BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
Volume V, No. 15
Market Indicators
As of 6:13 pm July 10, 2014 (Thursday)
FOREX
PHISIX
US$1 = P43.38
6,937.21 points
7 cents
X
33.42 points
X
Briefly Livelihood aid THE Department of Labor and Employment (DOLE) Secretary, during the turnover of livelihood checks of approved Grassroots Participatory Budgeting Process (GPBP) projects in northern Mindanao, emphasized the need to make sure these funds are put to good use and progress seen in the community. Labor and Employment Secretary Rosalinda DimapilisBaldoz said that the livelihood support fund should be translated in terms of proper operation of businesses. This additional fund is a huge help as capital and will help augment jobs in the communities and barangays these businesses are located. There are 41 approved GPBP for the 2nd quarter of 2014 turned over to its Accredited Co-Partners, civic organizations, beneficiaries and proponents engaging 5,565 identified beneficiaries in six provinces of northern Mindanao which amounts to P17,661,448.
Nutrition hub OZAMIZ City – The city government here has signed a memorandum of agreement (MOA) with non-government organizations (NGO’s) and selected barangays for the establishment of the Pinoy Nutrition Hub (PNH), in the city. The PNH is an adaptation of the Positive Deviance Hearth (PDH) in the Filipino context, which will be tested in the selected pilot areas where malnutrition is prevalent, Lelita G. Navarez, City Nutrition Officer, said. She said the PDH is an approach that has been successful in decreasing malnutrition in the communities using local wisdom and local resources for treating and preventing malnutrition.
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On Bangsamoro Law:
1-yr later, same issues hound peace process D
By CAROLYN O. ARGUILLAS, MindaNews
AVAO City — Between July 8, 2013 and July 8, 2014, the peace panels of the Philippine government (GPH) and the Moro Islamic Liberation Front (MILF) had accomplished so much — having signed three of the four Annexes to the Framework Agreement on the Bangsamoro (FAB) and the Comprehensive Agreement on the Bangsamoro (CAB) itself – but they are back in Kuala Lumpur discussing the very same issues that hounded them last year and the rest of the 17-year old peace process. peace/PAGE 10
Prices of basic commodities in Northen Mindanao stable URBAN GARDENING. An urban container gardening practitioner waters her UCG on stilts in Sitio Puntabon, Barangay Bonbon, Cagayan de Oro City. photo by bong d . fabe
Sendong survivors use organic gardens to mitigate climate change (1st of 3 Parts)
By MIKE BAÑOS, Editor-at-Large
THE Department of Trade and Industr y maintains prices of basic and prime commodities in Region X (Northern Mindanao) are stable and have not gone up significantly, contrary to
some published reports (not on this paper). “Per conf ir mat ion wit h provincial of f ices there were no movements in the movements in the prices/PAGE 11
By BONG D. FABE, Correspondent
PERI-URBAN families — most especially women — mostly sur vivors of Tropical Storm Washi (Sendong) in this capital city of Northern Mindanao
region, have taken upon their slender shoulders the responsibility of increasing food security while at the same time adapting to and mitigating climate change
through small-scale organic farming. These women, from the villages of Bonbon, Indahag and Carmen, have realized organic/PAGE 10
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Misamis Oriental provincial gov’t turns over 30 emergency vehicles MISAMIS Oriental -Provincial Governor Yevgeny Vincente Emano on Wednesday has started to turn over the second fleet of 30 emergency response vehicles (ERVs)to various villages in the province’s first district.
He said that the fleet of 30 ERVs would be distributed in the hinterland villages in the coastal towns of Balingasag, Lagonglong, S a l a y, B i n u a n g a n , Sugbongcogon, Kinoguitan, B a l i n g o a n , Ta l i s a y a n , Medina, Magsaysay and the
component city of Gingoog. Emano said that the far thest villages would be given priority because the people living in these areas have no means of transportation in times of emergencies. Emano has started the distribution of ERVs as the provincial capitol launches
the Misamis Oriental Care System (MisOr CareS), a derivative of the national government’s PhilHealth program, this week in the clustere d tow ns of t he province first and second district here. He said that the MisOr CareS is an innovative health program of Misamis Oriental
that provides “absolutely free” medical and health services (including burial and scholarship grant as part of the program’s social component) to the people of Misamis Oriental. Emano has expressed the belief that the ERVs would compliment in the successful implementation
of the MisOr CareS program, especially in the transport of patients from far flung v i l l ages to t he ne arest provincial hospital. L a s t y e a r, M i s a m i s Oriental has distributed the first fleet of the 30 ERVs in the hinterlands of the province’s second district, Emano said. (PNA)
Infra projects up in Caraga THE Department of Agrarian Reform (DAR), in partnership with the Japan International Cooperation Agency (JICA), delivered various infrastructure projects worth P320.8-million in Caraga region. The infrastructure projects include farm-to-market roads (FMRs), irrigation program, bridges, potable water system, warehouse, solar dryer, school buildings, health center, and post-harvest facilities. DAR Regional Director
Faisar Mambuay said the development of Caraga region, being one of the poorest regions in the country, aims to reduce the incidence of poverty and raise the standard of living of farmers. “Caraga, whose residents consists mainly of farmers and fishermen, will greatly benefit from these infrastructure facilities. These [infra projects] will enhance the rural economy and in the process, create job opportunities in the region,” Mambuay said.
Among the projects that were turned over include the farm-warehouse and postharvest facilities for Tubod town in Surigao del Norte, Libas and Jabonga in Agusan del Norte, and Tagbabapsa i n R e me d i o s Tr i n i d a d Romualdez, Agusan del Norte. Last month, the Level II Pump in Doña Carmen, and Level II Pump in San Jose, both in Tagbina, Surigao del Sur, were completed, and turned over to the local government units (LGUs), and farmer
beneficiaries in the two areas. The road projects with corresponding bridges in the four areas of Tagbina were already completed, while the Phase II Marga-Hubasan road concreting project also in Tagbina is ongoing. “These projects are all under phase three of DAR’s Agrarian Reform Infrastructure Support Projects (ARISP III) and funded by JICA. Other ARISP projects are still ongoing to beat their target timeline,” Mambuay said.
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IN COOPERATION WITH
A S I A N H I L L S G R O U P O F C O M PA N I E S
P R E S EI NNC O TOPERATION WITH
ASIAN HILLS GROUP OF COM
P R E S E N T
Deadline extension for nominees: July
15, 2014
JULY 26, 2014 - Awards Night to be held at Centrio Mall Cagayan de Oro City
PA RT I A L L I S T O F N O M I N E E S
The 2012 Mindanao Business 2013 Mindanao Business for nominees: July 15, 2014 Leaders and Deadline extension Investors Awardees mega ENTEPRENEURS’ CATEGORY: A MINDANAO-WIDE SEARCH FOR: Entrepreneur Awardees JULY 26, 2014 - Awards Night to be held at Centrio Mall Cagayan de Oro City
The
Juan Acosta, Ph. D.
MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, CORPORATE CATEGORY TOFIL Awardee for Agriculture LAPANDAY FOOD CORP.
