BusinessWeek Mindanao (May 30, 2016)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 143

Market Indicators As of 6:23 pm May 27, 2016 (friday)

FOREX

PHISIX

US$1 = P46.668

7,411.68

X

3 cents

35.30 points

X

Briefly Coke’s Misor expands COCA-COLA FEMSA Philippines, Inc. is expanding its beverage line in Mindanao with the production of additional non-carbonated drinks such as juices and water in its three factories in the southern mainland. Coca-Cola FEMSA Corporate Affairs Director Juan Carlos Dominguez said in an interview here that the initial expansion will be at the Misamis Oriental plant in the Northern Mindanao Region. The two other plants of Coke FEMSA Philippines, which is 51% owned by Mexico’s Coca-Cola FEMSA S.A. de C.V., are located in Davao City and Davao del Sur province, both in the southern part of Mindanao. “We will be developing the market (for the new beverages), particularly in Mindanao and Davao City is an important place for that,” Mr. Dominguez said.

New schools THE Budget department has released P500 million to fund the construction of new public schools in Mindanao to cater to students from indigenous communities. In a statement, the Department of Budget and Management (DBM) said it disbursed the funds to the Education department to finance the building of 605 classrooms across 251 sites in the Southern Philippines. Specifically, the new schools are targeted to cater to 23 indigenous peoples’ communities based in the provinces of Zamboanga del Sur, Zamboanga del Norte, Zamboanga Sibugay, Bukidnon, Misamis Oriental, Lanao del Norte, Compostela Valley, Davao del Norte, Davao del Sur, Davao Oriental, Sarangani, South Cotabato, Sultan Kudarat, North Cotabato, Agusan del Sur, Surigao del Norte, Surigao del Sur, and Agusan del Norte.

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P15.00

Mindanao looms as haven for franchising WITH DUTERTE VICTORY

D

By ANTONIO L. COLINA IV, MindaNews

AVAO City -- After the victory of the first Mindanawon candidate in the 2016 presidential race, a business leader said he sees a huge potential for Mindanao as a growth area for franchising business. Philippine Franchising Association (PFA) chairman emeritus Samie Lim said he believes that Duterte’s win will unlock the potentials of the island, as the incoming

president vowed to bring peace to Mindanao. He said Duterte’s promise of clean governance will also push Mindanao’s image up franchising/PAGE 11

CAMARINES Sur Rep. Leni Robredo on Friday said she is excited to work with President-elect Rodrigo Duterte after Joint Congress sitting as National Board of Canvassers (NBOC) declared them winners in the 2016 elections. The neophyte solon, in an interview with local journalists in Naga City,

could not hide her excitement after NBOC finished its job tabulating their votes where she edged out her closest rival, Senator Bongbong Marcos, by more than 200,000 votes. “ O bligasyon ko p o hindi lang bilang susunod na pangalawang pangulo, pero obligasyon ko po bilang Filipino na ibigay ‘yung 100 excited/PAGE 11

VP-elect Leni excited Hedcor’s power plant project to work with Duterte DAYBREAK IN OPOL. A usual scene during daybreak in Opol, Misamis Oriental. MindaNews photo by H. Marcos C. Mordeno

in gets 1M safe man-hours By MARK FRANCISCO, Staff Writer

HEDCOR Bukidnon lauded its contractor Sta. Clara International Construction for safeguarding the locals in the workplace while building the 25.4MW Manolo Fortich Hydro 2 in the province of Bukidnon. hedcor/PAGE 11

Sta. Clara International Construction COO Ulysses B a u t i s t a (second from left) raises the recognition he received from Hedcor. PIA

What will happen to the ‘Malacañang of the South’? By ANTONIO L. COLINA IV, MindaNews

DAVAO City – Few people, perhaps, know that there is a two-storey mansion dubbed as “Malacañang of the South” constructed during the time of former President Gloria Macapagal-Arroyo within the six-hectare compound of the regional office of the Department of Public Works and Highway (DPWH) in

Panacan. Will incoming President Rodrigo R. Duterte make this an extension of his office? Duterte’s executive assistant Christopher “Bong” Go confirmed early Thursday that the building is being prepared for Duterte’s use when he takes over the country’s highest position by June 30.

“It’s for office purposes and receiving guests. There’s just a slight repair and cleanup,” he told MindaNews. Standing just a few meters away from the shore, the “Malacañang of the South” was built during the time of erstwhile Public Works and Highways Secretary Hermogenes Ebdane, between 2005 and 2006, and completed south/PAGE 11

UNDER RENOVATION. The “Malacanang of the South,” located at the equipment yard of the Department of Public Works and Highways in Barangay Panacan, Davao City is undergoing a minor renovation in this photo taken Friday. The building was built during the administration of President Gloria Macapagal-Arroyo. Reports say incoming President Rodrigo Duterte may soon use this as an extension office. MindaNews photo by Toto Lozano

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Economy

DOLE holds labor, human relations productivity confab in MisOcc OROQUIETA City -- The Department of Labor and Employment, Regional Office No. 10 (DOLE-10), through its Misamis Occidental Provincial Field Office (Mis. Occ. PFO) conducted a Labor Relations, Human Relations and Productivity (LHP) seminar to the teachers and management of Deur and Deune Academe School of Technology Incorporated recently. DOLE-10 Regional Director R aymundo G. Ag ravante dire c te d a l l the PFOs in the region to advocate industrial peace and LHP is one of the programs of the Department to address the matter. “LHP is a labormanagement education

program that aims to inculcate adherence to labor laws, harmonize work relations and provide tools and techniques for a greater productivity and competitiveness at the work place,” DOLE-10 Mis. Occ. PFO Head Leonardo G. Rodrigo said. Rodrigo also said that the full-day seminar served as an avenue for the school faculty and staff to expand their knowledge on labor relations and other concepts such as but not limited to security of tenure, alternative dispute resolution strategies; human relation concepts including employee motivation, meaningful communication, positive values; and productivity techniques through 5S.

The one-day cours e was participated by five teaching staff of Deur and Deune Academe School of Technology Inc. The school had just opened recently in April, this year. Likewise, on March 15, the Provincial Office had conducted yet another LHP seminar to several teaching and non-teaching staff of the Misamis Institute of Technology, Incorporated (MIT, INC) in Ozamis City with 38 participants. In line with D OLE’s advocacy, the department particularly encourages workers and employers in the private sector to become responsible partners in the promotion of productive and decent workplaces, by actively

adopting LHP’s three-core module. As for the schools, it is recommended that school administrators, educators and other stakeholders in the education system participate in valuable staff development programs that aim to enhance productivity. LHP will keep teachers abreast of current developments in labor laws; ensure professional growth of teachers in knowledge, dole/PAGE 10

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6 ‘small scale’ mining facilities in Agusan del Norte padlocked BUTUAN City -- At least six ‘small scale’ mining facilities have been padlocked in Agusan del Norte for operating without permit and environmental clearance certificate (ECC). The cease and desist order dated September 3,2015 was implemented only last Thursday by a multi-agency team headed by the Regional Office of the Mines and Geosciences Board (MGB). Other members of the team agents from the National Bureau of Investigation, Community Environment

and Natural Resources Office, Philippine National Police and provincial, city and barangay representatives. Ad o r Pat i n o, M G O regional office engineer and head of the joint team, said the implementation of the closure order has encountered delay due to security reasons. Patino said the cease and desist orders has been successfully implemented this time with the help of the police and NBI personnel. The small scale mining facilities owned and operated padlocked/PAGE 10

Ambassador Jose L. Cuisia, Jr. meets with the CdO delegation at the Phil. Embassy in Washington, D.C. (Photo by Mike Baños, NPN)

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CEB teams up with Visa for exclusive seat sale Offers one-way fares to holiday destinations for as low as P1,099 all-in

The Philippines’ leading airline, Cebu Pacific Air (PSE: CEB) partners with Visa to offer allinclusive seat sale fares to some of the most popular destinations in CEB’s extensive flight network. The seat sale is available starting today to June 9, 2016, or until seats last, for travel from July 1 to December 15, 2016, and is exclusive to Visa cardholders. Visa cardholders who wish to make the most out of the long weekends in the second half of 2016 can book flights from Manila to Kalibo and Cauayan (Isabela) for as low as P1,099. P1,299 seats

are also up for grabs from Manila to Bacolod, Cebu, Iloilo, Legazpi, Tagbilaran (Bohol), and Tuguegarao. CEB flights from Manila to Caticlan, Davao, Dumaguete, and Puerto Princesa are also on sale for P1,599. Those with plans to go on vacation in Cagayan de Oro and General Santos can book flights from Manila for as low as P2,099. Meanw hile, international destinations are also on sale, for the same travel period. Those headed for Hong Kong can book flights from Manila for P1,699. Passengers can also fly from Manila to Singapore (P2,499), Busan and

Phuket (P2,699), or Incheon, Bangkok and Guam (P3,299). All fares quoted are for oneway flights, and are inclusive of country-specific taxes and fees*. Baggage allowance, meals, travel insurance and other ancillaries may be added to the fare per the passenger’s preference. To avail of this exclusive seat sale, Visa cardholders only need to input the promotional code “VISA” through www.cebupacificair.com. Terms & conditions apply. “We thank Visa for sharing our enthusiasm in helping Filipino passengers fulfill their travel goals.

