BusinessWeek MINDANAO CREDIBLE
Volume VII, No. 020
Market Indicators As of 6:10 pm july 22, 2016 (friday)
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PHISIX
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8,025.35
6.7
X Briefly
cents
76.95
X
points
Batas Kasambahay
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Shell’s import facility seen to boost sales www.businessweekmindanao.com
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Shell Philippines chairman Edgar Chua said “with this facility, shipments can already be made directly to Cagayan de Oro – and it is a strategic place to delivery points in Visayas and Mindanao.” He said the advantage of the NMIF then would be “lower cost when it comes BURNED DOWN. A girl tries to salvage what is left of their house (inset) which was among those gutted down by fire early Friday in Brgy. 27, Cagayan de Oro City. The Bureau of Fire Protection said about 100 families were affected and placed the damage at P5 million. photos by gerry lee gorit
DAVAO City -- An incentivebased environmental program in Mindanao was featured as having one of the best practices for reducing emissions at a recently concluded international forum in Hanoi, Vietnam. At the ASIA LEDS Forum 2016, a premier gathering of policymakers, donors, practitioners, and other experts involved in promoting Low Emission Development Strategies (LEDS) and climate-resilient development in Asia, the Payment for Ecosystem Services (PES) in Mindanao was featured as a mechanism designed to maintain environmental integrity in the island-region.
By MYRNA VELASCO, Contributor
HE newly commissioned Northern Mindanao Import Facility (NMIF) is expected to boost the sales volume of Pilipinas Shell Petroleum Corporation (PSPC), primarily in the strategic and brisk markets of Visayas and Mindanao.
THE Department of Labor and Employment region 10 (DOLE10) leads the creation of the Technical Working Group (TWG) relative to intensify efforts in disseminating batas kasambahay to the public prescribed general labor standards, rights and privileges of domestic workers as contained in Republic Act (RA) 10361. DOLE-10 Regional Director Raymundo G. Agravante disclosed that the Social Security Systems, Philhealth, Pag-Ibig, Department of Interior and Local Government, Department of Social Welfare and Development, TESDA and the LGU Cagayan de Oro City finally created the TWG on 15 July 2016 at the Mayor’s Conference Hall, Cagayan de Oro City. Cagayan de Oro City sets as pilot city in Northern Mindanao in the implementation where a memorandum of agreement will be signed pertaining to its creation on 8 August.
Reducing emissions
P15.00
Monday | July 25, 2016
NGCP decries sabotage on power lines By CRIS DIAZ, Contributing Editor
T H E Nat i ona l Powe r Grid Corporation of the Philippines (NGCCP) on
Friday decried the “act of sabotage” inflicted on power lines in Lanao Del Norte.
to logistics and it will also enable them to have less double handling.” Prior to the establishment of their Mindanao import f a c i l it y, he note d t hat congestion could hobble product shipments from their refinery in Batangas sales/PAGE 11
DOE sees pump price decreases this week THE Department of Energy (DOE) expects a rollback in pump prices of petroleum products this next week, driven by the lack of demand
in Asia and the stronger Philippine peso. According to an advisory f r o m t h e d e p a r t m e nt , price/PAGE 11
Beth Ladaga, NGCP’s spokesperson, said that unidentified individuals deliberately lobbed a tree sabotage/PAGE 11
FVR accepts Duterte’s offer as special envoy to China By ANTONIO L. COLINA IV, MindaNews
DAVAO City -- Former President Fidel V. Ramos has accepted the offer of President Rodrigo Duterte
to be the special envoy to China. “Kaya ko (I can do this!),” the 89-year old Ramos, told
reporters at the Marco Polo Hotel Davao on Saturday evening, on his acceptance of the mission to talk with China following the July 12 ruling envoy/PAGE 11
REUNION ACROSS THE TABLE: Presidential Adviser on the Peace Process Sec. Jesus Dureza meets with Moro Islamic Liberation Front Chair Al Haj Murad Ebrahim on Thursday last week to discuss the implementation phase of the peace process at the MILF’s headquarters in Camp Darapanan in Sultan Kudarat, Maguindanao. mindanews photo by keith bacongco
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Economy GSIS allocates P564M in emergency loan for 9 more Mindanao areas
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HE Government Service Insurance System (GSIS) set aside a total of P563.6 million in emergency loan for its active members and old-age pensioners in nine more areas in Mindanao that were affected by El Niño. Eligible to apply for the loan until July 31, 2016 are qualified members and
pensioners in Iligan City in Lanao del Norte; Claveria in Misamis Oriental; Tudela and Bonifacio in Misamis O c c i d e nt a l ; Ka b a s a l an and Alicia in Zamboanga Sibugay; and Guipos and Kumalarang in Zamboanga del Sur. Those in El Salvador City in Misamis Oriental may avail of the loan until August 9, 2016.
A total of 17,597 active members are eligible to apply if they are working or residing in the calamitydeclared areas, are not on leave of absence without pay, and have no arrears in paying premium contributions in the last six months. First-time borrowers may apply for a P20,000 emergency loan. Those who
have an existing emergency loan are entitled to P40,000, from which their outstanding loan balance will be deducted. A total of 2,731 oldage pensioners residing in the said areas may borrow P20,000. If they are also active members for having been reemployed in the government service, they may borrow only once.
WITH the vision of stirring innovation and creativity among food entrepreneurs, the Department of Trade an d In du s t r y Mi s am i s Oriental Provincial Office along with the Department of Science and Technology and the Mindanao University
of Science and technology thru the Northern Mindanao Food Innovation Center held a one-day Food Innovation Forum and Tiangge 2016 on 20 July in Cagayan de oro City. The forum intends to inculcate innovation and
to encourage micro food industries to continuously do research and product development as essential for business, to be able to stay ahead, if not survive global competition. It is now the right time to innovate as micro food entrepreneurs are more
equipped with the existence of the Northern Mindanao forum/PAGE 10
Food Innovation forum spurs micro enterprise to innovate
The loan is payable in 36 equal monthly instalments at 6 percent interest rate per annum computed in advance. It is covered by a loan redemption insurance, which deems the loan fully paid in case of the borrower’s demise, provided that loan repayment is up to date. Active members may apply through any GSIS Wi rel e ss Autom ate d Processing System (GWAPS) kiosk located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices;
large government agencies such as the Department of Education; Robinsons Malls; and selected SM City branches in North Edsa, Manila, Pampanga, Cebu, and SM Aura in Taguig. Active old-age pensioners must personally submit to the GSIS a fully accomplished emergency loan application form to apply for the loan. Loan proceeds are electronically credited to the borrowers’ GSIS electronic card (ecard) or Unified Multipurpose Identification (UMID) card.
RPN Radyo Ronda Stations Nationwide
CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo
CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao
DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos
Alena W. Taladua of Tambo Central Elem. School is cited as a Youth Excellence in Science Awardee for winning the silver medal at the 2015 Int’l Mathematics Wizard Challange held August 10-11, 2015.
