BusinessWeek M I N DA N A O CREDIBLE
Volume XI, No. 43
Market Indicators AS OF 6:00 PM SEPT. 11, 2020 (FRIDAY)
FOREX US$1 = P 48.54
3
PHISIX 5,967.96
X X Briefly
cents
65.57 points
Power use declining POWER consumption in the country in the near-term will decline as the economy struggles with the coronavirus disease 2019 (Covid-19) pandemic, a Fitch Solutions outlook report said. “We have turned more bearish on our near-term outlook for Philippines’ power and renewable sector, due to ongoing impacts from the Covid-19 pandemic. We now expect power consumption to contract by 5.9 percent,” Fitch Solutions said in a report released Friday. It added that the country’s long and strict lockdown measures have led to a substantial slowdown in economic activity.
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M’danao biz leaders bat for resilient agri T
HE ongoing coronavirus disease 2019 (Covid-19) health crisis has led the majority of Filipinos to see the value of agriculture to ensure food security amid the movement restrictions to contain infections, an official of the Philippine Chamber of Commerce and Industry (PCCI) said.
Tax holiday DAVAO City – The local government has expanded its tax holidays and improved nonfiscal incentives for foreign and domestic investors to drive up investments in the city, an official of the Davao City Investment Promotions Center (DCIPC) said. During a virtual press conference, Christian Cambaya, head of the Investor Assistance and Servicing Unit of the DCIPC, said the new Davao City Investment Code allows the Davao City Investment Incentive Board to grant exemptions from business tax for three years, real property tax for two years, and mayor’s permit fees, licenses and charges for three years to new investors. The board may grant a maximum additional one-year incentive for business tax and/or real property tax, to a registered enterprise that has direct positive impact on the promotion of activities listed in the 10 preferred investment areas and use of indigenous raw materials and/or will employ indigenous peoples and persons with disabilities.
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RIVER TRANSPORT. Two men transport bamboos via the Davao River, away from the traffic jam on the city streets. photo by gg bueno / mindanews
Badjao community in CDO sent back to places of origin
Speaking at the virtual 29th Mindanao Business Conference on Thursday, PCCI agriculture director Roberto Amores pointed out the need to maximize the opportunities of the thriving agriculture industries in Mindanao. Amores noted that on top of being a big contributor
to the country’s economic growth, the s ec tor has remained sustainable even amid the pandemic. “The health crisis made us all realize the importance of agriculture,” Amores said. Most of the industr y sectors nosedived in terms of growth during the second RESILIENT/PAGE 10
By FROILAN GALLARDO, MindaNews
THE local government here sent back 129 Badjaos back to their places of origin – in the cities of Iligan and Zamboanga and the provinces of Basilan and Sulu — on Friday night,
a day after their village in Barangay Puntod ended a 14-day mandatory quarantine A 21-year-old female Badjao from BADJAO/PAGE 10
MinDA seeks deeper talks on coconut export ban DAVAO City – Mindanao Development Aut h or it y ( M i n DA ) S e c re t ar y Emmanuel Piñol has called for a debate and challenged all those who defend the policy which bans the export of mature coconuts.
In a statement Thursday, Piñol publicly challenged anybody who believes that the ban on the export of mature coconuts is beneficial to the coconut farmer and the industry as a TALKS/PAGE 10
HOMEWARD BOUND. A Badjao family with all of their worldly belongings wait for the bus that would take her back to their places of origin – in Iligan City and Zamboanga City and from there, the island provinces of Basilan and Sulu. The city government of Cagayan de Oro sent home 129 Badjaos a day after they ended their 14-day quarantine after one of them tested positive for COVID-19. mindanews photo by froilan gallardo
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Local Bukidnon to increase products in digital store
M
ALAYBALAY CITY—The food basket of Northern Mindanao is about to become bigger digitally. Otopbukidnon.com, the first webstore of Bukidnon featuring the best of food and non-food products of the province is set to add fifty or more products in its digital store in the coming months. The webstore was launched by the Department of Trade and Industry (DTI) Bukidnon to assist the micro, small, and medium entrepreneurs (MSMEs) affected by the pandemic to recover as number of businesses stopped their operations due to limited movement of goods since the start of the quarantine period last March 2020. “Nahimo ni nato aron tabang sa MSMEs. Kadtong mga dili ka-access sa internet ug kadtong walay capability mo-adapt sa new normal. Didto nato i-market ilang produkto ug dili lang locally, pwede sad mamarket maski asa nga part sa Philippines. (We did this as assistance to the MSMEs. Those who don’t have access to the internet and those who are not capable in adapting to the new normal. We will market their products not just locally but also in other parts of the Philippines),” Yvonne Joy Ambrosio, OTOP focal person of DTI Bukidnon, said during her media guesting in DTI Northern Mindanao’s Para sa Negosyo ug Konsumante teleradio program. Ambrosio explained
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that the webstore was conceptualized to be simple and user-friendly to avoid inconvenience to the consumers in their buying experience. Interested buyers simply need to visit the webstore, choose among the array of products, add items to the cart, fill out the necessary shipping details, pay online and wait for the products to be delivered right at their doorstep. “Isa lang ka-click, add to cart, then payment option, kay bank transfer or Paymaya. Makapalit na atong mga consumers through the OTOP e-store (With just one click, add to cart, then the payment option is bank transfer or Paymaya. Consumers can buy through the OTOP e-store),” she added. The webstore currently showcases 16 products including the awardwinning arabica and robusta varieties of coffee and the Maramag Tablea, which are included in the top five best tablea in the Philippines. Other products include varieties of vinaigrette, turmeric powder, barquirice, blue ternate, adlai grain or brew, camote chips, stevia powder, virgin coconut oil, pineapple jam, dried pineapples, bamboo straw, and hand-woven mats. The webstore can be accessed through otopbukidnon.com. It is operated by the Tagolwanen Women Weavers Association (TWWA) Enterprise, a partner of DTI Bukidnon. (DTI-10/PIA Bukidnon)
