BusinessWeek MINDANAO “We Grow Minds”
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 168
Market Indicators
As of 6:35 pm may 18, 2015 (monday)
FOREX US$1 = P44.49
1 cent
PHISIX 7,910.43
X X Briefly 28.48 points
Text scams THE Bangko Sentral ng Pilipinas (BSP) warns the public on the various text scams that continue to persist and are being 4 cents proliferated through the use of mobile phones. Such recurring text scams declare that the receiver has won in a purportedly electronic or mobile numberbased raffle/lottery, allegedly sponsored by the BSP or any of its official/representative. The receiver is then instructed to deposit a sum of money or send a prepaid load to the sender’s account to claim the prize money. The BSP reiterated that it does not sponsor or engage in any games of chance, lottery or raffle of such nature.
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Eagle hunt DAVAO City -- A total of 400 pairs of Philippine Eagles are being monitored by the Philippine Eagle Foundation to look closely on their behavior and habitat. Vidalyn Dumadag, communications officer of the PEF said the move is in line with the PEF’s mission in saving the eagles. She said that there are 35 eagles in captivity which are being nourished by the foundation. “Eagles in the wild are constantly threatened with the denudation of forests and hunting, shooting and trapping by individuals who are not aware of their importance to the environment,” Dumadag said.
Bukidnon hydro A 68-MEGAWATT (MW) hydropower project of an Aboitiz Power Corp. (AboitizPower) Mindanao unit is scheduled to be operational in 2017, according to the parent company’s latest quarterly report. AboitizPower said “Hedcor Bukidnon, Inc. plans to start construction of the Manolo Fortich project within the second quarter of 2015.” “The project broke ground in April 2015 and... commercial operation is planned for yearend 2017,” the report read.
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Tuesday | May 19, 2015
BBL’s fate lies in hands of 98 reps VOTING STARTS:
A
By BWM News Bureau with MindaNews
FTER presenting its working draft to President Benigno Aquino III on Sunday night, the House’s ad-hoc committee on the Bangsamoro Basic Law, has begun voting on the second version of the bill on Monday with fewer deleted provisions.
Cagayan de Oro Rep. Rufus Rodriguez, chairman of the ad hoc panel, said they started the committee deliberations yesterday with only three or four provisions that have been deleted from the new working draft, which
he called the chairman’s and vice chairmen’s draft. The 3-4 deletions are in contrast to the eight provisions earlier deleted from the bill. “This is the best that we can do,” Rodriguez said. bbl/PAGE 11
PEACEFUL PROTEST. Anti-riot police line up outside the south gate of the House of Representatives in Quezon City as close to a thousand protesters call for the passage of the Bangsamoro Basic Law yesterday, May 18. mindanews photo by toto lozan
Apple Tree holds first skim boarding tilt By ERCEL MAANDIG, Correspondent
KNOWN for its array of quality beach resorts and hotels, Opol municipality in MIsamis Oriental is now the new Skim-boarding hub in the western part of the province. Over the past years, the
local government unit of this town has initiated several skim boarding competition as part of the several events of its “Kabaybayonan Annual Festival”. Today, some private entities initiated such event
just to promote Skim Boarding as Opol’s “Sports Tourism” since the town was tagged as among the tourism nest of the province because of its influx of domestic tourist whole year round specially during Summer, among these entity is “Apple Tree Hotel boarding/PAGE 11
Bill filed requiring LGUs to allot funds for agriculture By MARK FRANCISCO, Staff Writer
SENATOR Cynthia Villar is set to file a bill making it compulsor y for local government units (LGUs) to set aside a yearly budget for agriculture. Speaking during a national convention of city and municipal agriculturists here Monday, Villar said
many LGUs especially in urbanized areas do not set aside funds for agriculture. “I have heard of a local government unit whose agriculturist’s sole work is to inject anti-rabies vaccination. To me, that is preposterous,” Villar said. bill/PAGE 11
SUBSTANCE OF LIFE. A boy drinks from a hose before filling his containers with water in Sitio Landing, Malaybalay City. Having no water connection of their own, his family buys water from a neighbor at P2 per 5-gallon container. mindanews photo by h . marcos c . mordeno
UN to remove MILF in list of armed groups using child soldiers By FERDINANDH B. CABRERA, MindaNews
Sen. Cynthia Villar seeks compulsory funds for agri.
COTABATO City — The Moro Islamic Liberation Front (MILF) announced it was on its way to completing the UN-MILF action plan to get it delisted as a group that uses child combatants. International human rights standards define a child soldier or combatant as
an individual who is below 18 years old. The announcement came in time for the launching Monday of the “Children, Not Soldiers” campaign in Cotabato City by the UN International Children’s Emergency Fund (UNICEF) milf/PAGE 11
Sta. Ana mulled as alternative to Sasa port By CARMELITO Q. FRANCISCO Correspondent
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DAVAO City -- The local government here is pursuing the development of the Sta. Ana Wharf, a project that will sasa/PAGE 11
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