BusinessWeek Mindanao (February 19, 2014)

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Volume IV, No. 66

Market Indicators

As of 5:56 pm feb. 18, 2014 (Tuesday)

FOREX

PHISIX

US$1 = P44.60

6,167.82 points

17 cents

X

X Briefly 54.16 points

Not smuggled rice THE Bureau of Customs (BoC) here has cleared some 10,800 bags of rice shipment, which was impounded last week pending verification of papers, assistant BoC collector Roswald Joseph J. Pague said on Monday.

Pague said that the rice shipment was held sometime last week by a joint verification team of the National Bureau of Investigation (NBI), the BoC, and the Philippine Coast Guard stationed at the Port of Cagayan de Oro. He said that the joint anti-rice smuggling agencies of the government held the rice shipment to find out if these came from Thailand and Vietnam which surreptitiously gained entry into the Philippine port without proper documents.

IRA allotment MARAWI City -- The Autonomous Region in Muslim Mindanao (ARMM) government will be providing P500,000 monthly financial aid this year to each of the 12 municipalities in the region that do not have internal revenue allotment (IRA).

ARMM executive secretary Laisa Alamia said the financial aid is intended to help the local government units (LGUs) improve their performance and fast-track government programs and projects in the region.

A total of P72 million has been included by the present ARMM administration in its budget for this year to support the 12 towns.

These towns include Shariff Saydona Mustapha, Datu Hoffer, Datu Salibo, Datu Anggal Midtimbang, Datu Blah Sinsuat, Mangudadatu, Pandag, and Northern Kabuntalan in the province of Maguindanao as well as Akbar, Al-Barka, Hadji Muhtamad, and Hadji Mohammad Ajul in the province of Basilan.

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P4.7-B solar project unveiled in Marawi www.businessweekmindanao.com

Wednesday|February 19, 2014

By CHENG ORDONEZ, Associate Editor with FROILAN GALLARDO, MindaNews

M

ARAWI City -- The Islamic City of Marawi will soon be lighted by cheap energy source from the sun.

On Monday, local officials here led the ground breaking of a P4.7 billion 35-MW photovoltaic power project by the US-based Mendoza Solar Company located at a 30-hectare industrial land in adjacent barangays of Malimono and MatampayCormatan.

The solar power project is expected to significantly bring down the cost of

SOLAR MARKER. Energy Undersecretary Daniel Ariaso Jr. goes down on his knees to fix the marker during the groundbreaking ceremonies of the P4.7-billion solar plant in Marawi City on Tuesday, 17 Feb 2014. With him holding shovels are Marawi City Mayor Fahad Salic (left) and Winston Lorenzana Mendoza, chairman of the US-based Mendoza Solar Company that will build the plant. mindanews photo by froilan gallardo

‘Go Negosyo’ to rid poverty: Bam Aquino

By Cheng Ordoñez Associate Editor

CAGAYAN DE ORO CITY – Senator Paolo Benigno “Bam” Aquino laid down the meat and mechanics of Senate Bill

No.2046, otherwise known as the “Go Negosyo Bill,” which is now up for amendments in the Senate.

S en. Aquino, author of the Go Negosyo Bill, has identified five major functions of the proposed Negosyo Centers,which will see full story/PAGE 3

electricity and help ease the persisting brownouts due to power supply shortage in Mindanao.

Present during the ceremonial ground breaking ceremony and laying of the time capsule were Marawi Mayor Sultan Fahad Salic and former Mayor Omar Ali, and top officials from renown solar energy firm solar/PAGE 11

CDO tax take to exceed P2.6 B budget proposal

By MIKE BANOS, Correspondent

TAX collections of the C a g ay a n d e O r o C i t y government to date are on track to exceed the P2.6billion budget originally submitted by Mayor Oscar S. Moreno to the city council which subsequently slashed

it by over P300 million.

This was revealed by City Treasurer Dr. Glenn C. Banez during the press conference called by Mayor Moreno to explain his veto of the 2014 budget slashed by the city budget/PAGE 11

Cagayan de Oro City first district Rep. Rolando Uy, Misamis Oriental second district Rep. Juliette Uy, Bukidnon first district Rep. Malou Acosta, Cagayan de Oro City second district Rep. Rufus Rodriguez, Senator Bam Aquino, and Iligan City Rep. Vicente Belmonte Jr. grace the Go Negosyo event at Limketkai Luxe Hotel in Cagayan de Oro. The senator, a Go Negosyo Young Entrepreneur Awardee, visited Bukidnon and Cagayan de Oro and spoke to audiences promoting the Go Negosyo program. photo by gerry lee gorit of mindanao daily news

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Economy

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Charter change not the only way DepEd braces for ASEAN integration 2015 Skills Development Authority to improve economy – NEDA chief or TESDA), and higher Despite saying he is in favor of improving the business climate in the Philippines, Socioeconomic Planning Secretary Arsenio Balisacan said charter change is not the only way to boost the country’s economy.

“I am very much in favor of making the business climate very favorable to investment... [but] I don’t have to wait for Constitutional reforms to get this economy moving forward,” Balisacan said at a press conference in

No.: 09161714813 (GLOBE)

Malacañang on Monday.

What’s more important than charter change, he said, is knowing the constraints that have been holding the economy back. He said among them are the quality of infrastructure, the quality of the bureaucracy and institutions, and the cost of doing business in the country.

“So, for me, if you can fix these problems, you can do a lot,” he said.

President Benigno Aquino III has repeatedly said he does not see a need to amend economy/PAGE 10

By IMELDA N. BAGUIO, MAEM Head Teacher III Betahon Elementary School Betahon, Lugait, Misamis Oriental

THERE have been ap p r e h e n s i o n s o n t h e readiness of the Philippine educational system into the much-anticipated ASEAN economic integration in 2015.

Even Department of Education (DepEd) Secretary Armin Luistro admitted, the Philippines is cramming things it should have done a d e c a d e a g o b e c au s e bureaucracy got in the way then.

The Philippines is having a bit of a difficulty because

there are things that we really are rushing and cramming about which we should have done earlier. But the political landscape at that time was not ready, so those things did not push through, Luistro said in a television interview.

It was a kind of landscape w he re hav i ng s e p ar ate agencies managing the education system – basic education (Department of Education or DepEd), technical-vocational (Technical Education and

education (Commission on Higher Education or CHED) – brought division instead of unity to the government’s education sector.

In 2015, an ASEAN Economic Community will be established, marking the start of free trade among the organization’s 10 memberstates allowing free flow of goods and services – education services included.

Former Education Secretary Erlinda Pefianco echoed Luistro’s assessments.

Pefianco said the country only started to see more reforms in the last two years, compared to the last decade.

She cited what actions the government has taken from 2012 to 2013 vis-à-vis what has been done in the years before: • b a s i c e du c at i on reforms BEFORE 2012 2012-2013 • Trifocalization of Education in the Philippines (by the Education Committee in 1991) • Republic Act 10157: Kindergarten Education Act • R e p u b l i c A c t 9155: Governance of Basic Education Act of 2001 (renaming the Department of Education, Culture and Sports as the Department of Education) Executive Order No. 83, s. 2012: asean/PAGE 10

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‘Go Negosyo’ to rid poverty: Bam Aquino

By Cheng Ordoñez Associate Editor

CAGAYAN DE ORO CITY – Senator Paolo Benigno “Bam” Aquino laid down the meat and mechanics of Senate Bill No.2046, otherwise known as the “Go Negosyo Bill,” which is now up for amendments in the Senate.

