BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 130
Market Indicators As of 5:00 pm april 26, 2016 (tuesday)
FOREX
PHISIX
US$1 = P46.787
7,180.53
5.7
X Briefly
cents
X
31.39 points
Peace-building THE EUROPEAN Union (EU) and the United Nations Development Programme (UNDP) have launched a project that hopes to sustain the development of Mindanao by broadening local capacity for public administration and widen participation in peacebuilding. “We would like to keep the dialogue open to strengthen peacebuilding efforts even in the grassroots level,” EU Ambassador Franz Jessen said in a statement. “This initiative would contribute to ensuring participation of all stakeholders especially women and children in local processes, decision making and conflict mitigation for sustainable peace,” he added.
Greenhouse reduction VARIOUS government agencies, nongovernment organizations and civil society groups have committed to helping reduce the country’s greenhouse gas emissions by 70 percent by 2030. The commitment was the gist of a covenant signed on Friday at the Department of Environment and Natural Resources (DENR) in Q uez on C it y o n t h e occasion of Earth Day. The covenant signing happened on the same day the Paris agreement on climate change was signed by world leaders at the United Nations headquarters in New York.
2014 ppi’S Best in ENVIRONMENTAL Reporting
P15.00
NGCP sets up measures to ensure stable power www.businessweekmindanao.com
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Thu-Fri | April 28-29, 2016
By CHENG ORDOÑEZ, Associate Editor
OVERNMENT-owned National Grid Corporation of the Philippines (NGCP) is stepping up contingency measures to secure its transmission lines which are vital to ensure sufficient and steady supply for the national elections which is less than two weeks away.
NGCP spokesperson Cynthia P. Alabanza said the grid operator will have to step up and clear those lines with the help of the AFP [Armed Forces of the Philippines] and PNP [Philippine National Police]. Alabanza said the company is set to clear
the areas underneath the transmission lines within 20 days after April 20. These areas have been planted with fast-growing trees that could cause electricity to trip and result in power outages. She said the NGCP needs to clear of vegetation eight transmission lines
in Mindanao to ensure rel i abi l it y of p owe r supply. The lines are in properties with several claimants who have been demanding exorbitant amounts to settle rightof-way issues. In a cont ingenc y briefing with editors of ngcp/PAGE 9
Linemen secure the power lines. The grid operator has implemented measures ensure steady supply of power during the election day.
Wage hike petitions:
P163 for Davao Region, P148 for Soccsksargen By CARMELITO Q. FRANCISCO, Correspondent
DAVAO City -- The Trade Union Congress of the Philippines (TUCP) has filed petitions for an increase
in the minimum daily wage in the regions of Davao and Soccsksargen, by P163 and hike/PAGE 9
P500-M bulk water supply project underway in Misor A BULK water supply project worth P500 million is now underway in the municipality of Opol, Misamis Oriental which FRESH CATCH. A fisherman unloads his catch from the seas of Samal Island at is undertaken through a Bangkerohan public market in Pag-asa, Bangkerohan, Davao City. Pag-asa is the public-private partnership dropping point for vegetables and fishes from different regions in Mindanao. scheme. MindaNews photo by Toto Lozano In a statement, listed firm
A Brown said its subsidiary-B Bulk Water Co., Inc.--has launched the project located at the Lumayagan River in Baragay Tingala in Opol town. The project is in partnership with the local government of Opol. supply/PAGE 11
Different parties, different strokes:
Local pols (re)imagine CdO’s mental-health facility, program (First of a two-part series) By LINA SAGARAL REYES, Contributor
TO build or not to build a mental health facility is no longer a question among politicos in Cagayan de Oro City in Mindanao. All the three contending political parties in the coming May 2016 elections agree the time is ripe to build one.
The Centrist Democratic Party (CDP), Liberal Party (LP) and the Padayon Pilipino Party (PPP) have all claimed that constructing a mental hospital is among their to-do list, should their candidates win. But the three political
organizations differ in their strategies to fulfill the promise of a public facility deemed to improve access to mental health services for the city’s population of almost 700,000, who are living in communities that bear the brunt of mental health disorders, some of which are drug-abuse related. Q u ot ing t he World
Health Organization (WHO), epidemiologist Aileen Alfonso Duldulao in a study of clients data at a local psychiatric facility here noted that “(I)n the Philippines, the need for in-patient psychiatric care is severely unmet. According to the 2014 Mental Health Atlas Country Profile for the Philippines, there were
only 3 inpatient mental hospitals, 14 psychiatric units in general hospitals, and 15 inpatient residential care facilities to serve a population of over 100 million.” In Mindanao, the 200bed Davao Mental Hospital at the Southern Philippines Medical Center compound pols/PAGE 9
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