Regional dispersal beneficial to labor

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Part of Business Day Special Report

Title: Regional dispersal beneficial to labor
Language: English
Source: Business Day Special Report March 27, 1974
Year: 1974
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Fulltext: fyge 20 Bueinsaa Day March 27. 1974 Regional dispersal beneficial to labor The regional dispersal of industries program of the Board of Invest ments has so far benefitted Southern Tagalog Northeastern Mindanao. The rest of Philippine provinces or regions have not attracted enough industries to enable them to sustain the high migratory flow of labor. The Southern Tagalog area (Batangas, Cavite, Laguna, Oriental Min doro, Palawan, Quezon, Rizal) attracted a total of P548.5 million invest ment between July, 1968 and December, 1972. This was 22.85 per cent of the P2.4 billion committed to implement Board-regis tered projects during this period. From January to December, 1973, BOI data show that a total of P 141.0 million have already been committed to Southern Tagalog pro jects. The province of Batangas, out of this total, has a share of P47.8 million, Rizal, P53.6 million and Laguna, P32.2 million. Bigger share Investment commit ment from July 1968 to December, 1972 is even bigger in Northeastern PAINTS ELIZALDE & CO., INC. MABUHAY VINYL CORPORATION For the past 120 years, Elizalde has continuously served the nation. Today, more than ever, it is fully aware of its role as one of the nation's pillars for progress. Through its varied industries, it benefits millions of Filipinos, provides them a better way of life. Through its humanitarian efforts, civic and sports activities, it has given hope to many. In the far reaches of the islands, Elizalde is there to extend help and know- how, giving the Filipino a better outlook on life. Today and the coming generations. He is the new hero. Because he builds. As you do. A nation. Proud of its heritage. Proud of its accomplishments. Confident of its future. And now. Under a new order. He is recognized. And he reaps its reward. As you do. A share in the profits of capital. Due compensation for honest labor. Under a New Society. And of yourself. He is the new hero. His, is the courage to serve without fanfare. Without drama. BE PROUD OF HIM! March 27, 1974 Business Dey Page 21 Mindanao. Of the P2.4 billion total investment project cost, Northeastern Mindanao (Agusan, Bukidnon, Lanao del Norte, Lanao del Sur, Misamis Orien tal, Surigao del Norte, and Surigao del Sur) got a significant P1.5 billion investment share or 62.5 per cent of P2.4 billion While Southern Luzon is considered attractive for agro-based industries, Northeastern Mindanao is favored as a site for wood processing facilities because of its high timber output. Surigao del Norte alone has attracted as much as P1.0 billion in invest ment between July, 1968 and December, 1972. Lanao del Norte accounts for over P229 million private invest ment in the area. However, the same situation does not hold true for other regions or provinces. Despite grow ing control on the part of the Board to regulate the siting of manufactur ing facilities, marketing and raw material con siderations play an important part in project locations. Cagayan Valley (Caga yan and Isabela) attract ed P2.7 million only in investments; Eastern Visjayas (Leyte and Samar) cirew P8.4 million; Western Minda nao (Zamboanga del Sur and Sulu), P15.1 million. Limited flow When compared to the volume of invest ments committed to both Southern Tagalog and Northeastern Minda nao, the capital flow to these following regions continues to be small: I locos (Mountain Pro vince, La Union, Pangasinan), P54.7 million; Central Luzon (Bataan, Bulacan, Zambales), P56.3 million; Bicol (Albay, Camarines Norte, Camarines Sur, Masbate), P50.7 million; Western