Sen. Aquino, author of the Go Negosyo Bill, has identified five major functions of the proposed Negosyo Centers,which will each be put up in four pilot areas in Luzon, Visayas and Mindanao of which Cagayan de Oro has been chosen.

Sen. Aquino said the five major functions, but not limited to, are (1) promote ease of doing business by integrating a single business processing system for MSMEs and coordinating/facilitating government processes and requirements related to the registration, s et-up and management of MSMEs; (2) Facilitate access to grants and other forms of financial assistance, shared service facilities and equipment, and other support for MSMEs; (3) Organize mentoring programs for prospective and current entrepreneurs and investors,and offer services on training, financing, and marketing. This includes mapping out information and services related to key value chains and economic sub-sectors within the LGU’s jurisdiction; (4) coordinate with schools and organizations

on the development of a youth entrepreneurship training program; and (5) build local support networks and establish market linkages for MSME development;support private sector activities relating to MSME development; and conduct other programs or projects for entrepreneurial development aligned with the national MSME development plan.

Senator Aquino met with various business groups here n Northern Mindanao, first in Bukidnon province and later in Cagayan de Oro City, last Saturday (Feb.15) and discussed business prospects through the “Go Negosyo Bill” and other measures pending in the Senate.

Sen. Aquino told a group of businessmen in Malaybalay that the Go Negosyo Bill aims to facilitate ease of doing business, push the growth of micro and small enterprises, create jobs and livelihood around the countr y, and hopefully achieve the inclusive growth that millions of our fellow Filipinos desperately wish to be part of. “ The fact that the Philippines has grown

Senator Paolo Benigno “Bam” Aquino gives instruction to residents who are trying to give first aid to one of the victims of a vehicular accident Saturday, Feb. 15, 2014, along the highway of Malaybalay, Bukidnon. Sen. Aquino was on his way to a meeting with Bukidnon businessmen in Malaybalay and later in the day with Cagayan de Oro, Camiguin and Iligan businessmen in CDO. photo by lovie casenas

astoundingly over the past three years is no longer news to us. Since 2010, the administration of President B enigno Aquino III has worked hard to institute fiscal reforms and anti-corruption measures that have led to robust economic growth, global investor confidence, and our recently earned investment grade ratings by Moody’s, Fitch, and Standard & Poor.

From being the ‘Sick Man of Asia’ just a decade or so ago, we are now among the ’Breakout Nations’ and one of Asia’s ‘Rising Stars.’ Today, we are second only to China in terms of growth,” Sen. Aquino said.

We can s ay t hat our macro-economic numbers, especially over the past year and a half, have been phenomenal. However, all this

Senator Bam Aquino poses with Congresswoman Malou Acosta and Local Government Executives.

growth means nothing if we cannot create jobs, livelihood, and “mass employment” for millions of poor Filipinos.

Hindi po katanggap-tanggap na habang umaarangkada ang ating ekonomiya, maraming pa ring Pilipino ang patuloy na naghihirap,” he said.

Sen. Aquino pointed to unlocking of inclusive growth through MSME development as one of the key measures to business development in the country.

Sen. Aquino is the chairman of the Senate Committee on Trade, Commerce and Entrepreneurship.

He said his Committee has identified several keys to unlocking inclusive growth, among them comprehensive and meaningful support for micro, small, and medium enterprises; unhindered access to inclusive finance; support for social enterprises through inclusive supply chains; the K+12 educational system geared towards enterprise development and job placement; and clear pipeline for the 4Ps program towards productivity.

“Underpinning all of these is the development of our micro and SME sector, which accounts for 99% of all businesses in the Philippines and at least

66% of all jobs in the labor force. The numbers show that boosting the MSME sector will help us create more decent, sustainable jobs that can lift many Filipinos out of poverty.

We also need to look at MSMEs as a pipeline for development, instead of seeing the micro, the small, and the medium enterprises in silos. We need programs that will enable micro enterprises to enter the formal economy; our goal should be to help them ‘graduate’ into SMEs so that they grow and generate revenue and jobs for our communities. MSME development is a continuum that needs support at each stage from the government and the private sector,” Sen. Aquino said told the business groups and some national and local government officials led by Representatives Malou Acosta (1st District), Florencio Flores, Jr., (2nd District), Jose Ma. Zubiri III (3rd District) and Oneil Roque (4th Ditrict).

Later in the evening,Sen. Aquino told another business group representing Camiguin, Iligan and Cagayan de Oro City what the Go Negosyo Bill hopes to achieve.

At its core, the Go Negosyo Bill addresses this current gap in government support

negosyo/PAGE 10

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4 BSWM reviews 2013 SSIP implementation, sets 2015 target wednesday|february 19, 2014

CAGAYAN DE ORO CIT YThe Bureau of Soils and Water Management (BSWM) convened with project focal engineers and HVCDP regional program c o ord i nators f rom a l l ove r the country to assess the 2013 implementation of the Small Scale Irrigation Projects (SSIPs) under the Department of Agriculture-High Value Crops Development Program (DA-HVCDP) as well as layout its 2015 project implementation plan.

The SSIP implementation is in line with the government’s thrust in attaining food security

and sufficiency, augmenting the farmers’ income and in building infrastructures for climate-resilient agriculture. Aside from building new irrigation systems, the project will also rehabilitate and restore the existing systems which are deemed necessary to intensify the production of high value crops.

In order to avail of the said intervention, the farmers’ association thru the municipal local government unit (MLGU) will have to provide their counterpart amounting to 10% of the allocated project cost.

The beneficiary’s counterpart shall

be in the form of cash or kind that are valued accordingly such as in the settlement of the right of way, watershed development, local labor and use of equipment.

T h e B S W M h a s a l re a d y completed 33 out of 57 SSIPs amounting to more than P16 M for high value crops in the country. In Region 10, six small farm reservoirs and one ram pump irrigation system were installed and already operational.

Meanwhile, the total approved budget for 2014 amounting to P 16.750 M will fund 50 projects in 36

municipalities in the country with 220-hectare service area. This will comprise the construction of pump irrigation system for open source (PISOS), spring development, solar pump, ram pump and wind pump irrigation systems.

The Bagumbayan Farmers Association in Bagumbayan, Kauswagan, Lanao del Norte will be the beneficiary of a ram pump irrigation system In Region 10 for the year 2014. This will cost P500,000 and is expected to serve an area of six hectares planted to corn and assorted high value vegetables

and will benefit six farmers in the area.

“With the conduct of the meeting, we have agreed to employ closer coordination between the BSWM, the Regional Agricultural Engineering Divisions and the H VC D P r e g i o n a l p r o g r a m coordinators with regard to target setting, scheme of implementation and monitoring to harmonize our efforts,” said Engr. Teresita S. Sandoval, OIC-Water Resource Management Division of the BSWM. # (VANESSA MAE S. SIANO, DARAFID 10)

Gov’t releases P1-B loan PH to export milkfish, other aquaculture products to UAE for 20 poorest provinces THE Philippines is set to We are looking at opening IN A bid to spur inclusive growth in the 20 poorest provinces of the country, the department of Agriculture (DA) through the Agricultural Credit Policy Council (ACPC) has recently released P 1 billion for the implementation of the Agriculture and Fisheries Financing Program (AFFP).

