Caraga Today October-December 2017

4|Caraga RDC creates Regional Research, Development, and Innovation Committee 7|NEDA gears up for Philippine transport masterplan 8|Caraga hosts Cacaolink Mindanao 2017 18|2Q 2017 Regional Economic Situationer 28|Q2 2017 Regional Project Monitoring Report

today caraga

October - December 2017 Vol. XX Issue 4

A Publication of the Caraga Regional Development Council

COVER

Caraga observes 2017 Economic and Financial Literacy Week

caraga today Volume XX Issue 4

October - December 2017

On this issue

HIGHLIGHT This issue focuses on the observation of the 2017 National Economic and Financial Literacy Week, which aims to improve the public’s understanding of economic and financial concepts to help them earn sustainably by making informed and sound financial decisions.

NEWS 4 Caraga RDC creates Regional Research, Development, and Innovation Committee 5 NEDA, Green Growth Institute mainstream Green Growth in Dinagat Islands

6 NEDA-Caraga spearheads RDP communication plan workshop 7 NEDA gears up for Philippine transport masterplan 8 Caraga hosts Cacaolink Mindanao 2017 11 NEDA facilitates Geotagging training for DAR’s Project ConVERGE

FEATURES 12 Frequently Asked Questions on Dengue Immunization 13 FabLab: an artist’s haven, soon in Caraga 14 Financial literacy for Filipinos: understanding for better living

Vol. XX Issue 4

3

Editor’s Note Melanie A. Maur

Our previous issue highlighted the unveiling of the National and Regional Development Plans for 2017-2022 in Caraga with NEDA Undersecretary for Regional Development Adoracion Navarro as guest of honor.

This time, our focus is on the observance of the 2017 National Economic and Financial Literacy Week, which aims to improve the public’s awareness on economic and financial concepts for them to earn sustainably through making informed financial decisions. In Caraga, this was highlighted as a Regional Forum on Economic and Financial Literacy.

Also on this issue , insights and tools on economic and financial literacy are discussed in a special feature to help the public make sound financial decisions.

Apart from articles on financial literacy, we bring you the latest in regional development. Among them is the creation of a Regional Committee on Research, Development, and Innovation under the Caraga Regional Development Council (RDC), to support the country’s and region’s aim of establishing a globally-competitive knowledge economy by promoting and accelerating technology adoption and stimulating innovation.

We also feature the Caraga RDC’s efforts in preparing the Communication Plan of the Regional Development Plan 2017 -2022.

Another development to

ON THE COVER Caraga observes 2017 Economic and Financial Literacy Week with the conduct of the Regional Forum on Economic and Financial Literacy (EFL) for students and informal workers to improve their awareness on basic economic concepts and financial management.

watch is the preparation of the Philippine Transportation System Master Plan (PTSMP), which aims to address the need to unify transport-related plans in the country. Another recent significant engagement in the region is the hosting of the Cacaolink Mindanao 2017, which gathered cacao growers and investors to discuss prospects and opportunities for the industry. All these and more are on the spotlight in our last issue for 2017.

The year 2017 is coming to a close, but certainly there are more exciting things happening and promising developments are worth looking forward to in Caraga.

caraga today

4

Caraga Regional Development Council creates Regional Research, Development and Innovation Committee

by Ms. Shiela M. Bermoy, NEDA-Caraga

The Caraga Regional Development Council created the Regional Research, Development, and Innovation Committee (RRDIC) through RDC Resolution No. 29, Series of 2017, “Creating the Regional Research, Development and Innovation Committee under the Regional Development Council” during the 92nd RDC Full Council Meeting held on September 27, 2017 in Butuan City.

The Committee shall support the country’s and region’s aim of establishing a globallycompetitive knowledge economy by promoting and accelerating technology adoption and stimulating innovation, The Department of Science and Technology (DOST) proposed the creation of the RRDIC. The DOST recognizes the critical role of a regional research and development (R & D) agenda in addressing the needs of various sectors in the region.

The RRDIC shall close the gaps and address the challenges of regional socio-economic development by ensuring that researches, innovations, and other science and technology-based projects are relevant, responsive, and aligned with regional development thrusts.

The committee is responsible for the following: 1. Plan the regional R&D agenda, specifically the research priorities of the region; 2. Set regional policies and direction on research, development, and innovation which will be reflected in the RDP; 3. Spearhead inter-agency collaborations for science and technology-related activities; and 4. Promote adoption of publicly-funded research, development and innovation (RDI) results. The Committee shall also discuss RDI-related issues and concerns of the region.

The Regional Director of the DOST-Caraga is the Committee Chairperson; while the CoChairperson shall be selected from among the private sector committee members. The Regional Director of the National Economic and Development Authority shall serve as the ViceChairperson.

The following are the regular committee members: a. Regional Directors of the

b.

c. d.

e.

Department of Agriculture, Department of Environment and Natural Resources, Department of Health, Bureau of Fishery and Aquatic Resources, Philippine Coconut Authority, Department of Tourism, Mines and Geosciences Bureau, Office of the Civil Defense, Philippine Statistics Authority, Commission on Higher Education and Department of Trade and Industry; Presidents of State University Colleges, Higher Education Institutions and Philippine Association of State Universities and Colleges in the region; Chairpersons of various regional consortia; Private Sector Representatives (preferably Presidents of Industry/ Sectoral groups with S&T related advocacies); and Provincial and City Chief Executives.

Vol. XX Issue 4

5

NEDA, Green Growth Institute mainstream Green Growth in Dinagat Islands

By Mr. Paul Edward B. Castillo, NEDA-Caraga

The National Economic and Development Authority- Regional Office (NRO) Caraga, in partnership with Global Green Growth Institute (GGGI), launched the project, “Mainstreaming Green Growth in Development Planning” in the Province of Dinagat Islands.

The project aims to promote climate resilience and inclusive growth through the use of Green Growth tools and guidelines in the local development planning processes. The provinces of Dinagat Islands and Bataan have been identified as the two pilot areas of the country.

The Green Growth Project consists of three components, namely: 1. Green Growth Planning Assessment and Analytical Tools Development; 2. Capacity Building to Institutionalize Green Growth and Planning Processes; and

Taken during the conduct of the Capacity Needs Assessment for Dinagat Islands on August 17-18, 2017

3. Pilot-Testing of the Green Growth Toolkit in selected provinces.

The planning assessment was held on 17-18 August 2017 at the Provincial Guest Center of the Province of Dinagat Islands. The participants gauged their awareness and understanding of Green Growth concepts; they also assessed the Provincial Development Physical Framework Plan’s alignment to GG concepts.

Results from the capacity assessment were used as the basis for the design of the Capacity Building to Institutionalize Green Growth and Planning Process last 16-19 October 2017 at Provincial Guest Center; the Local Government employees of Dinagat Islands participated in the event. The training workshop was designed to: 1. Increase appreciation of green growth concepts and principles;

2. Acquire broader knowledge of selected international and local green growth practices and experience; and 3. Enhance understanding of selected green growth tools and methodologies that support evidence-based development planning, and monitoring and evaluation of development plans.

Recently, an Interim Evaluation Workshop for the Green Growth Project was conducted on 28-29 November 2017 at Astoria Plaza Ortigas Center . The workshop was intended to assess the gains and identify gaps on the four-day capacity building workshop, and to further inform the participants on the upcoming activities of the Green Growth Project.

