BusinessWeek Mindanao (April 9-10, 2021)

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BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 126

AS OF 6:00 PM APR. 8, 2021 (THURSDAY)

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Stable supply THE government is committed to stabilizing prices by augmenting the food supply and ensuring that the supply chains of goods, especially food, will be unhampered during the enhanced community quarantine (ECQ) period, the National Economic and Development Authority (NEDA) said. The Philippine S t at i s t i c s Au t h o r i t y reported Tuesday that the country’s headline inflation rate fell to 4.5 percent in March 2021 from 4.7 percent in the previous month. This is the first easing of the inflation rate since September 2020. The slower inflation in March 2021 was mainly driven by the decrease in the price indices for major food items.

Rido COTABATO City – A state of calamity has been declared in the entire town of Talitay, Maguindanao, due to armed hostilities triggered by a family feud (rido). Talitay Mayor Montasir Sabal approved Tuesday a resolution allowing the local government unit to use its quick response fund to provide relief assistance to displaced families. The Municipal Disaster Risk Reduction and Management Office has placed the internally displaced persons (IDPs) to about 700 families or 3,500 individuals.

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Veggie prices drop 50%, non-agri goods stable P Thank you for trusting us!

RICES of vegetables have dropped significantly while prices of nonagricultural products remain stable, chiefs of the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) said.

“Our (vegetable) prices are significantly lower at an average of 50 percent, much lower compared to February,” DA Secretary William Dar said in an online press briefing Wednesday. Dar said since it is already in season, the supply of vegetables is abundant and prices are low. For non-agricultural products, DTI Secretary Ramon Lopez said there have been no price increases for basic necessities and

commodities since September 2019. “But notably, we are studying some requests given the increasing cost in the world market of their cost items,” Lopez said in the same briefing. Both officials vowed to monitor the movement of prices and supply of food products in the domestic m ar ke t to e nsu re t h at Filipinos would not be burdened with higher food PRICES/PAGE 7

SINOVAC FOR NORMIN. Workers load boxes of Sinovac COVID-19 vaccine to a waiting refrigerated van at the Laguindingan airport on Wednesday, 7 April 2021. A Philippine Airlines plane ferry 24,000 doses of the vaccine for healthcare frontliners in Northern Mindanao. mindanews photo by froilan gallardo

24,000 Sinovac doses arrive for NorthMin’s frontliners By FROILAN GALLARDO, MindaNews

LAGUINDINGAN, Misamis Oriental – It took only 19 minutes to transfer the shipment of 24,000 doses of the Sinovac vaccine from the Philippine Airlines plane to a

refrigerated van waiting at the tarmac of the Laguindingan Airport. All under the watchful eyes of armed police officers who later escorted the van

and other vehicles to the D e p ar t m e nt of He a lt h regional office in Barangay Carmen, Cagayan de Oro City, 33 kilometers away. The vaccines, said health officials, are intended for the medical frontliners of SINOVAC/PAGE 7

LINE CLEARING. A worker earns 600 pesos by cutting this tree in a subdivision in Malaybalay City. mindanews photo by h . marcos c . mordeno

KORONADAL City — The Sangguniang Bayan (SB) of Tampakan in South Cotabato has passed a resolution seeking the lifting of the provincial ban on open-pit mining, which has been blamed for allegedly hampering for a decade now the development of the Tampakan project, Southeast Asia’s largest known undeveloped copper

and gold minefield. Vice Mayor John Mark Baldon, presiding officer of the SB or the municipal council, said the body is urging the Sangguniang Pan l a l aw i g an of S out h C ot ab ato to re v isit its Environment Code, passed in 2010, particularly Section 22 which provides that “open-pit mining shall not be allowed

Tampakan seeks lifting of ban on open-pit mining

in the Province of South Cotabato.” “The ordinance is now ripe for review (due to) the fact that it is now in (sic) its 10th year since its passage,” he said. June 9, 2021 will be the 11th year since the Code’s passage. The municipal board approved Resolution No. 589 LIFTING/PAGE 7

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