BusinessWeek Mindanao (November 24, 2014)

Page 1

BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 72

Market Indicators As of 6:12 pm nov. 21, 2014 (friday)

FOREX

PHISIX

US$1 = P44.98

7,276.18 points

72 cents

X X Briefly 7.23

points

Age limit for 4Ps THE Department of Social Welfare and Development (DSWD) Northern Mindanao has consulted school principals of secondary public schools of Northern Mindanao on the implementation of the extended age coverage of childrenbeneficiaries of Pantawid Pamiyang Pilipino Program (Pantawid Pamilya). The consultation aims to solicit recommendations from the principals for policy enhancements, especially on the compliance of beneficiaries who are undergoing alternative delivery mode of formation in secondary education and those who are under non-formal formation of the Alternative Learning System of the Department of Education (DepEd); aside from lobbying to them the possible inclusion of youth development session to its Values Education subject. The extended age coverage program of DSWD to former grantees of Pantawid Pamilya goes beyond the five-year limit to cover up to high school education; to extend the age coverage up to eighteen (18) years of age, taking into account the K-12 program of the Department of Education; to provide a higher grant amount of P500 per child in high school; and to maintain the limit of three child beneficiaries per household.

www.businessweekmindanao.com

P15.00

DOE reasserts push for RE sources in M’danao

E

By MIKE BAÑOS, Editor-at-Large

NERGY Secretary Carlos Jericho L. Petilla has reiterated the Department of Energy commitment to push renewable energy in Mindanao but warns that new plants have to be balanced by ancillary services due to the volatile nature of RE.

“We should also push renewables but we have to be cognizant that RE is intermittent,” Petilla stressed in his keynote speech during the blessing and inauguration of the 20MW bunker-fired power plant of Peakpower Socsargen Inc. (PSI) in Bgy. Apopong, General Santos City last week. Petilla cited the case of Germany’s regulatory agencies which despite the presence of six contractors predicting the behavior of renewable energy to its power grid, have had to resort to importing

energy from neighboring countries in the few times the projections failed to match actual demand. “In Europe, they can import power from other countries to address shortages arising from this but we don’t have the same option due to the archipelagic nature of the Philippines,” he added. Ancillar y ser vices is defined as anything that supports the transmission of electricity from its generation site to the user, including load regulation, spinning doe/PAGE 7

Wheelchair ordinance THE Department of Education (DepEd) Region 10 under Atty. Shirley Chatto and represented by Dr. Noe Simene lauded and expressed full support to the proposed ordinance mandating the management of schools, malls and business establishments to provide free use of wheelchairs for their customers/ clients. The proposed ordinance was drafted by Cagayan de Oro Councilor Dante Pajo, chair of the City Council committee on health and sanitation, in response to the request of the Regional Committee on Disability Affairs through its Vice Chairman, Dr. Enrique Ampo. During the meeting of the committee on health, Dr. Simene welcomed the proposal even as he assured Councilor Pajo and Dr. Ampo that all schools in Region 10, which were constructed since 2012 and funded by the national government have already included ramps in their structures.

Monday | November 24, 2014

NEW POWER PLANT. Energy Sec. Jericho L. Petilla speaks with PSI Chair Dr. Walter W. Brown, Gensan Chamber Pres. Atty. Raul Josefino Miguel and PSI President Roel Z. Castro on the sideline during the blessing and inauguration of PSI’s 20MW bunkerfueled peaking plant in General Santos City. (Photo by Mike Baños, NPN)

Cash-strapped cement plant in extends suspension of operations By ROEL CATOTO MindaNews

MEDICAL MISSION. Residents of Brgy Amontay in Nasipit, Agusan del Norte availed of the medical and dental services initiated by the local government and power generator Therma Marine, Inc. For this year alone, six barangays in the municipality have benefited from free medical consultation, distribution of non-prescription medicines, hearing tests, dental and eye check-up with free reading glasses and other health-related examinations. (Photo Provided)

SURIGAO City – Cashstrapped Pacific Cement Company Inc. (PACEMCO) has decided to extend the suspension of its plant operations for three months to complete the ongoing negotiations for the infusion of funds needed to re-operate the plant. According to the company notice to all its employees dated November 15, 2014 a extends/PAGE 7

Workers of the financially-troubled Pacific Cement Company Inc. (PACEMCO) in Surigao City. File Photo

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776


BusinessWeek MINDANAO

2

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 24, 2014

Economy

P3.9M DOLE-X livelihood projects turned over to Lanao del Norte TUBOD, Lanao del Norte -- Some P3.9M was turned over on November 14 to five different Municipalities of Lanao del Norte in line w i t h t h e g ov e r n m e nt’s B o t t o m s - up - B u d g e t i n g (BUB) program, also

known as the Grassroots Participator y Budgeting Process (GBPB) under the Department of Labor and E mp l oy m e nt , R e g i on a l Office No. X (DOLE-X). The turn-over was conducted at the SB Hall

of t h e Mu n i c ip a l it y of Tubod, Lanao del Norte led by the provincial head of DOLE- X Lanao del Norte Field Office, Remegio S. Cabañog. T h e re l e a s e d g r a nt s were given to Local Government Unit (LGU) of L ala amounting to P1,530,000.00; LGUPo ona Piagap o with P280,000.00; LGUKaptagan, P510,000.00; LGU-Bacolod with P300,000.00; and LGUTubod with P1,305,000.00. The event was witnessed by Bacolod mayor Joselito Miquiabas, Kapatagan mayor Benjie Bagiuo, Lala vice mayor Lito Gonzaga, b a r a n g ay P i g c a r a n g a n , Tubod barangay captain Alfredo Icalina and the respective municipal treasurers. Tu b o d v i c e m a y o r E d w a rd P i d o, i n s p i re d the beneficiaries, “Naga

sup or t a kami s a D OLE n a n a g a l a nt aw u g n a g a pasimuno gayud na mulampus kaning tanang mga negosyo kay mao kani ilang basihan sa dugang pa ni la na hinabang s a pagpalambo sa negosyo.” (We support DOLE in its endeavor and facilitation that its livelihood grants released will sustain, as this is their basis for additional/enhancement of financial assistance later on.) Kapatagan mayor Benjie Baguio expressed his gratitude to DOLE-X for its continued support and p ar t ne rsh ip to t he Mu n i c ip a l it y and t he Province, “Nagapasalamat kami sa DOLE na isa sa m g a a h e n s y a s a at o n g g o by e r n o n ap a s p a s a n g paghatag sa financial na hinabang sa pagpalambo sa negosyo, hilabi na sa LGU.”

