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BusinessWeek MINDANAO
Issue No. 54, Volume III • May 23-29, 2011
YOUR LOCAL ONLINE BUSINESS PAPER
www.businessweekmindanao.com
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AboitizPower
LISTED AboitizPower Corp. is looking for funding amounting to P50 billion for its planned 600-megawatt (MW) Subic and 150-MW Davao coal-fired power plants, Erramon Aboitiz, president and chief executive, said on Wednesday. The AboitizPower official, however, said the total amount to be raised will depend on whether they will proceed with the Subic project. “If we do, we’re talking about financing in the neighborhood of P50 billion for the two plants [in Subic and Davao],” he added. For the Davao project, Aboitiz said they are still waiting for the endorsement of the Davao City Council, which they hope to secure within the month.
CebuPac adds flight
THE Philippines’ largest national flag carrier, Cebu Pacific (CEB) will increase domestic flights in the 4th quarter of 2011, making available 33% more seats compared to the same period last year. CEB will take delivery of 3 more brand-new Airbus A320 aircraft in October, allowing the airline to offer the lowest possible fares in the market and mount more domestic flights. With this flight increases, CEB will also continue to have the most flights to popular tourist destinations such as Boracay, Coron, Dumaguete and Cagayan de Oro. CEB will increase flight frequencies in the following routes:
A
By MIKE BAÑOS, Correspondent
SENIOR official of the National Grid Corporation of the Philippines (NGCP) welcomes the idea of deploying a Turkish “power ship” in Mindanao as an answer to the severe power shortage in the region.
Ms. Cynthia P. Alabanza, spokesperson for the National Grid Corporation of the Philippines (NGCP) said any additional capacity in the Mindanao Grid is most welcome, especially when another El Niño episode which could drastically reduce the capacity of hydroelectric plants is expected next year
following the extended rainy season brought by the La Niña weather phenomenon. While recognizing it is the prerogative of the DUs to source their power supply under the deregulated regime specified by the Electric Power Industry Reform Act, Ms. Alabanza said the ship/PAGE 16
BUSY PORT. Sacks of rice are ready for shipment at the busy Macabalan Port in Cagayan de Oro on a weekday. The main port of the city has noted an increase in its handling of various cargoes with the ongoing development of infrastructure and commercial establishments. photo by gerry l. gorit
Globe fetes vendors
GLOBE Telecom recently recognized more than 100 business partners, vendors and suppliers during its 8th Business Partners’ Meeting. During the ceremony, Globe awarded its top business partners and accorded them two award categories: Hall of Fame Award and Outstanding Vendor the Year Award. The Hall of Fame Award is given to vendors who have consistently delivered superior and quality service to Globe and have been awarded as outstanding business partner for four (4) consecutive years in the same award category.
POWER SHIP. Turkish power ship, Dogan Bey, moored in a port in Iraq. The ship generates 600 megawatts of electricity to supply the Iraqi grid. It is being mulled to be deployed in Mindanao.
JR BORJA ST., CAGAYAN. DE ORO CITY Tel No: 857-4113
By ANN NOBLE Bukidnon Bureau Chief
MARAMAG, Bukidnon – The First Bukidnon Electric Cooperative, Inc. celebrated its 39th year in service and went a step ahead by going hi-tech. Embracing technology as part of the upgrading process the electric coop-
Seair halts flights
SOUTH EAST Asian Airlines (Seair) has been ordered to halt plans for flights from Manila to Davao and Cebu while the government decides whether the carrier’s partnership with a foreign airline for the routes is a violation of the country’s laws. “The order was issued pending a final resolution of the issue... in order to prevent any injury to the public,” Civil Aeronautics Board (CAB) Executive Director Carmelo L. Arcilla said referring to CAB Resolution No. 1 issued on last week. The resolution was issued after local carriers Philippine Airlines (PAL), Cebu Air, Inc. and Air Philippines claimed that Seair violated Philippine laws on so-called cabotage rights.
Fibeco marks 39th year anniversary, launches ATM power bill payment
BROKE/PAGE 16
Foreign brands Landbank, ItalPinas sign P130M eye brisk sales loan for Primavera Residences
Land Bank of the Philippines is proud to announce it has granted a P 130 million Term Loan to ITALPINAS (ITPI) Euroasia Design and Eco-Development Corporation last March 28 to partially finance the construction of Phase 1 of Primavera Residences, an Eco-Friendly 10-storey residential and commercial condominium building to rise in Pueblo de Oro Township in Cagayan de Oro City. Advertorial landbank/PAGE 20
CQ LIFESTYLE CENTER Bldg, JR Borja, St., Cagayan de Oro City Tel No: 856-9001
By CARMELITO Q. FRANCISCO Correspondent
DAVAO City -- The distributor of foreign brands like North Face and Victorinox is eyeing a 45% increase in its Mindanao revenues as it set up 14 more stores and brands/PAGE 16
CAPISTRANO ST, CAGAYAN DE ORO CITY TEL NO.: 856-1660
erative is currently undertaking, the Fibeco management launched last May 13, 2011 its power bill payment through Automated Teller Machines (ATM)/ Information Communication Technology (ICTI) Innovation in partnership with Allied Bank. According to Allied Bank
Visayas-Mindanao Business Development Officer Roberto K. Uy, Fibeco’s e-payment system is the first to be implemented among 119 electric cooperatives in the country. Uy said, this development of using electronic payment to power bills has made bill payments a lot easier because fibeco/PAGE 16
Korean, Turk investors eye Iligan power plant KOREAN and Turkish investors have expressed interest in acquiring the 114-megawatt Iligan Diesel Power Plant 1 & 2 in Dalipuga, Iligan City. Some members of the 30-man Turkish mission that visited this city last
VAMENTA BVD, CARMEN CAGAYAN DE ORO CITY TEL NO. 858-1660
week expressed interest in the plant now owned by the city government of Iligan. The 7.9-hectare power complex was acquired by Iligan City under a compromise agreement with the Power investors/PAGE 12
OSMEÑA ST. CAGAYAN DE ORO CITY TEL NO: 856-4019
Economy
2 May 23-29, 2011
Editor: Nelson Constantino
BusinessWeek mindanao
US-based cooperative to M’danao tuna, sardines assist local dairy farmers star in EU seafood show By hannah mae s. salugsugan Contributor
THE National Dairy Authority (NDA) will continue to provide assistance to dairy farmers or organizations interested in dairy farming. Thus, it has developed industry partnerships from foreign countries in bringing dairy development into the Philippines, NDA Field Operations Manager Jesus B. So, said. One such partner is the Land O’Lakes, a memberowned agricultural cooperative based in Arden Hills, Minnesota, USA, that has the same components as the NDA, along animal dispersal, milk processing, milk establishment and milk feeding program. Land O’Lakes has been suppor t ing, since 20 05, NDA’s Herd Build-up Program, which is a govern-
ment strategy of importing cattle from other countries to counter the low milkproducing cattle breeds in the country. For 25 years now, NDA has been procuring imported cattle from New Zealand which are cross breeds of high milk-producing cows called Friesian cattle and heat-tolerant breed of cows called Sahiwal from Pakistan. As part of its corporate social responsibility (CSR), Land O’Lakes has provided financial assistance to NDA in procuring and helping bring in, this year, 585 pregnant cows and five (5) bulls
from New Zealand. Unloaded in the Port of Cagayan de Oro, yesterday, May 18, the said cows, under the NDA Cow Dispersal Program are to be dispersed to identified recipients after a 30-day quarantine period in Libona, Bukidnon, in accordance with the NDA’s standard operating procedure. So said the identification of recipients involves a long process of training and technology preparation that goes over a period of one year. Once the cattle are declared free of disease and have already adapted to the climate and grass in the country, the Dept. of Agriculture (DA) will then authorize the dispersal to the identified recipients. “The program has been helping farmers acquire addairy/PAGE 9
TILT
For bookings and reservation Call: 722-230 Look for HAZEL ESPRA Hayes-Velez St., Cagayan de Oro City
DAVAO City -- Following their participation in the 29th International Boston Seafood Show last month, Mindanao seafood traders are now reaching out to new markets in the European Union (EU). Ten Mindanao seafood companies will be joining the Philippine delegation to the 2011 European Seafood Exposition being held from May 3 to 5 in Brussels, Belgium. Some 1,600 companies from 76 countries are expected to join the Brussels show, the largest seafood trade event in the world. The Mindanao delegation, composed of producers and exporters of sardines, as well as of fresh, processed and canned tuna and other seafood products, will be participating through the joint efforts of the Department of Agriculture and USAID’s Growth with Equity In Mindanao (GEM) Program, which is implemented under the oversight of the Mindanao Development Authority (MinDA). They are: Ayala Seafoods Corporation, Bluefin Seafood Export, Incorporated, FAB Sea Resources Corporation, Jess Aquamarine Traders, JARLA Trading, MS Seafood Supplier, Nuevo Fresco,
RDEX Food International Phils. Incorporated, Well Delight Network Corporation, and JN Mercado Food Supply. Companies qualify to participate in the exposition based on their product quality, volume capacity, and compliance with internationally-recognized HACCP and EU plant certification standards. The EU’s food imports in 2009 totalled $369 billion, with seafood imports valued at $38 billion. More than 70 percent of its seafood is imported, with Iceland, Norway, China and Vietnam among its major suppliers. In 2009, Mindanao’s total
direct exports of seafood products to the EU were valued at $153 million. These included canned tuna, sardines, tuna (fresh/chilled and frozen), seaweed/carrageenan, prawn and octopus. Last year, frozen and prepared/preserved tuna products were among Mindanao’s top ten principal exports, valued at $93 million and $218 million, respectively. “This is not just an opportunity to showcase Mindanao’s best seafood products,” said Sec. Luwalhati Antonino, Chairperson of MinDA. “Our participation in this exposition also sends a strong signal that we have tuna/PAGE 19
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Companies Editor: Nelson Constantino
BusinessWeek mindanao
PNB setting up 5 more Nenaco launches new ship branches in Mindanao
one in Toril, about 30 minutes by passenger jeepney from the downtown area. DAVAO City -- The Philippine National Bank is The bank has three branches setting up five more branches in key cities in Min- in the city. are making sure we danao as the bank plans to set up 20 more branches can“We change the image of the within the year. bank (to show that it is agIts president, Eugene S. be spent on the real property. gressive in dealing with its Acevedo, said that the bank He said the bank has customers),” he added. Aside from refurbishing is determined to strengthen reached that point of not its presence in key areas of being contented “with just its key branches, the bank is the country to show that being part of history,” as it also looking at transferring the bank has transformed was considered the de facto its branches in some areas into a formidable financial central bank of the country particularly those in Metro institution. until 1949 after it was estab- Manila areas where setting Last month, the bank lished as a government bank up branches is already restricted like Makati City. opened its branch in Calam- on July 22, 1916. Another way to show its ba City, Laguna, its first new A publicly-listed bank branch after 1998. “We want since 1989, the bank is also aggressiveness is for the bank to change that attitude (of be- embarking on a massive to streamline in dealing with ing passive),” explained Mr. refurbishing particularly of customers,. For one, Mr. Acevedo Acevedo, in reference to the 100 key branches that need to attitude of the bank before he be very visible. Mr. Acevedo explained that in the past, came on board in 2010. explained between this year obtaining a car loan from Its plan in Mindanao, and in the first quarter of the bank took about three Mr. Acevedo explained, is next year, the bank is spend- months and when the loan to establish more branches ing P400 million for some was approved, there was a big in cities in Davao, Surigao, branches that need to be probability that the car that was to be bought was already Zamboanga and Cagayan de refurbished. Oro. Four of the five branches Some of these branches being phased out. The bank is now looking will be located in these cities will be converted into “all as the bank scouts for one glass” branches that will at approving the loans within more area this year. make them visible at night, a day of application provided the borrower has a complete The bank has 49 branches he added. and two extension offices in On Saturday, the bank set of documents and all the Mindanao. inaugurated its refurbished requirements necessary for The bank, Mr. Acevedo branches in the city, its main obtaining it. “We can now explained, will spend about headquarters located at the do that (approval of the loan) P5 billion for the branch ex- junction of Claro M. Recto in three hours,” he added, cluding the money that will and San Pedro Sts and the pnb/PAGE 16 By carmelito q. francisco Correspondent
NEGROS Navigation Co. (Nenaco), now the country’s biggest shipping line, recently launched its newest fleet in Cagayan de Oro – the St. Michael the Archangel. Fresh from acquiring the erstwhile Aboiotiz-controlled Super Ferry and Super Cat fleet, the Bacolodbased Negros Navigation purchased the roll on-roll off/passenger (ropax) vessel for $8.35 million. Nenaco chair Sulficio Tagud said the company has spent another $3.6 million to refurbish and upgrade facilities of the St. Michael the Archangel. The vessel has a passenger capacity of 1,929 and cargo capacity of 190 twenty-foot equivalent units. With a length of 150.8 meters and width of 25 meters, it has seven deck levels and is supported by two sets of main engine with a combined power of 18,800kW. The St. Michael will service two routes – ManilaCebu-Cagayan de Oro-IloiloBacolod-Manila every Thurs-
day; and Manila-Bacolod-Iloilo-Cagayan de Oro-CebuManila every Monday. It features entertainment centers, an event hall that doubles as a disco and comedy bar, two dining areas, viewing cum entertainment deck, and coffee shop/convenience stores. It is also being primed as a training ship with the creation of two conference halls. Nenaco and SuperFerry, the latter operated by recently purchased Aboitiz Transport System Corp, both offer hotel
and restaurant management, tourism and maritime training. Nenaco is setting aside P2.5 billion in capital expenditures this year to expand its supply chain and logistics business. Including Aboitiz vessels, Nenaco currently controls 46% of the freight market and 60% the passage market. This year, Nenaco is eyeing a consolidated net income of P1 billion and consolidated revenues of P15.5 billion
TWO key officials of Globe Telecom Inc. are leaving but its top executive said the changes will bear no negative
impact on the company. “There will be no effect at all [regarding the latest movements of key officials
of the company]. Everything goes on as normal. Strategies are solidly in place and will globe/PAGE 16
Globe says officials’ move will not affect operations
BusinessWeek mindanao
May 23-29, 2011
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BusinessWeek mindanao
6 May 23-29, 2011
Allied Bank VisMin Business Development Officer Roberto K. Uy (far left) and FIBECO GM Renato Cortezano answer queries from the media on the mechanics of the ATM power bill payment.