The loan scheme targets farmers who are not members of cooperatives or nonagrarian reform beneficiaries (nonARBs) as exclusive eligible borrowers, based on ACPC Resolution 3 approved late last year.

The seemingly discriminatory measure was actually to allow marginalized

farmers who cannot access the agrarian productivity credit program jointly administered by the DA, Department of Agrarian Reform and the Land Bank of the Philippines (LandBank) which is only for ARBs. The loan program will cater to non-palay farmers who are the beneficiaries of the “Sikat Saka” (farm shine) program, another loan-assistance program of the agriculture department.

The fund was split into two government financing institutions, P550 million went to the LandBank and the remaining P450 million to the People’s Credit and loan/PAGE 10

export milkfish and other aquaculture produce to the United Arab Emirates (UAE), Agriculture Secretary Proceso J. Alcala announced on Tuesday.

Representatives from UAE Ministry of Agriculture and Fisheries will visit the country this month, Alcala said in a statement on February 11.

T h e D e p ar t m e nt of Agriculture chief added that the UAE officials will meet with their counterpart, as well as representatives from the Bureau of Fisheries and Aquatic Resources (BFAR).

Alcala said the officials will discuss in particular Sarangani’s bangus (milkfish) and ot he r a qu a c u ltu re products.

[trade] initially for Filipino communities in the Middle East, he said.

The development was reported by Alcala during the agency’s quarterly national meeting in General Santos City on Friday.

Alcala also visited a local aquaculture company in the area, the Alson’s Aquaculture C or p. in A l ab el tow n, Sarangani.

The company has been growing milkfish, prawns, tilapia, pompano, sea bass, eels, snappers and groupers.

The company grows their produce from ponds to meet demands for live, chilled and processed food fish products in Philippines and overseas markets, according to the

statement.

T h e DA c h i e f a l s o reportedly met with tuna stakeholders at the General Santos Fish Port Complex and informed the group that the fishery sector, after six years, registered a positive

increase.

Alcala also disclosed that BFAR Director Asis Perez will travel to Indonesia on the fourth week of this month, to secure a consent allowing Filipino handliner export/PAGE 10

Teaching strategies responding to today’s learning challenges

By SUSAN R. ALBERCA MASTER TEACHER 1 North District, Maloro Elementary School Division of Tangub City

Teaching is an act of supplying information and making it more understanding to a group of audience or students.

Each student has mind that evolves together with time due to modernization that makes learning and at the same time, teaching, more complex. Truly, educating today’s minds is a great challenge to educators. The sole solution for that is to as well modernize and improve teaching forms, styles or strategies in order to meet the needs and demand of this generation.

There are various methods most educators used in discussions. In some ways, these methods are not just made to upgrade form of teaching to student attract attention and interest in listening.

First to introduce is the form that uses gadgets applications, the multimedia presentation. It is considered is the easiest and first seen as an effective teaching tool.

Examples are slideshows, videos or movies and PowerPoint presentation, a tool that displays multiple slides with written information pieces in it. This form is popularized to schools due to its viewing effects, audio and attracting colors that entice listeners to be attentive in the class.

The internet exploration is also famous in these times. There are situations like a teacher will just give a link or page in a site to the students and the latter will just study the content. This form helps the student to learn independently. In addition, teachers could also conduct exams through software

or online, provided that he has his own computer where he can view all computer screens in the classroom. In this way, he need not to repeat questions and instructions to his students. There are various schools that already conduct exam through the use of softwares or internet. To many, this is called “paperless” quizzes and also effective to prevent cheating among students.

The small group discussion is also considered as an effective avenue of learning.

This technique let students form a group and require them to discuss topics on their own. This could be done after a teacher introduced a topic for a short period of time.

Thereafter, the rest that are not discussed will be tackled in a small group. Though can be called traditional, but this is a fair method because each idea of an individual could be heard. Method like this could also boost confidence and self-trust of the students.

There are various teaching methods that existed these days because people tend to blend with time. Perhaps, there are some which are not popularize yet because educators could invent it the way they want and what they classify as a good response to learning challenges in this era. The systems of education are leveling up just to cope up this generation’s society that sometimes a source of student problems. In solving such, it is big help that level of teaching must be upgraded and modernized through this modern time.

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SM buys into mall builder owned by Jollibee, Mang Inasal founders THE SM Group has invested in an upstart community mall developer owned by the respective founders of the Jollibee Group and Mang Inasal.

In a disclosure to the Philippine Stock Exchange, SM Investments Corp said it signed an investment and shareholders agreement today for the acquisition of a 34-percent stake in City Mall Commercial Center Inc (CMCCI), which will develop branded community malls mostly in the Visayas and Mindanao.

SM paid a total of P340,000 as initial subscription. Double Dragon Properties Corp will hold the remaining 66 percent and retain management control of CMCCI. The agreement will create a powerhouse partnership among the biggest names in the consumer sector.

DoubleDragon is a 5050 joint venture between Injap Investments headed by Mang Inasal founder Edgar “Injap” Sia II, and Honeystar Holdings Corp headed by Jollibee Foods Corp founder Tony Tan Caktiong.

Owned by the Philippines’ richest man, Henry Sy, the SM group operates 48 malls in the Philippines and five in China.

At end-September, it owned 233 retail stores, consisting of 47 SM Department stores, and 186 food stores.

“The partnership of the Sy, Tan and Sia families in CMCCI will bring in to the company the extensive experiences and wisdom of each families in managing, expanding and professionalizing a business entity,” DoubleDragon said in a statement.

“CMCCI is expected to be a significant contributor to the recurring income of its shareholders and will fuel economic growth of several local communities where it will be present,” it added.

DoubleDragon plans to raise P1.16 billion through an initial public offering (IPO) for the expansion of its real estate portfolio.

A big chun k of t he proceeds from the maiden share sale will bankroll the development of the company’s flagship project, the CityMall, which is envisioned to become one of the largest independent branded community mall chains in the Philippines.

The CityMall, which will have floor areas of approximately 5,000-10,000 square meters, will rise in prime locations nationwide, sm/PAGE 10

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Tigerair passenger traffic went up 18.6% in January TIGERAIR Philippines said its passenger traffic in January rose by nearly a fifth.

In a statement, Tigerair said it carried a total 134,000 passengers in January, up 18.6 percent from 113,000 in the same period in 2013.

The airline recorded a passenger load factor of 82.6 percent last month, up from 70.3 percent in the same period last year. Load factor measures the number of seats occupied during a flight.

Tigerair said its load factor was higher than those for sister-airlines Tigerair Singapore and Mandela with tigerair/PAGE 10

Imported vehicle sales grow 22% in January SALES of imported vehicles on the first month of the year grew a remarkable 21.6 percent increase, although it is 8.6 percent lower than its sales in the previous month in December last year.

