BusinessWeek MINDANAO
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Volume IV, No. 85
Market Indicators
As of 6:12 pm Apr. 3, 2014 (Thursday)
FOREX
PHISIX
US$1 = P44.81
6,587.08 points
6.5 cents
X Briefly
.64 points
X
Asean integration
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BUTUAN City – To recognize the contribution of women to the country’s development and in time with the Women’s Month Celebration, Technical Education and Skills Development Authority (TESDA)-Caraga in cooperation with the Regional Development Council-Gender and Development Coordinating Committee (RDCGADCC) recently conducted the Non-Traditional Skills Competition for women. The two-day competition which was held in two separate venues: Agusan del Sur School of Arts and Trades (ASSAT) and Agusan del Norte Provincial Training Center in Cabadbaran City featured trade areas in Automotive Servicing Gas Engine Tune-up, Plumbing, Shielded Metal Arc Welding (SMAW) and Electrical Installation and Maintenance (EIM). For the Gas Engine Tune-up, Jenny Torrecampo of ASSAT won gold medal and received P1,500 from TESDA-Caraga. Northern Mindanao School of Fisheries’ (NMSF) Jannielyn Nastor won silver and received silver medal and P1,000. Maria Fe Monta of Surigao del Norte College of Agriculture and Technology (SNCAT) was proclaimed third and received bronze medal and cash prize of P500.
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Friday|April 4, 2014
House probe urged on Mindanao power woes T
DAVAO del Norte – The Province of Davao del Norte is preparing for the ASEAN Economic Community (AEC) to be able to take full advantage of the opportunities of the regional integration in 2015. Governor Rodolfo del Rosario, in his recent State of the Province Address (SOPA), said the province has started laying down the vital preparations to ensure the competitive position of the province when the ten-member countries of the Association of Southeast Asian Nations (ASEAN) engage in free trade next year. The Governor bared that in preparation for the ASEAN integration, the Sangguniang Panlalawigan has enacted the Provincial Investment Incentives Code, Provincial Tourism Code, and the Provincial Housing Code.
Skills competition
THE
By MIKE BANOS,Editor-at-Large
HE Mindanao Coalition of Power Consumers is pressing the House of Representatives Committee on Energy to probe the allegedly anomalous dispatch of government owned power plants in Mindanao, and the unexplained reduction in the dependable capacities of its hydroelectric power plants, believed to be the root cause of the persistent power shortage in the island.
POWER MOVES. House Energy Committee Chair Rey Umali in a huddle with fellow Congressmen shortly before the start of the public hearing on the IMEM held March 6 in Cagayan de Oro City.
“The main objectives of the investigation would be to accelerate the repair and rehabilitation of the Agus and Pulangi power plants and their waterways; and to get the System Operator to operate the governmentowned and controlled power plants strictly in accordance with the Rule Curve for Lake Lanao, because this is the only way to optimize
the storage capacity of the Lake and ensure that there will be adequate capacity in Mindanao during the summer months,” said David A. Tauli, MCPC president. Tauli said a corollary objective of the investigation of the Power Sector Assets and Liabilities Management C o r p o r at i o n ( P S A L M ) charged with the operation power/PAGE 7
Agus 6 plant back Miriam claims Bangsamoro pact is ‘unconstitutional’ in operation, • Ferrer says it is constitutional boosts Mindanao C I i t y - - T h e my preliminary studies, I power supply DAVAO Comprehensive Agreement have concluded that the By CAROLYN ARGUILLAS , MindaNews
THE National Power Corp (Napo cor) has brought b a ck to op e r at i on t h e newly rehabilitated Agus 6 hydroelectric power plant in Iligan City giving a boost to Mindanao’s dwindling power supply. The state-owned Napocor, in a statement, said the Agus 6 plant has resumed normal operations Tuesday afternoon after specialized, underwater repair works were successfully carried out to plug a leak in the facility’s blow-off pipe. Its generation limited to 80 megawatts (MW) during the repair, Agus 6 will now be able to generate 116 MW for the Mindanao grid. It said silt and clay deposits at the entrance of Units 3 and 4 penstocks where the agus/PAGE 9
on the Bangsamoro (CAB) between government (GPH) and t he Moro Isl am i c Liberation Front (MILF) is “unconstitutional,” Senator Miriam Defensor-Santiago said but government peace panel chair Miriam CoronelFerrer maintains that the agreement is “within the framework of the 1987 Constitution.” “I regret that, after
Fr am e wor k Ag re e m e nt on the Bangsamoro i s u n c o n s t i t u t i o n a l ,” Santiago, chair of the Senate Committee on Constitutional Amendments, said before proceeding to deliver her graduation speech at the Gordon College in Olongapo City on April 2, six days after the CAB was signed in Malacanang on March 27. A copy of her pre-graduation
speech pronouncement has been posted on the Senate website. “M i r i a m i s n ot t h e
Supreme Court,” Guiamel Alim, executive director of the Cotabato City-based miriam/PAGE 9
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