BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 74
Market Indicators As of 6:20 pm nov. 28, 2014 (friday)
FOREX
PHISIX
US$1 = P44.89
7,294.38 points
4 cents
X
29.04 points
X
Briefly Biomass plant
Monday | December 1, 2014
By FROILAN GALLARDO, MindaNews
EASTERN Petroleum Corp will start construction of its maiden power project in Mindanao by January next year. Fernando L. Martinez, Eastern Petroleum chairman, told InterAksyon.com that the company is finalizing local permits before proceeding with initial site clearing for the 23.5-megawatt (MW) biomass plant in Agusan del Norte. “Site mobilization na kami January 2015 so first quarter 2017 we expect completion,” he said. The company will invest $100 million for the biomass plant, which marks its initial foray into the power generation business.
ILIGAN City – They have spoken.
T
HREE politicians who led the opposition to the botched Memorandum of Agreement on Ancestral Domain or MOA-AD have made known their stand against the proposed Bangsamoro Basic Law, which aims to conclude the on-and-off peace process between government and the Moro Islamic Liberation Front (MILF).
Bank lending OUTSTANDING loans of commercial banks, net of reverse repurchase (RRP) placements with the BSP, grew by 21.1 percent in October. In the previous month, loans grew by 20.5 percent. Bank lending inclusive of RRPs expanded by 20.0 percent in October compared to the 19.5 percent growth posted in the previous month. On a month-on-month seasonallyadjusted basis, commercial bank lending increased by 1.4 percent for loans net of RRPs and by 1.2 percent for loans inclusive of RRPs. Loans for production activities— which comprised about fourfifths of banks’ aggregate loan portfolio—expanded further by 19.7 percent in October from 18.7 percent in September. The rise in production loans was driven primarily by increased lending to the following sectors: manufacturing (20.9 percent); real estate, renting, and business services (15.9 percent); wholesale and retail trade (19.4 percent); electricity, gas and water (22.9 percent); and, financial intermediation (22.1 percent). Bank lending to other sectors also rose during the month except for public administration and defense, which declined by 1.2 percent.
P15.00
MOA-AD foes say BBL is unconstitutional www.businessweekmindanao.com
MARANAO SENTIMENTS. Driza Liningding, of the Bangsamoro Peace and Development Council, complains how the economic benefits from Lake Lanao did not trickle down to the vulnerable sector of the Maranaos during the congressional public hearing on the Bangsamoro Basic Law held at the Lanao del Sur provincial gym in Marawi City last week. mindanews photo by froilan gallardo
In a public hearing here Friday by the House ad hoc committee on the BBL, Zamboanga City Rep. Celso Lobregat and former Iligan Mayor Lawrence Cruz said the BBL contains provisions that are unconstitutional. “Like the MOAD-AD i n 2 0 0 8 , t he prop os e d Bangsamoro Law is full of unconstitionalities [sic],”
Cruz said referring to the failed agreement which the Supreme Court junked as unconstitutional in 2008. “ W h a t w i l l h ap p e n now if the Supreme Court will find again the proposed Bangsamoro as unconstitutional? Will the MILF go to war again?” he added. bbl/PAGE 7
Aboitiz to uprate capacities Power Forum: of coal-fired power plants Can power By IRENE DAYO, Staff Writer
POWER firm AboitizPower C o r p. i s u p r at i n g t h e capacities of its Davao and
Cebu coal plants which are both under construction in plants/PAGE 7
market dampen brownouts during summer? (Second of a Series) By MIKE BAÑOS, Editor-at-Large
Merchant Plants ENERGY Secretary Carlos Jericho L. Petilla said a re s t ore d I M E M w ou l d encourage Independent Power Producers (IPPs) like Peakpower to set up merchant plants if they like the way the market is behaving.
“While there will be many new plants opening soon in Mindanao, most of them are baseload plants. I’d like to encourage more peaking plants because in the end, you cannot just rely on baseload plants. There will brownouts/PAGE 7
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2 Mindanao Film Festival to show NHA turns over additional films about climate change housing project for Comval MONday|dECEMBER 1, 2014
DAVAO City -- The 10th Mindanao Film Festival will feature films that tackle the environment and climate change. To be held this December
3-9 at Gaisano Mall Cinema, the festival will screen about 68 films from all across Mindanao. The film program titled “Nagbago na ang Panahon”
(Times have changed) is composed of documentaries, live-action short films and an animated short that tackle climate change issues. Among these films include Lugdang from Cagayan de Oro, Hope in the Garden and Pang inda hay f rom Compostela Valley, Abiso from Zamboanga City and Paraiso from Davao. “Lugdang “ is a story of college classmates searching for their missing classmate in the aftermath of typhoon S endong, “Hope in the Garden” is a documentary of a school in Nabunturan who creates a garden in the hope of inspiring others to help in restoring mother nature. “Pangindahay” is a tale of two siblings orphaned after their parents were killed during the onslaught of typhoon Pablo, “Paraiso” is a do c ument ar y t hat centers around the famous films/PAGE 7
NABUNTURAN, Compostela Valley -- “Compostela Valley, you have done a great job!,” these were the words of Sec. Jose Rene D. Almendras, Task Force Pablo head, who graced the ceremonial grand turnover of more than 3,000 new housing units held at the New Bataan Resettlement Project 1 in Brgy. San Roque on November 25. The various beneficiaries c onve rg i ng c ame f rom New Bataan and towns in Compostela, Montevista, Monkayo and Laak affected by the Typhoon Pablo. Speaking in local dialect, Sec. Almendras underscores the local governments’ efforts in pushing for immediate recovery and rehabilitation. “Selebrasyon ni kay atong gipakita sa tibuuk Pilipinas nga kung magtinabangay ta, kung mag uban ta, walay dili nato (imposibleng) buhatun,” he said. Meanwhile, during his project briefing, Atty. Chito
M. Cruz, NHA General Manager, reveals that for TS Pablo victims, a total of 17,202 housing units are in various stages of development with 14,111 of these in Comval and the rest in Davao Oriental. “Kami po ay naatasan ‘to build back better’ upang makatiyak na mabibigyan ang ating mga kababayan ng mas
maayos, mas ligtas at mas magandang permanenteng tirahan,” he added. Implemented under the Rehabilitation Program of the NHA, the duplex-type house and lot package is worth P220,000.00 each. In the day’s ceremonial program, the housing units nha/PAGE 7
Mathematics is life
By Lindo M. Cayadong Teacher III Opol National Secondary Technical School
Techniques, systematic approaches and loving the subject Mathematics are essential components in navigating Mathematics. Considering Mathematics as part of one’s life makes him learn more. Disliking the subject makes him away from it. It is a shining armor which would lead us glitter in our future employment. Solving problems in Mathematics by your own is a fulfilling and satisfying
experience as a learner. Internalizing principles and concepts in the subject makes him fulfilled. A person who does not love Mathematics is a person who does not love himself totally. Being a mathematics enthusiast makes a learner capable of approaching daily challenges. Learning Mathematics is not just a choice but an option one must cling on. Mathematics is life. Mathematics is fun.
