BusinessWeek Mindanao (March 2, 2016)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 106

Market Indicators As of 6:30 pm march 1, 2016 (tuesday)

FOREX

PHISIX

US$1 = P47.35

6,729.53

19

X X Briefly

cents

58.49 points

Agusans infras THE government recently turned over P44 million worth of infrastructure and irrigation projects to two provinces in the Caraga Region. In a statement over the weekend by the Department of Agriculture, an P11-million farm-to-market road project has prompted the recent construction of a 200-meter footbridge in Sibagat, Agusan del Sur. Meanwhile, in a separate statement released by the Department of Agrarian Reform last week, communal irrigation systems (CIS) worth P33 million were distributed to a farmers’ association in barangay Baleguian in Jabonga, Agusan del Norte.

2014 ppi’S Best in ENVIRONMENTAL Reporting Tue-Wed | March 1-2, 2016

By MIKE BAÑOS, Editor-at-Large

A

JOINT project of the Department of Energy and Department of Trade and Industry continues to pursue the country’s energy security and environmental sustainability as outlined in the plans and priorities of the Philippine Development Plan 2011-2016.

Started in 201l, the Philippine Industrial Energy Efficiency Project (PIEEP) is promoting industrial energy efficiency through the adoption of an Energy Management System (EnMS / ISO50001) and Systems Optimization energy/PAGE 7

Participants to the Energy Management System Industrial Users Training at Mallberry Hotel in Cagayan de Oro City. (AMI photo)

Corn harvest ILIGAN City -- The Department of Labor and EmploymentRegion 10 (DOLE-10) - Lanao del Norte (LDN) Provincial Field Office (PFO), together with beneficiaries of the Association of Small Farmers Sendong Survivors (ASFSS) took their first corn harvest on 7 January 2016 in Bayug Island, Iligan city. This was their first and partial harvest or half of the three hectares area in which they have sold to the local market in the city. The harvested corns were sold for about PhP 32,000.00. The second harvest was on the second week of February 2016. Nineteen beneficiaries were organized after the devastating Typhoon Sendong struck Iligan City and nearby provinces last December 2011. Bayug Island was one of the most devastated area in which a lot of casualties were reported and the said 19 beneficiaries were among of the survivors from this island.

P15.00

Energy program targets security, sustainability www.businessweekmindanao.com

HITECH MONITORING. Agriculture field researchers conduct monitoring and digital mapping in Barangay Malatimon, Ampatuan, Maguindanao, which is badly hit by the dry spell and rat infestation. mindanews photo by ferdinandh cabrera

Registration of associations in relocation sites pushed By MARK FRANCISCO, Staff Writer

O N LY t w o o u t o f 2 5 homeowners associations in the city’s relocation sites here have been registered with the Housing and Land Use Regulatory Board (HLURB), a project officer said Monday. Jason Jay Dalma, project

officer of Xavier Ecoville, said that the homeowners associations have to be registered with the HLURB so they can have their own respective juridical personalities. relocation/PAGE 6

NGCP gets ERC’s approval to study Vis-Min power link-up THE Energy Regulator y Commission (ERC) approved provisionally the application of power-grid operator National Grid Corp. of the Philippines (NGCP) to conduct a study for the potential route of the grid interconnection between Visayas and Mindanao.

According to the order dated Jan. 21, NGCP is also directed to submit the actual cost for the first feasibility study. The grid operator revealed in its petition that its studies shown the western route for the connection of the Visayas and Mindanao

g r ids – t hroug h C ebuNegros and Z amboanga Del Norte – was the most viable prospect. The study will cost Php 152.46 million, including the hydrographic survey which is targeted to be completed by June 2016. ngcp/PAGE 7

Trade between Philippines and Malaysia at $5B in 2015 By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- Trade between the Philippines and Malaysia last year reached $5B in 2015, records of the the Malaysian Trade (MATRADE) in Manila showed. Speaking in Wednesday’s Habi at Kap e at the Abreeza Mall, Nyaee Ayup,

M AT R A DE - Man i l a commissioner said exports f r o m Ma l ay s i a t o t h e Philippines remained higher at $3.4 billion, or 68 percent, while the imports were valued at $1.6 billion. This was slightly lower compared to 2014’s 5.3 billion

worth of traded goods, of which $3.7 billion were exports and $1.6 billion were imports. She added that most of the traded goods are electronic products, construction and building materials, palm oil, mechanical equipment, appliance, metal, processed trade/PAGE 7

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