BusinessWeek MINDANAO “We Grow Minds”
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 174
X
Market Indicators
As of 5:55 pm may 25, 2015 (monday)
FOREX
PHISIX
US$1 = P44.61
7,772.63
X
7 cents
X
37.54 points
Briefly Fishery assistance MARAWI City -- The Department of Agriculture and Fisheries of the Autonomous Region in Muslim Mindanao (DAF-ARMM) distributed P1.8 million-worth of equipment and inputs to pre-identified farmers’ and fishermen’s cooperatives in Maguindanao on Friday, May 22. Makmod Mending, DAFARMM’s agriculture and fisheries secretary, said the distribution is aimed at supporting the production of agricultural crops in the region, especially rice and corn. “Malaking tulong ito sa ating mga magsasaka. Inaasahan natin na tataas ang production ng ating mga farmers sa ARMM dahil sa naipamigay nating mga farm machineries. (This would be of big help to our farmers. We expect their productivity to improve with these machineries),” Sec. Mending said. The machineries include one unit corn mill, two units of hand tractor, a thresher, a seed cleaner, five units of floating tiller and 18 units of rice cutter. Thirty one cooperatives received the machineries amounting to P1, 835, 974.
Tuesday | May 26, 2015
By CARMELITO Q. FRANCISCO, Correspondent
T
HE longstanding plan to connect the power grid of Mindanao with the rest of the country remains unrealized as the National Grid Corporation of the Philippines (NGCP) said it is still completing a feasibility study that was originally due in March 2013.
The connection, part of the 2010-2030 Mindanao Energy Plan and originally targeted for implementation by 2018, is intended to allow Mindanao, the Philippine’s second biggest island, to either buy power from or sell to the rest of the country. As of yesterday, Luzon had reserves of 2,428 megawatts (MW) while the Visayas had 224 MW. Mindanao, with the lowest reserves in the
country since 2010, had 134 MW according to the NGCP Web site. NGCP sp okesp ers on Cynthia Perez-Alabanza, who was in the city last week, said the company is now exploring two options for the interconnection after the initial plan was assessed to be unfeasible. “We are trying to exhaust all possible routes,” Ms. linkage/PAGE 11
DRUMMER GIRL. A girl enjoys her role as drummer during a band performance on Friday (May 22) at the Bukidnon State University gymnasium in Malaybalay City. The activity capped the annual Summer Camp Rock, a month-long free training in vocals and musical instruments offered by the provincial office of the Department of Public Works and Highways. mindanews photo by alexandria m . morde
No tuition fee increase in ARMM MARAWI City -- There will be no tuition fee increase this coming school year in private colleges and universities in the Autonomous Region in Muslim Mindanao (ARMM). “Academic institutions in the ARMM preferred
Candlelight memorial MALAYBALAY City -- In Malaybalay City, thousands of people joined the whole world in commemorating the International AIDS Candlelight Memorial on the third Sunday of May at the San Isidro Cathedral. Organized by the City Health Office of Malaybalay and the Diocese , in partnership with the Alliance Against AIDS in Mindanao (ALAGAD Mindanao), the event was marked by lighting of candles to pay tribute to those who have lost their lives to the disease called Acquired Immune Deficiency Syndrome (AIDS) and raise social consciousness about Human Immunodeficiency Virus (HIV). AIDS is a syndrome caused by a virus called HIV. The illness alters the immune system, making people much more vulnerable to infections and diseases. Dr. Melirose Deticio, City Health Officer, said the regional office data showed there are 360 HIV cases in Region 10 now, from 350 cases in February this year.
P15.00
Vismin linkage stuck in feasibility stage www.businessweekmindanao.com
FOOD CARTS. At least forty street vendors in Tagoloan, Misamis Oriental, get their food carts courtesy of PepsiColo Bottlers Phis. and the municipal government led by Mayor Paulino Emano. photo by mark francisco
40 street vendors get food carts from Pepsi
He said that with no tuition fee hike in ARMM, more enrollees are expected this year. On May 19, 2015, applications for tuition and other fees increase by increase/PAGE 11
Jica grants P500-M for NGCP to conduct seminar on Mindanao projects system operations By Leslie D. Venzon, Philippine News Agency
THE Philippines will receive a grant of 1.117 billion Japanese yen or about P500 million from the Japanese By MARK Q. FRANCISCO, Staff Writer gover nment to f inance community development P E P S I - C o l a P r o d u c t s manager Sanny Calam said project in conflict-affected Philippines, Inc. yesterday all 40 recipients of the food areas in Mindanao. turned over 40 food carts for cart have been chosen by The grant assistance, which street vendors in Tagoloan, the local government unit was made possible through (LGU) of Tagoloan and t h e Jap an - B an g s am oro Misamis Oriental. Cagayan de Oro Pepsi- are certified street vendors Initiatives for Reconstruction C ola plant marketing pepsi/PAGE 11 and D e velopment, will
Get your BWM Loyalty Card NOW at any of our participating establishments for ONLY P350.00, and avail DISCOUNTS.
not to increase their tuition fees because they want the parents in our region to send their children to college,” said Commission on Higher Education (CHED) ARMM Commissioner Amor Pendaliday.
facilitate the rehabilitation and construction of farm-tomarket roads particularly in Bumbaran in Lanao del Sur, Datu Paglas in Maguindanao and Alamada in Nor th Cotabato. Economic Planning Secretar y Arsenio M. B a l i s a c an and Nor i a k i Niwa, Chief Representative of the Japan International project/PAGE 11
By APIPA P. BAGUMBARAN Contributor
THE National Grid Corporation of the Philippines (NGCP) will again conduct a power seminar for its media partners in Cagayan de Oro, Bukidnon province, and the two Lanao provinces. Ms. B eth A. Ladaga, NGCP regional corporate communications and public affairs officer for Mindanao, said the Power 103 Seminar will focus on the system operations, the responsibilities of NGCP as the system operator, power dispatch, and frequency control and voltage regulations. According to her, the Power 103 Seminar for Cagayan de Oro media is scheduled on Wednesday, May 27, at SEDA Centrio Hotel while the seminar for ngcp/PAGE 11
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776