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CorporateWorld
AirAsia offers super low fares in Visit Bohol 2015 BOHOL is moving to become the must-go destination in the Philippines as it launches new and exciting tourist attractions with rock bottom prices for airfares, hotels, resorts and tours during a travel fair to be held in Glorieta Mall in Makati city on Dec. 8-10, 2014. Bohol provincial governor Edgar Chatto, said “We will also formally launch our newest campaign titled: “Behold...BOHOL,” which was developed with the help of CNN’s branding expert Anita Mendiratta. Bohol is the first province that benefitted from an outreach program of CNN.” For her part, AirAsia Philippines CEO Joy Caneba said, “We take pride of our collaborative nature and together with our partners, ‘Visit Bohol 2015’ campaign will enable everyone to fly to Bohol through our low fares, superb service and massive connectivity across 90 destinations in Asia, China, India, Australia and the Asean region.” The three-day event is the first time ever that tourism sector in Bohol comes together in a massive campaign which is part of
the Bohol Tourism Action Plan developed through the collaboration of the United States Agency for International Development t hroug h its Advancing Philippine Competitiveness Project (USAID-COMPETE), the Department of Tourism (DOT), the United NationsWorld Tourism Organization (UN-WTO), and the Pacific Asia Travel Association (PATA) as well as local tourism stakeholders. AirAsia, the leading and largest low-cost carrier in Asia, is the exclusive airline partner for the campaign and will offer super low promo seats for flights from Manila to Tagbilran (Bohol). The airline that has been awarded the Skytrax’s World’s Best Low Cost Carrier for six consecutive years is also committed to offer yearround low fares for flights between Manila - Tagbilaran (Bohol) and Manila – Cebu. Promo seats are available for booking at www.airasia.com. At least 50% discount in accommodation, tours and other travel essentials in Bohol will be offered during the three-day travel fair. Boholano products will also be made available
at affordable prices. The travel fair will open in a grand program featuring the world-famous Loboc Children’s Choir. The chorale group will have a nightly concert at the mall. Bohol province is dubbed as the eco-cultural tourism capital with its fascinating Chocolate Hills, pristine and white sand beaches in Panglao and Anda. It is also home to the well-loved Tarsier, considered the smallest and oldest primate in the world. “We want to develop Bohol as the tourism superpower and a top holiday destination in the Philippines,” said Bohol governor Edgar Chatto. He said the launch of the ‘Behold... BOHOL’ aims to promote the province as a complete tourist destination because every town has a unique tourist attraction to offer to visitors. Aside from the iconic destinations, the province is surrounded by caves, tranquil rivers, fascinating water falls, marine sanctuaries, mangroves and diving sites. Chatto said Bohol is now promoting the powdery white sand beaches of Anda, as the next tourist destination. Road airasia/PAGE 7
MONday|dECEMBER 1, 2014
3
Aboitiz board extends term of CEO THE chief of Aboitiz Equity Ventures Inc (AEV) has del aye d his ret irement for another three years to ensure a smooth transition of leadership to carry out the group’s plans. “With the significant growth over the past few years in the businesses of Aboitiz Equity Ventures, its subsidiaries and affiliates, and the further growth aspirations of the Aboitiz Group, the board of directors of AEV has resolved to defer the retirement of its president and chief executive officer, Erramon I. Aboitiz, and extend his employment to
December 31, 2019,” the conglomerate said in a disclosure.
