BusinessWeek Mindanao (November 6, 2017)

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Davao-Zambo route DAVAO City -- The city government expects the resumption by flag-carrier Philippine Airlines of the Davao-Zamboanga route to bolster trade and commerce between two cities, according to Davao City Councilor Marissa Abella.

Abella said the launch of the new route will pave the way for trade and commerce as it will facilitate the exchange of services, goods, other agricultural products and tourism.The new route will also facilitate interisland connectivity, bringing people together.

“With this route it will be much easier for Dabawenyos to discover the beauty of Zamboanga and its nearby cities and municipalities and I am sure Zamboanguenos would very much love to visit our city where the President (Rodrigo Duterte) comes from,” she said.

Banana probe THE banana industry will investigate possible tampering involving Philippine banana exports to Japan, which led to the rejection by the Japanese of about 9,000 packages.

“That’s very serious and we intend to get to the bottom of it. We will find out how it happened, where it happened,” Pilipino Banana Growers and Exporters Association, Inc. (PBGEA) Executive Director Stephen A. Antig said in a phone interview on Thursday.

Mr. Antig was responding to news reports that Dole Japan, Inc. rejected a shipment after finding a three-centimeter wire in a banana during an inspection.

Department of Agriculture (DA) Secretary Emmanuel F. Piñol, meanwhile, said rejections are a routine event.

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By ANTONIO L. COLINA IV, MindaNews

AVAO City -- The city is looking forward to the entry of more Japanese investors after a roadshow in Japan last month that promoted the place as another investment and tourism destination, Davao City Investment and Promotions Center (DCIPIC) Lemuel Ortonio said in an interview Friday.

The Davao City Investment and Tourism Roadshow took place in the cities of Osaka, Kyoto, Yokohama and Tokyo from October 16-20.

Ortonio said the event revealed that the Japanese didn’t know Davao well, as the outbound business expects/PAGE 11

More countries pledge help for Marawi rehab

SNORKELLING. Local and foreign tourists take the time out to enjoy boating, swimming and snorkelling around the Sunken Cemetery shrine in Catarman, Camiguin, over the weekend. The giant cross serves as a reminder that a cemetery once stood in the area but was submerged in water when an earthquake shook the island on May 1, 1871. photo by gerry lee gorit

MORE countries are expected to provide assistance to the Philippines in rebuilding war-torn Marawi City when state and business leaders meet here for the ASEAN Business and Investment

Summit (ABIS) slated on November 12-14.

George Barcelon, Association of Southeast Asian Nations (ASEAN) Business Advisory Council pledge/PAGE 11

Resigned COWD director denies pressure

By MARK FRANCISCO, Staff Writer

RESIGNED Cagayan de Oro Water District (COWD) director Joel Baldelovar denied that controversies hounding the governmentoperated water utility caused his move.

Baldelovar told BusinessWeek Mindanao that he had already made up his

mind as early as August this year to tender his resignation from the five-member board of directors.

Baldelovar’s resignation was made public last Friday at the height of COWD’s three controversies – the lack of water pressure in its western denies/PAGE 11

HUBS AND WHEELS. For this worker at a vulcanizing shop in Butuan City, repairing punctured tires has become easier with mechanized tools. mindanews photo by h. marcos c. mordeno

Baldelovar

Himun Tu Magdiwata:

Bringing local outdoor enthusiasts together

By CHRIS V. PANGANIBAN, Contributing Editor and DANNAH RUFALYN M BUQUIR, Correspondent

SAN FRANCISCO, Agusan del Sur – In celebration of the National Tourism Week 2017, the Provincial Tourism Office in partnership with the Mountaineering Alliance of Caraga for Ecological

Advocacy (MACEA) recently organized a camping and trekking adventure activity at Mt. Magdiwata for all outdoor enthusiasts in the locality.

All geared up to climb

to the peak, 21 participants gathered together with one common goal – to help promote Mt. Magdiwata as one of the best trekking dest inat ions in C araga Region.

Towering over the town center of San Francisco, outdoor/PAGE 11

San Jose National High School Senior High School students answering the difficult question – securing first place during the Quiz Bowl Competition. photo courtesy of mary - ann pomoy

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2 Bangko Sentral sets deadline for old legal tender exchange DAVAO City -- The Bangko Sentral ng Pilipinas (BSP) has set December 29, 2017 as the deadline for the exchange of old legal banknotes.

Dorothy Diaz, BSP officer, said that the move was due to popular demand to allow the exchange and replacement of old banknotes to the new design series.

“The Bangko Sentral ng Pilipinas Monetary Board has established a new deadline on December 29, 2017 for this purpose,” she said.

Diaz said the exchange to new a design bank notes will be accommodated free of charge at the office of BSP from Monday to Friday, except on holidays,

9:00 a.m. to 2:00 p.m.

She said BSP will allow the exchange of demonetized banknotes to cash at P100,000 per transaction.

Diaz explained that for those in larger amounts, payment is made through check or direct credit to a bank account.

She said subject to exchange are legal tender such as five peso bill, twenty peso bill, fifty peso bill, one hundred peso bill, two hundred peso bill, five hundred peso bill and one thousand peso bill.

“Starting October 30, BSP will accept bills for replacement with new legal tender design,” Diaz said. deadline/PAGE 9

Economy

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DOE to conduct consultation for new policy on renewable energy

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UTUAN City – In the continuing effort to increase consumer access to clean and sustainable energy, the National Renewable Energy Board (NREB) is conducting a series of public consultations to promulgate a new policy on renewable energy (RE) utilization in the off-grid areas, or for consumers in remote areas like islands, mountains and far-away villages.

The consultations focus on the rules and guidelines for the Renewable Portfolio Standards (RPS) for off-grid areas, a policy mechanism requiring

electric power industry participants such as generators, distribution utilities, and suppliers to source or produce a specified fraction of the electricity they generate from eligible RE resources.

The consultations are being conducted with the support of the Department of Energy (DOE) and the United States Agency for International Development (USAID) through its Building Low Emission Alternatives to Develop Economic Resilience and Sustainability Project.

“The proposed RPS rules for off-grid areas will contribute to the growth of the renewable energy industry through increased development and utilization of RE resources

in the countryside, where significant percentage are using expensive fuels.

Thus we will be able to diversify energy supply,” Energy Secretary Alfonso G. Cusi said.

“Ultimately, we see this to spur socio-economic development and help address environmental concerns,” he added.

The Luzon leg of the public consultations for RPS was conducted on October 5 in Puerto Princesa City and on October 12 in Pastor Village, Batangas City.

