Businessmirror october 22, 2017

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MEDIA PARTNER OF THE YEAR

UNITED NATIONS

2015 ENVIRONMENTAL MEDIA AWARD LEADERSHIP AWARD 2008

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A broader look at today’s business

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Sunday, October 22, 2017 Vol. 13 No. 11

2016 EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR

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PHL TOURISM: LOOKING AT BRIGHTER SIDE

AERIAL view of Boracay, named one of the top 3 best islands in the world. LEN4FOTO | DREAMSTIME

A

By Roger Pe

RE you a tourism ambassador or heckler? Come join the growing number of citizens pushing the Philippine tourism bandwagon to the world. We are all in it together and when we really want something done, something happens—change.

The latest change we heard this week was a breath of fresh air. After almost six years of being named one of the “worst airports” in the world, the Ninoy Aquino International Airport (Naia) has finally lost its unpalatable tag. The influential travel website “Guide to Sleeping in Airports” released its latest survey and showed that our main gateway is no longer on the list of Top 20 worst airports in the world, and Top 5 worst in Asia.

As added bonus, four regional airports in the country again joined the top 25 best airports in Asia for 2017. These are the Iloilo International Airport, MactanCebu International Airport, Clark International Airport and Davao International Airport, a repeat of their fine record from 2012. Naia was named the world’s worst airport from 2011 to 2013. It landed 4th place in 2014 and though it was not included on the

Top 10 worst list in year 2015, it was ranked 8th worst airport in Asia and 5th in 2016. Transportation Secretary Arthur Tugade said the government should not be complacent, as there are still many things to be improved. Manila International Airport Authority (MIAA) General Manager Ed Monreal echoed his remarks, “This is only as good as the last race. The bigger challenge is to maintain or even sur-

pass our achievement.”

World’s best islands

ON top of that, Condé Nast, one of the world’s two most influential travel magazines (the other being Travel and Leisure) just named Boracay, Cebu and Palawan as the Top 3 best islands in the world, defeating even world-renowned playgrounds of the rich—Mallorca, Spain; Mykonos, Greece; Bermuda, Continued on A2

FARM-GATE PRICE OF CHICKEN ON THE REBOUND 2 MONTHS AFTER A.I. OUTBREAK

Bright Christmas for poultry growers

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By Jasper Emmanuel Y. Arcalas

OULTRY growers are starting to see a brighter Christmas, as farmgate price of chicken has started to normalize, more than two months after an avian influenza (AI) outbreak in Central Luzon. PESO EXCHANGE RATES n US 51.4630

Agriculture Secretary Emmanuel F. Piñol said he has received reports that farm-gate price of chicken, particularly for broiler, has sustained its growth in the previous months resulting in a brighter prospect of profitability for the sector this December. “I was told by the stakeholders that the prices are improving. However, I am not certain of the exact market price right now, but

I have received reports from stakeholders prices have gone up,” Piñol told reporters in a recent interview.

Market price

DATA obtained by the BusinessMirror from the Bureau of Animal Industry (BAI) showed that the average farm-gate price of broiler chicken, as of October 16, reached P92.07 per kilogram, a 65.89-percent increase from the

P55.50 per kilogram price level recorded a month ago. During the reference period, the BAI recorded the highest farmgate price of broiler chicken at P93 per kilogram, while the lowest was at P91 per kilogram. Increments in the dressweight price of chicken and day-old chicks (DOC) were also observed during the period. The average chicken dressweight price grew by a fifth or

by 20.34 percent to P116.33 per kilogram, from P96.67 per kilogram recorded price mark a month ago. BAI data showed that the farm-gate price of DOC has normalized back to P25 per piece, nearly 75 percent higher than the P14.33 per piece recorded a month ago. On a weekly basis, farm-gate price of broiler chicken and DOCs Continued on A2

n JAPAN 0.4574 n UK 67.7305 n HK 6.5976 n CHINA 7.7774 n SINGAPORE 37.9409 n AUSTRALIA 40.5477 n EU 61.0042 n SAUDI ARABIA 13.7227

Source: BSP (20 October 2017 )


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Businessmirror october 22, 2017 by BusinessMirror - Issuu