BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 021
X
Market Indicators
As of 6:00 pm August 13, 2015 (thursday)
FOREX US$1 = P46.15
11
PHISIX 7,495.43
X X Briefly
cents
75.02 points
World food expo FOUR local food exporters from Northern Mindanao took part in the leading international food exhibition network, Salon International de I’Agroalimentaire (SIAL). SIAL started in Paris in 1964 and has now six major exhibits every year targeting big markets or trade blocs such as Europe, Brazil, China, Canada, Middle East and the newest and equally promising SIAL-ASEAN. The Philippines is honored to be once again the venue for the 2nd edition SIAL-ASEAN at the World Trade Center, Metro Manila last June 17-19, 2015.
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2014 ppi’S Best in ENVIRONMENTAL Reporting Fri-Sat | August 14-15, 2015
TSI’s first power unit boosts M’danao grid By CARMELITO Q. FRANCISCO, Correspondent
T
HERMA S outh Inc .’s (T SI) first 150-megawatt (MW) unit is now supplying power to the Mindanao grid and will begin billing its customers this week, initially at less than half the contracted price. A report from TSI indicates that the company, a subsidiary of Aboitiz Power Corp. (AboitizPower), will
Discount caravan AS the “Higalaay Festival-Cagayan de Oro city fiesta” is fast approaching, the Department of Trade and Industry Misamis Oriental Provincial office- DTIMOR, in cooperation with the Regional Tripartite Wages and Productivity BoardRTWPB, and the local government of Cagayan de Oro, has set to launch a Pre-Fiesta Diskwento Caravan to cater to the fiesta needs of the locals. Set to run on August 14-15, 2015, Friday and Saturday, 8:00 a.m. - 5:00 p.m. at Magsaysay Park, Divisoria, (near Dunkin, Greenwich) Cagayan de Oro City, this Pre Fiesta Diskwento Caravan holds the theme “Diskwento Presyong Panalo Para sa Mamimiling Pilipino.” This is expected to serve a bigger number of the consuming public especially the marginalized sectors.
P15.00
TOBACCO HARVEST. A hired laborer harvests mature tobacco leaf in a tobacco farm in Barangay Ane-i, Claveria, Misamis Oriental. photo by bong d. fabe
Tobacco farming helps eradicate tambays in Claveria villages By BONG D. FABE, Contributing Editor
ANE-I, Claveria, Misamis Oriental — Idle hands and idle lands are getting lesser and lesser as more and more
people are joining the rush and cash in on tobacco farming in this municipality considered the food basket
of Misamis Oriental. Thanks to the continuous tobacco production operation of the Philip Morris Fortune Tobacco tobacco/PAGE 13
start charging P2 per kilowatt hour (kWh), lower than the P5.50/kWh stipulated power/PAGE 15
Public, private sectors urged to ‘journey’ with villages to development By BONG D. FABE, Contributing Editor
CHARLITO “Kaloy” Z. Manlupig, the pioneer of the Balay Mindanaw Group of NGOs (BMG) is urging both the public and private sectors to “journey” with the barangays of Cagayan de Oro City towards peace, equity and development.
“They are calling on us to join them in their journey. No, they are not asking us for dole outs. All they are asking is for us to fill the gaps. They are just claiming what is rightfully theirs — appropriate services and journey/PAGE 15
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