DBP approves P9.59-B fund for Roro projects

SIARGAO ISLAND, Surigao del Norte —State-owned Development Bank of the Philippines (DBP) has approved the deployment of a total of P9.59 billion for projects under its Road Roll-On, Roll-Off Terminal System (RRTS), president and chief executive officer Reynaldo David said on…

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A different kind of surfing in Siargao

To a first-time visitor, Siargao, the Philippines’ surfing capital, is a study in contrasts. Passengers disembarking from the port of Dapa after a three-hour ferry ride from mainland Surigao del Norte will immediately notice a cell site looming from a hilltop and dwarfing ho…

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High-speed Internet – on tiny Siargao

I have a dirty little secret: I am still on dial-up Internet at home. Call it pre-historic, ancient, so ’90s, but I have been on it for years. People cringe when I say I can’t browse YouTube at home because my connection is damn slow. It sounds worse than saying I have a sca…

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In 2007: Bukidnon, Mindanao's biggest earner, spender

Bukidnon topped 25 other provinces in Mindanao to have the highest income earned from local revenues in 2007 with P1.295 billion in gross income, making it also the country’s tenth biggest. Bukidnon is the only province from Mindanao to make it to the Top 10 list, according …

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Miner to spend P35 billion in Mindanao project

A MINING venture led by Australia’s Red 5 Ltd. will invest P3.5 billion to start commercial operations in a gold mine in northern Mindanao, company officials said late Tuesday. The mining permit holder Greenstone Resources Corp. will develop the 2,023.74-hectare Siana gold m…

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Philex output down

THE MINERAL output of listed Philex Mining Corp. dropped by almost a tenth last month to 648,481 dry metric tons from 705,607 in March, the miner told the Philippines Stock Exchange yesterday. Philex Mining produced 340,283 grams of gold, 1.330 million kilograms of copper a…

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Philex ups capital to P8B

Stockholders of Philex Mining Corp. have approved the plan to increase the company’s authorized capital to P8 billion from P5 billion as it prepares to develop its high-grade copper and gold mine in Surigao del Norte. Based on company estimates, it needs as much as $500 mill…

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ERC nod eyed for transition supply contracts with Mindanao utilities

State-run National Power Corporation (NPC) is seeking the approval of the Energy Regulatory Commission (ERC) for the transition supply contracts (TSCs) it inked with distribution utilities (DUs) in the Mindanao grid. The proposed rate being applied for these contracts is P2.…

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DoE opens coal exploration bidding

Done with priming up, the Department of Energy (DoE) finally opened to public bidding at least 30 coal blocks which it plans to award to qualified bidders under the 2009 Philippine Energy Contracting Round (PECR). “A total of 30 areas or coal block systems are being offered …

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DOLE brings services caravan cum jobs fair in Surigao

The Department of Labor and Employment (DOLE) Caraga Regional Office in coordination with TESDA, RTWPB, PESO, OWWA, and the private recruitment companies brought its 2-day services caravan and jobs fair to Surigao City in time with the holding of 5th Caraga Mining Summit, p…

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PGMA cancels trip to Siargao due to bad weather

President Gloria Macapagal-Arroyo cancelled yesterday her trip to Siargao Island in Surigao del Norte due to stormy weather caused by typhoon "Emong" (Chan-Hom). Inspite of the reported fair weather in Siargao Island, typhoon Emong continues to move towards Norther…

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PGMA opens 2nd Siargao International Game Fishing Tournament

PILAR, Siargao Island, Surigao del Norte – Encouraged by the enthusiastic reception by international and local anglers who participated in last year’s game fishing tournament here, this town’s local government has decided to promote Siargao Island as Asia’s game fishing cap…

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PGMA to grace Siargao's 2nd Int’l Gamefishing Tourney

Pilar, Surigao del Norte (6 May) - Preparations are now in full swing for the three-day 2nd International Game Fishing Tournament which will be held on May 7-9, 2009 in Pilar town in the island of Siargao in Surigao del Norte with no less than President Gloria Macapagal-Arr…

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Germany comes to Caraga—Delia Domingo Albert

Some of you may wonder what the Philippine ambassador to Germany is doing in this “summit.” Let me give you three good reasons: Firstly, when I was secretary of foreign affairs from 2003-2004, I encouraged Filipino diplomats to be relevant to national development through ac…

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A Success Story: “Nong Eling: the Man and his Field of Dreams”

Born on September 20, 1939 to poor parents in the backwaters of Barangay Pamosaingan, Socorro, Surigao del Norte, Felix Alatraca saw the light of day in dire surroundings. Due to poverty and inaccessibility of their school at that time, and fresh from the ruins of World war…

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