BusinessWeek Mindanao (January 10-11, 2022)

Page 1

BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 90

Market Indicators FOREX

PHISIX

US$1 = P51.35

7,011.11

0.17 cents

74.41

RELIABLE

X

points

Briefly Send-off ban DAVAO City - The city government here on Friday reminded the public about the ban on group welcome and send-off in the city’s airports, seaports, and bus terminals as the number of coronavirus disease 2019 (Covid-19) active cases started to increase anew. “It is not only because of Covid-19 but for reasons of safety and security. Only employees, workers, drivers, and passengers are allowed in these places,” Mayor Sara Z. Duterte said in a statement. In February 2020, the mayor announced the permanent ban on greeters or send-off groups in transportation hubs here.

Gun ban THE Police Regional Office in Northern Mindanao (PRO-10) on Friday announced its implementation of a gun ban as well as the identification of "hotspots" ahead of the national elections in May. In an interview Friday, PRO-10 spokesperson, PLt. Col. Michelle Olaivar, said the gun ban will be implemented on January 9 based on the Commission on Elections (Comelec) Resolution Numbers 10741 and 10728. "(Also included in the) violation of gun ban are bearing of (other) deadly weapons, which can be considered an election offense," she said.

IN-DEPTH

P15.00

BARMM off to good start, gets P200-M investments www.businessweekmindanao.com

AS OF 6:00 PM JANUARY 8, 2022 (SATURDAY)

X

YOUR MINDANAO-WIDE BUSINESS PAPER

Mon-Tue|January 10-11, 2022

By BONG S. SARMIENTO, MindaNews

K

ORONADAL City — The investment climate in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is off to a good start in 2022 with local investors pouring a combined investment worth P200 million in Cotabato City, the seat of government of the Bangsamoro region. Ishak Mastura, chair of the Bangsamoro Regional Board of Investments (RBOI), said they approved the registration of Pagana Kutawato Corp. (PKC) and Hanabana Construction and Equipment Corp. (HCEC) on Wednesday, January 5. “This is a good start for the year and we hope that more investments will come to BARMM this year in order to make up for the jobs lost and economic activity curtailed by the (COVID-19) pandemic,” he said in a statement. Last year, Cotabato City, which voted for inclusion in the BARMM during the 2019 plebiscite to ratify Republic Act 11054 or the Organic Law for the BARMM, registered investments worth almost P400 million, Mastura said. BARMM/PAGE 6

GOOD SAMARITAN. Residents in Barangay San Mateo in the municipality of Burgos in Siargao Island receive relief goods from Good Samaritans who visited the area Wednesday, January 6. Typhoon “Odette” devastated many parts of the island. mindanews photo by roel n. catoto

2 'Omicron' cases tagged in NorMin, DOH-10 confirms THE Department of Health (DOH) in Northern Mindanao (DOH-10) on Friday confirmed that two of the 43 recently recorded Omicron variant cases in the country are constituents of the region. DOH-10 Director Jose Llacuna Jr., in an online conference, said the two patients – a student and a seaman - are residents of this city and nearby Iligan

City, respectively. D r. St e p h a n i G r a c e Zamora, cluster head for D OH-10's Regional Epidemiology, Surveillance and Disaster Response Unit (RESDRU), said the Iligan case was a 40-year-old seaman who arrived in the Philippines via Qatar Airways on December 16, 2021. "He tested positive on December 20 in an isolation TAGGED/PAGE 6

No 'Traslacion' during Feast of Black Nazarene in CDO By FROILAN GALLARDO, MindaNews

FOR the second straight year, the Feast of the Black Nazarene on January 9 will be sober due to a spike in local COVID-19 cases. Church officials canceled the “Traslacion” or procession of the image of the Black Nazarene, pre viously a yearly ritual that started at

the Nazareno parish church and ended at the Cagayan de Oro Metropolitan Cathedral. M o n s i g n o r Pe r s e u s Cabunoc, parish priest of the Nazareno church said the religious activity will start instead at 3am on Sunday. Cabunoc said the image of the Black Nazarene will be

brought out of the Nazareno church for a motorcade around the city. Cagayan de Oro Archbishop Jose Cabantan will also break tradition by saying the Mass at the Nazareno church instead of at the cathedral. In previous years, thousands of devotees would TRASLACION/PAGE 6

Cash aid for rice farmers PRESIDENT Rodrigo R. Duterte has signed into law a bill authorizing direct monetary assistance to rice farmers, who are among the hardest-hit members of the industry as a result of the pandemic. Republic Act No. 11589 or the Cash Assistance for Filipino Farmers Act will support rice farmers tilling two hectares or less until 2024. The law noted “the urgency of intervening for our farmers in light of the current state of declining palay prices and the crippling effects of the coronavirus pandemic.

Ma Dinah Niña T. Vicera is an 18-year-old student at MOGCHS. She wants to become a soldier just like her father, Staff Sgt. Renante T. Baculi, a member of the Phil. Army's Scout Ranger, from Butuan City. At a young age, she is already learning how to use a handgun and shoot it at a target range inside Camp Evangelista in Barangay Patag, Cagayan de Oro. on Jan 7. 2022. photo by gerry lee gorit

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.