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BusinessWeek Mindanao (July 2-3, 2014)

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BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013

Volume V, No. 11

Market Indicators As of 5:54 pm July 1, 2014 (Tuesday)

FOREX

PHISIX

US$1 = P43.61

6,826.61 points

X Briefly

17.7 points

X

4 cents

Basic employment POOR families in barangays Lapasan and Puntod in Cagayan de Oro City identified as KapitBisig Laban sa KahirapanComprehensive Integrated Delivery of Social Service (KALAHI-CIDSS) beneficiaries got technical support from the Department of Labor and Employment (DOLE) – Western Misamis Oriental Provincial Field Office. Following the skills training and National Certificate II (NC II) test given by the Technical Education Skills Development Authority (TESDA), half a number of the 300 beneficiaries of the two pilot urban barangays have already submitted themselves to the Basic Employment Services (BES) modules of DOLE. The BES modules include among others Career Coaching which provided information on the priority degree courses for manpower supply until 2020; Entrepreneurship which tackles component topics on the identification, sourcing, organizing the required resources and starting a new business; and the Organization and Management which dealt on the right to organization.

Davao water project THE J.V. Angeles Construction Corporation (JVACC)-Aboitiz Equity Ventures, Inc. consortium has received the Notice of Award (NoA) from the Davao City Water District (DCWD) for the financing, design, construction and operations of the Tamugan Surface Water Developments Project. In a disclosure to the Philippine Stock Exchange, AEV said the JVACC-AEV Consortium will have to comply with the requirements in the NoA before the Joint Venture Agreement with DCWD can be executed. AEV had earlier entered into a Memorandum of Understanding with JVACC to supply treated bulk water to DCWD and to construct a water treatment facility powered by its own renewable energy source and the conveyance system needed to deliver treated bulk water to numerous DCWD delivery points.

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Mindanao being eyed as premier coffee hub T

HE Philippine Coffee Board Inc. (PCBI) eyes Mindanao to be the coffee hub of the country, PCBI officials said in an interview Tuesday.

PCBI co-chair Pacita U. Juan said this shift to Mindanao as the coffee hub for the country is pushed by increasing land value in Luzon particularly in areas of Cavite and Batangas provinces. “When land value is increasing, the crops should go to place where the land value is cheaper,” Juan said citing the southern Philippines offers lowest value of land. BOAT RIDE. A boatman pushes his motorized banca into the sea in Opol, Misamis Oriental for a leisure ride for which he charges P15 per person. mindanews photo by h . marcos c . mordeno

On Bangsamoro Basic Law

IPs getting ‘special treatment’ in the Bangsamoro territory (Part 4 of a Series) By BONG D. FABE, Correspondent

LIKE the Bangsamoro who are about to enjoy the full recognition—self-governance and self-determination—they fought for for decades, the indigenous peoples (IPs) living within the to be established new Bangsamoro territory will enjoy all the freedoms recognized by national and international laws/conventions in accordance to their unique

customs, traditions, beliefs and cultural identity. In recognition of their similarities, the IPs — who are kins of the Bangsamoro — get a sort of “special t re at m e nt” w it h i n t h e Bangsamoro territory: rights and freedoms that they have not yet fully exercise and enjoy at present on top of the rights and freedoms they are already enjoying.

The draft Bangsamoro Basic Law (BBL), as a general rule, adhere to the United Nations Declaration on the Rights of the Indigenous Peoples and fully recognize and protect the rights, customs and traditions, beliefs and cultures of the IP inhabitants bangsamoro/PAGE 10

Aside from the land value, farms in Cavite are now more utilized for other agricultural products like fruits; thus harvest of coffee beans in the said area is declining. “Benguet is already getting too much attention. We are now shifting it to the south,” she added. PCBI chair Nicholas A. Matti, likewise, noted that the potential of the coffee farms in Mindanao are not premier/PAGE 10

Alsons plans to build hydro, solar power projects A L S ON S C ons ol i d at e d Resources Inc. plans to build at least 180 megawatts of hydro- and solar-power c ap a c it y a s t h e ol d e st electricity generator in Mindanao adds renewables to its energy sources. The company is targeting around 160 megawatts of hydroelectric plants to be spread out mostly across Mindanao, Alsons Vice President Joseph Nocos said in an e-mail response to questions. It plans to build a 20-megawatt solar power

plant in General Santos City, also in the south, which may start operating by 2016, Alsons said. Alsons plans to more than double capacity to 573 megawatts by 2019 from 258 megawatts this year, Chief Financial Officer Luis Ymson said on June 10. Shares of the company rose 3.2 percent as of the no on break in Manila, poised for the biggest gain since June 11. The stock has risen 59 percent this year.-Bloomberg

Filinvest One Oasis completion is on time WHERE you live says more about you and what you want in life. Buying a home in downtown Cagayan de Oro these days has its many lifechanging considerations that Filinvest Land Inc. chooses to answer with urgency. The One Oasis CDO, the very first mid-rise condo development of Filinvest in Cagayan de Oro City, is filinvest/PAGE 11

Aerial view of One Oasis.

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Economy

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2 OFWs in Northern Mindanao receive livelihood assistance wed-thu|July 2-3, 2014

EACH of the 58 overseas Filipino worker (OFW) returnees from the Northern Mindanao region received P 10,000 as liveliho o d assistance from the National Reintegration Center for OFWs (NRCO)here, a labor official said on Tuesday.

The NRCO Livelihood Ass i st anc e Pro g r am i s available to OFW returnees who were displaced, distressed and undocumented in order to help them start micro-business or expand their existing businesses and become self–sustaining.

R o d r i go A . D e l o s o, Assistant Regional Director of the Department of Labor and Employment (DOLE) in Region 10, said that qualified OFW returnees are required to undergo Overseas Workers Welfare Administration (OWWA) process like the Enterprise D e ve l opm e nt Tr ai n i ng o r S o c i a l P r e p a r at i o n Orientation before they could avail of the livelihood assistance. One of the beneficiaries,

Fritzie J. Ompoc, a resident of Alubijid, Misamis Oriental, who worked as domestic helper in Kuwait was emotional when she recounted her 2-year experience working away from her family. “It was never easy working away from your family. I am glad that DOLE is extending help. I promise to work hard in the hope that the little amount extended to us would become sustainable for my family,” Ompoc said.

