BusinessWeek Mindanao (May 6, 2015)

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BusinessWeek MINDANAO “We Grow Minds”

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 159

Market Indicators

As of 6:30 pm may 5, 2015 (tuesday)

FOREX US$1 = P44.58

3 cents

PHISIX 7,890.71

X X Briefly 74.27 points

Price watch MAMBAJAO, Camiguin -- In the drive to intensify the enforcement of fair trade laws and Consumer Act of the Philippines, the enforcement team of the Department of Trade and Industry (DTI)-Camiguin conducted its regular price monitoring of basic and prime commodities, spare parts and construction materials last April 20-21, 2015. It was notable that some prices of the basic commodities, specifically Nestle products, had started to go down like the prices of Nescafe Coffee Refill 25g and 50g decreased by P1.05 and P2.05 respectively due to dipping prices of robusta coffee beans in the world market. Apart from checking the prices of these said goods, the enforcement team also examined the proper labelling and price tagging of the products being sold to safeguard the welfare of the consumers.

B

Wednesday | May 6, 2015

By IRENE DAYO, Staff Writer

ORROWERS of beleaguered Surigao Rural Banking Corporation which was ordered closed by the Monetary Board are urged to continue paying their loan obligations and transact only with authorized representatives of state-insurer Philippine Deposit Insurance Corporation (PDIC). pay/PAGE 11

BBL ADVOCATES. Orlando Cardinal Quevedo, OMI, Archbishop of Cotabato (L), Speaker Feliciano Belmonte Jr. (center) and Fr. Roberto Layson, head of the OMI Inter-religious Dialogue (R), flash the peace sign after a meeting between officials of the House of Representatives in Quezon City and the Friends of Peace (FoP) on Monday. Quevedo heads FoP, a group of peace advocates promoting the passage of a Basic Law that would provide genuine autonomy to the Bangsamoro.

Trade promotion SURIGAO City -- A total of 25 local producers here have learned the basic knowledge and understanding on how to participate in trade fairs and other related activities to promote and sell their products as they joined the Seminar on Trade Promotion conducted on April 21, 2015 at Jake Lou Food Hauz, Narciso Street, this city. The seminar is in preparation for 2015 Balanghai Festival Edition of Buy Caraga By Caraga trade fair event that will be held at the Robinsons Mall, Butuan City on May 8-11, 2015, it was learned. Buy Caraga By Caraga is an on-going market promotion program initiated by the Department of Trade and Industry (DTI) aimed to help producers in local communities gain access to continually expanding market.

P15.00

Borrowers told to pay closed Surigao bank www.businessweekmindanao.com

mindanews photo by froilan gallardo

KIDDIE CHEFS. Italianni’s Restaurant, the leader in Italian Casual Dining Worldwide., will be start its first ever Kiddie Chef Academy in Cagayan de Oro on May 18 at its Centrio Mall branch. The week-long workshop includes artwork activity, food demo, create-your-own pizza and kiddie food service. Kid Chefs take home an exclusive Italianni’s Chef coat, hand on recipe, free Bistro card and certificate.

Next DOE chief to focus on ‘policy fixes’ By MYRNA VELASCO, Contributor

RESIGNED Energy Secretary Carlos Jericho L. Petilla was not exactly well-appreciated

in the sector that he served, that the expectation of many industry stakeholders for

his successor would be to focus on fixing or addressing policies not addressed during his tenure. chief/PAGE 11

Election surveys, social media to highlight PPI’s 19th forum Finalists for this year’s Civic Journalism Community Press Awards known AS it celebrates its 51st year, the Philippine Press Institute, also known as the national association of

newspapers, reaffirms its strong commitment to doing its share in enhancing media’s role as a catalyst for discourse—rich,

enlightened, meaningful and sustained—in the coming elections and beyond. forum/PAGE 11

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776


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