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
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Opinion
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A SONA like no other
Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO
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competitiveness - is long overdue. The timing is just right. More people, compared to six years ago, are now open to Cha Cha. Present! A notable presence today will be former President and now Pampanga Representative Gloria Macapagal Arroyo. Forced by circumstances to be absent during at least three sessions, she will not miss today’s opening of Congress for anything. Last week, the Supreme Court, voting 11-4, gave her the clean bill. There is no strong evidence against the former President. There is no conspiracy to commit plunder. The decision can not be any clearer and louder than that. Those who used to frequent the jai alai fronton years and years ago are familiar with the jai alai rule written in bold letters – EL FALLO DEL JUEZ ES INAPELABLE. Translation : Pag sinabi ng huwes, tapos! Time to move on. T h e Fu n ny S i d e o f President Rody The tough-talking President has a skill very few people know about. At least until that gathering at San Beda a couple of weeks back. The testimonial meeting was organized by the “citizens of the San Beda Republic” and
attended by some notable honorar y members like former President Fidel V. Ramos, former Chief Justice Artemio V. Panganiban and Sandiganbayan Presiding Justice Amparo CabotajeTang. Pre s i d e nt R o dy ha d his audience doubling up in laughter as he regaled them with his “Solidum joke”. Solidum is none other than the late Judge Arsenio Solidum who taught law at San Beda, Ateneo and other law schools. President Rody could re a l ly mi mi ck t he l ate beloved professor who was noted for his shrill voice and fractured pronunciation. Surprised when Solidum asked him to move to the front row and to recite, President Rody involuntarily scratched the back of his head. The judge scolded the promdi-w ho-would-b ePresident: “Duterte….. stop spreading your dandroof (spelled as pronounced) inside the room…… Keep your dandroof …….on your head……… It’s the only one you have (on your head).” Justice Secretar y Vit Aguirre almost dropped his wig laughing. The incident prompted my former classmate Gary Lising to write a short cong ratu lator y note to President Rody expressing
SPEAKING
O ut
Ignacio Bunye his compliments “f rom one stand-up comedian to another”. Leni-nisms (Quotable quotes lifted from Vice President L e n i R o b r e d o’s p u b l i c pronouncements) - “Ang sandaling ito ay hindi lamang tungkol sa akin. Ito ang ating pagkakataong makasama ang mga nasa laylayan ng lipunan tungo sa maginhawang buhay sa mas malawak na paraan.” - “…from 1 per cent to Vice President…” - “Yung tila imposible, naging posible.” - “Ang inyong pagtulong, walang hinanap na kapalit.” - “Ang bahay ko, bahay niyo na rin.” - “Magpakumbaba. Hu w a g m a k i p a g - a w a y. Magpatawad.” Note: You may email us at totingbunye2000@gmail. com. You may also “Like” us on Facebook: Speaking Out.
Why many do not hit the mark in launching a business
Made for Pleasure Think a minute…Sex was God’s idea. God created sex in marriage for pleasure. The problem is that we have misused and twisted God’s plan for sex. We ruin this beautiful gift from God by using sex wrongly. So we actually hurt ourselves with wrong kinds of sex that were never intended for us. Sex is like our other appetites. Just like our appetite for food is to keep our body strong and healthy, sex has 2 main purposes: for PLEASURE and PROCREATION or having children. So we must use our sex drive in the right way for it to work best for us. The only way sex can be fully enjoyed is in marriage. It’s not lust and desire for anybody we want, so we can just use them to make us feel good for the moment. God designed us so that sex we have with anyone who is not our wife or husband is not pleasure that will keep satisfying us for a lifetime, because it’s not a permanent, secure relationship. What’s more, sex with others you do not know well is extremely dangerous because of AIDS and other sexually transmitted diseases. Remember, you’re not only having sex with that one person, but you’re having sex with every other person they have ever had sex with!
If the inauguration of President Rody Duterte were any indication, the State of the Nation Address scheduled this afternoon will be a SONA like no other. The usual glitter (translation: fashion show) will not be there. President Rody has signalled often enough that he wants it simple. Business att ire will do. The traditional formalities will not be there. No need for the greetings of “His Excellency” and “Honorable” (for other public functionaries). Just guessing. But the usual rallies might not even be there. After all, the militants already have direct access to the President. I surmise that the address itself to both houses of Congresss, and the Filipino people, will be short and sweet. Just like his inaugural. At its core will be the direction we are headed and how President Rody proposes to get us there. If there is one main message that President Rody may want to focus on, then it should be an urgent call to amend the constitution via a constitutional convention. And it should be now. A cornerstone of his campaign – Federalism – can only be done via charter change. Morever, a review of economic provisions which are perceived to have hindered our national
THINK
A Minute
Jhan Tiafau Hurst God intended sex to continually get better in marriage because you love and know each other better through the years. So even though your children are grown up, that does not mean sex has finished serving its purpose. God’s plan for sex is much more than that. Remember, sexual closeness in marriage is for both the husband’s and wife’s pleasure. That’s the kind of love God created for us to express and enjoy. Passionate love that satisfies your wife or husband and not just you. If you’re married and don’t enjoy close, intimate love in your relationship, then you’re missing one of the greatest gifts God has given to us human beings. So why not ask Jesus to forgive you for your wrongs in your hurst/PAGE 10
Anyone who jump-starts his or her new business faces the statistics of only two out of ten new business es that sur vive after five years. How will a p ers on overcome t he gloomy prospect of success if he or she dares to hit the mark? If the statistics guide such start-up decisions, many could have felt intimidated at the start. But to be an overcomer, one must have a different reality. What you think is your phenomenon. The Wright brothers who invented the airplane could not be more right. When faced with the reality that humans cannot fly, they had a different reality. So they used their leverage and t he rest is histor y. In their time, people said humans will never fly because the idea was outside the box of their reality in that era. But that idea was not outside the realm of probability in the minds of the Wrights, so they soared. In business, the analogy is the same: many people think that success is so elusive that upon pondering t he hig h prob abi lity of failure, they give up. This is
true especially if they come across stories of failures and what happens to most newbies. Only those who t hin k t he opp osite c an succeed. Let us then compare how the losers and winners think. Their realities are defined by what they think is smart and what they think is uncertain. They are opposites: losers consider job security is smart, while bui lding business es is risky. Thos e w ho make no great shakes consider having a big house a bright move; on the other hand, business achievers rather build apartment houses b ecaus e for them a big house is risky. Brilliant entrepreneurs do not opt for m e re s av i ng s ; t h e y rather invest. Acers are generous while the tryinghards impugn the guilt of greed upon the rich. The reason why many employees do not venture out in business: business is risky. This contradicts t he r ich p ers on’s v ie w : having a secure job is the one that is truly risky. I see the point: even in the US, someone who earns $80,000 annually will eventually retire with a minimum of $1,000 retirement pension a month.
An ordinary employee c an n ot s e e t h e r i s k i n ow ning a big hous e. If his lifestyle cannot match that property, he ends up broke with the bills payable and eventually mortgages t he prop er t y. The w is e entrepreneur thinks an apartment is better because it generates regular rentals and focuses on investment rather than liabilities. Robert Kiyosaki, a best-seller entrepreneurauthor, recalls the kind of savings his poor dad focuses on: going around supermarkets to find sales promo and buy pork butts that can be consumed for s i x m ont hs ! Kiyo s a k i’s r i ch d a d ( t he one w ho mentored him to become a good entrepreneur) exemplifies the opposite: he goes around looking for bonds or stocks to invest or new business to build. Maybe a hindrance to winning is a sweeping judgment that the rich are close-fisted or exploiters. Not really true all the time. Ho w a b o u t B i l l G a t e s who built a foundation to i mprove t he qu a l it y of life of mankind? How about Mark Zuckerberg who just said he only needs to keep ten percent of his wealth and give 90 percent
lucell larawan to charity? Examples of generosity abound. Losers are average at best: they avoid losing and expect to win 100 percent of the time. Whereas, winners t a ke losing as t he p at h to winning. For instance, if they have $200,000 to spare, they allot $20,000 to play the market with. But this amount goes to several trades where they have enough money to lose 19 out of 20 times. So even if t he y los e $14,000 on fourteen straight trades, they can suddenly make $50,000 on the next market move. Improv i n g m i n d s e t s cannot come from mere educational pursuits. One needs to follow the paths of exemplars while embrace losing as an ingredient in his resume.
V I S I T O U R W EB PO R TA L
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CorporateEvents 6 Globe urges Akamai to include PH mobile internet performance in report G
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LOBE Telecom calls on Akamai to include the mobile internet results for the Philippines in its quarterly State of the Internet (SOI) report in reaction to the 1st Quarter results released recently where the country’s internet performance was once again benchmarked using fixed broadband internet. Yoly Crisanto, Globe SVP for Corporate Communications said that similar to other countries, Akamai should include the PH in its report on mobile internet to provide the public with a complete picture on the country’s true state of internet speed. “By using the average speed for fixed broadband to represent the internet speed for the whole country is erroneous. It is not reflective of the true state of internet considering that majority of Filipinos are using mobile data to access the internet. In comparison with other countries, this will again put the Philippines in bad light and will be used as reference in many studies and reports,” Crisanto said.
