BUSINESSWEEK MINDANAO OCT. 5,2012 by BusinessWeek Mindanao

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www.businessweekmindanao.com Issue No. 113, Volume III • Oct. 5-7, 2012

Market Indicators

AS OF 5:57 PM OCT. 3, 2012 (Wednesday)

FOREX

PHISIX

US$1 = P41.60

5,348.68 points

; ; Briefly 16 cents

40.16 points

ARMM tourism

MARAWI City -- The Department of Tourism (DOT) in the Autonomous Region in Muslim Mindanao (ARMM) conducted a forum last week to tackle multi-sectoral perspectives on how to advance the tourism industry in the region. The discussions during the forum were premised on the “Path to Peace” with insights from security forces, legislators and tourism advocates in the ARMM. DOT-ARMM Secretary Nassreena Sampaco-Baddiri said while sustainable community-based tourism generates economic benefits, partnership with the security sector is also a must, given that peace and tourism development works alongside.

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Another power lack as Steag shuts down units By BUTCH D. ENERIO, Reporter

HE Mindanao grid will experience less electricity in the coming weeks as Mindanao’s first 210 megawatt (MW) coal fired power plant situated Misamis Oriental announced that it will undertake a preventive maintenance shutdown (PMS) for its two turbines.

Steag State Power Inc. (SPI) in a statement, said that the PMS will happen starting Oct. 6 until Nov. 4 for the first 105 MW generator unit and followed by the other turbine on Oct. 29 to Nov. 10 this year. SPI said that PMS work is the first that the plant will undertake since it was established six years ago. “This will be the first time for SPI to undertake such a relatively long planned plant outage in six years after start

Greening program

PERSONNEL from the Department of Labor and Employment (DOLE) Western Misamis Oriental Provincial Office took respite from work over the weekend and planted trees in support of the National Greening Program of the Aquino administration. The DOLE-MisOr West personnel planted around 150 mahogany and narra seedlings along the main road in Barangay Lumbia, here. The tree planting cum tree-growing activity is the latest effort of the DOLE provincial office in doing its share in the “Green Our DOLE Program,” said its provincial director Rodrigo A. Deloso. With the Green Our DOLE Program, he said, the department hopes to contribute to the goal of planting 1.5 billion trees in 1.5 million hectares until 2016.

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of full commercial operations beginning 15 November 2006.” SPI said. SPI said that carrying out the maintenance works as planned and scheduled will bring in long-term benefits to the Mindanao power consumers in terms of the power plant’s operational reliability. SPI’s Mindanao Power Plant has sustained an impressive availability rate of 93.3% and a low unplanned STEAG/PAGE 6

‘WE SHOULD HAVE BEEN THERE.’ This is maybe in these street kids’ mind as they stare at children entering a school in Bugo, Cagayan de Oro City. About one in every 8 children aged 6 to 24 years old in Northern Mindanao are out-of-school youth making the region number 4 throughout the country. PHOTO BY SHAUN ALEJANDRAE YAP UY

SM to build P2-B supermall in CDO By NELSON V. CONSTANTINO Editor-in-Chief

THE SM Prime Holdings, Inc. is putting up another multilevel supermall worth

P2-billion in Cagayan de Oro next year as part of its continued expansion for Mindanao. During the opening of its second Mall in Davao

Steag State Power Inc. will shutdown two of their units for a preventive maintenance starting Oct. 29.

City last week, Hans T. Sy, president of SM Prime Holdings, Inc. said that aside from Cagayan de Oro, another one will rise in a 90,000 square SUPERMALL/PAGE 6

LGU upbeat on dispersal of investments to Misor towns By MIKE BAÑOS Correspondent

THE Misamis Oriental provincial government is encouraged by the dispersal of new investments to municipalities in its two districts.

“We are happy investors are finally appreciating the benefits of setting up their business in our province,” noted Gov. Oscar S. Moreno following a recent media forum hosted by the National INVESTMENTS/PAGE 6

Former Las Piñas Rep. Cynthia Villar files her certificate of candidacy on Oct. 2 at the Commission on Election in Intramuros, Manila. She was joined by husband Senator Manny Villar and son Rep. Mark Villar. ADVERTORIAL

October 5-7, 2012

Economy

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DPWH infrastructure projects in Tawi-Tawi to propel economy COTABATO City -- The Department of Public Works and Highways (DPWH) is set to implement major infrastructure projects to boost socio-economic development in Tawi-Tawi under its infrastructure program for 2012. On Sept 27, a ground breaking ceremony was held to signal the start of the implementation of water system project funded by the public works department in the amount of P370 million to address the problem of lack of ac-

cess to potable water of residents of Tawi-Tawi. DPWH-ARMM Planning Head Danny Ong, said the water system project is designed by the Local Water Utilities Administration (LUWA) to be undertaken by DPWH

Region 9 as part of the Transition Investment Support Program (TISP) of the DPWH Central Office under the Stimulus Fund. As part of the culmination activity for this year’s celebration of Tawi-Tawi’s foundation anniversary which started Sept 23, marked the inauguration of two out of three modular steel bridges with the total length of 170 meters while the other one is near

completion. Total cost for the construction of the three br idges a mou nted to P327 million as part of the bridge program of President Aquino. Ground breaking rites were likewise held for the implementation of expansion program for the

P70 million Sanga-Sanga Airport Terminal and terminal building in a bid to promote eco-tourism and commerce and trade and generate livelihood opportunities for the people in the area. Dubbed the southernmost pearl of the Philippines, the remote island

of Tawi-Tawi is composed of 11 municipalities and has a total population of 450,346 based on the 2007 census. With fishing, agriculture and barter trade as main source of livelihood, it is dominated by indigenous people namely the Badjao, Samal and Tausug.

Agriculture dep’t conducts agricultural food safety forum By JORIE C. VALCORZA Contributor

BRINGING together players along the food supply chain, the Department of Agriculture (DA)-Region 10 is initiating the conduct of a “Farmers-Consolidators-Supermarket Forum: Ensuring Food Safety along the Supply Chain” here in the city. DA Executive Regional Director Lealyn A. Ramos says the need of increasing their appreciation for food

safety from “farm to fork” understanding further the supply chain management and food safety aspects of farming. The activity aims to underline the principles and advantages of acquiring the Good Agricultural Practice (GAP) standards and certification. GAP is a private sector body that sets voluntary standards of certification for agricultural products around the globe. Ramos said coordina-

tors from certified farms like Del Monte Philippi nes, w i l l sha re t hei r experiences while undergoing t he cer t if icat ion a nd benef its t hat t hey have gained in the entire process. The Australian Agency for International Development (AusAid) technical assistance to farmers group in achieving GAP certification is likewise covered to present immediate options to interested producers.

DavNor eyes increase in local revenue generation By CARMENCITA A. CARILLO Contributor

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AMENITIES : ZORBIT * ATV * TREE TOP ADVENTURE BUGGY * BUNGEE * PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM ACCOMODATIONS

TAGUM City -- The province of Davao del Norte aims to enhance its local autonomy and self-reliance through economic enterprise and the generation of sustainable local revenue. “This can become possible with the creation of the Provincial Economic Enterprise Development Office (PEEDO),” PEEDO Department Head Ma. Eliza L. Andin said during the Monday Convocation held at the Bulwagan ng Lalawigan in Davao del Norte. Andin said the province is highly dependent on the IRA or Internal Revenue

Allotment for various expenses including its loan obligations, capital outlay, salaries and MOOEs. As proof, she emphasized that up to 91 percent or P746 million of the P821 million budget appropriations for the province this year comes from the IRA. “Only 9 percent is sourced locally, mainly from real property taxes or RPT,” she said. She said the three hospitals of the province namely the Kapalong Zone, Carmen Zone and Samal Zone are heavily supported and subsidized by the IRA with up to P50 million infused to the three hospitals every year for their operating

budgets. Despite this, she admitted that the three hospitals still lack the necessary infrastructure, facilities and medical supplies to provide ideal healthcare for the residents. Because of this, 70 percent of patients from the province still prefer to get treatment from private hospitals rather than the government hospitals. “It is ironic that 60 percent of the Philhealth market in the province is captured by the Davao Regional Hospital while only 9 percent patronize the three hospitals,” Andin said. This should be a cause for concern, she added, since the huge number of indigent Philhealth beneficiaries are sponsored by the Governor under his RDR Philhealth Para sa Masa Program. Andin said PEEDO will play a significant role in the management and supervision of the hospitals, the health insurance services and the bloodbank of the province. An efficient management of these services and facilities, she added, will make them viable and stable economic enterprises that will help improve the healthcare system of the province. Through the PEEDO, t he prov incia l government is not only eyeing the provision of an effective hea lthcare system, but also the generation of local resources to fund the operations of these facilities.

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Motoring

October 5-7, 2012

Better Toyota Fortuner, Hilux models launched TOYOTA Motor Philippines (TMP) launches much- improved Fortuner and Hilux models during a test- drive at Clark Speedway in Pampanga. Now spor t ing a new advanced Variable Nozzle Turbo-charger (VNT) Technology with intercooler, the new Fortuner and Hilux aim to improve fuel efficiency and produce additional engine power by 40 percent and increased torques by 30 percent. “We added the turbocharger but the engine itself is as is”, said TMP president Michinobu Sugata who plans to strengthen Toyota’s IMV line-up particularly in the pick-up and SUV segments. Notable variants such as the 3.0G Hilux and 3.0V Fortuner have the same engine and transmission, the 3.0L DOHC 16-valve Inline-4 common rail direct injection diesel (D4-D) which now produces 163 metric

Toyota Fortuner

horsepower at 3400 rpm and 343 Newton meters at 1400-3200 rpm. The VNT Technology is available for the 4X4 V and 4X2 G Diesel (Manual and Automatic) Fortuner. While in the Hilux, the VNT is available in its 4X4 G, 4X2 G and 4×2 E variants. Meanwhile, aside from better interior designs, added features for the new Fortuner 4×4 V Diesel, 4X2 G Diesel

Toyota Hilux

Automatic and all Hilux 4×4 variants are the newly installed Audio system with Navigation Global Positioning System (GPS) which offers the most POIs (Point of Interests) available in the country. Ray mond Rodrig uez, TMP v ice president for marketing says, “We have a navigation system which is a touch screen that is 6.5 inches, equipped with a DVD

player. You can watch movies here, however, you can only do that when the handbrake is engaged.” Media participants during the test drive noticed the difference of the new variants compared to the older ones. Partick Tadeo of www. topgear.ph says, “You could immediately notice the difference in power, especially in the straights.”