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Sapang Dalaga employment service manager wins Miss PESO 2014 LEONORA Miraflor, Public Employment Service Office (PESO) Manager of the Municipality of Sapang Dalaga, Misamis Occidental of Region X, emerged winner during the 14th National Congress for PESO where highlights included the 2013 Best PESO Awards Night and the search for Miss PESO 2014 on October 22-24, 2014 in General Santos City. DOLE-X regional director Raymundo G. Agravante along with some 46 PESO Managers including provincial heads from its six provincial field offices represented DOLE-X attended the event. Miraflor bested some other 14 hopefuls because of her “queenly” carriage, stage projection, poise and beauty. “I did not expect that I would turn out the queen tonight! I am very happy of the honor I received from this national congress. I commit to work harder as DOLE’s front person in serving the people of Sapang Dalaga and the province of Misamis Occidental. This is for all of you,” Miraflor said. Northern Mindanao region endorsed three nominations for the PESO Awards Nights, under the following categories: Patricio P. Parami, Jr. for the 1st-3rd Class Municipality representing Lugait; Esther R. Alipao of Magsaysay for the 3rd-4th Class Municipality and Eden D. Zamora for Valencia City under the Component City.

The theme, “PESO for the ASEAN Integration, 2015 and beyond,” aimed to prepare the PESO Phil Network to effectively and efficiently face the opportunities and challenges presented by the ASEAN integration. Labor Secretary Rosalinda D. Baldoz graced the occasion who acclaimed the efforts of the PESO Managers nationwide for sustaining the vigor of PESO as the DOLE’s valuable partners in delivering employment facilitation services. The congress is a venue for PESO managers to learn, exchange ideas, and showcase best practices on employment facilitation; strengthen PESO’s capacity to provide valuable contributions toward productive employment facilitation; create learning opportunities for drawing new insights for better employment services at the grassroots level occasioned by the changing environment; and promote stronger camaraderie and cooperation among the officers and members. Among the topics presented were a) The Impacts of ASEAN Integration to Investment and Services; 2) The Role of PESO in the Mobility of Skilled Workers in the ASEAN Region; 3) The “Key Role of PESOs in ASEAN Integration and 4) the “Enhanced PhilJobNet for Efficient Job Search and Improved Skills Matching. (Glenford C. Labial/DOLE-X)


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|NOVEMBER 24, 2014

3


BusinessWeek MINDANAO

Opinion

Best in Business and Economic Reporting

4

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 24, 2014

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

DANTE M. SUDARIA Publisher ROSE MARY D. SUDARIA, Ph.D. General Manager

NELSON CONSTANTINO Editor-in-Chief

ALLAN mario MEDIANTE Executive Editor

Alejandrae Uy

cHENG oRDOñEZ

Section Editor

Associate Editor

SHIELA gosanes

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Joe felicilda joe palabao Editorial Consultants

Layout Artist

Advertising

Cell No: 09352379999

Juni Law Office Cruz Taal St., Cag. De Oro City Legal Counsel

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Friday to Sunday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2014-04917, TIN No. 946396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424

Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com Member: Philippine Press Institute

Live Your Dreams

T

hink a minute…Someone said: “If you have more memories than dreams, then you’ve lost your passion for living.” Imagine if we all actually lived our dreams with our eyes wide open! The problem many times is not that most people aim too high and miss, it’s that they aim too low and hit. We’ll usually get what we aim for. One of the richest men in the world said: “You have to think anyway, so why not think big!” Our dreams shouldn’t put us to sleep, they should wake us up to all our possibilities. One great leader put it this way: “The prize goes to the person who sees the future the quickest. And the best way to predict the future is to invent it. After all, if you don’t know where you’re going, how will you know when you get there?” So if you and I can just set our goals, then concentrate on reaching them, we could actually begin to live our life on purpose instead of by chance. But to make our dreams come true, we must live by 3 rules. First: Start right now. Second: Do your very best. And third: There are no exceptions to the first 2 rules. The former world record holder in the mile run, Jim Ryan, said: “Dreams are what get you started, but discipline is what keeps you going all the way.” How many times have you seen exciting new businesses start up with great success? They were impressive and promising, but

THINK

A Minute

By Jhan Tiafau Hurst

then in only a short time they failed and went out of business. They did not pay their debts, or they dropped the standards of their product or service so low that they lost their customers. It’s like some of us who diet and lose heaps of weight, but then after awhile we gain most all of it back. Why? We just did not discipline ourselves to stay with it and permanently change our daily eating habits and lifestyle. So how about you? Do you have a dream or goal that you dare to commit to, concentrate on every day, and then complete? Something that at the end of your life you don’t want to look back and wish you had done or lived differently. Why not start now? Ask Jesus Christ to help you know the right, best dreams and goals for your life. Then, He will also help you with the discipline and will power you need to really live your dreams—with your eyes wide open. Just Think a Minute …

I

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Allan Mediante

Bureau of Customs Becomes Trade Facilitator

f the Customs Modernization and Tariff Act is finally passed, the Bureau of Customs’ orientation would change from a collector of revenue to trade facilitator. The Customs Modernization and Tariff Act (CMTA) has been approved by the House committee on Ways and Means on November 17. The passage of the bill may be welcome development, but it is still a long way to go before its enactment into law. T h e C M TA , or t h e Customs Modernization Act of 2013, will replace the outdated Tariff and Customs Code of the Philippines (TC CP), l ast amende d in 1978. There have been unsuccessful congressional initiatives to modernize the Code for the last 19 years. Custgoms Modernizastion Ac t of 2013 hera lds a

editorial paradigm shift. It will change the Bureau of Customs orientation from being measured solely as a source of revenue a facilitation agent. Industries and businesses need its help to facilitate trade with other nations. Indeed, the Bureau will be a beacon to those who seek business opportunities instead of being feared as persecutor of contrabands. BOC’s first mandate will be to facilitate trade, followed only by guarding the country’s borders against prohibited or smuggled goods, and then as a revenue-collecting department of the national government. WQ i t h , t h e C M TA , Customs procedures will be simplified for the disposition, forfeiture and seizure of

contraband goods, but it will still enforce steeper penalties for illegal shipping practices. It would raise the “unreasonable de minimis value of P10 today to P5,000” so that incoming goods with a value of P5,000 and less will be exempt from duties. By redefining the roles of customs brokers, CMTA will democratize transactions. It must be noted that the Customs Bureau’s exclusive task to handle importation and exportation cases has already been abolished under the Revised Kyoto Convention (RKC). The CMTA will be fully compliant with RKC, to which the Philippines is a signatory. There are those who are not with the CMTA, however. Customs brokers

are contesting the CMTA provision which allows importers and exporters or their representatives to lodge transactions on their own, since this will do away with the need for the services of customs brokers. In othere words, under the CMTA, there will be no more business for customs brokers. Although it is not the sole solution to solve smuggling problems, iIt is hoped that the CMTA can minimize opportunities for human transactions and minimize discretion as it increases penalties for offenses. The good news is there is much clamor for the passage of the CMTA, specially various business organizations which have assailed the outdated and conflicting customs and trade measures which hinder the free flow of goods. With CMTA, business would be easier for exporters and importers.

Who Killed John F Kennedy?

