BusinessWeek Mindanao (November 17, 2014)

BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER

2013 ppi’S Best in Business and Economic Reporting

Volume V, No. 69

Market Indicators As of 6:10 pm nov. 14, 2014 (friday)

FOREX

PHISIX

US$1 = P44.94

7,217.34 points

18.71 points

X

8 cents

X

X

Briefly MICE market DAVAO City -- The tourism sector here remains confident of capturing a significant share of the Meetings, Incentives Conferences and Exhibitions (MICE) market even after the city failed to make it as one of the six venues for the Asia Pacific Economic Meetings (APEC) in 2015.

“APEC or no APEC there are many opportunities for Davao City,” said Arturo P. Boncato, Department of Tourism (DOT) assistant secretary.

The local government, DOT and the tourism private sector signed an agreement on Nov. 13 for a more aggressive MICE campaign for Davao City in 20152016.

MICE incentives for 2015-2016 have also been lined up, including arrival assistance resources and discounts from participating shopping malls, among others.

www.businessweekmindanao.com

P15.00

Surigao bank remains stable with fresh fund Majority owner refuses help for troubled SRBC

S

By ROEL CATOTO, MindaNews

URIGAO C ity -- Mani la-b as e d businessmen had offered help to save the Surigaonon Rural Banking Corporation (SRBC) from possible bankruptcy after it was hit by a withdrawal frenzy since last month, bank majority owner Alfredo Bonpin said on Thursday.

But Bonpin said he refused help from his friends as the bank has become stable after he infused at least P60 million from his own funds to offset the mass withdrawals. He said

he would add P20 million within the month.

Mass withdrawals have hit the 14-year old SRBC here since last month after surigao/PAGE 7

Role of coops DAVAO del Norte -- Provincial Governor Rodolfo P. del Rosario places more importance on strengthening cooperatives than on requiring them to integrate and federate to face the competitive challenge of an open economy.

In a press conference dealing with Cooperative concerns, Del Rosario saw no need yet to come up with legal policies at the provincial level to push co-ops to federate though “integration” already had become a growing international and national concern of the sector.

Del Rosario understood the necessity for cooperatives to bind themselves together as member countries of the Association of Southeast Asian Nations (ASEAN) had already agreed to an open by 2015.

But he wanted to give people in the co-op sector “the opportunity to develop their own co-ops until they will realize the need to federate.”

Monday | November 17, 2014

LANTERN MAKER. A lantern maker hangs the newly finished lanterns for potential customers at their roadside house in Barangay 34, Cagayan de Oro City. mindanews photo by erwin mascarinas

BANK RUN? Facade of the Surigaonon Rural Banking Corp. in Surigao City in this photo taken on 12 Nov. 2014.

Mass withdrawals have been taking place since October owing to rumors the bank is on the verge of bankruptcy, but its majority owner assured it has remained stable. mindanews photo by roel n . catoto

Davao Coal-fired power plant eyes operations by early 2015 DAVAO City – AboitizPower’s 300-megawatt coal-fired power plant in Davao City is eyed to start its commissioning and operations by the first half of 2015, a company official said.

“It’s about 90% complete and we’re right on schedule,” said corporate communications manager Wilfredo Rodolfo III during the Kapehan sa SM in Davao City last week.

Rodolfo said that within a few months they would be able to testing the plant.

“Testing means practically running the plant but not on a continuous basis,” he said.

The plant if it would start operating would boost power supply to the major cities of Mindanao except Zamboanga. The plant

will supply the power needs of 22 power cooperatives across Mindanao. plant/PAGE 7

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

BusinessWeek MINDANAO

2

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 17, 2014

Economy

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

P900K livelihood grants benefit Talakag town The true mission of Education THE Department of Labor and Employment, Regional Office No. X (DOLE-X), releases P924,000 to five livelihood grants with 739 beneficiaries under the B o t t o m - Up B u d g e t i n g (BUB) system of the Local Government Unit (LGU) of Talakag, Bukidnon on

November 5, 2014 at the DOLE-X WODP Training Center, Cagayan de Oro City.

On behalf of Mayor Nestor Macapayag, Talakag Vice Mayor, Vergilo Factura, as the Accredited Co-Partner, thanked DOLE-X, during the turnover ceremony said “Amo gyud paningkamutan na

ipakita sa inyo na mulambo kaning mga negosyo u g nag h i naut k am i na madugangan pa ang hinabang gikan sa DOLE,” (We will really try our very best to show to DOLE that these livelihood ventures will be sustained and expanded for additional funding).

The livelihood grants released are 1) integrated livelihood project (bigasan, hog sl au g hte r ing , go at raising, and cow dispersal for P374,000 to 565 members of the Talakag Women Foundation; 2) skills training for tricycle and trisikad to livelihood/PAGE 7

BSP holds learning outreach activities in Butuan City BUTUAN City -- The Bangko Sentral ng Pilipinas (BSP) will conduct the fifth leg of its Economic and Financial Learning Program (EFLP) for 2014 which consolidates the learning outreach activities of the BSP under one flagship program on November 1820, 2014, this city.

The BSP-EFLP includes a series of learning sessions that aim to promote greater public awareness and understanding of key economic and financial i ssu e s . T he E F L P a l s o embodies the goal of the BSP to promote economic

and financial education among its stakeholders, who can then become more effective partners of the BSP in safeguarding price stability and in ensuring a stronger and safer banking and payments system.

On the 18th of November, a module for professionals In for mat ion C amp aig n on the Role of the BSP in the Economy dubbed “Be up to SPeed on BSP” will b e conduc te d, and t he module for students and Financial Education Expo outreach/PAGE 6

By Elma T. Delopere Teacher – I Bangonbangon Elementary School Claveria District I

Education existed even in the beginning of time where our ancestors still wrote in the caves just to exchange shared meaning and communicate with each other.

It is truly important for one to learn and know everything that surrounds him through educating himself. Perhaps, some creatures would ask what is t he world wit hout education?

Education will put something in your mind that will make you a sensible person. It means that you can talk with sense to other people since you can adjust to various levels of understanding.

You can understand from simple to critical situations and in betweens. You can give an accurate reason to an existing phenomenon and as well explain why such behaviour existed.

Education will also teach you how to be a better person. Each person’s personality have positives and negatives. Yes, it is up to that person on what he will use and improve but through Education, one can learn on how to

take controls over these behaviours. He will be taught about the outcomes of his attitude. He will know how to improve his positives and decline his negatives.

In t h e ab s e n c e of E d u c at i o n , o n e m ay forget to take control over his intellect and also his thinking. For one, everything that resulted to success or a mess is a result of one’s actions which is, of course, his thinking made him to do so.

Education is gained through levels. It is not just actually what people learned from the four classroom corners but on their everyday encounters.

Education is attained from level one to the nth level that no one knows where and when to stop since learning is a continuous process. However, being schooled is nothing when one will forget its true essence and its impact to an individual. Life without learning is a life that seeks no improvement at all. The world without Education is a world that seeks no improvement as well.

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

monday|NOVEMBER 17, 2014

3

BusinessWeek MINDANAO

Opinion

Best in Business and Economic Reporting

4

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 17, 2014

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

DANTE M. SUDARIA Publisher ROSE MARY D. SUDARIA, Ph.D. General Manager

NELSON CONSTANTINO Editor-in-Chief

ALLAN mario MEDIANTE Executive Editor

Alejandrae Uy

cHENG oRDOñEZ

Section Editor

Associate Editor

SHIELA gosanes

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Joe felicilda joe palabao Editorial Consultants

Layout Artist

Advertising

Cell No: 09352379999

Juni Law Office Cruz Taal St., Cag. De Oro City Legal Counsel

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Advertising and Promotions every Friday to Sunday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Department of Trade and Industry (DTI), Region 10 with Certificate No. 00875701, and with Business Permit No. 2013-10946, TIN No. 946396-807 – Non VAT. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424

Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com Member: Philippine Press Institute

The Royal Entrance

T

hink a minute…A few years ago the Queen of England made a short visit to the United States.

She took 4,000 pounds of luggage. The queen had 2 outfits of clothes for each occasion. She took with her 40 pints of blood in case she needed emergency surgery. She brought her own hairdresser, 2 drivers, and many other servants.

