BusinessWeek Mindanao (November 4, 2015)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 057

Market Indicators

As of 6:10 pm November 3, 2015 (tuesday)

FOREX US$1 = P46.81

3

PHISIX 7,210.73

X X Briefly

cents

11.88 points

Shifting crops THE Department of Agriculture (DA) urged farmers to shift to other c ro p s fo r th e “ El Niño” season to reduce water consumption.

Engr. Henry Cacayan, officer-in-charge (OIC) for the DA’s Water Resources and Management Division, said at a press conference at the “Kapihan sa Media ng Bayan” Friday that they have encouraged farmers to change their crops to either legumes or vegetables.

Cacayan said farmers could also plant aerobic rice, which is resistant to droughts and could thrive with some rains.

Rainwater law THE proposed ordinance for the proper harvesting, storage and utilization for rain water in Cagayan de Oro was discussed by the City Council committee on public works and engineering.

The proposed ordinance provides that the city shall promote the proper harvesting, storage and utilization as a viable alternative source of water supply primarily for non-potable use including domestic usage for flushing toilets, general cleaning, and washing of clothes, urban agriculture, landscape irrigation and supplement water source for industrial, commercial, institutional, agricultural usage, among others.

It also provides that the city shall encourage and support the adaptation and development of appropriate technology related to rainwater utilization by medium to large size commercial, institutional and industrial establishments including medium to high-end residential subdivisions which are primarily consuming high volume of freshwater.

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Power supply assured in M’danao for polls www.businessweekmindanao.com

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Wednesday | November 4, 2015

P15.00

By Juzel L. Danganan

HE Department of Energy (DOE) is working on stabilizing power supply in the Mindanao grid to ensure there is sufficient energy supply for the elections next year.

”That’s our target-- to ensure there’s sufficient power during the elections, because how will they vote,” DOE Secretary Zenaida Monsada said at the sidelines of the Philippine Heart Center Solar Panel Inauguration Tuesday.

S h e n o t e d t h at t h e depar tment exp ec ts an a d d it i on a l c ap a c it y of 450 megawatts (MW) for

Mindanao by the first quarter of 2016.

For his part, Energ y Utilization Management Bureau (EUMB) director Atty. Patrick Aquino said the first unit of Therma South, Inc. is already online.

Aquino added that San Miguel’s power plant in Malita, Davao will start power/PAGE 7

Mindanao eyed as manufacturing hub of rubber products

By Mindanews

ZAMBOANGA City -- The scheduled two-day Philippine Rubber Investment and Market Encounter (PRIME) 2015 on Nov. 10 and 11 in Davao City aims to position Mindanao as the rubber product manufacturing hub since the region supplies 99 percent of the country’s natural rubber production.

Dr. Sitti Amina Jain, Department of Trade and Industry regional director, made this announcement Monday citing it was high time for rubber producers in Mindanao to venture into manufacturing.

Jain, who is also the national coordinator for rubber industry cluster, said “we are now rubber/PAGE 7

REST IN PINK. A life plan company displays a pink coffin at a memorial park in Malaybalay City on Sunday. mindanews photo by h . marcos c . mordeno

ARMM posts P600-M investment for 2015

By APIPA BAGUMBARAN, Contributor

MARAWI City -- The Regional Board of Investments in the Autonomous Region in Muslim Mindanao (RBOIARMM) registered P600 million worth of investments at the start of this year’s fourth

quarter creating at least 250 jobs for the region.

These investments were from the Maguindanao Energy Farms Inc. (MEFI) based in Simuay, Sultan Kud arat, Maguind anao

and Matling Industrial and Commercial Corp. (MICC) o p e r at i n g i n Mat l i n g , Malabang, Lanao del Sur. MEFI invested P400 million for a 474-hectare napier grass plantation. The plantation, with production investment/PAGE 7

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E conomy 2 DOLE implements internship program in Bukidnon 2013 ppi’S Best in Business and Economic Reporting

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ALENCIA City -The Department of Labor and Employment, Regional Office No. X (DOLE-X), throug h its Bu k i dnon Provincial Field Office (Bu k PFO) hire d four Government Internship

Program (GIP) beneficiaries for the period 1 July 2015 until 31 December 2015.

DOLE-X Regional Director R aymundo G. Agravante instructed all provincial heads of the strict implementation of the GIP. Bukidnon PFO Head

BROADCASTING DAILY AT 1368 ON AM BAND AND ON PARASAT CABLE TV AT CHANNEL 5

Raul L. Valmores reiterated that GIP is a component of the government’s Kabataan 2000 project under Executive Order No. 139 Series of 1993, which aimed to provide opportunities for young workers to serve the general public through the projects and services of government agencies and offices at both local and national.

“This program, facilitated by the DOLE, is for fresh graduates and undergraduates, enabling them to gain experience in the government offices,” said Valmores.

Jovelyn Sobito is assigned in the office of Barangay Hagkol while Misses Gealyn Mae Namata, Almarie Ann Rañoa, and Jerieldin Gitgano are deployed in DOLE-10 Bukidnon PFO. All are fresh graduates of Bachelor

Partylist is in all support to D OLE Programs, at the same time giving his assurance for more years

of Public Administration, major in Local Governance in Bukidnon State University in Malaybalay City.

Namat a, R año a and Gitgano expressed their gratitude to the department, “We are thankful for this opportunity in equipping us with work experiences for g re ater chances of employability in the near future.”

“Through this experience we are trained to build our confidence for the future opportunities. We realized that all the hardships we went through were just spices in life and that poverty is never a hindrance in achieving one’s goal. We are thankful that the government has this help and in return, we, young workers must strive harder.”

Congressman Edgardo R. Masongsong, of 1-CARE

of partnership. (Reyna L. Tagailo, LEO III/DOLE-X/ Bukidnon Provincial Field Office)

LBP sets release of delayed cash grants of Pantawid Pamilya AFTER receiving issues on the delayed release of cash grants for the beneficiaries of Pantawid Pamilyang Pilipino Program (Pantawid Pamilya), the Land Bank of the Philippines (LBP) is set to pay beneficiaries this November.

In the advisory sent by the finance unit of Pantawid Pamilya of the Department of S o c i a l We l f a re a n d Development (DSWD) Field

Office 10, LBP will pay the long overdue cash grants of beneficiaries under Period 1 which covers January to February 2015 compliance of the grantees.

The delay for Period 1 payment was reportedly due to the bidding processes of LBP in looking for its overthe-counter payments service provider.

Currently, Mindanao lbp/PAGE 7

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More Power! An Entrepreneur’s Road Map to SUCCESS

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NELSON CONSTANTINO Editor-in-Chief

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Decide Your Destiny

T

hink a minute…A man was cleaning his car with a special brush when a little girl who had been watching him said, “My daddy has a brush like that to clean his car too.” “Really!” said the man. “What kind of car does your daddy have?” The little girl answered: “Oh, he hasn’t got the car yet, but he’s got the brush to clean it.” Well, I suppose you have to start somewhere! The important thing is that you do get started.

