BusinessWeek Mindanao (November 6, 2015)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 058

Market Indicators

As of 6:10 pm November 5, 2015 (thursday)

FOREX

PHISIX

US$1 = P46.93

7,122.45

0.17 cents

X

X

78.57 points

Briefly Power ‘interregnum’ ILIGAN City -- The city government here fell into an “interregnum” for the past days as Mayor Celso Regencia attempted to regain the mayoral post from an acting city mayor who refuses to step down.

Regencia, whose suspension already expired last October 18, is trying to “remotely” exercise his executive powers while in jail over another case.

The Department of Interior and Local Government (DILG) meted a 180-day suspension against Regencia six months ago over administrative charges filed

by Vice Mayor Rudirec Marzo and members of the City Council for allegedly refusing to sign an ordinance approved by the local august body.

Financial literacy BUTUAN City -- Enthusiastic for their first organizational development training, some 50 members of Talacogon Overseas Filipino Workers and Dependent Association (TODA) actively participated in the Financial Literacy Seminar and Simple Business Plan Making carried out recently

by Overseas Workers Welfare Administration (OWWA) Regional Welfare Office 13 in partnership with Atikha Overseas Workers and Communities Initiative Inc. (AOWCI).

In her discussion on Financial Literacy, Christy Mae Espejon of AOWCI gave emphasis on the value and concept of saving, investment, and budgeting of OFW’s income. Espejon also facilitated several exercises to elaborate her discussion among the participants.

Likewise, other topics during the seminar such as Migration Realities and Simple Business Plan Making were tackled by OWWA personnel.

www.businessweekmindanao.com

2014 ppi’S Best in ENVIRONMENTAL Reporting Friday | November 6, 2015

P15.00

Cebu developer launches Mesaverte project in Oro Y

OUNG professionals, start-up families and investors will soon have a better choice to settle in an accessible, convenient, exclusive and yet affordable place right at the heart of Cagayan de Oro City.

This will be so as Cebu Landmasters, Inc. (CLI) will hold the grand launch of its latest project -- the Mesaverte Residences, a community of three midrise condominiums, today, Nov. 6, 2015.

Mesaverte Residences will be built in a prime ne i g hb orho o d b e t we e n Corrales and Osmeña Ext., parallel and in-between Claro M. Recto Ave. and Capitol University, announced Jose mesaverte/PAGE 11

M’danao Med Expo drums up positive ‘Ombud’ decision, ‘harsh and a healthcare market miscarriage of justice:’ Moreno MESAVERTE RESIDENCES. As shown in this architect’s perspective, a cluster of three mid-rise condominiums will rise in the heart of Cagayan de Oro. It is the first venture in the city of Cebu Landmasters, Inc. photo provided

By CHENG ORDONEZ, Executive Editor

By CRIS DIAZ, Contributing Editor

CAGAYAN de Oro City Mayor Oscar Moreno has described the Ombudsman’s

order dismissing him as City Mayor as “harsh and a miscarriage of justice.”

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

The Office of the Ombudsman has issued a press release Thursday, dismissing Moreno and two moreno/PAGE 11

THE Misamis Or iental Medical Society (MOMS), 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.

About 29 exhibitors have participated the event that started Nov. 3 and ends up yesterday, Nov. 5, at the activity center of the Ayala Mall Centrio in Cagayan de Oro City.

MOMS president and overall chair Dr. Ferdie Miranda said the expo gives a boost to the healthcare industry in Region 10.

Heldf for the first time in the region, the 1st Medical expo/PAGE 11

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

BusinessWeek MINDANAO

2

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

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

Economy

DOLE, RTWPB hold wage clinic in MisOcc O R O Q U I E TA C i t y - The Regional Tripartite Wages and Productivity Board, Regional Board 10

(RTWPB-10), an attached agency of the Department of Labor and Employment (DOLE-10) collaborated

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

with the Misamis Occidental Provincial Field Of f ice (MisOcc PFO) to conduct a wage clinic to 50 employers and workers in the private sector on 30 September 2015 in Oroquieta City.

DOLE-10 MisOcc PFO Head Leonardo G. Rodrigo said the clinic is in line with the newly approved Wage Order No. RX-18 to ensure its strict compliance and effective implementation.

The RTWPB-10, chaired

by DOLE-X Regional Director Raymundo G. Agravante, has recently issued Wage Order No. RX-18 granting the increase of the prevailing minimum daily wage rates

DPWH-ARMM to undertake more infrastructure projects M A R AW I C it y - - T h e D e p a r t m e nt o f P u b l i c Works and Highways in the Autonomous Region in Muslim Mindanao (DPWHARMM) vowed to boost infrastructure projects across the region as it keeps up with the reform agenda of the Autonomous Regional Government.

Engr. Don Mustapha L o on g , DP W H - A R M M secretary, said the good governance practices introduced by the present A R M M a d m i n i st r at i on have transformed the department into one of the most competent line agencies in the ARMM. He said the reforms included prudent fiscal management and a policy of transparency and accountability among the

of covered workers and employees in the private establishments by Twelve Pesos (P12.00) per day starting 3 July 2015.

The Order covers the provinces of Misamis Oriental, Bukidnon, Camiguin, Lanao del Norte, and Misamis Occidental.

“ The mandator y minimum wage was set in accordance with the socioeconomic and businessrelated factors in the region,” said Agravante.

These include among others, inflation rate, the salary adjustment’s impact on prices of goods and services, clinic/PAGE 11

department’s officials and employees.

The DPWH-ARMM, he said, has enforced, for the first time in the history of the ARMM, an open and competitive bidding and procurement process in line with RA 9184 or the Government Procurement Reform Act. Loong said the agency’s transformation contributed to better public expenditure and made p ossible the implementation of more infrastructure projects in the region.

The DPWH-ARMM’s budget consistently increased from P1 billion in 2012 to P10 billion in the current fiscal year. It has targeted to pave a total of 1,031.285 kilometers of roads across the projects/PAGE 11

Tirso Neri St., Cagayan de Oro City Accommodations and rates

Pinakalami-an!

DALTAN’S KAMBINGAN Kambingan, Bulalohan, Native Manok, Seafoods, Chicken Inasal, Halal.

Tiano Corner JR. Borja St. | OPEN 24 HOURS!

Single Room Standard Room Twin-bed room Deluxe Room Suite Room Family Room

-

P650.00 P850.00 P900.00 P1000.00 P1300.00 P1500.00

Features and Amenities Coffee Bar Spa Business Center Laundry Medical Tourism Tel #: 088-309-2222/ 08822-72-2222/ 088-857-4447 Sun Cell #: 0922-821-9728 Email: info@victoriasuitesonline.com Website: www.victoriasuitesonline.com

22

ne.

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

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

friday|November 6, 2015

3

BusinessWeek MINDANAO

4

Opinion

2013 ppi’S Best in Business and Economic Reporting 2014 ppi’S Best in ENVIRONMENTAL Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

friday|November 6, 2015

More Power! An Entrepreneur’s Road Map to SUCCESS

BusinessWeek MINDANAO

Encouraging Employees to Express Themselves

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO ROSE MARY D. SUDARIA, Ph.D. Vice President for Finance

ALLAN mario MEDIANTE

Vice President for CorporateAffairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing BOB BARE

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor

BONG FABE

CLIFFORD SANTILLAN

JUN AYENSA

mel-rose codilla

Associate Editor

Layout Artist Advertising

Regional Editor Caraga

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

MARKETING staff manila office: Unit 310 Valero Plaza, Valero Street, Salcedo Village, Makati City; lani vallido-Marketing Manager DAVAO: JESUS P. PALABAO 0926-190-9063 / 0946-242-6672

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City.

It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463826-272-000 – VAT. Reg., and with Business Permit No. 201512879. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

Member: Philippine Press Institute Oro Chamber

Made for Pleasure

T

hink a minute…Sex was God’s idea. God created sex in marriage for pleasure.

