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Volume IV, No. 95
Market Indicators
As of 5:54 pm Apr. 29, 2014 (Tuesday)
FOREX
PHISIX
US$1 = P44.50
6,632.73 points
1 cent
X
28.38 points
X
Briefly Davao-Australia flights
Wednesday | April 30, 2014
DAVAO City -- The American Chamber of Commerce in the Philippines (AmCham) Davao Chapter is proposing Australia-Davao flights. “Flights from Australia to Hong Kong and vice versa fly over Davao, but no one has looked at the possibility of convincing [the airlines] to land here,” said Philip S. Dizon, president of AmCham-Davao. Arturo P. Boncato, assistant secretary of the Department of Tourism, said the government is pushing for more international flights to Davao, not only to promote tourism but also to decongest the Ninoy Aquino International Airport in Metro Manila.
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By CARMELITO Q. FRANCISCO Correspondent
HE Mindanao chapter of the militant labor group Kilusang Mayo Uno has reiterated its push for a P125 legislated wage increase as the country joins the world in marking Labor Day on May 1.
hike/PAGE 11
Oro solon says US military presence in PHL necessary By CRIS DIAZ of Mindanao Daily News
THE presence of the US m i l it ar y forc e s i n t h e Philippines is necessary as a defensive response to thwart possible incursion by other countries on the country’s territory. Rep. Rufus Rodriguez, a veteran lawmaker from Cagayan De Oro City, made the statement on Monday saying he favored the presence of the US military forces in
Asean integration T A G UM Ci ty -- D a va o del Norte is aligning its development plans in light of the Association of Southeast Asian Nations’ (ASEAN) economic integration and foresees opportunities for its highvalue crops such as banana, mango, coffee, rubber and cacao. “These products are grown in commercial quantity in the province, including oil palm,” said Romulo D. Tagalo, assistant provincial administrator. The province’s major crops have entered the export markets through the years, indicating that Davao del Norte can compete favorably under an ASEAN open market system. Governor Rodolfo P. del Rosario said the province has started making the vital preparations to ensure competitiveness when the ten-member ASEAN integrates its markets next year.
P15.00
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the Philippines in time for the visit of US President Barack Obama in Manila. Rodriguez said that there is a need for the Philippines to review the US-RP Mutual M i l it a r y D e f e n s e Pa c t Agreement to pave the way for the redeployment of the US forces in the Philippines. There is no hindrance on the plan to allow the US necessary/PAGE 11
Foreign biz groups ink pact for econ growth in M’danao By JOEY SEM G. DALUMPINES Contributor
SOLAR-POWERED. Residents pass by a solar-powered street light in Timanan, Souh Upi, Maguindanao last Sunday. The street light is a great help to the residents of this remote village, especially at night. mindanews photo by geonarri solmerano
DAVAO City -- The heads of foreign chambers of commerce and industry in Davao Region formally signed an agreement early today to host the Southern Mindanao Growth Corridor Investors’ Forum on September 19 to explore more investment opportunities in the island
following the signing of the Comprehensive Agreement on the Bangsamoro last month. Heads of the American Chamber of C ommerce in the Philippines, Davao Chapter, Japanese Chamber of Commerce in Mindanao growth/PAGE 11
Safety of NGCP transmission lines one the causes of frequent PLANTING of trees under EDITORIAL power tripping or brownouts. transmission lines, towers Several cases of these have and right-of-way (ROW) clearances is prohibited according to the been reported in some areas of Lanao del National Grid Corporation of the Philippines Norte and Western Mindanao. Alabanza said NGCP lines carry very (NGCP). NGCP Corporate Communications high voltage power. Thus, violations of their head, Atty. Cynthia Albanza, said it is ngcp/PAGE 11
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Mini-chapel up soon at Davao’s Home for the Aged DAVAO d e l No r t e — Department of Social Welfare and Development (DSWD XI) regional director Priscilla Razon and Davao Del Norte Vice Governor Victorio Suaybaguio lay the time
capsule on Thursday to mark the start of the construction of the mini-chapel of the DSWD Home for the Aged. The chapel is a gift from the Association of Friends Aged/PAGE 10
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DOH-PhilNos urges organ donation, transplantation By JASPER MARIE OBLINA-RUCAT Contributor
THE Department of Health – Philippine Network for O rg an Shar i ng ( D OH PhilNOS) in their strategic planning workshop conducted here aimed to come up with the best plan to encourage the public in deceased organ donation and transplantation. According to Dr. Antonio Paraiso, program manager for DOH-PhilNOS, there are 23,000 dialysis patients in the country and half of them are excellent transplant patients. He said that once a person dies, his or her organs are still functioning. There is a specific period after death that organs can be survived and used again on another
person in need. However, he said that “Kaunti lang ang gustong magpa transplant; 100 plus lang of the total ang gustong magpa transplant. Gusto nila, buhay na donor.” (Only a few want to undergo transplant. Only 100 plus of the total wants to undergo transplant. They want a living donor.) He said there are two types of donors, the living and brain dead donor. The living donor may be a Living Related Donor (LRD) up to 4th degree consanguinity or a Non-Related Living Donor (NRLD) not related by blood but willing to donate based on certain reasons such as the husband or wife, friend and others which could fall
to voluntary and commercial donors. Meanwhile, brain dead donors are those that passed away through head injury, stroke or accident among others. Dr. Paraiso explained though that the donation is not done by the dead but the next of kin after he is dead. However, through their Lifeline advocacy, anyone who wishes to donate their organs after they pass away
may do so now. They must apply, request and fill up a form from PhilNos at philnos.doh@gmail.com. Once they are approved, they will be given a Lifeline donor card. Dr. Parais o s ays a l l Lifeline donor card owners are automatically included in the master list of potential organ donors and a priority when they are also in need of donors.
601 students avail summer job in MisOr MISAMIS Oriental – Some 601 students in Misamis Oriental have availed of the province’s summer job program this year. Provincial Governor Yevgeny Vincente Emano said on Friday that the students who availed of the summer job program came from various schools in Misamis Oriental. He said that the students are now engaged in various community based activities in various barangays and municipal towns in the province. Emano said that the
summer job program is one way of helping parents to raise funds for the enrolment in school year 2014-2015. He said that the summer job would also remind the youth on work ethics that would pave the way i n d e vel opi ng p o s it ive personality. “These young people chose to ingrain positive influences in their communities. I hope that their desire to become role models shall be carried out in their adult lives and be part in nation building,” Emano said. summer/PAGE 10
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AMENITIES : ZORBIT * ATV * TREE TOP ADVENTURE BUGGY * BUNGEE * PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM ACCOMODATIONS
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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY
AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274
METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057
ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893
METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162
BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075
METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721
BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637
METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924
BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796
METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731
BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405
METRO BANK- GAISANO 8561720
BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN
CM Recto Ave. Lapasan, Cdoc, 8563991/727731
BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602
PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK
Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723
PNB- LKK MALL NORTH CONCOURSE
LKK Mall N.Concourse Cdoc 8574149/8575682
PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992
BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406
PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438
BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263
PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184
BPI- COGON Osmeña St. Cdoc 8571297/8571298
PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386
CHINA BANK –GAISANO 745887/745880
QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390
CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366
RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.
