BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
Volume IV, No. 100
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Exports up MERCHANDISE exports in the first quarter of the year has increased by 6.54 percent to US$ 14.263 billion from same period of last year’s US$ 13.387 billion, the Philippine Statistics Authority (PSA) reported Friday. Positive performance of exports of goods in the first quarter was manifested by increase in four out of seven commodity groups. Commodity groups that increased their exports value in January-March are manufactures which increased by 7.94 percent with exports revenue of US$ 12.1 billion from same period last year’s US$ 11.211 billion. Agro-based products also went up by 2.15 percent to US$ 1.157 billion during the first quarter this year from last year’s US$ 1.133 billion.
Banana center DAVAO City -- A government-run school in Davao del Sur is putting up a P7-million banana center to address the need to develop indigenous banana varieties and produce crops on a 30-hectare farm. Dr. Irvin C. Generalao, president of the Southern Philippines Agri-Business and Marine Aquatic School of Technology, said the banana center, to be located in Matanao town, will apply the results of researches from various institutions. “We will not conduct new research because what we will do is to apply the findings of existing researches so the small farmers can benefit from them,” said Mr. Generalao.
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Lawmakers hit DOE for pushing IMEM revival E
By FROILAN GALLARDO, MindaNews
NERGY Secretary Carlos Jericho Petilla and top government officials met with Mindanao congressional leaders last Wednesday, but they “did not offer any solution” to the power crisis crippling the island with the daily brownouts lasting six to 12 hours in some parts, Mindanawon lawmakers said.
SIGN OF THE TIMES. A girl lights up her home with a kerosene lamp on Friday in Malaybalay City as power went off. Rotating power outage continues to grip most part of Mindanao which is being attributed to low water levels in Lake Lanao and Pulangui River, two of the main sources of power in the island. mindanews photo by h . marcos c . mordeno
Petilla, who came with top officials of the National Power Corp. and the Power Sector Assets and Liabilities Management Corp. (PSALM), was instead pushing for the adoption of the Interim Mindanao Electricity Market
(IMEM) as the solution to end the Mindanao power crisis. The House Committee on Energ y had already recommended the suspension of the IMEM following objections from Mindanao’s
power distributors and consumers during a public hearing in Cagayan de Oro on March 4, 2014. “Petilla did not offer any solution. He was asking us to give IMEM another chance,” said Rep. Rufus Rodriguez, representative of the city’s second district. “Petilla did not go there to offer a solution. Instead he pushed for the IMEM and for the co-ops to buy the expensive modular generating sets,” Bayan Muna Rep. Carlos Isagani Zarate also said. The meeting, sponsored by the House Committee on Energy, was held not in Revival/PAGE 7
LTFRB orders suspension of 15 buses of Rural Transit By MINDANEWS
Z A M B OA N G A C i t y – The Land Transportation Franchising and Regulatory Board (LTFRB) has placed on a 30-day preventive suspension 15 buses of the Rural Transit of Mindanao Inc. (RTMI).
LTFRB Provincial Head Swilbery Baybayan said their central handed down the preventive suspension order which took effect Thursday, May 8. Baybayan said the 15 suspension/PAGE 7
HIGHWAY DRIER. Farmers dry palay on the road, occupying half the lane of the newly constructed diversion road in Brgy. Bulua, Cagayan de Oro City. mindanews photo by erwin mascarinas
GROUNDED. Fifteen units of Rural Transit of Mindanao, Inc. (TRMI) plying Cagayan de Oro-Zamboanga route have been grounded for involvement in a recent accident.
Vivant acquires 40% stake in Oro-based power firm A UNIT of a Vivant Corp. subsidiary is set to acquire a 40% interest in a Mindanaobased power generation firm, the listed parent said in a disclosure on Friday. “On May 5... a subscription agreement between Vivant Integrated Generation Corp.
(VIGC) and Minergy Coal Corp. was executed, which allows VIGC to subscribe to 40% of all issued shares of Minergy Coal,” the disclosure read. VIGC is a wholly owned subsidiary of Vivant Energy Corp., which in turn is
100%-owned by the Cebubased listed company. Vivant described Minergy Coal as the company set up by Mindanao Energy Systems, Inc. (Minergy) to build, own and operate a three 55-megawatt (MW) units of vivant/PAGE 7
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Impacts of El Niño to be felt from October to April 2015 By JASPER MARIE OBLINA-RUCAT Contributor
THE Department of Science and Technology-Philippine Atmospheric, Geophysical and Astronomical Services ( D O S T- PAG A S A ) s ay s impact of El Niño will be
felt in October up to April of next year. An i an it a For t i ch of DOST-PAGASA Mindanao during the Bukidnon Disaster Risk Reduction Management
Summit said that farmers can still continue with their activities right now. She said that although El Niño will affect our country, it is not immediate. She said that despite the heat, the Northeast Monsoon or Amihan and high pressure will still cause rainfalls to Mindanao especially from November to March of next year. It starts over in Siberia
where February will be the coldest. She said this is the effect of meeting of cold and warm air which is usually called the Tail End of the Cold Front. Meanwhile, when winds converge, clouds form called Intertropical Convergence Zone (ITCZ). This could effect to Low Pressure Area or a Tropical Cyclone. In the western portion
Prayer to St. Claire
Ask St. Claire for three favors; one Business and two impossible. Say nine hail Mary’s for nice days with a lighted candle. Published the ninth day “May the Sacred Heart of Jesus be praised, adored, and glorified today and every day. “ Requests will be granted no matter how i mp o ss ibl e t he y seem. Publication must be promised.
of the country, rainy season will take effect from July to September caused by S outhwest Monsoon or Habagat. She adds that due to
climate change, change of pressure and change of wind pattern, typhoons like that of ‘Yolanda’ which only happens once in 15 years could now happen once in three years.
Brownouts take toll on local businesses
DAVAO City -- Rotating brownouts in the city has affected local businesses with losses estimated at P6-million for every hour of no electricity. Ivan Cortez, Officer-in Charge of the Davao City Investment and Promotions Center (DCIPC) said that though they have no exact figure on business losses they had estimated losses of earnings of P3-million to P6-million per hour of power interruption. About one-thirds of businesses in the city face power outages while two-thirds are operating during rotational brownouts in the city. Davao Light and Power Company (DLPC) began implementing six-hour rotational brownouts when the utility firm started receiving just 120 megawatts out of the 280 megawatts contracted from different power sources. Cortez said that in this power crisis, only responsive businessmen would survive. These are businessmen who go for coping mechanisms to
respond to the crisis, one of these mechanisms in buying generator sets. The crisis has also given opportunities to businesses, as people will now go to the malls to cool down. Having generators is big plus for businesses as people seek establishments who have regular power. Some businesses have seen increase in sales as people now eat in malls rather than suffering from the sweltering heat in their homes. Sales of generator sets are in the uptrend with long hours of rotational brown-outs, last Wednesday (May 7) DLPC announced the increase of six hour rotational brownouts to 7.5 hours. However based on latest data according to DLPC in May 8, one of their sources of power the STEAG State Power Plant in Misamis Oriental started to put online 105 megawatts to the Mindanao Grid, this enabled DLPC to avoid implementation of rotational brownouts during off-peak hours.
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CorporateWorld 3 GSIS extends loan AirAsia Phils seeks fare moratorium period hike on costlier jet fuel BusinessWeek MINDANAO
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STATE-run Government Service Insurance System (GSIS) has extended the loan moratorium period for some 300,000 members and pensioners either living or working in the 126 areas severely affected by typhoon “Yolanda.” Robert Vergara, GSIS pre s i d e nt a n d g e n e r a l manager said the pension fund recognizes that its members and pensioners cont inue to suf fer t he devastating effects of the super typhoon, thus it is extending the moratorium period from May 2014 to October 2014. The grant of moratorium on all outstanding loans will enable “them to use the deferred payments on their GSIS loans to rebuild their homes.” The program automatically covers all active loan accounts as of October 31, 2013, of pensioners and members living or working in the 126 Yolanda-hit areas that were declared under a state of
calamity. In particular, all active GSIS loans accounts, even those with arrears, are covered by the moratorium. A l s o i nclu d e d are t h e emergency loan accounts granted for members and pensioners within November 1 to December 31, 2013. These loan accounts cover consolidated loan, cash advance, pension loan, pensioner’s restructured loans, policy loan, emergency loan, enhanced salary loan, educational assistance loan, summer one-month salary loan, and housing loan. In addition, the accounts of pensioners who availed of the installment payment of loans after retirement or Choice of Loan Amortization Schedule Program (CLASP) are covered by the moratorium. Members and pensioners do not need to apply for the moratorium. GSIS has issued a memorandum circular to its partner agencies on the extension of the loan moratorium period.
