BusinessWeek Mindanao (March 2, 2015)

BusinessWeek MINDANAO Your daily business paper

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 112

Market Indicators

As of 6:13 pm feb. 28, 2015 (saturday)

FOREX

PHISIX

US$1 = P44.09

7,730.57 points

2 cents

X

33.82

X

points

Briefly Stable power TANDAG City – Amid reports of looming power crisis, Surigao del Sur Electric Cooperative II (SURSECO II) headed by General Manager (GM) Engr. Iglorio Hinayon has shown confidence about the supply service it caters to the entire 1st district of the province.

Arlinda Yparraguirre, finance manager and officer-in-charge (OIC), said power consumers have nothing to worry about since management of the electric utility here has inked a power supply contract with King Energy Generation, Incorporated (KEGI) last year.

When asked to comment on what happened during the aftermath of Tropical Storm (TS) Seniang since KEGI did not heed the call of the SURSECO II management to supply the necessary electricity, Yparraguire said it was lamentable but the same power supplier has already vowed to make up with its shortcomings.

The OIC confirmed KEGI’s attention was called in one of the SURSECO II’s board meetings early this year.

Tobacco control CAGAYAN de Oro City -- To kick off the 2015 100% Smoke Free Initiative, the Department of Health- Regional Health Office 10 (DOH-RHO 10) conducted the 5th Regional Tobacco Control Network Assembly that further sets the directions in their effort to strengthen tobacco control measures in Region 10.

Dr. Adriano Suba-an, assistant regional director of DOH-RHO 10 said that the assembly is conducted “to primarily strengthen the bond of our network by sharing information on our collective efforts to reduce the demand for tobacco in Region 10.”

He also added that the activity highlighted the members’ initiatives such as monitoring of prevention policies in protecting local residents from tobacco smoke, offering of help to those who want to quit from tobacco use, warning local communities about the dangers of tobacco, enforcing bans in tobacco advertising, promotion and sponsorship, and raising local taxes of tobacco.

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ARMM records P863-M investments in Q1 ‘15

C

By Philippine News Agency

OTABATO City -- The Regional Board of Investments in the Autonomous Region in Muslim Mindanao (RBOI-ARMM) on Friday announced it has registered a total of P863 million worth of projects during the first two months of 2015.

The RBOI-ARMM, during its joint board and management committee meeting, approved the new investments.

The projects approved for RBOI registration were TawiTawian Petroleum Trading Corporation and Chan C Mining Incorporated.

Both companies based in Panglima Sugala, Tawi-Tawi are expected to provide 553 employment opportunities to residents of the area.

Tawi-Tawian Petroleum Trading Corporation is into importation and distribution of petroleum products with a project cost of P121.25

million generating 56 jobs.

The company will operate at Barangay Garing Baunoh where the 3 oil tanks depots are currently being constructed with a capacity of 7.6 litres per annum.

It is expected that the whole province of TawiTawi will soon enjoy cheaper petroleum products that will eventually expand to Sulu province.

Chan C Mining Incorporated is new mining operator in the Province of Tawi-Tawi investing P741.8 million and to create 497 jobs. records/PAGE 7

SYNTHETIC FERTILIZER. A farmer throws synthetic fertilizer into a rice field in barangay Lemon, Butuan City. mindanews photo by erwin mascarinas

PCCI on peace pact:

‘Let’s give peace a chance’ T H E c ou nt r y ’s l arg e s t business organization has expressed support to President Benigno S. Aquino III’s push for peace agreement in the Mindanao area.

Philippine Chamber of

Commerce and Industry (PCCI) president Alfredo M. Yao said the best way to honor the 44 members of Special Action Force (SAF), who died in bloody encounter in Mamasapano,

Maguindanao last month to capture bomb expert Zulkifli Abdhir alias Marwan and BIFF commander B asit Usman, is to bring peace and prosperity in the region. peace/PAGE 7

NGCP starts energizing new transmission line HEIGHTENED ALERT. Male passengers board a bus after an inspection at a checkpoint in Pagangan, Aleosan, North Cotabato. Security measures have been heightened in North Cotabato and Maguindanao following clashes with the Bangsamoro Islamic Freedom Fighters. mindanews photo by ferdinandh cabrera

STATE-owned National Grid Corporation of the Philippines (NGCP) has expressed confidence that the newly completed last component of its transmission project could eventually ensure reliable power supply

in Mindanao.

The grid operator started energizing the 230-kiloVolt (kV) Abaga-Kirahon line on Jan. 11.

The 122-kilometer line crosses the provinces of Lanao del Norte, Misamis

Oriental, and Bukidnon, including the major cities of Iligan and Cagayan de Oro. In a statement last week, NGCP President and Chief Executive Officer Henry ngcp/PAGE 7

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Hydro plants rehab starts soon WITH an expected boost in the power supply within the first half of 2015, the Mindanao Power Monitoring Committee (MPMC) has p ro p o s e d t o s t a r t t h e actual rehabilitation of the 982-megawatt (MW) Agus-Pulangi Power Plant Complexes after the summer season.

Romeo M. Montenegro, Mindanao Development Authority (Minda) director of investment promotions and public affairs, told Sun. Star Davao that preparatory pro cess es have alre ady undertaken. In fact, he said, the Power Sector Assets and Liabilities Management Corporation (Psalm) already bidded out and awarded the rehabilitation works to contractors. “ T h e o n l y j o b t h at needed to be done is the actual rehabilitation works, which we have proposed to be scheduled after the summer season. Because if it is done now, that would mean shutting down the power plants. We do not want to shut them down in this period where they are most needed,” he said.

Advertisement He said the scheduling of the rehabilitation after the summer season will also be

in time when the 300-MW Therma South Inc. coal-fired power plant in Davao City and Davao del Sur goes fully online. The first 150 MW is expected to come in by the first quarter while the other 150 MW will be coming in by the second quarter.

But Montenegro said there is a possibility the initial stage of the rehabilitation will begin during summer since some hydropower plants within the complexes will be shut down due to low water levels.

“When we have low water levels, our hydropower plants are expected to perform below capacity. So that is the time they could be subjected to rehabilitation works and preventive maintenance shut down,” he said.

Earlier it was reported that some P4.96 billion has been allocated for the upgrading and rehabilitation of Agus 1, 2, 6, and Pulangi 4.

One of the major rehabilitation and projects that will be conducted is the Balo-i Flood Control Project wherein it will allow the full utilization of the generating capability of Agus 1 and 2 with the addition of 90 megawatts (MW) to its existing capacity of 260 MW and address the flooding then hydro/PAGE 7

0935-160-0668 HERMILINO VILLALON

22nd/31st Naza reth, Cagayan de O ro Cit y

Economy

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DOST-10 calls for more techno adoptors, partners CAGAYAN de Oro City -More technology adoptors and partners is what the Department of Science and Technology (DOST) in region 10 aims for by conducting a series of stakeholders forum/ consultation in all provinces in the region.

