BusinessWeek Mindanao (October 15-16, 2015)

BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 049

Market Indicators

As of 6:00 pm October 15, 2015 (Thursday)

FOREX US$1 = P45.85

15

PHISIX 7,045.40

X X Briefly

cents

120.63 points

Duterte for Mayor DAVAO City -- Mayor Rodrigo Duterte filed Thursday his Certificate of Candidacy (CoC) for mayor, finally ending all speculations he would eventually plunge into the presidential race in 2016.

Duterte issued a special power of attorney for his executive assistant Lawrence “Bong” Go and City Administrator Melchor Quitain to file his CoC at the Commission on Elections (Comelec) office here.

With a pensive face, Go and Quitain arrived at the Comelec office at 2:36 p.m., bringing with them Duterte’s CoC. Comelec marked his CoC received at 2.45.

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Private sector role cited in realizing Asean integration

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P15.00

By APIPA P. BAGUMBARAN, Contributor

RIVATE sector plays a crucial role in realizing the goals of the ASEAN Economic Integration, according to Dr. Ceferino Rodolfo, Assistant Secretary of the Industry Development Group of the Department of Trade and Industry (DTI).

Rodolfo made the remarks during the opening ceremonies of the 6th Regional Development Council Private Sector Representatives

(RDC-PSR) National Convention held Wednesday, October 14, at the Limketkai Luxe Hotel, this city.

Integration/PAGE 11

Institutionalizing PPP Civil Society Organizations (CSOs) in northern Mindanao expressed their anticipation for the Pantawid Pamilyang Pilipino Program (Pantawid Pamilya) to be institutionalized to ensure its continuity even with changes in leadership.

During its monthly regular meeting here, 18 CSOs passed a resolution declaring its support to the institutionalization of the conditional cash transfer of the national government.

In a three-page resolution number 001-2015, the organizations headed by its Chairman Francisco Mabaso Jr, president of the People Power Volunteer for Reform (PPVR) Bukidnon, expressed their support for DSWD in conducting the family development sessions with Pantawid Pamilya beneficiaries on active citizenship.

Rep. Rufus Rodriguez (left) smiles as he presents his certificate of candidacy before city elections officer Palmer Palamine (right). photo by gerry lee gorit

Guardians endorses Rufus

By CHENG ORDONEZ, Executive Editor

THE Philippine Guardians Brotherhood, Inc. (PGBI) has endorsed the candidacy of incumbent Cagayan de Oro City 2nd District Representative Rufus Rodriguez for mayor during a forum, Sunday, at the Buffalo Grill, here.

Mike Salvador, spokesman of PGBI, said Rodriguez, who is the president and standard bearer of Centrist Democratic Party (CDP) has been endorsed by the 2,000-strong officers and members of PGBI, which endorses/PAGE 11

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Economy

DTI reminds consumers of basic rights T

By JASPER MARIE OBLINA-RUCAT, Contributor

HE Department of Trade and Industry (DTI) region 10 reminds consumers of their basic rights including right to refund, replacement and repair for defective products.

In a one-on-one interview with DTI region 10 Legal Officer and Chief of Consumer Welfare Division Atty. Fel Lester Brillantes during the Philippine Information Agency (PIA) radio program

“Lambo Dyes” on 2 October 2015, consumers must be empowered and uphold their rights especially if they have been deceived by faulty products in the market.

He said that consumers h av e t h e b a s i c r i g ht s specifically the right to basic needs, right to safety,

Consumer Welfare Month this October with the theme “Consumer Protection in t h e A SE A N E c on om i c Community,” DTI together with the private sector and CONSUMERNET, a group composed of 16 national front line agencies in region 10 have come up with

right to information, right to choose, right to representation, education and healthy environment, among others. In a nutshell, he said that if product is defective, consumer has the right to refund, replacement and repair.

In celebration of the

activities to promote welfare of consumers.

Atty. Br illantes said that consumer protection must be upheld especially in the ASEAN integration.

Consumer rights must not be lessened and make sure products have high quality dti/PAGE 11

CSOs back institutionalization of Pantawid Pamilya

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CIVIL Society Organizations (CSOs) in northern Mindanao expressed their anticipation for the Pantawid Pamilyang Pilipino Program (Pantawid Pamilya) to be institutionalized to ensure its continuity even with changes in leadership.

D u r i ng it s mont h ly regular meeting here, 18 CSOs passed a resolution declaring its support to the

sessions with Pantawid Pamilya beneficiaries on active citizenship.

The resolution said, “CSOs deemed conditional cash transfer to beneficial to its partner beneficiaries considering the upshot on partner beneficiaries’ status of well-being- from survival to subsistence (82.03%) and from subsistence to selfsufficiency (0.198%) as of

institutionalization of the conditional cash transfer of the national government.

In a three-page resolution nu mb e r 0 0 1 - 2 0 1 5 , t he organizations headed by its Chairman Francisco Mabaso Jr, president of the People Power Volunteer for Reform (PPVR) Bukidnon, expressed their support for DSWD in conducting the family development

April 2014.”

Aside f rom Mabaso, signatories of the resolution include Elvie Parel, vice president of CSOs and president of Pilipina; Eden Jacinto of GCAMFI; Michael Cagulada of GROUP Foundation; Jonathan Mongcal of Citizens Watch on Good Governance; Dr. Rosalina Huerbana of Safer CSO/PAGE 11

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Survey results on PNoy, simply incredible

L

IFE’S INSPIRATIONS: “…`the truth shall set you free’…” (Jesus, our God and Savior, in John 8:32, the Holy Bible).

-ooo SURVEY RESULTS ON PNOY INCREDIBLE TO MANY: Many were indeed greatly surprised over results coming out from survey firms at present purportedly show i ng a more r abi d increase in the approval and satisfactory ratings (or other ratings available in the market) of the Aquino government and of President Aquino himself. The surprise comes f rom an a lmost incredulous question in the minds of many: how can President Aquino’s approval and satisfactory ratings when nearly everybody is willing to concede that there is really no improvement at all insofar as the grave problems afflicting the country and our people? For example, c r i m e an d c r i m i n a l it y continue to fester in almost every nook and cranny of the whole Philippines. We killings here, and there, and almost everywhere, where the victims are no longer just the ordinary citizens but even the rich and the

I

Oro Chamber

Managing Marriage

T

hink a minute…Did getting married solve all your problems and make you completely happy? Did you know that it’s not supposed to! In fact, if you’re not a happy person before you get married, then you’ll still be unhappy after you’re married. In marriage, two people come together and combine not just t heir strengths and assets, but also their problems. So married life can become even more complicated.

Someone said: “Marriage is like getting a phone call at midnight: first you get a ring, then you wake up!”

So when marriage does not fix our problems, many of us blame marriage or our spouse. We think that changing our spouse or outward circumstances is going to solve our problems, including our marriage problems. So we get a better job, more money, a nicer house, even move to another country. But the problem is: wherever you go, there you are! Even if you get a different wife or husband, a different job, or a new house, the person you are inside is still the same.

Many unhappy marriages may stay together under the same roof, but they actually

THINK

A Minute

Jhan Tiafau Hurst live separate lives. They’re like “married singles”: he does his thing, and she goes her way. So their marriage becomes just a financial arrangement with no real love, communication, close friendship and happiness.

But until we stop blaming our wife or husband, or our outward circumstances and we ourselves change, our marriage and life won’t change either. As one wise man put it: “No clever arrangement of bad eggs ever made a good omelet.”

A good omelet can only come from good eggs. And a good, satisfying marriage can only come from two giving people who love, accept, and put the other one’s needs first before their own. hurst/PAGE 11

powerful.

