BusinessWeek Mindanao (November 18, 2013)

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MINDANAO DAILY NEWS SECOND SECTION

Monday - November 18, 2013

BusinessWeek MINDANAO

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As of 5:49 pm NOV. 15, 2013 (Friday)

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Briefly Freeze on prices ALL provincial of fices of the Department of Trade and Industry (DTI) Region 10 will be imposing a price freeze for the prices of basic goods as the country remains under a state of national calamity. According to DTI 10 Lawyer Fel Lester Brillantes, their legal basis is the Republic Act. No. 7581 otherwise known as the Price Act and the recent Presidential Proclamation No. 682 declaring a State of National Calamity due to the severe damages brought by Typhoon Yolanda. The price freeze aims to deter sellers from taking advantage of the situation by increasing the prices of their basic goods even if they were bought at a much lower price before the calamity. Brillantes said, “We also expect the Department of Agriculture (DA) to set the freezing of the prices of vegetables and agricultural products within this week.”

SMEs boosts Z AMBOANGA Cit y - - The Department of Trade and Industry (DTI), through a memorandum of agreement (MOA), is providing a boost to three micro-entrepreneur groups in Zamboanga del Norte province. The MOA stipulates the DTI will provide three shared service facility (SSF) projects worth P1.89 million to three beneficiary organizations in the municipalities of Jose Dalman and Sindangan, Zamboanga del Norte. The beneficiary-organizations are: Doña Josefa Seaweeds Farmers Association of Sindangan town; Poblacion United Seaweeds Planters Association of Jose Dalman; and, Sardines Savers Association also of Jose Dalman. DTI-Zamboanga del Norte Provincial Director Noel Bazan said two of the three projects involve the construction of concrete stilt dryers and storage houses for harvested seaweeds which are expected to significantly improve the quality of dried seaweeds produced in the said areas.

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By DANIELLE VENZ, Contributor

HE Philippines and other ASEAN members shou ld continue and expand cooperation on off-grid and decentralized renewable energy systems in a bid to accelerate the elimination of energy poverty.

T h is sug gest ion wa s made by a study published by the Philippine Institute for Development Studies (PIDS) aut hored by Adoracion M. Navarro, PIDS Senior Research Fellow; Maxensius Tri Sambodo, Researcher of Indonesian Institute of Sciences Economic Research Center; and Jessie L. Todoc,

Phi lippines Progra m Manager of SEA Energ y Access a nd A lter nat ive Energy, International Copper Association Southeast Asia. “Off-grid systems that are fuelled by renewable energ y sources, whether decentralized stand-alone s y s t e m s or m ic ro a nd offset/PAGE B7

PESO FOR TYPHOON VICTIMS. An Alpha Phi Omega member asks a commuter to donate a peso for the victims of super typhoon Yolanda in a relief drive launched in the streets of Butuan City on Friday. mindanews photo by erwin mascarinas

‘Yolanda’ may slowdown growth: NEDA THE fourth quarter 2013 economic grow t h cou ld slow down to 4.1 percent as t he negat ive i mpac t of the ty phoon Yolanda may linger in 2014 due to reduced production capacity, according to the National Economic and Development Authority (NEDA).

Socio-economic Planning Secretary Arsenio Balisacan said t he f u ll year gross domestic product (GDP) g row t h for 2013 cou ld be reduced by 0.3 to 0.8 percentage point, lowering grow th estimates to 6.5 percent to 7 percent. Prior to the onset of

calamities, the domestic economy was expected to grow by 7.3 percent for 2013, after registering a 7.6 percent growth in the first half of the year. “To ensure that we regain lost ground the soonest, we need to accelerate the yolanda/PAGE B7

Linemen from 33 electric cooperatives in Mindanao were sent Friday to typhoon-ravaged Leyte and Samar to help fix toppled lines and fast-tract the restoration of power that further slowed down recovery and relief operations in the area.

Good governance must address Linemen from M’danao deployed to climate change issues, says bishop help restore power in Leyte, Samar By WALTER I. BALANE, MindaNews

M A L AY BA L AY Cit y -Good gover na nce must a l so add re s s is sue s on climate change, Malaybalay

Bishop Jose Cabantan told participants at the launching Thursday of Barog Bukidnon (Rise Bukidnon), a group

advocating for good governance in Bukidnon. Cabantan, named to head the Bukidnon Watershed issues/PAGE B7

Mindanao Daily NEWS

By ROEL CATOTO, MindaNews

SURIGAO City – As they did last year after super typhoon Pa blo, t he 33 -me m b e r Association of Mindanao

Rural Electric Cooperatives ( A M R E C O) d e p l o y e d linemen and equipment to restore/PAGE B7

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