Sun.Star Pampanga

ASPIRE 2017 set in CSF

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The Department of Agricultur­e in partnershi­p with the Department of Trade and Industry will be implementi­ng the project Agribusine­ss Support for Promotion and Investment in Regional Expo (ASPIRE) for each region.

This year, Central Luzon is among the five regions to conduct the pilot implementa­tion of ASPI RE.

Region III ASPIRE will be held at Robinsons Starmills, City of San Fernando, Pampanga on September 19 to 21.

Activities in the event includes regional trade fair, market matching, B2B, investment forum and business counsellin­g for MSMEs.

Interested attendees may contact the Agribusine­ss and Marketing Assistance Division at (045) 963 5751 or call Charito Libut: 0928 554 7437 and Carmencita Nogoy: 0923 454 3222.

Under Republic Act No. 656 (Property Insurance Law), GSIS is mandated to insure government properties, assets, and interests from calamities.

The Php10 billion program, launched by the Philippine government through the support of the World Bank and the U.K. Department for Internatio­nal Developmen­t last July 28, is the first of its kind in the country. It covered losses of national government offices (typhoons and earthquake­s) and 25 provinces (typhoons).

The 25 provinces with typhoon insurance cover include Albay, Aurora, Batanes, Cagayan, Camarines Norte, Camarines Su r, Catanduane­s, Cebu, Davao del Sur, Davao Oriental, Dinagat Islands, Eastern Samar, Ilocos Norte, Ilocos Sur, Isabela, Laguna, Leyte, Northern Samar, Pampanga, Quezon, Rizal, Sorsogon, Surigao del Norte, Surigao del Sur and Zam bal es.

The local government units (LGUs) were selected based on their exposure to typhoon and/or earthquake risk, based on the catastroph­e modelling by AIR Worldwide. The LGUs welcome the parametric insurance cover since the pay-out will augment their funds to enable them to immediatel­y respond to the needs of their constituen­cies following a natural catastroph­e.

As early as 2014, GSIS begun discussion­s

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