In the latest SOI report of Akamai, the average internet speed in the Philippines for fixed broadband increased by 24% from 2.8Mbps in Q1 of 2015 to 3.5Mbps in Q1 of 2016. The peak speed also increased by 47% year on year from 20.3Mbps in Q1 2015 to 29.9Mbps this quarter. Due to a history of underinvestment in the area of fixed broadband, the telco industry is trying to catch up by addressing the huge infrastructure gaps in contrast with its Asian neighbors. Crisanto added that the Akamai report is being used as reference by government agencies, media and special interest groups in creating their position on issues that affect the industry. “Akamai must now realize the importance of their SOI report so they should prioritize the inclusion of the Philippines’ mobile internet in the next report,” Crisanto stressed. Globe has been reaching out to various sectors to educate the public on the challenges facing the industry globe/PAGE 10
UNAHCO SUPPORTS GERALD ANDERSON FOUNDATION – UNAHCO, Inc., the animal health division of United Laboratories, recently partnered with the Gerald Anderson Foundation by donating Dextrolyte, Bubble Bath Grooming Shampoo, Yum Yum Dog Food, and Major D Disinfectant. UNAHCO, Inc. believes in the foundation’s mission to train K9 units for search and rescue during calamities and disasters and the importance of making sure that these courageous dogs are provided the most quality products be it may for animal health, nutrition or grooming. The foundation was established by movie and television personality Gerald Anderson in the wake of ‘Typhoon Ondoy’ when the actor saw the need for search and rescue K9 units. The foundation helps owners train their dogs to be ready when the next disaster strikes and is also planning to have therapy dogs for cancer patients and people with disabilities. Shown during the ceremonial turnover of donations are (seated, from left) Chester Subagan, UNAHCO Pet Lines Cluster Head, UNAHCO President & COO Ricardo C. Alba, Anderson, UNAHCO Chief Finance Officer Luis Miguel Vaca, (standing, from left) UNAHCO Pet Lines Brand Man Anna Katrina C. Mejillano, and UNAHCO AVP for Special Projects Mr. Joven D. Cortez.
Collateral-free loan available for SMEs PHILEXPORT: SME-friendly reforms to boost exports Small and medium enterprises (SME) exporters located in Metro Manila needing financing to expand their businesses can now avail of collateral-free loan. The Philippine Exporters Confederation Inc. (PHILEXPORT) recently signed a memorandum of agreement (MOA) with First Circle Growth Finance Inc. that would allow the finance company to provide short-term financing to P H I L E X P O RT a n d i t s members. The finance firm offers
business growth finance from Php100,000 to Php500,000 bearing an interest rate of 3 percent per month. The loan term length is up to three months. It also provides accounts receivable financing. Sergio R. Ortiz-Luis Jr., PHILEXPORT president, welcomes this partnership to help facilitate financing options for its members who may avail of special privileges. T h e M OA s h a l l b e effective for an initial term of two years, from July 2016 to June 2018.
Trade Secretary Ramon Lopez said the partnership plays an important role in providing collateral-free financing scheme for the SMEs. “(This is) something that will really make a big difference to help the micro, small and medium enterprises grow,” said Lopez, former Executive Director of Go Negosyo. First Circle is also an of f ici a l p ar t ne r of G o Negosyo and is pushed to make co-branded loans with them.
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Exporters are optimistic the new administration’s adoption of more micro, small and medium enterprises (MSMEs)-friendly reforms can enable the sector post mo dest growth despite sluggish global economy. Philippine Exporters Confederation Inc. (PHILEXPORT) President Sergio R. Ortiz-Luis Jr. hoped that some pronouncements of President Rodrigo Duterte, particularly on streamlining business procedures and promoting transparency, can boost the growth of the export sector. “A l r e a d y , c e r t a i n
pronouncements are again making exporters bullish despite challenging global d e v e l o p m e nt s s u c h a s the Brexit or British exit from Europe and the still recovering economies of the United States (US) and China,” he said during the group’s general membership meeting. Ortiz-Luis said the bearish economies of the US and China have adversely affected the country’s exports. As to the impact of Brexit, he expects some short-term trade diversion as Britain gets isolated from the European Union (EU) trade agreements
the Philippines has signed. “But we anticipate the medium to long-term benefits as we pursue bilateral trade agreement with Britain that may cover the same grounds we may have lost from this development,” he added. Ortiz-Luis further said it is thus imperative for the new administration to start on solid foundation which paved the way for the country, now considered Asia’s bright spot, to achieve the fiscal space. “That will allow the current government to maneuver the game-changing reforms it boost/PAGE 10
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Jollibee to expand in Europe next year
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OMEGROWN food giant Jollibee Foods C o r p. ( J F C ) i s looking to expand into new territories in Europe next year, as it embarks on an aggressive expansion both locally and internationally in a bid to increase sales from the overseas business over the next seven years. “There are some markets (abroad that there are) OFWs (overseas Filipino workers) so we are also looking into that. We are thinking of getting into Italy probably not this year. It can be next year,” JFC chairman and chief executive officer Tony Tan Caktiong told reporters after the company’s stockholder’s meeting on Friday.
overseas in seven years. JFC chief finance officer Ysmael B ays a s aid t he current revenue mix is at 80-20 percent in favour of Philippine operations. “It will change so far a little because the Philippines is growing so fast and so foreign countries are also growing so fast. That is why, the ratios are hardly change,” he said. The company is more than doubling its capital spending to Php10.4 billion in 2016 from Php4.7 billion last year. Bulk or Php7 billion has been earmarked for new stores and renovation. JFC Chief Executive Officer Ernesto Tanmantiong said 70 percent of 200 new
stores planned for this year will be located mostly in the Visayas and in the provinces. “As we grow to provinces, we started opening more stores and we think the opportunity is still big, there is less competition. It is more of the growth opportunity; we have not yet saturated the market so the growth potential is still very huge in the provinces,” he added. JFC operates the largest food ser vice network in the Philippines, with 2,493 outlets under the Jollibee, C h ow k i n g , C h ow k i n g , Greenwich, Red Ribbon, Mang Inasal and Burger King brands. It operates another 650 stores overseas. (PNA)
SteelAsia investing $600B in provincial expansion
7-Eleven targets major expansion in Mindanao
STEELASIA Manufacturing, Corp. is investing over half a billion dollars on expansion plans over the next four years as the company aims to reduce its dependence on imported plates and wire rods. C omp a ny P re s i d e nt Benjamin O. Yao said at a media briefing held in the Dusit Thani Manila Hotel that $600 million has been allocated for its expansion in different regions of the country. The bullish investment comes as the company tries to address the industry’s lagging behind the country’s neighbors, as well as the need to seek new areas of development. “It’s not only wire rods. It’s also going to downstream from the wire rods. Now it’s something imported 100%. It’s a question of how come nobody is doing it,” he said, referring to how there are no local suppliers for the steel product. The country’s leading
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CorporateWorld
Ta n C a k t i o n g s a i d Jap an and C an a d a are other potential markets for overseas expansion, apart from the company’s core markets --Philippines, China and United States. “The other new markets will still b e the OFWs markets. It will be the US, but there will be new cities, for example, we are going to Chicago this July. We are now going to enter Manhattan in New York and even in Florida,” he added. In 2016, Tan Caktiong said the company will open 80 to 100 stores overseas, and 200 stores in the Philippines. He targets a revenue mix of 50-50 percent in op er at i ons l o c a l ly and