The pilot testing of the Green Growth Toolkit is scheduled in 2018.

caraga today

6

NEDA-Caraga spearheads RDP communication plan workshop

By Mr. Sherwin E. Verdun, NEDA-Caraga

The National Economic and Development Authority-Caraga spearheaded the communication plan workshop for the Caraga Regional Development Plan 2017 -2022 on October 25-26, 2017 at NEDA-Caraga Conference Room, Butuan City.

During the workshop, the function and role of ethics in government communication as well as the role of communication in development were reviewed.

As guide to the workshop, the participants were oriented on AmBisyon Natin 2040, Philippine Development Plan 2017-2022, Caraga Regional Development Plan (RDP) 2017-2022, and the Sustainable Development Goals.

The participants were then apprised of what has been done to implement the previous communication plan of the Caraga RDP 2013-2016.

The OASIS (Objective, Audience, Strategies, Implementation, Scoring) communication planning model, popularized by the UK Government, was introduced to the participants as the planning model. The purpose is to make the communication plan a resultsbased communication plan with the end of communicating the outcomes of the RDP. The workshop consisted of five stages. First, was on communication objective formulation where the

participants identified the communication objective of their assigned RDP chapters. The second workshop is on audience analysis where participants identified the primary, secondary, and tertiary audiences. Third, to achieve the communication objective, the participants formulated communication strategies in the areas of behavior change communication, social mobilization, and advocacy using the MINDSPACE (Messenger, Incentives, Norms, Defaults, Salience, Priming, Affect, Commitments, Ego) framework.

Fourth, in the plan implementation stage, the participants enhanced the activities that they have identified in stage three using the EAST (Easy, Attractive, Social, Timely) framework. Finally, the participants formulated the indicators for the scoring/ evaluation stage.

The participants also aligned and improved their usual communication activities in achieving the RDP outcomes in the third and fourth stages.

The attendees of the two-day workshop came from the academe – Agusan del Sur State College of Agriculture and Technology, Caraga State University, Father Saturnino Urios University, and Philippine Normal UniversityMindanao Campus; the Armed Forces of the Philippines (401st

and 402nd Brigades); Bureaus of Jail Management and Penology, Local Government Finance, and Mines and Geosciences; Commission on Population; Departments of Agrarian Reform, Agriculture, Education, Environment and Natural Resources, Health, Interior and Local Government, Labor and Employment, Public Works and Highways, Science and Technology, Social Welfare and Development, Trade and Industry, Transportation, and Tourism; Home Development Mutual Fund; Maritime Industry Authority; National Commission on Muslim Filipinos; National Housing Authority; National Intelligence Coordinating Agency; National Irrigation Administration; National Nutrition Council; Office of the Civil Defense; Parole and Probation Administration; PhilHealth; Philippine National Police; Public Attorney’s Office; and the Technical Education and Skills Development Authority.

The Local Governments of Butuan City, Surigao City, Agusan del Norte, Agusan del Sur, Surigao del Norte, and Surigao del Sur; and the Private Sector Representatives were also represented.

Vol. XX Issue 4

7

NEDA gears up for Philippine transport masterplan

by Engr. Ian G. Miculob, NEDA-Caraga

Addressing the need to unify transport-related plans in the country, the National Economic and Development Authority (NEDA ) recently approved a project to formulate the Philippine Transportation System Master Plan (PTSMP).

To implement the said project, NEDA engaged three consulting firms, including Transport and Traffic Planners (TTPI) Inc., PHILKOEI International Inc., and Test Consultants Inc. that will conduct regional consultations, workshops, secondary data analysis, among others. The team commenced the activities on August 15, 2017.

The PTSMP, which is anchored on the National Transport Policy, aims to synchronize decisions and investments of all transportrelated agencies and coordinate effectively such efforts between the national and local levels. The Plan will also complement the vision of the Philippine Development Plan 2017-2022 in sustaining economic growth and increasing competitiveness by providing adequate, accessible, reliable, and safe access for people and goods across the country, neighboring regions, and the world.

The consultants gathered secondary data from the Roadmap for Transport Infrastructure Development for Metro Manila

The participants identify and prioritize transport-related projects that can be included in the Philippine Transportation Masterplan during a workshop on November 24, 2016 in Butuan City. (Photo: Ms. Gemima Olam, NEDA-Caraga)

and its surrounding areas (Regions III and IV-A), the study on Masterplan on High Standard Highway Network Development in the Republic of the Philippines, the Roadmap Study for Sustainable Urban Development in Metro Cebu, Urban Transport Masterplan Study for Metro Cebu, and Masterplan Study on Strategy for the Improvement of National Airports in the Republic of the Philippines.

Two of the consultants, Dr. Seng Felias and Mimi Estaris, facilitated the regional consultative meeting-workshop on November 24, 2017 at Almont

Inland Resort Hotel in Butuan City. Representatives from local government units, private sector, Infrastructure Development Committee agencies, and other regional line agencies attended the consultation. The consultants were able to generate prioritized transport-related projects in the region that can be considered in the masterplan. Succeeding activities of the project are scheduled next year.

caraga today

8

Caraga hosts Cacaolink Mindanao 2017

by Ms. Mirasol P. Montenegro, NEDA-Caraga

The Caraga Region successfully hosted the 2017 Cacaolink Mindanao on October 17-18, 2017 at the Almont Hotel and Inland Resort.

The Caraga Regional Development Council (RDC) supported the conduct of the activity during the 91st RDC Meeting on 15 June 2017 in Butuan City through RDC Resolution No. 18, Series of 2017, “Endorsing and Supporting the Mindanao Cacaolink 2017.”

The two-day event gathered cacao growers and investors in Mindanao to discuss prospects

and opportunities for the cacao industry as well as evaluate common issues and other concerns. The conference also showcased the latest scientific and market research developments from the various stakeholders.

The Caraga Cacao Incorporated (CaCao, Inc.), in coordination with the Philippine Cacao Industry Council (PCIC), Department of Agriculture (DA), Department of Trade and Industry, and other concerned regional line agencies organized the event.

Four hundred eighty-eight participants from five regions representing cacao farmers’ organizations (farmers, producers, processors, buyers and traders), national/regional/provincial cacao industry clusters, sponsors, exhibitors, suppliers from private companies, and regional line agencies attended the activity.

Cacao Link Mindanao 2017 officially started with the opening of exhibits showcasing the various cacao products from all over Mindanao.

DA Undersecretary Evelyn Laviña, PCIC Chairperson Val

Vol. XX Issue 4

9

Opening of exhibit at the CacaoLink Mindanao 2017 (Above photo: DTIAgusan del Sur; Left photo: Ms. Marisol Montenegro, NEDA-Caraga)

Turtur, ACDI/VOCA Chief of Party Thelonoous Trimmel, CaCaO, Inc Chairperson Christopher Lindo, DA-Caraga Regional Executive Director Abel James Monteagudo and DTI Region XI Assistant Regional Director Edwin O. Banquerigo graced the event.

The technical sessions during the conference focused on proper management of cacao from production, harvesting, and processing.

A business matching session was also done to address various

concerns of the cacao farmers and other stakeholders. There were assigned stations to address concerns on marketing, crop nutrition management, financing, and product packaging.

Participants were advised to approach the stations where they can consult their respective concerns.