#58 Tiano FernandezSt.CDO 727215/ 8563552 *805
DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649
SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774
DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819
SECURITY BANK- LKK Limketkai | 8801258/8801625
EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081 EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331 ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415
CorporateWorld
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino
Holcim warns of price hike THE local unit of Holcim has warned of higher prices, as sales accelerated on the back of strong demand for construction, allowing the cement maker to pocket a double-digit increase in earnings in the first quarter. In a press br ief ing, Holcim Philippines Inc chief executive officer Eduardo A. Sahagun told reporters that first-quarter profit came in at P1.67 billion, a 16.8 percent increase from a year ago’s P1.43 billion. This as revenue climbed 12.3 percent to P8.05 billion from last year’s P7.17 billion. “ This ye ar we g re w more than the industry. The industry grew nine percent. We grew faster because of the work we’ve done on several of our plants became successful and that now we are feeling the ability of our plant to supply,” Sahagun said. The cement industr y grew nine percent in the first quarter with demand for cement hitting 19.5 million metric tons. Full-year growth is forecast at 5-8 percent. “A nine percent growth is a two million ton increase
kung ma-sustain in one year,” Sahagun said, adding that this doesn’t factor in publicprivate partnership (PPP) projects in the pipeline. “As you know infra today,
they have brought it to three percent of GDP or around P404 billion. [Government] said they will bring it to five percent -- P800 billion -- that will favorably impact on the
industry,” he said. Sahagun however acknowledged that growth accelerating to the high double-digits would not bode holcim/PAGE 10
Officers of AboitizPower subsidiary Therma Marine join educators from Amontay Elementary School in Nasipit, Agusan del Norte for the groundbreaking of a twoclassroom AGAPP Silid Pangarap Building. Therma Marine, which operates two power barges in Nasipit and Maco, Compostela Valley has built a total of 14 AGAPP classroom buildings since 2011. Leading the ceremony are Nasipit Vice Mayor Dick Carmona (third from right) and Therma Marine president and COO Jovy P Batiquin (second from right). They are joined by principal Milagros Caseres and Therma Marine officers Jan Risager and Paquita Rafols.
3 DAY SALE AT SM The BIGGEST SALE in town is back! Catch SM City Cagayan de Oro’s 3-Day Sale on May 2 from 9am to 10pm and May 3 and 4 from 10am to 10pm!
Enjoy as much as 70% off on great selections mallwide and get a chance to win 1 of 2 Suzuki Shooter 115 Fi. Every P 500 single or accumulated purchase gives
you a chance to win. Get 1 additional coupon when you buy 1 set of SM Eco Bags and 3 additional coupons when you show your Global Pinoy card.
S M Ad v a nt a g e , S M Prestige, and BDO Rewards cardholders can take extra 10% off on May 2 from 10am to 12nn during the 2 Hour Special at The SM Store, Ace Hardware, Our Home, Adidas, Surplus, Toy Kingdom, SM Appliance and Watsons. Plus, update your summer look with The SM Store’s Summer Crazy Deals and take up to 70% off on selected items from April 30 to May 4. What’s more? Catch ABSCBN’s Yves Flores on May 3 and Nash Aguas on May 4 at 4pm. All these and more are happening only at SM City Cagayan de Oro on May 2 to 4!
SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632 STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168 UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527
Yves Flores
UCPB BANK SAVINGS-CAPISTRANO
Capistrano Corner CruzTaal St. CDO 8524099/722695
UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242
Nash Aguas
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CEB flies 3.74 million passengers in Q1 2014 Posts 6% systemwide passenger growth The Philippines’ leading carrier, Cebu Pacific (PSE: CEB) flew 3.74 million passengers from January to March 2014, an increase of about 6% over 3.5 million passengers flown in the same period last year. CEB attributed its passenger growth to increased presence in key markets, strategic seat sales offering the lowest possible fares, and continuous network expansion. “With the recent lift of the EU ban and the FAA Category 1 upgrade for the Philippines, CEB is in a stronger position to explore the possibility of serving even more of our kababayans and travellers in new markets like Guam, Hawaii, and the EU,” said Atty. Jorenz Tañada, CEB VP – Corporate Affairs. CEB achieved notable Q1 2014 passenger growth in several international tourism
RESORTS, HOTEL & RESTAURANTS DIRECTORIES
Algen’s Dive Resort (088) 3872015
Philtown Hotel 726295 / 8564402 Fax: 723104
Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497
Pryce Plaza Hotel 8583131 Fax: 726687
Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278
Prawn House (088) 3095992 Fax: 8519219
Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480
inquiries, guests can go to www.cebupacificair.com or call reservation hotlines (02)7020-888 or (032)2308888. The latest seat sales can also be found on CEB’s official Twitter (@cebupacificair) and Facebook pages. CEB’s 51-strong fleet is comprised of 10 Airbus
A319, 30 Airbus A320, 3 Airbus A330 and 8 ATR-72 500 aircraft. It is one of the most modern aircraft fleets in the world. Between 2014 and 2021, Cebu Pacific will take delivery of 11 more brand-new Airbus A320, 30 Airbus A321neo, and 3 Airbus A330 aircraft.
Sun Cellular backs nationwide search for Miss Teen Philippines 2014 To help promote youth empowerment, Sun Cellular is supporting Miss Teen Philippines 2014, the premiere nationwide search for the next female youth role model. First held in 2004, the annual search holds regional screenings and pageants in key cities of Luzon, Visayas, and Mindanao, and culminates with a grand coronation night. As technology partner of Miss Teen Philippines, Sun Cellular will provide candidates with Sun Prepaid SIM and Call cards. Sun Cellular will also award Sun Postpaid mobile kits to regional winners which they can use to update their mobile diary and document their activities leading to the grand coronation night.
wednesday|April 30, 2014
Basamanggas Resort 08822-760564 Fax: 760565
and trade markets, such as Indonesia, Japan and China, contributing to foreign tourist arrivals in the country. The airline recently launched a daily service between Manila and Tokyo (Narita) and a four times weekly service from Manila to Nagoya in Japan. For bookings and
Aside from Sun Cellular p r o d u c t s , M i s s Te e n Phi l ippi nes c and i d ates will also get the unique opportunity to be part of the Sun immersion program where they can do product demos and interact with customers at selected Sun Shops. “We are proud and happy to partner with Miss Teen Philippines in promoting p o s it i v e b e h av i or an d providing new and exciting opportunities to the youth,” said Jocel Adorable, Sun Cellular AVP for Brand Activations. “Our support for the nationwide search reinforces our commitment to empower individuals with various tools and venues
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to achieve success in life. We thus encourage our subscribers to be part of this nationwide campaign,” Adorable added. As part of its partnership with Miss Teen Philippines, Sun Cellular will provide its subscribers with a text polling platform that will allow them to vote for their favorite candidates. To vote for a Miss Teen Philippines candidate, just text MTP space (region) space (candidate’s no.) send to 5656. (Ex: MTP NCR 20). The winner of the text poll will receive the Sun Cellular “Good Choice Award” and a Sun Broadband Prepaid Kit, while the grand winner of Miss Teen Philippines 2014 will be signed up as a brand
Shown in the photo are regional candidates of Miss Teen Philippines 2014 during their immersion activity at Sun Shop Naga.
