BusinessWeek Mindanao (March 12-13, 2014)

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

Volume IV, No. 75

Market Indicators

As of 6:01 pm mar. 11, 2014 (Tuesday)

FOREX

PHISIX

US$1 = P44.47

6,529.58 points

8 cents

X X Briefly 42.35 points

Banana players COMPOSTELA Valley -Department of Agriculture (DA) Secretary Proceso J. Alcala had a consultative dialogue with the banana industry stakeholders in Compostela Valley and Davao del Norte last March 6 held at the social hall of the Davao del Norte provincial capitol in Tagum City. He was warmly welcomed by the provincial and local officials lead by Compostela Valley Governor Arturo T. Uy. The dialogue was attended by almost 200 banana cooperatives and associations, farmer-leaders, and local government unit representatives. Issues and concerns regarding the banana industry were presented by the stakeholders to Secretary Alcala including how to control the banana threatening diseases such as Bunchy Top, Sigatoka, and Fusarium, repair of roads and irrigation systems, solutions to pole vaulting, marketing, provision of trainings, others. ---

Maguindanao drought COTABATO City -- Farmers in Maguindanao have been suffering the brunt of a dry spell, complaining their farm lands are getting drier every day. Maguindanao, one of the five provinces of the Autonomous Region in Muslim Mindanao (ARMM), has not experienced rainfall the past three weeks with the sunlight giving excruciating heat. Mosa Saligan, a farmer in Datu Odin Sinsuat, Maguindanao, said they could not replant rice since the rice fields remained dry since last month. In fact, the Liguasan marshland was almost dry with the river bed exposed due to lack of water.

www.businessweekmindanao.com

12:30 PM - 1:00 PM

FREE TV CH. 21 SkyCable Ch. 16 | Global Destiny Ch. 28 Cablelink Ch. 14 | Cignal Ch. 10

Wed-Thu|March 12-13, 2014

Brownouts this summer expected P

By MYRNA VELASCO, Contributor

OWER interruptions in Mindanao will worsen during the summer months, with Energy Secretary Carlos Jericho L. Petilla hinting that prospective lower water elevation at Lanao Lake may add one hour to brownouts being experienced by end-users in the grid.

House panel to DOE:

Stop electricity spot trading in Mindanao

With the 210-megawatt Steag coal plant still on repair in the next three months, he said that this has been triggering rotating power interruptions of up to three hours in affected areas. At reduced water level for the Agus plants, Petilla noted that power supply could still go down by 50 megawatts. “It will get worse a little bit on the average…we have brownouts/PAGE 15

P15.00

YOGA. Doing a yoga pose while jumping at the Dalipuga Falls in Barangay Dalipuga, Iligan City. mindanews photo by bobby timonera

By FROILAN GALLARDO, MindaNews

THE House C ommittee on Energ y exp e c ts t he Department of Energy to carry out their resolution stopping the electricity spot market in Mindanao “as soon as possible,” Representative Ru f u s R o d r i g u e z ( 2 n d district, Cagayan de Oro) said Saturday. “ We e x p e c t E n e r g y Secretary Petilla to carry out our resolution immediately as soon as he receives a copy from us,” Rodriguez said. “It was very clear that all of those who attended the public hearing were against the Interim Mindanao Electricity Market,” he added.

He said Petilla met with several members of the energy committee before Thursday’s public hearing and told them he has no objection if the IMEM will be suspended. Petilla, who was invited to the public hearing, was not able to attend. The House Committee on Energ y chaired by Rep. Reynaldo Umali (2nd District, Oriental Mindoro) recommended the suspension of the Interim Mindanao Electricity Market (IMEM) after consumers and utility distributors voiced their objections to the power spot stop/PAGE 15

SUNSET. Silhouette of Vietnamese tourist Nguyen Ngoc Tu enjoying the beautiful sunset and beach in Hanoyoy Island in General Luna, Siargao Island. The island’s white sand beach extends 27 kilometers. mindanews photo by roel catoto

N. Mindanao to get P50-M for rehabilitation of irrigation system By GRACE BEBER, Staff Writer

THE Northern Mindanao region will be among the

major agricultural areas in the country to avail of

the P584.7 million released by t h e D e p ar t m e nt of Budget and Management (DBM) to the Department of Agriculture-National Irrigation Administration (DA-NIA) for restoring and rehabilitating irrigation systems. In a press statement released yesterday, the DBM has allocated P50 million for Northern Mindanao, rehab/PAGE 15

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

BusinessWeek MINDANAO

2

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

Economy

NEDA pushes for more jobs in disaster-stricken areas MORE employment opportunities need to be encouraged in areas where victims of disasters tend to

migrate to look for work, according to the National Economic and Development Authority (NEDA).

This statement came after the Philippine Statistics Aut hor it y re l e a s e d t he results of the Labor Force Survey (LFS) for January 2014. The survey shows that total employment grew by 0.8 percent year-on-year, translating to 283,000 jobs generated, but slower than the labor force growth of 1.2 percent during the period. As a result, the unemployment rate went up to 7.5 percent in Januar y 2014, higher by 0.4 percentage point from the year-ago rate of 7.1 percent. However, the underemployment rate went down to 19.5 percent for the period, or approximately 7.1 million employed persons in January 2014. This is lower compared to 20.7 percent or about 7.5 million in January 2013. “The January result of the LFS is quite unique in that it comes as an aftermath of two extreme disasters in 2013. We are now observing the lingering ef fects of t he d is r upt ions c aus e d by these disasters on the supply chains not only in disaster-affected areas but also in neighboring areas. For example, construction materials diverted to

disaster areas caused supply problems in neighboring are as, including Luzon provinces,” said Economic Planning Secretary Arsenio M. Balisacan. The slower growth i n e mp l oy m e nt i n t h e s e r v i c e s s e c t o r, w h i c h accounts for the bulk of total employment, inched up only by 0.1 percent or 18,000 net employment generation in January 2014. “The devastation wrought by these disasters probably affected tourism and demand for leisure and wellness services,” said Balisacan. Unemployment rate was highest at 11.2 percent in the National Capital Region (NCR). “The doubledigit unemployment rate in NCR may b e due to the phenomenon of inmigration of individuals from rural areas and those from the disaster-stricken areas seeking opportunities f o r e mp l oy m e nt ,” s a i d Balisacan. Balisacan noted that the onset of disasters naturally drives away a great number of people who will, sooner or later, need to find work in a new place. “Given that firms are unable to make neda/PAGE 14

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

Hedcor all-set for Tudaya Hydro operation STA. CRUZ, Davao del Sur, Mar. 05 – After about 18 months of construction, the Tudaya 1 and 2 hydropower plants in Sta. Cruz, Davao del Sur are finally completed and have finished testing and commissioning. “We’re done with our testing and commissioning for the two newly constructed Tudaya Hydro Plants. We are only waiting for some important documents t o of f i c i a l l y s t ar t ou r commercial operation and deliver renewable power to our customers,” said Rene Ronquillo, Hedcor president and Chief Operations Officer. Team of experts from Hedcor, Department of Energy and third party entities converged to ensure that the plants are capable meeting the expected generation. Bits and parcel of the operation process starting from the moment the water enters the weir and exits the powerhouse are monitored to make sure that each facility functions smoothly. Tudaya Hydro 1 plant will operate at 6.6 MW, while Tudaya Hydro 2 will run with a total capacity of 7 MW. Together, the plants will produce clean and renewable energy at 13.6 MW with an annual generation of 76.5 million kWh. The projects are part of the expansion

of the 42.5 MW Sibulan Hydropower plant. Hedcor currently supplies a total of 47 MW to the Mindanao Grid from its seven run-of-river plants in Davao City and Davao del Sur. The Tudaya Hydros will escalate the capacity to 61 MW. The new plants will supply different distribution utilities, thus serving varied range of consumers. Tudaya Hydro 1 will direct its generated electricity to Davao Light and Power Company which serves about 264 barangays. Meanwhile, Hedcor is ironing its contract with Davao del Sur Electric Cooperative for Tudaya Hydro 2 plant generation. The plants started its construction late 2012 with the solid support from the community. During the construction, about 400 manpower were outsourced locally giving employment opportunities to both skilled and professional workers. The plants also attained two million safe man-hours without disabling accidents during its construction phase as validated by the Department of Labor and Employment Region IX. The indigenous people in the area, the BagoboTagabawa tribe, are given the highest reverence as the hedcor/PAGE 14

0917-7154399 088-856-8562/63

www.dahilayanforestpark.com

AMENITIES : ZORBIT * ATV * TREE TOP ADVENTURE BUGGY * BUNGEE * PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM ACCOMODATIONS

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

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

3

www.businessweekmindanao.com

thursday|march 13, 2014

BusinessWeek MINDANAO

4

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

CorporateWorld

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

Algen’s Dive Resort (088) 3872015

Philtown Hotel 726295 / 8564402 Fax: 723104

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497

Pryce Plaza Hotel 8583131 Fax: 726687

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278

Prawn House (088) 3095992 Fax: 8519219

Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480

Ridge View Chalet 8588946 / 8587946 Fax: 8588946 Seda Centrio Hotel 32288888 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999

Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941

The VIP Hotel 726080 / 8562505 Fax: 726441

Chananthon Bed & Breakfast 8568189 / 3093095

Uptown Condotel 8511800

Country Village Hotel 8583004-06 Fax: 8583006 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 Mapawa Natures Park 8584402 Fax: 725265 Mallberry Suites 8541999 / 7249999 Fax: 8544999 Maxandrea Hotel 8572244/729943 Fax: 724090 Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563

Tune Hotel 8800888/8801306 Travelers Pod 8518988

Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 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

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

Aboitiz unit, power co-op sign power supply accord THE Energy Regulatory Commission (ERC) has provisionally approved the power supply agreement (PSA) between SN Aboitiz PowerBenguet Inc. (SNAP-BI) and Cabanatuan Electric Corp. (CElCor), the utility that distributes electricity to Cabanatuan City in the province of Nueva Ecija. In a 13-page order, the ERC approved their application filed in November 2013, subject to several conditions. Conditions set in the deal include: the provisional rate to be implemented must be the proposed time-ofuse generation rate; the

final generation cost that can be recovered will be determined by the ERC in its final resolution; and in the event the rates provisionally approved are found to be higher than the final rates, the amount corresponding to the excess shall be refunded

by SNAP-BI to CElCor and the latter will pass it on to consumers by crediting the same in their electricity bills over a period to be determined by the commission. If the final rates are higher than the provisionally approved ones, the resulting additional charges will be collected by SNAP-BI from CElCor and the latter will pass it on to consumers. “An initial evaluation of the instant application disclosed that the PSA entered into by and between CElCor and SNAP-BI will redound

to the benefit of CElCor’s consumers in terms of continuous, reliable, efficient and affordable power supply.” The commission said it deemed it necessary to grant a provisional relief considering the expiration of the PSA between CElCor and Therma Luzon Inc. (TLI) in December last year. TLI is another subsidiary of Aboitiz Power Corp. “Without the provisional relief, CElCor will be forced to source its entire power requirements from the Wholesale Electricity Spot aboitiz/PAGE 14

Ranger pickup fuels 48 pct increase in Ford PH sales LOCAL sales of American carmaker Ford jumped by nearly half in February. In a statement, Ford Philippines said it sold 1,277 units last month, up 48 percent from the 865 in February 2013. Accounting for half of last month’s sales was the Ranger pickup, of which 647 units were sold, or 158 percent more than a year ago. Other best sellers for the month were two sports utility vehicles (SUVs), the Everest and Explorer, of which 233 and 121 units were

sold, up 22 percent and 89 percent, respectively, from the previous year. The top passenger car was the Fiesta, of which 184 units were sold last month, a 16 percent increase year-on-year. “Our full showroom of global Ford vehicles in the Philippines continues to appeal to a wide range of lives and lifestyles -- customers who want and appreciate the segment-leading combinations of safety, quality, fuel efficiency, smart technologies and value for money that our vehicles deliver,” Ford Philippines managing director Kay Hart said.

