Businessmirror october 15, 2017

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Duterte order effectively ends leadership infighting in Subic port

Subic Bay rediscovers

strength in unity S

By Henry Empeño

UBIC BAY FREEPORT— #OneSBMA and #StrongerTogether may just be hashtags used by employees of the Subic Bay Metropolitan Authority (SBMA) on social networking and microblogging sites, but they are considered powerful symbols of shared struggle, victory and hope among stakeholders in this bastion of investment and industry.

Diño

EO 340

The executive order issued by former President Gloria M. Arroyo in 2004 that separated the position and powers of the SBMA chairman from those of the administrator.

Escolango

The hashtags, after all, embodied the common aspiration among various sectors in the Subic Bay Freeport that recently worked together to unify the one post that affected them all: the position of the SBMA chairman and administrator. That post, now held by lawyer Wilma T. Eisma, who was first appointed SBMA administrator in December last year, presides over not only the length and breadth of the 67,452-hectare special economic zone, but also over more than 1,500 registered companies with $10 billion worth of investments and employing more than 115,000 workers.

ened to gnaw at the insides of the 25-year-old agency and reverse its accomplishments in the past several years as the country’s biggest and most progressive free port, it also endangered the business of local and foreign investors here and the livelihood of free-port workers. However, it also gave stakeholders of the Subic Bay Freeport a first-hand lesson in unity, and the importance of malasakit, or caring, for the common good, as a core value in economic enterprise.

SBMA Administrator Wilma T. Eisma: “We found strength in a common battle and rediscovered solidarity under a common purpose.” henry empeño

Eisma was appointed by President Duterte to the unified chairman-administrator position on September 26, following half a year of leadership dispute with then-chairman Martin Diño. The conflict not only threat-

Change of men

Those affected by the leadership conflict in SBMA point to Executive Order (EO) 340 as the root of

The Subic-Clark-Tarlac Expressway joins Central Luzon’s twin engines of economic growth.

Continued on A2

PHL still playing catch-up in food sufficiency

C

By Roderick L. Abad | Contributor

EBU—Providing food for every Juan’s table remains a challenge, as the Philippine agriculture industry is yet to achieve fully the national food sufficiency goal. “In our development as a nation, when we’re trying to get a good grasp of how our country’s agriculture sector may be affect-

ed by—or should respond to— emerging trends and challenges, we need not look far. Right in our own backyard, the issue of improv-

PESO exchange rates n US 51.3850

ing productivity, for one, continues to hound us—a compelling concern, if we may say, because of its ramifications ultimately impacting on our drive toward food security,” Agriculture Secretary Emmanuel F. Piñol said in a statement delivered by Director for the Office of the Undersecretary for Operations Leo P. Cañeda during the recent 60th anniversary celebration of Atlas Fertilizer Corp. (AFC). This, he added, is as compelling as addressing other issues, such as the well-being of stakeholders, especially the small

farmers and rural development. Agricultural issues, particularly soil management, has never been as difficult and demanding as it is today, according to the Department of Agriculture (DA) chief. He attributed this to the growing population, dwindling and nutrient-drained land resources, persistent pests and diseases, and more frequent and deadlier calamities due to climate change. Considering the various challenges that confront the agricultural sector at present, he calls for intensified research and develop-

ment efforts to develop productivity-enhancing and cost-efficient technologies. “We have been pushing for sustainable agriculture. Technologies should increase production, but should be safe for the farmer, the environment and the consumer. We have to ensure that farms remain productive now and for generations to come,” Piñol said.

More work to be done

ATTAINING the 100-percent foodsufficiency objective of both the national government and local

agriculture industry requires hard labor, Cañeda conceded. Taking a cue from the outcome of the Asean Agribusiness Summit that took place in Pasay City on October 4, he said there was a reiteration of the Philippine agriculture’s performance vis-à-vis that of its counterparts in Southeast Asia. “We have a lot of catching up to do,” Cañeda told the BusinessMirror on the sidelines of AFC’s founding celebration. “It’s a working progress for the Philippines. We hope to be able to get there Continued on A2

n japan 0.4577 n UK 68.1571 n HK 6.5814 n CHINA 7.7978 n singapore 38.0038 n australia 40.1779 n EU 60.7987 n SAUDI arabia 13.7023

Source: BSP (13 October 2017 )


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