Skip to main content

BusinessWeek Mindanao (August 28, 2017)

Page 1

BusinessWeek MINDANAO

YOUR Mindanao-wide BUSINESS paper

CREDIBLE

Volume VIII, No. 35

Market Indicators

As of 5:30 pm August 26, 2017 (saturday)

FOREX

PHISIX

US$1 = P51.095

8,015.14

4.5 cents

X

10.21 points

Briefly

X

Revitalizing RE SURIGAO City -- The inauguration of the first Filipino-owned solar panel facility in Batangas held on Wednesday is a testament to the government’s progress in revitalizing the local renewable energy (RE) industry for the benefit of consumers and the economy, according to Department of Energy (DOE) Secretary Alfonso G. Cusi. “Investments in RE facilities and technologies can create more jobs,” Cusi said at the event graced by President Rodrigo Duterte. “We can also take pride in trading Filipino-made energy technologies, while also developing Filipino expertise in RE technologies. The RE investment also empowers consumers through more affordable and sustainable energy use,” Cusi added. “The solar panel facility and similar investments on solar energy will support the implementation of vital renewable energy policies. This includes the net-metering program, which encourages consumers to become ‘prosumers’. This is done by the installation of solar rooftop systems in their properties and enable consumers to produce their own energy. In the end, it results to energy efficiency and savings on power cost,” Cusi underscored.

RELIABLE

Alsons eyes P15.3-B coal plant in Zambo www.businessweekmindanao.com

P15.00

Monday | August 28, 2017

By ANTONIO L. COLINA IV, MindaNews

D

AVA O C i t y - Mindanao-based Alc antara Group of Companies will pour i n s om e P 1 5 . 3 bi l l i on for the construction of a 105-megawatt coal-fired power plant in Talisayan, Zamboanga City in 2020.

Alcantara Group president Nicasio I. Alcantara told reporters Friday that this would be the firm’s third coal project in Mindanao but under its new wholly owned subsidiary San Ramon Power, Inc. (SRPI). He said the firm earlier invested in two coal plants under Sarangani Energy Corporation (SEC) with a combined alsons/PAGE 15

JOYRIDE. Riders freak out on the Viking Pirate ride at the carnival in Cagayan de Oro as the city celebrates the Higalaay Festival as the parochial fiesta, in honor of St. Augustine, approaches. mindanews photo by froilan gallardo

JICA assessment of Davao infrastructure due October By CARMELITO Q. FRANCISCO, Correspondent

Slower biz confidence BUSINESS confidence in the Philippines slowed down in the third quarter of 2017 due to seasonal factors caused by the rainy season, and concerns on fighting in Marawi City. Data released by the Bangko Sentral ng Pilipinas (BSP) Friday showed that results of the Business Expectations Survey (BES) for the third quarter of 2017 registered an index of 37.9 percent from 43 percent in the previous quarter. Year-ago index is 45.4 percent. Other reasons cited by the respondents are declaration of Martial Law in Mindanao last May 23 following the fighting between government troopers and members of the terrorist Maute Group, peso weakness, rising prices of domestic commodities, stiffer competition, and damages and power outages after an earthquake hit the Visayas last July 6.

IN-DEPTH

HERO’S WELCOME. Crowned Miss Philippines-Fire 2017 Nellza Mortola Bautista dances with local dance group Tribu Kaadlawan as she arrived at her hometown in Villanueva, Misamis Oriental on Friday. Bautista was accorded a hero’s welcome by the local government of Villanueva under Mayor Jennie Rosalie T. Uy. photo by gerry lee gorit

DAVAO City — A team funded by the Japan International Cooperation Agency (JICA) is set to present within the next two months its initial report on the gaps of the proposed infrastructure projects in this city. Venetia Lynn M. Sison, a member of the team, said the report will contain the

evaluation of the team on the key proposed projects, including those that are set to be implemented. “We have integrated all the projects that we have come across,” said Ms. Sison, adding that even proposed projects that have been shelved, like the proposed but eventually canceled P39-

billion reclamation project of the Mega Harbour Port and Development, Inc. Mayor Sara Z. DuterteCarpio canceled the memorandum of agreement that her father, President Rodrigo R. Duterte, signed with Mega Harbour on the last day of his term as mayor. In assessing the projects, Ken Kumazawa, JICA team jica/PAGE 15

P25-B Azuela Cove to rise in Davao By ANTONIO L. COLINA IV, MindaNews

DAVAO City — The Aviana Development Corporation, a joint venture partnership between real estate giant Ayala Land and homegrown The Alcantara Group of Companies, will invest P20 billion for the development of Azuela Cove, a 25-hectare waterside development in Davao City, that would generate 13,000 jobs during

its construction period. In a media briefing Friday, Ayala Land assistant vice president Enrique Manuel Jr. said the construction of the Azuela Cove will help further “boost the growth of the local economy, serve as a steward of Davao’s environment, and ultimately enrich the lives of more Dabawenyos.” “Azuela Cove will be a

new master-planned estate, unlike any that we have designed before. It will offer the residents and visitors of Davao, a unique waterside experience, in a naturally beautiful setting enhanced by world-class design,” he said. Azuela Cove is where the Alcantara family’s plywood manufacturing plant once stood. cove/PAGE 15

AZUELA COVE. President Rodrigo Roa Duterte leads the unveiling of Azuela Cove’s master plan during its launching in Lanang, Davao City last week. Assisting the President are Ayala Land Inc. Chairman Fernando Zobel de Ayala and Alsons Corporation Director Editha Alcantara. Also in the photo is Executive Secretary Salvador Medialdea. rene lumawag/presidential photo

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776

ky m c


2 DSWD moves 4Ps payout anew THE Department of Social Welfare and Development (DSWD) decided to postpone indefinitely the pay outs of 21 municipalities throughout Region 10 due to the current technical glitches between DSWD and Land Bank of the Philippines IT Systems. In his letter to DSWD Field Office 10, Edgardo Micayabas, chief executive office of FICCO (First Community Cooperative) disclosed that it cannot proceed with the payout because his IT Team together with LBP is still on the process of configuring the IP Sec registration, one of the requirements of LBP’s Regional Bids and Awards Committee for them to issue notice to proceed,

purchase order, and funding for FICCO. A total of 21 municipalities from the Provinces of Camiguin and Misamis Oriental and one city of Bukidnon, have been affected by the postponement. This includes Catarman, Guinsiliban, Mahinog, Mambajao, and Sagay of Camiguin Province; Kitaotao, Cabanglasan, Libona, and Malitbog of Bukidnon; Alubijid, Balingoan, El Salvador City, Claveria, Gitagum, Initao, Kinoguitan, Libertad, Lugait, Manticao, Naawan and Sugbongcogon of Misamis Oriental. FICCO is a conduit of LBP for the cash grant distribution of payout/PAGE 15

Economy

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Mindanao youth gather for International Youth Day

I

LIGAN City -Around 500 youths from the different parts of Mindanao gathered at Iligan City National High School Gym to celebrate the International Youth Day 2017 amidst the ongoing conflict in Marawi City. With the theme “Love, Peace and Music,” Social Welfare and Development Undersecretary Hope Hervilla, National Youth Commissioner-at-large, and National Youth Commission (NYC) chair Undersecretary Cariza Seguerra, Assistant Secretary James Ceasar Ventura and government

officials graced the event. Iligan City Vice Mayor Jemar Vera Cruz lauded the participation of the youth despite the crisis happening in Marawi. “The youth are the future of tomorrow. You may choose to have a better today and decide to be the best of tomorrow. It is only you who control the destiny of your generation,” Vera Cruz said. Undersecretary Hope Hervilla also said that the celebration is very relevant, as it will provide an avenue for the youth to gather and create initiatives in a time of the

crisis. “I believe that Marawi will rise again from the rebels of armed conflict. You are the hope of the fatherland and of the next generation,” Hervilla said. For her part, Seguerra hopes that the youth will take part in creating change by starting within themselves. “Sana lahat ng pagbabago, especially on peace, magsimula sa atin; ang openness, mas malawak na pag-iintindi sa iba’t ibang kultura at paniniwala,” she said. (I hope that all changes, especially on

peace, will start from us; the openness and wider understanding of different cultures and beliefs.) Irie Chin of the Bangsamoro Youth Affairs shared that it was imperative “to gather the youth and ask them what they can do in order to move forward from the crisis.” “What happened in Marawi changed things, and we can’t just stand by and wait for things to pass. We need to move forward,” she said. Addressing four issues, prevention and YOuth/PAGE 15

RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao

DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

Danna Rose Socaoco blooms in an Ernz Huiso creation during the Northern Mindanao Fashion Festival held last Sunday at SM CDO Downtown Premier in Cagayan de Oro City. photo by mark francisco

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) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011


CorporateWorld 3 Globe deploys close to ALI allots P46B for new projects 3,000 LTE sites in VisMin Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

A

YALA LAND, Inc. (ALI) is ramping up its expansion outside Metro Manila with the allocation of P46 billion to fund two estates in the Visayas and Mindanao regions. In a statement on Wednesday, the listed property giant said it will be spending P26 billion to develop a 17-hectare

estate in Mandaue City called Gatewalk Central. Located inside the Cebu Business Park, the integrated mixed-use development is being developed in partnership with AboitizLand, Inc. ALI is also allotting P20 billion for the Azuela Cove, a 25-hectare development in Davao City in partnership with

the Alcantara group. The company is pouring in an initial P8 billion for the first phase of the project. “For economic growth to be truly felt by more people, real estate developments should expand beyond Metro Manila. We see this shift as a positive development and Ayala Land is committed to contribute

Gaisano and Cagayan de Oro Talent Center send their own combined contingent during Sunday’s Higalaay Carnival Streetdancing 2017 along Velez St. in Cagayan de Oro City. photo by mark francisco

to the transformation and progress through its projects in the Visayas and Mindanao,” ALI Visayas-Mindanao Chief Operating Officer and Aniceto V. Bisnar, Jr. was quoted as saying in a statement. Mandaue City’s Gatewalk Central will include office buildings, residential developments, retail projects, as well as an Ayala Mall. ALI’s residential brand Avida Land will be the first development to rise in the estate, which will target young professionals and families. The Ayala Mall in Gatewalk Central is slated to open in 2019 and will feature a business process outsourcing office building on top of it. Aside from Gatewalk Central, ALI will soon launch a 14-hectare estate in Mactan in partnership with the Gaisano Group. Meanwhile, Azuela Cove is being developed as a waterside lifestyle, business, and residential distrct in Lanang, Davao City. The estate will be divided into three zones: an urban gateway park, a central valley park, and a waterfront park. The first phase will feature Ayala Land Premier — ALI’s highprojects/PAGE 13

GLOBE Telecom has accelerated its deployment of Long Term Evolution (LTE) sites in Visayas and Mindanao as it aims to improve its network coverage. Globe has deployed nearly 3,000 LTE sites covering almost 60 percent of its physical sites in the region. “Our customers in Visayas and Mindanao are now enjoying the benefit of a more pervasive LTE network in the region following accelerated deployment of LTE sites using various frequencies. We expect customer experience to continue

improving moving forward as we step up deployment of LTE sites,” said Joel Agustin, Globe Senior Vice President for Program Governance, Network Technical Group. The deployment of LTE sites would address the growing demand for bandwidth amid increasing consumption of multimedia content, he said. While lower frequencies such as the 700 megahertz (MHz) frequency band provide better signal penetration and offering stronger indoor coverage, the lte/PAGE 13

Phoenix Petroleum wins LandBank’s Kaagapay Awards OVER the years, Phoenix Petroleum has been an advocate of development in the rural areas. This year, the oil company was awarded 2nd Place - Outstanding Large Corporation II under the non-agri-based category at LANDBANK’s Gawad KAAGAPAY Awards. Phoenix Petroleum won second place as Outstanding Large Corporation II under the non-agri-based category in Land Bank of the Philippines’ Gawad

Kaagapay Awards 2017 held on August 14 at Pasay City. The company was represented by Phoenix Petroleum Vice President for External Affairs, Business Development, and Security Atty. Raymond Zorrilla, Chelsea Shipping Vice President for Finance Igna Braga, and Phoenix Treasury Manager Karen Almacen. The award was given to Phoenix Petroleum for its investment in rural phoenix/PAGE 13


4

Opinion

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Culture of arrogance

HOTLINE Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

RUFINO T. MAGBANUA

Vice President for Business Development

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

gilbert y. chao Motoring Editor

JUN AYENSA

Regional Editor - Caraga

Cris diaz ATTY. antonios. soriano mike baños 2f, ICS Building BONG FABE Tel.No.: 881-0176 Uriel quilinguing Tiano cor. Montalvan sts. Contributing Editors Legal Counsel CLIFFORD SANTILLAN Layout Artist

ATTY. MARIO T. JUNI

ABEGAIL BAYNOSA Sandra encoY

Juni Law Office Cruz Taal St., CDO Legal Counsel

Cell No: 09352379999

Advertising

manila office: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell No.: 0977-152-8860 lani vallido-Marketing Manager

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2017-02942. Tel. Nos.: (088)856-3344, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

Member: Philippine Press Institute Oro Chamber

A great woman think a minute

jhan tiafau hurst Think a minute…There was a young married couple who really struggled to make enough money just to live on. One day the husband took all their money and b oug ht a sma l l s er vice station. His wife Jane did not think this was a smart, good investment. She knew her husband did not have the experience, knowledge or time to manage the service station. Well, she was right. Their station soon went out of business and she and her husband lost ever ything they owned! The husband came home that evening very discouraged, expecting his wife to be angry and remind him that she had told him not to do it. But he was so surprised when she sat down with him and said, “I’ve been doing some

figuring. You don’t smoke or drink alcohol, but if you had, we would have lost just as much money as we did with the service station. Don’t worry, let’s just forget it.” This is a true story. That wife could easily have hurt, even destroyed, her husband’s self-confidence that evening. He was already feeling like a failure. But instead she let him know she still believed in him. Friend, our husband needs to know that we respect and support him, especially when he fails or faces opposition. He needs to know that we’re on his side no matter what happens or the mistakes he makes. We need to make our home a safe place so that our husband always knows he won’t be criticized and put down when he comes home. If we could guard and control our words and attitudes, just think how peaceful and happy our home and marriage would be. But it’s not easy to learn self-control and always accept and respect your husband, even though he has faults and weaknesses. That’s why it’s only with Jesus Christ’s kind of love woman/PAGE 13

Ruffy magbanua D o you re cog n ize t his business? It has a DNA in the food industry and boasts itself as a market leader. In fact, it reportedly has the largest market share in the industry. Everyone knows this brand. It recruits the best people and their brand looks great on a resume. Howe ver, b ehind its portrayal of a ‘good boy’ image, there lies the

arrogance in the way how it treats its tax obligation with the government – both local and national. Just recently, its brand name surfaced in the City C ouncil of Cagayan de Oro’s committee on trade, commerce and trade for alleged non-payment of real property tax amounting to a whopping P300 million. Accordingly, a quer y has been called by the committee for this brand name to explain why it failed to settle its tax obligation with the local government of Cagayan de Oro. As host of this brand name, the city demands a convincing explanation as well as on why it has not received its fair share of the revenues the Philippine Economic Zone Authority (PEZA) generated out of

the operations of this multinational company. Sadly, this brand name still harps on its so-called contribution to the local e c on omy v i s - à - v i s j o b generation, among others. But this is not the be-all and end-all of its existence. What matters most is the ‘how and why’ it deprives the local government of its due – tax-wise. Consequently, Congress had called for an investigation into the alleged non-payment of tax liabilities of this company for the taxable years 2011, 2012 and 2013. But of course, this brand name has quickly dismissed the allegation saying it complied its tax obligation with the city government for three consecutive years. The committee however, sees no positive sign ahead

for the possible settlement of real property tax due to the city government from its 27-hectare seaside property. And if settlement would be too far off, then the committee has no recourse but recommend for the closure of the brand name’s operations. In d e e d , t h e c u lt u re of ar rogance s e ems no boundary to mark off for this brand name, and signs of it are lucid enough as it creeps into its very corporate soul. This brand name believes that there is no such thing as “return on service” to speak of, nor it has its social obligation to comply with whatsoever. After all, it’s all about profit before anything else. Sigh. (ruffy44_ph2000@ yahoo.com)

There is no excuse for murder! Speaking out

ignacio bunye The killing of 17-year old Kian de los Santos could have been just another statistic in the alarmingly growing list of casualties in the on-going all-out drug war. In just two days last week, 57 were killed in separate operations in Bulacan and Metro Manila – a much higher daily casualty rate than in the war against the Maute terrorists in Marawi City. As in previous cases, Kian was initially reported as having fired at policemen engaged in an anti-drug operation. This gave the supposed law enforcers no alternative but to fire back, fatally wounding the teenager. A photo of a caliber .45 pistol

in Kian’s left hand was Exhibit A in what police termed as a very clear case of “nanlaban”. But things did not turn out well for three Caloocan City police operatives who were involved in the incident. Two of them got caught on cam dragging away an apparently helpless, defenseless young man away from the scene of the arrest. And that was the last time, Kian was seen alive. Kian was right-handed. Two separate medico-legal examinations conducted both by the PNP and the Public Attorney’s Office more or less agreed that Kian had no powder burns. His bullet wounds indicated that Ian was kneeling with his head almost flat on the ground when he was shot. He was shot at close range. Public outrage over the injustice – even among the supporters of the drug war – was swift and rightly so. Kian was executed. It was murder. Even at one point in Thursday’s senate hearings, PNP Chief Bato de la Rosa exclaimed: “Nakatalikod at babarilin mo? Kriminal ka!”

