BusinessDaily (June 13, 2013)

INSIDE LOOK

Infrastructure should come with quality service; PNoy

Mutiny at Calaganan

San Miguel power firm aims for $150M from planned IPO DepEd allots P100 million for indigenous peoples’ education

Pioneering SoCot farmer honoured

BusinessDaily Economy

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As of 5:57 pm june 11, 2013 (Tuesday)

FOREX

PHISIX

US$1 = P43.20

6,656.52 points

X

40 UNCHANGED 219.08 cents points

X

Briefly Lean months DAVAO City -- The National Food Authority (NFA) assures the public that rice stocks are in place for the lean months this year, beginning June to August, which covers the planting season.

In a press statement, NFA Davao provincial manager Engr.

Felimon Cangrejo said the agency is “ready to respond to rice-related needs during unprecedented events such as man-made or natural calamities all-day, every day.”

N FA h a s b e e n w e l l equipped in terms of stock position, its accessibility and availability as a result of its massive palay procurement program undertaken since July 2012, Cangrejo stated.

H e s a i d N FA h a s rationalized its operations through “managing its rice stock inventory following its marketing plan wherein it considers the quantity requirement needed for every month of the year, given that there’s seasonality period.”

Anti-smoking drive BUTUAN City– The Department of Health – Center for Health Development (DOH - CHD) Caraga has intensified its campaign against tobacco use, especially in public places and public vehicles.

Ten Filipinos die every hour, according to Delma Legaspi, non-communicable disease coordinator of DOHCHD Caraga. “Tobacco can make you impotent, can cause depression and affect your hormones, among others.”

Legaspi also said that smoking during pregnancy leads to: 1) Spontaneous Abortion; 2) Ectopic pregnancy; 3) Lowbirth weight babies; and 4) Long-term effects on growth and development of the child.

“Father’s and other people smoking can affect the fetus.

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June 13, 2013

Only 2 of 70 hotels, inns and resorts in B’non are DOT-accredited

By WALTER I. BALANE, MindaNews

MALAYBALAY City – Only two of the 70 hotels, inns and resorts in Bukidnon province have been accredited by the Department of Tourism (DOT), Catalino Chan III, tourism regional director, said.

O n We d n e s d a y ’s Sangguniang Panlalawigan session, Chan noted that the majority did not pass the accreditation standards set by the DOT such as the necessary fire exits, lack of accessibility for persons with

disabilities and standard room f loor area, among others.

The two that passed the DOT accreditation are a hotel in this city and a resort in Maramag town, he said.

He cited the “substandard”

accommodation facilities as among the reasons why du r i ng t he K a a mu l a n, Bukidnon’s annual cultural festival usually attended by thousands of tourists from outside the province, only a few were staying for the night

Mindanao grid now has power surplus

By CARMELITO Q. FRANCISCO Correspondent

D

AVAO City -- The power situation in Mindanao has improved significantly from power deficiency figures posted daily since the start of the year, according to figures from the National Grid Corp. of the Philippines.

Figures on the NGCP Web site on Tuesday showed that Mindanao had 68-megawatt (MW) excess power at 1,375 MW system capacity against peak demand of 1,307 MW. While NGCP officials here could not immediately provide details on the current power status, the Mindanao Development Aut horit y (MinDA), which has been surplus/PAGE 11

POWER SURPLUS. With the rehabilitated power plants now back in operation, the energy-stricken Mindanao grid now enjoys a power surplus, which means enough supply and less brownouts.

NGCP distributes school supplies to schoolchildren

By BUTCH D. ENERIO, Correspondent

Pupils of Kirahon Elementary School in San Martin, Villanueva, Misamis Oriental, show off their school supplies given to them by the National Grid Corp. of the Philippines’ corporate social responsibility program, the Balik Eskwela project. photo by butch enerio

MORE than 40,200 pupils in selected areas, especially in far f lung barangays in t he c ou nt r y, w i l l h ave t hei r school mater ia ls-big enough to help for t he m to b e i n s c ho ol .

Thanks to the corporate social responsibility (CSR) projec t of t he Nat iona l Grid Corporation of the P h i l i p p i n e s ’s ( N G C P) timely distribution of bags,

notebook s, penci ls a nd reading materials.

One of the 145 school beneficiaries of the Balik E s k we l a proje c t w here NGCP distributed the school supplies on Tuesday, was in Kirahon Elementary School in San Martin, Villanueva in Misamis Oriental, host to NGCP’s 230 kilovolt line station. ngcp/PAGE 11

and many just go home.

During the session, Chan stressed the value of tourism and the need to ensure social and political support to the various tourist destinations in the area.

DOT/PAGE 11

TSI, Davao coop seek ERC’s nod on power deal

By IRENE DOMINGO Reporter

ABOITIZPOWER Cor p. subsidiary Therma South, Inc. (TSI) and Davao del Sur Electric Cooperative, Inc. (DASURECO) have sought the approval of the Energy Regulator y Commission (ERC) of their power supply agreement.

In a joint petition dated May 30, TSI and DASURECO asked the ERC to approve the electricity supply agreement that the two parties signed on May 15. Under the agreement, TSI will supply 5 megawatts (M W) of elec t r icit y to DASURECO for 25 years upon start of commercial operation of TSI’s new plant.

TSI is building a 300-MW coal-fired power plant on a site which straddles Davao City and municipality of Sta. Cruz in Davao del Sur. The facility is scheduled to be operational by 2015.

T he p e t it ion d id n’t cite DASUR ECO’s tota l electricit y requirement, but noted that the power distributor currently sources bulk of its needs from the Power Sector Assets and Liabilities Management Corp.

(PSALM) and the remaining from Therma Marine, Inc. (TMI), a not her u nit of AboitizPower. TMI owns and operates two power barges, with combined capacity of 200 MW, moored in Nasipit, tsi/PAGE 11

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Infrastructure should come with quality service, PNoy says during Laguindingan airport inspection

By JASPER MARIE OBLINA-RUCAT, Contributor

The country’s successes in building infrastructure should come with high quality service to tourists, President Benigno S. Aquino III said yesterday during his final inspection of the Laguindingan Aiport facilities.

CONFIDENCE. President Benigno Simeon C. Aquino III expresses confidence at the new Laguindingan airport to boost the region’s economy during his final inspection on June 11. photo by shaun alejandrae yap uy

Del Monte Pacific to expand fresh pineapple exports FRUIT grower and canner Del Monte Pacific Limited is going full blast into fresh pineapple exports, expanding its core business of selling processed products under the Del Monte brand, company officials said Monday.

“What we are promoting is fresh pineapple... It’s better than the processed pineapple,” Ignacio C.O. Sison, chief financial officer, told reporters in briefing in Makati City marking the company’s listing on the Philippine Stock Exchange.

“The variety is superior, it’s a premium grade of pineapple.

This is different from canned pineapple,” Sison added.

For processed products alone, the company harvests more than 1.5 million pineapples a day from its farm in Bukidnon, he noted. exports/PAGE 10

“Whether you are an employee interacting with passengers, or a pilot running the airplane; whether you are a security guard making sure that the airport is safe, or a f light attendant that takes care of the passengers, we should let them know the true Filipino service: trustworthy, safe and top

quality,” the President said.

The P7.85-billion airport provides safer facilities to bigger airplanes compared to Lumbia Airport here, and the Balo-i airport in Lanao del Norte.

The Passenger Terminal can accommodate up to 1.6 million passengers every year.

T h e P r e s i d e nt s a i d that because of these local aviation industry reforms, t he I nter nat iona l Civ i l Av i at ion O r ga n i z at ion has lifted the Significant Safety Concerns issued to the country. He added that this is indeed one step for the country to be out of the watchlist in the European Union and United States.