F

ifty-one years after the assassination of John F. Kennedy that fatal November morning in Dallas, majority of the American public still feel that the case has not been satisfactorily closed. Pre s i d e nt Ly n d on Johnson, who succeeded Kennedy, formed the Warren Commission to investigate the assassination. Subsequent investigating bodies - like the Ramsey Clark Panel (1968), the Rockefeller Commission (1975), the Church Committee ( whose report was made public in 2011), and the United States House Select Committee on Assassinations (1979) also looked into the assassination. The number of books and investigative media reports written about the assassination of Kennedy is estimated to be in the range of “1000 to 2000”. Out of this mountain of investigations, and often conflicting testimonies, three principal theories have emerged: 1. Lone gunman, no conspiracy theory. 2. Lone gunman, with conspiracy theory. 3. Two gunmen, with conspiracy theory. Lone Gunman, No Conspiracy Theory The Warren Commission posited the first theory. The Warren Commission relied on oral testimonies as well as the official investigation reports of the FBI and the Dallas Police. The Warren Commission findings were later supported by the Ramsey Clark Panel and

the Rockefeller Commission. The Warren Commission concluded that former US Marine Lee Harvey Oswald a c t e d a l on e i n k i l l i ng Kennedy and wounding Texas Governor John Connally. The Warren Commission further concluded that night club owner Jack Ruby also acted alone when he killed Oswald two days later. Public opinion polls have consistently shown that as many as 70 per cent of Americans believe there was a conspiracy to kill Kennedy. However, these polls show lack of agreement as to who else may have been involved. The majority public opinion may have been influenced by the Church Committee whose report was made publicly available in 2011. The Church Committee blasted the investigation reports submitted by the FBI and CIA as “fundamentally def icient”. The Church Committee also alleged that “the facts which have greatly affected the investigation had not been forwarded to the Warren Commission by the agencies.” Lone Gunmen, with Conspiracy Among the proponents of this view is Secretary of State John Kerry. In an interview conducted by Tom Brokaw of NBC in 2013, Kerry said he doesn’t believe that Lee Har vey Oswald acted alone. Kerry also faulted government investigation which didn’t ‘get to the bottom’ of the assassination. Kerry thinks “that the shooter

was influenced.” Kerr y suggests “it has something to do with the time Oswald spent in the Soviet Union and his connections to communist sympathizers.” Kerry, however, does not support the ‘grassy knoll’ (Two Gunmen) theory or the idea that the CIA was involved. Tw o G u n m e n , w i t h Conspiracy This is the conclusion reached by the US House Select Committee on Assassinations. Robert Kennedy, Jr., son of the late US Attorney General who himself was later assassinated, also shares this view. In a 2013 inter view with the Daily Mail Report, Robert Kennedy, Jr. said that while his father Attorney General Robert Kennedy publicly supp or ted the Warren Commission, the elder Kennedy privately felt that its report was a “shoddy piece of craftsmanship.” The third theory questions the ability of Oswald to fire on a moving target three successive shots (with two of them hitting Kennedy) using a bolt-action rifle all within a time span of 4.8 to 5.6 seconds. One of the two bullets supposedly also hit Texas Governor John Connally who was seated in front of Kennedy. (The single bullet theory) Jesse Ventura, former navy SEAL and former Minnesotta Governor, simulated the conditions under which Oswald supposedly shot Kennedy. His conclusion: no

SPEAKING

O ut

By Ignacio Bunye

way it could have been done by a single gunman. The proponents of this theory also question why a number of material witnesses very close to the scene of the shooting were never invited by the Warren Commission to testify. These witnesses claimed to have heard shots fired from the “grassy knoll”, suggesting at least a second gunman. If the assassination was the product of a conspiracy, then who else were responsible? As if to complicate the situation further, in 2013, l aw y e r- aut h or Vi n c e nt Bugliosi made a compilation of individuals and groups who may have possible links to the Kennedy assasination. Based on various “investigative reports”, Bugliosi came up with a “suspect list” consisting of a total of 42 groups, including 5 countries, and 82 possible assassins. 214 people, including a former US President, were also implicated. Note : For fe e db ack , you may email us at totingbunye2000@gmail. com.

VISIT OUR WEB PORTAL


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|NOVEMBER 24, 2014

Pure Foods acquires maker of La Pacita biscuits THE food subsidiary of San Miguel Corp (SMC) is venturing into biscuits and cookies production with the acquisition of the La Pacita brand. In a disclosure to the Philippine Stock Exchange, San Miguel Pure Foods Co Inc entered into a deal with Felicisimo Martinez & Co Inc on Wednesday to acquire the trademarks, formulations, recipes and other intangible properties relating to the La Pacita biscuit and flour-based snack business. The completion of the transaction is subject to

the fulfillment of certain terms and conditions. La Pacita's product line includes Pasencia, Supreme Flakes, Raisin Cookies, Camachile (Baby Finger Cookies), Butter Cookies and Club Crackers. Purefoods has flour and flour-based products but they do not include biscuits, cookies and crackers. The listed company's portfolio of brands includes Purefoods, Magnolia, Tender Juicy, Monterey, Star, Dari Crème, B-Meg, SanMig Coffee and JellYace. The company has a wide

array products consisting of feeds, poultry, flour, fresh and value-added meats, bread fill, dairy, cooking oils, coffee mix and coffee mix with cereals. Purefoods posted flat earnings of P2.7 billion in the first nine months of the year despite a slight uptick in revenues. P u re fo o d s i s p ar t of SMC, which is a l s o e ng age d i n t h e businesses of beverage, packaging, oil refining and ret ai ling, p ower generation, infrastructure, telecommunications and mining.

5


BusinessWeek MINDANAO

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Best in Business and Economic Reporting

6

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 24, 2014

Philippine unit of AirAsia to buy new aircraft next year MALAYSIA’S AirAsia Berhad has extended an additional loan to its Philippine unit to finance its operations next year. In a disclosure to Bursa Malaysia, AirAsia Berhad said it lent $55 million to AirAsia Inc. Last August, Southeast Asia’s largest budget carrier provided an $18-million loan to support the operation of its Philippine unit. “The financial assistance provided does not have a mate r i a l e f fe c t on t he share capital, shareholding

structure or net assets of the company,” AirAsia Berhad said. Ma l ay s i a’s A i r As i a through AA International owns 40 percent of Philippines’ AirAsia, while Filipino businessmen Marriane Hontiveros, Michael Romero, Antonio Cojuangco and Alfredo Yao hold the remaining 60 percent. A i r As i a P h i l ippi n e s holds a 49 percent stake in AirAsia Zest after signing an agreement with former ambassador Yao, the owner of Zest Airways Inc, in March

Empowering the Least: Education for All By Michael G. Suano Mt. Nebo Integrated School, Valencia City

According to Pope Francis, “To live charitably means not looking out for our own interests but carrying the burdens of the weakest among us.” This line of the most real and most influential pope struck me and somehow made me relate it to the present educational condition in the public schools today. The Department of Education strongly adheres to the “No C ollection Policy” in all public schools in the country. This is to ensure that all children of school age regardless of economic status are given equal opportunity to quality education. Schools are then given their annual Maintenance and Other Operating Expenses (MO OE) to cover for the needs of the school. Unfortunately, the school’s MOOE is not enough to provide the growing needs of the school very essential

for the effective delivery of educational services. T h i s p o s e a g r e at challenge to school administrators on how t o prov i d e b a s i c an d quality education without the financial support of parents. The No Collection Policy covers all forms of collection like PTA fee, Boy/Girl Scout Fee, etc. While it has made certain provisions to allow the PTA to collect but it remains to be voluntary in nature. But do we really tax the poor for education? Isn’t it adding insult to injury? But I am certain something has to be done. If we are serious on our campaign to eliminate poverty in the country, we have to start it here, in education, because education is a powerful tool to better the lives of citizens. Empower the least, educate them and this nation will reign again.

