Issuu

BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 89

Market Indicators

As of 6:16 pm jan. 13, 2015 (Tuesday)

FOREX

PHISIX

US$1 = P44.77

7,399.00 points

X X Briefly 40.64

cents

points

Biz permit payment THE City Treasurer here on Tuesday warned that an extension of the payment of business permits beyond January 30 is illegal. City Treasurer Glenn Banez said that under the local government code, the payment and renewal of business permits start on January 1 until January 20 every year. Banez issued the warning after receiving reports that the City Council has allegedly passed a resolution extending the payments and renewals of business permits until March 31,2015. He said that any extension of the payments and renewals of business permit fees must come from the recommendation of the City Treasurer only.

Sasa Port THE P18.99-billion Davao Sasa Port Modernization project will be the first public-private partnership (PPP) project to be rolled out this year, with the Transportation department set to publish the invitation to bid within the week. Department of Transportation and Communications (DoTC) Secretary Joseph Emilio A. Abaya told reporters on the sidelines of an event in Quezon City on Wednesday: “We have to meet again because Friday is our deadline to publish the invitation to bid. That’s what the BAC told us. We just have to finalize some minor details.” This represents a twoweek delay from his earlier announcement last month, saying “Davao Sasa will be able to publish an invitation to bid before Christmas.”

P15.00

Oro council overrides Oca’s veto on budget www.businessweekmindanao.com

By Philippine News Agency

N embattled City Mayor Oscar Moreno on Tuesday said he would not recognize the city council’s approved P2.08-billion budget for 2015. The majority bloc members of the City Council here on Monday approved the city government’s 2015 budget amounting to P2.08 billion after the august body decided to override Moreno’s veto of the proposed budget. A peeved Moreno announced over the radio that he would seek legal remedies with the Department of Budget and Management (DBM) to reject the approved 2015 budget here. Earlier, the City Executive submitted a proposed P3.8-billion budget for 2015. Moreno said that the proposed budget would cover the various projects of the city government this year.

The City Council, however, found Moreno’s proposed P3.8-billion budget unattainable and scaled it down to P2.08 billion, down by about P1.7 billion. More n o ve t o e d an d returned the P2.08 billion when the City C ouncil endorsed it for approval by the City Executive. During the regular session on Monday, the City C ouncil, however, overrode Moreno’s veto and approved an ordinance for the implementation of the P2.08-billion budget for 2015. City Councilor Prexy Elipe, chair of the city council’s committee on finance, ways and means,

Wednesday | January 14, 2015

said that the local august body approved the 2015 based on the income and expenditures of the city government in 2014. He said that Moreno h a s prop o s e d a “ lu mp sum” budget of more than P 1.2 billion in 2015 - in addition to the P2.3 billion budget in 2014 - without an accompanying program of works on what, where, and how the money would be spent. E l i p e s a i d t h at t h e city council has invited concerned department heads during the budget hearing in November to defend the proposed budget of their departments, but they did not come because they traveled abroad with the City Mayor. “ We , a t t h e C i t y C ouncil, cannot simply approve a budget without a corresponding program of work. We are simply protecting the interest of budget/PAGE 11

EMBATTLED. Cagayan de Oro City Mayor Oscar Moreno vows to seek legal remedies as the City Council rejected his veto power thereby approving the city’s P2.08-billion budget for 2015. photo by mark francisco

Water project proposed to rival Aboitiz venture By CARMELITO Q. FRANCISCO, Correspondent

DAVAO C it y - - C ebu based firm HelpMate, Inc. has submitted a proposal to develop the city’s main river system, the Davao River, into

a potable water source aiming to rival the P10-billion bulk supply project of Aboitiz Equity Ventures, Inc. (AEV) project/PAGE 11

Tourism law amendment mulled THE Land Transportation, Franchising and Regulatory Board (LTFRB) and the City Tourism Office are supporting the move to require all Tourist

Transport Drivers (TTD) to undergo tourism orientation seminars. This will be conducted law/PAGE 11

COAL DELIVERY. MV Sabrina, the Panamanian-flag vessel which delivered the first shipment of coal fuel starting last week to the Therma South 300-MW thermal power plant in Davao City. The power plant is on its testing and commissioning phase as it prepares for its commercial operations this year. The power plant will serve 23 electric cooperatives and distribution utilities in Mindanao, including Cagayan de Oro Electric Power and Light Co.

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

BusinessWeek MINDANAO

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

P101-M school building breaks ground in CDO THE groundbreaking of school projects worth Php 101 million would start in various barangays here on Wednesday, a lawmaker said. Rep. Rufus Rodriguez, of Cagayan De Oro City, said on Tuesday that the project involved the construction of seven public elementary and high school buildings here. He said that the construction of the seven school buildings would have a total of 72 classrooms.

Rodriguez said that the project, funded by the Department of Education, would be implemented by the Department of Public Works and Highways (DPWH). The public school division has submitted the proposed school building project in the congressional district, which also endorsed the approval and funding to the appropriate government agencies, Rodriguez said. (PNA)

Economy

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

Solon hails resto management for implementing half-cup rice law THE chair of t he City C ou nc i l c om m itte e on agriculture and fisheries and author of Ordinance No. 126885 2013 expressed her gratitude and lauded restaurant managements for complying with the provisions of the ordinance. The law requires food establishments to include one-half cup ser ving of rice in their menu with the corresponding one-half price as an option for public customers. According to councilor Annie Daba, chair of the City Council committee on agriculture and fisheries, that she personally noticed their compliance especially during the long holidays. “Nag family dinner kami sa pipila ka mga restaurants

ug ako mismong nabasa diha sa ilang mga menu ang half cup rice ug ang presyo niini,” (We had dinner in several restaurants and I personally read on their menu the half cup rice and its price), she said. In Nov e m b e r 2 0 1 3 , councilor Daba authored the ordinance in support to Presidential Proclamation No. 494 of President Benigno Aquino III to promote the responsible consumption of rice. The ordinance includes re st au r ant s , c afe te r i as, caterers, fastfood chains and other related food services. “Kini makatabang og dako ilabina adtong nag control sa gidaghanon sa ilang rice matag kaon, ug malikayan ang pag usik sa sobra,” (This will greatly

help especially those who are controlling their intake of rice and we can refrain from wasting rice), Daba said. As prov i d e d i n t h e ordinance, owners of food establishments who will not comply will be penalized with the following administrative

fines: P1,000 for first offense; 2,000 for 2nd offense and P3,000 plus cancellation of the business permit for the third offense. Daba reiterates her appeal to food chain customers to help monitor compliance to the ordinance and to report any violation to authorities.