This w i l l resu lt in more t ou r i s t s a r r i v a l s a nd t r a n s l at e to more employment for Filipinos, the President said.

The President thanked the government of South Korea for t he f ina ncia l assistance to the project. He also thanked the Department of Tr a n s p or t at ion a nd Communication (DOTC) in its v igor to complete the project which will pave way to the development of Misamis Oriental, Cagayan de Oro and Iligan and to the entire country and also the Civil Aviation Authority of the Philippines (CAAP) for the successful projects of the sector.

Agriculture, education sectors key to employment, says NEDA Greater diversification of production and processing of by-products in agriculture, and closer coordination bet ween academe a nd industry should be pursued to generate more decent, productive, and sustainable jobs for Filipinos, according to the National Economic and Development Authority (NEDA).

This following the report of the National Statistics Office that total Philippine employment declined to 37.82 million in April 2013 from 37.84 million employed in April 2012.

The industry and services

sectors generated 224,000 a nd 380,0 0 0 add it iona l jobs, respectively, in April 2013. But employment in agriculture and agriculturerelated activities registered a loss of 624,000 workers in the same period.

“One of t he ma in challenges of the country is t he seasona lit y of agricultural employment.

Therefore, greater diversification of agricu ltura l production a nd f u r t her processi ng of by-products should be encouraged,” said NEDA Officer-in-Charge (OIC) and Deputy Director-General

Emmanuel F. Esguerra.

The Bureau of Agriculture Statistics (BAS) reported that farmers were hesitant to plant amid the impending El Nino phenomenon, while others were still recovering from the losses incurred from typhoons Pablo and Quinta during the fourth quarter of 2012.

“Employment is bound to be adversely affected in times of natural disaster.

Thus, it is also imperative for government to design a more effective disaster response system,” the NEDA official said.

T he BAS sa id t hat

inadequate water supply a nd i ntense heat, aside from changes in cropping patterns, are expected to result in lower agriculture output for April to June 2 0 1 3 . T h e c o u n t r y ’s unemployment rate went up by 0.6 percentage points to 7.5 percent in April 2013 due to a lower level of employment amid a slightly higher labor force level. But the underemployment rate slightly improved in April 2013 to 19.2 percent, lower by 0.1 ppt compared to 19.3 percent in the same period last year. neda/PAGE 10

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SSS contributions from Visayas, Mindanao up 9% to P4.76-B in Q1

As an independent power producer administrator, SMC Global Power controls the output of the Sual plant.

San Miguel power firm aims for $150M from planned IPO SAN Miguel Corp (SMC) plans to sell at least a tenth of its power sector arm when it undertakes its maiden sale share this year.

SMC president Ramon S. Ang told reporters that SMC Global Power Holdings Corp may raise $150 million through an initial public offering (IPO).

“Initially, we can sell 10-15 percent which should never be a problem in any market condition,” Ang said during the conglomerate’s

stockholders meeting. The firm is valued at least $1.5 billion.

Ang earlier said it may sell up to 49 percent of the power generation company if there is a “good opportunity.” The diversified conglomerate is in talks with banks for SMC Global Power’s maiden share sale.

Adverse market conditions in 2011 prompted SMC Global Power to defer its maiden share sale. It was supposed to raise up to P36.90

billion from an offering of 348 million to 519.75 million shares, provided these could be sold for P71 apiece.

So far, the Philippine Stock Exchange index has broken record levels 31 times this year.

Revenues of SMC Global Power inched up four percent to P74.66 billion last year from P71.45 billion in 2011.

Its Sual, Ilijan, and San Roque plants generated a combined 15,250 gigawattaims/PAGE 10

CONTRIBUTIONS from Social Security System (SSS) members in Visayas and Mindanao went up 9 percent year-on-year to P4.76 billion in the first quarter of 2013 from P4.35 billion.

Benefit payments in the first quarter amounted to P5.4 billion, comprised of P4.83 billion in retirement, death and disability benefits; P205.11 million in maternity benefits; P258.83 million in funeral grants; and P101.87 million for sickness, medical services and rehabilitation.

The total is 4 percent down from the P5.6 billion in the first quarter of 2012.

During the quarter, the SSS enhanced its Annual Confirmation of Pensioners

(ACOP) program by basing the compliance date on the SSS/PAGE 10

2GO parent firm targets for five-fold profit growth in 2013 T H E cou nt r y ’s big ge st domestic shipping company said it aims to earn almost five times more this year than in 2012 with help from cost savings, brisker trade and booming tourism.

During the company’s

annual stockholders meeting Monday afternoon, 2GO Group Inc president Sulficio Tagud said its parent, Negros Navigation Co (Nenaco), has set its sights on growing net profit to P858 million this year from P181 million a

year ago.

“It’s a confluence of two factors: improvement in the topline and cost savings also [that is], increase in revenue and reduced costs,” he said.

Tag ud sa id it wou ld 2go/PAGE 10

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NRM techs yield sixfold return in 4 Asian countries

By BONG D. FABE

THE Swiss Agency for Development and Cooperation (SDC) has proven that using various natural resource management (NRM) technologies in growing rice will increase production, improve livelihoods and food security of farmers and bolster social cohesion.

I n it s re p or t “Me t a-I mp a c t Assessment of the Irrigated Rice Research Consortium (IRRC),” the SDC said that there was a very noticeable sixfold return on investment over 16 years of studying a selection of natural resource management technologies rolled out by the International Rice Research Institute (IRRI) as part of the Irrigated Rice Research Consortium (IR RC) mandate in Ba ngladesh, Indonesia, Vietnam and the Philippines.

“This is likely a conservative return estimate since only a subset of the farming technologies funded was assessed,” it said, adding that this means an additional US$70 million in benefits to rice farmers and national economies in these four countries.

And this return on investment

(ROI)/benefit “could skyrocket to 25 times the original investment” by 2016, said Carmen Thoennissen, SDC senior advisor for Global Program Food Security.

“It substantiates the effectiveness of SDC’s focus and IRRI’s work on natural resource and crop management research, its ‘global public good nature,’ and will definitely guide SDC’s future investment on system productivity enhancement to sustainably close yield gaps,” added Thoennissen in an emailed statement.

The report’s lead author, Dr. Rod Rejesus of the North Carolina State University said that rice farmers in Tarlac, Philippines were able to reduced their irrigation water use by up to 30% without compromising yield after

using the system of alternate wetting and drying recommended by IRRC. “This was because they didn’t need to keep their fields continuously flooded anymore,” he said. “They could just check when their fields needed irrigating through a field water tube and so it also saves them irrigation costs.”

Lack of water to irrigate rice crops was a common issue for downstream farmers in Tarlac, Rejesus noted.

In Bangladesh, farmers, which practice direct seeding, “were able to avoid the monga months or hunger months because the IRRC introduced a shorter rice production cycle so they could harvest earlier.”

“We greatly appreciate the evidence of impact provided in this report,” she added.

Led by IRRI, the IRRC provides a framework for partnership between national agricultural research and extension systems and the private nrm/PAGE 10

Group seeks free distribution of CARP-exempted ‘fishponds’

By Jonathan L. Mayuga

THE Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) has called for the immediate, free distribution of vast tracts of lands used for fishpond operation to small fishermen that were exempted from the Comprehensive Agrarian Reform Program (CARP).

Pamalakaya Vice Chairman Salvador France said there are over 800,000 hectares of lands f it for f ishpond operation that are under the control of multinational corporations and big landlords which the government can place under a genuine agrarian-reform program for free distribution to landless fishermen.

