Mindanao Daily Business (September 26, 2014)

Mindanao Daily NEWS BUSINESS . ECONOMY . CORPORATE . BANKING Your Mindanao-wide Business Newspaper

Volume III, No. 105

Editor : Cheng Ordoñez

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See2014 story on Page B1 12 September 26,

RDC-X endorses MCT as principal port of entry

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he Regional Development Council Executive Committee (RDC-X ExCom), in its 104th meeting presided over by RDC-X Acting Chair and NEDA-X

Director Leon M. Dacanay, Jr. on September 24, 2014 in Cagayan de Oro City, endorsed the proposed declaration of the Mindanao Container Terminal

(MCT) as a principal port of entry from being a subport of the Cagayan de Oro base port. Contributing 86 percent share of the region’s total customs collections

in 2013, the MCT consistently showed increasing domestic and foreign cargo throughput and shipcalls.

Declaring it as a principal port would emphasize its

print engineer!

role in the region’s vision of becoming a major gateway in the south.

The body also supported and endorsed the following See port, page B3

DTI notes good performance in the industry, service sectors DAVAO City - The Department of Trade and Industry (DTI-11) is bullish in achieving the region’s industry development strategy targets by end of this year, noting the good performance of the industry and service sectors in the first semester.

DTI-11 officer-in-charge Ma. Belenda Q. Ambi said See industry, page B3

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

B2 Mindanao Daily NEWS

Economy

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friday, september 26, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

GreenMinds livelihood eco-enterprise gets SSF Republic of the Philippines Local Civil Registry Office Province of Zamboanga del Sur City/Municipality of Tukuran NOTICE FOR PUBLICATION In compliance with SECTION 7 of R.A.No.10172 a notice is hereby served to the Public that Jessie Collamat Roble has filed with this Office a petition for correction of GENDER FROM MALE to FEMALE in the certificate of live birth JESSIE COLLAMAT ROBLE who was born on February 14, 1993 at Tukuran, Zamboanga del Sur and whose parents are Dionesio S. Roble and Fe R. Collamat.

Any person adversely affected by said petition may file his/her written opposition with this Office not later than ___________.

(Sgd.) GINALYN D. ACUÑA

Municipal Civil Registrar MDN: Sept. 19 & 26, 2014

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on August 2014:

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he Shared Service Facility (SSF) project of the Department of Trade and Industry in Region-10 is seen to promote the organic food processing industry in the area.

GreenMinds Inc. is a duly-registered 13-year-old service and people-oriented, non-government organization based in Cagayan de Oro City.

The organization is devoted to the preservation and protection of fragile environment, through the practice and dissemination of ecological agriculture and fostering of the spirit of volunteerism.

In line with its aim to improve and uplift from poverty the lives of the marginalized sector through sustainable livelihood op-

tions and eco-enterprises, such as organic farming, it maintains an advocacy and fair trade network through its membership in the Organic Certification Center of the Philippines (OCCP).

The main part of GreenMinds Inc. advocacy is to promote organic agriculture technologies in Mindanao, especially in the community of Indigenous Peoples.

Currently, they are technically assisting two IP communities in Kiabo, Malitbog and Basak, Kitaotao, Bukidnon.

These communities are now continuously producing organic peanuts.

On September 11, 2014, the Department of Trade and Industry in region 10 approved the Shared Service Facilities for GreenMinds

Republic of the Philippines Local Civil Registry Office Province of Zamboanga del Sur City/Municipality of Tukuran NOTICE FOR PUBLICATION

AUCTION DATE: October 21, 2014 Estrada Bldg., Fortich-Don Carlos Sts., Malaybalay City, Bukidnon

In compliance with SECTION 7 of R.A.No.10172 a notice is hereby served to the Public that Florante Buco Cabal, Jr. has filed with this Office a petition for correction for gender from female to male in the certificate of live birth of FLORANTE BUCO CABAL, JR. who was born on March 28, 1993 at Tukuran, Zamboanga del Sur and whose parents are Florante Y. Cabal.Sr. and Enriquita T. Buco.