Thara Tanbua-Nabua of Calaanan, Cagayan De Oro City, recounted in tears when her employer in Riyadh, Saudi Arabia attempted to rape her while working as a domestic helper in the Middle East for two years. Tanbua-Nabua expressed gratitude to the assistance extended by the DOLE and OWWA. “I would encourage others to avail of the DOLE and OWWA liveliho o d assistance,” she said. The NRCO has lined

up different feasible business es for a star tup that would enable the target beneficiary to start a livelihood undertaking such as bread making; cosmetology services; and meat processing, Deloso said. He said that the OWWA10 is currently processing more project proposals. As of June 2014, the OWWA has documented about 33,000 overseas workers who come from Northern Mindanao, he said. (PNA)

Misamis Oriental activates disaster management council MISAMIS Oriental -- The province of Misamis Oriental has activated the 26-man Disaster Risk, Reduction Management Council (DRRMC) Monday evening in anticipation of more rains in the coming days. Edmundo Pacamalan Jr. provincial administrator, said the local PAGASA weather

bureau has reported that the Inter Tropical Convergence Z one (ITCZ) af fe c t ing Northern Mindanao might bring in more rains in the coming days. Since Sunday, heavy rains intermittently pour in this premier capital, which resulted in the flooding of streets in the city’s downtown

areas, he said. He said that the activation of the provincial DRRMC is part of the precautionary province’s measures in the deployment of quick response to various areas- especially in far flung areas that become inaccessible due to flood - in Misamis Oriental. Pacamalan said that the

activation of the province’s DRRMC means that the more than 400 disaster listening posts in Misamis Oriental would render situation rep or ts, 24/7 until the provincial governor lifts the activation order. The province’s DRRMC is closely watching activates/PAGE 10

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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

BusinessWeek MINDANAO Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602

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

BPI- COGON Osmeña St. Cdoc 8571297/8571298

PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386

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

DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774

DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081 EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331 ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632 STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168 UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

Banking&Finance

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UnionBank BDO buys thrift bank board approves

BDO UNIBANK Inc., the Philippines’ biggest lender by assets, yesterday said it had entered into an agreement to buy small lender The Real Bank (A Thrift Bank) Inc, with 24 branches. BD O, owned by the Philippines’ richest man Henry Sy Sr, did not disclose the terms of the deal that involves the acquisition of all assets and assumption of liabilities of a bank with a deposit base of 7.2 billion pesos ($165 million). The transaction was still subject to closing conditions and regulatory approvals, BDO told the Philippine Stock Exchange. “[BDO] has entered into an agreement with [Real Bank] for the acquisition by BDO of all its recorded assets and assumption of all recorded liabilities,” the listed lender said in a disclosure to the Philippine Stock Exchange. The Real Bank, a 38year old small lender, has branches in Metro Manila and city outskirts -- Bulacan, Pampanga, Laguna, Cavite, Batangas and Rizal.

plan to increase capital

SMALL lender The Real Bank would have BDO Unibank, Inc. as its new investor. The bank has been booking losses since 2010.

It had total resources of P8.115 billion as of June 30 last year, according to its website. As of end-2012, the bank had a capital deficiency of P1.4 billion, despite a threeyear regulatory relief granted by the Bangko Sentral ng Pilipinas in 2007, its latest regulatory filings showed. The central bank had also approved that same year a rehabilitation plan to boost the thrift bank’s capital position. That plan required, among others, the bank’s major

stockholder Jose L. Acuzar to infuse P300 million in accumulated fresh capital within a period of three years starting December 2007 and annually thereafter. It was not clear if the small lender, which booked a loss in 2010, 2011 and 2012, was able to get back on its feet since. Bank officials could not be immediately reached for comment. But it did say on its website that “Real Bank remains ste adfast e ven in the midst of financial bdo/PAGE 11

BSP okays 87 new bank branches THE Bangko Sentral ng Pilipinas (BSP) has approved 87 new branch applications in the first quarter, a higher number compared to 74 in the last quarter of 2013. A BSP memo signed by Deputy Governor Nestor A. Espenilla Jr. indicated that of the 87, about 60 were new regular branches, 19 were microbanking office (MBO), and six were regular other banking office (OBO). The approved new branches are located outside of the National Capital Region, mostly in the southern part of the country. Data showed the universal and commercia l b an ks accounted for 30 of new regular branch approvals

and three OBOs. Thrift banks, in the meantime, received approval for 25 new regular branches and one OBO, while the smaller rural banks had the most of MBO approvals with 19 while they were also approved for five new regular branches and two OBOs. In the first three months of 2014, the central bank said banks opened 94 new branches, mostly in areas outside of the NCR. Of this 94, about 72 were regular branches, 17 were MBOs and five were OBOs. The big banks opened more regular branches or 55 and re-opened just two during the period. Thrift banks opened 10 regular

branches and rural banks accounted for seven new regular branches as of endMarch. The rural banks opened the most number of MBOs at 15, while thrift banks opened only three. Regular branches are full-sized banks, mostly traditional brick and mortar branches or contained within a building and offers full banking services. The MBOs and OBOs have limited banking services but accept payments, remittances and even purchase of foreign currencies. In the case of MBOs, it primarily transacts micro-finance such as microinsurance and micro-loan products. bsp/PAGE 11

ABOITIZ-led Union Bank of the Philippines, Inc. (UnionBank) has formalized its earlier-announced plan to issue up to P10 billion in Basel 3-compliant Tier 2 notes. “The Board of Directors of [UnionBank], in its meeting held on June 27, 2014, approved the issuance of up to P10.0 billion unsecured subordinated debt qualified as Tier 2 capital, subject to prior approval of the Bangko Sentral ng Pilipinas,” the bank said in a disclosure to the Philippine Stock Exchange Monday. UnionBank President and Chief Operations Officer Victor B. Valdepeñas earlier said in May that the bank was readying the sale. The disclosure did not offer details about the bond offer, but Mr. Valdepeñas had said that the notes “won’t be different from what are being issued now in the market,” referring to a tenor of 10 years with an option to redeem the bonds in five years. No timetable has been announced yet for the sale of the new-style bonds. Basel 3 is a set of reforms that aim to reduce the risk of system-w ide sho cks reminiscent of the 2008 global financial crisis, which cost central banks around the world billions’ worth of public funds used in bank bailouts. To avoid that scenario, holders of the Basel 3-compliant bonds must bear losses before any public funds are used to rescue the bank.

Home-school partnership: In enhancing child’s school performance By Corazon B. Duhaylungsod Tambo Central School

Teachers are people given the task to educate and instill knowledge and values to the minds of the students. In school, they ser ve as the student’s parent and caregiver as well. Teachers are person who the students with during class hours. They know how a student behave and how did he do in his studies. They are the ones who took over the role of the parents once a child leaves his home and comes to school. Thus, it is very important for parents to collaborate with teachers in matters concerning their child. May it be on study habits, behaviour and how to improve values and reprimand bad acts.