The problem is that we have misused and twisted God’s plan for sex. We ruin this beautiful gift from God by using sex wrongly. So we actually hurt ourselves with wrong kinds of sex that were never intended for us. Sex is like our other appetites. Just like our appetite for food is to keep our body strong and healthy, sex has 2 main purposes: for PLEASURE and PROCREATION or having children. So we must use our sex drive in the right way for it to work best for us.

The only way sex can be fully enjoyed is in marriage.

It’s not lust and desire for anybody we want, so we can just use them to make us feel good for the moment. God designed us so that sex we have with anyone who is not our wife or husband is not pleasure that will keep satisfying us for a lifetime, because it’s not a permanent, secure relationship. What’s more, sex with others you do not know well is extremely dangerous because of AIDS and other sexually transmitted diseases. Remember, you’re not only having sex with that one person, but you’re having sex with every other person

THINK

A Minute

Jhan Tiafau Hurst they have ever had sex with!

God intended sex to continually get better in marriage because you love and know each other better through the years. So even though your children are grown up, that does not mean sex has finished serving its purpose. God’s plan for sex is much more than that.

Remember, sexual closeness in marriage is for both the husband’s and wife’s pleasure.

That’s the kind of love God created for us to express and enjoy. Passionate love that satisfies your wife or husband and not just you.

If you’re married and don’t enjoy close, intimate love in your relationship, then you’re missing one of the greatest gifts God has given to us human beings. So hurst/PAGE 9

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

W

hat d o e s y o u r company stand to gain f rom 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 long-term success. However, when your employees feel that they are stifled and constrained, their productivity and effectiveness is reduced.

Encouraging freedom of expression and open communication among the team boosts morale, thus maximizing efficiency.

The following are ways in which you can help your employees better express themselves in the workplace: • Give employe es a judgment-free platform for posting any questions, comments, or concerns they have regarding the policies of the company. This way, you can be able to identify the things that impede your

team productivity of which you may be oblivious of.

• Encourage employees at all levels to submit custom s o l u t i o n s t o c o mp a ny problems.

• Allot employees personal time to pursue unique workrelated projects. Google has applied this principle with overwhelming success. Let your employees do his passion for their work; you will be surprised on how they are willing to go to extra mile for it.

• Relax company policies on dress code, conduct, computer time, and breaks as much as possible. Allow your employees to be themselves as long s their attires are decent and respectable.

Happier employees result in a more active and creative environment.

• Soften hierarchal and departmental boundaries by encouraging transparency, communication, and teamwork.

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

By encouraging your employees to form a deeper relat ionship w it h your company, you foster a sense of mutual purpose between employee and company.

Furthermore, this will earn you their respect, dedication and most i mp or t ant ly, commitment for a lasting professional relationship.

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

New borders in Europe?

I

grew up with German borders (East and West) during the so-called Cold War during the 1960s till the fall of the Berlin Wall 25 years ago. I know, what it means to wait hours and hours before military check points, before being able to meet family members again - even for a few hours only.

Several leaders from the European Union and the Balkan states held a summit in Brussels over the refugee crisis yesterday (Sunday, October 25,2015). I am writing this piece Monday afternoon. The talks came after Bulgaria, Romania and Serbia threatened to close their borders. No wonder!

The mini-summit yesterday,focused on the influx of asylum seekers to Europe, with some countries, such as Germany and Sweden, in favor of a relocation and distribution operation across the continent.

Yesterday, in an interview published in German newspaper “Bild,” President

of the European Commission Jean-Claude Juncker urged the countries to stop passing migrants to neighboring states in “chaotic conditions.” He added that EU states “must take care to uphold orderly procedures and conditions.

The European Commission expects everyone to obey the rules of the game if we don’t want to put Schengen at risk,” Juncker said, referring to the EU’s border-free zone. What else could he have said? But isn’t Schengen - the “United” Europe already at risk, since more and more states think more on themselves?

As thousands of refugees continue to arrive in Europe, Serbia, Romania and Bulgaria warned on Saturday that they would not allow themselves to become a “buffer zone” and would close their borders if northern EU member states stop accepting asylum seekers.

“All three countries are ready if Germany and Austria and other countries close their borders […], we will be ready to also close our borders at

that very same moment,” Bulgarian Prime Minister Boyko Borisov said following talks between the three Balkan leaders in Sofia.

A divided opinion - that’s the main dilemma right now.

Europe is struggling to find a solution to deal with the unprecedented numbers of refugees. Around 670,000 people - mainly from Syria, Iraq and Afghanistan - have already arrived in Europe this year.

According to EU figures, Slovenia - which has a population of just 2 million people - recorded the arrival of more than 47,500 asylum seekers last week. If Slovenia fails to receive some 140 million euros ($155 million) from Brussels to help cope with the crisis, Ljubljana has threatened to build its own barrier at the SlovenianCroatian border. Neighboring Hungary has already sealad off its southern borders.

And, there are terrible fears ahead of winter. With winter temperatures already

H ave M y Say

Klaus Doring

beginning to drop, human rights organization, Amnesty International, has warned that Europe could be faced with a humanitarian crisis if EU and Balkan leaders fail to quickly find a solution. Yes, every day counts. It breaks my heart. It’s sad too say: we will soon witness families dying wretchedly in chilly rivers in the Balkans. +++ Email: doringklaus@gmail. com or follow me in Facebook or Twitter or visitwww.germanexpatinthephilippines.blogspot. com or www.klausdoringsclassicalmusic.blogspot.com.

In fairness, not all PNP men into “tanim bala”

L

IFE’S INSPIRATIONS: “…

Do not trust in extortion or put vain hope in stolen goods; though your riches increase, do not set your heart on them…” (Psalm 62:10, the Holy Bible).

-ooo IN FAIRNESS, NOT ALL NAIA POLICEMEN A R E I N T O “ TA N I M BALA”: In fairness to the Philippine National Police contingent at the Ninoy Aquino International Airport (NAIA), it is clear that, if ever there is a syndicate that “plants” bullets into luggage or bags of people travelling

abroad, not all policemen at the NAIA are involved in the now world-famous “tanim bala” scam.

I know. My own mother, S a l v a c i on Ha b e r L a z o Mauricio, experienced the same embarrassing incident when she was still travelling regularly to Los Angeles, USA, in the not too distant past. She forgot, honestly, that a live bullet she had been keeping as an amulet in her shoulder bag was not taken out by her before she left for the airport.

Naturally, the bullet was found at NAIA. Dumbfounded

by the discovery, my mother did not know what to do. Yet, she managed to ask the police personnel at the airport to call me. I then asked if they would be preventing my mother to leave. I was told that, no, since my mother clearly had no criminal intent and the bullet already seized, the PNP allowed her to go to US, without further fuss, and that was the end of it.

-ooo “TANIM BALA” PROBE

BY CREDIBLE OFFICIALS: Of course, as things at the airport now stand, it would seem that finding bullets

K akampi

Mo A ng Batas

Atty. Batas Mauricio at the luggage and bags of travellers has become a source of illicit income for some batas/PAGE 9

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

Billboard

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

5

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

Mitsubishi Motors Philippines collaborates with Visayan Electric Company on i-MiEV electric car evaluation M i tsub i sh i M o t o r s Philippines C o r p o r at i o n ( M M P C ) recently lend an i-MiEV (Mitsubishi innovative E l e c tr i c Veh i c l e ) u n it to Vis ayan E l e c tri c C omp any ( V E C O ) for demo purposes. VECO is the second largest electric utility in the Philippines.

It serves the cities of Cebu, Mandaue, Talisay, Naga and four municipalities of the greater part of Metro Cebu - Liloan, Consolacion, Minglanilla and San Fernando.

Under the demo program, VECO will study and evaluate the behavior and performance of Mitsubishi Motors’ zero emission pure electric car i-MiEV, via actual usage on Cebu roads.

This will also enable VECO to make an assessment on the power requirements including cost and other technical related issues. This cooperation also aims to provide better knowledge, awareness, and appreciation on the EV technology.