And to do that, we first have to decide what kind of life we want.

It’s strange how many of us want to live forever, when we can’t even decide what to do with our life now! Like the guy who said: “I’m going to stop putting things off, starting tomorrow.”

You see, even if others have made decisions for you, you can still decide how you’ll respond and handle the life that’s been handed to you. You still have control of your own attitudes. Happiness is an attitude and choice, no matter what situation you’re in. Remember, you can always find someone worse off than you whom you can help.

It’s only when we stop looking at our own problems and reach out to make others happy, that we ourselves can be truly happy.

But if you choose not to make a decision, that also is your decision you’ll live with. There are many smart, talented people who have never enjoyed the success they could have, simply because they

THINK

A Minute

Jhan Tiafau Hurst could not make a decision and discipline themselves to follow through with it.

Remember, if your life doesn’t change, it’s going stay the same!

It’s that simple. So to move on from where you are, you must first decide where you’d rather be. If you can’t change your mind, you can’t change your life. “The moment you’re through changing, you’re through!” The great writer Tolstoy said: “Everyone wants to change the world, but no one wants to change himself.” So ask yourself right now: What’s the one decision I need to make to change my life? The smartest one you can make is to ask your own Maker to take control of your life every day. Then with Jesus’ power, you can start making the best choices that will change you and give you the new life you want. In fact, you can decide your destiny today.

Just Think a Minute…

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Wh a t d o e s y o u r company stand to gain from encouraging its employees to express themselves? The answer: productivity and innovation—the bread and butter of any forward-thinking

business. When your employees feel free to express themselves, they find unique and fulfilling ways to contribute to the value of the company.

This, in turn, engenders a desire to commit to your company’s longterm success. The following are ways in which you can help your employees express better themselves in the workplace: • Give employees a judgment-free platform for posting any questions, comments, or concerns they have regarding the policies of the company.

• Encourage

employees at all levels to submit custom solutions to company problems.

• Allot employees’ personal time to pursue unique work-related projects. Google has applied this principle with overwhelming success.

• Relax company policies on dress code, conduct, computer time, and breaks as much as possible.

Happier employees result in a more active and creative environment.

• Soften hierarchal and departmental boundaries by e n c o u r a g i n g

transparency, communication, and teamwork.

• Eliminate meaningless metrics of employee satisfaction, such as paper surveys, and promote face-toface dialogues instead.

By encouraging your employees to form a deeper relationship with your company, you foster a sense of mutual purpose between employee and company. Try some or all of these suggestions, and chances are you will see a concrete improvement in turnover rates and employee satisfaction.

M&A Resource Training and Publishing Inc. 18 B Tan Leh Apartment Pacana-Burgos Sts. Cagayan de Oro City 9000, Philippines

PAO helps others while its lawyers are unpaid?

L

IFE’S INSPIRATIONS: “… For it is God’s will that by doing good you should silence the ignorant talk of foolish people…” (1 Peter 2:15, the Holy Bible).

-ooo PAO HELPS OTHERS WHILE IT S LAWYERS ARE UNPAID? I commend lawyer Persida Rueda Acosta, national chief of the Public Attorneys Office (PAO) of the Department of Justice, in her immediate offer of assistance to those who maybe victimized by the so-called “tanim bala” syndicate at the Ninoy Aquino International Airport, because victims do need immediate legal help.

But I wish that she would also attend, with similar dispatch, to complaints that there are lawyers of the PAO who have not been paid their salaries despite having already completed their work. Indeed, this maybe the reason why, according to some poor litigants, some PAO personnel resort to demanding fees for their s e r v i c e s , w he n t hat i s supposed to be for free.

I hope my informants are wrong about this claim.

But, indeed, charity begins at home. Before battling the problems of others, we should all endeavor to resolve

our problems first, not only because that will make us more effective in helping others, but more so because it is our duty to look after our own at all times.

-ooo WHY NO INTEREST IN PCOS SOURCE CODE REVIEW? I cannot understand why the major political parties participating and which have big stakes in the upcoming 2016 elections have been shying away from the on-going source code review for precinct count optical scan (PCOS) machines sponsored by the Commission on Elections at the St. Andrews Hall of the De La Salle University in Manila.

We have heard of many complaints from various g ro up s a n d i nt e re s t e d individuals, to the effect that rampant computerized cheating characterized the 2010 and the 2013 elections, on account of the alleged refusal of the Comelec to allow a review of the PCOS source code (or the set of computer instructions that will be used to run the PCOS machines during elections).

So, how come major political parties appear uninterested in, at the very least, witnessing the review

of the source code being spearheaded by the Comelec at De La Salle University? I can only proffer two guesses: one, that they are not really interested to win, or two, they know they will win anyway, with or without a review of the source code.

-ooo HUNGER, POVERTY: D I R E C T R E S U LT O F UNGODLINESS: So, more Filipinos have gone hungry in the last several months, proving once again that nothing substantial and nothing beneficial really came out of the economic p olicies of the Aquino government, and despite its claims of economic boom during the last five years that it is in power.

If the truth be told, hunger and poverty took a turn for the worst while President Aquino was trumpeting his government’s supposed economic gains. Indeed, if there was any economic success in the country, it benefitted only the already rich and powerful, but never the poor who have always remained poor, and whose poverty only increased all the more under Aquino.

Why is this happening?

Well, we have been told by the Bible, in its Deuteronomy

K akampi

Mo A ng Batas

Atty. Batas Mauricio 28:15 and 20, that people will continue to be afflicted with poverty, with rebuke and with dissension, for as long as they continue refusing to listen to the Word of God, the Bible, and for as long as we continue being hardheaded, refusing to obey God’s commands.

-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 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, 0917 984 24 68.

E mai l : b at as mau r i c i o @ yahoo.com.

Discipline is based on pride, on meticulous attention to details, and on mutual respect and confidence.

Discipline must be a habit so ingrained that it is stronger than the excitement of the goal or the fear of failure.

-- Gary Ryan Blair VISIT OUR WEB PORTAL

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DA awards more than P1.3 B-worth of farm assistance to R-10 Dalwangan, Malaybalay City, Bukidnon – To further mechanize and upgrade the region’s agriculture sector, the Department of AgricultureRegional Field Office 10 (DA-RF0 10) turned over more than P1.3 billion worth of projects and interventions to local government units and farmers, as part of the 22nd Farmers’ Field Days and Techno-Forum, held at the Northern Mindanao Agricultural Crops and Livestock Research Complex (NMACLRC), on October 27-29, 2015.

As a highlight of the said event, DA Secretary Proceso J. Alcala, together with Undersecretary Emerson U. Palad, witnessed and facilitated the turnover of machineries, equipment, projects, livestock and seeds to beneficiaries under the Ag r i - Pi noy r i c e, c or n , livestock and high value crops programs of DA, including that of the Philippine Rural Development Project (PRDP) and other special projects of the department.

