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BusinessWeek MINDANAO YOUR LOCAL ONLINE BUSINESS PAPER Market Indicators X 0.02 cents PHISIX 3,885.96 points X FOREX US$1 = P43.80 5.13 points Briefly T4 to rise in Misor TALISAYAN, Misamis Oriental– –A one stop center where numerous agribusiness technologies are merged and transferred to local farmers and entrepreneurs will rise at Cabulawan, Mintabon here. The Talisayan TechnoTransfer Terminal (T4) would include facilities like 24/7 coffee shops, restaurants, internet cafes, bank ATMs, a hostel and call centers. It will also showcase the technology and livelihood development center and the center for entrepreneurial management for farmers and entrepreneurs together with the initial locators which are involved in milk processing and promotion, coco-sugar and engineered bamboo, among others. The project is aimed at helping local farmers and entrepreneurs gain opportunities for additional/alternative income generation activities to increase their capacity to purchase, thereby reducing poverty and increasing the quality of life in general. Camiguin’s first zipline MAHINOG, Camiguin––A threelane zipline is set to be opened in Mahinog, Camiguin in December. This announcement came from Apolinario B. Alambatin of J & A Fishpen and Restaurant in Benoni Lagoon during a project presentation at the Municipal Council Session recently. The zipline will have a distance of more than 700 meters from Station 1 to Station 2 that will cross over a lagoon. An additional 360-meter zip line is also being eyed in same area, Alambatin said. by homer r. jajalla Aboitiz coal-fired DAVAO City––The Environment Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR) has recently issued an Environmental Compliance Certificate (ECC) to AboitizPower subsidiary Therma South Inc. for its proposed P25 billion 300-megawatt (MW) CFB coal-fired power plant project in this City. Manuel M. Orig, AboitizPower vice president for Mindanao Affairs, said the certification places AboitizPower a step closer to starting the construction of the power plant in Toril District here. Market City, Agora Panama threatens PHL banana export Issue No. 15, Volume III • Sept. 25-Oct.1, 2011 as of 12:10 p.m., sept. 23, 2011 (Friday) NOW OPEN T P10.00 By ALLAN MEDIANTE, Executive Editor and ROLANDO SUDARIA, Correspondent HE country’s banana export industry is threatened anew with the resurgence of the dormant fungal disease that is seen to jeopardize the earnings of local banana exporters. Widely known as Panama disease or Fusarium wilt, the banana plant ailment has wiped out closed to 2,000 hectares of banana plantations in Mindanao. Panama dis e as e was traced to the province of Bukidnon where it was reported to have destroyed hectares of banana plantations. The banana disease has already spread to the province of Compostela Valley and the town of Sto. Tomas in Davao del Norte. The Fungus Fusarium Oxysporum is reportedly resistant to fungicide thus it cannot be simply controlled using chemicals. With this, local banana growers sounded the alarm bells and urged government to put in place an effective mechanism to protect the banana industry BANANA/PAGE 10 Banana growers in Mindanao are asking government to take concrete actions against the resurgence of a banana plant disease that is slowly killing industry. Journos to meet in EMPOWERinG to reduce Makati for 2-day gab poverty in Misamis Oriental By MIKE BAÑOS REPORTERS plying the energy beat are eyeing a national organization to upgrade their capability to intelligently and clearly report on what is essentially a complex subject not appreciated by many readers. “We are targeting the formation of a nationwide organization for energy reporters so they can better leverage on information-sharing and exchanges,” said Myrna M. Velasco of The Manila Bulletin. “It is hoped that this will serve as a catalyst in enhancing the capabilities of the country’s energy journalists.” Acknowledged as one of the country’s premier energy beat reporters, Ms. Velasco has organized the 2nd edition of the Workshop for Regional journos/PAGE 10 By BUTCH D. ENERIO CAGAYAN de Oro City––In order to systematically identify the needs of the poor sector of the targeted municipalities in Misamis Oriental and achieve economic growth, a partnership between government and the private sector was launched here September 19. Employing the Community Based Monitoring System (CBMS), tool used by the government to monitor poverty incidence in the country, STEAG State Power Inc. (SPI), and Europe’s KFW Bankengruppe (DEG) with the provincial and municipal government units and other line agencies, started to implement Project Enhanced Monitoring System on Poverty Watch for more Effective and Responsive Approach in Governance (Empowering). CBMS is a tool used to diagnose the extent and causes of poverty in the identified areas and aid local government units (LGUs) in formulating policies and programs, aid in identifying target beneficiaries and facilitate POVERTY/PAGE 19 Holcim launches coffeetalks in R-10 By BUTCH D. ENERIO CAGAYAN de Oro City––One of the world’s leading cement manufacturers Holcim Philippines, Inc. is pushing for, yet, another social responsibility initiative when it met representatives from the various groups here and in Misamis Oriental and discussed possible collaborations on a project that would address concerns in protecting the environment. In its first hosting of a forum dubbed “Holcim Coffetalks,” patterned after the media kapihan, Holcim encouraged participants from the local government units, business sector and the media to make firm commitments towards better public appreciation of sustainable construction. Ma. Socorro Prado, Holcim’s vice president for communications, explained that the initiative is part of the holcim/PAGE 13

BusinessWeek Mindanao Sept 26

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