It is in line with DOST’s commitment to provide an innovative, cost-effective and appropriate technologies to micro, small and medium enterprises (MSMEs) for them to produce competitive products that meet worldclass standards.

The stakeholders forum and consultation is a strategy to promote and the Small Enterprises Technolog y Upg rading Prog ram (SETUP), the banner technology program of the Department of Science and Technology (DOST).

SETUP aims to bring technology innovation to the MSMEs. Assistance include

access to new technologies, training, product standards and testing ser vices, appropriate packaging and product labeling, information and other technical and consultancy services. SETUP targets the following sectors: food processing, metals and engineering, gifts/ house wares and decors, agriculture/aquaculture, health and pharmaceuticals and renewable energy.

During the forum, participants are informed of the D OST programs and projects and services s u c h t h e Hi g h - Imp a c t Proj e c ts li ke t he Fo o d Innovation Center (FIC) and Complementary Foods, Community Empowerment Through Science and Technology (CEST), the Regional Standards and Testing Laboratories, and the Consultancy, Packaging and Labeling Ser vices.

After the presentation,

active consultation follows to get feedback from the participants on how DOST could improve its program and project implementation.

The forum is also a venue to enhance the visibility of DOST in the region.

The f irst leg of the forum which was recently conducted for Misamis Oriental/Cagayan de Oro City drew more participants from various sectors and industries, local government units, national government agencies and non-government organizations. Most of the participants attended the forum to be updated on science and technolog y developments, and to look for new business, with business/ investors dominating the total number of participants.

Some also signified their interest to adopt the technologies presented, start a new business and avail of the DOST services.

Among their felt need are high-technology machines, laboratories and upgraded systems. Other assistance that the participants wish to have are technologies solar drying of banana chips and macaroni, rubber technology, technology on extracting me d i c i ne f rom pl ant s , mu s h ro om pro du c t i on and appropriate equipment for peanut processing and others.

Succeeding forum will be held for Camiguin on March 6; Misamis Occidental on March 9, Lanao del Norte on March 10 and March 11 for Bukidnon.

Invited participants are requested to confirm their attendance to our respective Provincial S cience and Technology Centers in the above provinces.

For more information, please contact, Roselyn A re l l a n o at t e l e p h on e number 858-39-31 local 13.

DTI’s drive on ‘Timbangan ng Bayan’ lauded MARAMAG, Bukidnon — Public market buyers in Maramag lauded the Department of Trade and Industry’s (DTI) drive on “Timbangan ng Bayan (weighing scale)” utilization.

This, after Maramag town mayor Jose Obedencio received the “Timbangan ng Bayan” from DTI and immediately instructed the Municipal Economic Enterprise Development Officer Engr.

Fermin Sinet to install the

equipment; take charge of its safekeeping; and to make sure that it is always available for public use during designated market hours.

DTI provincial director Ermedio Abang said the “Timbangan” is a hanging open type with 15 kilogram x 50 gram dial. The steel cage has 610 millimeter (mm) x 610 mm x 1,829 mm dimension.

“In a random interview at Maramag public market

conducted by Eriberto Tabanud, Jr. and Christopher Diaz of DTI’s Consumer Welfare and Business Regulation Division, at least 15 consumers said they have proven that products sold in wet market section of Agro-Commercial Complex (Agro-site) in South Poblacion, Maramag town, have accurate and honest weights. This, after comparing weight results using DTI’s “Timbangan” and vendors’ privately-owned

weighing scales,” Abang said.

The “Timbangan ng Bayan” is a mandate under Republic Act 7394 or the Consumer Act of the Philippines, which provides consumers with an effective measuring device consisting of the weighing scale, installed at the public market with which to counter check the accuracy of the weight of goods they buy from the market. (Eriberto A. Taban-ud, Jr. CTIDS-DTI/ RLRB, PIA 10 Bukidnon)

Agri-tourism and Trade bazaar opens in Davao City

DAVAO CITY -- Several heads of government agencies in Davao Region urged members of the National Association of Independent Travel Agencies in Davao opens/PAGE 7

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T

Above the Law

hink a minute…Does a thief steal because he’s a thief? Or, is he a thief because he steals? Studies show that over 80% of criminals who have been in prison and then freed after serving their time are back in prison for the same crime in less than 1 year! So back to our question: Does a thief steal because he’s a thief? Or, is he a thief because he steals?

The answer: he steals because he’s a thief. We do what we do because of what we are inside.

Jesus said that you and I can still be a murderer even if we don’t murder anyone. If we hate somebody and wouldn’t mind if someone else killed that person, then we also are a murderer in our heart. Jesus said that if we lust and desire to have sex with someone who’s not our wife or husband, then we’ve already committed adultery because in our heart we are an adulterer.

Jesus’ way of living is far above the law. It goes beyond just the minimum, small requirements of the law which simply try to keep society civil.

But God did not create you and me just so we would not cheat or steal from our enemy. He designed us to love our enemy.

Jesus knows that if we truly love and care about a person, then we don’t need a law to keep us from cheating or stealing from them!

When you and I do something good to impress and look good in front of others, Jesus sees and judges our wrong

THINK

A Minute

By Jhan Tiafau Hurst

heart and motives even for doing those good things. Jesus wants us to do them because we genuinely love Him and others, not for our own self-centered pride and good image in front of people.

You’re probably thinking: “If Jesus’ commands are that high above the law, then is anyone that good and perfect?!” Of course not! No one is! That’s exactly why Jesus came: to finally change our heart and character inside.

The law can only punish us for our crime, but it cannot change us on the inside. Jesus came to finally take the dishonest thief out of us, so to speak.

So why not ask Jesus to forgive you for your wrong heart and way of living right now? Ask Him to start changing you inside into a new person.

It’s only with His character and nature in charge of your heart, that you can finally enjoy the freedom of living above the law for the rest of your life.

Just Think a Minute…

The debate between Condo or House/Lot

hen it comes to choosing where to live (buy or rent doesn’t matter) I keep on assisting an apparently eternal debate between Condo and/or House/Lot. In Metro Manila this debate has already evolved to a clear understanding about the indisputable advantages condos have compared to house&lot.

My neighbours, when I used to live in Manila, were actually from Cagayan de Oro. They were living in a gorgeous 3 bedroom unit at a higher floor and were overall a very nice couple with 3 kids.

During one of our food and wine tasting evenings we used to have from time to time they shared with me reasons why they decided to buy in a condo rather than a house/ lot. They explained to me that as a family the main reason was safety followed by ease of maintenance of the unit, the modern amenities and a very convenient location near to work. I realised that, compared to other parts of the world, decisions about location and type of accommodation is based on considerations that go beyond practicalities.

Interested in knowing m o r e a b o u t p e o p l e’s motivations, I started asking other Filipinos about their experiences and thoughts and so I discovered that

Oro Chamber

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many of those who decide to go for condos do so because they fear burglars frequently present in sub-divisions, the inconvenience of needing a car at all times even for buying a litre of milk, the damages caused by typhoons, flooding or other adverse weather conditions.

