Page 1

BusinessWeek MINDANAO


Volume IV, No. 84



of the things we think, say or do

1. Is it the TRUTH? 2. Is it FAIR to all concerned? 3. Will it build GOODWILL and BETTER FRIENDSHIP? 4. Will it be BENEFICIAL to all concerned?

Wednesday|April 2, 2014

‘Tough’ summer X X Briefly ahead as power demand peaks A


Market Indicators As of 6:02 pm Apr. 1, 2014 (Tuesday)



US$1 = P44.74

6,514.72 points

7 cents

86.01 points

Labor trends

THE Department of Labor and Employment (DOLE) Misamis Oriental Field Office intensified its information drive on Labor Market Information (LMI) to high school and college graduating students. The information drive is aimed to help incoming college students choose appropriate Bachelor’s Degree Program, and new entrants to the labor force find suitable work. The massive information drive was conducted to continuously improve the positive job placement rate in Western Misamis Oriental. In a four-year comparative analysis conducted by DOLE regional office 10, it was found out that information dissemination on labor trends is effective in decreasing job mismatch.

By MYRNA VELASCO, Contributor

MID power demand seen peaking at 8,654 megawatts which can be strained by scheduled shutdowns of power plants, system operator National Grid Corporation of the Philippines (NGCP) is well aware that it shall step up preparations for supply-critical summer months.

In a statement to the media, NGCP noted that “the highest peak demand this year is forecast at 8,654MW in the month of May,” roughly 350MW vis-à-vis last year’s recorded peak demand of 8,305MW. The available capacity for Luzon grid was logged at power/PAGE 11

CORSAGE. Vendors have a field day selling bouquets and leis mostly made of plastic to parents and wellwishers of graduates outside the Bukidnon State University in Malaybalay City. mindanews photo by alexandria m . mordeno

Moody’s: Peace deal is ‘credit positive’

Oil palm DAVAO Oriental — After intensive studies on what possible industries to engage in and crops to grow in the typhoon devastated east coast towns, the Provincial Government of Davao Oriental together with industry experts conducted this morning (March 31) a consultation and orientation on the oil palm industry development poised to be the next mainstay industry in the province. Dr. Pablito P. Pamplona, an expert on oil palm production and the newlyappointed head secretary of the Provincial Oil Palm Development Council told farmers how lucrative the oil palm industry is in comparison to other agri-based industries. He explained that farmers could already start to get yield within two and a half years with harvests as frequent as every 15 days, unlike coconut crop, which takes six years to grow and even has an erratic price in the world market, thus, making it an unstable crop.

DARK SUMMER. The state-owned grid operator NGCP warns power consumers particularly in Mindanao that supply will get thinner this summer where demand for electricity is traditionally higher. File Photo by Mindanews

Improve literacy, linkages in Bangsamoro to spur growth THE Asian Development Bank (ADB) has urged the government to improve education and enhance linkages in the Bangsamoro

in order to unleash the area’s potential to contribute in the economic growth of the country. ADB Country Specialist

Joven Balbosa said in a briefing Tuesday that the Bangsamoro area can share further to the contribution growth/PAGE 11

THE Comprehensive Agreement on the Bangsamoro, which marked the end of several decades of rebellion by the Moro Islamic Liberation Front (MILF), is credit positive and would attract more investors to develop mining and agribusiness in Mindanao, Moody’s Investors Service said. “Not all Muslim separatist groups are happy with the arrangement, but the greater stability that it will bring will likely encourage investment in the region and provide scope for the development of more profitable industries, such as

mining and agribusiness,” C h r i s t i an d e Gu z m an , Moody’s vice president and senior analyst, said in a report. Moody’s last year assigned an investment grade status for Philippines with a positive outlook. The credit rating firm sees the countr y’s gross domestic product (GDP) getting support from the peace deal. Moody’s forecast growth of 6.5 percent for this year, at the lower end of the government’s target of up to 7.5 percent this year. “The peace deal supports the robust economic outlook for the Philippines, which already has one of the fastest growth rates in the AsiaPacific region,” the debt watcher said. The Autonomous Region i n Mu s l i m M i n d a n a o (ARMM) and Mindanao more broadly, are rich in natural resources. M i n d an a o’s m i n e r a l peace/PAGE 11

Editorial and advertising email : • Cell Number : 0917-7121424 • 0947-8935776

BusinessWeek MINDANAO



wednesday|April 2, 2014


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

BIR urges taxpayers to file, pay taxes early BUREAU of Internal Revenue (BIR) Revenue Region No. 16 Director Alberto S. Olasiman is encouraging taxpayers in the region to file and pay their taxes early to avoid the penalty and the long queues during the last day of filing

on April 15. Filing and payment of income tax returns for 2013 can be made in all BIR Offices in northern Mindanao and Lanao del Sur. Olasiman said there will be no Tax Tulungan Centers

No.: 09161714813 (GLOBE)

in the different malls to accept the “no- payment” returns since the new Mobile Revenue Collection Officers System (MRCOS) being used by the Revenue Collection Officers in accepting tax returns and payments require an intranet connection that is only available in all BIR Offices. How e v e r, t h e re a re Authorized Agent Banks

(AABs) such as BPI, China Bank, China Trust, DBP, Land Bank, Metrobank, PNB, Veterans Bank, Security Bank and UCPB to receive tax payments. All Authorized Agent Banks are mandated to extend their banking hours until 5:00 p.m. starting today, April 1, to April 15 to serve the taxpayers who are already within the bank premises.

Also, the filing of Outof-District returns are no longer allowed particularly to government officials and employees who were transferred due to work assignments, such as the members of the Armed Forces of the Philippines, Philippine National Police and Public School Teachers/Professors/ Instructors pursuant to Re venue Memorandum

Circular No. 15-2014, dated March 3, 2014. They are required to file their income tax returns at the Revenue District Office where they are registered. Income Tax Returns will be received until 5:00 p.m. on April 15 and penalties will be imposed for those returns filed beyond the 5:00 p.m. deadline. (Aimee D. Valencia)

Tripartite council holds general assembly A TOTAL of 35 management and labor representatives in the different industries in Western Misamis Oriental attended the first general assembly cum learning session of the Western Misamis Oriental-Cagayan de Oro Tripartite Industrial Council (WMOCDO TIPC) in Deluxe Hotel and Restaurant on March 18, 2014. WMOCDO TIPC is regarded as the largest local chapter of the region with 27 active members and the number of establishments and industries operating herein. TIPC works as an information network of labor related laws, relations and standards; in monitoring the implementation and compliance of tripartite instruments and codes of conduct; implementation of action plan; identification of industries with potential growth or likely to experience labor dispute; and

in the resolution of industrial (labor) disputes, through SingleEntry Approach (SEnA). Industries in attendance include business process outsourcing, marine, academe, hotels, resorts and restaurants, hospital, medium to big scale enterprises and services, among others. Department of Labor and Employment Regional Office 10 (DOLE-10) Director II and Technical Support and Services Chief, Rodrigo A. Deloso, discussed during the assembly the salient features of Department Order 131-13 otherwise known as the Labor Laws Compliance System that aims to improve work conditions, employeeemployer relations, productivity, and providing incentives for compliant establishments. “DOLE ensures compliance with labor laws. With the

developmental approach that needs the active involvement of the management and labor representatives; we strengthen tripartism in the plant level. With this concept, both sectors benefit in terms of productivity and competitiveness.” he said. Deloso also gave due recognition to companies that strongly promote TIPC in the region and have been members in the chapter for years. He also expressed appreciation to their efforts through their direct participation in the different activities that DOLE has conducted. For the learning session, Board of Investments Office-incharge Lourdes Ellen O. Kuinisala presented the topic ASEAN 2015. Part of her discussion was the roadmap of the ASEAN integration and its implications on labor.