Any person adversely affected by said petition may file his/her written opposition with this Office not later than___________.

(Sgd.) GINALYN D. ACUÑA

Municipal Civil Registrar MDN: Sept. 19 & 26, 2014

Incorporated, a Colloid Mill equipment, to upgrade their organic peanut processing, the project, which has a total cost of P300,000, is expected to address production gaps.

The approval of SSF for the upgrading of equipment will impart the following direct benefits in income generation within the Indigenous Peoples (IP) community.

With the equipment obtained from the approval of SSF Project, the organization can now proceed with their proposed project expansion.

This will in turn benefit the members and workers to gain

sustainable income for them and for their family.

This would also improve their standard of living and develop their livelihood.

The GreenMinds Inc. will provide employment to 200 Indigenous Peoples (IP) farmers who are producing organic peanuts in the countryside and who are at present the production networks of the organization in organic agriculture, 25 additional GreenMinds Inc. piece-wage workers who will be directly or indirectly employed in the processing and marketing processes and 10 new distributors/ outlets in the three major islands of the Philippines.

Customs seizes P50-M worth illegally imported Thai rice The Bureau of Customs seized an estimated 1,250 Metric Tons (1.25-million kilograms) of white rice that had been arrived in the country without the required import permits from the National Food Authority (NFA). The rice, stocked in 25,000, 50-kg bags, was contained in 50, 20-foot container vans, have an estimated market value of about P50 million.

The rice arrived at the Manila International Container Port from Bangkok, Thailand last June 2, 2014.

It consigned to Tres Mujeres Agri Venture. The shipment was subject of derogatory information received by the Bureau’s Enforcement Group. Upon further verification with the NFA, it was found that this particular shipment of rice was not issued any import permit.

Moreover, as the shipment remained unclaimed beyond 30 days upon arrival in the country, the Tariff and Customs Code of the Philippines provides that this should already be considered abandoned by the consignee.

“Regardless of circumstances, it is very clear in the law that import permits are a requirement before the Bureau can clear regulated shipments like rice and all illegally imported items are subject to seizure. We will no longer tolerate nor allow situations where importers can clear shipments without valid permits as this puts our people in compromising situations and breeds corruption. It’s strictly ‘no permit, no entry,’” stressed Customs Commissioner John P. Sevilla.

Presidential Decree 4 and Republic Act 7178 or the Agricultural Tariffication Act mandates that only the NFA can import rice and private entities who wish to do the same must secure a permit from the agency. In addition, the World Trade Organization (WTO) Committee on Trade and Goods has allowed the Philippines to extend Quantitative Restrictions (QR) on rice imports until 2017. The ruling, which would be endorsed to the WTO General Council, allows the Philippines to import 350,000 MT of rice under the Minimum Access Volume (MAV) with a 40% tariff. Imports made outside of the MAV would be levied a 50% tariff. The extended QR will give more time for local farmers to improve efficiency and the local rice industry to build production capability and reduce costs to cope with increased competition in Southeast Asia. (DoF)

friday | september 26, 2014 Advertising and Editorial E-mail : mindanaodailynews@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Corporate

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CebPac supports Mactan-Cebu Airport expansion

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he Philippines’ leading airline, Cebu Pacific (PSE:CEB), expressed its support of the Mactan-Cebu International Airport’s expansion. The airline currently operates 27 routes from Cebu to other domestic and international destinations.

The P17.5B Mactan-Cebu International Airport expansion project aims to modernize the Philippines’ second largest aviation hub. The passenger terminal building’s current capacity accommodates 4.5M passengers per year. With the expansion, the Mactan International airport will increase its annual capacity to 8M passengers per year.

Last year, CEB estimates about 3.33M passengers flew within its Cebu hub.

In Q2 2014, CEB posted a 14.75% year-on-year growth in passengers from the hub.

