BusinessWeek Mindanao (October 25, 2013)

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MINDANAO DAILY NEWS SECOND SECTION

Friday - October 25, 2013

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Exporters urged to X X promote products Briefly

Market Indicators

As of 6:11 pm oct. 24, 2013 (Thursday)

FOREX

PHISIX

US$1 = P43.09

6,583.77 points

2 cents

51.34 points

Cable theft LOCAL law enforcers in Cagayan de Oro had arrested the alleged “brain” in the stealing of “telephone cable wires” who worked as a contractor for a local telecommunication company here, police said on Thursday. Senior Police Of ficer Dominador Datahan said that Raffie Jude Ranin of Barangay Macabalan has been an object of surveillance for the past months after reports that the suspect (s) was tagged as the “mastermind” behind a series of unsolved cable wire theft in the city. Datahan said that a composite surveillance team of various telecommunication companies spotted Ranin on Thursday mor ning together with t wo others on board a truck with plate number MDK 464 along the Bulua highways here.

M

By DANIELLE VENZ, Contributor

ORE exporters are encouraged to promote the competitiveness of Filipino-made products to the vibrant local market amid weaker global demand. L e onor Ab el la , v ic e president of Buy Pinoy Move me nt Fou nd at ion Inc. (BPMFI), said joining local trade exhibitions can help them sustain business operations while waiting for exports to recovery. Abella cited the ongoing

For Inquiries: Call or Text : (02) 577-3812 09178445981 Email: care@rejuvginseng.com Website: www.rejuvginseng.com

export products. We have a variety and new products from the regions,” she said. Abella described the trade fair as an example of a publicexporters/PAGE 23

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Davao Sur’s businessmen raise howl over outages DIGOS City -- The business sector here is worried the persisting power outage is already seriously affecting t he busi nesses i n t he province. “ It ’s t o o mu c h t o experience two to three times power interruption a day, and has also caused fear

among business owners. Net cafe opted to close down their businesses because it is no longer profitable and most of the computer units were damaged due to the brownouts,” Lyle Sept Raut, vice-president of the Mt. Apo Davao del raise/PAGE 23

three-month long “Paskong Paskong Pinoy Fair” held at the Department of Trade Indust r y (DTI) Ma k at i showroom as among the venues where t hey ca n showcase their products. “The idea is to show the Filipinos that we have quality

Halal equipment C O TA B AT O C i t y - - T h e Department of Trade and Industry in the Autonomous Region in Muslim Mindanao (DTI-ARMM) turned over on Wednesday P9.8 million worthof modern laboratory equipment to ARMM’s Regional Standards and Halal Testing Laboratory (RSHTL), the ARMM bureau of public information said. Run by ARMM’s Department of Science and Technology (DOST), the testing laboratory was put up in 2011 as part of the region’s plan to become the center of credible halal certification and the halal industry in the country. Myra Alih, DOST-ARMM secretary, said the testing lab is going to be initially manned by seven Muslim chemists who have undergone rigid training on halal laboratory procedures and testing, four of whom are set to take further training at the Halal Science Center in Cholalongkorn University in Bangkok, Thailand.

LIBA-LIBA FISHING. A liba-liba fishing boat docks at the Cantilan River in Surigao del Sur in this MindaNews file photo. Authorities have banned liba-liba, or Danish seine fishing method, because “it destroys coral reefs, sea grass beds and other fishery marine habitats.” But the practice continues in the Caraga Region.

Liba-liba fishing in Caraga continues despite ban By ROEL CATOTO, MindaNews

CANTILAN, Surigao del Sur – Despite the ban on Danish seine fishing, locally known as liba-liba, fishermen are still using the method in the waters of three provinces in the Caraga Region. This was observed by

the townsfolk in Cantilan, Surigao del Sur. Jun Yparaguirre, who hails from Isla General of this town, said that he sees everyday the operations of the liba-liba. fishing/PAGE 23

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