-ooo IS THERE ANYONE ELSE WHO IS PLEASED W I T H T H E AQ U I N O GOV’T? Then, debilitating poverty continues as well to afflict almost 90 percent of our people. A great number still are unable to eat, even just one meal a day. And many are still scrounging from garbage heaps just to earn a living. And a significant segment of our population still have to rob, steal, poke a gun and extort, just so they could lay their hands on a few pesos. Then, many are still willing to enter into virtual slavery in the hands of foreigners, here and more particularly in other countries. Drugs are still peddled everywhere, giving an unbridled rise to crimes caused by addicts and those whose are minds and souls have been irretrievably lost by shabu and marijuana and cocaine. Then, many are still raped wantonly and, in some cases, openly. Many still steal from government coffers.

Many laborers still have no work. A great number still suffer from the daily heavy flow of vehicular traffic in the streets of Metro

Manila. Many are still angry with government because it is impotent in the face of China’s occupation of our territory, and with the boldness of chaos from rebel groups.

-ooo ANO ANG BATAYAN NG MATAAS NA RATINGS NI PNOY? This led many to ask: where would the Aquino government and President Aquino hims elf der ive good and high approval and satisfactory ratings?

Is there still a place where there is someone who is pleased with Aquino? If we are to gauge our listeners at DZEC, 1062 kHz (Mondays to Fridays, 6 am to 7 am), 100 of our texters are angry and are cursing Aquino. As of now, many are of the belief that these survey results are part of a sinister plan to cheat in the 2016 elections. Many believe that these survey results will be used to justify the intended manipulation of the election results next year, to promote the victory of a particular set of candidates, even if these candidates are not chosen by the electorates.

The argument will be that, their chosen candidates won because the President

K akampi

Mo A ng Batas

Atty. Batas Mauricio continues to enjoy the trust of the people, so that many still decided to vote for his chosen ones. In the face of this unsavory eventuality, where could a people exploding in anger go?

-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 around the world. Please go to 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.

Emai l: b at asmaur icio@ yahoo.com.

Developing a sense of universal ownership

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n a re cent s eminar I attended, an interesting sideshow grabb ed my attention. A small group of the participants, what you call a “petit comite” huddled in a corner to tackle a very intriguing, complex issue.

They were talking about Intellectual Property Right (IPR), and one of them, a b o o k pu b l i s h e r, w a s complaining about how his books are pirated even by those close to him, who copy and spread his publications through electronics.

This book publisher is a close friend of mine, and I truly commiserate with him with regard to the decrease of business he is now suffering because of the new technologies. But everybody else was also my friend. I listened to both sides, and tried to sort out things.

At the end of the day, what came forming in my mind was the idea that while there is such thing as IPR and private property, we should also be moving

towards a sense of universal ownership over all things good, natural and manmade, that we have at the moment.

We have been negligent in that area, content with the status quo that obviously needs to be updated, if not purified and corrected, especially given the ne w de velopments and phenomena we are having today.

This, in fact, has been echoed in one of the points in the C omp endium of the Social Doctrine of the Church. Point 179 hits it bull’s eye when it says: “The present historical period has placed at the disposal of society new goods that were completely unknown until recent times.

“This calls for a fresh reading of the principle of the universal destination of the goods of the earth and makes it necessary to extend this principle so that it includes the latest d e v e l o p m e nt s b r o u g ht about by economic and technological progress.

“The ownership of these new goods-the results of knowledge, technology and know-how-becomes ever more decisive, because ‘the wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.

“New technological and scientific knowledge must be placed at the ser vice o f m a n k i n d’s p r i m a r y needs, gradually increasing h u m a n i t y ’s c o m m o n patrimony…

“It is necessary to break d ow n t he b ar r i e rs and monopolies which leave so many countries on the margins of development, and to provide all individuals and nations with the basic conditions which enable them to share in development.”

Sorry for the long quote, but I believe it is necessary to make this doctrine more known by everyone. The challenge we have at hand is enormous, since it would involve drastic and radical changes in our attitudes and culture.

HINTS

and

Traces

Fr. Roy Cimagala Thing is we cannot deny the fact that while there is a need for reasonable profit for one’s work, we should avoid making our creations and inventions a tool for greed and dominion over others.

This is how I feel when I see how pharmaceutical products and the electronic goods are so commercialized that they worsen the gaps and divisions among peoples and nations. The rich get richer, while the poor get poorer. The smart ones g e t s m ar t e r, w h i l e t h e less-endowe d get more miserable.

Corruption is the enemy of development, and of good governance. It must be got rid of. Both the government and the people at large must come together to achieve this national objective.

-- Pratibha patil,

former president of India

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2 R-10 towns named as 2015 National Quality Corn Achievers Awardee

C

agayan de Oro City – For their meritorious contribution to the development of the corn industry throughout Northern Mindanao, the towns of Claveria, Misamis Oriental and Don Carlos, Bukidnon, has been declared as honorees for the 2015 National Quality Corn Achievers’ Awards (NQCAA) under the municipal category.

For Claveria, the town has also been hailed as a Hall of Famer

for consecutively bagging thrice the said award while the municipality of Don Carlos is likewise near to realizing such feat with their second successive victory.

As incentive to the laudable performance of the two outstanding towns, Claveria and Don Carlos shall be granted with P 2 million and P 1 million worth of projects, respectively, wherein the release of prizes shall be based on approved project

proposals.

Other than the commendable municipalities, Merlyn C. Los Baños of Don Carlos and Pat F. Dumaloan of Claveria emerged as winners for the municipal agriculturist and outstanding municipal corn coordinator category, respectively.

The former shall be granted with a cash prize amounting to P 30,000.00 and the latter with P 40,000.00 for also being a Hall of Famer.

A total of 12 agricultural

extension workers (AEWs) have also been recognized as honorees, where three have victored as Hall of Famers: Ellaine C. Edio and Jennifer N. Baguinang of Claveria and Melania D. Go of Don Carlos.

Each shall be conferred with a cash prize worth P 30,000.00.

Aida M. Obenza, Deofel J. Omagap, Valentino R. Obenza, Florencia C. Mutia and Aida B. Cambel of Cabanglasan, Bukidnon; Joan Marie A. Diola, Floredel F. Tinoy

and Richard B. Leono of Malaybalay City, Bukidnon; and Purita L. Magaway of Don Carlos round up the list of luminaries for the AEW category.

Each shall take home a cash prize amounting to P 20,000.00.

DA is slated to formally acknowledge and reward the achievers on October 22, 2015 at Fontana Leisure Parks and Casino in Angeles, Pampanga and its regional counterpart shall also pay them tribute during

the Regional Achievers’ Awards on October 15, 2015, in the city of Cagayan de Oro. NCQAA from the region are just among the nation’s admirable cornproducing areas, agriculturists, coordinators and AEWs from the provincial and municipal/ city levels who are involved in the active implementation of projects, interventions and services under the DA Agri-Pinoy Corn Program. # (JLOlson, DA-RFO 10)

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Vista Land buys back more shares

V

I S TA L A N D & Lifescapes, Inc. is buying back more of its shares amid upbeat prospects on the residential market.

On the sidelines of the Forbes Global C E O C on fe re n c e 2 0 1 5 i n Pa r a ñ a q u e C it y on Wednesday, Vista Land Chairman Manuel B. Villar told reporters the company is purchasing its shares in the open market because

the “price is low.”

As of Tuesday, Vista Land has purchased P881.51 million worth of shares out of its P1.5-billion buyback pro g r a m . T h e a m ou nt is equivalent to 141.42 million shares or 1.7% of its outstanding capital of 8.4 billion shares.

“We d on’t w ant t he investors to think we’re not concerned sa kanila (about them). You will not have this opportunity again and

people who do not buy at these prices will, of course, I believe, will regret not having done so,” Mr. Villar said. -- Krista Angela M. Montealegre While Vista Land has earmarked P1.5 billion for its share buyback program, Vista Land could decide not to use up the entire amount and eventually sell the shares.

“We have a lot of options.

It could be part of a followon offer or we can just sell

it,” he said.

Vista Land is optimistic about the residential business because it serves the demand for low-cost housing, where it outsells its nearest competitor by 3-1.

“We haven’t seen any radical changes recently that the business has become boring,” Mr. Villar said.