steel manufacturer plans to invest in four new facilities: in Compostella, Cebu with an allocation of $100 million; Plaridel, Bulacan, $150 million; Candelaria, Quezon, $150 million; and Cagayan de Oro, Misamis Oriental, $200 million. Its mills in Cebu and Bulacan will produce additional capacity for reinforcement steel bars (rebar). SteelAsia reported that it produced 1.7 million tons of rebar in 2015, which corresponds to a 42% share of the Philippine rebar market. This year, the company expects to produce 2.1 million tons of rebar, which is a little over half of the market demand for 2016. It will nearly double that capacity to 4.1 million tons in 2018 with its ongoing expansion. R a f a e l C . H i d a l g o, SteelAsia’s vice-president for Corporate Development,
said that while the company has always been bullish, the planned expansions are in preparation for the wave of public private partnerships (PPP) promised under the present administration. “The expansion in Plaridel in Bulacan and Compostela in Cebu are meant to address these planned PPPs and also the backlog in housing. Also, it is addressing ’yung (the) ongoing constructions in the tourism and the BPO sector. Marami ding construction sa BPO (There is a lot of construction in the BPO sector).” The comp any’s unit in Quezon province will eventually supply wire rods that are now entirely imported from neighboring countries with the bulk sourced from China. Mr. Hidalgo said that wire rod production would also have an effect on the investing/PAGE 10
PHILIPPINE Seven Corp. (PSC) intends to open 185 more 7-Eleven convenience stores in Mindanao within two years, with the new administration’s focus on developing the countryside expected to support the planned expansion. The local licensee of the 7-Eleven chain has already opened 65 outlets in Mindanao since entering the territory in the latter part of last year, its President and Chief Executive Officer Victor C. Paterno told reporters during a briefing in Quezon City on Thursday. “We plan to end the year with a hundred, and I think a hundred stores in the next year and a half. I think Mindanao can probably take about 250 stores and then as incomes grow, it can take more and more, just like expansion/PAGE 10
RESORTS, HOTEL & RESTAURANTS DIRECTORIES
A PUBLIC SERVICE BY:
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Stargate Dream Vacation Resort 8515003 / 8509999
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RED PLANET 8800888/8801306
Chananthon Bed & Breakfast 8568189 / 3093095
Villa Paraiso Apartelle 3870419 Fax: 3870429
Country Village Hotel 8583004-06 Fax: 8583006
HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843
D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696
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Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852
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Mallberry Suites 8541999 / 7249999 Fax: 8544999
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Maxandrea Hotel 8572244/729943 Fax: 724090
Barkadahan Grill 8551234
Miami Inn 8581901 to 02 Fax: 725279/728486
La Tegola Cucina Italiana 8585959
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Race Entertainment presents a running belly dancing tutorial every Saturday at Fit Republic with accredited and reputed dance instructor Roxanne Legaspi. For inquiries, hit RACE Entertainment on Facebook. PHOTO BY MARK FRANCISCO
Philtown Hotel 726295 / 8564402 Fax: 723104 Pryce Plaza Hotel 8583131 Fax: 726687
Paras Beach Resort 8568563 Fax: 8568563
limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413
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CivicAction
Private sector organizations elect representatives to RDC CAGAYAN DE ORO CITY -- At least, 29 private sector organizations (PSOs) in Nor thern Mindanao elected their private sector representatives (PSRs) to the Regional Development Council (RDC) for the term 2016-2019 in a meeting convened by the National Economic and Development Authority Regional Office X (NEDA-X). Led by NEDA-X Director and RDC-X Vice-Chair, Leon M. Dacanay, Jr., the PSOs selected 10 representatives to the RDC and firmed-up the PSRs in the RDC sectoral committees. Elected PSRs co-chairs and vive-chairs were Arsenio L. Sebastian III (Philippine Institute of Certified Public Accountants, Cagayan de OroMisamis Oriental Chapter) and Lolita B. Cabanlet (Confederation of Philippine Exporters’ Foundation) for the Macro/Development
Police personnel visits barangay Alga in Catarman town on July 18, to hold a dialogue with the local officials regarding the implementation of “Oplan Tokhang” a campaign aimed at curbing and stopping illicit activities of drug pushers and users alike. (MPO Catarman)
Administration Committee; Engr. Modesto C. Babaylan (Philippine Institute of Civil Engineers, Inc) and Napoleon L. Nisperos, Jr. (Misamis Oriental-Cagayan de Oro City Federation of Farmers
Irrigators Association, Inc.) for the Infrastructure/Utilities Development Committee; and Jaime Rafael U. Paguio (Gonzalo and Carmen Abaya Memorial Foundation, Inc) and Maria Liza G. Corpuz
(Differently-Abled Women Network) for the Social Development Committee, respectively. Gadwin A. Handumon (Paglaum Multi-purpose Elect/PAGE 9
SK voters registration ongoing in CDO site C A G AYA N D E O R O CIT Y -- The Nat iona l Youth Commission (NYC) encourages all youth ages 15 – 30 to register at Commission on Elections (COMELEC) from 15-30 July 2016 to be able to vote in the coming Sangguniang Kabataan (SK) and Barangay elections on October this year. The official site for the COMELEC Registration shall be at the 2nd Floor, Lingkod Pinoy Center, Robinsons Mall, Limketkai Complex from 8:00 a.m. to 5:00 p.m. Only Registration of Voters, Reactivation and correction of Voters Record will be accommodated.
There will be no transfer of registration! Priority numbers will be distributed at Robinsons Mall Car Par, LKKS at 6:00 a.m. For SK ages 15-17 years old requirements are original and one (1) photo copy of Birth Certificate and ID; applicants must also be a resident of the barangay for at least six months prior to election day. For Regular ages 18 years old and above requirements are any government ID, employment ID, or proof of billing; applicants must also be a resident of the barangay for at least six months prior to Election Day.
The SK Reform Law is composed of the following provisions: Composition of E le c te d Posit ions - Chairperson, seven councilors, KK Appointed Positions: Secretary and Treasurer. Age qualification i n c l u d e K at i p u n a n n g Kabataan: 15-30 years old, Chairperson: 18 -24 years old, Councilors: 18 – 24 years old and Anti- Political Dynasty Clause anti-dynasty provision which provides that “He or she must not have any relative in elective public office within the second degree of consanguinity or affinity.” Other provisions in the
law are the creation of the Local Youth Development Councils such as Provincial, City and Municipal Youth Development Councils which is composed of representatives from youth and youth-serving organizations, crafting the Comprehensive Barangay Youth Development Plan in three years time with a provision on crafting the Annual Comprehensive Youth Investment Program, aligned with relevant Philippine plans/programs. Further, there will be mandator y training and training fund for an SK official, whether elected or sk/PAGE 9
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946 hired in ‘Trabaho Mo, Sagot ng PESO’ Manolo Fortich Job Fair MANOLO FORTICH, Bukidnon -- At least, 946 applicants were hired-on-thespot in “Trabaho Mo, Sagot ng Peso” Job Fair of the local government in collaboration with the Department of Labor and Employment and Public Employment Service Office at the New Gymnasium, Manolo Fortich town, Bukidnon. DOLE Bukidnon Head Raul L. Valmores said this DOLE program offers to graduate students employment privileges and apply to vacancies to various companies in just one venue. “Several agencies were invited to provide self-employed and training assistance,” he added. “From the 3,015 job applicants and with some 8,840 vacancies for both local and overseas, 946 applicants were Hired-On-The-Spot,” Valmores said. Nimrod T. Asok, 23 years old of Barangay Tankulan, this municipality, was one of the HOTS. A graduate of Bachelor of Science in Information Technology from Northern Bukidnon Community College, Asok was hired as a Trainee to be a Marketing Agent at ToyotaCagayan de Oro. “I am so overwhelmed to being accepted right away, being my first time to join a Job Fair activity. I feel so happy, that despite being a fresh graduate and no working experience yet, I was able to land job. I am grateful to this Job Fair. I can compete with others without going to the company for the application. The job itself came to us!” Asok said. T h e ap p l i c a nt s a n d employers were thankful for the conduct of the said Job Fair for it was just in time for the recent graduation of
