BusinessMirror February 09, 2020

Page 1

ROTARY CLUB OF MANILA JOURNALISM AWARDS

2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year

BusinessMirror

www.businessmirror.com.ph

A broader look at today’s business n

Sunday, February 9, 2020 Vol. 15 No. 122

RENEWED GOVT-BUSINESS SECTOR EFFORT PUSHED TO RESTORE VIABILITY OF PHL’S HORTICULTURE AND FLORICULTURE INDUSTRY

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

PHILIPPINE STATISTICS AUTHORITY

DATA CHAMPION

P25.00 nationwide | 2 sections 16 pages | 7 DAYS A WEEK A TWITTER-INSPIRED flower-arrangement float displayed at the Panagbenga Flower Festival in Baguio City, February 24, 2013. JULIUS DACKIAS | DREAMSTIME.COM

‘LET A MILLION FLOWERS BLOOM’

NCE dubbed the “sunshine industry” of the Philippines, the blooming horticulture and floriculture sector, with its potential multibillion-peso market value, could regain its full-blown viability if both the government and the business community work together to turn it around anew from its moribund state, according to a New York-based events and floral designer.

TWITTER.COM/JERRYSIBAL

O

By Roderick L. Abad | Contributor

JERRY SIBAL: ““There is always a possibility for growth. We only have to think big and ask ourselves how we are going to do it.”

“We have this great opportunity to create a new sustainable and socially conscious industry to uplift floriculture, horticulture, business and tourism here,” said Jerry Sibal, who visited Manila recently to officially kick off the pioneering

Philippine International Flower Show (PIFS). A booming flower production in the country, he said, could help propel economic activities, support small-scale businesses, create more jobs and increase export revenues. These are enough reasons for the government, as well as the private sector, to now take a second and more serious look at this emerging industry, Sibal said. “There is always a possibility for growth. We only have to think big and ask ourselves how we are going to do it,” he added.

Flower lovers

FLOWERS are essential for Filipinos, being present mostly throughout their lives, from birth to death, from womb to tomb. In fact,

blooms are a staple in their cultural rites, religious occasions, and even political affairs. And of course, they go gaga over flowers for Valentine’s, which is just around the corner. “Filipinos appreciate flowers in the same way they appreciate art, or music,” said Sibal, who personally relates it to his childhood experience in Manila where he was born. “It’s always such a joy to be around flowers. You cannot quantify the joy that flowers can give you. It’s always a spiritual, mystic experience. I am sure many Filipinos feel the same,” he added. Even if gladiolas, roses, birds of paradise and orchids were the only flowers he knew during his youthful years, little did he know that his childhood fondness for these orna-

mental plants would spring out to his budding career now as he learns so much about all the species. Beyond being the main medium of events design, or a backyard livelihood, for many small and medium entrepreneurs, flowers for him could also be a key to stir greater economic activity and revitalize other sectors of society.

Tracing roots of PHL flower sector

THE Philippine floral industry, like other sectors, has had its ups and downs in the past 30 years. Data show that the yearly total cut-flower production nationwide reached 8,120 metric tons (MT) in 1990. It then grew by more than double to 22,671 MT produced on 1,586 hectares in 2003. Continued on A2

Stranded on virus-hit ships, passengers play with balloons By Isabel Reynolds, Emi Nobuhiro & K. Oanh Ha

A

Bloomberg News

FTER a 15-day cruise that took them to ports in Japan, Hong Kong and Vietnam, Kent Frasure and his wife were looking forward to another week of travel in Japan. But instead of leaving the ship as planned in Yokohama on Tuesday, they were held for screenings after health officials wearing masks boarded the ship to check for coronavirus.

Then on Wednesday morning, passengers were told by loudspeaker to stay in their cabins. Their ship, Carnival Corp.’s Diamond Princess, would be quarantined for two weeks. “We’ve been in our cabins ever since,” said Frasure, 42, an Intel Corp. technician from Forest Grove, Oregon, who had saved up

for the trip for more than a year and spoke by phone using WhatsApp. “It’s beginning to feel isolating—a little bit of cabin fever. There’s been no sign of them letting us out.” The quarantines of two luxury liners hit by coronavirus off Japan and Hong Kong have turned vacations into confinement for more than 7,000 passengers and crew.

PESO EXCHANGE RATES n US 50.7800

VESSELS sail past the Diamond Princess cruise ship with over 3,000 people as it sits anchored in quarantine off the port of Yokohama on February 4, 2020, a day after it arrived with passengers feeling ill. BEHROUZ MEHRI/AFP VIA GETTY IMAGES

Japan’s health ministry Thursday said it’s found another 10 people on the Diamond Princess have been infected with coronavirus, bringing the total to 20. The ship with about 3,700 crew and passengers aboard was placed under quarantine earlier this week. It returned to Yokohama on Thursday to get new supplies and then head off the Japanese coast. Dream Cruises Management Ltd. runs the ship held off Hong Kong. Health authorities said 32 of 33 crew members who had selfreported symptoms were tested and found not to be infected, adding one result is still pending, according to a government statement. The ship was quarantined after three travelers who disembarked in China were diagnosed with the coronavirus. Frasure says he and his wife have been frustrated by a lack of information and have been glued to their devices to monitor news online. His biggest concern is whether they were exposed to the Continued on A2

n JAPAN 0.4617 n UK 65.6687 n HK 6.5401 n CHINA 7.2834 n SINGAPORE 36.6510 n AUSTRALIA 34.1749 n EU 55.7615 n SAUDI ARABIA 13.5363

Source: BSP (February 7, 2020)


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.