Vista Land’s net income rose by a tenth to P3.1 billion in the first semester from P2.8 billion a year as

revenues grew at the same pace during the period.

Vista Land is the holding company of five business units, Br itt any, Crow n As i a , C am e l l a Hom e s , Communities Philippines and Vista Residences.

Aboitiz Power plans $500-M investments in Southeast Asia CEBU -- Aboitiz Power Corp. said it plans to invest as much as $500 million over the next five years, mainly in Indonesia, as the Philippines’ second-largest power producer by capacity seeks to boost profits and expand outside its overcrowded home market.

CEO Erramon Aboitiz told Reuters on Tuesday that Aboitiz was also interested in projects in Vietnam and Myanmar, which along with Indonesia the company had identified as key markets.

“We’ve made a decision to really look at opportunities outside the Philippines,” Aboitiz said on the sidelines of an APEC energy ministers’

meeting in the island of Cebu.

“Indonesia will likely take the lion’s share of the $500 million that Aboitiz Power is allocating for overseas investments,” he said, adding that the $500 million would come from the company’s own cash reserves or existing businesses.

Aboitiz Power, a unit of one of the Philippines’ b i g g e s t c on g l om e r at e s Aboitiz Equity Ventures, Inc., recently agreed to take part in feasibility studies with Indonesian firm SN Power AS and PT Energi Infranusantara for a hydropower generation project along the Lariang River in Central Sulawesi.

Through its Singapore-

based unit, AboitizPower International Pte Ltd., the company is also involved in a 110 MW greenfield geothermal plant project with PT Medco Power Indonesia.

“We’ve looked at it and we think it has a lot of promise,” he said, referring to the project with Medco, which is still in the exploration phase.

Aboitiz Power has yet to identify any potential projects in Vietnam and Myanmar, but was actively looking, the CEO said.

“We’re now in talks with potential partners in Myanmar but frankly there’s nothing firm at this point,” he added. – Reuters

Nickel Asia sees 40% drop in shipment value in Jan.-Sept.

Media partners:

NICKEL Asia Corporation, the country’s largest nickel miner, on Tuesday reported a 12% increase in shipment volume in the first nine months of the year, but its sales value plunged 40% due to weak ore prices.

In a disclosure to the stock exchange, the miner said its four operating mines sold a cumulative 15.96 million wet metric tons (WMT) in the January to September period, as compared to 14.26 million WMT in the same period in 2014.

Nearly two-thirds of the total shipment volume were direct exports of nickel ore,

which rose 16% to 10.34 million WMT in the ninemonth period. In the first nine months of 2014, direct exports of ore reached 8.87 million WMT. However, Nickel Asia said the estimated value of the shipments dropped 40% to P12.3 billion in the January to September period, due to lower ore prices.

The estimated nickel price on 10.34 million WMT of the direct ore exports averaged $22.65 per WMT in the 9-month period, significantly lower than the average $46.85 per WMT rate a year ago, the company said.

“It w i l l b e re c a l l e d that there was a surge in ore prices last year due to the expectation of supply tightness resulting from the effects of the Indonesian export ore ban. The tightness, however, did not materialize due to increase in supplies from other sources besides China nickel pig iron and weaker-than-expected global demand,” Nickel Asia said.

G erard H. Brimo, pre s i d e nt and C E O of Nickel Asia, said China’s slowdown and lackluster world economic growth has led to high metal inventories, shipment/PAGE 11

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Billboard 7 How A Cybercriminal Might Infiltrate Your Corporate Network 2013 ppi’S Best in Business and Economic Reporting

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By Anthony Giandomenico, Senior Security Strategist, FortiGuard Labs, Fortinet

S

ecurity is no longer an afterthought. It’s a major component to the success of a business.

This means that the Chief Information Security Officers (CISOs) need a spot at the executive table to ensure the IT security plans align with the business goals and objectives.

We are all connected to the Internet which is great; however being connected also means that we are all in a very large ecosystem.

It’s important to realize that anything happens with one company will often affect many other companies.

Direct business partners will be affected and even the most remote company can be affected. For example when a breach happens in a company, of ten t imes p ers ona l ly identifiable information (PII) data are stolen. The data can not only be sold for use for identify fraud, but also for use in much more believable phishing attacks. The more information an attacker has about you, the more they can make that email look real and get you to click it.

Many of t h e att a ck techniques used today are similar to the attack few years ago such as compromising weak passwords, phishing attacks and malware downloads from browsing infected websites or advertisement sites. However, there are some mounting cyber problems that are enabling the attackers to deliver their exploit more effectively and stealthier.

One of them being social media and on-line services.

Everyone today is using some form of social media such as Facebook and LinkedIn, as well as online dating sites.

Because of this, attackers are shifting their entr y points into user’s devices via these sites via social engineering, preying on the

human emotions side. Social Engineering concepts are the same, but the attack vector or surface has changed. Next is the evasion techniques used by the attackers. The ability for the attacker to conceal themselves continues to advance. Because of this often times just having traditional anti-virus is not enough.

Amongst the new hacking techniques, phishing attack is most likely the number one way to gain unauthorized access to company networks.

A ph ish i ng e mai l w i l l attach a piece of malware or a malicious link, and is created to look legitimate and enticing for users to click the link.

Another technique used by the hackers is the driveby attack. The attackers will compromise a website and install a malicious java script that will redirect an unsuspecting user to another website containing malicious payload (malware) that will then be downloaded in the background to the user’s device. In a targeted attack, the attackers will spend many months researching websites that companies or industries will frequent and infect those websites.

The next technique used is malvertising. This attack is similar to the drive-by attacks except for the attacker will focus on infecting the advertising sites. An attacker can infect one ad site which in turn could infect 1000s of other websites. More bang for your buck!

Last but not least, the mobile attack. Many attacks against mobile devices are similar to the above listed attacks; they are just targeting the mobile device. In addition, malware can be delivered through SMS messages or they mask themselves as other fun applications such as games or even pornography.

Once the attacker has

successfully breached a network and is sitting on a user’s device such as a laptop/ desktop or mobile devices, the attacker now needs to download more malware and tools to complete their missions. Usually the data they are looking for is not on the workstations; it’s in the servers/databases and such.

The following are some high level steps an attacker will take once inside the network: 1. They will download other tools and malware for further network compromise.

2. They will map the network to find other servers to find the data they are looking for. They will also look for the Active Directory server which contains all the usernames and passwords. If they can crack that then they have keys to the kingdom.

3. Once they find the data they will usually find a staging server to copy all data they are looking for.

The ideal server for this will be one that is stable (always stays up) and has access out to the Internet.

4.

That data will slowly be sent back to their (attackers) servers which many times are on a cloud server somewhere making it harder to block the source.

If the cybercriminals are inside the network for a long period of time, they will be able to obtain any type of information that is available.

Most company data are stored electronically. The longer they are in the more of a chance they have in learning your business processes and data flow. An example of this is the Carbanak attack. In this attack, the bad guys were able to track down the admin’s computers to get access to the video surveillance cameras and watch how the bank tellers worked and record every last detail of cybercriminal/PAGE 11

Anthony Giandomenico is Senior Security Strategist at Fortinet’s FortiGuard Labs. Fortinet helps protect networks, users and data from continually evolving threats. As a global leader in high-performance network security, we enable businesses and governments to consolidate and integrate stand-alone technologies without suffering performance penalties. Unlike costly, inflexible and lowperformance alternatives, Fortinet solutions empower customers to embrace new technologies and business opportunities while protecting essential systems and content. Learn more at www.fortinet.com.

SCG reports operating results for Q2 and first half of 2015, sees profit growth, continues planned ASEAN expansion SCG’s operating results for Q2 and the first half of 2015 see an increase in profit from the chemical business whose global market margin grew, despite slowdown in other businesses. SCG is pushing ahead with its ASEAN investments according to plan.

