Mindanao Times » Business http://mindanaotimes.net Tue, 25 Sep 2018 16:00:42 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.25 DLPC adopts mechanisms to ensure better service http://mindanaotimes.net/dlpc-adopt-mechanisms-to-ensure-better-service/ http://mindanaotimes.net/dlpc-adopt-mechanisms-to-ensure-better-service/#comments Tue, 25 Sep 2018 16:00:38 +0000 http://mindanaotimes.net/?p=62485 ]]> The power distributor of the city, Davao Light and Power Company (DLPC), has adopted mechanisms that will help both consumers as well as ensuring the availability of supply even in the future.

In a presentation during the ‘Kuryentalks’ forum, Rodger S. Velasco, company executive vice president and chief operations officer, said the company is enhancing its moves to lower the cost of power and ensure enough supply.

“Supply optimization, strategic contracting, and competitive selection process (CSP) are our way of addressing energy equity or cost and security of the city,” said Velasco whose utility also serves the towns of Carmen, Sto Tomas and Dujali and Panabo City in Davao del Norte.

Based on its data, although the National Power Corp. (NPC), the operator of the government-run hydropower complexes in Agus and Pulangi, can supply the 424 megawatts (MW) demand of its franchise areas, Velasco said his company needs to source more to cushion the impact of lack of power in cases where the hydroelectric plants falter.

“Considering that NPC is already unreliable because of its
aging power plants and it heavily relies on hydropower which is subjected to weather patterns, with only two megawatts allowance drought occurrences our supply will dwindle down,” said Velasco, adding that the company has secured contracts with other companies.

DLPC has also existing contracts with sister companies Therma South Inc. for 105 megawatt of power as the latter is operating a coal-fired power plant, and Hedcor Inc., which operates smaller hydroelectric plants in Davao del Sur and in Tamugan. The companies are subsidiaries of the Aboitiz Power Corp.

Velasco pointed out that at present, 63% of its power is from fossil-fueled plant and the remainder is from renewable power plants. “We have to secure diverse source in order to achieve security, reliability and be sustainable,” he said

He said the company has been able to strategize that “what we do now, because there is an oversupply, we under-contract a little bit. This will lessen our cost of power because we don’t pay unnecessary fixed charges.”

At the height of the power shortage until six years ago, the company had to over-contract to ensure that its distribution area would have enough supply, he said even as the company has also a diesel-fed standby plant.

http://mindanaotimes.net/dlpc-adopt-mechanisms-to-ensure-better-service/feed/ 0
Firm, partners introduce digital solutions http://mindanaotimes.net/firm-partners-introduce-digital-solutions/ http://mindanaotimes.net/firm-partners-introduce-digital-solutions/#comments Tue, 25 Sep 2018 16:00:00 +0000 http://mindanaotimes.net/?p=62483 ]]> Globe Telecom, along with Amazon Web Services (AWS) and Trustwave, has introduced digitized solutions to address the needs brought about by modernization.

During the Globe Business Solutions launch last week, Levi
Lopez, head of Globe’s Network Technical Group Program Management Office, announced that in Mindanao, the company has intensified its investment to provide solutions to the region.

The expansion provides a more robust data network which increases the capacity of the network through building more LTE sites and expanding data coverage which amounts to almost a $1 billion, said Lopez.

Another investment is the $250 million 15,000 kilometers of submarine fiber which provides connectivity from the Mindanao to the US; and another $500 million five-year investment which aims to enhance the corporate data capabilities.

Lopez bared that in Mindanao, about 1,200 network sites are being upgraded for this year and currently, it is about 70% completed.

Lopez added that the company has also changed all the existing equipment in the Visayas and Mindanao to get the latest state-of-the-art technology equipment which is future-proof and 5G (fifth generation) ready.

“It is also capable of handling higher capacity of data, and we are on 84% completion,” said Lopez, adding that there are 271 new network sites in Mindanao that are being built to give additional capacity and additional coverage.

“For this year, we are looking at completing 87 of them,” said Lopez.

The company has grown its LTE (long-term evolution) in Mindanao by 32% on a year-on-year basis. “The reason we are doing this is because we are anticipating growth in traffic,” he explained.

