media partner of the year
United nations
2015 environmental Media Award leadership award 2008
BusinessMirror
www.businessmirror.com.ph
A broader look at today’s business n
Sunday, February 19, 2017 Vol. 12 No. 130
2016 ejap journalism awards
business news source of the year
P25.00 nationwide | 2 sections 16 pages | 7 days a week
Twin-airport tack solution to air, land traffic woes in Luzon
‘Build Sangley-Clark railway link’ A By Lorenz S. Marasigan & Recto Mercene
DOPTING a twin-airport policy—one in the north and another in the south—is the most beneficial strategy that the government can undertake, an official from a party that offered to build a new international gateway in Sangley, Cavite, said on Thursday.
LIM: “We can have two airports we can be proud of, not just one. Clark is underutilized because it really needs to have a new terminal and infrastructure for easy access. It is the one that must be privatized, not Naia.”
Washington, D.C., model
Former Finance Secretary Roberto de Ocampo backed the dualairport proposal system for the Philippines, much like what the former government official saw in
Ragsac19 | Dreamstime.com
All-Asia Resources and Reclamation Corp. (ARRC) Vice President Edmund Lim said the government and the public stand to benefit the most when such a policy has been put in place. He said the country should have two international gateway airports—one in Sangley and another in Clark—for public convenience and to cope with demand growth in the future. “These two are strategically located to serve the northern and southern parts of Luzon. Those in Metro Manila can choose which one is more convenient to them, which will also help ease traffic,” he said.
Continued on A2
E
Expert: PHL should implement sustainable forest management to end illegal logging
nvironment Secretary Regina Paz L. Lopez has vowed to intensify the campaign against illegal logging to protect the country’s watershed areas, a campaign which may be doomed to fail unless measures promoting investment in sustainable forest management is put in place, a forestry expert said.
Tonyoquias | Dreamstime.com
PESO exchange rates n US 49.9250
By Jonathan L. Mayuga
The renewed drive against illegal logging is in line with President Duterte’s marching order to enforce a total log ban, especially within watersheds, following massive flooding in Agusan and other Caraga provinces last month. “We will intensify the campaign against illegal logging, and Victor Corpuz will lead the task force,” Lopez told reporters at a news conference, as she announced the cancellation of 75 mineral production sharing agreements (MPSAs) and the Tampakan Copper-Gold Project Financial and/or Technical Assistance (FTAA) at the Department of Environment and Natural Resources (DENR) early this week. The official earlier blamed the flooding in Agusan, which prompted the government to implement
Valdez: “The government should allow private-sector investment to come in by opening CBFMs. The private companies will invest and provide technical training while the communities will have jobs. A sharing scheme can be forged for mutual benefit.”
forced evacuation in Agusan del Sur, to the destruction brought by logging and mining in the area. The cancellation of the MPSAs, a preventive measure, aims to protect and conserve the country’s fresh-water supply, against the impact of mining operations, Lopez pointed out. Continued on A2
n japan 0.4409 n UK 62.3463 n HK 6.4345 n CHINA 7.2841 n singapore 35.2453 n australia 38.4023 n EU 53.2999 n SAUDI arabia 13.3158
Source: BSP (17 February 2017 )