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BusinessDaily CREDIBLE

Cagayan de Oro City

Volume III, No. 200






April 26, 2013

4Q palay production up 3.85%

C ris D iaz

CR-Z to roll in August Economy

Market Indicators

As of 5:58 pm apr. 25, 2013 (Thursday)



US$1 = P41.26

6,995.46 points

2 cents

X X Briefly 23.01 points

Summer jobs THE Department of Public Wor ks an d H i g hways (DPWH) in the Autonomous Region in Muslim Mindanao (ARMM) has hired 400 part-time workers for the agency ’s summer job program this year. DPWH-ARMM Secretary Emil Sadain said the recruits, who are mostly students, will take part in the agency’s “Oplan Linis Bayan” Program, which includes the clean-up of major roads across the region. He said the program is meant to keep roads free from distractions as well as help maintain the cleanliness of the towns in ARMM.

PH dev’t plan

THE National Economic and Development Authority (NEDA) regional office 10 h a s c o n d u c t e d a consultation with regional stakeholders to update the Philippine Development Plan (PDP) 2011-2016 and revalidate the results matrix (RM) containing development indicators for the remaining plan period. Regional Development Council (RDC) officials, r e p r e s e n t a t i ve s f r o m r e g i o n a l g o ve r n m e n t agencies, local government units, academe, nong o v e r n m e n t / p e o p l e ’s organizations, labor groups and the private and business sector participated in the regional consultation held on Monday here.


Maserati exec car tests Fiat’s push into luxury Motoring

BFAR excludes Zambo from ‘galunggong’ ban

Broadcaster in CDO target of execution? Opinion


Solar energy holds key to M’nao power crisis PAGE 2




By BONG FABE Associate Editor

A FILIPINO company that provides renewable energy solutions for all types of property owners said that solar energy is still the best option to solve the so-called Mindanao power crisis. Department of Energy’s thumbing down solar energy as solution to the power crisis in the southern Philippines is “not a hindrance or a barrier” in the pursuit of a lasting and ultimately cheaper power sources in Mindanao, said Engr. Winston Lorenzana Mendoza, chief executive officer of Mendoza Solar, LLC. Mendoza Solar, LLC is an energy company registered in California and Nevada, USA. It provides renewable energ y solutions for a l l types of property owners. Its Philippine subsidiary, Lim Solar Philippines, is the biggest promoter in the country of the use of stateof-the-art portable fuel cell electric systems that address base energy needs, especially of remote areas. Lim Solar Philippines, which is also chaired by Mendoza, has an ongoing sola r i nteg rat ion a nd crisis/PAGE 11



ERC approves P34.25M fund for Mindanao spot market

SOLAR POWER. Engineers of Mendoza Solar install a 27 KW PV System used 105 255-Watt panels in one of their projects in California, USA. The company said solar energy holds the key to the Mindanao power shortage. file photo

Normin gets P1.82-B investments in 4Q By APIPA BAGUMBARAN Contributor

THE Department of Trade and Industry (DTI) regional office 10 recorded P1.82 billion in new investments for the fourth quarter of 2012. E ng i ne er C e c i l io Y. Clarete, chief economic

development specialist of the National Economic and Development Aut horit y (NEDA) disclosed during a media forum that most of the new investments went to Bukidnon with 36.20 percent or P659.48 million. M i s a m i s O c c ident a l

ranked second with 25.61 percent or P466.59 million; followed by Lanao del Norte with 18.68 percent or P340.27 million; Misamis Oriental with 11.61 percent or P211.50 million and Camiguin with 7.90 percent or P143.91 Normin/PAGE 11

THE Energ y Regulator y Commission (ERC) approved the use of fees collected from Luzon participants in the Wholesale Electricity Spot Market (WESM) to set up an interim market in Mindanao. In a decision, the ERC a l lowed t he Ph i l ippi ne Electricity Market Corp (PEMC) to use P34.25 million in unused fees collected from Luzon WESM participants to set up the Interim Mindanao Electricity Market (IMEM). T he ERC i n it ia l ly approved a P24.26 million budget for IMEM, which like WESM aims to provide power plant operators a venue to trade their excess capacity. PEMC, which operates the WESM in Luzon and the Visayas, had been mandated by the government to run the IMEM. “Based on the supporting documents submitted by PEMC, the ERC found it outlook/PAGE 11

BOI grants Oro-based corn company P567.3-M perks By CHRISTINE CABIASA, Reporter

A CAGAYAN de Oro City-based cornstarch product ion compa ny has been given a fiscal incentive grant by the

Board of Investments (BOI) a mou nt i ng to P567.3 million for its glucose syrup production perks/PAGE 11


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Aquino warns politicians vs using 4Ps to get votes MARAWI City -- President Benigno S. Aquino III warned political candidates against

using the Pantawid Pamilya Pi lipi no Prog ra m (4Ps) to force the beneficiaries

program to vote for them. The warning was issued by the President during his meeting with local leaders and the community in the province on Monday. He stressed that 4Ps is a program of the nat iona l government being implemented by the Department of Social Welfare and Development (DSWD) and whose beneficiaries were chosen by the DSWD through the Nationa l Household Targeting System for Poverty Reduction. He said local officials have no power to remove any beneficiary from list. T he Chief E xecut ive a lso told voters to junk candidates who threaten 4Ps beneficiaries off the list if they will not vote for them. A tota l of 94,230 households in the province are benef iting from t he program.

