BusinessWeek Mindanao (November 12, 2013)

Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

MINDANAO DAILY NEWS SECOND SECTION

Tuesday - November 12, 2013

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Market Indicators FOREX

PHISIX

US$1 = P43.59

6,265.23 points

39 cents

X

89.95 points

X

Briefly Faster growth THE country likely sustained its pace of growth in the third quarter, raising its chances of breaching its 6% to 7% full-year target, according to Socioeconomic Planning secretar y Arsenio Balisacan.

“For the third quarter, I’m crossing my fingers. For the whole year, we can hit 7% [growth] or even better,” Balisacan, who is also director-general of the National Economic Development Authority (NEDA), said.

He added there were no significant factors that could have dampened the country’s economic expansion.

Philippine gross domestic product (GDP) grew 7.6% in the first half of 2013. In the first quarter, GDP growth stood at 7.7%, and in the second quarter, it was 7.5%.

Durian paper THE S c ie n c e Invest ig ator y Project (SIP) “Paper Made From Durian Rinds” won first place in Applied Science, Team Category, Elementary Level of the 2013 Division Science Club Month Celebration, here.

Winning first place in the In d i v i d u al Cate g or y of t he same level was the SIP titled “Used Motor Oil as an Effective Additive in Making Zero Amount Required (ZAR) on Shoe Cream” Dr. Rebonfamil R. Baguio, Schools Division Superintendent of the Department of Education, Division of Ozamiz City, said.

Held at the Ozamiz City National High School (OCHNS), in Barangay Lam-an, the competition was anchored on the theme “Natuready: Unravel the causes. Build the solution.

Empower science clubbers to action.”

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

Shopwise opens 1st M’nao store in CDO

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By BONG D. FABE, Correspondent

HOPWISE, the highly successful brand that pioneered the hypermarket concept in the Philippines, will open its first store in Mindanao here in the City of Golden Friendship on Saturday.

SHOPWISE, the highly successful brand that pioneered the hypermarket concept in the Philippines, opens its first store in Mindanao at the Limketkai Center, Cagayan de Oro City on November 16. photo courtesy of www. cdodev. com

Mindanao’s and CDO’s first Shopwise will be the 12th branch of the hypermarket that has fulfilled the basic needs of the Filipino family through affordable quality, fresh, budget-friendly and efficient service for the past 15 years.

Shopwise first opened in Filinvest-Alabang, Manila in 1998 and since then has become the preferred one-

stop shopping destination of millions of value-conscious customers.

Its opening in Mindanao is the second time the Rustan Supercenters, Inc.-operated Shopwise will venture outside the National Capital Region (NCR). It opened its 11th branch in Cebu City last year, adding to its growing branches in Alabang, Makati, shopwise/PAGE 23

DTI declares price freeze Relief drives for ‘Yolanda’ victims spread all over Mindanao in calamity hit areas THE Department of Trade and Industry declared price freeze in provinces and towns hit by typhoon Yolanda.

The areas declared under price freeze are: Provinces of

Iloilo, Antique, Capiz, Negros Oriental, and municipalities of Coron in Palawan; Baco, Naujan, and Calapan in Or ient a l M i ndoro; a nd dti/PAGE 23

THE Philippine Coast Guard (PCG)here has suspended all sea travel as the weather bureau raised storm signal no. 1 in t he nor t h a nd nor t heastern Minda nao provinces effective Monday

afternoon.

Lt. Cmdr. Eleazer Dalnay of the PCG here, said that Coast Guard authorities will automatically issue an order to suspend all sea travel the suspends/PAGE 23

Coast Guard suspends all sea travel in Mindanao

By ROEL CATOTO MindaNews

SURIGAO City -- Various groups here have appealed for donations for victims of super typhoon “Yolanda” in the provinces of Leyte and Samar.

Local radio stations aff iliated with the Kapisanan ng mga Broadcasters Ng Pilipinas (KBP) have been airing Monday morning calls for help to the typhoon victims. relief/PAGE 23

RELIEF EFFORTS. A Mamanwa boy helps carry a boxful of relief goods at the Surigao del Norte Provincial Convention Center in Surigao City. Typhoon “Yolanda” affected Surigao del Norte but left no casualty, according to the Provincial Disaster Risk Reduction and Management Council. mindanews photo by roel n . catoto

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

14 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Cheng Ordoñez , e-mail- cheng.ordonez@gmail.com

Economy

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Smart Satellite Services link Tacloban, Most banks in Visayas network restoration in full swing start to normalize A S R E S TOR AT ION of network facilities in areas hard hit by super typhoon Yola nd a a re u nder way, Sma r t Communicat ions Inc. (Smart) has been able to commence Libreng Tawag free calls services in Tacloban City using satellite services in partnership with Telecoms Sans Frontieres (TSF).

“Tacloban is one of the most devastated areas in the Visayas with power and reg u la r commu nicat ion lines still down. Smar t, as part of the Emergency Communications Cluster helping the government, flew in twice yesterday satellite and other telco equipment.” said Ramon R. Isberto, Smart public affairs group head.

For its Libreng Tawag station in Tacloban City, Smart is using TSF’s BGAN, t he world ’s f irst mobile communications ser vice to deliver broadband data and voice, simultaneously, through a single portable device via satellite. Smart Satellite Services meanwhile utilizes technologies like the SatSleeve which can transform an iPhone to a portable satellite unit to its Marino Phone Pal units.

The free call station was held at the police station near the city hall and started yesterday afternoon until evening. The ser v ice is expected to resume today at the city hall premises.

Sma r t w it h TSF w i l l continue to prov ide satel lite voice a nd data communications for the responders and affected residents. The same range of satellite services have been extended to various institutional partners and

OPERATION of banks in most areas in the central Ph i l ip pi ne s s t a r t e d t o resume after the onslaught of typhoon Yolanda, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr said Monday.

Espenilla said the central bank is still in the process of establishing information from banks affected by the typhoon in order to identify the total cost of damage and its possible effect to the banking industry.

He noted that large part of Visayas has started to back in their normal operation except for Samar and Leyte which are mostly devastated by typhoon Yolanda.

Smart Libreng Tawag via Satellite services in Tacloban City. Residents flock to avail of free calls from Smart using satellite services in partnership with Telecoms Sans Frontiere. The city remains mostly cut off from regular mobile communications and satellite services is still the only means of communications. Smart is doing massive restoration efforts for mobile communications in the hardest hit towns in Leyte and Samar.

loca l government u nits to expedite post-disaster response coordination.

Smart Satellite Services and TSF’s BGAN are now being used by the following: Of f ice of Civ i l Defense Region 8 Operations Center, Department of Social Welfare a nd Development, A FP Central Operations Center; Cebu Provincial Ofc; Phil Air Force; Phil Red Cross; Oxfam Philippines; and TV5. Meanwhile, SatSleeves are also now being used by the National Disaster Risk Reduct ion Ma nagement Council (NDRRMC) and Energ y Secretary Carlos Jericho Petilla.

Meanwhile, Smart and Digitel Mobile Philippines (DMPI) through its brand Sun Cellular (Sun) continue

to extend Libreng Tawag services today to the public at the City Plaza in Ormoc City and in Tubigon Community Hospital in Potohan, Tubigon, Bohol. The public may also proceed to the San Francisco municipal hall in Camotes, Cebu c/o NTC-7, the Smart Retail Store in Ormoc City and the Smart cell sites in Roxas City proper and Sta. Fe in Cebu for free charging of mobile phone batteries.

Updates will be provided as more free calls and mobile phone charging stations are opened. Yesterday, Libreng Tawag stations were made available in certain areas in Iloilo, Masbate and Mindoro.

Sma r t has a lso been work ing closely w it h inst itut iona l pa r t ners a nd LGUs i n p ost-

disaster response and has prov ide d much-ne e de d communications support.

Various assistance such as airtime load, SIM units, dev ices a nd broadba nd connectivity including Smart LTE were extended to NTC7 in San Francisco, Camotes, Cebu; Mindoro Disaster Risk Reduction and Management Office (DRRMO); Iloilo City DRRMO; Dumaguete City DRRMO; Red Cross National Operations Center; Office of Civil Defense Region 8 Operations Center in Palo, Leyte; Albay Public Safety and Emergency Management Office in Legazpi City; and Cebu Province DRRMO. Meanwhile, restoration of Smart and Sun networks in areas most affected by smart/PAGE 21

”Most of the areas in central Philippines, clearing for example has resumed, except in the Leyte-Samar market.

According to BSP/s deputy governors, clearing means the market has started to normalize but then there are still packets of problems,” the central bank’s Deputy Governor said. ”The key challenge is the restoration of power and communication. Usually in this case, the first order in business is the access key point of their money primarily through the ATM and going to bank offices,” he explained, citing the situation normalize/PAGE 21

Investment income boosts Landbank end-September 2013 net income MANILA -- Investment income boosted net earnings of state financial institution Land Bank of the Philippines (L a ndba n k) a s of endSeptember 2013 to P10.4 billion.

In a statement, the bank said its net income as of last September is a jump of 36 percent compared to the P7.6 billion same period last year.

Investment income in the first nine months this year reached P19 billion boosted by trading gains.

This enabled the bank to register revenues of P9.4 billion as of last September.

The revenues also got a lift from loans, which in turn was financed by deposits which grew by P103.8 billion.

