BusinessWeek Mindanao (October 27, 2014)

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BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 61

Market Indicators As of 6:13 pm oct. 24, 2014 (Friday)

FOREX

PHISIX

US$1 = P44.81

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1 cents

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Briefly ARCCESS projects THE Department of Agrarian Reform-Misamis Oriental Provincial Office signed a Memorandum of Agreement on Oct. 20, 2014 with three service providers for the five sub-projects under the Agrarian Reform Community Connectivity and Support Services (ARCCESS). Provincial Agrarian Reform Program Officer (PARPO) Zoraida Macadindang signed the MOA with Roel Ravanera, executive director of Xavier Science Foundation, Nancy Roxas of BABA’s Foundation and Imelda Pangga, chief executive officer of INFOSHARE Management Service. Xavier Science Foundation and BABA’s Foundation will handle the agri-extension services for the agrarian reform beneficiaries organizations (ARBOs) in five project areas under batch 2 covered by ARCCESS. BABA’s Foundation will likewise provide business development services while INFOSHARE will provide the progress and process monitoring services.

P58B Davao projects DAVAO City – The National Economic and Development Authority Board has approved Davao City local government’s project proposals worth P58 billion, specifically for the improvement of the Davao International Airport or the Bangoy Francisco Operations, Maintenance and Development project and the modernization of the Sasa Port. NEDA-11 regional director Ma. Lourdes D. Lim said that the projects are pending preparations of the tender documents at NEDA’s PublicPrivate-Partnership Center to solicit proponents from the private sector, since the projects are under the PPP scheme. “Once the tender documents are prepared, then it can be published for submission of bids,” Lim said in an interview during the roadshow activity of the Davao Regional Development Council concerning the Updated Regional Development Plan (URDP) for 2014-2016.

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Corn confab to seek for increased productivity C

By IRENE JOY B. DAYO, Staff Writer

ORN FARMERS and other stakeholders are set to gather in Cagayan de Oro on Nov. 17-21 to discuss issues, create linkages and to push for policies that would enhance corn productivity throughout the country.

Best practices, new technologies are key to increased corn productivity.

The Philippine National Corn Congress is aimed at showcasing not only the latest technology and best farm

practices but also to serve as an avenue for discussion of current issues and share knowledge and views

among stakeholders, said Department of Agriculture Assistant Secretary Edilberto M. de Luna, also designated as the National Corn Program Coordinator. He said the Congress is expected to bring together farmers, agriculture officials, local government units, private sectors and other corn industry stakeholders in the country. confab/PAGE 11

A new four-classroom, two-storey building in Maño Elementary School in San Remigio, North Cebu is among the 200 classrooms that the Aboitiz Foundation will turn over to beneficiary schools next month. (Photo Provided)

200 Yolanda classrooms see completion by end October A NEW four-classroom, two-storey building in Maño Elementary School in San Remigio, North Cebu is among the 200 classrooms that the Aboitiz Foundation will turn over to beneficiary schools next month. Less than a month from now, around 13,000 students displaced by super typhoon Yolanda in Northern Cebu

will be getting back inside the classroom, providing them a sense of normalcy and protection while learning. “The children’s education in the affected areas had a major setback with no supplies and classrooms from which to work. Our top of mind was to get these children back to school where classrooms/PAGE 11

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Women in ARMM are Gains of the East Asean Growth Area cited more empowered – PSA By JOEY SEM G. DALUMPINES, Contributor

DAVAO City -- Former President Fidel V. Ramos lauded East Asean Growth Area members namely Brunei, Indonesia, Malaysia and the Philippines for the gains achieved in the areas of the economy, culture and arts, twenty years since the polygon

was established. Speaking at the press briefing on the opening day of the 2nd BIMP-EAGA & IMTGT Trade Fair and Business Leaders’ Conference, he said the cooperation forged among these countries and their combined population of more than 600

million ascertain the posture that as one, they can be a strong trading partner by any country in the world. He said that the East Asean Growth polygon expands with the inclusion of the Northern and Western territories of Australia. “Given its expanding membership, it is now a great challenge for all member countries to improve the business opportunities and industries they can offer to their trading partners,” Ramos said. Secretary Lualhati Antonino, chair of the Mindanao Development Authority bared that the distance of the Philippines to other EAGAmember countries remains a challenge given its distance. She said the Philippines can be reached fast only by plane.

Antonino said the country works with Indonesia and Ma l ay s i a t ow a r d s t h e restoration of the Manado, Indonesia-Philippine flight and the Sandakan, Malaysia to Zamboanga City sea travel. Antonino also cited the gains of the partnership among its trading partners in the EAGA, particularly in agriculture, technical vocational education and halal food production. Datu Razali Ibrahim, Malaysian Deputy Minister of the Prime Minister Department urged member countries to avoid business competition and instead help one another in enhancing their respective industries. EAGA was founded in 1994 in Davao City, the socioeconomic and cultural hub in Mindanao.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

MARAWI City -- Women in the Autonomous Region in Muslim Mindanao (ARMM) are more empowered compared to those in other regions in Mindanao, an official from the Philippine Statistics Authority (PSA) said Wednesday. Suod Barodi, PSA-ARMM interim regional director, said results of the National Demographic and Health Survey (NDHS) conducted by PSA in 2013 show that women in the region have better participation in family decision-making, control over their earnings and rarely experience acts considered to be violence against women (VAW). P S A s ay s t h e 2 0 1 3 NDHS “provides up-todate information on the p opu l at i on and he a lt h situation in the Philippines.” The NDHS show that 44 percent of working women in the ARMM have control over their earnings and

have greater participation in decision-making on family matters such as health care and other major household concerns. Only 2.7 percent of women in the region experienced VAW, which includes sexual, physical and emotional abuse. In terms of help seeking behavior, 26.3 percent of them sought help to stop violence, a likely indicator of the women’s awareness on VAW and of government advocacies addressing it. Further, the average percentage of pregnant women who experienced VAW is lower in the ARMM - 1.4 percent - compared to the national average of 4.2 percent. VAW cases in other regions in Mindanao are c o m p a r a t i v e l y h i g h e r. Zamboanga peninsula reg istere d 3.9 p ercent, C A R AG A 9 . 3 p e rc e nt , Northern Mindanao 9.6 women/PAGE 11


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Car importers grow Sept sales by nearly a fifth

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Algen’s Dive Resort (088) 3872015 Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 09399076948 Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480 Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696 Mapawa Natures Park 8584402 Fax: 725265 Mallberry Suites 8541999 / 7249999 Fax: 8544999 Maxandrea Hotel 8572244/729943 Fax: 724090 Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104 Pryce Plaza Hotel 8583131 Fax: 726687

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946 Seda Centrio Hotel 32288888 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 Tune Hotel 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Max’s Restaurant 8586297 Fax: 8568264 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438 Thai Me Up 738424/3108424 Fax: 738424 Barkadahan Grill 8551234 La Tegola Cucina Italiana 8585959

Hyundai was one of the best-selling passenger cars in September.