FIBECO GM Renato Cortezano
FIBECO and Allied Bank officials join the tree planting activity as part of the cooperative’s thrust for environmental awareness. (Photo by Mildred Torrejas)
Official launching of the FIBECO cash card for its ATM power bill payment. FIBECO General Manager Renato Cortezano encouraging member-consumers to join FIBECO’s ATM power bill payment system.
FIBECO Board President Raul Alkuino (center with unglasses) and 1-CARE Partylist Representative Michael Angelo Rivera with some employees awaiting for the arrival of NEA Administrator Edita Bueno.
FIBECO officials welcoming NEA Administrator Edita Bueno as one of the special guests of the electric coop’s 39th anniversary. (l-r) BOD Dr. Rojin Mordeno, GM Renato Cortezano, NEA Administrator Edita Bueno,Board President Raul Alkuino and Congressman Michael Angelo Rivera. (Photo by Mildred Torrejas)
NEA Administrator Edita Bueno cuts the ribbon officially launching FIBECO’s ATM power bill payment. Assisting her are FIBECO officials and its board of directors. (Photo by Mildred Torrejas)
A tour around FIBECO premises and office area. During press conference. (l-r) FIBECO GM Renato Cortezano, NEA Administrator Edita Bueno, FIBECO Board President Raul Alkuino and 1-CARE Representative Michael Angelo Rivera. (Photo by Ann Noble)
(L-R) FIBECO Board Directors Felix Vergara, Dr. Rojin Mordeno, George Ares and former mayor Wilfredo Bajao.
A pose with loyal employees
Giving of plaques of appreciation.
PORTRAIT OF A POWER WOMAN. A soil on canvass painting of NEA Administrator Edita Bueno using as main painting media the silt deposits at the man-made Pulangi Lake located in Panadtalan, Maramag Bukidnon. (Photo
by Ann Noble)
GM Cortezano and Board President Alkuino with FIBECO board members singing retro songs.
GROW A TREE. FIBECO employees planting tree seedlings along its premises during the electric cooperative’s 39th anniversary program.
BusinessWeek mindanao
May 23-29, 2011
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8 May 23-29, 2011
BusinessWeek mindanao
DPWH-10 bares infra projects; expects completion in 120 days
W
ith t h e fast-paced implementation of infrastructure projects of this region, ongoing works are now continuously observed not only in the rural areas but in urban areas as well. Few days ago, the rehabilitation/reconstruction/upgrading of damaged paved along North Divisoria has started. The winning contractor (C. Dy Builders & Gen. Merchandize) mobilized their equipment on May 9, 2011 for the work to be completed within 120 calendar days. The road concreting will be done along Corrales – Pabayo Streets, Pabayo – Velez Streets, Velez – Tiano Streets, Tiano – Rizal Streets and Rizal – Capistrano Streets. Aside from the concreting works, installation of cross drainage along Tiano Street is also included. When completed, the rehabilitation/reconstruction/upgrading of damaged paved road will be of great help to the travelling public within the city proper since the said streets that are included for the concreting are located within the heart of the city. Another ongoing road concreting pro-
ject that brings alleviation to the travelling public is the ongoing rehabilitation/reconstruction/upgrading of the damaged paved along South Divisoria. This project is considered as one of the vital projects because the roads to work on are within the heart of the city where mainstream of the populace are being seen daily just like the north portion of DV Soria. This project is under contract with Angel & Sam Const. & General Merchandise. The mobilization of the contractor started last May 9 and the project is expected to be finished within ninety (90) calendar days. The concreting works will focus at Pabayo – Velez Streets, Velez – Tiano Streets and Tiano – Rizal Streets. Installation of pipe culverts and eleven (11) units of manhole are also included in the scope of work for the drainage system. These two (2) ongoing projects at DV Soria are included in the Regular Infra of 2011 and under the direct supervision of DPWH – Cagayan de Oro 2nd District Engineering District in the baton of OIC-District Engineer Allan S. Borromeo.
Ongoing concreting of North Divisoria.
BusinessWeek mindanao
May 23-29, 2011
Filipino Juilliard school scholar to perform at Rodelsa Hall The Rodelsa Concert Season 2011-2012 opens with the sound of enchanting music from young Filipino violinist, Diomedes Saraza,, Jr. this coming June 30, 2011, 7:30 PM at the Liceo University’s Rodelsa Hall. After 20 years, Diomedes Prof. Arturo Molina, the only is the recent Filipino scholar foreigner in history to win accepted by the prestigious the Annual String CompetiJuilliard School of New York. tion at the Kiev Conservatory The last scholar was Joseph in Moscow. Esmilla, a fellow violinist He became the youngwho performed at Rodelsa est member of the Manila Hall last year. Born to a fam- Symphony Orchestra II and ily of musicians, Diomedes has been featured in Maestro showed his interest in the Filipino I and Friends of violin at the age of three. Cultural Center of The PhilHis father became his first ippines (CCP) Concerts. In teacher. He took his for- 2002, he won first place at the mal lesson at the age of five National Music Competition at St. Scholastica’s College for the Young Artists and in of Music studying under 2003, he made his concert the violin pedagogue Ms. debut “The Gift” at the CCP Virna Valerio. After a year, and was awarded to be one he transferred to the much of the best performances for respected pedagogue, a Jul- 2003. liard-trained violinist, Prof. He recently moved to Basilio Manalo and then to New York in the summer of
2005 to pursue his studies in violin at the Mannes College, Preparatory Division. He was under the tutelage of respected violin pedagogue, Dr. Chin Kim. In 2006, he joined the Green Mountain Chamber Music Festival in Vermont and played the Khachaturian Violin Concerto for the opening concert. In 2007, he won the Friday-Woodmere Young Artist Competition in Hewlett, NY and was featured in WQXR 96.3’s Rob Sherman’s Young Artist Showcase. In 2008, He won the Mannes Concerto Competition which led him to a performance with the Mannes Philharmonic under the baton of Mr. Michael Adelson. Later that year, he became the concertmaster of the Mannes Philharmonic
In 2009, his chamber group won the American Teacher’s League Cometition and was later featured in Carnegie Hall. Later that year, He had his homecoming concert in the Philippines entitled “Symphonic Virtuosity” with the respected German conductor, Mr. Christoph Poppen. Today, at 20, Diomedes just had his concert debut with the New York Symphonic Arts Ensemble at Julia Richman Auditorium in New York. He was a prizewinner of the Juilliard Schools’s William Schuman Competition and was also featured in a long tradition all-sonata concert of the Juilliard School called “Sonatenabend”. Also, he recently had a concert with the Philippine Philharmonic Orchestra in the Cultural Center of the Philippines per-
Dairy...
NDA,” Land O’Lakes Foundation Philippines Inc. Operations Manager Marilyn Mabale said. Moreover, NDA’s cattle dispersal program follows a multi-year procurement plan which will end the importation in 2013. By then, island-born cattle from the same bloodline of Friesian-Sahiwal breed will be utilized for the sustainability of the program, she said.
“There are a lot of good land here that could be developed to create more dairy farms and you have a big population. The government should see t his industr y growing,” said Livestock Export General Manager Steve Carson. pia-10
from page 2
ditional income and has been helping the country’s economy all the same, because, aside from the milk, newborn cattle are also another source of income,” So said. Likewise, it is also helping the government solve problems in malnutrition especially among children, through their milk feeding program.
“If we improve our local milk production, we will be able to fast track the development of our local dairy industry and also minimize importation,” So added. However, Land O’Lakes’ cattle dispersal program in the Philippines will end in 2012 after the termination of its last 3-year project-based scheme that started in 2009. “But when it comes to dairy development, we will still be partners with the
Tuna... from page 2
the ability to seize business opportunities in an increas-
9
TAMANO
forming Tchaickovsky’s violin concerto. He is currently a sophomore at the Juilliard School studying under the tutelage of Prof. Stephen Clapp. For more information on the upcoming violin concert
of Diomedes Saraza, please feel free to call the Office of Cultural Affairs (OCA) of Liceo de Cagayan University at (088) 8584093 to 95 local 109 or email cultural@ liceo.edu.ph.
ingly global economy.” The GEM Program is one of the USAID-funded programs covered by the Mindanao Peace and Development Assistance agreement between the governments of the Philippines and the United States. The Brussels seafood show will be attended by buyers representing supermarkets, wholesale importers, food retailers, agents and distributors, hotel and restaurant suppliers,
and food service and catering organizations from all over the world. As a side event, a market reconnaissance of key retails outlets in Brussels will be conducted in coordination with the Office of the Philippine Trade Representative. The GEM Program has been assisting Mindanao food companies to expand tuna/PAGE 12
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May 23-29, 2011
Opinion Editor: Nelson Constantino
BusinessWeek
Mindanao
The Magic is in the Mix THINK a minute… A little boy named Mike was watching his mother bake a cake. She put all the ingredients on the table: flour, butter, sugar, baking powder, eggs, and vanilla. Then when his mother wasn’t looking, little Mike sneaked a taste of each ingredient. But they all tasted bad just by themselves! Then he watched his mother mix all the ingredients together, pour them into a pan and then into the oven to bake. That night after Mike had enjoyed 2 big pieces of the cake, he said: “Wow! How can mixing all those BAD tasting things make such a GOOD cake?” His mother smiled and answered: “Son, the magic is in the mix!” You see, sometimes bad things happen to us; and that thing by itself can be terrible and painful. We might get discouraged and lose hope because we think it’s hurt or ruined our plans for a good life. Maybe you didn’t get that job you really wanted; or your daughter dropped out of school because
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she became pregnant. It could be that someone in your family suddenly became very sick. Naturally when bad things like this happen to us, it’s very hard for us to imagine that anything good can possibly come out of it. We might continue to blame ourselves or others for causing these bad things to happen. For example, we might keep making our pregnant daughter feel that she’s a failure and loser because that mistake she made has now ruined her life. But friend, if a person is a failure just because they failed, then we’re all failures! We’ve all failed at one time or another. That’s exactly why Jesus Christ came: to forgive and free us from all our past failures and wrongs so we can have a fresh start. But this time we will have His strength and character living in us. So why not make today the first day of your new life? Sincerely ask Jesus to forgive you for your past wrongs, and to take full charge so He can start changing your life. Then with His power and
help you can start living His way every day. Jesus will even take all the bad things from your past and start mixing them together so that in the end they can actually benefit you. Then instead of being guilty and ruined by those things anymore, you’ll thank God for forgiving you and using those lessons to change you into a much better, happier person. Just think a minute …
Prescription for a new MICE Manual M eeti ngs, Incentives, Convention and Events or MICE are the sources of business for an urban or regional tourism destination. This market segment is recognized not only in the Philippines but all over Asia as the cutting edge of doing business in selling to the professional travelers in search for a destination to hold an event or organize trade and exhibits filing up airline seats, hotel rooms and convention halls. Singapore in the early 90’s made a world impact as one of the best convention and event destination in the world. It hosted Food and Beverage and trade shows where new culinary innovation, product and technology were shown for the first time amidst the enthusiasm and pride of the small island nation. The word “fusion cuisine” started in Singapore where eastern food meet western fare and assimilated into the culture of the Asian
IN last week ’s column, I discussed some telltale signs of deep financial trouble. These signs include having little or no savings, living from paycheck to paycheck, missing credit card payments, borrowing money to pay for debts, and not k now ing how much money you owe until your bills arrive. In this article, I am going to talk about financial planning and how important it is to manage our everyday finances. According to the Financial Consumer Affairs Group of the Bangko Sentral ng Pilipinas, financial planning should be taken seriously. It helps us deal with everyday situations better and prepares us for the most unexpected events. T he FC AG’s We e k ly Wealth Watch newsletter
taste buds. Today, it is the most patronized and ordered in the high end restaurant rows. American and German technologies in hotels and restaurants applications made their debut in those years. Micros Fidelio software that runs the backbone of any hotel and restaurant management systems was introduced and marketed into Singapore as the solution of the business automation. Many events that followed in Asia sustained the product development in the financial sector like on line credit card transactions, money remittance business and electronic fund transfer that later migrated to the Pay Pal. E- Bays and many other jargon in the banking system. The world has an average of 2 billion international travelers per day filling up every space in the subways, seats of bullet trains, mega airline careers, cruise liners up to the rickshaws in Hon-
gkong and the tuktoks in Bangkok are all driven and influenced by Mice. In Macau, a gathering of games and gambling bank rollers culminate every year. Technologies in E-games and other game of chance are modified with the stakes getting higher and bigger. In China last year, the Shanghai Expo brought in millions of travelers and continues to draw a huge crowd until 2013. In the Philippines, recalling back the penultimate years and the collapse of the Marcos Presidency, the government borrowed and invested for a Philippine International Convention Center or PICC and a cursed Film Center. It hosted various gatherings, international beauty pageants and stars studded film festivals wanting to attract foreign travelers to shore up the country’s dwindling dollar reserves as no major investments were coming in. It was a bandaid solution at that time but
prove a saving factor for the Philippines in the next Cory Aquino administration as there was an infrastructure ready to take off. The rise of the convention market was felt during the Ramos administration with his East Asian Growth Areas initiatives or EAGA and his penchant for travel to bring in investors for the government BOT programs. Mice in order to succeed in today’s travel trade business needs a management by objective or joint private and government initiatives to pool their resources for QUIAMJOT/PAGE 12
lists the following suggestions on how to go about planning your finances: Assess where you are now in financial terms. - What is my current financial status? -How much savings do I have? -How long will this last if I suddenly find myself without work? -How much do I owe? Set goals. -I would like to have x amount of funds for my children’s education. -My car is no longer fuel efficient and maintenance costs are mounting; it needs to be replaced. I need to setup funds for a new car in three years. -I should have emergency funds of this much in five years. -What kind of retirement life do I want to have?