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

A total rice production of 144,591 metric tons was noted in Northern Mindanao during the first quarter, this year, higher by 24 percent compared to the same period in 2010.

4Q palay production in Normin up 3.85% By APIPA P. BAGUMBARAN Contributor

THE volume of palay produced in Northern Mindanao totalled 207,446 metric tons during the fourth quarter of 2012, up by 3.85 percent compared to 2012. Data gathered from the Bu re au of A g r ic u lt u r a l Statistics (BAS) in the region show that major output gains were recorded for Bukidnon with 106,013 metric tons, up at about 8.64 percent, from the 97,583 metric tons production in the same quarter of 2011, said Engr. Cecilio Y. Clarete, Chief Economic Development Specialist of the National Economic and Development

Authority (NEDA) in the region in a NEDA Media Forum held recently here. He sa id t he posit ive production growth in the province was largely due to the movement of harvest from the previous quarter. Lanao del Norte, likewise, showed increased production from 64,093 metric tons to 67,234 metric tons or about five percent growth.

This was specifically due to sufficient water in irrigated areas and sufficient rainfall which enabled more farmers to plant in rainfed, Clarete said. In terms of yield, the region posted increases in yield in both irrigated and rainfed areas at 0.91 and 7.71 percent, respectively. C l a re t e f u r t her s a id Bukidnon also posted the biggest increase in yield during the quarter because of sufficient water supply and lesser pest infestations and diseases. On the other hand, the improved yield of Lanao del Norte in rainfed areas was the result of good quality seeds, RC 18 and RC 158, he added.

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Motoring 3 CR-Z to roll on in August CREDIBLE



friday April 26, 2013

Maserati GranTurismo Sport.

fabrice coffrini /afp file photo

Maserati exec car tests Fiat’s push into luxury MILAN — In these lean economic t imes, even supercar makers are reaching down-market – which for Maserati means a price tag below 100,000 euros ($131,000). The Ita lian company owned by Fiat is reinventing its venerable Ghibli tourer as an “executive sedan” aimed squarely, as the description suggests, at people who still have to work. The car, due to be unveiled at the Shanghai auto show on Saturday, is an early test of Fiat boss Sergio Marchionne’s ef for ts to squeeze more cash out of the prestigious Maserati and Alfa Romeo brands. The plan would see Maserati sales surge eightfold.

The outcome will help decide whether Fiat – a company founded in the late 19th century – survives the collapse of the auto market in Europe, where its losses reached 738 million euros last year, putting factories and thousands of jobs at risk. Maserati will have to perform a difficult balancing act to emulate the success of Germany’s BMW, Daimler and Volkswagen’s Audi by rolling out more affordable models aimed at a broader client base without tarnishing one of the auto industry’s most hallowed brands. “This battle won’t be won with individuals walking into showrooms with their cheque books,” said Geoff maserati/PAGE 11

HC P I s t a t e d t h a t t h e reser vations for the allnew CR-Z 2013 model will commence starting April 26 in a l l 28 aut horized dealerships while actual del iver ies w i l l sta r t by August. HCPI Pre sident a nd General Manager Tatsuya Natsume noticed during the 4th Philippine International Auto Show (PIMS) last year, the CR-Z was catching the eyes of the public. During the said event, the CR-Z Mugen concept version was displayed at the HCPI booth. “At the time of the show we received a number of inquiries about selling it in the Philippines,” Natsume said. “Even after that, we are still getting inquiries online, at our dealer showrooms and various display events,” . He said that with such queries, they are confident that the Philippine market will “warmly welcome the CR-Z when it arrives in August, exactly a year after its concept was shown.” CR-Z — which means “Compact Renaissance Zero — represents the brand’s commitment to go back to the point of origin (zero) to take on the challenge to create a new compact car without being bound by the values

Honda Cars Philippines, Inc. (HCPI) on Thursday announced that the much-awaited hybrid sports coupé CRZ will be available in the local market by midyear.

of traditional coupés. The vehicle — created to fuse sport and ecology — was developed with the concept of “More Hybrid Sports” and developed offering three core values – Emotional (emotional look and feel), Exciting (joy of driving) and Smart (environmentally responsible, usef u l a nd liberating). Powered by a 1.5-liter i-VTEC engine w it h an electric motor, Honda’s

Integrated Motor Assist (IMA), the 2-door compact sports coupé would to give drivers a responsive and exciting driving experience and exceptiona l f uel efficiency. Apart from the Sport, Normal and Econ mode, the CR-Z now has an additional selection: the Plus-Sport System or S+ But ton option that provides more responsive acceleration to achieve additional fun and

excitement while driving. The Honda CR-Z will be available in in Manual and Continuously Variable transmission (CVT with paddle shifters) options and will be available in 3 variants. Aside from the standard model, HCPI will also offer the CR-Z Modulo version. The 2013 CR-Z will be available in White Pearl, Cr ysta l Black, Polished Metal, Milano Red, and Cr-z/PAGE 7





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“ We never cease moving to serve you. This time, we joined forces to serve you more!”