(approximately P187.77 million) from 21.3 million Malaysian ringgit (P285.69 million) in the same period last year. Despite the net loss during the quarter, AirAsia Malaysia said “forward loads [in the Philippines] for the remaining months of the fourth quarter 2014 remains on track to increase in line with its turnaround plan being put in place. Philippines’ AirAsia “will expect fares and passengers to increase as seasonally fourth quarter is the strongest of all the quarters. The outlook for the fourth quarter of

last year. Sought for comment, Yao, the founder and majority stockholder of AirAsia Zest said the additional loan from Malaysia’s AirAsia would be used to support the Philippine u n i t’s o p e r a t i o n s a n d acquisition of new aircraft next year. Yao did not disclose details on the acquisition of new aircraft, adding that the company will have a board meeting on the matter on December 5. In the third quarter, the Philippine unit of AirAsia Berhad posted a net loss of 14 million Malaysian ringgit

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: PETITION FOR RE-APPOINTMENT AS NOTARY PUBLIC FOR AND IN THE PROVINCE OF LANAO DEL NORTE

Pet. for Not. Com No. 029-07-2014

ELEUTERIO M. OBIAL, JR., Petitioner. X - - - - - - - - - -- - - - - - - - / NOTICE OF HEARING NOTICE is hereby given that a summary hearing on the petition for notarial commission of Atty. Eleuterio M. Obial, Jr. shall be on January 30, 2015 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing. (Sgd.) DENNIS P. VICOY Acting Presiding Judg

2014 should be seen in the context of the current prices of oil and aviation fuel while the operating environment in b ot h Indonesia and the Philippines remains challenging,” the company

Filinvest Land secures SEC clearance to raise debt THE Securities and Exchange C ommission (SEC) has approved Filinvest land Inc’s (FLI) plan to raise debt in the capital market. SEC commission secretary Gerard Lukban said the corporate regulator cleared the property developer’s P7 billion bond issuance with an aggregate principal amount of P5 billion and an oversubscription option of up to P2 billion. The borrowing comprises seven-year fixed-rate bonds due 2021 with an interest rate of 5.2097-5.5597 percent per annum. and 10-year fixed rate bonds due 2024 with an interest rate of 5.6303-5.9803 percent per annum. The Gotianun-owned

property developer will use the proceeds from the bond offer to settle debt and finance capital expenditures. The Filinvest group is allotting P25 billion this year for its real estate business comprising of listed Filinvest Land and Filinvest Alabang Inc, the developer of the 22-hectare Filinvest City in Alabang. FLI’s earnings rose by nearly a fifth to P2.89 billion in the January to September period from P2.44 billion a year ago on improving real estate sales and rental income. The Filinvest group is also engaged in the business of financial services, hotels, sugar farming and milling, and power generation.

ASIA WORLD PAWNSHOP

Main: Osmeña-Cogon Market, Cagayan de Oro Branch: Ipil,Carmen , Cagayan de Oro NOTICE OF AUCTION SALE Starting December 5 , 2014 at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since July 2014. Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO

Sa Disyembre 5, 2014 sa may 9:00 sa buntag paingon da alas 5:00 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa Hulyo 2014 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo. BWM: Nov. 24, 2014

BWM : Nov. 24, Dec. 1 & 8, 2014

said. AirAsia Zest operates a fleet of 16 aircraft and serves 9 domestic and 4 international routes from the Ninoy Aquino International Airport (NAIA).

ANG TAGDUMALA

DENGUE ORIENTATION at DGPelaez NHS set off By MARSHA LIZA L. RAGOT SST-III Don Gregorio Pelaez National High School

The Don Gregorio Pelaez National High School conducted a synchronized orientation on Dengue Awareness and Prevention to commend with the country-wide program of combating the wide spread of such endemic disease last September 11, 2014 at 2:00 in the afternoon. This is in response to the call of the Local Government

Unit and Department of Health to inform the parents , students and teachers on the widespread of the disease. A letter of invitation were sent to the parents and they positively responded the call. A program was held and three of the dynamic and active teachers of the school were the resource speakers.

The Resource Speakers with the PTA Prseident Mrs. Cecilia Olila and School Head Mr. Gilbert D. Bailo.

Mrs. Marsha Liza L. Ragot, a T.L.E. Teacher , Ms. Imelda S. Ada , a Mapeh teacher both Secondary School Teacher III respectively and Mr. Erwin R. Linogao , a Grade 9 Adviser used their expertise to keep the parents and students well informed of the sporadic causes of the said disease . They stressed on their talk the meaning of dengue, the symptoms and how to prevent the disease .

The Rural Health Unit Personnel of the Municipality of Medina, Ms. Georgita P. Bayhon and Ms. Karessa A. Mofar , respectively came to grace the affair and give more insights and assessment on the said orientation. The program ended with an open forum where the parents actively participated and all their queries were answered by the resource persons and Rural Health Unit Personnels.

The Parents and students.

Mrs. Marsha Liza L. Ragot , SST III talk on the prevention of Dengue.


BusinessWeek MINDANAO

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 24, 2014

DOE... from page 1

reserve, non-spinning reserve, replacement reserve and voltage support. Records compiled by the Department of Energy (DOE) show some 157 listed RE projects in Mindanao with an aggregate capacity of approximately 1,700 megawatts as of September, 2014. Although the Mindanao Development Authority confirms most of the projects already have service contracts, they still have pending incomplete requirements with various government agencies. The bulk of the listed RE projects (73%) accounts for 66% of the aggregate design capacity, followed by solar (17%/ 16.3% of capacity), geothermal (5%/11.7% of capacity) and biomass (4%/5% of capacity). “If we want to continue with RE, we have to have ancillary,” Petilla said. “And usually ancillary are diesel plants. That’s why I’m always saying, if we want to push for more RE, we have to push for more diesel plants. Not necessarily running, but ready to run when the prediction is wrong.” He cited the recent experience of the DOE in Ilocos Norte when various firms are competing to complete an additional 450MW of capacity in wind farms to qualify for the DOE’s Feed-in Tariff (FiT) program. “The fastest wind farm is now in Ilocos,” Petilla said. “The biggest in Southeast Asia, it was built in only 16 months, because we told them the first to finish will be entitled to FiT. We hope to do the same in Mindanao.” Besides ancillary services, Petilla also urged more investors to consider getting into peaking plants which are just as much needed as baseload plants and ancillary services. “I’d like to tell you the relevance of Peakpower. There are many plants coming in but I’m worried there are not enough peaking plants,” Petilla stressed. “In the future we will need many plants across cooperatives because that is the best way to make adjustments when our demand and supply projections don’t match each other every now and then.”