Especially those who actually live abroad like f o re i g n e r s m a r r i e d t o Filipinas or OFWs often feel abused by the continuous repairs and maintenance fund requests by their caretakers or relatives. Understandably a house has much more maintenance needs than a condo. I could relate to that since I did own houses in the past and I understand that there are water pumps that break, air-conditioning that don’t work, leakages from the roof, pipes that burst, plants that need to be watered and many more things that need continuous care and maintenance.

There was one time when I had just rented my family house in Dubai to an Arab tenant, when he rang me up complaining about the airconditioning not working.

So I sent in some repair guys and they had to replace two pumps. A week later he called again for the water pump. A week later he called again for a leakage in the bathroom. This went on for

3 or 4 months after which he even refused to pay rent until it was all replaced and fixed. It all sounded crazy to me but as the owner I had the responsibility to repair and replace defective parts. I spent nearly as much money in repairs as this guy was paying in rent. This incident convinced me that, unless I was living in the house, I would never again want to own one to rent it out to someone else. But this is only my personal experience and could have been only bad luck.

In fact there is a bright side to a house/lot though. I do miss those times where I was inviting my friends over for an outdoor BBQ party in my garden or where I enjoyed sitting outside and work looking at the palm trees, my baby banana tree and all the rest of the planted greenery. It felt nice but now, years on, I just enjoy closing the door of my condo unit behind me and relax, being able to live worry free for all the time I want to stay away. If I come back after 6 months or 1 year at least I am sure that all my things are still there and that there is no repairs and maintenance works to do. That’s just peace of mind. Priceless. On top of that most condo developers offer a property management service which could take

O ut

of

The B iz B ox

By Mr. Lorens Ziller

care about the rental of the unit in my absence shall I wish to make some money while I am abroad. This is probably most convenient for OFWs or pure investors.

These units are then rented out fully furnished and are completely looked after by a professional team.

Understandably everyone has different needs and dreams in life so personally I don’t have a prejudice between house/lot, condo or even hotel apartment. I can only talk about my personal experiences. It is clear though that a condo lifestyle has certain advantages and it is spreading more and more into the Filipino countryside, out of the main hubs of Manila, Cebu and Davao.

Fortunately there are now additional options developers in secondary offer to its clients including in cities like Cagayan de Oro.

Battles that changed the course of history (8)

he total numb er of civilian casualties re a c h e d 1 0 0 , 0 0 0 . A n estimated 80 per cent were victims of massacres and other Japanese atrocities. The rest were collateral damage – victims of “friendly fire”.

The month-long Battle of Manila rendered the city heavily devastated, next only to Warsaw in terms of destruction during World War II. In addition to private homes and property, i mp or t ant gove r n m e nt buildings and landmarks with great historical and cultural value were leveled.

Initially, McArthur tried to limit the shelling of Japanese positions but as US troop casualties continued t o m o u nt , Mc A r t hu r lifted restrictions in the bombardment.

As the fighting raged, civilians who could still escape from the city tried to cross the Pasig River.

Ambassador Antonio Cabangon Chua (then 9 years old) recalled how he and his mother Dominga tried to make it to safety. They were joined by a stream of refugees. Behind them was South Manila going up in flames.

“The bombs were bursting all over, but I was a child and it wasn’t the explosions of war that scared me but the sights and smells of war.

What especially horrified me was the smell of death.

The dead lay everywhere,

blocking our path. We had to make our way to the crossing over dead bodies, bloated bodies, rotting bodies. I was crying with terror and I told my mother I didn’t want to pass that way – but there was no other way. I didn’t know rotting corpses had so strong a smell!”

Admiral Iwabuchi had ordered the fortification of several strong points in the center of Manila. Buildings of strong material were ringed

by Japanese pillboxes. Streets leading to the mini-fortresses were mined and protected by barricades and barbed wire.

From several jump off points north of the Pasig, Allied troops crossed the river aboard assault boats on Day 5. From Malacanan Palace , part of the Northern Force crossed over to the Malacanan Palace ground.

Shortly, the Allied troops met stiff resistance in their attempt to capture Provisor Island, site of the steam driven power plant which supplied electricity to Manila.

Provisor Island was taken after four days of intense fighting.

Meanwhile, the Southern Force recaptured PGH, UP and Assumption College on Day 15. The Southern Force earlier overran the Rizal Baseball Stadium and Fort Antonio Abad. (Day 11) One by one, Japanese outer perimeter defenses fell.

On Day 17, Japanese troops retreated to Intramuros and

also reinforced their “inner strongholds” at the Legislative Building, the Agriculture Building (Admiral Iwabuchi’s headquarters) and the Finance Building.

By Day 18, the following objectives were in Allied hands: New Police Station, St. Vincent de Paul Church, Manila Club, General Post Office and City Hall.

By Day 20, Manila Hotel, the pre-war residence of MacArthur, was declared cleared.

Allied troops brought intense firepower to bear on Intramuros to breach its ultra-thick walls. The Allied troops met with stubborn resistance from Japanese soldiers entrenched in Ft. Santiago, Quezon Gate, Parian Gate, Puerta Isabel, Sto. Domingo and Intendencia.

“The hardest fighting in Intramuros was the effort to capture Fort Santiago on the northwest corner of the old walls. They fought room to room, and then through subterranean dungeons and tunnels, using flamethrowers, phosphorous grenades, demolitions and bazookas.”

With the capture of Fort Santiago, Intramuros fell on Day 24. A diary belonging to one Lt. Hoichiro Miyazawa narrated what happened later that day at Iwabuchi’s headquarters just a stone’s throw away. “Admiral Iwabuchi called survivors of the Manila Naval Defense

SPEAKING

O ut

By Ignacio Bunye

Force to his headquarters at the Agriculture Building – he apologized for placing them in the dismal situation they were in. He said: ‘ If anyone has the courage to escape, please do so. If not, please take your lives here.’ He then went to his own room and committed suicide.”

On Day 25, even while guns rumbled in the distance, McArthur turned over the reigns of government to President Sergio Osmena in a “simple, brief but impressive ceremony” inside Malacanan Palace.

On Day 26, the Legislative Building, after being subjected to continuous artillery, literally fell on its side and was retaken. On the same day, the Allied troops resumed their assault on Iwabuchi’s headquarters - the Agriculture Building. By that time, Iwabuchi had already been dead for two days.

“On February 28, the regiment returned to the bunye/PAGE 7

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Jollibee’s earnings down in 2014 JOLLIBEE Foods Corp. registered slower earnings growth in 2014 as higher costs of raw mater ia ls squeezed margins.

The homegrown fast food giant told the stock exchange its net income attributable to equity holders of the parent company hit P5.27 billion last year, 12.7% higher from the P4.67 billion registered in 2013.

Jollibee’s profit rose by more than a quarter in 2013.

In the fourth quarter of last year alone, the company’s net income attributable to equity holders inched up by an annual 5.1% to P1.63 billion.

“Jollibee’s top line was in line with expectations but its

bottom line is slightly better than forecast,” Joyce Anne J. Ramos, equities analyst at AB Capital Securities, Inc., said in a phone interview.