“We are pleas ed to cooperate with VECO on

the evaluation of our i-MiEV, pure electric car.” Mr. Froilan Dytianquin said. He added that VECO will be able to use the car and understand its performance and charging requirements. We are also hoping that we can include VECO as one of our partners in raising awareness of the public that pure electric vehicles in addition to being environment friendly, can be viable for daily use.

The i-MiEV is an ultimate eco-car which was launched

by Mitsubishi Motors in 2009. Aside from being environmentally friendly, the i-MiEV is also ver y economical since the cost p er k i lometer to dr ive the i-MiEV is one third of a comparable gasoline vehicle. With its zero carbon dioxide tailpipe emissions, the i-MiEV makes a valuable contribution to climate protection which also made it to be the recipient of the “Environment Special Grand Prize” at the 25th International Automobile festival in Paris. i-MiEV is now selling in many countries and regions all over the world, including

From left to right: Mr. Froilan Dytianquin - MMPC FVP- Marketing; Mr. Anton Perdices – VECO COO; Mr. Rene Poro – FAPC AVP; Mr. Byron Daquil – MMPC Product Planning Engineer

Japan, Europe, Hong Kong, Australia, Estonia and in the United States and Canada.

Shown in the photo

(from left) is Mr. Froilan Dytianquin, MMPC First Vice President for Marketing, Mr. Anton Perdices, VECO

Chief Operating Officer, Mr. Rene Poro, Assistant Vice President for Operations, Fast Autoworld Philippines

C o r p. ( M M P C ’s C e b u franchised dealer), and Mr. Byron Daquil, from MMPC Product Planning section.

BPI Family Savings Bank strengthens position as the leading bank for consumer loans MAKATI CITY, Philippines—BPI Family Savings Bank recently reaped a string of recognitions for its mission to enable Filipinos to “achieve their dreams now rather than later“.

The awards are: • Alpha Southeast Asia, Best SME Bank in the Philippines (for 6 consecutive years) • Alpha Southeast Asia, Best Mortgage Lending Bank in the

Philippines (for 2 consecutive years) • The Asian Banker, Best Mortgage Product • Boomerang Awards, Digital ProgramsEffectiveness in Sales “These awards inspire us to make our loans more accessible and affordable to countless Filipinos who are actively pursuing their dreams,” says BPI Family Savings Bank President Natividad

Alejo. “Whether it’s through our products or how our customers can access these products, we continue to push for the most relevant and most convenient services for our customers.

We’re here as partners for growth of the Filipino family and business, and we’ll make sure we keep delivering the solutions they need to succeed,” Alejo adds.

As a fitting follow-up to the Best Retail Bank for 2015 award received by BPI in March this year from the Asian Banker, BPI Family received the Best Mortgage Product Award from the same institution in awarding ceremonies earlier this month in Makati City.

In the photo are (L-R) Asian Banker’s Andreas Klimsa; BFSB’s Herbert , Ginbee and Nabbie Alejo; BPI’s Noel Tagaza and Simon Paterno; Boon Ping Foo and Mobasher Zein Kazmi of The Asian Banker.

BPI Family was named Best SME Bank in the Philippines by Alpha Southeast Asia for the sixth consecutive year. The Hong Kong-based institutional investment magazine recognized BPI Family’s efforts to strengthen Filipino entrepreneurs through its KaNegosyo product. Receiving the award are (L-R) BPI Retail Lending Head Ginbee Go, BPI Family Bank President Nabbie Alejo and Senior Vice President and Ka Negosyo Loans Division Head Cedoy Roces (extreme right) from Alpha Southeast Asia CEO and Publisher Siddiq Bazarwala.

Alpha Southeast Asia also named BPI Family Best Mortgage Lending Bank in the Philippines for the second consecutive year, fortifying BFSB’s position as a force in the real estate lending industry. Receiving the award from Alpha Southeast Asia’s Siddiq are (L-R) Nabbie Alejo, Ginbee Go and Vice President and Retail Mortgage Division Head Herbert Tuason.

BusinessWeek MINDANAO

6

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

Dra. Rachel D. Dilla, Mindanao Medical Expo 2015 Chairman, delivers her message, welcoming all the exhibitors and participants of the event.

Events

City Health Office of CDO

Polymedic Medical Group and Capitol University Medical Center provided free Blood Pressure and Hemo Glucose Test.

Aside from them, there was also blood-letting event conducted by Philippine Red Cross – Mindanao Regional Blood Center.

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

Maria Reyna XU Hospital

There are a total of 29 exhibitors forming the first medical expo in Mindanao last November 3-5 at Centrio Mall Activity Center. It is organized by Misamis Oriental Medical Society, in cooperation with BusinessWeek Mindanao, its daughter newspaper Mindanao Daily News and Department of Health – Region 10.

Medical Expo also promoted health awareness and shared information on health through series of seminar on the second day of the event.

Misamis Oriental Medical Society

Northern Mindanao Medical Center

all photos by : irene joy dayo

Region 10 Director Nimfa Torrizo is the opening’s guest speaker. With her in the photo are Dr. Ferdinand Miranda, President of Misamis Oriental Medical Society; Expo Chairman Dra. Rachel D. Dilla, and Mr. Dante M. Sudaria, BusinessWeek Mindanao Corp. President and CEO.

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

CorporateWorld

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

7

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

Robust banking sector cited Italpinas sees strong demand for IPO BACKED by the strong performance of the banking sector that accounts for over 80 percent, the Philippine financial system remained in a position of strength in the first half 2015, amid structural shifts in the global and domestic f inancial landscape, the central bank said Wednesday.

Total resources expanded by 9.0 percent to P11.2 trillion, said a Bangko Sentral report. Assets shifted and reflected banks’ risk-taking activities to maximize returns following the double-digit expansions on the investment portfolio (13.3 percent) and loan portfolio (12.9 percent), vis-a-vis the 2.5-percent contraction in cash-anddue from banks. Despite the moderation on credit allocation particularly with the real estate sector, the BSP said it remains proactive in its surveillance and use of macroprudential tools to mitigate the buildup of systemic risks.

Funding profile remains st able, w it h ret ai l and domestic-oriented deposit liabilities continuing to be the main source of fund.

Total deposit liabilities posted growth of 9.0 percent at end June 2015. This is modest compared to the 18.3-percent growth recorded in 2013 on account of more alternative investment products like

insurance variables in the market with more competitive rates as cmpared to deposit interest rate, the BSP said.

The BSP noted that the banks’ more upbeat stance toward loan and investment portfolio expansion proved beneficial, as net profit grew by 8.1 percent to P68.9 billion year on year.

This was supported by expansions in interest-based revenues (7.8 percent) and non-interest based income (11.0 percent). Trading i n c om e , i n p ar t i c u l ar, posted hefty growth of 35.9 percent on favorable market sentiment in the first half of 2015.

The central bank said the country’s “archipelagic landscape provides challenges and opportunities in the provision of much-needed financial services, particularly in remote rural areas,” a situation that has spurred more innovation and competition among players.

BSP for its part said it continues to be responsive by building on its financial inclusion agenda through reforms in the provision of innovative f inancial products and services in the countrtyside.

As of end-June 2015, there were 638 operating banks with 9,890 branches; and 268 of these banks were offering banking/PAGE 9

I

TALPINAS Development Corp. sees brisk demand for its planned P242million first-time share sale despite volatile market conditions, as the sustainable property developer gears up for the development of two mixeduse projects in Cagayan de Oro and Batangas.

In a briefing on We d n e s d a y, It a l p i n a s Chairman Romolo Nati said he is confident that interest in the company’s share sale will be strong given the liquidity in the market.

“It’s quite a small IPO (initial public offering).

We’re just offering 26% of the company and raising P242 million. There’s liquidity to afford this IPO. We are quite confident,” Mr. Nati said.

L ast week, Italpinas obtained the go signal from the Securities and Exchange C om m i s s i on ( SE C ) t o undertake its IPO in what could potentially be the fifth stock market listing this year.