Erramon I. Aboitiz
Aboitiz would have been set to retire in 2016. He has aboitiz/PAGE 7
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Father and Friend
T
hink a minute…There was a man who thought he was going crazy, so he went to the doctor for an expert opinion. The doctor examined the man and told him: “I have to agree with you. Yaou’re crazy.” But the man got angry and said: “I want a second opinion!” So the doctor said, “OK, you’re ugly too.” Sometimes we don’t want to hear the facts. A survey in America showed that 90% of Americans say they believe heaven is real, but only 25% of those same people say they believe hell is a real place. That’s like saying you believe there is light but no darkness, that there is right but no wrong. Common sense tells you that doesn’t make any sense! Just saying a place is not real doesn’t make it true. It’s like saying the North Pole is not real just because we don’t think so. The fact is Jesus Christ talked about hell much more than he did heaven. He said hell is a real place that’s full of the worst pain and endless suffering for everyone who rejects His good life by choosing to live their own way instead of the true way He created us to enjoy. Jesus repeatedly explained that the reason He came to give His innocent life was to pay the penalty for all our sins. God the Son came to save us from suffering in hell forever, even though it cost Him His own divine life. You see, we can’t say we believe Jesus Christ spoke the truth about some things, but that
THINK
A Minute
By Jhan Tiafau Hurst
He lied about other things like hell. He can’t be God and be a liar too. Remember, since God is perfectly good and pure, it’s simply not possible for Him to live together with any kind of wrong or evil. Otherwise, He wouldn’t be God! Just like light and darkness cannot be in the same place together. But if we want God to leave us alone, He will. After all, He’s the One Who gave us our freedom to choose in the first place. He will never force us to love Him and live the way He created us to enjoy. Jesus said that even though our body dies, our soul will live forever—either in heaven or in hell. So it’s up to us to choose whether we want Jesus’ gift of forgiveness and way of living, or our own way. Heaven or hell. But you’re the only one who can send yourself to hell, because God’s already done everything He possibly can so you don’t go there. The choice and risk is yours. Just Think a Minute…
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Nurturing the Reading Habit (3)
I
found it providential that the last day of National B ook Week (November 24-30) falls on the birth anniversar y of Andres B onifacio, whose 151st b i r t h d ay w e o b s e r v e d yesterday. Relatively recent evidence effectively debunks the myth of the “unlettered” Katipunan Supremo – a demolition job obviously perpetrated by political detractors. (Remember the myth about syphilis being the cause of Apolinario Mabini’s paralysis?) La Salle history professor Mi ch a e l “X i a o” C hu a c o n c e d e s t h at A n d r e s B onifacio attended the private school of Guillermo Osmena and attained the present day equivalent of Second Year High School or Grade 8 under the K-12 curriculum. But Bonifacio made up for his incomplete formal education by reading a lot. Yes, Bonifacio (like Ninoy Aquino and the late Blas Ople) was a voracious reader. Historian Chua cites Dona Elvira Prysler, proprietor of a mosaic tile factory where Bonifacio used to work as a
warehouse keeper. Prysler, Chua said, recalled her impression of Bonifacio whom she often saw with open book in hand during lunch time. What types of books appealed to Bonifacio? When hostilities broke out between the Katipuneros and the Spaniards, the authorities raided the offices where Bonifacio worked or used to work. In the German firm Carlos Fressel and Co, where Bonifacio worked as warehouseman and later as sales agent, the raiding authorities seized the following books among Bonifacio’s personal effects: Top of the list were the two novels of Jose Rizal, “Noli Me Tangere” and “El Filibusterismo”. During that time, mere possession of these two books was enough to land anybody in jail. Also among the “subversive books” were “Histor y of the French Revolution” and “The Ruins of Palmyra: Meditations of the Revolution of the Empire”. Also probably considered “subversive” was “Lives of the Presidents of the United
States” because of the role of George Washington in the American Revolution. A member of the Free Masons (then considered an enemy of the Catholic Church), Bonifacio also read The Holy Bible and “Religion Within the Reach of All”. He also read books on law (international law, civil code, penal code) and medicine. For light reading, Bonfacio turned to Alexander Dumas, Victor Hugo (Les Mesirables) and Eugene Sue (The Wandering Jew). Who among his political adversar ies could have claimed that they read even half as many of the books which Bonifacio read? Bonifacio also wrote poetry. He wrote “Pag-ibig sa Tinubuang Lupa” a 28stanza piece which National Artist Virgilio Almario describes as “excellent”. A shortened version of the poem became the lyrics of a song (melody composed by ex-political detainee Luis Jorque) which became very popular during the martial
SPEAKING
O ut
By Ignacio Bunye
law period. B onifacio also wrote essays like “Ang Dapat Mabatid ng Mga Tagalog (What the Filipinos Should Know)” and “Tapunan ng Lingap (Care a Little).” In our previous article, we recalled that Dr. Jose Rizal read a lot. Rizal got hooked into reading after his mother, Teodora Alonzo, read to him the story about the moth and the flame. Bonifacio and Rizal – two g re at F i l ipi n o s w it h a common passion – reading! Note: For feedback, you may email us at totingbunye2000@ gmail.com.
Daily Heroic Cheerfulness
C
hristian life is a happy life. In spite of its tremendous share of suffering, pain, and selfdenial, it is a joyful life that knows precisely how to tackle these humanly u np l e a s a nt e v e nt s a n d c onv e r t t h e m , i n f a c t , into the very reason for cheerfulness. The joy deriving simply from our physical wellbeing and other merely human reasons has no way to handle the unavoidable disappointments and other forms of failure and defeat that we can have in life. Christian joy has deeper ro ot s an d c an we at h e r not only the test of time, but also the test of any difficulty and challenge. It can cover the whole range of human situations and is oriented toward an infinite end. We need to do everything to cultivate this Christian cheerfulness, making use first of all of the ordinary daily events to craft it, and to reinforce, purify and rene w it. We don’t h av e t o w a it f or s om e extraordinar y events to occasion the development of this integral aspect of Christian life. That’s why we need to be aware of the need to be happy in any situation we can be in, and especially in those that tend to remove joy from us. For this, we have to be ready with our theological reasoning, and train our mind, heart,