ambassador of Sun Cellular for one year. Aside from prizes for the Miss Teen Philippines candidates, Sun Cellular will also be raffling off Sun Broadband jackets to new subscribers of the Easy Broadband 699 Plan. Subscribers who post photos with their favorite Miss Teen Philippines candidates on their instagram accounts with the of f icial e vent hashtag#SUNforMissTeenPH also have a chance to win reserved seats at the regional legs. To d ate, Mi s s Te e n Philippines 2014 has already conducted its regional legs in Davao (March 30), Cagayan de Oro (April 6), Naga (April 12-13), and will have subsequent screenings in Cebu (April 26-27), Iloilo (May3-4), Baguio (May 8-9), and Metro Manila (May 1718). The grand coronation night will be held on May 31 at the PICC. For the latest news on Miss Teen Philippines 2014, log on to Sun Cellular’s official social media sites: www.facebook. com/suncellularph, www. twitter.com/suncelldeals or www.instagram.com/ suncellular . Photos and up d ate s on Mi ss Te e n Philippines contestants may also be viewed on twitter and instagram via the official event hashtag #SUNforMissTeenPH. Sun Cellular is the mobile brand of Digitel Mobile Philippines Inc., a member of the PLDT Group.
Ridge View Chalet 8588946 / 8587946 Fax: 8588946 Seda Centrio Hotel 32288888 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999
Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941
The VIP Hotel 726080 / 8562505 Fax: 726441
Chananthon Bed & Breakfast 8568189 / 3093095
Uptown Condotel 8511800
Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696 Mapawa Natures Park 8584402 Fax: 725265 Mallberry Suites 8541999 / 7249999 Fax: 8544999 Maxandrea Hotel 8572244/729943 Fax: 724090 Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563
Tune Hotel 8800888/8801306 Travelers Pod 8518988
Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Max’s Restaurant 8586297 Fax: 8568264 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438 Thai Me Up 738424/3108424 Fax: 738424 Barkadahan Grill 8551234 La Tegola Cucina Italiana 8585959
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Make Music, Not War
M
USIC , f rom t he Gre ek “mou si kos” a nd p er t a i n i ng to one of the nine muses in the Greek my tholog y, is the art of combining sounds or s e qu e nc e s of not e s into harmonious patterns hopef u l ly play i ng w it h ears and satisfying to our emotions. An insipid and dry explanation––I must confess. Can you, my dear reader, imagine life without music? For me, it would be such a monotonous and boring world. I don’t think only about the musical “mayfly” or the so-called “musical nine days wonder.” Music doesn’t consist of Groove or Techno alone. I am not against these or other music trends, because each generation has its own musical development. But we have greater riches of different kinds of music by going back to the Middle Ages, the Renaissance (which means ‘rebirth’), the Baroque Age, the Classical Period, and the Romantic Era up to 1900. The Western tradition of music has its origins in the chant tradition of the Early Christian Era. Everybody can develop
Creatures of Habit
T
hink a minute…You’ve prob ably he ard t he expression “A leopard can’t change its spots.” This, of course, is true of leopards. But is it true of people? Can people change? Are we humans just creatures of habit? Do we not have any control over our actions and habits? One guy said, “Bad habits are like a comfortable bed: they’re easy to get into, but hard to get out of.” Someone else said: “The chains of habits are too small to feel until they’re too strong to break.” So ‘breaking the mold’ of our bad habits takes effort, yet one of the greatest freedoms in life is the freedom from bad habits. Habits are like the roads we take through life everyday. The problem is that not every road takes us where we need to go. Actually, our routes through life often become our ruts in life. We end up stuck in them and find it hard to dig ourselves out. That’s why we must change our bad habits as soon as possible before they become our ‘second nature’. You see, our habits become our character and our character becomes our life. As one wise person said: “First we make our habits, then our habits make us.” But we humans don’t like to change, do we? So we come
THINK
A Minute
By Jhan Tiafau Hurst
up with excuses, like: “I can’t be different; that’s just the way I am.” Or we say: “I was born this way.” And the good ol’ saying: “You can’t teach an old dog new tricks.” But that’s just it: we’re not dogs or animals. In fact, we’re the only creatures who have the freedom and power to change and choose the kind of person we become. So what habits do you need to start changing today? You know, there’s one bad habit you need to change first, that will help you change all your other habits. It’s the habit of living your own way, instead of your Maker’s way. He’s the only one who knows the road to the best, most satisfying life for you. So today, won’t you ask Jesus Christ to forgive you, and to take full charge of your habits and life? Just Think a Minute…
his or her own passion of music. When I was four or so, I have grown up already with those kinds of music. I asked my parents voluntary if I could get piano lessons. It was easy for us because the church organist at that time was our neighbor and a proud owner of a grand piano. I listened to my first organ recital composed by Johann Sebastian Bach. My passion of music was on the stage of development that made it possible for me to join the school band. The Beatles––and Rolling Stones later––era fol lowed––much to t he d i s app oi nt me nt of my parents and grandparents, who still dreamt of their music, such as Jazz and Swing back to the Golden Twenties. Everybody has his or her own music philosophy. I learned from my dentist friend in Los Angeles, that her patients lose their state of anxiety by listening to soft background music during having their teeth attended to. A gynecologist explained, that if a pregnant woman mostly listens to classical music, her chi ld mig ht hear, learn, find out and
experience another (better?) development than other children. Church reformist Martin Luther (1483-1546) explained it in this way: “Many times, when I wa s i n ter r ible darkness, I prayed - and I listened to music, which delivered and refreshed me!” The German poet and composer E. T. A. Hoffmann said 1801: “If you start simply being speechless, the music will take over!” And Ludwig van Beethoven (1770-1827), without doubt one of the true and just awesome Western composers said: “Music is utmost revelation then an wisdom and philosophy!” “I feel like f lying after entering a church, praying and listening to the music of heaven!” the German poet Friedrich Schiller (17591809) philosophized about music in his drama “Maria Stuart”. A simple melody can ma ke u s feel happy, sentimenta l, smi ling or cr y ing, aggressive or rela xed. A form of light enter tainment in which songs, dialogue, dance, and humor are combined with a not too serious plot is as much as important then a
H ave M y Say
By Klaus Doring
dramatic opera or the single musician or street singer, not being a man of culture, but entertaining us people. Let’s develop our own passion of music, so that we might see the great resources in our daily life, if we accept, that music plays a rule on it. Make music, not war! +++ E m a i l :dor i n g k l au s @ gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or tune in to my show “Classics with Klaus Doring”, Sundays from 9 to 11 am and 7 to 9 pm (Philippine Standard Time) on 104.3 FM Edge Radio Davao or via www.myradiostream. com/edgedavao.