WELCOME! DR. MARILOU B. IGDON OIC - Regional Director NSO - 10


DR. JANITH C. AVES OIC-Provincial Statistics Officer NSO - Misamis Oriental to the

BusinessWeek Mindanao

NEWSCON Friday, April 26, 2013

PROVIDING our dear readers with a weekly news conference that tackles different issues in Northern Mindanao and elsewhere with a program that is inquisitive, upbeat and intervening about a variety of topics of vital importance to kagay-anons and the rest.

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BusinessWeek Mindanao NewsCon is an hour-and-a-half long program with recurring and unique feature segments. It comes to fore with special media coverage, primarily by the four major newspapers in the Team, plus other media entities invited to join in the news conference for their regular coverage.

BusinessWeek Mindanao NewsCon’s Team believes that the earlier people understand the challenges and the probable solutions, the better off we will all be in the long run. Welcome to the BusinessWeek Mindanao NewsCon!



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Reaching God




hough we don’t hear it nor speak about it often, the reality of fools obviously and Traces continues to take place today By Fr. Roy Cimagala and, in fact, in a more rampant albeit subtle ways. I suppose it is out of good manners that we refrain from using the word. We actually now employ a lot of euphemisms to refer to the same banana. In a sense, it is good that it be that way. Refraining from using the word in our daily conversations, I imagine, would make for a cleaner and calmer environment. But neither should we forget it, since the reality, sad to say, continues to be around. In fact, the Bible speaks about fools and its variants many, many times, thus, often jarring the sensibilities of the people of today. This is one more reason why the Bible has to be handled with deliberate care, since its language belongs to a different age and to a different culture. But the Bible teaches truths for all times and defines things in their radical and ultimate dimensions. As to what a fool is and what things fools do, the Bible, especially in the books of Psalms and the Proverbs, has a lot to say. Many times, it defines a fool as anyone who does not believe in God. “The fool says in his heart, there is no God,” Psalm 14,1 says. And Proverbs 1,7 describes something about fools: “The fear of the Lord is the beginning of wisdom. Fools despise wisdom and instruction.” And so a long series of descriptions about fools continues all the way to the New Testament. We have the famous parable of the wise and foolish virgins, for example, and passages about how a foolish man who only hears but does not act on the word of God is like a fool who builds his house on sand, without good foundation. The Book of Ecclesiastes sums up the whole thing when it says: “Infinitus est numerus stultorum,” (Infinite is the number of fools), referring not only to the number of fools but also to their ways, since our freedom, which launches us into infinity, can be used either for good or for evil, distinguishing the wise from the fool. In spite of all these, there is always hope for as long as cimagala/PAGE 7


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Do you have connections?

A cartoon showed a thief wearing a mask and pointing his gun at a frightened woman. He yelled at her: “Give me your valuables!” The woman in the cartoon grabbed her FRIENDS, and started putting them into the bag. Clearly, the person who drew that cartoon understands the value of friendships. For you and I to have success and happiness, we must have close connections with other people. Everybody needs somebody. There are few things as lonely and sad as going through a painful experience all alone. One wise man said: “Friendships are the food of life. To love and be loved is the greatest success and happiness there is.” Robert Louis Stevenson stated: “No person is a failure, if he has a friend.” And one guy said, “A major goal in my life is to end up with eight friends who are willing to carry my casket.” At the end of our life, it’s not how much money we have that shows our worth, but the number of close friends we still have. Not only should our friendships be close and caring connections, they should be constructive connections: friends who build you up, instead of pull you down.

We c a n’t c ho o s e ou r relatives, but we can choose A Minute our friends. By Jhan Tiafau Hurst So choose your friends carefully. They will either make you or break you! Make sure your good friends are good people—who make you a better person. And remember, friends are not just a way to get what we need, they ARE what we need! If all you need friends for is to use them to get something else, then that’s all you’ll end up with: something else and no friends. God gave us things to use, and people to love and enjoy. So do you have connections—true friends who care? It starts with the best friend you’ll ever have. He loves you so much He gave His life to share it with you. But the only way you can enjoy His peace and prosperity is to become His close friend. hurst/PAGE 7


Aspiration gone awry: A case of trademark infringement


lighting brand that was never qualified to be a Superbrand and will never be, but aspires to be, despite a court action, is what trademark infringement is all about. Sometime in 2005, Superbrand Marketing International, Inc. (SMI) published its Volume V. Akari, which produces electrical lighting products, aspired to be awarded as a “Superbrand”. It was of the impression they signed up to be a Superbrand only to realize they signed on to a bogus corporation not authorized by SMI. In fact, the very same group that duped Akari was the defendant in a court case filed in Hong Kong by Superbrands Ltd. which settled in a compromise agreement wittingly. Interestingly enough, realizing that their lighting brand was never registered in the Superbrands program, Akari nevertheless insisted on using the international award seal for close to six years, though it never really qualified to be a Superbrands. When finally (and officially) invited to participate, Akari decided to decline the invitation while slyly and silently removing from the marketing shelves its packaging, which showed the international Superbrands award seal. This must have been a costly strategy. Instead of legitimizing its use of the Superbrands trademark, this company instead dealt with a forked tongue. While it is almost unaffordable to participate in the Superbrands program for most, brands should never advertise that they are a Philippine Superbrand when they simply don’t quality. The perennial question we ask is, “Do you have what it



takes to be a Superbrand?” To this date the brand was B randing never authorized to use the By Harry Tambuatco award seal. Nevertheless, they used it for six long years, duping the public into thinking that they are a Superbrand. In fact, there is a pending case with the Intellectual Property Office against this lighting brand for trademark infringement and unfair competition. The brand was never in any of the biennial books published by Superbrands since Volume V (2005 to present day) nor in any of the Certificate Award events. It was never invited to any formal gala Tribute night, where the qualified Superbrands were formally awarded with their trophies. It is interesting to note how brands persist in unfair competition and trademark infringement only to promote what they are not. The aspirational value ofAkari is not surprising. Many, many brands ask to join the Superbrand program, but very few can qualify. In serving and protecting the public, it is a fact that Akari was never a Superbrand and will never qualify to be one. Misrepresentation to the public is an offense that must be dealt with accordingly.

