BusinessWeek MINDANAO
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Volume VI, No. 068
Market Indicators
As of 6:34 pm November 26, 2015 (thursday)
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Local power coops seek 155MW deal with Alsons www.businessweekmindanao.com
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By ROEL CATOTO, MindaNews
URIGAO City -- Electric cooperatives in Mindanao want to corner energy supplied by two diesel power plants of the Alcantara-owned Alsons Consolidated Resources, Inc., whose 18-year contract to supply power to National Power CorporationPower S e ctor Ass ets and L iabi lities Management Corporation. (NPC-PSALM) is about to end.
WHILE milk and cream products consistently get into the top 5 agricultural imports in the past five years, National Dairy Authority (NDA) Deputy Administrator Naomi k. Torreta urged investors to consider dairy farming industry while it offers a wider market. Local producers now capture a growing share of liquid milk market that grew at an annual average of seven percent in the last five years (2010-2014), compared to only five percent annual average growth of imported liquid milk. Torreta said local milk sufficiency has been stable for the past five years, and share of local liquid milk has significantly increased to one-third (1/3) of the total liquid milk demand from mere one-fourth (1/4) level in 2010.
Engr. Narciso I. Caliao Jr., general manager of Surigao del Norte Electric Cooperative, In c . , t o l d M i n d a Ne w s
Thursday that members of the Association of Mindanao Rural Electric Cooperatives, Inc. (AMRECO) met in
Cagayan de Oro City Tuesday to discuss their planned deal with Alsons, whose two power plants in Mindanao generates a total of 155 megawatts. AMRECO is the umbrella organization of 33 electric cooperatives in Mindanao. Alsons’ Western Mindanao Power Corporation (WMPC) has a 100-megawatt plant located in Sangali, Zamboanga City. Its contract with NPCSALM will expire next month. On t he ot her hand, the 55MW plant of the power/PAGE 11
4 coal-fired power plants to be commissioned in 2016 By ANTONIO L. COLINA IV, MindaNews
‘Noche Buena’ products The Department of Trade and Industry (DTI) is now closely monitoring the prices and supplies of products in view of the coming onset of the Christmas season, a DTI official said Thursday. Ma. Eloisa Pabillore of the DTI in Northern Mindanao, said that the department is especially monitoring prices of “Noche Buena” products, which have started to proliferate in the local market. Pabillore identified some of these Noche Buena products as ham, fruit cocktail, cheese, sandwich spread, mayonnaise, keso de bola, pasta, spaghetti, elbow and salad macaroni, spaghetti sauce, tomato sauce, and cream.
2014 ppi’S Best in ENVIRONMENTAL Reporting
DAVAO City — Four units of coal-fired power plants with a combined power capacity of 550 megawatts will be connected to the Mindanao grid in the first half of 2016, an energy official said. TAGUM’S GIANT CHRISTMAS TREE. Thousands of residents and tourists have been flocking to the Freedom Park in Tagum City since November 16 to take photos of or selfies with the 105-ft. Giant Holiday Tree, lit up by 1,450 sets of rice bulbs and 3,786 sets of LED flexy lights. Mayor Allan Rellon describes it as the city’s “symbol of hope and unity.” MindaNews photo courtesy of SES DESESTO / MinDA
The move intends to cushion the impact of El Nino that will affect the capacity of the Agus and Pulangui hydropower complexes that supply 55 percent of Mindanao’s energy
requirements, said Noriel Christopher Reyes, science research specialist II at the Department of Energy’s Electric Power Industr y Management Bureau. Reyes spoke during a forum on the Mindanao plants/PAGE 11
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Economy
requiring one bldg permit Solon wants implementation of law Ordinance per subdivision model unit sought vs use of thermal paper for receipts
C
AGAYAN de Oro City Councilor in her special report during the regular session Monday pushed for the implementation of the
law prohibiting the use of thermal paper by establishments as official re c e i pt s of pu rc h a s e d items. Councilor Annie Daba
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stressed that paper receipts using thermal paper can be erased in a very short period. “Nakorat nalang ako nga dili naman mabasa after a week (I was shocked it isn’t readable anymore after a week),” Daba said. “Even those issued to us when we use credit cards or ATM cards as evidence of our transactions as owner’s c opy, s om e are h ard l y readable,” she added. The lady councilor cited that Revenue Regulation (RR) No. 10 dated September 21, 2015 issued by the Department of Finance (DOF), orders all business establishments and individual taxpayers not to use thermal paper in
THE Cagayan de Oro City C ou nc i l c om m itte e on subdivision and landed estate in Cagayan de Oro is slated to convene on November 27, 2015 at the City Council Session Hall. Councilor Alexander Dacer, chair of the committee, will lead the discussions on the resolution of the City Housing B oard for the passage of an ordinance requiring the issuance of one building permit per model unit to all subdivision projects public or private entity with housing components with duly approved development permits and subdivision plan by the Sangguniang Panlungsod. It may be recalled that the committee endorsed the resolution to the City Planning and Development Office (CPDO) for comments
issuing receipt to preserve their book of accounts and other accounting records for a period of 10 years. As this developed, councilor Daba appealed that the instructions from DOF be strictly implemented by the Bureau of Internal Revenue (BIR) and business establishments must abide by this regulation. The report of councilor Daba was referred to the committee on trade, commerce and cooperatives chaired by Councilor Edna Dahino to further dis c uss t he pro ce dures and t he compliance on the use of non thermal paper as official receipts in establishments in the city. (ELB/CdeOSP)
and recommendations. Based on the letter of the CPDO, it is the policy of the government to encourage and promote low-cost housing projects to respond to the housing needs of the masses ensuring that the minimum requirement for sale, sanitary an d hu m an e h abit abl e conditions are observed in the housing development projects. The CPDO also recommended the approval of the resolution considering t he cl amor of housing project developers for the integration and coordination of permit processing system and procedures governing housing projects. Also to be tackled is the request of the Melecia Homes and Residents Association (MHRA) in Barangay ordinance/PAGE 11
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Plan in Hand
T
Opinion
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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER
hink a minute…Can you imagine an engineer building a tall skyscraper without a plan? Someone said: “If you fail to plan, you plan to fail.” Success is no accident! It doesn’t just magically happen. You have to plan for it to happen. As one guy put it: “You must plan for a great future. After all, you have to spend the rest of your life there.” We must have some kind of plan of what we want and how we’ll get it. You see, if you shoot for nothing you’ll hit it every time! A wise person said: “If you’ve accomplished everything you’ve planned in life, then you’ve probably not planned enough. You’re getting too old when all your dreams are reruns.” The very successful head of the Chrysler Automobile Corporation, Lee Iacocca, used to ask his workers: “What do you want to do? What do you want to be? What do you want to have? Where do you want to go? How do you plan to get there? Write it down. Now go do it. It doesn’t get any simpler or better than that.” So why not start living your life on purpose? First dream it, then do it. They say that 1 hour of planning will
THINK
A Minute
Jhan Tiafau Hurst save you 3 hours of wasted time and work. With a plan, your work is working for you! Your plan will keep you in control of your life, moving ahead toward your goal of success and happiness. But after you plan your work, you have to work your plan. Discipline is what brings your dreams into real life. A dream with no discipline will just remain a dream, and a plan without work will be a plan that won’t work. So today, why not ask the One Who designed the plan for your success to take full charge of your life. Jesus also has the power you need to make that plan start working for you. With His plan in hand, you’ll go all the way to the life He wants you and your family to enjoy. Just Think a Minute…
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Bad Days
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ell , o n e o f m y expatriate friends here in the Philippines admired the “Five Tibetans Monks”. I mean - not the personalities... . Every morning, my friend does these exercises entitled “Five Tibetans Monks”. Since my friend started with that, he hasn’t become sick any more. He also felt mentally balanced. I can’t guarantee it. He kept on swearing it to me. Another (German) friend, meanwhile 75 years “young” can’t enjoy his breakfast without first jogging for an hour or even more starting at 5 a.m. If he’s not able to practice it, he becomes moody, intolerable, aggressive and frustrated. Bad days...! Others have to swim three times a day. Good for those, who have a swimming pool or live near a beach or sea shore. I love a glass of red wine (don’t get me wrong: I said ONE glass!), a good book (what ever that means for you,
my dear reader!), and relaxing (old!) classical music. So, each one of us is looking for his or her special ways on being comfortable. But, some of our dear fellow creatures can’t really get some peace. They heave a sigh and utter a groan all day long! The Five Tibetans Monks have been blurred. Jogging is unhealthy; green tea is putting out and forces ill-feeling; swimming in a pool supports logical ring worms! Heaven forbid! I’m sure, my red wine is never digestible and instead reading a good book while listening relaxing music weigh heavily upon our minds. A couple of years ago I met an expatriate who loved to swing a pendulum to and fro. Billy occupied himself with astrology and the esoteric. I will never forget one of his first questions regarding my birth time. He warned me immediately: “Days followed
by full moon periods are very bad for you!” This was something new for me. To be honest, I really don’t care about such stuff. Sorry! I messed up with Billy. Sayang! He was a really good friend. I travelled a lot. I stayed in more then 60 countries. I experienced in some Western countries, that travel agencies recommended trips to Mexico for “Leos” or to Turkey for “Capricorns”. I went to both countries and didn’t feel anything wrong or bad. I estimated roughly, which dramatic mis-judgements, accidents, and sickness outbreaks or losses have happened in my life during days followed by full moon periods. What day is today? I always write most of my columns for this daily and my websites on Saturdays. It’s really a great day. Joking apart: allow me to quote Th. Campell (Lochiel’s Warning), “Coming events cast their
H ave M y Say
Klaus Doring
shadows before”. Bad days for most all places on this globe and its people right now. “Mourning becomes Elektra!” - as E.O. Neill entitled his drama stage play... .But, we should never stop praying for peace! +++ Comments, suggestions, questions? Email me: doringklaus@gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com .
