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April 21, 2008 |
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Roxas Mayor Feras may face theft case |
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If Mayor Carlito
Feras of Roxas, Z.N. could not present legal documents which would
support ownership of several sacks of Chromite Ore piled in his own lot
at Barangay Lower Irasan, he could surely be facing a case of theft of
minerals.
Remelo Damuag of the
Zamboanga del Norte Environment and Natural Resources Office ( ZANEMO)
disclosed that it hd already issued a seizure receipt which meant that
the seized minerals belonged to the province already as no legal papers
could be presented to them. Earlier, ZANEMO disclosed, no one claimed
ownership of the mineral ores and so they placed the seized minerals
under the custody of the barangay officials. But later, Mayor Feras
appeared before the office claiming that the minerals came from
Zamboanga Sibugay and possessed complete papers.
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Mayor Carlito
Feras of Roxas, Z.N. could surely be facing charges in a case of
theft of minerals if he could not present legal documents which
would prove his ownership of several sacks of Chromite Ore piled
in his property at Barangay Lower Irasan. |
It was learned that
there were 1,507 sacks piled in the barangay but could not be valued yet
considering that its volume could not be calculated yet. Damuag
disclosed that Chromite ore is placed at $80/metric ton, in the market
today. On the other hand, the town mayor denied ownership of the goods,
instead pointed to an Australian national claiming that his lot has only
been rented by the said foreigner. Although he claimed that the ores
were extracted from Sibugay, Damuag made sure they were not taken from
Gutalac, Sindangan or Siayan which were recently known to yield similar
minerals as well.
“But even if they
come from Sibugay, the owner should have the Mineral Transport Permit or
a document showing they were from Sibugay,” Damuag reasoned. ZANEMO has
waited for the environment officer of Sibugay to support the mayor’s
calim but the two-week period it has given the mayor had lapsed already
but no documents were presented to the environment office yet.
“If the mayor
could not really present the documents which could prove that extraction
of such was legal and transport permitted, ZANEMO will really file theft
charges against him,” Damuag explained. At present ZANEMO has directed
the barangay officials and tanod of Lower Irasan to keep watch over the
seized minerals. (Press Freedom, Vol. XX
No. 26)
Credits: Press Freedom is published every Saturday and entered as
3rd class mail matter in Dipolog City. Printed by Young
Printing Press with Editorial Office located at Upper Turno, Dipolog
City. Tel. No. (065) 212-4343 or 212-6665. Email:
pressfreedom_1983@yahoo.com.ph
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ZaNorte to host 17th MINBIZCON |
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Thirty-two Chambers
of Commerce will be coming to Zamboanga del Norte by August this year.
After the signing of memorandum of agreement by Gov. Rolando Yebes,
Edgar Bagarinao, president of the Dipolog City Chamber of Commerce and
Industry and Secretary General Crisanto Frianeza of the Philippine
Camber of Commerce and Industry the 17th Mindanao Business Conference
has been set to be held here.
Gov. Yebes disclosed
that this would be the first time that business pillars from all over
Mindanao and capitalists from BIMP-EAGA shall come together to discuss
with government officials the problems that block the thrust of the
economy in the Mindanao region. “It has always been held in Davao; now
we can show them we are ready to become prime investment center as
well,” the governor pointed out.
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“Now, the 17th
Mindanao Business Conference is finally here, nothing can stop the
province from hosting it,” Edwin Capili said, president of the
Regional Chamber of Commerce and Industry. |
Moreover, he believed
the province was chosen to be the seat of conference this year
considering that Dipolog City and Dapitan City have been leading in the
development of the tourism industry in the Zamboanga peninsula at
present. On the other hand, Secretary General Frianeza stressed that the
gathering of businessmen shall strengthen the partnership between the
private sector and the government for economic growth in the Mindanao
region.
However, some
chambers in Luzon and the Visayas will also be attending the conference,
Frianeza disclosed, stressing that it was expected that the business
group could come up with recommendations to guide government planners in
improving the economy of the region. Meanwhile, DCCCI president
Bagarinao recalled that the 14th Congress could have been held here in
2004.
