BusinessWeek Mindanao (November 14, 2013)

MINDANAO DAILY NEWS SECOND SECTION

Thursday - November 14, 2013

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Briefly Loan moratorium THE Government Service Insurance System (GSIS) i s g r a nt i n g a 6 - m o nt h moratorium on loans to b o r r owe r s af fe c te d by monster storm Yolanda.

The state-owned pension fund estimates there are 300,000 GSIS members in storm-hit areas.

The moratorium takes effect this month through April 2014.

Covered loans include consolidated loans, housing loans, policy loans, and eCash Advances.

GSIS members in calamity areas can also borrow up to P20,000 in emergency loan.

Back-up plans DAVAO City -- Business Process Outsourcing firms are looking at the relative safety of Davao City for business continuity in case calamities strike their other offices in the different parts of the country.

Bert Barriga, president of ICT Davao said that they have been receiving queries in the viability of Davao as a site for disaster recovery relocation.

This involves relocation of business to an alternate location in case a calamity str ikes as to preser ve business continuity. The recent calamities which struck the country particularly super typhoon Yolanda has heightened the need for an area which could serve as a disaster recovery relocation.

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ADB okays $523M to aid Yolanda victims

T

HE Asian Development Bank (ADB) announced on Wednesday $523 million in disaster assistance for Philippine communities ravaged by super typhoon Yo l a n d a , a s aut h or it i e s continued to struggle to bring relief to millions of victims.

The Manila-based lender said it would provide $23 million in grants to address immediate needs.

The latest in a growing list of offers to the Philippines from around the world.

It also stands ready to provide the Philippines with a $500 million emergency loan to help reconstruct communities f lattened by the one of the strongest storms ever recorded.

“We are working in close collaboration with the government and a ll other international agencies to provide hope and rebuild the lives of more than 11 million people affected by what is being described as one of the Philippines’ worst ever natural disasters,” ADB President Takehiko Nakao said in a statement. adb/PAGE 19

Page 13

Sendong survivors return favor, volunteer to help Yolanda victims

By FROILAN GALLARDO MindaNews

MOVED by powerful images of Typhoon Yolanda’s devastation in Leyte and Samar, hundreds of residents, among them survivors of Typhoon Sendong in 2011, flocked to the Department of Social Welfare and Development relief centers to help pack food bags for the survivors there.

First to arrive at the repacking center of the Department of Social Welfare and Development (DSWD) in Mt. Carmel Church in Barangay Carmen Tuesday afternoon were survivors of Typhoon Sendong who were on the receiving end of humanity’s generosity in December 2011.

“I cannot even bring myself to watch the TV news. It seemed like Typhoon Sendong had come help/PAGE 19

FOR YOLANDA VICTIMS. Volunteers pour rice into relief bags— two kilos per bag—at Mt. Carmel Church in Barangay Carmen, Cagayan de Oro City on Nov. 12. Hundreds of people including Sendong victims responded to calls by the Department of Social Welfare and Development to help repack 50,000 relief bags a day for the victims of Typhoon Yolanda. mindanews photo by froilan gallardo

Normin power coops to help Aboitiz Group eyes P200M restore electricity in Visayas to help Yolanda victims POWER cooperatives in Northern Mindanao would be sending linemen and engineers to rehabilitate destroyed electrical posts in t he t y phoon-ravaged provinces in the Visayas region.

Officials of the Misamis Orienta l Ru ra l Elec t ric Service Cooperative (Moresco power/PAGE 19

Downed power lines and debris block the road in the aftermath of Typhoon Yolanda on Saturday in Tacloban, Leyte.

Mindanao Daily NEWS

THE Aboitiz Group is targeting to raise P200 million for the immediate relief and long-term rehabilitation of areas hit by super-typhoon Yolanda.

In a statement, Aboitiz group President and CEO Erramon I. Aboitiz said the group has so far raised P95 million from pledges coming from family

members, external donors and companies under the Aboitiz umbrella.

A special task force has been created within the Aboitiz Group to consolidate vital resources and donations. “ We e x p e c t m o r e donations to come in from family, friends and the public due to the magnitude of Aboitiz/PAGE 19

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

CorporateWorld

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

World’s biggest companies extend aid www.johndprovoice.com

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SOME of the world’s biggest companies, PepsiCo, UPS, JPMorgan Chase, Toyota M o t o r a n d T h e Wa l t Disne y C ompa ny, have donated money for relief and rehabilitation efforts in central Philippines, which was devastated by typhoon Yolanda (Haiyan).

