Skip to main content

BusinessWeek Mindanao (January 8, 2015)

Page 1

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 083

Market Indicators

As of 6:10 pm january 7, 2016 (thursday)

FOREX

PHISIX

US$1 = P47.07

6,618.88

X

12 cents

X

195.02 points

Briefly 4P’s payout MARAWI City -- The Department of Social Welfare and Development in the Autonomous Region in Muslim Mindanao (DSWD-ARMM) resumes the payout of cash grants to beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) in Maguindanao after months of delay. The release of payout for Period 6 covering the months November-December in 2012 and for the same period in 2014 to 22 towns of Maguindanao will start on Thursday, January 7. Towns in Maguindanao’s first district where qualified beneficiaries would soon receive cash grants are Barira, Matanog, Parang, Datu Blah Sinsuat, Upi, Sultan Mastura, Sultan Kudarat, North Kabuntalan, South Upi, Mother Kabuntalan, and Datu Odin Sinsuat (Dinaig).

Fewer poor MALACAÑANG welcomed the results of the latest Social Weather Stations (SWS) survey on self-rated poverty and self-rated food poverty which showed a decrease in the number of poor Filipino families, saying the government anti-poverty program is gaining ground. “We acknowledge the latest Social Weather Stations (SWS) survey on self-rated poverty and self-rated food poverty showing a decrease in the number of Filipino families who considered themselves as poor and ‘food-poor’ at 50 percent and 33 percent, respectively,” said Communications Secretary Herminio Coloma Jr. Wednesday. “We note that the rating for self-rated hunger is the lowest since 2011 while the rating for self-rated food poverty is two percentage points lower than the 35 percent recorded in September last year,” Coloma said.

2014 ppi’S Best in ENVIRONMENTAL Reporting

Mindanao grid back to ‘yellow alert’ level www.businessweekmindanao.com

Friday | January 8, 2016

T

P15.00

By CHENG ORDONEZ, Executive Editor

HE National Grid Corporation of the Philippines (NGCP) has brought back Mindanao grid’s alert level to “yellow” following a reported thinning power reserves which is less than the capacity of the largest synchronized unit of the grid.

NGCP Mindanao operations and maintenance head Engr. Emmanuel Abellanosa said the grid’s thin power reserves allowed the system to pull back its alert level to yellow from the “red alert” they issued on Wednesday. grid/PAGE 7

Thousands expected to join ‘Black Nazarene’ procession By MARK FRANCISCO, Staff Writer

EVERYTHING is set as about 100,000 devotees are expected to join the procession during t he Fe ast of t he Black Nazarene in Cagayan De Oro City on January 9 here,

organizers said yesterday. Cagayan De Oro City, the premier capital of Northern Mindanao, is the only city outside Manila allowed by the procession/PAGE 7

NAZARENE ICONS. A day before the Black Nazarene procession, vendors selling miniature religious icons line up C.M. Recto Street in front of the Nazareno Church in Barangay Lapasan, Cagayan de Oro City on Wednesday. mindanews photo by froilan gallardo

ARMM sees more investments, jobs in 2016

Expression of faith.

THE Regional Board of Inve s t m e nt s i n t h e Autonomous Region in Muslim Mindanao (RBOIARMM) is expecting to draw more investments this year.

Atty. Ishak Mastura, RBOI-ARMM chairperson, said the agency is targeting to generate at least P900 million worth of investments and 900 new jobs in 2016, conservative

figures considering what the regional government has achieved last year. RBOI-ARMM posted P6.5 billion worth of new projects jobs/PAGE 7

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


BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

2 BIR urges taxpayers to file returns early YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

THE Bureau of Internal Revenue (BIR) is reminding all taxpayers to file their 2015 income tax returns (ITRs) early to avoid penalties and inconvenience due to late filing.

In a statement, BIR Deputy Commissioner Nelson M. Aspe appealed to taxpayers not to wait for the April 15 tax filing deadline. He advised taxpayers bir/PAGE 7

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

Economy

Supplemental budget needs ordinances, say Oro city dads T H E C a g ay a n d e O ro City Council on Thursday returned to the Office of the City Mayor the proposed Supplemental Budget for lack of supporting Ordinance. City Councilor Ramon Tabor, chair of the council committee on laws, said that some of the items in

the proposed supplemental budgets do not have the needed appropriation ordinances. Tabor cited the proposed Supplemental Budget No. 6 of the General Fund and Supplemental Budget No. 4 of the Special Account: Economic Enterprises, both

for calendar year 2015 where some of its items need an approved Ordinance. City Mayor Oscar Moreno s u bm it t e d a prop o s e d P374,793,193.20 under SB 6 while SB 4 carried a proposed amount of P7,866,154. City Councilor President Elipe, chair of the committee

on finance and ways and me ans, s aid under t he proposed SB, only the grant of Productivity, Motivation Incentive and some terminal leave benefits are covered by appropriation ordinances. He said it has been a practice that when there are budget/PAGE 7

TO ensure fast, prompt and efficient processing of new applications and renewal of business permits at the Business One-Stop Shop at the Cagayan de Oro City Hall, the City Treasurer’s Office has come up with easy steps and procedures on how to secure a new business permit

or renewal. Taxpayers can also take a look on how to use the touch screen, user-friendly kiosks, the first-of-its-kind in the country, when getting queuing number for tax payments, billing and assessment, securing a cedula, traffic citation payment, among other features.

For convenience, technology-savvy clients can simply access the city’s official website: www.cagayandeoro. gov.ph to get online billing on real property tax, business tax and business tax assessment. Downloadable business permit application forms are also available.

The city likewise introduced new innovations on tax payments by applying the mobile money payment system wherein Globe/TM subscribers can use their GCash account to pay their taxes and other fees, with just a click of their fingers on their mobile phones. (CIO/PIA10)

CDO makes business permit processing easier

BROADCASTING DAILY AT 1368 ON AM BAND AND ON PARASAT CABLE TV AT CHANNEL 5

Tirso Neri St., Cagayan de Oro City Accommodations and rates

Pinakalami-an!

DALTAN’S KAMBINGAN Kambingan, Bulalohan, Native Manok, Seafoods, Chicken Inasal, Halal. Tiano Corner JR. Borja St. | OPEN 24 HOURS!

Single Room Standard Room Twin-bed room Deluxe Room Suite Room Family Room

-

P650.00 P850.00 P900.00 P1000.00 P1300.00 P1500.00

Features and Amenities Coffee Bar Spa Business Center Laundry Medical Tourism Tel #: 088-309-2222/ 08822-72-2222/ 088-857-4447 Sun Cell #: 0922-821-9728 Email: info@victoriasuitesonline.com Website: www.victoriasuitesonline.com

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 • 0947-8935776

CorporateWorld

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

3

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

Globe Business drives growth of logistics, transport industry

I

N a recent study by the Transport Intelligence, a leading independent source of research and analysis for the global logistics market, the logistics industry in the

Philippines is expected to have a Compounded Annual Growth Rate (CAGR) of 10-16% from 2013 to 2020. The actual growth rate will depend on how well the country’s performance

will improve in the Logistics Performance Index. Some of the key factors considered are the quality of logistics services and the ability to track and trace consignments. The adoption of

technology plays a crucial role in ensuring the delivery of quality logistics and transport ser vices. Information systems and transport and logistics chains intertwine with each other since good information management is essential for a transport company to perform and conduct fully-integrated operations. Information and communications technology (ICT) facilitates the interconnection of service production processes which could improve functions and services, thus affecting the demand for transport. With this trend, the logistics and transportation industry looks to Globe Business and its portfolio of ICT solutions to meet the demand for faster delivery and routing. Globe Business offers an array of solutions that address the challenges of logistics companies.

