BusinessMirror December 30, 2019

Page 1

w

n

Monday, December 30, 2019 Vol. 15 No. 81

Ursula farm, infra toll hits ₧1B; deaths at 41 T

By Rene Acosta @reneacostaBM & Jasper Emmanuel Y. Arcalas @jearcalas

HE damage to the farm sector caused by Typhoon Ursula has climbed to almost P800 million following additional reported losses in Western and Eastern Visayas, the Department of Agriculture (DA) said. Combined with damage to infrastructure, Ursula’s toll reaches at least P1 billion, the main disaster agency said on Sunday.

The death toll from Ursula (international code name Phanfone), which struck on Christmas Day, has hit 41, with 28 people injured and another 12 missing, authorities said. I n it s bu l let i n i ssued on

December 28, the DA-Disaster Risk Reduction and Management Operations Center (DA-DRRM OpCen) said losses incurred by farmers has reached P782.97 million from P695.85 million.

“Updated report from Western and Eastern Visayas tcaused the increase in the total damages and losses” to the farm sector, the DADRRM OpCen said in its report published online.

P25.00 nationwide | 2 sections 16 pages |

P482M RELEASED FROM PALACE FUND TO COVER HOG RAISERS’ ASF LOSS By Bernadette D. Nicolas

T

Among the damaged buildings were 372 schools, 29 health facilities and 90 public structures, the NDRRMC said. At least 265,643 houses were likewise, damaged. Ursula battered the Visayas and parts of Luzon on Christmas and Christmas Eve, affecting 399,242 families or 1,633,611 persons in

HE Department of Budget and Management (DBM) has officially released P482.35 million for the Department of Agriculture’s (DA) indemnification program for hog raisers affected by the African swine fever (ASF). Based on the latest list of special allotment release orders (Saro), the document allowing for the fund release was approved and issued on December 27, following President Duterte’s approval through a December 17 memorandum. In a text message to the BusinessMirror, Acting Budget Secretary Wendel E. Avisado said the money was sourced from the contingency fund of the Office of the President. Sought for more details on the fund release, Agriculture Secretary William Dar said via SMS: “This money will be mostly for Bulacan and Pampanga, and other outlying provinces.” At a Cabinet meeting in November, Duterte had approved Dar’s request to use P1 billion from the Office of the President’s contingency fund for the indemnification program. In October, the President had also approved a proposal to increase the indemnification to backyard raisers whose hogs were culled due to ASF—to P5,000 from P3,000 per pig. While Dar said he doesn’t have the exact number on how many hog raisers will receive indemnification, DA said in its report as of December 15 that the number of pigs culled and which died due to ASF stood at 147,334.

See “Ursula,” A2

See “ASF,” A2

₧782.97M

Updated estimates of losses incurred by farmers, up from P695.85 million, per the latest bulletin issued by the DA-Disaster Risk Reduction and Management Operations Center

Public structures

Congress seen to move on amending law to allow motorbike taxis on road By Jovee Marie N. dela Cruz @joveemarie

& Butch Fernandez

W

@butchfBM

HEN sessions resume on January 20, lawmakers from both chambers are expected to fast-track deliberations on pending bills to amend the decades-old transportation code in order to allow the operation of motorcycle taxis, which will become illegal when the second trial period ends in March, unless a law is passed. Samar Rep. Edgar Sarmiento, chairman of the House Committee on Transportation, said on Sunday his committee will try to fast-track deliberations of at least 15 pending House bills related to the operation of motorcycle taxis. The operations of these taxis, done through ride-hailing apps, were provisionally allowed for six months amid mounting clamor for alternative means of commuting amid the traffic and an inadequate mass transport system. Senate leaders, meanwhile, are moving to front-load a review to assess recent actions taken by the Land Transportation Franchising and Regulatory Board (LTFRB) with regard to the new regime for ride-hailing apps after the sixmonth trial period, given the huge

PESO exchange rates n

public interest seen to be hurt by the sudden cap regulators imposed of 10,000 motorbike riders for each operator. Minority Leader Franklin Drilon, in a text message to the Businessmirror, replied, “Yes” when asked over the weekend if the Senate should move to fast-track legislation amending the National Transportation and Traffic Code in order to allow motorcycles as for-hire vehicles, given the LTFRB statement last Thursday that after the second three-month trial for ride-hailing apps like Angkas, motorbike taxis will cease to exist, being illegal. Sen.Richard Gordon said Sunday he was still mulling options to hold hearings to assess the need for remedial legislation to protect commuters taking motorbike taxis. “I am still thinking about it,” Gordon told the Businessmirror. Senate President Vicente Sotto III, however, said he is leaving it up to the Committee on Public Services to weigh in options for crafting remedial legislation, adding that the panel chief, Sen. Grace Poe, had been actively leading deliberations on the issues before the six-month trial started. Poe’s Public Services Committee was one of many parties that tackled the issues before the six-month See “Motorbike taxis,” A2

@BNicolasBM

DA sees 2.5% Q4 growth amid Dec storms

D

serve as all-weather access for vehicles and pedestrians going to and from the premier tourist destination. Currently, boat services connect Boracay and Panay. The bridge, however, will not cater to vehicular through traffic, but will provide loading/unloading areas to facilitate the movement of commuters, solid waste, goods and supplies.

ESPITE storms that hit the farm sector this month, the Department of Agriculture (DA) is optimistic that agricultural output in the fourth quarter would expand by at least 2.5 percent, sustaining its nearly 3-percent growth in the previous quarter. In a statement recently, the DA remained firm on its projection that the farm sector would grow from 2.5 percent to 3 percent in the October-to-December period. The country’s agricultural output in the fourth quarter of 2018 rose 1.8 percent. “We are hopeful that favorable conditions were sustained in the fourth quarter, allowing us to attain a full-year growth target of at least 2 percent,” Agriculture Secretary William Dar said. The farm sector grew by only 0.64 percent in the first quarter and then contracted by 1.23 percent in the second quarter due to El Niño, the DA said. Dar is cognizant that he faced “major challenges,” which could have been detrimental to the farm sector’s growth, right after he assumed office in August. Among these issues are the plunge in palay and copra prices, high retail price of rice, spread of African swine fever (ASF) and the

See “SMC,” A2

See “Q4 growth,” A2

IMMORTAL IMAGE A worker cleans the statue of National Hero Jose Rizal on Sunday at the premier park in Manila named after him, as the nation marks on Monday (December 30) his 123rd death anniversary. He was executed on orders of the Spanish colonial government at Bagumbayan Field, the approximate site of the park. ROY DOMINGO

SMC must address Boracay bridge issues–Villar By Lorenz S. Marasigan @lorenzmarasigan

D

IVERSIFIED conglomerate San Miguel Corp. has to address all of the concerns of locals—including environmental issues—before its unsolicited proposal to develop a bridge to Boracay advances. Public Works Secretary Mark A. Villar said the proposal is “still pending”

as concerns from locals continue to pile up, now including environmental ones. “There are environmental concerns as to how the vehicles will travel to Boracay,” he said. Through San Miguel Holdings Corp. (SMHC), the company proposed to build a 1.2-kilometer limited-access bridge between Boracay Island and Panay. When completed, the facility will

US 50.7440 n japan 0.4629 n UK 65.9926 n HK 6.5162 n CHINA 7.2512 n singapore 37.4909 n australia 35.2569 n EU 56.3512 n SAUDI ARABIA 13.5238

Source: BSP (27 December 2019 )


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.