ARMM conducts work and financial plan preparation confab M A R AW I C i t y - - T h e Regional Budget ad Management Office of the Autonomous Region in Muslim Mindanao (RBMOARMM) conducted a oneday workshop on work and financial plan preparation for planning and budget

officers of locally funded agencies in the region. The activity was aimed at capacitating key personnel on proper budget implementation through a detailed work plan. My lene Mac us ang , RBMO executive director, s aid t he workshop was i nt e n d e d t o c ap a c it at e finance personnel to proper utilization of resources through efficient budget execution. She said her office will closely monitor the compliance of every agency to the work and financial plan they submitted. “The work and financial plan is the blueprint which will serve as gauge of their performance,” she said. confab/PAGE 10

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

Nickel Asia’s ore shipments up more than a fourth in 2014 MORE shipments by Nickel Asia Corp (NAC) increased by at least a quarter in 2014, as the company benefited from higher prices brought about by Indonesia’s export ban of the mineral. In a disclosure to the Philippine Stock Exchange, the country’s largest nickel miner said it shipped 17.9 million wet metric tons (WMT) last year, a 28 percent increase from the 14 million the previous year. The volume shipped was worth P23.7 billion, a 130 percent increase from the P10.3 billion in 2013. “We are extremely satisfied with our achievements in 2014. We were able to surpass our sales targets and capitalize on the strong prices which prevailed for most part of the year,” NAC president

Gerard Brimo said, citing the positive impact on prices of Indonesia’s ore export ban. Ore sold to Japanese and Chinese customers were priced at $45.11 per WMT, at least double the $21.28 the previous year. Nickel Asia increased exports to 10.47 million WMT in 2014 from the previous year’s 9.72 million. As for ore shipped to t h e t wo h i g h - pre s s u re a c i d l e a c h a t e ( H PA L ) processing plants of Nickel Asia’s affiliates, the ore was pegged to the London Metals Exchange prices, averaging $7.69 per pound, up from a year ago’s $6.70. Also boosting shipments last year was higher pro duc t ion of t he t wo processing plants. Deliveries shipments/PAGE 10

CorporateWorld

wednesday|JANUARY 14, 2015

Cebu Pacific penalized for delayed, cancelled flights THE government has penalized C ebu Pacific ove r f l ig ht d el ay s and cancellations during the Christmas rush at the Ninoy Aquino International Airport Terminal 3 (NAIA3). “After considering all available data and arguments, the CAB Board concluded that the main culprit was Cebu Pacific’s operational lapses and mishandling of passengers,” Carmelo Arcilla, executive director of Civil Aeronautics Board, said in a text message. Given this, the CAB issued a strong reprimand and fined Cebu Pacific in the amount of P52.211 million. “The fine is based on a

finding by the Board that Cebu Pacific’s operational lapses and passenger mishandling constitutes a breach of the basic condition of its Certificate of Public Convenience and Necessity, i.e., to provide proper, suitable, convenient, safe, adequate and reliable air transportation services,” Arcilla said. CAB also required Cebu Pacific to establish and maintain appropriate service standards for all its personnel, organic and outsourced, especially those manning the check-in counters. According to data that Cebu Pacific submitted to the panel last December 29, the

budget carrier had a total of 20 cancelled flights and 288 delayed flights at the NAIA3 from December 24 to 26. Representatives of Cebu Pacific were unavailable for comment as this went online, but the budget carrier had

blamed the flight delays and cancellation on the “air traffic congestion, compounded by inclement weather in some regions.” L a t e r, t h e c a r r i e r spokesman Atty. Jorenz cebupac/PAGE 10

Phinma’s first wind farm in Visayas starts supplying power THE PHILIPPINE Investment Management, Inc. (Phinma) group’s maiden wind farm in Guimaras island has begun delivering power to the Visayas grid, it said in a statement yesterday. The Phinma group built its first wind power project in the Visayas region through Tr an s As i a R e n e w a b l e

Energy Corp. (TAREC). TAREC is a wholly owned subsidiary of listed firm Trans-Asia Oil and Energy Development Corp., which PHINMA owns. The 54-megawatt (MW) wind farm, located in San L ore n z o i n t h e i s l an d prov i nc e of Gui mar as , consists of 27 wind turbines

with an installed capacity of 2 MW each. The project supplies power to Panay island through a submarine cable connecting Guimaras to Iloilo province. “The wind in the area is better than expected. Since we began operations, we were able to supply Panay a peak of 52 MW or 96% of our

rated capacity,” Danilo Panes, vice-president of TAREC, said in the statement. “ The new power our project supplies to Panay reduces its reliance on power from Negros, frees up transformer capacity, and increases the reliability of its connection to the Visayas grid. This in turn frees up

Panay’s interconnection capacity with the Visayas grid for future growth.” TAREC first forayed into wind energy development in 2005, when it installed a wind measuring device in Sual, Pangasinan, according to Trans-Asia’s regulatory filing last year. In 2007, that measuring

device was transferred to San Lorenzo in Guimaras after initial data showed “less than favorable wind resource in Sual,” Trans-Asia had said. TAREC currently has 12 wind energy service contracts with the Department of Energy. Those areas were found to have a potential capacity of about 400 MW.

BusinessWeek MINDANAO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

BusinessWeek MINDANAO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449

LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

non-reserve days. “All banks and non-banks with quasi-banking functions are advised to make the necessary prior arrangements to ensure smooth operations leading to and immediately after the dates covered by Proclamation No. 936,” the central bank said.

The BSP’s turnabout comes after Philippine St o ck E xch ange ( P SE ) chief executive Hans B. Sicat warned that sudden declarations of non-working holidays would impair the country’s competitiveness, turning off investors in the stock market.

Banks to keep select branches Banks extend retreat open during Papal holiday from Asian bond marts

BANKS will keep only select branches open for the duration of Pope Francis’ visit to the Philippines. In an advisory, Bank of the Philippine Islands (BPI) said clients in the National C apit a l R e g i on ( NC R ) should complete banking transactions before the long holiday, which starts January 15 and ends January 19. The Ayala-led lender said BPI and BPI Family Savings Bank branches in Metro Manila will be closed after Malacanang declared a nonworking holiday on these dates. Branches outside Metro

Manila however will observe regular banking hours. As well, mall branches and kiosks with weekend operations will open to serve clients, including the processing of deposits, withdrawals, bills payment, foreign exchange, account openings, among other commercial banking functions. BPI and BPI Family clients may also transact using ATMs, Express Deposit machines, internet, mobile and phone banking channels (89-100) for convenience. “While these electronic banking channels are available banks/PAGE 10

