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Volume V, No. 25
Market Indicators
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Briefly Local hiring PHILEX Mining Corp. subsidiary Silangan Mindanao Mining Corp., Inc. (SMMCI) said it plans to tap more Surigao del Norte locals for employment. T h e a n n o u n c e m e n t wa s made after the inauguration of the Provincial Community Training Center (PCTC) in Placer last week, where technical and vocational trainings will be offered to outof-school youth, as well as the unemployed and underemployed. According to SMMCI, the company will be providing skills training which will include shielded metal arc welding, automotive servicing, electrical installation and maintenance, consumer electronics servicing, driving, and garment making.
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Region-12 is M’nao’s top economy in 2013 www.businessweekmindanao.com
Monday | August 4, 2014
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By MINDANEWS
EGION 12 or Soccsksargen’s economy grew at an all-time high of 8.4 percent in 2013, taking the top spot in the entire Mindanao in terms of overall economic performance.
Push for MSMEs BUTUAN City -- Agusan del Norte Provincial Governor Ma. Angelica Rosedell M. Amante-Matba gave full support to the small, micro and medium enterprises and put more emphasis on projects and programs that will give additional income for the community. This is one of her 6-point guides in the administration of the province that she is pushing. Recently, she indorsed to the Sangguniang Panlalawigan of Agusan del Norte for appropriate action her letter dated June 18, 2014 requesting for an authority to enter into and sign the Memorandum of Agreement (MOA) in behalf of the province with the Bangko Sentral ng Pilipinas (BSP), represented by its Governor, Amando M. Tetangco, Jr., the Development Bank of the Philippines (DBP), represented by its President and Chief Executive Officer, Gil A. Buenaventura, the Land Bank of the Philippines (LBP), represented by its President and Chief Executive Officer, Gilda E. Pico and the Industrial Guarantee and Loan Fund (IGLF), represented by its Chief Executive Officer, Benel D. Lagua for the implementation of the Credit Surety Fund (CSF) Program in the province.
THE
EARLY MORNING CATCH. Fishermen in Opol, Misamis Oriental stand on their wooden boat or banca while slowly drawing the net back. mindanews photo by erwin mascarinas
Globe Telecom pushing Mindanao clients to invest more in ICT By CARMELITO Q. FRANCISCO, Correspondent
DAVAO City -- Globe Telecom Inc. called on local companies to invest in information and communications technology (ICT) solutions to help them
grow their businesses. Chepo R. Garcia, company sales head on enterprise segments for Mindanao, said the company is counting
on more investment ICT products, particularly the top local companies. “We believe we will be able to help them grow their investments with the use of globe/PAGE 7
Herlita Caraan, National Statistical Coordination B oard Region 12 head, said Thursday the region’s industry and services sectors continued to grow at a faster rate last year, pulling up the area’s Gross Regional Domestic Product (GRDP) rate by an additional 0.4 percent from 2012. She said the region’s accelerated growth was significantly higher than the country’s total output last year that reached an average of 7.2 percent. “R eg ion 12 was t he fastest-growing economy in Mindanao last year and the third in the entire country,” she said in a press conference at the Sun City Suites here. She said the region only placed second to Caraga in the entire Mindanao and fifth among the country’s 17 regions in terms of economic performance in 2012.
Region 12 covers the provinces of South Cotabato, Sultan Kudarat, Sarangani and North Cotabato and the cities of General Santos, Koronadal, Tacurong, Kidapawan and Cotabato. Caraan said the services sector remained as the top contributor to the regional economy in 2013, accounting for a share of 37.6 percent, which is slightly higher than the 37.3 percent that it posted in 2012. “Services grew faster from 8.1 percent in 2012 to 9.4 percent in 2013 as all of its sub-sectors have expanded,” she said. She noted that financial intermediation surged to 13.1 percent last year from 12.6 percent in 2012, mainly due to the improved performances of banks and other related financial institutions in the region. economy/PAGE 7
Slump in power pulls down Aboitiz earnings in 2Q ABOITIZ Equity Ventures Inc (AEV) registered a singledigit drop in earnings in the second quarter of the year, dragged down by its power and banking businesses. In a disclosure to the Philippine Stock Exchange, the holding firm of the Aboitiz
family said its consolidated profit fell 9 percent year-onyear to P4.6 billion in the April to June period. Excluding extraordinary items, AEV’s core net income declined by nearly a third year-on-year to P4.3 billion in the three-month period.
Power accounted for bulk of the earnings at 76 percent. The share of banking was at 16 percent, while food and property contributed 7 percent and 1 percent, respectively. In the first half, AEV’s aboitiz/PAGE 7
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Kalan-onon Festival in Talisayan seen to boost local economy, tourism By JASPER MARIE OBLINA-RUCAT, Contributor
A BIG boost to its local e c onomy i nclu d i ng it s
tourism is believed to be the impact of the Kalan-onon
Festival of Talisayan town in Misamis Oriental held from July 7 to July 14, this year. Various food and native delicacies which were locally made were displayed by representative from each of the 18 barangays in their creatively crafted booths in the open field in the heart of the municipality during the week long fiesta celebration of their patron saint Our Lady of Mt. Carmel. Among the delicacies featured were Ensaymada de Buko (pastry with coconut inside), Nilupak (made of mashed kamoteng kahoy (yucca root or cassava), or kamote (sweet potato) or banana saba with sugar or milk to taste, cassava cake (made with grated cassava with sugar, eggs and coconut milk), puto cheese (steamed
Filipino mini rice cake made out of rice flour) saging minatamis (Banana Plantain in Syrup), puto kutsinta (made from rice flour), biko (sticky rice cake) tupig (made from rice flour and coconut strips then grilled in hot charcoal), camote cake (Sweet Potato cake) kipping (made with cassava flour, crunchy, thin crisp with coconut spread), squash maja (pudding made with squash) suman latik (glutinous rice with thick syrupy caramelized coconut cream used as a dessert condiment), and buko pie (pie with coconut filling). Robert Maestre, representative of the province of Misamis Oriental, one of the judges during the event said that he could see some delicacies that could go further and really represent
Talisayan in the food industry. He said that his bet was the Ensaymada de Buko because it was the first Ensaymada he tasted with a twist of carmelized buko filling. He
said it was well cooked and in terms of presentation, it could compete with other delicacies in the region and even nationwide. boost/PAGE 6
Maramag pushes ban on non-fortified food, beverages in schools MARAMAG, Bukidnon -Policy-makers of Maramag local government unit (LGU) has crafted an ordinance that would help address the country’s problem on malnutrition. This, after the Department of E du c at i on ( D e p E d ) sounded the call of National Nutrition Council (NNC) to
discourage elementary pupils and high school students from buying non-fortified food and beverages sold in school premises. Krisynthia Raquel Cabinta-Pader, chairman of the Committee on Health and Sanitation in Maramag’s “Sangguniang ban/PAGE 6
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A Two-Way Conversation
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hink a minute…Do you sometimes wonder why you didn’t get what you prayed for? Does God really listen and answer our prayers? Is talking with God just something we do to make us feel good about ourselves? How should we pray? Some people sit back after they pray and wait for God to bring them what they want like a waiter in a restaurant? A wise man said: “We are a part of the answer to every prayer that we pray.” So if we ask God to help us do better in school, then we must do our part of studying more and maybe even getting extra help from someone. We can’t expect God to magically put the answers into our brain the day of the test! It could be that while we’re waiting for God to do something, He’s waiting for us to do our part and responsibility. Prayer is a two-way conversation. Prayer is not us getting God to do what we want; it’s more God telling us what He wants so we can learn how to live His successful, satisfying life. And He’s already told us how to live well through Jesus Christ’s life and teaching, the whole Bible, as well as through our thoughts while we’re listening to Him in prayer.
