Skip to main content

Mindanao Daily Business (October 7, 2014)

Page 1

Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Bringing Good News of Mindanao

your one-stop

print engineer!

twinbee print ads

Printing

(088) 880 0140 09167442406 l 09069189896 09173057798

www.twinbeeprintadscorp.com

Private sector investments in infrastructure pushed Tuesday

Editor : Cheng Ordoñez

Volume III, No. 113

story on Page B1 12 October 7,See 2014

T

he government is urging more private-sector investments especially in transport infrastructure crucial for sustaining the country’s robust economic growth.

BIR issues provisional importer, broker certificates A second batch of 1,123 importers and customs brokers has been recommended by the Bureau of Internal Revenue (BIR) for issuance of clearance certificates. In its latest advisory, BIR said that as of September 23, it has recommended that 878 importers be issued Importer’s Clearance Certificates (ICCs) and 245 customs brokers be given Broker’s Clearance Certificate (BCCs). The certificates have varied dates of effectivity but all are valid for only six months. This means that these are provisional certificates as opposed to the regular certificates valid for three years. For a full copy of the list, please go to www.scribd. com/doc/241076530/Provisional-ICCs-BCCs-SecondBatch. As prescribed under Department of Finance Department Order No. 122014, the ICC and BCC clear importers and customs brokers to proceed with the second phase of accreditation with the Bureau of Customs (BOC). In its first advisory, BIR said 1,353 importers and 171 customs brokers were See broker, page B2

Sen. Villar at the opening rites of AFFI “2014 Pilipino Franchise Show - Senator Cynthia A.Villar,(3rd right) chair of the Senate Committee on Agriculture and Food, receives Plaque of Appreciation from AFFI president Victor M. Fernando,(center)on Friday (October 3,2014)at World Trade Center, Pasay City during the opening ceremony of AFFI “2014 Pilipino Franchise Show”. Also in photo are Mr.Armando O.Bartolome, Chairman of the Board, AFFI (2nd right)AFFI Chief Finance Officer Josephine C. See,(2nd left)and other AFFI officials. (PNA photo by Gil S.Calinga)CTB

Subic port fees slashed by more than 80% starting Oct Starting October 1, the Subic Bay Metropolitan Authority (SBMA) will drastically reduce port and berthing dues at Subic ports in a bid to attract more users to this facility north of Metro Manila. Port fees at Subic’s New Container Terminals (NCT)

1 and 2 will be reduced to $0.008 per gross revenue tonnage, lower by 83% from the present $0.046 per GRT, while berthing fees will be cut to $0.004 per GRT per day, an 88% decrease from $0.0345 per GRT per day. However, SBMA chairman Roberto Garcia, in a

Socio-economic Planning Secretary Arsenio Balisacan said that continued investment in infrastructure is imperative to keep up the economy’s high-growth trajectory and unleash the potentials of many areas throughout the country. “Thus, investors are encouraged to participate in the construction and implementation of various programs and projects that have been identified in a number of infrastructurerelated roadmaps and master plans approved by the government,” he said during the Philippine economic briefing. For transport infrastructure, Balisacan said See sector, page B3

press briefing, said the new rates will be increased after six months to $0.041 for harbor fees and $0.02 for berthing fees, still lower than the regular rates. With the reduced rates, Garcia said SBMA expects to lose $10 million to $15 See subic, page B3

BOC releases rules on lifting of cargo abandonment order The Philippine Bureau of Customs (BOC) has issued guidelines for cargo owners seeking to lift the abandonment status on their shipments. Under Customs Memorandum Order No. 18-2014 signed September 25 and which takes effect on October 13, an Order for Abandonment is issued after the BOC collector or deputy collector of the port of sub-port initiates and concludes abandonment proceedings against a shipment under these two situations:

