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Volume XI, No. 136
AS OF 6:00 PM APR. 30, 2021 (FRIDAY)
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Indemnity for hog raisers THE Department of Agriculture (DA) 10 (Northern Mindanao) on Thursday distributed more than P14.6 million of indemnity payments to at least 575 hog raisers in Iligan City who were affected by the African swine fever (ASF) last year. Angie Cabig, DA-10 information officer, said the hog raisers were paid P5,000 per hog. "The local government unit also gave additional cash (aid) as their counterpart," Cabig said, referring to the P2,000-per-hog payment received by hog raisers.
Oro port revival THE Bureau of Customs in Northern Mindanao (BOC-10) said Wednesday it plans to restore the previous status of the port here as an international containerized shipment facility. The port in Barangay Macabalan ceased to receive international cargoes 15 years ago when the facilitation of imported shipment was transferred to the Mindanao Container Terminal sub-port in Tagoloan town, Misamis Oriental. BOC-10 pointed out that the Macabalan port was “once a haven of international cargo and heavily contributed to trade facilitation and revenue generation”.
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Covid pummels Normin's economy, but trade high Thank you for trusting us!
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HE regional economy of Northern Mindanao contracted by 5.2 percent in 2020 in terms of its Gross Regional Domestic Product (GRDP) compared to the previous year, reflecting the fallout caused by the coronavirus disease (Covid-10) pandemic, according to the report by the National Economic Development Authority in Region 10 (Neda-10) on Thursday.
This is despite the region's P52.11 billion domestic trade surplus as reported recently by the Philippine Statistics Authority (PSA). Nationwide, Northern Mindanao was the top source
COLD STORAGE. Workers arrange boxes of Sinovac’s CoronaVac vaccine in the cold storage facility at the Department of Health Region 10 office in Cagayan de Oro City on Labor day, Saturday, May 1. The DOH regional office received 60,000 doses of vaccine, the largest shipment for Northern Mindanao region’s five provinces and nine cities. mindanews photo by froilan gallardo
P8K/month wage subsidy pushed THE Inter-Agency Task Force on the National Employment Recovery Strategy (NERS) is working on the rollout of the proposed wage subsidy for private-sector workers, Department of Trade and Industry (DTI) Secretary R am on L op e z s ai d on Saturday. During the NERS Job Summit on L abor Day, Lopez said the proposed wage subsidy to privatesector workers supports
the recommendation of the business and labor sectors for a wage subsidy program to preserve and protect existing jobs. “The proposed program shall provide a subsidy equivalent to P8,000 per month or a maximum of three months to affected workers through the establishments’ payroll system,” he said. Lopez, also the NERS chair, said the government will pour in P24 billion for
the proposed wage subsidy program and will benefit one million workers in the private sector. SUBSIDY/PAGE 7
of commodities in 2020, with outflows amounting to P111.64 billion, data from PSA has indicated. During the Philippine Statistics Authority-Region TRADE/PAGE 7
Davao Region's GRDP shrinks by 7.6% in 2020 By ANTONIO L. COLINA IV, MindaNews
DAVAO City– Davao Region’s gross regional domestic product contracted by 7.6 percent in 2020 from a positive growth rate of 7 percent in 2019 owing to the impact of the coronavirus disease (COVID-19) pandemic, according to Philippine
Statistics Authority-Davao director Ruben Abaro Jr. During the virtual news conference on the 2020 economic performance; of the region on Thursday, Abaro said the region’s economy was estimated at P832.1 SHRINKS/PAGE 7
PASSIG ISLET. From a sandbar, local residents turned it into an 800 square-meter islet by erecting perimeter buffer made of used truck tires, filled with concrete cement in the hollow. It is now known as Passig Islet Aqua Eco-park located in barangay Bato, municipality of Sta. Cruz in Davao del Sur. Because of the pandemic, only 650 individuals are allowed at any given time. Pre-pandemic, the islet could accommodate at least a thousand visitors. Transport costs 160 pesos per pumpboat. Entrance fee is 25 pesos. Cottage rental is 100 pesos for three hours. mindanews photos by jules benitez
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