MEMBER-companies of the Association of Vehicle Importers and Distributors Inc (AVID) sold more than a third more at the close of the third quarter. In a statement, AVID said its member-firms sold a combined 3,043 units in September, up 37 percent from 2,227 units in the same month last year. This brought year-to-date sales to 27,013 vehicles for a 19 percent increase from 22,785 units in the same nine months of last year. The group said exceptional growth was seen in both the passenger car and light commercial car/PAGE 11

Toyota eyes PH as Del Monte Pacific sets fresh fund-raising to retire debt backup hub for Thailand DEL Monte Pacific Ltd (DMPL) is selling preferred shares in December to settle debt incurred for the acquisition of the company that owns the Del Monte brands rights in the United States and South America. In a preliminar y prospectus filed with the Securities and Exchange Commission, the fruit canner and grower said it is raising

$360 million from the sale of 36 million preferred shares at an offer price of up to $10 per share. The shares have a par value of $1 apiece. Dividend on the preferred shares will be at a fixed rate of 5.25-7 percent per annum T h e s h a re s a l e w i l l commence on December 3 or 8 and end on December 12. The shares will be listed del monte/PAGE 11

JAPANESE car maker, Toyota Motor Corporation, intends to expand operations in the Philippines that will serve as backup hub for Thailand — the largest manufacturing hub for automotive companies in the region. Philippine Chamber of Commerce and Industry (PCCI) President Alfredo M. Yao told reporters at the sidelines of 40th Philippine

Business C onference at Manila Hotel Wednesday that the business group had recently met with its counterpart in Thailand, wherein Toyota’s arms in Thailand and the Philippines said the company is eyeing for expansion in the country. “Toyota will be coming here. They will expand here,” Yao said. He mentioned that the intended expansion of the Japanese car firm will involve full assembly of sport utility vehicles (SUV) like Toyota Fortuner. “ The y are t r ying to assemble it here. They will use Philippines as hub to export for other ASEAN market,” he added. Hence, the Philippines will be an additional production hub for SUV models of Toyota. Toyota manufactures all of its SUVs in Thailand. According to Yao, the plan of assembling some SUVs in the Philippines is to mitigate the risk of disasters such as the severe flooding in Thailand, which it experienced in 2011. The PCCI chief also noted that the planned assembly of SUV models in the Philippines for Toyota will be possibly exported to other ASEAN markets. PCCI recently met with the Federation of Thai Industries in which they identify sectors where Filipino and Thai businessmen can further expand trade and investments.

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CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011


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Problems Mean Progress

T

hink a minute…What’s your problem? You know that not all problems are bad? In fact, having problems sometimes means you’re making progress. A big hardware business moved into the same building with another, small hardware store. The big hardware competitor posted signs all over the building that read: “Grand Opening.” So not to be beat, the owner of the small hardware business posted a big sign over his store that read: “Main Entrance.” It’s successful people who know that their biggest obstacles often become their biggest opportunities. As one smart man said: “The same big stone that’s an obstacle to a weak person is a steppingstone to success for a stronger person.” The difference is in their attitude and response. R e m e m b e r, y o u a r e not the only person with problems. Even the lion has to fight off flies! So “Don’t be afraid to face the music just because you don’t like the tune.” Many years ago, American farmers carried their potatoes in wagons to the market. As their wagons bounced along on the rough, bumpy roads, the big potatoes were always the ones that ended up on top. And it’s usually the

Courageously Coping With Cancer

R

obert T. Rivera, or Usec Robert to his close friends and associates, first caught public attention in the mid-70’s via television. While working as Disco and Television Coordinator of Dyna Records (owned by the venerable Dr. James Dy), Robert demonstrated the latest dance crazes. Flyers of his easy-to-follow dance instructions were printed and sold together with popular Dyna record albums. Soon he was dancing on nationwide TV with a bevy of movie and television stars and celebrities, among them 1975 Miss World Wilnelia Merced of Puerto Rico. He became a frequent guest in the shows of Archie Lacson (Penthouse 7) and Joe Quirino (Seeing Stars). Because of his inimitable dance interpretation of “You should be dancing” (originally performed in 1977 movie hit Saturday Night Fever), he earned the sobriquet as “Teenage John Travolta of the Philippines”. Years later, Usec Robert had a very successful stint in the private sector for which, he said, he would forever be grateful to his late fatherin-law, Mr. Ernie Paje. Mr. Paje was the patriarch of the Integral group of companies, which during its time was consistently among the top 800 corporations. Usec Robert became President of Integral Properties, VP/ Director of Integral Chemical Corporation, and President of the influential Mandaluyong Chamber of Commerce and Industry.

THINK

same with people. It’s the people with bigger hearts of faith and perseverance who end up on top, after getting over their life’s bumps and problems. There’s a saying: “What doesn’t kill you makes you stronger.” Yes, problems may detour you and take you off course for a little while, but only you can choose to stop moving ahead. Sometimes we think that our temporary problems are permanent. But if you stay patient and positive, then the end of your problem will become the beginning of your new season of success. So why not ask Jesus Christ to take charge of your heart every day. It’s only with Him on your side, and His peace and power in your life, that you can turn every problem into progress. Just Think a Minute…

Then came the call of public service. Usec Robert accepted a position as Director VI (with the rank of Undersecretary) at the Office of the Presidential Spokesperson. Later he became Undersecretary for Operations at the Office of Press Secretary. His vibrant personality made him a natural for the tasks at hand. In his veins runs the same blood as that of movie and entertainment personalities, Mila del Sol, Gloria Imperial, Jeanne Young and OneMig Bondoc. Usec Robert frequently appeared as moderator during the daily briefings at the Malacanan press briefing room. He also hosted a longrunning weekly public service program called “Pilipinas, Ngayon Na” in PTV 4. On t he side, as his personal contribution to then President Arroyo’s job-generation program, he organized in 2005 the first Philippine Call Center Jobs Fair with Manila Bulletin as media partner. The fair provided opportunities to around 2,500 new graduates, including persons with disabilities. He first became director and later President of RPN 9. During his stint, he presided over a “very painful but necessar y retrenchment process to stop the company’s financial hemorrhage.” As a result, he was able to make RPN 9 once-again an attractive candidate for takeover by a white knight. A glossy lifestyle magazine dubbed him “The Comeback

Kid” for his efforts. Ironically, his career which was propelled by television may have also been cut short by television. One June 2, 2014, a family friend, Dr. Ricky Quinones suggested ultrasound to check on a suspicious lump in his left armpit. Another family friend Dr. Andrew Gonzales noticed that the lump was getting bigger and appeared to be multiplying. Dr. Rouel Azores of Asian Hospital, who performed the biopsy ruled that it was “non-hodgkins lymphoma B-cell, also known as cancer of the immune system, stage 3.” Dr. Azores recommended immediate chemotherapy procedure with his chemotherapist partner and oncologist Dr. Gerry Cornelio of St. Luke’s Global City “as the lumps have already metastasized quickly into the other lymph nodes of the body”. Robert sought second and third opinions from Dr. Florante Gonzaga of Medical City and alternative medicine expert and Oncologist Dr. Rey Viloria. They confirmed the earlier findings. “ T h e abn or m a l c e l l formation in his (Usec Robert’s) body was the result of electro-magnetic radiation drench.” It was explained that, one way or the other, all of us are exposed to electro magnetic radiation or EMR. We get EMR all the time from television and computers screens, from cellphones, and from micro wave ovens.

SPEAKING

O ut

By Ignacio Bunye

But the adverse effects of electro magnetic radiation are amplified by the frequency and severity of exposure. Doctors surmised that Usec Robert may have gotten a frequent and severe dose of radiation when RPN 9 moved its executive office in Broadcast City to the RPN 9 TV tower in Panay Avenue two years ago. USec Robert just completed his first set of chemotherapy treatment last week. He is very thankful for the love and support of his family – his son Ernest and Ernest’s Mom Charie, his younger children RC, RJ, his wife Elyza, and sister Lolly Acosta, friends Wilson and Pauline Tieng and church mates Shoddy Chase and Ryan. Like a true survivor who braved hardships early in life, he now faces his biggest challenge with supreme confidence. He said he has entrusted himself to “our Great Healer and with the help of Jesus, the Great Physician..,. I shall overcome.” For feedback, email us at totingbunye2000@gmail. com.