Visayas (Capiz, Negros Occidental, Iloilo), P39.5 million; Central Visayas (Cebu, Negros Oriental), P31.6 million; and Southern Mindanao (Cotabato, Davao), P65.8 million. At the end of Decem ber, 1972, there were a total of 102 plants sited or being sited by BOIregistered proponents in Central Luzon. Of this total, 78 manufacturing facilities are in Rizal. Between January to December 1973, an add itional 22 plants are to be sited in Central Luzon out of a total of 51 plants approved. Of the 22, 17 are to be loc ated in Rizal. Between July, 1968 (Continued on page 22) 8. com. Act No. 452, u amended by RA 1252 Granting of leases and permlti for paitura lands. Leasee or permittee must be citizens of the Phil. Leasee or permittee must at least 60% Filipino capital. RETAIL TRADE 1. Rep. Act No. 1180 (Retail Trade Nationalization Law.) Regulation of retail trade business. Privilege granted only to Filipino citizens effective May 15, 1954. Allens engaged In the retail business prior to May 15, 1954 may continue to do so until death or voluntary retirement of license or forfeiture of his Privilege grantee only to organizations with 100% Filipino capital. Allen organizations engaged In the retail business prior to May 15, 1954, may continue to do so until the expiration of their term but not beyond June 19, 1964. 2. Rep. Act No. 1292 Granting and underwriting of credit facilities for the operation of retail business. Grantee must be Filipino citizen who Is a bona-fide retailer. No provision. RICE 8, CORN 1. R.A. No. 3018, as amended Regulation of the rice and Filipino citizens by P.T). 194 corn Industry. 2. Sec. 1172, Ch. 30 (Customs Law), Public Act No. 271, (Rev. Adm. Code); Sec. 806, RA 1937 Issuance of certificate of Philippine register to vessels of domestic ownership for coastwise trade. Note: This function has been transferred to the Philippine Coastguard under RA 1573. Grantee must be Filipino or American citizen residing In the Phil. 3. Sec. 1176 1/4 foe cit. 4. Sec. 1202 toe cit. 100% Flllplno-owned corporations. However, aliens can engage In this business upon authority from NGA with a Flllplnlzatlon requirement of 60% within a period to be determined by the NGA. Only Filipino banks may be designated by the Rice and Corn Administration In which money for the payment of palays, rice •nd corn may be deposited. Grantee must have at least 75 per cent Filipino or American capital. The president and managing directors must be citizens of the Philippines. Issuance of license fo> exclusively for pleasure. ■ yachts Licensee must be Filipino or American citizens. No provision. Limiting number of personnel on board engaged In coastwise trad: foreign Officers and crew must be Filipino or American citizens. Not applicable. lConiif.iieltvnpage-22) IMPERIAL TEXTILE MILLS. INC. KM. 21 MACARTHUR HI-WAY MARILAO, BULACAN, PHILIPPINES MANILA LIAISON OFFICE: 2ND FLOOR NAREBEL BLDG. 917 JUAN LUNA STREET MANILA, PHILIPPINES TELEPHONES: 20-26-18 21-86-76 26-37-30 Page 22 Business Day March 27,1974 (Continued from page 21) 5. Sec. 1212 loc cit. Issuance of bay and river Owner of vessel must be Filipino or American citizen. Owner of vessel must have at least 70 per cent Filipino or American capital. 6. Com. Act No. 606 (Charter Party Law) as amended by RA No. 913 Sale, lease, charter or transfer of vessels and shipping facilities owned In whole or In part by a citizen of the Philippines or by a corporation organized under Philippine laws. Vendee, lessee or transferee must be citizen of the Philippines or United States or of any other country not at war with the Philippines. Vendee, lessee, or transferee must have at least 75 per cent Filipino or American capital. 