BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 059

Market Indicators

As of 6:30 pm November 7, 2015 (saturday)

FOREX

X

US$1 = P46.93 no changes

PHISIX

X

7,118.20

4.25 points

Briefly Gender training MARAWI City – In an effort to deepen the knowledge and skills of humanitarian workers in the Autonomous Region in Muslim Mindanao (ARMM) on gender issues, the region’s Commission on Bangsamoro Women (RCBWARMM) conducted a training workshop for gender focal persons from different ARMM agencies and humanitarian workers on October 26 to 30, 2015 in Davao City. Sittie Jehanne Mutin, RCBW-ARMM chairperson, said the workshop was conducted in partnership with the United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA). It was aimed at ‘genderizing’ humanitarian action during emergencies, such as disaster or crisis, to ensure that women’s needs are properly addressed.

Internship program VALENCIA City -- The Department of Labor and Employment, Regional Office No. X (DOLE-X), through its Bukidnon Provincial Field Office (Buk PFO) hired four Government Internship Program (GIP) beneficiaries for the period 1 July 2015 until 31 December 2015. DOLE-X Regional Director Raymundo G. Agravante instructed all provincial heads of the strict implementation of the GIP. Bukidnon PFO Head Raul L. Valmores reiterated that GIP is a component of the government’s Kabataan 2000 project under Executive Order No. 139 Series of 1993, which aimed to provide opportunities for young workers to serve the general public through the projects and services of government agencies and offices at both local and national.

www.businessweekmindanao.com

2014 ppi’S Best in ENVIRONMENTAL Reporting

Monday | November 9, 2015

P15.00

Italpinas execs bullish:

Debut in stock market to boost expansion T

By MARK D. FRANCISCO, Staff Writer

OP officials of Cagayan de Oro Citybased developer Italpinas Development Corporation have expressed confidence that the company’s debut in the stock market would give a big boost to their expansion plans in the next few years.

GREEN CONDO. Primavera Residences is Italpinas Development Corporation flagship project located in Cagayan de Oro City. The firm has just given regulatory approval to go public by the Security Exchange Commission (SEC).

In a press conference following this development, It a lpi n a s D e ve l opm e nt C or p or at i on e x e c ut i v e chairman and COO Romolo V. Nati said Italpinas is the first Italian-Filipino venture and first sustainable development firm to be listed

in the Philippine Stock Exchange (PSE). Italpinas’ flagship project Primavera Residences in Cagayan de Oro City is a pioneer in environmentfriendly architecture in Northern Mindanao and italpinas/PAGE 7

ARMM offers duty-free importation ICT industry offers top incentives for regional investors career opportunities but COTABATO City -- The Agreement (JMOA) between free importation of items talent pool not sufficient Autonomous Region in the Regional Economic Zone identified in the agreement. Muslim Mindanao (ARMM) is offering duty-free importation of identified materials and equipment following the signing of a Joint Memorandum of

Authority (REZA)-ARMM and the Bureau of Customs in this city, Friday. With the agreement, investors can now enjoy an unprecedented duty

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 JMO will allow REZA locators or those investors registered under the region’s board of investments (RBOIARMM) and other economic incentives/PAGE 7

By ANTONIO L. COLINA IV, MindaNews

D AVA O C i t y – T h e information communications technology (ICT) industry offers highly competitive

career opportunities but only a limited number will land jobs because the talent pool may not match with the most in-demand and hard-to-fill jobs, an official of an IT organization said. Genny Marcial, executive director for external affairs and membership of the Information Technology and Business Process Association of the Philippines (ITBPAP) told participants of the Davao Investment C onference (iCON) last Friday that the countr y produces about ict/PAGE 7

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

monday|November 9, 2015

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

Economy

DTI awards BAGWIS seals to 22 establishments in NorMin

A

By JASPER MARIE OBLINA-RUCAT, Contributor

T O TA L o f 2 2 establishments in Northern Mindanao has been awarded by the Department of Trade and Industry (DTI) region 10 with BAGWIS seal including five Liquefied Petroleum

Gas (LPG) dealers who are first time awardees in celebration of Consumer Welfare Month. Atty. Fel Lester Brillantes, legal officer and chief of the Consumer Welfare Division of DTI region 10 said that

the awarding of the Bagwis seal is aimed to recognize business establishments that practice fair business and uphold the rights and welfare of consumers. Formerly known as the DTI-Certified Establishment, the DTI Bagwis Program gives due recognition to

safe and quality products at the best value for money, Brillantes said. The Bagwis Seal is classified into Gold, Silver and Bronze. B ag w is Bron z e S e a l awardees include CDO 2 Cycles Marketing Corp., Fabulous Jeans and Shirts

establishments that adhere fair trade laws, rules and regulations, having consumer welfare desks, and giving quality customer services to clients. Further, their Bagwis seals or seals of excellence can serve as guide and assurance where consumers can buy

and General Merchandise and Metro Gold Supermart Inc. in Bukidnon, DL Bonita Merchandising-Catarman Branch in Camiguin, Mtzia Corporation, and JI and JEs General Merchandise in Lanao del Norte, and JoMary Construction Supply bagwis/PAGE 6

DOLE, RTWPB hold wage clinic in MisOcc

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

OROQUIETA City -- The Regional Tripartite Wages and Productivity Board, Regional B oard 10 (RT WPB-10), an attached agency of the Department of Labor and Employment (DOLE-10) collaborated with the Misamis Occidental Provincial Field Office (MisOcc PFO) to conduct a wage clinic to 50 employers and workers in the private sector on last week in Oroquieta City.

daily wage rates 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 mandatory minimum wage was set in accordance with the socioeconomic and business-

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 D OLE-X Regional Director R aymundo G. Agravante, has recently issued Wage Order No. RX18 granting the increase of the prevailing minimum

related factors in the region,” said Agravante. These include among others, inflation rate, the salary adjustment’s impact on prices of goods and services, 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 clinic/PAGE 6

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 Editor: Nelson Constantino

CorporateWorld

Singapore Airlines mounts bid for full takeover of Tigerair SINGAPORE Airlines announced on Friday a full takeover bid for its struggling budget carrier subsidiary Tigerair and vowed to redevelop it as an integral part of the group’s portfolio. SIA currently owns 55.8 percent of Tigerair and the “voluntary conditional general offer” is for the shares it does not already own valued at around Sg$453 million ($322 million).

The airline said it intends to delist the budget carrier from the stock market. “SIA’s objective for the offer is to derive enhanced commercial and operational synergies through a full integration of Tiger Airways into the SIA Group,” the airline said in a statement. “SIA believes the Offer will benefit shareholders of both Tiger Airways and SIA.” The airline is offering

Tiger shareholders a price of Sg$0.41 per share in cash and an option to subscribe for SIA shares at Sg$11.1043. SIA shares closed at Sg$11.15 apiece on Thursday before the carrier announced that its second quarter net profit more than doubled. Ti ge r s h are s cl o s e d at Sg$0.31 on Thursday, meaning SIA’s offer price carries a 32 percent premium over that.

