The Ilocos Times

BBM RICE. Residents buy rice for only PHP29 per kilo at the NIA compound in San Nicolas town, Ilocos Norte province on Sept. 13, 2024. The activity was under a nationwide pilot program of the government to sell quality and affordable rice initially to the vulnerable sectors. (Lei Adriano) San Nicolas , Ilocos Norte —Senior citizens, persons with disability, and solo parents availed of cheap rice sold at PHP29 per kilogram during the grand launching of the Bagong Bayaning Magsasaka (BBM) Rice held at the National Irrigation Administration compound in San Nicolas, Ilocos Norte province on Sept. 13, 2024. “ Maraming salamat Pangulong Ferdinand R. Marcos Jr. sa inyong pagmamahal sa Region 1 lalong-lalo na sa bayan namin sa San Nicolas,” said Violeta Pasion, a resident Brgy.   18 Bingao in this town. The low-priced grains were sourced from the National Irrigation Administration’s (NIA) contract farming with irrigators' association members in the province. Along with Pasion, Epi...

National policy changes, coupled with training, advocacy, and incentives, can empower women-led micro, small, and medium enterprises (WMSMEs) in Metro Manila to adopt circular economy principles. This shift can unlock significant economic opportunities, driving sustainable growth and environmental progress. These were highlighted at a webinar conducted by the Philippine Institute for Development Studies (PIDS) in support of the celebration of National Women’s Month. The webinar featured the study “Assessing the Adoption of Circular Economy among Women-Led MSMEs in Metro Manila: A Pilot Study” by Foreign Service Institute of the Philippines-Center for International Relations and Strategic Studies former chief research officer Jovito Jose P. Katigbak and senior foreign affairs research specialist Jemimah Joanne C. Villaruel. Despite the increasing prominence of circular economy or CE as a strategy for achieving sustainable development, the study reveals a concerning knowledge gap am...

Ilocos Norte Governor Matthew Manotoc speaks during the “INvest: Ilocos Norte Investment Conference” at Ascott Bonifacio Global City in Metro Manila. Taguig City —"Consider me your partner and your advocate, I will be here personally to make sure that your business is also our business, and we take care of our investors in Ilocos Norte. Make it happen in the Philippines, make it happen in Ilocos Norte,” remarked Ilocos Norte Governor Matthew Joseph M. Manotoc as he delivered his welcome message at an investment conference hosted by the Provincial Government of Ilocos Norte (PGIN) on Aug. 27, 2024 Government officials, foreign ambassadors, and representa tives from private businesses participated in a one-day event titled “INvest: Ilocos Norte Investment Conference” at Ascott Bonifacio Global City in Metro Manila. Organized by the Ilocos Norte Trade and Investment Center, the event featured experts in the field of investment promotions who shared experiences and valuable guidan...

What is the difference between GDP and GNP? What economic indicator measures economic growth? What is below poverty line level relative to GDP and GNP? How would you determine if our economic well-being is above the poverty line? Can we discuss various economic terms that describe the economic life of the Filipino people? Are we satisfied with our economic managers in dealing with our poverty problems and corruption? What other alternative measures can we interject to correct our low economic life? Certainly! Let's break down questions one by one.   Difference between GDP and GNP GDP (Gross Domestic Product): Measures the total value of all goods and services produced within a country's borders over a specific time period. It focuses on location. GNP (Gross National Product): Measures the total value of goods and services produced by the residents of a country, regardless of where the production takes place. It includes income earned by residents from investments abr...

Economic growth and economic development are related but distinct concepts in the field of economics. Economic Growth Definition: Economic growth refers to the increase in the production of goods and services in an economy over a period of time. It is typically measured by the increase in the Gross Domestic Product (GDP) of a country. Focus: Economic growth focuses on quantitative increases in the output of an economy, often measured by factors such as GDP growth rate, employment levels, and productivity improvements. Indicators: Indicators of economic growth include rising incomes, increased industrial output, higher levels of employment, and growing trade.   Causes: Economic growth can be driven by factors such as increases in capital investment, technological progress, population growth, and improved infrastructure.   Economic Development Definition: Economic development is a broader concept that encompasses not only economic growth but also improvement...