Do Video Games Really Mean Something?

A Minute

By Jhan Tiafau Hurst

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A

re video games really starting -gasp!- to mean something for you? Actually, I planned to entitle today’s column with something like “The Art of the Virtual” or so. Virtual... Mmmh! Sounds very stilted! On the other side, my dear readers, I really get tired writing about political crisis, anti- or pro-rallies, impeachments, who is against whom, statements, etcetera, etcetera. Of course, eternal vigilance is needed always, but today I like to share my tears regarding another thing with you. The force of habit, makes me turn on my television every night just to feel (again) updated about everything, and what’s going on in the whole world. When I again started to utter innumerable groans, my 16 years old

nephew invited me to join him playing video games. So far so good - I tried my very best. I also had Steven Spielberg in mind, who spoke out on video games almost ten years ago at the EA Game Innovation Lab at the University of Southern California. “I think the real indicator, “he said, “will be when somebody confesses that they cried at Level 17.” Spielberg was indeed talking about video games, and the less absurd question of are-they-or-aren’t-they. I was here to accept Spielberg’s challenge and come clean. I confess: yes, the video game made me cry. And my nephew watched at me and asked me, if I didn’t feel well... . I forgot the game’s name, and it wasn’t actually Level 17 or even Level 10. I guess, it has been only Level 5. I had

been slugging it out for what it seemed like - and probably was - hours with a bunch of aliens in an icy canyon. Just, as all hope was fading, I chose an alien aircraft and made by escape. Moody music, like something “Carmina Burana”, which I used to bring on air several times in my classic music radio show, swelled in the background. It was like the end of “Platoon”, and I was Charlie Sheen. But then, the waterworks started. My cellphone features Snake II, Space Impact, Bantumi, Pairs II and other nice games. I forgot my tears and started smiling: Sounds on, light on, shakes on, Space Impact - new game, top score: 3,615! Great, isn’t it? Are video games art? Nobody knows yet, but the cool thing is, we are the ones who get to decide. So grab a joy-

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H ave M y Say

By Klaus Doring

stick, sit back and relax (yes, relax!) and get it on with Level 1. I promise, nobody has to know. And just in case, keep some tissues handy... . +++ Email: doringklaus@ gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.


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BSP tightens disclosure rules on banks’ UITF offerings THE Bangko Sentral ng Pilipinas (BSP) has tightened rules pertaining to how banks market unit investment trust funds (UITFs). A UITF is a company that pools the funds of individual investors and invests the money in assets that usually are accessible only to institutional and high net-worth investors. The UITF also refers to any such fund. Under BSP Circ ular No. 852, banks and nonbank institutions handling UITFs are now required to disclose more information about the funds they offer. The information should be included in a key information and investment disclosure statement (KIIDS), a document that contains the key features and prospective as wel l as outst anding investments of a UITF. Among the minimum information in the KIIDS are the general investment policy and applicable risk profile, pricing, cut-off time for participation and redemption, penalties and any special feature, all charges and the availability of the plan rules upon the client’s request. The BSP also requires regular computation and daily availability of the net asset value per unit (NAVPU).

“The recent amendments to UITF regulations, particularly on the inclusion of the Key Information and Investment Disclosure Statement as part of disclosure documents and the requirement to make the NAVPU available daily and historically, are to improve consumer protection and align these with global best practices,” BSP Governor Amando Tetangco Jr. said. “The circular specifies the content and format of the KIIDS, a one-sheet document that is intended to help UITF investors better understand and compare across UITF offerings,” he added. When banks first offered UITFs several years ago, they received flak from ordinary investors after a market downturn wiped out t he va lue of t hei r investments, especially after people discovered that the money weren’t insured by the Philippine Deposit Insurance Corp (PDIC). In a separate circular – BSP Circular No. 853 – the BSP will allow the offering of a multi-class UITF, which is a “structure which has more than one class of units in the fund and is invested in the same pool of securities and the same portfolio, investment objectives and policies.” This means trust

managers can now create a pool of funds with different levels of holding periods and corresponding trust fees, among others. “There is a second circular on allowing the offering of

multi-class UITFs. Before t his, UITF regu l at ions only allow for a single fee structure, target participants, minimum participation and holding period for each UITF. Under this new

circular, trust specialists could create multi-class UITFs, which would have several classes of units which may be differentiated based on level of trust fees, holding period, etc.,” Tetangco said.

“ The creation of the multi-class UITF is expected to promote operational efficienc y and improve economies of scale for collective investments,” he added.

Customs falls short of Sept. collection target TAX collections from the country’s ports fell short of target last month on the back of underperformance among the biggest Customs areas. In a statement, the Bureau of Customs (BOC) said it generated P32.87 billion in revenue in September, a 27 percent increase from the same month last year and the agency’s highest tax take

for a single month. This brought year-todate collections to P265.79 billion, 18 percent higher than a year ago. D e s pit e t h e re c ord , collections were still shy of hitting the P34.56 billion goal for September. L e a d i ng t he u n d e r p e r f or m e r s w e re Manila International

Container Port (MICP), the Port of Manila and the Ninoy Aquino International Airport (NAIA) – three of the country’s so-called “billionaire ports.” Collections at the MICP reached P8.61 billion, or below the target of P9.82 billion, whereas the P5billion haul from the Port of Manila likewise fell short

Global shares post best week since mid-2013 after earnings boost NEW YORK - Global equity markets rose on Friday after strong corporate results from Microsoft and Procter & Gamble and reduced concerns over the possible spread of Ebola boosted U.S. shares and kept safe-haven U.S. Treasuries prices stable. MSCI’s all-country world equity index rose 3.1 percent for the week, marking its biggest weekly percentage

gain since July 2013, while the benchmark U.S. S&P 500 was up 5.5 percent from its low on Oct. 15 and notched its best weekly gain in almost two years. Solid U.S. corporate results bolstered shares over the week. News late on Thursday of the first person to test positive for Ebola in New York C it y we i g he d on European shares, and while

the scare initially held back buying in the United States, U.S. investors later shook off those concerns. “Ebola is something you want to keep an eye on, but the probability of widespread infection is pretty small, and I think that’s what the market believes,” said Scott Wren, senior equity strategist at Wells Fargo Advisors in St. earnings/PAGE 11

of the P7.25 billion goal. The NAIA raised P2.44 billion, also below its P3.02 billion target. The three ports account for about half the bureau’s total collection goal. Other billionaire ports managed to meet their targets, namely the oil ports of Limay and Batangas. The BOC said the yearon-year increase in overall collections was due to a 16 percent increase in the volume of imports, as the country purchased from abroad higher amounts of petroleum products, motor vehicles, iron and steel products, as well as electrical machinery. The P0.98 depreciation of the peso vis-à-vis the US dollar also cut the cost of petroleum imports, which accounted for about 27 percent of the total import bill. For every P1 change in the exchange rate, the BOC stands to gain or lose about P2.7 billion in revenue.


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P2.5-B Italian govt aid to benefit Normin farmers poor in the less developed areas in Northern Mindanao. IA R C D SP b e g a n i n February 2013 after the signing of a memorandum of agreement between the Philippine government and the Italian government. It is part of the European Union’s efforts to strengthen the Philippine government’s peace efforts in Southern Philippines.