In a column of Patrece Charles-Freeman published online, parents benefit from being involved in their children’s education by getting ideas from school on how to support their children. It is good also that parents should build a positive relationship with our children’s teachers. Charles-Freeman gave few tips in accomplishing such task. These are the following. Make your first interaction positive: Greet your children’s teacher with a warm hello and kind words. They are much more likely to be receptive when you have a problem later. Don’t get angry before

getting the facts: There are times that parents know something that teachers don’t know and vice versa. Possibilities also happen like parents and teachers have different ideas on one story. The exchange of information is a great help in avoiding misinterpretation and further, resolve problems in school. Don’t go over their heads. Time comes that parents learned something from their child that might cause confusion to them. In result, they need to confide from the school itself. In situations like these, parents should see teachers first before principals because it might upset them one a parent will do otherwise. Remember that most te a ch e rs are s e ns it ive :

Teaching is an intensely personal job. Teachers are people who are paid to care about the thoughts and feelings of others. Finally, good teachers welcome dialogue with parents, because it gives them a better understanding of their students. However, teachers must remember that parents have the right to expect timely notification regarding students’ academic performance and behaviour. I n t h e p a r e nt - t e a c h e r relat ionship, li ke most others, communication is the key. Parents and teachers must join hand in hand in educating young people. In this way, home and school could provide learning in a way that it is appropriate for them.


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MUST poised to become the country’s science, technology university

A

fter successfully elevating the then Mindanao Polytechnic State College (MPSC) to the Mindanao University of Science and Technology (MUST), the C ommitte e on Hig her Education and Technical Education in Congress is now mulling the passage of a bill which proposes the conversion of the institution as the Un ive r s it y of S c i e n c e and Technolog y in the Philippines (USTP). In his visit during the inaugural ceremony of the university’s eight-storey Engineering C omplex,

Committee Chairperson Congressman Roman T. R o m u l o s a i d t h i s bill, together with the proposed establishment of a maritime school in Mindanao is now on its third reading in Congress and is hoped to be passed before the year ends. “This is Cagayan de Oro City and Mindanao’s fair share from the national government,” he said. He added that this serves as an inspiration not only to the Mindanaoans but also to policy makers and government officials. Representative Rufus B. Rodriguez, author of the

bill, stressed that it is about time for the Philippines to have a university that will cater solely for science and technology. M U S T Un i v e r s i t y President Ricardo E. Rotoras also cited that this is their way of positioning t he universit y for t he ASEAN 2015 integration. Rotoras also expressed his gratitude to the other champion who is instrumental to the university’s successes, Pat r i c i a B. L i c u a n a n , Chairperson of the Commission on Higher Education (CHED) and MUST Board of Regents.

In her message during the launch, Licuanan reminded t h e S t a t e Un i v e r s i t y and C ol lege (SUC) to balance the infrastructure development with good programs, curriculum, quality of teaching and quality of learning. She also urged the students to go beyond the degree that they longed for and be active as well in various university activities like volunteerism, social life and culture and arts. Jorie C. Valcorza, PIA10


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Being Thankful

T

hink a minute…During World War II, churches stayed open 24 hours a day so people could come to pray for their country and family members out on the battlefield. A caretaker in one of these churches noticed a boy who came to pray about 10 minutes every day. One day after several weeks, the boy came and stayed to pray even longer. The caretaker asked him why he was praying longer this time. The boy answered: “Each day I came to ask God to bring my father home safely. This morning my dad came home, so I hurried here to thank God.” Have you developed the habit of being thankful every day, no matter how things are going? Always remember, there are many people with worse problems than yours. My friend’s son, Joshua, was born with a serious heart disease. Joshua has had several heart surgeries. He’s not been able to play sports because of his heart condition. But Joshua’s grandmother always taught him to be thankful. On days when Joshua was so sick he could not go to school, his grandmother told him: “Josh, just be thankful that you’re home and not in the hospital.” Recently Joshua had

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THINK

A Minute

By Jhan Tiafau Hurst

another heart surgery, but this time the strong medicine made him so sick he almost died. Joshua’s grandmother telephone d him in t he hospital to very kindly and gently say: “Josh, I love you and I’m praying for you. Be thankful you’re not in a coma.” You know that grandmother is right? No matter how bad our problems are, they could always be much worse. When’s the last time you counted all the good things you have: whether it’s your family, friends, food to eat, clothes to wear, a roof over your head? Things that millions of people in the world do not have. Usually, it’s only after we’ve gone through problems that we learn some of our most important lessons in life. There’s a song that says: “If I’d never had a problem, hurst/PAGE 11

Human Trafficking in the Philippines

A

lmost buried in the avalanche of media reports about the pork barrel investigations was the recent release of a US State Department report on human trafficking worldwide. While in its most common form, human trafficking involves sexual slavery, the term encompasses a wider range of exploitation such as for purposes of forced labor (eg., employment in sweat shop factories or syndicated begging) extraction of organs and tissues, providing spouses in the context of forced marriages, and enlistment of children soldiers. According to the State Department, more than twenty million worldwide have been victims of human trafficking. Meanwhile, the International Labor Organization (ILO) estimates that the human trafficking industry generates 32 billion dollars yearly, roughly half

of which is generated in industrialized countries while approximately a third is generated in Asia. O n t he Phi l ippines, t h e S t at e D e p a r t m e n t Report made the following observations: -Forced labor and sex trafficking of men, women and children in the Philippines remain a significant problem. -Incidence of trafficking of men and boys is increasing. -Women and children from rural communities, areas affected by disaster or conflict, and impoverished urban centers are subjected to domestic servitude, forced begging, forced labor in small factories and sex trafficking. -Men are subjected to forced labor and debt bondage in agriculture, including on sugar cane plantations, and in fishing and other maritime industries. On a brighter note, the report mentioned an increase

of conviction of trafficking offenders from 25 in 2012 to 31 in 2013. As a result, the Philippines r e t a i n e d i t s T i e r Tw o classification in terms of compliance with anti-human trafficking standards. Tier Two includes countries which do not comply with minimum standards but are making significant efforts to do so. The Philippines is grouped with Brunei, Indonesia, Singapore and Vietnam. In l ow e r c at e g o r i e s are Cambodia, Laos, and Myanmar (Tier Two Watch List) and Malaysia and Thailand (Tier Three). The classification prompted Justice Secretary Leila de Lima to proclaim that the “country remains a leader in Southeast Asian Region in fighting human trafficking.” But Columban Father Shay Cullen, who has made

SPEAKING

O ut

By Ignacio Bunye

it his life’s work preventing the abuse of women and children at the hands of human traffickers, is not impressed. Fr. Cullen co-founded PREDA which provides pre ventative education, community development, livelihood development for many uneducated and poor in the Philippines. In a recent newspaper column, Fr. Cullen took a dig bunye/PAGE 11

The Worrier

L

ife is better than ever, so, why so many people seem to be unhappy? Whenever I hear people saying that everything is bad, I thik of my late grandmother, born in 1899 (!) into a really awful world in Germany and its surroundings. The so-called “Golden Twenties” between the two World Wars have been everything but golden for her, my relatives and millions of people. “Lola” never complained, even during the sorrowful time in the former East Germany, the “German Democratic Republic”. Lola reached the ripe old age of almost 86. We hardly count our blessings. We enjoy counting our crosses. Instead of gains, we count our losses. We don’t have to do all that counting - computers do it for us.