DOST assists Malitbog coffee acquire FDA LTO
MALAYBALAY CITY, Bukidnon —JRED Food Processing, a DOSTassisted coffee processing in Malitbog, Bukidnon was awarded a License to Operate (LTO) by the Food and Drug Administration (FDA) in early 2020. Famed as “Kape Roger or Señor Rogelio” for its aromatic blend, the firm is a recipient of the Department of Science and Technology's (DOST) banner program called the Small Enterprise
Technology Upgrading Program (SETUP). DOST in Region 10 (DOST-10) has been assisting JRED Food Processing since early 2018. The agency linked them to a series of free training and seminars that include Good Manufacturing Practices and Food Safety. Since the approval of their SETUP proposal, the firm's proprietors Mr. and Mrs. Saguinhon, have been accommodating experts in the field to help improve their enterprise. Kape Roger also acquired consultants paid by DOST to assist them in their documentary and physical requirements to obtain a ‘License to
Operate’ from FDA. Their manual and their actual plant layout is one of the most critical requirements of the FDA that have been provided for free through SETUP. Other than free training and one-on-one consultancy, Kape Roger has upgraded its facility with higher specifications and brand-new equipment through the banner program. Among which are coffee pulper, grinder, continuous band sealer, and roasting machine. With the acquisition of an LTO, the firm aims to expand its market through supermarket penetration throughout Northern Mindanao, including established coffee shops in
Cagayan de Oro City and Malaybalay City. Also, Kape Roger has recently acquired their Intellectual Property Rights on its official brand, Señor Rogelio. The recently granted IPO allowed them to enjoy exclusive rights on their brand, which they have worked so hard to establish. The Small Enterprise Technology Upgrading Program (SETUP) is a banner program of DOST that enables MSMEs to address their technical problems and improve productivity and efficiency through the infusion of appropriate technologies to improve products, COFFEE/PAGE 10
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
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COWD SUPPORTS BAYANIHAN 2020: OPLAN BALIK ESKWELA AT BRIGADA ESKWELA
AS THE Brigada Eskwela and Oplan Balik Eskwela take new form this year to adapt to the
new normal amidst the CoViD-19 pandemic, COWD partnered with four (4) public schools
in the city namely: Bugo Central School, Gusa Regional Science High School-X, Misamis
Oriental General Comprehensive High School and Bayabas Elementary School to
support their needs during the transition. More than COWD’s mandate to provide
the people access to potable water and improving the quality of life of the people in the community through its different advocacies, COWD supports the government in ensuring that the youth gets the best possible education despite challenges of new learning methods amid the health crisis. As such, COWD provided the abovementioned public schools with the following: gallons of alcohol, footpedal alcohol dispenser, liquid hand soap to aid the schools in the implementation of health and safety protocol; several reams of A4 and legal size papers to be used in printing learning modules; and various Information and Educational Campaign (IEC) materials such as posters and stickers to create awareness on the health benefits of water, promote water conservation by reporting pipe leakages, promote safety and hygiene thru proper handwashing, and provide COWD’s direct hotline numbers for easier accessibility.
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Opinion
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Win over worry (Pt. 2) Think a minute… A woman worried for 40 years that she would die of cancer. She never got cancer and eventually died of old age. She wasted more than half of her life worrying about the wrong thing! Today we will continue our strategy for winning over worry. One thing we must do is to simply “let humans be human.” In case you have not noticed, absolutely no one is perfect, including you. So simply accept the fact that every day people around you are going to make mistakes and be less than perfect. After all, they have to do the same with you. You cannot fight the facts of life. Each and every day something will not go your way. As my grandmother used to say: “Who said life’s fair?” Because it’s not! “Bad things happen to good people.” We must learn to handle life’s unfair treatment and circumstances gracefully. Flow with life, like a river flows around the rocks and obstacles in its way. For example, sometimes you may have to pay more than your fair share of something. Just do it generously and
THINK A MINUTE
JHAN TIAFAU HURST move on. After all, your relationships are much more important than a little money. Assume that you will probably get cheated in life about 10% of the time, and that you may lose about 10% of your possessions. Remember, they are just “things” that get old, rusty and broken anyway. Plus, you cannot take them with you when you leave this life. Just as we need kindness and grace from others for our faults and mistakes, we need to give grace to those around us. Then we will not suffer nearly as much tension, stress and worry, but instead have deeper happiness and peace with others. WIN/PAGE 11
MONDAY|SEPTEMBER 14, 2020
