BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 028
www.businessweekmindanao.com
2014 ppi’S Best in ENVIRONMENTAL Reporting
Sun-Tue | Aug. 30 - Sep. 1, 2015
P15.00
Bidders for Steag X X plant down to 6 Briefly T
Market Indicators
As of 6:21 pm August 28, 2015 (friday)
FOREX
US$1 = P46.73
5
PHISIX 7,098.81
76.72
cents
points
Branding
THE Department of Trade and Industry (DTI) is pushing for the branding of products of micro, small, medium enterprises (MSMEs) to make them more competitive in the local and foreign markets. “As part of DTI’s effort to back the development of MSMEs, we help them create distinctive names and images for their products aimed at their target market,” DTI Undersecretary Ponciano C. Manalo, Jr. Manalo noted that branding provides an impact on a certain product’s presence in the market that helps MSMEs attract and keep their target consumers.
HE bidders for the 210-megawatt power output of the Mindanao coal fired power plant has been reduced to six, according to Power Sector Assets and Liabilities Management (PSALM) president and chief executive officer Lourdes Alzona. ”It’s not due to the colatilla. Some companies entered into joint ventures, while some had not paid their bid documents. The bidders
are now six from the 12 that attended the forum,” Alzona told reporters. The government-owned and controlled corporation
is mandated to privatize assets of the National Power Corporation (Napocor), including the independent power producer administrator contract for the Mindanao coal fired power plant. The Misamis Orientalbased coal plant was built in 2006 through a 25-year build-operate-transfer power bidders/PAGE 11
X Xavier University, World Bank ink
Plenary debate COTABATO City -- Autonomous Region in Muslim Mindanao (ARMM) Executive Secretary Atty. Laisa Masuhud Alamia commended the Senate for finally starting the muchanticipated plenary debates on the Basic Law for the Bangsamoro Autonomous Region (BLBAR). At the same time, ARMM officials appealed to senators to keep into consideration the original Bangsamoro Basic Law (BBL) draft when they review the bill’s version they are debating on the Senate floor. “The public, especially the people in the ARMM, have been waiting for the Senate to tackle on the floor the BBL. We are happy that they finally proceeded yesterday and we anticipate dynamic and meaningful debates in the coming days,” said Alamia.
knowledge sharing partnership By MIKE BAÑOS, Editor-at-Large
THE city’s oldest university and one of the world’s biggest knowledge sharers have signed a partnership agreement which would
expand its knowledge sharing network in the Philippines and abroad. Fr. Roberto Yap, S.j., Xavier University-Ateneo de
Cagayan president and World Bank Philippines Country Director Motoo Konishi signed t he par tnership agreement Agust 26 which links the university as the 18th ink/PAGE 11
Photo shows MyPhone President and CEO David Lim, Teenage King Daniel Padilla, Trending King Devon Seron, MyPhopne Vice President Richie de Quina during the signing ceremony. photo supplied
MyPhone recently extended their partnership with Teen King DANIEL PADILLA a n d # Tr e n d i n g Q u e e n DEVON SERON as their Official Endorsers. Daniel and Devon is the ideal Filipino Teen Idols which represents MyPhone’s Ideal of Global Filipino says Richie De Quina, Vice President of MyPhone. Good Looking, Educated, C onfident and Proud Filipinos who loves the Countr y and
God fearing, ideals that MyPhone look for in their partners. MyPhone w i l l b e ver y aggressive in the next couple of months and shall be introducing HERO Products which w i l l f u r t he r e st abl ish MyPhone as the Number 1 Mobile Phone Brand in the Philippines. For more information, you may visit us at www. myphone.com.ph or www. facebook.com/myphone
IP entrepreneurs join R-10 trade fair By IRENE DAYO, Staff Writer
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.
SMALL-medium-sized entrepreneurs from indigenous people (IP) communities in the Northern Mi nd anao re g i on have joined for the first time the fair/PAGE 11
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776