BusinessWeek Mindanao (March 1, 2017)

Page 1

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 118

YOUR Mindanao-wide BUSINESS paper

RELIABLE

www.businessweekmindanao.com

IN-DEPTH

P15.00

Wednesday | March 1, 2017

PHILs faces bright growth X X Briefly amid uncertainty- analyst

Market Indicators

As of 6:11 pm February 23, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.240

7,031.01

6.5

cents

14.56 points

Federalism

ABOUT 5,000 residents from all over Misamis Occidental gathered Monday at the Medina College Gymnasium in Ozamiz City for the grand launching of the Mayor Rodrigo Roa Duterte-National Executive Coordinating Committee (MRRD-NECC). Gracing the event were San Luis, Batangas Mayor Samuel Ocampo, MRRD Peoples National Movement for Federalism national president, and Commissioner Manuel Serra Jr. of the Presidential Commission for the Urban Poor and MRRD-NECC campaign manager. During the launching on Monday morning, members of the MRRD-NECC from the cities and towns in Misamis Occidental were sworn in.

Sasa modernization DAVAO City -- A home-grown cargo handling firm is throwing its all-out support to the Sasa Port modernization in order to address the growing demand of increasing cargo ships docking at Davao’s main port. Harry Lopez-Chua of Filipinas Port Services (Filport) said modernizing Sasa Port would improve services and result in faster turnaround while an additional space would accommodate some new equipment. He said currently, the port handling remains traditional using only short cranes. If there is improvement in cargo handling, it is private-initiated to improve their service and cope with competition.

T

HE world faces great uncertainties ahead, with global trends in leadership shifting away from cooperation to protectionism.

Despite the dubious times, global analyst and CEO of Difference Group, Dr. Dan Steinbock, believes the Philippines is on the right path to continue and capitalize on its positive growth. At a seminar organized by state think tank Philippine Institute for Development Studies (PIDS), Steinbock detailed a foreboding outlook of the future. The radical polarization in the European Union over issues of immigration and unity, Beijing getting ready for the next Politburo, the impact of demonetization in India, growth/PAGE 11

Exporters push for interventions to strengthen trade with China

LOCAL exporters are pushing for various interventions, including support for promotion and financing access, to strengthen trade ties with China, the world's fastest-growing consumer market. Philippine Exporters Confederation Inc. (PHILEXPORT) President trade/PAGE 11

The PCOO ROADSHOW: 2017 Presidential Communications (PCOO) Roadshow unfolding at Garden Orchid Hotel, Zamboanga City, Monday.

SSS to offer calamity relief assistance to Surigao earthquake victims MisOr Signs MOA on G rassroots D evt . Memorandum of Agreement (MOA) highlights the turnover ceremony of P300 thousand worth of check for the Barangay Hall Construction Phase 3 intended for the grassroots sectors to benefit under the barangay BAMBI (Bililhun ang Matag Baryuhanong Ipalambo) program spearheaded by Misamis Oriental Governor Yevgeny Vincente B. Emano on February 24 at barangay 3, Gingoog city. (PIO MisOr)

SURIGAO CITY, Surigao del Norte- About 24,000 members and pensioners of the Social Security System (SSS) here may soon avail themselves of three different types of calamity relief assistance after a 6.7-magnitude earthquake hit the city last Feb 10. SSS will offer three types of calamity relief assistance such as a Calamity Loan, House Repair and Improvement Loan and advance threemonth pension to members relief/PAGE 11

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