How Oppressed are the Indigenous Peoples? Who can buy or sell the sky? As I touched-base with the Indigenous Peoples in Mindanao, I discovered why many of them are going Left. There were outpourings of reports how their rights have been violated that include their rights on their ancestral domain, their water rights and all their rights embodied in the IPRA Law. When one Bae Lea (Lady Datu) of San Fernando, Bukdnon dared to stop the taking away of their water right, she was murdered. In the same breadth that the water right of Datu Benjamin Anoos in Miarayon, Talakag, Bukidnon was tampered upon without even informing them when in 2006 the ancestral domain’s watershed was transformed into a water system that is providing some 300 gallons of water every hour to the thousands of residents in Talakag. In Musuan, Bukidnon, the IPs in Sinilayan reported to me how their ancestral domain became a part of the Central State University
in utter disregard to their ancestral domain right. The water-system that provide them water has been closed including a bridge above a creek. their passage-way from their barangay. Recently, a group of chieftains came to see me to narrate that many of them cannot sleep anymore as they are branded as NPAs so that they will leave and sell their lands at a very low price. That will give way to global corporations to transform their lands into plantations. Let us pause for a while and reflect on what’s happening not only locally but globally. Let’s go back to history. Chief Seattle, a popular Chieftain in the USA, is now proven absolutely right when he and the natives of America, whom he then led some four centuries ago, questioned the economic system that was uprooting them from their native land and their culture as well. For a while they resisted but “might was right,” so it came to pass
that by virtue of conquest, it was another culture that prevailed over the land. That gave way to the imposition of the colonizers’ economic system that provided titles to everything that could be owned or sold. To d ay, t hat k i nd of economic system has gone berserk in pursuing the growth-at-all cost strategy even sacrificing mother nature to the altar of greed and profit. All because individual ownership gives one the absolute right of exploitation, even if devoid of any sense of morality as long as there is profit. This is res ipsa loquitor (the thing speaks for itself ) considering the global state of the environment. Highly attached to Mother Earth, the Indigenous People then of the North American Continent were puzzled why everything was the subject of commerce especially the land and all the natural wonders found in it. How can you own something that will outlast you? You can
KIM'S DREAM
ORLAN R. RAVANERA not own the land, the land will own you. Perhaps, even the sky will be sold if only such can be owned by the colonizers, so they thought. In the Philippines, our Indigenous People are also of the belief that land can be owned only when one is using it or working to make it productive otherwise it is owned communally. In fact, they believe that there are things which by their very nature should not be owned or be the subject of commerce because these are means to life and are therefore universal in nature. A good OPPRESSED/PAGE 11
Saving the MSMEs
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Government figures place about 27 million Filipinos as out of work, and this is umbilically tied to the fragile state of the micro, small, and medium enterprises (MSMEs) in the country, as the COVID-19 pandemic continues to affect their operations. When t he en hance d community quarantine was first implemented in March, the Department of Trade and Industry (DTI) already reported that more than half of these businesses had to close down because of unsteady cash flow. While some were forced to work around what’s left of their funds, others had to permanently cease
operations. For a sector that is a pillar of the economy—forming 99 percent of registered businesses in the country and accounting for 67 percent of local employment—this situation is alarming. More than ever, they need support to survive the effects of the pandemic on their businesses. Jenny Wieneke, project head of the “BUYanihan” campaign, launched recently by the Association of the Filipino Franchisers Inc. (AFFI), pointed out that cash flow is the “lifeblood” of MSMEs. “If you stop the flow, what do you think would happen next? Cash flow is what MSMEs need to
survive,” she said. BUYanihan is a movement that seeks to “encourage Fi lipino consumers to patro¬nize MSMEs and slowly breathe back life into their businesses.” Here is how the government and the private sector have responded. Banks have aligned their credit facilities with the government’s Bayanihan Act—from lowered interest rates, loan payment deferral programs, to new digital financial tools, among many others. Even pre-COVID, Bank of the Philippine Islands (BPI, has been supporting MSMEs in line with its objective of making banking
SPEAKING OUT
IGNACIO BUNYE financially inclusive. BPI believes that MSMEs are prepared to get back in the game provided they are given ample microfinancing support. But banks need cushion as well. In April, the Bangko SAVING/PAGE 11
The pettiness of the opposition IT used to be that only monkeys have the habit of nit-picking. Before the advent of anti-tick powder and shampoo, it’s commonplace to see women helping each other in the arduous task of picking those pesky lice and nits in the long tresses of their hair. But nothing really beats a domesticated monkey in that tedious chore. Nowadays we don’t see those rustic scenes anymore. Monkeys have evolved. The first and the last time I was in Thailand monkeys render labor as coconut harvester and are quite efficient at it. They get “paid” too. In the Philippines, however, not a few political Ne ander t ha ls have not graduated from nit-picking. Nearly everything that the government does a retinue of political opposition and their propaganda machinery is quick to find faults. The most recent of these is the absolute pardon granted by Pres. Rodrigo Duterte to