Filipinos, a disgraced nation
L
IFE’S INSPIRATIONS: “… Put to death, therefore, whatever belongs to your e ar t h ly n atu re : s e x u a l immorality, impurity, lust, evil desires and greed, which is idolatry. Because of these, the wrath of God is coming…” (Colossians 3:5-6, the Holy Bible). -ooo FILIPINOS, A DISGRACED NATION: There is no denying the truth that Filipinos are now a totally disgraced people with the series of shameful scandals that have hounded them, at least for the last five years under the Aquino government. The latest proof of this disgrace is the persistent violation of prison laws. Imagine, men and women supposedly undergoing punishment at the national penitentiary are instead t re ate d l i ke t h e y ve r y
important personalities! In fact, many of them live like they were kings and queens, complete with enjoyment coming from drugs and wine, with merrymaking instruments and other high-tech gadgets and communication equipment, all under the very noses of prison officials who have become their protectors. -ooo SCANDALS SHAME AND DISGRACE FILIPINOS: And, predictably, after this was exposed, there is the all-too familiar but already-heard talk that remedial measures are being put in place to stop this disgrace, like the installation of closed circuit TV cameras and high nets around the prison walls. Also, there is talk that prison guards and officials would be suspended or removed, especially those who are known to have
developed a disturbing fraternizing attitude with inmates, for one reason or another which, many suspect, had something to do with financial considerations. But even if this is already highly scandalous, not only among righteous Filipinos but more so among other citizens of the world who can only shake their heads in disgust at the seeming proclivity of our people towards sinfulness, there are far more graver scandals that have also shamed and disgraced all of us as a people, everything of which were predicted to happen by the Bible. -ooo MANY FILIPINOS NO LONGER WITH GOD: How have many Filipinos become so comfortable now with shaming themselves by clear acts of corruption, graft, theft, robbery, and a clear addiction
K akampi
Mo A ng Batas
Atty. Batas Mauricio to power, compelling them to do many despicable things just to perpetuate themselves in their elected positions? The only reason I can think of is this: Filipinos are no longer with God, and are, therefore, by force of consequence, under the spell of God’s enemy, the evil one. While many of our countrymen still profess to be Christians or believers in (or batas/PAGE 11
In the company of saints and angels
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e should be most aware of this reality offered by our Christian faith, and take advantage of it as much as we can. If we follow our faith, we know that we are all in communion, forming one body, one family, one people in Christ. It is Christ, with his redemptive work for us, that makes this thing happen. Distance, death and whatever differences we have actually do not take away our communion with one another. In fact, if we use our faith in tackling these situations, they can only heighten our sense of communion. This communion involves everyone in the whole creation of God, and especially those who already are in heaven, i.e., the saints,
and even the angels. We are even in communion also with those souls who are still purifying themselves in purgatory. We need to process this truth of our faith slowly and constantly, so that it would sink into our very own consciousness and serve as a guiding principle in our life, giving shape and direction to the way we think, understand, see and react to things. In this way, we avoid being simply at the mercy of our own estimation of things which, even if they can be very brilliant and incisive, would never reach the ultimate and mysterious dimensions of the reality proper to us. In this way, our thoughts, desires and everything else in our life would assume
a spiritual character and a supernatural tone proper to us as image and likeness of God, children of his through Christ. We somehow would know how not to be completely carried away by merely material and earthly values, even if they do have their legitimate role to play in our life. An abiding sense of confidence and security would be with us if we are truly aware of the fact that we are in the company of saints and angels. When temptations come and when our weaknesses start to stir up, we somehow would know how to handle them, how to resist them. We would never feel alone, abandoned, at our wits’ end, and left to our own devices. Being aware of their
HINTS
and
Traces
Fr. Roy Cimagala company would remind, edify and inspire us of their goodness, their generosity and heroism, and all their virtues like fortitude, spirit of sacrifice, their fidelity even in the face of martyrdom, poverty, obedience, chastity, etc. They are actually like well-lit and well-paved paths cimagala/PAGE 11
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CorporateWorld
fri-sat|November 27-28, 2015
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Jollibee eyes more acquisitions to become top 5 in the world
J
OLLIBEE FOODS Corp. (JFC) is eyeing one or two more huge foreign acquisitions, in its bid to become one of the top five biggest quick-service restaurant (QSR) companies in the world. On t he sidelines of t h e c omp a ny ’s s p e c i a l stockholders’ meeting, JFC Chief Finance Officer Ysmael V. Baysa said the homegrown fast fo o d b ehemot h -considered Asia’s most valuable restaurant chain -- is now the ninth biggest QSR firm in the world in terms
of market capitalization and it has a “reasonable chance” of rising to the seventh spot by 2020. McDonald’s Corp. is currently the world’s most valuable QSR firm, according to the list compiled by JFC. “We may need one or two more acquisitions to help bring us closer to number five,” Mr. Baysa said. JFC Chairman Tony Tan Caktiong said these target companies may have the same size or can even be bigger than the nearly $100-million price tag of Denver-based burger
chain Smashburger, which the company purchased last month. Smashburger was Jollibee’s biggest acquisition to date. “We’re also looking at start-ups. Of course, it does not help in terms of the ranking, but it will give us the sense of entrepreneurship in the organization,” Mr. Tan Caktiong said. Aside from acquisitions, JFC has to grow faster than its compounded annual growth rate (CAGR) of 16% from 2010 to 2014 to reach its jollibee/PAGE 9
THE Philippines’ leading carrier Cebu Pacific Air is slated to launch a fourtimes-weekly service between Manila and Guam on March 15, 2016. Guam is the airline’s first US destination. CEB will be the only lowcost carrier flying direct between the Philippines and Guam. This expansion, the airline said in a news release, will see its offering its trademark low fares to the
sizeable Filipino community in Guam, or about 26% of the island’s population*. “Having Guam in our network sets us off on another expansion path across the Pacific. With the launch of Guam, we offer fares that are up to 83% lower than other airlines. Fares this low can only mean more tourists to both countries, more Filipinos visiting home, and more opportunities for
everyone,” said CEB President and CEO Lance Gokongwei. Recent data show that the Manila – Guam route is relatively underserved, compared to other destinations with smaller Filipino populations. There are approximately 5,900 weekly seats currently available between Manila and Guam. CEB’s entry into the market adds 1,440 weekly seats to this pool, boosting
Telecom turns to Huawei Cebu Pacific announces first US destination Globe anew for mobile network
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air traffic between the two countries further. CEB kicked off the Guam route announcement with P2,500 all-in seats, available until November 29, 2015 or until seats last. These are for travel from March 15 to November 30, 2016.After the seat sale, CEB all-in fares to Guam start from P7,197, which is still up to 40% lower compared to other airlines. cebupac/PAGE 11
upgrade ahead of Telstra entry GLOBE Telecom and Huawei Technologies have sealed a five-year partnership to further upgrade Globe’s mobile network, as the local telecom sector awaits a reported investment by Australia’s Telstra Corp. in a wireless joint venture with San Miguel Corp. The Ayala-led telco said
the deal with Huawei entails creating a “mobile innovation center” to yield innovative products and solutions that Globe deems necessary to keep its competitive edge in the local telecom sector. Globe, according to Globe president and chief executive Ernest Cu, is committed to globe/PAGE 9
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A griBusiness 6 PH plans to reduce add’l rice imports for 2016 2013 ppi’S Best in Business and Economic Reporting
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HE government plans to reduce the additional volume of rice imports below 1.3 million metric tons (MT) for the first half of 2016 amid improving rice production. National Economic and Development Authority (NEDA) Director General Arsenio Balisacan said the cost of imported rice will reach around Php21 billion, lower than earlier estimate of Php23 billion. “…It turned out that with
(typhoon) ‘Lando’, you have more rains filling up the dams so we have more water than what we initially expected. Obviously, that would reduce the cost of interventions,” he told reporters on Thursday. Strong typhoon ‘Lando’ struck extreme northern Luzon last month. The additional volume of rice imports are meant to boost buffer stocks and keep local prices stable as the adverse effect of El Niño continues to intensify.