Cacao Industry Council Region 9 Chairperson Angelito Sunglao formally closed the twoday activity.

caraga today

10

NEDA-Caraga, Consultant partner for Potential Investment Alternatives to Mining research

By Mr. Sherwin E. Verdun, NEDA-Caraga

The National Economic and Development Authority-Caraga and the Resources, Environment, and Economics Center for Studies, Inc. (REECS) will partner for a 12-month research project entitled Potential Investment Alternatives to Mining.

The project is an offshoot of the threatened closure of 17 mining companies by the Department of Environment and Natural Resources during Sec. Gina Lopez’s tenure that will affect an estimated 13,237

employees.

The project has four parts.

First, the Consultant will determine the extent of social, economic, and environmental impact of mining in Caraga Region. From the assessments, the Consultant will come up with Socio-economic Impact and Environmental Impact Reports.

Second, the Consultant will determine potential investment opportunities as alternatives to mining especially in the areas of fishery, agro-forestry, ecotourism, and industries that will

lead the region into a knowledgebased economy. The result will be translated into Investment Portfolios per province.

Third, the Consultant will develop value chain analysis for each of the prioritized investment potential. The results of the activities will comprise the Value Chain Analysis and Cost-benefit Analysis reports.

Finally, the Consultant together with NEDA-Caraga will conduct an Investment Congress.

Caraganons dance to Tunog ng Progreso

By Ms. Melanie A. Maur, NEDA-Caraga

Caraganons eagerly danced to the beat of Tunog ng Progreso during the opening ceremony of the National Statistics Month Celebration on October 2, 2015 at the Robinson’s Mall Butuan.

Tunog ng Progreso is NEDA’s anthem for the country’s progress.

At the regional level, Caraganons believe that Tunog ng Progreso is their beat to promote the Philippine Development Plan 2017-2022 and its regional counterpart, the Caraga Regional Development Plan 2017-2022.

Both plans are anchored on the President’s 0 to 10

Socioeconomic Agenda and geared towards the realization of the country’s long term vision of a matatag, maginhawa, at panatag na buhay para sa lahat or AmBisyon Natin 2040.

For greater recall, the NEDA Caraga staffs came up with dance steps to bring life to the sound of progress. The NEDAns led the dance moves while the participants followed. The dance steps are just NEDA Caraga’s first steps in popularizing the song.

Vol. XX Issue 4

11

NEDA facilitates Geotagging training for Project ConVERGE

by Mr. Marx Rev A. Buenavidez, NEDA-Caraga

Group photo with NEDA resource persons and DAR participants

The National Economic and Development Authority (NEDA) Caraga Region facilitated the training on Applied Geotagging Technology for project monitoring of the Department of Agrarian Reform (DAR) Project Convergence on Value Chain Enhancement for Rural Growth and Empowerment (ConVERGE).

The three-day training was conducted at Hotel Tavern in Surigao City on November 7 to 9, 2017. It was participated by DAR regional and provincial staff and monitoring evaluators led by Engr. Evangeline Hanginan, the Project Engineer of DAR Regional Project Management Office.

The training provided the participants with basic knowledge and skills in Geotagging and web application and processing.

Geotagging is the process of adding geographical information, usually with latitude and longitude coordinates, to various

media such as videos and photos.

It has been adopted by various line agencies and offices including NEDA Caraga for the quarterly monitoring and evaluation of government projects. Incorporating Geotagging technology in monitoring of projects promotes transparency and improves efficiency in project management.

During the third day of the training, the participants were tasked to geotag a DAR road project utilizing the technology introduced. Divided into groups, they were able to geotag the road project and save the information in their mobile devices. On the last day, the participants were taught how to transfer the saved files from their devices to the computer and make use of the information in preparing for a report. The participants were also taught how to create a website for the geotagged files for easy

access and storage of data.

According to Engr. Hanginan, the Geotagging tool is significant for Project ConVERGE as it will provide easy reference for the various phases of road projects from proposed to ongoing to completed.

Project ConVERGE is a rural development initiative and flagship program of the International Fund for Agricultural Development (IFAD) of the United Nations to reduce poverty by improving agricultural productivity and increasing farmer’s income. The projects under ConVERGE will be implemented in different agrarian reform communities in three regions in Mindanao including Caraga Region.

Engr. Mitchell C. Castillon and Mr. Marx Rev A. Buenavidez of the Project Monitoring and Evaluation Division of NEDA facilitated the training.

12

caraga today

Vol. XX Issue 4

13

FabLab: an artist’s haven, soon in Caraga

by Ms. Gladys C. Giberson, NEDA-Caraga

Right photo: Mechatronics Building, Caraga State University, the proposed FabLab location. Inset: Proposed FabLab Workspace

The Caraga creative industry will soon have access to a high-end facility that will help produce high quality products as the Department of Trade and Industry (DTI), in collaboration with the Caraga State University (CSU), will open the Caraga Fabrication Laboratory in May 2018.

A Fabrication Laboratory, commonly known as FabLab, is an interdisciplinary space for innovation where anyone can make (almost) anything. These laboratories were established to inspire entrepreneurs and artists to turn their ideas into new products and prototypes by providing access to an array of advanced flexible digital manufacturing tools.

FabLab is a DTI-funded Shared Service Facility (SSF) with a total of PhP12 million worth of advanced technological equipment situated inside CSU Campus. The

equipment include 3D printer, laser cutter and engraver, computer numerical control machine for wood works and metal crafts, electronic rapid prototyping, visual graphic equipment, among others.

The university also provided a sum of PhP3 million for the construction of the workspace inside its Mechatronics Building.

The project identified the micro, small and medium enterprises (MSMEs) from gifts, decors and handicrafts (GDH), processed foods, creative industry, and wood manufacturing; CSU students; local designers, researchers; and local government units as target market for the region. The CSU has yet to finalize equipment usage fees to help maintain the equipment.

The Caraga Fablab will be connected with other FabLabs in a global network where everyone can

engage in a creative learning process, share ideas and techniques, and even open their design among themselves. In the Philippines, 10 FabLabs are currently within the global network; while five (5), including Caraga’s, are in the membership process.

FabLab was born from an idea of creating an enabling environment for innovation by Professor Neil Gershenfeld, a renowned inventor and scientist from the Massachusetts Institute of Technology (MIT); it was a part of his class called “How to Make Almost Anything.” He envisioned a one-stop workspace for entrepreneurs, students, artists, small businesses, and anyone who wants to create something new.

FabLabs quickly spread, now with over 1,200 laboratories in 106 countries.

caraga today

14

Financial literacy for Filipinos: understanding for better living

By Ms. Melanie A. Maur, NEDA-Caraga

What is financial literacy?

Financial literacy, financial knowledge and financial education are used interchangeably in formal literature and popular media. Various sources provide various definitions to financial literacy, but have one thing in common--- everything revolves around money, knowledge and use.

Mandell (2009) defines financial literacy as “the ability to use knowledge and skills to manage one’s financial resources effectively for lifetime financial security.”

Huston (2010) explains that financial literacy is made up of two elements: understanding and use.

Understanding financial literacy implies that a person is knowledgeable about personal finance, and applies such knowledge in dealing with one’s finances.

Meanwhile, Hastings, et al (2013) refers to financial literacy as: 1. Knowledge of financial products (e.g., what is a stock vs. a bond; the difference between a fixed vs. an adjustable rate mortgage); 2. Knowledge of financial concepts (inflation, compounding, diversification, credit scores); 3. Having the mathematical skills or numeracy necessary for effective financial decision making; and 4. Being engaged in certain activities such as financial planning.