SIA said its offer will be funded from its “internal cash resources.” The airline on Thursday said its net profit in the three months to September soared 135 percent to Sg$213.6 million from the previous year, boosted by higher dividends from long-term investments and the absence of share loss from associated companies after it classified Tiger as a subsidiary.

Travel Weekly Asia readers name AirAsia as best low cost airliner AIRASIA took home the coveted title of Best Low Cost Carrier at the inaugural 2015 Travel Weekly Asia Reader’s Choice Awards as voted by the leading travel trade magazine’s strong base of readers comprising of seasoned travellers and industry players. Readers of Travel Weekly Asia magazine casted their votes from 14 August to 25 September 2015 on www. travelweekly-asia.com to choose their favourite t r av e l a n d h o s pit a l it y establishments out of 31

award categories ranging from airlines, cruise lines to travel agencies and hotel chains. Mr Logan Velaitham, CEO of AirAsia Singapore received the award on behalf of the AirAsia Group at the award ceremony held yesterday in Singapore. “On behalf of AirAsia Group, we are both delighted and proud to be recognized as the Best Low Cost Carrier among the readers of Travel Weekly Asia. Each award received is a testament to the hard work and determination

of 17,000 AirAsia Allstars around the globe and it drives us to develop even better products and services for our guests. We would like to thank everyone for voting for us,” said Logan. This is the first Travel Weekly Reader’s Choice Awards that is held in the Asia region as the spin-off of its American version which has been running for over a decade now in the United States. The Travel Weekly Asia Reader’s Choice Award will be presented annually to indust r y le aders as

recognition for their service and product excellence, voted by the magazine’s pool of discerning readers. I r e n e C hu a , G r o u p Publisher for Northstar Travel Media (Asia) said, “The awards are a confirmation of the travel industry’s most outstanding companies and lauds their achievements. Congratulations to all our winners, who truly deserve this recognition in the industr y. Travel Weekly Asia heralds the travel professionals who have truly airasia/PAGE 6

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

3

2014 ppi’S Best in ENVIRONMENTAL Reporting

monday|November 9, 2015

Globe Telecom announces key senior management appointments G L O B E Te l e c o m h a s an n ou n c e d ke y s e n i or management appointments and organization changes effective November 9, 2015 to further strengthen its position in the industry as the purveyor of the Filipino digital lifestyle and align its operations on current global trends. Gil B. Genio will be the new Chief Technology and Information Officer (CTIO). As CTIO, Genio will lead an integrated network and technology organization and the overall vision, development and execution of network and technology architecture and strategies, pro ac t ively resp onding to business and market demands. He will continue to be the company’s Chief Strategy Officer. Genio is currently Chief Operating

Officer for International and Business Markets. Alberto M. de Larrazabal w i l l b e t he ne w C hief Commercial Officer (CCO). As CCO, de Larrazabal will drive the integration and execution of strategies a c ro s s a l l c om m e rc i a l units, including marketing, sales and channels, and product development for all segments of business. All core business groups will be consolidated under the CCO. De Larrazabal is currently the company’s Chief Finance Officer, Treasurer and Chief Risk Officer. Rosemarie Maniego-Eala will be the Acting Chief Finance Officer. ManiegoEala will likewise assume the role of Treasurer and Chief Risk Officer. She joined Globe in 1998 as Director globe/PAGE 6

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

monday|November 9, 2015

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

More Power! An Entrepreneur’s Road Map to SUCCESS

Use More Stories When You Share Your Message

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

Temper Your Temper

T

hink a minute…There’s a story about a little boy who had a bad temper. His father gave him a bag of nails and told him that every time he got angry and lost his temper, he must hammer a nail into the fence. The first day, the boy hammered 37 nails into the fence! But over the next few weeks, as the boy was learning to control his temper, the number of nails he hammered each day gradually became fewer. Soon the boy discovered that it was easier to hold his temper than hammer nails into the fence. Finally the day came, when the boy did not lose his temper one time. He went to his father and proudly told him that he’d finally learned to control his anger. His father was very pleased. Then he told his son to go back to the fence and start pulling out one nail each day that he continued controlling his temper. Many days later the boy was so proud of himself the day he announced to his father that he had finally been able to pull out all the nails in the fence. His dad said: “Son, you’ve done so well in learning to control your anger. I’m very proud of you. But now look at all the holes in the fence from your nails. This fence

THINK

A Minute

Jhan Tiafau Hurst will never be the same! It’s like that when you get angry and say hurtful things to people. Your angry words leave scars just like the holes from these nails. Afterwards it doesn’t matter how many times you say ‘I’m sorry,’ that wound and scar you made in people’s hearts is still there.” Sometimes the hurts and wounds we make with our angry words are the worst kind. Yes, we should always apologize and tell others we’re sorry when we hurt them. But our families and friends would be much happier if we simply learned to control our anger in the first place. Think how much more peaceful and happy our life would be. So if you have trouble controlling your anger, you can give your heart to Jesus hurst/PAGE 6

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

I

’ll never forget one of the first times I gave an expert presentation. I was in front of a room of maybe 20-30 people, hoping to provide them with business-building advice that would motivate them to seek me out for additional help and services. When I was finished, I didn’t get a single inquiry. I wondered what I had done wrong, and mentioned it to

a mentor of mine. He said, “Did you tell any stories?” “Well, no,” I replied. “That’s the problem.” The next time, I began my presentation with a personal story about how I had applied certain principles to achieve a certain result. The rest of the presentation was basically the same, but this time, I received several inquiries. As an expert, you have a story to tell – a story about needs met and problems solved. Stories that focus on people with a problem, seeking a solution and finding a happy ending, touch emotional chords that can move your audience to action. How do stories motivate people? People make decisions when they feel that they’ll get results. Using stories puts a human face on your message

that can help people identify with others who have taken certain action in order to get certain results. It helps them feel that if it’s possible for one person, it’s possible for them, too. How do you craft an effective story? A good story builds up a problem for the main character. Describe the impact of the problem on the character’s life in vivid terms, drawing the audience in and helping them become invested in finding the solution. Then, at the emotional peak of the story, the solution emerges. After that, move the story on to a satisfying conclusion. In the process, the audience becomes engaged in how the journey unfolds, and how the character finds resolution. Note that when I use the term “character” I don’t necessarily

mean using fictional people. Stories from your own life or from the lives of your clients can be very effective. Why are stories more appealing than descriptions or “how-tos” ? A stor y is a more interesting and engaging message than a basic enumeration of a product’s features and benefits, or a simple step-by-step outline. Though this sort of concrete information is important too, the audience is more likely to remain connected to, and absorb and remember the details of a story. Stories also create images that your audience wants to emulate in their own lives. How do you use stories when you’re communicating about your message, products or services? Are they as effective and helpful?