Create a financial plan. -What actions do I need to take (in light of my goals)? -I have to prepare a budget and spending plan. -I need to keep track of my cash flow. -Should I consider investment opportunities to augment my income? Implement the plan. -I will choose the best strategy that will help me achieve my goals. -I s hou ld pr i or it i z e my “needs” instead of my “wants.” Monitor and reassess. -I will review and revise my financial plan based on my current situation. So what are the benefits of having financial plans? The FCAG explains that it gives us more control over our financial affairs and the ability to avoid excessive spending, unmanageable debts, and
dependence on others. Having a financial plan also fosters better personal relationships with the people around us and gives us a sense of freedom from financial worries. Lastly, sticking to a plan helps us obtain, use and protect our financial resources even after retirement—benefitting ourselves and our loved ones as well.
Financial Planning
BusinessWeek mindanao
May 23-29, 2011
Singapore sings
SMI’s corporate social responsibility LASTR year, the Public Relations Society of the Philippines (PRSP) honored South Cotabato-based Sagittarius Mines, Inc. (SMI) for its high-tech mobile communications facility during its 46th “Gabi ng Parangal” held at the Edsa Shangri-La Hotel. Dubbed the Mobile Community Information and Resource Center (mCIRC), SMI received the PRSP’s prestigious Anvil Award for Excellence in the Public Relations Tools category. The Anvil Award, the symbol of public relations excellence in the country, is given to public relations programs and tools deemed excellent and of quality by a multi-sectoral jury. SMI GM Mark Williams said the mCIRC is a mobile communications facility that allows the firm to communicate to its various stakeholders on the magnitude and scope of the Tampakan Copper-Gold Project, especially in terms of its environmental and social impacts. Mr. Williams said mCIRC also enables SMI to present important information on
its Sustainable Development (SD) plans and policies to its stakeholders, particularly to its host communities to empower them to formulate a free and prior informed decision of the project. How many other mining firms in the country have taken the trouble to give its host communities and other stakeholders for that matter the wherewithal to reach a “free and prior informed decision” on their projects? The number can be counted by the fingers of one hand. SMI has a Financial and Technical Assistance Agreement (FTAA) with the Philippine Government, for the exploration, development and operation of the Tampakan Copper-Gold Project. The $5.9-billion proposed mining project is located in southern Mindanao, encompassing the provinces of South Cotabato, Sarangani, Sultan Kudarat and Davao del Sur. T he Ta mpa k a n Copper>Gold Project is located on the southern Philippine island of Mindanao, approximately 65 kilometers
Aestivalis Pilot
Miguel Rodrigo north of General Santos City. The Project is situated on the boundaries of four provinces: South Cotabato, Sarangani, Sultan Kudarat and Davao del Sur, and represents one of the largest undeveloped copper-gold deposits in the Southeast Asia-Western Pacific region. The Tampakan Project is a 2.4 billion metric ton deposit, containing 13.5 million metric tons of copper and 15.8 million ounces of gold at a 0.3% cut-off grade. It is operated by Philippine-based affiliate Sagittarius Mines, RODRIGO/PAGE 14
Travel is an activity that broadens the mind but depletes the wallet and exhausts the traveler. It has become a tradition in our family to go on a vacation to foreign shores at least once a year. I don’t have an adventurous spirit, but I have an inquisitive mind that is a glutton for information. I can’t think of a more nourishing feast for the hungry mind than to gain first hand knowledge of another culture through personal experience. I’ve heard so many superlatives heaped on the Lion City of Singapore that I was intrigued to visit it last month. It was everything I imagined it to be, and more. It’s beauty, prosperity, cleanliness, orderliness, tranquility and safety surpassed my expectations and preconceived notions. I had a light bulb moment: This is what a country looks like when it’s free from the evil claws of corruption. My heart bled for our miserable motherland tortured by the cruel beast of corruption. How much longer do we need to suffer before we snap out
Davao malling made classy THE opening of the muchanticipated shopping mall of Abreeza last week has provided the residents of the city, and those of the nearby provinces, a new place to squander their time. The mall, a three-f loor infrastructure that stands in front of the Redemptorist Church in Bajada, now hosts of several stalls and stores that are first timers in the city. Restaurants like the Italiannis and the TGIFridays have started making their presence felt here in this city. There are also new destinations for those who are following the fashion trends as well as other products, most of them high-end. Fashion goods, like shoes and other products of Primer Group of Companies that include the ever dependable North Face and Victorinox brands, have become the main attraction to this new magnet for mallgoers. The mall phenomenon in the city will definitely become a buzz within the next two years as another shopping mall, this time in the SM mixed-use project in Lanang, just three kilometers from where Abreeza is, will open within next year. The fear of some individuals that the city is fast becoming an urban sprawl may not be far-fetched after all. To stop this from happening, the city government must have that political will necessary to divert the development away from the downtown to other key centers. Roberto P. Alabado III, chief planner of the city, said the city government will stick to the result of the zoning plan that is now being reviewed.
Alabado, who finished his urban planning graduate course in Germany, pointed out that the city government must be able to convince the people, particularly the investors to pour their money in other centers that the city is developing just like the already-bustling Buhangin and Calinan. In this world, everything has two sides. Speaking of development, it is heartening to know that the head of big bank, the fourth biggest bank in the country in terms of assets, is a Mindanaoan. Eugene S. Acevedo, president and chief executive of the Philippine National
loose change
carmelito q. francisco Bank, used to play in the grounds of the now closed Paper Industries Corp. of the Philippines in Mangagoy,
11
Bislig Surigao del Sur. Acevedo, who joined the bank 11 months ago, and his team that includes executive vice president for retail banking Joven Hernandez have transformed the bank into an aggressive financial entity out to join the first three banks in the race for the money in the country. Wit h i n t he ne x t si x months, Acevedo and his team would try to put everything in place so that the Lucio Tan-led banks, the Allied Bank being the other one, can merge successfully. Acevedo sa id hav i ng known Mindanao like the palm of his hand, the bank francisco/PAGE 17
of our lethargy and find the strength to fight this detestable culture of deceit and injustice? We look like a foul, f ly-infested garbage dump compared to Singapore’s f lourishing magnificence. Its proliferation of verdant trees and blooming gardens give it a European ambiance. Patriotic taxi drivers proudly inform tourists that Minister Lee Kuan Yew, in the early days of his rule, went to Europe and fell in love with its luxurious gardens and old world charm. So he imported this picturesque environment to his beloved country. Through tough, tenacious determination and pure, honorable purpose he successfully catapulted Singapore from a third world to a first world country. It is not only superior in terms of beauty but also of economy. The Singapore dollar is fast catching up with the mighty US green bucks based on the peso exchange rate of P35 and P43, respectively. In comparison to another Asian economic tiger China, which I visited last year, Singapore has the huge advantage of having English as its second language. You can navigate around the city without fear of getting lost because your destination is just a question away. Singapore’s economic architect, Lee Kuan Yew, was a contemporary of the Philippine’s strongman, Fer-
dinand Marcos. Both were bright, rising stars in the political firmaments of their respective countries. Both knew each other and brushed shoulders in friendship. It had often been said that had Marcos played his hand right, the Philippines would have been another success story like Singapore. When the question was broached to Lee Kuan Yew about the possibility of the Philippines becoming another Singapore under Marcos, he gave this insightful reply: “No, it can’t happen. Marcos loved his own self more than he loved his country.” To put it bluntly, Marcos loved Marcos first, the Philippines second. He should have learned from the wisdom of the ages: You cannot serve two masters at the same time. If you do, you will love one and hate the other. The truth of that statement has set us free... from Marcos! At the heart of corruption is a selfish heart.
Republic of the Philippines REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte RE: PETITION FOR CANCELLATION SPL. PROC. NO. 21-433 OF ONE OF THE TWO “RECORDS OF BIRTHS” AND “CERTIFICATE OF LIVE BIRTHS” OF “PACITA RODRIGUEZ CABIGON” ALSO KNOWN AS “PACITA RODRIQUIZ CABIGON” AND “NOE RODRIGUEZ CABIGON IN THE LOCAL CIVIL REGISTER (LCR) OF LALA, LANAO DEL NORTE, PHILIPPINES, PACITA RODRIGUEZ CABIGON, Petitioner.
- versus –
THE LOCAL CIVIL REGISTRAR (LCR) OF, THE MUNICIPALITY OF LALA, PROVINCE OF LANAO DEL NORTE, PHILIPPINES, Respondent. x - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER
LOT FOR SALE Location Area sqm Brgy. Mandagoa, Balingasag, Misamis Oriental Brgy. Larayan, Dapitan City, Zamboanga del Norte Davao-Agusan Hiway, Bunawan, Davao City Brgy. Annex, Ozamis City
269,603 8,328 873 1,110
Contact: PACCO GLO - 0920-9061709 / (088) 567-1338 BWM April 4,11,18,25, May 1,9,16,23,30, June 6,13,20
A verified petition for Cancellation of one of the two records of births and certificates of live births of Pacita Rodriguez Cabigon, in the Local Civil Registry of Lala, Lanao del Norte, was filed by petitioner Pacita Rodriguez Cabigon on May 3, 2011, praying this Honorable Court that after due notice by publication and hearing, judgment issue GRANTING this present petition – by ordering respondent LOCAL CIVIL REGISTRAR (LCR) of the Municipality of Lala, Province of Lanao del Norte, Philippines, to CANCEL petitioner’s “RECORD OF BIRTH” and “CERTIFICATE OF LIVE BIRTH’ heretofore mentioned which is now recorded as LOCAL CIVIL REGISTRAR NO. 676 (H-77) in their “RECORDS OF BIRTHS”. Finding the verified petition to be sufficient in form and substance, the same is hereby set for initial hearing to AUGUST 3, 2011 at 8:30 o’clock in the morning. Let this order be published in a newspaper of general circulation in the province of Lanao del Norte once a week for three (3) consecutive weeks at the expense of the petitioner. The Local Civil Registrar of Lala, Lanao del Norte, and any person who has an interest in the petition may file his/her opposition thereto within fifteen (15) days from notice of this petition or from the last day of publication of this order. Further, let this Order be posted for fifteen (15) consecutive days prior to the date of hearing on the bulletin board of the Municipal Hall of Lala, Lanao del Norte on the bulletin board of Simpak, Lala, Lanao del Norte where the petitioner was born, and on the bulletin board of this court. The petitioner is directed to notify this Court of the publication of this order three (3) days before the scheduled hearing date. Furnish copy of this Order to the Solicitor General, Makati City, the Office of the Provincial Prosecutor of Lanao del Norte, the Local Civil Registrar of Lala, Lanao del Norte and Atty. Sergio J. Bantiles, Jr., Maranding, Lala, Lanao del Norte and Pacita Rodriguez Cabigon, of Simpak, Lala, Lanao del Norte. SO ORDERED. May 3, 2011. Kapatagan, Lanao del Norte. BWM May 23,30, June 6, 2011
(SGD.) ALAN L. FLORES Acting Presiding Judge
BusinessWeek mindanao
12 May 23-29, 2011
Longest existing pizzeria in town :DI’ MARK’S
Quiamjot...