“Now, it’s finally
here, nothing can stop the province from hosting it,” he said. Edwin
Capili, president of the Regional Chamber of Commerce believed it would
be a vindication of the province when it was once cited as the poorest
province in the country in 2003. “At least, they could see what was done
to improve the people’s lives in this side of the region under the
leadership of Governor Yebes,” Capili said.
It was learned
the business conference shall be held at the ZaNorte Convention and
Exhibition Center.” (Press
Freedom, Vol. XX No. 26)
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BM Adriatico denounces Cebu port’s poor
service |
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Disgusted by his sad
experience with the Cebu Port Authority, Board Member Cedric Adriatico
lashed the poor service of the port in a privilege speech recently
before the Sangguniang Panlalawigan.
He narrated how
hundreds of passengers bound for Dapitan on March 28 were left stranded
at the terminal waiting for the terminal bus to transport them to M/V
Georich of the George and Peter Lines. “The boat was scheduled to leave
at nine P.M., but it was already 8 and no bus arrived”, BM Adriatico
sadly recalled.
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The Cebu Port
Authority was earmarked by Board Member Cedric Adriatico as having
poor service as disclosed in his privilege speech recently before
the Sangguniang Panlalawigan. |
Afraid that they
would be left behind, BM Adriatico narrated further, they forced the
security guard to open the terminal gate so that they would just walk
towards the boat. “What angered the passengers most was when we were
caught by the heavy rains and we’re soaked when we board Georich,” the
Board Member disclosed.
The passengers
believed that if the port authority allowed the passenger vans of the
shipping company to transport the passengers, such problem could not
have happened. Other members of the SP also expressed the same sad
experience of BM Adriatico with the Cebu Port.
Copies of the
resolution filed by the board member shall be furnished to the
Sangguniang Panlalawigan of Cebu and Sangguniang Panlungsod of Cebu
City, and Philippine Ports Authority.
(Press Freedom, Vol. XX No. 26)
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DCCCI to Mayor Uy: Secure Dipolog! |
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As holdups in Dipolog
City were staged one after the other, local businessmen recently raised
their alarm through Mr. Edgar Bagarinao, president of the Dipolog City
Chamber of Commerce and Industry.
The 17th Mindanao
Business Conference shall be held here on August 27-28 this year and
they feared the possibility these lawless elements would strike again
once the visitors from the entire Mindanao region would converge here.
Mr. Bagarinao disclosed that after the signing of the Memorandum of
Agreement with the Provincial Government and the Philippine Chamber of
Commerce and Industry, they sought the help of Police Provincial
Director Mario Yanga and the 101st Brigade, Philippine Army based in Del
Pilar, Piñan.
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Local
businessmen recently raised their alarm through Mr. Edgar
Bagarinao, president of the Dipolog City Chamber of Commerce and
Industry. |
Earlier, the local
businessmen pleaded with the local PNP and Mayor Evelyn Uy to strictly
impose security measures especially along the roads where visiting
businessmen during the conference will possibly be passing by. “I
strongly recommend that the city government shall be active not only
during the conference; I mean strict measures shall be undertaken by the
authorities even at this early time,” DCCCI president stressed. As one
of the host groups, Mr. Bagarinao wanted to remind the local police and
the city government that any other act of holdups or lawlessness done
during the gathering could shame not only the host groups but it could
give the city government a bad image.
However, Atty. Allan
Ranillo, Chairman of the Prov’l Tourism Council was confident that the
holding of the Mindanao-wide business gathering here will be successful
despite the series of holdups and budol-budol cases the city had
experienced. “Unlike Metro Manila which saw these happening everyday, we
experience these in Dipolog once in a while, so I still consider here to
be a peaceful place as compared to other cities in the country,” he
said.
To allay the fears of
some delegates who shall be attending the conference, Gov. Rolando Yebes
pledged his support to the city PNP to secure them. Recently, he
announced the establishment of a task force which would help the
intelligence network of the city PNP.
It can be recalled
that Dipolog City was experiencing series of holdup and robbery cases
and even budol-budol cases but no culprits have ever been captured, and
put to prison. Recently, a budol-budol victim close to Executive
Secretary Eduardo Ermita sought his help when suspects ran away with
P1M.