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

Foreign Tourist Confidence

P

OLITICIANS of major parties and aggrupation have declared their candidacy for national positions and for Congress in the 2016 Election. The leading candidates who come from the elite in power politics are without economic program of governance. No one have ever mentioned of any advocacy to review and amend the economic provisions of our Constitution once elected into office. Aside from their rhetoric about personal issues and promises, we still have to hear from their platforms and political agenda to open the domestic economy to direct foreign ownership of business and land acquisition by foreigners in our country, a long clamor in the foreign business community and our economic Managers. Foreign investments as well as tourist arrivals in the Philippines are economic cycles closely related to each other that must be reconciled to some constitutional restriction in our country to ease foreign

confidence and built pride of ownership to their respective countries presence in the Philippines. Tr a v e l i s n o t o n l y motivated by leisure and tours alone but it is also driven by the business aspect of establishing friendship and good relations with people of other countries for trading of goods and exchange of ser vices. Some theories of business are influence by the inner drive to explore the outside world for knowledge and new discoveries. Magellan, the first foreign tourist who landed in the Philippines did not envision a sightseeing tour but was searching for spices and gold. The Portuguese traveler, Marco Polo, who sails to the Far East in the sixteen century neither has the fascination to taste the oriental cuisine of Honkong, but instead landed in the island to engage in trading of silk and barter of weapons with gold from the Chinese merchants.

Moving fast for ward from history to the present, some corollary data from the Central Bank of the Philippines showed that Foreign Direct Investment (FDI) for the first half of 2015 fell to 40 percent year to date, which is equivalent to USD 2 Billion of lost business opportunities compared to 2014. The Philippine Economic Zone Authority (PEZA) reported also that the first six months of the year, new foreign investment approvals went down by 25 percent representing USD 1.8 Billion forecast for both pioneering and expansion projects. The downturns figures have serious consequences to businesspersons travel and visits to the Philippines. This cou ld b e t ie d up to the equation of lower foreign investments equals few foreign arrivals and visits to our country. Our foreign arrival figures are extrapolated from the number of nationality passports of

TRAVERSING the

Tourism H i - way

Ped Quiamjot every arriving passenger in our port of entries. That is where our foreign arrival statistics comes from. Tourist confidence is factored in their countries presence in a foreign territory. It is not peace and order alone or the fear of entrapment in a “Tanim Bala” scenario that influence any country’s inclusion in the itineraries of travelers. Dubai, Qatar and Abu Dhabi in the United Arab Emirates are security conscious and expensive cities judging from their quiamjot/PAGE 6

The perils of a last-minute Comelec registrant

W

hy do we always wait until the last day before we do some very important chores? Many students routinely cram for examinations. Many taxpayers file their returns close to deadline. And yes, many voters, as shown last week, had their biometrics taken during the proverbial “last two minutes”. The short answer is: Because we often get away with it. But my daughter Frannie, another last-minute registrant last week, vows: “Never again.”

“Showing up on the last day of COMELEC voter’s registration was a bad idea, except that I had no choice. I had planned to go on Thursday, but the COMELEC website said that the (registration form) paper had to be a certain length and by the time I read it, it was too late to get to the store. I also ran out of ink. I also thought that that lining up after I bought the item at the store would be too late (I was advised to go as early as I could in the morning because so many others would be there at the last minute). I

was color-coded on Friday, so Saturday, October 31st, it was. “I showed up at Makati Coliseum at 7:25 a.m. with my hair still wet, (yes not damp, wet) and got to the long and winding line that probably started in the wee hours of the morning. A lady I met in line said she was there the previous day, but missed the cut-off of 800. “At around 9:30 a.m., a lady came by handing out orange slips of tape with our numbers. I was number 646! I made it! At that point I wondered if I could go home

SPEAKING

O ut

Ignacio Bunye to eat but the saleslady at the snack counter discouraged me because she said if I missed bunye/PAGE 6

BusinessWeek MINDANAO

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

AggieNews 5 November is Rice Awareness Month 2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

monday|November 9, 2015

“Be RICEponsible in your Own Way Now (BROWN) 4 Good” is this year’s theme for the celebration of the National Rice Awareness Month (NRAM) celebrated every November pursuant to Proclamation No. 524 issued on January 5, 2004. The Department of Agriculture (DA) implements the “Be RICEponsible” campaign, in partnership with other government agencies and private organizations, in a bid to urge Filipinos to take part in achieving rice self-sufficiency

as well as in promoting responsible rice consumption for better health, less wastage, and productive farming. In line with this celebration, DA will be conducting a series of RICEponsible forum started on November 5, 2015, in the province of Camiguin, which will be followed in other provinces of the region. Given emphasis on the forum is the government’s intervention on the RICEponsible campaign, which is to encouraged the public to eat equally healthy

rice substitutes such as sweet potato, banana, white corn, cassava, and taro root crops, and to minimize wastage. An interaction intended for the media practitioners

will also be scheduled on November 9, 2015. This will heighten more awareness and widen adoption of the campaign from the public, especially the consumers, producers and

policy makers. The monthlong activity will culminate with a simultaneous nationwide Run for Rice on November 28, at 5:30 a.m. to start and finish at the capitol grounds, Cagayan de

Oro City to be participated in by government employees. This activity will inspire the public to live a healthy lifestyle towards contributing in the attainment of rice self sufficiency. #sva

DA gives P1.3-B farm support P40.7-M rubber seen to boost to N. Mindanao farmers, LGUs facility farmers’ income THE Department of Agriculture on Thursday said that it has turned over more than P1.3 billion worth of projects and interventions to local government units and far mers in Reg ion 10 to further mechanize and upgrade the region’s agriculture sector towards global competitiveness. Agriculture Secretary Proceso Alcala said “the turnover of machineries, equipment, projects, livestock and seeds aims to enrich Northern Mindanao farmers’ knowledge and abilities on agricultural technologies to increase their production and income and equip them to compete in the ASEAN market.”