Mr. Kan Trakulhoon, President and CEO of SCG, said that the operating results (unreviewed) for Q2/2015 show Revenue from Sales is at 152,776 Million PHP (US$ 3,421 Million), a decrease of 9% y-o-y and an increase of 4% q-o-q. Profit for the Period stands at 18,627 Million PHP (US$ 417 Million), an increase of 63% y-o-y and increase of 25% q-o-q, thanks to the much higher global market margins in the chemical business as a result of a

significant drop in the prices of raw materials and crude oil. Even though businesses for domestic Cement-Building Materials and Packaging continue to slow down, there are signs of recovery for the second half of the year.

SCG’s Revenue from Sales for the first half of 2015 stands at 301,438 Million PHP (US$ 6,769 Million), a decrease of 10% y-o-y. Profit for the Period for the first six months of 2015 is at 33,712 Million PHP (US$ 757 Million), a significant increase of 48% y-o-y.

For SCG’s operation in ASEAN (ex-Thailand), the Revenue from Sales in Q2/2015 amounted to 14,746 Million PHP (US$ 330 Million), which is 10% of SCG’s total Revenue from Sales.

As of 30 June 2015, total assets of SCG amounted to 669,479 Million PHP (US$ 14,830 Million), while the total assets of SCG in ASEAN (ex-Thailand) amounted to 128,265 Million PHP (US$ 2,841 Million), which is 19% of SCG’s total consolidated assets.

Based on Q2/2015 report, SCG in the Philippines owned 9,600 Million PHP (US$ 213 Million) worth of total asset. The company reported Q2/2015 Revenue from Sales at 1,725 Million PHP (US$ 39 Million), an increase of 4% y-o-y due to due to growing paper market.

In H1/2015, SCG in The Philippines reported Revenue from Sales at 3,654 Million PHP (US$ 82 Million), an increase of 8% y-o-y.

Mr. Kan added “For ASEAN markets, SCG found that in the second quarter, demand in cement also continued to rise, especially in Myanmar and Cambodia, where demand rose by 19% and 12% y-o-y respectively, as SCG’s cement is a popular choice and highly regarded for its quality. SCG’s investments in ASEAN will continue to push ahead as planned.

Currently the cement plant in Cambodia has begun its 2nd operation line, while operation at the plant in Indonesia will also commence at the end of the year. Construction of the production base in Myanmar will be completed in 2016, while in Laos, the plant will be finished in 2017, ready for the expected increase in demand

by ASEAN consumers.”

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El Niño mitigation measures set in SurSur TANDAG City – The mitigation plan for El Niño in Surigao del Sur has already been put in place.

Marcos Quico, provincial chief agriculturist assured that strategies, interventions, and fund sources had been taken into account with the end in view of cushioning the adverse effects of El Niño on vulnerable areas.

A total funding of P12,835,900 had likewise been submitted for approval at the Department of Agriculture (DA), P11,669,000 of which would come from DA regional office 13 while the balance of P1,166,900 would be shelled out by the provincial

and municipal local government units (LGUs), it was learned.

The primary focus of the mitigation measures would be on cash crops like rice, corn, vegetables, high value crops as well as livestock and poultry, Quico pointed out.

He added that the interventions would come in the form of rice seed action program, corn seed program, inter-cropping technology training, and the like.

Rice, corn, and vegetable growers as well as backyard raisers would surely stand to gain from these programs, Quico stressed.

AgriBusiness

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

DA links local producers to market T HE Department of AgricultureRegional Field Office 10 (DA-RFO 10), through the effor ts of the Agribusiness and Marketing Assistance Division (AMAD), opened market opportunities for small-scale processors and producers in the region in a market matching, held on September 30, 2015, in Cagayan de Oro city.

Several local producers from three provinces in the region, namely: Misamis Oriental, Bukidnon and L a n a o d e l No r t e , g o t

the chance to showcase t heir pro duc ts rang ing from organically grown vegetables, processed goods and other high value crops, to consumers from hotels, r e s t au r a nt s a n d o t h e r businesses in the city.

According to AMAD Corazon E. Balabat, market specialist III, the goal of the market matching is to promote local products by directly linking producers to potential buyers.

“Through the market matching, producers can meet buyers to increase the volume of their sales and not

only limit their market to their place,” said Balabat.

The Damilag Growers Asso ciaton, a group of coffee growers in Manolo Fortich, was one of the local producers who benefited the said event.

Being a neophyte in the market, the market matching served as the group’s first exposure in showcasing their very own Damilag Coffee, a commodity of roasted Exelsa coffee.

Ignacia Mata, the secretary of the said group, said the market matching widened their knowledge on t h e i r l i ve l i h o o d a s they saw how their fellow producers marketed their own products.

Meanwhile, Genevieve Cababarros, market manager of Doalnara Multi-purpose Cooperative, that produces organic crops, said that the market matching also enable d t hem to bui ld connections with fellow local processors for exchanging of goods and technologies.

“Nahimo sab ming buyers sa among isig ka producers (We also became buyers of our fellow producers),” Cababarros said.

AMAD is hopeful that these local producers will soon expand their market as they continue to help them promote Northern Mindanao’s own bounty. ( M C L Pay l a g a , DA- 1 0 RAFIS)

DA extends support to local fabricators of farm equipment BUTUAN City -- To help local fabricators of farm machineries competitive and at par with other fabricators anywhere in the country, the Department of Agriculture (DA) Caraga conducted a coordination meeting recently and organized them into an association.

Sp e arhe a d e d by t he Regional Agriculture Engineering Division (RAED), around 18 local manufacturers and dealers in the region attended the said meeting.

RAED Chief Engineer Rene Morales said that such meeting with the local fabricators was the first time as DA Caraga recognized local fabricators as potential suppliers of high quality farm machineries.

“Performance of products is the parameter for a company to join public bidding of farm

equipment to be supplied to the farmer recipients,” Morales emphasized.

Foremost requirement to join a public bidding, the machine should conform to the standards set by the Philippine Agricultural E ng i ne e r i ng St and ard s (PAES) thus a testing of the machine to know its efficiency is a must.

Such kind of testing is done solely by Agricultural Machiner y Testing and Evaluation Center (AMTEC) based at the University of the Philippines Los Baños (UPLB).

The PAES is part of the Philippine Standards for Agriculture and Fisheries Machinery developed by the PAES, AMTEC and other DA agencies, which was developed by virtue of DA A.O. No. 11 Series of 2001. support/PAGE 11

The English Extravaganza and Read A Thon

By Nemie M. Mariano, Ph.D. T-III / School-in-Charge Corrales Elementary School Jasaan District Division of Misamis Oriental

Inter ventions are ver y helpful in order to aid student difficulties especially in some subjects at school. These interventions come as programs, projects or activities that entice students to appreciate subject matters that they cannot love while they are inside the classroom.

Reading and usage of English as language is one area where some students are poor at. Thus, in order to address such problem, DepEd conduct English Extravaganza and Read A Thon.

This event is commonly conducted on the month of September. DepEd will then do a follow up through having inter-school tilts or regional competitions in the following months.

Its highlights include stor ytelling, stor ybook reading, spelling, reading and comprehension, extemporaneous speaking, and jazz chant.

English Extravaganza an d R e a d A T h on i s conducted to promote reading literacy of the English language among learners and to enhance reading comprehension.

It also provides venue to shop creative practices for learners to enjoy activities, and develop skills in using English language in both reading and speaking.

Holding events like English Extravaganza and Read A Thon is better avenue to gather interest and encourage mastery in skills that are very much helpful to children’s growth.

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Community

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SP commends Tagoloan police chief who was adjudged as one of the Ten Outstanding Police Officers in the Country MISAMIS ORIENTAL – VICE GOVERNOR JOEY G. PELAEZ took pride in the achievement of Police Senior Inspector Maricris Y. Mulat when she was adjudged as one of the ten outstanding policemen of the country by Metrobank Foundation, Inc., commending in a resolution he authored recently.

PSINSP Mulat, a principled police officer, is a strategic thinker, multi-tasker, a community organizer and a mother ; her constant vigilance keeps the town of Tagoloan safe from any criminal elements; SP Resolution No.260-2015 reads.