The assembly was highlighted with the election of officers for 2014-2016 and their oath taking. Elected were Vice-chairman Norwena I. Acharon (SynnexConcentrix) and Board of Directors (BODs) Kathy Roa (LimBros), Roel P. Castillano (Pryce Plaza Hotel), Mylene Gabe (Rose Pharmacy), Shirleen Pernito (Capitol University Medical Center) and Gemini F. Villamil (Cagayan Harbor Pilot) for the Management Sector. For the Labor Sector elected were Vice-chairman Mr. Gaudencio V. Tomarong (Nestle Philippines, Inc.) and BODs Felix C. Nistal (Liceo de Cagayan University), Analiza P. Maglasang (Rose Pharmacy, Inc.), Arquipo Cabaraban (Oroport Cargohandling Services, Inc.), Rudy Megalbio (Ororama Chain of Stores and Norman L. Balanay (De Oro Bayanihan).

0917-7154399 088-856-8562/63


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

Aboitiz submits highest bid for Naga power complex A UNIT of the Aboitiz Group submitted the highest bid for the Naga power complex in Cebu during the bidding held today by the government. “At the bidding conducted by Psalm today, Therma Power emerged as the highest with its bid of P1.09 billion,” Emmanuel R. Ledesma Jr., president of state-run Power Sector Assets and Liabilities Management Corp, said. A unit of Aboitiz Power Corp, Therma Power’s offer bested that of SPC Power Corp, which offered P859 million for the 153.1-megawatt (MW) power facility. “The offers of Therma Power and SPC for the Naga plant both exceeded the reserve price set by the Psalm board,” Ledesma said. Subject to the confirmation and verification aboitiz/PAGE 10

BlackBerry posts fresh losses BLACKBERRY reported fresh losses Friday but offered some reasons for optimism as the smartphone maker struggles to escape from a death spiral. The Canadian firm reported a loss of $423 million in the fourth quarter of its 2014 fiscal year, as revenues sank. Revenues fell to $976 million in the fourth quarter – down from $2.7 billion losses/PAGE 10


BusinessWeek MINDANAO



wednesday|April 2, 2014


Algen’s Dive Resort (088) 3872015

Philtown Hotel 726295 / 8564402 Fax: 723104

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497

Pryce Plaza Hotel 8583131 Fax: 726687

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278

Prawn House (088) 3095992 Fax: 8519219

Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 The Lancer is one of the models that Mitsubishi assembles in the Philippines.

Mitsubishi Motors sets PH expansion, acquires Ford’s former factory


A PA N E S E c a r m a k e r Mitsubishi is expanding its Philippine assembly operations, acquiring the former factory of American rival Ford in Sta. Rosa, Laguna for the purpose. “The acquisition of the Sta. Rosa factory will further strengthen our assembly operations, utilizing heavy stamping machines, advanced equipment and facilities engineering that will support MMC’s business objectives for the new mid-term business plan,” Mitsubishi Motors Philippines Corp (MMPC)

president Hikosaburo Shibata said in a statement. MMPC declined to say how much it spent to acquire the 21-hectare plant, where the Japanese carmaker will shift its assembly operations by January. Mitsubishi assembles 30,000 vehicles a year in it s 1 8 - h e c t a re C a i nt a , Rizal plant. The Japanese carmaker produces the L300, Adventure and Lancer EX at its Philippine factory. MMPC last year produced half of its annual capacity, but sold 43,176

units, bulk of which were completely built up (CBU) units imported from other Mitsubishi manufacturing host-countries. Ford closed the Sta. Rosa plant in December 2012. It was the only participant of the Philippine government’s Auto Export Program, which has since been terminated. Trade Secretary Gregory L. Domingo had said the government expects four auto industry manufacturers to put up production plants in the Philippines amid the expansion/PAGE 10


Casa Crystalla 8561704 / 722465 Fax: 722480

Seda Centrio Hotel 32288888 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999

Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941

The VIP Hotel 726080 / 8562505 Fax: 726441

Chananthon Bed & Breakfast 8568189 / 3093095

Uptown Condotel 8511800

Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857

Get your little travellers ready for Baby Company’s Travel Gear Sale. Enjoy offers up to 70% discount on carriers, wheeled items and furniture from April 1 to 30. Plus Mom Card members get a free Fun Fan for a minimum P3,000 single-receipt purchase. Go grab these special offers in all Baby Company stores nationwide. Per DTI Permit # 1311 Series of 2014. Connect with us on facebook/ babycompanyph and website at www. babycompany. Follow us on Twiitter and Instagram

Ridge View Chalet 8588946 / 8587946 Fax: 8588946

Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696 Mapawa Natures Park 8584402 Fax: 725265 Mallberry Suites 8541999 / 7249999 Fax: 8544999 Maxandrea Hotel 8572244/729943 Fax: 724090 Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563

Tune Hotel 8800888/8801306 Travelers Pod 8518988

Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Max’s Restaurant 8586297 Fax: 8568264 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438 Thai Me Up 738424/3108424 Fax: 738424 Barkadahan Grill 8551234 La Tegola Cucina Italiana 8585959


BusinessWeek MINDANAO



wednesday|April 2, 2014


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

Rebel returnees yield firearms to 4ID By Jasper Marie Oblina-Rucat

FMR project to benefit MNLF communities – In relation to the national government’s framework on peace and development, a farm-to-market road (FMR) project is underway in Barangay Pagayawan, Bacolod, Lanao del Norte that would connect conflict-vulnerable communities to the market in order to boost economic activities and create job opportunities. The 1.6-kilometer FMR connecting Camp Datu Tomanong to the national highway is seen to provide brighter prospects for the people in the Moro National Liberation Front communities who plants coconut, corn, upland rice and vegetables with a service area of 116 hectares. The P20-million FMR project is being implemented under the Payapa at Masaganang Pamayanan (PAMANA) Program of the national government through the Office of the Presidential Adviser for Peace Process (OPAPP) in partnership with the Department of Agriculture (DA). The groundbreaking ceremony held on March 21, 2014 is headed by Lealyn A . Ramos (bottom left), DA-10 Regional Executive Director and Ian Ragragio (top photo, 4th from right), OPAPP representative. The event was also graced by (top right photo, R-L) Police Chief Inspector Henry Monta, Philippine National Police Deputy Provincial Director for Operations; Provincial Board Member Baldomero Zamora; Musa Mohamad Sanguila, Director of Pakigdait, Inc.; Col. Demy Tejares, Brigade Commander of 2nd Mechanized Brigade of the Philippine Army; Mayor Joselito E. Miquiabas, Municipal Mayor of Bacolod; Commander Abedin Sanguila (bottom left photo), MNLF Border Command of Camp Datu Tomanong; and Engr. Pedro U. Bergado, Jr. (top photo, 2nd from right), DA-10 Chief of Engineering Division. # (VANESSA MAE S. SIANO, DA-RAFID 10)


CAGAYAN DE ORO CITY, March 31 (PIA) – A total of 69 assorted firearms from 72 former rebels were yielded to army’s 4th Infantry Division (4ID) on Thursday, March 27 in its ceremony dubbed “Pagababalik-Loob II.” These 72 former rebels were regular New People’s Army (NPA) members while others were members of the Milita Ng Bayan (MB) operating in the mountains of Caraga and Region 10. Of these returnees, 48 come from Bukidnon, 18 from Agusan del Sur, three from Surigao del Sur, one from Agusan del Norte and two from Misamis Oriental. General Emmanuel T. Bautista, Chief of Staff of the Armed Forces of the Philippines (AFP) during the ceremony said that he is thankful that these former rebels have left the mountains and returned to the AFP. He said that with the bigger problems faced by the country today we should not be fighting against each other but instead go hand in hand in a peaceful way to development. He cited that the signing of the Comprehensive

Agreement of the Bangsamoro (CAB) was one testament that understanding can be achieved in a peaceful way, without the use of any arms. He said that it’s time for peace, put end to poverty and stop the war. Major General Ricardo R. Visaya, Commander of the 4ID also said that the Bangsamoro signing was a huge change to attaining peace in the country. Meanwhile, he said that cash and livelihood assistance will be provided for these rebel returnees including that from the Presidential Adviser on the Peace Process (OPAPP). Through the AFP Gun for Peace Program (AFP GPP), a total of P2.092 million is given in exchange to the firearms these former rebels surrendered. The different local government units will also grant them financial assistance from the Social Integration and Livelihood Programs. Also, a joint effort of the 4ID, Department of Ag r i c u ltu re ( DA ) , Department of National Defense (DND), Department of Interior rebel/PAGE 10