The queen’s brief visit to America cost 20 million U.S. dollars!

C omp a re t h at roy a l entrance to God’s visit to earth. Jesus Christ entered the world in a small animal shed. The newborn King of the world slept in a feed trough for animals.

A l t h o u g h t h e w o r l d ’s calendar is based on this King’s birth, there were prob ably more animals to wel c ome Je sus t han people. Jesus’ mother, Mary, was just a 14-15 year old teenage girl who was not married when she became pregnant with Jesus. It was an embarrassing scandal. In fact, if this happened to a teenage girl like Mary today, there is a strong chance Jesus would have been aborted.

And Jesus’ hometown was a poor, low-class area.

Yet God chose to come like this to show us that even with all the unfair, bad things in life that happen to us, with Jesus in charge of

THINK

A Minute

By Jhan Tiafau Hurst

our life everyday, you and I can still have successful, happy lives. So if you think that you got a bad, unfair start in life, Jesus knows exactly how you feel. He was hurt and treated unfairly all his life. He was even finally killed and executed as the worst of criminals for something he never did. Yet even death could not stop Him and keep Him down.

After being dead and buried for 3 days, Jesus came back to life and proved that He is God the Son Who’s the Lord of life and death.

This Christmas, Jesus Christ wants you to receive His supernatural peace and power, so you can succeed and handle whatever bad, unfair things happen to you. So why not ask Jesus to forgive you for living your own way, and decide to start living His way for the rest of your life?

Just Think a Minute…

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

Of Family-Run Businesses

M

any family businesses in Southeast Asia have already made preparations for leadership succession because they believe doing so is important in attracting investment, but many still go through the process infor ma l ly rat her t han seek professional advice, says a new report from the Economist Intelligence Unit (EIU).

Family businesses are a vital part of economies in Southeast Asia, accounting for 62% of the region’s stock market capitalization. Yet many do not make it past the first generation, said the report Building Legacies: Family Business Succession in South-east Asia.

It is clear from this survey that the issue of leadership succession is taken seriously, but many smaller and newer companies-and even some larger, well-established onesare yet to seek external advice or to put vital plans in place.

The study, which was based on a sur vey of

editorial executives in the region, finds that 67% of Southeast Asia family businesses have leadership succession plans, and a significant majority of these companies say their boards have reviewed these plans.

Winning business and attracting investment are strong motivators for family business leaders to establish successors, despite the risk of triggering sibling rivalry or other conflict. Two-thirds of survey respondents agree that customers and investors have more trust in a family-owned business with a succession plan than in a business that lacks one. Seventy-one percent of family business leaders say it is easier to attract investment with a succession plan in place.

Of the five sur veyed economies, Singapore stands out as having the

fewest companies with a succession plan (58%), while Indonesians are the best prepared (78%). In the Philippines, 60% of family businesses surveyed indicated they have such a plan, while Malaysia has 66% and Thailand 74%.

D i s c u s s i on t o f or m succession plans often takes place in informal settings, such as family council meetings. Only one-third of family businesses seek advice from external sources on setting up a formal governance platform.

In spite of the benefits i n he re nt i n l e a d e rsh ip succession planning, one in five business families has not sought any professional advice on succession issues.

As one would expect, first generation companies are least likely to have consulted an advisor. This is likely

due to a combination of low awareness, denial and the cultural sensitivities surrounding talking about death.

Where companies do seek external advice, the most popular topics are tax liabilities and estate planning. These trends are broadly similar across all five countries.

Family businesses are the backbone of Southeast Asia’s economy. It’s a sign of their maturity that they are making leadership succession planning a part of their long-term business strategies. However, they need to establish stronger formal governance structures to help ensure continuity beyond the next generation.

Studying South-east Asia’s smaller family businesses is important to understanding the region’s future industrial and commercial trends, since some privately held family businesses today will likely become tomorrow’s larger, publicly listed firms.

Nurturing the Reading Habit 2

P

re s i d e nt Ma nu e l L .

Quezon once proclaimed that “the reading of good books or the printed page is one of the most effective methods of bringing enlightenment within the reach of the largest possible number of people, and of promoting the cause of popular culture with its tremendous social benefits”.

He further added that “it is desirable that the task of arousing a widespread interest in the reading of good books be recognized as a highly patriotic duty as well as a privilege”.

While Quezon designated in 1936 the last week of November of every year as National Book Week, reading must really be a daily habit.

Reading, one of the three basic skills that we need, must be nurtured as early as possible and the best reading teachers are, naturally, our mothers.

In the online reference “Jose Rizal: Life and Works”, a story is told of how our national hero developed the reading habit. His mother taught him to read using a Spanish reader called El Amigo de los Ninos (The Children’s Friend).

At the start, the young Rizal was asked to read the book aloud which he did so but with difficulty. Noticing this, Rizal’s mother took the

book from him and said “I going to read you a story.

Now pay attention.”

Rizal recounted years later the impact of that story reading session: “On hearing the word ‘story’ I at once opened my eyes wide. The word ‘story’ promised something new and wonderful… I settled down to listen. I was full of curiosity and wonder. I had never even dreamed that there were stories in the old book which I read without understanding. My mother began to read me the fable of the young moth and the old one. She translated it into Tagalog a little at a time.”

To emphasize the need to develop the reading habit among the young, Rizal later wrote his version of the Filipino folklore “The Monkey and the Turtle.”

Rizal’s version saw print in Trubner’s Oriental Record in London in July 1889, just two years after the publication of his first novel “Noli Me Tangere”.

Incidentally, I came recently came across a rare book “Yahin, Nihay” written for adult readers-tellers of stories. Fully illustrated in color, the book is written in Filipino (but with English translation) by Lawyer Eliseo Alampay. It tells of two beautiful sister caterpillars.

One (Yahin) metamorphosed

into a normal butterfly. The other (Nihay), by design because she wanted others to envy her, became a golden butterfly.

The need to inculcate the habit of reading becomes especially imperative with the advent and tremendous developments in broadcast and in the film industry which tend to convert many, especially the young, into passive learners.

The National Statistics Office (NS0) declared in 2010 an increase in “the number of people who can read and write in any language or dialect in the Philippines compared to 10 years ago.”

The Census of Population and Housing (CPH) showed that of 71.5 million individuals who are 10 years old and above, 97.5 per cent or 69.8 million were literate or could read and write.

I suspect, however, that the figures do not actually capture the actual reading capabilities if we are to use international reading benchmarks.

The Organization of Economic Cooperation and Development (OECD) has categorized reading abilities into 5 levels, as follows: “Level 1 – Very poor literacy skills “Level 2 – Has capacity to deal only with simple,

H ave M y Say

By Klaus Doring

clear material involving uncomplicated task.

“Level 3 – Adequate to cope with the demands of everyday life and working in an advanced society.

“Levels 4 and 5 – Strong skills. Individuals at these levels can process information of a complex and demanding nature.”

Against those benchmarks, more needs to be done in order to raise our reading skills on a national scale. The battle has to be waged both in the homes and in the classrooms. In both arenas, the young must be given the proper learning environment and the proper facilities to give them a good start.

That will be quite a c h a l l e n g e f or p a re nt s , teachers and the community.

For feedback, email us at totingbunye2000@gmail. com .

“Coming together is a beginning; keeping together is progress; working together is success” ~Henry ford

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

CorporateWorld

monday|NOVEMBER 17, 2014

5

AboitizPower taps NY-listed firm for solar energy foray

Higher 3Q sales bring back Pepsi PH to growth path EARNINGS of the exclusive bottler of PepsiCo in the Philippines recovered in the third quarter on stronger volumes.

In a regulatory filing, Pepsi-C ola Pro duc ts Philippines Inc. (PCPPI) said it earned P138.95 million in the July to September period, 13 percent higher than the P122.80 million in the same three months of last year.

“We are pleased to have sustained our strong growth m om e ntu m i n qu ar t e r three. This was achieved by bringing in more exciting consumer offerings for our Filipino consumers, building our distribution footprint and sustaining our investments in operating capability development,” Pepsi Philippines president Furqan Ahmed Syed said in a statement.

The beverage firm saw its profit decline in the first two quarters as intense competition and the impact of Typhoon Yolanda weighed on the company. Nine-month net income of P619.39 million however remains 21 percent behind the P780.75 million in 2013.

