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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 Visayan Lifestyle, p9 BUSINESSPOSTthe World, p7 Breaking news in the countryside twitter Visayanbizpost Visayan Business Post website visayanbizpost.com Vol. I, No. 2 11 Sections P12 MONDAY, 26 MAY 2014 Inside SPECIAL REPORT The VBP News Team Tacloban City, Leyte TACLOBAN, Leyte – The race is on for the immediate recovery of small and medi- um enterprises lost to super typhoon Yolanda in Eastern Visayas. Entertainment, p10 Trade and Industry Re- gional Director Cynthia Reyes Nierras told the VBP News Team that DTI has deter- mined that the region’s small and medium enterprises sec- tor suffered greatly from su- Parenting, p10 per 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 HARVEST SEASON. Rice farmers in rural Leyte begin harvesting and threshing out rice in time for the enrollment season where that part of DTI’s ‘Tindog p5 most proceeds from farming revenue usually go after summer. Photo by Jn Grey Industry, 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 and technical training. The through the caravan sale and IDENTIFIED NEEDS continued close monitoring facilitation of transport of To efficiently help small DTI has a Small and Medium of prices of basic commodi- goods from Luzon and other and medium enterprises, DTI Enterprises Roving Academy ties and making sure that areas into the region with the has identified their immediate or SMERA being used for this supply is stabilised while help of the Department of So- needs. “Part of this is the need purpose. quality of goods being sold in cial Welfare, Department of to provide access to technolo- Businesses however asked the typhoon-hit areas do not Transportation and Commu- gy and market, proper product government for financial as- decline especially in the local nication, and Office of Civil development, and enhancing sistance so that they could construction industry. Defense. Supply has become the supply chain”, said Nier- immediately restart their op- “The bringing of basic prod- normal now and this status is ras. erations, since most of them ucts into the areas hit by the helping a lot of people feel bet- Technology, Nierras clari- went down to negative capi- BOTTLED WATER. Mahaplag, Leyte sneaks into the thriving water business with its natural mountain water. (VBPNT) super typhoon was made easy ter”, added director Nierras. fied, include stress debriefing Small and medium/p2 Tourism down across Visayas, Government releases P802M to Yolanda areas ‘voluntourism’ up in Tacloban The VBP NEWS TEAM considered as critical to gov- of Leyte where he person- to the Tacloban city hall, the Leyte The BVP NEWS TEAM, Western Visayas ernance in Haiyan-hit prov- ally handed the checks to lo- city’s public market and other inces and municipalities. cal government officials who vital centres. MANILA – True to the ear- “The buildings are needed were able to earlier submit Local governments that CEBU –– Officials in Sta. Fe town in Bantayan lier assurance by Leyte Gov- to facilitate the full normalisa- to the Department of the In- were able to earlier sub- have reported that tourist numbers have fallen ernor Leopoldo ‘Mic’ Petilla, tion of local government ser- terior and Local Government mit their Program of Works during the Holy Week, compared to previous Malacañang has announced it vices”, according to Secretary required documents for the (POWs) for damaged build- years, in the wake of damage caused by super ty- will release soon all of P1.791 of the Interior Manuel Roxas rehabilitation of their munici- ings were the ones who re- billion initially earmarked for II as he visited to hand over pal buildings. ceived the initial tranche of phoon Yolanda. Carmen Bohol Mayor Jun the rehabilitation of vital in- checks amounting to P802 Roxas disclosed that the funds according to Roxas. Despite the good weather, Turibio said recently that frastructures like municipal million to various local gov- biggest amount of funds re- The municipalities were Sta. Fe Mayor Jose Esgana the number of visitors to the buildings, public markets, ernments in the Visayas. leased was P230M which is to also required to forward a estimated that tourist num- Chocolate Hills National health and other civic centres’ Roxas visited the province be spent on immediate repairs bers were down this week Monument, a region hoping Government releases/p3 by 30 to 35%. The town, he to be named as a World Her- said, had around 350 rooms itage Site, has decreased by for visitors before Yolanda “almost 50 percent.” Ormoc to reform Investment Code NIA, DENR forge PCG to inspect struck. However, less than Before the quake, we