Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Your Mindanao-wide Business Newspaper
Volume III, No. 081
Editor : Cheng Ordoñez
Wednesday
See story Page 12 August 27, on 2014
Yamaha takes on M’nao off-road challenge with XTZ125, Serow250 D
By Cheng Ordonez, Associate Editor
AVAO City - Yamaha Motor Philippines, Inc. announces a very promising prospect in sales of its XZT125 -- hitting more than a thousand unit sales -- after its successful launch last month at the Yamaha Head Office in Lima, Batangas, and on August 24, 2014, revved the off-road tracks, at the heart of Mindanao adventures -- Davao.
Yamaha takes the Mindanao off-roads at the 29th Kadayawan Cyclomax Mx in Davao Crocodile Park Complex in Ma-a, where riders in the south were treated to twin demonstrations and exciting race, at the dirt tracks with the arrival of, not just one, but two off-road gems -- the XTZ125 and the Serow250.
Yamaha put to race its XZT 125 model on Sunday at the Davao Crocodile Complex Park in Davao City. The event introduced motorcycle enthusiasts to the latest Yamaha models -- XZT 125 and SEROW 250 -- now available in the Philippines. PHOTO BY:GERRY LEE GORIT
Gov’t pursues investments in Mindanao with 29.5% of P287.83-B DPWH budget By Cheng Ordonez, Associate Editor, with PNA
At least, Php63.12 billion, 29.5 percent of the Php287.826 billion of the 2015 proposed budget of the Department of Public Works and Highways (DPWH), is allocated to Mindanao, where Php18.33 billion is intended for Region 10. Public Works and Highway Secretary Rogelio Singson earlier said the total Php63.12 billion budget for southern Philippines is divided to five regions, which aims to construct undertakings, including the Mindanao Logistics Network and the Autonomous Region in Muslim Mindanao Infrastructure Program. The DPWH will pursue investments for next year in upgrading quality and safety of roads and bridges, better access to tourism destinations, airports, seaports and RORO Ports and food production areas and flood risk reduction program and structure resilience and
resiliency and disaster risk management projects. The allocation for the said regions are as follow: Region IX (Php11.81 billion), Region X (Php18.33 billion), Region XI (Php13.73 billion), Region XII (Php8.89 billion) and Region XII (Php10.36 billion). Northern Luzon got 23.3 percent or Php49.73 Billion of the total budget, distributed to CAR (Php10.18 Billion), Region I (Php11.30 Billion), Region II (Php8.28 Billion) and Region III (P20.00 Billion) while Southern Luzon was given P43.84 Billion or 20.5 percent, Region IV-A (Php17.16 Billion), Region IV-B (Php12.48 Billion) and Region V (Php14.20 Billion). For the Visayas, Php37.85 Billion or 17.7 percent will be given to three regions, Region VI (Php13.96 Billion), Region VIII (Php13.04 Billion) and Region VIII
(Php10.85 Billion). Singson explained that the allocation is part of the DPWH’s regular budget. The rehabilitation of Zamboanga City, which has been included in last year’s allocation, is excluded. The same with the calamity and Bangsamoro funds. The budget for the region for next year does not include the Yolanda Rehabilitation/Reconstruction budget amounting to Php22.7 Billion. The National Capital Region (NCR) got the smallest amount at Php19.29 Billion or 9.0 percent. He added that the total capital outlays for 2015 is at Php269.71 Billion, 64 percent or Php173.51 Billion is allocated to the construction and rehabilitation of highways (roads and bridge) nationwide. Meanwhile, Singson reported that a total of 4,106 kilometer of newly paved national roads were completed comprising 88
percent by the end of 2013. The DPWH is targeting to make all temporary bridges along national roads See dpwh, page B7
The Serow250 was also introduced last month at the Yamaha’s Head Office in Lima, Batangas, along with the XZT125, and, in less than a month, these machines made their way to the roads of Mindanao and the unpaved terrain of the Kadayawan MX. At a press conference, See yamaha, page B7
Business group in CDO to host M’nao Food Congress 2014 CAGAYAN de Oro City - The Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) will host the Mindanao Food Congress 2014, the largest gathering of agriculture and food industry players, government policy makers, exhibitors, businessmen and consumers in Mindanao. This year’s Food Con-
gress with the ultimate goal of aligning Mindanao Food Security in the ASEAN Market hopes to re-affirm the position of the island as the country’s food basket by showcasing its agricultural products towards finding new markets and establishing industry networks. More imp or tantly, this conference will be an See congress, page B7
The new Emergency Room of the J.R. Borja General Hospital’s East Wing ( DOH) Building boasts of brand new equipment from the DOH’s Health Facilities Enhancement Program (HFEP). (Photo By Mike Baños, NPN/Post-Prod by S.A.Y.Uy)
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