The ANC Brief April 20, 2018


Posted at Apr 20 2018 05:07 AM

These are the big stories that ANC will cover today:

Asserting our rights

The Consultative Committee on Charter Change says the new federal charter would “obligate” the new government to assert its rights over portions of the South China Sea being claimed by China. The proposed federal Constitution would also allow the Philippines to “actively pursue” the claim to Sabah, in case the new President would want to pursue this claim. Concom chair and former Supreme Court Chief Justice Reynato Puno will be guest on Headstart and will explain these provisions in detail. 

New PNP Chief

With new PNP Chief Oscar Albayalde assuming his post, will there be a resurrection of the bloody war on drugs? In his speech during Thursday’s turnover ceremony, Albayalde said he would intensify the campaign against drugs and crime. For sure, Albayalde is known to be a stern commander. ANC will watch the PNP closely for Albayalde’s first orders to his men and we will keep an eye open overnight for any escalation of killings or arrests of drug suspects. 

Done deal on Sereno? 

The Supreme Court is set to hold a special en banc session on May 17 to vote on the quo warranto petition filed by the Solicitor General asking for the ouster of Chief Justice Maria Lourdes Sereno. ABS-CBN sources also said there is already a draft decision declaring Sereno’s appointment as Chief Justice null. Lyceum of the Philippines University College of Law Dean Soledad Mawis warned of the dangers of such ruling, saying it would provide an avenue to remove an impeachable officer through a quo warranto petition. Sereno’s spokesperson Josa Dienla questioned the haste in the delivery of a decision on the quo warranto case. She said holding a special session during the court’s break was unusual and that the High Court appears to be trying to preempt the decision of the House and the Senate on the impeachment of Sereno.

No to endo

The Palace said President Duterte would not be signing an executive order on contractualization, otherwise known endo or “end of contract.” The President would instead certify a bill on security of tenure as urgent. This basically leaves the fate of contractualization to Congress. The Employers Confederation of the Philippines (ECOP) said it is against the bill and warned that businesses might leave the Philippines if the bill is passed. ALU-TUCP said the President reneged on his campaign promise to end contractualization.

How low can the PSEi go?

This will be the question on the minds of traders on the last day of trading for the week. Will the PSEi extend losses and dip to lower support levels. Or will it perk up in time for the end of the work week? Already the world’s worst performer, the PSEi has been hit by foreign outflows for 11 straight weeks. The market might look for guidance in 2018 1Q inflation report from the BSP to be released today.


-    It’s the last day for filing of certificates of candidacies so expect crowds of candidates to crowd Comelec offices. ANC will get updates from ABS-CBN reporters covering the filing of the candidacies.

-    Health Secretary Francisco Duque called the criminal complaint filed against him over a suspected Dengvaxia-related death “baseless,” “malicious” and “oppressive.” He said he became Health Secretary weeks before Sanofi Pasteur issued an advisory on the Dengvaxia vaccine. He is set to hold a press conference at 10 am and ANC will air this press conference live.