BusinessWeek MINDANAO
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friday|february 21, 2014
Economy
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino
Davao chamber to confer Disabled Misor capitol workers power policy with other cities get funding assistance MISAMIS Oriental -- Workers with disability at the provincial capitol of Misamis Oriental were extended P 50,000 start-up funds to attend to their immediate needs, provincial governor Yevgeny Vincente Emano said on Thursday.
Emano said there are 32 worker members of the Capitol Employees with Disabilities Association (CEDA) in Misamis Oriental, whose association is duly registered with the Securities and Exchange Commissions (SEC). He said that the start-up capital would also allow the CEDA members to expand the organization of persons with disabilities to the province’s municipal level so that the organization could also extend assistance to them. Last year, Emano promised to organize workers with disabilities who were working with the provincial
government in a bid to “showcase their skills amidst disability.” Newly elected CEDA President Cora Sabejon said the association is set to encourage members to share their knowledge and experience in different fields of endeavor and to coordinate efforts to promote the overall interest of persons with disabilities in Misamis Oriental. Sabejon, who suffers from Kyphosis, a genetic mistake that causes an abnormal curvature of the spine that stunts her growth, works with the office of the provincial governor. (PNA)
THE Davao City Chamber of Commerce and Industry, Inc., (DCCCII) will initiate dialogues with other cities in Mindanao affected by brownouts. DCCCII executive vice president Daniel Lim said the plan is to see how Davao’s own chamber organization can help shape Mindanao’s power policy. “We are fortunate that we have no brownouts yet, but it doesn’t mean that we should be complacent because anything that is connected with Mindanao will affect Davao one way or another,” he said. Lim said that the talks with chambers of commerce from General Santos City and Zamboanga will help
the chamber in pushing for amendments to the law. “When we change a policy, we create a problem. It’s too early for me to comment on the Electric Power Industry Reform Act (Epira), Lim said. Meanwhile, Vicente Lao, Mindanao Business Council (MinBC) president, said that cost was the concern as far as consumers are concerned. He said industries are getting worried about the country’s electricity supply especially with the coming ASEAN integration in 2015. “We don’t want the status quo at the moment. We have the highest price. We’re looking at the possibility of how we are going to reduce our costs,” he said. (PNA)
Trust funds Use, 20% of IRA, among full disclosure docs: DILG By RUTCHIE CABAHUG-AGUHOB
OROQUIETA City -- The utilization of trust funds and the 20% Component of the Internal Revenue Allotment (IRA), are among the Full Disclosure Documents, the Department of Interior and Local Government (DILG) said. As such, they should be posted regularly, at least 20 days after the end of each quarter, effective 2014, DILG Secretary Mar Roxas said
in Memorandum Circular No. 2013-140, he issued in December, last year. The circular sets the Implementing Guidelines on the Full Disclosure of the Local Budget and Finances, and Bids and Public Offerings to be followed by all Provincial and Local Chief Executives (P/LCE), starting Jan. 1, 2014. Also to be posted 20 days after the end of each
quarter are the following reports: Local Disaster Risk Reduction and Management Fund Utilization, Quarterly Statement of Cash Flow, Special Education (SEF) Utilization, Unliquidated Cash Advances and Manpower Complement. Me anw h i l e, t he Bi d Results on Civil Works, G o o ds and C onsu lt ing Services need to be posted within the prescribed period
under the Government Procurement Reform Act and its Implementing Rules and Regulations (IRR) and must be updated quarterly, together w it h t he Supplement a l Procurement Plan, not later than 20 days after its approval by the Head of Procuring Unit. These reports have to be posted, also in at least three conspicuous places of funds/PAGE 14
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