An industry leader for providing quality and affordable homes for the Filipino families, has recently established its Mindanao Operations and has opportunities for a COMPETENT Individual to lead and manage its new projects. JOB OPENING:

PROJECT MANAGER

MINIMUM QUALIFICATIONS: • • • •

LICENSED CIVIL ENGINEER An output-oriented Team worker with a good positive attitude, organized, reliable, and trustworthy At least 3 years intensive experience in building construction (preferably housing construction) holding supervisory (or higher) position. Must be very good in details and bears proficient/competent skills in Construction Planning/Scheduling, estimating (quantity take-off and costing), MS Office, and software applications related to engineering/construction and development.

Interested and qualified applicants may email their application and complete resume addressed to: The HR Manager MCDC - Ecoverde Homes, CDO Email: mcdc.cdo@gmail.com For inquiries, please call (08822) 745-755/732-345.

Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Max’s Restaurant 8586297 Fax: 8568264 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438 Thai Me Up 738424/3108424 Fax: 738424

Pryce Plaza Hotel Carmen Hill, CDO, Tel. No.722791 to93/858-4537 E-mail:reservations@pryceplaza.ph

---------------------------------

Barkadahan Grill 8551234

CHANANTHON BED & BREAKFAST

La Tegola Cucina Italiana 8585959

CM Recto Avenue, Cagayan de Oro City Tel. #: 856-81-89 / 309-3095 / 231-2103 Email ad : chananthonbb@yahoo.com Room @ P800.00

VISIT OUR WEB PORTAL

COMMERCIAL SPACE FOR RENT

CONTACT PERSON: RAYLYN LANTACA

---------------------------------

NEW DAWN PENSIONNE Velez-Macahambus Sts, CDO Tel Nos. 8571776, 721776 email : gchreservation@yahoo.com

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

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

5

www.businessweekmindanao.com

thursday|march 13, 2014

BusinessWeek MINDANAO

6

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

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

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

Banking&Finance

Monetary Board closed down Rural Bank of Montevista, Inc. DAVAO del Norte -- The Monetary Board (MB) placed the Rural Bank of Montevista (Davao del Norte), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue of MB Resolution No. 407 dated March 6, 2014. As Receiver, PDIC took over the bank on March 7, 2014. Rural Bank of Montevista is an eleven-unit rural bank with Head Office located in Sobrecary, City of Tagum, Davao del Norte. Its 10 branches are located in Laak, Mawab, Monkayo, Montevista, New Bataan and Pantukan in Compostela Va l l e y ; B a y u g a n , S a n Francisco and Trento in Agusan del Sur; and in Mati, Davao Oriental.

Latest available records show that as of December 31, 2013, Rural Bank of Reina Montevista had 35,293 accounts with total deposit liabilities of P230.35 million. A total of 35,248 deposit accounts or 99.87% of the accounts have balances of P500,000 or less and are fully covered by deposit insurance. Total insured deposits amounted to P209.83

million or 91.09% of total deposits. PDIC said that upon takeover, all bank records shall be gathered, verified and validated. The state deposit insurer assured depositors that all valid deposits shall be paid up to the maximum deposit insurance coverage of P500,000.00. The PDIC also announced that it will conduct Depositors-

B orrowers Forums on March 12 to 14, 2014 to inform depositors of the requirements and procedures for filing deposit insurance claims. Claim forms will be distributed during the Forum. The schedule and venue of the Forum will be posted on the bank premises and in the PDIC website, www.pdic.gov. ph. The claim forms and the closed/PAGE 11

Tagum coop sustains positive performance TA G U M C o o p e r a t i v e managed to post buoyant performance last year, riding out of the adverse impact of Typhoon Pablo on the local economy. OIC General Manager Juris Perez revealed this achievement in her report on financial highlights of Tagum Cooperative during the Operations Review and Planning held from

February 15 to 16, 2014 at the Molave Hotel, Tagum City, participated in by members of the Board of Directors, officers and members of the expanded management team. “Despite the challenges we face at the start of the year in 2013, we were able to perform well,” Perez said. Ta g u m C o o p e r at i v e BOD Chairperson Miriam Baloyo viewed the favorable

REPUBLIC OF THE PHILIPPINES 10th Judicial Region REGIONAL TRIAL COURT Branch 19 Cagayan de Oro City IN THE MATTER OF THE FC SP PROC. NO. 2013-057 ADOPTION OF THE MINOR MAYET GRACE BAGARES FOR: ADOPTION WITH CHANGE OF FULL NAME TO MAYEL GRACE SANTUA BUDIONGAN, MYLA SANTUA BUDIONGAN, Petitioner. X--------------------------------------/ ORDER

performance last year as “victory” for the Cooperative whose members were among those who suffered from the blow of Typhoon Pablo. The Cooperative posted an average of about 20 percent increase in almost all areas of its financial performance particularly in terms of assets, share capital, deposits, loan portfolio and net surplus. It achieved a considerably

at least five (5) days before the Initial hearing which must contain the following: 1. The name, age, residence or business address, and occupation of the witness; 2. The name and address of the lawyer who conducts or supervises the examination of the witness and the place where the examination is being held; 3.

A statement that the witness is answering the questions asked of him, fully conscious that he does so under oath, and that he may face criminal liability for false testimony;

4.

Questions asked of the witness and his corresponding answers, consecutively numbered;

5.

The signature of the witness over his printed name;

Before this Court is Petitioner’s Motion to Revive case, attaching therein the Certificate of a Child Legally Available for Adoption.

6. A jurat with the signature of the notary public who administers the oath or an officer who is authorized by law to administer.

Upon prayers and taking into account Petitioner’s compliance with the required DSWD Certification, the same is hereby GRANTED and Petition ordered REVIVED.

Finding the herein verified Petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the Initial Hearing thereof be set on May 28, 2014 at 8:30 in the morning before this Court at Room 116 ,Hall of Justice ,Cagayan de Oro City. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this petition. At the expense of the petitioner’s , let this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. In consonance with R.A. 8552 vis-a –vis A.M. No. 02-6-02-SC, the Court Social Worker is hereby directed to conduct a Home Study Resort on the adopting parents and the biological parent of the adoptee, and a child Study Report on the adoptee. She is also directed to conduct counseling sessions with the biological parent of minor sought to be adopted as well as the adopting parent.The said report shall be submitted to this Court within SIXTY (60) days from receipt of this Order. Petitioners are likewise ordered to have all documentary evidenced pre-marked before the Branch Clerk to establish compliance with jurisdictional requirements on May 8, 2014 at 2:00 o’clock in the afternoon. In Consonance with A.M. 12-8-8-SC (Judicial Affidavit Rule)vis-à-vis OCA Circular No. 106-2012,Parties and counsels are hereby directed to submit judicial affidavits

Moreover, the same shall contain a sworn attestation at the end, executed by the lawyer who conducted or supervised the examination of the witness, to the effect that: 1. He faithfully recorded or caused to be recorded the questions he asked and the corresponding answers that the witness gave; 2. Neither he nor any other person then present or assisting him coached the witness regarding the latter’s answers.

A false attestation shall subject the lawyer to disciplinary action, including disbarnment. A party who fails to submit the required judicial affidavits and exhibits shall be deemed to have waived their submission. The court, however, may allow only once the late submission provided the delay is for a valid reason and would not unduly prejudice the opposing party, and the defaulting party pays a FINE OF NOT LESS THAN Php 1,000.00 NOR MORE THAN Php 5,000.00.

IT IS SO ORDERED.

Done this 28th day of February ,201 in the City of Cagayan de Oro, Philippines.

(Sgd.) EVELYN GAMOTIN NERY Presiding Judge BWM: Mar. 12, 19 & 26, 2014

significant drop in delinquency rate and favourably expanded its membership with the full operation of its new branches in Digos City in Davao del Sur and Sto. Tomas in Davao del Norte. Perez revealed that Tagum Cooperative registered a total of 16,429 new members in 2013, making up 10 percent growth in membership from 83,378 in December, 2012 to 99,807 in December 2013. It stayed growing as a home-grown billionaire cooperative, adding P440 million to its assets last year. The number represented a 24.28 percent increase of its asset figure from P1.81 billion in December 2012 to P2.25 billion in December 2013. It released P325 million more loans last year, pushing higher its loan portfolio performance by 23.38 percent from P1.39 billion in December 2012 to P1.72 billion in the same period last year. coop/PAGE 11

Banks’ use of BSP’s rediscounting window falls sharply TOTAL availments of the rediscounting facility by the thrift and rural banks have decreased significantly in the first two months of the year, the Bangko Sentral ng Pilipinas (BSP) said. In a statement, the BSP said thrift and rural banks have availed of P282 million from the peso rediscount facility in January to February this year, 96.5 percent lower year-on-year. “It should be seen as a good sign. Since thrift banks and rural banks are sustaining their lending to clients, it means they have adequate internal liquidity as well as market access for funding pur p os es.The y are less dependent on BSP for funding. They are mobilizing deposits and are able to borrow from Falls/PAGE 11

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

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

7

www.businessweekmindanao.com

wednesday|march 12, 2014

BusinessWeek MINDANAO

8

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

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

NELSON CONSTANTINO Editor-in-Chief

ALLAN mario MEDIANTE Executive Editor

Alejandrae Uy

cHENG oRDOñEZ

Lifestyle Editor

Associate Editor

SHIELA gosanes

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Editorial Consultants

Layout Artist

Advertising

Cell No: 09352379999

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

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Friday to Sunday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2013-10946, TIN No. 946-396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923432-0687, 0917-7121424

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

T

Opinion

YOUR LOCAL ONLINE BUSINESS PAPER

Wishing Life Away

h i n k a m i nute… D o y ou w i s h y ou w e re somewhere else right now? At the beach? Away on a nice holiday? At Disneyland? Many of us spend a lot of our time wishing we were s ome w he re els e. Whe n we’re at work we wish we were home relaxing. We wish we had a different job and career or a different boss. We wish we were rich. But we can wish our life away. The simple fact is we’re not somewhere e l s e , w e’r e r i g ht h e r e ! Meantime, life is passing us by while we spend our time making retirement plans. Then, even if we finally get something we wished for, we still keep w i s h i ng for s om e t h i ng more because it’s become our state of mind—always wishing for something else. So we don’t even enjoy the things we already do have. S o d o n’t w a i t u n t i l you’re not too busy before you get close to your kids. Enjoy them now. They’ll never be this age again. Don’t wait until you buy or build that new house or until you make more mone y. And don’t w ait until you retire, because t he n you mig ht b e to o tired! You see, each day is made to have its own special experiences and memories of fun, love, and lessons to learn. So grab

THINK

A Minute

By Jhan Tiafau Hurst

and squeeze every bit of life you can out of today, because this day will never come back again! A very successful wom an s ai d, “D o you r best this moment, so you can be prepared and in the best place for your next moment and opportunity.” That’s why Jesus promises all His followers that if we are faithful and productive with our small responsibilities now, then He will bless us with bigger opportunities later. But first, we must decide to start living for Jesus His successful, right way every day of our life. So why not ask Jesus to forgive you for living your own way and always wishing you had more? Jesus will take charge of your life and help you to fully enjoy what you already have, as well as all the more that He wants to give you. Just Think a Minute…

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

Dahican Beach: My Outburst of Summer

I

F there is a place for soul searching that weight down in the body this summer it could be an eighteen kilometers stretch of white fine sand beach in Dahican, Davao Oriental. Mati the capital town with a population of more 127,000 in the 2010 national census has been an off and on a City of contrasting Supreme Court ruling and Congress legislation is in the forefront as the host of the next French Riviera south east of Mindanao. The road network from the beaten track of Compostela Valley to the Pacific side of Davao Oriental has undergone major repair and bridge rehabilitation from the ravaged of Typhoon Pablo in 2011 and now leads the way to an emerging tourist attraction. Dahican Beach is the best keep secret of Mindanao that defines Mati as an ecotourism destination with rich cultural backdrop of the

Mandaya tribe which retains its identity and excellence in farming and handicrafts in spite of its assimilation to the leading migrants of Mindanao. Mati remains fishing and agricultural community with agro forestry and mineral reserves in the boundary of Tarragona terrains. It has wide hectares of fish pens and prawns culture industry harvested for export overseas. Its crystal clear sea water is home to the endangered marine species of Sea Cow and rare Turtles that find shelter on its shores. Laid back lifestyles with the beach activities in the day are what Europeans are looking for in their Asian travel. They like to relax by day and come alive in the evening in the various restaurant joints and pubs offering their specialties. Music of various Visayan and Tagalog hits are familiar in the KTV stages and the radio air lanes playing “Lord

Patawad” which seems to be the national anthem at night. A French translation for this the Tourism H i - way song should earn royalties for By Ped Quiamjot the composer. Mati is a late bloomer in tourism development for decades it has been overlooked when it has all the potentials to be number one in the Philippines. The weather delivers good rainfall during the wet season that drives verdant vegetation and growth of agricultural crops. It is the first land mass in the to go inland for the exotic Philippines that see the sun experience. The Philippine’s shining through our island. Tourism Infrastructure Zone Yet its first national airport will Authority (TIEZA) should still be built and will see the look into this big ticket tourism first domestic flight landing in project for the future. Director 2016. A good port could also be Mark Lapid and his Boss developed in the next town of at DOT should go beyond Cateel to attract international horizons. There is more fun cruise liners during summer. A in the Philippines if we think Trans Pacific Japan to Australia big instead of just building via Indonesia cruise would do menial gardens and funding well for a stopover in Davao park signage which should be Oriental to replenish the ship’s relegated to the local tourism supply of water and tourist councils of the LGUs.

