by admin | Jan 17, 2017 | DTI Updates, Headlines, National News
Tune in to Konsyumer Atbp, (KATBP), DTI’s consumer education radio program, simultaneously aired over DZMM 630 kHz and Sky Cable channel 26, every Saturday from 10:30 in the morning to 12:00 noon.
Learn from the timely and informative discussions of DTI Undersecretary Ted Pascua and DZMM’s senior reporter, Alvin Elchico, on pressing relevant consumer-related programs and issues.
Participate in KATBP’s informative discussion and get a chance to win special prizes by sending your reactions/ comments to DZMM <space> REACT <space> MESSAGE and send to 2366.
For Facebook users, send messages and greetings online and type DZMM Teleradyo on the search box and click “Like”. Filipinos abroad can listen to Konsyumer Atbp at www.dzmm.com.ph. Just click “Listen Live” for the free live audio streaming.
KATBP is a partnership between the DTI-CPG and the ABS-CBN Broadcasting Corporation for consumer advocacy.
For more information, call DTI-CPG at 751.4740/48. Follow us at Facebook page konsyumeratbp. #
by admin | Jan 16, 2017 | DTI Updates, Headlines, National News
Investment projects approved by the Philippine Board of Investments (BOI) grew 20.4 percent in 2016, reaching P441.8 Billion from the P366.7 Billion registered in 2015.
The value of registered projects in 2016 is second highest since 2000, next to the P466 Billion registered in 2013. The 20.4 percent growth also exceeded the agency’s 7 percent growth target for 2016.
With a 20.4 percent growth in 2016:
• BOI surpassed its 2016 target of 7 percent increase in value of registered projects.
• 2016 value of registered investments is second highest since 2000
• Foreign investment pledges is 50 percent higher in 2016 than in 2015
• Foreign investment level in second half is almost twice than in the first half
• Among major sectors, growth in investments (2016 vs. 2015) is fastest in construction (644.8 percent) and manufacturing (81.3 percent)
• Mostly buoyed by hydropower projects, investments in Cordillera Administrative Region increased from P85.6 Million in 2015 to reach P34.8 Billion in 2016.
Trade Secretary and BOI Chairman Ramon Lopez said the growth in the agency’s investment pledges is driven by the continued confidence of investors with the country’s sustained strong macroeconomic fundamentals and in President Duterte’s socio-economic agenda; as well as a result of President Duterte’s state visits since he started the current administration.
“With the investment missions that we are doing, investors have gained greater awareness of the Philippines’ strong and growing economy,” he said adding that during the President’s state visits, he always assures investors that the government will honor, secure, and protect their investments.
The aggregated investment approvals in 2016 were generated from 377 projects and are expected to generate about 67,615 in new jobs when these investment projects become fully operational.
Investment projects registered were mainly from local companies, making up 80 percent of the total figure or P352.5 Billion. The rest of the 20 percent meanwhile came from investments from foreign sources amounting P89.3 Billion.
Foreign investment pledges this year are higher by 50 percent against the P59.5 Billion in 2015. The foreign investment level in the second semester was almost double than that of the first semester, clearly indicating “the growing foreign investor interest and confidence”.
Topping the list of foreign country investors for the year include Australia with investments worth P30.5 Billion. Singapore came in second with investments amounting to P13.6 Billion, followed by The Netherlands with P13.1 Billion, Japan with P6.8 Billion, and South Korea with P6.4 Billion. The balance is shared by various country investors.
In terms of geographic distribution, Region 4A topped the list of regional investments with P102.1 Billion worth of projects. The National Capital Region came in second with investments worth P95.3 Billion, followed by Region 3 with P56.5 Billion. Significant investments were also directed to the Cordillera Administrative Region with P34.8 Billion, remarkably up by 40,528 percent from only P85.6 Million recorded in 2015.
Topping the list of investment projects for the year are from the industries of power (P209.9 Billion), real estate activities (P65.8 Billion), construction (P62.3 Billion), manufacturing (P49 Billion), and transportation and storage (P23.4 Billion). Investments in construction and manufacturing were among the fastest growing (2016 vs. 2015) reaching 644.8 percent and 81.3 percent, respectively.
