BusinessWeek Mindanao (January 22, 2021)

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BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 96

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Power coops audit THE Energy Regulatory Commission (ERC) will be auditing the collection and utilization of the ‘reinvestment fund for sustainable capital expenditures’ (RFSC) of the electric cooperatives (ECs), to assess if these have been in accordance with the prescribed tariff-setting rules. ERC Chairperson Agnes T. Devanadera announced that the regulatory body engaged the services of a consultant with technical expertise and capability to scrutinize the RFSC utilization of the ECs. She said the contract of the third party auditor Reyes Tacandong & Co. has already been awarded, hence, the audit process on the electric cooperatives’ RFSC will already be slated.

BIMP-Eaga trade MINDANAO needs transport and telecommunications infrastructure to enable trade with countries participating in the Brunei DarussalamIndonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) partnership, a development official for the region said. Mindanao Development Authority (MinDA) Assistant Secretary Romeo M. Montenegro made the remarks Tuesday during a hearing at the House of Representatives, noting that improved connectivity will strengthen Mindanao’s position within BIMP-EAGA. He was speaking before a Special Committee hearing on the East ASEAN Growth Area.

IN-DEPTH

Friday|January 22, 2021

P15.00

Pilferage renders portion of Mindanao powerless T By MARK FRANCISCO, Reporter

HE National Grid Corp. of the Philippines (NGCP) yesterday blamed thieves pilfering portion of a transmission lines in Lanao del Norte as the cause of the tripping off of Agus 5-Aurora 138-kilovolt line on Monday.

SIARGAO FLOOD. A boy maneuvers his makeshift raft to return to his family’s house in Barangay Osmeña in Dapa, Siargao Island on Wednesday as continuous rains the past two weeks inundated this natural catch basin with floodwaters. The water seems clean though because of the still pristine environment. mindanews photo by roel catoto

BARMM solons push for transition extension to enact pending bills COTABATO City – Regional lawmakers are pushing for an extension of the Bangsamoro Autonomous Region in Muslim Mindanao's transition phase up to 2025,

saying more time is needed to pass important measures. Speaking during a press conference Tuesday, B angsamoro Transition Authority (BTA) Speaker

The power outage affected customers of Zamboanga del Sur I Electric Cooperative; Z amb o ang a d el Su r I I Electric C ooperative; Misamis Occidental I Electric C ooperative; Misamis O c c i d e nt a l I I E l e c t r i c Cooperative; Zamboanga del Norte Electric Cooperative; Zamboanga City Electric Cooperative; and Lanao del Norte Electric Cooperative, the NGCP said in a statement. Late Monday, the NGCP said that a tower on the Baloi-Aurora segment of the line in Lanao del Norte had

fallen due to the intentional pilferage of transmission line parts. This caused power to go out Monday morning across the Zamboanga peninsula, Misamis Occidental and parts of Lanao del Norte. “With the tripping of the Agus 5-Aurora line, both lines serving the Northwestern Mindanao area are out,” the NGCP said Tuesday. “NGCP is working to restore the line as it continues investigating the cause of the outage. Coordination RENDERS/PAGE 11

Pangalian Balindong and t hre e ot he r l aw ma ke rs noted that the transition phase has been disrupted by the coronavirus disease EXTENSION/PAGE 11

AgSur guv hopeful lab test to prevent spread of virus By CHRIS V. PANGANIBAN, MindaNews

PROSPERIDAD, Agusan del Sur– The opening of the COVID-19 molecular laboratory testing facility at the D.O. Plaza Memorial

Hospital in this town will contribute to lessening the number of infections in Agusan del Sur, Gov. Santiago Cane Jr. said.

Cane said the facility can release test results within 24 hours. Sixty-one swab samples tested at the laboratory on January 19 which yielded HOPEFUL/PAGE 10

PEANUT VENDOR. A vendor sells fried peanuts heated from a stove he installed to his bicycle at the Provincial Capitol ground.The peanuts are sold at P10 per pack. photo by gerry lee gorit

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