“Make no mistake, despite Italpinas’ small size, it will be a force to contend with in five years,” Unicapital, Inc.

Managing Director Leonardo R. Arguelles, Jr. said.

After developing its maiden project Primavera Residences, Italpinas is building two bigger mixeduse projects -- Primavera City in Cagayan de Oro and Miramonti in Sto. Tomas, Batangas -- at a cost of P670 million and P750 million, respectively, company VicePresident for Banking and Bu s i n e s s D e ve l opm e nt Harold J. Dacumos said.

Primavera City, envisioned to be a sustainable mixed-use condominium project, will

commence construction in the fourth quarter of 2015 with estimated completion in the fourth quarter of 2017.

The project will comprise seven mixed-use residential and commercial buildings, construction of which will be implemented in four phases.

Each building will have an array of solar panels that will generate energy for the building’s consumption.

Likewise, Italpinas is acquiring a 1,796 square meter property in Batangas where it plans to build three italpinas/PAGE 9

BusinessWeek MINDANAO

8

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

Community

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

Pelaez sought help of ECCD for a childhood care center in Misamis Oriental

MISAMIS ORIENTAL – VICE GOVERNOR JOEY G. PELAEZ again sought the help of another government agency, maximizing the resources of the government, this time with the Early Childhood Care and Development (ECCD) Council. Pelaez wants the establishment of an Early Childhood Care Center here in Misamis Oriental.

A former colleague in the Department of Education (DepEd) and now the Executive Director of the ECCD, Teresita Inchiong he e de d t he ca l l of Vice Governor Pelaez. She said that the ECCD will provide two Early Childhood Care Center for the Province.

These Childhood Care Centers will be situated in the Municipality of Talisayan for the First District and the Municipality of Jasaan for the Second District.

“I am happy that Executive

Director Inchiong has heard our clamor for a Childhood Care and Development Center in our Province. Our work has really paid off. We only asked for one but she is even very generous enough to give us two Childhood Care and Development Centers for Misamis Oriental,” Pelaez said.

Vice Governor Pelaez sought the assistance of ECCD to reinforce not just the pupils and student of pr imar y, s e condar y and tertiary education, but also the learners in the nursery schools in the province.

It will be recalled that Pelaez is a former Executive Director of the Center for Students and Co-Curricular Affairs of the Department of Education Central Office b e f o r e e l e c t e d a s Vi c e Governor. He continues his advocacy for education here in Misamis Oriental.

FORMER COLLEAGUES IN DEPED – VICE GOVERNOR JOEY G. PELAEZ was reunited with former Department of Education (DepEd) Assistant Secretary and now Early Childhood Care and Development (ECCD) Executive Director TERESITA INCHIONG (2nd from left) former DepEd Undersecretary and now ECCD Consultant YOLANDA QUIJANO (extreme right) and former DepEd Assistant Secretary and now ECCD Consultant LETECIA PICHAY (extreme left), during their lunch meeting at the Richmond Hotel, Ortigas Center, Pasig City. Vice Governor Pelaez sought the help of Executive Director Teresita Inchiong for the establishment of an ECCD Center in Misamis Oriental.

Inmates of Misamis Oriental Provincial Jail are all smiles after Governor Bambi Emano once again join them in the Celebration of NATIONAL CORRECTIONAL CONSCIOUSNESS MONTH October 27, 2015. The governor encourage the inmates to use their time inside to reflect on what to change in their lives so that they will walk out as changed men and women who can contribute to the betterment of society. As christmas is near, the father of the province also ask the public to support the inmates' livelihood by buying christmas lanterns from MOPJ. Since Governor Bambi Emano held office, many changes and developments are implemented in MOPJ including the increase of food allowance. photo courtesy of governor bambi emano’s facebook page

BusinessWeek MINDANAO

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

friday|November 6, 2015

Hurst... from page 4

why not ask Jesus to forgive you for your wrongs in your life and marriage. Then ask Him to start changing you into a new person who learns to love your mate the way God wants you to. It’s only then that your marriage can start becoming the happy, satisfying one you want for the rest of your life. Just Think a Minute…

Batas... from page 4

unscrupulous policemen and NAIA employees. The story goes that, many travellers simply pay their way out, especially if they know they really own the bullets anyway.

Inv e s t i g at i on s mu s t therefore be carried out soonest, and by credible

officials at that. The longer this is unresolved, to the satisfaction of everyone, it is sure to give more black eye not only to the already dis cre dite d NAIA wit h its decrepit facilities, but also to the country and to our people, who are now collectively regarded, officials and ordinary citizens alike, as a nation of thieves and grafters.

Already, Facebook posts of travellers covering themselves and their luggage with plastic to prevent “tanim bala” from happening to them now abound. This is totally absurd and shameful, and could even cause a repercussion among overseas Filipino workers (OFWs) w ho may f ind themselves not only being ridiculed by their foreign employers, but separated from their employment as well.

READ MORE; BE MORE

By Maydafe Cherryl A. Carlos Teacher/Puerto Elementary School Reading is the single most important skill necessary for a happy, productive and successful life. A child that is an excellent reader is a confident child, has a high level of self esteem and would likely to transcend his learning in reading to a real life experiences.

It is said that, “To read is to fly: it is to soar to a point of vantage which gives a view over wide terrains of history, human variety, ideas, shared experience and the fruits of many inquiries." So true!

Reading is really like taking a flight to high altitudes in pursuit of information and knowledge. It is a journey in search of enlightenment.

We have asked ourselves the question, "Why is reading important?" What was the answer that you got? I am sure your heart must have answered in favor of reading.

Reading is like providing the mind with nourishment.

Knowledge is the food for the mind and soul. Apart from giving us the basic information about the world around us, it also provides us with the food for thought.

It encourages us to think.

It increases our hunger for knowledge and our thirst to learn more.

It can be safely said that reading is the true backbone of most learning. After all, everything starts with the written word — whether it’s math, science or even home economics. As students go up the educational ladder, more reading is usually required as subjects become more dense and challenging.

The difficulty level simply increases — not the other way around.

Hence, if a student’s reading comprehension is poor, chances are his/her performance in other subjects will be compromised.

Doing so increases a student’s exposure to more books, which consequently means a wider breadth of knowledge. This also means schools will have to provide more books to ensure students are always given

fresh material to read and enjoy. Once done, reading then becomes inculcated early on, and from simply being a “subject” in school, it can develop into a lifetime habit, which means students b e c ome l i fe t i me ( s e l f ) learners.

Reading is an integral part of our lives. It is important at every level as it supports learning in many ways, and as we all know, learning is the way of life. Hence, it is absolutely necessary to develop this skill from the beginning. To know more about teaching strategies for improved reading, read ahead and you shall know more… that is why this summer. The kids do not only learn to READ MORE but it makes them to become MORE person.

Yes, it’s true that sparing our time with these kids t is the most indispensable thing we could offer to make their lives more profitable, meaningful and colorful, as we brought them to the most exciting part in traveling around the world through reading. We have helped them in our simple ways, by exploring and getting engaged into a real life experiences through creative reading and making them realized that a journey through a good education starts in a single step of reading.

As a mentor, we finally say, we have done our share to the success that reading intervention program, and we are very proud to say that, in our little ways we have shared a big heart to help our pupils learn something this summer. It is indeed a self – fulfilling and rewarding!

-ooo HOW CAN WE FEED OUR FAMILIES WITH STOLEN WEALTH? If “tanim bala” is true, I again grapple with the question, how can our police and airport personnel resort to it? Indeed, “tanim bala” shows how low Filipinos have descended to, in their quest for easy, stolen, and illicit money. It also shows that we, as a people, have lost all traces of morality and righteousness, because we can now afford feed our families with stolen wealth.

Of course, many Filipinos will say, stealing is now a way of life for many of us, particularly politicians and officials of government who, publicly, espouse righteous principles. If the high and the mighty can go ahead and steal, why not the lowerranked employees do it, too?