Third-quarter gross sales rose by nearly a fifth to P7.23 billion from P6.06 billion a year ago. This brought the nine-month tally to P22 billion, up 13 percent from P19.44 billion in 2013.

The increase in sales was supported by higher volumes, which grew 17 percent in the three-month period and 12 percent for the nine-month period.

“Sustained investments in manufacturing, marketing and distribution assets paved pepsi/PAGE 6

AB OITIZ Power C or p.

(AboitizPower) formally ventures into the solar energy business through a partnership with a New Yorklisted company for projects totaling 300 megawatts (MW).

AboitizPower filed with the Philippine Stock Exchange a statement issued by its new partner SunEdison, Inc., announcing a joint venture framework agreement with Aboitiz Renewables, Inc. (ARI).

A R I i s t h e h ol d i ng company of AboitizPower’s investments in renewable

energy, while SunEdison is a global solar technology manufacturer whose shares are listed on the New York Stock Exchange. SunEdison has pres ence in Nor th America, Europe, Latin America, Africa, India and Asia.

“The agreement formalizes their intention to jointly explore, develop, construct and operate up to 300 MW of utility-scale solar photovoltaic power generation projects in the Philippines over the next three years,” the statement read.

The foreign company said

the first in a series of solar projects under the deal with the Aboitiz group will start next year.

SunEdison Chief Executive Officer Ahmad Chatila described the joint venture with the Aboitiz subsidiary as an “ideal partnership.”

For his part, AboitizPower Chief Executive Officer Erramon I. Aboitiz said: “We are constantly exploring new energy sources, and this exclusive agreement with SunEdison is an important milestone and a welcome addition to our current p or t folio of rene wable

energy.”

Ab oitizPower is the p owe r ge n e r at i on an d distribution arm of Aboitiz Equity Ventures, Inc., which in turn serves as the holding firm of the Aboitiz family’s businesses.

AboitizPower currently has a power portfolio totaling 2,210 MW -- involving coal, geothermal, hydropower and oil-based facilities.

It committed to build an additional 2,000 MW in the next five years as it continues to explore expansion opportunities locally and overseas.

Vista Land Q3 earnings up 15.6% VISTA LAND & Lifescapes, Inc. on Friday said it is on track to meet its full-year sales and profit targets after strong demand for housing in the mid- to low-end segments boosted its ninemonth earnings by 12%.

The property company of former senator Manuel B. Villar, Jr. said it is looking at P51 billion in reservation sales for the whole year, as well as “double-digit growth” in net income and revenues.

From January to September,

Vista Land’s reservation sales inched up 9% to P38.71 billion; net income grew 12% to P4.25 billion; and revenues climbed 13% to P16.68 billion.

For the third quarter alone, Vista Land made P1.4 billion in profit, up 15.6% from year-ago’s P1.2 billion.

“We’re very much on track to meet our full-year targets,” Vista Land President and Chief Executive Officer Manuel Paolo A. Villar told reporters in a briefing at the InterContinental

Hotel in Makati City.

The former senator’s son said the company is averaging P13 billion in reservation sales every quarter, and has already launched 35 projects with an estimated total value of around P21 billion from January to September.

A bulk, or 33, of those projects are in the low and affordable segment, one in the middle-income segment.

For the same period, revenue contribution of Vista Land’s

five business units is as follows: Communities Philippines (47%); Camella (27%); Crown Asia (11%); Vista Residences (9%); and Brittany (6%).

In terms of location, the company has residential housing projects in 34 provinces and 74 cities and municipalities nationwide.

The younger Villar also said the company already spent 75% or P16.3 billion of its capital expenditure (capex) for this year.

BusinessWeek MINDANAO

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

Best in Business and Economic Reporting

6

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 17, 2014

Implemented programs in the Bukidnon farmers learn from aim to improve Education school-on-the-air on upland rice

By Elma T. Delopere Teacher – I Bangonbangon Elementary School Claveria District I

Philippines is one of the countries in Asia which face challenges in Education.

It is for the reason that different problems hinder each individual to pursue schooling.

Poverty is one of the major problem behind the challenging rate of drop-outs and out-of-school youths in the country. In fact, 36 percent of students in year 2012 has been reported in dropping out after elementary and only 44 percent graduate in high school because of different reasons including.

This is also the main fact behind different educational programs implemented by the government.

The creation of Open High School Program (OHSP) is part of this. It is an alternative mode of formal secondary education program run by the Bureau of Secondary Education (BSE) of the Department of Education (DepEd) of the Republic of the Philippines.

The program provides an opportunity for elementary school graduates, high school drop-outs and successful

examinees of the Philippine E duc at ion Pl acement Test (PEPT) to complete secondary education in a different learning mode compare to the regular one.

The Alternative Learning System (ALS) is also created for similar purpose. It is a program that caters adults, persons with disabilities and as the same, out-of-school and drop-out individuals.

This gave them the chance to finish unattended grade levels, so that they could be enrolled in educational level that are appropriate for their age and knowledge.

ALS also introduces them to greater opportunities, giving them the chance to be more productive.

It is true that numerous problems envelopes the education system in the Philippines. However, fact cannot be denied that there are also several programs implemented to further address and fight these problems. Education is a priority, all involved parties should just have to be participative to continue the fight for education.

MY PORTRAIT OF LOVE AND PASSION: A TEACHER’S REFLECTION

By Grace Macalaguing-Maghuyop, MT-I TLE Coordinator in Bulua National High School

“What sculpture is to a block of marbles, Education is to the soul” No man can be a good teacher unless he has feelings of warm affection towards his students and a genuine desire to impart to them what he himself believes to be of value.

With my twenty (22) years as a teacher, I realized that this is my first time to note down my gathered thoughts, recall my past actions and reactions, and reflected how all these affected me as a teacher, my colleagues, superiors and most importantly assured how intensely I touched and influenced the lives of my students.

What the teacher is, is more important than what he teaches. With God’s grace and wisdom, I could certainly say that somehow I have touched the hearts of most of my students and enflamed their desire to pursue education. Many of my students, especially those under my advisory, proceeded to college and some of them at least to short courses.

Education, indeed, is a continuous process. I learn from my students

the same way they learn from me be it in formal or informal conferences that occur in our day to day interactions. Education comes from living life, following passions, accessing information, observing, reflecting and being inspired by wise and courageous leaders.

I owe part of my learning from my superiors. I had submitted myself to the leadership of excellent administrators. I am proud to say that two of them already moved up to be leaders in their respective Divisions. They taught me to venture and enhance my strengths and at the same time supported me while coping with my weaknesses and difficulties.

I’m st i l l t r y i ng to learn more and venture to a more complicated but interesting avenues and somehow impart these to my students because unless we try to do something beyond what we have a lre ady mastere d, we will never grow. Every job is a self-portrait of the person who did it. So let’s autograph our work with excellence.

Godspeed!

By VANESSA MAE S. SIANO Contributor

CONSISTENT in its efforts to boost the agriculture sector through farming technology advocacies, the Department of AgricultureRegional Field Office 10 (DARFO10) through the Regional Agriculture and Fisheries Information Section (RAFIS) has recently concluded the conduct of the School-onthe-Air (SOA) Program on Upland Rice Production in a graduation ceremony held in Malaybalay City, Bukidnon.

The activity is a collaborative effort between the DA-RAFIS and the Provincial Agriculture office of Bukidnon.

The three-month long SOA-program which was aired over DXIQ-FM 106.3 Love Radio in Malaybalay

City, Bukidnon has produced 170 farmer-graduates from the municipalities of Lantapan, Impasug-ong and Cabangalsan and Malaybalay City.

Engr. Alson G. Quimba, provincial agriculturist of Bukidnon cited that the SOA program is a manifestation of the agriculture department’s effort in reaching out to improve the farming practices and the living condition in the countryside.

He also challenged the farmer-graduates to apply the technologies they have l e ar ne d f rom t he S OA program which is seen to contribute in the attainment of the food sufficiency target.