TRAVERSING

Controversy Over Healing Priest Fr. Suarez

I

was reading with interest the series of articles (at the Philippine Daily Inquirer) about the popular healing priest, Fr. Suarez. It seemed the spreading myth surrounding his healing powers, including raising the dead back to life, is now being questioned. This all came about because of the issue about money. San Miguel Corporation is already taking back the 33-hectare land donation in Cavite for a proposed Mother Mary shrine that, after 5-years, never got off the ground while millions allegedly had poured in to him and his foundation. He is even described now as a “changed man”. There are unsavory reports about his “profligacy” as a man of God like joining big-time tournaments as a golfer. Nowadays, he is not known only as an avid tennis player. He was even touted as the big-time financial sponsor of a big Tennis Open recently. In fairness to Fr. Suarez, his side must first be heard before we conclude against him. He is still abroad in a pilgrimage and it is best that we await his story. But he must not just wave away this negative story about him with nonchalance. He should not only generally say that “truth and God are on my side”. He must explain. Otherwise the stories will stick. And this could be the start of his public nose-dive just like the many others before him. His followers deserve hearing from him. “Gifted” persons with some “extraordinary powers” like healing, specially those belonging to the religious sector are a special breed of sorts. Usually they are ostracized by the

mainstream Church. Parish priests usually secretly view them unkindly, not so much because they tend to get more than the pittance the parish church alms box gets -- which they definitely do. More so because they are unconventional or unorthodox and they somehow tend to promote, knowingly or unknowingly, hysteria, sup erstition, fanaticism and the like. The Church is not too keen to immediately recognize those “supernatural” occurences or “miracles” because it has very strict procedures for verifications and validations before it acknowledges them officially. That is not to say that the Church refuses to recognize them at all. In fact it rejoices at God’s manifestations on humankind, especially on ordinary folks. It is just that it does not easily give its “imprimatur” unless certain church protocols are observed. Those socalled “gifted” persons must be careful, discerning and sensitive. If they belong to a religious order, like priests, they must observe the rules and not act as if they have a world of their own. Otherwise, they have to unsaddle from their religious congregations and go on their own way. As a matter of fact, this was precisely what happened to Fr. Suarez in his early years with a congregation in Canada. I was told he was expelled from his “order” while in Canada and came back home to the Philipines and set up his own congregation. He is still under the wings of the Catholic church because he was able to get away with it by getting himself a “protector bishop” to give him legitimacy under the

church rules. (Should the church authorities also look into this aspect of being “protector bishop”?) What is worrisome is that some bishops, who are known to be strict on their own clergy, somehow tolerate or at the least, are hesitant to make a big fuss about those “gifted” but non-compliant, “visiting” religious healers. Take the simple case of getting the local bishop’s permission before holding a mass. Usually, these are not complied with. And bishops usually just remain quiet. My guess is that because those healers have generated tremendous following, a bishop is a bit careful to do a little squeak that may turn off fanatical parishioners. Also, a discerning bishop may just be being careful lest he be unduly and unfairly accused of just whining because local parishioners dig into their pockets only for loose change during Sunday mass collection time while they give bulging cash envelopes “pabaon” to those visiting healers. Consider also those socalled “handlers.” ( They are derisively also called “dicers” for obvious reasons.) They are the close-in aides of the healer who generate donations by whispering to well-to-do followers about this or that project that needs support while the healer appears to remain coy. Of course, they are most often the culprits in short-circuiting local bishopry rules when they do “advance party” work. They are over solicitous and over protective of their “ward”. Some are haughty, like that fly feeling big upon alighting on the carabao. They even provide the “human shield” and cordone

A dvocacy

Mindanao By Atty. Jess Dureza

off their “boss” from the crowd whenever necessary, to the consternation of the eager believer who just wants to touch or stay close hoping perhaps for some magical results. In our day and age of pro b l e m s , p ov e r t y and want, many of our people who are desperate, destitute, hopeless, seeking deliverance or waiting for miracles to happen or those who are just naive and gullible, usually end up being fascinated and awed at some supernatural “happenings” like healing of the sick. Rumors, especially about “miracles” move fast and we swallow them. But are we to blame? One late afternoon in Davao City, my wife Beth and I squeezed ourselves with an overflowing crowd at Maa Church just to hear a healing mass with Fr. Suarez. Traffic in the diversion road was usually light but not that day. Hours before Fr. Suarez’ convoy arrived with host Mayor Rody Duterte personally escorting him , thousands of Dabawenyos were already waiting. Traffic was paralyzed. He was literally mobbed wherever he went that police escorts had to be fielded to control the crowd. All the ailing, the sick and the “hopeless “ dureza/PAGE 9

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

Dureza... from page 8

-- including just the curious -- were there hoping for the best. Of course, I was told the well-heeled ones had reserved front row seats courtesy of some friends or contacts on the organizers side. You know, the usual courtesies. When I was a young barrio boy in the south, I knew of certain healers (“mananambal” or “arbularyo”) who allegedly cured almost any ailment -including painless extraction of a decayed tooth, dentists then being rare. They were known for refusing to receive money or cash to the adulation of all. Unable to control a fever, my mother one time brought me to a “hilot” who used coconut oil, with a little of his saliva to spike. I saw donations in kind were accepted on the ground floor and quickly hauled into a room. When I went to the “palengke” in the afternoon, I spotted the same bundles of rice or bagful of fish offerings, the live chicken and pig in the market stalls being sold for conversion to cash! I lost faith on my favorite “mananambal” after that. Healers must be extra careful about money matters. It can cause their downfall. Let’s all admit this. A grateful person of means who may have benefited from his healing powers will definitely hand over some cash or issue a check to support his project, unsolicited or not. I was told of a Davaoeno businessman who suddenly regained his lost ability to write and move his arms after a healing session with Fr. Suarez. And you guessed it. His first act to show that he could already write was to write a check payable to Fr. Suarez. I am not surprised to learn that aides or “handlers” would invariably mention to some avid believers and followers, especially the rich, about some projects of the priest that needed some help. How much of that given amount is personal and how much of it goes to the foundation he represents must be reckoned internally by his group or foundation whose officials are usually noted names known for their integrity and circumspection. Of course we heard Cardinal Tagle saying that he left Fr. Suarez’ foundation but he was not too clear about his reasons although there were nuancings about his not being happy with what was going on inside. How Fr. Suarez (and this must include all others similarly situated) handles those funds as donations for worthy projects must be dealt with accordingly with transparency or sensitivity. Otherwise, accusations about money matters that are now surfacing will be inevitable. Fr. Suarez himself now needs some healing of his own. He needs to mend his ways and practices. Failing in

this, it will be a sad day if he becomes the total opposite of how he is regarded today: from a well-loved healer to a pariah -- an outcast or one despised. Let’s all pray for him that he will overcome all this in God’s own time. For all we know, he may indeed be God’s gift to mankind. In the meantime, I won’t be surprised if some enterprising whistle-blower will also surface and denounce another PDAF anomaly called Priests’ Diverted Alms Fund (PDAF). But the bishops must first devise their own witness protection program to make this happen. That will be the day! (joke. hahaha!) AU T O N O M Y T O SECESSION --- Crimea’s autonomous government in Ukraine just announced it wanted to secede and join Russia. Crimea’s legislative body already voted to secede. Russian troops are in place and capital city Kiev looks helpless. Those who are opposed to giving more autonomous powers in the negotiations with the MILF are now about to use this recent development in the Black Sea as a fair warning to all by asking: what will prevent the new Bangsamoro entity to do the same in the future in the exercise of its so-called right of self determination.? Interesting question. FOR PRESIDENT? --I am intrigued that some barangay officials, who are under Mayor Duterte in the city are getting signatures to support the DUTERTE FOR PRESIDENT movement. They claim they have about 800,000 campaign targets in the city and they plan to expand their area .This despite Mayor Rody Duterte’s repeated stand that he is not interested and he is not qualified. Like saying “No way!” Well, at least he is not yet saying :”Over my dead body!” POLITICALCAULDRON --- Vice President Jojo Binay is launching in June his own political party for his presidential bid. Expect an exodus knowing he is the person to beat in 2016. Senator Alan Cayetano has also announced: “I will not only run but I intend to win as president.” Sen. Grace Poe is another “dark horse” in the wings. Then of course, there’s administration bet Sec. Mar Roxas. The political cauldron is starting to simmer. It will boil within the next few months. OFF TO BURMA --- I will be in Yangon, Myanmar (formerly Burma) this week to attend an international media conference to represent the Philippine Press Institute. Myanmar is perceived as still repressive but we will discuss there issues on press freedom and human rights with about 250 journalists and media leaders from all over the world. I am a bit curious how the regime will handle this.

Opinion

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

wed-thu|march 12-13, 2014

The Forgotten Gratitude - Also In Business Which is one of the most difficult words worldwide? POPCATEPETL, the Mexican mountain? Or, CHICHICASTENGO, a small town in Guatemala, or OUAGADOUGOU, the former capital of Upper Volta in Central Africa? Guess,please! “Somebody comes to my place and drinks a lot. I just keep on roaring and flowing and remain happy during my whole life, because I can give and share ... - even without any gratitude!” (engraved on an historic fountain in Regensbug/ Bavaria/Germany. “B e in the making, means be thankful forever!” What a meaningful quotation from Goethe’s drama “Faustus” (1831), but how very far away from today’s reality. Let me ask you, my dear reader, “When did you say THANK YOU recently?” In the supermarket to the

cashier ... after a business meeting to your partners ... as a boss to your staff ... as a husband or wife to your partner ... etc. ... etc.! Hold on, I don’t mean it as a disgracing phrase, no. I mean it such as an honest attitude to which we are all susceptible. “The Pharisee stood apart by himself and prayed ... God, I thaknk you that I am not like the tax collector over there”, (Luke 18,11). “What’s more transient than gratitude?” asked the German poet, Friedrich Schiller (17591805) in his drama “Don Carlos”. Gratitude, or thankfulness, in our daily life and surroundings: many times it’s just forgotten because we treat sacrifices of hardworking people, services and even the smallest relief without saying it as only natural and take it as a matter of course.

9

www.businessweekmindanao.com

Many of our earthly leaders forget that they got their positions because of our trust and votes. One of my former publishers (an international company with branches in Berlin, New York and Amsterdam) told me one day: “Thank you for having your job well-done. It’s a success for the whole company!” I couldn’t care less if the grumpy taxi driver isn’t able to mention a simple ‘salamat’ after I pay my fare inclduing a small tip. But if children forget to express their gratitude to their parents, who keep on trying everything to garantee a good education while struggeling financially through life - yes, then it becomes painful and embarassing. Well, let’s think about it again. Saying thank you helps building up bridges and connections - not

H ave M y Say

By Klaus Doring

ONLY in business life - and it is at least as important as praise and recognation. +++ Email: doringklaus@ gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot. com or tune in to “Classics with Klaus Doring”, Sundays from 9 to 11 AM and 7 to 9 PM on 104.3 FM “Edge Radio Davao” or via www.myradiostream.com/ edgedavao or www.positvelypinoy.com/edgedavao.

