BusinessDaily (July 4, 2013)

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INSIDE LOOK

Partylist solons seek to amend CDA charter

GM, Honda partner on fuel cell dev’t

PHL calls for more ASEANUS ties on maritime security

DAR, KFI ink MOA for cacao production in M’nao

Children’s nutrition status in NorthMin improves

BusinessDaily Economy

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Motoring

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CREDIBLE

Volume III, No. 249

Market Indicators

As of 6:02 pm july 3, 2013 (Wednesday)

FOREX

PHISIX

US$1 = P43.48

6,480.12 points

21 cents

X

31.94 points

X

Briefly P-Noy’s SONA

ASEAN Watch

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RELIABLE

Cagayan de Oro City

Thursday

News

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IN-DEPTH

P15.00

Normin posts higher trade volume in 1Q July 4, 2013

By IRENE DOMINGO, Reporter

N

SECURITY and economy would be the two important elements that President Benigno Aquino III would likely focus in his scheduled State of the Nation Address (SONA) this month. Leonardo Librea, 28, a c o n s t r u c t i o n w o r ke r, s a i d that the state of the country’s e c o n o my s h o u l d b e g i ve n impetus by the President. He expressed hope that the government would exert more effort in alleviating the plight of the poor. Erlinda Dagupyo, 19, a college student, wished the cost of education would soon start going down. “Our parents can hardly send us to school anymore because even if we are enrolled in state-owned colleges and universities we could hardly meet both ends meet,” she said.

ORTHERN Mindanao continues to register an uptrend in domestic trade volume and ranked fourth nationwide with the value of goods traded at P11.79 billion or 9% increase from last year, the National Statistics Office (NSO) reported yesterday.

K to 12 DEPARTMENT of Education (DepEd) region 10 said that the K to 12 curriculum is cost effective especially for families who could not afford to send their children to college. Wilfreda T. Famador, chief of basic education of DepEd 10 during the Ang Rehiyon Karon (ARK) radio program of the Philippine Information Agency region 10 aired at DXIM Radyo Ng Bayan on Friday said t hat t hroug h De pEd ’s K-12 curriculum, high school students will be equipped with different skills and be ready for the world of work when they graduate. She added that these skills are that of the standards of the Technical Education Skills Development Authority (TESDA) and equivalent of the National Certificate II (NCII). When a high school student graduates at 18 years old, he or she will be allowed to apply and get a job without violating any child labor policies, she added.

Billboard

Container vans containing goods stacked at the Mindanao Container Terminal in Tagoloan, Misamis Oriental. Volume of goods traded in northern Mindanao continue to rise, registering a 9% increase in the first quarter of the year. photo by gerry lee gorit

P20/daily wage hike takes effect June 20 in R-10 By RUTCHIE C. AGUHOB Contributor

P R I VAT E w o r k e r s i n nor t hern Mindanao are expected to get an additional P20 in their minimum daily wage effective June 20, this year, with the implementation of Wage Order (WO) RX-17, the Regional Tripartite Wages and Productiv it y Board hike/PAGE 11

On the national scale, a total 5.99 million tons of commodities were traded within the country, up by 26.7% from 4.73 million tons in the same period last year, according to the NSO’s preliminary results. Goods continued to be transported mostly via water, with 99.9% of goods shipped, only slightly higher than last year’s 99.8%. The value of commodities fell by a slim 0.3% to P131 billion from P131.41 billion in the first quarter of 2012. Food and live animals chipped in the biggest value with P38.8 billion, almost a third of total trade value nationwide. trade/PAGE 11

Rufus gets back to work, unveils projects By REMEE MONIQUE O. ESPIRITU Reporter

JUST a day after assumption to office as a third-termer representative of Cagayan de Oro’s second district, Rep. Rufus Rodriguez gets back to work with the turning over of several projects funded by his congressional development fund. On Tuesday, Rodriguez u nvei led i nf rast r uc t u re projects in his district worth Projects/PAGE 11

Mrs. Annabelle J. Lariba, principal 1 of Puer to Elementary School, explains to Cagayan de Oro 1st district Rep. Rufus Rodriguez (L) the need to renovate the school’s MultiPurpose Building. Rodriguez, together with his brother Abam i n Pa r t y l i s t Rep. Maximo Rodriguez, pledged P250,000 to rehabilitate the facility. photo by rolando sudaria

J.P. RIZAL - CRUZ TAAL STS., (NEAR SHANGHAI BAKERY) DIVISORIA, CAGAYAN DE ORO CITY

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BusinessDaily (July 4, 2013) by Mindanao Daily News - Issuu