“We a re wel l a he ad of our P7.9 billion thirdquarter target and are wellpositioned for continued growth as we further beef up our core business segments,” Landbank President and CEO Gilda E. Pico said.

The bank reported that total investments in the first nine months this year reached P258.4 billion from year-ago’s P231.8 billion.

Also, regular loans also went up after it reached P280 billion from the P241.9 billion in end-September 2013.

Thus, the bank’s capital grew to P74.2 billion from end-September 2012’s P73 billion.

The bank’s assets inched up from P629.2 billion in end-September last year to P731.8 billion and deposits to P593.3 billion over the P489.5 billion year-ago.

Last October, the bank raised a total of P5 billion, h ig her t ha n t he i nit ia l target of P3 billion, from the issuance of Long-Term Negotiable Certificates of Deposit (LTNCDs) with a coupon rate of 3.125 percent.

Pico said they plan to issue more LTNCDs because of the huge demand for their latest issuance. (PNA)

OPAPP welcomes add’l EU funds for Mindanao peace process MANILA –- Presidential Adv iser on t he Peace Process secretary Teresita Deles on Monday welcomed the allotment of additional 8 million Euros by the European Union (UN) for the Mindanao Trust Fund-Reconstruction and Development Programme (MTF-RDP) in support to the peace process.

Deles and EU Commissioner for D e v e l o p m e nt A n d r i s Piebalgs led the ceremonial signing of the contribution agreement held at t he Office of the Presidential Adv iser on t he Peace Process (OPAPP) at Ortigas Center in Pasig City.

Also present during the

signing were Dr. Saffrulah Dipatuan, Chairman of the Bangsamoro Development A g e n c y ( B DA ) , E U Ambassador Guy Ledoux a nd Motoo Konishi, Country Director of the World Bank. ”Our event this morning shows another area where t h e E u r o p e a n Un i o n continues to partner with the Philippine government and provide development assistance in the Mindanao peace process,” said Deles. ” T he ag reement... formalizes the expansion of EU’s contribution to the MTF-RDP. As I understand, the additional funds will be used to support the opapp/PAGE 21

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CorporateWorld

Most banks in Visayas start to normalize OPERATION of banks in most areas in the central Ph i l ippi ne s s t a r t e d t o resume after the onslaught of typhoon Yolanda, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr said Monday.

Espenilla said the central bank is still in the process of establishing information from banks affected by the typhoon in order to identify the total cost of damage and its possible effect to the banking industry.

He noted that large part of Visayas has started to back in their normal operation except for Samar and Leyte which are mostly devastated by typhoon Yolanda. ”Most of the areas in central Philippines, clearing

for example has resumed, except in the Leyte-Samar market.

According to BSP/s deputy governors, clearing means the market has started to normalize but then there are still packets of problems,” the central bank’s Deputy Governor said. ”The key challenge is the restoration of power and communication. Usually in this case, the first order in business is the access key point of their money primarily through the ATM and going to bank offices,” he explained, citing the situation during the Zamboanga crisis wherein Automated Teller Mach i nes were rel iable despite bank services being banks/PAGE 21

Mobile, broadband revenues boost Globe’s 3Q net income GLOBE Telecom’s thirdquarter net income rose by a sixth on the strength of higher mobile and broadband revenues.

T he Ay a l a-le d telc o said its profit in the July to September period hit P2.1 billion, up 16 percent from a year ago’s P1.8 billion.

“Our third quarter results show that the company’s growth momentum is still intact and that we competed

well despite the complexity of the ongoing transformation projects,” Globe president Ernest L. Cu said.

“We continued to deliver solid top-line growth, fueled by the robust performance of our mobile, corporate data and broadband businesses,” he said.

Despite the third-quarter uptick, Globe’s nine-month net income of P3.53 billion globe/PAGE 21

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Commercial flights resume in parts of typhoon-hit Visayas The country’s airlines on Monday resumed some of their flights in the Visayas, three days after Typhoon ‘Yolanda’ struck the country.

In a statement, Philippine Airlines and PAL Express said t hey have resumed c om m e rc i a l f l i g ht s t o Tacloban via Cebu starting yesterday to help passengers whose flights were cancelled because of the typhoon.

These commercial flights are as follows: 2P5973 CEB 0740AM (ETD) TAC 0820AM (ETA) 2P5974 TAC 0850AM (ETD) CEB 930AM (ETA) 2P5975 CEB 1000AM (ETD) TAC 1040AM. (ETA) 2P5976. TAC 1110AM (ETD) CEB 1150AM (ETA) 2P5977 CEB 1220PM. (ETD) TAC 2PM. (ETA) 2P5978 TAC 230PM. (ETD) CEB 310PM. (ETA) 2P5979. CEB 340PM (ETD) TAC 420PM. (ETA) 2P5980. TAC 450PM. (ETD) CEB 530PM. (ETA) A PAL specia l f light departed from Manila to Tacloban yesterday morning to ferry relief supplies to the city hardest hit by ‘Yolanda’.

The government temporarily halted commercial airline operations in Tacloban due to heavy damage sustained

Typhoon survivors queue up to receive relief goods being distributed at the Tacloban airport on the eastern island of Leyte on Nov. 10.

by the airport from strong winds a storm surge.

Government is however a l low i ng l i m ited t u rbo prop f lights to give way to humanitarian missions ferrying relief supplies and equipment.

PAL is responding to that call via special flight 2P5971.

PALex meanwhile has reinstated the following f lights resulting from the reopening of Kalibo and Busuanga airports: Manila - Kalibo - Manila.

2P565/566 2P567/568 2P969/970 2P081/082 M a n i l a Kalibo P udong K a l ibo Ma n i la 2P975/2P741/742/976 M a n i l a Kalibo Hangzhou Kalibo Manila 2P975/745/746/976 Manila Busuanga Manila 2P031/032 2P033/034 In a separate statement, Cebu Pacif ic sa id its scheduled flights to Kalibo

and Busuanga have already resumed.

However, Tacloban and Roxas airports remain closed Monday, in the aftermath of Yolanda.

Bec ause of t h is, t he following flights have been cancelled yesterday: 5J373/374 Manila-RoxasManila 5J428/429 Cebu-TaclobanCebu 5J4 2 6/4 27 - C e buTacloban-Cebu flights/PAGE 21

16 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

AgriBusiness

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Experts hope for acceptance of genetically modified rice EXPERTS in an international forum on rice genetics here said they see genetically modified (GM) rice would be eventually commercialized in the country.

So hopes Achim Doberman of the International Rice Research Institute (IRRI), told reporters in a press briefing during the seventh International Rice Genetics Symposium in Makati City.

Doberman, IRRI director general for research, cites one of these GM-varieties as the “Golden Rice,” which is reinforced by genes that produce beta-carotene, and produces vitamin A once eaten.

The IRRI scientist said the vitamin A in the rice would help reduce overall child mortality between 23 percent and 24 percent. “ T h e Wor l d He a lt h Orga n i z at ion est i mates that, globally, 190 million preschool children and 19 million pregnant women are vitamin A-def icient.

Children with vitamin A deficiency are more likely to suffer from poor health and premature death,” IRRI’s press material said.

“Each year, it is estimated that 670,000 children under

the age of 5 die from vitamin A deficiency. Vitamin A deficiency is the number one cause of preventable blindness among children in developing countries, where as many as 350,000 go blind every year.”

More than a third, or 33.5 percent, of preschool children in Asia suffer from this deficiency, according to IRRI. Hence, it touts Golden Rice as one of the solutions to address this problem.

Golden Rice actually has

a higher yield than inbred varieties and the hybrids produced in conventional farming, Doberman explained.

He claims that Golden Rice offers high humanitarian, environmental and productiv it y benef it for consumers and farmers.

Doberman, a soil scientist and agronomist for 25 years, disclosed that only 5 percent of IRRI’s work covers the breeding of GM rice; the rest is for traditional varieties for conventional agriculture.

An IRRI scientist, Hei Lu ng sa id t he resea rch agency is working to improve genetic diversity among rice varieties to generate more durable and nutritious strains.

To do this, Tom Navasero said his non-profit Genomics Institute of Asia has been providing IRRI with the e qu ipme nt ne e d e d for faster sequencing of rice genomes and eventually, the development of new rice varieties with superior genetic characteristics.

KIDAPAWAN City -- The Department of Agriculture (DA) in Central Mindanao Region on Monday lauded t he Rubber Industr y players in Mindanao for the successful 1st Mindanao Rubber Growers Congress here.

Amalia Jayag-Datukan, DA-12 regional executive director, specifically lauded the Regional Agriculture and Fisheries Council (RAFC) and SOCCSKSARGEN Rubber Producers Development Organization.

R e g i o n 1 2 ,

SOCCSKSARGEN region is composed of the provinces of Sout h a nd Nor t h Cotabato, Sultan Kudarat and Saranggani provinces and the cities of Cotabato, K id ap aw a n , Ta c u ron g , Koronadal and Gen. Santos.

D at u k a n s a id more than 300 rubber growers in Mindanao attended the Congress which aimed to make the industr y even stronger.

Region 12 is the country’s No. 2 rubber producer with North Cotabato as the leading supplier in the region.

