RURAL TRANSIT BACHELOR EXPRESS
“First in Service, Foremost in Fleet Maintenance”
BusinessWeek
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YOUR LOCAL ONLINE BUSINESS PAPER
www.businessweekmindanao.com Issue No. 90, Volume III • July 16-19, 2012
Editorial: 088-856-3344 • Advertising: 0917-7121424
P15.00
Market Indicators AS OF 5:58 PM JULY 13, 2012
FOREX
PHISIX
US$1 = P41.98
5,214.52
; ; Briefly 10 cents
9.33 points
Franchising
EXPANSIONS into rural areas will likely boost the franchise industry this year, with officials noting that growth is also expected to improve the country’s performance in a global ranking of franchising countries. Franchise businesses from urban centers are going to provincial areas where local consumption has been increasing,” Philippine Franchise Association (PFA) Chairman Robert F. Trota said in a briefing on Thursday. Construction of malls in Visayas and Mindanao have also spurred growth in franchise activities in the provinces, he noted.
MISS KAGAY-AN 2012. Candidates for Miss Kagay-an 2012 flank BusinessWeek Mindanao , Mindanao Daily News, and Mindanao Star Balita publisher Mr. Dante Sudaria (center) during their courtesy visit to the paper’s office on Saturday. From left: Lovely Jane Estampa (Patag); Sidney Taboclaon (Canitoan); Elaine Ghan (Kauswagan); Laurice Inosa (Balulang); Queenie Bahian (Patag); Juriel Valledor (Kauswagan); Leslie Ghan (Kauswagan); Emie Lou Yamba (Camaman-an); Roxanne Monterde (Cugman); Kris Pajaron (Patag); and Greanne Trisha Mendoza (Nazareth). PHOTO BY GERRY
Economic take off
TAGUM City -- The Department of Trade and Industry (DTI) and Davao del Norte are partnering to develop some municipalities in a bid to spur economic growth. DTI’s Local and Regional Economic Development (LRED) program will jump start several economic activities in the less developed towns of the province. LRED is a process by which stakeholders from public and private sectors are mobilized to become partners in a joint effort to improve the economy of a defined subnational territory, which would increase its competitiveness.
By MIKE BAÑOS, Correspondent
L
OCAL tourism officials and domestic airlines are forging new links between regional destinations not previously linked by air travel to boost travel and tourism between the newly connected points.
For instance, Cebu Pacific Air (CEB) recently brought five travel writers from Cagayan de Oro to Iloilo and toured them around the city and province to familiarize them with tourist destinations which Cagayanons might wish to explore. A return visit by Iloilo journalists to Cagayan de Oro is in the works. “Connectivity really plays a vital role in tourism promotion that’s why that’s where we really focus our promotion efforts,” said Atty. Helen J. Catalbas, regional tourism director for West Visayas during a briefing for the writers. CEB has been flying thrice weekly on the Cagayan TRIBAL PROTEST VS NCIP. Datu Timbangan Aduardo Salibo one of the Tamvilca leaders de Oro-Iloilo route since October 2011 and has gestures in calling the local government to intervene and resolve the issue of the tribe moved some 14,600 passengers for the five-month against National Commission on Indigenous Peoples (NCIP). PHOTO BY BUTCHW ENERIO AIR/PAGE 11
Lumads assail NCIP for inaction By BUTCH D. ENERIO Correspondent Beside U.C.C.P., C.M. Recto Ave., Nat’l Highway, Cag. de Oro City
Cell No.: 0917-304-6195
BACK TO SCHOOL PROMO!
Trained by:
RICKY REYES & DAVID’S SALON Makati City
QUEZON, Bukidnon – A Manobo Tribe here has assailed the inaction and indifference of the National Commission of the Indigenous People (NCIP) on their ancestral domain claim, saying that the government agency supposed to look after their
welfare is conniving with big landlords in depriving them of their land. The tribal members belonging to the Tambog Villanon Clan (Tamvilca) averred that they were part, as claimants, of the Certificate of Ancestral Domain Claim (CADC) 135, and was not given its share, LUMADS/PAGE 11
More BonChon outlets readied DAVAO City -- The company that brought the BonChon chicken chain to the country plans to grow the number of local outlets both through company investments and franchising, an official said. Alexander Scott T. Tan, managing director for food and beverage division of Scottland Inc., said BONCHON 11