We often hear people say that an aged wine is far superior to new ones. It is for this reason that wine connoisseurs go for that type despite its accompanying high price! Today, let us focus on an interesting subject – Pizza.
available data in the airline and shipping industries. Hotels and meeting hall capacities, available land transportations, tours and travels, products and services. We could list down seats of arts and culture, fiestas and festivals. It needs government participation and funding to optimize and update tourism data and business statistics for one town one product or OTOP which can open the countryside to the eyes of the world. G over n ment clusters like the National Economic Development Authority (NEDA) the Board of Investments (BOI) and the Department of Tourism (DOT) could be the lead agencies who could provide updated information on government projects and infrastructures in the pipeline as well as new tourism destinations. Most of the government data’s are not updated and has been there
With the proliferation of pizzerias in the country, one has numerous options to choose from. From popular foreign brands to our own homegrown concepts, these pizzerias have sprouted in urban cities and even provincial capitals throughout the country. However, a self-confessed pizza connoisseur friend whispered to me if I have heard of the name Di’ Mark’s? Why of course I replied! I could recall that famous logo of a face of half bald man with red-checkered squares and the classic font of “Di’ Mark’s”. As a young boy, I would look forward to the times my uncles would tug me along to that particular place in Makati Avenue. T he Beg inning of Di ’ Mark’s My curiosity finally led me to the 2nd generation owners of Di’ Mark’s. Nina Fernandez Assad together with her husband Jay has taken the cuddles of continuing the legacy. Over their famous “Mad Scramble” pizza and in a cozy pizzeria in their Taft Avenue compound, I had the pleasure of interviewing the couple. Accordingly, Di’ Mark’s was born in the early 50’s when Nina’s parents Arturo and Lita Fernandez were living in New York. The Fernandez couple would prepare pizza on Friday evenings for their Italian neighbors. Arturo would knead the dough while Lita prepared the rich and thick tomato sauce. The appetizing smell would draw the neighbor’s children to the Fernandez’s yard. No doubt the Fernandez kids became popular; their friendship was their ticket to a free slice of
pizza. In 1956, the Fernandez family moved back to Manila. The parents continued to prepare delectable pizza for family-friends. Thus, with a lot of encouragement, Arturo and Lita decided to open their Pizzeria in April 1957, Di’ Mark’s Pizza Garden, named after their youngest son, Marky. Considering t hat t hey opened with only some borrowed tables and chairs in their own garden, the number of customers started to increase simply by word of mouth. Thus, Di’ Mark ’s Pizza Garden became a cozy and romantic place to go for dinners for two and with families on weekends. To this day, they still cater to pizza connoisseurs. I was even told that there are many popular people making appointments (telephone numbers 525-5354 / 404-0683 12 noon to 9:00 pm) to dine or even hold small meetings. Di’ Mark’s grew to several more branches through the years but the one I remember was Di’ Mark’s along Makati Avenue corner Kalayaan. For years, that corner location catered to sectors of society that have the influence and the purchasing power. One could not miss the parking lot that was always teeming with cars. That famous location had to give in to new planned development in the area. Calculated Growth At present, the pizzeria has four branches. These are located in Tomas Morato Avenue by Alfredo’s, Casa Susana, Madrigal Bldg., Alabang, and Wack-Wack, Mandaluyong. Jay and Nina are presently considering growth and expansion and one attractive route is franchising. However, the couple is carefully reviewing this option before officially opening the doors to interested parties. In fact, Jay mentioned he has been receiving franchise inquiries from interested parties from
within the country and to his surprise, even from foreignbased parties. Truly an example of the power of word of mouth! Considering that no marketing and advertising campaign has been done for several years now. With the legacy left to their care and the brand that is now 54 years old, they are committed to maintaining the same food quality served in 1957 and similar if not completely the same ambiance of the pizzeria that has attracted the market for all these years. This is their commitment to wherever their expansion takes them, here or internationally. My Conclusion As we were talking, I never realized I was able to consume several slices of the famous “Mad Scramble” oozing with generous toppings with delectable variety plus the crunch of a wonderful crust! Di’ Mark’s no doubt has aged to reach 54 years! In my experience as mentor to many businesses, there are entrepreneurs who will not risk letting go to anybody unless they are truly confident particularly when you have a legacy to take care of. Similarly, there is a Chinese restaurant, which has remained with one branch full packed with customers to the brim in Bf Homes Paranaque
and has existed since 1848! The generation managing it just like Jay and Nina, very cautious not to break the legacy they inherited. I hope that it will just be a few more months before Di’ Mark’s finally joins the ranks of franchisors. Jay and Nina assured me that I shall the first to know. One of the foundations of franchising a business is years of experience in the business; ver y much like the “aged wine” there is a premium to having survived the rigors and challenges of 54 years of presence in the market. The franchisees draw from this reservoir of experience of the franchisors. The test of time will surely benefit franchisees. For people looking for a franchise, it is important to determine the Owner’s commitment to the business. If this commitment has been shown for over half a century, will they ever be wanting in their commitment to your growth as a franchisee? Meantime, savor the taste that has made Di’ Mark’s the longest existing pizzeria in town! I agree with their tag line, which goes “What a Difference Our Difference Can Make”! Bon A Petit!
Tuna... from page 9
their access to both domestic and international markets by participating in trade fairs and establishing links with exporters and potential buyers; conducting market information campaigns; and collaborating with government and private sector partners. Last Ma rch, USA IDGEM supported the participation of Mindanao food companies in the 29th International Boston Seafood Show in the U.S.A., and in Foodex Japan 2011 in Chiba Prefecture.
from page 10
Investors... from page 1
Power Sector Assets and Liabilities Management Corp. following its failure to settle real estate taxes with the local government. Earlier, the Energy Developer Co. Ltd. of Seoul, South Korea, a company involved in renewable energy generation,
three to six years old in their respective websites. Can any of these government agencies stand up and underwrite a small investment under the key result areas envisioned by the Executive Order (E.O.) No. 43, of the present Aquino Government, “ to provide focus in the use of government resources to support programs, projects and activities to improve the economy “. An Omnibus Mice Manual for all regions could optimize the growth of tourism. This could be distributed to the national civic and medical associations. The government GOCC’s, foreign trade missions and embassies. By a mandate of EO No. 43, all local government website in the regional provinces and cities could include this Mice Manual under their respective public information websites. In this age of broadband connectivity, the exchange of marketing information travels faster globally. contracted Cagayan de Orobased MERGS Technologies, Inc. to conduct due diligence and feasibility study on the plant following a visit to Iligan Mayor Lawrence Ll. Cruz. F o r m e r l y k n ow n a s the Northern Mindanao Power Corp. (NMPC), the $110-million facility was the investors/PAGE 16
Happy 16th Wedding Anniversary to:
Hon. Vincent Rizal and Eva Martinez Rosario of Libertad, Butuan City last May 10, 2011 Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 28 Mambajao, Camiguin In the Matter of the Petition for Correction of Entry in the Records of Births in the Office of Local Civil Registry of Catarman, Camiguin, changing the sex of the child from Male to Female, Jessan Rey P. Pagute,
SPL. Proc. No. 435
Petitioner,
-versus-
The Local Civil Registrar of Catarman, Province of Camiguin, Respondent. X------------------------------/ ORDER
Main Office: 164 Mother Ignacia Avenue, Quezon City (02) 332-8300 / 0922-8878459 www.bionutriwealth.com/www.members.bionutriwealth.com Tagum Digos Mega Center Iligan Mega Center Urdaneta Mega Center Cabanatuan Mega Center Bulacan Mega Center Palawan Mega Center Solano Mega Center Laog Mega Center
: Near Public market : Christy Melendrez - 0939-5846605 : Dra. Nacion Superable - 0922-8633148 : Loreta Lozano - 0923-7191832 : Manuel Naldaza : : : Irene Luluquisin - 0921-6561277 :
Petitioner, Jessan Rey P. Pagute, is of legal age, Filipino, single and resident of 31 Caimito Street, Carmen, Cagayan de Oro City thru the Public Attorney’s Office, alleges, that she was born on May 14, 1989 at Panghiawan, Catarman, Camiguin to Spouses Rey C. Pagute and Joselyn Pardilla-Pagute whose birth was duly recorded in the Office of the Local Civil Registrar of Catarman, Camiguin as shown by her Certificate of Live Birth but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in her Medical Certificate, Elementary and Secondary School Permanent Records and Voter’s Identification Card. In order to correct such erroneous entry this petition is filed. The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on June 28, 2011 to start at 8:30 o’clock in the morning. Let copy of this Order and of the petition and its annexes be sent to each of the following: Office of the Solicitor General; Office of the Local Civil Registrar of Mambajao, Camiguin and Catarman, Camiguin and the Office of the Provincial Prosecutor of Camiguin. A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three consecutive weeks prior to the date of hearing. Any person or entity whose interest might be adversely affected by the proceedings in this case may file written opposition and personally appear during the hearing and substantiate the same. So ordered. Done in Mambajao, Camiguin, this 15th day of April 2011. BWM May 9,16,23
(Sgd.) RUSTICO D. PADERANGA Judge
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BusinessWeek mindanao
May 23-29, 2011
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Opening salvo for concon gets underway in CDO By MIKE BAÑOS Correspondent
Solons want amendments to meat inspection code By ROSE MARY DOMINGO
CAGAYAN de Oro Rep. Rufus Rodriguez and brother Maximo Rodriguez of Partylist Abamin (Abante Mindanao) recently filed House Bill 4437 that would amend the Republic Act 9296 otherwise known as the Meat Inspection Code of the Philippines. T he t wo repre sent atives find that Section 48 of Republic Act No. 9296 be amended in part by adding a subsection to be denominated as Section 48 (e). Un d e r t h a t s e c t i on , amendments will read as follows: Section 48. Prohibited Acts - No person, firm or corporation shall import, sell or distribute double dead meat or botcha, or meat with foot and mouth disease or any other virus or any ill quarantine meat or meat products.The Rodriguezes find that the law specifically the importation, selling and distribution of “botcha” need to be treated as a criminal offense with provisions of imprisonment. “Botcha” or hot meat is the Filipino term for meat taken from an animal which has died of disease or the meat of a dying or sick animal. Local hog or poultry owners slaughter these animals which died of diseases or before they die and sell the meat goods at a cheap
price to willing meat vendors. The congressmen said that this practice now become prevalent in the country especially in Metro Manila which is very unfortunate because this jeopardizes both consumers and producers by endangering health and disturbing market stability. They added that doubledead meat contains germs and micro-organisms that could cause illnesses like diarrhea and food poisoning.They even claimed that despite the serious consequences of the trade’ and the consumption of these types of animals, penalties under RA No. 9296 or the Meat Inspection Code of the Philippines are insufficient. Furthermore, they said according to the National Meat Inspection Commission (NMIC) the current National Meat Inspection Code has failed to serve as a deterrent against the sale of double dead meat because the penalties are just too low. Under the law, the penalty for the sale of hot meat is confiscation and the imposition of administrative fines. The two representatives find that the sanctions imposed to violators are not enough to discourage botcha vendors of getting out with this kind of business. They then hope the passage of HB 4437 so that consumers will be protected.
THE House Committee on Constitutional Amendments’ drive for a constitutional convention gets underway May 27 in this city. “About seven congressmen with the chairman will be here for a consultation,” said Rep. Rufus B. Rodriguez (2nd District, Cagayan de Oro) in the sidelines of the “Centrist Democratic Forum on Decentralization and Political Reforms among Local Leaders in Northern Mindanao. “All sectors are invited to present their position on the need to change or amend the constitution and what their thinking is on the changes in the political aspect like a unitary or federal form of government, bicameral or unicameral.” Besides Committee Chair Lorteto Leo S. Ocampos (2nd District, Misamis Occidental), seven other congressmen from the committee are expected to join the first regional consultation on Constitutional Amendments. Among them are Reps.
REP. Rufus B. Rodriguez (2nd District, Cagayan de Oro) stresses a point during the May 14 Centrist Democratic Forum on Decentralization and Political Reform in Cagayan de Oro City. Listening intently are (from left) Dr. Peter Koppinger, Konrad Adenauer Stiftung country representative; Philip Camara, Subsidiarity International; Former Chief Justice Reynato S. Puno and Former National Security Adviser Jose T. Almonte (Photo by Mike Banos, NPN)
Angelica M. Amante-Matba (2nd District, Agusan del Norte), Pedro B. Acharon, Jr. (1st District, South Cotabato and General Santos City), Jorge T. Almonte (1st District, Misamis Occidental), Pedro P. Romualdo, Pedro P. (Camiguin, Lone District), Kaka J. Bag-ao (PL-Akbayan) and Rodriguez as members for the majority and Rep. Simeon A. Datumanong (2nd District, Maguindanao).
activities in all of the country’s sixteen regions. The regional consultations are expected to be completed by 2012 because a plebiscite should already be held by 2013, he added. “After all we’re limiting the con con to six months, “Rodriguez said. “This is the best time for any attempt at charter change. We are united in Mindanao because we are going for federalism.”
