INSIDE LOOK
CDP’s Rodriguez scores perfect attendance in 15th Congress
NSCB: Indicators point to strong growth
Banker sees ASEAN integration a threat; RP firms not ready
PNB scouts new M&A deals
Sun Cellular receives Gawad Mapag-unlak Award from the PCMC Blood Center
BusinessDaily Corporate World
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Congress Watch
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CREDIBLE
Volume III, No. 263
Market Indicators
As of 5:54 pm july 24, 2013 (Wednesday)
FOREX
PHISIX
US$1 = P43.32
6,804.16 points
9 cents
X
60.95 points
X
Briefly Robust economy BUTUAN City -- The head of the Chamber of Commerce here expressed optimistic outlook during a business forum on Thursday that “Butuan can potentially be another Cebu in the next 10 years,” as center of commerce, trade, and tourism in Caraga Region. Butuan Business Chamber of Commerce and Industry Foundation, Inc. (BCCFI) President Joseph Omar O. Andaya said, “Butuan City has a big potential to become another Cebu City in 2023.” “Butuan City has a very big potential to become another Cebu City in the next 10 years, not only because of its people, its natural resources, and the fact that it is the regional center of the whole Caraga Region,” Andaya said in an interview.
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July 25, 2013
Aboitiz Group holds nationwide simultaneous tree-planting
THE Aboit iz Group on Saturday (July 20) enjoined their thousands of employees and volunteer groups in an annual simultaneous tree planting activity in numerous locations nationwide. In one day, more than 61, 0 0 0 s e e d l i n g s we r e planted by different Aboitiz volunteers from as north as Benguet, Subic, Pampanga and Tarlac, to Cebu and Las
Pinas. In Mindanao, thousands of Aboitiz volunteers had tree plantings in Bukidnon, Sibulan in Sta. Cruz, Talomo and Marilog in Davao City, in Dimapatoy Watershed in Cotabato, Iligan City, Nasipit Agusan del Norte as well as Maco Compostela Valley. The participating companies in Mindanao TREE-PLANTING. Hedcor volunteers joining Aboitiz Group’s nationwide tree planting Aboitiz/PAGE 11 activity in Manolo Fortich, Bukidnon last Saturday.
Govt pushes more RE investments in M’nao T
By IRENE DOMINGO, Reporter
HE Mindanao Development Authority (MinDA) is currently conducting an inventory of renewable energy investment prospects in the island to ensure these interests would level up to on the ground investments, MinDA public affairs director Romeo Montenegro said.
Irrigation dev’t OROQUIETA City– A total of 68,265 hectares (has.) of irrigable land have been developed in region 10, during the first quarter of the year. Considering the region’s total potential irrigable area of 121,432 has., the level of irrigation development (LID) in the region have been placed at 56.2 percent with 53,167 has. remaining area left to be irrigated, as of the period. This is 10,246 has. or 17.7 percent higher compared to 58,019 has. developed in the same period of 2012, Engr. Felix M. Razo, Regional Manager of the National Irrigation Administration (NIA), region 10, said. Razo said the province of Misamis Occidental with 3,505 has., was the biggest area served by the irrigation facilities of NIA, during the period, followed by Bukidnon, 3,412 has., Misamis Oriental, 2,975 has., Camiguin, 270 has., and Lanao del Norte, 84 has.
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I n a n i nter v ie w, he said MinDA has recorded about 100 applications for renewable energy projects in Mindanao. All of these investments if pursued would cause power generation of about 700 megawatts, which would apparently help ease
CROPS DIVERSIFICATION. In order to gain more profit, non-rice farmers in northern Mindanao are encouraged to diversify their crops. photo courtesy of carl cesar rebuta
Non-rice farmers told to diversify crops By BUTCH D. ENERIO, Correspondent
TH E Depa r t ment of A g r ic u lt u re (DA) h a s encouraged non-rice farmers in northern Mindanao to be more productive and diversif y their crops to avoid over supply of their
traditional crops and gain profitability. Department of Agriculture (DA) Assistant Secretary Salvador Salacup, sa id t hat t he ent i re agricultural community
i n t he cou nt r y shou ld maximize productivity in time of the Association of South East Asian Nation (A SE A N) e conom ic integration. diversify/PAGE 11
Mindanao power supply problem. “We’re doing an inventory now because we want that t he se appl ic at ions w i l l graduate from indicative to actual constructions,” Montenegro said. pushes/PAGE 11
Lifestyle District opens; targets young professionals By IRENE DOMINGO, Reporter and IRENE JOY B. DAYO of Mindanao Daily
A NEW all-in-one establishment has arrived in Cagayan de Oro City giving upkeeps for the city’s booming developments. Lifestyle District has opened its commercial spaces to city’s various businesses Sunday, July 20.
Lifestyle District is a future leisure abode which is considered as a revolutionary concept in the city. This establishment was brought in CDO because of the latter’s necessity for an establishment where a convergence of opens/PAGE 11
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