Marohamsalic said proponents of the project are at the pre-implementation stage and are hoping to commence implementation next year. “We have already started validating areas to be covered and consulted the local leaders on the immediate needs of their communities to improve their farms,” he said.

S OM E 5 3 , 000 Fi l ipi no farmers and their families will benefit from the P2.5billion Italian Assistance to the Agrarian Reform Community Development Support Program (IARCDSP), the Department of Agrarian Reform (DAR) said on Wednesday. In a statement issued by DAR’s Public Assistance and Media Relations Service,

IARCDSP Project Manager Pabil Marohomsalic said agrarian-reform projects aimed at improving the lives of the farmers in the countryside of Northern Mindanao is in the offing. Also called agrarian “peace” projects, the IARCDSP projects are expected to boost confidence in the building efforts of the government by improving the lives of the

BFAR eyes growth of Red Tilapia industry

DA allots P152M to improve farm roads in Sultan Kudarat

By MICHAEL L UY

DAVAO del Norte -- With the development of raising Red Tilapia at sea, a fish expert forecasted the growth of the industry starting next year. Mo h a m m a d Ja i l a n i , provincial fishery officer of the Bureau of Fisheries and Aquatic Resources, said that because of the advancement of new technolog y that enables the Red Tilapia or the King Fish to survive in the sea water, more growers will be enticed to breed the specie. bfar/PAGE 11

GENERAL Santos City -- The Department of Agriculture (DA) is investing around P152 million in the next two years for the rehabilitation and improvement of farm-tomarket roads (FMR) in Isulan town in Sultan Kudarat. Isulan Mayor Diosdado Pallasigue said on Thursday such allocation was based on the total cost of projects that were approved by the DA central office for the area under the World Bank-supported Philippine Rural Development Program (PRDP). He said their municipality was earlier chosen by the agency as among the pilot

areas in Mindanao for the i n f r ast r u c tu re supp or t component of the initiative. On Wednesday the local government received a certificate of availability of funds from DA Region 12 for the first tranche of the approved financial grant for the area amounting to P33.7 million. The mayor said such funding is part of the initial P48 million worth of FMRs set for implementation in three barangays in the area this year. He said the project involves the rehabilitation and concreting of a 2-kilometer

road that stretches from barangays Kudanding, Bual and Tayugo. “The initial phase of the project is now almost complete so we’re now processing the release of payment to the contractor,” he said. Pa l l a s i g u e s a i d t h e remaining P104-million grant, which was set for implementation early next year, will cover five more palay-producing barangays in the area. He said the project, which is due for completion by June next year, involves the rehabilitation and concreting of around 14 kilometers of farm-to-market roads.

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SurSur fishery office keeps tie-up with fisherfolk TA N DAG C i t y – T h e Provincial Fisheries and Aquatic Resources Office (PFARO) in Surigao del Sur has continued to keep fisherfolk provided with technical and other forms of livelihood support. According to Bernesita Rojas, PFARO planning division chief, this month of October, their office has set aside 28,200 tilapia fingerlings for distribution. She bared that seven fishermen from four municipalities in the province are set to benefit from “Fish Seed Production and Distribution” within the month—three from Tago,

two from Cantilan, while one each from Hinatuan and San Miguel. Meanwhile, Rojas confirmed that last week, October 13-17, was Fish C o n s e r v a t i o n We e k celebration or “Linggo ng Pangisdaan,” which carries the theme “Sektor ng mga Mangingisdang Rehistrado at Kinilala Kabalikat sa Pagsulong ng Pangisdang Masagana.” Bu re au of F i she r i e s and Aquatic Res ources (BFAR) Caraga Regional Office headed by regional director Dr. Nerio Casil led the celebration in Surigao City, it was learned.


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Transport strike looms in CDO By GERRY LEE GORIT

PRINT MEDIA TRAINING MODULES Print Media 1. 2. 3. 4. 5. 6. 7.

Column Writing Editorial Writing Editorial Cartooning Feature Writing Fact-sheet Writing Feature Writing First Aid During Media Coverage and Other Emergency Situations 8. Headline Writing 9. Investigative Reporting 10. Keeping Media Practitioner’s Family Safe

11. Layouting 12. Low-cost Media 13. News/Press Conference Organizing and Facilitation 14. News Paper Editing 15. News Writing for Print 16. Photography 17. Print News Release Preparation 18. Securing the Newsroom 19. Specialized Writing : Sports, Business, etc.

BROADCAST MEDIA TRAINING MODULES

1. Audiocraft 2. Audio News Release Production 3. Broadcast Editorial Writing 4. Broadcast Media and the Church Broadcast News Scriptwriting \ Broadcast News Simulation 5. Communication Theory 6. Community Radio Program Production 7. Conducting Energizers/Ice Breakers 8. Coverage of Civil Disorders, Natural and Human-induced Catastrophic Situations, Wars and Conflicts, Abuse and Exploitation 9. Data Gathering 10. Dealing with Death Threats and Surveillance 11. Disc Jockeying (Disk Jokering) 12. Effective Listening and Questioning 13. Feature Writing and Production 14. First Aid During Media Coverage and Other Emergency Situations 15. Headline Writing 16. Interviewing Children 17. Investigative Reporting 18. Keeping Media Practitioner’s Family Safe 19. Lantern Lecture Techniques 20. Microphone Handling 21. Newscasting

22. Non-linear Audio-Video Editing 23. News/Press Conference Organizing and Facilitation 24. Overcoming Ambush Interview 25. Overcoming Stage Fright 26. Program Hosting/Anchoring 27. Public Journalism 28. Radio, As Community Development Tool 29. Radio Programming 30. Radio and TV Guesting and Interview 31. Securing the Newsroom 32. Specialized Writing : Sports, Business, etc. 33. Telephone Interview and Reporting 34. Television, As Community Development Tool 35. Video Camera Handling 36. Video News Release Production 37. Voice Development

CAGAYAN DE ORO CITY Public utility vehicle owners and drivers in Cagayan de Oro City will be joining a nationwide transport strike on October 27 to demand for a P6 oil price rollback, scrapping of the oil deregulation law and the “exorbitant fines” imposed on erring drivers. The Starex-Piston in Region 10, which represents operators and drivers of public transportation, will spearhead the strike in the city. According to the group the Joint Administrative Order issued this year by the Department of Transportation and Communications and implemented by the Land Transportation Office and the Land Transportation Franchising and Regulatory Board is not for the benefit of public utility drivers. It said the penalties are “too high” for an ordinary driver to afford. The order imposes a fine

of P3,000 for driving without a license, and up to P10,000 for reckless driving (violators will be fined P2,00 for the first offense and P3,000 for the

second offense). A fine of 5,000 is also imposed on drivers operating a vehicle with defective or unauthorized accessories and parts. The regional Starex-Piston group said the higher fines

are not the solution to traffic problems and that the drivers may be forced to stop plying their routes for fear of making a violation. The strike is scheduled from 4 a.m. to 4 p.m.