In a statement, PepsiCo Foundation said it is donating $1 million for the typhoon victims in the Philippines.

The company is partnering w it h fou r relief agenc y par tners to deliver t his aid: American Red Cross I nter nat iona l Response Fund, Give2Asia, Habitat for Humanity International and Save the Children.

“Over the last few days, we have seen heartbreaking scenes from the Philippines caused by t his histor ic t y phoon. Ou r t houg hts and prayers are with the millions of people affected by this devastating storm. As a committed member of the Filipino community, PepsiCo

Those who survived the onslaught of super-typhoon Yolanda are direly in need of relief assistance as their properties and family members were lost.

is bringing its resources and its partners together to help in this time of incredible need. We will be there for the Filipino people as they respond to and recover from this natural disaster,” Indra

Nooyi, Chairman and CEO of PepsiCo, said in a statement.

UPS, a globa l leader in logistics, is pledging $1 million to support recovery efforts in the Philippines.

T he $1 m i l l ion ple d ge

combines cash grant, in-kind transportation movements and technical expertise to provide urgent relief as well as strategic support for the long-term needs. aid/PAGE 16

Cebu Pacific incurs loss in 3Q SM plans stock listing for geothermal venture THE operator of Cebu Pacific incurred a loss in the third quarter of the year on higher operating expenses.

In a disclosure to the Philippine Stock Exchange, Gokongwei-owned Cebu Air Inc (CEB) said it suffered a P750.12 million loss in the July to September period, a reversal from the P538.44 million net income in the same three months of last year.

Despite the third-quarter loss, the country’s leading budget airline closed the first nine months with a profit of P664.08 million, but lower than the P2.27 billion last year.

Revenues in the third quarter reached P8.86 billion, up 8.8 percent from last year’s P8.14 billion. This brought the nine-month tally

to P30.58 billion, higher than last year’s P27.87 billion.

Passenger revenues grew 8.2 percent to P23.591 billion in the nine months ending September from P21.801 billion last year.

Cebu Pacifci attributed the increase to the 11.6 percent rise in passenger volume to 10.9 million from 9.8 million in 2012 driven by the increased number of flights this year.

The number of f lights went up by 7.5 percent yearon-year primarily as a result of the increase in the number of aircraft operated to 47 as of September this year from 39 aircraft last year.

Cargo revenues grew by 8.1 percent to P1.877 billion from P1.736 billion last year, following the increase in the Loss/PAGE 19

THE SM group of companies is planning to list its geothermal power joint venture with global energy giant Chevron to be able to realize the full value of the investment.

In a n i nter v iew, SM Investments Corporation chief finance officer Jose Sio said among the scenarios under consideration is an initial public offering or by folding in under APC Group Inc. as part of a consolidation of t he g roup’s nat u r a l resources investments.

He said that, once APC has been transformed into a natural resources unit, SMIC may also place its minority stake in copper producer Atlas Consolidated

Mining and Development Corporation under APC. Sio explained though that, to be able to use APC as the holding company for the group’s various investments that tap the country’s rich natural resources, APC will first have to be “cleaned-up.”

“APC has to remove its non-related investments,” said Sio citing the firm’s ownership of shares in Belle Corporation which is, in turn, APC’s parent company and a subsidiary of SMIC. Aside from its energyrelated investments such as greenfield geothermal projects and coal mining, APC also has investments in nickel mining, manpower SM/PAGE 16

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

LifeStyle

Mindanao Daily 15 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

to open 44th store

S

omething exciting comes CDO’s way. On November 15, Krispy Kreme is sharing the gift of joy and glazes a new trail at Limketkai Mall, Cagayan de oro City, making it the 44th branch in Mindanao. This new branch is also Mindanao’s 2nd Hotlight store.

Fans who are on the go can definitely get their share of joy since Limketkai Mall Branch is also the 5th drive-thru store both in the country and Asia.

The branch opening in CDO city also means that fans from Butuan, Camiguin and Bukidnon are just a ride away!

And the fun is just beginning.