Dennis A.OF UyTHE YEAR (Mega & Medium) Johann Jake Mirandan OUTSTANDING ENTREPRENEUR
NESTLE Food Processing Industry
n OUTSTANDING BUSINESS LEADERS (Individual & Corporate Category) in the Fields of:
Dennis A. Uy of Davao City-based AYALA LAND INC. Johann Jake Miranda, is presiDr. Juan C. Acosta of Manolo For- Agri-business - Banking & Petroleum Finance, Philippines Inc. Phoenix Housing & Real Estate Industrydent of the Surigao Chamber BANKING & FINANCE, CORPORATE CATEGORY of Energy Dev’t/ tich, Bukidnon, has proven that - Alternative - Transport Industry gave honor to the city as the vehicle One Network Bank Commerce and Industry Presihardships can be surpassed.CEBU A veri-PACIFIC AIR INC. - Health Food Production - Housing & Realtywhen Dev’t; for his success he- received the table giant in Horticulture and Plant dent, Evergreen Tavern DevelHotel & Resorts Industry Airlines Industry prestigious Datu Bago Award & forRESOR Health Food Production & Marketing, today, Breeding Dr. Acosta’s imBANKING & FINANCE: AGRO & FOOD PRODUCTION opment and Management Cor- REAL ESTATE/HOUSING HOTEL Corporate Category 2013. mense contribution to the Filipino poration; General Manager, ENTRY REQUIREMENTS: COCA-COLA Bottlers Amley Food Corporation community are shining testaments Phoenix Petroleum Philippines Evergreen Lending Company, 1. Individual & Company/Establishment nominators shall fill up Nomination Forms available Phils Inc. President and CEO Dennis Uy has to the singular power of determinaInc.; Managing on-line Director, Hotel at the Sponsors Website, or the printed page of Businessweek Mindanao and Beverage Manufacturer Housing & Realty Development, tion and hard work over poverty. been nominated to the prestigious Tavern Surigao ; Mindanao Chairman, HuDaily issues or may be mailed if requested, from the Awards Secretariat. Corporate Category started as poultry& piggery backyard operation back 10th Asia Business Leaders Awards 2. Nominees or candidates in various categories shall be nominated by an individual, SAN MIGUEL BREWERY PUEBLO DE ORO DEV’T CORP. at early 70’sCommittee, and later diversified into poultry table He is a proponent of the BINHI-BULIG program, del a man Resources Evergreen Group of – Compain Zamboanga (ABLA). Beer Industry organization or group or the Local Government Units (LGUs) egg production, financial services and printing. With Bangladesh-inspired grameen (‘village’) banking and Executive Event ProducNorte has been extending variousmicroforms nies; Agri-business Uy by is the theffFounder, Chief orExecutive andProducer, Finance asMaradjao the3. coreNominations business of the shall be accompanied documentsPresident, which can and be mailed, emailed to in HOTEL,project RESORTS & Tourism Industry, finance in Northern Bukidnon. (Bukidnon tions. of financial service inBINHI the province in its Company. Alrose Group of Companies now operOfficer of Phoenix Petroleum Philippines, Inc., the fastest DEL(BaMONTE PHILIPPINES the awards secretariat not later than April 30, 2014. DAKAK BEACH RESPORT Integrated Network of Home Industries) and BULIG ates Jollibee, Greenwich to Red Ribbon, bracnches branches in Mindanao and Visayas. While president of the Surigao Chamber of Commerce Agro Industryall over the region. It is one of the growing independent oil company the Philippines. 4. biggest Brief Resume and History of the Nominee (Individual or Firm)in and - Photos (at leastUy 3) ; fast rangay Unified Livelihood Investments through Grameen and Industry, Miranda garnered for the SCCI thefood Most; Documentary chain in Mr. the Philippines. transformed the Davao City based petroleum IN AGRI-BUSINESS, INDIVIDUAL CATEGORY Nomination Form evidence such as certificates, awards or company citations to a Banking) extend collateral-free micro-loans and capabili- Outstanding Italpinas is a state of the art profesRIZAL COMMERCIAL Chamber Award for three straight years from Mt. Kitanglad programs to small entrepreneurs. It has nationwide brand of choice for Filipinos. ty-building benesional company engaged in archi2008 2010, elevating the SurigaoSELECTION Chamber of ComAgri-Ventures, Inc.poor women, who are mostly wives BANKING CORP.to(RCBC) located at Gov.oil Camins Aven PROCESS: fited over 5000 of lowPhoenix Petroleum became independent tectural and design eco services and the firstboanga in 1972 as the Rural Bank of Banking &merce LoanstoServices the Philippine Chamber ofThe Commerce and In-shall City and is just a sto income farmers, in Founded 130 barangays. BINHI, with a revolving Board of Judges be composed of known personalities from the Media, Business company to be listed in the Philippine Stock Exchange after . isPrevious engagedto inthis, Banana and Pineapple real estate investment development. Talacogon, Inc.,CATEGORY PBC has branches in Ba- dustry Hall of Fame. away from the airport. It is in 2007, Surigao was IN BANKING & FINANCE, INDIVIDUAL loan fund of P90 million, is the second largest cooperative Community, the Academe, and select government institutions invited by the Awards Secretariat the Oil Deregulation Law was passed in 1998. export products supplying Middle Eastern It supplies quality specialized eco yugan, Cabadbaran, Prosperidad, Sibagat, hailed ly 10 minutes away form the GOTHONG SOUTHERN D‘ Asian Hills Bank in Mindanao. lending program as the Most Business friendly City in Mindanao. - Entry forms and documents shall be furnished to interior each of the five judges places like Paseo Del Mar w services (architecture, design, Digos, Lupon, San Francisco, Sta. Josefa, & Cargo countries, Southeast Asia, and Australia. Evita BaShipping Services - Entries be published in the BWM & MDB and other newspapers go dining by the sea. project finance and management), Compostela, Oroquieta, Talacogon, and nana started in 2006 . Its main office is inshall Lanang, IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL - Results of the Selection Process shallinvestment be published in newspapers and other media outlets . identifying opportunities Kapalong. PRYCE PLAZA Davao City. Evita gets its supply of bananas from DUKA BAY RESORT INC. Awardees shall be personally informed the Secretariat mail, email Davao del Norte, some municipalities of Davao based on theby different typesBioco ofthru theis Roderico theorpresident of the MindHotel Industry del Sur, and Davao City. Its pineapple export are real estate eco products (residential, anao Grains Processing Inc. He was General SAGREX CORP. IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL harvested from Bukidnon. RATIONALE OF THE PROJECT commercial, industrial andMindanao tourism) inGrains Processing Inc.; Manager. APPLIANCES Eden Nature Park His company SONY exports - The achievements of various Mindanao business leaders and entrepreneurs need Inc. to be different geographic locations (Europe Adjudged Entrepreneur of Chairman Philippine Maize Federation Industry processed bananas amongAppliance others. the recognized, not only by government institutions and social awards but Federation from the media from Rome and Southeast Asian frombodies President, Philippine Maize Inc.as Year 2011 is Erramon IN MEGA-ENTREPRENEUR CATEGORY engages in the sourcing, Sagrex Corp. was named Emerg- Aboitiz, president and CEO Manila) and professional management and President Emeritus, PhilMaize, He is well. UNION GALVASTEEL LIMKETKAI & sons ing Entrepreneur of the Year in the the on government that domestic food - BusinessWeek as a forerunner ofurging information the various business leadership and production, shipment and marketing of various Mindanaoactivities. of Aboitiz Power Corp., Home Bldg & Materials From& yearly search conducted byIndustry Ernst security beitsprioritized. fresh fruits, primarily the export entrepreneurial of quality Cav-strides of Mindanaoans deems it as amust part of social responsibility to trumpet mother company of Davao IN MEGA-ENTREPRENEUR CATEGORY Incorporated in 1962, a one brick-and-mortar branch in 1980, endish bananas, Pineapple and Papayas in China, for others to emulate Young and SGV. such achievements andAlsons thus propel Mindanaoan consciousness every Bioco, agrees thataincentives must be given tointhose Development ZEALEP INC. LightJapan, and Power Company. Cantilan Bank has grown to 18 branches Korea, Middle East, New Zealand and Russia. Maranon is considered one economic and business stakeholder, whether or great,Corpothe responsibility to help Mindanao producing for local consumption. "I have nothing against agSUN CELLULAR &small Investment Aboitiz, 54, willhigh regard in the markets for Sumifru has gained andof 22Davao’s Micro Banking Offices operating most aggressive Mobile businessComm. achieve sustainable development of its exports. economy.I am just against them asking for tax inricultural Service Provider IN SME ENTREPRENEUR CATEGORY the excellent quality of the Philippines in its products. in the Caraga Region, Compostela Valley, represent White Beach Resor ration is one the leading real estate centives," heofadded. Roderico Bioco, whoCagwait is also president leaders. He had served as an officer the World Entrepreneur of SLERS Davao del Norte, Davao City, before as Waikiki firms operating in Davao City. Chamber Since its of Commerce of OF the Bukidnon Kaamulan and In-Beach of t SOLID TECHNOLOGIES MISSION & VISION THE AWARDS of the Davao City Chamber MY of Comthe YearManufacture Award in Monte pines when famous inception, the company been for atgovernment the dustry Inc., asked theashas provincial to present suf- America Cellular The holding of BWM Awards annually would serve catalyst a continued and concerted merce and Industry, Inc. and presi- Phone in Transport Service Industry of Davao is into producing premium Carlo. forefront of the realtoestate industry in Charles Lindbergh ficient information to justify the increases or imposition of saw the h effort of business leaders and entrepreneurs seek greater heights and strive for success YANSON Group of Companies dent of the Rotary Club of Davao, quality, farm fresh eggs. It has been Davao City, and withfees. projects such as Las formation like his hometown new taxes MX3 in the noble mission of propelling Mindanao and its people towards full economic growth and in the industry since 1980. Today, Terrazas, Woodridge Park and LadiHawaii islands. People from among other service clubs. Herbal Industry in Broadcast Industry the company distributes its products sustainable development. slawa Garden Village. It is backed up by is a multiferent places started flockin RADIO MINDANAO NETWORK the solid group of companies of the late awarded rural bank in Mindanao, has 28 in most major cities and provinces in Southern and the celebrations of Kaliguan SUPER 5 Conrado C. Alcantara, one of Davao’s branches and 8 financial solution centres Northern Mindanao. Its other line of business is ths resort. Cagwait White Be and one of the fastest growing financial Public Transport most prominent pioneers. in SPORTS & ENTERTAINMENT feedIndustry milling, and poultry. Send nominatons & documents to : an ‘Unseen Paradise’ but not in Lanao del Norte, Misamis Occidental, UC-1 CORP. SME ENTEPRENEURS’ CATEGORY: Misamis Oriental, Bukidnon, Zamboanga ABCI is a real estate The Awards Secretariat SM PRIME HOLDINGS del Norte, Zamboanga del Sur, Zamboanga PEEDBROS FRAM & development com& Superstores Industry Sibugay, and the cities of Iligan,Malls Ozamiz, TRADING CORP is a tropi- 2014 Mindanao Business Leaders Awards
PA RT I A L L I S T O F N O M I N E E S Alrose Group of Companies
Katipunan Bank
Peoples Bank of Caraga
Ferdinand Maranon
Garden Orchid H
Evita Banana Trading Co., Inc
Erramon Aboitiz
Roderico Bioco
Cagwait White Beac
Sumifru (Philippines) Corp
Cantilan Bank, Inc.