7. Sec. 2, RA No. 1187 (Philippine Overseas Shipping Act), as amended by RA Nos. 4146; 5963 Exemption from payment pf taxes on Income derived from overseas shipping business and Overseas service. Owner, operator or constructor must be Filipino citizen. Owner, operator or constructor must have at least 60% per cent Filipino capital. Grantee must have at least 60 % per cent Filipino capital. 8. Sec. 3, loc cit. Grant of loans to finance Grantee must be Filipino citizen, acquisition and operation of oceangoing vessels. Vendee must have at least 60% per cent Filipino capital. Regional dispersal beneficial to labor 9. Sec. 7, Loc cit. Sale of vessels mortgaged to the Government. Vefidee must be Filipino citizen. The vessels must be owned by citizens of the Philippines or corporations or associations at least 5% of the capital stock Is owned by Filipinos. 10. Sec. 806 as amended, of the Tariff and Customs Code of the Phil. Registration of vessels to be used in coast-wise trade* TIMBERLAND AND FOREST PRODUCTS 1. Secs. 9 & 11, Art. XIV, Const of the Phil. 2. Public Act No. 2590 Issuance of permit to hunt and collect protected wild life. Permittee may be see Opinion of theP Sec. No provision. Justice, dated April 20, 1948 restricting Issuance of permit to Filipino citizens. * The Monetary Board with approval of the Pres, may reduce the required ownership to 60%. * Pres. Decree No. 43 (Nov. 9, 1972) provides for 60% Filipino equity In a buslne-. relating to the fishing Industry. Although there Is no express repeal of the following provisions, It seems a reasonable presumption that tne 61% Is now reduced to 60%. . engaged n-coast-wise trade per decision of the Supreme Court In the case of Commissioner of Customs Vs. r Borres, et. al.,.G.R. No. L-12->87, November 28, 1959. ’ (Continued from page 21) and December, 1973, Northeastern Mindanao would have sited 37 plants, of which 10 are in Misamis Oriental. The small number of plants to be located in this area is compensated by the value of the machineries to be installed here. Investment in machinery and equipment of pro ponents in this area is expected to total $246.4 million at the end of December, 1972. Employment generation The number of per sons to be employed in Southern Tagalog and Northeastern Mindanao will naturally be greater than other areas in the country. According to BOI data, there would have been some 48,468 persons to be directly benefitted by BOI pro jects at the end of 1973. Out of this total, 19,976 persons or 41.2 per cent will be absorbed by Cen tral Luzon while 10,001 or 20.6 per cent of the total will be employed in Northeastern Min danao plants. Some 14,478 will be employed in Rizal Province alone and 3,201 in Surigao del Norte. At the end of Decem ber, 1972, oniy~ six plants were located in uppc A BOI-registered, preferred, non-pioneer enterprise manufacturing MULTIWALL KRATT PAPER FOR PACKAGING • SUGAR • FLOUR • FERTILIZER • CEMENT • ANIMAL FEEDS • MEAT, FISH, POULTRY & FROZEN FOODS • AND HUNDREDS OF OTHER PRODUCTS For more detailed information, write or call; United Pulp and Paper Company, Inc. 3OO Bank of P.l. Bldg., Ayala Ave.. Makati, Rizal LVfTrM Tel. S9-97-31 to 09-97-36 MATLING INDUSTRIAL AND COMMERCIAL CORPORATION 8th Floor, Building 1515, Roxas Boulevard Ermita, Manila Philippines CALL 50-96-76 to 78 AGRICULTURAL PRODUCTS: CASSAVA STRACH, COPRA, CACAO, CATTLE March 27, 1974 Business Dey Page 23the I locos area benefitting only 1,483 persons. Cagayan Valley has only two BOI registered plants creating job employment for only 527 persons. While there are 12 plants sited in Central Visayas, 10 of these are in Cebu. Despite this number, ■these plants should only be absorbing 1,522 per sons. In payroll terms, more people are being benefitted in Southern Taga, log and Northeastern Mindanao. The projects in Southern Tagalog would have created an annual payroll of P66.5 million by the end of 1973. Northeastern Min danao's payroll based on projects located here total P52.3 million. Payroll In Southern Tagalog alone, Rizal