The company has also built its high-security high-capacity data center in the city to support the growth in Mindanao.

Peter Maquera, company senior vice president, said the company in these innovations to continue to gain the trust of its clients. “Many have asked why are we investing for this. The Return on investment for us is your trust,” Maquera said.

http://mindanaotimes.net/firm-partners-introduce-digital-solutions/feed/ 0
DOLE grants P1.240-M to DA to empower farmers http://mindanaotimes.net/dole-grants-p1-240-m-to-da-to-empower-farmers/ http://mindanaotimes.net/dole-grants-p1-240-m-to-da-to-empower-farmers/#comments Sun, 23 Sep 2018 08:01:39 +0000 http://mindanaotimes.net/?p=62390 Read more ›]]> The Department of Labor and Employment (DOLE) donated P1.240 million to the Department of Agriculture in support of its Mag-uumang Mekaniko Program, or the farmer mechanic program, on Monday, Sept. 17.

On June 5, 2018, both departments signed a memorandum of agreement to upgrade competencies of farmer-mechanics especially in the remote farm villages of Davao Region.

The grant will provide sustainable self-employment through easy-to-learn livelihood projects.

Sixty-two beneficiaries will receive P20,000 worth of starter-kits. Each kit includes a combination wrench, T-type box wrench, thickness gauge, piston spring compressor, Phillips screw driver, flat screw drivers, socket wrench set, Allen wrench, pliers and tool box.

The starter kits will allow the farmer-beneficiaries to improve their services and to establish their own village-level repair shop.

Through the partnership of the DOLE and DA, the farmer-beneficiaries will be trained how to repair and maintain farm machinery and equipment. Training modules will be prepared by the Philippine Center for Postharvest Development and Mechanization (PhilMech). (Regina Mae Ronquillo)

http://mindanaotimes.net/dole-grants-p1-240-m-to-da-to-empower-farmers/feed/ 0
City government to intensify support for cacao http://mindanaotimes.net/city-govt-to-intensify-support-for-cacao/ http://mindanaotimes.net/city-govt-to-intensify-support-for-cacao/#comments Thu, 20 Sep 2018 16:00:06 +0000 http://mindanaotimes.net/?p=62328 ]]> The city government is looking at enhancing its support to the cacao industry to ensure its growth.

At the opening of the Davao Agri-Trade Expo at the SMX Convention Center yesterday, Mayor Sara Z. Duterte-Carpio said that the city government must strive to ensure that the city maintains its standing as the top producer of cacao in the country.

“It is our goal to be declared as cacao and chocolate capital of the Philippines,” said Duterte as based on the records of the city, it has 30 cacao consolidators, traders, and processors.

The city government has focused its resources on the establishments of fermentation and processing facilities, distribution of seedlings and solar dryers to help boost cacao industry. Along with its partners, the city government has also been training cacao producers to help them enhance the quality of their produce.

At present, the city has also about 70 cacao nurseries and operators in 38
cacao producing barangays in the city even as it is among the top areas
that produce in the country.

“We are home to award-winning chocolates and we also have the only
chocolate museum in the country,” she added, referring to the cacao museum of the Puentespina group in Malagos that was opened about a year ago.

Duterte also called on the national government to help the city develop
its cacao industry. “In order for us to become such (cacao and chocolate
capital of the Philippines), we need to continuously provide ample support
to our local cacao farmers,” she added.

In 2017, the city opened Cacao City, a one-stop shop retail store for locally grown cacao products along Palma Gil Street.

By Regina Mae Ronquillo

http://mindanaotimes.net/city-govt-to-intensify-support-for-cacao/feed/ 0
17 resolutions passed during Minbizcon: exec http://mindanaotimes.net/17-resolutions-passed-during-minbizcon-exec/ http://mindanaotimes.net/17-resolutions-passed-during-minbizcon-exec/#comments Wed, 19 Sep 2018 16:00:07 +0000 http://mindanaotimes.net/?p=62306 ]]> The organizers of the 27th Mindanao Business Conference (MinBizCon) passed 17 resolutions during the holding of the event in Tagum City, Davao del Norte.