Bill seeks to stop banks from charging dormant accounts TWO brothers serving in the House of Representatives have filed a bill seeking to stop banks from imposing charges on dormant bank accounts. Cagayan de Oro Representative Rufus Rodriguez and Abante Mindanao partylist Representative Maximo Rodriguez Jr., who filed
House Bill 4438, said they have been receiving complaints from overseas Filipino workers returning home enraged after finding their bank deposits much reduced because of the charges - ranging from P300-500 a month - on their accounts. “This practice has to stop because banks must under-
HAPPY FIESTA AND BALANGAI FESTIVAL 2011 BUTUAN CITY
JOKER RYAN J. BABAEL
AND
STAFF
when, they said, banks earn when they use deposits to extend loans to borrowers at interest rates much higher than what they offer their depositors. Under the bill, funds deposited in accounts that remain dormant despite sufficient notice to the deposi-
BILL/PAGE 17
HAPPY BALANGHAI FESTIVAL 2011 AND FIESTA BUTUAN from: Assistant District Engineer
DEPARTMENT OF EDUCATION BUTUAN CITY DIVISION OFFICE SUPERNTENDENT CITY DIVISION
stand that they are operating primarily to help people and not make money off innocent depositors who may have forgotten about an account or who had to go overseas and left the account inactive while abroad,” the brothers said in the bill’s explanatory note. They also questioned the imposition of the charges
ENGR. RAOUL LERIAS
from:
DAYLINDA TAMPOS
“We see a critical mass of people all over the Philippines who are coming together for charter change,” Mr. Rodriguez said. “We will push very hard in Congress for a constitutional convention because it is what the people want.” Mr. Rodriguez said the consultation in Cagayan de Oro will just the first such consultation and the committee will conduct similar
ACCOUNTANT / CPA
AND
STAFF
HAPPY FIESTA BUTUAN Greetings from:
Engineer
ALBERTO B. BUCA City Government Head II Office of the City Agriculturist
14 May 23-29, 2011
Health
Significance of sense and process Since it is the birthday of my youngest daughter, I would like to share with the readers a very important lesson I learned, while trying to juggle my time as a single mom to my three growing up girls, and as a practicing specialist , years back. Experience, they say is the most important teacher in this world of competition. No amount of medical science, technical knowledge , and the reading of all the books or the “ A “ grades and what have we, can replace common sense ( which sad to say is not that common at all ) and a holistic approach in the problem solv-
ing of a presenting problem: whether it be heath related for the medical doctor, money matters for the businessmen, teaching complicated matters to students by the educators, and even the day to day budgeting for the homemakers! It was one of those days when I had a very hectic day and as I picked my youngest child from school, I saw her eating a chocolate snack bar that at that time was very popular among the students. I did not place too much emphasis on it, and that night, she developed high grade fever. Automatically, I gave her an antipyretic, forgetting
that she had a previous history of allergies to certain drugs. Since I was dead tired , after giving her the medicine, I
Rodrigo...
from page 11 Incorporated (SMI), whose 40% controlling equity is a joint venture among Xstrata Copper (62.5%) and Indophil Resources NL (37.5%). The 60% non>controlling equity shareholders of SMI are the Tampakan Mining Corporation and Southcot Mining Corporation (known as the Tampakan Group of Companies). In December 2009, the Project employed approximately 252 employees and 1,065 contractors, including a weekly average of 202 local community residents, to support the Project’s exploratory
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went back to sleep. An hour after, my subconscious mind could feel her restlessness beside me, so in trying to put her back to sleep, I touched her gently and told her to get some sleep. It was then that I felt some lumps and bumps on her skin and my groggy mind , which seemed to have been disconnected from my scientific mind, failed to connect her history of allergies, to the possibility of another allergic episode due to the chocolate snack bar which was compounded with the intake of the antipyretic , which may have contained a component or two in the mixture that she maybe allergic to. But, worse, I failed to connect in
my mind, that when I touched her, what I felt as lumps and bumps were her urticarial (hives) manifestations! Instead, what entered my subconscious mind was : Oh, God, please let it not be: my child might have lymphoma and I have to do a needle biopsy immediately. It was only then that my scientific mind took over and I rose from the bed, opened the lights, to examine her more closely that I saw the rashes in the form of urticaria all over her upper extremities. A few minutes after the administration of the injectable antihistamine, her manifestations subsided and she was able to sleep. Anaphylactic reactions
can be fatal. These reactions occur when the body is exposed to an allergen ( which cause/ trigger the allergic reaction ), and the manifestations vary: this may be manifested as skin rashes, difficulty in breathing, runny nose, itchiness all over. The importance of identifying what triggers the event, and having a standby medicine can save one’s life. Now, going back to common sense, applying it to the practice of medicine, I would say this simply means, the ability to approach a disease process in a holistic manner. Which, I failed to do that time, and could have cost the life of a loved one, had I acted a minute or two later.
drilling and other operational needs. With such a staggering amount of capital already sunk into the project, why SMI bothered, if at all, to reach its multi-cultural and diverse range of people in the project area should give pause to oppossitors of all mining projects. SMI’s Corporate Communications Manager, John Arnaldo said SMI mCIRC was designed to help the company communicate across the region where people speak at least seven languages or dialects with diverse education levels. Its Touch-screens and 3D technology help present proj-
ect information to stakeholders such as forest and water management, the mine life cycle, and the proposed mine layout. Support materials are presented in English, Tagalog, Bisaya, Blaan and Ilonggo which detail both the potential benefits and impacts of the project. Since its launch in June 2010, over 15,000 people from nine communities within the Tampakan project area and Baguio have already visited the mCIRC, including members of the community to non-government and local government organizations, business groups and primary and secondary school students.
But SMI’s concerns for its stakeholders even goes beyond the “Free and Informed Consent” of its host communities. Last year it received its third Presidential Mining Industry Environmental Award (PMIEA) at the 57th Annual National Mine Safety and Environment Conference held in Baguio City, the second consecutive year it was so recognized. SMI General Manager, Mark Williams, said the company was committed to balancing social, environmental and economic considerations in managing its activities at the Tampakan Project. The PMIEA is awarded annually to mining companies in recognition of best practices relating to performance in health and safety, environmental management, community development, and stakeholder engagement. “Our policies and standards are aligned with the sustainable development framework of our major shareholder, Xstrata Copper, and our stakeholders can be confident that the proposed Tampakan project ref lects global best practices,” said Mr. Williams. SMI received an overall rating of 98% for its Social Development and Management Program (SDMP), Information, Education, Communication (IEC), Environmental Management and Safety and Health programs. The firm received its first PMIEA in 2006 for its industry leading practices. SMI’s sustainability performance was also recognized in a further two categories, with awards for Best Mining Forestry Program and Safest Mine (exploration category). The company’s Maleh Tu Kayo initiative (Blaan for ‘let us plant trees’) received the Best Mining Forestry Program Award (exploration category) from the Department of Environment and Natural Resources for its multi>sectoral approach to reforestation involving volunteers from host and neighboring communities. SMI maintains two largescale nurseries that provide stock for reforestation activities in the region. Since 2005, t he company has trained local residents in seedling propagation and overseen the distribution and planting of over 500,000 seedlings. The Maleh Tu Kayo program has received multiple honors with previous awards in 2006 and 2008. The Safest Mine Award (exploration category) was presented to SMI in recognition of its outstanding safety performance in achieving five million man hours without Lost Time Injury (LTI) in January 2010.
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BusinessWeek mindanao N. Mindanao Tourism:
Shining relentlessly By JOE PALABAO Correspondent
THE tremendous success of Pasundayag 2011 held at the SM Mall of Asia tagged as Power 10 opened Northern Mindanao’s doors to the world of tourism as it continues to shine relentlessly in the international scene and attracts more foreign and domestic tourists. It now catapults the region as a major tourist destination in the country today. The Department of Tourism Trail 2010 reveals number of successful and colorful events highlighted Northern Mindanao as it continues to shine as a tourist destination. The re-appointment of Regional Director Catalino ‘Butch’ E. Chan 111 as Director when the Aquino Administration took over; Cagayan de Oro was awarded by Philippine Tour Operators Association (PhilTOA) as the emerging destination, an award worth bragging for; the year end meeting of tourism regional directors was successfully hosted by the Region 10 and how these Regional Directors wowed and were being mesmerized by the Christmas Symbols Festival of Tangub City, the Christmas Symbols Capital of the Philippines; the region emergence as the as the Number 5 destination with highest domestic sales in the country; Northern Mindanao’s native delicacy-Banana Fritter, popularized by VIP Hotel emerged as top 25 best in the country; Capitol University Chorale won two consecutive international competitions in Indonesia and Malaysia respectively and the continued staging of the region’s leading and oldest festivals like Kaamulan, Lanzones, Christmas Sym-
bols, Kumbira and Kagay-an Festivals. Mr. Chan said that 2010 was a remarkable as the region productively strengthened its Brunie Indonesia Malaysia Philippines (BIMP) connectivity for his designation as the sub-national coordinator of the organization. Mr. Chan added that 2010 was a wonderful year for Northern Mindanao. I thank all the local government executives and stakeholders in the tourism industry for assisting us in achieving our objectives specifically the members of the House of Representatives coming from the region for supporting us during the budget hearing in Manila,” stressed Director Chan Furthermore, the region attributes its achievements to the strong private sector partnership with the different tourism offices and local government units. He pointed out that DOT Regional office will continue to promote the different Northern Mindanao destinations and attractions in every convention and event in the country and abroad. With its director’s initiative, DOT 10 will also start its campaign for the TAPOK 2011 set be held in September 2011 at Los Angeles and invite all Kagay-anons in North America to help promote the region. He hopes that in the coming years tourist arrivals both international and local will increase, more hotels will open and the international f lights comes in and sustained as the Laguindingan International Airport opens in middle of 2011 with full blast operation by 2012. The region has so far maintained its domestic flights among the three maSHINING/PAGE 17
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 23 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE EJF No. 2011-143 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), mortgagee, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against ZENAIDA L. TAWAGON, mortgagor, married to AZIS M. TAWAGON, with postal address at Block 14, Lot 8, Villa Angela Subdivision, Balulang, Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of March 31, 2011 amounts SIX HUNDRED FORTY FIVE THOUSAND TWO HUNDRED NINETY FOUR PESOS and 05/100 (P645,294.05) exclusive of interest, penalty charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff will sell at public auction on May 30, 2011, at 9:00 o’clock in the morning or soon thereafter at the Regional Trial Court, Branch 25, Arch. Hayes Street, Cagayan de Oro City, to the highest bidder, for CASH and in Philippines Currency, the herein described property, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-88652 “A PARCEL OF LAND (Lot 8, Block 14, Psd-104305, 017795 being a portion of Lot 3046-A, Csd-402-D) situated in the Barrio of Balulang, City of Cagayan de Oro, Island of Mindanao, containing an area of One Hundred Twenty (120) square meters, more or less, and all other improvements existing thereon, registered in the name of Zenaida L. Tawagon, married to Azis M. Tawagon.” All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be.
Cagayan de Oro City, May 2, 2011. For the Provincial Ex-Officio Sheriff:
BWM May 16,23,30, 2011
(Sgd.) LOVE M. VERDADERO Sheriff IV
Tourism 15 Liceo’s SRLSFI groundbreaks multi-purpose cottages project May 23-29, 2011
By JOE PALABAO Correspondent
A CEREMONIAL ground breaking of the proposed Multi Purpose Cottages Project for the eleven riverbank barangay beneficiaries of Safer River Life Saver Foundation, Inc. (SRLSFI), Liceo de Cagayan University was held at Zone 4 Barangay 13, Cagayan de Oro City on May 18. The ground breaking was headed by the newly elected President, SRLSFI Board of Trustees, Mr. Rudolf Caesar P. Golez and the concurrent Vice President for External & Cultural Affairs of Liceo de Cagayan University, the multi-awarded environmentalist and Executive Director of Safer River, Dr. Rosalina S. Huerbana, Mr. Jose Ma. Valdehuesa-AVP for Finance, Ms. Cely I. Trio-Director Rodolfo N. Pelaez Foundation, Inc., the Hon. Barangay Chairman of Barangay 13, Pastor Punong-Barangay Lucilo Legaspi of Barangay 15, Engr. Jeo Valerio of Cagayan de Oro City Planning Office, the SRLS Club Members of the community, Barangay 13 Officials, Barangay Women Development Council Members and the community as well. SRLSFI Board of Trustees
(R-L) During the Ceremonial Groundbreaking of Multi Purpose Cottages Project of the Riverbank Barangays of CDO- Mr. Rudolf Caesar P. Golez-SRLSFI Board of Trustees President and Vice President for External and Cultural Affairs of LDCU, SRLSFI Executive Director, AVP for Finance-LDCU Mr. Jose Ma. Valdehueza, Ms. Cely I. Trio-Director Rodofo N. Pelaez Foundation, Inc. and Hon. Barangay Captain Maurino Paasa of Barangay 13, Cagayan de Oro City.