According to France, CARP paved the way for the exemption of vast tracts of lands used for fishpond operation from distribution to f ishermen t hroug h fishermen’s organizations or their cooperatives.

France said that due to “fatal loopholes” of CARP, law ma kers wa s able to pass a law that amended Republic Act 6657, or the

comprehensive agrarianrefrom law, known as RA 7881, or “An Act Amending Certain Provisions of RA 6657” in February 1995.

Under RA 7881, fishponds a nd pr aw n f a r m s a nd other aquafarms used for production of fishery products for export are exempted from the implementation of CARP. France said the amendment to CARP denied some 250,000 fishermen and workers in fishing companies to become beneficiaries of the program.

Quoting a study made by several non-government groups in local fisheries

in 1995, France said some 50,305 hectares of fishponds in Central Luzon, Western V i s a y a s a n d We s t e r n Mindanao were exempted from distribution due to CARP and RA 7881.

The group said, for those who are leasing the lands like foreign corporations, the government allowed them to conduct aquafarming for 25 years renewable for another 10 to 25 years under the Fishpond Lease Agreement (FLA), which is provided under the Philippine Fisheries Code of 1998.

A side f rom deny i ng free/PAGE 10

BAS: Philippine rice stocks good for 77 days

THE country’s total rice stock inventory as of May 1 is enough to cover 77 days of Filipino consumers’ rice requirements, the Bureau of Agricultural Statistics (Bas) said in its latest report.

Filipinos consume an average of 31,000 metric tons (MT) of the staple daily.

Based on its monthly report, Bas said total rice stock inventory reached 2.61 MMT or 2.2 percent higher compared to the inventory a year ago.

Stocks held by state-run National Food Authority (NFA) reached 610,000 MT. On an annual basis, the NFA’s inventory was lower by 11.4 percent.

The NFA imports rice to beef up its buffer stock for the lean months of July to September­—a period when the Philippines is usually hit by typhoons and farmers do not harvest unmilled rice.

This year the government bought 187,000 MT of rice from Vietnam, which will arrive before the start of the lean months.

Rice held by households totaled 1.2 MMT as of May 1.

BAS/PAGE 10

Pioneering SoCot farmer honoured for contributions to rice industry

By Allen V. Estabillo, MindaNews

GENERAL SANTOS CITY—The Department of Agriculture (DA) posthumously honored a pioneering farmer-rice scientist based in nearby South Cotabato province for his contribution to the development of the country’s rice industry and the organic farming sector.

Agriculture Secretary Proceso Alcala personally bestowed a special citation recently to the late Perfecto “Ka Pecs” Ruiz Vicente, who succumbed on May 27 to a lingering illnesses at the age of 80 at his home in Barangay San Vicente in Sto. Niño town in South Cotabato.

“His commitment and dedication to his work has been an inspiration to all of us. We lost a great man, a friend, a dedicated farmer and scientist. For me, this is the second time that I lost a father,” an emotional Alcala said at Vicente’s wake.

The official credited Vicente, who will be laid to rest on Friday, for his long years of work in promoting sustainable agriculture and organic farming as well as in assisting small rice farmers in the countryside.

He said the late scientist is considered as among the pillars of the country’s rice industry and was among the brains behind the crafting of Republic Act 10068 or the Organic Agriculture Act of 2010, which Alcala authored while representing the 2nd District of Quezon province in the 14th Congress.

Alcala said Vicente was among those who inspired him and other DA officials in pursuing its flagship initiative Food Staples Sufficiency Program, which mainly aims to provide sufficient, safe and nutritious food for every family and eventually end the country’s dependency to rice importation.

Peasant parents: Vicente was born in Manila on May 5, 1933 to peasant parents from Pangasinan province.

A consistent scholar, he eventually graduated with a degree in agriculture at the University of the Philippines (UP) in Los Banos.

Vicente took a job for several years as a researcher and faculty member at then UP College of Agriculture and later joined farmer-scientist network and think tank Magsasaka at Siyentipiko Para sa Pag-Unlad ng Agrikultura Inc. (MASIPAG).

His work with MASIPAG brought him to Quezon province, Bicol and Davao regions and eventually in South Cotabato to conduct extensive research focusing on the preservation, propagation and breeding of indigenous rice varieties.

For his works, Vicente was awarded by DA with a special citation as outstanding farmer-scientist during the 7th National Organic Agriculture Conference held in Lucena City in Quezon province on November 16, 2010.

He was also a recipient of MASIPAG’s Lifetime Service Award and several other national and local awards and citations.

Alcala said he first met Vicente several years ago when he was pursuing the passage of the Organic Agriculture Act at the House of Representatives.

During his visits to the scientist’s home cum rice laboratory in Barangay San Vicente in Sto. Niño town, where the latter had settled for the last eight years, Alcala farmer/PAGE 10

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NFA ready for lean months

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By CARINA L. CAYON, Contributor

DAVAO CITY- The National Fo od Aut hor it y (N FA) assures the public that rice stocks are in place for the lean months this year, beginning June to August, which covers the planting season.

In a press statement, NFA Davao provincial manager Engr. Felimon Cangrejo said the agency is “ready to respond to rice-related needs during unprecedented events such as man-made or

natural calamities all-day, every day.”

N FA ha s been wel lequipped in terms of stock position, its accessibility and availability as a result of its massive palay procurement program undertaken since July 2012, Cangrejo stated.

H e s a i d N FA h a s rationalized its operations through “managing its rice stock inventory following its marketing plan wherein

it considers the quantity requirement needed for every month of the year, given that there’s seasonality period.”

With the coordination e f for t s w it h t he lo c a l gove r n me nt u n it s a nd other national agencies, Cangrejo said t hat “t he guaranteed presence of rice in possible affected areas ensures a continued supply of the primary food in any nfa/PAGE 7

DOLE 12 to gather stakeholders to address job mismatch DepEd allots P100 million for indigenous peoples’ education Members of Higaonon tribe in Kalabugao, Bukidnon. Their grandchildren will benefit from DepEd’s education assistance program. photo by christine h . cabiasa

By DANILO E. DOGUILES, Contributor

K O R O N A DA L C I T Y, Sout h Cotabato- The Department of Labor and Employ ment (DOLE) in Soccsksargen Region will gather stakeholders here Wednesday, June 12, for a forum intended to address the perennial labor problem of mismatch bet ween available jobs and skills of job seekers.

DOLE 12 Regional Director Ofelia Domingo said, the event – the 1st Regional Career Advocacy Congress -- would involve guidance

counselors, students and industry players who will discuss measures that would prov ide t he yout h w it h direction toward career paths that could result in better chances of employment.

The congress, which carries the theme, “Follow the Guide. Tag a Career. Like the Future” will be held at Cinco Niñas, in Barangay Morales, this city.

“It aims to provide a venue for the members of the Network of Guidance C ou nselors (NG C) a nd

various stakeholders to be involved in forming the minds of the youth and give them the needed support that will enable them to prepare for t he world of work,” Director Domingo said in a letter to the Philippine Information Agency 12.

Del iber at ions wou ld take off with an appraisal of specif ic and concrete data on the “in-demand and hard-to-fill occupations in different industries” as well as the interventions dole/PAGE 7

The Department of Education (DepEd) has allotted P100 million to finance education capacity-building initiatives for Indigenous Peoples (IPS), part of the department’s continuing thrust to make education universal and inclusive of all learners.

E duc at ion S ecret a r y A r m i n A . Lu ist ro i n a statement said the fund allotted by DepEd comes with implementing guidelines on its allocation and utilization for IPs education (IPEd) program.