In Visayas, a public consultation was held on October 26 in Lahug, Cebu City.

On the other hand, the fourth and last leg of the public consultation will be

on November 6 in Cagayan de Oro City.

Among the issues discussed during the earlier consultations include roles and responsibilities, pricing, competitive selection process and public bidding, monitoring and transparency, academic participation, long term plans and programs, technology, transmission, permitting, relevant RE policies and even international commitments on greenhouse gas emission reduction.

The public consultations were attended by participants from national government agencies, RE proponents policy/PAGE 9

Supervision and monitoring of teachers

By ALVIN A. SABAYANAN

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THE ter m “te acher supervision” spans a range of practices from externally imposed formal school inspection to individual mentoring of individual teachers by colleagues aimed at improving performance within the classroom.

Te a c h e r s i n t h e Philippines, as in the rest of the world, are arguably the greatest resource in any education system. Yet ensuring the accountability of teachers to governments and to the students they ser ve, together with supporting them to improve

their performance, remains significant challenges both in developed and developing countries.

The role of the principal in teacher supervision is s i g n i f i c ant . T h e f i n a l consideration is with regard to the barangay’s role in supervision of teachers.

However, it is generally understood that this role is restricted to ensuring that the school actually functions with teachers regularly rather than the bodies having a role in super vising the performance of teachers in the classroom.

I n c r e a s i n g l y, t h e models of self evaluation are predominating with the inspectors from DepEd playing a quality assurance or validating role.

This is a positive step in bringing greater support to the teachers. Teacher supervision is important during the first year. New teachers still have a lot to learn and that the early years are crucial to ensuring that their approach to teaching is a reflective one rather than an approach which just mirrors their own school experience.

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

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The Fraternal Order of Eagles to hold congress in Cebu The Fraternal Order of Eagles to hold congress in Cebu The Fraternal Order of Eagles Philippines (TFOE), the first born fraternal socio-civic organization in the country, will be holding its 36thNational Congress, Nov. 24 to 26, 2017 at the convention center of J. Centre Mall, A. S. Fortuna St., Mandaue City.

Carr ying the theme, “Let Our Service Through Strong Brotherhood, be the Catalyst for Change,” the three-day congress will be attended by more than 1,500 members of more than 500 clubs nationwide.

TFOE National President Louie Ceniza said they have invited President Rodrigo Roa Duterte, also an Eagle or “Kuya”, to be the keynote speaker.

Eagle David “Kuya Boy” Odilao, Jr., former national p r e s i d e nt o f f r at e r n a l organization is the chairman of the congress and also the chair of the Philippine Eagles National Presidents League (PENAPLE), an organization of the club’s past presidents.

According to Odilao, aside from President Duterte, a number of senators and cabinet members who are also Eagle members were invited to grace the national congress.

They include Senate

President Aquilino “Koko” Pimentil III, Senators Miguel Zubiri, JV Ejercito, Panfilo Lacson, Grace Poe and Manny Pacquiao, Vice President Leni Robredo, former senator and now Department of Foreign Affairs Secretary Alan Peter Cayetano,Labor Secretary Silvestre Bello III,Justice Secretary Vitaliano Aquirre.

NBI Director Dante Gierran, newly-retired AFP Chief of Staff Eduardo Ano, Philippine National Police DirectorGeneral Ronald “Bato” Dela Rosa and local government officials. The Fraternal Order of Eagles ( Phiippine Eagles), was founded in 1979 in Quezon City to “establish a strong bond of brotherhood and fraternal ties among members as keystone to humanitarian service.”

At its inception, many of its active members were retired military personnel, but in the late 80’s membership was opened to the civilians, including businessmen and then those in government service.

Under the leadership of TFOE National President Louie Ceniza, the club has been been involved in different humanitarian activities, that include several aid-support to the needs of Marawi evacuees where some of those affected were club members, financial assistance to victims of Davao

bombings, the victims of flooding and earthquake in Surigao and Butuan, victims of typhoon Yolanda in Leyte and northern towns of Cebu, and earthquake victims in Bohol.

It also conducted feeding and outreach programs in different communities nationwide. The Fraternal Order of Eagles (Philippine E agles) als o supp or ted the campaign initiated by President Duterte against illegal drugs and corruption.

It a l s o s p ons ore d seminars and symposiums in the different schools and barangays to educate the students and residents on the evils of illegal drugs.

The Fraternal Order of Eagles under the leadership of Kuya Louie Ceniza allocated P100 thousand through the Civil Aviation Board in Butuan City for the expenses in the training of nineteen K-9 dogs which were then assigned in the different airports in the country.

TFOE also allocated P100 thousand annually, to support the food-needs of a lone eagle under the care of Philippine Eagle Foundation in Davao.

Eagle Members who wants to join the three-day national congress may call or text mobile number 09164409215 or email..jose.sollano2017@ yahoo.com

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Opinion

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Where’s the build, build, build?

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Good family man think a minute

jhan tiafau hurst Think a minute…Ever hear someone say, “He’s a good family man.”? But what really is a good family man? Do you ever stop and think, Dad, what your job at home actually is? A family man must do many things, of course; but let’s talk about 3 important responsibilities of a good husband and father.

First, he serves as the main family provider. No one even questioned fifty years ago that it’s a man’s primary responsibility to financially take care of his family and pay their bills. So even though many wives and mothers need to work outside the home, a man should never become lazy and expect his wife to do his job and responsibility of making sure the family’s financial needs are met.

A s econd imp or tant responsibility of a family

man is to serve as their leader. It’s often said that “two captains sink the ship,” or “two cooks spoil the broth.”

Dad needs to be wise and responsible enough to make the important decisions for the family, after talking with his wife and children and carefully considering their needs and feelings. Sadly, many men like to be the boss, but they’re selfish and unkind to their own family because their decisions often are just for their own pleasure and preferences rather than serving the needs of their wife and children. They just like to use their authority to rule like a king instead of being responsible as a loving husband and father.

And finally, a father’s job is to teach his children right living both with his lips and his life, both with his words and his example. A father is responsible to prepare his children to be mature human beings as God planned them to be. A father should equip his children to become happy, successful adults with Godly character. This means he must be their example of a good, Godly man who deeply loves God and cares about others.

He needs to show love and respect for their mother, so family/PAGE 9

Ruffy magbanua DURING the recent gathering of Mindanao’s business leaders, President Duterte painted a rosy picture for the island which had been long forgotten (read: forsaken ) by the passing of time in terms of economic growth, sustainable peace and worldclass infrastructure facilities.

Again, the rhetoric took the center stage.

