BusinessWeek Mindanao (March 15-16, 2021)

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BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 118

AS OF 6:00 PM MAR. 12, 2021 (FRIDAY)

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Durian export THE Philippines has exported its first frozen durian products from Davao City to Australia, the Department of Trade and Industry (DTI) said Thursday. In a statement, the DTI said the initial shipment arrived at Port of Melbourne on March 2. Davao durian products were imported by Aus Asia Produce Pty. Ltd., an importer and distributor of exotic tropical fruits, Asian vegetables, herbs, and other products for the Australian market.

Mentorship program THE Department of Trade and Industry (DTI) continues to support micro, small and medium enterprises (MSMEs) in rural areas through its mentorship program, the Kapatid Mentor ME (KMME). Following a ceremonial signing Monday, the DTI mentorship program will also be rolled out in its Rural Agro-enterprise Partnership for Inclusive Development and Growth (RAPID Growth) project, which aims to boost agroenterprise development in the country. The RAPID-KMME program is a 12-module mentorship program that aims to provide a comprehensive framework in promoting rural enterprises and value chain development.

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Railway project in peril due to Chinese demands T Thank you for trusting us!

HE construction of the first phase of the Mindanao railway system project hits another snag as negotiations for a Chinesr loan has yet to be completed, the Department of Transportation (DoTr) announced Friday.

Dante Sudaria, president and CEO of Sudaria Group of Newspapers, awards the Certificate of Recognition to Councilor Girlie Balaba for being the Guest Speaker during the the Grand Launching of Mindanao Daily News Network Digital platform held at the Centrio Ayala Mall Activity Center in Cagayan de Oro City on March 10, 2021. photo by gerry lee gorit

In a press statement, the department said the delay in the negotiation is due to the requirement by the Chinese financing institution that the loan can only be grantet if the railway project is bid out to Chinese contractors. The project is supposedly to start in the first quarter of this year “Ito ay magsisimu la k ap a g n a - n e got i ate n a po ang loan natin. Then, magkakaroon po ‘yan ng detailed engineering design. After that, magsisimula na right away ang actual construction (It will start when the loan is negotiated, followed by the detailed

engineering design contract, and then immediately after comes actual construction),” Transportation Assistant Secretar y for Project Implementation-Mindanao Cluster Eymard D. Eje said at an online briefing Wednesday. Eje acknowledged that the start of the project is delayed. It pains me to say that we have encountered a delay, he said. He said the Chinese government has yet to submit its shortlist of bidders for the design-and-build package. In January, the department said three short-listed Chinese groups had submitted bids for RAILWAY/PAGE 7

MDNN Digital Network releases station ID for 2021 By JOEL ESCOL

CAGAYAN DE ORO CITY - There's no stopping to the continued innovations and technology updates made by Mindanao Daily Publishing Corporation President and Publisher Dante M. Sudaria,

as part of the company's massive growth to immersed itself to the 21st century's emerging technology and the worldwide web. After the successful launch of its digital network MDNN

teleradyo, the Sudaria Group of Companies also released its first station ID for Year 2021. The station ID was first introduced during the grand launch of MDNN teleradyo. "Kailangan pud nato ang station ID kay kini ID/PAGE 6

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