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Volume IV, No. 040 web portal: www.mindanaodailynews.com
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July 5, 2015
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Northern Mindanao top 5 in investments in PH – BOI By Jasper Marie Oblina-Rucat
CAGAYAN de Oro City -- With combined investments from 2010 to 2014 of P123,321 Billion, Northern Mindanao sits fifth place in the Department of Trade and Industry (DTI) – Board of Investments’ (BOI) investment commitment per region in the country. During the BOI Investment Roadshow in Cagayan de Oro City on 2 July 2015, Director Nestor Arcansalin, of the Resource Based Service of BOI said that region 10 has more incentives since it also has more investments. Industries in the region that helped the economy include accommodation and food service, administrative and support service, agriculture, forestry and fishing, electricity, gas, steam and aircon, information and communication, manufacturing, real estate
activities and transportation and storage. Meanwhile, major products in region 10 include coal-fired power plants by GNPower Kauswagan, FDC Misamis Power, Minergy Coal Corporation; also Hydropower plants such as Hedcor Bukidnon, First Gen Mindanao and Mindanao Energy Systems and Solar power plant by Asian Greenergy. Mass housing by Filinvest Land, Hotel by Limketkai Hotel and Resort and Animal Feeds Plant by CAS5 See investments, page A11
BFP submits report on Oro’s fire hydrants CAGAYAN de Oro City -Out of over 400 fire hydrants in the city, the Cagayan de Oro Fire District (COFD) and the Cagayan de Oro Water District (COWD) were able to jointly inspect 179 fire hydrants. This according to District Fire Marshall SSupt Shirley S. Teleron of the Bureau of Fire Protection (BFP). In her report to the City Council committee on police fire and public safety chaired by Councilor Ramon Tabor, SSupt. Teleron cited that out of the 179 fire hydrants inspected, only 169 are operational and six were condemned.
It may be recalled that the committee earlier invited the COFD and COWD for discussions on the matter in the wake of the fire incidents that have occured in the city. Councilor Tabor said the status of the fire hydrants must be known. The committee, likewise, tackled measures to boost the firefighting capabilities of the COFD and the request of barangays for water distribution from firetrucks, among others. SERVICEABLE According to the BFP official, at Fire Station 1, which covers 35 urban barangays
Congressman Rufus B. Rodriguez leads the capsule laying for the construction of the Sayre Highway By-Pass Road, Carmen-Puerto Section (climbing lanes) worth P60 million. This project will provide an alternative route in case of road blockage at Sayre Highway. Its strategic location also gives way for vehicles from Butuan and Misamis Oriental to access Sayre Highway through this road minimizing traffic congestion at the “bottle-neck” BCIR-Sayre Highway intersection below the Puerto flyover. Together with Cong. Rodriguez were City Admin Atty. Roy Raagas, City Councilors Candy Darimbang, Roger Abaday and Bong Lao, Barangay Kagawads Lolita L. Wahing, and Josephine E. Dua.
Solons say BBL the country’s best chance for peace in M’nao By ALEX D. LOPEZ
COTABATO City -- Members of the House of Representatives again reiterated their support to the passage of the Bangsamoro Basic Law (BBL) and has vowed
to stand for its enactment in the resumption of the deliberations this July. “BBL does not violate any provision in the Constitution and it is the country’s best chance for peace in Southern Mindanao,” said
Cagayan de Oro 2nd District Representative Rufus Rodriguez, a constitutionalist and former dean of the San Beda College of Law. “Our committee has made sure that the BBL, See chance, page A11
See report, page A11
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As a lined-up activity for this year’s celebration of the National Disaster Consciousness Month (NDCM) RDRRMC-10 conducts on July 2-3 a DRRM Seminar for the youth. (OCD/PIA10)
photo supplied
DepEd and partners boost financial literacy of out-of-school youth enrolled under Abot-Alam program The Department of Education (DepEd), National Youth Commission (NYC), BPI-Globe BanKO, and Youth at Venture are helping increase the financial literacy of out-of-school youth enrolled under the AbotAlam program, which aims to provide registered out-of-school youth with opportunities in education, employment, and entrepreneurship. The partnership aims to mainstream financial inclusion in the AbotAlam program by providing financial literacy sessions and seminars to groups of Abot-Alam beneficiaries organized by DepEd’s local Abot-Alam coordinators. Abot-Alam beneficiaries enrolled under the entrepreneurship See literacy, page A11