BusinessWeek Mindanao (July 1-2, 2015)

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BusinessWeek MINDANAO

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Volume VI, No. 002

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National budget ECONOMIC managers are set to present to President Benigno Aquino III the proposed P3.005 trillion 2016 national budget Monday next week. In a briefing Tuesday, Budget and Management Secretary Florencio Abad said they will present the proposed budget before members of the Cabinet on Wednesday while it will be submitted by the President before Congress on July 28, a day after his State of the Nation Address (SONA). The proposed national budget is 15.1 percent higher than the Php 2.606 trillion national budget for this year and will account to about 19.5 percent of gross domestic product (GDP). Abad said debt service for next year would be about 14 percent of the national budget at about Php419 billion, bulk or 85 percent of which would be accounted for by domestic borrowings while the balance of 15 percent would be foreign borrowings.

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141ST IN WORLD RANKING:

PH least peaceful in Asean: Global index

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By BONG D. FABE, Contributing Editor

HE Philippines has dropped seven notches in the global peace ranking to 141 out of 162 countries, the Institute for Economic and Peace said in its 2015 Global Peace Index report released last week. Topping the list as the most peaceful country in the world is Iceland with an overall GPI Score of 1.148.

The Philippines was ranked 134th with a total GPI Score of 2.456 in 2014. In 2013, the Philippines was

ranked 129th. This year, the country got a total GPI Score of 2.462. least/PAGE 11

ETV Project enhances pupils’ desire to study By BONG D. FABE, Contributing Editor

KIRAHON, Villanueva, Misamis Oriental -- Improvement in comprehension, attentiveness and responsiveness. These are just three of

the visible manifestations of pupils’ desire to study that teachers have observed from their pupils following the introduction last December etv/PAGE 11

Tribal leaders TRIBAL leaders in Misamis Oriental called on members of the Indigenous People (IP) to return to the tribal community and abandon the armed struggle. Capt. Patrick Martinez, spokesperson of the army’s Fourth Infantry Division, said on Tuesday that the tribal leaders made the call during the formal launching of the “Peace Caravan” in Balingasag, Misamis Oriental last week. Martinez said that Datu Bruno Lindahay, the tribal chieftain of the village of Kibanban, called on members of the Higaonon tribes who joined the communist New People’s Army (NPA) to return to the tribal community in order to live a peaceful life.

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ETV PROJECT. A pupil, like her classmates, is all attention to the lessons shown on television during the ETV Project class at the Kirahon Elementary School in Barangay San Martin, Villanueva, Misamis Oriental. photo by bong d . fabe

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FLOOD. A Maguindanao woman braves the flood in Sultan sa Barongis town in Maguindanao last Friday while a man, perched by the window of a nipa hut, could only scratch his head. Elsewhere in the town, flood water rose to as high as neck level, prompting officials to declare Sultan sa Barongis under a state of calamity. mindanews photo by ferdinandh cabrera

Region 10 No. 1 in illegal ‘swertres’ By MARK FRANCISCO, Staff Writer

NORTHERN Mindanao is number one in illegal “swertres” number game and the local law enforcers appeared to be helpless in containing it, an official of the Philippine Charity Sweepstakes Office (PCSO) said Monday. “ S w e r t r e s ,” i s a combination of the vernacular “swerte” and “tres,” which me ans luck and t hre e.

“Swertres” means “lucky three,” a combination of three numbers that the PCSO draws

thrice daily – morning, noon, and at night. Raul Regondola, PCSO regional manager, said that it is appalling that the “illegal swertres” operators are now also using computerized betting and the bettors are even beneficiaries of the PCSO financial assistance. He said that the local law enforcers could not raid the illegal “swertres” (the number is sold in illegal PCSO outlets) in the absence of a warrant. Regondola said that the PCSO regional office could not close the illegal PCSO that caters to the illegal “swertres” outlets because the PCSO has no police power. “Running after the illegal swertres outlets is supposed to be the job of the police, but my appeals are falling on swertres/PAGE 11

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