The turnover was part of the 22nd Farmers’ Field Days and Techno-Forum, held at the Northern Mindanao Agricultural Crops and Livestock Research Complex on Oct. 27-29, 2015. “The P1.34 billion that we gave to Northern Mindanao is quite huge. It is in line with this year’s farmers’ field day theme - More than Two Decades of Technology D e velopment, Transfer and Adoption: Bridging a Progressive Northern Mindanao towards ASEAN Competitiveness,” Alcala said. The machineries and equipment turned over du r i ng t h e s ai d e ve nt included six mini fourwheel drive tractors; two

combined harvesters and 16 turtle type power tillers for rice beneficiaries; seven hand tractors for high value crops development program beneficiaries; and nine farm tractors, four cassava diggers, five cassava graters and two grain dryers for corn beneficiaries. Three multi-purpose drying pavements worth P34.9 million were also awarded to the Payapa at Masaganang Pamayanan (PAMANA) project. Farm-to-market road (FMR) projects were also turned over to Camiguin amounting to P40 million; Philippine Rural Development Project (PRDP) sub-projects worth P1.2 billion; and initiatives under

the Bottom-up Budgeting (BUB) project with an amount of P 12.9 million. Indemnity checks worth P 1.7 million from the Philippine Crops Insurance Corp. (PCIC) were also distributed. Besides these, five carabaos, five heads of cattle and three packets of goats, as well as 100 bags of rice seeds and 100 bags of openpollinated variety corn seeds were also awarded to farmers. A groundbreaking ceremony for the construction of 2 FMRs for the municipalities of Manolo Fortich, Bukidnon and Calamba, Misamis Occidental, totaling to P 1.3 million, was also conducted. (PNA)

Search for urban container household gardening launched FOR the second time arou n d, t h e C it y Inte r Agenc y C ommittee and the City Government had launched the Search for the Urban Container Hous ehold Gardening Phase II at Barangay 15 in Cagayan de Oro city. The committee is c h a i r e d b y R e v. F r . Saturnino Lumba, SSJV. The par ticipants are the Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries from

Barangays 1 to 40. Each individual is challenged to pl ant any var iet y of vegetables in their backyard using recycled materials. The awarding ceremony is set on December this year, wherein the 1st prize winner will get P10,000; 2nd pr ize, P8,000; and 3rd pr ize, P6,000, plus consolation prizes will be given to the participants. Mayor Oscar Moreno together with City Social Welfare and Development

(CSWD) Of f icer Te ddy Sabuga-a, emphasized that the program is aimed at addressing poverty through food accessibility right on their own homes, a s i d e f r o m c o m b at i n g malnutrition. Partner agencies are: Archdiocese of Cagayan de Oro, Depar tment of E du c at i on ( D e p E d ) , Te c h n i c a l E d u c a t i o n and Skills Development Aut hor it y ( T E SDA ) , Depar tment of Interior

and L o c a l G over nment (DILG), City Health Office, C it y He a lt h In s u r a n c e Office, Balay Mindanaw, Group Foundation, World Vision, Ayala Foundation, Oro Youth, Agricultural Productivity Office and City Local Environment and Natu r a l R e s ou rc e s Office (CLENRO). The program centers on the theme: “Gulay ay Paramihin upang ang benepisyo ay bumalik sa atin.” (CIO)

THE Department of Agrarian Reform (DAR) has launched the construction of a rubber processing facility worth P40.7 million for the agrarian reform beneficiaries (ARBs) of Gastav, Banisilan, North Cotabato. DAR Undersecretar y for foreign assisted projects Herman Ongkiko said the project, courtesy of the Mindanao Sustainable Agrarian and Agriculture D e v e l opm e nt P ro g r a m (MINSAAD), involves the construction of 10x12 meter building and 10x12 meter air dr yer building with provisions of complete supply of motor control center, installation of power line (1-50KVA transformers), construction of transformer concrete pad, elevated water tank and piping system, and construction of waste water pond. The rubber processing facility is also equipped with a 13-blade primary slab cutter, creper and macerator, shredder, 400 KDR/HR trolley dryer, twin-cylinder hydraulic press, mechanical rubber washer/blender, 20 feet belt conveyor, 4x8 meters stainless top table, and 50kg. capacity digital scale. Ongkiko led the groundbreaking rites along with North Cotabato Governor Emmylou Taliño-

Mendoza, 3rd Dist. Rep. Jose Tejada, DAR Provincial Agrarian Reform Program Officer Marion Abella and MINSAAD Project Manager Cenon Original. “DAR aims to increase the productivity and income of the beneficiaries—the Banisilan Farmers Credit Cooperative. What we are doing is part of the agrarian reform community development plan of Banisilan,” Ongkiko said. “There are small-scale rubber processing plants in Cotabato and Bukidnon but it was too far from their farm sites that transportation cost becomes a burden to them,” he added. The constr uction of rubber processing plant, Ongkiko said, would address farmers’ concerns on hauling and delivery costs of their rubber cup lumps. “The cup lumps harvested by farmers will be processed as bailed rubber in this facility. This facility will also help increase the value of rubber cup lump, the coagulated rubber latex,” said Ongkiko. Ongkiko said farmers should produce quality rubber cup lumps so that their products could fetch good market prices. “Once the facility is completed, rubber farmers income/PAGE 6

BusinessWeek MINDANAO

6

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

monday|November 9, 2015

Hurst... from page 4

Christ today. It’s with His help and power you can start changing. You might start with small steps and control your temper one hour at a time. But the most important step is the first one. So why not take it now? Just Think a Minute…

Clinic... from page 2

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. Ozamiz City in the Province of Misamis Occidental falls under 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 nonagriculture and P291.00 for agriculture. Moreover, the Regional Board has issued an advisory on productivity incentive pay scheme being the 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 2TWS will set a genuine floor or minimum wage for workers while encouraging them and the enterprises to become competitive and productive. 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 to promote voluntary compliance with labor 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)

BAGWIS... from page 2

and Lumber, New El Franco Commercial, J Marketing Corporation and Seclot General Merchandise Inc. in Misamis Occidental. Meanwhile, silver awardees include D’Dales Shopping Center, Emmcor Inc., Highway Construction and General Merchandise, Bob’s Construction Supply, Princity Inc. and New Family Traders in Misamis Occidental, and five LPG outlets in Cagayan de Oro City including Juan Sia Enterprises and Grancia Marketing. As first time awardee, Dominick Grancia of Grancia Marketing said they are already 19 years in service and that they always uphold honesty

FOR IMMEDIATE EMPLOYMENT

LICENSED CIVIL ENGINEERS WITH 2-3 YEARS EXPERIENCE IN BUILDING CONSTRUCTION OR GOVERNMENT PROJECTS WILLING TO BE ASSIGNED ANYWHERE IN THE PHILIPPINES (ILIGAN CITY, CDO CITY, VALENCIA CITY AND TACLOBAN CITY) REQUIREMENTS 1. BIODATA OR RESUME WITH 2X2 ID PICTURES 2. PRC LICENSE 3. LIST OF ACCEPTABLE GOVERNMENT ID’s, AT LEASE ONE (1) OF THE FOLLOWING; SSS ID, DRIVER’S LICENSE, PRC ID, VOTER’S ID 4. OTHER DOCUMENTS POLICE AND BARANGAY CLEARANCE. KINDLY EMAIL YOUR LETTER OF APPLICATION, RESUME AND OTHER DOCUMENTS TO: doce711@yahoo.com 0905-191-1558

and maintains standards set by the DTI and Department of Energy in their business. The awarding ceremony is one of the highlights of this year’s Consumer Welfare Month Celebration held on October 28, 2015 in Cagayan de Oro City. (JMOR/PIA10)

