BusinessDaily (August 8, 2013)

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Mindanao Daily NEWS

BusinessDaily northmin . caraga . davao E-mail: mindanaodailynews@gmail.com

CREDIBLE

Volume III, No. 273

Market Indicators

As of 5:59 pm AUG. 7, 2013 (Wednesday)

FOREX

PHISIX

US$1 = P43.69

6,420.79 points

15 cents

X

.10 points

X

Briefly Tourism framework TA N G U B C i t y - - A m u l t i s e c t o r a l wo r k s h o p was convened by the city government of Tangub, last July 29-30, to craft the city’s tourism framework plan. The plan will streamline other programs and projects of the cit y where other agencies can come in to s u p p o r t a n d w h ere t h e private sector can invest in, Atty. Philip T. Tan, Mayor of Tangub, said. Facilitated by the office of Dept of Tourism (DOT), Region X, the 2-day workshop was held at Function Hall 1 in Tangub, the activity was also in support to the national goal of coming up with 10 million tourists by 2016. The framework plan was Mayor Tan’s priority agenda which he emphasized in his address during the inaugural session of the city council, early last month.

Coconut wine A NATIVE coconut wine, or tuba, is making inroads into the export markets. Carrying the label Vacal Vino de Coco, founded by Filipino-American George Vacal Paraliza and his wife Tila Paraliza, the premium wine made from fresh saps of selected coconut tree blossoms will soon hit store shelves across China. Paraliza recently signed an agreement with Fly Dragon International Marketing that will bring his wine products to the huge Chinese market. “I have also some negotiations with importers in the United States and Canada. I can supply them just a matter of time,” he said.

RELIABLE

Cagayan de Oro City

Thursday

IN-DEPTH

P15.00

Solon seeks deferment of M’nao spot market

A

By BONG D. FABE, Associate Editor

PA R T Y L I S T c o n g r e s s m a n representing power consumers in rural Philippines is strongly urging the Department of Energy (DoE) and the

August 8, 2013

Philippine Electricity Market Corporation (PEMC) to defer next month’s scheduled implementation of the Interim Mindanao Electricity Market [IMEM] until all issues and questions are resolved.

Pilmico gives hope to Sendong victims By BUTCH D. ENERIO Reporter

ILIGAN City – Mamerto Fel ic i ld a , 12 ye a r s old , whose family was among the victims of Typhoon Sendong in December 2011, need not go far to finish high school, because school is just located at the heart of the relocation site where his family, and about 1,200 more, are now residing. Pilmico Foods Corporation, a subsidiary of the Aboitiz Equity Venture, in cooperation with Aboitiz Foundation Inc. (AFI), turned over on Tuesday 24 classrooms, housed in four 2-storey newly constructed buildings in Bayanihan sa Iligan Village, Barangay Sta. Elena here. The P25 million school, which is the biggest classroom donation yet of Pilmico in the entire country, is part of the Aklat, Gabay, Aruga, Tungo sa Pag-Angat at Pagasa (Agapp) prog ra m, accom modates kindergarten and high school students. Pi l m ico a nd t he A FI have been suppor ting Agapp since its inception in 2011, particularly in the construction of classrooms dubbed as ‘Silid Pangarap’. The school which is an annex to the Tomas Cabili Nat iona l High School is pilmico/PAGE 11

Energy Secretary Jericho Petilla had earlier directed the PEMC to start the IMEM’s commercial operation in September 26, 2013. But Rep. Edgardo Rama Ma songsong of t he 1st Consumers Alliance for Rural Energy (1-CARE) partylist said that implementing the market/PAGE 11

Robinsons unveils Bloomfields in CDO

SCHOOLBUILDINGS. Four schoolbuildings worth P25M donated by Pilmico Foods Corp. for Tomas Cabili National High School Annex which were built right at the heart of the community of Sendong victims in Bayanihan sa Iligan Village, Sta. Elena, Iligan City. photo by butch enerio

SCHOOL FOR SENDONG VICTIMS. Pilmico President/CEO Sabin Aboitiz (2nd from left), and Aboitiz Equity Ventures President John Ramon Aboitiz (3rd from right) lead the unveiling of marker of the 24-rooms schoolbuildings the Aboitiz Foundation had established for Sendong victims in Iligan City. With them are Department of Education-10 Regional Director Allan G. Farnazo, and school principal Rebecco Omlero (2nd and extreme right, respectively). photo by butch enerio

ROBINSONS Homes recently unveiled its latest project, Bloomf ields Cagayan de Oro, a premium residential development. This exclusive subdivision is nestled in 6 hectares of land atop a plateau with only 340 choice residential lots and a view of Cagayan de Oro skyline. Bloomf ields Cagayan de Oro serves as an ideal backdrop for start-up and g row i ng fa m i l ies. T h is e x c lu s i ve e nc l ave w i l l feature landscaped pocket parks where homeowners can indulge in their own quiet time, as well as various amenities and facilities such as play areas, a clubhouse, a multi-purpose activity court and a swimming pool. The development has easy access to some of the city’s top schools like Xavier University, Rosevale School, Corpus Christi School and Lu mbia Nat iona l H ig h School; churches such as St. Augustine Cathedral; and lifestyle destinations such as the Pueblo de Oro Golf and Country Club, the Xavier Sports and Country Club and Robinsons Place Cagayan de Oro.

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