Villar sets expansion of existing AllHome stores ALL VALUE Holdings Corp., the holding firm for the Villar group’s retail ventures, is expanding the existing stores of its chain of full-service home furnishing shop AllHome amid strong demand from both vendors and consumers. Villar to ramp up AllHome store expansion in 2016 I n a s t a t e m e n t , AllHome said it increased the size of the AllHome branch in San Fernando, Pampanga by more

than four times to almost 10,000 square meters (sqm) from the original 2,240 sqm. “The expansion was needed to allow us to increase product offerings and have bigger spaces for new categories like Beyond Basic, Quick Fix, AllHome Appliances, and Fashion @ Home,” AllHome said, adding that it also widened the range of items and services available in the store. AllHome aims to serve

all the home building and improvement needs of the ABC market ranging from professionals, contractors, and homeowners. Aside from Pampanga, AllHome outlets in Taguig and San Jose del Monte will also be expanded to accommodate more product offerings. While it is expanding its smaller outlets, AllHome also continues to open new stores. It is targeting to open eight stores starting this March to end

Role of parents towards responsible Internet use By Necifora E. Cainoy Principal I Natubo Elementary School

The use of internet is already a normal trend these days. It is being used everywhere, including in schools. The advantage of internet comes to school activities is that students could have access to larger scope of learning. In other words, they are not just limited on what books have given them but as well on the newest and latest information, such as fresh news and current affairs. Exposing children to modern technologies could help them to be at par with the advancing knowledge. Ho w e v e r, p a r e n t s , guardians and teachers alike should consider that it is their responsibility to guide youngsters in using internet.

Internet is thousands of libraries combined. Meaning, there are a lot of infor mat ion pie ces recorded in there. People would not completely know what kind of information will pop up after clicking the Enter key. This goes the same with children. Thus, it is important for a parent, for one, to guide children through providing them safe links to read and explore or through explaining to them every critical datum that a child sees in the screen. It is also important for a parent to look into both positive and negative impact with the use of internet. He should not scare the chi ld on t he negat ive t h i ng s ab out i nter net because it will create bad perspective. Instead, he

should discuss positive things such as stressing its good use in education and in dissemination of important information. M o r e o v e r, p a r e n t should not as well forget the negative things about Internet. People of all ages share information and sometimes do not care what other people would think. So, parent should guide children when it comes to this. After all, further explanation and understanding are all what the students need. Internet is a good thing for students. However, if used in bad purpose and if misguided, Internet could ruin them and their thinking. Furthermore, te ache rs, p arents and guardians should guide them is all venues possible.

the year with a network of 20 branches, All Value Chairman Manuel B. Villar, Jr. had said in November. Since launching its first store in 2013, AllHome quickly expanded in the metropolis. The newest branch, the four-level AllHome Vista Place at the Wil Tower Mall in Quezon City, opened last November. The expansion of AllHome is seen riding on the robust growth of the residential sector where Mr. Villar also has an interest through Vista Land & Lifescapes, Inc., a leading homebuilder in the country.

With Canvas Mobile Forms, manual writing of delivery details and the risk of committing an error while encoding customer information becomes a thing of the past. Users can now capture information like e-signatures, images, GPS, barcodes and QR codes electronically on a smartphone or tablet and send it in seconds. On the other hand, the M2M Fleet Management System allows companies to remotely monitor their delivery vehicles via GPS and get timely, complete information that their clients might need. Another solution offered is TxtConnect where pick-up and the delivery update can be shared with customers. C ompanies can also avail of Globe Charge to avoid mishandling or theft of cash payments. Globe

Charge can also be used as an alternative mode of payment for customers. Companies can use it to receive debit and credit card payments too. Globe Senior Advisor for Enterprise and IT Enabled Ser vices Group Mike Frausing expects e-commerce as a driver of growth for the logistics industry, with ICT solutions making the difference in service delivery and e f f i ci e nc y. “Glob e continues to provide bestin-class IT solutions to our partner enterprises, and this includes those who belong to the logistics and transport industries. The industry is fast-moving so our portfolio of innovative ICT solutions can definitely help and enable efficiency in operations and manpower, giving companies the leading edge and the sustained growth that they look for.”

AirAsia celebrates Sinulog Festival with special treats and promos AIRASIA, the world’s best low cost carrier for seven consecutive years, is giving away free party passes, discount treats and other exciting freebies in line with this year’s celebration of Sinulog Festival in Cebu. From January 12 to 16, all AirAsia passengers bound for Cebu from Manila, Incheon (Seoul) and Kuala Lumpur and vice versa will each receive a Red Hot Sinulog festival kit which provides them free and exclusive access to festival concerts, parties, tours and discount coupons to popular restaurants, cafes and clubs. Limited edition Sinulog t-shirts from AirAsia and

Island Souvenirs are also av ai l abl e for pu rchas e onboard AirAsia flights starting today for only P250.00. AirAsia services ManilaCebu route with 8x flights daily with international flights from Incheon (Seoul) and Kuala Lumpur to Cebu. Promo fares to/from Cebu and other AirAsia destinations from the Philippines are also up for grabs now until January 10, 2016 at www.airasia.com with all-in fares from as low as P799 only. The promotional fares are also available on AirAsia mobile Application that can be downloaded via iPhone and Android, and at mobile.airasia.com.

Recognizing rights for Filipino children By Lourgen D. Alfeche Teacher – III Paitan, Quezon, Bukidnon

It is always overwhelming to see couple produce offspring as product of their love and affection. It is a pictureperfect to see normal scenarios where children are given importance to, loved and valued. Yes, the truth is it should supposedly be like that. It is just so unfortunate to say that not all children experience the life that they deserve to have. To name a few, the rights of every Filipino child include being free, to be born and to have a family. It is also stated that they should be given the opportunity for play and leisure, avail good education, learn good

manners and right conduct, and develop their potentials. Being protected from harm and abuse is also their right. H o w e v e r, a l m o s t everyone can see a number of children sleeping on the streets, begging for money in moving jeepneys or asking for food to pedestrians. There are a lot of homeless children. They are just some of the many who left home because of different reasons, like poverty or because they are abused. There are also several news which popped up online, telling that there are several children who are victims of child labor, prostitution, trafficking,

bullying and sexual harassment. These are kinds of violence which children are supposedly protected and saved from. Defined in Republic Act No. 7610, “children” refers to t hos e b elow eighteen years of age or older but are incapable of taking care of themselves. Note, they are incapable of taking care of themselves. The State recognized the right of children that they should be cared, loved and protected from harm. Thus, the government, community and families should join hand in hand to promote the welfare and protection of all children.