T h e P r e s i d e nt s a i d it upfront: with the right infrastructure and sound business climate, Mindanao’s great potential can be realized, he nc e t he gove r n me nt is aggressively pursuing infrastructure projects to all corners of the island to facilitate transfer of goods and ser vices and boost mobility and connectivity.

With the recent visit of President Duterte to Japan that enabled him to haul business deals worth Php 300 billion in investments and a pledge of financial assistance amounting to Php400 billion, Mindanaoans are again asking: where’s the build, build, build?

D O Tr’s Tu g a d e an d DPWH’s Villar may be flaunting to high heavens this ‘build, build, build’ mantra,

but one thing is noticeable here. Their priority is in Luzon, particularly in Metro Manila. Mindanao remains a second fiddle, if not the last to have world-class infrastructure.

To s ay i t b l u nt l y, Mindanaoans are always hoping against hope.

We hope DPWH Secretary Villar would have time to see for himself the snail-paced ‘re-blocking’ road work of his department in all almost all major road network in Mindanao.

We hop e t he go o d secretary from the ultra-rich Villar clan could find time to personally pay an ocular visit in Mindanao particularly the Davao-Bukidnon-Cagayan de Oro national highway.

The road work has been there since time immemorial,

Honorable Secretary.

We hope that D OTr Secretary Tugade could be able to stay for a while in Mindanao and see for himself how the island of his birth is at the tail-end of development in terms of world-class infra facilities now being installed, constructed and planned for Metro Manila and the rest of Luzon.

To see and hear Tugade and Villar over social and mainstream media strutting their projects directed at Luzon is no brainer for all of us Mindanaoans.

It’s actually an outright insult and a lamentable fact.

The taunted Mindanao Railway system, the Panguil Bay Bridge and the Laguindingan Airport development projects which build/PAGE 9

Ma. Regaele A. Olarte - Muntinlupa’s pride Speaking out

ignacio bunye Ma. Regaele A. Olarte has been teaching physics (Teacher I) at the Muntinlupa National High School (my Alma Mater) for the last 12 years.

What make her shine are her advocacies in and out of the classroom.

In school, she champions invention-driven instruction, which encourages creative thinking and problem-solving skills among her students.

A budding inventor, she has designed classroom equipment using readily

available materials.

Working with DepEd, Ms. Olarte has authored K to 12 learner’s modules and teachers’ guides for Grades 9 and 10 nationwide.

She has als o s er ved as a writer for national achievements tests in Physics.

Outside school , she actively participates in outreach programs of her church and works with the DENR and the Earth Day Network Philippines as focal person for their carbon footprint mitigation campaign.

For her achievements, Olarte was recognized by Metrobank Foundation as one of the Most Outstanding Teachers in 2016.

She added another feather to her cap recently.

She was top awardee in the Ambassador Antonio L. Cabangon Chua “GINTONG PA R A NG A L PA R A S A EDUKASYON - Guro” which was presented by Fortune

Life Care.

And now, Olarte is about to scale greater heights.

Representing Muntinlupa Nat i o n a l Hi g h S c h o o l (MNHS) , she and fellow teacher Jason B. Albaro, recently made it to the Final Four (Global High School Category –Asia) of the 2018 Zayed Future Energy Prize.

The other three finalists in their category are Bahrain Bayan School (Bahrain), Mahindra United World College of India (India), and Shenzhen Yadi School (China).

The Zayed Future Energy Prize represents the vision of the Late Founding Father and President of the United Arab Emirates, Sheikh Zayed bin Sultan al Nahyan, who championed environmental stewardship.

For the last 10 years, the annual award has recognized achievements that reflect impact, innovation, longterm vision and leadership

in renewable energy and sustainability.

Awards are given in four categories: L arge Corporation, Small and Medium Enterprise, NonProfit Organization and Global High Schools.

It was a ver y tough competition for Muntinlupa Nat i ona l Hi g h S cho ol, represented by Olarte and Albaro. Judges had to screen 2,296 entries from 112 countries worldwide.

But the judges found MNHS’ proposal - C ompre h e ns ive A l g a e Microfarming Project (CAMP) using Solar Powered Photobioreactors – certainly quite promising in promoting re n e w a b l e e n e r g y a n d sustainability.

Explains Dr. Florante C. Marmeto, principal of Muntinlupa National High School: “Algae microfarming is not yet widely known in the pride/PAGE 9

Claims to leadership have my say

klaus doring I am 64 now. I traveled all around the world. I met innumerable leaders in different companies and institutions. I experienced “good” and “bad” leaders.

My “good” leaders, just a handful - maybe, became my mentors. Each one in his or her own very special way. The others I sorted out.

Forgot them... .

Quitters never win and winners never quit! Basta!

My first leader’s motif - a publishing house director, whom I met during my college time. This saying has b e e n i mpr i nte d i n my mind and heart till today. As a result, when I started teaching German language in the Institute of Languages and Creative A r t s a t Un i v e r s i t y o f Southeastern Philippines in Davao City almost ten years ago, I used this and other sayings helping my students to remember these key points.

As I said before: just only a handful awesome leaders crossed my path.

In Germany, in the U.S. and lately also here in the Philippines. I learned a lot from them and their behavior. I also learned from negative leaders, those, catching people doing things wrong. Why don’t leaders

spend at least an hour a week wandering around their operation catching people doing things right AND wrong?

My first boss in Germany really did it this way. One could talk to him.

Many leaders wait to praise their people until they do things exactly right.

Problem: mostly, one waits forever.

Up to now, I see a lot of unmotivated people at work or students at school, but I have never seen them after work or school! When office is done and school is over, people race to do such things that provide them with positive feedback on results.

My students in USEP are getting tired many times. I try to tell them, that learning is more important today than ever before. In the

past, if a person was loyal and worked hard,his or her job was secure. Also during my time in the 1960’s and 1970’s or even early 1980’s.

Today, the skills you bring to the party constitute the only available form of job security. When you stop learning, you stop growing.

Albert Einstein, once said: Never stop learning and ask questions. A perfect leader should be included. It really depends on how you talk to the people!

In one of my previous write-ups, I mentioned: Dream hard but work harder. I have to rethink this. How about this: Don’t work hard - work smarter.

This saying is common s ens e but not common practice as America’s bestselling business author Ken Blanchard voiced it out. leadership/PAGE 10

DISCLAIMER: All articles and commentaries published in this section are construed to be the sole responsibility of the writers and do not in any manner reflect the stand of the newspaper, its publisher and editors -- The Editor in Chief

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DTI 10 opens OTOP concept showcase Story by MARK FRANCISCO | Photos by ERCEL MAANDIG

CAGAYAN DE ORO CITY – The Department of Trade and Industry (DTI) 10 offered its first one town one product (OTOP) concept store right beside the agency’s regional office along Corrales-Luna, this city.

