BusinessWeek Mindanao (April 9, 2018)

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BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 133 As of 6:00 pm April 6, 2018 (friday)

FOREX

PHISIX

US$1 = P52.02

7,945.66

X Briefly

76.50

cents

points

RELIABLE

X

El Nido-Davao flight AYALA-controlled boutique airline AirSWIFT Transport, Inc. has started taking bookings for its El Nido-Davao service which will launch in May. The airline will offer the thrice-weekly service on May 22 with El Nido departures scheduled for 11:25 a.m. and Davao departures at 2:10 p.m. The service will operate on Tuesdays, Thursdays and Saturdays. In February, AirSWIFT announced plans to expand services with destinations like Puerto Princesa, Davao City, and Tagbilaran, Bohol.

IN-DEPTH

Monday|April 9, 2018

Lapasan Highway, Cagayan de Oro City

I

P15.00

By CARMELITO Q. FRANCISCO, Correspondent

MPROVING productivity and creating employment opportunities in the agriculture sector, alongside the rollout of projects for better logistics and access to local and global markets, would be key to Mindanao’s development, according to the Mindanao Jobs Report released here Friday.

The study — a collaboration between the World Bank, the government’s Mindanao Development Authority (MinDA), and the private sector group Philippine Business for Social Progress (PBSP) — also recommends that priority be placed on improving social services and strengthening growth/PAGE 11

Mindanao needs additional 3,000MW from 2021 to 2030

Online marketing THE Department of Trade and Industry (DTI) and the Department of Science and Technology (DOST) are teaming up to help micro, small and medium enterprises (MSMEs) expand their market reach online through the OneSTore. ph platform. The OneSTore.ph is the first government e-commerce platform dedicated to marketing high-quality Filipino products of MSMEs through the worldwide web by “bringing quality products to Filipino doorsteps.” Under the OneSTore.ph agreement, DTI will promote the oneSTore.ph to MSMEs through Negosyo Centers as a platform where they can market their products online. DTI will also make Negosyo Centers accessible to clients of DOST and allow clients to display and dispatch their products with its payment and logistic partners in the One Town One Product (OTOP) Philippines HubStores.

Cagayan de Oro

Agri sector still key to M’danao growth www.businessweekmindanao.com

Market Indicators

9.5

YOUR Mindanao-wide BUSINESS paper

By ANTONIO L. COLINA IV, MindaNews

THE high growth in real estate industry in Mindanao will require additional capacities of 3,000 megawatts between 2021 and 2030 to prevent shortage that may occur if no new power plants will be established within this period,

Mindanao Development Authority (MinDA) executive deputy director Romeo Montenegro said. In an interview during t h e “Mi n d an a o To d ay, Mindanao Tomorrow” forum at Marco Polo Davao on

Friday, Montenegro said the island needs a additional huge supply of power as a result of the sprouting of malls, hotels, and condominiums. “Condominium towers alone will require huge capacity, not including expansions of real estate needs/PAGE 11

BAN ON BILLBOARDS. Citing the preservation of natural beauty, cityscape and skyline of bustling Cagayan de Oro, a city councilor has proposed a total ban on billboards and other outdoor advertising along the city bridges. file photo by gerry gorit

Dad pushes ban on outdoor billboards along Oro bridges By MARK FRANCISCO, Staff Writer

A C AG AYA N d e O r o City councilor has filed a proposed ordinance banning the erection of advertising billboards within 200 meters from the city’s bridges. The proposal, authored by

Councilor Reuben Daba, will be tackled by the City Council committee on ways and means next week. It particularly identified the following areas as no-billboard zones: Ysalina ban/PAGE 11

GN Power Kauswagan’s coal plant in Lanao del Norte as of March 2018. mindanews photo by bobby timonera

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


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