TAMBULI Weekly Newsletter

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1 TAMBULI Weekly Newsletter The Official e-newsletter of the Federation of Philippine Industries Volume 15 Issue No February 2011 Self-Certification on Rules of Origin by Manufacturers A local manufacturer who is also an exporter will soon be allowed to issue a Certificate of Origin as soon as the necessary implementing rules and regulations is issued by the government. This is a welcome development for qualified local manufacturers since it will no longer secure the corresponding Certificate of Origin from the government or business organization, which is the current practice under the conventional certification system. Under the Self-Certification System, the Manufacturer and Certified exporter will be able to make out an invoice declaration for the export of goods, thereby saving time and money. In a related development, on August 30, 2010, Brunei Darussalam, Malaysia and Republic of Singapore, entered into a Memorandum of Understanding for purposes of introducing a pilot project for the implementation of a regional self-certification system ahead of the extension of such system to all Member States of the ASEAN Free Trade Area by It should be recalled that to enjoy a 0% Tariff Duty - compliance with the Rules on Origin is required. Anti-Smuggling/CTMA Bills Public Hearings The Subcommittee on Customs, Tariff and Related Laws of the Committee on Ways and Means of the House of Representatives has invited the Federation of Philippine Industries (FPI) to attend the meetings scheduled as follows: a. February 21, 2011 (Monday), 1:00pm at the Rolando R. Andaya Hall, House of Representatives b. February 23, 2011 (Wednesday), 1:00pm at the Conference Room 6, R.V. Mitra Bldg., House of Representatives c. February 24, 2011 (Thursday), 1:00 at the Conference Rooms 1 and 2, R.V. Mitra Bldg., House of Representatives The agenda of the meeting is about the consolidation of House Bill Nos. 46, 114, 171, 572, 1694, 3055 and 3766 (Anti-Smuggling Bills), as well as the consolidation of House Bill Nos. (Tariff and Customs Modernization Act). Updates on House Bill No Re: An Act Simplifying the Availment of Gross Income Tax for Corporations. During the fourth deliberations held last February 15, 2011, Rep. Tomas Apacible, Chairman of Subcommittee on Tax Administration, announced the major revisions on HB No by Rep. Hermilando I. Mandanas, which is the deletion of the fifty-five percent (55%) threshold on Ratio of Cost of Goods Sold to Gross Sales, which was an original condition precedent of the proposed bill in