HONG KONG -- Some global banks pulled back from Asia’s local currency bond markets in 2014, hit by increasingly stringent capital requirements and declining revenues, res earcher Greenwich Associates said on Monday, creating new opportunities for local operators. “ F r o m t h e d e a l e r s’ perspective, maintaining a franchise in domestic currency Asian bonds is a very expensive and very capital-intensive proposition,” said Abhi Shroff, a Greenwich Associates consultant in Singapore. The pull-back by global

institutions has created opportunities for domestic banks such as KDB Daewoo S e c u r i t i e s a n d Wo o r i Investment & Securities in South Korea, ICBC, Bank of China and CITIC Securities in China, ICICI Securities and Axis Bank in India, and CIMB and Maybank in Malaysia, Greenwich said. Large global banks have steadily pulled out of the Asian local currency bond markets because they could not compete with local players on costs, especially when revenue flow began to slow down. retreat/PAGE 10

RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

LBP – VELEZ LunaVelez St. | 723549/8563198

Metro Manila however will remain open. The central bank took back the suspension of PhilPaSS operations on January 19, which is the last day of the Pope’s visit. Similarly, the BSP Cash Department at the Security Plant Complex will open that day to transact cash withdrawals. The BSP Manila head office however will remain closed and will not undertake foreign exchange or swap transactions and open market operations. As such, the reser ve position computed at the close of the business week on January 14 will be carried up to the 19th as the special non-working days during the pope’s visit are considered

RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678

THE Bangko Sentral ng Pilipinas (BSP) has cut short the holiday it earlier announced for the duration of Pope Francis’ visit to the country. BSP Governor Amando M. Tetangco Jr. issued Memorandum No. M-2015003 to clarify that only the Philippine Payments and Settlements System (PhilPaSS) and the BSP Manila head office and Quezon City Security Plant Complex will be closed on January 15-16. Foreign exchange or swap transactions, as well as open-market operations – transactions in repurchase or reverse repo agreements and special deposit accounts – would also be suspended. BSP branches outside

RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678

Bangko Sentral amends Papal holiday declaration

RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395

Banking&Finance

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

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

DEPED MISAMIS ORIENTAL DIVISION ARAW NG PARANGAL – VICE GOVERNOR JOEY G. PELAEZ invites Ms. Carelle Mangaliag during the 3rd Araw ng Parangal of the Department of Education (DepEd) Division of Misamis Oriental at The Atrium, Limketkai Center, Cagayan de Oro City. Ms. Mangaliag is a top rate corporate speaker from Manila who electrifies her audience with her energy and boosts them with motivation. (Photo, from L-R; Vice Governor Joey G. Pelaez, MisOr Assistant Schools Division Superintendent Jean G. Veloso, Ms. Carelle Mangaliag and MisOr Schools Division Superintendent Cherry Mae L. Limbaco)

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

wednesday|JANUARY 14, 2015

BusinessWeek MINDANAO

Opinion

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

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

NELSON CONSTANTINO Editor-in-Chief

ALLAN mario MEDIANTE Executive Editor

Alejandrae Uy

cHENG oRDOñEZ

Section Editor

Associate Editor

SHIELA gosanes

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Joe felicilda joe palabao Editorial Consultants

Layout Artist

Advertising

Cell No: 09352379999

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

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Friday to Sunday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2014-04917, TIN No. 946396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424

Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com Member: Philippine Press Institute

Start Again

hink a minute…How will you celebrate Christmas? With presents and Christmas songs? A big feast with your family? It’s funny how our birthday is such a big, important e vent to us w hen we’re children. We can hardly wait a whole year before ou r n e x t bi r t h d ay. B ut when we’re older, it’s the opp osite. The ye ars f ly by and we seem to go “straight from pimples to wrinkles! So by the time our face cle ars up, our mind gets fuzzy!” They say the two greatest days of your life are the day you’re born and the day you discover why you were born. You know, Je s u s C h r i s t w a s b o r n just so you and I could finally know why we were born. It’s sad that some p eople live their whole lives and die without ever even knowing why they were born. It’s like doing something the wrong way all your life without ever knowing there’s a right way to do it. So it’s only natural that the one Person Who knows the right way our life works is the One Who made us. Jesus Christ, who’s God the Son, said that for us to know why we were born we have to first be born again. What did He mean by that? Simply that we

THINK

A Minute

By Jhan Tiafau Hurst

e ach must st ar t life a l l over again by asking Jesus to forgive us for our past wrongs and living our own way. Then we must let Him take full control of ever y area of our life every day. Jesus does not want us to have religion. He wants us to have a daily, personal rel at i onsh ip w it h Hi m . This is why Jesus died and came back to life: so you could be forgiven and free f rom you r p a s t , w rong life. He’ll show you how to start living His right, successful way ever yday for the rest of your life. So why not make today the greatest day of your life? You c an b e b or n ag ai n right now, if you’ ll just ask Jesus for His free gift of forgiveness and your n e w l i f e . It’s t h e m o s t important choice you’ ll ever make, and the one you’ll never regret. Just Think a Minute…

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

Tax rebate to buyers of renewable energy device or system

wo lawmakers are seeking the granting of tax rebates to individuals who purchase renewable energy devices or systems. Such proposal could entice the private sector and the public to shift to renewable energy. One of the stumbling blocks to the shift to renewable energy sources is the huge cost that would burden the government. To reduce the cost, it is better to tap the private sector and the public to help in the global effort of shifting to renewable energy systems, the lawmakers argued. It is just timely o give tax rebates to business entities and individuals as incentives to encourage the private sector and the public in general to join the shift to renewable energy, Everyone must realize now that the climate change threat is not

editorial a mere speculation but a reality as shown when we were hit by super typhoon s recently. It is now an established fact in the scientific community that carbon emission has caused global warming and has eventually led to climate change. The need to shift to renewable energy sources has already been agreed upon by governments worldwide, but the pace of the shift is slower than slow. Ho u s e B i l l 4 7 1 6 , i f it becomes a law, would establish the policy that the State should promote the use of renewable energy to combat global warming that causes climate change. Hopefully, this would

be more than just talks. T he Bi l l sp e c i f i e s t h at the Bureau of Internal Revenue (BIR) shall, upon request by an individual taxpayer, make a refund the amount not exceeding 50 percent of the tax he has paid for the immediately preceding taxable year or P50 million, whichever is lower, as rebates for the t a x p ay e r’s pu rc h a s e of renewable energy devices or comp onents such as Solar panels and, or support components Wind turbines, assembly, parts and, or support components; Hy d r o e l e c t r i c s y s t e m , parts and, or components; Inverter parts, assembly or components; Charge controller parts, assembly or

components; Power shortage batteries of any kind; and other renewable energ y system or components as certified by the Department of Science and Technology ( D O S T ) . How e v e r, t h e amount of rebates should not exceed 60 percent of the amount of the purchase of renewable energy devices or components or system. Make no mistake about it. Renewable energy is the form of producing energy from environment- friendly sources such as solar, wind, hydro, geothermal, sea waves and other similar sources, which do not employ the use of fossil fuel, such as coal, or the likes of it. Renewable energy is the only hope for a better future. Other sources of energ y only destroy and pollute our environment, and threaten the extinction of all forms of life.