Iluminada Farms Inc.,
1st Valley Bank
Oro Asian pany in Northern Mindanao. Its famous project is&Xavier Automotive cal fruits and vegetable exporting company based BUSINESSWEEK MINDANAO ADS PROMOTIONS Estates due to its flood-free location, in Panabo City, DavaoLINDA Del Norte.CORONEL Its primary goals Tanlleh Bldg., Abellanosa St. , Consolacion st., excellent infrastructure, own water supply, Center are to provide high quality produce, responsive TESORO Paglaum Multi-Purpose lush greenery, security facilities, Dahilayan Gardens a Cagayan de Oro City and the service, and competitive pricing. Corp. is nestled at the base of beau Cooperative, Mis. Occ Linda Coronel Tesoro, is an en- largest, best-equipped club in Northern is an The automocompany has other preKitanglad. It is one of Bukidn trepreneur who runs one of the Mindanao. For inquiries Contact: On November 15, 2007, Paglaum MPC projects: Teakwood Hills, an idyllic resorts which encompasses a Virgilio Jose, a former most productive companies in miere started to operate the Pinoy Coop ATM enclave that has a breathtaking view of the in could ask for place to play, military officerand established tive institution. The first entrepreneur Cagayan de aOro DANTE SUDARIA, Chairman ALLAN MEDIANTE, Exec. Director Davao Region in the M. whole in Plaridel. In partnership with MASSand Macalajar Bay, Valencia unwind in the middle of som VjANDEP Bakeshop that by the mountains country. She is recognized SPECC, its program initiator, it is conon automotive industry because they are manufacturing 09177121424 09353370560 Estates in Bukidnon, Coral Pebbles Resort pristine landscape imaginabl producesProductivity VjANDEP Pastel-a ISEL V. MAKAPUGAY nected with the worldwide Megalink, National Council. their own in brand and design ofand vehicles like the Parejoromantic Van Misamis Oriental to weddings, getaw Spanish word for cake and a favorite Cagayan de an & Residences Expressnet and Bancnet providers. Aside from being Work.Area Business Center West Highlands, a golf and residential vacations adventure trip and SUV. They also sell and repair vehicles of otherand brands. Oro pasalubong item. The bakeshop’s production It has branches all over Misamis Occientrepreneur, Tesoro is a multiestate in Butuan. the comforts of home and th dental and Zamboanga, They always provide solution to the client vehicle's needs. expanded significantly following technical assisawarded humanitarian and civic a resort that is Dahilayan Ga tance and trainings on GMP, HACCP, CP+EMS, Work.Area Business Center is an instant digital printing leader. She many barriers Resort. MPEX, ISTIV, and packaging andbroke labeling developand business center which caters a wide target market. It forflagship womenSmall not Enterprise only in Davao EVER LASTING GOLDEN FLOWER, INC. VCDU REALTY ment through DOST’s FICCO First has Desktop ublishing/Printing/Photocopying and BusiTechnology Upgrading Program or SET-UP. Community is a real esCORP City, but in the entire country. Ever Lasting Golden Flower Inc. of Buness Center services. Work.Area was first started in 1999 She is a recipient of the prestigious Aurora Aragon tate developer primarily tuan engaged rental/ Lemongrass locally as a photocopying shop with just aCooperative unit of photocopying(CaCityinprocesses given to an Farms individual Red leasing, housing development in the city de Oro City Monastery machine, a desktop computer andgayan a printer. The busi- Quezon Award, the highest award known as Tanglad. It is 100% Organic volunteer for her significant to the promo- of Butuan. VCDU REALTY CORPORAis the to biggest open community cooplocatedcontribution at the Benedictine ness idea was introduced general manager Ms. Isel V. Cross harvested fresh , thenRR direct steam Spring distechnology tion of the Red Cross mission and to community service. Te- TION uses the best building erative in the Philippines with 156,000 Monastery of Transfiguration Family Re Also brought to you by: Makapugay, duringmembers her employment Philippine forms systilled. Bottled in new One clearofplastic bottles Service Above as of Marstint 2012atand assets of soro also received the RotaryatInternational San Jose, Malaybalay City Self and state - of the - art "patented the more awe-inspirin tem" creating the real estate development Fuji Xerox Corporation. Upon her retirement from the 5.6 Billion. Its vision and cited MSawardee, the highest recognition givenastoOutstanding an individual Rotaramong many resorts in th ready toare ship. It has over 4the hectares of high quality. Standard ofand excellence giant corporate entity, small the dream took shape. is toa uplift standard of living and ian who has rendered exemplary humanitarian services. of Bukidnon is RR Family Sp MEs awards recently. Its famous brewed coffee its top priority which gained high acceptquality of life of cooperative members Lemongrass ready to harvest. sort or popularly known by l packs are the favorites of local tourists. ance from its buyers. and help build the middle classes of Resort. It is found in a relati Mindanao. area in Dologon, Maramag 3 south of Malaybalay City and Also brought to you by: eters south of Valencia City. R CENTRIO MALL BRANCH Spring Resort is overlooking River. RR Family Spring Reso of A family-friendly staff, am views. The resort is now getti new visitors and patrons bec wonderful scenery and them swimming pools which are c CENTRIO MALL BRANCH for both adults and kids. Pagadian, Oroquieta, Dipolog, Cagayan de Oro, Gingoog, and Zamboanga.
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BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
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Auto sales jump 25% in 1H FIRST-half sales of the biggest organization of auto companies rose by a fourth on the back of double-digit sales in both the passenger car and commercial vehicle segments. In a joint statement, the Chamber of Automotive Manufacturers of the Philippines Inc (Campi) and the Truck Manufacturers Association Inc (TMA) said combined sales reached 108,957 units in the January to June period, up 25 percent from the 87,228 in the same 6 months of last year. Passenger car sales drove growth, increasing 45 percent to 40,609 units this year from 28,035 in 2013. Commercial vehicles sales trailed with growth of 16 to 68,348 units this year from 59,193 last
year. In June alone, overall sales rose 38 percent to 19,622 units from 14,240 units in 2013, but was flat from the previous month’s 19,598. Toyota Motor Philippines Corp still was the bestselling car company with a 45 percent share of the market for total sales of 48,512 units. Mitsubishi Motors Philippines Corp trailed its fellow Japanese carmaker, with a 23 percent or sales of 25,066. Ranking third was Ford Motor Co, after the American carmaker sold 8,864 units for an 8.14 percent of the market. Placing fourth and fifth were Isuzu Philippines Corp and Honda Cars Philippines Inc with 5.9 percent and 5.25 percent, respectively, of the
market. “It is apparent that the market’s ongoing demand and increasing purchase intent have positively boosted the morale of the automotive industry for the first quarter. We are equally pleased with the overwhelming results for the second quarter as sales continue to increase,” said
Campi president Rommel Gutierrez. “As for the month of July, we are expecting to have stable to higher sales, with our confidence essentially built on the positive response of the automotive market for the new models and marketing activities,” he added.
Aboitiz’ subsidiary gets franchise renewal Ozamiz Power AB OITIZ Power Corp’s subsidiary has renewed its Congressional franchise to distribute electricity in Mindanao. In a statement, AboitizPower said wholly owned Cotabato Light and Power Co’s license was renewed by the House of Representatives. Republic Act No. 10637 grants the utility the right to
construct, install, establish, operate and maintain a distribution system. The utility distributes electricity in the city of Cotabato and portions of the municipalities of Datu Odin Sinsuat and Sultan Kudarat -- both in the province of Maguindanao. The renewal, signed by President Benigno S. Aquino III last June 16, shall be in
effect for a period of 25 years or up to 2039. Incorporated in 1938, Cotabato Light held a 50-year distribution franchise, which was extended for another 25 years in 1990. The utility serves more than 35,000 c ustomers through its 3 distribution substations. The company likewise maintains a 6.5-megawatt diesel plant.
PAHIBALO Alang sa tanang membro-konsumante sa FIBECO Kamo gipahibalo nga ang atong schedule nga 32nd Annual General Membership Assembly o AGMA karung Hunyo 29, 2014 sigun sa naunang pahibalo, kini giuswag ngadto sa HULYO 12, 2014 adlaw nga Sabado pinasikad sa Board Resolution # 064 serye 2014 ug naaprobahan sa National Electrification Administration o NEA tungod sa rason nga ang pipila ka Clustered venue dili available sa unang schedule kay kumplekto sa kalihukan sa ubang lungsod. Ang mga CLUSTERED VENUES nga duol ug kumbenyente alang kaninyo mao kining mosunod:
Municipality
Venue
Valencia City ug San Fernando
-
Valencia City Central Elem School
Maramag ug Pangantucan
-
FIBECO Covered Court, Maramag
Kalilangan ug Wao
-
Kalilangan Covered Court
Quezon
-
Quezon Municipal Gymnasium
Don Carlos ug Kitaotao
-
Don Carlos Municipal Gymnasium
-
Kibawe Municipal Gymnasium
Dangcagan, Kibawe Damulog ug Kadingilan
Ang pagpangrehistro pagasugdan sa 10:00 sa buntag hangtud ala 1:00 sa hapon. Ang programa magasugod sa ala 1:00 sa hapon hangtud mahuman ang maong kalihukan. Adunay RAFFLE DRAW sa matag clustered venue human sa business proper. Busa ayaw kalimot!! Karong Hulyo 12, 2014, giawhag ang tanang membro-konsumante sa pagtambong niini nga panagtigum. Palihug pagdala sa inyong FIBECO ID o ubang valid identification card.