The involved policemen tried – unsuccessfully though – to brand the dead teenager as a drug courier, a charge vehemently denied by Kian’s family, friends and neighbors. But even if true, the allegation was completely irrelevant, as pointed out by Senator Frank Drilon. The point was whether or not the three policemen correctly followed protocol. The double irony in the case of Kian was that he and his family supported President Duterte, believing that Duterte would end the scourge of drugs. Kian, who dreamed of one day becoming a policeman, died in the hands of policemen. Thank God for CCTV. At least in Kian’s case, overzealous enforcers - who may have misinterpreted the President’s assurance that no policeman or soldier would go to jail for doing their job – are not about to get away. Ninoy’s murder This reminds me of what happened 34 years ago. At that time, news reporting was very much controlled by government. Unless one was actually

at the Manila International Airport, one would not have known what really happened to Ninoy Aquino that fateful day of August 21, 1983. The of f ici a l version peddled by the governmentcontrolled media was that Ninoy was shot down by Rolando Galman as Ninoy deplaned from the China Air Line which brought him home via Taipei. Galman, in turn, was gunned down by elements of the Aviation Security Command (AVSECOM). Nice and neat stor y. Unfortunately for Ninoy’s executioners , they were also caught on cam. Foreseeing something untoward would happen, Ninoy invited some journalists, including TV crews, to accompany him on his journey home. One cameraman documented how AVSECOM soldiers boarded the plane and fetched Ninoy from his seat. As Ninoy and his soldier escorts exited the plane, one of the soldiers blocked the news crew and tried to cover the camera lens with his palm. The plane’s murder/PAGE 13

Dance with My Muse

Lucell larawan I am expectant of what God will do as my fifth solo exhibit, “Dance With My Muse” will open on September 2, 2017 at 6:30 p.m. This show is presented by the Prism Gallery at Salcedo Street corner Benavides Street, Legaspi Village, Makati. This is my victory after I sought for a reputable venue in the

national scene which can present my artistic creations. Thank God, I successfully competed as a provincial artist from Bohol amid a tough competition of talents in Metro Manila. Allow me to share this exhibit’s artist statement which I penned: The Muses are goddesses of Greek pantheon who personify the visual arts, music, literar y arts and science. Among artists, it is believed that the Muses inspire the creation of prodigious works. To “carry the mousa”, according to the Greek lyric poet, Pindar, “is to excel in the arts”. Any artist will often search for inspiration which William Shakespeare invoked: “O for a Muse of fire, that would

ascend/The brightest heaven of invention.” Lucell Larawan continuously seeks this heaven of innovation for his oeuvres. As the artist capitalizes on inspiration, he prays not to mythical characters. He entreats for divine unction for the arts based on the Biblical premise. His reference is how Bezalel, son of Uri, acquired skills, ability and knowledge in all kinds of artistic designs through God’s filling of His Spirit (Exodus 31: 1-11) in order to create the ark of the Testimony, the gold lampstand and other required elements of the Old Testament worship. Being a co-creator of a better world with his artistic calling, the artist believes that the

anointing can flow in his life if he deliberately pursues it with diligence. In his 19 years of artistic journey, the limnersculptor does not just wait for inspiration to come in order to limn or sculpt. He chases the Spirit or “Muse” in his relentless effort to grow. Even while working as a full-time mentor, the artist still managed to launch three of his four solo shows—a commitment that would be almost impossible for one with a 27-unit load. But somehow, his teaching job did not make a dent in his energy and passion. The artist knows discipline in studio production because he ag re e s w it h Ste ve n Pressfield’s statement: “This dance/PAGE 13


5

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Go Hotels Iligan set to open soon By Mike Baños

Despite the uncertain peace and order situation in Mindanao, Robinsons Hotels and Resorts remains optimistic tourism and the hospitality industry would continue to flourish in the island’s regions. “Mindanao has a very vibrant economy. There are still so many areas which are so conducive to commercial development,” noted Elizabeth D. Gregorio, general manager of Robinsons Hotels and Resorts, a subsidiary of Robinsons Land Inc. (RLC) which operates the group’s Summit Hotels and Resorts, and Go Hotels. “To begin with, we already have so many Robinsons malls in Mindanao. And in terms of Go Hotels also, we are very much present. We have Davao, Butuan, soon we will be opening in Iligan, and we are looking at other areas like Cagayan de Oro, so we’re very optimistic about the economy in Mindanao,” she told reporters on the sidelines of the Summit Galleria Cebu launch last August 19. “Go Hotel is very much a city hotel. It’s a place where you park your things and you’re out for the rest of the day for business or pleasure,” she added. Company information online describes Go Hotels as “an Essential Service Hotel providing quality accommodations, with a complete and convenient travel experience for the savvy professional, the go-getting trailblazer, the modern man and woman – everyone should be provided a low cost option for value lodging.” Although it is profiled as a low cost option for value lodging, Go Hotels rooms feature Windsor chiropractic beds of high quality, hypo-allergenic materials with 100^% cotton sheets and duvet covers; bathrooms with overhead hot and cold rain shower, hand-held shower head and 100% cotton bath towels, soap and conditioning shampoo; LCD Cable TV sets in all guest rooms and lobby, free Wi-Fi in all areas; 24/7 CCTV surveillance in the lobby and corridors with a safe in all guest rooms; transport access to public, private and for-hire transport for hassle free travel And airport transfer, toiletry kits, and breakfast sets as add-ons should the guest so desires. At present, Go Hotels operates eight hotels in Luzon (Cubao-QC, Ermita-Manila, Mandaluyong, Manila Airport Road, North EDSA-QC, Ortigas Center, Otis-Manila, and Puerto Princesa-Palawan), four in the Visayas (Bacolod, Dumaguete, Iloilo, and Tacloban) and two in Mindanao (Butuan, Lanang-Davao). Besides the one in Iligan, the company is also opening another new hotel in Timog Avenue, Quezon City before the year ends. “We expect to open more Go Hotels at the rate of two a year,” Gregorio said. “Go Hotels already has five operational hotels that are franchised and we continue to explore more interests in franchising. One of the chains biggest franchise operators is Roxaco Land Corp., the property development arm of Roxas and Company Inc., which already operates four Go Hotels in a joint venture with the Vanguard Hotels Group of Singapore. Roxaco-Vanguard operates Go Hotels North Edsa-Quezon City, Manila Airport Road-Parañaque, Cubao- Quezon City, Ermita-Manila, and Timog, Quezon City by the 4th quarter of the year which would increase the group’s total capacity to over 1,000 hotel rooms. Should there be an opportunity, Gregorio said a Go Hotel for Cebu would also be possible.