Battles that changed the course of history (2)

n a previous article, we wrote about the Battle of Leyte and the series of naval battles collectively called as the Battle of Leyte Gulf. T h e B att l e of L e y t e was the first major land of fe ns ive by A m e r i c an and allied forces to retake the Philippines. It started with the landings in three Leyte beaches on October 20, seventy years ago, and ended with the complete liberation of the island two months later. The Battle of Leyte Gulf, on the other hand, took place in 5 different naval arenas – Palawan Passage, Sibuyan Sea, Surigao Strait, off Cape Engano and off Samar. Between October 23 to October 26, 1944, the US Navy and the Imperial Japanese Navy slugged it out with planes and warships. At the end of 4 days, remnants of the badly mauled Imperial Japanese Navy limped home to Japan. For the rest of the war, the Imperial Japanese Navy ceased to function as an effective force. With the retaking of Leyte, General McArthur planned his second major land assault. McAr thur chose Lingayen Gulf as his next invasion point. Subsequent smaller amphibious landings were also planned for Subic Bay and Nasugbu, Batangas. The Lingayen Landing “..would place his troops close to several roads and railways on Luzon, which led to Manila—the main obj e c t ive—t hroug h t he plains in the center of the island.” But before the Lingayen

invasion, McArthur wanted to ensure effective landbased aircraft support for his troops. To achieve this, McArthur’s forces, aided by Filipino guerillas, fought between December 13 and 16, 1944 what is now known as the Battle of Mindoro. Mindoro fell in just three days. “With the capture of Mindoro, US forces were able to establish airfields there, which would be in fighter range of Lingayen Gulf.” An interesting footnote: Despite the fall of Mindoro, a handful of Japanese soldiers refused to surrender. They continued to wage guerilla operations for almost thirty years until one by one, they were either killed or captured. The last holdout was Lt. Hiroo Onoda, who surrendered only in 1974. O n o d a’s f o r m e r commanding officer, Major Yoshimi Taniguchi, had to make the trip from Japan to Lubang island where Onoda had been waging war by his lonesome. Taniguchi rescinded his order given to Onoda “to keep fighting and not to surrender.” Thus deeming himself properly relieved of duty, Onoda surrendered his samurai sword and Japanese rifle. President Ferdinand Marcos immediately pardoned Onoda for any war offenses and Onoda was immediately repatriated to Japan where he became an instant celebrity. Years later, Onoda printed his book - No Surrender: My Thirty-Year War. Lingayen Gulf became a strategic theater of

operations during World War II for both the Japanese forces and the Allied Forces. Three years earlier, on December 22, 1941, the forces of Lt. General Masaharu Homma landed at various points – Agoo, Caba, Santiago and Bauang – before pushing towards Manila. Now it was the Allied forces’ turn. On January 6, 1945, US ships commanded by Admiral Jesse Oldendorf started bombarding Japanese positions along Lingayen Gulf. The prel and i ng b omb ard me nt , far from terrifying local residents, sounded like music to their ears. “O n t he 8 t h , it w a s observed that in the town of Lingayen… Filipinos had begun to form a parade, complete with United States and Philippine flags; fire was shifted from that area.” On January 9, the US 6th Army, under the command of General Walter Krueger, started their beach assault. The flamboyant McArthur made his second dramatic beach landing in less than three months. “A t o t a l o f 2 0 3 , 6 0 8 soldiers eventually landed over the next few days, establishing a 20 mile (32 km) beachhead, stretching from Sual, Lingayen and Dagupan to the west and San Fabian to the east.” The beaches were lightly defended against Allied troops who fast advanced inland. It was the desp erate Kamikaze pilots who provided the biggest t h r e a t t o O l d e n d o r f ’s invasion armada. “From 4–12 Januar y, a total of

SPEAKING

O ut

By Ignacio Bunye

24 ships were sunk and another 67 were damaged by kamikazes; including the battleships USS Mississippi, New Mexico and Colorado, the heavy cruiser HMAS Australia, the light cruiser USS C olumbi a and t he destroyers USS Long and USSS Hovey.” From Lingayen, Allied troops pushed southward. A l o n g t h e w ay, A l l i e d troops handed out rifles and grenades to Filipino resistance fighters. They also liberated Filipino and American troops who have b een interned in C amp O’Donnell in Capas, Tarlac since the fall of Bataan. B e fore long , A l li e d troops were knocking at the gates of Manila. Last Friday, ( January 9) the 70th anniversary of the Lingayen Landing was marked as a special day in the whole of Pangasinan. It also coincided with the observance of Pangasinan Veterans Day which was institutionalized by a provincial board resolution approved by Pangasinan Governor Amado Espino, Jr. in 2008. Note: You may email us at totingbunye2000@gmail. com.

VISIT OUR WEB PORTAL

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

BusinessWeek MINDANAO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

BusinessWeek MINDANAO Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

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

wednesday|JANUARY 14, 2015

Congratulations to the winners and THANK YOU to our valued Presenters and Sponsors

In cooperation with…………………

• The ROTARY CLUB of CAGAYAN DE ORO

FINALISTS: FINALISTS FOR NEWS WRITING COLLEGIATE CATEGORY M9s1m1

1. 2. 3. 4. 5.

Ju Nice Marban, PhinMa, COC (WINNER) Rezza Mae B. Tolinero, Xavier University Yellen Dianara C. Bacolod, MUST DARYL H. BAO, Mindanao University of Science and Technology Alemania, Cristeah A., Gingoog Christian College

FINALISTS for NEWSWRITING HIGH SCHOOL CATEGORY 1. KIMBERLY Q. LOFRANCO – Gingoog City Compr HS (WINNER) 2. CARY LOVE YBANEZ - Kauswagan NHS 3. PRINCESS LOU CARPENTERO - Bukidnon National High School 4. CHRISTINE ROSE RANELIE – Ozamiz City National High School 5. BENESS C. PANUGAN - Aloran Trade High School

FINALISTS for FEATURE WRITING COLLEGIATE CATEGORY 1. Ariana Cristelle L. Pagdanganan, Xavier University 2. Egypt F. del Rosario, Phinma-COC 3. Gabrielle V. Aranas, MUST (WINNER) 4. Regina Mitchell Louise T. Ador, MUST 5. Alonto, Glysedi Vive B, Bukidnon State University

FINALISTS for FEATURE WRITING HIGH SCHOOL CATEGORY 1. Maria Inez Roa, Corpus Christi, Cagayan de Oro 2. Mharvy C. Carcallas, SCONCHS, 3. Jilliane S. Bogida, Gingoog City Comprehensive National High School 4. Liezl Evangelista, Aloran Trade High School, Mis Occ 5. Warren Olimberio, Impasugong National High School (WINNER)