In a report, the Association of Vehicle Importers and Distributors (AVID) said its January sales went up 3,191 units from 2, 625 units in January 2013 buoyed on equally impressive showings from passenger car (PC) and

light commercial vehicle (LCV) segments, with both managing to notch up healthy 22 percent increases.

Based on the AVID report, the PC front performances c a m e f rom C AT S a n d Hyundai, while a resurgent Chevrolet also contributed to the segment’s healthy 1,679 unit sales tally for the month.

LCV numbers, meanwhile, amounted to 1,512 units through a combined effort from all brands, with CATS

and Chevrolet standing out in both categories.

“With a host of exciting new models slated to enter the market this year, coupled with January’s performance providing a positive jumpstart to 2014, we at AVID are elated with our prospects for the Year of the Wooden Horse,” said AVID president Ma. Fe Perez-Agudo.

Agudo said that despite concerns of a slowdown, the Philippine economy

w it ness e d unp ara l lele d success last year with fullyear GDP growth at 7.2%.

Coupled with accelerated spending and investment activities, the above-target growth proved the country’s ability to withstand external shocks and emerged as a viable investment destination in Asia.

Agudo expects the trend of stellar growth will continue on in 2014 on the back of sales/PAGE 10

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Vacations are in Season

S

OONER than thirty days the outburst of summer comes as school calendars bring to close ushering young people’s travel to the countryside for a needed vacation in a resort destination south of Manila or a mountain chill in the north to the famous City of Pines in Baguio. Traffic by then in the national capital region will go from bad to worse as steel file driving will reverberate in Metro Manila for the construction of the Sky-way line 3 that will connect Magallanes District in Makati to Quezon City via Osmeña Boulevard in Manila by light train. These are the places now in the heart of Manila that bear watching as the center of motorist’s nightmare and must be avoided.

Local travelers from Visayas and Mindanao need not have to compete for every space in the national capital region or a cramp up hotel room in Baguio after enduring the long lines of passengers in many Philippine domestic airports and seaports. They are welcomed to Region 11 at the Bangoy International Airport in Davao City which host seventy two airline arrivals and departures that could bring in an average of 12,800 transients passengers a day in a comfortable air conditioned lounges. Domestic flights coming from Manila, Cebu, Clark Field Pampanga, Iloilo, Bacolod, Zamboanga and Cagayan de Oro comes every 20 minutes. Taxis with drivers in crisp uniform fall in line and are readily available to transport passengers to their point of destination.

Davao City is the gateway to the resort destination of Samal Island in Davao del Norte. From the city, a comfortable drive to Tagum City in a four lane express highway leads to their various agro and Eco-tourism attractions. Tagum has benefited from the spillover of conventions in Davao City. More than the less, it can stand alone as a tourist destination with its vast natural attractions. New 4-star hotels with strong Wi-Fi connectivity have opened in the city and more are constructed to fill the demand. Tagum City is scheduled to host the Palarung Pangbansa, a national sporting event next year.

Member:

L

IFE’S INSPIRATIONS: “…In the beginning was the Word, and the Word was with God, and the Word was God. He was with God in the beginning. hink a minute…You know Through him all things were made; without him that overnight success nothing was made that has been made. In him was A Minute life, and that life was the light of all mankind. The usually takes at least 10 years?

By Jhan Tiafau Hurst light shines in the darkness, and the darkness has One man said, “My overnight success was the longest night not overcome it...” ( John 1:1-5, the Bible). of my life. I spent many days -oooand nights just getting there!”

GUINGONA MUST RESIGN FOR IGNORANCE? Remember, “Rome was not Nothing personal, it’s all a matter of work, according built in a day.” Many people are to S en. TG Guingona, chairman of the S enate Blue waiting for their ship to come Ribbon C ommittee, in reaction to complaints in…when they’ve not even f rom S en. Jinggoy Estrada that he, Guingona, is sent it out of the harbor. You prejudging the pork barrel scam against Estrada see, winners simply do what before the Ombudsman. losers don’t want to do. And Well, I don’t know if Guingona was really doing they keep doing it until they his work, commenting on the value of the testimony get the success they want. Success is mostly just hanging on given by Ruby Tuason to his committee last week, after others have let go! Or as one guy put it: “Big shots are saying that Tuason’s statements constituted a “three just little shots who kept on shooting.” So the most important point score” against Estrada. The truth is, in carrying trip you’ll ever make is when you go the extra mile. out his committee’s hearings, Guingona is not really Many people who failed did not know how close they were supposed to pass judgment on the truth or falsity to success when they gave up. People don’t actually fail, they of the allegations of his resource persons. just quit too easily. One guy said: “The secret to success is Eit her Guingona may have forgotten it, or is to start from scratch—and to keep on scratching.” So don’t plain and simple ignorant of what he as a senator quit trying just because your trying times are hard. The can do in relation to those hearings, he must be great inventor, Thomas Edison, tried a certain experiment reminded that he is conducting those hearings only hundreds of times, but it still did not work. So his assistant in aid of legislation, not to unearth evidence for said to him: “It’s too bad that we did all that work without prosecution. If Guingona wants to judge the value any results. But Edison replied: “Oh, we have lots of results! of the testimonies before him, he must resign as a We now know 700 things that won’t work!” senator, and apply as a trial court judge.

Never forget, delay does not always mean denial. If we -ooohold out and hold on, we can accomplish almost anything. MMDA, TOLENTINO SHOULD NOT BE BLAMED: The British Prime Minister Winston Churchill said: “Never, O verhe ard: w hy are we blaming on ly t he Met ro never, never, never give up!” And the American President Manila Development Authority (MMDA) and its Calvin Coolidge made this statement: “Nothing can bring C h a i r m a n , Fr a n c i s To l e nt i n o, f or t h e ap p a re nt success like persistence. Talent cannot, for there are many unpreparedness of the government in relation to talented people who are not successful. Education will not, the traffic jams that even now are being spawned for the world is full of educated losers. Only persistence and by two major road projects in the metropolis? The determination can give you the power to succeed.” blame should really be against President Aquino You see, you can succeed just like anyone else. Just keep and the Department of Public Works and Highways. wanting it enough to keep working for it enough. So why not For one, it is clear that the decision to pursue decide today to start going the extra mile on the road to your those projects did not come from the MMDA or success? Ask Jesus Christ to take charge of your life. It’s with Tolentino. They were made by the President and His strength and willpower that you’ll find the determination the DPWH. So, Aquino and the DPWH should have and persistence to succeed—which will pay you big profits. been the ones who should have prepared the traffic Just Think a Minute… contingency plan for the duration of the construction.

T

THINK

In Northern Mindanao, Cagayan de Oro is still the leading tourist attraction the Tourism H i - way in spite of the undeclared

By Ped Quiamjot boycott of the Philippine Me d i c a l As s o c i at i o n t o award a medical national convention to the city. It may be recalled that the Ju l y 2 6 , 2 0 1 3 b o m b i n g at the Lim Ket Kai strip still remains unsolved.

Two of the fatalities and many of the injured were participants to a national medical convention which was held at that time in the city.