THE Philippine unit of Malaysia’s AirAsia is set to raise fares for its domestic flights. In a filing with the Civil Aeronautics Board (CAB), AirAsia Inc wants to increase its fuel surcharge by P100, which means fares would cost P400 more for its ManilaCebu and Manila-Kalibo flights. A public hearing on the petition is scheduled on May 29. A fuel surcharge is a temporary relief granted to airasia/PAGE 6
Ayala telco expands to Spain G L O B E Te l e c o m , In c . will start offering mobile telecommunications services in Spain within the year, the Ayala-led company said in a disclosure on Friday, adding it will target Filipinos there for this business. “...[O]n May 7, Globetel Internacional European España S.L. (Globetel España), a member of the Globe group of companies,
signed a memorandum of understanding with Ingenium Outsourcing Services, S.L.U. (IOS), a mobile virtual network aggregator based in Madrid,” the statement reads. “Glob etel España intends to launch mobile communications services in Spain within the year in collaboration with IOS,” it added.
“Services such as voice calling, SMS, load top-up, and mobile death will be offered by Globetel España to Filipinos based in or visiting Spain,” the company said, adding that the service will be available via prepaid subscription package. The C ommission on Filipinos Overseas, under the Office of the President, estimated Filipinos in Spain
at 33,274 as of December 2012. Globe said in its latest annual report that it incorporated Globetel España on October 4 last year as a unit of wholly owned subsidiary Globetel European Ltd. Globe saw net income fall 27.54% to P4.96 billion last year from P6.85 billion in 2012, as operating revenue expands/PAGE 6
Heifer International works in partnership with others in ending hunger and poverty, and caring for the earth. Heifer has helped more than 4 million families in more than 100 countries become self-reliant by providing them with farm animals, livelihood and training. Each family passes on the gift by giving one or more of its animal offspring to another family in need. Visit us at www.heifer.org / www.heiferphils.org
Heifer International Philippines
is seeking qualified candidate for its Southern Philippine Office
PROGRAM OFFICER This position provides leadership in facilitating and coordinating program development and project management in Livestock Husbandry & Animal Health according to the 10-year Strategic Plan of the Philippine Country Program following holistic and integrated approaches. Based at the southern Philippine Office in Butuan, the Officer will be responsible for ensuring quality of technical content and management process of the projects in the field that are undertaken by partners.
Qualifications: College graduate in Agriculture or Animal, Veterinary, Environmental or Social work
required; plus at least three (3) years work experience in development organizations. And at least one (1) year experience in working with multi-disciplinary teams. Exposure in field-based holistic programs and participatory approaches preferred.
Basic Knowledge, skills and Abilities:
Excellent oral and written communication skills in English. Familiarity with basic issues associated with poverty, hunger, and environment. Strong leadership, facilitation, presentation and interpersonal abilities. Ability to foster and maintain a spirit of unity, teamwork, and cooperation among all personnel – a team player. Ability to cooperate effectively with the Philippine program staff, other field personnel, project partners and like-minded organizations; Computer proficient in word processing, spreadsheets, presentation tools and internet. Sensitivity in working with multiple cultures and beliefs. Ability to speak and write regional dialects especially Visayan is an advantage; Ability and willingness to work with flexible schedule. Knowledge and experience with development work in other countries an asset; Willingness and ability to travel extensively, both local and international destinations
Send letter of application, resume and related documents, with latest 2x2 photo and properly accomplished “Application For Employment “ Form available at our website (www. heiferphils.org) not later than May 16, 2014 to:
The Country Director
Heifer International Philippines Unit 307 EnergyOpt Building, Prime St., Madrigal Business Park, Alabang, Muntinlupa City 1770 Application can also be sent to this email address: mabe.basco@heife.org
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The Juggler
T
hink a minute…There was a young man who moved from his home in Italy to live in America. He studied juggling and soon became famous all over the world. Later in his life, after years of success as a juggler and performer, he decided to return home to Italy and retire. He sold almost everything he owned and bought a big, expensive diamond. Then he boarded the ship for his home in Italy. One day he was showing a boy on the ship how he could juggle several apples at one time. Soon a crowd of the passengers gathered around to watch. Then the old juggler got more and more carried away with himself, wanting to impress the crowd. He ran to his room and got his precious diamond. He showed it to the people and explained how the diamond represented his whole life’s work and savings. Then, to the people’s shock and amazement, he started juggling the diamond! At first, he was careful; but each time he threw the diamond higher and higher. Finally, he told his audience that he would throw the diamond one last time so high that it would disappear for a few seconds. The people begged the old man not to do it, but he wouldn’t listen. So
THINK
A Minute
By Jhan Tiafau Hurst
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FVR, Forever @ PPI!
T
he other night, President Ramos literally was “a hit” all night to the nation-wide members of the Philippine Press Institute who gathered at the Trader’s Hotel in Metro Manila to celebrate its 50th year founding anniversary. He was 30 minutes early when he arrived at the hotel entrance already bantering with some well wishers (among them my colleague former Congressman Bert Lumauig of Banaue). When Atty. Raul Pangalangan, publisher of the Philippine Daily Inquirer and I came down to welcome him, he “welcomed” us instead. He was clad in his favorite barong, with the native Igorot material lining the seams and cuffs (calling his barong “igorotchi” which he described as much better than “Gucci”). ‘EX-PRESIDENT’ --FVR was in his usual jovial self. When I addressed him from the rostrum “Mr. President” he interrupted me by calling out aloud from his seat, admonishing me: “ex-president, ex-president”! (As if “somebody up there” would be displeased if he used that title -- so I had to correct myself ! LOL) He listened intently in his seat when Publisher Raul, in briefly introducing him, reminded everyone about the milestones during his presidency that many of us might have forgotten; like today’s cell phones and the landmark opening up of the Philippine economy made possible by his liberalization policy, the progress brought about by the military bases conversion; his being a “warrior for peace” due to
his unprecedented peace initiatives despite being a soldier. ‘CON TODO AMOUR’--When he went to the rostrum to give his message, he first called on everyone to please stand up and warmly hug the next person “con todo amour” (with all the love). He said it’s in this light that we, as a people, value our country and should value each other. “Go ahead, embrace each other “con todo amour” because it is perhaps this way that you can convince our legislators to pass the Freedom of Information bill”, he quipped. To further demonstrate, he came down from the rostrum and brought up the stage a lady guest and showed everyone how to do it. (Naughty him, he got away with several kisses!) When he started his message, he first appeared as if he was looking for his prepared speech. He then reached down to his socks where his papers were tucked saying: “During the early days, this was where we hid our .45s and ammos”. (As expected, he would throw to the floor every page when done -- which his aide would dutifully pick up and gather after his speech.) CREDIBLE, NOT RESPONSIBLE -- He then turned serious and talked about the responsibilities of media and the basic need to be accurate, independent and accountable, hallmarks of a “credible” press. No, he preferred not to describe media as “responsible press” because it might sound all right at first blush. “But then, it may be relevant to ask: what do you mean when we say ‘responsible’? By
whose standards or by what measures do we consider the press ‘responsible’? If you ask those in government or in politics, being a ‘responsible’ press may mean being less a critic and more a publicist. Being called a ‘credible’ press is better as ‘credibility’ is earned”, he said. SOCIAL MEDIA ---Touching on the challenges posed by social media on the printed press, he noted: “Today’s social media, as a rule, falls short of this imperative (of veracity or accuracy). For example, one who finds a post in Facebook and immediately ‘shares’ or ‘reposts’ or ‘likes’ what someone else posted without verification falls short of this rigorous attribute”. W A T C H I N G ‘WATCHDOGS’ ---He related his natural affection for the press which started when he was still a young boy and his father, the former Foreign Affairs Secretary Narciso Ramos was himself a journalist having published the community paper, the Pangasinan News in Lingayen, Pangasinan in the early 1930’s. He called on media to continue addressing the challenges of press freedom, security and media killings, professionalization and capacitation, redress and self-policing mechanisms, among others. He welcomed PPI’s planned activation of press councils that would not only provide a grievance mechanism for the public but shall be an “ombudsman” of sorts to act as watchdogs to watch over the press. PRESIDENT AS ‘JUGGLER’ -- He then described the difficult role
A dvocacy
Mindanao By Atty. Jess Dureza
of the Philippine president as a juggler who had to do balancing act in the air and keeping aloft “at least ten balls which are national problems”. He stressed: “More importantly, the President himself must never fall off from uncoordinated movements, panic or lack of focus -- because the whole nation will also crash with him”. His message was clearly directed at President Aquino admonishing him not to falter while describing the difficulty and the complexity of being in Malacanang. And he asked everyone to help “plug” the holes in the ship of state lest the whole ship sinks with everyone on board. He talked of the common challenge for a higher quality of life for Filipinos; he traced our heroes’ defiance from Spanish rule -- our early unspoken longing for freedom. He stressed that today’s clamor is for independence from poverty and bad governance. He concluded: “This is why -- in a democracy -- the country’s business is every citizen’s business, as it is the business of the press”. KAYA BA NATIN TO? --And in his trade-mark call, he dureza/PAGE 6
Solar Energy: Why Aquino Gov’t Isn’t Interested
