BusinessWeek Mindanao (October 18, 2013)

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MINDANAO DAILY NEWS SECOND SECTION

Friday - October 18, 2013

BusinessWeek MINDANAO

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Market Indicators

As of 6:12 pm Oct. 17, 2013 (Thursday)

FOREX

PHISIX

US$1 = P43.06

6,560.88 points

12 cents

X

77.31 points

X

Briefly Tagum port DAVAO City -- International Container Terminal Services, Inc. (ICTSI) is set to build a P4billion port in Madaum, Tagum City starting next year. “[The project] will start next year, but I am not sure if it will be built under the public-private partnership system,” Tagum City Mayor Ronnel L. Rellon said in a recent interview here. The proposed location is the 10.3-hectare private commercial por t in Barangay Madaum owned by Hijo International Port Services, Inc. Mr. Rellon said the Hijo port development plan shows the need for one-kilometer-wide warehouses, which in turn require a reclamation project that will also start next year. T h e ex i s t i n g t w o - l a n e Madaum-San Isidro highway is also set to be expanded to a four-lane highway to meet the port’s demands.

Beef sharing ZAMBOANGA City— The ICAD Foundation-administered FilipinoTurkish Tolerance School (FTTS) is sharing beef to the public, and to the less fortunate in line with the celebration Tuesday of the Eid al-Adha or the Feast of Sacrifice. The Integrated Center for Alternative Development (ICAD) Foundation, Incorporated is a private, nonprofit, non-stock organization established under the Securities Exchange Commission on April 16, 1996, and administers the FTTS, which was established the following year. FTTS Director Mehmet Biter said they slaughtered more than 300 cows, and the meat was given for free to identified beneficiaries for this year’s celebration.

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IN-DEPTH

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Six years after:

Better days for Sumilao farmers By WALTER I. BALANE, MindaNews

SUMILAO, Bukidnon -Leonora Lumala, 33, owns a portion of the 147 hectares (ha) of land obtained by the Sumilao farmers after their historic 1,700-kilometer “walk for land, walk for justice” to Manila in 2007. Every time the Panaw Su mi lao Mu lt i-Pu r pose Cooperative (PSMPC) holds a gathering since the land was awarded to them in 2008 after their gruelling protest walk a year earlier, the mother of six is among those assigned to cook for

members and guests. Hesitant at first as the dishes may not taste good, Lumala now beams with confidence, mastering how to cook pancit guisado, afritada, chopsuey and other viands for their guests and other cooperative members. For the farm tour and PSMPC board meeting on October 11 as part of their threed ay c elebr at ion of t he sixth anniversary of their 1,700-kilometer “walk for land, walk for justice,” she cooked fish in soy sauce and

vinegar that tasted like it is served in restaurants. “I’ve got use to cooking for guests. I think this is part of our new skills,” she said, adding their lives have generally improved although clarifying “that economically we are still tight.” For every cropping of their almost one hectare corn farm, Lumala said the family earns P70, 000 gross and pays half of it for farm inputs, the rest going to payments for loans made for their daily sustenance. “Even if we loan our daily farmers/PAGE 23

STRUGGLE FOR LAND. Six years ago, carrying squash on their women, farmer-women from Bukidnon, Davao del Oriental, Negros Island and Batangas reached Mendiola on their way to marching to Malacanang. The march was aimed to press President Aquino to pursue the Comprehensive Agrarian Reform Program with Extension and Reforms. file photo by jimmy domingo/ tfm mapalad

Power coops brace for full IMEM system By IRENE DAYO Reporter

P

O W E R d i s t r i butor s in Mindanao will be getting the assistance of t he Nationa l Electrification Administration (NEA) in preparing for the full commercial operations of the electricity trading system in Mindanao next month.

The Department of Energy (DOE), in its circular released on Wednesday, has directed NEA to “assist Mindanao power/PAGE 23

SHALLOW FISHING. Fishermen spread their net to trap a school of fish in the shallow waters of Initao in Misamis Oriental early morning Wednesday.

Mindanao Daily NEWS

mindanews photo by bobby timonera

DOE conducts consumer confab in Gingoog City

THE Department of EnergyM i nd a nao Field Of f ice (DOE-MFO) will spearhead the conduct of an energy forum today at Gingoog City in Misamis Oriental. Dubbed as the “Consumer Aw a r e n e s s F o r u m o n Energy Conservation and Downstream Oil Industry”, the activity will highlight discussions on the various e n e r g y e f f i c i e nc y a n d conservation programs of t he government a nd on the basic framework of the downstream oil industry, pa r t ic u la rly t he l iqu id petroleum products (LPP) and liquefied petroleum gas (LPG) industries. As the energy sector’s contribution in the celebration of the Consumer Month, the DOE-MFO has partnered with the Department of Trade and Industry (DTI) and the City of Gingoog in the conduct of this forum to confab/PAGE 23

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