The real estate sector is seen to generate the most number of employment with 32,055, followed by the manufacturing sector which is expected to provide jobs and income to 17,067 Filipinos.
Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said “the continued growth of the manufacturing industry is a clear indication of the results of our Manufacturing Resurgence Program”. “The revival of the manufacturing sector is key to inclusive economic growth because it will generate much-needed decent employment and help the country tap regional production networks,” he said.
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by admin | Jan 14, 2017 | Headlines, Local News / Bohol Balita, Tech Talk
The Bohol ICT Council elected its new set of officers on January 10, 2017 at the Governor’s Mansion in Tagbilaran City. Gov. Edgar M. Chatto inducted the new officers.
The officers come from diverse backgrounds including engineering, information technology, business, digital marketing, education, government, and freelancing. They have expressed their commitment to bring new ideas and usher in a new era of growth into the innovation community in Bohol.
They hope to engage with the different community sectors in Bohol to figure out how the council will be best able to help them. They are interested in listening to pulse of the Boholano people and making sure that the council understands the needs of the different communities.
The Bohol ICT Council will be spearheading the current government’s initiative of making Bohol digitally competitive. The new initiative of Digital Bohol which was launched in October of last year will also be a priority for the council this year.
The newly elected Bohol ICT Council officers are as follows:
President: Joanne Phillips
Vice President: Ben Skelton
Secretary: Babie Sarah Ladeza
Treasurer: Grethel Mende
Auditor: Ayeng Castro
Press Relations Officer: Zion Campo
Community Lead for eCommerce: Monica Jane Roldan
Community Lead for Freelancers: Jorine Bryan Agua
Community Lead for Hardware Technology: Roy Bayonas
Outgoing president Ms. Lai Biliran will be turning over the responsibilities to the new president Ms. Joanne Phillips within January.
Gov. Edgar M. Chatto (leftmost) administers the oath of the newly elected officers of the Bohol ICT Council. Outgoing President Ms. Lai Biliran (2nd from right) witnesses the oath with former President Ms. Leah Tiro-Magno (3rd from right).
(Zion Campo, Jerome Auza)
(Photo courtesy of Zion Campo)
(Source: Change is Coming to the Bohol ICT Council)
by admin | Jan 13, 2017 | Headlines, Local News / Bohol Balita
TAGBILARAN CITY, January 13 (PIA)–Tagbilaran City continues to keep up to the demands of a modern city, and beyond its newly concreted roads with drainage systems, Light Emitting Diode (LED) street lights and traffic lights with counters by allocating some P111 million worth of modern infra for 2017.
Sometime within the year, a key element in major big cities in the world would also be installed in Tagbilaran, one that would possibly elevate the city to be among the country’s bustling metropolises from a quaint and laid-back city.
City Mayor John Geesnell Yap said in the next months, electronic information boards would be erected in the city’s thoroughfares as a way to put up announcements and emergency broadcasts.
The development would also be in tandem with the formal setting up of the City Command Center at the basement of the newly refurbished city hall, he added.
Tagbilaran city has pushed for an additional P15 million information Technology development and the installation of citywide surveillance systems through its closed circuit televisions in all major intersections, public schools and barangays.
This would be another vital information supply to the Command Center which would then issue relevant information, or any monitored development worth everybody’s time.
At a meeting with the City Peace and Order Council, Mayor Yap reminded barangay chairmen to submit a list of priority areas where the city could put the surveillance system in their jurisdiction so that they can map out the infrastructure.
All data from these video recording machines would be transmitted to the City Command Center for compilation and immediate reference.
City IT head Charles Borja also said they have completed he mapping of city’s barangays and would soon proceed with the installations.
Emergency announcements, early warnings against disasters, important information would be there for people to see while on the go, hinted Mayor Yap at the Kapihan sa PIA opener for January 2017.
Electronic information board, or LED boards are regular fixtures in streets of major cities, broadcasting announcements, information and even on new products.
For Tagbilaran, traffic advisories, upcoming weather systems, tourism promotions and key information would be a new addition to the already shifting street-scape.
As to street lights, 2017 would be a year for the installation of more LED street lights for the stretch from Bohol Wisdom School to Ubujan, the mayor reported.
