Issuu on Google+

BusinessWeek

YOUR LOCAL ONLINE BUSINESS PAPER

Issue No. 11, Volume III • August 29-Sept 4, 2011

www.businessweekmindanao.com

P10.00

Primavera Residences banners Pueblo de Oro’s Green Revolution

By MIKE BANOS, Correspondent

W

ITH the September 1st unveiling of its Showroom, Model Unit and Office, Primavera Residences now carries the banner for the “Green Revolution” that’s sweeping across Pueblo de Oro Township, Uptown Cagayan de Oro’s most progressive community.

“We are happy to have the region’s first eco-friendly condominium in our township,” said Rodolfo L. Meñes, senior vice president and general manager of Pueblo de Oro Development Corporation which has developed the 360-hectare master planned mixed-use township into Northern Mindanao’s first eco-friendly real estate development. “As the first truly ecofriendly condominium in Cagayan de Oro and Northern Mindanao, Primavera Residences is proud to carry the fire, so to speak for ecofriendly innovations in the Pueblo de Oro Township,” said Architect Romolo V. Nati, president and CEO of Italpinas (Euro-Asia EcoDevelopment Corp.)

As the exclusive marketing agent for Primavera Residences, Pueblo de Oro reports it has sold over 50 percent of its available residential and virtually all of its commercial units as buyers rush to purchase a hot property which now represents the cutting edge in eco-friendly technology among the region’s fast growing number of condominiums. AVP Trading and Construction, Primavera’s contractor said in its latest progress report construction of the innovative building is now over 30 percent complete and would proceed much faster with the tower crane and additional manpower onsite. The 10-storey twin-tower Italian-designed condomini-

um is designed by ITA PROJECT, an Italian architectural design firm based in Rome with a solid reputation for award winning eco-friendly buildings, and developed by Italpinas, a sustaining member of the Philippines Green Building Council. It’s the first building in Northern Mindanao to be purposely-built along the principles of sustainable architecture and boasts of novel features like the capability to generate renewable energy, reduce the temperature of internal units, and maximize shading and natural ventilation. Mr. Nati says these passive design elements could reduce Primavera’s energy consumption for air conditioning by approximately 32% or around 20% of total energy consumption, directly benefitting condominium residents. These include cross-ventilation, building orientation, an inner green courtyard and terrace, louvers and extended awnings to maximize natural light and shadow. PRIMAVERA/PAGE 13

Pueblo de Oro integrates Township’s Green e-nitiatives

L

IVING in Cagayan de Oro is a balance of big city perks with nature at your doorstep. Such balance can be seen in the Pueblo de Oro Township’s adherence to the principles of New Urbanism, where it is possible to work where you live. As a masterplanned, selfcontained community with commercial centers and institutional areas carefully integrated with its comprehensive mix of first-class residential subdivisions (which give residents the convenience to merely walk a short distance away to shop, study, play and work), the Pueblo de Oro Township has all the means to promote balanced living. With prime residential subdivisions, booming business and commercial areas, and wide areas set aside for recreation, the

Pueblo de Oro Township is conducive for families. Top schools like Xavier University and Corpus Christi have also located in Pueblo de Oro, bringing quality education to the Township. In Pueblo de Oro, we are taking huge steps to help keep Cagayan de Oro green and encourage an eco-friendly lifestyle. By itself, Pueblo de Oro Township already had, from its very beginning, the wherewithal to be an ecofriendly undertaking with its 80-hectare world-class championship golf course and a 40-hectare urban rain forest, where we planeted thousands of tress in both areas. The drainage system of our golf course directs surface water and rainfall into our lakes, which serve as reservoirs for irrigation. What we implemented as a cost-saving measure at the start now goes around by the now fashion-

LIFE IN BALANCE

Rodolfo L. Meñes able moniker of “rainwater harvesting.” We have also begun maximizing the use of previously idle areas in our golf course as greens nurseries. For all our residential villages, we maintain open spaces such as parks and playgrounds not just to comply with government requirements but also to boost air circulation and so that our homeowners PUEBLO/PAGE 13


2

August 29-Sept 4, 2011

BusinessWeek

MINDANAO

TYPICAL ONE-BEDROOM UNIT Approx. 32.00 sq.m.(gross area) ARCHITECT Romolo V. Nati speaks on the eco-friendly features of Primavera Residences during the SM Green Retail Agenda launching at SM Cagayan de Oro August 4, 2011. PHOTO BY JON LASMARIAS

The E-shuttle in Pueblo de Oro is the first electronic jeepney shuttle service in Cagayan de Oro and Northern Mindanao.

PRIMAVERA RESIDENCES CONSTRUCTION GOES FULL BLAST. After the signing of the “Term Loan” for P130 million with Land Bank of the Philippines last March 28, Italpinas contracted Prompt Managers & Construction Services, Inc. (PMCSI) as its construction manager on April 29, 2011. Rolly M. Policarpio, Prompt president and general manager, said the firm will exercise safety, management and quality control over the project. In the signing is PMCSI President Mr. Policarpio shaking hands with ITALPINAS Chairman/ CEO Romolo V. Nati. Also in photo is ITALPINAS Vice President, Atty. Jose D. Leviste III.

THE Primavera model unit being showcased is a one-bedroom condominium unit with upgraded finishes that compares with the model units of high-rise condos in Makati. It uses minimalist but elegant furniture of Italian taste which condo unit buyers in Primavera may adopt. The architects took great care in designing the layout of the Primavera units to optimize space, increase the use of natural lighting and bring forth a comfortable and liveable space at an affordable price. “With the separation of the bedroom and the living room by a small corridor and the bathroom, maximum privacy is ensured,” according to Italpinas President and Primavera Architect Romolo Valentino Nati. “This, together with optimized space, minimalist furniture and increased natural lighting marks the unique design of the Primavera condo units,” Nati says.

Design Elements of Special Energy Award Italpinas President and CEO Romolo V. Nati explains the eco-friendly features of Primavera Residences to Land Bank of the Philippines President Gilda E. Pico during a trade exhibit held at the LBP Plaza in Manila recently.

Energy saving features, which went into the Special Energy Award design winner of the recently concluded Design Against the Elements (DAtE) global architectural competition, are utilized in the first eco-friendly condominium now under construction in Pueblo de Oro Township, Cagayan de Oro City. Photo shows Architect Romolo V. Nati receiving his Special Energy Award in the Professional Category from DAtE organizer Illac Diaz during the awarding ceremonies held March 17, 2011 in Makati City.


THE POWER CARD ENERGY ENHANCER For inquiries contact:

BUSINESSWEEK MINDANAO Tel. No. 856-33-44 / 72-53-80

BusinessWeek

YOUR LOCAL ONLINE BUSINESS PAPER

NOW OPEN EN Market City, Agora

Issue No. 11, Volume III • August 29-Sept 4, 2011

www.businessweekmindanao.com

Group bucks plan to hike power rates

P10.00

By RUEL V. PELONE, BWM Online Editor

T

HE militant Freedom from Debt Coalition (FDC) urged the Energy Regulatory Commission (ERC) to deny the petition of the National Power Corporation (Napocor) and Power Sector Assets Liabilities Management (PSALM) for rate increase saying it lacks merit and substance. The group said the Napocor and Psalm applied for power rate hike anew with the ERC to recover its stranded debts and contract costs amounting to almost P140 billion or equivalent to 40 centavos per kilowatt-hour through the universal charge (UC). Rather than increasing the rates, the group demanded for a cut in electricity rates saying the country had the highest residential power rates in Asia pegged at 24.566 US cents per kilowatthour

(KWH). In a statement, the group claimed that Psalm is “hiding behind small numbers” because the agency’s “true and cruel intention” is to pass on the entire debt to ordinary consumers. This as the group sees the need for public awareness regarding the issue. PSALM is mandated under Republic Act No. 9136 or the Electric Power Industry Reform Act (EPIRA) to calculate the amount of stranded RATES/PAGE 11

P500m hi-way eyed for Laguindingan airport By MIKE D. BAÑOS, Correspondent

CAGAYAN de Oro––Plans to build a P500-million highway leading to the new Laguindingan international airport have been endorsed to the national government by a group of public and private sector officials in Northern Mindanao. The interagency group, the Regional Development Council-Region 10, proposed a road interchange project consisting of a two-lane elevated highway with an estimated length of 1.5 AIRPORT/PAGE 11

ANGEL CARBAJAL

Beauty tilt

THE 20-year old BS Nursing student of Capitol University, candidate no. 6, MISS ANGEL CARBAJAL was crowned Miss Kagay-an 2011 last night held at the Atrium of Limketkai Mall. 1ST RUNNER UP was Candidate No. 8 Miss Jamie Joy Bantique, 2ND RUNNER UP was Candidate No. 12 Miss Christel Valdehueza, 3RD RUNNER UP was Candidate No. 4 Miss Elaine Roselle Aquino and 4TH RUNNER UP was Candidate No. 9 Miss April Hernandez.

Condotel

CAGAYAN de Oro Mayor Vicente

THE PRICE OF DEVELOPMENT. Dozens of business establishments, including the Emano has announced that Ayala

Pryce Plaza Hotel in Carmen Hill, Cagayan de Oro City are losing millions of income due to the “dilly-dallying” in the construction of flyover along Macanhan junction. Motorists and residents alike grumbled–-and have been asking why the construction took too long to complete. BWM photo by Rolando Sudaria

Bambi wins 2011 Tesda national kabalikat awards By GERRY L. GORIT, Photo-journalist

MISAMIS Oriental second district Rep. Peter Unabia has congratulated first district Rep. Yevgeny Vincente B. Emano for winning the top spot of the “2011 Tesda AWARD/PAGE 11

Overpass

AWARDEE. The Chief of Staff of Misamis Oriental

August 15 - August 30,2011

is planning to construct a 24-storey high-rise condominium in the city next year. Emano said the construction of a condotel called Avida, a brand of Ayala Land residential development, will boost the city’s economy and provide more jobs for the local residents. The mayor said that he learned about the project when Ayala engineers visited him. Lorebeth Requiroso

second district Rep. Peter M. Unabia, Ms. Bebeng Dumadag, extends Unabia’s congratulatory message to first district Rep. Yevgeny Vincente “Bambi” Emano for winning the top awards from Tesda. Advertorial BWM Photo by Gerry Lee Gorit

THE Ayala Land and the Ultracraft Advertising have come up with certain terms in regard to the plan of Ultracraft to construct a pedestrian overpass across Claro M. Recto in Cagayan de Oro. Earlier, the Ayala is opposing the construction of an overpass in the area claiming it will affect the design of its ongoing mall construction. However, Ayala has given the Ultracraft the “green light” to construct the overpass on condition that the Ayala will do the design.


BusinessWeek Economy 2 August 29-Sept. 4, 2011 Laguindingan airport tops gov’t priority infra project MINDANAO

T

HE Public-Private Partnership (PPP) Center has listed the privatization of the operation and maintenance of Laguindingan Airport in Northern Mindanao as one of the government’s priority infrastructure projects. This was bared after business groups in Mindanao called for more publicprivate partnership projects to boost economy in the island. The Mindanao business

groups met on Thursday to announce the 20th Mindanao Business Conference slated in Pagadian City, Zamboanga del Sur next month. They said that more PPP

projects would develop the business and economic potential of Mindanao. Other PPP recommendations will be discussed and finalized during the said conference as part of a Mindanao Policy Agenda they will submit to President Benigno S. C. Aquino III at the end of the summit. “The focus this year will be on public-private partnerships, particularly in the tourism, infrastructure,

mining and agribusiness sectors,” Mercedes Lourdes S. Quisumbing, president of the Pagadian-Zamboanga del Sur Chamber of Commerce and Industry Foundation, Inc., said in a statement yesterday. The Pagadian conference will be held Sept. 7-9 with the theme “One Global Mindanao.” The business confab will focus on policies and steps needed to improve Mindanao’’s com-

petitiveness in the export market, particularly agriculture-based products. It will also expound Mindanao’s potential to attract foreign investments in mining, tourism, and business process outsourcing. “But to secure Mindanao’s place in the global economy, we have to achieve a higher level of regional economic integration-and, in that regard, public-private partnerships

We are now open everyday, Mondays to Sundays and on Holidays

are crucial,” Ms. Quisumbing said. The annual event will be hosted by the Pagadian chamber and city government, together with the Philippine Chamber of Commerce and Industry (PCCI), Mindanao Development Authority, the Zamboanga del Sur provincial government, and the US Agency for International Development. Through the Growth with Equity in Mindanao program, the US government has been instrumental in building small community infrastructure, supporting livelihood and education enhancement projects in conflict-affected areas as part of a wider effort to address the roots of terrorism on the island. Edwin Capili, PCCI vice-president for Mindanao, said in the statement that the upcoming summit is “where business leaders, policy makers and investors meet for the purpose of making Mindanao a better place in which to do business.” Other projects for the island included in a tentative list are development of a Mindanao railway system and Kabulan 2 Multipurpose Irrigation and Power Project at the border of Sultan Kudarat and Maguindanao.

NOW HIRING DE ORO PACIFIC HOME PLUS

IS NOW HIRING WOMEN LOOKING FOR SALES JOBS!

Qualifications: • Female, not more than 22 years old • Atleast 2 years in College or Graduate of any 4 year course • Computer literacy is an advantage • Customer service oriented • Must have pleasing personality • Must be Honest, Committed, Positive and Hardworking • Can work with low supervision • Excellent interpersonal and communication skills in both written and spoken

mindanao

If you think you’ve got what it takes, Interested applicants may submit their RESUME/APPLICATION LETTER WITH TRANSCRIPT OF RECORDS TO:

The Manager De Oro Pacific Home Plus Lapasan High-way, Cagayan de Oro City

Passage Hotline:

Cagayan (088) 856-9114/856-3702 Ozamiz (088) 5210768 Iligan (063) 221-9914/2233275 Dipolog (065) 908-8341


BusinessWeek

MINDANAO

Companies

August 29-Sept. 4, 2011

3

Negostar forum helps entrepreneurs keep business processes simple and easy GLOBE Business kicks-off a fresh round of Negostar Fora nationwide as a means to help owners and managers of Small and Medium-scale Enterprises (SMEs) find ways to simplify their business operations. After a successful launch of the fourth wave at the Makati Shangri-La Hotel last August 16, the Globe Negostar Forum headed to Tarlac last August 18 and Cebu last August 19. On August 23, Globe Business will be holding simultaneous Negostar Fora at the Marco Polo Hotel in Davao City and Island Cove in Binakayan, Kawit, Cavite. The Negostar Forum then caps the month of August at the Heritage Mansion in Baguio City. “Globe Business provides a complete suite of wired, wireless and broadband solutions to small and medium-sized enterprises. As a one-stop-shop for all the communication needs of entrepreneurs, we put together mobile voice and data as well as broadband services in one package that’s customized for the needs and requirements of each client. We created these solutions especially for the SMEs to give them the added boost that they need to optimize their processes and serve their clients better, “said Manny Aligada, Head

of Corporate and SME Segments at Globe Business. Globe Business’ Account Managers provide consultation to entrepreneurs, customizing solutions suited to their unique needs. Today, they highly recommend the new Negostar deals that will help SMEs achieve cost-efficiency. SMEs can save as much as 50% in the new Negostar Bronze deal that offers three Nokia 1616 phones with three

postpaid lines for only P719 every month. The three lines, called Negostar Mobile Trio, get free 300 texts to all networks and are treated as one account so business owners get just one bill. Globe Business also offers the new Negostar Silver plan that gives as much as 39% savings to SMEs. For only P2,319 per month, they get a postpaid plan with a new Nokia C1NEGOSTAR/PAGE 11

TAN BUILDING (ORANGE COLOR) C.M. RECTO AVENUE, LAPASAN HIGHWAY 9000 CAGAYAN DE ORO CITY

Oro Chamber President Antonio Uy listens to Globe Business account manager during the launching of Negostar forum. The Globe Business launches the forum to help owners and managers of small and medium-scale enterprises find ways to simplify their business operations.


4 August 29-Sept. 4, 2011

Companies

BusinessWeek

MINDANAO

Aquabest, GQWEST support ‘Project Knowledge’

A

Q U A BEST and G Q W E S T, Inc., its mother company, have expressed their full support to the “Project Knowledge.” Project Knowledge is a project by the students of the University of the Philippines and the Knowledge Channel Foundation (KCFI) to support the education of Aquabest’s Joel Cruz, Marketing and Communications Manager and Almira Antiporda, Corporate Communications Head signs contract with Knowledge Channel at Aquabest Main Office. needy students. The foundation aims helping provide quality the Foundation has been ceed in life. That is why working towards this mis- we are proud to support at improving the lives of education for them. sion through the Knowl- Project Knowledge,” said For the past 10 years, poor Filipino children by Carson Tan, the CEO of edge Channel (KCh). KCFI provides public GQWEST. In supporting the projschools educational TV facilities at no cost to ect, the company in cooperation with the students them. So far, 2,000 schools and the KCFI set up a reaching 2.9 million stu- Facebook fan page for the dents have been provided project. For every like the page with access to Knowledge Channel and its pro- will receive, Aquabest will donate five pesos to the grams. “Education is the key foundation. To support to improving the lives the project, simply log SUN LIFE - Ms. Carla Gonzalez, strategic marketing manager of Sun of numerous less fortu- onto Facebook search the Life Financials (SLF), tells members of the Cagayan de Oro media, Thursday, how her company has been able to turn a lot of people’s nate children the edu- Project Knowledge and lives brighter under the ‘sun’. Among others, she cited Education cation they receive will press like. Advocate Piolo Pascual, Retirement Planning Champions Anton For more information and Armand del Rosario, Mutual Fund Investor Bam Aquino and be more important than Insurance Beneficiary Pia Magalona. At the head table are (l-r) SLF any other assistance in on the project please visCagayan de Oro Unit Manager Marie del Castillo and SLF Licensed Financial Advisor Ged Martin del Castillo. (BWM/MDB Photojournal- preparing them to suc- it, http://www.facebook. ist Rolando Sudaria/jdelpf) com/projectknowledge. So come on and make a difference in the lives of these children support Project Knowledge.

