BusinessWeek
YOUR LOCAL ONLINE BUSINESS PAPER
www.businessweekmindanao.com Issue No. 63, Volume III • April 6-12, 2012
Market Indicators FOREX
PHISIX
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Briefly Right-of-way
THE power situation in Mindanao could get worse as personnel of the National Grid Corp. of the Philippines (NGCP) and National Transmission Corp. (Transco) might be barred from entering the premises of 87 landowners where transmission towers have been situated. The landowners, represented by lawyer Paterno Esmaquel, who was commissioned by nongovernmental organization Pilipinas Para sa Pinoy Inc. (PPP), warned they will prevent NGCP and Transco personnel from entering their lots. The warnings, Esmaquel said, could further exacerbate the Mindanao power situation as NGCP and Transco will be barred from conducting needed regular maintenance of the affected towers.
Electronics down
THE electronics industry in the Philippines sank in $2.47 billion in investments last year despite a dive of 25.63 percent in export sales. This was reported by Ernesto Santiago, president of the Semiconductor and Electronics Industry of the Philippines, Inc. (SEIPI) during the exporters’ forum held at the Bangko Sentral ng Pilipinas on Tuesday, March 27. Santiago said the investment was the biggest plowed in by industry players to the country in its entire history.
M’danao brownouts
DAVAO City -- Contrary to claims that almost all of the areas in Mindanao are experiencing 8 to 15 hours of brownout everyday, electric cooperatives admitted that there are only nine electric utilities experiencing 30 minutes to 2 hours of power outage in their respective areas. In stakeholders’ meeting held at Grand Regal Hotel last week, the Department of Energy (DOE) asked these utilities the frequency of brownout situations in their area. “The reason why we are here is to get the real picture if indeed the talks that Mindanao is experiencing up to 15 hours of brownout everyday is true. But we learned that these are merely misconceptions and are actually not true,” said DOE Undersecretary Josefina Patricia Asirit.
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Tourism sector calls for travel tax lifting By CARMELITO Q. FRANCISCO Correspondent
D
AVAO City -- Mindanao’s tourism sector has asked the government to scrap the travel tax imposed on locals en route to foreign ports within the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), an official said.
Arturo P. Boncato, Jr., Tourism regional director, said the issue is up for discussion in the government as members of the travel industry have asked that the exemption be restored to strengthen the position of Mindanaoans to travel within BIMP-EAGA. “I think the government will soon issue a policy on this,” Boncato said, without elaborating. An official of the Mindanao Development Authority (MinDA), the highest economic policy-making body in the island group, who requested not to be identified, said there is a “possibility” DRIED FISH. Fisherman Jose Roy Magallano makes a good living by making dried fish in a seashore in PHOTO BY GERRY L . GORIT TOURISM/PAGE 7 Casinglot, Tagoloan, Misamis Oriental. The dried fish sells at P60/kilo.
Organic farming pushed Sendong families transferred to Xavier EcoVille By DAHLIA BENEMIRITO, Correspondent
By BONG D. FABE, Correspondent
BUKIDNON – An advocate in the protection and preservation of the environment has called on the government and private sector to rally behind organic and natural farming to preserve the environment. “If we are going to protect the environment then it will redound to the best interest of humanity,” Neal Abejuela, the leader of non-government organization ORGANIC/PAGE 7
A TOTAL of 60 Sendong Survivor-families were transferred to the bunkhouses Xavier EcoVille in Barangay Lumbia, bringing to 314 families the total number of actual occupants in the 500 bunkhouses in the relocation site. The latest addition, the 7th Batch of survivors to have been transferred from different evacu-
ation centers, were persons with disabilities (PWDs), female-led households, single parent households and the elderlies. They were temporarily based in shelter camps and evacuation centers co-managed by the International Organization for Migration (IOM) in Camaman-an, Lapasan, Kauswagan, NEW HOME. Merry Rose Mejia Macasandig, West City Cen- sweeps the floor of their new SENDONG/PAGE 7 home at Xavier EcoVille.
Lumads renew rituals to appease spirits By MIKE BAÑOS, Correspondent
F0R the longest time, the Higaonon Tribe in 13 barangays of Cagayan de Oro had not conducted their annual ritual called Pamumulakaw, a prayer offering to the Magbabaya (Almighty) and the spirits and guardians OIL SPILL. A resident of Casinglot, Tagoloan of the river, creeks and forests. tries to extract oil from seawater that spilled “Walay magpasalig sa pamuhat off the shore from a Petron depot in the kay delikado,” said Datu Ontongarea. PHOTO BY GERRY L. GORIT
Fidel H. BIsoy, Sr., City Tribal Chieftain (Lantong) and chairman of the Northern Mindanao Coalition of Higaonon, Banwaon, Maman-wa and Manobo tribes of Caraga, Misamis and Bukidnon. The tribal chieftain blamed the acculturation of the Higaonon’s traditional culture and practices including their rituals for their failure to hold the annual
community ritual which they believed caused the Sendong disaster. He said the spread of other religions among the tribe’s people made them look down on their traditional religion and its practices. “The old ways cannot harm us, in fact, this is to be desired and respected so these can help us care for our environment and LUMADS/PAGE 7