universities. Va l m o r e s f u r t h e r reported that there were some 18 companies/agencies with vacancies for local employment:Toyota-CDO; PSA-10; Cebu Mitsumi Inc.; Philippine Call Center Inst.; Asianpro Cooperative; Rustan Supercenter Inc.; Alrose Group of Companies; Villa Oro Maintenance General Services Inc.; MIESCOR; Sanford Marketing Corp.; Philippine Pork Corp.; Sta. Clara International Corp.; Rural Transit (Mindanao) Inc.; Del Monte Philippines Inc.; Asian Hybrid Seed Technologies Inc.; Lapanday Diversified Products Corp.; REBISCO; Kianen Trading; and MISC Corp. At the same time, some 14 recruitment agencies for overseas employment also participated in the job fair:YHMD Int’l. Manpower S er vices Inc.; Al Assal Manpower Inc.; Placewell Int e r n at i o n a l S e r v i c e s Corp.; United Placement Philippines Inc.; Joseline Internationale Manpower Corp.; Safe Future Manpower Services; LGH International Services; Pisces International Placement; FVS Overseas Placement Inc.; MMMML Recruitment Services Inc.; Bright Star Placement Corp.; StarWorld Int’l.Manpower Placement Agency; Light & Hope Overseas Placement Agency; and Jamal Human Resource Internationale. Meanwhile, Valmores tells to the applicants, “In hunting job vacancies, one must be prepared beforehand, from resume to the way you groom yourselves. The best you could have is your selfconfidence.” For his part, DOLE-X Regional Director Raymundo hired/PAGE 9
Volunteers Encourage Community-Driven Development through DSWD’s Kalahi-CIDSS
The empowered Community volunteers of Barangay Barra together with Ms. Merly C. Molo, Municipal Social Welfare and Development Officer of Tudela, Misamis Occidental and Keene Barquin Area Coordinator of Kapit Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services - National Community Driven Development (Kalahi CIDSS-NCDDP), Tudela pose for posterity after the successful groundbreaking ceremony of community sub-project in their barangay. In Barra, the community sub-project is the Construction of a 70 Linear Meter Flood Control Structure along Purok 3with an NCDDP grant of Php 1,221,116.02. Local project cost counterpart from the community amounted to Php 29,540.00 (in kind). The Barangay Local Government Unit (BLGU) allotted Php 100,000.00 (cash). The community volunteers also received an in kind counterpart amounting to Php 5,843.98. Photo by Sohanida H. Tawano, DSWD KC-NCDDP Community Empowerment Facilitator
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monday|JUly 25, 2016
Hired... from page 8
G. Agravante said that Job Fair is open to all unemployed, skilled and unskilled workers, fresh college graduates, graduates of training i n s t itut i on s , d i s p l a c e d workers and employees seeking advancement. Meanwhile, at least 849 or 28 percent were hired on the spot in a Job Fair of the local government in collaboration with the Department of Labor and Employment and Public Employment Service Office held at the Bukidnon State University Covered Court, Malaybalay City. Four HOTS were employed in Eperformax C ontact Centers, a BPO company located in Cagayan de Oro City. Ronald Y. Cama, 20 years old and residing at Linabo, this city, was one of the said four HOTS of Eperformax Contact Center, said, “I was informed about the Job Fair as it was posted on the Facebook Page of the local government of Malaybalay City. A fresh graduate, Cama was happy upon landing the job as a virtual sssistant. “I am very thankful that to be given the chance to be hired on the spot and also grateful to the sponsors of this Job Fair. It felt so fulfilling that on my first time in joining Job Fairs, I have been one of the hired on the spot!” DOLE Bukidnon Head Raul L. Valmores said the Job fair was a one-day event that helped employee and employer to meet at a certain venue for actual application and possible job appointment. “Job Fair is an opportunity of the employee to show their best in applying their skills to the companies/ agencies. I encourage the applicants to gain patience in applying to the different companies/agencies,” said DOLE-X Regional Director Raymundo G. Agravante. Meanwhile, Valmores reported that the event was participated by some 33 participating agencies and companies with 4,533 vacancies for local and overseas employment. The following 20 companies/agencies for local employment participated: Asian Hy brid S eed Technologies Inc.;Asianpro Cooperative; Bethel Baptist Hospital Inc.; Cebu Mitsumi Inc.; Centro Supersales Inc.; CITI Hardware;Concentrix S er vices C orp.; D’asian Hills Bank Inc.; Del Monte Philippines Inc.; Eperformax Contact Centers;Gaisano Malaybalay; Kianen Trading; Lapanday Diversified Products Corp.; Nutrihani Marketing; Philippine Call Center Inst.; Philippine Pork Corp.; Rural Transit(Mindanao) Inc.; Savemore Market; St. Jude Thaddeus General Hospital; Villa Oro Maintenance General Services Inc.; and SUMIFRU. While the 12 Overseas Employment Agencies were Al Assal Manpower Inc.; FVS Overseas Placement Inc.; Gre at one Int’ l
Placement Agency Inc.; Jamal Human Resource Internationale; Joseline Internationale Manpower Corp.; Light & Hope Overseas Placement Agency; Pices International Placement; Place well International Services Corp.; Star World Int’l. Manpower Placement Agency; United Placement Philppines Inc.;YHMD Int’l. Manpower Services Inc.; and Mc Donalds Riyadh Int’l Catering. (Reyna L. Tagailo/ DOLE-X Bukidnon PFO/ Reyna L. Tagailo/DOLE-X Bukidnon PFO)
SK...
from page 8
appointed, or any member of the LYDC must undergo the mandator y training programs before he or she can assume office through NYC, in coordination with DILG and Local Youth Development Officer - appointed by the Local Chief Executive who will serve as support to the Local Youth Development Council. Filing of Certificate of Candidacy for the SK is set from 3 to 5 October 2016. (NYC)
Elect... from page 8
Cooperative) was elected as co-chair for the for the Economic Development C o m m i t t e e w i t h D r. Rosalina S. Huerbana (Safer River, Lifesaver Foundation, Inc) and Dr. Emma A. Nieva (MSU-IIT National Multipurpose Cooperative) as co-chairs while Nicandro L. Borja (Associated Labor U n i o n s - Tr a d e U n i o n Congress of the Philippines) was selected as the Labor Sector Representative. E n g r. B a b ay l a n ; Ruben A. Vegafria (Oro Chamber); and Kasherette A. Amandac (Philippine Mental Health Association)
The Science behind Booming Cakeboom: Bukidnon’s Best Delicacy Producer CAGAYAN DE ORO CITY – The province of Bukidnon is considered to be the food basket of Mindanao. It is the major producer of rice, corn, bananas, sugarcane and pineapple. Almost all large corporate firms operating in the province are into production or processing of these agricultural products. Richard and Golda Lim of Malaybalay City were employees of the one of the famous firm operating in the province. They left to start a business of their own. They started as sidewalk vendors of Filipino delicacies and cakes and distributed their products to some food outlets. They got a big break when they won the Malaybalay City Best Delicacy contest in 2008 for their Piñasitas, a pastry with pineapple
filling. The product won again in the province wide contest of Bukidnon Best Delicacy in 2008. Piñasitas gained attention not only in the region but in other parts of the Philippines as well through local and regional fairs. It is even made as pasalubong by Filipinos going abroad. As their company Cakeboom and Party Flavors grew, the owner’s objective shifted from simple livelihood to helping its workers sustain their source of income and employment. In 2009, Cakeboom developed a new line of healthy pasalubong products that would meet consumer demand for healthy and nutritious foods. Piñakasi was named from Piña as Visayan term for pineapple and kasi is an acronym
for KalamunggaySquash. With growing recognition consumer demand for Piñasitas and Piñakasi was continually increasing but the company could only provide a limited volume to some of its customers. To maintain the quality of its products and cope up with the increasing demand, the couple sought DOST’s intervention in 2012 through the upgrading of their production equipment such as cooker mixers and continuous band sealer for packaging. Food safety handling protocol training was also undertaken as intervention for the firm’s staff and employees side from the owner. Before SETUP assistance, Cakeboom operated by manual processing using mostly non-food grade equipment.
were also elected to the RD C’s Regional Project Monitor ing C ommitte e (RPMC-X). The RDC is the highest planning and policy-making body in the region that serves as a vehicle for a stronger public and private sector collaboration. Executive Order 325 embodied the composition of PSRs in the
fully constituted council to comprise one-fourth of the RDC members to include a representative of the Labor Sector. RDC-PSRs shall serve a period of three years without prejudice to reappointment. The five provinces of the region are allotted one PSR each to ensure geographical representation.