We encourage everyJuan to take advantage of this ongoing seat sale and to book their flights ahead of time. This way, they can save up on air fares and spend more on much awaited leisure activities and gastronomic encounters at their dream destinations,” said Atty. JR Mantaring, CEB Vice President for Corporate Affairs. CEB offers flights to an extensive network of over 90 routes on 64 destinations, spanning Asia, Australia, the Middle East, and USA. For bookings and inquiries, guests can visit www.cebupacificair.

com or call the reservation hotlines (+632)7020-888 or (+6332)2308888. The latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook pages. Guests may download the Cebu Pacific official mobile app on the App Store and Google Play. C E B’s 5 7 - s t rong f l e e t i s comprised of 7 Airbus A319, 36 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. Between 2016 and 2021, CEB expects delivery of two more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.

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Changing of the guard Just a month from now, Rodrigo Duterte will assume the highest position of the land. I refrained from using the word “formally” because going by his pronouncements, his assumption could be anything but formal. Of course, we have our tradition. But that was before Duterte came into the scene. Here are some of the indications that we might be in for some drastic deviation from tradition. For one, he announced he would not wear the Barong Pilipino. He feels itchy wearing the barong. Moreover, he was quoted as saying it is best worn inside a coffin. Who really knows? He might come to his inauguration in a Maong Tagalog. Will he take his oath before the Chief Justice or an Associate Justice of the Supreme Court? That’s the tradition. But I would not really be surprised he if does it before a Barangay Chairman. Will he place his left hand on the bible, while reciting his oath as President. That has been the practice. But while he said he believes in God, he strongly asserts that he does not believe in religion. He might even raise a clenched fist. Will the oath-taking be at the Luneta? President Erap took his oath at the historic Barasoain Church. President Gloria did a two-

part inauguration, the second half being held at Cebu City. President Rude might want to hold his inauguration in Davao. Already, he has announced that he will be absent from his own proclamation as duly elected President by the joint committee of Congress – another signal of a possible break from tradition. Congress leaders are hoping though that Duterte would still change his mind. Will he hold residence at Malacanan palace? President Cory initially refused to reside inside Malacanan but was eventually persuaded (for security reasons) to stay in Arlegui House just across Malacanan palace. President Erap resided and held office in what is called the New Executive Building, a short walk from the Malacanan palace. PNoy preferred to stay at the refurbished Bahay Pangarap across the Pasig River. Did they believe in the much-talked about ghosts in the palace? Wit h h i s p opu l i s t penchant, Duterte might decide to convert Malacanan as a museum of the people and just stay in Davao. That will certainly boost political tourism in Davao due to the expected daily pilgrimages by political butterf lies, chameleons and balimbings. It will certainly be a security nightmare frequently moving the President from

Davao to Manila and back. But then, with the advances in communication, (excepting the super slow internet), Duterte could still effectively run the government out of Davao. Something like federalism in reverse. He just needs people in Manila who will dutifully execute (no pun intended) his programs, not the appointee’s own political agenda. What if ? Many analysts are still wondering whether the outcome of the elections would have been different had Grace Poe decided from the very start to play second fiddle to Mar Roxas. With the backing of the full machiner y of the LP (translation: the government), a Mar-Grace tandem would have been formidable. A strong team by the administration might have even deterred the entry of Duterte. With Grace as running mate, the issues of citizenship and residency would, in all probability, not been raised at all. True that the Supreme Court junked the petition against Grace but the controversy did take away quite a few points from her. At the last minute, Mar did make a frantic appeal for unity. But the appeal was unclear and it came too late. As the unofficial polls showed, the combined votes garnered by Mar and Grace exceeded the vote cast in

SPEAKING

O ut

Ignacio Bunye favor of Duterte. That is now water under the bridge. What came out clear in the end was the grace displayed by Grace in conceding defeat. Pacquiao in the Olympics? For a long long time, the Philippines has been hoping for that elusive Olympic gold medal. But sending Pacquiao to Rio to beat up amateur boxers is not the honorable way to achieve it. There is a whale of a difference between sending professiona l b asketb a l l players and professional boxers to the Olympics. In basketball, there is no deliberate intent to stop or punish an opponent. Pacquiao should immediately and unequivocally say “no” to this nonsense. Manny, you have already given more than enough honors for the country. Note: You may email us at totingbunye2000@gmail. com.

Physicians for Peace: hope for burn victims

Wearing Masks Think a minute…Have you ever pretended to be something you’re not? Maybe you did it to impress or please somebody. But the longer we act like someone we’re not, the better we get at it. We can even get so good at it that we actually fool ourselves and forget who we really are! It’s sad that the more we hide our real self the more lonely and unsure of ourselves we become. Whatmaskdoyousometimes wear? What kind of person do you pretend to be? Do you act strong and tough, so people won’t know that inside you sometimes feel weak, even afraid? Or do you wear the mask that says you’re a good religious person, even though in your heart you know you’re dishonest and sometimes lie or cheat other people of their money. Maybe you wear the funny joker and life-of-theparty mask. You feel like you always need to make a joke of everything so others will laugh and not know how lonely and unhappy you really are inside. There are many people who get drunk or take drugs because they’re tired of wearing their mask. And it’s only after some drugs or drinks that they feel free to take their mask off and stop acting like something they’re not. Some of them are actually desperate and lonely. They’re looking for real love and acceptance, in spite of the bad

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THINK

A Minute

Jhan Tiafau Hurst things they’ve done and who they really are inside. But it doesn’t matter what you’ve done, you can never shock Jesus Christ. With Him you can be your real self. The person you really are under your mask. Real Christians will love and accept you, even though they may not approve of everything you do. They won’t be shocked by anything you’ve done because some of them used to do those things too, before Jesus forgave them and gave them the power to change. So won’t you be honest with yourself and ask Jesus to forgive you for your past wrongs. Jesus will accept you just the way you are, but He won’t leave you that way. He will also free and help you to start changing to reach your potential and become the person He created you to be. Just Think a Minute…

LIFE’S INSPIRATIONS: “…`The King will reply, ‘Truly I tell you, whatever you d id for one of t he least of these brothers and sisters of mine, you did for me’…” (Jesus Christ, our God and Savior, in Matthew 25:40, the Holy Bible). -ooo CONGRATULATIONS PRESIDENT DUTERTE, VP ROBREDO: I congratulate Davao City Mayor Rodrigo Duterte and Camarines Sur Rep. Leni Robredo for their having won the May 2016 presidential and vice presidential elections, as attested to by the final tally made by our lawmakers sitting as members of t h e Nat i on a l B o a rd of Canvassers. This notwithstanding, I urge Robredo’s losing rival, Sen. Ferdinand Marcos Jr., to pursue his plan to file an election protest even if this is going to be another d r a g g i n g a n d br u i s i n g fight in his hands. There is just too much evidence of cheating against him for him to simply accept the results that saw his initial lead of a million votes vanishing af ter a computer manipulation by Smartmatic. Insofar as Duterte is concerned, our countrymen are now waiting for him to deliver on his promises,

particularly on wiping our drug lords and criminal syndicates. For Robredo, let us pray her victory is not the Plan B of the losing Liberal Party which had been bruited about before May 0 9 a s t h e Aqu i n o government’s maneuver to oust Duterte. -ooo LUNCH WITH BURN VICTIMS: I was invited to a lunch tendere d by the Physicians for Peace P h i l ip pi n e s ( P F P ) l a s t Thursday, May 26, 2016, at the Liquid Pool Restaurant at the Ocean Park at Lu n e t a , Man i l a , to s e e for myself how men and women whose bodies were burned and mutilated by fire in the not-too-distant past are coping with life. And was I shocked to learn that despite the huge budget of the Department of Health yearly---the sum was P87.6 billion for 2015--it has no prog ram to rehabilitate the victims, and help them return to the mainstream of social life! Of course, this neglect of many ailing Filipinos is a given, under the Aquino government, but burned victims should be given special treatment. The reason, I was told by PFP country representative Lyne Abanilla, a veteran in socio-charitable work for the poor and the

marginalized even when she was yet the vice president for advertising of the Manila Bulletin, is this: unlike other medical patients who easily recover, burn victims take much more to recover not only from the physical deformity of their bodies but from their depression as well. -ooo PH YSIC IA N S F OR PEACE, HOPE FOR BURN VICTIMS: I saw, for example, that even after their burned bodies have healed, the burn victims have to wrap themselves thoroughly when they have to meet other people, to hide their scars and their deformities, which maybe an u nwel c ome s i g ht to many. This alone prevents them from trying to seek employment or engaging in gainful work or simply socializing as before. This is a sure recipe for grave depression, which can often lead to unsavory results, like bad moods and tempers, suicide attempts which can be successful at times, or simply leading closeted or hermetic life styles. With no one---not e ve n t he D OH - - - re a l ly dedicated to assist these v ic t ims, t he out lo ok is of ten dim and, indeed, fatal. Thus, I was really thankful---and so were