One, when after due notice, an owner, importer, consignee, or interested party fails to file an entry within the non-extendible period of 30 days from date of discharge of the last package from the vessel or aircraft. Two, when after filing such entry, the claimant fails to claim his importation within 15 days-unless the reason for the failure is an alert order written or recorded in BOC’s electronic-to-mobile (e2m) system

and issued by an authorized BOC official. The order, however, applies only to a request for lifting of abandonment that still has no final written decision issued by any BOC district collector or law division. Under CMO No. 18-2014, only the Customs commissioner is authorized to defer or delay abandonment proceedings, or lift an abandonment order. See cargo, page B3

Ayala congratulates successful bidding of LRT-1 Cavite Extension project - Ayala Cor-

poration President and COO Fernando Zobel de Ayala on Thursday (Oct 2, 2014) congratulates the Light Rail Manila Corporation (LRMC), the Department of Transportation and Communications (DOTC) and the Public and Private Partnership (PPP) for the successful bidding of Php65-billion Light Rail Transit Line 1 Cavite Extension and Operations and Maintenance Project at the EDSA Shangri-La Hotel in Mandaluyong City. (PNA photo by Azer N. Parrocha) FPV

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: e-mail: mindanaodaily.ads@gmail.com Contact: 0917-7121424, 0947-8935776


B2 Mindanao Daily NEWS business . economy . corporate . banking Your Mindanao-wide Community Newspaper

Economy

HOLIDAY - Government declared a regular holiday for Eid al-Adha (Feast of Sacrifice), Monday. As Muslims celebrate the feast worldwide, life in Bankerohan public market goes on for some Davaoenos (Medel V. Hernani/davaotoday.com).

Davao del Norte set Coop Month in Oct

By MICHAEL L UY of PIA-11

DAVAO del Norte - The Provincial Cooperative Development Council (PCDC) of Davao del Norte laid down the activities for the Cooperative Month Celebration on October. Engr. Humber Cabunoc, PCDCP secretary, disclosed in an interview that the activities for the provincial celebration of the Cooperative Month are anchored on the local theme, “Collaborate and

Innovate Cooperatively.” “For this year, the PCDC deemed to craft a local theme instead of carrying the national cooperative month theme of ‘CO-OPS 2020: Raising the bar,’” Cabunoc said. He said that PCD C chose to have a local theme to attune the celebration with the local flavours and concerns. Engr. Cabunoc said that as a prelude to the activities, a Coop Fun Run kick off in Panabo City on October 4, in partnership

with their City Cooperative Development Council. Cabunoc also revealed that opening salvo on October 12 at the Panabo Gym will be highlighted by the presence of Sen. Cynthia Villar, the guest speaker for the celebration. He also said that conferences will be organized separately in the two districts of the province to answer their trending concerns such as the ASEAN Integration, banana diseases and alternative dispute resolutions. He said that the conference will be held in Tagum City for cooperatives in the District 1 and Sto. Tomas for District 2 cooperatives on October 14 and 24 respectively.

“Each district will also have a tree growing activity,” Cabunoc said. The tree going activity is scheduled in New Corella for District 1 on October 24, while District 2 will have its mangrove planting on October 22 in Panabo City. He said that in coordination with the Tagum City Cooperative Development Council, an advocacy run will be conducted covering the major thoroughfares of the city on October 25. For culminating the Cooperative Month celebration, Cabunoc said that the PCDC gave the local government unit an opportunity to have its own celebration in their respective areas.

LOT FOR SALE 996 SQ.M. BALOY, TABLON CAGAYAN DE ORO CITY BESIDE GAMA FARMS CALL CHARLIE 0917-889-9935

MDN: OCT. 2, 3, 6, 7, 8, 9 & 10, 2014

tuesday, october 7, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

PSA 10 prepares for 25th National Statistics Month CAGAYAN de Oro City The Philippine Statistics Authority in region 10 (PSA 10), through the Regional Statistical Coordination Committee (RSCC), gears up for the 25th National Statistics Month celebration this October. The month-long celebration will be anchored on the theme: ““NSM at 25 and Beyond: Solid and Responsive Philippine Statistical System in Support of Globalization and Regional Economic Integration” which reflects the vision for a solid and responsive Philippine Statistical System that provides appropriate information to policy and decision makers and various stakeholders who aim for better lives for the Filipino people. RSCC has approved the common regional activities for the whole month of October. These activities included Regional Opening Ceremony at Limketkai Activity Center on October 1, Statistical Symposium, Basic Statistics Training, Talakayan sa PIA, GRDP Discussion Forum and Tree Growing Activity. Several contests will also be conducted by the RSCC such as Inter-school Poster Making Contest for High School Students, Search