BusinessWeek MINDANAO

4

Opinion

2013 ppi’S Best in Business and Economic Reporting 2014 ppi’S Best in ENVIRONMENTAL Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

friday|January 8, 2016

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO ROSE MARY D. SUDARIA, Ph.D. Vice President for Finance

ALLAN mario MEDIANTE

Vice President for CorporateAffairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor

BONG FABE

CLIFFORD SANTILLAN

JUN AYENSA

mel-rose codilla

Associate Editor

Layout Artist Advertising

Regional Editor Caraga

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

MARKETING staff manila office: Unit 310 Valero Plaza, Valero Street, Salcedo Village, Makati City; lani vallido-Marketing Manager ARJAY FELICILDA Marketing Staff - CDO

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463826-272-000 – VAT. Reg., and with Business Permit No. 201512879. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

Member: Philippine Press Institute Oro Chamber

Just a Spoonful Think a minute…In 1919, just after World War I, the cholera disease broke out all over Europe killing many thousands of people. The British government sent doctors all over the world to find a cure for cholera. These doctors later came back and said that the Chinese did not get cholera because they boiled their water before they used it. Soon all the radios and newspapers in England were telling everyone to boil their water before they drink it. They even sent this message to the Pacific Islands since they had British soldiers there. Yet later, they heard that the cholera disease had still broken out in the islands killing many thousands of Islanders. The British leaders questioned the people in the island villages and asked them if they were boiling their water? The Islanders answered yes, they definitely were boiling their water to drink. But this is how they did it. They boiled just a small amount of water and put it in a bottle. Then only once or twice a day, they would get the bottle and drink a small teaspoon of the boiled water, like taking medicine. Then they would put the bottle away again and the rest of the day they drank unboiled, dirty water. No wonder people still

THINK

A Minute

Jhan Tiafau Hurst got cholera and died! Yet many of us do that with Jesus Christ. We don’t want to live Jesus’ way every day, so we go to church one day a week to feel better about ourselves. Then we go back to living our own way the other 6 days of the week. Or, if we’re not religious church people, we think that if we’re a good, kind person, then God will accept us into heaven after we die. But just like 1 teaspoon of clean water a day will not keep you healthy, only 1 day a week of living for Jesus Christ, or just trying to be a good person, is not even close to our Maker’s standard of pure goodness. The only kind of goodness God can live together with is perfect, pure goodness of all our thoughts, motives, words, and actions 24 hours a day, 7 days a week. Think a Minute…

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

What Disruptive Innovation Really Is This is now a strategic management buzz: disruptive innovation. But what does t he bu z z re a l ly me an ? Here is an expert opinion: “Disr uptive innovation describes a process by which a product or service takes root in simple applications at the bottom of a market and then relentlessly moves up m a r k e t , e v e nt u a l l y displacing established competitors or completely removing competition (Matt Christensen, Journal of Applied IT in Investment Management, January 2015).” Some investment companies apply disruptive innovation in the following approaches: a) search for product opportunities in areas that are repulsive for mainstream investors; b) invest resources in product development and research in business areas in flux such as on risk exposure and technology; and c) use an avant-garde approach to product development; start small, prepare for rapid scaling. Though the strateg y

buzz mentioned has gained more popularity, the idea’s main tenets have b een widely misconceived and frequently misapplied. Many consultants and researchers use “disruptive innovation” to describe any condition in which businesses are shaken up and previously fruitful incumbents falter. But this is much too broad a usage. What then constitutes d is r upt ive i n nov at i on ? Consider: first, disruptive innovations originate in low-end or new market grounds. They shake because incumbents pay less attention to less-demanding clients and typically try to provide ever-improving products to their demanding customers. D i s r upt e r s c re at e a market that did not exist before. They turn nonconsumers to consumers. To illustrate: Xerox targeted big corporations and exact high prices. Then later, new entrants introduced personal copiers and a new market was born. Aside f rom st ar t ing from low-end or the

new market foundation, disruptive innovations do not try to flourish with the mainstream’s customers until quality levels up to their standards. Disruptive innovation differs from “sustaining innovation”: the latter merely transforms the good into better in the eyes of existing clients. The known approaches: the fifth blade in a razor, the clearer TV picture, the faster internet connection. These upgrades can be incremental enhancements or major developments, but they all are aimed at increasing revenue from the most profitable clients. Disruptive innovation, on the other hand, is temporarily looked down as second-rate by most of the incumbents’ c ustome rs . Custome rs , usually, are not inclined to switch to the new service or product merely because of its lower price. They rather wait until its quality peaks enough to satisfy them. If this happens, they adopt the new innovation and accept its lower price.

lucell larawan Looking at the business model of Uber taxi, is it disruptive? Uber is an ondemand t ransp or t at ion service which has brought a dramatic alteration in the taxi industry in many parts of the world. Uber has made it possible for passengers to simply tap their smartphone and have a cab arrive at their location in the minimum possible time. Some experts, however, do not consider it “d i s r upt ive” e n ou g h because of the two conditions mentioned above. Rather, it is just an improvement on the traditional idea of a taxi service.

Rude taxi driver: rudeness runs in family LIFE’S INSPIRATIONS: “…I, the LORD your God, am a jealous God, punishing the children for the sin of the parents to the third and fourth generation…” (Exodus 20:5, the Holy Bible). -ooo RUDE TAXI DRIVER: H I S PA R E N T S W E R E PROBABLY RUDE, AND SO WILL HIS OWN C H I L D R E N B E RU D E LIKEWISE: The taxi driver who acted rudely against his passenger is now facing the possibility of having his driver’s license permanently cancelled. But, even if his license is nullified forever, or even if he is thrown in jail for a long time, that will not change him for the better. His being rude, his being arrogant, and his being mired in sin, is already deeply ingrained in him. Rudeness and arrogance were most probably imbibed by him from his own parents who, in turn, would have surely been rude and arrogant too, having similarly imbibed such bad manners from their very own parents. Sinfulness brings about curses that are visited not only on sinners, but even on their children to the third and fourth

generations. The only way to stop sinfulness from seeping into succeeding generations of our families is for fathers and mothers to firmly decide to stop wallowing in sin and in bad manners. Making this decision to stop sinning and acting rudely and with a criminal mind is going to be hard, unless we seriously turn to God, by knowing His Word and obeying His commands. -ooo FRAUD INVALIDATES M A R R IA G E : W h e n a marriage is attended by fraud, it could be declared invalid by virtue of a court decision, according to Art. 45 of the Family Code of the Philippines. The question, however, is this: what is the “fraud” that can invalidate an otherwise valid marriage? Art. 46 of the same Code provides the instances where fraud can be said to be present. Art. 46 says that any of the following circumstances s h a l l c o n s t i t u t e f r au d referred to under Art. 45: (1) non-disclosure of a previous conviction by a final judgment of a crime involving moral turpitude; (2) concealment by the wife that, at the time of the

marriage, she was already pregnant by another man. A l s o, t h e f o l l ow i n g constitutes fraud: concealment of sexuallytransmissible disease, regardless of its nature, existing at the time of the marriage; concealment of drug addiction, habitual alcoholism or homosexuality or lesbianism, existing at the time of the marriage. No misrepresentation or deceit as to character, health, rank, fortune or chastity shall constitute fraud. -ooo THE YOUNG MUST A LWAYS SU B M I T T O THEIR ELDERS: Here is an advice that young people must always heed: the young must always submit to their elders, and must clothe themselves with humility toward one another, because “God opposes the proud but shows favor to the humble.” The reminder to the young is that they must humble themselves under God’s mighty hand, that He may lift them up in due time, casting all their anxiety on Him, because He cares for them. Young people must also stay alert and of sober mind all the time, remembering that the devil prowls around