No NTC ruling yet on PLDT-Digitel deal HAVE regulators tossed the ball to Malacanang Palace? The question arose on Thursday, after the National Telecommunications Commission did not issue a decision on the share swap deal between Philippine Long Distance Telephone Co. (PLDT) and Digitel, which earlier set a self-imposed deadline to close the transaction by August 26. “It’s not here anymore. The ball is in the hands of a more powerful agency than the NTC [National Telecommunications Commission]. Malacanang has spoken,” said an official familiar with the deal In the Palace, officials signalled that the President had taken an active role in the matter. “We are going to study the planned merger based on public interest, not based on the interest of any group,” presidential spokesman Edwin Lacierda said earlier on Thursday. Lacierda said the August 26 transaction closing date set by the two companies has no bearing on the government review of the proposed merger. “We are studying it carefully and judiciously,” he added. The NTC, which conducted a series of hearings and two weeks ago started its final review of what has been described as a “game-changing” transaction, has yet to formally approve the P69.2 billion merger. The deal, PLDT officials had said, will allow the public better access to Digitel’s mobile unit Sun Cellular, which pioneered in so-called “unlimited” offerings that forced its bigger rivals Globe Telecom and PLDT’s Smart to follow suit. Sun Cellular currently has 15 million subscribers and nearly 7,000 cell sites. Digitel’s fixed line operations will also add some 450,000 subscribers to PLDT’s 1.8 million subscribers. NTC commissioner Gamaliel Cordoba said the agency is still working on a comprehensive review of the transaction and this is why no meeting was held among NTC commissioners on Thursday. Earlier, NTC sources said an announcement cannot be made until after the en banc has met. Cordoba simply replied “I don’t know,” when reporters pressed him on whether the NTC will hand down its decision Thursday, and declined to confirm if regulators were awaiting Palace direction. He said the NTC wanted to make sure “that our eventual decision is in conformity with existing laws and would promote the national interest.” After all, he pointed out, the ongoing review still falls within the first month of the 90-day period within which the law requires the NTC to decide on petitions submitted to it for resolution. The memoranda of the parties were filed only in July 27. He noted, and added, “We will inform the public of our decision as soon as we complete the evaluation process.” PLDT chairman Manuel V. Pangilinan was earlier quoted as saying that if regulatory approvals cannot be obtained by August 26, he may seriously consider abandoning the deal. But he stressed it was just his personal view, and that he had not talked to the Gokongweis of Digitel at that time. The NTC hearings had dragged on after PLDT rival Globe Telecom questioned the deal, despite admitting that it also earlier tried to buy Digitel, in negotiations that fell through on pricing issues. The closing date set by PLDT and Digitel was twice reset as a result of the long-drawn process: from June 30 to July 31; and from July 31 to August 26. When asked for comment on the NTC’s non-issuance of a ruling just one day to go before August 26, PLDT regulatory affairs and policy head Ray Espinosa said, “We cope.” InterAksyon.com


BusinessWeek

MINDANAO

Companies

August 29-Sept. 4, 2011

5


Opinion

8 August 29-Sept. 4, 2011

BusinessWeek Your Your local local online online business business paper paper

The The BusinessWeek BusinessWeek Mindanao Mindanao is is published published by by BusinessWeek BusinessWeek Mindanao Mindanao Advertising Advertising and and PromoPromotions tions every every Monday Monday with with offi office ce address address at at Geleng Geleng Building, Building, Lapasan Lapasan Highway, Highway, Cagayan Cagayan de de Oro Oro City. City. ItIt is is registered registered with with the the Department Department of of Trade Trade and and Industry Industry (DTI), (DTI), Region Region 10 10 with with Certifi Certificate cate No. No. 00875701, 00875701, and and with with Business Business Permit Permit No. No. 201020105698, 5698, TIN TIN No. No. 946-396-807 946-396-807 –– Non Non VAT. VAT. TTEL EL.. N NOS OS.: .: (088)856-3344, (088)856-3344, (08822)72-33-44 (08822)72-33-44 (088) (088) 587-1390, 587-1390, 74-5380, 74-5380, 0923-432-0687 0923-432-0687 Website: Website: www.businessweekmindanao.com www.businessweekmindanao.com E-mail E-mail :: businessweekmindanao@gmail.com businessweekmindanao@gmail.com DANTE DANTE M. M. SUDARIA SUDARIA P PUBLISHER UBLISHER ROSE ROSE MARY MARY D. D. SUDARIA SUDARIA M MANAGER ANAGER NELSON NELSON CONSTANTINO CONSTANTINO DITOR--IN IN-C -CHIEF HIEF ((ON ON--LEAVE LEAVE)) E EDITOR

MELANIE MELANIE REVIRA RIVERA ADVERTISING ADVERTISING

ALLAN MEDIANTE

FELIX FELIX SANTILLAN SANTILLAN LAYOUT LAYOUT ARTIST ARTIST EXECUTIVE EDITOR RUEL PELONE RUEL PELONE TOTO ADE ADE ONLINE EDITOR EDITOR ONLINE PRODUCTION PRODUCTION ROLANDO SUDARIA ROLANDO SUDARIA PHOTO JOURNALISTS MARLON MARLON DOMINGO DOMINGO PHOTO JOURNALISTS C CIRCULATION IRCULATION JOE DEL PUERTO FELICILDA JOE DEL C. PUERTO FELICILDA URIEL QUILINGUING RIZA O. ARES URIEL C. QUILINGUING EDITORIAL CONSULTANTS LIEZL RIZAA.O.DELOSO ARES EDITORIAL CONSULTANTS JOE LIEZLPALABAO A. DELOSO ATTY. MARIO T. JUNI RENEJOE MICHAEL BAÑOS PALABAO ATTY. ATTY. ROBERTO A. CANTAGO MARIO T. JUNI JR. MARKETING CONSULTANTS RENE MICHAEL BAÑOS LEGAL COUNSELS ATTY. ROBERTO A. CANTAGO JR. MARKETING CONSULTANTS LEGAL COUNSELS

BUREAUS/AGENTS

BUREAUS/AGENTS CEBU CITY RAUL CARDONA 0927 2251300 CEBU CITY CARDONA DAVAO CITY RAUL JESSIE PALABAO0927 09102251300 6681733 DAVAO CITY PALABAO 0910 BUTUAN CITY JESSIE OBET SAMONTE 0905 6681733 7495220 BUTUAN CITY MARY - ARJAYANN FELICILDA BUKIDNON NOBLE- 0949-328-4099 0916 7276618 BUTUAN CITYCITY OBET 0905 7495220 VALENCIA EDSAMONTE BAUL 0920 9019294 BUKIDNON ANN CANTAGO NOBLE 0916 OZAMIZ CITY ATTY.MARY ROBERTO JR. 7276618 0918 8070707 KIBAWE, BUK. - MILDRED TORREJAS - 0917-408-6905 MIS. OCC. MARISA M. MANLAPIG 0928 9538828 VALENCIA CITYWILLY ED BAUL 0920 9019294 GINGOOG CITY RAMOS 0926 1691016 OZAMIZ CITYMIS. ATTY. ROBERTO CANTAGO JR. 7389130 0918 8070707 WEST OR. JUN FELICILDA 0906 MIS. OCC. M. MANLAPIG 0928 9538828 EAST MIS.MARISA OR. JESSIE DAHAY 0935 9058038 GINGOOG CITYJERUSALEM WILLY RAMOS 0926 1691016 LUCRESIA PUERTO,CDO WEST REGION MIS. OR. SONY JUN FELICILDA ARMM SUDARIA 0906 09177389130 3247258 EAST MIS. JESSIE DAHAY ILIGAN CITYOR.LENNETH V. GULA 0935 09189058038 2986719 LUCRESIA JERUSALEM PUERTO,CDO ILIGAN CITY ROLLY TOMAWIS 063 223 8366 ARMM REGION SUDARIA 0916 09171590131 3247258 MARAWI CITY SONY ASA MADALE ILIGAN CITY/LANAO JEFFREY OPONDA - 0935-2796817 LANAO DEL-SUR SAHRIA MARUHOM MARAWI CITYELEANOR ASA MADALE MARANDING TAPITAN0916 09261590131 1888871 ZAMBO CITY CITY CAMCER CAMCER I. I. ORDOÑEZ ORDOÑEZ 0908 0908 7804348 7804348 ZAMBO PAGADIAN CITY CITY AL AL FRANCISCO FRANCISCO 0912 0912 8484037 8484037 PAGADIAN IPIL, ZAMBOANGA ZAMBOANGA SIBUGAY SIBUGAY ALBERTO ALBERTO ALCORIZA ALCORIZA IPIL, CAGAYAN DE DE ORO ORO JOE JOE PALABAO PALABAO 0905 0905 1569709 1569709 CAGAYAN PUERTO, CDO CDO VICTOR VICTOR ALCOVER ALCOVER 0926 0926 9778513 9778513 PUERTO, CLAVERIA DAVID DAVID SUDARIA SUDARIA 0926 0926 1096831 1096831 CLAVERIA AGUSAN SUR - MANUEL EGAY 213 1640/0999 472 9236 MANOLO FORTICH, BUK.0925 ALFONSO LEDESMA Member: Member: Cagayan Cagayan de de Oro Oro Chamber Chamber of of Commerce Commerce and and Industry Industry Foundation, Foundation, Inc. Inc. (Oro (Oro Chamber) Chamber) Misamis Misamis Oriental Oriental -- Cagayan Cagayan de de Oro Oro Association Association of of Publishers Publishers (MOCAP), (MOCAP), Inc. Inc.

BusinessWeek

MINDANAO

Bring out the best THINK a minute. Winston Churchill was 65 years old when he first became England’s Prime Minister. It was May of 1940 and England’s military was not well armed or prepared for war. So when Hitler’s huge, powerful German army was planning to attack the British Isles, most military experts expected Germany to easily defeat England in no time. But these experts could not imagine that in only 7 months, Winston Churchill would change the history of England and the entire Western World. During those 7 months, when the families of Great Britain gathered in their living rooms to listen to

their leader over the radio, their feelings of fear and hopelessness were soon replaced by great confidence, hope, and victory. Why? Churchill knew just how to get the English people to believe in themselves—in their own cause and abilities. And defeating Germany’s powerful army became England’s finest hour! It’s been said: “People who feel good about themselves do their best.” Whether it’s at work on the job, at home with their mate and children, or with friends. So if you want people to change, you’ve got to help them believe in themselves so they will

want to change and do their best. But when we criticize and shame our children, our wife or husband, or people we work with, we only hurt them and tear down their self-confidence. So why should we expect them to do better when we’ve made them believe they can’t! We all do our best when we feel good about ourselves. That’s why a successful businessman says: “Instead of catching people doing something wrong to criticize and punish them, try to catch people doing something right and praise them for it. Then they will want to keep doing that right thing and always do their best.” This is why Jesus Christ commands us to love others as yourself. Make others feel

good about themselves the way you want to feel good about yourself. So won’t you ask Jesus to forgive you for your past and for treating others wrongly? Then ask Him to start changing your heart, so you can not only become your best, but you will also bring out the best in others. Just Think a Minute.

Greener business meetings SINCE former US Vice President Albert Gore hit the limelight for his “the inconvenient truth” revelations, discussions on the principles of sustainable development and the environment tops the agenda of many business meetings. In Congress, laws are passed to slow down pollution and carbon dioxide emissions. A lot of scientific research and staff resources are spend trying to find solutions and put teeth to legislative works relevant to the protection of the environment. Local politicians and officials in the government bureaucracy identify themselves with a green cause and ride the bandwagon of the environmental protection. Even the powerful and rich countries are allocating capital expense to discover renewable energies. Huge budget from the American and European taxpayers money are allocated for space program racing against time to explore the universe. Solar energy is tapped in search of life in the other planets that are seen and maybe detected only by the hobble Telescopes or satellite photos. Beyond what the naked eyes can see with

the volume of scientific data’s that are understood only by scientist and other experts in inter planetary studies. Why the continuing saga of space exploration? Could the biblical prophecy be already unfolding? Whether the world will end in 2012 or at the penultimate of the 21st century, many prophets of dooms are already cashing on the “raptures” due to the degradation of the environment and reduction of the ozone layer telling people to repent for the last judgment. Will planet Earth explode or asteroids collide and rain fire on the sky? Ordinary mortals like us and sinners like me are scared because we are not prepared that we might not go to heaven. But whether we go to hell or sit down at the right hand of the Father, we will do our share of protecting the environment and slow down climate mitigation while we are all still living. We also have a choice either to plant trees or trek to the mountains to catch the illegal loggers? Many companies and

business establishments in the retail trade conducts staff meetings and spend a day without using plastics to introduce the alternative of paper packaging or the use of bio-degradable or recyclable materials. Hotels ask their guests if they can forego daily change of towels and linens that are not soiled or discarded to the floor to conserve water and reduce discharge of chemical detergents to the underground aquifer. Communities submit to car pooling to minimize vehicles running in the streets and reduce burning of fuel. In the agricultural sector, lesser dependence to fertilizers and shifting to organics are gaining grounds. While in the industrial practices, the use of bio-fuel is pursued vigorously and now a reality as the government and power plant investors are shifting to renewable sources of energies to power the industries. Technocrats think we may not be doing enough and may influence our legislators to tinker with our constitutional provisions for amendments to remove the no nuclear zone prohibition and pave the way for nuclear energy.

Nuclear power plant is risky and expensive but according to experts, it has less carbon emission to the environment. Greener business meetings are producing results for the economy. It has already influenced the eco-tourism industries and expected to play a major source of revenues for the use and marketability of domestic environmentally friendly products. It could bring in the environmentalist and the foreign market to explore rural communities. With what the countryside adventures and natural resources attractions can offer, this may be a solution for poverty alleviation by creating more jobs and contribute to the significant growth of tourism.

foreign exchange purchases. I congratulate the new officers of RBAP for the year 2011-2012: President Ian Eric S. Pama; VP for Luzon Antonio O. Pasia; VP for Visayas Enrique P. Abellana; VP for Mindanao Vittorio Z. Almario; Treasurer Reginald L. Ocampo; Assistant Treasurer Vicente R. Mendoza; Corporate Secretary Atty. Edward Leandro Garcia, Jr.; and Assistant Corporate Secretary Wilner A. Palacios. I also congratulate RBAP’s new board of directors: Armando B. Bonifacio, Rene M. Sayo, Orlando F. Cervantes, Aurelio B. Villaflor, Milagros C. Florin, Rosario Ong Velos, Marynoll A. Brasileno, and Remedios Calderon.

I wish RBAP all the best in achieving its vision of setting the standards for innovation and excellence in rural banking that are recognized around the globe. Note: You may email us at totingbunye2000@gmail. com. Past articles may be viewed at http://speakingout. ph/speakingout.php.

Rural banking THE importance of rural banking in the Philippines cannot be overemphasized. Rural banking, after all, seeks to expand the economy in the countryside by providing people living in the rural communities with basic financial services. In our country, the Rural Bankers Association of the Philippines (RBAP) was organized to foster goodwill and mutual understanding among rural bankers— enabling them, in turn, to promote the interests of and offer quality services to the communities wherein they operate. The RBAP was founded in 1955 for the following reasons: to promote the gen-

eral welfare and safeguard the common interests of rural bankers; to work for the proper and effective implementation of the laws and regulations on rural banks; to study and devise ways of making rural bank facilities more responsive to the needs of the people in rural areas; to act as a medium in the dissemination and operation of rural banks; and to initiate and develop a program of activities to stir up rural bank consciousness. According to BSP Governor Amando M. Tetangco, Jr., the RBAP and the Bangko Sentral ng Pilipinas have a long history of cooperation in advancing the rural banking sector.

Tetangco emphasized that the rural banking industry plays a special role in accelerating economic growth while maintaining price and financial stability. This role is highlighted in rural bankers’ deep involvement in the BSP’s financial inclusion efforts, which seek to expand access to financial services through multiple, innovative, and safe channels for more Filipinos—especially our previously “unbanked” countrymen. The BSP has expanded the reach of microfinance services that can be offered to the rural banks’ target market, in recognition of the varying needs of their clientbase in the countryside.