It was learned
but this was not yet confirmed that PNP Chief Gen. Avelino Razon is set
to visit Dipolog within this month.
(Press Freedom, Vol. XX No. 26)
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Province to adopt CBR tourism
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While tourists enjoy
the elephant ride in Thailand so much, here they could experience the
joy of the carabao ride, they could live the way barrio folks live, they
could see something which they have not seen somewhere else.
Provincial Tourism
Officer Atty. Ivan Patrick Ang recently disclosed that the
Community-Based Rural (CBR) tourism which has long been popular
in Europe could very well work out in Zamboanga del Norte. Tourism
Officer Ang explained that tourists have been bored by city life so they
turn to go to farms or barangays for a change.
“No, they do not need
plush hotels and elegant beach resorts anymore. This is the traditional
concept of tourism,” he pointed out, “. . . and this is not the kind we
are to adopt,” he added. Under the new program, the tourism office shall
evaluate some barangays in the province what they could offer to the
tourists. Since the province is agricultural, it proposed for an agri-based
tourism. This means, PTO explained, the barangays themselves shall
identify what good tourist potentials they have and develop them to
attract tourists.
These, PTO
added, must be something that they have not seen or experienced in other
places in the country. As an example, the office pointed to the elephant
ride in Thailand which tourists have always longed for in the country.
“We could have our own carabao ride; this could be a pleasure to them,”
Ang said. He also informed that the Provincial Tourism Office and the
Community Assistance Development Unit (CDAU) will be helping the
barangays to identify their unique selling point so that each could
stand out in the tourism industry.
(Press Freedom, Vol. XX
No. 26)
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German medics conduct Opn. Pahiyum |
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At last harelipped
individuals find beauty in their own smiles as German doctors have
offered their free services to them since April 7 up tio 26.
Gov. Rolando Yebes
disclosed that doctors of Interplast Germany arrived with him here to
conduct the 6th year of its medical mission at the Zamboanga del Norte
Provincial Hospital. It was learned that the first batch of doctors
included Dr. Meller, Dr. Fleske-Eguia, Dr. Sylvia Heintz, Dr. Norma
Brzoska-Eguia and Maria Schuergers-Eguia. The next batch of Interplast
doctors will be arriving today, April 13, and they will be headed by Dr.
Peter Post.
Aside from harelipped
patients, the German doctors will also serve hernia patients and those
afflicted with goiter. At present, more than 100 patients have already
been listed to undergo the free operation. It can be remembered that
earlier another group of foreign doctors conducted free operation and
donated hospital equipment. The doctors were from Springfield, Vermont
in the U.S. of the Renewed Life in Jesus Christ Church headed by Mr. And
Mrs. Raymund William and Guadalupe Martalla-Farrace.
Phili’s Angels of
Orkney, Scotland had come even earlier for a free medical mission.
“They’ve been a
blessing to the province as more ZaNorteans have availed the free
services given by our foreign brothers,” Gov. Yebes happily announced.
(Press Freedom, Vol. XX
No. 26)
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How not to be cheated; your best protection
is prevention |
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Be extremely careful
when providing credit card information. Keep in mind that written
authorization is NOT required for someone else to charge your account.
Therefore, only give credit card information to legitimate businesses.
If your disagree with any charge on your credit card statement, notify
the issuer of your card immediately.
Never sign a contract
under pressure. Don’t just sign it because someone put it in front of
you. Take some time. Relax. Sit back. Read it. If you do not understand
it )and there are LOTS of contracts that are hard to understand), do not
feel dumb and sign it because it must be alright? Get someone you trust
to explain it to you. Tell the salesperson you want a copy of the
contract to take home and read overnight. If they refuse, that tells you
something! Do not respond to pressure. If a salesperson is pushing you,
stepback. Leave if you have to. Take a walk around the block. Take a
friend with you and discuss it with him or her, away from the
salesperson.