“I was elated by t he response and attendance to the Rubber Growers’ Congress despite the typhoon ‘Yolanda’ smashing most parts of Visayas and part of Mindanao,” she said. “In fact, rubber growers in Visayas also attended the Congress.”

She assured participants that DA 12 will push with the plans and programs that were presented during t he C on g re s s a nd t he intervention from her office will continue as planned.

Congress participants were g iven t he latest

technology in the rubber industry aimed at making them more productive and globally competitive.

Seven resolutions were passed during the Congress and Datukan vowed she will personally bring and present these resolutions to Agriculture Secretary Proceso Alcala.

Earlier, Datukan said DA-12 is willing to provide financial assistance to rubber growers’ cooperative for the establishment of at least two rubber processing plants in North Cotabato. (PNA)

THE national government is aiming to increase its investments in research and development, human capital and create land-ownership policies that will help boost farmer’s incomes and lick poverty.

I n a s t atement , t he Nationa l Economic and Development Aut horit y (Neda) said these are some of the updates to be included in the mid-term review of the country’s socioeconomic blueprint, the Philippine Development Plan (PDP) 2011-2016.

Mercedita A. Sombilla, d i r e c t o r o f N e d a’s Agricu lture, Natura l Resources and Environment Staff, said the updated PDP

calls for policies and more investments in agricultural public goods and support services.

Sombilla said these would increase production, enhance the capacity of the sector for value adding, diversifying production and establishing market linkages throughout the supply chain.

“In this regard, improving agricultural productivity requires measures a nd st r ateg ie s such a s investing in human capital development and research and development,” she said.

“To encourage farmers to invest, policies will be enhanced to secure long-term individual property rights and to insure farmers against

risks such as weather-related shocks,” Sombilla added.

She said t he main constraints to further increase productivity in agriculture i nc lude i nade qu ac y of ef f icient i nf rast r uc t u re system, deg rad at ion of natural resources that has been further threatened by climate-related risks, and slow development of agribusiness opportunities.

The Neda official said the PDP will contain the measures that the government intends to undertake to transform the agriculture and fishery sector into a highly productive and competitive sector.

This, she said, will further the country’s goal of achieving food self-sufficiency and

improve the incomes of farmers as well as increase employment opportunities in the agriculture sector.

Some of these measures include consolidating efforts of v a r iou s a genc ie s to generate quality employment and increase incomes in the agriculture and fishery sector.

Sombilla said an integrated program was developed to strengthen the coconut industry’s potentials not only for domestic but also for the international market.

T he Depa r t ments of Ag r icu lt u re, Trade a nd I n du s t r y, S c i e nc e a n d Technolog y, a nd Public policies/PAGE 21

Rubber growers lauded for successful rubber congress

Government targets land-ownership policies, R&D to boost agriculture

Banking&Finance Banks’ net profits climb 42.72% tuesday | november 12, 2013

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THE country’s largest banks controlling 90 percent of total banking assets and capital posted a 42.72 percent year-on-year increase in net profits in the third quarter.

Based on the latest data from the Bangko Sentral ng Pilipinas (BSP), the 36 universal and commercial banks earned P114.34 billion as of end-September, up from the same period last year of P80.11 billion and from endJune 2013’s P88.99 billion.

Banks’ derive income from deposits, non-core trading activities and other revenues-based transactions whi le sav ings a nd time deposits are also primary sources of fund.

As of end-September, the big banks’ net interest income amounted to P162.05 billion from P149.24 billion the same period in 2012 and P103.68 billion in the second quarter this year.

Non-interest income, sourced f rom ba n k s’ securities trading, other service charges and other fees imposed by banks on deposits and transactions, also increased to P129.12

billion from P96.88 billion a year ago and from P103.25 billion end-June. The growth i n non-i nterest i ncome was sustained despite low interest rates and pricing competition.

T he major f i na ncia l i nst it ut ions’ ret u r n on equity rate improved to 15.15 percent compared to last year’s 12.33 percent however it was lower than end-June this year’s 15.79 percent.

BSP statistics also showed that return on assets stood at 1.94 percent from 1.54 percent same time in 2012 but lower than the second

quarter’s 2.02 percent.

Cost to income ratio, in the meantime dropped to 56.74 percent as of endSeptember from 63.74 percent last year while big banks’ a nnua lized net interest margin further slid to 3.15 percent from 3.38 percent in 2012 and 3.19 percent in the second quarter this year.

In a repor t released Monday, the BSP said the balance sheets of banks as well as non-bank financial institutions continue to be stable with “sustained strength.” pray/PAGE 22

THE Government Service Insurance System (GSIS) paid out P52 billion in claims and benefits to its members and pensioners as of September.

That amount, 31 percent higher than the P40 billion disbursed last year, covered life insurance, retirement, p en sion, su r v i vor s h ip, d is abi l it y, a nd f u ner a l benefits.

GSIS president and general manager Robert Vergara said the bigger release of benefits can be attributed to the implementation of rationalization programs across government agencies.

From January to October,

GSIS processed a total of 34,402 retirement claims worth around P24.8 billion.

Vergara said GSIS has also become more efficient processing pending requests from members and pensioners, some of which date as far back as 2010.

The backlog in pending transactions, which reached 240,000 in 2012, went down to about 60,000 by October.

Ve r g a r a s a i d t h e continuing reconciliation of agencies’ accounts also contributed to the “greater efficiency in the processing of claims and benefits.”

GSIS also enlists the

cooperation of suspended agencies to set t le t heir outsta nd i ng prem iu m obligations by signing a memorandum of agreement with the pension fund.

As of September, 144 suspended agencies have signed agreements w it h GSIS and have updated their accounts. That meant 800,000 employees of these agencies regained their loan and dividend privileges.

Around 86 agencies have already settled 90 percent of their premium obligations, restor i ng t he loa n a nd dividend privileges of their employees.

GSIS has released P52-B in claims, benefits so far

Minimum wage now higher Peso gains ahead than poverty threshold of US economic, MOST workers nationwide two-tiered wage system, jobs data release are now better off and are earning more to address their basic needs.

The Department of Labor and Employment (DOLE) reported that most minimum wage rates in the country’s different regions are above the “poverty threshold.”

DOLE Secretary Rosalinda Baldoz said from the 37 minimum wage rates below the poverty threshold in 2011, the number is down to 19. “ Si nc e t he d i f ferent regional tripartite wages and productivity boards (RT W PB s) s t a r te d implementing in 2012 the

there have been gradual upward adjustments in those minimum wages that lag behind the poverty threshold to levels higher than the threshold,” Baldoz said.

Pover t y t hreshold is defined as the minimum earnings or expenditure required for a family or individual to meet food and other basic requirements.

Baldoz said the country’s 16 RTWPBs have completed their transition plans to the two-tiered wage system, which consists of a mandatory minimum wage to protect the poor and vulnerable workers poverty/PAGE 22

THE peso slightly strengthened against the dollar on Friday on bets that the US will report weak economic data coupled with appetite for riskier currencies on good euro zone data.

The local currency gained one centavo to close P43.20:$1 from Thursday’s P43.21 finish.

“At the local front, gains were made after investors and fund managers bet on not-so-good data,” a trader at a local bank said.

T he US w i l l relea se third-quarter gross domestic product (GDP) peso/PAGE 22

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18 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

The

CAGAYANTIMES de Oro

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Race of Revenge Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

by Micka Angela Victoria Biter Virtudazo

T

he Xavier Stage, a repertory theater company of Xavier University mounts its second production Titus Andronicus (TinaratandaongAsintado) for their third theater season Realizing Shakespeare.

The play is adapted by LayetaBucoy and directed by Hobart Savior.

Titus Adronicus is a play about excessive revenge and violence against one’s fellow beings.

“The play is not a simple play. It requires thorough understanding and acceptance of the reality of the linear society we are all part of,” says Savior.

The treatment of the play was seriously taken into great consideration by the director, the cast and the production staff. The play is bloody real.

When people say that the truth is stranger than fiction, Philippines must be come into context; in Tinarantadong Asintado, the unreal takes that truth and runs away with it.

The material is as heavy and tormenting as it sounds, with Shakespeare’s tragedies made even heavier by the truths of the current Philippine times.

In this adaptation by Bucoy, there’s a vivid image of political dynasties and the accounts of violence it upholds by social pragmatism taken to such illogical boundaries.

The play creates a world where the real and absurd are intricately disheveled, where each character is both the tormenter and the demoralized, the prevailing and the wounded, and chaos is a space that allows everyone to hold a gun and render humans as animals and lives as mere bodies.

Titus Adronicus will be on December 4 -8, 2013 at the XU Little Theater. Be there and experience something bloody you’ll never forget.

ARTS & CULTURE

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The

CAGAYANTIMES de Oro

BILLBOARD

SM donates P100M to earthquake, ‘Yolanda’ victims

I

n t h e w a k e of d a m a g e s brought about by the recent 7. 2 e a r t h q u a k e a n d t h e s u p e r- t y p h o o n Yol a n d a , S M G roup a n nou nces it s pla n to a l l o c a t e P10 0 M a s a c a l a m i t y f u n d fo r a r e a s d e v a s t a t e d b y t h e ea r thqua ke and the t y phoon, p a r t i c u l a r l y i n Ta cl o b a n , O r m o c , S a m a r, C e b u , I l o i l o , C a p i z , a n d Bi c ol .