2 2 order for a corporation to avail the option to be taxed based on gross income. All stakeholders were requested to submit their respective position on the said revisions on or before February 22, Plastic Bag Recovery Campaign The Invisible Sisters, Philippine Plastics Industry Association (PPIA), and Ayala Foundation, with Ayala Malls, Ayala Land, and Ayala Property Management Corporation, in cooperation with the National Solid Waste Management Commission (NSWMC) with launch the PLASTIC BAG RECOVERY CAMPAIGN, on Wednesday, February 23, 2011, 6pm at Ayala Museum, Makati Avenue cor Dela Rosa St., Makati City. India-ASEAN Business Fair and Business Conclave The Department of Trade and Industry has invited the Federation of Philippine Industries (FPI) to join Secretary Gregory L. Domingo to the India-ASEAN Business Fair and Business Conclave which is scheduled on Wednesday to Sunday, March 2-6, 2011 in New Delhi. For more inquiries, you may call Ms. Aizel Anolin of the Foreign Trade Service Corps, at / 9672 or mobile numbers / Countdown: 38 days to the 9 TH FPI Golf Classic Tournament It s only 38 days before the 9 th Annual FPI Golf Classic Tournament on Monday, March 28, 2011 at the Tagaytay Midlands Golf Course, Tagaytay City. To date, the initial sponsors of the golf tournament are: CO-PRESENTOR: SAN MIGUEL CORPORATION. MAJOR HOLE SPONSORS: AGC FLAT GLASS PHILS INC./FLAT GLASS ALLIANCE OF THE PHILIPPINES, COCA COLA BOTTLER S PHILIPPINES, MANILA ELECTRIC COMPANY, ORIENTAL AND MOTOLITE MARKETING CORPORATION, PHILSTEEL HOLDINGS CORPORATION, PILIPINAS SHELL PETROLEUM CORPORATION, PHILIPPINE LONG DISTANCE TELEPHONE/SMART COMMUNICATIONS, STEELASIA MANUFACTURING CORPORATION, SUBIC BAY METROPOLITAN AUTHORITY, UNILEVER FOOD SOLUTIONS and WHEALTH INC. HOLE SPONSORS: BANCO DE ORO, BAYANTEL, EAST-WEST SEED COMPANY, GENERAL METAL CONTAINER CORPORATION/ ORIENTAL TIN CAN & METAL SHEETS MANUFACTURING, LINA GROUP OF COMPANIES, MABUHAY VINYL CORPORATION, MAGSAYSAY TRANSPORT & LOGISTICS, PACIFIC PAINT (BOYSEN) PHILS., INC., SAN MIGUEL PUREFOODS, SAP PHILIPPINES, SSI SCHAEFER SYSTEMS PHILIPPINES, INC., SUMMIT RIDGE HOTEL, YUTIVO CORPORATION and TANDUAY DISTILLERS INC. HOLE-IN-ONE SPONSORS: ARMS CORPORATION OF THE PHILIPPINES (M1911-A2 CAL. 45 ACP & M1911-A2 9MM PARABELLUM), MITSUBISHI MOTORS PHILIPPINES CORPORATION (MITSUBISHI ASX ACTIVE SPORT CROSSOVER), UNIVERSAL MOTORS

3 3 CORPORATION (NISSAN NAVARA), and NORKIS GROUP OF COMPANIES (SUNRISER) (SR100A MOTORCYCLE). DONORS: ASIA BREWERY, INC., CEMENT MANUFACTURERS ASSOCIATION OF THE PHILIPPINES, CHEMREZ TECHNOLOGIES, INC., CHENG BAN YEK, CIIF OIL MILLS GROUP, COATS MANILA BAY, DIAMOND HOTEL, DUSIT THANI MANILA, FUTURE TRADE, EDSA SHANGRI-LA, ISS INC., GINEBRA SAN MIGUEL, GLOBE BUSINESS, KIDNEY FOUNDATION, MACROPHARMA, MAKATI SHANGRI-LA, MAXICARE HEALTH CARE, MILEAGE ASIA, PAN PACIFIC HOTEL, PENINSULA HOTEL-MANILA, PHIMCO INDUSTRIES INC., PHILIPPINE BLACK IRON & GALVANIZED IRON PIPE & TUBES MFTRS., INC., PHILIPPINE STEEL ROLLING MILLS ASSOCIATION, PHILIPPINE SUGAR MILLERS ASSOCIATION, RI CHEMICALS CORPORATION, SOFITEL PHILIPPINE PLAZA, SL AGRITECH CORPORATION, TJ s CLEAR ART, TWA, INC., (BIOENERGY), URBAN CHEF and WELDING INDUSTRIES OF THE PHILIPPINES. Golf players who may want to join the tournament are advised to make their reservations now. The registration fee is Four Thousand Pesos (P4,000.00) and covers the cost of the green fee, golf cart for two people, caddie fee, buffet lunch, raffle ticket and giveaway items. Golf players may contact Caren Manzenares or Jojit Yap of the FPI Secretariat at tel. nos , & ; or through the following s: fpi@fpi.ph, fpi@philonline.com, fpi@pldtdsl.net and fpi.secretariat@gmail.com. The tournament is organized by the FPI Golf Committee Chaired by Chris J. Nelson, Philip Morris Philippines Manufacturing Corporation, currently also an FPI Director and Chairman of FPI Ways and Means Committee; Committee Vice Chair Henry A. Tañedo, Tin Can Makers Association, also the concurrent FPI Treasurer; The Committee members are: FPI Chairman Jesus Lim Arranza, Coconut Oil Refiners Association; FPI President George S. Chua, Arms Corporation of the Philippines; FPI Executive Vice President Edwin Ll. Umali, Mabuhay Vinyl Corporation; FPI Vice President for Manufacturing Renato R. Ermita,f AGC Flat Glass Philippines, Inc.; FPI Director Jose Ch. Alvarez, Philippine Phosphate Fertilizer Corporation; FPI Director Abeto A. Uy, Philippine Steel Holdings Corporation; FPI Director Jesus R. Montemayor, Philippine Association of Battery Manufacturers; Claro C. Arriola, Textile Mills Association of the Philippines; Dr. Pedro M. Lopez, Food Exporters Organization of the Philippines; and Ramon C. Agustines, Electric Vehicles Association of the Philippines. LEGISLATIVE COMMITTEE HEARINGS Senate Tuesday, February 22 Time & Venue Agenda Education, Arts & Culture joint with Finance; Ways & Means; Youth, Women & Family Relations; Trade & Commerce; and Local Government 9:00 A.M. Sen. G.T. Pecson Room 2/F S. No. 144 Prescribing entrepreneurship education to high school and college students S. No Including entrepreneurial and financial literacy education for secondary school students S. Nos. 839, 1518, 2613 & 2700 bills on Early Education

