American, European and Japanese chambers of commerce have signed an agreement to form a Southern Mindanao Growth Corridor to open investments here in Mindanao that will serve as their gateway for the Asian market.
Speaking at the Club 888 business forum, marketing directors from various malls said the first Fun Sale hosted by the DOT increased food traffic and tourist shoppers.
The increase in power rates by distribution utilities that either operate standby power generation facilities or are buying electricity from other producers for their “peaking requirement” is not “across the board”, a director of the Mindanao Development Authority (MinDA) said.
Non-government organizations and consumer groups in Mindanao castigated government on its alleged mishandling of the affairs of the energy sector that they said only allowed corporations to dominate the field rather than being clipped of their powers to monopolize.
Five business chambers in Mindanao urged the Department of Energy to modify portion of the controversial Electric Power Industry Reform Act to prevent monopoly in the energy sector.
An electric consumers group in Davao del Norte disclosed that one of two rival managements to the electric cooperative here has been inviting an Aboitiz power company to buy into the cooperative.
City officials are bullish for more investments to pour in because prospective investors are satisfied with the city’s safety regulations.
The use of mobile phones, laptops and other electronic devices for passengers during flights will be allowed on “conditional basis” in 2014.
This partnership will bring the supermarket to around 3,000 families located in residential areas around the Tigatto-Mandug areas such as Ciudades Township, DECA Homes, Las Palmas Verdes and Altea Homes.
A lease agreement to build NCCC Choice Supermarket at Commercio Marquella at Tigatto-Mandug area was signed Friday between LTS Supermarket President Javelin Lim (2nd right) and Northbank Holdings Corp President Simeon Marfori II. The supermarket will rise next year to provide goods and services to some 30,000 residents in the area. (davaotoday.com photo by Medel V. Hernani)