But what Krispy Kreme fans all over really watch out for is the much-anticipated Krispy Kreme Store Opening Day. The joy begins with a countdown to the opening of the store. And this officially declares the Original Glazed doughnuts have arrived for CDO fans to celebrate about.

But die-hard Krispy Kreme fans only know so well that there’s more to Krispy Kreme that just opening a store.

The lucky first customer in line will get the Golden Ticket. That’s a year-long supply of Original Glazed doughnuts and Signature Coffee!

The joy does not stop there. For the 2nd customer, Krispy Kreme will be sharing a Silver Ticket. This entitles the customer 6 months supply of Original Glazed doughnuts and Signature Coffee. The 3rd customer gets a 3-month supply of the same doughnuts and coffee. 4th to 100th customer also gets a treat in the form of a month’s supply of Original Glazed doughnuts! Drive-thru customers get to enjoy the same treats from Krispy Kreme, too.

So get ready CDO and save the date. Get your hands on your favorite doughnuts, and be part of the grand opening on November 15.

See you there!

Ms. Jeddah of Krispy Kreme CDO.

Photo by Shaun Alejandrae Yap Uy

Krispy Kreme Cagayan de Oro at the Limketkai Mall. Photo by Shaun Alejandrae Yap Uy

Ms. April Stephanie B. Elumba - Assistant Marketing Manager, The Real American Doughnut Company, Inc. | Krispy Kreme Doughnuts (front row, 2nd from left) and Ms. Nadia Lee Cien D. Shami - Assistant Marketing Manager/Local relationship Marketing-VisMin, Krispy Kreme Doughnuts and Bb. Pilipinas International 2007 (front row, left) join the staff and crew of Krispy Kreme Cagayan de Oro in a photo-op during the media “look-see” event at the Krispy Kreme store, Limketkai Mall, this city, November 13. Photo by Shaun Alejandrae Yap Uy

(from left) Ms. April Stephanie B. Elumba Assistant Marketing Manager, The Real American Doughnut Company, Inc. | Krispy Kreme Doughnuts and Ms. Nadia Lee Cien D. Shami Assistant Marketing Manager/Local relationship Marketing-VisMin, Krispy Kreme Doughnuts at the counter of Krispy Kreme CDO.

Photo by Shaun Alejandrae Yap Uy

TV Personality and local celebrity Nicole Abas - Datayan concocts her own Krispy Kreme doughnut creation at the Krispy Kreme CDO. Photo by Shaun Alejandrae Yap Uy

16 Mindanao Daily NEWS

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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

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

Aid...

from page 14

“UPS and its partners quickly moved our Global Hu ma n ita r ia n Rel ief Program to urgent response mode and together have set into motion a multi-faceted relief effort,” said Eduardo Martinez, president of The UPS Foundation. “We are immediately contributing $500,000 to provide urgent relief. We w i l l monitor prog re s s a nd on-goi ng needs and will contribute an additional $500,000 later to support the near-term recover y needs of t hese communities.”

JPMorgan Chase, which has operations in Manila,

said it is also pledging $1 million to relief efforts in the Philippines. The company sa id it w i l l a lso match employee cont r ibut ions dollar-for-dollar, up to an additional $250,000.

“The damage created by this storm is hard to comprehend...In addition to financial support being provided by our company, our loca l employees are volunteering to help with the relief efforts on the ground, even as they help their own friends and families impacted by the disaster,” said Roberto Panlilio, Senior Country Off icer for J.P. Morgan, Philippines.

The Walt Disney Company Foundation said it is donating

$500,000 to Save the Children and The American Red Cross to support humanitarian aid and rebuilding efforts for areas affected by the typhoon in the Philippines. Donations m ade by employe e s to organizations involved in disaster relief will also be matched, dollar-for-dollar,

by Disney.

“Our hearts go out to the millions of people in the Philippines affected by this tragedy,” said Robert A. Iger, chairman and CEO, The Walt Disney Company.

“We hope this donation and our employee matching gift contributions will help families begin to rebuild their lives in the wake of this devastation.”

SM...

from page 14

outsourcing businesses, telecommunications and cement manufacturing.

APC has a wholly-owned subsidiary, Environment and General Services, Inc. (EGSI), a company engaged in cleaning and manpower outsourcing services. (JAL) APC’s other subsidiaries, a mong ot hers , i nc lude Aragorn Power and Energy Cor porat ion, A ragorn Coal Resources, Inc., APC Mining Corporation, APC Cement Corporation and APC Properties Inc. APC also has a minority participation in Philippine Global Communications, Inc.