K akampi

Mo A ng Batas

Atty. Batas Mauricio the burn victims that I met, whose stories I shall tr y to write ab out here later---that PFP is tr ying to help them, medically a n d p s y c h o l o g i c a l l y, like treating them to entertainment at sites like the Ocean Park. May be others who are much more blessed can share in this endeavor by calling Lyne, 0932 849 9212. -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 H O U R S a d a y, i n t h e Philippines and the world at w w w. f a c e b o o k . c o m / angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. E m ai l : b at a s m au r i c i o @ yahoo.com.

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Corporate events

Editor: CHENG ORDOÑEZ

6

Digital Terrestrial TV Asia now in Kagay-anon homes via ABS-CBN TVplus M

‘ADTEL, IONTECH bring ‘mahiwagang black box’ to CdeO’

OR E Fi l i pi n o s nationwide can now watch exclusive channels and superior entertainment content in dramatically clear picture and sound as digital terrestrial television (DTT), the biggest innovation introduced by ABS-CBN on Philippine TV, invades Cagayan de Oro. Through ADTEL, technology provider for telecommunications and broadcasting and IONTECH, distributor of information technolog y products, Cagayan de Oro becomes the second major region in Mindanao to experience digital TV via ABS-CBN TV plus. ABS-CBN TV plus or ‘mahiwagang black box,’ a popular term coined by journalist Ted Fallon in his program “Failon Ngayon sa DZMM,” was officially launched in Cagayan de Oro, Friday, May 27, through a ceremonial switch-on, during press conference held in Limketkai Luxe Hotel. ABS-CBN is the first media and entertainment company in the Philippines to make the historic switch from

analog to digital terrestrial television in 2015 and is the first to make DTT accesible outside Metro Manila as part of its goal to transform the TV viewing experience of Filipinos nationwide. Using dig it a l sig na l transmission, ABS-CBN TV plus promises TV viewing to be crystal-clear -- a huge distinction from the current analog system that most televisions in the country still use. It is offered for a one-time payment fee of P1,999, making more Filipinos experience the quality of cable TV in their homes without the monthly and installation fees. Apart from watching TV shows in crystal-clear quality, Filipinos in Cagayan de Oro can now access four exclusive free-to-air channels including CineMo, the first all-day movie channel on free TV; Yey,the first all-day kids channel without subscription; DZMM TeleRadyo, the first all-day news channel; and Knowledge Channel, the f i rst c ur r i c u lum- b as e d educational channel. As a leading company in bringing premium content to Filipinos, famillies can

explore the wide variety of shows on ABS-CBN TVplus like CineMo’s “Funny Ka Pare Ko,” the first local sitcom airing on digital TV in the country that stars Karla Estrada, Bayani Agbayani, Jason Gainza and the “It’s

Showtime” komikeros Ryan Rems, No Direction and the Crazy Duo. There’s also classic action and comedy movies from FPJ, Dolphy,and Robin Padilla in CineMo and fun adventures of Dora, Peppa

Pig, Spongebob and Naruto that kids can follow on Yey! Also available on ABS-CBN TVplus is the Kap am i ly a B ox O f f i c e (KBO), the newest feature that lets Filipinos families watch a wide array of hit

Star Cinema and Hollywood movies every weekend with a “Dolce Amore” catch-up marathon for only P30. However, families who will purchase the ‘mahiwagang black box’ beginning June digital/PAGE 10

Digital Terrestrial Television (DTT) executives Glen Enginco, DTT sales head for Visayas and Mindanao, Tweeny Divino, DTT Brand Communications manager, Deo Jordan, Digital Broadcast Operations head, Mark Awiten, CineMo Channel programming head with Donna Ocampo, ABS-CBN Cagayan de Oro station manager, doing the symbolic switch-on of the Digital TVplus during its launching by ADTEL and IONTECH of ABS-CBN TV plus, also known as the “Mahiwagang Black Box,” Friday, May 27, at the Limketkai Hotel, Cagayan de Oro City. (Christine Joy Rubin)

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Alsons to begin putting up 3 power plants this year A L S O N S CONSOLIDATED Resources, Inc. will start building three power projects in Mindanao this year: two coal-fired plants and a run-of-river hyd ro el e c tr i c f a c i l ity, the listed company told stockholders during its annual meeting on Friday. Alsons President Tomas I. Alcantara placed the coal power projects’ cost at around $1 billion “at today’s cost”, which covers the second phase or the next 105 megawatts of Sarangani Energy Corp.’s baseload coal-fired power plant in Maasim, Sarangani, and the 105-MW coal power facility under San Ramon Power, Inc. in Talisayan, Zamboanga City. T he amou nt , w h i ch includes the first phase of the Sarangani project, does not cover the 15-MW Siguil River hydroelectric plant, also in Maasim and which Mr. Alcantara estimated would cost about $3-$3.5 million per MW, or up to $52.5 million in total. “[These projects will] probably will be realized by 2018 or 2019,” he told reporters on the sidelines of the meeting. Once completed, the new projects are seen to

provide 30% surplus power for Mindanao, which Mr. Alcantara said was what the island’s industries need. He said at current power supply, they have only a 2% reserve, resulting in brownouts when even one plant breaks down. He also said financing for the projects would be sourced from borrowings and internal funds at a 70-30 ratio, and that the company was also looking at issuing more shares to shore up funds. Alsons previously said the the first section of the Sarangani coal plant began op e r at i n g l a s t m ont h , providing 105 MW of needed capacity to more than 3 million residents of Sarangani, Gen. Santos City, and other areas in Mindanao. The company said that when the project reaches its full 210-MW capacity in 2018, it will be serving at least 6 million people. The project’s two phases are estimated to cost $570 million, which Alsons claims is the single largest investment in Sarangani province and Soccsksargen as a whole. The 15-MW Siguil run-ofriver power plant is Alson’s first renewable energy venture. The facility is expected to be running by 2018. Aside from the Siguil

Globe says investment in SE Asia-US submarine cable link to exceed $80M GLOBE TELECOM, Inc. said the $250-million submarine cable system that will connect Southeast Asia and the US (SEA-US) is on track for completion by yearend, adding that the local telco’s investment will exceed the original budget of $80 million. “If we include the Davao construction, that adds up to the investments. The $80 million pertains only to the SEA-US system per se,” Globe Senior Vice-President for Corporate Communications Yolanda C. Crisanto said, but declined to disclose figures. The SEA-US submarine cable system will link Davao; Manado in Indonesia; Piti in Guam; Honolulu; and Los Angeles. It is around 15,000 kilometers in length, along a unique route, and has been designed and engineered to bypass earthquake prone areas in East Asia. An international consortium of six telcos started building the SEAUS undersea cable system in March 2015. These are PT Telekomunikasi Indonesia International (Telin), RAM Telecom International (RTI), Hawaiian Telcom, Teleguam Holdings (GTA), Globe unit GTI Corp. and Telkom USA. “Globe expects to see

the completion of a new submarine cable system by end of the year, directly connecting Southeast Asia to the United States,” Ayala’s telco arm said in a statement yesterday. The SEA-US undersea cable system will provide “superior” latency, delivering an additional 20 terabits per second design capacity, and utilizing the latest 100 gigabits per second transmission technology. The National Te l e c o m m u n i c a t i o n s Commission (NTC) defines latency as the measure of delay when data travel from source to destination. These delays cause the conversation to come off as “unnatural” when using Voice over Internet Protocol such as Viber and Skype, and a high latency causes a “sluggish” online gaming experience. NTC’s first Internet speed test from Feb. 15 to March 10 showed Globe had the lowest latency at 185 millisecond (ms); compared to Philippine Long Distance Telephone Co.’s (PLDT) 189.33 ms; Sky Broadband’s 275.33 ms; and Bayantel’s 309.89 ms. “This new cable system will also help underpin lo cal economic growth globe/PAGE 10

project, Alsons plans to develop other run-of-river projects, with a total potential capacity of 185 MW across Mi nd ana o and Ne g ro s Occidental, the company said. The San Ramon coal-fired power plant is expected to begin operating in 2019 and serve Zamboanga City and nearby areas. Alsons currently operated three diesel power facilities: the 103-MW Mapalad Power

Corp. diesel plant in Iligan City, the 55-MW Southern Philippines Power Corp. plant in Alabel, Sarangani, and the 100-MW power plant of Western Mindanao Power Corp. in Zamboanga City. Alsons said that by 2019, it will have about 588-MW generating capacity, which the company said could serve around 25% of Mindanao’s projected peak power demand for that year.