Dr. Viel Jose, OTOP Pasalubong Store operations manager, said

they carry over 100 food and non-food products from 150 micro, small and medium-size enterprises (MSMEs) all over the region.

Jose said the MSMEs were first vetted according to DTI standards before they were awarded to be displayed at the showcase outlet.

Foremost among the food items on sale are the tourist favorites of Vjandep such as biscocho, polvoron, crinkles, leche flan, cheese stick and stick breads.

“For quite some time, Vjandep is already a household name among Cagayanons who will go to Manila as a pasalubong.

That’s also true for Manileños who visit

CDO. Once they go back home, they will really buy Vjandep products,” Jose said.

Its pastel line alone is impressively long. Think of the various flavors Vjandep has brought to pastel – regular yema, special yema, pineapple yema, ube yema, cheese yema, mango yema, langka yema, blueberry otop/PAGE 9

Mayor Oscar Moreno browsing the products on display.

Ritchie Salloman: when art comes a’ knocking Story and Photos by MARK FRANCISCO

CAGAYAN DE ORO CITY – It was in the 1990s that Ritchie Salloman had a colorful career as a journalist covering both here and in Zamboanga City.

Then at the turn of the millennium, Salloman switched careers and became a businessman. He started selling structural lighting to industrial, commercial and residential establishments alike all over Mindanao. In fact, Salloman’s company was behind the famous globe lights in Divisoria during the early part of this decade.

By the early 2010s, Salloman decided to diversify his business – he put up a beach resort. It was in the coastline of Bayabas,

this city that Sonrisa Vista beach resort was born.

Salloman is no stranger to innovation. Sonrisa features an aviary entrance, a pond with a baby crocodile inside, airconditioned rooms shaped into an Indian tepee, etc.

There was one little problem though. He wanted each of his seven tepee-style rooms to have three paintings mounted on the wall. But paintings nowadays command a steep price. He saw a solution. He painted.

Recalling a bygone talent during his Zamboanga high school days, Salloman painted oil on canvas. In a span of 37 days, he managed to finish a total of 21

artworks.

That was in 2014 when Sonrisa was still in its infancy.

Today Salloman continues painting. He just had his oneman exhibit mounted up at Limketkai Center.

The theme of his debut show is Westerns because he simply loves horses and Indian stuff.

(Salloman has a total of 14 horses of various breeds in his ranch in barangay Lumbia.) Look at his Sonrisa property and you’ll see that the theme there is Western too.

But that’s just for now. There’s more art from Ritchie Salloman that we will be expecting in the coming years to come.

Barangay Lapasan led by its chair Omar Labuntog honor their outstanding youth during the culmination of the Lapasan Youth Festival last October 28. photo by mark francisco

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Jollibee shuts China hot pot chain

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OLLIBEE FOODS Corp. is closing its 12 Hotpot restaurant chain in China, as it shifts its focus on building larger brands in the country.

In a disclosure to the stock exchange on Thursday, the country’s largest quick service restaurant operator said it will discontinue operations of 16 stores under the 12 Hotpot brand.

The restaurants, located in Shanghai, are owned and operated by its 48%-owned subsidiary 12 Hotpot (Shanghai) Food and Beverage Management Co. Ltd. The company noted the 12 Hotpot stores have not been consolidated into its financial statements and store count since it does not hold majority ownership.

Following the closure of the stores, JFC will dissolve and liquidate 12 Hotpot Shanghai, the operating company, as well as its joint venture vehicle, WJ Investments

Ltd. WJ Investments Ltd. was established in 2012, after JFC’s wholly owned units Jollibee Worldwide Pte. Ltd. and Golden Plate Pte. Ltd. entered into an agreement with Wowprime Corp. of Taiwan’s subsidiary Hoppitime Ltd., along with some of Wowprime’s key executives, for the main purpose of owning and operating the 12 Hotpot brand in the People’s Republic of China, Hong Kong, and Macau.

The store closure is part of the Jollibee’s strategy of concentrating on growing its bigger brands in China.

“JFC will focus on building its larger and fast-growing businesses in China and other parts of the world,” the company said.

JFC reported its systemwide sales in China grew by 17.2% in the second quarter of 2017, showing the slowest growth among its international businesses. JFC’s Southeast Asian business, for instance,

grew by 42% in the quarter, while North America followed at 32.5%.

Yonghe King remains JFC’s biggest business in China, ending the third quarter with 305 stores. JFC also operates Hong Zhuang Yuan with 44 stores and Dunkin’ Donuts with 18 stores. This brought the company’s total store network to 367 as of end-September.

On Dec. 30, 2016, JFC sold its 55% stake in China restaurant chain to its joint venture partner, Guanxi San Pin Wang Food and Management Company Limited.

San Ping Wang had a total of 72 stores when JFC sold its stake, as it looked to focus on the growth of Yonghe King, its largest business in China.

On Nov. 23, 2016, JFC bought out its joint venture partner in Happy Bee Foods Processing plant in Anhui Province, China.

With the change in ownership, the company said Happy Bee will

only produce and sell food products to JFC’s restaurant businesses.

JFC ended the first nine months of 2017 with 2,756 restaurant outlets in the Philippines, with 1,023 under the Jollibee brand, 510 under Chowking, 262 under Greenwich, 411 under Red Ribbon, 471 under Mang Inasal, and 79 under Burger King.

The company has a total of 888 stores overseas, excluding the 355 outlets under the Smashburger brand where JFC has a 40% interest.

This brings the Tony Tan Caktiong-led firm’s store count to 3,644 – 356 stores short of its 4,000-store target for 2017.

JFC’s net income attributable to the parent jumped an annual 14% to P3.489 billion in the first half of 2017, following a 13.5% growth in systemwide retail sales to P81.078 billion fueled by the company’s aggressive worldwide store expansion.

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL

By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City.

No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City.

Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com

VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com

ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils.

Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

8

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monday|november 6, 2017

Overseas Filipino Bank to start operations in January next year

T

HE proposed bank targeted for Overseas Filipino Workers (OFWs) will commence operations on Jan. 2, 2018.

Land Bank of the Philippines (Landbank) president and CEO Alex Buenaventura, in an interview by PNA Friday, said they re-submitted to the Bangko Sentral

ng Pilipinas (BSP) on Thursday their application to acquire Postal Bank.