FINALISTS for SPORTS WRITING HIGH SCHOOL CATEGORY 1. Justine Jay T. Cañeza, KNHS, Cagayan de Oro 2. Jerlie V, Belida, Tudela NCHS 3. Bern Erick M. Quinol, GRSHS-X(WINNER) 4. Fidel Joseph L. Lopez, Bukidnon National High School 5. Yvonne I. Lamigo, Valencia National High School

FINALISTS for SPORTS WRITING COLLEGE CATEGORY 1. Crisanti B. Salde, Xavier University 2. Jun Geiane Clyde Alih, Phinma-COC (WINNER) 3. Jose Victor M. Bacsarpa, Phinma-COC 4. Lumaban, Nonolzska W., Gingoog Christian College 5. Orial, Lovelyn D., Bukidnon State University

FINALISTS for SCIENCE REPORTING COLLEGE CATEGORY 1. Jaymaica P. Maraguinot, XU, Cagayan de Oro (WINNER) 2. April Rose Gahucom, MUST 3. Needheart Ranken A. Obenita, PHINMA-COC

FINALISTS for SCIENCE REPORTING HIGH SCHOOL CATEGORY 1. Zaira Mae G. Dehing, KNHS, Cagayan de Oro 2. Shienna Mane G. Amorio, GRSHS-X 3. Justyn Clear P. Salise, Philippine Southfield School 4. Rachelle B. Masinading, Bukidnon National High School (WINNER) 5. Bellelyn A. Cabresos, Gingoog City Colleges

FINALISTS for PHOTO JOURNALISM COLLEGIATE CATEGORY 1. Jade Alfie V. Sale, Xavier University- (WINNER) 2. Jay Mark Crisostomo, PHINMA, COC 3. Renz Marion F. Osa, Mindanao University of Science and Technology 4, Regin Marie C. Gomez, Gingoog Christian College 5. Karl Oliver Delapeña, Mindanao University of Science and Technology

FINALISTS for CIVIC JOURNALISM CATEGORY 1. Shiela M. Fernandez, DepEd Cag de Oro (WINNER) 2. Jumel P. Parnocillo, Clarin Mis.Occ. 3. Decius Esmedalla, Cag de Oro 4. Cheeney C. Baula, Cag de Oro 5. Joey C. Valenzuela

FINALISTS for PHOTO JOURNALISM HIGH SCHOOL CATEGORY 1. BRINKLEY ANGELI S. DETICIO, Bukidnon Natl High School, Malaybalay 2. RAFAEL JOHN G. VELOSO, Ozamiz City National High School (WINNER) 3. DOREEN DAITOL Kauswagan NHS Caption 4. ANGELOU D. LIBUTAN , Looc National High School, Plaridel, MisOcc 5. RITA ENDRINA, Gingoog City FINALISTS for BUSINESS REPORTING CATEGORY 1. Charlin S. Mejorada, Mis. Occ. 2. Jumel P. Parnocillo, Clarin Mis.Occ. 3. Pablita A. Delgra, Cag de Oro 4. Nicole N. Aballe, Cag. De oro 5. Cesar Stefan Rago, Cag de Oro (WINNER)

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

AgriBusiness

BusinessWeek MINDANAO Best in Business and Economic Reporting

9 Solon writes to Pope Francis, ‘Yolanda’ devastation weighs seeks agrarian reform support on PH coconut oil exports A LAWMAKER has asked Pope Francis to express support for agrarian reform during the papal visit to the Philippines so that a bill extending its implementation will gain traction in the House of Representatives. I f u g a o R e p. Te d d y Baguilat, chairman of the House committee on agrarian reform, sent a letter to Pope Francis last week asking the pontiff to back calls for the completion of the agrarian reform program in the Philippines. “I write to you partly with a sense of despair as I seek your prayers for the poor and landless farmers and indigenous peoples in the Philippines. More specifically, I beseech your support for the continuation and completion of agrarian reform in our country,” Baguilat wrote. Po or far mers and indigenous peoples comprise 40 percent of the Philippine population, the lawmaker noted, telling the pope that they remain among the poorest sectors and stand to benefit if His Holiness openly expresses support for agrarian reform during his visit. “I am aware that you have many concerns in leading the Catholic faithful

across the world, but the dire situation of the Filipino poor, especially the farmers and indigenous peoples, calls for your kind intercession. I therefore hope that you will pray for the triumph of justice in the Philippines through the successful completion of our agrarian reform program,” he said. Farmers earn an average of P250 or $5.50 per day during the cropping cycle, usually for rice. This is half of the Philippine minimum wage of P466 or $10 per day and below the average cost of living pegged at around P1,000 or $23. Baguilat’s letter was supported by farmers groups, employees of the Department of Agrarian Reform and church leaders including bishops of the Catholic Bishops Conference of the Philippines. Undistributed lands House Bill 4296, w h i c h ai ms t o e x t e n d the land acquisition and distribution component of the Comprehensive Agrarian Reform Program (CARP) until 2016, has been pending at the committee level since last year. The measure was returned to the panel even after it released a committee report in early 2014 due to the

DA to expand rice R&D efforts to boost output THE Department of Agriculture (DA) on Tuesday said that it will be expanding its research and development (R&D) efforts on rice this year to help further improve production of the staple. Agriculture Secretary Proceso Alcala said the DA i s a l s o re a dy i ng p l a n s t o i nt e n s i f y t h e commercialization of diversified and integrated rice-based farming systems such as Palayamanan t o i n c re a s e f ar m e r s’ productivity and incomes. “In Palayamanan, farmers are taught to combine rice growing with the cultivation of vegetables and other high value crops as well as fish and livestock raising,” the Agrulculture chief explained. DA promotes t he your one-stop

technolog y through the Philippine Rice Research Institute (PhilRice) and the National Rice Program. The DA chief noted that rice production in the Philippines has been on the uptrend for the past three years. Between 2010 and 2013, milled rice production grew by an average of 4.04 percent according to PhilRice. For 2014, palay harvest is projected to reach 18.88 million MT, 2.4 percent bigger than the 2013 record output of 18.44 million MT. Alcala said the entire country owes this to the farmers who tirelessly worked to lead the country towards greater rice sufficiency and increased food security. expand/PAGE 10

print engineer!

twinbee print ads

Printing

(088) 880 0140 09167442406 l 09069189896 09173057798

www.twinbeeprintadscorp.com

contentious provisions which were supposedly opposed by several sectors. B agui lat had e arlier appealed to House leaders to tackle the measure at the plenary before Congress adjourned for the Christmas break but this was thumbed down by House Majority Leader Neptali Gonzales II. According to the House committee on agrarian reform, some 730 million hectares of land, most of which support/PAGE 11