THINK
A Minute
By Jhan Tiafau Hurst
Imagine if God always gave us everything we ask for. Then we would just give Him our orders, forget Him, and go on living our own way. But God created each of us to enjoy a daily, personal relationship with Him. Maybe He’s not giving us exactly what we’re asking for to get our attention, so we’ll start getting closer to Him so we can listen and learn His right, happy way of living. You see, prayer does not only change things, prayer changes US! Other times God wants us to wait, even when we ask Him for good things, because He knows our real reasons and motives are wrong and greedy. Or, if we’re asking God to change someone else instead of changing us, then that hurst/PAGE 7
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Allan Mediante
About Time BSP Charter is Amended
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ast July 3, the Bangko S ent ra l ng Pi lipinas observed its 21st anniversary. When the architects of our legislature enacted R.A. 7653, which was signed into law by then President Fidel V. Ramos, they envisioned “an independent central monetar y authority” that would “discharge its mandated responsibilities concerning money, banking and credit”. R.A. 7653, defined the primary objective of the Bangko Sentral as follows: “to maintain price stability conducive to a balanced and sustainable growth of the economy.” BSP was also tasked to“promote and maintain monetary stability and the convertibility of the peso. ” O ver the years, BSP has performed its legal responsibilities well above expectations. The awards conferred on Governor Amando M. Tetangco, Jr. (and even his predecessors Gabriel Singson and Rafael Buenaventura) and t he BSP as an institution are a testament to how well the BSP has discharged its mandate. But 21 years later, the financial landscape has s i g n i f i c a nt l y c h a n g e d . Even our legislative leaders acknowledge that “…the economic milieu in the Philippines has changed, globalization has increased the integration of financial
markets and the scope of op erations of f inancial institution has evolved.” With these in mind, b oth Sp eaker Feliciano Belmonte Jr. and Senate President Franklin Drilon have introduced proposed separate amendments to the BSP charter. It is additionally re-assuring that President Aquino has included the amendment of the BSP charter as one of the priority bills during the second regular session of the 16th Congress. In a nutshell, the proposed amendments seek to: 1. Strengthen BSPs monetary stability function 2. Strengthen BSPs financial stability function, and 3. Strengthen BSPs corporate and financial viability. Space limitations do not allow me to tackle all of these proposed amendments in this article. So let me just focus on what I think should be the top priority. Fo r e m o s t w o u l d b e the proposed additional capitalization of the BSP of P150 billion, payable in three years. Under the 1993 charter, the BSP capitalization was supposed to be P50 billion. Unfortunately, the BSP had to subsist for a very long time on the initial tranche of P10 billion released in 1993. It is to the credit of President Aquino that the short-fall of P40 billion was
finally fully paid. (I guess with a little prodding from Finance Secretary Cesar Purisima who sits in the Monetary Board as national government representative. ) The balance was paid up in four tranches as follows: P10 billion in 2011, P20 billion in 2012 and P10 billion in 2014. Hopefully, under the proposed amendment, the additional capitalization would be automatically appropriated yearly. Just last Thursday, the Monetary Board announced a 25 basis points increase in its policy interest rate. One need not be a financial wizard to estimate how much that would translate into in terms of interest expense of the BSP. And yet, the BSP, unlike a commercial bank, has to absorb huge interest expenses while it performs its mandate of stabilizing prices. Another important amendment is one that gives flexibility to the BSP to establish adequate loss allowances and create reserve buffers against future risks and contingencies. Also, it is important to put the BSP on equal footing with most international central banks by restoring tax exemptions which the old Central Bank previously enjoyed. While they are at it, p erhaps our legislators
SPEAKING
O ut
By Ignacio Bunye
should also consider a provision that will enable the BSP to develop regulations for the extension of financial facilities to Islamic banks. While there is a law which created the Amanah bank, the said law (and even subsequent laws such as the General Banking Law) did not provide the legal framework for the existence of other Islamic banks. According to Atty. Arifa Ala of the BSP, Islamic banking in the Philippines has a large market to serve. The Philippine has a sizeable Muslim population, most of whom live in unbanked areas. Wi t h p e a c e i n t h e horizon after the signing of the ground-breaking agreement between the national government and the Bangsamoro, Islamic banking could have renewed bright prospects. For feedback, you may email us at totingbunye2000@ gmail.com.