4 4 Finance joint with Constitutional Amendments, Revision of Codes & Laws Health & Demography joint with Local Government; Labor, Employment & Human Resource Development; Youth, Women & Family Relations; Banks, Financial Institutions & Currencies; and Finance [TWG] 9:30 A.M. Sen. C.M. Recto Room 2/F 1:00 P.M. Sen. A.B. Padilla Room 2/F S. Nos & 489 Strengthening educational institutions S. Nos. 291 & 1115 Regulating of Tuition Fees S. No Institutionalizing the participation of bona fide people's organization and nongovernment organizations in the deliberation of the annual budget in Congress and local government units S. Nos. 4, 18, 58, 549 & Universal Coverage Under the National Health Insurance Program S. Nos. 55 & Children s Health Insurance Bills S. Nos. 143, 1340, 1971, 1222 & Compulsory NHIP Coverage of BHWs and Informal Sector S. Nos. 189, 2140 & Additional Benefits under the National Health Insurance Program S. No Public Healthcare Infrastructure Fund Act of 2011 Thursday, February 24 Time & Venue Agenda Health & Demography joint with Local Government; Labor, Employment & Human Resource Development; Youth, Women & Family Relations; Banks, Financial Institutions & Currencies; and Finance [TWG] Cooperatives joint with the Joint Congressional Oversight Committee on Cooperatives Health & Demography joint with Youth, Women & Family Relations; and Finance [TWG] 9:00 A.M. Sen. J.P. Laurel Room 2/F 1:00 P.M. Baguio city Hall Baguio City 1:00 P.M. Sen. J.P. Laurel Room 2/F S. Nos. 4, 18, 58, 549 & Universal Coverage Under the National Health Insurance Program S. Nos. 55 & Children s Health Insurance Bills S. Nos. 143, 1340, 1971, 1222 & Compulsory NHIP Coverage of BHWs and Informal Sector S. Nos. 189, 2140 & Additional Benefits under the National Health Insurance Program S. No Public Healthcare Infrastructure Fund Act of 2011 Cooperative Tax Forum and CDA Charter Consultation S. No Providing for a national policy on Reproductive Health and Population and Development