Determinants of financiallyliterate persons: 1. Plans, saves, invests in stocks, accumulate more wealth (Lusardi and Mitchell, 2014)

2. Less credit card debt 3. When they borrow, they manage their loans better, paying off the full amount each month rather than just the minimum due.

4. They refinance their mortgages when it makes sense to do so 5. Less likely to use high-cost borrowing methods More knowledgeable individuals “invest in more sophisticated assets, generating higher expected returns on retirement saving along with lower nonsystematic risks,” according to Mitchell (2014).

“Financial education empowers people to manage their resources with prudence, instills the discipline of saving regularly, and safely grow their money.”

- Former Bangko Sentral ng Pilipinas Governor Armando Tetangco, Jr. Is financial education an antidote to poor financial decision making?

Bernheim, et al (2001) believe that although financial literacy is a somewhat new, policy initiatives in financial literacy is not. In 1950s, the United States began recommending policies to improve the quality of personal financial decision making through financial education thru the “inclusion of personal finance, economics, and other consumer education topics” to children enrolled in the K-12 educational

curriculum.

Financial education should be the best tool to effectively come up with better financial outcomes.

Previous studies have shown that lower levels of financial literacy is associated with lower rates for planning for retirement, lower rates of asset accumulation, using highercost financials services, lower participation in the stock market, and higher levels of debt4.

Saving is imperative to improve individual and societal welfare. At the personal level, savings help households achieve smooth consumption patterns. Savings also help finance productive investments in human and business capital. At the macroeconomic level, savings rates are strongly predictive of future economic growth.6 However, access to financial education does not guarantee that poor financial practices are provided with solutions. In saving, learners should be taught the best way to save and safeguard their money. Although saving is now taught in schools and various conferences, policymakers need to look into teaching people the possibility of saving more by paying down existing debt. In the Philippines, the current administration has been taking small steps to pin down the problem on debts and encourage saving more by offering lower loan rates to micro and small business enterprises.

Financial literacy among Filipinos The Filipino mindset upon receipt of salaries, as commonly-known, is that upon receipt of salaries, spending comes in before saving. What is left, is saved. If there’s none left, then, there’s nothing saved.

Vol. XX Issue 4

According to a study conducted

by Philam Life, 96 percent of Filipinos are concerned about their own and their family’s health, however, only 16 percent of them are prepared to pay for medical costs in case they are diagnosed with a critical illness.9 There is a rising number of senior-dependents or those retirees who depend on their children for financial help, due to lack of financial education.

Financial planning teaches individuals to be responsible when it comes to their finances, and instills the discipline needed in order to keep track of their financial goals.9 Financial planning involves educating Filipinos on the different types of goals that they should set: short-term, medium-term, and longterm. Short-term goals involve monthly living expenses that need to be paid, or the person’s basic needs, including the setting-up of an emergency fund. In contrast, medium term goals are those you want to achieve in one to five years like buying a house or a car, while long term goals are those that take longer than five years to achieve.

To address the growing demand for more investments in the country, the financial industry advises that Filipinos should save first and spend whatever is left after putting their savings aside.

What can the government and financial institutions do to make Filipinos financially-literate?

1. Develop financial education policies and set up robust financial products available to the financial intermediaries and their customers.7 2. Develop financial education policies and set up robust financial consumer protection frameworks to ensure that consumers are informed and

15

understand the financial products available to them.7 3. Involve financial service providers and other key stakeholders to build the financial capabilities of the youth and adults through a variety of delivery channels. 8 4. Empower teenagers to deliver financial education on issues such as savings to younger children. This peer-to-peer approach is useful because young people tend to listen to their peers more than adults, and the participative approach helps foster youth as agents of change in their own communities.8 Financial literacy programs can reduce economic inequalities as well as empowering citizens and decreasing information asymmetries between financial intermediaries and their customers. 8 Sources: Mandell, Lewis. The Financial Literacy of Young American Adults. Results of the 2008 National Jump$tart Coalition Survey of High School Seniors and College Students. Jumpstart Coalition; Washington D.C.: 2009.

Bernheim BD, Garrett DM, Maki DM. Education and saving: the long-term effect of high school financial curriculum mandates. J. Public Econ. 2001;80:435– 465.

Hastings, JS, Madrian, BC, Skimmyhorn, WL. Financial Literacy, financial education and economic outcomes. Annual Review of Economics. Vol 5:347-373. August 2013. https://www.stlouisfed.org/on-theeconomy/2015/march/the-impact-offinancial-education Mitchell, Olivia. Financial Literacy and Economic Outcomes: Evidence and Policy Implications https://www.ncbi.nlm.nih.gov/pmc/articles/ PMC4358152/pdf/roiw0060-0036.pdf Huston, Sandra. Measuring Financial Literacy.

The Journal of Consumer Affairs, Vol.44, No. 2. 2010 Bel, Sarah. Why financial literacy matters for development. UNCDF Better Than Cash Alliance. OECD Development Centre, page 4 www.philstar.com/businessusual/2017/05/29/1704453/financialliteracy-crucial-tapping-millennials www.stockmarketforpinoys.com/advocacy/

Filipinos wasted 160 Billion Pesos

in 2011 because of Financial Ignorance.

In 2011, the Bangko Sentral ng Pilipinas (BSP) reported that the total amount of money Filipinos had in Time Deposits and Savings accounts was around Four Trillion Pesos.

While that may seem like a good thing, because (apparently) Filipinos have a lot of money, letting it stay in the bank is terrifyingly wasteful. Even though the money in the bank is

gaining 1% interest every year, the prices of everyday stuff becomes more and more expensive by an average of 5% per year (inflation). So this leaves us with a annual net loss of negative 4% on what our money can buy.

If you apply -4% to the P4 Trillion above, you’ll get a negative 160 Billion Pesos. source: www.stockmarketforpinoys.com/ advocacy/

caraga today

16

Cover Story Caraga observes 2017 Economic and Financial Literacy Week through regional forum

By Ms. Rhea Mae C. Mendez, NEDA-Caraga

Seventy senior high school and college students pose with the speakers and ARD Roy Kantuna after the forum.

Around 70 senior high school and college students from various higher education institutions (HEIs), including workers from the informal sector, participated in the Regional Forum on Economic and Financial Literacy conducted by the Caraga Regional Office of the National Economic and Development Authority (NEDA) on 10 November 2017.

NEDA-Caraga Regional Director Mylah Faye Cariño gave a brief overview of how NEDA works as the premier planning agency of the government. She emphasized NEDA’s role in formulating, promoting, and implementing the Duterte Administration’s thrust to lay the foundation for inclusive growth, high-trust society and a

globally-competitive knowledge economy towards achieving a matatag, maginhawa at panatag na buhay para sa lahat (simple and comfortable life for all). This thrust is explicitly embedded in the Philippine Development Plan 20172022 and the Caraga Regional Plan.

She added that through the forum, young students and workers in the informal sector may understand the mechanisms of the economy and how financial literacy can help them manage their finances better and help keep the economy dynamic and vibrant as young leaders.

Using a simplified module for young minds, Economic Specialist Development II of NEDA-Caraga Mr. Gemeniano B. Crisante, Jr. engaged the participants in a lively

discussion on basic economic concepts. The students were particularly interested in economic activities that affect their purchasing power and the national economy in general.

