BusinessWeek MINDANAO CREDIBLE
Volume VII, No. 085
Market Indicators
As of 6:30 pm December 10, 2016 (saturday)
FOREX
PHISIX
US$1 = P49.768
6,880.91
5.5
X X Briefly
cents
12.02 points
Key cities THE National Economic and Development Authority (NEDA) said its plan to spread development to the countryside will involve improving the links of three key cities -- Davao, Cebu and Cagayan de Oro -- to their poorer hinterlands. In its National Spatial Strategy (NSS) review, NEDA’s National Land Use Committee (NLUC), an inter-agency committee, proposed to link urban areas with marginalized ones by creating road, sea and air links to help connect people to better-paying jobs offered by the urban centers. “It is important to improve the mobility of Filipinos by enhancing connectivity between urban centers and marginalized areas. With improved connectivity, linking jobs and people can be done more efficiently,” Socioeconomic Planning Secretary Ernesto M. Pernia said in a statement.
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By CARMELITO Q. FRANCISCO, Correspondent
G
UIDELINES for an electricity spot market in Mindanao are now being drafted, with implementation targeted by June 2017, according to an official of the Mindanao Development Authority (MinDA).
Tue-Wed | December 13-14, 2016
Romeo M. Montenegro, deputy executive director of MinDA, which is a member of the Mindanao Power Monitoring Committee, said the rules for the Philippine’s Wholesale Electricity Spot Market could not be adopted
as conditions in Mindanao are somewhat different from the rest of the country. In the case of electricity cooperatives, for example, a number have already signed purchase supply contracts with energy providers that
have yet to complete their facilities. “Electric cooperatives in Mindanao seemed to be contracted on paper, but the supply is not readily available,” said Mr. Montenegro. market/PAGE 11
Normin cops wont tape firearms’ during holidays By GERRY LEE GORIT, Reporter
Livelihood training THE street families who of Cagayan de Oro city graduated from the Community-Based Livelihood Training received their certificates of completion on December 12 at a graduation ceremony held here. The recipients are very thankful to the city government for giving them the opportunities to finish vocational courses despite their situation. “I never thought that I would be able to wear a black toga. I am so thankful to the people who made this event and opportunity possible,” says Reah Marie Cainglet, one of the graduates for housekeeping. City Social Welfare and Development Officer Teddy Sabuga-a, Dulce Potenciano and Technical Education and Skills Development Authority (TESDA) representatives handed the certificates to 1,079 graduates of the shortterm skills training program, a joint endeavor of the city government and TESDA.
P15.00
Spot market tailored for M’nao conditions: MinDA www.businessweekmindanao.com
MOST CHRISTMAS-DECORATED MOTORELAS. Motorola drivers, disguise as Santa Claus, decorated their motorelas with Christmas-themed ornaments to lure passengers in downtown Cagayan de Oro City. The city has launched a competition for the Most Decorated Yuletide-inspired motorela, a four-cycled public utility vehicle plying selected thoroughfares and communities in the city. GERRY LEE GORIT
Farmers group in Tagum seeks Duterte’s help to recover land By ANTONIO L. COLINA IV, MindaNews
TAGUM City -- A group of banana farmers has sought the assistance of President Duterte and Agrarian Reform Secretary Rafael Mariano in their effort to reclaim a 145-hectare land in Barangay Madaum here that was awarded to them in 1996 under the agrarian reform program. L apanday Fo o ds Corporation (LFC) has been using the land as a Cavendish banana
plantation. Linda Dayahan, a member of the board of directors of MARBAI narrates how they were fired at inside the banana plant ation Monday morning, injuring seven. MindaNews photo by Carolyn O. Arguillas In an inte r v ie w M o n d a y, L i n d a Dayahan, a member of the board of directors of the Madaum Agrarian Reform Beneficiaries A s s o c i a t i o n
Incorporated (MARBAI), said they wanted Duterte and Mariano to intervene, claiming they were not getting support from the city government and provincial Department of Agrarian Reform (DAR). “They should stop chasing us away. We did not steal the land. This was awarded to us by the government,” she said in the vernacular. Dayahan said she is hoping that Monday’s farmers/PAGE 11
THERE will be no sealing of firearm muzzles of law e n forc e r s i n Nor t h e r n Mindanao during the holidays, the police regional office said. The order came after police regional director Chief Supt. Noel Constantino sought the permission of the Philippine National Police (PNP) leadership who approved of his plan during a conference in Camp Crame last week. But PNP-10 spokesperson Supt. Surki Sereñas said Constantino has a deeper reason to forego the annual tradition of sealing their weapons’ during the holidays. Sereñas said Constantino ordered a stop to the yearly firearms/PAGE 11
PREPARING TO PLANT. Women farmers prepare to transplant rice seedlings in Mamasapano, one of the rice producing towns in Maguindanao. Mindanews Photo
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