L with the confidence of all his years of experience, the juggler threw the diamond so high into the air that it actually did disappear, before it started falling back down, shining and sparkling in the sunlight. Then, just as he was about to catch the diamond, a huge wave suddenly caused the ship to move and lurch forward, causing the juggler not to catch his diamond, which fell into the ocean and sunk, lost forever. What a sad story. To risk and lose everything you own and have worked for all your life. Yet some of us are just like that juggler. We’re very confident in our own strengths and abilities. We want to be in control and live life our own way, even though our Maker has clearly shown us that the only way to really live successfully is hurst/PAGE 6
IFE’S INSPIRATIONS: “…Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter…” (Isaiah 5:20, the Holy Bible). -ooo D AVA O CITY RESIDENTS TAP SOLAR E N E R G Y: D a v a o C i t y residents have proven yet again that energy officials of the Aquino government are an unthinking lot at best, or corrupt-to-the-bonefunctionaries of a government whose only desire is to favor rich businessmen and companies who deal in electricity and power generation at worst. Deprived of electricity and bedeviled by daily rotational brown-outs, the Davao City residents are now getting their electricity for their lighting and charging needs from China-made solar light emitting diode (LED) lamps which cost only P240.00 per unit, or P210.00 per unit for wholesale transactions, and which can be used for about
50,000 hours each. The solar-powered lamps are even a lot a safer to use than the usual candle or kerosene lamps because they reduce or eliminate altogether the possibility of fires during brownouts. So, if solar energy is proving to be an alternative source of electricity in Davao City, why is the Aquino government not interested to develop it and make the whole country use this kind of power? -ooo SOLAR POWER: WHY IS AQUINO GOV’T NOT INTERESTED: I ask the same question with respect to the other sources of electricity that are even now available in the Philippines---the windmills, hydrogen from water, and nuclear power plants. Why is the Aquino government neglecting to develop these other sources of power and thereby lessen our dependence on fossilized fuel-petroleum products (which are not only expensive but even outright deadly)? There can only be one reason for this: the Aquino
government does not want to develop alternative sources of energy because it does not want to deprive businessmen and companies who generate the kind of electric power we are now using of the billions of pesos of profits they are currently enjoying. Undeniably, the Aquino government clearly has the interest of these businessmen and companies in its heart, rather than the interest of the entire Filipino nation, and one can only guess that this is so because its leaders are indebted to these businessmen and companies in one way or another, particularly in the area of financing political campaigns. -ooo THE POLITICS OF C A M PA IG N CONTRIBUTORS: The same thing is true with the problem on impending water lack and rationing. The Aquino government has billions and billions of money in its yearly budgets since 2010 earmarked for water projects and yet, it clearly failed (or maybe refused) to invest in
K ak ampi
Mo A ng Batas
By Atty. Batas Mauricio
machines that can be used to transform even sea water into safe potable drinking water. If on ly t h e Aqu i n o government made good use of these billions in buying these machines, then Filipinos need not worry anymore about El Nino and hot temperatures which give rise to water lack every summer. But then, even if these billions appeared to have been spent already, we continue to be hounded with water lack four years into the second Aquino presidency. Why did not the Aquino government invest in water Batas/PAGE 6
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Banking&Finance Forex reserves slip anew PHILIPPINE foreign exchange reserves fell for a second straight month in April. In a report, the Bangko Sentral ng Pilipinas (BSP) said the countr y’s gross international reserves (GIR) dropped to $79.61 billion last month from the $79.65 billion in March. The BSP revised downwards the March figure from the initial estimate of $79.8 billion. The central bank blamed the drop in the GIR on payments of the national gover nment’s matur ing foreign currency debt and on losses the BSP incurred from its foreign exchange operations. Slowing down the outflows were loan proceeds of official development assistance (ODA), which pertain to concessional
loans and grants extended by the country’s foreign donors. Despite the drop in the country’s reserves, the BSP said the outstanding amount was enough to pay for 11 months of imported goods and services. A l t e r n a t i v e l y, t h e end-April GIR would be enough to pay 6.9 times over the country’s shortterm external debt based on original maturity, or 5.1 times over the same debt based on residual maturity. Debt based on residual maturity includes portions of long-term liabilities that will mature in the next 12 months. The BSP forecast the country’s GIR hitting $88 billion by end-2014. This is higher than last year’s $83.7 billion. An ample GIR helps prop
up the peso’s value vis-a-vis the US dollar, and keeps domestic inflation at bay. Yesterday, the Philippine Statistics Authority reported that inflation averaged 4.1 percent in April, edging higher from the previous month’s 3.9 percent. The BSP said it won’t hesitate to undertake “preemptive adjustments” should it risk missing its inflation target of 3-5 percent for
this year. It has kept its key interest rates at record lows of 3.5 percent and 5.5 percent for the overnight b orrowing and lending windows, respectively, since October 2012. During its last meeting, the BSP’s policy-setting Mone t ar y B o ard h i ke d banks’ reserve requirement by a percentage point to siphon off an estimated P60 billion in excess liquidity.
ING says BSP needs to hike interest rates ING Bank on Wednesday said the Bangko Sentral ng Pilipinas (BSP) needs to tighten its monetary policy amid high credit growth and the impending inflationary risks posed by El Nino, which would start next month. In a st ate me nt , t he Dutch bank said monetary authorities must mop up the excess liquidity in the system by hiking key interest rates to keep risks at bay. “Safeguarding the financial sector from risks
remains the driving force behind additional tightening measures such as liquidityre du c i ng a c t i ons . T h e (Monetary Board’s) tune after the reserve requirement ratio (RRR) hike at the last meeting remains the same,” Joey Cuyegkeng, ING Bank senior economist in Manila, said in a report. The Monetary Board, the policy-making body of the central bank, will be meeting tomorrow. On March 27, the
HAPSAY in DepEd-CdeO By Melba S. Omandam
Filipino children are the most precious national asset. The bond of support, effective nurturing through love, care, attention and ensuring children’s right and molding them in quality education are not only deemed necessary but are tremendous investment as well that they inherently learned. These significant factors effects and guide and shaping the nations dreams as future successors as the British writer G. K. Chesterton on his poet stated. “Education is simply the soul of a society as it passes from one generation to another”. In excess of 758 thousand children are enrolled to public schools in Region X in which DepEd- Division of Cagayan de Oro City shares 40% of the population. This very domestic figure on enrolment has been in-depth responsibility of the Division to deliver the demand of the true and honest implement at ion of the nation’s education program which is mandated in the Education for All- EFA Goal of 2015 and recently supported by the City Local Government’s Program on
HAPSAY Cagayan. Mo r e ov e r, d i f f e r e nt educational programs are introduced and carriedout in order to respond the mandates. Presently, the recent age demands for learning competencies that will advance science and mathematics and other learning instructions. Criterions are prepared and developed to address the needs and to continuously provide accessible, quality and sustainable education for all. While DepEd- CdeO directs the shaping of the division into what must be, it significantly ensures that administrators and staff as stewards have embraced in cle ar dire c t ions t he attainment of its vision and stimulated community awareness through shared responsibilities in developing life-long learning. In s pi re d by Hap s ay Cagayan de Oro, DepEdCdeO will continuously and sincerely knead best education to boost not only intelligent citizens but servant leaders who shall make the city an ideal, secure and peaceful place to live in.
monetary authorities kept the overnight borrowing and overnight lending rates at 3.5 percent and 5.5 percent, respectively, but hiked the banks RRR by one percent to 19 percent to mop up liquidity. A policy tightening would reduce the “risk of negative credit developments that may affect at least P870 billion worth of bank credit,” Cuyegkeng said. Of the total amount of bank credit, P708 billion are composed of property loans, which now make up 18 percent of the total loan portfolio of commercial banks as of March 2014. On average, loan growth
to property sector hit 21.2 percent year-on-year in the past 15 months to March 2014. The total bank credit also includes at least $3.6 billoin of foreign currency deposit units (FCDU) loans without natural hedges as of end-2013 and $5.2 billion FCDU loans to borrowers against their FCDU deposits. A tighter monetary policy could also support the peso, which would help moderate foreignh exchange risks for US dollar borrowers, Cuyegkeng said. T he e c onom i st s ai d another factor that monetary authorities must keep in mind hike/PAGE 7
Technology in education Junito C. Comeros, T-III Macabalan. Elem. School
Technology is a blessing for all of us. With technology, there is a lot that we can do then. It can be fascinating and mindboggling in what it can do. It can bring distant places and people together, establishing powerful connections. In education, technology contributes much to the improvement of teachinglearning process. Proper implementation of technology in the classro om gives students more control of their learning and tends to move the classroom from teacher-dominated to a more learner-centered. The use of technology enables the teacher to do differentiated instruction considering the divergence of students’ readiness levels, interests, multiple intelligences and learning styles. Technology is made for the teacher and not the teacher for technology. This means that technology is meant to serve and aid the teacher in classroom instruction. It is the
teacher who determines how technology is ought to be used in order to reap maximum benefits that come along with technology. However, when not used properly, technology b e c om e s d e t r i m e nt t o learning and development. Think of a student who surfs the internet for pornographic scenes. He will have trouble with his development later. The abuse and misuse of the internet will have far reaching unfavorable effects on his moral life. Think of a teacher who schedules a tv viewing class to for the whole hour to free herself from a one-hour teaching so that she can engage in “tsismis” with her colleagues. She will not benefit from technology neither will the class truly benefit from the whole period of tv viewing. Unless technolog y is invested with human values and used for social good, then it would be detriment to instruction and human progress and development.
Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
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5
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
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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
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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
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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
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Capistrano Corner CruzTaal St. CDO 8524099/722695
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AirAsia... from page 3
airlines to help them recover losses incurred from higher jet fuel prices. Fuel accounts for 50-60 percent of an airline’s operating cost per passenger, and is the second-highest expense next to labor. According to the International Air Transportation Association’s (IATA) Jet Fuel Price Monitor, prices averaged $123.7 a barrel as of April 25, up by 6 percent year-on-year. Month-onmonth, jet fuel prices were likewise up 2.7 percent. IATA expects jet fuel prices to average $123.4 a barrel, translating to an additional $6.1 billion to the global industry’s fuel bill. AirAsia Philippines started operations at the Ninoy Aquino International Airport (NAIA) Terminal 4 in June last year, after it ceased operation in December 2012. In Ma rc h l a s t y e a r, AirAsia Philippines forged a partnership with Zest Air, allowing the former, which operates out of Clark, to gain access to the latter’s slots at the NAIA. AirAsia Philippines holds an 85 percent economic stake and a 49 percent voting stake
in Zest Air while the latter owns a 15 percent stake in the former. AirAsia Group owns 40 percent of Philippines AirAsia. The remaining 60 percent is held by Hontiveros, Michael Romero, Antonio Cojuangco and Alfredo Yao.
Expands... from page 3
climbed 9.38% to P90.500 billion from P82.743 billion and operations expense jumped by a faster 14.7% to P89.504 billion from P78.033 billion. For 2014, Globe has earmarked $600-650 million for capital expenditure (capex) which will be invested in data network expansion, carryover cost for the second phase of its information technology upgrade, and “traditional services”. It said in its 2013 annual report that capex last year totaled P29.0 billion, 44% more than 2012’s P20.1 billion.
Dureza... from page 4
asked, at the end of his speech in a booming voice: “Kaya ba natin ito??” The crowd chorused : “Kayang kaya!” But
he was not satisfied. Slamming with his hand the rostrum, he barked: “Napakahina ng sagot nyo dito!” Of course, the second call got a loud reply from the audience. PRE S S AWA RD S - - He then presided over the awarding of the 2013 Civic Journalism Community Press Awards under the sponsorship of Coca-Cola Philippines. (He was looking for Atty. Adel Tamano, Coke’s Public Affairs and Communications Director who was in the Visayas and was able to send in only his video message.) After the program, he was literally blocked from leaving the hall by the journalists who swarmed around him. He gamely posed for souvenir pictures and “selfies” . He stayed and chatted for more than one hour after the program. STAYING POWER --Many members of the media who had covered him even during his incumb enc y c om m e nt e d t h at n i g ht about FVR’s “staying power”, despite his age. He still plays regular golf and prompts everyone to do push ups. He continues to hold sway at his lofty office complex of the RPDEV in Makati where he receives regular callers and
mulls over with his stream of visitors current national and international issues and events, except during times when he is somewhere abroad sharing his expertise and experience on the global stage. By force of habit, he has a piece of paper in his pocket where his never ending schedules are listed (as if he is still president.) His old bulging wallet, held together with a rubber band, still has give-away copies of printed Philippine Navy Golf Club score cards showing his golf score of “80” with a teaser: “Can you shoot your age in golf or lower? Yes, FVR (at 85 yrs old ) has done it 8 times! Can Tiger Woods? No, lacks seniority!....” Then of course, he hands out discreetly, especially to the “seniors”, a yellow-colored pocket sized “Great Truths About Growing Old” which contains saucy data like “counting calories” when removing a woman’s clothes, etc. etc. (better left to be read in private than published here. hahaha!) When finally he was able to head for the exit door that night, he told the accompanying ladies who were persistent in asking him about his political plans: “Please, don’t vote for me.
DEPED reiterates the adaption of the DepEd Order No. 73,s. 2012, The Promotion and Retention of Students MARILOU M. RODRIGUEZ, Ph.D DEPED Teacher III Macabalan National High School Cagayan de Oro City
BR. ARMIN A. LUISTRO FSC Secretary reiterated the adaption on the of DEPED order No. 73, s. 2012, The Promotion and Retention of students, effective immediately Summer 2014, S.Y. 2013 – 2014, Students who got the beginning level
shall required to the Summer classes. Promotion and Retention of students shall be by subject. Subject whose proficiency level is beginning (B) at the end of the quarter or grading period, they shall be required to undergo remediation after
class hours so that they can immediately catch up as they move to the next grading period. If by the end of the school year, the students are still at the Beginning level, then they are obliged to take summer classes. The level of proficiency at which the students is performing shall be based on a numerical value which is arrived at after summing
Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16,Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2014-001 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City INC., against Sps. Ocat and Ramonita R. Ocat to satisfy the mortgage indebtedness which as of March 12,2014 amounts to Two Hundred Twenty Thousand One Hundred Seventy Two Pesos Only (Php 220,172.00) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on May 16,2014 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16,Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage properties to wit: TD. NO. 96778 persently covered by TD.No. 98956 TCT No. T-1206 A parcel of Land (Lot 16668-D-1-C-1, Psd-10-0333897 being a portion of Lot 16668-D-1-C, Psd-10-033682) situated in the barrio of Cabangcalan (Now Isidro D. Tan) City of Tangub, Province of Misamis Occidental,Island of Mindanao.Bounded on the NW., along line 1-2 by Lot. 382 Cad. 271, on the NE., along line 2-3 by road lot on the SE., along Line 3-4 by road Lot., 16668-D-1-C-11 and on the SW., along line 4-1 by Lot. 16668-D-1-C-4, all the subdivision plan Psd-10-033897). Containing an area of FIVE HUNDRED SIX (506) Square Meters more of less. Assessed at P 23,280.00 as per Tax Declaration No. 96778.Covered by TRANSFER CERTIFICATE OF TITLE NO. T-1206. Registered in the name of the mortgagors in accordance with the provision of the Land Registration Act and duly registered in the Land Registry of the City of Tangub. TD No. 52533 presently covered by TD No., 98958 A parcel of residential land and all improvements thereon; situated in the barrio of Brgy. V. Tangub City, bounded on the North by Lot 010,012,013; on the South by Lot No. 17; on the East by Lot. 013 and on the West by Lot No. 016. Containing an area of One Hundred Twenty Five and Twenty Four (125.24) square meters more or less. Assessed at 4,010 as per Tax Declaration No. 52533. That the mortgagors are in continuous, uninterrupted and in actual possession of the said property, boundaries of which are marked with cemented posts which are planted in the corners thereof. All sealed bids must be submitted to the undersigned on the above stated time, date and place auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on May 21, 2014 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein properties if any there be. March 17, 2014, at Tangub City, Philippines.
up the results if the student’s performance on the various levels of assessment. The numerical values are as follows: Beginning, 74% and below; Developing, 75 – 79%; Approaching Proficiency, 80 – 84%; Proficient, 85 – 89%; Advanced, 90% and above. The equivalent level of proficiency in abbreviation from shall appear in the report card.
Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16,Tangub City IN THE MATTER OF THE CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF CLAUDY VHAN CANDIA DADIVAS AS TO DATE AND PLACE OF MARRIAGE OF PARENTS,
PROC. TC-2014-001
CLAUDY VHAN CANDIA DADIVAS, Petitioner,
Hurst... from page 4
His way. The only way to stay satisfied and safe is the way Jesus Christ showed us. Yet, we keep juggling with our own priceless life just one more day. But we never know when our life will suddenly end—and we will have lost our eternal life and suffer forever. Friend, for your own sake and happiness, why not ask Jesus to forgive you for all your wrongs and living your own way? Then ask Him to give you His power so you can start changing to live His way every day of your life—before it’s too late. Just Think a Minute … Publication Notice R.A. 10172
Batas... from page 4
purifying machines? Well, one can only guess a g a i n - - - m ay b e b e c au s e i t d i d n’ t a l s o w a n t t o deprive businessmen an d c omp an i e s d e a l i n g in water distribution of the billions they earn, for the y may have b een c amp ai g n c ont r ibutors , to o. -o o o R EMINDER S : Ple as e tune in: “Tambalang Batas at Somintac sa DZEC”, at 1062 kHz on the AM band, Mondays to Fridays, at 6 a.m.; “Kakampi Mo Ang Batas sa Radyo Trabungko F M ”, a t 1 0 3 . 7 m H z i n D on C arl o s , Bu k i d non , Mondays to Fridays, at 7 a.m.; and “Kakampi Mo Ang B at as s a DYKA” at 801 kHz on the AM band (Panay Island), Mondays to Fridays, at 10 a.m.
Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC
CFN- 0016-2014
Date : May 05, 2014
In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10172), Notice is hereby served to the public that VERNA P. RAÑIN has filed with this Office, a petition for change of first name from “ ” to “ ” and correction of entry in sex from “ “ to “ “ or correction of entry in the date of birth from “AUGUST 3, 1973” to “AUGUST 8, 1973” in the certificate of live birth of Verna P. Rañin at Initao, Misamis Oriental and whose parents are Remegio G. Rañin and Restituta S. Patlunag. Any person adversely affected by said petition may file his written opposition with this Office not later than May 23, 2014. (Sgd.) ISAIAS A. JARALES Municipal Civil Registrar BWM: May 12 & 19, 2014
Publication Notice R.A. 10172
Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC
CFN- 0017-2014
Date : May 05, 2014
In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10172), Notice is hereby served to the public that GREGORY A. ORQUILLAS has filed with this Office, a petition for change of first name from “ ” to “ ” and correction of entry in sex from “FEMALE“ to “MALE“ or correction of entry in the date of birth from “ ” to “ ” in the certificate of live birth of Gregory A. Orquillas at Initao, Misamis Oriental and whose parents are Dionisio M. Orquillas and Irenea B. Arbiso. Any person adversely affected by said petition may file his written opposition with this Office not later than May 23, 2014. (Sgd.) ISAIAS A. JARALES Municipal Civil Registrar BWM: May 12 & 19, 2014
-versusTHE MUNICIPAL REGISTRAR OF BONIFACIO, MISAMIS OCCIDENTAL, Respondent, x---------------------------------------------/ NOTICE OF HEARING
FOR THE EX-OFFICIO SHERIFF: BY:
WHEREAS, after alleging certain facts in a verified petition filed on February 26, 2014, petitioner prayer that after notice, publication and hearing, an order be issued directing the Municipal Civil Registrar of Bonifacio, Misamis Occidental, to make the necessary correction and/or changes in her record of birth, wit: That the entries on the date and place of marriage of parents at Entry No. 18. Of the petitioner’s Certificate of Live Birth which says” October 20,1994-Digos Davao Del Norte” to “ 27 May 1996-Pisa-an, Bonifacio, Misamis Occidental”. WHEREFORE, finding the petition to be due form and substance, the hearing of the same is hereby set on May 23,2014 at 8:30 o’clock in the morning, at the Session Hall of this Court at which date, time , and place, any person may appear and show cause why said petition should not be granted. The Sheriff of this Court is hereby ordered to post copies of this Notice in four (4) conspicuous public places, preferably in the Bulletin Board of this Court, the City Hall of Tangub City, the Barangay Hall of Pisaan,Bonifacio, Misamis Occidental and the Barangay Hall of EMB Homes,Labangal,General Santos City. Moreover, let a copy of this petition and notice be published once a week for three consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Municipal Civil Registrar of Bonifacio, Misamis Occidental. Any person having or claiming any interest under the entry whose corrections is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file its opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON. Presiding Judge, this 10th day of March,2014.
(Sgd.) WILLIAM C. ARANIEGO Sheriff IV
BWM: Apr. 28, May 5 &12, 2014
Baka manalo ako!” Then he flashed his thumbs-up sign and familiar grin. Someone shouted: “FVR, fore ver!” as he waive d goodbye and headed for the stairs. (Nope, not the elevator, folks!)
BWM: April 28, May 5 & 12, 2014
(Sgd.) FULGENCIA G. ABELLANA OIC-Clerk of Court
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Revival... from page 1
Mindanao but in the posh Sulu Hotel in Quezon City last Wednesday. Petilla reiterated the government’s proposal to adopt again the IMEM, which was already rejected by Mindanao electric cooperatives and consumer groups. Rodriguez said they have reminded Petilla about the House resolution rejecting the IMEM but he persisted, asking to meet again the leaders of Mindanao electric cooperatives in Manila next Wednesday. “Petilla did not even give us any update on the current Mindanao power situation,” Zarate said. Rodriguez said the Mindanao congressmen were the ones who offered solutions to end the power crisis, adding Petilla was only bent on pushing for the revival of IMEM. The three solutions they offered were to fast-track the procurement of modular generator sets, for the Energy Regulator y Commission to issue immediately the u n i f or m r at e s f or t h e electricity produced by the modular generators, and the use of a power barge in Nasipit, Agusan del Norte. Rodriguez said the 25-megawatt power barge is floating idly in Nasipit town. He said the barge was among the three small barges privatized by PSALM under the Electric Power Industry Reform Act of 2001. “If the government is serious, they can even bring the other two barges moored in Visayas to Mindanao,” Rodriguez said. Rodriguez said funds from the Malampaya project could be used to pay the private owners of the barges. “The Malampaya funds can also be used to dredge and rehabilitate the Agus and Pulangi hydro plants instead of selling them,” Rodriguez said. Zarate said the administration of President Benigno Aquino III has b een urging Mindanao cooperatives to buy the modular generators, which will be funded by the Malampaya funds, as a solution to the Mindanao power crisis. “Electricity produced by modular generating sets is very expensive. Many consumers will be surprised how high their electricity [bills would be] if the sets are used,” Zarate said. T h e As s o c i at i o n o f Mindanao Rural Electric C o o p e r at i v e h a s b e e n urging the DOE to relax its regulations on the use of modular sets. The Agusan del Sur Electric Cooperative, which has already bought a modular generating set, is enjoying a brownout-free environment while the rest of Mindanao is reeling from lack of power supply.
Electric cooperatives that have no modular sets, like the Misamis Oriental Ru r a l E l e c t r i c S e r v i c e Cooperative (MORESCO) 1, are experiencing at least a six-hour daily brownout.
Suspension... from page 1
suspended buses ply the Zamboanga City-Cagayan de Oro City via Pagadian City. The suspension order came 11 days after the LTFRB discovered that one of RTMI’s buses which figured in an accident had no franchise. Six people, including a three-month old baby, died while 16 others were injured in the accident that occurred last April 27 in Barangay Anonang, Aurora, Zamboanga del Sur. LTFRB Regional Director Abdulgafar Mohammad said in an earlier interview that the bus involved in the accident was not registered too. Baybayan said the LTFRB central office has ordered the RTMI to present within 30 days the 15 buses placed under preventive suspension for motor vehicle inspection before the Land Transportation Office. He said they are sending a team to confiscate the “forhire plates” of the suspended buses. He said the RTMI was also given 72 hours to explain why their Certificate of Public Convenience should not be suspended, cancelled or revoked. RTMI is the biggest bus firm in Mindanao. Its buses ply most parts of the island. (MindaNews)
Vivant... from page 1
coal-fired power plant in the municipality of Balingasag in Misamis Oriental. “The plant is expected to feed into the franchise area of Cagayan de Proro Electric Power and Light Corp., which covers the city of Cagayan de Oro and adjoining towns by 2017,” the disclosure further said. Further information on the deal executed by the two parties was not immediately available. The execution of this deal followed the signing of a memorandum of agreement between VIGC and Minergy last February that would allow the former to invest in the latter’s various power generation projects. Minergy is an independent power producer established in 1992 to help address the power supply woes in Mindanao. Vivant’s annual report showed that VIGC is the listed firm’s corporate vehicle for its investments in Abovant Holdings, Inc. and Cebu Energy Development Corp. (CEDC) Abovant was established in 2007 as a joint venture between VIGC (40%) and Aboitiz Power Corp. through Therma Power, Inc. (60%). It was incorporated to invest in
a new power plant in Cebu. T he fol l ow i ng ye ar, Abovant teamed up with Global Formosa Holdings, Inc. to form CEDC which was established to build, own, and operate a $450 million 246-MW coal plant in Toledo City, Cebu. The plant commenced commercial operations in 2011. With Abovant’s 44% stake in CED C (Global Formosa owns the remaining 56%), VIGC ’s ef fec tive interest in CEDC is at 17.6%. Vivant is engaged in energy distribution and generation services. It operates Visayan Electric Company, Inc., which provides electricity in the Metro Cebu and five other municipalities in the province. The company is also involved in the acquisition of power plant facilities, energy development ventures and marketing of electricity. Vivant, through Calamian Islands Power C orp. is building a 750-kilowatt diesel-fired power plant in Busuanga and 8-MW bunkerfired power plant in Coron -- both in the province of Palawan. The plants are expected to be operational this year. Through Vivant-Malogo Hydropower C orp., the company will also build a 6-MW hydroelectric power project in Silay, Negros Occidental. The project is expected to be operational by the last quarter of 2015. Vivant’s net income fell 35.83% to P1.304 billion last year from P2.032 billion in 2012. Revenues slipped 4.92% to P3.617 billion from P3.804 billion, while expenses jumped 31.18% to P2.091 billion from P1.594 billion. –www.bworldonline.com
Hike... from page 5
is the probable inflationary impac t of t he E l Nino phenomenon--that may last until the first quarter of 2015--could act as a “wild card.” “In previous episode of El Nino, headline and food inflation rates were higher by around 1 to 2 percentage points. In the past, BSP-MB did not act to contain supplyinduced inflation pressures
since monetary tools affect demand-caused inflation pressures. If this is again the policy action, then BSP-MB actions would still focus on safeguarding the financial sector,” Cuyegkeng said. The government may also resort to more rice importation, the economist said, to moderate the El Niño impact on rice output and prices. From the current target importation of 800,000 metric tons (MT), the imports could be increased to almost two million MT. O n Tu e s d a y , t h e g ov e r n e m e nt r e p o r t e d that inflation last month accelerated to 4.1 percent from 3.9 percent in March on the back of high food prices. Oil product price hikes and modest power rate adjustments pointed to slightly higher inflation. The BSP, however, said (http://www.interaksyon. com/business/86149/bspsays-wont-hesitate-to-makepre-emptive-adjustments-asapril-inflation-accelerates) it would not hestitate to make “preemptive adjustments” in light of the accelerating inflation. Despite this, the Philippines may still expand at a robust rate of 6.8 percent to 7.2 percent in the first quarter, much slower than the 7.7 percent recorded last year, Cuyegkeng said. Still, the economist said, the number could be better since since some economic indicators in the first quarter this year outpaced those seen in the same period in 2013, such as higher production indices and faster export and loan growth. Moreover, government spending net of interest payments also grew faster at an average of 14.1 percent in the first quarter 2014 versus 12 percent in 2013. Remittances from overseas Filipino workers also jummped by almost 17 percent as of February 2014, against 2 percent year-onyear. Cuyegkeng attributed this to the 10 percent yearon-year depreciation of the peso against the US dollar. On the other hand, power sales in the largest retail distribution franchise are slightly off the first-quarter 2013 pace, he added.