Joseph Scot Pemberton who was convicted and sentenced to serve a 10-year prison term for killing a transgender. For good conduct while in detention, the Regional Trial Court qualified him to be freed from prison on the basis of good conduct time allowance (GCTA). Amidst the furor, Duterte issued an absolute pardon to the US soldier. His decision stirred a hornet's nest but somehow boomeranged when citizens recalled that the opposition patron saint Cory Aquino unceremoniously freed CPPNPA Chieftain Jose Ma. Sison and other radical communist leaders from detention. His son, then Benigno Simeon Aquino III also granted the same executive clemency to six inmates. The ex-President also granted amnesty to mutineers led by Antonio Trillanes that wired explosives around the posh commercial center of Makati. So what’s the fuss? And t he n c ame t he
dolomite issue. VP Leni Robredo dubs the project of t h e D e p a r t m e nt of Environment and Natural Resources “insensitive”. She comes out with the usual populist crap saying the money could have fed 20,000 poor mouths for three months. Then came Rappler with its own usual way of tweaking facts describing the crushed dolomite rocks from Cebu as “Synthetic” sand. A horde of others became overnight geologists and environmental experts warning of the toxicity of dolomite and effects of dolomite “dust” on health. The last time I heard and read of dolomite was that it is used in agriculture to cure soil acidity and to address some environmental concerns as filling materials. Manila Mayor Isko Moreno who has no political baggage against the administration and perhaps knew what dolomite is issued a statement appreciating the efforts of
LETTERS FROM DAVAO
JUN LEDESMA DENR to further clean up and improve the condition of the country’s prime bay. Oh yes for decades we endured the national shame and insults for converting Manila Bay into the country’s prime garbage dump. The Tourism Department had ceased using pictures of the magnificent Manila sunset viewed from the Bay. For decades too, the idyllic and pastoral scene of the meandering Pasig River and its esteros and tributaries had become a dumping ground of PETTINESS/PAGE 11
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Pepsi Chooses Suzuki Carry For Nationwide Deliveries S UZUKI Auto UN and PepsiCola Products Philippines Inc. (PCPPI) recently came together to celebrate the turnover ceremony of the first batch of the All-New Carry units. The vehicle’s size, maneuverability and features are perfect for the company’s requirements in delivering high quality products to its consumers nationwide. The Turnover Ceremony was attended by the representatives of Suzuki Auto UN,
Willard Keng, Dealer Principal EVP, Roberto Bautista, the dealership’s General Manager, and its Fleet Manager Edgar Santiago. To represent Suzuki Philippines Incorporated (SPH) was Marko Rivera, Sales Specialist. On the other hand, PCPPI’s representatives included PCPPI Senior General Manager, Luzon 1, Alvin M. Valencia, joined by Senior Manager for Sales Information and Systems, Ryan P. Mariano and National Fleet Senior Manager
John Albert Ayro. The event was held in PCPPI’s head office in Tunasan, Muntinlupa, where 21 out of 105 units of the All-New Carry were turned over to be utilized as their delivery vehicle and shall be distributed to different PCPPI sales office nationwide. Backed by more than 40 years of Suzuki compact truck experience in the harshest environments, the All-New Carry is the suitable delivery partner for PCPPI as journeys from the products’ ‘origin point
to their designated destination mean facing different terrains and weather conditions. Built to be tough, rust and corrosion is the least to worry about with galvanized steel plates used for the entire bed of the compact-truck, on top of the sealers and undercoating used for its underbody while its stainless-steel exhaust system is rustresistant. Its engine air intake is placed in a high position under the cargo bed which allows it to overcome flooded roads even with water levels as high as
30cm. The All-New Carry with a payload capacity of 940 kg is powered by a highpower and high-fuel efficient 4-cylinder 1.5 liter engine which can produce up to 71KW/5,600rpm, with a maximum torque of 135N.m/4,400rp. The All-New Carry is available in two variants, the All-new Carry Cab and Chassis 1.5L at Php499,000.00, and the All-New Carry Truck 1.5L at Php509,000.00, customizations are welcome based on customer’s requirement.
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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY
A PUBLIC SERVICE BY:
AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274
METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057
ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893
METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162
BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075
METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721
BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637
METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924
BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796
METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731
BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405
METRO BANK- GAISANO 8561720
BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN
CM Recto Ave. Lapasan, Cdoc, 8563991/727731
BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819
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Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723
PNB- LKK MALL NORTH CONCOURSE
LKK Mall N.Concourse Cdoc 8574149/8575682
PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438
LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415
pagkapili sa lungsod sa Lugait isip usa sa mga benipesyaryo labina kay lubi ang nag-unang produkto sa maong munisipalidad. Gipasalig ni Mr. Jose Apollo Pacamalan nga nga pinaagi sa makanunayon nga suporta ni Governor Bambi Emano ug ni BM Frederick Khu, makalaom ang mga mag-uuma sa Misamis Oriental nga dili gyud sila pasagdan ug naa pay mga dugang nga suporta nga itunol ang gobyerno ngadto kanila sa umaabot.
PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.
#58 Tiano FernandezSt.CDO 727215/ 8563552 *805
SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625
STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168
LBP – VELEZ LunaVelez St. | 723549/8563198
ni PAGRO Head Mr. Pacamalan, Board Member Frederick Khu ug ni Ms. Michelle Ross Valmores-Lace nga gidawat mismo ni Lugait Mayor Zosimo A. Perez uban ni Lugait Municipal Agriculturist Ms. Rosabella J. Ugmad. Gipaabot ni Mayor Zosimo Perez ang iyang dako nga pasalamat ngadto kang Governor Bambi, sa PAGRO, ug sa Committee on Agriculture sa ilang walay puas nga kakugi aron matagaan ug kanunay nga suporta ang mga mag-uma ug sa
PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184
EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331
LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678
sa lungsod sa Lugait adlaw nga Martes, Septiyembre 8, 2020. Ang mga coco seednuts nga gitakdang iapod-apod sa mga mag-uuma sa lungsod personal nga gitunol
PNB- LKK LKK Lapasan, Cdoc | 8564347/722872
SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632
FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678
SA tumong nga mas mapalambo pa ang sektor sa Agrikultura sa lalawigan aron kanunay nga maabagan ang panginabuhian sa mga mag-uuma sa tibouk Misamis Oriental dugang mga coco seednuts na usab ang giapod-apod alang sa mga mag-uuma. Sa kamandoan ni Governor Bambi Emano, ang buhatan sa Provincial Agriculture Office (PAGRO) pinangulohan ni Mr. Jose Apollo Pacamalan lakip ang komitiba sa Agriculture sa Sangguniang Panlalawigan pinangunahan ni Board Member Frederick Khu ang mihatag og dugang mga coco seednuts alang
PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203
EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081
ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395
LUGAIT MAPASALAMATON SA 4, 000 KA COCO SEEDNUTS NGA GIHATAG SA PAGRO
UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO
Capistrano Corner CruzTaal St. CDO 8524099/722695
UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242
NGCP donates ECLIA-based antibody test kits, testing booths to Mandaluyong LGU
A
S PART of its COVID-19 response efforts, NGCP donated 10,000 ECLIAbased antibody testing and 50 COVID-19 testing booths to the local government of Mandaluyong City on August 20. ECLIA-based testing has a 99.81% clinical specificity, thereby producing more accurate results. “We believe that COVID-19 testing is part of the new normal. Through the donation of these test booths and test kits, we are able to contribute to the COVID-19 response efforts of our country, one LGU at a time,” NGCP stated. NGCP also donated 10,000
COVID-19 ECLIA-BASED antibody testing and 50 testing booths to the Quezon City government, and another 500 test kits to Navotas City as part of its PhP1 Billion donation to the Filipino people to help in the fight against the pandemic. NGCP’s donation includes a PhP500 Million donation of grocery packs to 1,028 LGUs around the country, medical supplies such as PPEs, alcohols, and sanitizers to more than 300 hospitals and city/ municipal/rural health centers nationwide, 9 ambulances to government hospitals, mechanical ventilators, RT-
PCR machines, SteraMist Systems, and other medical equipment to key hospitals around the country, a PhP5 Million donation to Project Ugnayan, and a PhP10 Million donation to Project Ark. Donning and Doffing chambers and Isolation rooms will also be donated by NGCP to identified government hospitals. NGCP is a Filipino-led, privately owned company in charge of operating, maintaining, and developing the country’s power grid, led by majority shareholders and Vice Chairman of the Board Henry Sy, Jr. and Co-Vice Chairman Robert Coyiuto, Jr.
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Badjao... from page 1
Iligan City who was staying as a transient in the village had earlier tested positive for COVID-19, prompting the City Health Office here to place the village of 30 Badjao families (149 individuals) under a 14-day lockdown that ended Thursday. The woman arrived in Cagayan de Oro a few days before the August 28 Feast of the city’s patron saint, St. Augustine. Cagayan de Oro Mayor Oscar Moreno had earlier she was part of a bigger Badjao group that traditionally comes to Cagayan de Oro during the fiesta to beg on the streets. City Epidemiologist Dr. Joselito Retuya said that during their contact-tracing, they found out that she arrived from Iligan City the weekend prior to the fiesta and was rushed to the Northern Mindanao Medical Center on August 25 after she complained of vomiting and severe dehydration. Not fear Teodoro Sabuga-a Jr., chief of the City Social Welfare Development Office told MindaNews it is not the fear that the Badjaos or Bajaus, also known as “sea nomads,” will become a major virus spreader that drove the city government to send them back to their places of origin. He said most of the Badjaos arrived in Cagayan de Oro before the city fiesta last August 28. Annually, Sabuga-a said, Badjaos come during the fiesta to beg for money on the city’s main streets where the activities are. He said the Badjaos would earn 150 to 200 pesos a day from begging. This year’s fiesta activities, however, were limited to virtual events due to the pandemic. Sabugaa said the Badjaos “usually come and go during the fiesta but this time they were caught up by the pandemic.” The city’s move to send back the Badjaos to their provinces was criticized by many, particularly as the City Council of Cagayan de Oro had just passed on August 10 an anti-discrimination ordinance penalizing any form of discrimination against any group, COVID-19 patients and frontliners. Asked to comment on the transport of the Badjaos to their places of origin, Mayor Moreno said “mendicancy should not be a way of life.” Transported by bus Sabuga-a said social workers who interviewed the Badjaos learned that 13 families or 62 individuals came from Basilan;11families or 46 individuals f rom Sulu; and two families or 10 individuals came from Zamboanga. He said four families or 11 individuals were to be dropped off in Iligan City, including the 21-year old who had earlier tested positive for COVID-19 but had been treated and discharged from the hospital.