senses and everything else of our humanity to conform to the truth and reality pres ente d to us by our faith. We shou l d st r ive to attain good theological g rounding, s o t hat our perceptions of things would not simply be influenced by the merely sensible and rational. The faith gives us a complete picture, and developing a theological mind is something doable. It is not a rocket science. It’s a discipline that is all worthwhile pursuing. We should not go on with our life at the mercy of our bodily conditions alone, or of merely human and external conditions, like the weather natural, social, environmental, political, etc. We have to strengthen our conviction that we are all children of God who loves us to such madness that he is willing to assume all our suffering and disappointment with us and turn them into another occasion for a resurrection. We have to overcome whatever natural awkwardness, not to mention, the sin-caused resistance we have to correspond more and more fully to this supernatural and mysterious truth of our faith. We may have to start with some bumbling baby steps in this regard, but if we p ersist and if we continue to rely on the ever
abundantly available grace of God, we can manage to enter into this reality pres ented by our faith, where joy is reassured. O bv i o u s l y, w e n e e d to learn to feel at home with the usual effort and sacrifice involved in this pursuit. All this load of awkwardness, effort and sacrifice can be mitigated if we simply use our common sense also. There’s always wisdom, for example, in developing the habit of collecting jokes, nice anecdotes and other points of interest to spice up our daily routine. These can make a big difference. We h a v e t o t r a i n ourselves to smile more and more, to le ar n t he art of positive thinking, a good sense of humor, and to be more resistant to unpleasant developments a n d s u r p r i s e s . Ve r y often, the whole business of sanctification and he rois m c an b e pl aye d out in pursuing these little details to be cheerful. We should familiarize ourselves with our physical, emotional and psychological dynamics and identify areas where we are weak and vulnerable, so as to be ready for them. We cannot deny that we are heavily conditioned by these factors in our life. We have to learn how to manage them. We have to learn how to handle pressures, disappointments and
HINTS
and
Traces
By Fr. Roy Cimagala
tiredness. And, yes, failures which can rob us of our joy and peace. There’s always a positive side to our failings, losses, defeats, setbacks. As much as possible, we should avoid falling into some dark moods and brooding. In this, we have to be careful when we pray, because very often many p e ople f ind t hems elves falling into mo o ds and brooding when they tr y to meditate. P r a y e r, w h e n n o t prepared and done well, can occasion moodiness and bro o d i ng . L e t’s b e c o nv i n c e d t h a t i f o u r prayer does not boost our cheerfulness, then there’s something wrong with our prayer, or with the way we do our prayers. One sure ef fe c t of a good prayer is definitely joy and peace. That’s simply because when we truly pray, we would not fail to have a supernatural outlook and to live our life according to God’s plans. roycimagala@ gmail.com
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Banking&Finance
Money supply slows in October THE country’s money supply grew at a slower pace at the start of the fourth quarter. In a report, the Bangko Sentral ng Pilipinas (BSP) said domestic liquidity (M3) expanded by 15.4 percent year-on-year in October, down from the 16.2 percent at the close of the third quarter and the slowest since the 12.9 percent in April last year. The October slowdown is the ninth straight month of deceleration, as the BSP tightened monetary settings to avoid a situation where too much money chase few
goods, thereby pushing up inflation. Inflation had peaked at 4.9 percent in August, but began easing on account of the BSP’s policy moves. Since the start of the year, the BSP has been tightening the tap, starting with two successive hikes in banks’ reserve requirement ratio that were supposed to have siphoned off P120 billion from the domestic financial system. The central bank followed this up with increases in the special deposit account
Japanese partner ups stake in PNB leasing arm PHILIPPINE National Bank (PNB) has sold a portion of its stake in its leasing subsidiary to its long-time Japanese partner. In a disclosure to the Philippine Stock Exchange, PNB said IBJ Leasing Co Ltd (IBJL) increased its stake in Japan-PNB Leasing and Finance Corp (JPNB) to 25 percent from the previous 10 percent after acquiring more shares from the Lucio Tan-owned lender. The share-sale reduced PNB’s ownership in JPNB to 75 percent. Senior IBJL officials are in the Philippines to sign the terms of the expanded partnership between the two companies. JPNB will change its commercial name to PNB-IBJL Leasing and Finance Corp by next year, subject to the approval of the regulators. “The move is seen both as a validation of renewed confidence
in the Philippines as an investment destination and in PNB’s stature as the country’s leading financial institution,” the local lender said. “The decision to expand its stake in JPNB is part of a larger strategy to effectively respond to the pronounced need of major Japanese retailers and auto makers to seize opportunities in the fast growing Philippine consumer market,” IBJL officials said, as quoted in the statement. The partnership is seen leveraging on the financial muscle of IBJL and its extensive network of Japanese businesses, while complementing PNB’s strong brand heritage. JPNB was established in January 1998 to serve the financial requirements of Japanese firms and local businesses, including PNB’s clients.
Great news to all SM Shoppers! An early December treat by SM Kids Fashion and SM Babies of The SM Store. Kids and Babies blow out on December 3! Additional 10% discount on all items from Children’s Wear
and Infants’ Wear departments exclusive for SM Advantage, SM Prestige and BDO Rewards cardholders. Do not miss the SM Kids Fashion & SM Babies SMAC One Day Sale!
(SDA) rates, then finally with similar hikes in its key interest rates. “D om e s t i c l i qu i d it y g row t h i s e x p e c te d to moderate further in the months ahead as previous monetary policy adjustments continue to work their way through the economy. Going forward, the BSP remains prepared to take appropriate action as needed to ensure that monetary conditions continue to support price and financial stability,” the central bank said. Despite the slowdown in liquidity growth, bank lending remains br isk, growing 21.2 percent in October, faster than the 20.5 percent the month before. In a separate report, the BSP said credit demand from the private sector continued to fuel overall loan growth, rising 19.7 percent year-on-year and
with eight out of every P10 lent out to spur business activity. Manufacturing, real estate, trade, utilities and financial institutions remain the drivers of loan growth. Household borrowing also expanded by a slower 17.3 percent year-on-year, fueled by auto and salary loans. “The continued broadb a s e d g row t h i n b an k lending supports the view that the underlying demand prospects remain favorable amid buoyant business expectations on the economy,” the BSP said. Yesterday, the government an nou nc e d t hat t h i rd quarter economic growth slowed to 5.3 percent from the previous quarter’s 6.4 percent. Household spending and investment held up despite the contraction in government expenditures and agriculture.