BusinessWeek MINDANAO

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

BFAR grants post-harvest equipment for ‘Yolanda’ affected fisherfolk MANILA -- The Bureau of Fisheries and Aquatic Resources of the Department of Agriculture (DA-BFAR) will be providing postharvest facilities to further support the rehabilitation of the livelihood of fishermen a f f e c t e d b y Ty p h o o n “Yolanda”. T he age nc y w i l l b e establishing cold storage facilities and ice plants in the typhoon-stricken areas to help preserve the catch of the fisherfolk. It is a ls o providing chest freezers to address the immediate needs of the fishermen. “Cold storage facilities will take some time to set

up in the typhoon-stricken areas. The fishermen have started resuming their fishing activities and we need to provide them immediate assistance through freezers that would help preserve their catch and be sold to the market at a price that would support their economic c o n d i t i o n” s a i d B FA R information officer Nazario Briguera in an interview with the Philippines News Agency. “Thus, we are appealing to concerned individuals, private companies/organizations and government agencies for donation of these freezers,” he added. Depending on the size, a

chest freezer could produce 100-200 ice packs per day. If one fisher uses five to 10 ice packs a day, one chest freezer would be able to support the ice requirement of about 20 to 40 fisherfolk in a community. Moreover, BFAR will be conducting post-harvest training for women fisherfolk to increase the market value of their produce. The assistance will be implemented through BFAR’s “AHON! Rehabilitation Initiative,” which aims to contribute fishing boats in the “Yolanda” affected areas. As of March 31, the agency already provided 16,543 boat materials surpassing

its target of building 10,000 fishing boats or bancas to help revive the livelihood of the fishermen in the Visayas and Northern Palawan regions. “We have received a tremendous amount of support from private individuals, private corporations, civic organizations and government agencies,” Briguera stated. According to Briguera, t h e f i rs t ph a s e of t h e AHON! Initiative involved actual ground assessment of damaged boats in the typhoon-stricken areas. “We conducted assessment to determine specifications for the rebuilding of the wooden boats. We inspected, bfar/PAGE 10

Blend 45 Honors Illongga OFW In celebration of Teresita “Aunty Terry” Sajonia’s laudable virtues, Blend 4 5 K a p e n g P i n o y, through its Gising Pinoy campaign awarded her during a ceremony held at Hong Kong Kitchen, Robinsons Place Iloilo last March 19, 2014. Blend 45 turned over P25,000.00 worth of URC products and P25,000.00 worth of Robinsons gift certificates to Aunty Terry. “We salute Aunty Terry for exemplifying true Filipino values” says Edwin Totanes, URC VP & Marketing Group Head. With the tagline “Ginigising ang masarap at mabuti sa Pinoy”, Blend 45’s Gising Pinoy Campaign aims to

awaken and recognize the innate goodness in every Filipino. It highlights t he p osit ive va lues that everyday Filipinos exhibit. “She reflects passion, determination and great sense of being Maalaga,” he adds. Aunty Terry worked for the Chen family in Singapore during the early 1990s. Her distinct care inspired Ilo Ilo, a film directed by Anthony Chen –one of the boys she took care of in Singapore. The heartfelt masterpiece not only garnered recognition all over the world, but also won the Caméra d’Or in the recently concluded Cannes Film Festival 2013. Blend 45 is the first



AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274

METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057

ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893

METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162

BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075

METRO BANK- LAPASAN CM Recto Lapasan HW, Cdoc 724461/8561721

BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637

METRO BANK- OSMEÑA Brgy Osmeña St. Cdoc | 722014 /8800924

BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796

METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731

BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405


BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723


LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. Rizal Chavez Cdoc 8572194/725438

BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263

PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184

BPI- COGON Osmeña St. Cdoc 8571297/8571298

PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386

CHINA BANK –GAISANO 745887/745880

QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390

CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240

its Kapeng Pinoy line (Blend 45 Puti, Pula and B arako) which contains unique Pinoy i n g r e d i e nt s / f l av o r s suited for the Filipino taste palate.


BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406

CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274

locally-manufactured coffee brand in the Philippines. It continues to provide Filipinos with quality coffee at an affordable price, e s p e c i a l l y t h ro u g h

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366

RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774

DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081 EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331 ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632 STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168 UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

BusinessWeek MINDANAO




wednesday|April 2, 2014

BusinessWeek MINDANAO


DANTE M. SUDARIA Publisher ROSE MARY D. SUDARIA, Ph.D. General Manager


ALLAN mario MEDIANTE Executive Editor

Alejandrae Uy


Lifestyle Editor

Associate Editor

SHIELA gosanes



Cris diaz mike baños Uriel quilinguing Editorial Consultants

Layout Artist


Cell No: 09352379999

Juni Law Office Cruz Taal St., Cag. De Oro City Legal Counsel

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Friday to Sunday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2013-10946, TIN No. 946-396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923432-0687, 0917-7121424

Website: E-mail : Member: Philippine Press Institute


Give to Live

hink a minute…You may have heard the saying, “Joy shared is joy doubled.” Giving isn’t a sacrifice, it’s an investment. We actually get back much more than we give. So don’t give until it hurts, give until it feels good. The American President, Calvin Coolidge, said: “No person was ever rewarded or honored for what he received. Honor is always the reward to people who give.” What you and I do just for ourselves dies with us. What we do for others lives on even after we die. So it’s smart to invest in the success of others. “It’s when you help someone else up a mountain that you yourself end up closer to the top.” The principle of giving is simply a law of life that works. Just like money can only get good things for you when it is used and circulated. But if you do not use your money or give it away, you can’t get any enjoyment or thing of value out of it. It’s only when you give out that you make more room inside to receive. You know that the Dead Sea is dead because it only receives and never gives. It does not flow out or give to other bodies of water, so it just dies. In the same way, when we don’t give to others we plug up the natural flow of life in us. This is why selfish, stingy people are never really happy, and seldom healthy. A successful man said: “You

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


A Minute

By Jhan Tiafau Hurst

will be remembered for two things: the problems you solve and the problems you cause.” Each of us is created to be an answer and help to someone else’s life. A famous man put it this way: “You cannot live a successful day until you’ve done something for someone else who cannot pay you back.” The Jewish people have an important holiday every year which celebrates the giving of gifts. Everyone, including the poor, must find someone poorer than himself and give him a gift. You see, “If God can give gifts THROUGH you, He will give them TO you.” In fact, God loves us so much that He gave His own perfect life to pay for our wrongs, just so He could share His life with us. So why not give your life to Jesus Christ today? Then you can start enjoying His successful way of giving and living every day, for the rest of your life. Just Think a Minute…

War at Work


t’s not new: according to many surveys, many Filinos’ top concerns are job security, work-life balance or the Filipinos’ ability to make time for both their professionall and personal lives and the economy. Many times and in several publications, I have written about the so-called wage war in the office. Knowing a lot of “victims” in my home country Germany, I never expected to find such a dramatic increase of cases here in the Philippines. We spend more time with colleagues or business partners than with our life par tner and our family. That means, we have a lot of occasions to commit and experience conf licts, disagreements, disputes, fights, rivalries, intrigues up to psychological terror. The war-like arguments at our working place claim more and more working victims. Pe o p l e c o n s i d e r n o sacrif ice to great to act a s t y r a nt s , i nt r i g u e r s ,

schemers, and careerists while stopping at nothing. The scape-goats as well as the plotters can be found anywhere up to the executive levels, no matter, if it is an ordinar y government or government institution. Clever-dicks and hypocrits, such as nice-acting mask wearers, in all modesty, are the decline of ever y enterprise. Management consultants and doctors worldwide observe a quick rise in such phenomena. Whereever human beings h ave to c o op er ate a nd coordinate, one can find different matters of opinions. That’s okay. Also here in the Philippines. But sometimes, the daily psychological stress makes body, mind and soul sick. I t ’s n o t t h e h e c t i c schedule in the office, no, it’s the poisonous atmosphere caused by colleagues or the boss himself.The principle of making the polluter pay is so simple: well-considered good conduct by being kindly disposed towards someone

but later a terrible backbiter who enjoys any kind of gossip and harassment. A sick, automatic nervous breakdown follows: headache, migraine, wornout-sy nd rome, allergies, sleeplessness, and even suicide attempts - and everything because of ‘war in the workplace’ without prospect of peace. GRABE! In Western countriesd we c a l l it ‘mobbi ng’, a technical term coming from “mob”, or “pack of hounds”. On executive levels it is called “bossing”, because adversaries and opponents are also there. Progressive enterprises and institutions reorganize or make-over themselves. “Ma na gement by love” instead of oppression and modern slavery is the magic formula. Quarrelsomeness - allowed or even supported my management - results only in one thing: economic bankruptcy and the bankruptcy of moral values. Besides a l l economic considerations and

