THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Tuesday, October 12, 2010

Oro Traders Laud Aquino Gov't

The Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) has rated a seven points out of ten to President Aquino on his 100 days in MalacaƱang. In their post 100-day evaluation, Oro Chamber president Ralph Paguio said that the stock market is on the upswing and the government bonds being offered were all sold, an indication of a better economic condition in the country. “This is an indication of confidence by both local and international business sectors,“ Paguio said.

Archbishop Antonio Ledesma of the Archdiocese of this city said that the President has yet to deliver what is expected of him adding that the period of 100 days is not enough. In the latest Social Weather Station (SWS) survey, 71 percent were satisfied with President Aquino while 11 percent said otherwise with a net satisfaction score of +60. In Mindanao, President Aquino got a +57 net satisfaction rating which was translated into 67 percent satisfied and 15 percent dissatis faction.

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