BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 90
Market Indicators
As of 6:23 pm jan. 15, 2015 (thursday)
FOREX
PHISIX
US$1 = P44.77
7,399.00 points
10
X X Briefly 40.64
cents
points
Livelihood MARAWI City -- Four cooperatives in the province has received farm and livelihood equipment from the Payapa at Masaganang Pamayanan (PAMANA) project of the Autonomous Region in Muslim Mindanao (ARMM). The equipment, which included four units of 6-wheeler hauler trucks and 35 units of sewing machines, were awarded to the respective cooperatives of four Moro National Liberation Front (MNLF) communities in the province on January 9. The beneficiaries included the Darussalam Producer Cooperative of barangay Manalucon Talub in Masiu town; Unified Farmers Multi-purpose Cooperative, Inc. of barangay Cabasaran, Madamba town; and, in the town of Bayang, the Padang Karbala Farmers and Marketing Cooperative Inc. of Barangay Rantian and RSSRC Agricultural Multipurpose Cooperative, Inc. of barangay Pandapatan Bayang.
Scholarship OROQUIETA City – Free tuition in public schools/colleges where the Sangguniang Kabataan (SK) officials are enrolled, during their term of office. This is only one of the privileges of the SK officials who will be elected on February 21, 2015, Sanivier G. Patoc, provincial director of the Department of Interior and Local Government (DIlG) of Misamis Occidental, said. As cited in the Local Government Code of the Philippines (LGCP), the national government will take charge in paying the tuition fees of the SK officials, as long as the school/college where they are enrolled is located in the barangay or near the place where they are elected. Meanwhile, Patoc said the LGCP prescribes that each barangay will elect seven SK kagawads and one Chairperson at large, who in turn, will appoint, with the concurrence of the other SK officials, the Secretary and Treasurer of the SK.
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Friday | January 16, 2015
Pope arrives, welcomed by 76M Pinoy Catholics P
OPE Francis arrived yesterday on a cloudy afternoon in the Philippines, beginning a five-day trip that is tipped to attract a world-record papal crowd in the Catholic Church’s passionate and chaotic Asian heartland.
Pope Francis waves as he emerged from on the tarmac at Villamor Air Base.
His Sri Lankan Airlines plane touched down at 5:31 p.m. on runway 06/24 and taxied to the tarmac at Villamor Air Base, a military airport at least 22 kilometers away from the Apostolic Nunciature in Manila where he will be billeted for the entire 5-day pastoral and state visit. Mired in poverty and plagued by disasters, natural and political, millions of Filipino devotees welcomed
the Holy Father, pinning their hope on the Argentinian pontiff, who chose to be called after St. Francis of Assisi because the latter “was a man of peace, a man of poverty, a man who loved and protected creation.” From Sri Lanka, the papal plane landed on Villamor Airbase in Pasay City where the pontiff will be welcomed by children led by orphans 10-year-old Mark Angelo pope/PAGE 6
‘Selfie’ photo with a replica of Pope Francis turns gaga By ERCEL MAANDIG, PNA
THOUSANDS of people in t his s e ap or t c apit a l are expected to flock to a university chapel here as Pope Francis arrived in the country Thursday afternoon. The people have been c o m i n g t o t h e X av i e r University Chapel to take “selfie” photos by the side of Pope Francis miniature installed at the chapel’s entrance, Erwin Pimentel, a university worker, said. He said that the staff of the university chapel made the selfie/PAGE 6
YOUTH FOR SOLIDARITY. Youth from the Roman Catholic Archdiocese of Cagayan de Oro and Iglesia Filipina Independiente (IFI) release white balloons at Divisoria kiosk yesterday (right photo) as soon as Pope Francis touches down in Manila. Although a breakaway group of the Catholic Church, IFI is expressing its solidarity in time with the Pontiff’s visit to the Philippines. photos by genevieve cantor and mark francisco
No truth to the rumor:
CDO business renewals, registrations and collections all up for 2014 By MIKE BAÑOS, Editor-at-Large
THERE’S no truth to the talk that local businessmen are pulling up their stakes and moving elsewhere due to the
alleged cost of doing business in Cagayan de Oro City. “ T hat is not w hat’s happening. In fact in 2013,
we even had an increase of registered businesses in Cagayan de Oro,” said Eileen E. San Juan, local economic investment promotions rumor/PAGE 6
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