T h e f u n d w i l l fo c u s o n f i ve d i f f e r e n t t y p e s of a s s i s t a n c e: rebuilding homes, com mu nit y c e n t e r s , s c h o ol s , c h u r c h e s , a n d p r ov i d i n g i m m e d i a t e r e l i e f t h r o u g h fo o d a n d s u p p l i e s .

S M Fo u n d a t i o n i s t a k i n g t h e l e a d i n t h e r e l i e f e f fo r t w i t h t h e

n a t i o n w i d e r e a c h of S M C a r e s of t h e m a l l g r o u p , S M S a ve m o r e , a n d BD O Fo u n d a t i o n . E a c h g r o u p has a d if ferent exper t ise i n t he com mu nit y suppor t prog ram, and w i l l b e wo r k i n g w i t h c o m m u n i t y g r o u p s t o e x p a n d t h e e f fo r t s a n d w i d e n t h e r e a c h of t h e r e l i e f operat ion.

I n a d d i t i o n t o t h e s e e f fo r t s , “ O p e r a t i o n Tu l o n g E x p r e s s ” w i l l b e o p e n fo r t h e d o n a t i o n of relief goods i n SM malls, a nd a n a c c o u n t i n b o t h BD O a n d Chinaban k will be open to accept cash donat ions.

W i t h t h e P10 0 M c a l a m i t y f u n d , SM seek s to extend a n ext ra ha nd to t hese af fected com mu n it ies.

Mindanao Daily 19 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Shaun Uy, E-mail: shaun_alejandrae_uy@yahoo.com

CEB Advisory on Typhoon Yolanda (Haiyan) As of November 11, 2013, 12:00nn

CEB Advisory on Typhoon Yolanda (Haiyan) As of November 11, 2013, 12:00nn

Cebu Pacific’s (CEB) scheduled flights to Kalibo and Busuanga have already resumed. However, Cebu Pacific’s (CEB) scheduled flights to Kalibo and Busuanga have already resumed Tacloban and Roxas airports remain closedYolanda today, Roxas airports remain closed today, in the aftermath of Typhoon (Haiyan). in the aftermath of Typhoon Yolanda (Haiyan).

Because this, the flights have been Because of this, theof following flightsfollowing have been cancelled: cancelled: Cancelled Flights STN FLT NO RXS

5J373/374 5J428/429 5J426/427

TAC

ROUTE

Cebu-Tacloban-Cebu

5J651/652 5J659/660 5J653/654

EFFECTIVE DATES

Manila-Roxas-Manila

11-Nov-13 Manila-Tacloban-Manila

5J657/658

Guests affected by these cancellations may

Guests affected by these cancellations may rebook their flights for travel within 30 d rebook their flights for travel within 30 days, free may also reroute to the nearest alternate airport, or opt for full refund or full travel fu

of charge. They may also reroute to the nearest

alternate airport, opt full tomorrow. refund or travel CEB’s scheduled flights to or Roxas willfor resume Thefull airline is working closely fund. the resumption of normal operations to Tacloban airport in the soonest possible time CEB’s scheduled flights to Roxas will resume

tomorrow. airline is domestic working with the Meanwhile, CEBThe passengers with andclosely international flights from November the Visayas region,on Bicol region, Palawan, Mindoro and select Mindanao destinat government the resumption of normal operations option to rebook orairport reroute their flights, or get fullpossible refund or travel fund, even if their to Tacloban in the soonest time. cancelled.

Meanwhile, CEB passengers with domestic and international flights from November 7 to 15, 2013 to

Passengers may Visayas call (02)7020-888 or (032)230-8888 for their preferred option, a or from the region, Bicol region, Palawan, flights.

Those who wish to check the status of their f Mindoro and select Mindanao destinations still have www.cebupacificair.com/Pages/CheckFlightStatus.aspx

the same option to rebook or reroute their flights, or

get Pacific full refund or travel fund, even if their have Cebu will continue to provide updates as soon as theyflights are available.

Follow @ not yet been or Cebu Pacific Air’scancelled. official Facebook page.

Passengers may call (02)7020-888 or (032)2308888 for their preferred option, any time even after their flights. Those who wish to check the status of their flights may go to www.cebupacificair.com/ Pages/CheckFlightStatus.aspx Cebu Pacific will continue to provide updates as soon as they are available. Follow @CebuPacificAir on Twitter or Cebu Pacific Air’s official Facebook page.

Smart Satellite Services link Tacloban, network restoration in full swing

A

s restoration of network facilities in areas hard hit by super typhoon Yolanda are underway, Smart Communications Inc. (Smart) has been able to commence Libreng Tawag free calls services in Tacloban City using satellite services in partnership with Telecoms Sans Frontieres (TSF).

"Tacloban is one of the most devastated areas in the Visayas with power and regular communication lines still down. Smart, as part of the Emergency Communications Cluster helping the government, f lew in twice yesterday satellite and other telco equipment." said Ramon R. Isberto, Smart public affairs group head.

For its Libreng Tawag station in Tacloban City, Smart is using TSF's BGAN, the world's first mobile communications service to deliver broadband data and voice, simultaneously, through a single portable device via satellite. Smart Satellite Services meanwhile utilizes technologies like the SatSleeve which can transform an iPhone to a portable satellite unit to its Marino Phone Pal units.

The free call station was held at the police station near the city hall and started yesterday afternoon until evening. The service is expected to resume today at the city hall premises.

Smart with TSF will continue to provide satellite voice and data communications for the responders and affected residents. The same range of satellite services have been extended to various institutional partners and local government units to expedite post-disaster response coordination.

Smart Satellite Services and TSF's BGAN are now being used by the following: Office of Civil Defense Region 8 Operations Center, Department of Social Welfare and Development, AFP Central Operations Center; Cebu Provincial Ofc; Phil Air Force; Phil Red Cross; Oxfam Philippines; and TV5. Meanwhile, SatSleeves are also now being used by the National Disaster Risk Reduction Management Council (NDRRMC) and Energy Secretary Carlos Jericho Petilla.

Smart Libreng Tawag via Satellite services in Tacloban City. Residents flock to avail of free calls from Smart using satellite services in partnership with Telecoms Sans Frontiere. The city remains mostly cut off from regular mobile communications and satellite services is still the only means of communications. Smart is doing massive restoration efforts for mobile communications in the hardest hit towns in Leyte and Samar.

Meanwhile, Smart and Digitel Mobile Philippines (DMPI) through its brand Sun Cellular (Sun) continue to extend Libreng Tawag services today to the public at the City Plaza in Ormoc City and in Tubigon Community Hospital in Potohan, Tubigon, Bohol. The public may also proceed to the San Francisco municipal hall in Camotes, Cebu c/o NTC-7, the Smart Retail Store in Ormoc City and the Smart cell sites in Roxas City proper and Sta. Fe in Cebu for free charging of mobile phone batteries.

Updates will be provided as more free calls and mobile phone charging stations are opened. Yesterday, Libreng Tawag stations were made available in certain areas in Iloilo, Masbate and Mindoro.

Smart has also been working closely with institutional partners and LGUs in post-disaster response and has provided much-needed communications support.

Various assistance such as airtime load, SIM units, devices and broadband connectivity including Smart LTE were extended to NTC7 in San Francisco, Camotes, Cebu; Mindoro Disaster Risk Reduction and Management Office (DRRMO); Iloilo City DRRMO; Dumaguete City DRRMO; Red Cross

National Operations Center; Office of Civil Defense Region 8 Operations Center in Palo, Leyte; Albay Public Safety and Emergency Management Office in Legazpi City; and Cebu Province DRRMO. Meanwhile, restoration of Smart and Sun networks in areas most affected by Super Typhoon Yolanda are now in full swing. This morning, network services have been restored in the following areas: Cabulihan, Maasin in Southern Leyte and the municipalities of Matalom, Bato, Hilongos, Macrohon and Hindang in Leyte; San Carlos, Negros Oriental; Bantayan Island, Cebu; Calatrava, Negros Occidental; Dimiao, Bohol; Badiangan, Ajuy-Culasi, Cabatuan, Anilao, Banate, Maasin, PD Monfort, Janiuay, Sta. Barbara, Leganes, Barotac Nuevo, Pavia, San Miguel, Dumangas, Alimodian, Sta. Barbara, Tiwi, Barotac Nuevo, Mina, Dingle, Zarraga, Pototan in Iloilo, and all of Masbate except for Mobo, Cataingan, Palanas, and Pio V. Corpuz.

Network services have been operational since yesterday in Ormoc City in Leyte as well in the following areas in Western Samar: Calbayog City, Calbiga,

City of Catbalogan, Daram, Gandara, Jiabong, Macrohon, Matuguinao, Paranas(Wright), San Jose de Buan, Santa Margarita, Tarangnan, Villareal.

"We're doing our best to normalize operations in most areas. Lack of commercial electricity still remains a big challenge. While Smart has already started dispatching additional generation sets to augment local power, in some areas like the coastal towns of Leyte and Eastern Samar, transporting fuel and equipment is not as easy as roads still have to be cleared." said Isberto.

Because of the post-disaster effects of the Typhoon Yolanda, subscribers of Sun in the Visayas are encouraged to use the Smart network to boost their network signal by doing the following: go to their phone settings, choose Operator selection, choose Manual, and select SMART. Then return to Automatic mode. This can be used for call, text and data services. This will allow subscribers to use the Smart network while network enhancements for Sun is ongoing. The same rates and rules apply as if the subscriber is on the Sun network.