The turnover was in itself a spectacle as the Secretary remarked, “Sa katunayan po, medyo malaki po ang daladala naming ipamamahagi ngayon. Ngayon po ang ating proyektong ipamimigay ay hindi lang po maliit na halaga.

Ito po ay nagkakahalaga ng

mahigit 1.3 billion pesos para sa inyong rehiyon (In fact, what we are giving today is quite huge. Today, we will not be only giving a small worth of projects, but an amount of more than P1.3 billlion for your region)”.

Machineries and equipment turned-over were: 6 mini 4WD tractors, 2 combine harvesters and 16 power tillers (turtle type) for rice beneficiaries; 7 hand tractors for HVCDP beneficiaries; and 9 farm tractors, 4 cassava diggers, 5 cassava graters and 2 grain dryers for corn beneficiaries.

Three multi-purpose drying pavements were also awarded to the Payapa at Masaganang Pamayanan (PAMANA) project. In total, the mentioned facilities amount to P34.9 million.

FMR projects were also turned-over to the Province of Camiguin with an amount of P40M; to PRDP with an amount of P1.2B; and to the Bottom-up Budgeting (BUB) project with an amount of P12.9M. Indemnity checks worth P1.7M were also given to the Philippine Crops Insurance C or p orat ion (PCIC).

Aside from these, 5 head carabaos, 5 head cattle and 3 packets of goat, as well as 100 bags of rice seeds and 100 bags of OPV corn

DA Secretary Alcala, together with USec. Emerson U. Palad and DA-RFO 10 Regional Director Lealyn A. Ramos, awards the PLGU of Camiguin with an FMR project worth P40M during DA 10-NMACLRC’s 22nd Farmers’ Field Days.

seeds, amounting to P6.76 thousand, were also awarded to farmers.

In an open forum during the event, farmer-leaders present also addressed their agricultural concerns such as: additional machinery assistance, construction of farm-to-market roads (FMRs) to conduction of trainings, among others, for their respective groups, municipalities and provinces,

to the Secretar y, USec. Palad, DA-RFO 10 Regional Director Lealyn A. Ramos and Assistant Regional Director Constancio Maghanoy, Jr. C o n s e q u e n t l y, a groundbreaking ceremony for the construction of 2 FMRs for the municipalities of Manolo Fortich, Bukidnon and C alamba, Mis amis Occidental, totaling to P1.3M, was conducted.

During the three-day farmers’ field days, more than 2,300 participants c o mp o s e d o f f a r m e r s , students, government leaders and employees, joined and witnessed the activities showcasing 80 agri-livestock technologies with emphasis on organic farming.

This year’s Farmers’ Field Days was centered on the theme: More than Two Decades of Technology

D e velopment, Transfer and Adoption: Bridging a Pro ge ss ive Nor t he r n Mindanao towards ASEAN Competitiveness, aiming to enrich Northern Mindanao farmers’ knowledge and abilities on agricultural technologies to increase their production and income and equip them to compete in the ASEAN market. # (MCLPaylaga, DA-RAFIS 10)

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C orporateWorld 6 Puregold to buy back more shares 2013 ppi’S Best in Business and Economic Reporting

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UREGOLD Price Club, Inc., owned by billionaire Lucio and Susan Co, is buying more of its shares in the m ar k e t an d am en d i ng its charter to reflect its foray into the remittance business.

The supermarket operator told the stock e xch ange ye s te rd ay it s board of directors approved the renewal of its authority to purchase Puregold shares in the open market.

Puregold approved a P1billion buy-back program last year, but less than P50 million worth of shares have been purchased since then, Puregold Investor Relations Officer John T. Hao said in a phone interview.

“It’s just a continuation of t h e pro g r a m w h i c h started last year.

Madami pa kasing natira (There’s still a lot left),” Mr. Hao said.

Likewise, the retailer i s a d d i n g “r e m i t t a n c e operation” in its Articles of Incorporation in compliance with the requirements of the Bangko Sentral ng Pilipinas (BSP), Mr. Hao said.

Puregold started offering re m itt an c e s e r v i c e s i n January last year to test the business using a pl at for m d e vel op e d by Globe Telecom, Inc.’s mobile money service GCash.

I n J u l y, P u r e g o l d expanded the company’s pure cash remittance business through PurePadala. The ser vice gives OFWs an option to convert the money they sent home into grocery items or be used to pay for utilities

and education -- making the retailer a “one-stop shop” for consumers and setting apart Puregold from its rivals.

Remittances fuel consumer spending, a key driver of the country’s gross domestic product (GDP).

The amount of money

sent home by OFWs dropp ed 0.6% year-onyear in August -- the first monthly decline since April 2003 -- to $2.04 billion, t he B ang ko S e nt r a l ng Pilipinas (BSP) said. The eight-month tally was up by 4.1% to $16.21 billion. The government expects $25.6

billion in remittances for 2015, up 5% year-on-year.

At end-June, Puregold was operating 258 stores nationwide including nine S&R Membership Shopping stores and 10 S&R New York Style pizza stores.

From 2015 to 2019, the listed retailer is rolling

out 1 2 5 n e w s t ore s - equivalent to 25 stores every year -- that will bring its total branch network to 358 stores, excluding acquisitions.

Puregold saw a 21.1% rise in first-semester bottom line to P2 billion from yearago’s P1.66 billion.

ROYAL VECTORS EAGLES CLUB feeding program @ indahag on October 24, 2015

Vista Land launches Cebu project A UNIT of Vista Land & Lifescapes, Inc. is riding on the booming real estate sector in Cebu with the development of Vista Suarez Cebu, a twin-tower mixeduse development.

C onsidered as Vista Residences, Inc.’s most ambitious project in the Visayas, Vista Suarez Cebu will have hotel and residential components and will rise on Gorordo Avenue, in the middle of the metro’s key hubs: Fuente Osmeña Circle, the Cebu Provincial Capitol, and the Cebu Business Park, the property developer said in a statement.

The sixth to the 14th floor of Vista Suarez will

be run as a hotel, while the 15th to the 28th floor will make up condotel or serviced residences, providing the owners the option to have their units leased out to short- or long-term staying guests for investments.

Monthly rental rate in the area is approximately at P800-P1,000 per square meter (sqm.), Vista Land said.

“With the business and lifestyle dynamic Cebu has to offer, and the growth predicted for this busy metro, leasing opportunities are immense,” Vista Land said. “ C e b u i s Vi s a y a s Mindanao’s key business hub. This means not only

is the expat and employee population on the rise, but the number of schools and universities the city has to offer signifies a major growth in the student population as well,” it added.

At the top four floors will be residential studios, one- and two-bedroom flats, and penthouse suites.