Broadcaster in Cagayan de Oro target of execution?

he shooting to death of a broadcast journalist in Zamboanga Sibugay last Monday stunned the local broadcast industry in Cagayan de Oro City. Some station managers quivered at the thought that a broadcaster in Cagayan de Oro City could be the next target. Some officers of the local Kapisanan ng mga Broadcaster (Association of Broadcasters) reportedly had an emergency meeting after the Zamboanga Sibugay incident. KBP officers discussed the information reportedly relayed by a police officer about intelligence information. The police officer said that once a broadcaster in either Visayas or Mindanao was killed, a broadcaster in Cagayan de Oro City would be next in line. With the shooting to death of an entertainment broadcaster Mario Baylosis of Zamboanga Sibugay Monday morning, local KBP officers become uneasy. The slaying of Baylosis, the first to occur this year under Pres. Benigno Aquino, III, administration, leads credence to the intelligence information. Based on the information, the next target is a broadcaster in Cagayan de Oro City. KBP has no idea of the identity of the broadcaster. However, the police officer suggested that adoptions of precautionary measures are necessary. God forbids! It is lamentable ‘though that in the Philippines death threats, harassments, and assassinations are risks that a journalist either in broadcast or print had to face. Perhaps, the Philippines is the only country in the

Cris D iaz

world where assassination and killing of journalists especially broadcasters are rampant. In fact, the Philippines i s l i s t e d a s one of t he most dangerous places for journalists in Asia. Although the Philippine government appeared serious about solving cases involving the killing of journalists, the snail-paced action toward these cases proved otherwise. No one is saying ‘though that the Philippine government is doing nothing to preempt or resolve cases of murdered journalists. What is obvious is that the Philippine government is not doing anything that would protect the journalist as a profession or avocation. More often, police investigators would simply say that the murder of a broadcast or a print journalist could be “job related,” “personal,” or “politically motivated.” In many instances, this corner urged legislators in Congress to draft laws that would protect working journalists. These legislations should direct the print and broadcast industry to adopt legislated measures in terms of compensation and training of journalists particularly at the provincial level. The print and broadcast media should adopt structured compensations and benefits for journalists in order to diaz/PAGE 7


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Cimagala... from page 6

we are still alive and capable of changing and converting. “Where sin has abounded, grace has abounded even more,” says St. Paul (Rom 5,20). So, there’s no use simply branding people fools and then lamenting about the predicament. What we need to do is to understand why many people still are fools in the biblical sense, and try to do something about it. And the common reason for this is that they do not know how to relate themselves to God. They don’t see him, they cannot touch him, they don’t have any special feelings for him. There is obviously some ignorance and confusion involved here. While it’s true that we don’t see God, nor touch him, we cannot deny that God is everywhere, since he is the very author and the very supporter of everyone’s and everything’s existence. By merely existing, everyone and everything unavoidably ref lects God’s eternal existence. Besides, to start relating to him and developing certain feelings for him is a matter of loving. As long as we love, in any way we express our love, we are at least already on the way to reaching God who is love. We just have to make sure that our loving is the right kind of loving. And that

ultimately means we need of the Philippines (NPC), and to conform our love to the other media organizations love of God who revealed and could help draft legislative lived it to the full in Christ. a c t s for c on g re s s ion a l Thus, Christ summa- approval in this case. rized all the commandments Anyway, representatives of God into the new com- of the House of Congress mandment of love: “Love would not entertain the idea. one another as I have loved After all, there is the feeling you.” Christ makes himself that representatives would the standard of our love that always want the media to necessarily has two insepa- be their slaves. rable objects: love of God React: crisguardian@ and love of neighbor. Loving God and thereby reaching him and being with him is actually not difficult from page 6 and much less, impossible To d a y y o u c a n g e t to do, since loving God can connected to Jesus Christ and simply be a matter of loving start enjoying His friendship others the way Christ loves and good life. all of us. Just ask Him to forgive We need to be clear about you, and to take charge of this doctrine and do every- your heart everyday. thing to live it. It is very He’ll not only give you doable. We obviously need happier friendships and the grace of God for this, but better connections, but He’ll insofar as we are concerned, make you a better friend to we can do it. others. We just have to stir our- Just Think a Minute… selves everyday to feel that love, making use of some plans, devices or gimmicks from page 3 to put us into the system. exclusive colors for t he But we can truly reach God CR-Z the Turquoise Blue here and now! and Cosmo Flash Violet. “With two transmissions, three variants, and six colors from page 6 or a total of 36 combinations make “press cards” valuable. to choose f rom, we are T his mea ns t hat t he positive that the All New Ph i l ippi ne gover n ment CR-Z will bring a more should raise the level of personal Honda spirit of practicing members of the mobility,” Natsume said. “Along with other Honda press through legislation. C er t a i n ly, t he pre s s models available, the all-new organizations like the KBP CR-Z is bound to make every and the National Press Club journey enjoyable and fun for




both driver and passenger.” P r ic e s s t a r t at P1.4 million for the standard model manual transmission, and P1.5 million for the Standard CVT with Paddle Shifters and Modulo Manual Transmission, while the Modulo CVT with Paddle Shifters will be priced at P1.6 million. The MUGEN Manual Transmission and the MUGEN CVT with Paddle Shifters, however, will be sold at P2 million and P2.1 million respectively.