H ave M y Say

By Klaus Doring

obser vations, we shou ld never forget to see clearly the importance of intact human relationships - especially in a good working enterprise. I n t he Ph i l ippi ne s a nd everywhere else! +++ Ema i l: dori ng k laus@ or follow me in Facebook or Twitter or visit or tune in to “Classics with Klaus Doring”, Sundays from 9 to 11 am and 7 to 9 pm on 104.3 FM “Edge Radio Davao” or via www.myradiostream. com/edgedavao

MILF Peace Pact Can Be Formula For Disaster


was not able to watch live the TV coverage of the signing of the peace agreement at Malacanang but from what I gathered f rom ot hers w ho were present, MILF chief Kagi Murad Ibrahim’s message was sober and simple -without the “bluster” and self-accla im a nd breast thumping of others who spoke. He st ressed t hat t he agreement was not only for the MILF but for the whole Ba ngsa moro, t he M N LF i ncluded. T he MILF, he said, is only a temporary gatekeeper and will eventually turn over the key to all Bangsamoro. I think he had sent a strong message to all of us. We must take a cue from this. Especially those who wrongly believe that dealing only with the MILF will already bring peace. PEACE SPOILERS? Let’s stop calling those who are opposing or questioning the MILF peace agreement as “peace spoilers”. Take the case of Zamboanga City Congressman Celso Lobregat who had publicly shown reservations or criticisms on some portions of the deal. Having seen up close the violence and misery of his constituents in Zamboanga as an aftermath of the 1996 peace agreement with the MNLF, we cannot blame him if he raises questions to prevent a similar recurrence with this new pact. There will be many others like him in Cotabato and Lanao and the island provinces and elsewhere. They are not “peace spoilers”. They are helping somehow, in their own way, to

safeguard sustainable peace by learning from lessons of the past. Of course, there are also others who just want to see this fail as they stand to lose when it succeeds. We should separate the chaff from the grain. NEEDS SUPPORT --- Truth to tell, there is still a disconnect between the MILF supporters and the majority of masses in the areas covered by the agreement. So there is a lot of work yet to be done by all of us to get everyone on board. The more difficult work has just begun. M A N A G E EXPECTATIONS --- It is said that the mathematical formula for “ happiness” is: “expectations divided by del iver y ”. Hence, i f expectations are high and the deliver y low, people a re less happy. Or a re angry. Conversely, even if the delivery is low but the expectations are also low, people will be happy or contented -- much happier of course if the delivery exceeds the expectations. I remember this formula bec au se t he sig n i ng of the peace agreement has obv iou s l y he i g ht e ne d expectations, especia l ly amongst the bangsamoro who expect deliverance from their sorry lot today. We must all meet those high expectations or better still manage them this early. Otherwise, we may be in for more trouble in the future. I don’t want to sound killjoy in this moment of glee. Honestly, I feel great relief and joy that what we have failed to achieve during our own time in the past has now become

a fulfilled dream. But let’s all be forewarned this early that this peace formula may become a formula for disaster if those high expectations are not met. You all know what I mean. So, let’s all come together and give this our best shot. **** CONSISTENCY -- By the way, I now hear more grumblings that we must be consistent in our global insistence to protect our territoria l integrit y and sovereignty. If we are so loud and determined to fight for our rights over the disputed territories with China, why are we so quiet and docile with our Sabah claims with Malaysia? Someone jokingly suggested that the Chinese should also do what Malaysians did. They should become a “facilitator” in the negotiations with the CPP/ NPA/NDF and succeeding in that, then perhaps, we can extend gratitude in the same way we are quietly conceding Sabah to Malaysia today. Interesting thought! **** FLIGHT 370 --- I have b e en fol low i ng c los ely the search for the missing Malaysian Airlines plane. After 3 weeks, the mystery as to where the plane is with its passengers , still remains. What strikes me most now is that for once, the whole world, for all its technical a d v a n c e m e nt , a p p e a r s helpless. Humanity had been bragging about its almost superhuman capability but in this case, the world is still scratching its head in puzzlement. It is humbled by the vastness and enigma of Mother Nature. That shakes us back to reality, for once,

A dvocacy

Mindanao By Atty. Jess Dureza

that we humans are finite and vulnerable beings and are not in full control of all things. Our superior air and our bloated egos that have made humans feel like modern-day gods due to our advancements in science and technology have all gone pffffft! It’s a good reality check for all. It brings our feet back on the ground. M EDI A CI RCUS --The kind of public beating Malaysia is getting from this plane tragedy is decidedly unfortunate and clearly undeserved. This can happen to any country or to any company and the way things appear by the nature and magnitude of the disaster, the normal human reactions of anguish, anger and looking for answers and those to blame are to be expected. The whole world is agonizing by the day still searching for answers. In the meantime, so-called experts in tandem with the world media who boast of their analysis and theories are having a heyday! It’s becoming a media circus now, TV cameras intruding and even projecting to the world human anguish better left behind closed doors in the privacy of the dureza/PAGE 10

BusinessWeek MINDANAO

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

DOLE-10 bares short-term wage employment, internship projects THE Department of Labor and Employment (DOLE) in Northern Mindanao announces the implementation of the “Tulong Panghanapbuhay sa Ating Disadvantaged” workers (TUPAD) and Government Internship Program (GIP) for 2014. TUPAD is a program for the unemployed poor and workers displaced by the global financial crisis. It provides short-term wage employment as immediate source of income for the beneficiaries and their families. Eligible projects for the TUPAD include social community projects such as eco-tourism, repair, and/or improvement of common public facilities, debris clearing, declogging of canals, debris segregation and materials recovery, stockpiling, and clearing and basic repair of public infrastructure and community projects like schools and health centers, bridges, post-harvest facilities and public markets. It also includes agroforestry community projects such as tree planting, seedling preparation. TUPAD projects are implemented nationwide in partnership with Local Government Units (LGU). The beneficiaries can access TUPAD through any

DOLE Regional Office or nearest Provincial Field Offices, in coordination with the proponent Accredited Co-Partner (ACP)/ LGU, who shall undertake rapid profiling of displaced workers from the informal sector, and establishments with displaced workers. The ACPs serve as the condui ts of fi nanci a l assistance and act as program partners particularly in building the capacities of the workers beneficiaries. They can be non–government organizations (NGOs), churchbased organizations, peoples’ organizations (POs), academe, the local government units (LGUs) and other government organizations (GOs). Meanwhile, the DOLE-GIP is an improved and expanded version of the GIP under Executive Order No. 139, series of 1993. It is a three to six months internship agreement where beneficiaries, ages 18-25 years old, are to be compensated with a stipend/ allowance equivalent to 75 percent of the current minimum wage of the region. DOLE will facilitate, through the LGU and schoolbased Public Employment Service Offices (PESOs) and Network of Career Guidance Counselors and Advocates, the engagement of the interns in government agencies.