Christian Pastor Converts to Catholicism

L

IFE’S INSPIRATIONS: “…`Unless a man be born from God, he cannot see the kingdom of God’…” (Jesus Christ, our God and Savior, in John 3:3, the Bible). -ooo CHRISTIAN PASTOR CONVERTS TO CATHOLICISM: Erstwhile Rizal gubernatorial candidate Steve Salonga, son of former Sen. Jovito Salonga, shared on March 09, 2014 in Facebook an a r t i c l e t h at ap p e a r e d in the online magazine “ C h a r i s m a N e w s ”, which talked about the conversion of a Christian pastor and his wife to Roman Catholicism, after s e r v i ng t he C h r i st i an church he founded some 30 or so years ago. Here are portions of that article: “During his Sunday morning service, Ulf Ekman announced the he and his wife, Birgitta, are converting to Roman Catholicism. Ekman is the founder of Word of Life, a megachurch i n Up p s a l a , S w e d e n . Newsreports and blogs coming out of the nation reveal the congregation was `partially stunned’, after hearing what was packaged as a `special a n n o u n c e m e n t .’ T h e theme was `Follow the Lamb Wherever He Goes.’ “…`For Birgitta and me, this has been a slow process were we have gone

f rom dis cover ing ne w things, to appreciating what we have discovered, to appro ach and e ven le ar n f rom our fellow Christians,’ Ekman says on his ministry website. `We have seen a great l o v e f o r Je s u s a n d a sound theology, founded on the Bible and classic dogma….” -ooo NO “BORN AGAIN” IN THE BIBLE? On April 28, 2013, I wrote here: “Last Saturday’s praise and worship service… of the Anak Ng Diyos Kadugo Ni Kristo (AND KNK) Church, an interesting issue cropped up, prompted by a question of one of its members--in the discourse between Jesus Christ, our God and Savior, and Nicodemus, narrated in John 3 of the Bible, did Jesus really say `born again’? “ T h e q u e s t i on w a s apparently prompted by AND KNK’s doctrine that it is not a `born again’ church, but something els e - -- A N D KN K is a church that, according to John 1:12-13, is born `from above’ or, more appropriately, born from God. This is the reason why AND KNK members are not called `born again Christians’ but “born of God believers”. “What is the basis for this AND KNK doctrine? It is b as e d on s e vera l

Biblical verses that start w it h Jo h n 3 : 3 , w h e re Jesus is supposed to have inst r uc te d Nico demus how a man could enter the kingdom of heaven. In the New International Version (NIV) translation of the Bible (which is basically the Born Again Bible), it is there said that for a man to enter the kingdom of God, he must be `born again’. Unfortunately, however, this translation is clearly a flawed one. -ooo F L A W E D T R A N S L AT I O N O F THE BIBLE: “Why is the NIV translation of what Jesus said a flawed one? This is because even the NIV admits that flawed translation, by adding a footnote on the phrase `born again’. When the NIV version of John 3:3 is read very carefully, that footnote will standout, and when it is read at the bottom of the text, it is there admitted that what Jesus really said was not `born again’, but `born from above’, or `born of God’. “ W h i c h , p r e c i s e l y, is what John 1:12-13 is saying: those who receive and have faith in Jesus become children of God, who are then born from God. It is therefore clear that for man to enter the kingdom of God, he must be born from God, not born again. This assumes

K ak ampi

Mo A ng Batas

By Atty. Batas Mauricio

great significance when we consider that man is really sinful (Romans 3:23, Genesis 6:7), so that even if he is `born again’ a million times, he will remain a man who is full of sin. “C onsequently, it is clear that the NIV and Born Again translations of John 3:3 would be totally misleading, first because `born again’ was not what Jesus meant, and secondly, because being `born again’, according to the other verses of the Bible, would not really mean salvation. What is needed is for a man to be `born of God’, and that is what AND KNK is preaching and trying to convert man to. -ooo REACTIONS? Please call me at 0917 984 24 68, 0918 574 0193, 0922 833 43 96. Email: b at asmaur icio@ya ho o. com, mmauriciojr111@ gmail.com and melaniolazomauriciojr@ outlook.com.

All lasting business is built on friendship. ~Alfred A. Montapert

BusinessWeek MINDANAO

10

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

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

Gazmin installs BM Navarro as new Masonic Lodge head By PJ TREMEDAL, Correspondent

Ozamiz City––National Defense Secretary Voltaire T. Gazmin, who is himself the Junior Grand Warden of the Free Masons of the Philippines, graced the 31st Public Publication Ceremonies of the Officers for Masonic Year 2014-2015 and installed Worshipful Master David Navarro to the helm of a lodge here. Secretary Gazmin who enplaned to this city on Friday delivered his message in consonance to the year’s theme; Today’s Masonry, Tomorrow’s Continuit y: Brother Love, Relief and Truth as Edifice in Bridging Free Masonry to the Next Millennium.” These ceremonies were intended for Don Lorenzo A. Tan Memorial Lodge # 265 of Tangub City and was held at the Naomi’s Garden in Ozamiz City with guests coming from 21 Masonic Lodge of Misamis Occidental and other cities came to witness the momentous event of the Free Masonry in this part of the country. Guests from both the military and the police also

came to witness and brief the Secretary of Defense on the situation of the province. Sec. Gazmin also visited t he 1st I n fa nt r y Taba k Division, Philippine Army, based in Pulacan, Labangan, Za mboa nga del Sur, a n hour from Ozamiz City, of which Commanding General Felicito Trinidad met him to discuss the peace and order situation of the whole area of responsibility of the 1st Army Division. Col. Apolinario Alobba, 101st brigade commander, together with 55th Infantry Battalion newly installed commander Lt. Col. Gerry Besana and Misamis Occidental Police Provincial Command OIC-provincial director Sr. Supt. Archival

National Defense Secretary Voltaire T. Gazmin

Macala also gave details on the current situation of Misamis Occidental. Secretary Gazmin, who also chaired the National

D i s a s t e r C o ord i n at i n g Council (NDCC), was also briefed on the province’s implementation of R .A. 10121, otherwise known as

the Disaster Risk Reduction and Management Act of 2012. For his part as Board Member representing the 2nd District of Misamis Occidental, David Navarro, who was insta l led as Worshipful Master of Don Lorenzo A. Tan Memorial Lodge No. 265 F & AM and wife, Clarin Municipal Mayor Elsa Navarro, welcomed the Defense Secretary. In his acceptance speech during the installation, BM Navarro emphasized on his responsibility not only as a legislator of the province, but also on being leader of the Masons of Tangub City and as member of the Free and Accepted Masons of the country. VW Henry S. Oaminal and the people’s representative of t he 2nd D i s t r ic t of Misamis Occidenta l did the introduction for Secretary Gazmin to his brother masons, and who also delivered his message of hope and responsibility to all masons. In a press conference,

S e c re t a r y G a z m i n a nd C ong re s sm a n O a m i n a l a nswered que st ions on Disaster R isk Reduction a n d M a n a g e m e nt , t h e public hearing conducted by members of the House Committee on Energy in some areas inMindanao. Rep. Oaminal confirmed t hat t he operat ion of t he I nter i m M i nd a nao Electricity Market (IMEM), through a resolution passed and approved during the Cagaya n de Oro public hearing, has been suspended by Congress’ Committee on Energy. Secretary Gazmin told media practitioners about the Disaster Preparedness of the Aquino Administration a n d i n a n s we r i n g t h e situation resulting from the deadly typhoons that hit the country, including Typhoon Sendong, which wrath Misamis Occidental also suffered from, and the ongoing Bangsamoro peace process, particularly the annex on “Normalization” and disarmament of the MILF members.

ROTARY CLUB OF CAGAYAN DE ORO RI DISTRICT 3870 Meeting at Seda Hotel, Executive Club Lounge, 11th floor every Thursday

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

Iligan Bay Alliance firms up protection of fisheries resources in NorMin CAGAYAN DE ORO CITY-The Iligan Bay Alliance in Misamis Occidental (IBAMO) is firming up its campaign to conserve the agricultural and fisheries resources among its five member-towns. IBAMO member-towns have rich fishing grounds where sardines and other species abound but they are also hard-pressed in protecting the marine habitat and implementing fisheries laws. M o r e o v e r, t h e f i v e municipalities are also sites for studies on integrated ridge-to-reef development promoted globally by the United States Agency for International Development (USAID). The focused development of the five towns has been the concern of the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) and WorldFish, both of which facilitated the Planning Workshop and 5th Executive Meeting of the IBAMO in Cagayan de Oro City on February 26, 2014. Misamis Governor Herminia M. Ramiro, also IBAMO’s honorary chairman, graced the event at the N Hotel. A workshop was conducted to develop and validate IBAMO’s plan and programs for CY2014-2015. Members of IBAMO’s Technical Working Group

(TWG) and the different committees in information, education and campaign (IECC), law enforcement (LEC), habitat enhancement (HEC), institutional capacity building (ICBC) and in monitoring and evaluation (M&E) participated in the workshop. The national government agencies in Region 10, namely: Bureau of Fisheries and Aquatic Res ources (BFAR), Department of Science and Technology (D OST), Department o f To u r i s m ( D O T ) , Department of Interior and L o cal Government (DILG), and the Mindanao University for Science and Technology (MUST) also made presentations during the workshop. Ramiro noted the strides made by IBAMO in protecting the environment and in strengthening its capacity to implement various laws and regulations related to the protection of the marine habitat in Iligan Bay. She said other institutions like SEARCA and WorldFish are also helping out in making IBAMO succeed in its mission. Headed by Dr. Gil C. Saguiguit Jr., SEARCA is mandated to develop the capacities of institutions working in agricultural and r ural de velopment in Southeast Asia, with resources/PAGE 14

Environment

SURIGAO CITY - Eleuterio Bano of Cawilan, Tubod, Surigao del Norte received his indemnity claim from the agricultural insurance program of the Department of Agrarian Reform and Philippine Insurance Corporation last week. Amounting to P17,680, the check was personally handed March 5, 2014 by

Surigao del Norte Provincial Agrarian Reform Program Officer II Jamil Amatonding, Jr. The amount may not be much to cover the damage by Typhoon “Yolanda”, but for Bano, “It’s a big help to start anew.” “I am very happy. I can now buy fertilizers to fully grow my re-planted palay,”

YOUR LOCAL ONLINE BUSINESS PAPER

11

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

DOST kicks off M’danao-leg info campaign in CDO Story and photo by Cheng Ordonez

CAGAYAN DE ORO CITY -- The Department of Science and Technology (DOST) kicked-off its Mindanaoleg information campaign, in collaboration with other agencies of the government, for safer communities through science here in Cagayan de Oro City on Monday, March 10, 2014, at the Pryce Plaza Hotel, Carmen Hills. Science and Technology S ecretar y and National Disaster Risk Reduction and Management Council Vice Chair for Mitigation Mario Montejo led the Mindanao launching of “Science for Safer Communities,” an inter-agency government program geared to respond to calamities and disasters that perennially affect the country. The collaboration of frontline agencies buoy up the fact that using science-based tools in preparing disaster reduction plans are vital in making our communities safer and more prepared against disasters. Anchored on the fact that preparedness is the best way to prevent the ill-effects of disasters, the program promotes the use of S&T-based information materials and tools that help communities get ready for natural calamities.

DAR crop insurance benefits Typhoon “Yolanda” victim By PAT SAMONTE and DARYLL TUMBAGA

BusinessWeek MINDANAO

he said. Last year, 25 agrarian reform beneficiaries (ARBs) re c e i v e d c l a i m c h e c k s amounting to P104,000. Regionwide, DAR provided insurance premiums amounting to P16.5 million to 7,622 ARBs. The agency is continuously accepting applications for agricultural insurance claims in its municipal agrarian reform offices.