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AirAsia looking to ‘clean up’ operations in PHL, Indonesia AIRASIA BHD., Southeast Asia’s biggest budget carrier, plans to expand its fleet as it taps demand in a region projected to surpass the U.S. as the world’s biggest airtravel market in two decades, led by China. The airline is looking to add five aircraft this year and as many as 10 more in 2017 “depending on demand,” Chairman Kamarudin Meranun said in an interview in Kuala Lumpur Wednesday. The company is also planning to increase the number of destinations in China from

18 and frequency of its flights in the world’s second-biggest economy, he said. “We see the strongest growth in China,” he said. AirAsia, which is scheduled to release its quarterly earnings later on Thursday, currently has about 170 aircraft in its fleet. AirAsia is among airlines in the region adding more aircraft as economic growth and rising incomes make air travel affordable to more people. Last month, Xiamen Airlines Co., a unit airasia/PAGE 10

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Banking&Finance

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Unionbank beefs up defenses vs money laundering, cyber attacks ABOITIZ-led Union Bank of the Philippines is set to spend P1 billion this year in order to beef up its defenses against money laundering and cyber attacks. The amount that was earmarked as the bank’s capital expenditure was the same as it spent last year, bank president and chief operating officer Edwin Bautista said. He said the bank has re v i e we d its pro cess es involving money laundering following the hacking of Bangladesh central bank and

the diversion of $81 million in stolen funds into the Philippine financial system. The cyber heist, one of the biggest in recent memory, spawned an international investigation involving t h e F B I , Int e r p o l an d authorities in Bangladesh and the Philippines. It spurred an inquiry by the Philippine Senate’s Blue Ribbon committee, which conducted seven hearings and is rushing for early June a report proposing tighter restrictions under

the antimoney-laundering law (AMLA), and those on foreign currency deposits and bank secrecy. The Bank of Bangladesh cyber heist also put on the spot the Society of Wo r l d w i d e I n t e r b a n k Financial Telecommunication (SWIFT), a cooperativelike entity providing secure messaging services and interface software to wholesale financial entities. Unionbank: guard up vs attacks As for Un i onb an k’s

initiative to shore up its own defenses, Bautista also said it raised its guard against cyber attacks, which tend to victimize unknowing customers. “So the very first thing that we did after all these broke out, we ordered a reevaluation of our entire process, not just limited to AMLA but all those peripheral activities that may surround that whole AMLA issue -- know your customer, we’re looking at cybersecurity, and also all of those things. We’re also spending heavily

BDO renews SEF partnership with IFC BDO Unibank, Inc. has renewed its Sustainable E n e r g y F i n a n c e ( SE F ) Program partnership with the International Finance Corp. (IFC), the private sector arm of the World Bank, as part of its continued efforts to impart to clients the best international practices on clean energy. In the last five years since the Bank has started the program in 2010 and partnered with IFC, it was able to finance several hydro power plants, biomass power plants, wind power

projects and energy efficiency investment projects, which contributed to the reduction of greenhouse gas emissions. This time, the renewal of the partnership focuses on further enhancing BDO’s expertise and understanding of solar power generation and green building projects. Consequently, this will allow the Bank to give the private sector appropriate financing for sustainable energy investments. Estimates show that there is a substantial potential market for solar power

generation that BDO can tap. Apart from this, BDO also expects investment requirement for environmentfriendly buildings to increase, especially with the passage of the National Green Building Code in June, 2015 and its subsequent implementation beginning the first quarter of this year.

“BDO recognizes the importance of partnering with IFC in catalyzing private sector investment in sustainable energy development covering emerging markets. With this partnership, BDO will continue to support and promote green financing that renews/PAGE 9

in terms of systems that are AMLA related, systems that are c y b er-security related, and those sorts of things,” Bautista told a news conference after the bank’s annual stockholders meeting Friday afternoon. The move is part of the bank’s digital transformation efforts, which aims to make its online channels much more efficient and its processes working beyond the normal banking hours. Bank officials also said they are bullish on their prospects with the entry of the new administration. Through its thrift bank subsidiar y City Savings B ank, Inc., Unionb ank has increased its presence in key cities in Mindanao such as in Z amboanga, Pagadian, General Santos, and Kidapawan even before the elections. And, with the incoming presidency of Davao City Mayor Rodrigo Duterte, the bank is hopeful that business in Mindanao will flourish.

Betting on Mindanao “We see Mindanao as a growth area for both c ons u m e r f i n an c e an d corporate banking loans,” s a i d Eu g e n e Ac e v e d o, UnionBank senior executive vice-president. “We’ve made our bet on Mindanao even before the political exercise. For us, this is like almost a gift that beyond our plans, there’s s omet hing els e, t here’s somebody else who will make sure that Mindanao will get its deserved share, and hopefully soon it will become a land of fulfilled promises.” Un i o n B a n k i s a l s o increasing its retail banking bu s i n e s s t h rou g h C it y Savings Bank -- which now contributes about 40% to the bank’s profits -- by entering i nt o t h e m i c rof i n a n c e business. The bank is also mulling over its entry into the wealth management business, where the upper middle segment attacks/PAGE 9

Teachers’ commitment in handling open high school program By Christopher C. Bayloces Teacher III- Lourdes Alubijid NHS

Teachers’ commitment is a key factor influencing the teaching-learning process. It is the psychological identification of the individual teacher with the school and the subject matter or goals, and the intention of that teacher to maintain organizational membership and become involved in the job w e l l b e y on d p e r s on a l interest. This view shows that the higher the teacher’s psychological identification is, the higher

would be his or her sense of commitment. The Committed Teachers of the Open High S cho ol Program could motivate and encourage healthy competition among i n d e p e n d e nt l e ar n e rs . OSHP learners have more f re e t i m e for s tu d i e s , research and other creative activities. The Teachers have the opportunity to teach both in regular and OHSP classes, thus they more enjoy free and relax teaching schedules. Two

OHSP classes is equivalent to one regular load/section. In t h e D i v i s i o n o f Misamis Oriental, there are five secondary schools offering this OHS program. The findings revealed that teachers in OHSP were very much committed in Face to face blended learning, Distance Blended Learning and Home s cho oling Independent Learning. The students also rated their teachers were much committe d. The O p en Hi g h S cho ol Te a che rs

occasionally encountered problems in teaching OHSP, such as: completion of the requirements, distance of home to school to followup the students and no time for family on Saturdays and Sundays . Coping Strategies were often employed by the OHSP teachers with their encountered problems, such as: conduct formative evaluation, motivate students to comply the requirements, and request t o a l l o c at e b u d g e t i n MOOE.

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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

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

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Just pay 5% DP and move into your brand new condo unit!

Filinvest offers express move-in promo for RFO condos

D

id you know that you can own your dream condo without paying move-in fees and loan application charges? Fi l i nvest ma kes t h is possible with the Express Move-in Promo for its readyfor-occupancy (RFO) condo projects in Cebu and Cagayan de Oro. Owning a condo is now easy, light on the budget and hassle-free even for firsttime condo buyers. The Express Move-in Promo is open to buyers availing of bank financing. All they need to do is pay 5% down payment and they can move in right away. But what makes this promo more attractive is that Filinvest will take care of all movein fees and loan application charges. This means big savings and extra convenience with two less items to worry about. The buyer just needs to secure bank approval and let Filinvest do the rest. “There’s now a growing demand for RFO condo units so we created this promo to tap into this distinct set of buyers. We want to provide a hassle-free experience to our buyers, particularly to first-time condo owners and those who want to move in right away,” says Tristan Las Marias, Filinvest First Vice President and VisMin Cluster Head. He explained that buyers sometimes forget to budget for bank loan application charges and condo move-in fees, which combined can amount to almost 2% of the

Renews... from page 8

will help reduce the adverse effects of climate change,” said BDO SEVP and head of institutional banking Walter C. Wassmer. Valentino B agatsing, principal investment officer of IFC, voiced that the business sector has to align its activities with environmental protection aside from just targeting profits. “Good environment makes good business,” he said. “Sustainability is the only way to go.” On solar power generation, IFC will provide BDO with technical expertise in ass e ss i ng t he te ch n i c a l and financial viability of solar photovoltaic (PV) projects through offsite support for solar projects. Also, as part of t h e s e r v i c e a g re e m e nt , IFC’s global solar expert has conducted a briefing last March 11 on global solar PV (photovoltaic) t re n d s a n d c re d it or s’ general guidelines in assessing solar projects.

