BusinessDaily (July 30, 2013)

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INSIDE LOOK

Sering: Climate change also affects industries

Ranger model drives up Ford’s sales in 1H

Sustainable tourism on ‘paradis islet’

PHL biodiversity depleting -- DENR

BusinessDaily Motoring

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Eco-Business

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CREDIBLE

Volume III, No. 266

Market Indicators

As of 6:11 pm july 29, 2013 (Monday)

FOREX

PHISIX

US$1 = P43.34

6,717.66 points

3 cents

X

45.96 points

X

Briefly Davao’s growth

Eco-Business

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Environment

RELIABLE

Cagayan de Oro City

Tuesday

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LifeStyle

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IN-DEPTH

P15.00

July 30, 2013

Mindanao’s best, posh condominium launched V

By IRENE JOY B. DAYO, Reporter

ISTA Land and Landscapes Inc., the country’s leader in horizontal real estate development, has launched its first high-rise condominium property named “The Loop” outside Metro Manila on Saturday, July 27, at the Limketkai Atrium, Cagayan de Oro City.

DAVAO City -- Davao’s Region economy grew to 7.4% in 2012. The 2012 increase in the Gross Regional Domestic Product (GRDP) is higher than the 2011 growth of 3.7%. T he ac c e l er at i o n wa s brought about by the surge in the industry sector and the sustained growth of the Services Sector. The industry sector surged from 0.7% in 2011 to 8.9% in 2012. Construction, and Electricity, Gas and Water Supply (EGWS) had a 13.7% growth in 2012 as compared to -9.6% in 2011. The services sector sustained its high growth with 9.2% in 2012, last 2011 it grew by about 6.7%. Manufacturing sector grew by 14.0%.

C a r a g a ’s B u B projects BUTUAN City -- On its first year of participation in the bottomup budgeting (BuB) process, the Department of Trade and Industry – Caraga Region has generated some P87 M worth of proposed projects in partnership with some 48 local government units (LGUs) and their partner civil society organizations (CSOs). The projects are for 2014 implementation. The amount represents 16% of the P549 M total value of DTI BuB projects from 17 regions in the country and therefore is the biggest among all the DTI regions. This amount, which was recommended by the Caraga Regional Poverty Reduction Action team (R-PRAT) March of this year, has since been endorsed by the National Anti-Poverty Commission to the Depar tment of Budget and Management (DBM). The latter has also submitted this together with the rest of the 2014 BuB projects for approval by congress.

A Heritage of Good Taste

‘THE LOOP’ LAUNCHED. Former Manny Villar shares a toast with Limketkai President/ CEO Mr. Alfonso Lim during the launching of Vista Land’s “The Loop”, a two-tower 25-storey condominium that will be built inside Limketkai Complex. photo by rolando sudaria

PNoy orders probe into CdeO blast

“This is the best and most lu xurious condominium in Mindanao,” said former Senator Manny Villar who also graced the launching. The Loop towers are twostorey buildings called North and South Towers. This is connected to Limket kai Mall by a walkway. Inside the North Tower alone are 522 units which consist of studios, one-bedroom, two-bedroom and threebedroom units. These master-planned towers have a spaciou s lobby that would welcome its u n it ow ners. In t he groundfloor, there are adult and kiddie pools, fitness gym, multi-purpose hall and commercial spaces which wou ld prov ide ups c a le amenity offerings. There

would be also a clubhouse in the groundf loor called “Canopy.” The second to third floors are consist of parking pods. The fourth level displays the garden residential units. Further, fifth to 24th floors house the residential condo units. The 25th floor, on the other hand, houses exclusive penthouse units which also contains the sky lounge. The Loop also ensures convenience a nd sa fet y of its residents. It has 24hour concierge services and advanced security system. The condo will cater to almost all income segments and will serve the needs of its target market ranging from mid to upper middle and high-end income markets. launched/PAGE 11

By CHENG ORDONEZ BWM Editor-in-Chief

PR E SIDEN T Benig no Aquino III condemned on Sunday the explosion that rocked Cagayan de Oro where initially six people were killed and scores others wounded Friday night, at an arcade in Limketkai mall. D e put y pre sid ent i a l spokeswoman Abigail Valte said that Aquino ordered probe/PAGE 11

BOMBING SUSPECTS. The PNP Regional Crime Lab Region 10 yesterday released the computerized facial composite of the three suspects as described by witnesses. (PNP-PIO)

RED ALERT. Police conducts checkpoints in various parts of the city following the deadly blast at the Limketkai Center Friday evening.

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776


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