“I hope we have more plants like this because this is what we really need in this area of Mindanao because our interconnection to either Leyte or Negros will not happen until 2018 at the earliest. I hope we will also have the support of the people of Mindanao when it comes to this,” he added. The 20.9MW peaking power plant was completed ahead of schedule in only 15 months by PSI, a subsidiary of Peakpower Energy Inc., a joint venture of A Brown Company, Inc. (ABCI), Enterprise Holdings Corp., WorldPower Alliance Ltd., and Power Mavens Holdings Ltd. Under a Build-OperateTransfer (BOT) agreement, PSI will supply the peaking power needs of South Cotabato II Electric Cooperative (SOCOTECO II) for 15 years in General Santos City, the municipalities of Glan, Malapatan, Alabel, Makungon, Kiamba, Maasim and Maitum in Sarangani and Polomolok and Tupi in South Cotabato. “This means that the people of Gensan and those within the franchise area of SOCOTECOII will be able to hopefully have zero brownout this coming Christmas,” said PSI President Roel Z. Castro. Dr. Walter W. Brown, PSI Chairman, said the plant would provide 20MW of the 120MW peak load of SOCOTECO-II and committed to expand it by an additional 15MW by next year. In addition, Peakpower is rolling out an additional 5060MW in the island including a 5MW bunker fueled peaking plant in San Francisco, Agusan del Sur by next month (with an additional 5MW by next year), and another in Bukidnon with the Bukidnon Second Electric Cooperative (BUSECO). “We are currently focusing on serving cooperatives because they are the ones who need power the most,” Dr. Brown said. “We are also open to doing embedded plants for industries but our plate is full at the moment, we want to service those who need it the most. I’d like to serve the people and the coops are the groups that need our support more than any other.” Also in the pipeline is a 26MW hydroelectric baseload plant under development with partner cooperatives as offtakers through its subsidiary Hydrolink Projects which has already secured a service contract with DOE last year.

Extends... from page 1

copy of which was obtained by MindaNews last week, the extension started on November 7 and will end on February 6 next year. “During this period of work suspension, management has committed to respect the benefits of the employees which are clearly spelled in the minutes of the conciliation conference held at the office of the Department of Labor and Employment (DOLE) Secretary on November 14, 2014,” said Inocencio R. Cortes, executive vice-president of PACEMCO. “As a result of this declared extended work-suspension, all employees are hereby advised not to report to the main plant site or the Port site as the case may be, as well as to those in the head office in Makati City, effective November 17, 2014 and until further notice,” he added. PACEMCO’s plant is located in Barangay Quezon, Surigao City. The firm halted operations last May 5, 2014 after the Surigao del Norte Electric Cooperative cut its power supply for unsettled obligations worth at least P25 million. “The management assures everyone, that it is doing its utmost best to expedite every conceivable way to allow a new hope for Pacific Cement Philippines especially to its employees,” Cortes said. Edwin Batac, union president of Pacemco Mamumuong Nagkahiusa said the company has a total of 343 employees who were on forced leave after the company stopped its operations. Batac, who personally spoke with PACEMCO president and chief executive officer Jose Ramon V. Cortes during the conciliation conference last Saturday at DOLE office in Manila with Secretary Rosalinda Baldoz, said the company is financially drained. “He said sorry to us for the reason that the company is facing a financial problem,” Batac told MindaNews in an interview Thursday. Batac said that during the period of three months all workers shall enjoy the terms and conditions of employment and Collective Bargaining Agreement benefits prior to the suspension of operations on May 5, 2014 and during the six month suspension of operations. “And the company shall pay the salary of the workers from November 7, 2014 until the issuance by the management of the Notice of Extension to suspend operation with DOLE,” he said. Early this month, PACEMCO workers stage a series of rallies in front of the plant site. PACEMCO, the sole cement company in the Caraga Region, is the only remaining Filipino-owned and controlled cement company in the country. It started commercial operations in 1967. The company produced 500,000 to 700,000 bags of cement per month.

(Summons by publication pursuant to Court Order dated October 28,2014) Sec. 3,A.M. NO. 02-11-11-SC Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City ERWIN ATAY POLOYAPOY, Petitioner, FOR: LEGAL SEPARATION

CIVI CASE NO. TC-2014-005

-versusGRACE BAROQUILLO POLOYAPOY, Respondent, x---------------------------------------------------/

SUMMONS

TO: GRACE BAROQUILLO POLOYAPOY – Germany (Respondent’s last known address In the Philippines was at Kolambogan, Lanao del Norte) GREETINGS:

21. Proof, are respondent’s recently uploaded pictures which petitioner download from the former’s Facebook Accounts named “Gras Bar” and “Grace Baroquillo”, werein she categorically admitted that NINA was her child, that NINA’s father was the German National, that she is living together and is maintaining an affair with a German National. 22. In the case of Tenchavez vs. Escano, L-19671, November 29,1965 the Supreme Court ruled that, “The marriage and cohabitation with an American husband is technically “intercourse with a person not her husband, which entitles the Filipino husband to legal separation on the ground of adultery”. 23. Inasmuch as the marriage between petitioner and respondent is still valid and subsisting here in the Philippines, respondent is duty bound to observe the marital obligations under the Family Code to render mutual love, respect and fidelity. To do otherwise, that is, TO LIVE TOGETHER AND STILL CONTINUE TO COHABIT with another man as as well as sire a child with another man, tantamount to SEXUAL INFIDELITY and ADULTERY. PRAYER WHEREFORE, PREMISES CONSIDERED, it is respectfully prayed of this Honorable Court to:

You are hereby required, within fifteen (15) days after service of this summons upon you, to file with this Court and serve on the Petitioner/ Plaintiff your answer to the Compliant/Petition, copy of which is attached, together with the annexes. You are reminded of the provision in the IBPOCA Memorandum on Policy Guidelines dated March 12,2002 to observe restraint in filing a motion to dismiss and instead allege the grounds thereof as defenses in the Answer. If you fail to answer within the time fixed, the plaintiff will take judgment by default and may be granted the relief applied for in the complaint.

1. GRANT the Legal Separation between Petitioner and Respondent;

WITNESS my hand under the seal of the Court, this 29th day of October,2014.

5. ORDER a complete separation of properties between the spouses.

Other relief, just and equitable, are likewise prayer for.

(Sgd.) FULGENCIA G. ABELLA OIC-Clerk of Court

Respectfully submitted.

