BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER
2013 ppi’S Best in Business and Economic Reporting
Volume V, No. 73
Market Indicators
As of 6:14 pm nov. 25, 2014 (tuesday)
FOREX
PHISIX
US$1 = P44.970
7,325.12 points
9 cents
X
48.95 points
X
Briefly Agri investments DAVAO del Norte -- With almost two years of rehabilitation from the devastation made by Typhoon Pablo, the provincial government embarks now on promoting Davao Oriental as haven for agri-based investment. Gov. Corazon Malanyaon said that alongside with other developments after Typhoon Pablo, the province revitalized its economy through more investments in agriculture. “Since we have vast agricultural land, we prioritize agri-based industries as our main investment area in Davao Oriental,” Malanyaon said. She said that her vision is to have more commercial crops grown in the province particularly oil palm, cacao and coconut.
Fake medicines DAVAO City -- The Food and Drug Administration (FDA) has reminded the public to be cautious in buying medical products, noting that counterfeit or fake medicines continue to proliferate. The warning came as part of the continuing nationwide advocacy efforts of FDA which recently culminated the National Consciousness Week against Counterfeit Medicines last week. FDA Mindanao East Cluster OIC Jesusa Joyce Cirunay emphasized that the public should always make sure that they buy good quality, clean, safe, genuine and FDA-registered medical products from registered pharmacies or drug outlets. “Our continuing drive against counterfeit medicines intends to protect the public from the dangers of fake drugs,” Cirunay said during the culmination of consciousness week in Davao City, which bannered the national theme: “Kapakanan ng Pamilya Alagaan, Huwad na Gamot Labanan.”
P15.00
More peaking plants urged for Mindanao www.businessweekmindanao.com
E
By MIKE BAÑOS, Editor-at-Large
NERGY Secretary Jericho L. Petilla is urging investors to consider putting up more peaking plants in Mindanao to address a perceived gap in the island’s emerging power mix.
In his keynote speech during the blessing and inauguration of the 20MW
bunker-fired power plant of Peakpower Socsargen Inc. (PSI) in Bgy. Apopong,
Wednesday | November 26, 2014
General Santos City 20 November 2014, Petilla said although there are many plants coming in he was worried there are not enough peaking plants. “While there will be many new plants opening soon in Mindanao, most of them are baseload plants,” Petilla explained. “I’d like plants/PAGE 7
FISHING. Men sit on the bamboo outrigger of a banca while trying to catch fish using nylon cords along the fish port in barangay Luyong Bonbon in Opol town, Misamis Oriental. mindanews photo by erwin mascarinas
MDN to hold search for journalism awards today THE Mindanao Daily’s search for Journalism Excellence, actual writing contest among campus journalists, government communicators and private company corporate writers, is scheduled at the Mindanao University of Science & Technology (MUST) campus today, Nov. 26. The journalism award is the first ever organized search for the best writers in var ious categor ies
dubbed as -- the Northern Mindanao Journalism Excellence Award -- by a media entity in cooperation with the Philippine Press Institute; the Rotary Club of Cagayan de Oro, and Oro Chamber. Supporting the project are Ayala Corporation; Veterans Bank, PPI and Atty. Jesus Dureza; D’Asian Hills Bank; JG Summit Holdings; A Brown Company; FICCO; MinDA, and others. awards/PAGE 7
ARTISTS FOR JUSTICE. Local artists perform during the nationwide campaign “Isang Kandila, Isang Milyon Tanglaw” campaign at the Press Freedom monument in Cagayan de Oro City on Nov. 24, 2014. The campaign calls for an end to impunity and speedy resolution of the Ampatuan Massacre. mindanews photo by froilan gallardo
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
wednesday|NOVEMBER 26, 2014
Economy
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
Camiguin ticks up climate change advocacy efforts MAMBAJAO, Camiguin – Responding to the call to act and adopt, the local government here is pushing to bring the climate change advocacy campaign down to the barangays.
The commitment was pi t c h e d f o l l ow i n g t h e Environmental Symposium on Climate Change on November 20, at the convention center hosted by the provincial government in partnership
with the Department of Environment and Natural Resources (DENR) and Philippine Information Agency (PIA), pooling all municipal disaster risk reduction and management
officers (MDRRMOs) and government information officers (GIOs) in the province. Involving Communities For the campaign to be effective, it has to boil down to the communities, reaching
Students’ Environmental Concerns: Expressing Ecophobia By Rublyn P. Fabre Teacher III INITAO NATIONAL COMPREHENSIVE HIGH SCHOOL
Today, children are growing up in a world burdened by environmental problems (Mo ore, 2003; World He a lt h Organizat ion, 2007). This is due to the fact that the uncontrolled and uncoordinated usage of environmental sources resulted in many issues such as deforestation, loss of biodiversity, pollution, ozone depletion, global climate change and overconsumption of natural resources (Önder, 2006). In our local setting, the idea of ecophobia was recognized and identified shortly after the onslaught of Sendong in 2012. Rain may it be just a few drops or heavy one makes children cry, tremble and panic. It was observed that children who had such reactions are mostly those who survived
that big flood which killed a lot of people. It have been observed t h at y ou n g e r p e op l e are more concerned on different environmental problems than adults but more research needs to be done to prove this claim since young ones do not have the same level of emotional or intellectual development like adults. The feeling of worry and fear are also leading in the list of emotions and so there is a need for adult people or teachers who surrounding/teaching these respondents to change the way they discuss, present, engage, and educate the said respondents about environmental problems in order not instil in them the tendency of becoming ecophobic.
