For a self-proclaimed "event trader" Happy Cats, you seem to spend far too much time posting on a stock that is a "non-event".....
Forgive for posting yet another good news story...
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Tampakan to help fight poverty—Labor
Labor Department head for Sarangani province and General Santos City Patricio Blanza said the Philippines needs the proposed Tampakan mining project to address unemployment and help fight poverty in Region 12.
“The Tampakan mining project will be a big help in generating more employment opportunities and people need income to help themselves,” Blanza said.
Blanza said that the Labor would make sure that the Tampakan project prioritize local employment in hiring process, adding his department was preparing a local skills development program.
“The Aquino administration identified unemployment as a pillar to offset poverty and we have been mandated to solve unemployment,” Blanza said. “We all should know that employment will be the key to solve poverty in the region.”
According to the 2011 first quarter report released by the regional office of the National Statistical Coordination Board, provinces in Region 12 posted very high poverty incidence levels with Sarangani at 40.7 percent, Sultan Kudarat at 35.2 percent, and South Cotabato with 23.6 percent.
The report also showed that South Cotabato had the most number of poor families with 78,304, comprising 34.8 percent in Region 12.
“When investors come in, employment opportunities follow,” Blanza said.
Blanza said he hopes the issues surrounding the Tampakan project are resolved soon to pave way for its operation.
“It will be good for the labor sector,” he said.
“The Environment Department must assess and ensure that all environmental measures and safety regulations are in place to make the Tampakan project work,” Blanza said.
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