A public utility jeepney in Cagayan de Oro plies its route on Saturday as a major transport strike looms on Monday. Operators and drivers of jeepneys are calling for an oil price rollback and scrapping of an order imposing higher penalties to traffic violators. The strike is expected to last from 4 a.m. to 4 p.m. photo by gerry lee gorit

Others 1. Structured Learning Exercises 2. Trainers Training on Training Facilitation 3. What To Do When Abducted, Arrested, or Stopped at Checkpoints or Roadblocks 4. Zero Waste Management

GENDER AND HEALTH TRAINING MODULE

1. Adolescent and Youth Health 2. Gender and Reproductive Health 3. Gender Sensitivity for Couples, Women and Men 4. Gender Sensitivity in Media 5. Gender Sensitivity Training for Lupon 6. Gender in Waste Management 7. Violence Against Women and Children

INFORMATION, EDUCATION, COMMUNICATION (IEC) and ADVOCACY MODULES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

Brainstorming and Project Presentation Building a Constituency for Support Communicating with the Adolescents, Handicaps Community Organizing and Planning Community Public Address System (ComPAS) Conducting an Advocacy Campaign Designating Spokespersons Data Gathering Defending Against and Addressing the Opposition Development Communication Educating Colleagues Establishing Goals, Objectives and Activities Expanding Your Base of Support Enhancing Your Public Education Efforts Establishing Hotlines Framing Issues and Shaping Your Message Going Public/External Relations

18. Intrapersonal and Interpersonal Communication 19. Knowing Your Community 20. Letter to the Editor Writing 21. Making Contacts 22. Media Relations 23. Networking and Coalition Building 24. Objective Setting and Action Planning 25. Organizational Communication 26. Overcoming Burnout 27. Overcoming Stage Fright 28. Program/Project Audience Analysis 29. Project Proposal Writing and Presentation 30. Public Address System Operation 31. Public Speaking 32. Reaching the General Public 33. Reaching Policy Makers, Lobbying, Legislative Approaches 34. Strategic Planning 35. Verbal and Non-verbal Communication 36. Vision, Mission and Goals Setting 37. Writing Mission Statements

1st Governor Cup - (siting second row) Misamis Oriental Governor Bambi Emano and Vice Governor Joey G. Pelaez (sitting 4th from right), together with Provincial Board Members Nancy Madjos (sitting 2nd from right) and Mercy Grace Acain, Boris Olivier Actub, Heckert Emano and Mario Emano (not in photo) joined the Provincial Governor during the start of the 1st Governor Bambi Emano Cup in Barangay Tawan-tawan, Initao, Misamis Oriental. (From the FB Account Of Governor Bambi Emano)

VALUES AND RELATED TRAINING MODULES

1. Aggressiveness and Assertiveness 2. Coping With (Post-traumatic) Stress and Depression 3. Dealing with Conflict 4. Developing Positive Personal Values 5. Discovering Interpersonal Life 6. Emotional Quotient 7. Etiquette and Grooming 8. Good Passenger Handling 9. Human Relations and Personhood 10. Intelligence Quotient 11. Leadership 12. Overcoming Difficult People 13. Prayer Writing and Delivery 14. Public Relations 15. Sermon Writing and Delivery 16. Supervisor, as Formater 17. SWOT Analysis 18. Team-building 19. Values Clarification

For training facilitation, please contact +639997990008, +639262553215, or +639355588706

PALARONG PANLALAWIGAN-PAMPAARALAN 2014 – VICE GOVERNOR JOEY G. PELAEZ speaks before the teachers and student-participants during the Opening Ceremonies of the Palarong Panlalawigan Pampaaralan 2014. In his message, Vice Governor Pelaez sees the Palaro as an avenue for students to excel not just in their studies but also in sports. It is also a good medium to discover the talents of the students for them to compete in future national and international competitions.


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Confab... from page 1

The Philippine Maize Federation Inc., partnering Department of Agriculture, set the congress as grounding for 2015’s integration of ASEAN community, with the theme: “Corn Farming in the ASEAN Integration: Maximizing Opportunities.” De Luna said the corn congress is to prepare farmers for the ASEAN economic integration kicking off next year. This could be done through the partnership among agriculture department, private entities and farmer groups coming from different delegations not only in Mindanao but also in Visayas and Luzon islands. During the gathering, Corn Quality achievers Awards will be given to outstanding local government units or provinces that performed best in ensuring the quality and sustainability of the corn in their places. The event also targets to further push the development of the corn industry. De Luna said that the country is already sufficient in terms of feed stock by about 90%. “This year, the department is targeting 100% sufficiency level,” he said. He also said that such achievements and targets could not be hit without the help of new technologies. De Luna expressed the need to embrace modern pr a c t i c e s b e c au s e n e w developments in science and technology cannot be prevented. The congress will also involve individuals coming from the academe especially those into agriculture. DA-10 Regional Director Lealyn A. Ramos said the gathering will help motivate stu d e nt s to appre c i ate agriculture and make them take up agriculture courses. She said that because a lot of courses that involves modern technology are being offered, the rate of students under Agriculture each year is decreasing. Ramos explained that being into agriculture is not just simply planting and harvesting, it is also a field that involves Science. Thus, studies and researches

are needed to be done to further improve the quality of farming and other areas. Philippine Maize Federation Inc. President Roger V. Navarro likewise cited that 1.8 million Filipinos depend their livelihood on corn and another 11 million of them are directly employed in corn plantation. Thus, he said, agriculture, s h ou l d b e g ive n m ore importance because it feeds our people. Prior to the scheduled Corn Congress press time, demonstration and field tour to Xavier University’s Manresa farm was conducted to introduce participants to new technologies being applied in pilot fields. The tour was participated by more or less 400 farmers c om i n g f rom C a g ay an de Oro, Opol in Misamis O r i e nt a l, and Su m i l a o and Impasug-ong towns of Bukidnon. Agricultural Training Institute scholars, students, instructors and seed companies also joined in the event.

Classrooms... from page 1

they can be more at ease and comfortable to learn,” said Aboitiz Foundation Chief Operating Officer Sonny Carpio. The Aboitiz Foundation recently announced that as of mid-October, the construction of 70 new classrooms is already 95% complete, while the repair of 130 classrooms is 98% complete. Metaphil, the contractor for the schools rehabilitation project, assured overall project completion by the end of the month, in time for the target turnover by November – exactly a year after Yolanda ravaged central Visayas. The 31 beneficiary schools are spread out in 12 clusters in the towns of Bogo and San Remigio. In Bogo, repairs are 99% complete, while new classrooms are 95% done. Repairs and constructions in San Remigio, on the other hand, are 97% and 93% completed, respectively. The Foundation prioritized rehabilitation of schools in northern Cebu, which was among the hardest hit areas in the Visayas. This

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monday|OCTOBER 27, 2014 initiative is in line with its thrust to support public education in the country. Last April, the schools rehab project was launched through a ceremonial groundbreaking in Argawanon Integrated School in San Remigio where a new three-storey building with six classrooms will also be turned over along with the rest.

Women... from page 2

percent, Davao region 9.8 percent and SOCSARGEN 11.4 percent. “ The NDH sur vey is reflective of the advancement on gender and development (GAD) code fostered with the Bangsamoro culture on its high regard for women,” Barodi said. ARMM is also considered to be the safest place for women based on data released by the Philippine National Police (PNP) in August this year. Only 82 of the 23,622 crimes against women committed during the first semester of 2014 happened in the region. The ARMM was created in 1989 and is composed of the provinces of Basilan, Lanao del Sur, Maguindanao, Sulu and Tawi-Tawi, and the cities of Lamitan and Marawi. (Bureau of Public Information-ARMM/PIA-10)

Car...

from page 4

vehicle (LCV) segments. Passenger car sales rose 38 percent to 1,703 units last September from 1,230 a year ago, while those for LCVs climbed 35 percent to 1,340 units from 997 over the same period. Nine-month sales for both segments grew in the high teens. The top-selling brands were Hyundai, Sub ar u, and Volvo in the passenger car segment, whereas the Chevrolet zoomed ahead of the other brands with an 84-percent year-on-year growth. “ The popularity of AV I D’s veh i cl e s a c ro ss various segments has given the group its ninth straight month of positive growth, which further signals solid sales performance heading towards the year-end

Christmas season,” Ma. Fe Perez-Agudo, president of AVID said. She added that strong consumer confidence and bright economic prospects are positive for auto sales for the remainder of the year.