Camiguin Island will come strong this summer using Jagna, Bohol as the entry for tours coming from Cebu City. For the first time, Russian tourists who were shivering from the freezing temperature in their homeland will visit the island of fire this April. Russian tourists have a longer average length of stay compared to the Asian tourists and with their spending habits, hotels and resorts revenues could hit a higher ADR. Su m me r i n t he Ph i l ippi ne s i s f u n and f i l l e d with travels and escapades for the young. With the country’s GNP growing, parents spending capacity have doubled fueling student’s educational tours and other domestic tourism activities. The season can also bring misfortunes if the sad state of our public land transportation which is now hitting alarming accident figures is not rationalized. Government and the land transportation sector must address this problem with the non registration of old buses with surplus engines.

The certificate of public conveyance must include provisions for compulsory insurance coverage for the riding public. Many of those buses involved in the accidents were found out to have expired or defective registration papers.

TRAVERSING

Guingona Must Resign for Ignorance?

Philippine Press Institute

Persistence Pays

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That there is no such plan akampi at this point is a fault of Mo A ng Batas Aqu i n o an d t h e DP W H ,

By Atty. Batas Mauricio not MMDA and Tolentino.

F o r a n o t h e r, f o r o n e reason or another, it is quite cle ar t hat t he MMDA or Tolentino were kept in the dark somehow as to when t h e p ro j e c t s w i l l f i n a l l y push through. They were not “in” on the projects, s o m e h o w, a n d s o , b o t h the MMDA as a whole and Tolentino in particular were themselves greatly surprised that the construction were already commencing!

-ooo CHANGE UNBIBLICAL PARTS OF CHARTER: For the ‘nth time, I will say I am for Charter change, no matter the form, if the “people power provisions” in the 1987 Constitution are removed. These provisions allow Filipinos to reb el against duly-constituted authorities, and this is totally against what the Bible commands, par ticularly in Romans 13:1-2, Titus 2:9, 1 Peter 2:13 and Hebrews13:17-18. B ecause of these un-Biblical provisions in the C onstitution, t he c urs e of G o d is up on us and is c ausing our sufferings.

-ooo JESUS IS THE LIGHT, WHO IS GOD: In John 8:12, Jesus, our God and Savior, said He is the “light of the world”. This confirms what Isaiah 9:2 said: “ The people walking in darkness have seen a great light, on those living in the land of deep darkness a light has dawned.”

This “light” is God Himself, according to John 1:1, 4, 5, 9 and 14, and Matthew 1:21 and Luke 1:31, which say that the Light is the Word, the Word which is God who created and gave life to ever ything, the Light of all mankind that assumed human form, and named Himself Jesus. This is the Light that came into the world, but his own people rejected Him. -ooo REACTIONS? Pleas e call me at 0917 984 24 68, 0918 574 0193, 0922 833 43 96. Email: melaniolazomauriciojr@outlook.com, batasmauricio@ yahoo.com and mmauriciojr111@gmail.com.

K

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An Excellent Teacher JUNNIFER G.GUTANG T-III, San Antonio Elem.School Tangub City Division

An excellent teacher is not just someone who explains. Not someone who just demonstrates.

An excellent teacher is someone who inspires. An excellent teacher goes the extra mile. Can take any individual and make them believe, truly believe, that their hopes and dreams are within their reach. An excellent teacher will not let a student walk away until every question is fully explained and completely understood, no matter how long it may take. If the day ends and the pupil still have not understood the lesson plan, an extraordinar y teacher would brainstorm.

He or she would think, “How can I explain this concept to the pupil so that he or she can better understand it?” I intend on being that type of teacher.

The chance to inspire another human being is not an opportunity it’s a challenge. There are too many educators that haven’t accepted this challenge, and it needs to change.

Pupils go to school because they are forced to. Many t i me s l e ar n i ng is not their top priority, but the teacher’s job is to teach.

Unfortunately, it just may not be what the teacher is teaching. Since this is the case, a teacher must not only know his or her content area, they must also be prepared to teach other things such as character, morals, etc., which may prove to be more valuable than knowledge itself. This is the reason I want to become a teacher. I want to inspire the children who will represent the future of our great nation.

MISAMIS ORIENTAL – Vice Governor JOEY G. PELAEZ sponsored the “Training for Coaching and Officiating” last February 1-2, 2014 at Arturo S. Lugod Gym, Gingoog City. Samahang Basketbolista ng Pilipinas – Department of Education Basketball Referee Association Inc. (SBP – DEBRA Inc.) and the MAPEH Department of Gingoog City Comprehensive National High School spearheaded the event which was open and participated by more than 300 participants from various municipalities of Misamis Oriental. He is flanked by (from left to right) Hon. Robert De Lara (ABC – President, Gingoog City), Mr. Lito Asilo, Hon. Roy Aniscal (DEBRA Inc. Chapter President) and Mr. Ramon Reyes. Vice Governor Pelaez is the Chairman of the Committee of Education in the Sangguniang Panlalawigan.

ROTARY CLUB OF CAGAYAN DE ORO RI DISTRICT 3870 Meeting at Seda Hotel, Executive Club Lounge, 11th floor every Thursday

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MetroCDO

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Villar Breaks Ground of Georgia Academy in CdeO

G

ran Europa in Lumbia launches the newest addition to its community, the Georgia Academy Cagayan de Oro Campus.

The ground breaking activity was held last Monday, February 17 at the rotunda near the church of Gran Europa.

It was graced by Manny Villar, the chairman & founder of MBVillar group of Companies together with the executives of the academy led by its Executive Director Ivy Rose Villanueva.

Georgia Academy in Cagayan de Oro is just one of the several networks of Georgia schools in the Philippines.

To date, there are three schools in the network, Georgia Academy in Iloilo and Antipolo – offering the K-12 Program, and Georgia College in Bulacan that offers five major courses namely: Bachelor of Science in Education, Information Technology, Hotel & Restaurant Management, Real Estate Management and Business Administration in Marketing.

This fourth Georgia Academy in Cagayan de Oro will start accepting students for pre-school up to grades 7 and 8 this June.

“We are very glad to launch this newest addition to the Georgia Education System. This launch brings us closer to our vision to be the country’s leading provider of quality and progressive education that will prepare children to be life-long leaners of the community,” said Ms. Villanueva.

The campus will have rooms for pre-school, grade school, computer lab, library, clinic, and cafeteria.

Manny Villar, the chairman & founder of MBVillar group of Companies (2nd from left) and Ms. Executive Director Ivy Rose Villanueva lead the ground breaking ceremony of the Georgia Academy CDO at the rotunda, near the chapel of Gran Europa, this city, February 17. Photo by Shaun Uy

THE NEW GAISANO CINEMA 1 and 4

Concept Design by: Architect Edwin Uy

Photos by: Raphy Arcaina

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Filmmakers converge for 6th Cinema Rehiyon in the ‘City of Golden Friendship’

by Stephen J. Pedroza

E

xpect Cagayan de Oro City to be f looded with filmmakers this week. The red carpet has been rolled out and the silver screens are ready for the Arts month’s biggest gathering of independent filmmakers across the Philippine archipelago.

After months of hard work and detailed planning, the emerging indie film festival dubbed as a “detour from the Manila-centric films,” 6th Cinema Rehiyon kicks off today, February 18.

Under the auspices of Xavier University - Ateneo de Cagayan’s Xavier Center for Culture and the Arts (XCCA), the film harvest is one of the few festivals in the country seeking to educate and empower the Filipino audience with regional stories, pride for local culture and artistic works that exist outside the realm of the capitalistic mainstream cinema.

