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PRRD’s Micro Fund Program to Pilot run this Month —- DTI
Following President Rodrigo Duterte’s directive to replace the “5-6” money lending system and provide an affordable micro-financing for the country’s micro, small and medium enterprises (MSMEs), the government’s Pondo sa Pagbabago at Pag-asenso (P3) program pilots this month in Mindoro, Sarangani and Leyte, among the top 30 poorest provinces, to represent Luzon, Visayas and Mindanao, the country’s trade chief said. “The P3 is designed to bring down the interest rate at which micro-finance is made available to micro enterprises,” said Department of Trade and Industry (DTI) Secretary Ramon Lopez. The 2017 General Appropriations Act has included an initial funding of P1 billion for financial assistance, a part of the planned P19 billion financing initiative for micro and small businesses in the next five years. Helping the poorest The program’s fund will be lent out in the business centers of the poorest provinces (based on poverty incidence), where the participating microfinance institutions (MFIs) and the Small Business Corporation (SB Corp.) can operate. An attached agency of DTI, SB Corp. shall administer the P3 Program, including the creation of a Program Management Office (PMO), which will open a separate back account for the P3 Program, to oversee the management and monitoring of fund. “Fund delivery to microenterprises shall be carried out in either by wholesale lending to non-bank financial institutions like MFI-NGOs, and cooperatives which shall on-lend the fund to beneficiaries or by direct lending by SB Corp,” Sec. Lopez said. Beneficiaries Priority beneficiaries include microenterprises and entrepreneurs that do not have easy access to credit, or are accessing credit at very high cost, such as, micro-entrepreneurs, market vendors, agri-businessmen and... read moreLTO-Tagbilaran, nang-release na sa mga backlog nga driver’s license card
TAGBILARAN CITY, January 10 (PIA)–Gipahibalo sa buhatan sa Land Transportation Office (LTO) Tagbilaran nga nang-release na sila karon sa mga driver’s license card nga na-backlog gikan Agosto 2015 taman Oktubre 2016. Matud pa sa tigpamaba sa LTO-Tagbilaran nga si Florencio “Aloy” Balazuela, kinahanglan lamang moduso sa ilang photocopy sa opisyal nga resibo kun OR nga may nakasulat nga cellphone number sa luyo niini. Apan alang sa mga lisensiyang gi-isyu o gi-renew gikan Nobyembre 2016 pataas, i-release kini sa LTO sa ikaduhang kwarter sa 2017. Alang sa dugang kasayoran, mahimong motawag sa buhatan sa LTO-Tagbilaran sa telepono (038) 501 7781.... read more
Coconut association clarifies AHA’s advisory on coconut oil
United Coconut Association of the Philippines (UCAP) recently issued a statement clarifying the American Heart Association’s (AHA) advisory against the consumption of coconut oil. In the statement, UCAP mentioned that the advisory has gone viral with adverse effect on the coconut oil since it is considered a saturated fat. UCAP called on readers and users of coconut oil to be discerning of the said advisory and news articles drawing conclusion that coconut oil is unhealthy. According to Dr. Fabian M. Dayrit of the Ateneo De Manila University, the AHA adopted a position that ignores the distinction between medium-chain fatty acid (MCFA) and long-chain fatty acid (LCFA) despite the numerous advances in this certain field of science. Coconut oil is mostly medium-chain saturated fats, the healthy type of fat. Detailed comparison of the fatty acid composition shows that coconut oil is very different from animal fat. Hence, studies that assume they are similar are consequently in error. Furthermore, Asian and Pacific Coconut Community also highlighted in their recent statement the words of Dr. Bruce Fife, a USA Certified Nutritionist and Doctor of Naturopathy Medicine, “You cannot say LDL is bad and HDL is good.” He explained the two types of LDL: one small and dense, while the other is large and soft. The large LDL is the type that is used in making bile, hormones, and Vitamin D, which are all good for one’s health. Dr. Fife further concluded that, “Eating coconut oil (and other saturated fats) increases both HDL and the “good” LDL, thus, lowering the risk of heart disease. This is one of the reasons why populations that...Deep Blue H1 price drops, now Php 9,995
