BusinessWeek M I N DA N A O CREDIBLE
Volume XII, No. 101
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Passage of eco bills to lift X post-pandemic recovery Briefly T
Market Indicators
AS OF 6:00 PM FEBRUARY 5, 2022 (SATURDAY )
FOREX
PHISIX
US$1 = P51.14
7,456.35
0.09
cents
X
73.58 points
Bus system
PROSPECTIVE bidders for the P73.93-billion bus system project in Davao City have been given more time to submit bids — until Feb. 10 — the Transportation department’s procuring agent said. The Department of Transportation (DoTr) started inviting bidders in November last year, through the Procurement Service of the Department of Budget and Management (PS-DBM), for the design, construction, and completion of the Davao Public Transport Modernization Project, also known as the Davao High Priority Bus System Project. The deadline for bid submission was originally set for Jan. 6, but the PS-DBM announced in its most recent general bid bulletin that it has been moved to Feb. 10 at 10 a.m.
HE urgent p ass age of the three landmark economic liberalization bills into law will be crucial in accelerating growth in 2022 and beyond, the National Economic and Development Authority (NEDA) said.
In his presentation during the #AskNEDA media briefing on Monday, Socioeconomic Planning Secretar y Karl Kendrick Chua discussed how these reforms, namely the Amendments to the Retail Trade Liberalization Act, Foreign Investments Act, and the Public Service Act, will help attract more investments, generate employment, introduce innovation, lower prices, RECOVERY/PAGE 7
POWER CABLE. Linemen working for the Davao Light and Power Company install electric cables in downtown Davao City. mindanews photo
Banana farmers gets flour facility upgrade
Fake vax cards A WOMAN has been arrested for selling fake coronavirus disease 2019 (Covid-19) vaccination cards in Manolo Fortich, Bukidnon, police authorities said on Saturday. Bukidnon Police Provincial Office (BukPPO) spokesperson Capt. Jiselle Longakit said suspect Sharlyn Abdul, 20, was arrested selling two fake vaccination cards worth P700 to undercover cops during an entrapment in Mulberry, Barangay Tankulan on Friday. The Municipal Health Office (MHO) headed by Katrina Tilap, a public health nurse, and Barangay Tankulan Kagawad Allan Imprugo were also present during the operation.
Davao's customs revenue DAVAO City - The Bureau of Customs (BOC) - Port of Davao reported Thursday that it has exceeded its January 2022 revenue collection target. In a statement, BOCDavao said they have collected P3.3 billion or 2.22 percent higher than its assigned target of P3.23 billion last month, posting a surplus of P71.60 million. The collection is also higher by 9.49 percent compared to the January 2021 collection performance of P2.95 billion.
A COOPERATIVE of agrarian reform beneficiaries in Davao de Oro has received a foodgrade facility for making banana flour, paving the way for expanded commercial production of the cooking ingredient, which is touted as a gluten-free alternative. The Department of Trade and Industry’s (DTI) Davao de Oro office said P1.68 million worth of banana flour manufacturing equipment was turned over last week to the VPI Agrarian Reform Beneficiaries Cooperative. The project was
undertaken under the government’s Shared Service Facility program. “O u r S SF proj e c t s are intended to enhance productivity and efficiency of our MSMEs (micro, small and medium enterprises), but at the same time generate more jobs and increase sales,” DTI Provincial Director Lucky Siegfred M. Balleque said during the turnover ceremony on Jan. 20. The cooperative has been making flour from surplus Cavendish, the main banana UPGRADE/PAGE 7
COLLAPSED TOWER. The tip of the communication tower of the abandoned RPN-DXKS along Capitol Road, which collapsed during typhoon “Odette,” blocks Peñaranda Street in Surigao City. At least 30 media workers were out of jobs due to damages of different radio stations in Surigao del Norte. mindanews photo by roel n. catoto
Quiboloy, 2 others wanted in the US for sex trafficking By ANTONIO L. COLINA IV, MindaNews
DAVAO City — Pastor Apollo Carreon Quiboloy, self-proclaimed “appointed son of God” and founder of the Kingdom of Jesus Christ, The Name Above Every Name (KOJC ) and two other church administrators have been placed on a “wanted” list by the United States Federal Bureau of Investigation (FBI) for “conspiracy to engage in sex trafficking by force,
fraud and coercion, and sex trafficking of children; sex trafficking by force, fraud, and coercion; conspiracy; and bulk cash smuggling.” The “wanted by the FBI” posters of Quiboloy, Teresita Tolibas Dandan, and Helen Panilag, were posted on the FBI’s website nearly three months after federal warrants of arrest were issued on November 10, 2021.
The downloadable poster shows Quiboloy’s photograph, t he det ai ls b ehind t he “wanted” status and a note at the bottom that “if you have any information concerning this person, please contact your local FBI office or the nearest American Embassy or Consulate.” A similar poster has been made for Dandan and Panilag. Quiboloy is a close friend and spiritual adviser of WANTED/PAGE 7
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