“There’s a big discrepancy on operating income. [The company] posted lower margins for the full-year because of increasing raw materials cost,” she added.

Net operating income slipped 14% to P1.72 billion in the fourth quarter, dragging the full-year tally to P6.14 billion, or 3.5% higher from P5.93 billion in 2013.

R aw m at e r i a l c o s t s increased by an average of 5.4% last year, putting pressure on its profit margins, Jollibee Chief Financial Officer Ysmael V. Baysa said.

“We made important price adjustments and improved our store and manufacturing expenses during the year. We are now very close to fully covering these cost increases and look forward to the full recovery and improvement in gross profit margins in 2015 through lower cost of energy and more stable raw material prices,” JFC Chief Financial Officer Ysmael V. Baysa said.

General and administrative expenses climb e d 19.5% for t he entire 2014 and 29.1% for the fourth quarter due to the “significant increase in the cost of supporting our information technolog y associated with the change

in our enterprise platform, and to the fringe tax benefit expense arising from our stock option program for our managers and executives,” Mr. Baysa said.

Jollibee experienced distribution woes that were aggravated by a systems upgrade that led to limited availability of its products, forcing the food chain to shut down 72 stores in August across its stable of brands.

“Excluding these two items, our general and administrative expenses would have risen by only 8.9% for the year and 5.2% for the quarter while operating income would have grown by 16.9% for the year and 9.8% for the quarter,” he added.

System-wide sales grew by an annual 13.3% to P117.90 billion last year as sales in the Philippines expanded by 13.2% and the foreign business rose 13.7%.

System-wide sales measure all sales to consumers both

5

from company-owned and franchised stores.

This year, JFC is shelling out P9.1 billion in capital expenditures (capex), mostly to fund the opening of about 330 new stores: 220 in the Philippines and 110 overseas.

Globe gets string of finalist citations in 2015 PR Awards GLOBE Telecom has set the standard in the practice of public relations (PR) in the telecommunications industry in Southeast Asia after it bagged three (3) finalist citations for its comprehensive PR campaigns in this year’s PR Awards.

Globe is the lone telecom company in the region to be shortlisted, competing with the biggest brands and PR agencies in the Asia Pacific in the area of corporate and crisis PR.

Globe is twice nominated in the Best Crisis Management category for its #StopSPAM and Fair Use Policy awareness campaigns. Globe was also shortlisted in the Best Sports PR Campaign category for its communications campaign for Globe Slipstream as a way to demonstrate the speed of its world-class network.

The telco launched its #StopSPAM awareness drive in 2014 in support of a public clamor to protect consumers from receiving spam and

scam text messages, irritating and some victimizing helpless customers and leaving some of them worried of the security of their information as well as their privacy.

In re s p o n s e , G l o b e initiated a digital campaign called #StopSPAM with a heavy visual information drive, leveraging on digital assets: owned social networking sites, dedicated customer service account, and bloggers to showcase the #StopSPAM campaign.

Through the campaign, Globe was able to crowdsource customer reports on spam and scam messages that put an end to the scammers’ scrupulous undertakings.

Customers were empowered by taking action against scammers through this campaign.

As part of its customer experience roadmap, Globe also embarked on a massive awareness campaign for its Fair Use Policy program as a standard global practice to ensure quality of network

experience among customers.

The campaign also taught customers responsible data usage and monitoring and provided them access to a better mobile internet experience with the introduction of its GoSURF data plans, leading the industry shift from unlimited to consumable data plans.

To celebrate the power of speed with its brand new network, Globe brought the excitement and exhilaration of a real F1 race to Filipinos through Globe Slipstream, a

grand scale event that saw the company transforming B on i f a c i o G l o b a l C it y to a racing venue a la F1 Grand Prix with a car parade, outdoor concert, and driving exhibition led

by Lotus F1 junior driver Marlon Stockinger. Globe used Slipstream not only to demonstrate the speed of its world-class network but also to promote F1 in the Philippines and increase aw are ne ss of F i l ipi no s towards the sport. globe/PAGE 7

Media Statement Contact: Emmanuel Guillermo Phone: (088) 858-8976

IMPROVEMENT OF WATER SYSTEM AT PHILAMLIFE VILLAGE

Pueblo de Oro Development Corporation (PODC) takes the concerns of its residents seriously and has been taking action to improve the quality of its water system.

Among the measures PODC has been undertaking are: the installation of a filtration system in its N3 deep well, the drilling of a new well (N4) for commissioning by 2Q 2015, the monthly potability testing by a third party laboratory facility, and the re-piping of its system to increase water pressure in certain areas that had experienced low pressure.

Moreover, PODC will be conducting frequent and regular flushing of its pipes and cleaning of its reservoirs in affected areas. PODC is also dispatching water utility personnel to conduct weekly documented monitoring of its water system to make necessary remedies and adjustments, in order to maintain the quality of its drinking water that meets the requirements of the Philippine National Standards for drinking water.

PODC has always endeavored to fulfill its obligation to deliver reliable service to its residents, and will continue to seek ways to enhance the living experience of its homeowners in the Pueblo de Oro Township.

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Coco coir - a booming industry in LDN ILIGAN CITY – Hundreds of families are now earning regular income after becoming part of the cococoir industry in the capital town of Tubod, Lanao del Norte.

The workers belong to the Malingao Community S er vices Multi-Purpose Cooperative (MCOCO), which initiated the project to help its members earn additional income.

The livelihood program is jointly funded by the Department of Agriculture through its Mindanao Rural D e v e l o p m e nt P ro g r a m – C ommunity Fund for Agricultural Development (MRDP-CFAD) and the Provincial Government of

Lanao del Norte (PGLDN).

Through the support of DA and the provincial government, MCOCO was able to open its coco-coir production plant on April 21, 2014.

With a monthly output of 5 , 0 0 0 k i l o s of c o c o fiber, MCOCO now buys coconut husk from among its members and currently employs hundreds of local residents to transform the raw material into various products like coco twine, baled fiber and geonets.

Coco coir is the fibrous material found between the hard, internal shell and the outer coat of a coconut and used in products such as floor mats, doormats,

brushes, rope, fishing nets and mattresses.

Coir fiber makes up about a third of the coconut pulp. The rest, called peat, or coco dust, is biodegradable, but takes 20 years to decompose.

Once considered as waste material, coco dust is now being used as mulch, soil treatment and a hydroponic growth medium.

“G over nor K ha lid Dimaporo strongly supports the coco coir industry and we are now working hard on the expansion of our local coco coir plant so more people can benefit from this thriving industry,” said Residents of Barangay Malingao, Tubod, Lanao del Norte, now earns regular income Provincial Agriculturist by transforming coco fiber to coco twine, which will then be used to make geonets.

Letecia Ditucalan.

(PIO-LDN)

96.9% of Region-10 LGUs pass ‘Good Financial Housekeeping’

By CHENG ORDONEZ, Associate Editor

CAGAYAN DE ORO CITY -- At least, four out of five provinces, eight out of nine cities and 83 out of 84 municipalities in Northern Mindanao passed the Good Financial Housekeeping (GFH) assessment for CY 2014.