Information is easily had. Just remember this: Opportunity doesn’t just knock - it jiglles the doorknob, and “your friend” - the worrier, is with you day and night, at every corner, following your every step. Complaining and grumbling are good excuses, aren’t they? We have time and opportuntities to do almst anything. So why haven’t we done it? We have the freedom of bondage or restraint, every one of us in his or her very special way - but, we’re still our old inferior selves. The job is boring! I don’t find a good job! The house is an unpleasing mixture of tidy and dirty things. It’s a mess! I am not in the mood to arrange my garden. I can’t afford a gardener. That’s life. How sad! No, it’s not MY fault. Of course not!

The whole world is an awful place filled with dreadful and horrible negativsm. Yes, I confess, I am also surrounded by many worriers who put their fears into me! Politicians, i.e., many times love to search for some grave alarm that will cause individuals to abondon their separate concerns and act in concert, so that politicians can wield the baton. Calls to fatal struggles and fights are forever being surrounded. The over-bearing person, who tyrannizes the weak, the person, who wants to domineer and to bluster, is simply nothing else than a worrier, who might claim to be a friend. But he isn’t! Really not! The bullying of fellow citizens by means of dread and fright has been going on since Paleolithic times. The night wolf is eating the moon. Give me silver, and I’ll make

H ave M y Say

By Klaus Doring

him spit out. Well, when will we start counting our courage and not our fears, or enjoy instead our woes? Worrying itself is pointless. Of course, no society has achieved perfectly rules of law, never-ending education or unique responsible governments. Let’s seek out the worries but avoid the worriers, because they try to avoid liberty.

The Basics of a Business Plan

I

t’s a common misconception that business plans are only used by entrepreneurs who need to acquire investor support and funding. But the fact is, whether you’re bootstrapping or seeking investor support, you need a business plan to define your direction and give you a blueprint for steering your business to prosperity and freedom. After all, you’re in business to make money, not to gamble your resources based purely on luck. So what are the basic elements of a business plan? Typical sections include: Executive Summary (highlight of your plan), Company Summary, Products and/or Ser vices, Market Analysis (your consumers and competitive landscape), Strategy and Implementation

(your marketing, action plans, and milestones), Management Summary (background of your management team), and Financial Plan. Don’t be intimidated— these are just terminologies that cover the following basic questions. (Remember, these are the same questions that potential investors will ask you before they agree to provide their financial support.) 1. Who are you, and why should I listen to you? 2. Where are you in the process of business creation? 3. Where are you going? What’s your vision and purpose? 4. What’s your product or service? 5. Who wants it? 6. Why would they want it?

7. How many people in which markets want it? 8. How are you going to tell them about it? 9. Who else has it, now? 10. How are you different from them? 11. What are the risks involved? 12. How much will it cost to get your products or services to those who want them? 13. What makes you different? 14. What are the possible rewards? 15. What do you want (debt, equity investors, bond holders)? 16. What is your exit strategy? (When do I get my return?) One of the most critical issues in business is the level of risk involved. By using

BOB BARE

SWOT analysis—Strengths, Weaknesses, Opportunities, and Threats - you will solidify your business outlook and be prepared for potential contingencies. As you work with your team to identify each of these, you will stabilize your business and overcome the internal and external factors that may undermine your success.


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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:

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C. de Oro’s coastal plan gets nod

CAGAYAN de Oro City–– After almost a decade, this seaport capital of Northern Mindanao has finally decided to form an integrated coastal management plan, Julius Bona, the city’s environmental specialist said on Monday. Bona said that the formulation of the integrated coastal management plan is mandated under Executive Order No. 533 of 2006. He said that an integrated coastal management plan includes fisheries management, wildlife sanctuary ma nagement, ma ng rove management, coral reefs/ seagrass management, and delineation of coastal areas in each of the coastal villages under the plan. The establishment of coasta l env ironmentfriendly enterprises, strict

adherence to appropriate fishing practices, coastal law enforcement and coastal hazard management, such as upsurge and f lood cont i ngenc y pla ns a re a lso i ncluded i n t he coasta l management plan, Bona added. Interventions like the establishment of supplementary livelihood of the fishing community in the affected coastal villages and the identification of the market linkage system. An eco-tourism strip straddling the coastal stretches of Cagayan De Oro is also integrated in the coastal management plan, Bona said. He said t hat t he cit y gover n ment m ig ht a lso bankroll in the hiring of t he t hird pa r t y ex per ts who would study and in-

troduce the digital map of the whole underwater area of Macajalar Bay here. B on a id e nt i f i e d t he coasta l v illages that are d irect ly a f fected by t he project as Agusan, Bayabas, Bonbon, Bulua, Bugo, Cugman, Gusa, Lapasan, Mac aba la n, Puer to a nd Puntod, all located in the city’s northern coastlines. He said that in the formulation of the integrated coastal management plan, a series of meetings and public forums wou ld be conducted in the villages concerned. Onc e t he i nte g r ate d coastal management plan is completed , t he d ra f t wou ld be submit ted for t he approva l of t he cit y council for the adoption of the city government, Bona added. CD

Misamis Oriental Governor Yevgeny Vincente B. Emano inspects the now passable Talisayan-Bugdang road in the municipality of Talisayan. Governor Emano has look into the development of the province’s infrastructure not only for tourism but also for farm to market roads. The Governor eyes P20.6 million road rehab projects to six provincial roads namely Aromahon-Cogon in the municipality of Laguindin and Gitagum respectively, P 4, 469, 470.64; Dulong-Taytayan-Quezon in the municipality of Alubijid, P 3, 883, 848.26; Lourdes-Kalabaylabay in the municipality of Alubijid, P 3, 980, 479.16; Camagong-Iso-Malanang in the municipality of Opol, P 3, 983, 178. 54; Solana-San Isidro in the municipality of Jasaan, 1, 429, 690.81; Mananum Bago-Dig-aguyan in the municipality of Medina, P 2, 878, 156.46. photo supplied

DepEd Region X Office Inauguration - VICE GOVERNOR JOEY G. PELAEZ, together with the Department of Education (DepEd) OIC Regional Director Atty. Shirley Chato (2nd from left, behind Vice Governor Pelaez), Undersecretary for Regional Operations Rizalino D. Rivera (center), Undersecretary for Programs and Projects Dina Ocampo (2nd from right) and Undersecretary for Finance and Administration Francis M. Varela (extreme right), inaugurated the new Sixty Million Pesos (Php 60,000,000.00) Regional Office of DepEd X. The DepEd’s top officials were former colleagues of Vice Governor Pelaez in DepEd National Office. Vice Governor Pelaez was the Executive Director of the Center for Students and Co-Curricular Affairs of the Department of Education before running for public office.


