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P15.00 Volume XIV, No. 98 Fri-Sat | January 27-28, 2023 www.businessweekmindanao.com

Market Indicators FOREX PHISIX AS OF 6:00 PM JAN 24, 2023 (TUE) 7,042.70 38.66 points 0.23 cents X X

Cash-forwork

THE Department of Labor and Employment (DOLE) on Thursday allotted P10.9 million for the new batch of cash-for-work beneficiaries in Camiguin province. Jovelyn Perez, DOLE-Camiguin focal person, said the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program beneficiaries are set to work from Feb. 1 to 18. "The rate is PHP390 daily since the proposal was approved last December (2022) before the new minimum wage took effect," Perez said.

Solar project

KIDAPAWAN City –

The city government here has completed the installation of PHP4 million solar lighting units in 40 villages, an official said Thursday. Mayor Jose Paolo Evangelista said the project aims to provide lighting in secluded areas to keep communities safe. “Our Task Force (TF) ‘Kahayag’ (light) has fully installed these units in the most strategic areas recommended by the respective barangay leaders," he said.

Red onions

DAVAO City – The Department of Agriculture in Davao Region (DA-11) is scouting for areas to expand and produce red onions after its market price skyrocketed due to an alleged shortage. In a press briefing, DA-11 Director Abel James Monteagudo bared that since 2017, two past DA secretaries had instructed the regional offices to look for onion production areas. “All regional field offices were given directives to look for production areas. Some regions successfully identified areas, while others failed due to reasons of climate, adaptability, and others,” Monteagudo said.

Abalos says BARMM is in the right direction

OTABATO City – Interior and Local Government Secretary Benjamin “Benhur” Abalos Jr. said on Monday that the Bangsamoro regional government is on the right track in pushing for development and good governance.

During the “Pagkilala: 3rd awarding ceremony for performing Bangsamoro LGUs,” Abalos – accompanied by BARMM Chief

Minister Ahod Ebrahim, Senior Minister Abduraof Macacua,

UNTAXED CIGARETTES. Personnel of the Bureau of Internal Revenue, backed by the police, seize reams of untaxed cigarettes stuffed inside 10 large trash bags and sold at the Zamboanga City public market during a surprise inspection Wednesday (Jan. 25, 2023). BIR-9 Director Aynie Mandajoyan-Dizon said erring store owners will be charged. (PNA photo by Teofilo Garcia Jr.)

DAVAO City– Mindanao’s biggest irrigation project of the Davao Oriental provincial government is set to be turned over soon to the National Irrigation Administration (NIA). In a statement Wednesday, Governor Corazon Malanyaon said the provincial government decided to turn over the Cateel Irrigation Project (CIP) and its management to NIA to help maximize the dam’s operation and support the province’s efforts to boost rice

EARLY WORK. Laborers quarrying sand and gravel at the Pugaan River in Iligan City start the day early to avoid the heat. MindaNews photo by BOBBY TIMONERA

9 Agusan del Sur coops get P2.7-M financial aid

DAVAO City — Former Sarangani Governor Miguel Rene Alcantara Dominguez has joined the 60-year-old Alsons Development and Investment Corporation (Alsons Dev) as its new director who will oversee the business strategy and operations of the premier property developer and real estate pioneer in Davao City. Alsons Dev is the real estate

BUTUAN City – At least nine local cooperatives in Agusan del Sur province have received P300,000 financial aid each from the provincial government to support their respective economic enterprise. In a statement Tuesday (Jan. 24, 2023),