BusinessWeek Mindanao (March 13, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 123

Market Indicators As of 5:55 pm March 10, 2017 (friday)

FOREX

PHISIX

US$1 = P50.36

7,146.27

6

X Briefly

cents

X

149.18 points

MisOr towns projects GOVERNOR Yevgeny Vincente B. Emano completed Friday the turnover of projects worth P13.2 million to four municipalities in Misamis Oriental.

Emano turned over the newly completed covered courts in Balingasag and Jasaan, towns east of Misamis Oriental.

On Thursday, Emano also turned over infrastructure projects worth PHP 5.7 million involving a two-class room building in Lugait and a covered court in Naawan, towns west of Misamis Oriental.

During the turnover ceremonies, Emano said that the provincial government would deliver more infrastructure projects in the future in order to address the needs of the people in Misamis Oriental.

Longer days INCREASINGLY longer daytime and earlier sunrises will occur beginning this month in the Philippines and other Northern Hemisphere countries.

Such developments will follow the annual vernal or spring equinox that will occur on Monday (March 20) at 6:29 p.m. (Philippine Standard Time), said weather observer Rex Guerrero of the state weather bureau, PAGASA. “The length of day and night will be nearly the same during the equinox and daytime in the Northern Hemisphere will begin lengthening while sunrises here will increasingly occur earlier,” he said.

YOUR Mindanao-wide BUSINESS paper

RELIABLE

IN-DEPTH

ASEAN 2017 meetings aim to develop MSMEs www.businessweekmindanao.com

P15.00

Monday | March 13, 2017

R

EDUCING regulator y bu rd e n s to pro v i d e a conducive environment to micro and small and medium enterprises (MSMEs) growth will take center stage when the Philippines hosts the third Southeast Asia Regional Policy Network on Good Regulatory Practices (GRPN) on March 14 to 16 in Iloilo City.

Socioeconomic Planning Secretary Ernesto Pernia said the Association of Southeast Asian Nations (ASEAN) members would work on standardizing business registration in the region. “(In terms of the) number of signatures needed and the number of days required to get registration of a business,” he told reporters.

“We’re going to emphasize similarities and work on the differences so there can be smoothing so some congruence can be achieved.”

Pernia, also Director-General of National Economic and Development Authority (NEDA), said the GRPN meeting will address develop/PAGE 11

MEAT PLANT. A worker cuts chunks of meat using an automatic cutting saw at the newly inaugurated meat cutting plant in Butuan last week. The facility is a joint undertaking of Pilmico Feeds of Aboitiz Group, Happy Enterprises and Winrock International through the USDA supported Philippine Cold Chain Project (PCCP). The plant aims at providing safe and hygienic meat and likewise boosts swine production in Caraga. Photo by Jun Ayensa

Cag. de Oro dads want stricter implementation of billboard law THE Cagayan de Oro City Council are pushing for the strict implementation of the billboard law, especially in overpasses.

City Vice Mayor Raineir Uy on Friday, however, emphasized that the national law on billboards should prevail over the local law.

Uy made the statement in response to allegations

by City Councilor Teodulfo Lao that there is an existing stricter/PAGE 11

Duterte asks Mighty Corp. owner to pay P3B Members of the Army’s elite Light Reaction Regiment participate in the simulation exercise of the Joint Task Force Haribon showcasing its capability and readiness in Davao City on Wednesday (8 March 2017). The task force is a composite unit of the Armed Forces of the Philippines and the Philippine National Police tasked to secure the Davao Region. MindaNews Photo

By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- President Rodrigo Duterte is willing to drop the tax evasion case against Mighty Corporation

president Alexander Wongchuking but he must pay the government P3 billion.

During the “Meeting with the Local Chief Executives in Mindanao” at the SMX Convention Center Davao, Duterte said this was double pay/PAGE 11

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

2

DA 10 polishes corporate rice farming program A MEETING was called to polish the agreements made for the Corporate Rice Farming Program in region 10.

The program aims to a d d re ss t h e l a ck of accessibility and availability of rice, especially to the marginalized sectors of the society without sacrificing the welfare of rice farmers.

Director Lealyn A. Ramos from the Department of Agriculture-Central Office pre s ente d t he busi ness side of the program to the Maramag Community Multi-Purpose Cooperative (MACO MPC) represented by their Chair, Calixto Daquiado as the identified pilot farm service provider (FSP) that will implement the program.

Also presented was the marketing aspect in relation to rice farming for the FSP in order to help attain rice pro duction and answer the needs of the people.

Given the chance to augment income to FSPs and local farmers, also presented were the potential institutional buyers in the city and the province of Bukidnon.

With this partnership, DA will provide the appropriate farm inputs, technologies, and ser vices to the FSP t o i n c re a s e t h e i r f ar m productivity and ensure adequate supply of rice in the locality. By providing an assured market for the farmers, the program will encourage them to venture into rice production that farming/PAGE 11

Economy

CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao

Monday|March 13, 2017

Bukidnon beefs up against Cassava Witches Broom A BOUT50participants, staff comprising from the provincial and municipal agriculture offices of Bukidnon, Bureau of Plant Industry (BPI) and the Department of Agriculture – Regional Field Office 10 (DA-RFO 10), represented by the Regulatory Division, assembled for the Cassava Witches Broom (CWB) Action Team meeting in Malaybalay City, Bukidnon.

The meeting sought to strengthen the engagement of the two cities and 20 municipalities of Bukidnon for the planning of inspection and evaluation of cassava areas, and further assess and review the Quarantine Special Order

RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide

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

DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

1, Series of 2015, placing the province under quarantine where CWB exists.

Anchoring on the latter order issued by BPI, providing that movement, transfer or carrying of cassava plants/ planting materials from Bukidnon to any other provinces is prohibited, lo c a l gover nment unit representatives have agreed to gather their concerted efforts to lift the issuance of said order, as it will translate in

preventing cassava farmers to sell planting materials to other interested cassava producing areas and depriving them the access to have source of healthy planting materials, as well.

In response to the issue, it was recommended to have a strengthened informationdissemination campaign on CWB to prevent and minimize the occurrence and/or spread of the disease and to also seek the provision of interventions

in augmenting the income of cassava farmers amid the prohibition of conveying cassava plants/planting materials outside Bukidnon.

CWB is one of the most systemic diseases of cassava caused by a specialized bacterium known as Phytoplasma that considerably reduces root yield and starch content, thus also decreasing farmers’ productivity and income. (JLOlson, DA-RFO 10)

Teaching in the Digital Age

By Agnes R. Abalde Teacher I, Imbatug Central Elementary School

Teaching in 2015, and beyond, requires a new approach because of changes in the economy and technology.

Faculty and instructors are continually facing questions on how they can effectively teach an increasingly student population; how they can engage and support their students as cl ass sizes increase; how to use multimedia and other digital resources to conduct high quality classes, and a host of other questions.

There are also question on what strategies work best when teaching in a technology-rich environment, how to make choi c e s among a l l t he available media, whether text, audio, video, computer, or social media, in order to benefit the students in various subjects.

How d o I mai nt ai n quality of teaching,

learning, and resources in a rapidly changing learning environment?, a teacher may ask. theory, options, best practices, point-by-point strategies – offering clear, practical, and actio While understanding and respecting the individual nature of teaching, it is always important to remember that theory, options, best practices, point-by-point research and guidance based on research and best practices are helpful.

It’s time to allow students to learn new technologies.

Modern learning tools today, such as the internet, make it possible for students to learn about other countries and people. Of course, textbooks are still sufficient, yet, there is nothing like learning languages, cultures, and communication skills from actually talking to people from other parts of the world.