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) 231-6739a
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CEB highlights domestic travel and Philippine festivals in 75% off seat sale
T
he Philippines’ leading airline, Cebu Pacific Air (PSE:CEB) slashes 75% off fares across its domestic network, in a seat sale from May 8 to 11, 2014 or until seats last. This is for travel from June 1 to September 30, 2014. Up for grabs are 75% off fares to all its 33 domestic destinations, including Bacolod, Boracay (Caticlan), Busuanga (Coron), Cagayan de Oro, Camiguin, Cebu, Davao, Dumaguete, Iloilo, Manila, Puerto Princesa,
Siargao, Tacloban, Tagbilaran and Zamboanga. CEB operates an extensive Philippine network, operating approximately 60 domestic routes. It has six hubs in Manila, Cebu, Davao, Clark, Iloilo and Kalibo, making inter-island travel fast and affordable. “With this 75% off seat sale, we offer fare and route options so guests can attend events and seminars, and visit local festivals slated between June and September this year,” said CEB VP for
Marketing and Distribution Candice Iyog. Iyog urged guests to book their flights and plan their trips early. Events during this seat sale travel period include the Cebu Business Month and Baragatan Festival in Puerto Princesa in June, and the Bohol Sandugo Festival and Roxas Diwal Harvest Seafood Festival in July. Every August, Davao celebrates its Kadayawan Festival and Dumaguete is alive with the Silliman University Founders Day.
Each September, there is also the Daragang Magayon in Albay, the Tuna Festival in General Santos, and the Penafrancia Festival in Naga. “It would be great if more people get the chance to travel during these festive celebrations, because each one is unique to the city or province. We remain committed in supporting the government’s tourism agenda, and encourage everyone to find out more about fun Philippines,” said Iyog.
For bookings and inquiries, guests can go to w w w.cebup acif ic air. com or call reser vation hotlines (02)7020-888 or (032)230-8888. The latest seat sales can also be found on CEB’s official Twitter (@ cebupacificair) and Facebook pages. Those looking for hotel deals to go along with the seat sale fares may also v i s i t w w w. a g o d a . c o m / cebupacific . Agoda.com is Asia’s leading and one of the world’s fastest-growing
on line accommo dat ion platforms, offering the best possible price to a network of more than 390,000 properties worldwide. 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.
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By Bonne Zalzos and Mariejo Indira Ghandi Saligumba Liceo U MassComm Interns
R
o t a r y International District 3870 presidents-elect and other officials c onv en e d i n t h e annual PresidentsE l e c t Tr a i n i n g S eminar (PET S), Fri d ay May 9 at the Grand Caprice, Limketkai Center.
The participants of the seminar belong to different clubs along the district. These are Rotary Clubs from Cagayan de Oro, Kidapawan, Cotabato, Sultan Kudarat, Iligan, Gingoog, Bukidnon and Claveria. The training seminar is held for the incoming presidents of the rotary/PAGE B3
Rotary International District 3870 presidents-elect and other officials headed by District Governor Elect (DGE) Manuel “Manny” U. Along (seated center). photo by larawan studio
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Then and Now:
A Glance at the Life of a ADVENTURE Gaston Park Photographer TIME LIVE SHOW COMES TO AYALA MALLS
The magical land of Ooo has found its way to Manila as Ayala Malls brings Adventure Time characters for an exciting journey filled with awesome games and surprises this April to July. Cartoon Network’s unstoppable hit, loved by kids around the world reaching 131 million global viewers, is brought to life with the Adventure Time Live on Stage that takes viewers on a trip to Finn’s candy-tinted world. Adventure Time takes place in the Land of Ooo, a post-apocalyptic wasteland filled with magical creatures where series heroes Finn the Human and Jake the Dog, battle against a pastiche of geekish villains. Join Fann, a mad Adventure Time fan, as he attempts to write a totes radical Adventure Time fan fiction story that will turn into a real life adventure, where Finn and Jake are sucked through a wormhole between the Land of Ooo and Fann’s bedroom closet. Get ready to groove, bust a tune and sing your heart out at the Royal Karaoke as you help them accomplish their mission: rescue Fann and his friends in the audience by helping them to come up with a story that doesn’t sting. Witness the premiere of Adventure Time Live on Stage, meet and greet the cast and fast track time to create the most hardcore, epic fan fiction adventure story of all time at the different Ayala Malls: April 26 & 27 at the Glorietta Activity Center palm Drive, 1:00pm, 4:00pm and 6:00 pm May 2, 3 & 4 at the Abreeza Mall Activity Center, 1:00 pm, 3:30 pm and 6:00 pm May 9, 10 & 11, at the Centrio Mall Activity Center, 3:00 pm and 6:00 pm May 17&18 at the Fairview Terraces Activity Center, 1:00pm, 4:00pm and 6:00 pm May 24 at The District Imus 2F Activity Center, 4:00pm and 6:00 pm May 25 at The District Dasmariñas Activity Center, 5:00 pm May 30, 31 & June 1 at Ayala Center Cebu Activity Center, 2:00pm, 4:00pm and 6:00 pm June 7 & 8 at the TriNomaActivity Center, 2:00pm, 4:00pm and 6:00 pm June 13, 14 & 15 at the Market! Market! Activity Center, 1:00pm, 3:00pm and 6:00 pm June 17 at the Pavillion 2F Activity Center, 5:00 pm and 7:00 pm June 20, 21 & 22 at the Alabang Town Center Activity Center, 11:00 am, 3:00pm and 6:00 pm June 27 & 28 at the Harbor Point Activity Center, 11:00 am, 3:00pm and 6:00 pm July 5 & 6 at the Marquee Mall Activity Center, 1:00pm, 3:30pm and 6:00 pm Have a one great Adventure Time with your kids and head down to the Ayala Malls this season! About Cartoon Network Asia Pacific Cartoon Network, the number one kids’ channel in Asia Pacific, offers the best in original animated entertainment while also drawing from the world’s most iconic cartoon library of Warner Bros., MGM and Hanna-Barbera titles. Original series showcased on Cartoon Network include the international hit franchise Ben 10, Emmy-winning Regular Show and BAFTA-winning comedies The Amazing World of Gumball and Adventure Time. Cartoon Network is available in 27 countries throughout Asia Pacific and is currently seen in more than 75 million pay-TV homes. Online, Cartoon Network reaches nearly three million unique visitors a month in the region. In Asia Pacific, Cartoon Network is owned and operated by Turner Broadcasting System Asia Pacific, Inc., a Time Warner company. Their website is at www. cartoonnetworkasia.com For further information, contact: Susan Joven or Sandy Espinosa Visions & Expressions Ayala Land Inc. Tel: 843.1319 Tel: 7557900 Fax: 843.2310 http://www.ayalaland.com.ph
by ROQUE SALVO, Liceo U MassComm Intern
P
hoto g r aphe rs u s e t he i r c ame r a s a s to ol s for e x pl or at i on , p a ssp or t s to i n ne r s anc tu ms , and i nst r u me nt s for change. T he i r i m age s are pro of t hat photo g r aphy m atte rs now more t han e ve r. As a photo g r aphy e nt hu s i a st l iv i ng i n a C ag ay an d e O ro, I re a l ly l ove to t r avel and e x pl ore ne w t h i ng s . I br i ng my c ame r a e ve r y d ay s o a s not to m i ss t re a su r abl e mome nt s me ant to b e c aptu re d. My C ame r a ha s b e e n p ar t of my d ai ly j ou r ne y i n l i fe. T hat’s how p a ss i on ate I am w he n it c ome s to photo g r aphy. It w a s Apr i l 2 8 , 2 0 1 4 , Mond ay mor n i ng w he n I we nt to S ai nt Au g u st i ne Me t rop ol it an C at he d r a l, t he ol d e st chu rch i n C ag ay an d e O ro, I we nt t he re to pr ay and g ive t han k s to G o d for t he c ont i nu ou s bl e ss i ng s t hat he g ave to me and to my f am i ly. A f te r w ard s , I tou r t he ne w ly re nov ate d G a ston Park , s e r ve s a s one of t he l and m ark s he re i n t he he ar t of t he c it y. T h i s g ave me an opp or tu n it y to ch it - chat w it h an ol d m an s itt i ng on a b e nch w it h a c ame r a on h i s hand, t he mome nt I s e e h i m t he re’s a fe el i ng i n my he ar t t hat I c an not e x pl ai n , I fe el t he ge nt l e ne ss and k i nd ne ss up on h i m . T hat u ne x pl ai n abl e fe el i ng mot iv ate d me to appro a ch h i m and ge t to k now h i m and I d i s c ove re d t hat he ha s b e e n a photo g r aphe r at G a ston Park for 5 2 ye ars now. “ Tat ay ” E me d i o C ag a s i s a 7 4 - ye ar- ol d photo g r aphe r and a re s i d e nt of B ar ang ay Ma c an han . He ha s 1 0 ch i l d re n . Tat ay E me d i o’s w i fe i s a ne w bi e photo g r aphe r i n t he G a ston Park st ar te d ju st t h i s ye ar. Tat ay E me d i o i s a h i g h s cho ol g r a du ate. B e fore he e ng age d h i ms el f i n photo g r aphy, he e x p e r i e nc e d m any cha l l e nge s i n l i fe. Whe n he w a s 1 7 , he w a s a f ar m l ab ore r i n t he i r prov i nc e, but he d i d not f i nd h i s for tu ne t he re, t hat
