BusinessWeek Mindanao (April 25, 2016)

Page 1

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 128

Market Indicators As of 5:21 pm april 23, 2016 (Saturday)

FOREX

PHISIX

US$1 = P46.578

7,255.39

19.4 cents

X

X

2.46

points

Briefly SRP compliance THE Cagayan de Oro City Council committee on trade, commerce and cooperative urged businessmen in the city to comply with the suggested retail price(SRP) of basic goods and commodities. This after the Department of Trade and Industry (DTI 10) submitted its weekly report to the committee pertaining to current retail price of different goods displayed in the malls and public markets. These include the prices of sardines, processed milk, noodles, coffee, detergent bar, salt, bread, candles, distilled water, mineralized water, purified water, vinegar, patis, soy sauce, flour, toilet soap and other basic goods sold in public markets and malls in the city.

2014 ppi’S Best in ENVIRONMENTAL Reporting

Dev’t council pushes for P100.54-b budget www.businessweekmindanao.com

T

Monday | April 25, 2016

By MIKE BAÑOS, Editor-at-Large

HE Regional Development Council of Region X has approved a P100.541 billion budget for Northern Mindanao for the Fiscal Year 2017. The consolidated amount was approved through a series of resolutions passed during the 108th RDC-X Full Council Meeting held at a

local restaurant in Cagayan de Oro last April 12, 2016. Social Sector Agencies and State C olleges and Un ive rs it i e s ( SU C s )

accounted for the lion’s share of the total with 48.5 percent totaling P48.837 billion, followed by Infrastructure Agencies which accounted for 44 percent with P44.426 billion. The full council also endorsed the proposed budgets for Economic Sector Agencies with P5.399 billion budget/PAGE 11

Regional Development Council X co-chair NEDA regional director Leon Dacanay Jr presides over the 108th Full Council Meeting for FY 2017 budget consultations-1.

Power consumers urged to file for rate reduction By MIKE BAÑOS, Editor-at-Large

HERE’S a touch of cool rain for consumers scorched from paying rising electric bills. The Energy Regulatory C ommission has urge d

Livelihood projezts MARAWI City --- Livelihood projects worth P12.6 million under the region’s banner program Health, Education, Livelihood, Peace and Governance and Synergy (HELPS) will be awarded to various cooperatives in the Autonomous Region in Muslim Mindanao (ARMM). The livelihood assistance, extended to the beneficiaries through ARMM’s Science and Technology department (DOSTARMM), comprises nine bakery projects in the provinces of Basilan, Sulu, and Tawi-Tawi; two organic or vermi-composting fertilizer production in Lanao del Sur; and three mat-weaving projects in Tawi-Tawi. Mon-Em Abangad, DOSTARMM information officer, said three bakery projects were already turned over to cooperativebeneficiaries in Basilan province on April 12. The cooperatives, he said, were provided capital funds and their members given skills training.

P15.00

consumers who perceive them to be burdened with overpriced electricity to file for rate reduction with the commission. reduction/PAGE 11

Seminar workshops slated for construction reporting MARCH AGAINST HUNGER. Militant farmers march through the streets of Cagayan de Oro City on Friday, April 22, 2016 demanding government agencies to release calamity funds to alleviate their hunger in the wake of the prolonged drought. MindaNews photo by Froilan Gallardo

A SERIES of seminarworkshops for media practitioners on the links between the construction industry and sustainable

growth is set to kick off next week. The Philippine Press Institute (PPI) and seminar/PAGE 11

DR. TAGAYUNA

RODRIGUEZ

SPECIAL REPORT

Most mental-health caregivers in NW-Mindanao are women: study By Lina Sagaral Reyes, Contributor

ON THE SHOULDERS of women rest the burden of mental-health caregiving

a m on g Nor t h - We s t e r n Mindanao-based families, suggests a visiting US-based

epidemiologist and social worker. Thus, a program beyond the building of a public caregivers/PAGE 11

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


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