Mindanao Daily NEWS
Volume II, No. 189
web portal: www.businessweekmindanao.com
Friday
February 7, 2014
P15.00
northmin . westmin . caraga . davao Your Regional Mindanao-wide Community Newspaper
2 dead, 2 hurt in gun attacks
P
AG A DIA N C i t y – – Tw o people were killed and two others wounded in separate gun attacks in the southern Philippine city of Pagadian, police said. See full story, page 8
South Bank marks 9th year anniversary South Bank, the Cagayan de Oro based Rural bank, will celebrate her 9th anniversary on February 8, 2014. This was learned from Mr. John O. Lugtu, Chief Operating Officer. Highlight of the observance will be Thanksgiving Mass to be officiated by Rev. Fr. Carlos G. Cenzon, S.J. at the main lobby of Rodelsa Hall, right beside the Head Office of South Bank. Formerly known as the Kagay-anon Rural Bank until it was formally acquired by the ZEALEP group in 2005. South Bank offers services such as savings, checking and time deposit facilities, commercial and agricultural loans, personal loans, microfinancing, safety deposit boxes, bills payment services, money transfers and the Student Educational Assistance Loan (SEAL) Program. The bank is in the final stages of reengineering to a new core-banking system that operates in an on-line centralized mode providing inter-branch transactions and ATM connectivity. Mr. Wilhelmino R. Mendoza, serves as President of South Bank.
P107.6m alloted for infra devt projects
ELDERLY BEGGING.
An elderly beggar on the streets belies the government’s pronouncement that the economy rose by 7.2% of GDP in the last quarter of 2013. Photo courtesy of Ace Morandante of davaotoday.com
Military keeps an eye on BIFF
CAGAYAN de Oro will spend a total of P107.6 million for infrastructure development projects and By Cheng OrdoÑez capital outlay for this year, Associate Editor the city council said in a press statement yesterday. CAGAYAN de Oro City–– The city council The 4th Infantry Division See projects, page 11 is on a heightened alert
status following movements of the Bangsamoro Islamic Freedom Fighters (BIFF) from their conquered camp in Maguindanao to other parts of Mindanao.
4ID spokesman Capt. Christian Uy said field troops have been ordered to be on guard in all entry points leading to their See military, page 11
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