Talking With A Taxi Driver
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always t a ke a t a x i coming from or going to the Manila airport. This one last Saturday morning with taxi driver Lando was interesting. He was talking all the way in Cebuano nonstop inspite of the EDSA traffic that when we reached the domestic terminal, I wished we were still stuck in traffic because he still had more to tell. He said he came from Dipolog in Zamboanga del Norte and had been driving in Manila for years. “Lisod panginabuhi didto” ( life is difficult there). POLITICS. He asked where I was going. “Davao diay ka sir? (so you are from Davao?) Then he went ballistic. “Kusog si Binay sa karon pero unta mag uban sila ni Bongbong Marcos ug si Duterte para mo asenso ang Pinas. Kay kaming taxi driver Bongbong mi sir” (Binay is strong now but he should team up with B ong b ong Ma rc os a nd Duterte for the sake of the country coz we taxi drivers are for Bongbong). I’ll tell VP Jojo, Sen. Bongits and Mayor Rody about this, I quietly told myself. But he continued. “Baho na ang gobyerno Aquino ug halos tanang opisyal nato,” (the Aquino government and all officials now stink) he said mentioning Napoles with expletives several times. FAMILY. He has two daughters, an 18-year-old and a 10 year. He is worried. In Zamboanga when he was young, he recalled that suitors of his aunts had to
do “harana” (serenade) and would come to the house and visit with the “lola” nearby either within hearing distance or eavesdropping. The courtship then included the whole family. Today, he said, the young jump to bed just by texting each other. (That’s my moderate translation from his more vulgar language. Ahahaha! ) ROLE MODEL S. He blamed the VIPs and “mga artista” , who have become role models and the influence of TV for the bad values today. “Tan-aw ka sa TV ‘The Legal Wife’ sir? Suko pirmi mrs ko sa kabit ba unya sige warning sa akoa”. (do you watch the telenobela The Legal Wife? My wife is always angry at the mistress then always warns me). I told him I am in the same situation. LOL. He then mentioned a few examples, the names he did not mention but quite obvious to be identifiable. A senator leaves his wife and family for a celebrity but he is still popular. (He cursed!) A presidential sister who has several men -- although one at a time and still adored by the public. (He chuckled!) PE ACE . He s a id he had recently an unmarried lady from Midsayap, North Cotabato for a passenger going to the NAIA bound for Canada. She was leaving to look for work abroad and plans on uprooting her family soonest when she gets settled down there. She expects trouble with the signing of the peace agreement because
some Mu sl i m element s are starting to claim their lands in Midsayap that her family had long owned and developed. AMERICANS. To my surprise, he said “maayo kay si Obama moabot” (good Obama is coming). I asked why? He said another passenger, a retired corporal in the Army told him that it was a mistake to throw out the US bases years ago and now we are asking the Americans to come back because we need them against China. The retired corporal recalled how he was receiving “second hand” uniforms and equipment while the Americans were still around and the Filipino soldiers were well provided. Today his other soldier friends tell him of holes in their boots. He said that the Philippines can be better off being a part of the US so we can have dollars and maybe we will also have snow! (He laughed!) He was still talking after he parked as he handed me my handcarry bag. And when I disembarked, he was not through yet. “Pag balik na pud nimo, sir (next time when you return) he called me aloud as I headed for the terminal gate. The hefty tip must be the reason, I told myself. Listening to him, belonging to the “masa” was a source of unending fascination. And reality check somehow! ******** Church wins in RH law! We are misled by the
A dvocacy
Mindanao By Atty. Jess Dureza
media line that the Catholic church’s anti- RH campaign lost because the Supreme Court ruled that Reproductive Health Law (RA 10354) is constitutional. Many may not realize this but the Supreme Court in “approving” the RH law actually GAVE DUE COURSE to the objections of the Church. According to for mer A mb a s s a dor Rigoberto “Bobi” Tiglao in his article in the Manila TIMES, what the Supreme Court declared constitutional are the ALREADY EXISTING laws that have already been implemented for decades but consolidated in t he new RH law. These are the popu lat ion-cont rol laws that have been in effect like RA 6365 of 1971 (Creating t he nationa l popu lation commission and its functions) ; PD 79 of former President Marcos and RA 9710 of 2009 (Magna Carta for Women). But the main objectionable provisions that the Church raised were DECLAR ED U NCONSTITUTIONAL , including the controversial dureza/PAGE 10
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SoCot endorses 7 nominees for 2014 Gawad Saka search GENERAL Santos City -- Five farmers and rural cooperatives from South Cotabato province will be vying for top awards in this year’s Gawad Saka search. Francis co D omingo, officer-in-charge of the South Cotabato Office of the Provincial Agriculturist, said Friday they endorsed the seven farmers as the province’s official nominees for the Region 12 or regional level of the annual search. He said the nominees were selected following a provincewide assessment conducted by a team of evaluators led by their personnel. The seven nominees, w ho are considered as outstanding farmers of the province, are Jessie Tarroza for the rice farmer category; Arturo Damasco for the
organic farmer category; Alfonso Alberto for the corn farmer category; Marciano Rodriguez for the fisherfolk (fish culture) category; and, the family of Eddie Cabajade for the farm family category. Tarroza and Damasco were residents of Surallah town while Alberto and Rodriguez are from Banga town. Cabajade is from Tantangan town. The B entico Seed Cooperative will be the province’s entr y for the outstanding small farmer organization category and the Kabalikat Rural Improvement Club (RIC) of Norala town for the outstanding RIC category. Gawad Saka is an annual search conducted nationwide by t h e D e p ar t m e nt of Ag r i c u ltu re ( DA ) i n
p ar t nership w it h lo c a l government units, academe and the private sector. It mainly recognizes the efforts and contribution of farmers and fisherfolk, livestock raisers, farmer groups and organizations to nation-building and in the promotion of agricultural development and sustainable agriculture in the country. In the 2013 Gawad Saka, Region 12 endorsed six entries and with three of them winning various top awards. Dr. Cayetano Pomares of Kabacan, North Cotabato was adjudged as the outstanding agricultural scientist, D r. Me l c h o r S e rq u i ñ a of K i d ap aw a n C it y a s outstanding coconut farmer and Leonardo Primne Jr. of Banga, South Cotabato for
outstanding fisherfolk (fish culture) award. Domingo said they are hoping that the province’s nominees this year will
e ve ntu a l ly sur p ass t he upcoming regional and national evaluations. “ We’re t a r g e t i n g t o produce more national
winners this year and we’re confident that these seven nominees are all good for the top awards,” he added. (PNA)
Rice prices increase RICE PRICES went up during the week of April 9-15, according to data released by the Bureau of Agricultural Statistics on its Web site this week. Farmgate prices of palay stood at P20.20 per kilogram (kg), increasing 23.47% year on year but moving a mere 0.75% from the preceding week. Wholesale prices of well-milled rice averaged at P38.87/kg, 0.18% more
than the week before and 18.83% more expensive than in the same week of 2012. The average retail price was P41.53/kg, 0.34% more than the preceding week and 17.88% more expensive year on year. Regular milled rice, on the average, was priced P36.19/kg in the wholesale market and P38.25/kg in retail. Wholesale prices registered markups of
0.03% week on week and 21.81% year on year. Retail prices were 0.13% more expensive last week and 19.76% higher last year. The National Food Authority noted earlier this month that price movements are affected by the summer season’s higher quality of harvest and also by the volume of rice harvest produced by local farmers.