Cebu is in the middle of a real estate boom, anchored on the city’s growing economy that spurred demand for homes, offices, recreational as well as hotel facilities.

In 2012, real estate became C ebu’s f aste st - g row i ng sector, with a revenue growth rate of 18.8%, Vista Land said.

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Power... from page 1

commissioning next month, while it is expected to start commercial operations by the first quarter of next year.

The secretary also assured the right-of-way (ROW) issues in Mindanao is being solved through inter-agency efforts, comprised of local government units (LGUs), the Philippine National Police (PNP) and the Philippine Army (PA).

L a s t w e e k , a b om b exploded in Marawi City, d e s t roy i ng t wo of t h e transmission towers of g r id-op erator Nat iona l Grid Corporation of the Philippines (NGCP), which carries the power lines connecting the Mindanao grid to Agus 1 and 2.

Monsada explained that the bombing is likely not election related, as one tower was blown into smithereens early this year.

She called on the public to report suspicious-looking men to the authorities.

Monsada stressed another possible bombing along the Agus power plant was prevented due to reports from the public.

With the expected surplus, on the other hand, Monsada said the DOE has tapped the Philippine Electricity Market Corp. (PEMC) to prepare for the Wholesale Electricity Spot Market (WESM) integration of Mindanao through a report.

She added that the report will likely be completed by the first quarter of next year.

It consists of the preparations of generation companies and

distribution utilities.

The secretary also said the DOE expects the surplus of power supply in Mindanao by the second quarter of next year, adding a market should be activated by that time.

Monsada bared the El Niño phenomenon had pushed back the excess in power capacity for Mindanao to the second quarter of 2016, which was initially expected during the first quarter.

On Tuesday, the NGCP also said in a statement that the Mindanao grid was on red alert, with a shortage of 40 megawatts.

The grid operator stressed the power supply was improved by the return of coal-fired STEAG State Power Inc. (SPI) and the Mt. Apo geothermal, as power from Agus 1 and 2 was cut due to the bombing last week.

NG C P assu re d it is working to restore the BaloiAgus 2 line.

The grid operator appeals to the public to help monitor the safety of its towers.

“If anyone sees anything suspicious at or around our towers and facilities, please inform us immediately.

You may text us your tips and other information at 09178791077,” NGCP said.

(PNA)

Rubber... from page 1

position Mindanao as the manufacturing hub since all of Mindanao’s six regions are rubber-producing areas.

“Our vision is for the local businessmen in Mindanao to lead in investing in rubber pro duc t manufac turing

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA - JUDICIAL SALE EJF No.: 197-07-2015 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the 1st Valley Bank, INC., Baroy Lanao del Norte against JASSPER ARTAJO MONTECINO. Poblacion Baroy, Lanao del Norte to satisfy the indebtedness which as of September 1, 2015 amounting to THREE HUNDRED THOUSAND PESOS ONLY (Php 300,000.00) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 9th day of December 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Provincial Capitol of Lanao del Norte, Pigcarangan, Tubod, Lanao del Norte to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: TRANSFER CERFTIFICATE OF TITLE No. T-27-483 A parcel of land (Lot 5 of the consolidation- subdivision plan (LRC) Pcs-6039 being a portion of the consolidation of Lots D & E, described on plan (LRC) Psd-38116, LRC Records No. (R. Pat.), situated in the Barrio of Baroy, Municipal of Kolambugan, Province of Lanao. Bounded on the NE., SE., SW., and NW., points 2 to 4 to 1 and 1 to 2,

by Lot 13 of the consolidation- subdivision pls Beginning at a point, marked ”1” on plan being S. 23 deg. 12’8., 1047.50 a.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this October 13, 2015.

For the Clerk of Court and Ex-Officio Sheriff

before others will come,” Jain said.

She said one of the areas being eyed as manufacturing hub is the Zamboanga City Special Economic Z one Authority and Freeport or Zamboecozone.

“Zamboanga Peninsula is the country’s number one rubber producing region translating to almost 40 percent of the total natural rubber production. We are looking at Zamboecozone as a good destination for rubber pro duc t manufac turing because they have incentives that we can dangle to our potential investors,” she said.

She said they are also promoting the province of Zamboanga Sibugay being the biggest rubber producer in the Zamboanga Peninsula.

Arnold Yap, DTI’s regional rubber industry focal person, said 2014 records showed that Region 9 has an area of 86,452 hectares planted to rubber with a production of 191,610 metric tons.

Yap said 70,205 of the 86,452 hectares planted to rubber are located in Zamboanga Sibugay. The province’ rubber production is 143,084.22 MT. Jain stressed the rubber industry, through manufacturing, could further contribute to the nation’s economy.

She said there is only one car tire manufacturer in the country, the Yokohama Tire Philippines Inc., and two motorcycle tire manufacturers.

“If we can encourage more to go into motorcycle tire manufacturing in Mindanao, it would be very beneficial for Mindanao, and this is what we intend to do in the conduct of PRIME 2015,” she said.

She said the government’s vision for the rubber i n d u s t r y i s “f o r l o c a l producers to venture into manufacturing so that by 2030 the Philippines will be able to position rubber pro du c t s i n t h e wor l d market.”

PRIME 2015 is expected to gather 750 rubber industry players from nine regions in the country, all six regions in Mindanao, two from Luzon, namely Regions 4A and 4B, and Region VII or Central Visayas.

As of last week, Jain said 650 participants had signified their intent to attend the gathering. “ We a r e i n v i t i n g buyers, pro ducers, and manufacturers because there will be business and market matching,” she said.

She said they invited seven international speakers who are all experts in the field of rubber industry.

They include Sheela Thomas, secretary general of Kuala Lumpur-based Association of Natural Rubber Producing Counties; Dr. Dar Wong, one of Singapore’s best consultants; and Dr. Abdel Aziz Kabir, secretary general of International Rubber Research and Development Board. (MindaNews)

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA-JUDICIAL SALE EJF No.:195-07-2015 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK INC., A Rural Bank Kolambugan Lanao del Norte against SPS. AVELINO S. CUANAN & LIBRADA N. CUANAN, Purok 6 Lower Lamac, Oroquieta City to satisfy the indebtedness which as of June 22, 2015 amounting to ONE HUNDRED SEVENTY SIX THOUSAND FOUR HUNDRED TWENTY SEVEN &72/100 PESOS ONLY ( Php 176,427.72) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 9th day of December 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Provincial Capitol Lanao del Norte, Pigcarangan, Tubod, Lanao del Norte to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements, to wit: ORIGINAL CERTIFICATE OF TITLE NO. P17 294 A parcel of land with all the improvements thereon, (known as Lot No. 7166-10, Csd-10-015182-D; situated in Barrio of Libertad, Kolambugan, Lanao del Norte , Philippines, Island of Mindanao. Bounded on the EAST, along line 1-2 by Lot 7166-12 Csd-10-015182-D; on the SOUTH, along line 2-3 by Lot 7166-11,Csd-10-015182-D; on the WEST, along line 3-4 by Lot 7166-9, Csd-015182-D; and on the NORTH, along line 4-1 by a road.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte , Philippines, this October 13, 2015.

For the Clerk of Court and Ex-Officio Sheriff

Investment... from page 1

capacity of 256,133 metric tons per annum, will be used to supply the fuel needs of Lamsan Power Plant located in Simuay.

Napier is a highly valued industrial crop, a good source of biomass energy, which will naturally regenerate after a reasonable length of time.

Lawyer Ishak V. Mastura, RBOI-ARMM chairperson said the addition of MEFI on the list of existing renewable energy projects registered with this office signifies a growing number of investors in alternative sources of energy such as biomass.

“Such proj e c ts are included in the 2014-2016 ARMM Investments Priorities Plan that promotes and supports economic activities for sustainable and clean sources of energy and to secure power supply for the future. About 23 percent of total investments from 2012 to the present in ARMM are into renewable energy,” Mastura said.

MICC, on the other hand, invested P194 million for an expansion and modernization project by setting up a new cassava starch-milling plant.

The new plant is expected to yield approximately 13,216 metric tons, or 260,000 bags annually.

MICC is one of the pioneering and most enduring cassava starch companies in the country, which was established in September

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2014 ppi’S Best in ENVIRONMENTAL Reporting

1928.

As of the third quarter of 2 0 1 5 , R B OI - A R M M registered a total of P6 billion investments, the biggest in the history of ARMM. Regional Governor Mujiv Hataman said “investments will continue to come in the region as long as there is sustained peace and stability.”

LBP...

from page 2

Alliance of Self-help Societies- Southern Philippines Educational Cooperative Center (MASSSPECC) serves as the service provider of LBP for the payout.

Meanwhile, LBP has yet to pay the beneficiaries in 16 localities in northern Mindanao for its compliance of the conditionalities within June and July 2015.

LBP postponed anew the payment of the 16 affected localities reportedly due to some internal factors that need immediate resolutions b etwe en LBP and LB C Express.

DSWD Field Office 10 regional director, Atty.

Araceli F. Solamillo said that the Department acknowledges the concern of the beneficiaries not receiving their grants considering that it should augment their family expenses.

The DSWD is currently lobbying with LBP to fast track the pay-out of unpaid cash grants.(Charmaine P. Tadlas/DSWD10/PIA10)

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA - JUDICIAL SALE EJF No.: 198-07-2015 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK, INC., A Rural Bank Kolambugan Lanao del Norte against DANILO S. ENRICOSO, Poblacion, Tubod Lanao del Norte to satisfy the indebtedness which as of June 22, 2015 amounting to ONE HUNDRED FIFTY THOUSAND NINE HUNDRED FORTY ONE & 64/100 PESOS ONLY (Php 150,941.64) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 9th day of December 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Provincial Capitol of Lanao del Norte , Pigcarangan, Tubod, Lanao del Norte to the highest bidder for cash or manager’s check and in the Philippine Currency, the following property with all its improvements, to wit: TRANSFER CERTIFICATE OF TITLE No. T-18,682 Lot – 18 –D-1-F, Psd-12-022911 A parcel of land 1 8-D-1-F of the subd. Plan Psd-12022911), being a portion of Lot 18-D-1-Psd-123522-020300 situated in the Barrio of Poblacion, Municipality of Tubod, Province of Lanao del Norte, Island of Mindanao. Bounded on the SE., along line 1-2 by Alley; on the SW., along line 2-3 by an Alley; on the NW., along line 3-4 by Lot 18-D1G (Asiscleta Palad); on the NE., along line 4-1 by Lot 18-D-1-E, all of the subd. Plan “All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte, Philippines, this October 13, 2015.

For the Clerk of Court and Ex-Officio Sheriff

(SGD.) CONRADO V. HINGCO, JR. Sheriff

(SGD.) CONRADO V. HINGCO, JR. Sheriff

(SGD.) CONRADO V. HINGCO, JR. Sheriff

BWM: Oct. 28, Nov. 4 & 11, 2015

BWM: Oct. 28, Nov. 4 & 11, 2015

BWM: Oct. 28, Nov. 4 & 11, 2015

wednesday | november 4, 2015

page 8

A total of 29 exhibitors from the medical industry in Cagayan de Oro City participated in the 1st Mindanao Medical Expo at Centrio Ayala Mall, happening from November 3 to 5, 2015. The expo aims to showcase hospital facilities, state-of-the-art supplies and equipment, and medical services that this part of the region could be proud of. Aside from the exposure, this three-day event will give out series of seminars that will tackle on important health topics such as HIV-TB campaign, childhood allergies and asthma, menstruation and adolescence. This event is organized by the Misamis Oriental Medical Society (MOMS) in cooperation with Mindanao Daily News, BusinessWeek Mindanao Corp. and Department of Health (DOH) – Region 10. In the photo are some of the expo participants, together with DOH-10 Regional Director Nimfa Torrizo (sixth from left), Med Expo Chairman Dra. Rachel D. Dilla (fifth from left), and BusinessWeek Mindanao Corporation President and CEO Dante M. Sudaria (second from the left). photo by irene dayo

BusinessWeek MINDANAO

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wednesday | november 4, 2015

Editor: Cheng Ordoñez

YOUR Mindanao-wide BUSINESS paper

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M’danao Med Expo drums up positive healthcare market

By Cheng Ordonez Executive Editor

PRIVADO SALE AT THE SM STORE

C

AGAYAN DE ORO CITY -- The Misamis Oriental Medical Society (MOMS), the Mindanao Daily News and BusinessWeek Mindanao, in cooperation with the Department of Health, play host to the 1st Mindanao Medical Expo 2015, showcasing medical services and exhibition on hospital, diagnostic, pharmaceutical, medical and rehabilitation equipment and supplies.

At least, 29 exhibitors join the opening of the 1st Mindanao Medical Expo 2015 on Tuesday, November 3, at the activity center of Ayala Centrio, here.

A peculiar industry to support with, the MOMS, under the leadership of Dr. Ferdie Miranda, president and overall expo chairman, gives boost to the first-

It’s the Privado Branded Accessories Sale from November 14-17 at all The SM Store branches nationwide! Get up to 50% off on more than 100 luxury brands of eyewear, watches and jewelry such as RayBan, Esprit, Tommy Hilfiger, , F&C, Rado, Timex, Quicksilver and a lot more when you visit us with your SM Advantage, SM Prestige, BDO Rewards and Mom card. What are you waiting for?

Glam up for the season with the greatest deals at Privado Branded Accessories Sale!

Per DTI FTEB - SPD permit no. 15541 Series of 2015

ever expo amidst positive healthcare market in the region.