Teaching students how to use the tools in their hands could be more challenging and fun.

The digital-age teacher can encourage students to handle their devices as valuable tools that support knowledge (rather than distractions). Why not allow cell phones in class and teachers try to help students in learning every new vocabulary word? Might we give it a try?

Different students have different needs when it comes to help with new vocabulary or questions. Teaching students to be independent, and learn how to find answers they need, makes the class a different environment.

Encourage student and teacher blogging. Even beginners of English could see the value of writing for real audience and establishing their digital presence.

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

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

Monday|March 13, 2017

3

Motoring

SUV for the urban jungle – Ford Ecosport As the name suggests, the Ford Ecosport was designed to give you economy and versatility in a cute little package. It of fers you more of what you need, and less of what you don’t.

So unbeatable fuel economy and responsive power are in. Regular trips to the fuel pump are out. The 1.5 liter Ti-VCT delivers power that’s ready to go when you are, without getting greedy at the petrol pump.

Twin independent variable cam timing automatically adjusts to make sure the

engine works at optimum efficiency. The EcoSport’s drag co-efficient of 0.365 means more fuel savings.

From its ‘teardrop’ design profile to little details like the rear pillar kicker, it all works to limit wind resistance and reduce fuel

c on s u mpt i on . L o o k i n g for the fuel efficiency of a manual with the ease of an automatic? Its 6-speed Powe r Sh i f t automat i c transmission delivers both, with two clutches working in tandem for gear changes you’ll hardly notice. Of

course, if you love a manual, you’ll love the responsiveness of our 5-sp e e d manual transmission.

Like any SUV, this urban SUV is about getting you where you want to go. It puts 200mm of ground cl e ar anc e b e t we e n you and the road, potholes, ditches or whatever else is in your way. Add good approach and departure angles, plus 550mm water wading, and you’re pretty much ready for anything.

The EcoSport is sized to fit easily in crowded cities.

But it still gives you plenty of space inside. Fold-down the 60:40 rear seats and you get 705 liters of space in the back. That’s big enough to fit a 560-liter washing machine.

Keep one of the split rear ford/PAGE 11

GILBERT Y. CHAO - Motoring Editor

All-new Porsche Panamera now in the Philippines The first generation of the Porsche’s luxury four-door sedan made an auspicious debut at the 13th Auto Shanghai International Motor Show in 2009. Filling the need for a distinctly Porsche vehicle bestowed with space, luxury, and ever yday usability, the Panamera helped open the door for a wider appreciation of the Stuttgart-based super car brand and its sporty heritage.

N o w, t h e m u c h awaited all-new iteration of t he veh icle name d after the famous Carrera Panamericana competition – a border-to-border race on Mexico’s open roads which ran in the early 1950s – arrives in Manila.

Rather than a gradual

evolution, the all-new Panamera marks a revolutionary step in design and performance. Unveiled in Berlin, Germany in June last year, the second iteration is simultaneously longer (by 35 millimeters), wider (by 5 mm), and taller (by 5 mm) than its predecessor.

While promising more room and better ergonomics, the Panamera strikes a more s p or t s c a r- l i k e prof i l e than before. Porsche’s designers have nixed the old hatchback-like shape in favor of lines that more directly connect the Panamera to its smaller, iconic sibling in the 911.

Initially available in the Philippines is the potent Panamera Turbo variant.

Porsche/PAGE 11

4

Opinion

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

monday|March 13, 2017

EU and ASEAN - A Restart?

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor JOEL ESCOL

BONG FABE

Feature Editor

Associate Editor

CLIFFORD SANTILLAN Layout Artist

JUN AYENSA

shyne campaner

Regional Editor Caraga

Advertising

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

manila office: Unit 310 Valero Plaza, Valero Street, Salcedo Village, Makati City; lani vallido-Marketing Manager Shiena Shyne Campaner & Wemalyn Garcia Marketing Staff - CDO

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City.

It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463826-272-000 – VAT. Reg., and with Business Permit No. 201512879. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

Member: Philippine Press Institute Oro Chamber

The Good-For-Nothing Think a minute…Guiseppe’s Papa came from a family of fishermen. In fact, for 300 years the men in his family had been fishermen in the country of Sicily. His Papa eventually moved to San Francisco where he continued their fishing business. Eventually they had 9 children. All the boys from the time they could walk helped Papa on his fishing boat. All the sons, except Guiseppe! Guiseppe simply could not go because he got so terribly seasick. His stomach just could not take the motion of the boat, or the strong smell of fish. But even when his dad saw how sick Guiseppe got on the boat, he did not accept it. He always told his son Guiseppe that he was good-for-nothing.

Guiseppe was very hurt by his father always criticizing and putting him down. But he still tried his best to help his family in some way. So as a young boy he went out on the streets and worked every job he could find to bring money back to his father. But instead of his Papa being proud of his hard-working son, he kept telling Guiseppe he was lazy and good-for-nothing.

Finally, Guiseppe just gave up on ever pleasing his dad.

He got involved in sports

THINK

A Minute

These are really good news: the European Union and ASEAN are ready to restart free trade talks!

The EU and the 10-member bloc of Southeast Asian states are to put a trade pact back on the agenda after a 7-year hiatus. Currently only Singapore and Vietnam have free trade deals with Europe.

Trade ministers of the two regional blocs said in a joint statement on Friday ( y e s t e r d ay ! ) t h e y h a d asked officials to develop a framework for a future free trade agreement (FTA). EU Trade Commissioner Cecilia Malmstrom said talks would restart, but there was no so far no targeted time-frame.

In my opinion: no problem, most important is, ready to restart trade talks. Or as Mrs. Malmstrom voices out in Manila: “We believe it is important to connect two growing markets and to take away as many obstacles to trade.

Having a region-to-region agreement between the EU and ASEAN is a long-term goal we’ve been discussing for many years. We are now taking steps towards this.”

I also agree with Philippine Trade Secretar y Ramon Lopez saying talks would resume in an attempt to counter uncertainties arising from “growing protectionist and inward-looking policy stances” that often blame

trade for the loss of jobs because of automation and industrialization.

His comments were aimed at US President Donald Trump, who has vowed to impose tariffs on imports and bring back American jobs lost to other countries.

Trump has also withdrawn the US from the TransPacific Partnership (TPP) with several Asia Pacific rim countries, which included the ASEAN bloc.

The original negotiations between the EU and ASEAN began in 2007 but were suspended two years later due to the difficulties of agreeing a common set of standards among the 10 Southeast Asian countries,

H ave M y Say

Klaus Doring

which include Indonesia, Thailand, Malaysia, Myanmar and the Philippines.

Of course, human rights still an issue! A requirement

by Brussels to consider human rights in its trade policies may also have been an issue. The EU has FTA’s with Vietnam doring/PAGE 11

Development is Becoming More Dependent on Higher Education Institutions The current scenario has already changed. And have our colleges and universities ever realize this?

Higher education institutions can no longer be just centers of teaching, research and the usual mode of “community extension”.

The rationale for their existence, which is for the development of specialized disciplines, has already evolved into something more-they are now the primary harbingers of development.

Inevitably, universities live in the new context. First, societies have transformed from the industrial stage into the knowledge-based era in which the academia plays a greater role in innovation and development. In the new era, we no longer depend on the factors of production to raise the notch of our economy.

Rather, we now capitalize on ideas which are transformed into commercial products or services. So, the game has changed: it is the holder of disruptive ideas who call the shots.

Second, flexible smaller scale high technologies that can be used by small organizations had supplanted large-scale physical technology. Investment in technology no longer needs a big risk of capital outlay; thus, small organizations can make use of these technologies without much difficulty.

