BusinessWeek M I N DA N A O CREDIBLE
Volume X, No. 62
Market Indicators AS OF 6:00 PM OCT. 29, 2019 (TUESDAY)
FOREX US$1 = P 51.080
PHISIX 7,946.53
X X Briefly
5.50
24.03
cents
points
ASF scare THE HOG INDUSTRY is claiming lost revenue of about P10 billion two months after the emergence of African Swine Fever (ASF) on farms in Luzon, the Samahang Industriya ng Agrikultura (SINAG) said. SINAG also urged the government to charge the importers of two containers of allegedly infected meat products from China, which has been battling the virus for over a year now. The products were reported to be “misdeclared” and were seized at the Port of Manila. “The industry has lost P10 billion in the past two months,” SINAG said in a statement.
Sorghum DAVAO City – The Mindanao Development Authority (MinDA) has proposed the planting of sorghum in banana farms that have been affected by Fusarium wilt, also known as Panama disease, to provide an alternative income to farmers and allow the land to recover. MinDA Chair Emmanuel F. Piñol put forward the proposal to banana stakeholders last week in a forum held in Tagum City, Davao del Norte. “Planting sorghum does not require you to overhaul the terrain of your fields so it will be easier to grow, and these are guaranteed to grow in your fields with less maintenance,” Mr. Piñol said in a statement after the meeting.
We strive for Excellence!
Philippine Press Institute Civic Journalism Community Press awardee for the following: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting 2018 Best in Business and Economic Reporting
YOUR MINDANAO-WIDE BUSINESS PAPER
RELIABLE
IN-DEPTH
Biz leaders in trade mission to Manado Wednesday|October 30, 2019
www.businessweekmindanao.com
P15.00
Thank you for trusting us!
D
AVAO CITY -- A delegation of 20 businessmen from the different regions in Mindanao has embarked on a five-day trade mission in Manado, North Sulawesi, Indonesia spearheaded by the Mindanao Development Authority (MinDA), starting Monday (October 28) until November 1.
Heading the delegation is MinDA Secretary Emmanuel Piñol who expressed support to the sustainability
requirement of the newlyrevived Davao-Manado air connectivity serviced by TRADE/PAGE 11
MinDA backs sorghum to counter Panama disease By CARMELITO Q. FRANCISCO, Correspondent
SCARED. Office workers carry a woman on a stretcher who fainted after a quake hit Davao City yesterday morning (October 29). The magnitude 6.6 earthquake emanating from Tulunan in North Cotabato was felt as Intensity 6 in Davao City. mindanews photo by manman dejeto
6.6 quake jolts Mindanao: 2 killed
DAVAO City – The Mindanao Development Authority (MinDA) has proposed the planting of sorghum n banana farms that have been affected
by Fusarium wilt, also known as Panama disease, to provide an alternative income to farmers and allow the land SORGHUM/PAGE 11
By MINDANEWS
KORONADAL City -- Two persons were killed, while thousands of students and workers scampered for safety, a number of them suffering injuries when a magnitude 6.6 earthquake jolted parts
of Mindanao at 9:04 a.m. Tuesday, 13 days after a magnitude 6.3 quake also struck Mindanao, with epicenters both in Tulunan, North Cotabato. QUAKE/PAGE 11
Bambi, Juliette donate bags for shipment of SoKor trash By MARK FRANCISCO, Reporter
MISAMIS Oriental Gov. Yevgeny Vincente Emano and Rep. Juliette Uy donated a total of 5,000 tonner bags to be used to ship back the 5,000 tons of Verde Soko that are still stranded at
Phividec Industrial Estate compound in barangay Sta. Cruz, Tagoloan town. In a ceremony held Tuesday (October 29) at the Bureau of Customs (BOC) DONATE/PAGE 11
TONNER BAGS. Misamis Oriental provincial board member Gerardo Sabal III (center) ceremonially hands over to Bureau of Customs Collection District 10 head John Simon (right) a tonner bag to be used in packing the Verde Soko trash. Also in the picture are provincial board member Erick Khu (second from left) and deputy collector Marvin Mison (left). photo by ercel maandig
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776