Mindanao Daily (January 17, 2020)

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MINDANAO DAILY TRUTH. JUSTICE. PROGRESS.

S ince

Volume IX, No. 194

www.mindanaodailynews.com

1923

P15.00

Friday, January 17, 2020

Emano orders probe of ‘oil spill’ off MisOr shorelines M

By CRIS DIAZ, Executive Editor

ISAMIS ORIENTAL: Provincial Governor Yevgeny Vincente Emano ordered a probe about alleged “oil spill” off the shorelines of Misamis Oriental.

The alleged oil spill took place in the shorelines of Jasaan, a coastal town, west of Misamis Oriental, where a “fish kill” involving thousands of milk fish fingerlings were reported. Provincial Board Member Gerardo Sabal, chair of the provincial committee on the environment, said that in response to Emano\s directive, a committee hearHundreds of devotees gather at the Holy Infant Jesus of Prague chapel in celebration ing is scheduled for Jan. 22, of the feast of Sto. Niño in Shrine Hills, Matina, Davao City on Wednesday (15 January 2020. 2020).

He said that initial reports reaching the provincial board committee were conflicting because the shorelines were not blackened, which normally

takes place in an oil spill. Sabal said that the fishermen and residents reported of “white bubbles” were observed in the stretch of Jasaan’s shorelines. He said that fish cage owners complained that thousands of fingerlings were killed because of the “white bubbles.” Sabal said that the committee has invited various stakeholders, including the See SPILL, page 11

mindanews photo

Backbase debuts ‘Backbase-as-a-Service’ to help banks innovate at scale, remove infrastructure hurdles

DIGITAL banking software provider, Backbase, has today announced the launch of its next generation Backbase-as-a-Service. This managed cloud platform service covers Backbase’s entire portfolio of banking products, helping banks to innovate with speed whilst reducing their costly operational hurdles. At present, banks face a twofold threat; both from more technologically capable neo-bank competitors and, more recently, from the expansion of big tech

into banking. In this new digital environment, agility and fast time to market is key. In Asia Pacific, the heterogeneity of financial inclusion is particularly striking between countries and ranges from those that are at the cutting edge of financial technology to others that are aiming to provide access to basic financial services, according to findings from the International Monetary Fund. While some countries in

See BACKBASE, page 11

The Mindanao Railway project begins with the first segment, TDD for Tagum City in Davao del Norte, Davao City and Digos in Davao del Sur. courtesy of www.build.gov.ph

It’s single-track, diesel-run railway for Tagum, Davao, Digos By MINDANEWS

DAVAO City – The government will build a singletrack diesel-run railway instead of a modern dualtrack electricity-powered one for the first 102-kilometer portion of the Mindanao Railway Project, Mindanao Development Authority (MinDA) Assistant Secretary Romeo Montenegro said.

The segment, to be funded mainly by China, spans the cities of Tagum, Davao and Digos. Montenegro told reporters Wednesday that the P81.9-billion railway project was among the major infrastructure projects that were up for implementation after the National See RAILWAY, page 11


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