School leaders who once were hesitant about technological investments will become more aggressive than before.

Third, the milieu highlights the emergence of polyvalent knowledge that can be capitalized and publishable in such areas as biotechnology, computer science and nanotechnology.

The nature of knowledge has evolved into a fusion of disciplines. Silo thinking is too expensive, more than being awkward.

Fourth, we cannot ignore the morphing of universities that incorporate a classic ivory tower focus on discipline development into those that integrate a culture of entrepreneurship,

innovation and technology transfer. Globally speaking, universities are now the seedbed of new companies, new products and services.

This is in the hub of their networks in the knowledgebased economy.

When friends ask me why I have focused my researches ( b e y on d my a c a d e m i c requirements) on academiaindustry collaboration, I point them to the four emerging trends in the milieu mentioned earlier. Though our universities are not yet at par with those in advanced economies, they have a great moral responsibility. It is their responsibility to transform knowledge into outcomes that generate revenue. Thus, they need to partner with the industry. They need to invest in R & D (research and development). They need to create spin-off companies, the likes of those from UP Marine Science Institute-Biomart Asia, Inc., which make skin care products made from terrestrial and marine, herbal extracts; and

lucell larawan Vivotech Labs, Inc., which offers animal testing services that market recombinant vaccine design services. These are possible among local universities as they realize their primary role in the province’s development.

The investors think: what is the real benefit of investing in R & D? According to Thurow (1999) who computed the calculus of R & D investment based on eight different studies, the social return—total economic returns to the whole society— of R & D investment is 66 Larawan/PAGE 10

Search for outstanding Filipinos continues Jhan Tiafau Hurst and discovered that he was a very talented, natural athlete, especially in baseball. In fact, he became the most successful son in his whole family. That young boy whom his Papa had always called good-fornothing, became one of the greatest professional baseball players in history. You may have even heard of Guiseppe by his American name, Guiseppe…Joe…DiMaggio.

You see, Guiseppe Joe Dimaggio refused to believe all the bad things his dad said about him. He never stopped trying until he finally found his special abilities. So even if your own family has told you that you’ll never be successful and that you’re good-fornothing, don’t believe them.

Just forgive them and know that your heavenly Father Hurst/PAGE 11

Do you know a teacher, a soldier or a police officer who is a role model of excellence and integrity and who has gone beyond the call of duty to serve others?

This individual could be right next to you - your fellow worker, neighbor, community leader. This individual goes about the job sans fanfare but without even knowing it, he/she, by precept and example, has inspired and lifted others in more ways than one.

If you do, seize this opportunity to let the rest of the country know what your next door hero has done for the community and for nation-building, that others may be empowered to do likewise.

You have until March 24 to submit your nomination for the “2017 Metrobank Foundation Fellows in Public Service” awards.

B y S e p t e m b e r, a distinguished group of judges will choose from among the nominees ten awardees: 4 teachers, 3 soldiers and 3 police officers.

Each awardee will receive a cash prize of P1 million pesos, a trophy, and a medallion.

Also, each awardee will have the opportunity to share his/her experience and best practice, through lectures, to a wider audience across the country.

Be yourself an agent for p ositive change by participating in the process of selecting local heroes in the academe, military or police service.

You m ay o bt ai n a nomination form online through any of the following: bit.ly/2017MBFIOF; www. mbfoundation.org.ph or through the Facebook page “Metrobank Foundation

Outstanding Filipinos”.

Your nominee/s must have the following qualifications: -Minimum of 10 years of service with at least “very satisfactory” rating in the last 10 years. Those who are set to retire must have at least 3 remaining years of service.

-Qualified elementary and secondary teachers must have completed academic requirements for Master’s Degree while Higher Education teachers must have a doctorate degree.

-Qualified AFP c om m i ss i one d of f i c e rs (Captain to Colonel) must have completed a Bachelor’s Degree while AFP enlisted personnel (Corporal to Chief Master Sergeant) must have completed a High School degree.

-PNP commissioned officers (Police Inspector to Police Senior Superintendent) and non-commissioned

SPEAKING

O ut

Ignacio Bunye officers (PO2 to SPO4) must have completed at least a Bachelor’s Degree.

-Nominees must have exhibited good moral character and must not have been charged guilty in any administrative or criminal case.

You may submit your nomination/s directly to the Metrobank Foundation, Inc. Secretariat or to any bunye/PAGE 10

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

Monday|March 13, 2017

5

6

CorporateWorld

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

Monday|March 13, 2017

Monte Pacific turns AboitizPower 2016 net gain Del profitable in @1Q shoots up 14% year-on-year

A

B OI T I Z Po w er Corporation ( A b o i t i z Po w e r ) reported a 14% increase in income performance for the full year 2016 to P20 billion from P17.6 billion in 2015.

T he p o s it ive re su lt , attributed to the strong performance of its generation business, translated to earnings per share of P2.72.

The company registered a net non-recurring loss of P612 million (versus the previous year’s loss of P762 million) mainly coming from forex losses from revaluation of dollar denominated liabilities, re f i n an c i ng c o s t s , an d goodwill impairment.

Adjusting for these one-offs, its core net income rose by

12% to P20.6 billion from P18.4 billion in 2015.

Power generation Ab o i t i z Po w e r ’s generation business a c c o u nt e d f o r 8 2 % o f the company’s earnings, recording an income share of P16.3 billion for 2016, up 17% year-on-year.

The growth was largely driven by fresh contribution from Therma South.

Netting out one-off items, the generation business generated P17.2 billion or an increase of 16% from 2015.

M e a n w h i l e , AboitizPower’s attributable net energy sold rose by 8% to 13,495 gigawatt-hours (GWh) from 12,550 GWh, as electricity sold through bilateral contracts which made up 91% of total energy

sold last year expanded by 8% to 12,279 GWh. Spot market sales increased by 4% to 1,216 GWh from 1,168 GWh. In terms of capacity, these translate to 2,097 megawatts (MW) of attributable energy sold.

As of end 2016, AboitizPower’s net sellable capacity is at 2,975 MW after the Philippine Competition Commission’s approval of the GNPower Mariveles acquisition. s“Amid the rising demand for power generated by a growing economy, we will work hard to further strengthen our relationships with our various stakeholders and customers. We are looking forward to add more capacity in the next few years and move closer to our target generating capacity

of 4,000 MW by 2020, to be sourced from a balanced mix of energy sources,” said AboitizPower President and Chief Operating Officer Antonio R. Moraza.

Power distribution The power distribution business, which contributed 1 8 % of t h e c omp a ny ’s earnings, reported a 4% drop in earnings share to P3.4 billion from P3.8 billion.

To t a l a t t r i b u t a b l e electricity sales increased by 7% YoY, to 5,105 GWh from 4,759 GWh as energy sales grew across all customer segments. Meanwhile, the group’s gross margin on a per kilowatt-hour basis decreased to P1.59 from P1.61 a year ago. The decline mostly came from the underrecoveries as a result of a shift in supply mix.

Prof. Andreas Heinemann-Grubber of Bonn University’s Center for Global Studies speaks on federalism before a captive audience of barangay chairmen from Cagayan de Oro at VIP Hotel last Tuesday. Heinemann-Grubber was here upon the invitation of Vice Mayor Raineir Joaquin Uy, Dean Manny Jaudian of Phinma Education Network and Gusa barangay chairman Marlo Tabac. PHOTO BY MARK FRANCISCO

DEL Monte Pacific Ltd. reported a net profit of $8.5 million in the third quarter of its fiscal year, reversing the year-earlier loss of $4.8 million, the company told the stock exchange on Friday.

