BusinessWeek MINDANAO CREDIBLE
Volume VIII, No. 38
Market Indicators
As of 6:00 pm August 31, 2017 (thursday)
FOREX
PHISIX
US$1 = P51.166
7,958.57
0.7 cents
X
1.84 points
Briefly
X
Fight vs fake news PHILIPPINE Information Agency (PIA) Director General Harold Clavite on Saturday underscored the role of the youth in combatting the rise of fake news and misinformation. During a forum entitled “TAYO Talks: The Youth Project” held at Landbank Plaza in Manila, Clavite encouraged the youth to be more discerning and responsible in the use of social media, which is a common platform used to exacerbate the spread of fake news and hoaxes. The PIA chief also assured the public that his agency will double its efforts in protecting the community from the vicious cycle of misinformation. “In a world of confusion, especially in the Internet and social media, we need to step up as an organization to make sure our people are not misled by false information, fake news,” Clavite said.
Sustainable energy THE Department of Energy (DOE) conducted a joint planning workshop for the Supported Access to Sustainable Energy Program (ASEP) that would help the country expand its generation of sustainable energy to meet its growing economic needs and provide energy to its poor and marginalized sector. “The DOE is prioritizing the delivery of quality energy service to our people, not only in the business districts but also in the rural areas,” Energy Secretary Alfonso Cusi said in a news release issued Saturday. The planning workshop, conducted with the European Union (EU) and World Bank (WB) in Camp Punta Fuego in Nasugbu, Batangas from Aug. 30 to Sept. 1, reacquainted the participants with the organizational structure and implementation mechanism of ASEP and its components to improve inter-agency coordination and streamlining of the overall implementation process.
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Skills training seen to boost Davao tourism www.businessweekmindanao.com
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Monday | September 4, 2017
By CARMELITO Q. FRANCISCO, Correspondent
D
AVAO City — Companies involved in the Davao Region tourism industry signed a memorandum of agreement on Wednesday to strengthen the sector’s human resource pool by addressing gaps in the work force and expanding its skills.
EID AL-ADHA. Muslim residents coming from different parts of Davao City gather at a football field for a congregational prayer during the celebration of Eid al-Adha (Feast of Sacrifice) on Friday morning. mindanews photo
ERC grants Cotabato Light power supply deal with SMC THE Cotabato Light and Power Co.(CLPC) has been granted a provisional approval for a power supply contract with San Miguel Consolidated Power Corp. from the Energy Regulatory Commission (ERC). San Miguel Corp.’s unit has offered to supply 5,000 kilowatts to the distribution utility, which is to maintain a minimum hourly requirement of at least 40% of the contracted capacity for the duration of the deal. Un d e r t h e c o n t r a c t , t h e
Davao approves tax incentives to P12B projects
power generation company will supply power from its planned 300-megawatt (MW) circulating fluidized bed coal-fired thermal power plant in Barangay Culaman, Malita, Davao Occidental. The deal arose after Aboitizl e d C L P C proj e c te d a d e f icit of 6.2 MW between its supply portfolio and projected demand requirements from the filing of the application in 2016 up to 2020. It projected a peak deficit of 8MW by 2020. Power/PAGE 11
country in the first six months of the year, up 13% from the same period last year. Und e r t he Nat i on a l Tourism Development of the Philippines plan for 20162022, the government aims to create 1.5 million jobs in the industry, in addition to the current 5.2 million. Ms. Jimenez said the DoT has been given P100 million Training/PAGE 11
JOB FAIR. A headhunter interviews two hopefuls during the Higalaay job fair as organized by the city government Thursday at SM City Cagayan de Oro. photo by mark doña francisco, mindanao daily news
City blinks, delays 911 launch By MARK FRANCISCO, Staff Writer
By LILIAN MELLEJOR, PNA
DAVAO City – The Davao City Investment and Promotion Center (DCIPC) has granted incentive package to three big projects worth P12 billion. The three projects – a feedmill, low-cost housing, and a green project -- came in during the first quarter of this year. Also under review are four other projects worth P400 projects/PAGE 11
“It is the best time to do a spring cleaning,” Tourism Undersecretary Alma Rita R. Jimenez said at the signing ceremony held at the Marco Polo Davao Hotel, noting the increasing interest in the region among international travelers. Based on Department of Tourism (DoT) data, 3.36 million foreign arrivals were recorded for the entire
ENHANCING WEAVERS’ SKILLS. Remy Adedoja (left) owner of Remdavies Enterprises in Los Banos, Laguna, shares her expertise and demonstrates new techniques to enhance weavers’ skills in order to produce varied Water Hyacinth handicraft designs during DOST’s Product Development workshop participated by women’s group in Maramag, Bukidnon. (nova belle c. calotes/dost-pstc bukidnon)
AFTER much fanfare weeks leading to the supposed launch, it boiled down to a postponement. Cagayan de Oro City Disaster Risk Reduction and Management Department (CDRRMD) head Allan Porcadilla admitted on Friday that they still do not have a permit from the Department of Interior and Local Government (DILG) to use the 911 emergency line. But Porcadilla has given
assurance that all are already in place and the 12 call center operators have undergone training at Davao City’s Central 911 both in handling the new equipment and how to respond appropriately to callers, specifically the distressed ones. For the moment, the public is encouraged to dial the following numbers whenever an emergency or suspicious situation arises: (088) 853-9393 and (088) delays/PAGE 11
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