CALAMITY ASSISTANCE. “Yolanda”victim Eleuterio Bano (second from left) receives his indemnity check from Surigao del Norte Provincial Agrarian Reform Program Officer Jamil Amatonding, Jr. (extreme right) as Bano;s family watches. photo by daryll tumbaga

“Let’s take a scenario for public storm warning signals. We hope that warnings issued by our agencies will instantly trigger the disaster imagination of people in a way that a Public Storm Signal No.3 or No.4 will prompt early action among the community to adopt action plans such as preemptive evacuation or staying in areas identified as disastersafe zones,” Montejo said. The DOST leads the program through its agencies, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), Philippine Institute for Volcanology and Seismology (Phivolcs), and the Science and Technology Information Institute (STII). Beefing up the DOST team is DOST’s Project NOAH (Nationwide Operational Assessment of Hazards). Partner agencies include the Department of the Interior and Local Government, Department of National Defense – Office of

Civil Defense (DND-OCD) as the implementing arm of the National Disaster Risk Reduction and Management Council, and the Department of Environment and Natural R e s o u r c e s – Nat i o n a l Mapping and Resource In for m at i on Aut hor it y (DENR-NAMRIA). The program’s main activity is a threemonth information and communication campaign that will hop from region to region. T he c amp ai g n , a ls o dubbed as “Iba na ang Panahon” is geared to help equip local governments with knowledge and know-how on disaster preparedness down to the municipal and city levels. “Iba na ang Panahon” is a two-pronged slogan that means: 1) Time (“panahon”) has changed (“Iba na”), so let’s move on from antiquated “tools” to S&T-based information and tools in designing disaster preparedness plans; and 2) Climate (“panahon”) change

(“iba”) compels us to be more prepared for hazards to make our communities safer, Asec. Raymund Liboro said. In ever y regional campaign, the S4SC will gather local government leaders from governors to city and municipality mayors, including disaster risk reduction managers or officers. Asec. Liboro said campaign participants will learn more about S&T-based disaster/weather information and tools and how to use these to make their communities safer and more prepared for disasters. The DOST and Project NOAH will share to the participants information, tools, and technologies that are crucial in preparing disaster risk reduction plans for their respective communities. Tools and technologies include hazard maps, websites, and apps, among others. DOST regional offices will organize and coordinate the dost/PAGE 14

Closed...

the first week of April. The schedule of the claims settlement operations will be announced through notices to be posted at the bank premises and other public places as well as through the PDIC website, www. pdic.gov.ph. According to the latest Bank Information Sheet (BIS) as of December 31, 2013 filed by the Rural Bank of Montevista with the PDIC, the bank is owned by Get Holdings, Inc. (35.23%), University of Mindanao (Retirement Fund) (20.76%), RBM Employees Provident Fund (15.43%), Guillermo P. Torres, Jr. (9.9%), Edwin P. Torres (4.33%), Antonio M. Pilpil (4.08%), Victor Nicasio P. Torres (3.03%), and University of Mindanao (2.17%). Its President and Chairman is Felix A. Maceda.

of savings performance, the share capital grew by 20.85 percent from P625 million in Dec. 2012 to P755 million in Dec. 2013. Tagum Cooperative hit P200.7 million net surplus as of yearend of 2013, posting 19 percent increase from P168 million in Dec. 2012, surpassing its net surplus performance in 2012 by P32 million.

from page 6

requirements and procedures for filing are likewise available for downloading from the PDIC website. Depositors may update their addresses with the PDIC representatives at the bank premises or during the Forum using the Mailing Address Update Forms to be furnished by PDIC representatives. Duly accomplished Mailing Address Update Forms should be submitted to PDIC representatives accompanied by a photo-bearing ID with signature of the depositor. Depositors may update their addresses until March 17, 2013. Depositors with valid deposit accounts with balances of P50,000.00 and below do not need to file deposit insurance claims. But depositors who have outstanding obligations with the Rural Bank of Montevista including co-makers of the obligations, and have incomplete and/or have not updated their addresses with the bank, regardless of amount, should file deposit insurance claims. For depositors who do not need to file deposit insurance claims, PDIC will start sending payments by mail to their addresses based on bank records by March 21, 2014. For depositors that are required to file deposit insurance claims, the PDIC will start claims settlement operations for these accounts also by

Coop... from page 6

The management exercised caution in granting loans and diligence in collection, leading to the considerable drop in delinquency rate from 8.30 percent in December 2012 to 7.28 percent in the same period last year. The financial literacy that Tagum Cooperative waged last year bore fruit as savings deposit grew by 24.47 percent at a value of P206.6 million, pushing savings deposit performance to a total of P1.05 billion in December 2013 from P844 million in December, 2012. Also indicative

Falls... from page 6

commercial sources,” BSP Deputy Governor Nestor A. Espenilla Jr. said. Rediscounting is a privilege of a qualified bank to obtain loans or advances from the BSP using the eligible papers of its borrowers as collaterals. It is a standing credit facility provided by the BSP to help banks liquefy their position by refinancing the loans they extend to their clients. Of the availments for the period, 71.6 percent went to commercial credits, 2.9 percent to agricultural and industrial credits, and 25.5 percent to other credits consisting of permanent working capital at 13.3 percent, other services at 8.5 percent, and capital expenditures at 3.7 percent. Commercial banks didn’t avail of the facility for the period. Aggregate dollar availments by small banks for the period declined by 97.7 percent to $0.8 million compared to $4.3 million last year. Commercial bank likewise didn’t tap this facility.

BusinessWeek MINDANAO

12

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

Arts&Culture

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

PagBAG-o Shop Opens by Xyla Mercedita E Gualberto

T

he first PagBAG-o Shop, t he of f icial livelihood hub of t he Xav ie r E cov il le Multipurpose Cooperative ( X EM PCO), opened on M a r c h 8 a t t h e H -3B Miranda Bldg, Chavez St, Divisoria. Fr Charlie Cenzon, SJ led the blessing ceremonies. Livelihood par t ners M r A r se n io Seba st ia n of t h e Rot a r y C lu b We s t and Ms Eileen Ruba of t h e X av ie r Un ive r sit y Student Entrepreneurship P r og r a m (SE P) g r a c e d t he eve nt . C om mu n it y Development partner for Values Formation Mr Art Limas of Gawad Kalinga also came to express his support. T he Pag BAG- o shop showcases XEMPCO’s food a nd non-food products. You will find stacks of its locally-made peanut butter a nd the Pag BAG - o bag collection. This includes canvass totes, leatherette bags, file organizers and coin purses. Each piece is

sewn and conceptualized by the women of Xavier Ecoville. STARTING SMALL Fr Cenzon likened the shop’s potential to that of a mustard seed. It starts out smal l but w it h t he continuous work of watering it, the shop will grow and expa nd it s liveli hood ventures. The XEMPCO started operating on February 2012. A small group of household heads decided to run a make shift sari-sari store that carried the community’s basic needs. T hey used their own money as staring c a pit a l . Eve n t u a l ly, it won more members and got off icially registered in September that year. It then started its credit and loan services with the assist ance of the Peace and Equity Foundation in October. XEMPCO focused on capacitating its members through a month-long skills training in November and opened it s wholesali ng enterprise in December.

STEPPING UP X EM PCO g rew as it received more support from partners such as Give2Asia which funded its tree nursery a nd sew i ng e nt e r pr ise. Tipi Wood also assisted the coop in developing its agricultural enterprise. In April 2012, it moved to its office funded by Steag State Power Inc. and Rotary Club West. The land was donated by the local government unit of Barangay Lumbia. Xavier Ecoville extends its services to the residents out side of t he v i l lage. In July 2013, XEMPCO partnered with Maybank to come up with its Maybank Manpower enterprise. A few months after, in November, i t of f i c i a l l y l a u n c h e d t he Pag BAG - o P roject , a creative collaboration between the unemployed h o u s e w i ve s of X a v i e r E c ov i l le w h o p r o d u c e the bags, and the Xavier Universit y st udents and alumni who make the design and lead in the marketing efforts.

CHANGING LIVES Today XEMPCO has five major enterprises: sewing, food processing, manpower, agriculture, wholesaling, a nd cred it a nd loa n. It p r ov i d e s e m pl oy m e n t , income for its members t h roug h d iv ide nd s a nd suppor t for small-scale enterprises to the Xavier

Ecoville community and residents of Brgy. Lumbia and downtown Cagayan de Oro City. The PagBAG-o shop is proof that starting small and dreaming big can lead to sustainable development to communities. Witness this story of growth and visit their store today.

Xavier Ecoville is a resettlement community for TS Sendong survivors located in Brgy. Lumbia. It is facilitated by Xavier University, the community members, the local gover nment, donors and other partners for a selfsufficient and value-laden community.

Primavera Residences Invites You to Join the Earth Day Photography Contest A

pril 22 is Earth Day, a day being celebrated worldwide to raise awareness to environmental issues and promote environmental action. This year, Primavera Residences, the premier green condominium building in Cagayan de Oro, celebrates the event through a photography contest for amateur photographers. The contest called “LIVING GREEN IN A MODERN WORLD: An Earth Day Photography Contest” aims to draw attention to the eco-friendly and sustainable development advocacies of Italpinas, the developer of Primavera Residences. Who can join the contest: • The contest is open to amateur photographers, photography students, and enthusiasts of all ages based in Northern Mindanao. Professional photographers (defined as individuals who receive compensation for his photographic work either as a one-person operation or through involvement in a studio outfit) are not eligible to enter this contest. • Participants under 18 years of age require the permission of a parent or guardian.

How to join: • Each participant is allowed to submit a maximum of 3 entries. • Entry is limited to original works that have not previously been displayed or exhibited and to which the entrant holds all applicable rights. Works that have won prizes in other contests or that have been submitted to other contests currently underway are not eligible. • The submitted works must revolve around the theme and will showcase eco-friendly living and sustainable projects in the region. • Images that have been retouched using digital software or by other means will be accepted. Both color and monochrome images will be accepted. • Entries must be submitted on March 1 to April 22, 2014.

• After carefully reading the guidelines, participants may submit their entries in jpeg format through any of the following options: • Via walk-in at the Primavera Residences office in Pueblo de Oro Business Park, Cagayan de Oro. • Through the following email: crs@italpinas. com. • By submitting a link from Facebook or Flickr. • Submitted entries must include the following information: participant’s name, address, phone number, email address, and photo caption. • Entries must have a resolution of 6 megapixels to be made available upon request. • 10 Finalists will be announced in April 25, 2014 and will be open for public viewing in the gallery exhibit to be held at Primavera Residences and the Primavera booth in SM City. Judging: • Images will be judged on relevance to the theme, originality, composition, overall impact and artistic merit. • The team of judges will be composed of officials from Italpinas, members of the CDO press and bloggers community, and prominent Cagayan de Oro photographers. • Preliminary judging of the online gallery will be done from April 25 to 30, 2014. • Final judging and awarding will be on May 3, 2014. So, if you’re ready to showcase your work in print and in the world wide web, have an eye and skill in creating stunning images that convey a message, and an advocate of sustainable development and eco-friendly solutions, join the contest and win exciting prizes from Primavera Residences. For more details, visit www.primaveraresidences.com/blog