President Rodolf Ceasar P. Golez told Business Week Mindanao that the project is funded by the Australian Embassy Direct Aid Program through the auspices of Safer River Life Saver Foundation, Liceo de Cagayan University to benefit the 1,200 residents of the 12 riverbank barangays beneficiaries of the project. These are the men and women and the out-of-school
RUSH SALE High Value Agricultural Land 12 hectares Location: Aposkahoy, Claveria, Misamis Oriental
Selling Price: P850T Contact: Cell # 09173907847
youth residents along the riverbank barangays of Cagayan de Oro. These are Barangays 7, 10, 13, 15 and 17 together with Barangays of Carmen, Consolacion, Macasandig, Bonbon, Nazareth, Macabalan and Barangay Kauswagan. The multi purpose cottages were designed by Engr, Jeo Valerio of the City Planning Office. As counterpart
and participation of the barangay beneficiaties: labor for the construction of the cottages will be supplied by the residents of the riverbanks barangays. Barangay 13 Multi Purpose Cottage construction materials are now ready and building of the cottage to start anytime. Executive Director Rosalina S. Huerbana in the LICEO/PAGE 17
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MORE POWER to the Press Freedom celebration of the Cagayan de Oro Press Club
Greetings From:
Cong. Peter M. Unabia First District Misamis Oriental
10 16 May 23-29, 2011 Globe...
take on greater challenges ahead, with the market consolidating from page 4 and Globe now up against an even continue to be implemented,” larger competitor,” said Cu, who Globe president Ernest Cu told the was referring to the impending BusinessMirror in a text message. consolidation of rival Philippine In an earlier statement, Globe Long Distance Telephone Co. said consumer sales head Ferdi- with Digital Telecommunications nand dela Cruz will be replaced Philippines Inc., the No. 3 mobile by Ramon Ralph Matriano effec- phone firm in the country. tive July 1. Also on that date, the Globe is prioritizing the upappointment of Chee Loo Fun, a grade and modernization of its Malaysian, as senior adviser for network infrastructure to enable consumer marketing takes effect. it to quickly adapt to the current This, as Menchi Orlina, who cur- fast-moving market. rently heads consumer marketing, Its net income in the first will leave the company in August. quarter of the year stood at P3 bilShe is immigrating to the United lion, 1-percent higher than the reStates. sults posted in the same period last De la Cruz moves to a key year but 30-percent higher than leadership position within the last quarter. Excluding foreign exAyala group of companies. He will change and mark-to-market gains serve as the group director for the and losses as well as nonrecurring east zone business operations of items, core net income was 6-perManila Water Co. cent higher than last year. De la Cruz’s replacement is Revenues rose by 8 percent to Ramon Ralph Matriano. He will P16.5 billion from P15.2 billion. be tasked to lead the sales and The company said growth distribution team of the consumer momentum in the mobile business group. He will also be responsible was sustained, resulting in service for the development of the cellular revenues of P13.1 billion, 4-perfirm’s short-, medium- and long- cent higher than the P12.5 billion term sales and distribution strate- recorded last year. The fixed-line gies for the consumer group and and broadband business likewise the assessment or organizational posted strong revenue perforperformance against both the mance, surpassing last year’s level annual and long-term strategies. by percent to close at P3.4 billion. Matriano has two decades of Globe has 27.3 million subexperience in sales, marketing and scribers at end-March this year. general management in local and multinational companies, including with Coca-Cola and Universal from page 4 pointing out that the volume of Robina Corp. Cu said in an earlier statement car loans has jumped to about that Globe remains focused on dif- three times and that car dealers ferentiating through superior cus- have started to notice the efforts tomer experience, and introduc- of the bank. He said the bank already recing more compelling and relevant products to include not just core ognized that the “problem” was services such as voice and SMS, itself, so it needed to find ways but also innovations to develop to compete with other big banks the nascent but highly promising so it could show to its customers that it can give them the comfort market for mobile Internet. “Our earlier programs are being expected of big banks like already translating to improve- itself, said Joven B. Hernandez, ments in our financial results. This executive vice president and head will provide us the momentum to of the Retail Banking Sector.
PNB...
RA Form No. 10.1 (LCRO) Republic of the Philippines Local Civil Registry Office Province: Misamis Oriental City/Municipality: Medina NOTICE FOR PUBLICATION In compliance with Section 5 of R.A. Act No. 9048, a notice is hereby served to the public that NORBERTA PAGUE BIASONG has filed with this Office a petition (complete name of the petitioner)
for change of first name from NORBETA to NORBERTA in the birth certificate of (first name to be changed)
(new first name to be adopted)
NORBETA PAGUE who was born on 2 May 1949 at Medina, Misamis Oriental and (complete name of document owner)
(complete date of birth)
(place of birth)
whose parents are NORBERTO PAGUE and PETRONILA SALAS. (name of father)
(name of mother)
Any person adversely affected by said petition may file his written opposition with this Office not later than May 30, 2011. (Sgd.) MARINA MAQUIDATO-AMONCIO Municipal Civil Registrar BWM May 16,22, 2011
Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 20 Cagayan de Oro City In the Matter of Correction of Entry in the Birth Certificate of Clibbeth Uy from Male to Female, Clibbeth Uy-Tupas,
SPL. Proc. No. 2011-044
Petitioner,
-versus-
Local Civil Registrar, Cagayan de Oro City, Respondent. X-----------------------------/ ORDER This is a petition for correction of entry in the birth certificate of petitioner alleging among others that her gender was incorrectly recorded as Male instead of Female which this Court treats as a petition for correction under Rule 108 of the 1997 Rules of Civil Procedure and finding the same to be in proper form and substance, the same is hereby set for initial hearing June 6, 2011, at 8:30 o’clock in the morning before this Court at the Hall of Justice, Cagayan de Oro City. Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge. The Local Civil Registrar of Cagayan de Oro City or any person having or claiming any interest under the entry whose cancellation or correction is sought may, within fifteen (15) days from the notice of petition, or from the last date of publication of such notice, file his opposition thereto. Furnish the Office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance. So ordered. Done this 26th day of April, 2011, at Cagayan de Oro City. BWM May 9,16,23
(Sgd.) BONIFACIO M. MACABAYA Presiding Judge
BusinessWeek mindanao In Mindanao, the bank “is comfortable” in extending loans considering that its president is from Surigao del Sur and he knows the potentials of the islands. This year, the bank is planning to grow its loan portfolio in Mindanao to P7.1 billion from P6 billion last year, Mr. Acevedo said. Its commercial loan in the island went up to P3.15 billion, or 41% higher than what was recorded in 2009. Mr. Acevedo ordered his marketing officers to go where customers are as he will lead them in looking for more borrowers, particularly those in the agri-business sector which Mindanao is known for. The bank will also unveil a banking concept that will provide its customers for what they need. For example, the bank is contemplating of opening up a branch in Navotas that will service customers at night considering that the area is the biggest seaport in the country and that there are transactions at night, Mr. Acevedo added.
Diao... from page 14
(hives) manifestations! Instead, what entered my subconscious mind was : Oh, God, please let it not be: my child might have lymphoma and I have to do a needle biopsy immediately. It was only then that my scientific mind took over and I rose from the bed, opened the lights, to examine her more closely that I saw the rashes in the form of urticaria all over her upper extremities. A few minutes after the administration of the injectable antihistamine, her manifestations subsided and she was able to sleep. Anaphylactic reactions can be fatal. These reactions occur when the body is exposed to an allergen ( which cause/ trigger the allergic reaction ), and the manifestations vary: this may be manifested as skin rashes, difficulty in breathing, runny nose, itchiness all over. The importance of identifying what triggers the event, and having a standby medicine can save one’s life. Now, going back to common sense, applying it to the practice of medicine, I would say this simply means, the ability to approach a disease process in a holistic manner. Which, I failed to do that time, and could have cost the life of a loved one, had I acted a minute or two later.
Ship... from page 1
additional capacity would still be welcome as ancillary power to forestall a repeat of the disastrous summer of 2010 when the adverse effect of the El Niño drastically constrained the Mindanao Grid’s hydroelectric power plants which supply over half of the island’s electricity at present. Last week, a representative of a Turkish power firm, Karadeniz Powership Co. Ltd., has proposed to local businessmen during the “1st Mindanao Turkish-Filipino Businessmen Encounter” business matching held in Cagayan de Oro to deploy a 600 megawatt (MW) power ship to Mindanao.
Karadeniz, a subsidiary of Karadeniz Energy Group based in Turkey , aims to provide some 2,010 megawatts (MW) of electricity to over ten energy-short countries in the Middle East, North Africa and South Asia through its “Power of Friendship” project. The project’s first two power ships have been deployed off the shore near Basra in southeastern Iraq and a third to Pakistan. Power ships are large bulk carriers fitted with state-of theart, large bore dual-fuel diesel engines that can run on heavy fuel or natural gas to generate electricity. A power ship can moor at one place for one to five years, making them ideal interim solutions until a a local power plant can be built or the shortage or high demand for electricity is over. Power ships can be moved more easily than power barges to where they are most needed due to their ability to travel longer distances over high seas under their own power. Each power ship is fitted with MAN Diesel dual-fuel engines and generators capable of running on either heavy fuel or natural gas. The first vessel has a 144 MW generation capacity with the next two rated at 180 – 220 MW. “There are large areas of the world where f lexible f loating power stations can make a huge difference and we expect to see more such vessels built in the future,” said Kerim Kiper, head of Bureau Veritas Turkish office. “BV’s unique experience in overseeing both shipbuilding and power plant development gave us the ability to take on these projects.” However, a top official of one of Mindanao’s largest distribution utilities (DUs) has reservations about the scale of the proposed power ship. “The 600 MW power ship is not likely to be implemented,” said David A. Tauli, senior vice president for engineering of the Cagayan Electric Power and Light Co. (CEPALCO). “It is simply too big, and probably more expensive than the Therma Marine Inc. (TMI) power barges.” Tauli said Mindanao needs at most an additional 500 MW until the end of 2014 when new baseload power plants become operational. Over half of the projected shortfall is peaking power. “That will be sourced from the 200 MW TMI barges, with another 100 MW coming from other small diesel fueled power plants,” Mr. Tauli noted. “So the 600 MW plant may be able to get at most 300 MW of power purchase agreements, which makes it an unfeasible project. What the DU’s are looking for, for their requirements to 2014, are diesel plants of 50 MW or smaller, either land-based or barge-mounted.”
the ATM bill payment and can be availed upon registration for the epayment system with a minimum deposit of P500 to Allied Bank. Allied Bank has two branches in the southern part of Bukidnon, one in Valencia City and one in Maramag. Both are serviced by Fibeco. Uy however assured that payments can be made in any Bancnet affiliated banks like Philippine National Bank (PNB) which he said will soon merge with Allied Bank. He added, Allied’s partnership with Fibeco is part of the bank’s social responsibility of providing its services to the consumer-members of the electric cooperative. The Fibeco management led by General Manager Renato Cortezano welcomed the development as part of its innovation to keep up with modern technology and to solve various problems in billing and collection of the memberconsumers’ electric bills. Engr. Cortezano said, the move is part of Fibeco management’s corporatization, innovations made to improve the electric cooperative and the quality of service it gives to its memberconsumers which is power distribution. Fibeco’s planned acquisition on Pulangui lV hydro-power plant and its endeavor of empowering its member-consumers through its programs of creating livelihood and involving the consumers in its initiatives through the MultiSectoral Electrification Advisory Council (MSEAC) are just part of the electric cooperative’s thrust of upgrading and image building to corporate stature. In an interview, Fibeco Board President Raul Alkuino emphasized that corporatizing the electric cooperative is also a way of making the electric cooperative globally competitive and a good measure for collective efficiency among its employees and consumer-members. Aside from its implementation of e-payment system, Fibeco implemented reforms such as reengineering of its meter-reading system, rehabilitation of distribution lines, re-building of its headquarters and area offices, corporate culture development and specifically the development of Pulangui V and a 3 mega-watt power plant. These reforms were lauded by National Electrification Administration (NEA) administrator Edita S. Bueno. Administrator Bueno said, Fibeco has maintained its status as a “Green EC” for the past 5 years, its category in consistent A+ from 2007-2010 which attest to its very satisfactory rating in corporate governance. The electric cooperative also managed to energize 100% of its potential barangay areas. Bueno attended Fibeco’s 39th from page 1 anniversary as an electric coopthe electric consumers would no erative. With her are NEA Deputy longer go to the Fibeco office to Administrator Edilberto I. Bassig make payments but just deposit it and 1-CARE Representative Miin the nearest Allied Bank ATMs. chael Angelo Rivera. An exclusive Fibeco ATM Maramag Mayor A lice P. cash card will be used in doing Resus also attended Fibeco’s an-
Fibeco...
HAPPY FIESTA BUTUAN & BALANGHAI FESTIVAL
EDDIE ENTANO Construction Supply We make hollow blocks @ Kinamlutan Hiway Butuan City We also sell meat product: @ Butuan City Super Market & Cabadbaran Super Market
niversary celebration. In her speech, Resus commended the cooperative for its thrusts of not only providing the power needs of the people but in reaching out to its needy consumers by coming out with livelihood programs that augment their needs enabling them to pay their basic electricity bills. Fibeco celebrated the event in retro theme, reminiscing the electric cooperative’s humble beginning and ended it by giving plaques of appreciation and cash gifts to its loyal employees who have worked with the cooperative for the last 30 years.
