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Volume V, No. 33
Market Indicators
As of 6:12 pm August 19, 2014 (Tuesday)
FOREX
PHISIX
US$1 = P43.64
7,082.75 points
unchanged
unchanged
Briefly LGUs harmonization DAVAO del Norte -- The Department of Trade and Industry (DTI) based in the province encouraged recently the local government units in the province to strengthen its investment promotion through standard policies and registration process. Around 40 office heads in the local government units concerned in investment promotion, business permits and licensing, treasury and assessor assembled on August 13 at Big8 Corporate Hotel to a Forum on Business Permits and Licensing System cum Local Investment and Incentive Code Harmonization in the province. Romeo Castanaga, provincial director of DTI – Davao del Norte, said that since the establishment of the provincial investment and incentive code, their office advocated to the cities and municipalities to have their codes synchronized with the province in terms of substance and form.
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Friday | August 22, 2014
By CRIS DIAZ, Associate Editor
LAWMAKER from Cagayan De Oro City has filed a resolution to find out whether a “dual vocational” training could address the problem of unemployment in the country.
The latest SWS survey has shown that about 12 million Filipinos in the country are unemployed and the government has been adopting measures to address it. Rep. Rufus B. Rodriguez, said on Thursday that through House Resolution 1034, the House Committee on Basic Education and Culture would determine whether the implementation of the dual vocational training is viable. He said that the “dual vocational” training practices a dual education system w here it combines t he apprenticeship in a company and the vocational education in a vocational school. Ro dr igue z cite d t he
successful “dual vocational training” in Duales Au s b i l d u n g s s y s t e m i n Germany, where the young German apprentice selects one of the 356 occupations and undergo es st r ic t ly defined national standard on the precise skills and theory of the job. “One part of the dual education course entails students being trained in a company for three to five days a week and the company is responsible for ensuring that the students get the standard quantity and quality of the training set down in the training modules for each trade,” Rodriguez said.. He said that the practical training may be solve/PAGE 7
BUTUAN’S SUSPENSION BRIDGE. An aerial view of Mindanao’s “most beautiful and largest suspension bridge” along the mighty Agusan River in Butuan City. mindanews photo by erwin mascarinas
Mindanao top in production of rubber, pineapple, banana By BONG S SARMIENTO, MindaNews
WITH its vast fertile lands, Mindanao remained as the Philippines’ top producer of rubber, pineapple and banana despite the natural calamities that hit the island-region in the last two years. Based on the “Performance of the Philippine Agriculture” by t h e D e p ar t m e nt of
Foreign surgeons’ aid AT least 71 individuals, mostly children, with cleft lip defect underwent free cheiloplasty by a team of surgeons from Australia and New Zealand on August 19 and 20, at the J.R. Borja General Hospital here under its Interplast Project. The team of surgeons is composed of Dr. Michael McGlynn, Dr. John Joseph McGuinness, Dr. Kevin Ho, Dr. John M’Carty, Dr. Paul Birrel, and Sisters Dedre McGlynn and Sarah Bennel. The team has been coming to this city for 15 years to help people with the defect. But this is the first time that operations have been done at the J.R. Borja Hospital. (Cheng Ordoñez)
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‘Dual voc’ proposed to solve joblessness www.businessweekmindanao.com
‘No Full Mask Helmet’ policy in downtown CDO pushed By CRIS DIAZ, Associate Editor
CAGAYAN de Oro residents had thrown support over the proposed Ordinance prohibiting the use of full mask helmets within the city’s downtown district. City Councilor Candy Darimbang said on Wednesday that she has
also proposed the ban of using “tinted” helmets by motorists around the city in order that they could be easily recognized. Darimbang said that the measure aims to address the growing incidence of robbery and shooting here
perpetrated by riding in tandem suspects who are wearing a “full mask” helmets. “The identities of the suspects could not be easily recalled because of the helmets, some are tinted, that the motorists used,” Darimbang said. She said that during a policy/PAGE 7
Agriculture - Bureau of Ag r i c u lt u r a l St at i s t i c s 2013, the output of selected industrial crops, fruit crops and fisheries in Mindanao performed well. “Despite the vulnerability of some regions in Mindanao caused by climate change, as a whole it continues to show
resilience in its agriculture performance, putting in its significant share in the country’s food security,” Luwalhati Antonino, chair of the Mindanao Development Authority (MinDA), said on Friday. Mindanao accounted for almost 100 per cent share in the nation’s rubber top/PAGE 7
FESTIVE KALESA. A traditional horse-drawn carriage or kalesa gets a new look for the Pamulak sa Kadayawan floral float competition and civic parade in Davao City, August 17, 2014. mindanews photo by erwin mascarinas
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