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Opol National Secondary Technical School holds MTAP-DepEdMetrobank Saturday Enrichment Classes for Regular Students for School Year 2014-2015 By Lindo Mugot Cayadong Teacher III Opol Nationa l Seconda ry Technical School
The MTAP-DepEd-Metrobank Saturday Enrichment Classes were held on the months of August to September 2014 at Opol National Secondary Technical School, Opol, Misamis Oriental. Classes were held every Saturday from 8:00 o’clock to 12:00 o’clock in the morning. Teachers in Mathematics Department were tapped as teacher-trainers. The students who officially registered to the program were refreshed from the basic concepts to the complex ones. They were exposed to several approaches and techniques to
solve problems in Mathematics the easy way. Further, students were motivated to love the subject and the teachers helped awaken their interests in the subject. Parents of the program’s participants lauded the efforts and time invested by the teacher-trainers. Likewise, the administration was fully supportive to this undertaking.
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PUPIL BENEFICIARY – Thru the effort of VICE GOVERNOR JOEY G. PELAEZ, Children International Philippines, Inc. donated a wheelchair to Ivan Madriaga of Gimaylan, Libertad, Misamis Oriental. Madriaga is a Grade II pupil of Gimaylan Elementary School. His parents, Mr. and Mrs. Noel Madriaga, give him a piggy-back ride when going to school. The wheelchair will not only give comfort to Ivan, it will also ease the difficulty of his parents in carrying him to school everyday.
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NONOY ZUNIGA TUGS ON HEARTSTRINGS WITH ‘HANGGANG DITO’ PA S S I O N AT E . T h a t ' s basically the best word to describe Nonoy Zuniga as a balladeer, doctor and advocate for health and environment. For years Nonoy managed to juggle all his passions and come out a wholly improved person every time. The experiences basically make him emotionally and personally complete inside and out (no pun intended) as opposed to doing nothing at all. This man is basically a dynamo... eternally in motion... moving as projects deserving his attention and advocacies come to focus. From his last album called Beginnings, Nonoy kept himself busy doing concerts here and abroad, the latest of which is happening on December 07 at the Xavier Estate Countr y Club Ballroom alongside with his friends, the impressionist Willie Nepomuceno and composer-singer, Rey Valera. This is a life story musical concert of Nonoy entitled “TIMELESS.” An upcoming singer-comp os er, Anna Melissa will do the front act. This man is really busy as a bee. Behind the scene, the man known as 'The Voice' is keeping himself preoccupied anew with a new project. An album so special in fact it echoes some, if not all aspects of OFWs' experiences and is slated for a release next
year. Personally, being able to work abroad is experience enough to muster inspiration for the project. And this very much is a big motivator for Nonoy. But as fate had it, circumstances can bring surprises the least you expect it. He i s re l e a s i n g t h e song “Hanggand Dito” a composition of a long time fan’s daughter. It's as if it was really fated to happen. A song called Hanggang Dito was especially composed for and with only Nonoy in mind. The composer's name? Cristina Suzette del Rosario. It was her mother, a very big fan of Nonoy that introduced her to the latter's music. It was also Nonoy's songs that inspired 'Zeth' or 'Crish' as friends and family call her to learn the piano when she was younger. For Christina, the honor of having her first effort included in the album of the man she considered a music hero and her mom's music idol was surreal but nonetheless a big accomplishment. Timeless - A Concert of Inspiration is brought to you by Xavier Sports & Country Club and Xavier Estates Homeowners, Association, Inc., and also co-presented by Mindanao Daily News. For timeless ticket reservation you can call up 09064217777.
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BBL... from page 1
Some units of the MILF launched attacks in parts of Lanao and Cotabato area after the Supreme Court declared the MOA-AD as unconstitutional. Cruz said he was questioning the “sticky issues” which could possibly be declared as unconstitutional namely the provisions on exclusive jurisdiction, water resources and disarmament of the MILF. “Everything is being lost in the technical mumbo jumbo. What will happen if the High Court finds the proposed law as unconstitutional,” he said. But Cruz said he will not file a case before the Supreme Court questioning the proposed law. “I am afraid for the city of Iligan. We learned our lessons in 2008 when the city was attacked after we led the opposition.” For his part, Lobregat pointed out some provisions of the draft law like the block grant for the Bangsamoro government that he claimed is unconstitutional. Lobregat, however, conceded that since the 15th Congress is dominated by allies of President Aquino it will pass the BBL despite its “unconstitutionality”. “They (Aquino allies) have the numbers. The law will surely be passed but it will face a wave of constitutionality cases in the Supreme Court,” Lobregat said. The Bangsamoro is envisioned to replace the 25year old Autonomous Region in Muslim Mindanao by 2016. Lobregat and Cruz led the opposition to the MOAAD in 2008 by questioning its constitutionality before the High Court. After the Supreme Court ruled in favor of the petition against the MOAD-AD, war erupted anew when elements of the MILF who were angered by the decision staged attacks in Lanao and Cotabato areas. Councilor Moises Dalisay, one of those who petitioned against the MOAD-AD in the Supreme Court, questioned the inclusion of some areas in the proposed Bangsamoro region. He said the Constitution does not allow any province, city, town and barangay to be divided, merged with or its boundary altered without conforming to the Local Government Code of 1991, which also prohibits this exercise. “This provision is applicable to Iligan City where eight barangays are classified to participate in the plebiscite,” he said. Muntinlupa City Rep. Rodolfo Biazon (Lone District, Mandaluyong City), a member of the House committee, told Lobregat, Cruz and Dalisay that ensuring that the proposed BBL pass constitutional scrutiny is the job of the 15th Congress. Biazon said it is also the job of the committee to reconcile the conflicting issues facing the bill. “Our job is to see this law pass scrutiny because I am sure somebody or some group will raise this question before the high court once Congress will pass it,” he said. Biazon said the worst thing that could happen is another war
if the Supreme Court decides to rule against the BBL like it did to the MOAD-AD. “The condition of unpeace has become a disease in this country. We cannot go back to it and that is the reason we must find some compromised to the conflicting issues,” Biazon, a former Marines general who became chief of staff of the Armed Forces of the Philippines, said.
