BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 024
Market Indicators
As of 6:00 pm August 20, 2015 (thursday)
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www.businessweekmindanao.com
Friday | August 21, 2015
P15.00
Power coops to block sale of Steag’s IPPA
T X
OROQUIETA City -- The Department of Trade and Industry, here (DTI MisOcc) has warned the public against companies offering investments but do not give a receipt or proof of payment. These receipts are very much needed to support complaints against companies/ business groups offering investment products, if any, Maritess B. Alcampado, Head, Consumers’ Welfare Division (CWD) of DTI MisOcc said. She said consumers should keep all proofs and records of transactions, such as, receipts, contracts, agreements or certificates of investments and other documents of similar nature.
2014 ppi’S Best in ENVIRONMENTAL Reporting
By MARK D. FRANCISCO, Staff Writer
HIRTY-four electric cooperatives in Mindanao have banded together to organize a signature campaign to stop the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) from bidding out the contracted capacity of the Steag State Power, Inc. coal-fired power plant in Misamis Oriental. PSALM has scheduled the bidding for the selection and appointment of an independent power producer administrator (IPPA) for
Steag on September 23. Association of Mindanao Rural Electric Cooperatives (Amreco) executive Power/PAGE 15
Islamic nations call for phase out of fossil fuels By BONG D. FABE, Contributing Editor
BARELY two months since the Pope Francis issued the papal encyclical letter Laudato Si urging the world’s
1.2 billion Catholics to join the fight against climate change, Islamic leaders fuels/PAGE 15
MARANGALORE. Individual and bulk buyers start arriving outside the St. Mary’s Academy in Carmen, Cagayan de Oro City to buy Marang from Lanao del Norte province known for its yummy, juicy, sweet taste. Marang vendors, without a regular place in the city’s market, chose to display the fruits outside the walls of the Academy on the side of the busy road to attract buyers. photo by bong d . fabe
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