K akampi

Mo A ng Batas

Atty. Batas Mauricio like a roaring lion, looking for someone to devour. The young must resist the devil, standing firm in the faith, because it is of general knowledge that the family of believers around the world is undergoing sufferings too. -ooo PLEASE WATCH OR LISTEN: “Tambalang Batas at S om i nt a c”, a n e w s commentary radio program, aired at DZEC 1062 kHz and other R adyo Agila provincial stations, at http:// www.eaglebroadcasting.net/ radyoagila and at www. youtube.com (type DZEC Radyo Agila Tambalang Batas at Somintac 1062 Live), 6 to 7 in the morning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.

-- Herbert Hoover,

31 st U.s. President


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

AggieNews

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

5

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

DA, media bolster its ties - The newly elected officers of the Department of Agriculture (DA) Press Corps expressed commitment in relaying various developments within the agriculture sector during a simple induction ceremony, held in the city. Leading them in taking their oath of office is Engr. Roxana H. Hojas, Assistant Regional Director of DA-Regional Field Office 10, who assured that the agency commits to the good endeavours of the group by including them in the department’s forthcoming trainings, briefings, consultations, among other activities for them to have a clear understanding of the technicalities on the implementation of the DA’s programs, projects and services. With the creation of the DA press corps, she is fervent that the government and the media will bolster its partnership in disseminating accurate information to agriclienteles and the general public. Butch Enerio, president of the DA press corps responded that through strengthened alliance of the media with the agency, the former can confidently share timely and right information coming from the technical experts and ultimately, clear out issues in agriculture such as food production and security, land conversion, rice sufficiency and importation, among others. He emphasized though that they will remain impartial should the DA be involved in controversies, but guaranteed that the DA press corps will exhaust all of their efforts in verifying unfounded information, should there be any. The officers of the pioneering DA press corps is composed of (L-R) Butch Enerio of SunStar CDO/Business Mirror as president, Geronimo Valenton of Katarungan News Weekly as vice president, Jorie Valcorza (represented by Jasper Marie O. Rucat) of Philippine Information Agency as secretary, Romy Capinpuyan of DxIM – Radyo ng Bayan as treasurer and James Patrick Tablon of Bombo Radyo as auditor. # (JLOlson, DA-RFO 10)


BusinessWeek MINDANAO

6

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

Banking&Finance

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

DBP-Landbank merger put on hold for now

T

HE PLANNED merger of the Development Bank of the Philippines (DBP) an d L an d B an k of t h e Philippines (Landbank) could be halted anew, the chief of the government agency tasked to oversee state corporations said, citing the narrowing time fo r a c t i o n l e f t b e fo r e President Benigno S. C. Aquino III bows out of office. The Governance Commission for Government-Owned and Controlled Corporations’ (GCG) -- tasked to implement the merger -said chances the plan will push through are slimming due to lack of time, with the election ban in place come March. Hence, the proposal may have to wait again for the next administration. “ R i g h t n o w i t ’s a suspended item, but you n e v e r k n o w, t h e n e x t president might say I w ant to d o it . . . t h e re’s re ally not enoug h time now since magkakaroon na ng election ban (the election ban is upcoming),” GCG Chairman Cesar L. Villanueva said in a recent interview when asked for an update on the move to make a bigger lender t h at w i l l b e a re g i on a l contender as S outheast Asian nations integrate. The GCG executive noted that “it will take

about six months for [the government] to do a functional merger.” “Even t he B o ards of Landbank and DBP have a term of until June 30... it now depends on the next administration. For this term, baka wala na (it’s unlikely),” Mr. Villanueva added, noting that they are co-terminus with the President. “ We h a d p o s t p o n e d t hat . . . t hat prob ably is going to happ en in the next administration. There is just not enough time to do that now,” he added. The planned merger will be affected by the election b an as S e c t i on 2 6 1 ( g ) of the Omnibus Election Code forbids “appointment of new employees, creation of new position promotion, or giving salary increases” and “transfer of officers and employees in the civil ser vice” forty-five days before regular elections. For the May 2016 national polls, the election ban will run from March 25 to May 8, according to the Commission on Elections’ Resolution No. 9981. NO ACTION Mr. Villanueva said the GCG for warded a draft executive order (EO) to Malacañang in early 2014 that would authorize the merger without the need for a legislative measure. “We submitted the draft EO last year. There was

an action, actually there w a s stu dy on l i ke how m any w i l l b e af fe c t e d , et cetera. Unfortunately, certain things happened t h at d i d n ot a l l ow t h e President to go back to it,” he said in an interview late in 2015. Mr. Villanueva noted the GCG has the authority to push forward with the merger of the two staterun banks, but legislation may be needed to formally establish the joined entity. “A c t u a l l y, w e d o n’t need C ongress to do it because under our charter, all GOCCs, we can merge them, we have the power through an executive order of the President... We went to Congress in order to get

the support of Congress on the things that we cannot do t hroug h an EO li ke having a new charter,” he said. Lawmakers have said the measure that will merge the two financial institutions -- with Landbank as the surviving entity given its bigger assets and branch network -- may have t o w a i t u nt i l t h e n e x t administration as it still has a long way to go before it secures Senate approval and due to lack of support from the President. The House of Repres entatives okayed last May 25 its version of the bill. It has since languished in the Senate awaiting its green light.

Senator Sergio R. Osmeña III, he ad of t he S enate committee on banks, financial institutions and currencies, said his committee has set aside further deliberations on the proposal since it could no longer pass at this time and instead focus on other bills in its pipeline. The proposal in C ong re ss , i f p ass e d, is expected to further boost the government financial institutions’ position and p u t t h e m e r g e d e nt i t y among the top 25 banks in the region as members of the Association of Southeast Asian Nations form a single economic community. A Palace official earlier

said the proposal is not among the priorities of the current administration. “This is not included in the Presidential L egislative Agenda nor with the priority bills of either the Senate and the House of Representatives,” Communications Secretary Herminio B. Coloma Jr. earlier said, quoting a text message from Presidential Legislative Liaison Office (PLLO) Secretary Manuel N. Mamba. Mr. Coloma s ai d t he PL LO ch i e f is referring to the “priority bi l l s” of t h e c u r re nt administration. Several attempts were already made in the past to fuse the two state-run banks.