5 P.S. Res. No Inquiring on the status of the Philippines in attaining the Millennium Development Goals 5 House of Representatives Date: Monday, 21-February-2011 ECOLOGY 09:00 AM RVM Bldg. Conf. Rms. 14 &15 Technical Working Group meeting on the Laguna Lake rehabilitation project BANKS & FINANCIAL INTERMEDIARIES 09:30 AM RVM Bldg. Conf. Rms. 3 & 4 HBs 1502 & 3797 Amending PD 612, otherwise known as the Insurance Code, as amended (Reps. Juan Edgardo Angara and Hermilando Mandanas) WAYS & MEANS (Subcommittee on Customs, Tariff and Related Laws) 01:00 PM R. R. Andaya Hall HBs 46, 114, 171, 572, 1694, 3055 & 3786 Strengthening the anti-smuggling mechanism, amending for the purpose certain provisions of PD 1464, otherwise known as the Tariff and Customs Code of the Philippines, as amended (Reps. Rufus Rodriguez, Pedro Romualdo, Eric Singson Jr., Juan Edgardo Angara, Deputy Speaker Lorenzo Tañada III, Reps. Salvador Escudero III and Edgar San Luis) Date: Tuesday, 22-February-2011 ENERGY 09:30 AM RVM Bldg. Conf. Rms. 1 & 2 HR 97 Inquiry into the anti-consumer move of the Power Sector Assets and Liabilities Management Corporation (PSALM) to pass on P billion of its debts and expenses to electricity consumers (Rep. Teodoro Casiño) HR 106 Investigation into the financial condition and funding of the National Power Corporation (NPC) and the PSALM, the status and schedule of payments of NPC's stranded debts and stranded contract costs, and PSALM's personnel salaries and other incentives (Rep. Ben Evardone) HR 199 Inquiry into the debts of PSALM in an effort to lower power rates (Rep. Maximo Rodriguez Jr.) TRADE & INDUSTRY jt. w/ ECONOMIC AFFAIRS 01:30 PM RVM Bldg. Conf. Rms. 9 & 10 Substitute Bill to HB 1224 Institutionalizing corporate social responsibility, providing incentives therefor (Rep. Diosdado Arroyo) Substitute Bill to HBs 549, 913, 1007, 1583, 1733, 1980, 3100, 3134, 3244, 3476, 3534 & 3985 Penalizing anti-competitive agreements, abuse of dominant power, and anti-competitive mergers, establishing the Philippine Fair Competition Commission and appropriating funds therefor (Reps. Juan Ponce Enrile Jr., Susan Yap, Antonio Alvarez, Diosdado Arroyo, Marcelino Teodoro, Rufus Rodriguez, Albert Raymond Garcia and Alfredo Albee Benitez, Gloria Macapagal-Arroyo,

6 Reynaldo Umali, Deputy Speaker Lorenzo Tañada III and Eduardo Gullas) 6 Date: Wednesday, 23-February-2011 WAYS & MEANS (Subcommittee on Customs, Tariff and Related Laws) 01:00 PM RVM Bldg. Conf. Rm. 6 Consolidation of HBs 46, 114, 171, 572, 1694, 3055 & 3786 Strengthening the anti-smuggling mechanism, amending for the purpose certain provisions of PD 1464, otherwise known as the Tariff and Customs Code of the Philippines, as amended (Reps. Rufus Rodriguez, Pedro Romualdo, Eric Singson Jr., Juan Edgardo Angara, Deputy Speaker Lorenzo Tañada III, Reps. Salvador Escudero III and Edgar San Luis) Date: Thursday, 24-February-2011 WAYS & MEANS (Subcommittee on Customs, Tariff and Related Laws) 01:00 PM RVM Bldg. Conf. Rms. 1 & 2 Consolidation of HBs 46, 114, 171, 572, 1694, 3055 & 3786 Strengthening the anti-smuggling mechanism, amending for the purpose certain provisions of PD 1464, otherwise known as the Tariff and Customs Code of the Philippines, as amended (Reps. Rufus Rodriguez, Pedro Romualdo, Eric Singson Jr., Juan Edgardo Angara, Deputy Speaker Lorenzo Tañada III, Reps. Salvador Escudero III and Edgar San Luis) Prepared by the FPI Secretariat Unit 701 Atlanta Centre Condominium, #31 Annapolis St., Greenhills, San Juan City Tel. Nos , & i Fax No i fpi@fpi.ph i fpi@philonline.com ifpi@pldtdsl.netifpi.secretariat@gmail.comiwebsite:

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