Businessmirror december 25, 2017

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Monday, December 25, 2017 Vol. 13 No. 75

Fatalities were workers of U.S. research firm who sought refuge on top floor of burning building

Deadly pre-Christmas mall blaze kills 37 in Davao City By Manuel T. Cayon

D

@awimailbox Mindanao Bureau Chief

AVAO CITY—Authorities have confirmed the death of 37 persons who were earlier reported trapped and missing on the top floor of a shopping mall here when it burned on until early morning of Saturday.

Mayor Sara Duterte-Carpio said the victims were all workers of the United States digital research firm, Sample Survey Inc. (SSI), holding office at the fourth floor of the New City Commercial Center (NCCC), a chain of shopping malls and hypermarts in Mindanao and Palawan. One body was already recovered last Saturday night “at the area where they were last reported to have concentrated to seek refuge from the smoke and heat.” “But fire personnel only found

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@reneacostaBM

he nu mber of ba ra ngays affected by the New People’s Army (NPA) in Mindanao has increased during the first six months of 2017, according to the military, which also noted a spike in the number of attacks carried out by the rebels during the same period. The NPA and its political arm, the Communist Party of the Philippines (CPP), had been declared a “terrorist” group by President Duterte following his scuttling of the peace talks with their umbrella organization, the National Democratic Front of the Philippines. Based on data presented late last month by former military spokesman and now Armed Forces

Deputy Chief of Staff for Plans and Programs Maj. Gen. Restituto F. Padilla Jr., the rebels have maintained influence in 49 barangays in Western Mindanao as of June 2017, up from the 15 barangays at the end of 2016. In Eastern Mindanao the guerillas also wield influence in 368 barangays as of the same period, up from 189 barangays at the end of 2016. Earlier, the Armed Forces Eastern Mindanao Command (Eastmincom), through its spokesman Maj. Ezra Balagtey, reported that 45 percent of the total strength of the rebels, or about 2, 000 armed members, is concentrated within their operational areas. The operational jurisdiction of the Eastmincom covers the whole

PESO exchange rates n US 50.1940

See “NPA,” A2

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PPP Menu No. 2: To court or be courted Alberto C. Agra

ead

PPP L Alberto C. Agra

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HE government cannot be forced to make a particular decision or compelled to order a specific viand of the Public-Private Partnership (PPP) Menu.

In PPPs, while being consensual and contractual in nature, the initiatory and ultimate decision for a PPP-government project lies with the public sector. One such initiatory determination is the manner by which a public implementing agency (IA) chooses its private-sector proponent (PSP) for a particular project. Continued on A6

See “Deadly,” A2

New hotel brand to debut in Manila on January 16

Communist-affected villages, NPA attacks rise in Mindanao By Rene Acosta

2016 ejap journalism awards

By Ma. Stella F. Arnaldo

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‘BELENISMO’ IN TARLAC A Belen (Nativity Scene) in Tarlac bears the words “Born to Save,” one of the attractions of the 2017 “Belenismo.” Organized by the Tarlac Heritage Foundation in San Miguel, Tarlac, the annual Christmas display runs from November to January in the province’s 17 municipalities and one city. The annual Belenisimo has become a tradition in the province, depicting and celebrating the birth of Baby Jesus, the day God sent His Son to save the world. NONIE REYES

@akosistellaBM Special to the BusinessMirror

ITY of Dreams Manila is committed to improving its offerings to its customers, as its parent company introduced its new luxury hotel brand called “Nüwa.” In a news statement sent over the weekend, Melco Resorts and Entertainment Ltd., a Hong Kong-based gaming and entertainment casino resort owner and operator, said Nüwa will replace the current Crown Towers Hotels in its flagship properties, the City of Dreams Manila and Macau. The launch of the new hotel brand will be officially made on January 16, 2018. Melco Chairman and CEO Lawrence Ho said: “We are excited to introduce Nüwa. The new hotel brand embodies the very essence of Melco’s pursuit to provide our guests the very best in sophistication, quality and Continued on A2

n japan 0.4431 n UK 67.1947 n HK 6.4202 n CHINA 7.6219 n singapore 37.3690 n australia 38.6544 n EU 59.6255 n SAUDI arabia 13.3851

Source: BSP (22 December 2017 )


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