“The manual transmission models now definitely has a noticeably huge improvement”, shared Racing Beat’s Charlie Cruz. “It’s impressive”, said Eric Soriano of Metro Magazine. The 4X4 Fortuner with a 3.0-liter V diesel variant is priced at P1, 759,000. The 4X2 2.5-liter G diesel option on the other hand is priced at P1,484,000 for the Automatic Transmission and P1,381,000

for the Manual Transmission. A 2.7-liter G gasoline option is also offered at P1,358,000. Available shades are Lithium, Silky Gold Mica Metallic, Dark Grey, Dark Steel Mica Metallic, Xtreme Black. A White Pearl color on all variants is now available for an additional P15,000. The Hilux, meanwhile are offered in the following: The top-of the-line G variant with a 3.0-liter diesel engine: P1,474,000 (A/T) and P1,420,000 (M/T) The 4X2 G manual transmission variant : P1, 131,000. The 4X2 E variant with 2.5-liter diesel: P972,000 The 4×2 2.5-liter J diesel variant: P843,000 Available colors for the Hilux are Lithium, Silky Gold Mica Metallic, Dark Steel Mica Metallic, Xtreme Black, Freedom White (available for the G and E variants) and new color the Super Red (only available for the G variant).

Kia Motors now ranks among ‘Top 100 Best Global Brands’ KIA Motors Corporation enters the exclusive list of the ‘Top 100 Best Global Brands,’ according to the 2012 study released today by Interbrand, the world’s largest brand consultancy agency. Kia’s remarkable increase in brand value is now esti-

mated at $4.1 billion USD, which firmly sets the automaker at 87th place on the ‘Top 100 Best Global Brands’ list. This is a 50% increase from last year’s estimated brand value and far exceeds the average automotive brand value growth rate of 11%. The 2012 edition of Inter-

brand’s annual ‘Best Global Brands’ study was executed through a comprehensive brand performance analysis using best practice research methodology by expert analysts. The study measures a corporation’s financial performance in terms of the raw financial return to

investors; role that a brand plays in the actual purchase decision; and brand strength, which is the ability of a brand to secure the delivery of expected future earnings. The strong increase in Kia’s brand value closely mirrors the company’s recent surge in global sales, which

have posted three consecutive double-digit year-or-year gains to cement Kia’s position as the world’s fastest growing major automotive brand. Over this three year period (2008-2011), Kia’s annual global sales have grown by 81% to nearly 2.5 million units.

Claire Chai, Vice President of Kia Motors Corp. Marketing Division, said, “Entering the ‘Top 100 Best Global Brands’ validates Kia’s commitment to continuously provide exciting and inspiring brand experiences. And it’s amazing to see what we KIA/PAGE 6

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Mobile banking (Concluded from last week) I AM sure that most of us are aware that the Philippines has been considered a “trailblazer” in mobile technology. We are proud of the fact that we have been repeatedly recognized as the “Texting Capital of the World,” even during an earlier time when mobile phones were just emerging as the new “it” thing. “People in the Philippines have pioneered in mobile technology years and years before,” said Dr. Maura O’ Neill, United States Agency for International Development (USAID) Chief Innovation Officer and Senior Counselor to the Administrator. In a meeting hosted by Bangko Sentral ng Pilipinas, USAID recently got together with BPI-Globe BanKo, G-Xchange, and Smart Communications to push further the frontiers of mobile banking. This will be through the implementation of the Scaling Innovations in Mobile Money (SIMM) Project. O’Neill stressed that mobile technology, of which the Philippines is a trailblazer, is actually “a safe and stable way to create a new financial system.” Over the past few years, the USAID has worked extensively with mobile network operators Globe and Smart. It is planning to expand cooperation to deepen financial inclusion in the country through technological innovations.

BusinessWeek

Opinion

October 5-7, 2012

SPEAKING OUT

IGNACIO BUNYE The USAID noted that while most mobile banking deployments around the world provide a new delivery channel to existing bank clients, transformative models like the SIMM Project aspire to integrate unbanked populations into the formal financial sector. According to the USAID, financial services provide the means for the poor and the unbanked to build assets, better withstand shocks, and participate more broadly in the formal economy. Mobile phone banking truly has the potential to help the Philippines reach development goals faster and make those gains sustainable, the USAID emphasized. After all, only 26 percent of Filipinos enjoy access to formal financial channels such as banks. It should also be pointed out that 610 out of 1,635 municipalities in the country do not have banks! While the number of mobile money deployments has experienced a global explosive growth, the number of active mobile money users has not grown commensurately. The USAID/SIMM BUNYE/PAGE 6

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Making Up For the Past THINK a minute… Some time ago I read in the newspaper about a father who had killed his 10-year-old son because his school report was not good enough. The father was so angry that he reached for the nearest thing, a steel rod, and hit his son on the back. His 10-year-old little boy was killed instantly. Can you imagine the pain and regret that father lives with! We all have regrets, and the feeling that we want to make up for the wrong we’ve done. Yet we know that in most situations we can’t. Sometimes we can repair the damage. We can pay a debt that’s long overdue.

We can return the money we cheated or stole from somebody. But most times it’s simply impossible to make up for what we’ve done wrong. Like beating and cursing your child in a moment of anger. No candy or toy can make up for how we hurt even destroyed their trust in us. Think of the man addicted to alcohol, drugs, or kava, or has adulterous affairs, putting his wife and children through years of pain, lies, and violence. Yet even if he finally does stop drinking or having affairs, how can he ever erase or make up for all the hurt and damage he caused? How does the mother who had an abortion forgive

herself and get free from her guilt? So we can’t always repair the damage we’ve caused, no matter how much we try, not even through religion! That’s why Jesus Christ, Who was not guilty of any wrong, gave His own innocent life to free you and me from all our wrongs and guilt. The only way we can make up for all the wrong we’ve done is by asking Jesus for His free gift of forgiveness and new life which He paid for with His own life. It’s true that you cannot change your past, but Jesus can start changing your life now. If you ask Him to take control of your heart and character every day, He

THINK A MINUTE

JHAN TIAFAU HURST will give you a new life by helping you change with His love and power. Even with all your past failures and wrongs, your Maker will still give you another chance. So why not ask Him today? Just think a minute …

Casinos knocking in Caraga region WHAT IS SAUCE for the goose in Davao City may not be good for the gander of Butuan? Pagcor expansion is not only confined at the national capital region. With the entry of new casino operators in the Philippines that forms part of Bloombery and Solaire Group at the Entertainment City along Manila Bay, high stake gambling found in many Philippine big cities are now rolling their cards and flexing their muscles to as far as Eastern Mindanao. Twice the proponents of the Pagcor Casino in Butuan City suffered rejection after two public hearings on their petition for the opening of a Casino was turned down by the City Council. Butuan City which has a land area of 81,728 hectares with 59 rural and 27 Barangays that qualifies as First Class city under the urban classification remains conservative notwithstand-

ing the city’s gross annual income of P811 Million last year. Butuan is the seat of government for the regional administrative offices in the growing Caraga Region. During the past 3 months, the city landed on the national headlines for the initiatives of their city officials in stopping illegal logging by confiscating illegally cut logs transported in various trucks loads numbering 1.1 million board feet with an estimated value of P14 Million. Many other shipments followed. The local government effort through the leadership of City Mayor Ferdinand M. Amante earned the support of the national government that resulted in the removal of the DENR Regional Director and the Police Chiefs of the identified Municipal timber sources in Agusan del Sur. The Regional PNP Director was also summarily relieved of his command

for his failure to check the proliferation illegal loggers. The seized cut lumbers were destined for Cagayan de Oro City. We have seen hundreds of those 14 wheelers trucks flying nightly tearing the national highway from the municipality of Magsaysay up to the doorstep of Gingoog City. Butuan City has benefited from the tourism and mining growth of Surigao del Norte and the nearby eco-tourism destinations of the Caraga region as the main entry point of foreign tourist on holiday at the Siargao Island’s surfing destination. Tourism growth in the region has a phenomenal rise of 17% compared to the previous year’s which help accelerate the economies of retail business and property development of their cities. Tourist arrivals in Caraga have a higher growth rate compared to Northern Mindanao. Many foreign retirees have also found new

TRAVERSING THE TOURISM HI-WAY

PED T. QUIAMJOT homes and now live in Butuan and Surigao City with their Filipina spouses and families. The casino proponents and gaming investors of Butuan City have seen the growth potential of the region. They have presented new and convincing arguments on the rationale and impact of a legalized gambling operation. The rational may pass as an economic impact to create more govQUIAMJOTPAGE 6

Looking through one’s lens M Y several readings on macroeconomics of labor markets reveal one reality, that is, the need for more studies that will address basically all sectors of the society. For instance, the study conducted by Sergiy Stetsenko of the University of Pennsylvania (2010) shows the change in behavior of fertility rate at business cycle frequencies in the United States between the 1970s and 1990s and it further shows how the cyclical and secular properties of fertility can be used to distinguish among several proposed theories that account for the rise in labor force participation of married mothers. Another study by Marion Warmuth (2007) deals with managing the aging workforce and it discusses the challenges arising from it. It shows that the prejudices and discrimination attached to older employees such as being resistant to new approaches or new technologies and being less productive can be managed through changing the mindset of employers and

the company culture. It also supports findings of a survey of a research institute that elderly are able to mange difficult situations through their routine and experience and up-to-date knowledge and education. So what is the bottom line? What I want to put across in this article is the realization that while it is true that the National Statistics Office is periodically conducting the Labor Force Survey, there is a corresponding need for researchers – be it from the corporate world or the academe- to use the NSO data as take-off point for further studies. It is not enough to obtain LFS data that gives number of employed, unemployed , or underemployed, it is also vital to see through one’s lens the perspectives and consequences of a given situation and given set of data through research. What is this Labor Force Survey (LFS) ? The LFS aims to provide a quantitative framework for the preparation of plans and formula-

tion of policies affecting the labor market.Specifically, the survey is designed to provide statistics on levels and trends of employment, unemployment and underemployment for the country, as a whole, and for each of the administrative regions, including provinces and key cities.The LFS has undergone changes in its questionnaire design starting in July 1987 where modifications in the concepts and definitions for measuring labor force and employment characteristics were adopted. The design is based on a past week reference period and new concept of availability and looking for work is adopted. With regard the concept, the Labor Force or Economically Active Population refers to population 15 years old and over who are either employed or unemployed. On the other hand, Persons Not in the Labor Force are those persons who are not looking for work because of reasons such as housekeeping ,schooling, etc. Examples are housewives, students, disabled or retired

