BusinessWeek Mindanao (March 30, 2015)

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BusinessWeek MINDANAO Your daily business paper

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 132

Market Indicators

As of 6:34 pm Mar. 28, 2015 (Saturday)

FOREX

PHISIX

US$1 = P44.76

7,877.96 points

7 cents

X X Briefly 6.86

points

Railway system A PROPOSED Mindanao Railway System (MRS) could be implemented under the public-private partnership (PPP) scheme after lobbying by legislators, in an apparent reaction to the concentration of projects in Metro Manila and nearby provinces. PPP Center director for legal services Romell Antonio O. Cuenca told reporters on the sidelines of the ASEAN Corporate Sustainability Summit & Awards 2015 in Makati City on Friday that the agency has been “urged by legislators” to place the Mindanao Railway System on its project list. “[We are] in discussions within the PPP Center; we’re branching outside Metro Manila, because most of our projects are centralized in Metro Manila,” Mr. Cuenca told reporters.

www.businessweekmindanao.com

Dad: Tourism Code must ensure safety of visitors City Councilor Darimbang seeks amendments to 19-year old ordinance

A

By MARK FRANCISCO, Staff Writer

CITY COUNCILOR in Cagayan de Oro is pushing the amendment of the local tourism code in a bid to ensure the health safety of visitors that were lured to see the city’s tourism destinations.

Councilor Lourdes R. Darimbang, who chairs the committee on tourism, is proposing 24-hour clinics in out lying hotels and the installation of global positioning system (GPS) devices and surveillance cameras in vans servicing tourism/PAGE 11

DARIMBANG: Let’s amend the 19-year old ordinance.

Iligan City has a new Mayor By CRIS DIAZ, Associate Editor

Visit Davao campaign DAVAO City -- The Department of Tourism (DoT) Region 11 office is looking at widening the coverage of the Visit Davao Fun Sale campaign, which will be held for the second time this year from April 3 to May 17, to areas outside Davao City beginning next year. By 2016, the Island Garden City of Samal will be included in the promotional tour packages, and later other areas such as Dahican beach in Davao Oriental and Kapatagan at the foot of Mt. Apo in Digos City, Davao del Sur. “The VDFS is just on its second year but we are hoping that in the next three to five years, when people think of summer, they will be thinking of Davao (Region),” said DOT Regional Director Roberto P. Alabado III.

P15.00

Monday | March 30, 2015

THE Department of Interior and L o cal Government (DILG) has sworn in Vice Mayor Roderic Marzo as Iligan City Mayor on Friday.

Rene Burdeos, DILG regional director, said that Marzo would dispose the responsibilities as City mayor/PAGE 11

PRESIDENT Benigno S. Aquino on Friday said a National Peace Summit will be held to better understand t he i mp or t anc e of t he Bangsamoro Basic Law (BBL).

The President made the announcement in a speech delivered on the first year anniversary of the signing of t h e C ompre h e n s i v e summit/PAGE 11

National Peace Summit to discuss BBL eyed PEACE ADVOCATES: About a hundred Moro people, along with peace advocates, gather in Davao City to commemorate the signing of the Comprehensive Agreement on the Bangsamoro (CAB) between the government and the Moro Islamic Liberation Front (MILF) on March 27 last year. mindanews photo by keith bacongco

Iqbal: BBL battered but not yet out By BEN CAL, Philippine News Agency

“BATTERED but not yet out!” This was the strong statement made by Mohaqer Iqbal, chief peace negotiator of the Moro Islamic Liberation Front (MILF), Friday night in the aftermath of the bloody

Mamasapano incident that killed 67 people, including 44 police commandos of the Special Action Force (SAF) in Maguindanao last Jan. 25. Eighteen MILF rebels and five civilians were also

killed during the 11-hour gun battle that shattered the 1997 ceasefire agreement between the government and the rebels. Iqbal statement coincided at t he b o ok l aunching marking the first anniversary bbl/PAGE 11

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