Del Monte... from page 4

on the Main Board of the Philippine Stock Exchange (PSE). BDO Capital & Investment Corp was tapped as the issue manager, lead underwriter and book runner of the offering. Estimated net proceeds of $351.41 million will be used to refinance a $350-million bridge loan f rom BD O Unibank Inc and the balance will be allotted to partially repay a $15.6-million shortterm loan from Metropolitan Bank & Trust Co. The loans were used to p ar t ly b an k rol l t he acquisition of US-based Del Monte Food Corp’s consumer food business, which was renamed Del Monte Foods Inc (DMFI), and offer-related costs. DMPL purchased DMFI last February for $1.68 billion. The preferred share sale is part of a series of equity fundraising initiatives aiming to reduce DMPL’s borrowings by approximately $520 million. After the planned preferred share sale and recently completed sale of common shares, the company will undertake a rights offer. DMPL completed this week a P93.50-million fundraiser through the issuance of common shares, also to partially repay short-term debt used for the acquisition of DMFI. The share sale was oversubscribed, the company said in a disclosure today. The target date of listing of the common shares on the PSE and the Singapore Exchange is on October 30. DMPL lost $21.9 million in the May to July period, which corresponds to the first quarter of the fiscal year of DMFI, due to higher interest expense.

Earnings... from page 7

Louis. “Stocks were oversold. Investors were over-worried about global growth, they

were over-worried about Ebola,” he added on reasons for the stock market rally over the week. Corporate earnings were mixed. Microsoft and Procter & Gamble rose following their quarterly results, offsetting a plunge in Amazon after the online retailer reported an earnings miss. Microsoft shares closed up 2.5 percent at $46.13, while Amazon shares closed down 8.3 percent at $287.06. The euro rose against the dollar on the view that a weekend update on the euro zone banking sector’s financial health would not reveal too many problems at the region’s top banks. As of the end of 2013, 25 banks failed the European stress tests, two sources familiar with the matter told Reuters on Friday. MSCI’s all-country world equity index was last up 0.45 percent, to 409.23. The FTSEurofirst 300 index of top European shares closed down 0.34 percent at 1,312.74. The Dow Jones industrial average closed up 0.76 percent at 16,805.41, while the S&P 500 closed up 0.71 percent at 1,964.58. The Nasdaq Composite closed up 0.69 percent at 4,483.72. The dollar index, which tracks the greenback versus a basket of six currencies, fell 0.14 percent to 85.721. U.S. 10-year Treasury notes were last up 3/32 in price to yield 2.2658 percent. Brent oil prices fell but were little changed on the week, while U.S. crude oil futures continued to slide. Brent crude settled at $86.13 per barrel, down 70 cents for the day, while U.S. crude settled down $1.08 at $81.01 per barrel.

BFAR... from page 9

Jailani revealed that based on the study, raising the Red Tilapia at sea is more feasible than Bangus, which covers more than 90% of the production of the Mariculture Park nowadays. He added that raising Red Tilapia in fish cages will cost around P-300,000 per a 10,000 fish-capacity cages. “This has a 90%-95% survival rate and the produce, which can weigh to around 500 kilograms in four months, can be sold in the market at P130-150

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per kilo,” he said. “Because of the sustainability and lesser investment requirements, we are encouraging the fish cage owners of the Panabo to also try breeding Red Tilapia,” Jailani said. Jailani emphasized that the technology was formulated by Pedro Pacatang, a fish cage owner in the Mariculture Park of Panabo City. Pacatang is a fish breeder and owner of Aqua Peñon Hatchery located in Carmen, Davao del Norte, who for 12 years studied different strains of fishes including Tilapia. Jailani revealed that for next year, they target to have 30% of the fish cages in the Mariculture Park to raise Red Tilapia. He also disclosed that as of now, international buyers in Singapore, Japan and hongkong showed interest in buying fresh Red Tilapia. Pacatang added that around 10 kilos of live Red Tilapia have been sent to Hongkong this month for samples to interested buyer. EXTRA-JUDICIAL SETTLEMENT WITH CONFIRMATION SALE Notice is hereby given that the intestate estate of the late spouses JOSE M. CABALLERO, SR. & CLETA I. CABALLERO, who died intestate without leaving Will, sometimes on February 17, 2001 & August 26, 1996 respectively; That the decedent at the time of death left certain properties situated at Corrales, Jasaan, Misamis Oriental Described as follows; left 1. “A parcel of land known as lot No. 7097, containing an area of SEVEN THOUSAND FIFTY FOUR (7084) SQUARE METERS, covered by Tax Declaration No. 08-11-0005-05812 in the name of Jose Caballero.”, 2. “A parcel of land known as lot No. 6075, containing an area of SIXTY FOUR THOUSAND SEVEN HUNDRED THIRTY THREE (64,733) SQUARE METERS, covered by Tax Declaration No. 08-11-0005-05811 in the name of Jose Caballero.” 3. “ A parcel of land known as lot No. 5467, containing an area of FIFTEEN THOUSAND TWO HUNDRED SIXTY ONE (15,261) SQUARE METERS, covered by Tax Declaration No. 0811-005-05813 in the name of Jose Caballero.” 4. “ A parcel of land known as lot No. 7096, containing an area of TEN THOUSAND THREE HUNDRED EIGHTY ONE (10,381) SQUARE METERS, covered by Tax Declaration No. 08-11-0005-05809 in the name of Jose Caballero.” 5. “A Residential building located at Block 32, Lot No. 14, Colrai, Macabalan, Cagayan de Oro City under Tax Declaration no. 201488 declared in the name of JOSE CABALLERO, SR. , is the subject of EXTRA-JUDICIAL SETTLEMENT WITH CONFIRMATION SALE under the notary public of DALE BRYAN D. MORDENO As per Doc. No. 262; Page No.53;Book No. LXII ; Series of 2014. BWM: Oct. 13, 20 & 27, 2014


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MyPhone’s MyART Competition, EXTENDED! MyPhone’s MyART Competition deadline of submission EXTENDED till the 15th of November 2014. The UAAP of ARTS is inviting all Individuals, Organisation and Schools to join the Country’s 1st ever MyPhone MyArts Competition. The competition is open to all Filipino STUDENTS , ORGANISATIONS and SCHOOLS who has the passion for the world of arts.

More than 500,000.00 worth of cash and prizes await the winners! Get a chance for your work of arts exhibited in The Green Sun - A Venue for Young and Contemporary Artist of the Philippines. For more information information and competition mechanics, please visit www.myphone.com/myphone or www.myphone.com.ph


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editor: ShAuN AlEjANDRAE YAp uY

VIBE B1

CDO developer joins Rome business event, promotes PH and CDO investments Rome, Italy – Italpinas’ multi-awarded architect and CEO, Romolo V. Nati, attended a business event in Rome last October 18, 2014 with the theme “Business Meeting to stimulate and strengthen the cultural and trade exchange between Italy and the Philippines”.