DOE asserts IMEM Suspension by Congress ‘only recommendatory’ By David A. Tauli

The Department of Energy has been claiming, most recently during a meeting with Mindanao electric power industry stakeholders in Cagayan de Oro on March 27, that the resolution of the House Committee on Energ y to susp end t he commercial operation of t h e Int e r i m M i n d an a o Electricity Market (IMEM) is merely recommendatory to the executive branch of the government, so the DOE need not suspend the IMEM in response to the congressional resolution. Since the IMEM is dead as a competitive market for the supply of electricity, the suspension of its commercial operation by the DOE is a mere formality. A document from the DOE to suspend the IMEM is like the issuance of a death certificate by a medical examiner: whether or not a written document is issued, the patient or victim remains dead. (A parenthetical explanation on the death of the IMEM as an electricity market needs to be made in light of wishful thinking by the Philippine Electricity Market Corporation (PEMC) and the DOE that the IMEM

can still be resurrected. A dead market means that there are no buyers and no sellers in that market. All the prospective buyers in a miraculously resurrected IMEM were driven away by the PEMC when they demanded, after the single month of operation that ended December 25, 2013, that the IMEM Customers pay for power supply that had already been paid by the Customers to their normal

suppliers. Prospective sellers in a resurrected IMEM were driven away by the PEMC when they did not pay the generating companies, in the amount of hundreds of millions of pesos, for the generation that was dispatched into the Grid by the IMEM in its single month of operation. And even if new generating plants could be coerced into trying to sell

in the resurrected IMEM, they will not be able to sell anything because there are no buyers. The IMEM is a dead market. Or a dead horse. No amount of beating of the IMEM by the DOE and the PEMC is going to make it come alive.) A written document from the DOE to suspend the IMEM is simply a follow up on the declarations by the DOE on at least two imem/PAGE 10

BusinessWeek MINDANAO


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

CdO leaders call on Kagay-Anons to be superheroes for the planet


agayan de Oro City – WWF’s Earth Hour found plenty of allies in Cagayan de Oro City as city officials and leaders in energy conservation and sustainability called on Kagay-Anons to use the superhero within them to help save the planet. Earth Hour is a global environmental movement of World Wildlife Fund (WWF), encouraging households and businesses to turn off non-essential lights for one hour on the last Saturday of March to raise awareness about the need to take action on climate change. From a symbolic movement in Sydney, Australia, it has swept across the globe to engage 158 countries. The Philippines is a staunch supporter of Earth Hour. In CdO the main staging site was SM City Cagayan de Oro. Led by CdO Mayor Oscar S. Moreno, the Earth Hour celebration saw the lights switched off across the city from 8:30pm to 9:30pm on March 29. Other Earth Hour supporters included Cagayan Electric Power & Light Company, Inc. (CEPALCO) Senior Vice President Ralph Paguio; renewable energy expert from Italy, Gabriele Boccia; and Primavera Residences developer, ItalPinas Euroasian Design and Eco-Development Corp. (ITPI) CEO Arch. Romolo V. Nati. According to Moreno, “saving the earth and preserving the environment is not just a one man’s job and not a simple thing to do. All of us can help, and I am sure we can in some measure.” Paguio thanked the energy conservation efforts of some residences and commercial establishments in the city, calling them “silent heroes.” He said that despite the power interruptions being experienced in the rest of Mindanao, CdO so far has had no need to implement rotating brownouts. “Earth Hour continues to become an


even more significant campaign around the world this year as each and every one of us is given the chance to be a superhero and use our power, no matter how small or big, for the planet,” said Clara Elizaga, SM City CdO Mall Manager. She shared that some 48 SM branches all over the country participated in this year’s Earth Hour. Nati praised the city’s initiative in developing renewable energy. “When people ask me why I decided to develop green buildings in Cagayan de Oro, I tell them it is because CdO is one of the most progressive cities in the Philippines. You have a fantastic mayor and a company like CEPALCO that developed photovoltaic power plants more than ten years ago--which is really incredible, because at that time, people were not yet talking about solar power even in Europe.” Nati is the architect of Primavera Residences, the eco-friendly mixed use condo building in CdO that has received international recognition for its energy-saving and energy-producing features. Its most recent award is in Mixed-Use Development for the Philippines from the International Property Awards, a prestigious award-giving body known for the premium it puts in sustainable and eco-friendly property development. Nati added, “It’s very important to think about the environment not only for one hour but every single day.” Earth Hour was also a celebration of local talents who regaled the Earth Hour participants with a medley of fire dancing, and live musical and cultural performances. Fun activities included face painting. Participants were invited to draw a tree on a board, thereby committing to plant a tree, and write a pledge of action for conserving energy and preserving the environment on an open billboard.

BusinessWeek MINDANAO

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

Mariwasa wins 1st BCI Asia Architects’ Choice Awards

Mariwasa, the countr y’s leading ceramic tile brand and an affiliate of SCG (Siam Cement Group) has recently been awarded by BCI Asia as the Best Choice for Floor Covering Tiles Category in the recently concluded 2014 BCI Asia Architects’ Choice Awards held in Marriott Hotel, Resorts World Manila, Pasay City. Architects’ Choice Awards is given by BCI Asia, the premier information provider for the construction industry in the ASEAN region. This started in November 2013 where a survey was conducted by BCI Economics, the center of market intelligence within the BCI Media Group to determine which brands were preferred by leading architects and design specifiers working on active building projects around the Philippines. The survey provided a representative sample including a broad spectrum of architectural

offices, ranging from the Philippines’ top ten architect firms to regionally operated design professionals. The sur vey questionnaire includes twenty product categories, and for each of these categories, the respondents were able to determine whether they are (1) aware of a specific brand, which brand they prefer in terms of (2) design and innovation, (3) sustainability, (4) performance and (5) customer ser vice. O ver 400 architects were able to complete their submission of questionnaires, in which the winners of the 2014 Architects’ Choice Awards were determined. “We are very happy with the recognition given to us by BCI Asia, our longt ime indust r y p ar t ner. This is a manifestation that we are committed to product quality, design and innovation that is why our clients and customers


continue to trust and prefer MARIWASA among other brands in the market” says Jakkrit Suwansilp, VP-Sales & Marketing of Mariwasa Siam Ceramics, Inc. (MSC). Moreover, other SCGowned brands are als o nom inate d in t he s aid award-giving body namely Cotto for Bathroom Products and Sanitary Ware Category and for Faucets, Taps and Showerheads Category and SCG Smarboard for Fiber Cement Category. “Our clients can expect a lot of innovative products and top-of-the-line design inspiration as we approach the momentous 50-year anniversary of Mariwasa brand 2 years from now “Suwansilp continues.

MARIWASA, THE CHOICE OF ARCHITECTS. Mariwasa receives the prestigious BCI Asia Architects’ Choice Award for Floor Covering – Tiles Category. Present in the awarding ceremony are Mariwasa executive Jakkrit Suwansilp, VP-Sales and Marketing (3rd from left) and his colleagues namely Marvin Sion, Asst. Project Sales Manager (2nd from left), Mac Bedaño, Marketing Officer (left) and Jomar Peñafiel, Sr. Brand Officer (right).

LAMBO MISAMIS ORIENTAL. Governor Bambi Emano leads the random drug testing at the Provincial Capitol grounds earlier today. This is in the Governor's pursuit of decreasing and further eradicating drug use and drug abuse among Capitol employees. Governor Emano asked not only Capitol employees but the public not to use illegal drugs as this will bar service for the people.

MARIWASA WINS BIG AT BCI ASIA ARCHITECTS’ CHOICE AWARDS. Jakkrit Suwansilp, VP-Sales & Marketing of MSC (center) receives the trophy for BCI Asia Architects’ Choice Award for Floor Covering – Tiles Category. Joining him are BCI Asia Executive namely Dean Borg, Country Manager (left) and Apple Patricio, Business Manager (right).

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

MISAMIS ORIENTAL – Vice Governor JOEY G. PELAEZ attended the 3rd Commencement Exercises of Molugan National High School, El Salvador City. In his message, Vice Governor Pelaez emphasized that each and every student should continue to dream and pursue it.Vice Governor Joey Pelaez is the former Executive Director of the Center for Students and Co-Curricular Affairs of the Department of Education (DepEd). Currently, he is the Chairman of the Committee on Education of the Sangguniang Panlalawigan.