Atty. Rene Burdeos, regional director of the Department of the Interior and Local Government

in Region 10 (DILG-10), said among the 17 regions nationwide, Region 10 ranked 2nd by garnering 96.9% in terms of the number of local government units, which passed versus the total number of assessed local government units (LGUs).

GFH is one of the six components of the Seal of Good Local Governance (SGLG) of the DILG.

GFH recipients are eligible to avail loans from government financing institutions and can access national program windows, namely, Special Local Road Fund (SLRF), Payap a at Mas aganang Pamayanan (PAMANA), Bottom-Up-Budgeting (BUB) and Sagana at Ligtas na Tubig sa Lahat (SALINTUBIG), Atty. Burdeos explained.

To qualify for the GFH,

an LGU should exhibit compliance with accounting and auditing standards, rules and regulation, meaning with an Unqualified or Qualified COA opinion of the immediately preceding year and compliance with the Full Disclosure Policy (FDP), posting in the FDP Portal and three conspicuous places within the LGU, Burdeos added.

Infantry Division, has coordinated with the 1st Infantry Division and the 6th Infantry Division.

The 1st Infantry Division will secure the southern Mindanao portion and the 6th Infantry Division looks after the western Mindanao boundary.

Intelligence units have also been alerted to preempt acts of sabotage.

Major Uy said there were no reports of rebel sightings in Lanao del Norte, a province attacked by the rebels in the immediate past.

Army divisions step up security to preempt spill over, sabotage

By Cheng Ordonez, Associate Editor

CAGAYAN DE ORO CITY -The Fourth Infantry Division has stepped up monitoring of its boundaries in anticipation of possible spill over, resulting from the military offensive launched

against the Bangsamoro Islamic Freedom Fighters (BIFF).

Army Major Christian Uy, spokesman of the 4ID based here, said Major General Oscar Lactao, commander of 4th

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2014

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2015

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against JOSEFINA M. BALIOS, Purok 5, Anderson Vlg. Libertad, kolambugan Lanao del Norte , to satisfy the indebtedness which as of May 7, 2014 amounting to FOUR HUNDRED TWO THOUSAND ONE HUNDRED TWENTY EIGHT & 50/100 ( Php 402,128.50) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against RAMIL BILIRAN, Liangan West Maigo Lanao del Norte, to satisfy the indebtedness which as of July 2, 2014 amounting to ONE HUNDRED SEVENTY NINE THOUSAND FIVE HUNDRED FORTY TWO & 51/100 ( Php 179,542.51) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES

LIST OF MORTGAGED PROPERTIES TCT NO. T- 26, 906

A parcel of land with all the improvements thereon known as ( Lot No. 1504, Csd- 1044-D, situated in the Barrio of Libertad, Kolambugan, Province of Lanao del Norte, Island of Mindanao. Bounded on the SW., along line 1-2 by lot no. 1503, on the 1503, on the NE., along line 2-3 by Municipality Road; on the NE., along line 3-4 by Barangay Road; on the SW., along line 4-1 by lot no. 1495 all of Csd-10-44-D Kolambugan Cadastre. All points referred to and indicated on the ground by B.L. Cyl. Conc. Mos. 15x60 cm. Containing an area of ONE HUNDRED THRITY THREE (133) SQUARE METERS, more or less.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

For the Clerk of Court and Ex-Officio Sheriff

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

TCT NO. 6142

A parcel of land with all the improvements thereon known as lot no. 1-E -4 (LRC) Psd-230811 being a portion of lot 1-E, described on plan, (LRC) Psd Psd-189415, LRC No. (H, Patent), situated in the Barrio of Camp- 1, Municipality of Maigo, Province of Lanao del Norte, Island of Mindanao.

Bounded on the N., and E., points 2 to 4, by the Tunob River, on the SW., points 4 to 6, by property of Elias Biliran ( H-117024); and on the NW., points 1 to 2, by lot 1-E-3 of the subdivision plan containing an area of TWENTY TWO THOUSAND ONE HUNDRED AND FIFTY ONE ( 22.151) SQUARE METERS, more or less.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

For the Clerk of Court and Ex-Officio Sheriff

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

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Records... from page 1

The company is engaged in mining and quarrying of nickel ore to be exported to China.

The company’s operation is located at Barangays Karaha and Dungon with a capacity of 1,000,000 WMT per year.

Contrary to the views of many that there might be a slowdown in the influx of investments in ARMM due to the Mamasapano incident, Lawyer Ishak V. Mastura, RBOI-ARMM chair, said investment keeps coming.

He said that despite the Mamasapano incident, investors’ confidence is still high.

“In fact, there are fresh investments coming in Maguindanao with a project cost of P1.3 billion on palm oil and a P2 billion project on banana.

A multi-logistic assembly auction of heavy equipment company also signified their intention to do business in ARMM,” Mastura added.

Mastura further said that aside from fresh investments, a string of projects in the ARMM are in the pipeline this year coming from some of RBOI-registered firms.

Some of these are the expansion of the capacity of a biomass power plant, rehabilitation of a starch f a c t o r y, e x p a n s i o n o f banana plantations, and the construction of an oil depot at the Port of Polloc in Parang, Maguindanao by Iron Blaze Corporation.

Mastura expressed optimism that despite the region in a spate of the Mamasapano clash, the investments generation effort of RBOI was not affected.

Forty-four elite police, 18 Moro rebels and five civilians were killed during the operation against Malaysian

terrorist Zulkifli Bin Hir alias “Marwan” who was also killed in the police operation.

(PNA)

Peace... from page 1

“Let us give peace a chance. Besides we will never solve the problem of poverty if we do not have peace and order,” said Yao. “If we are distracted in securing peace in Mindanao, we will isolate our brothers and sisters in the affected areas from benefitting from the gains of the economy,” he added.

He mentioned that the best way to promote peace process is to expose the people in Mindanao to the prosperity of the country, which they should be sharing, brought by robust economic growth.

In a previous interview with the Philippines News Agency, Yao said settling down tensions and having p e a c e i n t he s out he r n islands of the Philippines is crucial for the country in the upcoming ASEAN integration as Mindanao is the country’s gateway to other Southeast Asian neighbors.

With its fertile land conducive for agriculture and distance to other ASEAN member-states like Brunei Darussalam, Indonesia, and Malaysia, Mindanao is a big boost for the Philippine economy according to PCCI’s Yao. (PNA)

NGCP... from page 1

Sy, Jr. said the energization of the line will strengthen the island’s transmission backbone, reinforcing the link between the transmission lines and the Agus hydro facilities.

“NGCP is very pleased with this accomplishment.

We are not only able to fortify our lines and ensure reliable

access to the Agus Complex, but also provide contingency measures when needed,” Mr. Sy said.