Broker... from B1

granted regular ICCs and BCCs that were valid until 2017. It also identified 2,010 importers and 40 customs brokers that received provisional ICCs and BCCs valid until either December 2014 or the first quarter of 2015. For a list of the first batch of taxpayers granted certificates, go to www.scribd.com/ doc/240020104/Taxpayerswith-ICC-BCC-accreditedat-the-BIR. As of September 23, about

for the Best Statistical Exhibit, Inter-Agency Coin Recirculation Contest and the Inter-Agency Statistical Quiz Show. Winners of the contests will be awarded during the Regional Closing Ceremony on October 30 at Centrio Ayala Mall Activity Center. Meanwhile, various regional and provincial line agencies, local government units and academic institutions are also preparing their NSM calendar of activities. PSA 10 consolidates the NSM calendars for dissemination on October. NSM activities to be conducted by the different offices could be in the form of hanging of NSM streamers, statistical exhibit, statistical forum, trainings and other advocacy activities like radio and TV interviews and dissemination of statistical reports and publications. The NSM Celebration is an annual event which aims to promote, enhance and instill nationwide awareness and appreciation of the importance and value of statistics to the various sectors of the society and to elicit cooperation and support of the public in upgrading the quality and standards of statistics in the country. (PSA 10/PIA 10)

17.7%, or 2,647 importers and customs brokers from the 14,995 registered with BOC as of February 2014, have either secured a regular or provisional clearance, or received a recommendation for clearance. The countr y’s largest revenue-generating agency reminded applicants for issuance of ICC and BCC, as well as those with provisional ICCs and BCCs, to verify their compliance with prescribed criteria under Revenue Memorandum Order No. 10-2014, as amended, to ensure a regular ICC or BCC is released to them before their provisional accreditation expires. “They are advised to complete the verification of their compliance at least 30 days prior to the end of the validity period of their respective provisional clearance as importer or broker,” BIR added. (www.portcalls.com)

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on August 2014: AUCTION DATE: October 21, 2014 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon


tuesday | october 7, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Banking

Mindanao Daily B3 NEWS business . economy . corporate . banking Your Mindanao-wide Community Newspaper

Agri, affiliate-agencies’ PIOs undergo journalism seminar By Irene Dayo

T

he Peninsula Media Network (PMN) and Manila Bulletin – Cagayan de Oro Branch, in coordination with the Office of the Regional Information Office of the Department of Agriculture in Region 10 (DA-10), conducted a journalism seminar-workshop for public information officers and information officers of DA-10 and its affiliate agencies , last September 27, at the Deluxe Hotel, here in Cagayan de

Sector.... from B1

priorities include the implementation of the transport infrastructure development roadmap for Metro Manila and its surrounding areas, the logistics infrastructure roadmap for Mindanao, and the convergence plan between the Department of Public Works and Highways (DPWH) and the Department of Tourism (DOT). He said other approved infrastructure master plans are flood management master plan for Metro Manila and surrounding areas and the E-Government Master Plan. Balisacan, also the National Economic and Development Authority (NEDA) Director General, stressed that several programs and projects in these roadmaps and master plans have no identified financing yet. He noted that the investment requirements for infrastructure development remain huge despite increased public infrastructure spending. Balisacan said the government aims to increase public infrastructure spending from 2.2 percent of gross domestic product (GDP) in 2012 to at least 5.0 percent by 2016. For 2013-2016, he said