The meeting at Luigi Pigorini Museum, Piazza G. Marconi 14 in Rome was sponsored by the Embassy of the Republic of the Philippines in Rome, headed by Ambassador S. E. Virgil A. Reyes Jr. and organized by Mrs. Marie Luarca-Reyes of ENFiD. org, Michele Piacentini of

LESARTISTES.it with the coordination of the Study Legal Cardia. During the recently conducted meeting, Architect Nati talked about how he started promoting green developments in the Philippines and

ROME | Page B2


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APP & COMING Globe beefs up its app portfolio to spark the digital lifestyle revolution

ROME| from Page B1... discussed to the Italian business community the favorable business and economic climate for Italian investors. “As a developing country [Philippines], the success rate in investments is actually above average. Since 2006 to 2013, there is a rising middle class population. This results to a high demand on housing, providing a great opportunity for real estate companies,” Architect Nati said. Italpinas, a joint venture success story Since ITPI started in 2009, CEO Architect Nati believed that investing in the Philippines could bring about successful and mutually beneficial partnerships for both countries. “I am glad that the Philippine Embassy in Rome considers Italpinas a success story and a prime example of a joint venture between the Philippines and Italy. The Philippines

is a growing country and I am inspired to continually encourage the Italian companies to see the good opportunities in the Philippines,” Nati expressed. “The success of Italpinas especially our premier green project in Cagayan de Oro Primavera Residences, is an example of a fruitful collaboration. As a multiawarded and well-recognized development, the company is doing good and will continue producing eco-friendly developments in alternative cities.” Italpinas Euroasian Design and Eco-development Corporation (ITPI), is an ItalianFilipino green property developer that specializes in sustainable development. Its first project is Primavera Residences, the first eco-friendly condominium development in Cagayan de Oro which has been awarded as the Best Mixed-Use Development in the Philippines by the Asia Pacific Property Awards.

Today’s lifestyle is now defined by the latest mobile technologies. With the latest smartphones and apps, one can do restaurant reservations, shop for the latest finds, check traffic situations, hail a cab, and the list goes on. There is practically an app that makes hectic days more bearable, with the accomplishment of one task just a click or a swipe away. With these apps making one’s life easier to manage, leading digital innovator Globe Telecom has gone beyond offering call and text services with its portfolio of applications available across mobile platforms. From file storage, movie ticket reservations, menu of discounts and freebies, to account management services, Globe has an app that you can use to ease your worries away. Globe Cloud: Globe Cloud lets users automatically back-up contacts, messages, photos, music and videos stored on their mobile phone to a secure cloud location. Customers can access and manage all files and even contacts from their smartphones, tablets, computer or any mobile browser. A user can also transfer contacts from one phone to another as well as stream music and videos. Globe Cloud can also access existing personal storage accounts (for ex. Dropbox, photos from Facebook, and Google Picasa accounts) which enable access of all digital files in one place. Globe Cloud is very affordable with extra storage offered at a monthly or annual subscription. A cloud storage of 1GB is available for as low as P15 per month, while 100GB is at P499 per month and can be charged to prepaid credits or postpaid bill. The app can be downloaded for free from Google Play Store or iTunes App Store and comes with free 1 GB worth of storage. GMovies: Changing the way you do movie nights, GMOVIES gives you convenience when watching your favorite flick minus the hassle. It features services that allow users to cut through long queues or dread running out of good seats especially for blockbuster film showings. It fittingly

Gservices offers customers a convenient way to manage their Globe accounts with the Self Service menu

enables purchase of tickets and reservation of seats directly from the phone, highlighting its flexibility for moviegoers who want to plan movie nights ahead. It is an all-in-one app solution that delivers your movie tickets right on your mobile phone. GMOVIES has movie show times from Ayala Malls, Eastwood Cinemas, Greenhills Promenade and Theater Malls, Newport Mall, Powerplant, Robinsons Malls and select SM outlets to name a few. The app also showcases the trailers of the current movie lineup. Payment options for tickets include promo codes, MasterCard or Visa credit cards, and MPass. GDeals: With GDeals on your phone, you can find various discounts, freebies and offers from multiple sources, all in one place. It collects a wide variety of products from different deal sites that are tailored to your taste and preference. You can purchase deals directly through your smartphone without the need to print the vouchers. Payment options include reservation via load, credit card or cash on delivery. GServices: Perfect for Globe customers who are always on-the-go, GServices lets you manage your Globe Postpaid or Prepaid account easily and quickly. You can check your balance, subscribe to promos, redeem rewards, share-a-load, activate roaming, find the nearest Globe store, request for account modifications and even download free games and music. It is zero-rated and can be used without affecting your data. “Our latest app portfolio is a testament to our commitment to leading today’s digital revolution. There is an available Globe app fit for every digital lifestyle. With these amazing apps, our customers can continue to live their fast and evolving digital life,” shares Globe Vice President for Digital Media Glenn Estrella. To know more about Globe and all the latest apps visit http://www.globe.com.ph/ surf/app/applications/globe-apps call 7301010 or visit any Globe store nearest you!


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Balangayan camp—Pilipinas Natin’s inspiring way of building communities

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ALENCIA CITY, Bukidnon -- “Kyle” is a 19 year-old student who has a passion for environment and love of humanity. His dream is to go into the field of ecology conservation. But he has a far-reaching idea about human nature. He thinks that two—or more—are better than one, because they have a good reward for their toil. He said “together, we can do more than me doing it alone.” Until recently, that side of his forward thinking was fulfilled when the “Pilipinas Natin (PN)” volunteers organized a Balangayan Youth Camp at San Agustin Institute of Technology (SAIT) in Valencia City. Pilipinas Natin volunteers Brandy Liscano and Reno Ramirez worked with SAIT, the host organization, and led the way in mobilizing more than 250 young people, through National Service Training Program (NSTP) coordinator Rian Maisog. The event aims to support human development by promoting volunteerism. The Campsite It started during sundown with dozens of sleeping bags and tents pitched on the ground in SAIT gymnasium— and seemed as though the people involved in these philanthropic works are unselfish and most caring, Kyle said. The event is usually scheduled during weekend to keep youth involved and encourage volunteerism. It allows them to take time off if needed and keep scheduled hours short and flexible. Facing a changing world From there, environmental protection experts from Bukidnon Provincial Environment and Natural Resources Office (PENRO) had visual slideshows on how human actions have influenced the climate change of this planet anchored on thematic phrases “Nagbabago na ang panahon, Panahon na para magbago; Nagbago na ako.” “We, young people must understand the terrible impacts that are likely to take place if we don’t do anything. And we must understand what can be done to solve the problem. If we don’t do anything about climate change, and we don’t take urgent and effective actions to mitigate the emissions of greenhouse gasses, then in the future, the impact of climate change will become worse,” speaker Raquel Doydoy said. Team-building The participants formed friendship and support after the “getting-to-know-you” opener, to help both service team and participants get better acquainted. Several team-building sessions on “Sanlahi: Dakila

ka Pinoy, Sambayan: Itayo ang Perlas ng Silangan, Sandugo: Ang Mamatay ng Dahil Sayo,” Feet off the Ground, Human Caterpillar, and Build-a Tower were performed. On the second day, at break of dawn, participants should have cooked their food and had breakfast by 6:00 a.m, as scheduled. They should also be on their garden wear by 6:00 a.m. ready to be soaked in mud and water. This because participants would be challenged to do the Duck Walk, Army Crawl, Rolling in the Deep, Oblation Stand, Limbo Rock, and Water Relay. Youth think: Unite and build communities One of the participants name d ‘Pani’ s aid “we have brought our energy and creativity to the teambuilding process, demanding concrete actions from our colleagues. However, we know that change must not only take place in terms of government and schools, but also at home.” All through the obstacles during the PN challenge, we were able to conquer our fears. We, the young people have shown that we need not wait to inherit a knotty world, but that we want to be part of creating solutions, she said. As t h e e v e nt e n d s , organizers witnessed that young people have demonstrated that they can be active partners in promoting public par ticipation in responding to climate change, by engaging in local events about environmental issues. Youth who are involved promote community devotedness and positive citizenship. Youth volunteers feel more connected to their respective communities and tend to stay in or return to those communities, Liscano said. Experts agree that youth v o lu nt e e r i s m prov i d e s opportunities for youth to learn new skills and provides valuable work experience. This enhances work marketability and increases chances for college success. Volunteer work provides opportunities to develop friendships and meaningful relationships, often with likeminded peers and adults. Research also showed t hat t he exp er ience of

