BusinessWeek Mindanao (October 25, 2019)

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Truce THE CONFLICT surrounding roads in the Floirendo-run banana farms in Sto. Tomas and Braulio Dujali, Davao del Norte has been settled with an agreement signed by the parties. Under the deal, the existing biosecurity facilities at entry points will not be demolished, but the requirement of a gate pass for public access will be removed. The agreement also provides for the creation of a joint monitoring committee composed of two representatives each from the parties involved: the provincial government of Davao del Norte, the Tagum Agricultural Development Co. Inc. (TADECO), and the Bureau of Corrections (BuCor), which owns the land. TADECO and BuCor have a joint venture agreement for the banana plantations.

Cash aid IN view of the declining palay prices since the rice tariffication law took effect in March, the government will be giving P5,000 cash assistance to affected farmers tilling one hectare and below. Agriculture Secretary William Dar, on the sidelines of the ongoing Philippines-India Trade Consultations held at Shangri-la Makati on Friday, said the cash assistance is a one-time cash-out and this will be taken from the tariff being collected out of the Rice Tariffication Law (RTL). Around P3 billion will be needed for the 600,000 rice farmer-beneficiaries in the country.

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Japan urged to lower tariffs on PH bananas www.businessweekmindanao.com

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GRICULTURE Secretary William Dar has reiterated his request to Japan Vice Minister of Agriculture, Forestry and Fisheries (MAFF) Shinya Fujiki to lower the tariffs imposed on Philippine bananas.

“I would like to request your support for the preferential tariff rate of zero percent for Philippine bananas in Japan, which

currently imposes an 18-percent tariff during the winter season and 8 percent during the summer,” Dar said TARIFFS/PAGE 9

Developer to complete industrial zone in 2 years By CARMELITO Q. FRANCISCO, Correspondent

LAST VIEWING. Soldiers carry the casket containing the remains of late Senator Nene Pimentel to the Cagayan de Oro City Tourism hall after it arrived from Manila last Wednesday evening. He will flown back to Heritage Memorial Park Manila early today, Friday (Oct. 25). photo by gerry lee gorit

US Embassy holds training for Mindanao peace advocates

DAVAO City — Damosa Land Inc. (DLI) is aiming to complete the development of the 63-hectare Anflo Industrial Estate (AIE) economic zone within the

next two years and is now fast-tracking the construction of additional facilities. “It’s hard to woo investors when you sell only a plan. INDUSTRIAL/PAGE 9

By MARK FRANCISCO, Reporter

THE United States Embassy of the Philippines conducted a three-day training for Mi nd ana o - b as e d p e a c e advocates from October 22

to 24 this year at Apple Tree Resort and Hotel in Opol, Misamis Oriental. According to project TRAINING/PAGE 9

Banana planters group fears spread of Panama disease By DIGNA BANZON, PNA

D AVA O C i t y - - T h e Pilipino Banana Growers and Exporters Association (PBGEA) is fearing for the possible spread of Fusarium wilt in banana plantations in

Davao del Norte if biosecurity installations are removed. In a press statement on Tuesday, PBGEA Executive Director Stephen Antig PLANTERS/PAGE 9

PASSIG ISLET RESORT. Once a small sandbar in Barangay Bato, Sta. Cruz, Davao del Sur, residents slowly built it into a roughly 3,000 square-meter islet resort by buffering the perimeter with used tires filled with sand. The resort is now a popular destination in the province. photos by jules l. benitez

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