“Dili gyud tinuod nga ay ha ra kit a makatuon

APARTELLE FOR SALE 30 M (NEG.) 1. LOCATION: Mactan Lapu-Lapu City Cebu, Near Imperial Palace Lot are 1,541 SQM 11 Fully Furnished Room w/ Hot & Cold Water, LCD, WIFI Cable w/ Coffee Shop, office, Nice Garden, Parking Space, 2 Staff Room, Income 150K above/month View Hiros Apartelle, Mactan or Youtube and Facebook

LOT FOR SALE 2. Hillsborough Pointe Pueblo Upper Carmen No Flood near SM & School at 6,500/SQM Lot Area: 395 SQM, Hillsborough Pointe Lot 2 Phase 4.

3. VIOS 1.5 XXXL, limited edition, Mileage 44K Full Skirt Sport type All Mags, 495 k Call: 850-1324/0917-853-5958 BWM: Nov 10, 2014-Jan 31, 2015

kung naay ato-a kay ako wala gyud koy radyo apan naning kamot gayud ko nga makapaminaw. Wala diay makawang ang akong kahago kay nadugangan ang akong kahibalo sa upland rice production (I realized that the lack of resources is not a hindrance to learning.

Knowing that I do not own a radio set at home I strived harder by asking a neighbor to let me listen through their radio set. I know that all my efforts in being a farmer-student of the SOA program have been rewarded as I gained knowledge and skills on the production of upland rice),” said Mailyn Singayon of Malaybalay City, Bukidnon who was acclaimed as 1st honor among the farmer-graduates of the SOA program.

Also lauded as outstanding f a r m e r- g r a d u at e s w e r e Marietta Capin (2nd honor), Criseluz I. Capin (3rd), Dolly Rose Capin (4th), Romulo Capin (5th), Amor S. Andaliston (7th ), Beverly C. Daliton (8th) and Edelbrando J. Sawayon (10th) from Malaybalay City; and Alma A. Cairo (6th) and Aida P. Cardente (9th) from the municipality of Lantapan.

With the completion of the SOA program on Upland Rice Production, the DA continues to encourage farmers to adopt farming technologies that will help increase their productivity, yield and income.

Outreach... from page 2

for the working sector on the following day.

The Financial Education Expo offers various financial education activities for students, professionals and others from the public and private sectors. It features learning booths with audio-visual presentations, graphic displays and interactive activities that will help participants become self-reliant in promoting their financial welfare.

There w i l l a ls o b e a “Paghahanda sa Kinabukasan” Financial Learning Campaign for overseas Filipinos and their beneficiaries on November 20 and a Financial Education Expo for students and members of the academe. It aims to educate participants on the importance of using remittances to build up savings and directing these into investments in financial products and business ventures.

Two separate sessions of the Financial Empowerment Course, which is an integral part of the Expo, will be conducted for students and members of the work force. The learning sessions will present the importance of financial education, the Philippine financial system, basics of budgeting, saving, investing and borrowing, financial planning for lifecycle events, and credit card awareness.

The “Be up to SPeed on BSP” information campaign will cover recent economic developments and the role of the BSP in the economy, with emphasis on the three pillars of central banking price stability, financial stability, and efficient payments and settlements system.

Through this learning advocacy, the BSP hopes to help overseas Filipinos and their beneficiaries achieve financial security, bring them into the fold of the formal financial system, and enable them to participate more meaningfully in the country’s economic development. Officials from the BSP, as well as from the Department of Trade and Industry and the Department of Agriculture will give briefings on topics such as the importance of remittances, financial planning, investment/business options and agri-business opportunities.

Interested parties who wish to join he activities may contact Lizette O. Antonio of BSP at telephone numbers (+632)3062707, or send your queries at antoniolo@bsp.gov.ph email address.

Pepsi... from page 5

the way for the company’s top line performance,” said Jika Dalupan, PCPPI vice president for corporate affairs and communications.

L ast month, Pepsi Philippines inaugurated its 12th manufacturing facility in Santo Tomas, Batangas.

Spanning over seven hectares, the P1.1-billion facility operates two bottling lines, serving over 40,000 outlets in the Southern Tagalog region.

Pepsi Philippines manufactures and sells beverage brands such as Pepsi-Cola, Mountain Dew, 7-Up, Mirinda, Mug, Gatorade, Tropicana, Lipton, Sting, and Premier.

BusinessWeek MINDANAO

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

Best in Business and Economic Reporting

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 17, 2014

Surigao... from page 1

rumors spread it was going bankrupt.

“Yes, it’s true that they are willing to help me. In fact, I got several calls and mobile text messages from my close friends that they want to extend their financial support if I needed,” Bonpin said.

The banker said one of them is long-time friend Ramon Mijares, a businessman who also hails from Surigao City.

“I thanked them but right now I still have financial sources,” he said.

Aside from SRB C of which he is the majority owner, Bonpin is also the major stockholder of other financial institutions like Frontier Bank in Cebu, Evergreen Lending Corp., and Rural Bank of Loreto.

‘More profits’ Bonpin told reporters on Tuesday that his bank’s financial problem was now over after he infused P60 million.

“I definitely get more profits in this because those time deposits that were already withdrawn could not get their interests for failing to reach the maturity period,” he said.

Bonpin called the mass withdrawals a blessing in disguise. “I gain more profits in this way,” he said with a smile.

SR B C of fe rs a t i m e deposit scheme in which P380,000 pesos can earn get P1,000,000 after 11 years and one day.

“Yes we have that. In fact that is just too low compared to other banks who offer double your money. I can make profits of it,” he said.

A former bank manager who is now based in the U.S. agreed to what Bonpin said.

“Yes, precisely because he did not have to give interest if certificates of deposits were drawn sooner.”

But the same source warned that what happened is damaging to the bank’s performance in the long run. “Interests are very low.

Unless, he made good use and have a large borrower base who pays him high interests. But now, he has no money to loan out.”

Bonpin admitted that panic withdrawals have hit SRBC since last month.

Several depositors were still worried if they could still get their money back.

MindaNews went inside the bank Thursday and saw some clients who look distraught and in disbelief. One even shed tears.

Bonpin said the bank will be releasing P1,000 to 10,000 depending on the cash returns they have. “ Their (depositors) money had been loaned out but they can get it back in time,” he assured.

He said the clients should not worr y so much. He reiterated an earlier statement that his bank was stable and has not has not been put

under the receivership of Bangko Sentral ng Pilipinas.

SRBC was established in 1998 and to date it has several branches in the cities of Butuan, Cagayan de Oro, Davao, Butuan, Cabadbaran, Tacloban and Cebu.

Bonpin confirmed that the bank has lost millions of pesos in their accounts but would not divulge the actual amount.

He alleged that some of the people he trusted “stole” money from the bank.

“We are still conducting an audit to the bank,” he said.

(Roel N. Catoto/MindaNews)

Plant... from page 1

Franchise areas under Davao Light and Power Company (DLPC) will benefit from the operations of the coal plant as it has contracted 100 megawatts from its load.

Rodolfo also added that they are on track in meeting the requirements of the Davao City Council.

Among t hes e is t he utilization of surface water to cool the plants instead of extracting underground sources and also the i mpl e ment at i on of t he carbon sink for the plant.

The company is currently implementing its 500 hectares carbon sink in Marilog. where farmers/partners are already trained in the agroforestry program and are now capable of re-echoing it to the community. (PIA/ RG Alama) Publication Notice R.A. 10172

Livelihood... from page 2

32 individual tricycle and trisikad drivers, P210,000; 3) trisikad spare parts trading to some 30 members of the Barangay Trisikad Association, P200,000; 4) massage and reflexology to its 28 constituents who are persons with disabilities, 50,000.00; and 5) motorcycle spare parts trading to 84 members of the First Tricycle Talakag Operators and Drivers Association, P200,000.

As a strategy of the government, the BUB was implemented in preparing the budget proposal of the agencies, taking into consideration the development needs of the poor cities/municipalities to ensure local poverty reduction. This shall ensure the inclusion of the funding requirements for the development needs of poorest/focus cities and municipalities in the budget proposals of participating national government agencies (NGAs).

At the same time, these livelihood undertakings help improve the economy of the municipality.

“Through convergence, the DOLE facilitates and provides access to employment and livelihood opportunities to shield vulnerable workers and their families for better access to social protection and sustainable income sources,” assistant regional director Rodrigo Deloso explained. “We really hope all our livelihood grants will be sustained and further expand in the future to help our vulnerable informal workers augment their income,” he further disclosed.