“Cinema Rehiyon 6 features filmmaking frontiers that could give positive impact and transform our lives for the better. These films will educate us about disaster risk reduction management, climate change, cultural solidarity and other societal issues,” Hobart Savior, XCCA director said on this year’s theme, “Filming the Frontiers.”

From professionals, students, experimental and full-lengths, the event offers a total of 98 films, the highest number of entries since its inception in 2009. The movie screenings run for 5 days, from Feb 18-22 at three different venues simultaneously—Xavier University Little Theater (XULT), SM City Cagayan de Oro Cinema 3 and 4.

Over the years, Cinema Rehiyon has attracted a growing number of storytellers, especially the students to express their ideas through films.

“Why can’t we tell our own story?

Why does it have to be Manila-made?” challenged Dr Miguel “Mike” Rapatan, chairman of the National Commission on Cinema, adding that today’s generation must produce stories with logical sense and social relevance.

Cinema Rehiyon forms part of the Philippine Arts Festival (PAF) celebration “Art on the Edge” of the National Commission for Culture and the Arts (NCCA), in line with Presidential Proclamation 683 of 1991.

Emerging Talents Among the most anticipated films this year is “Ang Walay Kahumanang Adlaw” (Infinite Sun) which director Glenmark “Marky” Doromal described as a love story close to the experimental genre with many metaphorical elements and patches of memories.

Considered one of the country’s emerging talents, Marky started his filmmaking stint during his high school years at Mindanao State University Iligan Institute of Technology (MSU-IIT).

“I was in high school when I made my first film, “Sealed” together with classmates, as a requirement for a subject.

It was not perfect; I had a lot of f laws directing my first short film at a very young age,” he recalled.

“Nonetheless, I wanted to showcase my wildest imagination for an ambitious project. It gave me more than what I expected. It served as a launch pad that gained me a scholarship at De La Salle College of Saint Benilde for a filmmaking program (BA Digital Filmmaking), after joining Cinemagis and Cinema Rehiyon in 2010,” added Doromal who just graduated this year.

Cinemagis Short Film Festival in Northern Mindanao was crafted in the same year as Cinema Rehiyon and top student filmmakers were offered scholarships to pursue the craft of filmmaking.

19-year-old Marky admits he is still building his own aesthetics in gradual pace and keeps himself open to experimenting with various techniques, depending on the demands of the story he wants to tell.

“Filmmaking is very tricky and you could think of a thousand ways to make a film. Right now, I am closer to utilizing visionary or very imaginative elements like there’s some kind of adrenaline to my films … because my heart is in science fiction ever since I was a kid,” he said.

True enough, Marky’s first ever love story shot in Iligan City reaped a rundown of awards during the 2013 Mindanao Film Festival in Davao City where it won Best Film, along with 5 major awards.

Recently, it garnered the awards for Best Actress and Best Production Design at the Nabunturan Film Expo (Simballay Festival), also in Davao City and 3rd Place Short Fiction at the 25th Gawad CCP for Alternative Film and Video.

London-educated filmmaker, Grayem Erezo joins this year’s fest with “Lugdang” (Drowned), inspired by a distressed girl he met at CDO’s Divisoria in 2012.

“She was like mentally drowned,” Erezo emphasized. “I used the word ‘drowned’ because she was drowned physically, mentally and emotionally. She could not even talk. She lost her family during the f lash f lood brought about by [Typhoon] Sendong.”

For tackling the aftermath of the catastrophe, “Lugdang” received the 2014 Cinemagis Special Jury Award for Social Responsibility on Climate Change.

A Mosaic of Different Cultures With screenings expanding every year, local audiences are also growing to match the rise in film quality.

The festival also features a menu of seminars and workshops for aspiring moviemakers and actors in CineLikha with veteran actors Leo Martinez and Rex Cortez as resource speakers and mentors.

This year’s CineTalakayan focuses on the fusion of DRMM and films to compliment the CineBarangay filmshowings to be held in two communities ravaged by Sendong, Brgy Balulang and Xavier Ecoville, the XU-led resettlement village in Brgy Lumbia.

“Part of CineBarangay is giving the communities a multimedia forum on climate change resiliency and disaster risk reduction management,” Savior added.

Moviegoers are only required to bring personal care items for their admission to the screening venues, which will be donated to the Yolanda-lashed places in the Visayas.

This event serves as a platform for filmmakers not just to come together but also to share common struggles and challenges and interact with their audience.”

In the face of globalization, both Dr Rapatan and Savior believe that the interest for regional films among Filipinos must be ignited and rekindled.

On top of the concerns of the Philippine independent filmmaking industry is how to engage the younger generations to Cinema Rehiyon and the other festivals alike.

“We are a mosaic of different cultures and we should showcase that to our country,” Dr Rapatan stated.

“We need to get the word out that our culture— the Filipino culture— is much more complex, much more diverse and richer than those being shown in the commercial films.”

For more information about the festival, visit www.cinemarehiyon.com.

Northern Mindanao Filmmaker Glenmark "Marky" Doromal in one of his journeys through the art of film production. Marky is the director for the short film, "Ang Walay Kahumanang Adlaw" which will be screened on February 19, SM City Cinema 3 as part of the Northern Mindanao Collective category of Cinema Rehiyon 6 film festival. marky hails from Iligan City and is a graduate from De La Salle - College of Saint Benilde for a filmmaking program (BA Digital Filmmaking).

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Economy... from page 2

t he 1987 C onstitution, specifically the provision that restricts foreigners from owning land in the country.

On Monday, Balisacan said he respects the position of the President.

“We need not to be distracted [by that]. For me, you know...I would rather push for these things that I believe and [are] based on the experiences of other countries and our country [in] the past three decades,” he said.

House Speaker Sonny Belmonte has been advocating re v i s i ons t o e c on om i c provisions in the Constitution that he says hamper foreign investment in the Philippines.

At a meeting between House members and business groups on Feb. 12, Belmonte said he is confident his proposal to amend certain provisions in the Constitution will be carried.

“Our success in [passing this proposal] will show that it is possible for the House to pass a bill without fooling around with other parts of the Constitution such as term limits and changing the form of government,” he said.

In December, Senate President Franklin Drilon listed the measures that the Senate will prioritize in the first quarter. Charter change is not among those measures.

— JDS, GMA News

ASEAN... from page 2

Institutionalization of the Philippine Qualifications Framework • Republic Act 10410: Early Years Act (EYA) of 2013 • Republic Act 10533: Enhanced Basic Education Act of 2013 The 3 government agencies learned to closely

coordinate when they had to help put together the Philippine Qualifications Framework (PQF). It seeks to align the country “with international qualifications framework” to make it easier for workers to move to and be absorbed in other ASEAN countries.

In the basic education sector, Pefianco said we are already at par with the rest of the world with the enactment of K to 12. But there’s more work to be done for both public and private schools in view of ASEAN 2015.

According to Luistro that if ASEAN 2015 really pushes through, the travel of students, even minors, will happen because it should be cheaper and therefore there should be more access even to physical travel.

B ecause of that, our curriculum should also be ready both ways – for students to move to another ASEAN country and not to have difficulty being absorbed, and the other way around... we have to be ready also to accept other international students into the DepEd, he said.

