The ANC Brief: Triple tremors in Batanes


Posted at Jul 29 2019 04:00 AM

Eight people are dead so far after quakes rocked the province. Here are the big stories making headlines on ANC today:

Dealing with the destruction
Aftershocks are still jolting the Batanes province as of this writing in the wake of Saturday triple tremors that killed eight people and affected thousands. Government is rushing aid to the country’s northernmost province. The local government is thinking of declaring a state of calamity to deal with the destruction. President Duterte was in the province Sunday to survey the damage. Stay tuned to ANC for the very latest on this story.

Out of the blue
Without warning, President Duterte ordered a stop to operations of the Philippine Charity and Sweepstakes Office (PCSO) over charges of corruption. Lotto bettors and outlet operators cried foul over the President’s order. But what are the details over these allegations of corruption? Who are involved and will they face charges? Do the closures violate due process? And will we see a resurgence of illegal gambling activities?

Taking a hit
Listed gaming shares are likely to be hit by the closure of lotto outlets. ANC’s Business Group will keep an eye on these issues like Belle and LOTO in this week’s trading. Meanwhile, labor is still smarting from the presidential veto on the Security of Tenure Bill. President Duterte defended the veto and said the bill should also provide “security of capital.” Labor Sec. Silvestre Bello III will give a statement on the issue at 1 p.m. Finance Assistant Sec. Tony Lambino will be guest on ANC’s Early Edition to talk about the TRABAHO bill, inflation and the economy. 

Rematch of the century?
He disposed of previously undefeated Keith Thurman. But boxing icon Manny Pacquiao still has Floyed Mayweather Jr. on his mind. The possibility of a blockbuster rematch was stoked some more when the two legends engaged in a recent online verbal tussle just after Pacquiao won against Thurman. Mayweather said Pacquiao was using him to stay relevant. Pacquiao said it was Mayweather who was watching his bouts for visibility. In his visit to the ABS-CBN network Sunday, Pacquiao said the time for talking is at an end and it was time the two got into the ring again.

Bottoms up
ANCX scours the metro for the beers of the moment. From a tart guava refresher to a wheat ale great for rookies, here are new brews in the local craft scene worth getting excited about.