Feature

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

CdeO artists stage benefit concert at the Rodelsa Hall N

ine days after the most horrifying calamity hit most of Visayas when Super Typhoon Yolanda ravaged towns and flattened homes, local performing artists from Cagayan de Oro City in partnership with Liceo de Cagayan University will stage a benefit concert to raise funds for the typhoon survivors this coming November 17, 2013, 6PM at Liceo de Cagayan University’s Rodelsa Hall.

Artists that have signed up to perform are – pianist Neil Go, Atty.

Sam Tan, Jayson Plaza with the 4th Vibe, Aizel Ruga, Ian Nuer, Cherry Belisario, Mindanao University of Science & Technology (MUST) Sanghimig Chorale, Liceo Next Moves Modern Company with Lyan Love Tubella, Liceo College of Music students, Jury Cinco,Ralph Ramos, Cloyd Winstanley, Jenzspeak, Gintong Amihan Dance Troup, New Age Band Korean students in CdeO, Mensquare and Mastersons Avenue.

The show is directed by CDO’s premiere event director, Mr. Glenn Cabaral and backed up by the FHGG

Event Matters production team.

Hosting the event is Mr. Edzen Espina.

This show of solidarity among artists aims to send a message of hope through their songs and encourage Kagayanons to become one in putting the “Filipino Bayanihan spirit” to action. This initiative is a timely call for unity in these most trying moments for our country.

All proceeds that will be raised from the concert will be donated to the relief operations for the victims of Super Typhoon Yolanda initiated by Safer River, Life Saver Foundation, Inc. A minimum donation of P200 per person is appreciated. For ticket reservations, cash donations please visit BrewBerry Café along Velez and Chavez Streets, Cagayan de Oro City or you may call - 0906 407 1440 for more details.

Let us all do our part in uplifting the lives of the people in Leyte. We invite you to watch the concert and do your share. It is time to pay it forward.

BOXES OF SARDINES. A volunteer carries boxes of sardines at the repacking center in the regional office of the Department of Social Welfare Development in Masterson Avenue in Cagayan de Oro City on Nov. 12. The DSWD in Region 10 is repacking 50,000 relief bags for the victims of Typhoon Yolanda and has called for volunteers. MindaNews photo by Froilan Gallardo

Read us online

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Mindanao Daily 17 NEWS northmin . westmin . caraga . davao Your Mindanao-wide Community Newspaper

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

FunPage

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

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

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Daniel Padilla is thankful his family in Leyte is safe Kapamilya star Daniel Pad i l la, whose lola and more than twenty relatives live in Leyte, has lived in fear and worry since November 8, Friday. He and his mom K a rl a E s t r a d a didn’t have any news about t hei r relat ives until yesterday morning when an uncle and aunt reported that everyone was okay.

D a n ie l e x pre s s e d relief over this latest news about his family.

“Nat uwa na ma n a ko k a si na h i h i rapa n na r i n a k o. A n g h i r a p ma k ipag-usap ‘pag ga nun, a ng hirap magpahinga, matulog.

Ang hirap ng masarap y ung nararamdaman mo habang yung kamaganak mo nasa magulong sitwasyon e di ba. Kaya

ngayon masaya ako na nakita na nila sila lola.”

Although his family is already safe, Daniel still feels for the people who bore the brunt of super typhoon Yolanda and other people who worry for their loved ones. “Huwag po kayong mawa lan ng pag-asa, magdasal lang po kayo at ang Diyos na po yung bahala sa lahat.”

clifford’s

Daily HOROSCOPE AQUARIUS (January 20 – February 18) - Details are more important than ever now, so take the time and energy you need to focus on the small stuff. It may get boring, so reward yourself now and then to keep on track.

PISCES (February 19 – March 20) - A friend or family member asks for help urgently -- or maybe skirts the issue hoping that you notice and take pity on them. It’s kind of a big deal, so keep your eyes open and then leap to the rescue.

ARIES (March 21 – April 19) - This is not the right time to make lofty plans or to race off in exciting new directions -- you just have to take care of the boring, mundane tasks that occasionally take hold of your life.