Sabugaa said they had coordinated with the city government of Iligan to receive the 11. He said about 20 Badjaos, w ho have “successfully integrated to the mainstream society” have agreed to remain in their village in Barangay Puntod. Three buses from the Rural Transit Company fetched the 129 Badjaos in Barangay Puntod amid a downpour at 10 p.m. Friday. The Badjaos boarded the buses with all their possessions packed mostly in sacks. A few catcalls and jeers were heard as the Badjaos boarded the buses that would take them to Iligan and Zamboanga City, in transit at the port for those bound for Basilan and Sulu. Sabuga-a said they coordinated with the local governments of Zamboanga City and the Bangsamoro Autonomous Region in Muslim Mindanao. Not the first time The Badjaos here belong to Sama-Bajau, an Austronesian sea-dwelling ethnic group, that settled across Indonesia, Malaysia and the Philippines. T h e B a dj a o s i n t h e Philippines suffer from discrimination as there is lack of understanding about their way of life and language, in the areas where they have settled in. The City Health Office’s decision to put the Badjao community under a 14-day quarantine two weeks ago was a challenge for frontline medical workers and the local government here but Mayor Moreno then said that it should be explained to the community that “quarantine is for their own protection.” Moreno said Badjaos are highly mobile and speak their own language, as he acknowledged the language barrier between them and barangay health workers. “ The Badjaos love their freedom and being quarantined might not suit their lifestyle,” he said. It is not the first time the local government of Cagayan de Oro sent back Badjaos to their home provinces. During the term of the late Mayor Pablo Magtajas in the 1990s, the LGU also loaded t he B adj ao communit y in B arangay Punto d to Zamboanga. However, the Badjaos trickled back to Cagayan de Oro in pairs or small groups riding buses and trucks. Sabuga-a said the City Government tried to integrate the Badjaos to the mainstream of the City by offering free housing and work. “They refused our offer because the location of the houses is far from the sea,” he said, S abu g a- a s aid w he n they found a suitable site in Barangay Bonbon, the Department of Environment and Natura l R es ources disapproved the plan because the site is a “storm-surge area.” (Froilan Gallardo / MindaNews)
Resilient... from page 1
quarter this year, except for the agriculture sector that posted one percent growth, according to Amores. This signaled a positive development for the sector, although he cautioned that the growth remains "too small" and there is a need to strengthen the agriculture industries in Mindanao to improve the island’s economy-and the country in general. For instance, Amores cited the banana industry, especially the cardava variety-as well as frozen bananas--as a thriving industry because of high global demand. “Frozen bananas and banana chips from cardava is a growing industry because of high demands in some parts of America and Europe,” he said, adding that cavendish banana growers who are facing various problems due to natural disasters could divert to cardava as it is easier to grow. Amores also cited the durian industr y as “another thriving industry in Mindanao”. He quoted Larry Miculob, the president of the Durian industry council in Mindanao, who earlier pointed out that Mindanao produces 20,000 metric tons of durian, which he said could “generate a lot of economic activity”. He said China as a market for Mindanao’s durian could be explored, adding that although Thailand and Malaysia are major durian exporters to China, Mindanao could compete given its considerable supply. Amore s a ls o name d tuna, dairy, and poultry as potential industries that if developed, could further propel Mindanao agriculture to become more resilient. The Davao City Chamber of Commerce and Industry, Inc. (DCCCII) and PCCI, the organizers of the annual Mindanao Business Conference, earlier passed a resolution asking the Department of Agriculture to prioritize strategic areas for agricultural development due to their high availability of raw materials. Thes e are as include Central Mindanao, Bukidnon, Lanao del Norte, Zamboanga d e l No r t e , Taw i - Taw i , and South Cotabato, the organizers said. (PNA)
Talks... from page 1
whole. “To make everything clear to the coconut farmers that we cannot help them now, let us stage a public debate,” he said. Piñol earlier expressed reser vations over the government's policy of not lifting the ban on the export of mature coconuts. He said the coconut industry is in the doldrums because of very low prices of copra, the raw material used in producing cooking oil which is the main product from coconut. “An outdated Marcos era policy, Executive Order
(EO) 1016, series of 1985, mandated the creation of an Inter-Agency Committee that will annually update the list of prohibited products for export. For coconuts, the Philippine Coconut Authority (PCA) board assumes this role,” he said. However, Piñol clarified that the challenge is being issued not to shame those who supported the law but to show to the people that the administration of President Rodrigo Duterte believes in transparency. He said the government is not infallible and it may commit the mistake of formulating well-intentioned but flawed policies which instead of promoting the welfare and well-being of the governed could cause hardships or injuries. “Since you ignored the official recommendations e ve n w h e n I w a s st i l l Agriculture Secretary and now as MinDA Chairman, this is the best opportunity for you to explain to our coconut farmers why you do not want to help them. Please set the time, date, and venue and I will be there,” he said. In the case of the export of mature coconuts, however, Piñol said the PCA Governing B oard had a change of heart when he resigned as Agriculture chief and transferred to MinDA. The same board, he added, recalled the resolution "that they themselves sponsored in 2018." Pi ñol s ai d w he n he wrote about the said issue on his official Facebook Page a few months back, he received a letter from PCA administrator Benjamin Madrigal, explaining why the commission recalled the resolution endorsing the export of mature coconuts. “He gave a litany of reasons which could be easily refuted but keeping this argument to ourselves will not help in our effort to enlighten the millions of coconut farmers why we could not allow them to export their mature coconuts,” the MinDA chief said. (PNA)
Coffee... from page 2
services and operations, human resource training, technical assistance and consultancy services, and design of functional packages and labels. For interested MSMEs who want to avail of the SETUP program, the agency requires a letter of intent or any inquiry via email at bukidnon@region10.dost.gov. ph or Facebook chat to DOST Bukidnon FB Page. (DOSTBukidnon/PIA Bukidnon)
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MONDAY|SEPTEMBER 14, 2020
Win... from page 4
“Worry does not take away tomorrow’s problems. It only takes away today’s strength.” Winning over worry is an “inside” job. The battle is in your mind and heart. Jesus said: “Who can add a single hour to his life by worrying! Each day has enough trouble of its own, so live one day at a time.” Jesus promises that if you do your best, He will take care of the rest. If you put your life in His hands, you will have nothing left to worry about, since everything that is out of your control will be in His control. It is an amazing deal! Remember, if you can trust God to manage the entire universe, you can trust Him to manage your life. So won’t you ask Him to take control of your heart and life, including its pressures and problems, so He can give you His inner peace and power to win over worry, no matter what you’re facing. Just think a minute…
Oppressed... from page 4
example is air. Just imagine one entrepreneur who is able to develop a technology that can capture all the air available, then, start selling it. Only those with money will survive, isn’t it? This is also true to water and to electricity, without which we are all doomed. It was unimaginable in the past to sell our water as it is beyond comprehension now to sell air. But in a land where there is the propensity to subject everything to business, who knows? In fact, we have lost our ecological integrity because we have subjected our forest, our seas, our rivers, our agricultural lands and our minerals to be exploited to earn dollars – not for the common good but for a few capitalists. Didn’t you know that we have the finest timber in the world that had commanded high price abroad? I got an information that one shipment alone of logs would earn the loggers about three hundred sixty million pesos. What a bonanza for one whose only capital was the Timber License Agreement issued to him as political patronage during the past administrations, as disclosed by Ms. Marites Vitug in her book, “Power from the Forests.” If, at all, we have to own these essentials, i.e., land, forest, water, etc. it must follow the moral tenet that the users should be the owners. Our lumads had “owned” the forest for hundreds, if not, thousands of years, and have used them sustainably with high reverence to nature. Our agricultural lands, when not owned by the communities, are subjected to tremendous amount of poisonous chemicals which have destroyed their natural fertility. It has become imperative for all of us to rectify social wrongs which are being inflicted upon the people. Following the principle
of transparency and accountability, the people have the right to know. Why have we lost our ecological integrity which is now causing horrible environmental disasters? Who were those who have amassed so much from selling the bounty of the forests? All told, we have to question the dominant development paradigm that subject everything, including those which are means to life, to the commerce of men or women and even to greed, moderate or otherwise, Just like the Indian Chief Seattle, we have to start asking questions, poetically or otherwise. Listen to the problems of our Indigenous Peoples so that they will not recourse to armed struggle!