Oro City. Dubbed as “Advanced Newswriting, Photojournalism and Layouting for PIOs and IOs of Line Agencies in Northern Mindanao,” PMN and Manila Bulletin-CDO conducted the training to give not just a refresher course for public information officers and information officers of attached agencies of the Department of Agriculture-10, such as the Bureau of Fishery and Aquatic Resourcres, Provincial Agricuture Of-

fice, Philippine Coconut Authority, National Irrigation Administration, Fiber Industry Development Authority, National Agricultural Food Council and National Dairy Council, among others. After the Department of Agriculture Cluster training, 22 other clusters will also be given the same FREE seminar-workshop by the PMN and Manila Bulletin. Manila Bulletin Correspondent Cheng Ordoñez and Peninsula Media Network Training Director

Queenie Joy T. Faelnar were the resource persons of the seminar-workshop. Mr. Santos Losbanes, assistant manager for Manila Bulletin-CDO, which co-sponsored the seminarworkshop, talked about sales and marketing aspects of newspapering. Among the topics that were tackled during the one-day seminar were advanced newswriting, how to get better results on photo placements, newsletter layouting, analysis of expenditures and proofreading.

Ms. Mary Grace Sta. Elena, PIO of DA-10, said the seminar-workshop is a big help to the participants especially to those new in their positions as IOs. “It gave them more ideas and helped them be refreshed with rules and techniques in the fields discussed,” Sta. Elena said. Sponsors of the seminar-workshop series are Alsons Power Group, Ayala Group of Companies and Smart Communications. Prior to the Journalism seminar, DA and its line

the priority programs and projects for the infrastructure sector consist of 952 projects with total investment requirements amounting to about USD 46.69 billion (P2.06 trillion), including capital infrastructure projects, both ongoing and proposed. Balisacan added infrastructure development thus needs to be supplemented by private sector investments through Public-Private Partnerships (PPPs). “As we accelerate infrastructure development, the government shall continue implementing strategies to improve the country’s business climate and encourage private sector participation through good governance, vital infrastructure support, and policy reforms to facilitate doing business in the country,” he added. (www.portcalls.com)

To further attract shippers and shipping lines to Subic, Garcia said the Freeport authority is in talks with shipping lines, locators, and port users on simplifying accreditation processes for port-related services and integrating systems for real-time monitoring and management of container inventory. SBMA is also planning to build a P2.1-billion bypass road to accommodate growing container traffic, as well as a one-stop shop to facilitate release of shipments and minimize corruption. Earlier, in August, a 90% reduction in port and berthing dues at Batangas port was approved by President Benigno Aquino III. Port fees were slashed from $0.081 per GRT per day to $0.008 per GRT per day, while dockage-at-berth went down from $0.039 per GRT per day to $0.004 per GRT per day.

The new rates at Batangas, however, will apply for six months only. For the succeeding six months, rates will be reduced to 50% for both. This means port fees of $0.081 per GRT per day will rise to $0.040 per GRT per day, and berthing dues of $0.039 per GRT per day will increase to $0.020 per GRT per day. Both Subic and Batangas ports, under Executive Order No. 172 signed September 13 by President Aquino were designated extensions of the Port of Manila (both Manila International Container Terminal and South Harbor) during times of port congestion and emergency. Under the order, foreign vessels with cargoes destined for the Port of Manila may be directed to berth at either Batangas or Subic port and it will be considered as berthing at the Manila ports. Garcia said SBMA expects Subic port to handle

as many as 70,000 containers this year from 38,000 last year, as overstaying containers at the Manila ports are being moved to the Northern Luzon hub for temporary storage. Container traffic for the first eight months of 2014 at Subic’s NCT 1 surged 54.58% to 34,746.25 twentyfoot equivalent units from 22,437.75 TEUs in the same period last year. In August alone, NCT 1 posted the highest monthly traffic in 2014 of 8,770.25 TEUs, a 243.7% hike from 2,551.75 TEUs in August 2013. Subic’s NCT 1 and 2 have a combined annual capacity of 600,000 TEUs. - (www. portcalls.com)

Subic... from B1

million in uncollected harbor and berthing fees during the duration of the program. “But we hope to recoup the losses in the long run, as we’re also doing this to encourage new lines to come over, as well as to show our appreciation to existing shipping lines that have stuck with Subic in all its lean years,” he added.