BusinessWeek MINDANAO


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

Aboitiz... from page 3

of the accuracy, authenticity and completeness of the d o c u m e nt s s u b m i t t e d , including the standby letter of credit, Psalm will declare the winning bidder for the Naga plant at a later date in accordance with its bidding procedures. The condition of the sale, however, provides that SPC has the “right to top” the price of the winning bidder for the Naga plant by five percent, as provided under the land lease agreement executed

between Psalm and SPC in 2009 for the Naga land-based gas turbine. T h e D e p a r t m e nt of Justice earlier confirmed in an opinion dated January 9, 2013 that the “right-to-top” provision included in Psalm’s bidding documents was not in violation of the rules on competitive bidding. As previously disclosed by Psalm, the Naga plant will be sold as a merchant plant, or without an attached power supply contract. The sale will likewise include a land lease agreement for the land underlying the power plants.

The Naga power facilities consist of the 52.5-MW Cebu 1 and 56.8-MW Cebu 2 coalfired thermal power plants, and the 43.8-MW Cebu Diesel Power Plant 1 composed of six 7.3-MW bunker-C fed power units. The power plants are located in Colon, Naga City.


from page 3 12 months earlier. Sales of smartphones fell from 1.9 million to 1.3 million, the company said. “I am very pleased with our progress and execution in the fiscal fourth quarter against the strategy we laid out three months ago,’’ said chief executive John Chen, who took the reins in November as the company sought to revive its fortunes. “We have significantly streamlined operations, allowing us to reach our expense reduction target one quarter ahead of schedule. BlackBerry is on sounder financial footing today with a path to returning to growth and profitability.’’

Rebel... from page 4

and Local Government (DILG), Department of Environment and Natural Resources (DENR) and Nestle Philippines Inc. is to give them livelihood assistance. The 4ID offers each former rebel one hectare of land in Camp Kibaritan, Kalilangan Bukidnon to be planted with

coffee. The Philippine Army initially allocated a total of 200 hectares for the former rebels from its militar y reservation. MGen Visaya encourages comrades of these former NPA rebels to come down from the mountains for a better future for their families. In a testimony given by former rebel Aikee Guinsod Montenegro, 22 years old Manobo from Agusan that the reason he left the NPA was the extreme hardship, fear, loneliness, physical drain and hunger experienced in the mountains. He said that if he remained in the mountain, he will always be in the dark and will have no future. He asked himself, “Why will I remain to be a slave here?” (JMOR/ PIA10)

Expansion... from page 3

country’s strong demand for motor vehicles. The Asean Automot ive Fe derat ion earlier reported that domestic vehicle sales in the Philippines gathered pace even as demand flagged elsewhere in the region.

BFAR... from page 5

for instance, the keels of the boats so that we can replace them with a sturdier material,” he said. B FA R h a s prov i d e d plywood, marine epoxy and cooper nails for the

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch _____ Cagayan de Oro City

reconstruction of the partially damaged boats. “The boats that were constructed are already being used for fishing activities by the fisherman,” Briguera stated. For its next phase, BFAR intends to construct fiberglass boats to replace totally damaged wooden boats. The agency is establishing facilities that would train fishermen in producing boats made of fiberglass materials. The training program which would focus on the uniform design of the fishing boats and ensuring their seaworthiness and safety is now being finalized by BFAR. A cash-for–work program is also being considered by the agency. The AHON! Initiative is now aiming to build 32,000 fishing boats in the “Yolanda” affected areas. (PNA) LGI/ABP/PR

Dureza... from page 6

suffering loved ones. These coverages worsen the human dimension of the tragedy. We have become vultures feeding on carcasses of the victims. How sad. **** JOYS OF PA R E N T S --- I have attended a few g r a du a t i o n o r c l o s i n g ceremonies during a last few days. When parents are called up to the stage to help pin a medal or confer a medallion on a graduating son or daughter who garners

CA GAMOTIN, JR. – NOLASCO & ASSO G/F Boy Scouts Bldg., Hayes St. (beside Hall of Justice) Cagayan de Oro City Telephone No. 722656

(Sgd.) CASIANO A. GAMOTIN, JR. Counsel for Petitioner IN THE MATTER OF DECLARATION FC-SPEC PROC. NO. 2013-090 PTR No. 2106078A issued on 11/21/2011 OF PRESUMPTIVE DEATH OF IBP No. 832662 issued on 11/11/2011 LOREPIN UNDAG GERALDIZO, All issued at Cagayan de Oro City for: Roll No. 21342 issued on 3/17/67 MCLE Compliance No. II- 0009171 issued on 1/28/08 RICHU S. GERALDIZO, PRESUMPTIVE DEATH MCLE Compliance No. III-0005334 issued on 10/16/09 Petitioner. MCLE Compliance No. IV-002844 issued on 10/3/11 X------------------------------------/ PETITION

Pryce Plaza Hotel Carmen Hill, CDO, Tel. No.722791 to93/858-4537


CHANANTHON BED & BREAKFAST CM Recto Avenue, Cagayan de Oro City Tel. #: 856-81-89 / 309-3095 / 231-2103 Email ad : Room @ P800.00




NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email :

Republic of the Philippines) City of Cagayan de Oro …. ) S.S

PETITIONER through counsel and unto this Honorable Court most respectfully alleges:


1. That Petitioner is of legal, age, married, Filipino and a resident of Firlen Village, Kauswagan, Cagayan de Oro City; 2. That Petitioner is the legal husband of Lorepin Undag Geraldizo who was disappeared and her whereabouts has unknown since May 20, 2005; 3. That Petitioner was wedded to Lorepin Undag Geraldizo last May 9, 2005 in Cagayan de Oro City, machine copy of the Certificate of Marriage is hereto attached as ANNEX “A” and is made as integral part hereof; 4. That a week after their marriage more particularly on May 20, 2005 without any valid reasons left/abandoned Petitioner; 5. That since then the whereabouts of Lorepin Undag Geraldizo since she left Petitioner is unknown and cannot be determined and despite extra effort exerted in locating her the same turned useless; 6. That few months after the wife of Petitioner departed, he was alarmed and forthwith enlisted the assistance of friends and relatives in locating for his wife Lorepin Undag Geraldizo and in places where she thought she could most likely seek refuge and shelter, but his effort were set at naught since Lorepin Undag Geraldizo, figuratively vanished into thin air; 7. That despite disappointment, Petitioner steeled himself and continuous to breathe the forlorn hope that his husband could still be found and in fact took tireless measure to locate her and that even gone to her residence at Santa Catalina, Pagadian City, where even her relatives were at lost as to her location; 8. That without pause, Petitioner follows closely every trail of information that he believed could lead to his wife a track but she was nowhere to be found; 9. That after almost EIGHT (8) years of spirited but vain search and years of lonely and tearful wait, Petitioner has now come to accept that his long lost wife is presumably dead; 10. That after an interrupted absence of more than EIGHT (8) years it not being known that that Lorepin Undag Geraldizo still live it is in the best interest of all the parties that the issue relative to the fate and existence of said Lorepin Undag Geraldizo be forever put to rest by declaring the latter’s death for all intent and purposes except for those succession.

I, RICHU S. GERALDIZO, of legal age, Filipino, married and a resident of Firlen Village, Kauswagan, Cagayan de Oro City, after having been duly sworn hereby depose and say:

WHEREFORE PREMISES CONSIDERED, it is respectfully pray of the Honorable Court that after summary proceedings an Order be issued declaring LOREPIN UNDAG GERALDIZO presumed dead for all intent and purposes except for those of succession as provided by the Family Court.

Cagayan de Oro City, October 9, 2013.