Without a non-recurring item, the company posted a profit of $11.6 million, more than five times the previous year’s recurring profit of $2.1 million.

“Our significantly higher profit was driven by strong sales in the Philippines and S&W Asian markets as well

as operational efficiency improvements resulting in cost reduction,” said Joselito D. Campos, Jr., Del Monte managing director and chief executive officer, said in a statement.

“We continue to build on the consumption driven growth in Asia as our team optimizes opportunities in both the retail and foodservice sectors,” he added.

The company said its Philippine sales grew as the group moved to tap Profitable/PAGE 10

Who is the Ideal Teacher?

By Agnes R. Abalde Teacher I, Imbatug Central Elementary School

THEORETICALLY, no teacher will ever become totally ideal because it would mean that the teacher has achieved such a level of perfection that she or he no longer requires further effort toward improvement and, consequently, growth would be stagnant.

Ho w e v e r, a n i d e a l teacher is admired because he or she possesses the following characteristics: He or she has unassailable command on his subjects; and knows fully the contents of the subjects which he or she has to teach.

Tr u l y e x c e p t i o n a l teachers are scholars and are constantly reading and upgrading themselves in their subjects. The tone of expression of the ideal teacher is not irksome but is pleasant.

An ideal teacher has a good sense of humor. She smiles. She has the highest degree of integrity. Most of all, an ideal teacher is susceptible to adaptation or modification.

Being flexible means that if students are not interested in learning a new or even a new good lesson due to some reasons, then he is not recalcitrant regarding straightway teaching of the lesson. Rather he talks about problems that have

arisen in the classroom and eventually gets back to the lesson.

An ideal teacher is concise and clear in both oral and written expression in the classroom. An ideal teacher is patient. Being patient is often expressed as being diligent or persevering.

Learners are genius, gifted, mentally retarded, dyslexic, emotionally disturbed and some patience is required for employing carefully i n d i v i du a l t e a c h i n g learning technique for individual learner. Only in this way, bits of progress can be observed day to day.

An ideal teacher is self-confident. The ideal teacher is a model of selfconfidence. It is a source of great pleasure and they show it in their facial expression and in their positive attitude around the school.

An ideal teacher is open, and willing to share happiness about his own life to illustrate a point or share how they feel about a given situation.

The ideal teacher is an excellent role model. Being a good role model to all the children, an ideal teacher is capable of relating theory with practice.

7

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

Monday|March 13, 2017

Asean, EU execs, bizmen must be flexible vis-a-vis global trends: BSP gov

B

A N G KO S e n t r a l ng Pilipinas (BSP) Governor Amando Tetangco Jr. on Friday said ASEAN and EU polic y makers and investors need to adjust to the latest global developments to further strengthen economic ties, among others.

“In this time of uncertainty, better and stronger global cooperation is the best way forward,” Tetangco said in his speech during the EUASEAN business summit in Conrad Manila in Pasay City.

The central bank chief said there are lots of opportunities for stronger e c on om i c re l at i on s h ip between the EU and the

ASEAN and one of these is through the development of micro, medium and small enterprises (MSMEs).

He said both regional groups put a high premium on MSMEs which account for a large portion of businesses in their countries.

He said MSMEs account for about 80 to 99 percent of establishments in the ASEAN while the figure is around 99 percent in EU. This underscores the need for closer cooperation and expanded market access for the sector which employs most of the workers in an economy.

Tetangco cited as well the need to further increase support for the integration

of supply and value chains, and ensure the sectors’ access to finance.

With this, the BSP chief said investors are assured of their funds in the Philippines since the domestic economy is projected to sustain its robust growth.

He said the government’s 6.5-7.5 percent gross domestic product (GDP) target for this year is achievable “and remains a source of strength for the ASEAN region.

In 2016, the economy registered a 6.8 percent expansion, near the upper end of the government’s 6-7 percent target and one of the highest in the region.

Te t a n g c o s a i d t h e monetar y and fiscal

sectors have enough policy space to respond to the materialization of shocks vis-à-vis the policies in the US, among others.

Additional buf fers include the government’s bid to increase infrastructure spending, which is seen to provide more jobs and support economic growth.

“At the same time the monetary authorities have the flexibility to adjust policy as needed to sustain price and financial stability without sacrificing economic activity,” he said.

“Looking forward our fundamentals will serve as the screen of resilience in the economy amid the external headwinds,” he added.

Habagat’s Night Ride 2017 to be simultaneously held in 13 sites

By MARK FRANCISCO

THIS year’s edition of Earth Hour Night Ride has been expanded, bringing a total of 13 locations for the event to be held simultaneously on March 25 at 8:00 p.m. timed

for Earth Hour observances worldwide.

The Ni g ht R ide for this year which has been sp ons ore d by Hab ag at from its inception to the

present, will be held in Cebu, Cagayan de Oro, Manila, Davao, Dumaguete, Ormoc, Palompon, Leyte, Ozamiz, Zamboanga, Jaro, Gingoog and Bukidnon.

There will be three groups who will be joining the event

Street busker Junjun Cacho of Dire Husi Initiatives takes time off from performing at Divisoria, Cagayan de Oro City every weekend to evangelize in his other capacity as youth pastor to this eager listener. PHOTO BY MARK FRANCISCO

– the bikers, the longboard skaters and those who will be simply walking in their symbolic contribution to Mother Earth. There will be 2,000 bikers expected in the event as well as 50 longboarders. Around 300 people are expected to walk.

The route of the Night R i d e i s t h e fol l ow i ng : C e nt r i o’s Vi c e nt e R o a entrance to Luna to Velez curving left to RMN-DXCC on to Capistrano exiting towards JR Borja Bridge emerging left to Vamenta and on to Ysalina Bridge, City Hall, Gaston passing

by St. Augustine Cathedral, Fernandez to Rodelsa Circle to Tomas Saco to 17/1st to the street around WinGrace Dormitory towards Corralex and Xavier University and back to Corrales again then to CM Recto and back to Centrio.

There will be prizes for the biggest family contingent, the oldest bike and the most unique bike.

The Earth Hour Movement is a massive cause to unite everyone to help habagat/PAGE 10

Creating an Ideal Classroom Environment

By Agnes R. Abalde Teacher I, Imbatug Central Elementary School

IT is possible to create and ideal classroom environment.

There are ample examples in public and private schools throughout the globe in which schools work tirelessly to shape their school culture to meet the needs of students and teachers. However, it is important to realize that in creating an ideal classroom, what may be ideal for one child might not be ideal for anothe. For a school or classroom to be ideal, it has to be a good match with the student’s needs, as well as the student’s personality.

Some studies suggest

that an ideal classroom environment embraces the idea that ALL students can learn; works to build safe learning spaces for students; attracts teachers who are knowledgeable, care about student learning, and adapt their instruction to meet the needs of their learners An ideal school environment works hard to make the curriculum relevant to the lives of students;works hard to develop authentic measures for ass essing student learning; recognizes that student success is a complex idea and measuring

it must be accomplished with many tools. All these must be translated to the classroom environment.

An ideal school environment is led by people who value others, their voice and need for choice. This should translate to a teacher’s qualities in realizing an ideal classroom environment.

The teacher must prize i n d e p e n d e nt i nt e re s t s ; conduct group activities i n m o d e r at i on an d i n small, carefully managed groups; value kindness, c ar ing , e mp at hy, go o d citizenship; and insis on

orderly classrooms and hallways; understand the shy/serious/introverted/ sensitive temperament; focus its academic/athletic/ extracurricular activities on subjects that are particularly interesting to students; and impose an anti-bullying discipline, The primary interest of a good school is to create a balanced educational program that recognizes and values the “whole child” and is interested in each child reaching his or her full potential regardless of their personality.

