BusinessWeek MINDANAO CREDIBLE
Volume VIII, No. 41
Market Indicators
As of 6:00 pm September 8, 2017 (friday)
FOREX
PHISIX
US$1 = P50.763
8,022.75
26
X Briefly
cents
0.23
X
points
Contractualization bill THE Employers Confederation of the Philippines (ECOP) has expressed anew concerns over certain provisions in 25 pending House of Representatives bills tackling the issues of contractualization and workers’ security of tenure. The ECOP Technical Working Committee met August 17 to further firm up the association’s position over “questionable or objectionable prescriptions” in some of these House bills pending deliberation before the House Committee on Labor and Employment. ECOP said it is currently drafting an “employer’s version” of the bill on contractualization and security of tenure to be submitted to the committee upon the request earlier of committee chair Rep. Randolph Ting. The organization has listed at least 10 provisions contained in these bills that it claimed contradict “fundamental legal principles governing these two issues.”
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Monday | September 11, 2017
Banana players to hasten roadmap for development D By ANTONIO L. COLINA IV, MindaNews
AVAO City -- Banana players in the Davao Region have yet to finish the new draft of the proposed Banana Industry Development Act (BIDA) that will pave the way for the creation of a council that will oversee the growth of the industry.
Philippine Exporters Confederation, Inc. (PHILEXPORT) 11 executive director Marizon Loreto said they are in the process of
harmonizing the “comments” of the different banana players on some provisions of the proposed measure that was presented during the
Shortage of construction workers in Davao noted
Banana Congress October 6-8 last year. She said they will tackle the new draft in this year’s Banana Congress slated October 12-13at the SMX Convention Center Davao. Once passed, Loreto said it will establish the Banana D e v e l opm e nt In du s t r y Council (BIDC), a body “that will oversee the affairs of the whole banana industry sectors.” She said the council will also be platform for advocacy, hasten/PAGE 11
The Duterte administration is intensifying efforts to enliven Mindanao’s banana industry. mindanews file photo
By ANTONIO L. COLINA IV, MindaNews
DAVAO C i t y – Maj o r construction players said there is a shortage of workers in the real estate industry in Davao City, following an aggressive expansion of major firms here. D av a o C onst r u c tors Association Center Inc.
(DCACI) president Michael U. Te told a business forum on Tuesday that the demand for workers has been showing an uptick, largely due to booming p r o p e r t y d e v e l o p m e nt projects and to the Duterte administration’s ambitious shortage/PAGE 11
Metro CdO CAGAYAN de Oro city legislators are moving to fast track the development of the city as a metropolis. During its regular session last week headed by Vice Mayor Raineir Joaquin V. Uy, the City Council adopted a resolution urging the National Economic and Development Authority (NEDA) Region 10 and Regional Development Council (RDC) to spearhead the initiative for the establishment of Metropolitan Cagayan de Oro. The resolution was filed by Councilor Ian Mark Nacaya, chair of the committee on planning and development. According to the councilor, he personally visited the office of NEDA Regional Director Leon Dacanay and discussed with some technical and planning division personnel the announcement of President Duterte that Cagayan de Oro will be the 4th metropolitan center in the country, following the ranks of Metro Manila, Metro Cebu, and Metro Davao.
PIECING A HOUSE. Female students of the newly built madrasah in the Toril compound, a home-based evacuation center in Iligan City that houses families displaced by the Marawi crisis, try to piece together the Torogan 3D Architecture Puzzle. Other students look on in amazement when the house was formed. The puzzle solving activity was part of the two-event organized by Peace in Our Hearts, Ranaw Foundation, and the Institute of Peace and Development in Mindanao as part of their psychosocial services given to the children traumatized by the battle in Marawi. mindanews photo by jean claire dy
PROUD WINNERS. The winners of the Rusi motorcycles proudly rode on their newly-owned bikes during the picture taking with Gov. Adolph Edward Plaza, ASELCO board president Cora Cullantes, ASELCO General Manager Emmanuel Galarse and ASELCO board of directors. chris v. panganiban
Guv gives away motorbikes to ASELCO raffle winners By CHRIS V. PANGANIBAN, Contributing Editor
SAN FRANCISCO, Agusan del Sur--- Gov. Adolph Edward Plaza over the weekend handed down at least 14 motorcycles to the winners of the raffle draw of the Annual General Membership
Assembly (AGMA) of Agusan del Sur Electric Cooperative, Inc. (ASELCO) held last May 13, 2017. The governor personally atte nd e d t he aw ard i ng raffle/PAGE 11
ERC approves P52-B VisMin grid interconnection project By MYRNA M. VELASCO, Contributor
A PROVISIONAL approval has been granted by the Energy Regulator y Commission (ERC) on the implementation
of t he P 5 1 . 6 9 6 - bi l l i on Visayas-Mindanao (VisMin) power grid interconnection project of the National
Grid Corporation of the Philippines. The power grids will be linked with converter stations via Sibonga in Cebu grid/PAGE 11
Sell goods and get delisted, DSWD warns evacuees By MARK FRANCISCO, Staff Writer
THE Department of Social Welfare and Development (DSWD) has issued a warning
to Marawi evacuees that if they’re found selling the goods handed out to them by
the government, they could be removed or delisted from the rooster of beneficiaries. DSWD-10 regional delisted/PAGE 11
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