The Elusiveness of True “Good Governance”
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IFE’S INSPIRATIONS: “…`Can we find anyone like this man, in whom the Spirit of God dwells?’…” (Genesis 41:38, the Holy Bible). -ooo FILIPINOS’ CONCERN FOR TRUE “GO OD GOVERNANCE”: Pat Sosa Sigue, ne ws editor par excellence both here and abroad, raised a serious concern in a Facebook post Sunday, 03 August 2014, regarding the system or kind of government that the Bible requires for a truly “righteous governance”. This is fast becoming the concern of many thinking Filipinos who are now fed up with too much corruption even among leaders who mouth slogans like “righteous governance”. Here was Pat’s post, translated from Filipino to English: “A blessed Sunday morning to everyone. What a beautiful and hard-hitting sermon it was from (a) Fr. Gomez in a Healing Eucharist TV mass this morning about an `integral leader’. Of course,
there are still a lot of things that needed explaining about man’s attitudes. “This made me remember a question that had been uppermost in my mind--what kind or system of government does the Bible require which all peoples must obey? It is clear that there is something wrong (in the system that we have now) such that we continue to be divided, impoverished, and incapable of succeeding. I hope someone who studies the Bible can explain this. Amen!” -ooo TRUE “GOOD GOVERNANCE” IS BIBLE-BASED, NOT JUST SLOGANEERING: From where I sit, it is not really the kind of government that is important. Among people who read the Bible conscientiously, such as the members of the Anak ng Diyos Kadugo Ni Kristo (Children of God Blood Kin of the Christ) Church, it is clear that what the Bible requires for real good governance is
the kind of leaders that run the government. In this column, we have been citing three Biblical passages to support this view, and these passages all indubitably indicate that good governance can come only from leaders who truly have the Spirit of God in them. If leaders of government truly (and not falsely) have the Spirit of God in them, then they would be true to their oath of office, shying away from graft and corruption and any abuse of power. Leaders of government who do not truly have the Spirit of God in them are those who merely mouth slogans of “good governance”, pretending to listen to, and obey, the Word of God, yet without compunction or remorse do something else, either by themselves, by their relatives, or by their political allies. Sounds familiar? I am sure we all know what---or who---I am referring to. -ooo LEADERS MUST HAVE THE SPIRIT OF GOD IN
K akampi
Mo A ng Batas
By Atty. Batas Mauricio
THEM: How can we be sure then that leaders of government have the Spirit of God in them? This is easy to do. Let us check, first and foremost, the spiritual background of someone running for government office, especially the highest offices in the land. Do they come from a family who find time to read the Bible, meditate on its verses day and night and obey God’s commands, even when no one is looking? And I am not referring to any religious affiliation batas/PAGE 6
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Islamic bank eyes new life after years of struggle A PEACE plan, a lifting of foreign ownership limits and the drafting of new Islamic banking rules in the Philippines could help breathe new life into one of the world’s oldest Islamic finance institutions. Since 1974, Ma kat ibased Al Amanah Islamic Investment Bank has been the only lender in the country offering financial products that obey religious principles such as a ban on interest and gambling. But while Islamic banks around the globe enjoy rapid growth rates and bumper profits, Al Amanah has failed to post a profit for years, and was ultimately forced to offer conventional banking products just to keep afloat. The case of Al Amanah highlights the challenges that Muslim minorities face in accessing interest-free banking services outside of Islamic banking’s core centers in the Middle East and Southeast Asia. Lacking scale and Islamic banking expertise have meant Al Amanah has struggled despite a five-year rehabilitation plan started in 2009 by its parent, the Development Bank of the Philippines (DBP). In 2012, Al Amanah posted a loss of 30.6 million pesos ($706,400), although it was an improvement from 2008 when it posted a loss of 124.3 million pesos. This could change as a landmark peace deal between the Philippine government and Muslim rebels helps revive the country’s south, after a 40-year conflict that displaced two million and stunted economic growth. The agreement, brokered by the Malaysian government, will give the Muslim-majority region known as Mindanao wider powers to control their
economy and culture. In line with the agreement, the central bank is preparing dedicated Islamic banking rules. Earlier this month, the government allowed foreign banks to take full control of local lenders, replacing a cap of 60% on foreign ownership. All these factors are rekindling interest from potential buyers for Al Amanah, said Francis Nicolas Chua, officer in charge of investment banking at DBP. “Since last year, we have received a number of proposals from across Asia, Middle East and Europe, to partner or inquire on a sale.” These have come from both full-fledged Islamic banks and universal banks with Islamic units, said Mr. Chua, who did not identify the parties. “As far as Al Amanah, the government is currently in review of the whole process. The Government wants to ensure the framework is in place before privatizing.” M r. C hu a s a i d a ny potential buyer would have to make a public bid for Al Amanah, as DBP’s policy is to go through an open bid process for any sale. Al Amanah has courted
buyers for years not just to inject capital but also to introduce new products and reverse the use of interestbearing products in the bank’s portfolio. Islamic scholars allow such a practice under the concept of darura, or extreme necessity. S o far, howe ver, no Islamic banks have made their intentions public. Last week, local media reported that Malaysia’s CIMB Group Holdings, parent of CIMB Islamic Bank, was planning to take a stake, but when approached by Reuters a spokesperson at CIMB denied the bank was pursuing such an acquisition. A source at Al Amanah said a Malaysian group did make a bid in 2006 but this was conditional on the government developing a regulatory framework for Islamic banking within a two-year time frame. “That didn’t happen so they backed away from the bid,” said the source who declined to be identified as the matter is not public, although the new developments could encourage new interest. “Maybe the right people haven’t come in yet.” -Reuters
BSP inflation forecast for June: 4.1-4.9% INFLATION was likely steady at the start of the second half of the year, with costlier rice and electricity offset by lower prices of other farm and fuel products, the Bangko Sentral ng Pilipinas (BSP) said yesterday. BSP Governor Amando M. Tetangco said the central bank forecast inflation settling between 4.1 and 4.9 percent in July. This month’s inflation numbers will be released next week. The forecast range is
above the mid-point of the BSP’s full-year target range of 3-5 percent. Last month, price increases averaged 4.4 percent, slowing down from May’s 4.5 percent “ T h e B SP’s fore c a st incorporates the potential impact of higher prices of rice and electricity. At the same time, the reported decline in the prices of some agricultural products and reduction in petrol prices could somewhat partly offset the upside bsp/PAGE 6
DISCUSSING DRUG PROBLEMS - VICE GOVERNOR JOEY G. PELAEZ talks with Philippine Drug Enforcement Agency (PDEA) Regional Director Emerson Margate during the Provincial Peace and Order Council (PPOC) Metting last 22 July 2014 at the Harbor Lights Hotel, Gusa, Cagayan de Oro City. Vice Governor Pelaez, Chair of the SP Committee on Peace and Order, is very keen in solving the drug problems in Misamis Oriental, more specifically in Gingoog City as the killings with impunity there is linked to drug trafficking. As Chair also of the SP Committee on Education, he worries about young students involved in drug abuse. sp communications
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FIBECO Institutional Updates COOPERATIVE PROFILE
Date of Registration - May 13, 1972 Coverage Area District I - District II - District III - District IV - District V - District VI - District VII - District VIII -
Valencia City, Bukidnon Maramag, Bukidnon Pangantucan, Bukidnon Kalilangan, Bukidnon Wao, Lanao del Sur Don Carlos, Bukidnon Quezon, Bukidnon Kitaotao, Bukidnon Dangcagan, Bukidnon Kibawe, Bukidnon Kadingilan, Bukidnon Damulog, Bukidnon San Fernando, Bukidnon
Sub-offices and Collection Centers Main Headquarter - Anahawon, Maramag, Bukidnon Telephone No. - (088) 828-2139 or (088) 828-1510 email address - fibeco_inc_maramag@yahoo. com.ph website - www.fibeco.ph