Quiamjot... from page 4

wealth and modernity, yet Americans and European tourist, business executives and expatriates are filing up their mega hotels driving the average foreign length of stay the highest in the world. Airlines serving the Emirate countries have a 96 percent average seats sold from the long haul market and these are Airbus 360’s and Boing 747’s that can carry from 400 to 800 passengers, amazing and why? It is because many foreign countries have huge investments in the UAE, ranging from oil exploration, supply of machineries, information technologies and financial services. Foreign companies owns majority of the highrise buildings, international banks and the duty free shops in the whole Emirate Cities. There are no intricate laws or economic restrictions of property ownership in their monarchy decrees, foreign investment and joint ventures are welcomed, unlike in our country that have so many regulations that comes from long debates grounded from an outdated fundamental law. Recently, the joint Foreign Chamber of Commerce operating in the Philippines composed of the US, Australia, New Zealand, Canada, Japan, Korea and the European Union have called for opening of the Mining Sector for foreign exploration and for land ownerships in the established tourism zones as well as unburdened the foreign investors from red tapes and corruption. Perhaps, it is a task for the next President and Congress of this country to head the call for more globalization policies to bring in more foreign investments and foreign visitors to our shores. For comments or queries, please email: sbeverage@ rocketmail.com or follow on Twitter at gm_ped

Bunye... from page 4

my number, I would have to start at the very back of the line again. The lady registrant, who missed the cut the previous day, also observed that the line was moving a lot faster so it was harder to gauge how long before my turn was. “Good thing I had my trusty Kindle. I made it a point to turn off all the other non-essentials on my phone in order to conserve batteries. I had also with me a bottle of water and some snacks. Others left the line, and came back with Max’s, Jollibee, cup noodles and fruit from the sari-sari. “Ten hours later, at around 5 p.m., it was my turn to submit my application for checking, but my pen ran out of ink! Good thing two siblings who were with me in line lent me their pen. I was told that since I was a transferree, I needed to submit proof of a change of address. It was a blessing my folder contained some mail from Yupangco inviting me to a private sale! Otherwise, I think my lining up for all those hours would have been for naught. “I asked the COMELEC Officer why those things weren’t listed as requirements on their website. He said that the website notes were national requirements, and that Makati had its own local requirements. He also assured me my application wasn’t being rejected; I just needed to append the application. I paid an extra two pesos for photopying and then I waited again until it was my turn at biometrics. After eleven hours, I was “Hagardo Versoza” and no amount of primping would have improved my photo, but I didn’t care anymore. I would be able to vote in 2016 and that, to me, was a blessing. “I couldn’t bring myself to complain because honestly, it was my fault I waited until the last minute. I had seen a couple from my church drop by in the afternoon, but they also left shortly afterward. They probably saw the sign written on a piece of cardboard that read: WALANG FOREVER! (Underscored) ETO NA PO ANG LAST NUMBER (#1000) HINDI NA KAYA NG MAKINA (COMPUTERS) NAMIN ANG

MAGDAGDAG PA. PASENSYA NA PO! UMUWI NA PO YUNG WALANG NUMBER. “Some folks were also complaining about a family that jumped the line . A senior citizen who was number 900+ brought along his family members who weren’t seniors. I didn’t join in with the complainant who said they (the non-seniors) needed to be told to get out of line. Part of me was too tired and the other part also felt sorry for the senior. He wasn’t talking back to the hecklers though---his family members took care of that. I felt embarrassed for him. “I recall talking about it with my friend Nikki who told me that despite the imperfections of our government and the system, we still live in a country where we have more rights than our female counterparts in other countries, the right to vote being one of them. I hope we don’t ever take this for granted and participate as much as we can in suffrage. “Lesson learned though! Next time, I’ll go as early as possible, and not on the date of the deadline itself! I also thank God for the gift of joy and peace. It’s not to my credit but His continuing work in me (although unfinished) that I could talk about the experience with a grateful heart. “PS. Makati Coliseum was very clean and had running water. The folks were the ones who littered and turned it upside down by 6 p.m. Someone even brought a dog and allowed it to defecate by a window sill!” Note: Frannie Bunye is currently finishing her Masters in Education at Ateneo de Manila University. You may email her at franniebu@gmail.com.

eight months. The project covers 17 barangays and will be handled by the Banisilan Farmers Credit Cooperative, being the lead people’s organization and consolidator of the 25 other participating organizations in the municipality. North Cotabato is the country’s second largest rubber producer, next to Zamboanga Sibugay, with a rubber plantation area of at least 55,000 hectares. (PNA)

Income...

for Financial Planning and Analysis. She became President of G-Xchange, Inc. in 2006 and Group Head of International Business in 2011. Maria Aurora Sy-Manalang will be the new Chief Information Officer (CIO). As CIO, Sy-Manalang will head the Information Systems Group and will form part of the CTIO’s organization. SyManalang joined Globe in 2005. She has since then handled various leadership roles in the organization, the most recent of which was Head of Product Management.

from page 5

here can have an annual incremental income of at least P38,763 per hectare as savings from freight and handling if delivered in processing centers in North Cotabato,” he added. “Since the processing plant is within the farmers’ reach, there will be substantial reduction in transportation cost and savings for the farmers,” Ongkiko said. The rubber facility started construction on October 26, 2015 and is targeted to be completed and functional within

AirAsia... from page 3

made a difference!” This year alone, AirAsia has been recognised as the best in the industry multiple times when it received the World’s Best Low Cost Airline recognition by Skytrax for seven consecutive years, Best Low-Cost Airline at the Business Traveller AsiaPacific Travel Awards 2015 for four years in a row, and very recently the airline group also clinched the Excellence Award under the Airlines category at Expatriate Lifestyle’s Best of Malaysia Awards. In this same week, AirAsia also received SimpliFlying Awards’ Top 3 Best Overall Airline in Asia Pacific while a special individual award was given to Tan Sri Tony Fernandes, Group CEO of AirAsia for Leadership in Social Media, recognising AirAsia’s creative and effective integration of social media into overall marketing and business strategy.