Virgilio C. Agunod, during the weekly Wednesdas@Habi at Kape –Abreeza, said that the leaders of the Mindanao business sector submitted a copy of the resolutions to President Rodrigo Duterte, who was represented by Secretary Abul Khayr D. Alonto of the Mindanao Development Authority (MinDA).

Alonto who was the guest speaker during the closing ceremonies of the event.

Agunod said: “(The) resolutions are among the most important achievements (during the) Minbizcon as they are from ll over Mindanao.”

On agriculture, the business sector the Caraga Region urged the Bureau of Fisheries and Aquatic Resources (BFAR) to conduct research on the decrease of tuna catch. Another resolution requested the agency to stop the smuggling of high value aquamarine products in the ports and to promote the use of advanced technologies to support the development of Caraga’s high value aquamarine products.

The region also urged the Department of Environment and Natural Resources (DENR) shall strictly implement policies on illegal logging and adopt the modified reforestation mechanism for the region by propagating fast growing species.

Eastern Mindanao investors also requested the repair of the major road to Surigao Airport and eco-tourism spots.

The region also appealed to government to lift the moratorium on open-pit mining and for mining companies to operate processing plants to encourage value-adding instead of merely exporting raw materials.

Traders from Northern Mindanao called on government to immediately draft the implementing rules and regulations of the Ease of Doing Business Act of 2018. Tagum City, Agunod pointed out, can be a model in ensuring that there is ease in doing business as investors, as long as their documents are in order and complete, need only to complete three steps in their registration.

“In Tagum, you don’t have to go to several places because your paper will. The transaction for registration does not take an hour if you have all the documents,” he said.

The business sector of the same region also urged the Department of Interior and Local Government (DILG) to educate the local government units of the region on the Public-Private Partnership scheme and for the National Economic Development Authority (NEDA) to include local chambers of commerce as part of the infrastructure committee of the Regional Development Council.

The same region also requested the Department of Transportation (DOTr) to prioritize the expansion of the Laguindingan Airport within five years.

Those from Western Mindanao, meanwhile, requested the Philippine Contractors Accreditation Board (PCAB) to relax its rules to enable small contractors to participate in government bidding for infrastructure projects in Mindanao.

The traders of the Zamboanga Peninsula also called on the government to upgrade their ports.

On electricity, North Cotabato traders requested the National Grid Corporation of the Philippines (NGCP) to accelerate the upgrading of the Tacurong-Sultan Kudarat Power transmission system in order to stabilize the power in both areas.

The traders from Marawi also called on government to fast-track the rehabilitation of the city, which was devastated by the armed conflict between the government and the so-called terrorist group, and implement immediately the shelter houses program as well as provide financial support to traders and help establish trading centers.

Southeastern Mindanao traders, hosts of the event, pushed for the lowering of corporate income tax rates as well as rationalize fiscal incentives in the proposed second part of the Tax Reform for Acceleration and Inclusion proposal.

http://mindanaotimes.net/17-resolutions-passed-during-minbizcon-exec/feed/ 0
3 job fairs to be held http://mindanaotimes.net/3-job-fairs-to-be-held/ http://mindanaotimes.net/3-job-fairs-to-be-held/#comments Wed, 19 Sep 2018 00:51:58 +0000 http://mindanaotimes.net/?p=62273 ]]> The Department of Labor and Employment (DOLE) Region XI and the Public Employment Service Office (PESO) will holds three jobs fair to help the construction industry, said Councilor Antoinette Principe.

Principe said the events will ensure that Dabawenyos are prioritized in the hiring process. “Providing employment and livelihood opportunities for the people of Davao has always been in the government’s agenda,” she added as the first event will be at the Gaisano Mall of Toril atrium tomorrow, Thursday.

The second will be on October 12, at the Calinan Gym from 8 a.m. to 5 p.m. and the last leg is set on November 16 at 8 a.m. to 5 p.m. at the Mintal Gym.

Principe said about 25 local employers and 10 foreign ones are expected to join the events.

