Mindanao Daily News (March 12, 2013 Issue)

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NONOY LECHON SERVICES OFFERED OUT OF TOWN ORDER

www.businessweekmindanao.com VOL. 2, No. 250

Cagayan de Oro City

Tuesday

March 12, 2013

JV thankful to public for maintaining fifth spot in latest survey of Pulse Asia UNITED Nationalist Alliance (UNA) senatorial candidate San Juan City Rep. JV Ejercito Estrada expressed his gratitude to the public after the latest Pulse Asia survey showed that he remained in 5th place among the so-called “Magic 12” or list of senatorial candidates preferred by Filipinos. Pulse Asia released Monday (March 11) its February 2013 Pre-Election Survey fielded from February 2428, 2013. Ejercito Estrada placed 5th among the 33 senatorial candidates and was favored by 43.8 percent of the survey respondents. “The sustained strong trust being given to me thankful | page 10

Cong JV Ejercito Estrada talks of a Maginhawang Bayan in front of eager supporters in Guiguinto Bulacan

P10.00

For more details, contact Tel. No.: 309-5276 Hermilino Villalon

NGCP bats for lower ancillary services rates for power consumers As part of its continuing efforts to improve grid reliability while ensuring minimal impact on power rates, the National Grid Corporation of the Philippines (NGCP) has taken steps to lower the overall cost of ancillary services (AS) by as much as 40 percent. NGCP filed at the Energy Regulatory Commission (ERC) applications for the approval of its Ancillary Services Procurement Agreements (ASPAs) with Trans-Asia Power Generation Corp. (TA-POWER), Trans-Asia Oil and Energy Development Corp. (TRANS-ASIA), and Panasia Energy, Inc. (PANASIA), with prayer for the issuance of provisional authority. “The ASPA rates filed at the ERC are significantly lower and cheaper than the current ASPAs. The new contracting methodology, rates, and payment structure to be applied on all prospective ASPAs are designed to lower the overall cost of AS by as much as 40 percent, and at the same time ensure the availability of AS capacity for the reliability and security of the grid,” NGCP said. NGCP has the crucial role of providing AS to all transmission users of Luzon, Visayas and Mindanao grids as required by the Electric Power Industry Reform Act of 2001 (EPIRA), its Implementing Rules

Coal plants to bring more harm than good on looming power crisis in mindanao

plans for Mindanao are designed to promote the ENVIRONMENTAL activist Greenpeace uptake of coal power, and on Thursday urged President Benigno that several coal-fired plants are set to be operational Aquino III to usher in clean, green re- by 2015. In a statement, the newable energy, and reject harmful coal Greenpeace contends that plants saying it will only bring Mindanao coal and its negative side efmore harm than good. fects will worsen Mindanao’s The Greenpeace sounded firmed that there was indeed power woes in the long run, the alarm bell shortly after a “looming power crisis in as opposed to renewable energy which is good for the the Philippine Institute for Mindanao.” Development Studies reIt said the current De- environment and business. leased its study that con- partment of Energy (DOE) harm | page 10 By RUEL V. PELONE of Mindanao Daily News

consumers | page 10

Edelmiro Amante Sr. passes away CABADBARAN City–– Agusan del Norte’s political kingpin is dead. Edelmiro Amante, Sr, who represented his district in Congress for passes | page 10

Classical guitarist at Rodelsa

AFTER featuring a series of piano performances, Rodelsa Hall proudly brings to Cagayan de Oro City international prizewinning classical guitarist Ramoncito “Monching” Carpio on March 15 at 7:30 in the evening. Considered as one of the country’s most awarded classical classical | page 10

Investments in non-rice sector urged

SARDINE CLOSED SEASON. Lawyer Asis G. Perez, national director of the Bureau of Fisheries and Aquatic Resources (BFAR), opens the Mindanao-wide Environmental Media Conference aboard MV DA-BFAR off the coast of Zamboanga Peninsula Straight and East Sulu Sea, March 7-10 this year. The activity also marked the Ceremonial Lifting of the Zamboanga Sardine Closed Season. Photo by Arjay S. Felicilda of MinStar and MinPressDev

MORE investments in non-rice sector are also needed to further boost the country’s agribusiness sector, according to an expert in agricultural economics. “There are surplus capacities in some sectors of the economy––coconut urged | page 10

Editorial: e-mail: mindanaodailynews@gmail.com • 72-33-44, 856-3344 Advertising: e-mail: mindanaodaily.ads@gmail.com Contact cell nos.: 0917-7121424, 0947-8935776


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