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9

MyPhone Breaks Record!!! M

illa Daniel Pad

yPhone recently concluded MyPhoneRIO Concert in Tacloban City featuring Daniel Padilla saw an astounding 31,000 people attending the event coinciding with the city's 1st Fiesta after the devastating Yolanda Typhoon hit the island south of the Philippines. In what was dubbed THE EVENT of the year in Tacloban, MyPhone's Pasasalamat "Pusong Waray" Concert did not disappoint as they brought in celebrity performers Kris Angelica, Jason Fernandez, Franchise, 5 Local Bands from Tacloban and the Teen King Daniel Padilla. MyPhone has been very aggressive in its visibility in terms of

events as we want the to give the Filipino people happiness thru our events and experience what MyPhone is truly about. Not to mention line up of Value For Money and Top Quality Products for the Filipino People according to Mr. Richie deQuina Vice President for MyPhone. Recently, we have launched our MyPhone RIO Series (RIO, RIO Lite and RIO Fun) and have experienced a boost in terms of Sales as we are practically SOLD OUT across all models added Mr. DeQuina. Thru our event, we aim to give back and give the Filipino people and experience only MyPhone, the Number 1 Mobile Phone Brand can give.

ca Kris Angeli

andez Jason Fern

deQuina Mr. Richie t for MyPhone. en Vice Presid

The crowd from Tacloban City

Franchize


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Premier... from page 1

yet maximized, producing only 17,000 tons of coffee. He said that making Mindanao as the coffee hub will help around 40,000 farmers who are mostly indigenous people. Mountains in Mindanao, where coffee farms are situated, also have more accessibility through different provinces; making coffee farming more inclusive. In ord e r to f u r t he r develop the coffee industry in Mindanao, more roasting facilities should be provided in these areas. According to Matt i, provinces of Negros, Cotabato, and Zamboanga have t h r iv i ng ro ast i ng businesses. Moreover, the coffee industry is a growing sector as there is 3.0 to 5.0 percent annual growth in demand of robusta coffee while roasted and ground coffee demand has an annual growth of 10 to 15 percent.

Meanwhile, the PCBI will bring its annual coffee summit in Davao City on October 13 to 17 to further boost the coffee industry in Mindanao. (PNA)

Bangsamoro... from page 1

of the Bangsamoro territory. These general rule or principles are based on the IPs’ rights to freedom of choice, just and equal treatment, and freedom from discrimination. The other bases are economic and geographical criteria, individual and communal property rights, cultural integrity, customary beliefs, historical and community traditions. Among the basic rights the IPs will continue to enjoy in the Bangsamoro territory are the right to their native titles and/or fusaka inged (Teduray word for ancestral domain), right to indigenous customs and traditions, right to their justice systems, right to indigenous

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political structures, right to an equitable share in revenues from utilization of resources in their ancestral lands, right to free and prior informed consent, right to political participation in the Bangsamoro Government, right to basic services, right to freedom of choice as to their identity. Right to Self-Determination The proposed BBL also specifically provides for the “preservation of Bangsamoro Cultural Heritage [which] i n c l u d e s t h e h i s t o r y, culture, arts, tradition and the rich cultural heritage of the indigenous peoples of the Bangsamoro”; and the creation of the Tribal University System “to address the higher educational needs of the indigenous cultural communities in the region.” It also provides the “right to self-governance and selfdetermination” of the IPs, “including respect for the integrity of values, practices, and institutions.” If they so desired, IP communities can create their own LGU

t h r o u g h a l aw p a s s e d by the Parliament. “The Bangsamoro Parliament may likewise create appropriate local government units i n t he are as i n habite d predominantly by indigenous peoples.” The Office or Ministry for the Indigenous Peoples will also be established to develop and implement the Bangsamoro programs for the IPs. Other basic rights the IPs will enjoy are the right to life and to inviolability of one’s person and dignity, right to freedom and expression of religion and beliefs, right to equal opportunity and non-discrimination in social and economic activity and the public service, regardless of class, creed, disability, gender and ethnicity; right to establish cultural and religious associations; right to freedom from religious, ethnic and sectarian harassment. The IPs will also continue to enjoy their customary r i g ht s a n d t r a d i t i o n s :

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Upon Extra-Judicial petition for sale under Act No. 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG FUND), with principal office at Petron Mega Plaza, 358 Sen. Gil Puyat Ave., Makati City, and with branch office Pag-Ibig Fund Bldg., JR. Borja St., Cagayan de Oro City , as mortgagee, against IKE C. BACLAYON, of legal age, married to Suzzette C. Baclayon and with postal address at Lot 17, Blk. 18, Kisanlu/Pag-ibig City, Iponan, Cagayan de Oro City, as mortgagor, which as of May 16, 2014 amounts to FIVE HUNDRED TWO THOUSAND SIX HUNDRED FIFTY NINE PESOS & 91/100 (Php 502,659.91) inclusive of interest , and penalty charges, but exclusive of attorney’s fees equivalent to ten (10%) percent of the total indebtedness plus the expenses of foreclosure , the undersigned will sell at public auction on July 14, 2014, at 10:00 a.m. or soon thereafter at the main entrance of the Office of the Clerk of Court, Regional Trial Court, Hall of Justice, Cagayan de Oro City, to the highest bidder for cash or manager’s check and in Philippine Currency , the following property with all the improvements found thereon, described as follows: TCT No. T-202465 “A PARCEL OF LAND ( Lot 17, Block 18,Pcs-10-002661, being a portion of Lots 3594,3596,3597,3598,3600,Cad-237 & Lot 3591-1, ( LRC) Psd-128619), situated in Barangay Iponan, City of Cagayan de Oro, Province of Misamis Oriental, Island of Mindanao, containing an area of ONE HUNDRED TWENTY ONE (121) square meters, more or less.”