“For food security reason, we need to be keeping stocks that would last for 90 days,” Balisacan said. Citing the weather bureau, the NEDA chief said El Niño would peak in March next year and was expected to last by April or May. “These are still moving numbers. As we get more data especially these droughts and dry spells, (these) kept changing because of changes in weather. We keep on monitoring,” Balisacan said.
For 2016, the country has already an approved provision of 500,000 MT of rice for the first quarter. “What was already ordered was already there. But the additional (volume), we are revisiting that. That it will likely be going to be scaled down because of the better data that PSA (Philippine Statistics Authority) released… The expected production in the first half of the year is better than we initially estimated,” he added. (PNA)
FOR THE INDIGENOUS PEOPLES’ EDUCATION – VICE GOVERNOR JOEY G. PELAEZ joins the Department of Education– Misamis Oriental Division thru Dr. FERMINA M. LABIS (IPEd Focal Person), in commemorating the Indigenous Peoples’ Month and the 1st Higaonon Indigenous Peoples Grand Celebration at Balingasag North Central School, Balingasag, Misamis Oriental. In his message, Vice Governor Pelaez emphasized the importance of educating our indigenous peoples to uplift and improve their lives, yet, preserving their customs and traditions to enrich our Filipino culture. The activity was attended by the different district supervisors and the datus and baes of the indigenous communities of the Province. photo supplied
Canadian expert cites significant role of GM crops to ASEAN food security AMID the many challenges being confronted by ASEAN nations concerning food security especially in the face of climate change, a Canadian expert on Wednesday said that agriculture biotechnology would play a key role in the sustainable production of the region’s food supply. D r. H a r v e y G l i c k , Regulator y, Polic y and Scientific Affairs Director for Asia of biotech giant Monsanto, said the use of genetically modified (GM) crops squarely addresses the issue of food security because it increases production of crops. “The challenges of food security in the ASEAN are very clear: the population is growing and the demand for food is growing very quickly even as arable land becomes smaller every year. In fact, population is growing faster than the production of food crops,” he said during a briefing at the Sulo Hotel in Quezon City. “Far mers have b e en requesting scientists to develop high-yielding crop hybrids that are also resistant to weeds, insect pests, and stress such as drought in order to conserve on resources. Especially in the face of erratic weather, GMO crops would play a significant role in the coming years to come,” Glick said. Citing a 2014 metaanalysis of 147 published findings about the impact of biotech crops, the Monsanto executive said that biotechnology allows a 22 percent increase in crop yield, 37 percent reduction in the use of pesticides, and a resulting 68 percent increase in profitability - mainly due to the increase in yield alongside the lowered cost of production. “The thrust of agricultural biotechnology is not just
to optimize yield – which was the intentions in the past – but to increase yield while protecting biodiversity through less fertilizer and pesticide use. The use of drought-resistant crops also minimizes the use of water, an important crop trait as agriculture accounts for 70 percent of the fresh water supply,” Glick said. He noted that about 18 million farmers as of last year are using new varieties of corn, soybeans, canola, and cotton that have been improved through biotechnology. Meanwhile, twenty eight countries have already given their farmers a chance to plant these new and improved varieties. Glick acknowledged the leadership of the Philippine government for being the very first country in ASEAN or in the whole Asia to develop a science-based regulatory framework in 2002 that allowed Filipino farmers the choice of using either conventional or hybrid corn. At present, the number of smallholder Filipino farmers using Bt corn are estimated at 750,000. “It was the use of Bt corn that allowed Filipino farmers to gain additional 20 to 37 percent yield that translated to a profit of about Php 12,000 per hectare. It was also the reason why the Philippines achieved corn self sufficiency with even a little surplus for export,” he said. He noted though that ASEAN countries as a whole have been lagging in the adoption of biotech crops to address the issue of food security. “The regulatory systems in some countries have not been put in place to grant approval for farmers to plant biotech crops. It is important for farmers to be allowed to security/PAGE 9
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AS POWER PLANT NEARS COMPLETION
59 young professionals to join FDC Misamis
A
total of 59 young professionals, mostly from Mis am is O r i e nt a l, w i l l soon go on board the FDC Misamis Power Corporation (FDC Misamis) as a simple graduation ceremony and welcome party was recently held at the Xavier Estates Sports and Country Club in Cagayan de Oro City. The dual rites marked t h e c om m e n c e m e nt of a work ing rel at ionship between the FDC Misamis and the 59 soon-to-be plant operators, technicians and engineers who underwent a six-mont h C adetship Training Program (CTP) for coal-fired power plant op erations that star ted in May this year. Their employment will officially b e g i n by f i rst we ek of December 2015.
Mario Pangilinan, President and Chief Operating Officer of FDC Utilities, Inc. (FDCUI), a subsidiary of Filinvest Development Corporation (FDC), has expressed g ladness in s eeing and welcoming the company’s newbies. “Welcome to the FDC Family! I am hoping that your employment with FDC will be worthwhile.” However, Pangilinan reminded them to always observe and practice the company’s four core values such as excellence in service, integrity, stewardship, and innovation. “I don’t expect you to be perfect because everyone really commits mistake(s). Just always ensure to be capable of not just serving but also by leading a healthy
FDC Misamisexecutives (seated, third row from top) pose with the new graduates of the Cadetship Training Program for its 3 x 135 MW Circulating Fluidized Bed Coal Thermal Plant. All 59 Cadets will officially start employment by December 2015, having successfully completed the 6-month program. The power plant is scheduled for commercial operations by 1st semester of 2016.
lifestyle while growing at the company,” stressed the FDCUI top executive. PRESENCE OF MIND,
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COMMON SENSE FDCUI Vice President for Plant C onst r uc t ion Albert de Sagun, on the other hand, told the 59 trainees to always have pre s e n c e of m i n d a n d common sense especially in times of troubles and difficulties. This as De Sagun put emphasis on the true responsibility of the newlyhired employees which is basically to ensure that the plant is always in good operating condition. But beyond true responsibility, Pangilinan wants the new batch of FDC Misamis employees to also be productive and competitive at all times. Furthermore, he enjoined them to be real stewards in protecting the community and environment through constant vigilance in the daily operations. “We really have to be conscious in our operations, if p ossible, e ver y hour for the protection of our environment.” WILLINGNESS TO LEARN, WORK In response, Pleaides
Faith Longakit, who sp oke on b ehalf of the graduates, thanked the FDC management for giving her and her co-cadets the rare opportunity of being part of FDC Misamis. She a ls o ack now le d ge d t he molding of their values in congruence with that of the company. “With our batch’s motto: Willingness to learn and willingness to work, we’re now on the right mindset,” Longakit confidently told t h e c r ow d c o mp r i s i n g a number of FDCUI executives and staff, and the cadets’ parents, spouses and relatives. “We’re now ready and so we affirm our commitment to s e r ve F D C Mis am is effectively and efficiently,” she declared. She also expressed gratitude to FDC Misamis for giving them a chance to be trained and now be employed as among the p i o n e e r s f o r F D C U I ’s flagship project -- the 405MW Circulating Fluidized Bed (CFB) Coal Thermal Plant in Villanueva town, Misamis Oriental.
The power plant will c om me nc e c om me rc i a l operations next year. VALUING INTEGRITY Meanwhile, RodelEmano and JoemarFactura both look forward to a better future now being with FDC Misamis. “Because of FDC Misamis and its CTP, I am now sending my six siblings to school. I pay for their tuition fees,” confided the 22-year-old Factura. “Teaching and always reminding us about the value of integrity is one big thing we can carry within ourselves that will lead us to success anywhere, anytime,” the farmer’s son Factura added. E m a n o, 2 3 , o n t h e other hand, said that the cadets’ projected success in life lies not solely on the money they’ll be earning from working with FDC Misamis but also from the values they learned from the training. Factura and Emano are both natives of Villanueva town coming from barangays Poblacion Uno and San Martin, respectively.
Pleaides Faith Longakit delivers aresponse on behalf ofthe cadets during the graduation ceremony for the Cadetship Training Program of FDC Misamis.Longakit belongs to the 59 Cadet Graduates who will be part of the pioneering team for the FDC Misamis 3 x 135 MW Circulating Fluidized Bed Coal Thermal Plant, scheduled for commercial operations by 1st semester of 2016.
RodelEmano(2nd from left) receives his Certificate of Completion for the FDC Misamis Cadetship Training Program from company executives (left to right) Arnel Lajada, Mario Pangilinan, Albert De Sagun and Luis Lagarnia. Emano, a resident of the host Municipality of Villanueva, belongs to the 59 Cadet Graduates who will be part of the pioneering team for the FDC Misamis 3 x 135 MW Circulating Fluidized Bed Coal Thermal Plant, scheduled for commercial operations by 1st semester of 2016.