“We welcome the expansion of the Mactan International airport. Cebu is a very important hub for us. CEB has been operating flights at the Mactan airport since 1996. We are reviewing our network plans out of Cebu and we look forward to offering CEB’s low fares to even more travellers,” said Atty. Jorenz Tanada, CEB VP Corporate Affairs.

Meanwhile, CEB is set to start flying non-stop, direct flights from Manila to Riyadh on October 1, and to Dammam on October 4, this year. The airline also started flying non-stop from Manila to Sydney last September 9.

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The Department of Budget and Management (DBM) has approved the release of P565 million to the Local Water Utilities Administration (LWUA) for the continued development of potable water supply systems covering the poorest provinces in the country.

The fund release—sourced from LWUA’s Regular Appropriations under the 2014 National Budget—will support efforts on water source development and the construction of pumping stations

and pipe lines.

The P565 million will also cover the development of Level III water supply systems, or the actual service connection of the individual households to the water supply.

“Ensuring better access to quality health services—such as safe drinking water—is one of the keystones of our development agenda. This applies most especially to our poorest provinces, where there isn’t enough potable water to go around,” Budget

Secretary Florencio “Butch” Abad said.

The P565-million fund release will support the development of water supply facilities in a total of 38 water districts in 10 provinces. A water district is defined by LWUA as a local corporate entity that operates and maintains a water supply system in one or more provincial cities or municipalities.

The 10 provinces covered in the fund release are Abra, Kalinga, Masbate, Camarines Sur, Western Samar, Eastern

Samar, Northern Samar, Zamboanga del Norte, Surigao del Norte, and Surigao del Sur. “We have given the LWUA the go signal to develop these water systems and bring reliable and sustainable water supply services to communities in need. In the short-term, we’re after the the immediate improvement of health and sanitation conditions in these areas. Ultimately, our goal is—as always—to enhance the overall standard of living for the country’s poorest,“ he added.(DBM)

Industry.....

of the 234,000 target for the year.

“Given this trend, we can double the target by end of the year,” she stated during a media forum at Big 8 Corporate Hotel in Tagum City.

From the service sector, 955,000 employments have been created also during the first quarter, which posted 94 percent achievement from the annual target of

1.19 million.

Ambi bared that US$538 million out of the US$900 million target has been reaped by the region from the exports generated during the first quarter.

“We still have to complete the remaining 40% towards end of the year,” she stated.

For the domestic sales, the region has achieved P530 million in the first

semester, out of the set target of P880 million.

The DTI-11 official also reported that investments coming in the region have been “very bullish” considering the P14.67 billion accomplishment out of the P40 billion target.

Ambi noted that 66% of the achievement came from Davao del Norte, saying “the province really shows that it’s pushing for

investments. The area is very promising for investments.”

She said investments in the entire region have been poured in renewable energy, banana, some infrastructure projects and mass housing as among the big ticket projects.

These accomplishments in the industry and service sectors proved that Davao Region is “really perform-

ing well,” Ambi stated.

For the small and medium enterprises, DTI-11 has generated and registered 7,897 business names for the first semester of this year.

Ambi said that government agencies continue to intensively look for investments and enterprises to generate more jobs in the region. (PIA-11/Carina L. Cayon)

counter/reduce additional upfront costs for imported raw materials in bulk further considering the inclusion of containerized cargoes.

It can be recalled that in mid-2013, the BOC assigned cargo examination to a private contractor in a separate designated examination area/customs clearing area (DEA/CCA) outside the MCT. Subsequently, the BOC X-Ray inside the MCT was also transferred to the DEA/CCA. The transfer has incurred additional cost burden to the shippers as said cargo movements are charged between MCT and

DEA. In view of the Department of Finance (DOF) Department Order No. 12-2014 which required importers to secure clearance from the Bureau of Internal Revenue (BIR) head office as a pre-requisite to importer accreditation, the committee also endorsed the following recommendations to BIR: 1) to set up a special window for provincial applicants and establish help desks especially for small companies with limited manpower; 2)

set up an online appointment (queing) system so that applicants can go to Manila only during their scheduled appointments; and 3) over the medium-term, decentralize the issuance of BIR clearance by deputizing BIR District Offices.