Vice Governor Joey G. Pelaez speaks before the Members of the 58th Infantry Batallion (58th IB) of the Armed Forces of the Philippines headed by Lieutenant Colonel Jose Eriel M. Niembra. Vice Governor Pelaez was invited to grace the Annual Team Building Activity. In his message, Pelaez emphasized on the courage and valor of our brave men who stand responsible for keeping our midst safe and our sleep sound. As a modest token, Pelaez promised to donate sports equipment to the 58th IB’s camp. (Lower Right Photo, from L to R: Lt. Col. Jose Eriel M. Niembra, Vice Governor Joey G. Pelaez, and Provincial Disaster Risk Reduction Management Officer Fernando Vincent Q, Dy). photo provided


BusinessWeek MINDANAO

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

friday|January 8, 2016

Grid... from page 1

Abellanosa said that on Wednesday, the Mindanao grid has virtually “zero reserve power available.” The Red Alert status means Mindanao is at risk for a blackout should any tower or power plant bogs down. In a MindaNews report, NGCP Mindanao spokesperson Milfrance Capulong explained the safe levels would mean having a contingency reserve higher than the biggest capacity online because if any of the lower power plants bog down, then they can simply tap the excess to prevent brownouts. Last December 24, Tower 25, located at Ditsaan-Ramain in Lanao del Sur, was bombed by unidentified men, which resulted in the isolation of Agus 1 and Agus 2 that supply the grid with 150 megawatts. She said restoration works cannot be implemented on Tower 25 after the land owners – Johnny Sambitori, Intan Sambitori and Naguib Sambitor – refused NGCP personnel entry to the location of the transmission tower. Capulong said the land owners demanded that the National Power Corporation (NAPOCOR), the company in charge of generating power, to pay still unsettled payment for the land long ago. “The line has been unserviceable since Christmas Eve when it was bombed by unidentified lawless elements,” she said. Capulong said N GC P had met with officials from the Mindanao Development Authority (MinDA), National Transmission Commission (TransCo), and the local government “to explore ways how to access Tower 25.” Energy Officials said this is because Agus 1 and 2 hydropower plants, two NAPOCOR-owned generating facilities, are cut off from the Mindanao power grid. Capulong said NGCP has yet to restore NGCP Tower #25 along Agus 2- Kibawe 138KV line in Ramain, Lanao del Sur which was toppled on Christmas Eve after it was bombed by unidentified men. Attempts to repair the steel tower failed, she said, due to the uncooperative land owners. “The line has been unserviceable since Christmas Eve when it was bombed by unidentified lawless elements,” Capulong said. She said the owners of the property where the tower was located, Mr. Johnny Sambitori, Mr. Intan Sambitori and Mr. Naguib Sambitori, refused to allow entry for NGCP technical men to repair the damaged transmission facility. Negotiations with the Sambitoris were unsuccessful because the owners alleged that the government failed to pay their claims long ago, Capulong said. “Mindanao is facing a possible grid collapse if the situation persists since there is only one line remaining to deliver power from the Agus Hydro Complex, the MaramagBunawan 138-kV line,” Capulong

said. “If the said line is in any way compromised, no power will flow from the remaining Agus hydro facilities to south of Mindanao where the bulk of power demand is located,” she said, adding it created an imbalance between North and South portions of Mindanao. “The resulting imbalance between the North and South portions of Mindanao may cause the system to collapse. Both Davao City and General Santos City are located in the south, and are in real danger of being completely cut off from the bulk supply coming from the hydro facilites,” she said. Capulong reiterated her appeal to the public, local and national government, police and military authorities to help monitor the safety of the towers so that transmission services remain uninterrupted. The power distributor also appealed to local community leaders to help identify the perpetrators of the bombings, and to negotiate with uncooperative landowners, to prevent longer power interruptions. Earlier, the Armed Forces of the Philippines vowed to secure NGCP steel towers in areas where lawless elements operate, specifically in the provinces of North Cotabato, Maguindanao and Sultan Kudarat. (With reports from MindaNews, PNA)

Procession... from page 1

Catholic Church to hold the Feast of the Black Nazarene procession. The Black Nazarene replica in Cagayan de Oro is the only one outside Metro Manila. The replica contained portion of the hands of the original Black Nazarene statue in Quiapo, Manila being revered by thousands of devotees from Mindanao and the Visayas. As the Novenas at the Archdiocesan Shrine of the Black Nazarene at the “Nazareno Parish” along CM Recto Avenue began on December 31, local authorities expect about 100,000 devotees to join the procession as the Novena ends on the feast day on January 9. On Friday evening, January 8, the statue of the Black Nazarene will be brought from its home shrine to the Misamis Oriental-operated Gregorio Pelaez Sports Center along Velez St. According to Gerry P. Sabal III, the sports center manager, the idea is to allow the huge number of provincial devotees here who come even as far as the Visayas to pay homage to the replica of Manila’s Black Nazarene statue for an overnight vigil. During the vigil, there will be prayers, worship songs and reflection sessions throughout the night to be capped by a Mass at 3:30 at dawn on Saturday morning, January 9. Sabal said this is the second year that the local Black Nazarene statue is housed for a day at the Gregorio Pelaez Sports Center. “I expect the main grandstand to be full to the brim during that moment. The capacity of the main grandstand is around

20,000 persons,” Sabal said. During the event, the Cagayan de Oro City Police Office (Cocpo) has strict instructions to frisk everyone who will be wearing caps and sporting backpacks in the area for security reasons. After the dawn Mass on January 9, the traditional procession will start at 4:30 a.m. traversing Velez St., crossing the national highway, exiting right towards Julio Pacana and Gaabucayan and taking another right towards Agora before finally exiting back to the CM Recto Avenue and into the shrine. There will be several Masses throughout the day. The concelebrated Mass is scheduled on Sunday at 9:00 a.m. (PNA)

Jobs... from page 1

in 2015, way over its original investments target of only P700 million announced early last year. Within this month, RBOI is expecting to approve a P1.3 billion oil palm plantation in Maguindanao, thus the year’s targets could be topped within the first quarter. There are also new ventures in the pipeline including a P45 million industrial waste treatment facility in Polloc, Maguindanao and an P80 million water facility. The region’s economic potentials – rich in raw materials and an emerging market for goods and services – have been generally overlooked by the business sector in previous decades but this has changed significantly in recent years. Atty. Mastura said investors continue to put money in the region because of their trust in the good governance initiatives of the present ARMM administration. He said the ongoing peace process also augments investors’ confidence in the region. According to him, 2015 was the best year so far because the region has posted the highest value of investments in the 26-year history of ARMM.” Last year, RBOI recorded an increase of 70 percent in the total value of investments registered compared with P3.867 billion in 2014. Likewise, 4,894 jobs were created, 43 percent higher compared with 3,433 new jobs registered in 2014. RBOI-ARMM approved eight major investment projects in 2015 led by AlSahar Agri Ventures Inc., a Cavendish banana plantation in Maguindanao with a P3.7 billion project. It was the largest single investment in the history of the ARMM. Chan C. Mining Inc. also invested P742 million for a nickel ore project in TawiTawi, Lamsan Power Corp., meanwhile, had a 5.5-megawatt power plant expansion project worth P687 million in Sultan Kudarat, Maguindanao. Other investors in the region are Tawi-Tawian Petroleum Trading Corp. in Panglima Sugala. Tawi-Tawi; DS3 Fuel Tanking and Services Inc., a petroleum project operating at Polloc Free Port, Parang,