Take your time. Do
not buy on impulse. Consider carefully any major purchase. Go to
different places. Compare prices. Never rely only on what the
salesperson is saving. Read consumer reports. Maker sure the contracts
says exactly what you think you have agreed to, and exactly what the
sales person has agreed to. Be very sure that all promises are written
right on the contract. Do not be afraid to write them in on the contract
yourself. Hand written additions are fine as long as they are initiated
by all parties to the contract. Moreover, do not sign a contract which
contains any blank spaces. Put a line through any blank space before you
sign.
Do not rely on oral
promises. Oral promises are generally not worth a thing. And are often
very difficult to enforce. If the seller refuses to let you put his or
her promises in writing, assumes they will not live up to them. Go
elsewhere. Be careful of door to door salesperson. There are special
protections and laws that apply to such contracts, because they are
often coercive. Be wary of rent to own stores. If you seek to won an
item, research other alternatives (check the classified ads for used
items, buy goods on layaway or apply for a credit card) rent to own
stores often charge annual interest rates from 100 to 275 percent
without specifically telling the consumer and may not indicate clearly
whether an item is new or used.
Check the
refund and exchange policy of each store when you make purchase. There
are laws that regulate offers of returns or exchange. Be careful
anything that sounds too good to be true. It usually is.
(Courtesy of DTI, Dipolog City-
Zamboanga del Norte)
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RP
will not run out of rice supply, says Pres. GMA |
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In her latest
statement on the rice supply situation, President Gloria Macapagal-Arroyo
assured that there is enough supply of the staple to meet the needs of
the people.
The country’s rice
supply is “secure for the foreseeable future,” she said. The President
made the assurance at the National Economic Development Authority (NEDA)-Cabinet
Group meeting held this week at the Department of Justice (DOJ) in
Ermita, Manila. She also pointed out that the country’s inventory of
rice continues to be beefed up by acquisitions of the commodity by the
National Food Authority (NFA).
“Total contracted
quantity of NFA rice from the Dec. 2007-March 2008 bidding is 1.2
million metric tons,” of which 50 percent of the total, or 600,000
metric tons, have already arrived in the country, she said. In addition,
another 66,000 metric tons are in transit to the Philippines while a
separate shipment of 30,600 metric tons was being loaded at road ports.
“NFA is set to bid for additional rice stocks on May 2, subject to the
approval of the Government Police Procurement Board,” the President
said.
In a phone patch
interview with the President during the NEDA-Cabinet Group meeting,
local government officials reported that the rice supply in their
respective areas was adequate — thanks to the bountiful summer harvests.
Abulog, Cagayan Mayor Aline Alfonso said farmers in her municipality
were looking at a 85 percent increase in their harvests. This will
translate to an additional production of .4 MT over last year’s harvest
of 5 MTs. Governors Rodolfo del Rosario of Davao del Norte; Ma.
Valentina Plaza, Agusan del Sur; Josephine Sato, Occidental Mindoro, all
reported increases in the rice harvest in their provinces.
They also thanked the
President for providing their provinces with certified palay seeds, post
harvest facilities and vital irrigation projects. To help farmers cope
with the current high prices of commodities, notably fuel and rice, the
President said the NFA will continue buying palay at P17 per kilo until
May. The competitive NFA palay buying price of P17 would guarantee
farmers of a ready outlets and proceeds for their produce.
“Dapat din siguruhin
na sapat ang kikitain ng magsasaka. Kaya hanggang Mayo P17 ang bili ng
NFA sa palay,” the President said. It is but fitting that the farmers
receive what is due them in terms of high prices for their produce, she
said. She pointed out that farmers have been helping secure the
country’s rice supply. Ensuring the security of the rice supply is one
of the three Action Plans of her administration to help cushion the
impact of increased prices of basic commodities worldwide.Now enjoying
its strongest economy in over 30 years, the Philippines has become more
resilient in responding to the current global problem of high prices of
fuel and rice, the President said.
She stressed that her
administration’s three Action Plans — securing the supply of rice,
ensuring its distribution, and protecting consumers against price
gouging and corruption – are currently being implemented to ensure that
the country’s rice supply situation remains stable. (PIA-ZN)
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PGMA bats anew for Senate approval of JPEPA |
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Underscoring the
importance of the Japan-Philippines Economic Partnership Agreement (JPEPA)
to the Philippines, President Gloria Macapagal-Arroyo called on the
Senate anew to ratify the accord when Congress convenes next week.In her
opening statement during a visit to the Yazaki-Torres Manufacturing
Incorporated (YTMI) here, the President stressed that the advantages of
the proposed agreement to the country far outweighed its disadvantages.
