. The action star had been battling cancer.

"Mabuti namatay siya sa pagtulog, talagang hirap na siya di niya kaya, di makatayo (It was better that he died in his sleep because his body was racked with pain)," she said.

Solis said that as early as Tuesday night, Fernandez experienced extreme pain, but forbade his wife from calling an ambulance. The actor’s condition had worsened since he left the hospital.

"Pagdating sa bahay iba na, di na nakakikilala, hinang hina na (When he was brought to his house he was so weak such that he could not immediately recognize people)," she said.

Solis also said Fernandez could not stand people crying, adding, he even requested that son Mark Anthony Fernandez not be immediately allowed to enter his room because Mark wept when he first saw him. - GMANews.TV

Rudy Fernandez: Life’s a wonderful thing

Filed under: Local News - Administrator @ 11:36 am

 rudy fernandez family

INQUIRER EXCLUSIVE
Rudy Fernandez: Life’s a wonderful thing
By Emmie G. Velarde
Philippine Daily Inquirer
First Posted 21:09:00 05/14/2008

MANILA, Philippines—Life is not a battle. I love it; I want more of it. That’s all I ask, just a little more.”

There was neither desperation nor urgency in the voice of actor Rudy “Daboy” Fernandez; it was a matter-of-fact laying of cards on the table. He had no time to indulge, he said, in anything remotely “dramatic” or “negative.” Time is gold, now more than ever.

We were in the sitting room of his White Plains residence. “When I was still having chemotherapy,” he said, “after every infusion, I would just lie here and try to watch TV, which was the only thing I could do for about three or four days. I’d be very, very weak. And when that side-effect started to wane, it would be time for another session. So I had practically no other activity. I’ve memorized, I think, every corner of this room, every show on Channels 2 and 7.”

Then, finding the precise description, he blurted out, “Low-bat!” He could laugh about it now. Today, he seemed fully charged and cheerful. And chatty. It was a Sunday afternoon, April 27. He and his wife, Lorna “LT” Tolentino, were set to leave for the US the day after, for the next round of a revolutionary gene therapy.

Alarming news

The action star has stage IV peri-ampullary cancer, a relentless adversary. Last Monday, local show biz media were gripped by alarming news that Daboy’s condition was critical. Text messages flew, fast and furious. The one that Inquirer Entertainment received from LT, from the Cardinal Santos Medical Center in San Juan, was characteristically calm: “Rudy is slowly improving. He had surgery called PTBD—percutaneous transhepatic billiary drainage.” She asked for prayers, as usual.

Periampullary cancer is “an enlargement of the ducts from the liver and pancreas where they enter the small intestines,” according to Medical Observer, one of two trade magazines that had Rudy on the cover of their March issues.

The last US trip was supposed to be for a month, enough time for a full round of the gene therapy called Rexin-G.

LT’s SMS was, therefore, not entirely reassuring. It said they had stayed in the US for only four days, and that it was found that Rudy had an obstruction in his billary duct. They had come home and gone straight to the CSMC the morning of Sunday, May 4. “We are still here,” the text message said. On the Monday evening news, one of Daboy’s devoted buddies, Sen. Bong Revilla, gave a statement wearing very dark glasses that did little to hide his anxiety. “He’s in pain,” the senator said of his dear friend.

Rare gift

To think that, only two weeks ago, Rudy had given Inquirer Entertainment what, in his condition, was a rare and precious gift of conversation.

“Many things have changed,” he told us. “Obviously, I can’t do everything I used to do — I can’t work, for one. But many good things happened, too.”

When his ailment was diagnosed at stage I in March 2006, he immediately underwent Whipple operation, a procedure named after American surgeon Allen O. Whipple, who devised it in the 1930s. It is a major, highly delicate procedure (10 hours) that involves removing parts of the pancreas, bile duct, gall bladder and duodenum, then suturing together the remaining bile duct-intestine connection.

Rudy and LT were told that many patients had gone on to live many years after the operation. And, indeed, the actor bounced back. “Maganda ’yung recuperation ko. I even did two teleseryes for GMA 7 — ‘Atlantika’ and ‘Now and Forever.’”

But the cancer came back in early 2007. Rudy explains, “Any recurrence, stage 4 agad, automatically. They found two lumps in my liver, and another near the pancreas.”

He was discussing all this like he was talking of another person. At times he would stop for about two seconds, not at a loss for words, but as though to consider the subject from another angle.