This service for Sun is available in the following areas in the Visayas; Aklan, Antique, Capiz, Cebu, Eastern Samar, Iloilo, Negros Occidental, Northern Samar, Siquijor, Southern Leyte, Leyte and Western Samar. Queries can be directed to Sun Hotline 200.

Smart and Sun subscribers can use text facilities to donate to the victims of Typhoon Yolanda. For donations to the Philippine Red Cross, subscribers can text RED <amount> and send to 4143. Ex: RED 100. Denominations accepted are for PhP10, PhP24, PhP50, PhP100, Php300, PhP500 and PhP1000.

Text donations via the Philippine Disaster Recovery Foundation (PDRF) Brick by Brick YolandaPh fund raising initiative. Just text TulongPH <amount> and send to 4483 (Ex. TulongPh 25). The same denominations as for Red Cross applies. Donations via PayPal and Smart Money can be done through the PDRF Brick by Brick site (www.pdrf.org/ brickbybrick).

20 Mindanao Daily NEWS

tuesday | november 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

RODELIO T. BERNABE - Vendor Case No; 2013-10-1831 JUKIETA B. CAMEROS -Vendee (2008-10-1995)

EMMAVILLA B. AZUELO Case No; 2013-10- 1836 Applicant/s 2008-10-1992

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for approval of sale and transfer with extension of validity of certificate of public convenience to operate FILCAB service on the line ;Malaybalay City to Kibawe –Valencia City-Maramag -Lumbayao and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line ;Malaybalay City to Don Carlos –Valencia City via Dagat Kidavao –Kadingilan and vice versa with the use of one (1) unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ DUAL service on the line;Cagayan de Oro City to Damulog –Malaybalay City –Valencia City –Maramag-Don Carlos via Kalilangan and as for cargoes from said place to any point in Region X and vice versa with the use of FIVE (5)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate FILCAB service on the line;Manolo Fortich to Camp Philips –Lingion, Bukidnon and vice versa with the use of One (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority for approval of sale and transfer with extension of certificate of public convenience to operate PUJ service on the line;City Proper to Dalipuga (all in Iligan City City)and vice versa with the use of one (1) unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013..

APPLICANT request authority for Extension of validity of certificate of public convenience to operate FILCAB service on the line ;Cogon Market to Macanhan –Balongis and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November 21, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ELNAIRAH H. LUCMAN Applicant/s

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

CASE NO; 2013-10-1841

BUKTRAMCO Applicant/s

CASE NO; 2013-10-1830 2008-10- 1997

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ELNAIRAH H. LUCMAN Applicant/s

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

Case No; 2013-10-1840

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City ARACELI PATERNO Applicant/s

Case No; 2013-10-1803

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City BONIFACIO PATONIAL CASE NO; 2013-10-1837 Applicant/s 2008-10-2097

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 12, 2013

SAMSON SALVACION-Vendor ROSELA CASTILLANO-Vendee

CASE NO; 2013-10-1832 2009-10-483

MARIANNE C. ULEP Records Officer/Acting Docket Officer

CASE NO; 2013-10-1800 2008-10-2142

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City MARK DOMINIC CIMACIO Applicant/s

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City MA. ELENA M. JAMERO Applicant/s

CASE NO; 2013-10-1838

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City RICAFOR TORYANO Applicant/s

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City

CASE NO; 2013-10-1804 2008-10-1989

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JERRY PARALUMAN Applicant/s

CASE NO; 2013-10-1818 2008-10-1983

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for issuance of certificate of public convenience(CPC) for the Dropped/Expired/Abandone certificate of public convenience to operate TAXI service on the line ;within Cagayan de Oro City and from said place to any point in Region X and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority For issuance of certificate of public convenience for the Drooped /Expired/Abandoned Certificate of Public Convenince to operate TAXI service on the line ;Within Cagayan de Oro City and from said place to any point in Region X and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority For Change base of operation of certificate of public convenience to operate RAC service on the line;Laguindingan Airport to any point in Region X and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

APPLICANT request authority for extension of validity to operate PUJ service on the line;Cogon Market to Lapasan and vice versa with the use of ONE (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

APPLICANT request authority for extension of validity to operate FILCAB service on the line;Mambajao to Mambajao and vice versa with e use of ONE (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

APPLICANT request authority for extension of validity to operate TAXI Airconditioned service on the line;within Cagayan de Oro City to any point in Region X with the use of ONE (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City GEORGE MAESTRADO CASE NO; 2013-10-1826 Applicant/s 2008-10-1978

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City DAVID ROLLON Applicant/s

CASE NO; 2013-10-1829 2008-10-2074

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City PRUDENCIO A. ALBUNA, SR. CASENO;2013-10-1827 Applicant/s

MDN: Nov. 12, 2013

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City EVANGELINE LAHOYLAHOY Applicant/s

MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

CASE NO; 2013-10-1835 2007-10-309

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City JESSIE LAWAS FAMOR Applicant/s

CASE NO; 2013-10-1834 2008-10-1881

Republic of the Philippines Department of Transportation and Communications LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD Region X, Cagayan de Oro City KELLY ESTRELLA Applicant/s

CASE NO; 2013-10-1833 2008-10-1462

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

NOTICE OF HEARING

APPLICANT request authority for extension of validity to operate FILCAB service on the line;Balingasag-Balingoan Medina and vice versa with the use of One(1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line ;Cagayan de Oro City to Manolo Fortich, Bukidnon and vice versa with the use of one (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ Service on the line;City Proper to Jeffrey Road –Edemptorist –Del Carmen (all in Iligan City)and vice versa with the use of ONE (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line ;City Proper to Dalipuga(All in Iligan City) and vice versa with the use of three (3)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013..

APPLICANT request authority to extend the validity of certificate of public convenience to operate PUJ service on the line;City Proper to 542-Palao Riverside via Medical –Brgy. Hall (all in Iligan City)and vice versa with the use of One(1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least TEN(10)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 8th day of November, 2013.

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

APPLICANT request authority for approval of substitution and amendment of line to operate PUJ DUAL service on the line ;Cagayan de Oro City to Kibawe –Damulog via San Fernando Valencia City and as cargoes to any point in Region X and vice versa with the use of ONE (1)unit/s.

This application will be considered by this Board on November 21, 2013, 10;00 A.M. at its Office, Apovel, Bulua, Cagayan de Oro City, on which date applicant shall formally submit his/ her evidence.

At least FIVE(5)days prior to the date of hearing applicant shall publish its notice once in one(1) DAILY newspaper of general circulation in Mindanao Island.

Parties opposed to the granting of the application must file their written opposition with documentary evidence submitted by the parties; unless the Board deems it necessary to receive additional documentary and/or oral evidence to be submitted by the parties.

N.B. FAILURE TO APPEAR AT THE SCHEDULED DATE AND TIME OF HEARING SHALL MEAN DISMISSAL OF THE APPLICATION.

WITNESS THE HONORABLE MANDANGAN P. DARIMBANG, CESO V, Regional Director, this 7th day of November, 2013..

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MARIANNE C. ULEP Records Officer/Acting Docket Officer

MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

MARIANNE C. ULEP Records Officer/Acting Docket Officer MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

MDN: Nov. 12, 2013

Mindanao Daily 21 NEWS

tuesday | november 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Smart... from page 14

Super Typhoon Yolanda are now in full swing. This morning, network services have been restored in the following areas: Cabulihan, Maasin in Southern Leyte and the municipalities of Matalom, Bato, Hilongos, Macrohon and Hindang in Leyte; San Carlos, Negros Oriental; Bantayan Island, Cebu; Calatrava, Negros Occidental; Dimiao, Bohol; Badiangan, Ajuy-Culasi, Cabatuan, Anilao, Banate, Maasin, PD Monfort, Janiuay, St a . B a rba r a , L e ga ne s , B a rot a c Nu e vo, Pav i a , San Miguel, Dumangas, Alimodian, Sta. Barbara, Tiwi, Barotac Nuevo, Mina, Dingle, Zarraga, Pototan in Iloilo, and all of Masbate except for Mobo, Cataingan, Palanas, and Pio V. Corpuz.

Network services have been oper at iona l si nce yesterday in Ormoc City in Ley te as wel l in t he following areas in Western S a m a r : C a lbayog Cit y, Calbiga, City of Catbalogan, Daram, Gandara, Jiabong, Macrohon, Matuguinao, Paranas(Wright), San Jose de Buan, Santa Margarita, Tarangnan, Villareal.

“We’re doing our best to normalize operations in most areas. Lack of commercial electricity still remains a big challenge. While Smart has already started dispatching additional generation sets to augment local power, in some areas like the coastal towns of Leyte and Eastern Samar, transporting fuel and equipment is not as easy as roads still have to be cleared.” said Isberto.

Because of t he postdisaster effects of the Typhoon Yolanda, subscribers of Sun in the Visayas are encouraged to use the Smart network to boost their network signal by doing the following: go to their phone settings, choose Operator selection, choose Manual, and select SMART. Then return to Automatic mode. This can be used for call, text and data services.

This will allow subscribers to use the Smart network while network enhancements for Sun is ongoing. The same rates and rules apply as if the subscriber is on the Sun network.