He said he was able to talk with BSP Governor Nestor A. Espenilla Jr. and was given an assurance that the policy-making Monetary Board (MB) “will fast track the approval before the year ends.”

Landbank is seeking

the Board’s approval for the proposed Overseas Filipino Bank’s P1 billion authorized capital, P700 million of which will be classified into common shares while the balance of P300 million will be preferred shares.

Buenaventura said the MB approval is needed for the OFW Bank to forward to the Securities

and Exchange Commission (SEC) the proposed amendments of its Article of Incorporation and Bylaws.

He, however, said that sans the SEC approval the OF Bank can start its operations.

“The amendment is not a prerequisite for the Overseas Filipino Bank,” he said.

MULTINATIONAL banking institution DBS forecasts a hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates before end-2017 partly due to sustained rise of inflation rate.

“We expect BSP to hike 25bps (basis points) either in the November or the December meeting”, said DBS economist Gundy

Cahyadi in a research note issued Thursday.

BSP’s policy-making Monetary Board (MB) will have its last two policy meetings for the year on Nov. 9 and Dec. 14.

To date, the central bank’s key rate, or rate of the reverse repurchase (RRP) facility is three percent.

This has been maintained since June 2016 when the MB introduced its Interest Rate Corridor (IRC).

To make way for IRC implementation, the RRP rate was changed from four percent but monetary officials said the rate adjustment is policyneutral.

Analysts have been

projecting a change in the BSP rates as inflation continued to increase and the peso remained weak against the greenback.

As of end-September this year, rate of price increases averaged at 3.1 percent, within the government’s two to four percent target for 2017 to 2019. hike/PAGE 9

DBS sees BSP rate hike before end ‘17

Sun brings together Maja, Matteo, and Vic Sotto to launch newest and widest LTE network For the first time ever, Sun has brought together Maja Salvador, Matteo Guidicelli, and Vic Sotto in its biggest campaign yet introducing its newest and widest LTE network.

Sun features the three celebrities in its latest commercial as they usher in a better and improved mobile experience for all Sun subscribers across the country through LTE or Long Term Evolution, the international standard for high-speed mobile communication.

With LTE, Sun now makes it possible for subscribers to enjoy online activities at blazing speeds 24/7 – from surfing online, streaming

videos and music, playing games, and downloading files on-the-go.

Sun subscribers can also expect Maja, Matteo, and Vic to soon introduce new best-value data offers that allow Filipinos to make the most of the Sun LTE experience as they stay in touch with loved ones, enjoy their dose of mobile entertainment, or benefit from online services 24/7.

Upgrade to a FREE Sun LTE-ready SIM without changing your number Sun subscribers can start their Sun LTE experience by upgrading to a Sun LTE-ready SIM and an LTE-capable

device.

Sun Prepaid subscribers may now head to any Sun Shop nationwide to swap their old Sun Prepaid 3G SIM with a FREE LTE-ready SIM – without having to change their existing Sun number.

On the other hand, Sun shall facilitate the LTE upgrade of its postpaid subscribers within the month.

Unlocking greater value for Sun subscribers “As a brand that caters to practical Filipinos and gives them best-value choices, Sun’s upgrade to LTE means unlocking even greater value for our beloved subscribers, who

can now enjoy our valuepacked promos infused with data to suit their needs,” said Miriam Choa, Prepaid Business Head.

Sun’s LTE upgrade is part of PLDT Group’s ongoing network improvement efforts, which includes the integration of the Smart and Sun mobile networks to provide subscribers of both brands. As a result, Sun subscribers can now enjoy wider and more reliable coverage for calls, texts, and mobile data.

The PLDT Group has finished its LTE rollout in Metro Davao, Metro Cebu, Boracay, and Rizal, while it is currently ongoing in Metro Manila.

While operations will start on January 2 next year, Buenaventura said formal launching will be held in April of the same year.

He said initial marketing of the bank will be done by the bank’s head office, to be located at the Liwasang Bonifacio in Manila, by talking to OFW beneficiaries.

“We will meet with OFW beneficiaries and market the products for their OFW relatives. We will give out kits,” he said.

Buenaventura said a pilot representative office will be opened at the Consular Office in Dubai

by April next year.

Asked for the reason why Dubai was chosen, the Landbank chief said

it was recommended by the DOLE (Department of Labor and Employment).

President Rodrigo R. Duterte signed on Sept. 28, 2017 Executive Order (EO) 44, directing the Philippine Postal Corporation (PhilPost) and the Bureau of the Treasury (BTr) to transfer their Postalbank shares to the Land Bank of the Philippines (Landbank) at zero value.

Under the EO, Landbank was ordered to ensure the capitalization of Overseas Filipino Bank, which will be headed by Landbank’s chairperson.

Postalbank officials who will be affected by this transfer will be offered an early retirement incentive plan. (PNA)

BSP launces preferential rate for MSME loans THE Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas’ (BSP), has approved a lower risk weighting of 20 percent on loans extended by banks to micro, small and medium enterprises (MSMEs) if these are guaranteed by a qualified Credit Surety Fund (CSF) Cooperative.

Currently, qualified MSME loans are given a risk weighting of 75 percent.

BSP Governor Nestor A. Espenilla Jr., in Circular No. 979 issued on October 25, 2017, said the Board also recognizes the qualified CSF Cooperative as among the eligible guarantors under the riskbased Capital Adequacy Framework for banks.

The Circular identified qualified CSF Cooperative

as “a cooperative that is organized consistent with the provisions of Republic Act (RA) No. 10744 (the Credit Surety Fund Cooperative Act of 2015) and its implementing rules and regulations (IRR).’

It, however, explained that the preferential rate will be given if the “maximum allowable leveraging ratio of the CSF Cooperative to guarantee bank loans shall be three (3)”, meaning the cooperative can guarantee up to three times of its capital.

“Provided further, that said leverage ratio shall be subject to periodic review for progressive increase as warranted by the CSF Cooperative’s performance but not to exceed 5x the CSF Cooperative’s loans/PAGE 9

NTC, telcos and amateur and civic radio groups offer “Libreng Text at Tawag” assistance to Marawi City evacuees In line with President Rodrigo Duterte’s declaration last 17 October 2017 that Marawi City has been liberated from terrorist influence and DND Secretary Delfin Lorenzana’s announcement last 23 October 2017 that combat operation in the City had been terminated, the National Telecommunications Commission (NTC) issued Office Order 179-10- 2017 last 30 October 2017 instructing its Regional Office in Cagayan de Oro City, headed by its director, Engr. Teodoro Buenavista, Jr., to offer “Libreng Text

at Tawag” services in evacuation centers for a period of seven (7) calendar days starting 31 October 2017.