Go Hotels Iligan Lobby perspective

Quarter view of the soon to be completed Go Hotels Iligan showing its proximity to the new Robinsons Place Mall

Twin Sharing Room

Go Hotels Iligan Grand Ballroom perspective


6

Banking&Finance

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Tax reform can benefit the poor: economist

P

OOR families can benefit from the Department of Finance’s (DOF) tax reform proposal with the highly targeted cash transfers that will be distributed to the country’s poorest households, according to an economist. Rosario Manasan, a senior research fellow of government think tank Philippine Institute for Development Studies (PIDS), said 40 percent of the increment on excise tax from petroleum will

be used for targeted cash transfers. Manasan, an expert in public finance, noted that target beneficiaries will be identified utilizing the National Household Targeting System of the Department of Social Welfare and Development (DSWD), the same tool used by the Pantawid Pamilyang Pilipino Program (4Ps). But she said both Congress and Senate have yet to decide whether to provide the targeted unconditional cash

transfer for three years based on Senate Bill 1408, or for one year only as stipulated in House Bill (HB) 5636. “My own recommendation is three years to give time for the transfer to have some impact on growth and benefit the poor,” Manasan stressed. HB 5636, also known as the Tax Reform for Acceleration and Inclusion (TRAIN), is part of the DOF’s Comprehensive Tax Reform Program (CTRP) that recommends

the lowering of personal income tax (PIT) but increasing excise taxes on fuel, new cars and sugar products. In contrast, poor families will not benefit from the reduction of the PIT because they are not paying any personal income tax even under the present system as their incomes are below the taxable threshold. But Manasan said poor families are also bound to be adversely affected due to the proposed increase in the excise tax on

BSP chief: PH not in foreign exchange crisis RECENT depreciation of the Philippine peso allowed the local currency to regain its price competitiveness and was consistent with the government’s investment and export-led growth strategy, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said Friday. Speaking before the Economic Journalists Association of the Philippines (EJAP) economic forum held at exchange/PAGE 13

BWM: Aug. 28, 2017

Shaira Mae Mendoza, carnival queen representative from sitio Macanhan of barangay Carmen, during the Higalaay Carnival Streetdancing held last Sunday along Velez St. in Cagayan de Oro City. photo by cris john tagupa

petroleum products and expansion of the coverage of the value-added tax (VAT). The House of Representatives has already approved its version of the TRAIN (HB 5636) last June 2017.

Currently, the Senate Committee on Ways and Means is deliberating on the HB 5636 as well as Senate Bill 1408, the version of the TRAIN that was filed by Senate President Aquilino Pimentel III. (PNA)

Proposed tax reforms to ensure funds for add’l gov’t programs A DEPARTMENT of Finance (DOF) official remains hopeful that senators will approve the proposed tax reforms in its original form so that government can finance all its programs. Finance Undersecretary Karl Kendrick Chua said aside from the proposed programs of the various agencies for 2018, additional funds are needed to finance among others the tuition fee of students enrolled in the State Universities and Colleges (SUCs), local universities and colleges, and technical-vocational institutions starting academic year 2018-19. Republic Act (RA) 10931 or the “Universal Access to Quality Tertiary Education Act” was signed

into law by President Rodrigo R. Duterte last Aug. 3. Financing for the said expenditure is not included in the proposed Php3.767 trillion national budget for 2018. Under the proposed national budget for next year, the Department of Education will get PHP 613.1 billion allocation, the Commission on Higher Education (CHED), PHP13.5 billion, and SUCs, PHP64.6 billion. Earlier, Budget and Management Secretary Diokno said the proposed budget for next year also allocates PHP116 billion worth of allocation for various types of scholarships which can be tapped for the tertiary funds/PAGE 13


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

7

MISS CAGAYAN DE ORO 2017 CANDIDATES AT SM CITY CAGAYAN DE ORO. The twelve lovely Miss Cagayan de Oro 2017 candidates showcased their talents on July 15 at the Event Center of SM CDO Uptown.


8

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

9


10

Billboard

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Sikat ka Higala By SHERYL MACALE

All of the story here is based on true to life events that I meant to give to my readers lessons in life in pain,suffering,struggles which concluded to success.I have relayed so many stories that have inspired people to strive harder,work harder and thrive to become an example and also become an inspiration to others.In fact a good friend of mine by the name of Mark Apilan is one success story but this article is focussed on another success that i know will greatly bring a good impact on people that even though how hard life could be we can arise and stand on the challenges and win every race.Just recently London Eye Lash Extention just opened at SM Downtown Premier.7th Branch I had the opportunity to witness and cover this event and met the humble owner Rosevic Downes who now reside in London UK.Speaking to her in a manner that her attitude in life is the reason she got this far.Born not of privilege but of less fortunate but a dream she dreamed to become a successful entrepreneur and so it happened. As her story tells she left for London work really hard married a

kind man a few years later put about 6 branches in the Philippines.When i asked her about what was her secret to success was she said determination,commitment and taking care of her staff and clients.She has a very warm personality to herself and towards other people. See was swooned by so many media,bloggers and international journalists eager to interview her on how she had soared high quickly and became one every woman is looking up to.In fact she was a bit teary eyed while telling her life . But how she made it is by the Grace of God and the giving back to the needy and the people that she helps from time to time.In fact she promised to help me with my Charity this year with Give a Gift.You see the kind of people like her makes me smile.It is important I give my readers the lesson that we may find life difficult but we see people become successful we dream of becoming one. To Rosevic Downes you are an epidemy a force to be reckon with an ICON dont stop to inspire and to the staff of London and Eyelash and your empire congratulations. Sikat Ka Higala.

Heeding the request of GSIS

COA to report public offices that fail to remit GSIS premium, loan payments The Commission on Audit (COA) heeded the request of the Government Service Insurance System (GSIS) to audit the compliance of all public agencies with the law mandating the remittance not only of GSIS contributions but also of loan repayments of government workers to the state pension fund. COA Chairperson Michael G. Aguinaldo directed all COA auditors under Memorandum No.

2017-15 dated August 8, 2017, to report delinquent agencies who are remiss in paying premium and loan amortization and those who fail to remit on time, citing Section 6 of Republic Act 8291. All these, he said, will be included in COA’s annual audit report so that “penal sanctions may be imposed upon the responsible officials and employees” who violated the law. The COA chief issued

the order after GSIS Chairman Francisco Duque III and Officer-inCharge Nora MalubaySaludares sought COA’s help in the pension fund’s premium and loan payment collection efforts. The GSIS officials appealed to COA to check agencies’ compliance in paying the required GSIS premiums, Employees’ Compensation (EC) contributions, and amortizations for various

GSIS loans on time. “We laud COA in assisting us to address the nonpayment of premiums and loans which has been a longstanding concern of GSIS because it compromises the benefits of GSIS members. Loan balances, If left unpaid, will balloon to unmanageable amounts that will significantly reduce the benefits of members and leave them in precarious

situations when they retire or separate from government,” Chairman Duque stressed. He also said that GSIS has to boost its collection efficiency to strengthen its capabilities to fund the future benefits of its members and pensioners. In a related development, Department of Education (DepEd) Secretary Leonor M. Briones also responded to GSIS’s request to

prioritize the payment of GSIS premium and loan payments over all other private lenders. Sec. Briones issued DepEd Order No. 38 series of 2017, reiterating the prioritization of GSIS premium and obligations as first preference in employees’ salary deductions. She also directed agency authorized officers to ensure that the request/PAGE 13

Walden Matthew Eduave, Caroline Caryl Pohl and Jolyna Divinagracia from the award-winning team of Liceo de Cagayan University during the Higalaay Carnival Streetdancing held last Sunday at Rodelsa Circle. CIO/CRIS JOHN TAGUPA


Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

11


12

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Espressini – the city’s most Instagrammable café Story by MARK FRANCISCO PHOTOS SUPPLIED

WHEN you and your family are born foodies from the start, opening up a new resto will flow just naturally. Indeed that was what 22-year-old Anna Rochelle Uy did. After graduating as a business student in Xavier University, Rochelle immediately took up a crash culinary course at Culinary Institute of Cagayan de Oro (CIC), owing to her passion of food when she was young. In this interview last Sunday, Rochelle recalled that the family would cook food by themselves and would shy away from caterers during parties. “We really love to cook because we can control the ingredients, the tastes.”

After graduating from the culinary course, an opportunity whipped by. It was the entrepreneurial instinct in Rochelle that clicked when she saw an empty spot at the second level of Cagayan Town Center. Conveniently located at the corner of Luna espressini/PAGE 13

Why is education so important in our life By ELMA TUBAON Macanhan Elementary School

EDUCATION is knowledge gain. Education gives us a knowledge of the world around us and changes it into something better. It develops in us a perspective of looking at life. It helps us build opinions and have points of view on things in life. Education is the process of gaining information about the surrounding world while knowledge is something very different. It makes us capable of interpreting things among other things. It is not just about lessons in textbooks. It is about the lessons of life. Education is the only

key to success in personal and professional life. It provides us various types of knowledge and skills. It is a continuous, slow and secure process of learning which helps us in obtaining knowledge. It has many benefits and has positive impact in our life. It is a very vital tool that is used in the contemporary world to succeed. It is important because it is used to mitigate most of the challenges faced in life. The knowledge that is attainted through education helps open doors to a lot of opportunities for better prospects in career growth.


