BusinessWeek Mindanao (December 7, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 072

Market Indicators As of 6:21 pm December 4, 2015 (friday)

FOREX

PHISIX

US$1 = P47.081

6,921.93

7.4

X Briefly

cents

X

72.17 points

New shopping mall ALSONS Development and Investment Corp., owner of the iconic Aldevinco Shopping Center here, is in talks with homegrown developer Damosa Land, Inc. (DLI) to open a similar souvenir shop at the latter’s Market Basket complex near the airport. At the recent launching of the refurbished Market Basket, DLI Vice-President Ed O. Villaver said they are eyeing to develop part of the Damosa complex into a “Pasalubong Center,” where tourists can shop for local goods. “It’s already happening now since this is the last junction going to the airport. Everyone that goes to and from the airport can pass by here,” Mr. Villaver said in an interview on the sidelines of the event.

2014 ppi’S Best in ENVIRONMENTAL Reporting

Value of mine exports from Surigao down www.businessweekmindanao.com

Monday | December 7, 2015

S

P15.00

By ROEL CATOTO, MindaNews

URIGAO City — Prices of nickel export products have continued to plummet in the world market affecting profits of large-scale mining companies, Lilibeth M. Mangsal, district collector of the Bureau of Customs in Surigao City said.

A document obtained by MindaNews showed that from January to October last year, mine export products being shipped out reached 15.9 million metric tons with a total value of US$775.8 million. value/PAGE 11

SLUMP. Big ships wait off the shore of the coastal village of Cagdianao, Claver town in Surigao del Norte. These ships reportedly carry nickel ore to China. mindanews file photo by roel n . catoto

Cerilles wins int’l award for policy-making, governance By BONG D. FABE, Contributing Editor

Paris filmfest DAVAO City -- A short film about a physically impaired man living in Davao City’s San Pedro Street is now being screened in 13th Signes de Nuit International Film Fest in Paris, France. The film helmed by Albert Egot Jr. joins seven other films from the Philippines which is currently being shown in the annual film festival that showcases several multi-genre cinematic works from across the world. The festival started last November 26 and will run to December 6. “Ang Baril ni Polding na Walay Pulbura” (The Gun of Polding without Gunpowder) tells the story of John Michael Exel alias Polding, a paraplegic living in the streets of San Pedro and Claveria in downtown Davao City who despite being jobless and homeless still finds beauty in his everyday’s life.

PA G A D I A N C i t y - Zamboanga del Sur Governor Antonio Herrera Cerilles has

been chosen as this year’s recipient of the prestigious Cerilles/PAGE 11

IT’S CHRISTMAS TIME. Trees at the capitol grounds in Cagayan de Oro City are decorated with dozens of colorful bulbs as the provincial government officially lighted the trees on Friday night (December 3, 2015). photo by gerry lee gorit

Customs-10 personnel under probe for cyanide smuggling EXCELLENCE. Governor Antonio H. Cerilles of Zamboanga del Sur receives the award for Excellence in Agricultural Leadership 2015 for Policy-Making and Governance from Association of Agriculture Technology in Southeast Asia (AATSEA) President Kasem Soytong in Hanoi, Vietnam. photo courtesy of julius breva

By CHENG ORDONEZ, Associate Editor

BUREAU Of Customs Region 10 (BOC-10) collector Atty. Ruby Claudia Alameda has asked the signatories

responsible for the release of the seven containers full of sodium cyanide to explain within 48 hours from

Friday why they released the shipment despite loopholes in the documents. I n i t i a l l y, A l a m e d a pointed out negligence on cyanide/PAGE 11

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


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