from page 8

workers in canneries and fishing f leets were jobless for three months in this city. In the case of galunggong, the fishery official said there is a need to control the fishing of galunggong, sardine, and herring which are all used in canneries in the country. T h e BFA R r e g i o n a l director said that the threemonth closed season was effectively implemented for two years in the region and that this allowed sardines to proliferate, spawn, and multiply. The BFAR also deployed four of its patrol boats to check for sea poachers. (Interaksyon)

Hybrid... from page 8

guest at the recent Philippine first hybrid rice congress. “We w i l l send super hybrid varieties for testing here nex t yea r – in t he

dr y season,” said Yua n. “Maybe after three years, our super hybrid rice will be com mercia l ized i n t he Philippines t hrough our joint efforts. We will strengthen the friendship between Philippines and China through it.” (TPS)







friday April 26, 2013


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To boost bio-fertilizer production for NGP:

DENR to put up mycorrhiza facility in Agusan del Norte By BONG D. FABE

IN an effort to boost production to meet growing demands for bio-fertilizer for the government’s National Greening Program (NGP) in Mindanao, the Environment department is planning to put up another mycorrhiza facility in Agusan del Norte. Once established, this mycorrhiza facility will complement the other biofertilizer facilities now under construction in Bohol Island State University in Bilar, Bohol; Ramon Magsaysay State University in Botolan, Zambales; and Caraga State University in Butuan City. T he s e f a c i l it ie s a re needed to mass-produce the bio-fertilizer for NGP’s implementation during the Aquino administration. Using mycorrhiza as biofertilizer is very practical

b e c au s e of it s u n iqu e characteristics that boost root growth, said Dr. Evangeline Castillo, Ecosystems Research and Development Bureau (ERDB) science research s p e c i a l i s t a nd pr oj e c t leader for the mycorrhizal production. “Wit h t he limited avai labi lit y of water particularly during long dr y season, mycorrhiza increases the plant’s tolerance to drought,” she said. Castillo said mycorrhiza bio-fertilizers are very effective

in minimizing metal toxicity of soil in hostile environments such as mine waste areas and mine tailings site. St ud ies show t hat mycorrhiza’s unique ability to sequester heavy metals in the soil boosts the plant’s tolerance to toxicity and help minimize its transfer to the plants. This year, the Department of Environment and Natural Resources (DENR) aims to boost production of biofertilizers by 55 percent to effectively support the NGP. At present, only t he ERDB’s mycorrhiza facility inside the University of the Philippines in Los Baňos (UPLB) is producing the biofertilizers. Castillo said the ERDB is targeting to produce at least 155 tons of bio-fertilizers in

the second semester this year, which is 55 tons higher than last year’s production. As of March, 43 tons of bio-fertilizers have already been distributed to various DENR field offices. “The project hopes to produce about 500 tons of mycorrhiza by the end of the year from the three satellite nursery facilities established in Laguna, Bohol and Zambales provinces,” she said. Castillo said that ERDB’s “mycorrhizal technology” is key to this bio-fertilizer production. Mycorrhiza is a nitrogenfixing fungus that promotes fungal infection in the root area of a plant, induce root growth and improve transfer of water and nutrients to the host plant.

PHL, China developing super hybrid rice MANILA—The Philippines is poised to achieve a high average rice yield of 10 metric tons (MT) per hectare as it collaborates with China on the development of a super hybrid rice that could potentially push cost down to a cheap P5 per kilo. The target is possible as the super hybrid rice that the China National Hybrid Rice R&D Center (CNHR-RDC) is developing has already hit a milestone when it reached in 2011 a goal to yield 13.5 MT.

Raising yield to lower the cost is the single biggest cha l lenge faced by t he Department of Agriculture (DA) now. It would be the key to help farmers enjoy higher levels of living. “ T h e g o v e r n m e n t ’s program right now is to show farmers how to earn more because what’s important is how much is left in the pocket of farmers, not just how much income they make,” said Agriculture Secretary Proceso J. Alcala. The country is already

appro a c h i ng r ic e s e l fsufficiency with only 187,000 metric tons (MT) of imports this year. “But after attaining selfsufficiency, our next move is to help farmers lower production cost,” Alcala said. Through the super hybrid r ice a nd 10 -5 prog ra m (SHR-10-5), government is optimistic the goal to make Filipino farmers rich is achievable. “We want to have a yield of 10 tons at a cost of P5 per kilo. That’s the dream.

