BusinessWeek MINDANAO CREDIBLE
Volume VIII, No. 15
Market Indicators As of 5:00 pm july 11, 2017 (tuesday)
FOREX
PHISIX
US$1 = P50.77
7,858.14
10.7 cents
X
20.67 points
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Briefly Microsoft educators MICROSOFT recently confirmed six Kagay-anon teachers who are faculty members of Xavier University - Ateneo de Cagayan Junior High School as “Microsoft Certified Educators” (MCEs). XUJHS assistant principal for academics Lea Lilibeth Emata, instructional technology specialist Michael Dave Tan, Renan Agad (Mathematics teacher), Anito Librando Jr. (English teacher), Jason Madronero (Science teacher), and Juanito Oliveria II (English teacher) passed the online examination as part of the institution’s commitment to improving teaching and learning experience as a Microsoft Showcase School. As one of the country’s participants to this year’s International Society for Technology in Education conference in San Antonio, Texas, USA, Emata was able to take and pass her examination in the said confab, while the rest of the team took the same online examination at the University of Mindanao, Matina Campus in Davao City, one of Microsoft’s accredited testing centers.
P3.65B investments ZAMBOANGA City -Investments in the Autonomous Region in Muslim Mindanao (ARMM) have remained resilient and growing, posting a total of P3.65 billion in the first six months of 2017 notwithstanding the conflict in Marawi City that started on May 23. ARMM’s Regional Board of Investments (Armm-RBOI), chair and managing head Ishak Mastura, on Monday said in a statement that the region’s investment prospects continue to show signs of resilience and dynamism because the crisis area had effectively been contained by the government. The first half figures reported by the RBOI are higher by almost 74 percent compared with 2016’s total registration of P2.1 billion.
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Steag welcomes probe on alleged back taxes www.businessweekmindanao.com
Wednesday | July 12, 2017
By MARK FRANCISCO, Staff Writer
W
ITHOUTconfirming that it missed paying taxes, Steag State Power Inc. announced on Tuesday that it is fully cooperating with Phividec Industrial Authority’s tax demands.
SKYBIKING. A group of tourists thrills the “skybiking” experience at a known inland resort in Rosario town, Agusan del Sur. photo by jun ayensa
The energy supplier’s spokesperson Jerome Soldevilla said that it acknowledges Phividec’s authority to collect taxes within the Phividec Industrial Estate in Villanueva and Tagoloan, Misamis Oriental where Steag State Power Inc. and 80 other firms sit. In a text message, Soldevilla also said Steag is likewise cooperating with the local government unit (LGU) of Villanueva and other pertinent agencies in ironing out its tax concerns. “We are open to any discussions most especially with the Phividec board to clarify and address the concern,” he said. It can be recalled that Phividec board member Jose Benjamin Benaldo called a steag/PAGE 11
Regus prepares for Davao expansion as martial law anxiety tapers down By CARMELITO Q. FRANCISCO, Correspondents
DAVAO City -- Working place solutions provider Regus has started preparations for setting up a second center here within the next two years while continuing to look at opportunities in other major cities in Mindanao.
Regus Philippines C ountr y Manager L ars Wittig, in a media briefing Friday, said the company is already scouting for another building in Davao and at the same time discussing options with Damosa Land,
Inc. (DLI), its partner in the existing center. The Regus in Davao, the biggest among the company’s 25 co-working centers in the country with a 1,600-square meter floor space, is located in the DLI-owned Topaz Tower in Damosa. Expansion/PAGE 11
SHRIMPS, CRABS FOR SALE. A seafood vendor tries to catch the attention of motorists along the highway in Mukas, Kolambugan town in Lanao del Norte. mindanews photo by h. marcos c. mordeno
Agusan Sur officials personally distribute relief packs to Marawi evacuees, soldiers By CHRIS V. PANGANIBAN, Contributing Editor
RELIEF. Agusan del Sur Gov. Adolph Edward Plaza personally hands over the bags of rice to evacuees seeking temporary shelter in Pantao Ragat town in Lanao del Sur. photo by nonoy grado, provincial public information office - agusan del sur
ILIGAN City — Provincial officials of Agusan del Su r h a s a c c o mp l i s h e d its humanitarian relief mission over the weekend to thousands of displaced residents of war-torn Marawi City now seeking refuge at evacuation center in a neighboring town in Lanao
del Sur. Agusan del Sur is the first local government unit in the country to personally distribute the relief packs not only to internally displaced persons (IDPs) of Marawi but to battle-weary Army soldiers still in the frontline in the war against the dreaded
Maute ISIS group. Agusan del Sur Gov. Adolph Edward Plaza has led in the distribution of some 5,000 bags of rice containing 10 per bag and printed with “From the people of Agusan del Sur” to the IDPs seeking refuge at the evacuation center and the homes of their relatives in relief/PAGE 11
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