The Committee also endorsed the proposed Institutionalization of the Regional Development Budgeting Process Framework (RDBPF) as an alternative fiscal reform intended to bridge the gaps in regional

budget allocation through the RDCs. The RDBPF will ensure greater transparency in regional budget allocation and provide a venue for Agency Central Offices and the Regional Development Councils to discuss priority regional projects.

In the same meeting, NEDA-X turned over the Climate Change and risk Information System for Planning (CRISP) server to the Department of Environment and Natural Resources (DENR-X). The server is

expected to facilitate sharing of geo-spatial data towards mitigating the effects of climate change and disaster risks. (Peleta B. Abejo, DRD, NRO-X)

from B1

the industry and service sectors which are the biggest job contributors, have been doing very well with accomplishments of more than half of the targets in three major indicators.

Ambi said that the industry sector has generated 245,000 employments in the first quarter alone, out

Port..... from B1

recommendations to the Bureau of Customs (BOC): 1) bring back total cargo inspection inside the MCT premises and fully implement the electronic selectivity system; 2) review and roll out of an improved system in disposing abandoned cargoes and implement BOC’s rationalization plan to ensure the right number of personnel to carry out timely disposal of abandoned shipments reportedly overstaying at the MCT; and 3) reassess the Load Port Survey (LPS) to * * * *

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DBM pumps P565M into water systems

B4 Mindanao Daily NEWS

Banking

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NOTICE TO THE PUBLIC

Maybank continues to look for banks to acquire, merge-with

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The public is hereby informed that Mr. Jojen M. Cadusale also known as “Jojo”, whose picture appears above with address at P-5 Brgy.19, Buhangin, Butuan City is no longer connected with Uraya Land Development., Inc. – Butuan Gardens Memorial Estate since September 6, 2014. Any transaction made or which he may, hereafter, undertake in behalf of Uraya Land Development, Inc. – BGME shall not be honored by the company MDN: Sept 26, 2014

Read the digital edition of Just log on to

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aybank Philippines.

Inc. continues to have exploratory talks with other financial institutions in its bid to grow its business aggressively.

Maybank Philippines President and CEO Herminio Famatigan Jr. declined to name the banks that they are in talks with but said that these institutions have businesses that complement those of Maybank’s.

He explained that the Philippines is an important market for the Malaysian Maybank Group because of the rising significance of the domestic economy in the region.

He, however, said that sealing a deal this year is not feasible given that only a few months are left before the year ends.

He also said that the number of branches that the would-be acquired bank is not the only consideration. “ We n o w h a v e 8 0 branches. If we’re gonna buy, we like it to have a direct impact in terms of market coverage, not necessarily have the number,” he told reporters at the sideline of the launch of the bank’s partnership credit card with one of the world’s successful sports team, Manchester United.

Since starting its domestic operations in 1997, the bank has grown organically but Famatigan said there are huge opportunities here for merger or acquisitions.

“There’s a clear intention. There’s a real seriousness in the group to look for opportunities for acquisition or merger…

What we’re looking for is to scale up marginally,” he said.

Famatigan said the segment of their consumer business, which offers retail loans as well as auto, credit card, and mortage, grew by 40 percent in the first half of 2014, a big leap compared to the about 40 percent rise in the whole of 2013. ” The aspirations are huge in this market. We’re bringing to the market the technology, expertise, and the knowledge…We want to expand it in a more efficient way,” he said.

Meanwhile, the Mayb a n k - Ma n c h e s t e r c o -

branded card, which is powered by Visa, is the latest partnership between the two after the same tie-up in Malaysia and Singapore.

