Businessmirror may 05, 2018

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MEDIA PARTNER OF THE YEAR

UNITED NATIONS

2015ENVIRONMENTAL MEDIA AWARD LEADERSHIP AWARD 2008

BusinessMirror

www.businessmirror.com.ph

A broader look at today’s business n

Saturday, May 5, 2018 Vol. 13 No. 203

2016 EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR

P25.00 nationwide | 2 sections 20 pages | 7 DAYS A WEEK

PHL MAY BE FIRST IN ASEAN WITH GREEN ECONOMY LAWS

GREEN JOBS SEEN LEADING PHL TO GARDEN OF GROWTH

FINANCE ministers and central-bank governors of Asean and their dialogue partners China, Japan and South Korea pose following their dialogue in the ongoing 51st Asian Development Bank on Friday, May 4, in Mandaluyong City. AP/BULLIT MARQUEZ

T

By Samuel P. Medenilla

HE answer to Asia’s plight of labor displacement from new technology may come from the environment.

During its 51st meeting in Mandaluyong City on Friday, the Asian Development Bank (ADB) urged countries in the Asia-Pacific region to take advantage of the new job opportunities from the growing international demand for environment-friendly businesses and jobs in the next decade.

“Creating more jobs is essential for this region. Asia has created 30 million jobs annually, mostly in industry and service for the past 25 years, but it will have to create more in the future as our work force is projected to increase by another 11 million from 2015 to 2030,” ADB Sustainable Develop-

ment and Climate Change Department Director General Amy S.P. Leung said. “Greening economies can be a driver for growth by incorporating the development of new sectors and employment as the economies transition,” Leung added. The United Nations defines

green economy as any economic activity “that improves human well-being and builds social equity while reducing environmental risks and scarcities.” ADB Development Economics and Indicators Division Director Rana Hasan did confirm that some Continued on A2

SOX targets 5.4M tourists for 2018 Story & photos by Ma. Stella F. Arnaldo

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Special to the BusinessMirror

HE “food basket” of Mindanao expects to see some 5.4 million tourists this year, as the Department of Tourism (DOT) pushes the promotion of the region’s various tourism destinations. In an interview with the BusinessMirror, DOT Director for Region 12 (Soccsksargen or SOX) Maria Rica Bueno said the bulk of the tourists in the region are day tourists who come from the neighboring provinces and regions. “We have a very good road network, so tourists can go on road trips to visit one province to another. We

are privileged to be a beneficiary of the Tourism Road Infrastructure Program [TRIP], such that 17 roads [that connect to tourism destinations] have been constructed in the previous years.” This has led to a 31-percent increase in visitor arrivals in the SOX region to 4.9 million in 2017, she noted. From 2018 to 2022, about

PESO EXCHANGE RATES n US 51.8600

THE Treasures of Soccsksargen, now in its third edition, is a travel and cultural expo showcasing the tourism destinations and agricultural/trade products of Region 12, formerly known as Central Mindanao. The expo is ongoing until Sunday, May 6, at the Glorietta Activity Center, Makati City.

32 roads will be constructed in the region; and for 2019, specifically, the DOT will be “recommending another set of roads” for construction by the Department of Public

Works and Highways. To promote the region and its tourism destinations and products, the DOT is hosting the “Treasures of SOX” until Sunday,

FRESHLY caught tuna sliced sashimi style was on display at Friday’s launch of the Treasures of Soccsksargen.

May 6, at the Glorietta Activity Center. “It is an annual travel and trade expo for the region’s tourism and trade sellers now on its third edition. It’s a convergence

program of the DOT regional office, together with other government agencies like the departments of Trade and Industry, Continued on A2

n JAPAN 0.47509 n UK 70.4155 n HK 6.6071 n CHINA 8.1669 n SINGAPORE 38.9778 n AUSTRALIA 39.0454 n EU 62.1801 n SAUDI ARABIA 13.8294

Source: BSP (May 4, 2018 )


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