“ This is pa r t of our commitment to achieve the Education for All (EFA) 2015 targets and the Millennium Development Goals set by the United Nations which we are duty bound to fulfill,” Luistro added.

The IPEd program is DepEd ’s response to the right of IPs to education that is responsive to their context, respectful of their identity and supportive of the value of the value of their indigenous knowledge, skills and other aspects of their cultural heritage.

Luistro explained that to strengthen the capacity of DepEd to respond to the IPs learning needs in manner deped/PAGE 7

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The good-for-nothing THINK

hink a minute…Guiseppe’s Papa came from a family A Minute of fishermen.

By Jhan Tiafau Hurst In fact, for 300 years the men in his family had been fishermen in the country of Sicily.

His Papa eventually moved to San Francisco where he c ont i nue d t hei r f i s h i ng business.

Eventua lly t hey had 9 children.

All the boys from the time they could walk helped Papa on his fishing boat.

All the sons, except Guiseppe!

Guiseppe simply could not go because he got so terribly seasick.

His stomach just could not take the motion of the boat, or the strong smell of fish.

But even when his dad saw how sick Guiseppe got on the boat, he did not accept it.

He always told his son Guiseppe that he was good-fornothing.

Guiseppe was very hurt by his father always criticizing and putting him down.

But he still tried his best to help his family in some way.

So as a young boy he went out on the streets and worked every job he could find to bring money back to his father.

But instead of his Papa being proud of his hard-working son, he kept telling Guiseppe he was lazy and good-fornothing.

Finally, Guiseppe just gave up on ever pleasing his dad.

He got involved in sports and discovered that he was a very talented, natural athlete, especially in baseball.

In fact, he became the most successful son in his whole hurst/PAGE 7

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Collateral damage

e hear PNoy is visiting Cagayan de Oro this Tuesday, June 11th as part of the “soft opening” for the Laguindingan Airport scheduled to start operations on Saturday, June 15.

We hope the President has time and the inclination to lend an ear to his “bosses”, since his underlings at the Department of Transportation and Communications (DOTC) and the Civil Aviation Authority of the Philippines (CAAP) seem hell-bent in opening the new facility at any cost, including the lives and livelihood of people from Northern Mindanao, and never mind the recent mishap of Cebu Pacific at Davao airport which was lucky to escape with no fatalities to crew and passengers, but nevertheless cost the Davao economy an estimated P250-million in foregone revenues.

The “conservative estimate” of the Davao City Investment Promotion Office and the Davao City Chamber of Commerce of the losses caused by the Cebu Pacific crash covering the night of the crash, June 2 to June 4 when flights resumed, includes P3 million for cancelled hotel bookings, P500,000 for airport concessionaires, P1.5 million for transport service providers (vans, cabs, tourist buses, and car rentals), P50 million for other allied industries, P2 million for Airport terminal revenues and P190 million for Cargo.

If Davao’s economy could lose that much in the span of two and a half days, imagine the damage to the Northern Mindanao economy with the loss of at least 15 daily flights from July 1st, 2013 up to March 2014 as confirmed by no less than the CAAP Area IX Director in an article in another local daily under Laguindingan airport’s Visual Flight Rules (VFR) regime.

L

I

H

That’s nine months of lost ammer flights compared to the day and and A nvil half losses of Davao following

By Mike Baños the recent crash. Not panicking yet?

In a letter to PNoy dated June 3, 2013, Oro Chamber President Efren T. Uy again reiterated the business sector’s fears about the impact to the region’s economy posed by the cancelled flights and risk to passenger safety posed by the new facility’s VFR protocol, suggesting instead the Philippine Air Force’s 15th Strike Wing now based in Sangley Point, Cavite instead use Laguindingan in the meantime.

Apparently, even domestic air carriers now operating in Lumbia airport don’t’ share DOTC and CAAP’s confidence in operating out of the new and “safer” facility.

According to a post in the PhilippineFlightNetwork. blog (URL: http://www.ch-aviation.ch/portal/news/19076filipino-airlines-hesitant-about-laguindingans-plannedjune-opening) dated 21 May 2013, Philippine Airlines, Cebu Pacific Air, Zest Air and PAL Express have all “expressed their displeasure at the Philippine Department of Transportation and Communications’ decision to forge ahead with the June 15 opening of the new USD190million Laguindingan International Airport, set to replace the baños/PAGE 7

Money and the law of cause and effect

ife is the sum total of all the decisions we’ve made in our lifetimes. Whatever we are now is the effect of all the things we’ve been doing since our birth into this earthly sojourn. So goes the law of cause and effect in a nutshell.

There’s a logical and empowering corollary to this – the exact things that we are doing in our lives today can simultaneously be the reasons (or the causes) of what we can expect to happen in our lives tomorrow (the effects)!

Each day is simply the sum total of all the finite 24 hours we have at our disposal. Seven days become one week, four weeks become one month, and a dozen months become an entire year. And for all we know, years have piled up and our lifetimes have gone by.

We are finite beings and our time is limited. Being the most limited resource we have makes time no less than our most precious.

In life, being rich or poor is just relative. Comparing two different individuals will always make one richer than the other, for no two people are alike in everything. Describing someone as rich or poor is simply politics. Everyone is rich in his own right. It all depends on your basis of comparison – friends, love, happiness, family ties, and a lot of others – not just money.

A financially rich person has more accumulated assets of monetary value than others. A religious associate of mine once said, being materially “rich” is neither good nor bad. The morality lies in how your God-given assets are earned and used. Money indeed dictates power and control. But as the cliché goes, “With great power comes great responsibility.”

Some people are a lot more materially blessed than others.

Juni Law Office Cruz Taal St.,CDO Legal Counsel

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We might ask ourselves what could be the reasons of them Financial D octor being so? How did they do it?

By Adonis Agcopra By the law of cause and effect, everything has an exact cause and having a good grasp of these causes will lead us to their exact effects!

If your means of earning now or the way you think about money seems to be leading you nowhere near having great financial wellbeing in the future, then it just might be time to reconsider your current game plan. Should you change tactics? Should you upgrade your skills to earn more?

Should you seek to understand more investing strategies to help make your money work for you? Should you practice more discipline with handling money?

More importantly, you might further ask: “Do I have to do it? Shall I do it? Should I do it? What reasons do I have for doing it?” You alone will decide, nobody else! For you become what you think about most of the time. Choose to have a great financial destiny now!

---- (Dr. Adonis Agcopra, MBA, CIS, RFC® is with the IARFC and is portfolio director of AFIC Meridian Consultants. URL: www. aficfinancialconsultants.com. Email: aficfinancialconsultants@ outlook.com.)

THE

Misplaced priorities deny the citizenry of basic services

N spite of the much-ballyhooed 7.8 percent growth in the country’s Gross Domestic Production, the country is still reeling in abject poverty.

The truth is that the people did not, or will never; notice any economic development in this country in the next 10 years.

Well, that is a conservative albeit an ambiguous statement.

What might be obvious is the fact that this country could never bail out of the quagmire of poverty in the future.

How could this country move forward as everybody wishes?

One could not even understand how the economic managers were able to justify the approved budget for the fiscal year 2013.

Perchance, we are ordinary mortals who do not understand the nitty-gritty of budgetary priorities.

This simply leads us to an unstructured understanding of state sponsored budget spending.

Nevertheless, we are looking at the budgetary priorities of the government in its simplest and concrete forms.

For instance, the government allocated a P 238 billion for the Department of Education this year. Despite the

huge amount, DepEd still ris iaz suffers shortage of teachers, lack of classrooms, books, and amenities in public schools.