MORE than a year after Typhoon ‘Yolanda’ struck, its impact is being felt by the Philippines’ coconut industry. United C oconut Association of the Philippines (UCAP) executive director Yvonne Agustin said coconut oil (CNO) exports between January and November of last year reached 751,608 metric tons (MT), or a quarter below the shipments in the same 11 months of 2013. In Novemb er alone, shipments reached 58,030

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

MT, or 43 percent more than the 40,370 in the same month of the previous year. The Philippines exports at least 70 percent of its coconut oil, of which 80 percent is shipped to the US and Europe. CNO is used in food preparation, cosmetics and energy. “ We h a v e m a d e improvements in terms of shipment. But if you will remember, we have a low baseline over the past two years. Also, the November

shipments were still much lower than our average monthly shipment of 80,000 MT,” Agustin said. Given this, Agustin is not bullish about hitting exports target for the entire 2014, blaming the likely shortfall on the damage inflicted by “Yolanda” in 2013. “ There’s a continued tightness in supply of copra, which is the raw material for coconut oil. Recovery for the sector may take as much as Exports/PAGE 11

GAME OF THE GENERALS “THE SIEGE” in cooperation with PhilGGo (Philippine Game of the Generals Organization)

WHAT? - OPEN TOURNAMENT WHEN? - FEBRUARY 8, 2015 WHERE? - SM CITY - CAGAYAN DE ORO PRIZES: 1st Place - P3,000 + Trophy 2nd Place - P2,000 + Trophy 3rd Place - P1,000 + Trophy 4th to Infinity - Certificate of Participation For details: Text or Call 09173011199 or visit our website: www.ElmerFrancisco.org www.EmpressMichelleFrancisco.com

Elmer Francisco

SPONSORS

BusinessWeek MINDANAO

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

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

Confab... from page 2

PRINT MEDIA TRAINING MODULES Print Media 1. 2. 3. 4. 5. 6. 7.

Column Writing Editorial Writing Editorial Cartooning Feature Writing Fact-sheet Writing Feature Writing First Aid During Media Coverage and Other Emergency Situations 8. Headline Writing 9. Investigative Reporting 10. Keeping Media Practitioner’s Family Safe

11. Layouting 12. Low-cost Media 13. News/Press Conference Organizing and Facilitation 14. News Paper Editing 15. News Writing for Print 16. Photography 17. Print News Release Preparation 18. Securing the Newsroom 19. Specialized Writing : Sports, Business, etc.

BROADCAST MEDIA TRAINING MODULES

1. Audiocraft 2. Audio News Release Production 3. Broadcast Editorial Writing 4. Broadcast Media and the Church Broadcast News Scriptwriting \ Broadcast News Simulation 5. Communication Theory 6. Community Radio Program Production 7. Conducting Energizers/Ice Breakers 8. Coverage of Civil Disorders, Natural and Human-induced Catastrophic Situations, Wars and Conflicts, Abuse and Exploitation 9. Data Gathering 10. Dealing with Death Threats and Surveillance 11. Disc Jockeying (Disk Jokering) 12. Effective Listening and Questioning 13. Feature Writing and Production 14. First Aid During Media Coverage and Other Emergency Situations 15. Headline Writing 16. Interviewing Children 17. Investigative Reporting 18. Keeping Media Practitioner’s Family Safe 19. Lantern Lecture Techniques 20. Microphone Handling 21. Newscasting

22. Non-linear Audio-Video Editing 23. News/Press Conference Organizing and Facilitation 24. Overcoming Ambush Interview 25. Overcoming Stage Fright 26. Program Hosting/Anchoring 27. Public Journalism 28. Radio, As Community Development Tool 29. Radio Programming 30. Radio and TV Guesting and Interview 31. Securing the Newsroom 32. Specialized Writing : Sports, Business, etc. 33. Telephone Interview and Reporting 34. Television, As Community Development Tool 35. Video Camera Handling 36. Video News Release Production 37. Voice Development Others 1. Structured Learning Exercises 2. Trainers Training on Training Facilitation 3. What To Do When Abducted, Arrested, or Stopped at Checkpoints or Roadblocks 4. Zero Waste Management

GENDER AND HEALTH TRAINING MODULE

1. Adolescent and Youth Health 2. Gender and Reproductive Health 3. Gender Sensitivity for Couples, Women and Men 4. Gender Sensitivity in Media 5. Gender Sensitivity Training for Lupon 6. Gender in Waste Management 7. Violence Against Women and Children

INFORMATION, EDUCATION, COMMUNICATION (IEC) and ADVOCACY MODULES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

Brainstorming and Project Presentation Building a Constituency for Support Communicating with the Adolescents, Handicaps Community Organizing and Planning Community Public Address System (ComPAS) Conducting an Advocacy Campaign Designating Spokespersons Data Gathering Defending Against and Addressing the Opposition Development Communication Educating Colleagues Establishing Goals, Objectives and Activities Expanding Your Base of Support Enhancing Your Public Education Efforts Establishing Hotlines Framing Issues and Shaping Your Message Going Public/External Relations

18. Intrapersonal and Interpersonal Communication 19. Knowing Your Community 20. Letter to the Editor Writing 21. Making Contacts 22. Media Relations 23. Networking and Coalition Building 24. Objective Setting and Action Planning 25. Organizational Communication 26. Overcoming Burnout 27. Overcoming Stage Fright 28. Program/Project Audience Analysis 29. Project Proposal Writing and Presentation 30. Public Address System Operation 31. Public Speaking 32. Reaching the General Public 33. Reaching Policy Makers, Lobbying, Legislative Approaches 34. Strategic Planning 35. Verbal and Non-verbal Communication 36. Vision, Mission and Goals Setting 37. Writing Mission Statements

VALUES AND RELATED TRAINING MODULES

1. Aggressiveness and Assertiveness 2. Coping With (Post-traumatic) Stress and Depression 3. Dealing with Conflict 4. Developing Positive Personal Values 5. Discovering Interpersonal Life 6. Emotional Quotient 7. Etiquette and Grooming 8. Good Passenger Handling 9. Human Relations and Personhood 10. Intelligence Quotient 11. Leadership 12. Overcoming Difficult People 13. Prayer Writing and Delivery 14. Public Relations 15. Sermon Writing and Delivery 16. Supervisor, as Formater 17. SWOT Analysis 18. Team-building 19. Values Clarification

For training facilitation, please contact +639997990008, +639262553215, or +639355588706

Last year, RBMO launched a computerized system dubbed e-RBMO to fast track transactions and better serve its clientele. It is expected to be fully operational on the first quarter of this year. “We are enhancing our system to safeguard our resources, this is part of our preparations for the transition (to the Bangsamoro),” she said. The agency has been cited for its exemplary performance by the working government of ARMM during the region’s 25th founding anniversary celebration in December last year.