Negosyo... from page 3

systems, and by empowering and supporting MSMEs, which comprise 99% of all businesses in the country, it means setting them on a pipeline for development.

“He nc e, t h is bi l l, is a “foundational” and necessary aspect of our countr y’s inclusive growth agenda,” the Senator said.

At the heart of the Go Negosyo Bill is infrastructure and support for MSMEs at the city and municipal level so that each local government is able to boost MSME growth and provide jobs and livelihood for their constituents.

Go Negosyo Bill has been designed to connect to and complement two existing laws: The Magna Carta for MSMEs and the BMBE Law. It deepens the Magna Carta for MSMEs by establishing Negosyo Centers supervised by DTI in each city and municipality as a hub for MSME registration and development. Entrepreneurs of all sizes will know they have a partner in starting and growing their businesses, and getting access to the right kind of training, mentoring, and value chain linkages.

At the Thanks-giving Dinner at Limketkai Luxe Hotel in CDO, Sen. Aquino was accompanied by Rep. R o l a n d o “ K l a r e x ” Uy (1st District), Rep. Rufus Rodriguez (2nd District), and top officials from Camiguin province and Iligan City.

Loan... from page 4

Finance Corporation (PCFC), the ACPC said on Friday.

Un d e r t h e G e n e r a l Appropriation Act of 2013, a P1-billion fund was set aside for the “establishment of a flexible credit facility for the benefit of small farmers listed in the Registry System of Basic Sectors in Agriculture as an alternative to the rigid and stringent credit facilities usually provided by banks.”

“But if we really want to stimulate inclusive growth, this fund [P 1 billion] is not enough, and this will only cover small number of farmers and fisherfolk in the targeted 20 provinces,” LandBank President Gilda E. Pico said.

According to ACPC Executive Director Jovita M. Corpuz, this early, their estimate for the amount of AFFP to be really of ser vice to marginalized small farmers, both within the 20 poorest provinces

initially identified and other provinces, is equivalent to P1.9 billion, “thus, for 2015, we are going to ask for P2 billion additional funding for the program.”

Under the program, the LandBank will directly release funds to eligible farmers while the PCFC will use other small financing conduits, such as cooperatives. This is to encourage cooperatives and other similar ruralbased organizations to assist farmers who are not members of any cooperative and other organization.

In terms of production are a, farmers can loan amount enough to cover five hectares as maximum, while in terms of amount, the ceiling was up to P300,000.

The loan scheme is open to any livestock and agricultural products, except palay.

The loan is payable after every crop or production cycle, with 1.5 interest a month, or 15 percent per annum.

The 20 provinces initially identified to be covered by the program were Abra, Agusan del Sur, Apayao, C am ar i n e s Su r, D av a o Oriental, Eastern Samar, Ifugao, Kalinga, Masbate and Mountain Province.

A l s o i n c lu d e d w e re North Cotabato, Northern Samar, Romblon, Saranggani, Siquijor, Sultan Kudarat, Surigao del Norte, Surigao del Sur, Western Samar and Zamboanga del Norte.

Export...

from page 4 and purse line tuna fishers to use Indonesian navigational lane.

Upon my instructions, the BFAR is also preparing a position paper on the request of the industry for a fuel rebate on taxes and duties rebates for fishers plying the high seas, the statement said.

Tigerair...

SM...

71.6 percent and 68.7 percent, respectively.

The Philippine airline has a fleet of two A319s and three A320s.

From Manila, Tigerair flies to Cebu, Bacolod, Iloilo, Kalibo, Puerto Princesa and Tacloban. From Clark, the budget carrier flies to Hongkong, Bangkok, Singapore and Kalibo.

Last week, Cebu Pacific and Tiger Airways Holdings signed the share purchase agreement for the leading Philippine budget carrier’s acquisition of 100 percent of Tigerair Philippines, including the 40 percent stake owned by Roar Aviation II Pte Ltd. The transaction was valued at $15 million.

As part of the initial stage of the strategic alliance with Tigerair, its Philippine flights will be made available on the Cebu Pacific website and through its other booking channels beginning midMarch.

mostly in the Visayas and Mindanao. The first CityMall will be located on a 12,654 square meter property in Arnaldo Boulevard, Roxas City that the company earlier acquired.

DoubleDragon intends to build a hundred CityMall community malls by 2020.

from page 5

from page 5

Sales... from page 5

p o s t - Y o l a n d a reconstruction boom, sustained influx of re m itt anc e s and b e tte r trade performance. With bright prospects for growth in 2014, the automotive industr y is poised for another banner year with an expected double-digit growth in sales.

AVID has targeted a 10 percent increase in sales this year but said this would be reviewed on a quarterly basis stressing most dealers expect better growth as they have already resolved issues of supply constraints.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2013-346

“Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118,filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) against CRISTINO R. ANG III of Block 8,Lot 6,Xavier Heights,Balulang,Cagayan de Oro City to satisfy the mortgage indebtedness which as of November 14,2013 amounts to THREE HUNDRED ELEVEN THOUSAND NINE HUNDRED TWENTY PESOS AND 32/100 (PHP.311,920.32), including interests and penalty, charges, attorney’s fees and expenses of foreclosure, the undersigned will sell at public auction on April 23, 2014 at 10:00 A.M.to 4:00 P.M. AT THE REGIONAL TRIAL COURT,OFFICE OF THE CLERK OF COURT,HALL OF JUSTICE, Hayes - Mortola Streets, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit:

TCT NO.T-50596 Lot 14, Blk. 10,Psd-10-057664 Lot 1, Pcs-10-003972 United Coconut Planters Bank (Residential) Malanang, Opol, Misamis Oriental ONE HUNDRED TWENTY (120) sq.m. more or less Registered in the name of CRISTINO R. ANG III

Lot Portion of Lot As surveyed for Land Use Location Area

: : : : : :

BUONG KAGALAKAN NA BINABATI KO ANG MGA KAPATID SA IGLESIA NI CRISTO SA BUONG MUNDO SA KANILANG MAPAYAPA, MAAYOS AT MALIGAYANG “ WORLDWIDE WALK FOR THOSE AFFECTED

BY TYPHOON YOLANDA” NA ISINAGAWA NOONG IKA-15 NG PEBRERO 2014.

MULING NAHAYAG ANG TUNAY NA DISIPLINA AT PAGKAKAISA NG KAPATIRAN SA PANGUNGUNA NG TAGAPAMAHALANG PANGKALAHATAN, ANG KAPATID NA EDUARDO V. MANALO. I ALSO EXTEND MY HEARTFELT CONGRATULATIONS TO ALL BRETHREN FOR HOLDING TWO (2) GUINNESS WORLD RECORDS AS The Largest Charity Walk-In a Single Venue and The Largest Charity Walk in 24 Hours-Multiple Venues.

AGAIN, CONGRATULATIONS FOR YOUR NOBLE MISSION OF HELPING THE NEEDY. TO GOD BE THE GLORY!!

All sealed bids must be submitted to the undersigned on the above stated time and date.