Aside from microenterprise loans, the BSP now recognizes micro-housing loans (Circular 678), microagri loans (Circular 680), micro-insurance (Circular 683), and micro-deposits (Circular 694). The BSP also issued Circular 694 in October 2010, which allows any qualified bank to set up physical offices in areas where it may not be economically feasible to put up a full-blown branch. Such scaled-down offices will enable the unbanked and underserved to access financial services such as loans, savings, remittances, electronic money conversion, bills payment, pay out services, and limited


BusinessWeek MINDANAO

Views.Opinion

August 29-Sept. 4, 2011

9

Chasing after the wind My impression during my stay in Cagayan de Oro By REY and FRANCIS THAISE CIMENE

THE past few days had been very busy for both of us like managing the office, attending conferences, going to the doctor twice, and attending children’s school functions. Such were the predicaments that at the end of the week, we’ve come to ask the basic question: Do all these really matter? When you are hit with this kind of question, you know it is time to pause and reflect before the activities in life become a chasing after the wind. We are pretty sure many people come to ask the same question. For some they really take time to reflect and find answers to this question while for others, like the escapists, they just shrugged it off and say “I’m too busy to be bothered about such things!” They put more activities into their life so that they can escape this haunting reality of a life that is just a chasing after the wind. An excerpt from a poem written by anonymous author goes this way: • What will matter is not what you bought, but what you built: not what you got, but what you gave. • What will matter is not your success, but your significance. • What will matter is not what you learned, but what you taught. • What will matter is every act of integrity, compassion, courage or sacrifice that enriched, empowered or encouraged others to emulate your example. • What will matter is not your competence, but your character. • What will matter is not your memories, but the memories that live in those who loved you. • What will matter is how long you will be remembered, by whom and for what. Living a life that matters doesn’t happen by accident. It’s not a matter of circumstance but of choice. Choose to live a life that matters. Indeed, choosing a life that matters will simplify the way we invest our life. Yes, life is too precious to spend it for something that will not last. Wisdom says we need to invest it for eternity and that is by living our purpose. Let’s read Life’s Manual—the Bible and get to know the life that really matters. ---------------------We commend the Capitol University Alumni Association, Inc., under the dynamic leadership of Mr. Clifford Jose G. Roa, the CUAA, Inc. President, and the Red Cross for the success of the Free Medical and Dental services given to the residents of Barangay Puntod last August 21, 2011. As a member of the Capitol University Family, there is no greater joy than to see the Institution’s Mission and Vision fulfilled in the life of its graduates. That’s choosing to live a life that matters!

IT was really impressive when I was in Cagayan de Oro City in Mindanao during a week, from 16-21 August 2011. It was my second chance to stay in the Philippines. I was one of the speakers of the international conference organized by Liceo de Cagayan University with the Philippines Association of Institutional Research (PAIR) organization. All participants both from throughout Philippines and other countries were so enthusiastically enjoying the discussion during the conference. Not only some topics presented by the participants in that conference that made us delighted, but also the awards awarded to the awardees. There were some kinds of awards given to the participants. For example, the diamond award, gold award, silver award, and many others. What made me surprised was one of the kinds of awards was the award of the best dressed by the participants during the oral presentation. This award, to me, is very unique and attractive, because frankly speaking, I

DR. DJUWARI STIE Perbanas (College of Economics and Business) Surabaya, Indonesia

have been involved in some international conferences for years but the award of having the best dressed is really new one. That was about the conference. Again, the other thing that made me impressed was the people in Philippines. They, physically, look the same as the Indonesian people. This made me feel at home in Philippines. However, sometimes I found a unique problem. Every time I went out, especially for shopping in SM Plaza, the people around there tended to speak in Filipino. For example, when I was paying the goods I bought in front

of the cashier, the cashier lady spoke to me so quickly in Filipino explaining that I could get the discount price. Since she spoke so quickly in Filipino (because she thought I am Filipino) I got confused and then I told her, I am from Indonesia. Fortunately, it was not so difficult to find people in that crowd to speak English. The cashier then directly explained to me in English, telling that I could get the discount price. In fact, it was coincided by the three-daydiscount price promoted by SM Plaza. Therefore, during that day, the plaza was so crowded; even we had to queue in almost two hours. Many people went to plaza for shopping. This means also that Filipinos are like Indonesia. They like spending money for consumers’ goods. The last impression was about the Pryce Plaza hotel with its staff. In this case, there was something that happened to a friend of mine from Philippines, Prof. Dr. Angelica M. Baylon. After dinner with me, she went directly to her room, while I went out to SM plaza again

with my friends to buy some souvenirs. When I went back to the hotel, I had a chat with Dr. Angelica in the lobby. I asked her what happened to her, because she looked confused. At that time, she lost her cellular phone. I tried to help her to search in the tables around the dinner hall which was already dark because of late at night. After about two hours, we could not find the cellular phone. I decided to let Prof. Dr. Angelica Baylon take a rest for a moment and think of some idea about searching the other places somewhere in that Pryce Plaza hotel. Just a few minutes after this moment, there was a staff from the restaurant of the plaza coming to approach us. He told that the cellular phone was left on the dinner table and he kept it for safety. He gave it to Prof. Dr. Angelica M. Baylon. It was really impressive! See you again next time the Philippines! Dr. Djuwari is one of the speakers in PAIR international conference held by de Cagayan University at Pryce plaza hotel, de Oro city, Mindanao, 16-20 August 2011.

Filipinos are ready to help EXTREME hardship will never thrive in places where there are Filipinos. The reason is they help one another in time of difficulties and no one ever wallowed so hard because of hunger. Helping one another is an old. old trademark of our race, a thing that is hardly seen in other nationalities. We are known by that emblem of kindness and affection towards our fellowmen. And we extend our beautiful attitude not only to our brothers but even to strangers who are in dire need of assistance. In the U.S.A. whe otre recession is directly affecting everyone, Filipinos come to the

aid of our fellowmen who are terminated from work. Help in whatever form come flying to ends So many of our brothers who lost their jobs, lost their cars, lost their homes – - found joy and pleasure in the hands of friends and relatives who came to their rescue. Others help find jobs for our fellowmen who need it badly and even offered to do things for their families. Help come in various kinds like foodstuffs, cash, car service and others. And these kind of help run through until the man in the house gets employed agin. And this nice gesture which is famous in our race are not

habitually taking place only in the U.S.A. but it is also practiced in such far places like European countries where there are a lot of Filipinos as well as in the MiddleEast and Asian countries. It is widely and strongly felt in the home country where Filipinos breath the same air every moment of their lives. No one was ever reported to have died of hunger or related therewith. In time of crisis in the homes, there is always a friend or a relative who would come to the rescue. Every Filipino had been tested and proven to have extended an assistance to someone in crisis. It happened many times in the past when hardship come

to someone and always there is help that come. It is a sort of love and affection that are deep in the blood of every Filipino that drive him or her to come to rescue someone in need. It looks like part of a heritage or culture that has been there ever since.

Managing a business expansion crossroad VERY much like life, business owners find themselves in some form of crossroads. Some situations would need minor decisions but some can be “business threatening.” The digital age was a crossroad for Kodak who became the stellar company on film and print development. Did Kodak survive when it got to the crossroad? Look around you and see the number of Kodak Express you still see offering printing from USB’s, CD’s and simply from out of your cameras and mobile phones. One of the more difficult crossroads a business faces is expansion. One case study in New York Times aptly puts expansion crossroad this way, “Looking to Expand but Fearing It.” Are we really apprehensive about expansion? Which route do we take? Do we establish our own stores and have organic growth? Will dealers/multi-level

marketing do? Can we look at franchising as our route to expansion? As you will see we are staunch advocates of using franchising as a route to expansion. The numbers should convince the business owner to take a hard look and see why franchising can be the expansion route to take at the crossroad. In the Philippines alone, there are over 700 homegrown franchise systems operating. These systems have grown from one or two branches to hundreds and even thousands. Franchising has been referred to worldwide as the “single most successful way to expand”. What are the usual fears of a business owner thinking to grow through franchising? These are some of the many questions I am asked when I sit down with entrepreneurs: Will they take care of my business the way I took care of it? Will the quality of my products remain the same?

How will I handle franchisees? Will they demand from me all ads and promotions like the big franchisors? How will I build my organization to support the franchisees? You think I will not get to court case with my franchisees? Will I really understand what franchising is all about? How do I manage business owners like me? While the questions and fears maybe an unending list, the fact remains, business owners like you have arrived at the crossroad and have decided to take the franchising route. You only have to look around and visit the malls and to see the number of franchised branches operating. Managing the business crossroad can be tough as there will be numerous fears and dissenting opinions on the road to take. But how have entrepreneurs turned franchisors managed the crossroad? They went back to basics,

clarification of their goals both short and long term. Most of our successful clients had single and unwavering commitment to their business concept. Theirs was the courage to push their businesses to levels higher than where they are. The flip side of this commitment is confidence in the potentials of their business. This enables them to take on most of the opportunities that come their way even with unforeseen future. They will take the “leap of faith” for their business. Their commitment to the business extends beyond their own margins and profitability, they desire success and financial returns for franchisees that they will have. It is not strange for some of them to say to us, I am willing to compromise my company’s gross margins just so my franchisees recover their investment shorter so they will happy. Successful franchisors realize that the success of their

brand highly depends on the success of their franchised branches and ultimately their franchisees. Managing business expansion crossroad will also imply that entrepreneurs possess the openness to a completely new set of experiences they will face. They actually look forward to these and they are eager to learn anew. Whether it be talking to franchise applicants or opening stores of franchisees or even having dialogue with problematic franchisees, these franchisors look at them as new expansion experiences that will assist them strengthen their brands. This openness can be challenged more particularly when one has franchisees suggesting new products and services. Will they feel threatened or will they validate their suggestions? Some successful products of Mc Donald’s came from the suggestions of its franchisees. Entrepreneurs have alterna-

tive ways of managing business expansion crossroads and if you are at this point in your business, I suggest you learn from the experience of those that have managed their expansion crossroads. You may take a different route but at least you know what you are giving up. I would like to hear from you. You may e-mail me at philfranchiseguru@gmail.com.


10

August 29-Sept. 4, 2011

Features

BusinessWeek

MINDANAO

The Night Stalker:

Oro Flies in Style with Make Your Own Havaianas 2011 THOSE iconic flip-flops from Rio are at it again! Long equated with fashionable travel, Havaianas took the next logical step for its annual Make Your Own Havaianas (MYOH) by paying homage to the fashion capitals of the world. “Havaianas has the ‘Always Summer’ campaign for 2011. It’s all about celebrating the joy of summer and the fun, carefree vibe that it yields all year round. To strengthen our

brand’s conviction, the 6th annual Make Your Own Havaianas

brings people closer to the countries that celebrate style across the globe,” says Anne Gonzalez, Managing Director of Havaianas Philippines. “Last year we sold about 8,000 pairs and it gets bigger and better every year, so we hope to top that again this year.” This year’s edition of MYOH in Cagayan de Oro was held from August 12 to 14 at the Rotunda, Limketkai Mall with the Havaianatico Faithful coming in flocks as if to an annual pilgrimage. And what a pilgrimage it was through the world’s fashion capitals! From the travel announcements over the PA system to the x-ray scanners, hot red flight attendant uniforms to the “luggage conveyor” where

Northern Mindanao, Caraga and Western Mindanao. “Another newbie in this year’s MYOH are the crystal charms with dangling crystals and top mix straps” she added. My ex-girlfriend Gardy mixed and matched hot pink/ fluorescent green mixed color straps with purple soles and

Havaianaticos got to mix and match their soles and straps, the travel capitals motif was bursting all over the rotunda with the trademark Havaianas ca c’est chic and elan. “This year’s MYOH offered travel-inspired designs on the MYOH Estampas soles (a limited edition sole available in Top and Slim designs made to look like a ‘jetsetter’s passport’ hence Estampa) and iconic pins from fashion capitals around the world (Manila, Roma (Coliseum), New York, Paris, Australia, Sydney, Tokyo, London and Rio,” said Trisha Tamparong, managing director for Spruce Designer Network, the authorized Havaianas sub- distributor for

embellished with yin-yang (she likes Feng Shui!) and I Love PH pins. My fashion consultant (that’s Trisha for you!) helped me put together a “Nude” (!) sole with brown straps and I Love PH pins ensemble that’s simply just Hot! Hot! Hot! Thanks Trish! After a personalized guided tour of the venue, we stopped to have our mugs taken at the MYOH photo wall featuring, you guessed it, travel cards from all over the world’s fashion capitals! We spotted other early bird Havaianaticos who never fail to join this annual pilgrimage busily going through the agonizing ritual of mixing and matching (and ending up with multiple pairs) like Ria Ledesma and Michelle Ang of Limketkai Mall, jet setter’s Jay Roa Pascual who just flew in from Bali, Warren Lam Go, Newly weds Mr & Mrs John Pascual, Michelle Francisco of Luxe 1111 and Route 11 (didn’t’ see the Senator-tobe Elmer though), MagTV Host T.J. Monterde shooting his spiels with Parasat TV Production Manager Gean Tulang-Cesar and Fashion Institute’s Instructor Dirkie Roa Dabbay.

MAIN BRANCH: OSMEÑA ST. CAGAYAN DE ORO CITY HAYES ST. (BACK OF GAISANO OSMEÑA) WE OFFER: • All kinds of motor parts OFFICE HOURS: & accessories 8:00 A.M. - 6:30 P.M. (Monday to Saturday) SUNDAY (Half Day) • Motor repair / allignment FOR MORE INFO • Over hauling Pls. contact: 09163569638 • Installation MR. KEVIN TIU • Lowest price Proprietor


BusinessWeek

August 29-Sept. 4, 2011

MINDANAO

Rates... from page 1

debt and stranded contract costs of Napocor, said the FDC on its news release published on its website. It added: “EPIRA defines stranded debts as any unpaid financial obligation of Napocor that has not been liquidated by the proceeds from the privatization of its assets.” On the one hand, stranded contract costs are those excess contracted cost of electricity under eligible contracts over the actual selling price of the contracted energy output of these contracts in the market. In their petition, said the FDC, the Napocor and PSALM seek the approval of stranded contract costs portion of UC in the amount of P74.298 billion to be imposed at the rate of P0.3666/kWh, and stranded debts portion of UC in the amount of P65.019 billion at the rate of P0.0313/ kWh. The petitioners seek to impose these additional rates to customers of the Luzon, Visayas and Mindanao grids. They await the issuance of provisional authority in order to start charging electricity consumers with these additional rates pending approval of their petition. Job Bordamonte, FDC power campaign coordinator, said that privatization of assets held by governmentowned entities––in this case Napocor––“strands” certain costs. This is because obligations incurred in pre-existing expenses/debts pertaining to acquisition and maintenance of those assets would have been recovered by Napocor through its return-on-ratebase (RORB). “But these could no longer be recovered when the assets were sold to private entities and could no longer be operated by Napocor for electricity-generation,” said Bordamonte. In its intervention, FDC cited a paper by William J. Baumol and J. Gregory Sidak published in the Harvard Journal of Law and Public Policy (Volume 18, Number 3, Summer 1995), explaining that these costs represent expenditures incurred in the past while meeting its obligation to serve all customers within the area in which it holds an exclusive franchise. “However, the entry of competitors who are not burdened by such inherited expenses can prevent the utilities from recovering those costs,” FDC said. The ERC has denied PSALM and Napocor’s first petition on 15 November 2010 due to their failure to substantiate their application for proposed rate increase. The original amount of the said application was P573 billion for stranded debts while stranded contract costs was around P22 billion and P26.865 billion. FDC was one of the many opposed to the said application. H o w e v e r, F D C h a s learned during the budget deliberation last August 9 at the Lower House that PSALM’s most updated debts continue

to surge, amounting now to $17 billion or P729 billion (P42:$1). FDC believes that a series of applications is still being worked out by PSALM and Napocor until the entire amount is paid for by consumers. In addition, FDC said that the petition on stranded debts tends to lump all types of Napocor losses together to be paid for by electricity consumers through the UC. “This opens the door to double recovery for Napocor, such as actual and/or constructive recovery through its regulated rates and recovery through the UC,” FDC said. According to FDC, “most of the amount in the latest applications does not have any relations to our legitimate usage of electricity because these are mainly financial obligations in the form of debts which are being borneout over the past years of government incompetence, mismanagement and wrong policies that continue to aggravate the lingering problems of our national debt as well as our power industry.” FDC said that despite the EPIRA’s formula of selling government assets, imposing various additional charges, and assuming P200 billion of Napocor debt, the debts of Napocor and PSALM continue to balloon while the lives of ordinary consumers have worsened in the last ten years under the EPIRA law. FDC said the present administration must acknowledge that this is no longer a business-as-usual approach in relation to the issue of ever-increasing power rates which are being left alone in the hands of ERC commissioners. Invoking President Benigno S. Aquino III’s slogan of “matuwid na daan,” FDC said that this is a matter of national survival and that the need for a debt audit and cancellation of onerous Napocor loans are urgent.

