BusinessWeek Mindanao (February 14, 2018)

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BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 112

Market Indicators

As of 6:00 pm February 13, 2018 (tuesday)

FOREX

PHISIX

US$1 = P51.77

8,570.14

29

X X Briefly

cents

82.23 points

‘Persona non grata’ DAVAO City -- The city council here on Tuesday declared Senator Antonio Trillanes as “persona non grata” for portraying the city the most dangerous in the Philippines and likening Dabawenyos to North Koreans who are easily brainwashed by President Rodrigo Duterte. The ci t y c o u n c i l a l s o declared New York-based Filipina businesswoman Loida Lewis as persona-non-grata. Lewis was recently accused as one of those allegedly behind the International Criminal Court’s (ICC) decision to investigate the extrajudicial killings in the Philippines. Vice Mayor Bernard Alag explained in an interview that as persona non grata, Trillanes is not welcome in Davao City.

Samba dance KIDAPAWAN CITY -- It broke the world record in 2016 for the Cha-cha dance and this time, this city has attempted to break another Guinness World Record for the “largest Samba dance” in one setting. About 17,000 or 8,500 pairs of Samba dancers, led by Kidapawan City Mayor Joseph Evangelista, performed on Monday the largest Samba dance in another attempt to break world record. “I am confident we break the record of current world record holder,” Evangelista told reporters after the dance showdown along a three-kilometer stretch of the Maharlika national highway here.

cmyk

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vertical home builders enterprises Patag Highway, Cagayan de Oro City

Tel. No. 858-5789 / Fax No. 850-5020; Cel. Nos. 0919-655-3754, 0923-304-2676 Email: verticalhomebuilders@yahoo.com

Dealer of hardware and construction materials: Product Lines: Angle Bars; Gl Pipes; C-Purlins; Holow Blocks; Coco Lumber; Carrying Channel; Double Furring Channel; Single Furring ; Acoustic Board; Polycarbonate; Power Tools; Good Lumber S4S; Panel Doors; PVC Laminated Panel; PVC Vertical Blinds; Roller Blinds ; Wooden Blinds; Armstrong Vinyl Tiles; Kent Vinyl Tiles; Parquet Tiles - Apo Vinyl Tiles.

“YOU NAME IT, WE HAVE IT.”

PSALM seeks advisor for hydro plants rehab www.businessweekmindanao.com

Wednesday | February 14, 2018

P15.00

S

Distributor & Dealer of: Steel Bars; Holcim Cement; Davis Paint; Sand & Gravel; Plywood; INdustrial Supplies; Finishing Supplies; Electrical Supplies; Power Tools; Air Compressors

By MYRNA M. VELASCO, Contributor

TATE-run Power Sector Assets and Liabilities Management Corp. (PSALM) is now in the process of shortlisting prospective institutions for transaction advisor for the planned P54-billion rehabilitation venture on the Agus-Pulangui hydropower complexes in Mindanao.

According to Energ y Undersecretary Felix William Fuentebella, there are at least five firms in PSALM’s BASYANG. A mother takes care of her two infant children at the evacuation center set up by THPAL Nickel Corp. when Tropical Storm Basyang battered the rich mining town of Claver in Surigao del Norte. photo courtesy of alexis estampa, thpal community relations

Dad echoes PCCI concerns on worthiness of senior high grads By MARK FRANCISCO, Staff Writer

A C AG AYA N d e O r o City councilor echoed the concerns of the Philippine Chamber of Commerce and

Industries (PCCI) on the job readiness of graduating senior high students who will complete this March.

Councilor Romeo Calizo said that not one school in this city is offering all the complete senior high strands – academic, arts and concerns/PAGE 11

shortlist for the engagement of a transaction advisor on the proposed project. advisor/PAGE 11

‘Basyang’ kills 4 people in Surigao mining town By CHRIS V. PANGANIBAN, Contributing Editor

SAN FRANCISCO, Agusan del Sur—Tropical storm Basyang wrought deadly havoc in the neighboring mining towns of Surigao provinces killing four people buried in a landslide, disaster rfescue officials said. Basyang (international

name Sanba) slammed the east coast of Mindanao Tuesday with gusts of 75 kilometers an hour. The heavy rain triggered landslides in the villages of Gamoton and Babuyan in Carrascal town in Surigao basyang/PAGE 11

Davao, Hawaiian traders eye joint business ventures By ANTONIO L. COLINA IV MindaNews

SIARGAO SUNSET. A tourist enjoys the beautiful sunset by the beach in General Luna, Siargao Island. The white sand beach in this surfing capital extends to more than five kilometers. mindanews photo by roel n . catoto

DAVAO City -- Business executives in Davao City and their counterparts from Hawaii held exploratory talks for possible joint ventures, following the signing of a sisterhood pact between the business/PAGE 11

KIDAPAWAN CITY @20. Kidapawan lights up its plaza as it celebrates two weeks of activities for its 20th Anniversary as a Chartered City. RA 8500 approved on February 12, 1998 converted the municipality of Kidapawan into a city. photo by jules benitez

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


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