13

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Projects...

Woman...

Dance...

end residential segment — St. Luke’s Hospital, a retail center, an events tent that can hold up to 2,000 people, as well as an interim sports facilities area. Gatewalk Central and Azuela Cove are two of eight projects by ALI located in the Visayas-Mindanao region. Nationwide, the property arm of the Ayala group has a total of 22 estates.

that we can do it. If you’ll ask Jesus to forgive you for not being the wife you should, He will help you to start changing and learning to love the way He does. Only Jesus can help you always give your husband the respect and confidence he needs from you to become the real man you need and want him to be. Just Think a Minute…

from page 3

from page 4

is the other secret that real artists know and wannabes… don’t. When we sit down each day and do our work, power concentrates around us. The Muse takes note of our dedication. She approves. We have earned favor in her sight. When we sit down and work, we become like a magnetized rod that attracts iron filings. Ideas come. Insights accrete.” In art making, Larawan’s style evolved from the neopointillist approach to a hybrid that—unknown to him, at first-- shares an affinity with African or Austronesian tribal folk art albeit overflowing with Filipino flavor. The limner playfully uses colors, textures and shapes in a configuration evoking an intrinsic or native horror vacui sensibility. Larawan cherishes most the works of Yayoi Kusama and Vincent Van Gogh. In this exhibit, Larawan’s diverse ideation concerns are held together by his personal visions and environmental t he me s . In h is chu rch paintings and “Nail Them” series, he highlights values that are worth nurturing. Having stayed in Iloilo and Bohol, he considers these provinces’ old architectures as emblems of faith by which Filipinos find their resilience, ability to find hope in difficult circumstances and fulfill the saying, “the people who know their God will be strong and do exploits (Daniel 11:32)”. His marble and nail sculptures with verse references are poetic renditions of giving or surrendering our sorrows because God’s love will see us through even as we do not pray in vain. “Cainggit Beach” series and “Duo at the Backyard” spring from the limner’s cherished memories of childhood. The artist used to swim at the beach to wash away his boredom; now, it becomes his treasured site in his milieu, although there are “better” beaches around. The artist was close to chickens at his grandparents’ home, albeit he did not gamble with the cocks. His playfulness could not be satiated without these chickens’ involvement. “Blossoms of Transition” series are Larawan’s revision

from page 3

LTE...

higher frequencies, such a s t he 1 8 0 0 M Hz and 2600 MHz bands, provide additional capacity for data, he explained. Utilizing the 2600 MHz provides additional capacity layer over existing 3G and LTE capacity layers providing customers with additional capacity and improve their Internet experience, he added. Globe is also expanding its network infrastructure such as cell sites in line with its efforts to further ramp up the deployment of its LTE sites. (Globe PR)

Phoenix... from page 3

advancement through supporting its priority sectors such as small and medium enterprises. Part of the selection process included a visit to the oil company’s terminal in Davao City by a panel of experts and judges from LANDBANK to determine if parameters on operations, sustainability, relationship with the bank, community service, performance, and direction of the business were satisfied. The Gawad Korporasyon KAagapay sa Ating GAnap na tagumPAY (GAWAD KAAGAPAY) was launched by the Land Bank of the Philippines as a fitting accolade for its clients who have been strong partners of the bank and have been providing their significant share in community development. R e c e n t l y, P h o e n i x Petroleum was also given an Outstanding Filipino Franchise award for the second time in the 2017 Franchise Excellence Awards.

from page 4

Murder...

door was immediately closed, preventing newsmen from following Ninoy and his escorts down the ramp. But the camera kept rolling. Within 7 seconds, the camera clearly picked up the command “Pusila, Pusila”. A couple of seconds later, one shot rang out, immediately followed by a staccato of gunfire. The next scene showed Ninoy sprawled on the tarmac, blood oozing from his lifeless body. The body of the alleged gunman also lay on the tarmac. Because of the timing of the first shot, investigators later established that Ninoy was still descending from the plane ramp when he was shot at the back of his head. No way could Rolando Galman, the alleged gunman, have penetrated a supposedly tight security cordon and assassinated Ninoy. The video clip soon became “viral”. Of course, at that time, there was no internet. But copies of the video clips were manually reproduced on Betamax tapes and clandestinely circulated in private homes and later, in offices. I believe that these video clips played a vital role in conscientizing Filipinos, who until then had grown numb of the excesses of martial law. The silent protests in the homes and offices soon spilled into the streets. It took another three years to end two decades of Marcos rule but the protests in 1983 -sparked by the murder of Ninoy on the tarmac – marked the beginning of the end. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

from page 4

The future of education technology By BONILITA CORDITA Macanhan Elementary School

IS there anything more exciting today in schools t h a n t h e m a r r i a g e of technology and pedagogy? Educators are finding new w ay s to c on ne c t w it h students using students’ individual needs and wants to guide their instruction. A deeper connection forms between teacher and student when technology is used to enhance their relationship. Te c h n o l o g i e s m a y be used to advance p e rs on a l i z e d l e ar n i ng for millions of students across the globe including

virtual reality, robotics, marketspaces, online instruction and wearable tech. Most important two long term trends are redesigning their classroom spaces for more hands-on learning and incorporating technology education to prepare the next generation to become part of a technology-based workforce. For le ar ners to d ay, movement and creativity in education are paramount. Mobile technology frees students from the old model in which a teacher lectures

from the front of a classroom that is laid out in rows of desks. Instead, teachers have become coaches and guides in today’s modern pedagogy which includes blended learning, projectbased learning and small group instruction. This collaborative model fosters teamwork and cooperation and t he l ayout of t he classroom enhances that e x p e r i e n c e. Stu d e nt s are more engaged and perform better when school furniture and technology transform to create a more collaborative environment.

of his past floral subject—this time becoming reminders of his fruitfulness in transitioning from fulltime employment into an art career. In this solo show, the limner-s c u lptor invites everyone to dance with the Muse. (For comments, email lucelllarawan@gmail.com.)

Funds... from page 6

education law. Other programs that need funding include the pension of the military and the universal healthcare. “So if we don’t have enough revenues, none of them or part of them, cannot be provided. So we have to look at it from the big picture,” Chua said. The House of Representatives approved the first package of the tax reform bill last May 31 before members of the House took their break. The proposal is now being discussed in the Senate and DOF officials continue to explain to senators the necessity of approving the tax reforms in full. “We will explain and try to convince the people of the benefits of this tax package,” Chua said. Chua is hoping the Senate will approve the tax reform bill by October or November before the budget proposal for next year is tackled in the plenary. (PNA)

Exchange... from page 6

Ayuntamiento de Manila in Intramuros, Manila on Friday, Espenilla said the peso is now trading at 51-level to a greenback, similar to its trading range in 2005. However, the central bank chief said domestic scenario is different now because the country has been elevated to investment grade status by the major credit raters. “Back then we were junk rate. Today, we are investment grade. And definitely we are not in a foreign exchange crisis,” he said. Espenilla stressed that the central bank “is in firm control of the exchange rate.” He said the peso has depreciated by about 2.5 percent since the start of

the year but this rate is still okay and the peso is not in a free-fall. In an interview by reporters after the forum, the BSP chief said “moderate weakening of the peso is actually supportive of exporters, of overseas workers, BPO, (and) tourism. So there are positive things there.” Market players’ worries on what is happening globally is the reason for the peso’s movement, he said. “We’ve always said that while the peso is marketdeter mined the BSP is carefully monitoring developments and will take necessary actions when things go out of hand. We’re always watching the market,” he said. (PNA)