CebuPac... from page 3

Ta n a d a s a i d C E B h a d yet to receive an official communication from CAB, and “until then, we cannot give any comment.” D u r i ng t h e h e ar i ng that was attended by Cebu Pacific representatives, NAIA Terminal 3 Manager Octavio Lina and MIAA Assistant GM for Engineering Ricardo Medalla, the airline clung to its arguments that the problem was compounded by terminal infrastructure deficiencies. To c o m p e n s a t e t h e affected passengers, Cebu Pacific has offered to refund or rebook its passengers who

have been unable to check-in or tagged as no-show for their December 23, 2014 to January 5, 2015 flights originating or connecting from Manila. The Gokongwei-owned airline said it offered the affected passengers any of the following options without additional charges: Under the Passenger Bill of Rights, a passenger can avail of compensation if the flight was delayed for at least three hours after the estimated time of departure. In case of terminal delay of up to six hours after the estimated time of departure, t his shou ld a lre ady b e considered a canceled flight. Airlines with delayed or canceled flights should a ls o prov ide suf f icient meals or ref reshments, h o t e l a c c o m m o d at i o n , transportation from the airport to hotel, free phone calls, texts, emails or first aid, if necessary. Tickets should be reimbursed, endorsed to other carriers without paying any fare difference or rebooked without additional charge if the flight was canceled.

Shipments... from page 3

to the two HPAL facilities hit 7.41 million WMT, higher than the 4.28 million in 2013. The Taganito HPAL facility in 2014 operated for a full year since its commissioning. Forty percent of Nickel As i a’s sh ipme nt s c ame

from the Taganito mine, with the Rio Tuba operation contributing another 33 percent. The balance came from the Hinatuan and Cagdianao mines.

Banks... from page 4

to clients, we encourage the public to complete all banking transactions ahead of the holidays,” BPI said. In a separate advisory, BDO Unibank Inc said select branches in Metro Manila will observe regular operating hours during the Papal visit. Select non-mall branches will be open until 3 p.m., while mall branches will operate until 4 p.m. BDO said its ATMs are ready to handle transactions during this period. Earlier today, the Bangko Sentral ng Pilipinas (BSP) amended its Papal visit announcement, saying its offices outside of Metro Manila will remain open on the 15th, 16th and 19th of the month, while its settlement and clearing operations will operate on the 19th.

Retreat... from page 4

“No n e o f t h e l a r g e global banks are increasing headcount and they are taking a long, hard look at their fixed-income, commodity and currency businesses,” said an independent fixed-

income credit strategist. RBS’s planned exit from its Asia operations is the latest high-profile departure. In recent years, UBS has broadly retreated from Asian fixed-income markets while Barclays has cut back on staff numbers. “Real money” foreign investors have also pulled b ack f rom Asi a’s lo c a l currency bond markets, with foreign holdings of domestic bonds as a percentage of their total ownership declining in most markets. Malaysia and Philippines have seen the biggest declines, according to data compiled by BNP Paribas. But not all global banks have left the field. Currently in Asia-ex Japan, Australia and New Zealand, HSBC is the top fixed-income operator with an 11% market share, followed by Citi with an 8.8% share and Deutsche Bank at 7.4%. -- Reuters

Expand... from page 9

“We c ou l d not h ave reached these milestones without the farmers and without prompt and proper intervention from t he gover nment. Ne ver b efore has t he count r y had this increment in rice production,” he said. DA is also banking on its c ur rent p ar t nership with the International Rice Research Institute (IRRI) in support of the government’s fo o d security blueprint called the Food Staples Sufficiency Program. Under the agreement, DA and IRRI would work together to produce and distribute high-quality and improved rice seeds that are adaptable to climate change. In addition, best agricultural practices and other support tools will be disseminated, including skills-training for extension and field workers. “The Department also intends to engage in profiling, finger printing and purification of traditional rice varieties with export potentials,” Alcala said. He added that regional or provincial location-specific technology development and adaptive studies for i r r i g ate d, r ai n - fe d and upland ecosystem is also included in the DA’s agenda. “Participatory varietal s el e c t i on for f avor abl e and adverse environment is included in the DA’s e x p and e d R & D age nd a for rice. The DA will also enhance rice research capability and capacity, which includes improving and increasing facilities, equipment and manpower,” Alcala said. (PNA)

BusinessWeek MINDANAO

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

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

wednesday|JANUARY 14, 2015

Budget... from page 1

the people,” Elipe said. Councilor Ramon Tabor said that the Executive Department could go anywhere, but we are in a democratic country where the majority rules. “Even President Barack Obama of the United States cannot reverse or prevent the laws approved by the majority of the US Congress,” Tabor said. (PNA)

Project... from page 1

and JV Angeles Construction Corp. However, the city’s water distributor, Davao City Water District (DCWD), has opposed the HelpMate proposal, citing low water quality from the Davao River and unnecessary supply given the AEV-JV Angeles project. DCWD is set to sign the contract with AEV and JV Angeles by March this year for the water supply venture that will tap the Tamugan River as source. The project is scheduled to start construction by early 2016 and targeted for completion by 2018. L aw yer B ernardo D. Delima, spokesperson of the government-run DCWD, said Davao River’s water turbidity level is high given the high suspended materials like soil particles, algae and plankton, and that it will entail a significant cost to develop it into a potable water source. “I believe the project is hard to execute,” Mr. Delima said. HelpMate of f icials declined to give a statement when sought for comment. The city government, however, is not immediately discarding HelpMate’s proposal and is awaiting the decision of the

National Water Resources Board on the application. Councilor Louie John B onguyan, chair of the committee on energy, said HelpMate’s prop os a l is different from the Tamugan River project since the former is focused on serving only the city’s Second District, which needs both supply and distribution facilities. The Tamugan River project was an unsolicited proposal and no other company submitted a counter-offer when it was put on Swiss challenge, a modified bidding process.