city from east to west. Emmanuel D. Abejuela, city council committee on infrastructure, said the city government would pay the property owner with the fair market value of his property. He also committed to initiate an ordinance that would compel truck and bus operators to use the coastal superhighway when traveling through the city from points outside it. These proposed highways come on top of other plans to improve roads in the region. Cagayan de Oro is also looking to complete by the end of this month the P363million Puerto-Sayre flyover in Barangay Puerto at the junction of the Iligan-Cagayan-Butuan Road and the Sayre highway of Bukidnon. Oscar Villanueva, President’s Bridge Program officer, said the 195-lineal-meter double-lane permanent flyover is part of the so-called Mega Bridges for Urban and Rural Development Project bankrolled by a loan from the French government. District engineer Cesar L. Hipona, Jr. said the flyover is just one of a package of intercity projects intended to address the increasing traffic volume along the national highway, specifically along the Iligan-Cagayan-Butuan Road. Two other flyovers are now under construction by the city government: the P107.8-million Velez-C.M. Recto flyover and P119.7million Macanhan-Carmen junction flyover. --

Award... from page 1

tional Kabalikat Awards,” said Unabia’s Chief of Staff Bebeng Dumadag during a TV-guesting Saturday morning. Dumadag said Rep. Unabia was overwhelmed over how Rep. Bambi Emano implemented his projects in

Misamis Oriental’s second district. Likewise, Cagayan de Oro Mayor Vicente Emano hailed his son for winning the “2011 TESDA National KABALIKAT Awards.” The Technical Education and Skills Development Authority (Tesda) cited the Office of Congressman Yevgeny Vincente “Bambi” Emano and the province of Bohol during an awarding held at Tesda Central Office in Taguig, Metro Manila earlier. The annual Kabalikat awards are given to outstanding government offices and Tesda-accredited school institutions in recognition of their beneficial contributions to the promotion of technical education and skills training in the country. Rep. Emano’s office was earlier cited as the “regional winner” for Region 10 and “provincial winner” for Misamis Oriental among all local level offices with Tesda programs. Rep. Emano bested other national contenders for the award who were named regional winners from all other regions all over the country such as the provinces of Tarlac, Compostela Valley and Quirino, the cities of Mandaluyong, Sorsogon, and Dipolog, the fourth Congressional District of Batangas and first Congressional District of Oriental Mindoro, among others. Since 2007 when he assumed office as representative of the second district of Misamis Oriental to the House of the Representatives, Rep. Emano has been very persistent in carrying out his agenda on education which includes the provision of scholarship grants for skills training for the poor and deserving student in his district. Dubbed as “ISKOLAR KO NI BAMBI (IKNB),” his education program has so

11

far benefited over 5,000 students, many of them have already graduated and landed jobs even abroad. This IKNB program has developed into a dynamic organization of students coming from the different municipalities and city in the district who gather together yearly for solidarity, which yearly assemblage allows them to avail of the opportunity to be recognized as actively involved members of the society. After receiving the highly regarded award, Rep. Emano reiterated his firmed commitment to continually provide avenues that would help the students achieve their ambitions through the pursuit of education––technical or otherwise. Earlier, no less than Tesda Director General Joel Villanueva assured provincial students in Misamis Oriental that they would no longer need to go to Manila to acquire a world-class training and experience first-class education amenities. He said there will be training centers that are at par with the Manila Tesda training centers soon to rise a P8-million Tesda training center in Libertad, Misamis Oriental which will not only benefit the residents of Libertad but also those in nearby municipalities. “Wit h t he to ols and equipment, amounting to $171, 364.92 or P8,000,000 donated by Tesda, various qualifications will be offered such as Electrical Installation and Maintenance, Construction Painting, Masonry, Heavy Equipment Servicing, Carpentry and Scaffold Erection,” Villanueva said.

book, and a Globe landline. The postpaid line features unlimited calls to Globe and TM phones and free 300 texts to all networks. For entrepreneurs who are heavy on calls, the Account Managers recommend the Nokia 1616 bundled with Negostar SuperDUO for only P499 each month. This allows unlimited calls to all Globe and TM phones nationwide, unlimited calls to any landline or DUO number with the same registered area, unlimited calls to DUO numbers in other DUO areas, and unlimited calls to any Globelines nationwide. On the other hand, the new Negostar Innovation package generates savings of over 79%. This package includes a postpaid plan that has unlimited Globe and TM calls and texts, 120 minutes worth of free local calls, free 300 texts to all networks, BlackBerry Internet Service, 160MB worth of mobile browsing and a new BlackBerry Keplar 9300. It also comes with an unlimited Tattoo plan plus a new netbook. Experience the benefits of having customized solutions to support your business. Consult our Globe Business Account Managers, visit the Globe Stores, call the Globe Business from page 3 Hotline +632 730-1288 or broadband service at log on to www.globe.com. speeds of up to 1Mbps ph/negostar today to find plus their very own net- out more.

Negostar...

Airport... from page 1

1.5 kilometers, coordinator Jaime H. Pacampara said. The road will include a 25ton, 60-lineal-meter bridge, Mr. Pacampara said. This should address traffic congestion prior to the airport’s opening which could be next year, he said. Plans for another road said to be complementary to the airport, meanwhile, has moved forward after the Cagayan de Oro City council agreed to expropriate a private property lying in the highway’s path, Rep. Rufus B. Rodriguez (2nd district, Cagayan de Oro) said. The P1.2-billion Cagayan de Oro Coastal Highway whose first phase runs from the Bitan-ag Creek in San Juan, Lapasan to Barangay Puerto is seen to be a fourlane concrete highway with a four-meter jaywalk. It will ultimately link the Puerto flyover now under construction with the Puntod-Bonbon Third Bridge. Intra-city traffic will have a bypass road through which they can quickly negotiate the

DELICIOUS FRIED CHICKEN V. Neri St., Carmen Cagayan de Oro City LC DELICIOUS DEEP FRIED CHICKEN for the first time entered in the Philippines... Located there in Carmen, Cagayan de Oro City. LC CHICKEN is a Korean styled fried chicken, is made of high quality materials, cleanest and healthy fresh chicken food.

FOR MORE INFO:

CALL & SEE THE MANAGEMENT LOOK FOR MISS LEE, 09278484560


BusinessWeek

12 August 29-Sept. 4, 2011 NIS observes first semester week of prayers By RIZA ARES

THE Nanuri International School (NIS) in Barangay Indahag, Cagayan de Oro City is not only concerned on academic excellence but is also committed to develop every student’s spiritual fulfilment. In line with its spiritual renewal program, the NIS is now observing the first semester week of prayers with the theme “Steps to Christ.” The NIS teachers do not only focus on academic matters; they also teach students the importance of the Gospel of God. Students are also taught on the important role of God in every Christian’s life. Academic excellence is nothing without God’s blessings. With God in everyone’s heart, many will be accomplished. NIS teachers see-to-it that they are able to instill on every student’s mind and heart that every individuals need guidance from Above. They instill to their students that every person needs guidance from Above because if we are separated from God, we cannot experience His love and blessings and our sins disconnect us from Him. Love is what human beings want to give and to receive.

MINDANAO

Nanuri holds Science exhibit I

N an effort to educate the students on the basics of Anatomy and physiology, the Nanuri International School (NIS) recently conducted a Science Exhibit. The exhibit has enabled the students not only to learn the basics of Anatomy and Physiology but as well as provided them the opportunity to interact with Nanuri teachers. The teachers taught the students during the Science exhibit on how to dissect a frog. The students, likewise, learned that a frog can still hang on about 8 hours from the time its internal organs are exposed––or, should its abdomen is opened. From there, the students learned about the different functions of human body anatomy, the heart, the veins, brains, among others––and they even butchers cow to show

them [students] on how it is being done. The students were also taught on the various functions of small and large intestines. Later in the exhibit, NIS administrator Mr. Earnest Kim toured BusinessWeek Mindanao and Mindanao Daily Balita publisher Mr. Dante Sudaria and sales guru Riza Ares to the NIS well-equipped science laboratory. Apart from the wellguided tour, Mr. Kim said that they donated high-tech and latest microscope that can be easily connected to a monitoring screen. He said that the science exhibit was organized purposely for the students.

The Side A of Nanuri Nanuri broadway musical flashback By STAN KIM

THE Week of Prayer dubbed as “Steps to Christ” which NANURI organized recently is such a great spiritual experience for me. I learned a lot from my five-day encounter with the Lord especially the topics which Bro. Earnest Kim tackled such as the God’s Love, Confession and Repentance, Relationship, while Bro. Stan discussed the following topics: Praise and Prayer and Decisions, and You are the Light of the World. The students as well as the faculty and staff sung

and worshipped with all their hearts. It is something that I have never experienced before, and I would highly recommend this environment to any student who would wish to enroll at NANURI. Aside from the wholesome environment, the faculty, and staff, are very respectful, honest, and hold a great sense of integrity and responsibility. I fe el e x t r aord i na r y blessed and honored to be a guest during the spiritual revival at the same time, a part of the success of the Week of Prayer.

By RIZA ARES

THE broadway musical which the Nanuri International School (NIS) organized was a success. Last August 13, Nanuri conducted its broadway musical at the De Lara Park in Cagayan de Oro City. The musical showcased the diverse talents of Nanuri students in the field of dancing, singing, and many others. But the most applauded of all was the traditional Korean fun dance of the Nanuri students. The visibly huge crowd

were also entertained when students from fourth to sixth graders performed their own version of “It’s a Hard Knock Life” and “I won’t grow Up.” As if they don’t want to be outsmarted, the freshmen do the musical performance of “We’re All in this Together” while the second year and third year performed the “Mama Mia,” and “Dancing Queen,” respectively. Funny enough, the crowd laughed out loud when they witnessed the comedy version of “Sister Act” which the seniors performed during the musical.

Nanuri excels in district level ‘2011 CAPES Super Quiz Bee’ By VELBETH BATISTIL RIVEO

THE elementary and high school students, with their coaches in Mathematics of Nanuri International School located at Taguanao, Indahag, Cagayan de Oro City, went to International School in Kauswagan, also in Cagayan de Oro City, to compete with 29 different private schools last August 24, 2011. The 2011 CAPES Super Quiz Bee was participated in by nine different districts in the city. In the Southern District, Nanurians competed with Rosevale students. The CAPES Super Quiz Bee covers the follow-

ing subjects: Mathematics, Science, and HEKASI. Each school had two participants for each subject area. Mary Wi and Helen Lee, senior students of NIS, garnered the first and second places, respectively, in Mathematics while Rosaleo Jude Lopez got the third place in the field of Science. Renchou Wayne E. Del Rosario together with Julianne de la Cruz got first and third, respectively, in HEKASI. Carlos Roy C. Perez and Maejelou Morales got the second place in Math and Science, respectively, while Khem John Marban ranked third.


BusinessWeek

August 29-Sept 4, 2011

MINDANAO

13

Pueblo de Oro integrates Township’s Green e-nitiatives Pueblo... from page 1

a place to spend their leisure time. An increasing number of residents from our various subdivisions have also been doing tree planting activities within their respective villages with the support of our Pueblo de Oro Community Relations unit. These tree planting forays are organized by the homeowners themselves with the support of our Pueblo de Oro Community Relations unit. The trees will help not only in the beautification of the villages but provide much-valued shade, and reduce pollution. We are thankful everyone now recognizes the benefits of trees which not only beautify and add aesthetic value to their properties, but also provide much

welcome shade in our increasingly hot climate, retain water to help recharge our aquifers, and absorb harmful pollutants and carbon dioxide to help contain global warming. Other communitybased initiatives such as garbage segregation, community gardens in the villages’ open spaces and bio-composting are also under discussion with residents through their homeowner’s associations. Meanwhile, through the ORO CHAMBER, of which I was Past President, we have been promoting efficient lighting for the city to prevent climate change and carbon credit awareness under the Kyoto Protocol. The outflow and evapotranspiration pond we built in the valley portion of the Township to contain water runoff from the plateau before dispersing into the creeks

proved crucial in helping protect low lying areas from the ravages of flash floods which have lately become more frequent and powerful as result of climate change. Such rainwater collecting containments are now becoming a staple of an increasing number of towns and villages as a climate-change mitigating measure. We are also continuing our efforts to maintain, restore, and protect the 40-hectare Pueblo Urban Rainforest in coordination with groups such as the DENR and the Rotary Club of Uptown Cagayan de Oro, among others. Forest walking is a popular pastime in Japan, Taiwan and South Korea, and perhaps in the future we could do the same right here in CdeO. In the office, we have made reduce-reuse-andrecycle our mantra, cutting

down on paper waste by using both sides of the paper, and cutting electricity by turning off the lights during breaks and shutting down the air conditioning units before the end of the day. Another key component of this initiative is our electric powered e-shuttles which cut down on noise and air pollution inherent in fossil fueled vehicles, significantly adding value to the entire township with an improved quality of life. Today, with the inauguration of the Showroom, Model Unit and Office of Primavera Residences, we have attained another milestone in our “Green Revolution” with the advent of the first ever ecofriendly building in Northern Mindanao. Primavera is a living showcase of how an eco-friendly lifestyle is made an integral component of the

building’s design, in much the same way our masterplanned township has encouraged eco-friendly living a way of life among our residents and business locators. What is surprising is that many of the energy-saving features used in Primavera, such as cross-ventilation and shading, are not new concepts and have in fact been put to good use in the bahay kubo. In like manner, we at Pueblo aim to put together the traditional components of a community into a leading Township with modern conveniences for today’s families. This lessens our collective carbon footprint since schools, church, store and work places are within easy reach, requiring less fossil fuel to move a resident from one point to the other. Together with SM Cagayan de Oro’s Green Retail

Agenda, we are grateful and encouraged by the manner with which our business locators have complemented our Green Revolution and look forward to the day when there should be no further need for an ecofriendly advocacy and it has become a way of life for our residents and locators, not only because it is a good thing to do, but even more because it is the right thing to do. By seeking balance between the old and the new and by sustaining the environment around us, we hope that our little contributions help keep the Pueblo de Oro Township and Cagayan de Oro greener in the years to come. As God’s stewards of the bounties he has so generously gifted us, we should do no less. Mabuhay!

Primavera Residences banners Pueblo de Oro’s Green Revolution Primavera... from page 1

“These elements combine to complement each other to bring down the temperature in the building that it remains cooler even in hot summer months to lessen the need for air conditioning,” Mr. Nati noted. The model unit is a one bedroom type, upgraded with around 32 square meters, with with a smart and livable layout, minimalist furniture, Italian taste and increased natural light. It’s amazing how the architects have been able to design a cozy and livable space and still maintained an affordable price. “ Optimization of space, elegant and minimalist furniture, maintenance of privacy of every single space ( the bed room and living room

are virtually separated by a small corridor and the bathroom), and increasing natural light are the keys to our successful and unique design “ Nati said. In addition to Primavera’s passive design elements, Mr. Nati said they would also be tapping solar energy on its rooftop with the use of photovoltaic cells that would produce around 150 kilowatts peak renewable energy from its two towers. Once the “Net Metering Law” is enforced in Mindanao, the photovoltaic cells will feed electricity to the local distribution utility grid, Mr. Nati said. At the end of each billing period, this electricity produced will be deducted from the condominium’s electric bill, further reducing the individual electric bill of each resident. Meantime, the energy produced

First Eco-Friendly Building The country’s premier green residential and commercial building which uses natural and eco-sustainable materials based on the principles of sustainable architecture.

