Mindanao Daily Davao (June 20, 2013)

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Volume II, No. 024

www.businessweekmindanao.com

Thursday

P10.00

June 20, 2013

Mindanao Daily Your Mindanao-wide Network Newspaper

DAVAO

Construction of Tower 1 of the 26-floor Abreeza Place in Davao City is in full swing Tuesday, June 17. The condominium, now with 24 floors, is the tallest building in the city to date.

Lagdameo takes oath as Davao Norte solon C

ARMEN, Davao del Norte-- Davao del Norte Second District Rep. Antonio Floirendo Lagdameo Jr. took his oath Tuesday morning for his third and last term on the occasion of the 45th founding anniversary of this town.

Rep. Antonio Floirendo Lagdameo Jr., Second DistrictDavao del Norte

In his speech after his oath-taking before a huge crowd of officials and populace, he thanked them for the new mandate they gave him, saying he chose performance and services than be enshrined in the landscape of his district without much publicity. Lagdameo also lauded town officials and the people for making Carmen progressive and for pole-vaulting it as a first class municipality during the terms of reelected Mayor Marcelino Perandos.

He said that because Carmen is centrally located in his district he would be holding office in the town from his old and traditional base in nearby Panabo City. Perandos, on his part, expressed gratitude and jubilation for the great strides that his town has taken due to collective efforts of the past and present officials and the unity of people as well. Perandos is entering his third term beginning July JUNK THIS LAW! Umbrella organization Bagong Alyansang Makabayan holds a ‘noise barrage’ Tuesday at a gas station along Acacia Street, Davao City. This after the prices 1. PNA

Relocation of ComVal town residents pushed DAVAO City-- An officer of the Project: Nationwide Operational Assessment of Hazards (NOAH) insisted that residents of Barangay Andap, in New Bataan, Compostela Valley have to relocate to safer ground away from its previous location to prevent further loss of lives during flash floods which happened during the onslaught of

typhoon Pablo. Speaking to reporters in the recently held 1st PAGASA-DOST Seminar Workshop for Southern Mediamen, Oscar Victor Lizardo, chief science specialist of Project NOAH said Barangay Andap is located in an alluvial fan where the flow and direction of water and debris during heavy downpour

and flash floods are unpredictable. He said relocation is an issue that the local government has to decide. Lizardo said that aside from their office, the National Housing Authority (NHA) and the National Disaster Risk Reduction and Management Council (NDRRMC) need to step Comval | page 11

of oil products increased six times since May or during the elections. Sheena Duazo (left), spokesperson for Bayan in Southern Mindanao, said they want the Oil Deregulation Law repealed as this hasn’t served its purposed of lowering the costs but only caused so much price increases. (davaotoday.com photo by Medel V. Hernani)

Investment confab draws Japanese investors to Dvo DAVAO CITY-- Japanese investors are seeking joint venture projects with the country’s food producers, farmers’ coops, growers who are well-organized under industry clusters in the Philippines. An investment conference that highlights and promotes the investment opportunities in various industries

in the country is expected to draw potential investors and traders from Japan and other countries worldwide. Some 700 participants comprising industry stakeholders in 24 industries nationwide, support groups and Japanese investors are expected to attend this conference to be held here at the new SMX Lanang Premiere

shopping mall, one of the country’s biggest and most modern mall with state-ofthe art convention facilities. Scheduled on June 25-26 this year, the conference is being held in time for the one year anniversary of the National Industry Cluster Capacity Enhancement Project (NICCEP), a joint project of investments | page 11

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