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

Community

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region BRANCH 42 Medina, Misamis Oriental -oOoBANK OF MAKATI, (A RURAL Bank), EJF NO. 354-M Inc., Creditor Mortgagee, FOR: EXTRAJUDICIAL FORE -versus- CLOSURE OF REAL ESTATE MORTGAGE UNDER ACT SPOUSES EUDY G. AMONCIO AND NO. 3135, AS AMENDED, ROSILEI M. AMONCIO, AND SC ADM. MEMO Third- Party Mortgagors, RANDUM NO. 99-10-05-0 DATED AUGUST 21, 2001 ELSEVIER MARKETING INC., Debtor. x-----------------------------------------------------------/ SHERIFF’S NOTICE FOR EXTRAJUDICIAL SALE Upon extrajudicial petition for sale under Act No. 3135,as amended by Act 4118, filed by the BANK OF MAKATI,(A RURAL Bank),Inc., mortgagee,against SPOUSES EUDY G. AMONCIO AND ROSILEI M. AMONCIO,Third-Party Mortgagors, ELSEVIER MARKETING INC.,Debtor,with residence and postal address at K14 Mt.Kitangtad St., Capistrano Complex,Gusa,Cagayan de Oro City, to satisfy the indebtedness of the mortgagors to the former in the amount of THREE MILLION ONE HUNDRED SEVENTY THREE THOUSAND SEVEN HUNDRED NINE AND 43/100 (Php 3,173,709.43), Philippine Currency, exclusive of stipulated attorney’s fees and other fees/charges after deducting all other charges including the fees that may be due for services rendered computed up to June 8,2013.The Undersigned RTC-Branch 42 Sheriff sell at Public Auction on April 10, 2014 at 10:00 0’clock in the morning or soon thereafter at the Hall of Justice,RTC-Branch 42,Medina,Misamis Oriental to the highest bidder for cash and in Philippine Currency, the following property with all improvements thereof to wit: TRANSFER CERTIFICATE OF TITLE NO. T-32001 A PARCEL OF LAND (Lot 21, Block 15,of the subdivision plan (LRC) Psd-99457, being a portion of Lot 14-C,described on plan(LRC) Psd -990-90,LRC Record No. 48251),situated in the Poblacion, Mun. of Medina,Prov. Of Misamis Oriental,Island of Mindanao,Bounded on the NE.,points 2 by 3 by Lot 19,Block 15; on the SE., points 3 to 4 by Road Lot 12; on the SW., points 4 to 1 by Lot 23 by Lot 23 and on the NW., points 1 to 2 by Lot 22,both of Block 15,all of the subdivision plan. Beginning at a point marked “1” on the being S. 47 deg. 59’W., 601. 84 m. from B.L.L.M. 2, Medina , Misamis Oriental; thence N. 76 deg. 14’ E., 15.00 m. to point 2; thence S. 13 deg. 46’ E., 20.00 m. to point 3; thence S. 76 deg. 14’ W.,16.00 m. to point 4; thence N. 13 deg. 46’w., 20.00 m. to point of beginning; containing an area of THREE HUNDRED (300) square meters more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl. Conc. Mons. 15 x 60 cm.; bearings true ;declination 1 deg.33’ E., date of the Original Survey November 6-December 15,1931 and that of the subdivision Survey, January 11-31,1969 is registered in accordance with the provisions of the Property Registration Decree in the name of EUDY G. AMONCIO, of legal age, Filipino, married to Rosilie M. Amoncio with residence of S. Pob., Medina, Misamis Oriental. TRANSFER CERTIFICATE OF TITLE NO. T-37399 A PARCEL OF LAND (Lot 22, Block 15,of the subdivision plan (LRC) Psd-99457,being a portion of Lot 14-C,described on plan (LRC) Psd-99090,LRC Record No. 48251). situated in the Poblacion, Mun. of Medina,Prov. Of Mis. Or., Island of Mindanao. Bounded on the NE., points 3 to 4 by Lot 20; on the SE., points 4 to 1 by Lot 21; on the SW., points 1 to 2 by Lot 24, all of Block 15; and on the NE., points 2 to 3 by Road Lot 13, all of the subdivision. Beginning at a point marked “1” on plan being S. 47 deg. 59’ W., 601.84 m. from B.L.B.M. 2, Medina, Misamis Oriental; thence N. 13 deg. 46’E., 20.00 m. to point 2; thence N. 76 deg. 14’E., 15.00 m. to point 3; thence S. 13 deg. 46’ E., 20.00 m. to point 4; thence S.76 deg. 14’ W., 15.00 m. to point of beginning; containing an area of THREE HUNDRED (300) sq.m. more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. cyl. conc. mons. 15 x 60 cm.; bearings true; declination 1 deg. 33’E., date of Original Survey, November 6-December 15, 1931 and that of the Subdivision Survey, January 1-31, 1969 is registered in accordance with the provisions of the Property Registration Decree in the name of EUDY G. AMONCIO,of legal age, Filipino, married to Rosilie M. Amoncio with residence of S. Pob., Medina, Misamis Oriental.

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

13

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

Guv eyes health packs for Misor MISAMIS Oriental--Gov. Yevgeny “Bambi” Emano on Monday announced that the provincial government of Misamis Oriental has readied an innovative health package for about 160,000 residents abandoned by the previous provincial administration. “It is unfortunate that the PhilHealth have refused to re-en rol l more t ha n 160,000 previous health card holders because the previous administration failed to pay more than P 428 million health premiums,” Emano said. Emano said he would ask the provincial board to craft an Ordinance that would formalize the creation of the Misamis Oriental Care System (MisOrCare) where everyone could be enrolled regardless of creed, sex, and political affiliation. “We will enroll everyone in the province under our M isa m is Or ienta l Ca re System regardless of religion, sex or party affiliation. The MisorCares will provide them services and benefits over and above their existing hea lt h insurance,” Gov. Emano said. The Governor was prompted to design this program for all residents after some 177,000 failed to avail of their PhilHealth cards due to non payment of their premiums. The previous ad m i n ist rat ion entered into a memora ndu m of agreement back in 2012 with the PhilHealth to enroll said a number of residents of the province for a two-year period wherein Moreno committed to pay a total of P300 million.

“On that year the former governor made a full payment only to cover a one semester period. Then, pay only a partial payment representing the third quarter, but this was done only in June 2013, despite t he fact t hat he budgeted over P300 million for the program,” Gov Emano said. He added t hat t he remaining unpaid premium balance could easily reach some P235 million, which “clearly could not be paid by the province due to the financial condition as a result of the mismanagement of t he f inancia l and f isca l resources of the provincial government du ring t he previous administration.” Phi l Hea lt h ref used to re-enroll the over 160 thousand cardholders saying it violated memorandum No. 49, series of 2010 entitled “no enrollment/reenrollment

of LGUs with outstanding arrears to PhilHealth.” “For the years 2014 and 2015, we would need P2.4 million. Apan kun atong bayran kadtong mga tuig nga nagpasagad ang kanhi nagdumala sa lalawigan ,we need P424.8 million. Asa man intawon ko mangita ana nga kantidad nga bisan ta-ay wala may iyang gibilin sa panudlanan sa lalawigan!” Gov. Emano said. The province also has to subsidize the operation of eight provincial hospitals with a budgetary allocation of some P100 million, which wou ld cause t he hea lt h expenses of the province to balloon beyond imagination. “This is why we have to design our own health insurance program for our people, which is less costly, but with more benefits and wider coverage,’ Emano said. CD/PPO

TRANSFER CERTIFICATE OF TITLE NO. T- 44759 A parcel of land (Lot 24,Block 15, of the subdivision plan (LRC) Psd-99457, being a portion of Lot 14-C, described on plan (LRC) Psd- 99090,LRC Record No. 48251), situated in the Poblacion ,Municipality of Medina ,Province of Misamis Oriental,Island of Mindanao.Bounded on the NE., points 4 to 1 by Lot 22; on the SE., points 1 to 2 by Lot 23; on the SW., points 2 to 3 by Lot 26, all of Block 15; and on the NW., points 3 to 4 by Road Lot 13, all of subdivision plan. Beginning at a point marked “1” on plan being S. 47 deg. 59’W., 601.84 m. from B.L.B.M. 2, Medina, Misamis Oriental; thence S. 76 deg. 14’W., 15.00 m. to point 2; thence N. 13 deg. 46’W., 20.00 m. to point 3; thence N. 76 deg. 14’E., 15.00 m. to point 4; thence S. 13 deg. 46’E., 20.00 m. to the point ; of beginning; containing an area of THREE HUNDRED (300) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl. Conc. Mons. 15 x 60 sq. m.; bearings true; declaration 1 deg. 33’E., date of Original Survey, November 6- December 15, 1931 and that of the Subdivision Survey, January 11-31, 1969 is registered in accordance with the provisions of the Property Registration Decree in the name of EUDY G. AMONCIO,married to ROSILIE M. AMONCIO,Filipino, of legal age, with residence and postal address at South Poblacion, Medina,Misamis Oriental. In the event of failure of bidding or auction sale cannot take place for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective bidders/ buyers may investigate for themselves the title and tax declaration herein above described and encumbrances thereon, if any there be.

Medina,Misamis Oriental,February 20, 2014.

(Sgd.) ALFRAN R. MABELIN Sheriff IV RTC-Branch 42 Medina,Misamis Oriental BWM: March 5, 12& 19, 2014

MISAMIS ORIENTAL – VICE GOVERNOR JOEY G. PELAEZ (6th from right) and the Honorable Members of the Sangguniang Panlalawigan of Misamis Oriental visited the Coconut Palace, the Official Residence of Vice President Jejomar C. Binay, to deliver the Sangguniang Panlalawigan Resolution for the allocation of funds for the resettlement of displaced informal settlers in Lugait, Misamis Oriental. Vice President Jejomar Binay is the Chairman of Housing and Urban Development Coordinating Council (HUDCC). They were welcomed by Former Makati City Mayor Elenita Binay (6th from left) and Senator Nancy Binay (5th from right). From left to right are Hon. Benedict Lagbas, Hon. Vincent Pelaez, Mrs. Fleurdeliz Lagbas, Hon. Mercy Grace Acain, Hon. Bing Dumadag, Hon. Nancy Madjos, Hon. Jabi Bernaldez, Hon. Boris Actub and Hon. Mario Emano.

BusinessWeek MINDANAO

14

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

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wed-thu|march 12-13, 2014

NEDA... from page 2

immediate hiring decisions, the additional labor supply will remain unemployed, especially if their skills do not match the requirements of the firm,” he explained. “A strategic response, then, is to encourage more employment opportunities in these places of refuge. In other words, the safety net should be cast wider to include the towns or provinces adjacent to the disaster-stricken areas,” Balisacan said. But he noted that on the supply side, these refugees normally do not possess documentary evidence of employability, making it more difficult for them to be employed. “Employment facilitation strategies should then be re - d e s i g ne d to i nclu d e mechanisms to re-construct proof of employability,” said Balisacan.

Hedcor... from page 2

power plant is part of their ancestral domain. C ommunity shares, construction of their tribal hall and programs on corporate social responsibilities are being extended to help with the communities’ socioeconomic development. As the leading force in run-of-river hydropower development in the country, Hedcor proactively seeks better solutions towards a better future. Currently, Hedcor is also working to complete the pertinent requirements for the 69 MW Manolo

Fortich Hydropower Project in Bukidnon and for the completion of the ongoing construction of 14 MW S a b a n g a n Hy d ro p ow e r Project in Mt Province. (Hedcor)

Aboitiz... from page 4

Market [WESM] where it will be exposed to the volatility of the market prices,” added the ERC. B a s e d o n C E l C o r ’s September 2013 billing period, sourcing power from SNAP-BI would result in a rate reduction of P0.8390 per kilowatt-hour (kWh) as against TLI’s rates. “The market-based pricing offered by SNAP-BI insulates CElCor from these constraints. Instead of passing on all the hydrology and market risk to CElCor, SNAPBI takes these risks as the entity that it more capable of managing these constraints,” stated the application. SNAP-BI will sell power to CElcor at prices ranging from P2.71 per kWh to P6.15 per kWh. “If provisional approval is not granted, CElCor will be constrained to source power supply from WESM and its customers will be exposed to a bigger risk of the volatility of the rates in the WESM to the detriment and prejudice of CElCor’s consumers,” it added.

DOST...

the DILG will mobilize local government executives to participate in the campaign and come up with disaster risk reduction plans. Local chief executives and disaster managers can think and act two steps forward by anticipating and with the use of scientific data and able to know the potential of a hazard to wreak havoc in communities. The event featured plenary session that discussed the hydrometeorological and geological hazards in Northern Mindanao and an overview of DOST’s National Operational Assessment of Hazards (NOAH) and Disaster Risk Exposure Assessment for Mitigation

(DREAM) projects and Office of Civil Defense’s Disaster Information for Nationwide Awareness (DINA) drive. “E a c h mu n i c ip a l it y, city, province and region has distinct landscapes and vulnerabilities. Through this, we hope to learn from each other on how to spur better teamwork among the national government, LGUs and communities because disaster risk reduction strategy calls for us to work together,” said Asec. Iboro.