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Rotary holds 30th District Conference in Iligan City
R
‘Disaster-responding Rotarians - heroes all’
otary International District 3870 of the Philippines successfully held its 30th District Conference from April 25 to 27, 2014, at Plaza Alemania Hotel in Iligan City, with more than 300 Rotarians from all over the 42 active Clubs within the district in attendance. Participating Clubs in the conference belong to the four zones of the district. These are Rotary Clubs of Cagayan de Oro (CDO), West CDO, CDO Urban East, Kagay-an CDO, CDO Centerpoint, South CDO, CDO North, Carmen Valley, Metro CDO, East CDO, Uptown CDO, Bay Area CDO that compose the Zone 1. For Zone 2 are Rotary Clubs Iligan North, Iligan Bay, Iligan South, Uptown Iligan, Iligan, Downsouth Iligan, Maria Cristina, Metro Iligan, Buhanginan Hills, Iligan East and Metro Ranao. Cotabato City South, Cotabato, Midsayap, Cotabato East, Metro Kidapawan, Kidapawan, Kidapawan East, Kisulan, Tacurong and Pigcawayan then composed the Zone 3 and for Zone 4 are Rotary Clubs of Malaybalay, Pie-mo, Camiguin Island, Gingoog City, Gingoog Bay, Central Claveria, Metro Valencia, Wao and Northern Mindanao. The district conference became the avenue in summing up the accomplishments of all Clubs, giving recognition to those who have done something good for the community. District Governor Teresita Navales sent her State of the District Address, citing various accomplishments of Rotary International District 3870 during her term, such as being one of the best performers among 10 Rotary districts in the country. She also thanked all the Rotarians for their efforts in responding to calamities. “You are the heroes of our Rotary story. Our contributions will go a long way to help the down-fallen,” she said.
President’s Representative and Past District Governor Socorro “Corina” Tengco Bautista graced the conference. In her speech during the opening program, Ms. Bautista said that having some 22,000 members practically transformed Rotary into the biggest organization that provides community service and endeavors to change lives. Bautista encouraged Rotarians to engage more and to make the organization strong and united for it is a service organization composed of leaders who offer “service above self” in all its dealings. Plenary sessions were conducted during the event, where several topics were discussed, including Rotary’s continuing commitment for a Polio-free world, issues and concerns on owning Rotary Foundation, public image as the key to community acceptance, Rotary Foundation of the Rotary International, membership growth as evidence of life and new generation or youth service. In addition to plenary sessions, activities included Fellowship Night and Governor’s Ball. The District has also decided to have an assembly in Cagayan de Oro City on May 10, 2014. Training of incoming presidents and officers will be one of the highlights of the forthcoming assembly. Rotary International District 3870 vows to continue in their various information drive and seminars on membership, Rotary Foundation, and Rotary Youth Leadership Awards. (irene b. dayo)
The delegates from the Rotary Club of Central Claveria.
The Rotary Club leaders stand during the event. Fourth from the right is DG Tessa Navales, calling the progrom to order.
The officers and members of the Rotary Club of Cagayan de Oro.
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino
Banking&Finance
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BDO income falls sharply PROFITS at BDO Unibank plummeted in the first quarter given anemic trading gains, with the country’s largest lender expecting flat growth for the entire 2014. In a briefing today, BDO president Nestor Tan said the lender set a profit guidance of P22.8 billion for 2014. This is a percent higher than the P22.6 billion earned last year. “We are on track, though slightly, behind to meet our 2014 guidance,” Tan said. In the first quarter, earnings dropped 45 percent to P5.5 billion from the previous year’s P10 billion. Last year’s performance got a boost from a surge in trading gains as the bank sold down a portion of its investment holdings. Tan said the exceptional trading gain last year was a one-off event and this will be replaced with “high quality” and “sustainable” earnings through loans and deposits in 2014.
He s a i d t h e b a n k’s profit growth would be driven by a stabilizing net interest margin, the midteens increase in fee income and improvements in asset quality. During the first quarter, the Henry Sy-owned bank’s net interest income rose 27 percent to P12.2 billion from P9.6 billion last year, as the customer loans business grew 23 percent year-onyear. The growth in loans was supported by a 37 percent growth in low-cost deposits. Non-interest income went down 47 percent to P7 billion from P13.3 billion last year, as trading gains normalized to P2.2 billion from P9.2 billion over the same period. Feebased income from payments, transaction banking, and asset management services expanded 16 percent yearon-year to P3.9 billion. BDO’s non-performing loans (NPL) ratio improved to 1.5 percent from 2.5 percent last year, while NPL coverage
increased to 175 percent from 140 percent previously, as the bank maintained its conservative provisioning given the uncertainty in the market. T h i s y e a r, B D O i s increasing its branch network of 815 with plans to open 50 additional branches. “We want to make sure we’re not vulnerable to other banks coming in. With a strong domestic presence, we have strong springboard to move outside the Philippines. If we move outside of the Philippines, it will only be to follow our natural markets,” Tan said. In light of the Asean economic integration, BDO is always open to partnerships with regional banks but these have underperformed historically, he said. The bank has 2,300 ATMs nationwide, a branch in Hong Kong and 13 remittance and representative offices in Asia, Europe, North America and the Middle East.
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EastWest Bank to raise P5B in 3Q to finance expansion THE banking arm of the Filinvest Group plans to raise P5 billion in additional capital by the second half of this year to support its branch expansion and possible entry into bancassurance. During its annual meeting last week, East West Banking Corp stockholders approved the issuance of 500 million
preferred shares to be sold at P10 each. This would translate to P5 billion in new capital that the Gotianun-led bank would use for its branch network growth and possible new business venture. According to EastWest president Antonio Moncupa, the fund-raising would be conducted by the third or
fourth quarter at the latest. However, the EastWest board has yet to decide whether this would be Tier 1 or Tier 2 capital. “We feel the pain of the cost of expansion,” Moncupa told shareholders, adding that 2014 would be the height of the bank’s network growth. eastwest/PAGE 10
LAMBO MISAMIS ORIENTAL. The Bililhon Ang Matag Baryohanon Ipalambo sa Misamis Oriental or BAMBI sa MISOR municipal outreach program of Governor Bambi Emano takes its second wave of delivering basic social services to municipalities, recently in Laguindingan National High School, Laguindingan, this province. Around 6,000 Misamisnons benefit free services.