Nagpahibalo,
(SGD) DIR. FELIX G. VERGARA JR. Board Secretary
considering 300-MW power plant
A NEW 300-megawatt (MW) coal-fired power plant is being planned for Misamis Occidental, data from the Energy department showed. In its latest list of private sector-initiated projects, the department said Ozamiz Power Generation, Inc. is currently conducting a feasibility study for the project which will be located in Barangay Pulot, Ozamiz City. The plant will be developed in two phases -- the first involving two units with 100-MW capacity each and the second covering another 100-MW unit. The first phase is targeted for completion in 2017, while the second phase will follow a year after. plant/PAGE 10
More oil firms rollback pump prices OT H E R oi l c omp an i e s followed the lead of market competitors in this week’s P0.85 per liter rollback in diesel prices and P0.95 per liter for kerosene products. The oil companies which also cut prices Tuesday midnight include Petron C o r p o r at i o n , C h e v r o n Philippines, Total and the rest from the league of independent players. They offered the same ‘softening of prices’ in the world market as justification for the price reduction at the pumps. Prices move weekly for petroleum commodities in the country, but it widely follows trend in the world market. No a d j u s t m e nt w a s implemented for gasoline products this week, although industry players indicated that there should have been plant/PAGE 10
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Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
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IN COOPERATION WITH
A S I A N H I L L S G R O U P O F C O M PA N I E S
P R E S E N T
Deadline extension for nominees: July
15, 2014
JULY 26, 2014 - Awards Night to be held at Centrio Mall Cagayan de Oro City
2012 Mindanao Business Leaders and Entrepreneur Awardees
The
MOST OUTSTANDING MINDANAO BUSINESS LEADER IN AGRI-BUSINESS, CORPORATE CATEGORY LAPANDAY FOOD CORP. BANKING & FINANCE, CORPORATE CATEGORY One Network Bank Health Food Production & Marketing, Corporate Category Amley Food Corporation Housing & Realty Development, Corporate Category PUEBLO DE ORO DEV’T CORP. in HOTEL, RESORTS & Tourism Industry, DAKAK BEACH RESPORT IN AGRI-BUSINESS, INDIVIDUAL CATEGORY Mt. Kitanglad Agri-Ventures, Inc. IN BANKING & FINANCE, INDIVIDUAL CATEGORY D‘ Asian Hills Bank IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL DUKA BAY RESORT INC. IN HOTEL, RESORTS & TOURISM DEV’T, INDIVIDUAL Eden Nature Park IN MEGA-ENTREPRENEUR CATEGORY LIMKETKAI & sons IN MEGA-ENTREPRENEUR CATEGORY ZEALEP INC. IN SME ENTREPRENEUR CATEGORY SLERS in Transport Service Industry YANSON Group of Companies in Broadcast Industry RADIO MINDANAO NETWORK in SPORTS & ENTERTAINMENT UC-1 CORP.
The
2013 Mindanao Business Investors Awardees
NESTLE Food Processing Industry AYALA LAND INC. Housing & Real Estate Industry CEBU PACIFIC AIR INC. Airlines Industry
A MINDANAO-WIDE SEARCH FOR: n OUTSTANDING ENTREPRENEUR OF THE YEAR (Mega & Medium) n OUTSTANDING BUSINESS LEADERS (Individual & Corporate Category) in the Fields of: - Agri-business - Banking & Finance, - Alternative Energy Dev’t/ - Transport Industry - Health Food Production - Housing & Realty Dev’t; - Hotel & Resorts Industry
COCA-COLA Bottlers Phils Inc. Beverage Manufacturer
ENTRY REQUIREMENTS:
SAN MIGUEL BREWERY Beer Industry
2.
DEL MONTE PHILIPPINES Agro Industry RIZAL COMMERCIAL BANKING CORP. (RCBC) Banking & Loans Services GOTHONG SOUTHERN Shipping & Cargo Services PRYCE PLAZA Hotel Industry SONY APPLIANCES Appliance Industry UNION GALVASTEEL Home Bldg & Materials Industry SUN CELLULAR Mobile Comm. Service Provider MY SOLID TECHNOLOGIES Cellular Phone Manufacture MX3 Herbal Industry SUPER 5 Public Transport Industry SM PRIME HOLDINGS Malls & Superstores Industry
1.
3. 4.
Individual & Company/Establishment nominators shall fill up Nomination Forms available on-line at the Sponsors Website, or the printed page of Businessweek Mindanao and Mindanao Daily issues or may be mailed if requested, from the Awards Secretariat. Nominees or candidates in various categories shall be nominated by an individual, organization or group or the Local Government Units (LGUs) Nominations shall be accompanied by the ff documents which can be mailed, or emailed to the awards secretariat not later than April 30, 2014. Brief Resume and History of the Nominee (Individual or Firm) and - Photos (at least 3) ; Nomination Form ; Documentary evidence such as certificates, awards or citations
SELECTION PROCESS:
The Board of Judges shall be composed of known personalities from the Media, Business Community, the Academe, and select government institutions invited by the Awards Secretariat - Entry forms and documents shall be furnished to each of the five judges - Entries shall be published in the BWM & MDB and other newspapers - Results of the Selection Process shall be published in newspapers and other media outlets . Awardees shall be personally informed by the Secretariat thru mail, or email
RATIONALE OF THE PROJECT
- The achievements of various Mindanao business leaders and entrepreneurs need to be recognized, not only by government institutions and social awards bodies but from the media as well. - BusinessWeek Mindanao as a forerunner of information on the various business leadership and entrepreneurial strides of Mindanaoans deems it as a part of its social responsibility to trumpet such achievements for others to emulate and thus propel a Mindanaoan consciousness in every economic and business stakeholder, whether small or great, the responsibility to help Mindanao achieve sustainable development of its economy.
MISSION & VISION OF THE AWARDS
The holding of BWM Awards annually would serve as catalyst for a continued and concerted effort of business leaders and entrepreneurs to seek greater heights and strive for success in the noble mission of propelling Mindanao and its people towards full economic growth and sustainable development.
Send nominatons & documents to:
The Awards Secretariat 2014 Mindanao Business Leaders Awards
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Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
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Classroom of Life
T
hink a minute…Remember when you were in school? You know who’s best at doing tests, but you don’t know who will succeed at the tests of life. By the time we’ve finished 10-12 years of school, we’ve learned some accounting with debits and credits, but we’ve still not learned how to truly forgive our debtors and people who have wronged and hurt us. We know what direction Japan is, but we’re not sure which way we should go in life. In school, we learn how to do everything except how to live! It’s after we finish school that we must start learning how to live in the classroom of real life. So who is the right teacher for us? Who can best teach us how to live well? Isn’t it logical that whoever invented life is the One Who knows how life best works? This is on of the reasons Jesus Christ became a human being—as the Teacher of real living. He explains and shows us the way God designed life to be lived. That’s why Jesus is the only person in history who could ever come back to life after dying and being buried for 3 days. He’s still teaching today! So we would be smart to listen and do everything He tells us are the principles for living a successful and satisfying life. If you put your life in Jesus’
THINK
A Minute
By Jhan Tiafau Hurst
hands, He will work everything together for good in your life. Jesus will show you what to do about your boss who is unfair to you. He’ll teach you how to pay back your debts and manage your money problems. Jesus will show you what you can do so your child won’t feel so angry and rebel against you. He’ll show you how to change and improve your marriage relationship. And Jesus will help you do your best in school. Jesus can even use your mistakes to teach you lessons on how to live well and right. But you must first join His class. So won’t you ask Jesus to forgive you for living your wrong way, and ask Him to become your life’s teacher in charge of your life. Then, He can start showing you how your life was made to really work the way you want it to. Just Think a Minute…
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Cut Through the Clutter with Well-Crafted Marketing Messages
S
o, you’ve worked on developing your customer relationships and have a great rapport with them. You’ve figured out your target market and are ready to launch a great, compelling campaign just for them. But before you jump right in, there’s one more thing you have to do: cut out the clutter. Many e nt re pre ne u rs make the mistake of trying to pack too much into each marketing opp or tunity. They try to make each ad the proverbial jack of all trades that ends up being good at nothing. This is problematic because not only does it make your marketing
campaign less effective but it negates the investment you made in learning about your target market. So, how can you cut t hroug h t he market ing clutter? Remember your target market. Don’t forget that you have a target and that you know how to talk to them. Remember that you get to tell the whole story later. Ads are designed to entice and intrigue people. Ads pique a prosp e c t’s curiosity, so that they will go to your website or come to your business to get the whole story. Ads don’t have to tell the whole story. Remember,” Brevity is the soul of wit”. Shakespeare
wrote it hundreds of years ago but it is still true today. Never use more words when one will do. In writing, specificity is power. Remember to avoid gimmicks. The world, especially online, is crowded with marketing messages. Avoid the gimmicks. Put clear, concise, and quality content in your ads and they will stand out from the crowd. Quality and clarity are the opposite of clutter. Think about areas of your life that are cluttered. How well do you work when your office is cluttered? How good does food taste when eaten in a messy kitchen? How easy is it to drive on a crowded street? Clutter
MORE POWER!
an entrepreneur’s road map to success
By BOB BARE
takes the enjoyment out of so many things. Don’t let it take the power out of your marketing campaign. Don’t waste all the time and money you spent building your great ads by crowding out your message.