Contact Number of Consumer Welfare Attendants where you can text or call your requests, complaints and suggestions Valencia Sub-office Hagkol Collection Center San Fernando Collection Center 0917-532-2937 Maramag Sub-office Pangantucan Collection Center 0917-532-3656 Kalilangan Sub-office Wao Collection Center 0917-532-8294 Don Carlos Sub-office Kitaotao Collection Center 0917-532-3004 Quezon Sub-office 0917-532-2801 Kibawe Sub-office Dangcagan Collection Center Kadingilan Collection Center 0917-532-3051
MEMBER-CONSUMERS EMPOWERMENT PROGRAM Multi-Sectoral Advisory Electrification Council (MSEAC). As the market environment of the energy industry evolves to become highly competitive, Sec. 76 of the EPIRA requires that all endusers are educated and protected, including the member-consumers. The member-consumers of the ECs have to be constantly informed on government policies, market updates, EC programs and policies, financial developments and technical requirements for them to have indepth understanding of the over-all operations of the ECs and how each one of them contributes to the program. The Multi-Sectoral Electrification Advisory Council (MSEAC) is created, therefore, to serve as effective complement in the institutional strengthening of the ECs by providing avenue for active participation and solidarity of memberconsumers. The MSEAC representative shall assist in conducting interactive gatherings with member-consumers to evoke positive action on various programs of ECs. Table 5 in page 12 shows the active sectoral representatives composing the MSEAC of thirteen (13) municipalities. FIBECO Barangay Member-Consumers Electrification Committees (FBMCECs). In response to the growing demand of educating and downloading first-hand information to the member-consumers, FIBECO tapped the expertise of some community organizers of the Bukidnon Electric Consumers (BECO), Foundation to undertake barangay assemblies and formation of the FBMCECs. The partnership of FIBECO and BECO have enabled massive information/education campaign to the compressed and far-flung barangays within its franchise area. As of December 2013, we have organized ninety one (91) FBMCECs. Each committee is composed of 11 sectoral representatives. It is hoped that these committees will help the cooperative in educating its memberconsumers and help strengthen and protect the common interest of the cooperative. To date, FIBECO, through BECO Foundation continues to intensify its information/education campaign. FIBECO-Accredited Electricians. The cooperative continues to professionalize its accredited
electricians. Although they are not regular employees of FIBECO and are not directly under the control of the FIBECO management, the cooperative continue to help improve their skills and services through series of upgrading seminars and trainings in partnership with TESDA and other accredited training providers. Their accreditation is subject for renewal every year which depends on the status and their compliance with the mandatory requirements. Complaints from the member-consumers against any of the accredited electricians are also one of the determinants in their accreditation and renewal. In this annual report, the roster of accredited electricians for CY 2013 to CY 2014 is enclosed for everyone’s information in Table 6, page 13 and 14. Any of these electricians may be contracted for housewiring installation by our member-consumers. Their completed work are subject to inspection by our FIBECO housewiring inspectors to check compliance with the Philippine Electrical Code. Barangay Power Associations (BAPA). In the implementation of Barangay Line Enhancement Program (BLEP), 12 additional BAPAs were organized in addition to the 33 existing BAPA, having a total of 45 operational BAPAs which extend FIBECO’s services in terms of technical, financial and institutional to their respective barangays. Specifically, the objectives of BAPA is to assist FIBECO in the following: (1.) Establishment of a strong institutional consciousness of the members; (2.) Reduction of Systems Loss; and (3.) Improvement of Collection Efficiency. The member-consumers under BAPA voluntarily organized themselves into an institution for purposes of strengthening members’ awareness and involvement in the effort of the cooperative towards the goal for viable and effecient rural electric cooperative by having empowered and well-informed members. Each BAPA, a non-partisan and non-sectarian organization, is composed of a Committee Chairman, a Vice-Chairman for Finance, a VIce-Chairman for Membership Education, a Vice-Chairman for Operation, and an Auditor. To ensure the efficiency of BAPA, the Institutional Services Department (ISD) of FIBECO provides them with seminars and trainings.
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Boost... from page 2
With its sweet coconut filling, he said that this product go hand in hand with the province’s promotion and push for coconut by-products. With more enhancements on how it can stretch its shelf-life, he advised that the maker of the product through the local government seek assistance from the Department of Trade and Industry (DTI) or Department of Science and Technology (DOST) in the province. Meanwhile, Judy M. Aclan of DTI Misamis Oriental, a judge during the event agreed with Maestre. She said she loves the product
and could compete with current delicacies more so when provided with assistance such as packaging and longer shelf-life. O n t h e ot h e r h and, Phi lippine Infor mat ion Agenc y (PIA) Regional Director Thelma Oliver, as one of the judges in the competition shared that the agency can help in the promotion of the product and their event. With the social media being a big factor in the information dissemination, PIA can help spread the word. Town mayor Rommel Maslog expressed his gratitude to the judges for taking time to come to their town and shed some light in the possible ventures they could get into.
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA - JUDICIAL SALE EJF No. 180-07-2014 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1st VALLEY BANK, A DEVELOPMENT BANK, Baroy, Lanao del Norte against FERNANDO LIMOT, Quezon Ave,Poblacion,Tubod ,Lanao del Norte , to satisfy the indebtedness which CAGAYAN DE ORO MAIN BRANCH as of June 9, 2014 amounting to ONE HUNDRED FORTY THOUSAND P & J Lim Bldg., Tiano Brothers PESOS ( Php 140,000.00) excluding penalties,changes,attorney’s fee Kalambagohan Sts., Tel. #or (08822) 727-829 * and expenses of foreclosure, the undersigned his duly authorized Telefax # (088) 856-1947 deputy will sell at Public Auction on 11th day of September 2014 CAMIGUIN at 10:00 AM or soon thereafter at the B.Regional TrialBRANCH Court, Branch Aranas St., Poblacion, Mambajao, 07,Poblacion,Tubod,Lanao del Norte, to the highest bidder for cash or Camiguin Tel. # (088) 387-0491 manager’s clerk and in Philippine Currency, the following property with CORRALES BRANCH Corrales Ave., Cagayan de Oro City all its improvements, to wit: DIVISORIA BRANCH
Atty.PROPERTIES Erasmo B. Damasing Bldg., #61 Don A. LIST OF MORTGAGED Velez St., Cagayan de Oro City A parcel of land a Residential Lot situatedTel. at Poblacion,Tubod,Lanao # (088) 857-3631 del Norte, Containing an area of FORTY NINE (49) square meters., more LAPASAN BRANCH Lapasan Hi-way, Oro City or less. Including all the improvement found there onCagayan more de particularly Tel. # (088) 231-6739 described and bounded as. CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
Lot 2, Pcs-12-001093 Bounded on the NE., AL 1-2 by Lot B-1-C,Psd 12-014809; on the SE; AI 2-3 by Lot 1; on the SW. A-L 3-4 by a road; on the NW. AL 4-5-1 by Lot B-1-A,PSD-12-014809.Covered by Transfer of Certificate of Title No. T-20,191 in the name of FERNANDO LIMOT “All sealed bids must be submitted to the undersigned on the above stated time and date. Tubod, Lanao del Norte,Philippines, this July 7, 2014.
intends to help reduce the problems on malnutrition among elementary pupils in town. “Once enacted, Ordinance No. 2 0 1 4 - 7 1 p ro h i b i t s sale of non-fortified food products and beverages within 100-meter radius from public and private elementary and secondary school boundaries in town and prescribing penalties thereof,” she said. Citing the Municipal Nutrition Council’s data in Maramag, she said 232 were malnourished and 63 were severely malnourished. Hence, this justifies the need for an immediate implementation of said ordinance, she added. Meanwhile, Dr. Elizabeth B. Postrano, School Principal of Maramag Central Elementar y School, said they will strongly support from page 2 speedy implementation of Bayan (legislative body)” who the ordinance, which is in proposed the law, said this line with this year’s Nutrition
He said that one of their main efforts now is to promote tourism in their municipality. With neighboring towns having their trademark product, Talisayan hopes that through this activity, they could create or improve something that could benefit the town in the future and get more tourists in the area. The town’s week long fiesta included activities such as novena, mass, fun run, Search for Miss Talisayan, Gay basketball exhibition, inter school swimming contest, inter-barangay Palarong Pinoy, Jetski Exhibition, Baroto (boat) racing contest and Sayawan og Kantahan sa Gym (singing and dancing in the gym).