budding enter tainment and dining hole in the city, Cagayan Town Center. Take a text and visual l o ok at s ome of t he i r mouthwatering dishes – linguine truffle mushroom pasta coupled with a hint of white truffle mushroom oil, grilled chicken pesto pasta, matcha cheese cake coupled with matcha green tea smoothie, baked rice tomato pork chop topped with melted cheese, affogato coupled with a separate espresso shot, grilled tuyo pasta with sundried tomato and grilled eggplant, pesto bangus, homemade smoked longganisa, apple yogurt blend, homemade hot chocolate, creamy tomato pasta, coffee salted caramel (using fancy sea salt), creamy French toast topped with maple syrup and crispy bacon. from page 10 Ain’t that gastronomically Php4,000 net take home inspiring? pay under the General Ap p ro p r i at i on s Ac t i s observed after GSIS loan amortizations are deducted; warrant the prompt payment of premiums and loans; and educate DepEd employees on the consequences of late or non-payment of loans. EXTRAJUDICIAL “We welcome the quick SETTLEMENT OF ESTATE and responsive action of Sec. Briones because we Notice is hereby given that do not want the payment the intestate estate of DOLORES of GSIS loan to take a back VILLARUEL PACHICA, who seat now and allow members died on June 14, 2005 at Iloilo Philippines, that the said to suffer later after penalties City, deceased died intestate, without and surcharges have swelled will or testament and without to an unmanageable level,” any outstanding debts in favor Chairman Duque exclaims. of any person or entity; That the “We are confident that the aforementioned deceased left a impact of this synergy among parcel of land situated at T.N. GSIS, COA and DepEd will Pepito St. Poblacion, City of Valencia, Bukidnon, Philippines; redound to a brighter future KATIBAYAN ng ORIHINAL na for GSIS and its members,” TITULO Blg. P-1563; A parcel he beams. of land known as Lot 7404,

Request...

Espressini... from page 12

and Vicente Roa St., CTC is just the right place for Rochelle’s debut investment. And so Espressini Café was born. The family was instantly supportive of Rochelle’s endeavors. Her aunt Ann Jeanette joined in the financial side. Then a family friend Chef Edward David Mateo inputted all the comprehensive suggestions with Rochelle’s approval of course. By August 21 they were ready. Espressini Café is now open to the public, bringing more clientele to a slowly

Cad. 791-D (Psu-10-001606). DOLORES VILLARUEL PACHICA is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE; is made and entered DELILAH PACHICA KANGLEON, of legal age, Filipino, widow, and SAMEUL V. PACHICA, of legal age, Filipino, married to ELANIE CABRERA PACHICA, all residents at T.N. Pepito St. City of Valencia, Bukidnon Philippines; containing an area of SIX HUNDRED SEVENTY THREE (673) square meters more or less under Tax Declaration No. 22-001-68731 of the City Assessor of Valencia, Valencia Bukidnon. Under Notary Public of ATTY. RYAN DONVIV C. SISON; Per Doc. No. 361; Page No. 73; Book No. II; Series of 2017. BWM: Aug. 21, 28 & Sept. 4, 2017

Why we should teach empathy to school-age children By SONIA LAGURA Macanhan Elementary School

VARIOUS studies show that the more empathy a child displays, the less likely they are to engage in bullying, online and in real life. Empathic children and adolescents are more likely to engage in positive social behaviors like sharing or helping others. They’re also less likely to be antisocial and exhibit uncontrolled aggressive behaviors. That’s a big reason educators have been devoting more attention to empathy in recent years, integrating it

more deeply into schools and curricula. While teaching empathy in schools isn’t a novel concept, the practice has been gaining attention in the wake of high-profile incidents of bullying and youth violence. It has been shown to boost emotional intelligence and reduce aggression, has been expanding around the world, lauded by the Dalai Lama and others. Hopefully it will take roots here in the Philippines too.

Indeed, research suggests the sooner we learn to empathize, the better off we are in the long run. People exposed to empathy earlier in life have greater and longer lasting emotional benefits than those exposed to it later or not at all. One recent study suggests that children who are taught social and emotional skills as opposed to purely cognitive skills in preschool and kindergarten have better social skills and fewer behaviour problems.


BusinessWeek MINDANAO CREDIBLE

feature

RELIABLE

www.businessweekmindanao.com

IN-DEPTH

14

Monday | August 28, 2017

Eleven Tribes Kadayawan Festival Village

T

By Joe Palabao

housands and thousands of local, domestic and foreign tourists visited, enjoyed and appreciated the beautifully, culturally and artistically built Indigenous Peoples (IPs) Kadayawan Village located in one of the landmark of Davao City-Magsaysay Park from August 14-20 and aftermath of the 32nd most successful Kadayawan Festival 2017. Eleven(11) entholinguistic groups in Davao, the Ata, Iranun, Kagan, Maguindanaon, Maranao, Matigsalug, Ovu Manubu, Sama, Bagobo Tagabawa, Tausug and Bagobo K’Lata are housed in one Kadayawan Festival Village and take center stage through Bantawan a cultural show everyday. Bantawan showed their cultural pride and identity through a showcase of authentic lifestyle, amazing performance, craft making and showing their rich and culture and how it is being preserved. Indigenous Peoples (IPs) games are also being played to the delight of the visitors. Display of agricultural products, cooking of appetizers like the Sinara from the Bagobo Tagabawa tribe to include the aromatic native coffee. The term “Sama” meaning sama -sama togetherness. They are described as cohesive and peace loving people.

They expressed through verbal discussion and less through violence. Majority of the Sama people are in Davao City and are living in the coastal barangays from Bunawan to Toril. The wonderful Iranun tribe derived from two words Ira and Nun. It’s means residue remains or sit, referring to a place or area or the culture. “Nun” means the people therein with distinct laws and traditions. The “Matigsalug” means people who live along the river. And this River is along Davao River which the Matigsalog simply call Salog. The name Matigsalog is from the words Matig (place of origin) and salog (river). They are mostly located at the hinterlands of Marilog, Marahan or Paquibato. The “Kagan” inhabit in a pocket settlement scattered around Davao Gulf. Like the Kulamans, Mandayas and Sangils,

The Maguindanaon performance of the kulintang

Tribu Bagobo Tagabawa Hiyas sa Kadayawan

the Kagans did not and still do not occupy a contiguous territory that can be claimed as their ancestral domain, most of the settlements are found in the North it along a river. Their important centers were Padada, Sirawan, Davao (Bangkerohan), Tagum (Bingcungan), Madam, Hijo, Matiao, Pantukan, Samal and Lupon. The name “Maranao” means people of the lake with Lanao as their Homeland referred to as lake. Like other Muslim tribe they are brave and offered sacrifice in defense of their Homeland and Islam. They are rich in Literature of which the famous is the epic of Darangan. They are best known for sophistication in weaving, wood and metal craft their Impressive Turogan, designed motifs or Okir, example of which is the Sarina ok and their Bags which is an abstract anime from cock or a dragon or

The mesmerizing bamboo house of the Tausug

The cooking of The Sinaru, appetizer from Bagobo Tagabawa

The stunning house of The Sama Tribe

The Beautiful Maguindanaon House

snake respectively. Bagobo Tagabawa means people from the South. They inhabit the lower part of APO Sandawa like the areas of Toril District in Davao City part of which is Bansalan, Davao del Sur, and Makilala. They are known for their artistry like making Beautiful clothes with beaded designs. They practice unique rituals in marriage, deaths and harvests. The “Ata” sometimes called Atass or Agtas. The Spaniards called the people as they are living in the upland areas Atas, lumping many tribes together. They are called the people of the mountains. They are described as normally shy, kind but are quick to anger, organize vendettas and the pangayaw. The “Obus”. Manubu occupy Tambobog, Baguio District and Marilog District in the Davao side and Arakan, Antipas, Roxas, Magpet,

Kidapawan, Makilala or the Cotabato side, and strong groups can be found in Southern Cotabato. As the Obus live in remote areas, the Spaniards failed to identify them as a separate tribe and simply lumped them together with the Atas Postells called Atass, the indigenous natives who generally lived about the Western District of Mt. APO. The Maguindanaon has a very rich culture and they preserve their rich traditions, way of life. They lived peacefully with each other and enrich what they through time and culture, arts and way of life for their future generations. The Tausug has a rich cultural heritage and way of life and we’ll educated. The eleven tribes culture and the arts, way of life were intermingled by the local, domestic and foreign Tourists during the week long 32nd Kadawayan Festival

Sepak Takraw: The Laro ng Lahi

Celebration under the care of their respective Tribal Deputy Mayors, the organizing committee, the Chairman of Kadayawan 2017 Hon. Mayor Inday Sara Duterte, Vice Chair Vice Mayor Paulo Duterte and CoChairman Capt. Ronald Go from the Private Sector the President of the Davao City Chamber of Commerce & Industry, Inc. Kudos Davao City for the class performances!


