BusinessWeek Mindanao (November 2-3, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 056

Market Indicators As of 6:20 pm October 30, 2015 (friday)

FOREX US$1 = P46.82

8

PHISIX

X Briefly

cents

X

7,134.26

54.99 points

Banana powder CARMEN, Davao del Norte -- A Cavendish banana producing company in Carmen received earlier today banana powder processing equipment from the Department of Trade and Industry (DTI). As part of the DTI’s Shared Service Facility program, Diamond Farm Agrarian Reform Beneficiaries Multipurpose Cooperative (DARBMUPCO) gained P1.87million worth of processing equipment. The facilities include banana chipper, mechanical dryer elevated solar drier with net cover and hammer mill with sifter.

ICC stickers BUTUAN City – The Department of Trade and Industry (DTI) Agusan del Norte provincial office urges the public to buy only Christmas lights/lighting chains bearing the appropriate Import Commodity Clearance (ICC) or Product Standard (PS) marks. “The presence of the ICC and PS marks will protect consumers from the hazards to life and safety of substantial products,” said provincial director Gay A. Tidalgo. According to director Tidalgo, consumers can validate the ICC stickers affixed on the product by checking the ICC certificates issued. Per issuance from the bureau of Philippine Standards dated October 9, 2015, valid ICC certificates are only those issued from January 2013 to present, Tidalgo added.

2014 ppi’S Best in ENVIRONMENTAL Reporting

M’danao contends with dark ‘Undas’ www.businessweekmindanao.com

Mon-Tue | November 2-3, 2015

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By MIKE BAÑOS, Editor-at-Large

INDANAO power consumers has to contend again with the long and agonizing brownouts over the weekend even as they head to the cemeteries for the observance of All Saints and All Souls Day. This after sab oteurs bombed two transmission towers of the state-owned power grid operator National Grip Corporation of the Philippines (NGCP) in Marawi City. The incident

exacerbated the island’s lack of power supply as power producer Steag State Power, Inc. already scheduled the preventive maintenance of its Unit 2 during the weekend. undas/PAGE 6

Private sector, DOT eye regulatory legislation Globe Telecom bares contenders for to address Airbnb Mindanao Media Excellence Awards THE private and public can now avail of through the Steag State Power, Inc.’s coal-power plant preventive maintenance has been exacerbated by the toppling of power lines in Lanao area which resulted to Mindanao’s long brown-outs over the weekend.

By MIKE BAÑOS, Editor-at-Large

A TOTAL of 58 entries were shortlisted for various categories of the Globe Media Excellence Awards (GMEA), the most anticipated premier award-giving body that gives

recognition to excellence in journalism in Mindanao. The premier award-giving body which recognizes excellence in journalism from the best breed of scribes in

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.

Visayas and Mindanao, the awards gives recognition to print, broadcast, and digital media practitioners who have excelled in their respective globe/PAGE 6

sectors of the hotel industry ag re e t h e re s h ou l d b e regulatory legislation to regulate the proliferation of non-hotel accommodations which visitors to the country

online booking websites such as Airbnb. Airbnb is a website for people to list, find, and rent lodging. It has over 1,500,000 listings in 34,000 cities and 190 countries. It allows travelers, especially those traveling on a limited budget, to book their accommodation online. T he issu e of u n f ai r competition from Airbnb hosts to accredited hotels and similar establishments was raised during the Mindanao Regional Meeting of the Tourism Congress Philippines dot/PAGE 7

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