Holders of the said card will enjoy five times TreatPoints every time the Manchester United Team wins a Premiere League game and 10 times TreatPoints when the holder shop at the Manchester United Megastore Online at 10 percent discount.Maybank Philippines Inc. Vice President and Cards Head Eden Leah V. Estrella, during the launch, said Manchester fans who are also holders of the said credit card will have 10 percent discount if they use the card when they eat at Red Café in Old Trafford Stadium and a 20 percent discount when they go on a tour in the Manchester United museum and stadium. ” We made the Maybank-Manchester United credit card ideal for active

and sports-oriented Filipinos as we have partnered with various sports retail stores, fitness centers and sports bars where they can enjoy discounts, which in on top of the regionwide privileges offered

by Maybank-Manchester United credit card,” she added.

Also, Manchester United Group Managing Director Richard Arnold said Manchester has nearly 22 million followers, who can take advantage of the Maybank-Manchester credit card privileges. ”We have had tremendous success with five dual branded financial products available across Malaysia and Singapore and our fans have been able to experience unique Manchester United Prizes and experiences. Collaborating with Maybank is helping us achieve our ultimate goal of engaging with Manchester United fans on a global scale,” he added. (PNA)

Improved income, welfare key to sustaining peace in Mindanao MAKATI City - Improving people’s income and welfare within the first few years of the implementation of the Bangsamoro will play a crucial role in sustaining peace in Mindanao, an expert said.

Dr. Fermin Adriano, senior policy advisor to the World Bank Peace Building Fund Project, said measures should be undertaken to increase the productivity of farmers and fisherfolk, the majority of the population in the proposed Bangsamoro, the political entity that will replace the Autonomous Region in Muslim Mindanao.

Speaking at the Forum on Development Opportunities and the Comprehensive Agreement on the Bangsamoro at the Intercontinental Hotel, Adriano stressed government should also provide better basic services.

He cited in particular the need to extend health services

to mothers and infants as well as potable water system. He said it should at least be a Level 2 water system. “Forget Level 1.”

Level 2 water supply is when there are public water faucets serving a community, while in Level 1, the only sources of water are wells or springs. Level 3, on the other hand, is when water is supplied through faucets in the households.

Adriano said the region should focus on products with comparative advantage as shown by their respective outputs.

Adriano cited that based on a study in 2011, the region has shown potentials in the production of tropical fruits, raw materials like minerals and cereals except for rice.

He said this finding should make government build an irrigation system that is cropneutral or one that is not

SUBASTA

designed for rice alone.

He added that short-term training in vocational skills needed attention. However, he cautioned that such intervention should take note of a labor market study by the International Labor Organization that there was a discrepancy in skills training vis-à-vis available jobs in the region.

Adriano also clarified that investors will not come in droves right after the passage of the BBL. He said it will take time before investor confidence is fully established.

He said that at the onset of the Bangsamoro the other regions would be the first to benefit from it.

Investors would pour in capital in neighboring areas while maintaining a waitand-see attitude toward the Bangsamoro, he explained.

(H. Marcos C. Mordeno / MindaNews)

Sa Ika-3 ng Octobre 2014, ang lahat ng hindi natubos na sangla sa buwan ng Mayo 2014 sa mga sumusunod na CEBUANA LHUILLIER PAWNSHOP branches ay ipagbibili sa isang Public Auction sa Poblacion 1, Pigcawayan, North Cotabato (8:00 am) o Pioneer St., Midsayap, North Cotabato o Sinsuat Avenue,Rosary Heights 7, Cotabato City o Sinsuat Avenue, Cotabato City o Don Rufino Alonzo Ave., Pob. 5, Cotabato City o Poblacion 1, Pigcawayan, North Cotabato o Mangga St., Poblacion 1, Parang, Maguindanao sa Poblacion, Makilala, Cotabato City (8:00 am) o Aglipay St., cor Mapanaw, Pob., Kabacan, North Cotabato o J. Abad Santos St., Kidapawan City o Perez St., Kidapawan city o Infront of Mega Market Pob.,Carmen Cotabato o M.H. del pilar St., Mlang, North Cotabato o National Hi-way,Sibsib Tulunan, North Cot. o Poblacion, Makilala, Cotabato City sa Poblacion 2, Banisilan, Cotabato (8:00 am)

o Poblacion 2, Banisilan, Cotabato