A study of economics usually reveals that the best time to buy anything is last year.

Saturday, May 5, 2012


Davao Looks Into Sports Tourism


Thursday, May 3, 2012
TO ATTRACT visitors and added revenues, Davao City is looking into sports tourism.

"From what we are spending in the summer festival, we will be raking in revenues from sports tourism," said Neilwin Bravo, one of the organizers of the Davao's Summerfest said.
Bravo who is in-charge of the sports component of the annual summer festival of Davao City said that the second staging of the summer fest is a more comprehensive vehicle for sports tourism.

First held in 2011, The Davao Summerfest is a festival with numerous activities, which delves on sports, arts and culture. The 2012 Summerfest opened last April 27 at the Peoples Park.

According to Bravo the sporting events would try to meet different aims among these include; identifying talented athletes, capability building for coaches and sports officials, propagating sports business and sports investments and promoting Davao as a sports destination. 
(PIA)

For the whole article click here.

You know what I think?



This project would be very good for our city because:
  • there will be more tourists who will consider visiting our city for the summer
  • with more tourists in the city there will be more income for our business here in the city
  • more costumers for the business establishments here in the city will also lead to the expansion of businesses, thus more people and investment needed
     
Also in this project teens that are bored during summer break (like me) can also have fun and spend their time productively in this sports event, and they (me) might find new friends from other places here in the Philippines or even a new friend that is from other countries. So to say we can help our own city's economy by also having fun during the hot-hot summer! 


BUT! there is a little problem with this project. As we all know that here in Davao there is no such thing as a sports complex. As written in the article, the event would be held at the People's Park, and as we all know it is not a sports complex but a park. So before we start expecting more from this project I think the city should start considering building a sports complex, not only for this project but also for the city, because small cities near Davao City (Panabo, Digos and Tagum) are already ahead of us with their sports complex. 

Sunday, April 15, 2012

DOE: Power shortage in Mindanao to last for one more month





BY KIMBERLY JANE TAN, GMA NEWS
The Department of Energy said the power shortage in Mindanao will last for at least one more month.

"We will continue to experience the present level of shortages up to May 9," Energy Secretary Jose Rene Almendras said in a report aired over GMA News' Saksi late Tuesday night.

The Energy Department had said that projected peak demand in Mindanao is 1,300 MW although the available capacity is only at 1,100 MW, excluding the required reserve margin to maintain the "integrity" of the Mindanao Grid which is pegged at 250 MW.

The same television report said the power shortage was reportedly caused by the lack of eletricity being produced by the hydroelectrical power plants in Mindanao due to heat brought by the dry season.

Almendras also explained that the reason they expect the power shortage to continue until May 9 is because of the need to shut down the Pulangi IV Hydroelectric Power Plant in Bukidnon for a maintenance check from April 9.



For the whole article click here.

You know what I think?
I think we can look at this current issue as a challenge or as a very big problem that can really change our country, for better or for worse.

First let me emphasize what makes this issue such a big problem not only to our economy but also to our country as a whole. 
  • Because of the power shortage in Mindanao there are rotational brownouts all over the region, and for some places who were not informed of the schedule they end up unprepared for the brownout; thus, sudden change in the life of certain individuals. For instance when I attended the graduation of my cousin in Davao Oriental, in the middle of their ceremony a brownout happened; and since it is a small town, the school has no generator. The suppose-to-be important moment of my cousin was celebrated with candles and dullness. Also in the Zamboanga International Airport, they had to cut its night operations due to the damage caused by the brownouts to their equipment.
  • People (specifically the people in the Government) are starting to be alarmed with the power shortage in Mindanao and with this they try to make an immediate solution before the power shortage reaches the other regions. Some members of the House of Representatives are reportedly proposing that President Benigno Aquino III should give emergency powers to address the situation. But gladly PNoy did not ask for special power, and for those who proposed such special powers didn't even have an idea of what powers they were talking about. Because as we should remember that in the past, Congress had granted emergency powers to former President Fidel Ramos in 1992 when the country was also faced with a severe power crisis. Around 40 independent power producers reportedly signed contracts with the government, which caused an energy oversupply and high energy costs for the consumers.
  • Now the government is in the process of sending energy barges to Mindanao to help ease the shortage, but with this the consumers (which is us) have to pay more. The power barges are by the way are owned by the private sectors; thus, fear of monopoly and skyrocketing power prices.


Now, instead of just looking at this issue as an economic problem, we should also look at this issue in an another point of view. What I'm trying to say is that this issue is also a challenge imposed not only to our government but also to us (citizens of the Philippines).
Thus the following:
  • The administration is selling out P2.6 billion for the rehabilitation of units 1 and 2 of hydroelectric power plant on August 6 in Mindanao. He said the hydropower plant, built in 1953, has a life span of only 30 years and now because of the power shortage the 59-year-old hydropower plant will be hopefully changed.
  • The power shortage does not only teach us the scarcity of our country's resources (specifically electricity), it also helps us to be more aware of our economy and environment; and because of this awareness we also learn to conserve and save.
  • Since Filipinos (you and I ) are known to be the sort of people who learn from their mistakes, the government is now looking into the possibility of utilizing renewable energy and also taking appropriate plans for the current issue and also for the future.