In a capitalist country like the Philippines, understanding the dynamics of supply and demand is crucial for determining the prices of goods and services. When the supply of goods and services is high while the demand is low, prices tend to decrease due to excess supply. On the other hand, when the demand is high and the supply is low, prices tend to increase due to scarcity. Inflation occurs when there is a sustained increase in the general price level of goods and services in an economy over a period of time. Inflation can be caused by various factors, such as an increase in the money supply, higher production costs, or strong demand relative to supply. In a globalized economy like the Philippines, with extensive trade relations involving both exports and imports, external factors can also influence the domestic economy. For example, fluctuations in the prices of key commodities like oil can have a significant impact on the country's economy, affecting production costs and c...

Transforming Laoag City into a “Smart City” can certainly be a challenging endeavor, especially when faced with issues such as poor governance, lack of good leadership, incompetency, and a sluggish economy. However, it is not impossible to make progress towards this goal. Here are some steps that the local government unit (LGU) of Laoag City can consider to work towards making the city smarter: Develop a Comprehensive Smart City Plan : The first step is to create a detailed plan that outlines the vision, goals, and roadmap for transforming Laoag City into a smart city. This plan should include specific initiatives, timelines, and key performance indicators to measure progress. Build Partnerships : Collaboration with private sector companies, academic institutions, and other stakeholders can bring in expertise, resources, and funding to support smart city initiatives. Public-private partnerships can help overcome financial constraints and accelerate the implementation of projects. ...

For so many years now, many LGUs have been trying to implement waste recycling programs in their own localities, but very few seem to have succeeded. By the looks of it, many local officials seem resigned to the idea of doing the same thing repeatedly, and expecting different results, which is Einstein’s definition of insanity. Is it therefore the time now to try something different? So that we could have different results? Instead of just having one type of garbage truck picking up both biodegradable and non-biodegradable waste materials, why not have two separate trucks to do that, with two separate schedules? That way, the biodegradable waste, which is mostly food waste, could be brought directly to a biodigester facility, where these could be composted and converted to organic fertilizer. Without the biodegradable waste, it would be easier to sort the non-biodegradable waste, which is mostly recyclables. Better still, we should make it compulsory to sort or segregate the non...

VINTAR  residents revive loom weaving that once thrived in the community. (Photo courtesy of Erwin Suguitan) By Leilanie G. Adriano Vintar, Ilocos Norte—A vintage photo of a woman manually spinning thread in Vintar, Ilocos Norte, documented by an American writer in 1920, has sparked interest among residents to revive a cultural gem that once flourished in this landlocked municipality. Vintar, located some 330 miles north of Manila, was once known for Abel Iloco or Inabel, the traditional loom weaving industry. "A good friend sent this photo to me and I thought what a glorious way to display the history and culture of Vintar,” municipal tourism officer Erwin Suguitan told The Ilocos Times . He said the industry was said to have flourished “in the north of the river,” citing as proof a loom weaving machine displayed at the Museo de Siwawer at Brgy. Abkir. “And now, here comes this picture and its writeup that was copyrighted by a certain H. V. Rohrer and taken from the US ...

By Noralyn Dudt In one of the first recorded Bitcoin transactions in 2010, a hungry computer geek in Florida spent 10,000 of the cryptocurrency on a couple of takeaway pizzas. By late 2017, the cost of those pizzas at Bitcoin's then market price was close to US$200 million. Not too long after that, the leading crypto's market value surpassed many of the world's largest companies, including Boeing, Toyota and McDonald's. Unbelievable? Such a vast sum, yes   for little value. Was it real ? Yes it was... but it didn't last long because it was just a bubble floating in the air. As with many other "bubbles" in the past this bubble also burst. Surely investors'   initial giddiness and excitement was soon wiped out when they realized that   their money was gone. But how can one explain   such irrational and irresponsible thinking—that investing a dollar in something "in the air" would yield a million times in such a short time?   It has to be...

