Should he take this challenge seriously, Vince Perez will have to move out of the Department of Energy, where he runs the risk of being called "Mr. No Ilaw" vis-a-vis Mar Roxas "Mr. Palengke" before the next senatorial election in 2007.
Unlike Mr. Roxas, Mr. Perez will also not be able to get additional media mileage from his love life. You see, hes content with wife, Leigh Perez, a fellow investment banker turned environmentalist who now co-owns and runs the El Nido Resort in Palawan.
Behind his back, Mr. Perez is already being called the "Prince of Darkness" by independent power producers and power distributors in the Visayas, which is currently suffering regular outages. Mindanao is expected to have the same problem next year and Luzon by 2007.
My reply: Tony Abad attached the price list of the generic products imported from India as of April 30, 2004 but not the list of public hospitals which carry these drugs. Perhaps PITC should double check the so-called 76 hospitals (which carry these drugs) in terms of repeat orders and in terms of their having paid PITC for these orders? Only 11 public hospitals nationwide seem to have met these criteria.
My reply: That ABS-CBN had a fantastic first quarter run in terms of gross revenues had never been questioned; its inefficient use of available funds was. How else explain that ABS-CBN grossed significantly more than its nearest rival, GMA Network, Inc. and yet generated a net income yes, yes, after taxes, which is what counts which was half of what GMA Network reported?