Mindanao Daily News (January 7, 2013 Issue)

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every Mondays, Wednesdays, & Fridays BusinessWeek Mindanao is available online, what you see on print is exactly the same on line at www.businessweekmindanao.com find us on facebook @ http://www.facebook.com/BusinessWeek.Mindanao

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AS of 2 a.m. yesterday, a Low Pressure Area (LPA) was estimated based on all available data at 1,110 km east of Mindanao (6.0°N, 137.0°E) embedded along the Intertropical Convergence Zone (ITCZ) affecting Mindanao. Northeast monsoon affecting Northern Luzon. Eastern Visayas and Mindanao will have cloudy skies with light to moderate rainshowers and thunderstorms. source : pagasa

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Cagayan de Oro City

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January 7, 2013

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Bombo Radyo holds annual confab in Iloilo Bombo Radyo Philippines, the country’s number one radio Network will again gather its Managers and top executives from all over the country for a week long strategic planning sessions from January 07 to 11, 2013 in Iloilo City dubbed Top Level Management Conference 2013, in its continued efforts to bring the best of what radio can offer to its listeners. With its theme: BOMBO RADYO…MADE IN THE PHILIPPINES…FOR THE WORLD, the

Top Level Management Conference will discuss the Network’s best practices distilled through years of application in various settings as well as creative innovations that helps it to be continually relevant to the lives of its listeners in the digital age. Founded through hard work and honed through a resiliency of spirit very much reflective of its small city roots, Bombo Radyo Philippines personnel under the able leadership of media mogul and business guru Dr. Rogelio

M. Florete, has remained the top choice for advertisers and politicians alike who aspire to bring their product and their advocacies into the consciousness of people from all walks of life. A stickler for thorough planning, correct implementations and encompassing follow through for effective results, Dr. Florete’s hands-on brand of leadership has been passed on and mentored to his children, Executive VicePresident Rogelio C. Florete, Jr and Senior Vice-President Margaret

Ruth C. Florete and in turn to the Network’s officers and rank and file. With the Philippines in the cusp of an economic breakthrough and everyone looking forward to an interesting 2013 with its mid - term elections, the Network has embarked on a 100 million equipment and logistics upgrade that will enable it to be of better service for its listeners. Bombo Radyo Philippines is indeed Made in the Philippines…

Northern Mindanao’s port collector underfire bombo | page 10

Florete

Officials, employees ask PNoy to spare Castigador By GERRY L. GORIT and RUEL PELONE of Mindanao Daily News

BSP launches credit surety fund in Misor

CAGAYAN de Oro City––Despite reports from the Ombudsman about the dismissal of lawyer Anju Nereo Castigador from the service, he still is the Bureau of Customs Collector in Northern Mindanao pending receipt of a memorandum from Customs Commissioner Rozzano Rufino Biazon, according to BOC-10 deputy collector Marvin Mison. Mison said Castigador has been on leave since December 26 but is expected to be back in office next week. “The dismissal order is not final in the absence of a memo from Commissioner Biazon,” Mison said. He added that the employees of the BOC-10 have written an

open letter to President Benigno S. Aquino III signifying their support to Castigador. Copies of the letter were furnished to the Ombudsman and Customs Commissioner. “We, the officials and employees of the Bureau of Customs, Port of Cagayan de Oro and its port | page 10

Customs collector Anju Nerio Castigador speaks to reporters last year about the collection target of the Bureau of Customs in Northern Mindanao. He said the old dilapidated customs building in the Port of Cagayan de Oro would undergo a facelift. The renovation was completed before the year ended. Photo by Gerry L. Gorit

PNoy’s cheap labor policy Second of three parts

ment habitually compares wages in the Philippines with wages in To dodge calls for a substan- few countries with lower wages, tial wage hike and still look good KMU chairman Elmer “Bong” to voters, the Aquino govern- Labog observed. He explained:

| By MARYA SALAMAT of Bulatlat.com

“That’s because the Aquino government wants Filipino workers’ wages to be ‘globally competitive,’ (so) it is impoverishing workers even more.” In inviting foreign

investors into the Philippines, the Department of Trade and Industry promotes Filipino labor as “cost efficient in terms labor | page 10

THE national government, private sector and the people are joining hands to make credit more easily accessible to small businesses in Northern Mindanao through the creation of the Northern Mindanao Credit Surety Fund (NMCSF). BSP Monetary Board Member Felipe M. Medalla and Misamis Oriental Provincial Governor Oscar S. Moreno join 15 cooperatives in signing a Memorandum of Agreement to officially create the NMCSF on Monday, January 07, 2013 at a local hotel. The occasion also marks the 83rd anniversary of Misamis Oriental’s creation as a separate province. “The Credit Surety Fund represents our joint effort with the national government through the BSP, the private sector through the banks and the people through the BSP | page 10

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: 0917-7121424, 0947-8935776, 72-33-44, 856-3344, e-mail: mindanaodaily.ads@gmail.com


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