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Camiguin infra
MAMBAJAO, Camiguin -- A total of P51-million is being poured on public infrastructure projects here in this island-province. All these constructions and improvement projects are now ongoing, like the construction of the Camiguin Tourism Center and Sport Complex getting the biggest chunk of P17.5 million. Governor Jurdin Jesus M. Romualdo said that in two years time, the province will be ready to host the next regional sports meet. The Camiguin Tourism Center and Sports Complex in Mambajao, the capital town, will hold a basketball and volleyball court, archery area, as well as an Olympic-sized swimming pool.
Seaweed projects
MARAWI City -- The P1.9 million project rolled out by the Bureau of Fisheries and Aquatic Resources in the Autonomous Region in Muslim Mindanao (BFAR-ARMM) on Monday targets to assist up to 400 seaweed farmers in the coastal town of Parang, Maguindanao. The project is intended to provide these fishers a more sustainable livelihood as well as boost the region’s seaweed production, said BFAR-ARMM Director Janice Musali. She said the project includes the provision of seaweed farm inputs to support 200 to 400 farmers, which will expand the 120 hectares of seaweed farm area off the coast of Parang. The project is expected to open up an additional 50 hectares of farm area, according to Musali.
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ARMM, Caraga remain M’nao poorest regions
Issue No. 158, Volume III • As of 5:58 pm jan. 30, 2013 (Wednesday)
Cagayan de Oro City
Now
T
February 1-2, 2013
By melisa villariza, Correspondent
HE Autonomous Region in Muslim Mindanao and the Caraga Region continue to lag behind other Mindanao regions, posting the lowest economic growth from 2010 to 2011.
This was contained in a report by the Mindanao Economic Development Authority (MinDA) as the agency is preparing for the First Mindanao Development Forum set today, February 1, in Marco Polo Hotel in Davao City. The forum will gather over 300 members and representatives from Official Development Assistance agencies, local and national officials and members of the diplomatic community. In the report, it showed that Caraga’s growth rate was only 1.1 percent while ARMM’s growth rate was the lowest at 0.9 percent. The National Statistical Coordinating Board has consistently placed ARMM as the poorest region in the Philippines from 2000, 2003, 2006. The fastest growing economy in Mindanao was Davao Region with 4.2 percent average. The remain/PAGE 5
Four power plants up for Mindanao
MERALCO and the Metrobank group are looking to build in Mindanao four power plants that run on coal or run-of-river technology. “Effectively, they are developing and we will have the opportunity, if we so wish, to invest with them,” Oscar S. Reyes, Manila Electric Co president said. He said the joint venture with Global Business Power Corp will be “more or less” a 50-50 partnership. The power facilities of Global Power in the power/PAGE 5
FBC Business Solution’s Corporation sees robust growth in the outsourcing industry as it plans to recruit more call center agents within first half of this year. (photo provided)
FBC expands, to recruit more call center agents By MIKE BAÑOS, Correspondent
FBC Business Solution’s Corporation, one of the city’s fastest growing call centers,
is embarking in an aggres- next six months. sive expansion as it aimed to FBC, which marked its two recruit 80 new agents in the expands/PAGE 5
P38-M fine for Guardian on Tubbataha damage miniscule By BONG D. FABE Correspondent
Giant waves batter the USS Guardian, a minesweeper that ran aground in the Tubbataha Reefs in the Sulu Sea.
THE P38 million likely to be imposed against the US government for the damages on Tubbataha Reef by the grounding of the USS Guardian is “miniscule” compared to the US$15 million (P610-
M) the US Navy paid to the State of Hawaii in 2009 for the grounding of one of its vessels that damaged 890 square meters of coral reef. This is based on t he calculation by Tubbataha Reefs Park Superintendent Angelique Songco based on Republic Act 10067 of the Tubbataha Reefs Natural Park Act of 2009, which prescribed a mandatory fine of only US$300 (P12,000) per square meter of coral reefs damaged and another US$300 per square meter for rehabilitation efforts. “Given the estimated size of damaged reef, the minifine/PAGE 10
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