BusinessWeek Mindanao (July 13-14, 2017)

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BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 16

Market Indicators As of 6:00 pm july 13, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.481

7,936.85

X Briefly

9.8

1.5

cents

points

X

Trade mission DAVAO City -- The Davao City Chamber of Commerce and Industry Inc., the Mindanao Development Authority (Minda) and the Department of Trade and Industry (DTI) have set a trade mission to Manado, Indonesia next month to further boost the DavaoGeneral Santos-Bitung RollOn Roll-Off sea linkage. Minda assistant secretary Romeo Montenegro said the trade mission is part of efforts to finalize arrangement with the Indonesian counterpart for trade activities to support the Davao-General SantosBitung RoRo route which was launched in April by President Rodrigo Duterte and Indonesian President Joko Widodo. “What happened after the launch was the commodities for the front load had not been consolidated yet and they do not have the complete volume coming from Mindanao up to North Sulawesi,” he said.

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Davao’s airport eyed as hub for int’l flights www.businessweekmindanao.com

DELAYS in the improvement of Davao City’s Sasa port are expected to temper the rapid growth of Mindanao’s trade and industry hub, according to the Finance department. “It wouldn’t derail it but it will certainly slow it down,” Finance Secretary Carlos G. Dominguez III told reporters late last week at the Department of Finance headquarters. Mr. Dominguez, who is from Davao City, said that Davao has been growing rapidly, following the DavaoGeneral Santos-Bitung (Indonesia) roll-on roll-off cargo service that was inaugurated by President Rodrigo R. Duterte and Indonesian President Joko Widodo in late April.

Thu-Fri | July 13-14, 2017

P15.00

By ANTONIO L. COLINA IV, MindaNews

D

AVAO City — Davao City Chamber of Commerce and Industry Inc. (DCCCI) trustee Arturo Milan has asked airline companies to make the Davao International Airport, also known as the F. Bangoy International Aiport, the hub for international flights in Mindanao to decongest traffic at the Ninoy Aquino International Airport (NAIA).

PLANTING SEASON. A farmer works on his ricefield using a mud-boat while his son looks on at the village of Tagapua, San Francsico town in Agusan del Sur. photo by jun ayensa

Milan told a press briefing Friday that NAIA must be devolved of some international flights and distribute these to provincial airports like Cebu and Davao because the congestion in the airport in Manila results in flight delays, causing discomfort to passengers. He said it is not practical to place all international flights in NAIA when some destinations are closer to Davao City than Manila, like Australia, Palau, and other member countries of the Association of Southeast Asian Nations (ASEAN). airport/PAGE 11

AS PART OF REHAB EFFORTS

Minda forges deal with NCCA, MSU to institutionalize cultural exchanges By MARK FRANCISCO, Staff Writer

Derailing growth

IN-DEPTH

AS part of rehabilitating battle-drained Marawi City, three government institutions are already exploring ways in integrating inter-culture education in the academic curriculum among junior high students there.

Mindanao Development Authority (Minda) Northern Mindanao overseer Lordilie Enjambre said that last week, the agency had inked a memorandum of u n d e r s t a n d i n g ( M OU ) with the Mindanao State

DOH-10: No sabotage in diarrhea outbreak By JIGGER JERUSALEM, PNA

HEALTH authorities have dispelled allegation that the recent diarrhea outbreak in Medina town in Misamis Oriental town was an act of sabotage perpetrated by the town’s own water utility company. If there was intent to deliberately contaminate Medina’s water source, all of the residents in the municipality would have been afflicted by diarrhea, said Dr. David Mendoza, chief of the Epidemiology, Surveillance and Disaster Response Unit of the Department of Health in Northern outbreak/PAGE 11

University (MSU) outlining guidelines in the conduct of cultural tours for Maranao students outside the confines of Lanao del Sur. “The purpose of this initiative is to create cultural tolerance so that our Maranao brethren will experience deal/PAGE 11

ANOTHER COAL PLANT. The coal-fired power plant in Barangays Libertad and Tacub in Kauswagan town, Lanao del Norte is targeted to start operations this year with a capacity of 540 megawatts. It is run by GNPower Kauswagan. mindanews photo by h. marcos c. mordeno

Big Picture from Cagayan de Oro Seaport:

Finding solutions beyond infras for present and future (Second of a Series)

By MIKE BAÑOS, Editor-at- Large

Holistic Solutions THE Macabalan Port management team strategized three solutions to address its urgent and long term problems. First, the team prop o s e d “p e opl e solutions” by getting all

stakeholders to buy into a long term vision for the port the way they liked it to be. Butaslac met with the Philippine Liners Shipping Association (PLSA) to discuss their problems and crafted a long-term infrastructure solutions/PAGE 9

Panoramic aerial view of Cagayan de Oro Macabalan Port.

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