TAURUS (April 20 – May 20) - Your love life gets an exciting boost today, no matter what your current status may be. You could get a ping from an online hottie or an invite to an intimate weekend from your beloved.

GEMINI (May 21 – June 21) - Social cues are harder to deal with than usual -- and for a person like you, that could mean disaster! Try to avoid any tricky or delicate situations and see if you can ride past this phase.

CANCER (June 22 – July 22) - Don’t sweat the small stuff -- but don’t ignore it, either! You’ve got to make sure that the little details are taken care of, but if any start to stress you out, you know it’s time to delegate.

He also appealed for more help for Yolanda victims and he assured everyone that he is going to Tacloban to perform and to give help to the hapless victims. “E ako talagang desperado na rin a kong tumulong, ta laga ng g usto kong pu mu nt a . Tit i ng na n pa namin kung kailan ako p’wede makapunta d’on at kung pa’no.”

Mindanao Daily News’

-MovieWatch-

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E vo k i n g J e a n Re n o’s T h e Professional (Leon), 22 Bullets tells the story of Charly Matteï who has turned his back on his life as an outlaw.

For the last three years, h e’s l e d a p e a c e f u l l i f e devoting himself to his wife and two children. Then, one

winter morning, he’s left for dead in the parking garage in Marseille’s Old Port, with 22 bullets in his body. Against all the odds, he doesn’t die.

This film is a work of fiction inspired by real-life events in the world of the Marseille mafia.

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) - You’re feeling thriftier than usual, and might decide to forego lunch with a friend in favor of bringing your own. It’s a good time to think about saving now to have more in the future.

VIRGO (August 23 – September 22) - You are feeling energized and organized -- and your amazing energy should help you to plow through your tasks and get a lot done! Even if you’re just kicking back, you do it with style.

LIBRA (September 23 – October 22) - It’s a great day to let go. Grudges and feuds need to be resolved amicably, and you ought to make sure that you’re treating people as you’d want to be treated yourself. Forgive and forget!

SCORPIO (October 23 – November 21) - You’ve got friends in the right places today -- so go right ahead and make the most of your position! You don’t get too many chances to work your connections, but now’s your chance.

SAGITTARIUS (November 22 – December 21) - Try not to worry too much about how fast you’re getting things done -- you need to ensure that you’re getting them done right. That could mean slowing way down, but it’s vital.

CAPRICORN (December 22 – January 19) - Look more deeply into whatever is going on around you -- it’s easier than ever to dig up the dirt you need for true understanding. Things should make a lot of sense by this time tomorrow!

Amazing Facts!

Did you KNOW?? ..

On February 20, 1943 in a cornfield near the village of Paricutin, Mexico, the ground cracked open and began to spew red-hot rocks. A volcano was born. It grew to 35 feet the first day. By 1952, it had soared to 1,352 feet and had buried two towns.

CROSSWORD puzzle

across 42. Similar 1. Collect 44. Place 6. Swiftly 46. Odin’s raven 11. Price 47. Controls 12. Chill out 49. Wise men 13. Smallest US state: abbr. 51. Bye, in Oaxaca 14. Month 52. Exchange 16. Wheel part DOWN 17. Printing liquid 1. Canadian singer 19. Network 2. One-syllable US 21. Conjunction state 22. Vegetable 3. Mr. Capone 24. Math constant 4. Tote up 25. _Everest 5. Ridge 26. Pronoun 6. Argon’s symbol 28. Play on words 7. Mr. Sampras 31. Scale note 8. Mr. Peek 33. _Bamba 9. Rebound 35. Missile tower 10. Put forth 38. During 15. PBA’s James 39. Bullets 18. Solution 41. Shirt shield 20. _Code

23. Boxing result 27. Einstein’s birthplace 29. You and me 30. Pen end 31. Headwear 32. Signed 34. Elec. unit 36. Existed 37. Very fat 39. A in AD 40. Expel 43. Roman 3 45. Black stuff 48. Hitler’s elite force 50. Gallium’s symbol Yesterday’s Answer

Mindanao Daily 19 NEWS

thursday | November 14, 2013 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

ADB... from page 13

T he government has been overwhelmed by the force of the typhoon, which decimated large swathes of Leyte province where local officials have said they feared 10,000 people died, many drowning in a tsunami-like surge of seawater.

