Visayan Business Post May. 2014

sayan ost Vi BusinessP FOREX: US$=P44.4 UKL=P74.9 HK$=P5.73 BRUNEI$=P35.5 EURO=P61.6 JAPAN Y=P0.44 AUST$=P41.1 BAHRAIN D=P117.76 SAUDI R=P11.84 UAE DIR=P12.09 SING$=P35.5 P15.00 Nationwide Lifestyle, p9 twitter Visayanbizpost Breaking news in the countryside Visayan Business Post website visayanbizpost.com Vol. I, No. 2 11 Sections the World, p7 P12 Monday, 26 May 2014 Inside Special Report The VBP News Team Tacloban City, Leyte Entertainment, p10 Parenting, p10 Industry, p5 Harvest Season. Rice farmers in rural Leyte begin harvesting and threshing out rice in time for the enrollment season where most proceeds from farming revenue usually go after summer. Photo by Jn Grey TACLOBAN, Leyte – The race is on for the immediate recovery of small and medium enterprises lost to super typhoon Yolanda in Eastern Visayas. Trade and Industry Regional Director Cynthia Reyes Nierras told the VBP News Team that DTI has determined that the region’s small and medium enterprises sector suffered greatly from super typhoon Haiyan. These SME’s, according to Nierras, need to recover fast in order to help investors and people working in the businesses economically recover. Nierras further told VBP that part of DTI’s ‘Tindog Eastern Visayas’ (Rise East- DTI: EV need fast SME recovery Available soft loans pushed for return of micro and medium enterprises ern Visayas) program is the continued close monitoring of prices of basic commodities and making sure that supply is stabilised while quality of goods being sold in the typhoon-hit areas do not decline especially in the local construction industry. “The bringing of basic products into the areas hit by the super typhoon was made easy through the caravan sale and facilitation of transport of goods from Luzon and other areas into the region with the help of the Department of Social Welfare, Department of Transportation and Communication, and Office of Civil Defense. Supply has become normal now and this status is helping a lot of people feel better”, added director Nierras. Tourism down across Visayas, ‘voluntourism’ up in Tacloban The BVP News Team, Western Visayas CEBU –– Officials in Sta. Fe town in Bantayan have reported that tourist numbers have fallen during the Holy Week, compared to previous years, in the wake of damage caused by super typhoon Yolanda. Despite the good weather, Sta. Fe Mayor Jose Esgana estimated that tourist numbers were down this week by 30 to 35%. The town, he said, had around 350 rooms for visitors before Yolanda struck. However, less than 300 were currently available as repairs to some resorts were still ongoing. Esgana said it would likely take 2 to 6 years before their tourist industry could fully recover, even with help from the National Government. In Bohol, more than 5 months after the devastating earthquake in October last year, the region has also suffered major reduction in tourist numbers. Carmen Bohol Mayor Jun Turibio said recently that the number of visitors to the Chocolate Hills National Monument, a region hoping to be named as a World Heritage Site, has decreased by “almost 50 percent.” Before the quake, we would get as many as 4,000 visitors a day, he said, but major aftershocks, as recent as February 21st, were discouraging tourists from returning. However, Joshue Hinay, Bohol Island Tour Guides Association of the Philippines president said, from his point of view, the drop in tourism was more like 85%. “For tourist guides like me, it’s at 85%. We Tourism down/p3 Identified needs To efficiently help small and medium enterprises, DTI has identified their immediate needs. “Part of this is the need to provide access to technology and market, proper product development, and enhancing the supply chain”, said Nierras. Technology, Nierras clarified, include stress debriefing and technical training. The DTI has a Small and Medium Enterprises Roving Academy or SMERA being used for this purpose. Businesses however asked government for financial assistance so that they could immediately restart their operations, since most of them went down to negative capiSmall and medium/p2 Bottled water. Mahaplag, Leyte sneaks into the thriving water business with its natural mountain water. (VBPNT) Government releases P802M to Yolanda areas The VBP News Team Leyte MANILA – True to the earlier assurance by Leyte Governor Leopoldo ‘Mic’ Petilla, Malacañang has announced it will release soon all of P1.791 billion initially earmarked for the rehabilitation of vital infrastructures like municipal buildings, public markets, health and other civic centres’ considered as critical to governance in Haiyan-hit provinces and municipalities. “The buildings are needed to facilitate the full normalisation of local government services”, according to Secretary of the Interior Manuel Roxas II as he visited to hand over checks amounting to P802 million to various local governments in the Visayas. Roxas visited the province of Leyte where he personally handed the checks to local government officials who were able to earlier submit to the Department of the Interior and Local Government required documents for the rehabilitation of their municipal buildings. Roxas disclosed that the biggest amount of funds released was P230M which is to be spent on immediate repairs Ormoc to reform Investment Code NIA, DENR forge The VBP News Team North Leyte Ormoc City –– Recognizing the steady flow of investments and the need to keep them in, city mayor Edward S. Codilla has created an executive commitee to look into possible reforms that will eventually update the city’s Investment Incentives Code. City licensing chief Emilio Tingson disclosed to the Business Post that the technical committee, composed of rep- resentatives from the