Saving... from page 4
Sentral’s polic y-making Monetary Board approved a package of measures to further reduce banks’ financial burden on loans to MSMEs amid the ongoing pandemic. In particular, monetary authorities said loans granted to MSMEs shall be counted as part of the banks’ compliance with reserve requirements. This was supplemented by t h e p a r t n e r s h ip of state-owned Philippine Guarantee C or p oration (PHILGUARANTEE) with local banks. A governmentow n e d a n d c ont ro l l e d corporation attached to the Department of Finance, P H I L G UA R A N T E E i s mandated to perform development financing role through the provision of credit guarantees in support of trade and investments, exports, infrastructure, energy, tourism, agricultural business/modernization, housing, MSMEs (Micro, Small and Medium Enter pr is es) and ot her pr ior ity s e c tors of t he economy, with the end in view of facilitating and promoting socio-economic and regional development. Risk Sharing Recently, BPI inked an agreement with state-owned Philippine Guarantee C or p oration (PHILGUARANTEE) for the latter’s MSME Credit Guarantee Program to bolster its capacity to provide loans for the purpose of mitigating
the impact of the pandemic on MSMEs. This partnership has granted BPI a combined guarantee of P6.5 billion, with P5 billion allotted to BPI’s Business Banking segment and P1.5 billion for its microfinancing arm BanKo, to help MSMEs recover. The program hopes to encourage lending banks to continue releasing loans, by mitigating the risk of banks via partial guarantee against credit losses in the event of non-payment of MSME loans. The 50-50 risk sharing agreement puts banks in a better position to help more MSMEs dodge the impact of the pandemic. Earlier, BPI pioneered in the issuance of social bonds – the COVID Action Response Bonds or CARE Bonds. The public’s reception to the bonds was overwhelming. While initially, BPI planned to raise only P3 billion, the final issuance reached a total of P21.5 billion. That’s a lot of resources to finance and refinance qualified MSMEs. Quote of the week “I think we have a golden opportunity to actively shape the future that is fast approaching. Leading t h ro u g h t h e u n k n ow n re quires reimag inat ion guided by the many signs and clues all around us. And if we listen, we use data and we get a pulse of how things are changing, the world becomes far less uncertain and we start to see ways that we can begin to shift and change.” Jaime Augusto Zobel de Ayala, 5th Ayala-FINEX Summit, September 9, 2020. Note: You may wish to share the foregoing via Facebook, Twitter or LinkedIn.
Pettiness...
from page 4 human waste and industrial chemicals that “killed” the river. Lack of political will and sustained campaign to get rid of the problems did not wash. And now this administration of Duterte so hated by the opposition and sadly by the Church had revived Pasig and the bay including the esteros. In the riverbank near Guadalupe bridge hook-andline fishermen have their catch indicating Pasig had been resuscitated. We a r e c o n f r o n t e d with complex problems
Corona: A Call to Pray? JULET P. VILLANUEVA Kinder Teacher Tambo Central School Tambo, Hinaplanon Iligan City
We are living in a most dangerous p er io ds in history. Every day we see more crime and corruption, viruses and diseases, floods and earthquakes, and the effects of a growing hatred toward the things of God. But becomes of our Lord’s faithful promises, there is always hope. It is only when we seek God, turn from our sin, and submit to his will that
our nation our people, and the whole world be free. As we spend time with the Lord each day, we must remember to pray with passion and perseverance for our churches, our countr y’s leaders, our people, and the challenges facing our nation. And, let us remember to thank our heavenly Father for His love and His willingness to heal our land.
arising from COVID-19. The government feeds not 20 thousand mouths but millions. Of course, there are bastards who misused the aid but that should not take the front seat issue. Robredo is so petty and so are her ilks. Sen. Bong Go, on the matter of corruption that bedevils PhilHealth, came out strongly - let the guilty go to jail but Phil-Health must continue to function to help those who need medical attention. Department of Finance Sec. Sonny Dominguez had assured that funds will be made available to address financial problems that may beset Phil-Health. No, I do not think that this
government will be paralyzed by the childish impertinence of the opposition. Like the revival of the grandeur of Pasig and the Manila Bay, the
engines that rev our economy will soon be in full throttle. By then, the opposition will be eating dust in the race to recovery.