WHEN STATISTICS SPEAK

SALVADOR A. AVES, Ph.D, DM. persons. For most part, statistics have been limited to the socio-economic data at the national level. It is very evident though that there is the need for information at the local level. In this regard, the LFS sample design has been drawn in such a way that accurate lower level classification would be possible. How are we going to look at the inputs of the LFS? For more effective application, it is preferable to look at AVES/PAGE 6

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October 5-7, 2012

BusinessWeek

October 5-7, 2012

Steag... from page 1

outage rate of less than 1% during its first six years of operation. Moreover, even with its relatively long outage in October 2012, SPI is confident it can still achieve a high availability rate of 91% by the end of 2012. The timing of the PMS takes into consideration the power plant’s operations and maintenance guidelines as well as the projected electricity demand-supply condition of Mindanao during the period. The overarching goal is to minimize the possible adverse impact of power supply shortfall in the island. SPI’s plant operation since 2006 expanded the island’s electricity generation mix and has thus far contributed to the stability of the grid. The planned PMS has been approved by the National Grid Corporation of the Philippines (NGCP) as recommended by the Mindanao Grid Operations and Maintenance Planning Group composed of NGCP), the National Power Corporation and its Independent Power Producers.

SM...

from page 1 meters lot in downtown Butuan City next year. “All in all, we (SM) will be putting up five more malls in Mindanao in the next few years,” Mr. Sy said. SM Prime Holdings has already four premier malls in Mindanao, one each for Cagayan de Oro and General Santos City, and two in Davao City. “Our malls in Mindanao had been chipping in six to eight percent of total revenues of the chain of SM supermalls in the country,” Sy said. The second SM mall in Cagayan de Oro will rise in a small 1.7 hectare lot formerly occupied by Coca-Cola Bottlers Phils. along Claro M. RectoOsmeña Avenue. But Mr. Sy said they are constructing a multilevel building to compensate for the smaller space in the area. “This would be mixed use [although] it’s also a mall but the rest for call centers, commercial and other use,” he said. Sy would not disclose yet the details of the next batch of three malls, saying that the locations were still being evaluated. “We are taking a serious look and making an aggressive plan for Mindanao. We have overlooked this place and although we would not say that we are late,” he said. On Friday, the SM Lanang Premier opened to a sellout crowd, with the city and Davao Region’s elite seldom seen in public functions turning for the event, and where some of the world’s famous brands also opening up their stores. He said that the construction of a premier mall here “signifies that Mindanao is primed for world class retail operation.” The other four premier malls are the Mall of Asia, Megamall, North Edsa and South Mall. After Taguig’s Aura Mall, the seventh would be the one that would be constructed in the SRP (South Road Properties) in Cebu. Sy said its venture into China was “still in its infancy stage.” “We still have four malls there, same as here in Mindanao, and we would be opening up one mall each year,” he said.—with wire reports

Investment... from page 1

Economic and Development Authority. “In previous years, new

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and expansion projects would tend to gravitate towards the regional capital of Cagayan de Oro but this year we are glad to note new projects are bring set up in both our eastern and western towns,” Moreno said. Second quarter figures compiled by the Department of Trade and Industry Region X office show that except for the P5-billion expansion project of the Coca Cola Plant in Villanueva, Misamis Oriental, all the 13 other projects tracked by DTI-X totaling P1.531-billion were located in Cagayan de Oro City. Another nine projects not included in the DTI list added another P2.195-billion of new investments, bringing to PP3.431-billion the 19 projects identified in the regional capital, 56 percent of which were in infrastructure and services, and 44 percent in energy generation. However, investment tracking conducted by the Misamis Oriental Multi-Industry Clusters (MIC) monitoring office revealed six other major investments totaling P6.355billion evenly distributed to the east and west coast towns of the province. Multi-Industry Clusters (MIC) is a Korean government assisted program aimed at spurring economic growth and employment in the rural areas to alleviate poverty and promote food security through the establishment of agrobased industries. A Reg iona l Technica l Work ing Group has been organized to identify potential MIC areas, set guidelines for potential investors and deal with issues such as overlapping tenurial instruments, facilitate the entry of investors through the passage of local investment codes in the municipal level and the creation of a one stop shop to provide investors with complete and relevant information and checklist of requirements. On the western side, in addition to Coke’s P5-billion expansion project in Villanueva, Mindanao Energy Systems Inc. just completed the commissioning of the 8MW, P480-million Cabulig run-of-river hydroelectric power plant in Claveria while King Energy Inc. is half-way through the construction of its 10.6MW Wartsila diesel plant in Gingoog City. The former will form part of the ‘embedded generating plants’ of the Cagayan Electric Power and Light Co. which supplies electricity to Cagayan de Oro City and the Misamis Oriental towns of Tagoloan, Villanueva and Jasaan, including the 3,000 hectare Phividec Industrial Estate. On the other hand, King Energy’s diesel plant will form part of the Misamis Oriental II Rural Electric Service Cooperative (MORESCO II) ‘embedded’ generating capacity. Meantime, Medina Mayor Pacifico Pupos, Jr. said Thursday during a media briefing at the municipality a P100-million resort with accommodations, function rooms, restaurant and amenities is going up at Bgy. Bulwa, Medina, Misamis Oriental, while the municipal government will shortly undertake a P5-million expansion of the Alibuag Cold Springs resort with funding from the Tourism Infrastructure and Enterprise Zone Authority (TIEZA). On t he e a s ter n side , Monark Equipment Corporation recently started work on its P70-million heavy equipment yard and training center in El Salvador City while the National Grid Corporation of the Philippines has started pre-

construction activities for its P600-million Opol Substation in Opol municipality. The latter w il l enable NGCP to provide additional electricity for the growing power needs of the province, including the soon to be completed P7.2 –billion Laguindingan Airport. It is slated for completion by February 2015. Not the least, the Misamis Oriental provincial government continues work on the OWWA Alubijid Misamis Oriental Provincial Hospital in Alubijid, Misamis Oriental. The P100-million modern 50bed hospital is a joint venture between the Misamis Oriental LGU which will contribute P55-million and the Overseas Workers Welfare Administration which will contribute P45-million as its share of the project.

Kia...

from page 3 can accomplish by staying true to who we are – a young and dynamic challenger that goes beyond expectations. In addition to the major advances Kia has made on the product front, the company has also been executing numerous large-scale marketing initiatives that have helped raise awareness of the brand, including its sponsorship agreements with the world’s premier sporting events like the FIFA World Cup, Australian Open and National Basketball Association. Kia has also made effective in-roads towards engaging its youngat-heart customers through a strong presence on social media channels and innovative advertising campaigns such as the eccentric music-loving hamsters TV commercials seen in the USA for Kia’s iconic Soul urban crossover vehicle.

Marco...

from page 7 It’s sentimental to them. This is where they had their special and memorable events. The intention of the residences is to have the hotel amenities for the homeowners,” said Ty. “The unending stories I hear are nostalgic, and the Marco Polo Residences will make us closer to the community.” Ty further shared, “We are encouraged by the strong market response. It was exciting to see the response of foreign and local retirees from abroad.” With a name that is globally prominent in the hotel and hospitality sector, the Marco Polo Residences has since become an ideal investment among foreign retirees and expats settling in Cebu. Following the successful unveiling of its first two towers, a third structure will soon rise within the premises of the Marco Polo Residences. The third tower, dubbed as the Marco Polo Parkview Residences, is a highly anticipated addition to this exclusive community located at Nivel Hills in Cebu. Federal Land Inc., the premier property developer behind this luxury development, is pleased to report a favorable take-up since its launch. The Marco Polo Parkview Residences is envisioned to become a fancy retreat for the upscale market. Its membersonly club shall serve as a playground for the cosmopolitan crowd. Here, they can indulge to their heart’s content in the pleasures of appointed features such as a lap pool, fully equipped fitness center, spa, private theater and tennis court. The Marco Polo Residences sets itself apart from its peers

in the local property sector with its world-class facilities and services that synthesize Asian hospitality with Western innovations. The legendary brand of Marco Polo also gives it a unique distinction from other luxury high-rise developments in the market. Residents of the Marco Polo Residences can enjoy access to the Marco Polo Hotel and its hotel amenities and services. These include food and beverage signing privilege; concierge, room, business center and laundry services; apartment cleaning, servicing and maintenance; and priority access to the swimming pool, gym and the wellness zone. Apart from the stunning view, the charm of the Marco Polo Residences lies in its five-star hotel-like amenities, well-appointed units and first-class services. Each unit was designed to exude contemporary, stylish living suited for the distinct tastes of its residents. The hotel-like ambiance cascades to the common areas with its grand ground f loor lobby and drop-off. Security is a top priority with CCTV system, automatic fire suppression system, fire detection alarm system, stand-by generator for both common and residential units, and 24-hour security and maintenance personnel. Visit w w w.marcopoloresidences.com.ph for more information or see its showroom in Manila at GT Tower International, 6813 Ayala Avenue corner H.V. de la Costa Street in Makati.