“Studies estimate the
JPEPA benefits from P6.5 to P110-billion for the government due to an
improved investment climate with projected direct investments from Japan
amounting to P365-billion, plus more than 200,000 jobs compared to costs
of around P4-billion that will come from tariff reductions,” the
President said. She pointed out that studies also show the overall
positive impact of the agreement on poverty reduction in the country.
“Tariff on our farm
goods will also fall to zero, boosting exports of Philippine
agricultural produce. Add to that the high-wage hiring of our nurses and
caregivers,” she added. The President also pointed out that among the
benefits the JPEPA would be increased revenue for the government, the
agricultural sector, and the employment of Filipino nurses and
care-givers in Japan. Without the agreement, restrictions against the
entry of Filipino professionals, including health workers, would remain.
The President
dismissed as unfounded fears that the JPEPA would transform the
Philippines into a dumping ground for toxic wastes coming from Japan.
“About the environmental issue – the fear that we will be the dumping
ground for Japanese toxic wastes: their importation is banned by
international as well as national fiat. In any case, during my last
visit to Japan, Japan signed a side letter making that clear,” she said.
The JPEPA has sufficient provisions that will protect the environment
and prevent any illegal trade in toxic wastes. It does not contain any
provision explicitly allowing trade or liberalized entry of regulated or
banned products in both countries, she pointed out.
The President also
warned that the Philippines would be left out of the benefits of the
trade agreement with Japan since the country’s Association of Southeast
Asian Nations (ASEAN) partners like Malaysia, Singapore, Indonesia and
Brunei already have working agreements with Japan and are “moving in
front of us.” The irony of it, the President said, is that the
“Philippines was the first country after Singapore with which Japan
pursued the idea of an economic partnership agreement. But Japan has
entered into the same kind of agreement since then with Malaysia,
Thailand, Indonesia and Brunei and here we are at the starting point
with everybody moving in front of us.”
“The JPEPA is worth
it. We cannot afford not to ratify it because with everyone but us on
board, eh di dadalhin ng Hapon ang negosyo sa kanila,” the President
stressed. “So we hope the Senate will ratify the JPEPA when Congress
convenes next week,” she added. The JPEPA is a framework for cooperation
between Japan and the Philippines that includes assistance in human
resources development, research and development, and technology
development and transfer. (PIA-ZN)
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Public warned of budol-budol |
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It could be the lure
of bigger money that prompted budol-budol victims to put up their own
money and found out later that they were just conned or swindled.
This was how the
police saw the different swindling cases experienced by some Dipolognons
nowadays.
Although some victims
claimed that they knew about the tricks, they seemed hypnotized by the
swindlers that they could not help but gave in to their demands.
Police outlined how
these elements operate. They seemed to be a long-time acquaintance who
knew the victims very well and would even mention some personalities
close to the victims to make them believe they are ‘friendly’. They
could pose as businessmen bringing a big amount of cash and wanted to
leave it to the willing victim who shall take custody of it while they
are out. They would then be showing wads of bills.
But for security
reason (so that the victim will not run away their money), the swindlers
shall ask money, jewelry or other valuables to take with them while
they are out. And they will not return, police stressed, leading the
victims to open the bag only to discover that the wads of bills were
just cut bond paper.
No matter how
they did it, police authorities announced that they always operate on
the same style: leave their money, get your money and leave and never
come back. Despite the information drive about these cases, authorities
will wondered why there are still more and more swindling cases
occurring even among the elite and the educated. Police urged the public
not to entertain strangers who posed as businessmen and leave money to
them. The believed this would only end up in swindling.
(Press Freedom, Vol. XX No. 26)
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to convene Regional Wage Boards |
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President Gloria
Macapagal-Arroyo is set to convene a meeting of Regional Wage Boards
“all over the country” to discuss salary adjustments for workers to
mitigate the adverse effects of the rising world prices of oil and rice.