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“c u s t o m s , b e l i e f s a n d traditions of the people in the Bangsamoro are recognized, protected and guaranteed.” The Bangsamoro government guarantees the adoption of measures “to ensure mutual respect and protection of the distinct beliefs, customs and traditions” of the peoples in the territory; and guarantees the peoples the freedom from any form of discrimination on account of creed, religion, ethnic origin, parentage or sex. The IPs will also be represented in the BTA. In the Interim Cabinet, there will be an Indigenous Peoples Affairs office and in the hiring process for the Bangsamoro Government, gender and ethnic balance is of paramount importance. “Parliament may create an appropriate office or ministry for IPs, which shall be part of the Bangsamoro Cabinet,” the proposed BBL said. In the Bangsamoro Parliament, the IPs have 2 reser ved seats, whose occupants will be selected pursuant to customary laws and indigenous processes. An IP representative will also sit in the Council of Leaders. Justice System “The justice system in the Bangsamoro shall give primary consideration to Shari’ah and customar y rights and traditions of the indigenous peoples in the Bangsamoro.” The BBL also guarantees that the IPs can fully exercise their traditional/tribal justice system, a justice system that is appropriate for the IPs as defined by them. For this, the establishment of the Office for Tradition/Tribal Justice System is ensured. The IPs are also guaranteed their full par ticipation in t he “for mu lat ion, implementation and evaluation of policies related to the strengthening of the tribal justice system.” Conflicting parties of the IPs will also have the freedom to choose an Alternative Dispute Resolution (ADR). The proposed BBL also guarantees the “recognition of indigenous structures or systems which promote peace, law and order” as well

as “institutional support for these structures and systems.” Natural Resources IP communities within the Bangsamoro territory will also preferential rights in the exploitation, development and utilization (EDU) of natural resources within their ancestral domain covered by a native title as well as enjoy equitable share in the revenues from the EDU of these natural resources. Of course, the EDU of these natural res ources must have the IPs free and prior informed consent (FPIC). On mining, especially in the EDU of fossil fuels and uranium, the draft BBL provides that “preferential r i g h t s” a r e g i v e n “t o qualified citizens who are bonafide inhabitants of the Bangsamoro. The IPs will also have the right to regulate small-scale mining “to ensure that the ecological balance, safety and health, and the interests of affected communities and indigenous people, among others, are duly protected and safeguarded.” For natural resources found in the Sulu Sea and the Moro Gulf, the IPs are guaranteed protection of their traditional fishing grounds as well as enjoy the benefits from the EDU of the resources found therein. (To be continued)

Activates... from page 2

developments in flood and landslide prone areas in Magsaysay, the last town east of Misamis Oriental, the towns of Medina, Balingasag, Lagonglong and Gingoog City, in the province’s east district. The component city of El Salvador, the coastal towns of Opol, Alubijid, and Manticao in the province’s western district are also on watch list, Pacamalan said. The 26-member DRRMC in Misamis Oriental is composed of department heads where the Department of S o c i a l We l f are an d Development (DSWD) and the Provincial Health Office (PHO) are taking the lead, Pacamalan added. (PNA)


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Filinvest... from page 1

set for an early completion, which means an early delivery date to homeowners to as early as mid-year of 2015. “Completion and delivery dates are top considerations of Filinvest Land, which sets our project apart from the rest with a 5-year lag time,” notes Ms Ara Solidum, FLI Area General Manager for North Mindanao. F i l i nv e s t b r i n g s i t s expertise in mid-rise residential development to Cagayan de Oro City and while achieving such vision is no mean feat, Filinvest, through its Oasis Communities, is able to provide deserving homeowners quality resortthemed developments. All projects adhere to what Filinvest dubb ed as “7 Reasons”, which will ensure that each property will be created according to the needs of the residents. The 7 Reasons why the One Oasis CDO offers the best in this thriving city of the south: • A n a c c e s s i b l e getaway. One Oasis CDO is strategically located along Rosario Limketkai Avenue in Bgy. Lapasan, Cagayan de Oro City, One Oasis Cagayan de Oro is just a short walk to lifestyle hubs like Limketkai Center, Ayala Centrio Mall and Gaisano City Mall; A 5-minute drive to schools like Xavier University-Ateneo de C agayan, Mindanao University of Science and Technology and Capitol University. Hospitals like the Northern Mindanao Medical Center, CU Medical City, Xavier UniversityMaria Reyna Hospital and Cagayan de Oro Polymedic General Hospital are but a short drive away. Public transport is easily accessible along Limketkai Avenue, CM Recto Avenue and JR Borja

Extension. • 2. A refreshing haven. At One Oasis CDO, you do not just come home to a wellbuilt mid-rise condominium. Each Oasis development has been carefully planned to ensure that homeowners are accorded a much-needed respite from their daily grind. In here, frazzled urbanites can find a refuge in stylish mid-rise buildings blended with luxuriant landscapes, seamlessly laid out to provide that much sought sense of space and privacy. • 3. An oasis of lush proportions. One Oasis CDO is your own secret garden in the heart of the busy metro. Each Oasis community serves as a green respite, a breathing space from the congested concrete jungle as almost 55 percent of the entire development is devoted to greeneries, intelligently planned amenities and open spaces. Residents of One Oasis CDO can look forward to healthy bliss and serenity. • 4. Resort-inspired amenities. Living at One Oasis CDO would be similar to having an endless vacation as each midrise enclave features a range of resort-inspired amenities such as swimming pools, a clubhouse with entertainment rooms, parks, playgrounds and more. Opportunities for family bonding abound. • 5. Well-appointed living spaces. One can only expect comfortable and convenient living spaces at One Oasis CD O. Its design and aesthetics had been a perfect seamless blend of function and style. Filinvest Oasis projects make use of reinforced concrete and castin-place technology creating homes that are truly worthy of a family’s investment. • 6. A secure

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

SPEC. PROC.NO.2013-024

-versus- FOR : CORRECTION OF ENTRY THE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent, X---------------------------------------/

environment. With well-guarded gates and perimeter fence, and 24/7 security, One Oasis CDO residents can relax and breathe easy, knowing that their loved ones can safely play and roam the neighborhood. • 7. Where your hard work is valued. Enjoy the One Oasis CD O lifestyle with the best value for your money. Your investment is left in the care of the Filinvest Property Management Team, comprised of experts who will keep the entire property and facilities secure and maintained.

