1:15 AM, July 14th
Foul weather. But the typhoon veered north to spare Luzon and the Batanes.
I have directed the organization of another 500 men for the Sulu Strike Force after the rebels took Pata Island, with the Armed Forces not doing anything. They are to be supported by
Official Gazette for July 14, 1973: THE PRESIDENT has promulgated Presidential Decree No. 240 authorizing the Postmaster General to supervise, regulate and control the operations of private express or messenger delivery service firms to systematize control over the carriage and dissemination of mailable matter for the good of the public and in the interest of national security. The decree likewise empowers the postmaster general to issue, grant, extend, suspend, or cancel franchises or permits of these private or express messenger delivery service enterprises.
THE PRESIDENT said that proof of the validity of the New Society’s program and policies may be gathered from the high wave of investments the country is now enjoying. The president pointed out that of the investments from various sources, some have been infused into the economy while others are on the way to being transplanted to the land. Addressing the convention of manufacturers and producers, the President said that since September 21, the Board of Investments has registered 123 firms under the various Investment Laws, including seven under the Investment Incentives Act, 50 under the Foreign Business Regulation Act. And 50 under the Export Incentives Act. Many more applications are under study, he said, and may soon be in the economic picture in the coming years. He added that tourism earned $120 million, or 11 per cent of the total foreign exchange receipts in 1972.
DEPARTMENT of Trade released the rules and regulations governing the operations of investment houses. Prepared by the Securities and Exchange Commission, the basic rules and regulations will implement the provisions of Presidential Decree No. 129, otherwise known as the “Investment Houses Law.” Under the rules, investment houses shall be organized m the form of stock corporations in accordance with the provisions of the Corporation Law, subject to certain requirements. Ownership is vested on citizens of the Philippines to the extent of at least a majority of the voting stock of the corporation. Majority of the members of the board must also be citizens of the Philippines.
DEPARTMENT of Health underscored the importance of effective nutrition campaign particularly among the poor. Health Secretary Clemente S. Gatmaitan told the country’s nutritionists during the induction ceremonies of the newly-elected officers of the Philippine Association of Nutrition, that nutrition work, to be effective and successful, must get down to the lowest level of socio-economic structure because they are the ones usually associated with nutrition work. Nutrition surveys have shown that the children, particularly the very young in the rural areas have the poorest nutrition when compared to other groups, Secretary Gatmaitan said. He said that nutrition programs involve almost always inter-agency and multi-disciplinary activities and that cooperation among participating agencies is essential.
THE PHILIPPINES continued; to forge ahead in its trade with the People’s Republic of China with the shipment of 20,000 cubic meters of logs valued at close to P5 million. The shipment was approved by Secretary of Trade Troadio T. Quiazon Jr., on recommendation of Mr. Jovito A Rivera, general manager of the National Trading Corporation. The log exports were the first approved by Secretary Quiazon for the People’s Republic of China. Previous shipments consisted of Portland cement plywood and veneer, crude coconut oil in bulk, desiccated coconut, copra, woodenware and woodencraft. Trade with socialist and communist countries has been picking up since the promulgate by the President of Executive Order No. 384 providing for the policy guidelines governing trade with the Red block countries.
BUREAU of Customs adopted; measures to check the commission of fraud against the Government through misrepresentation or falsification in customs transactions involving locally purchased motor vehicles. Customs Commissioner Rolando G. Geotina said in memorandum that Informal Import Declaration and Entry (Form 177) is an accountable form only to be issued to principal examiners or their assistants. The new system which takes effect immediately was promulgated with the view of pinpointing individual responsibilities over transactions of this nature.
the Navy and the Air Force.
Pleasant luncheon for the Mossbachers who are on their honeymoon—he a widower and she a divorcee and the daughter of the founder of the Humble Oil Co. of Texas. He has four children and she (about 32) has two.