BusinessWeek Mindanao (October 30, 2015)

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BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 055

Market Indicators

As of 6:20 pm October 29, 2015 (thursday)

FOREX

PHISIX

US$1 = P46.90

7,189.25

X

14 cents

X

100.01 points

Briefly Liberalization AMONG the country’s gains as a member economy of Asia Pacific Economic Cooperation (APEC) are the benefits of trade liberalization pushed in the forum, said Department of Trade and Industry (DTI) Secretary Gregory L. Domingo. Domingo, during the Kapihan sa Manila Bay on Wednesday, mentioned that the lower cost of goods and better quality of goods were among the outcomes of a more open cross-border trade. Free and open trade and investment is one of the pillars of APEC to build a dynamic Asia Pacific region.

Galing Mason DAVAO City – Cement manufacturer Holcim Philippines hails the Grand Champion of the 2015 HolcimGaling Mason Awards from Davao. Ricky Pasco, a 39-yearold construction worker of the Makati Development Corporation (Davao) from Tagum, Davao del Norte, is this year’s Grand Champion of the HolcimGaling Mason Award. The first-time participant bested 19 other national finalists from various parts of the Philippines including four women masons.

2014 ppi’S Best in ENVIRONMENTAL Reporting

P15.00

Haze poses less danger www.businessweekmindanao.com

Friday | October 30, 2015

Cagayan de Oro dodges bullet in Indo forest fire haze

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By MIKE BAÑOS, Editor-at-Large

AGAYAN de Oro City just dodged a bullet, so to speak, when the recent intrusion of the forest fire haze from Indonesia proved relatively harmless.

Here’s the good news and the bad news: the particulate matter levels brought by the haze into the region was far above the danger thresholds

s e t by t h e h e a lt h an d environment departments; luckily, perhaps, because at present, the city doesn’t have haze/PAGE 7

BRACING FOR ‘UNDAS’. Flowershop attendants in Kidapawan City get busy arranging and segregating flowers as the All Saints’ Day and All Souls’ Day celebration approaches. Flowers cost 50 percent higher during this season. mindanews photo by geonarri solmerano

Civil society groups, PO’s to participate in budget process By MARK FRANCISCO, Staff Writer

REPRESENTATIVES of accredited civil society and people’s organizations in Northern Mindanao are scheduled to convene next week to join the government’s budget process, a senior official said Thursday. According to DILG 10 director Nilo Castañares,

the activity is necessary to fulfill a standing policy of the Aquino administration for “Bottom up Budgeting” (BUB) approach. Under the BuB approach, the Civil Society Organizations CSOs would convene to collectively budget/PAGE 7

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BusinessWeek Mindanao (October 30, 2015) by Mindanao Daily News - Issuu