Mindanao Daily Northmin (July 27, 2015)

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Mindanao Daily NEWS business . northmin . caraga . davao Bringing Good News of Mindanao

Volume IV, No. 058 web portal: www.mindanaodailynews.com

Monday

July 27, 2015

P15.00

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4th Mindanao Business Leaders and Entrepreneurs Awards held By MARK FRANCISCO Staff Member

Dads to tackle power outages

IT’s that time of year again when BusinessWeek Mindanao recognition to deserving individuals, government agencies and private businesses who have contributed much to the development of the island for the past year – the 4th Mindanao Business Leaders and Entrepreneurs Awards 2015. See full story, page A11

Palace on the ‘Iglesia ni Cristo’ controversy THE national government’s interest in probing the recent controversy involving members of Iglesia ni Cristo (INC) is limited to verifying whether a crime has indeed been committed, Malacañang said Saturday. Speaking over Radyo ng Bayan, Undersecretary Abigail Valte said both the Department of Justice (DOJ) and the Philippine National Police (PNP) are already looking into

See palace, page A11

The 4th Mindanao Business Leaders and Entrepreneurs Awards 2015 presenters and sponsors after being recognized in its valuable support making the annual event succesfull held at Centrio, on July 25. Joining them (second from right) is BusinessWeek Mindanao president and CEO Dante Sudaria. photo by gerry lee gorit

Carbon sink project, model of environmental rehabilitation By BONG D. FABE Contributing Editor

CUGMAN, Cagayan de Oro City--“If you leave a logged over and denuded forest alone, it will become a forest again in several years. But if we help through sustainable forest rehabilitation, we can fast track the process by a few more years,” said Dr. Cesar Nuevo. See full story, page A3

THE City Council committee on energy is scheduled to meet tomorrow morning (July 28) to tackle the real power situation in Cagayan de Oro City and Misamis Oriental. Councilor Teodolfo Lao, chair of the city council committee on energy, has invited officials of the National Grid Corporation of the Philippines (NGCP), Cagayan de Oro Power and Light Company (Cepalco), Steag State Power, Inc. and Misamis Oriental 1 Electric Services Cooperative (Moresco 1). The committee also invited the presidents of the Konsumanteng Kagay-anon, Inc/Mindanao Coalition of Power Consumers, Oro Chamber of Commerce and Industry, Mindanao University of Science and Technology, and the executive director of the Association of Mindanao Rural Electric Cooperatives, Inc (Amreco). Councilors Zaldy Ocon, Dante Pajo, Dometilo Acenas, Jr. and Yan Lam Lim, members of the committee, are also expected to attend the scheduled meeting. Last week, Cagayan de Oro has experienced 5-hour rotating brownouts due to alleged lack of power supply and the preventive maintenance shutdown of the 105 megawatts (MW) Unit 2 of the Steag State Power, Inc. in Villanueva town in Misamis Oriental. (ELB)


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