This service for Sun is available in the following areas in the Visayas; Aklan, A nt ique , C api z , C e bu , Eastern Samar, Iloilo, Negros Occidental, Northern Samar, Siquijor, Southern Leyte, Leyte and Western Samar.

Queries can be directed to Sun Hotline 200.

Smart and Sun subscribers can use text facilities to donate to the victims of Ty pho on Yol a nd a . For donations to the Philippine Red Cross, subscribers can text RED <amount> and send to 4143. Ex: RED 100.

Denominations accepted are for PhP10, PhP24, PhP50, PhP100, Php300, PhP500 and PhP1000.

Text donations via the Philippine Disaster Recovery Foundation (PDRF) Brick

by Brick YolandaPh fund raising initiative. Just text TulongPH <amount> and send to 4483 (Ex. TulongPh 25). The same denominations as for Red Cross applies.

Donations via PayPal and Smart Money can be done through the PDRF Brick by Brick site (www.pdrf.org/ brickbybrick).

Normalize... from page 14

du r i ng t he Z a mboa nga crisis wherein Automated Teller Machines were reliable despite bank services being closed. ”But in a situation like Tacloban -- no power, no communications; ATMs cannot operate so basic measures should be attended first,” he added.

Further, when asked on the effect of the damage in the banking industry, the BSP Deputy Governor said the central bank may not consider a big effect in the whole industry as market in the said areas were generally small. ”On the total banking industry, it will not have much on that effect. Of course it is very relative. In Leyte for example, it’s very significant. But generally, it’s a small market. However, every market is important for us,” he ended. (PNA)

OPAPP... from page 14

Sajahatra Bangsamoro, the joint development program of the government of the Philippines and the MLIF as well as the Bangsamoro Development Planning,” said Deles. ”The additional contribution will make EU the biggest contributor of MTF todate. As co-chair of the MTF, OPAPP extends again our thanks,” she added.

For his part, Piebalgs vowed EU’s cont i nuous support to the Philippines, particularly in the peace process. ”These additional f u nd s a re t he t a ng ible manifestation of the EU’s long-term commitment for the Mindanao peace process both at the political level and with the people living in this area,” said Piebalgs.

The new funds will be cha nnel led t hrough t he M i nd a nao Tr ust Fu ndReconstruction and D e ve l o pm e nt P r o g r a m (MTF-R DP) and will be programmed for projects in support of promoting conf idence-building, peace and demand-driven governance. ”This additional funding brings the total EU cont ribut ion to t he Mindanao Trust Fund to 13.5 million Euros, more than 50 percent of the total trust fund and making the European Union its biggest donor,” said Piebalgs.

T he M T F -R DP i s a mechanism through which development partners pool a nd coord i nate of f icia l development a ssista nce i n con f l ic t-a f fec ted communities in Mindanao.

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

So far, MTF-RDP has implemented at least 141 projects, 70 percent of which was funded by EU, benefitting some 300,000 people in Mindanao areas.

Dipatuan, for his part, cited the GPH and the EU for their seriousness in the peace process with the MILF as he assured the EU that their contribution will be used for the benefit of the Bangsamoro people. ”We assure you (EU) that your contribution will not go to waste,” said Dipatuan.

(PNA)

Banks...

from page 15 closed. ”But in a situation like Tacloban -- no power, no communications; ATMs cannot operate so basic measures should be attended first,” he added.

Further, when asked on the effect of the damage in the banking industry, the BSP Deputy Governor said the central bank may not consider a big effect in the whole industry as market in the said areas were generally small. ”On the total banking industry, it will not have much on that effect. Of course it is very relative. In Leyte for example, it’s very significant. But generally, it’s a small market. However, every market is important for us,” he ended. (PNA)

Globe... from page 15

was 48 percent below last year’s P6.8 billion.

Excluding foreign excha nge a nd ma rk-tomarket gains and losses as well as other non-recurring items, the company’s core net income in the third quarter amounted to P3.1 billion, the same as last year.

This brought t he company’s core net income up nine percent to P9.53 billion in the first nine months from last year’s P8.76 billion.

The increase in core i nc ome w a s d r iven by stronger revenues of P67.3 billion for the nine-month period, or 10 percent more than P61.3 billion a year earlier.

Revenue growth continued to be broad-based, with the mobile, broadband and fixed line data businesses del iver i ng yea r-on-yea r increases of eight percent, 22 percent and 12 percent, respectively.

Mobile revenues rose eight percent to P54.1 billion from P49.9 billion a year ago, led by the postpaid segment, which surged 20 percent year-on-year.

At end-September, Globe’s total subscriber base reached 36.5 million, up 14 percent versus the same period in 2012.

Of t he tota l, prepaid subscribers numbered 34.54 million, while postpaid, 1.98 million.

Cu said Globe’s network modernization was on track, with the change-out of all the network’s legacy access radios to state-of-the-art

sof t ware def ined radios (SDRs) complete.

The compa ny a lso completed submarine fiber connection towards Coron Isla nd last May, complementing its existing link towards Boracay and Palawan. More than 9,000 kilometers of fiber optic cable have been added to Globe’s existing network.

www.johndprovoice.com

Flights... from page 15

5J651/652 M a n i l a -Tacloban-Manila 5J652/65 4 Ma n i laTacloban-Manila 5 J 6 5 7/ 6 5 8 M a n i l a Tacloban-Manila Guests affected by these cancellations may rebook their flights for travel within 30 days, free of charge. They may a lso reroute to t he nearest alternate airport, or opt for full refund or full travel fund.

Cebu Pacific’s scheduled flights to Roxas will resume today. The airline is working closely with the government on the resumption of normal operat ions to Tacloba n a i r p or t i n t he s o one st possible time.

Cebu Pacific passengers with domestic and international f lights from November 7 to 15, to or from the Visayas region, Bicol region, Palawan, Mindoro and select Mindanao destinations still have the same option to rebook or reroute their flights, or get full refund or travel fund, even if their flights have not yet been cancelled.

DATS TECHNICAL UNLI PROMO From September-October 2013 (TUITION ONLY)

15% DISCOUNT will be given if you enroll two or three of any of the above courses, or if you bring a friend and both of you enrolled, both of you will be given 15% DISCOUNT. The offer is applicable to cash term payment only. For installment term payment, it will be 5% DISCOUNT only.

20% DISCOUNT will be given to those who will enroll and pay 2 months before the course date.

10% DISCOUNT will be given to those who will enroll and pay 1 month before the course date.

GROUP DISCOUNT PROMO (CASH TERM ONLY): 1. 15% OFF, if you refer 1 friend for the same course 2. 20% OFF, if you refer 2 friends for the same course 3. 40% OFF,if you refer 3 friends for the same course 4. 50% OFF, if you refer 4 friends for the same course 5. YOUR TRAINING TUITION IS FREE, if you bring 5 friends for the same course.

GROUP DISCOUNT PROMO (FOR INSTALLMENT TERM): 1.) 7% OFF, if you refer 1 friend for the same course 2.) 10% OFF, if you refer 2 friends for the same course 3.) 20% OFF, if you refer 3 friends for the same course 4.) 25% OFF, if you refer 4 friends for the same course 5.) 50% OFF, if you bring 5 friends for the same course

MAIN BRANCH: Lapasan Highway (Near Overpass), CDeO ANNEX: CM Recto Avenue (in front of Nazareno Church), CDeO 09177078089/85 . 12345/8567053

Policies...

DE ORO MAIN BRANCH fromCAGAYAN page 16 P & J Lim Bldg., Tiano Brothers

Kalambagohan Sts., Works Tel.and Highways, the # (08822) 727-829 * Telefax (088) Nat ion a l #A nt856-1947 i-Pove r t y C o m mCAMIGUIN i s s i o nBRANCH , among B. Aranas St., Poblacion, Mambajao, otherCamiguin agencies, will jointly Tel. # (088) 387-0491 implement the program.

CORRALES BRANCH Corralesexample, Ave., Cagayan integrated de Oro City “For DIVISORIA BRANCH pr o g r a m s o n t w o k e y Atty. Erasmo B. Damasing Bldg., #61 Don A. commodities, coconut Velez St., Cagayan de Oro City and Tel. # (088) 857-3631 the fisheries, which are major LAPASAN BRANCH sources of livelihood of a Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 great number of the poor, are now CARMEN being BRANCH developed so Vamenta Blvd., Cagayan de Oro City that a comprehensive Tel. # (088) 231-2011menu of services will be delivered by various agencies to enhance productivity and add value to the raw product,” Sombilla said. “ These agencies w i l l have to work together to strengthen the commodity supply chain to get t he small farmers involved and to maximize benefits from development gains,” she added.

Sombilla emphasized that agriculture will remain a priority sector to address the needs of the country’s growing population and to take advantage of market opportunities in fast growing economies in Asia.

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

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

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

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

COMMERCIAL SPACE FOR RENT

CONTACT PERSON: RAYLYN LANTACA

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

Fun Page

22 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

Editor : Clifford Santillan, E-mail: santillan.clifford@yahoo.com

Profits... from page 17

In the first half of 2013, b a n k s’ tot a l re s ou rc e s , equiva lent to 80 percent of t h e e nt i re f i n a nc i a l system, rose 16.2 percent to P8.6 trillion. The central bank noted that the 12.3 percent expansion in loans, which was financed by an 18.3 percent increase i n d e p o s it s du r i n g t he period, fueled this growth.