Ban...
CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947
DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631
CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491
LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739
CORRALES BRANCH Corrales Ave., Cagayan de Oro City
CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011
BWM: July 23,30 & Aug. 4, 2014
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2014-005 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City, INC., against Sotero Manlangit and Elaine R. Manlangit to satisfy the mortgage indebtedness which as of July 11, 2014 amounts to Two Hundred One Thousand Three Hundred Thirty Three Pesos and 33/100 Only (Php 201,333.33) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on September 17, 2014 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court,Br.16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage properties to wit: TAX DECLARATION NO. 28900 Presently Covered by TD. No. 88127 “A parcel of land (residential) and all improvements thereon; situated in the barrio of Barangay V, City of Tangub. Bounded on the North by 001; on the South by 014; on the East by 015 and on the West by 019. Containing an area of TWO HUNDRED ELEVEN (211) SQUARE METERS more or less. Assessed at P 3,100.00 as per Tax Declaration No. 28900.” TAX DECLARATION NO.21147 Presently Covered by TD No. 88126 “A parcel of land and all improvements thereon; situated in the barrio of Barangay V, City of Tangub. Bounded on the North by 013 , on the the East by 015; and on the South by 018; and on the West by 019.. Containing and area of ONE HUNDRED (100) SQUARE METERS, more or less. Assessed at P980.00 per TAX DECLARATION No. 21147.” All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on September 22, 2014 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein properties if any there be. July 17, 2014, at Tangub City, Philippines.
FOR THE EX-OFFICIO SHERIFF:
BY: (Sgd.) WILLIAM C. ARANIEGO Sheriff IV BWM: July 28, Aug. 4 & 11, 2014
Batas... from page 4
here. What I am referring to is an individual commitment to the Bible as the Word of God, using it not only to impress others, but as a yardstick, a guidepost, or even a measure or standard by which he thinks, speaks, and acts, even in private. A man like this is certain to push the agenda of God in his governance. This man who lives by the Bible is expected to govern well. For he would be very much aware that it is not the people he would really be serving but God. This man would know deep in his heart that, one day, God will make him stand in judgment, and would either give him eternal bliss in heaven, or an eternal journey with fire and worms, depending on whether he obeyed His commands in the Bible or not. -ooo REMINDERS: Please tune in: “Tambalang Batas at Somintac”, at 1062 kHz on the AM band, Mondays to Fridays, at 6 a.m., simulcast, real time, over 1080 kHz in Dagupan City, 711 kHz in Naga City, 1260 kHz in Lucena City, 1224 kHz in Davao City, and worldwide, at www.eaglenews.ph; “Kakampi Mo Ang Batas”, at 103.7 mHz
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE FILE NO. 2014-150
For the Clerk of Court and Ex-Officio Sheriff (Sgd.) CONRADO V. HINGCO, JR. Sheriff IV
Month theme “Kalamidad p ag hand a an : Gutom at malnutrisyon agapan!” (Elgie I. Aninayon)
Upon extra-judicial petition for sale under Act No. 3135 filed by PLANTERS DEVELOPMENT BANK, mortgagee, with office at 314 Sen. Gil Puyat Ave., Makati City, against SPS. SAMUEL P. RESPONSO and MARY CHIRALI C. RESPONSO,mortgagors,residing at 75 Aquarius St., Villa Ernesto,Cugman,Cagayan de Oro City,to satisfy the mortgage indebtedness which as of January 20,2014,amounts to TWENTY FOUR MILLION NINE HUNDRED ONE THOUSAND TWO HUNDRED FIFTEEN PESOS & 37/100 (P24,901,215.37), excluding penalties,charges,attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on August 20,2014 at 10:00 A.M. or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Branch 17,Hall of Justice, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-45971 “A PARCEL OF LAND, Lot No.2895,Pls.923(Lot 1,Ccs-10-000570-D) situated in the Barrio of Katipunan, Municipality of Villanueva, Province of Misamis Oriental, Island of Mindanao. Bounded on the North., along line 1-2 by Lot 2896 (Lot 2,Ccs-10-000570-D); x x x . . . . Containing an area of Two Thousand Four Hundred (2,400) square meters, more or less.” TRANSFER CERTIFICATE OF TITLE NO.T-111320 “A PARCEL OF LAND (Lot 2629-B-2-B, Psd-10-001107,being a portion of Lot 2659-B-2,Psd-10-000660), situated in the Barrio of Cugman, City of Cagayan de Oro, Island of Mindanao. Bounded on the N., along line 1-2 by Lot 2629-B-1,Psd-10-000660 ( Republic of the Philippines); x x x x. . . . Containing an area of One Thousand Seventeen (1,017)square meters, more or less.” All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the public auction will proceed on the next working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be. Cagayan de Oro City, July 3, 2014. (Sgd.) FE O.BONTUYAN-BULARON Sheriff IV BWM: July 21, 28 & Aug. 4, 2014
in Don Carlos, Bukidnon, Mondays to Fridays, at 7 a.m.; and “Kakampi Mo Ang Batas” at 801 kHz on the AM band (Panay Island), Mondays to Fridays, at 10 a.m.
