BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 092
Market Indicators
As of 6:12 pm january 28, 2016 (thursday)
FOREX
PHISIX
US$1 = P47.73
6,563.38
8
X X Briefly
cents
56.16 points
Zambo outages ZAMBOANGA City -- The National Grid Corporation of the Philippines (NGCP) has scheduled a nine-hour preventive maintenance power shutdown on Wednesday in areas served by the Zamboanga del Sur Electric Cooperative-2 (Zamsureco-2). Elizabeth Ladaga, NGCP corporate communications officer, said on Tuesday that the maintenance shutdown is from 8 a.m. to 5 p.m. Wednesday. Ladaga said the maintenance shutdown is to facilitate the commissioning of fault locator and installation of check meter at R.T. Lim Line Breaker, which requires the shutdown of Ipil-Sirawai 69-kilovolt line.
2014 ppi’S Best in ENVIRONMENTAL Reporting Friday | January 29, 2016
House okays Wurtzbach tax exemption
THE House of Representatives has approved a bill that would exempt all the prizes of Miss Universe Pia Alonzo Wurtzbach from taxes, a lawmaker said Wednesday. Rep. Rufus Rodriguez, of Cagayan De Oro City, said that House Bill No. 6367 granting tax exemption to Ms. Wurtzbach was approved Tuesday afternoon. Rodriguez, the principal author of the Wutzbach tax exemption bill, said that Wurtzbach was given the approved copy of the bill during her visit at the House of Representatives Tuesday afternoon. He said that the House also conferred the Congressional Medal of Distinction to Wurtzbach for bringing honor to the Philippines after winning the 2016 Miss Universe pageant. Aside from the tax exemption and the Medal of Distinction, the House also passed a resolution designating Wurtzbach as the “Ambassador of Goodwill” of Cagayan De Oro City, Wurtzbach considered Cagayan De Oro City, the premier capital city of Northern Mindanao, where she stayed and studied during her preschool days her second home, Rodriguez said. (PNA)
More power DAVAO City -- Reeling from a tight power supply Davao Light and Power Company (DLPC) is eyeing additional 130 megawatts this 2016 from new power sources. Ross Luga DLPC Corporate Communications Officer identified these sources as the Western Mindanao Power Corporation which they have contracted 18 Megawatts, San Miguel Consolidated Power Corporation 80 Megawatts, Southern Philippine Power Corporation- 32 Megawatts. The WMPC which is a diesel plant in Zamboanga City is already supplying 18 MW just this month to Davao Light. The San Miguel coal-fired plant in Malita is expected to go online by July and the SPPC by April. Luga said they are still in the negotiation stage for the contracted supply.
P15.00
Burning is ‘new modus’ vs transmission lines www.businessweekmindanao.com
Bukidnon small businesses soar to new heights with DTI support By MIKE BAÑOS, Editor-at-Large
THE Department of Trade and Industr y Bukidnon recently cited gains attained by small businesses in the
province facilitated by its assistance In a media briefing for 2015 Accomplishments of
By MYRNA VELASCO, Contributor
A
NARCHIC individuals may have gotten tired of bombing transmission towers as they have not been getting the exorbitant amount they have been demanding on right-of-way (ROW) concerns, hence, their next scheme had been burning of transmission poles. Tr a n s m i s s i o n firm National Grid Corporation of the Philippines (NGCP) has reported such kind of incident to the media over the weekend, claiming that this led to yet another tripping of transmission line in Mindanao grid. T h e c o mp a ny has qualified that based on their initial findings, the attack on its transmission facility in Sultan Kudarat,
Maguindanao exhibited “sabotage act.” “NGCP’s Sultan Kudarat substationCotabato City-Datu Saudi Ampatuan 69-kilovolt line tripped on January 22 (Friday) because of a burned transmission pole in Salimbao, S u l t a n Ku d a r at , Maguindanao,” it said. Powe r i n t h e affected areas had been restored on modus/PAGE 11
Region 10 held December 11, 2015 at a hotel in Cagayan de Oro, DTI Bukidnon Provincial Director Ermedio J. Abang cited the major businesses/PAGE 11
Rice-for-rats reward scheme launched By FERDINANDH B. CABRERA, MindaNews
KABACAN, North Cotabato -- Disaster and agriculture officials here, led by May or He r l o Gu z m an ,
have launched Thursday mor n i ng a mass ive r at hu nt i n g e x p e d i t i o n t o bolster the campaign of
eradicating the pests that have been destroying vast agricultural lands in this town’s nine rice and corn producing villages. scheme/PAGE 11
‘BAK-BAK’. A man shows off his catch of frogs from the rivers of Sitio Limunsudan, Barangay Bonbonon in Iligan City on Wednesday. He sells them at 50 pesos for a group of 10 frogs. “Bak-bak” is a common food among the Higaonon tribe in the hinterlands of Iligan. mindanews photo by bobby timonera
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