Mindanao Daily Business (October 13, 2014)

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Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Bringing Good News of Mindanao

Volume III, No. 117

Editor : Cheng Ordoñez

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story on Page B1 12 October 13,See 2014

Livelihood association gets support thru DTI SSF project By Cheng Ordonez, Associate Editor

CAGAYAN de Oro City The Department of Trade and Industry Region X (DTI-10) has approved on September 11, 2014, the amount of P346,000 worth

LGUs asked to implement LACAPs CAGAYAN de Oro City - The Regional Development Council (RDC) and the Regional Peace and Order Council (RPOC) of Northern Mindanao, during a joint meeting held on October 9, 2014, here, enjoined the local government units (LGUs) in the region to ensure the functionality of their respective anti-criminality plans. The meeting was presided over by Acting RDC-10 chair and National Economic Development Authority-10 (NEDA-10) Regional Director Leon M. Dacanay, Jr. and Regional Peace and Order Council-10 (RPOC10) chairmanCagayan de Oro City Mayor Oscar S. Moreno. Both RDC and RPOC urged LGUs in Northern Mindanao to activate their Anti-Drug Abuse Councils (ADACs), provide assistance in the campaign against illegal drugs, and implement their respective Local Anti-Criminality Action Plans (LACAPs). During the meeting, Mayor Moreno took his oath as chairman of the RPOC-10 with PRO-10 Police Chief Superintendent Isagani F. Genabe, Jr. as RPOC-10 vice-chair in a ceremony administered by Director Rene K. Burdeos of the Department of the Interior and Local Government (DILG-10). To further enhance the functionality and effect meaningful participation in the RPOC, the joint body approved the proposed reorganization of the RPOC-10, modifying functions and expanding private sector representation. It also added another member to represent the mayors of component cities for which Mayor Reynaldo O. Parojinog of Ozamiz City was unanimously chosen. During the meeting, briefings were made on the following: Updates on the Peace and Development See lacap, page B3

of Shared Service Facility (SSF) project for the increase in production capability and quality of an organization’s roasted corn production. Ma. Eliza Pabillore, pro-

vincial director, DTI-Region 10, identified the organization as SRV Livelihood Association Inc., The SSF project for SRV Association involves the acquisition of the following production machiner-

ies: Combined Roaster and Single Disk Grinder that will enable uniform roasting to produce high quality fine roasted corn and Tea Bag Machine to upgrade one of its product variants from being packed in “puyo” into

tea bag to make it more convenient and attractive to consumers. Pabillore said the SRV Livelihood Association Inc. has 25 women members, and are residents of San Roque Village, Dayawan, Villan-

ueva, Misamis Oriental. “Their main product is roasted corn in different variants used as a coffee substitute. They have their production building situated at Phase 2b of San Roque

Child Poverty in PH on the rise — study T See moresco, page B3

HE number of children living in poverty in the Philippines continues to climb despite the country’s recent economic gains. According to a study titled “Child Poverty in the Philippines” by state think tank Philippine Institute for Development Studies (PIDS), there were already about 13.4 million Filipino children living in poverty in 2009. “This number represents 36 percent or more than one-third of all Filipino children aged below 18. Being poor, they suffer from deprivations of food, shelter, health, and education,” said Dr. Celia Reyes, PIDS senior research fellow and lead author of the study. Using data collected from national surveys and administrative records of Interior and Local Government Sec. Mar Roxas (standing, center), introduces former Rep. Rissa Hontiveros (seated, various government agenleftmost) as the next PhilHealth administrator during the launching and signing of memorandum of agreement (MOA) cies, the key findings of the on Ugnayan ng Barangay at Simbahan (UBAS), Saturday, at Dynasty Court Hotel, Cagayan de Oro City. The Church study demonstrate that both representation was headed by Archbishop of CDO Antonio Ledesma (seated, center). (Cheng Ordonez)

See study, page B3

Non-electronics seen to fuel PHL export growth

MSU-Marawi Aggie modern school building 3-storey worth Php 30 million of the College of Agriculture near completion. MSU System President Macapado A. Muslim said the construction of this modern school building is from among the 30 infra projects which is in line with the new thrust of CHED to modernize its buildings including the purchase of necessary modern laboratory equipment item programs like, Agriculture,Engineering, Information Technology, among others. The building is equipped with modern facilities, like soil preparation and storage, tissue culture laboratory, agricultural engineering instrument, meat and food processing & other facilities. Sultan Dean Pangandag Magolama said the building once completed will pave the way to serve as a pilot college to orient and train farmers on modern farming method and techniques in ARMM and other nearby provinces.(ATM)

The government expects Philippine merchandise exports to grow eight percent this year to $85.2 billion, driven mainly by non-electronics especially fresh food exports and intermediate goods. “Fruits and vegetables have been enjoying generally good harvests, while processed food and beverages have likewise been experiencing robust demand,” said the Department of Trade and Industry (DTI) in a document released at the Philippine Economic Briefing. In 2013, non-electronics

exports totalled $30 billion, up by 11.5 percent from $27 billion the previous year. DTI said growth will be supported by increasing demand from Japan, China, United States, Singapore, Germany, Thailand and other countries in East Asia as well as ASEAN. “Lower tariffs in Philippine free trade areas have been a boon to Philippine exports,” it noted. Citing the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI), the DTI said the outlook for the electronics See export, page B3

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: e-mail: mindanaodaily.ads@gmail.com Contact: 0917-7121424, 0947-8935776


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