BSP...
from page 5
pressures,” Tetangco told reporters. Despite staying above the mid-point of its fullyear target, the BSP still expects inflation to remain within target for this year and in 2015, according to the Monetary Board’s assessment as of its June 19 meeting. The BSP had forecast fullyear inflation averaging 4.4 percent for 2014, before easing to 3.7 percent in 2015. The central bank’s target range for next year is 2-4 percent. “The BSP will continue to closely monitor price trends and their implications for future inflation. The BSP stands ready to implement policies to keep inflation expectations well-anchored and protect the government’s inflation targets,” Tetangco said. For three consecutive meetings, the BSP has been tightening its monetar y levers by increasing banks’ reserve requirement ratio by a combined 100 basis points in March and May, and by hiking the special deposit account (SDA) rates by 25 basis points in June. The BSP however has kept is policy rates at record lows -- 3.5 percent for the overnight borrowing and 5.5 percent for the overnight lending windows -- since October 2012. DEED OF EXTRA JUDICIAL SETTLEMENT OF ESTATE WITH CONFIRMATION OF SALE Notice is hereby given that the intestate estate of the Late IRENE E. VDA DE LUANSING, who died on June 19,2005 in Bagacay Ozamiz City,died leaving without a WILL and neither did she have any outstanding obligation/debt to any person. Left a “PARCEL 1. Described as Lot No. 5203-F-4, Psd-10-026888 being a portion of Lot 5203-F, Psd10-008045 situated in the Barrio of Diguan, City of Ozamiz, Island of Mindanao. Containing an area of THREE HUNDRED (300) Square Meters, more or less, covered by Transfer Certificate of Title No. T-23881”,“A PARCEL 2, described as Lot No. 5203-F-5, Psd-10-026888 being a portion of Lot 5203-F, Psd10-008045 situated in the Barrio of Diguan, City of Ozamiz, Island of Mindanao. Containing an area of THREE HUNDRED (300) Square Meters, more or less, covered by Transfer Certificate of Title No. T-23882”,“PARCEL 3, described as Lot No. 5203-F-12, Psd-10-026888 being a portion of Lot 5203-F, Psd10-008045 situated in the Barrio of Diguan, City of Ozamiz, Island of Mindanao,containing an area of THREE HUNDRED (300) square meters more or less, by Transfer Certificate of Title No-T-23889” and “PARCEL 4, described as Lot No. 5203-F-13, Psd-10-026888 being a portion of Lot 5203-F, Psd10-008045 situated in the Barrio of Diguan City of Ozamiz, Island of Mindanao. Containing an area of THREE HUNDRED (300) Square Meters, more or less, covered by Transfer Certificate of Title No. T23890”,is the subject of DEED OF EXTRA JUDICIAL SETTLEMENT OF ESTATE WITH CONFIRMATION OF SALE, as per Doc.No.98; Page No. 20; Book No.II; Series of 2014,under notary public ATTY. PRISCILLA TAPANG HERNANDES. BWM: July 21, 28 & Aug. 4, 2014
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Economy... from page 1
The trading and repair of motor vehicles, motorcycles, personal and household goods recorded a faster growth of 12.2 percent last year from 9 percent in 2012 as spurred by the expansions and opening of new shopping malls and other commercial establishments in the area, she said. Caraan said the transport, storage and communication as well as other related services als o p osted signif icant growths during the period. For the industry sector, the official said its share to the total economic output also increased from 32.8 percent in 2012 to 33.8 percent last year. She said it recorded a higher growth rate of 11.6 percent in 2013 or up from the 10.3 percent in 2012. The increase mainly came from the surge in construction activities in the area, which nearly tripled in terms of growth rate from 6.4 percent in 2012 to 17.1 percent in 2013 due to expansions in both private and public construction sectors, she said. Caraan said the electricity, gas and water supply sector posted a significant growth from five percent in 2012 to 12.6 percent in 2013 due to the acquisition of the diesel-fired modular generators sets of the area’s electric cooperatives. She said manufacturing, which accounted for the bulk of the industry sector, slowed down to 10.1 percent in 2013 from 12 percent in 2012, while mining and quarry dropped to 4.4 percent last year from 12.1 percent in 2012. The slowdown in manufacturing and mining and quarr y sub-sectors were attributed to the long rotational brownouts that affected the region last year and the regulation of smallscale mining and quarry activities by some local government units. Caraan said the improved output of the industry and services sectors made up for the slight decrease in the overall output of the agriculture, hunting, fishery and forestry (AHFF), which only contributed 28.6 percent last year from 29.9 percent in 2012. She said the AHFF sector grew at a slower pace from 5.4 percent in 2012 to 3.5 percent last year due to the significant drop in the fishing sub-sector’s productivity. The official said fishing posted a growth rate of negative 0.3 percent last year from 16.8 percent in 2012 due to the imposition of the partial ban on tuna fishing in the Western Pacific Ocean from July to October last year. She said agriculture and forestry made some i m p r o v e m e nt , s l i g ht l y expanding from 3.2 percent in 2012 to 4.3 percent in 2013. “The industry sector was the top contributor to the regional economic growth
in 2013 with 3.8 percentage points followed by the service sector that chipped in 3.5 percent and AHFF with 1.1 percent,” Caraan added. (MindaNews)
Globe... from page 1
our (business) solutions,” Ms. Garcia said at he sidelines of the First Mindanao Business Solutions gathering that the company organized here Thursday. The Ayala-controlled company said some local businesses used to consider such investments to be cost centers but this mindset is changing. “They know that they have to adopt the technology to be able to either compete or grow,” she added. Meanwhile, Gil B. Genio, Globe chief operating officer for the business segment, said businesses “need to take advantage of these solutions” to reach their market and have a presence in cyberspace. Mr. Genio said investing in cloud and analytics are necessary for a growing business, particularly as they participate in the global economy. Mr. Genio told the 300 participants representing 186 companies that “the growing maturity of the business landscape in Mindanao needs a reliable technology partner that can respond rapidly to their changing needs and connect them to other major cities in and out of the country.”