MISAMIS ORIENTAL – To make the Jamboree more lively and happy, VICE GOVERNOR JOEY G. PELAEZ invited artists to perform during the Chairman’s Night of the “A Happy MisOr Invitational Peace Jamboree.” They were Tippy Dos Santos (Galema), Yves Flores (Got to Believe), and Myrtle Sarrosa (PBB Teen Edition 4). Also in attendance and witnessed the performances of the artists were local government officials of the province, the Barangay and the Municipality of Tagoloan. Before they performed in the Jamboree, the artists made a courtesy call to Vice Governor Pelaez’s office at the Provincial Capitol.
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R.A. 9048/10172 Form No. 10.1 (LCRO) (Revised 15 August 2001) Republic of the Philippines Local Civil Registry Office PROVINCE OF MISAMIS ORIENTAL Municipality of Tagoloan NOTICE OF PUBLICATION In compliance with Section 5 of R.A. 9048, a notice is hereby served to the public that PRISCILLA M. BERNARDINO has filed with this office a Petition for Change of First Name from “VIRGINIA FE” to “VIRGINIA”. In Compliance with Section 2 of R.A. 10172, a notice is hereby served to the public has filed with this office a Change of Birth Date from “November 2, 1952” to “October 2, 1951” who was born on November 2, 1952 at Tagoloan, Misamis Oriental , Philippines from parents Melba A. Valdehueza and Elpidio Y. Marte. Any person adversely affected by the said petition may file written opposition within this office not later than ___________________. (Sgd.) MARINELA FACTURA FABELA Municipal Civil Registrar BWM: Apr. 30 & May 7, 2014
Aged... from page 2
of the Home for the Aged, Inc. (AFHAI) under the leadership of Pedro B. San Jose. The groundbreaking ceremony was also witnessed by the head of the Home for the Aged Annie L. Rosalinda. With the mini-chapel rising soon at the center, the elderly residents and workers can readily go to a peaceful place for meditation and prayer. Presently, religious activities such as the daily Three-o’clock Prayer and Sunday Mass are held at the Social Hall where other daily occupational and social activities are also conducted. The mini-chapel project was recently approved by AFHAI with an initial funding support of P100,000.00. (PNA)
Summer... from page 2
The summer job program is a mandate under Republic Act No. 7323 to provide job opportunities to poor but deserving students in order for them to continue their studies. Emano said that 391 students came from Misamis Oriental’s first district while 218 of them came from the second district. According to Emano, the students should not be worried of wages since the provincial government’s treasury department has issued a certification that funds are available for the purpose.. “It is unfortunate that hundreds of students who availed of the summer job during the term of Governor Oscar Moreno were
not paid,” Emano said. He said that until now the unpaid students have been coming to “my office to claim their unpaid wages.” The provincial government owes P 14 million unpaid wages to students who availed of the summer job program during Moreno’s incumbency, Emano added. (PNA)
Holcim... from page 4
well for the industry -- which would not be able to meet demand -and the economy -- which could overheat. Also, demand breaching the country’s 20 million metric ton production capacity could have an impact on prices, he said. For the entire 2013, cement sales reached 19.445 million metric tons, up six percent from the previous year’s 18.36 million. Thus, a nine-percent growth alone would result in a 21,195 million metric ton demand. “The prices in the market are still in the 2011-2012 level. While there are some improvements in some levels, it’s not everywhere. There is still balance. We are still within the 20 million tons capacity. Siguro we will feel that once we move beyond that 20 million maybe there will be coming pressure,” Sahagun said.
Dureza... from page 6
implementing rules crafted by the Secretary of Health. I call this government’s ATTEMPT that the Supreme Court ABORTED, legally of course. (This is the type of abortion we all welcome. hahaha!)
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City
For example, the SC ruled that the religious beliefs of citizens (those who oppose) be respected and must prevail. Hence, the ruling declared as unconstitutional the provision that required public and private health companies to provide birth control information and means to all even if it is against their religious beliefs. Another provision declared unconstitutional was that which allows one spouse to make a unilateral decision to avail of birth control methods. The SC required that BOTH SPOUSES must approve to do irrreversible birth control interventions like vasectomy and tubal ligation. Another provision is to require parental consent for minors. There are other significant fine points. But what the Supreme Court significantly STOPPED ON ITS TRACKS was the “ABORTED” attempt of the government, through its Secretary of Health and the pro-RH groups, to insert and SMUGGLE the word “PRIMARILY” (to define abortifacients) in the implementing rules & regulations that was NOT present in the RH law itself and which would have opened the floodgates of abortions. If not discovered and stopped and ABORTED by the SC, it would have allowed goverment to undertake wide-scale distribution of devices and drugs for abortion or abortifacients. Truth to tell, this important SC ruling upholds the Catholic dogma that is found in the Philippine Constitution (Article 11, Section 12) which provides that the state “shall equally protect the life of the mother and the life of the unborn from conception”. THIS MEANS THAT ANY ACTION
TO STOP THE FERTILIZED EGG FROM DEVELOPING IS AGAINST THE CONSTITUTION. Scientific studies tell us that IUDs and other contraceptives, while they have the PRIMARY effect of preventing fertilization (the spermatozoa from reaching the egg) they have the secondary or after- effect of weakening the uterine walls lining so that the fertilized egg (with the meeting of the sperm and the ova already done) cannot be implanted there and therefore will die. This validly challenges legally the use of IUDs and contraceptives with that SC ruling. No doubt, this a “de facto” rejection of the RH law. What is interesting is that it makes pro-RH proponents seemingly victorious but actually the anti-RH ones also won the day. This is “judicial statesmanship” of the Supreme Court at its best. Everyone can claim victory. Those who decide to avail of the benefits of the RH law can do so while those who do not believe can freely reject them without being penalized. What will be interesting to see hereon is how the implementation of the RH law will be done and how vigilant are we in seeing to it that what the Supreme Court discovered and aborted in its ruling, will be followed and enforced on the ground.
EastWest... from page 9
In the last two years, the bank opened 178 branches, making EastWest on track to meet the 400-store goal by the end of this year. As of April 24, EastWest already has 375 branches. Moncupa said the “full impact” of the aggressive branch expansion would be felt next year. The bank also is mulling over venturing into the insurance business with a partner. Moncupa told shareholders that the bank has several offers for possible partnerships. “We are [among] the only few remaining independent banks,” he said, adding that the rest of the big commercial banks are already tied up with insurance firms. Going into bancassurance, especially for a bank with a sizeable presence in consumer lending, is a no-brainer. “The economy is growing and we’re still [peddling] middle class products. As economic activity grows, there would be more Filipinos who would want to [purchase] consumer products,” Moncupa said. As an example, the local auto industry has been logging in double-digit sales growth for the past few years and that is the “perfect” business for insurance, he said. “These are middle class products. At the rate we’re moving, DIVISORIA BRANCH this [bancassurance] would be Atty. Erasmo B. Damasing Bldg., very good,” he added. Challenging year #61 Don A. Velez St., EastWest sees 2014 as a Cagayan de Oro challenging City year in terms of bottom line as trading gains drop following Tel. # (088) 857-3631 the US Federal Reserve’s decision to scale back its economic stimulus. However, this would be LAPASAN BRANCH tempered by the anticipated rise Lapasan Hi-way,in interest rates, which would be Cagayan de Oro somewhat City of a welcome relief for banks. Tel. # (088) 231-6739 “Banks have no pricing power and the competition is stiff. Competitors are also gearing CARMEN BRANCH up for expansion, focusing on consumers de and middle Vamenta Blvd.,Cagayan Oro market. City Competition and market liquidity Tel. # (088) 231-2011 will continue to put pressure on spreads,” Moncupa said.