T h e R D C - P SR s w i l l be confirmed officially as members of the RDC-X Full Council during the reorganizational meeting on 25 August 2016. They shall also elect the private sector nominees for RDC Chair or Co-Chair during the said meeting. (Peleta B. Abejo, NEDA-X/APB/ PIA-10)
SETUP’s Science and Technology interventions now allow Cakeboom to produce quality, competitive, affordable and healthy “pineapplebased pasalubong” food products. It has increased sales by 85%, from P8.2 Million to P15.3 Million and increased productivity by 52%, from 154,278 boxes to 234,616 boxes. “We are very thankful to the assistance shared by DOST through the Provincial S&T Center (PSTC) in Bukidnon. We become very efficient in producing quality products highlighting our very own product which is pineapple,” said Golda Mae Lim, owner and manager of Cakeboom. At present, Cakeboom is now establishing a name to bring pride for Bukidnon in the food processing industry. It has expanded its outlets in Malaybalay City from one to three outlets. (Ritchie Mae L. Guno/DOST) EXTRAJUDICIAL SETTLEMENT OF ESTATE NOTICE is hereby given that the intestate estate of the Late PRUDENCIO B. YANA who died on May 20,1985 & EPITACIA O. YANA who died May 26, 2003. That at the time of PRUDENCIO B. YANA left the following real properties: - Nazareth, Cagayan de Oro City (TCT No. T-52209) situated in the Barrio of Macasandig containing an area of TWO HUNDRED THIRTY SIX (236) Sq. M. - San Vicente, Baungon, Bukidnon (OCT No. P-13241) containing an area of THIRTY EIGHT THOUSAND AND SEVEN (38,007) Sq.M. - Macanhan, Carmen, Cagayan de Oro City (Tax Dec No. F-075513) containing an area 300 Sq. M. And that the said deceased EPITACIA O. YANA prior to her death sold the property located in Macanhan, Carmen Cagayan de Oro City at the time of her death left only her conjugal shares in two out of three properties left by decedent PRUDENCIO B. YANA described in the above statement and in addition a real property located in IGPIT, OPOL, MISAMIS ORIENTAL which she acquired after the death of his husband described as follows: TCT No. T-25468 situated in the Barrio of Igpit, Municipality of Opol containing an area of FIVE THOUSAND (5,000) Sq. M more or less, is the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE Under Notary Public of Atty. Mario T. Juni per Doc.No. 382; Page No. 77; Book No. 194; Series of 2016 of the Notarial BWM: July 11, 18 & 25, 2016
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Forum... from page 2
Food Innovation Center at Mindanao University of Science and Technology, Lapasan, Cagayan de Oro City. Equipped with modern and relevant food processing and packaging equipment, micro food entrepreneurs are now able to do product re s e arch , tol l p ack i ng , packaging design and printing in the said facility. Of course the center is also armed with a team of experts in the field of food science to provide consultation and advice to micro food entrepreneurs. The forum will discuss topics such as food and lifestyle trends, modern food processing technologies and food packaging and labelling design trends. After the discussion, participants are encouraged to participate in a one-on-one consultation with food technologist, nutritionist and label designers to help them come-up with a better product. After the forum, the participants are expected to have a good idea of how to make their products better. (Loraine Brillantes/DTIMOR)
Hurst... from page 4
life and marriage. Then ask Him to start changing you into a new person who learns to love your mate the way God wants you to. It’s only then that your marriage can start becoming the happy, satisfying one you want for the rest of your life. Just Think a Minute…
Globe... from page 6
with regard to internet speed and costs. Generally, industry investments were used to modernize and improve mobile networks to make mobile internet more pervasive in a shorter period of time. The increasing adoption of smartphones in the country is a testament that the industry strategy putting money in mobile business is sound. However, the new trends on video streaming and digital entertainment is putting pressure on home connectivity where the country is deeply challenged. Globe is now refocusing its efforts to upgrade its fixed broadband internet backbone nationwide. Addressing the need to enhance fixed broadband is part of the company’s commitment to enhance network coverage for a wider reach and faster data experience for Filipinos nationwide. Earlier this year, the company announced its plan to create an internet super highway by deploying fiber optics in 20,000 barangays all over the country by 2020 to provide ultra-fast internet access to about 2 million homes nationwide.
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which suffered 3.8-percent decline in May to $4.71 billion mainly due to sluggish global economy and effects of the El Nino. “Against these backdrops, the new Department heads are all fired up restructuring and setting the pace towards a more efficient system that hopes to create positive ripple effects to the economy, especially the poorest in society,” he added.
Investing... from page 7
manufacturing industry, citing its different applications such as in spring manufacturing and wire mesh making. “This is the first time that this is going to happen. This is something that would help the Philippines industrialize because the difficulty in the Philippine industries is they have to import all their input materials,” he said, adding how logistical costs would be reduced if there were a local supplier. He said that the facility is expected to produce 600,000 tons of wire rod per year -which is close to the 700,000 to 800,000 tons of the material being imported annually. In Cagayan de Oro, SteelAsia’s facility will produce steel section materials and plates which are also currently imported and used for different purposes such as shipbuilding and truck assembly. The has six operational facilities spread across the country: two in Bulacan, and one each in Batangas, Cebu, Davao City, and Misamis Oriental. It is currently in talks with foreign companies planning to enter strategic partnerships in line with the planned expansions. Within the past decade, SteelAsia has been dispersing its operations outside of Metro Manila. Its mill in Davao is the country’s largest and most modern.
Expansion... from page 7
Metro Manila,” Mr. Paterno said. PSC entered Mindanao, through Davao and Cagayan de Oro (CDO), with an initial 32 stores last year. This allowed the company to finally establish a nationwide presence. “Each of the islands requires a warehouse and once you open a warehouse, you are forced to open a lot of stores. It’s a big bet and I think the bet now is paying off and we welcome the initiative of the new administration to grow the regions outside Metro Manila especially since we have stores there,” Mr. Paterno said.
To date, the listed company has 1,760 stores across the Philippines, mostly within the National Capital Region. “We’re opening about a store a day -- a little over a store a day -- this year. Last year was almost a store a day, 337, most of them 330 were in Luzon, 76 stores in the Visayas and entered Mindanao for the first time through Davao and CDO,” Mr. Paterno said. PSC is looking to expand its store network to 2,000 by the yearend. The company intends to add 250 stores during the second half in addition to the 148 stores launched from January to June. “We want to increase the number of franchisees -- well, we are determined to grow the stores regardless if we find franchisees [or] not,” Mr. Paterno said, noting the company targets to operate 90% of the outlets under a franchising arrangement. LOWER FRANCHISE PACKAGE As part of a strategy to increase its franchise business, PSC will pilot a program requiring an investment lower than the usual P3.5 million. Mr. Paterno said the company will still have to finalize the package that will require an investment of “well under P1 million.” “The idea is to be able to widen the pool of applicants. In the Philippines, the people with money don’t really want to work, the people willing to work don’t always have the money, so we have the money... We can attract people who are really willing to operate a store,” Mr. Paterno noted. PSC has allocated P3.5 billion for capital expenditures this year to support its “accelerated” store expansion strategy, higher than the P3 billion invested in 2015. The company netted P472.3 million during the first six months of the year, a 32.5% increase from the P356.5 million recorded a year earlier. It earned P290 million during the second quarter alone, following a 31.6% rise in system-wide sales to P8.11 billion. “We are [32%] up versus last year, so if the trend continues we can reach P1.3 billion, probably less,” Mr. Paterno said, while noting the company does not give profit guidance as a policy. PSC exhibited a record p e r for manc e l ast ye ar, registering a P1.01-billion profit or 15% more than the P873.3 million recorded in 2014. Revenues rose by about 30.9% to P22.4 billion.
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Regional BRANCH 21 Cagayan de Oro City PETITION FOR RECOGNITION OF FOREIGN DECREE OF DIVORCE AND/OR DECLARATORY RELIEF MARICEL T. BATAS, Petitioner, -versusJINSEONG AN & LOCAL CIVIL REGISTRAR OF QUEZON CITY, Respondents. x----------------------------------------------------------/ ORDER [WITH SUMMONS BY PUBLICATION] Notice is hereby given that filed before this court is a verified Amended Petition for recognition of foreign divorce and/or declaratory relief filed by petitioner Maricel T. Batas stating as follows: ‘’xxx 1.That petitioner, MARICEL T. BATAS, is a Filipino Citizen, of legal age, married and presently residing at MB Ramonal St., Nazareth, Cagayan de Oro City, where she may be served summons and other court processes, while respondent Office of the Civil Registrar of Quezon City is a public office, whose duty among others is to take custody of all the records and registration pertaining to the status of the person in its locality and may be served with summons notices orders and other processes of the Honorable Court at the City Hall of Quezon City. 2. That co-respondent, JINSEONG AN, is likewise of legal age, Korean Citizen and a resident of 6 Dokjeongan-gil 72beon-gil #402 Nam-gu, Incheon Metropolitan City, where he may served with summons and other court processes; 3. That petitioner is legally wedded wife of respondent, their marriage having been performed and solemnized on July 18, 2008, at Diliman, Quezon City, photocopy of the Marriage Certificate is hereto attached as Annex “A”; 4. That after their marriage, both parties went to Kor and settled as husband and wife; 5. That after 4 years and 10 months of their union, due to irreconcilable differences, the parties parted their ways and upon the initiative of the husband, filed an Application for Divorcement by Consent; 6. That on May 24, 2013, Incheon District Court, Republic of Korea issued a Confirmation of the foregoing Application for Divorcement by Consent, The copy of the Confirmation is here to Attached and marked as Annex “B”, “B-1”, “B-2” and “B-3” 7. That the forgoing Confirmation of Application of Divorcement by Consent were duly authenticated and accepted as th original documents by the Philippine Consulate General’s Office, copy of the Certificate of Authentication, dated April 2, 2014 duly signed by the Hon. Consul Roderico C. Atienza is here to attached as Annex “C”; 8. That in pursuance to the tacit recognition of the Family Code with regard to the foreign divorce as contained in Article 26 and to the decisions of the Supreme Court, petitioner seeks before the Court judicial recognition of her foreign divorce in order for her to remarry and to revert back the use of her surname or family name while she was still single; WHEREFORE, it is respectfully prayed that judgment be issued: 1. Ordering the recognition of foreign decree of divorce between the petitioner and the respondent with all the legal effects attaching to said order particularly to revert back the use of petitioner’s surname or family name while she was still single; and