hotels, resorts /3 The VBP NEWS TEAM resentatives from the Sang- 300 were currently available would get as many as 4,000 watershed man- North Leyte gunian Panglungsod will sit HK compromise as repairs to some resorts visitors a day, he said, but down with members from the agement accord improve Phil se- were still ongoing. major aftershocks, as recent ORMOC CITY –– Recogniz- executive department to de- curity rating/p4 Esgana said it would like- as February 21st, were dis- The EWS EAM ing the steady flow of invest- termine which of the key areas VBP N T ly take 2 to 6 years before couraging tourists from re- Western Visayas Succeed with a ments and the need to keep of local investments will be their tourist industry could turning. sari-sari store/p5 them in, city mayor Edward given priority. ILOILO –– The National fully recover, even with help However, Joshue Hinay, S. Codilla has created an ex- Eyed is the inclusion of in- Irrigation Administration It makes my from the National Govern- Bohol Island Tour Guides ecutive commitee to look into centives for businesses that (NIA) Region 6 and the De- heart bleed/p7 ment. Association of the Philip- possible reforms that will employ many persons and partment of Environment and Declutter your In Bohol, more than 5 pines president said, from eventually update the city’s help in the growth of the gen- Natural Resources (DENR) months after the devastat- his point of view, the drop in home/p9 Investment Incentives Code. eral local economy. Tingson here have agreed to delineate ing earthquake in October tourism was more like 85%. Talk to your kids City licensing chief Emilio noted the increase of business responsibility over manage- last year, the region has also “For tourist guides Tingson disclosed to the Busi- activity in Ormoc because of ment of watershed areas in like an adult/p10 suffered major reduction in like me, it’s at 85%. We ness Post that the technical development in business fa- Panay. Palaro ‘14 Overall tourist numbers. Tourism down/p3 committee, composed of rep- cilities in the City. NIA, DENR forge/p6 Results/p12 2 Monday, 26 May 2014 Editor JOHN ALFRED KABALICAN breakingNews [email protected] THE TRUTH AS IT HAPPENS. Small and medium enterprises need to recover -- Nierras FROM PAGE 1 ras was brought about by the “cash basis” transactions that talisation status after the su- local businesses had to adopt per typhoon. with the loss of local credit facilities. CREDIT FACILITIES “The big challenge for DTI FOCUS LIVELIHOOD was the fast provision of Nierras however cautioned start-up kits consisting of soft that certain specific require- loans that micro and small ments are needed to be passed enterprises could avail if their for key investment concerns businesses qualified under the or “focus livelihoods” and pre-assessment process of the that DTI can only recommend lending institutions that gov- application approval. The ernment tapped to help out”, livelihoods are mostly food disclosed Nierras. processing micro and small These institutions included enterprises that benefit not the Landbank, Development only the business owners but Bank of the Philippines, and the people employed by them. DTI’s Small Business Corpo- “The lending institutions ration. themselves would have to The need to provide soft make the final determination IMMEDIATE LIVELIHOOD. Sources of subsistence income like the making and selling of local food delicacies in Barangay term loans according to Nier- on each application for soft Cuatro de Agosto, Mahaplag, Leyte is one of many livelihood areas being given priority by government. (Photo by VBPNT) financing”, said Nierras. funding may be able to fill in But what is important now some gaps but local efforts are is that these facilities exist very much needed in order for for businesses to go to if they us to achieve optimum recov- need immediate financial as- ery”, said Nierras. sistance. VBP learned that, so far, out of 64 affected mu- CONSTRUCTION INDUSTRY nicipalities almost 200 appli- Meanwhile, the local con- For individually paying members cations have been submitted, struction industry here is Benefit Coverage 100 of them have been project beginning to move as more visited by the DTI and finan- building supply establish- Inpatient Coverage PhilHealth provides subsidy for room and board, drugs cial institutions for assess- ments try to resume business. and medicines, laboratory exam, use of operating room ment, and more than 50 appli- A GI sheet manufacturer has complex and professional fees for confinements of not cations have been allowed to also arrived to provide cheap- less than 24 hours. receive a soft loan.

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