as many sectors as possible, said Camiguin provincial planning and development officer Felicisimo M. Gomez. MDRRMOs will take the lead in cascading the campaign forward, from the barangays down to the sitios, he said. Further, Gomez challenged the municipal government units to prioritize and take action now in educating the communities on the alarming effects of climate, and harness their action and support to the campaign. The campaign is hoped to change people’s apathy to climate change, plastering the “Nagbabago na ang Panahon, Panahon na Para Magbago” slogan. Pay it forward All the GIOs, meanwhile, are also encouraged to collaborate, to be part of this effort in bringing the climate change program to every sector in the society. “It is important that we go out of the bureaucratic setting and reach down to the communities; they
must be informed of what is happening, for them to be prepared and equipped of the correct knowledge. The time is changing, the climate is changing and we need to adapt to these changes,” Camiguin vice-governor James Ederango hinted. Tapping the Youth Involvement continues with the youth sector, the campaign was staged to student leaders and senior education students at the Camiguin Polytechnic State College by pool of experts from the Provincial Environment and Natural Resources Office (PENRO). They were likewise urged to think of outside of the box ideas in running their own share of environmental campaigns, something noisy and crazy that will capture people’s attention and interest to act and become one with nature. More champions are expected to join this green bandwagon and it could start with you! (JCV/PIA)
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
wednesday|NOVEMBER 26, 2014
3
BusinessWeek MINDANAO
Opinion
Best in Business and Economic Reporting
4
Philippine Press Institute Civic Journalism Community Press Awards 2013
wednesday|NOVEMBER 26, 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. 2014-04917, 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
C
Building Cities Competitiveness
OMPETITIVE cities ranking help tourism and convention traffic to the city destination. The presence of adequate and modern infrastructure to move transport safely and house a huge gathering of people is a great factor. Of course supply of good quality and sustainable water and adequate electricity to power the industries and manufacturing is another feature to attract new investments. Housing facilities in a safe environment and sanitation to safeguard the health of the population adds to these features. The Harvard School of Business briefly mention these factors in a term paper prepared by graduating students of Economics. Apply ing t hes e context in the Asian setting like the Philippines , Malaysia or Indonesia where the economic growth have some parallel pattern, b e n c h m a r k i n g an d
Member:
comparison can be established to determine how government and the private sector respond in achieving competitiveness in many cities of the country. Government cannot do this alone for lack of resources; it has to partner with private business and tapped the international banking communities or t he Inter national Monetary Fund (IMF) for financial assistance. We have heard of the Jap a n Int e r n at i o n a l Cooperation Assistance or JICA involvement in some feasibility studies and funding of flood control projects and i r r i g at i on i nclu d i ng bui lding of air p or ts and seaports. The As i a n D e v e l o p m e nt Bank (ADB) has also earmarked for the year 2014 to 2015 some funding assistance for training and d e ve l opm e nt i n t h e government and the t o u r i s m s e c t or. In short, the Philippines
have been enjoying the technical and financial support of foreign donors to make our cities competitive with the rest of the world. Why do cities aspire for competitiveness? The world has and increasing population, the demand for food, shelter and health care rank as the top priorities. It cannot be left alone to the farmers in the rural sector to produce more food or the construction and housing developers to build more subdivisions or high rise buildings. Hospitals are not the sole guardians or s anc tu ar y of our wellbeing. The cities have to help provide the environment to meet these requirements. It has to generate more investments to collect more taxes for health care. Government has to generate added revenues to fund social welfare and other priority development. We h a v e b e e n
TRAVERSING the
Tourism H i - way
By Ped Quiamjot
disturbed for over a year already on the monetary issues of PDAP and DAP. The focus of our national l e a d e r s h ip w a s s i d e tracked with exposes and invest igat ion of graft cases and illgotten wealth issues. Meanwhile that we drag our feet and become kibitzers to the national drama of our elected leaders, we are losing our competitiveness to our Asian neighbors. Malaysia and Indonesia are hitting the 18 Million to 25 Million tourist a r r i v a l s p e r a n nu m while the Philippines is struggling to achieve the 6 Million foreign visitors arrivals in 2016.
The Year of the Poor
Philippine Press Institute
The Magic is in the Mix T T THINK AM hink a minute…A little boy named Mike was watching his mother bake a cake. She put all the ingredients on the table: flour, butter, sugar, baking powder, eggs, and vanilla. Then when his mother wasn’t looking, little Mike sneaked a taste of each ingredient. But they all tasted bad just by themselves! Then he watched his mother mix all the ingredients together, pour them into a pan and then into the oven to bake. That night after Mike had enjoyed 2 big pieces of the cake, he said: “Wow! How can mixing all those BAD tasting things make such a GOOD cake?” His mother smiled and answered: “Son, the magic is in the mix!” Yousee,sometimesbadthings happen to us; and that thing by itself can be terrible and painful. We might get discouraged and lose hope because we think it’s hurt or ruined our plans for a good life. Maybe you didn’t get that job you really wanted; or your daughter dropped out of school because she became pregnant. It could be that someone in your family suddenly became very sick. Naturally when bad things like this happen to us, it’s very hard for us to imagine that anything good can possibly come out of it. We might continue to blame ourselves or others for causing these bad things to happen. For example, we might keep making our pregnant daughter feel that she’s a failure and loser because that mistake she made has now
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
inute
By Jhan Tiafau Hurst
ruined her life. But friend, if a person is a failure just because they failed, then we’re all failures! We’ve all failed at one time or another. That’s exactly why Jesus Christ came: to forgive and free us from all our past failures and wrongs so we can have a fresh start. But this time we will have His strength and character living in us. So why not make today the first day of your new life? Sincerely ask Jesus to forgive you for your past wrongs, and to take full charge so He can start changing your life. Then with His power and help you can start living His way every day. Jesus will even take all the bad things from your past and start mixing them together so that in the end they can actually benefit you. Then instead of being guilty and ruined by those things anymore, you’ll thank God for forgiving you and using those lessons to change you into a much better, happier person. Just Think a Minute …
he Church, through our bishops, has declared 2015 the Year of the Poor. It’s part of grand 9-year plan of new evangelization in preparation of the celebration of the fifth centenary of the Christianization of the Philippines in 2021. We should do all we can to promote this ecclesial thrust for the year to come, keeping in mind the overall idea of the plan so that we can develop the proper spirit, attitude and skills needed to undertake the many activities involved. For this Year of the Poor, we just have to make one crucial clarification though. While it’s ver y understandable that the immediate concern is what to do with those living in some form of human misery, we should never forget that there is such thing as bad poverty as well as good poverty. We should not just jump into the Year of the Poor doing all sorts of works of charity and mercy without making this distinction, because bad poverty can only be solved, or at least, to be realistic, relieved to a great extent if the good
poverty is developed and lived well. In short, if there is no good poverty, we cannot expect to do much about bad poverty. We would just be indulging in showy but useless sloganeering and other mechanical and soulless programs composed of modules, talks and p.r. campaigns, complete with photo ops. At worst, we would just be going through the motions wit hout t he subst ance. High-class hypocrisy, in other words, a kind of new pharisaicalism-good and attractive more in words than in action, more interested in looking good than in delivering. Sad to say, this is an image that has been hounding the Church for long, and we need to correct that drastically. Bad poverty is the one that dehumanizes us, that diminishes our dignity and reduces us to mere objects or animals, that disables us to do our functions as persons and as children of God. As a way of describing them journalistically, our bishops refer to them as “the unwashed, the oppressed, the
scorned, the powerless, the miserable and the outcast.” But I’m sure there are still other forms of bad poverty that are so subtle as to escape these categorizations. We need to be more aware and wary of these trickier forms of bad poverty that can manage to appear “rich” according to our purely human standards and estimations. Sad to say, this kind of bad poverty is spreading rapidly, and is affecting our millionaires and billionaires and the powerful of this world. Such awareness would lead us to tackle the challenge of tackling bad poverty more realistically and seriously, and would help us to avoid falling into simplism that would divide the rich and the poor according to mere economic or social measures. Good poverty, on the other hand, is the one e x e mp l i f i e d by C h r i s t himself who, as St. Paul said, emptied himself all the way to offering his very own life on the cross. He is the model to follow, the template to reproduce in our life, the paradigm to go through. This is the good poverty referred to in one of the
HINTS
and
Traces
By Fr. Roy Cimagala
beatitudes, “Blessed are the poor in spirit, for theirs is the kingdom of God.” It’s the poverty that means one has a true and abiding hunger for God, a hunger that involves total detachment from the things of the world insofar as these things become a hindrance to live genuine charity or love for God and for others. It does not mean that we should reject the things of this world. Good poverty is not averse to having things, since as human beings, we are always in need of material things. We just have to see to it that everything is used for God’s glory and for the common good, a continuing struggle for us given our weakened human condition.