Shown in above photo are representatives from Leuterio Realty with Filinvest Branch Manager Mr. Franz Josef Enriquez (center) during the opening of Filinvest One Oasis Mall booth at Limketkai Center for the FILINVEST EXPRESS MOVE-IN PROMO LAUNCH last May 20, 2016.

contract price. “Not being able to pay this on time can delay the move-in date. We want to save the buyer from this unpleasant experience,” says Las Marias. He added that the promo is also Filinvest’s response to the huge demand for RFO condos in Visayas and Mindanao. “People are now more interested in buying units that they can use right away and Filinvest is in a strong position to address this market opportunity with our growing list of completed condo projects.” With a range of residential choices, buyers can surely find the condo that fits their lifestyle. Harried urbanites can come home to the resortstyle communities of One Oasis Cebu and One Oasis Cagayan de Oro. For relaxed M o r e o v e r, I F C w i l l conduct training sessions on green building including the Excellence in Design for Greater Efficiencies or EDGE to BDO’s various groups.

Attacks... from page 8

of the market is looking to get advice and help in the preservation of assets as well as estate planning. “Wealth management in this country tends to be very focused on pushing products, going after yield. The kind of wealth management we are looking at is focused on creating more certainty, to returns. In other words, managing the volatility of the asset classes,” Acevedo said. The bank’s executives did not provide ballpark figures on their income targets for this year but said they expect current growth rates to be sustained for the rest of 2016. The bank booked a net income of P2.4 billion from January April, up by 28.1% from P1.9 billion in the same months last year.

seaside living, they can opt for the mid-rise enclaves of Amalfi and Sanremo Oasis at City di Mare, located within Cebu’s South Road Properties. For those who prefer a central location, Grand Cenia Residences features a dynamic lifestyle in downtown Cebu City. All these projects offer ready-for-occupancy condo units of varying sizes – 3-bedroom, 2-bedroom and studio units. They also have completed clubhouses and open space amenities which are now ready for residents to enjoy. “We urge our buyers to take advantage of this opportunity,” adds Las Marias. “They can start getting returns on their investment right away, whether they choose to live in their unit or

rent it out. It’s like an express lane to condo ownership.” Las Marias added that the Express Move-in Promo is line with Filinvest’s mission to build the Filipino dream. “We want Filipinos all over the country to realize their dream of owning a home. We are happy that more families will now be able to enjoy the units and amenities of our RFO projects in Cebu and Cagayan de Oro.” The Filinvest Express Move-in Promo runs from May 3 to July 31, 2016 and is available to all local sales only. For more information, please call the Filinvest Cagayan de Oro office at (0917) 305-8888. See flyers and log on to www.filinvest.com. ph for details. Terms and conditions apply.

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Digital... from page 6

will be entitled to a free one month trial to KBO. To avail of the free trial, use the ABSCBN mobile prepaid SIM that is bundled with the TVplus upon purchase and text KBOFREE <space><TVplus BOX ID> to 2131. In June, the roster of the KBO movie line-up include “Beauty and the Bestie,” “Petrang Kabayo,” “No Other Woman,” “You’re Still The One,” “All You Need is PagIbig,” “Pagpag,” “Griffin & Phoenix,” and “My Soul To Take,” among others. Once free trial to KBO expires, families can continue their commercial-free KBO weekend movie marathon by loading P30 to their ABS-CBN mobile SIM that comes with the ABS-CBN TVplusbox and registering by texting KBO30 <SPACE> <DATE OF AIRING> <SPACE> <TVplusBox ID> to 2131. The box ID is found in the Settings of the ABS-CBN TVplus box. To know the movie line-up per weekend and date of airing, text KBO30 <SPACE> LIST to 2131. Aside from entertainment, ABS-CBN pioneered as well the first-ever emergency warning broadcast system or EWBS, which is embedded in the ‘mahiwagang black box’ to provide users information on what to do during an emergency, solidifying the company’s status as a leader in bringing world-class innovations closer to the Filipino people. Another great feature of the’mahiwagang black box’ is the ABS-CBN TVplus Tambayan that is a one-stop information hub of Filipino families to know about weather news, sale alerts, and even kitchen recipes that are all accessible in just one push of a button.

ABS-CBN T Vplus is a device that works well with all kinds of TV’s sets, even older ones. The boxes priced at P1,999 are bundled with an ABS-CBNmobile SIM and are available in Robins on’s Appliance’s, Octagon Computer, Abenson Appliances, SM Appliance, SM Store, Silicon Valley, Gaisano Interpace Computer S y s t e m , Te c h n o m a r t , Wizmaster, Graphic. Meanwhile, load for ABSCBNmobile is available in SM Store, SM Savomre, 7-eleven, Cebuana Lhuillier, Generika, and sari-sari stores or telco tiangges that have autoload max. As ABS-CBN T Vplus becomes available in Cagayan de Oro, Filipino in other areas in the Philippines will soon experience watching excellent content that caters to all family members in crystal clear viewing. Aside from Cagayan de Oro, coverage area of ABS-CBN TVplus is available where digital signal transmission is currently available like Metro Manila, GMA, Rizal, Cavite, Laguna, Bulacan, Pampanga, Nueva Ecija, Tarlac, Pangasinan, Benguet, Metro Cebu and Davao City.

Padlocked... from page 2

by Alfredo Roa, Nenita Ito, Jose Silao, Alfredo Labarete, Jr.; Lito Catarig and Jehu Cagaanan are located in Bgy. Comagascas in Cabadbaran City, Agusan del Norte. Patino said the closure of the mining facilities was temporar y, pending the application for a “Minahan ng Bayan” permit. The application, according to Patino, is now at their MGB central office in Manila for endorsement to the DENR secretary. “Once the permit is approved by the DENR and

the necessary clearance to the provincial mining regulatory board (PMRB), the provincial mining board can then issue the permit providing for the legal source of ore and the small scale mining facilities can legally apply for mining processing facility,” Patino explained. For the meantime, Patino said they have to implement the closure order “for the protection of the environment, safety of the workers and the public in general.” (PNA)

DOLE... from page 2

skills and attitude in line with the changes in the education system and help improve their continuous productivity in their jobs. These high aspirations resulted in meeting more than half of the target for LHP set for this year. “End of April 2016, we have already accomplished 70% of our target,” Misamis O c c i d e nt a l P F O He a d Leonardo Rodrigo declared. The activity was held on 14 April 2016 at the Deur and Deune Conference Hall, Brgy. Poblacion, this City.

AirAsia... from page 7

of China Southern Airlines Co., ordered 10 single-aisle jets worth about $851 million from Boeing Co., while the U.S. planemaker and its European rival Airbus Group SE split a $9.9 billion order for wide-body jetliners from China Eastern Airlines Corp. Inter nat iona l visitor demand into the Asia Pacific region is forecast to grow at an average rate of 4.6% each year to more than 657 million by 2020, according to a report released last month by Pacific Asia Travel Association. S o u t h e a s t As i a w i l l

continue with its dramatic increase in foreign arrivals, improving its relative share from just under 20% in 2015 to around 22.5% by 2020, when it will rival the share of the Americas at that time, the report said. By 2034, one in five passengers in the world will be traveling to, from, or within China, according to the International Air Transport Association. AirAsia carried 13.9 million passengers in the first quarter, according to preliminary operating statistics on May 9. That’s 17% more than the same period last year and well ahead of 6% increase in capacity. The company is projected to report a flat net income of 1 4 9 m i l l i on r i ng g it ($36.3 million) for the three months through March, according to the average estimate of analysts surveyed by Bloomberg. A i r As i a X B h d . , it s long-haul arm, on Tuesday reported first-quarter net income of 179.5 million ringgit, swinging from a loss of 125.9 million ringgit a year ago. Revenue rose 25% to 970.7 million ringgit. AirAsia is also looking to “clean up” its operations in t he Phi lippines and Indonesia this year, Mr. Kamarudin said, adding that the plan won’t involve additional funding from t h e c o m p a ny. A i r A s i a Philippines is on track for an initial share sale in 2018, he said. Shares of the low-cost carrier slipped 0.5 percent to 2.21 ringgit as of 10:12 a.m. in Kuala Lumpur. They have surged 74 percent this year, outperforming the benchmark FTSE Bursa Malaysia KLCI Index, which declined 3.5 percent over the same period. -- Bloomberg

Globe... from page 7

a s it prov i d e s supp or t for expanding business requirement for data,” Globe said. “The said advances will also sustain the growth of digital trends such as cloud computing, mobile Web services and e-commerce to name a few.” The telco had said two million homes will have an Internet speed of at least 10 Megabits per second by 2020, as it seeks to shed the Philippines’ reputation as having one of the slowest Internet speeds in the region. The company will build

more cell sites and deploy fiber optic cables in 20,000 barangays nationwide using most of its $750-million capital expenditure budget t his ye ar. In 2015, t he company spent around P32.1 billion or approximately $704 million in capital expenditures to support its growing subscriber base and the strong demand for data. Globe’s net income last year jumped by 23% year on year to P16.5 billion from P13.4 billion in 2014. Consolidated service revenues hit a record P113.7 billion, 15% higher than the previous year’s P99 billion.