Solar panels on the rooftop for renewable energy production + Green inner courtyard to increase natural ventilation + Units cross ventilations for indoor heat reduction + Shelter for heat shadow reduction = 20% reduction of energy consumption

from the solar cells would be used to directly power the common and shared areas of Primavera. Mr. Meñes is happy to note how Primavera Residences has significantly increased the public’s awareness of the importance of eco-friendly programs and

Rendering is for illustrative purposes only.

practices which auger well for the township’s longterm sustainability. “It pleases us to no end that our eco-friendly initiatives in Pueblo de Oro are now being bannered by two high profile projects such as Primavera Residences PRIMAVERA RESIDENCES KEEPS COOL EVEN DURING HOT SUMMER MONTHS. and SM Cagayan de Oro,” This artist’s rendition of the Primavera Residences now under construction at the Pueblo de Oro township illustrate how the green inner courtyards, together with big holes opened through the building he noted. masses and facades (gaps between some units) increases natural ventilation. Cross ventilation in every Some two weeks unit also increases air velocity to further reduce inner temperature. Shaded surfaces (with extensive ago, SM Cagayan de Oro roof tops and shelters) extensively reduce direct sunlight so that even during the hottest hours of the day, the sun never hits directly glazed surfaces so internal temperatures are further reduced. In tandem launched its Green Retail with solar panels in the rooftop, all these combine to ensure a 20% reduction in energy consumption Agenda, a package of procompared to conventional buildings. Practically speaking, this means that Primavera residents will have cooler homes even during hot summer months and lower electricity bills due to reduced demand grams geared at inculcating for air conditioning. eco-friendly sustainable

practices among its tenants and customers such as its Trash to Cash recycling market, SM Supermalls Green Bag featuring prints by artist Manuel Baldemor, SM Green Film Festival, hosting the annual celebration of Earth Hour and the shift to water-free urinals in men’s comfort room. “Primavera Residences is a welcome addition to other green initiatives of the Pueblo de Oro Township, including the 40-hectare Pueblo Urban Rainforest,

electric jeepneys that are now serving Township residents, and rainwater harvesting and recycling ponds at Pueblo de Oro golf course making Pueblo the benchmark for ecofriendly developments in Cagayan de Oro,” Mr. Meñes added. For further inquiries regarding Primavera Residences, please call +63 88 310 8173; +63 918 350 1078 or email g.magadan@italpinas.com; website: www. primaveraresidences.com


14 August 29-Sept 4, 2011

BusinessWeek

MINDANAO


BusinessWeek Banking YOUR LOCAL ONLINE BUSINESS PAPER

BSP hopeful that consumer demand can accelerate RP’s economic growth RISING consumer demand could boost and accelerate economic growth of the country during the second half of this year. This was expressed by the Bangko Sentral ng Pilipinas asst governor Ma Cyd TuanoAmador early this week. Amador said businesses are encouraged to expand their production the growing demand of consumers is accelerating. This in turn would propel the economy in a pace faster than before. A target growth of 5 to 6 percent this year could be realized, BSP said. Official data showed that RP’s GDP ( gross domestic product) grew by 4.9 percent

during the first quarter. “There is a good chance that the economy will grow faster in the second half considering the optimism of the business sector, “said Amador. There is a higher level of optimism among enterprises for the fourth quarter with the index standing at +53.9 percent. Recent BSP reports showed that the confidence index (CI) for businesses in the country improved to +34.1 percent in the third quarter from +31.8 percent in the second quarter. Amador expressed beBSP/PAGE 14

Share prices slip despite gains on Wall Street PRICES of local shares kept on decreasing for the second day despite overnight gains on Wall Street. Analysts said slip was a continuation of the correction on Wednesday as investors pocketed gains from the run-up in the previous days. Philippine Stock Exchange index (PSEi) slipped 0.54 percent, or 23.76 points, to close at 4,342.69, while the broader

all-share index rose 0.02 percent, or 0.60 point, to 3,014.62. The sub-indices closed mixed. Ending in the green were services, up 0.48 percent, followed by property fi rms that added 0.44 percent. Likewise, industrials also climbed 0.42 percent. Meanwhile, decliners were led by t he mining and oil sector, plunging

5.36 percent for the day, after goldprices fell. Holding fi rms and fi nancials also lost 0.39 percent. Mining company Lepanto Consolidated led the sell-off, losing 0.18 percent. He av i l y t r a d e d B e l le Corp., Cebu Air Inc., San Miguel Corp., Semirara Mining Corp. and SM Development Corp. will be included in the main index starting next month. These companies

will replace ABS-CBN Corp., Filinvest Land Inc., First Philippine Holdings Corp., Lepanto Consolidated Mining Co. and Security Bank Corp. “The market remains frail while the mood is reduction of exposure in the equity market. In our view, the market is still in a correction,” a local trader commented.— paolo g. montecillo

August 29 - Sept. 4, 2011

NPL ratio of rural banks increases at 9.96 percent AS of end-September 2010, the non-performing loans (NPL) ratio of the rural banking industry rose by 0.54 percentage point to 9.96 percent from last quarter’s 9.42 percent. Nonetheless, this was better by 0.62 percentage point from 10.58 percent a year ago. The rise in the NPL ratio was brought about by the growth in NPLs by 4.91 percent to P9.96 billion from P9.49 billion last quarter and the 0.79 percent drop in total loan portfolio (TLP) to P99.98 billion from P100.78 billion. Based on the three major geographical regions, rural banks in the Mindanao area exhibited better loan quality at 5.60 percent compared with rural banks in Luzon and Visayas which registered NPL ratios of 11.08 percent and 12.48 percent, respectively. The ratio of restructured loans (RLs), gross to TLP, gross declined to 1.26 percent from 1.61 percent last quarter as the 22.56 percent decrease in RLs to P1.27 billion outpaced the cut in TLP. However, this quarter’s ratio was still higher than year

ago’s 0.76 percent ratio. Real and other properties acquired (ROPA), gross slightly rose by 0.47 percent to P7.98 billion from previous quarter’s P7.94 billion. Consequently, the ratio of ROPA, gross to gross assets went up to 4.82 percent from 4.78 percent. With higher level of delinquent loans and ROPA, the non-performing assets (NPA) increased accordingly by 2.89 percent to P17.94 billion. Accompanied by lower gross assets, the NPA ratio of the industry moved up to 10.89 percent from 10.54 percent last quarter. Nonetheless, this quarter’s ratio was better than year ago’s 11.62 percent ratio. The NPL coverage ratio narrowed to 47.80 percent from 48.50 percent last quarter as the 3.40 percent build up in loan loss reserves to P4.76 billion was outmatched by the rise in NPLs. On the other hand, NPA coverage ratio widened to 29.96 percent from 29.75 percent last quarter. This developed as NPA reserves grew by 3.63 percent to P5.37 billion. Likewise, this quarter’s NPA coverage ratio was better than year ago’s 24.56 percent ratio.


14

August 29-Sept. 4, 2011

Bill.board

BusinessWeek

MINDANAO

N e w N o k i a 500 offers high quality, performance Nokia introduces no-compromise handset into entrylevel smartphone market Nokia has announced that its entry-level touchscreen smartphone, Nokia 500, will soon be available in the Philippines. A smartphone that refuses to compromise on quality or performance, Nokia 500 incorporates Nokia’s fastest processor to date, a 5 megapixel camera, a great music and entertainment experience and preloaded Ovi Maps and turn-byturn navigation, extend-

ing Nokia’s portfolio into the entry-level smartphone market without sacrificing quality. “Until now, affordable smartphones too of ten meant low-quality hardware and a substandard user experience,” said Mike Smit h, Dev ice Por t fol io Ma nager, Nok ia Philippines. “This is a reflection of Nokia’s continued commitment to innovate and an example of how Symbian can continue to help us ad-

dress k e y mark e t opportunities over the coming years.”

As the newest addition to Nokia’s range of Symbian-based mobile phones, the Nokia 500 is built on the latest Symbian Anna user experience with enhanced soft ware features, a faster Web browser, and new Ovi Maps. Get to the content that matters quickly Keeping in touch with friends and family is lightning-quick with the Nokia 500. Facebook and Twitter, and live chats are updated directly on the homescreen. With its 1GHz processor,

the Nokia 500 is one of the fastest yet most affordable smartphones in the market today, allowing people to have lots of apps open at the same time, switch between apps quickly and easily, and run the most demanding apps without slowing down the phone. It includes Nokia’s latest Web browsing technology, which when paired with the powerful processor, delivers a more satisfying Internet experience. The Nokia 500 comes pre-loaded with some of the

best music and entertainment apps such as Shazam Encore, Gig Finder, Lonely Planet, and Michelin guides. Th is entry-level smartphone also boasts access to Nokia’s latest maps technology, optimized for social networking so users can check-in to locations around the world. Offline voice-guided walking and driving directions in over 80 countries help to avoid heft y data roaming charges. The phone will come with two different interchangeable back covers.

Filipino’s Romance with the sea By JEFFERSON BEJARASCO

DO you know that sugar is prime product of the islands of Panay and Negros? The vast sugarcane plantations of the islands’provinces produce tons of sugar that goes to the tables of the country’s consumers every year. It is a known fact that the lowly “bangka” (wooden boat) was the first basic means of sea transport of Filipino traders and sea travellers during the early days. During the 18th century, travel by “Batel” ( A Korean volunteer engaged in honeybee keeping shows to Bukidnon Governor Alex Calingasan (in green shirt) and Provincial Agriculture Offi cer Alson Quimba ways in obtaining honey from honeybees cultured in the 40-hectare former Bukidnon Economic and Industrial Zone located in Dicklum, Manolo Fortich, Bukidnon. The defunct industrial zone was converted into an agricultural propagation site where agricultural crops and livestocks are grown to provide high-quality seeds and animals for dispersal to Bukidnon’s indigent constituents. The said project is part of Governor Calingasan’s flagship program, Assistance to Low Income Communities and Settlers (ALICS). PHOTO SUPPLIED

BSP...

from page 13

lief that if the indices in the third and fourth quarters will rise, the country could expect growth in the second half. “There is a strong positive correlation between the confidence index and GDP growth, she explained. This means that an improvement

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 19 Cagayan de Oro City

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region Branch 07 Tubod, Lanao del Norte

OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA- JUDICIAL SALE FILE NO. 2010-333

NOTICE OF SALE ON EXECUTION OF REAL PROPERTY

Upon extra- judicial petition for sale under Act No. 3135 , as amended by Act. No. 4118, filed by BALIKATAN HOUSING FINANCE, INC. mortgagee/ assigne, with business address located at 24th florr, BPI Buendia Center, Sen. Gil Puyat Avenue, Makati City, against SPS. HENRY C. ENERIO AND EMELITA, with proposal address at Lot 4, Blk. 7, GOLD CITY VILAAGE BRGY. BALULANG CAGAYAN DE ORO CITY MISAMIS ORIENTAL, the mortgagor/s, to satisfy the mortgage indebtedness which as of March 30, 2010, amounts to PESOS: Two Hundred Eighty Four Thousand Five Hundred Pesos ( Php 284,500.00 ) including interest, penalties and charges, court fees, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on SEPTEMBER 19, 2011 at 10:00 a.m or soon thereafter at __________, Regional Trial Court, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency, the following real property/ies with all the improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T- 56718 A parcel of land (Lot 4, Block 7, Pes-10-000-664 being a portion of Lot 3046-B-1-A-1B-1-A-2, 3046-B-1-A-3, 3046-B-1-A-4, 3046-B-1-A-5, Psd-10-004213 ) situated in the Barrio of Balulang , City of Cagayan de Oro, Island of Mindanao. Bounded on the NW., along line 3-4 by Road Lot 4; on the SW., along line 4-1 by Lot 66 on the W., along line 1-2 by Lot 5, on the NE., along line 2-3 by Lot 2, all of Block 7, of the consolidation subdivision plan Pcs-10-000664. Xxx containing an area of ONE HUNDRED SIXTY SEVEN (167) SQUARE METERS, more or less. xxx’ All sealed bids must be submitted to the undersigned on the above-stated date, time, and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. Cagayan de Oro City, August 01, 2011.

WHEREAS, by virtue of a Writ of Execution issued by the Court of the RTC Branch 07, of Tubod, Lanao del Norte, on June 20, 2011 in Civil Case No. 07-500 wherein Spouses Constancio and Alejandra G. Sugabo is/are the plaintiff/s and Candida Subrabas, the children/heirs of LUCIANO SUBRABAS (deceased) namely: FEDDIE SUBRABAS, MILA SUBRABAS-ALAJAS and MELANIE SUBRABAS-CAGAIS AND RUTHSEL PACULANANG is/are the defendant/s for the recovery of the sum of not less than P 1, 306, 709.20 all in all, with interest, and cost etc., levy was made on July 08, 2011, by Sheriff Conrado V. Hingco, Jr. upon the real property/ies of Candida Subrabas, the children/heirs of LUCIANO SUBRABAS (deceased) namely: FEDDIE SUBRABAS, MILA SUBRABAS-ALAJAS AND MELANIE SUBRABAS-CAGAIS which is/are more particularly described as follows; 1. Original Certificate of Title No. P-2776 A parcel of Land Lot No. 1556, situated at Olango Magsaysay, Lanao del Norte with an area of 51,918 square meters. Bounded on the N., point 2-3 by Road; on the E., point 3-4 by Lot 1557; on the S., point 4-1 by Lot 1551; and on the W., point 1-2 by Lot 1555; all of the subdivision plan. Together with all the improvements found thereon. Registered in the name of LUCIANO SUBRABAS and CANDIDA SALVACION SUBRABAS. 2. Original Certificate of Title No. CLOA 957 A parcel of Land Lot No. 1567, situated at Olango Magsaysay, Lanao del Norte with an area of 51,863 square meters. Bounded on the E., points 1-2 by Lot No. 1564; on the S., points 2-3 by Road; on the W., points 3-4 by Lot No. 1568; and on the N., points 4-1 by Lot 1566. All of the subdivision plan. Together with all the improvements found thereon. Registered in the name of FREDDIE SUBRABAS. 3. Original Certificate of Title No. CLOA 2,045 A parcel of Land Lot No. 1564, situated at Olango Magsaysay, Lanao del Norte with an area of 54, 332.04 square meters. Bounded on the NE., points 1-2 by Lot 1565; on the SE., points 2-3 by Lot 1563; on the NW., points 3-4 by Road; and on the NW., points 4-1 by Lot 1567. All of the subdivision plan. Together with all the improvements found thereon. Registered in the name of MILA S. SUBRABAS, ET. AL. NOW THEREFORE, by virtue of the Writ of Execution and in accordance with rule 39, Section 19, of the Rules of Court, the undersigned Sheriff will sell at public auction to the highest bidder, for CASH and in Philippine Currency, on October 5, 2011 at 10:00 morning or soon thereafter; at RTC Branch 07, of Tubod, Lanao del Norte, the above- described properties in order to satisfy said Writ Execution, together with interests, costs, sheriff’s fees and the expenses in connection to the Execution of the said decision. Dated this 18th day of August 2011 at Tubod, Lanao del Norte Philippines.

(Sgd.) JAN B. ACERO Sheriff IV BWM Aug. 15, 22 & 29

(Sgd.) CONRADO V. HINGCO JR. Sheriff BWM Aug. 22, 29 & Sept. 5, 2011

big wooden boat) was then popular. It is in this big boat that the nearby Negrenses have their plantation workers ride in going to Panay Island. They also transport their sugar to the nearby islands using the “Batel.” The sugar industry of Negros and Panay has already gone a long way. Today, tons of sugar cargo are not in wooden boats anymore. They are transported in big and modern ships like the giant vessels of Negros Navigation and Superferry-ATS.

At pr e s e nt , a b ou t 240,000 metric tons of sugar are plied to various destinations by the vessels of Negros Navigation and SuperFerry every year. This amount of sugar is used in the production and manufacture of food products which are favourite among Filipinos like the sweets, candies, leche flan, halo-halo, ice cream, bread, biscuits and many more. Tru ly, t he Fi lipino’s romance with the sea has already deepened, and at the core of this are the sea vessels.

in business sentiment will lead to faster expansion of the economy,” she added. R isi ng consu mer demand, according to BSP, is attributable to the rising growth of remittances from Filipino workers abroad. On the other hand, investment demand is also growing due to the rising purchases of consumers. Wit h t his development, companies are encouraged to produce more to meet the demand. Amador says that the underlying forces for domestic demand would be the main driver for growth. T h i s dome s t ic dem a nd should enable us to ride through very rough waters amid uncertainties in the

global economy . With its credit rating downgraded by Standard & Poor’s due to its burgeoning debt, the United States continues to suffer from slow growth. European countries are also faced with more serious debt woes triggering bailout-packages from the European Union and the Internat iona l Moneta r y Fund. The Bangko Sentral believes that the Philippines will continue to enjoy strong domestic demand even with the present economic debacles hurting Western economies t hat a lso dragged down demands for export goods from emerging Asian markets.

LOT FOR SALE

HOUSE FOR RENT

300 sq. mtrs. (Clean Title)

Located at Lourdes Ville NHA Lower Balulang, CDO 100 mtrs left side of Lourdes Grotto , Macale Cmpd. along the Road beside the water pump station, Contact:09279518081

09497095292

TILED FLOORS, ROOMS & CR

w/ 3 rooms, w/ parking space high fence and gate. All windows w/ concrete grills entire lot 1.5 ft. elevated frm road. Lot Area: 150 sq.m., floor: 75 sq.m. Location: B1 L3, Scions Subd., Kauswagan, CDO Contact: 09279518081 (ALEX)

LOT FOR SALE BEACH HOUSE Baloy, Cagayan de Oro City By appointment only Tel. #: (088) 855 3898


BusinessWeek MINDANAO

Aggie News

Aggie dept lowers farmers’ equity to avail of farm machines, equipment TO enable more farmers’ cooperatives and irrigators’ associations (IAs) avail of farm machines and equipment, the Department of Agriculture recently approved a more affordable scheme by reducing their counterpart or equity to only 15 percent (%), from the previous 30%. Agriculture Secretary Proceso J. Alcala said with the scheme the Aquino government is making modern farm equipment within easy reach of farmers nationwide. He said the DA will shoulder 85% of the cost under its farm mechanization and postharvest program. This year, the DA has earmarked P1.8 billion for the purpose under its national rice program, and proposes to increase it further to P3 billion next year. Secretary Alcala made the announcement during an agricultural farm machinery and equipment roadshow, dubbed as “AgriMach 2011” in Muñoz, Nueva Ecija, Au-

gust 23, 2011. More than 1,100 farmers, local officials, and farm machinery manufacturers, distributors and dealers attended the two-day roadshow and exhibit. The DA through its regional field units (RFUs) will screen IAs and farmers’ cooperatives who wish to avail of agricultural machinery and equipment. Deserving recipients will be chosen based on a set of criteria. Qualified farmers’ groups can choose from a range of agricultural machinery and equipment that include fourwheel tractors, rice combine harvesters, hand tractors, drum seeders, threshers, reapers, rice seed cleaners, flatbed dryers, solar dryers, and moisture meters. Secretary Alcala said the Aquino government is serious in its efforts to implement a farm mechanization and postharvest initiative, as it will also contribute to attaining self-sufficiency in rice and major staples.