“What I have is the rarest among the rare types of cancer,” he proceeded. “In the Philippines, there are only three protocols (loosely, drug combination) of chemotherapy. “The first one didn’t work for me. I shifted to a different formulation, which worked for a while. The third one, I simply refused, because one side effect is acne all over the face. And if you don’t break out, it means the protocol is not working. I told my doctor that I didn’t want to die miserable.”

Clinical trial

He added, laughing now, “I’d die anyway, so why should I have to undergo that? I’d rather go happy, looking good. Imagine me in my coffin, unrecognizable because of the acne? So they found something else for me.”

It was Rexin-G. Rudy, 55, was “accepted” for the clinical trials in a US hospital. In the Philippines, he said, it was an approved treatment (at Asian Hospital in Muntinlupa), and that foreigners came here for it, although it’s “very expensive.”

He described it, thus: “It’s not chemo, it has no side effects — ‘targeted’ kasi, meaning, it finds only the cancer cells. I started on Rexin-G in February. I think it’s working.” Lorna herself noted the vast improvement on Rudy’s complexion. (The latest trip was supposedly for his third Rexin-G regimen.)

Rudy was talking, in the very least, like an efficient nurse’s aide. Lorna, he said, was much better at it. “What I know is really just 50 percent of what she does.”

He clarified that he wasn’t hoping to “go back to normal.” He was willing to try anything that worked, he said, because he was, by nature, a “positive” person. “But I realize that everything I’m doing is just to prolong my life. Plus, maybe to lend some quality to it. I’d like to be able to travel some more; I don’t mind not being able to work. Of course, I also want a little more time with my family and friends. Okey na ’yon.”

Right now, he wanted to go back to the first question: “How had his life changed since getting sick?”

“Life is a wonderful thing, and now I can say I have really seen the beauty of it. I have a good family — mabuting asawa, mababait na anak. And so many friends! Nadagdagan pa yata. In church, strangers would approach me and say they’re always praying for me. Siguro naman, ’di sila nambobola, kasi nasa simbahan kami.”

We asked, what about other things that people who are forced to slow down suddenly notice, like the sunrise, the sunset? This was met with a hearty laugh, like it was… maybe a stupid question? “Naku, matagal ko nang ina-appreciate ang mga ’yan!”

One oncologist gave Rudy a life expectancy of six months from the time the cancer recurred. “Pinalitan ko siya agad,” he said. “Ayoko ng gano’n e. See? It’s been more than a year since then.”

Happily, he has found unique opportunities to give back the kindness he has been receiving from strangers. “Some friends would call at times, asking me to talk to people they know who are sick like me, but who, unlike me, are always depressed. So I do that, I talk to those people on the phone for about 30 minutes. I say, don’t think only of your sickness, or of how long your doctor says you are going to live. I say that I myself let only the Lord decide when to take me. Meanwhile, kung binigyan ka ng Panginoon ng isang taon, magpapakalungkot ka pa ba? Sayang naman, e di isang buwan na lang, tutal malungkot ka naman, papahabain mo pa.”

A few times, too, Daboy was invited to speak to gatherings, including a group of doctors. “Hindi ako mahilig do’n e,” he said. “Baka pag sinabi kong hindi ako natatakot mamatay, mapagbintangan pa akong mayabang. At ano naman ang sasabihin ko sa mga doktor, e hindi pa nga ako magaling?”

What he often did these days that he didn’t do much before his affliction, he said, was stay home. “Paikot-ikot lang ako rito. And my friends and family take turns visiting —kanya-kanyang araw sila.”

‘Dramatic’ friend

The curious thing, Rudy noted, was that he usually found himself making them feel better about his situation. “Lalo na ’yang si Jinggoy (Estrada, another senator-actor buddy). Pag nakikita ako, nalulungkot. Ano ’yon e, dramatic. Iyakin. Pero lahat ng kaibigan ko, lalong bumait.”

He had to relate one “hilarious” day with them: “LT and I had just come from Hong Kong, where I had a PET-CT scan. Bong, Jinggoy and Ipe (actor Phillip Salvador) came with us to my doctor. The prognosis was not good. That night, we all met again at the wake of Erap’s (former President Joseph Estrada, Jinggoy’s father) cardiologist, Dr. Lorenzo Hocson. Bong asked how I was feeling. I said I was okay. He didn’t believe me. The third time he asked, I said I wasn’t afraid to die, but that I was a little sad. Pero may solusyon do’n, I told him. ‘Dadalawin ko kayo palagi!” The reaction to his little prank was instantaneous. “Pare, p……., ’wag mong gagawin ’yan.” He said only Ipe did not protest.