We have a long ongoing cooperation with China in Philscat. We’re establishing more aggressive cooperation because China was the one that gave us initial programs on hybridization of rice,” Alcala said. Yuan Long Ping, known as the Father of Hybrid Rice and CNHR-RDC director general, foresees the SHR to become a commercial success in the Philippines in three years. Yuan was the premiere hybrid/PAGE 11

BFAR excludes Zambo from ‘galunggong’ ban Z A M BOA NGA C I T Y— The Bureau of Fisheries a nd Aquat ic Resou rces (BFAR) has excluded the seas off Zamboanga from its planned imposition of a closed season for the catching of “galunggong” or round scad by the end of this year. BFAR Regional Director Ahadulla Sajili said the galunggong fishing ban will be similar to the one that the BFAR imposed against the fishing of sardines or tamban in the Sulu Sea and waters off the Zamboanga Peninsula, Basilan, Sulu and Tawi Tawi for the last two years. Sajili said the ban against the fishing of “galunggong” will not involve Zamboanga but will focus more on the waters a rou nd or nea r Palawan. Palawan is the source of “galunggong” for the Visayan and Luzon market and canneries. He sa id t here is no period yet decided for the imposision of a closed fishing season for galunggong in Palawan and nearby fishing

ground. In all probabilities this will be decided after a study on the spawning habits of galunggong. Sajili said BFAR Executive Director Atty Asis Perez is himself heading the study for the proposed closed season fishing ban. T h e B FA R f i r s t implemented its closed season for the fishing of sardines in December 2011 to end of February 2012. The same closed season for sardines was also imposed in December 12 to end of February 2013 While the ban against the fishing of sardines resulted in the suspension of work of 11 canneries and 14 fishing fleets based in this city, Sajili said the period allowed sardines to spawn and multiply during the closed season period. As a result, millions of sardines were saved from the canning process and allowed to produce millions more of their kind for consumption in the region, the country, and for export. Incidentally, some 30,000 ban/PAGE 11

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friday April 26, 2013

1ST GRAND REUNION OF CATERA-ESTANDARTE CLAN IN BUKIDNON A mix of dominant colors and happy faces dominated the Ist Catera-Estandarte Grand Reunion held April 20, 2013 in Kalilangan, Bukidnon. Delegations from as far as ComVal province in Davao, Iligan City in Lanao de Norte, Cagayan de Oro, Valencia, Bukidnon and Cebu City arrived in this rice-producing municipality of Bukidnon to attend the first ever grand gathering of the Catera and Estandarte families. The one-day event was highlighted by representations from the families and relatives in attendance and was capped by sports and friendly games. The 2nd Grand Reunion will be held April next year in ComVal province, Davao.

Today’s HOROSCOPE AQUARIUS (January 20 – February 18) - It is time to reinvigorate your spirit with positivity. An optimistic outlook can mean the difference between success and failure. Rely upon your intelligence to perform the task and your attitude to appreciate the achievement. Use every resource you have including those you can only feel.

GEMINI (May 21 – June 21) - This will be a busy week where you feel the pressure, but that doesn’t give you license to treat others rudely. When you are caught up in your own responsibilities it is easy to be short with those we spend the most time with. You may want to let those you love know this week won’t be the best time for you to socialize.

LIBRA (September 23 – October 22) - Before you go out and spend money like a rock star wait until the extra money you have has time to settle in the bank. Extra work has provided you with an extra financial cushion, but you may want to resist the temptation to spend big. The nice thing about getting ahead is if you make the right moves you can stay that way.

PISCES (February 19 – March 20) - Don’t feed into other people’s mental games. If someone has the time to play games let them. You however, have a full schedule and laundry list of goals that require your attention. Let others waste their time if they so choose and spend your time doing what you know will be beneficial.

CANCER (June 22 – July 22) - You are on the verge of exciting professional growth, but right now have a moment to ensure all your affairs are in order. Pretty soon you will be caught up in all the aspects of a business proposition and won’t have the time to manage your administrative and domestic affairs. Get ahead on this stuff now.

SCORPIO (October 23 – November 21) -The eclipse full Moon in your sign today can allow you to let go of a problematic way of life or situation. You may be doing something or involved in something that isn’t to your benefit and now you have the chance to let it go and move forward. Use this energy wisely and you can open up a totally new way to experience life.

ARIES (March 21- April 19) - Money and love are both necessary in life, but be careful you don’t confuse how the two should work together. Love serves the purpose of fulfilling your emotional needs while money fills the role of meeting your physical needs. The two are not interchangeable although they do work in tandem. Don’t think you can exchange on in place of the other.

LEO (July 23 – August 22) - No matter how significant a personal matter can seem at the time of occurrence it usually doesn’t affect the grand scheme too much. Remind yourself of this fact and do your best to avoid letting it consume you. The more energy you lend to the situation the bigger it will become so your best bet may just be to leave it alone.

SAGITTARIUS (November 22 – December 21) - If you continue to look for the perfect love situation or partner you will continue to be disappointed. Real love has real problems and requires real effort to solve. No one is perfect and if you keep expecting someone to be you will continue to be dissatisfied. Reevaluate your expectations and change them to help, not hurt you.

TAURUS (April 20 – May 20) - The eclipse full Moon in your opposite sign can cause your emotions to go into overdrive this week. Be careful you don’t expect too much of yourself or others and you are realistic about what can be achieved. Accept the fact that you cannot please everyone and work to satisfy yourself. You can be courteous, but don’t over accommodate anyone else.