province tops the payroll list with P36.4 million annually. Surigao del Norte in Northeastern Mindanao comes second with an annual payroll of P22.0 million. Between July, 1968 and December, 1972, the dollar portion committed to implement these priority projects cost over $600 million of which $594 million consist of purchases of .machinery and equip ment. Latest figures *how that between January and December, 1973, $69.1 million are fresh addition to the dollar segment as a result of registration and approval of new pro jects. Of this, $68.2 million were to go into purchases of capital equip ment. By region Northeast ern Mindanao will get most of these equipment ,valued at over P246 million. Southern — log comes close $243 million. By province, Rizal outranks the rest with more than $101 million worth of equipment or 41.56 per cent of the total investments in machineries. Tagawith INVESTMENT GENERATION OF BOI-REGISTERED PROJECTS BY REGION July 1968 - December 1973 TOTAL INVESTMENT INVESTMENT IN MACHINERY & EQUIPMENT July 1968 - December 1972 January — December 1973 July 1968 - December 1972 January - December 1973 Peso Portion Dollar Portion Peso Portion Dollar Portion Peso Portion Dollar Portion Peso Portion Dollar Portion Region (P000) ($000) (P000) ($000) (P000) ($000) (P000) ($000) TOTAL 2,403,473 600,770 328,294 69,120 112,661 594,482 17,682 68,907 Region 1: 1 locos 54,747 17,686 93,832 13,953 6,558 17,686 13,953 Mountain Province 48,876 13,786 25,594 3,807 6,558 13,786 3,807 La Union 5,871 1,151 68,238 10,146 1,151 10,146 Pangasinan 2,749 - - 2,749 - - Region 11: Cagayan Valley 2,726 3,173 689 3,173 Cagayan 892 1,367 523 1,367 Isabela 1,834 1,806 - - 166 1,806 Region III: Central Luzon 56,338 27,389 5,500 27,362 Bataan 18,397 3,663 555 3,663 Bulacan 33,915 22,408 - - 3,415 22,381 - - Zam bales 4,026 1,318 - - 1,530 1,318 - - Fbgion IV: Southern Tagalog 548,503 245,466 141,098 33,895 40,283 243,159 4,599 33,895 Batangas 115,906 80,206 47,817 7,430 80,206 300 7,430 Cavite 53,964 20,266 - - 49 20,266 - - Laguna 45,638 27,963 32,271 11,114 874 27,963 582 11,114 Or. Mindoro 12,329 1,348 - , — 223 1,348 - — Palawan 4,284 1,510 - — 1,385 1,510 - — Quezon 32,047 9,982 7,398 1,410 7,867 9,982 221 1,410 Rizal 284,335 104,191 53,612 13,941 29,885 101,884 3,496 13,941 Region V: Bicol 50,704 9,071 - - 1,500 9,071 - - Albay 6,354 326 - - 11,500 326 - - Camarines Norte 2,707 2,158 — - - 2,158 - - Camarines Sur 41,348 6,500 - - — 6,500 — - Masbate 295 87 - - 87 - - Region VI: Western Visayas 39,559 11,123 2,461 446 160 11,-123 3,479 446 Capiz 902 166 50 166 Negros Occ. 20,256 4,352 2,461 446 110 4,352 3,479 446 Iloilo 18,401 4 6,605 6,605 ■ - - Region VII: Central Visayas 31,602 18,213 16,391 1,780 16,018 18,213 495 1,780 Cebu 23,625 6,511 16,391 1,780 8,041 6,511 495 1,780 Negros Oriental 7,977 11,702 - 7,977 11,702 - - Region VIII: Eastern Visayas 8,441 3,083 10,259 3,174 1,840 3,083 J,724 3,174 Leyte 5,594 1,326 1,736 849 1,840 1,326 1,250 849 Samar 2,847 1,757 8,523 2,325 - 1,757 474 2,325 Region IX: Western Mindanao 15,188 1,820 1,267 338 9,895 1,820 338 Zamboanga del Sur 2,856 1,820 1,267 338 63 1,820 338 Sulu 12,332 - - 9,832 - - Region X: Northeastern Mindanao 1,529,798 250,401 30,772 8,235 16,114 246,447 3,57 8,022 Agusan 10,604 7,212 4,704 3,193 774 7,212 - 3,193 Bukidnon 71,686 59,192 - - - 59,192 - - Lanao del Norte 229,955 73,033 26,068 5,042 8,357 73,033 3,570 4',829 Lanao del Sur 1,080 157 - - 180 157 - • - Misami^ Oriental 22,198 2,743 - - 4,905 2,743 - - Surigao del Norte 1,092,041 62,545 - ’ - 442 58,591 - - Surigao del Sur 102,234 45,519 - - 1,456 45,519 — Ftegion XI: Southern Mindanao 65,867 13,345 32,214 7,299 14,104 13,345 3,775 7,299 Cotabato 40,599 8,646 14,110 2,442 10,986 8,646 930 2,442 Davao 25,268 ■ 4,699 18,104 4,857 3,118 4,699 2,845 4,857
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