The President
announced this move in her statement before meeting with officials and
guests of Yazaki-Torres Manufacturing, Inc. at the wiring harness
producer’s manufacturing plant here. “Because of the increasing prices
of fuel and rice, we are calling for a meeting of the Regional Wage
Boards (RWBs) all over the country to discuss how the RBWs can help the
workers cope with the rising world prices of oil and rice,” she said.
The President, who
was joined by Trade Secretary Peter Favila and Labor Secretary Marianito
Roque, visited factories “to personally attend to the needs of workers.”
“We encourage giving of wage and non-wage benefits. In fact, we are
encouraging establishment of day-care centers for working mothers,” she
said.
The President lauded
the Filipino worker who she called “the best in the world” and vowed to
work harder to project a positive image of the Philippines to the world
and to bring in more jobs and investments. “We will leave no stone
unturned as we seek even more foreign and domestic investments to bring
more jobs to our nation,” she said. (PIA-ZN)
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My hometown |
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My hometown in
Dohinob recently celebrated its 108th founding day. I did a little
research and it falls on April 11 because it was the birthday of its
village chief, the late Leoncio Carreon Adaza. Leoncio’s daughter was
the late Guadalupe Adaza who served as provincial governor in 1959-1963.
-oo0oo-
Before its founding,
it was a mere sitio of the town of Lubungan (now renamed Katipunan) and
Dohinob was known then as Badiangasan because of the abundance of these
prickly shrubs or trees and people had to walk along the shore or follow
the river bed as there was no vicinal road then.
-oo0oo-
Its inhabitants are
95% Subanos, that’s why they renamed it to Dohinob meaning two rivers
because this was founded by tributaries of two rivers, the Dohinob Diut
river and Dohinob Daku river.
I was born in Dohinob
Diut where my grandparents resided but my parents resides at Dohinob
Daku, a kilometer away.
-oo0oo-
During its weeklong
celebration, Gov. Lando turned over his multi-million asphalting project
of the Dohinob circumferential road while Cong. Dodoy Likewise promised
to allocate P1.5Million for the barangay covered court.
-oo0oo-
Board Member Edgar
Baguio also graced the ocassion with his personal presence, a tale tell
sign that election is forthcoming.
-oo0oo-
A public school
teacher of the province recently aired her complaint that she has not
received this P400.00 allowance for chalk. The teachers have to shell
out their personal funds in order to buy chalk, she claimed.
Did somebody from
above pocket it? Basin ug nahilis lang to ma’am kay basta chalk mahilis
man gyud na.
-oo0oo-
A thief was
recently caught by the police and a corresponding compalint was filed
against him. During the trial, the judge asked him why did he steal the
money? He quickly answered senselyo ra ning ako, initan pa gyud. Tuay
sa Malacañang, kato untay gukdon.
(Press Freedom, Vol. XX No. 26)
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Credits:
Press Freedom is published every Saturday and entered as 3rd
class mail matter in Dipolog City. Printed by Young Printing Press with
Editorial Office located at Upper Turno, Dipolog City. Tel. No. (065)
212-4343 or
212-6665. Email: freedom_nandau @yahoo.com |
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Mayor
Uy gihangyo pahugtan ang seguridad
MGA
NEGOSYANTE SA DIPOLOG NA-ALARMA SUNODSUNOD TULIS |
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MIPALANOG karon sa
ilang hangyo ang mga negosyante dinhi sa dakbayan sa Dipolog pinaagi sa
Dipolog Chamber of Commerce and Industry (DCCI) pinaagi sa ilang
presidente nga si Mr. Edgar Bagarinao nga pahugtan ang seguridad sa
siyudad tungod sa sunod-sunod nga nahitabong tulis. Kini maoy usa sa ilang
hangyo nga gipaabot karon ngadto sa atong kapolisan ug sa mga hepe
ehekutibo sa matag local government unit subay na sa gikatakdang
pagpahigayon sa Mindanao Business Conference karong Agosto 27-28 niining
tuiga dinhi sa Dipolog, Zamboanga del Norte.