Indeed, Filipinos are in the forefront of proving the Biblical prophecy, found in 1 Timothy 4:1 and 2 Timothy 3:1 and the subsequent verses, which say that mankind will stop following sound teaching but will instead imbibe doctrines from the devil as the end nears. This is very sad, for, clearly, the penalty for this sinfulness is death, both here in this world and in the life hereafter.

-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.

Email: batasmauricio@yahoo. com.

Banking... from page 7

various e-baking services like electronic wallet, cash/ remittance products, internet banking, phone banking, mobile banking and hybrid mobile/internet via BancNetMegaLink switch banking service in the Philippines.

Notwithstanding t h e s u s t ai n e d p o s it i v e performance of the financial system, the BSP continues to closely monitor potential pressure points. This is in line, said BSP, with its objective of promoting greater financial stability.

Italpinas... from page 7

mixed-use buildings. It has a right of first refusal on an adjacent property with a land area of approximately 7,354 square meters.

Italpinas is scouting for land in second- and third-tier cities, or areas where there is vast demand but has been traditionally underserved, Mr. Nati said.

Italpinas has a 25% stake in Constellation Energy Corp., which has a number of renewable energy projects in the country.

9

2014 ppi’S Best in ENVIRONMENTAL Reporting

Fortinet Complements Cisco Application Centric Infrastructure with High-Performance SDN Security New FortiGate Connector for Cisco ACI Delivers App-Centric Security Automation For Data Center Agility

T

aguig, Philippines, November 4, 2015 – Fortinet® (NASDAQ: FTNT) – the global leader in high-performance cybersecurity solutions, today announced the integration of the Fortinet FortiGate firewall solution into the Cisco® Application Policy Infrastructure Controller™ (APIC).

APIC is the controller for Cisco Application Centric Infrastructure (ACI), the industry’s most comprehensive SDN architecture, which dramatically reduces TCO, automates IT tasks and accelerates data center application deployments. The new FortiGate Connector for Cisco ACI is designed with the security needs of software-defined data centers in mind, enabling physical and virtual networks to deploy policy-driven application services across Layer 4 – 7 fabrics. This integration further extends the Fortinet SoftwareDefined Network Security (SDNS) Framework, a first of its kind offering designed to provide advanced threat protection through the integration of security into modern, agile data center environments. Fortinet’s leading high-performance cybersecurity solutions integrated withCisco’s Application Centric Infrastructure (ACI) can help joint Cisco and Fortinet customers to significantly reduce data center operating costs without compromising on security or performance.

Agile Data Center Security Services The promise of the modern data center lies in the business agility that it can facilitate. Traditionally, networking and layer 4 – 7 application services have required manual configuration and constant management to keep pace with changes in the data center. Today, organizations can more nimbly provide rapid, cloud-like services to users, customers and partners. They are also able to consolidate infrastructure components and services so that they are automated, driven by business policies and centrally managed for performance.

The new FortiGate Connector for Cisco ACI delivers application-centric security automation to modern data centers. The solution provides automated and pre-defined policybased security provisioning for next-generation firewall services, enabling transparent security services insertion anywhere in the

network fabric with singlepane-of-glass network management for full visibility on security policy enforcement.

“ACI delivers unique benefits to customers through policy-based automation, greater scalability through a distributed enforcement system, and greater network visibility through the integration of physical and virtual environments,” said Ish Limkakeng, vice president, product management at Cisco. “The FortiGate Connector for Cisco ACI delivers security protection for enterprise applications and workloads, while enabling automation for greater business efficiencies and cost savings.”

FortiGate Connector for Cisco ACI The open framework of Cisco ACI enables ecosystem partners such as Fortinet to seamlessly interoperate with the Cisco ACI fabric.The Fortinet SDNS framework provides the visionary path for security integration in a SDN or Network Function Virtualization (NFV) deployment and allows for a seamless experience with Cisco’s Layer 2 and Layer 3 network fabric. The FortiGate Connector for Cisco ACI requires two components from Fortinet, the FortiGate device package to Cisco APIC; and FortiGate physical and virtual appliances. The connector allows customers to choose pre-defined application firewall policies and automate security orchestration for FortiGate appliances across Layer 4 – 7 fabrics.

“With the shift to agile, software-defined data centers comes increased security concerns for many organizations,” said John Maddison, vice president of product and solutions at Fortinet. “The data center is the heart of the network where application workloads are modified, added, changed, or deleted through manual security provisioning-processes prone to human error. FortiGate Connector for Cisco ACI eliminates these cumbersome processes and automates security policies so they can be centrally orchestrated with better traffic visibility and scalability based on application workloads.”

With this new offering, IT administrators can easily define the application security rules for different workloads in the Cisco APIC and configure the policies within FortiGate appliances. When a security policy is triggered during

the application deployment lifecycle, Cisco’s APIC redirects the application traffic through Fortinet FortiGate appliances for advanced firewall inspection including IP reputation, web filtering, anti-virus, DNS filtering, SSH inspection, IPS, and DDoS without manual intervention.

In addition, the integrated solution enables: • Better visibility and security correlated with overlay and underlay networks • Lower TCO from reduced OpEx • Accelerated application and Layer 4 – 7 network security deployment • Increased efficiency in service provisioning and network security segmentation Supporting Quotes “As a long-term joint customer, we see the commitment Fortinet andCisco share in delivering applications while ensuring IT flexibility.

The solution provides the capabilities to configure policies thatsimplify and automate nextgeneration firewall services efficiently throughout our infrastructure.” – Erik Sohlman, senior manager infrastructure, Axians Availability The FortiGate Connector for Cisco ACI will be availablein Q4 2015.

For more information, please visit: http://www. fortinet.com/products/ fortigate/cisco-aci.html.

About Fortinet Fortinet (NASDAQ: FTNT) protects the most valuable assets of some of the largest enterprise, service provider and government organizations across the globe. The company’s fast, secure and global cyber security solutions provide broad, highperformance protection against dynamic security threats while simplifying the IT infrastructure.

They are strengthened by the industry’s highest level of threat research, intelligence and analytics.

Unlike pure-play network security providers, Fortinet can solve organizations’ most important security challenges, whether in networked, application or mobile environments - be it virtualized/cloud or physical. More than 210,000 customers worldwide, including some of the largest and most complex organizations, trust Fortinet to protect their brands. Learn more at http://www.fortinet. com, the Fortinet Blog or FortiGuard Labs.

10

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

friday|November 6, 2015

BusinessWeek MINDANAO

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

friday|November 6, 2015

Mesaverte... from page 1

Franco Soberano, CLI chief operating officer.

The project is also near Gaisano City Mall, Centrio Mall, Northern Mindanao Medical Center, Mindanao University of Science and Technology and Limketkai Center.

Soberano disclosed that Mesaverte Residences will be built in two phases. Phase 1 comprises the first two buildings which includes the clubhouse and amenity areas slated to be completed by 2018.

The two buildings will have 15-floors each with 18 residential units per floor configured with three 1-bedroom units and 15 studio units with an average area of 20-square meters.

504 units With the units priced between P1.4 million to P2.9 million, each building will have 262 units in all with the four corner units having a balcony each. Two of these are one-bedroom units and the other two are studio units.

Buyers can have the option to combine two or more units to expand and create a more comfortable living space, noted Sheila Romarate, who leads the CLI CDO sales unit.

Phase two’s third building is planned for 294 units, while the whole cluster is allocated with 239 parking slots.

Mesaverte Residences has similarities with the highly successful Mivesa Garden Residences, a master-planned community with a generous amenity area developed by CLI in Lahug, Cebu City.

The amenities for the CDO project include separate adult and kiddie swimming pools with a sunken pool deck. The clubhouse will have air-conditioned function rooms and a fitness gym.

While a retail arcade will be located at the main entrance, the project will also have a basketball court, jogging paths, and children’s playground.

20 in 12 Property management services will support the residents and handle the 24/7 security system that includes manning the cluster’s two entry points through Corrales and Osmeña extensions.