Daboy, quite the raconteur, had stood up, the better to tell that story. When he stopped laughing (again), he said, “Walang halong bola. I do not fear death. But I’m afraid of pain. I don’t like needles. All things considered, I feel lucky that, at least, I know I’m on my way, mauuna ako sa iba.”

He’s been asked if he ever questioned his fate. “I tell them, no, no. God’s been very good to me. Tinanggap ko agad ito, kahit ibang klaseng laban. Ang buhay, hindi ’yan battle. Gustong-gusto ko nga ng buhay e.”

Not that he had an unfinished to-do list. What about, like, see the children of his younger kids Rap, 24, and Renz, 22? (Mark Anthony, his eldest son with Alma Moreno, has two.) Daboy’s simple response: “Wala akong mga trip na ganyan. I don’t think of that.”

Positive outcome

Something he had thought of was, maybe he had done some people wrong. “I say to myself, if I see this person or that, baka nabugbog ko, o anuman, I will apologize. That is not very likely though, so I just pray that they forgive me. As for some people who have wronged me, I have forgiven them.”

Had he actually picked up the phone to call anyone of those people? “I don’t know where they are,” he said. “And I wouldn’t apologize to all of them naman.”

Definitely one positive thing has come out of the harrowing experience. “Na-appreciate ko lalo ang asawa ko. We are truly living our wedding vows. ’Yung ‘in sickness and in health…’ lalong tumingkad. Mabait talaga si LT, pero mas bumait pa siya. I didn’t expect all this from her. If she had done less for me than she is doing now, it would still be more than I probably deserve.”

The very thought visibly hit a spot, and Daboy’s eyes welled up. “When I had my Whipple operation, one month ako sa hospital, one month siyang hindi umuwi. Lumalabas lang ng Cardinal Santos para mag- ‘Startalk’ (her Sunday talk show on GMA 7). She’s been hands-on from the start. ’Yung support niya, superlative degree.”

Jinggoy, Bong and Ipe were in the operating room during the surgery, he recounted. “Spoiled na spoiled ako.”

Still, it was no picnic, Rudy recalled, even with the steady stream of visiting friends and relatives. “I was in the ICU for six days. I even vomited blood. At one point, I actually prayed, ‘Lord, ang hirap naman nito. Pagalingin mo na ako. Pero kung oras ko na, kunin mo na ako.”

Even so, Daboy didn’t remember becoming short-tempered at any point. “I don’t think so, but ask LT.”

(She would oblige later on, when Rudy wasn’t listening: “There are times, yes. Ako rin naman e. Siyempre when you’re in pain, or very tired… but I feel I don’t have the right to be sad or irritable. I need to be strong. I need my mind to be clear, to focus on him.”)

LT not prepared

Rudy remembered one instance, when he received news that the cancer had metastasized and, “Nag-drama ako ng mga two days.”

Friends had rushed over to pray over him, he recalled, led by Tirso Cruz III. “Si Pipo,” Rudy said, “ang galing magbasa ng Bible. I like listening to him. Kung ako lang, hindi ako mahilig.”

Given that he was always tired, he said, he had stopped going to his Christian community, the Oasis of Love. “But I hear Mass on Sunday, and my conversations with God have become more intense,” he said. “Kasi nga, malapit na akong pumunta sa Kanya. Matagal ko nang alam na matapang ako, pero di ko akalain na handa na akong humarap sa Panginoon.”

“I’m not prepared for that,” LT said, rather emphatically. “For me, it is a fight as well. But of course I also end up saying, ‘Thy will be done.’”

Everyone’s doing his part, she said. Rap and Renz have become homebodies (“They just ask their friends to hang out here.”). Mark comes over as often as possible, with his 9-year-old daughter Chelsea, whom Lolo Rudy is very fond of.

LT sees that they all draw strength from one another, including Rudy, and considers it her job to keep the exchange working to their advantage. “Pag nakikita ko siyang medyo teary-eyed, hindi ko sya pwedeng sabayan. At any given time, dapat may isang malakas. If anyone falls apart, may domino effect ’yun e.”

Once, when they were alone after one gloomy consultation with a doctor in the US, Rudy told her, “Don’t cry, ha?”

“Sabi ko, basta ’wag ka rin iiyak. But I feel that, until now, he does cry when he’s alone and I don’t see it. Ako rin.”