Maguindanao; Maguindanao Enegry Farms Inc. based in Sultan Kudarat, Maguindanao for a 474 hectare-napier grass plantation; Matling Industrial and Commercial Corp., a cassava starch milling plant in Malabang, Lanao del Sur; and Southsea Industrial Energy Corp, an oil refinery project in Simunul, Tawi-Tawi. Sixty-five percent or P4.3 billion of the combined value of the new projects approved by RBOI-ARMM in 2015 is agri-based while 24 percent or P1.5 billion, are energy related. The rest or P742 million is on mining and quarrying. (BPI/ APB/PIA-10)

version and start filing early to avoid technical difficulties or downtime of the system. All BIR systems underwent its regular system maintenance in preparation for the tax filing season and year-end adjustment. Taxpayers may visit the BIR website at www.bir.gov.ph, or call the BIR hotline at 981-888 for further details or assistance. They may also call the BIR Revenue Region 16 Office at (08822) 725-609 or 711-637 or visit them at the West Bound Terminal, Bulua, this city. (APB/ BIR-RR16/PIA-10)

BIR...

from page 2

from page 2

to start preparing and submitting their annual ITRs and its accompanying schedules and attachments such as Financial Statements, Statement of Management’s Responsibility, BIR Form No. 2307 as early as January 2016. He also reminded all manual and/or electronic tax filers or Accredited Tax Agents using eBIRForms and eFPS or the Electronic Filing and Payment System to download the latest

Budget... supplemental budgets with insertions, these are referred to the committee on finance

7

2014 ppi’S Best in ENVIRONMENTAL Reporting

for its reconsideration and re-computation. In order to avoid the same error, he recommended that the matter be deferred and returned to the city mayor and to request him to propose a supplemental budget supported by ordinances, Elipe said. Included in the SB 6 are traveling expenses, Extraordinary and Miscellaneous Expenses, other Maintenance and Other Operating Expenses (MOOE) of the City Chief Executive, Aid in the Cagayan de Oro Fire District, Special projects of the Community Improvement Division and City Assessor’s Office, and other MOOE of the Human Resources Management Office, and City General Services Office, among others. (PNA)

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN THE MATTER OF ADOPTION OF MINOR NAMED, RENAI ZOUIE ROSE OBIAL GARCINES, AND SYDNEY GARCINES, Residing at Tangueguiron , Tubod, Lanao del Norte AND CANCELLATION OF THE SIMULATED BIRTH CERTIFICATE OF MINOR CHILD, RENAI ZOUIE ROSE OBIAL GARCINES. SPS. RENANTE F. GARCINES AND ROSALINDA O. GARCINES, - versus –

SPL. PROC. NO. 311-07-2015

Petitioners,

THE LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE, Respondent. x----------------------------------- ---------/ ORDER This is a petition for adoption of minors named RENAI ZOUIE ROSE OBIAL and SYDNEY GARCINES and the cancellation of the Simulated Birth Certificate of minor child, RENAI ZOUIE ROSE OBIAL GARCINES filed before this Court on December 14, 2015, praying among others that after notice and hearing, an Order be issued granting the petition sought for. Petitioners alleged that they are husband and wife, Filipino, and residents of Tangueguiron, Tubod, Lanao del Norte. Respondent is sued in his official capacity. They desire to legally adopt as their children, their nieces, namely: RENAI ZOUIE OBIAL GARCINES and SYDNEY GARCINES, both minors, 7 and 13 years of age respectively. Both were born at Baroy, Lanao del Norte, now residing at Tangueguiron, Tubod, Lanao del Norte. That the biological parents of minor RENAI ZOUIE ROSE OBIAL GARCINES, (Charlito F. Garcines, brother of petitioner and Edith H. Garcines) are not affluent in life. They are both jobless and their daily income are just sufficient for their daily sustenance. On the other hand, the biological mother of SYDNEY GARCINES, named Sheila Marie F. Garcines (sister of male petitioner) is also jobless who got pregnant while she was very young and was abandoned by her boyfriend right after the latter learned of her pregnancy. Hence, few days after Edith H. Garcines and Sheila Marie F. Garcines gave birth to Renai (for brevity) Garcines and Sydney Garcines, they decided to surrender and relinquish the parental custody of the minors to the herein petitioners. Petitioners during their marital union for more than eleven (11) years are childless, although the lady petitioner prior to their marriage had her own TWO (2) children with her former Australian boyfriend namely: DYLAN HENRY O. GREEN and SUNEEL FELIX O. GREEN, 17 years old and 12 years old respectively. DYLAN HENRY being 17 years of age, has given his consent to the proposed adoption. Petitioners have taken cared of, of the minors since they were still few months old and they have given the minors the attention and love of a true and real parents. Petitioners do not fall under the disqualifications of adoption as provided for by law and they are morally fit as well as physically and financially capable of giving the children a bright future. The adoption sought for will certainly serve the best interest of the children. Meanwhile, in petitioners desire to minimize expenses and shortcut the adoption process of RENAI ZOUIE ROSE OBIAL GARCINES, petitioners were compelled to simulate the birth of said RENAI, believing in good faith that by doing such scheme, it would be for the best interest of the child. As the child grew older, they realized that what they did was a big mistake and felt in deep regret of their wrong doing of having simulated the birth certificate of RENAI, by registering their names as the parents of child when in truth, they were not. That there is an imperative need to cancel the birth certificate of RENAI for it contained entries that are false and untruthful so as to avoid confusion as to the identities of the said child. They desire that if and when the petition be granted, the children shall be named RENAI ZOUIE ROSE OBIAL GARCINES and SYDNEY OBIAL GARCINES. Set the initial hearing of the petition to April 4, 2016 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the Office of the Solicitor General at Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, to Atty. Eleuterio Obial of National Highway, Kapatagan, Lanao del Norte and to the petitioners, at their known address at Barangay Tangueguiron, Tubod, Lanao del Norte. The Department of Social Welfare and Development Office in Tubod, Lanao del Norte is hereby directed to conduct a Home Study and Child Study Report upon the petitioners and the children sought to be adopted, as well as their biological parents. She is directed to submit a report relative thereto, at least three (3) days before the scheduled hearing. Any interested person/s are hereby directed to come to Court on said date and time to show cause why said petition should not be granted. Let copy of this Order be published in a newspaper of general circulation in the province of Lanao del Norte for three (3) consecutive weeks, at the expense of the petitioner. SO ORDERED. December 18, 2015. Tubod, Lanao del Norte. BWM: Jan. 8, 15 & 22, 2015

(Sgd.) DENNIS P. VICOY Acting Presiding Judge


Feature

BusinessWeek MINDANAO

8

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

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

Clash of the Wheels 2 brings out the best D

’ PUNISHER Loko Production in cooperation with Carmen barangay kagawad Rainier Joaquin “Kikang” Uy, JAPS Audio, Car & Motor Accessories, Limketkai Center and Mindanao Daily News/ BusinessWeek Mindanao presented Clash of the Wheels 2 last December 28 to 29, 2015 at Limketkai Center Parking Lot D.