Bank Offer II Glizriel Rose Z. Quijada of the Butuan Branch of Bangko Sentral ng Pilipinas presented a module on financial literacy for students and gave tips on handling their personal finances as well as making their money grow.

As an input to Ms. Quijada’s presentation, Ms. Patricia Dagang of Manulife briefly discussed why it is important to make money grow and invest in stable investment options such as mutual fund or bonds.

Forum participants and other netizens were encouraged to share

Vol. XX Issue 4

the EFLW communication materials and news features on NEDACaraga’s social media accounts, using the official hashtags: #KitaMoNa #EFLW2017 and #AmBisyonNatin2040.

The regional forum and online campaign are in line with the annual celebration of the Economic and Financial Literacy Week (EFLW), which is set every second week of November. Pursuant to Republic Act No. 10922, “An Act Declaring the Second Week of November of Every Year as Economic and Financial Literacy Week”, the NEDA leads the celebration of the EFLW.

17

This year’s EFLW theme is, “O Kita Mo Na: ‘Pag May Alam sa Ekonomiya at Pinansya, Malaki ang Ganansya’.”

The celebration aims to achieve the following: a. Improve the public’s understanding, particularly youth and workers in the informal sector (WIS), of economic and financial concepts to help them earn sustainably; and b. Provide insights and tools that will enable the WIS to make informed and sound financial decisions to help them grow in their fields.

Left: NEDA-Caraga RD Mylah Faye Aurora Cariño welcomes the students to the forum.

Right: Mr. Geminiano Crisante, Jr. talks about inflation, law of supply and demand and other macro and microeconomic concepts t o the students.

Students ask questions on balancing economic growth and sustainable development, as well as accessing funds for research activities.

caraga today

18

Q2 2017 Regional Economic Situationer Text and graphs by Ms. Shirley C. Torotoro, NEDA-Caraga

Macroeconomic Performance Inflation and Consumer Price Index Caraga region’s inflation rate registered an average of 2.60 percent in the second quarter of 2017. This represents an increase of 0.8 percentage points from 1.70 in 2016 of the same period.

Agusan del Sur recorded the highest rate during the quarter with 2.93 percent. Surigao del Norte followed with 2.90 percent and Agusan del Norte with 2.80 percent. The province of Surigao del Sur registered the lowest inflation rate with an average of 1.63 percent..

On the second quarter of 2017, Caraga’s Consumer Price Index (CPI) averaged at PhP164.80. This is 1.46 percent higher than the CPI of the same period last year which was at PhP162.40.

Among the provinces, Surigao del Sur still posted the highest average CPI of PhP187.53 followed by Agusan del Sur (PhP162.43), Agusan del Norte (PhP156.10) and Surigao del Norte (PhP153.00) respectively.

Labor and Employment The region’s labor force increased by 1.66 percent in April 2017.

Labor rate participation likewise exhibited an increase of 0.46 percentage points.

Employment rate grew by 1.38 percent from 94 percent in April 2016 to 95.3 percent in

Inflation rate increases

Purchasing power of peso maintains

Consumer price index increases

Source: Philippine Statistics Authority

Vol. XX Issue 4

19

Employment rate increases Key Labor Statistics, Caraga

2Q 2016

2Q 2017

Percent Change

Difference

Labor Force (in thousands)

1,736

1,843

6.16

137.0

Labor Force Participation Rate

64.90

65.20

0.46

0.30

Employment Rate

94.00

95.30

1.38

1.30

6.00

4.70

(21.67)

(1.30)

32.10

23.30

(27.41)

(8.8)

Unemployment Rate Underemployment Rate

Source: Philippine Statistics Authority

April 2017. This resulted in a decrease by 21.67 percent in the unemployment rate of the region.

Underemployment rate dropped by 27.41 percent.

Agriculture, Forestry and Fishery

Palay During the second quarter of 2017, palay production reached 252,316MT posting a growth of 10.42 percent from the 228,512MT harvested in the same period in 2016. The improvement in production is attributed to the increase in area planted from a total of 77,199 hectares in 2016 to 80,466 hectares in 2017. Irrigated and rainfed farms increased by 3.72 percent and 4.85 percent, respectively.

Agusan del Sur, considered as the rice hub of the region, remained as the biggest producer of palay contributing 51.77 percent of the overall output for the quarter or a total of 130,633 MT. Surigao del Sur followed with 53,042 MT contributing 21.02 percent. Agusan del Norte contributed 16.41 percent with its 18.24 percent increase in production. Surigao del Norte and Province of Dinagat Islands trailed with 9.61 and 1.19 percent

shares, respectively.

Corn Corn production in the region experienced a drop in performance posting only 4,932 metric tons (MT) in the second quarter of 2017 or a significant decrease of 87.11 percent compared to the 38,268 MT output for the same period last year.

The double-digit backslide in production by 91.35 and 73.20 percent in Agusan del Sur and Agusan del Norte, respectively caused the overall setback in the performance of the region. On the other hand, Surigao del Sur’s output increased by 69.57 percent and contributed approximately 2.37 percent to the region’s total output. The Province of Dinagat Islands and Surigao del Norte contributed 1.68 and 3.16 percent, respectively.

The 84.39 percent decrease in area planted in the second quarter of 2017 greatly contributed to the decrease in total production. From 11,643 hectares in 2016, the area planted went down to only 1,817 hectares in 2017.

Data from the Philippine Statistics Authority indicates that area planted with white corn which accounted for 85.14

percent of the total area decreased substantially by 79.11 percent.

From a total of 7,406 hectares in the second quarter 2016 it went down to 1,547 hectares in the second quarter 2017. Similarly, area planted with yellow corn with 14.86 percent share decreased to 270 hectares in 2017 for the same quarter.

Fruits Total fruit production had a sluggish performance with a slight expansion of only 1.86 percent; from a total volume of 77,247.14 MT in the second quarter 2016 it went up to 78,684.52 MT in the first quarter 2017.

Majority of the region’s total fruit production is attributed to the output of major fruits (banana, calamansi, mango and pineapple) with 96.52 percent share. The group posted an increase of 1.97 percent.

Unlike in the first quarter, priority fruits (balimbing, durian, lanzones, mangosteen, papaya, rambutan, tamarind, watermelon, mandarin and orange) decreased by 11.12 percent in second quarter of 2017. On the other hand, other fruits show a better performance providing a double digit increase of 14.65 percent.

caraga today

20

Cont’d‌ Q2 2017 Regional Economic Situationer The growth in fruit production was prompted by the improved performance of banana with 2.39 percent growth contributing 89.12 percent of the total output; from 68,487.74 MT in the second quarter 2016 it grew to 70,124.03 MT in the second quarter 2017.

Pineapple also showed an improved performance with an increase in production by 13.84 percent or 181.82 metric tons.

In contrast, calamansi, and mango production declined by 38.79 and 4.18 percent, respectively. However, the decrease did not affect the overall performance due to their slight contribution to the total volume of production.

Vegetables Vegetable production regained its performance in the 2nd quarter of 2017. Total output in 2017 reached 25,573.57 MT from an output of 25,065.72 MT in 2016.

The uptick is attributed to the increase in production of priority vegetables and other types of vegetables.

Major vegetables still account for the biggest share with 59.78 percent contribution to the total output. Priority vegetables followed with 32.68 percent share; while other types of vegetables contributed 7.54 percent.