If Rudy has his friends, LT does, too. She knows they’re there when she needs them, old friends who have stood the test of time. “Sina Amy (Perez), Gina (Alajar)… marami sila… si Sharon, lahat ng klaseng support they extend to me — lahat. Sharon begs off from visiting if the situation is not so good. But she will call to say she will come when she’s sure she’s not going to cry.”

The no-drama “rule” among friends was being enforced, LT explained, because it had previously been proven that the cancer got more aggressive whenever Rudy’s morale dropped.

On Tuesday evening, the latest message from LT to Inquirer read: “Each day, he is giving his best fight.”

Not too long ago, on that Sunday afternoon in White Plains, the scenario was the opposite of struggle.

Rudy was enthusiastically filling up his plate with merienda fare, recounting yet another hilarious moment with his three buddies:

“Napapag-usapan lang naman — ’yung iba pang mga kaibigan namin, ’yung may memorial plans na, humahaba ang buhay! Si Dolphy, halimbawa, pumili na ng casket niya. Si President Erap, may nitso na … ang lakas-lakas nila pareho, ’di ba? So sabi ko, ‘Prepare na rin kaya tayo?’”

Then one last time, after two hours of laughter and reminiscences, he lent himself to a pensive pause: “Paminsan-minsan, iniisip ko, pa’no kaya ang mga anak ko, ang mga apo ko, kung wala na ako?”

We wanted to know, of course: Then what happens? He smiled broadly. “Tingin ko, kaya nila.”

Surge in RP gas price seen

Filed under: Local News - Administrator @ 8:23 am

 price of gas

Surge in RP gas price seen

Poor, middle classes to suffer

By Ronnel Domingo, Michelle Remo, Riza T. Olchondra
Philippine Daily Inquirer
First Posted 00:51:00 06/09/2008

MANILA, Philippines—The worst is yet to come, consumer welfare advocate Raul T. Concepcion has warned, as international oil prices soar.

Concepcion, chair of Consumer and Oil Price Watch (COPW), said fuel and basic commodities would post the biggest price increases this month, exacting a heavy toll not only on the poor but on the middle class.

As of June 7, the price of crude oil in the New York Mercantile Exchange reached a record $138.50 a barrel, very close to investment bank Goldman Sachs’ forecast of $141 in the second quarter. Goldman Sachs sees prices topping $200 a barrel by 2010.

When crude prices hit $135 a barrel two weeks ago, oil industry executives in the Philippines said they needed to recoup between P8 and P11 a liter, which would push up the price of gasoline to P65 a liter and that of diesel to P58 a liter.

A $1-a-barrel jump in international crude prices translates to an increase of about 35 centavos a liter at the pump, according to the domestic oil industry’s rule of thumb.

Oil shooting up to $200 a barrel would push pump prices of gasoline to about P88 a liter and of diesel to about P71 a liter—assuming that the value of the peso against the dollar remains the same.

Concepcion, who was in New York, said in an e-mail that in the United States, “the House and Senate are conducting televised hearings chastising oil companies [that are] making profits more than threefold and with no concern” about the impact on consumers.

“Like in Manila, the Americans are blaming the regulatory agencies that have no sense of transparency in their investigation,” said Concepcion, owner of a company that makes air-conditioning units.

Cartel

Concepcion said the problem was not only oil but every other commodity for which there is a cartel—fertilizer, wheat, corn, sugar and electricity.

“This is not happening only in the United States or in the Philippines, but worldwide,” he said. “Nobody expected the pace of growth in China, India and other developing countries and so commodity prices have been rising.”

The skyrocketing oil prices can put a hole in consumers’ pockets, make a huge dent in company profits, and slow down the economy.

Augusto B. Santos, director general of the National Economic and Development Authority, said the $200-a-barrel oil would mean a substantial cut in the country’s economic growth. “Definitely, higher oil prices will accelerate inflation and pull down the growth of our gross domestic product,” he said.

Faster inflation tends to restrain consumption which, in turn, leads to lower corporate income and less opportunity for jobs creation.

GDP growth target

When the price of oil hit the $130-a-barrel mark, Santos said the government’s official growth target of 6.3 to 7 percent in gross domestic product (GDP) was no longer attainable. When the GDP growth target was set, the government assumed that the price of oil would only average $110 a barrel, he said.

Imported oil accounts for 35 percent to 40 percent of the country’s total energy needs.

For households, the country’s chief economist said, higher oil prices means an increase in the prices of food, electricity and transport fares.