“Like Mivesa, our upcoming project in Cagayan de Oro will provide an ideal venue for neighborhood

building, family-bonding and healthy-living,” quipped Soberano.

“Buildings are designed in contemporary architecture.

The amenities of modern urban living are set amidst a relaxing environment to make one’s own home an easy respite at the end of a long day,” he added.

This venture will be the first for CLI outside Cebu where it had developed balanced communities for 12 years now. Cebu Landmasters has built at least 20 horizontal and vertical projects since 2003.

For i nqu i r i e s ab out Mesaverte Residences, one may visit the CLI office at the METZ Arcade on Gov. Roa St., or call either Romarate at (0917) 307-0086 or at (088) 880-8678. Those in Cebu may call (032) 262-9861.

Expo... from page 1

Expo enjoys the full backing of prominent health bodies, including the Department of Health in Northern Mindanao (DOH-10), and MOMS, which has members across hospitals and clinics in northern Mindanao.

It is co-presented by the Philippine Business For Social Progress (PBSP) and Global Fund and carries the theme, “Doctors Creating Health Awareness through Community Partnership.”

D r. R a c h e l D i l l a , chairperson of the Mindanao Medical Expo 2015, acknowledged the support, as partners, of the Department of Health, the JR Borja General 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 to push awareness on MOMS existence.

“This will be a three-day 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

Republic of the Philippines Local Civil Registry Office Province: LANAO DEL NORTE City/Municipality: KAPATAGAN NOTICE FOR PUBLICATION In compliance with Rule 7 of R.A. Act No. 10172, a notice is hereby served to the public that MARIEL V. FERNANDEZ has filed with this Office a petition for CHANGE OF GENDER from MALE to FEMALE in the Birth Certificate of MARILE V. FERNANDEZ who was born on December 6, 1999 at La Libertad, Kapatagan, Lanao del Norte whose parents are TEODULFO S. FERNANDEZ, JR. and HELEN M. VILLACRUSIS. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days

(SGD.) IVY R. TONGCO

MUNICIPAL CIVIL REGISTRAR BWM: November 6, 13 & 20, 2015

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 t he e ver incre asing awareness and benefits of quality healthcare, upward trend of medical 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 i n clu d e u n d e rs t an d i ng menstruation and pre-marital sex, the Philippine College Physicians, Philhealth, the Anesthesia Specialty Society and DOH-10 for its HIV-TB Campaign.

Yesterday, the last day of the 3-day exposition was highlighted by the HIV-TB Campaign.

Moreno...

from page 1 other Mayors in Mindanao for Grave Mis conduc t, Serious Dishonesty, Gross Neglect of Duty, and Conduct Prejudicial to the Best Interest of the Service.

In a statement released to the local media, Moreno said he has not received the order of the Ombudsman to dismiss him from service and criticized the Ombudsman for not giving credit to his counter affidavit.

While Moreno said that he has not received the order he mentioned in his statement t h at “t h e O mbu d s m an resolution cited him for not submitting a counter affidavit within the prescribed period.”

“I have submitted my counter affidavit relative to the case filed against me involving “Ajinomoto” case, but, the Ombudsman failed to read it,” Moreno said.

He said that he would file a motion for reconsideration with the Ombudsman and a restraining order with the Court of Appeals (CA) arguing that the dismissal was harsh and a “miscarriage of justice.”

In a press release posted on the official website of the Ombudsman, Ombudsman Conchita Carpio Morales approved the decision to dismiss Moreno and the C a g ay a n D e O ro C it y Treasurer Glenn Banez on October 6, 2015.

The Ombudsman found Moreno to have committed G r av e M i s c on du c t f or entering into a settlement agreement with Ajinomoto Philippines without prior authorization f rom the Sangguniang Panlungsod in violation of R.A.No. 7160 (The Local Government Code).

The agreement allowed Ajinomoto to pay P300thousand instead of its original local business tax deficiency of P2.9 million.

The Office of the Ombudsman ruled that the approval of the agreement by the court cannot in any way, legitimize the acts of Moreno.

from page 2

the region’s current economic condition, and the employers’ capacity to pay.

According to Agravante, the region has recorded an 86% compliance rate of establishments with the general labor standards as of September 2015.

RTWPB-10 Supervising Labor and Employment Officer, Odette Leh Carago presented and discussed the various areas covered under various categories of Wage Order No. ROX-18.

Oz am i z C it y i n t he Province of Misamis O cci d e nt a l f a l ls und e r Wage Category II with a new minimum wage rate of P313.00 for non-agricultural sector, with P301.00 for agricultural sector.

Whereas, in Oroquieta and Tangub Cities, all private establishments employing ten workers or less are under Wage Category III with a new minimum wage rate of P308.00 for non agriculture and P296.00 for agriculture.

All other areas of the Province not mentioned in both categories fall under Wage Category IV with a new minimum wage rate of P303.00 for non-agriculture and P291.00 for agriculture.

Moreover, the Regional Board has issued an advisory on productivity incentive p ay s c h e m e b e i ng t h e second tier (TIER 2) of the Two-Tiered Wage System (2TWS); a policy reform put in force by DOLE Secretary Rosalinda Dimapilis-Baldoz in pursuit of President Aquino III’s 22-point labor and employment agenda.

The 2T WS will set a genuine floor or minimum wage for workers while e ncour ag i ng t he m and the enterprises to become competitive and productive.

Republic of the Philippines Local Civil Registry Office Province: LANAO DEL NORTE City/Municipality: KAPATAGAN NOTICE FOR PUBLICATION In compliance with Rule 7 of R.A. Act. No. 10172, a notice is hereby served to the public that JEFSTER PACQUIAO GUMERA has filed with this Office a petition for CHANGE OF GENDER from FEMALE to MALE in the Birth Certificate of JEFSTER PACQUIAO GUMERA who was born on March 07, 1990 at KAPATAGAN, LANAO DEL NORTE whose parents are ORLANDO GUMERA and JULIETA GUMERA. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

(SGD.) IVY R. TONGCO Municipal Civil Registrar

Office of the Municipal Civil Registrar R.A. 9048 From No. (LCRO) NOTICE OF PUBLICATION

In compliance with section 7 of R.A. 9048, a notice is hereby served to the public that VERONICA L. DURANO has filed with this office a petition for change of Name from BELEN to EVELYN in the birth certificate of EVELYN SANTOS DURANO who was born on December 24, 1954 at Lapinig, Kapatagan Lanao del Norte and whose parents are RAFAEL DURANO and MARGARITA SANTOS. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days.

(SGD.) IVY R. TONGCO Municipal Civil Registrar

Also incorporated in the program was the Minimum Wage Setting for Domestic Workers pursuant to Republic Act 10361, also known as the “Batas Kasambahay Law.” The activity aimed t o p r o m o t e v o l u nt a r y compli ance w it h l ab or standards, specifically on minimum wage. It also served as a forum for the employers as well as the employees to share their experiences in the implementation of the minimum wage policy at their workplaces. (Lei Garrett I. Miraflor/DOLE-X MisOcc PFO)

Projects... from page 2

region from 2012 to 2015.

As of October 2015, it has already concreted 348.471 kilometers, while a total of 562.272 kilometers of road concreting projects are presently on-going.

Loong said the bigger budgetary allocation is a historic milestone that allowed the department to construct new roads and other infrastructure facilities.

He said the massive infrastructure projects have allowed the DPWH-ARMM to contribute to job generation in the region.

On November 4, the agency marked its 25th anniversary. Loong said the department is gearing towards getting an International Organization for Standardization (ISO) 9001 certification to help boost the performance of the agency.