pu she d h i m to move he re i n C ag ay an d e O ro C it y w he re he b e c ame a d isp atche r i n t he pi e r and a bre a d ve nd or i n C o gon Marke t . B e c au s e of h is h ard work and p e rs e ve r anc e, he e ar ns a bi g amou nt of mone y f rom s el l i ng bre a d s and f rom b e i ng a d i sp atche r. He go e s b a ck to h is prov i nc e and u s e d t he mone y i n bu i l d i ng h is ow n hou s e i n t he Prov i nc e of Mi s am i s O c c i d e nt a l. Eve r y Su nd ay he v is it s C ag ay an d e O ro C it y p ar t i c u l arly i n G aston Park w he re he me t Mr. Ne r i, a photo g r aphe r. Mr. Ne r i to ok a photo of h i m and t h is is w he re Tat ay E me d i o got i nspi re d, k now i ng he c an i m me d i ately e ar n mone y af te r t a k i ng a photo g r aph . T h i s e nc ou r age d Tat ay E me d i o to buy a c ame r a , l e ar n i ng how to sho ot and st ar te d work i ng as a photo g r aphe r i n t he ye ar 1 9 6 2 , i n bl a ck and w h ite and u s i ng t he ana l o g u e c ame r as . Tat ay E me d i o s ai d t h at du r i ng h i s t i me w he n te ch nol o g y w as not ye t pro g re ss ive, he w as ve r y i n d e m and i n t he G aston Park e sp e c i a l ly e ve r y Su nd ay af te r m a ss , t he re we re many p e opl e w ho re qu e ste d h i m to t a ke a photo of t he m . He i s mu ch d e s i re d by a l ot of c u stome rs . Pe r shot c o st 2 5 or 5 0 p e s o s . He e ar ns arou nd one t hous and or t wo t hou s and p e r d ay. Tat ay E me d i o a l s o share d t hat t he re are t i me s t hat he e nc ou nte r a c on f l i c t b e t we e n h is c o photo g r aphe rs at G aston
Park b e c au s e of c omp e t it i on to ge t c u stome rs . He a l s o a d d e d t h at t he re are p e opl e w ho d e g r a d e and d is re sp e c t h i m b e c au s e for ot he rs he is ju st a che ap and l ow - cl ass photo g r aphe r t h at c an b e fou nd any w he re. T he s e i nsu lt s c au s e h i m to o mu ch p ai n but d e spite t he p ai n he felt , he re mai ne d st rong and he work h ard to help h is f am i ly. Now t h at t he te ch nol o g y e volve s , maj or it y of t he p e opl e ow ne d mo d e r n g a d ge t s l i ke phone s bu i lt w it h c ame r as or and roi d phone s , t abl e t s , d i g it a l c ame r as and D SL R’s . T h is te ch nol o g i c a l a dv anc e me nt af fe c t s t he l i fe and work of t at ay E me d i o. He is no l onge r i n d e mand to p e opl e. It s e e ms l i ke mo st p e opl e i g nore h i m b e c au s e p e opl e a l re a dy ow ne d c ame r as . B e fore, Tat ay E me d i o’s i nc ome w as h i g h , he st i l l e ar ns now, but not t h at mu ch as b e fore. Tat ay E me d i o d o e s n’t h ave a pl an to stop work i ng as a photo g r aphe r b e c au s e he is u s e d to t h is . He a l re a dy l ove s t h is l i ne of work , e ve n t hou g h ou r ge ne r at i on to d ay won’t re c o g n i z e h i m . He w i l l f i g ht for photo g r aphy u nt i l he dies. He st i l l b el i e ve s t h at s ome d ay ou r s o c i e t y w i l l ch ange. Tat ay E me d i o k now s t h at G o d is w it h h i m . G o d w i l l help h i m . Ti me w i l l c ome p e opl e w i l l f i nd and c ome to Tat ay E me d i o to b e t he i r photo g r aphe r ag ai n . Tat ay E me d i o’s l i fe stor y ma d e me c r y a l itt l e, b e c au s e as a hobby ist , I c an rel ate to h i m . I a l s o e x p e r i e nc e t he up s and d ow ns of t he photo g r aphy worl d and a l s o I w as d e g r a d e d and d is re sp e c te d by s ome one but ju st l i ke Tat ay E me d i o, t ho s e e x p e r i e nc e s I h ave ma d e me a st rong p e rs on to d ay. I wou l d not b e a st rong and d e d i c ate d p e rs on i f w it hout t ho s e e x p e r i e nc e s . Photo g r aphy is ou r p ass i on , ou r st re ng t h .
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino
AgriBusiness
Coconut oil exports slide by 54.1% in first quarter THE volume of coconut oil exports, the country’s top agriculture export, dropped by over half in the first quarter due to limited copra supply. According to the United
Coconut Association of the Philippines (UCAP), coconut oil exports contracted by 54.1 percent to 174,210 metric tons (MT) from 379,470 MT a year earlier.
For the month of March, coconut oil exports dipped by 61.9 percent to 59,950 MT from 157,170 MT in the same comparable period. UCAP executive director Yvonne Agustin
Rotary...
Juarez. Plenar y sessions are held during the event, wherein several topics are discussed, including the roles and responsiblities, humanitarian ser vice, public image and the Rotary Club Central and the RID 3870 BB. A District assembly will also be held on May 10, for the rest of
the delegates. The Rotary Club International District 3870 will continue its advocate to eradicate polio around the world. “We want to raise funds to help in the eradication of polio through golf tournaments.” said DGE Manuel “Manny” U. Along. District Governor.
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clubs for the Rotary Year 2 0 1 4 - 2 0 1 5 . “ T h is is to prepare the incoming presidents and officers of the Rotar y Clubs in the district for their coming year of ser vice in July.” said PD G Fe “Bing” R .
said copra supply remains tight because “most coconut trees are still stressed after two successive years of good production” and because Typhoon Yolanda flattened plantations in the Visayas last November. “It’s a double whammy for the industry,” she said. Despite the lower volume, the average world market price for coconut oil is at $1,389 per MT, slightly higher than the $1,378 per MT average price of its substitute palm kernel oil. “It’s a good thing that prices of palm kernel oil [were] able to catch up faster in March. A wider gap in the prices may result to buyers shifting to palm kernel oil, which is a cheap er alternative,” Agustin said. This year, UCAP targets t o e x p or t 8 5 0 , 0 0 0 M T coconut oil, lower than the 1.1 million MT in 2013 after the effects of Yolanda.
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BFAR-11 braces for ‘El Nino’ DAVAO City -- The Bureau of Fisheries and Aquatic Resources in Region 11 (BFAR-11) is on alert against decrease in the agricultural and marine production with the onset of the very dry season or El Niño. This early, the Department of Agriculture (DA-XI) has projected a 20 percent reduction in both agriculture and fisheries production and warned farmers against the drying up of fishponds and decrease in water sources to supply the irrigation systems. “While summer season is a natural phenomenon, we will intensify the monitoring of fish stocks per operator,” said Fatma Idris, BFAR-11 Regional Director. Idris also expects a reduction of fish stocking for fish cages by 50 percent, thus urged farmers to use alternate fish cages for stocking to ensure the survival of the fish resources. “Changes in temperature could affect aquatic life and many marine species may not thrive in high temperatures resulting to fishkills,” said Councilor
Marissa Abella, chairperson of the Committee on Agriculture. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) has warned that El Nino might extend up to the first quarter of 2015. El Niño is a weather phenomenon associated with extreme climatic change including devastating winds and drought which can prevail for more than a year. PAGASA has noted high temperatures of up to 34 degrees Celsius in the city, with the hottest temperature recorded on April 28 at 35.3 degrees Celsius. Abella asked Dabawenyos to prepare for a possible limited number of fish supply with the expected migration of marine resources to places where they can thrive depending on temperature. “But the government will not falter in its obligations to support our farmers and fisherfolk,” she said. (PNA)
LAMBO MISAMIS ORIENTAL. Governor Yevgeny Vincente B. Emano formally turns over a multi-purpose building to residents of Brgy. Lubluban, Libertad earlier today. As his administration values common good for his people, Governor Emano vows to provide better service.
