EFFECTIVE DEVELOPMENT COMMUNICATIONS UNIT
October 5, 2018
TO : ALL STATION MANAGERS/ BROADCASTERS/ REPORTERS
EDITORS/ PUBLISHERS/ WRITERS / REPORTERS
RE : MEDIA COVERAGE / PRESS CONFERENCE
The Provincial Government of Bohol, through the Office of the Provincial Veterinarian (OPV), together with the Department of Agriculture, Philippine Carabao Center and other stakeholders will hold the 4th Bohol Milk Festival on October 8 and 9, 2018 at the Bohol Cultural Center, this City.
This will be jointly conducted with the 4th National Carabao Conference and the 1st Livestock Technology Expo.
Considering that this a great promotion for Bohol, we are requesting you and your media to cover the event.
We are also inviting your media for a PRESS CONFERENCE at 11:30 am on October 8, Monday; at the Governor’s Mansion. Officials from the Department of Agriculture, Philippine Carabao Center, National Dairy Authority, among others are expected to join in the interaction.
Thank you so much and we hope that you can join us and work together for the best interest of Bohol.
AUGUSTUS E. ESCOBIA
By JUNE S. BLANCO
REP. Erico Aristotle Aumentado (Bohol, 2nd District) is the people’s choice.
This, after Aumentado clinched a 92% satisfaction rating from respondents in his district of the latest round of Bohol Polls conducted by the Holy Name University (HNU) –Tagbilaran’s Center for Research and Publications – with an unprecedented zero dissatisfaction rating.
Aumentado thanked his constituents for the trust and confidence vested in him. He said he sees the high rating as a challenge to do even better for them.
He admits that the fund he has successfully tapped from national government agencies for projects in his district may only be meager and not enough for all their needs. But, he vowed, he will strive even more.
He emphasized that no matter how small such funding may be, he assures them that he will constantly monitor the implementation of the projects to ensure that these are done according to standards and corruption-free.
He said he will not exchange for anything else the joy and satisfaction he feels on seeing the plight of his constituents alleviated with the help of the government.
The solon has been living up to the principles and work ethics of his namesake father and immediate congressional predecessor, former congressman and governor Erico Boyles Aumentado.
Top in his projects are those he pursued after his father’s death, including unfinished and pipeline projects: irrigation from the National Irrigation Authority, electrification of the islands from the National Electrification Administration, road improvement through convergence projects of the tourism, and the trade and industry departments with the Department of Public Works and Highways, multipurpose buildings also from DPWH, livelihood from the Department of Labor and Employment, and medicines and medical consultations from the Department of Health, among others.
TAGBILARAN CITY, Bohol, August 25 (PIA)—A study cited by the national community managed savings and credit associations bared that only very few Filipinos own savings accounts due to the inability of some to present proper identifications top vouch for the depositor.
The same study cited the fact that most people who opts to start a small savings find the documentary requirements in opening an account hard to come by.
Conscious of this, the Bangko Sentral ng Pilipinas (BSP), through a recent Monetary Board resolution, has instructed its supervised banks all over the country to follow a simplified Know Your Customer (KYC) instead of the hard to come by identification documents.
By KYC, instead of forcing depositors to produce IDs, identifying the customer and verifying their true identity can now be based on any document or information reduced in writing, including but not limited to certifications, BSP Information Officer Hazel Cultura bared.
Through Circular 992, series of 2018, BSP through its governor Nestor A. Espenilla Jr., has officially increased access of the country’s unserved and underserved to financial services that also improves financial inclusivity to the poor and the small entrepreneurs, she added.
According to Cultura, the circular which liberalized customer onboarding in the banking world, formally establishes a new system of identifying customers and verifying their true identity.
Previous requirement in opening bank accounts says one must submit at least two (2) valid IDs which could be the new SSS or GSIS ID, driver’s license, a company ID, school ID, Passport, PRC ID, postal ID, or marriage contract, two most recent 1 x 1 ID picture, proof of billing for water and power or a tax identification number.
These requirements discourage a small savings depositor who would most often, change his mind and take his small savings somewhere else.
In 2007, the BSP embraced a more ambitious goal of financial inclusion as a way of bringing the financial system closer to all Filipinos. The overall vision is to build an inclusive financial system where there is effective access to a wide range of appropriate financial products and services.
But with the requirements in place in the Manual of Regulations for Banks (MORB), unless amendments are introduced, financial inclusion remains a distant dream for the poor entrepreneur or depositor, bankers shared the issue.
On this, the Monetary Board, which BSP Gov Espenilla chairs, in its resolution 58, dated January 2018, approved the introduction of the framework for basic deposit accounts, BSP said.
The resolution introduced a new kind of account: the Basic Deposit Account (BDA), one that is designed to promote financial inclusion.
BDA will enable the Filipinos to receive and make payments, own a facility to deposit, using the same basic functionalities that will characterize ease, accessibility, convenience and reasonable cost for banks and customers, BSP through Information Officer Hazel Cultura explained.
The BDA’s minimum key features which the BSP expects banks to adopt, include an opening amount of at least P100.00, does not have any maintaining balance, no reserve requirement, does not have any dormancy charges but with a maximum balance of not more than P50,000, Cultura told members of the Association of United Development Information Officers (AUDIO) during a meeting at Jjs Seafoods Village last week.
For Basic Deposit Accounts which exceed 50,000.00 minimum balance, BSP said the banks should also convert to a regular deposit account.
