BusinessWeek MINDANAO 2 cents
Best in Business and Economic Reporting
Philippine Press Institute Civic Journalism Community Press Awards 2013
Volume V, No. 26
Market Indicators
As of 6:12 pm August 5, 2014 (Tuesday)
FOREX
PHISIX
US$1 = P43.57
6,998.37 points
15 cents
X
X
www.businessweekmindanao.com
New hydro plant UNITED Holdings Power Corp. (UHPC) said it plans to construct a 15-megawatt mini-hydropower plant in Bukidnon beginning early next year. UHPC President and Chief Executive Officer Dominic L. Sytin told reporters that he expects the Maladugao River project in Kalilangan, Bukidnon to start operations by the second quarter of 2017. “A portion of the energy produced will be supplied to the (First Bukidnon Electric Cooperative) to help alleviate the power shortage in the province,” he said. Mr. Sytin did not disclose any project costs, but added that the company is in the process of securing permits from the National Water Resources Board and the Department of Environment and National Resources.
First time moms MARAWI City -Breastfeeding mothers, especially first time moms, shoud not worry if they produce less milk, according to the City Health Office. City Nutrition Coordinator Fatima Macapodi has said that moms can still produce enough milk as long as they breastfeed their babies because frequent suckling of the baby stimulates the production of breastmilk. To further stimulate milk production, she advised breastfeeding mothers to eat nutritious and balanced diet and make sure that the attachment or positioning of the baby during breastfeeding is proper. Macapodi also explained that a mother can still breastfeed even if she is tired from work or even after doing household chores.
P15.00
The new Yamaha XTZ 125 and Serow 250:
Yamaha Motors launches newest models By CHENG ORDOÑEZ, Associate Editor with NELSON V. CONSTANTINO, Editor-in-Chief
104.14 cents
Briefly
Wednesday | August 6, 2014
MALVAR, Batangas – Yamaha Motors Philippines (YMPH) recently launched its newest creations, the Yamaha XTZ 125 and Serow 250, two motorcycle models that guarantee high performance, reliability, and at the same
time, affordable for Philippine market. First showcased at the Yamaha International Show last month, both the XTZ 125 and Serow 250 are dual sports bikes that boast great rides on city roads and on
rough terrain. The XTZ 125 is powered by a 125cc single cylinder air-cooled engine which produces 12.5 PS @ 8000 RPM and 11.6Nm @ 6500 RPM. Optimized for going on off road adventures, the XTZ 125 offers efficient performance coupled with an full story/PAGE 4
Mindanao banks on farms, tourism, infras I
Yamaha’s newest models, the Serow 250 and XTZ 125.
By CARMELITO Q. FRANCISCO, Correspondent
F Mindanao hopes to at least sustain its average 6.3% economic growth in 2013, investments must be made in infrastructure, agriculture and tourism, the Mindanao Development Authority (MinDA) said.
Janet M. Lopoz, MinDA executive director, said a stu dy by t he age nc y indicates that government investments in these sectors have attracted more private investments that contributed significantly to the gross regional domestic product (GRDP). “This is especially true in the case of infrastructure facilities because they cut across all sectors,” Ms. Lopoz told BusinessWeek Mindanao at the sidelines of the Mindanao Business
Solutions Expo held here last week. Ms. Lopoz said that for Mindanao to either sustain or increase its economic growth, investments must also be poured in transportation and logistics, particularly farm-to-market roads and port facilities, as well as cold storage facilities to cut post-harvest losses in crop production, she added. B as e d on d at a f rom the Philippine Statistics Authority, Mindanao’s 6.3% banks/PAGE 11
Yamaha Motors Philippines (YMPH) Sales and Marketing Director Mr. Kaoru Ogura (center) led the unveiling of Yamaha’s newest models, the XTZ 125 and Serow 250, during a press conference held Thursday last week at the company’s ground in Malvar, Batangas. With him are Marketing Communications Supervisor Ms. Maria Leinie Alambro (left) and Marketing Section Manager Mr. Ryan Jude Camus. (See related story above)
Siargao Int’l Surfing Cup now on its 20th year By ERWIN MASCARIÑAS, MindaNews
A man fixes his bait on Bolton Bridge, Davao City on Saturday (2 August). This bridge on Davao River is a favorite spot for these fishing hobbyists. mindanews photo by keith bacongco
SIARGAO, Surigao del Norte – The Siargao International Surfing Cup this year, now on its 20th year, is expected to be the biggest in terms of bringing in surfers and tourists from all over the world, organizers claimed. “This year the Siargao International Surfing Cup got even bigger after the surfing world’s governing body, the Association of Surfing Professionals (ASP), made
the competition one of its sanctioned events,” said Gerry Degan, contest director. Thus,
those competing in the world circuit will get points should they participate in the Siargao cup, he added. siargao/PAGE 11
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776