MISAMIS ORENTAL – In celebration of the women’s month, Vice Governor Joey G. Pelaez and Provincial Board Member Bing F. Dumadag, assisted by Provincial Jail Warden Dominador G. Tagarda, visited the lady inmates of Misamis Oriental Provincial Jail last March 31, 2014. Board Member Dumadag sponsored a sports fest and parlor games to honor the women inside the jail and encourage them to develop themselves despite their situation. Board Member Dumadag is the Chairman of the Committee on Women, Children and Family Relations while Vice Governor Pelaez is the Chairman of the Committee on Peace and Order, Public Safety, Police, and Jail Matters of the Sangguniang Panlalawigan.
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Energy Saving, Producing Properties Highlight Real Estate Confab Cagayan de oro city -- In these days of rotating brownouts, don’t you just want to own a property that produces its own energy and at the same will let you save on electricity? At the recently concluded PAREB 2014 Joint Vis-Min Regional Conference held at the Limketkai Luxe Hotel in Lapasan, Cagayan de Oro City, Primavera Residences showcased the many benefits of investing in eco-friendly and energy efficient properties. The PAREB 2014 Joint Vis-Min Regional Conference was a two-day event gathering of realtors and property developers from the Visayas and Mindanao regions. The Philippine Association of Real Estate Boards (PAREB) is the leading and oldest real estate organization in the Philippines. It aims to promote trade relations and expansions in the industry as well as support the government's efforts for sustainable development. According to Primavera Residences VP for Sales and Marketing Gladys Magadan-Echano, an energy efficient property helps lessen the demand for power supply. "Management of different energy sources with a smart grid will make the building more energy efficient and will mean lower cost for tenants ," she said. As the Mindanao region is gripped with power shortage and rotating brownouts, Magadan-Echano firmly believes that there is an immediate need for alternative renewable energy solutions. "Investing in an energy efficient property such as Primavera Residences will also add value to the investment as the market value of green properties increases over the years. An eco-friendly, energy efficient property also enhances the general wellbeing of the occupants. Proper ventilation is one key factor in the decision-making process of a condo buyer. If the property is not well-ventilated, the occupants' health and well-being is at risk," explained Magadan-Echano. The event was attended by special guests Cagayan de Oro City mayor Oscar Moreno and Professional Regulatory Board of Real Estate Service (PRBRES) chairman Eduardo G. Ong. Primavera Residences is an award-winning green property development situated in Uptown Cagayan de Oro. Its passive cooling features include ledges on the exterior walls that provide shade and reduce the amount of direct sunlight hitting the windows, thus minimizing the use of air-conditioners. An inner courtyard at Primavera Residences also provide natural ventilation by expulsing warm air out through the rooftop. In June, the rooftop will also be fitted with photovoltaic solar panels to produce its own energy for use in the building's common areas. Because of its eco-friendly features, Primavera Residences won in the 2014 Asia Pacific regional competition of the prestigious International Property Awards in the Mixed-Use Development category. In 2011, it was highly commended by the Southeast Asia Property Awards (SEAPA) for Best Condo Development in the Philippines. Primavera Residences was also named as a finalist in the Most Promising Clean Energy Investment Opportunity of the Year category by the CTI PFAN Philippines Clean Energy Investor Forum in 2010. Potential unit buyers can call Primavera Residences for inquiries at (088) 310-8173, 09177921078 or they can visit the Primavera website at: www.primaveraresidences.com.
Environment
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XU opens Marine Station in Solana, Jasaan Xavier University formally opened the Xavier University Marine Station in Solana, Jasaan, Misamis Oriental on May 6. The Marine Station will be managed and supervised by the XU McKeough Marine Center (MMC). “This facility has been given to us to serve our community and care for our environment,” said XU President Fr Roberto Yap SJ during the blessing of the Marine Station. The XU Marine Station will support researches in biology and marine biology, and related studies on the sustainable development of the environment. Adjacent to the Station is an Activity Center equipped with a multi-purpose hall, cottages, dormitory, kitchen and a store room for meetings, public presentations, fora and training workshops related to marine research and social outreach. There is also a field site, fronting the Marine Station, which hosts marine resources and other ecosystems. It will serve as a site for training in basic ecological survey methods and techniques. “ These components complete the basic make up of a good research facility: a set of indoor laboratories, a field site for experiments, and facilities for training/ workshops,” explained Fr Mars Tan SJ, MMC director. “M M C h a s a l r e a d y generated a 3D bathymetric and resource map of the coastal site as a source of baseline information for
MMC Director Fr Mars Tan, XU trustee Ms. Ma Teresa Alegrio and XU president Fr. Roberto Yap unveil the building marker of the new XU Marine Station.
present and future studies,” he added. Building on the past, shaping the future “XU is building on its past and shaping the future,” said Fr Yap. A Jesuit priest, Fr James McKeough, was one of the pioneers of marine science when it star ted in the Philippines in the 1960s. He started XU’s Marine Biology program which launched marine science education in Northern Mindanao. In 2006, the McKeough Marine Center was formally established as a research and social development arm in the field of marine science. “We have a good, strong program in Marine Biology,” said Fr Yap, “and we have a
chance to strengthen our achievements through the marine station.” Fr Yap emphasized that caring for the environment is part of Jesuit mission. “You cannot be a Jesuit university if you don’t have a clear environmental program,” he said. XU’s approach in the protection of the environment has been to look at the whole ecosystem from the ridge to the reef. The Marine Station will, thus, not only support researches in marine science but also support environmental research in general. “Let this be a facility we can use to shape the future,” he said. Dr Hilly Quiaoit, XU vice
DSWD 10 trains field workers to validate Sendong victims By CHENG ORDONEZ
CAGAYAN DE ORO CITY -- The Department of Social Welfare and Development Regional Field Office 10 (DSWD 10) conducted a three-day training for field workers who will be assigned to conduct household assessments to validate the Modified Cash Transfer Program (MCTP) for Families in Need of Special Protection (FNSP), and who were "Sendong victims." T h e t r ai n i n g , h e l d from May 7 to 9, 2014, at the Pearmonth Inn, here, involved 27 field workers -- 19 enumerators, four area supervisors and four encoders -- who will go on field work for 15 days and get in touch with households located in Cagayan de Oro City, Iligan City and in Linamon and Kauswagan in Lanao del Norte province. At least, 4,645 families have been granted cash
grants through the Pantawid Pamilyang Pilipino Program (4Ps) last year for being considered as "Sendong victims." DSWD 10 Asst. Regional Director for Administration Purita Santa said the 4,645 families were assessed after typhoon Sendong hit Northern Mindanao, as part of DSWD's commitment to help them recover from the disaster. "Unfortunately, these families were not listed in the Listahanan or the National Household Targeting System for Poverty Reduction (NHTS-PR) database, thus, we need to determine first if they are poor or non-poor households," Dir. Santa said. She told trainees during the opening program that "DSWD 10 needs to validate t h e s e f a m i l i e s b e f ore mainstreaming them to the regular 4Ps." Dir. Santa said the role
of the field workers or enumerators are crucial in the DSWD's validation of the target families who were not included in the Listahanan. The training dubbed as "Training for Special Validation of MCCT-FNSP Beneficiaries" discusses the Objectives of the Training, Listahan Implementation Structure, Overview of the Modified Listahan Project Cycle, Mainstreaming of Beneficiaries to 4Ps and Roles and Reaponsibilities as Area Super visor and Enumerator and Deployment Planning, among others. Dir. Santa appealed to the field workers to "realize the importance of their tasks ahead during the validation, as this would form part of the future of these families, specially their children." (With a report from Mitzie Santiago/DSWD)
president for Research and Social Outreach, related that XU had a marine station in Bulua during the 1980s, but because of the developments in the area, it became an unsuitable site for a marine station. The search for a new location was started in the 2000s. It took many years before they finally found the place in Solana, Jasaan. The blessing of the XU Marine Station was graced by members of the Macajalar Bay Development Alliance, the Bureau of Fisheries and Aquatic Resources, Philippine Coast Guard, local government units, Samdhana Institute, alumni of XU’s Marine Biology program, and members of the XU community.
Captured Philippine eagle turned over to Foundation COTABATO CITY -- The baby Philippine eagle captured by farmers in a remote village in North Cotabato had been turned over to proper authorities and is now safe, authorities here said. Magpet municipal environment officer Edgardo Linsag said the baby Philippine hawk eagle was turned over to the Philippine Eagle Foundation (PEF) in Davao City Tuesday. The two month-old eagle was recovered by farmers in Barangay Manobo, Magpet, North Cotabato over the weekend. Linsag also clarified earlier report that the captured big bird was a monkey eating eagle which is endemic in the country’s highest peak - Mt. Apo. Linsag said the eagle, more than a kilo in weight, fell from a huge tree in the thickly forested Barangay Manobo while its mother eagle was nowhere to be found. Farmers saw the baby eagle being attacked by birds, prompting them to rescue the young big bird and turned them over to Roy Pelonio, Barangay Manobo chairperson. Linsag said the PEF took custody of the baby eagle, is now taking care of it and once it is already capable of flying, it will be returned to the wild, also in Barangay Manobo, Magpet town. (PNA)