Camote and cassava which accounted for 25.95 and 25.19 percentage share of the total production, decreased by 8.65 percent and 12.05 percent,

respectively.

Non-Food and Industrial Crops Total output of Non-Food and Industrial Crops (NFIC) reached an aggregate of 232,068.12 MT in the second quarter of 2017. This represents a 4.91 percent increase from the 222,161.25 MT in the second quarter 2016. Major NFIC improved by 4.31 percent and priority NFIC by 8.43 percent; while other types of NFIC recuperate by 5.79 percent from its weakened performance of 4.16 percent in the first quarter.

The improved performance of the group is due to the rise in coconut production which accounted for 81.89 percent of the total NFIC output; from 183,031.14 MT in the second quarter 2016 it went up by 7,826.47 MT in the second quarter 2017.

Livestock and Poultry Both livestock and poultry recorded poor performance in the second quarter of 2017. Livestock production reached a total of 11,024 MT posting a decline of 8.04 percent as compared to its output in the second quarter 2016.

The drop is attributed to the declining production of hog which accounted for 89.97 percent of the total produce.

Total poultry production exhibited a 4.84 percent decrease.

The reduction is attributed to poor chicken meat production during the quarter, which diminished by 7.43 percent. Chicken meat

contributed 68.3 percent of the total output. Although duck meat accounted 0.50 percent of the total output, it also abetted the dropped by 34.29 percent. On the other hand, chicken and duck egg productions grew by 1.96 percent, and 6.57 percent respectively.

Fishery Total fishery production recovered in the second quarter as it displayed an upturn of 3.26 percent in the second quarter 2017. The subsector posted an aggregate output of 20,995.43 MT. Tilapia production went up in the second quarter of 2017 reaching a growth of 34.16 percent. More harvests on roundscad (11.82%), Skipjack (7.36%), Milkfish (8.98%), and Yellowfin Tuna (13.48%) were also noted during the period.

However, seaweed production continued to plunge resulting in a decrease of 9.76 percent. Tiger prawn production likewise dropped by 3.65 percent which demonstrated an inspiring growth in the 1st quarter of 2017.

Trade and Industry Trade The Department of Trade and Industry recorded a 73.43 percent decline in domestic sales of the region in the second quarter of 2017, accumulating a total sales of PhP66.15 Million compared to the 248.98 Million for the same period in 2016.

Vol. XX Issue 4

About 48 percent or PhP31.92 Million of the total domestic sales in the region came from Surigao del Norte. It was followed by Province of Dinagat Islands with 30.58 percentage share (PhP20.23 Million); and Surigao del Sur with 21.16 percentage share (PhP14.00 Million).

In terms of growth, only the Province of Dinagat Islands has improved by 7.21 percent. The total domestic sales of the rest of the provinces declined particularly Surigao del Sur which significantly dropped by 79.16 percent, followed by Surigao del Norte with 35.11 percent decline. On registration of new business names, DTI-Caraga recorded an aggregate of 2,340 in the second quarter 2017. This represents a 22.26 percent growth from the 1,914 recorded in 2016.

The increase of BN Registrants in first quarter 2017 was attributed by the intensified BN monitoring in the LGUs, Business-One-StopShop activities in LGUs and efforts in requiring business owners to register their respective business names and with access to BN registration through the establishment of Negosyo centers around the region.

Around 42 percent of the new business name registrants in the region came from Agusan del Norte which improved by 43.90 percent. Surigao del Sur followed with 18.68 percentage contribution as it increased by 27.41 percent. Agusan del Sur with 18.42 percent share contribution also increased by 9.67 percent. However, Surigao del Norte, which contributed 19.44 percent to total registrants

21

Agriculture Production Palay production improves Palay production improved by 10.42 % Agusan del Norte: 18.24 % Agusan del Sur: 17.46 % Dinagat Islands: 11.61 % Surigao del Norte: -3.17 % Surigao del Sur: -2.79 %

Corn production drops Corn production dropped by 87.11 %

Agusan del Norte: -73.20 % Agusan del Sur: -91.35 % Dinagat Islands: Surigao del Norte: Surigao del Sur: 69.57 %

Source: Philippine Statistics Authority-Caraga

caraga today

22

Agriculture Production Q2 2017 Q2 2016

Q2 2017 Q2 2016

Q2 2017 Q2 2016

Q2 2017 Q2 2016

1,958

277

6,637

▼

▼

▼

2,233

453

7,266

Eggplant

Calamansi

Camote

6,442

415

20,995

▼

▼

7,325

441

▲

20,333

Cassava

Cattle

Fish

3,116

9,918

499

▲

▲

▲

3,366

10,948

350

Chicken

Hog

Carabao

70,124

190,858

4,050

▲

▲

▲

68,488

183,031

4,227

Banana

Coconut

Mango Source: Philippine Statistics Authority-Caraga

Vol. XX Issue 4

decreased by 1.52 percent and Province of Dinagat Islands with 1.15 percentage share improved by 3.57 percent.

However, the total number of jobs generated by MSMEs declined by 50.13 percent reaching only 2,510 in the second quarter 2017 compared to the 5,033 generated in 2016.

Services Tourism Tourist arrivals expanded by 13.04 percent in second quarter 2017 reaching a total of 357,125.

Around 96 percent of the aggregate figure in 2017 is local tourists which reached 342,546.

This posted an increase of 15.99 percent from its total in 2016.

Foreign tourists contributed 3.99 percent, while the remaining 0.09 percent of the total tourists are OFWs or “balikbayan�, which decreased by 77.41 percent in the second quarter of 2017 with a total of 323 compared to the 1,430 in the same period last year.

The highest growth among the provinces was observed in the Province of Dinagat Islands, which registered 33,889 tourist arrivals in second quarter 2017 compared to 14,611 in 2016.

Agusan del Norte followed with a growth of 48.34 percent. Agusan del Sur contributed 12.34 percentage share of the total tourist arrivals. Surigao del Norte and Surigao del Sur however, decreased by 26.79 percent and 47.09 percent, respectively.

As to cities, Butuan City recorded the highest number of tourist arrivals in the second quarter of 2017. Tandag City,

23

Trade and Industry Domestic sales grows Domestic sales grew by 73.43 % Agusan del Norte: Agusan del Sur: Dinagat Islands: 7.21 % Surigao del Norte: -35.11 % Surigao del Sur: -79.16 %

Business name registration increases Business name registration increased by 22.26% Agusan del Norte: 43.90% Agusan del Sur: 9.67% Dinagat Islands: -3.57% Surigao del Norte: -1.52% Surigao del Sur: 27.41% Source: Department of Trade and Industry-Caraga

caraga today

24

grew by 12.58 percent. Surigao City declined by 5.81 percent.

The same is experienced by Bislig City which suffered a decline of 49.07 percent.

Air Transport Total incoming and outgoing flights in the region in the second quarter of 2017 reached 3,599 registering a 31.40 percent increase. Butuan City Airport which accounts for more than half or 53.90 percent of the total flights increased by 27.80 percent. Sayak Airport in Siargao Islands had a 36.45 percent share of the total flights, which posted an increase of 115.08 percent.

Surigao City and Tandag City Airports however recorded decreases in their flights in the second quarter of 2017 which contributed 6.14 percent and 3.50 percent share in total flights, respectively.