Prior to the AbagaKirahon line completion, NGCP finished two other sections of the transmission line project, the last of which was the KirahonMaramag 230-kV line that spans Villanueva in Misamis Oriental to Maramag in Bukidnon.

Data from NGCP show that the southern part of Mindanao accounts for about 49% of the entire island’s demand, raising the need to increase transmission capacity from north to south.

Hydro... from page 2

in Balo-i plains.

There is also the upgrading of the Units 1 and 2 of Agus 6 from 50 MW to 69 MW and will extend the units’ economic life for another 30 years.

Finally, Pulangi 4 will undergo a selective dredging in order to address siltation problem and increase generating output. The National Power Corporation (NPC) has also proposed the installation of hydromatrix or hybrid integrated turbine generator ass embly for Pulangi 4, which will generate an additional 16MW on top of the 250MW output of Pulangi 4. Psalm has referred the proposal to the Department of Energy.

Opens... from page 2

Incorporated to continue the cooperation among themselves and government in pushing Davao Region as a tourist destination to ensure inclusive growth.

The Naitas opened its tourism and trade bazaar at the Abreeza Mall from February 20 to 22 with the

theme, “Agri-Trade Tourism is life.”

Ma. Belena Ambi, director of the Department of Trade and Industry 11 said travel agencies can maximize tourism, agriculture and trade in inviting people to come to the region.

She assured the support of government to the tourism industry through the smallmedium enterprise.

Ambi said the tourism industr y generates jobs beneficial to the families.

“All our efforts must be geared towards the realization of the inclusive growth that must be felt and experienced by the citizenry,” she said.

Roberto Alabado, III, director of the Department of Tourism 11 cited the NAITAS for opening Davao Region to the world.

He stressed that travel promotes regional development since it does not only provide jobs in places of destination but also the experience and knowhow in the management of tourism activities.

“Travel brings experiences, learning history of places lessons can be applied to places where we come from,” Alabado said.

He also bared that the DOT plans to position Davao Region as the fruit basket of Asia due to the many fruits it can offer like the banana, mangos teen, marang, mango and durian.

C o u n c i l o r A l Ry a n Alejandre, chair of the city council committee on tourism said the exhibition has helped the push of Davao City as an island to highland destination.

He said the activity has promoted the awareness about the tourist destinations in Davao Region.

“I assure full support to Naitas, as long as it is for the promotion of the

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2014

NOTICE OF EXTRA – JUDICIAL SALE EJF No.: 188-07-2014

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SPS. MAURICIO D. BAZAR & FE L. BAZAR, Lower, Austin Heights, kolambugan Lanao del Norte, Lanao del Norte, to satisfy the indebtedness which as of November 12, 2014 amounting to ONE HUNDRED THIRTY TWO THOUSAND SIX HUNDRED TWENTY EIGHT & 68/100 ( Php 132,628.68) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: LIST OF MORTGAGED PROPERTIES

Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank kolambugan Lanao del Norte against SPS. DAYLINDA C. LACORTE & JOHNSON L. LACORTE.,, Purok 5, kolambugan Lanao del Norte, to satisfy the indebtedness which as of November 12, 2014 amounting to ONE HUNDRED THIRTY THREE THOUSAND EIGHT HUNDRED TWENTY TWO & 22/100 ( Php 133,822.22) excluding penalties , changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 31st day of March 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Poblacion, Tubod, Lanao del Norte, to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit:

TCT NO. T-21-156

LIST OF MORTGAGED PROPERTIES

A parcel of land with all the improvements thereon as (Lot No. 15, Block 3, Psd-016002 of the subdivision plan Psd-016002 being a portion of Lot B-2 (LRC)Psd -214278 LRC Res. No.), situated in the Barrio of Poblacion, Municipality of kauswagan, Province of Lanao del Norte, Island of Mindanao. Bounded on the N., along line 1-2 by Lot 13, Block 3 on the subd., plan, on the East, along line 2-3 by Road Lot B-2-K on the subd., plan, on the S., along line 3-4 by lot 17, Block 3 on the subd. Plan on the W., along line 4-1 by lot 16, Block 3 in the subd., plan.,

TCT NO. T-21-980

TCT NO. T-21-157

A parcel of land with all the improvements thereon known as (Lot No. 17, Block 3 of the subd., plan Psd-016002 being a portion of Lot B-2 (LRC) Psd-214278 LRC NO. ) , situated in the barrio of Poblacion, Municipality of kauswagan, Province of Lanao del Norte, Island of Mindanao.

Bounded on the N., along line 1-2 by Lot 15, Block 3 on the subd., plan , on the E., along line 2-3 by Road lot B-2K on the subd. Plan on the S., along line 3-4 by lot 19, Block 3 on the plan are marked on the ground by P.S. Cyl. Mons. 15x60 cm, containing an area of One Hundred Twenty (120) SQUARE METERS, more or less, “All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

A parcel of land with all the improvements thereon as (Lot 18, Block 3, of the subdivision plan Psd-016002 being a portion of Lot B-2 (LRC) Psd -214278 LRC Rec. No.), situated in the Barrio of Poblacion, Municipality of kolambugan, Province of Lanao del Norte, Island of Mindanao. Bounded on the North along line 1 to 2 by Lot 16, Block 3 on the subd., Plan, on the East, along line 2 to 3 by Lot 17, Block 3 on the subd Plan., on the South along line 3 to 4 by Lot 20, Block 3 on the subd.

“A parcel of land known as lot no. 20, Block 3 of the subd. Plan Psd Psd-016002 being a portion of lot B-2 (LRC) Psd-214778 LRC Rec. NO., situated in the barrio of Pob., Municipality of kauswagan, Prov. of Lanao del Norte . Bounded on the N., along line 1-2 by Lot 18, Block 3 on the subd., S., along line 3-4 by Read lot B-2-1 subd. Plan on the W., along line 4-5-6-1 by lot road.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this February 2, 2015.

For the Clerk of Court and Ex-Officio Sheriff

For the Clerk of Court and Ex-Officio Sheriff

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

BWM: Feb. 16, 23 & March 2, 2015

(Sgd) CONRADO V. HINGCO, JR. Sheriff

tourism industry of the city,” Alejandre said. (PIA 11-Joey Sem G. Dalumpines)

7

commitment to b e the preferred brand of choice among consumers as well as a company which puts premium at transparency and accountability through strategic communications.”

The PR Awards is the premier event celebrating excellence across the public relations spectrum in Southeast Asia. From one-off stunts to long term programs, the PR Awards recognizes brands that have pushed themselves towards measurable success through sound and strategic communications. Following a highly successful launch in 2014, the Awards has returned and is now open to countries from across the region with new categories and even more opportunities for organizations to receive the recognition their PR strategies deserve.

This year, the Awards went regional and saw over 230 organizations enter across 25 categories. For each category, Gold, Silver, and Bronze trophies will be awarded.

The high profile jury, made up of communications experts from leading brands, meticulously selected the finalists, in total about 120 organizations from Southeast Asia. The winners will be decided by a distinguished panel of judges comprising of senior-professionals from agencies and academics and experts from the industry.