SC: Criminal Raps Maybe Filed vs. DAP Creators
L
IFE’S INSPIRATIONS: “…`This is how it will be at the end of the age. The angels will come and separate the wicked from the righteous and throw them into the blazing furnace, where there will be weeping and gnashing of teeth’…” (Jesus Christ, our God and Savior, in Matthew 13:49-50, the Holy Bible). -ooo C L A R I F Y I N G PERCEPTIONS ON SC D E C I S I O N O N DA P : Okay, okay, okay, let us all get this very clearly about the Supreme Court decision o n t h e “d i s b u r s e m e n t acceleration program” or DAP of President Aquino. First, the court recognized that DAP is legal and in accord with the 1987 Constitution. The court even conceded that the President has flexibility in spending government funds to stimulate the economy. Second, the tribunal also recognized that Aquino’s use of DAP resulted in quantifiable economic benefits to the nation. But, the Court said, Aquino’s having given money belonging to the Office of the
President to another branch of government, which is the legislature, violated the 1987 Constitution, because of the prohibition in the Charter against using money allocated to one branch for the benefit of another branch. Then, the Court also ruled that some of the money used by Aquino for his DAP were illegally collated, because they did not come from “savings” of agencies under the executive department. In layman’s language, the tribunal noted that Aquino’s classification of the money taken from the different offices of the executive department as “savings” was not legally correct, because they were not savings at all. -ooo SC OPENS FILING OF CRIMINAL RAPS VS. DAP AUTHORS: As a consequence, the Court in reality invited the filing of criminal, civil, and administrative charges against Aquino, Budget Secretary Florencio Abad, and the lawmakers who gave, albeit illegally and unconstitutionally, Aquino
the power to transfer money of the executive department to senators who voted to impeach Renato Corona througthe General Appropriations Acts (GAAs) of 2011 and 2012. The tribunal said in the concluding paragraphs of its Decision on the DAP that the “doctrine of operative facts”--which simply means that the effects of an illegal act can no longer be undone--does not absolve or exempt from criminal liability the “authors, proponents and implementors” of the DAP, unless, in the cases that will (or must) be filed against them, they can show “good faith”. Now, with the foregoing, it is not difficult to see that “good faith” can never be a defense available to Aquino, Abad, and the lawmakers who obviously conspired with them to give birth to DAP. Why? Simply because Aquino, Abad, and these lawmakers knew, when they plotted to put up the DAP to allow Aquino to collate money from the executive department to be given to
K ak ampi
Mo A ng Batas
By Atty. Batas Mauricio
senators and lawmakers in the Corona impeachment, that what they were doing was illegal. -ooo PNOY, ABAD, KNEW OF ILLEGALITY OF DAP FOR LAWMAKERS: Why am I saying that all of them knew, from the start of their plans to create the DAP, that what they were doing was illegal? Well, the crafting and enactment of the GAAs of 2011 and 2012 gave them away. The fact is that, these two budgetary laws confirmed that our officials knew that it was against the Constitution for Aquino to Batas/PAGE 11
Husbands and Wives
A
s priest, I, of course, get consulted many times about marital issues. Husbands and wives come to ask about how to resolve certain challenges, difficulties and trials they are undergoing with their respective spouses. I consider it a great privilege to be able to journey with couples in their marital and family life, and I just hope that I still can have time to continue enjoying this privilege. Through the years, this experience has given me a deeper appreciation of the mystery of marriage where God’s abundant grace of marriage has to contend with the freedom of men and women that can go every which way. And through the years,
my conviction has also grown stronger and deeper that the most crucial thing to do to make marriage work as it should is to make the spouses become more human, more Christian, more in love with a love that is authentic and not fake, a love that can only come from God who is in fact the only source of love. All the practical pieces of advice, I believe, have to start and end with God, have to make the couples closer to God. Of course, this truth may not have to be told to the concerned parties directly, bluntly and in the raw. Many husbands and wives are not yet ready to grapple with the ultimate religious dimension of marriage. They find it hard to shift from being formalistic and casual
to being serious and resolute about God’s role in marriage. And so with gift of tongues, the suggestions and pieces of advice have to be couched in terms more immediately acceptable to them. The idea is not to scare them, but to lead them little by little to where the secret of marital success lies. The secret is actually no secret, because it all too well known. Marriage is not a human invention. It is part of God’s creation, and as such has laws, requirements, means and purposes that have to be respected and followed as much as possible and with utmost freedom. Marriage is love personified in two persons, a man and a woman, who in both their bodily and spiritual
HINTS
and
Traces
By Fr. Roy Cimagala
dimensions have to reflect the very love of God for us, the indestructible love of Christ for his Church. The love required for marriage is none other than God’s love that goes all the way, that can weather all kinds of situations-for better, for Cimagala/PAGE 11
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It’s All About Health and Beauty at Shopwise DR. GYUNG GYU PARK HEADS COMMEMORATIVE It’s all about beautiful hair, enchanting eyes, an attractive smile, undeniable confidence, toned physique and youthful skin as Shopwise celebrates its Health and Beauty Festival this July. Get that unforgettable glow, charming smile and healthy physique with a bevy of eye-catching promos and enticing discounts at CDO’s one-stop shop for great deals and amazing discounts until July 30. Enjoy buy one get one offers on select beauty products everyday. For soft and smooth skin that’s a joy to touch, buy 1 Human Nature Facial Wash 200ml and Get 1 Human Nature Lotion Blossom Beauty 50ml for FREE. Turn heads with your shiny and sweet-smelling hair with Sunsilk. Buy 1 Sunsilk Shampoo 180ml and Get 1 Cream Silk Standout Straight 90ml for FREE. Nothing looks lovelier than a sincere smile and fresh breath. We’ve got it covered with our Buy 2 Take 1 of Colgate Fresh Confidence 145ml for only P198. Beauty is definitely more than a pretty face. It also means a fit and lean body. If you don’t have the time to
VISIT OF TECHNOCRATS FROM SEOUL NATIONAL UNIVERSITY OF SCIENCE AND TECHNOLOGY TO CDO
go to the gym, Shopwise has the best bargains on fitness gadgets and equipment. The Aptor AB Rocket is on sale for only P1,599. If biking is your thing, check out the Mountain Bike Alcoy run for only P2,999. Say goodbye to harmful carbonated drinks and concoct your own yummy drinks with the Hanabishi Citrus Juicer for only P399. Visit the discount board for coupons which can be used to purchase your favorite prettifying and health products. Different brands and products will be featured
every week. Simply present your coupons at the counter upon payment to get the corresponding discount. Try your luck in hitting the jackpot in the Beauty Sweetstakes corner. For a minimum purchase of P800 worth of any items, get the chance to spin the roulette to win instant cash. Get bonus rolls for purchase with P100 worth of partner sponsor, major or minor products. At Shopwise, one gets the best value and quality with everyday big deals, big shopwise/PAGE 11
Misamis Oriental Governor Yevgeny Vincente B. Emano leads the distribution of MisOr CareS access cards to beneficiaries at MOPH-Claveria earlier today. Residents express their gratitude over the province’s new health and social services program. Further, an extension office is opened plus an emergency vehicle is given to Claveria provincial hospital.
WHEELCHAIRD DISTRIBUTION - VICE GOVERNOR JOEY G. PELAEZ consoled with the beneficiaries of wheelchairs he distributed last 1 July 2014 in the Municipality of Lagonglong, Misamis Oriental. The wheelchairds were donated by Children International Philippines, Inc. (CIPI). It will be recalled that CIPI also donated books which Vice Governor Pelaez distributed throughout Misamis Oriental.
A delegation of thirteen (13) technocrats of various professional fields from the Seoul National University of Science and Technology, of the Republic of Korea, will visit Cagayan de Oro City this week for their international studies immersion and outreach program on Urban Planning and Development. The group of post graduate interns will be headed by R. GYONG GYU PARK, who is the concurrent dean of the Engineering Department and Post-Graduate School of the University. A well respected Urban Planner and Development Consultant in the capital city of Seoul, S out h Kore a, Dr. Park distinguished himself as an author of many technical references on urban planning, as well as a practitioner of spatial development in urban centers, housing and residences planning,
traf f ic safety facilities, ecological architecture and environment, new town approaches, and urban renewal to name a few fields of his expertise. The group will conduct mission briefing and round table discussions with select deans and academia from Liceo de Cagayan University on July 11th, 2014. A welcome cocktails will follow after which a Cultural Show at the Rodelsa Hall will be tendered in their honor. The commemorative visit of DR. PARK GYONG GYU and delegates is part of the internationalization efforts of Liceo de Cagayan University under the stewardship of its Chairman, Dr. Rafaelita P. Pelaez. This effort is also part of the preparation for ASEAN 2015, the integration of all member Asean countries to expand academic networking and collaboration beyond
borders. Also with Dr. Park is President Ko Yong Soon, Mr. Lee, Sang Dae, Mr. Lee, Chul Ho, Miss Kweon, Su Mi, Miss Kim, Aeri, Mr. Song Il Han, Mr. Lee Deu Ku, Miss Kim, Hyun Kyung, Miss Son, Kyeong Ha, Mr. Won, Ga Ram, Miss Kim, Yu Na, and Mr. Kim, Jong Sung, all from the Seoul National University of Science and Technology, Republic of Korea.
BusinessWeek MINDANAO
8
Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
friday|July 11, 2014
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
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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
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
BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406
PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438
BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263
PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184
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CHINA BANK –GAISANO 745887/745880
QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390
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
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 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.
#58 Tiano FernandezSt.CDO 727215/ 8563552 *805
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BSP readies policy arsenal amid rising inflation THE Bangko Sentral ng Pilipinas (BSP) is preparing a menu of policy actions that it could unveil later this month to deal with potential risks, including higher inflation and the shift in risk appetite. “Given these, we have a number of tools available to us and these are always on the table if and when there is a need to use them then we will not hesitate to adjust policy settings: policy, meaning, not policy rates but the stance of monetary p ol ic y,” B SP G ove r nor Amando M. Tetangco Jr. said on the sidelines of the Annual Stakeholders Meeting on Wednesday.
The BSP’s Monetary Board is holding its next policysetting meeting by the end of the month. The upcoming meeting comes against the backdrop of rising inflation, which has led the central bank to raise banks’ reserve requirement ratio twice, and its special deposit accounts (SDA) rates once so far this year. “What we are doing at the Bangko Sentral is to monitor both domestic and global developments and assess how these would likely affect inflation outlook and financial stability,” Tetangco said. “So we are monitoring
these. The main area of focus of the BSP continues to be the inflation outlook,” he said. Despite inflation climbing past the mid-point of the fullyear target range, Tetangco said the central bank’s latest assessment point to “still within the target range” for 2014-2015. “Overall, the assessment continues to be that the average inflation this year would likely fall in the target. That is also the same assessment that we have for next year. For the average inflation for next year, it is projected to fall within the target of 2 to 4 percent,”
Tetangco said. “We saw some deceleration in the inflation rate in June -4.4 percent from 4.5 percent. So we are looking at that. We will continue to assess whether this is something that would continue or there would be some ups and downs in the inflation rate for the rest of the year,” he said. “On the domestic side, we continue to focus on the behavior on liquidity and the domestic financial markets particularly the foreign exchange market and the bond market which can be affected by developments overseas,” he added.