Globe... from page 3

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

monday|November 9, 2015

Italpinas... from page 1

has reaped numerous raves within the industry. Smacked in between the two towers of Primavera R e s i d e n c e s i s a g re e n c ou r t y a rd a n d t e r r a c e for natura l vent i l at ion and lighting. The whole building is protected by roof shadowing solar panels which deflect the rays of the sun directly, decreasing natural temperature and providing for additional energy production. Also, the designs of each unit are made to allow for cross-ventilation. Mr. Nati is confident that all these features will speed up the growth of the company as a publicly-listed one. To usher this, Italpinas Development Corporation has commenced its initial public offering (IPO) stage. The company is offering 57.62 million shares to the public at P4.20 per share and is expected to generate P242 million. Mr. Nati said profits gained from the IPO will be used to bankroll another huge project of Italpinas, Miramonti in Sto. Tomas, Batangas. Just like its previous project, this one will mirror Primavera Residences in its eco-sustainability concept. Also in the offing will be Primavera City in Cagayan de Oro, an ambitious mixed-use complex project consisting of seven buildings – six low-rises and one high-rise contiguous to each other. As a private company,

Italpinas holds a 25 percent stake in Constellation Energy Corporation which has the following assets in its fold – Alag Tributary 1 and 2 Hydroelectric Project in Oriental Mindoro, 3.8MW Dupinga Hydroelectric in Nueva Ecija and 40MW Montel ago G e ot her ma l Project in Oriental Mindoro.

Incentives... from page 1

investors to enjoy dutyfree importation of capital equipment, breeding stocks, generic materials, import construction materials, and office equipment. “They will also be entitled to avail of other incentives from local taxation in close coordination with the local government units concerned,” ARMM Governor Mujiv Hataman said. Hataman, Commissioner Alberto Lina, REZA-ARMM Executive Director Eshan Mab ang , ot he r A R M M officials and some BoC district collectors attended the signing. “The signing of the JMO is a historical breakthrough in the Moro people’s experience and economic independence,” Mabang said. He said the JMO will create a big impact in both the economic and labor aspect of the ARMM for it “is envisioned to create employment opportunity leading to improved human resource development index.” “ It i s a l s o s e e n t o generate micro and even macro-economic benefits,

REPUBLIC OF THE PHILIPPINES) PROVINCE OF MISAMIS ORIENTAL) S.S CITY OF CAGAYAN DE ORO) AFFIDAVIT OF SELF-ADJUDICATION I, NOEL A. SUEGAY, of legal age, Filipino, married to HYESSA S. SUEGAY, of legal age, Filipino and both residents of #30 Zone 3, Patag, Cagayan de Oro City, after having been duly sworn to in accordance with law, depose and state: 1. That I am the only and surviving child of my parents LEOPOLDO B. SUEGAY and ZENAIDA R. AQUINO who died without any last will and testament on July 10, 1999 and January 19, 2015, respectively, in Cagayan de Oro City as evidence by their Death Certificates issued by the City of Cagayan de Oro hereto attached as ANNEX “A” and Annex “B” and made as integral parts of this Affidavit: 2. That at the time their death, my father and mother had no debts, liabilities or obligations to any persons, agency or institution. 3. That the real properties they left are parcels of land consisting 1,355 square meters all located in Bayabas, Cagayan de Oro City and more particularly described as follows: a. T-32592 (Residential Lot) – 481 square meters b. P-3917 (Residential Lot) – 528 square meters c. T-30589 (Residential Lot) – 346 square meters The CERTIFICATION issued by the Assessors Office of the City of Cagayan de Oro indicating thereto the foregoing properties is herewith attached as Annex “C” and made an integral part of this Affidavit; 4. That pursuant to Rule 74, Sec. 1 of the Rules of Court, I hereby adjudicate unto myself the above-described real properties by means of this Affidavit and hereby files the same with the Register of Deed of Cagayan de Oro City with the request that the said adjudication be made effective without judicial proceeding as prescribed by the aforementioned provision of the Rules of Court. IN WITNESS WHEREOF, I have hereunto set my hand this 5th day of November 2015 in Cagayan de Oro City, Philippines. NOEL A. SUEGAY Affiant

BWM: Nov. 9, 16 & 23, 2015

attract domestic and foreign investors, and will promote e-commerce,” he added. Mabang said the REZA will establish the Joint-REZA Customs Office (JRCO) that will be used by both agencies to perform organizational functions, including joint conduct of inspection and clearance area. The REZA-ARMM is “mandated to oversee the integration, coordination, planning and monitoring of special economic zones, industrial estate/parks, export processing zones and other economic zones in the region.” Under the JMO, the REZA will accredit, issue and approve the documentary requirements of investors in the region and the BoC, on the other hand, shall be in-charge of the approval, activation and validation of client profile registration system in line with Customs Memorandum Order 392008. Mo r e o v e r, t h e B o C will set-up the electronicto-mobile system (e2m) for effective and efficient exportation and importation transactions and help curb possible frauds in the agency. The e2m system will “streamline imports and exports processing and improve trade facilitation among BOC, other

government agencies and its stakeholders anywhere, anytime through Internetbased and wireless technologies.“ Meanwhile, Governor Hataman and Commissioner Lina lauded the REZAARMM for the milestone it has accomplished. Hat a m a n u r g e d t h e BoC and other investors to help b o ost ARMM’s economy. The JMO, he said, is a manifestation of good governance in the region. For his part, Lina said the cooperation between the BoC and the ARMM government will contribute to progress and prosperity in the region. (PNA)

ICT...

from page 1

500,000 graduates annually but only 20 to 30 percent of them are open to seeking opportunities in the industry and only 10 percent of the applicants land ICT jobs. Marcial said a change of perception about the employment opportunities in the industry must be encouraged for the industry in the Philippines to grow. Talent sufficiency, she said, dictates the growth of the industry. In Davao City, some 30,000 workers are employed in the ICT industry, the ITBPAP

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental IN THE MATTER OF PETITION FOR ADOPTION OF MINOR RUBY MABEL RELAMPAGOS ABRANTES SPEC. PROC. NO. 2015-1323 FOR: ADOPTION SPOUSES JOHN O. BRAMHALL and LEAH YANGYANG BRAMHALL, Petitioners. X- - - - - - - - - - - - - - - - - - - - - - - - - -/ ORDER This petition seeks for the adoption of minor child, Ruby Mabel Relampagos Abrantes, by the petitioner Sps. John O. Bramhall and Leah Yangyang Bramhall. Finding the petition sufficient in form and substance, the same is hereby given due course. Let the hearing be set on February 24, 2016 at 8:30 o’clock in the morning, at this Court sitting at the Hall of Justice, Poblacion, Initao, Misamis Oriental. At the expenses of the petitioner, let a copy of this Order be published once a week, for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental. The Office of the Department of Social Welfare and Development, Regional Field Office X, Cagayan de Oro City is hereby directed to conduct a home and child study on the adopting parents, the natural parents and the child to be adopted. He or she is also directed to conduct counselling session with the biological parents of the child to be adopted. The reports thereof shall be submitted to this Court within sixty (60) days from the receipt of this order. Petitioner is directed to make arrangement with the Court Social Worker for the scheduling and incidental expenses in conducting the case study. Let copy of the Order and the Petition be furnished the Office of the Solicitor General, the Office of the Provincial Prosecutor, the Office of the Local Civil Registrar of Gitagum, Misamis Oriental and the Department of Social Welfare and Development, Regional Field Office X, Cagayan de Oro City. .