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL

By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City.

No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City.

Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com

VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com

ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils.

Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

8

AgriBusiness

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

Monday|March 13, 2017

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

Monday|March 13, 2017

Opening of the National Steel Corporation would create economic impact The reopening of the sleeping giant, the National Steel Corporation would create economic impact to the nation in general and to the Iligan City in Particular. It will also solve the unemployment problem. As speculated, its opening will employ at least 12 thousand employees. If during its operation some investor would venture “Ship Building like in Balanban, Cebu, it will create additional jobs to the Iliganons especially welding jobs. Economic

boom is being anticipated likewise. We, Iliganons, would invoke the Almighty God through our united prayers that very soon the National Steel Corporation will open.

Reminiscing the past, the National Steel Corporation d u r i n g i t s g l o r y d ay s became the first government corporation to obtain and ISO certification, it is complete with staff houses and other real estate assets inside its sprawling premises. It was

also the first government corporation to be declared Employer of the Year and also the first government corporation to be bestowed AIM’s Award for Managerial Excellence in people development.

During its peak, NSC supplied 62 percent of the Philippines total flat steel demand (34 percent for hot rolled products; 75 percent for cold-rolled products; 60 percent for tinplate products).

It used to directly export an

average of 4,000 metric tons per month to China. Now, we are importing sub-standard steel from China instead.

N S C ge n e r ate d R 1 2 billion in annual revenues and earned a net income of P500 million every year, after paying duties and taxes of R1 billion yearly to the government.

But when General Fidel F. Ramos became the President, he introduced the government’s privatization Impact/PAGE 10

C A G AYA N D E O R O CIT Y - The Nat iona l Yo u t h a n d S t u d e n t s Sectoral Council of the Nat i o n a l A nt i - Pov e r t y C om m i ss i on ( NA P C ) through its Committee on Youth Participation urge all local chief executives to implement RA 10742 or the “Sangguniang Kabataan Reform Act of 2015” and immediately create a Local Youth Development Office (LYDO).

The creation of an

LYDO in every province, city and municipality is specifically provided in RA 10742 to develop and carr y out programs and projects that will promote the welfare of the youth.

The LYDO shall provide technical assistance to the Local Youth Development C ouncil (LYD C) in the formulation of the Local Youth Development Plan (LYDP).

Ke n n e t h P. P i l ot on , President of Barug Kabatan-

onan Movement (BARUG, Inc.) and Member of the NAPC Youth and Students Sectoral Council calls on local chief executives to immediately comply with the provisions of RA 10742.

“To invest in our youth is to invest in our future.

We call on our local chief executives to create their re sp e c t ive L o c a l Yout h Development Office (LYDO) and establish their Local Youth Development Council (LYDC) in respond

to RA 10742.” Kenneth P. Piloton said.

“We also call on our c onc e r ne d gove r n me nt agencies tasked to implement the SK Reform Act of 2015 closely monitor the implementation of the law and sanction LGU’s who will not follow it.”

Piloton added.

The SK Reform Act of 2015 was approved and signed by Former President Benigno Simeon Aquino on January 15, 2016. (NAPC)

NAPC Youth to LGU: Create Youth Development Office

A new group calling itself Kagay Art holds an ongoing exhibit lasting up to March 10 at the midwest concourse at the second level of Limketkai Center. Artworks in oil on canvas, acrylic and watercolor as high as 36”x72” are displayed for sale at the exhibit. PHOTO BY MARK FRANCISCO

The importance of parent, family, community involvement in education

By Agnes R. Abalde Teacher I, Imbatug Central Elementary School

THE whole community has an essential role to play in the growth and development of its young people. In addition to the vital role that parents and family members play in a child’s education, the broader community too has a responsibility to assure high-quality education for all students.

In t h e p a s t , p a re nt involvement was characterized by volunteers, mostly mothers, assisting in the classroom, chaperoning

students, and fundraising.

Today, the old model has been replaced with a much more inclusive approach: school-family-community partnerships now include mothers and fathers, stepparents, grandparents, foster parents, other relatives and caregivers, business leaders and community groups–all participating in goal-oriented activities, at all grade levels, linked to student achievement and school success.

Pa r e nt , f a m i l y, a n d

community involvement in education correlates with higher academic performance and school improvement. When schools, parents, families, and communities work together to support learning, students tend to earn higher grades, attend school more regularly, stay in school longer, and enroll in higher level programs.

Researchers cite parent-family-community involvement as a key to addressing the

school dropout crisis and note that strong school-family-community partnerships foster higher educational aspirations and more motivated students.

The evidence holds true for students at both the elementary and secondary le vel, regardless of the parent’s education, family income, or background— and the research shows parent involvement affects minority students’ academic achie vement across a l l races.

9

10

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

Monday|March 13, 2017

Larawan... from page 4

percent. This means, if an investor allots P20 million for R & D, society as a whole gets P12 million in return.

This is a real investment.

On the other hand, since industries need the academia in aligning the skills of the employees with what mentors teach, they should partner with the academia. They should allow the knowledgespace to flourish in the region.

Some can even think about becoming venture capitalists as ideas from the academia b e g i n to f i nd marke t s for c om merci a l i zat ion.

Universities should initiate focus group discussions to form partnerships with their key decision makers and industry managers.

The government can influence this academiaindustry partnership. The province, municipality or city can give incentives in terms of tax discounts to firms that make major collaborative arrangements with the academia—for instance, one half percent incentive for those that have memoranda of understanding that covers at least five months for projects like the Smart Wireless Engineering Education entered between Holy Name University and Smart Communications, Inc. Enhancing circulation of

people, ideas and innovation becomes the new model of development, according to Dzisah and Etzkowitz ( 2 0 0 8 ) . B a s e d on t h i s theory, specialists from the industry working as adjunct professors circulate people of different backgrounds leading to the formation of collaborative arrangements.

Communication and networks must exist among various players in every stage of research and technology transfer. Lastly, there is a need to market the innovations to potential users. The academia’s role is to circulate men, ideas and creative works to develop in the knowledgebased economy.

If universities are just geared for teaching and research focus, they miss their primary part in a society’s trek upward. We capitalize on brilliant ideas. But these ideas remain on the shelves without a conscious effort of universities to become seedbeds of new companies and new products or services.

It is time to keep abreast with the worldwide trend.

Bunye... from page 4

Metrobank branch nearest you on or before March 24, 2017.

Aniceto Sobrepeña, President of Metrobank Foundation, Inc. (MBFI), said that through the

awards, MBFI hopes “to further highlight the overall contributions, inspiring stories of gallantry, innovations and sacrifices of modern day heroes and heighten general public’s appreciation of these professions and the institutions they represent.”

Sobrepeña reported t h at s i n c e 1 9 8 4 , M B F I has already honored 645 Outstanding Filipinos—356 teachers, 121 soldiers, and 138 police officers.

MBFI was established on January 8, 1979 by Dr. George S. K. Ty, founder of the Metrop olitan Bank & Trust Company (Metrobank).

Over the years, MBFI has implemented various programs in education, visual arts and healthcare.

It maintains an active and dynamic p ar t ne rsh ip w it h ot he r organizations that likewise provide ser vices for the underprivileged sectors of society and remains equally responsive to emergency and relief operations for affected Filipinos in times of natural calamities in the Philippines and in Asia.

Note: You may email us at totingbunye2000@ gmail.com. You may also “like” us on Facebook at “Speaking Out”.