Ayala...

from page 7 ties, the firm said last February. The company later increased its 2012 capex to P47 billion, earmarking P10 billion more for unbudgeted property acquisitions and for its possible “strategic alliance” with the Ortigas family. Ayala Land grew its net income by 28% to P4.33 billion in the first half from P3.38 billion in the first six months last year, supported by double-digit gains across all its business lines, its latest financial report as of end-June showed. Its consolidated revenues rose 18% to P25.02 billion from last year’s P21.25 billion in the same comparative periods, with a bulk derived from the company’s real estate business, while costs and expenses increased by a smaller 13.5% to P18.41 billion from P16.22 billion.

Bills...

from page 7 beneficiaries occupying government-owned and foreclosed lands the right of first refusal, “nothing precludes the government from bidding out the land” in favor of other qualified beneficiaries. The proposed bill seeks to provide the actual occupants the primary right in acquiring the land which they occupy. In order to address many of the problems being encountered by homebuyers on installment payments which are perceived to be not fully covered by R.A. 6552 or the so-called Maceda Law, Sen. Miriam DefensorSantiago filed SBN 2428. The bill, is entitled, “An Act to Provide Additional Protection to Buyers of Real Estate on Installment Payments by Requiring Subdivision or Real Estate Owners to have an Individual Title on every lot available first before offering the same for Sale, Prohibiting any Mortgage, Lien or Encumbrance on the same, making the Annotation on the Title of the Contract to Sell or Sale Mandatory, making it

Compulsory for the execution of a Deed of Absolute Sale and the delivery of the Title to the Buyer upon Completion of Installment Payments, and providing other protective measures, including the imposition of Penalty for Violation Thereof.” We shall try to explain thoroughly the possible consequences of a bill of such nature when the Committee calendars the same for discussion and we are confident that the good Sen. Santiago will consider the position of the private sector. Presented to the stakeholders for discussion was HBN 5446 entitled, “An Act Strengthening the Balanced Housing Development Program, amending for the purpose R.A. 7279 or the UDHA” principally authored by Bagong Henerasyon Party-list representative Cong. Bernadette Herrera-Dy. The bill seeks, among other things, to amend the balanced housing provision under Section 18 of UDHA to require condominium developers to also “develop an area for socialized housing equivalent to at least 20 percent of the total condominium area or project cost, at the option of the developer, within the same city or municipality, whenever feasible”.

Aves... from page 4

the latest results- the July 2012 Labor Force Survey (LFS), which can be easily compared with the July 2011 data. Translating this set of data into figures, we would be looking at an estimated 63.1 million population aged 15 years and over with an employment rate of 93.0 per cent (almost the same with the 92.9 percent in July 2011), unemployment rate of 7.0 per cent and an underemployment rate of 22.7 per cent. Among the unemployed persons, there were more males (62.1%) than females (37.9%). Majority (51.2%) of the unemployed persons belong to age group 15-24 years. Looking at the regional data, Cagayan Valley recorded the highest employment rate of 96.8 percent, followed by MIMAROPA and Zamboanga Peninsula (95.9% each). The lowest employment rate was recorded in National Capital Region (NCR) with 90.1 percent. It is interesting to know that those who worked in the services sector comprised the largest proportion, which posted more than half or 53.3 percent of the estimated employed persons. Equally interesting is the fact that those engaged in wholesale and retail trade; repair of motor vehicles and motorcycles comprised the highest percentage (18.6% of total employed). Those engaged in agriculture sector was recorded the second largest group which accounted for 30.9 percent of the total employed. Only 16.0 percent of the total employed consisted of workers in the industry sector, with the manufacturing (8.5% of the total employed) and construction (6.1% of the total employed) sub-sectors having the highest proportions. Education experts may be interested in looking into this information.With regard the highest grade completed, onethird (33.3%) of the unemployed persons were high school graduates, 13.9 percent were college undergraduates, while 19.2 percent were college graduates. Indeed, both business and academe can gain more insights by investigating further through research that will certainly address their most urgent need.

Quiamjot... from page 4

ment revenues in a region defendant on tourism, mining and agriculture. How many jobs can be created in the city from legalized casino gambling? The local government take in terms of amusement taxes is 3% share from the gross gambling revenues. Casino proponents with a

ready Pagcor franchise came also to Cagayan de Oro last year but die down as the City Government has ambivalent stand in spite of a national law allowing the legality of its operation. For tourism to prosper in any destination, it must have the components of leisure and entertainment as synergies for growth. Foreign tourist visiting the country is a good target market. Some affluent and rich Filipinos are also a potential gambling client. The church lead by the clergies has their usual argument opposing casinos and all forms of gambling as a threat to the stability of the families. The church who has abrogated itself as the bulwark of spiritual guidance of the people will always take an opposing stand against gambling. But Butuan City is not gambling free, Loterya ng Bayan operates in both Agusan del Norte and Agusan del Sur raking millions daily from gambling bets. The church says gambling is a form of evil even if they have not offered anything to create livelihood or help bring the food to the dining tables of many Butuan City residents who are in need of jobs. What are the safeguards to protect ordinary citizens not to be lured to casino gambling? Will there be collateral damage to the moral fiber of the population who could gamble and lose money in the gambling tables? What will be the macro economic benefits of a casino operation? Unless, the proponents and the local community can come to terms and reconcile these queries, no cards will be drawn from the deck. Local officials may not take a stand or commit a political suicide today to endorse any casino project due to the approaching local election. But soon, they have to weight their option based on the economic impact and derivatives of a casino business. The color of money is green but some new denominations are also violet. Meanwhile, Pagcor can keep on knocking next year?

Bunye... from page 4

Project intends to: • Grow mobile money to more than 1 million active users; onequarter of these users would be new subscribers to mobile money services. • Train more than 10,000 people through financial education and literacy on the uses of mobile money and mobile money services for improved household financial management. • Provide 10,000 people with new savings accounts via mobile banking. • Establish an additional 2,500 cash-in/cash-out merchant partners focusing on rural areas. • Increase payroll implementation and adoption to 100 small, medium, and large businesses and one Philippine government agency or local government unit. • Increase the volume (monetary value) of mobile money transactions by over 200 percent. • Sponsor conferences and venues for networking support and produce research papers and assessments for knowledge sharing. On the part of the Bangko Sentral ng Pilipinas, the government’s implementing partner particularly in the areas of policy and regulation, it will continue to create an environment that promotes innovations rather than stif les them, while ensuring the safety, soundness, and integrity of the system at the same time. BSP will also continue to be proactive in our measures to protect the rights of the consumers. BSP hopes that the cooperation among the parties and agencies mentioned will not only result in the success of the SIMM Project, but also in the provision of much-needed financial services for the entire Filipino people. You may e-mail us at totingbunye2000@gmail.com. Past articles may be viewed at http:// speakingout.ph/speakingout.php.

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Property

October 5-7, 2012

Avida Land expands southward condo in Davao AVIDA Land, the affordable brand of property giant Ayala Land Inc., (Ali) has offered to the market its f irst-ever residentia l condominium project in Davao, which is a lso its second offering in Mindanao—Avida Towers Davao. This continues the property developer’s steady expansion in t he Visayas and Mindanao regions. Strategically located on C.M. Recto Avenue in Davao City, Avida Towers Davao offers residents unmatched convenience as it puts them close to all essential, modern urban conveniences: Avida Towers Davao is close to malls, the business district, places of recreation, hospitals, schools and churches. At the same time, Avida Towers Davao is located within a peaceful community that heightens the experience of relaxation and privacy. The structure is designed for both function and aesthetic pleasure with its modern contemporary architecture. Av ida Towers Davao

Depending on which side their units are located, residents will enjoy panoramic views of mountain ranges, the Davao River, the Davao Gulf and the amenity area and all units at Avida Towers Davao are built with the Five Condo Must-Haves: free-flowing air and sunlight; fewer units per floor for more privacy and less crowding; sensible amenities; emergency power even inside one’s unit; and easy payment terms.

is meant to be a masterplanned community with a total land area of 6,124 sq m, including its two residential towers. Tower One will house

431 residential units, including special two-bedroom units from the 19th to the 23rd f loor and 170 parking units from the ground floor

to the fourth f loor. Resident s w i l l enjoy sensible amenities at the podium level at the fifth f loor, which serves as the

main amenity area. Amenities include kiddie and adult pools, a children’s play area; an outdoor playground and exercise equipment; a meditation area; a multipurpose hall; and a retail strip at the ground f loor area for convenient access to basic necessities. As standard in all Avida developments, Avida Towers Davao integrates the Five Condo Must-Haves for the best condominium living experience: free-flowing air and sunlight; fewer units per f loor for more privacy and less crowding; sensible amenities; emergency power even inside one’s unit; and easy payment terms. Building amenities include t he main lobby; a mailbox for each unit; two elevator units for Tower One; garbage chute; fire protection and alarm system; and a CCTV camera at the lobby. Security is provided 24/7 and property management is provided by Ayala Property Management Corp. Available units include studio units (22 to 25 sq m;

priced at P1.69 million to P1.93 million); one-bedroom units (37 to 42 sq m; priced at P2.83 million to P3.65 million); and two-bedroom units (58 sq m; priced at P5.01 million). Re sident s w ho av a i l themselves of special units will enjoy lovely panoramic views of mountain ranges, the Davao River, the Davao Gulf and the amenity area, depending on which side of the building their units are located. For more than 20 years, Avida has focused on enriching the lives of the hardworking Filipino middle class by offering their families a home to be proud of; homes that thrive in a peaceful and safe community and are accessible to public transportation. As of the first half of 2012, Avida Land has 55 projects in 31 unique locations. Avida homes are all beautifully and practically designed and built to provide reliable performance over time. Av ida means affordable living at its best.