Industries will suffer from higher operational costs resulting from the increase in costs of raw materials and labor.

When this happens, the economy’s growth will slow down because it is dependent on the income of households and businesses.

While it takes time for the economy to adjust to higher oil prices, the short-term effects are restrained household spending and, in turn, lower corporate profits, according to Santos.

Impact on transport

In the transport sector, drivers and operators said jacking up fares would not spare them from incurring losses if oil reaches $200 a barrel.

George San Mateo, secretary general of the Pinagkaisang Samahan ng mga Tsuper at Opereytor Nationwide (Piston), said that if this happens, fare adjustments and subsidies would just be eaten up by the fuel price increases.

San Mateo said scrapping the 12-percent value-added tax (VAT) on oil would give jeepney drivers “significant relief” without having to add to the burden of passengers.

He said lifting the tax would reduce the price of diesel by as much as P5.22 per liter, gasoline by P6.36 per liter, and liquefied petroleum gas by P75 per 11-kilogram cylinder.

“The government must also scrap the Oil Deregulation Law and retake control of Petron so that we have a state-owned fuel player that can give users a fair price,” he said.

Shipping, airlines

Shipping and airline companies are considering passing on the costs to consumers.

Enrique M. Aboitiz, president of Aboitiz Transport Systems Corp., said the company was planning to raise fares and freight by 10 percent to 20 percent. The increase, he said, would follow similar price adjustments that airlines implemented to recover the high cost of jet fuel.

Still, Philippine Airlines president Jaime J. Bautista said: “We cannot just pass it all on to the passengers as we continue to subsidize a part of that (fuel cost).”

Despite their limited ability to pass on growing fuel costs, shipping and airline companies have not asked the government for subsidies. “I’d rather have better infrastructure than fuel subsidy,” said Lance Gokongwei, Cebu Pacific president and chief executive.

With cell phone “load” now part of the basket of goods, telecommunication companies are looking at increasing usage rather than raising prices. They feel more the impact of high oil prices when this results in a general increase in the prices of basic commodities.

“While growth is not as fast as before, we still see increased take-up. This can be affected if inflation is prolonged,” said Napoleon Nazareno, president of Philippine Long Distance Telephone Co.

Cell phone reload

Gerardo Ablaza Jr., Globe Telecom Inc. president and chief executive, said rising food and fuel prices may continue to undermine near-term growth prospects as consumers reallocate spending.

“This is because top ups (reloads) come from the same wallet where the subscriber gets money for food and other necessities,” he said.

Connectivity Unlimited Resource Enterprise Inc. (CURE), has launched an advertising-supported model to counter the pull of inflation on cell phone spending and to cope with tight competition in a maturing market.

CURE is drawing subscribers with the promise of free load and load rebates in return for receiving targeted ads. Whether this formula works remains to be seen.

Transparency, good governance

With Malacañang scrambling for measures such as subsidies costing billions of pesos to address rising inflation, the time-tested solutions do not cost much—transparency and good governance, according to Concepcion.

“The COPW is requesting the Department of Energy to show the public the reasons for local pump price increases and if these are correct based on the inventories of oil firms,” he said.

A provision of the Downstream Oil Industry Deregulation Law mandates the DoE to ensure transparency in oil price adjustments. Section 11 prohibits price fixing, while Section 14 directs the department to monitor and publish daily international crude oil prices and to follow the movements of domestic oil prices.

The law also provides that “any report from any person of an unreasonable rise in the prices of petroleum products shall be immediately acted upon.”

And for that, the law created the DoE-DoJ (Department of Justice) Task Force, which is mandated to determine within 30 days the merits of such report and initiate the necessary actions warranted.

“The COPW will request the task force to meet at least once a week so that it (task force) can inform the public of impending price increases,” Concepcion said.

He urged the government to use the proceeds of the VAT as subsidy on oil products to cushion the impact of price hikes.

“If, in July, prices have stabilized, the government may opt to reduce the subsidies from VAT proceeds,” he said.

Oil retreats from last week’s rally, but worries linger over global supplies

Filed under: World News - Administrator @ 8:23 am

crude oil 

Oil retreats from last week’s rally, but worries linger over global supplies

Monday, June 9, 2008 12:28 PM

BANGKOK (AP)- Oil prices dipped in Asia on Monday, retreating from a record surge late last week, and traders said the market would remain choppy amid jitters about supplies, growing global demand and a weakening dollar.