With the lowering of the farmers’ equity to 15%, Secretary Alcala hopes to encourage farm machinery manufacturers and distributors to follow suit by offering easy availment terms and financing schemes to farmers’ groups and IAs. He said the DA farm mechanization and postharvest program aims to address the declining and ageing farm labor force, and to encourage more Filipino youths to pursue agriculture. Agriculture Secretary Proceso J. Alcala said the DA will make AgriMach an annual affair to encourage farmers mechanize their operations — from land preparation, production, harvesting, processing to marketing — to increase their productivity and incomes. Pursuing agricultural mechanization will also address the declining and ageing labor force in the agriculture and fishery sector. Another related strategy the

DA is pursuing is encouraging more Filipino youth to pursue agriculture, fishery and other related courses by granting them scholarships. The farm machiner y roadshow—with the theme “Aangat ang ani at kita sa paggamit ng tamang makinarya”—will also be held in Iloilo for the Visayas cluster, on September 22-23, and in General Santos City for the Mindanao leg, on September 28-29, 2011. It is jointly spearheaded by the DA-Philippine Center for Postharvest Development and Mechanization (PhilMech), DA rice, corn, and high value crops program directorates, and the host DA RFUs in partnership with the Agricultural Machinery Manufacturers and Distributors Association Inc. (AMMDA) together with independent farm machinery and equipment manufacturers and dealers. # # # (adam borja/da information service)

Giardini...

Mindanao,”Acenas pointed out. During the grand opening, Giardini del Sole gave freebies to the first 30 customers. They also offered free delivery of items to areas within Cagayan de Oro; 0% installment on major credit cards, and LIFE TIME WARRANTY for any furniture bought at Giardini. The Giardini Gold Showroom

offers an array of export quality furniture: side chairs, arm chairs, dining tables, buffets, showcases, lounge chairs, 3-seater sofas, center tables, accessories, office chairs, desks, vanity dressers, armoires, beds, night stands, dressers, mirrors, console tables and their Italian collections (Bassano). The company is inviting all

Mindanaons, royal families and businessmen of the Region to COME AND VISIT THEIR SHOWROOM at Kauswagan Highway, Cagayan de Oro City (SM Savemore-Kauswagan) Tel No. (088) 880-1970 or email them at giardinigoldfurniture. cdo@gmail.com or visit their website at www.giardinidelsolefurniture.com

from page 23 a lot to generate more employment for the city, and in attracting more investors. “Giardini del Sole’s opening in Cagayan de Oro City is a perfect timing since the city is now the business hub and center of economic growth in Northern

August 29-Sept. 4, 2011

15

NOTICE NOTICE is hereby given that the intestate estate of the late BELINO A. CABACUNGAN who passed away on February 8, 2000, left parcels of land 1.) Lot 2914 – C of Subdivision plan, (LRC) Psd 106673, being a portion of lot 2914, Cagayan Cadastre LRC Cad. Rec. No. 1561); situated at in the Dist. Of Macasandig, City of Cagayan de Oro; containing an area of 9,310. 2.) A parcel of land (Portion of Lot # 11988- C-15 and Lot No. 11987-C-15) situated at Lumbo, Alubijid, Misamis Oriental, containing an area of 8,382. 3.) A parcel of land (portion only of Lot 12000, Cad- 237 of Cagayan Cadastre) situated at Lumbo, Alubijid Misamis Oriental, containing an area of 7,244, are under EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON in favor to SUSAN D. CABACUNGANAMIGO, of legal age, married and a resident of Cabacungan Compound, Maris De Lara St., Macasandig, Cagayan de Oro City and ANNALIE D. CABACUNGAN, of legal age, single and a resident of Cabacungan Compound, Maris De Lara St., Macasandig, Cagayan de Oro City, are the Legitimate children and heirs of BELINO A. CABACUNGAN, under Notary of Atty. Sol Felito G. Duarte as per Doc. No. 325, Page No. 65, Book No. 31, Series of 2011. BWM AUG. 22, 29 & SEPT. 5, 2011

PANEDOTTE PASTRIES

PANEDOTTE PASTRIES are available at Tagoloan, Misamis Oriental, just in front of the Senior Citizens Center in Tagoloan, Misamis Oriental with Tel Nos. (08822) 740-211, (088) 856-2419; Cell Phone Nos. 0917-706-2247 and 0917706-1516, or visit them at 162 M.H. del Pilar –Velez Sts., Cagayan de Oro City Available at GAISANO SUPERMART and at LUMBIA AIRPORT PRE DEPARTURE AREA

Viva San Agustin!

Happt Fiesta Cagayan de Oro City Greetings from:

Congressman, 2nd District Misamis Oriental


16

August 29-Sept. 4, 2011

Congress.Watch

BusinessWeek MINDANAO

Owners of vehicles face higher fees By ALLAN MEDIANTE, executive editor

OWNING more than one vehicle may soon be more expensive, tax-wise. This developed as second-district representative of Cagayan de Oro, Rufus Rodriguez, and party-list rep. Maximo Rodriguez jointly introduced a bill for Congress to enact a law imposing higher registration fees for subsequent motor vehicles owned by one person. The bill states, “It is hereby mandated that there shall be additional rates to be charged for the annual registration of a 2nd and subsequent vehicle registered under the same owner. The amount of Three Thousand Pesos (P3,000) shall be charged for the 2nd vehicle, Five Thousand Pesos (P5,000) for a 3rd vehicle and Seven Thousand Pesos (P7,000) for

a fourth and each subsequent vehicle.” Coverage of the Act, however, does not include road rollers, trolley cars, streetsweepers, sprinklers, lawn mowers, bulldozers, graders, fork-lifts, amphibian trucks, and cranes if used on public highways, and vehicles which run only on rails or tracks, and those used exclusively for agricultural purposes such as tractors, trailers and traction engines of all kinds. The bill further directs the Department of Transportation and Communications and the Land Transportation Office to promulgate rules and regulations necessary to ensure the effective implementation of the Act (AN ACT PROVIDING FOR HIGHER REGISTRATION FESS FOR THE

2ND, AND SUBSEQUENT MOTOR VEHICLES REGISTERED IN THE NAME OF THE OWNER), within six months from the date of its effectivity. In its explanatory note, the Bill cited data from the Land Transportation Office (LTO), that the number of vehicles increased from 5,891,272 registered in 2008 to 6,220,433 registered in 2009 and to 6,634,855 registered in 2010, for an average increase of 6.2% per year. “From this, we can gather that there are too many vehicles plying our roads and not enough roads for them. This results in heavy traffic causing numerous negatives effects to all aspects of the lives of the Filipino people.” So many vehicles plying the roads and highways cause too much air pollution which

harms the health of the people, according to the solons. “The World Health Organization (WHO) said that as much as 65 percent of the pollutants in the Philippines are from mobile sources. It further said that “carbon monoxide has the biggest pollution load contribution of 50 percent, mainly due to the increasing numbers of gasoline-fed vehicles, including cars (13.58 percent) and motorcycles/tricycles (47.88 percent)”. The bill also cited an article written by one Hadji C. JALOTJOT and submitted to the University of Tokyo, which states that, “while use of motor vehicles can provide significant economic benefits, marginal benefits decline with increased use. Decline in marginal benefits are partly due to negative externalities associated with

RUFUS RODRIGUEZ

vehicle use such as air pollution, climate change, and urban sprawl.” The Department of Health further reported in 2004, that “considerable morbidity and mortality due to respiratory and cardiovascular diseases could have been prevented with better air quality in Metro Manila in 2002.” While another report by Asian Development Bank said that in 2005, particulate matter (PM10)

caused premature death and chronic respiratory illnesses. The health cost was estimated to be US$430 million per year.” The bill, according to the solons, thus sees “a need to devise new ways that could help lower the number of vehicles roaming the streets of the country,” and the fact that technology for alternative or renewable sources of energy is still very inefficient and expensive at the moment.

Cong. Rodriguez supports DSWD request for higher budget in 2012 By CHARMAINE P. TADLAS

CAGAYAN de Oro Cit y, Misamis Oriental -- Congressman Rufus Rodriguez of the 2nd District of city has supported Social Welfare Secretary Corazon JulianoSoliman’ s request for Php39 billion increase in budget for the Pantawid Pamilyang Pilipino Program in 2012. The legislator said that the Department of Social Welfare and Development (DSWD) has successfully

implemented the Pantawid Pamilya having helped 2.3 million households in the country. “Per report of the World Bank (WB) and the Australian Agency for International Development (AusAid), the Filipino household’s income level has risen up to 12% and that the poverty incidence has slid down to 6.2%, a good indicator that the Program has made a great change in the lives of the poor,” he said.

“I laud Secretary Soliman and DSWD for doing a great job in implementing Pantawid Pamilya. There are valid and essential evidences that the Program has actually improved the lives of Filipino households,” he expressed. He, further, asserted that he endorses a higher budget from Php21 billion Pesos to Php39 billion for DSWD, to help more poor families in the country. The Pantawid Pamilyang

Pilipino Program provides conditional cash subsidy to the poorest families in the country for their children’s education and health needs. Php300 per month is provided for the child’s school needs and Php500 per month is given to his or her family’s health needs. In exchange for the cash assistance, however, the beneficiaries are required to do the following responsibilities:

Pregnant women should get pre and post-natal care and should be attended by skilled health professionals during childbirth. Parents and guardians must attend Family Development Sessions and children should get regular preventive health check-ups and vaccines, must attend school, and receive de-worming pills if aged 6-14 years old. As what Secretary Soliman said, DSWD is only

after the welfare of children who have the right to education and health. She sa id DSW D on ly focuses on giving a child the opportunity to go to school and have a healthy life. “The increase in the budget for the Pantawid Pamilya will help us get to that goal wherein children of poor families will be able to exercise these rights,” the DSWD Secretar y added. (dswd/pia-10)

VIVA SENYOR SAN AGUSTIN Greetings from:

Mrs. Paquita G. Adaza President, Divine Mercy Foundation of Mindanao, Philippines Inc. and

Atty. Guerrero “Gerry” A. Adaza President Emeritus, Divine Mercy Foundation of Mindanao, Phils. Inc.


BusinessWeek MINDANAO

MisOr Today

Alubijid prov’l hospital to help OFWs - Moreno MISAMIS OR IENTAL – Though still 30% in the construction stage, completion of the Alubijid Provincial Hospital will be fasttracked by all means, so it can serve the needs of MisOr folks and especially OFWs. This was bared by MisOr provuincial governor Oscar Moreno as he presented the blueprints of the ongoing project to labor secretary Rosalinda Baldoz. Baldoz took time in visiting the construction of the said hospital project very recently. Moreno also stressed that the hospital, once completed and operational, will provide services not only to OFWs and their dependents but also to residents and medical patients from the hinterland barangays of the province. “Our good relationship with the OWWA and their programs is also connected to our health vision for the province, that’s why we decided to have a joint project. Moreno also believed that once the hospital project is finished it will create jobs and employment. The

Alubijid Hospital has a modern architectural design and is located in a onehectare land and is seen to be environment-friendly as it will feature green structures. T he hospita l will have state-ofthe-art facilities of modern med ica l services. Part of the fund for the hospital completion will come from OWWA MORENO in exchange for free hospitalization of the province cannot do so OFWs and their children. Moreno says helping the because the majority oppoOFWs should be a concern sition (Sangguniang Panlaof the government since lawigan) is not cooperating. they are modern-day heroes. It did not approved a loan of They deserve to be serviced P55 requested by Moreno as by all hospitals anywhere, counterpart of the OWWA. OWWA, on the other not only in Misamis Orienhand, has already released tal. P9 million out of a proposed The OWWA assistance contribution of P45 million. to the project could have Due to this, Moreno says been helpful because the he is compelled to look for completion of the project is other sources to complete the wanting of funds. Moreno hospital project. commented that despite efBaldoz assured Moreno forts to finished it on time, that he will direct an investigation committee to look into the issue of the MisOr SP’s majority opposition.

Greetings to my constituents on the occasion of the 2011 Fiesta celebration of Cagayan de Oro

CITY COUNCILOR JOSE “PEPE”ABBU

August 29-Sept. 4, 2011

17

STATEMENT OF GOV. OSCAR S. MORENO ON THE NPA ATTACK IN MEDINA We condemn in the strongest possible terms the NPA attack in the municipality of Medina which caused the lives of our policemen and a member of the NPA. The attack had placed in jeopardy the progress that Misamis Oriental has attained through hardwork and cooperation of the people. We congratulate the law enforcement agencies for their prompt reaction and their show of gallantry to protect and defend the people. We salute the slain SPOI Edito Bayhon who had bravely defended the municipal government of Medina as well as the two wounded policemen SPO2 Renie Galera Rombo and SPO1 Diosdado Salas Sendiong. We salute them for their splendid valiance and deep and affectionate love for our government and our people. Our instructions for the law enforcement agencies (police & military) are as follows : · Conduct a thorough and deep investigation and find out who are responsible and their motives. · Pursue a vigorous pursuit operations and without let up. · Uphold the law and bring the perpetrators to the court of law I would like to commend Mayor Pacifico “Jojo” Pupos for his presence of mind and bravery in standing firm in defense of the people. The Province of Misamis Oriental will not stop in bringing the government closer to the people as best as we can and as closest as we can. The Provincial Government reiterates our firm conviction that the law should stand supreme over everyone. I am proceeding to my trip to the US for a few days to attend to the Tapok in Anaheim, California. This bi-annual event is attended by US and North American residents who trace their roots in Cagayan de Oro and Misamis Oriental. I have accepted the group’s invitation and will honor it. It is my hope that this trip will strengthen the bond between Misamis Oriental and Cagayan de Oro on one hand and American and North American residents on the other. I have designated Vice Governor Norris Babiera as the Acting Governor in my absence. I am confident and assured that the province will be in good hands, if not in better hands. Vice Governor Babiera will continue to serve as the co-chair of the Provincial Peace and Order Council.

NOTICE

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

NOTICE is hereby given that the intestate estate of the late LUZONIA B. MERCADO and LEONILO MERCADO SR., who both died at Carmen, Cagayan de Oro City, October 20, 2004 and September 21, 2003 left Parcels of land; 1.) A RESIDENTIAL BUILDING located at Carmen, Cagayan de Oro City, and covered by Tax Decl. No. F-171082 and 2.) A Residential Building located at Carmen, Cagayan de Oro City, and Tax Decl. No. F-083296, 3.) containing an area of (480) Square Meters, more or less and covered by a Tax Decl. No. F-083295 are under AFFIDAVIT OF ADJUDICATION OF SOLE HEIR IN FAVOR to SHEILA ELMA M. NERI, the only surviving heir of the said decedents, of legal age, married to CEDRONIO S. NERI, both Filipinos and a resident of Apovel Subd., Bulua, Cagayan de Oro City, under Notary Public of Atty. Roy Prule M. Ediza as per Doc. No. 34, Page No. 7, Book No. IX, Series of 2011. BWM AUG. 8, 15, 22, 2011 Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region BRANCH 18 Cagayan de Oro City IN THE MATTER OF CORRECTION OF ENTRY IN THE BIRTH CERTIFICATE OF OLIVER VERGEL MABAYO OLIVEROS

SPEC. PROC. CASE 2011-116

OLIVER VERGEL MABAYO OLIVEROS, Petitioner, - Versus THE LOCAL CIVIL REGISTRAR OF CAGAYA DE ORO CITY, Respondent. X---------------------------------------------------X

ORDER The instant Petiton filed by Oliver Vergel Mabayo Oliveros (hereafter petitioner) seeks the correction of the entry in the Certificate of Live Birth of petitioner’s gender from FEMALE to MALE. Petitioner averred that the instant petition is not intended to avoid any criminal, civil or financial liability. Neither will the same affect his civil status or citizenship. Finding the instant Petition to be sufficient in form and substance, let the initial hearing of this case be set on NOVEMBER 16, 2011 at 8:30 in the morning before this Court. Let copy of this Order be published, at the expense of petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City. Respondent Local Civil Registrar of El Salvador City and any person having or claiming any interest on the entries whose corrections are sought, may within fifteen (15) days from notice of this Order or from the last date of publication thereof, file their opposition/comment thereto and appear at the scheduled hearing. Furnish copies of this Order, together with the Petition and its annexes, to the Office of the Civil Registrar of Cagayan de Oro City, the Office of the Solicitor General and the National statistics Office, Manila. SO ORDERED. August 3, 2011, Cagayan de Oro City. (Sgd.) DENNIS Z. ALCANTAR Presiding Judge BWM Aug. 22, 29 & Sept. 5, 2011