That I am the Petitioner in the above-entitled case;

That I have caused the preparation of the foregoing petition and have read the same and all the contents therein are true and correct to the best of my personal knowledge and based on authentic records; That I have not commenced any other action or proceedings involving the same issue in any court or tribunal and that to the best of my knowledge no such action or proceeding is pending in any court or tribunal and if I should thereafter learn that a similar action or proceeding has been filed or pending , I undertake to report that fact to the Honorable Court within five (5) days upon learning thereof. IN WITNESS WHEREOF, I HAVE AFFIXED my signature this 10th day of October 2013 at the City of Cagayan de Oro.

(Sgd.) RICHU S. GERALDIZO Affiant SUBSCRIBEB AND SWORN to before me this 10th day of October, 2013 at the City of Cagayan de Oro , Philippines. Affiant exhibited to me his Phil health ID # 19-026466988-3

Doc No. 323 (Sgd.) CASIANO A. GAMOTIN, JR. Page No. 65 Notary Public Book No. 49 My commission expires on December 31, 2013 Series of 2013 PTR No. 2379129A issued on 4/5/2013 IBP No. 875469 issued on 4/10/2013 All issued at Cagayan de Oro City Roll No. 21342 issued on 3/17/67 MCLE Compliance No. II-0009171 issued on 1/28/08 MCLE Compliance No. III-0005334 issued on 10/16/09 MCLE Compliance No. IV-002844 issued on 10/3/11 BWM: Apr. 2, 9 & 16, 2014

honors or awards, one can’t escape notice the unending joy this brings. It is during childhood days of children that parents must enjoy most. So hold their hand always or hug them while you still can. When they grow up, they will seldom be around for us to enjoy them. And don’t be surprised because this is just that inexonerable life cycle that we parents when we were children, had also gone through before. So, enjoy your children now while you can.

IMEM... from page 7

public occasions, one during a hearing on the IMEM by the House Committee of Energy in which those testif ying are supposed to tell nothing but the truth, that the commercial operation of the IMEM has been suspended effective for six months starting on December 3, 2013, which was the first day of operation of the IMEM. Or is Secretary Jericho Petilla now going to disown the assertions of h i s du ly - d e s i g n ate d representative who attended those events and made the pronouncements? A resolution by the House of Representatives may be considered by the D OE merely recommendator y and not to be obeyed by an executive agency. (This assertion is reflective of the opinion of the DOE about the legislative branch of government, perhaps taken from the fact that congressional representatives and senators are now being accused of corruption in the handling of the PDAF. But the corruption still needs to be proven in court before anyone can disregard or denigrate the Congress for any of its resolutions.) Moreover, the House Resolution is not needed for the issuance by the D O E o f a d e p a r t m e nt circular affirming prior commitments made by the DOE on the suspension of the IMEM. Issuance of such a circular is simply a case of standing up to one’s word. Assuming that there is any value in the pronouncements of the DOE, whether made orally or in writing, and whether attested to in a formal hearing in Congress or pronounced in a formal meeting among business people. (Engr. David A. Tauli is t he president of t he Mindanao C oalition of Pow e r C on s u m e r s . He is the former senior vice president for engineering of the Cagayan Electric Power & Light Co./CEPALCO)

BusinessWeek MINDANAO

Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776


wednesday|April 2, 2014

Power... from page 1

9,689MW at summer time, and that could then set for a reserve of 1,035MW – still not a very comfortable margin if the grid has to be spared from experiencing power outages. Visayas’ available capacity at 1,679MW is equally tight if referenced on projected peak demand of 1,554MW; while Mindanao is already a losing proposition because the grid will still definitely be marred with rolling brownouts. NGCP sp okesp ers on Cynthia Alabanza similarly raised specter that “supply will be tight.” What she just assured for the period will be NGCP being “ready to transmit whatever power is available to the grid.” The system operator emphasized that three power plants will be on scheduled shutdown in Luzon and one is on forced outage within the stretch of March to May. The Visayas grid will also have its share of one plant scheduled shutdown and another one on forced outage; while Mindanao has scheduled one plant shutdown and two forced outages. “The high voltage direct current (HVDC) line linking Luzon (Naga City) and Visayas (Leyte island) will be shut down for maintenance on April 9-21 because the facility’s housing/valve hall at the HVDC station will be reinforced,” NGCP has noted. Ye t e v e n w i t h t h i s maintenance work, the transmission firm gave its word that “the grid is secure and able to handle the load”; stressing further that “backup lines are fully operational and ready to deliver available power from the generators.” Wit h t i g ht s upply c on d it i on b e c om i n g a recurrent dilemma of the country’s electricity system, NGCP said it has been continually working on measures that could mitigate grid issues, primarily those relating to snarled supply conditions at the strike of scorching summer period.

Growth... from page 1

of Mindanao in the country’s gross domestic product (GDP) after the signing of the Comprehensive Agreement on the Bangsamoro took place last week. He mentioned that other parts of Mindanao like General Santos, Cagayan de Oro, and Davao region, among others, have been contributing to economic activities of the country. ”Unleashing that growth potential requires time and so you will have to know what the resources Bangsamoro has,” told Balbosa. He mentioned the strategic location of Bangsamoro as a gateway to ASEAN countries p ar t i c u l ar ly i n Br u n e i Darussalam, Indonesia, and Malaysia wherein the government shall develop linkages to these areas.

Investments in ports and quality roads will be the key infrastructures to enhance connectivity and beef up trade activities in the Bangsamoro, added Balbosa. More ove r, t h e A DB economist stressed that the government shall bridge the literacy gap in the Muslim region. Data of the Philippine Statistics Authority (PSA) shows that from the year 2000 to 2008, the Autonomous Region of Muslim Mindanao (ARMM) or the Bangsamoro area has the lowest literacy rate among the 17 regions of the country. ARMM had 81.5 percent literacy rate in 2008, from 2003’s literacy rate of 70.2 percent, and from 2000’s rate of 68.7 percent. ”On adult literacy, it’s really bridging the gap among about 300,000 illiterates in the area and linking them to productive livelihood training and job matching across the country,” Balbosa further cited on how the Bangsamoro can unleash its economic potentials. Meanwhile, ADB Philippine Country Office Director Richard Bolt noted that the final signing of peace deal can attract investments in the Bangsamoro as investors appreciate the stability of an area where their investments are put in. The ADB officials cited key investments that will strengthen the economic growth in Bangsamoro. These are in sectors of infrastructure, agriculture, and agri-products processing. (PNA)

Peace... from page 1

deposits – which include lead, zinc, iron, copper and gold – are valued by the government at $312 billion, providing plenty of scope for a pickup in economic activity. The island already s u p p l i e s 3 5 p e r c e nt o f the country’s food output, but its rich arable lands and fishing grounds m e a n t h e r e’s p o t e nt i a l to increase that further. Gre ater st abi lity wou ld also allow tourism to develop. In addition, Moody’s said the truce should facilitate greater investor interest across the several provinces in Mindanao. C u r r e n t l y, s e v e r a l foreign governments, including Canada, the UK and the US, have outstanding warnings and advisories restricting travel to Mindanao, and especially to the ARMM and surrounding areas, in light of the threat from “terrorist and insurgent activities.” T h e C o mp r e h e n s i v e Agreement on the Bangsamoro will establish a self-governed entity on t he s out he r n isl and of Mindanao that would replace the existing Autonomous R e g i on in Muslim Mind anao


(ARMM). The pact also promises to boost growth and investment in what is one of the p o orest – a lt h ou g h re s ou rc e - r i ch – parts of the countr y. The pact with the MILF covers security, revenue sharing, implementation of governmental powers and includes a road map for a smooth transition to the new arrangements. It aims to establish the Autonomous Government o f B a n g s a m o r o, a n e w political entity to govern the region, by the next general election in 2016. “A l t h o u g h m a n y peace deals with Muslim s e p a r at i s t s h av e f a l l e n through over past decades, the latest agreement has a better chance of success owing to the more favorable terms it affords the Bangsamoro, including greater fiscal autonomy,” Moody’s said. The ARMM has fallen behind other regions in terms of human and

economic development, and has not benefited from t he Ph i l ippi ne s’ robust g row t h of t he p ast fe w years. Based on the latest r e p o r t , t h e A R M M ’s re g iona l G DP g re w 1.2 percent in real terms in 2012, versus 8.2 percent for Mindanao and 6.8 percent for the countr y as a whole. GDP per capita in the ARMM totaled only P27,800, or roughly $620, a fraction of the P68,700 or $1,530, recorded for Mindanao, or the P110,300 or $2,460, recorded for the countr y as a whole. National government spending in the ARMM is disproportionate to it s c ont r i but i on t o t h e e c o n o m y. A l t h o u g h the ARMM comprised only 0.9 p ercent of t he countr y’s total output in 2012, it accounted for 2.1 p ercent of t he national gove r n m e nt’s bu d ge te d expenses that year.