VISIT OUR WEB PORTAL
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
BusinessWeek MINDANAO Best in Business and Economic Reporting
Philippine Press Institute Civic Journalism Community Press Awards 2013
wednesday|NOVEMBER 26, 2014
5
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
wednesday|NOVEMBER 26, 2014 Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 18 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA JUDICIAL SALE
NATIONAL HOME MORTGAGE FILE NO. 2014-288 FINANCE CORPORATION (NHMFC) Mortgagee, FOR : EXTRA-JUDICIAL -VERSUS- FORECLOSURE OF REAL ESTATE ANN APASRA VALMORES SAMBAAN, MORTGAGE Mortgagor. X---------------------------------------------------/
GIVE BLOOD, SAVE LIFE - A way of saving lives, Governor Bambi Emano partcipated in the simultaneous nationwide Dugong Bombo, a Blood Letting activity at Xavier University Gym. Photo from Governor Bambi Emano FB Account)
Upon extra-judicial petition for sale under Act 3135 as amended, filed by NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC), Mortgagee, against ANN APASRA VALMORES SAMBAAN, Mortgagor, resident of Lot 39, Blk 14, Villa Candida Subd., Bulua, National Highway, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of May 31, 2014, amounts to FIVE HUNDRED THIRTY SEVEN THOUSAND EIGHT HUNDRED SIXTY ONE PESOS and 65/100 (Php 537,861.65) exclusive of penalty, the undersigned sheriff will sell at public auction on December 19, 2014, at 9:00 a.m. to 4:00 p.m., at the Regional Trial Court, Branch 18, Room 117, Hall of Justice, Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT No. T-71339 A PARCEL OF LAND (Lot 39, Block 14, Psd-10-015484, being a portion of Lot 6221-C, Psd-10-012775) situated in the Barrio of Bulua, City of Cagayan de Oro, Island of Mindanao, containing an area of FIFTY (50) SQUARE METERS, more or less. All sealed bids must be submitted to the undersigned on the above-stated time and date. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day , without further notice, posting and publication. Prospective buyers may investigate for themselves the title the title herein above described and encumbrance thereon, if any there be. Cagayan de Oro City, November 18, 2014 FOR THE EX-OFFICIO PROVINCIAL SHERIFF (Sgd.) NIZA P. TACANDONG Sheriff IV
BWM : Nov. 26, Dec. 3 & 10, 2014
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 21 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF RCBC SAVINGS BANK, INC., Mortgagee, -versus- SPS. PETER ALAN HOGAN & ERLINDA B. HOGAN Mortgagors. x-----------------------------------/
EJF FILE NO. 2014-278 For : Extra-Judicial Foreclosure of Real Estate Mortgage under Act 3135
Bangko Sentral concedes BOP to end year in the red PHILIPPINE monet ar y authorities have revised their balance of payments (BOP) forecast for this year to a deficit, a turnabout from their earlier estimate of a surplus. Bangko S entral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said the forecast of a $1.1 billion surplus by yearend is no longer attainable, adding that the BOP could end the year with a deficit of $3.4 billion.
If the BSP’s forecast holds, then this would be the countr y’s first B OP deficit since 2004. The latest revision comes after last June’s cut from the original forecast of a $3 billion surplus. The BOP summarizes the countr y’s economic transactions with the rest of the world, with a d e f i c it i n d i c at i ng t h at foreign exchange payments outstripping receipts and a s u r p lu s t h e re v e r s e .
Persistent surpluses help build up the country’s gross international reserves (GIR), an ample supply of which helps prop up the peso visà-vis the US dollar and keep domestic inflation at bay. The country’s external payments surplus had been a source of the Philippines’ resilience since the global financial crisis of the 20082009. This strength had been one of the pillars of the country’s upgrade to investment status.
NOTICE OF EXTRA-JUDICIAL FORECLOSURE SALE Upon extra-judicial petition for sale Under Act No. 3135 as amended by Act No. 4118, filed by RCBC SAVINGS BANK, INC. a banking institution duly organized and existing under and by virtue of the laws of the Philippines with principal place of business situated at 31st Floor RCBC Savings Bank Corporate Center, 26th and 25th Sts., Bonifacio Global City, Taguig City, Philippines with branch office situated at Carmen, Cagayan de Oro City against SPS PETER ALAN HOGAN and ERLINDA B. HOGAN, both of legal age, Husband and Wife and residents of B5 L16 La Mirande Subdivision, Gran Europa Lumbia, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of SEPTEMBER 12, 2014, amounted to ONE MILLION FOUR HUDRED TWENTY SIX THOUSAND EIGHT HUNDRED NINETY THREE AND 45/100 PESOS ( Php. 1,426,893.45), Philippine currency , inclusive of interest & penalty charges, attorney’s fee and expenses of foreclosure, the undersigned or duly authorized deputy will sell at public auction on DECEMBER 10, 2014 at 10:00 a.m. or soon thereafter at the main entrance of the RTCBR.21, Hall of Justice lobby, Hayes St., Cagayan de Oro City to the highest bidder, for CASH in Philippine Currency, the following property described below with all the improvements included thereon, to wit” TRANSFER CERTIFICATE OF TITLE NO. T-203999 Lot : Portion of Lot : As Surveyed For : Land Use : Location : Boundaries : NW., Line 3-4-5 NE., Line 5-1 SE., Line 1-2 SW., Line 2-3
16, Block 5, Psd-10-056755 Block 61, Psd-10-037343 FIRST LAPU-LAPU PROPERTIES & HOLDINGS CORPORATION Residential Lumbia, Cagayn de Oro City Island of Mindanao by Road Lot 5, by Lot 17 Block 5, by Lot 15 Block 5, by Road Lot 13, All of the Subdivision Plan Psd-10-056955
Beginning from a point marked “1” on plan, N. 74 deg. 15’ W., 1007.15 m. from MBM No. 5, CAD 237, Cagayan Cadastre. THENCE