Part of the repertoire of her achievements were the successful arrest of a Chinese national who operated illegal explorations and stealing of minerals in Tagoloan and the innovation on

barangay information network which led to the arrest of the number one suspect in the Philippine Drug Enforcement Agency’s Illegal Drugs Watch List in the same municipality, among others.

According to PSINSP Mulat, lack of financial resources should not deter a Police Officer in doing his/her duty.

She initiated, together with their partner stakeholders, to raise funds and materials for the establishment of addit iona l p olice outposts and firearms in her Area of Responsibility.

“She is an epitome of a Police Officer who is committed and dedicated to serve the people the best way she can. She also upholds the integrity of the PNP as well,” Vice Governor Pelaez said.

“Her recognition as one of the ten outstanding

policemen of the country demonstrates not only her exemplary performance, devotion and loyalty to her duty a s prot e c t or of l i fe liberty and property

of the people, but also gives pride and honor to Misamis Oriental,” he added.

The SP Resolution No. 260-2015 was passed during the

35th Regular Session of t h e S ang g u n i ang Panlalawigan and was presented to her last October 5, 2015 during the 36th Regular Session.

Governor Bambi

B. Emano and the P h i l ippi n e Nat i on a l Police Provincia l, Regional and National Commands were furnished with a copy of the said Resolution.

COMMENDING THE LADY POLICE CHIEF OF TAGOLOAN – The SANGGUNIANG PANLALAWIGAN OF MISAMIS ORIENTAL headed by VICE GOVERNOR JOEY G. PELAEZ presents a Resolution commending Senior Police Inspector MARICRIS Y. MULAT, PNP Chief of Tagoloan, Misamis Oriental, for being adjudged as one of the ten outstanding policemen in the search for the Country’s Outstanding Policemen in Service (COPS) by Metrobank Foundation, Inc. (From L-R: Provincial Board Members Boris Actub, Mario Emano, Susan Lagbas and Nancy Madjos, PSINSP Maricris Mulat, Vice Governor Joey Pelaez, Provincial Board Members Benedict Lagbas, Mercy Grace Acain, Jabi Bernaldez, Bing Dumadag and Emmanuel Mugot).

A TEACHER , A HERO

By ROSELYN P. PADA Teacher I DAMILAG ELEMENTARY SCHOOL

“A good teacher has been defined as an individual who can understand those who are not very good at explaining and explain to those who are not ver y good at understanding”

by Dwight D. Eisenhower.

Being a teacher is not a n e a s y t a s k . Te a c h e r molds the minds of young

i n d i v i du a l s t o pre p a re themselves to become a responsible citizen of this country.

Te a c h i n g t h e m i s a challenging work because it involves different long process of activities .

These includes teaching reading, writing, counting, and most importantly ,

impar ting them a go o d traits to become a better person. Therefore the writer describes the teacher as: T - Trustworthy , ready to E - e x te nd e x t r a t i me beyond office hours A - and C - careful to H - handle E - everybody’s heart & minds of young ones in R - rendering services.

DSWD launches Pantawid Youth Development Session Davao City – The Pantawid Pamilyang Pilipino Program of the Department of Social Welfare and Development (DSWD) will conduct the Regional Launching of the Youth Development Session (YDS) at the Davao City National High School on Tuesday, October 20.

The activity shall include the launching program to be followed by a press conference and simultaneously the actual conduct of the YDS modules to high school Pantawid beneficiaries.

The Regional Launching will involve the DSWD National Area Management Un it , R e g i on a l Yout h Development Unit, Office of the C ommissioners of the National Youth Commission, Regional

officers from the Department of Education, School Heads of identified beneficiaries and some 260 Pantawid Pamilya high school beneficiaries.

“Youth are a positive force for transformational change. Their opportunities for communicating, acting and influencing are unprecedented. The challenges they face are unpre ce dente d, to o, from climate change to unemployment to multiple forms of inequalities and exclusion, in particular for youth belonging to vulnerable or marginalized g r o u p s ,” s a i d D S Wd Regional Director Priscilla N. Razon.

“Our youth are engaged in public life and participate in political

processes and institutions.

When young men and women understand their rights, they can become empowered to engage in civil society, public service and political processes, at all levels. Youth are agents for community resilience and they can be positive agents of change in their communities in time of conflict and disaster,” RD Razon added.

C u r r e n t l y, t h e Pantawid Pamilyang Pilipino Program provides education grants to more than 7 million children aged 3-18 belonging to more than 4.3 million households. Under the expansion, children in high school are entitled for education grants until they are 18 years old. (DSWD)

PADAYON PILIPINO/UNA PROVINCIAL SLATE files certificate of candidacies, October 12, 2015, lead by re-electionist Governor Bambi Emano.Before filing, a holy mass was held at the Fatima chapel for the candidates and supporters of the party. The group then proceeded to the Provincial COMELEC office to file their certificate of Candidacies.

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EXTRAJUDICIAL SETTLEMENT WITH DEED OF EXCHANGE Notice is hereby given that the intestate estate of the Late PANFILO O. QUIBUEN, who died in Maranding, Lala, Lanao Del Norte on January 2, 2002, left a certain real property, situated in Maranding, Lala, Lanao Del Norte and which property described as follows; Residential lot covered

by TCT No. T-13733, Lot No. 451-A-17, Psd-12-011883, Area: 368 square meters only, Location: Maranding, Lala, Lanao Del Norte.

Residential lot covered by TCT No. T-25,611, Lot No. 451-A-2, Psd-12-011883, Area: 367 square meters only, Location: Maranding, Lala, Lanao Del Norte, are the subject of EXTRAJUDICIAL SETTLEMENT WITH DEED OF EXCHANGE, made and entered namely; 1. BERNARDITA DELA CERNA QUIBUEN of legal age, widow, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; 2. JOHN JAY DELA CERNA QUIBUEN of legal age, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; 3. YVETTE MARIE DELA CERNA QUIBUEN of legal age, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; 4. SUZZETTE MARIE DELA CERNA QUIBUEN of legal age, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; 5. JOJETTE MARIE DEL CERNA QUIBUEN of legal age, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; 6. LYNETTE MARIE DELA CERNA QUIBUEN of legal age, Filipino and RESIDENT OF Maranding, Lala, Lanao Del Norte; Under Notary Public of Atty.

Eleuterio M. Obial per Doc, No. 77; Page No. 15; Book No. XIX; Series of 2015 BWM Oct. 16, 23 & 30, 2015

MEN’S HIGH-TOP SNEAKERS GO HIGH IN STYLE AT THE SM STORE Hi-top sneakers have gone from the hard court into smart street style. And at the SM Store, global brands like Converse, Pony, Supra, and Vans are showing us how sneakers have transformed into what is now a fundamental piece of the modern men’s urban wear.

Incorporating function with style in a series of classic, or revised hybrid silhouettes, hi-tops have now crossed over into cool territory with fun on-trend designs. Here are some new designs that make hi-tops hip today:

Chuck Taylor’s All Star Washed Canvas Hi has a pigment sprayed and stonewashed upper to go along with a white washed midsole and toecap. The distressed technique gives

IN RE: PETITION for the CANCELLATION

SPL. PROC. No. 441-2015

from the RECORDS of DUPLICATE Of Birth Certificate of KIM ESPIGA

CALIBO and CORRECTION of NAME

& Parents Name from KIM ESPEGA

CALIBO to KIM ESPIGA CALIBO and

from FOCASIO Y. CALIBO and

ARCELE A. ESPEGA to HISAMITSU

KUBOTA and ENA ESPIGA CALIBO KIM ESPIGA CALIBO,

Petitioner, -versusTHE LOCAL CIVIL REGISTRAR OF GINGOOG CITY,

Respondent.

X-------------------------------/ ORDER The petition being sufficient in form and substance, the same is given due course. Let the hearing of this petition be set on NOVEMBER 25, 2015 at 8:30 o’clock in the morning. Any interested party may oppose the petition within fifteen (15) days from notice of the petition or from the last day of publication whichever comes first.

