Volume II, No. 214
web portal: www.businessweekmindanao.com Saturday-Sunday March 15-16, 2014
P10.00
Mindanao Star The Purveyor of Truth, Justice and Development
DOE Final Report:
M’nao Feb. 27 blackout caused by a ‘confluence of uncommon events’ By Mike Baños
870 MW gone in 85 seconds
T
he Department of Energy has disclosed the results of its two-week investigation into the cause of the massive blackout which plunged the entire Mindanao Grid into darkness early dawn of Feb. 27, 2014.
In a press briefing held Friday morning (March 14) in Manila, Rolando T. Bacani, president and chief executive officer of the National Transmission
Corporation (TransCo) said the blackout was caused by a “confluence of uncommon events.” See blackout, page 11
Big four motorcycles campaign for ‘Original’ By Cheng Ordonez
Want to know how to spot the original against a copycat motorcycle? The motorcycle industry’s Big 4—Honda Philippines, Kawasaki Motor Philippines, Suzuki Philippines and Yamaha Motor Philippines— is in Cagayan de Oro to promote the genuine quality advantages of using original motorcycles, as they
turnover - From left- DPWH-10 Asst. Regional Director Efren Barba, Second Secretary Akio Yonezawa of the Japan Embassy in the Philippines, Minister Akio Isomata of the Ministry of Economic Affairs of Japan, and Cagayan de Oro City Mayor Oscar Moreno with Rev. Fr. Jun Balsamo, SSJV during the turover of two amphibious dredgers, at Isla de Oro, Cagayan de Oro City. (Photo By Rolando N. Sudaria)
converge in the “Original na Bida” (OnB) campaign, from March 14-16, 2014, at the SM. Now on its third year, By Cheng Ordonez the campaign reiterates the wise choice of original mo- CAGAYAN de Oro City - The torcycles and spare parts Japanese government has See campaign, page 11 turned over Friday, March
Japan minister turns over ODA projects
original na bida campaign - From left-Mr. Peter Salvadico-Regional Head Manager (Mindanao) of Yamaha Motors Phil. Inc., Mr Joel Martin-Regional Sales manager (Mindanao) of Suzuki Phils. Inc., Mr. Virgilio De Jesus-PSD Manager, Product Services Dept. of Kawasaki Motors (Phils) Corp. and Mr. Cesar Mugas-Area Sales Manager (Mindanao) of Honda Phils. Inc. led the cutting of ribbon and unveiling of the Original na Bida seal to kick off on thier “Original na Bida” (OnB) campaign at SM City Cagayan de Oro Event Activity Center, yesterday the event run until March 16. (Photo By Rolando N. Sudaria)
14, 2014, part of the P315 million assistance package signed earlier for the purchase of necessary products and equipment for the recovery and disaster prevention of Typhoon-Sendong-affected areas, here. Minister Akio Isomata of Japan’s Minister of Economic Affairs turned over two units of amphibious excavatordredgers to the DPWH as a
Japan-funded Non-Project Grant Aid for Restoration and Disaster Prevention. The ceremony was also attended by Second Secretary Akio Yonezawa of the Embassy of Japan in the Philippines, DPWH 10 Asst. Regional Director Efren Berba, City Mayor Oscar Moreno and Rep. Rufus Rodriguez (2nd District), among others. Aside from the dredgers,
fishing nets and housing materials will also be provided under this project to assist the victims in the restoration and rebuilding of their home. The assistance comes on top of the P14-million emergency relief, composed of water tanks, tents and other relief items, and the US$2 million (P84 million) emergency grant through the See projects, page 11