Law...

from page 1

by the local tourism office in coordination with the Department of Tourism (DOT) in region 10. Fruther, this is one of the provisions stipulated in the proposed legislation which will amend Ordinance 5239-96. The ordinance provides for the rules and regulations governing the establishment, operation and maintenance of hotels, motels and all tourism,-oriented and tourism-related business in Cagayan de Oro City. Councilor Lourdes Candy Darimbang, chair of the City Council committee on tourism, presented pertinent provisions of the proposed legislation to representatives of the LTFRB, tourism office, and management of transport vehicles, among others during the committee meeting Wednesday, January 7. Darimbang is the author of the amendatory ordinance. During the meeting, Elmer Wabe of the City Tourism Office welcomed the legislation and recommended a series of trainings for TTD especially on capacity building. A representative of the LTFRB also supported this, saying drivers are mandated

to attend trainings, seminars of road safety, transport management. He said in addition to this, the target of the Regional Peace and Order Council (RPOC) is to hold quarterly capability seminars for bus operators. The amendatory ordinance also requires the issuance of identification cards to tourist transport drivers after they attend the required seminars. TTDs will also be required to observe good grooming, proper hygiene and to wear the prescribed white polo, long pants, closed shoes or sandals with socks while on duty. WIFI, GPS The amendatory ordinance also requires Transport Tourist Vehicles (TTVs) such as vans, mini shuttle buses, coasters to install a two-way radio, wifi, Global Positioning System (GPS) for the security and convenience purposes of tourists and visitors. Representatives of Magnum Express and some transport providers expressed willingness to comply citing that the three requirements have already been installed in transport vehicles. Installation of CCTVs in vehicles will be optional, said councilor Darimbang. (CdeOSP)

Exports... from page 9

four years, depending on the amount of replanting and rehabilitation to affected coconut producing areas,”

Agustin said. State-r un Philippine Coconut Authority (PCA) earlier said “Yolanda” felled more than 34 million trees in Western Visayas during the onslaught of the typhoon. This accounted for a tenth of the country’s 340 million trees. Besides the typhoon, industry officials also blamed biological stress, which is the result of three consecutive years of good harvest before the typhoon struck. Add to that the relatively lower price of palm kernel oil, an alternative to coconut oil. CNO averaged $1,186 a metric ton last November, or higher than the $973 of palm oil.

Support... from page 9

are owned and controlled by rich families, have yet to be distributed under CARP. The notice of coverage (NOC) to unacquired lands was discontinued starting July 1, 2014. CARP, enacted in 1988, was tagged as the “centerpiece pro g r am” of Pre s i d e nt Benigno Aquino III’s mother, the late President Corazon Aquino. Under Republic Act No. 9700 or CARP extension with reforms (CARPER), its implementation was extended for another five years in 2009. Since 1988, around 4 million hectares have been distribute to more than 2 million farmers and their families under the program. – Xianne Arcangel

APARTELLE FOR SALE 30 M (NEG.) 1. LOCATION: Mactan Lapu-Lapu City Cebu, Near Imperial Palace Lot are 1,541 SQM 11 Fully Furnished Room w/ Hot & Cold Water, LCD, WIFI Cable w/ Coffee Shop, office, Nice Garden, Parking Space, 2 Staff Room, Income 150K above/month View Hiros Apartelle, Mactan or Youtube and Facebook

LOT FOR SALE 2. Hillsborough Pointe Pueblo Upper Carmen No Flood near SM & School at 6,500/SQM Lot Area: 395 SQM, Hillsborough Pointe Lot 2 Phase 4. 3. VIOS 1.5 XXXL, limited edition, Mileage 44K Full Skirt Sport type All Mags, 495 k Call: 850-1324/0917-853-5958 BWM: Nov 10, 2014-Jan 31, 2015

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 41 Cagayan de Oro City PETITION FOR EXTRA JUDICIAL EJF NO. 2014-344 FORECLOSURE OF REAL ESTATE MORTGAGE UNDER4 ACT 3135 AS AMENDED BY ACT 4118 FOR : HOME DEVELOPMENT MUTUAL FUND (Pag-Ibig) Petitioner, EXTRA-JUDICIAL FORECLOSURE REAL ESTATE MORTAGE GASPAR P. ABUG Respondent. x-------------------------------------------/ NOTICE OF EXTRA-JUDICIAL SALE Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND ( Pag-Ibig ) , against GASPAR P. ABUG, married to ALMA N. ABUG, both of legal age, Filipino citizens with postal address at B5, L4. MELECIA HOMES, MACASANDIG, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of November 14, 2014 amounts to ONE HUNDRED FORTY THREE THOUSAND FOUR HUNDRED EIGHTY SIX PESOS & 52/100 (P143, 486.52), Philippine Currency, inclusive of interest inclusive, penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on February 27, 2015 at 10:00 A.M. at the main entrance of this Court, Regional Trial Court, Branch 41, Capitol Compound, A. Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit: TRANSFER CERTIFICATE OF TITLE NO. T- 120078 A PARCEL OF LAND LOT 22, BLOCK 2, PCS-10-001793, being a portion of All Resultant Lots of Blocks 1 to 10 and Road Lots 1 to 9 of (Psd-10-024527). Situated in the Barrio of Pagatpat, City of Cagayan de Oro, Island of Mindanao, Containing an area of SIXTY NINE (69) sq. m. more or less. And all improvements existing and to be constructed/erected thereon. All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following next working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 38 Cagayan de Oro City

Cagayan de Oro City, January 6, 2014. (Sgd) ADLDEN V. SAMBAAN Sheriff IV

BWM: Jan. 14, 21 & 28, 2015

NOTICE OF EXTRA-JUDICIAL SALE EJF File Number 2014-283 UPON EXTRA-JUDICIAL PETITION FOR SALE under Act No. 3135 , as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND ( otherwise known as PAG-BIG Fund), with principal office at Petron Mega Plaza, 358 Sen. Gil Puyat Avenue, Makati City, and branch office at Pag-IBIG Fund Bldg., J.R Borja St., Cagayan de Oro City, against GILDA B. MUGOT, married to Ramon Honorio C. Mugot, with postal address at c/o Sibana M. Datumanong , Lot 18, Blk. 18, Vista Grande Subd., Lumbia, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of October 7, 2014 amounts to Six Hundred Twenty Three Thousand Six Hundred Thirty Pesos & 09/100 (Php623,630.09), Philippine Currency, as principal, interest , charges, attorney’s fees and expenses of foreclosure, the undersigned Sheriff or his deputies will sell at public auction on FEBRUARY 18, 2015, at 10:00 to 4:00 p.m. or soon thereafter at the Office of the Regional Trial Court,Branch Branch 38, 2nd Floor, Hall of Justice, Hayes Street, Cagayan de Oro City, to the highest bidders, for CASH and in Philippine Currency, the following real property , to wit: “TRANSFER CERTIFICATE OF TITLE NO. T- 178744 (Registered in the name of Gilda B. Mugot, married to Ramon Honorio C. Mugot) A PARCEL OF LAND ( Lot 18, Block 18, Psd-104305-017450), being a portion of Lot 3017-B, Psd-10-000818),situated in the Barrio of Carmen & pagatpat, , City of Cagayan de Oro, Island of Mindanao, Xxx, Containing an area of One Hundred Twenty Nine (129) sq. mtrs.,. more or less”. All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following next working day without need further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the Title of the property above- described and encumbrances thereon, if any there be.

Cagayan de Oro City, January 5, 2014.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF: (Sgd) REYNALDO L. SALCEDA Sheriff IV

BWM: Jan. 14, 21 & 28, 2015

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

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

wednesday|JANUARY 14, 2015

GAME OF THE GENERALS “THE SIEGE” in cooperation with PhilGGo (Philippine Game of the Generals Organization)