MINDANAO DAILY The Purveyor of Truth, Justice and Development
S ince
Volume IX, No. 052
www.mindanaodailynews.com
Thursday, July 18, 2019
1923
P15.00
MYBL launched in Oro THE first-ever MVPSF Youth Basketball League (MYBL) was launched last July 13 in Cagayan de Oro City at the Corpus Christi Gymnasium. Thirty one teams from different schools of Cagayan de Oro, Bukidnon, Iligan, and Misamis Oriental are competing in the MYBL’s three categories: 12-under, 15-under, and 18-under category. Mayor Oscar S. Moreno expressed his joy and gratitude to the private groups
and government organizations which brought this initiative to the city to show support to the youth in the field of sports. The league was made possible through the collaborative efforts of Manny V. Pangilinan Sports Foundation (MVPSF), Samahang Basketbol ng Pilipinas (SBP), Local Government of Cagayan de Oro City, Cebu Landmasters, Inc., Smart Communications, Inc., Philippine Amusement and Gaming Corporation
(PAGCOR), Balibago Waterworks System, Inc., CDO Basketball Federation, Presidential Communications Operations Office (PCOO) and Cabinet Officer for Regional Development and Security (CORDS-X). In his message, Atty. Jang Moreno, MVPSF Community, Sports and Youth Development Head, said that Cagayan de Oro was chosen as the venue for the Samahang Basketball ng Pilipinas (SBP) Operations Head Butch Antonio and ExecuMYBL because of its ideal tive Director Sonny Barrios toss the ceremonial jump ball during the inaugural game and strategic location of the MYBL held last July 13 at the Corpus Christi gym in Barangay Macasanding,
Power customers to get refunds in electric bills See LAUNCHED, page 11
Cagayan de Oro City. (CIO Photo)
By MIKE BAÑOS VP for Digital
G
OOD NEWS in your electricity bills this July.
The Energy Regulatory Commission (E R C) has ordered twelve private distribution utilities (DUs) to refund “regulatory reset cost” to their customers in their electricity bills this July, 2019, including any remaining amount from the previous regulatory period plus interest.
Per the ERC, the Regulatory Reset Costs are expenses incurred in engaging regulatory experts or consultants when setting and updating the DU’s electricity rates. Under the PerformanceBased Regulation (PBR) methodology, privatelyowned DUs are allowed to charge the Regulatory Reset Cost in their revenue requirement. However, ERC noted that “the 17th Congress appropriated funds for purposes of regulatory reset,” leaving the See BILLS, page 11
4ID scores big vs NPA in 4 days By CHRIS V. PANGANIBAN, Contributing Editor
CAMP Evangelista, Cagayan de Oro City--The military’s relentless anti-insurgency drive against the communist New Peoples Army (NPA) had scored big in just a span of four days last week following a series of successful combat operations in the countryside of Northern Mindanao and Caraga Region, Army officials have noted. The two regions are within the area of responsibility Cagayan de Oro City Mayor Oscar Moreno with Cebu Landmasters CEO Mr. Jose Soberano III inspect the miniture architectural display of Casa Mira Towers to be develop at Kauswagan this city.
See SCORES, page 11
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