BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 097
Market Indicators
As of 6:21 pm February 9, 2016 (tuesday)
FOREX
PHISIX
US$1 = P47.737
6,637.43
X
2.7 cents
X
127.70 points
Briefly Green campaign DAVAO City -Environmentalists and concerned citizens have taken to the internet in a bid to save green spaces in Davao City which will be affected by the amendment to the Comprehensive Land Use Plan (CLUP). Last January 26, the City Council passed in the third and final reading an amendment to the CLUP which takes out the provision of a mandatory 10% green spaces imposed on housing developers. These spaces are earmarked specifically for parks and gardens. The amendment incorporates the 10% green spaces to the 30% allocation for open spaces which is set for roads, drainage and common facilities.
2014 ppi’S Best in ENVIRONMENTAL Reporting
Fuel mix policy seen to curb coal plants www.businessweekmindanao.com
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Wednesday | February 10, 2016
By MYRNA VELASCO, Contributor
HE fuel mix policy being cast by the Department of Energy (DOE) will put a stop to the aggressive expansion of coal plants – given the fact that the country’s base load source of power will already be solved in the immediate term.
In a presentation to the media of the draft Philippine Energy Plan (PEP), DOE director Jesus Tamang has emphasized that “a fuel mix policy could prevent increasing share of coal in total power generation.”
The overall aim, he added, will be for the policy to also pare the inclusive greenhouse gas (GHG) emissions of the power generation sector given the proliferation of new coal capacities in the coming fuel/PAGE 7
CHINESE NEW YEAR. Holding a joss stick, a young boy prays along with his elders at the Bell Church in Barangay Macasandig, Cagayan de Oro City Sunday night to usher the year of the Fire Monkey. mindanews photo by froilan gallardo
Vista Land allots P1 billion for Davao project
Agro-industrial estate DAVAO del Norte -Panabo City Mayor James Gamao pledged to put up infrastructures to boost the Anflo Industrial Estate. In a recent interview, Mayor Gamao declared that he instructed the city engineering office to pave the Brgy. San Vicente roads going to the economic zone to start this year. “We will tap the road going from San Pedro Quasi Parish to the Diversion-Coastal Road as peripheral for the economic zone,” Gamao said.
P15.00
By CARMELITO Q. FRANCISCO, Correspondent
MONKEY BRIDGE. Tourists cross the monkey bridge for fun and adventure at the Aliwagwag Falls in Cateel, Davao Oriental. The trees surrounding the falls have recovered from the devastation wrought by supertyphoon Pablo in December 2012. The area has been developed and is now a favorite tourist destination. mindanews photo by gg bueno
Tower 25’s lot owner demands fee of P40M By ANTONIO L. COLINA IV, MindaNews
DAVAO C it y - - A top official of the National Transportation Corporation (Transco) said the family who owns the lot where the
bombed Tower 25 of the National Grid Corporation of the Philippines (NGCP) stood is asking the government fee/PAGE 7
DAVAO City -- Leading homebuilder Vista Land and Lifescapes is spending P1 billion for the initial
development of its first township proj ec t here, combining its f lagship Camella brand with its low-
cost Lumina Homes. Within the first quarter, the company is set to start land preparation and common infrastructure work on the vista/PAGE 7
Monkeys beg for food on highway By FERDINANDH B. CABRERA, MindaNews
DATU ODIN SINSUAT, Maguindanao – Has the long dry spell or El Nino phenomenon affected even monkeys? On Monday afternoon, some 20 monkeys which looked hungry were seen b eg ging for fo o d f rom motorists and locals on the
highway of this town. Among the motorists was a certain Mr. Aranias, a government employee who was passing by aboard a motorcycle with his son and daughter. They stopped for a while, pulled out some pandesal (bread) and gave it to the
monkeys. Other monkeys were seen on top of coconut trees harvesting young fruits to eat. “They come closer to people now, so we give them food and take photos of them,” Aranias said. “Clearly, they are asking for food…they don’t attack monkeys/PAGE 7
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