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THE
PHILIPPINE’S GROSS DOMESTIC PRODUCT AND THE FILIPINO’S COST OF LIVING… |
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Many are happy to
note of the Asian Development Bank’s statement that “the Philippines is
no longer a sick man of Asia”. This statement is the positive form of
Singapore’s former Prime Minister Lee Kuan Yu’s comment that “the
Philippines is a sick man of Asia”. This, he made at the time Mr. Fidel
V. Ramos was sitting as our president. But, what really pushed the ADB
to make such a positive remark? ADB based their observation on the
so-called 7.3% growth rate in the Philippine’s Gross Domestic Product
(GDP) last year. That is why it wants the Filipino to believe that their
country is no longer the sick man of Asia.
However, as many as
there are those who believe that our country’s economy is improving (as
what President Gloria Macapagal-Arroyo is always bragging), there are
also a lot of skeptics who doubted that their standard of living gets
better now. They argue that if our country’s economy is getting better,
then why do majority of our people (59.3% country-wide; and 68% in
Mindanao) still feel that they are facing harder economic life (as shown
in the 2007 Pulse Asia survey).
But, wait a minute!
Let’s take a look to the whole scenario by talking first about Gross
Domestic Product (GDP, for brevity) as an economic concept! What’s this
GDP all about? Gross Domestic Product (GDP) refers to the total value of
goods and services produced in a country over a period of time. It is a
measure used by many countries to determine whether or not a country’s
economy is improving. GDP may be calculated in three ways: (1) by adding
up the value of all goods and services produced, (2) by adding up the
expenditure on goods and services at the time of sale, or (3) by adding
up producers’ incomes from the sale of goods or services. It measures a
country’s economic activity regardless of who owns the productive assets
in that country. For example, the output of Australia-owned companies
based in the Philippines is considered part of Philippines’ GDP rather
than part of the Australia’s. (This is in contrast to Gross National
Product or GNP recently used by some industrialized countries like the
United States, Germany, and Japan to measure their economic activity.
GNP is the total of incomes earned by residents of a country regardless
of where the assets are located. In other words, the income earned by a
US-owned business based in the Japan would be considered part of the
US-GNP, not Japan’s).
It necessarily
follows, therefore, that if a lot of foreign investments are poured into
the Philippines, they will create more economic activities that may
spell out increasing growth rate in its GDP as what is happening now in
the country’s economy. Withdrawal of, or less, their investments this
time, our GDP’s growth rate drops! Admittedly, GDP is difficult to
measure precisely, partly because every country has an unofficial
economy, often called a black economy, which comprises transactions not
reported to government. Nonetheless, many economists still use the GDP
to measure the standard of living in a country. They divide a country’s
GDP by its population to arrive at GDP per head. The figure is then
often converted into U.S. dollars to allow for comparisons between
countries. If GDP grows at a higher rate than the population, standards
of living are said to be rising. If the population is growing at a
higher rate than GDP, living standards are said to be falling. j
Unfortunately, GDP
per head, even if it quantifies the standard of living in a country,
does not take into account the cost of living of its people. (By the
way, Cost of Living refers to the amount of money needed to purchase the
goods and services required to maintain a certain Standard of Living.
The latter term refers to the threshold of material security measured by
the availability of resources to an individual, family, or society).
This is one draw back of using GDP. This is precisely the reason why
majority of us Filipinos doesn’t bite the idea that our country’s
economy is improving (on the basis of the 7.3% growth rate in its GDP)
because in reality the country’s cost of living is still high and the
Filipino stomachs are still hungry.
In summary, GDP per
head cannot be relied on. It doesn’t deal squarely with the cost of
living. Some people believe it more accurate to judge living standards
in other ways. And one good estimate of living standards is the Human
Development Index (HDI) because it takes into account GDP per head,
adult literacy, and life expectancy. Meanwhile, it is good for us take
seriously this stern warning from our World’s renowned economists who
said that a nation’s economy must not grow too quickly because this
almost always results in inflation, when the level of prices or the cost
of living is increasing. This is happening now in our country where our
P5 before can buy a kilo of tamban, now costing P40. This, despite the
claim of Pres. Arroyo that our economy is improving!