Subsequent to the increase in flights, total incoming and outgoing passengers improved by 5.23 percent; from an aggregate of 242,996 passengers in the second quarter 2016 it went up to 255,709 in the second quarter 2017. Incoming passengers increased from 119,492 to 125,978. The number of outgoing passengers likewise spiked to 129,731 from 123,504.

Total cargoes decreased by 3.43 percent in the second quarter 2017 with a total of 1,188 Million kilos compared to the recorded 1.782 Million kilos for the same period in 2016.

There is an increase of 4,424 in the total volume of cargoes in Tandag City. However, cargoes in Butuan City and Surigao City

Services Tourist arrivals increases

Source: Department of Tourism-Caraga

Tourist arrivals by type of tourists

Vol. XX Issue 4

25

Services Volume of air cargo increases

Number of flights increases Number of flights increases

Source: CAAP Butuan, Surigao, Siargao. Tandag

Motor vehicles registered increases

Source: DOTr-Caraga

caraga today

26

Cont’d… Q2 2017 Regional Economic Situationer

Airport dipped by 2.51 percent and 89.96 percent, respectively.

Land Transport Motor vehicle registration increased by 18.65 percent in the second quarter of 2017. From a total of 41,791 in 2016, motor vehicles registration went up to 49,585 for the same period in 2017. The growth is attributed to the increasing number of registration of vehicles for hire, private, and government vehicles.

Private vehicles, which comprised 90.37 percent of the total registered vehicles pick-up by 23.32 percent; from its previous total of 35,897 to 44,269 in the second quarter of 2017; while for hire and government-owned vehicles’ also increased by 24.10 percent and 19.32 percent, respectively.

Around 66 percent or 32,873 of the total motor vehicle registered are under renewal while 34 percent or 16,712 are newly-registered vehicles.

Peace and Security Total crime volume in Caraga Region declined by 18.17 percent.

From a total of 2,421 in the second quarter of 2016, crimes in the region decreased to 1,981 for the same period in 2017. All provinces reflected a drop.

Of the total volume for 2017, 23.37 percent are index crimes, while 76.63 percent are non-index crimes. This development was attributed to Police Regional

Office-Caraga’s implementation of innovative pro-active strategies like Managing Police Operation (Lambat-Sibat) and Patrol 101 sectoring the deployment of the PNP personnel on a 24-hour basis along major thoroughfares and crime prone areas.

Implementation of “Operation Tambuli” by placing patrol cars in National highways/major thoroughfares and conduct of strong checkpoints and visibility in order to prevent and control crimes also supported the declining trend.

As to the disaggregation by LGU, Butuan City topped the other places by accounting for 24.94 percent of the total crime incidence. Surigao del Sur followed with a 2.30 percent decrease, Surigao del Norte contributed 19.28 percent.

Agusan del Sur contributed 17.21 percent declined by 19.19 percent. Agusan del Norte and Dinagat Islands contributed 11.51 percent and 3.43 percent, respectively.

Both Crime Clearance Efficiency (CCE) and Crime Solution Efficiency (CSE) improved during the period. CCE improved by 3.13 percent. The increase is attributed to the increase in filed cases. CSE went up to 59 percent in the second quarter 2017. This due to the increase in solved cases in index crimes.

Vol. XX Issue 4

27

Peace and Security Index and non-index crime drops Crime volume drops by 18.17% Butuan City: -17.39% Agusan del Norte: -21.38% Agusan del Sur: -19.19% Dinagat Islands: -37.04% Surigao del Norte: -27.10% Surigao del Sur: -2.30%

Crime Clearance and Crime Solution Efficiency

Source: Philippine National Police-Caraga

28

caraga today

3rd Quarter 2017 Regional Project Monitoring Report Physical Status (%) Fund Name of Project & Components Utilization Remarks SlipPerforTarget Actual (%) page mance 1 Andanan RIS 69% 100.00 100.00 - 100% The project has been completed.

Package 1 The project includes rehabilitation of 2 dams (Wawa and Andanan dams), construction of concrete blocks for siphon, and protection/ construction of concreted flood plane. A portion between the concrete flood plane and the Wawa bridge is not part of the project.

2 Andanan RIS 0% 33.45 10.20 (23.25) 30% The project is ongoing. Its major Package 2 component is canalization of Wawa/ Andanan main canals from trapezoidal to rectangular.

Installation of slope protection and construction of combined closed conduit and siphon is being done.

3 Andanan RIS FAW 30.00 22.43 The project is still ongoing.

4 Rehabilitation of Crossing Luna 0% 66.99 80.40 13.41 120% The project is ongoing with positive Flood Control, (K0+000slippage.

K0+019.60), along BayuganEsperanza Road, Agusan del Sur 1st LD 17NB0074 5 Repair/Maintenance of Bank 100.00 100.00 - 100% The project has been completed on Protection of Anagasian Bridge April 12, 2017. along Daang Maharlika (AgusanDavao Road), K1317+671K1317+705.20 Lapinigan, San Francisco, Agusan del Sur 6 Widening of Anagasian Bridge 67.20 57.92 (9.28) 86% The project is on-going with negative (to more than 2 lanes) slippage.

(B00917MN) along Daang Maharlika (Agusan-Davao Sect), K1317+674-K1317+710, San Francisco, Agusan del Sur 7 Umayam River Irrigation Project 78.05 52.66 (25.39) 67% The project is still ongoing with negative slippage.

Completed portions of the main canal and laterals are in trapezoidal designs.

Lateral I has been reported as completed since laterals J and K have been deleted in the contract.

Portions of the canal were already used by the farmers as storage for water.

8 Repair/Maintenance of Road 100.00 100.00 - 100% The project has been completed on Slip along Butuan CityMay 16, 2017.

Talacogon-Loreto-Veruela-Sta. Josefa Road, K1355+560K1355+660, OsmeĂąa, La Paz, Agusan del Sur

Vol. XX Issue 4

29

Cont’d… 3rd Quarter 2017 Regional Project Monitoring Report Physical Status (%) Fund Name of Project & Components Utilization SlipPerforTarget Actual (%) page mance 9 Repair/Maintenance of Road Slip no data no data along Asuncion-San Isidro-LaakVeruela Road, K1532+315 K1532+380, Veruela, Agusan del Sur 10 Repair/Maintenance of Road Slip 100.00 100.00 - 100% along National Road Junction (NRJ) Cuevas-Bislig Road, K1388+820 K1388+870, Sta. Maria, Trento, Agusan del Sur 11 Construction/ Improvement of 16% 19.61 14.14 (5.47) 72% Access Roads leading to Declared Tourism Destinations NRJCumawas-Tinuy-an Falls Road (Mone Bridge), Borboanan, Bislig City, Surigao del Sur 12 Bislig IDP - Package 1, 2 ,3 13 Construction of Cabadbaran Puting Bato - Lanuza Road 14 Construction of Cabadbaran Puting Bato - Lanuza Road 15 Las Nieves RHU

59% 67%

90.00 99.80

82.00 100.00

13%

47.30

78.44

100.00

93.00

16 Construction of Sewage Treatment Plant (STP) at Las Nieves Municipal Hospital

99%

17 Construction of Hospital Phase III (Out-Patient Department) at Butuan Medical Center

65%

68.55

71.27

18 Construction/Upgrading/Rehab of Drainage along National Road, Butuan City – CDO City – Iligan City Road Junction Ochoa Ave to Butuan Doctors Hospital Section (Agusan-Mis Or.) 19 Construction/Upgrading/Rehab of Drainage along National Road, Butuan City-CDO City-Iligan City Road Butuan Doctors Hospital to GSIS Section (Agusan-Mis Or.)