Meanwhile, ARMM ViceGovernor Haroun Al-Rashid Lucman lauded the DPWH-ARMM for its contributions to the reforms in the ARMM and in the improvement of the delivery of basic government services in the region. (BPI/PIA-10)

EXTRAJUDICIAL SETTLEMENT WITH DEED OF EXCHANGE Notice is hereby given that the intestate estate of the Late MERLINA TAJOR AMORA (died May 22, 2003) and JUSTINIANO V. AMORA (died May 02, 2009), left a parcel of land situated in Baybay Alubijid, Misamis Oriental and which property described as follows; TCT No. T-3409 Lot 11532, CAD-237 (FPA 161455) Under Tax Declaration No. 0817000210868 Area: .9272 square meters more or less is the subject of EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND Under Notary Public of Atty. Emelito J. Marquiño per Doc, No. 367; Page No. 73; Book No. XI; Series of 2015 BWM Oct. 23, 30 & Nov. 6, 2015

BWM: November 6, 13 & 20, 2015

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan

BWM: November 6, 13 & 20, 2015

Clinic...

11

2014 ppi’S Best in ENVIRONMENTAL Reporting

Republic of the Philippines Local Civil Registry Office Province: LANAO DEL NORTE City/Municipality: KAPATAGAN NOTICE FOR PUBLICATION In compliance with Rule 7 of R.A. Act. No. 10172, a notice is hereby served to the public that JASMIN P. TAÑAÑA has filed with this Office a petition for CHANGE OF GENDER from MALE to FEMALE in the Birth Certificate of JASMIN P. TAÑAÑA who was born on October 21, 2000 at La Libertad, Kapatagan Lanao del Norte whose parents are NELSON TAÑAÑA and MARLYN C. PACULANAN. Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

BWM: November 6, 13 & 20, 2015

(SGD.) IVY R. TONGCO Municipal Civil Registrar

12

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

friday|November 6, 2015

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

friday | november 6, 2015

2014 ppi’S Best in ENVIRONMENTAL Reporting

Editor: Cheng Ordoñez

YOUR Mindanao-wide BUSINESS paper

B1

Hotels, DOT eye regulatory legislation to curb growing Airbnb clients, listings

By Mike Baños, Editor-at-Large

‘Most of us simply want what Quebec is proposing: The same rules for everyone.’

T

he private and public sectors of the hotel industry agree there should be regulatory legislation to regulate the proliferation of non-hotel accommodations which visitors to the country can now avail of through the online booking websites such as Airbnb.

Airbnb is a website for people to list, find, and rent lodging. It has over 1,500,000 listings in 34,000 cities and 190 countries. It allows travelers, especially those traveling on a limited budget, to book their accommodation online.

The Airbnb website at https://www.airbnb.com/s/ Philippines currently lists around 300 vacation rentals all over the country from Metro Manila, Cebu, Balabag, Taguig, Botolan including houses, bed & breakfasts, lofts and villas.

A business daily

recently reported Airbnb, Inc. is projecting Philippine home listings and clients to grow 300% by the end of 2015 and by the same margin in 2016 by expanding outside Metro Manila. Airbnb Ph has partnered with Smart Communications, Inc. offering discounts for Smart subscribers, PLDT HOME subscribers and clients of PLDT Alpha Enterprise and PLDT Smart SME Nation.

The issue of unfair competition from Airbnb airbnb/PAGE B3

Uptown Condotel’s interior designer Oggie Marquez and CEO Erwin L. Pepino. photo by gerry lee gorit

BusinessWeek MINDANAO

B2

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

Uptown Condotel shines for Christmas

CAGAYAN DE ORO CITY UPTOWN Condotel showcased its fascinating Christmas lights starting last November 3.

Located at Fr. Masterson Ave., Xavier Estates, Cagayan de Oro City, Uptown Condotel is an elegant boutique hotel with full condominium amenities complete with kitchen facilities, breathable space with unique loft bedroom, high-speed wifi, chiropractic beds, and all other

things that brings you to pristine comfort of home.

The hotel is known for its superb customer service ideal for family, groups, and business travelers who need a safe and luxurious haven to stay where they can cook, dine, relax, and enjoy may it be on a daily basis or long stay.

Ultimately, Uptown Condotel is Cagayan de Oro’s best kept secret! For more details, visitwww. uptowncondotel. com. (by mark francisco)

The lighted facade of Uptown Condotel.

photo by gerry lee gorit

SM malls kick off Christmas celebrations with Hello Kitty, Ballet Manila and more Usher in the holiday spirit this weekend as SM malls across Mindanao hold Christmas celebrations with fun-loving Sanrio icon Hello Kitty, premier dance company Ballet Manila, and various musical performers.

On Friday, November 6, 6pm, delight in Hello Kitty as she lights up SM City Davao’s Christmas centerpiece with BadtzMaru, My Melody, Kerokerokeroppi and Purin. Enjoy a grand Christmas production starring magical fairies, elves, and other characters kids will surely love.

Witness the Hello Kitty holiday set light up with hundreds of plush Hello

Kitty toys on display!

The joyous celebrations continue on Saturday, November 7 at SM malls.

In SM Lanang Premier, be part of the festivities as the mall unveils the Hello Kitty Christmas Street at the Atrium at 6pm. Watch the metro’s adorable little girls and most endearing mother-and-daughter duos walk the runway at the Hello Kitty fun fashion show. Marvel at the mall’s 58-foot Christmas tree as Hello Kitty with her friends lights it up at 6:30 pm. TV personality and singer Tippy Dos Santos will host the occasion.

At SM City Cagayan de Oro, rejoice in the splendor of the season

UNAHCO announces ‘Kaagapay Sa Tagumpay’ grand draw winners Univet Nutrition and Animal Healthcare Company (UNAHCO), makers of Univet veterinary products, Thunderbird gamefowl feeds, and Pigrolac hog feeds, has announced the list of major prize winners in the grand draw of its “Kaagapay sa Tagumpay” raffle promo and expressed thanks to its loyal customers for their continuing support and patronage.

UNAHCO President and COO Ricardo C. Alba said the millions of entries they received for the raffle promo reflect the enormous trust and confidence of their customers to the company

and its various products and services.

“The response to our ‘Kaagapay sa Tagumpay’ raffle promo is truly heartwarming, and it shows how our customers appreciate the sincere efforts of the men and women of UNAHCO to provide them our best products and services,” Mr. Alba said.

The “Kaagapay sa Tagumpay Handog Pasasalamat Raffle Promo” is part of the company’s 50th anniversary celebrations and the grand draw included new entries as well as all non-winning raffle entries from the preliminary draw held last May 15, 2015.

The grand draw was held last October 15 at the recently concluded Agrilink 2015 exhibition at the World Trade Center in Pasay City, and the four grand prize winners will each receive a brand-new Toyota Wigo.

The grand winner for Upper Luzon is Leonard Agcaoili of Cauayan in Isabela, while for Lower Luzon, the winner is Edwin Andal of Lipa City in Batangas.

In the Visayas, it is Andrea Perez of Pototan in Iloilo, and in Mindanao, it is Cindy Benolerao of Lala town in Lanao del Norte.

Aside from the Toyota Wigo cars, other prizes

were given away during the grand draw, including eight winners each per region of a Kawasaki motorcycle; eight LG refrigerators; eight Motor Star generator sets; and eight Dowell stand fans.

The complete list of winners can be viewed in the Facebook pages of PigrolacPH and ThunderbirdPH. “We congratulate all the winners, and we hope that the ‘Kaagapay’ prizes will truly be of help to you, both personally and to further grow your businesses, because these raffle prizes are meant to be practical tools in your farms,” Mr. Alba concluded.

SM Cares Bears of Joy

as the mall celebrates a Royal Christmas at 5pm on Saturday. Be filled with the holiday spirit as the grand tree lighting happens at the Event Center. Be captivated by classical and contemporary performances of Ballet Manila, a group founded by the country’s prima ballerina, Lisa MacujaElizalde.

Meanwhile, dazzling entertainment awaits shoppers at SM City General Santos at 5pm this Saturday. Bask in the music of the Dominican Choir, SM Little Stars, and HTC Marching Band and performances of the Poinsettia Ballerinas, Teatro Ambahanon and Royeca School of Ballet.

Gaze in awe at the mall’s giant Christmas tree as it lights up with the sweetest cupcakes and candy canes and indoor magical fireworks.

