BusinessWeek Mindanao (November 6, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 058

Market Indicators

As of 6:10 pm November 5, 2015 (thursday)

FOREX

PHISIX

US$1 = P46.93

7,122.45

0.17 cents

X

X

78.57 points

Briefly Power ‘interregnum’ ILIGAN City -- The city government here fell into an “interregnum” for the past days as Mayor Celso Regencia attempted to regain the mayoral post from an acting city mayor who refuses to step down. Regencia, whose suspension already expired last October 18, is trying to “remotely” exercise his executive powers while in jail over another case. The Department of Interior and Local Government (DILG) meted a 180-day suspension against Regencia six months ago over administrative charges filed by Vice Mayor Rudirec Marzo and members of the City Council for allegedly refusing to sign an ordinance approved by the local august body.

Financial literacy BUTUAN City -- Enthusiastic for their first organizational development training, some 50 members of Talacogon Overseas Filipino Workers and Dependent Association (TODA) actively participated in the Financial Literacy Seminar and Simple Business Plan Making carried out recently by Overseas Workers Welfare Administration (OWWA) Regional Welfare Office 13 in partnership with Atikha Overseas Workers and Communities Initiative Inc. (AOWCI). In her discussion on Financial Literacy, Christy Mae Espejon of AOWCI gave emphasis on the value and concept of saving, investment, and budgeting of OFW’s income. Espejon also facilitated several exercises to elaborate her discussion among the participants. Likewise, other topics during the seminar such as Migration Realities and Simple Business Plan Making were tackled by OWWA personnel.

www.businessweekmindanao.com

2014 ppi’S Best in ENVIRONMENTAL Reporting Friday | November 6, 2015

P15.00

Cebu developer launches Mesaverte project in Oro Y

OUNG professionals, start-up families and investors will soon have a better choice to settle in an accessible, convenient, exclusive and yet affordable place right at the heart of Cagayan de Oro City. This will be so as Cebu Landmasters, Inc. (CLI) will hold the grand launch of its latest project -- the Mesaverte Residences, a community of three midrise condominiums, today, Nov. 6, 2015.

Mesaverte Residences will be built in a prime ne i g hb orho o d b e t we e n Corrales and Osmeña Ext., parallel and in-between Claro M. Recto Ave. and Capitol University, announced Jose mesaverte/PAGE 11

M’danao Med Expo drums up positive ‘Ombud’ decision, ‘harsh and a healthcare market miscarriage of justice:’ Moreno MESAVERTE RESIDENCES. As shown in this architect’s perspective, a cluster of three mid-rise condominiums will rise in the heart of Cagayan de Oro. It is the first venture in the city of Cebu Landmasters, Inc. photo provided

By CHENG ORDONEZ, Executive Editor

By CRIS DIAZ, Contributing Editor

CAGAYAN de Oro City Mayor Oscar Moreno has described the Ombudsman’s

order dismissing him as City Mayor as “harsh and a miscarriage of justice.”

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.

The Office of the Ombudsman has issued a press release Thursday, dismissing Moreno and two moreno/PAGE 11

THE Misamis Or iental Medical Society (MOMS), Mindanao Daily News and BusinessWeek Mindanao, in cooperation with the Department of Health, play host to the 1st Mindanao

Medical Expo 2015, showcasing medical services and exhibition on hospital, diagnostic, pharmaceutical, medical and rehabilitation equipment and supplies. About 29 exhibitors have participated the event that started Nov. 3 and ends up yesterday, Nov. 5, at the activity center of the Ayala Mall Centrio in Cagayan de Oro City. MOMS president and overall chair Dr. Ferdie Miranda said the expo gives a boost to the healthcare industry in Region 10. Heldf for the first time in the region, the 1st Medical expo/PAGE 11

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