Northern Mindanao Magazine 20161116 R10

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The eMagazine of Philippine Information Agency 10 WEDNESDAY, NOVEMBER 16, 2016

MisOr govt unveils Christmas decors at De Lara Park

CAPITOL COMPOUND, Misamis Oriental – Christmas lighting ceremony comes early in Misamis Oriental as the provincial government spearheaded the ceremonial lighting of De Lara Park, which is near the Provincial Capitol, evening of November 15.


This event signals the start of the Christmas Season in the province. “The Christmas lights always remind us of the hope and beauty of the season of gift-giving and the sharing of the little things that we have for our loved ones and the less fortunate,” Governor Yevgeny Vincente Emano said. He said that the lighting of the De La Park here during the onset of the Christmas season has become the tradition of the provincial government

to remind everyone of the birth of Jesus. “As Christians, we were always happy to extend the good tidings of the Christmas spirit to all men of goodwill around the world,” the Misamis Oriental governor said. Emano has expressed optimism that the celebration of Christmas this year would provide an opportune time for the province and its people to enjoy peace and progress in the coming years. (PIO)

BSP holds inter-school video essay tilt CAGAYAN DE ORO CITY – In a bid to encourage the habit of saving among the youth, the Bangko Sentral ng Pilipinas (BSP) Cagayan de Oro Branch in partnership with the Orobankers Club, Inc. is holding an Inter-School Video Essay Contest. The contest is open to all amateur student filmmakers within Misamis Oriental. Entries must reflect the theme “Saving: Molding the Habit (A Student’s Perspective)” and must be original, unpublished online or offline, and has not been submitted in any other contest. The entries must be in English or Tagalog and may be presented in the form of dramatization, animation, coordinated stills, or documentary and must include the logo of the BSP and the Orobankers Club, Inc.

The file format of the entries must only be in MPEG, MP4 or AVI and must not exceed a running time of three minutes, including opening and closing credits. Participants must submit their entries, thru CD properly labeled with the participants’ name and contact details, at BSP Cagayan de Oro Branch together with a brief storyline. The deadline for the submission of entries is on December 6, 2016 at 3:00 p.m. The judging of entries will be done on December 7, 2016 based on


the following criteria: relevance to the theme (50%), creativity (30%), and video quality (20%). Interested students can download the registration form at www.facebook. com/bsporobankersvideoessay.

For more information, contact Dexter Erick Demafeliz or Zendy Pascual of BSP-Cagayan de Oro at (088) 857-4179 to 81, local 207 or email them at ddemafeliz@bsp.gov. ph. (APB/PIA-10)

DTI, REZA move to strengthen import-export Industry in ARMM MARAWI CITY, Lanao del Sur – Members of different government sectors and the Chamber of Commerce and Industries attended the Orientation-Briefing on Importation given by the Bureau of Customs today at the Bajau Hall, ORG Compound. The forum, organized by the ARMM Department of Trade and Industry (DTI) in partnership with the Regional Economic Zone Authority (REZA) and Polloc Free Port, was aimed at re-orienting ARMM trading clientele on the business of import and export. This was a step taken by DTI to encourage even small business traders to legalize all their importing transactions to eliminate the rampant misconceptions of illegal smuggling especially for products coming in from nearby Malaysia and Indonesia. According to Fernando de Dios, DTI senior trade and industry development specialist, barter trading

played a big part in the economic stimulus in the ARMM and this is why DTI is looking to revive the industry. He said that the agency is working on reviving the real barter trading as it is, and not just the one-way system that it is today. “The barter that we are talking about today is no longer the barter that we knew early on when Sulu was still the barter trading center,” he adds. According to him, the proper orientation on import and export guidelines for ARMM traders certainly paves the way for the revival of the industry. Eshan Karl Mabang, administrator


of the Polloc Free Port said that the port’s design meets international port standards and that it is ready for international importation and exportation anytime. Mabang supports the revival of the barter trading and the projected boost this will have in the export side of the industry. “We support this kind of economic activity dahil una, pag maging successful ito, we can provide employment, increase our revenue collection at malaki ang magiging remittance natin,� he said. To date, the Port is only mobilizing on its imports on cement, corn, and equipment for renewable energy, coming in from countries such as Vietnam, Singapore, South Korea, and India. REZA-ARMM also ensured that it is ready not only for importation, but also for exportation after it entered into a Joint Memorandum Order with the Bureau of Customs last October 2015, on the implementation of the mandatory Electronic Processing of Transshipments of REZA locators

to REZA Zones and other procedures through the E2M system. E2M (electronic-to-mobile) is an internet-based technology that allows Customs Officers and traders to handle most of their transactions online. It makes use of advanced technology including electronic signatures to provide government officials with new tools to enable them to make dramatic improvements in security, trade efficiency, and to fight against corruption. One of those who will benefit from the innovation is the Bangsamoro Oil and Fuels Corporation, which is waiting for its importation permit as it looks forward to building a four million peso oil depot in Polloc under a joint-venture agreement with a Malaysian company. Dr. Amor Pendaliday, President of the Corporation said the construction will take around three to five months and that the depot will have a petroleum capacity of about 14 million liters. According to him, petroleum prices, especially in the nearby areas of Maguindanao and Lanao, will definitely go on a major roll back once the depot starts operating. Dr. Pendaliday is certain that once the Liguasan Marsh is explored and developed, exportation of crude oil is also very possible in the near future. (BPI/PIA-10)


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