The Clerk of Court is directed to cause the publication of this Order in a newspaper of general circulation in the Province of Misamis Oriental at the expense of the petitioner once a week for three (3) consecutive weeks.

Likewise, let copy of this Order and Petition be furnished the office of the Solicitor General, the Deputy City Prosecutor, the Local Civil Register of Gingoog City.

SO ORDERED.

Done this 23rd day of September, 2015 at Gingoog City.

Show stopping Prints and Washes! Chuck Taylor’s All Star has an Aztec pattern design; while its Washed Canvas Hi has a stonewashed upper that gives it a distressed look. Who says hi-tops weren’t hip?

Going for Gum! Born out of practicality, gum soles were initially developed for hard court sports. Their rubber construction is designed to give better grip that plastic soled footwear, while ensuring no marks were left on playing surfaces.

Chuck Taylor All Star’s Aztec pattern pair

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 43 Gingoog City

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(SGD.) MIRABEAUS A. UNDALOK Presiding Judge

BWM: October 2, 9 & 16, 2015

it an authentic, “been there and done that” appearance.

Today, this five-aside staple has moved off the courtside bench into many of a sneaker head’s wardrobe. Converse Chuck Taylor’s AllStar Tri-Panel Hi has a textured gum rubber toe accent that really makes it cool.

Getting Textural!

Make a bold statement with woven styles and exotic fabrications.

Leather and canvas lead the way in Converse’s Pro Field Hi; while Converse Chuck Taylor’s All Star Tri Panel Hi has a canvas upper with suede accents.

The Great White Way! As the epitome of minimalist style, white sneakers have been an off-duty wardrobe staple since the days of Newman, Dean, and McQueen.

In today’s reboot of the iconic silhouette, white sneakers have found their way into the wardrobes of a whole new generation of cool men.

High –top sneakers are available at the Men’s Shoes Department at The SM Store of SM City Cagayan de Oro and in all the SM Stores nationwide.

Cool and comfy classic high-top sneakers can be the modern guy’s best buddy

Republic of the Philippines 8th Municipal Circuit Trial Court Initao-Libertad, Misamis Oriental 10th Judicial Region Initao, Misamis Oriental

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 43 Gingoog City

NOTICE OF SALE ON EXECUTION OF REAL PROPERTY

OFFICE OF THE CLERK OF COURT & EX-OFFICIO SHERIFF

Whereas, by virtue of an Order of Execution issued by the Hon. Hazel O. Perez, Acting Presiding Judge of this Court on February 7, 2013, in Civil Case No. 2010-02 wherein Initao National Comprehensive High School Teachers & employees Cooperative (INCHSTECO) is the plaintiff and Allan E. Acain is the defendant for Sum of Money with Damages for the recovery of the sum of P 181,090.36, with interests and costs, etc., levy was made

by Sheriff Norberto F. Labis on September 3, 2015 thru the Register of Deeds of Misamis Oriental, the rights, interest and participation of said defendant Allan E. Acain in the real property more particularly described as follows: TAX DECLARATION NO. 22-0007-00230 PIN NO. 052-22-0007-007-22

“A parcel of Agriculture Land, CAD 529, Lot No. 2268, located at Mat-i, Naawan, Misamis Oriental, containing an area of 3.3429 ha. declared in the name of Acain, Nilfa, Nena, Emme & Allan (note: a portion only, owned by Allan E. Acain) TAX DECLARATION NO. 22-0007-00427 PIN NO. 052-22-0007-016-19

“A parcel of Agriculture Land, CAD 529, Lot No. 2291, located at Mat-i, Naawan, Misamis Oriental, containing an area of 1.3087 ha. declared in the name of Acain, Nilfa, Nena, Emme & Allan (note: a portion only, owned by Allan E. Acain) NOW, THEREFORE, by virtue of said Order of Execution and in accordance with Rule 39, Section 19, of the Rules of Court, Sheriff Norberto F. Labis will sell at public auction to the highest bidder, for CASH and in Philippine Currency NOV.26, 2015 at 10:00 o’clock A.M. or soon thereafter at the entrance of the Office of RTC Branch 44 Initao, Misamis Oriental) the rights, interest and participation of defendant Allan E. Acain, in the above-described real property in order to satisfy said Order of Execution, together with interests, costs, sheriff’s fees and expenses of sale.

Initao, Misamis Oriental 24, 2015.

NOTICE OF EXTRA-JUDICIAL SALE File No. 207 Upon Extra-Judicial Petition for sale under Act 3135 as amended by Act 4118, filed by 1st VALLEY BANK, INC., with principal address at Baroy, Lanao, del Norte and a Branch office at Brgy. 22, Gingoog City, against SPS. AURORA and PERFECTO DANTE of Brgy. 24-A, Gingoog City, Misamis Oriental, to satisfy the Mortgagee indebtedness which as of September 23, 2015 have amounted to THREE HUNDRED FIFTY THOUSAND SEVEN HUNDRED THIRTY FIVE PESOS AND 67/100 (Php 350,735.67) embracing the principal, interest and other charges and excluding foreclosure expenses and other fees incurred in the foreclosure proceedings, the undersigned Sheriff will sell at public auction to the highest bidder for CASH on December 1, 2015 at 8:00 o’clock in the morning to 4: 00 o’clock in the afternoon at the office of the Clerk of Court, Regional Trial Court, Dugenio St., Gingoog City, the following properties with all the improvements existing thereon, to wit: TRANSFER CERTIFICATE OF TITLE A PARCEL OF RESIDENTIAL LAND ( LOT 121-L, PSD-104308-016022, being a portion of lot 121, PCS5848), situated in the Barrio of Poblacion, City of Gingoog, Province of Misamis Oriental, Island of Mindanao, containing an area of Three Hundred Thirty (330) square meters, more or less.

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

In the event the public auction should not take place on the said date, it shall be held on the next working day without further notice, posting and republication The prospective buyer/s may investigate for themselves the title of the herein described property/ properties and the encumbrances thereon, if any there be.

Gingoog City, September 29, 2015.

FOR THE EX-OFFICIO SHERIFF

(SGD.) NORBERTO F. LABIS

Sheriff IV

RTC-Br. 44 Initao

Misamis Oriental

BY:

(SGD.) FLORA C. PEREZ

Sheriff IV

RTC-Branch 43

Gingoog City

BWM: October 9, 16 & 23, 2015

BWM: October 2, 9 & 16, 2015

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DTI... from page 2

and proven safe since there will be freer flow of goods and as member of ASEAN, complaints will be easily endorsed to other ASEAN country.

He said this collaboration with different line agencies is so important to have synergy to protect consumers especially on resolution of complaints, since after all consumer welfare is not just the business of DTI but everyone’s.

F i rst a c t iv it y w as a motorcade around Cagayan de Oro City and two more upcoming activities are the Regional Quiz Bee for high school students and awarding of DTI BAGWIS to establishments with excellent customer service and laws compliant.

Meanwhile, Natalie Igot of Commission on Higher Education (CHED) and president of ConsumerNet region 10 said that aside from these activities, they will also have Mangrove Clean Up on 16 October 2015 in Taytay, Elsalvador in coordination with the Department of Environment and Natural Resources (DENR) and Environment Management Bureau (EMB).

Igot said that there is a big connection of consumers and the environment. She said we cannot have just the business side such as factories because we are part of the environment. So part of the goals of ConsumerNet is greening and clean up.

In terms of education, she said CHED aims to deliver quality education through identifying and awarding schools with competencies.

Igot said that in every five years, CHED give recognition to schools whether they fall under Center of Excellence or Center of Development.

The difference, she said, is with the rating. For ratings 95 and up, schools will get Center of Excellence while a rating of 80-90 will get Center of Development where they are dubbed leaders of the industry. This recognition will also assure parents of the quality education and service for their children.