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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER
fri-sat|November 27-28, 2015
Jollibee... from page 5
goal of becoming one of the biggest in the world. “We have to do better than that,” Mr. Baysa said. JFC is raising its capital spending budget next year to P10.4 billion from the P9.1 billion budgeted for 2015, with plans to open more stores next ye ar, surpassing the planned 300 store openings in 2015 -- a milestone in the company’s history. JFC is eyeing to enter new countries such as Malaysia, Oman, Canada, Italy, and the United Kingdom through the Jollibee brand and expand its footprint in markets such as Singapore, Vietnam and the United States. Net profit attributable to equity holders rose 6% year-on-year to P3.86 billion in the nine-month period, from P3.64 billion in 2014, on the back of higher sales.
Globe... from page 5
invest in and develop its mobile broadband network, “understanding the needs of a growing chunk of our customers for high-speed data connectivity on their mobile de vices as they continue to build their lives around a digital lifestyle.” The partnership with Huawei will deliver a more robust mobile network and innovative market-driven solutions to help ensure Globe’s success in growing the mobile market, Cu said. The partnership will extend towards capacity expansion of both Globe Telecom’s 3G and 4G network, added Cu. Such comprises an upgrade of the mobile operator’s LTE network through deployment o f LT E C A ( c a r r i e r aggregation) technology for a more pervasive reach of the cutting edge mobile data technology. The de velopment of greenfield sites, deployment of small cell technology, extensive indoor coverage expansion program, core network upgrade and expansion of the company’s fiber footprint are also covered by the partnership, said Globe. In 2011, Globe also turned to Huawei as technology partner when it began a $700-million network modernization program. ‘Reallocate 700 megahertz’ Meanwhile, Cu reiterated a call both by Globe - and its rival PLDT-Smart - for regulators to immediately reallocate and harmonize the 700 megahertz of frequency originally allocated for broadcast, in order to prepare for a surge in data traffic amid growing smartphone use in the country.
“Globe has also taken the position that the 700Mhz band is a major class of spectrum that has to be made available to major players and should not be held by just one player in the market,” Cu said. He was apparently re f e r r i n g t o a s i m i l a r complaint aired earlier by PLDT-Smart: that 100 Mhz of the powerful spectrum is held by two small players, both associated with San Miguel. Harmonization of the 700 Mhz will help improve internet speed in the country, Cu said, noting that it is only the Philippines that has thus far not reallocated the 700 Mhz band for broadband. “It is essential that the 700 Mhz frequency band is put to use to further enhance data connectivity in the country,” Cu stressed. Globe wrote the National Te l e c o m m u n i c a t i o n s Commission (NTC) in 2005, seeking the allocation and assignment of frequencies within the 700 Mhz and 800 Mhz for its broadband w i re l e s s n e t w or k . T h e NTC, however, ignored that request. S an M i g u e l , w h i c h o w n s w i - Tr i b e Telecommunications Inc. and High Frequency, holds 80 Mhz and 10 MHz of the spectrum in the 700 Mhz band, respectively. Te l s t r a w a s e a r l i e r reported saying it plans invest less than $1 billion in the Philippines to roll out the telecom network. The planned Telstra-San Miguel joint venture would see the local conglomerate holding a majority stake, in compliance with the 1987 Constitution.
Security... from page 6
plant what they think is the best for their farm,” he said. He pointed out that new GM crops like Bt eggplant and golden rice have been having a hard time being approved for commercial planting in the country, mainly due to the stiff opposition from some sectors casting doubts on their safety. “GM crops are safe for humans, animals and for the environment. In fact, there are no GMO crops that are known to cause allergy in humans as this is one of the requirement before a genetically modified crop is allowed for commercial use,” he said. “The need for innovations in agricultural policy should go hand i n hand w it h innovations with agricultural biotechnology. Government policies should enable these advances in technology to reach the farmers to ensure sustainable food security,” Glick said. (PNA)
9
2014 ppi’S Best in ENVIRONMENTAL Reporting
Candidates of the Search for Pilgrim Christian College Ambasadress 2015 don Blaze 28 casual attire during one of the segments of their coronation night last Wednesday at Maisie Van Vactor Hall. The adorable ladies are (from left) Gea Agnes Senoc, Agness Jenn Fallarna, Princess Di Carbonilla, Sherri Danica Man-on and Jeelina Valeroso. photo by mark francisco
Your Partner Against Dengue Despite continuous studies for the treatment of dengue, the mosquitoborne disease remains to be incurable. Since the epidemic outbreak that started in the Philippines and Thailand in the 1950s, 64 years later, the best discovery to address the deadly fever is still insufficient. While there is a vaccine that is formulated to prevent dengue, its efficacy is yet to be fully tested nor is it available to the public. We are left with no other choice but to rely on prevention. However, just last year, a new type of dengue is discovered. This means that the new strain is more capable of enduring the body’s mechanism, making
it stronger and harder to cure. With all these threats coming despite the progress in finally developing the treatment, still, it does not erase the people’s apprehension in having the disease. While there is a vaccine that is formulated to prevent dengue, its efficacy is yet to be tested. We are left with no other choice but to fully protect ourselves from having this disease. After all, it’s a smart move and just like what they always say, prevention is always better than cure. One way to prevent dengue and other mosquito-related disease is through Strike MultiInsect Killer. Strike Multi-Insect Killer Spray is a fast-acting
water-based formula which effectively kills mosquitoes and other insects. It has lower toxicity as compared to the leading brand, thus, it is safe for people, pets and plants. Strike Multi-Insect Killer Spray is also environmentfriendly unlike other oil-based insect killers and it contains no Chlorofluorocarbon (CFC). It leaves no stain on the surfaces of your home and does not release disturbing odors. Aside from the spray, Strike Multi-Insect Killer also comes in other variants like Strike Coil, Strike Liquid, Strike Mat and Strike Patch. Strike is available in BUY ONE, TAKE ONE starting
November 2015 to May 2016. Strike Multi-Insect Killer Spray is being marketed at P130.00 for the 300mL and P246.00 for the 600mL cans. Strike Coil is P15.00 per box, Strike Liquid Repellent Starter Kit at 249.00, Strike Mat Starter Kit at P58.00 and Strike Patch at P380.00 per box of 10’s and P76.00 per box of 2’s. All Strike Multi-Insect Killer variants are available at all Mercury Drug stores, Savemore, SM Supermarkets, SM Hypermarkets and other leading supermarkets nationwide. Be updated and join our latest promos, visit Strike Multi-Insect Killer FB Page: www.facebook.com/ ATCStrike.
BitterGo, Kontra sa Diabetes Mo! Kaya mo kayang umiwas sa matatamis na pagkain sa isang araw? Yung tipong nasa harapan mo ang isang napakasarap at matamis na leche plan pero dahil sa takot na tumaas ang iyong blood sugar pilit nilalabanan ang tukso at kagustuhan.
Ang pagtaas sa normal na blood sugar level ng isang tao ay nangangahulugan ng isang bagay, ang pagkakaroon ng diabetes. Ang diabetes ay isang sakit sa lapay o pancreas, ang bahagi ng katawan
na gumagawa ng insulin, isang uri ng hormone na nagpapababa ng asukal sa dugo. Sa ngayon, milyon milyong tao na ang apektado ng sakit na ito sa buong mundo. Wala pang nadidiskubre na panlunas sa diabetes kaya ang tanging paraan upang maiwasan ito ay agapan ito habang hindi pa malala. Kumain ng tama, mag-ehersisyo at uminom ng BitterGo! Ang BitterGo ay isang dietary food supplement na gawa sa kombinasyon ng Ampalaya Powder, Banaba Powder, Luyang Dilaw Powder at Bawang Powder na mabisang nakatutulong sa pag-regulate ng iyong insulin level. Ito rin ay nakatutulong sa pagpapababa ng blood
sugar level. Ang BitterGo ay ang tanging anti-diabetes food supplement na may Bawang Powder kaya nakatutulong din ito sa mga taong may altapresyon. Ang BitterGo ay nakatutulong din na mapa-ayos ang ating digestion, napapaginhawa rin ang constipation, at nagpapababa ng tsansa na lumabo ang mata. Sa halagang P7.50 per capsule, hindi mo na kailangan matakot sa pait na dulot ng diabetes. Go na go kana with BitterGo! Ang BitterGo ay mabibili sa lahat ng Mercury Drug stores at sa iba pang leading drugstores and supermarkets nationwide.
