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BusinessDaily CREDIBLE
Cagayan de Oro City
INSIDE LOOK
Volume III, No. 196
China market as savior of car industry
IN-DEPTH
Monday
April 22, 2013
Coop leaders forum
Red tide still affects 3 M’nao bays
P15.00
Pantawid college scholars gets favor
Davao City tourism promotion Economy
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Motoring
FOREX
PHISIX
US$1 = P41.07
6,957.10 points
News
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By BENCYRUS G. ELLORIN
INDEPENDENT senatorial bet and incumbent Puerto Princesa City Mayor Edward Hagedorn says he would work for the rehabilitation of environment of Cagayan de Oro which was ravaged by typhoon Sendong in December 2011 and areas ravaged by typhoon Pablo in southeastern Mindanao last
X X Briefly 99.62 points
More brownouts Z AMBOANGA CIT Y -Residents of the city should brace for longer brownouts nex t m o nt h ac c or d ing to Z am boang a Cit y Ele c tri c Cooperative (Zamcelco). In a presentation made during the first quarter meeting of ConsumerNET-9 last week, it showed that Mindanao grid will experience the biggest shortfall next month against the average consumer demand. “Unless Zamcelco’s power supply is augmented, a longer power interruption will be experienced in the city,” said the presentation. The power woes in the city have worsened particularly this month with an average brownout of 6-8 hours per day, affecting all sectors. The business sector, for one, is asking the local government to help Zamcelco look for other power supplier to at least lessen the power interruption in the city.
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Agri-Business
December 2012. In the late 1990 and early 2000, Hagedorn was one of the strong supporters of the anti-logging advocacy staged by Task Force Macajalar here in Cagayan de Oro and Bukidnon. Hagedorn who is known for reversing the environmental slide of Puerto Princesa City in Palawan made this statement today, the
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celebration of the Earth Day as an expression of solidarit y to Mindanaoans who have seen the wrath of nature twice in less than a year. “I have long envisioned to spread nationwide what we did to the environment of Palawan nationwide and thought that a Senate seat would be the vehicle to do this,” Hagedorn Hagedorn/PAGE 10
Don’t ignore palm oil industry, gov’t told P
By BONG FABE , Associate Editor
ALM oil industry players asked government at the weekend for help in expediting the passage of the Oil Palm Roadmap of the Philippines pending in Congress for many years.
Rober tino Pizzaro, president of A Brown Energy Resources Development, Inc. (ABERDI), which hosts the just concluded 8th National
Cassava production F O O D, b e v e r a g e , a n d p ac k ag i n g c o m p a ny S a n Miguel Corporation and the Department of Agriculture 12 are urging farmers in South Cotabato and nearby provinces to plant cassava. In a recent training on cassava production, post-har vest facilities and pro cessing te c hnologies, E d g a r L a b o r, r e g i o n a l cassava focal person, said the government agency and SMC are jointly pushing for increased cassava production in the area as well as in the entire Region 12. He added that the initiative was also geared toward tapping the local market potential the commodity, including signing contract SMC. Ben Brasales, area coordinator of SMC said, they buy cassava for manufacture of feeds, alcohol, and food.
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Hagedorn to champion green agenda in the Senate
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Palm Oil Congress here, said that he is very hopeful that this time around, government will act and help expedite palm/PAGE 10
Officials of Philippine Palm Oil Development Council, Inc. (PPDCI) are urging the government to fasttract the passage of law that would provide roadmap for the palm oil industry. (L-R) Erwin Garcia, vice president; Robertino Pizzaro, president; and Dr. Pablito Pamplona, director; with MILF Vice Chairman Ghadzali Jaafar during the news conference after the 8th National Palm Oil Congress. photo by bong d. fabe
Sugar firm to supply ‘sweet power’ to grid By IRENE DOMINGO, Reporter
AS the Mindanao grid craves for more power to sustain the island’s energy need, a sugar milling company based in Bukidnon is taking steps to enable its embedded power plant to contribute some 5-6 megawatts out of its 9-10 megawatt generating capacity. Pablo Lobregat, owner of Crystal Sugar Co Inc, in Maramag, Bukidnon, said the sugar/PAGE 10
POLL VIOLENCE. Mayor Ruthie Guingona’s Toyota Hilux peppered with bullets and spluttered in blood after the ambush Saturday. photo by rita endrina of monitor today
Guingona ambush only proves NPA’s losing ground in MisOr By BONG FABE, Associate Editor
The Crystal Sugar Co. Inc. in Maramag, Bukidnon
THE ambush of Vice President Teofisto Guingona’s wife and Senator TG Guingona’s mother Saturday evening was
a desperate attempt by the New People’s Army (NPA) to recover lost territories ambush/PAGE 10
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