Mindanao Daily NEWS northmin . westmin . caraga . davao Your Regional Mindanao-wide Community Newspaper
Volume III, No. 078
web portal: www.businessweekmindanao.com
See story P15.00 on Page 12 August 22, 2014
Friday
Davao Prosecutor recommends P200K bail for woman in trafficking case By Jessie L. Casalda of the PNA
DAVAO City––The woman facing violations of the Anti-Trafficking in Persons Act was asked by the City Prosecution Office here to post a P200,000
bail bond for her temporary liberty. The CPO through assistant city prosecutor Panf ilo Junior Lovitos found sufficient grounds to hold Charity Clemente Sayre, 19, for trial in court for violation of Republic
Act 9208 or Anti-Trafficking in Persons Act. Sayre, a resident of B an kerohan, t his cit y, was accused of offering a 19-year-old girl to a man looking for an immediate satisfaction of his lust. Against her will, the
victim said she was offered for P500 to a customer who was reportedly waiting on R. Castillo Street, Davao City on July 18, 2014. The victim sought the assistance of a concerned citizen who then brought
her to the Women and Children’s Desk at the San Pedro Police Station. At first, the police operatives had designed an entrapment operation against Sayre but the transaction was later cancelled. The victim and Sayre
e n d e d up w a it i n g f or customers along San Pedro Street, which gave a chance to the police to carry out the entrapment operation that resulted in the arrest of Sayre. A report from the Philippine News Agency
Davao Oriental in rehabilitation stage
D Two children clean their work site at the quarantine station in Lorega, Kitaotao, Bukidnon where they sell decorative items made of a native material called ilun. MindaNews photo by H. Marcos C. Mordeno
News In Focus Growth of revenues from individual income tax faster than corporate income tax IN the last four years, n For the 2015 revenues from individual national budget, income taxes are growing more rapidly than cor- the government porate income taxes, ac- might continue cording to research group to source revIBON Foundation. This proves further the exclu- enues from indisionary brand of economic rect taxes, which policies under the Aquino disproportionatey administration, the re- burdens low-insearch group added. From 2010 to 2013, the come and middleaverage growth of indi- income Filipinos vidual income taxes is 18% compared to only 13.3% 18.7% compared to corpofor corporate income taxes. rate income taxes of 12.9 Moreover in 2013, the percent, it said. share of individual income Revenues from taxes See tax, page A7 taxes to total revenues is
ava o Oriental is making headway in rebuilding communities devastated by Typhoon Pablo in December 2012, Governor C o r a z o n Malanyaon said on Wednesday. See full story, page A2
Draft of BBL submitted to Palace--Deles By Lilybeth G. Ison of the PNA
Presidential Peace Process Secretary Teresita “Ging” Deles confirmed on Thursday that the draft Bangsamoro Basic Law has been submitted to Malacanang by the Moro Islamic Liberation Front (MILF). “As agreed upon by the parties (Philippine See palace, page A7
Elementary pupils practice on Thursday for the coming street parade on August 28 in celebration of the Cagayan de Oro City fiesta. Several school delegations are participating in this year’s festivities especially in the competitions for best street dancing, a core event of Higalaay Festival 2014. Photo by Gerry Lee Gorit
Oro police tighten security after Cotabato bomb blast By GERRY LEE GORIT Correspondent
CAGAYAN de Oro City––Tuesday’s bomb explosion at the city plaza in Cotabato City has triggered a tightening of security measures in Cagayan de Oro City. Chief Insp. Lemuel Gonda, chief for operations and planning of the Cagayan de Oro City Police Office, said the blast in
‘Lemon Law’ levels up quality and CS, auto bills to raise PH competitiveness
THE Republic Act (RA) 10642 or “An Act Strengthening Consumer Protection in the Purchase of Brand New Motor Vehicles” signed last July 15, 2014 by President Benigno Aquino III is expected to raise the level of vehicle quality, as well as
improve after sales service to customers. Issuance of the implementing rules and regulations (IRR) is expected within 90 days from the effectivity of this Act. The signing of RA 10642 or the Philippine Lemon Law comes at a very oppor-
tune time when the Philippines is experiencing rapid motorization. For the first six months of 2014 alone, vehicle sales soared by 24.9%, recording 108,957 units as compared to the same period last year to 87,228 units. With the continuing sound
economic fundamentals and increasing purchasing power of consumers, vehicle sales growth is expected to further gain momentum. RA 10642 is primarily a law to protect consumers who invested See lemon, page A7
southern Mindanao sounded alarm bells in northern Mindanao as five persons were injured. Gonda said the company commanders of the police precincts around the city have leveled up the alert status of their personnel especially in public places. He added that the security measures for the fiesta activities of the city will See blast, page A7
Vocational training must address unemployment By CRIS DIAZ Executive Editor
CAGAYAN de Oro City––A lawmaker from Cagayan De Oro City urged the government to adopt a national standard measures that would ensure that the “dual vocational” training
could address the problem of unemployment in the country. The latest SWS survey has shown that about 12 million Filipinos in the country are unemployed and the government has been adopting See training, page A7
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