Plants... from page 1
a bid to further increase its power generation portfolio. In a disclosure on Friday, the listed firm announced that its Board of Directors approved the construction of a third unit each for the 300-megawatt (MW) plant in Cebu and 300-MW plant in Davao. AboitizPower said the Cebu and Davao coal projects will have gross capacities of 510 MW and 470 MW, respectively, after expansion. “The notices to proceed for the additional units for both projects are expected to be issued by March 2015,” the disclosure read. The company did not disclose how much additional investments will be needed for the expansion. AboitizPower’s subsidiary Therma South Inc is putting up the coal plant in Toril, Davao City and Sta. Cruz, Davao del Sur. Another subsidiary, Therma Visayas Inc, is constructing a similar plant in Toledo City, Cebu. Each of the coal power projects is estimated to cost P25 billion to put up. AboitizPower intends to tap lenders to finance 70 percent of the projects’ cost and shoulder the balance from its own pockets.
Brownouts... from page 1
never be enough if there is no demand and you’re left with the peaking part hanging.” “That’s where we are when it comes to the situation in Mindanao. The IMEM will also encourage peaking plants because that’s the way to encourage them,” he added. Petilla said Mindanao particularly needs an electricity market because every time there’s a shortage of out from its hydroelectric power plants, the Gensan and Zamboanga areas gets to experience rotating brownouts first because electric
coops in the area will always be the last to be served and first allocation to be cut. “With the IMEM we are pushing, the dispatch protocol will be documented and evaluated so we can install discipline in the protocol so those at the end of the line don’t get the short end of the stick,” the energy czar said. “And finally I’d like to tell you the relevance of Peakpower. There are many plants coming in but I’m worried there are not enough peaking plants. In the future we will need many plants across cooperatives because that is the best way to make adjustments when our demand and supply don’t meet each other every now and then.” “I hope we have more plants like this because this is what we really need in this area of Mindanao because our interconnection to either Leyte or Negros will not happen until 2018 at the earliest. I hope we will also have the support of the people of Mindanao when it comes to this. The DOE earlier projected Mindanao to continue suffering from brownouts until new capacities come online in 2015. Based on the Mindanao Power Situation Outlook of the Mindanao Power Monitoring Committee (MPMC), the Mindanao grid will have a projected available capacity of 2,208 MW in 2015, versus a projected peak demand of 1,583 MW. The period 2016-2020 is also similarly projected to result in an excess of available supply versus actual demand. Although the DOE earlier said in its website the Mindanao grid would be ready for WESM operations once new capacities come in by 2015, Petilla said this is not so.
Films... from page 2
environmental song composed by Ryan Cayabyab. “Abiso” is an animated short about the typhoon Yolanda. The film is screened with the support of the Philippine Information Agency-XI under their joint climate change advocacy campaign in conjunction with the Department of Environment and Natural Resources. (PIA/RG Alama)
NHA... from page 2
include the following: San Antonio Village in Brgy.
MAparat, Compostela; Lower Ulip Resettlement Project in Poblacion, Monkayo; Sariwarain Village in Brgy. Union, Monkayo; New Bataan Resettlement Project 2 in Brgy. Andap, New Bataan; Vida Vista 3 in Brgy. New Visayas, Montevista; Mont Eagle Ville in Brgy. Kidawa, Laak and the New Bataan Resettlement Project 1 where the program venue was held, with 1,214 housing units turned over. Comval officials led by Gov. Arturo Uy, Vice Gov. Manuel Zamora, SP Members and Municipal Mayors of the beneficiaries expressed their gratitude to the national government through the NHA for their continued assistance. The governor extended his heartfelt thanks to the President saying “Daghan kaayong salamat nga wala mi ninyo gibiyaan” and hopes that the village will become a model community.
AirAsia... from page 3
and infrastructure access to Anda are underway through the convergence program of Department of Tourism and the Department of Public Works and Highways (DPWH) that seeks to connect airports to tourist destinations. Anda is a must visit in Bohol for its unique and wider coastlines making it a perfect destination both for relaxing walk on the beach or water sports activities. The town is also home to the “Lamanoc Mystical Island” and is fast becoming a popular destination. Lamanoc can be reached within a two-hour drive from the capital, Tagbilaran. The island has a rich lush mangrove protecting the community from flooding, pollution and water surge. It hosts some mystical caves where ancient Boholanons bury their loved ones in jars. Governor Chatto said Bohol is also home to Asia’s largest mangrove forest called Banacon located north of the municipality of Getafe. It has a total of 425 hectares with only 15 hectares dry land and the rest are extensive mangrove plantation. In a press statement, the Governor credited the strong support and cooperation of tourism stakeholders in Bohol in promoting the new tourist destinations of the province. “The strong partnership between the local government and the private tourism
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will be ready for a smooth transfer of leadership to continue executing the Group’s strategic initiatives,” AEV said. AEV has interests in power generation and distribution, banking, food and real estate. AEV’s consolidated net income declined 14 percent year-on-year to P14.3 billion in the nine-month period ending September from P16.6 billion last year due to the weakness of the power and banking units.
stakeholders, a well-equipped manpower with innate hospitality as well as the rich natural, cultural and historical attractions of Bohol are the three main factors why we are confident to become a tourism superpower,” said Chatto. AirAsia, the Filipino Low Cost Carrier is fully supporting the ‘Behold...BOHOL’ campaign by offering its lowest possible rates for tourists visiting Bohol. It flies three times daily from Manila to Bohol.
Aboitiz... from page 3
been AEV’s president and CEO since January 2009. “The board is confident that in a few years, the organization Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: PETITION FOR RE-APPOINTMENT AS NOTARY PUBLIC FOR AND IN THE PROVINCE OF LANAO DEL NORTE
Pet. for Not. Com No. 029-07-2014
ELEUTERIO M. OBIAL, JR., Petitioner. X - - - - - - - - - -- - - - - - - - / NOTICE OF HEARING NOTICE is hereby given that a summary hearing on the petition for notarial commission of Atty. Eleuterio M. Obial, Jr. shall be on January 30, 2015 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.