Resources... from page 11

priority focus on appropriate management of land and water resources and biodiversity management for food security

REPUBLIC OF THE PHILIPPINES) ) SS. AFFIDAVIT OF CLAIM WITH WAIVER OF RIGHTS We, ARMINDA MUGOT GALARRITA,ROSALIA MUGOT DOMLOAN,CANDIDA B. MUGOT,LORENZO B. MUGOT,LUCENA B. MUGOT,MELVA B. MUGOT AND BENJAMIN MUGOT all of legal age, Filipino, and residents of ZONE 4 ALO,EL SALVADOR MISAMIS ORIENTAL, after having been duly sworn in accordance with law, hereby depose and state, that: 1. We hereby declare that we are the only surviving heirs of the deceased depositor, VALERIANA B. MUGOT, who died on August 31, 2004, a copy of the Certificate of Date is hereto attached as Annex “A”. Likewise, we further state under pain/penalty of perjury ,punishable by imprisonment under the Revised Penal Code, that we do not know any other heirs of the decedent;further,decedent does not have any known debts or obligations unpaid at the time of his/her death; 2. At the time of his/her death, he /she left Savings Deposit Accounts/s with the Philippine Veterans Bank- CAGAYAN DE ORO Branch under Savings Account No. 0023373090100 with a balance of 383,198.17; 3. The aforesaid deposit is the only property/asset of the said deceased depositor; 4. We hereby request the Philippine Veterans Bank- CAGAYAN DE ORO Branch, to release the balance of the said deposit account in favor of LUCENA B.MUGOT and/or to transfer the balance of said deposit account to an in his/her name,we,his/her co-heirs,having waived our rights over the said deposit account in his/her favor. 5. We hereby hold the Philippine Veterans Bank free and harmless from any claim/suit that may be brought against it by reason of the release of the said amount in favor of LUCENA B.MUGOT and we hereby undertake to indemnity the said bank in the event it suffers damages should any heir or creditor subsequently claim deprivation of any rights by virtue of this release and settlement.

from page 11

respective regional activities. DENR will share its maps, DND-OCD will help local governments prepare their disaster plans using DOST’s tools and technologies, and

Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118,filed by YUSAY CREDIT & FINANCE CORPORATION, Cagayan de Oro City, against ALFREDO S. MAGNO married to ALOMA C. MAGNO,with postal address at 1561-Bontog,Camaman-an,Cagayan de Oro City, to satisfy the mortgage indebtedness which at present amounted to THREE HUNDRED FIFTY THOUSAND PESOS (Php 350,000.00), Philippine currency, exclusive of interest & penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at public auction on March 31,2014, at 10:00 a.m. or soon thereafter at the main entrance of the RTC-BR.20,Hall of Justice lobby, Hayes St., Cagayan de Oro City to the highest bidder, for CASH in Philippine Currency, the following property/ies described below with all the improvements included thereon, to wit: TRANSFER CERT.OF TITLE NO. T-160541 “A PARCEL OF LAND INCLUDING IMPROVEMENT THEREON: (Lot 1-B-4, Psd-10-045946,Portion of Lot 1-B,Psd – 10-043409,As Surveyed for : Alfredo S. Magno ; Land Use : Mangoes & Bananas; Location : Bugo, Cagayan de Oro City. Island of Mindanao. Bounded on the SE., line 8-9 by Lot 1-B-1,Line 9-10 by Lot 1-B-2,lines 10-11-12 by Lot 1-B-3,all of Psd-10-045946,line 12-13 by Lot 19708; SW., lines 13-14-15-16 by Lot 19712, lines 16-1718-19 by Lot 19699, all of Cad -369-D,lines 19-20-21-22-23-24-25 By Lot 3, Pcs -10-001773 Dried Bolocboloc Creek; NW., lines 2526-1 by Lot 1-A,Psd-10-043409,lines 1-2 by Lot 3,Pcs-10-001773 Dried Bolocboloc Creek, NE., 2-3 by Lot 21083, Lines 3-4-5 by Lot 19705 lines 5-6-7 by Lot 19706, line 7-8 by Lot 19707, all of Csd-369-D xxx. Registered in the name of ALFREDO S. MAGNO married to ALOMA C. MAGNO. Containing an area of NINETY THOUSAND (90,000) SQ .M. more or less.” All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event Auction Sale cannot take place for whatever legal reason ,the same will proceed on the following working day, without further notice,posting and publication. Prospective buyers may investigate for themselves the title herein above-described and encumbrances thereon, if any there be. Cagayan de Oro City, Philippines, February 20, 2014.

FOR : THE PROVINCIAL SHERIFF BY:

(Sgd.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

BWM: Feb. 26, Mar. 5 & 12, 2014

Tudela Maayor Estela ObutEstaño, IBAMO secretary; Jimenez Mayor Rosario Kais Balais, IBAMO treasurer; and Sinacaban Mayor Cris Mahilac, IBAMO executive board member. Officers from the different Municipal Agricultural Offices (MAO), Municipal Planning and Development Offices (MPDO), Community Environment and Natural Resources Offices (CENRO), Sangguniang Bayan (SB), Provincial Planning and Development Office (PPDO), Philippine National Police (PNP), Philippine Coast Gu ard ( P C G ) and t he Philippine Maritime Institute (PMI) also participated in the event.

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE File No. 2014-040 Upon Extra-Judicial Petition for Sale under Act 3155 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund), a government financial institution duly organized and existing under and by virtue of Republic Act No. 9679,with principal office at The Atrium of Makati, Makati Avenue, Makati City and with branch office at PAG-IBIG Fund Bldg., J.R. Borja St., Cagayan de Oro City, against MICHELANGELA C. RAGPALA married to KENNETH P. RAGPALA, with postal address at No. 125,Adelfa Ext., Zone 7A,Carmen,Cagayan de Oro City, to satisfy the mortgage indebtedness which as of January 22,2014 amounts to THREE HUNDRED EIGHTEEN THOUSAND SIX HUNDRED FIFTY SIX PESOS & 32/100 (P318,656.32), Philippine Currency , inclusive of interest and penalty charges, exclusive of attorney’s fees and other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff will SELL at Public Auction on MARCH 31, 2014 at 10:00 0’clock in the morning or soon thereafter at the Court Room of Regional Trial Court, Branch 39, 2nd Floor, Hall of Justice Bldg., Arch.S. Hayes Street, Cagayan de Oro City, to the Highest Bidder, for CASH and in Philippine Currency, the real property mortgaged together with all improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-202341 Registered in the name of MICHELANGELA C. RAGPALA “A PARCEL OF LAND (Lot 3615-A-3, Block No. 1, PSD-10-005593, being a portion of Lot 3615-A, PSD-10-004675). Situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on x x x. Beginning at x x x; containing an area of Two Hundred Fifty (250) Square Meters, more or less.” Prospective buyers/bidders may investigate for themselves the title herein-above described and Encumbrances thereon, if any there be. All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Cagayan de Oro City, February 24, 2014.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 20 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF File No. 2014-046

under its broader thrust on natural resource management. SEARCA and WorldFish also revealed the possibility of pushing some activities for IBAMO that will form part of the Agri-Aqua System (AAS) Project of the WorldFish. Dr. Angelito A. Alolod, WorldFish consultant; Alvin Tallada, SEARCA project management associate; and Ronald Salazar, SEARCA administrative assistant provided the necessar y technical and administrative assistance during the event. P r e s e nt d u r i n g t h e workshop were Panaon Mayor Francisco T. Paylaga, Jr., who is also the IBAMO chairman; Plaridel Mayor Diego Ty, IBAMO vice-chairman;

FOR THE EX-OFFICIO PROVINCIAL SHERIFF BY: BWM: March 5, 12 & 19, 2014

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 18 Cagayan de Oro City NOTICE OF EXTRA-JUDICIAL SALE File No. 2014-019 Upon extra-judicial petition for sale under Act 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND or PAGIBIG FUND, Mortgagee, against CHERYL I. ROSETE, mortgagor, with postal address at Rural Bank of Oroquieta,Barrientos St. Oroquieta City,to satisfy the mortgage indebtedness of NINE HUNDRED EIGHTY FOUR THOUSAND EIGHT HUNDRED FIFTY SIX PESOS and 30/100 (Php 984,856.30), inclusive of interest and penalty charges as of December 18,2013,plus expenses of foreclosure,the undersigned Sheriff will sell at public auction on March 14, 2014 at 9:00 a.m. to 4:00 p.m. at the Regional Trial Court,Branch 18,Room 117,Hll of Justice, Hayes St., Cagayan de Oro City, to the highest bidder for CASH and in Philippines Currency,the following property described below including all existing improvements found thereon,to wit: TCT No. T-184247 A PARCEL OF LAND (Lot 23,Block 20, Psd-104305017450,being a portion of Lot 3017-B, Psd-10-000810),including all improvements found thereon, situated in the Barrio of Carmen and Pagatpat,City of Cagayan de Oro, Island of Mindanao, Containing an area of ONE HUNDRED THIRTY SEVEN (137) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title herein above-described and encumbrance thereon, if any there be. Cagayan de Oro City, February 13, 2014.

FOR THE EX-OFFICIO PROVINCIAL SHERRIF

(Sgd.) NIZA P. TACANDONG Sheriff IV BWM: Feb. 26, Mar. 5 & 12, 2014

(Sgd.) JOSEPH C. MAAGAD Sheriff IV

BWM: Feb. 26, Mar. 5 & 12, 2014

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN THE MATTER OF Pet. for Not. Com No. 028-07-2014 PETITION FOR RENEWAL OF COMMISSION AS NOTARY PUBLIC ATTY. JONATHAN M. PUNO, Petitioner. X - - - - - - - - - - - - - - - - - -- - - - - - - - /

NOTICE OF HEARING NOTICE is hereby given that a summary hearing on the petition for notarial commission of Atty. Jonathan M. Puno shall be on March 24, 2014 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.

(Sgd.) DENNIS P. VICOY Acting Presiding Judge BWM: Feb. 26, Mar. 5 & 12, 2014

BusinessWeek MINDANAO

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

YOUR LOCAL ONLINE BUSINESS PAPER

wed-thu|march 12-13, 2014

Brownouts...

Rehab...

to look at the water level, so if water level is down, that’s another 50MW, so that’s another extra hour,” he stressed. Basically, the island is expected to suffer from four hours of rolling power outages during the peak demand months of summer. The energy chief similarly told rep or ters that his department is extending the investigation as to the cause of the system-wide power interruptions that literally plunged the southernmost grid into total darkness last week. Petilla said he would no longer speculate as to the “real cause” of the blackouts, although he indicated that National Power Corporation (NPC) already submitted its own report. In l ast we ek’s press conference, the Department of Energy and NPC cited that the grid-wide disturbance was due to technical glitch at the Agus 1 plant, while the preliminary statement had it traced to a tripping emanating from a transmission line connecting the Pulangui hydro plant to the system of the National Grid Corporation of the Philippines. While an extended probe is ongoing, the energ y department indicated that it will continually offer shortand long-term solutions to Mindanao’s power supply woes. He said though that the option on generator sets had not fared as expected, as only two electric cooperatives had it patronized for the additional supply needs of their customers.

along with Central Luzon, the country’s rice granary. Calabarzon will get the most funds under the latest release with P174 million, followed by Eastern Visayas with P81 million. The DBM said it rolled out P584.7 million to t he Nat iona l Ir r igat ion Administration (NIA) -an agency attached to the Agriculture department -- for the repair and restoration of irrigation infrastructure in several provinces. T h e f u n d re l e a s e i s chargeable against the NIA’s P3.49-billion allotment for irrigation network services -- one of its major final outputs for 2014 -- under this year’s P2.264-trillion national budget. “By giving sufficient budget support to the Agriculture department, the Aquino administration can give the NIA enough l e e w ay t o f u l f i l l t h e i r targets for 2014, specifically for shaping up existing irrigation systems across t h e c o u n t r y,” B u d g e t Secretary Florencio B. Abad was quoted saying in the statement. Abad also noted that the P584.7 million release comprises the entirety of DA- N IA’s 2 0 1 4 b u d g e t for the Restoration/ Rehabilitation of Existing Irrigation Systems, which is one of the subprojects covered by the irrigation administration’s Irrigation Network Services budget. Other subprojects listed under the irrigation administration’s Irrigation Network Services budget are the Extension/Expansion of Existing Irrigation Ne t w o r k s , t h e R e p a i r / Operation and Maintenance of Pump Irrigation Systems, Ir r igat ion Management Transfer Support Services, and Climate Change Adaptation Works. “We’ve designed the 2014 General Appropriations Act (GAA) so that irrigation projects under DA-NIA are not just comprehensive in scope, but also responsive to the agriculture sector’s long-term requirements, the demands of our climate change agenda, and the Aquino administration’s o n g o i n g c a mp a i g n f o r inclusive growth,” Abad said. “A l t o g e t h e r , t h e investments we’re making towards our national i r r i g at i o n s y s t e m s a r e only one component o f P r e s i d e n t Aq u i n o’s agriculture development agenda. Since the beginning of the Administration, it’s been clear to us that the agriculture industry needs to play a much larger role i n t h e d e v e l opm e nt of the Philippine economy, given the abundance of agricultural land and the p otential for growth in this particular sector,” he added.