Crude futures made their biggest single-day leap ever Friday, soaring nearly US$11 for the day to US$138.54 a barrel, a rise of more than 8 percent that battered Wall Street. That came after an increase Thursday of almost US$5.50, taking oil futures more than 13 percent higher in just two days, easily a record on the New York Mercantile Exchange.

Midday in Singapore, light, sweet crude for July delivery was down 79 cents to US$137.75 a barrel. In after-hours trading Friday, the contract rose as high as US$139.12.

"We’re likely to see some pullback," said Victor Shum, an energy analyst with Purvin & Gertz in Singapore. "It’s likely that we’re going to see a choppy period of ups and downs."

Thousands of Indonesian demonstrators demand Islamic sect be banned

Filed under: World News - Administrator @ 8:23 am

 islamic sect

Thousands of Indonesian demonstrators demand Islamic sect be banned

Monday, June 9, 2008 03:55 PM

JAKARTA (AP)- More than 5,000 demonstrators gathered outside Indonesia’s presidential palace Monday to demand that the government outlaw a moderate Muslim sect they consider heretical.

Conservative Islamic parties participating in the protest want the Ahmadiyah sect to be banned because its does not adhere to the key Islamic belief that Muhammad was the last prophet.

Islam needs to be defended "from people who want to destroy Islam’s teachings," said demonstrator Zairin, who like many Indonesians goes by a single name. The use of violence would be justified to force reluctant Ahmadiyah members to renounce their faith and "keep Islam pure," he said.

Hard-liners have attacked Ahmadiyah members and torched their mosques since the government said in April it was considering banning the faith. A decision is expected to be made public by the end of June.

Indonesia’s constitution guarantees freedom of religion, but many people in the predominantly Muslim nation consider Ahmadiyah’s interpretation of Islam offensive and want it prohibited.

Energy crisis ‘very manageable’–Palace exec

Filed under: Local News - Administrator @ 8:21 am

pgma 

Energy crisis ‘very manageable’–Palace exec

Arroyo to be briefed on contingencies

By Lira Dalangin-Fernandez
INQUIRER.net
First Posted 11:50:00 06/09/2008

MANILA, Philippines — (UPDATE) President Gloria Macapagal-Arroyo will be briefed Tuesday on the contingencies that were presented during a meeting Monday by a task force on energy, Executive Secretary Eduardo Ermita said, as he reiterated that the present situation was “very manageable” and that the government had the “wherewithal to address them.”

Ermita issued the statement after the Presidential Task Force on Energy of which he is chairman was briefed by the Institute for Development and Econometric Analysis Inc., a University of the Philippines-based economic think tank, led by Dr. Cayetano Paderanga.

Ermita however refused to elaborate on the contingencies until after the President has been briefed.

Energy Secretary Angelo Reyes, vice chairman of the task force, also said in a separate interview that because of the situation, they were “revisiting the option of tapping nuclear power for electricity.”

Reyes said they commissioned a group three months ago to study the feasibility of rehabilitating the Bataan Nuclear Power Plant.

Reyes said the BNPP could provide cheap energy for a sustained period and if rehabilitated could generate 630 megawatts of power everyday for at least 30 years.

When asked about the rehabilitation of the BNPP, Ermita said this was not part of the presentation of the UP team.

Ermita said that the Department of Energy tapped the group of UP professors to "help us assess the different possible scenarios of oil price increases and what measures should be done by the government."

Local petroleum pump prices go up again

Filed under: World News - Administrator @ 8:20 am

 petrolem pump

Local petroleum pump prices go up again

Local pump prices increased again early Saturday as world oil prices continued to surge.

Pilipinas Shell Petroleum Corp. increased prices for gasoline, diesel and kerosene by P1.50 per liter, and liquefied petroleum gas by P1.00 per kilogram at midnight.

Petron Corp., Chevron Philippines (formerly Caltex), Total Philippines, Seaoil, Flying-V, Unioil and Eastern Petroleum implemented the same price hike at 6 a.m.

Retail gas prices have increased by P8 since January this year and diesel prices by P9 per liter.

Energy Secretary Angelo Reyes expressed concern over the effects of the weakening peso to the fuel price situation.

A stronger dollar may mean additional price hikes, since the country will need more greenbacks to purchase for imported oil.

Meanwhile, world oil prices, which have soared five-fold since 2003, posted their highest ever one-day gain of $10.75 to close at a new record of $138.54 in New York Friday. With a report from Agence France-Presse

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