“I hope these job fairs will provide Dabawenyos the chance of landing stable jobs,” Principe said.


http://mindanaotimes.net/3-job-fairs-to-be-held/feed/ 0
OFFICIAL: Singapore strategic for fruit producers http://mindanaotimes.net/official-singapore-strategic-for-fruit-producers/ http://mindanaotimes.net/official-singapore-strategic-for-fruit-producers/#comments Wed, 19 Sep 2018 00:50:51 +0000 http://mindanaotimes.net/?p=62271 ]]> Singapore has become a strategic market for local exporters, among them durian producers, officials said.

John Carlo B. Tria, vice president of the Davao City Chamber of Commerce and Industry, said that local producers have started exporting durian to Singapore.

Because of this, Tria said, the business group has started a campaign to plant varieties that are attractive to buyers not just in Singapore, but also the local market as demand for the fruit has been growing.

Tria said the Singapore market has been lucrative as it has also been one of those wanting to source more fruits from the city, not just durian. “If it sells in Singapore, it also means that the quality of the products is high because Singapore has strict standards in terms of exporting food,” said Tria, adding that in Southeast Asia, “Singapore is like the hub where many buyers from different countries taste the merchandise before they make their orders.”

The good thing, he added, is that there is a direct flight between the city and Singapore that the fruit producers are able to take advantage of.

“This is a great opportunity that helps diversify the export potential of our agri-producers,” said Tria.


By Regina Mae Ronquillo



http://mindanaotimes.net/official-singapore-strategic-for-fruit-producers/feed/ 0
Campaign to promote cacao launched http://mindanaotimes.net/campaign-to-promote-cacao-launched/ http://mindanaotimes.net/campaign-to-promote-cacao-launched/#comments Tue, 18 Sep 2018 01:31:05 +0000 http://mindanaotimes.net/?p=62236 ]]> The Department of Agriculture Region 11 has launched its campaign to enhance the image of the cacao industry.

Using the hashtags “Stortelling, #CacaoDavao Experience,” Cherry Mae D. Palicte of the agency said the campaign is aimed at promoting the industry as the reigon is considered the capital of the country in terms of production being the source of 80% of total volume that the country produces annually.

“This time we are conducting our own social media campaign (for cacao),” said Palicte, adding that previously the regional office was only into supporting the campaign for the rice industry.

Among those who joined in the launching of the campaign on August 9 at the Apo View Hotel were industry stakeholders and agency officials like Regional Director Ricardo M. Oñate Jr., and Undersecretary Evelyn G. Laviña.


The campaign has drawn several participants, among them Ram Villano dela Cruz whose father is Baracatan’s renowned producer of grafted cacao and seedlings. Another entry was that of Cha Sunga of the Bureau of Plant Industry also shared her story of nostalgia from her childhood as she came across the cacao field.

To end on November 15, the first prize winner will receive P20,000 while others will also receive consolation prices.

http://mindanaotimes.net/campaign-to-promote-cacao-launched/feed/ 0
Aboitiz firm to introduce solar panels to Mindanao http://mindanaotimes.net/aboitiz-firm-to-introduce-solar-panels-to-mindanao/ http://mindanaotimes.net/aboitiz-firm-to-introduce-solar-panels-to-mindanao/#comments Tue, 18 Sep 2018 01:28:54 +0000 http://mindanaotimes.net/?p=62234 ]]> An Aboitiz subsidiary is hoping to corner a sizeable market for its solar rooftop solutions to lure more companies and even households to adopt renewable energy sources.

Jose Rafael R. Mendoza, Aboitiz Distributed Energy Inc. general manager, said last week that the company, which has started selling its solar panels in Luzon and the Visayas, is entering the Mindanao market with the optimism of adopting new renewable sources of energy to help preserve the environment.

“There is an increased awareness in environmental issues (like) climate change (that are) very relevant today,” said Mendoza last week when he presented the new power product of the Aboitiz Power Corp. in the annual Mindanao Business Conference in Tagum City, Davao del Norte.

In his presentation during the event, Mendoza said with the entry of his company in the local energy market, customers are also provided with another source of power that will make them not rely on the local distributors.