1-2 2-3 3-4 4-5 5-1
N. N. N. S. S.
87 08 53 81 01
deg. deg. deg. deg. deg.
01’ 12’ 03’ 47’ 37’
W., E., E., E., W.,
15.34 8.93 2.83 12.19 9.59
m. m. m. m. m.
Area : ONE HUNDRED FORTY NINE (149) Sq. M. more or less Bearings : TRUE Description of corners : All corners are PS Cly. Conc. Mons. 15x50 cm. Original Survey/ Date of Survey : August 8-9, 1929 Subdivision Survey : Sept. 11-21, 2006 Date Approved : August 9, 2007 Geodetic Engineer : Romualdo S. Laguna xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx All sealed bids must be submitted to the undersigned on above-stated time and date. In the event Auction Sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice , posting and publication. Prospective buyers may investigate for themselves the title herein above-described and encumbrances thereon, if any there be. Cagayan de Oro City, Philippines November 4, 2014. BWM: Nov 12, 19 & 26, 2014
(Sgd.) EFREN G. MACABAYA Sheriff IV
At end-O c tob er t his year, the B OP howe ver remained in deficit on the back of “hot money” outflows brought about by the US Federal Reserve’s decision to wind down its economic stimulus, a monthly bondbuying program that released liquidity to the rest of the world, lifting emerging markets like the Philippines. Tetangco said the revision was based on expectations that the Fed would continue to normalize its monetary policy, which in the aftermath of the global financial crisis kept US interest rates at zero. “Developments since July up to the present and the dominant factors affecting the BOP are external in nature, sp e cif ica l ly t he normalization of monetary policy in the US, which has affected financial markets,” Tetangco said. “So the impact of this normalization of monetary in US has affected not only the Philippines but also other emerging markets around the world. This is not something that is peculiar to us but a phenomenon that has been observed around the world in reaction to what concedes/PAGE 7
Effective abilities a leader should possess By Felicidad B. Orong Teacher – III Baliwagan National High School
Leadership is the ability to inf luence ot hers by way of being an effective trailblazer. Being a leader is a challenging task. True, it is through a leader’s powerful influence that he could lead his members to follow him. Leader means someone who take the lead of a certain group or organization. He might also be a common person that lights a simple group without telling everyone that he is a leader. He is someone who is first
in line that everyone follows. Being a leader is like a teacher that teaches and leads a class or group of people in order for them to be better individuals. This teacher should be effective enough to transform each individual into someone useful in the society. There are leadership abilities that an effective leader possesses. An effective leader should have the ability to delegate. Delegating tasks to each
subordinate is a great help so that each person would know his specific job to perform. In addition, he should learn to trust his team especially in completing their work. A leader must remember that trusting the team is a sign of strength. Being a good communicator should also be possessed by a leader. He must be knowledgeable of the needs of his members. It is also imp or tant to know their feedbacks and insights on a certain task to be perform. Through this, the leader could memorize their personalities, making
easier for him to provide task suitable to each and everyone in the future. A leader should also have the ability to inspire others. He could do this through talking to them and sharing his ideas, plans and realizations. In this way, he is not just a leader but also light to other people, to whom they could gain information and lessons. This also makes him not just efficient but an effective leader. Being a leader takes a lot of courage and determination, for being one also means serving as a light, a trail in which others could follow.
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
wednesday|NOVEMBER 26, 2014
Plants... from page 1
to encourage more peaking plants because in the end, you cannot just rely on baseload plants. There will never be enough if there is no demand and you’re left with the peaking part hanging.” He cited the soon to be completed 300MW coal fired power plant of Aboitiz Power Corporation (APC) in Davao City as an example. “Even if the Aboitiz 300MW coal fired power plant becomes operational, not all of it will be directly injected into the grid because around 140MW has been secured by Davao Light which has not been experiencing brownouts and no urgent need for additional electricity like the cooperatives,” Petilla said. Thus even if new plants are coming in, he said this is not an assurance there would be a net addition to the capacity available to the Mindanao Grid since most of the new capacities would be tied down by bilateral contracts with industrial utilities and industries. “In the future we will need many plants across cooperatives because that is the best way to make adjustments when our demand and supply don’t match every now and then,” he said. “This will also encourage IPPs like Peakpower to set up merchant plants if they like the way the market is behaving. The 20.9MW peaking power plant was completed ahead of schedule in only 15 months by PSI, a subsidiary of Peakpower Energy Inc., a joint venture of A Brown Company, Inc. (ABCI), Enterprise Holdings Corp., WorldPower Alliance Ltd., and Power Mavens Holdings Ltd. Under a Build-OperateTransfer (BOT) agreement, PSI will supply the peaking power needs of South Cotabato II Electric Cooperative (SOCOTECO II) for 15 years
in General Santos City, the municipalities of Glan, Malapatan, Alabel, Makungon, Kiamba, Maasim and Maitum in Sarangani and Polomolok and Tupi in South Cotabato. “This means that the people of Gensan and those within the franchise area of SOCOTECOII will be able to hopefully have zero brownout this coming Christmas,” said PSI President Roel Z. Castro. Dr. Walter W. Brown, PSI Chairman, said the plant would provide 20MW of the 120MW peak load of SOCOTECO-II and committed to expand it by an additional 15MW by next year. In addition, Peakpower is rolling out an additional 5060MW in the island including a 5MW bunker fueled peaking plant in San Francisco, Agusan del Sur by next month (with an additional 5MW by next year), and another in Bukidnon with the Bukidnon Second Electric Cooperative (BUSECO). “We are currently focusing on serving cooperatives because they are the ones who need power the most,” Dr. Brown said. “We are also open to doing embedded plants for industries but our plate is full at the moment, we want to service those who need it the most. I’d like to serve the people and the coops are the groups that need our support more than any other.” Also in the pipeline is a 26MW hydroelectric baseload plant under development with partner cooperatives as offtakers through its subsidiary Hydrolink Projects which has already secured a service contract with DOE last year. “I hope we have more plants like this because this is what we really need in this area of Mindanao because our interconnection to either Leyte or Negros will not happen until 2018 at the earliest,” Petilla said. “I hope we will also have the support of the people of Mindanao for this.”