After this release, Public Employment Service Office (PESO) Manager, Isabelita Remate, and Municipal Treasurer, Efren Montesino, informed that they are going to gather the beneficiaries for a meeting and start the bidding of the supplies and materials of said grants for proper processing and implementation of the said project.

(Mildred E. Dablio/DOLEX)

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC

CFN- 0005-2014

Date : October 29, 2014

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10172), Notice is hereby served to the public that MA. ROFEL N. MALUTO has filed with this Office, a petition for change of first name from “ROFEL” to “MA. ROFEL” and correction of entry in sex from “ “ to “ “ or correction of entry in the date of birth from “ “ to “ “ in the certificate of live birth of ROFEL J. NATIVIDAD at Initao, Misamis Oriental and whose parents are ROLANDO K. NATIVIAD and FELY B. JALAGAT.

Any person adversely affected by said petition may file his written opposition with this Office not later than November 25, 2014.

(Sgd.) ISAIAS A. JARALES

Municipal Civil Registrar

BWM: Nov 10 & 17,2014

AFFIDAVIT OF ADJUDICATION WITH CONFIRMITY OF SALE Notice is hereby given that the intestate estate of the late ANNE PAJO, who died intestate on September 17, 2007 at kauswagan, Cagayan de Oro City. (Hereto attached is the machine copy of the Death Certificate of my wife, the late Anne Pajo which form as an integral part hereof). Left her share with our house and lot with Transfer Certificate of Title No. T- 64347, located at kauswagan, Cagayan de Oro City, Mindanao, Philippines, and more particularly described as follows to wit; A parcel of land ( Lot 5, Block 12, PSC-10-009858, being a portion of Block 1, Block 2, Block 3, and Lot 1., Block 6,, PSD-10-009099) situated at kauswagan, Cagayan de Oro City.

Containing the technical description under TRANSFER CERTIFICATE OF TITLE No. T-64347 of the Registry of Deeds for Cagayan de Oro City; said parcel of residential lot and its improvement are declared under Tax Dec. No.070484 issued by the City Assessor’s of Cagayan de Oro City.” is the subject of AFFIDAVIT OF ADJUDICATION WITH CONFIRMITY OF SALE under the notary public of Atty. EMELITO J. MARQUINO, As per Doc. No. 418; Page No.83;Book No. X; Series of 2013.

BWM: Nov. 3, 10 & 17, 2014

DEED OF EXTRAJUDICIAL SETTLEMENT OS ESTATE WITH SIMULTANEOUS SALE: Notice is hereby given that the late Lucio Febrera Ordeniza, who died intestate on January 9,2013 at Ozamis City; That said decedent died intestate without will or testament and without leaving any debts whatsoever, in favor of any person entity; “ A parcel of land Lot No. 537 of the Cadastral Survey of Tangub City, situated in the Barrio of Labuyo (now Garang), Municipality of Tangub (now city), Island of Mindanao. Bounded on the NE., by Lot No. 536; on the SE., by the shore of Paguil Bay; on the SW., Lot No. 530; and on the NW., by Lot No. 532. Containing an area of THIRTEEN THOUSAND ONE HUNDRED FIFTY NINE (13,159) sq.m. more or less, covered by Title No. T-1238 of the Office of the Registry of Deeds and embraced by Tax Declaration No. 100060.”, is subject of DEED OF EXTRA JUDICIAL SETTLEMENT OS ESTATE WITH SIMULTANEOUS SALE, as per Doc. No. 1425, Page No. 76, Book No. 35, Series of 2014, under notary public Atty. Joel A. Alima.

BWM: Nov. 3, 10 & 17, 2014

(Summons by publication pursuant to Court Order dated October 28,2014) Sec. 3,A.M. NO. 02-11-11-SC Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City ERWIN ATAY POLOYAPOY, Petitioner, FOR: LEGAL SEPARATION

CIVI CASE NO. TC-2014-005

-versusGRACE BAROQUILLO POLOYAPOY, Respondent, x---------------------------------------------------/

SUMMONS

TO: GRACE BAROQUILLO POLOYAPOY – Germany

(Respondent’s last known address

In the Philippines was at

Kolambogan, Lanao del Norte) GREETINGS:

21. Proof, are respondent’s recently uploaded pictures which petitioner download from the former’s Facebook Accounts named “Gras Bar” and “Grace Baroquillo”, werein she categorically admitted that NINA was her child, that NINA’s father was the German National, that she is living together and is maintaining an affair with a German National.

22. In the case of Tenchavez vs. Escano, L-19671, November 29,1965 the Supreme Court ruled that, “The marriage and cohabitation with an American husband is technically “intercourse with a person not her husband, which entitles the Filipino husband to legal separation on the ground of adultery”.

23. Inasmuch as the marriage between petitioner and respondent is still valid and subsisting here in the Philippines, respondent is duty bound to observe the marital obligations under the Family Code to render mutual love, respect and fidelity. To do otherwise, that is, TO LIVE TOGETHER AND STILL CONTINUE TO COHABIT with another man as as well as sire a child with another man, tantamount to SEXUAL INFIDELITY and ADULTERY. PRAYER

WHEREFORE, PREMISES CONSIDERED, it is respectfully prayed of this Honorable Court to:

You are hereby required, within fifteen (15) days after service of this summons upon you, to file with this Court and serve on the Petitioner/ Plaintiff your answer to the Compliant/Petition, copy of which is attached, together with the annexes. You are reminded of the provision in the IBPOCA Memorandum on Policy Guidelines dated March 12,2002 to observe restraint in filing a motion to dismiss and instead allege the grounds thereof as defenses in the Answer. If you fail to answer within the time fixed, the plaintiff will take judgment by default and may be granted the relief applied for in the complaint.

1. GRANT the Legal Separation between Petitioner and Respondent;

WITNESS my hand under the seal of the Court, this 29th day of October,2014.

5. ORDER a complete separation of properties between the spouses.

Other relief, just and equitable, are likewise prayer for.

(Sgd.) FULGENCIA G. ABELLA

OIC-Clerk of Court

Respectfully submitted.

August 20,2014. Tangub City,Misamis Occidental, Philippines.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City ERWIN ATAY POLOYAPOY,

Petitioner,

-versus-

Civil Case No. TC-2014-005 For: LEGAL SEPARATION

GRACE BAROQUILLO POLOYAPOY,

Respondent. x------------------------------------------------x

2. DISQUALIFY respondent from inheriting from the petitioner under intestate succession; 3. DECLARE that petitioner has no obligation to render and give support to respondent; 4. DISSOLVE the regime of absolute community of properties; and

PARTIES 1. Petitioner is of legal age, Filipino and a resident of Migcanaway, Tangub City, Misamis Occidental. Petitioner may be served with court notices and processes at the address of his undersigned counsel located at 3rd Door, RMN Building, Barangay 1, Tangub City, Misamis Occidental.

2. Respondent Grace Baroquillo Poloyapoy (Respondent” for brevity) is of legal age, a Filipino Citizen and is presently residing at Germany.

Respondent’s last known residence in the Philippines, however, was at Kolambogan, Lanao del Norte.

ALLEGATIONS COMMON TO ALL CAUSES OF ACTION 3. Petitioner and respondent were classmate at Holy Cross National High School. After their high school graduation, petitioner studied at Misamis University and earned the degree of Bachelor of Science In Electrical Engineering last 1998.

4. Petitioner then tried his luck and went to Metro Manila. There he was employed as an electrician in a certain establishment in Novaliches, Metro Manila.

By:

(Sgd.) PETER ELFRED A. LASMARIAS

Counsel for the Petitioner

LASMARIAS LAW OFFICE

3rd Door, RMN Building, Barangay 1, Tangub City

Roll of Attorneys No. 59012

PTR No. 4829172;01/07/14; Cebu City

IBP No. 965622;03/21/14;Mis. Occ.