from page 1

Stop... from page 1

trading scheme during a public hearing in Cagayan de Oro last Thursday. “It was ver y clear at the public hearing that the IMEM will not serve the best interests of the Mindanao power consumers,” Rodriguez said. Rodriguez added that presentations by the academic sector and industry executives “clearly showed” that the electricity market is sus cept ible to pr ice manipulation. “Instead of cheap e l e c t r i c i t y, M i n d a n a o consumers will have to pay an exorbitant rate of P32 per kilowatt hour,” Rodriguez said. Rodriguez, a member of the energy committee said Energy Secretary Jericho Petilla should order a stop to the trading and place all available supply of electricity in the Mindanao grid to stave off rotational brownouts that have been plaguing the island. A Mindanao-wide blackout occurred on Fe br u ar y 2 7 but u nt i l now (see separate story), investigations as to the cause of the power outage have yet to be completed. (Froilan Gallardo/MindaNews)

15

www.businessweekmindanao.com

ABELLANOSA Lechon House

from page 1

Corner Magsaysay Abellanosa St., Cag. de Oro City MANAGED BY :

KUYA ABS CDO EAGLES CLUB WE ACCEPT ORDERS: LECHON, HALANG-HALANG or SAMPAINA

FREE DELIVERY WITHIN CITY PROPER Contact:

09353742908 / 09265949729 / 0883091150

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte AIZA PUSO OGILVIE, CIVIL CASE NO. 07-751 Petitioner, - for - versus Declaration of Nullity of a Void Marriage… ROBERT CONSTON OGILVIE, Respondent. x------------------------/ SUMMONS BY PUBLICATION TO: ROBERT CONSTON OGILVIE Barangay Camanjac, Dumaguete City

G R E E T I N G S!

WHEREAS, on February 17, 2014, the Court issued an order granting the petitioner’s Motion to Serve Summons by Publication, the dispositive portion of which reads as follows: “Finding the same to be well taken and in order, let a service of summons be made in the newspaper of general circulation within the province of Lanao del Norte for 3 consecutive weeks at the expense of the petitioner.”

WHEREAS, Petition reads: “PETITION

COMES NOW Petitioner through the undersigned counsel and unto this Honorable Court respectfully alleges: 1. That Petitioner is of legal age, Filipino, married, and with residence at Purok 4, Titunod, Kolambugan, Lanao del Norte, Philippines, while Respondent is of legal age, American Citizen, Pensioner and sojourning in Dumaguete City, Philippines as his last known whereabouts, married, and with permanent residence at 1671 N. Virginia St., #108 Reno Nevada, United States of America, where or his last place of whereabouts he may be served with summons and other legal processes; 2. That sometime in the first quarter of year 2007, the Petitioner came to know about the Respondent thru Internet Chat or Emails while the former was still seventeen years old, and few months later upon attaining the age of majority or marriageable age, the Respondent went to the place of residence of the Petitioner afore-stated and proposed an instant marriage which thus took place barely a week upon the Respondent’s arrival thereat. Thus on August 28, 2007, the parties herein tied the matrimonial knot before the Office of the Municipal Mayor of Maigo, Lanao del Norte which is an adjacent municipality of Kolambugan, Lanao del Norte. Their marriage was duly registered as evidenced by a CERTIFICATE OF MARRIAGE, hereto attached as Annex “A”; 3. That after a week only upon such marriage, the Respondent went back to America and practically abandoned the Petitioner, as he did not leave any penny for the support of the latter. And when they rejoined and lived together, they transferred to Dumaguete City, Philippines. In the early period of their union as spouses, the petitioner started to find the respondent acting indifferently and unusually as he took for granted his obligations as a husband. He hardly provided a budget for their sustenance. And he had been nagging the petitioner, to the extent of blaming the latter of his economic misery. As often the petitioner would overhear the respondent talking in his phone and imputing his financial hardship onto her; 4. That throughout their cohabitation the respondent would never entrust any budget to the petitioner, and worse when they went out to buy foods, the former would ask an accounting of even a peso of any change thus often it was the source of their tussle and trouble. And at the thick of their marital conflict, the respondent would go out and hang with women and it was painful since he left the petitioner home penniless with no means to survive, because she has no properties much less any savings. Most of the time, she would beg from friends and mere Filipina acquaintances for sustenance and survival. 5. In the year 2009, the Respondent totally abandoned the petitioner, as they separated ways actually. The former went to somewhere and cannot be communicated, thus the latter opted to go home at Titunod, Kolambugan, Lanao del Norte and rejoined with her parents. After few months still in 2009, the Petitioner learned the fact of her pregnancy with the respondent. And still she could not trace the whereabouts of the respondent. Consequently on December 12, 2009, the petitioner delivered her only child named MEIL ARYANNA PUSO OGILVIE at her home, as shown in a CERTIFICATE OF LIVE BIRTH hereto attached as Annex “B”; 6. That up to the present, the parties herein did never find each other. In her inquiries with friends at Dumaguete City, the petitioner heard that the respondent had been sighted in the said locality with the company of different women. Thus, true to tell, the respondent had been an irresponsible husband to the petitioner, and a father to their child above-named; he had been remiss to comply with the basic and essential marital obligations of marriage as well as a father pursuant to the applicable and pertinent provisions of the Family Code of the Philippines specifically Articles 68 to 71 and 220 thereof; stated differently, the respondent is psychologically incapacitated to contract marriage particularly with the petitioner. And such incapacity is already present before marriage but manifested only after the solemnization of marriage, and such is so grave and that it is incurable; 7. That the psychological incapacity of the respondent would be established clinically and medically by the petitioner if required to do so at the discretion of the Honorable Court. And certainly the said incapacity is permanent. 8. That there is even reasonable suspicion by the petitioner that the respondent has been actually married abroad or at least husbanly bound in his country of origin as an American. Thus it is unfair for the petitioner being put in this predicament. Hence, a remedy in law should be eased up to her; 9. That the parties herein have no conjugal property of any kind whatsoever. And the child at present is in the custody of the petitioner at her stated address, which custody should remain with her due to the incapacity of the respondent. 10. That reconciliation is impossible, thus petitioner has no other recourse but to seek the declaration of nullity of their marriage grounded on psychological incapacity under Article 36 of the Family Code of the Philippines and as expounded in jurisprudence. WHEREFORE, premises considered, it is most respectfully prayed of this Honorable Court to render judgment: 1. Declaring the parties’ marriage solemnized on August 28, 2007 at Maigo, Lanao del Norte a nullity or null and void in view of the psychological incapacity of the respondent as provided under Article 36 of the Family Code of the Philippines; 2. To enter in the Book of Marriages, under Section 19 of the Rules on Declaration of Nullity of Marriage, the decree of such nullity, with the Local Civil Registry of Maigo, Lanao del Norte; 3. Granting custody of the child above-named to the petitioner; and 4. For such other relief as may be just and equitable in the premises. Tubod, Lanao del Norte, Philippines, May 24, 2013. (Sgd.) ATTY. OSOP B. OMAR Counsel for the Petitioner Crossing Highway, Tubod, Lanao del Norte Roll No. 40476; 04/11/’96 IBP Lifetime Member No. 06835 PTR No. 1830155; 01-02-2013 Tubod, Lanao del Norte MCLE CERT. OF COMPLIANCE NO. IV-0000137; 06-29-2010 NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the above-quoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision in the IBP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a Motion to Dismiss and instead allege the grounds thereof as defenses in the Answer. Tubod, Lanao del Norte, February 24, 2014. (Sgd.) ATTY. MARIA PTV ZALSOS-UYCHIAT, CPA Clerk of Court VI BWM: Feb. 26, Mar. 5 & 12, 2014

ASIA WORLD PAWNSHOP

Main: Osmeña-Cogon Market, Cagayan de Oro Branch: Ipil,Carmen , Cagayan de Oro NOTICE OF AUCTION SALE Starting March 7 , 2014 at 9:00 A.M. to 5P.M., this establishment will set an Auction Sale on all pledges since October 2013 . Patrons are enjoined to verify their receipts.

MANAGEMENT PAHIBALO

Sa Marso 7, 2013 sa may 9:00 sa buntag paingon da alas 5:00 sa hapon, ang Tanan nga penirenda nga wala malukat sa bulan sa Oktobre 2013 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo.

ANG TAGDUMALA

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

BusinessWeek MINDANAO

16

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

wednesday|march 12, 2014

Billboard

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

“Original na Bida” Campaign To Highlight Genuine Quality The motorcycle industry’s Big 4—Honda Philippines, Kawasaki Motor Philippines, Suzuki Philippines and Yamaha Motor Philippines—will promote the genuine qualityadvantages of using original motorcycles as they converge in the “Original na Bida” (OnB) campaign at the SM Cagayan de Oro City fromMarch 14-16, 2014. Now on its third year, the campaign reiterates the wise choice of original motorcycles and spare parts among motorists to promote safety in Philippines roads. It also aims to educate motorists that Japanese manufacturers make the best motorcycle units and parts because these underwent thorough studies using the latest research and development technologies to assure safety, high quality and premium design. Along with their commitment to safety, the Big 4 also offers safety-riding programs and recreational activities to patrons. The same companies are also known to observe strict compliance with government regulations and standards. That’s why customers are assured of riding high-quality motorcycles in the country. With the success of the safety and quality campaign, the “Original na Bida” drive has gained support from thousands of motorcycle enthusiasts in social media platforms and other groups for the past 2 years. Many posts in fan pages are inquiries on where to find or buy original parts for their motorcycles, while most simply shared their thoughts about the Big 4 brands in the country. But they all agree that it is really an advantage to own original motorcycle units as they cited its durability and reliability. Indeed, they are one in promoting original Japanese-designed motorcycles and parts.

In the three-day “Original na Bida” campaign, which will be held at the SM Cagayan de Oro City Event Activity Center from March 14-16, motorists will enjoy safety seminars, exhibits, raffles, games and spectacular entertainment. Other highlights of the campaign include the unveiling of OnB seal, booth tours, the Original na Bida video, and the premiere of the “Bida at Nagpapakabida” video that is also linked to the campaign. For inquiries about the Big 4 motorcycle brands, visit their nearest service centers nationwide. To know more about “Original naBida,” log on towww.facebook.com/OriginalNaBida.

Suzuki answers demand for fuel-injected bikes Suzuki Philippines makes its timely re volution to answer the increasing demand for fuel-injected bikes. The new Shooter J115 Fi and the R aider J115 Fi are the newest additions to the Suzuki family that spor t brand new fuel-injected engines. These two bikes are just simply the beginning for the Fi revolution which balances out the demand for more economical bikes at high running performance. This 2014, not only does Suzuki give a sneak peak on the ceiling of its new fuel-injected bike line, it also creates excitement on this revolution. With t he av ai l abi l it y of ne w te ch nol o g y,

p ossibilities of making things more economical and cost-efficient are now manifesting themselves and Suzuki sees this as an opportunity to strike while the iron is hot. B oth flagship models to the Fi movement are equipped with an Engine Control Module (ECM) that registers at 63 km/liter based on the standard ECE 40 test. This ensures value for money without sacrificing efficiency and performance. To know more about the Suzuki Fi Revolution, visit a Suzuki dealer near you or visit www.suzuki.com.ph and www.facebook.com/SuzukiBikersFed