The portion is the only stretch of national highway in the city without the city branded street lights.
The mayor, who decided to take a break from the license processing and business permits renewal at the city hall for the Kapihan, also revealed the timeline for the setting up of similar streetlights along Ramon Enerio Street.
In its City Peace and Order and Public Safety Plan, Tagbilaran has allocated some P42 million for these facilities.
Until the city would have completed a concreting project, it can not immediately put up the street lights
For its traffic lights installation to facilitate traffic flow, the city has also allocated P14.4 million, which includes the hiring of traffic personnel, the plan which got approved January 12.
For more concreting projects, by 2017, the city has allocated P54 million for its priority construction for city and barangay roads, reads City local government operations chief Mardonio Roxas. (rac/PIA-7/Bohol)
by admin | Jan 13, 2017 | Headlines, National News
MANILA, January 13 (PIA)–Gisaksihan nila Presidente Rodrigo Duterte ug Japanese Prime Minister Shinzo Abe kagahapon ang paglagda sa pipila ka kasabotan nga nagtinguhang mapausbaw ang kooperasyon tali sa duha ka nasod.
Una na niini ang tabang sa Japan nga mga high-speed boats ug uban pang ekipo sa counter terrorism alang sa Philippine Coast Guard nga nagkantidad og 600 milyon yen.
Usa ka Memorandum of Cooperation ang gilagdaan usab alang sa low carbon growth partnership joint crediting mechanism. Kini naglambigit sa pagmugna og joint committee aron pag-establisar sa basehanan diin ang Pilipinas ug Japan mag-promot sa investments ug ang gamit sa teknolohiya, product systems services ug imprastraktura aron makab-ot ang low carbon growth sa Pilipinas.
Gilagdaan usab ang Memorandum of Cooperation tali sa Philippine Coast Guard ug Japanese Coast Guard nga tinguhang pamalambo pa ang maritime cooperation aron pag-promot sa maritime safety, security ug marine environment protection.
Ang Philippine Communications Operations Office ug Ministry of Internal Affairs and Communication of the Government of Japan nagbayloay usab og Memorandum of Cooperation alang sa proof of concept ug testing sa road traffic information system pinaagi sa data broadcasting.
Gisaksihan usab sa duha ka lider ang pagbayloay og loan agreement alang sa Harnessing Agribusiness Opportunities through Robust and Vibrant Entrepreneurship Supportive of Peaceful Transformation.
Kining inisyatiba, 5 ka tuig nga proyekto sa Landbank of the Philippines, ang financial intermediary sa HARVEST nga magpondo sa eligible investments sa agribusiness enterprises farmers’ organizations. Gisalmotan kini sa Presidente sa Landbank ug sa chief representative sa Japan International Cooperation Agency (JICA).
Sa state banquet nga gi-andam ni Presidente Duterte, gipahayag ni Prime Minister Abe nga gikonsiderar niya ang Pilipinas isip usa ka pamilya ug dili lamang amigo o kaalyadong nasod. (ecb/PIA7-Bohol)
by admin | Jan 13, 2017 | DTI Updates, Headlines, National News
MANILA, January 13 (PIA)–Gi-andam na sa Department of Trade and Industry (DTI) ang himuong pagpautang sa mga gagmay nga negosyante base sa direktiba ni Presidente Rodrigo Duterte.
Usa ka micro-financing program nga pagatawgon og Pondo Para sa Pagbabago at Pag-asenso (P3) ang gitakdang ilusad sa DTI nga ihulip sa ‘5-6’ money lending system.
Matud pa ni DTI Undersecretary Teodoro Pascua sa Consumer Protection Group, target nilang unahon ang mga gagmay nga negosyante sa mga lagyong probinsiya kun padayon nang ipatuman ang bag-ong balaod.
Giingong ang pondo ipa-agi sa mga micro lending institution diin dili molapas sa 26 porsiyento ang interest sa usa ka tuig o dili mosaka sa 3 porsiyento matag bulan.
Gikan sa minimum nga P5,000 ug maximum nga P300,000 ang kantidad nga mahimong ipautang sa mga gagmay nga negosyante. (ecb/PIA7-Bohol)