President Benig no Aquino said the officials had overstated the loss of life, saying the death toll was closer to 2,000 or 2,500.

The overall financial cost of the destruction was hard to assess.

Initial estimates varied widely, with a report from G er m a n-b a s e d C E DI M Forensic Disaster Analysis putting the total at $8 billion to $19 billion. (Reuters)

Help... from page 13

back,” Sendong survivor Lilian Balistoy said.

The 44-year-old Balistoy said she only willed herself to watch television news when she heard the DSWD was calling on volunteers to help repack relief goods for the Yolanda survivors in Leyte.

“When I finally watched the news, I wept. I remembered how my children were swept away by the floodwaters of Typhoon Sendong,” she said.

Balistoy lost two of her five children when Sendong inundated their subdivision in Ca la-Ca la, Ba ra ngay Macasandig on in the late hours of December 16 and the early hours of December 17, 2011.

B a l i s t o y ’s 14 - y e a r old daughter, Gretel and Rosalinda, 9, remain missing up to now.

“I know how it is like to lose a child. I share the anguish of every mother who lost a child. It is the most painful experience for a woman,” she said.

Like Balistoy, Vicky Valde, 39 immediately volunteered when she heard the DSWD’s call for help.

“It is through this way that I can repay for all the kindness and the help we got from people who gave when we were victims of Sendong.

I do not have much money and this is the only way I can repay their kindness,” Valde said as she slid two cans of sardines into a red plastic bag.

Valde lost her husband, Romeo during Sendong.

Rescuers found him floating in Macajalar Bay. “I never had to go hungry after I was rescued. There was so much food for us,” said Valde who now lives along with other Sendong survivors in a resettlement site in Barangay Indahag.

Valde said people should not think ill of the Yolanda victims who went on a looting rampage in Tacloban city.

“Hungry people can be irrational. Their desperation drives them to do something they would regret later,” she said.

Valde, however, said those who looted appliances and

va luables should not be forgiven.

“Why do you steal electric fans? Can you eat them? “ she said.

Sendong sur v ivors R i z a l i na Av i la , 53; Joy Olarte, 43 and Sarah Jaom said they are even willing to go to Tacloban to help the survivors.

“We can help counsel them. We can understand each other because we are typhoon survivors,” Avila said.

Bryan Ecober, a volunteer, said at least 410 Cagayan de Oro residents came to Mt. Carmel Church on the first day after the DSWD issued a call for volunteers.

“Many are students like me. It was better than staying at home doing nothing. We are needed here,” Ecober said.

DSWD region 10 Director Araceli Solamillo said they need more volunteers to pack 50,000 relief bags a day for the Typhoon Yolanda victims in Ormoc, Leyte.

S ol a m i l lo s a id t he y have set up two repacking c enter s — at t he DSW D regional office in Masterson Avenue and Mt. Carmel Church in Barangay Carmen.

She said they need more op en spac e s a nd more volunteers to reach their quota of P50,000 food bags a day.

Solamillo said the national government has provided P12.5 million to buy the relief goods and repack them into bags.

Aside from Cagayan de Oro, she said, Cebu and Iloilo cities are also designated to be logistical hubs for the typhoon-devastated areas in the Visayas.

“We will be trucking them to Leyte from Cagayan de Oro. We are waiting for reports from the field if the roads are safe,” Solamillo said.

Solamillo said t he volunteers were able to pack 10,000 bags on the first day of repacking.

Meanwhile, the Army 4th Infantry Division in Camp Evngelista will be sending a company of soldiers –around 100 men—to help in the relief efforts in the Visayas.

Major Christian Uy, 4ID public information said the soldiers are waiting for an Air Force C130 to bring them to their area of deployment.

“They are bringing one month of provisions so they will not use up the meager resources in the area. They are well-equipped with all the tools for rehabilitation,” Uy said.

Uy also said the entire Army Division decided to donate P500,000 equivalent to one day of their subsistence allowance. (Froilan Gallardo / MindaNews)

Power... from page 13

1) on Wednesday said that 25 electrical linemen are now on standby ready to be dispatched to any areas in the Visayas region.

Ed na Dia ngo, head o f M o r e s c o ’s s e r v i c e

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

d e p a r t m e nt , s a i d t h a t Moresco would also send t wo boom trucks and a supervising engineer to the area.

