Assigment #8 in HRM(On the assumption that you heard/read the SONA of the President last month (July 2009), identify at least 3 areas related to Huma)

I.) Trade and Investment
In the trade and investments sector, we envisioned to raise investments
to 25-28% of GDP by 2010 from 19.5% in 2003. Financial support to
public infrastructure shall be pursued through greater private sector
participation. We shall likewise continue to aim for a minimum 10%
annual growth in the export sector, even though the Government has
met the target to increase exports for food and services in 2006.
Towards this end, we have accomplished the following:
Promoted entrepreneurship
From 2001 to April 2008, microfinance loans to the low and middle
income men and women who want to start their own businesses have
reached P102 billion or 29 times more than the P3.49 billion we started
with in 2001.

• The Government’s initiative to enhance the SME Unified Lending
Opportunities for National Growth (SULONG) more than quadrupled
the P26.76 billion released in 2003 to P130.24 billion as of April 2008.
New jobs generated therein almost tripled from 200,783 in 2003 to
590,462 as of April 2008.
• Despite the setbacks in the global economy that affected our small
exporters, the One Town, One Product (OTOP) Program performed
respectably. Beefed up by DTI’s strong marketing program, earnings
by small exporters went up by 14%, from US$92.23 million in 2006 to
US$105 million in 2007. Local economic activity likewise markedly
improved, with OTOP domestic sales surging by 53%. Investments
inflow also improved by 23% supporting 70,733 jobs.
Since its inception in late 2004, OTOP had generated a total of P5.60
billion in investments, supported 212,960 jobs, earned US$283
million in exports and P5.88 billion in domestic sales, and assisted
17,149 small and medium enterprises.
Table 5. OTOP PERFORMANCE: 2004-2007
Performance Indicators
2004 2005 2006 2007 Total
Investments (P Million)
565.04 814.09 1,891.34 2,330.53 5,601
Employment
1,431 70,439 70,357 70,733 212,960
Exports
(US$ Million)
0.17 85.19 92.23 105.40 283.0
Domestic Sales (P Million)
1,302.40 1,808.25 2,773.79 5,884.44
SMEs Assisted 4,396 5,968 6,785 17,149

II.Completed the P10.6 million La Trinidad Fruit and Vegetable
Minimal Processing and Packaging Plant on 30 December 2008,
which shall start operating in July 2008. Dole Philippines
Incorporated, the project’s operator, is in the process of recruiting
and training personnel for the plant. The project shall contribute
into increasing the shelf-life and marketability of the upland
vegetables, lessen post harvest losses, and the Government’s food
security program.

III. Completed the P96.83 million Dingalan Port Development
Project in Aplaya, Aurora on 30 January 2008, which includes
port development and construction of a passenger terminal
building. It is expected to boost productivity of the agriculture,
aquatic, and mining industries in the Dingalan area and nearby
municipalities.

Talking about the Trade and Investment it will gives a big impact to the human resources because it will give a lot of opportunities to the workers so that the jobs opportunities will grow.

http://www.gov.ph/sona/sona2008.pdf