The Ilocos Times

TYPHOON IMPACT. One of the two Chinese vessels that ran aground at the shore of Currimao, Ilocos Norte on Friday (Nov. 8, 2024) due to to strong winds and waves caused by Typhoon Marce (international name Yinxing). Both vessels are processing their conversion as domestic traders.  Photo courtesy of Currimao LGU Currimao , Ilocos Norte—Authorities are monitoring possible oil leaks from two foreign vessels that ran aground in the Currimao shoreline early Friday, Nov. 8, 2024, because of strong waves and wind brought by typhoon “Marce” (international name Yinxing) MV Aries 1 and LCT PanPhil 8 were anchored at the Currimao port but were dragged to shallow waters, Lt. Joseph Christian Sagun, station commander of the Philippine Coast Guard Ilocos Norte, said in a phone interview. Sagun said both vessels are from China but have all-Filipino crews. MV Aries 1, with five crew members, has been at the Currimao port for five months already. LCT PanPhil 8, with 15 crew members, arriv...

Dear Mr . President: Technically senior citizens are not in the same category as persons with disabilities (PWDs), but in a manner of speaking, many seniors have already lost their abilities to function normally, such that they would already need some of the facilities that are intended for PWDs. But if I may ask you Sir, what does it take for a senior citizen to be considered as a PWD? Is it a cane? Or a walker? Obviously, it is not a wheelchair because if a senior citizen must use a wheelchair, that will already qualify him or her to be a PWD. Aside from some listings in the Office of Senior Citizens Affairs (OSCA) in the local government units (LGUs), that are probably mostly in paper form, there appears to be no reliable electronic databases that are hosted anywhere, at both the national and local levels. As proof of that, most of the local senior citizen’s cards and discount booklets are still in paper form. Aside from that, there is no real monitoring of local business establis...

  Philippine  Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) staff share their disaster risk reduction and early warning systems to training participants. Manila —The United States Peace Corps, with support from the U.S. Agency for International Development (USAID), recently launched the Disaster Risk Reduction (DRR) Toolkit, a comprehensive training guide designed to help Peace Corps volunteers and their partner communities build resilience by enhancing their disaster preparedness capability. The DRR Toolkit contains resources on developing disaster preparedness strategies, conducting risk assessments, managing community resources, and strengthening early warning systems.   As an inclusive training guide, the DRR Toolkit promotes the active participation of all community members in pre-disaster planning. From Oct. 14 to 18, 2024, the Peace Corps gathered 28 of its volunteers, staff, and work partners from the Philippine government and non-...

Dear Mr . President: I beg to disagree with those who have already said that there is no solution to the problem of flooding and that the government could no longer do anything about it. I believe in the saying that for every problem, there is always a solution. Otherwise, mathematically speaking, it is not even a problem if it could not be solved. While it could be said that no country could claim that they have completely solved the problem of flooding, there are four countries that could rightfully claim that they have controlled flooding to a manageable level, which is good enough, I think. To be fair, Mr. President, our people are not really expecting the government to end flooding once and for all. As it is written in our laws and in our budget appropriations, our objective is simply to control the floods, hence the so-called “flood control” projects. I think that in terms of public opinion, the public does not really mind seeing a few inches of flood water every now and then...

To address urgent financial needs during emergencies, Land Bank of the Philippines (LANDBANK) has expanded its available loan packages for businesses and individuals affected by calamities and natural disasters to help facilitate and fast-track rebuilding efforts. Under the enhanced LANDBANK CARES+ ( C ommunity A ssistance and RE integration S upport Plus) Lending Program, affected farmers and fishers, cooperatives, micro, small and medium enterprises (MSMEs), corporations, and electric distribution utilities may access loans to finance their recovery and restore regular business operations. Eligible borrowers may use the funds for working capital, capital expenditures, and the construction, repair or acquisition of disaster-damaged equipment, facilities and structures. Electric distribution utilities can also use the loan as short-term working capital for the incremental increase in generation and distribution expenses. “We want to boost the ability of our clients and partners ...

Balance of payments (BoP) is a comprehensive record of all economic transactions between residents of a country and the rest of the world over a specific period. It includes the trade balance, net income, and net current transfers. Trade balance, on the other hand, is a component of the BoP, which specifically measures the difference between a country's exports and imports of goods and services. A positive trade balance—or surplus—occurs when exports exceed imports, while a negative balance—or deficit—arises when imports surpass exports.   Economic importance 1. Indicator of economic health :   A surplus can indicate a competitive economy, suggesting that local industries are thriving and are able to produce goods that are in demand abroad. A deficit may indicate reliance on foreign goods or a lack of competitiveness, which can raise concerns about economic sustainability. 2. Currency value : A consistent trade surplus may strengthen a nation's currency, making im...

THE lesson we can draw from the parables of the lost sheep and the lost coin (cfr. Lk 15,1-10) is very clear. We need to give special attention and exert special effort to recover those who have lost their way toward God. This is the real test of discipleship. We obviously need some special training for this. But let’s not forget that the first thing to do is to beg for that grace and power of God so we can carry out this duty that is clearly beyond our human powers and condition. In our prayer, we should ask God to instill in us this strong urge to be concerned for those who have strayed from the proper way, those who for one reason or another are ostracized and alienated from God and from the rest of humanity. With God’s grace, let’s embark on a plan to develop the appropriate attitude, virtues, skills and practices. Yes, we have to learn how to be “all things to all men to save at least some,” as St. Paul once said. (cfr. 1 Cor 9,22) Definitely this would require of us a ve...