Tambuling Batangas Publication July 18-24, 2018 Issue | Page 8

Building a better life... p. 4
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Health coalition urges Justice dep’t to pursue
case vs Garin on Dengvaxia controversy
The coalition pointed out that
there have been warnings on the
dangers of Dengvaxia published
by international and local experts
and the World Health Organization
(WHO) since March 2016, but the
government still proceeded with
the program.
By ANNE MARXZE D. UMIL
MANILA – The Coalition for
People’s Right to Health (CPRH)
urged the Department of Justice
(DOJ) to be pro-people and
pursue criminal cases against
former Health Secretary Janette
Garin and 40 other health and
Sanofi officials in relation to the
Dengvaxia mess.

The group said that
justice should be served to
those who were inoculated with
Dengvaxia.

Reports said there are
now 11 criminal complaints filed
against Garin and other officials
connected to the Dengvaxia mess
in the DOJ.

“The people have been
struggling to achieve justice
for the Dengvaxia vaccinated
children, and the DOJ cases could
be a step closer to it,” Dr. Julie
Caguiat, spokesperson of CPRH
said in a statement.

She said it could not
be denied that the previous
administration
of
President
Benigno Aquino III implemented
the mass vaccination program in
haste “for dubious reasons and
could be riddled with corruption.”

The P3.5 billion ($65
million)
mass
vaccination
program was highly controversial
as the Aquino administration was
about to finish its term when it
was implemented in April 2016,
Sundan sa pahina 6..
SSS invests P3B in
3 domestic mutual
funds
THE state-run Social Security
System (SSS) on Thursday
said it invested P3 billion of its
investment reserve fund (IRF) in
three domestic mutual funds in
the Philippines, the first time in
the history of the pension fund.

SSS President and Chief
Executive Officer Emmanuel
F. Dooc said the pension fund
invested P1 billion each in
PhilEquity Fund Inc as managed
by Philequity Management, Inc.;
Sun Life of Canada Prosperity
Balanced Fund, Inc. as managed
by Sunlife Asset Management
Company, Inc.; and Philippine
Stock Index Fund Corp. as
managed by BPI Investment
Management, Inc starting last
June 27.

“This is the first time
in 61 years that the pension
fund invested in mutual funds.
The deployment of P3 billion in
domestic mutual funds, although
modest in size relative to SSS’
size of about P500 billion is a
significant first step in partnering
with top local managers and has
a lot of potential benefits,” Dooc
said.

“This is a big step for the
SSS. This is a part of broadening
its market-intelligence sources,
discovering best practices and
learning new investing styles
that may be highly suitable to
SSS. The competition brought
about by performance-focused
fund managers should result in
improved total returns of the SSS
funds,” he added.

Dooc added that the
three mutual funds were chosen
through a competitive and
transparent evaluation process.
The deployment of P3 billion was
done in tranches from June 27 to
July 4.

The Social Security
Commission green lighted the
accreditation of the three mutual
fund companies on July 12,
2017 while the approval of the
release of the P3-billion fund in
six installments was on June 20,
2018.

“SSS’ investment in
domestic mutual funds was made
with due diligence and prudence
in line with the basic principles of
safety, good yield and liquidity,”
Dooc said.

“The deployment is
also a statement of confidence in
the Philippine financial market.
While the capital markets may be
in its usual 3rd quarter weakness
brought about by inflation
concerns and global trade-war,
and the longer-term view of
at least two years, the SSS is
confident that its deployment in
Sundan sa pahina 2..
Photo from the Coalition for People’s Right to Health Facebook page.
75 Metro Manila residents awarded land
ownership under ‘Handog Titulo’ program
Susan G. De Leon
QUEZON CITY--A total of 75
residents from Metro Manila
were
awarded
ownership
over the land they occupied
for several years through the
“Handog Titulo” program of the
Department of Environment and
Natural Resources (DENR).
The beneficiaries received
their land titles during the
celebration of the 31st founding
anniversary of the DENR
on July 4, 2018 at the Ninoy
Aquino Parks and Wildlife
Center here.

No less than President
Rodrigo Duterte, who was
guest of honor at the DENR
anniversary rites, handed over
the titles to the beneficiaries
from the municipality of
Pateros and the cities of
Taguig, Makati, Parañaque and
Valenzuela.
Sundan sa pahina 6..
Representing her co-beneficiaries of ‘Handog Titulo’ from Taguig City, Rizalina Rivera, representing her co-
beneficiaries of ‘Handog Titulo’ from Taguig City receives nine land titles from no less than President Duterte and
Environment Secretary Roy A. Cimatu during the 31st founding anniversary of the Department of Environment and
Natural Resources (DENR) held at the Ninoy Aquino Parks and Wildlife Center in Quezon City.