BusinessWeek Mindanao (November 12-14, 2014)

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BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 68

Market Indicators

As of 6:20 pm nov. 13, 2014 (thursday)

FOREX

PHISIX

US$1 = P44.86

7,198.63 points

X Briefly 34.24 points

X

1 cent

X

Misor Cares MISAMIS Oriental -- In his effort to have a more comprehensive coverage, governor Bambi Emano announced recently the inclusion of mental cases and those afflicted with filariasis as part of those medical issues that may be covered by the Mis Or CareS. MisOr Cares provincial coordinator, Dr. Bebina Casino, made a strong recommendation to this effect to the Governor after it was discovered that mental cases were far more serious health concern than what it was thought to be. Our municipal cluster coordinators reported that many of these are left without proper care and no medical intervention, Dr. Casino said.

Banana farms

DAVAO City -- The Unifrutti Group of Companies has partnered with local companies to start its banana expansion project in Maguindanao by signing an agreement covering 2,000 hectares of banana farms in the province. John Paul C. Perrine, company president, said the group’s infusion of $60 million investment “is just a start,” given a bigger plan to develop about 4,000 hectares for banana starting next year. The company is tapping two locally incorporated companies, Al-Sahar and Al-Khalifa, to set up the farms. “We have faith (in Maguindanao as an investment area); and we believe (that the investments will grow),” said Mr. Perrine.

www.businessweekmindanao.com

Wed-Fri | November 12-14, 2014

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Go Negosyo Center seen to stir business growth T

By MARK FRANCISCO, Staff Writer

HE very first Go Negosyo Center in the country opened in Cagayan de Oro City which is expected to usher business developments in the locality, Sen. Paolo Benigno Aquino IV, who authored the bill, said during the inauguration ceremony yesterday. full story/PAGE B3

BBL should ensure welfare of ARMM employees: solon By MINDANEWS

Z A M B OA N G A C i t y – The B angs amoro B asic Law should ensure that thousands of employees of the Autonomous Region in Muslim Mindanao (ARMM) will not be displaced once t he B angs amoro ent it y replaces the current regional government Senator Ferdinand Marcos Jr. said. Marcos said the ARMM employs around 36,000 people, and they fear losing their jobs as “collateral damage” once the ARMM is abolished and replaced by the Bangsamoro. “One of the concerns

raised in all the places we go to conduct hearings (on the proposed Bangsamoro Basic Law) is the worry of the employees as to what will happen to them since ARMM will be abolished,” Marcos said in a press conference here. He said the same concern surfaced during the public hearing on the BBL Tuesday in Tawi-Tawi. Marcos heads the Senate public hearings on the proposed BBL as chair of the Senate committee on local government. Welfare/PAGE 11

GO NEGOSYO CENTER. The first Go Negosyo Center in the country formally opened in Cagayan de Oro City yesterday. Cutting the ceremonial ribbon are: (L-R) Misamis Oriental Sangguniang Panlalawigan (SP) member Nancy Madjos, Vice Mayor Ceasar Ian Acenas, guest speaker Sen. Paolo Benigno Aquino IV, Trade and Industry Undersecretary Zenaida Maglaya, Region 10 assistant director Linda Boniao and Councilor Roger Abaday. photo by francis patindol

Aboitiz exceeds 200 Yolanda classrooms target CEBU City – The Aboitiz Foundation has surpassed its target of repairing and constructing a total of 200 classrooms that were hard-hit by super typhoon Yolanda in the towns of Bogo and San Remigio in northern Cebu, turning over today a total of 227 classrooms that will benefit 15,000 students. A total of 157 repaired and 70 newly-constructed classrooms are handed over to 29 school beneficiaries d u r i n g t h e Yo l a n d a Culminating Activity at aboitiz/PAGE 11

Delivering the promise of a BetterWorld. Aboitiz Foundation chairman Erramon Aboitiz (4th from right) and president Susan Valdez (extreme right) lead the ribbon-cutting ceremony at the Post-Yolanda School Rehabilitation Culminating Activity at Argawanon Integrated School in San Remigio, Cebu.

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BusinessWeek Mindanao (November 12-14, 2014) by Mindanao Daily News - Issuu