Even on a weekday, picnickers crowd Tinago Falls along the boundary of Iligan City and Linamon, Lanao del Norte, Wednesday (22 Oct 2014), thanks to the semestral break. mindanews photo by bobby timonera

volu nte e r is m c an help develop many social skills – compassion, leadership, confidence, self-esteem, plus the realization that you can make a difference. Volunteerism in nationbuilding The Pi lipinas Nat in Balangayan Camp is an empowerment weekend for Filipinos who want to be part of PN volunteer

networks. It is the official entry program to becoming a Pilipinas Natin volunteer and aims to inculcate to the participants the PN values and principles. Records show that throughout Mindanao, nearly 3,000 volunteers are changing lives and transforming communities. “We even had volunteers working when Typhoon

Yolanda hit some areas in Visayas,” said Brandy Liscano, PN regional coordinator for Mindanao. Pilipinas Natin is a volunteerism movement that thrives on the people’s continuing response to the call for change. It was l aunche d by Pre si d e nt Benigno S. Aquino III last June 30, 2011. As a flagship campaign

of the Presidential Communications Operations Office (PCOO) for Special Concerns, thru Pilipinas Natin Champion Undersecretary Jose Mari Oquiñena, PN shall fulfill its mandate to connect government with the people, by forming a volunteerism movement that will harness the Filipino’s potential for greatness. (RLRB/PIA10, Bukidnon)

Paje urges public’s help to stamp out illegal wildlife trade The Department of Environment and Natural Resources (DENR) has called on the public to remain vigilant against wildlife crime and help authorities stamp out the illegal trade that is pushing endangered species toward extinction. Secretary Ramon J.P. Paje in a statement renewed his call for vigilance following the recent arrest of wildlife offenders in two separate cases by operatives of the DENR-led Philippine Operations Group on Ivory and Illegal Wildlife Trade, also known as Task Force POGI. Aside from being vigilant, Paje said the public can help combat illegal wildlife trade by not patronizing illegal wildlife consumerism. “The public can assist us in two ways: by being vigilant and reporting suspected illegal traders, and by refusing to buy or own wildlife pets sourced from these illegal traders. And we are grateful that there are those who have already been heeding this call,” Paje said. He added: “Remember that when there are no buyers, there are no sellers nor poachers. It is also easy to verify the legality of a wildlife trader’s business operation through a certification from the DENR.” Just recently, Task Force POGI – a composite group of personnel deputized by the DENR’s Biodiversity Management Bureau (BMB) and officers of law enforcement agencies like the Philippine National Police and the National Bureau of Investigation – was able to apprehend two wildlife suspects in separate cases involving violations of Republic Act (RA) No. 9147, or the Wildlife Resources Conservation and Protection Act. One of the operations conducted by Task Force POGI last September 23 led to the arrest of a certain Jerry Juan of Caloocan City, a tomb caretaker at the Manila North Cemetery who had converted a mausoleum into a bird breeding center and another into a makeshift aviary. More than 60 birds of different kinds, including the endangered Philippine cockatoo, were confiscated from the suspect.

The other operation held last October 5 resulted in the arrest of a certain Artemio Lordan of Calaca, Batangas, and the rescue of a Brahminy kite, locally known as lawin, that he was selling along Aguinaldo Highway in Alfonso, Cavite. The two suspects were arrested after “concerned citizens” phoned in. The confiscated birds have been turned over to the nearest wildlife rescue centers of DENR in Cavite and in Quezon City. Under RA 9147, mere possession of endangered wildlife species is an automatic felony punishable by a jail term of up to two years and a fine of not more than P20,000. Involvement in illegal trade of endangered species carries a penalty of two years imprisonment and a fine of P200,000. (DENR)


BusinessWeek MINDANAO MONDAY | OCTOBER 27, 2014

www.businessweekmindanao.com

editor: ShAuN AlEjANDRAE YAp uY

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‘The Punisher’ set to fight in CDO MMA proving grounds

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ixed Martial Arts (MMA) fighter Lorde Rey “The Punisher” Magdale Yamit, born in Cagayan de Oro City, who now resides in Butuan City and manages the PEAK Review Center there – gets ready for his much anticipated homecoming fight. Lorde Rey’s MMA career has its ups and downs, just like any sportsman, but his most memorable bout was “when I knocked my opponent out in Cebu during the Ground and Pound VI event and got my Lightweight Division belt (GNP Lightweight

VIBE Photo Supplied

Story by Shaun alejandrae YaP uY

Title) against Mark “The Terminator” Araneta of Mandaue United MMA in July of 2012”. Lorde Rey will compete in “The Proving Grounds: October Fists” MMA event at the Emerald Ballroom of the Limketkai Luxe Hotel, Limketkai Drive, Cagayan de Oro City, October 30. Several undercard fights are also in the lineup and will start at 6:30pm. He is pitted with Rex de Lara, a former champion. “I know him, we see each other in URCC (Universal Reality Combat Championship) Cebu, he was a former bantamweight champion

Lorde Rey “The Punisher” Yamit after training with Coach Dondi at the KO Boxing Gym in Limketkai Center. Photo Supplied

in Visayas URCC, I have a big respect of him. But here in my hometown, I will seek and destroy him ‘til I win, last man standing will win” Lorde Rey says. Lorde Rey has been waiting for an opportunity to fight in his hometown, Cagayan de Oro, and “The Proving Grounds” event has finally come. “I’m very excited that I will be fighting in CDO, wow, very much excited Kagay-anons, don’t blink - this could be a war, I shall give my best to win this one”, Lorde Rey says of the upcoming fight. “It’s a big fight for me, very important because I fight in my hometown, it’s my honor to show Kagay-anons are ready to compete in MMA world, it’s very significant for me – this is my hometown, he will never defeat me in my hometown, I promise that I will look to win ds fight at any cause”, Lorde Rey

says excitingly. ‘The Punisher’ has been training hard the past weeks in preparation for The Proving Grounds. “I’m currently working on my game plan and hope to execute it effectively during the fight, and I hope to just focus... relax... enjoy the fight”, says Lorde Rey. “I offer this fight to Almighty God, my wife, my children - JR, JV and JM, to all Kagay-anons, my sister Manang Avic, MayMay, Omar, Tita Lotz, Tita Emma, and to my family” says Lorde Rey. Lorde Rey would like to also thank the people who have supported him through his MMA career, “Thanks to Mumma Mam Rose Chung, KO Boxing Gym in Limketkai, Coach Paden, Donde, Arman and PEAK Review Center, God bless you all”. Catch the MMA action at the Limketkai Luxe Hotel on October 30, for ticket inquiries please contact: 0926-9534-251.


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