13%

43.95

44.32

13%

28.91

30.15

- 100.00

Remarks The project is still ongoing under liquidated damages. Project expiry date was on May 12, 2017.

The project has been completed.

The project is still ongoing with negative slippage. The project was suspended on June 16, 2017 due to ROW issue between SURSECO electrical posts and NIA-Bislig IDP line canal. The construction has resumed on July 16, 2017 and a 30 CD time extension was approved.

(8.00) 91% The project is still ongoing.

0.20 100% The project has been completed.

31.14 166% The project is ongoing with positive slippage.

(7.00) 93% The project is on-going. The project is 92.87% accomplished but the target completion date was last March 21, 2017 incurring liquidated damages for 177 days.

100.00 The project has been completed but not yet turned over to the hospital.

The project has also been inspected by the DOH and COA. There are five (5) septic tanks connected to the STP. 2.72 104% The project is on-going. The project used a new technology in insulating the building using Styrofoam with glass fiber mesh. The project maintains good workmanship, housekeeping, and number of manpower.

0.37 101% The project is on-going.

There is a proposed variation order that the drainage system will connect in front of SM towards T. Calo instead of going to Gaisano Mall and Almont Hotel.

1.24 104% The project is on-going.

caraga today

30

Cont’d… 3rd Quarter 2017 Regional Project Monitoring Report Name of Project & Components

Physical Status (%) Fund Utilization Slip- PerforTarget Actual (%) page mance 19.27

Remarks

20 Construction/Upgrading/Rehab of Drainage along National Road, Butuan City-CDO City-Iligan City Road GSISLibertad-Bonbon Creek (Agusan-Mis Or.) 21 Construction/Maintenance of Bridges Along National Rds, Replacement of Permanent Weak Bridge, Minaano Bridge Along Daang Maharlika

13%

3.54

22.81

644% The project is on-going.

11%

25.00

10.10 (14.90)

22 Construction of Cabadbaran-Puting BatoLanuza Road (Phase 4) 23 Construction/Opening of Road, Cabadbaran-Puting Bato-Sitio Lusong-AND/SDS Boundary, Cabadbaran City 24 Construction of Missing Gaps Connecting National Roads including ROW, Cabadbaran Puting Bato Lanuza Road, Agusan del Norte 25 Construction of Flood Control Project in Karak-an River

59%

100.00 100.00

67%

100.00 100.00

29%

53.85

60.12

6.27

0%

16.34

10.18

(6.16)

62%

162% The project is on-going.

40%

The project is on-going with negative slippage. DPWH has coordinated with the contractor and has issued administrative action.

- 100% The project has been completed.

- 100% The project has been completed.

112% The project is on-going.

27 Construction/Maintenance of Flood Mitigation Structure and Drainage System, Improvement of Sta. Ana River

14%

28 Construction of 1-Unit 2 Storey 4 Classroom Building

15%

29 Construction/Maintenance of Bridges Along National Roads Replacement of Permanent Weak Bridge Secondary Completion of Daywan Bridge (B00987MN) w/ Detour Phase II 30 Upgrading of Surigao-Davao Coastal Rd – K1176+000-K1178+000 31 Construction/Maintenance of Flood Mitigation Structures and Drainage System of Mainit Lakewall

35%

Physical accomplishment is only 0.05% covering only mobilization activities. The project has been suspended.

100.00 86.02 (13.98) 86% The project is on-going with negative slippage.

55.43 57.78 2.35 104% The project is on-going.

Bamboos were used to add support and “plastic cellophane” to wrap the gabions.

89.75 75.45 (14.30) 84% The contractor used galvanized iron scaffolding.

The project is on-going with negative slippage.

31.43 42.16 10.73 134% The project is on-going.

32%

29.10

47.20

18.10

52.48

89.42

36.94

26 Tubay Rural Health Unit

32 Construction of 2 units 2-storey 8 classroom buildings, Surigao City Stand Alone 33 Agusan-Bukidnon Rd – K1261+500 – K1261+578.85, K1261+607.81 – K1261+740, K1261+920 – K1261+982.77, K1262+000 – K1262+040, K1262+080, K1261+140, K1262+190 – K1262+250 (S00395MN)

11%

50.05

170% The project is on-going with remaining works including embankment and laying of subbase item 200.

100.00 100.00 The project has been completed.

51.14 1.09 102% The project is on-going.

Vol. XX Issue 4

31

In Photos 3rd Quarter 2017 Regional Project Monitoring

Colophon Edition Caraga Today Volume XX Issue 4 October - December 2017 Publisher Caraga Regional Development Council Address NEDA-Caraga Building JA Rosales Avenue, Butuan City 8600

Construction of Cabadbaran Puting Bato - Lanuza Road, Lanuza, Surigao del Sur

Bislig Irrigation Development Project

Telephone 085 342-5774 085 815-0308 Email caraga.neda@gmail.com

Online Versions issuu.com/nedacaraga slideshare.net/NEDACaraga13

Repair/Maintenance of Road Slip along National Road Junction (NRJ) Cuevas-Bislig Road,K1388+820 K1388+870, Sta. Maria, Trento, Agusan del Sur

Construction/ Improvement of Access Roads leading to Declared Tourism Destinations NRJCumawas-Tinuy-an Falls Road (Mone Bridge), Borboanan, Bislig City, Surigao del Sur

Editor-in-Chief Melanie A. Maur

Managing & Lay-out Editor Rhea Mae C. Mendez Writers Melanie A. Maur Rhea Mae C. Mendez Sherwin E. Verdun Ian G. Miculob Marx Rev A. Buenavidez Shiela M. Bermoy Paul Edward B. Castillo Gladys C. Giberson Marisol P. Montenegro Shirley C. Torotoro Elsie O. Casurra

Repair/Maintenance of Road Slip along Asuncion-San Isidro-LaakVeruela Road, K1532+315 K1532+380, Veruela, Agusan del Sur

Umayam River Irrigation Project (dam)

Graphics designed by Freepik and distributed by Flaticon Advisers RD Mylah Faye Aurora B. CariĂąo ARD Roy B. Kantuna

caraga today

32

Cont’d… 3rd Quarter 2017 Regional Project Monitoring Report Name of Project & Components 34 Rehabilitation/Reconstruction of National Roads with Slips, Slope Collapse & Landslide, Construction of Road Slope Protection Structure Butuan City – Cagayan de Oro City Road (Agusan-Misamis Oriental Road) (S00391MN), K1265+652K1265+780

Physical Status (%) Fund Utilization Slip- PerforTarget Actual (%) page mance 11%

30.89

18.79 (12.10)

61%

Remarks The project is on-going with negative slippage.

Umayam River Irrigation Project (main canal)

Repair/Maintenance of Road Slip along Butuan CityTalacogon-Loreto-Veruela-Sta. Josefa Road, K1355+ 560-K1355+660, Osmeña, La Paz, Agusan del Sur

Rehabilitation of Crossing Luna Flood Control, (K0+000-K0+019.60), along Bayugan-Esperanza Road, Agusan del Sur 1st LD 17NB0074

Andanan River Irrigation System (RIS)