2. Ordering the Local Civil Registrar of Quezon City to change the same.
OTHER RELIEFS in low and equity are likewise prayed for.
xxx” Finding the amended petition to be sufficient in form and substance, let this case be heard on AUGUST 3, 2016 [Wednesday] at 8:30 in the morning at the PLEB Session Hall, City Hall, Cagayan de Oro City. At the expense of the petitioner, let a copy of this Order, which also served as the Summons by Publication to the respondent, Jinseong An, a Korean National, be published at least once a week for three [3] consecutive weeks in a newspaper of general circulation in the Philippines. Let also a copy of this Order be posted at the Bulletin Board of the City Hall of Quezon City, at the Bulletin Board of the Philippine Statistics Authority [formerly the National Statistics Authority] Regional Office in Cagayan de Oro City. It is further ordered that Petitioner, at its own expense shall furnish copies of this order at the Petition together with its annexes to the Office of the Solicitor General, to the Philippine Statistics Authority [formerly the National Statistics Office], the Department of Foreign Affairs – Regional Office 10, Cagayan de Oro City, and to the Local Civil Registrar of Quezon City, Metro Manila. The Philippine Statistics Authority [formerly the National Statistics Office], the Department of Foreign Affairs – Regional Office 10, Cagayan de Oro City, the Local Civil Registrar of Quezon City, Metro Manila, and the private respondent or any person having or claiming any interest on the relief sought is hereby directed to file their written oppositions and appear on the said date of hearing are hereby required, within fifteen [15] days after the last publication of this Order to file with this Court and serve on the petitioner their Answer to the above-quoted petition, together with the Annexes. The petitioner shall at the hearing submit proof of publication and of the service of the copies of the Order and the Petition as directed by the Court.
SO ORDERED.
Boost...
Done this 4th day of July 2016 in Cagayan de Oro City.
plans to implement,” he said. The export group chief noted the country’s exports dropped for the 14th month
from page 6
SPECIAL PROC. CASE SP-ORD 2016-064
BWM: July 11, 18 & 25, 2016
(Sgd.) GIL G. BOLLOZOS Presiding Judge
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Sales... from page 1
and could be compounded by occasional strike of typhoons. The investment for the facility, according to the Department of Energy (DOE) stands at US$80 million – including the 10 additional horizontal tanks and three vertical tanks storing gasoline, diesel, coco methyl ester (CME) and ethanol. On market performance, Chua emphasized that “at the very minimum, this will enable us to grow with the market.” The NMIF is considered t h e bi g g e s t p e t ro l e u m handling facility in Mindanao as it is the only one at present that could handle product deliveries from medium range (MR) vessels at 300,000 barrels capacity. Chua said there are other terminals in Mindanao, but they are not of the same capacity and size compared to the NMIF. Energy Undersecretary Donato Marcos highlighted d u r i n g t h e f a c i l i t y ’s inauguration that the new import facility is part of the investment-response to underpin Mindanao’s growing economy. “The investment will not only augment Mindanao’s energ y supply, but also provide more employment and livelihood opportunities for the people,” he stressed. He added that with this bigger terminal, “there is ample space for receiving medium-range vessels within the PPA’s (Philippine Port Authority) premises with the availability of new cargo lines ensuring safe and efficient receiving and loading operations.”
Price...
in crude stocks of the United States, which is among the world’s largest producers, but saw an increase in gasoline stocks. In Asia, heavy rains triggered “muted requirements” for fuel in India and China, while Indonesia also saw weaker demand in gasoline following the overall global trend. China, on the other hand, also saw a lower consumption of diesel in its mining, construction and manufacturing sectors. It lowers the demand and the prices. Last Tuesday, oil firms decreased gasoline prices by 55 centavos per liter, diesel prices by 75 centavos per liter and kerosene prices by 75 centavos per liter. (PNA)
Sabotage...
from page 1 branch tied with rope at the NGCP’s in the village of Adapun Ali, in Baloi, Lanao Del Norte last Wednesday. The incident resulted in the power trip-off of the Baloi-Agus 2, 138 Kilo Volt transmission Line 1 that provides 82 megawatts of power to the Mindanao grid, Ladaga said. She said that efforts to immediately clear the line of the obstruction was delayed as the landowner, Abner Sulog, initially refused NGCP entry to the transmission line corridor. Two weeks ago, the BaloiAgus 2 line was similarly sabotaged when unknown persons erected a bamboo pole within the NGCP’s rightof-way corridor that also resulted in the tripping of the power transmission Line 2, Ladaga said. NGCP’s Baloi-Agus 2 138kV Line connects Agus
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“domestic prices may fall and further supported by a stronger peso.” It also noted a reduction EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND
1 and 2 hydro power plants to the Balo-i Substation, which serves as the hub of power from the Agus Hydro Complex in North Mindanao. Ladaga said that the Agus Hydro Complex supplies grid users all over the island, including the largest consumers of power, southern urban centers Davao City and General Santos City. Another line, the Agus 2-Kibawe 138kV line, which delivers power from Agus 1 and 2 hydro facilities to the rest of the Mindanao grid, remains dead since May 3, 2016, after unidentified perpetrators bombed one of its towers. The NGCP could not repair the bombed tower b ecaus e of an ongoing case against the Sambitory family, the land claimants, who refused NGCP’s line personnel entr y to the property to repair Tower 25. Ladaga said that the company has petitioned for a Temporary Restraining Order against the family, with the hearing set on August 10, 2016. She said that the NGCP has appealed to the national and local governments, community leaders, and the general public secure the NGCP’s transmission rightof-way so that maintenance and continuous power supply in the Mindanao grid remains unhampered. (PNA)
Envoy...
clearly the country’s position before he would begin the negotiation with the Chinese government. “Do not jump the gun. There should be (meeting) with the National Security Council first, so that the Philippines’ position can be defined by a group of leaders led by the President himself. In my case, I am not an upto-date leader anymore but I’m a country leader,” he said. The Hague-based Per manent C our t of Arbitration on July 12 ruled, among others, that China’s nine-dash line claim and accompanying claims to historic rights have no validity under international law. In a st ate me nt , t he Tribunal said that “having found that certain areas are within the exclusive economic zone of the Philippines… China had violated the Philippines’ sovereign rights in its exclusive economic zone by (a) interfering with Philippine fishing and petroleum exploration, (b) constructing artificial islands and (c) failing to prevent Chinese fishermen from fishing in the zone.” The Chinese government refused to honor the ruling. National Security Council The NSC is the principal advisory body on the proper coordination and integration
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of a United Nations tribunal favoring the Philippines. He said he accepted the offer after he was given a medical clearance and his wife allowed him to take on the mission. “I have three ailments or disabilities. First of all, CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City
DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL SUR 12th Judicial region Branch 8 – Marawi City IN THE MATTER FOR CORRECTION OF ENTRY IN THE CERTIFICATE OF SPL. PROC. NO. 2384-16 LIVE BIRTH OF SAMERA RAMOS AMPATUA IN THE RECORDS OF THE LOCAL CIVIL REGISTRAR OF MARAWI CITY.