Foreign investments surge fourfold at start of 2Q THE Philippines in April was a net recipient of foreign direct investments (FDI), which rose fourfold at the start of the second quarter of the year. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country enjoyed net FDI inflows of $597 million last April, 4 times the $149 million seen in the same period last year. FDI pertain to money
invested by foreigners in the country to put up businesses or expand existing ones, and as such create jobs. The incre as e in net inflows last April however was driven by intercompany borrowings, or money that foreign companies lent their local subsidiaries or affiliates. Such inflows reached $518 million on net, a big jump from the $23 million a year ago.
Microinsurance rules tweaked THE BANGKO Sentral ng Pilipinas (BSP) has approved amendments to rules governing microinsurance products, raising a cap on premiums and widening the benefits for non-farm workers in Metro Manila. In Circular No. 841, Series of 2014 released Friday last week, BSP Governor Amando
M. Tetangco, Jr. said that the Monetary Board “in its Resolution No. 932 dated 11 June 2014, approved the amendments to the Manual of Regulations for Banks particularly Appendix 45 of Section X361 on the notes on microfinance.” In particular, Item I on the “General features of a microinsurance product,” as provided by the Insurance Code, was amended, the brief circular said. The new set of regulations provides that the “amount of contributions, premiums, fees or charges, computed on a daily basis, does not exceed 7.5% of the current daily minimum wage for nonagricultural workers in Metro Manila.” Jose Modesto M. Rubio, pre s i d e nt and C E O of microfinance player BPI Globe BanKO, said in a mobile phone message that the amended figure of 7.5% “used to be 5% of current [daily] minimum wage.” The BSP also capped the maximum sum of guaranteed benefits to “not more than 1,000 times of the current daily minimum wage rate for nonagricultural workers in Metro Manila.” “This used to be 500 times current [daily] minimum wage instead of 1,000,” Mr. Rubio said. Microinsurance, as defined by the Insurance Commission, is an activity providing insurance products and services that meet the needs of the low-income sector for risk protection and relief against distress, misfortune and other contingent events. Regulators have been ramping up interest in microfinance to provide financial services to small and marginal farmers, rural artisans, the self-employed in the urban informal sector, rules/PAGE 11
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9 Iligan City mentor hailed STEAG Exec urges ASEAN firms as most outstanding teacher to adopt vision for resiliency By IRENE JOY B. DAYO
Iligan City teacher, Enerio E. Ebisa, is this year’s Most Outstanding Public School Teacher, awarded by Rotary Club of West Cagayan de Oro. Ebisa is a 34-year old Master Teacher and OIC-School Head of Dona Juana A. Lluces Memorial Central School at Palao, Iligan City. In an interview with Mindanao Daily News during Most Outstanding Public School Teacher awarding ceremonies held July 9 at The VIP Hotel, he said that he dedicate the award to her 78-year old mother for everything he has came from her. Ebisa is very grateful for the award. He said that this award gave him confidence and honor. He declared that being a teacher made him proud because best part of being one is he can show his own self to his students. He is in the service for more than 12 years already and he mentioned that the most challenging part is when his class is diversed and he is not prepared for it. In such situation, he encouraged that teachers should do everything possible in order to give a good response. Teaching is not just about giving the contents of lesson but as well teaching them to acquire skills and values, he said. In addition, he thanked RC of West CDO for recognizing and inspiring him and his fellow teachers. In his response message, he commended RC of West CDO for being the sole rotary club he know that recognize the efforts of educators. Moreover, he encouraged the club to continue making breakthroughs and as well in supporting Department of
Education, especially the teachers. “I also wish Rotary a grow in number so that a lot of people will benefit from your programs,” he said. Grand winner Ebisa received P70,000.00 cash prize with plaque. His school also received P12,000.00 and an HP printer. First runner-up Edlyn J. Alolod received 30,000.00 with plaque, and won P8,000.00 and wall fan for her school Daan Lungsod Elementary School at Daan Lungsod town at Gingoog City. Second runner-up Vivian S. Diamante from Bongbongon Elementary School of Cagayan de Oro City received P20,000.00 and a plaque also. Her school received P5,000.00 and wall fan. P5,000 and certificates of recognition are awarded to third, fourth and fifth runner-ups Melinda M. Garabato of Odiongan National High School, Raymond E. Sabunod of Maac National High School and Ma. Analiza V. Sabello of City Central School in CDO, respectively. City Mayor Oscar Moreno congratulated the winners and commended RC of CDO West for an event conducted which is a part of the RC of West CDO’s Joint 45th Handover and Induction Ceremony with the Inner Wheel Club of West Cagayan de Oro and RC of West CDO Foundation. The mayor said that these rotarians are not just changing lives but changing communities. RC of West CDO is led by outgoing president Rommel Esquerra and President-elect Dante Briones. It is a premier club of Rotary International District 3870.
friday|July 11, 2014
By MIKE BAÑOS
SPI Plant Manager Dr. Carsten Evers leads other plant employees in an emergency drill as part of its on going efforts in practicing Business Continuity Management exercises. The BCM Program of SPI has been adopted to protect the business operation of the plant as well as its most valuable assets - its employees.
CAGAYAN DE ORO CITY -The highest ranked executive of Mindanao’s biggest power plant has urged ASEAN companies to build up their resiliency to cope with natural and man-made disasters to assure the continuity and sustainability of their respective enterprises. “Business Continuity is more than just about recovering business functions from a disaster. It is ensuring that critical business functions continue promptly in the event of a disruption or disaster,” stressed Carsten Evers, power plant manager of STEAG State Power Inc. during the Personnel Management Association of the Philippines (PMAP) 16th Mindanao Summit recently hosted by Cagayan de Oro City. STEAG owns and operates Mindanao’s largest and most modern plant. In his talk, “Business Continuity Management: Leadership in Crisis and Disaster Preparedness Response”, Dr. Evers shared his company’s recent crisis experience when the power plants two turbines were damaged in an industrial accident. “As a leader, you must have a vision for crisis resolution. Without a clear and compelling vision for response and recovery, you will not be able to adequately lead your people during times of crises.” “Your people will be stressed out and deadlines time-compressed. Information will be inadequate and the high consequences of your responses could determine if people will be harmed, careers ruined and your company seriously damaged,” he added. The BCM Institute defines BCM as “an organization-wide discipline and a complete set of processes that identifies potential impacts which threaten an organization. It provides a capability for an effective response that safeguards the interests of its major stakeholders and reputation.” Dr. Evers cited the five guiding principles for managing a crisis and how STEAG closely observed them in dealing with its disaster: (1) Well-being of people first, with caring and compassion; (2) Assume appropriate responsibility; (3) Address needs of all stakeholders in a timely manner; (4) All decisions and actions based on honesty and ethical guidelines; and, (5) Available, visible and open communication with all impacted parties. According to research conducted by the Center for Risk Communications, demonstration of caring is more important than all other leadership traits combined. “If you come across as uncaring, people will become outraged,” Dr. Evers said. Mr. Enerio E. Ebisa, a Master Teacher in Iligan City, is hailed as 2014 Most Outstanding Public School “Caring during crisis response is not a Teacher. It is an award given by Rotary Club of West Cagayan de Oro held July 9 at The VIP Hotel, Ca- feeling. Caring is a set of corporate and gayan de Oro City. In the photo, at Ebisa’s left is MOPSTA chairman Almarco C. Brito. In his right are Gigi personal behaviour that elicit the perception Borja Endowment Fund Chairman/Justice Romulo V. Borja and wife Geraldine Roxas-Borja. Photo by DAISYBEV USARAGA in impacted stakeholders that you and your
company truly care.” The executive singled out the importance of two-way communication in clearly coming across with caring. “Simply put, you will never be any better at responding to crisis than your communication. That involves how well you listen to obtain facts, and how well you speak openly to impacted stakeholders.” He cited how all too often human communications fail during a crisis. “Unclear goals, misunderstood instructions, poor delegation, incomplete feedback systems - lack of decisionmaking - these are the core communication failures within most crisis situations.” Dr. Evers stressed. “Leaders must therefore continually focus on crafting and sending clear, unambiguous communications with little or no error of misinterpretation by their supervisors, peers, subordinates, customers, community, or the media.” He urged crisis managers to adopt specific, concise, and action-focused language to effectively connect with everyone impacted by the crisis. “Experience and empirical research all seems to agree. It is best to prepare. Crisis leadership planning, training, table top exercise and simulations, they all play an important part in helping you become a crisis leader,” he concluded. The summit was focused on the theme “Gearing Up for ASEAN Integration” which is scheduled to be implemented next year with the planned creation of the ASEAN Economic Community (AEC). The AEC envisages the creation of a single market and production base, a highly competitive economic region, equitable economic development, and a region fully integrated into the global economy. Human Resources Development and Capacity Building ranks high among the AEC areas of cooperation along with recognition of professional qualifications; closer coordination on macroeconomic and financial policies; trade financing; enhanced infrastructure and communications connectivity; development of electronic transactions through e-ASEAN; integrating industries across the region to promote regional sourcing; and enhancing private sector involvement for the building of the AEC. The AEC aims to transform ASEAN into a region with free movement of goods, services, investment, skilled labor, and freer flow of capital. ASEAN Leaders adopted the ASEAN Economic Blueprint during the 13th ASEAN Summit held 20 November 2007 in Singapore to serve as a master plan for the establishment of the ASEAN Economic Community 2015.