Aboitiz... from page 1
consolidated net income shed a fifth year-on-year to P9.5 billion. Adjusted for one-offs, its core net income dropped 26 percent to P8.7 billion. The income contribution of
Aboitiz Power Corp went down by 7 percent to P6.8 billion in the first semester from P7.3 billion in the same period last year due to the implementation of the Geothermal Resource Sales Contract for the Tiwi-Makban plants and weaker ancillary performance of the Magat plant. In a separate disclosure, AboitizPower said said its net income went down by 6 percent to P9.5 billion in the first six months from P8.9 billion in the same period last year. Its power plants recorded a 6 percent income decline to P7.6 billion from P8.1 billion over the same period. AboitizPower blamed this on the renegotiated steam contract it signed with Philippine Geothermal Production Co Inc for the fuel supply of the 400-megawatt (MW) TiwiMakban geothermal power plants in Albay, Laguna and Batangas. Also pulling down income were weaker ancillary or back up power sales of the 360-MW Magat hydroelectric power plant in Isabela and Ifugao. The company’s power distribution business registered an 11 percent decrease in income contribution from P1.6 billion to P1.4 billion despite a 6 percent increase in electricity sales from 1,997 gigawatt-hours to 2,122 gigawatt-hours. “The unfavorable variance was brought about by the higher direct costs registered due to the lag in recovery of (Visayas Electric Co Inc’s) cost of purchased power and the additional costs incurred by (Davao Light and Power Co Inc) due to the running of their embedded plants to cover the energy shortfall in the Mindanao grid,” AboitizPower said, referring to the two largest company-owned power distributors in Cebu and Davao. Lower trading gains Significantly lower trading gains pulled down the earnings share of Union Bank of the
Philippines by 46 percent to P1.5 billion in the January to June period from P2.80 billion a year ago. Pilmico Foods Corp registered a 3 percent yearon-year increase in profit contribution to P647.80 million in the six-month period from P630.70 million in 2013 as the strength of the farms and flour division offset the weakness in the feeds segment, which was weighed down by higher input costs and the expiration of the income tax holiday of the Iligan feed mill. Aboitiz Land Inc’s consolidated net income contribution surged 63 percent to P181.30 million in the first half from P111.10 million in the same period last year on higher sales and the consolidation of recently acquired industrial estate operator Lima Land Inc. For this year, AEV is earmarking P88 billion for its capital expenditures, higher than the budgeted capex of P59 billion in 2013. – InterAksyon
SPS. GERONIMO N. MANTUHAC AND JOAN Y MANTUHAC, Petitioners. X--------------------------------------------/ ORDER The verified petition seeks the adoption by petitioners of Francis Jay Anthony Ybasco, prays for the change of his name from Francis Jay Anthony Ybasco to Francis Jay Anthony Ybasco Mantuhac should the instant petition be granted and alleges that petitioners, husband and wife, respectively, residents of Migcanaway, Tangub City, who are in possession of full civil capacity and legal rights, of good moral character, have never been accused or convicted of any crime involving moral turpitude, are emotionally and psychologically capable of rearing children and are not disqualified by law to adopt, desire to adopt as their own child Francis Jay Anthony Ybasco, 21 years old as evidenced by his Certificate of Live Birth (Annex “B”), who has been living with petitioners since his minority, who is 16 years younger than petitioners and who is not disqualified by law to be adopted. NOW, THEREFORE, finding said petition to be sufficient in form and substance , let this petition be set for hearing on November 19, 2014 at 8:30 o’clock in the morning at the Session Hall of this Court, at which date, time and place, any interested person may appear and show cause why the instant petition should not be granted. Let this Order be published, for three (3) consecutive weeks at the expense of petitioners, in the BusinessWeek Mindanao, a newspaper of general circulation in the province where this Court is situated. Further, the Chief of the local Social Welfare and Development Office of Tangub City is hereby directed to conduct a child and home study on petitioners and counseling session with petitioners on the matter of the adoption of adoptee and to submit her reports thereon before the date of hearing. Let copies of this Order be furnished the Office of the Solicitor General , the City Prosecution of this city, the Department of Social Welfare and Development, the biological parent of the adoptee and the petitioners. SO ORDERED. Tangub City, Philippines, June 5, 2014. (Sgd.) SYLVIA A. SINGIDAS-MACHACON Judge BWM: July 28, Aug. 4 & 11, 2014
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Hurst... from page 4
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Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 16 - TANGUB CITY IN THE MATTER OF ADOPTION SP. PROC.NO.TC-2014-002 AND CHANGE OF NAME OF FRANCIS JAY ANTHONY YBASCO TO FRANCIS JAY ANTHONY YBASCO MANTUHAC,
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MONDAY|August 4, 2014
THE
FOUR-WAY TEST
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?
Section Editor: Shaun Uy
B1
Italpinas receives Most Outstanding in Alternative Energy award
C
e n t r i o ’s a c t i v i t y center was jampacked with wellregarded entrepreneurs and business tycoons as Business Week Mindanao, together with its sister publications, awarded fifteen business individuals and organizations at the 2014 Mindanao Business Leaders Awards last July 26 with the theme “Celebration of the Island’s Business Successes.” For the third time in its five years of existence, Business Week Mindanao consistently gave recognition to the most deserved magnates that have massively contributed to the economic development of Mindanao. One of the fifteen awardees was Primavera Residences’ own developer, Italpinas Euroasian Design
and Eco-Development Corporation (ITPI), which received the Special Award in the Alternative Energy category. “I am very honored to receive this award on behalf of Italpinas,” said Primavera Residences VP and General Manager Cheryll Barriga, who accepted the award. “We share this award to our fellow Kagay-anons as we continue to provide them a greener place to live in,” Barriga added. Aside from Italpinas, other awardees included Sumipro Phils. Inc., which won under the Agribusiness category, 1st Valley Bank for Finance and Banking, FICCO for Cooperative Banking, Alrose Group of Companies for Food Manufacture & Primavera Residences VP and General Manager Cheryll Barriga receives the award on behalf of Italpinas Euroasian Design Marketing, A BROWN and Eco-Development Corporation (ITPI), presenting the award is Dante Sudaria - Publisher and CEO of the BWM Group of italpinas/PAGE B3 Publications.
BusinessWeek MINDANAO
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Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
monday|august 4, 2014
Arts&Culture
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XU hosts reg’l An evening of RDAPP defense for Chopin Music at MPM-RD students Text by Casandra Emata Photos by Gyllen Sanchez
X
avier University hosted the Rural Development Action Plan Program (RDAPP) public defense for the second batch of Master in Public Management – Major in Rural Development (MPMRD) students in Northern Mindanao on July 29 at AVR 3. The master’s program, offered by the Development Academy of the Philippines (DAP) and Ateneo de Manila University (AdMU) in partnership with the University of the Philippines (UP) and XU, is one of the strategic interventions under the capacity-building unit of the Convergence Initiative framework. It seeks to enhance the effective governance of rural development by three related agencies: Department of Agriculture (DA), Department of Agrarian Reform (DAR) and the
the Rodelsa Hall E
xperience the music of one of the geniuses of Department of Environment and music, Polish composer Natural Resources (DENR). Frederic Chopin (1810-1849) XU conducts two of these through a one-night only courses: Asset Reform and Natural concert of piano virtuoso and Resource Governance (AR-NRG) the pride of Cagayan de Oro, and Agricultural Resource and Rudolf Golez this coming Productivity Tools (ARPT). To apply the theories learned from August 9, 2014, 7:30pm at the Rodelsa Hall, Liceo de Cagayan the program, students are required to University’s home of the produce RDAPPs—a research paper performing arts. cum development plan—present them The all-Chopin program of to panelists, and implement them in Rudolf Golez will feature the their respective areas. great composer’s 24 Etudes, Six groups from DA, DAR, Opus 10 & Opus 25. The first and DENR Region 10 Field Units group of twelve etudes in Opus presented their RDAPPs and received 10 was composed by Chopin constructive comments to enhance while he was in his teens their development plans. Their (between 1829 and 1832) and RDAPPs are a major requirement for published a year after in France, them to graduate from the master’s Germany, and England. This program. Opus was dedicated to his good friend and also one of classical music’s greatest, Franz Liszt. The next group of twelve Études of Opus 25 were composed at various times
between 1832 and 1836, and were published in the same countries also a year after. Golez, who is currently finishing his degree in Doctor of Music at the Philippine Women’s University College of Music in Manila, is currently the Vice President for Cultural Affairs of Liceo de Cagayan University and Dean of College of Music of the same institution. He recently had a string of successful performances in Manila and Cebu. He collaborated with Taiwanbased Filipino cellist Victor Coo in “Duetto” at the Insular Life Auditorium in Alabang and with Fil-am young Violinist Bradley Bascon in a packed concert at Rodelsa Hall last July 31. To reserve a seat to this special event, call (088) 8584093 to 95 local 109 or text/call 09177222479 /09989612102. See you!
