BusinessWeek Mindanao (April 20-21, 2022)

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BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 132 AS OF 6:00 PM APRIL 18, 2022 (MONDAY)

US$1 = P52.1

PHISIX

X

6,895.36

X Briefly

0.50

92.93

cents

points

RELIABLE

No extension for OFW voting THE Commission on Elections (Comelec) thumbed down the idea of extending overseas voting (OV) as it will go against the Constitution. Commissioner Marlon Casquejo said extending the voting period for Filipinos overseas is not possible since the law allows it to be held only until the actual election day in the Philippines. There are 1,697,090 registered Filipino voters overseas. “The extension is not happening because we only have until May 9, Philippine time. We cannot extend beyond May. That would be a violation of the Constitution,” he said during the vote counting machine (VCM) demonstration at a mall in Pasay City on Monday.

IN-DEPTH

MinDA: No outages during election day www.businessweekmindanao.com

Market Indicators FOREX

YOUR MINDANAO-WIDE BUSINESS PAPER

Wed-Thu|April 20-21, 2022

P15.00

By ANTONIO L. COLINA IV, MindaNews

T

H E d e m a n d fo r power in Mindanao has been predicted to increase to 2,233 megawatts on May 9, election day, but the island has more than enough supply to prevent systemic brownouts, an official of the Mindanao Development Authority (MinDA) said.

No classes from May 2-13 THE Department of Education (DepEd) announced on Monday classes will be suspended in all public schools nationwide from May 2 to 13. In a statement, the department said classes in all levels will be temporarily halted for two weeks to give way for the teachers’ electoral functions for the upcoming 2022 national polls, in adherence to DepEd Order No. 29. “Walang pasok ang mga mag-aaral mula Kinder hanggang Grade 12 sa lahat ng mga pampublikong paaralan sa bansa. Inilaan ang mga nasabing araw upang magampanan ng mga guro at kawani ng DepEd ang kanilang election-related duties (Classes of Learners from Kinder to Grade 12 will be suspended in all levels of public schools in the country. The said dates will be allotted for the electionrelated duties of teachers and DepEd staff),” the stateme

Agaton's wrath THE Department of Agriculture (DA) reported on Monday increased damage and losses to the agricultural sector amounting to P725.2 million in the aftermath of Tropical Storm Agaton's onslaught. The latest bulletin showed it has affected 19,424 farmers thus far, particularly in Western and Eastern Visayas, Zamboanga Peninsula, Soccsksargen, and Caraga, with 17,925 hectares of agricultural lands damaged. This equates to 41,580 metric tons of total volume loss, with rice production worst hit, reaching 92.68 percent or 40,122 metric tons of loss, amounting to PP672.2 million

NO BROWN-OUT. A scene during a brownout in Malaybalay City in 2014. mindanews file photo by h. marcos c. mordeno

MinDA public relations head Ad r i a n Ta m ay o s a i d d u r i n g “Wednesdays Habi at Kape ” that power plants in Mindanao are expected to generate around 3,000 MW while the excess in supply is predicted at 767 MW on election day. He said the excess rules out the possibility of island-wide brownouts that could affect several areas, except for some isolated cases brought about OUTAGES/PAGE 11

Marawi compensation bill: lapsed into law? By CAROLYN O. ARGUILLAS, MindaNews

DAVAO City -- The bill providing tax-free monetary compensation for loss of properties and loss of lives due to the Marawi Siege five years ago has likely lapsed into law as there has been no announcement from Malacañang that President Rodrigo Duterte has signed or vetoed it.

According to the legislative process of Congress, “a bill may become a law, even without the President’s signature, if the President does not sign it within 30 days from receipt in his office.” The enrolled bill was transmitted to the Office of the President on March 15, LAPSED/PAGE 11

KA LEODY WITH T'BOLI. Presidential candidate Leodegario “Ka Leody” de Guzman (right, in red) and his running mate Walden Bello (to his right) join T’boli leaders for a lunch-meeting at the Tribal Hall in T’boli, South Cotabato on Easter Sunday, April 17. contributed photo

Gov’t agencies to craft a disaster preparedness plan for Mindanao By ANTONIO L. COLINA IV, MindaNews

DAVAO CIlity — Various government agencies will join forces in crafting a Mindanao Disaster Preparedness Plan that will provide an islandwide outlook for coordinated “planning, preparation, mitigation, recovery and

r e h a b i l i t at i o n e f f o r t s” during calamities among local government units, an official of the Mindanao Development Authority (MinDA) said. MinDA public relations head Adrian Tamayo said on

Sunday that it is important to come out with a single plan since a disaster affecting one area will likely have an impact on other local governments in terms of public safety, economic recover y, and overall growth. He said the plan is a joint PLAN/PAGE 11

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