MCLE Compliance Address:: peterelfredl@yahoo.com

Mobile number: 0906-460-2524

PETITION FOR LEGAL SEPARATION

PETITIONER, by counsel, to this Honorable Court, respectfully states that:

7

VERIFICATION AND CERTIFICATION OF NON-FORUM SHOPPING I, ERWIN A. POLOYAPOY, of legal age, married, Filipino and a resident of Migcanaway, Tangub City, Misamis Occidental, after having duly sworn to in accordance with law do hereby depose and say: 1. That I am the Petitioner in the above-captioned petition; 2. That I have cause the preparation and filing of the foregoing petition by furnishing all the facts alleged therein; 3. That I have read and understood all its allegations and confirm the same to be true and correct based on my personal knowledge and /or authentic records or documents.

4. That I hereby certify that there is no other pending case or proceedings involving the same issue in the Supreme Court, the Court of Appeals or different divisions thereof or any tribunal or agency, and to the best of my personal knowledge, no such action or proceeding is pending in the aforesaid court, tribunal, or agency or division thereof; 5. That if I should learn that a similar action or proceeding has been filed or is pending before the Supreme Court, the Court of Appeals, or any other court, tribunal or agency, I undertake to report the fact within five days therefrom to this Honorable Court.

IN WITNESS THEREOF, I have hereunto set my hand this 27th day of August 2014, in Tangub City, Philippines.

5. Sometime on July 1999, petitioner applied and was hired as an electrician in an NYK Vessel owned and operated by NYK-FILSHIP MANAGEMENT, INC., a shipping and manning corporation duly organized at Gen. Luna corner Sta. Potenciana Sts., Intramuros, Manila, Philippines.

(Sgd.) ERWIN A. POLOYAPOY Affiant

Gov’t ID No. SSS333-5793047-7

Issued by: __________________

Issued on: __________________

Issued at: ___________________

Expiry date: _________________

6. For several instances since July 1999, petitioner went on board and disembarked from the NYK vessel, until one day, on November 11,2003, petitioner inadvertently met respondent, for the first time since their high school graduation, when he was in a pharmacy in Kolambogan, Lanao del Norte, Philippines.

SUBSCRIBED AND SWORN to before me this 27th day of August 2014, in the City of Tangub,Philippines. Affiant personally appeared and exhibited to me a competent proof of his identity which is mentioned above containing his photograph and signature.

7. Petitioner and respondent caught up with each other, had an exchange of mobile phone numbers and since then, they had constantly communicated with each other. Their relationship blossomed which culminated to the celebration of their marriage on February 6,2004 at the United Apostolic Christian Church Philippines located at # 15 Lanutan Street, Vet. Village Project 7, Quezon City. In short, petitioner and respondent became husband and wife.

8. On February 2005, petitioner boarded one of the vessels of NYK-FIL SHIP MANAGEMENT, INC. and was due to return to the Philippines on April 2006.

9. On board the vessel, petitioner was not at liberty to use the vessel’s telephone, communication facilities and shore telephones. The sailors were prohibited to use them for personal or unofficial calls without proper authorization and they were also prohibited from purchasing, selling, using or processing telephone cards.

10. Upon his return, petitioner learned for the first time that respondent went to Germany on year 2006. Since then, respondent never went to Germany on year 2006. Since then, respondent never communicated with the petitioner nor he was informed that respondent returned here in the Philippines, if ever she did.

11. Though petitioner and respondent were married, their wedlock did not bore them any children and there were no properties that were acquired by the parties.

FIRST CAUSE OF ACTION

DOC. No. 4 Page No. 1 Book No. 1 Series of 2014

(Sgd.) PETER ELFRED A. LASMARIAS Notary Public until December 2015 Roll of Attorneys No. 59012 PTR No. 4829172;01/07/14;Cebu City IBP No. 965622;03/21/14;Mis. Occ. MLCE Compliance No. IV-0009436;11/13/2012

REPUBLIC OF THE PHILIPPINES OFFICE OF THE PUNONG BARANGAY MIGCANAWAY, TANGUB CITY OFFICE OF THE BARANGAY CHAIRMAN CERTIFICATION To Whom It May Concern: This is to certify that, ERWIN ATAY POLOYAPOY, 37 years old single and a bonafide resident of Purok NATIVIDAD Migcanaway, Tangub City, Misamis Occidental is personally known by the undersigned to be a person of good moral character and a law abiding citizen.

This certifies further that according to the records complied by this office as of this time he/she never been accused of any crime involving moral turpitude nor member to any group of subversive organization.

ABANDONMENT

This certification has been issued upon request of the herein interested party for whatever legal purposes it may serve.

12. Petitioner hereby repleads the foregoing and further states the respondent’s act of going to Germany on 2006 without informing petitioner tantamount to an act of abandonment.

Given this 12th day of AUGUST 2014 at Barangay Migcanaway, Tangub City Misamis Occidental, Phillippines.

13. In the case of Dela Cruz vs. Dela Cruz, L-19565, January 30,1968, the Supreme Court defined abandonment as “the act of a spouse voluntarily leaving the other with the intention to forsake her or him entirely, never to return to her/him and never to resume his/her marital duties or claim hi/her marital rights”, while Family Code considers abandonment without justifiable cause of one spouse for more than one year as a ground for legal Separation.

14. Here, respondent did not inform petitioner about her plan to go Germany.

Petitioner was not also informed that respondent returned in the Philippines, if ever she did. Neither did she communicate with the petitioner nor resumed conjugal relations with the latter.

(Sgd.) AHDORA A. SENANGGOTE

Barangay Secretary Community Tax No. 27981439 Issued at Tangub City On Aug. 12,2014 (Sgd.) JOSEPHINE L. TUMULAK

Barangay Chairman OR. No. 0682537 Issued at Migcanaway, Tangub City On Aug. 12,2014

15. Moreover, in the case of Olaguivel vs. Morada, 2027-R, February 26,1966, the Supreme Court said that, “Abandonment implies a departure with the avwed porpose never to return, followed by a prolonged absence without just cause and without, in the meantime, providing in the least, for one’s family although able to do so.”

16. Respondent’s absence in the Philippines for almost eight (8) years coupled with the fact that she never communicated with petitioner clearly shows her avowed purpose never to return and resume conjugal relations with the petitioner.

SECOND CAUSE OF ACTION Petitioner re-pleads the foregoing by way of incorporation, and further states that: ADULTERY AND SEXUAL INFIDELITY 17. As an added salt to an aching wound, just this year 2014 petitioner discovered the shocking truth that respondent already had a child, in the NAME of NINA, and is presently living together with a German National in Germany.

18. What paved the way for that deplorable discovery was due to petitioner’s friend who can no longer bear the guilt and the burden of not telling him the true status of his wife in Germany. This friend of his allowed petitioner to use and log-in his Facebook account for petitioner to see with his own eyes that respondent already had someone else in Germany and that respondent already had a child in Germany. Respondent deliberately blocked petitioner’s Facebook Account so that the latter would not be able to contact, view and update himself as to respondent’s status.

19. It must be stressed that having a child, not sired by petitioner, which is more or less, five (5) years old is an indication that respondent engaged in a carnal knowledge with another man while her marriage with petitioner in the Philippines still subsists.

20. Worst, respondent continuously cohabit and live together with the German national which affords the reasonable conclusion that they have been engaging in a continuous carnal knowledge.

BWM: Nov 10, 17 & 24, 2014

BusinessWeek MINDANAO Best in Business and Economic Reporting

8

Philippine Press Institute Civic Journalism Community Press Awards 2013

monday|NOVEMBER 17, 2014

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

BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER 2013 ppi’S BeSt in BuSineSS and economic RepoRting

MONDAY | NOVEMBER 17, 2014 editor: SHAuN ALEJANDRAE YAp uY

Walk in and out of the city in style

THE

FOUR-WAY TEST

of the things we think, say or do

1. Is it the TRUTH? 2. Is it FAIR to all concerned?

3. Will it build GOODWILL and BETTER FRIENDSHIP? 4. Will it be BENEFICIAL to all concerned?

B1

SLANG launches spring/summer collection 2014

B

orn 25 years ago in Barcelona, SLANG was established with creativity, design, and detail whirling at the very core of the street style brand. Since then, the company has expanded from Europe all the way to Asia.

Made for stylish urban dwellers that are always on the go, SLANG was made to adapt to the varying lifestyles of city slickers and the many different roles that they take on. To make this possible, only the finest materials are used and brought to life through new technologies and original designs.

