BusinessWeek MINDANAO
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YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 126
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Briefly Job fair LABOR and Employment Secretary Rosalinda Dimapilis-Baldoz announced that the 2016 Labor Day Celebration on 1 May will be highlighted by the conduct of modified Job Fairs in 44 sites across the country’s 17 regions. “The 2016 Labor Day celebration underscores the DOLE’s effort in developing the country’s top resource, our workers, and generating decent and productive jobs to secure a brighter future for the country,” Bladoz said. The 114th Labor Day celebration on May 1, 2016, is themed “Kinabukasan Sigurado sa Disenteng Trabaho.” Baldoz said the nationwide Labor Day Job Fairs will be modified by the DOLE through the conduct of a Career Fair, which is aimed at assisting the youth and students in their career decisions. The Career Fair will showcase key sectors and industries that would generate employment in the next seven to 10 years.
Peace process THE ongoing military operations against the Abu Sayyaf Group (ASG) in Basilan highlight the need to continue with the Bangsamoro peace process in order to curb activities of extremist and terrorist groups, Government of the Philippines chief peace negotiator Professor Miriam Coronel-Ferrer said in a national televised interview, April 14. “The event in Basilan indicates a very deep and complex problem that you cannot simply solve through military means,” Ferrer said. “It requires the kind of a much nuanced approach across the communities, across the tribes, and across the different armed groups.” Ferrer stressed that the project of putting in place sustainable peace and development should not be held hostage by the violent episodes.
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Wednesday | April 20, 2016
Establish foundation for inclusive growth NEXT PRESIDENT’S CHALLENGE:
T
By MARK D. FRANCISCO
O ACHIEVE inclusive growth, the country’s next President must address the burgeoning problem on unemployment and underemployment, inadequate infrastructure, the agriculture sector, persistent poverty and vulnerability to natural disasters, a former socio-economic chief said. In his presentation for the Philippine Chamber of Commerce and Industry (POOI) in Cagayan de Oro City last week, former socio-economic Secretary Romulo L. Neri said the Philippines can only experience inclusive growth if the new leader elected in May would be able to provide adequate opportunities and infrastructures
NERI
for the economy to take off. “To achieve inclusive growth, we must create a climate conducive to a high rate of productive investments through such interventions as improving regulatory and policy environment, optimizing social investments and assistance to small and medium enterprises,” Mr. Neri said.
“A passive, trickle-down approach will not work in a country where you have high rates of poverty and joblessness,” he added. M r. Ne r i s a i d t h at t h e government has always boasted itself of increasing gross international reserves, investment grade credit ratings, continuing low interest rates, sound cash position and revenue efforts, among others yet this has not translated to inclusive growth. “Poverty levels remain almost the same from 26.5 percent in 2006 to only 25.8 percent in 2014,” he said. With that, Mr. Neri said that the next President must make challenge/PAGE 11
El Nino-affected farmers In Northern Mindanao receive rice assistance By MARK D. FRANCISCO, Staff Writer
MORE than 11,000 farmers from Northern Mindanao and their families who have been affected by El Nino have already received rice from the Department of Social Welfare and Development. According to DSWD 10 operations chief Rosemarie P. Conde, the farmers came from ten cities and municipalities in the region. But here’s the catch – those who received the sacks of rice only came from local
government units which have declared themselves as in a state of calamity. This situation creates a problem for farmers in Cagayan de Oro where the mayor and the councilors are in a deadlock on which barangays the state of calamity should be declared. City social welfare and development officer Teddy Sabuga-a said that there were already 21 barangays in the assistance/PAGE 11
FISH FROM SAMAL. Porters at Bangkerohan public market in Davao City unload buckets of “moro-moro” from Samal Island at the dropping area in Pag-asa, Bangkerohan on April 18, 2016. Pag-asa serves as a dropping area for fish and vegetables from different regions in Mindanao. A big portion of the area was gutted by fire last April 15. MindaNews photo by Toto Lozano
P500m bulk water project breaks ground today in Opol
Lumayagan River.
OPOL, Mis Or -- A P500million private investment for the bulk water supply project of Opol, Miamis Oriental will groundbreak today at its site in Lumayagan River, Barangay Tingalan, Opol, Misamis Oriental. The groundbreaking ceremony will be led by project proponent AB Bulk Water Company Inc. headed by Dr. Walter Brown and
Robertino Pizarro, chairman and president, respectively. The project is said to be the flagship project of town mayor Max Seno. The bulk water project is expected to benefit some 25,000 residents of Opol and will be carried out under the Private-Public Partnership (PPP). The PPP is powered by Municipal Ordinance
No. 2014-15, passed and approved unanimously by Opol Municipal Council presided by Vice Mayor Thatsie Ortigosa on August 4, 2014. Late last year, AB Bulk Wat e r C o mp a ny, In c . , a subsidiary of A Brown Company, Inc has signed a memorandum of agreement ( MOA ) w it h t h e l o c a l water/PAGE 11
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