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Franchising... from page 1

as an ideal location for franchising business. Given the much needed attention boost, the executive believes that the island is an EXTRAJUDICIAL SETTLEMENT OE SETATE OF THE LATE FLORENCIA G. DON Notice is hereby given that the intestate estate of the late FLORENCIA G. DON died at Iligan City, left A PARCEL OF LAND LOT NO.1491-D-3-A, of subdivision plan, being a portion of lot No. 1491-D-3-, Psd-12015842 containing an area of TWO HUNDRED (200) Square meters more or less that VOLTAIRE DON, FLORINA DON-SANTOS, RONNIE DON & LUDGER DON all of legal age and residing at Iligan City. Hereby adjudicate and partition unto themselves the said parcel of land among themselves by means of this document that for and in consideration of FIFTY THOUSAND PESOS (P 50,000.00) the receipt where of is hereby acknowledge from the Vendee, MARIETES P. BACUS. Hereby SELL, TRANSFER and CONVEY absolutely, in a manner absolute and irrevocable unto the said VENDEE, her heirs and assigns, a Two Hundred (200sq.m) of the hereditary state, free from all liens and encumbrances is the subject of EXTRAJUDICIAL SETTLEMENT OE SETATE OF THE LATE FLORENCIA G. DON Under Notary public ATTY. ANGEL ARIZO LIM JR., per doc. No. 33; page No.7; book No. III; series of 2016 BWM: May 16, 23 & 30, 2016

important destination not only as a potential expansion area for businesses coming from outside Mindanao but also for homegrown e nt r e p r e n e u r s s e e k i n g opportunities in other parts of the country. “Mindanao will be a key player now,” he said. He added that businessmen are also hopeful of Duterte’s stance against corruption, which he believes will boost the business confidence of the entrepreneurs to explore the island through franchising scheme. Lim said he saw huge potential in the cities of Davao, Butuan, Cagayan de Oro, Iligan, Zamboanga, Cotabato, and General Santos. PFA defines franchising “as a method of practicing and using another’s perfected business concept. In a franchise relationship, the franchisee is granted the right to market a product or a service under a marketing plan or a system that uses the trademark, name, logo, and advertising owned by the franchisor.” In a statement, PFA president Alan Escalona said their group is holding franchising shows outside of Metro Manila to help other businesses outside of the capital seize opportunities, which would further boost the economy by creating enterprises and jobs.

Republic of the Philippines REGIONAL TRIAL COURT 12th Judicial Region, Branch 21 Kapatagan, Lanao del Norte ERLINDA M. DELA CRUZ, Plaintiff,

CIVIL CASE NO. 21-409

- versus -

FOR: SUM OF MONEY

MERELY DIONALDO, Defendant. x- - - - - - - - - - - - - - - - - - - - / NOTICE OF SALE ON EXECUTION OF REAL PROPERTY WHEREAS, by virtue of the Writ of Execution dated October 23, 2015 issued by HON. ALBERTO P. QUINTO, Acting Presiding Judge of this Court in the above-entitled case, for the satisfaction of the judgment, directing the defendant Merely Dionaldo to pay to the plaintiff Erlinda dela Cruz, the sum of EIGHT HUNDRED EIGHTY SEVEN THOUSAND, FIVE HUNDRED (P887,500.OO) PESOS, Philippine Currency as principal, and the legal rate of interest thereon at one percent per month from the finality of this Decision (October 5, 2015), lawful fees in the service of this Writ, publication and other related incidental expenses. LEVY was made by the undersigned Sheriff on May 6, 2016 thru the Register of Deeds of Lanao del Norte on the rights, interests and participation which defendant have in the realty described more particularly, as follows: TRANSFER CERTIFICATE OF TITLE NO. T-24,522 Registry of Deeds of Lanao del Norte A parcel of Residential Land (Lot 450-C-3-1-7, of the subdivision plan Psd-12-006373) being a portion of Lot 450-C-3-1 Psd-12-003542, situated in the Barrio of Maranding, Municipality of Lala, Province of Lanao del Norte. Bounded on the E., along line 1-2 by Lot 450-C-1-8; on the S., along line 2-3 by Lot 450-C-3-1-6; on the W., along line 3-4 by Lot 450-A (LRC) Psd-211177; and on the N., along line 4-1 by Lot 450-C-3-1-8 of the subdivision plan. Registered in the name of MERELY M. DIONALDO, of legal age, Filipino, married to Thomas A. Dionaldo and a resident of Maranding, Lala, Lanao del Norte. Containing an area of TWO HUNDRED FOURTY (240) SQUARE METERS, more or less. NOW, THEREFORE, by virtue of the said Writ of execution and in accordance with Rule 39, Section 19, of the Rules of Court, the undersigned Sheriff will Sell at Public Auction to the highest bidder, for CASH and in Philippine Currency, on July 6, 2016 at 10:00 o’clock in the morning to 2:00 o’clock in the afternoon at the Office of the Clerk of Court, RTC, Branch 21, Kapatagan, Lanao del Norte, the rights interests and participation of Defendant Merely Dionaldo, in the above-described real property together with all improvements thereon in order to satisfy said Writ of Execution.

Kapatagan, Lanao del Norte, May 10, 2016.

(Sgd.) CARMELITO E. PEROCHO Sheriff IV

BWM: May 16, 23 & 30, 2016

“Franchising is a tried and tested strategy that has helped countless of homegrown brands expand within and beyond our borders,” he added. Among the Philippine companies that made their way to the global scale are Jollibee Foods Corp., Max’s Group, and Goldilocks. P FA c l a i m e d t o b e “t he premier and on ly internationally-recognized franchise association in the country. As the voice of the Philippine franchising, PFA’s members come from micro to large, both homegrown and foreign, in the food, retail and service sectors. It organizes the biggest 4-in-1 franchise event in Asia, Franchise Asia Philippines 2016, which has been known as launching pad for many national brands.” Sam Christopher Lim, Samie’s son and PFAA director for special projects and digital innovations, explained that most people who venture into franchising business are the young players or the students who compose “half of our population.” There are also people aged 50 and above who invest in franchising as well as overseas Filipino workers (OFWs) who want to grow their savings, according to him. Department of Trade and Industr y (DTI) 11 director Ma. Belenda Ambi said that the “Philippines’ robust economy will keep the franchising business and retail/services sector as a whole buoyant over the next succeeding years as it had over the previous years.” She attributed the rosy outlook to the growing middle class with their increasing

disposable income, increasing sophistication of consumers’ openness to foreign brands, growing population and growing consumption, young population with an average age of 23, desire for brands representing a cosmopolitan lifestyle. “Indeed, the domestic market alone is ver y promising for retail trade and services sector. Of course, we, in the government, promote other high growth sectors and industries, as well for our MSMEs.”