VIRGO (August 23 – September 22) - In order to be able to take advantage of an unexpected opportunity you need to have your regular obligations handled. Although it can be tedious you want to free up as much time as possible in the event something exciting comes along. Set a goal to have all your administrative tasks squared away and work towards it diligently.

CAPRICORN (December 22 – January 19) - You can set goals and outline a plan very effectively autonomously, but when it comes time for action work better on a team. You know some of the most adept professionals in your field and can combine your efforts to be unstoppable. Rely on your stellar human resources and you can achieve all your goals.



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across 1.Ipswich’s county (7) 4.Held dear (5) 7.Anchorage (7) 8.Fear (5) 9.Accumulated supplies (6) 12.Draw near (8) 15.Seat at the front (8) 17.More costly (6) 18.Low seat (5) 21.European country (7) 22.Comedian, Grayson (5) 23.Floating wreckage (7)

DOWN 1.Unmarried woman (8) 2.Gallic country (6) 3.Fort, US gold depository (4) 4.Pig-fat (4) 5.Pre-1905 car (7) 6.Ken, comedian (4) 10.Indian title of respect (5) 11.Swiftness (5) 13.Family treasure (8) 14.Reveal (7)

16.Atractive object (6) 18.Tarnish (4) 19.Pond flower (4) 20.Slave (4)

Answers for last yesterday (April 25, 2013)

ACROSS: 1.Bailiff, 8.Lugano, 9.Bassets, 10.Alison, 12.Gayer, 14.Diet,15.Aconite, 16.Dips, 17.Diver, 18.Hearts, 22.Artisan, 23.Erebus, 24.Ammeter DOWN: 2.Adamantine, 3.Las Vegas, 4.Fits, 5.Hull, 6.Dabs, 7.Moon, 10.Acrid, 11.Open sesame, 13.Toffs, 14.Definite, 18.Heel, 19.Aces, 20.Tour, 1.Arum


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friday April 26, 2013

Maserati... from page 3

Lancaster, chairman of Britain’s Maserati Club. “It will be won by Maserati convincing the leasing companies and f leet managers that their product is competitive on a costper-mile basis with BMW and Mercedes.” Founded a century ago in Bologna by the five Maserati brothers, the company secured its place in racing history by winning the Indianapolis 500 in 1939 and 1940. After passing through the hands of a succession of owners including PSA Peugeot Citroen, Maserati was bought by Fiat in 1993. The Ghibli is a sma l ler, sportier version of the 110,000euro Quattroporte and the brand’s second four-door car. Named after a wind, like most Maseratis, the original 1967 model and a 199297 successor were both two-door GT coupes. The revived Ghibli arrives in Europe and China this summer and U.S. showrooms later in the year, to be followed in 2014 by a new Levante crossover sportutility vehicle. The Ghibli’s prices will start somewhere between 50,000 and 100,000 euros, Fiat has said, declining to comment on reports in the motoring press of a 70,000 euro entry ticket. Brand chief Harald Wester is expected to announce prices and sales targets at the Shanghai show. Fiat unions have been told the carmaker will add a second shift at its Maserati plant in Turin. Maserati hopes the entry-level car will draw more buyers with its racing pedigree, powerful engines and alluring styling. “For Maserati to grow, it needs to get into this segment

with a smaller car at a lower price,” said Pierluigi Santoro, a doctor and Maserati enthusiast based in Naples. Unrealistic As European mass-market brands suffer, carmakers are turning to higher-margin luxury marques to make up for lost revenue. Maserati and stable-mate Ferrari together sold 13,606 cars last year, or 0.3 percent of the 4 million total recorded by Fiat and its U.S. affiliate Chrysler. But they accounted for nearly 11 percent of group earnings. The Maserati roll-out is being watched closely for clues about next year’s Alfa Romeo relaunch, bi l le d by C h i e f E x e c ut i ve Marchionne as one of the main drivers of his Fiat strategy. Maserati is targeting a n increase in sales to 50,000 cars in 2015 from 6,288 last year, with the Ghibli and upcoming Levante contributing a combined 35,000. T he goa l may prove a s unrealistic as it sounds, forecasters say. LMC Automotive estimates that total Maserati production will reach 39,078 in 2015. IHS sees 28,100. Measuring just under five metres in length, the Ghibli comes with a 3.0-litre V6 turbo diesel or petrol engine, manual or eightspeed automatic transmission and optional four-wheel drive. The same underpinnings will be used for a large Alfa Romeo car as well as Chrysler’s nextgeneration 300 sedan, Dodge Charger and Challenger models. For Maserati, which sold 2,730 cars in the United States last year, there is a big gap to close with its competitors. Jaguar recorded 12,011 U.S. deliveries, while Porsche had 35,043 and Mercedes 295,013. The Ghibli will compete with the Audi A6, BMW 5-Series, Jaguar XF and Daimler’s Mercedes

E-Class but exceed all of their starting prices – drawing some scepticism about its prospects. While a move into biggerselling categories can unlock economies of scale, it also brings tough competition from the better-known names, said Stefano Avers a , ma na g i ng d i rec tor at automot ive con su lt a nc y AlixPartners. “With the Ghibli, Maserati is entering a higher-volume segment where Porsche and Jaguar are already well positioned,” he said.

Crisis... from page 1

development projects with Dela Sa l le Universit y, Subic Bay Metropolitan Authority and Camp Aguinaldo, among others. Another company under the Mendoza Group, the Lorenzana Energy International—a provider of global energy solutions—also has ongoing solar integration and development projects in Malaysia, Hawaii, Guam, California and Nevada. “Solar energy as well as other renewable energy sources is very appropriate for Mindanao if we look at the long term and the impact of climate change, which exacerbates natural phenomenon such as typhoons and storms. For the last several years, Mindanao is now the favorite of natural disasters, whose impacts were exacerbated by climate changeinducing fossil fuels. We can no longer afford to let Mindanao suffer. Solar energy is abundant in the island and it provides clean energy,” Mendoza stressed. Me n d o z a s a id t h a t for Mindanao, Lim solar is willing to offer electric cooperatives very minimal prices for solar power as well as 100% financing scheme for residential and small businesses. “For Mindanao, I will offer P7.47 per KWh to the electric

coop and large megawatt level users and P8.50 to small users. I will also straight finance the residentials and small businesses,” he said. Mendoza said he will be in Cagayan de Oro City on May 3 for a “lunch and learn” session with decision-makers in Mindanao. “I am now concentrating in Mindanao because of the energy crisis,” he said.

Outlook... from page 1

prudent to grant only a budget of P19.99 million for technical services consultancy,” the ERC said. The amount PEMC will use for the IMEM will be refunded to the spot market participants. Market fees are the costs of administering and operating the WESM. The government is banking on the establishment of the IMEM to help ease Mindanao’s power crisis in the short-term while waiting for the completion of power plants, many of which will come on stream in 2015. Besides giving power plants and other entities the opportunity to sell their available supply, the IMEM features a day-ahead pricing market where electric cooperatives are supposed to submit their bids or offers a day before the actual delivery or c u r t a i l m e nt of e ne r g y. Curtailment refers to cutting off electricity because of limited power supply.

Normin... from page 1

million. Cla rete sa id majorit y of the investments in Bukidnon include the construction of an industrial building and storage facility, expansion of agri-based production of cassava, corn, tomato and cut flower, expansion of shoes production, construction

of pump stations for banana production and infusion of capital on livestock. He added t hat t he bu l k of i nvest ment s i n M isa m is O c c id ent a l a nd L a n ao d e l Norte were derived from the infrastructure and servicing sector that included the expansion of a subdivision project, construction of a new commercial building and the procurement of additional machines and equipment for M i s a m i s O c c id ent a l w h i le that in Lanao del Norte were the renovation of a hotel and resort, expansion of a f lour production area, construction of a new commercial building and establishment of food chains and grocery stores. Meanwhile, investments in Camiguin were mostly One Town, One Product-related projects and monitored bank releases. A decrease of 87 percent was also noted for Misamis Oriental brought about by the decrease in investment in the infrastructure and servicing sector. Clarete said majority of the investments in the province were t he const r uc t ion a nd expansion of Centrio Ayala Mall, Primavera residences, Paseo del Rio, Bavarian Motor Works (BMW) showroom and Gaisano Department Stores which are already operating this year.

Perks... from page 1

project. Daesang Ricor Corp., a South Korean conglomerate which operates Cagayan Corn Products Corp. in Brgy. Tablon, is among the three companies which were given the green light by the BOI for perks. The commercial operation of the glucose syrup-production facility is expected to be in full swing by August 2013. The project is expected to earn $127 million


in export receipts in five years. The BOI said at least 70 percent of the production would be shipped to Asian countries such as South Korea, Vietnam and Thailand. Daesang Ricor Corp. is a joint venture between South Korean food-processing firm Daesang and loca l company Ricor Equities. The government also gave its nod to the grant of perks to Mega Manila G.N.B Motors Corp.’s production of copper ingots and plastic pellets for export in its Naic, Cavite, plant. The company started commercial operations in March. Mega Manila is spending P22.2 million for the project, which is projected to churn out 700 metric tons (MT) of copper ingots and 1,167 MT of plastic pellets annually. The company is expected to generate $25.22 million in sales within five years of its operations. Cloud 9 Global Sourcing C or p., a ma nu fac t u rer a nd exporter of garments, will also get fiscal incentives based on its capacity to produce 48,906 dozens of garments per year and projected export sales of $ 7.8 million in five years. The firm’s P9.96-million project involves the manufacture of men’s shirts, ladies’ blouses and children’s dresses. Its target market is South America. C l o u d 9 ’s c o m m e r c i a l operations started in March 2013 and it is expected to employ up to 100 personnel once production goes into high gear. The BOI said these export projects w ill help boost t he Philippines’s export receipts in 2013. According to figures from the Nationa l Statistics Office, the value of the country’s exports reached $51.99 billion in 2012, up by 7.5 percent from $48.3 billion in 2011.





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DAVAO CITY April 27-28, 2013 Atrium of Gaisano Mall Gaisano Mall Davao

CEBU CITY May 11-12, 2013 SM Cebu Trade Hall SM City Cebu


METRO MANILA September 28-29, 2013 SM Megatrade Hall SM Mega Mall

Call 02.9905258 or Email

BusinessDaily Mindanao (April 26, 2013 Issue)  

BusinessDaily Mindanao (April 26, 2013 Issue)

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