These solar rooftop solutions have a 25-year system and do not use batteries, help customers reduce power needs from the distributors even when their peak demand stays, the smart investors blend well between the power sourced from the distributors and the solutions, and customers can secure net metering if they use less than 100 kilowatts or if more than the 100 kilowatts, grid standards are followed.

Under Renewable Energy Act of 2008, net metering allows a customer to sell to the grid the power that is not being used as a result of the installation of solar panels. This allows customers to save as a result.

Romeo M. Montenegro, Mindanao Development Authority (MinDA) deputy executive director, told the TIMES that the entry of the Aboitiz group into the solar panel industry “will provide another renewable source for people who want to help rehabilitate the environment.”

“This is a welcome initiative because those who want to install solar panels will now have another source for it,” said Montenegro, also the MinDA point person in relation to power issues.

The agency has been among those pushing for the continued development of renewable sources of energy through its one-stop facilitation and monitoring center, a platform that helps and monitors the implementation of renewable energy projects in Mindanao.

Mendoza added that the new source is “part of our (Aboitiz Power Corp.) commitment to balance our energy mix (between renewable and fossil-fueled sources).”

At present, the group has about 3,000 megawatts in capacity with about 30% of it is sourced from its 30 renewable energy plants.

In Mindanao, the company is expected to increase its renewable energy portfolio late this year to about 130 megawatt with the operations of Hedcor’s 68.8-megawatt plant in Manolo Fortich, Bukidnon.

http://mindanaotimes.net/aboitiz-firm-to-introduce-solar-panels-to-mindanao/feed/ 0
More Chinese investors interested in Mindanao http://mindanaotimes.net/more-chinese-investors-interested-in-mindanao/ http://mindanaotimes.net/more-chinese-investors-interested-in-mindanao/#comments Tue, 18 Sep 2018 01:27:45 +0000 http://mindanaotimes.net/?p=62232 ]]> More Chinese investors have expressed interest in Mindanao even as a delegation arrived here last week as a leader of the foreign country acknowledged the growth potentials of the island.

Romeo M. Montenegro told the TIMES yesterday that the delegation visited his office last week as they wanted to be briefed about the investment potentials of the island.

“We hope they will eventually invest in Mindanao as they are eager to explore its potentials particularly in agriculture,” said Montenegro, adding that his office has been trying to reply to inquiries from foreign investors, among them those from China.

Also last week, the top official of the Chinese government in the city, Consul General Li Lin, told business representatives that he has been actively inviting investors from his country to look for opportunities in Mindanao.

The Chinese government is setting up its consular office here as it is scheduled to open before the end of the year.

In his speech before the Mindanao Business Conference in Tagum City, Davao del Norte, Mr. Li took note of the improving relationship between his country and the Philippines as their respective leaders, China’s Xi Jinping and Philippines’ Rodrigo R. Duterte, have become friends.

“We have already experienced turn-around (in relationship between the two countries) and consolidation. This year will be a year of improvement,” said Li, pointing out that this enhanced relationship will result in more cooperation between the two countries and their peoples, the investors included.

He said his office has been promoting Mindanao to Chinese companies. “Mindanao is facing a rare opportunity of (economic) growth,” he said, pointing out that the world has paid attention to Mindanao because of the leadership of Mr. Duterte, the first Philippine President to come from Mindanao.

Another good factor in investing in Mindanao is the passage in July of the Bangsamoro Organic Law which, Li said, “will bring the dawn of safety and security of the region (Mindanao).”

The new law will eventually replace the Autonomous Region in Muslim Mindanao (ARMM) as part of the solution defined in the peace agreement that the Philippine government signed with the Moro Islamic Liberation Front in March 2014.

Li added that another added advantage in investing in Mindanao in the future, is the eventual implementation of federalism which may even attract investors, either local or foreign.

Mindanao, he added, must also continue to enhance its role in the Brunei-Indonesia-Malaysia-Philippines-East Asean Growth Area as Chinese investors are also looking at investing in the Association of Southeast Asian Nation sub-region.


http://mindanaotimes.net/more-chinese-investors-interested-in-mindanao/feed/ 0