Excited...

from page 1 percent support ko sa kaniya [Duterte]. Kasi ‘yung kaniya naman pong success, hindi naman para sa kaniya. Ang success niya para sa buong bansa,” Robredo said. “Naging mahirap po ‘yung eleksyon, naging very divisive. Kinakailangan pong mag-rebuild tayo bilang isang bansa at kailangan po ni President Duterte ‘yung ating tulong lahat,” she added. Shortly after winning the race for vice president she said she was willing to accept cabinet position if offered by the next president [Duterte]. Robredo said she has not spoken with Duterte specifically about the Cabinet position that will be delegated to her. She opts to wait for her proclamation before paying him a visit. “Palagay ko po napakapremature pa na makipagkita dahil hindi pa ako napoproklama. Hihintayin ko po muna ‘yung aking proklamasyon bago pumunta sa kaniya para magbigay ng aking kortesiya. Ayaw ko naman pong pangunahan,”

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-107 Upon extra-judicial petition for sale under Act No. 3135 filed by ANN C. GARIBALDO, mortgagee, represented by LADY LOU N. GALARRITA, legal age, single and a resident of Youngsville Subd., Lot 1, Block 6, Igpit, Opol, Misamis Oriental against DODGE L. CABAHUG, mortgagor, married to EDITHA O. CABAHUG, residing at Youngsville Subd., Phase 1, Lot 02, Block 6, Narulag, Igpit, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of May 2000, amounts to TWO HUNDRED FIFTY THREE THOUSAND EIGHT HUNDRED FIFTY PESOS (Php 253,850.00), inclusive of interest and penalty charges, exclusive of attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction on June 8, 2016 at 10:00 A.M. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Branch 17, Tourism Bldg., Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements to wit: TRANSFER CERTIFICATE OF TITLE NO. T-16421 “A PARCEL OF LAND (Lot 2, Block 8, of the Cons. Subd. Plan, PCS-10-001089, being a portion of Lots 3507-B, 3507-C, 3507-E (LRC) PSD-211989. Situated in the Barangay of Igpit, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 1-2 by Lot 1 of Block 8 of the Cons. Subd. Plan;x x x x x …. Containing an area of One Hundred (100) square meters, more or less.” All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public a the said for whatever reason, the public auction will proceed on the next working day, further notice, posting and publication Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. April 27, 2016, Cagayan de Oro City..

(Sgd.) FE O. BONTUYAN – BULARON Sheriff IV

BWM: May 16, 23 & 30, 2016

she explained. The NBOC finished the official tally of the votes for president and vice president at exactly 7:17 Friday night, just four days of canvassing. NBOCs official tally shows that Robredo finished with 14,418,817 votes while Marcos had 14,155,344. Robredo led Marcos by only 263,473 votes. Duterte came up with a huge margin against his rivals in the presidential race, garnering 16,601,997 votes. Senate canvassing chairman Aquilino Pimentel III said Duterte and Robredo would be proclaimed early next week. (PNA)

Hedcor...

from page 1 Through joint efforts, He dcor and St a. C lara achieved its one millionth safe man-hours with no lost time incident for the 672 individuals working in 400 days. Hedcor believes that safety is critical to its operations. It ensures to extend practices to its contractors to provide a he a lt hy const r uc t ion environment. As part of Hedcor’s safety compliance, workers are adhered to wear complete personal protective equipment at all times and to undergo mandatory drug test. “No job shall be considered satisfactory unless the team member has followed every precaution and safety rule to protect themselves and fellow workers,” Rene Ronquillo, the president and COO of Hedcor, said. The Manolo For tich Hydro 1 with a capacity of 43.4MW if 46 percent complete. It is contracted to JV Angeles Construction Corporation. Meanwhile, Manolo Forich Hydro 2 is pegged at 27 percent complete with Sta. Clara as the contractor. The two plants will be commissioned by the second quarter of 2017. Hedcor is a subsidiary of AboitizPower. (PR)

South...

from page 1 around 2007 to serve as Arroyo’s official residence whenever she came to visit Davao. The building, which was painted white with green roofing and orange perimeter fence, was worth P24 million. A source, who refused to be named, said that Arroyo, the country’s 14th President, had spent a night there. Arroyo was vice president

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from 1998 to 2001 and served the remainder of the term of impeached President Joseph Ejercito Estrada from 2001 to 2004 before she was elected in 2004 and served until 2010. “‘Malacañang of the South’ tawag nila ana kay (They call it ‘Malacañang of the South’) purposely to serve the President as well as her residence away from Manila when she was in the South,” another source added. The mansion has about 8 to 10 airconditioned rooms, including a conference room and a jetty for watercrafts. Built within the Regional Equipment Management Division compound of DPWH 11, the mansion shared a space with two warehouses as depot of the agency’s equipment and storage for the relief packs of the Department of Social Welfare and Development (DSWD) 11 for calamities. The volunteers of DSWD 11, who extended helping hands packing relief goods whenever there is typhoon, might have seen the building but perhaps oblivious what it was and what it was there for. Simple building It’s just a simple building that boasts nothing spectacular about its exterior and interior but “murag hotel pagsulod nimo pero kwarto ang nakapalibot (it looks like a hotel when you enter but surrounded by rooms),” the source said. This might not even be fitting for a description of a “mansion,” he added. “No. Mansion is very elitist,” the source noted. Bereft of cottage, it lacks any trappings for relaxation, except that it affords a view of the beautiful Island Garden City of Samal (IGACOS). Based on the photo that was shown to MindaNews, the building’s interior appears inspired by Mindanao design, particularly, Moro and Lumad. The source said there’s nothing grandiose except for a chandelier that graces the building’s living room. Anyone interested to see it can get a glimpse from the outside through that open space between the office of the DPWH 11’s Regional Equipment Management Division and a huge warehouse. It was also used by Arroyo’s and outgoing President Benigno S. Aquino III’s cabinet members. Public Works and Highways Secretary Rogelio Singson used to hold meetings with his staff there and became a staging point of Social Welfare and Development Secretary Dinky Soliman for the agency’s operations after Typhoon Pablo wreaked havoc in the Davao Region in December 2012. It was also the staging point of Aquino’s Presidential Security Group (PSG) when he graced the September 2015 inauguration of IGACOS’s circumferential road.

Republic of the Philippines Autonomous Region in Muslim Mindanao Province of Lanao del Sur MUNICIPALITY OF TAGUYA OFFICE OF THE MUNICPAL CIVIL REGISTRAR NOTICE TO THE PUBLIC CCE 000-2016 R.A. 10172

Date: ______________, 2016

In compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-01, Guidelines in the implementation of the Administrative Order No. 1, series of 2012 (IRR OF R.A.-9048/10172), notice is hereby served to the public that JUNAYRA NASSER MACADAYA has filed with this office, a petition for correction entries of her last name from “AMRODEN” to “MACADAYA”; her first name from “JUNAIRA” to “JUNAYRA”; her date of birth from “23 DECEMBER 1994” to “24 DECEMBER 1994”; mother’s middle name from “ZAMAN” to “MALA”; father’s last name from “DIBARATUN” to “MACADAYA”; and date of marriage of her parents from “APRIL 26, 1993” to “APRIL 26, 1992” in her certificate of live birth at Municipality of Tugaya, Lanao del Sur and whose parents AMRODEN MACALATAS MACADAYA and NORMINAL MALA NASSER. Any person adversely affected by said petition may file his/her written opposition with the office not later than April 1-30, 2016. BWM: May 30 & June 6, 2016

(Sgd.) AMER P. PACALNA Municipal Civil Registrar

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Life-Proof – the new Suzuki Ertiga Y

ou would be forgiven for not being enthusiastic about the new Suzuki Ertiga at first glance. Even with the aesthetic upgrades, it still look rather plain. Yet, this seven-seater from the Suzuki stable offer so much more than what meets the eye. Dubbed as Life Utility Vehicle, the Ertiga seems to gives more emphasis on function rather than form. The new Suzuki Ertiga retained its predecessor’s 1,373 cc four-cylinder VVT 16-valve K14B engine which produces 95 hp @ 6000 rpm and 130 Nm @ 4000 rpm. When driving solo, acceleration is relatively brisk considering its 1,770-kilogram weight. With all seats occupied, however, you’ll be reminded that you are driving an MPV with a subcompact’s engine. Yet, the Ertiga’s modest but capable mill offered enough grunt when traversing steep mountain roads. Having a four-speed automatic transmission, one just had to press a button to turn off the overdrive function or pull the gear lever to switch to low gear when the going got a little tougher than expected. What it lacked in exterior flair, the Ertiga more than made up with the creature comforts it offered inside

the cabin. The top-spec variant GLX that we tested is equipped with an Androidready, multimedia touchscreen entertainment unit which plays not only music but also movies. It even has a satellite navigation system. It comes with steering wheel-mounted control and hands-free function to keep the driver’s eyes on the road and his hands on the wheel. The side mirrors can be adjusted and folded electronically. Heck, you can unlock the doors and start the engine without having to pullout a key. With all the bells and whistles, it is the switch knob of the rear airconditioning vent which got the most attention from my passengers. It did an excellent job of keeping the occupants comfortable amidst this heat. Even my kids at the third row wasn’t complaining. Speaking of which, two average-sized adults will fit in the third row as well. Getting to the back is done with a pull of a lever and to allow more leg room, the second row seats can slid forward. There are bottle holders in all doors and two cup holders in the rear. There is another provision for a cup at the base of the gear lever, wherein you can also place your wallet or mobile phone

as you change it via the USB port or the 12-volt socket below the center console. There is also another socket in the second row. The ride is a tad firm but comfortable nonetheless. The upside is that the Ertiga is able to take corners pretty well. Handling is light and can be easily maneuvered around urban traffic. There is tilt adjustment on the wheel and height adjustment

on the driver’s seat so there are no issues with regards to ergonomics. Though the weight on the steering wheel felt inconsistent at times, getting in and out of tight parking slot was a breeze especially with the aid of the rear parking sensor. Suzuki didn’t skimp on safety as well since this variant comes with ABS with EBD and dual airbags. Being an MPV, the

Ertiga is not just a people carrier but a cargo hauler as well. With the second and third rows folded, it can accommodate up to 736 liters of cargo. The cabin can store items of various shapes and size as the seats offer flexible configuration. Moreover, the 185 mm minimum ground clearance gives you a fighting chance against our poor road conditions or monsoon floods. It seems that the

Ertiga is ready for whatever life my bring. Not bad for a soccer-mom car. I particularly like the beige-colored interior as it gives you a more premium feel. It is, however, prone to stains, especially if you have kids. Leather seats might have been a good addition as it is easier to clean but that’s asking too much for a P 918, 000 price tag. You can’t have it all, I suppose. C’est la vie.