The 1st Medical Expo 2015 enjoys the full backing of prominent health bodies, including the Department of Health in Nothern Mindanao (DOH-10), and MOMS,

which has members across hospitals and clinics in the region.

Philippine Business For Social Progress (PBSP) and Global Fund copresent the 1st Mindanao Medical Expo 2015, which has as a theme, “Doctors Creating Health Awareness

through Community Partnership.”

Dr. Rachel Dilla, chairperson of the Mindanao Medical Expo 2015, acknowledged the support, as partners, of the Department of Health, the JR Borja General expo/PAGE B3

Booming Surigao del Sur Tourism Industry

By Joe P. Palabao, Editor-at-Large

Tandag City, Surigao del Sur – With almost seventy thousand (70,000) foreign, domestic and local tourists annual arrivals and with an estimated 30 Million revenue has catapulted Surigao del Sur as a booming province for

tourism industry and is considered as one of the most favored destinations in the country today.

Well paved road network by the National and Local Government, its nature’s prowess, hemmed by emerald

mountains, clad in dense wilderness, coastline with turquoise waters, pristine beaches, bountiful pastoral lands, awesome waterfalls running from rainforests, enchanted and mysterious rivers, mesmerizing and beautiful

islands, developed tourist destinations have contributed to the province of Surigao del Sur attributes’ to be a leading player in the tourism industry of Mindanao.

full story/PAGE B2

BusinessWeek MINDANAO

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Feature

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Surigao del Sur Provincial Capitol

Booming Surigao del Sur Tourism Industry

By Joe P. Palabao, Editor-at-Large

Tandag City, Surigao del Sur – With almost seventy thousand (70,000) foreign, domestic and local tourists annual arrivals and with an estimated 30 Million revenue has catapulted Surigao del Sur as a booming province for tourism industry and is considered as one of the most favored destinations in the country today.

Well paved road network by the National and Local Government, its nature’s prowess, hemmed by emerald mountains, clad in dense wilderness, coastline with turquoise waters, pristine beaches, bountiful pastoral lands, awesome waterfalls running from rainforests, enchanted and mysterious rivers, mesmerizing and beautiful islands, developed tourist destinations have contributed to the province of Surigao del Sur attributes’ to be a leading player in the tourism industry of Mindanao.

Through the able leadership of the dynamic Provincial Governor Johnny T. Pimentel, Surigao del Sur is soaring up high as a balanced and well-developed agricultural forestry and eco-tourism communities. Development of socio-economic condition through sustainable utilization and management of natural resources and improvement of eco-tourism communities are given priority by the province for the empowerment and sustained economic growth.

Catapulting Surigao del Sur as one of the

country booming tourism destinations are: TINUYUAN FALLS situated at Sitio Sote, Barangay Borboanan, Bislig City. Tinuyuan Falls is one of the most visited tourist spots and attractions in Surigao del Sur. It is one of Mother Nature’s stunning, beautiful, mesmerizing gifts to the Philippines.

The majestic 3-tiered waterfall is being referred to as “Little Niagara of the Philippines”. It is a spectacular 3-tiered falls whose beauty is beyond the capacity of human describing.

Another must see destination in Surigao del Sur is the INTERNATIONAL DOLL HOUSE & OCEAN VIEW POINT RESTAURANT. It is situated at Purok 6, Barangay Cumawas, Bislig City. The beautiful place is owned by a couple and are now residing in Zurich, Switzerland but they come once in a while to their amusing doll house.

Two hundred sixty plus steps has to be climbed before the reaching the structures. On top you see the different collections of dolls as well the gourmet cuisine of the restaurant.

The place housed hundreds and hundreds of dolls and they are being collected from the different parts of the globe. Dolls ranges from Babushka to Barbie and to the different rare and expensive dolls one can find in the world.

It is an awesome, and surprising information to note that the dolls in the International Doll House that hairs attached

Tinuy-an Falls

to the heads are coming from celebrities and wellknown personalities such as the daughter of a prime minister, known actress Marilyn Monroe, and the hair the King of PopMichael Jackson.

ENCHANTED RIVER situated at the picturesque Barangay Talisay, Municipality of Hinatuan, Surigao del Sur. Enchanted River is one of the most sought after destination in the country today. At the entrance of the mysterious cave many foreign, domestic and local tourists take a dip and swim and experience the tempting water and be enchanted with it.

Hinatuan Enchanted River is a mystery and a beauty beyond human comprehension. No one can fathom is abysmal depth, its secret, its enchantment keep on haunting to divers who dare to make a discovery of its mystical secret as they enter a mysterious cave with fathomless depth and be amazed, mesmerized of its abysmal depth-its beauty and enchantment.

It always haunts every diver who dares to make a discovery of this charmed blue lagoon only found in Hinatuan, Surigao del Sur for the world to experience.

Tourists are always enchanted to see the different kinds and colors of fish when they are fed by the caretakers of the area.

The different species of fish comes out from the deep and be seen at surface level when they hear the music being played and enjoy the feeds given to them. One

will be mesmerized to see the hues and colors of the school fish trying to catch bits of the feeds given to them.

CAGWAIT WHITE BEACH – Tourists and beach lovers never fail to be at Cagwait White Beach.

The ethereal and peaceful white beach is located at the town of Cagwait, Surigao del Sur. Lovers with adrenaline to romantic escapade should never miss to be in this beautiful and inviting and one of a kind beach in the world. Tourists and lovers saying sweet nothings and relaxing while their feet are buried in the fine sand of the beach.

To preserve the bounty and beauty of Cagwait White Beach Resort an annual KALIGUAN FESTIVAL is held by the residents of the area. It is also one of the most wellattended festival in Surigao del Sur. BRITANIA- Group of Islets. These beautiful and picturesque are situated

by Mother Nature at the progressive town of San Agustin (formerly the Municipality of Otieza), Surigao del Sur. Tourists can have an exciting Islet hopping- BOSTON ISLAND with its idyllic and unique landscape is an ideal place for sunbathing and overnight camping.

HIYOR-HIYORAN ISLAND- is a perfect place for swimming, snorkeling and beachcoming. It shoreline is a home to a variety of seashells, particularly, the little bear conch, locally known as “sikad-sikad.” HAGONOY ISLAND – Coined at the

Britania Islets

Enchanted River

Lovers’ Island and it is a perfect gate away for couples and romantic venue for their honeymoon and pre-nuptials pictorials.

It is also an ideal venue for overnight camping, star-gazing, swimming and snorkeling. NAKED ISLAND is a long stretch of pure powdery white sands lying idle and naked in the middle of the bluish green sea waters. It is an abode of a number of migratory birds, taking refuge on its long stretch of sands after a tedious flight.

KALUMONAN FESTIVAL- is held every August of the year. It is celebrated to reminisce and keep alive the spirit of close kinship of Kamayos.