Main: Osmeña-Cogon Market, Cagayan de Oro Branch: Ipil,Carmen , Cagayan de Oro NOTICE OF AUCTION SALE Starting March 7 , 2014 at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since October 2013 . Patrons are enjoined to verify their receipts.


Sa Marso 7, 2013 sa may 9:00 sa buntag paingon da alas 5:00 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa Oktobre 2013 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.


Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City Branch 22 OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2014-060 Upon Extra-Judicial petition for sale under Act 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND or PAG-IBIG FUND, mortgagee, with office address at Pag-ibig Building,J.R. Borja St., Cagayan de Oro City against ARIEL H. BALINO, mortgagor/s , single, of legal age/s, Filipino/s with postal address at Lot 38,Block 17, Bloomingdale Subdivision,Iponan,Cagayan de Oro City, to satisfy the mortgaged indebtedness which was as of January 15, 2014 amounts to TWO HUNDRED EIGHTY THOUSAND FIVE HUNDRED SIXTY EIGHT PESOS AND 89/100 ( 280,568.89) Philippine Currency including interest , penalty charges, excluding attorney’s fees and expenses of foreclosure , the undersigned sheriff will sell at public auction on April 28, 2014, at 10:00 a.m. to 4:00 p.m. or soon thereafter at the RTC Branch 22 office ,Arch Hayes St., Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency , the herein described property including all improvements thereon to wit: TRANSFER CERTIFICATE OF TITLE NO. T- 196946 Lot : Lot 38, Block 17, Pcs-10-003948 Portion of Lot : Lots 3615-B, Psd-10-004675,24178-A, Psd-10-009444, 3614-A-1-B,Psd-10-009566, 24178-B-1, Psd-10-010320,24178-B-2-A, Psd-10-052968, 24178-B-2-B-1,Psd-10 054199, 24178-B-2-B-6,Psd-10-054199, 4178-C-1, Psd-10-054997,3605,Cad. 237, Cagayan Cadastre. As surveyed for : Liberty Land Corporation Land Use : Residential Location : Iponan,Cagayan de Oro City Lot Area : FIFTY (50) SQ. M. more or less Prospective buyers/bidders may investigate for themselves the title of the herein described property and encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above stated time and date. In the event the public auction should not take place on the said date, it shall be on the next working day without further notice. Cagayan de Oro City March 20, 2014.



BWM: April 2, 9 & 16, 2014

BusinessWeek MINDANAO



wednesday|April 2, 2014


Advertising and Editorial E-mail : Contact nos. : 0917-7121424 • 0947-8935776

Infra Key to Oro’s Upland Agri Development By MIKE BAÑOS


he city government of Cagayan de Oro has started a series of investment promotion projects aimed at maximizing the agriculture and agribusiness potentials of the city’s hinterland barangays. “Cagayan de Oro is the most prominent market center and trading hub of Northern Mindanao. Products from within the city and surrounding provinces are assembled and consolidated for distribution to other parts of Mindanao, Cebu and the Visayas, and Manila and other parts of Luzon,” said Dr. Hector R. San Juan, city agriculturist and overseer of the city veterinary office. “Vegetables, for example, produced in Cagayan de Oro, Bukidnon and Misamis Oriental are consolidated here and reach market centers in the Zamboanga Peninsula such as Pagadian City, Ipil, Dipolog and Zamboanga cities,” he added. To get the ball rolling, the city hosted an Agri Business Forum held March 20, 2014 at the VIP Hotel where farmers and businessmen were presented with possible agribusiness ventures such as plantations for Oil Palm, Arabica and Robusta coffee and Cassava. “This local forum is an offshoot of the CDO Business and Investment Forum held last February 12, 2014 at the Intercontinental Hotel in Manila where we presented the city’s competitive advantages and business potentials,” said Eileen E. San Juan, Local Economic and Investment Promo-

City Agriculturist Hector San Juan presents the Status, Direction and Investment Potential of Agriculture in CDO

tions Officer (LEIPO). “Considering the strategic advantage of Cagayan de Oro, the city is the main driver for economic and inclusive growth in Northern Mindanao.” Recent studies made through INVEST Project identified agriculture and agribusiness among the key opportunities which would enhance the competitive position of Cagayan de Oro in the future. Others include Information and Communication Technology (ICT), Tourism and Logistics. The National Competitiveness Council officially acknowledged Cagayan de Oro as the Philippines Most Competitive City in 2013, in a report published earlier this year. According to the National Economic and Development Authority

(NEDA) Region X Office, due mostly to the dynamism of Cagayan de Oro’s economy, Region X remains the fastest growing economy in Mindanao, averaging an annual

Mayor Oscar Moreno addresses the audience during the March 20 Agri Business Forum held at VIP Hotel

growth rate of 5.8 percent for the last 10 years. It is the runaway domestic trade leader in Mindanao, its PhP 57.9-billion (2010) accounting for 11.3 per-

cent contribution to the Philippines (Commodity Flow, NSO) and the leading agriculture producer in Mindanao for the period 2010-2012 (National Accounts, NSCB). “It is the largest producer of pineapple in the country, the second largest producer of bananas and corn, the third largest producer of coconut and chicken, its fourth largest producer of cattle, its fifth largest producer of swine and the ninth largest producer of palay,” noted NEDAX Regional Director Leon Dacanay, Jr. in a presentation during the 2nd Cagayan de Oro Business and Investment Conference late last year. Of the city’s 57,851 hectares (has.) total land area, some 20,826 has. or 36 percent is agricultural, devoted to commercial and food crops like

rice, corn, vegetables, abaca, banana, cacao, coffee, root crops, fruits and nuts. “Unfortunately, given our considerable agricultural area and strategic market advantages, our agribusiness potential has been largely untapped,” said Dr. San Juan. “The majority of farmers are still farming on subsistence levels. Many are forced to engage in practices that are destructive to our environment, for their livelihood and survival.” “To stimulate agricultural development, the City Government of Cagayan de Oro is committed to establish and upgrade farm-to-market roads (FMRs) to all agricultural communities in the city,” Dr. San Juan added. “This is a basic infrastructure program we cannot do without.”

In partnership with the Department of Agriculture, the city government will be constructing P165 million worth of FMRs in 16 of the city’s rural barangays of which 10 percent or P15,242,000.00 million will be the LGU’s counterpart fund to the DA’s P150 million. City Mayor Oscar S. Moreno said although the latter amount was already included in the budget submitted to his the City Council earlier this year, but has not yet been acted upon by the SP to date. “We are optimistic that having presented several opportunities for agri investments, this would help open and develop the city’s hinterland barangays which have long been neglected of its potentials,” Ms. San Juan said. “Instead, these areas have turned into irresponsible logging and mining operations.” “We are hopeful that having presented alternatives, we can make these areas and communities more productive and sustainable. When we talk of agriculture, we talk of accessibility, thus, the role of local government to put in place FMRs,” she added. “Under Mayor Moreno’s administration, you can be assured that the promise of farm to market roads will be achieved, and we’re hopeful that our City Council will have the good judgment of supporting these initiatives for Cagayan de Oro’s future economic and inclusive growth.”

Profile for Mindanao Daily News

BusinessWeek Mindanao (April 2, 2014)  

BusinessWeek Mindanao (April 2, 2014)

BusinessWeek Mindanao (April 2, 2014)  

BusinessWeek Mindanao (April 2, 2014)