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SAP® Technology Targets Inequity in Workplaces Around the World

SAP SuccessFactors® Solutions to Help Companies Support Diversity and Inclusion Through Innovative Use of HCM Technology SAP SE (NYSE: SAP) today announced plans to build new capabilities within its SAP® SuccessFactors® HCM Suite to help improve workplace diversity. Using text mining and machine learning based on the SAP HANA® platform, the initiative aims to help c o mp a n i e s re v i e w j o b descriptions, performance reviews and similar people pro cesses for potential bias and suggest changes to encourage equity. The announcement was made at the 28th annual SAPPHIRE® NOW conference. These new capabilities will complement existing SAP SuccessFactors offerings that already help address inequity. Analytics and reports focused on diversity and inclusion are available to help organizations identify and track where biases exist in talent acquisition and management processes — recruiting, compensation, succession and the like — coupled with guidance on actions to take to address those biases. SAP is also

e x pl or i ng appl i c at i ons for mentoring programs that will help people from historically disadvantaged groups more effectively navigate and develop their careers, as well as tools for balancing family and work that will integrate elements of benefits, scheduling and management into a single process. “Diverse teams are high performing teams,” said Mike Ettling, president of SAP SuccessFactors.* “We’re always looking at how innovative HR technology can improve people’s work lives. Our HCM solutions simplify and standardize HR processes for organizations across the globe. Addressing inequity fits into our focus on built-in intelligent services and re c om me nd at i ons . Today’s innovations, and those to come, are designed to help companies find and address opportunities to build inclusive cultures, prompting managers and HR professionals to make intentional decisions as they

attract, hire, develop, reward and promote people.” The use of technology to tackle workplace issues like gender inequity has not grown at the same pace as that of the digital economy. According to a McKinsey Global Institute report, $12 trillion could be added to global GDP by 2025 by advancing women’s equality.** Diversity and inclusion are critical to competitiveness in a market characterized by increased competition and a shortage of skilled labor in many roles. Organizations must fully utilize the talents of the entire workforce, and SAP SuccessFactors solutions are focused on helping companies make equitable decisions for all employees throughout the entire employee lifecycle. With the launch of a new SAP Diversity and Inclusion Customer Advisory Group earlier this month, SAP will work with customers and diversity and inclusion experts to identify how

technology can be utilized to support inclusiveness, with an initial focus on gender equity. Several global customers from a range of industries, including Erste Group Bank, McCormick & Company, New York Life, Royal Bank of Canada and Varian Medical Systems, w i l l c ont r i but e t o t h e development of new SAP SuccessFactors products and features focused on addressing inequity. The group will be aided by the expertise of diversity and inclusion specialists like Elisabeth Kelan, Ph.D., professor of leadership at Cranfield School of Management; Tinna Nielsen, founder of Move the Elephant for Inclusiveness and young global leader at the World Economic Forum; and Tanya M. Odom, Ed.M., director of innovation and executive coach at The FutureWork Institute. “I am excited about the learning and sharing that will happen with the SAP

Diversity and Inclusion Customer Advisor y Group,” said FutureWork Institute’s Odom. “Diversity, innovation and technology are very important topics for today’s changing workforce and workplace. I am grateful to be a part of mindful and intentional conversations and experimentation that look to further the conversation about diversity and inclusion globally.” “Embracing our employees’ unique perspectives and fostering an inclusive environment regardless of culture, race, ethnicity, age, gender, sexual orientation or mental and physical ability provides SAP with a rich source of innovation and allows us to better understand the needs of our customers,” said Anka Wittenberg, chief diversity and inclusion officer at SAP. “We are continuously implementing new initiatives to promote diversity within our own workforce, and I’m excited for the coming SAP SuccessFactors solutions.

With our technology, we can help impact societal change and truly improve people’s lives.” Gender bias is a starting p o i n t i n S A P ’s l a r g e r initiative to move the needle on all areas of diversity and inclusion. The company recognizes it will take a comprehensive approach and a commitment of resources to make concrete progress. SAP SuccessFactors solutions are focusing first on gender bias as it affects the largest part of the labor market worldwide, and many of the solutions that help manage issues causing gender bias can be generalized to other areas such as ethnicity, age and sexual orientation in the future. SAP will provide an update on this initiative at the SuccessConnect Las Vegas event taking place August 29–31. For more information, visit <to come> and the SAP News Center. Follow SAP on Twitter at @sapnews and SAP SuccessFactors solutions at @ SuccessFactors.

Housewife from QC became a millionaire

Ms. Corazon Salvo won 1.5Mn from Home Catalogue Shopping, Inc.

I n its c o n t i n u i n g c o m m i t m e nt t o b r i n g convenient catalogue shopping to its valued customers, Home Catalogue Shopping, Inc. hosted its 5th campaign awards for

its most valued clients. This is one of the series of awarding ceremonies that Home Catalogue Shopping Inc. holds to reward their loyal clientele. The grand prize winner,

Ms. Corazon Salvo, was the recipient of Php1.5Million. A retiree f rom Cubao, Quezon City, she said that she prefers the convenience of shopping from home with Home Catalogue Shopping

Inc offering variety of items ideally for personal and family use. For her, browsing the products in the catalogues is better than bearing the hustle and bustle of hunting through the shops. Among the winners

A full orchestra from the 4th Infantry Division joins kiddies during Michael Auxilio’s summer recital last May 26 at Centrio. PHOTO BY MARK FRANCISCO

were Mr. Rogelio Bulatao (Php250,000 2nd Prize), Ms. Remedios Torres (Php50,000 3rd Prize) and Mr. Jesus Gingone (Php50,000 Special Prize). The awarding event was held in Alba Restaurante Español in the Mall of Asia Complex, Pasay City last May 20, 2016. All the winners shared their sentiments that they are extremely impressed with how Home Catalogue Shopping Inc. work hard to make every customer feel special through these promos. Home Catalogue Shopping Inc. CEO Henry Lindberg took the lead in welcoming the guests and expressed his gratitude for the continuing support of valued clients and business partners. “We are very excited for 2016. We will be offering more products that our customers will enjoy. For the rest of the year, you can be sure that we will continue to hold more promotions for our valued clients. Everyone will get a chance to win.” Melina Boliva, chairman of the prize giving committee, stated that “Our success will not be possible without the support of our customers and business associates. They have been with us

every step of the way and we look forward to more years with them as our partners. This is our way of thanking them and reaffirming our commitment to deliver convenient, pleasurable catalogue shopping. “ The awarding event is the first among many events that the retailer plans to launch this year. Home Catalogue Shopping Inc. promises to bring more unique, quality products in their pursuit to bring their clients pleasurable shopping in the comfort of their own homes. Home Catalogue Shopping, Inc. is a cataloguebased distance-selling retail company in the Philippines. They offer quality products such as household items, health and beauty items, gift items and small home appliances. Their office is located in Makati City. Watch out for ads in leading newspapers and tabloids nationwide to find out how to join the ongoing 6th campaign of Home Catalogue Shopping Inc. You may call their hotline (02) 273-7777 and inquire about their product catalogues. Who knows, you may be the next millionaire! Call now!

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Greetings!!! to the Media Community of Cagayan de Oro City and Northern Mindanao.

2016 PRESS FREEDOM WEEK

spearheaded by the COPC, KBP, NUJP

Theme:

FREEDOM OF THE PRESS & THE DUTERTE ADMINISTRATION

from: