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Mindanao Daily Business (October 8, 2014)

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Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Bringing Good News of Mindanao

DTI keen on boosting manufacturing sector Volume III, No. 114

Editor : Cheng Ordoñez

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CDO joins 2nd Nat’l Letter Writing Day By Jasper Marie Oblina-Rucat

CAGAYAN de Oro City – Philippine Postal Corporation (PHLPost) area 8 announces the conduct of 2nd National Letter Writing Day (NLWD) on October 9, 2014 at SM Activity Center in Cagayan de Oro City. See writing, page B3

he recently concluded Philippine Economic Briefing highlighted the government’s goal of sustainability through the following: Infrastructure investments; development plan for small and medium enterprises (SMEs) and the manufacturing sector; and priority bills and additional reform agenda for the next two years. Trade and Industry Undersecretary Adrian Cristobal said that the government is keen on helping further boost the manufacturing sector of the country, which accounted for 2.3 million jobs as of last year or up by 1.5% from the previous year. He also reported that the average growth of the manufacturing sector accelerated

from 2.4% in 2005-2009 to 7.9% in 2010-2013. This growth accelerated further in the first half of 2014 to 8.8%. Cristobal said that with the continuation of government finance programs and technical assistance, the manufacturing sector is expected to generate more jobs in the near future.

Water district to open more payment options CAGAYAN de Oro City The Cagayan de Oro Water District (COWD) will soon accept bill payments via any ATM/Debit card or VISA credit card. The system enables concessionaires to transact for payment on non-cash basis. This service will initially be made available at its main office in Corrales Avenue.

Aside from this, COWD will also launch this month the mobile money payment scheme, using cellular phone and SIM card or the mobile money to pay for the water bill anywhere, anytime. According to COWD, this system wiil be initiated to cut the long wait in queues in their payment centers.(COWD/JCV/PIA)

LUNCH IS SERVED - Agriculture officials ñ led by Under-

secretary for Policy, Planning and Research Segrefredo Serrano (1st from left) and Assistant Secretary for Field Operations Edilberto De Luna (2nd from left) — join farmers and other participants in a boodle fight during the annual Farmers’ Day at the International Rice Research Institute (IRRI) in Los Baños, Laguna Wednesday, 1 October 2014. DA is IRRI’s number one partner in its National Research & Extension System. For IRRI’s part, Dr. Bruce Tolentino, Deputy Director General for Communication and Partnerships, highlighted the importance of having a strong partnership between IRRI and DA to unleash the unparalleled potential of Filipino farmers. (PNA photo courtesy of DA AFID) CTB

Editorial: e-mail: mindanaodailynews@gmail.com • Advertising: e-mail: mindanaodaily.ads@gmail.com Contact: 0917-7121424, 0947-8935776


B2 Mindanao Daily NEWS business . economy . corporate . banking Your Mindanao-wide Community Newspaper

Economy

wednesday, october 8, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

ARMM studes celebrate agri-fishery through mosaic making contest

Jerson Huelar of Purok 4-C, Gusa was the lucky winner of 25 kilos of rice during the Basura Ko, Atimanon Ko Rafle Draw held last September 29 at the barangay Gusa Covered Court. His mother received the prize from barangay Chairman Marlon Tabac of Gusa and AGM Jong Batar of COWD on his behalf. Basura Ko, Atimanon Ko is an Ecological Solid Waste Management Project initiated by the Brgy. Council of Gusa with COWD as its partner-agency for the month of September. An entry of five pieces of recyclable materials entitles one to a raffle ticket. Second prize was 15 kilos rice while third prize was 10 kilos. 20 Consolation prizes of 3 kilos rice each were also given away. COWD has supported projects that encourage people to protect the environment. (COWD)

Trade dept sets activities for Consumer Welfare Month By Jasper Marie Oblina-Rucat of PIa-10

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AGAYAN de Oro City – The Department of Trade and Industry (DTI) in coordination with the Department of Education (DepEd) and the Department of Energy (DOE) will host a Provincial Quiz Bee on October 10, 2014 at the SM Activity Center, Cagayan de Oro City as one of the activities set in celebration of the Consumer Welfare Month. Pursuant to Presidential Proclamation No. 1098 dated September 26, 1997,

the month of October has been declared as the CWMConsumer Welfare Month. This year’s celebration will be hosted by the Department of Energy (DOE) with the theme: “Sapat na Impormasyon: Susi sa Wastong Paggamit ng Enerhiya.” From October 13 to 17, DTI is set to award 47 units of the “Timbangan ng Bayan” to 23 municipalities and three cities including Cagayan de Oro city in the province of Misamis Oriental, as part of the agency’s

continuing effort to promote consumer welfare and a healthy business environment. The “15kg x 50g” Stainless Mechanical Scale will come along with 47 customized and high quality Housings; seven sets of “11.5kg” Test Weights (1pc 5kg, 2 pcs 2kg, 1pc 1kg and 1pc 500g); and seven sets of “10kg” Test Weights. Through the Timbangan ng Bayan, consumers are provided an effective means of checking the accuracy of the weights and the quantity of the goods they buy. DTI Misamis Oriental Provincial Office is also set to conduct an IEC or Information and Education Campaign in Cogon market this month.

According to DTI provincial director Ma. Eliza A. Pabillore, one way to continually empower both the consumers and the business sectors is by engaging them to an IEC or Information and Education Campaign. It is hoped that through this IEC, all stakeholders get a fair chance of presenting and addressing market issues that are actually occurring in the area. There will also be awarding of DTI- BAGWIS. Pabillore said that the DTI Bagwis Program aims to give due recognition to establishments that uphold the rights of consumers and practice responsible business where consumers get value for money. To increase the number of

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MDN: OCT. 2, 3, 6, 7, 8, 9 & 10, 2014

DTI BAGWIS AWARDEES, DTI introduces the Bagwis Program to business establishments (BEs) through briefings. Through the briefings more BEs are encouraged to join and apply for the program. And qualified BE’s are recognized by giving them bronze, silver and gold bagwis awards. Meanwhile, winners of the provincial quiz bees (Misamis Oriental, Lanao del Norte, Bukidnon, Camiguin, Misamis Occidental) will contend for a Regional Quiz Bee on October 29, 2014. Finally, on October 31, as the Christmas season draws near, DTI-MOR gears up for the monitoring of Christmas lights. This is to ensure that only certified Christmas lights are sold in the market. (JMOR/PIA10)

COTABATO City – The status of the Autonomous Region in Muslim Mindanao (ARMM) as a leading agri-fishery center in the country was highlighted by students in a mosaic making contest organized as part of the observance of the World Food Day in 10 October, this year. The nine Grade 6 students who took part in the contest created mosaics out of materials like rice, corn, coffee and other crops found in abundance in the ARMM. The event was organized by ARMM’s Department of Agriculture and Fisheries (DAF). The winner will represent the region in the national level of the competition this 10 October. ARMM bagged the top prize in last year’s national finals. Makmod Mending, Jr., DAF-ARMM secretary, said they are hoping the region will again grab the first prize this year. “Last year, Abdul Kadir Alamid, a Grade 6 student bested 18 other contestants in the national finals. This year, I wish another young pupil from ARMM will do the same,” he said. Mending lauded the students as young artists who use talents to harness fresh ideas and bring about innovations. Winners of the contest were judged based on the following criteria: 20 percent for originality, 30 percent for visual impact, 30 percent for creativity using abundantly produced agri-seeds and aquamarine products, and 30 percent for theme relevance. The regional champion will receive a cash prize of P3,000, gift items and a chance to represent the region in the national level, where he or she get the chance to win P15,000 in cash prize and other incentives. Teacher Lilybeth Gomez of Tenorio Elementary School in Datu Odin Sinsuat town, who coached last year’s national grand champion, encouraged participants and their coaches See contest, page B3

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on August 2014: AUCTION DATE: October 21, 2014 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon


wednesday | october 8, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Banking

Mindanao Daily B3 NEWS business . economy . corporate . banking Your Mindanao-wide Community Newspaper

CEPALCO drops distribution prices in time for Consumer Welfare Month By BWM News Bureau

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ust as the country’s biggest utility is again poised to raise its generation charges as a result of the four day shutdown of the Malampaya fueled power plants, Cagayan de Oro’s electric distribution utility dropped its retail prices starting with this month’s billings. In a statement sent to media, the Cagayan Electric Power & Light Company, Inc. (CEPALCO) informed its customers of the reduction of its distribution rates starting with the October 2014 billings based on the Energy Regulatory Commission’s (ERC) Order No. 2014-028 dated 04 August, 2014, approving CEPALCO’s proposed Maximum Average Price (MAP) for Regulatory Year 2015. It

Writing..... from B1

Done simultaneously with PHLPost areas nationwide, the writing activity is in partnership with the Department of Education (DepEd), Komisyon sa Wikang Filipino and SM Supermalls. Star ted in 2013, the NLWD is a simultaneous letter writing of select students nationwide. This was created to encourage Filipino students to continue using letters as way of communicating and expressing thoughts. With this year’s theme “Pinasaya,” participating students are expected to write happy thoughts to delight a family member, friend, teacher, or anyone special. According to PHLPost Area 8 director Nimia S. Acebes, the National Letter Writing Day is part of “PHLPost’s Sulat-Mulat Postal Awareness Campaign” with the aim of re-introducing and promoting the art of letter writing as a means of communication among students in today’s digital age. The activity will also help the students hone their composition skills and foster the enjoyment of sending and

was signed by ERC Chair Zenaida G. Cruz-Ducut and commissioners Alfredo J. Non, Gloria Victoria C. Yap-Taruc and Josefina Patricia A. Magpale-Asirit. The said ERC Order was officially docketed and posted at the ERC Website on September 23, 2014. Specifically, the average reductions in the distribution rates as compared with the August 2014 billings are as follows: Consumer Group Konsumanteng Kagay-anon Inc. (KKI) welcomed the development as another positive indication that consumers vigilance and advocacy pays off, this coming just as the country celebrated Consumer Welfare Month (CWM). The CWM is held every October pursuant to Presidential Proclamation

No. 1098. This event is led by the National Consumer Affairs Council (NCAC), which was created under Republic Act 7394, better known as the “Consumer Act of the Philippines,” to improve the management, coordination and effectiveness of the nation’s consumer programs. The theme for this year’s CWM is “Sapat na Impormasyon: Susi sa Wastong Paggamit ng Enerhiya” as the DOE and NCAC aim to highlight consumer education in choosing the best energy choices. “For the longest time, the DOE has been constantly pushing and updating the public on the efficient use of energy consuming devices, not just to lower their electricity bill, but also to instill a sustainable way of living.” DOE Usec. Loreta

G. Ayson said during the Chairmanship Turnover Ceremony for the hosting of the 2014 Consumer Welfare Month held at the DOE Training Room on 22 July 2014. “Consumers are always shortchanged. The philosophy of our trade is that it is more important than public welfare. It is always business first, before consumer rights. We need to change that,” said DOH representative and Food and Drugs Authority Director, Dr. Kenneth Hartigan-Go during the same launching event. The Department of Energy (DOE) leads the celebration of the 2014 Consumer Welfare Month (CWM) highlighting the recent launch of its consumer websites — Kuryente and WattMatters, aimed at

educating the public on the fundamentals of power industry operation and efficient energy utilization. The Kuryente website (www.kur yente.org.ph) aims to respond to the public’s perennial question about energy, “Magkano ba ang kuryente mo?” The site provides a database of the country’s distribution utilities, power rates, and other valuable information about the power industry. The WattMatters website (www.wattmatters.org.ph), on the other hand, seeks to teach people the value of managing energy use as it shows the cost of operating energy appliances and how to save energy. Through these basic tools, the DOE hopes to empower consumers in making more intelligent energy choices at the most

opportune time when volatile energy prices pose a formidable challenge in budgeting household income for monthly expenditures. The DOE is an ex-officio member of the NCAC together with non-governmental organizations Nationwide Association of Consumers Inc., Consumer Rights for Safe Food, Coalition for Consumer Protection, and Welfare Inc., National Federation of Women’s Clubs of the Phils., Inc., Phil. Bakers Industry Group, and the Philippine Retailers Association, as well as representatives from the Department of Agriculture, Department of Education, Department of Trade and Industry, and the Department of Environment and Natural Resources.

receiving letters through the postal office. PHLPost Postmasters will facilitate the discussion and actual letter writing and mailing activities in the said event. (PHLPost/ JMOR/PIA10)

Contest..... from B2

to continually nurture the artistic gifts of the pupils. “Winning the national championship was the biggest surprise, aside from the cash incentive, we were treated to a 3-day educational tour and a visit to the national museum,” she said. “But above all, as the coach, the fulfillment of being able to guide your student discover his potential while giving honor to ARMM and our institution was overwhelming,” she added. ARMM is among the country’s leading producers of crops like cassava, rice, corn and coffee. World Food Day 2014 carries the theme “Family Farming: Feeding the world, caring for the Earth”. (Bureau of Public Information)

Members of the Multi-Stakeholder Advisory Committee (MSAC) convened on September 30, for its 3rd Quarter Meeting to discuss: GIS & Remote Sensing on Technology for Disaster Risk Reduction & Management for Region 10 LGUs; Partnership on Volunteer Citizenship Program (VCP) with VOICE Network; CCT Updates; WATSUN HUB activities & updates; accomplishments & updates on LGU Best Practice Documentation(GO-FAR); Fora on corruption; and TESDA TVET Labor Market Information. (EOR/PIA 10)


B4 Mindanao Daily NEWS business . economy . corporate . banking Your Mindanao-wide Community Newspaper

TESDA Director General and PBA Legends for TESDA-TRABAHO Advocacy Cagayan de Oro City -- The Technical Education and Skills Development Authority (TESDA) Region 10 in partnership with the Province of Misamis Oriental will be hosting the newly launched project of TESDA Director General Joel Villanueva entitled “SHOOT FOR YOUR DREAMS”. SHOOT FOR YOUR DREAMS is a basketball exhibition game which aims to motivate and help the Filipino youth especially out-of-school youths (OSYs) in turning their dreams into reality. The project will also develop and promote Technical Vocational Education and Training (TVET) to the general public.

Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 wednesday | october 8, 2014

TESDA Director General Joel Villanueva together with PBA Legends Alvin “The Captain” Patrimonio, Jerry Codiñera, Bal David, Rodney Santos, Bobby Jose, Kenneth Duremdes and Marlou Aquino composed the team dubbed as TEAM TRABAHO which means, T-raining, R-eaccelerating, A-ccess, B-oosting, A, H-igh Impact, O-pportunity to every Filipino. TEAM TRABAHO will be playing against TEAM BAMBI on October 8, 2014, 6:00-8:00 PM at Lugod Gym, Gingoog City. Everyone is invited to watch the exhibition game for free.

Beats sound and store

Create your own playlist or store your favorite movies and games with Beats sound and store promo. Starting October 1 to November 15, every purchase of Beats by Dr. Dre Solo HD (black, white) or Beats Pill 1.0 (black, white, red, nicki-pink) comes with a free 500GB Seagate Backup Plus Slim Portable Drive. Never run out of storage space to stash away your digital entertainment files. Beats Solo HD headphones look as good as they sound. Beat’s proprietary titanium-coated driver technology ensures that Solo HD headphones preserve sound and accurately reproduce all the details of your music. Every pair is made of superdurable flexible material,

reinforced with a metal strip for comfort and durability. This headphone is perfect for life on the road with its unique folding and compact design. For those who like to play it loud and take the party with them, Beats Pill 1.0 is the excellent choice. It’s lightweight, portable and completely wireless. This blaster features a four speaker system with Beats unique sound profile housed in a conveniently small build. Aside from delivering high fidelity audio transmission via Bluetooth, it also supports call functions when it’s paired with your mobile phone. Pill 1.0 delivers 7 hours of uninterrupted playback, even at up to 30 feet away from your device. Seagate portable external hard drives deliver sleek and

reliable storage you can easily take on the go. And the USB 3.0 plug-and-play Backup Plus Slim Portable Drive is the slimmest that Seagate has to offer. It’s thin, light and comes with easy-to-use backup software to keep your files intact and on the go. With a 500 GB storage capacity, Backup Plus Slim lets you carry all your files with you when you take off. Buy Beats Solo HD or Beats Pill 1.0 for Php 12, 500 and get a 500 GB Seagate Backup Plus Slim Portable Drive for free from the following resellers: Abenson (Ascott, Glorietta 1), Astrovision/ Astroplus (Grrenbelt 5, Shangrila Mall, SM Aura, SM MOA, Vmall), Automatic Centre (Gateway, Glorietta 4, Trinoma),

Avant (Greenbelt 4, Trinoma) Beyond PC (SM Megamall), Beyond the Box (Galleria, New Port Mall, Robinsons Ermita, Rockwell, Vmall), iStore (Ayala, SM Cebu), Gadgets@Extreme (Sta. Mesa) Gadgets in Style (Marquee Mall, Shangri-la Mall, Trinoma) The Landmark (Makati), PC Corner (SM Fairview), PC Express (ATC, Market Market), Perfect Icon (Gilmore) Octagon (ATC, Glorietta 3, SM Megamall, Vmall), Power Mac Center (Greenbelt 3, North East Square Connecticut, Robinsons Manolia, Rockwell, SM Aura, SM Lanang-Davao, SM MOA, SM Marikina, SM Megamall, SM North Edsa Annex, SM Pampanga, The Podium, Trinoma) SM Appliance (Aura, Fairview, Makati, Megamall, MOA,

Backup Plus Slim Portable PC 500GBBlack-HeroRight-v3

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Rockwell), Robinsons Appliance (Galleria), Rustan’s (Shangri-la Mall) Switch (ATC, Glorietta 2, Marquee Mall, UP Technohub). You may also call MSI-ECS, the exclusive distributor

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Beats Pill 1.0 pink

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of Beats by Dr. Dre in the country, at 688-3180 or email marketing@ msi-ecs.com.ph for availability. See flyers for more details.


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