The boom trucks would be used to make it easier to install fallen electrical posts while the linemen would work to fix electrical wirings and connections damaged by typhoon Yolanda.

She said that Moresco is awaiting instructions from the National Electrification Administration (NEA) since NEA would be responsible i n ident i f y i ng a rea s of immediate concern in the badly hit in the Visayas region.

Diango said that other electric cooperatives in Northern Mindanao would also be sending linemen and personnel to the Visayas to help restore power in that typhoon-stricken region.

The Moresco linemen and engineers would travel by land toward the Visayas area through the Maharlika H i g hw ay t h a t br id g e d Mindanao and Southern Leyte via roll-on, roll-off cargo vessel. (PNA)

Aboitiz... from page 13

the relief and rehabilitation required in the affected areas,” Aboitiz said.

In an internal memo to all employees of the group, Aboitiz called for volunteers who are willing to fly to Cebu -- the command center of the relief effort -- and eventually to Leyte to help in the relief and rehabilitation efforts of the group. The company will shoulder transportation, board and lodging.

“Let us draw from our passion to serve and heed this call of action amid this time of crisis”, he said.

Out of the P95 million raised so far, P50 million comes from Aboitiz Foundation, P25 million from Union Bank, P15 milion from SN Aboitiz Power and P5 million from mega star Sharon Cuneta.

In Mindanao, Aboitiz subsidiaries include Davao Light and Cotabato Light, power barge operator Therma Marine, hydropower experts Hedcor, Therma South, flour and feed miller Pilmico as well as banking subsidiaries UnionBank and City Savings Bank.

Aboitiz Foundation has been operating a command center in Cebu since Sunday and has targeted to distribute 14,500 relief packs to the hardest hit areas in Northern Cebu until the end of the week.

T he a reas ident i f ied were Bogo, San Remigio, Medellin and Bantayan. A

separate relief effort will also be organized in Leyte. A contingent of 20 personnel from the Philippine Navy is accompanying the team for added security.

The 100 year old company t r ac e s it s root s i n t he Visayas where many of its employees also come from.

The company has offered immediate assistance to employees who may have been affected, or may have family members who were affected by Yolanda.

T h e g r o u p ’s p o w e r bu si ne s s u n it , Vis ay a n Electric Company, the second biggest power distributor in t he countr y has a lso successfully restored 94% of electricity in its franchise area by working round the clock to fix lines and poles damaged by Yolanda. Sister company Davao Light has sent additional manpower to further speed up power restoration.

Indiv idua ls ca n helo through UnionBank’s UShare portal or the Union Bank of the Philippines Account No. 10026-1070944. For City Savings Bank, the account No. is 200-20031301.

The public may also visit w w w.aboitizfoundation. org and click the “Donate” button.

Representatives on the f ield a re Son ny Ca r pio (+639178011068) and Judd Salas (+639173013469).

Loss...

from page 14

volume and average freight charges of cargo transported this year.

Expenses climbed to P28.41 billion in the first nine months of the year from P26.31 billion last year.

Flying operation expenses rose 6.8 percent to P16.01 billion from P14.99 billion incurred in 2012.

Aviation fuel costs alone grew by 9.4 percent to P14.356 billion from P13.121 billion last year due to the increase in the volume of fuel consumed as a result of the increased number of flights.

T he r ise i n av iat ion f uel expenses, however, was partially offset by the reduction in aviation fuel prices as referenced by the decrease in t he average published fuel MOPS price of $122.59 per barrel at endSeptember from $126.88 a year ago. MOPS refers to the mean of Platts Singapore, a benchmark for fuel prices in Asia.

Also tempering the higher cost is the appreciation of the peso, which averaged P42.07 per US dollar for the nine months ending September from an average of P42.56 in 2012.

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20 Mindanao Daily NEWS

Billboard ILO ILO Special Advance Screening for CDO set for Nov. 21 thursday | November 14, 2013

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

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

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

T

he special advance screening of the award winning film “ILO ILO”at SM City Cagayan de Oro Cinema 2 has been reset to Thursday, 15 November 2013.

The organizers will be bringing over for this advance screening actress Angeli Bayani who plays Auntie Terry, the beloved Nanny in the movie, Mr. Charles Lim, the PR consultant who reunited her with her adopted family after 16 years and Teresita Sajonia herself, the subject of the movie.

