THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Friday, September 23, 2011

OroChamber urges Cagayan de Oro City police to beef up security | Sun.Star

OroChamber urges Cagayan de Oro City police to beef up security | Sun.Star

Philippine Markets: 23 September 2011

23 September 2011
USD/PhP:    43.825      (as of 12:00pm)   PSEi:       3885.96     - 210.14
USD/JPY:    76.29             PFINC:             887.91           -   52.23
EUR/USD:    1.3494                  BDO:                48.50
-   4.15
GBP/USD:    1.5407                  BPI:          53.90      -   1.20
PDSTF3M:    4.1944                  MBT:           62.05           -   5.85
Prices as of  4:00pm                Source: Bloomberg, Reuters
Philippine Interest Rate Outlook
Secondary market rates moved higher again  this week still on risk aversion
worries arising from the Euro zone.
Continue to expect interest rates to remain volatile in the near-term .
Philippine Equities Outlook
Local shares dropped anew  by 9.5 percent week-on-week to 3885.96 as global
investors are shaken by the uncertainty that persists in the global economy
arising from the twin towers of terror (USA and EURO woes).
Chartwise, the week's close at 3885.96 signals that the bear are in
control.  Near-term support is at 3,800 levels.  A break of the said level
could call for further
tests of the 3,600 levels.  Any pullback, if any is limited towards the
4,000 levels.
Philippine Peso Outlook
The local currency depreciated for the fourth straight week to 43.825 (As
of 12:00pm) as the dollar continued to strengthen against major currencies.
Rising global risk averison caused investors to flock to the the safety of
the US dollar.
Chartwise, the break of the 43.60 levels this week is a clear manifestation
that the near-term trend has shifted in favor of the dollar bulls.
Near-term target is seen between the 44.00 - 44.50 levels in the week
ahead.  Any pullback, if any is limited toward the 43.60-43.70 levels. With
the recent break of the 43.60 levels, minor adjustments have to be made.
Most likely we could end the year near the 43.80- 44.00 levels as against
our original forecast of 41.70
BDO UNIBANK, INC.
Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Friday, September 16, 2011

Scheduled NGCP Power Interruption on Sunday, September 18, 2011

CAGAYAN ELECTRIC POWER & LIGHT CO., INC

Important Notice to CEPALCO Customers
Subject: Scheduled NGCP Power Interruption on Sunday, September 18, 2011

The Cagayan Electric Power & Light Co., Inc. (CEPALCO) would like to inform all customers that the National Grid Corporation of the Philippines (NGCP) has advised CEPALCO that power supply will be interrupted on September 18, 2011 as shown below:


Reasons:
NATIONAL GRID CORPORATION OF THE PHILIPPINES (NGCP) WILL CONDUCT ANNUAL PREVENTIVE MAINTENANCE WORKS OF THE 100-MVA POWER TRANSFORMER AND ITS ASSOCIATED HIGH VOLTAGE EQUIPMENT AT THEIR TAGOLOAN SUBSTATION. TO MAKE USE OF THE INTERRUPTION, CEPALCO WILL CONDUCT LINE MAINTENANCE WORKS ALONG THE NATUMULAN-CAGAYAN 69KV LINE. TO REDUCE THE IMPACT OF THE SAID INTERRUPTION, CEPALCO WILL SHIFT THE SUPPLY OF CAMAMAN-AN, CARMEN & PUEBLO SUBSTATIONS TO ANOTHER SOURCE AND MINERGY WILL BE SYNCHRONIZED TO THE GRID TO PROVIDE SUPPORT.

Date:

Sunday, September 18, 2011
A. Interruption Time:
6:00 AM – 6:00 PM (12 hours)

Affected Areas:
M3 - NPC NATUMULAN (TAGOLOAN-CAGAYAN 69-KV CIRCUIT):
1.      Del Monte Philippines, Inc., Bugo
2.    Cagayan de Oro Oil Company, Tablon
3.    Cagayan Corn Products, Tablon
4.    Mitimco, Baloy
5.     Gaisano City, Recto Ave.
6.    Lim Ket Kai Mall, Lapasan
7.     Lim Ket Kai Plant, Puntod
8.    Nestle Philippines, Inc. Tablon
9.    Alwana, Cugman
10.HCH Corporation, Tagoloan

PORTIONS OF CHARLIE FEEDER # 4:
1.      Along JR Borja Extension from Macajalar Road up to Cronin Village, Camaman-an including Jamesway Hatchery.
2.    Along Recto Ave. from Corrales Avenue towards Maharlika Bridge.
3.    Medical Center area along and bounded by Capistrano St., Echem St. up to corner Akut St., Apolinar Velez St., and Recto Ave.(UCCP side), including all of Consolacion.
4.    All of RER Subdivision Phases I & 2 including Dolores compound; towards RTMI Motorpool along Maharlika Highway; including all of NHA-KSS Subdivision and portion of Bayabas near Manila Broadcasting Radio Station to Capisnon area.
5.     Greater part of Bulua from Bulua Rotonda towards all of Iponan.
6.    Greater part of Patag including Calamansi Drive, Apovel subdivision, Terry Hills subdivision and Anhawon, Bulua area.