Winners of the PR Awards will be recognized at a prestigious gala dinner and ceremony in Singapore on March 5.

Bunye... from page 4

Agriculture Building with a three-hour artiller y preparation. Point-blank 1 5 5 m m h ow it z e r f i re s alternated with point-blank tank and tank-destroyer f ires….. Much of t he Agriculture Building thus pancaked on its own first floor, and the 5th Cavalry Regiment assaulted into what was left. ” Iwabuchi’s remains were never recovered.

The fighting flared for three more days as the Allied troops tried to retake the last Japanese stronghold – the Finance Building. On Day 29, US troops cleared the last of the Japanese defenders.

Thus, the month-long Battle of Manila ended.

In the process, one-tenth of the civilian population perished. Manila, the Pearl of the Orient, was left in total ruins. But the war was still far from over. (to be continued) Note: You may email us at totingbunye2000@gmail. com.

Globe... from page 5

“We are honored to be among the best in Southeast Asia when it comes to the practice of public relations and communications,” said Yoly Crisanto, Senior Vice President for Corporate Communications at Globe.

“This testifies to our strong

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte In re: Petition for the correction of the entries in the Certificate SPL. PROC. NO. 290-07-2014 (i) of Live Birth of VIVENCIA E. BARABAG-CRUZ as regards her YEAR OF BIRTH and FIRST NAME in the NSO RECORD as - for well as that of the Local Civil Registrar, and the inclusion of her MIDDLE NAME in her Certificate of Live Birth in the record of the Local Civil Registrar Correction of Entries

VIVENCIA E. BARABAG-CRUZ,

- versus –

Petitioner,

THE LOCAL CIVIL REGISTRAR OF BAROY, LANAO DEL NORTE, And THE ADMINISTRATOR AND CIVIL REGISTRAR GENERAL, NATIONAL STATISTICS OFFICE (NSO) East Avenue, Quezon City, Metro Manila,

Respondent. x-----------------------------------------------/ ORDER

A verified petition for correction of entries in the Certificate of Live Birth of VIVENCIA E. BARABAG-CRUZ was filed before this Court on November 10, 2014 praying among others that after notice and hearing an Order be issued directing the Respondents to effect the corrections sought for.

Petitioner alleges that she is a Filipino citizen, married to Florencio L. Cruz and resident of Poblacion, Malangas, Zamboanga Sibugay. The Respondents are public officials sued in its official capacity. Petitioner was born on March 29, 1956 at Baroy, Lanao del Norte to spouses Herculano Barabag and Romana Enot. Her birth was duly reported and recorded in the Office of the Local Civil Registrar of Baroy, Lanao del Norte under Registry No. 55-3321. Nevertheless, in her birth record at the National Statistics Office and in the Office of the Local Civil Registrar of Baroy, her first name was erroneously spelled as “BABINCIA” instead of “VIVENCIA”, the correct one. Likewise her “date of birth” is also erroneously indicated as “March 29, 1955” instead of the true and correct date of birth which is “March 29, 1956”. Since childhood, she has been using her correct name which is “VIVENCIA”, and known to the community to have been born on March 29, 1956. In fact, in all official forms where the date of birth is being asked for, she would always state as her birth date as March 29, 1956 not March 29, 1955. In the same Certificate of Live Birth, her middle name which is the family name of her mother “ENOT”, was also omitted. She filed the case in utmost good faith to straighten all her records to conform to the correct facts of her birth.

Set the initial hearing of the petition to February 13, 2015 at 8:30 in the morning before the sala of this Court. The petitioner is hereby directed to publish copy of this Order to a newspaper of general circulation for three (3) consecutive weeks, at her expense.

Furnish copy of this Order to the Office of the Solicitor General, Makati City, Office of the Public Prosecutor in Tubod, Lanao del Norte, Public Attorney’s Office, Local Civil Registrar of Baroy, Lanao del Norte, National Statistics Office of Quezon City, Metro Manila and to the Petitioner, in her known address.

SO ORDERED.

Tubod, Lanao del Norte.

November 21, 2015.

(Sgd) DENNIS P. VICOY

Acting Presiding Judge BWM: Feb. 16, 23 & March 2, 2015

BusinessWeek MINDANAO Best in Business and Economic Reporting

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BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER 2013 PPI’S BEST IN BUSINESS AND ECONOMIC REPORTING

MONDAY | MARCH 2, 2015

Editor: SHAUN ALEJANDRAE YAP UY

Ah Fong and The SM Store Treat this March Great news to Ah Fong customers!

Dine at Ah Fong Asian Cuisine Restaurant and get exclusive discount at The SM Store Cagayan de Oro. Simply present tape receipt of dine-in purchase together with your SM Advantage,

SM Prestige, BDO Rewards or Mom Card and get 10% discount for a minimum P1,500 single-receipt purchase o n r e g u l a r- p r i c e d i t e m s .

Date of dine-in tape receipt should be within promo period.

Ah Fong Asian Cuisine Restaurant is

located at Grand Central Building Pabayo - Hayes Streets, Cagayan de Oro C i t y.

So Dine and Shop Now! Promo runs until March 31, 2015.

For inquiries, please call The SM Store Marketing Department t h r o u g h 8 5 9 - 11 8 8 .

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

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Philippine PHILIPPINE Press PRESS Institute INSTITUTE Civic Journalism Community Press Awards 2013

monday|march MONDAY | MARCH2,2,2015 2015

(from left) BWM editor Joe del Puerto Felicilda, MDN editor Arjay Felicilda, and (Ret) Major Avelino N. Presilda, Proprietor pose for posterity during the formal opening and blessing of the PL Manpower Agency and Four “A” Security Agency, 005 Phoenix Street, Terry Hills Subd., Bulua, Cagayan de Oro City, February 28. Retired Major Presilda also serves as the security agency’s Security Director. BWM Photo

It’s Baby Sale at Baby Company of The SM Store!

Looking for good deals for your little ones? Shop at Baby Company's Baby Sale and enjoy up to 50% discount on select items. And if you're a Mom Card member, you get a Free Animal LED Lamp for a minimum single-receipt purchase

worth P3,000 of any Baby Company items. Promo runs on March 1 to 31, 2015 only. Baby Sale is sponsored by Nivea Baby, Mamy Poko, Cetaphil and Giant Carrier.

Per DTI FTEB SPD Permit No. 2105 Series of 2015

CHICKEN DELI - Ang Bidang Inasal Ng Bacolod

BUKAS NA sa MARIVELES, BATAAN Lasapin ang sarap ng mga paboritong Pinoy sa abot-kayang halaga sa Chicken Deli – Mariveles, Bataan! Tiyak na maliligayahan kayo sa sarap ng kanilang mga produkto pati na rin ang bagong adisyon sa kanilang menu.

Kaya’t ano pang hinihintay niyo?