agencies held their third quarter meeting, where important topics regarding agricultural programs were discussed. The free training for PIOs and IOs is Manila Bulletin’s Social Reponsibility Program (SRP) being done in Northern Mindanao through the Peninsula Media Network. Interested line agencies and academes may register for scheduling of the free training with Mr. Ordonez by emailing cheng. ordonez@gmail.com.

proceedings within BOC’s law division or legal services division or in any court, and auction of such goods, will still proceed “without interruption” despite such requests. All requests for deferral or delay in abandonment proceedings or lifting of an abandonment order must be done in writing by the consignee and sent directly to the commissioner for approval. Copies must also be provided to the district collector or sub-port collector of the port of discharge. All BOC district collectors and sub-port collectors, on or before the memorandum’s effectivity, were directed to submit a list to the commissioner of requests to lift any abandonment status that have no final written decision yet from B1 from the district collector, Thus, unless there is a sub-port collector, or law written order from the BOC division of that district. commissioner, ongoing legal (www.portcalls.com)

Cargo....


B4 Mindanao Daily NEWS business . economy . corporate . banking

Agri-Business

Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 tuesday | october 7, 2014

DA 10 holds mosaic painting tilt Your Mindanao-wide Community Newspaper

J

OHNNY Ray Tagapulot, a 12-year-old sixth grader from Tagoloan Central School will represent Northern Mindanao (Region 10) in the forthcoming national on-the-spot mosaic making contest on October 10 in Quezon City after besting 22 other contenders during the 2014 World Food Day (WFD) regional on-the-spot mosaic making contest.

His superior creativity and his perceptive stance on the significance of the WFD celebration has pushed Johnny Ray Tagapulot (left) of Tagoloan Central School to be adjudged as this year’s champion of the 2014 mosaic making contest. Also joining him in the picture is second placer Reiner John Uba (middle) of West City Central School and third placer Jubert Tuya (right) of Tagoloan Central School; (second row) coaches Carlos Melgar (extreme left) of Tagoloan Central School and Helen Gaid (partly hidden, second from the right) of West City Central School; judges Shaun Alejandrae Uy (second from the left) and Michael Bacol (extreme right); and (1st row) Officer-in-Charge of the Applied Communications Unit of the Department of Agriculture – Regional Field Office 10 Mary Grace Sta. Elena (extreme left).

Tagapulot, who won the regional competition last September 26, received a cash prize amounting to P3,000. The second and third prizes went to Reiner John Uba and Jubert Tuya of West City Central School and TCS, respectively. Centering on the theme for this year’s WFD celebration: “Family Farming: Feeding the World, Caring for the Earth”, the participants have shown their ability and artistry in their mosaic pieces by using art medium of their choice (except oil and water color) and agricultural and fishery products such as palay grains, mongo, squash seeds, corn kernel, seashells and etc. According to Mary Grace Sta. Elena, regional information officer of Department of Agriculture 10, criteria for selecting the win-

ner include: originality (20 pewrcent), visual impact (20 percent), creative use of agri-fishery products (30 percent), and relevance to the theme (30 percent). At the national competition, Tagapulot will be joined by his coach Carlos Melgar as he vies to craft one of the five best mosaics out from the 17 regional student-participants. Cash prize amounting to P15,000, a trophy and a plaque await the winning participating schools. They shall also be provided with an all-expense paid educational tour. This will be awarded on October 16 during the WFD celebration. Yearly, the WFD is celebrated across the globe in commemoration of the founding of the Food and Agriculture Organization (FAO) of the United Nations (UN)in 1954. DA joins the celebration through the conduct of a mosaic contest to raise the level of awareness among children in promoting food security, especially in the vulnerable segments of the society. RAFID DA 10

All Photos By CHENG ORDOÑEZ, Business Editor


Turn static files into dynamic content formats.

Create a flipbook
Mindanao Daily Business (October 7, 2014) by Mindanao Daily News - Issuu