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wednesday|April 30, 2014
Hike... from page 1
Joel B. Maglungsod, Mindanao spokesperson of the organization, said on Monday that the KMU, together with its allies in Congress, will continue to push for a legislated wage adjustment as it calls for the abolition of the Regional Tr i p a r t i t e Wa g e s a n d Productivity Board. The regional wage board, Mr. Maglungsod said, has been inutile in pushing for the welfare of the workers. “We know where the bias of the board is,” he said. Members of the board, including the representatives of the labor sector, have yet to respond to the issue. The board was set to hold a public hearing on wage adjustment on Monday. The wage increase that the KMU demands “is not even an increase but the amount that should be recovered,” Mr. Maglungsod said. “ T h is ( amou nt ) has become a political issue,” he added, pointing out that a bill was once pending in Congress. During the 15th Congress, several partylist representatives had filed House Bill No. 375 for an a c ro s s - t h e - b o ard P 1 2 5 increase in the daily minimum wage. A sub-committee of the House Committee on Labor and Employment approved the bill in January 2013, but ultimately, it failed to become law before the end of that Congress. In the Davao Region, the minimum daily wage nonagriculture workers is P301 while agriculture workers get P10 less. Last month, the wage board ordered the banana indust r y to implement productivity incentives for workers. In response, the industry, through the Pilipino Banana Growers and Exporters Association, said that it has long implemented an incentives program similar to what the wage board recommended. Still, the KMU has vowed to mobilize its members as it holds protests on Labor Day. “We will hold marches and rallies,” Mr. Maglungsod said. The organization has also slammed the government for failing to curb contractualization in the country. Several labor groups, including the moderate Trade Union Congress of the Philippines, have also pushed for the elimination of contractualization in the country.
Necessary... from page 1
forces to establish the US military camps within the Philippine military camps, Rodriguez added. Rodriguez believed that under the new militar y defense agreement between the two counties, the US military forces would be subject to Philippine laws
and that both the US and the Philippine militar y commanders in camp would observe mutual respect. The presence of the US military forces in the country will also alter the military balance in the Southeast Asian region, said Rodriguez in a phone interview with the PNA. Rodriguez said that the presence of the US military forces in the country will c e r t ai n ly re ph r a s e t h e territorial conflict between the Philippines and China. “China is claiming all what they claimed belonged to them in the South China sea, even if these areas are within the territorial limit of the Philippines in utter disregard to internationally accepted laws of the seas,” Rodriguez added.(PNA)
Growth...
from page 1 and the European Chamber of Commerce in the Philippines agreed to draw around 200 investors to look at the possible investment sites and discuss opportunities in the areas stretching from Davao Oriental to South Cotabato and new chances with the integration to the larger market of the Association of Southeast Asian Nations by 2015. Philip Dizon, president of the American Chamber of Commerce in the Philippines-Davao Chapter said the September 19 activity envisions an annual assemble of businessmen, and policy makers with a common interest in exploiting the potential of the Southern Mindanao Region. He s a i d c o mp a n i e s with interests in the fields of finance, infrastructure, property development, power and utilities, agriculture and business process outsourcing are invited to come. “One of the major foci of the forum will involve t he bu s i ne ss m atch i ng where potential investors are introduced to resources and partners required to bring investments to realization,” Dizon said. Keisuke Nakao, president of the Japan Chamber of Commerce and Industry said Mindanao has vast potentials in agricultural production given its good irrigation system. He said the good irrigation system can lead to production of variety of agricultural products. Martial B eck, vice president of the European Chamber of Commerce in the Philippines said Cacao industry in the Philippines is growing with many countries in Europe sourcing their chocolates in the country. He said cacao, coffee and coconut are agricultural products are sought after products from Mindanao. Gil Dureza, regional head of the Board of Investment in Davao Region welcomed the forged agreement among the chambers and looked forward that the merger will lead to tangible results like more
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investors that will tap the improving peace and order in Mindanao following the signing of a comprehensive peace agreement between the government and the Moro Islamic Liberation Front. He revealed that currently, foreign investors from Malaysia and Indonesia are focused on palm oil production and manufacturing. “These companies need big tracts of land,” Dureza said. He s a i d c o m p a n i e s from Europe are inquiring ab out business pro cess outsourcing in Davao Region w h i l e c omp an i e s f rom China are inquiring about manufacturing. Dureza said member countries of the Brunei, Indonesia, Malaysia, and Phi lippines E ast Asian Growth Area will also hold a conference in September. “ H o p e f u l l y, t h e s e activities will spur more the development in Mindanao in alleviating poverty and integration of combatants after the signing of the peace deal and the impact of calamities brought about by typhoons,” he said.
NGCP... from page 1
safety regulations affects their operations. The public must b e aware that observance of NGCP’s safety regulations would prevent cases of electrocution, accidents, and power trippings. Residents along living near or along NGCP transmission lines have to cooperate by not planting trees near towers and electricity posts to lessen and eliminate, transmission line-related accidents. Along this line, it would also be expedient for local government units to enact appropriate ordinances to prohibit planting of trees under and along transmission towers. NGCP concern in solving safety issues is very laudable. It is imperative for all stakeholders to work together in ensuring the safety of the public and the NGCP transmission lines so that lives will not be put at risk. We salute NGCP for coordinating with LGUs, for conducting information drives on transmission line safety and educating the folks living near these facilities and structures. NGCP’s
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NOTICE Notice is hereby given that the estate of the late Leo Baylin La Victoria covered by TCT No. 1372013004358 has been extra-judicially settled on April 14, 2014 per Doc. No. 121; Page No. 25; Book No. LX, Series of 2014 of Atty. Dale Bryan D. Mordeno, Notary Public for Cagayan de Oro City. BWM Apr. 16, 23 & 30, 2014
safety campaign is coupled with distribution of safety information materials to local governments. The NGCP danger signs posted along transmission towers are good visual warnings too. Advising the public to refrain from any activity that may cause damage to transmission lines is in order. Any kind of structures, TV and radio antenna, kite-flying games , grass fires, along and under its transmission lines, towers, and substations, should never be allowed. Let us help NGCP for the lives we may save would be our own. The Nat iona l Gr id Corporation of the Philippines (NGCP) conducts regularly an information drive on transmission line safety regulations to avoid accidents and electrocution and other untoward incidents. We must also thank the NGCP that only a few incidents of electrocution and accidents happened within their transmission structures all over the country. . Their constant advocacy on safety has made the public aware of the safety tips. Parents must be reminded to strictly not allow children to fly kites near transmission l i n e s or t o c l i mb a ny transmission structures to prevent accidents and electrocution. The NGCP has advised the public to be cautious whenever passing through the structures while carrying long stick logs that may contact with the power lines. Users and consumers must report any incident of leaning and damaged poles of towers and sagging power lines and identify poles or tower number for NGCP’s immediate action. It is good that NGCP has also encouraged every concerned citizens to help secure the transmission lines to avoid severe damages that may result into power interruptions.
