BusinessWeek Mindanao (July 26-27, 2021)

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BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 20

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Briefly Rise in power rates THE PHILIPPINE Rural Electric Cooperatives Association, Inc. (Philreca) said that electricity rates rose in June due to supply issues and not the failure of electric cooperatives (ECs) to procure power through competitive bidding. “The sudden spike in electricity prices last month is not because there is a failure for ECs to conduct CSPs (competitive selection processes). This is more of a supply concern… We only conduct CSPs and enter to power supply agreements depending on our long-term projected needs — and not more than that,” Philreca told BusinessWorld in an e-mail last week. “We cannot just purchase or enter into contracts that will result to more than what we need so as to avoid purchasing from the market because this would result in higher prices for electricity,” it added.

Shift to RE DEPARTMENT of Energy (DOE) Secretary Alfonso Cusi said the agency has been pursuing policies for the country to transition to renewable energy as a source of power during the Duterte administration During the pre-SONA (State of the Nation Address) forum on Climate Change Adaptation Mitigation and Disaster Risk Reduction Cluster Thursday, Cusi said the country adheres to its commitment to the Paris Agreement on climate change by reducing carbon emission through pursuing renewable energy projects. The DOE awarded 407 contracts related to renewable energy projects from 2016 to 2020.

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Entrep program eyed for Bangsamoro youth www.businessweekmindanao.com

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HE DEPARTMENT o f Tr a d e a n d Industry (DTI) said Monday that it launched a youth entrepreneurship training program in the Bangsamoro Autonomous Region in Muslim Mindanao.

Trade Secretary Ramon M. Lopez at the virtual launch said the program will offer training for business pitching, self-employment, and trade fair participation. “The program will encourage and embolden the participation of MSME (micro-, small-, and medium-sized enterprise) enablers in supporting youth entrepreneurship development and promotion in the region,” he said. The national Youth Entrepreneurship Program (YEP) targets entrepreneurs aged 18 to 30 from youth organizations and indigenous groups. The program EXIT PASS. A police officer checks on the barangay exit pass of a jeepney passenger in Cagayan de is also for people with disabilities, Oro City on Wednesday as authorities tighten quarantine measures in the face of the threat posed by students, and young people that are the Delta variant of COVID-19. mindanews photo by froilan gallardo PROGRAM/PAGE 7

Davao City LGU won’t ban travelers from Northern Mindanao DAVAO City– The City Government of Davao will not ban travelers coming from Northern Mindanao even after six cases of the highly transmissible Delta variant or B.1.617.2 were detected there, Mayor Sara Duterte said Monday. Instead of a travel ban, Duterte said over Davao City Disaster Radio (DCDR 87.5) that the local government would continue to enforce the existing protocols, including the “symptoms screening” at the border checkpoint. She said the city government would continue to implement the Regional Inter-Agency Task Force for the Management of Emerging Infectious Disease and the Regional Task Force Against COVID-19 (RIATF-RTF) on

the “Uniform Guidelines to Regulate Entry and Exit in Regional Borders of Region 11” issued last May 3. “We’re discussing travel from CDO (Cagayan de Oro) because, as I said, we don’t know who is asymptomatic because the COVID-19 virus is invisible to the naked eye and we also can’t determine what kind of variant (there could be),” she said. T h e D e p a r t m e nt of Health (DOH) confirmed the presence of five cases in Cagayan de Oro and one in Gingoog City, Misamis Oriental of locally transmitted Delta variant, considered a variant of concern and first detected in India. She said no additional instructions were provided TRAVELERS/PAGE 7

Floating houses in Agusan Marsh.

mindanews file photo

Residents build flood-resilient floating gardens in Agusan Marsh By CHRIS PANGANIBAN, MindaNews

TALACOGON, Agusan del Sur – It used to be just floating houses in Agusan Marsh. Now, residents of this wetland have built flood-resilient floating gardens to make themselves productive even in these times of the COVID-19

pandemic. Ma. Angelita Salome D. Acopiado, chief of Provincial Environment and Natural Resources Of f ice-L o cal Government Unit (PENROLGU), said the floating gardens were patterned after

those in the flood-prone water bodies in Odisha, India. Two such gardens planted with vegetables were initially built last month on the 10-hectare Lake Kaebatasan in Barangay Sabang Gibong. The barangay asked for support for the floating FLOATING/PAGE 7

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