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Peace... from page 1
The peace panels are in Kuala Lumpur on a three-day “special meeting” that started Tuesday, to resolve issues on the final text of the draft Bangsamoro Basic Law that President Aquino hopes “both sides will fully support and endorse” to Congress (see other story). The MILF-led, 15-member Bangsamoro Transition Commission (BTC) submitted to Malacanang on April 22 its draft Bangsamoro Basic Law (BBL). Malacanang took two months to review it and handed it back to the MILF on June 21, with MILF chair Al Haj Murad Ebrahim and MILF peace panel and BTC chair Mohager Iqbal raising their concerns over Malacanang’s proposed revisions during their meeting with President Aquino on June 24 in Hiroshima. Apparently, the draft crafted by the joint GPH-MILF Commission appointed by the President, is, in its present form, not acceptable to the GPH while Malacanang’s proposed revisions to the BTC draft are not acceptable to the MILF, the other party in the negotiations. The BTC in a resolution elevated the matter to the peace panels, hence this “special meeting” in Kuala Lumpur. A year later The “special meeting” started on July 8, exactly a year to the day the panels met in Kuala Lumpur after the May 2013 elections, to work on the Annex on Wealth-Sharing which it eventually signed after extending the July 8 to 11 talks by two more days. The Annex was signed in the early hours of July 13, coincidentally the 10th death anniversary of the MILF’s founding chair, Salamat Hashim. The first half of 2013 was such a letdown after the euphoria over the signing of the FAB in October 2012. The FAB had both parties committing to finish the four annexes to the FAB – power-sharing, wealth-sharing, normalization, and transitional arrangements and modalities – and the Comprehensive Agreement on the Bangsamoro – by yearend 2012. The panels failed to meet their own deadline. Only one Annex was signed
in February 2013– the annex on transitional arrangements. Negotiations were also affected by the crisis in Sabah between forces loyal to the Sultan of Sulu and the Malaysian security forces in February and March, and the elections in both the Philippines and Malaysia in May 2013. The panels managed to meet in April 2013 but no annex was signed. It was only in June, after MILF chair Al Haj Murad Ebrahim and President Aquino exchanged letters on the delayed talks, that a date was set for the resumption of the Malaysiafacilitated talks. The first date set was July 3 to 5 but was later moved to July 8 to 11. In his opening statement on July 8 last year, Iqbal revealed that Murad “decided to write” President Aquino to reiterate the “unwavering commitment of the MILF to resolve the conflict peacefully” and “politely informed him (President) of the growing frustration of the people and some members of the MILF as a result of the delay of the talks.” Iqbal said Murad explained to the President that the delay was perceived to be not coming from the side of the MILF but from the government and that the President “responded positively to the letter.” “Major shake-up of status quo” As chief negotiator since 2003, Iqbal then narrated that he had learned a lot of “hard lessons” and while the road ahead was still full of humps and bumps, “sincere and committed partners in peace process will always find creative formula to get through any differences.” Iqbal also reminded everyone that “we are solving the Moro Problem or Question, not the Philippine Problem.” “Remember that a historic injustice has been committed against the Bangsamoro, which must be corrected once and for all in order to put to rest all future legitimate struggles against the Manila government. Therefore, any solution requires a major shake-up of the status quo. A mere resort to legal remedies not founded on negotiated political settlement will not hold water,” he said. Both parties had agreed in the April 2012 Decision Points and carried over into the FAB, that “the status quo
is unacceptable” and that they would work on a new autonomous political entity in place of the Autonomous Region in Muslim Mindanao (ARMM), whose form of government would be ministerial.
Organic... from page 1
that they have the power to put nutritious organic food on their dining table while protecting the integrity of creation through what is now popularly known as urban container gardening (UCG). These UCG practitioners are growing pechay, kangkong, radish, scallions, stringbeans, tomatoes, eggplant, okra, malabar nightshade (alugbati), bell pepper, kamote tops, bitter gourd (ampalaya), ginseng, oregano, gynura, menthol, mayana, talimughat, kulitis, garlic, tarragon, malunggay, celery, lettuce, cabbage and others. Before practicing UCG, these women spent at least Php150.00 a day to buy food, mostly vegetables and spices, to feed their families. “But now, we just go outside our homes and onto our container garden for whatever we want for a meal,” said Lorregie Abat, 41, of Sitio Puntabon, Barangay Bonbon, this city. Abat’s neighbor Evelyn Galitche, 56, a mother of 17 and a grandmother of 60, said that their container gardens have empowered them to be free from the shackles of multinational industrial agricultural companies while keeping the environment clean, a needed must in mitigating and adapting to climate change. “I think this is the best strategy to help clean our environment and fight hunger and nutritional deficiencies because this encourages recycling, proper waste management, resource management aside from helping families grow their own organic food right where they are,” Galitche said. Urban agricultural strategies such as UCG are now becoming a must for every household since climate change is impacting global agriculture. According to the United Nations Conference on Trade and Development (UNCTAD), two of the top causes of global hunger and malnutrition are the people’s lack of self-sufficiency in food
and the inability to grow their own food. And in the Philippines, UCG is an imperative since agricultural production has dropped by about 5 to 7 percent due to climate change, according to the Los Baños, Laguna-based Philippine Council for Agriculture, Forestry and Natural Resources Research and Development (PCARRD), a line agency of the Department of Science and Technology. Climate change culprit The Intergovernmental Panel on Climate Change (IPCC) said that agriculture is the largest contributor to global greenhouse gas (GHG) emissions caused by humans. “The agricultural sector is the largest contributor to global anthropogenic non-CO2 GHGs, accounting for 56 percent of emissions in 2005,” said the IPCC in Chapter 11 Agriculture, Forestry and Other Land Use (AFOLU) of its 5th Assessment Report. The Statistics Division of the Food and Agriculture Organization (FAOSTAT) said that “annual total non-CO2 GHG emissions from agriculture in 2010 are estimated to be 5.2-5.8 GtCO2eq/yr. and comprised about 10-12% of global anthropogenic emissions.” The Consultative Group on International Agricultural Research (CGIAR) said that the global food system — from fertilizer manufacture to food storage and packaging — is responsible for up to one-third of all human-caused GHG emissions. “Food systems contribute 19%–29% of global anthropogenic greenhouse gas (GHG) emissions, releasing 9,800–16,900 megatonnes of carbon dioxide equivalent (MtCO2e) in 2008. Agricultural production, including indirect emissions associated with land-cover change, contributes 80%–86% of total food system emissions, with significant regional variation,” said the CGIAR report entitled Climate Change and Food Systems. “Agriculture is not only chiefly affected by global warming but also one of its driving forces. Quick fixes will not be able to effectively deal with the complex interplay between energy intensity, greenhouse gas emissions, global warming and food security needs. Rather, what is called for is a better understanding of the multi-
functionality of agriculture, its pivotal importance for propoor rural development and the significant role it can play in dealing with resource scarcity and in mitigating and adapting to climate change,” wrote Carlos Perez de Castillo, chairman of the Consortium Board of the Global Research Partnership For A Food Secure Future (CGIAR) in the 341-page report Wake Up Before It Is Too Late (Make Agriculture Truly Sustainable Now For Food Security In A Changing Climate) the UNCTAD released on September 18, 2013. Adaptation/mitigation measure Perfecto “Jojo” Rom, UCG developer, said that it promotes nutrient cycling, enhance food security of the family, minimize GHG emission, enhance urban environment, promote energy efficiency and promote proper waste management. Rom said that the use of organic inputs effectively recycle nutrient therefore it is an effective soil management method. Using organic matters in UCG also helps sequester CO2 in the soil instead of releasing it into the atmosphere. Because it does not use machines unlike conventional industrial farms, UCG reduces the use of fossil fuel and thus GHG emissions in planting, harvesting and transporting of produce to consumers. UCG also promotes greening and beautification of urban areas, thus reducing surface temperatures during hot months and improve air quality while helping clean up erstwhile vacant spaces. “Strengthening the human and ecological resilience of agricultural systems improves our capacity to respond to changing environmental and social stresses. Indigenous knowledge and communitybased innovations are an invaluable part of the solution,” said the International Assessment of Agricultural Knowledge, Science and Technology for Development (IAASTD) in its report Agriculture At A Crossroads. The report said that modern agriculture must change radically to better serve the poor and hungry and enable the world to cope with a growing population and climate change while avoiding social breakdown and
environmental collapse. It also called for a shift toward agro-ecological approaches, which it said was urgent and necessary for food security and climate resilience. (To be Continued)
Plant... from page 4
The department said the plan was presented to the local government unit of Ozamiz and duly received its endorsement. Ozamiz Power has completed the topographic and bathymetric survey for the proposed site. The company is also currently in the process of securing permits and other regulatory requirements for the project, as well as negotiating for financing arrangements. Investment for the project was not determined, but a coalfired power plant usually costs between $1.5 million and $2 million per MW. Earlier this year, Energy Secretary Carlos Jericho L. Petilla said the department expects additional capacity of 767 MW, 430 MW, and 500 MW from committed projects in Luzon, the Visayas and Mindanao, respectively, by the end of this year or early next year. “To meet the additional power requirements, the government will ensure that committed power projects are running and operational as scheduled,” he had said.
Oil...
from page 4
slight increase of at least P0.10 per liter. In the past weeks, violence in northern Iraq threatened supply flow in markets, but it had not been enough to trigger price gyrations. The return-to-operations of many refineries globally following scheduled maintenance shutdowns also helped ease prices, according to a monitoring report by the Department of Energy. There had also been observed hike in diesel purchases of key countries in the Southeast Asian region – primarily Thailand, Vietnam and Malaysia. Nevertheless, due to softening of overall demand in the region and teeming supply, pricing pressures had been cushioned.