Hello Kitty meetand-greet sessions will also be taking place this Christmas season at the said malls. Cuddle up to well-loved Sanrio characters for a minimum

purchase of P500 worth of Hello Kitty items from The SM Store or Toy Kingdom. Check each mall’s respective Facebook accounts and in-mall posters for the schedules.

Christmas is also a time for giving back. To spread the joy of giving, SM City Davao, SM Lanang Premier, SM City General Santos and SM City Cagayan de Oro have chosen 200 kids to receive their early Christmas presents from Santa Claus on the launch dates.

SM Supermalls also invites you to share your blessings through the SM Cares Bears of Joy campaign. For only 200 pesos, get a pair of cuddly bears from Toy Kingdom, one is yours to keep while the other will be donated to a chosen charity.

Celebrate the joy of Christmas at SM Supermalls! For inquiries, call SM City Davao at (082) 297-6998, SM Lanang Premier at (082) 285-0943, SM City General Santos at (083) 878-0667 and SM City Cagayan de Oro at (088) 859-2884.

BusinessWeek MINDANAO

LifeStyle B3 The Book and The DVD That Changed My Life

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

friday|November 6, 2015

EMPRESS M

by

Michelle Francisco

www.EmpressMichelleFrancisco.com

Airbnb... from page B1

hosts to accredited hotels and similar establishments was raised during the Mindanao Regional Meeting of the Tourism Congress Philippines (TCP) held Thursday, 29 Oct 2015 at the VIP Hotel in Cagayan de Oro City.

According to Rosanna Tuason-Fores, TCP president, the organization is the private sector consultative body created by Republic Act 9593 (Tourism Act of 2009) and mandated to assist government in the development, implementation, and coordination of Philippine tourism policy.

“It is composed of duly accredited tourism enterprises covering the accommodation, travel and tours, meetings, conventions, exhibitions and events services and facilities sectors, tourism and estate development, management services and other accredited tourism enterprises,” she added.

Maria Rica C. Bueno, Director, Office of Tourism Standards & Regulations, Department of Tourism said the issue has already been

T

he Secret by Rhonda Byrne. Such an amazing book that it brought hope, joy and

referred to the DOT by the Phil. Hotel Owners Association, Inc. (PHOA).

“At this point in time we don’t have a policy or a program yet, on how to address Airbnb,” Bueno said. “While we are in the process of processing and developing accommodation standards, we will get insights from the industry and our consultants on how we will address this issue. They are already here and most of them are condominiums.”

Previously known as The Phil. Hotel Federation Inc., the PHOA’s primary objective is to bring together those in the accommodation industry (hotels, resorts, tourist inns, pension houses, and serviced apartments), and organize them to protect and promote their common interest and concerns.

Arturo P. Boncato Jr., DOT assistant secretary for Mindanao, said the present thinking here and abroad is leaning towards regulating listed host establishments in Airbnb and similar online booking websites.

“The local government of Quebec, Canada has filed a bill requiring all

happiness into my life. It changed me as a person and how I look at things and everything else.

Airbnb establishments to pay the exact same taxes as regular hotels. This has already also been experienced in many parts of the world and I believe that should be the direction in dealing this new way of booking and travel which is similar to Uber itself in terms of getting their franchises paid and taxes, etc.,” Boncato said.

Cynthia R. Mamon, TCP trustee, said the hotel industry is apprehensive of Airbnb hosted establishments because they are not accredited with the DOT and have no standards to comply with when dealing with guests and accommodations.

“One bag egg, whether accredited or not, will spoil the whole basket,” Mamon said.

“If we cannot police our own ranks, and encourage everyone to register with the DOT, how can we police the foreigners who come here and own our national landscapes and hospitality establishments?”

In his column The Hotel Mogel dated 27 October 2015, Larry Mogelonsky, founder, LMA Communications

It was years ago when my husband, Elmer, was given a dvd by his friend. He was intrigued and asked me if I wanted to watch it because he thought that I would like it.

So, we watched ‘The Secret’ dvd together. It was life changing! I will never forget his friend, Mr. Du, who gave him that dvd. If he would happen to read this, thank you. After watching the dvd, I decided to read the book as well. But, I suggest that you watch the dvd first.

What is The Secret? The Secret is the law of attraction.

It says that it can give you anything you want: happiness, health and wealth. And, you can be anything you want to be. It says, like attracts like, what you think you get, what you hate you attract, etc.

The power of thoughts, really. We are already in an era wherein the power of our minds is growing strong. Your thoughts become the things and experiences in your life.

Whatever is happening to you, you attracted to you.

Most of the people think of what they don’t want and wonder why it shows up. So, this book will teach you how to think properly and use it to your advantage.

Every time I get off-track, I make it a point to watch the dvd right away to bring me back to the right frequency.

In life, people will provoke

Inc. of Toronto, Canada described how the Canadian province of Quebec filed Bill 67, which would require Airbnb hosts “to comply with the same taxes paid by licensed hotel properties.”

Quebec Tourism Minister Dominique Vien said in a press conference that “everyone is going to play on the same rink” and cited the huge amount of tax that would be recouped in provincial coffers that the bill’s passage would impose on Airbnb operators (and their guests as a pass-on expense). “It is inequitable, unsafe and just not fair.”

Mogelonsky said “hotels go through a literal ton of red tape to obey the rules of the road, and it’s unjust that Airbnb has been able to circumnavigate these stipulations which are in place to first and foremost protect guests from harm.”

“These fiercely independent properties are regulated by Quebec law as well as through licenses which cover safety, health and other related matters. These B&B owners also pay

you, hate you, make you angry but what’s important is how you react to it (I learned this the hard way, believe me).

You should be aware of your thoughts and make sure that you only put positive thoughts in it. Surround yourself with positive people.

Good thoughts, good feelings. So when you feel bad, it’s a sign that you are thinking bad thoughts and that you should shift back to thinking good thoughts so that you will feel good again.

Think of something happy like good memories.

It will also teach you the creation process which is to ask, believe and receive.

Read the book or watch the video… It might change your life too.

“Whatever the mind … can conceive it can achieve.” - W. Clement Stone (1902-2002)

M

Love,

You can follow me at the following social media: https://www.facebook.com/ EmpressMCF https://instagram.com/ empressmichellefrancisco https://twitter.com/empressmcf

commercial property tax, contribute to local tourism contributions (in essence, another tax), and provincial and federal sales taxes. In a nutshell, these are good corporate citizens and true hoteliers, admittedly on a smaller scale than the Fairmont.”

“Most of us simply want what Quebec is proposing: The same rules for everyone.”

Vien vowed last 29 April 2015 that the province will crack down on rentals through housing brokers such as Airbnb and subject Airbnb hosts and guests to the same rules hotels are subjected to.

Other local governments in Europe and the US have already legislated similar measures.

A 2011 New York State law prohibits renting residential units for less than 29 days, with some exceptions. In May 2013, a New York City judge penalized Airbnb user Nigel Warren with a $2,400 fine. In April 2015, Airbnb asked the state legislature for legalization in return for the collection of hotel taxes.

In January 2014, the

Federal Court of Germany ruled that a transfer of residence to tourists is not covered by a permission to sublet. In this case, the tenant was previously warned by the landlords.

A pending new case centers on the question, even if a termination without notice is possible if no explicit permission from the landlord is obtained.

In Airbnb’s home city of San Francisco itself, Airbnb hosting was illegal under most circumstances and Airbnb hosts had been fined by the city and received eviction notices from landlords.

This changed in October 2014, when San Francisco Mayor Ed Lee signed a law legalizing short-term rentals in San Francisco.

Dubbed the “Airbnb Law” (as Airbnb was the most affected company), the law requires renters to register as hosts with the city, carry liability insurance and pay the city’s 14 percent hotel tax. According to a study commissioned by Airbnb itself, in fiscal year 20112012, Airbnb should have collected and remitted $1.9 million to the City of San Francisco, but have yet done so as of 2014.

B4

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

friday|November 6, 2015