BusinessWeek MINDANAO
2013 ppi’S Best in Business and Economic Reporting
YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 053
Market Indicators As of 6:21 pm October 23, 2015 (friday)
FOREX US$1 = P46.44
20
PHISIX 7,236.38
X X Briefly
cents
118.60 points
Policy forum DAVAO City -- Environment groups and representatives from government agencies and agribusiness plantations will gather for a policy forum this October 27, 2015 at the Matina Episcopal Mission Center to discuss guidelines in adopting climate-mitigation standards in agri-plantations in Mindanao. “The current state of cultivated slopes in Mindanao has degraded with the unbridled expansion of plantation crops. With global warming and the extreme weather patterns that it brings, this situation may worsen because plantations are also vulnerable to climate change,” said IDIS executive director Ann Fuertes. The Interface Development Interventions (IDIS), Davao City Watershed Management Council (WMC), and the Davao City Water District (DCWD) is hosting the forum together with the Relief International- Enterprise Works Worldwide, Phils (RI-EWWP), a Cagayan de Oro-based environment consultancy group.
Investment plan MATI City -- The provincial government of Davao Oriental is confident that with the newly adopted Annual Investment Plan for 2016, it will be able to sustain and strengthen even more their award-winning good governance programs and projects. Governor Corazon Malanyaon has recently convened the Provincial Development Council which have deliberated, approved and adopted the Annual Investment Plan for 2016 to be funded under the twenty percent of the Local Government Development Fund (LGDF). She says that programs and projects to be funded under the LGDF will boost her administration’s five development agenda which are to defeat poverty, safeguard the environment, expand access to infrastructure, utilities and social services, sustaining public order and security and to strengthen effective governance.
2014 ppi’S Best in ENVIRONMENTAL Reporting
M’danao gets bulk of PRDP’s infra projects www.businessweekmindanao.com
Monday | October 26, 2015
P15.00
By CARMELITO Q. FRANCISCO, Correspondent
A
TOTAL of 190 infrastructure projects with a combined cost of P11.3 billion have been approved for implementation under the Philippine Rural Development Project (PRDP), with Mindanao cornering the bulk at P5.1 billion for 113 sub-projects. Luzon, on the other hand, has 52 sub-projects worth P4.3 billion, while the Visayas got the green light for 25 sub-projects at P1.932 billion, according to a statement issued last week, which also indicated the change in the
PRDP title to “project” from “program”. Consolacion E. Satorre, Mindanao deputy program director for the PRDP, said basic infrastructure facilities such as water systems and Infra/PAGE 11
Energy Camp for public school teachers, students mulled By MARK FRANCISCO, Staff Writer
MORE than 30 public schools here without electricity would undergo an extracurricular training on “energy conservation,” a company executive said Friday. Jeffrey O. Tarayao, the president of One Meralco Foundation, said that the public school teachers would come from both elementary
and high school division who would also be tasked to impart the training to students. Ta r a y a o s a i d t h a t the training would focus on subject about energy conservation where public school teachers would use the “old school class cards” camp/PAGE 11
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HAZY MORNING. The orange glow of the sun can still be seen at 6:00 Friday morning due to the atmospheric haze believed to have come from the forest fires in Sumatra, indonesia and is now blanketing the skyline of Cagayan de Oro and other cities in Mindanao. photo by bong d. fabe
Authorities issues advisory on Indon haze By BONG D. FABE, Contributing Editor
GOVERNMENT authorities has issued an advisory to citizens of Mindanao cities affected by the haze to be extra careful to avoid
unnecessary risks. The DOH urged the public to wear appropriate dust masks when going out and to refrain from physical
activities such as doing physical exercise in heavily polluted areas. “For elderly, children and those with respiratory-asthma, chronic obstructive pulmonary disease (COPD) and cardiovascular diseases, stay indoors with good ventilation,” it said. Health officials also advised everyone to “consult a doctor if there is difficulty in breathing, cough, chest pain, increased tearing of the eyes, and nose or throat irritation.” “Further, stay away from low-lying areas where smoke haze/PAGE 11
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