Banks also maintained it s a s s e t qu a l it y. A s of end-June the banks’ gross non-per forming loa ns s to o d at 3. 3 p erc ent of the banks’ tota l loan por t folio.

The BSP reported that banks remained

adequately capita lized w it h a capita l adequac y r a t i o o f 18 p e rc e nt o n solo a nd 19.3 percent on consolidated bases as of end-June. Tier 1, which represent s h ig h-qu a l it y capital, was at 16.5 percent a nd 16.8 percent on solo a nd consolidated bases.

The banking system has 683 operating banks, 8,860 b a n k b r a n c h e s , 13 ,12 9 automated teller machines, 391 microfinance banking of f ic e s , a nd 212 b a n k s w it h e-ba n k ing ser v ices such as internet, mobi le, phone, e-wa l let a nd remit ta nce ca rds.

Aside f rom t he 36 big banks, there are 70 thrif t ba n k s a nd 577 rura l a nd cooperat ive ba n k s.

clifford’s

Daily HOROSCOPE AQUARIUS (January 20 – February 18) - Something’s not quite right today -- so rethink how you feel about it. If you adjust your attitude, you can actually make it better without having to exert any force on the outside world at all!

PISCES (February 19 – March 20) - Your amazing personal energy doesn’t do anyone any good if you don’t direct some portion of it internally. You deserve the best, and it’s a good time for you to gift yourself with something nice.

ARIES (March 21 – April 19) - Try to just chill out today, as much as you can. You don’t have the right kind of energy to exert your will on the world, but you can at least rest, heal up and get ready for the exciting times to come!

TAURUS (April 20 – May 20) - Try not to go it alone today -- things are just weird enough that you require backup. That could mean anything from asking a friend to chaperone a date to throwing a spontaneous party.

GEMINI (May 21 – June 21) - You’ve got too much going on today -- so make sure that you can cut some stuff out of your busy schedule at some point. It shouldn’t be too hard to accommodate the most important people.

CANCER (June 22 – July 22) - You’ve got to use today’s influx of potent energy to dig into the hidden machinations that affect your daily life.

You can learn quite a lot, and you might even be able to make some positive changes soon!

Poverty... from page 17

and a voluntary productivitybased incentive scheme over and above the minimum wage.

She sa id pa r t of t he transition plan is for the wage boards to issue industryspecific advisories to guide enterprises and workers in adopting productivity incentive schemes and gainsharing programs.

She added that the wage boards in the Cordillera Administrative Region (CAR) and Calabarzon have issued advisories on the adoption of productivity incentive schemes.

“The rest of the boards have identif ied priorit y

tuesday | november 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

or g r ow t h s e c t or s for which advisories will be correspondingly issued in the next one to two years,” she said.

The t wo-t iered wage system provides that the minimum wage shall be set above the poverty threshold to help workers meet basic needs and reduce poverty, Baldoz said.

But she stressed that minimum wages must not exceed the average wage in order to broaden the space for bipartite approaches to setting the terms and conditions of employment.

Peso...

from page 17 grow th data on Thursday in Washington, while new

Mindanao Daily News’ If you like to greet your friends or just wanted to have some text mates through our publications, just text this number : 09269919077 or you can message it to our FB Fan Page ( Mindanao Daily Fan Page )

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Babae.. dapat may fb accOunt. Thanks :”) gOd bless.. jade po pala tO. (09161999466)

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ga i ns made by t he eu ro a ga i n s t t he g re enb a c k , a second trader said, refer r i ng to T hu rsd ay ’s f i r me r p e r for m a nc e of t h e c u r r e n c y o f 17 o f 28 member st ate s of t he Eu ropea n Un ion. “ R i s k- o n m o d e w a s there better data from the eu ro z one,” t he second t r ader sa id .

T he e u ro w a s l i f t e d from its lows after a surge in German industry orders in September a nd steady private sector g row t h in Europe’s largest economy in October da mpened c h a nc e s o f a n i nt e r e s t rate cut by t he European C e nt r a l B a n k , R e u t e r s reported. — with a report f rom Reuters

-MovieWatch-

Social Section

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jobs outside agricultural, c i v i l s o c i e t y, p r i v a t e hou sehold s a nd gener a l gover n ment i n Oc tober will be reported on Fr id ay.

A Reuters poll showed econom ist s ex pec t i ng a 2 . 0 p e rc e nt a n nu a l US GDP g row t h r ate i n t he third quarter, moderating f rom a 2 . 5 percent cl ip i n a qu a r ter pre v iou s.

Bad economic data w i l l l i kely pu sh t he US Federal Reserves tapering of bond pu rcha se s to a later date. Hi nts of a winding down of stimulus sa nk emerging market currencies, like the peso, in the second half of this yea r.

The peso a lso tracked

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After nearly 15 years apart, Taye Diggs, Nia Long , Morris Chestnut, H a ro l d Pe r r i nea u, Terrence Howard, Sanaa Lathan, Monica Calhoun, Melissa De Sousa and Regina Hall reprise their career-launching roles in The Best Man Holiday, the next chapter to the film that ushered in a new era of comedy. When the college friends finally reunite over the Christmas holidays, they will discover just how easy it is for longforgotten rivalries and romances to be ignited.

the best man holiday release date :

N ovember 15, 2013

SUDOKU How to play the game?

Fill in completely every rows, columns and diagonals of each puzzle without repitition

of the same digit.

Yesterday’s Answer

LEO (July 23 – August 22) - It’s way too easy for you to go berserk today -- even at the smallest provocation! Try to just take deep breaths and wait for others to fill in the gap. Things should settle down soon enough.

VIRGO (August 23 – September 22) - Not a lot of tasks get crossed off your list today -- but take heart!

You don’t have to be a powerhouse of efficiency every day, and if you play your cards right, you could find some great new people at your side.

LIBRA (September 23 – October 22) - Try not to worry too much if things don’t go your way -- you need to ensure that your energy is spent on the right projects. As long as you’re where you should be, the long run should take care of itself.

SCORPIO (October 23 – November 21) - You’ve got an ace or two up your sleeve -- so draw them out and use them quickly! You can make a lot of progress in an unexpected direction if you are willing to pull out all the stops.

SAGITTARIUS (November 22 – December 21) - You need to go beyond your past barriers -- which is easier said than done, of course. Things may get uncomfortable while you get used to your new surroundings, but it’s well worth it!

CAPRICORN (December 22 – January 19) Whether you’re a musician at heart or completely tuneless, today is all about rhythm and melody. You feel energized by music, and may want to wear headphones while working to keep the beat.

Amazing Facts!

Did you KNOW?? ..

The Earth’s rotation is gradually slowing: This deceleration is happening almost imperceptibly, at approximately 17 milliseconds per hundred years, although the rate at which it occurs is not perfectly uniform. This has the effect of lengthening our days, but it happens so slowly that it could be as much as 140 million years before the length of a day will have increased to 25 hours.

CROSSWORD puzzle across 1. Footwear 6. Fools 11. Brahma believer 12. Each 13. Part of the psyche 14. Vase 16. _Brockovich 17. Mesh 19. Judicious 21. Cobalt’s symbol 22. Jacob’s twin 24. Geometric constant 25. Plug 26. Location system 28. Comparative ending 31. Live 33. Hello 35. Dillon the actor 38. _Bamba 39. Achievement 41. _alai

42. Mr. Stravinsky 44. This moment 46. Note 47. Fresher 49. Big property 51. Verdant 52. Corrects DOWN 1. Glow 2. Keeps 3. Not off 4. Luis’s dad 5. Big shore wave 6. _Colores 7. Above 8. Each 9. Jong the writer 10. Church meeting 15. Siesta 18. Label 20. 3 in Roman 23. Skyward

27. Pronoun 29. Print measure 30. Rule, in Delhi 31. Jewel 32. Avid 34. Mr. Fleming 36. Fortune telling cards 37. Rows 39. Gratis 40. Big book 43. Be in debt 45. Bunch of bills 48. Nurse’s title 50. Metallic symbol Yesterday’s Answer

Mindanao Daily 23 NEWS

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Shopwise... from page 13

B a g u mbay a n, A r a ne t a , Antipolo, Manila, Sucat, Commonwealth, San Pedro and Sta. Rosa in Laguna.

“We are ver y excited to b e e st abl i sh i ng ou r presence in Mindanao and confident that the entry of the Shopwise brand will further stimulate business and economic growth in the region,” said Bienvenido “Donnie” V. Tantoco III, Rustan Supercenters, Inc. president.

Tantoco said they have chosen Cagayan de Oro Cit y to put Shopw ise’s first Mindanao branch in because of the city’s strategic location being the gateway to other cities and provinces in Mindanao, aside from being a highly progressive city.

Shopwise’s opening here is the second time a store of the Rustan Supercenter, Inc. has chosen this city to bring its first in Mindanao: Last May 16, Rustan’s Supermarket opened its first Mindanao branch at the Ayala Centrio Mall after 43 long years of making quality affordable and accessible to everyone.