August 20,2014. Tangub City,Misamis Occidental, Philippines.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City ERWIN ATAY POLOYAPOY, Petitioner, -versus-

Civil Case No. TC-2014-005 For: LEGAL SEPARATION

GRACE BAROQUILLO POLOYAPOY, Respondent. x------------------------------------------------x

2. DISQUALIFY respondent from inheriting from the petitioner under intestate succession; 3. DECLARE that petitioner has no obligation to render and give support to respondent; 4. DISSOLVE the regime of absolute community of properties; and

PARTIES 1. Petitioner is of legal age, Filipino and a resident of Migcanaway, Tangub City, Misamis Occidental. Petitioner may be served with court notices and processes at the address of his undersigned counsel located at 3rd Door, RMN Building, Barangay 1, Tangub City, Misamis Occidental. 2. Respondent Grace Baroquillo Poloyapoy (Respondent” for brevity) is of legal age, a Filipino Citizen and is presently residing at Germany. Respondent’s last known residence in the Philippines, however, was at Kolambogan, Lanao del Norte. ALLEGATIONS COMMON TO ALL CAUSES OF ACTION 3. Petitioner and respondent were classmate at Holy Cross National High School. After their high school graduation, petitioner studied at Misamis University and earned the degree of Bachelor of Science In Electrical Engineering last 1998. 4. Petitioner then tried his luck and went to Metro Manila. There he was employed as an electrician in a certain establishment in Novaliches, Metro Manila.

By:

(Sgd.) PETER ELFRED A. LASMARIAS Counsel for the Petitioner LASMARIAS LAW OFFICE 3rd Door, RMN Building, Barangay 1, Tangub City Roll of Attorneys No. 59012 PTR No. 4829172;01/07/14; Cebu City IBP No. 965622;03/21/14;Mis. Occ. MCLE Compliance Address:: peterelfredl@yahoo.com Mobile number: 0906-460-2524

PETITION FOR LEGAL SEPARATION PETITIONER, by counsel, to this Honorable Court, respectfully states that:

7

VERIFICATION AND CERTIFICATION OF NON-FORUM SHOPPING I, ERWIN A. POLOYAPOY, of legal age, married, Filipino and a resident of Migcanaway, Tangub City, Misamis Occidental, after having duly sworn to in accordance with law do hereby depose and say: 1. That I am the Petitioner in the above-captioned petition; 2. That I have cause the preparation and filing of the foregoing petition by furnishing all the facts alleged therein; 3. That I have read and understood all its allegations and confirm the same to be true and correct based on my personal knowledge and /or authentic records or documents. 4. That I hereby certify that there is no other pending case or proceedings involving the same issue in the Supreme Court, the Court of Appeals or different divisions thereof or any tribunal or agency, and to the best of my personal knowledge, no such action or proceeding is pending in the aforesaid court, tribunal, or agency or division thereof; 5. That if I should learn that a similar action or proceeding has been filed or is pending before the Supreme Court, the Court of Appeals, or any other court, tribunal or agency, I undertake to report the fact within five days therefrom to this Honorable Court. IN WITNESS THEREOF, I have hereunto set my hand this 27th day of August 2014, in Tangub City, Philippines.

5. Sometime on July 1999, petitioner applied and was hired as an electrician in an NYK Vessel owned and operated by NYK-FILSHIP MANAGEMENT, INC., a shipping and manning corporation duly organized at Gen. Luna corner Sta. Potenciana Sts., Intramuros, Manila, Philippines.

(Sgd.) ERWIN A. POLOYAPOY Affiant Gov’t ID No. SSS333-5793047-7 Issued by: __________________ Issued on: __________________ Issued at: ___________________ Expiry date: _________________

6. For several instances since July 1999, petitioner went on board and disembarked from the NYK vessel, until one day, on November 11,2003, petitioner inadvertently met respondent, for the first time since their high school graduation, when he was in a pharmacy in Kolambogan, Lanao del Norte, Philippines.

SUBSCRIBED AND SWORN to before me this 27th day of August 2014, in the City of Tangub,Philippines. Affiant personally appeared and exhibited to me a competent proof of his identity which is mentioned above containing his photograph and signature.

7. Petitioner and respondent caught up with each other, had an exchange of mobile phone numbers and since then, they had constantly communicated with each other. Their relationship blossomed which culminated to the celebration of their marriage on February 6,2004 at the United Apostolic Christian Church Philippines located at # 15 Lanutan Street, Vet. Village Project 7, Quezon City. In short, petitioner and respondent became husband and wife. 8. On February 2005, petitioner boarded one of the vessels of NYK-FIL SHIP MANAGEMENT, INC. and was due to return to the Philippines on April 2006. 9. On board the vessel, petitioner was not at liberty to use the vessel’s telephone, communication facilities and shore telephones. The sailors were prohibited to use them for personal or unofficial calls without proper authorization and they were also prohibited from purchasing, selling, using or processing telephone cards. 10. Upon his return, petitioner learned for the first time that respondent went to Germany on year 2006. Since then, respondent never went to Germany on year 2006. Since then, respondent never communicated with the petitioner nor he was informed that respondent returned here in the Philippines, if ever she did. 11. Though petitioner and respondent were married, their wedlock did not bore them any children and there were no properties that were acquired by the parties. FIRST CAUSE OF ACTION

DOC. No. 4 Page No. 1 Book No. 1 Series of 2014

(Sgd.) PETER ELFRED A. LASMARIAS Notary Public until December 2015 Roll of Attorneys No. 59012 PTR No. 4829172;01/07/14;Cebu City IBP No. 965622;03/21/14;Mis. Occ. MLCE Compliance No. IV-0009436;11/13/2012

REPUBLIC OF THE PHILIPPINES OFFICE OF THE PUNONG BARANGAY MIGCANAWAY, TANGUB CITY OFFICE OF THE BARANGAY CHAIRMAN CERTIFICATION To Whom It May Concern: This is to certify that, ERWIN ATAY POLOYAPOY, 37 years old single and a bonafide resident of Purok NATIVIDAD Migcanaway, Tangub City, Misamis Occidental is personally known by the undersigned to be a person of good moral character and a law abiding citizen. This certifies further that according to the records complied by this office as of this time he/she never been accused of any crime involving moral turpitude nor member to any group of subversive organization.

ABANDONMENT

This certification has been issued upon request of the herein interested party for whatever legal purposes it may serve.

12. Petitioner hereby repleads the foregoing and further states the respondent’s act of going to Germany on 2006 without informing petitioner tantamount to an act of abandonment.

Given this 12th day of AUGUST 2014 at Barangay Migcanaway, Tangub City Misamis Occidental, Phillippines.

13. In the case of Dela Cruz vs. Dela Cruz, L-19565, January 30,1968, the Supreme Court defined abandonment as “the act of a spouse voluntarily leaving the other with the intention to forsake her or him entirely, never to return to her/him and never to resume his/her marital duties or claim hi/her marital rights”, while Family Code considers abandonment without justifiable cause of one spouse for more than one year as a ground for legal Separation.