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10 Proper Garbage Disposal is Everyone’s Responsibility YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER
2014 ppi’S Best in ENVIRONMENTAL Reporting
fri-sat|November 27-28, 2015
By Ludmila B. Bagabaldo Canitoan Elementary School Teacher III
O n e o f o u r c o u nt r y ’s greatest problems is Garbage disposal. Accordingly it is the reason why our country is easily flooded because the drainage system which are transformed into dumping areas which prevents the flow and absorption of water. Aside from causing flood, it is also a source of dreaded diseases. We can prevent this entire catastrophic event if every one of us would be responsible enough in disposing our garbage. We have to commit ourselves to help preventing more destruction of lives and properties because of these floods. We have to take this problem as our prime responsibility as concerned individuals and citizens of the country. We have to be involved in the segregation of our wastes . We have to do something to make
others aware of this need to resolve our problems . And above all we need to have a full understanding of the issue and reformation of attitudes so that, we will develop concern towards the safeguard of our environment. Ever since , The different public schools in the country has been teaching their children the proper waste disposal and was strengthened When Department of Education’s War on Waste Crusade in 1995 was implemented . But, still as these children went home an d in the community many of them forgot how they would disposed their garbage and how important it is . Hence, We need to change our attitudes towards this issue and take it seriously and consider Proper Waste Disposal as our leading responsibility.
Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 28 Mambajao, Camiguin SPS. MENLY GALENDEZ AND, LISA TABAMO-GALENDEZ Plaintiffs,
CIVIL CASE NO. 2015-864
-versus-
for:
ESTATE OF REMEDIOS DE LA CANCELLATION OF OCT/ RIARTE REP. BY HER HEIRS: CLOA-743; ANNULMENT OF WILFREDO DE LA RIARTE, DEED OF VOLUNTARY ET.AL., TRANSFER Respondents, X - - - - - - - - - - - - - - - - - - - /// ORDER The motion for Leave of Court to Effect Service of Summons by Publication filed by the plaintiffs on October 13, 2015 is hereby GRANTED. The plaintiffs are directed to cause the publication once in a newspaper of general publication in the province of Camiguin the summons granting all the defendants a period of sixty (60) days from the date of the publication within which to file their answer. The plaintiffs are further directed to send by registered mail a copy of summons and of this Order to the last known address of all the defendants.
SO ORDERED
Mambajao, Camiguin, October 26, 2015
(SGD.) GIOVANNI ALFRED H. NAVARRO Acting Presiding Judge
BWM: November 27, 2015
CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region BRANCH 07 Tubod, Lanao del Norte RURAL BANK OF KAROMATAN, CIVIL CASE NO. 07-776 (LN), INC., Plaintiff, - versus - - for ANNA M. PUTONG, Collection of Sum of Money and Damages x- - - - - - - - - - - - - - - - - - - - - - /
Defendant.
SUMMONS BY PUBLICATION TO: ANNA M. PUTONG Austin Heights, Kolambugan, Lanao del Norte G R E E T I N G S! WHEREAS, on November 9, 2015, the Court issued an order granting the plaintiff’s Motion for Service of Summons by Publication, the dispositive portion of which reads as follows: “WHEREFORE, finding the motion to be well taken and in order, the motion is hereby granted and the plaintiff is hereby directed to effect the service of the summons by way of publication in a newspaper of general circulation within three consecutive weeks.”
WHEREAS, Petition reads: “COMPLAINT
Plaintiff, through the undersigned authorized representative, to the Honorable Court, most respectfully avers: I. NATURE OF ACTIONS
1. This is an action for Collection of Sum of Money and Damages in the amount of Four Hundred Thousand Pesos (P400,000.00) with corresponding legal interest, penalties and damages under the principle of Simple Loan or Mutuum, a. Article 1953 of Civil Code of the Philippines which states: A person who receives a loan of money acquires the ownership thereof, and is bound to pay to the creditor an equal amount of the same kind and quality; b. Article 1955 states: The obligation of a person who borrow money shall be governed by the provision of Article 1249 and 1250 of the Civil Code; c. Provisions of damages as provided under 2217, 2221 and Article 2229 of Civil Code of the Philippines. 2. Plaintiff, is a Corporation duly organized and existed under the Philippine Law, duly represented by virtue of Board Resolution or Secretary’s Certificate its Manager LANIE P. FUENTES of legal age, and with an address at Municipality of Tubod, Lanao del Norte, where summons, notices, orders, and court processes may serve. Copy of Board Resolution or Secretary’s Certificate is hereto attached and marked as Annex “A”; 3. The defendant is ANNA M. PUTONG, of legal age, Filipino, with address at Austin Heights, Kolambugan, Lanao del Norte, where summons, notices, orders and court processes may serve, III Material Facts 4. On June 1, 2011, the defendant went to the plaintiff’s office and submitted their loan application for the amount of Php400,000.00. Certified True Copy of the Loan Application is hereto attached and marked as Annex “B”; 5. On June 2, 2011, the aforesaid loan application was granted, and the defendant signed a Promissory Note, Co-maker’s Statement are hereto attached and marked as Annexes “C” and “C-1”; 6. On June 2, 2011, the Applied Loan of Php400,000.00 was released personally to ANNA M. PUTONG wherein the latter received the net amount Php288,000.00 minus the interest of 23% equivalent of Php92,000.00 and S/F of 5% equivalent to Php20,000.00. The maturity date of the said Loan granted will be on May 23, 2014. Certified True Copy of Receipt dated June 6, 2011 is hereto attached and marked as Annex “D”; 7. On May 23, 2014, the granted loan to the defendant became matured, and the Outstanding balance of the defendant was Php238,575.44 compose of outstanding balance, interest balance, service fee, surcharge, penalty charge, past due interest. Certified True Copy of the Statement of Account is hereto attached and marked as Annex “E”; 8. On July 31, 2014, the plaintiff through its legal counsel sent a demand letter to the Defendant asking the latter to pay the outstanding balance. But, such demand turns out to be futile. Certified True Copy of the Demand Letter is hereto attached and marked as Annex “F”; 9. The plaintiff, was not able to brought the matter to the Barangay level for the compliance of Mediation and Conciliation process as mandated by the Barangay Law of the Philippines, on the ground that this case falls under exception. The plaintiff and defendant’s address are two different Municipalities and Barangay, thus the Certificate to File Action is not a mandatory requirement; 10. To pay their debt, the plaintiff was forced to hire a Lawyer in order to protect its legal rights and cost him Fifty Thousand Pesos (P50,000.00) as an Acceptance fee and Four Thousand Pesos (P4,000.00) as Appearance fee, and other litigation cost; 11. That constant acts of the defendant is intentionally evading her responsibilities, the corporation through its officials and employees cause and suffered mental anguish, serious anxiety, wounded feelings, moral shock, social humiliation, and similar injury which entitled her for Thirty Thousand Pesos (P30,000.00) as Moral damages; 12. Because, the right of plaintiff, which has been violated or invaded by the defendant, for it to be vindicated or recognized, she is entitled to Nominal damages amounting to Thirty Thousand Pesos (P30,000.00); 13. The acts of the defendant should be corrected by way of setting her as an example to the community and for the public good by imposing her Exemplary or Corrective damages amounting to Thirty Thousand Pesos (P30,000.00) in addition to other damages that may be inflicted against her by this Honorable Court; PRAYER WHEREFORE, PREMISES CONSIDERED, plaintiff respectfully prays from the Honorable Court that after due notice and hearing, judgment be rendered ordering the defendant to pay as follows: 1. Actual Damages P238,575.44 2. Collection Fees P 14,314.53 3. Attorney’s Fee P 50,000.00 4. Appearance Fee P 4,000.00 Up to the time of termination of the case. 5. Moral Damages P 30,000.00 6. Nominal Damages P 30,000.00 7. Exemplary or Corrective Damages P 30,000.00 8. Litigation Expenses P 10,000.00 -------------------------------------------------------------- Total amount P406,889.97 Plaintiff prays for such other reliefs that are just and equitable under the circumstances. Tubod, Lanao del Norte, March 30, 2015. (Sgd) ATTY. ALEXANDRO NAGA GARANGAN Legal Counsel of Rural Bank of Karomatan (LN), Inc. Roll No. 52699 Lifetime IBP No. 09266 08/08/2014 PTR No. 594277 1/7/15 CDO MAIN BRANCH DIVISORIA BRANCH MCLE No. IV-0022181 11/22/13 P & J Lim Bldg., Tiano Brothers Atty. Erasmo B. Damasing Bldg., Room 8, Maramara Bldg., Rosario Heights Tubod,St., Iligan City” Kalambagohan Sts., #61 Don A. Velez
Tel. # (08822) 727-829 * Telefax # (088) 856-1947
Cagayan de Oro City Tel. # (088) 857-3631
Mambajao, Camiguin
Cagayan de Oro City Tel. # (088) 231-6739
NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the above-quoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon CAMIGUIN BRANCH LAPASAN petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision inBRANCH the IBP-OCA Memorandum on Policy Guidelines B.12, Aranas St., Poblacion, dated March 2002 to observe restraint in filing a Motion to Dismiss and instead allege Lapasan the grounds thereofHi-way, as defenses in the Answer.
