BusinessWeek M I N DA N A O CREDIBLE
Volume XII, No. 140
Market Indicators AS OF 6:00 PM MAY 6, 2022 (FRIDAY)
FOREX US$1 = P52.5
PHISIX 6,802.73
X X Briefly
0.14
81.65
cents
points
Liquor ban May 8-9 AS part of measures to secure Monday's national and local elections, a liquor ban has been imposed across the country starting Sunday (May 😎, as the Philippine National Police (PNP) reminds the public of election rules and prohibited acts which shall be implemented on May 8 and 9. The Commission on Elections (Comelec) has released Resolution No. 10746 imposing the prohibition on selling, furnishing, offering, buying, serving, or taking intoxicating liquor during the identified period. “Anyone found violating any of the provisions may face the penalty of imprisonment of not less than one year but not more than six years without probation,” said PNP Chief Officer-in-Charge/Security Task Force Commander, Lt. Gen. Vicente D Danao Jr., citing provisions of Comelec Resolution No. 10746.
Comelec spokesman AN acting spokesperson has been designated by the Commission on Elections (Comelec). In a memorandum issued Friday, Comelec Chairperson Saidamen Pangarungan named lawyer John Rex Laudiangco, Director III of the Law Department, as acting spokesperson. “You (Laudiangco) are hereby designated as Acting Spokesperson of the Commission effective immediately. You shall report to Commissioner George M. Garcia, the Commissionerin-Charge (CIC) on Public Information and Education,” the memorandum read.
Ringing of bells THE country’s Catholic bishops have called on churches to ring their bells on May 9, Election Day. In a circular, the Catholic Bishops’ Conference of the Philippines (CBCP) urged churches to ring their bells at the opening of voting precincts at 6 a.m. for 10 minutes on Monday. “This is to remind our faithful to exercise their civic duty as citizens to vote, and to do so in the spirit of prayer, asking the Holy Spirit to enlighten their consciences in their choice of new national and local leaders for our country,” CBCP president Bishop Pablo Virgilio David said.
YOUR MINDANAO-WIDE BUSINESS PAPER
RELIABLE
IN-DEPTH
No power shortage during May 9 polls www.businessweekmindanao.com
Mon-Tue|May 9-10, 2022
P15.00
T
HE National Grid Corp. of the Philippines (NGCP) issued on Friday its power outlook for May 7 to 10, seeing no shortage in power supply across the country in the next four days.
The NGCP said as candidates are expected to hold their miting de avance this weekend, the Luzon grid will have a 3,515-megawatt (MW) operating margin on Saturday and 3,489 MW spare capacity on Sunday. The Visayas grid has a tighter supply with an operating margin of 473 MW on May 7 and 511 MW on May 8. There is no looming power supply in the Mindanao grid over the weekend since the operating margin of power generation facilities is 1,196 MW on Saturday and 1,316 MW on Sunday. On Election Day, the Luzon grid has an available generating capacity POLLS/PAGE 7
TIGHTENED SECURITY. A K-9 sniping dog checks a travelling bag left unattended for over three hours near a CVO outpost along the national highway in Villanueva, Misamis Oriental Friday afternoon, May 6, 2022. The Anti Explosives, Ordnance Disposal and K-9 Unit of the Provincial Police Office secured the area and dispatch a K-9 bomb-sniping dog but the bag yielded negative of explosive. Police authorities has tightened security measures as the nation holds the presidential elections today, May 9. photo by gerry l. gorit
4K Army troops enlisted for today's polls in NorMin, Caraga By ERCEL MAANDIG, Reporter
CHECKING THE COUNTING MACHINE. Electoral Board members test and seal a vote counting machine in the presence of political party representatives Friday (May 6. 2022) in a voting precinct in Matungao town, one of the four potential hot spots in Lanao del Norte identified by the Commission on Elections. mindanews photo by richel v. umel
THE Army's 4th Infantry Division (4ID) has started deploying 4,000 military personnel throughout Northern Mindanao to serve as security force multipliers in the May 9 elections. Maj. G e n . Wi l bu r Mamawag, 4ID commander, said the troop deployment will continue until Sunday in various parts of Northern M i n d an a o an d C ar a g a regions. “With various task forces
activated and operationalized, we shall continue to monitor and take appropriate actions in any election-related issues," Mamawag said in a statement Thursday evening. Mamawag instructed the troops to “remain steadfast” in their duties and avoid being influenced by politics. "We have shown a high degree of interoperability, we shall maintain c o ord i n at i on w it h t h e ENLISTED/PAGE 7
Collaborative effort crucial to Marawi rehab, social healing THE whole-of-nation approach of the government has been crucial in the rehabilitation of war-torn Marawi city and the social healing of residents, five years since the infamous siege between government forces and terrorists. The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) recognized the
collective efforts of multistakeholders to push for the total recovery of the city and social healing of the people. In a statement on Friday, OPAPRU cited clear evidence that “a greater sense of normalcy has returned to the lives of its people”. “Residents who once fled for their safety are now slowly returning to their communities and rebuilding
their homes. Small business establishments have opened, as trade and commercial activities have started to pick up,” it said. For the past five years, the OPAPRU and 56 other implementing agencies of the Task Force Bangon Marawi (TFBM), local government unit, and other civil society organizations (CSOs) have CRUCIAL/PAGE 7
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776