Pending bills on real estate

Marco Polo Parkview Residences and Dining area

Marco Polo Residences endears itself to Cebuanos WITH its beautiful beaches, tropical climate and relaxed urban lifestyle, Cebu City, the Queen City of the South and the oldest city in the Philippines, has become a much sought-after haven for foreign retirees, drawing the international crowd like bees to flowers. Cebuanos are known to be the most hospitable and caring people in the country. No wonder that a lot of foreigners now live in the city for business and leisure. Add here the Mactan International Airport, which has international flights to Singapore, Hong Kong, Kuala Lumpur, Taipei, Korea, Japan and China. Now, another industry that is growing in the city is real estate. Over the years, more people are moving to Cebu due to the presence of new developments like the prestigious Marco Polo Residences and the Southern gem, which have made Cebu an even more attractive place to live in. On top of the beauti-

ful and overlooking city of Cebu located at the Nivel Hills in Apas is the famous Marco Polo Plaza Hotel. The establishment opened in 2006 after Metrobank, the biggest bank in the country, acquired the property from the owners of the Cebu Plaza, which ceased operations in 2003. Since its inauguration, the Marco Polo Plaza Hotel has become the favorite venue for family events and vacation destination for both the locals and foreign visitors. Now, f ive residentia l buildings next to the hotel are being built and they will rise in the next few years— The Marco Polo Residences. The units in Tower 1 have been sold out two months after they were launched, while 75 percent of Towers 2 and 3 have been sold. The investment on this project is between P15 billion and P20 billion, according to Alfred Ty, president of Federal Land. “The Marco Polo Hotel is very dear to the Cebuanos. MARCO/PAGE 6

SEVERAL legislative measures that bear direct impact on housing and real estate are now pending in both Houses of the 15th Congress, mostly amendatory and reformative of various existing laws. The Senate Committee on Urban Planning, Housing and Resettlement headed by Sen. Ferdinand R. Marcos, Jr. recently invited CREBA to a public hearing where seven proposed bills were presented to be deliberated upon. Sen. Antonio F. Trillanes IV filed Senate Bill No. (SBN) 399 entitled the “Small Con-

dominium Unit Buyers Protection Act” which seeks to protect small condominium unit buyers from what he refers to as “onerous and/ or unreasonable” contractual provisions and from “f lawed and misleading” project information. This, however, is being addressed by the Housing and Land Use Regulatory Board (HLURB) headed by Commissioner Antonio M. Bernardo by updating the rules on advertisements under Presidential Decree (P.D.) 957. Sen. Trillanes also filed SBN 261 entitled “An Act

amending the Subdivision and Condominium Buyers’ Protective Decree” with the aim of updating and refining several provisions of P.D. 957 to further enhance buyers’ protection particularly in the context of today’s pre-selling schemes. Amendatory provisions to P.D. 957 are likewise being proposed by House Bill No. 4316 submitted by Reps. Susan Yap, Magtanggol T. Gunigundo and Rosenda Ann Ocampo. SBN 1025 authored by Sen. Manuel M. Lapid, on the other hand, seeks to modify the definition of a

condominium unit to cover industrial estates, amending for the purpose certain provisions of Republic Act (R.A.) 4726 or the “Condominium Act”. On this, we propose, likewise, for the inclusion of tourism estates. Sen. Jinggoy Estrada introduced SBN 666 as an amendment to R.A. 7279, better known as the Urban Development and Housing Act or UDHA which has been in existence since 1992. In his explanatory note, Sen. Estrada asserts that while UDHA gives qualiBILLS/PAGE 6

Ayala Land buys out Saudi firm PROPERTY DEVELOPER Ayala Land, Inc. has fully acquired the interests held by Kingdom Hotel Investments and its affiliate in a luxury hotel and residential development in the Makati City central business district, the local company said in a disclosure to the Philippine Stock Exchange (PSE) yesterday. “Please be informed that AyalaLand Hotels and Resorts Corp., a wholly owned subsidiary of Ayala Land, has acquired the interests of Kingdom Hotel Investments and its affiliate in the Fairmont Hotel and Raffles Suites and Residences project in Makati [City]. This acquisition is in line with the company’s thrust to grow its commercial leasing business,” the disclosure read. AyalaLand Hotels and Resorts paid $24.11 million for Kingdom Hotel Investments’ issued and outstanding shares, it added. “We are excited about this project as this will contribute

to the development of tourism for both Makati [City] and the Philippines. The Raffles Fairmont project presents the most luxurious and modern hotel development in the country today,” Jose Emmanuel H. Jalandoni, Ayala Land senior vice-president, said in a statement yesterday. Kingdom Hotel Investments, an international hotel and resort real estate investment firm that is wholly owned by Saudi Arabian conglomerate Kingdom Hotel Co., has invested in 20 hotel operations in 15 countries in Asia, Middle East, North Africa, and Sub-Saharan Africa, information on that company’s Web site showed. The transaction effectively secured Ayala Land’s complete control of the project, the company said. “Originally, AyalaLand Hotels and Resorts had a 20% stake in the project. With this, we now raised our stake to 100%,” an AyalaLand Hotels and Resorts spokesperson said in a telephone interview

yesterday. The 30-storey Raff les Fairmont -- composed of three segments: 237-unit luxury Raffles Residences, 32-suite Raffles Hotel, and 280-room Fairmont Hotel -- began construction in 2008 at the corner of Arnaiz and Makati avenues in Ayala Center, Ayala Land’s premier commercial hub in Makati City. It is scheduled to open in December. Ayala Land’s hotel portfolio totaling 634 rooms consists of Hotel Intercontinental in Makati City and the Cebu City Marriott, and 150 island resort rooms in its Lagen, Milinoc, and Apulit Island (formerly Club Noah) resorts in El Nido, Palawan, the company’s end-June financial report showed. This year, the developer said it will be opening the 349-room Holiday Inn and Suites Makati in Ayala Center, which is expected to be fully operational by early next year, as well as two boutique hotels in Bonifacio Global

City and Cagayan de Oro City under the company’s flagship Kukun brand. Ayala Land will also be beefing up its island resort complex in Palawan, by opening its Pangulasian Island Resort by the end of the year. The company’s hotels and resorts business contributed P1.27 billion in revenues in the first half, up 15.46% from P1.10 billion in the same period last year. Ayala Land was organized in 1988 when parent firm Ayala Corp. decided to spin off its real estate division into an independent subsidiary to enhance management focus on its property development business, according to data posted on the PSE Web site. It went public in 1991. For 2012, Ayala Land had initially allotted a record P37 billion in capital expenditures (capex) to fund around 67 new projects that will yield projected sales of P90 billion, as well as for the acquisition of new AYALA/PAGE 6

October 5-7, 2012

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October 5-7, 2012

Editor: Allan Mediante

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

Real Estate - tourism link cited to propel economy A synergy between the tourism and the real estate industries will secure the country’s status as Southeast Asia’s retirement haven and create new jobs for the Filipinos, according to Vice President Jejomar Binay. “These two tightly linked industries offer immense opportunities in terms of investments and jobs,” Binay said in his message to participants of the 20th Chamber of Real Estate and Builders Associations (CREBA) National Convention at the Marriott Hotel in Pasay City. He said efforts should be made to bolster infrastructure capacity, accessibility, transportation, quality of facilities and the availability of support services for safety and security to secure the country’s status as the “Retirement Haven of Southeast Asia.” He also said that the merging of tourism and real estate development would mean more permanent jobs

for Filipino workers in order for them to buy a house. ”We can also look forward to providing job opportunities that will entice our OFWs to consider working in the Philippines rather than abroad. We will also have investors who will share our concern for improving the conditions in the communities where they have opted to retire, since they will become stakeholders in these communities,” he said. Binay also encouraged a close partnership between the housing sector and the tourism and real estate industries. “We are also forging partnerships with LGUs and real estate companies nationwide to fast-track the disposal of about P200 billion acquired housing assets. Real estate companies can market, possibly at a larger scale, these assets which government is trying to dispose through retailing,” he said.

Beneficiaries receive their share of a permanent home during the symbolic turn-over ceremony of 320 transitional shelters for tropical storm "Sendong" survivors in the village of Digkilaan in Iligan City Tuesday with the Philippine Red Cross, Qatar Red Crescent Society, Australian Agency for International Development, Philippine Institute of Civil Engineers and the Iligan City Government. In the photo are Vice Mayor Henry Dy, Dr.Mohammed Al Maadheed of QRCS, Gov. Richard Gordon chairman and CEO of Philippine Red Cross, City mayor Lawrence Lluch Cruz, Gwendolyn Fang, PR C Secretary General and other officials , (Photo by : Richel V. Umel)

October 5-7, 2012

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Developments

October 5-7, 2012

Govenment to continue focused on economy, reforms despite polls THE Aquino administration says it will remain focused on steering the national economy and carrying reforms in the bureaucracy even as the country prepares for the mid-term election next year. In a regular press briefing on Thursday in Malacanang, Presidential Spokesman Edwin Lacierda said the President and his Cabinet haven’t talked about carrying out a revamp and assigning new tasks in preparation for the election next year. “We are enjoying a robust growth in our GDP [gross domestic product]. We intend to focus on the economy, in our commitment to bring about change and improvement in the lives of the Filipinos. The programs of government will still continue. As to specific responsibilities, if you’re referring to certain key officials, who are also members of some political parties, that has not been discussed yet,” Lacierda told reporters during the press briefing. While Secretar y Mar Roxas will be assuming his position as Secretary of the Department of Interior and Local Government next week, Lacierda said, the President hasn’t designated anyone for specific responsibilities to campaign for the election season, he said. Although the administration prepares for next year’s election, Lacierda made an assurance that the administration remains committed to increase government spending for the next half of the year and to fund different programs. “We’re hoping to also promote further our investments and consumer spending. But insofar as government resource for the campaign, there has been no discussion on that. We’re working towards attaining our targeted

growth so, that’s the focus of the government right now,” he said. T he cou nt r y p oste d 5.9 percent gross domestic product growth in the second quarter of this year, higher than the 3.6 percent recorded the previous year. The services sector remained the main driver of growth supported by the sustained growth of manufacturing and the rebound of construction. On the demand side, growth came from the positive contribution, of all the expenditure items, except for changes in inventories, led by consumer pending and the improved growth of external trade. Remittances from overseas Filipino workers pushed the growth of the country’s net primary income from the rest of the world to 4.5 percent from decline of 1.1 percent last year.