Awards... from page 1
The contest on various fields of journalism, such as Newswriting, Science Reporting, Feature Writing, Sports Writing, Photojournalism, Business Reporting, and Community Journalism have been conducted already in Malaybalay and Valencia cities. Top writers from private companies and government offices have been invited for the Government Communicators and Corporate Writers categories on Community Journalism and Business Reporting contests. High Schools and Colleges in Cagayan de Oro and Misamis Oriental are expected to field in their Top 5 student journalists in News Writing; Feature Writing, Photo Journalism, Sports Writing and Science Reporting. Thirteen Best Writer and Photojournalist awards will be given during the Awards Day at SM City Cag de Oro Activity Center on December 27, 2014. Top 5 winners for each category will also be given citation during the Awards Day. Contest for Misamis Occidental is slated on November 28. For Camiguin and Gingoog City, the schedule is set on the first week of December. Top 5 finalists from each contest category will join the Final Round on the morning of December 27, and the venue will be announced later. The members of the Board of Judges include: Business & Economy Reporting Contest -- Mr. Ariel Sebellino, executive director of the Philippine Press Institute (PPI); Atty. Eda Marie S. Agoncillo of the Department of Finance and Supreme Court; Ms. Lordelie Enjambre of the Mindanao Development Authority (MinDA). Community Journalism Contest: Dr. Hazel Jean M. Abejuela of Bukidnon State University (BSU); Dr. Wilma Magdale of PMAP/Steag and
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 16, Tangub City
Dr. Theresa Rivera of Xavier University. For News Writing Contest: Jerry Orcullo, president of the Cagayan De Oro Press Club; Mr. Ruffy Magbanua of ABrown, and Ms. Marlyn Chavez, community relations manager of Cagayan de Oro Electric Power Corp. (Cepalco). Feature Writing Contest: Mr. Meynardo A. Tero of the Rotary Club of Cagayan de Oro; Ms. Jane Montebon-Duterte, PR & Mktg.mManager of Italpinas; and Mr. Jerome Soldevilla, community relations manager of Steag State Power, Inc. Photo Journalism Contest: veteran journalist Froilan Gallardo of Nationall Union of Journalists of the Phils.; Mr. Jose Luis F. Zarraga, president of the Rotary Club of Cag. de Oro; and Ms. Elizabeth Ladaga, community relations manager of the National Grip Corp. of the Phils (NGCP). Sports Writing Contest: Dean Proculo Maslog, Pilgrim Christian College; Dean Manny Jaudian, PHINMA-COC; and Mr. Norman Makapugay, branch manager of Sterling Bank. The 2014 Northern Mindanao Journalism Excellence Awards for non-media practitioners aims to encourage students and office writers to upgrade their journalism skills and empower them to undertake effective press coverage and contribution beyond their selective spheres.
PAHIBALO SA SUBASTA ANG LA CONSOLACION PAWNSHOP AND JEWELRY SA 61 CAPISTRANO-GOMEZ ST. NING DAKBAYAN, NAGPAHIBALO NGA MOBALIGYA PINAAGI SA SUBASTA SA WALA MALUKAT NGA MGA BUTANG GIKAN SA PEBRERO HANGTUD HULYO 2012 UG ABRIL HANGTUD SA OKTUBRE 2013, SA NOBYEMBRE 28, 2014 SA ALAS 9 SA BUNTAG HANGTUD SA ALAS 5 SA HAPON SA ILANG BUHATAN.
WHEREFORE, premises considered, the Court hereby renders judgment by: 1. Recognizing the Final Decree of Dissolution of Marriage issued on July 01, 2013 by the Superior Court of California, Country of San Diego, U.S.A. in Case No. DS 46472 entitled “Gary Wayne Braxton vs. Michelle Castillon Braxton;
TRANSFER CERTIFICATE OF TITLE No. 135-2013000005
2. Declaring Michelle Y. Castillon to have the legal capacity to remarry under Philippine law; and
“A parcel of land lot 10-A, PSD-10-029342, a portion of lot 10, block 10, PSD-81519, situated in Poblacion Bonifacio, Misamis Occidental, Island of Mindanao. Bounded on the NE & SE along lines 1-2-3 by Lot 8; on the SE along line 3-4 by lot 4, both of block 10,PSD-81519; on the SW along line 4-5 by lot 1; on the NW along line 5-1 by Lot 10-B, PSD-10-029342. Containing an area of One Hundred Eighty (180) Square Meters more or less. Assessed at P 22,500.000 Tax Declaration No. 03-0001-00622. Registered in the name of the mortgagor in accordance with the provision of the Land Registration Act; this Title thereto being evidenced by Transfer Certificate of Title No. 135-2013000005 duly registered in the Land Registry of the Province of Misamis Occidental. All sealed bids must be submitted to the undersigned on the above state time, date and place of auction sale. In the event that the public auction should not take place on said date or there is only one bidder, it shall be held on January 12,2015 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrances on the herein property if any there be. November 7,2014 at Tangub City, Philippines.
FOR THE EX-OFFICIO SHERIFF:
BY:
(Sgd.) WILLIAM C. ARANIEGO Sheriff IV BWM: Nov. 12, 19 & 26, 2014
3. Ordering the Local Civil Registrar of Gingoog City and the Civil Registrar General to cancel the Certificate of Marriage between Gary Wayne Braxton and Michelle Castillo Braxton contracted on September 23, 2007 in San Diego, Califoria U.S.A.
SO ORDERED.