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Developer of Primavera Residences welcomes Globe equips public school teachers with 21st century new Green Building Code as it pushes for wise learning techniques eco-investments in CdO
C
agayan de Oro City, Misamis Oriental - A new plan by the Department of Public Works and Highways (DPWH) to have a Green Building Code by 2015 echoes Italpinas Euroasian Design and EcoDevelopment Corp.'s (ITPI) mission of building sustainable and ecofriendly properties in the country. ITPI is a young eco-developer that specializes in green architecture and design. Its flagship project, Primavera Residences in Cagayan de Oro, is the first eco-friendly mixed-use development in Mindanao. The new Green Building Code as proposed by DPWH seeks to regulate building construction in the country to support a more eco-friendly environment. Under this new regulation, developers will be required to build properties with eco-friendly features before they are issued with a building permit. These features will include energy-saving and water-saving components as well as materials that reduce greenhouse gas emissions. "It's about time that we have this new green building policy," said Arch. Romolo V. Nati, ITPI's executive chairman and CEO. "We always believe that developers should design buildings that complement the environment rather than against it. That
is why our projects are built around this idea. Developing projects that are environmentally sound helps create a more sustainable, livable, and healthier community," he added. Although the new Green Building Code initially targets properties with large floor areas, DPWH eventually aims to implement the rule to all properties. However, this does not replace the existing National Building Code. Rather, it will be included as additional reference. According to real estate experts and appraisers, green properties have higher appreciation value compared with conventional buildings. This is due to their long-term benefits such as energy savings, reduced water consumption, reduced water bills, and increased health and well-being of occupants. "Primavera Residences, our development project in Cagayan de Oro, has a high yearly appreciation of 10% so it's a wise investment for condo buyers," shared Nati. He also encouraged other property buyers looking to invest in Cagayan de Oro to think thoroughly before making any purchasing decisions. "Investing in a property, particularly in Cagayan de Oro, requires careful planning. You cannot think
only of your immediate need of having a place of your own. You also have to think about other important factors such as sustainability of your property in the long run, its market value, energy efficiency and security. Will your property be still in good condition after twenty years? Can it withstand strong calamities such as earthquakes and typhoons? These are just some of the factors that you have to consider before buying a property," he explained. As the draft of the new Green Building Code is being readied by June, ITPI hopes that this will pave the way for other developers in the country to adapt these green efforts. ITPI is a Filipino-Italian green property developer that focuses on designing and building sustainable projects in secondary cities in the Philippines. Its initial project, Primavera Residences, is an award-winning property in Cagayan de Oro that recently won in the Asia Pacific regional competition of the prestigious International Property Awards. The award will be officially given in an awarding ceremony in Kuala Lumpur, Malaysia on May 9. To learn more about ITPI and its projects, visit the website at: www. italpinas.com.
DOT9 Conducts Tour Package Development and Delivery Workshop Department of Tourism – Region 9 (DOT 9) conducted the Tour Package Development and Delivery Workshop last April 23-24, 2014 at Mibang Hotel, Dipolog City. The workshop was designed to help local stakeholders and local tourism offices effectively package, operate and manage tours in their respective areas.
The workshop was attended by 34 participants from the private sector and local government units of Zamboanga del Norte and Zamboanga City. The participants were taught the tour operation cycle, costing and pricing; and marketing and selling tour packages. The workshop emphasized the role local govern-
ment units play in identifying and developing their respective tourism potentials and the role of the private sector, particularly tour operators, in creating the packages to sell. Mr. Bienvenido Claravall, author of the textbook entitled “Travel and Tour Operations in the Philippines” and parttime faculty at the Asian
Institute of Tourism of the University of the Philippines – Diliman, was the speaker of the workshop. DOT 9 will also conduct the same workshop for the other cities and provinces in Zamboanga Peninsula within the year. Through this workshop, tour package development and promotion in region 9 will improve.
LEADING telecommunications company Globe Telecom, in collaboration with the Coalition for Better Education and the Department of Education, kicks off the 2014 Global Filipino Teacher (GFT) Program designed to equip public school teachers with 21st century learning techniques in preparation for the incoming school year. GFT is a nationwide campaign that enables teachers to effectively integrate Information and communications technology (ICT) in the classroom for enhanced learning particularly among high school students. “Globe is fully committed to its mission of helping improve the educational system in the country by harnessing its core competency to build an ICTempowered public school system that will benefit marginalized students and teachers and give them the opportunity to expand their knowledge,” said Fernando Esguerra, Globe OIC for Corporate Social Responsibility. For the initial activity, 35 teachers from public secondary schools in Metro Manila, Cordillera, Southern Tagalog, Bicol, and Western Visayas were selected to undergo a five-day intensive training in Cebu City. The training covers relevant usage of ICT tools such as desktops, laptops, tablets, and smartphones; a clear understanding of the internet and its tools for education, as well as mastery of word processing applications for good classroom management. It also involves problem-based learning (PBL) approaches that challenge students to learn through engagement in actual and relatable problems. It is a format that places students in the role of problemsolvers and teaches them how to be active and independent learners. “We have been doing PBL but we didn’t know that it could be applied in other ways. Usually, we tell
the students what to do but through this process, we can just supervise the students and give them freedom to solve the problem on their own pace. This way, the students not only develop their intellectual skills but also experience less pressure. This will also help enhance their selfesteem and interpersonal skills,” said Nelia Depaynes, a Science teacher at Tublay School of Home Industries in Tublay, Benguet. Rick Babatuan, also a Science teacher of Katipunan National High School in Carmen, Bohol said: “The training teaches us how to integrate ICT in teaching. ICT is changing the classroom situation. Students are no longer confined within the four walls of the classroom.” Likewise, Globe will launch a leaders’ strand next month to formally create new GFT trainers from high performing graduates who would be tasked to independently conduct GFT workshops within their respective school, division, and other scopes of influence. From the leaders' strand, and along with teacher evaluations, Globe expects to produce more than 250 GFT graduates by the end of 2014 alone, on top of the 262 graduates produced during the four-year existence of the program. Globe also continuously evaluate the proficiency of graduates to maintain high standards in carrying out usage of the learning tools in public schools nationwide. The GFT program has so far produced several outstanding graduates such as Shateen D. Seraña of Taluksangay NHS in Zamboanga who won the 2012 Innovative Teachers Leadership Award, an international award for teacher excellence given by Microsoft; and Marivi L. Castro of Gensan SPED and Galcoso Alburo of Concepcion Integrated School who were among the Metrobank Outstanding Teachers awardees.