BusinessWeek Mindanao (November 6, 2013)

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INSIDE LOOK

‘High production cost hampers local dairy output’ Agri-Business

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Lafarge signs power supply contract with Trans-Asia Coporate World

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Normin’s top schools to square off in 9th Steag Energy Quiz

BPI net income rises 19% as of Q3 Banking & Finance

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Briefly Energy quiz SOME 50 private and public high schools in Northern Mindanao will compete in the 9th Steag Energy Quiz on November 22 at the Limketkai Activity Center, Cagayan de Oro City. According to Steag State Power Inc. Communications Head Jerome R. Soldevilla, the annual activity is considered as one of the most awaited high school competitions in the region where knowledge and understanding of high school students about the science of energy will be put to a competitive test. He added that over the years, Steag has organized the event to promote among high school students a special interest in energy, at the same time inspire them to achieve academic excellence in science and technology.

Pyrotechnics RETAILERS selling at least 50kg firecrackers and 500kg finished pyrotechnics products must submit to fireworks safety training seminar over other requirements in securing a permit. “We can confiscate the items if they can’t show us the original copy of the certificate,” says PSupt. Aaron Mandia, Police Regional Office 10 (PRO-10) Firearms and Explosives chief during the recent Regional Task Force on Illegal Firecrackers meeting. The certificates should bear the signatures of President of the Philippine P yrotechnics Manufac turer s and Dealer s As so c iation In c. (PPMDAI), National Director of the Civil Security Group, chief of the Firearms and Explosives Office and the Explosive Management Division. Photocopied certificates will not be honored, and the same also applies with the transport permits.

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Wednesday - November 6, 2013

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IN-DEPTH

Chinese group wins bid to rehab Agus 4 plant A

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By GRACE BEBER, Reporter

CONSORTIUM between the Chinabased Gua ng x i Hyd roelec t r ic Construction Bureau and Colorado’s ITP Construction Inc. has won the bid to rehabilitate the ailing Agus 4 hydroelectric facility, Mindanao’s main source of hydro power, during an auction held last week, the state-owned Power Sector Assets and Liabilities Management Corp. (PSALM) announced yesterday.

Ain a statement, PSALM Bids and Awards Committee Chairman Manuel Marcos M. Villalon II, said the Guangxi Hydroelectric has submitted the lowest bid of P1.59 billion to uprate the two units of the Agus 4 complex. “Using non-discretionary criteria prescribed under the procurement law, Guangxi Hydroelectric submitted the lowest offer, which can agus/PAGE 23

Agus 4 Complex.

20-MW solar facility set for Zambo ecozone Z A M B OA N G A C I T Y — Enf i nit y Phi lippi nes Technology Services, Inc. has formally proposed to the city government its plan to build next year a 20-megawatt (MW) solar power facility in the economic zone here and Mayor Ma. Isabelle Climaco-Salazar is endorsing the project, an official of the zone said recently.

Christopher Lawrence S. Arnuco, chairman of the Zamboanga City Special Economic Zone and Freeport Authority, said the project is a positive development in the wa ke of negative events like the Zamboanga standoff between forces of government and a renegate Moro rebel group and floods solar/PAGE 23

Davao eyes automating collection to curb corruption By MindaNews

DAVAO City – Computerizing records at the city’s revenuegenerating agencies may be one way to prevent corruption in these offices, an official said. I n a n i nt e r v i e w, Cit y C ou nc i lor Da n i lo

Dayanghirang, chair of the committee on finance said the City Information and Technology Center (CITC) has suggested allotting part of the 2014 budget to the centralization of collection Corruption/PAGE 23

PINEAPPLES. A plantation worker loads fresh pineapples to the conveyor of the harvesting machine at the Davao Agricultural Ventures Corporation (Davco) farm in Calinan, Davao City. Pineapple remains as Mindanao top fruit export. mindanews photo by keith bacongco

Bananas for Russians and Americans? By AURELIO A. PENA, Philippine News Agency

DAVAO City -- You may not have heard of this yet, but Philippine banana exports are expected to hit P74 billion

Mindanao Daily NEWS

when both the United States and Russia start importing fresh Cavendish bananas regularly from this country

sometime next year. The key word here is “regularly” because we still don’t know how the first trial shipment of bananas Bananas/PAGE 23

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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