Teachers are instruments of change

By Agnes R. Abalde Teacher I, Imbatug Central Elementary School

T H E s u c c e s s an d t h e achievements of an educational system depend to a great extent on the ideals that animate the teacher and the student.

The changes that took place in schools have changed the role of teachers, too. In the past teachers used to be the major source of knowledge, the leader and educator of their students’ school life.

Teachers would organize after-school activities.

Nowadays teachers provide information and show their students how to tackle them.

Today, teachers are the ultimate instruments of change. The qualities like tolerance, acceptance, a w i d e r v i e w, g l o b a l awareness, reflection and

equal justice rests within the teachers to shape the child in all possible ways to face this competitive world of today.

Teaching is democratic and noblest of all the professions as the teacher’s role is highly significant in shaping and molding the future of a nation by tending the youth minds as the architects of the future generation. Our government policy-makers must highlight the need for values education to remove i nt o l e r an c e , v i o l e n c e , superstition and upholding social, cultural and scientific principles to make ours a truly democratic and progressive nation taking pr ide on our c u ltura l

heritage.

The teacher’s role is pivotal in Education. Besides knowledgeable information, a teacher imparts emotional and moral moorings, deep sense of understanding, communication skill and interaction with students and above all the sense of humor to make the classroom lively. An ideal teacher should be fair, should motivate the students and should have a passion for teaching. How students e x p e r i e n c e c l a s s ro o m practice is directly linked to the teaching-learning experiences they encounter.

Te a c h e r e d u c a t i o n programs are considered as gatekeepers to the teaching profession.

Profitable... from page 6

growth and consumption opportunities during the Christmas peak consumption season.

It said the drive positioned Del Monte “as the single mega-brand that completes e ver y Fi lipino fami ly’s traditional Christmas meal celebrations complementing above-the-line advertising with strategic Christmas packs meant for gifting across all channels.”

“Expanded juice dispenser coverage and strategic meal pairing tie-ups in major convenience stores and fast food chains also helped drive food service growth,” the company added.

For the nine months ending January, the company posted a net profit of $19.9 million, down 38% from a year earlier.

Sales for the nine-month period fell around 2% to $1.71 billion.

For the three months to January, sales hit $604 million, slightly higher than the previous year’s $602 million “as strong sales in Asia offset lower sales in the United States,” the company said.

Mr. Campos said the company’s US business “continues to be impacted by shifting consumer preferences, and our performance in the foodservice and private label sectors.”

“We are implementing a strategy based on innovation and differentiation in existing categories, while seizing opp or tunit ies in ot her categories and channels to address consumer demands,” he added.

Del Monte’s S&W branded business in Asia and the Middle East was able to sustain its momentum as it grew by double digits during the period. The growth was driven by the fresh and

packaged segments, the company said.

In nor th Asia, sales grew significantly as S&W expanded its fresh fruit distribution in China and raised brand awareness through in-store sampling, it said.

“In the packaged segment, sales increased from strong sales of canned fruit to North Asia supported by improved supply, higher shipment into Indonesia and improved juice sales to Israel,” Del Monte said.

The company said that barring unforeseen circumstances, it expects to generate a higher profit for the year to April, on a recurring basis or without one-off items.

Habagat... from page 7

and protect the Earth from total deterioration. With its advocacy to promote a cleaner, sustainable environment, Habagat Outdoor Equipment has been enlightened to be one with the call for climate action.

Since 2009, Habagat has been hosting the annual Earth Hour Night Ride in Cagayan de Oro City.

Shine a light on climate action and let’s ride!

Impact... from page 9

policy, as its consequence the NSC was turn over to the Malaysian investors in 1995.

And in 2004, Indian investors took over and the steel mill shutdown in 2009. The end of the glorious days of the National Steel Corporation The privatization of the National Steel Corporation under the Ramos administration was overseen by the former Department of Trade and Industry (DSTI) Secretary Mar Roxas.

Thanks be to God that the them City Mayor of Davao City Rodrigo Roa Duterte was elected President. If not, our country will

NOTICE TO THE PUBLIC Please be informed that Provisional Receipt Booklet #639 covering PR numbers 15951 — 15975 assigned to agent Mae Lorraine E. Montibon has been lost and any transactions made through the said PR booklet shall no longer be honored.

Pioneer Life Inc. Pioneer House Makati, 108 Paseo de Roxas, Legaspi Village, Makati City Tel: 812 7777; Fax: 812 2880

NOTICE TO THE PUBLIC Please be informed that Provisional Receipt Booklet #639 covering PR numbers 15951 — 15975 assigned to agent Mae Lorraine E. Montibon has been lost and any transactions made through the said PR booklet shall no longer be honored.

Pioneer Life Inc. Pioneer House Makati, 108 Paseo de Roxas, Legaspi Village, Makati City Tel: 812 7777; Fax: 812 2880 BWM: March 13, 2017

be ravaged by corruption in high and low places in government and drugs business will continue unabated to destroy the youths, “the hope of our fatherland,” according to Dr. Jose P. Rizal.

This privatization policy of the Ramos administration was unsuccessful, a failure, so to say the least. It aggravated the economic condition of the nation because corruption in high and low places in government were rampant during that time and also during the time of President Pnoy Aquino. Maybe perhaps the proceeds of the privatized assets were gone with the wind.

Why? Because, most assuredly, it went to the pockets of our public officials from the president down.

Under that premise, the Ramos administration is likened to killing the hen that lay golden egg, Since 2009, the NSC became a laughing stock. The previous city administration never did something to revive it. But when City Mayor Celso G. Regencia became City Mayor and even during his incarceration, he never lose focus on the revival of the National Steel Corporation.

With the helping hands of our City Legal Officer Atty. Voltaire I. Rovera, one of the best lawyer in Iligan City if not in the Philippines, with his legal prowess, the National Steel Corporation is now owned by the City Government of Iligan, for its failure to pay real property taxes.

In fact, on March 2, 2017, the Iligan City Government under the abled leadership of City Mayor Celso G. Regencia had energized the NSC perimeter fence, a prelude of the revival of the sleeping giant. Anyway, a roll of thunder may have awaken the sleeping National Steel Corporation. That roll of thunder is none other than the City Government of Iligan under the leadership of our City Mayor Celso G. Regencia.

Its awakening, several foreign investors have signified intention to put up investments to NSC for its revival or reopening. The City Government of Iligan has required to present their proposal as well as their business profile.

This scheme would avoid another shut down, the way the Malaysian and the Indian did. With much optimism then, its revival will revive also the name of our city before as the Industrial City of Southern Philippines. The City of Water Falls will become its second name again. With the opening soon, there will be mass employment of technical men and women. Those misplaced NSC personnel before who are now working in other countries may also come back home in masse for possible employment thereat. The opening of NSC will also afford some investors to open up of upstream and downstream industries that would also provide mass employment that would completely solve unemployment in our city and that of our neighboring towns.

If the anticipated scenario would come to pass, as it should more assuredly come, it would create economic breakthrough not only to the City Government of Iligan in a form of taxes, but also to the Iliganons in full measure of contentment never on scant measure any longer.

City Information Staff, Office of the City Mayor, City of Iligan.

11

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

Monday|March 13, 2017

Develop... from page 1

issues and regulator y cha l lenges in order to facilitate the integration of ASEAN SMEs into the global value chains (GVCs).

“Part of the enabling environment is a simplified set of rules and regulations on business registration and licensing, entry and exit, paying taxes and access to finance,” he said, noting they aim to emulate Singapore’s business procedure.