SO ORDERED. Initao, Misamis Oriental, September 28, 2015

(SGD.) MARISSA P. ESTABAYA Presiding Judge

BWM: Nov. 2, 9 & 16, 2015

said. C it i n g t h e I T B PA P, the Department of Labor and Employment (DOLE) reported that the most indemand jobs in the industry are animator, back office processing/ accounting/ admin clerk, hardware technician, technical support, IT sp e ci a list, s of t ware developer, and customer service. Among the hard-tof i l l j ob s are c ompute r programmer/service developer, web developer in all platforms, web designer, graphics designer, animator, an d t e c h n i c a l s upp or t engineer. Both the in-demand and hard-to-fill jobs require highly specialized skills or knowledge on hardware/ software servicing, according to JobsFit 2015, a comprehensive study conducted by the labor department on the labor market. The report also found that applicants lack effective marketing and c om mu n i c at i ons s k i l l s making it hard for them to land jobs in the industry. Marc i a l a d d e d t he y partnered with the

7

2014 ppi’S Best in ENVIRONMENTAL Reporting

government to address the skill gaps through the Service Management Program (SMP), which started in 2014 and due to end this year. The program was allocated P125 million budget, One of the components of the program is to harness the teaching skills of the teachers, so that graduates will meet the skills requirement of the industry. She said it has partnered with 17 universities and colleges across the country. In Davao City, the University of Southeastern Philippines (USEP) is the sole partner. “We trained the teachers under the SMP so that even after the funding runs out, the program will be kept running in different schools through the efforts of the teachers,” she said. She added they are also partners with the Asian Development Bank (ADB) to fund the electronic SMPs, so that more prospective talents will be able to acquire the skills that are needed by the industry. All resources are uploaded on the University of the Philippines’ (UP) open university website, Marcial said.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Gingoog City OFFICE OF THE CLERK OF COURT & EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF NO. 208 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118, filed by FIRST VALLEY BANK INC., represented by Jamael M. Dangnan, Branch Manager, with principal address at Baroy, Lanao del Norte and a branch office at Barangay 22, Gingoog City, against Mortgagors Spouses SABAS & JOSEFINA BIÑA with postal address at Purok 1, Barangay 20, Gingoog City, to satisfy the mortgage indebtedness which as of September 30, 2015 have a m o u n t e d t o F O U R H U ND R ED T WEN T Y- T H R EE THOUSAND, THREE HUNDRED ONE & 67/100 (Ph 423,301.67) PESOS embracing the principal, interests and other charges, excluding foreclosure expenses, the undersigned Sheriff will sell at public auction to the highest bidder for CASH on December 2, 2015 at 8:00 O’clock in the morning up to 4:00 O’clock in the afternoon at the Office of the Clerk of Court, Regional Trial Court, Hall of Justice, Dugenio Street, Gingoog City, the following property with all the improvements existing thereon, to wit: TRANSFER CERFTIFICATE OF TITLE NO. T- 7410 A PARCEL OF RESIDENTIAL LAND (Lot 2-C, Psd – 10-009612, being a portion of Lot 2, Pcs – 10 -000433) situated in the barrio of Cabuyoan, City of Gingoog, Island of Mindanao, containing an area of TWO HUNDRED TWENTY-EIGHT (228) SQUARE METERS,more or less, registered in the name of Sabas Vina, Filipino, of legal age, married to Josefina Awayan. All sealed bids must be submitted to the undersigned on the above-stated date and time. In the event that the public auction will not take place on the said date, it shall be held on the next working day without further notice. Prospective bidders may investigate for themselves the Title herein above-described and the encumbrance therein, if any there be.

Gingoog City, October 2, 2015

FOR THE EX-OFFICIO SHERIFF BY:

(SGD.) DAN E. LABADAN Sheriff IV RTC-OCC Gingoog City

BWM: Oct. 26, Nov. 2 & 9, 2015

8

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

monday|November 9, 2015

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

monday | november 9, 2015

2014 ppi’S Best in ENVIRONMENTAL Reporting

Editor: Cheng Ordoñez

YOUR Mindanao-wide BUSINESS paper

B1

Cebu Landmasters launches first CdeO condo project A

By Irene Joy B. Dayo, Staff Writer

FTER some three years of meticulous search, Cebu home-grown developer, Landmasters Inc., has launched Mesaverte Residences, its first project outside its base.

Introduced during the grand launch, held last November 6, Mesaverte Residences is a community composed of three midrise condominiums soon to stand in the middle of CDO metropolis. CLI Chief Operating Officer Jose Franco Soberano admitted that it took them years to decide on this project. “We waited patiently and this opportunity -- this beautiful 8,700 square meter property -- was presented to us,” Soberano told guests at the launching night, held at the Limketkai Luxe Hotel, Cagayan de Oro City. Mesaverte Residences will soon rise in the prime neig hb orho o d b etwe en C or r a l e s a n d O s m e ñ a extension, parallel and inbetween Claro M. Recto

Avenue and Capitol University. It is near to malls, hospitals and universities. CEO and Chairman of the Board Jose Soberano III said the location exactly fits the elements of perfection that their company sees as an ideal place for a residential condominium. He also said that they painstakingly put an effort to make sure of the needed preparations. In the selection, they went through processes and came up with the best team possible to strike an ideal balance of the location and the desired combination for the project. Mesaverte Residences will be built in two phases. Phase 1 comprises the first two buildings that would house the clubhouse and amenity areas and is slated to be completed

in 2018. Each building would have 15 floors and 252 units, having four corner units with balconies. Each also has 18 residential units per floor with three one-bedroom units and 15 studio units in an average area of 20 square meters. Condo buyers could have an option to combine two or more units to expand and create a more comfortable space. For Phase 2, the third building is planned for 294 units; the whole cluster is allocated with 239 parking lots. The amenities for this CDO project include separate

adult and kiddie swimming pools with a sunken pool deck. Air-conditioned function rooms and fitness gym will form part of the clubhouse, as well. Moreover, there would also be basketball court, jogging paths and children’s playground, and a retail arcade at the main entrance. These amenities and the Mesaverte Residences in its entirety are set to provide an ideal venue for neighbourhood building, family-bonding and healthyliving. Soberano reported that in just two months before the launching, their team started breaking the ground coupled

with pre-selling, targeting young professionals, start-up families, and investors. As of the launching date, 180 out of 504 units have been sold already. He also remarked that residents will be well taken care of even after the condo is built, through their personalized management. “We are confident that we will deliver a product t h at qu a l it y - c ons c i ou s market in Cagayan de Oro truly deserves, and it does not end there, personalized service means extension with the best manner in terms of turnover of the product. We

will continue to propertymanage it,” he added. In 30 months or less, CLI will establish their own property management team for the maintenance and upkeep of the condo. The CEO also proudly announced that they are home-grown developer and they know that they are faced by the challenges of the industry, but they have competed very well, through working on their edge in terms of personal service, having a hardworking teammembers, who are extending their service for the benefit of the buyers and investors.