This problem leaves our jaws stuck in wonder on how DepEd is spending the taxpayers’ hard-earned money.

Why do public schools compla i n of t he lack of every thing when in truth the education department is financially stable?

There must be problems somewhere else.

Or, is this because that corruption still abounds in public schools and universities in the country?

We are not accusing the education department of its incompetence in handling public funds. Notwithstanding, we are wondering how the education department is spending P 238 billion budget.

We also heard of public school teachers asking local diaz/PAGE 7

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DOLE... from page 5

being implemented by the government relative to career guidance.

“Job mismatch is one of t he preva lent issues which contribute results t o u ne mploy m e nt a nd underemployment,” she said.

“It is continually being add ressed by enjoi ni ng government and private ent it ies to prov ide t he youth with career guidance activities to bridge the gap between job vacancies and skills suitability.”

Meanwhile, Charmaine D a w n L a d o t- S o n s o n a , t h e a g e n c y ’s l a b o r communications officer, said they are expecting over 200 participants to the congress.

Resource persons would come from key industries in the region involved in agribusiness, construction, health and wellness, and fishing and canning. The academic sector will also be represented among the speakers.

Besides presentations on the labor situations and i ndu st r y need s , L adotSonsona added, discussions wou ld a lso hig h l ig ht employment trends in the key industries and how the academe could respond to the industry requirements.

Tomorrow, DOLE 12 will also conduct a jobs fair in time with the celebration of the 115th Independence Day.

The Kalayaan Jobs Fair, where at least 5,196 overseas and local jobs will be opened to applicants, will be held at the activity center of Gaisano Grand Mall of Koronadal.

DepEd... from page 5

that is f lexible, demanddriven and evidence-based, the program support fund amounting to P100 million shall be provided to 100 divisions in 15 regions for school year 2013.

The recipient regions a re I lo c os , C ord i l ler a , Cagayan Valley, Central Luzon, CALABAR ZON. M I M A R O PA , B i c o l , Western Visayas, Central Visayas, Eastern Visayas, We s t e r n M i n d a n a o , Nor t hern Mindanao, Southern Mindanao, Central Mindanao, CARAGA and Central Office (NCR).

The fund shall be used for capacity building to develop the knowledge, skills and attitudes needed by teachers and personnel across DepEd offices and units in order for them to be effective IPEd implementers.

It i s a l s o i nt e n d e d for advocacy and par tnership building within DepEd, with nongovernment organizations, IP orga nizations a nd communities and other IP advocates. The fund can also be utilized in establishing baseline and situational analysis on IPEd specifically in creating a data base on IPs.

NFA... from page 5

eventuality.”

He said NFA administrator Orlan A. Calayag has been assuring the public that the 13,580 active market outlets of NFA rice nationwide “will always be ready to assist and support consumer demand for the Filipino staple.”

Ca layag has t hanked all stakeholders, citing the farmers and the media, for their continued support to NFA’s advocacy and palay procurement programs.

Hurst... from page 6

family.

That young boy whom his Papa had always called goodfor-nothing, became one of the greatest professional baseball players in history.

You may have even heard of Guiseppe by his American na me, Gu iseppe…Joe… DiMaggio.

You see, Guiseppe Joe Dimaggio refused to believe all the bad things his dad said about him.

He never stopped trying until he finally found his special abilities.

So even if your own family has told you that you’ll never be successful and that you’re good-for-not hing, don’t believe them.

Just forgive them and know that your heavenly Father created you for great things.

Yo u C A N b e c o m e

successful and reach your full potential.

Just ask Jesus Christ to take control of your life every day, and He’ll help you to forgive and forget the past hurts, so you can move on to become all He made you to be Just Think a Minute…

Baños...

from page 6 Oro Lumbia (CGY) airport as the gateway to the northern Mindanao and Misamis Oriental provinces.”

Although the airlines convinced the government to push back the original April 30 opening date “to minimize disruption to passengers and to permit more time to rearrange flight schedules”, the 45 day postponement has apparently failed to convince all carriers the airport and its support infrastructure is ready to receive f lights by the planned 30 June opening date.

The repor ted lack of ava i lable power needed to properly operate Laguindingan’s facilities remains another issue. In fact, word has it even local CA A P of f icia ls a re not comfortable with the revised opening date.

So where does that leave t he people of Nor t hern Mindanao by June 15? In the interest of the greater national good (being those of our overlords in the National Capital Region) we are once again disposable “collateral

damage”.

No wonder the PNoy ma g ic doe sn’t work i n Mindanao: he has consistently demonstrated an obstinacy that many like to call “spite” for coming in second to a deposed and convicted former president who is now mayor of Manila.

Only in the Philippines.

Diaz...

from page 6 government units for various infrastructure projects in their schools.

For i nsta nce, publ ic school teachers begged for the construction of new school buildings at the expense of local government units.

Where does the DepEd allocate the budget for this purpose?

We want the education department to be transparent in the spending of public fund. Otherwise, it would be just fair to reduce the educat ion depa r t ment ’s budget to subsistence level.

Let other government depar tment such as t he health and social services departments enjoy more budget than any other does.

Another government that enjoys so much budget is the Department of Interior and Local Government Unit (DILG).

What for? DILG’s mandate is to supervise operation of local government units such as provinces, cities, and municipalities.

The interior department

7

does provide funds for the operation of local government units. With an annual budget of more than P 121 billion, it becomes inevitable for Juan de la Cruz (the common man) to be disturbed.

Ca ndid ly spea k ing, the interior government department is one of the highly expensive “white elephants” whose huge budget is unfair to the taxpaying public.

Can anybody explain why this government could not deliver the basic services that the citizenry really needs?

The health department’s 2013 budget is only P 54 billion, a budget almost equal to the annual budget of the social services department of about P 54 billion, too.

React: crisguardian@ yahoo.com

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Feature

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor : Shaun Alejandrae Yap Uy

Independence Day Feature:

Mutiny at Calaganan : The Forgotten Katipunan Revolt of Mindanao

By Mike Baños

The fact that Misamis was the only region Montalvan II says existing which actively joined the Katipunan revolt historical sources indicate against Spain remains little known until today. t h e r e w a s o n e o t h e r On September 29, 1896, 350 re voluciona r ios , i nclud i ng 50 Bu k id non lumads, overwhelmed the Spanish garrison and raided the armory of the Fuerza Real de Nueva Victoria in Ca laga na n (present-day Balo-i), Lanao del Norte.

Unable to seize Cagayan because of superior Spanish forces, the revolucionarios pro c e e de d to Su m i l ao, Bu k id non a nd ma rched dow n t he coa st where they commandeered a boat and landed in Balingasag, Misamis Oriental.

From there the group stormed the Tercio Civil outpost in Gingoog where the uprising was finally put down in January 1897 with

the help of reinforcements and a gunboat from Butuan.

It may have occurred over a hundred years ago but this event could change the way the present Philippine f lag looks like. Local historians believe government should fund further research into determining if there is a need to redesign the sun in the Philippine f lag with nine instead of eight rays.

As every grade school student knows, the eight r ay s of t he su n i n t he Philippine tricolor stand for the eight provinces in Luzon which first rose in revolt against the Spanish colonizers in 1896.

But Cagaya n de Oro historia n A ntonio J.

Kat ipuna n-led revolt in the island which occurred during that same period in 1896 but which has not been recognized by Filipino historians.

“The Calaganan Mutiny” is detailed in the letters of Vicente Elio y Sanchez of Camiguin to the Manilabased Spanish newspaper “L a Ocea n ia E spa ñola” and two other historical sources but has never been linked to the “First Cry of Balintawak” led by Andres B on i f a c io. O ne re a s on for the relative historical blackout could be that Elio’s letters never got past Spanish censors anxious to douse t he f lickering f lames of revolution which had broken out in Luzon.