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, January 30, 2014 (Sgd.) AL PONCIANO R. DATU Sheriff IV BWM: Feb. 12, 19 & 26, 2014

HON. ZALDY OCON City Councilor 1st District of Cagayan de Oro City

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Solar... from page 1

Lim Solar Ventures headed by its Chairman/CEO Engr. Winston Mendoza and MetroAces Consultant President David Tauli.

Also present were Department of Energy Asst.

Sec. Daniel Ariaso, Sr. and Asec. Matanog Papandi, Sultan Ashary Maongco, manager of Lanao del Sur Electric Cooperative (LASURECO) and a representative from the National Grid Corp. of the Phils. (NGCP).

The solar plant will be the biggest in the Philippines, placing the country second only to Thailand, Asia’s top solar producer, officials claimed.

“This is a game changer for Marawi City. Solar energy will provide cheap energy to our residents,” Mayor Salic said.

Salic and the Islamic City of Marawi entered a Public Private Partnership Agreement with the Lim Solar Philippines, subsidiary of Mendoza Solar Company, for the construction of the solar plant.

The deal will earn P50 million a year for the Marawi local government – 40 percent of the earnings will go to barangays Malimono and Matampay-Cormatan.

According to their website, Mendoza Solar Company is based in California and Nevada “providing renewable energy solutions for all types of property owners.”

Wi n s t o n L o r e n z a n a Mendoza, chair of the solar power company, said that for the project, his company managed to obtain a standby financing of $800 million and another $500 million from a consortium of US banks.

“We are providing Marawi City residents an alternative source of energy. This can be the ticket to other major investments in the future,” Mendoza said.

Salic and the local government provided the 30 hectares of land and another 50 hectares that will be transformed into the Marawi City Solar Photovoltaic Power Park in the rolling hills of Barangays Malimono and Matampay-Cormatan.

In re tu r n , Me nd oz a promised that the solar energy available for Marawi City will be at P3 per kilowatt hour.

The Power Sector Assets and Liabilities Management Corporation (PSALM Corp) supplies the electricity in Marawi City after the Lanao del Sur Electric Cooperative incurred more than P7 billion in debts.

Engr. David Tuali, a consultant who brokered the deal between Marawi and Mendoza Company, said cheap electricity rate is possible under the Feed-in Tariff (FIT) payments from the national government under the Renewable Energy Law. Tuali said under the law, consumers in Marawi City will be exempted from

paying the purchased power component – a reduction in the electricity rate from the present P6 per kilowatt hour to only P3 per kilowatt hour.

“The government will be the one paying Mendoza Company while guaranteeing that Marawi City government will get its share. Everyone wins in this deal,” Tuali said.

Energy Assistant Secretary Daniel Ariaso Jr. said Mendoza Company is required to implement 80 percent of the project eight months after the groundbreaking ceremony Tuesday morning.

“Otherwise the service contract the government signed with Mendoza will be terminated. They cannot go in business. That is how strict the renewable energy law is. We will come back by September this year to inspect the implementation,” Ariaso said.

Mendoza said he expect construction to start by April 1 a soon as the first batches of solar panels from Malaysia and Indonesia will arrive at the port of Cagayan de Oro.

Budget... from page 1

council.

“As of Jan 31, 2014 city has collected above P99 million if we include the cedula for individual business permits,” Dr. Banez said. “If we include the corporate cedulas, we have exceeded P100 million already.”

“If we are to base our target collections based on the budget submitted by the chief executive to the city council, more or less we are already at 55 percent as of January. And we still have February and March, as well as a second, third and fourth quarters,” he added.

Over the same period last year, Dr. Banez said collections reached P275 million, compared to P380+ million to date this year.

“This is an increase of P105+ million or a 38 percent increase including cedula for individuals and corporations.

For corporations we increased by over 100 percent. For indiv idu a l ce du l as, we increased by almost 33 percent or by one third over last year over the same period.”

“For the first month alone, the city council has already been proven wrong in its revenue reduction,” said Mayor Oscar S. Moreno.

“But it’s not a matter of right or wrong but rather of delineation. Revenue generation is an executive function.”

The chief executive said local revenues have been surpassing expectations with record highs. For instance, in Cogon Market where there is an annual registration every second week of February, collections last year reached P686, 000.

“For the first week of February this year, it had already breached P1.397 million,” the mayor stressed.

“That’s over a 100 percent increase for only the first

11

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week!”

He denied there were grumblings by many b u s i n e s s m e n ov e r t h e increase in business taxes.

“Those who complained are the tax evaders. There’s no place for tax evaders here in Cagayan de Oro. We did not impose any new taxes.

Perhaps others were just used to not paying the proper taxes

since these were not collected by the past administration.

But of course, this also meant there was a lower level of service to the people.”

“The more taxes you collect, the more accountable you become because people will be watching you closely.

And that is the essence of decentralization,” he concluded.

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AgriNurture unit leases land

A SUBSIDIARY of AgriNurture, Inc. (ANI) has gained access to land in Davao del Norte to develop into a banana plantation, the listed agribusiness firm said in a disclosure on Feb. 11.

“A g r i N u r t u r e , I n c . received confirmation that its wholly owned subsidiary, B est Choice Har vest Agricultural Corp., through the latter’s subsidiary, Tagum Resources Agri Industries, Inc., executed a contract of lease for long-term lease of a 2,943,254-square-meter parcel of land in Tagum City ... for purposes of developing and operating a banana plantation,” AgriNurture said in its disclosure, without providing more details.

ANI, formerly known as Mabuhay 2000 Enterprises, Inc., was incorporated on Feb. 4, 1997 as an importer, trader and fabricator of post-harvest agricultural machinery, according to the company’s profile on the Philippine Stock Exchange Web site.

Starting 2001, ANI diversified into other various agri-commercial businesses, focusing on the export of fresh Philippine carabao mangoes as its main revenue source.

The company then progressed to producing export-quality processed foods using homegrown fruits. It also currently supplies customers in Hon g Kon g , Mai n l an d China, the Middle East and some European markets with homegrown banana, pineapple and papaya.

ANI’s operations are divided among 15 direct and indirect subsidiaries in the farming, manufacturing, retail, as well as distribution and trading groups.

On Sept. 5, 2011, ANI acquired 51% of The Big Chill, Inc., which sells beverages and food products under the brands “Big Chill”, “Fresh Bar”, “C’Verde” and “Canefusion”.

ANI conducts foreign operations via CaymanIslands-incorporated AgriNurture HK Holdings Ltd., which in turn fully o w n s Au s t r a l i a - b a s e d F r e s h n e s s F i r s t P t y.

Ltd., Hong-Kong-based AgriNurture International Lt d . , a n d Sp a i n - b a s e d ANI AgriNurture Europe Sociedad Limitada.

ANI itself also has a 51% stake in Hong-Kongbased Sunshine Supplies International Company Ltd., while unit AgriNurture HK has a 51% stake in Joyful Fairy (BVI) Ltd. ANI also entered into a master license agreement with Singaporean company Tully’s Coffee International Pte. Ltd. for the operation of coffee shop and sale of coffee products under the brand “Tully’s”.

ANI profits slipped by 1.04% to P100.87 million as of September last year from P101.93 million in the same nine months in 2012.

Revenues grew 17.73% to P2.768 billion from P2.351 billion, while operating expenses rose by a faster 25.61% to P419.416 million from P333.905 million.

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