Batch 2012 Skills Training Registrants Orientation The newest batch of registrants for the City Livelihood Skills Training Program, a joint project of the City Government of Cagayan de Oro and the Technical Education and Skills Development Authority (TESDA 10), underwent an orientation, October 3, at the City Tourism Hall. In behalf of City Mayor Vicente Y. Emano, City Administrator Atty. Leon Du M. Gan (left) delivered an inspirational message to more than a thousand enrollees of the 3 offered courses: Automotive Servicing, Shielded Metal Arc Welding, and Consumer Electronics. CIOPHOTO

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Republic of the Philippines PROVINCE OF BUKIDNON Malaybalay City

OFFICE OF THE PROVINCIAL GOVERNOR Bids and Awards Committee

INVITATION TO BID ITB NO. CW – 2012-047

INVITATION TO BID ITB NO. CW – 2012-048

1. The Provincial Government of Bukidnon, through the 20% Development Fund intends to apply the sum of the: Qty. 1

Unit of Issue contract

Name of Project

ABC

Duration

Proposed Construction of Additional 3 Units Model House (5mx6m) at Casisang Paglaum Village with Septic Tank at Landing, Casisang, Malaybalay City

P 756,497.28

102.00 Calendar Days

Qty.

Bids received in excess of the ABC shall be automatically rejected at bid opening.

I II III IV V VI VII VIII IX X XI

Description Earthworks Concrete Works Masonry Works Steel Works French Window Steel & Glass Works Carpentry Works Tinsmithry Works Painting Works Electrical Works Plumbing Works Septic Tank (1.20m x 1.50m x 2.20m)

Unit of Issue contract

Name of Project

ABC

Duration

Land Development (Phase II) for Bukidnon Housing & Resettlement Project V at Landing, Casisang, Malaybalay City

P 732,453.12

50.00 Calendar Days

Bids received in excess of the ABC shall be automatically rejected at bid opening.

2. The Provincial Government of Bukidnon now invites bids for: Item No.

1. The Provincial Government of Bukidnon, through the 20% Development Fund intends to apply the sum of the:

2. The Provincial Government of Bukidnon now invites bids for: Quantity 12.98 4.34 79.07 385.92 10.25 922.67 86.10 176.11 1.00 1.00 1.00

Unit cu.m. cu.m. sq.m. kgs. sq.m. bd.ft. sq.m. sq.m. unit unit unit

Bidders should have completed, within ten (10) years from the date of submission and receipt of bids, a contract similar to the Project. The description of an eligible bidder is contained in the Bidding Documents, particularly, in Section II. Instruction to Bidders (ITB). 3. Bidding will be conducted through open competitive bidding procedures using nondiscretionary pass/fail criterion as specified in the Implementing Rules and Regulations (IRR) of Republic Act (RA 9184), otherwise known as the “Government Procurement Reform Act”. Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with at least seventy five (75%) interest or outstanding capital stock belonging to citizens of the Philippines. 4. Interested bidders may obtain further information from BAC Secretariat, Provincial Capitol, Malaybalay City, Bukidnon and inspect the Bidding Documents at the address given below from September 27, 2012 – October 23, 2012. 5. A complete set of Bidding Documents may be purchased by interested Bidders from the address below and upon payment of a non-refundable fee in the amount of P 1,000.00. It may be downloaded to the website of the Procuring entity (www.Bukidnon.Gov.Ph), provided that bidders shall pay the fee for the Bidding Documents not later than the submission of their bids. 6. The Provincial Government of Bukidnon will hold a Pre-bid Conference on October 9, 2012, 10:00 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon, which shall be open to all interested parties. 7. Bids must be delivered to the address below on or before October 23, 2012, 9:30 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon. All bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18.

Item No. 104 102 SPL-1 SPL-2 500 SPL-3 404

Description Embankment Excavation Forms and Scaffolding Concrete Works Installation of # 48”ø RCPC Masonry Works Reinforcement Works

Quantity 352.05 31.01 74.66 12.54 20.00 60.00 1,071.49

Unit cu.m. cu.m. bd.ft. cu.m. l.m. cu.m. kgs.

Bids will be opened on October 23, 2012, 10:00 a.m. in the presence of the bidder’s representatives who choose to attend at the address below. Late bids shall not be accepted .

8. The Provincial Government of Bukidnon reserves the right to accept or reject any bid, to annul the bidding process, and to reject all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or bidders.

9. For further information, please refer to:

Engr. Charito G. Yulo Head, BAC Secretariat Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel. No. - 088-221-3114

Engr. Jose Pastor P. de la Cerna BAC Secretariat/ Section Head (Civil Works) Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel No. - 088-221-3114

PROVO B. ANTIPASADO, JR. Provincial Administrator BAC Chairman

Engr. Charito G. Yulo Head, BAC Secretariat Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel. No. - 088-221-3114

Engr. Jose Pastor P. de la Cerna BAC Secretariat/ Section Head (Civil Works) Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel No. - 088-221-3114

PROVO B. ANTIPASADO, JR. Provincial Administrator BAC Chairman

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Republic of the Philippines PROVINCE OF BUKIDNON Malaybalay City

OFFICE OF THE PROVINCIAL GOVERNOR Bids and Awards Committee

INVITATION TO BID ITB NO. CW – 2012-049

INVITATION TO BID ITB NO. CW – 2012-050

1. The Provincial Government of Bukidnon, through the 20% Development Fund intends to apply the sum of the: Qty. 1

Unit of Issue contract

Name of Project

ABC

Construction of 26 Houses P 7,764,823.56 with Septic Tank of Bukidnon Housing Project V at Casisang, Malaybalay City

1. The Provincial Government of Bukidnon, through the 20% Development Fund intends to apply the sum of the:

Duration

Qty.

120.00 Calendar Days

Bids received in excess of the ABC shall be automatically rejected at bid opening.

I II III IV V VI VII VIII IX

Description

Quantity

Earthworks (excavation, embankments, compaction) Concrete Works Masonry Works Steel Works Carpentry Works Tinsmithry Works Painting Works Electrical Works Plumbing Works

Unit of Issue contract

Name of Project

ABC

Duration

Replacement /Completion of Damaged Insulation at Kaamulan Folk Arts Theater (Cultural Center) at Malaybalay City, Bukidnon

P 963,075.32

60.00 Calendar Days

Bids received in excess of the ABC shall be automatically rejected at bid opening.

2. The Provincial Government of Bukidnon now invites bids for: Item No.

16.88 6.136 73.84 654.845 1,216.50 72.06 83.07 1.00 1.00

Unit cu.m. cu.m. cu.m. kgs. bd.ft. sq.m. sq.m. unit unit

2. The Provincial Government of Bukidnon now invites bids for: Item No. I II

III IV V

Description

Quantity

Mobilization/Demobilization Demobilization (Removal Cleaning and Disposing) 1. Removal/Disposing of Existing Insulation 2. Removal/Disposing of Damage Gutter 3. Surface Cleaning of Metal Member Ecofoam Insulation Works Gutter & Gutter Cover Works Painting Works

Unit

lumpsum 462.562 sq.m. 1.400 sq.m. lumpsum 462.562 sq.m. 1.400 sq.m. 322.000 gals.

3. Bidding will be conducted through open competitive bidding procedures using nondiscretionary pass/fail criterion as specified in the Implementing Rules and Regulations (IRR) of Republic Act (RA 9184), otherwise known as the “Government Procurement Reform Act”.

Bidding is restricted to Filipino citizens/sole proprietorships, partnerships, or organizations with at least seventy five (75%) interest or outstanding capital stock belonging to citizens of the Philippines.

4. Interested bidders may obtain further information from BAC Secretariat, Provincial Capitol, Malaybalay City, Bukidnon and inspect the Bidding Documents at the address given below from September 27, 2012 – October 23, 2012.

5. A complete set of Bidding Documents may be purchased by interested Bidders from the address below and upon payment of a non-refundable fee in the amount of P 10,000.00.

5. A complete set of Bidding Documents may be purchased by interested Bidders from the address below and upon payment of a non-refundable fee in the amount of P 1,000.00.

It may be downloaded to the website of the Procuring entity (www.Bukidnon.Gov.Ph), provided that bidders shall pay the fee for the Bidding Documents not later than the submission of their bids.

It may be downloaded to the website of the Procuring entity (www.Bukidnon.Gov.Ph), provided that bidders shall pay the fee for the Bidding Documents not later than the submission of their bids. 6. The Provincial Government of Bukidnon will hold a Pre-bid Conference on October 9, 2012, 10:00 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon, which shall be open to all interested parties.

6. The Provincial Government of Bukidnon will hold a Pre-bid Conference on October 9, 2012, 10:00 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon, which shall be open to all interested parties. 7. Bids must be delivered to the address below on or before October 23, 2012, 9:30 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon. All bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18. Bids will be opened on October 23, 2012, 10:00 a.m. in the presence of the bidder’s representatives who choose to attend at the address below. Late bids shall not be accepted . 8. The Provincial Government of Bukidnon reserves the right to accept or reject any bid, to annul the bidding process, and to reject all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or bidders.

Bids will be opened on October 23, 2012, 10:00 a.m. in the presence of the bidder’s representatives who choose to attend at the address below. Late bids shall not be accepted . 8. The Provincial Government of Bukidnon reserves the right to accept or reject any bid, to annul the bidding process, and to reject all bids at any time prior to contract award, without thereby incurring any liability to the affected bidder or bidders. 9. For further information, please refer to:

9. For further information, please refer to: Engr. Charito G. Yulo Head, BAC Secretariat Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel. No. - 088-221-3114

7. Bids must be delivered to the address below on or before October 23, 2012, 9:30 a.m. at BAC Conference Room, Provincial Capitol, Malaybalay City, Bukidnon. All bids must be accompanied by a bid security in any of the acceptable forms and in the amount stated in ITB Clause 18.