The Blue Digital Systems has dropped the price of the Deep Blue H1, from Php 16,995 now it is priced at Php 9,995. The H1 netbook, which was released July of this year, is part of the thriving UMPC market with competitors like the Asus Eee Pc, Neo Explore X1 and Astone UMPC. Due to lack of promotion, the H1 didn’t receive much attention as the others had. But as the cheapest netbook in the market, it sure will catch UMPC fanatics now. Its specs are: VIA C7-M 1.0 Ghz Processor 1GB DDR2 RAM 7.0-inch Wide TFT, WXGA (800×480) Display 40GB Mobile Harddisk Built-in speakers 2 x USB 2.0 Ports 10/100Mbps LAN Wi-Fi 802.11b/g Wireless LAN Card reader Web camera Touch pad with left & right buttons Weighs at 1.2 kg. Up to 4.5 hours battery life Linux Operating System If you prefer a Windows OS, price is at Php...Local News/ Bohol Balita
Gun licensing amnesty up, processing starts August
COUNTDOWN starts before the crackdown on loose firearms begins in November. Government authorities dangle the final gun registration amnesty in October, before police bringing down the full force of the law on transgressors immediately after that. By Executive Order 617 or the National Firearms Control Program, which President Gloria Macapagal Arroyo signed recently, the country has put up a national policy on loose firearms, PSSupt Edgardo Ingking said. The new policy mandates a final amnesty on gun registration to finally beckon unlicensed gun-owners to have their guns accounted for and obtaining a license for it. At the recent Kapihan sa PIA, Bohol top-cop explained that accounting loose firearms becomes a government policy to cut down on crimes involving the use of firearms, and the potential abuse of such in the coming elections. Showing police statistics, Ingking pointed out that from 2004 to 2008, about 97.8% of gun related crimes involve the use of loose firearms across the country. In Bohol, the Philippine National Police (PNP) estimates around 4,232 loose firearms including 2,567 guns with expired licenses. Threat groups like local rebels and criminal elements possess the rest of the unaccounted weapons, PSSupt Ingking said. According to Ingking, an individual who avails of the final amnesty from October 1-31 would exempt owners from penalties and surcharges relative to the expired licenses. He enjoys the much-streamlined licensing process and only pays the license fee from the nearest Land Bank branch. He said aside from the aggressive interdiction operations that police operatives are mandated in pursuance to the corresponding letter of instruction to the executive order, a parallel legislative agenda is pursued...Katigbawan festival hones local talents for bigger competitions
PROVIDING a common training ground for home grown talents to hone their skills worked well for Catigbian, whose annual Katigbawan Festival lent the town the luxury of putting up two quality performances during the recently concluded Sandugo Festival Sunday, July 26. In fact, Immaculate Mary Academy (IMA) Katigbawan 09 grand champion brough home the honors for the town by placing second to grand champion Maribojoc in the province-wide streetdancing and ritual performances at the CPG Sports Complex. Mayor Roberto Salinas, in an interview could not contain his excitement with his contingents’ performances seeing them “now at par with the best of Bohol’s famed street dancing contingents”. “All of the credits must go where they are due,” Salinas said, adding that the two secondary school dancing contingents of his town should be accorded the praises. Catigbian sent Immaculate Mary Academy and Catigbian National High School dancers who vied for the annual Katigbawan Festival street dancing competition last month. Now throwing in their hats for the province-wide competitions last week, both contingents carried Catigbian as their official entry name. “The honor should go to the school administration of both schools, their trainors, the students and their parents who believe that the town could put up a good fight and give other dancing contingents a good sweat,” the mayor who heads the mayors’ league here commented. “The town’s support may not be as big for the two dancing contingents but with the people”s growing desire to excel even in the local competitions has proven to be a huge motivation for these dancers to be in their best at the Sandugo.” he admitted....Guv seeks DPWH endorsement for funding Bohol-Cebu bridge