This first ever screening in the Philippines of this award winning movie is a fund raising activity of El Circulo Zamboangueno de Cagayan de Oro, and proceeds shall be donated towards the rebuilding of the war ravaged portions of Zamboanga City through ABS-CBN's Ayuda Zamboanga.

Winner of the Cinema d’Or award for first time directors at the prestigious Cannes film festival, the award winning movie has been endorsed by the Overseas Workers Welfare Administration and SM’s Global Pinoy Center.

“We endorse this movie to all OFWs and their families,” said Harry P. Borres, officerin-charge of OWWA Region X. “We hope the general public especially the youth appreciate the plight of OFWs and their families and how Filipino Values are helping shape a better world.”

“Please help support this project,” said Flor Tizon Victoriano, president of the

OFW Association “Pearl of the Sea.” The movie is inspired by the true story of Ilongga Teresita Sajonia who moved to Singapore in the 1990s to work as a nanny, taking care of three little boys. Once, on a vacation with the family, she visited a wishing well and wished that her wards would grow up to be decent men and that they would not forget about her.

Decades later, her wish came true and it was no less than a Cannes International Film Festival award-winning film that paved the way for the reunion between her and the boys she loved and cared for like they were her own.

Set in Singapore, ILO ILO chronicles the relationship between a family of three and their Filipino nanny, Teresa.

The family needs to adapt to the presence of this stranger, which further threatens their already strained relationship.

Still, Teresa and Jia Le, the young and troublesome she cares for, soon form a bond. Their unique connection continues to develop and soon she becomes a part of the family. But it is 1997 and the Asian financial crisis is starting to be felt in the region.

The film which won the Camera d’Or award in Cannes and is now Singapore's entry to the Oscar Awards for best foreign language film.

It is the feature film debut of Singaporean filmmaker Anthony Chen, one of the three boys “Auntie Terry” took care of as a domestic

helper in the Lion City. Chen is the first Singaporean to win a top award at Cannes for a feature film.

Teresita worked for the Chen family for eight years, but had to return home in 1997 due to health issues. Since then, she had lost touch with the family but still carried photos of the three boys with her. “They were very nice kids; they could be mischievous at times, but they’re really very sweet,” she said.

In late August, ILO ILO was screened in Singapore cinemas and “Auntie Terry” was there to attend its premiere screening. Her dream to revisit Singapore and the Chen family was made possible when Cebu Pacific flew her back to the city state in August 2013 on a direct flight from Iloilo City to attend the Singapore premiere where CEB was also the official airline.

It was her first time to travel to a foreign country after 16 years and to watch a movie in a cinema.

“We are honored to be part of this wonderful reunion and support Auntie Terry when she goes to Singapore through Cebu Pacific’s direct flights from Iloilo. For us, Auntie Terry represents the hard work and selfless love of global Filipinos,” said Cebu Pacific Vice President for Marketing and Distribution Candice Iyog. “She and many other global Filipinos leave a lasting impact wherever they are in the world.”

Teresita said she could not believe that Chen would make

Aunty Terry hugs Christopher, the youngest of the 3 siblings, during their reunion after 16 years in her home in San Miguel, Iloilo a movie inspired by their story and that he and his brothers would come looking for her.

“I’m so touched and thankful,” she said. “It must mean that they loved me as much as I loved them.”

“ILO ILO is a story about love, family and relationships, and we could never have imagined that a little film like this could reach out, connect, and re-connect those ties that

we thought were long lost,” the filmmaker posted on the movie’s official Facebook page after the reunion.

ILO ILO will have its special screening in Iloilo City on December 1st. It officially opens in cinemas throughout the Philippines on December 4.

For more information on the premiere, special screenings and other inquiries,

please email selrahcopr@ gmail.com or call Precious Heradura (+639228596363).

The special advance screening of ILO ILO in Cagayan de Oro is organized by El Circulo Zamboangueno de Cagayan de Oro in association with Pioneer Life Inc. and SM City Cagayan de Oro, National Grid Corporation of the Philippines, A Brown Co. Inc. and Manjo’s Grill.

ROTARY CLUB OF CAGAYAN DE ORO RI DISTRICT 3870 Meeting at Seda Hotel, Executive Club Lounge, 11th floor, 11am-2pm