Engr. Jose Pastor P. de la Cerna BAC Secretariat/ Section Head (Civil Works) Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel No. - 088-221-3114

PROVO B. ANTIPASADO, JR. Provincial Administrator BAC Chairman

Engr. Charito G. Yulo Head, BAC Secretariat Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel. No. - 088-221-3114

Engr. Jose Pastor P. de la Cerna BAC Secretariat/ Section Head (Civil Works) Provincial Capitol, Malaybalay City, Bukidnon Fax No. - 088-813-2141 Tel No. - 088-221-3114

PROVO B. ANTIPASADO, JR. Provincial Administrator BAC Chairman

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Barangay officials now PagIbig members Vice President Jejomar C. Binay bared that barangay officials may now become members of the Home Development Mutual Fund or Pag-IBIG Fund, even as he pressed for their membership in the Government Service

Insurance System (GSIS). The Vice President also proposed the economic clustering of barangays and the establishment of local government unit (LGU) banks and LGU Cooperative Banks to further push the viability

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region BRANCH 18 Cagayan de Oro City 2012-413 IN RE: PETITION FOR CORRECTION SPEC. PROC. CASE NO. 2012-128 OF THE ENTRY IN THE CERTIFICATE OF LIVE BIRTHS OF MINORS JONATHAN AND JOVANNY SABIT BARING WITH RESPECT TO THE DATE OF MARRIAGE OF PARENTS, QUIRINO PELIGRO BARING, JR., rep. of minors JONATHAN AND JOVANNY SABIT BARING, Petitioner. -versusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent. x---------------------------------------------------------------------- / ORDER This instant Petition filed by Quirino Peligro Baring, Jr. representing the minors Jonathan and Jovanny Sabit Baring (hereafter petitioner) seeks the correction of the entry in the minors’ birth records, to wit: Date of marriage of parents

: from “June 13, 1995” to “December 9, 2000”

Finding the Petition to be sufficient in form and substance, let the initial hearing of this case be set on November 26, 2012 at 8:30 in the morning before this Court. Let a copy of this ORDER be published at the expense of the petitioner, once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. Respondents, Local Civil Registrar of Cagayan de Oro City and the National Statistics Office and any person having or claiming any interest on the entry whose corrections are sought, may, within fifteen (15) days from notice of this Order or from the last date of publication thereof, file their opposition/comment and appear at the scheduled hearing. Furnish copies of this Order, together with the Petition and its annexes, to the Office of the Local Civil Registrar of Cagayan de Oro City, the Office of the Solicitor General and tha National Statistics Office, Manila. SO ORDERED. August 31, 2012, Cagayan de Oro City. DENNIS Z. ALCANTAR Presiding Judge

BWM: SEPT. 21, 28, & OCT. 5, 2012

of barangays as engines of growth. Binay said while barangays officials are expected to be at the forefront in responding to calamities and even domestic concerns, they have in the past been deprived benefits

as government employees. “Noong ako ay mayor pa lamang, lagi kong pinapansin na ang ating mga opisyal ng barangay - na inaasahan natin na laging naririyan tuwing may sunog, baha, aksidente o away ng magkakapitbahay - ay ni hindi man lamang miyembro ng GSIS. Kung kayat kapag matapos ang mahabang

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 41 Cagayan de Oro City 2012-419 OFFICE OF THE PROVINCIAL SHERIFF File No. 2012-253 NOTICE OF EXTRA-JUDICIAL SALE Upon Extra-judicial petition for sale under Act 3135/1508 filed by HOME DEVELOPMENT MUTUAL FUND (Pag-ibig) Cagayan de Oro City, against RAQUEL M. AGCOPRA, single, of legal age, Filipino citizen with residence and postal address at Lot 25-P & SOUTHVIEW HOMES, MACASANDIG, Cagayan de Oro City to satisfy the mortgaged indebtedness which as of August 24, 2012 amounts to FOUR HUNDRED THIRTY SEVEN THOUSAND FOUR HUNDRED THIRTY TWO PESOS & 72/100 ONLY (P437,432.72) Philippine Currency, including penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned sheriff or his duly authorized deputy will sell at public auction on November 21, 2012 at 10:00 o’clock in the morning at the main entrance of the Regional Trial Court, Branch 41, Capitol Compound, A. Luna Street, Cagayan de Oro City to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal property to wit: TRANSFER CERTIFICATE OF TITLE NO. T-192328 A PARCEL OF LAND (Lot 17-A-1, Psd-10-038456, being a portion of Lot 17-A, (LRC) Psd-45555) situated in the Barangay of Upper Macasandig, City of Cagayan de Oro, Island of Mindanao. Consisting an area of TWO HUNDRED SEVENTY-SEVEN (277) square meters, more or less. All sealed bids must be submitted to the undersigned on the above-stated date time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property hereinabove described and encumbrances thereon, if any there be. Cagayan de Oro City, September 21, 2012 FOR THE PROVINCIAL SHERIFF By: ALDEN V. SAMBAAN Sheriff IV BWM: OCT. 5, 12 & 19, 2012

taon ng serbisyo, ang ating mga opisyal ng barangay ay magreretiro na ni wala man lamang katiting na pensiyon mula sa pamahalaan,” he said. The Vice President said he will request President Benigno Aquino III and the GSIS to consider immediately extending GSIS membership to barangay officials.

Binay, who is Chair of the Pag-IBIG Fund, announced the signing of a memorandum of agreement between Pag-IBIG and the Liga ng mga Barangay, allowing barangay chairs and their kagawads to become Fund members. As members of Pag-IBIG, barangay officials would be

OFFICIALS/PAGE 15

Republic of the Philippines REGIOAL TRIAL COURT 10TH Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2012-012 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by JIMMY P. LIM against FELICIDAD PALER VDA. DE GUCOR to satisfy the mortgage indebtedness which as of March 2012 amounts to Twenty Thousand Pesos Only (Php. 20,000.00) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 31,2012 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit: TRANSFER CERTIFICATE OF TITLE NO. T-1582 “A parcel of land and all improvements thereon Lot 300-A-2, Psd-10- 041091.portion of Lot 300- A (LRC) Psd. 60028; situated in the Barrio of Dimalooc, City of Tangub, Province of Misamis Occidental, Island of Mindanao. Bounded on the SW. 1-2 by Lot 300 –A-1; on the NW. 2-3 by Lot A-II (Road); on the NE. 3-4 by Lot 300 –A-3, all of Psd -10-041091 and on the SE 4-1 by Lot 300-B (LRC) Psd-10-60028. Beginning the point marked “1” on the plan being S.88 deg. 49’W., 582.45m. from BLLM No. 3 Cad 271. Thence: 1-2 N. 43 deg. 21’W., 63.48m. 2-3 N. 46 deg 26’E., 73.69m. 3-4 S. 43 deg 21’E., 63.28m. 4-1 S. 46 deg. 17’W., 73.69m. Containing an area of FOUR THOUSAND SIX HUNDRED SEVENTY (4,670) Square meters, more or less. All sealed bids must be submitted to the undersigned on the above state time, date and place of auction sale. In the event that the public auction should not take place on said date or these is only one bidder, it shall be held on November 5, 2012 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. September 13, 2012, at Tangub City, Philippines. FOR THE EX-OFFICIO SHERIFF: BY: BWM: OCT. 5, 12 & 19, 2012

WILLIAM C. ARANIEGO Sheriff IV

Enhanced Phil-JobNet engages business firms By Ms. Jasmin L. Vicente, LEO II, Misamis Occidental PFO

O R O Q U I E TA C i t y --- A Memorandum of Agreement (MOA) on the enhanced PhilJobNet (PJN) has enjoined companies who are members of business C hamb ers and educational institutions to register for free at w w w.phil-jobnet. dole.gov.ph. The MOA was signed by the DOLE’s Regional Office and Ozamiz and

Oroquieta Chambers of Commerce and Industry in a program held for the purpose on 28 September 2012, at the Misamis University, Ozamiz City. R e pre s e nt i ng t he employers were: the Ozamiz City Chamber of Commerce and Industry, Inc. represented by its Vice-President, Michael Amores; and t he O ro qu i e t a C it y Chamber of Commerce and Industr y,

Inc. represented by its Vice-President John R. Ferraren; and the Ozamiz Filipino-Chinese Chamber of Commerce represented by its President, Pershing Y. Tan Queto, Jr. The Guidance Counselors Network of Misamis Occidental represented by its President, Ruth L. Alinas, and the Misamis Occidental PESO Managers Association (MOPEMA) represented by Judith

R. Halasan, President, also signed the MOA. Regional Director Johns on G. C añete signed the document on behalf of the Regional Office. Dr. Karen Belina FelicianoDe Leon, University President of Misamis University and host of the undertaking also signed the MOA. The signatories, particularly the private sector, foresee the increase in job informa-

tion for Misamisnons through the PJN that will be fully operationalize and functional in the cities of Ozamiz and Oroquieta. The DOLE Misamis Occidental Provincial Office, headed by Jose G. Robles, will monitor results of the MOA and further strengthen tie up with the Public Employment Service Office (PESO) Managers in the two cities. Mr. Robles will up-

date the pledges from the included employers and company-member and other establishments. With this syste m , t he prov i n c e’s Labor Market Information will be done by just a stroke of the fingers. Meanwhile, jobseekers are also enjoined to register with the PJN for future job search and matching with the companies in the said cities.