The NEDA will host the meetings on good regulatory practices which will bring together around 20 regulatory policy officials from ASEAN members and development partners from Organization for Economic Cooperation and Development (OECD) member countries. It will be co-chaired by New Zealand and Malaysia.

The meeting will provide a platform for ASEAN and OECD countries to share their experiences in improving bu s i n e s s e nv i ron m e nt , specifically business startup processes, simplifying administrative procedures, and reducing red tape.

The NEDA chief said they would also share best practices to support the ASEAN Community and the 2025 Vision through enhancing regulatory systems and frameworks.

Pernia said this aligned well with the Philippine Development Plan (PDP) 2017-2022, where regulatory reform was identified as a major strategy to improve governance, reduce inequality and increase potential growth.

One of the key presentations will be the Philippine National Competitiveness Council’s Project Repeal.

This initiative aims to review, repeal, or amend existing regulations that impose unnecessary burden on business firms.

There will also be a workshop that explores how government support from the United Kingdom can promote ASEAN initiatives to enhance the regulatory environment. “ We w e l c o m e t h i s opportunity to learn from our colleagues in the ASEAN and our partners in the OECD. We are eager to collaborate with fellow member states towards a better regulatory environment in the ASEAN,” the NEDA chief added. (PNA)

Stricter... from page 1

city ordinance on billboard with provisions that run in conflict with the national law.

“When there is doubt between the implementation of the national law against the local law, automatically the national law will prevail,” Uy said.

Lao said that the Department of Public Works and Highways (DPWH) has issued a memorandum about some prohibition under the billboard law.

In the DPWH memorandum, the local government units were

informed that overpasses, streets and roads could not be used for any commercial undertaking other than for public use.

However, Lao said that violations are still being committed in defiance of the DPWH memorandum.

Lao said that there is a need to review all existing ordinances on billboards and advertisements in order to find out the provisions that run in conflict with the national billboard law.

“It i s h i g h t i m e t o review our ordinances and implement it to the fullest for the safety of our people,” he added.

Uy said that under the principle of “parens patriae,” the government should look into the good of its people and that all government city ordinances must be parallel with the national law. (PNA)

Pay...

from page 1

compared to the previous offer of P1.5 billion to settle the issue.

He said he would rather make the cigarette firm owner pay instead of sending him to jail for falsification charges over alleged fake stamps.

Duterte said he is planning to use the money to develop the hospitals in Basilan and Sulu in the Autonomous Region in Muslim Mindanao (ARMM) and Mary Johnston Hospital in Tondo in the national capital.

He assured that each medical facility will receive P1 billion for rehabilitation if Finance secretary Carlos Dominguez, Customs C ommissioner Nicanor Fa e l d o n , a n d Int e r n a l Revenue Commission Caesar Dulay would approve his proposal.

“Ang batas kasi (Because under the law), the tax evasion cases or tax liability can be compromised. The law allows it to be settled…

Doblado na lang sabi ng mga (Make them double, said the businessmen). You consider fake stamps as part of the process of evading the taxes,” he said.

But he said some businessmen complained that even the P3 billion would not be enough if the government were to factor in the interests but added it would be up to Dominguez and Faeldon how much the government would impose against Wongchuking as penalty.

In a statement issued on March 8, Mighty Corp. cried foul over the alleged bribe try to settle the fake stamps scandal.

On the bribery attempt allegedly perpetrated by Mighty Corporation, the company through its counsel Sigfrid Fortun categorically denied any occasion or participation by the company in the supposed incident.

“Mighty has never taken part nor has it ever indulged in such activity especially with officers of the incumbent administration,” the statement read.

It also said Presidential chief legal counsel Salvador Panelo was “a victim of

misinformation hence he has unwittingly disparaged Mighty who has no connection to that bribe incident that occurred several years back.” “ The information on the matter as disclosed by presidential legal counsel Sal Panelo is wrong as the news on the matter pertained to an incident when President Duterte was still Mayor of Davao, the boxes of money used was promptly returned to the giver who was already on board a plane bound for Manila. Fortun said Mighty was never involved or identified as the giver of the bribe but another cigarette manufacturer unrelated to Mighty,” it said.

The firm also blamed the Bureau of Internal Revenue’s malfunctioning of “Taggant excise stamp validating devices which produced varying results when used today against its products that were seized in last Thursday’s unlawful raid in its warehouses in Pampanga.”

It claimed that Fortun declared that when the devices were used by BIR examiners on the confiscated boxes containing Mighty cigarettes, “they registered a green light indicating they were genuine stamps and, later, registered red or bogus marks for stamps in the same carton.”

“Worse, when the same device was used to test tax stamps on products of its competitors brought in by one of the agents, the device also turned red indicating that the competitors stamps were fake,” it said.

“In the same inspection proceedings conducted by joint teams from the BIR’s regional office in Pampanga and head office personnel, the devices either malfunctioned or could not read the tax stamps thereby making Fortun conclude that they were unreliable for purposes of assessing Mighty’s liability for tax fraud or deficiency in excise tax payments,” it added.

Farming... from page 2

will contribute in hitting the goal for a rice self-sufficient Philippines.

Also in attendance are Pepito Descadero & James C ipr i ano, M AC O M P C BODs; Daquiado; Sheila Mae de Gracia, (PCIC1 0 ) ; Ma . L i l it h Tu r an , PAgO-BUkidnon; Chedy Ansale, Chief Agribusiness and Marketing Assistance Division; Corazon Balabat; NFA Assistant Regional Director Victoria Duray; Roseminda Simon (NFA); Director Ramos; and Gerard Catambacan (DA-RFO 10).

(DA10)

Porsche... from page 3

Armed with a potent 4.0-liter V8 supplying a hefty 550hp and 769Nm, the vehicle speeds from standstill to 100 km/h in a mere 3.6 seconds (or 3.4 seconds with Sport Chrono).

Quick, robust performance is made possible via an eight-speed PDK (Porsche

Doppelkupplung or double clutch) transmission. A top track speed of 306 km/h has been recorded.

“Like many car enthusiasts out there, I am immensely elated with the arrival of the all-new Porsche Panamera in the country,” said Porsche Center Philippines head Roberto Coyiuto III. “It’s clearly head and shoulders above the competition in all aspects -- reflecting the best of what Porsche is known for.” Coyiuto added that other variants of the Panamera, such as the Panamera (V6) and the Panamera 4S, will brought into local showrooms as well.

Ford... from page 3

seats up and fold the other down to fit in people and different-shaped objects.

Forget fumbling for keys in your pockets or bag. As long as you have your key fob with you, your EcoSport’s doors automatically unlock when you’re nearby. Then just a push of a button to start your engine and you’re off. Keys never have to touch your hands. To know more about the Ecosport, visit www.ford.com.ph

Hurst... from page 4

created you for great things.

You CAN become successful and reach your full potential.

Just ask Jesus Christ to take control of your life every day, and He’ll help you to forgive and forget the past hurts, so you can move on to become all He made you to be. Just Think a Minute…

Doring... from page 4

and Singapore and is still negotiating agreements with the other larger countries in the region.

The ASEAN area is the world’s seventh-largest market, and has a combined 622 million people and economy of 2.45 trillion euros ($2.6 trillion) and is driven largely by consumption, exports and manufacturing, with Europe a key importer of goods.

EU and ASEAN being ready to restart free trade talks? A big step towards better trade relations! +++ Email: doringklaus@gmail. com or follow me in Facebook, Twitter or Linkedin or visit www. germanexpatinthephilippines. blogspot.com or www.klausdoringsclassicalmusic.blogspot.com.