18 August 29-Sept. 4, 2011 Caraga.Today

BusinessWeek

MINDANAO

AguNte marks 10th BAOTO Festival By ARJAY S. FELICILDA, Caraga Bureau Chief

PREPARATIONS are underway for the 10th Baoto Festival, September 13-16 this year, under the auspices of the provincial government

of Agusan del Norte. Governor Erlpe John Amante assured, this year’s festival is definitely going to be more promising and

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 1Oth Judicial Region BRANCH 44 Initao, Misamis Oriental

INRE: PETITION FOR CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF ALMALO A. RAMOS,

SP. PROC. NO. 2011-1012

colourful, with most of the major events taking place in Lake Mainit, the fourth largest lake in the Philippines. Sports enthusiasts from all corners of the world are expected to see action, especially in the 30-kilometer paddling competition on September 15. In a statement to Busin e s sWe e k M i n d a n a o

(BWM), Governor Amante said the municipalities of Jabonga, Kitcharao, Santiago and Tubay are the most directly involved in the festival, they being in one common stretch along Lake Mainit against the scenic mountain ranges. “ We c o n s i d e r L a k e Mainit and the towns by it, as one perfect location for

the 10th BAOTO Festival, which gives tribute to the ‘baoto’ or native dug-out canoe,” the governor averred. Leading all the efforts in trying to lure both foreign and domestic tourists, guests and spectators is the Public Affairs Division (CAD), headed by Mr. Daniel M. Calo

The four-day fest will have such events, as tree planting, Lake Body Attack Competition, cultural shows, kite flying and, cycling competitions, paddling competition, regatta, beach volleyball, triathlon and Mamanwa rituals, among others. (with reports from edgar m. palarca jr. and brian jay f. ceballos)

Business Bits of Cagara By ARJAY S. FELICILDA, Bureau Chief

Large mining companies face protest

ALMALO A. RAMOS, Petitioner, - VersusTHE LOCAL CIVIL REGISTRAR OF ALUBIJID, MISAMIS ORIENTAL, Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER Petitioner ALMALO ABRIOL RAMOS filed this petition to correct the gender in her Certificate of Live Birth Local Civil Registry No. 93-541 of the Alubijid Registry from MALE TO FEMALE. Finding the petition in order let the Initial Hearing before this Court be set on November 3, 2011 at 8:30 o’ clock in the morning. t is hereby noted that the petitioner had furnished a copy of the petition and its annexes to the Office of the Solicitor General (RR # 0239 dated 06/30/11), Municipal Civil Registrar of Alubijid, Misamis Oriental (RR # 0238 dated 06/30/11), and Prosecutor Ian Parrado of the Office of the Provincial Prosecutor – Province of Misamis Oriental (RR # 0237 dated 06/30/11). Let a copy of this Order be posted on the (1) Bulletin Board of the Local civil Registry Office of Alubijid, Misamis Oriental, (2) Bulletin Board of the Municipal Hall of Alubijid, Misamis Oriental (3) Bulletin Board of the Court situated at Alubijid, Misamis Oriental, and (4) Bulletin Board of this Court. The petitioner is ordered to cause a publication of this Order in a newspaper of general circulation in the Province of Misamis Oriental atleast once a week for three (3) consecutive weeks. Lastly, since the motion of the petitioner, a client of the Public Atty’s Office, that she be exempted from payment of court fees is meritorious, the same is granted. SO ORDERED. Done in chambers on July 29, 2011, Initao, Misamis Oriental.

SURIGAO City - ANTIMINING groups just had their day to protest the presence of la rge sc a le mining companies in Surigao del Norte. This, during the 1st Caraga Mining Sy mposiu m a nd Sa fet y

Competition at Hotel Tavern here, August 21 and 22 this year. Led by the Promotion of Church People’s Response (PCPR), the protesters, most of them belonging to the Nagkahiusang Gagmay’ng Minero

‘BODYFLEX HOLISTIC MASSAGE (CDO, CEBU, DAVAO, BUTUAN, GINGOOG & CAMIGUIN) By: Certified, expert Male/ Female pretty & good looking masseurs Offered: Shiatsu, Swedish,Thai & Sensual Massage

Call or Text 639187958578, 09187958578 (088) 588-6363

(Sgd.) JUDY A. SIA-GALVEZ Acting Presiding Judge

body.flex@yahoo.com

BWM Aug. 15, 22 & 29

DEP DEPARTMENT OF LABOR A AND EMPLOYMENT

toward Inclusive Growth Through Decent and Productive Work Visit us at www.caraga.dole.gov.ph www caraga d and be informed of our ƉƌŽŐƌĂŵƐĨŽƌĞŵƉůŽLJŵĞŶƚ͕ƌŝŐŚƚƐĂƚǁŽƌŬ͕ƐŽĐŝĂůƉƌŽƚĞĐƟŽŶ and social dialogue.

(NAGAMI), called on Surigao Norte Gov. Sol Matugas to lift the suspension order on small scale mining in the province. About 26 mining companies in Caraga Region have sent participants to the two-

day activity, together with mining contractors, nongovernment organizations (NGOs), Philippine Red Cross (PRC), Bureau of Fire Protection (BFP) and other government agencies.

Island town has own WIFI access SOCORRO, Surigao Norte - The Community eCenter (CeC) of this locality recently launched its WIFI Internet access installations for household and institutions. This develops just around a year after the locality established the CeC, one of the eleven

pilots in Caraga Region. The facility will not only provide residents with access to the internet. It is also an income-generating project that is expected to contribute to the sustainability of the CeC. Monthly subscription fee is only P1,000.

NOTICE TO THE PUBLIC Notice is hereby given to the general public & all concerned that Mrs. Zita Efrelinda Plaza, whose photo appears below, is no longer connected with Filinvest Land, Inc. (FLI) as authorized agent (Sales Manager, Broker, etc.) effective June 07, 2011. All customers and subagents of Filinvest Land, Inc. dealing with or registered under her are requested to deal directly with the company in the future. Persons dealing with her shall do so at their own risk & liability; the Company will not be responsible in any manner whatsoever.

You can also reach us thru these addresses, emails and contact numbers:

5HJLRQDO2I¿FH Nimfa Tiu Building III, J.P. Rosales Avenue, Butuan City dolecaraga@yahoo.com, (085) 3429503, 3429606

For clarification or further information, FLI customers and sub-agents are requested to visit or call our registered offices.

$JXVDQGHO1RUWH)LHOG2I¿FH 2nd Floor Nimfa Tiu Building VII, J.P. Rosales A venue, Butuan City. dole_adn@yahoo.com, (085) 3413198 $JXVDQGHO6XU)LHOG2I¿FH NGPI Building, Barangay 5, San Francisco, Agusan del Sur dole_ads@yahoo.com, (085) 2422233 6XULJDRGHO1RUWH)LHOG2I¿FH 4th Floor Yuipco Building, Borromeo Street, Surigao City dole_sdnfo@yahoo.com, (086) 3100622, 231-7020 6XULJDRGHO6XU)LHOG2I¿FH 2nd Floor Eduhome Motorcycle Center Building, Quintos St., Tandag City dolesds_tandag@yahoo.com, (086) 2113378

Facebook account : dolecaragaregion Twitter account : dolecaraga13 Hotline : 3455212 BWM Aug 29, 2011


BusinessWeek

August 29-Sept. 4, 2011

MINDANAO

19

EMANO TOPS THE 2011 TESDA NATIONAL KABALIKAT AWARDS

A

UGUST 24, 2011 was a crowning glory day for the 2nd Congressional District of Misamis Oriental when the Office of Congressman Yevgeny Vincente B. Emano won the top prize of the “2011 TESDA National KABALIKAT Awards”, together with the Province of Bohol during its culminating event at the TESDA Central Office in Taguig, Metro Manila. The annual Kabalikat awards are given to outstanding government offices and TESDA accredited school institutions in recognition of their beneficial contribution to the promotion of technical education and skills training in the country. Congressman Emano’s office was earlier cited as the Regional winner for Region 10 and Provincial winner for Misamis Oriental among all local level offices with TESDA programs. Congressman Emano bested other national contenders for the award who were named regional winners from all other regions all over the country such as the Provinces of Tarlac, Compostela Valley and Quirino, the Cities of Mandaluyong, Sorsogon and Dipolog, the 4th Congressional District of Batangas and 1st Congressional District of Oriental Mindoro, among others. Since 2007 when he assumed office as Representative of the 2nd District of Misamis Oriental, Cong. Emano has been very persistent in carrying out his agenda on education which includes the provision of scholarship grants for skills training of poor and deserving student constituents. Dubbed as ISKOLAR KO NI BAMBI (IKNB), his education program has so far benefited over 5000 students, many of whom have already graduated and landed jobs even abroad. This IKNB program has developed into a dynamic organization of students coming from the different municipalities/city in the district who gather together yearly for solidarity, which yearly assemblage allows them to avail of the opportunity to be recognized as actively involved members of the society. After receiving the highly regarded award, Cong. Emano reiterated his firm commitment to continually provide avenues that help the students achieve their ambitions through the pursuit of education, technical or otherwise.

Emano, 3rd from right with his prize plaque poses with (from right) TESDA Dir. Gen. Villanueva, DBM Sec. Abad, representatives of the Province of Bohol and other TESDA officials

Emano and his staff with Speaker Belmonte during the presentation of the National and Regional TESDA Awards in the House of Representatives

Emano, the National Winner and Region-10 Awardee with DBM Secretary Abad, TESDA Dir. Gen. Villanueva and the rest of the regional awardees.

IKNB students gather together in the yearly IKNB General Assembly


20 August 29-Sept. 4, 2011

Life.Biz

BusinessWeek

MINDANAO

Hit bands Color Me Badd, All-4-One bring back the ‘90S via Mega-Concert THE onslaught in Manila of ‘90s iconic acts mounts with excitement reaching fever pitch in anticipation of the All-4One and Color Me Badd back-to-back concert at t he A ra neta Coliseu m on Sept. 7. Both iconic

‘90s bands are set to thrill their Filipino audience on Sept. 7 with a repertoire of all their greatest hits and the multi-platinum songs of Michael Jackson as the bands’ tribute to the King of Pop. After Araneta Coliseum on Sept. 7, Color Me

Badd and All-4-One will hold shows at the Waterfront Hotel in Cebu on Sept. 9 and at Limketkai Mall in Cagayan de Oro on Sept. 10. Color Me Badd is the global phenomenon behind the monster hits “I

FOR YOUR ADVERTISEMENTS PLACEMENTS CONTACT

Wanna Sex You Up,” “I Adore M i A mor,” “A l l 4 Love,” “Wi ld f lower,” “Thinkin’ Back,” “Slow Motion,” “Sexual Capacity,” “The Earth, The Sun And The Rain” and “Close To Heaven.” The R&B/hip hop group, was discovered

in 1990 by Robert Bell of Kool & The Gang, is composed of Bryan Abrams, Mark Calderon and Kevin Thornton. The group has racked up 8.8 mi l lion records sales worldwide of their a l bu m s “C . M . B .” (r e leased in 1991), “Young, Gifted & Badd: The Remixes” (1992), “Time And Chance” (1993), “Now And Forever” (1996), “Awakening” (1998) and “The Best Of Color Me Badd” (2000). All-4-One, on the other hand, is acknowledged in the music industry as the “Dukes of R&B.” Their biggest hit, “I Swear,” from their eponymous debut CD released in 1994, won a Grammy Award for Best Pop Performance by a Duo or Group with Vocal in 1995. The song also enjoyed an eleven-week run on top of the Billboard Hot 100 and it has been named by ASCAP as one of the greatest love songs of the 20th century. But it wasn’t as if All4-One is one-hit-wonder. Another song, “I Can Love You Like That,” zoomed up the charts---as with

“These Arms,” “Beautiful As U,” “I Will Be Right Here,” “She’s Got Skillz,” “ S o M u c h I n L o v e ,” “Someone Who Lives In Your Heart,” “I’m Your Man” and “I Just Wanna Be Your Everything.” And who can forget “Someday,” the theme song of Disney film, “The Hunchback of Notre Dame”? C omposed of Ja m ie Jones, Delious Kennedy, Alfred Nevarez and Tony Borowiak, All-4-One has sold 22 million records worldwide. In their discography are “All-4-One,” “And The Music Speaks,” “On And On,” “A41,” “Split Personality,” “No Regrets” and even “An All-4-One Christmas.” The back-to-back concert of Color Me Badd and All-4-One in Cagayan de Oro City is made possible by Ovation Productions in cooperation Bigby’s Café, Steve’s Barbeque, Parasat Digital, Dunkin Donuts and Samrey Printing Press. Tickets are priced at P1500, P1000, and P500. For ticket inquiries, please c a l l t he 2 4 /7 Hot l i ne 0921.611.0000.


BusinessWeek

August 29-Sept. 4, 2011

MINDANAO

21

P.E. Rhythmic Dance Festival 2011, a success - prelude to 2013 Guinness Book of Records By JOE PALABAO

CAGAYAN de Oro City -Ten thousand two hundred twenty (10,220) participants and dancers to this year’s P.E. Rhythmic Dance Festival 2011, and more than five thousand spectators filled the Pelaez Sports Complex this city on August 25, 2011 for the grand event. T he g r a nd io s e , sp e l l bounding and mesmerizing rhythmic dances performed by the seven participating schools from this City was said to be a prelude to the 2013 Rhythmic Dance Festival aimed to land the Guinness Book of Records, a world record to reckon with, where 20,000 participants are expected to take part. This year’s rhythmic dance festival here saw Misamis Oriental General Comprehensive High School (MOGCHS) romping away with the prestigious Best in Presentation Award. MOGCHA also won special awards in Originality and Creativity and Best in Choreography. With 1,900 participants performing the rhythmic dance, the City Nationa l High School also bagged the Most Number of Participants Award. It also won the Most Clean and Disciplined Group and the Darling of the Crowd/ Loudest Cheers Award. Gusa Elementary School got the nod of the judges as well as of the crowd as they

topped the Best in Costume Award category. The Gusa Elementary School dancers wore cute bumble bee costumes which awed the audience. In the Grand Finale presentation, the 10,220 participants formed a Map of Cagayan de Oro City as they performed the P.E. Rhythmic Dance movements, choreography and storylines of the theme song of Cagayan de Oro’s tagline which is the City of Golden Friendship or the City in Bloom, Blossom and in Boom. It was also a spellbinding GR AND FINALE REHEARSHAL performance for the event of 2013. The organizers will be tapping MILO for the uniforms of the 20,000 participants and dancers in aiming for the Guinness Book of Records’ highest number of participants in one-of-a-kind rhythmic dance to ever happen in the world. The P.E. Rhythmic Dance Festival is a brainchild of DOT 10 which was conceptualized by Tourism director Catalino ‘Butch’ E. Chan 111. It was a major event which complemented the other four core fiesta events: The Golden Float Parade, Halad sa Lambagohan, Folkloric Dance Showcase and the Ms. Kagay-an Pageant. The Dance Festival was ably supported by the Dept. of Education (DepED 10) under the leadership of Regional Dir. Luz A. Almeda, and

was also successful through the efforts of the school heads and principals of participating schools: Gusa Elementary School headed by Mr. Emmanuel B. Alinguig, Principal 111, Lumbia Elementary School headed by Conniebel C. Nistal, Ph.D.; Bulua National High School headed by Nimfa R. Lago, Principal 111, Puntod National High School headed by Gina F.

Labitad, Ph.D.; City National High School headed by Enriqueta Pabelik, Principal 11; Carmen National High School headed Mr. Alfredo C. Tongco, Principal 1, and the Misamis Oriental General Comprehensive High School headed by Mr. Pedro H. Montejo, Principal 1V. The Rhythmic Dance Festival was hosted by Julius Tasarra of the City Informa-

tion Office (CIO) and Ms. Anna Maris Igpit, former Bb. Pilipinas 2006 World who represented the Philippines in Poland, and a business woman and a talent of GMA 7 Cebu. Joe Awiten of Dance Sport Latin performers was in charge of the order and discipline of the 10,220 participants. The Grand Finale interpreting the CDO jingle was choreographed by Mrs. Rafa-

ela “Pai” Cabrillos, a trainor from Bulua National High School. Publicity and Promotion was handled by Business Week Mindanao. The over-all success of the P.E. Rhythmic Dance Festival 2011 was due also to the tutelage and facilitation of Ms. Chaz Ladera of the Department of Tourism 10. Kudos to all.


BusinessWeek Tourism CU nursing stude crowned Miss Kagay-an 2011

22

August 29-Sept. 4, 2011

By JOE PALABAO, Feature Editor

(Photo) Reigning MISS KAGAY-AN 2011-Angel Carbajal (Center) with her court: 1st Runner Up and Ms. Kagay-an Tourism 2011-Jamie Joy Bantigue, 2nd Runner Up-Christel Valdehueza, 3rd Runner Up-Elaine Roselle Aquino and 4th Runner Up April Darlin Jane B. Hernandez. PHOTO BY ROLANDO SUDARIA

OROCHAMBER partners with Germany’s TUV SUD for the “Food Safety and Management” Forum held August 18 with 56 representatives from different hotels, organizations and member firms regionwide. The other forum partners include BusinessWeek, CDO Sunstar, PIA 10, Parasat Cable TV, Magnum Radio and Mindanao Current.

