BusinessWeek Mindanao (February 29, 2016)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 105

Market Indicators

As of 6:00 pm February 26, 2016 (friday)

FOREX

PHISIX

US$1 = P47.56

6,771.30

X X Briefly

11.7

2.04

cents

points

Sabah traders DAVAO City -- Key business players from Lahad Datu of Tawau in Sabah recently met with business counterparts from Mindanao to explore joint-venture collaborations in agribusiness, tourism, logistics and the manufacturing sector. The 27-business delegation from Sabah participated in the business-to-business meetings held in connection with the Strategic Planning Meeting (SPM) of the Brunei Darussalam Indonesia Malaysia the Philippine East ASEAN Growth Area (BIMPEAGA) held at the Marco Polo Hotel in this city. “We welcome this initiative from the business sector of Sabah, since this will greatly contribute to our efforts of enhancing trade and investments within BIMP-EAGA,” said Mindanao Development Authority (MinDA) Undersecretary Janet Lopoz, while adding “the visit is also a great opportunity for Mindanao to showcase our local products to our EAGA counterparts.”

2014 ppi’S Best in ENVIRONMENTAL Reporting

M’danao seeks P4.5-B for rural devt projects www.businessweekmindanao.com

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Monday | February 29, 2016

By CARMELITO Q. FRANCISCO, Correspondent

OCAL government units in Mindanao have submitted 46 project proposals with a combined cost of about P4.6 billion for review and possible funding under the Philippine Rural Development Project (PRDP) this year. T h e bi g g e s t c hu n k , amounting to about P1.2 billion, came from the SouthCentral Mindanao area, also

known as SOCCSKSARGEN or Region 12, based on a PRDP report obtained by projects/PAGE 7

COIN DIVERS. Sea gypsies popularly called Badjaos wait for passengers aboard MV Dinagat at the port in Surigao City to throw coins into the water which they would catch by driving. mindanews photo by roel catoto

Village in Surigao Norte declared as off-limits to mining, quarry

P1.4B infra fund MARAWI City -- In a bid to improve the living conditions in the Autonomous Region in Muslim Mindanao (ARMM), the Department of Public Works and Highways in the region (DPWHARMM) will implement P1.4 billion worth of infrastructure projects in Maguindanao, Lanao del Sur and Basilan provinces. ARMM Governor Mujiv Hataman with DPWH-ARMM Secretary Engr. Don Mustapha Loong inked a Memorandum of Agreement (MOA), with local government executives, specifically the mayors, for the concreting and construction of roads, water systems and fish ports. Various infrastructure projects in the region are expected to be rolled out this month, ARMM officials said. Each province will be given more than P200 million for the implementation of the projects.

P15.00

POLLS REPORTAGE. Marketing and Opinion Research Society president Nicco de Jesus speaks before journalists during a briefing over the weekend at VIP Hotel in Cagayan de Oro City. De Jesus’ speech was embedded in a Philippine Press Institute (PPI) seminar on election reportage. photo by mark francisco

By ROEL CATOTO, MindaNews

GIGAQUIT, Surigao del Norte -- A village in this

town has issued a resolution declaring the place off-limits

to mining and limestone quarry operations, it was learned on Friday. off-limits/PAGE 7

Farmers hit gov’t inaction on lumads encroachment By NELSON V. CONSTANTINO, Editor in Chief

FA R M E R S w h o w e r e of beneficiaries of the government’s Comprehensive Agrarian Reform Program (CARP) in Bukidnon are seeking protection from local authorities over continued

are recipients of Certificate of Land Ownership harassments by a group of Awards (CLOA) from the armed men preventing them government sequestered from cultivating their lands. Bukidnon Farms, Inc. (BFI), The farmers, who grouped a Danding Cojuangco-owned themselves as Bukidnon 720-hectare coconut and Landless and Actual Tillers cacao plantation located in Association (BUKLATA), lumads/PAGE 7

SPECIAL REPORT

VOLATILE PEACE. Violence erupts in this vast track of sequestered land already distributed to beneficiaries under the comprehensive agrarian reform program in Brgy. Base Camp, Maramag, Bukidnon. photo courtesy of celso m. maldecir

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


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