Community Tax No. 27981439 Issued at Tangub City On Aug. 12,2014

14. Here, respondent did not inform petitioner about her plan to go Germany. Petitioner was not also informed that respondent returned in the Philippines, if ever she did. Neither did she communicate with the petitioner nor resumed conjugal relations with the latter.

(Sgd.) AHDORA A. SENANGGOTE Barangay Secretary

(Sgd.) JOSEPHINE L. TUMULAK Barangay Chairman OR. No. 0682537 Issued at Migcanaway, Tangub City On Aug. 12,2014

15. Moreover, in the case of Olaguivel vs. Morada, 2027-R, February 26,1966, the Supreme Court said that, “Abandonment implies a departure with the avwed porpose never to return, followed by a prolonged absence without just cause and without, in the meantime, providing in the least, for one’s family although able to do so.” 16. Respondent’s absence in the Philippines for almost eight (8) years coupled with the fact that she never communicated with petitioner clearly shows her avowed purpose never to return and resume conjugal relations with the petitioner. SECOND CAUSE OF ACTION Petitioner re-pleads the foregoing by way of incorporation, and further states that: ADULTERY AND SEXUAL INFIDELITY 17. As an added salt to an aching wound, just this year 2014 petitioner discovered the shocking truth that respondent already had a child, in the NAME of NINA, and is presently living together with a German National in Germany. 18. What paved the way for that deplorable discovery was due to petitioner’s friend who can no longer bear the guilt and the burden of not telling him the true status of his wife in Germany. This friend of his allowed petitioner to use and log-in his Facebook account for petitioner to see with his own eyes that respondent already had someone else in Germany and that respondent already had a child in Germany. Respondent deliberately blocked petitioner’s Facebook Account so that the latter would not be able to contact, view and update himself as to respondent’s status. 19. It must be stressed that having a child, not sired by petitioner, which is more or less, five (5) years old is an indication that respondent engaged in a carnal knowledge with another man while her marriage with petitioner in the Philippines still subsists. 20. Worst, respondent continuously cohabit and live together with the German national which affords the reasonable conclusion that they have been engaging in a continuous carnal knowledge. BWM: Nov 10, 17 & 24, 2014


BusinessWeek MINDANAO Best in Business and Economic Reporting

8

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 24, 2014

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776


MOndaY | nOVeMBer 24, 2014

editor: Shaun alejandrae Yap uY

BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER 2013 ppi’S BeSt in BuSineSS and economic RepoRting

B1

Parasat Cable TV MAIN OFFICE (088) 857-2662 (08822) 72-6112 Cruz Taal St., Divisoria (088) 857-3837 (08822) 72-1655

THE "X" YOU CAN'T GET OVER. (left) Mr. Antonio Zara, president and managing director of Nissan Philippines Inc. (NPI), promises to bring more of Nissan brand to Northern Mindanao, following the successful launching of its all-new third generation Nissan X-Trail through the Dealership Launching yesterday, Nov. 21, 2014, at Limketkai Center. Mr. Zara is accompanied by (right) Mr. SJ Huh, general manager of NPI, during the launch in the city courtesy of NissanCDO, headed by (center) Mr. Jefferson U. Rolida, president and general manager. Photo by SHAUN ALEJANDRAE UY

NISSAN Phils president graces X-TRAIL launch in CDO Text by Shaun alejandrae Yap uY

N

issan Cagayan de Oro Distributors, Inc. launches the All-New X-Trail to the Mindanao area at the Limketkai Center, today, November 21. President and Managing Director of Nissan Philippines Inc. (NPI), Antonio Zara, promises to bring more of the Nissan brand lineup to the Northern Mindanao area. Following the launch of its allnew third generation Nissan X-Trail, through the Cagayan de Oro dealership, Antonio Zara hinted on upcoming lineups for the global automobile brand in the days ahead. Mr. Zara is accompanied by Mr. SJ Huh, general manager of NPI, during the launch, here, Nissan-CDO headed by Mr. Jefferson U. Rolida, president and general manager.

The rapid growth and ever increasing demand for vehicles in the Mindanao area is seen by Nissan to have great potential in this side of the country. The All-New Nissan X-Trail boasts of an Intuitive 4-wheel drive system, with X-Trail’s All-Mode 4x4-i, capable on-road and off. Auto Mode constantly monitors conditions and adjusts the balance of power between front and rear wheels for best traction. Nissan CDO President & General Manager, Jefferson U. Rolida says “I honestly think this type of vehicle will make more impact in Mindanao than in Cebu, the sedans probably for Cebu, SUVs and pick-up trucks for here, Mindanao is a pick-up market”.

ADVANCED DRIVE-ASSIST DISPLAY The Advanced Drive-Assist Display relays vital information at a glance and keeps the driver focused on the road. Photo by SHAUN ALEJANDRAE YAP UY

X-TraIl | Page B2

(from left) Mr. SJ Huh, general manager of NPI, BWM/MDN publisher Dante Sudaria, Jefferson U. Rolida, President & General Manager - NISSAN Cagayan de Oro Distributors, Inc., Mr. Antonio Zara, president and managing director of Nissan Philippines Inc. (NPI) with the All-New NISSAN X-Trail, at the Limketkai Center. Photo by SHAUN ALEJANDRAE YAP UY

NISSAN X-TRAIL in Fiery Red on display at the Limketkai Center activity center, November 21. Photo by SHAUN ALEJANDRAE YAP UY


BusinessWeek MINDANAO BEST IN BUSINESS ANd EcoNoMIc REPoRTINg

B2

PhIlIPPINE PrEss INsTITuTE Civic Journalism Community Press Awards 2013

MONDAY | NOVEMBER 24, 2014

Feature

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

DOLE-X joins regional launching of nutrition council’s “10 Kumainments”

T

he Department of Labor and Employment (DOLE) Regional Office No. X joined the regional launching of the “10 Kumainments” of the National Nutrition Council (NNC), November 14 at the Dynasty Court Hotel, Cagayan de Oro City. NNC-X coordinator, Marissa DM. Valles, said that the “10 Kumainments” are approved by the NNC Governing Board, as a campaign to help prevent malnutrition and diet-related noncommunicable diseases such as cancer, diabetes, and cardiovascular diseases. Archbishop Antonio J. Ledesma, SJDD, steered the unveiling of the huge standee together with retired National Economic Development Authority region 10 (NEDA-X) regional director Myra V. Balandra. With its 10 dimensions under the Family Welfare Program (FWP), as emphasized under Department Order (D.O.) 56-03 s. 2003 “Rationalizing the Implementation of Family Welfare Program”, DOLE intensifies the mandateto stakeholders to comply “Nutrition” as part of said dimensions, as well as implementing lactation station in workplace. Aside from the FWP directive, the department commits to NNC

the facilitation of emergency employment and capacity building of workers on counselling for the poor and vulnerable workers in the region. DOLE is part of the Technical Working Group together with the Department of Education (DepEd); Department of Agriculture (DA); NEDA; Department of Trade and Industry (DTI); Department of Science and Technology (DOST); Department of Social Welfare and Development (DSWD) and Department of Health (DOH). The launching was attended by non-government organizations like the World Food Programme; World Vision Development Foundation, Inc.; inter-agency partners that include DA; NEDA; DepEd and the trimedia partners. As part of the programme, NNC presented the Results of the 2013 Nutrition Survey in Northern Mindanao and the Updated Philippine Plan of Action for Nutrition 2014-2016. The event was participated by Glenford C. Labial, Labor and Employment Officer-III and DOLE-X FWP regional focal person. The launching bears the theme “Strengthening Partnership in Scaling-up Nutrition Action”. (Glenford C. Labial/DOLE-X)