SLANG first made a big splash when it launched its iconic bag that bears the most emblematic style in 1999. Since then, SLANG went on to be a fashion staple for its innovative, strength and lightness, and distinct style.

It isn’t much of a surprise that SLANG eventually expanded its

market in countries including the UK, France, Italy, Germany, Holland, Switzerland, Indonesia, Malaysia, and Thailand, as well as in the USA at the Museum of Modern Art in San Francisco.

As the Philippines catches up with the global trends, SLANG has finally made its way to our tropical shores thanks to the Primer Group of Companies who brought in the brand last March 2013.

Characterized for its bags that are meant to cover all aspects of urban living, SLANG is more than thrilled to present its latest collection for spring/summer.

Inspired by versatility for both work and leisure environments, SLANG’s new line puts an emphasis on functionality through its sober lines, punchy hues, STYLE | Page B2

Latest photo courtesy of Miss Jasaan Pageant Community Page taken during the Presentation of the Miss Jasaan 2014 Candidates at Basamanggas Resort. The pageant’s upcoming events include WET 'N WHITE Swimsuit Competition at the Basamanggas Resort, November 22, 7:00 pm; Tickets are available at 1,500-Table of 5 or 250/pax; DINNER SHOW Long Gown Competition, Basamanggas Resort, December 4, 7pm; Tickets are available at 350/pax; and CORONATION NIGHT, The Shell, Jasaan Plaza, Dec 6, FREE ENTRANCE - OPEN TO THE PUBLIC.

BusinessWeek MINDANAO Best in Business and economic RepoRting

B2

PhiliPPine Press institute Civic Journalism Community Press Awards 2013

MONDAY | NOVEMBER 17, 2014

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

Feature

Globe Telecom raffles off gadgets for Project 1 Phone advocates

G

lobe Telecom is raffling off one gadget every month as an incentive for its customers to actively support the company’s Project 1 Phone electronic waste recycling campaign.

Project 1 Phone aims to recover and recycle e-wastes specifically mobile phones and portable devices as well as their chargers and batteries to promote proper disposal and to educate the people about the benefits of recycling. Proceeds from the program will be added to the funds for 40 schools which Globe is building in Aklan to serve schoolchildren displaced by Typhoon Haiyan a year ago.

“Being a telecommunications provider, Globe would like to ensure that the company and its customers do not add to the growing worldwide problem of improper e-waste disposal which can pollute the environment and harm our health. This promo is our way of encouraging our customers to become advocates of e-waste recycling and environmental protection and also a way of thanking those who heeded the call,” said

Yoly Crisanto, Senior Vice President, Globe Corporate Communications.

The raffle for one iPad Air is open to all prepaid and postpaid subscribers of Globe and TM nationwide.

Interested participants may dispose any brand of their old mobile phones with battery in exchange for a raffle ticket.

One old mobile phone with battery is equivalent to one unique code.

To join the promo and get the unique code, Globe and TM customers should present the old mobile phone with battery to the on-duty security guard at participating partner establishment and drop them off at the designated cell phone recycling bin. (Please check www.globe.com.ph/ project1phone for the list of participating Globe stores).

Participants should register and text the unique code using the following syntax and send it to 2948: RECYCLE code/name/age/address.

Ex. Recycle ABC123/Juan dela Cruz/23/14-B Real St. Makati City. For succeeding entries sending, participant can text RECYCLE <unique code> and send it to 2948; Ex. RECYCLE DEF456.

Registration and entry

September winner Noel TimTim (middle) receives his iPad air from Gina alcantara, Retail Manager of the Globe Store in Dumaguete (3rd from right). Together with them are Store shop specialists (from L-R): Rafael De Leon, Mia Crisanee Tan, Rhecelyn Nicolas, Grace abitona, and Genelotte Baguio. submission cost P2.50 for Globe or TM users.

The customer will receive a confirmation code, which contains the status of the registration. Only one name can be registered per SIM card.

All the entries in the

database will be collected and saved to a file and will be entered to the randomizer application of MegaMobile.

After the entries are sorted, a random entry picker module will be triggered through a command button to display a winner.

STYLE |from Page B1...

Cagayan de Oro City Mayor Oscar “Oca” Moreno graced the formal opening of the 17th edition of Cine Europa at the Rodelsa Hall, November 14. Moreno welcomed the delegation from the European Union to the City of Golden Friendship in his speech. Photo by SHaUN Uy

EUROPA from Page B4...

Oscar Moreno and Mr Mariano Lerin of Liceo de Cagayan University.

Movie goers from CDO have reached close to 9000 since 2012. Last year, Cine Europa 16 reached 36,400 people across the Philippines.

This 17th edition of the film festival is unique in several ways. For the first time Cine Europa will be seen in nine cities over the Philippine archipelago- Manila, Baguio, Iloilo, Cebu, Leyte, Tacloban, Davao, Zamboanga and Cagayan De Oro.

History of Cine Europa Cine Europa which started out 17 years ago with screenings only in Manila, continues to expand to the provinces with screenings this year planned in 9 Filipino cities. With movies being shown between September and November 2014 Cine Europa is certainly amongst the longest, if not the longest, Film Festival in the Philippines.

Cine Europa moved to eight other cities: Baguio City Cinematheque from 23 to 28 September followed by Iloilo City Cinematheque from 30 September to 5 October and

and playful twists on traditional bag structures.

To juxtapose with the classic structure of the bags, SLANG made use of Barcelona’s vibrant elements such as bright colors and materials that pay homage to the city’s historical and lively “barrios” – all of which are wrapped up in basic yet modern sensibilities that resonate best with sassy urbanites.

As SLANG loves to say, “There’s always a bag for you.”

True enough, any modern day then Ayala Center Cinema in Cebu City from 10 to 12 October.

In Mindanao, Cinematheque Davao City will host Cine Europa from 28 October to 2 November. It then moves on to Cinematheque in Zamboanga City from 4 to 9 November before concluding with screenings in Liceo de Cagayan University in Cagayan de Oro City from 13 to 16 November.

The film festival this year has a total of 23 movies from Austria, Belgium, Bulgaria, Czech Republic, Denmark, France, Germany, Hungary, Italy, The Netherlands,

The next draw schedules are on November 11 and December 11, respectively.

Customers are also requested to reset their phones to factory settings and delete any personal information prior to donation.

damsel can find all that she needs and more with the brand’s thoughtful bag varieties that are perfect for urban use as much as it is ideal for trips at the outskirts of the big city.

SLANG is available at Bratpack, The Travel Club and Ladybag stores nationwide. For more information about SLANG, visit www.slangbarcelona.com.

“Like” us on Facebook at www. facebook.com/SlangBarcelona.

SLANG is exclusively distributed in the Philippines by the Primer Group of Companies – Asia’s next retail giant.

Romania, Slovakia, Spain, Sweden, the United Kingdom, Norway and Switzerland.

Admission is free for all screenings at all locations for the two-month festival.

Cine Europa 17 is organised by the European Union Cultural Group in Manila and is funded by the European Embassies and Cultural Institutes accredited to the Philippines including the Embassies of Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy, Netherlands, Norway, Romania, Spain, Slovak Republic, Sweden,

Switzerland, United Kingdom, the Delegation of the European Union to the Philippines, Alliance Française, British Council, Goethe-Institut, Philippine-Italian Association, and the Instituto Cervantes de Manila with the important contribution of the Film Development Council of the Philippines. Our partners include, the Independent Film Cooperative, the Shangri-La Plaza Mall (Manila), Arts Council of Cebu and Liceo de Cagayan de Oro (Mindanao) and the Visayas State University in Baybay. Philstar. com is the online media partner of Cine Europa.

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

EnvironmEnt

BusinessWeek MINDANAO Best in Business and economic RepoRting

PhiliPPine Press institute Civic Journalism Community Press Awards 2013

MONDAY | NOVEMBER 17, 2014

B3

PH pushes for more Asean cooperation DENR to host int’l confab on on climate change, migrant workers issues resource efficiency in SMEs President B enigno S. Aquino III called on fellow leaders for a greater Asean Plus Three (APT) cooperation on disaster management, and increased protection for the welfare of migrant workers.