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Environment
BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
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Ozamiz CDRRMC conducts citywide clean-up drive of esteros, canals
By Rutchie Cabahug-Aguhob
National Competitiveness Council (NCC) Program Officer Marina Saldana during the e-government services forum in Cagayan de Oro on July 23 shares that the forum aims to increase level of awareness of online services, including weather monitoring, of the government and increase number of private sector using e-services. (PIA10)
Aquino welcomes submission of ‘Yolanda’ Comprehensive Rehabilitation, Recovery Plan M A N I L A - - Pre s i d e nt B enigno S. Aquino III welcomed the submission of the ‘Yolanda’ Comprehensive Rehabilitation and Recovery Plan (CRRP) by Secretary Panfilo Lacson, Presidential Communications Operations Office Secretary Herminio Coloma, Jr. said on Friday. The President received the eight-volume report from Lacson after the memorial
mass in honor of the late President Corazon Aquino. According to Coloma, the CRRP includes the LGU Recovery and Rehabilitation Plans (LRRPs) of Cebu, We ste r n S amar, L e y te, Eastern Samar, Iloilo and Tacloban City. This covers 104 out of the 171 ‘Yolanda’-affected municipalities, he said, adding that with the
President’s approval, some P96 billion may be released by the Budget Department for various rehabilitation projects. The CRRP is a complete master plan that covers infrastructure, livelihood, resettlement, social services, and support. The Office of the Presidential Assistant for Rehabilitation and Recovery
( O PA R R ) , h e a d e d b y Secretary Lacson, serves as the chief coordinator of the programs, activities and projects being undertaken by all Cabinet departments, national government agencies and local government units. The total cost for the C R R P i s e s t i m at e d at P171 billion, which will cover rehabilitation and reconstruction projects, as
well as social services and livelihood. The rehabilitation plan will also involve the relocation of 200,000 families d i s p l a c e d by Ty p h o on Yolanda to resettle them in safer zones. It will also address such concerns as climate change adaptation, gender-sensitive needs and equality. (PCOO/ PND)
Oxfam Phils implements BINDS project in Caraga BUTUAN CITY –The Oxfam Philippines is presently implementing a 30-month project funded by the AusAID called “Building Resilient and Adaptive Communities and Institutions in Mindanao (BINDS)” in 18 municipalities, in Autonomous Region for Muslim Mindanao (ARMM), Central Mindanao and Caraga regions, in partnership with local nongovernment organizations and local government units with funding support from Australia’s Department of Foreign Affairs and Trade (DFAT). Mindanao Coordinator Dante Dalabajan of Oxfam bared that the goal of BINDS Project is for poor women and men to realize opportunities in the midst of uncertainties brought about by climate change. “It seeks to develop a deep understanding of the nature of risks facing people living in poverty, especially women, children and people with disabilities in an attempt to develop a comprehensive set of policies and programs which will build their resilience,” he said. “The lack of disaster early warning system is one of the top priorities identified in the adaptation and risk reduction (ARR) plan of Jabonga, Agusan del Norte, a town which is frequently inundated
by flash floods. The LGU in collaboration with Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) and the BINDS project has set up weather instruments and computers which generate high resolution weather data,” relayed Dalabajan. Also, Dalabajan further disclosed that one of the key thrusts of the Abaca production in Lanuza, Surigao del Sur is to develop the existing livelihoods present in the project sites in a way that the livelihood sources will be better able to cope with uncertainties. “In Lanuza, where abaca (Manila hemp) production is one of the main sources of income. The project encouraged the local community members to intercrop abaca with other cash and sustenance crops. The total trading volume of abaca fiber has reached over 65 thousand kilograms from October 2013 to April 2014. Gross sales from October 2013 to March 2014 have reached almost 2.4-million pesos,” he said. “Some of these priorities include: Agriculture warning system – setting up reliable climate information centers, most especially prior to, during, and following a disaster, and establishing vertical linkages of the local data centers to
PAGASA and horizontally to communities through innovative information technologies; national and l o c a l l e v e l advocacy and campaigning by Oxfam and partners, to lobby for enabling policies, gendered programs, investments and
budgets, whether public or private, that promote climate adaptation and risk reduction initiatives, and finance,” emphasized Dalabajan. Oxfam is a vibrant international movement of passionate, dedicated people
fighting poverty together and doing amazing work together. They have programs for the vulnerable families in the different regions of the country especially those mostly affected during calamity/disaster. (JPG/ PIA-Caraga)
OZAMIZ CITY – The Ozamiz City Risk Reduction and Management Council (CDRRMC) has initiated, earlier, a city-wide clean-up drive in esteros and canals of the city. This is to un-clog the areas of debris and all other forms of waste thrown into the area, so that water brought in by the incoming rains can freely flow, Mark Vincent C. Israel, CDRRM Officer, said. “The move is actually one of the measures of mitigating and reducing the risks of flooding in the low-lying areas of the city, as an effect of climate change,” Israel said. However, Israel said, this would be the last time that the CDRRMC will initiate a citywide clean-up drive, as it has empowered all the Barangay CDRRM Committees to be the ones to initiate such moves in the future. “We are leaving up to the respective BDRRMC’s to practice the clean-up in their respective areas and make it as ‘their way of life,’ and an effective measure for climate change adaptation,” Israel said. Meanwhile, the Ozamiz CDRRMC has scheduled a bloodletting on July 26, after the conduct of ‘Zumbaklay’ or Walk for a Cause , as among the activities of the July 2014 National Disaster Consciousness (NDCM) with the theme: “Kahandaan at Kaligtasan ng Pamayanan, Pundasyon ng Kaunlaran (Preparedness and Safety of Communities, Foundations of Progress).” A joint activity of the CDRRMC and the City Nutrition Committee, the Zumbaklay starts early in the morning at the City Hall Ground towards Cotta Square, where the Zumba Marathon will take place. (RCA/ PIA10-Misamis Occidental)
Misamis Oriental Governor Yevgeny Vincente B. Emano together with Lugait Mayor Wellie Lim (center) holds the relocation site development plan for Calangahan. The provincial government has turned over 1.06 hectares of land amounting to P 700 thousand to 180 Alyansa sa mga Biktima sa Demolisyon sa Calangahan (ALBEDEC) beneficiaries on July 30. Also, Governor Emano said that chapel, basketball court and a barangay hall will be constructed in the relocation site soon. capitol photo
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monday|august 4, 2014
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