It is a kind of an indelible mark that interconnects all Kamayo, that is the deeper bond for each other. A celebration depicting the local culture, beliefs and traditions and thanksgiving of graces showered to the people of San Agustin,

Surigao del Sur. From Bislig City to Tandag City, Surigao del Sur tourism development in each Local Government Units (LGUs) and sustained economic growth are always being given special concern by the Honorable Governor Johnny T. Pimentel. The Province of Surigao del Sur is in congruence and keeping pace with the “ONE BILLION TOURISTS & ONE BILLION OPPORTUNITIES” theme of the Department Tourism during its National Tourism Week Celebration last September 2015. Foresights of the dynamic Governor is in line with the theme for global tourism to reach One billion of tourists travelling throughout the world and give One billion opportunities for development and revenues both economic and personal gain of tourists and countries. MABUHAY ANG SURIGAO DEL SUR!

House of Dolls

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Expo... from page B1

Hospital, the City Health Office, non-government organizations, those from the business sector, the academe, the community, and from among the doctors who are practicing here in Northern Mindanao.

“Thank you for the warm cooperating hands you have extended for this momentous event,” Dr. Dilla said.

Dr. Dilla said the Mindanao expo was conceptualized with the purpose in mind to make known the existence of MOMS. “This will be a threeday affair, showcasing all the medical services that we are proud of in this part of the region,” Dr. Dilla said.

DOH-10 Regional Director Nimfa Torrizo said DOH brings into the forefront the importance of a collaborative approach to pursue stronger cross-referral mechanisms to reduce disease burden among patients.

For instance, in addressing the dreadful effects of such “dual scourge and terrible two” diseases, HIV-TB, a caravan/med expo will be undertaken and primarily sponsored by the DOH RO-10 through the Infectious Disease Cluster, NGO partners and the LGUs. Hence, Dr. Torrizo sees the 1st Mindanao Medical Expo 2015 as very timely and a laudable coordinative effort of the MOMS, BWM and MDN. Dante Sudaria, CEO and publisher of Mindanao Daily News and BusinessWeek Mindanao, said globally, the medical industry is one of the world’s fastest growing industries, absorbing over 10% of gross domestic product of most developed nations.

In Asia, the statistics are equally impressive with the boom in Asia mainly attributed to the ever increasing awareness and benefits of quality healthcare, upward trend of medical

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region OFFICE OF THE CLERK OF COURT EX-OFFICIO SHERIFF Tubod, Lanao del Norte NOTICE OF EXTRA- JUDICIAL SALE EJF.: 198-07-2015 Upon the Extra Judicial Petition for Sale under Act 3135/1508, as amended, filed by the MISAMIS BANK INC., A Rural Bank Kolambugan Lanao del Norte against GINA FE V. PACULBA (AIF OF FELIPE L. PACULBA SR. Purok 3 Libertad, Kolambugan, Lanao del Norte to satisfy the indebtedness which as of June 22, 2015 amounting to FOUR HUNDRED SIXTY FOUR THOUSAND TWO HUNDRED SEVENTY TWO & 03/100 PESOS ONLY (Php 464,272.03) excluding penalties, changes, attorney’s fee and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at Public Auction on 9th day of December 2015 at 10:00 AM or soon thereafter at the Regional Trial Court, Branch 07, Provincial Capitol of Lanao del Norte, Pingcarangan, Tubod, Lanao del Norte to the highest bidder for cash or manager’s check and in Philippine Currency, the following property with all its improvements to wit; ORIGINAL CERTIFICATE OF TITLE No. T-14,608 A parcel of land with all the improvements thereon known as Lot No. 7166-36, Csd -10-015182-D, situated at Libertad, Kolambugan, Lanao del Norte, Philippines.

Bounded on the E., along line 1-2 by National Highway; on the S., along Line 2-3 by Lot No. 7163, Csd-10-015182-D; on the W, along line 3-4 by Lot No. 7166-35, Csd-10015182-D, on the NW., along line 4-1 by Lot No. 7166-37, Csd-10-015182-D: Containing an area of ONE HUNDRED THIRTY THREE (133) SQUARE METERS. ORIGINAL CERTIFICATE OF TITLE No. T-14,609 A parcel of land with all the improvements thereon known as Lot No. 7166-37, Csd-10-015182-D; situated at Libertad, Kolambugan, Lanao del Norte, Philippines.

Bounded on the SW, along line 1-2 by Lot No. 7166-36, Csd-10-01582-D, on the NW, along line 2-3 by Lot No. 7166-35, Csd-10-015182-D; on the NW, along line 3-4 by Lot No. 7166-38, Csd-10-015182-D; and on the E., along line 4-1 by National Highway; Containing an area of ONE HUNDRED EIGHTY NINE (189) SQUARE METERS more or less.

“All sealed bids must be submitted to the undersigned on the above stated time and date.

Tubod, Lanao del Norte , Philippines, this October 13, 2015.

For the Clerk of Court and Ex-Officio Sheriff

tourism, rising ageing populations, higher life expectancies, and economic development.

With these information on hand, Sudaria said there is increased demand for quality healthcare products and services that media entities, like BWM and MDN, must help make available to the public.

Sudaria led in the acknowledgement of the hard work and support of DOH-10 Regional Director Torrizo, Dr. Fe Bongcas, medical director of CHO, Dr. Jose Chan, NMMC chief, Dr. Evelyn Perez of JRBGH, Dr. Miranda and Dr. Dilla, among others.

Day 2 of the medical expo involves the OB-Gyne Specialty Society to discuss adolescent health, which include understanding menstruation and pre-marital sex, the Philippine College Physicians, Philhealth, the Anesthesia Specialty Society and DOH-10 for its HIV-TB Campaign.

Day 3 involves the General Surgeons group, DOH-10 also for its HIV-TB Campaign and Philhealth.

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Red Ribbon launches ‘mas creamy sarap’ Polvoron for every Filipino home Everyone has that one special food item that brings memories of home. Arguably for Filipinos, this is the classic Polvoron.

Red Ribbon, one of the biggest bakeshops in the Philippines, introduces its Classic Polvoron—a delightful treat that bursts a meltin-your-mouth sweetness and creaminess, leaving an aftertaste that’s sure to make Filipinos grab for more.

According to Zinnia Rivera, general manager of Red Ribbon, the Classic Polvoron offers just the right amount of sweetness, with more “creamy sarap” goodness.

“The creamy taste of Polvoron has an empowering taste that brings Filipinos back to their childhood years,” Rivera said. “Since adults enjoy the rich, creamy taste of Polvoron, they now share their all-time favorite treat to their children. With Red Ribbon’s Classic Polvoron in place, children and adults alike will find our creamy variant more irresistible.”

