BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 62
Market Indicators
As of 5:56 pm oct. 28, 2014 (Tuesday)
FOREX
PHISIX
US$1 = P44.77
7,103.54 points
X Briefly
X
3 cents
no change
Medical tie-up OZAMIZ City -- The tie-up between St. Luke’s Medical Center (MC) based in Manila and Misamis University Medical Center (MUMC), here, is seen to benefit not only the Misamisnons, but the nearby areas, as well. This means that patients from Misamis Occidental and the neighboring provinces need not go to Manila or Cebu for professional medical consultations/help, thereby, saving their time and effort and reducing their expenses for their health care. This advantage was pointed out by Dr. Karen Belina FelicianoDe Leon, MUMC medical director, who signed the memorandum of agreement for MUMC to put up a Corporate Office for St. Luke’s MC, a leading Health Care Provider in Manila.
Child protection MEMBERS of the Regional Law Enforcement Coordinating Committee (RLECC) in region 10 have unanimously approved a resolution on the protection of children or minors in northern Mindanao. The resolution adopted on October 15, 2014 stipulates that all business establishments, more particularly but not necessarily limited to those engaged in the accommodation such as hotels, resorts, inns, motels, pension houses, apartelles, lodging houses, homestay, or other similar establishments such as restaurants, shopping malls, transport (air, land, and sea), travel and tours, health and wellness (spa/sauna/massage parlors), and entertainment facilities shall be required to monitor, record, and report to a monitoring body and/or law enforcement agency, which shall be created and/or tasked for such purpose, the movement of foreign or domestic (local) national within their areas of business located within the region who shall bring with them as companion children or minor/s not related within the 4th degree of consanguinity or affinity. Following the provisions of Republic Act 7610 otherwise known as the “Special Protection of Children Against Abuse, Exploitation and Discrimination Act,” the resolution seeks to foster the welfare of the youth and ensures the prevention of the youngster’s exploitation and abuse.
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Tue-Wed | October 28-29, 2014
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Bimp-Eaga seeks funds for agri-business plan By CARMELITO Q. FRANCISCO, Correspondent
T
HE agribusiness cluster of the BruneiIndonesia-Malaysia-Philippines-East ASEAN (Association of Southeast Asian Nations) Growth Area (Bimp-Eaga) is now seeking funding from various financial institutions for the feasibility study and implementation of a food and agribusiness corridor in the sub-region.
Oscar O. Parawan, cluster head for the Philippines, said the plan is to make the sub-region a major food producing area for local trading and export. He ad d e d, howe ve r, that enhanced cargo transportation links will first have to be established within the area for this plan funds/PAGE 7
CONCERN ON BBL. South Cotabato Gov. Daisy AvanceFuentes airs her concern on the proposed Bangsamoro Basic Law during the consultation and public hearing in Koronadal City. MindaNews Photo
Rufus to IPs in Bangsamoro:
‘Do not worry, IPRA will be applicable’ (First of a Series) By CAROLYN O. ARGUILLAS, MindaNews
U P I , Ma g u i n d a n a o — The chair of the House of Representatives’ Ad Hoc Committee on the Bangsamoro Basic Law (AHCBBL) has assured residents of this predominantly Lumad town that what the Indigenous Peoples Rights Act (IPRA) has given them will not be diminished but will instead be enhanced in the future Bangsamoro. “It will be IPRA plus plus plus,” Cagayan de Oro Rep. Rufus Rodriguez, chair of the 75-member AHCBBL told a crowd of about 400 at the Upi School Gym during the public hearing on October 22, the
first out of town hearing on what is now House Bill 4994. “Do not worry. IPRA will be applicable (in the Bangsamoro). It is applicable now, it is applicable in the future, Rodriguez said, to the delight of IP groups pushing for the specific mention of RA 8371 or IPRA in the BBL. HB 4994 does not specifically mention IPRA but both government (GPH) and the Moro Islamic Liberation Front (MILF) claim it provides for all the rights guaranteed under IPRA, a national law passed on October 29, 1997 but not implemented in the IP ipra/PAGE 7
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