BusinessWeek MINDANAO
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YOUR Mindanao-wide BUSINESS paper
Volume VI, No. 046
Market Indicators
As of 5:58 pm October 8, 2015 (thursday)
FOREX
PHISIX
US$1 = P46.11
7, 108.80
3
X X Briefly
cents
53.31 points
Surigao airport THE DEPARTMENT of Transportation and Communications (DoTC) is spending P4.71 million to hire a consultant that will assess the environmental impact of the development works at the Surigao Airport. “The DoTC now calls for the submission of eligibility documents for the conduct of an Environmental Impact Assessment Study...,” the agency said in a request for expressions of interest posted on its Web site. Interested consultants must submit their eligibility documents by Oct. 13. The agency will draw up a short list, with 50% of the score based on the “applicable experience” of the firm, 30% on the qualification of key personnel, and 20% on the current work load.
Micro-enterprise SURIGAO City -- The provincial office of the Department of Trade and Industry (DTI) here has released recently a total of P2 million to the municipality of Dapa under the Bottoms Up Budgeting (BUB) Project. Among the beneficiaries of the said project are the seven sub-projects under the Rural Micro-Enterprise Development (RUMEPP) Program previously assisted by DTI in selected barangays of the said municipality. These projects are managed by the different organizations like women, youth, farmers, and even senior citizens. These micro-enterprise and alternative livelihood projects are expected to significantly increase family income and eventually reduce poverty incidence in rural communities.
2014 ppi’S Best in ENVIRONMENTAL Reporting
P15.00
M’nao set as BIMP-Eaga investment destination www.businessweekmindanao.com
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Thu-Fri | October 8-9, 2015
By Antonio L. Colina IV, MindaNews
AVAO City — Mindanao has a potential of becoming an investment destination, a top official of the Brunei, Darussalam-Indonesia, Malaysia, Philippines East Asean Growth Area (BIMPEAGA) Trade and Investment Cluster said. In an interview during the launch of the Department of Trade and Industry 11’s onestop facility Ecofusion at the Abreeza of the Ayala Malls on Tuesday, Caybo Purnomo, acting chair of the BIMPEAGA Trade and Investment Cluster, specifically cited
New Mindanao solar projects to generate 500-mw
tourism, processing, and agriculture as investment areas that can be marketed to other parts of the economic sub-region. Purnomo, a member of Indonesia’s B oard of Invest ments, s aid t he y investment/PAGE 11
THEY DELIVER. Habal-habal or single motorbikes remain the most commonly used mode of transport in Montevista, Compostela Valley. mindanews photo by h . marcos c . mordeno
Solo parent declared ‘Huwaran’ By ARIEL C. SEBELLINO, Contributor
A FAMILY from Barangay Salbang, Paoay, Ilocos Norte, led by solo parent-father Conrado Achuela is this year’s grand winner of the Search for Huwarang Pantawid Pamilyang Pilipino. This is the second time that a solo
By CARMELITO Q. FRANCISCO Correspondent
MINDANAO could have access to about 500 megawatts (MW) of solar power if all 31 projects now pending are approved and implemented, data from the Mindanao Development Authority (MinDA) and the Department of Energy (DoE) showed. As of Aug. 31, the DoE has given the green light to 22 of the projects while the rest are still undergoing assessment. Based on the data, nine of the approved projects are solar/PAGE 11
parent won the grand prize. “Hindi po ito gamot sa kahirapan, tulong po ito para makatawid sa hirap,” he said in reference to the conditional cash transfer (CCT). Speaking one-liners huwaran/PAGE 11
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