Story by MARK FRANCISCO, Lifestyle Editor SOME PHOTOS COURTESY OF D’ PUNISHER LOKO PRODUCTION AND RSS GURLZ

It was a car and motor show all rolled into one with competitions in various categories such as drifting and soundoff, which was supervised by the European Mobile Media Association (EMMA). There were 27 cars which participated in Clash of the Wheels 2 and 16 motorcycles coming from all over Mindanao.

Overflowing classy trophies and other assorted prizes were given to the owners of the winning motorcycles and four-wheeled vehicles such as heavily-modified pickups, tuner cars, cars loaded with full setup audio, among others. For the sound off competition, it had a total of three overall categories – SQ, ESQL and ESPL. SQ

stands for sound quality, ESQL for EMMA Sound Quality League and ESPL for EMMA Sound Pressure League. To pump up the event, there was a surprise guesting from GMA artist Stephanie Mae Sol (who hails from Cagayan de Oro), appearance by babes of JAPS Accessories, an intermission from RSS Girlz

To all Valencianos and Valencianas, Happy 15th Charter Day Celebration! God bless you all and more power! From:

HON. AZUCENA P. HUERVAS

City Mayor Valencia City, Bukidnon

DJ Jay-r Chan keeping the crowd pumped up with his marathon mix

and a marathon dance music mixing by DJ Jay-r Chan. Clash of the Wheels 2 was also brought to us by El Bonita Bazaar, AJG Security Agency, Buckets & Shrimps, Haze, Radyo Natin, OJ Oil, Blaze 28, Ritche Rich The Car Broker, Xado, Filinvest, More Bites Pizza, Kobotoj Crafts, Southside and MMRS Upholstery.


BusinessWeek MINDANAO

WE ACCEPT

TARPS

STICKERS BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

friday | january 8, 2016

2014 ppi’S Best in ENVIRONMENTAL Reporting

Editor: Cheng Ordoñez

Yamaha’s Kids Kringle:

YOUR Mindanao-wide BUSINESS paper

Corporation

B1

0915-563-6246

A year-end advocacy

D

AVAO CITY — Yamaha Motor Philippines continued their dedication to the Filipino Community by partnering with different Yamaha Club groups to share the holiday spirit with

the kids of the SOS Children’s Village. The Kids Kringle, the event’s official name, was attended by several executives of Yamaha. In attendance was Sales and Marketing Adviser, Norio Ota; Marketing Section

Manager, Ryan Jude Camus; Mindanao Sales Manager, Peter Salvadico; and Yamaha Club Head, Kristoffer Manayaga, who opened the Kids Kringle toy box. Presidents of Yamaha Club groups from Luzon,

Visayas, and Mindanao distributed the toys to the children. A plaque to commemorate the event was presented to the Village Director, Mr. Leonilo Rivero. Yamaha understand the importance of sharing the joy of

Christmas and also the offering of thoughts, actions, and service is what makes events such as this truly magical. It was something the children gave back to the people of Yamaha Motor Philippines, it was their laughter, their

smile, the fun that they were having. Those small moments coming together is what Yamaha is all about, that is what Revs your Heart truly is; things that are timeless, things that are irreplaceable, things that last a lifetime.

8th Kidapawan Open Chessfest on February 6-7 By Marlon Gayog, MDN Davao

THE annual 8th Kidapawan Open Chess Championships is slated on Februry 6 and 7 at the

Kidapawan Convention Center in Kidapawan City. “We are again expecting more than 100

chess players from all over Mindanao and the other parts of the country,” said Dr. Ted Calica, president of the organizing Kidapawan Chess Club, Inc. Defending champion is International Master Oliver Dimakiling, who has won it four times in a row from 2012 up to 2015. The native of Davao City is expected to contend anew with the other top chess players coming from all over the country. chessfest/PAGE B2


BusinessWeek MINDANAO

B2

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016

News

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

LDS Prov’l government intercedes on ROW issue

I

By Cheng Ordonez, Executive Editor, BWM

LIGAN CITY -Power stakeholders in Mindanao have seen a light at the end of the tunnel, so to speak, following the commitment of L anao del Sur Governor Bombit Adiong to help resolve the problem on road-rightof-way.

Ac c o r d i n g t o E n g r. E m m anu el Ab el l ano s a , department head of the department head of the Mindanao Operations and Maintenance of the NGCP, confirmed the conduct of the high level meeting held last Monday. The meeting was

attended by officials from the National Power Corporation, Transco and Gov. Adiong at the Napocor Office to discuss measures on h ow t o re s olve t h e problem of repairing Tower 25, which was bombed last month by lawless elements, at Rasain, Marawi City. At least, 15 towers were bombed last year.

DA launches agri program to transform MILF camps into peaceful communities Current and former a g r i c u ltu re s e c re t ar i e s turned over initial agricultural equipment and materials to the farmers of six previously acknowledged Moro Islamic Liberation Front (MILF) camps in Maguindanao and Lanao provinces on Wednesday, January 6, 2016. Agriculture Secretary Pro ces o Alcala led the ser vice presentation ceremony of the farmers’ assistance program with former DA Secretary and Phi lippine gover nment (GPH) peace panel member Senen Bacani at the Bangsamoro Leadership Management Institute in Simuay, Sultan Kudarat, Maguindanao. The program is an initial confidencebuilding measure under the Bangsamoro peace process with the end in view of transforming these areas into peaceful and productive communities. The initiative was organized by the Task Force C amps Transfor mat ion (TFCT), in partnership w i t h t h e DA- Fa r m e r ’s Assistance Program and is part of the normalization process stipulated under the Comprehensive Agreement on the Bangsamoro (CAB) signed between the MILF and

the Philippine government. Among the equipment and materials that turned over to farmers in the MILFacknowledged communities are six units of heavy-duty 90HP farm tractor with complete accessories; six units of cassava grater; three (3) units of hand tractor; 1200 bags of palay seeds and fertilizer; and 1200 bags of OPV corn seeds and fertilizer. Also part of the assistance were planting materials such as 300 pieces of a s s or t e d r ambut an , lanzones, jackfruit seedlings; and 3 0 0 pi e c es c of fe e, achuete, and guyabano seedlings. Eighteen carabaos will also be turned over for distribution to local farmers in conflict-affected areas. In addition, certificates of commitment from the DA were given during the event for the upcoming delivery of 16 units of nonmotorized bancas; 160 units of fish traps or “baliyat”; 12 modules of goats (one module is composed of 4 female goats and one male goat); 18 heads of cattle; six units of corn sheller; six units of corn mill. Said equipment and farm animals will be turned over to local beneficiaries in a span of two to three months. These areas are in the