Known by all men by these presents this EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and entered in the City of Cagayan de Oro, Philippines, by and between: HEIRS OF LATE NIDA MAGDOSA CASTAÑARES, represented by her legal husband, FELIPE ADORSA CASTAÑARES, and their legitimate children, namely: NIDAFE CASTAÑARES, ABIGAEL MAGDOSA CASTAÑARES, and AARON PAUL MAGDOSA CASTAÑARES, all of legal age, Filipino Citizen, with residence and postal address at Zone 3, Igpit, Opol, Misamis Oriental; That the said deceased, at the time of her death, left a Parcel of land situated in Igpit, Opol, Misamis Oriental and more particularly described as LOT 36903-F-1, Psd-10-052947, containing an area of ONE HUNDRED (100) SQUARE METERS, more or less declared in the heirs of LATE NIDA MAGDOSA CASTAÑARES is the subject “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND” Under Notary Public of EMELITO J. MARQUIÑO per Doc No. 438; Page No. 87; Book No. XII; Series of 2016.
SAMERA RAMOS AMPATUA, Petitioner, - versus LOCAL CIVIL REGISTRAR OF MARAWI CITY, Respondent. x-------------------------------------------------------------/
BWM: July 11, 18 & 25, 2016
BWM: July 25, Aug. 1 & 8, 2016
ORDER Petitioner SAMERA RAMOS AMPATUA filed the verified petition for correction of entry in her Certificate of Live Birth filed with the Civil Registrar of Marawi City, which contained an erroneous entry with respect to gender where a mark “X” is filled corresponding to MALE entry instead of FEMALE which is supposed to be her true gender, which fact was only discovered when the petitioner secured a copy of her Certificate of Live Birth from National Statistics Office, Iligan City. Finding the petition sufficient in form and substance, set the hearing on August 10, 2016 at 8:30 in the morning and anybody interested in the petition should show cause, if any why the petition should not be granted. Petitioner must publish this Order in a newspaper of general circulation in Lanao del Sur once a week for three (3) consecutive weeks. Furnish copies hereof unto the petitioner, counsel, respondents, and the Office of the Solicitor General.
SO ORDERED.
Marawi City, this 27th day of June, 2016.
I only have one kidney in the last 63 years; number 2, I have a serious carotid op e r at i on h e re, w h i ch controls the blood flow to the brain; thirdly, I have new pacemaker. Okay lahat (Everything’s okay) with no exception. Kaya masaya kami mag-asawa (My wife and I are happy). She also gave me clearance and of course when I reported this to the President, he was also happy,” he said. Ramos, a retired general and former Defense Secretary who was elected President for a six-year term (1992 to 1998), arrived in Davao City Saturday morning with National Security Adviser Hermogenes Esperon. He said he requested for a courtesy call and Duterte was “so gracious to give it to me for two hours this afternoon here in Davao City.” Ramos also met with Presidential Adviser on Peace Process Jesus Dureza, Presidential Communications and Operations Office Secretary M a r t i n A n d a n a r, a n d presidential spokesperson Ernesto Abella. He arrived at the Marco Polo around 12 noon with Paul Dominguez, who was his Presidential Adviser for Mindanao during his term. He said that the National Security Council (NSC) must convene first to set
(Sgd.) WENIDA B. M. PARANDAYAN Acting Presiding Judge
CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947
DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631
CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491
LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739
CORRALES BRANCH Corrales Ave., Cagayan de Oro City
CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011
of plans and policies affecting national security. It consists of the Council Proper headed by the President and the NSC Secretariat headed by the National Security Adviser. The Council Proper is a collegial body whose members include former Presidents, some representatives from the Cabinet and Congress “as well other government officials and private citizens who may be invited by the President,” the NSC website said. The country has four living former Presidents: Ramos, Joseph Estrada, Gloria Macapagal-Arroyo and Benigno Simeon Aquino III. “All important issues confronting the nation will be discussed and President Duterte will listen to the inputs and suggestions and recommendations of the former presidents and the leaders,” Dureza said. The Peace adviser said policy direction of the country on the West Philippine Sea must be set, so that Ramos, as special envoy, would be able to articulate effectively the stand of the country. “We cannot discuss it publicly. Former President Ramos sought guidance from Duterte on the policy positions. This will be worked out, crafted, and presented to him before he would start the actual mission to represent the country in this engagement with China,” Dureza said. EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF THE DECEASED RICARDO B SALUNTAO WITH DEED OF ABSOLUTE SALE
(Sgd.) ATTY. MARECLINO D. NATIVIDAD. JR. Clerk of Court-VI
KNOWN BY ALL MEN THESE PRESENTS this EXTRAJUDICIAL SETTLEMENT made and executed by and among the HEIRS OF RICARDO B. SALUNTAO, namely: 1. LOURDES P. SALUNTAO, of legal age, Filipino, widow, a resident of Igpit, Opol, Misamis , and the surviving wife of the deceased; 2. VINCENT P. SALUNTAO, of legal age, Filipino, single, a resident of Igpit, Opol, Misamis Oriental, and the surviving son of the deceased; That the above-named parties, all of legal age, are the legitimate wife and son and the sole/compulsory/surviving heirs of the deceased RICARDO B. SALUNTAO who died on April 24, 2006 in Cagayan de Oro City; That the deceased, RICARDO B. SALUNTAO, at the time of his death, is the owner of two (2) parcels of land and which are more particularly, Lot 5307-A-2B-1-E, Psd-10-034373, located in the Barrio of Igpit, Min. of Opol, Prov. of Misamis Oriental, Island of Mindanao, containing an area of THREE HUNDRED NINETY ONE (391) square meters or less, AND Lot 5307-A-2-B1-F, Psd 10-024656, located in the Barrio of Igpit, Min. of Opol, Prov. of Misamis Oriental, Island of Mindanao, containing an area of FOUR HUNDRED FIFTY (450) square meters, more or less declared in the HEIRS OF RICARDO B. SALUNTAO is the subject “EXTRA-JUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE”. Under Notary Public of ATTY. MARIO T. JUNI. Per Doc No. 422; Page No. 85; Book No. 194; Series of 2016.
BWM: July 18, 25 & Aug. 1, 2016
BWM: July 25, Aug. 1 & 8, 2016
Republic of the Philippines Regional Trial Court 10th Judicial Region Branch 16, Tangub City IN THE MATTER OF THE PETITION FOR CORRECTION OF ENTRY IN THE BIRTH SPECIAL PROCEEDING CASE RECORDS OF REGINE MAE G. REGIDOR TC-2016-044 June 15, 2004 TO June 15, 1998. THE LOCAL CIVIL REGISTRAR REGINE MAE G. REGIDOR, -versus- OF TANGUB CITY, MIS. OCC. Petitioner, Respondent,
/----------------------------------------------------------------/ NOTICE OF HEARING
WHEREAS, after alleging certain facts in a verified petition filed on June 29, 2016, petitioner prayed that after notice, publication and hearing, an order be issued directing the Local Civil Registrar of Tangub City, Mis. Occ., to make the following correction in her record of birth, to wit: Year of birth from “2004” to “1998”. WHEREFORE, finding the petition in due form and substance, the hearing of the same is hereby set on August 16, 2016 at 8:30 o’clock in the morning, at the Session Hall of this Honorable Court, at which date, time, and place, any concerned and interested person may appear and show case, if any, why said petition shall not be granted. The sheriff of this Honorable Court is hereby ordered to post copies of this Notice in three (3) conspicuous places, preferably in the Bulletin Board of this Court, the City Hall of Tangub City, and the Barangay Hall of Calaparan, Tangub City, Mis. Occ. Moreover, let a copy of this petition and notice be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Misamis Occidental, all at the expense of the petitioner, for the information and guidance of all concerned. Also, let a copy of this petition and notice be furnished the petitioner, the Office of the Solicitor General, and the Local Civil Registrar of Tangub City. Any person having or claiming any interest under the entry whose correction is sought may, within fifteen (15) days from notice of this petition, or from the last date of publication of such notice, file his opposition thereto. WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON, Presiding/Executive Judge, this 12th day of July 2016.
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