Tubod, Lanao# del(088) Norte, November 16, 2015. Tel. 387-0491
(SGD.) ATTY. MARIA PTV ZALSOS-UYCHIAT, CPA CORRALES BRANCH CARMEN BRANCH Clerk of Court Corrales Ave., Vamenta Blvd.,Cagayan deVI Oro City
Cagayan BWM: Nov. 20, 27 & Dec. 4, de 2015 Oro City
Tel. # (088) 231-2011
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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER
fri-sat|November 27-28, 2015
Power... from page 1
Southern Philippines Power C orporation (SPPC) in Alabel, Sarangani Province will terminate its power supply agreement in April next year. The Alsons’ corporate website said the WMPC began commercial operations in 1997 while SPPC commenced operations in 1998. Both plants supply power to the Mindanao grid under an 18-year Energy Conversion Agreement with the NPCPSALM. “The effect is that NPCPSALM will again reduce its supply to electric power cooperatives in Mindanao but AMRECO is discussing with Alsons to get their power supply,” Caliao said. Engr. Sergio Dagooc, AMRECO president, did not respond to MindaNews’ call and text messages today but Caliao said they are hopeful that their deal with Alsons will be pushed through. Like most of the electric cooperatives in Mindanao, Caliao said SURNECO has a daily power deficit of four to six megawatts.
Plants... from page 1
Energy Plan and the impacts of El Nino on the Mindanao power sector at THE PINNACLE HOTEL AND SUITES on Monday
attended by stakeholders from the Davao Region. Two units will start in the first quarter: the 150MW unit of the Therma SOuth Inc., a subsidiary o f A b o i t i z P o w e r, i n Binugao, Toril in Davao City; and the 100-MW unit of the Sarangani Energy Corporation in Maasim, Sarangani Province. The San Miguel Power C or p or at i on w i l l s t a r t commercial operation of its two power plants, each having a capacity of 150 MW, in the second quarter, according to Reyes. From November 2015 to February 2016, he said, the impact of El Nino will be more evident with a projected power deficiency placed at 100-200MW. But Mindanao’s power situation will normalize with the entry of the new power capacities on the grid, he added. As of 1 p.m. on Monday, Mindanao’s power supply was recorded at 1,157 MW while the demand was 1,369, or a shortfall of 212 MW, according to the National Grid Corporation of the Philippines. In an advisor y on Monday citing the NGCP, the Davao Light and Power Company said a preventive maintenance ser vice on the 105-MW unit of the STEAG coal-fired power plant caused the shortage. As of Monday, DLPC’s
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO PROVINCIAL SHERIFF NOTICE OF EXTRA JUDICIAL SALE EJF- 2015-265 “Upon extrajudicial petition for sale under Act No. 3135 as amended, filed by BALIKATAN PROPERTY HOLDINGS, INC. against SPS. LETECIA C. INUKAI AND TOYOAKI E. INUKAI to satisfy the mortgage indebtedness which amounts to TWO HUNDRED NINETY EIGHT THOUSAND TWO HUNDRED THIRTY SIX PESOS AND 38/100 (Php.298,236.38), the undersigned will sell at public auction on December 17, 2015 at 10:00 A.M. to 4:00 P.M. at the REGIONAL TRIAL COURT – OFFICE OF THE CLERK OF COURT, CITY TOURISM HALL, CITY HALL, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT No. T- 53417 A PARCEL OF LAND (Lot 27, Block 6, Pcs-10-000528, being a portion of Lots 4378-B-1, 4378-B-2,4378-B3,4378-B-4,Psd-10-000190) Cad-237, Cagayan Cadastre) situated in the Barrio of Canitoan, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED FIFTY (150) square meters more or less and registered in the name of LETECIA C. INUKAI married to TOYOAKI E. INUKAI. 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, postings and publication. Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.
Cagayan de Oro City, November 9, 2015
FOR THE EX-OFFICIO PROVINCIAL SHERIFF
f ranchis e are a received only 167 MW from NGCP, lower than its power supply contract of 273 MW. “Davao Light’s power supply contracts with other generating plants could h av e c o mp e n s at e d t h e deficit given the current power situation,” it added. The situation worsened af ter t he 150-MW f irst u n it of T SI u nd e r we nt an emergency shutdown last November 22. Of the total capacity, 50 MW was contracted to DLPC. DLPC’s contract with the Therma Marine Inc. also decreased f rom 30 MW to 19 MW due to the preventive maintenance service of one of its four units with a capacity of 45 MW. “Sibulan hydropower plant as well has advised a reduced capability to facilitate an emergenc y repair on one of its plants,” the statement added. The distribution utility was only given 246 MW, lower than the demand of 340 MW, which resulted in three to four hours of rotational brownouts during peak hours from 8 a.m. to 10 p.m. and 1.5 hours during off-peak periods, from 10 p.m. to 8 a.m. The DLPC was running its standby Bajada Diesel Power Plant with a sustained capacity of 40 MW. (Antonio L. Colina IV/MindaNews)
Ordinance... from page 2
Macasandig for assistance to resolve the problem regarding the water supply, road lights and road conditions in the said subdivision. Invited are president of the association, regional director of the Housing and Land Use Regulatory Board (HLURB), CPDO-Estate Management Division and all subdivision developers to attend the meeting on Friday. (JBD/ CdeOSP)
Batas... from page 4
of ) God, their faith as such Christians or believers in (or of) God have largely become a faith merely in their lips, no longer in their hearts. Consequently, there is no solution to the scandals that have been plaguing the countr y which evidence the lack of godliness of our people, except to bring them back to a more sincere faith in God, by a more compulsory reading of the Christian Bible, and obeying God’s commands---at least, the commands to love God above all else, and to love others as we love ourselves! -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 HOURS a day, in the Philippines and the
Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA JUDICIAL SALE EJF-2015-236 “Upon Extra-Judicial Petition for Sale under Act No. 3135 as amended, filed by PHILIPPINE INVESTMENT ONE (SPV-AMC), INC., a corporation organized and existing in accordance with Batas Pambansa Blg. 68 and R.A. 9182, with principal place of business at Unit 1615-1616, 16th Floor, Tower One, Philippine Stock Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, against SPS FELIPE D. RIVERA and CRESENCIA L. RIVERA, with residence and postal address at Nazareth Subdivision, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of July 14, 2015, amounts to THREE HUNDRED SIXTY SIX THOUSAND FOUR HUNDRED SEVEN PESOS & 41/100 (P366,407.41) Philippine Currency, as mortgagor’s outstanding obligation inclusive of interest, penalties and other charges, exclusive of attorney’s fees and other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff-in-charge will SELL at Public Auction on DECEMBER 1,2015 at 10:00 o’clock in the morning or soon thereafter, at the City Tourism Hall, Cagayan de Oro City, to the Highest Bidder for CASH and in Philippine Currency, the real property mortgaged together with all existing and future improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-4672 Registered in the name of FELIPE D. RIVERA “A PARCEL OF LAND (Lot 2076-B-5-B of the subdivision plan (LRC) Psd-16528, being a portion of Lot 2078-B-5, described on plan (LRC) Psd-4687, LRC (GLRO) Cad. Rec. No. 1561). Situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao. Bounded on the x x x. Beginning at x x x; containing an area of Two Hundred Eighty Nine (289) Square meters, more or less” Prospective Buyers/Bidders may investigate for themselves the title herein above described and encumbrance thereof, if any there be. In case December 1, 2015 will be declared holiday or non-working day, the Public Auction Sale shall be held on DECEMBER 7, 2015 without further notice, publication and posting. Cagayan de Oro City, October 26, 2015.
world at www.facebook.com/ angtangingdaan or www. facebook.com/ANDKNK (For ANDKNK, look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo. com.
Cimagala... from page 4
to know God’s will and ways. Our minds and hearts will be filled with many good things that are proper to us, pre vent ing us f rom falling into self-indulgent thoughts and desires. We would be encouraged to give ourselves to others, to fight with more vigor against temptations. We would be taught how to see things through the eyes of God. It would be good if we develop a certain devotion to them, getting to know them through the many biographical writings about them as well as their numerous writings that many of them left behind. These writings are real gems of wisdom. We, for example, should savor the most maternal love of our Lady, our most powerful intercessor. We should feel the fatherly care of St. Joseph for us. We can easily identify ourselves with the bumbling apostles w h o, i n s p i t e o f t h e i r limitations, were simple and faithful to the Lord. We should be inspired by t he e x ampl e s of St .
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2014 ppi’S Best in ENVIRONMENTAL Reporting
Augustine, St. Ambrose, St. Thomas Aquinas, and many, many others who, with the help of grace, made full use of their intellectual and spiritual powers to mine the rich deposit of our faith, the revealed truths, producing a great wealth of theological knowledge that is most helpful to all of us.