At present, the “Libreng Text at Tawag” services are located in five (5) evacuation centers in Iligan City: Kanaway Evacuation Center, Tibanga; Sta. Elena Gymnasium, Sta. Elena; Buru-an School of Fisheries, Buru-an; Buruan Gymnasium, Buruan; and Maria Cristina

Gym, Maria Cristina. In Cagayan de Oro City, the “Libreng Text at Tawag” services is offered in the Indahag Evacuation

Center.

With the service, displaced families can now inform their relatives, both here and abroad, of any further assistance needed. The evacuees can also inform their loved ones of their safety and plans regarding their eventual return to Marawi City. Reports say

that more than 300,000 people were displaced by the conflict.

The “Libreng Text at Tawag” service includes free NDD and overseas calls and will be expanded to include other evacuation centers in the coming the days. The NTC’s effort was implemented in cooperation with Globe, Smart and various amateur and civic radio groups, namely, Race9, ACTS Radio Club, KABALIKAT CHARITY CIVIC COMMUNICATORS and BIBLE SHARING AMATEUR RADIO CLUB.

9

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monday|november 6, 2017

Family... from page 4

they will too. A father must have honest character that his children see is always honest, even if he can get away with a little cheating or lying. But a father also explains to his children why God’s ways are the only true, right ways to live a successful, satisfying life. This includes taking his family to church every week, as well as praying and reading the Bible every day, which is God’s manual for living.

Think a Minute…

Build... from page 4

had been reported ‘in various stages of implementation’ are still nowhere in sight.

More so with Agriculture Secretary Pinol’s food security program for Mindanao -- that of providing assistance in the production of the so-called high value crops to small farmers is pure and simple words of empty promises.

Admittedly however, the efforts of the Duterte administration for Mindanao, if ever these will come to reality , will be in vain if stability and order and lasting peace in the island are well fastened to last a lifetime.

W h at g o o d f o r t h e administration however is that it continuously intensify its fight against illegal drugs, crime and corruption in government – all these for the attainment of an enabling and nurturing business climate in Mindanao.

A f t e r Ma r aw i , t h e government is fully committed to wiping out local terrorists and other threat groups that continue to hinder Mindanao’s peace and stability.

T he g r and pl an for Mindanao is yet to come. Let’s start walking the talk now, Mr. President. (ruffy44_ph2000@ yahoo.com)

Pride... from page 4

country and this is the very first algae microfarm yet to be introduced at school level where people will gain awareness and appreciation of the benefits of algae, specifically in the fields of medicine, agriculture, nu t r i t i o n , a n d e n e r g y industry.

“Upon the promotion of algae cultivation to the ordinary Juan and Maria, more jobs will be offered to people and more business opportunities will open.”

For the fourth and final stage of the selection process, the Jury will interview the finalists before electing the grand winner in each category.

In Januar y 2018, all finalists will go to the 10th Annual Awards Ceremony for the Abu Dhabi Sustainability Week on an all expense paid trip.

Muntinlupa National High School (to repeat, my Alma Mater) is headed by Principal IV, Dr. Florante C. Marmeto, and is under the Schools Division Office of Muntinlupa City headed

by Dr. Mauro C. De Gulan.

Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.

Leadership... from page 4

If you don’t take time out to think, strategize, and prioritize, you’ll work a whole lot harder, without enjoying the benefits of a job smartly done. As an ordinary worker or as the Big Boss.

Leadership and communication are two areas in which we can continue to develop virtually forever. +++ Email: dor ingklau s@ gmail.com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicalmusic.blogspot.com .

OTOP... from page 6

yema, macapuno yema, durian yema, strawberry yema, cho col ate yema, mocha yema, green apple yema, Bavarian yema, green apple yema, squash y ema, raspberry yema, peanut butter and squash-malunggay yema.

Other companies which contribute to the OTOP Pasalubong Store include Hinam-is, Slers, Nutcracker, Joji’s Delights and Bite Me Up, among others.

The OTOP Pasalubong Store was designed by the United Architects of the Philippines (UAP) Cagayan de Oro chapter.

It, however, noted that the peso’s weakness has resulted in slower investment expansion.

During the same period, imports have risen by three percent, way lower than the 46.6 percent in 2016. (PNA)

Loans... from page 8

Restricted Capital for Surety.”

The preferential rate for MSME loans guaranteed by a qualified CSF Cooperative takes effect 15 days after the publication of the Circular in a major daily or the Official Gazette.

BSP, in a statement, said the MB’s decision “intends to facilitate the increased flow of funds to MSMEs that will translate to the further growth of the sector and of the domestic economy.”

The CSF Program started in 2008, with the launch of the first CSF Cooperative in Cavite. (PNA)

Policy... from page 2

and developers, distribution utilities, electric cooperatives and the academe, among other energy stakeholders.

Led by NREB RPS Offg r i d C om m itt e e C h ai r Urbano Mendiola and NREB Chairman Atty. Jose Layug Jr., the public consultations provided a venue to present the latest draft of the RPS Offgrid guidelines and to gather comments and suggestions from stakeholders before its

implementation.

The DOE also welcomes additional recommendations on the NREB proposed policy from the public, especially from the primary RE stakeholders.

All interested stakeholders may send comments until November 10, 2017 at email: techsec.nreb@gmail.com.

An electronic copy of the NREB proposed policy is downloadable at the DOE official website: www.doe. gov.ph.

The issuance of t he RPS guidelines is based on Republic Act No. 9513 or the Renewable Energy Act of 2008, which aims to increase the utilization of RE by enhancing national and local capabilities. (DOE/ PIA-Caraga)

Deadline... from page 2

She said the legal banknote with the Bagong Lipunan mark is not covered by the exchange and only old bank notes released in 1985 are due for replacement which will be done solely in the offices of BSP, which has seven branches in Mindanao: Davao City, General Santos City, Butuan City, Cagayan de Oro City, Cotabato City, Zamboanga City and Ozamis City.

Clients must present identification card when they transact business with BSP. (PIA XI-Joey Sem G. Dalumpines)

Hike...

CAGAYAN DE ORO MAIN BRANCH

P & J Lim Bldg., Tiano Brothers from page 8 Kalambagohan Sts., Tel. # (08822) 727-829 *

Telefax # (088) However, the856-1947 September CAMIGUIN BRANCH figure alone registered its B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 five-month high of 3.4 CORRALES BRANCH percent month-ago’s Corrales from Ave., Cagayan de Oro City 3.1 percent.