Done this 22nd day of October 2014 at Gingoog City, Misamis Oriental. BWM: Nov. 19, 26 & Dec. 3, 2014
is happening in advanced economies, particularly the US,” he added. Despite the revision of the full-year BOP forecast, the Philippines’ GIR would remain intact, Tetangco said, citing the strong current account, propped up by remittances and earnings of the business process outsourcing (BPO) sector. In this regard, the BSP revised upward its current account forecast to a $6.6 billion surplus from the earlier estimate of $6 billion made in July. The new forecast is equivalent to 2.2 percent of the country’s gross domestic product (GDP), up from 2 percent under the earlier forecast. “Based on the assessment of impact of latest developments, we believe that the current account will show a surplus which is higher than the forecast or the projection that we issues in July because of the smaller trade deficit given that imports have increased slower than earlier projected,” Tetangco said. Philippine economic managers during the middle of the year raised their forecast for imports growth to 9 percent from the earlier estimate of 6 percent. Under the latest
AUCTION NOTICE LA CONSOLACION PAWNSHOP AND JEWELRY AT CAPISTRANO-GOMEZ STREET, CAGAYAN DE ORO WILL CONDUCT AN AUCTION SALE OF ALL UNREDEEMED ARTICLES FROM FEBRUARY TO JULY 2012 AND APRIL TO OCTOBER 2013 ON NOVEMBER 28, 2014 AT 9:00 AM TO 5:00 PM AT THE ABOVE ADDRESS.
NOTICE OF EXTRA-JUDICIAL SALE EJF-2014-007 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City, INC., Ozamiz Branch against Bebinda S. Palahang to satisfy the mortgage indebtedness which as of November 7,2014 amounts to Two Hundred Thousand Pesos Only (Php. 200,000.00) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on January 7,2015 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:
from page 6
LA CONSOLACION PAWNSHOP AND JEWELRY 61 CAPISTRANO-GOMEZ STREETS CAGAYAN DE ORO CITY
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Gingoog City
OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF
Concedes...
(Sgd,) MIRABEAUS A. UNDALOK Presiding Judge
7
revision, imports are now expected to grow at a slower 5 percent after increasing by only 4 percent in the first eight months of this year. The exports target likewise was cut to 2 percent from the earlier forecast of 6 percent, as year-to-date growth . In contract, the forecast for remittances was increased to 5.5 percent from 5 percent earlier. “Structural flows continue to be strong as seen in the current account. What is being affected is the capital account because of the reaction of asset managers and foreign funds to policy decisions in the advanced economies particularly the Fed. Structurally, the external accounts continue to be sound,” Tetangco said. DEED OF EXTRA-JUDICIAL SETTLEMENT OF PORTION OF ESTATE WITH SALE Notice is hereby given that the intestate estate of the late AVELINO ANABISO, who died intestate on June 7, 1982 at the Northern Mindanao Regional Hospital in Cagayan de Oro City, and upon his death together with his deceased wife Mercuria Anabiso who died on July 21, 2010, have left a parcel of land which have inherited by the herein Surviving legitimate heirs, and more particularly described as follows, to wit: “A PARCEL OF LAND situated at Poblacion, Libertad, Misamis Oriental , containing an area of 411 square meters, more or less, under Lot No. 46; covered by Tax Declaration No. 20-000100294 in the name of Avelino Anabiso. That Avelino Anabiso upon his death left no known debt or obligation whatsoever; That the surviving legitimate heirs have mutually agree as all of them hereby agreed to settle portion of the above-described parcel of land unto and in favor of the VENDEE, and said portion of land sold shall be described and bounded as follows, to wit: Containing an area of 168 square meters, more or less; That Articles 1621 to 1623 of the NEW Civil Code has been complied with. is the subject of DEED OF EXTRA-JUDICIAL SETTLEMENT OF PORTION OF ESTATE WITH SALE under the notary public of Atty. DAMASO P. TUBELLEJA, As per Doc. No. 4350; Page No.70; Book No. X; Series of 2014.
BWM: Nov. 26, 2014
BWM: Nov. 19, 26 & Dec. 3, 2014
Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch-20 Cagayan de Oro City IN THE MATTER OF CORRECTION OF ENTRY IN THE RECORDS OF BIRTH OF SHERYL KAY BALAMAN DENOPOL IN THE LOCAL CIVIL REGISTRY OF CAGAYAN DE ORO CITY,
SPL. PROC. CASE NO. 2014-086
SHERYL KAY ZAGADO BALAMAN-DENOPOL Represented by ELVIRA ZAGADO-BALAMAN, Petitioners, -versusTHE LOCAL CIVIL REGISTRAR CAGAYAN DE ORO CITY, Respondents. x--------------------------------------------------------------/ ORDER This is a petition for correction of entries in the record of Birth of Sheryl kay Balaman Denopol, relative on entries no. 23 from “legitimate” to “legitimated” and no. 24 on the date of marriage of her parents from ‘’August 27, 1981” to “September 15, 1984” in her Certificate of Live Birth, and finding the same to be in proper form and substance, the same is hereby set for initial hearing on December 3, 2014 at 8;30 o’clock in the morning before this court at the Hall of Justice, Cagayan de Oro City. Let copy of this order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and the City of Cagayan de Oro after a raffle to be conducted by the Office of the Executive Judge. The Local Civil Registrar of Cagayan de Oro City or any person having or claiming any interest under the entry whose cancellation or correction is sought may, within (15) days from the notice of petition, or from the last date of publication of such notice, file his opposition thereto. Furnish the Office of the Solicitor General and the City Prosecutor copy of this order and the petition for their information and guidance. SO ORDERED. Done this 9th day of October, 2014, at Cagayan de Oro City. (Sgd.) BONIFACIO M. MACABAYA Presiding Judge BWM: Nov. 19, 26 & Dec. 3, 2014
BusinessWeek MINDANAO
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?