The Red Ribbon Classic Polvoron comes in singles, pack of eights (8s) and box of 16s. The price ranges for each pack is P10, P73 and P143, respectively.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City R.B. VILLAROSA AND PARTNER CO., LTD., Mortgagee,

Rivera added, “What’s best about our Classic Polvoron is its sweet, creamy taste that’s perfect for mothers who want the best sweet treat for their kids’ recess or for the ates and kuyas out there who are looking for that sweet ending after a scrumptious meal.”

Aside from the Classic Polvoron, Red Ribbon also boasts its other Polvoron flavors. This includes the Pinipig Polvoron, which bursts with the same creamy goodness complemented by crunchy pinipig bits; and the Peanut Polvoron, which contains flavorful real peanut bits mixed with powdered milk and lightly toasted flour and butter. For families who want to taste all three flavours, they can opt to purchase the Assorted Polvoron Pack.

EJF FILE NO. 2015-220

-versus-

FOR: EXTRA-JUDICIAL

FORECLOSURE OF REAL

ESTATE MORTGAGE YOLANDO G. DOLLOSO married to JOSIE P. DOLLOSO Mortgagors.

X---------------------------------------------------------/ Upon extra-judicial petition for sale under Act 3135 as amended, filed by R. B. VILLAROSA and PARTNER CO., LTD., Mortgagee, against YOLANDO G. DOLLOSO married to JOSIE P. DOLLOSO, Mortgagors, with postal address at Lot 22 Block 17, Villa Trinitas Subd., Ph 1-B, Bugo, Cagayan de Oro City to satisfy the mortgage indebtedness which as of September 9, 2015 amounted to ONE HUNDRED NINETY NINE THOUSAND NINE HUNDRED SEVENTY TWO PESOS and 53/100 (Php199,972.53), Philippine Currency, exclusive of interest and attorney’s fees, the undersigned sheriff will sell at public auction on December 11, 2015 at 9:00 A.M. to 4:00P.M., at the Regional Trial Court, Branch 18, Hall of Justice (City Tourism Hall), 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. 66663 A PARCEL OF LAND (Lot 22, Block 17, Psd-10-015679, being a portion of Lot 1-B-2-E-9, (LRC) Psd-96900) situated in the Barrio of Bugo, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE HUNDRED TWENTY SIX (126) 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 herein above described and encumbrance thereon, if any there be.

Cagayan de Oro City, October 27, 2015.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

Rivera said, “We’re making it easier for Filipino families to enjoy all our Polvoron flavors in one pack at an affordable price.”

“Red Ribbon’s Polvoron products are popular delicacies that never fail to delight Filipino families,” Rivera added. “For its part, Red Ribbon Bakeshop will continue to innovate its products by improving the taste and design. We will continue to make greattasting confections that are guaranteed to delight families regardless of the occasion.”

Now on its 36th year, Red Ribbon continues to make each celebration—whether small or grand—even more special. To date, the popular bakeshop chain now has over 300 stores nationwide.

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region Branch 28 Mambajao, Camiguin IN THE MATTER OF DECLARATION OF PRESUMPTIVE DEATH OF ABSENT ALAN B. CENA, SPL. PROC. NO. 495 MARJIE P. CENA

Petitioner, -versusLOCAL CIVIL REGISTRY,

Respondent.

X---------- ----------------- / ORDER This is a petition for the declaration of presumptive death of Alan B. Cena which was filed by Marjie P. Cena on August 17, 2015. The petitioner prayed that absent Alan B. Cena be declared presumptively dead for the purpose of the settlement of the latter’s estate.

Finding the petition to be sufficient in form and substance, the Court hereby sets the same for initial hearing on December 14, 2015, at 8:30 a.m.

The petitioner is hereby directed to cause the publication of this Order once a week for three (3) consecutive weeks in a newspaper of general circulation in the province of Camiguin. The petitioner is further directed to furnish the office of the Solicitor General with a copy of the petition, including its annexes.

Any concerned person may contest the petition by filing an opposition in writing stating therein the grounds for the opposition and serving a copy thereof on the petitioner on or before the date of hearing.

Let a copy of this Order be sent to Alan B. Cena at his last known address, 458 MRR Manggahan, Pasig City.

SO ORDERED Mambajao, Camiguin, September 22, 2015.

(SGD.) CONRADO V. HINGCO, JR. Sheriff

(SGD.) NIZA P. TACANDONG

Sheriff IV

(SGD.) GIOVANNI ALFRED H. NAVARRO

Acting Presiding Judge

BWM: Oct. 28, Nov. 4 & 11, 2015

BWM: November 4, 11 & 18, 2015

BWM: Oct. 21, 28 & Nov. 4, 2015

B4

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

wednesday|november 4, 2015

MOMS First Interhospital Sportsfest 2015 the Interhospital Basketball tournament (initiated by Dr. Dahilayan, Victor Jose Peña) Mangrove tree and expand the planting at Alubijid and fund competition to several other raising programs for the benefit of categories.

Team sports such cancer patients as Volleyball, of Northern Football, and Mindanao Cancer Detection Badminton commenced Center some on October 04, gathered extra 2015 at Maria time to create Reyna Xavier an event that University Hospital will strengthen the bond among covered court while Swimming, healthcare Bowling, Billiards providers; and Dart games hence, the first await the interhospital November 15, sportsfest was 2015 scheduled born.

This idea came tournament and about during one final day of the sportsfest to be of the monthly held at Xavier board meetings Sports Club. of the society.

Nine (9) In July 2015, it hospitals was decided registered in this that MOMS will event with over participate in 600 participants. the success of

Written by: Dr. Mitchel B. Gonzalez Chaiman: 1st Interhospital Sportsfest 2015

M

isamis Oriental Medical Society, MOMS as we fondly call it, has mutltiple programs within the year to promote health and provide services to the people of Region X. MOMS’ Officers for 20152016 led by Dr. Ferdinand Miranda continued the efforts of the previous board members to uplift the welfare of our people through partnership with all the physicians in the region. As members of this society engage in different activities ranging from medical missions in Brgy.

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It was through the efforts of the hospitals and the respective sports coordinators that this tournament transpired. Maria Reyna Xavier University Hospital (Mr. Melfrance Petalcorin and Romeo Agad), Camp Evangelista Station Hospital (Msg. Bonifacio Espineli), Capitol University Medical City (Mr. Greg Jardin and Dax Hallazgo), Northern Mindanao Medical Center (Mr. Mario Galon), Cagayan de Oro Medical Center (Ms. Shane Malimas), JR Borja General Hospital (Dr. Michael Perez), Madonna and Child Hospital (Mr. Enrico Yap),

Sabal Doctors Hospital (Mr. Gino Mabulay), and Polymedic Medical Group (Mr. Leonard Solima and Eduardo Olango).

It’s been four (4) weeks since the tournament started. Blood pressure has been rising, cheerleading has become a new event and

the race for championship got everybody’s jaw locked tight.

The sportsfest which was created to bring harmony among healthcare providers has given much more than that – friendship, camaraderie and a chance to “Fight for Your Hospital!”