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Prices... from page 1
prices of basic and prime commodities monitored by DTI,” said Atty. Fel Lester G. Brillantes, spokesperson and legal counsel for the Dept. of Trade and Industry Region 10 Office (DTI-X). “We have not received any formal charges from DTI provincial offices for violation of The Price Act. Brillantes said the DTI Lanao del Norte provincial office reported that per its local price coordinating council monitoring conducted last Thursday (July 3) for agricultural products, NFA rice was down from P32 to P27 per kilo, thus regular milled rice was also down from P37-39/kg. to P3435/kg., but well milled and premium rice remained at P40-49/kg. Sugar and oil were stable. Garlic was at P250-260/kg. In its latest Weekly Price Monitoring Report dated July 4, 2014, DTI Misamis Oriental provincial office reported there were no significant changes in the price of basic and prime commodities monitored n Cagayan de Oro city over the past three months. The report said that “This week’s price ranges for both basic and prime commodities reflect some m i n or c h a n g e s i n t h e prevailing prices for several items monitored compared to the previous week. This is per Manufacturers/Suppliers instructions to the different Supermarket/Groceries/ Wetmarkets being monitored weekly.” “Newly approved SRPs (Suggested Retail Prices) also reflects price change. Supply of different products monitored remain stable and readily available to consumers.” Commodities monitored
include processed milk, condensed milk, evaporated milk, evaporada and powder filled milk; coffee refill; detergent/laundry soap, salt (iodized refined/rock salt), load bread, flour, processed canned pork and beef, beef loaf, instant noodles, vinegar, patis, soy sauce, toilet soap and brown/white sugar. In fact, the report listed only the following products with slight price increases: Milkmaid 300 ml, Alaska 370 ml, Bear Brand with Iron 150 grams, Nido Fortified Full Cream Milk 160 grams, Birch Tree Full Cream Milk 150 grams and PF Chinese LM. Products reported with price decreases for the period included Ligo, Mega Star canned sardines and Safeguard (white) 90 grams. How e v e r, B r i l l a nt e s cl ar if ie d t hat it is t he Department of Agriculture’s B u re au of Ag r i c u ltu re Statistics (BAS) and National Food Authority (NFA) and not DTI which is mandated to monitor the prices of agricultural products and rice, respectively.
Cimagala... from page 6
wors e, in he a lt h or in sickness, for richer or poorer till death do the spouses part. That is why marriage has to be understood as a way of sanctification. It’s not just a human and much less a bodily need, or a social phenomenon, or a legal creation. It is where God’s grace is unleashed to sanctify the couple and the family they generate. The family that springs from a good marriage would be a tremendous school that forms individual persons to be truly human and Christian.. It would also be crucial and indispensable
living cell in society, training and contributing responsible and mature citizens. All of these sublime properties of marriage, plus their endless implications, both theoretical and practical, have to be gradually learned. These properties should be presented in such a way they would know how to contend with the prosaic challenges of daily married and family life that often tend to twit and ridicule them. In this regard, what would help is when the couples have some basic faith, hope and charity, and some basic forms of piety. Wit h t hes e, in spite of their limitations and mistakes, there is reason to hope that their marriage can move on. But a practical advice for husbands and wives would be what St. Peter said in his first letter (chapter 3). Wives should be submissive to their husbands. Husbands should live considerately with their wives. Both should have unity of spirit, sympathy, love of the brethren, a tender heart and a humble mind. In more concrete terms, husbands and wives should respect and trust each other. They don’t have to agree in all items and issues, as long as they know how to distinguish between what is essential and indispensable in marriage, and what is open to legitimate opinions and personal preferences. Husbands and wives should, of course, try to give space to their individual personal preferences as well as be willing to give them up for the sake of greater peace and harmony in marriage and the family. The language of true love involves giving up and losing that actually translates into gaining more and better things.
Batas... from page 6
be using executive funds for the legislative. They knew that under the prohibition in the Constitution which Aquino’s mother, Cory, passed in 1987, they cannot give executive funds to the lawmakers involved in the Corona impeachment. So, they came up with two sections in the GAAs of 2011 and 2012 precisely to authorize Aquino to use executive funds for the legislative. The Supreme Court struck down these two sections in the GAAs as unconstitutional. Clearly, therefore, there can be no good faith by Aquino and his cohorts here. They knew they were not allowed to transfer funds from the Office of the President to the House of Representatives and the Senate because the Constitution disallows that practice. Yet, not only did they proceed with that transfer; they likewise tried to cover their tracks and protect their backs by inserting equally illegal sections in the GAAs. -ooo REMINDERS: Please tune in: “Tambalang Batas at Somintac”, at 1062 kHz on the AM band, Mondays to Fridays, at 6 a.m., simulcast, real time, over 1080 kHz in Dagupan City, 711 kHz in Naga City, 1260 kHz in Lucena City, and 1224 kHz in Davao City, and at www.eaglenews. ph; “Kakampi Mo Ang Batas sa Radyo Trabungko FM”, at 103.7 mHz in Don Carlos, Bukidnon, Mondays to Fridays, at 7 a.m.; and “Kakampi Mo Ang Batas sa DYKA” at 801 kHz on the AM band (Panay Island), Mondays to Fridays, at 10 a.m.
Shopwise... from page 7
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CM Recto Avenue, Cagayan de Oro City Tel. #: 856-81-89 / 309-3095 / 231-2103 Email ad : chananthonbb@yahoo.com Room @ P800.00
Fire Fighting System Fire Detection & Alarm System Emergency Communication System Advanced Security Surveillance System SCADA Systems Passenger Elevators (Exclusive for Schindler Elevators)
Regular Wash Rate: SUV - Php150.00 SEDAN - Php99.00 Motorcycle - Php60.00 Engine Wax - Php70.00 …if under wash is included, add 100% charge from any of the SUV & Sedan regular wash rates.
• • •
+PLUS Add-on Services: 24 Hour Member Emergency On-road Assistance. Park and Bath scheme, Park and call us for Car Care. Towing, Tire Change, Gas, Battery & Emergency Assistance.
5 EAGLES `táátzx 9 fÑt ‹XÇ}Éç à{x äxÇâx àÉ ÜxÄtåtà|ÉÇ tÇw uxtâàçA *30 mins. Foot Massage *1 hr. Foot Massage *30 mins. Back Massage Dry *1 hr. Back Massage Dry *1 hr. Body Massage Dry *2 hrs. Body Massage Dry
- P70.00 - P140.00 - P70.00 - P140.00 - P140.00 - P280.00
*1 hr. Swedish Massage *30 mins. Head Massage *30 mins. Back Oil Massage *1 hr. Back Oil Massage *1 hr. Body Oil Massage *2 hrs. Body Oil Massage
- P180.00 - P70.00 - P80.00 - P170.00 - P170.00 - P310.00
…other services will be available upon request, (facial, shaves, wax, etc.). We also accept membership, you may request for membership application upon check-in. EANJOY the Comfort and Quality of our Product and Services… GOD BLESS US!!! “MABUHAY ANG AGILA!!!”
HOTLINE NUMBERs:
Email Address: PLDT (088) 8524864 Globe 09177056488 SUN 09258062023
5eaglesmarketing@hug-marketing.com 5eaglesmarketing@gmail.com oclarit32@gmail.com
fresh goods and produce, groceries, fashion items, health and beauty products, school supplies, toys, gadgets, home accessories, electronics, appliances and more, all under one roof. Head to Shopwise now at the 2nd level of the East Annex Building, Limketkai Mall, Limketkai Center to discover more awesome deals. It is open daily from 9 a.m. to 10 p.m. and currently has 13 other branches nationwide. For updates and promotions, visit www.shopwise.com.ph, www.
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fb.com/shopwisesupercenters a n d w w w. t w i t t e r. c o m / shopwisedeals
Rules... from page 8
the landless, and small entrepreneurs who have inadequate access to formal credit. The circular, dated July 4, takes effect 15 calendar days following its publication either in the Official Gazette or in a newspaper of general circulation.
NATURAL TREATMENT WITH NO CONTRAINDICATIONS WITH DRUGS AND OTHER MEDICAL PROCEDURES.
SERVE THE FOOD THAT HEALS, THE BODY HAS THE POWER TO HEAL ITSELF, THEREFORE ALL REMEDIES AND TREATMENTS SHOULD SUPPORT SELF-HEALING RATHER THAN MASK SYMPTOMS. VEGAN HYGIENIC FOODHAUS, SUPPORT IN NUTRITION AND SUPPLEMENTATION, NON TOXIC, NON INVASAVE CARE TO PREVENT ILLNESS, TREAT ACUTE AND CHRONIC DISEASE: LIKE CANCER, LOWER BLOOD CHOLESTEROL, LOWER BLOOD SUGAR, IMPROVES IMMUNE SYSTEM, CURE HEART DISEASES AND CLEAR TOXIN FROM THE GUT AND VOWELS THAT HAVE NOT RESPONDED WELL TO OTHER COMPLEMENTARY MEDICAL MODALITIES. CONTACT US! MAIN OFFICE: IST ST. SULIT BLDG., ECOLAND SUBD., MATINA DAVAO CITY. PHONE: (082) 286-2606/2868763 CELL#: 09177007206/ 09177006731 (GLOBE) 09194042122/09474706380 (SMART) E-mail: veganhygienicfoodhaus@yahoo.com
BusinessWeek MINDANAO
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Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013
friday|July 11, 2014
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776