BusinessWeek Mindanao (May 20, 2015)

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BusinessWeek MINDANAO “We Grow Minds”

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 169

Market Indicators

As of 6:56 pm may 19, 2015 (tuesday)

FOREX

X

US$1 = P44.51

2 cents

PHISIX

X

7,870.54

28.48 points

Briefly Bangsamoro investments SEVERAL companies have committed to invest approximately US$340 million or P15 billion worth of projects in several areas within the Autonomous Region in Muslim Mindanao (ARMM). During the Bangsamoro Business Forum, about 80 participants composed of government leaders, corporate officials, representatives from development agencies, and foreign dignitaries from the international community have discussed about investment opportunities for peace and inclusive development in Mindanao. Unifrutti Group Philippines chairman John Perrine said that several companies, including his company, have committed to start projects with a combined worth of US$340 million within the proposed Bangsamoro region.

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Mindanao groups seek ban on toxic pesticides A

MARAWI City -- As members of the House of Representatives begin voting on the provisions of the proposed Bangsamoro Basic Law (BBL), officials and employees of the Autonomous Region of Muslim Mindanao (ARMM) gathered at the regional office’s compound in Cotabato City to affirm their support on the passage of the proposed legislation. Hundreds of employees of the ARMM attended a short program held after the regular flag-raising ceremony to show their support to the BBL noting the proposed measure would lead to a lasting peace in Mindanao. Aylwin Manzan, a multimedia artist from Cotabato City and an employee of the regional government, said the passage of the BBL is the solution that would end the perennial conflict on the island.

By ERCEL MAANDIG, Correspondent

NATIONAL Oil Palm Conference held recently in Davao City has called on authorities to ban toxic pesticides such as Furadan, glyphosate and paraquat.

X

BBL backing

P15.00

Wednesday | May 20, 2015

Thirty (30) representatives from 20 organizations of indigenous peoples, farmers, trade unions, agricultural workers and advo cates from Luzon, Palawan, and

Mindanao and one participant from Indonesia attended the conference organized by the Rural Missionaries of the Philippines-Northern pesticides/PAGE 11

Mindanao regions gear for ‘dual training system’ By MARK FRANCISCO, Staff Member

SUMMER GETAWAY. Visitors enjoy the thrill of riding the 820-meter zip line at the Dahilayan Forest Park in Barangay Dahilayan, Manolo Fortich, Bukidnon. mindanews photo by h . marcos c . mordeno

Palace version of BBL won’t address Mindanao woes: Makabayan bloc By MINDANEWS

MAL AYBAL AY City -Malacanang’s version of the Bangsamoro Basic Law (BBL) will not address the root cause of the armed conflict in Mindanao, progressive lawmakers said in a joint statement Tuesday. T h e Ho u s e a d h o c committee on the BBL started voting Monday on the bill on a “per provision basis”.

Calling it a railroaded BBL, the Makabayan bloc, composed of Bayan Muna and four other party-list groups, said the revised version is an “insult to the struggle of the Moro people”. “Also Malacanang’s hand is obvious in the committee voting on the BBL considering that the bill is being railroaded so fast that congressmen are

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at a loss on what is going on and at the expense of transparency and procedure,” the statement said. “ T h is s itu at i on w as forced upon by the majority by cancelling last week’s amendments but rammed a Malacanang- version which was just given early Monday. This also seems to be a prelude of the final voting,” it added. bbl/PAGE 11

THE regions in Mindanao would be the first outside Metro Manila to implement the “Dual Training System Act of 1994,” a technical education official said Tuesday. Kotie R. Bax, regional

direc tor in Nor thern Mindanao, of the Technical Education, Skills and Development Authority (TESDA), said that the “dual training system” is an training/PAGE 11

BBL VOTE. Members of the House ad hoc Committee on the Bangsamoro cast their votes on the newer working draft of the Bangsamoro Basic Law at the House of Representatives. mindanews photo by froilan gallardo

MisOr’s fishing town now a tourist destination OPOL, Misamis Oriental– This fishing town of Opol is becoming a tourist hub in Misamis Oriental, Mayor Max Seno said on Tuesday. “No less than Senator Allan Peter Cayetano has fishing/PAGE 11

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