(Sgd.) DENNIS P. VICOY Acting Presiding Judg
BWM : Nov. 24, Dec. 1 & 8, 2014
Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch-20 Cagayan de Oro City IN THE MATTER OF CORRECTION OF ENTRY IN THE RECORDS OF BIRTH OF SHERYL KAY BALAMAN DENOPOL IN THE LOCAL CIVIL REGISTRY OF CAGAYAN DE ORO CITY,
SPL. PROC. CASE NO. 2014-086
SHERYL KAY ZAGADO BALAMAN-DENOPOL Represented by ELVIRA ZAGADO-BALAMAN, Petitioners, -versusTHE LOCAL CIVIL REGISTRAR CAGAYAN DE ORO CITY, Respondents. x--------------------------------------------------------------/ ORDER This is a petition for correction of entries in the record of Birth of Sheryl kay Balaman Denopol, relative on entries no. 23 from “legitimate” to “legitimated” and no. 24 on the date of marriage of her parents from ‘’August 27, 1981” to “September 15, 1984” in her Certificate of Live Birth, and finding the same to be in proper form and substance, the same is hereby set for initial hearing on December 3, 2014 at 8;30 o’clock in the morning before this court at the Hall of Justice, Cagayan de Oro City. Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge. The Local Civil Registrar of Cagayan de Oro City or any person having or claiming any interest under the entry whose cancellation or correction is sought may, within (15) days from the notice of petition, or from the last date of publication of such notice, file his opposition thereto. Furnish the Office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance. SO ORDERED. Done this 9th day of October, 2014, at Cagayan de Oro City. (Sgd.) BONIFACIO M. MACABAYA Presiding Judge BWM: Nov. 19, 26 & Dec. 1, 2014
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Christ the Redeemer monument at Golden Haven Memorial Park adds a little touch of Rio de Janeiro to Cagayan de Oro City. Photo by Shaun Alejandrae Yap Uy
Preserving memories, building legacies
Golden Haven Memorial Park celebrates years
30
By chRiStine h. caBiaSa, Lifestyle Editor
T
he Golden Haven Memorial Park has celebrated its 30 years of preserving memories and building legacies in the country through a simultaneous nationwide children feeding program on November 29, Saturday. Here, Golden Haven Memorial Park Cagayan de Oro has conducted a feeding program benefitting 150 kids in Barangay Bulua. About Golden Haven Memorial Parks Golden Haven Memorial Park was established by the Villar goup with an aspiration to preserve memories and build legacies in the country; with an aspiration to provide a lasting and fitting tribute in memory of your loved ones. The Villars has brought Golden Haven in the City of Golden Friendship in 2008 with a vision of keeping Kagay-anons and other locale come back again for joyful remembrances. Golden Haven has thumb marked
the hearts of every Filipino as it is located in some parts of the country also. These includes Las Pinas, Cebu, Zamboanga, Iloilo and soon in the beautiful province of Bulacan. Golden Haven came to life with the Villars’ love of responding to a need for people to move on, who were then reeling from financial setbacks that characterized those times; administering a sanctuary for those who are left behind, a sanctuary they can always visit. The Villars sets forth in moving stories of people, of family and friends, of rich and poor alike, who desire to be laid to rest in the most beautiful memorial park their eyes have seen. Feeding program to 150 Bulua kids Golden Haven Memorial Park vows to share its blessings received in three decades of operation. Golden Haven Cagayan de Oro which turned six last Saturday, November 29 cel-
GOLDEN HAVEN | Page B2
Golden Haven Memorial Park Cagayan de Oro Management and Staff headed by Branch Manager, Cherry C. Jerez (seated 4th from left) pose for posterity during the park’s feeding program in celebration of Golden Haven’s 30th anniversary. Photo by Shaun Alejandrae Yap Uy
Golden Haven celebrates 30 Years with a feeding program at the Golden Haven Memorial Park, Bulua, Cagayan de Oro City. The beneficiaries are from Zones 4, 9, and 10 of Barangay Bulua. Photo by Shaun Alejandrae Yap Uy
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Air Asia takes flight in CDO Text and Photos by SHAuN ALEjANDRAE YAp uY
“Now Everyone Can Fly” CAGAYAN DE ORO - Air Asia Philippines is set to make an impact in Cagayan de Oro City and Northern Mindanao, December 12, as the airline takes its first flight via Laguindingan Airport en route to Cebu. Air Asia Philippines President & CEO, Atty. Josephine Joy D. Cañeba was recently in the city for a “meet and greet” event at Seda Centrio, November 27. Attorney Josephine Cañeba introduces Air Asia to the local media, “That’s Air Asia, we’re big on efficiency, and we’re big on ensuring that all our people are well trained, capable and can deliver a good flight, our captains are very well trained, even in case of emergency – they know what to do”. Air Asia is customer focused, it cares
and treats everyone in the same manner that they want to be treated when flying. One of Air Asia’s core values is integrity, practicing the highest standards of ethical behavior and demonstrates honesty in all our lines of work in order to command trust and mutual respect. Air Asia always has the customer, “we are offering Web Check-in, Mobile Check-in, so that you won’t waste time queuing up, our ground staffs are well trained to assist you, smiling, not shouting” says Cañeba. “We do a quick turnaround, 25 minutes, why?, because we ensure that the next flight will not have delays waiting for the turnaround aircraft, that’s how efficient we are” Cañeba continues. Among Air Asia’s accolades, the company prides itself of its biggest achievement - winning Skytrax’s ‘World’s Best Low-Cost Airline’ for 6
Air Asia Philippines President & CEO, Atty. Josephine Joy D. Cañeba, answers queries from the Cagayan de Oro media in a “meet and greet” event at Seda Centrio, November 27.
Air Asia Philippines President & CEO Atty. Josephine Joy D. Cañeba (3rd from right) and Air Asia Philippines Line Captain Giselle Bendong (2nd from left) pose for posterity during Air Asia’s a “meet and greet” event at Seda Centrio, Cagayan de Oro, November 27.