Sugod na sa Chicken Deli! Ang Chicken Deli ay matatagpuan sa Watchlife WMPC Bldg., Lakandula

Street, Poblacion. Para sa detalya ng kanilang Franchising, i-dial ninyo +639328489957 or tumawag Mariveles, Bataan branch (047) 6331824 ; (047) 6120302 kaya magemail: franchisingchickendeli@ gmail.com, o bisitahin ang kanilang website, www.chickendelibacolod. com.

I-like sila sa Facebook at sundan sila sa Twitter.

INNOVATION from Page B4...

create the most wonderful experience possible for each of its over 6,000 employees nationwide. This award is presented to companies that take on a people centric approach and demonstrate strong commitment towards employee empowerment and enrichment.

The winning companies show advocacy for investment in people, recognition and retention, improving employee's job satisfaction, practices fair communication, and promote work life balance. Companies like Globe who have received this award have low attrition rates, houses a great pool of talents, and have a practice of knowledge sharing among employees and stakeholders.

Globe partners with employees in building a workplace that is dynamic, entrepreneurial, collaborative and innovative through a number of initiatives.

In early 2014, Globe was also recognized as Asia's Best Employer Brand at the 5th Asia's Best Employer Brand Awards and Best Workforce at the 1st Sustainable Business Awards Philippines.

The company conducted a roadshow in major business schools in the US including Harvard Business School, Wharton University of Pennsylvania, and Kellogg School of Management. Aside from Cu, Globe key executives were warmly received by close to a hundred students from the top universities.

Highlights of the roadshow include latest trends in the telecommunications industry in Asia and the Philippines amid the proliferation of over-the-top messaging services. Globe also drew attention to its winning culture and Circle of Happiness philosophy where happy employees understand their value and contribution, creating more opportunities for better products and services for customers to enjoy. Happy customers circle back to increased business growth, delighting shareholders as well.

Last year, Globe was hailed as Top Company to Work For In Asia at the Asia Corporate Excellence and Sustainability (ACES) Awards 2014, a testament to its efforts to

BusinessWeek MINDANAO

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BEST IN BUSINESS AND ECONOMIC REPORTING

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DSWD: Adopted children have equal rights as bio ones

By RECTHIE T. PACULBA

With the theme, “Legal na Ampon Ako: Anak na Totoo” (A Child Finds Worth in Legal Adoption), The Department of Social Welfare and Development (DSWD) emphasizes that adopted children have the same rights as biological ones in celebrating the Adoption Consciousness Week on February 17- 28.

Several activities were linedup by the department to enable children in crisis restore their normal function towards family

reunification and community reintegration through adoption and these include the Alternative Family Care Forum, Parenting Skills Enhancement for Adoptive and Foster Parents, press conference, and radio program.

During the press conference held on February 25 at the Philippine Information Agency-10 office, Sean Pamela Balais, Adoption Focal Person of the Protective Services Unit, said that they aim to highlight the various issues on adoption and generate public awareness and support for the legal adoption program.

She also added that in order to contribute to this campaign, people must not resort to simulating birth certificates where adopting parents have their names written as the parents on their children’s birth certificates as this is also considered a crime.

Under Philippine law, those found guilty of simulating birth may be penalized with imprisonment of six years and one day to 12 years, and/or a fine not exceeding P50,000.

Meanwhile, Delia Maravillosa, social welfare officer II of the Regional Studies and Reception

Cleanfuel expands to

the north

Cleanfuel, the country’s leading supplier of environment-friendly LPG Autogas, heads off to a great start this 2015 with more gas stations to serve you!

With their recent expansion in the south, they are now heading up north to plant more Green Gas stations in Villasis, Urdaneta, Pangasinan and La Trinidad, Benguet Province!

Strengthening their commitment in providing environment-friendly fuel at very affordable prices, Cleanfuel expands its horizons in the country.

Since Cleanfuel’s first station opened

in 2007, the gas company now provides top quality Premium 95 Octane, Diesel, and Autogas LPG at more affordable prices.

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Center for Children (RSCC), said that DSWD provides a residential facility on a temporary basis to children whose needs cannot be adequately met by their own families and relative over a period of time and to those children who were abandoned or voluntarily relinquished due to reasonable cause.

As of February 2015, RSCC caters to 47 children including those who were physically neglected and sexually abused.

Gloria Mosqueda, social welfare officer III of the Protective Services Unit, also mentioned that they continuously

conduct an advocacy forum to let the local government units know about the process of adoption.

“Because there are a lot of people in the community who don’t know about the adoption process and didn’t know where to go if they have the intention to adopt,” Mosqueda said.

Thus, Balais added that people can go directly to DSWD Field Office for more information or they can call (088) 858-1663 or (088) 858-8134 or visit their website at www.fo10.dswd.gov.ph to know more about the adoption process and requirements.

(RTP/PIA10)

Up to 50% Saving with SM Babies March is here. And along with it comes big savings.

Moms and dads, enjoy up to 50% OFF on great fashion finds at the SM Babies Sale.

Happening from March 1 to April 5, 2015 at The SM Store, Cagayan de Oro, it’s the one sale all parents with precious little ones have been waiting for.

From cute little onesies, knit pants, boots and everything else in between, get easy access to a myriad of comfortable fashion pieces that come in an assortment of colors, styles and fabrics all under one roof.

Head on to The SM Store, Cagayan de Oro between March 1 and April 5, 2015 and stock up on your baby’s must-haves now!

VIBE

BusinessWeek MINDANAO MONDAY | MARCH 2, 2015

editor: SHAUN ALEJANDRAE YAP UY

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Globe pushes innovation drive thru culture of diversity

G

lobe Telecom is pushing its innovation drive to develop products and services that will enrich the Filipino digital lifestyle by cultivating a culture of diversity among its employees.

The telecommunications company is hoping to nurture a work environment where disruptive, innovative and customer-centric ideas will prosper.

“Having a healthy mix of employees with different backgrounds and expertise encourages collaboration and learning various cultures. As the country’s leading mobile services provider, our multinational talents also help strengthen our global perspective.

We are doing this to prepare for the future so we can continue to deliver fresh ideas and experiences to our customers,” Globe President & CEO Ernest Cu said.

One project to support the development of a culture of diversity involves an internship and recruitment program, establishing a strong academeindustry linkage between Globe and identified Ivy League schools.

The program promises to attract and build a pipeline of MBA talents from the top US business Key Globe Telecom executives led by President & CEO Ernest Cu, (center, standing) and Chief Human schools within the organization.

Resource Officer Ato Jiao (extreme left, foreground) pose with a number of students from Wharton at a INNOVATION | Page B2 recent roadshow at the Ivy League university.

Mayor Oscar and Mrs Arlene Moreno view the 4-foot tall birthday cake from the Cagayan de Oro Tourism Council during the mayor’s birthday party at the city hall quadrangle last 27 Feb 2015. (photo by MIKE BAÑOS, NPN)

Mayor Oscar Moreno blows the candles on the 4-foot high birthday cake from the Cagayan de Oro City Tourism Council during the mayor’s birthday party organized by the city hall dept. heads held at the city hall quadrangle last 27 Feb 2015. (photo by MIKE BAÑOS, NPN)