15

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

monday|august 28, 2017

Alsons... from page 1

capacity of 210 MW. The second of which is set for c ompl e t i on i n Janu ar y 2018 and will cater areas in Southern and South Central Mindanao. Alcantara added that they are aggressively building more power capacities in Mindanao because of the growing demand of its “growth centers” such as the cities of Davao, Iligan, Sarangani, and Zamboanga. Under the Alcantaraled Alsons Power Group, it r u ns A ls ons E ne rg y Development Corporation, Alto Power Management Corporation, Mapalad Power Corporation, San Ramon Pow e r In c . , S a r a n g a n i Energ y Corporation, Southern Philippines Power Corporation, and Western Mindanao Power Corporation Aside from power, the Alcantara Group has interests in agribusiness, forestry, and real estate development. Of Mindanao’s tot al installed capacity of 3,162 megawatts, the contribution of non-renewable energy is 1,898 MW (1,070 MW coal and 828 MW diesel), which accounts for 60 percent of the energy mix. Renewable sources, meanwhile, account for only about 40 percent with a contribution of 1,264 MW (108 MW geothermal, 1,061 MW hydro, 36 MW biomass, and 59 MW solar). Majority of the hydro power source comes from the state-run Agus-Pulangui Hydro Power Complexes with an installed capacity of 982.1 MW. There are seven hydroelectric plants in Mindanao – six are in the Lanao provinces and one in Bukidnon. From 2015 to 2016,

three coal plants with a combined capacity of 700 MW were commissioned – AboitizPower Corp.’s 300MW Therma South Inc. in Brgy. Binugao, Toril; the 300-MW coal-plant of the San Miguel Consolidated Power Corporation in Malita, Davao Occidental; and first 100MW unit of the Alcantaraled Sarangani Energy Corp. (SEC). (Antonio L. Colina IV / MindaNews)

JICA... from page 1

leader, said the team focused on key factors like population g row t h , env i ronment a l impact and economic growth. “We have been trying to take a more comprehensive approach so that part of our recommendation (in the report) will be whether these projects will address those gaps,” he said. The estimate for the city’s population, Mr. Kumazawa added, is 3.5 million by 2024. “We will look at the impact of the population on these projects, on whether it is advantageous to build them now or later,” he added, pointing out that the projects are those identified by the city government and the National Economic and Development Authority. Among t he proj e c ts that are being considered in the assessment is the 23-kilometer bypass road that JICA is helping fund. The Japanese agency and the Philippine government in 2015 signed an agreement for its implementation. Based on the initial agreement, the project is set to be completed by 2021 and will be funded with ¥23.9 billion worth of official development assistance. Another project being considered in the assessment

Republic of the Philippines 10th Judicial Region REGIONAL TRIAL COURT Branch 19 Cagayan de Oro City IN THE MATTER OF ADOPTION OF MINOR FROILAN LAYDA NOBLEZA,

SP-FMY-2017-108

SPOUSES MICHELLE NIEMBRA PERPAS AND RONNEL GAID PERPAS, Petitioners. X- - - - - - - - - - - - - - - - - - - - - - - / ORDER Finding the Petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the Initial Hearing thereof be set on November 14, 2017 at 9:00 o’clock in the morning before this. Court which is temporarily located at the City Tourism Hall, Cagayan de Oro City. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this Petition. At the expense of the Petitioner, let this Order be published once a week for three (3) successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. In consonance with R.A. 8552 vis-à-vis A.M. No.02-6-02-SC, the Court Social Worker is hereby directed to conduct a Home Study Report on the adopting parents and a Child Study Report on the adoptee. She is also directed to conduct counseling sessions with the adopting and biological parents. The said report shall be submitted to this Court within SIXTY (60) days from receipt of this Order. Petitioner is likewise ordered to have all documentary evidence including their Judicial Affidavits along with those of their witnesses which shall be pre-marked before the Acting Branch Clerk of Court to establish compliance with jurisdictional requirements on November 6, 2017 at 2:00 o’clock in the afternoon. In consonance with A.M.12-8-8-SC (Judicial Affidavit Rule) vis-a-vis OCA Circular No.106-2012, Petitioner is hereby directed to submit their judicial affidavit at least five (5) days before the initial hearing, copy furnished the Public Prosecutor and the Office of the Solicitor General (OSG). IT IS SO ORDERED. Done this 15th day of August, 2017 in the City of Cagayan de Oro, Philippines. (SGD.) EVELYN GAMOTIN NERY Presiding Judge BWM: Aug. 28, Sept. 4 & 11, 2017

is the Mindanao Railway System, where the first segment, the Tagum CityDavao City-Digos City st retch, is s et to st ar t construction next year. Ms. Sison explained that, although the initial report has yet to be completed, the team might even recommend not to pursue certain projects. “We have looked at the overall impact of these projects, so it is not far-fetched for us to recommend that some of them may even harm either the environment or the economic growth,” she added. The report is part of the 15-month Davao City infrastructure development plan and capacity-building project which is set for c o mp l e t i o n i n Ma r c h . However, Mr. Kumazawa said the team, after its report presentation in October, will come up with a final report based on the inputs that government representatives will provide.

Cove...

from page 1 Manuel said they made the decision to expand to the city, following its real estate boom and its growing demand for commercial and residential spaces in Davao which is “poised to become one of the most vibrant city centers not only in the Philippines, but also in Southeast Asia.” The mixed-use project facing Davao Gulf and Island Garden City of Samal will be completed within eight to 10 years, Manuel said. President Rodrigo Duterte, who graced the launching of the Azuela Cove late Friday afternoon, said He said the joint venture of Ayala Land and the Alcantara Group of Companies Azuela

Cove will not only bring more jobs for the people of Davao City and its neighboring areas but “will further define the city as a thriving hub in Mindanao.” “I assure our private partners that the government has taken measures to ensure that you can do business with ease. We intend to establish an environment that is more conducive for new investments to prosper and for existing businesses to expand and grow,” he said. Manuel said the entire property comprises residential towers, retail centers, corporate towers and support infrastructure that would “create harmonious environment to support Davao’s economic growth and promote a better quality life for more people.” The Ayala Land Premier (ALP) Condominiums and the country’s premier hospital St. Luke’s Medical Center will rise within the property and will be complemented with commercial spaces and event areas such as retail shops and convention facility with a 1,500 seating capacity, Manuel added. Ayala Land made its entry in the city about nine years ago with its first premier mall, Abreeza Ayala Mall, followed by Seda Hotel, Alveo and Avida residential towers, and corporate center. The partnership between the two developers came about when the Alcantara family offered to partner with Ayala to develop the waterside property. “The prospect of growing another thriving commercial and lifestyle district in the middle of the city, less than five kilometers away from the airport, and facing the Davao Gulf, inspired us with its vast and exciting possibilities,”

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 19 Cagayan de Oro City SHERIFF’S NOTICE OF AUCTION SALE EJF File Number 2017-269

he said. The the Makati Central Business District, Bonifacio Global City, Nuvali Evoliving in Laguna and Abreeza Estate in Davao, among the Ayala Land projects in 55 growth centers and 22 estates in the Philippines. According to the Philippine Stock Exchange (PSE), the Ayala is “is engaged in the planning and development of large scale, integrated estates having a mix of use for t he s a l e of re s i d e nt i a l lots and buildings, office buildings and commercial and industrial lots, leasing of commercial and office spaces and the development, operation and management of hotels and resorts.” It said that the firm “develops commercial and industrial parks and is also engaged in property management, construction and other businesses like retail and healthcare. “ Among the Company’s subsidiaries are Alveo Land Corporation; Avida Land Corporation; Ayala Property Management Corporation; Makati Development Corporation; ALI-ETON Prop e r t y D e ve l opm e nt Corporation; North Triangle Depot Commercial Corporation; Laguna Technopark, Inc.; and Ten Knots Philippines, Inc. Meanwhile, Alcantara’s real estate projects include the high-end Las Terrazas, Woodridge Park, Ladislawa Garden Village but the family also runs businesses in power generation, agribusiness, and

forestry sectors. The Alcantara-led A l s o n s Po w e r G r o u p, runs Alsons Energy Development Corporation, Alto Power Management Corporation, Mapalad Power Corporation, San Ramon Power, Inc., Sarangani Energ y Corporation, Southern Philippines Power Corporation, and Western Mindanao Power Corporation. (Antonio L. Colina IV / MindaNews)

