BusinessWeek M I N DA N A O CREDIBLE
Volume XIV, No. 143 AS OF 6:00 PM MAY 16, 2023 (TUE)
X
US$1 = P 55.03
0.04
cents
RELIABLE
PHISIX
X
6,588.90
65.75
points
Briefly Illegal mining FIVE Chinese nationals and 13 Filipinos are facing charges for violating multiple laws after a joint government operation for illegal mining operations in this city's Iponan River. Ban Mikhael Pacuribot, chief of the legal division of the Department of Environment and Natural Resources in Northern Mindanao Region (DENR-10), said they are in coordinating with the Bureau of Immigration for the identities of the foreigners caught in the act of engaging in illegal mining operations on May 13. "We have been receiving information from our partners in the field, but it was when we visited the area that we saw these (Chinese) nationals present there," he said.
‘Kalabasa’ noodles DAVAO CITY – Mayor Jesus Sacdalan of Alamada, North Cotabato, will be requesting the assistance of the Department of Science and Technology (DOST) to establish a processing facility to turn their "kalabasa" (squash) farm produce into nutritious "pancit canton" (stir-fried) noodles. In a Facebook post on Tuesday, former agriculture secretary Emmanuel Piñol said Alamada's farmers have complained of low prices of their “kalabasa” produce at PHP2 per kilo. Piñol said the squash processing project is expected to provide jobs to women in the community 7 and create an economic enterprise.
Tupad program BUTUAN City – At least 2,600 residents in Siargao Island stand to benefit from the twoday payout for the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program under the Department of Labor and Employment. In a phone interview Tuesday, Niel Arlan of the office of Surigao del Norte 1st District Rep. Francisco Jose Matugas II said 500 beneficiaries from Dapa town and 1,200 from Barangay Catangnan in General Luna t o w n i n i t i a l l y r e c e i ve d their TUPAD payments in separate payout activities on Monday. Each beneficiary was paid P5,250 for the 15day work and services they rendered at a rate of P350 per day, Arlan said.
IN-DEPTH
Proposed P150 wage hike not enough: KMU www.businessweekmindanao.com
Market Indicators FOREX
YOUR MINDANAO-WIDE BUSINESS PAPER
Wed-Thu | May 17-18, 2023
P15.00
By ANTONIO L. COLINA IV MindaNews
D
AVAO City — The prop os e d P150 wage increase being worked out in the Senate is not enough to help families cope with the increasing cost of basic commodities, labor group Kilusang Mayo Uno (KMU)-Southern Mindanao said on Saturday. Paul John Dizon, KMU-Southern Mindanao secretar y general, told MindaNews that their group has urged the Senate to legislate a minimum wage which is close to the current “family living wage” of P1,100 to benefit the laborers in the country. “Ang 150 pesos nga wage increase nga ginaduso dinha sa senado kay dili gyud siya matawag nga increase,” he said. He said they hope all PAPA’S GIRL. Two girls accompany their father in selling kiping, a delicacy made of cassava, in WAGE/PAGE 7 Malaybalay City. MindaNews photo by H. MARCOS C. MORDENO
Normin’s limitless bike 2 Indons nabbed in drive adventures launched By GERRY L. GORIT Reporter
LIMITLESS bike adventures await Northern Mindanao bikers and enthusiasts as the Department of tourism re g i o n a l o f f i c e 1 0 , i n collaboration with R.O.X. Philippines, successfully launched the bike NorthMin campaign program at the activity center of Ayala Centrio Mall in Cagayan de Oro City over the weekend. Regional Director Marie Elaine Unchuan expressed
her intent to champion bike tourism in the region and fully realize its tourism potential. She a ls o share d t he development of initiatives for bike tourism and the pilot bike tour circuits in Northern Mindanao. DTO-10 also introduced its first project for Bike NorthMin: the Camiguin lsle bike tour, a 64-kilometer race on the scenic island province of Camiguin on May 28, 2023.
versus illicit cigar trade
SYNDICATED behind the proliferation of counterfeit cigarettes are now becoming bolder as foreign nationals are now increasing involved in sneaking in the smuggled goods into the local markets. In a recent operation, 2 Indonesian nationals were arrested by the composite team of the Philippine Coast Guard Southwestern Mindanao and the Bureau of Immigration (BI) in Barangay Taliac, Maasim in Sarangani Province on
board a motorized vessel with smuggled cigarettes. Seized with them were 20 master cases of smuggled cigarettes identified to be Gud ang B ar u, a brand manufactured in Indonesia with an estimated street value of almost P400,000 and the estimated excise tax loss to the government is placed at P600,000. The suspects identified as Fadli Macmus and Fajar Antanari, both residents of of Tinakarang, Marore Iland,
Indonesia are now undergoing inquest proceedings for violations of the Customs Modernization Tariff Act (CMTA) and the Philippine Immigration Act. Details of their operations were not immediately known but authorities emphasized that the interception is part of the “intense, aggressive and determined effort” of the government to curb smuggling and other illicit cigarette trades in Mindanao. CIGAR/PAGE 7
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 BIKE ADVENTURES. Department of Tourism-10 regional operations of the premier director Marie Elaine S. Unchan and Edgar Ravino, property developer and real ROX-Area Manager, during estate pioneer in Davao City. the launching of Camiguin IsleAlsons bike tour the Centrio Dev isatthe real estate Ayala Mall Activity Center, Two Indonesians nabbed in a series of Mindanao-wide anti-illicit cigarette May 13, 2023. photo's by gerry lee gorit trade enforcements.
Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776