THE BUSINESSMEN’S NEWSPAPER 2013 PPI’S BEST IN BUSINESS AND ECONOMIC REPORTING
Volume V, No. 73
www.businessweekmindanao.com
Wednesday | November 26, 2014
P15.00
Guela Raagas Ampong: A Modern Era Maranao Designer and Princess Annie Raga Nadia-Royal Model By JOE PALABAO
G
uela Raagas Ampong is one of the most promising young designers in Cagayan de Oro City and in the Region today. His ingenuity and brilliant mind in designing catapults him as A MODERN ERA MARANAO DESIGNER of our times. His Royalty Collections and beautiful designs are sought after by the royal families of the Maranao society. His designs are so unique, quaint and majestic which exudes beauty, sophistication and elegance that befits the Maranao culture and traditions are still being preserved. His Modern Era Maranao creations and designs are glorious with an aura of majestic magnificence that befits their being royal in the upper echelon of their rich society. His creations entail intricate sophistication with a touch of traditional Maranao designs. His model, the beautiful and well educated Maranao Princess Annie Raga Nadia looks
so elegant, the beauty of his design is a red carpet head turner which is beyond the capacity of human describing. Guela creates sophisticated Maranao royal wedding gowns and suits which are so unique that everyone is mesmerized by its beauty and elegance. He uses traditional Maranao high end fabrics, with crystals, stones and laces embellishments. He uses his imaginative mind and makes a dramatic touch and look in all his creations. He maintains the power of his couture using stretchable materials and treats each design with sculpting and draping techniques which makes his creations so unique in the Maranao fashion industry. Body shapes of his models are his number one priorities that he wanted to achieve when the models wear his beautiful and elegant creations. Each model he dresses is transformed into live mannequins and the audience at the catwalk can’t help but admire the beauty and
elegance of his designs. Guela Raagas Ampong original Islamic and Ramadhan Special Wedding Collections exude beauty, with a touch of drama, elegance and sophistication that when worn by the beautiful Maranao brides and handsome grooms they are transformed into princesses and princes coming from the upper echelon of the Maranao society. He studied at the Fashion Institute of the Philippines in Manila-the best fashion school in the country today. He is a fashion instructor, fashion designer and couturier of the Fashion Institute of the Philippines, Cagayan de Oro Branch. He honed his talent in his actual work and has produced fashion
shows that are red carpet head turner. As a Maranao Classic Fashion Designer of the Modern Era, he will soon open his Fashion Shop Boutique at the heart of Marawi City. Princesses and Princes of the Maranao royal families will have a real touch of his modern designs according to the Maranao genre but its culture and traditional fashion designs are still being preserved. Along with the great and glorious creations of the best designers of the region, his beautiful, elegant, sophisticated and red carpet head turner creations earmarks CAGAYAN DE ORO CITY as the FASHION CAPITAL OF MINDANAO today. MABUHAY KA GUELA RAAGAS AMPONG-A MODERN ERA MARANAO DESIGNER!!!
BusinessWeek MINDANAO THE BUSINESSMEN’S NEWSPAPER 2013 ppi’S BeSt in BuSineSS and economic RepoRting
WEDnESDay | nOVEMBER 26, 2014
The Night Stalker:
Parasat Cable TV MAIN OFFICE (088) 857-2662 (08822) 72-6112 Cruz Taal St., Divisoria (088) 857-3837 (08822) 72-1655
B1
editor: Shaun aLEjanDRaE yap uy
A Legend Returns to Cagayan de Oro: ALAVAR’s SEAFOODS & GRILL A lmost twenty years after it first opened its doors to the public in Cagayan de Oro, a legendary restaurant from Zamboanga City has returned to the City of Golden Friendship. Alavar’s Seafood and Grill has returned, albeit with another slightly different name, but nevertheless with the signature Alavar Sauce and Bagoong still enhancing its simple yet delectable menu of the bounties of the sea. Originally started in their residence in Guiwan, Zamboanga City by siblings Miguel “Jun” and Teresita “Tessie” Alavar in 1975, it was originally named “Barrio Fiesta” and did not yet carry its signature seafood menu. In 1978, still sporting its original name, it moved to a newer and swankier venue at the Catis’ residence
along Zamboanga’s iconic CawaCawa Boulevard and it was here that the Alavar Seafood House had its first incarnation, along with its signature seafood menu spiced by Alavar Sauce and Bagoong Gata. In 1983, Tessie moved to Cebu where she opened a new restaurant dubbed “Alavar’s Seafood & Grill” which carried a crab icon as differentiated from the Jun Alavar branch of the budding chain which displayed the fish icon and “Alavar Seafood House” name. Jun set up two branches in Manila along Jupiter Street, Makti and West Triangle along Timog Avenue in Quezon City managed by his children Marissa, Bebet, Cocoy, Menchit and Dondon while Tessie and daughters Marites Sangciangko-Uy and Ria Ledesma set up shop first in Archbishop Reyes Street, later moving
Zamboanga Curacha swimming in Alavar Sauce. To taste is to believe. to Gorordo Avenue and thence to Lahug. In 1994, Jun’s daughter Cocoy Alvarez and her husband Vincent set up the first incarnation of the “Alavar Seafood House” along Don A. Velez St. (now the site of the Generic Pharmacy bodega) near Gen. A. Luna street. Meantime, Menchit set up another branch in Davao City just across Victoria Plaza. Menchit and Cocoy were both friends in Zamboanga from way back, we all went to Ateneo de Zamboanga University and me and my family often
enjoyed a taste of home practically next door to our then apartment along A. Luna St. Our favorite was “Alavar Seafood Rice” for only P50 which served you a plate full of rice a la Arroz Valenciana with squid, fish and other bits of seafood. I also managed to drop by Menchit’s place in Davao when I was visiting and had some grand times there with our compoblanos Edmond and Jackie Bernardo.
aLaVaR’S | Page B2
Baked Tahong in Alavar Bagoong
Crispy Shrimps
Crabs in Alavar Sauce, for those who prefer the local crustaceans Mangoes with the legendary Alavar’s Bagoong
Photos by Shaun uy
BusinessWeek MINDANAO
Feature
BEST IN BUSINESS ANd EcoNoMIc REPoRTINg
B2
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
PhIlIPPINE PrEss INsTITuTE Civic Journalism Community Press Awards 2013
WEDNESDAY | NOVEMBER 26, 2014
The Night Stalker:
Cary Santiago marks 25 with Ayala Malls
C
ary Santiago is celebrating his 25th year in the fashion industry with a traveling exhibit till December 19th at Ayala Malls around the country. The collection highlights the distinct Filipino artistry and extraordinary craftsmanship of the country’s fashion powerhouse at the country’s premier lifestyle destination. The exhibit opened at Centrio Mall on November 24 till the 27th at the Activity Center where 15 signature Cary Santiago masterpieces are on display. Cary Santiago’s journey started in Cebu during his childhood days. Growing up in a military base where his father was a soldier and his mother the community’s seamstress, Cary started drawing dress patterns at the tender age of seven. At 15, he was hired to sketch for a ready-to-wear company in the province, and at 23, he started his own business in a tiny rented room. Cary honed his craft when he went to the Middle East and worked for an Arab couture house where he quickly became the head designer. In 2004, he decided to
come home and participate in the Philippine Fashion and Design Competition. Bagging the grand prize fully opened doors for him in the fashion industry and he instantly became the talk of the town. Known for intricate designs and masterful craftsmanship, Cary’s inspirations are ignited by his passion for history, arts and culture, which was also influenced by his father who used amassed a library of Reader’s Digest magazines at their home. To date, Cary Santiago is heralded as the Master of Philippine Couture and is the favorite designer of many powerful women such as Kris Aquino, Charo Santos-Concio, Dawn Zulueta snf international stars Katy Perry and Tyra Banks. Celebrate Cary’s success and Cebu’s genuine talent at the premier destination for shopping, dining and entertainment. For the latest updates, like Centrio on Facebook at www. facebook.com/Centrio or follow @AyalaCentrio on Twitter and @ilovecentrio on Instagram.