EXTRAJUDICIAL SETTLEMENT AMONG HEIRS Notice is hereby given that the intestate estate of the late GERVACIA DUMILI CABRERA which property described as follows: Lot 3130-A, (LRC) Psd-281713, covered by TCT No. T-8,641, containing an area of SIX HUNDRED (600) SQ. M. and Lot 3129-A-5, Psd-12122800, covered by TCT No. CLOA-12,817, containing an area of FIFTEEN THOUSAND SIX HUNDRED SIX (15,606) SQ. M. are the subject of an EXTRAJUDICIAL SETTLEMENT AMONG HEIRS under Notary Public ATTY. DOROTHEA S. BASALO per Doc. No. 127; Page No. 26; Book No. LXXXIII; Series of 2017.

BWM: Feb. 27, Mar. 6 & 13, 2017

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12 Judicial Region Branch 7 Tubod, Lanao del Norte IN THE MATTER OF PETITION SPL. PROC. NO. 325-07-2016 FOR CANCELLATION OF THE CERTIFICATE OF LIVE BIRTH OF JUVIL LANGBID CABIBIL ALSO PRESENTLY KNOWN AS HIESER LANGBID CAPANGPANGAN HIESER LANGBID CAPANGPANGAN,

Petitioner, - versus – THE CIVIL REGISTRAR OF KOLAMBUGAN, LDN THE CIVIL REGISTRAR OF OROQUIETA CITY, MIS. OCC. THE CIVIL REGISTRAR OF ILIGAN CITY AND VILMA UNABIA LANGBID, Respondent. x----------------------------------------------/ ORDER A verified petition for cancellation of Certificate of Live Birth of JUVIL LANGBID CABIBIL also known as HIESER LANGBID CAPANGPANGAN was filed before this Court on November 08, 2016 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent’s office to effect the cancellation sought for.

Petitioner alleges that he is of legal age, single, Filipino and residing at Block No. 5 Abellana St., Suba, Cebu City. Respondent is the Civil Registrar of Kolambugan, Lanao del Norte, Oroquieta City, Misamis Occidental and Iligan City are sued in their official capacities.

Respondent Vilma Unabia Langbid is the mother of petitioner and lives in Block5, Abellana St., Suba, Cebu City, the same residence as that of petitioner.

Petitioner was born on December 18, 1990 at their former residence in San Miguel, Iligan City. The fact of his birth was recorded in the registry of birth of the Civil Registrar of Iligan City. This registration was a result of a second and correct registration of his birth, bearing the name HIESER LANGBID CAPANGPANGAN. However, petitioner has two (2) birth certificates as a result of two (2) registrations. The first registration of his birth based on records and documents was done on April 23,1998. The said certificate was allegedly a simulated birth certificate due to the following facts, a. Petitioner’s mother at the time of his birth on December 18, 1990 was already a widow having been married before to a certain Amado Abarga Cabibil who died on February 22, 1988. b. Accordingly, petitioner was a product of an illicit affair between his mother and his real father, JULITO LOMA CAPANGPANGAN and therefore in reality petitioner is an illegitimate child of JULITO. Because at the time of petitioner’s birth, his real father Julito was already married to another woman. His mother VILMA for fear that the wife of his father will file a case against her, and with the help of a relative in Kolambugan, his name was registered as JUVIL LANGBID CAPANGPANGAN with other entries simulated such as the father’s name indicated in the simulated birth certificate is that of petitioner’s mother’s former husband who died more than two (2) years before he was born. It is therefore legally impossible that AMADO ABARGA CABIBIL was his father as indicated in the first birth certificate. c. Petitioner was registered as JUVIL LANGBID CABIBIL in the simulated birth certificate, which name he used since he was young until he reached high school. d.

In the first certificate, petitioner’s place of birth was indicated as Riverside, Kolambugan, Lanao del Norte when in fact his real place of birth was in Brgy. San Miguel, iligan City. e. Even the date of his birth is not correct in the simulated birth certificate because what was indicated was December 20, 1991. f. The entry as to the date and place of marriage of parents is also incorrect since his mother, Vilma and the alleged father Amado were married on November 18, 1987. No date and place of marriage should have been indicated because Amado was not his real father. g. the expediter who successfully simulated his birth allegedly the sister of his mother’s grandmother and the said person according to reliable sources has long died.

When petitioner entered college, his real father JULITO LOMA CAPANGPANGAN wanted him to carry his surname. His real father decided to register him again in a different name and this time to carry his surname, CAPANGPANGAN. Petitioner while in his college years already used his 2nd birth certificate and carried the name HIESER LANGBID CAPANGPANGAN. The petition for cancellation of petitioner’s birth certificate has the effect of changing his civil status from legitimate to illegitimate and must be effected through an appropriate adversary proceedings. That in order to avoid confusion and to straighten his records, thus, this petition.

Set the initial hearing of this case to April 3, 2017 at 8:30 in the morning before the sala of this Court. Any person/s interested to the petition may come to Court and show cause why said petition should not be granted. Furnish copy of this Order to the OSG, Makati City, Office of the Public Prosecutor, Office of the Local Civil Registrar of Kolambugan, Lanao del Norte, City Civil Registrar of Oroquieta City, and City Civil Registrar of Iligan City, and to the petitioner in his stated address and to Atty. Marlene L. Young, his counsel.

Let copy of the Order containing the petition be published in a newspaper of general circulation for three (3) consecutive weeks, at the expense of the petitioner.

SO ORDERED.

Tubod, Lanao del Norte

December 5, 2016.

BMW: Mar. 6, 13 & 20, 2017

(Sgd) DENNIS P. VICOY Acting Presiding Judge

12

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

Monday|March 13, 2017

Sale in the City at SM malls, March 13-19 SM malls in Davao are celebrating the city’s 80th birthday with a week-long sale event from March 13 to March 19. Excellent finds of up to 70% off await Davaoeños and its guests at SM City Davao and SM Lanang Premier.

At SM City Davao, celebrate culture through dance and motion at the Sayaw Pinoy, March 15, at the Annex Event Center.

Be enchanted with the lead cast of the Filipino fantasy series original Encantadia on March 17, Friday, 4PM at the Annex Event Center.

Get a chance to meet and greet Glaiza de Castro, Ruru Madrid and Sanya Lopez in an afternoon of fun and games at the Kapuso Mall Show. On March 18, Saturday, Bea Alonzo and Enchong Dee are set to celebrate

Araw ng Davao at 4PM. The Pinoy Boyband Superstar Top 5 are also expected to heat up the Kapamilya Karavan at the mall’s Open Parking. Showcasing the best agriculture and floriculture products of the region, the Farm and Garden Fair runs from March 8 until March 31 at the Open Parking.

SM Lanang Premier hosts the region’s first Food Truck Festival on March 10-12.

Delight in an adventure for the palate with over a dozen of food concepts at the Open Parking. Davao artist Vic Secuya holds his 24th oneman show at The Atrium on March 11-19. Bench International brings Pietro Boselli at The Atrium on March 14. The Fountain Court comes to life with Urban Sounds of Miles Experience

on March 15, Gab of Urban Dub on March 16 and Reese Lansangan on March 17. Take part in the Art Commune, an interactive creative experience with the Davao Art Link, at the Fountain Court on March 15-19.

Shoppers get a chance to win exciting prizes like Vivo V3 smartphones at the Balloon Drop of Treats at SM City Davao on March 19. At SM Lanang, roundtrip tickets from Manila to any Asian destination and Vivo V3 Max phones are at stake with the raffle promo.

Malls hours are extended until 12MN at SM City Davao and until 10PM at SM Lanang Premier on March 17-18. For more event and promo details, visit both malls’ official pages and follow them on Instagram.