St. Augustine Cathedral

Balingasag Church

The mutiny exploded i n S e ptemb er 29, 189 6 among t he so-ca lled “Disciplinarios” or conscripts consisting mostly of convicts from Luzon, who were pressed into batt le against the Moros in Lanao.

In late August of 1896, the Katipunan revolution against Spain broke out in Luzon. Exact ly a month a f ter, or September 29, 1896, a group of Filipinos from Luzon deported to the Spanish fort in Calaganan for training in mi litar y discipline to fight against t he Moros of La nao, mut i n ie d a ga i n s t t hei r Spa nish superiors upon receiving instructions from the Katipunan in Manila.

They raided the Spanish armory and proceeded to Cagayan to attack the town, being joined by some Moros.

O n t h e w a y, t h e y ransacked convents a nd home s of Sp a n i s h peninsulars. However, a joint force of Spanish soldiers a nd Fi lipino volu nteers repulsed them in Sta. Ana, Tagoloan. From Cagayan, they proceeded to Sumilao, Bukidnon where they were joined by a band of Higaonons. They next attacked Ba l i nga sa g , a nd ra ided the outpost of Gingoog on January 1897.

By t hat time, news of R izal ’s execution had reached Cagaya n a nd Misamis, and this further stoked the anger of the town folk, fanning the f lames of the local Katipuneros. It took the Spanish gunboat

Mariveles, recalled from t he Terc io D i s t r ito d e Surigao, to finally subdue the resistance in Gingoog.

This was the only known Katipunan revolt in t he whole of Mindanao.

W hat app e a rs to b e re m a rk a ble a b out t h i s particular mutiny is that besides happening at approximately t he same time as the Katipunan revolt in Luzon, there is apparently a direct link between it and the Katipunan revolt in the person of Pio Valenzuela, a cousin of Arcadia Valenzuela of Lapasan, Cagayan de Misamis (as Cagayan de Oro was then known) who visited Mindanao during this period (ostensibly on instructions from Andres Boni facio h i msel f !) to instigate a similar revolt in Mindanao.

Augustinian Recollect chronicles confirm that this revolt was in fact instigated by a communication from K at ipu neros i n Lu z on, ma k i ng Mi nda nao t he ninth province to join the Katipunan revolt, albeit not included in the eight rays of the sun in the Philippine f lag which represent the e i g ht prov i nc e s w h ic h first rose against Spanish tyranny.

“We have yet to establish beyond a reasonable doubt t he d irect lin k bet ween t he Katipuna n revolt in Lu zon a nd t he Ca laga n Mutiny, but there appears to be extant sources which seem to indicate that such a link did exist, and that Pio Valenzuela did indeed come to Mindanao on the i nst r uc t ions of A nd re s Bonifacio to foment a revolt aga i nst t he Spa n ia rds,” Montalvan said.

Another unique aspect of t he revolt was t hat it w a s pa r t ic ipate d i n by Mindanao’s tri-people: the Christian immigrants, the indigenous natives in the person of Higaonons from Bukidnon, and a group of Moros from Lanao, making it not only a Katipunan revolt, but one in which all three of Mindanao’s tripeople was represented.

“Should a direct link be e st abl ished bet ween B o n i f a c i o’s K a t i p u n a n revolt in Luzon and t he Ca laganan Mutiny, then t he people of Mindanao can rightfully petition the national government to add a ninth ray to the sun in the Philippine flag,” Montalvan said.

What needs to be done feature/PAGE 10

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SSS...

from page 3

birth month to members remember t heir a nnua l schedule for confirming their continued eligibility for pension.

According to pension fund president and chief executive officer Emilio de Quiros, Jr., the SSS’ microsavings program AlkanSSSya and the accreditation of organized groups as collecting and ser vicing partner agents helped the fund in its efforts to expand coverage and encourage more Filipinos to join the SSS. “We have stepped up our campaign to reach out to workers in Nor t hern Mindanao, with the AlkanSSSya launch for the Maga llanes Cabadbaran Tr ic ycle Operators a nd Dr ivers Associat ion on June 7. We will also sign an agreement on the same day with the Baug CARP Beneficiaries Multi-Purpose Cooperative for the SSS coverage of over 6, 8 0 0 farmers,” he said.

Aims... from page 3

hours (gwh), six percent higher than the 14,411 gwh in 2011. Consolidated operating income went up two percent to P17.12 billion from P16.72 billion over the same period.

2Go... from page 3

be difficult to set a target for 2G O a lone because of the nature of Nenaco’s business is highly integrated.

The shipping--cargo and p a s s e n ge r s h ippi n g- -i s ha nd led by 2G O wh i le log i st ic s , wa rehou si ng , and other allied services are handled by Nenaco’s other units.

Nenaco uses 22 vessels in 32 routes. After it folded in Aboitiz Transport, Nenaco consolidated its operations, eliminated redundant routes, integrated terminal facilities and trimmed manpower.

Despite t he reduced number of vessels, 2GO was able to serve the same number of passengers and cargo at 6.4 million travelers and 360,000 twenty-foot equivalent unit (TEUs), respectively.

Its capacity utilization s t a n d s a t 8 2 p e r c e nt , w it h enoug h room to accommodate the expected increase in passengers and cargo until 2014. Because of that, 2GO does not need to re-fleet, Tagud said.

He said P900 million of its P1.2-billion capital expenditure (capex) would go to dry-docking six ships

this year. The rest of its capex, which would be sourced internally, would be spent on expanding its non-shipping operations.

Aside from reduced costs, 2GO and its parent firm are upbeat about prospects for the year given the growth of various industries that need to move goods and passengers.

With the government’s tourism thrust, 2GO expects passenger grow t h of 12 percent this year, or double the annual growth seen in the past five years. During the first four months, passenger volume grew 16 percent.

“There are more economic activities so there would be more people travelling. Not only for tourism, but also for business [as] more jobs are opening up. So people are going to Manila to seek more jobs. There will also be a lot of trading going on within the country,” Tagud said.

Last year, 2GO saw the number of travelers and t r uck s i n its Bata ngasCaticlan route grow by 100 percent. Its Manila-Cebu route enjoyed the biggest passenger volume, but other long-haul routes such as Manila-Bacolod and ManilaIloilo increased frequency during the 12-month period.

As for its freight business, 2GO is seeing a growth of 10-12 percent this year, more than double the four percent rate seen in the past five years, Tagud said.

2GO has cornered 90 percent of the passengers for long-haul shipping (LuzonVisayas-Mindanao) and 35 percent of the cargo market.

Feature... from page 8

at this point is to verif y primary sources such as the Consular Letters of the French Embassy in Manila to Paris where the Calaganan Mut i ny is descr ibed i n detail, Montalvan added.

The letters are now in the archives of the National Museum in Manila, as are ot her extant documents like the historical account of t he Je su it h i s tor i a n Pablo Pastells in which the “Calaganan Mutiny” is also described in detail.

NRM... from page 4

sector in 11 Asian countries to facilitate the adoption of technologies that help rice farmers address natural resou rce ma nagement challenges.

Since IRRC started in 1997, it has benefited some 1.2 million farmers through

rice production technologies and capacity building with different countries. “ We ’r e i m m e n s e l y grateful to the Swiss Agency for Development a nd Cooperation, which provided funding support to the IRRC. Without their support, all of those positive impacts would not have taken place,” said IRRC coordinator Dr. Grant Singleton, a senior scientist at IRRI. Singleton added: “The IRRC, no doubt, was a good catalyst for natural resource management impacts in Asia.

