BusinessWeek MINDANAO Your daily business paper
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 117
Market Indicators As of 6:12 pm Mar. 6, 2015 (friday)
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Grand winner A SOCIAL enterprise based in Bukidnon has won the grand prize at a climate change competition held in Europe late last month. Hineleban Foundation Incorporated was awarded the the Grand Prize for Best Project in the Forestry Sector at an International Competition on Climate Change held in Paris, France on 27 February 2015. Dr. Norma V. Llemit, Head of Project Management Group, received the award in behalf of Hineleban. The Agence Française de Développement (AFD) and the Agricultural Research Centre for International Development (CIRAD) launched the first international competition on “Climate Challenge Agriculture and Forestry” in September 2014. A total of 550 entries were received from 60 countries all over the world.
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TRADE OFFICIAL SAYS:
Asean integration wont affect PH service sector
T
By H. MARCOS C. MORDENO, MindaNews
HERE will be no unregulated entry of foreigners in the service sector in the country as a result of the upcoming implementation of the Association of Southeast Asian Nations Economic Integration late this year, an official said Thursday.
Speaking at the forum on Philippine international trade strategy here organized by the Department of Trade and Industry, Trade and Industry
Assistant Secretary Ceferino S. Rodolfo said the issuance of visa and compliance with some requirements would be integration/PAGE 11
Farm mechanization
POWER LINES. The new 138kV switchyard of the National Grid Corporation of the Philippines (NGCP) located in Villanueva, Misamis Oriental.
BUTUAN City -- To further boost the rice production in Caraga Region, the Department of Agriculture (DA) recently turned-over around 53 units of floating tillers to various farmers associations. The turn-over ceremony was held at DA Research Station in Taguibo, Butuan City graced by DA Caraga acting Director IV Edna Mabeza. Of the 53 units, 19 units were turned-over to farmers associations in Agusan del Sur particularly from municipalities of Loreto, Talacogon, San Francisco, Sta. Josefa, La Paz, San Luis, Trento and Bayugan City; nine units goes to Surigao del Norte particularly to municipalities of Gigaquit, Bacuag and Surigao City; nine units goes to Butuan City; seven units to Agusan del Norte for the municipalities of Kitcharao, Santiago, and RT Romualdez; four units also to Surigao del Sur for the municipalities of Marihatag, San Miguel and Barobo; and two more units for the Province of Dinagat Islands. Recipients of the remaining three units are yet to be finalized.
photo by mark francisco
Mixed power sources pushed anew POTTERY. A worker molds an ornamental clay ware at the Stoneware Pottery Inc. shop in Bulua, Cagayan de Oro City. The shop, which caters to local and foreign clients, has to import from Germany its clay material which can withstand high temperatures. mindanews photo by h . marcos c . mordeno
FOR Mindanao to have a stable power supply and reasonable electricity rates, it needs to have combination of fossil fuels and renewable energy (RE), an official of the Association of Mindanao Rural Electric Cooperatives (Amreco) said Sunday. In a st atement s ent
through email, Mindanao Development Authority (MinDA) chair Luwalhati Antonino underscored the necessity of having both nonrenewable and renewable sources of power in the island. Amreco president Sergio Dagooc, in a text message to Sun.Star Cagayan de Oro
Sunday, said the electric co op erat ives’ g roup in Mindanao is supportive of Antonino’s desire that will benefit the end-users in the long run. “We support it so that Mindanao will have balance energy supply of fossil fuel power/PAGE 10
DOE boasts of hiked power investments By MYRNA VELASCO, Contributor
THE Department of Energy (DOE) is reveling on what it reckoned as increased in capital flow for power projects – reaching total
capacity of 1,677 megawatts at the duration of the Aquino administration. The department’s claim of laying down ‘viable
investment environment’ for power projects, however, was a ‘hard sell’, because in point of fact even the private sector’s bid for streamlining government approvals and doe/PAGE 11
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