BDO... from page 4

crisis some years back as it has built its foundation on solid operations and sound financial strategy.” The entr y of a ne w investor, BDO, could provide the small lender the needed lift. M&A deals were key in propelling BDO, which has total assets of P1.6 trillion as of end-March and an 814-strong domestic branch network as of end-2013, to the top spot in the Philippine banking sector. Its last acquisition was the trust business of Deutsche Bank AG’s Manila branch. That transaction in February gave BDO scale in its trust and investment business, adding P70 billion to the bank’s P770 billion assets under management. BDO first bought the Dao Heng Bank’s subsidiary in the Philippines in 2001, followed by First e- Bank in 2002. The following year, BDO swallowed Banco Santander Central Hispano’s subsidiary in the Philippines. In 2005, it acquired United Overseas Bank. Next was Equitable PCI Bank in 2006. The year after, it bought

(Sgd.) EMMANUEL P. PASAL Judge BWM : June 18, 25 & July 2, 2014

BSP...

from page 4 In 2012, the central bank lifted the limit on the number of branches that banks can apply for in a move that will further encourage mid-sized commercial banks to expand their banking networks. While a bank may apply for a new establishment at any time, the BSP approval will depend on a bank’s capital base. Ap p r o v a l s f o r n e w branches may also be revoked if the BSP could determine that a bank’s capital will no longer sufficiently support the establishment of new branches or the bank has supervisory problems. As of March 2014, the BSP is supervising 667 banks with 9,353 branches or other offices. Of 667, 36 were the universal and commercial banks, 70 were thrift banks and 525 were rural banks.

Hurst... from page 6

I’d never know that He could solve them. I’d never know what faith in God could do.” So won’t you give your life to Jesus Christ today, and start trusting Him to take care of you no matter what happens? He’ll help you to see all the good things He’s given you— including answers to prayers you never even prayed. Just Think a Minute…

NATURAL TREATMENT WITH NO CONTRAINDICATIONS WITH DRUGS AND OTHER MEDICAL PROCEDURES.

from page 6

at the lackluster performance of law enforcers and the judiciary in going after human traffickers. “Trafficking in persons is so rampant; corruption is widespread so the suspects seldom get arrested or convicted due to incompetent or corrupt prosecutors and judges and police. “While most of the judiciary can be said to be fairly just and honest, not all prosecute or convict because of bribery. “That is why the Philippines is still on the 2nd level of notoriety of the US Trafficking in Persons report.”

IN THE MATTER OF THE LEGAL FC SP.PROC. CASE NO. 2014-021 ADOPTION OF JUSHUA PAUL RAHON-DESCALLAR ( 6 YR. OLD MINOR). MARK ANTHONINE O. SUCGANG, Petitioner. x----------------------------------------------------/ ORDER A verified Petition for Adoption has been filed by the above-named petitioner alleging that the minor sought to be adopted is the illegitimate son of his wife and he has developed parental love over the minor and desires to adopt him. Petitioner prays that judgment be rendered declaring the minor to be free from all legal obligation of obedience, and maintenance with respect to his biological father and be to all legal intents and purposes, the child of petitioner. Finding the petition to be sufficient in form and substance, notice is hereby given that the same shall be heard on August 6, 2014 at 8:30 o’clock in the morning. Any interested person may file a written opposition or appear at the said hearing to oppose the said petition. Let this Order be published in an accredited newspaper of general circulation once a week for three consecutive weeks at the expense of herein petitioners, the date of the last publication should be at least fifteen days before the date set for hearing of the petition. The Court Social Worker assigned to this Court is hereby ordered to conduct child and home study and make reports thereon to be submitted before the scheduled date of hearing. Also, at the expense of petitioners, let copies of this Order together with the petition be furnished to the RTC Social Worker assigned to this Branch, the City Prosecutor’s Office , the Office of The Solicitor General, 134 Amorsolo Street, Legaspi Village, Makati City. SO ORDERED. Done this 26th day of May 2014, Cagayan de Oro City, Philippines. (Sgd.) JOSE L. ESCOBIDO, MNSA Presiding Judge BWM: June 25, July 2 & 9, 2014

In 2007, government and NGO estimates placed the number of women trafficked at between 300,000 to 400,000. The number of children trafficked ranged from 60,000 to 100,000. Given such shocking numbers, which cover only sex-related trafficking, I am inclined to agree with Fr. Cullen’s observation. For feedback, you may email us at totingbunye2000@ gmail.com.

Bunye...

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 37 Cagayan de Oro City

THIRD AMENDED ORDER On September 17, 2013, this Court issued a Second Amended Order resetting this case for initial hearing on November 7, 2013 because the Petition and the Amended Order were not yet published. Subsequent settings for the initial hearing were cancelled as it appears that petitioner cannot afford the publication cost. Petitioner, through counsel, filed a Motion to Allow Publication in a Newspaper of General Circulation Free of Charge on May 22, 2014. This Court granted the motion on May 29, 2014. In view of the foregoing and finding the Petition for Correction of Entries in the Birth Records of petitioner to be sufficient in form and in substance ,the same is hereby given due course and set a new for initial hearing on August 6,2014 at 8:30 in the morning at the Session Hall of this Court on which date, time and place, all persons who may have any opposition to the petition herein sought ,may appear to show cause why said petition should not be granted. Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing. Likewise, let copies of this Order, with Petition attached, be posted by the petitioner on the bulletin boards of the Court, the City Hall of Cagayan de Oro City and the Provincial Capitol of Misamis Oriental for at least ten (10) days prior to date of hearing. Furnish copies of this Order and the Petition to the Offices of the Solicitor General, City Prosecutor of Cagayan de Oro City and the Local Civil Registrar of El Salvador City, Misamis Oriental. SO ORDERED. June 2, 2014, Cagayan de Oro City.

American Express Savings Bank, and GE Money Bank in 2009. L ast year, it b oug ht Citibank Savings, Inc., Citi’s thrift banking arm in the Philippines. -- Reuters

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

Best in Business and Economic Reporting Philippine Press Institute Civic Journalism Community Press Awards 2013

wed-thu|July 2-3, 2014

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

PA RT I A L L I S T O F N O M I N E E S BANKING & FINANCE:

AGRO & FOOD PRODUCTION

REAL ESTATE/HOUSING

HOTEL & RESORTS

Alrose Group of Companies

Katipunan Bank in Zamboanga del Norte has been extending various forms of financial service in the province in its branches in Mindanao and Visayas. Peoples Bank of Caraga Founded in 1972 as the Rural Bank of Talacogon, Inc., PBC has branches in Bayugan, Cabadbaran, Prosperidad, Sibagat, Digos, Lupon, San Francisco, Sta. Josefa, Compostela, Oroquieta, Talacogon, and Kapalong.

started as poultry& piggery backyard operation back at early 70’s and later diversified into poultry – table egg production, financial services and printing. With Agri-business and Finance as the core business of the Company. Alrose Group of Companies now operates Jollibee, Greenwich to Red Ribbon, bracnches all over the region. It is one of the biggest fast food chain in the Philippines.

