BusinessWeek Mindanao (November 13, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 061

Market Indicators

As of 6:10 pm November 12, 2015 (thursday)

FOREX US$1 = P46.99

13

PHISIX

X Briefly

cents

X

6,909.82

73.90 points

Ro-Ro line DAVAO City -- Proponents of the roll-on roll-off (RORO) ferry service between Mindanao and northern Sulawesi are now studying the option of using a Philippine-flagged vessel. The RORO project, conceptualized in 2012 and originally scheduled to start operations last year between the cities of General Santos and Bitung, has yet to be implemented due to regulatory delays on the side of Indonesia. The General Santos-Bitung route was to be served by a vessel owned by the local government of Talaud in Indonesia, which has domestic operations in the KupangTalaud-Miangas route.

Carrer-coaching MALAYBALAY City -- The Department of Labor and Employment, Regional Office No. X (DOLE-X), through its Bukidnon Provincial Field Office (BPFO) coached some 1,315 graduating students from the 25 sections of Bukidnon National High School (BNHS) during the Career Guidance Week on 14 October 2015 at Bukidnon National High School Gymnasium, Fortich Street, Malaybalay City. DOLE-X Regional Director Raymundo G. Agravante considers Career Coaching an essential program of DOLE in helping students decide what courses to take for college. DOLE-X BPFO Head Raul L. Valmores reported that the said students will be in their Senior High by next school year due to the K-12 program.

2014 ppi’S Best in ENVIRONMENTAL Reporting

Solon urges PH to join TPP ‘with reservations’ www.businessweekmindanao.com

C

Friday | November 13, 2015

P15.00

By BONG B. FABE, Contributing Editor

AGAYAN de Oro Representative Rufus Rodriguez urged the Aquino administration to pursue its ambition of joining the 12-nation Trans-Pacific Partnership to boost the Philippines’ development and progress.

If accepted, the Philippines will become the 13th nation to join the TPP, after the United States, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, Ne w Z e a l and, C ana d a , Mexico, Chile and Peru. Ro driguez, howe ver, expressed “reservations” about a provision in the Dispute Settlement chapter of the TPP, which appears to side with private companies against governments. Article 28:1(c) of the 19-page Dispute Settlement chapter (Chapter 28 of the TPP) states that the dispute settlement provisions shall apply “wherever a party considers that a benefit

it could reasonably have expected to accrue to it under Chapter 2 (National Tre at m e nt an d Mar ke t Access for Goods), Chapter 3 (Rules of Origin and Origin Procedures), Chapter 4 (Textiles and Apparel), Chapter 5 (Customs Administration and Trade Facilitation), Chapter 8 ( Te c h n i c a l B ar r i e r s t o Trade), Chapter 10 (CrossBorder Trade in Services) or Chapter 15 (Government Pro c u re me nt ) i s b e i ng nullified or impaired as a result of the application of a measure of another party that is not inconsistent with this Agreement.” tpp/PAGE 7

Residents of Brgy. San Vicente, Baungon, Bukidnon buy fish from mobile vendors on Friday , Nov. 6. mindanews photo by h. marcos c. mordeno

LGUs urged to come up adaptable methods to disaster-proof villages By ANTONIO L. COLINA IV, Mindanews

DAVAO City -- Mindanao stakeholders are encouraged to come up

with a better “plan, priority, and pr ac t i ce” i n te r ms of disaster-proofing the

communities to improve their adaptability to climate change and ensure food security. methods/PAGE 7

NGCP seeks help to secure towers By CRIS DIAZ Contributing Editor

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

OFFICIALS of the National Grid Corporation of the Philippines (NGCP) are seeking the assistance of the military to secure dozens of transmission towers in Mindanao. secure/PAGE 7

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


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