Even then, banks can still accept normal Savings Deposit Accounts (SDA) that are withdrawable upon demand and through available bank channels.
SDA’s include regular savings account, the interest bearing account withdrawable upon presentation of a properly accomplished withdrawal slip with corresponding passbook or by automated tellering system.
Another kind of SDA is the Kiddie and Teen Savings accounts for children and teens (up to 19) opening with an initial P100.00 deposit and without a maintaining balance.
And then there are other savings accounts that offer tiered interest rates depending on the deposit amount, BSP said. (rahc/PIA-7/Bohol)
BSP’s Hazel Cultura told information officers that the BSP Monetary Board has ruled that IDs may not anymore be needed to start a Basic Deposit Account, to allow more Filipinos to access financial inclusion and start savings deposits. (rahc/PIA-7/Bohol)
Officers of the Association of United Development Information Officers in Bohol (AUDIO Bohol) hand to BSP Information Officer Hazel Cultura a certificate for sharing the BSP’s amendment on bank rules that now opens the gates for small depositors. (rahc/PIA-7/Bohol)
By JUNE S. BLANCO
REP. Erico Aristotle Aumentado (Bohol, 2nd District) has expressed anxiety anew over the “wastage” of public funds in the re-clocking activities of the Department of Public Works and Highways (DPWH).
Aumentado says far from being shattered to merit re-blocking, the concrete pavements are still whole.
He says the Department of the Interior and Local Government (DILG) is heading in the right direction when it started improving local roads.
To note, the DILG has embarked into the Conditional Matching Grant to Provinces (CMGP) program that started with provincial roads but will ultimately include all other roads.
Being one of initially 10 provinces that received grants from the Government of Australia to rehabilitate, maintain and improve provincial roads, Bohol already has a Provincial Road Network Development Plan (PRNDP).
With CMGP, however, DILG has instructed the provinces to upgrade their respective PRNDPs into Local Road Network Development Plans (LRNDP) to include city, municipal and even barangay roads.
It may not be easy, but Aumentado is looking at the possibility that DPWH and DILG can pool their resources together to help local government units (LGUs) improve their roads.
He said LGUs are mandated to allocate 20% of their income for development funds. Since the allocation of barangays and even municipalities are not as substantial as those of cities and provinces to rehabilitate, repair and improve roads, he expressed the desire that funds for re-blocking be spent for the former instead,
DPWH’ re-blocking activities have drawn flak from netizens who bash that agency for the seeming waste of public funds.
To register his opposition to early re-blocking, Aumentado filed a bill seeking to declare concrete roads to be “no touch” to DPWH and its contractors for the duration of their life span.
This means, he explained, roads designed to last for five years, if found still good, should be touched or re-blocked – only when the five years are up.
This will complement President Duterte’s economic agenda, he said.
With the national highways stil “untouchable”, DPWH will have the option of developing qualified rural roads instead.
Only then can the rural areas be empowered to contribute to the economy. To note, Aumentado said, bad roads spell delays in bringing farm produce to the market – make leafy greens wither and less saleable, and worse, at a higher price since habal-habal drivers charge higher fares.
About 176 exhibitors from across the country gather together in this year’s Sandugo Trade Expo, a four-day marketing event organized by the Department of Trade and Industry.
“The Sandugo Trade Expo has already made a mark as one of the country’s most visited fairs,” DTI Undersecretary for Regional Operations Zenaida C. Maglaya said in her keynote message during the fair’s Opening Ceremonies.
Every year, the fair catches the attention of buyers and MSMEs from all over the country and has become part of the travel calendars of major buyers and exporters wanting to source their raw materials here.
“This is the first in 13 years that we have upscaled our provincial fair into a regional marketing event, that we have generated this much number of exhibitors, and there are still those who we could not accommodate,” Director Caberte said.
As in past years, the trade expo has assisted more than a hundred micro, small and medium enterprises (MSMEs) from Luzon, Visayas and Mindanao. This year however, exhibitors have come all the way from CAR, Regions 1, 4A, 4B, 6, 7, 8, 9, 10, 11, 13.
“DTI 7 Regional Director with Undersecretary for Regional Operations Zenaida C. Maglaya and Assistant Secretary Demphna Du Naga, during the opening of exhibits at the Sandugo Trade Expo 2018. (photo by Vierna Ligan)
By JUNE S. BLANCO
RISK REDUCTION and disaster management have become ingrained in the senses of Filipinos – Boholanos included – especially after the Great Bohol Earthquake on Oct. 15, 2013.
This prompted village officials to scout for a vacant area near their respective barangay halls for multipurpose buildings. Rep. Erico Aristotle “Aris” Aumentado (Bohol, 2nd District) has been distributing P750,000 as counterpart funds.
Aumentado assures his constituency that all 349 barangays were allocated shares from funds from the Department of Public Works and Highways (DPWH).
He said he is distributing the assistance, not counting if he won of lost in that barangay during the last congressional election. Aftr all, he added, the residents who did not vote form him are still his constituents.
The multipurpose building doubles as evacuation center so that in times of emergency like flooding or typhoons, the public elementary schools can immediately resume classes.
Sessions are usually delayed when the schools are turned into evacuation centers because the families staying there have to gather their things first.
Aumentado adopted the “win or lose” stance in distributing the assistance because, he says, his is a governance of unity, not vindictiveness, and unity, not divisiveness, working towards a common goal.
He opts for equal sharing – not selective, and with impact. This means, he explained, the fund is substantial and not palliative like others who select their recipients of only P5 or P10 million.