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DA calls on farmers to prepare for El Nino By Joey Sem G. Dalumpines DAVAO CITY -- An officer of the Department of Agriculture urged farmers to plant ahead to cope with the impact of the El Nino phenomenon, which is projected to come in January 2013. The El Niño, which is caused by a n abnorma l warming of surface ocean waters in the eastern tropical Pacific, will initially cause below-normal rainfall that would later progress into drier conditions. Speaking in the initial press briefing of the 8th Corn Congress at the Waterfront Insular Hotel, Assistant Secretary Edilberto de Luna said the agricultural sector, especially the farmers, must learn to adapt with climate

change by planting ahead while ample supply of water is available. De Luna, who is also the national corn coordinator, said the El Nino phenomenon is inevitable and farmers need how to institute adaptation measures in their farming practices. He cited areas vulnerable to the dry spell, namely, the provinces in Northern and Central Luzon, Northern Mindanao and Socsksargen areas. “We will start to feel its effects on January, 2013. So if it comes, our strategy is for our farmers to plant early,” he said. De Luna said DA has put up irrigation systems in areas where it is needed. In an advisory, the Phil-

ippine Atmospheric Geophysical and Astronomical Services Administration said the El Niño will likely hit various parts of the country beginning October and would last until May 2013. In South Cotabato, the Provincial Agricultural Office mulled on revising its cropping pattern to prepare farmers from the effect of the long dry spell. Reynaldo Legaste, provincial agriculturist, said palay and corn farmers, and other crop producers already made planting adjustments. He recalled that in 2010, a mild El Niño caused farmlands in the province and the nearby areas to dry up for several months, destroying millions worth of agricultural crops. (JSGD-PIA 11)

Surigao Tourism office awards individuals, firms for excellence SURIGAO CITY -- The city government here through the City Tourism Office bestowed awards of excellence to individuals and firms who contributed in the promotion and enriching of the city’s tourism industry. For achieving the highest numbers of hotel guests from October 2011 to July 2012 among hotel accommodation establishments in the city, recognitions were given to Hotel Tavern with 20,220 guests; Aden Apartelle, 13,307; E.Y. Miner Suites, 13,164; RSY Pension, 9,602; and Mt. Bagarabon Resort, 7,230. For the highest hotel occupancy rate recorded from October 2011 to July 2012, recognitions were given to Philippine Gateway Hotel with 53.93; Aden Apartelle 35.60; E.Y. Miner Suites with 81.75; Gunter Pension 78.14 and Miwa Beach Resort with the rate of 72.94. XL Pension House, Le Chard Place, Bed & Breakfast, Miami City Suites, Moon Café and D’Resto Bar & Grill received awards for promoting tourism and demonstrating positive economic impact. A certificate of recognition was also awarded to Conching Apartelle for the untiring support to tourism data collection activities exemplified in the prompt submission of monthly tourist arrival data from the period of October 2011 to July 2012. Also, a certificate of acknowledgement and recognition was given to Civil Aviation Authority of the Philippines (CAAP) Officer-in-Charge Evangeline Babate and Philippine Ports Authority (PPA) Surigao Port Manager Isidro Butaslac for setting the standards and providing improved airport and port facilities to all the passengers and guests that created a tourist friendly

atmosphere. Supervising Tourism Operations Officer Roselyn Armida B. Merlin said that under the administration of City Mayor Ernesto T. Matugas and that through the cooperation with the government sector and the private sector, soon, Surigao City will be known all over the country and eventually the whole world for its amazing

Officials...

from page 14 able to avail themselves of Multi-Purpose loans for educational, health and other needs. They may also secure Calamity Loans, and Housing Loans as well as other benefits that the Fund offers. "Maaari na kayong makapag-ipon para sa inyong kinabukasan. Sa tulong din ng kasunduang ito, may pagkakataon pa na tapatan ng barangay ang inyong ihuhulog sa Pag-IBIG kaya’t agad na magiging doble ang ipon ninyo," he added. The Vice President also proposed the clustering of barangays to promote investment, with the view of improving the "viability of the barangays as engines of economic development." "Under the Local Government Code, the barangays are already empowered to promote this kind of initiative and the USAID has proposed funding for such an initiative," he said. He li kew ise proposed adopting the ideas of countries like Germany and Costa Rica in setting up local government banks and LGU cooperative banks. According to Binay, local government banks "could tap local resources and provide greater focus on local projects." Meanwhile, cooperative banks provide a way to pool the resources of local government units, especially adjacent ones.

and pristine tourist spots. The award was given in line with the National Tourism Week celebration in the city. (SDR/Francis Burwell, Surigao City Media Information and Communication Office/PIA13). DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF TEODORA MAGSALAY ALCANTARA Notice is hereby given that the intestate estate of the Late TEODORA P. MAGSALAY ALCANTARA, who was childless and died on November 6, 1996 in Balingasag, Misamis Oriental, at the time of her death, left two (2) parcels of paraphernal properties located in Cogon, Balingasag, Misamis Oriental covered by Transfer Certificate of Title No. T-46072 and Transfer Certificate of Title No. T-46073 and more particularly described as follows: I. Transfer Certificate of Title No. T-46072 (Lot 1209-A, Psd-10-008130), Located at Cogon, Balingasag, Misamis Oriental. Containing an area of (4,478) square meters more or less. II. Transfer Certificate of Title No. T-46073 (Lot 1209-B, Psd-10-008130), Located at Cogon, Balingasag, Misamis Oriental. Containing an area of (383) square meters more or less, are the subject of DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF TEODORA MAGSALAY ALCANTARA, made and entered into by and among the legitimate nieces and nephews and sole heirs namely; LITA ECHANO ACEBES, of legal age, married and resident of Balingasag, Misamis Oriental, herein referred to as Heir’ ROLANDO ECHANO, representing RICARDO MAGSALAY ECHANO, of legal age, married and resident of Balingasag, Misamis Oriental, herein referred to as Heir; LIGAYA ECHANO BAGONGON, of legal age, widow and resident of Cala-cala, Barangay Cogon, Balingasag, Misamis Oriental, herein referred to as Heir; SUSAN ECHANO SALVACION, of legal age, married and resident of Calacala, Cogon, Balingasag, Misamis Oriental, herein referred to as Heir; JERPHY MAGSALAY ECHANO, of legal age, widower and resident of Balingasag, Misamis Oriental, herein referred to as Heir; and JOSE SHIRLITO MAGSALAY ECHANO, of legal age, married and resident of Cala-cala, Cogon, Balingasag, Misamis Oriental, herein referred to as Heir. As per Doc. No. 028, Page No. 007, Book No. XXVI, Series of 2012, under Notary Public of ATTY. SAMUEL B. ARNADO. BWM: OCT. 5, 12 & 19, 2012

PNoy proclaims Liberal Party-led senatorial bets By LILYBETH G. ISON

PRESIDENT Benigno S. Aquino III proclaimed Monday the 12 senatorial candidates for the 2013 elections of the Liberal Party (LP)-led coalition at Club Filipino in San Juan City. Other parties in the coalition are the Nacionalista Party (NP), Nationalist People’s Coalition (NPC), Laban ng Demokratikong Pilipino (LDP), and the newly formed National Unity Party (NUP). The President, being the LP chairman, has appointed Sen. Frank lin Drilon as campaign manager of the coalition. In his speech he said: “Batid po ng Pilipino ang bigat ng mga problemang ipinamana sa atin. “At ngayong napatunayan na nating hindi imposible ang pagbabago, marami pa lalo ang gustong paspasan ang pagaarangkada. “Magagawa natin ito kung mayroon tayong mga kasangga -- kasanggang handang makiisa, hindi dahil may personal silang pakinabang, kundi dahil sumasang-ayon sila sa adhikain natin ng pagbabago.” The President said the 12 senatorial bets were the product of extensive search among those who wanted to enhance the legacy of the coalition for a “tuwid na daan” (straight path).

“Natatangi silang rumesponde sa panawagan na tumulong upang ipagpatuloy at patindihin ang pagtahak sa tuwid na daan. Piniga at sinala sila mula sa 15 kandidato,” he said. The 12 candidates are: Ramon Magsaysay Jr., Benigno “Bam” Aquino IV, and Jamby Madrigal of the LP; former Rep. Cynthia Villar, Senators Antonio Trillanes IV, and Alan Peter Cayetano of the NP; Senator Loren Legarda of the NPC; former Akbayan party-list Rep. Risa Hontiveros; Rep. Juan Edgardo “Sonny” Angara of LDP; and independent candidates Sen. Chiz Escudero, MTRCB Chair Grace Poe-Llamanzares, and Sen. Aquilino “Koko” Pimentel III. Meanwhile, the President said Quezon Rep. Lorenzo “Erin” Tanada III, Customs Commissioner Ruffy Biazon and TESDA Director General Joel Villanueva chose to stay where they are to help the administration pursue its objective of good governance. “Si Erin ang kumilos upang lumawak ang kasapian ng mga kasama na gustong tumahak sa tuwid na landas,” he said. On Biazon, the President said the former Muntinlupa Representative is much needed in the Bureau of Customs due to the much-needed reforms that need to be instituted in the agency. “Matindi ang ating pangangailangan sa paglilinis ng BOC, kaya mananatili

muna siya (Biazon) doon,” he said. For Villanueva, the President said the TESDA chief was able to bring down the P2.5-billion debt incurred by the previous administration when it gave away scholarships without allocation from the national government. “Kaya mas k a i la ngan pa natin si Secretary Villanueva sa ahensiya upa ng ma ipag patu loy ang kanyang tungkulin sa pagpapa-angat ng bilang ng mga mamamayan na nakapag-aral at mabibigyan ng trabaho,” he said. The Coalition, in a statement, said the formation of a unified senatorial slate came after a series of deliberation by leaders of respective political parties. “A primar y consideration in inviting candidates to the ticket was their track record and t hei r com m it ment to push for the legislative component of President Aquino’s social contract with the Filipino people,” it said. More than popularity, the Coalition said, the senatorial slate was “born of shared set of principles. “The slate represents those who have helped in the advancement of the President’s agenda and those who have committed to his program of government.” The filing of COCs runs from October 1 to 5.

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Cynthia Villar files candidacy on October 2, 2012 COMELEC Intramuros Manila. She was joined by husband Senator Manny Villar, son Cong. Mark Villar and Long Ɵme supporter Willy Revillame.

M MANILA, Philippines FFormer Las Piñas City Rep. Cynthia Villar R on Tuesday filed her o certificate of candidacy c at the main office of a tthe Commission on Elections in Intramuros, E Manila. Villar arrived at M tthe Comelec building around a little past 11 a a.m., accompanied a by her husband, Sen. b Manny Villar. M Villar, who donned an orange dress, has a

been drafted by the Liberal Party of President Benigno Aquino III to join its senatorial slate. Aquino and the senator were rivals in the 2010 presidential race. Prior to the arrival of the Villars, their supporters, all wearing orange tshirts, converged in front of the Manila Cathedral Church near the Comelec building. (ADVERTORIAL)

Congratulations and Best Wishes on your Culminating Celebration

World Teachers Day October 5, 2012 Limketkai Atrium Cagayan de Oro City

Greetings from: A TRIBUTE TO THE FILIPINO TEACHER WHO MATTERS A LOT IN BUILDING OUR NATION

Hon. VICENTE Y. EMANO City Mayor Cagayan de Oro