Evita Banana Trading Co., Inc. is engaged in Banana and Pineapple

export products supplying Middle Eastern countries, Southeast Asia, and Australia. Evita Banana started in 2006 . Its main office is in Lanang, Davao City. Evita gets its supply of bananas from Davao del Norte, some municipalities of Davao del Sur, and Davao City. Its pineapple export are harvested from Bukidnon.

Sumifru (Philippines) Corp engages in the sourcing,

Cantilan Bank, Inc.

From a one brick-and-mortar branch in 1980, Cantilan Bank has grown to 18 branches and 22 Micro Banking Offices operating in the Caraga Region, Compostela Valley, Davao del Norte, Davao City,

1st Valley Bank is a multi-

awarded rural bank in Mindanao, has 28 branches and 8 financial solution centres and one of the fastest growing financial in Lanao del Norte, Misamis Occidental, Misamis Oriental, Bukidnon, Zamboanga del Norte, Zamboanga del Sur, Zamboanga Sibugay, and the cities of Iligan, Ozamiz, Pagadian, Oroquieta, Dipolog, Cagayan de Oro, Gingoog, and Zamboanga.

Paglaum Multi-Purpose Cooperative, Mis. Occ On November 15, 2007, Paglaum MPC started to operate the Pinoy Coop ATM in Plaridel. In partnership with MASSSPECC, its program initiator, it is connected with the worldwide Megalink, Expressnet and Bancnet providers. It has branches all over Misamis Occidental and Zamboanga,

FICCO - First Community Cooperative (Ca-

gayan de Oro City is the biggest open community cooperative in the Philippines with 156,000 members as of Mar 2012 and assets of 5.6 Billion. Its vision is to uplift the standard of living and quality of life of cooperative members and help build the middle classes of Mindanao.

production, shipment and marketing of various fresh fruits, primarily the export of quality Cavendish bananas, Pineapple and Papayas in China, Japan, Korea, Middle East, New Zealand and Russia. Sumifru has gained high regard in the markets for the excellent quality of its products.

Iluminada Farms Inc.,

of Davao is into producing premium quality, farm fresh eggs. It has been in the industry since 1980. Today, the company distributes its products in most major cities and provinces in Southern and Northern Mindanao. Its other line of business is feed milling, and poultry. PEEDBROS FRAM & TRADING CORP is a tropical fruits and vegetable exporting company based in Panabo City, Davao Del Norte. Its primary goals are to provide high quality produce, responsive service, and competitive pricing. Virgilio Jose, a former military officer established VjANDEP Bakeshop that produces VjANDEP Pastel-a Spanish word for cake and a favorite Cagayan de Oro pasalubong item. The bakeshop’s production expanded significantly following technical assistance and trainings on GMP, HACCP, CP+EMS, MPEX, ISTIV, and packaging and labeling development through DOST’s flagship Small Enterprise Technology Upgrading Program or SET-UP.

Monastery Farms

located at the Benedictine Monastery of Transfiguration at San Jose, Malaybalay City and cited as Outstanding MSMEs awards recently. Its famous brewed coffee packs are the favorites of local tourists.

Also brought to you by:

THE YANSON GROUP OF COMPANIES

Italpinas is a state of the art professional company engaged in architectural and design eco services and real estate investment development. It supplies quality specialized eco services (architecture, interior design, project finance and management), identifying investment opportunities based on the different types of the real estate eco products (residential, commercial, industrial and tourism) in different geographic locations (Europe from Rome and Southeast Asian from Manila) and professional management activities.

Garden Orchid Hotel is located at Gov. Camins Avenue, Zamboanga City and is just a stone's throw away from the airport. It is approximately 10 minutes away form the commercial places like Paseo Del Mar where you can go dining by the sea. Cagwait White Beach Resort

Incorporated in 1962, Alsons Development & Investment Corporation is one of the leading real estate firms operating in Davao City. Since its inception, the company has been at the forefront of the real estate industry in Davao City, with projects such as Las Terrazas, Woodridge Park and Ladislawa Garden Village. It is backed up by the solid group of companies of the late Conrado C. Alcantara, one of Davao’s most prominent pioneers. ABCI is a real estate development company in Northern Mindanao. Its famous project is Xavier Estates due to its flood-free location, excellent infrastructure, own water supply, lush greenery, security facilities, and the largest, best-equipped club in Northern Mindanao. The company has other premiere projects: Teakwood Hills, an idyllic enclave that has a breathtaking view of the mountains and Macalajar Bay, Valencia Estates in Bukidnon, Coral Pebbles Resort & Residences in Misamis Oriental and West Highlands, a golf and residential estate in Butuan.

VCDU REALTY CORP is a real es-

tate developer primarily engaged in rental/ leasing, housing development in the city of Butuan. VCDU REALTY CORPORATION uses the best building technology and state - of the - art "patented forms system" creating the real estate development high quality. Standard of excellence are its top priority which gained high acceptance from its buyers.

Cagwait White Beach Resort was known before as Waikiki Beach of the Philippines when famous American pilot Charles Lindbergh saw the horseshoe formation like his hometown resort in Hawaii islands. People from different different places started flocking to witness the celebrations of Kaliguan Festival in ths resort. Cagwait White Beach was then an ‘Unseen Paradise’ but not anymore.

Dahilayan Gardens and Resort

is nestled at the base of beautiful Mount Kitanglad. It is one of Bukidnon’s finest resorts which encompasses all that you could ask for a place to play, relax and unwind in the middle of some of the most pristine landscape imaginable. It caters to weddings, romantic getaways, family vacations and adventure trips. Combine the comforts of home and the luxuries of a resort that is Dahilayan Gardens and Resort.

RR Family Spring Resort

One of the more awe-inspiring beauty among the many resorts in the Province of Bukidnon is RR Family Spring Resort or popularly known by locals as RR Resort. It is found in a relatively secluded area in Dologon, Maramag 32 kilometers south of Malaybalay City and 10 kilometers south of Valencia City. RR Family Spring Resort is overlooking Pulangi River. RR Family Spring Resort boasts of A family-friendly staff, amenities, and views. The resort is now getting a lot of new visitors and patrons because of its wonderful scenery and theme. It has clean swimming pools which are categorized for both adults and kids.


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