JUNE 8,2012 BUSINESSWEEK MINDANAO

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RURAL TRANSIT BACHELOR EXPRESS

“First in Service, Foremost in Fleet Maintenance”

BusinessWeek

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www.businessweekmindanao.com Issue No. 79, Volume III • June 8-10, 2012

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EXACTLY three years ago today, June 8, what was the largely viewed as another obscure and uncharted weekly paper came out the streets of Cagayan de Oro from a narrow (3X2 meters) office space located at the Ground Floor of FICCO building in Lapasan. But not too many have realized then that this paper, BusinessWeek Mindanao, is carved out of a clear

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M’ nao research

DAVAO City -- A consortium of local academicians and scholars is urged to take on the role of a think tank that will help steer Mindanao’s journey to holistic development. Sixteen members of the Mindanao Studies Consortium Foundation Inc. (MSCFI) were exhorted by the Mindanao Development Authority (MinDA) to venture out of their institutions and build their mark in research and policy studies in the region. “Issues in Mindanao are integrated and call for integrated solutions that require lenses from different skills and expertise. Being an institution of thinkers, planners, experts, and social architects, MSCFI can take the lead,” MinDA Executive Director Janet Lopoz said in a message delivered for MinDA chair Sec. Luwalhati Antonino.

vision of setting a new trend in the local newspapering industry. When BusinessWeek Mindanao was first conceived, its publisher Mr. Dante Sudaria, just like others, had some sort of reservation realizing that many local papers have died down as fast as they emerged. Much more that the paper covers only business developments and reports apart from crimes and

political intrigues. Skeptics viewed the idea as nothing but mere figment of imagination. Experience in the local newspaper industry not only in Cagayan de Oro but anywhere in the country had it that if the paper is not supported by an well-oiled network, or by moneyed owners, it will eventually bite the dust, so to speak. TRAILBLAZE/PAGE 2

By NELSON V. CONSTANTINO with WIRE REPORT

S

TAKEHOLDERS in the construction industry are seeing robust growth in the country in the next two years amid improved economic conditions and the continued inflow of remittances from overseas workers, a research firm last week said.

Shell fuel

DAVAO City– The increasing demand of consumers for high performing fuel will be met following the launching Wednesday here by Shell of the unique gasoline and diesel fuels designed to improve performance and to act instantly on engines. Fuel scientist of Shell Global Solutions Mae Ascan said Shell recognized the evolving needs of customers on their driving experience with the Shell V-Power Nitro+Premium Fuels. She said using this product is cost effective as it will provide high performance as well as maintain the engine well. It has stronger cleaning power as it contains more of the detergent designed and cleans up deposits that can affect engine performance.

BusinessWeek starts here.

This kid looks at the glass window of a restaurant wanting to partake food from customers. Life is still hard for most Filipinos amid economic and political turmoils. PHOTO BY GERRY L . GORIT

4 of 10 Pinoys hopeful life will improve NEARLY four of 10 Filipinos remain hopeful that their lives will improve this year, according to the latest survey by the Social Weather Stations (SWS).

The poll, taken from Dec. 3 to 7, showed that 37 percent of the respondents expect their lives to improve this year (“optimists”) while eight percent said otherwise

(“pessimists”), for a net personal optimism score of +29 (“high”). The new score, however, was a point lower than September’s LIFEPAGE 4

“The prospects for 2012 are promising and 2013 looks very good notwithstanding external factors due to a good macroeconomic environment,” Tzion Asher, Philippine country manager for BCI Asia, said in a statement. The research firm is also certain that private construction performance in the regions, particularly Mindanao’s Cagayan de Oro and Cotabato, and Iloilo in Visayas will also improve tremendously. In Cagayan de Oro City alone, major projects are underway with the construction of two hotels at the Limketkai Center, the Ayala’s Centrio Mall along Recto Ave. and a hotel in nearby Agora junction, and scores high-rise residential INDUSTRY/PAGE 11

Int’l seaport eyed in AgNor 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

AGUSAN del Norte -- The provincial government of Agusan del Norte is planning to build an international seaport in Magallanes town. With the approval of the provincial board, the Andres Y. Narvasa (AYN) Resource Management Center is now

developing a master plan for the International Seaport Project including the proposed industrial and ecotourism project. The international seaport will likely be a priority project under the private-public partnership program to make

the historic Magallanes town a major cargo and passenger ship hub in the Caraga region. Butuan City, the region’s capital, is only a few kilometers south of Magallanes. The existing national seaport in the province was SEAPORT/PAGE 7

Davao haven for BPOs DAVAO City -- The influx of foreign locators in the outsourcing industry here would lead business-process outsourcing (BPO) companies among the employment generators in the next two years, with the likelihood of surpassing its target to DAVAO/PAGE 7


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