MINDANAO DAILY TRUTH | JUSTICE | PROGRESS
Volume XII, No. 016
www.mindanaodailynews.com
Thu-Fri, June 23-24, 2022
P15.00
Korean firm invests P756 million for cassava-based project in PH
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By KRIS CRISMUNDO, PNA
People’s Park in Davao City set to reopen
ANILA – The Board of Investments (BOI) reported Monday that Daesang Philippines, Inc. is investing PHP756.24 million in a project that will benefit local cassava farmers. Daesang is putting up a tapioca starch manufacturing facility in Tagoloan, Misamis Oriental, which will start its operation by January 2023. It will hire some 492 workers. The facility is expected to produce 33,000 tons of tapioca starch and 4,446 tons of tapioca residue annually. “Daesang’s project will increase the cassava starch production capacity of the Philippines by 9 percent from 370,000 metric tons to 403,000 metric tons,” the BOI said. Tapioca is an extract from cassava roots. Tapioca starch
By ANTONIO L. COLINA IV, MindaNews
and modified starch are used as raw materials for the food and beverage industry. This is also an emerging material for different industrial applications like polylactic acid commonly used for biodegradable plastic films, bottles, and medical devices. Tapioca residues, the by-product of cassava starch processing, are utilized for animal feeds. As the manufacturing plant will need 500 tons of fresh cassava per day, Daesang located its project in the country’s second-largest Bukidnon-Daraghuyan Lumads gather for an evening meeting in Malaybalay City on producing region, which is Wednesday, 15 June 2022, to tackle development plans for their ancestral domain. See INVESTS, page 11
mindanews photo by h . marcos c . mordeno
THE Department of Social Welfare and Development in Northern Mindanao (DSWD-10) released PHP17,165,994 worth of support packages to 209 families under the BalikProbinsya Bagong Pag-Asa Program (BP2P) for the first half of the year.
photo by rene malferrari
See PARK, page 11
DSWD pours P17-M BP2P aid to 209 NorMin families By NEF LUCZON, PNA
Mayor Dennis Roa welcomes officials and guests during the inauguration of the Olympicsized swimming pool in Naawan town.Mayor Roa also expressed his gratitude to the DepEd, to Governor Bambi Emano and former Olympic swimming champion and congressman Eric Buhain for gracing the ribbon-cutting, signalling the start of swimming events of the Misamis Oriental Sports League.
DAVAO CITY – After more than two years, the People’s Park will be reopened next month after it was shut down as authorities prohibited mass gathering to avoid transmission of the highly infectious coronavirus disease (COVID-19). Engr. Juancho B. Dagasohan, acting chief of the Parks and Playgrounds Division at the City Environment and Natural Resources Office (CENRO), told Davao City Disaster Radio (DCDR 87.5) on Tuesday that outdoor activities will be permitted once it reopens its gates to
In a statement Tuesday, DSWD-10 said the onetime BP2P cash assistance included a Transitory Family Support Package and Livelihood Settlement Grant to provide for the basic needs and ensure continuity of economic activities of the beneficiaries.
“D ep ending on t he assessment, each family received not more than PHP100,000 f rom t he DSWD, subject to proper liquidation of expenses. Before the payout, families underwent capability building with DSWD to manage their financial grants,” the agency said. See FAMILIES, page 11
A guest takes a selfie with the majestic Kilobag falls, the biggest of the seven cascading waterfalls which can be found at the 54 hectares Villa Cascada, a nature’s park located in Brgy. Mat-i, Claveria, Misamis Oriental. The new resort, which prides itself with picturesque scenery of the great green plateau from afar enveloped by maze of fogs dropping temperature underneath. Villa Cascada is owned and developed by the Uy family—Atty. Julio T. Uy and former Congresswoman Juliette T. Uy—who after two decades of public service are now opting to focus on their family businesses. photo by gerry lee gorit