This was enabled through cross-country learning and forging of partnerships.

Through them also, IRRC was able to help countries identify their rice research needs or extension priorities, and then IRRC made sure to help them achieve those.

These learnings point to our recommendation for agricultural research and extension organizations, especially those involved in natural resource management technology development and dissemination, to strongly exa mine t he va lue of a ‘consortium-based approach’ and consider it in their operations.”

Free... from page 4

fishermen the opportunity to own their small fishponds, CAR P and its a mended versions, a lso triggered the “mass occupation” of two of the biggest lakes in the country—Laguna Lake and Taal Lake—by exportoriented fishery companies, the group said.

BAS... from page 4

Bas said this was enough to cover 35 days of consumers’ rice requirements. The rice inventor y of households was higher by 1.6 percent c omp a re d to t he le ve l registered during the same period a year ago.

M e a nw h i l e , r i c e i n commercia l wa rehouses r e a c h e d 8 0 0 , 0 0 0 M T, which would last 24 days.

Commercial warehouses had the same inventory compared to the level registered last year.

Of the total rice stocks re c ord e d on M ay 1, households accounted for 46 percent, commercia l warehouses had 31 percent, while the NFA shared 23 percent.

Total corn stock inventory, meanwhile, reached 230,800 MT as of May 1. Bas said this was 12.8 percent higher than last year’s 204,700 MT. Rice and corn are two of

the major crops grown in the Philippines. Production of palay alone accounts for around 15 percent total farm output at any given period.

(BM)

Farmer...

from page 4 Alcala said he was awed by Vicente’s simplicity and drive to continue with his work despite his advanced age then.

“Talking to him, I saw that he was a pure person. He was really happy and satisfied with the kind of life that he pursued,” he said.

Vicente, who was exposed for many years among the poorest of the poor farmers in the country, had once lost his trust in the government and national leaders, Alcala said.

He said through their series of interactions, he was able to bring back the latter’s trust to the government and he later on convinced him to help DA in training its farm technicians, agriculture extension workers and small rice farmers in the area.

“He was practical and direct as a person. The first time that I visited him, I brought a soil tester as a gift.

He expressed dismay over it, believing it was made in China, and was only relieved when I showed him that it came from Japan. But then he asked me: ‘Congressman, ito ba ay bigay o lagay (is this a gift or a bribe)?’ I only managed a smile and we became good friends after that,” he said.

Black rice: Alca la said among Vicente’s “greatest treasure a nd ach ievement ” was his collection of over 500 traditional and indigenous rice varieties coming from various parts of the country.

A mong t hese is t he black rice, which DA earlier i nt ro duc e d t h rou g h t he traditional or organic farming method in some parts of the country and is now exported abroad.

“In one of my visits here about two years ago, he gave me two spoonfuls of black rice seeds. I initially introduced them to a group of farmers in Quezon province and now they’re starting to export their produce,” he said.

To further give due honor and recognition to Vicente’s work a nd ach ie vement s , Alcala said he will lead the establishment of a foundation in the latter’s name.

The planned foundation will champion the scientist’s l i fet i me com m it ment to m a i n s t re a m su s t a i n a ble a g r ic u lt u re a nd orga n ic farming in the country, he said.

“His work will continue through this foundation. We will make sure that his vision to pass on these indigenous rice treasures to the later generations will be fulfilled,” he added.

Exports...

from page 2 The company owns the Del Monte bra nd i n t he Ph i l ippi ne s , whose core business revolves on processed and canned fruits.

Chief operating officer Luis F. Alejandro said fresh pineapple will be sold under the S&W brand which Del Monte Pacific bought for $10 million in 2007.

“We wanted to bring it to the international market, and specifically using a specific asset, which is the largest, most integrated plantation in Bukidnon. Now with S&W, we now have footprint to grow our branded business in the international market,” he said.

Del Monte Pacific can now sell both processed and fresh pineapple products through S&W, which was not possible under the Del Monte brand.

“Del Monte trademark is only processed product.

Whereas with S&W, we can market any kind of products, and in fact we now have a big business in export of fresh pineapple to Korea, Japan, China, and the Middle East under S&W brand,” Alejandro said.

S&W originated in the US as producer and marketer of processed fruit and vegetable products, claiming to be a premium brand globally except in the Americas, Australia and New Zealand.

Also Monday, Del Monte Pacific listed 1.298 billion shares on the Philippine Stock Exchange (PSE) by way of introduction. It has been listed on the Singapore Stock Exchange (SGX) since 1999.

This is the first dual listing on the PSE and the SGX. Controlling shareholder, NutriAsia Pacific Limited, entered into a placement agreement for the sale of 150 million shares at P26.40 apiece, diluting its stake to 67 percent from 78.6 percent.

Net profit jumped to $32.1 million last year, from $27.4 million a year earlier, on record sales of $459.7 million—up 8 percent year-on-year.

Subsidiar y Del Monte Phi lippines ow ns t he 23,000-hectare pineapple pla ntat ion in Minda nao, dubbed as the world’s largest pineapple operation with a 70 0 , 0 0 0 -t on pr o c e s s i n g facility.

NEDA... from page 2

Majority of the unemployed were high school graduates (31.7%), college

graduates (21.3%) and college undergraduates (14.6%).

“There is a need to improve the employability of worker applicants, particularly those with secondary and tertiary education. A more effective par tnership among f irms or establishments, academe a nd t he government w i l l prov ide usef u l i nputs to the curriculum design,” the NEDA official said.

A lmost ha lf or 48.2 percent of the unemployed are aged 15-24 years old, where about 27.5 percent are male and 20.7 percent are female.

“There should also be an aggressive promotion of skills training and apprenticeship programs to improve t he quality of graduates, thereby lessening the uncertainty i nvolved i n h i r i ng f resh graduates. The role of the government is cr ucia l in reducing employ ment information or search costs,” said Esguerra.

On t he ot her ha nd, a 2.9 percent-grow t h yearon-year in the employment of wage and salary workers (619,000 individuals) with more remunerative and stable work was recorded in April 2013. Also, the number of full time employment (worked 40 hours or more) posted a double-digit growth from a year ago, increasing its share to 64.0 percent in the same period.

“These figures, along with the underemployment rate, manifest an improvement in the quality of employment du r i ng t he per iod,” sa id Esguerra.

B ut h e s t re s s e d t h a t increasing the number of employers in the country is still critical in creating decent and productive jobs that the Filipino workforce needs. “ T he c ou nt r y shou ld continually entice domestic a nd foreig n i nvestors by reducing institutional and administrative impediments to doing business, and through the timely implementation and completion of infrastructure projects,” said Esguerra.

He a d d e d t h at t he s e priorities and programs are part of the strategy and action plan on employment creation bei ng for mu lated i n t he Philippine Development Plan 2011-2016 Midterm Update, which will be released before the year ends.

E s g uer r a , w ho he a d s NEDA’s National Development Of f ice for Pla n n i ng a nd Policy, is currently OIC while Socioeconom ic Pla n n i ng S e c r e t a r y a n d N E DA Director-General Arsenio M. Balisacan is on official business abroad.

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DOT... from page 1

He proposed the accreditation of bed and brea k fast or homestay accommodation arrangements to boost the province’s tourism industry.

L a i l a M a r te , of t he Provincial Tourism Office, told MindaNews that one of the problems “is that many of the hotels, inns and resorts do not submit for accreditation.”

She said the DOT uses an international standard for accreditation.

Chan said Bukidnon has a lot of emerging tourist destinations waiting to be developed.

