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Monday, May 15, 2006
Oro chamber lauds environment chief
By Chamber Watch
LOCAL enterprises can now breath with relief at the suspension of another possible layer of red tape and source of graft at the Department of Environment and Natural Resources (DENR).
New environment czar Secretary Angelo Reyes informed Cagayan de Oro Chamber of Commerce and Industry Foundation (Oro Chamber) president Ruben A. Vegafria that the order for all business enterprises to get a mandatory insurance coverage against possible violation of environment laws and regulations has been indefinitely suspended.
It will be recalled that last January 25, the Oro Chamber, after conducting a meeting with various industry organizations in Cagayan de Oro and Misamis Oriental, submitted a position paper adopting the full implementation of the Environmental Guarantee Fund (EGF) rather than the promulgation of DENR's administrative order mandating compulsory environmental insurance coverage (MEIC) for all business enterprise.
The suspension was the first major decision penned by Reyes upon assuming the top post of the environment and natural resources office, Fernando Concepcion, acting DENR director, told the business leader in his letter to the Oro Chamber recently.
The order of Reyes was attached to the letter addressed to the Oro Chamber president. It said in part: "We are pleased to inform you that the implementation of DAO-2005-06, Mandatory Environmental Insurance Coverage (MEIC), has been suspended indefinitely through Memorandum Order O1 Series of 2006 dated February 21, 2006. Rest assured that all concerns shall be taken into consideration if ever the same shall be subjected to further study by this office."
Already, the Philippines has some of the most stringent environmental laws passed in recent years. The laws are so strict that violating companies have been ordered closed by the DENR. (Press release)
(May 15, 2006 issue)
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