How does one country
prevent inflation? They suggested that it needs to constrain total
demand by increasing interest rates. Borrowing money finances much of
total demand, e.g. consumers borrowing to buy new homes and cars, and
business firms borrowing to purchase new facilities and equipment.
Interest rates represent the cost of borrowing. So, when a country
raises interest rates, the cost of borrowing increases. Business firms
and consumers are then less likely to borrow, reducing their demands for
goods and services.
Mao ba? Unsaon
na lang ang pobring Juan nga dili makapalit kay maglisud ug hulam? Kutoy
ang tiyan!!! Whatever the choice, in the end, gubot lang gihapon nga
posibling moresulta unya ug gubat! God forbid!!!
(The New Nandau,
Vol. XVII No.40)
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Credits:
The New Nandau is a member of the Publishers Association of the
Philippines (PAPI). Editorial office is located at
076 Quezon Avenue,
Dipolog City with Tel. No.
(065) 212-3794; Cell
No. +639205201041. Email: freedom_nandau @yahoo.com |
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PRESS
FREEDOM:
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My
Best Foot
By: Engr. Ric Tenorio
The pa cute-cute president |
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Some of my reading
fans asked me why I don’t have my picture posted in my column. Well,
just wait til I can find one taken some 20 years ago. Al least that’s
the best pics I have. Hehehe
-oo0oo-
Alan calls that big
hole at the ZN Medical Hospital as the big “Urinola of Lando”. Frankly
Lan, it’s better to have that “Urinola” with matching “Ultra Modern”
Hospital than a bed pan in an obscure Health Center in Dipolog City.
-oo0oo-
I am longing and
waiting for that day when I can see some of the kind of detractors of
this hospital, landing in one of its beds. Then I can say without
butting an eyelash, hey you! I thought you don’t like this hospital? Ok
ka lang? basin og gimino ka? Naks…
-oo0oo-
In this country, it
takes a lot of money and lots halobalo’s by our senators just to find
the truth. I know that truth is very elusive in our country. But to
spend so much for so little for just in Aid to Grandstanding is indeed
incredulous.
-oo0oo-
In the past weeks,
the S.C. has given the Senate a chance to compromise so no one get hurt
in the process. The Senate took it as some kind of insult which would
redound to losing its face. Now after that landmark decision over Sec.
Neri’s petition, the Senate wants the S.C. to reverse its decision and
even went further to inhibit three of its jurors. Now tell me, who among
these two co-equal bodies is off tangent, or out of its course?
-oo0oo-
The whistle blower,
Jun Lozada was admonished by his group to refrain from waving his hands
to the crowd for fear that he will be mistaken as a “trapo” politician
out to woo their votes. Kawawang Jun, Hindi siguro alam na maramaing
inggit dahil sikat na siya. As always, Filipinos have that “Crab
Mentality” kaya ingat ka Jun sa mga taong may crab sa ulo. Hehehe.
-oo0oo-
Nobody trust anybody
these days. That’s why NFA use indelible ink to mark fingers of people
buying rice from them. My god! What’s happening to us now? I hate that
day when even fingers with or without ink marks can not be trusted
anymore. Ngiii….
-oo0oo-
The Senate
warns that unless the S.C. reversed its March 28 ruling on Executive
Privilege, this nation is on the road to “Authocracy.” That’s blackmail.
Can’t you ever grow-up gentlemen? You are becoming a pain in the ass,
like Gloria de pa cute-cute.
(Press Freedom, Vol. XX No. 26)
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Credits:
Press Freedom is published every Saturday and entered as 3rd
class mail matter in Dipolog City. Printed by Young Printing Press with
Editorial Office located at Upper Turno, Dipolog City. Tel. No. (065)
212-4343 or
212-6665. Email: freedom_nandau @yahoo.com |
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Gov. Yebes inks
a Memorandum of Agreement with Edgar Bagarinao, President of
Dipolog City Chamber of Commerce and Industry, Edwin Capili, Vice
Chairman of MinBizCon and Crisanto Frianeza, secretary general of
the Philippine Chamber of Commerce and Industry (PCCI).
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SouthpointEditorialCartoon
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