By Dominic B. dela Cruz ( Staff Reporter) City of Batac —As the Christmas season goes into high gear the New Year beckons, four local government units in the province said they will have a reduction of their annual budgets in 2023 compared to this year. Batac Vice Mayor and Sangguniang Panlungsod presiding officer Atty. Windell D. Chua said this city will have a decrease of PHP70 million for next year compared to the current budget. From the PHP903,677,575.48 2020 annual budget, the Batac council only approved PHP833,473,836.08 for the 2023   annual budget. Among the major reasons for the decrease, Chua said, was the National Tax Allocation (NTA) share reduction wherein the city government here had PHP 107 million less, or 14.46%, from their last year’s share. Chua promised though that services offered by the city government,   particularly in the agricultural sector, health, social welfare and infrastructure projects will not be affected, adding only the budget for ...

LAOAG CITY—Small farmers in rain-fed farmlands of Ilocos Norte will now have a chance to grow high-value crops even during summer by harnessing the power of the sun as alternative energy. Tapping the sun's energy is the new craze at Brgy. Lang-ayan in Currimao, Ilocos Norte, where a solar-powered irrigation system with at least four solar panels was installed near a communal food garden where its residents can grow off-season fruits and vegetables. Funded by the province’s share from the tobacco excise tax, there are four units of this kind of small-scale irrigation project being pilot tested in the second district of Ilocos Norte where water is scarce during the summer months of March to May or even longer due to prolonged El Niño phenomenon. The other units are located in the rural Barangays of Camguidan and Camandingan in Batac City and Barbar, Pinili town. The solar-powered irrigation system worth PHP486,250 per unit may be a bit costly for small farmers but in the long...

By Leilanie G. Adriano  (Staff Reporter) LAOAG CITY—Another batch of 1,000 farmers received a soil fertility package covering 250 hectares last week in the continuing soil restoration program of the Ilocos Norte government. For every hectare, the local government provides at least 20 sacks of organic fertilizer, urea (nitrogen fertilizer), and gypsum (soil conditioner) to help rehabilitate farmlands and boost production efficiency. Soil experts say agri-gypsum is a good source of calcium and sulfur and improves soil characteristics. It helps soil better absorb water and reduces erosion. “This is enough to restore the soil fertility if we get the appropriate measure for every hectare. That is why we are asking our farmers to do their share,” Edwin Cariño, head of the Sustainable Development Center, said during the March 16, 2021 ceremonial distribution at the Rizal Park here. Cariño said the soil restoration program started during the term of then-Ilocos Norte Governor and...

Laoag City --The city government here is set to grant financial relief to displaced overseas Filipino workers (OFWs) who are registering new business here. The approved measure was sponsored by Laoag councilor Handy T. Lao in connection with RA No. 11494 also known as the “Bayanihan Recover as One Act ” which provides that “the State shall establish mechanism to reduce the adverse impact of COVID-19 ion the socioeconomic well-being of all Filipinos through the provision of assistance, subsidies and other forms of socio-economic relief”. According to Lao, there are several OFWs from Laoag who lost their jobs, work or employment abroad during the COVID-19 either through “end of contract”, termination, resignation, dismissal, or other mode of termination that needs financial relief in registering new business during the year 2021. The urgent measure further states that the displaced OFWs shall submit proof of work or employment abroad, notice of termination or any proof of terminat...

  LAOAG CITY—The provincial government here is eyeing to increase its share in tobacco excise tax with strengthened monitoring this trading season. In partnership with authorities from the provincial government, the League of Municipalities of the Philippines, the National Tobacco Administration (NTA), and the Philippine National Police, the transport of tobacco outside the province will be monitored in border checkpoints to ensure that tobacco grown in Ilocos Norte are properly documented. Recently, the monitoring task force representing these four agencies convened a meeting at the NTA in the City of Batac to familiarize themselves with the legal basis for the issuance of NTA trading rules and regulations, as well as the rules and regulations in the implementation of regulatory activities. Luzviminda Padayao, NTA officer-in-charge, said during the orientation that the subjects of inspection include traders, vehicles carrying tobacco as well as its volume and capacity, amo...