Jefferson U. Rolida, President & General Manager NISSAN Cagayan de Oro Distributors, Inc. addresses the guests during the launching dinner of the All-New Nissan X-Trail at Grand Caprice, November 21. Photo by SHAUN ALEJANDRAE YAP UY

Antonio Zara, president and managing director of Nissan Philippines Inc. (NPI)delivers his speech to the guests during the launching dinner of the All-New Nissan X-Trail at Grand Caprice, November 21. Photo by SHAUN ALEJANDRAE YAP UY

X-TraIl from Page B1... THE "X" YOU CAN'T GET OVER. During his brief introduction at the X-Trail launching dinner, Jefferson Rolida also explained the thought behind the “X”. He mused that like his “exgirlfriend” (now his wife), the NISSAN X-Trail and overall brand just keeps getting better and better. Jeff Rolida was also treated to a surprise birthday recognition during the dinner, topped with the traditional blowing of the candles on the cake. FROM BOXY TO CLASSY With bold lines and powerful curves, the All New

3rd Generation X-Trail adopts the V-motion front grille design to boost the brand’s visual presence and exudes a more modern, crossover look with an undeniably imposing muscular stance. It also has a sleek, new boomerangshaped head and tail lamps that stylishly bookends the best-looking X-Trail to date. Not to mention the LED daytime running lights making it possible to guarantee safety while still looking sharp. Built with the customer in mind, the All New X-Trail comes standard with a Push Button Ignition paired with Nissan’s intelligent Key System and an ECO Mode Switch that helps the driver achieve better fuel consumption. The vehicle also has an Eco Evaluation system,

Bankers, guests and car enthusiasts gather for the Northern Mindanao launching event of the All-New Nissan X-Trail at Limketkai Center, November 21. Photo by SHAUN ALEJANDRAE YAP UY

which displays a Pedal Guide monitoring your drive’s fuel efficiency. THE “X” FACTOR More capable than ever before, the testosteronedriven All New X-Trail comes cloaked in sophisticated lines that accentuate its size, letting it exude a do-it-all aura that is complemented by these new innovative features that include the Active Ride Control – Thread rough roads effortlessly using Active Ride Control, which monitors the road surface to detect road imperfections – letting the vehicle automatically adjust to any road condition and keeps the ride smooth, Active Engine Brake – Using Nissan’s XTRONIC Continuously Variable Transmission (CVT), Active Engine Brake ensures

you can smoothly transition into a corner with better braking control and better pedal feel sans the usual braking effort. Driven with safety in mind, the all-new X-Trail boasts of the Around View Monitor – Nothing is as appealing as seeing a beauty in all fours. With X-Trail’s Around View Monitor, get a bird’s eye view of the vehicle using 4 different camera angles making backing and parking as smooth and easy as possible, and the Hill Start Assist – Drive through steep inclines without breaking a sweat with Hill Start Assist. This standard feature in all 4WD variants utilizes torque and brake detection preventing the vehicle from sliding back whenever you’re on a steep incline.

The all-new X-Trail comes in Pearl White, Diamond Black, Brilliant Silver, Fiery Red and an exclusive color for the 4x4 variant--Copper Blaze. It comes in two trims; the top of the line is a 4WD powered by a 2.5L engine producing 171 PS and 233 Nm of torque and boasts of a state of the art infotainment system with a 5-inch LCD display. The 2WD variant has a 2.0L engine that puts out 144 PS and 200 Nm of torque. Both models are mated to Nissan’s XTRONIC Continuously Variable Transmission (CVT) with the option of manual mode. The third generation X-Trail is now available in Nissan showrooms. Visit your nearest Nissan Dealership today.


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

BusinessWeek MINDANAO BEST IN BUSINESS ANd EcoNoMIc REPoRTINg

PhIlIPPINE PrEss INsTITuTE Civic Journalism Community Press Awards 2013

MONDAY | NOVEMBER 24, 2014

and

Philippine Press Institute Atty. Jesus Dureza President/Chairman of the Board

B3


VIBE

BusinessWeek MINDANAO MOndaY | nOVeMBer 24, 2014

editor: Shaun alejandrae Yap uY

B4

The lICeO u draGOnOIdS paddles with FSuu members during the formal launching of the team and fun race at the Cagayan de Oro river, September 26.

FILE Photo by Shaun uY

Six Mindanao Dragon Boat Teams to Compete in CDO F

or the first time in this side of Mindanao, six dragon boat teams will come together in a race cum advocacy event at the Cagayan River on December 6 as part of the sports and environmental campaign of Liceo de Cagayan University. Three teams from Davao will participate in the event together with teams from Iligan City, Butuan City and Liceo U’s very own Dragonoids, the official dragon boat team of the university and the first team in Cagayan de Oro. The race allows the teams to come together for a mission to promote the sports in Mindanao as well as help the Dragonoids in their campaign to save and preserve Cagayan River. Each participating paddler will be donating one seedling each that will be part of a tree planting activity of the

Liceo U team in January 2015. Barely three months old, will the Dragonoids emerge victorious in their first competition? Find out as the CDO team will make history together with the teams from the rest of Mindanao. Head down to the Cagayan River along Marcos Bridge, JR Borja Bridge and the Ysalina Bridge from 7am to 3pm and witness the action as it unfolds. This pioneer water sports race is powered by Liceo de Cagayan University, Smart, Kendle Dragon Boats, BusinessWeek Mindanao Media Group, RedLemon Digital, Clix.com. ph and 99.1 iFM CDO. To know more about the event, call 09989612102. Bugsay Mindanao…Six Teams, One Race, One Mindanao.

The lICeO u draGOnOIdS

FILE Photo by Glenn palaCIO

SM TO HOLD SPECIAL SCREENING FOR BLIND, DEAF SM Supermalls will hold special movie screenings for the vision and hearing impaired individuals in SM Cinemas nationwide as an opportunity for them to enjoy their favorite films in a safe and accepting environment. Dubbed as the “Special Movie Screening for the Blind and Deaf”, this event is spearheaded by SM Cares, a division of SM Foundation, through its Program on Disability Affairs.

In Mindanao, SM City Cagayan de Oro will host the special screening of the movie “Les Miserables” on November 28, 9am at SM Cinema 1. Twhe movie will have an audio-descriptions and sub-titles to suit the needs of persons with visual and hearing impairments. Around 400 guests with special needs and students from the different schools in Cagayan de Oro are expected to watch the movie for free.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.