BOHOL Governor Erico Aumentado successfully goaded the Regional Development Council (RDC7) to prop up the move for the government’s public works department to endorse another mega project here, during the recent full council meeting of the regional development body. Aumentado, who has been so convinced about the feasibility of a multi-access friendship bridge that would cross the shallow channels of Bohol to Cebu has initially sought for grants for its feasibility study. As soon as the feasibility study is done, a Department of Public Works and Highways (DPWH) endorsesent for international funding would allow funding agencies to pore into the project. Finally succeeding in getting a $3M grant from the Overseas Economic Cooperation Fund (OECF) of South Korea, Aumentado then took the privilege of seeking the RDC support to push the DPWH to endorse the project for funding. Despite its non-inclusion from the prepared meeting agenda, Aumentado who sits as the host province’s main representatve reported that the project has already gained a grant for its feasibility study. Rising to the occasion, and to the mutual benefits both provinces can economically get from the proposal, RDC Chair and Cebu Governor Gwendolyn Garcia steered the council to yield in to the Aumentado request. The plan, according to the Bohol governor is to put up a bridge which would connect Tugas Point in Getafe Bohol to the islets within the Danajon reefs and then off to Olango and then in Cordova Cebu. Proposed to be a multi-access friendship bridge, the facility would be a conduit for three major development projects: an open transportation access for Cebu and Bohol land trips; a...BALAs get kits, awards during ‘09 Congress
PROVINCIAL leaders here turned over new Barangay Livestock Aides (BALA) kits to 1300 livestock volunteers as the province celebrated its annual BALA Congress and Governor Aumentado Horse Show Cup July 29, 2009 at the CPG Sports Complex here. “This is simply our way of thanking the BALAS for their commitment and support for Bohol’s livestock industry, said Vice Governor Julius Caesar Herrera a few minutes after the turn over of the kits. The kit includes a belt bag, surgical needles, scissors, surgical blades and forceps and a custom printed t-shirt for the volunteers. In a province, which lacks livestock technicians and veterinarians, Bohol through the OPV launched the BALA to make available at least a ”quasi-livestock technician” in each of the barangays, says Provincial veterinarian Dr. Stella Marie Lapiz. BALA then became an innovative “animal paramedics” and livestock support group working as force multipliers for clearly undermanned Office of the Provincial Veterinarian, explains Dr.Lapiz. The PVET simply cascades livestock technology trainings to these volunteers in the barangays and they in turn disseminate the information to every livestock grower in the province, she said. Previously skeptic barangay residents are now eager to raise their own backyard piggery and poultry farms as they are certain that a “livestock doctor” is available for assistance, OPV sources reveal. Since the implementation of the program, there has been a marked increase in the number of households engaged in livestock rearing, they add. Now networked for more services especially in extending technical help to major livestock dispersal projects here, Bohol’s award winning BALAs play so much for the success of the Lets Help Bohol Programs...PNP 7 exceeds monthly target for renewal of expired gun licenses
The Police Regional Office (PRO-7) has already reached beyond its three-percent monthly target relative to the renewal of expired gun licenses. This is in response to the directive of President Gloria Macapagal-Arroyo for a three percent monthly reduction on the number of loose firearms circulating in the country through EO No. 817 or the National Firearms Control Program (NFCP). Classification of loose firearms is those that are being carried by threat groups, criminal gangs or syndicates and those gun owners with expired license. PRO-7 Regional Director C/Supt. Lani-O Nerez previously disclosed that there are an estimated 52,000 loose firearms in Central Visayas and 1.1M loose firearms nationwide. The Philippine National Police (PNP) at the forefront in the campaign against loose firearms needs to target 33,000 loose firearms by end of August as the EO officially takes effect on August 1 after the implementing rules and regulations of the NFCP have been signed last week. A one-month amnesty from October 1 to 31 is likewise given for gun owners whose weapons have never been registered. After October 31, those guns whose licenses were not renewed and those weapons that were not registered will face stiffer penalties. Those gun owners whose license have expired only need to pay P650 for the renewal of the license under the amnesty program while a P1,000 fee is paid for the registration of those weapons that were never registered. (PIA/FCR) Click here for full...National News
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