BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 66
Market Indicators
As of 6:30 pm nov. 6, 2014 (thursday)
FOREX
PHISIX
US$1 = P45.00
7,236.63 points
cents
X
27.82 points
X
3
X
Briefly Tourism plan BUTUAN City – Tourism stakeholders and partner government agencies will be participating in the consultation-workshop in the formulation of the Tourism Master Plan (TMP) on November 10-11, 2014 at the Social Hall, People’s Government Center in Cabadbaran City. “The City of Cabadbaran will be embarking on yet another essential undertaking of formulating its TMP in the aim of outlining development strategies for the tourism industry in the city,” bared Cabadbaran City Mayor Dale Corvera. TMP is a plan that would be a unified direction for the Province to further harness and sustain its vast tourism potential.
Market vendors THE Cagayan de Oro City Council committee on economic enterprises chaired by Councilor Dometilo Acenas is set to tackle the letter of the Carmen Integrated Market Vendors (CIMVA) expressing the plight of the 53 stallholders after UNITOP was constructed at the 2nd floor of Carmen Market in 2011. The 53 stallholders used to occupy the center aisle where the elevator was installed. They were relocated to the perimeter of the Carmen Market due to the improvements of the building, according to the association. CIMVA president Sireno “Dodo” Sabardan said the electrical connections of the stalls were disconnected last September 12, 2014 after they were informed that their operation along the perimeter of the market is illegal.
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Friday | November 7, 2014
ON BANGSAMORO ECONOMIC BLUEPRINT:
Short-term plan seen crucial to success: BDA D By BONG S. SARMIENTO MindaNews
Clean, sustainable energy in sought
THE Department of Energy (DOE), Mindanao Development Authority (MinDA), and the Association of Mindanao Rural Electric Cooperatives, Incorporated (AMRECO) put together a one-stop facilitation to fast track the process of monitoring and approval of Renewable Energ y (RE) projects particularly hydropower projects. R ome o Monteneg ro, Director for Investment Prom ot i on an d P u b l i c Affairs Office of Mindanao Development Authority (MinDA), said during the press conference of the 3rd Mindanao Congress o f t h e Ad v o c a t e s f o r Rene wable Energ y and Rural Electrification and Development (MinCARED) in Cagayan de Oro City recenty, that they have created the Mindanao Power Monitoring Committee to
FORUM FOR DEVELOPMENT. President Benigno Simeon Aquino III, MILF Chairman Ebrahim Murad and other participants of the Philippines Development Forum on Bangsamoro held at the SMX Convention Center in Davao City yesterday pose for a group shot. mindanews photo by gigi bueno
make sure RE projects in Mindanao will be fast tracked. He said that there are many challenges concerning (RE) projects applications and RE technologies. Location for a diesel or coal plant is easy meanwhile RE is site specific energy/PAGE 7
A V A O City -- The short-term implementation of the Bangsamoro Development Plan (BDP), which re quires a tota l funding of P225.6 billion, is crucial to the success of the new Bangsamoro region, a Moro development planner sai d on Thursday. bangsa/PAGE 6
BIMP-EAGA trade fair booked P2.9-B worth of products By CARMELITO Q. FRANCISCO, Correspondent
DAVAO City -- About P2.9 billion in booked sales were realized during a five-day international trade fair last week where member countries of the Brunei-IndonesiaMalaysia-Philippines-East ASEAN (Association of
Southeast Asian Nations) Growth Area (BIMP-Eaga) and the Indonesia-MalaysiaThailand Growth Triangle displayed their products. A press statement from the Mindanao Development Authority (MinDA) said
among the most ordered products during the fair were raw and processed food, textile, clothing, furniture and kitchenware. “Service products from agri-based companies and tourism also fared well during the event,” MinDA added. trade/PAGE 7
MisOr products showcased in Makati By LORAINE C. BRILLANTES, Contributor
RICE HARVEST. Harvesting rice in Sitio Malalag, Barangay Libertad in in Butuan City. mindanews photo by erwin mascarinas
THE Department of Trade and Industry (DTI) through the Bureau of Domestic Trade (BDT) proudly opens the Kahimunan at One Town One Product (OTOP) Store Makati which will showcase products from Misamis Oriental and the rest of Northern Mindanao. The store will formally o p e n o n T h u r s d a y, November 6, at 2:30 p.m. at BDT Showroom, Ground
Floor Trade and Industry Building, 361 Gil Puyat Avenue, Makati. The store will run from November 6-28, 2014, Mondays thru Saturdays, 9:00 a.m. to 7:00 p.m. DTI intends to promote local products and provide a chance for (Micro, Small, and Medium Enterprise) MSMEs to test the marketability of its products in Makati. It will be featuring
new and novel creations of local craftsmen. Of course popular local brands such as Vjandep, SLERS, Pines, Oroham, Darling, Chinos, Highland Fresh, SHAPPI, Puyo and others will add to colors to the show. It will be the best place to shop for Christmas Decors, Christmas Gifts and Noche Buena. The store are offering you products which have the best variety for corporate products/PAGE 7
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