vicinity of former MILF Camp Abubakar asSiddique, Camp Badre, and Camp Omar ibn al-Khattab in Maguindanao; Camp Rajamuda in North Cotabato and Maguindanao; Camp Bilal in Lanao del Norte and Lanao del Sur; and Camp Busrah Somiorang in Lanao del Sur. Government officials such as Autonomous Region i n Mu s l i m M i n d a n a o (ARMM) Governor Mujiv Sabbihi Hataman, ARMM Executive Secretary Atty. Laisa Alamia, Bangsamoro Development Agency Executive Director Mohammad Suib Yacob, Maguindanao 1st District Representative Bai Sanda Sema, and Maguindanao 2nd District Representative Zajid Mangundadatu were invited to attend the event. The event was joined by m ore or l e s s 1 , 0 0 0 p ar t icip ants, including members of the Bangsamoro Is l a m i c A r m e d Fo rc e s (BIAF) and the farmerbeneficiaries. The implementation of such confidence-building measures was undertaken through the Joint Task Forces mandated to help transform the MILF camps into peaceful and productive communities.

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

Abellanosa said Gov. Ad i o n g h a s v o w e d t o intervene to help resolve the problem with the landowners, who refuses entry to their property to resume repair of the toppled tower. Agus 1 and 2 has ceased to function following the b o m b i n g o f To w e r 2 5 by lawless elements last

month. M i n d an a o h a s b e e n experiencing unstable power from the grid due to the bombings, road-rightof-way issues, maintenance works of power plants and receeding water due to the El Nino phenomenon. In fact, last Monday, NGCP hoisted a red alert status after the reserved

power went zero. NGCP warned that if unabated, further bombing i n c i d e nt s m ay pre v e nt customers from enjoying uninterrupted electricity. Since October 30, 2015, the projected system deficiency was 150 MW, l e ng t he n i ng t he p owe r interruptions endured by some areas.

PHAP and PHAPCares announce new board members for 2016 Makati City, Philippines – The Pharmaceutical and Healthcare Association of the Philippines (PHAP), a local organization of 40 pharmaceutical and healthcare manufacturers, providers, retailers and distributors, and its CSR arm, PHAPCares Foundation, recently held their annual General Membership Meeting last November 26, 2015 in Makati Diamond Residences. During the meeting, new board members were elected to replace the outgoing members and new officers were elected as well. The new additions to the PHAP Cares Board of Trustees are: Mr. Vineet Gupta (President and General Manager of Eli Lilly Philippines, Inc.) and Dr. Justin Chin (Country President of Astra Zeneca Pharmaceuticals Philippines, Inc.). Ms. Theresa Martinez (General Manager

Chessfest... from page 9

The two-day event is part of the Foundation Anniversary of the host City led by Mayor Joseph A. Evangelista. “The city government of Kidapawan has been generously supporting the sports event since its maiden staging eight years ago,’” Calica said. The annual chess tourney has provided a challenging venue for chess enthusiasts, including new and aspiring players in the host city and the province of Cotabato to compete on a high level with the other top players in Mindanao. In fact, the Kidapawan Open has attracted top calibre chess players as shown by its past champions. International Master Edgar Reggie Olay, who was still then only a National Master from Kidapawan won the maiden edition in 2009. GM Oliver Barbosa (who was still an IM) then ruled it in 2010 followed by Davao’s Reynaldo Gempero Jr. the following year.

of Roche Philippines, Inc.) meanwhile is the newest member of the PHAP Board of Trustees. Outgoing members are Ms. Violi Remo (President and Country Manager of Pfizer, Inc.) and PHAP 2015 President, Mr. Francis del Val (President and Managing Director for GSK Philippines). Incoming officers for PHAP in 2016 are: Dr. Beaver Tamesis (President and Managing Director of MSD) as President, Dr. Nikolaos Tripodis (President and Managing Director of Novartis Healthcare Philippines, Inc.) as Vice President, and Mr. Raymund Azurin (President and CEO of Zuellig Pharma Corporation) as Treasurer. The following will serve as Trustees: Ms. Lourdes Magno (President of Hi-Eisai Pharmaceutical, Inc.), Mr. Carlito Realuyo (General Manager of Sanofi-Aventis Philippines, Inc.), Mr. Ramonito

Tampos (President and Managing Director of Merck Inc. Philippines), along with Mr. del Val and Ms. Martinez. Incoming officers for PHAPCares Foundation in 2016 are: Ms. Lourdes Magno as President, Mr. Vineet Gupta as Vice President, Dr. Justin Chin as Treasurer, with Dr. Tamesis, Dr. Tripodis, Mr. Azurin, and Mr. Tampos as Trustees. PHAP has been in the service of Filipinos for almost 70 years, collectively producing accessible, quality and life-saving medicines for all. The organization also partners with government, medical professions and nongovernment organizations in improving the overall healthcare situation in the country, aiming to help Filipinos live longer and healthier. To find out more about PHAP and PHAPCares, visit www.phap.org.ph.

Dimakiling, who is now based in Manila, then dominated it for four years. The event is a nineround Swiss System Open Tournament with time control of 30 minutes for each player for the entire game. The champion will bring home a cash prize of P15,000 plus a medal, while the first runnerup will get P10,000 plus a medal. The second and third runners-up will be awarded P5,000 and P3,000 with medals, respectively. The 4th to 9th runners-up will receive P1,000 each. Special awards and medals will also be given to the Best Kiddie Player, Best Junior Player, and Best Female Player. It is a brainchild of the KCCI under the leadership of Dr. Calica and in coordination with the Kidapawan City Government thru its Sports Coordinator Ramil Deldo and the Batch 85 – Notre Dame of Kidapawan Boys and Girls HS Alumni Association, Inc. Mayor Evangelista expressed his full support

to the 8thstaging and said that the tournament not only exposes the youth of Kidapawan City to top competitive chess but also molds them as deliberate and responsible leaders. “Many top rated players based in Metro Manila has also joined the event, thus making it one of the most anticipated events in observance of the city’s Foundation Anniversary,” said Evangelista. Registration is now on-going for all Filipino players of all ages, rated or non-rated, male or female, residing anywhere in the Philippines. Registration fee is P300 for players residing outside Kidapawan while Kidapawan City players will only pay P200. Players are encouraged to bring their own chess set and chess clock for the event. Deadline for registration is on February 6 at 9:00 a.m. All entries must be submitted by email at Kidapawanchessclub@ yahoo.com or contact Dr. Ted P. Calica(09392632482/(064)2885746) or Chief Arbiter Jojo Palero (0946-4067722).


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

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

B3

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|January 8, 2016


B4

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

friday|January 8, 2016


Turn static files into dynamic content formats.

Create a flipbook
BusinessWeek Mindanao (January 8, 2015) by Mindanao Daily News - Issuu