Last September, Maria Elena Manalo, a supervisor at DOT Region 10, cited the substandard quality of amenities and services in local hotels and restaurants as deterrents to attract tourists.

She noted that the quality of amenities and services of hotels and restaurants in Bukidnon have been the bigger problem in attracting tourists to the area.

Manalo urged local hotels and restaurants to improve what they can offer especially in terms of quality of services, cleanliness, hospitality and efficiency.

“Let’s make use of our present resources. Let’s improve on them and let’s flaunt it,” she said.

Surplus...

from page 1 m on it or i n g t he p owe r situation on the island, said the surplus is mainly due to the rehabilitation of several power plants.

Romeo M. Montenegro, head of the MinDA public affairs department, said the National Power Corp.’s Agus 5 hydroelectric plant in Lanao del Norte is back in harness after weeks of repair. The plant generates 45 MW. Another power source that resumed operations t his week is t he second power generator of Steag State Power, Inc. in Misamis Orienta l. The generator under went maintenance work last week. The plant has a maximum capacity of 100 MW. The diesel-fed plant of Alcantara-owned Mapalad Power Corp. has also started supplying 30 MW to the grid and is scheduled to fully operate before the end of the third quarter with a maximum capacity of 98 MW. Mr. Montenegro added that the other hydroelectric pla nts in t he Ag us a nd

Pulangi complexes have been providing maximum capacity as water level in the rivers tapped to run these plants was above the minimum requirement.

With enough power for the Mindanao grid, areas pre v iou sly h it by long brownouts would have had a 24-hour supply Tuesday.

T his was conf irmed by sources in Zamboanga City, which, last week, was still experiencing 30-minute brownouts, compared with three months ago, when brownouts were as long as eight hours.

In prev ious mont hs, Mindanao grid ’s supply has generally been below 1,000 MW, indicating a daily shortage of about 300 MW, prompting electric utilities on Zamboanga Peninsula and in Soccsksargen to resort to outages lasting up to eight hours.

Power industry stakeholders on the island have genera lly been pessimistic about power prospects and have warned of a dry spell that could cut the output of the island’s hydroelectric plants, which produce about half the grid’s 1,300 MW supply.

I n 2 010 , M i n d a n a o experienced even worse power cond it ions when production went down to about 700 MW, or about 500 to 600 MW short of the requirements.

NGCP... from page 1

In Kiharon, most of the parents can’t afford school supplies for children who go to school in barefoot.

The school materials, was a relief and that would help encourage their children to attend classes for they a l re ady have t he ba sic learning tools.

NGCP, said that most of the selected host locations are like Kiharon. Impoverish.

NGCP’s Balik Eskwela project, was also designed to bring to the identified communities the importance of residents’ cooperation in the maintenance of the power lines within their barangays.

The school materia ls ser ve as a consta nt r e m i n d e r. P r i nt e d a r e pieces of information about NGCP’s operational safety and security and the law that penalized pilferage of materials from line towers.

“W hat we are giv ing pupi l s t o t h e s e le c t e d communities have significance to our massive information campaign so

that the adults would be constantly reminded that they have roles to play in the upkeep of the power lines.” NGCP said.

The Ba li k Esk wela project benefits: 60 schools in Minda nao; 35 in t he Visayas; 25 in Bicol; and 25 in northern Luzon.

These areas have been identified from about 6,400 NG C P ho s t b a r a n g ay s nationwide as perennia l targets of pi lferage; t he r ig ht of way problems; notwithstanding the prevalence of electrocution accidents that the power transmission company is trying to resolve.

NG CP ’s March 2 013 pu bl ic at ion of Transmissions, indicated that one of the major causes of frequent power outages is the worsening right-of-way (Row) issues in Mindanao.

NGCP, in par ticu lar, ident i f ied Ba loi, L a nao del Nor te a s t he mos t troublesome where despite the company’s efforts to educate the community on the risks of living under t ra nsm ission l i nes , t he planting of trees, the setting up of structures and other obstructions, including kite f lying, under and around transmission facilities, Row violations still persist.

“All of these activities can disrupt the transmission of power that could cause outages. More importantly, the violations damage our l i ne s a nd c ompr om i s e the safety of the public,” s a i d A t t y. C y nt h i a Pere z-A laba n z a , NG CP spokesperson and head of corporate communications.

NGCP said that its Baloi substation and lines are crucial facilities to the entire Mindanao grid because the bulk of the power generated from the National Power Corporation’s Agus Complex enters the grid through the substation.

The Ag us complex supplies about 500 Megawatt (MW) or about 60 percent of power generated to the Minda nao g rid. A nd at least 200MW that Is being d ist ributed to sout hern Mindanao passing through the Baloi substation.

11

Local gov’t should be self-reliant, independent

By CRIS DIAZ, Contributing Editor

G OV E R NOR O s c a r Moreno of Misa mis Oriental on Wednesday exhorted local government units in the country to become self-reliant and i ndependent f rom t he national government.

Moreno issued the call on the occasion of the “115th Independence Day Anniversary” in a speech at the provincial capitol We d n e s d a y m o r n i n g attended by senior officials of the government’s regional and national agencies.

He said that the spirit of the independence day contract to supply electric energy in 2016 as well as the projected increase in energ y requ irements of DASURECO will result in a shortage of the energ y available to DASURECO and its customers.”

PSALM and DASURECO’s contract for the supply of electricity will expire on Dec. 25, 2016.

DASURECO distributes electricity to the municipalities of Magsaysay, Sulop, Jose Abad Santos, Sta. Cruz, Hagonoy, Malalag, Don Marcelino, Bansalan, Padada, St a . Ma r ia , S a r a nga n i, Mat a na , K iblawa n a nd Malita, all located in the province of Davao del Sur.

celebration is to remind the Filipinos on the importance of being free from external and internal domination.

“While our forefathers fought to free us from the clutches of foreign domination eleven-anda-half decades ago, our primary obligation today is to work toget her to establish an independent local governance in line with the agenda of the nat iona l government,” Moreno said.

Moreno cited t he principles of self-reliant in loca l governance as

espoused by t he Loca l Government Code of 1999.

T he loc a l gover n ment code of 1999 authored by former senator Aquilino Pimentel, Jr. exemplifies the spirit of self-reliant and independence of local government units, Moreno said.

He said that the province of Misamis Oriental is aware of the obligation being pursued by the Local Government Code that the province succeeded in pursuing its development goals through self-reliance and team work.(PNA)

Del Monte shares down 11% on debut SHARES of Del Monte Pacific Ltd. fell as much as 11 percent on its Philippine debut on Monday, bucking t he bro ader ma rke t ’s rise, after the company’s controlling shareholder sold some sha res at a discount.

D e l Mont e , w h ic h grows, processes and sells canned and fresh pineapple and other fruits, listed 1.3 billion shares on the Philippine Stock Exchange at a debut price of P29.80 without undertaking an initial public offering.

The stock, which is also traded in Singapore, fell

!

D A E R

to as low as P26.55 in the morning and was trading at P27.70 at 0556 GMT. The Philippine benchmark index rose 2.6 percent on bargain-hunting following last week’s slump.

Del Monte said in a filing its controlling shareholder, NutriAsia Pacific Ltd., had entered into a placement agreement for the sale of 150 million shares at the price of P26.40 apiece ahead of its Philippine listing.

It is the third listing this year on the local bourse, which is currently the third best-performing Southeast Asian market.

TSI...

from page 1

Agusan del Norte and Maco, Compostela Valley.

“It is expected that the energ y requ irements of DASUR ECO’s customers will significantly increase in the next few years...” the petition read.

“Expiration of the PSALM

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