The ANC Brief: October 1, 2018


Posted at Oct 01 2018 05:16 AM

Here’s what to expect on ANC today:

File photo of Foreign Affairs Sec. Alan Peter Cayetano before the United Nations last year.

Justifying a war

In a speech before the UN General Assembly, Foreign Affairs Sec. Alan Peter Cayetano defended the Duterte administration’s war on drugs. He said the campaign was being waged to prevent the Philippines from becoming a narco-state. He added that Philippine authorities would defend the rights of law-abiding citizens and law enforcers over drug lords and criminals. This is not going to sit well with human rights advocates within and outside the country. Especially now after President Duterte remarked in a recent speech that his “only sin” was extrajudicial killings in the war on drugs. The Palace has since tried to walk back that statement. But critics said it is an admission of guilt and could strengthen the case of crimes against humanity against the President. In an case, ANC will check in with the CHR, Amnesty International, Human Rights Watch, the UN Human Rights Commission if possible, and other groups on their reaction to Cayetano’s statement before the UN. The Senate will also conduct a hearing on illegal drugs at 10:30 a.m. ANC will be ready to air this live.

Ready to rumble

Just before leaving the Senate on Saturday, Sen. Trillanes said he would come to work on Monday to continue pushing probes into alleged anomalies involving government officials like Solicitor General Jose Calida and Special Assistant to the President Bong Go. What’s Trillanes’ next move?

Arrogance and entitlement

Transportation authorities said they are conducting a thorough investigation into the incident involving Rep. Aniceto Bertiz at the airport. A video showing Bertiz refusing to abide by security procedures and “harassing” an airport security officer has gone viral. While Bertiz apologized for the incident, he maintained he saw security officers escort Chinese-looking individuals through security without any inspections. Still, this should not excuse Bertiz’ behavior. Another video of Bertiz arguing with an OFW in Hongkong is also circulating, although it has been suggested that the incident occurred last year. Regardless, these videos show Bertiz frequently pushes his weight around. ANC will check with transportation officials on the latest on this case.

Is it worth it?

The House of Representatives Ways and Means committee will be a briefing from the Bureau of Internal Revenue on TRAIN and other tax-related issues. ANC will be ready to air this live. Will the benefits from TRAIN far outweigh the rising inflation and the floundering of the markets? Also, DBM Sec. Ben Diokno will be at an 8:30 a.m. event.


The peso strengthened to close at P54.02 on Friday as compared to P54.23 on Thursday. But foreign outflows and concerns on inflation are dragging the stock market down. A technical rebound may send the market to the 7500 level. But since the market is having difficulty sustaining rallies above 7300, we could see 7000 to 7200 as possible support levels.