Du r i ng t he open i ng of Rustan’s Supermarket, Ta n t o c o d i s c l o s e d t o BusinessWeek Mindanao that his company will bring Shopwise to the city. He said Rustan Supercenters, Inc. will also open Wellcome inside the Grand Europa subd iv ision complex in Barangay Lumbia, which Mayor Oscar Moreno is eyeing as “the new center of the new Cagayan de Oro.” “That’s just the beginning.

Because once we get into a city we want to grow our presence relatively ver y quickly,” he said, adding that they also plan to establish stores in Laguindingan to serve the people there.

“We intend to open more stores in Mindanao and several more in Cagayan de Oro,” he added.

For Shopwise, Tantoco promised to offer Kagayanons “the good life they can afford by helping them stretch the value of their peso so they can live better quality lives…[That] is our reason for being.”

Quality under one roof Shopwise, located at the 2nd Level of the East Annex Building, Limketkai Mall, Limketkai Center — the first commercial complex the city — will open its doors to the public at 9 am on Saturday.

It will be offering a fullline supermarket, modern wet market and genera l merchandise spread across its gross selling area of 5,000 square meters for everyday great deals, big savings and value on a wide selection of fresh goods and produce, groceries, fashion items, health and beauty products, school supplies, toys, gadgets, home accessories, electronics, appliances and more, all under one roof, said Aggie G. Artadi, Shopwise marketing director.

Artadi said that said that

shoppers can expect a wide array of quality merchandise at affordable prices, fast and friendly service, and a funfilled shopping experience t h at i s ver y d i s t i nc t ly Shopwise.

“Shopwise is also known for its strong promotions, and we have prepared a line-up of festivities and promotional activities for our Kagay-anon customers, and shoppers from all over M i nda nao, to enjoy on opening weekend. On Nov. 16, for example, a minimum purchase of P500 worth of any item entitles shoppers to avail of the following offers: Buy-1-Take-1 deals on Surebuy Vegetable Oil for P79, and on Intex Neo Plus Cellphones for only P1,099.

Customers can also get a 5-kilo pack of Sinandomeng Premium Rice for P199, one kilo of Ground Beef for P138, 20% off on 12 rolls of 3-ply Surebuy Premium Bathroom Tissue at P137, and more.

Plus, we will also be holding a Purchase-with-Purchase Promotion (PWP) where, for a minimum purchase of P1,000 worth of any item, customers get the chance to purchase products at super discounted prices, li ke, Perfect Soft n’ Fit Sanitary Napkins with Wings 10s for P1, or a 1 liter bottle of SureBuy Patis or Soy Sauce at P5, or ½ kg SureBuy Washed Sugar at P10 only,” she said.

Shopwise also has its loyalty program called The Wise Club, which offers cardholders rebates, freebies, and exclusive offers all yearround. With a Wisecard, memb er s e a r n 1 p oi nt for every peso that they spend in Shopwise stores.

Accumulated points are given in the form of rebates, which cardholders can use to pay for succeeding purchases, which means that the more cardholders shop, the bigger the savings they get.

“We will be giving away Wisecards for Free on Nov. 16 & 17, so local residents should really take advantage of this limited offer and get their cards then,” she added.

Aside from a very spacious selling area with wide aisles a nd at t r ac t ive produc t displays, Shopwise LKK will also have a self-service Mongolian Station, offering customers rice bowl toppings cooked their way, plus a Chicken Corner ser ving Shopwise’s famous roasted chicken and fried chicken, either by the piece or bucket.

Moreover, Shopwise will also have its own Pharmacy, ForEx counter, Alterations B o ot h, We s ter n Un ion counter and other food kiosks that harried customers can avail of during their shopping trips.

DTI...

from page 13

City of Ormoc, Leyte. The provinces of Bohol and Cebu, which were hit by magnitude 7.2 earthquake last month, remain under price freeze.

Secreta r y Domingo reported that the supply of goods in most areas remain stable, except for some places

northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

which are difficult to access due to damaged roads, such as Roxas Cit y, in which supplies come from Iloilo City. The DTI is monitoring the condition of roads going to Tacloban and Ormoc, Leyte to see if supplies from Manila and Cebu can be delivered in the said cities.

On assisting affected micro small and medium enter pr ises, Secreta r y Domingo said he will talk with government financial institutions such as Small Business Corp, Development Bank of the Philippines (DBP), and Land Bank of the Philippines, to see if they could provide special programs for the affected businesses.

Meanwhile, Edit h d e L e on , pr e s i d e nt of Philippine Chamber of Food Manufacturers announced t hat t heir members and distributors prepositioned their supplies in anticipation of typhoon Yolanda. She said that several small retailers have started to clean up their stores right after the typhoon to resume their operations.

DTI will conduct a series of Diskwento Caravan in affected areas to help the typhoon victims. Secretary Domingo said the Diskwento C a r ava n is t a rgeted to be conducted as early as Thursday, depending on the accessibility of roads and availability of location.

The food manufacturers have committed to join the Diskwento Caravan.

Suspends... from page 13

moment the government weather bureau raised storm signals.

He said the Coast Guard will not take chances. “The suspension or cancellation of all sea travel in times of storms is a precautionary measure to avoid accidents to happen in the seas,” Dalnay added.

He sa id t he weat her bureau reported that tropical depression “Zorayda” will make landfall in Surigao del Norte Tuesday afternoon .

Da lnay said t hat t he Coast Guard will lift the suspension or cancellation of sea travel order once the weather officials will announce that it is already safe to travel from the sea.

(PNA)

Relief... from page 13

In Tacloban City, Leyte, typhoon victims, media reports said, have resorted to looting stores due to lack of medicine, water and food to eat.

Jun Ga l leon, station manager of RPN-DXKS and an official of KBP-Surigao Chapter, said they have been receiving goods and cash donations from generous individuals in the city.

He said that REACT-Surigao and KBP-Surigao have jointly launched “Operation Tabang para sa mga Typhoon Yolanda Victims.”

Galleon said the cash they will receive would be used to buy more goods.

A donor who requested anonymity gave P20,000

cash Monday for the typhoon victims, he said.

Rice, drinking water, medicines, noodles, canned goods or clothes can be dropped anytime at our office located in Capitol corner Rizal Streets, Galleon said.

He said three vehicles are now ready to transport the donated goods on Thursday to Tacloban City.

The Regional Emergency Assistance Communications Team-Surigao City Chapter is also helping in the relief effort. Before Yolanda hit last Friday, this group was blaring out warnings in the city from sound systems installed in their vehicles.

Various individuals are also forming a group here to help victims in Homonhon Island in Eastern Samar.

James Condrada said they are organizing the group to give assistance to the island that had not been reportedly reached by relief operations as of Monday morning.

“It’s been days now that people there have not been eating; no communications, no boats have reached the island so far,” he said.

Condrada, who used to live in Homonhon Island, said they also need a boat to transport the goods and volunteers to the area.

The Junior Chamber International-Surigao Chapter has also launched a relief drive for the typhoon victims in Tacloban.

In Cagayan de Oro City, The Department of Social Welfare and Development (DSWD) Field Office 10 has readied its food and non-food items, including a P4 million standby fund in preparation for the powerful cyclone Yolanda.

Lawyer Araceli F. Solamillo, DSWD Field Office 10 Regional Director, disclosed that a total of 11,858 family food packs are now ready for distribution to requesting local government units in the region.

Food Packs include coffee, rice, sardines and corned beef, while non-food items include basin, pail with cover, kettle, blanket, mosquito net, plastic mat, slippers, towel, ladles, mugs, knife, cups, bowl, spoon, plates, plastic water container, hygiene kit, frying pans, and thermos.

The regional director has also activated its Quick Response Team (QRT) whose members will render 24 hours duty starting yesterday.

The QRT are composed of trained camp managers, psycho-social processing experts, and other personnel of the field office.

DSWD’s Disaster Risk Reduction Focal Person Glofelia Uayan also disclosed that cluster system approach among national and local government agencies is also activated as a powerful cyclone moves closer to the country.

Uayan said DSWD and other members of the Regional Disaster Risk Reduction Management Council are aiming for zero casualties.

Solamillo has also advised residents of flood-prone, lowlying, and coastal areas to be alert and be prepared in case of evacuation.

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24 Mindanao Daily NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

EDITOR: Shaun Uy , e-mail: shaun_alejandrae_uy@yahoo.com

The

CAGAYANTIMES de Oro

FEATURE

tuesday | november 12, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

A young model and member from the Cagayan de Oro Talent Center does her part in the JCI Bai Lawanen’s Grow a Tree - Save The Future activity, November 9, 2013 at Barangay Consolacion, this city.

Photo by GLENN PALACIO

Ms.Grace Gift Chua with the Cagayan de Oro Talent Center models,members and parents who joined the Grow A Tree Save The Future November 9, Brgy. Consolacion. Spearheaded by JCI Bai Lawanen, Mindanao Daily News, Business Week Mindanao, Seda Centrio, Cagayan de Oro Talent Center, JCI Senator Gigi Go and the special participation of Ms.Cagayan de Oro 2013 winners and finalists. Photo by GLENN PALACIO

The advocates who joined the Grow A Tree Save The Future November 9, Brgy. Consolacion. Spearheaded by JCI Bai Lawanen, Mindanao Daily News, Business Week Mindanao, Seda Centrio, Cagayan de Oro Talent Center, JCI Senator Gigi Go and the special participation of Ms.Cagayan de Oro 2013 winners and finalists. Photo by GLENN PALACIO