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Thursday, August 30, 2012

PSE to introduce direct market access to investors




MANILA, Philippines—The Philippine Stock Exchange will make it easier for investors to cast their stock trade orders by opening up direct market access (DMA) in the local bourse, in line with the general practice across the region.

DMA is an arrangement whereby a trading participant’s client is permitted to enter orders to buy or sell securities directly into the PSE trading system—or PSEtrade—for queuing and matching without any manual intervention by the broker.

“We hope the introduction of DMA in the Philippine stock market through our trading participants will significantly boost volumes through faster execution of trades. DMA is being offered in various markets such as Malaysia, Singapore and Hong Kong. The introduction of DMA should also complement our efforts to promote online trading, thus giving investors in the local stock market several options and channels by which to participate in the growth of Philippine-listed firms,” PSE president Hans Sicat said in a press statement on Wednesday.

To govern this activity, the PSE has proposed rules to provide the regulatory framework for the provision by trading participants of DMA services. Types of DMA services include automatic order routing (AOR) and sponsored access. Some trading participants currently offer online trading, which is a form of DMA service.

AOR is a type of DMA service wherein a trading participant permits its clients to send orders electronically to the trading participant’s infrastructure, which in turn automatically sends the order to the PSEtrade. The two types of AOR are Internet trading and straight through processing (STP).

Internet trading DMA is available for clients using a web-based trading application provided by the trading participant. STP, on the other hand, is available to a client if it uses an order execution system whether provided by the trading participant or a third-party service provider that is directly connected to the trading participant’s infrastructure.

Another type of DMA service is sponsored access, which is when a trading participant permits a client to transmit orders for execution directly to the PSEtrade without passing through the trading participant’s infrastructure.

The proposed rules seek to lay down certain requirements that trading participants and clients must comply with in order to address potential risks associated with DMA trading.

All concerned parties may send their comments to the proposed rules posted on www.pse.com.ph not later than 5 p.m. of September 7.

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CSO eying conflict solution in Southern MINDANAO

Bernie Concepcion


Zamboanga City-(August 28,2012) -- An acknowledged Sulu-based local mediation group on conflict management and settlement recently concluded the Organizational Development Training workshop held at the Garden Orchids Hotel from Aug, 24-26, 2012 sponsored by the Center for Humanitarian Dialogue (CHD).

The training which aimed to improve and equip the group's performance and effective approach in settling local existing conflicts in the island province, was given to members of the Tumikang Sama-Sama, a local mediation group composed of traditional and community leaders, concerned citizens and respectable mediation advocates, according to Vand Birowa, Project manager of CHD in an interview yesterday.


Tumikang Sama-Sama is one local support group that CHD is assisting in mediation initiatives and in establishing settlement of clan wars in Sulu.

There are about 58 existing clan conflicts recorded in Sulu and a considerable number has been settled thru CHD initiated moves while some of these are being negotiated at this time, Birowa bared.

The training has also provided data for CHD to make proper assessment on how to be able help the local mediators' group in terms of dealing with conflict management and mediation works, particularly understanding Sulu culture.


At the same time, the organizer has invited experts as resource persons to give new inputs on organizational developments and updates on the actual realities of what are the experiences within the situation on the ground and its implications.

"A closer view of the existing and persisting trends of the present prevailing situation in the locality for effective and efficient mediation works and strategies were discussed," said Birowa.

Among the resource persons included a Tausog Professor Julkipli Wadi, of the University of the Philippines (UP), College of Islamic Studies, who gave insights on exploring the opportunities and threats inside  and outside Sulu communities and the ARMM region, as factors that affect the mediation and reconciliatory efforts that should be considered..

He said the discussions could help CHD in assessing as to what assistance or support can be extended to the mediation group in dealing with the  uniqueness of the situation as far as conflict is concerned in the province of Sulu;

Ustadz Kamaruddin, of the Western Mindanao State University who shared the issues on self-reliance as a value and good practice widely observed in and within an existing organization while Mucha Shim Arquiza of Sama Dilaut who discussed the imperatives for peace in Sulu Island province including historical background about past and present conflict imperatives for peace in Sulu Island province including historical background about past and present conflicts.  

The CHD intervenes in building the capacities of the local partners to deal with effective  local conflict monitoring and  mediation through right approaches and to provide them with needed  tools and techniques to attain success in managing as as well as in settling "ridos" or clan feuds, peculiar particularly in the Muslim-dominated province of Sulu. 

Birowa said, in clan conflicts and ridos local initiated mediation efforts would be necessary in order to achieve finality in settlement.

"We know in the international engagements we have life lines, unlike when you own the problem, so you have to help find solutions to the problem, that's why we (CHD) are only supporting them (group) to capacitate them through all the possible trainings we provided to help them mediate in clan conflicts in Sulu," he explained.

"You own the problems; therefore you help find your own solution, that's why CHD supports the local through capability building, Birowa stressed.

Training on Human Resource Development is also in the offing to be conducted soon, centering on fund sourcing to make the group self-reliant and sustain their initiated activities, according to Birowa.

Two other training workshops attended by the group were also conducted by CHD concerning mediation issues and principles in April and June this year.

The CHD is a Geneva, Switzerland-based non-government organization (NGO) established here in the country to help assist in mediation initiatives both locally and internationally.(faber_concepcion2004@yahoo.com)

Saturday, August 25, 2012

Abussayap member with P350 K on his head got arrested by the CIDG in Basilan



ZAMBOANGA CITY – A wanted person was arrested by the operatives of the Composite Unit of Criminal Investigation and Detection Group (CIDG) headed by Police Inspector Ace Versoza after positively identified as aka Abdul Baliyung who has a pending warrant of arrest being a member of Abussayap and a reward of P350 thousand in his head.

He was identified later as a certain Ainbasa B. Jandul 41 years old, married with 2 children and wife Monarasana M. Jandul who is a Barangay Official of Brgy. Carbon Malamawi island, Isabela City, Basilan.

Port Terminal in Isabela City, Basilan (Photo by Jong Cadion)
The arrest was conducted at the terminal in Isabela City after the suspect disembarking the boat from the island early morning on August 25, 2012.  

Then suspected abussayap member is an Imam at the same time Arabic teacher, Madrasa Darul Bahar. He is said to be affiliated with the Basilan Ulama Supreme Council.

Jandul was brought to the Western Mindanao Command (WESMINCOM) and the later was also turned over to CIDG Headquarters at Cawa-cawa Boulevard in Zamboanga City.

In a text message from his wife stated and unquote “I am appealing to the people of Basilan and the media, my husband was forcibly arrested this morning at Isabela terminal by the members of CIDG without pertinent papers and when they found no evidence they raid my house without again search warrant and they bring my Computer loptop, CPU and the memory card. Please help me.”(Jong Cadion with reports by Ely Dumaboc)  

NPA rebels harassed CAFGU detachment in Miss. Occ.

PAGADIAN CITY – One wounded from the government side that sustained one gunshot wound on his left leg as a result of the harassment perpetrated by at least undetermined numbers of armed men believed to be a members of CPP-NPA/NDF of the Western Mindanao Regional Party Committee (WMRPC) operating in the area.


The victim was brought immediately to Calamba District Hospital by the CAFGU personnel.

In a reports reaching the headquarters of the First Infantry
(Tabak) Division that on or about 4:30 in the afternoon of August 23, 2912, the NPA rebels were positioned at about 150 meters west part of the Detachment of 5th Missamis Occidental CAA Coy of 5th Infantry Battalion stationed in Brgy. Upper Potrongan Concepcion Missamnis Occidental suddenly fired them.

The exchange of fire lasted for about 5 minutes until the armed men withdrawn towards unknown direction.

“We believed that the rebels also suffered undetermined casualty based from the bloods stained recovered from the escaped route,” Military official said.

Hot pursuit and combat operations is still ongoing while the Police authorities undertaking their investigation on the incident.

The said CAFGU Detachment has been receiving threats from the NPA rebels operating the area long ago due to the effective Radio Broadcasting Service (RBS) conducted by the First Civil Military Operations Battalion co-located in the said place.

The detachment is responsible in providing truthful information on Bayanihan efforts of the government regarding their exposes of illegal activities committed by the NPA in the province of Missamis Occidental.

Furthermore, the said EBS has been effective also in facilitated the safe surrender of some armed NPA and its sympathizers to the First Infantry (Tabak) Division.

Meanwhile, Maj. Gen. Ricardo Rainier G. Cruz III, the Tabak Commander urged CAFGU members from the detachment within their area of responsibilities to be vigilant at all times and continue the Bayanihan efforts in the respective areas so that development in the area will continue and the people in the communities will be protected. (By Jong Cadion)

Friday, August 24, 2012

Gisupportahan ang pag-ila sa Ancestral Domain sa Tribong Subanen.


(Gikan sa right) PNP Deputy Regional Director P/Supt Ramon
Ochotortena, NCIP RD Salong Sungod, Maj.Gen. Cruz III,
Ug ni Bayog Mayor Leonardo Babasa. (By Jong Cadion)
PAGADIAN CITY - Tagsa-tagsa nga gipagawas sa mga Nitibong Subanen ang ilahang mga pagmahay ug kasubo batok sa kasamtanang administrasyong Aquino kalambigitan sa pagbaliwala matud pa ngadto sa mga lumad dinhi sa tunga-tungang bahin sa Zamboanga Peninsula.


Gitumbok sa mga nitibong Subanen matud pa ang mga pagpang-abuso sa langyaw kapitalistang minero sa pagsulod ngadto sa ilang mga gipangtikad nga mga kayutaan nga kablin sa ilang mga ginikanan nga nagsilbing ilang panginabuhian pinaagi sa pagpanguma.

Ang kayutaan sa lungsod sa Bayog nga gilibutan usab sa walo ka mga kalungsuran dinhi sa kasagpang bahin sa Mindanao ang puno sa tinubdan sa bahandi sa mga minerales nga maoy hinungdan nga daghang mga langyaw nga nangandoy nga manag-iya niini.

Usa niini mao ang Toronto Ventures Incorporated Resource Development
(TVIRD), usa ka higanting kompaniya sa pagmina nga nagbasi sa nasud sa Canadia nga unang nag-operate sa Canatuan, Siocon, Zamboanga del Norte  ug karon mibalhin sa Sitio Balabag, Brgy. Depore, Bayog, Zamboanga del Sur.

Ang Pangulo sa Tribong Subanen 
nga si Timuay Joel Lumpinas atol 
sa gihimonginterview sa Zampen 
Multi-Media Inc. didto sa Bayog.  
(By Jong Cadion)
Apan, giakusahan karon ni Timuay Joel Lumpinas, usa sa mga respitadong pangulo sa tribong Subanen ang mga namuno sa operasyon sa TVIRD Balabag, kalambigitan sa gihimong mga pang-abuso sa mga tawhanong katungod ug ang mga pagpangilog niini sa ilang mga yutang kabilin kun Ancestral Domain nga maoy tinubdn sa ilang mga panginabuhian aron lamang mapalapdan ang ilang operasyon sa pagmina nga maoy hinungdan sa daghang mga kinabuhing nakalas sa mga pipila ka mga Tribong Subanen.

Matud pa ni Timuay Lumpinas nga siya mismo ug ang iyang pamilya ang gihikawan nga makaagi sa dapit nga giangkun sa TVIRD nga nasakop sa ilang matud pa Mineral Production Sharing Agreement (MPSA) aron lamang maka  tabok paingun ngadto sa dapit nga diin sila nagpuyo ug ngadto sa dapit nga nahimutang ang ilang gitikad nga umahan.  

Gumikan niini, nakig hilambigit si Maj. Gen. Ricardo Rainier Cruz III, ang Commander sa mga kasundalohan sa First Infantry (Tabak) Division ngadto sa National Commission on Indigenous People (NCIP) aron matumbok ang kasulbaran sa problema sa yuta kun Land Conflict tali sa mga Lumad ug sa mga giakusahang langyaw nga mga minero.

Si Maj.Gen. Ricardo Rainier Cruz III, 
CommanderFirst Infantry (Tabak) 
Division Philippine Armymiawhag sa 
mga Lumad sa padayon nga paghug-
pong sa pagpanalipud sa ilang tawha-
nong katungud aron dili mahisusaama 
sa usa ka papel nga sayon ranga gisiun. 
(Photo by Jong Cadion)
Gipatin-aw ni Cruz nga gikinahanglan nga maghiusa ang mga Tribong Subanen sa ilang pakigbisog alang sa ilang tawhanong katungod diha sa ilang mga kayutaan nga gitikad ug dili mapasagdan nga maadto kini sa mga langway nga istranghero.

Sa gihimong pakigpulong ni Maj. Gen. Cruz, iyang gisusama ang usa ka papel ang kahimtang karon sa mga tribong Subanen sa kabukiran sa Bayog nga dali rang gision, apan kung daghan kini nga maghi-usa dili kini nga bastang gun-ubon sa mga ambisyosong negusyanti.

Ang maong tigum tipik sa programa nga Oplan Bayanihan kusganon karon nga gipatuman sa Armadong Kusog sa Nasud.

Si Maj. Gen. Cruz mi perma sa pagsuporta 
sa pag-ila sa Anccstral Domain sa Tribong 
Subanen  sa Bayog, Zamboanga del Sur  
(Photo by Jong Cadion)
Atol sa gipahigayong panagtigum didto sa lungsud sa Bayog ning bag-uhay pa lamang, nagkasabot ang mga mitambong nga mga ipisyales gikan sa mga nagkalain-laing ahensya sa kagamahanang local sa duha ka mga lalawigan sa Zamboanga Sibugay ug Zamnboanga del Sur ug reheyonal sa pagpangulo sa NCIP, DENR, DILG, DAR, DA, DSWD, MGB, AFP, PNP ug sa LGU sa Bayog lakip na sa mga pangulo sa mga tribong Subanen nga ilang pagapermahan ang Mapa alang sa mga duluna sa 9 ka mga kalungsuran lakip na ang lungsud sa Bayog alang sa ilang kaakuhan sa pagsuporta sa gipatuman nga Ancestral Domain alang sa mga Lumad nga Subanen sa Zamboanga Peninsula.

Bayog Mayor Leonardo Babasa miperma usab 
sa iyang pag-ila ug pagsupporta sa yutang 
kabilin kun Ancestral Domain sa mga nitibong 
Subanen nga naa nahimutang sa lungsod sa 
Bayog .C
Nanawagan usab ang Commander sa Tabak ngadto sa mga local leaders nga supportahan ang maong susamang programa alang sa mga Lumad aron mag resulta kini ug kalambuan sa maong dapit imbis nga ipaagi kini sa mga pagpanghasi nga moresulta sa kadaot sa kahimtang sa kahusay ug kalinaw hilabina dinhi sa Isla sa Mindanao. (JONG CADION)







Si NCIP RD Salong Sunggud mi perma usab sa  pag-ila 
ug pagsupporta sa Ancestral Domain sa mga tribong 
Subanen sa lunsod sa Bayog, Zamboanga del Sur 
 (By Jong Cadion)







(Gikan sa too) Maj. Gen. Rainier Cruz III kuban ni Bayog
Mayor Babasa, NCIP Commissioner ug ni NCIP RD Sunggud. 
 (By Jong Cadion)



 

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