Brands... from page 1
for its brands in the newly-opened shopping mall of Abreeza. Jacky E. Quintos, chief operating officer of Primer Group of Companies, said that the revenue target was based on the performance of the company last year. “We are even bringing a lot of new brands among them Volcom (An American brand for readyto-wear and other products),” Mr. Quintos said as the company invested P20-25,000 for every square of the 1,000 squares that it is renting in the mall, part of the 10-hectare mixed use project of the Ayala Land Inc. and the Anflo Investment and Management Corp. The investment, Mr. Quintos added, did not even include other incidentals like signages and the inventories of the stores and kiosks, among the Travel Club and Bratpack stores. The company has enjoyed brisk sales since it started opening stores at SM City in 2002 when the mall started operating. The company also has a kiosk at Chimes, another department store for high-end brands. Although he did not mention the volume of sales, Mr. Quintos said it was “big” as Mindanao is contributing 12% of the annual revenues of the company, a multinational one Because of the brisk sales that the company was making in this part of the country, Mr. Quintos said the company even asked the mall operator, the Accendo Commercial Corp., of bigger spaces as it is planning to bring into the city more foreign brands which Mr. Quintos did not specify. The company was even planning to put up Recreational Outdoor Exchange, a store for outdoor sports and recreation, at Abreeza mall, but since there was no available bigger space, the company decided to scrap the plan. The requirement was an 80-square meter area, Mr. Quintos explained. For its Mindanao market, the company is banking on buyers from Southern and Central Mindanao considering that some wealthy families have splurged on these foreign brands. For example, Mr. Quintos explained, a political clan in Central Mindanao phoned one of its stores at SM City Davao to close it down as members of its family members wanted to make the stores exclusive to them. However, the store refused to accede to the request, but the family members still went on to buy the goods they wanted. Aside from its stores in the city, the company also has four stores in General Santos City, three of them at Robinsons Mall and another one in KCC Mall. In Cagayan de Oro City, the company also have five stores that are company-owned, two of them at Limketkai, the others at SM mall. It also has store in Limketkai, but it is wholesaler-operated.
Investors... from page 12
tracked build-operate-transfer power project that is controlled by a local firm. It was commissioned in 1993 as an offshoot of the independent power producers initiative of the Ramos administration and is a joint undertaking of the Alcantara Group and Tomen Corp. of Japan. Prev iously desig nated as NMPC-1 and NMPC-2, the plants were renamed as the Iligan Diesel Power Plant 1 and 2 when the two units were turned over to the National Power Corp.
17 MisOr. Today Stable power supply is the issue, says Moreno BusinessWeek mindanao
May 23-29, 2011
Cagayan de Oro City – The real issue is the sustainable availability of adequate and cheap power supply to meet Mindanao’s increasing demand, according to Misamis Oriental Governor Oscar S. Moreno. “Privatization [of Agus which represents more than and Pulangi hydroelectric 50 percent of the entire power plants] or to defer it for the generation in the Mindanao 10 years is not the real issue grid. here,” Moreno said in his “The discussion on the message during a forum on Epira [Electric Power IndusFriday (May 13) at the Pryce try Reform Act] was historPlaza Hotel here. “If you ic,” he pointed out and that defer, you are limiting your he was with then Cagayan options.” de Oro City lone representa The governor, who was tive Constantino G. Jaraula Misamis Oriental first dis- as well as then congressman trict representative for two now Senator Francis Esterms in Congress, recalled cudero in registering their that during the 11th regular oppositions. “We (in Mindsession he was among the so- anao) voted as one!” called Mindanao block who For his part, Jaraula who voted against the privatiza- became city mayor of Cagaytion of hydroelectric plants. an de Oro after his three Hydroelectric plants in terms in Congress, told the Agus and Pulangi in La- forum participants that he nao Norte and Maramag, voted against the Epira twice, Bukidnon generate about the bicameral report as well 980 megawatts of electricity as in its ratification in the
House. “Do not look at the [hydroelectric] plants entirely as plants but look at the basin and the lake. Once you privatize the hydroelectric plants, you should also privatize Pulangi river basin and Lanao Lake,” the former legislator stressed. Organized by a newly formed Coalition of Mindanao Power Consumers, backed by Xavier University here, the forum was graced by Senator Francis G. Escudero and Batanes Representative Henedita R. Abad, chairperson of the House Committee on Energy. Abad and Escudero, cochairperson and member of the Joint Congressional Power Commission, respectively, assured the forum attendees that their collective sentiments will be taken up in the House of Representatives and
Senate and would reach the Office of the President. After receiving a copy of a position paper presented by Coalition of Mindanao Power Consumers president Melv yn D. Eballe, Escudero commented that it is not a choice between two options, between not available and cheap and available yet expensive, adding that availability of stable and cheap electricity should be the ideal. He said he would push for the extension of the “life” of the Joint Congressional Power Commission since it is supposed to cease in June this year. “Nowadays privatization [of vital utilities] is no longer a solution since there are residual powers of government, hence it must get involve.” Escudero said that there is supposed to be competition
among industry players under the privatization scheme but the result is that they just agree to share among themselves the returns of investment. Abad, on the other hand, informed the forum participants that the House Committee on Energy has already passed Resolution 77 in February this year urging members of Congress for the deferment in the sale of Agus and Pulangi hydroelectric plants. “We shall be conducting public hearings on the deferment of proposed privatization of hydroelectric plants.” Also present during the forum were Cagayan de Oro City first district representative Jose Benjamin A. Benaldo and Abante Mindanao Patry-List Representative Maximo B. Rodriguez Jr. Most of those who at-
Liceo...
Shining...
overview of the project told the residents that with the completion of these cottages, the 12 riverbank barangays project beneficiaries will already have a venue for monthly meetings, seminars and trainings and display products of their respective livelihood projects to augment their income. Presence of the Multi Purpose Cottage Project to these riverbank barangays are concrete indications of the dedication of SRLSFI in their work for the continuous preservation of the biodiversity of Cagayan de Oro Rivers for the generation to come. Safer River Life Saver Foundation, Inc. is envisioned in promoting genuine participation in building a peaceful and responsive society for a clean, green and wholesome environment.
jor airlines with three major destinations in the country namely Manila, Davao and Cebu. Aside from the flights, it has also maintained its linkages to major sea ports in the country namely Cebu, Manila, Iloilo, Bacolod and Camiguin, Iligan, Mukas, Plaridel and Ozamiz within the region. Inter Isla nd is being reached by the biggest shipping conglomerate of Negros Navigation Shipping Lines and Superferry. It’s landlink is also served by various transport companies that ply to key cities in the Mindanao Island including Manila through Rural Transit of Mindanao, Inc., Super 5 and Philtranco. Mr. Chan said that more surprises await the tourists coming to the region as Lanao del Norte will strengthen its claim to be the Motocross
Capital of the country: Tinago Falls will have its full development as well Misamis Occidental Aquamarine, Hugyaw sa Kadagatan Festival of Kauswagan, Lanao del Norte which gains recognition from tourists and balikbayans of the area and Lasang Secret Adventure in Misamis Oriental; Camiguin will not only be the eco-tourism capital of the region but also the sports capital as it inaugurated its Camiguin Sports Complex this year 2011; Bukidnon’s seven (7) indigenous tribes will still be showcased in the Kaamulan Festival as well as Maramag town’s claim to be the water recreation capital of the country will be realized as more resorts will be opened and developed. Northern Mindanao Pasundayag 2011 held at the Mall of Asia Manila was a BIG HIT in the Philippines in the first quarter of the year. It was the first ever Tourism show to
hit Metro Manila and gained tremendous support from the industry and opened Northern Mindanao its Doors to the World of Tourism. In the preparation and soon to be launched is the again the first ever COFFEETABLE BOOK that will feature Northern Mindanao which is authored by the Regional Director himself.
multinational financial institutions in the past, is not just a welcome development. It is a development worth the notice of everyone.
from page 15
from page 15
DXCO 1044 KHZ, Radyo Asenso
Radio Corp. of the Philippines Igpit, Opol, Misamis Oriental MS. FRANCISCA C. ASUNTO Station Manager
RONNIE M. WANIWAN
ANDREW LIBREA
Chief TIME of Reporters SLOT 6:00 - 7:00 A.M. PROGRAM TITLE ANCHORMAN 7:00 - 7:30 A.M. Isyu Og Komentaryo Rey T. Abacahin 7:30 - 9:00 A.M. Radyo Asenso Balita Rey Lebria Ronnie Waniwan 9:00 - 10:00 A.M. Bulgaranay 10:00 - 11:30 A.M. Ang Katilingban Karon Dondon Yrat 11:30 - 1:30 P.M. Iran Mercado Asenso Ka Pinoy Ronnie Waniwan 3:30 - 4:30 P.M. Lampornas 5:30 - 6:30 P.M. Ric Ociones Ang Isyu Karon Radyo Asenso Report Harry del Puerto Program Director
ASENSO REPORTERS SANTOS J. BENSAL PEDRO S. SANORIA RAMONITO B. CARCALLAS VERGELIO E. SAMBAS JERRY BILAR BEBETH ARO - TRAFFIC OFFICER
Francisco...
from page 11 will now try to improve its marketability in the island which in the past was ignored even by the national government which sold the bank to Tan and other investors. If this succeeds, it will make Mindanao a better place not only for banking but for other investments and will eventually be able to get up from a long slumber and be prosperous. The entry of Mr. Acevedo into the Philippine banking, having worked in
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 28 Mambajao, Camiguin In the matter of the Correction of Entries in the Record of Birth of the Civil Registry of the Municipality of Catarman, Camiguin, Malou Sanchez Pole
SPL. Proc. No. 437
Petitioner,
Bill...
from page 13 tors will be transferred to the National Treasury for use of the national government. Under the bill, current or checking accounts with no activity (deposits or withdrawals) for three years will be deemed dormant or inactive. For savings accounts, the period is five years. After the review of the accounts, banks are tasked to send a letter to the depositor encouraging her or him to use his account. In case of checking accounts, the banks
In Re: Petition for Correction of Entry in the Certificate of Live Birth of Homero Caydoy Hera under the space “Date of Birth” which has been registered as February 20, 1958 instead of February 20, 1952. For: Correction of Entry Homero Caydoy Hera,
Petitioner.
-versus-
The Local Civil Registrar of Baroy, Lanao del Norte, Respondent. X - - - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER
The Local Civil Registrar of the Municipality of Catarman, Respondent. X---------------------------/ ORDER Petitioner, Malou Sanchez Pole, is Filipino, 22 years old, single and resident of Lampuyao, Catibac, Catarman, Camiguin thru counsel, alleges, that she was born on February 11, 1989 at Lampuyao, Catibac, Catarman, Camiguin whose birth was duly recorded in the Office of the Local Civil Registrar of Catarman, Camiguin as shown by her Certificate of Live Birth but which birth record erroneously recorded her Sex as MALE when in fact and in truth she is a FEMALE as shown in her Medical Certificate, issued by Dr. Gretchen L. Cabalang, Provincial Health officer II of the Provincial Health Office, Mambajao, Camiguin. In order to correct such erroneous entry this petition is filed. The petition being sufficient in form and substance is hereby set for hearing in this Court’s Session Hall on June 28, 2011 to start at 8:30 o’clock in the morning. Let copy of this Order and of the petition and its annexes be sent to each of the following: Office of the Solicitor General; Office of the Local Civil Registrar of Mambajao, Camiguin and Catarman, Camiguin and the Office of the Provincial Prosecutor of Camiguin. A copy of this Order is required to be published at petitioner’s expense in any newspaper of general circulation in the Province of Camiguin once a week for three consecutive weeks prior to the date of hearing. Any person or entity whose interest might be adversely affected by the proceedings in this case may file written opposition and personally appear during the hearing and substantiate the same So ordered. Done in Mambajao, Camiguin, this 27th day of April 2011.
BWM May 23,30, June 6
tended the forum were general managers, board chairpersons and directors of 33 electric cooperatives that compose the Association of Mindanao Rural Electric Cooperatives, Inc. (Amreco). – Uriel C. Quilinguing/Misamis Oriental Provincial Press Office. should ensure that the monthly statement of accounts reach the depositor, or take extra steps if the depositor cannot be located. The segregated dormant accounts will be placed under the joint custody of two responsible bank officers or employees, and a separate ledger control for these will be maintained. After one year has lapsed without any activity on the account, the bank is mandated to send a notice to the depositor informing her or him of the inactivity. Thereafter, banks should notify depositors every six months. Three months before an account expires, the bank should send a final notice to the depositor about the impending transfer of the money to the National Treasury.