Speaking before the 17th Asean Plus Three Summit (APT) with China, Japan, and South Korea on Thursday, President Aquino cited Typhoon Haiyan and Typhoon Bopha among natural disasters that caused severe destruction to life and property.

“The past few years, we have also seen major natural disasters, including Typhoon Haiyan in 2013 and Ty pho on B oph a

in 2012, both of which s e verely af fec ted the lives and property of our peoples,” the President said.

“Our country believes that greater APT cooperation on disaster risk reduction is a necessity, since these increasingly powerful disasters are a threat to every country,” the Chief Executive said in his intervention.

P r e s i d e nt Aq u i n o acknowledged the Memorandum of Understanding between Asean and China on Disaster Management as a major step towards deepening APT cooperation.

(BEIJING, China) President Benigno S. Aquino III answers questions during the panel discussion in the APEC CEO Summit 2014 held at the China National Convention Center here on Sunday (November 09). The APEC CEO Summit 2014 is the most important business event during the APEC Leaders’ Week. (November 09). (Photo by Ryan Lim / Malacañang Photo Bureau).

“C h i n a’s g e n e rou s contribution of 50 million Yuan supports the implementation of the Asean Agreement on Disaster Management and Emergency Response (AADMER) Work Programme, the strengthening of the Asean Coordinating Centre for Humanitarian Assistance on disaster management (AHA Centre), and the Asean Secretariat’s capacity building programs on disaster management,” he said.

President Aquino also called on fellow leaders to protect the rights of migrant workers, citing their significant contribution to the economies and societies of their host governments.

“Of course, it is necessary for us to ensure the safety and security of all our peoples. For this reason, the Philippines supports efforts to address migrant workers’ issues under the APT Cooperation Work Plan,” the President said.

“M i g r a nt w o r k e r s contribute significantly to the economies and societies of their host governments. We have a collective responsibility and moral duty to uphold their dignity and promote and protect their human

rights,” he added.

P r e s i d e nt Aq u i n o said he also supports all endeavors promoting good governance.

The President also noted that the Asean Plus Three mechanism plays a major role in maintaining peace, security, and stability in the region. Thus, he urged the Plus Three Countries to exercise all efforts to convince all parties to resume the Six Party Talks. “ The Philippines likewise supports efforts of t h e i nt e r n at i on a l community to promote disarmament, nonproliferation, and the peaceful use of nuclear energy,” he said.

The President also reiterated the need to prop erly manage the tensions in the South China Sea through the full and effective implementation of the DOC and the early conclusion of the COC. Furthermore, he expressed the Philippines’ support to the commemoration of the 25th anniversary of the Asean-Republic of Korea Dialogue Relations.

“We lo ok for ward to the Asean-ROK Commemorative Summit in Busan in December,” he said. (PCOO/PND)

MEDICAL EQUIPMENT DISTRIBUTION – VICE GOVERNOR JOEY G. PELAEZ distributes medical equipment which was donated by Children International Philippines, Inc. (CIPI) at OWWA Misamis Oriental Provincial Hospital – Alubijid. This is part of Vice Governor Pelaez’s effort to have additional medical supplies in all hospitals in the province to compliment with Governor Bambi Emano’s effort to uplift the healthcare system of the province through MisOr Cares Program.

MANILA -- The Philippines is going to host a regional gathering of green technology experts and executives of financial institutions in a bid to scale up small and medium enterprises (SMEs) as active drivers of resource efficiency in the Asia Pacific region.

The policy dialogue, slated for November 18 to 20 at the EDSA Shangri-La Hotel in Mandaluyong City, will be hosted by the Department of Environment and Natural Resources (DENR), with assistance from the United Nations Environment Programme (UNEP) and the European Commission’s SWITCH Asia Project.

In press statement yesterday, Secretary of Environment and Natural Resources Ramon J.P. Paje said that one of the main objectives of the three-day meeting was to link policy and industry stakeholders to enhance financial assistance to SMEs undertaking green production and consumption practices.

“SMEs need all the support they can get from the government and the international community as they strive to transform their businesses to become more resource efficient,” Paje pointed out.

He added: “Making the switch to greener economy can be challenging but the benefits outweigh the costs and drawbacks of engaging in eco-friendly alternatives.”

The environment chief said it is high time that SMEs become more resource efficient and contribute substantially to the transition towards a low-carbon economy.

“This gathering is indeed an opportunity to talk about what we can do in the area of green investment especially for SMEs,” Paje said, noting that SMEs have been contributing significantly in the country’s positive economic performance.

Citing a report by the Asian Development Bank, Paje said that “SMEs stimulate domestic demand through job creation, innovation and competition, making them a driving force behind a resilient national economy.”

He said a 2012 data from the Department of Trade and Industry showed that SMEs account for 99.58% of total registered enterprises, and that out of the 944,897 businesses that operated in the country, 940,886 were SMEs while only 4,011 were large enterprises.

“But as to any business opportunity, natural resources play an essential role in supporting these livelihoods.

It is critical therefore, to improve the management and

reduce the impacts of these businesses in the country’s natural wealth,” Paje pointed out.

Thus, he called on manufacturers and service providers to “behave responsibly in producing and distributing their products as well as ensuring that these products are safe for both consumers and the environment.”

The dialogue is part of an annual series exploring the links between policy and industry for Sustainable Consumption and Production (SCP) and “green” growth in the Asia Pacific region.

Paje urged that the concept of sustainability must be integrated to ensure that companies thrive in today’s business environment.

“By engaging in responsible, eco-friendly enterprises, SMEs do not only provide jobs and income opportunities for the country but are also helping reduce greenhouse gas emissions and avert the impacts of climate change, not to mention the huge savings generated from investing in these worthwhile undertakings,” he explained.

During the first day of the dialogue, the SWITCH Policy Support Component (PSC) – comprising of SWITCH National Focal Points, partner United Nations agencies, and a group of SCP experts – will meet to share information on the 2014 activities of the SWITCH Asia Regional PSC and to refine proposals and priorities for 2015-2016 activities.

The next day will see experts led by Paul Gambles, managing partner of MBMG International and guest host of CNBC Squawk Box Asia, tackle resource efficiency of SME sector. In-depth insights on regional trends, challenges, key cases, and opportunities to scale up resource efficiency in Asia will also be discussed.

On the last day, technological innovations will be talked about along with regional and national mechanisms for replicating SME innovations, supporting the soft and hard aspects of technology transfer and diffusion of SME innovations.

The policy dialogue is part of the SWITCH-Asia Programme launched by the European Commission in 2008 to help interested consumers, businesses and supporting associations switch to a more sustainable paradigm.

The program aims to promote sustainable growth with low environmental impact from industries and consumers in Asia, in line with international environmental agreements and processes.

(DENR)

VIBE

BusinessWeek MINDANAO MONDAY | NOVEMBER 17, 2014

editor: SHAUN ALEJANDRAE YAP UY

B4

Cine Europa 17 culminates in CdeO MoviEgoErs from Cagayan de Oro continue to enjoy family-oriented films from this year's Cine Europa film festival.

The 17th edition of Cine Europa comes to a close November 14 at Liceo de Cagayan de Oro with the screening of the German film "Scherbenpark" or Broken Glass Park directed by Bettina Bl端mner.

"Scherbenpark" or Broken Glass Park tells the story of how Sascha, a clever girl with the gift of gab has witnessed her stepfather Vadim kill her mother. When Sascha reads a newspaper article claiming Vadim is a sensitive man who is full of remorse, this is the last straw. But then events take an unexpected turn.

Sherbenpark was the perfect film for Cagayan de Oro as the Goethe Institut, the Cultural Institute of Germany in the Philippines, highlights its partnership with Liceo de Cagayan University which was forged last year and which made Liceo the fourth official partner school of Germany.

Twenty-one films from Austria, Belgium, Bulgaria, Czech Republic, Denmark, Germany, Hungary, Italy, The Netherlands, Romania, Slovakia, Spain, Sweden, the United Kingdom, Norway and Switzerland were screened from 13 to 16 November.

Mr Lubomir Frebort, Political Counsellor, EU Delegation to the Philippines, inaugurated Cine Europa in Cagayan de Oro together with Cagayan de Oro Mayor

EUROPA | Page B2