Republic of the Philippines AUTONOMOUS REGION IN MUSLIM MINDANAO Province of Lanao del Sur Municipality of Wao

INVITATION TO BID FOR THE SUPPLY AND DELIVERY OF CONSTRUCTION MATERIALS 1. The Local Government Unit of Wao, through the TRUST FUND, intends to apply the sum of P3,439,507.00 (Three Million Four Hundred Thirty Nine Five Hundred Seven pesos) being the Approved Budget for the Contract (ABC) to payments under the contract for THE SUPPLY AND DELIVERY OF CONSTRUCTION MATERIALS . Bids received in excess of the ABC shall be automatically rejected at bid opening. 2. The Local Government Unit of Wao now invites bids for the supply and delivery of construction materials, plumbing and electrical supplies. Delivery of the Goods is required within 15 days after receipt of Notice to Proceed. Bidders should have completed, within the last two years from the date of submission and receipt of bids, a contract similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II. Instruction to Bidders. 3. Bidding will be conducted through open competitive bidding procedures using a non-discretionary “pass/fail” criterion as specified in the Implementing Rules and Regulations (IRR) of Republic Act (RA) 9184, otherwise known as the “Government Procurement Reform Act”. Bidding is open to all interested bidders, whether local or foreign, subject to the conditions for eligibility provided in the IRR of RA 9184. 4. Interested bidders may obtain further information from the Local Government Unit of Wao and inspect the Bidding Documents at the address given below during office hours 8:00-12:00 a.m. and 1:00-5:00 p.m, Monday to Friday. 5. A complete set of Bidding Documents may be purchased by interested Bidders on August 23-September 13, 2011, 9:00 a.m. from the address below and upon payment of a nonrefundable fee for the Bidding Documents in the amount of P5,000.00 (Five thousand pesos). It may also be downloaded free of charge from the website of the Philippine Government Electronic procurement System (PhilGEPS), provided that Bidders shall pay the nonrefundable fee for the Bidding Documents not later than the submission of their bids. 6. The Local Government Unit of Wao will hold a Pre-Bid Conference on September 01, 2011, 10:00 a.m. at the SB session hall of the Municipal building which shall be open to all interested parties. 7. Bids must be delivered to the address below on or before September 13, 2011, 10:00 a.m. All Bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18.

MINDANAO

CAGAYAN de Oro City–– Angel Carbajal, a witty, charming and intelligent Nursing student of Capitol University, was crowned MISS KAGAY-AN 2011. She also won three Special Awards as Ms. Darling of the Press, Ms. Sunstar Cagayan, and Ms. Kapuso of GMA. The other equally lovely winners were Jamie Joy Bantigue, 1st Runner Up and Ms. Kagay-an Tourism 2011; Christel Valdehueza, 2nd Runner Up; Elaine Roselle Aquino, 3rd Runner Up; and April Darlin Jane B. Hernandez, 4th Runner Up. The beautiful and lovely ladies will represent Cagayan de Oro City’s tourism biodiversity promotion, civic and social activities. Lovely and fabulous 1st Runner Up and Ms. Kagayan Tourism was Jamie Joy Bantique who was also a Special Awards runaway winner. She won seven Special Awards as Best in Casual Wear; Ms. ABS CBN Star of the Night; Best in Talent and Ms. Sunsilk Expertly Touched Beau-

tiful Hair; Best in Long Gown and Ms. Creamsilk Stunning Shine; Globe Texters Choice; Ms. Natures Spring CDO; and Ms. Samsung. (She received a 32” Samsung TV). Candidate number 11, Hanna Melissa Aleman Cagas was Best in Swim Wear and Ms. PONDS White Beauty Naturals; Candidate number 1, Ms. Joanna Grace Daaca was Ms. MAGS/Ms. Photogenic and Ms. Close-up Freshest Smile. Candidate number 5, Sonia Bacasmot bagged the Ms. Golden Friendsip, while Candidate number 4, Elaine Roselle Aquino was named Ms. LBC Customer’s Choice Award and Ms. LBC Reyna ng Padala. The Ms. Kagay-an 2011 sponsors and facilitators included: Promote CDO Foundation, Inc., under the able and dynamic leadership of its president, Ruben Vegafria, in partnership with the City Government of Cagayan de Oro City; Mayor Vicente Y. Emano with the City Tourism Officer-Ms. Emma Rae Gatuslao; and Depart-

ment of Tourism 10 director Catalino E. “Butch” Chan 111; Ms. Maria Elena O.Manalo-OIC and Supervising Trustee; and Ms. Josephine Roque-Pageant Coordinator and Mr. Decius Esmedalla. Other sponsors of the successful and prestigious Ms. Kagay-an 2011, were: Unile ver Philippines; MAGS, LB C Har i ng Padala, Limketkai Center, TIEZA, GMA Network, ABS-CBN, Samsung, SMART, Glob e, D OT 10, City Government of Cagayan, Promote CDO, BDO, ICI, KIA Motors, Iconic Fashion, ORORAMA, N Hotel, UKC, SM City and SM Dept. Store, Gardens of Malasag Mountain Resort, Missy Bon Bon, Philtown Hotel, Grand City Hotel, The VIP Hotel, Nature’ Spring, MAX’S Restaurant, Gaisano, Bigby’s Café & Restaurant, Mom’s Corner, Pryce Plaza Hotel, Kagay, Jatico, MODTRADE, The Dynasty Court Hotel, Parasat Digital, BUSINESS WEEK MINDANAO, Mindanao Daily Balita, Coco Cabana and GIBI Shoes.

Cebu...

rot soap for her young skin to maintain its fresh-looking while it removes dark spots on her face. “As I’m in my teenage years, I often go through having pimples on my face, but GT Carrot soap is effective in removing them leaving

no scars.” But who says skin care is a highly feminine routine only? Grooming too is very essential to men. Males deserve to have their skin taken cared of and can defi nitely maintain a nightly or daily regimen. Rhamric Simpron, a dance choreographer and manager of D2K dance crew and an agent in JP Morgan Chase & Co. have said, “GT Cosmetics is really effective. Thanks so much! When I started using it on the fi rst 2 days, I can already see the difference. My skin (face) has tightened. I am using Clarifiance, Bleaching Cream and Carrot soap. My face has reddened a bit like I am mestizo. Haha! It is really amazing because I am getting the skin that I need!” Mark Calog, a call center agent in Convergys, agrees with Simpron. He too uses the GT Carrot soap and Clarifiance regularly especially that he needs to make his skin healthy even if he works on a graveyard shift. “I really recommend GT products to my work colleagues!” Raymund Negapatan, a cabin crew at Air Atlanta Icelandic, uses GT Cosmetics to maintain the beauty of his skin, “I love GT Cosmetics coz it’s all natural-based that I don’t need to worry for any side effects. Thank you so much, GT!” Th rough the GT Cosmetics online community, “GT & Me”, these image models will be visible to reach out to other GT users online in any part of the world. They will stand as inspiration that truly Gandang Tunay brings out the best in each one of us. Photos of our image models are now ready for viewing on

from page 20 isn’t difficult to apply on my skin.” Edzel Peggy, a freshman HRM student at SouthWestern University, uses GT Car-

LOT FOR SALE FORMER FILVER GARAGE Cugman, Cagayan de Oro City

By appointment only Tel. #: (088) 855 3898 DO U LUK OLDER DAN UR AGE? Y? Scientific Research has proven that STRESS & EXTREME TENSION without an outlet may be the cause of up to 80% of many diseases, including high blood pressure, ulcers, insomnia, and sexual problems. STRESS whether physical or emotional shows in the body, & it makes you look years older.

TREAT YOURSELF TO THAT WELL DESERVED REST & RELAXATION & BRING THAT YOUTHFUL GLOW BACK TO LIFE.

Bid opening shall be on September 13, 2011, 10:00 a.m at the SB session hall of the Municipal building. Bids will be opened in the presence of the Bidders’ representatives who choose to attend at the address below. Late bids shall not be accepted. 8. The Local Government Unit of Wao reserves the right to accept or reject any bid, to annul the bidding process, and to reject any or all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or bidders. 9. For further information, please refer to:

Visit us now!

- GOLDEN BLIND!

Golden Blind Masseurs Honest to Goodness Shaitsu & Sweddish Therapeutic Massage Services complemented with Facial Strokes, Accupressure and Reflexology.

THE BAC SECRETARIAT Office of the Municipal Mayor Contact #: 09192719104 Email add: omm_wao @yahoo.com.ph

GOMEZ-PABAYO STS., infront of CHANA BEAUTY SALON Tel. Nos. 856-4841 or 857-4659 (Sgd)LOMINOG S. POLAYAGAN, AL HAJ CHAIRMAN, BAC

Present this ad and get P20.00 off from our regular rate.


BusinessWeek

August 29-Sept. 4, 2011

Giardini Del Sole Showroom and Factory outlet opens in Oro

HOTELS RESTAURANTS

MINDANAO

By JOE PALABAO

CAGAYAN de Oro City–– August 20, 2011 was the grandiose opening of the showroom and factory outlet of Giardini Del Sole, located at Kauswagan Highway, Cagayan de Oro City. Giardini De Sole is the country’s premier manufacturer of exquisite wooden furniture designed for perfection and quality and for the next generation to admire and appreciate. Giardini del Sole furniture pieces are made in “Italian quality and a touch of Filipino craftsmanship”. The opening was just in time for Cagayan de Oro’s Annual Kagayha-an Festival 2011. It did its share to promote trade, culinary, sports, culture and tourism events. Rev. Fr. Kenny Palingayan, a Blessed Sacrament priest, blessed the beautiful furniture

pieces and invoked God’s blessings for the continuing growth and success of the business. Vice Mayor Cesar Ian Acenas, was the guest of honor and did the cutting of ceremonial ribbon. He was assisted by the Giardini del Sole president Giovanni Boschi and Ms. Giovie Lynn A. Boschi-vice president. Present also were the Giardini del Sole Cagayan de Oro staff and workers headed by Ms. Glocelyn Pallugna, manager, and a host of marketing people, guests and prospective buyers. Then company’s president Giovanni Boschi announced that they will soon open a factory in Cagayan de Oro considering its bustling economic growth, its strategic and geographic location, the employ of more Kagay-anons, and its accessibility to raw materials. To date Giardini del Sole has

23

Pryce Plaza Hotel

Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservations@pryceplaza.ph

Hotel Koresco

Pueblo de Oro Golf Course,CDO, Tel. No. [088] 851-6094/ 859-2292 to 99, E-mail:hotelkoresco@yahoo.com

Mallberry Suites

Limketkai Drive ,CDO, Tel. No. [088]854-3999 / 854-7999 E-mail:info@mallberrysuites.com

Dynasty Court Hotel

Tiano-Hayes Sts. CDO, Tel. No. 726876 / 726962 / 857-5410 E-mail:dynasty@philcom.ph

The Marigold Hotel Velez cor. Luna Sts, CDO Tel Nos. 856-4320, 726937

CAGAYAN de Oro Vice Mayor Cesar Ian Acenas and Giardini del Sole President Giovanni Boschi spearhead the ceremonial cutting of ribbon during the grandiose opening of Giardini Del Sole showroom and factory outlet located at Kauswagan Highway, Cagayan de Oro City, August 21, 2011. BWM PHOTO BY ROLANDO SUDARIA

more than 500 skilled workers and employees. Putting up a factory would also be an answer to the growing needs of the company’s export and local business. The Local Government

of Cagayan de Oro, through Vice Mayor Cesar Ian Acenas, assured Giardini del Sole of a strong support for the success and growth of the business. He said, the company GIARDINI/PAGE 15

Marco Resort Tel. No. 732182 / 855-220

VIP Hotel

A.Velez St. CDO, Tel. No. 726080 / 726590 / 856-2505 E-mail: info@theviphotel.com.ph

Philtown Hotel

Makahambus-Velez St. CDO,Tel. No. 723089 / 856-1813

De Luxe Hotel

Capt. V. Roa St. CDO, Tel. No. 726527 /857-2144

Maxandrea Hotel

J.R. Borja St. CDO, Tel. No. 729943/ 857-2244 / 857-4154

Grand City Hotel

A.Velez- Sts. CDO Tel. No. 723551 / 723658 / 857-1900

Hotel Conchita

Yacapin Ext. CDO, Tel. No. 727356 / 856-3856 E-mail:hotelconchitapge@yahoo.com

Harbor Lights Hotel Gusa, CDO Tel. No. 724878 / 855-6060

Country Village Hotel

Carmen, Cag. de Oro Tel. No. 71-22-03, 71-22-01, 7122-05

Southwinds Hotel

Capt. V. Roa Sts.CDO,Tel. No. 727623 / 724803 / 856-2036 E-mail:i_agudo@hotmail.com

Apple Tree Resort and Hotel Taboc, Opol, Misamis Oriental, Tel. Nos. 754525/ 754263/ 3091986, Fax No. (8822) 754497

Discovery Hotel

Limketkai Drive, CDO tel. No. 72-78-14, 72-73-20

Pearlmont Inn

MISS PHILIPPINES EARTH BEAUTIES Mayor Vicente Y. Emano and Vice Mayor Caesar Ian Acenas with Miss Philippines Earth 2011 winners (not in order) ATHENA MAE IMPERIAL (Casiguran, Aurora), Miss Philippines Air: JONAVI RAISA QUIRAY (Puerto Princesa City) Miss Philippines Water: MURIELLE ADRIENNE ORAIS (Cebu City), Miss Philippines Fire: MICHELLE GAVAGAN (Las Pinas City) and Miss Philippines Eco-Tourism: TARHATA CLIO SHARI RICO (Makati City) during a courtesy call on Aug.

Limketkai,Drive,CDO Tel. No. 729111 / 856-2654 / 729455

Red Palm Inn

EVChaves Building, Capistrano corner Cruz Taal Sts. Cagayan de Oro City Tel. No. 721197 and 8562671 Cell No. 0908-885-5643 Email: redpalm_inn07@yahoo.com

Cagayan Riverview Inn

Vamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/ 858-4245, E-mail:river@philcom.com

Chali Beach Resort

Cugman,CDO,Tel. No. 723929 / 855-2108 E-mail:chali_beach@yahoo.com

Nature Pensionne

Toribio Chavez Sts., CDO Tel. No. 723598 / 723718 / 857-2274

NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservation@yahoo.com

Middleton Apartelle Lirio St. Carmen, CDO Tel. No. 723665 / 723580 / 858-4839

Sir George Pension House Pabayo-Gaerlan St. Cagayan de Oro City tel. No. 856-1990, 856-2004, 856-4447

Miami INN

Vamenta Boulevard, Carmen , CDO Tel No. 858-1901, 72-52-79

DINAH’S BEACH RESORT

Brgy san Juan, Gingoog City Tel No. (088) 861-3044

Malasag Eco Tourism Villages Cugman, CDO Tel. No.855-6183 [088]309-3752


24

August 29-Spt. 4, 2011

BusinessWeek

MINDANAO

DYNASTY COURT HOTEL CHINESE RESTAURANT NEW PRODUCT AND BEST SELLERS

Delicious Lechon Belly now in Cagayan de Oro By JOE PALABAO

FOREIGN and domestic tourists, locales & Kagayanons! Succulent! Lamian Kaayo! Roasted Lechon Belly is now in Cagayan de Oro City. lt is so “yummy” to the Discriminating ‘PanlasangPinoy’. lt is oven-cooked Filipino way with lemon grass good for 10 to 15 persons and is served as add-on to any ordinary and special occasions. For two (2) long years, this mouth-watering foodie Filipino cuisine has been crafted and processed to perfection using 3kilos of fresh pork belly and available as A PASALUBONG in a nice packaging to hand carry. So experience and enjoy our pasalubong treats: Order for the best roasted lechon belly. Baked Blueberry Cheesecake For your dessert taste their one of kind baked Blueberry Cheesecake. Delightful cake not too

sweet enough that melts right into your mouth and your taste buds would like to have more and more and more. Baked Blueberry Cheesecake is also one their best dessert pasalubong item. As you dine with your loved ones order also for their Best Sellers: The Famous So Pinoy Awardee Pancit Canton; Shantung Chicken, Lumpia Shanghai and their Patatim cooked to excellence. These gourmet cuisines are only available at the ‘DYNASTY COURT HOTEL CHINESE RESTAURANT, one of the Finest Restaurant in town. For orders and reservations contact the Dynasty Court Hotel-Tiano Brothers corner Archbishop, Hayes Streets, Cagayan de Oro City 90OO Philippines with Tel Numbers +63 {08822) 724516/7269 62/726876/725934/728101/725969; +63 (088) 8571250/857-4802/857-5292 Fax: +63 (9922) 727825; Email: dynastycourthotel@sobenet.com.ph and visit their website www.dynasycourthotel.net.

SO WHY WAIT! CALL! PLACE YOUR ORDERS AND RESERVATIONS NOW!


BusinessWeek Mindanao august 29