Payout... from page 2

Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries. Prior to the current postponement, DSWD has scheduled the payouts this month of August. D S W D F i el d O f f i c e Regional Director, Nestor Briones Ramos, however, has officially requested LBP Central Office for the immediate resolution of the issue with FICCO. Payouts for 4Ps beneficiaries is set every two months. Northern Mindanao has more than 270,000 households 4Ps beneficiaries.(Oliver B. Inodeo/DSWD/PIA10)

Youth... from page 2

rehabilitation, diversity and discrimination, protection and prevention, and participation in governance, the reading of the Youth Manifesto was conducted. Forming a peace sign, the youth also participated in candle lighting. (PIA-10 LDN/Iligan City)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 20 Cagayan de Oro City NATIONAL HOME MORTGAGE EJF FILE NO. 2017-256 FINANCE CORPORATION, Petitioner/ Mortgagee, - versus EDWIN CERVANTES MONTELLANO Respondent/ Mortgagor. X- - - - - - - - - - - - - - - - - - - - - - - - - - - / OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF-FILE NO. 2017-256

UPON EXTRA-JUDICIAL PETITION FOR SALE under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), with postal address at 104 Amorsolo St., Legaspi Village, Makati City, (mortgagee), against EDWARD ROY BASTASA CALO, (mortgagor), with address Block 1, Lot 42, Villa Nena Subdivision, Balulang, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of January 31, 2017, amounts to Nine Hundred Fifty Five Thousand Three Hundred Eighty Nine & 4/100 (Php 955,389.04), Philippine Currency, inclusive of interest and penalty charges, excluding other necessary fees and expenses of extra-judicial foreclosure and sale, the undersigned Sheriff or his deputies will sell at public auction on September 26, 2017, at 10:00 o’clock in the morning or soon thereafter, at the City Tourism Hall, City Hall Compound, City Hall, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property described herein-below, with all its improvements found thereon, viz:

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), a government owned and controlled corporation created under P.D. No. 1267, with postal address at 104 Amorsolo St., Legaspi Village, Makati City, against EDWIN CERVNATES MONTELLANO, single, of legal age, Filipino, and residents of Blk. 2 Lot 2- - Melecia Homes Subd., Upper Macasandig, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of March 31, 2017, amounted to ONE MILLION NINETY NINE THOUSAND NINE HUNDRED EIGHTY TWO & 79/100 PESOS (Php1,099,952.79), Philippine Currency, exclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at Public Auction on October 9, 2017, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or Manager’s Check in Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit :

“TRANSFER CERTIFICATE OF TITLE NO. T-62960” (Registered in the name of Edward Roy Bastasa Calo)

TRANSFER CERTIFICATE OF TITLE NO. T-78817

A PARCEL OF LAND (Lot 42, Block 1 Psd 10-014703, being a portion of Lot 3046-B-1-B-4-B, Psd-10-004367) situated in the Barrio of Balulang, City of Cagayan de Oro, Island of Mindanao. Xxx, containing an area of One Hundred Twenty (120) square meters., more or less.” Prospective buyers/bidders may investigate for themselves the Title of the property above-mentioned and all encumbrances thereon, if any there be. In the event that said auction sale on September 26, 2017 will be declared holiday or non-working day, the same will continue on the next working day without need of further notice, publication and posting. Cagayan de Oro City, August 3, 2017.

“A PARCEL OF LAND with all IMPROVEMENTS THEREON. (Lot 2, Blk. 6, Pcs-104305-001038, being a portion of Lot 2822-C-9, Lot 2822-C-1o, Psd- 10-15002, Lot 2822 -D (LRC- Psd- 184434), situated in the Barrio of Macasandig, City of Cagayan de Oro., Island of Mindanao. Containing an area of ONE HUNDRED THIRTY (130) sq. m. more or less Registered in the name of EDWIN C. MONTELLANO. All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event Auction Sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective Buyers may investigate for themselves the title herein above-describe encumbrances thereon, if any there be. Done this 1st day August 2017, at Cagayan de Oro City, Philippines.

FOR THE EX- OFFICIO PROVINCIAL SHERIFF: (SGD.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

(SGD.) RAUL L. SALCEDA Sheriff IV

BWM: Aug. 14, 21 & 28, 2017

BWM: Aug. 14, 21 & 28, 2017


BusinessWeek MINDANAO CREDIBLE

RELIABLE

Editor: GILBERT Y. CHAO

mOTORING IN-DEPTH

Monday | August 28, 2017

16

All-New Honda CR-V receives 5-Star ASEAN NCAP Safety Rating H onda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit in the Philippines, is proud to announce that the recently launched AllNew CR-V (August 8, 2017) has been awarded a 5-star safety rating by the ASEAN New Car Assessment Program for Southeast Asia (NCAP). The AllNew CR-V is the first model of Honda to be awarded by a 5-star safety rating under the new ASEAN NCAP Assessment 2017-2020 Protocol. The new assessment protocol urges carma kers to give the best safety

practices in the region and has been in effect since Januar y 1, 2017. The remarkable results show Honda’s commitment in ensuring safety for ever yone sharing the road. The A ll-New CR-V achieved 5-star safet y rating from an outstanding overa ll score of 88.8 out of 100. The new ASEAN NCAP Assessment includes a fronta l of fset impact test, side impact test, and eva luation of safet y features such as t he Honda SENSING. The A ll-New CR-V a lso received impressive scores for Adu lt Occupant Protection

(AOP), Child Occupant Protection (COP) and Safet y Assist. The A ll-New CR-V SX Diesel 9AT AWD comes w it h Honda’s advanced driv ing assist system ca lled Honda SENSING. The advanced technologica l feature consists of a millimeter-wave radar and monocu lar camera mounted on t he upper, inside par t of t he w indshield which prov ides greater awareness of driv ing conditions around t he vehicle. It a lso prov ides warnings to t he driver and suppor ts t he driver in avoiding or mitigating t he severit y of a collision. The SX Diesel 9AT AWD, S Diesel 9AT, and 2.0 S CVT variants are a lso equipped w it h Honda LaneWatch, a unique system t hat displays an additiona l 80 degree v iew of t he right side of t he vehicle from t he side mirror v iew using a camera built into t he passenger-side mirror. Bot h technologies

received awards from t he “Safet y Technolog y” car ma ker categor y at t he ASEAN NCAP Grand Pri x Awards in 2016 and 2014 respectively. The A ll-New CR-V of fers a f u ll range of active and passive safet y features, a long w it h t he standard body structure featuring Advanced Compatibilit y Engineering (ACE) and G-Force Control (G-CON) technolog y, Dua l SRS Airbags, i-Side Airbags, Side Cur tain Airbags, Vehicle Stabilit y Assist (VSA), Hill Star t Assist (HSA), Emergency Stop Signa l (ESS), and a Mu lti-angle Rear v iew Camera. A ll of t hese

Honda model lineup with ASEAN NCAP results:

*Variants without VSA (Vehicle Stability Assist) and SBR (Seatbelt Reminder) for both front occupants are rated 4-stars. **For the Civic (MY2016) and HR-V (MY2015) rating, variants without SBR (Seatbelt Reminder) for both front occupants are rated 4-stars.

features f ur t her ensure t he safet y of a ll passengers of t he A llNew CR-V. Wit h Honda’s globa l

slogan “Safet y for Ever yone”, Honda w ill continue to prov ide reliable vehicles for a safer societ y.

Yamaha unveils the all-new Sight Yamaha-Motor Philippines (YMPH) recently launched their latest offering in the entr y-

level commuter underbone segment during the 2017 YMPH dealer convention

at Conrad Hotel in Pasay City. The all-new Sight is powered by a 114 cc air-cooled,

single-cylinder engine which produces 6.4 kw @ 7000 rpm and 9.5 nm @ 5500 rpm.

Equipped with fuelinjection system, Yamaha claims that the Sight can run up to 103.6 kilometers on a liter of fuel. The Sight also boasts of a 9-liter underseat storage and front disk brakes on both spoke wheel and cast wheel variants. Like most underbones, the Sight has a

4-speed autoclutch transmission, making it easy to ride for novice and expert alike. This Euro 3 compliant commuter is offered in two price points: P 59,900 (spoke), P 62,900 (cast) and it will be available in nationwide dealerships beginning September 2017.


Turn static files into dynamic content formats.

Create a flipbook