BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 066
Market Indicators
As of 6:30 pm November 20, 2015 (friday)
FOREX
PHISIX
US$1 = P47.14
6,932.81
X
9 cents
X
107.43 points
Briefly Outstanding LGU THE National Nutrition Council (NNC) recognizes local government units (LGUs) in Northern Mindanao with exemplary performance in nutrition program management. Regional Nutrition Program Coordinator Marissa DM Navales said the Regional Nutrition Awarding Ceremony (RNAC) is the culmination of the yearly nutrition program Monitoring Evaluation of Local Level Plan Implementation (MELLPI) and Barangay Nutrition Scholar (BNS) evaluation. This year, some 32 barangays were given the regional green banner award and Camiguin was named as the outstanding province in the region, Gingoog LGU grabbed the outstanding city award, and Manolo Fortich, Bukidnon for the municipality level.
Poor households To ensure transparency and to correct errors in the list of poor households it generated, the Department of Social Welfare and Development (DSWD) continues to accommodate error issues filed by families and communities regarding the initial list of poor households posted in their barangays as part of the Department’s validation phase. The list of poor households is generated through the DSWD’s “Listahanan” or the National Household Targeting System for Poverty Reduction, which shall become the basis in identifying qualified beneficiaries for social protection programs and social services in the country. The list can also be used by other national government agencies, and providers of social protection programs and services.
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Program gets funding to raise cacao output www.businessweekmindanao.com
Monday | November 23, 2015
By CARMELITO Q. FRANCISCO, Correspondent
M
INDANAO’S Cacao Double-up program is getting a P160-million allocation for 2016 from the Department of Agriculture (DA), which will go mainly to farmers groups in identified priority areas. Undersecretary Janet M. Lopoz, executive director of the Mindanao Development Authority (MinDA), said farmers can soon start applying for a share of the fund intended to increase
cacao production, initially through intercropping in existing coconut farms. “For farmers groups to be able to access the money, their areas must be within the cacao/PAGE 11
Therma Marine directed to secure replacement power for Davao utility RIDING THE WAVE. A local surfer enjoys the barreling waves in Sitio Paradise in the village of Union in Dapa town, Siargao Island, Surigao del Norte on Friday, Nov. 20. mindanews photo by roel n . catoto
Lanao Norte wins ‘Gawad Kalasag’ By MARK FRANCISCO, Staff Writer
THE province of Lanao Del Norte won the “Gawad Kalasag” award in disaster risk reduction and management council
in Northern Mindanao, the Office of the Civil Defense (OCD) announced Saturday. Lanao Del Norte vested other provinces in Northern
Mindanao to earn a slot as the nominee representing Nor t her n Mind anao in the nationwide quest for “Gawad Kalasag” award this year. kalasag/PAGE 11
By MYRNA VELASCO, Contributor
AB OITIZ-owned firm Therma Marine, Inc. (TMI) has been mandated by the Energy Regulatory Commission (ERC) to take the obligation of procuring replacement power in case of supply insufficiency that must be delivered to its affiliate off-taker firm Davao Light and Power Company, Inc. The Commission noted
that securing replacement p ower must b e a f ir m commitment of the supplier power generator in their supplemental energy sales agreement (ESA) and shall not just be set as an option. The ESA is a renewal of their first bilateral contract that lapsed on August 25, 2014. The extended contract secure/PAGE 11
Dry spell affects rice production in N. Mindanao By JORIE C. VALCORZA Contributor
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THE Department of Agriculture reported an 11 percent drop in rice production here in Northern production/PAGE 11
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