BusinessWeek Mindanao (August 23-24, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 025

Market Indicators

As of 6:00 pm August 20, 2015 (thursday)

FOREX

X

US$1 = P46.50

15 cents

PHISIX

X

7,344.73

11.28 points

Briefly Davao orchids DAVAO City -- The Floriculture Industry of Davao, Inc. (FIDI) has encouraged Dabawenyos to grow at least one Waling-waling orchid plant and propagate in their homes in view of the increasing demand and the number of Manila flower growers and sellers sourcing their products here for exhibits. FIDI past president and Agro Trade Fair 2015 exhibit in charge Vicky Jimenez, in an interview, said they had been advocating that fellow Dabawenyos grow Waling-waling, scientifically known as Vanda sanderiana. The orchid is endemic to Davao and in other places in Mindanao like Cotabato and Zamboanga with Mt. Apo as its home.

X

2014 ppi’S Best in ENVIRONMENTAL Reporting

Power company eyed to take hydro sources www.businessweekmindanao.com

Sun-Mon | August 23-24, 2015

M

INDANAO lawmakers are urging the Joint C ongressional Power Commission (MPC) to request the Department of Energy to study the feasibility of creating the Mindanao Power Corp. (MPC).

“The challenges facing the country’s power industry must be addressed to avoid

any power crisis in the future and derail the nation’s power/PAGE 11

Rufus confident of unified version of BBL after bicam By MARK D. FRANCISCO, Staff Writer

CAGAYAN de Oro City Rep. Rufus B. Rodriguez (2nd district) has expressed confidence that both the Senate and the Lower House

will ultimately reconcile its respective version of the proposed Bangsamoro Basic Law (BBL) during its bbl/PAGE 11

Armm employment THE government gives utmost importance to the protection of rights and the welfare of civil servants in the Autonomous Region in Muslim Mindanao (ARMM) and systems have been put in place to ensure these rights would be protected when the Bangsamoro is established, says the Coordination Team for the Transition (CT4T) from the ARMM to the Bangsamoro. The CT4T issued the assurance following the release of a statement from Senator Ferdinand “Bongbong” Marcos Jr., chair of the Senate Committee on Local Government, saying “the new government under the proposed Bangsamoro Autonomous Region should give preference to displaced workers of the ARMM in hiring new civil servants.”

P15.00

DAREDEVIL. A boy leaps towards the natural lagoon at the foot of Tinago Falls in Iligan City Friday morning. mindanews photo by bobby timonera

Laws needed to protect transmission lines: NGCP By MARK FRANCISCO, Staff Writer

Rodriguez

Marcos, Jr.

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

THE National Grid Corporation of the Philippines (NGCP) has appealed to local government units as well as

Congress to enact laws that will prohibit and penalize the building of structures and the planting of trees near

transmission lines. NGCP spokesperson Cynthia P. Alabanza said local and national laws will provide more teeth when the company needs to assert right-of-way for power transmission lines. N G C P ’s h e a d o f maintenance, Gi ldo R . Listano, explained that there should be no natural or manmade structure within nine meters from any transmission line as a precaution against electrocution and outages. Mr. Listano said the regulations should be in place up to the barangay level laws/PAGE 11

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


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