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

monday|November 9, 2015

1st Parents-Early Child Dev’t Teachers’ bonding held Dr. Reuben Daba, Early Child Care and Development coordinator in Cagayan de Oro. (CIO)

THE Early Child Care and Development Program of the city government led by Dr. Reuben Daba decided to bond teachers and parents of their students in a three-day program that was held from October 28 to 30 this year. According to Daba, he decided to hold the 1st Parents-Early Child Development Teachers Day so parents and guardians of 9,648 all over the city that they are nurturing can see for themselves how the teachers bond to their kids and how the students have learned over time in their centers. The child development centers, which

used to be called daycare centers, accommodate kids from three to four years old and teachers prepare them for kindergarten. “It used to be that daycare kids are facilitated by the teachers in playing around. Now they learn basic academic stuff like ABCs and counting from one to three so by the time they reach Kinder, they’re already equipped,” Daba said. The module was formulated by the ECCD staff of the Moreno administration in 2013 with assistance from the Xavier University Education Department. “Over the years, we have seen the

improvement of the students. And we are proud to showcase our success that’s why we are holding this program for the parents and guardians to appreciate,” Daba continued. Daba timed the celebration when there were no early child care classes since it’s semestral break. (The early childhood care classes follow the traditional school year in the country.) During the threeday program, there was a basketball fest between a parents’ team on one hand and a team composed of teachers on the other. The team building which was held on the first and second days at Duaw Park and on the third

Culture. “Globe Telecom strongly believes that in order to best serve our customers, we should have highly engaged employees who excel in their own field of expertise. By investing in our people, we are able to outperform competition, be first in the market and provide customers with the most innovative mobile solutions and superior customer experience,” said Globe Chief Human Resource Officer Renato Jiao. Emphasizing the significance of the facility, Jiao believes learning encourages employees to think beyond boundaries, break mindsets and come up with disruptive innovations. ” Our mission to create a wonderful world for our customers and the nation starts with engaged employees. The vision is to create a university that can rival the best universities and can elevate our people to the best of their capabilities. This in turn, ensures that we will have the best set of leaders and the most competent people within the organization, making sure that we’re prepared to take on the challenges of the business,” he said. Globe University also enrolls employees in partner schools like the Asian Institute of Management and the Ateneo de Manila Center for Continuing Education in order to take up programs that will hone their leadership and managerial skills. The goal is to give Globe employees a competitive advantage by sharpening their business acumen, technical expertise, communication skills and other areas of development based on their job description. The facility also supports iLead, which aims to establish a strong leadership bench to help sustain the gains in business performance. iLead integrates three targeted development tracks namely the Executive D e v e l o p m e nt P r o g r a m , Emerging Executives Program

and Young Leaders Program, aimed at ensuring the Globe culture is continually enabled at every level. The Executive Development Program targets seasoned talents who have the potential to be senior leaders and business leaders. The Emerging

Executives Program focuses on mid- career talents who demonstrate the potential to become senior executives while the Young Leaders Program looks at emerging talents who can assume larger leadership roles.

By MARK FRANCISCO

day at Maisie Van Vactor Hall was accompanied with dances and sessions intended for parents on how to enhance the learning capabilities of their children as well as a lecture dedicated to proper nutrition. There are a total of 186 child development teachers spread out in 193 child development centers across Cagayan de Oro. These unsung heroes receive only less than P6,000 a month as remuneration for their effort, rendering six hours of work in two classes. Daba vowed that if he wins a City Council seat in 2016, he will lobby to increase the allowances of these teachers.

Following efforts to create wonderful work experience for its employees, Globe in 2014 was recognized as Best Workforce by Sustainability Business Philippines and Best Place to Work in Asia by Asian Corporate Sustainability Excellence.

Globe invests in employee development; launches Globe University campus

S

trongly believing that employee engagement will further drive company growth and performance, Globe Telecom recently launched its first Globe University campus, showcasing the company’s commitment to invest in its people, motivating them towards personal and professional development. Globe Telecom’s success as the leading mobile brand in the country is attributed in part to its efforts to create wonderful work environment for its employees, which in turn helps spin the company’s Circle of Happiness., a philosophy rooted in the belief that happy and engaged employees create more opportunities for better products and services which Globe customers enjoy. Happy customers, in turn, circle back towards increased growth and revenues for higher shareholder value. The Globe University campus follows the design of the The Globe Tower, the leading telecommunication provider’s headquarters in Bonifacio Global

City, which seeks to create an environment that reflects its vibrant culture and passion for technology. The campus features 5 studios or training rooms that can accommodate 18-25 people, pods or meeting rooms that can accommodate 8-12 people, a function hall called Collaborate, which can accommodate up to 200 people, a cafeteria called Munch and workstations in an area called Create. A planned expansion of its facilities would also include a design studio for digital learning, a test lab for networking training, a boutique for Globe and Globe University branded items, a Globe University Art Gallery as well as additional training rooms and meeting areas. The Globe University campus supports the company’s talent development program that aims continuous progression of knowledge, skills, and attitude of Globe employees. Expanding its academic programs, Globe University now has five academies: namely Sales and Marketing, Technical, Professional Leadership, and

British Parliament expresses support for UK-PH bilateral relations British Chamber of Commerce Philippines (BCCP) Chairman Christopher Nelson was invited at the Parliament meeting with Sir David Amess, Chairman of the All-Party Parliamentary

Group held at the Parliament Estate. Known for his high recognition of the Philippines as a nation, Sir David Amess discussed valuable progress and improvements of the British and Philippine

bilateral relations. He also acknowledged the efforts and work done by the UKTI and the Chamber and expressed his support in strengthening and expanding the British business community in the country.

BCCP Chairman Chris Nelson (R) at the Parliament meeting with Sir David Amess MP (L), Chairman of the All-Party Parliamentary Group last 2nd November held at the Parliament Estate, London.

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

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

B3

2014 ppi’S Best in ENVIRONMENTAL Reporting

monday|November 9, 2015

B4

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

monday|November 9, 2015