However, she emphasized that these recognition is field specific. In region 10, Center of Excellence is awarded to Central Mindanao University (CMU) in the field of Agriculture, Veterinary, and Forestry; while Mindanao State University – Iligan Institute of Technolog y (MSU-IIT) for fields in Biology, Chemistry and Math.

For Center of Development, Xavier Univeristy (XU) was awarded in the field of Agriculture, C hemic a l Eng ine er ing , Civil Engineering Literature Studies, Education and Electrical Engineering; MSUIIT for Civil Engineering, Physics and Information Technology; CMU for Biology and Math; Capitol University and Cagayan de Oro College for Criminology; Mindanao

University of Science and Technology (MUST) for Math and Electrical Engineering and MSU Naawan for Marine Biology.

Igot said this list is up to December 2015 only and next year, they will have a new list again.

CSO... from page 2

River Life Saver Foundation of Liceo de Cagayan University; Rizalina Amesola of Ranao Wo m e n a n d C h i l d r e n Resource Center, Pastor Crispin Dura of NACPHIL; Adelina Sales of GTAPWo; Rufiniano Lindongan of NACPHIL; Noel Resma o f M R O F I - NAC M R P ; Gil Salavaleon of Farmers Federation; Jimmy Oco of ALEMA Organization; Brenda Caberiana of MALISA Home; Christian Flores of Values Restoration Advocate for Mindanao; Felipe Tangcalagan of Philippine Task Force Movement; Roseller Bastillada of PHILCARED Inc.; and Virgelia Demata of Philippine Island Kids Foundation.

Along with beneficiaries, t h e C S O s w i l l g at h e r signatures in support for the institutionalization of Pantawid Pamilya.

Meanwhile, the House C ommitte e on Pover t y Alleviation has already approved the consolidated bills institutionalizing the Pantawid Pamilya.

Tarlac Rep. Susan Yap authored House Bill (HB) 154 or “An act institutionalizing the Conditional Cash Transfer program of the government to re duce p over t y and promote human capital development and providing funds therefore.”

HB 154 or the “Pantawid Pamilyang Pilipino Program Ac t “s e e k s t o prov i d e assistance to the poor, break the intergenerational cycle of poverty, promote gender equality, achieve universal primary education, reduce child mortality and improve maternal health, which are also the part of the government’s Millennium Development Goals.”

Given the success of the program in reaching out to the poor, Atty. Araceli F. Solamillo, regional director of the Department of Social Welfare and Development-10 (DSWD), said there is a need to ensure sustainability through an enacted policy.

She also welcomed the support of the CSOs. Under the bill, qualified household beneficiaries will receive conditional cash transfer of P500 per month for health and nutrition expenses, P300 per month per child for educational expenses, and a supplementary education grant of P300 for each child who maintains passing grades in all subjects after the first year of implementation of the program. A maximum of three children will be allowed for each qualified household beneficiary.

The bill will limit the time span of beneficiaries to

avail the assistance to seven years and provides programs that would ensure that said beneficiaries will remain non-poor after the time limit.

According to a study conducted by Dr. Celia Reyes of the House Congressional Policy and Budget Research Department, school attendance rates of children six to 11 years old from Pantawid Pamilya household families were higher compared to children from non-Pantawid families. This marks the positive impact of the program to school participation of children at the primary level.

The studies also disclosed that most of the parent beneficiaries who are poor belong to the categories of those who did not finish their studies or out of school youths (OSYs). It is also through the program where parents are given the chance to learn the value of good health and education to their children’s future and its effect in the struggle against poverty.

At present, over 10 million children in the country are sent to schools through the Pantawid Pamilya.

L ast March , a tot a l of 333,673 high school beneficiaries nationwide were able to graduate with the existence of the conditional cash transfer. Some of them continued their studies in college through scholarships and graduated with honors.

To date, more than 4.4 million poor households in the country are benefiting from the program.(Oliver B. Inodeo/DSWD/PIA10)

rate.

EPI’s geothermal project, the 40-MW Montelago plant in Occidental Mindoro will begin drilling work this week, to be done by Iceland Drilling Corporation. The listed company also announced that it has awarded the engineering, procurement and construction to the Spanish-Italian consortium, TSK-Turboden.

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I cannot change my spouse’s personality and w ay s , an d n e it h e r c an you change yours. But if you let Jesus Christ start changing you first, then after some time your wife or husband may also want to start changing. So why not be the first one in your marriage to say these words and really mean them from your heart: “Lord, please change my marriage into a happy, satisfying one. And start by changing me first.”

Just Think a Minute…

As an initial assistance, DA Caraga consolidated local fabricators who are ready for AMTEC testing to facilitate the presence of AMTEC engineers in Caraga to conduct the test.

“We are grateful that DA is extending assistance for us because it is so expensive if we will have the AMTEC testing individually,” Noel Honorio, one of the local fabricators said.

DA Caraga supported the move to lobby to AMTEC to put up a testing center for Mindanao to be located in one of the universities in Caraga.

To st rengt hen lo c a l manufacturers and dealers, they were organized and voted Pedro Lim of San Francisco, Agusan del Sur as the president.

Assistant Regional Director (ARD) for Operations and LGU Support Edgardo D. Dahino is optimistic that more Caraga-based farm machinery fabricators could supply the needed equipment for the farmers instead of sourcing it outside the region.

DA Caraga annually conducted a public bidding to supply farm equipment mostly pre and post harvest facilities such as tractors, floating tiller, thresher, among others in support to its banner program interventions for corn, rice, high value crops development program, organic, livestock and special projects.

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Shipment... from page 6

which has adversely affected commodity prices.

“It bears mentioning that at current prices, about 60% of producers are operating at a loss, a situation unseen in many years,” he added.

However, Mr. Brimo said the company believes the “bottom has been reached for nickel prices.”

Meanwhile, Nickel Asia said its 66%-owned renewable e n e rg y f i r m E m e rg i ng Power, Inc. (EPI) has started construction of its P7.7 billion 100-MW solar facility at the Subic Bay Freeport Zone.

EPI aims to operate at 60-MW capacity by March 15, 2016 to remain qualified for the solar feed-in tariff

Integration... from page 1

Cybercriminal... from page 7

their process which in turn they mimicked to transfer money out through their own systems.

As I mentioned above, the usual entry point into the network is through users clicking on malicious links. Once the user device is compromised, the attackers will start moving about the network to find the data they are looking for. This is where network segmentation becomes extremely important.

One, it helps reduce the impact of the breach since a company can isolate the breach to a specific location while not affecting the rest of the network. Also, it allows for sensitive data to be zoned in a higher security area which will give the bad guys a tougher time to exfiltrate data. Lastly, “You can’t protect and monitor ever ything within your networks”. The networks are too large and complex; so find the critical data, isolate it and put more granular focus on monitoring the avenues of approach to that data.

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He s ai d t he pr iv ate sector can help in ensuring c ompl i an c e of A SE A N members with their commitments.

Rodolfo also cited the need for a pro-active private sector in pursuing market opportunities, creating brand awareness and promoting inclusive business models.

His statement was supported by Cagayan de Oro City Mayor Os car Moreno who underscored the important role of the private sector in the local economy.

Addressing around 173 delegates, Moreno said regions will not attain success without the engagement and commitment of the private sector.

The opening ceremony of the 6th RDC-PSR national convention was highlighted by a program showcasing the rich culture and various tribes in Northern Mindanao.

With the theme “Enhancing Public and Private Partnership in the ASEAN Market,” the threeday RD C-PSR national confab aims to strengthen the role of PSRs, enhance their capabilities in meeting the challenges of the ASEAN Economic Integration, and strengthen public-private partnership towards global competitiveness.

The best practices on public and private partnership (PPP) and the strategies to enhance the role of the private sector in the PPP will also be tackled in the three-day convention. (APB/PIA-10)

Endorses... from page 1

has 27 chapters in CdeO. Rodriguez met last Sunday with Executive Committee of all the 26 chapters of the Guardians in the city who all delivered to the congressman the bloc commitment of their respective members.