CebuPac... from page 5
CEB’s Guam route will op erate e ver y Tues day, Thursday, Saturday and Sunday, and will utilize the airline’s brand-new Airbus A320 fleet. The Manila-Guam service will depart at 3:45am and arrive in Guam at 10:15am. The Guam-Manila flight will depart Guam at 12:30pm and arrive in Manila at 2:55pm. From Manila, passengers can utilize CEB’s extensive network in the Philippines. Domestic destinations with excellent connections include Laoag, Iloilo and Cebu. CEB’s network now spans 64 destinations on 98 routes, including flights to Sydney, Doha, Beijing, Tokyo, Bali and Dubai. CEB’s 55-strong fleet is comprised of 8 Airbus A319, 33 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. It is one of the most modern aircraft fleets in the world. Between 2016 and 2021, CEB will take delivery of 5 more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.
Republic of the Phillippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City email add: rtc.occ.misor@gmail.com OFFICE OF THE REGIONAL TRIAL COURT SHERIFF NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2015-303 Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by SECURITY BANK CORPORATION against Sps. JOEL L. ESTILLORE and FE G. ESTILLORE, with address at Block 8, Lot 11, Acacia and Mabolo Sts., Virginia Homes, Iponan, Cagayan de Oro City, Misamis Oriental, to satisfy the mortgage indebtedness which as of September 30,2015 amounts to ONE MILLION ONE HUNDRED EIGHTY FIVE THOUSAND FOUR HUNDRED THIRTY TWO PESOS and 28/100 (Php1,185,432.28) inclusive of interest and penalties but exclusive of attorney’s fees equivalent to 20% of the total amount due, cost and expenses of foreclosure, and other charges, the undersigned will sell at public auction on December 16, 2015 at 10:00 in the morning to 4:00 in the afternoon, at the Tourism Hall, Cagayan de Oro City, to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT NO. T-103906 “A PARCEL OF LAND (Lot 11, Block 8, Pcs-10-001499, being a portion of Lot 2666-A 5201-A, Psd-104305-08374 & Lot 3665), situated in the Barrio of Iponan, City of Cagayan de Oro City, Island of Mindanao, containing an area Two Hundred Twenty Two (222) sq.m. more or less. xxx 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 herein-above described and encumbrances thereon, if any there be. DONE this 13th day of November, 2015, in the City of Cagayan de Oro.
(SGD.) AL PONCIANO R. DATU Sheriff IV
FOR THE EX-OFFICIO PROVINCIAL SHERIFF By: (SGD.) JOSEPH C. MAAGAD Sheriff IV
(SGD.) ENRIQUE M. TALAG, JR. Sheriff IV
BWM: Nov. 20, 27 & Dec. 4, 2015
BWM: Nov. 20, 23 & 27, 2015
BWM: Nov. 20, 27 & Dec. 4, 2015
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Bring Christmas to your home
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ring the all joy, love and beauty of Christmas to your home with delightful ornaments and décor from SM Home. There are stars, balls, reindeer, and snowmen that recall nostalgic Christmases at
home; as well as creative touches that bring a modern spin to holiday decorating. There are confectioneryinspired ornaments that look good enough to eat – cupcakes, ice cream, donuts that seem fresh
Say it sweet with these candy ornaments.
from the bakeshop; as well as peppermint and candy ornaments that show us the sweet side of Christmas. Translucent ornaments are sculptural and artistic; while fancy frosted pieces will give your home a
wintry look. Perfect to hang on your trees or garlands, or create a fancy tabletop, the collection is available at the SM Home Section in SM City Cagayan de Oro and in all SM Stores nationwide.
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Water Is Life
EMPRESS M
by Acclaimed Chilean violinist Juan Luis Muñoz jams with equally talented Filipina pianist Mariel Illusorio during their aptly-titled Duetto concert held last Tuesday at Rodelsa Hall. photo by mark francisco
Chilean violinist holds show at Liceo
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By MARK FRANCISCO
CCLAIMED Chilean Juan Luis Muñoz and his real life partner, equally famous Filipina pianist Mariel Illusorio held a two-person concert aptly titled Duetto at Rodelsa Hall, the world-class venue for performances of Liceo de Cagayan University, last November 24. The South Africanbased Muñoz originally studied music at his home country in Chile under the tutelage of Prof. Fernando Ansaldi and Prof. Sergio Prieto at the Catholic University of Santiago. After some time, he moved to South Africa where he affiliated with the CAPAB Orchestra, Johannesburg Philharmonic Orchestra, Johannesburg Music Initiative, Free State Symphony Orchestra, the Eastern Cape Philharmonic
Orchestra, Cape Town Baroque Ensemble, Franschoek Mountain Chamber Music Festival, CAPAB String Quartet, Michaelis Chamber Music Players, Pro Musica Trio, Rhodes Trio, New Odeion String Quartet, Rhodes String Ensemble and Orchestra and The Classic Symphony Orchestra of Santiago University. In his performances abroad, Muñoz had jammed with the New Symphony Orchestra and
the Manila Symphony Orchestra. At present, he is a senior lecturer in violin and viola at Rhodes University. At one point in his career, Muñoz met and fell in love with then rising musician Illusorio who was first introduced to the world of music as a NAMCYA champion at an early age. Her NAMCYA experience paved the way for scholarships at Julliard and at the Oberlin Music Conservatory in Ohio. Illusorio also garnered awards abroad in the 14th Rina Sala Gallo International Piano Competition, 45th Maria Canals Piano Competition, East Friesland Piano Prize and Carlo Soliva International Piano Competition. violinist/PAGE B3
Michelle Francisco
www.EmpressMichelleFrancisco.com
W
hen you ask me and my family what our favorite drink is, our answer is, Water. Aside from being the most refreshing drink, it is also the most beneficial in terms of health. If you ask my son, Dominic, what’s the secret to life? His answer is, “Be happy and drink lots of water.” Human body is composed of 70% water. Our cells and body organs need water to function properly. So, I always try to drink 8 glasses of water everyday. My husband, Elmer drinks more than that. Good for him. We need to stay hydrated and healthy. I spend on water of good quality. I get the best water in the city. And yes, there’s a difference in taste. Train your kids to make “water” their favorite drink while they’re still young so that they will be used to it
M
Love,
already. Always choose water as your drink. If your kids don’t like the taste of water, you can add some lemon slices or cucumbers to add flavor. And I like my water flat (not sparkling). Here are some of the benefits on why drinking lots of water everyday is very important: 1.) They say that the fountain of youth is water. It keeps our skin healthy and hydrated. It can make your skin glow, look fresh and smooth. Water reduces and prevents wrinkles and
fine lines. It is the antiaging potion. hehe 2.) It is a natural remedy. When I have a headache or about to catch a cold, instead of drinking medicines right away, I just drink lots of water and they simply go away. It also regulates body temperature when you feel warm. 3.) Studies have shown that water protects your spinal cord and helps keep your joints and muscles lubricated so it prevents cramps and sprains. empress/PAGE B3
You can follow me at the following social media: https://www.facebook.com/EmpressMCF https://instagram.com/empressmichellefrancisco https://twitter.com/empressmcf
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UNAHCO ventures into crops with organic-based liquid fertilizers
I
n line with its thrust to become the country’s leading agribusiness conglomerate, Univet Nutrition and Animal Healthcare Company or UNAHCO has successfully introduced a new line of organicbased liquid fertilizers to rice, corn and vegetable farmers in Cagayan Valley and Nueva Ecija, signalling its entry to the very competitive crops sector. A subsidiary of pharmaceutical leader Unilab, UNAHCO has formed UNAHCO Agronomy or UNAGRO to handle its agricultural product lines, according to President and COO Ricardo C. Alba.
“UNAGRO shall be our vehicle not only to distribute and market our new organic-based fertilizer products but to also promote organic farming as part of our commitment to sustainable food production and overall food security for the country,” Mr. Alba said. Overseeing the new Business Unit Cluster is Rebecco “Jun” Remorque, a senior manager of the Business Development Group. Mr. Remorque said UNAGRO is now looking to expand to the rest of Luzon after their successful foray in Cagayan Valley and Nueva Ecij a, both major rice and corn producing
areas, where many farmers have switched to the company’s organicbased liquid fertilizers. “We have successfully demonstrated initially in Cagayan Valley and Nueva Ecija that, with the use of our fertilizers, farm yields have significantly increased while reducing the use of inorganic farm inputs that are detrimental to the environment,” Mr. Remorque said. UNAGRO’s organicbased liquid fertilizers are under the brand names Soil Set, Agro Mos, Grain Set and Crop Set that are listed in the OMRI (Organic Materials Review Institute) of the United States for use in organic crop production.
