Edge10 issue 243, March 11-12, 2018

Page 1

VOL. 10 ISSUE 243 • SUNDAY-MONDAY, MARCH 11-12, 2018

P 15.00 • 20 PAGES

www.edgedavao.net

EDGEDAVAO Serving a seamless society

SIGNATURE MEMENTO. A vendor sells souvenir items with image of President Rodrigo Duterte’s famous clenched fist near his house in Davao City on Saturday. Sellers of ‘Digong’ souvenir items are expected to earn much higher than regular days this coming Araw ng Davao as foreign and domestic tourists will visit the city to join the celebration. Lean Daval Jr

IMPORT FAST

NFA told to hasten rice importation By ARMANDO B. FENEQUITO, JR.

T

he Davao City Council has urged the National Food Authority to hasten its rice importation for a continued food security, rice prices and supply stability.

Councilor Marissa Abella, chair of the City Council Committee on Agriculture and Food, �iled a resolution on Friday’s city council’s session asking NFA Council Chair Leoncio Evasco Jr. for an immediate rice importation due to shortage of NFA rice in the market. “In its letter, NFA stated that it only has 14,222 bags of rice stored in its ware-

house and that in case of any in the absence of commercial rice, it is only good to last for only 1.62 days. But basing on their average daily sales, this could only last until March 15, 2018,” she said. Abella said that in the months starting from the third week of March until June 2018, NFA Davao City will have no more NFA rice

to distribute to its accredited outlets. “June is still three months away. We need more NFA rice sooner to ensure a buffer in case of calamity, to ensure that Filipinos can buy more affordable rice that suits within their budget and prevent or avoid the increase in commercial rice prices,” she said. She said this has caused panic to some Filipinos who misunderstood the fact that there is absolute rice shortage while in fact there is none because of the presence of commercial rice.

IMPORT,P10

Davao to host 51st ADB annual meet BY JUDIE VEGA

T

he Philippines is hosting this May for the upcoming 51st Annual Meeting of the Asian Development Bank that will highlight the importance of boosting economic growth in Mindanao, Finance Secretary Carlos Dominguez III said. Finance Secretary Carlos G. Dominguez III said

that the event is slated on May 3 to 6 in Manila and around 3,000 delegates from all over the world is expected to attend the Annual Meeting of the ADB, with the theme “Linking People and Economies for Inclusive Development.” “The theme for the ADB Annual Meeting was

DAVAO,P10

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