Volume II, No. 178
web portal: www.businessweekmindanao.com Saturday-Sunday Jan. 25-26, 2014
P10.00
Mindanao Star The Purveyor of Truth, Justice and Development
Oro councilor changes stand on P30b coal plant project in Misor By RUEL PELONE Managing Editor and DODO CANOY Contributor
CAGAYAN de Oro City— The 30-billion-peso coalfired power plant project of the Filinvest Development Corporation (FDC) in Misamis Oriental has found a new ally. This after Cagayan de Oro City Councilor Bong Lao publicly announced his support for the construction of another coal plant
in Villanueva town. Lao, who is earlier opposed to the power project, said he will support the project as long as the FDC will assure him that it will comply with all the environmental laws. With Lao’s recent statement of support, Rep. Juliette Uy of Misamis Oriental’s second district, and her husband, Villanueva town Mayor Julio Uy have high hopes that the project will push through despite oppositions from some sectors.
The FDC through its subsidiary THE FDC Utilities, Inc. (FDCUI), the firm behind the FDC Misamis Power Corporation (FDCMisamis), is planning to construct three units of fluidized coal-fired power plant with the capacity of 135 megawatts each inside the Phividec Industrial Estate. FDC-Misamis will operate the coal-fired power plant and initially plans to operate two units at
Oro dads OK extension of biz permit renewal See CHANGES, page 6
Councilor BONG Lao
MAYOR JULIO UY
SP congratulates new NBI director for appointment
At the regular session yesterday presided over by Councilor Ramon G. Tabor, the 17th City Council headed by Vice Mayor Caesar Ian E. Acenas enacted Ordinance No. 12712-2014, extending the deadline for the filing of business license renewal application from January 20 to January 31. In behalf of the members of the Cagayan de Oro Chamber of Commerce and Industry, Promote CDO, the Misamis Oriental Filipino-Chinese Chamber of Commerce and Industry, the Cagayan de Oro Filipino-Chinese Chamber of Commerce and Industry and the Philippine Chinese
MEMBERS of the 17th City Council headed by Vice Mayor Caesar Ian E. Acenas yesterday adopted a resolution congratulating Atty. Virgilio Mendez for his appointment as the director of the National Bureau of Investigation (NBI). Councilor Ramon G. Tabor, who presided over yesterday’s session, is the main proponent of the resolution. According to Tabor, although Atty. Mendez is from Bohol, he stayed in Cagayan de Oro for decades and served as the NBI regional director for many years. “We are proud and very happy that the appointed official is the first that has rose from the ranks,” he said, even as he noted that he is the first Mindanaoan to occupy such prestigious position. Tabor thanked Justice Secretary Leila de Lima for recommending him to the post and President Benigno Simeon Aquino III for appointing him. “We support their decision and we are proud that they chose a man from the ranks to the highest posi-
See dads, page 7
See SP, page 7
BUSINESSMEN will have until January 31 to file for the renewal of the business permits.
MISAMIS ORIENTAL – Vice Governor Joey G. Pelaez, together with Governor Bambi B. Emano and Superintendent Cherry Mae L. Limbaco of the Department of Education – Misamis Oriental Division, inspects Mambayaan Bridge in Balingasag, Misamis Oriental after visiting several schools in the province, including Misamis Oriental Provincial High School which is near the bridge. Vice Governor Pelaez chairs the Committee on Education in the Sangguniang Panlalawigan.
REP. JULIETTE UY
DSWD turns 63, honors partners, employees DAVAO City –“As we celebrate our founding anniversary this Friday, we also give tribute to our partners in development and to our co- workers who have essentially contributed in the pursuit of our programs and projects. We have invited as well the rest of our partners who have been supporting us throughout the years as we continue serving the poor, vulnerable and disadvantaged sectors.”
This was emphasized by Director Priscilla N. Razon of DSWD at the Regional Management Committee Meeting on Monday. She also instructed her staff to invite all media partners. “Our media practitioners have significantly helped us in providing the right information at the right time to the public especially in times of disasters.” As Secretary Corazon Juliano Soliman empahsized
in her message during the awarding rites at the Central Office on January 16, “The past year really tested the mettle of the men and women of the Department of Social Welfare and Development (DSWD) who were out there in the field assisting the survivors of various disasters which struck our country in succession. We hurdled the herculean task through the solid and generous support
of all of you – our dear partners and colleagues, so you rightly deserve this recognition.” Director Razon said DSWD Assistant Secretary Camilo G. Gudmalin will be the keynote speaker during Friday’s Anniversary Program. DSWD Awardees for 2013 are Golden Shrine SEA-K, Marphil Children’s Village Foundation, LGU See DSWD, page 7
Ground Breaking of By-pass Road Project Congressman Rufus B. Rodriguez briefs the media on the Lapasan to Gusa by-pass coastal road project during the site inspection last November 29, 2013. The P1.2 billion project is funded by the national government through the efforts of Cong. Rodriguez and is being implemented to minimize traffic in the national highway of the city.