September 2016 DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. inflation rate is de lower Velez St., Cagayan Oro Cityat 2.3 Tel. # (088) 857-3631 percent.

LAPASAN BRANCH Hi-way, Cagayan de October Oro City Lapasan DBSTel. forecasts the # (088) 231-6739 2017 inflation to decline to CARMEN BRANCH Blvd., Cagayan de Oro City 3.3 Vamenta percent.

Tel. # (088) 231-2011 It expects inflation to remain within the 3.3-3.5 percent range until the end of the year.

“Risks are the upside given recent move in global crude oil prices,” it said.

The peso finished Thursday at 51.42, better than last Monday’s 51.61 close.

There were no trading on Oct. 31 and Nov. 1 in line with the commemoration of All Saints Day. Monetary officials are confident on the current trading level of the peso, saying this is not unusual given the developments both here and abroad.

DBS, in the research note, pointed out that “yes, the rhetoric from the BSP continued to suggest that the central bank remains comfortable with a weak peso.”

It explained that “from an export competitiveness perspective, the central bank’s stance on the currency may make sense for now” since exports grew by more than 12 percent to date from 1.8 percent in 2016.

CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

BusinessWeek Feature

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RELIABLE

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IN-DEPTH

Monday | November 6, 2017

10

38th Lanzones Festival 2017

By Joe Palabao

L

ast October 28 thousands of foreign, domestic and local Tourists witnessed the most spectacular, colorful and stunning 38th Lanzones Festival 2017 in Camiguin Island, Philippinesan annual festival which celebrates Camiguin’s bountiful harvest of their produce, the Lanzones fruit.

This blessed year of their Lanzones Festival, eight (8) contingents from the Munipalities of Mambajao, Catarman, Sagay, Guinsiliban, Mahinog, public and private schools participated in the festival which is considered as one of the best Festivals in the country today.

Tourists were amazed and mesmerized on how the participants gracefully danced with the fast beating of the drums and fast changing hues of the props to the delight of the spectators.

The participants mastered the story through dance interpretation on how the Lanzones abounds in the Island, it’s sweetness being attributed to its volcanic soil. And also how the “Beautiful Diwatas” protected the inhabitants and the Lanzones from the evil

spirits destroying precious fruit and its continuous sprouting and bearing of fruits.

Department of Tourism X Regional Director, the ever dynamic May Salvana Unchuan graced the occasion bringing support to the big and awesome 38th Lanzones Festival 2017 with Tourism Infrastructure Economic Zone Authority (TIEZA), foreign journalists from Shanghai China Media Group based in Beijing covered the event. The media group was invited

by Department of Tourism in Beijing Attache Office and was accommodated

by DOT X for the documentation of such big festival event in the country.

With the leadership of the Hon. Governor Maria Luisa dela Fuente Romualdo, she invited no less than the President Duterte to grace the event but due to prior commitments, the President sent his Political Adviser, the Hon. Secretary Francis Tolentino. He told the Camiguinons of the greetings and felicitations sent by The President and wishes for success.

Furthermore, he told Camiguinons that the President will visit them in due

time.

Grand Champion for Street Dancing Competition went the the Local Government Unit of Mahinog, 1st Runner Up Mahinog National High School, 2nd Runner-up Fatima College of Fatima, 3rd Runner-up Yumbing National High School, and 4th Runner-up Tupsan National Highschool.

Grand Champion for Ground Dance Competition went to Fatima College of Camiguin, 1st Runner-up Mahinog National High School, 2nd Runner-up Mambajao National High School, 3rd Runner Up Yumbing National High School and 4th Runner-up Tupsan National High School.

Best in Musicality Fatima College of Camiguin, Liveliest Contingent Mambajao National High School, Best in Costume and Production Designs Local Government Unit of Mahinog, No Trace Award (clean place after execution) LGU of Sagay.

Best in Costume Datu Buahanan Yumbing National High School and Bae Ta Buahanan Fatima College of Camiguin.

Congratulations Camiguin for such a spectacular 38th Lanzones Festival 2017.

Tourism Regional Director May Salvana Unchuan with Leslie Andres

Presidential Political Adviser Secretary Francis Tolentino Gov. Maria Luisa dela Fuente Romualdo

Tourists coming from Estonia came to witness the Festival

11

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Expects... from page 1

missions during the past administrations highlighted Manila, Cebu, Boracay and Palawan but not the cities of Mindanao.

“When they hear of the Philippines, they can only think of Manila, Cebu, Palawan and Boracay. They said when they hear of Davao, never could they relate it with Philippines. Every time the national government held a roadshow, it’s usually the four cities that were highlighted,” he said.

Companies participating in the roadshow included Anna’s Breeders Farm, Yovel E nte r pr is e s , Mi nd ana o Islamic Chamber of Commerce, Damosa Land Inc., Eden Nature Park, Waterfront Insular Hotel and Alveo Land.

Ortonio said the roadshow was timely because President Rodrigo R. Duterte held a two-day working visit from October 29 to 31 in Japan where he met Prime Minister Shinzo Abe, business leaders and Emperor Akihito.

Upon arrival Tuesday evening, Duterte announced he brought home business deals worth P309 billion with Japanese investors and a pledge of assistance from the Japanese government worth P456 billion.

But Ortonio said he is hoping they were able to stir the interests of Japanese investors sufficiently enough to convince them to do business in the city.

He added they are hopeful the city would receive its fair share of the assistance and investments from the Japanese.

During the four-day m i s s i on , h e s a i d t h e y highlighted agriculture, tourism and recreational facilities, light manufacturing and assembly, and property development.

But he said they welcome investments in health and wellness, educational and sp or ts facilities, environmental protection and green projects, information and communications technology, generation of new sources of energy, transportation and infrastructure and publicprivate partnerships.

The official said the business mission included a meeting with different representatives of local chambers of commerce and tourism associations, and a Tokyo-Davao City Business Forum that was organized in coordination with the Philippine Embassy in Japan.

“The Japanese were very appreciative because they saw what we in Davao City have to offer,” he said.

Ortonio said one of t h e h i g h l i g ht s d u r i n g the business-to-business meeting was the signing of a memorandum of understanding between Davao-based agribusiness f i r m Yov e l E nt e r p r i s e and manufacturing firm Bioactives Japan.

“Their partnership with Yovel Enterprise is for a

post-harvest facility – post production – to make puree out of vegetables and fruits.

But right now, they are still at a stage of conducting a feasibility and market study,” he said.

On tourism, he said City Tourism Office head Generose Tecson highlighted the different tourism sports in the city that are suited for the Japanese, including spas, golf courses and nature parks.

