BusinessWeek Mindanao (January 31, 2018)

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BusinessWeek M I N DA N A O CREDIBLE

Volume VIII, No. 106

Market Indicators FOREX

PHISIX

US$1 = P51.42

8,910.48

23.5 cents

RELIABLE

X

148.14 points

Briefly Anti-trafficking NON-governmental and legal advocacy group Balaod Mindanaw has stepped up its anti-human trafficking efforts. Balaod Mindanaw executive director Normie Batula said that all 52 schools in Cagayan de Oro City and Misamis Oriental that they have trained in 2017 have already formulated their respective policies in their campuses to prevent human trafficking. Batula said that in order to mitigate human trafficking, school s mu s t h a v e c l e a r coordination and open lines of communication with barangay officials, the police station in their area, and the Department of Social Welfare and Development (DSWD).

IN-DEPTH

Cagayan de Oro Lapasan Highway, Cagayan de Oro City

Davao sets record investments in ‘17 www.businessweekmindanao.com

As of 6:00 pm January 30, 2018 (tuesday)

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YOUR Mindanao-wide BUSINESS paper

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Wednesday | January 31, 2018

P15.00

By ANTONIO L. COLINA IV, MindaNews

AVAO City — The city government has set a new record after it ended 2017 with more than 40,000 businesses and a total investment value of P270 billion, Mayor Sara Duterte said.

The city surpassed its 2016 record of 39,238 business establishments with total investment value worth P230.83 billion.

She made the announcement before 300 attendees of the 50th Annual Installation of Officers and record/PAGE 11

Oro to build P60M parking building By MARK FRANCISCO, Staff Writer

Resumed infras ILIGAN City -- The Department of Public Works and Highways (DPWH) will soon resume its 2016 and 2017 infrastructure projects that were suspended during the Marawi siege. The plan was discussed during a coordination meeting organized by Task Force Bangon Marawi (TFBM) Field Office Manager and Housing and Urban Development Coordinating Council (HUDCC) Asec. Felix Castro with DPWH and AFP, at the TFBM Field Office, Iligan City. The suspended infrastructure projects include rehabilitation and repair of roads, construction of water systems and line canals, completion of Marawi diversion roads, construction of school buildings, and road concreting within the city.

TO relieve traffic congestion in downtown Cagayan de Oro, the city government is planning to build a fourstorey parking building

in Divisoria, the city’s old business district. And to inject discipline among motorists, Cagayan parking/PAGE 11

MANOBO ARTIST. John Vincent Callo, Manobo artist excels in painting using synthetic mud combined with oil. He sells his paintings within the vicinity of the Mt. Apo Natural Park in Kidapawan City. Price ranges from P1,500 to P3,000. photo courtesy of jules benitez

Network of roads, bridges mapped to connect Davao’s eight hot spots By CARMELITO Q. FRANCISCO, Correspondent

DAVAO City — An initial urban master plan for Davao will involve the establishment

DEADLY CONSTRICTOR. A mid-sized 7-foot African rock python owned by the municipal government of Lagonglong Misamis Oriental, has become one of the attractions at the ongoing Kuyamis Festival 2018 at the Provincial Capitol grounds. This specie of snake can grow up to 20 feet long with an especially formidable reputation. This type of snake called a constrictor, kills by cutting off blood circulation. photo by gerry lee gorit

of eight circumferential transport and development corridors, complete with key

infrastructure facilities, that will help the region achieve its maximum potential as a growth area. connect/PAGE 11

Farmers to get titles on land reclaimed from Lapanday By ANTONIO L. COLINA IV, MindaNews

D AVA O C i t y - - T h e Department of Agrarian Reform (DAR) 11 plans to distribute individual land

titles to members of the Madaum Agrarian Reform Beneficiaries Association, Inc. (MARBAI), who reclaimed the

145-hectare disputed land in Barangay Madaum in Tagum City from the management of the Lapanday Foods Corp. (LFC) on May 17, 2017. titles/PAGE 11

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