B. Interruption Time:
6:00 AM – 10:30 AM (4 hours & 30 minutes)
4:30 PM – 6:00 PM (1 hour & 30 minutes)

Affected Areas:
CHARLIE FEEDER # 1 AREAS:
1.      Greater portion of the City Poblacion along and bounded by Hayes St., Mortola St., JR Borja St. including Sotero Daumar St. up to corner JR. Borja St., Aguinaldo St. up to corner Justo Ramonal St.
2.    Along Pabayo St.; including portions of Cayetano Pacana St., JR Borja St., Gomez St., C.Taal St., Tirso Neri St., Abejuela St., Hayes St. and Gaerlan St. from Pabayo St..
3.    Hayes St. from corner Apolinar Velez St. towards City Hall area & Burgos St., along Toribio Chavez St. from Burgos St. up to Tiano Bros. St. - including portions of Tiano Bros. St., Rizal St., Capistrano St. from Hayes St. and Dolores St.
4.    Along Burgos St. from Toribio Chavez St. up to corner Gomez St. including portions of Abejuela St., Tirso Neri St., Cruz Taal St. and Gomez St. from Burgos St.
5.     Surroundings along Mabini St. from corner Apolinar Velez St. towards Capistrano St. up to corner Gomez St. including portions of Tiano Bros. St. from Mabini St.; Yacapin St. from Capistrano St. towards Burgos St.; and; Cayetano Pacana St., JR Borja St. and Gomez St. from Capistrano St.
6.    Along Pabayo and Tomas Saco Streets from Dolores towards Clementino Chaves St. up to 15th-26th St., Nazareth.
7.     Greater portion of Macasandig, all of Tibasak and Taguanao.

CHARLIE FEEDER # 2 AREAS:
1.      Portions of Toribio Chavez St. from Corrales Ave. up to Tiano Bros. St. including portions of Apolinar Velez St from Hayes St.
2.    Along Hayes St. from Camaman-an towards Capt. Vicente Roa St. up to corner Justo Ramonal Ext., including Pinikitan, Adela, Balangiao area, Quirino St. and Yacapin Ext.; portions of Macasandig, XU Grade School areas.
3.    Along Justo Ramonal Ext. from Sto. Niño, Cogon towards Capt. Vicente Roa St., Ramon Chavez St. up to Corrales Ave. corner Antonio Luna St.; Domingo Velez St. & Yacapin St., JR Borja Sts between Capt. Vicente Roa St. and Mortola St.(PNB/Everbest) towards Daumar Sts. to Yacapin Ext. up to Doña Nieves St.
4.    Along Corrales Ave. towards FICCO, Nazareth, including Yacapin Street Towards Capistrano St.,
5.     Greater portion of Nazareth; greater portion of Ramonal Village. From Hayes-12th Sts up to Tomas Saco-14th Sts. ,Tomas Saco-6th Sts.,14th-21st Sts., and 15th-21st Sts.

PORTIONS OF CHARLIE FEEDER # 4 AREAS:
1.      Portions of Camaman-an near and including towards Manto to the San Jose and St. Vianney Seminaries, greater portion of Camaman-an proper towards Bontong, Bolonsori up to Upper Camaman-an and Hayes Subdivision including Tipolohon and Allegria Subdivision.
2.    Part of Limketkai Center, Lapasan including Mc Donalds, PNB and Allied Bank.
3.    Along Recto Ave. from corner Agora Road towards Corrales Avenue including Coca-Cola Plant; portion of Antonio Luna St. towards all of Mabulay Subdivision including portion of the Provincial Capitol and Northern Mindanao Medical Center (NMMC) Area.
4.    Agora Market area including Gaabucayan St. and portion of Lapasan.
5.     Corrales Ext. from Gaabucayan St. towards most of PPA area.
6.    Julio Pacana St. from Recto Avenue towards all of Macabalan area.

PUEBLO FEEDER # 2 AREAS:
1.      Portion of Upper Carmen, Upper Balulang and all of Brgy. Lumbia including; PNR Sawmill, Shop and transmitter; Pueblo de Oro, Camella Homes, Xavier Estates, Xavier Heights, Xavier High School, La Buena Vida, Frontiera and Montana subdivisions; CAA-BAT Lumbia Airport & Rio Verde including Nanuri School.

C. Interruption Time:
6:00 AM – 6:30 AM (30 minutes) Switching works
5:30 PM – 6:00 PM (30 minutes) Switching works

Affected Areas:
CARMEN FEEDER # 3 AREAS:
1.    Portions of Carmen: along vicinities of Villarin St. towards portion of Canitoan-Pagatpat Road, including St. Mary’s Academy (formerly Cathedral School of Technology), Golden Village, City Hospital-DOH Area, COWD reservoir and Seriña St. from Villarin St. down to Madonna and Child Hospital.
2.    Max Suniel St. from Villarin St. down towards portion of Mabolo St.; including Matilde Neri St., Dabatian St. and COC-Phinma area and portion of Lirio St. area.
3.    Portions of Upper Carmen towards Dagong including SM CITY; PRYCE HOTEL; SPUM & SEARSOLIN.



Power will however be restored immediately without further notice
when maintenance works of NGCP and CEPALCO are completed earlier than scheduled.

We hope the affected customers and the public in general will be guided by this announcement. Thank you.




Released by:
Ms. Marilyn A. Chavez
Senior Manager
Customer & Community Relations Dept.


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