PARTIAL EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: That the late LOURDES LAROT, who died intestate without will or testament and without any outstanding debts in favor of any person or entity; at the time of his death left a parcel of land with TRANSFER CERTFICATE TITLE No. 137-T63622 situated in the barrio of Carmen, City of Cagayan de Oro, Island of Mindanao containing an area of ONE HUNDRED (100) Square Meters, more or less and has been the subject of an PARTIAL EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE, filed by the heirs of LOURDES LAROT, per DOC #29; PAGE #07; BOOK #01; Series of 2020. BWM: Sept. 14, 21 & 28, 2020
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 21 Cagayan de Oro City NATIONAL HOME MORTGAGE ELF FILE NO. 2020-869 FINANCE CORP.(NHMFC) Mortgagee For: Extra-Judicial Foreclosure -versus- of Real Estate Mortgage Under Act No. 3135 as Amended by ISABELO A. RABE, JR. AND NENITA Act 4118 F. RABE, Mortgagor/s X------------------------------------------------/ NOTICE OF EXTRA-JUDICIAL FORECLOSURE SALE (EJF FILE NO. 2020-869) Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION against SPS. ESABELO A. RABE, JR. and NENITA F. RABE, with postal address at BLK 8 LOT 14 PHASE 2, EMILY HOMES SUBDIVISION, BALULANG, CAGAYAN DE ORO CITY to satisfy the mortgage indebtedness which amount to ONE MILLION TWO HUNDRED FIFTY-SEVEN THOUSAND TWO HUNDRED TWENTY-THREE PESOS AND 15/100 (P1,257,223.15), exclusive of interest and penalty charges as of JULY 31, 2020, the undersigned will sell at public auction on OCTOBER 8, 2020 at 10:00 A.M. to 4:00 P.M. AT THE REGIONAL TRIAL COURT, BRANCH 21, Ground Floor, Hall of Justice, Goldridge Bldg., Masterson Avenue corner Macapagal Road, Upper Carmen, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT No. T-69750 A parcel of land (Lot 14, Block 8, Psd-14137, being a portion of Lot 3821, cad 237, situated in the Barangay Balulang, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED FIFTY (150) square meters more or less, registered in the name of ISABELO A. RABE, JR. married to NENITA F. RABE.
All sealed bids must be submitted to the undersigned on the above stated time and date.
In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the tittle herein-above described and encumbrances thereon, if any there be.
Cayagan de Oro City, September 3, 2020.
BWM: Sept. 14, 21 & 28, 2020
(SGD). EFREN G. MACABAYA Sheriff IV
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MONDAY|SEPTEMBER 14, 2020
29th Mindanao Business Conference
MinDA: Infrastructure & Industry Key Drivers for Mindanao Development T
By MIKE BAÑOS
HE Mindanao Development Corridors strategy will integrate the island’s economic development to help stimulate economic activities in developing and underdeveloped areas by linking them to growth centers
through infrastructure and connectivity. “The Duterte administration early on has identified infrastructure and industry development as key drivers for more robust economic activities in Mindanao-leading to more jobs
creation, and poverty reduction,” said Romeo Montenegro, Deputy Executive Director, Mindanao Development Authority (MinDA) during the second day of the 29th Mindanao Business Conference held virtually for the first time online via live stream. “The catalytic
projects under the Mindanao development corridors are targeted to complement the strategies for agriculture and agribusiness, to achieve greater productivity along the value chain,” Montenegro noted. “This approach is also being vigorously pursued by our neighbors in
ASEAN, particularly the BIMP-EAGA.” The Mindanao Development Corridors are situated in Northern Mindanao, Western Mindanao, South Central Mindanao and the Bangsamoro Autonomous Region in Muslim Mindanao. Spread across Mindanao regions, projects such as roads, bridges, airports, seaports, and railways under the Build Build Build program are expected to boost the potentials of Mindanao in terms of trade, tourism and commerce by improving how fast and cost efficient the transport of people, goods and services is undertaken, he added. Among the Priority Public Investments listed by MinDA are the Panguil Bay Bridge, Laguindingan Airport Development Operation & Maintenance Project, Mindanao Railway System, Davao International Airport, New Zamboanga International Airport, Davao Sasa Port, Gensan Aerotropolis, Polloc Port Development and the Malacca Port Development in TawiTawi. “To complement this, MinDA is pushing for the development and deployment of additional renewable energy capacities that will be crucial in meeting Mindanao’s
power requirement by 2030.” To address growing power demand driven by rapid growth of industries, real estate, services and agribusiness, the island will need about 3,500 megawatts (MW) of new capacity between 20212030 assuming a 7-8% average annual growth rate.) The Mindanao Energy Plan for 20132030 also takes into account a sustained 7-8% Gross Regional Domestic Product after 2022. With agriculture as Mindanao's comparative advantage, Montenegro said MinDA is also pushing for the establishment of the Special Agro Economic Zones, especially in areas under the Bangsamoro Economic Corridor. “Mindanao's economic reboot, restart and rebound-- could best be leveraged on its inherent strength, and the country's economic hero in the time of COVID-- the agriculture sector,” Montenegro stressed. MinDA has listed eight such AEZs in Zamboanga del Sur, Zamboanga del Norte, Zamboanga Sibugay, Basilan, Tawi-Tawi, Maguindanao, Agusan del Sur, and the Picong Freeport, Hajj Terminal, and Agro-Economic Zone in Lanao del Sur.
The proposed Picong Freeport, Hajj Terminal & AgroIndustrial Zone (PFAEZ)
MIndanao's Agro-Economic Zones