LuGGaGE from Page B4... Briggs & Riley is proud of the various technologies that it continues to apply to its functional and suave array of travel bags and accessories. For stronger bags, the brand has responded to this need through frame configuration and being more selective with the materials that they use. Aside from these features, Briggs & Riley also gives customers the
aLaVaR’S from Page B1... However, the Velez restaurant closed shop after two years when the couple moved to the U.S. and the Davao branch followed suit when Menchit also left for the US. Our family had to content ourselves with Alavar’s Bagoong Gata which we could buy from compoblano Manny Aliñaon’s “La Ilongga” restaurant and the occasional Alavar Sauce I managed to buy from “Alavar’s Seafood House” in Tetuan (now managed by my college classmate Marissa “Bibing” Alfaro) in one of my rare trips “back home.” Meantime, Tessie and Ria moved to Iligan in the 1990s
capability of maximizing their bag's packing capacity without foregoing the airline's carryon requirements. Through its Baseline CX luggage, the brand has been able to offer smart travelers with its expansioncompression luggage. Meanwhile, the SpeedThruTM technology helps keep one's valuables more secure as it is an easily-accessible pocket which keep personal items safe. Its strong commitment to its customers and retailers prompts
and opened another restaurant there which operated until a few years ago when Tess decided to close shop and join Ria in Cagayan de Oro who is now the mall manager of Limketkai Mall. Fortunately for us compoblanos and addicts of the Alavar Sauce and Bagoong Gata, another opportunity offered itself when a space in Buena Oro, Aluba, Macasandig belonging to a friend of Tessie now residing in the US became available. In September 8 this year, the latest incarnation of Alavar’s Seafood and Grill opened to the public. So what makes the Alavar marquee so special? The famous Alavar sauce and Bagoong Gata, that’s what! Used generously with its
Briggs & Riley to continue putting its focus on enhancing its core products, which are also luxurious and refined at the same time. Thus, the brand has grown to become the brand of choice of elite travelers worldwide. This is why Briggs & Riley is a perfect fit for the Philippine market, thanks to the growing number of travelers looking for sleek, sophisticated, and smart travel luggage, bags and accessories. Briggs & Riley is exclusively
signature crustaceans like crabs, shrimps and the flagship curacha (spanner crab) from Zamboanga, these are best eaten ‘mano-mano’ (kamayan) to savor the nuances of flavor the interaction of crab, shrimp and curacha meat with the sauce brings forth. At present, curacha (depending on the price from Zamboanga and the weight) would cost you PhP480 for 500 grams which is good for four people. Shrimps and crabs are sourced locally and cost P360-380/500 gms. Spiced with the Alavar Sauce and Bagoong Gata, these crustaceans are magically transformed to an otherworldly experience which brings back patrons back again and again for another bite. Also highly recommended
distributed in the Philippines by the Primer Group of Companies and is available at The Travel Club Alabang Town Center, The Travel Club Glorietta 4, The Travel Club Greenbelt 3, The Travel Club Newport, The Travel Club Powerplant Mall, The Travel Club Shangrila, The Travel Club SM Mall of Asia, The Travel Club SM Megamall, The Travel Club Ayala Cebu, The Travel Club Abreeza Mall and The Travel Club TriNoma.
are the baked clams or tahong whose delicate flavors are brought out when enhanced with garlic and the famous Alavar Bagoong Gata. Other appetizers include green mango with Alavar Bagoong, kinilaw and crispy shrimps. For those Bisdaks who cannot start any meal without soup, try their clam and pochero soups. Other specialties include crispy pata, tangigue (ala pobre, grilled or fried); boneless bangus (ala pobre, grilled), squid inihaw, pork inihaw, pork spareribs and lechon kawali. The spartan menu also lists Adobong Kangkong and Bicol Express while giving the diner a choice of plain, garlic or the iconic Alavar Rice. For those who wish
to extend their gustatory experience to their kitchens, you can buy Alavar Sauce in half kilo packs for only P175 and Alavar Bagoong Gata for only P90 per bottle. For those who find Macasandig a tad far, these two items can also be bought at the Pasalubong Center at the East Wing of Limketkai Mall. Already, Tessie’s old customers from Iligan have gotten wind of the new establishment and are coming all the way from there to once more experience the incomparable taste of the crustaceans. Alavar’s Seafood and Grill is open from 9:30am-2:00pm, 5:30-10pm Mondays to Saturdays. All major credit cards are accepted.
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
BusinessWeek MINDANAO BEST IN BUSINESS ANd EcoNoMIc REPoRTINg
PhIlIPPINE PrEss INsTITuTE Civic Journalism Community Press Awards 2013
WEDNESDAY | NOVEMBER 26, 2014
B3
VIBE
BusinessWeek MINDANAO WEDnESDay | nOVEMBER 26, 2014
editor: Shaun aLEjanDRaE yap uy
a premium luggage brand for discerning travelers LIFETIME performance guarantee - this is how Briggs & Riley likes to describe its brand philosophy. Embodying such energy and philosophy, the brand applies it to the different aspects of its core business. With an understanding that different
B4
travelers have different needs, the brand explores various ways to make its products better suited for its clients. In the business of developing and manufacturing "intelligent bags", LuGGaGE | Page B2
BR Baseline Large Weekender Olive
BR Baseline Commuter Expandable Upright Black
CONGRATULATIONS! RONALD B. MASTAIL for winning 3rd Place and People’s Choice Award in the National Digital Arts Awards 2014 Motion Graphics Competition (Professional Category) from