Air Asia Philippines Line Captain Giselle Bendong, answers queries from the Cagayan de Oro media in a “meet and greet” event at Seda Centrio, November 27.
years running. “I am proud to say that in the last audit of EASA (European Aviation Safety Agency), they have remarked Air Asia Philippines as a remarkable and excellent airline” expressed Cañeba. Air Asia marks a new beginning in Northern Mindanao, “one good thing is that we are back in Cagayan de Oro; our first flight is on December 12 from Cagayan de Oro to Cebu”, Cañeba continued. Air Asia’s key to delivering low Air Asia Philippines Head of Commercial Gerard fares is to consistently keeping cost Anthony Peñaflor low, attaining low cost requires high
games and we gave out gift prizes the kids would enjoy,” Jerez added. Ten-year old Edrick Cabalgada from Zone 9 said it is fun and further wishes that Golden Haven management will spend it again with them next year. “Nabusog kaayo ko ug nalingaw pa gyud. Bibo kaayo. Unta next year, inanhi gyapon ang mahitabo,” exclaimed Cabalgada. Twelve-year old Christian Rhay Clapero from Zone 10 said the feeding program made his day. “Daghan kaayo pagkaon, naa pa gyud gipanghatag nga mga dula-dulaan ug mga toothbrush. Nalingaw kaayo ko,” said Clapero. Meanwhile, barangay nutrition scholar and grandparent Areopagita Bonje lauded Golden Haven’s manGolden Haven Memorial Park Cagayan de Oro is also home to the Villar Foundation’s Sendong Memo- agement for initiating an activity that rial Marker. Photo by Shaun Alejandrae Yap Uy benefitted some children of Barangay Bulua. GOLDEN HAVEN “Maayo kaayo ni nga initiative sa “We chose them as our beneficiafrom Page B1... Golden Haven nga pahalipayan ang ries for they are our neighbours, so it mga bata pinaagi sa usa ka feeding prois right and just to celebrate Golden brated it with 150 kids in Barangay gram, syempre kami usab mga ginikanHaven’s birthday with them. Instead Bulua, specifically kids from Zone 4, an nalipay nga makita ang among mga of holding it in hotels, we preferred to Zone 9 and Zone 10. anak nga malipayon,” Bonje said. have it here in Golden Haven memorial According to Cherry C. Jerez, “Dako among pasalamat sa managepark, here in Bulua, ” Jerez said. Cagayan de Oro branch manager, they ment nga ang mga bata sa Zone 4, Zone “Aside from the feeding program, chose to celebrate it with Golden Ha9 ug Zone 10 diri sa Bulua ilang napili we played with the kids also. We had ven’s neighboring kids.
efficiency in every part of the business and maintaining simplicity, every system process must incorporate the best industry practices. “As the CEO I don’t want to open routes just so fast without proper marketing study and sustainable support from the stakeholders”, Cañeba concludes. For more information about Air Asia please visit http://www.airasia.com/ or follow them on social media – Facebook: AirAsiaPhilippines and on Twitter: @ AirAsiaPH
nga pahalipayan. Daghan kaayong salamat,” Bonje added. About Golden Haven Cagayan de Oro Golden Haven Cagayan de Oro memorial park is conveniently located along Macapagal Avenue in Bulua, Golden Haven CDO is a 10-hectare property that offers inventories of more than 14,000 lawn lots, 3,400 garden niches, 2,000 family patios and 2,400 family estate. The park will be lavishly landscaped with Gardens of the World as its thematic anchor. Gardens with Asian greetings welcome guests and different enclaves of gardens such as Japanese Zen, California Missions, Gardens of the America, Papal Garden, Tuscan Hills, Moroccan Tapestry, Victorian Secret, French Royale, Spanish Courtyard add serenity and sanctity of the place. Right in the center of the property, atop its highest point, a replica of Christ the Redeemer statue overlooking the entire expanse can be seen. For inquiries and more information about Golden Haven Cagayan de Oro, please visit them at 6th Floor, TTK Tower, Don A. Velez St. or you can contact them at 850-2589. Also you can reach them through email at cdo@ goldenhaven.com.ph.
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pLAINS & pRINTS franchisee (left) Erlinda pagarigan, (right) Edwin pagarigan and (center) plains & prints Franchise Manager, philippines - Willie Agbulos in the ceremonial cutting of the ribbon to formally open their branch at the 1st Level of SM City Cagayan de Oro, November 28. Photo by SHAuN ALEjANDRAE YAp uY
Plains & Prints formally opens at SM City CDO
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Text: SHAuN ALEjANDRAE YAp uY
ilipino women’s apparel brand, Plains & Prints formally opens its branch to the public, November 28 at the 1st level of SM City Cagayan de Oro. Plains & Prints is the brand name established by Erickson and Roxanne Ang – Farillas of the RAFFCO Int’l Trading Corp. The brand specializes in casual to smart-casual tops, bottoms and dresses for women ages 25 – 35 years old. Branch franchisee Edwin and Erlinda Pagarigan were present during
the opening ceremony at SM City CDO, together with Plains & Prints Franchise Manager – Philippines Willie Agbulos. Plains & Prints is a fashionable ready-to-wear brand designed for the modern woman, timeless and stylish apparels. Plains & Prints have made it as one of the top local brands in the Philippines. Plains & Prints products may also be purchased online through http:// www.plainsandprints.com/
pLAINS & pRINTS FAMILY . (from right) plains & prints Franchise Manager, philippines - Willie Agbulos, Edwin pagarigan and Erlinda pagarigan with local models Cindy Obeñita and Magan Aranjuez, Charies Isla & Dr. Armando Isla, jr., june joanne D. pagarigan pose for posterity during the formal opening their branch at the 1st Level of SM City Cagayan de Oro, November 28. Photo by SHAuN ALEjANDRAE YAp uY