Category Archives: Selling Your Home

Tablon power plant to use coal: official

Goldstar Daily News
Lito Rulona

IS it going to be a coal-fired power plant or not?

When the city council gave the Cagayan de Oro Corn Products Inc. the green light to construct and operate a power plant in Tablon, it was because of a supposed assurance that the firm would not be using coal.

But a barangay councilor in Tablon said the six-megawatt power plant would be coal-fired in times when the supply of biomass are insufficient or not available.

Tablon barangay councilor Angelo Pomar revealed this on local radio even as he vouched that a public consultation was made in his village before the barangay council gave the firm the go-ahead.

Pomar’s pronouncement contradicted Councilor Zaldy Ocon’s claims.

Ocon, chairman of the city council’s environment committee, said he endorsed the project before the city council after the firm’s lawyer Arnold Barba assured in writing that the power plant would not be coal-fired.… Continue Reading ...

BIR hikes zonal values in key cities

April 23, 2015
Manila Bulletin
Jun Ramirez

The Bureau of Internal Revenue (BIR) has increased the zonal value of real estate properties in selected areas in Metro Manila and elsewhere to hike and collect the right amount of capital gains tax (CGT) and documentary stamp tax (DST).

Finance Secretary Cesar Purisima approved the recommendation of BIR Commissioner Kim. S. Jacinto-Henares to adjust the value of properties to a more realistic level.

They included properties located in Quezon City, San Juan, Rizal province as well as those in certain areas in Mindanao.

BIR insiders described the adjustment as timely since the last zonal valuation update was made 10 to 15 years ago, especially those in the provinces.

Revenue regional officials together with local assessors, treasurers, independent appraisers as well as landowners and developers decide on how much the zonal value should be hike.… Continue Reading ...

Cotabato City’s P20-million halal slaughterhouse nears completion

April 14, 2015
BusinessWorld Online

The Department of Agriculture (DA) said in a statement yesterday that the facility, the first of its kind in the Philippines, is nearing completion.

The slaughterhouse will have a capacity of 15 head of cattle, 10 carabao and 40 goat every hour.

Funded through DA’s Livestock Development Program, the slaughterhouse is expected to supply halal products for both Muslim and non-Muslim consumers in Cotabato, Central Mindanao and other neighboring areas.

The abbatoir is currently rated an “AA” slaughterhouse and the DA is planning to acquire other equipment like a cold storage facility to upgrade its rating to “AAA.”

“An ‘AAA’ slaughterhouse can be accredited to process meat for export,” the DA said.

Agriculture Secretary Proceso J.… Continue Reading ...

Davao Oriental sets up oil palm dev’t program

BusinessWorld Online
Carmelito Q. Francisco
February 25, 2015

DAVAO CITY — Davao Oriental province is edging into oil palm production, starting off with the development of 1,500 hectares of farms previously planted to coconut that were devastated by typhoon Pablo (international name: Bopha) in December 2012.
P5 million was initially allocated by the provincial government to set up the Davao Oriental Oil Palm Industry Development Project as part of the local agricultural program.

Provincial Agriculturist Rotchie M. Ravelo said oil palm has been assessed to be suitable for the appointed farm lands and a more secure crop option for these areas which have been dependent on coconut before the typhoon, the strongest to hit the Davao Region in 30 years.

An estimated six million coconut trees were destroyed by typhoon Pablo, mostly in Davao Oriental and Compostela Valley.… Continue Reading ...

Saving lake ‘Ranao’

January 25, 2015

MARAWI CITY – Lanao del Sur is one of the poor provinces in the country where electricity has been deprived from most households surrounding the lake, yet it is home to Mindanao’s main source of power – the majestic Lake ‘Lanao.’

The challenge to keep it to sustain life and culture is formidable.

The lake straddles 19 municipalities of Lanao del Sur. It has been a source of livelihood and water by the people living around the lake.

The lake is the identity of the Meranaw people.

Prof. Pandao Bula, special assistant of the Office of the Vice Chancellor for Research and Extension (OVCRE) of Mindanao State University (MSU) in Marawi, recalled one theory on how the lake came to be.… Continue Reading ...