Together, they address all crop needs from soil preparation to crop protection and growth enhancement up to the time of harvest. The products are all developed by Kentuckybased Alltech Crop Science, a leading agronomic solutions provider whose stateof-the-art production facilities are supported by an ultra-modern fermentation system, a research farm, a worldrenowned development laboratory and the world’s largest yeast fermentation facility in Brazil. Soil Set is used during soil preparation before planting or after harvest to revitalize the soil by activating the soil
micoflora. It improves mineral availability for plant nutrition and contains specific bacterial metabolites like natural enzymes that aid in plant development and improved growth by promoting healthier root systems. Agro Mos, on the other hand, provides essential nutrients to fight environmental stresses affecting crops. It optimizes crop quality and improves yields by providing nutrients utilized in plant metabolic processes and reduces disease susceptibility through proper nutrition, and can even be used to revive plants that have been stricken by diseases. Crop Set, for its
part, is ideal for fruits and vegetables. It is a micronutrient fertilizer that supplies sulfur, copper, iron and manganese to the growing crop with a special formulation of high performance nutrients and fermentation technology that enhances the plant’s ability to utilize nutrients to optimize yields and improve crop color, quality and uniformity. Grain Set, meanwhile, is a liquid source of sulfur, manganese and zinc specially formulated for cereal and grain production like rice and corn. It optimizes nutrient uptake, thereby increasing yields, nutritional value, and overall crop quality.
DILG prepares Misor towns for bottom up budgeting By MARK FRANCISCO
THE Department of Interior and Local Government (DILG) in Misamis Oriental led by provincial director Edward Bhagwani met the newly-formed Local Poverty Reduction Action Teams (LPRAT) in each city and town in the province to orient them on their impending budget proposals for 2016 that they need to submit. It was learned that under new Philippine government policy, local government units (LGUs) are mandated to create LPRATs to facilitate the so-called bottom up budgeting approach in proposing
for their respective yearly appropriations. A total of two cities and 23 municipalities from the province sent their respective LPRATs so they could be oriented by DILG before they submit their initial budget proposals to the agency’s regional office on December 10. After every document is determined to be in order, these will then in turn be submitted to the DILG central office for evaluation and approval. A total of 600 attendees from Misamis Oriental graced the two-day event at Deluxe
Hotel last Monday and Tuesday where they were oriented by representatives from the regional offices
of the Departments of Social Welfare and Development, Labor and Employment, Trade and Industry,
Education, Agriculture, Tourism, Environment and Natural Resources, and Health; National Commission on
Indigenous Peoples (NCIP) and Technical Education Skills and Development Authority (Tesda).
Health Groups warn of the adverse effects of continuous PH dependency on APEC and foreign capital The Community Based Health Programs of the Philippines (CBHPs) call on the Filipino people to be wary of the recent Asia-Pacific Economic Cooperation (APEC) meeting which occurred last November 18-19 because of its political and economic impacts especially on the health of the Filipino people. The group is expecting that the leaders from the
21 economies attending the APEC discussed the further liberalization of economies. With the 42 existing free trade agreements and the negotiations for the Trans-Pacific Partnership Agreement (TPPA), these liberalization policies will surely place the Philippines as a source of cheap labor and raw materials, and an open market to rake in
huge profits for foreign investors. Dr. Eleanor A. Jara, executive director of Council for Health and Development (CHD), said “The Philippine economy has been involved with APEC for two decades, submitting to its every economic policy and condition. Two decades with APEC and the majority of the population remains
poverty-stricken while trans-national companies and business monopolies reap and bring back billions of profits. With APEC, foreign monopoly corporations continue to exploit the country’s natural resources; stunt our economy and industry with low-value added semi-manufacturing investments; and exploit effects/PAGE B3
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Empress...
Effects...
4.) It helps to have a good digestion and prevents constipation as well. 5.) It boosts your immune system. It would be less likely that you’ll catch a flu, colds and other diseases. It helps flush out toxins from your body. 6.) When you feel tired, drink lots of water and it will give you happy hormones and you’ll be in a good mood. When you feel good, you’ll be happy. It relieves fatigue and stress. 7.) Water gives you so much more energy when you exercise or play sports. It will make your body feel hydrated and would be able to do its job. 8.) Drinking glasses of water prior to meals fills your stomach so it lessens your tendency to eat more. It would also help you lose those extra pounds because it boosts your metabolism. 9.) Drinking lots of water could help prevent heart attacks. 10.) Wash hands with water to remove germs and keep our hands clean that would in turn keep us healthy. Many still neglect the health benefits and importance of water yet almost every function in our body in some way requires water. A recommended daily intake of drinking water is 8 glasses per day. It’s hard to attain that but we should strive to make it happen to maintain good health. “Eat well, move daily, hydrate often, sleep lots and love your body.” -M To read more about beauty and health, visit my website - www. EmpressMichelleFrancisco. com and leave your comments.
workers through low wages, lack of benefits and contractualization. Filipinos also bear the brunt of the high prices for goods and services as well as the increasing cuts on corporate taxes.” Dr. Jara further explained, “The people’s health and its health system are further aggravated by policies that arrive after business and economic meetings such as this APEC. The privatization policy has deprived Filipinos of important health care because public hospitals and services are now being run as businesses. The promise of ‘ASEAN integration’ is also a clear example which means the Philippines will remain as top exporter of nurses and doctors while those who remain in the country will continue to hurdle the western-introduced contractualization policy and suffer from low wages and lack of benefits.” She also added that, “With the Philippines’ dependency on foreign investment, the APEC may be a venue for it to enter the secretive and controversial TPPA, another economic agreement that is predominantly U.S.-led.” The Aquino administration has already expressed desire to join the contentious agreement. Among the leaked information is the TPPA could actually contradict a country’s constitution. The CBHPs soon expect foreign big business extracting profit from public hospitals and poor patients if 100% foreign ownership is allowed -- a blatant violation of the constitutional prohibition on foreign business ownership. Purchase and production of generic
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Violinist...
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and affordable medicines are threatened since the TPP could involve a probig business Intellectual Property Policy, which would pave for more monopoly control on pricing and marketing of medicines. This TTPA provision will make medicine prices more unaffordable, contradicting the country’s already slow Generics Law and Cheaper Medicine Act of 2008. Medical procedures could also be patented by corporations, thus worsen the already expensive surgery costs. Even planned programs such as the Healthy Asia Pacific 2020 are also questioned since control and monitoring of lifestyle diseases involves technology (ie. portable sphygmomanometers, glucose monitors, cardiac monitors etc.), that could only be imported, thus expensive for the community level healthcare. The TPPA would also allow foreign companies to sue governments if corporate profits are ‘harmed’ by laws such as health and environment protection. “The results of these international agreements must be made completely transparent. The CBHPs, together with the Filipino people, continue to study and remain critical in resisting these foreign-favored and business-oriented policies to prevent further aggravation. In order to uphold a healthcare system and economy that is truly pro-people, the Filipinos must severe the chains of foreign domination, especially the U.S., that have long been dragging our society throughout history, and pressure the government to take steps toward economic independence and national industrialization,” Dr. Jara concluded.
U.S. Black Friday and Cyber Monday shopping madness made more accessible and affordable to GCash customers Black Friday and Cyber Monday, two of the most anticipated shopping sales in the United States, are made more accessible and affordable to digital-savvy GCash customers through the international shipping provided by GCash American Express® Virtual Pay in partnership with My Shopping Box. “This is the fourth year for GCash American Express® Virtual Pay to participate in Black Friday and Cyber Monday sale and once again we’re giving our customers a better way to enjoy the biggest discounts and most amazing shopping deals from their favorite international online retail stores,” said Xavier Marzan, President and CEO of G-Xchange Inc., a whollyowned subsidiary of Globe Telecom, operator of GCash. With a waived annual fee of USD 25 from My Shopping Box, GCash American Express® Virtual Pay customers will also be able to enjoy an additional 3% rebate in their international shipments. GCash American Express® Virtual Pay’s subscription fee for this year was also
waived. To be celebrated on November 27 this year, Black Friday is the day after Thanksgiving which marks the unofficial start of the U.S. Christmas season and is often associated with huge shopping discounts. Cyber Monday, on the other hand, happens on the Monday after Thanksgiving which falls on November 30. It also involves large price cuts from smaller online retailers. While most Filipinos cannot go to US retail stores to participate in the shopping madness, GCash American Express® Virtual Pay customers can still avail of huge discounts from online sites of popular American brands such as JCPenney, J.Crew, Sears, and American Apparel, among others. At the same, the virtual card may be used at any online website that accepts American Express as a mode of payment. This includes Amazon, PayPal, eBay U.S., Zappos, Sephora, Drugstore, GAP, Old Navy, Agoda, the U.S. iTunes Store, Google Play Store, the U.S. PlayStation Store, and Steam Store.
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Those awards cemented her career and she was featured in the Julliard Pre-College Symphony Orchestra, Oberlin Symphony Orchestra, Cantu Orchestra, Manila Chamber Orcestra, Philippine Philharmonic Orchestra, Wernigerode Chamber Orchestra, Friedrich-Juergen-Selheim Society e.V., Villa Musica Chamber Music Academy and State Academy of Music Hanover. Together, the couple started a local music competition in South Africa called Rising Stars which eventually became a mainstream music competition in that country. The duo also ran an annual chamber music series called Juan, Mariel and Friends. They plan to settle down in the Philippines one day.
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