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region Branch 07 Tubod, Lanao del Norte
-versus-
MORENO
(Sgd.) RUSTICO D. PADERANGA Judge
A verified petition for correction of entry in the Certificate of Live Birth of HOMERO CAYDOY HERA was filed before this Court on May 05, 2011, praying among others that after notice, publication and hearing, an Order be issued directing the Respondent to effect the correction sought for. Petitioner alleges that he is a Filipino, of legal age, married and resident of Barangay Sagadan, Tubod, Lanao del Norte. Respondent is sued in his official capacity. He is the son of spouses ANTONIO CUEVAS HERA and ISABELA CAYDOY HERA and was born on February 29, 1954 at Sagadan, Baroy, Lanao del Norte. His facts of birth duly registered at the Respondent’s office. However, under the entry of the “Date of Birth”, it was erroneously entered as February 20, 1958 instead of February 20, 1952 which is his true and correct birth date. That he was lawfully married to Meriam M. Alfon on September 9, 1975 at the Assembly of God, Baroy, Lanao del Norte and the record of their marriage was officially recorded/registered at the Respondent’s Office. In that Marriage Certificate under the space “age”, it was entered that the date of his marriage, he was 23 years and months old which proves the fact that he was truly born on February 20, 1952 not February 20, 1958 as appearing in his record of birth. That he has two children, namely: GEOVANNI ALFON HERA and JACKY ALFON HERA. His age was truly reflected in their respective Certificates of Live Birth that indeed, he was born on February 20, 1952 because at that time of birth of Giovanni Alfon Hera, he was 26 years old and when Jackie Lou Alfon Hera was born, he was 31 years old, simply explains that he was born on February 20, 1952. That he consistently using February 20, 1952 as appearing in his Postal ID, Professional Driver’s License. There is a need to correct and change the entry of the facts of birth of petitioner especially his “date of birth” to avoid confusion and to conform to his true facts of birth. That petitioner has no derogatory records and pending cases whether criminal or civil field against him. His sole purpose of filing the petition is to correct and straighten his birth record as to his “date of birth” to correct it from February 20, 1958 to February 20, 1952, his true date of birth. Set the initial hearing of this case to June 28, 2011 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court on said date and time to show cause why said petition should not be granted. Furnish copy of this Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Office of the Local Civil Registrar of Baroy, Lanao del Norte, Public Attorney’s Office in Tubod, Lanao del Norte and to the petitioner, Homero Caydoy Hera whose address is at Sagadan, Tubod, Lanao del Norte. Petitioner is hereby directed to publish copy of the Order citing the petition at Business Week, a newspaper of general circulation for three consecutive weeks, at his expense. So ordered. Tubod, Lanao del Norte. May 6, 2011. BWM May 9,16,23
(Sgd.) ALAN L. FLORES Presiding Judge
BusinessWeek mindanao
18 May 23-29, 2011
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1. QAPI - CDO J.R. BORJA ST., C.D.O.C. 72-40-58/857-4113 2. QAPI-ILIGAN DY PICO BLDG., LUNA ST. 063-221-3646 0917-632-5305 3. QAPI-VALENCIA T.N. PEPITO ST. 088-828-2090 0917-632-5306 4. QAPI-BUTUAN COR. MONTILLA VILLANUEVA ST. 085-815-2422 0917-632-5301 5. QAPI-PAGADIAN San Francisco District 062-214-1754 0917-632-5308 6. QAPI-OZAMIZ J.P. RIZAL COR. LAUREL ST. 088-521-0917 0922-650-1879 7. QAPI-SURIGAO MAGALLANES ST. 086-826-1170 0917-632-5310 8. QAPI-DIPOLOG GEN. LUNA COR. OSMEÑA ST. 065-212-4327 0922-3045-290 9. QAPI-GENSAN SUN CITY SUITES NAT’ HI-WAY 083-301-9002 10. HAPI-OSMEÑA OSMEÑA EXTENSION, 72-63-13/856-4019 11. HAPI-DUMAGUETE MARIA CRISTINA ST. 035-225-1581 0922-8501-349 12. HAPI-TAGBILARAN C.P. GARCIA AVE. 038-235-3037 0922-8501-877 13. SAPI-CARMEN VAMENTA BOULEVARD 858-1660 14. SAPI-PALA-O Palao Extension 063-221-2607 0917-632-5313 15. RAPI-CAPISTRANO CAPISTRANO ST. 856-4929 16. RAPI-TACLOBAN ZAMORA COR. STO. NIÑO ST. 053-325-9957 0917-632-5339 17. CQ-LIFESTYLE CENTER J . R . B OR J A S T . 57-9001-04/ 714136-37 / 857-9094 0922-8228071 18. CQAI-CEBU OSMEÑA BOULEVARD 032-254-5899 0922-8228-068 19. CQAI-IPIL PRES. QUIRINO ST. 062-333-2491 0917-632-5321 20. CQAI-ZAMBOANGA Zone 3, Nuñez St., 0922-8501-339 062-992-2890 21. CQAI-MARANDING HIGHWAY, LALA, LDN 063-388-7116 0917-632-5333 22. CQAI-ORMOC AVILES ST. 053-255-7593 0922-8501-359 23. CQAI-SIDANGAN ZAMORA ST. 065-224-2802 0917-632-5336 24. CQAI-TALISAY Bulacao TALISAY CITY 032-272-1192 0922-8228-065 25. CQAI-TAYTAY No. 9 RIZAL AVE., 02-669-1182 0922-8228-067
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BusinessWeek mindanao
Liceo’s Yu wins in Prisaa 2011 tilt LDCU and well mentored by PRISAA Region 10- Assistant Athletic Director Jose Valdehueza, MBA-AVP for Finance, Liceo de Cagayan University and Dr. Lesley Lubos, a celebrated bio-diversity guru of LDCU. Along with Yu, 2011 National PRISAA Collegiate Games are the Ten (10) Gold Medals won by LCDU Team of the Arnis Event, a Gold Medal for Judo and eight (8) Bronze Medals for JudoKarate-do, Softball, Lawn Tennis and Vocal Solo Performance. Giving hues, colors and full support to Cagayan de Liceo University (LDCU) for the 2012 PRISAA-National Collegiate Games is the presence of the newly elected President of PRISAA Region 10- Dr. Mariano M. Lerin, CPA along with Athletic Director- Dr. Jose Vicente Noble of LDCU.
By JOE PALABAO - Correspondent
LICEO de Cagayan University’s Yol Bryan C. Yu recently bagged first runner-up in the Search for the 2011 National Ginoong PRISAA held last Yu bested all eight other faiths yet the uniregional candidates of the versal language of most prestigious search for sports allow everyGinoo and Mutya 2011 Na- one to affirm and tional Private Schools Athlet- a p pr e c i a t e e a c h ic Association (PRISAA). The other’s differences. search is one of the highlights “Like many of of the National Collegiate you as athletes, I am Games 2011 participated in also a hybrid of a by the 17 regions all over the mixed marriage of a Spanish mother and country. The Liceo pride was ad- a Chinese father, yet judged Best in Talent as he this mixture has beperformed and sang Posible, come our common Yol Bryan C. Yu a song popularized by River- denominator, our maya with a guitar accompa- unifying element: sports,” he a Grand Case Presentor, niment and played the Conga said. NCM501-202 Level Grand and danced to its beat that Yu is a multi-talented Case Presentation. An outLicean. He was a consis- standing Male Model of mesmerized the audience. As one of the five (5) tent high school and college the creations and designs finalists and the only candi- scholar of the renown and of the famous CDO and date from Mindanao vying prestigious Liceo de Cagayan Mindanao Prince of Haute for the title got the nod of University which molded Couture-Gil Macaibay 111. the judges and catapulted him to become a multi-fac- Yu was suppor ted by him as 1st Runner-up when eted person and graduated he f luently elucidated and BS in Nursing at Top 10% of DO U LUK OLDER DAN UR AGE? Y? shared his thoughts on the the class of 2011. Scientific Research has proven that STRESS & EXTREME TENSION without an outlet may be the cause of up to PRISAA Theme “Sports for He was a Silver Aca80% of many diseases, including high blood pressure, Sustainable Peace, Unity and demic Meda l Awardeeulcers, insomnia, and sexual problems. STRESS whether Healthier Filipinos.” Associate in Health & Sciphysical or emotional shows in the body, & it makes you Yu said that even if we ence Education in 2009 look years older. speak of different tongues and a Dean’s Lister in 2007. and come from different He was also awarded as TREAT YOURSELF TO THAT WELL DESERVED REST & RELAXreconnaissance of key retails ATION outlets in Brussels will be confrom page 2 & BRING THAT ducted in coordination with the YOUTHFUL the ability to seize business op- Office of the Philippine Trade GLOW BACK portunities in an increasingly Representative. TO LIFE. global economy.” The GEM Program has been The GEM Program is one assisting Mindanao food comof the USAID-funded pro- panies to expand their access to grams covered by the Mind- both domestic and international anao Peace and Development markets by participating in trade - GOLDEN BLIND! Assistance agreement between fairs and establishing links with Visit us now! the governments of the Philip- exporters and potential buyers; pines and the United States. conducting market information The Brussels seafood show campaigns; and collaborating Honest to Goodness Shaitsu & Sweddish Therapeutic will be attended by buyers with government and private Massage Services complemented with Facial representing supermarkets, sector partners. Strokes, Accupressure and Reflexology. wholesale importers, food reLast March, USAID-GEM GOMEZ-PABAYO STS., infront of CHANA BEAUTY SALON tailers, agents and distributors, supported the participation of Tel. Nos. 856-4841 or 857-4659 hotel and restaurant suppliers, Mindanao food companies in Present this ad and get P20.00 and food service and catering the 29th International Boston organizations from all over Seafood Show in the U.S.A., and off from our regular rate. the world. in Foodex Japan 2011 in Chiba As a side event, a market Prefecture.
May 23-29, 2011
HOTELS RESTAURANTS 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] 858-2381/ 859-2294, 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
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
Tuna...
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
Golden Blind Masseurs
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
Limketkai,Drive,CDO Tel. No. 729111 / 856-2654 / 729455
Red Palm Inn
Our Ham Products
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
The famous SLERS Jamon de Cagayan also known as Legham is prepared the old- fashioned way: a long process of salt curing and natural smoking. This ham is fully cooked packed in a “katcha” cotton bag ready as a giveaway present or to eat.
Cagayan Riverview Inn
Vamenta Boulevard, Carmen CDO, Tel. No. 729039/858-4247/ 858-4245, E-mail:river@philcom.com
Country Style Ham, the flagship product of SLERS, is prepared naturally and dry-cured in salt, smoked over fragrant hardwoods, and is aged at least six months. A perfect addition to your dining table during special occasions, festivities, and Christmas Holidays.
Chali Beach Resort
Cugman,CDO,Tel. No. 723929 / 855-2108 E-mail:chali_beach@yahoo.com
Nature Pensionne
Picnic Ham, also known as pork shoulder, undergoes the same smoking process that gives it that distinct taste inherent in ham but is served with the skin on providing it with a unique texture.
Toribio Chavez Sts., CDO Tel. No. 723598 / 723718 / 857-2274
NEW DAWN PENSIONNE
The SLERS Pearshaped Ham, visibly unique, is distinctively cured to bring out a special type of sweetness, with just the right amount of salt to give this tender meat its unmistakable great taste.
Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservation@yahoo.com
Middleton Apartelle Lirio St. Carmen, CDO Tel. No. 723665 / 723580 / 858-4839
Sweet ham, as the name suggests, is thinly sliced ham that will delight the entire family with its lovely texture and sweet flavor.
Sir George Pension House Pabayo-Gaerlan St. Cagayan de Oro City tel. No. 856-1990, 856-2004, 856-4447
Beef Pastrami is naturally smoked, rolled and garnished with generous amounts of ground black pepper and other spices. This extraordinary dish is great on its own.
SLERS Corporate Office
Velez corner Del Pilar Streets, Cagayan de Oro City Phone (088) 855-1438
Ham and Cafe Outlets
Cagayan de Oro Velez Corner Del Pilar Streets Phone Numbers (088) 855 2426 and (0923) 4199865 Manila: SM City North Edsa, Skygarden Phone numbers (0922) 7179528
19
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
20 May 23-29, 2011 Landbank...
from page 1 The P500-million Primavera Residences will be a 10-storey, 18,000 square meter mixed residential and commercial units divided into two phases. Construction has started on Tower A (North) while Tower B (South) will commence construction as soon as the first phase reaches around 60 percent completion. Project completion is expected to be completed within three years: Tower A by 3rd quarter of 2012, and Tower B by the 4th quarter of 2013. Chairman/CEO Romulo Valentino Nati said Primavera will also be the first eco-friendly building complex in Mindanao designed with green features such as solar photovoltaic panels for Renewable Energy Production, optimized power and
water usage, and maximized natural lighting and ventilation which can save up to 20% of the building’s energy consumption. Landbank ’s support to housing development as among its priority sectors stood at P8 billion as of end-2010. Shown during the loan signing are LBP Account Management Group head SVP Edward John T. Reyes shaking hands with Italpinas Chairman/CEO Romolo V. Nati. Also in photo are (from left) Harold J. Dacumos and VP Jose D. Leviste III of Italpinas and LBP Corporate Banking Dept. II head AVP Vilma V. Calderon and Account Officer Sheila Marie S. Talosig. For more details please call (63) 921-4156737 or fax (63) (2) 889-9292 or email g.magadan@ italpinas.com,/ s.delavega@ italpinas.com
BusinessWeek mindanao
HONEST PUBLIC AREA ATTENDANT
RICHARD DACUA of the Housekeeping Department of Pryce Plaza was awarded a Plaque of Appreciation and Gift Certificates for his honesty and exemplary conduct in returning guests valuables to the owner he found while cleaning the hotel function hall. Witnessing in giving the award shown in picture from left is HRD Officer Lenny M. Omiping, Sr. Sales & Marketing Manager Janet C. Bernasur, Hotel General Manager Ped T. Quiamjot, awardee, Richard Dacua and Resident Manager Engr. Concordio J. Cagampang. PRYCE PLAZA is a DOT accredited 4 Star hotel in Cagayan de Oro City with Sales and Reservations Office located at the 17th Floor Pryce Properties Corporation, Pryce Center, 1179 Don Chino Roces Avenue corner Bagtikan Street, Makati City with Tel. No. (632) 899440 or Fax No. (632) 8996862 and Website address www. pryceplaza.net