He said Tecson mentioned about the shared historical ties between Davao City and Japan.

A “Little Tokyo” is being developed in Mintal where around 30,000 Japanese lived before World War II. The To u r i s m Infrastructure and Enterprise Zone Authority (TIEZA) earmarked P120 million to build a heritage site right within “Little Tokyo.”

“I think, as mentioned to me by TIEZA, this will be the first project that will be put in the tourism map focusing on the good relationship between Japanese and Filipinos. If you go to other places, it’s more about the war. Here, it’s a different story,” said Mintal barangay chair Ramon M. Bargamento II.

Pledge... from page 1

(ABAC) member, said about 250,000 displaced residents of Marawi City are returning home.

Barcelon said more funds are needed to build houses, roads, facilities like hospitals, among others.

“We (also) have to look at what kind of industries can be set up that can provide livelihood (opportunities for them),” he said in an interview with the Philippine News Agency (PNA).

B arcelon note d t hat embassies can look for opportunities and determine how they can provide assistance for the rehabilitation of Marawi City.

“All of that will translate to more economic activities in the Marawi area. That will (also) help Cagayan, Iligan,” he added.

Apar t f rom p ossible assistance for rebuilding Marawi, Barcelon also expects foreign companies to express interest in investing in the Philippines.

“Here in infrastructure, like power, roads, all these (and) in the agriculture sector.

A lot of infrastructures are needed in the regions, whether they are in construction, in water,” he said.

Meanwhile, ABIS, hosted by the ABAC, is expected to draw more than 1,700 guests representing toplevel executives from diverse sectors; distinguished thought leaders; champions and leaders from across the region coming from government, bu s i ne ss , t h e a c a d e me and research entities; and entrepreneurship mentors and enablers.

Themed “World Leaders’ Roadmap Towards Prosperity for All”, the event seeks to become the catalyst for closer cooperation between the public and private sectors

to boost inclusive growth in the region.

The two-day event shall cover topics ranging from ASEAN Build, Build, Bu i l d – In f r ast r u c tu re Development: A Perspective (Building for the Future) – which aims to facilitate discussions on current and upcoming initiatives of the public and private sectors in strengthening infrastructure development across ASEAN. (PNA)

Denies... from page 1

service area attributed by its bulk supplier Rio Verde Water Consortium to storm damage to its facilities, the signing of a joint venture with a competing bulk supplier which would subsequently ditch the COWD-Rio Verde arrangement, and the looming threat of Rio Verde to cut off its 40,000 cubic-meter supply if the utility would not gave in to the contractor’s demands of a rate increase.

B a l d e l ov a r h ow e v e r said that his resignation takes effect December 31, 2017 because he has been appointed as chief operating officer of another company that is also engage in the water business – Hydroplast Philippines Corporation.

Baldelovar was quick to clarify though that his new employer by January 1, 2018 – Hydrovast – is not engaged in the supply of potable water, adding that the Cagayan de Oro-based one-year-old firm is engaged in septage management and wastewater treatment.

Barring insinuations that he had been pressured to give up his position, Baldelovar said his upcoming job as chief operating officer of Hydrovast entails a full-time focus, thus the resignation.

Since his resignation has yet to take effect on December

31, Baldelovar vowed to continue functioning as board member of COWD by actively participating in two more board meetings of the board before the year ends.

The first of the remaining board meetings is set today (November 6), in which the COWD board will tackle the reply of Rio Verde Water Consortium, Inc. on the utility’s stance denying the supplier’s demand for a water rate increase from P10 to P16 per cubic meter.

Baldelovar said minutes of all board meetings of the COWD directors are public documents.

Outdoor... from page 1

climbers settle a camp at the Philcom tower and spent the night not only setting up a tent but also camaraderie among co-climbers. A night full of trivia, laughter, music and a little booze filled the cold night air and tender breeze.

“It has been a great experience to finally do things for the first time. It was exhausting climbing up and down the trails but it was all worth it. The experience is definitely one for the books,” said Bai Naliyagan 2017 June Cyra Pineda as she shares her experience during the awarding of certificates down in Datu Lipus Makapandong Ecotourism Park and Campsite.

The 450 pesos registration includes Basic Mountaineering Courses 1 and 2, certificates, drifit shirts and a boodle fight waiting down the peak.

The pilot implementation of this activity is ver y significant for the Provincial Tourism Office plans to establish it as an annual activity in the succeeding years.

Proposal to create City Meat Inspection Division under study CAGAYAN DE ORO CITY -The proposal to create a City Meat Inspection Service Division (CMIS) as a regulatory service under the City Veterinary Office is now being studied by the 18th City Council headed by Vice Mayor Raineir Joaquin V. Uy. The proposed legislation covers the establishment and operation of the CMIS, its composition, functions and source of funds for the conduct of its services and implementation of the laws, rules and regulations on food safety and meat inspection.

The CMIS shall be composed of the Regulatory, Meat Establishment Inspection, Meat Safety and Assurance Sections.

Among others, it shall be tasked to issue license to operate and register Meat Establishments, Meat Transport Vehicles (MTV), Meat Handlers and Meat Control Officer.

The CMIS shall also regulate the slaughtering, preparation, transport, marketing, inspection and hygiene of meat and meat products. As such, all applications for Business and Mayor’s permit of those engaged in the business of meat products shall pass the office of the city Veterinarian for proper recording and evaluation, among others.

Under the proposed law, the CMIS will see to it that the city is implementing and complying with the meat hygiene and inspection laws, rules and regulations and ensure that the slaughterhouse facility equipment and utensils are in good operating condition at all times.

HOT MEAT The proposed law provides that as the need arises Task Force Hot Meat shall be organized with members to be designated by the City Veterinary Officer.

The proposed task force shall have the power to confiscate any carcasses or parts and meat products found to have been prepared, handled, packed, stored, transported or offered for sale within the city as human food not in accordance with any provision of the Meat Inspection Code, among others.

The provisions of the proposed ordinance will be thoroughly discussed by the committees on health, sanitation and health insurance and on agriculture chaired by Councilors Maria Lourdes S. Gaane and Annie Y. Daba during a joint meeting on November 8, 10:30 a.m. at the City Council Session Hall. (SP)

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480 Casa Isabella (088) 8564065

Casa Azucena 8563402 / 09236593973

Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63

De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383

Kingston Lodge 8585696 Fax: 8585696

Seda Centrio Hotel 3238888 / 0917-577-5910 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS:

Dept. of Tourism 723696/726394 / 8564048 Fax: 723696

RESTAURANTS:

Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790

Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

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monday|november 6, 2017