Salvador said: “This is the first time ever to happen for PGBI in Cagayan de Oro,” referring to the block commitment of political support for Rep. Rodriguez.

The leaders of the 26 chapters, led by City Executive Council President Romelito Nob, were impressed by the seven-point agenda of Rodriguez, who spelled out them during the PGBI’s “Pulong-Pulong sa Guardians with Rep. Rufus Rodriguez.”

The meeting was also graced by Guardians regional

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2014 ppi’S Best in ENVIRONMENTAL Reporting

president Nilo Abugaa.

The seven-point agenda includes anti-crime campaign, orderly traffic, education and youth development, health, socialized housing and land acquisition, effective garbage collection and disposal and flood-control system.

Rodriguez appealed to the Guardians to help in the worsening traffic situation in the city. He said that if he would win as mayor, he would deputize the Guardians as traffic enforcers alongside barangay tanods.

Rodriguez also asked the Guardians to help in preventing crime in their respective barangays.

He said that police officers alone could not do the task.

He then added that Guardians who will help maintain peace and order in the barangays would be enrolled in insurance coverage.

Rodriguez, a three-termer congressman, also intends to nationalize the JR Borja General Hospital and use City Hall’s budget intended for it to fund the construction of two more city hospitals – one in the first district in Lumbia and another in his home district in barangay Tablon.

He also plans to build a city college, create a city-wide drainage system, a barangaybased garbage collection scheme and a social housing program that would result in real land titles held by new occupants.

Rodriguez said if given the chance to occupy city hall, he would ask the Social Housing Finance Corporation to implement their community mortgage program in the city.

T he S o c i a l Hous i ng Finance Corporation would shoulder 90% of the cost in the acquisition of the land while the remaining 10% would be shouldered by the city government with 2% interest to be paid out by the occupants in 25 years.

For the garbage collection system, Rodriguez said that City Hall’s yearly budget for a contractor must be scrapped in lieu of purchasing garbage trucks to the barangays. The barangays would segregate their own waste and the remaining filth would be transported to a new sanitary landfill.

He said the city government has already paid a huge lot in Brgy. Pagatpat for the purpose and said the open dumpsite at Zayas must be closed because it is unhygienic. (With a report from Mark Francisco, MDN Staff Writer)

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YOUR Mindanao-wide BUSINESS paper thu-fri | october 15-16, 2015

Editor: SHAUN ALEJANDRAE YAP UY

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Ladybag opens at Centrio Ayala Mall

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nique concept store geared towards offering a wide selection of women’s bags is set to capture the hearts of bag-loving ladies in the south Beyond being a mere object of function, bags serve a significant role in women’s lives. Capable of speaking volumes about a lady, her story, and what she aspires for in life, a bag is certainly more than just an accessory.

For the love of bags Taking to heart the importance of bags for women, Ladybag was conceptualized to become the quintessential source for ladies’ bags. Since it first opened its doors, it has quickly become a go-to shopping destination where women can find a wide array of bag brands and styles – from handbags to ladies’ accessories and everything else in between.

To address the growing clamor for this one-of-a-kind concept store, Ladybag has recently unveiled its newest store, October 15, at the 2nd level of Centrio Ayala Mall, Cagayan de Oro City.

Keepin’ it fancy and fresh Committed to offering the headiest mix of ladies’ bags, Ladybag makes sure to keep a fun and exciting line-up of bag brands that offer designs and styles that will suit every taste and personality. From

career-driven dames and super mommies to stylish young professionals and trendy students, ladies can easily find an ideal selection at Ladybag.

Apart from the usual hobo bags, clutch bags, satchels, totes, and messenger bags, ladies’ bag accessories can also be found in-store, such as wallets, bag organizers, and cosmetic pouches among others. Indeed, women of all ages are sure to find something upon popping Ladybag a visit.

Unique as you Staying true to its promise of offering an electric assortment of bag brands to reflect the everevolving preferences of ladies, Ladybag prides in its diverse crop of luxurious yet affordable bag labels such as Sakroots and Paul’s Boutique.

Founded by Marc Talucci and Todd Elliot, Sakroots is a line of vibrant and uniquely printed lifestyle bags and accessories that appeal to the artist, musician, and nature lover in all of us. Each collection features original artwork from the brand’s artist circle gallery of prints and textured embellishments – embodying the relaxed vibe and carefree heritage of the brand.

On the other hand, Paul’s Boutique is a stark contrast from the bohemian appeal of The Sak and Sakroots.

LADYBAG

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Primer Group Area Operations Head VisMin Edgar Rabino (2nd from left), Visual Merchandiser Earl Peralta, Design and Construction Officer Claudel Salido (3rd & 4th from left), Ladybag Marketing Communications Officer Alexis J Suarez (Center), Norgelyn Bihag and Neil Fernandez - Primer Group Cluster Operations Head (2nd from right & rightmost), with the Ladybag ladies, pose for posterity during the opening of Ladybag at the 2nd level of Centrio Ayala Mall, Cagayan de Oro City, October 15. Photos by SHAUN UY

Ladybag is now open at the 2nd level of Centrio Ayala Mall, Cagayan de Oro City

Sakroots and Paul’s Boutique brands on display

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It’s a Matter of Trust—Sending Packages from the Philippines to Anywhere in the World Sending any package through a courier requires a certain level of trust—especially when you consider the sentiment that goes behind it.

But while efficiency and reliability continue to be a hallmark of the express delivery industry, LBC goes a step further by allowing Filipinos domestically to bridge the distance with their loved ones to any part of the world where LBC is present. It also underscores the importance of having a courier that you can trust, essentially becoming a partner for local businesses who hinge on the service’s convenience, consistency and dependability.

With this, LBC will be making sure that each padala arrives safely, in the same condition it was dispatched, at the time it was promised, as it travels halfway across the world.

“LBC is known as the go-to courier for Filipinos abroad who needs someone that can send the padama behind each padala. But the same can be said from those who want to remind loved ones who live outside the country that

they are missed back home or local businesses that need a reliable partner who can help them make operations more effective,” says Alex Ramos, Brand Head for Philippines.

Certainly, the brand’s strength is in the breadth of their network which translates to convenience.

To date, LBC already caters to over 250 countries worldwide. But what really differentiates the brand is the assurance that your packages get the respect and thought it deserves as it goes from one point to another—no matter the distance.

As for convenience, customers can send their packages at any branch, or book a free pick-up service anywhere in Metro Manila.

So whether it’s a care package of things that remind someone of home, a letter to tell a loved one that they are missed, or an important document that needs to be delivered safely and on time, LBC makes sure that you can easily send your parcels, packages or documents to any part of the world.

“The concept of the padama behind the padala is an inherently

Filipino value, something that not all couriers in this industry understand.

For every package sent through us, we know there’s an intent, a thought, an emotion behind it. We recognize the value of the content and acknowledge the fact it’s a lot more than that,” says Ramos.

It’s a sentiment that assures Filipino customers that wherever their loved ones may be in the world or whatever their business needs, they know that LBC can be trusted to go that extra mile to get the job done right.

“It goes beyond the logistics of moving packages and parcels from the Philippines to anywhere in the world. These mean a lot to the people receiving them and a lot of trust is given to us by those who send it via LBC, so it’s only fitting that we provide the kind of service that respects the confidence they have in the brand,” he ends.

For more information on LBC, please visit http://www.lbcexpress. com; or call the following hotlines: 8585-999 (Metro Manila), 1-800-108585-999 (Provincial).

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infusing classic designs with a unique and edgy twist.

The result is a constantly rejuvenating range of vibrant casual bags that are elegant yet spunky at the

same time.

These are just some of the many one-of-akind brands to be found at LAdybag – where style is never compromised for

Harboring elements from the contemporary era, Paul’s Boutique’s unique brand DNA is all about

quality and functionality.

With the launch of Ladybag in Centrio Ayala Mall, ladies of the South no longer have to go so far to find a wide selection of affordable,

luxurious, and high quality bags.

Ladybag is owned and distributed by Primer Group of Companies, Asia’s next retail giant.

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